A Calgary-based defence tech startup has secured a four-year, $4.2-million contract from Canada’s defence department, coinciding with increased federal military spending. North Vector Dynamics, founded…
View More North Vector Dynamics wins $4.2M National Defence contract for hypersonic propulsionTag: Calgary
Deep Sky Launches First Direct Air Carbon Capture Facility in Alberta
Montréal-based cleantech startup Deep Sky has announced that its pilot carbon-capture facility in Innisfail, Alberta, is now operational, marking a first for North America. Deep…
View More Deep Sky Launches First Direct Air Carbon Capture Facility in AlbertaSovra Names Tom Spengler as New CEO, Divests “Non-Core Businesses” to Focus on Government Tech
Montréal-based public sector procurement platform Sovra, formerly known as MDF Commerce, has introduced a new CEO, acquired Calgary-based software startup Ontopical, and divested six “non-core”…
View More Sovra Names Tom Spengler as New CEO, Divests “Non-Core Businesses” to Focus on Government TechBobbie Racette Resigns as CEO of Virtual Gurus Following Undisclosed Funding Round
Bobbie Racette, founding CEO of Virtual Gurus and the first Indigenous woman in Canada to raise a Series A round, is transitioning to serve as…
View More Bobbie Racette Resigns as CEO of Virtual Gurus Following Undisclosed Funding RoundCo.Labs’ XiR Program Transforms Mentorship into $100 Million Momentum
When Nick Gray initially collaborated with the soil remediation startup LiORA through Co.Labs’ X in Residence (XiR) program last spring, he intended to provide strategic…
View More Co.Labs’ XiR Program Transforms Mentorship into $100 Million MomentumLiORA Raises $5.1 Million in Seed Funding to Expand U.S. Soil Remediation Platform
Previously known as Environmental Material Sciences (EMS), soil remediation platform LiORA has raised a $5.1 million CAD seed round to execute its U.S. market strategy.…
View More LiORA Raises $5.1 Million in Seed Funding to Expand U.S. Soil Remediation PlatformLondon’s Atlantica Expands in Canada with Renewable Platform Acquisition from Oslo’s Statkraft
Atlantica Sustainable Infrastructure, a London-based company specializing in sustainable assets, has announced its acquisition of Statkraft’s Canadian renewable energy platform. This move adds 236 MW…
View More London’s Atlantica Expands in Canada with Renewable Platform Acquisition from Oslo’s StatkraftNGen Drives $108 Million Investment in Sustainable Manufacturing Tech
Next Gen Manufacturing Canada (NGen), the federally supported organization managing the Canadian Global Innovation Cluster for Advanced Manufacturing, has allocated $37 million CAD to a…
View More NGen Drives $108 Million Investment in Sustainable Manufacturing TechYaletown Partners Secures $100 Million in Initial Closing of Third Innovation Growth Fund
Vancouver-based venture capital firm Yaletown Partners has raised $100 million CAD in the first close of its third Innovation Growth Fund (IGF III), continuing its…
View More Yaletown Partners Secures $100 Million in Initial Closing of Third Innovation Growth Fund