Alberta Innovates

Alberta Innovates is a key organization focused on fostering innovation and economic development in Alberta by leveraging the province's strengths in health, energy, environmental technologies, agriculture, forestry, and life sciences. Established by the Alberta government, Alberta Innovates aims to translate research into impactful products and solutions, contributing significantly to the global bioeconomy. The organization actively supports the development of new technologies and innovative ideas, particularly in areas such as sustainable value chains, biorefinery advancements, and addressing emerging challenges in food and health. By prioritizing sustainability practices and promoting natural products in international markets, Alberta Innovates positions the province as a global resource for bio-based research and investment. The organization's efforts focus on strengthening partnerships to enhance Alberta's capacity for innovation and attract world-class talent and investment, ultimately realizing the province's potential to lead in the next generation of bio solutions.

Laura Kilcrease

CEO

86 past transactions

PrePad

Grant in 2025
PrePad provides advanced software solutions for optimizing capital lifecycle management, execution tactics, and asset development in the oil and gas drilling and completion industries.

PlasCred Circular Innovations

Grant in 2025
PlasCred innovates in waste plastic management, transforming hard-to-recycle plastics into valuable petrochemical feedstock using a proprietary catalytic pyrolysis process. Its product, Renewable Green Condensate (RGC), enables the production of virgin-grade plastic and supports Extended Producer Responsibility regulations.

Syantra

Grant in 2025
Syantra is a precision biotechnology company focused on transforming cancer detection and treatment, with an emphasis on breast cancer. Its flagship Syantra DX Breast Cancer is a blood-based test for early screening that analyzes a panel of gene expression biomarkers from whole blood and employs machine learning to yield a positive or negative result. The company also develops the Onco-ID platform to broaden early cancer detection across multiple cancer types. In addition to breast cancer, its devices offer a blood-based cancer detection assay that uses a novel biomarker set and AI-driven interpretation to support clinicians in diagnosis. The overall aim is to provide healthcare providers with tools for earlier, more accurate detection of cancer.

FireSafe AI

Non Equity Assistance in 2024
FireSafe AI is a hardware-led AI company based in Edmonton, Alberta, building advanced wildfire detection and risk management systems. Our platform combines AI-powered risk analytics, camera-based mobile monitoring units, drone surveillance, and real-time dashboards to help governments, industries, and communities detect wildfires early and act fast. Founded in 2023, FireSafe AI is addressing the global rise in wildfire events with a two-part solution: predictive risk intelligence and real-time fire detection. We’ve launched pilots in high-risk regions of Western Canada, including the MD of Bighorn near Calgary, and secured a strategic U.S. partnership with RescAlert Inc. to expand into California, Texas, and the Appalachian states. Graduates of Cohort 6 of the Community Safety & Wellness Accelerator powered by AlchemistX, FireSafe AI has already built over $1M in early deal flow and is now raising a $3M USD seed round to scale its go-to-market and product development. We exist to empower communities with smarter, faster wildfire intelligence—because every second counts.

Mikata Health

Grant in 2024
Mikata Health is a digital health company that facilitates collaboration between patients and healthcare providers. Its platform aims to streamline primary care by offering convenient appointment scheduling, personalized reminders, and follow-up communication, thereby reducing administrative burdens on doctors and improving patient engagement.

Northstar Clean Technologies

Grant in 2024
Northstar Clean Technologies, established in 2017 and headquartered in Delta, British Columbia, specializes in the recycling of single-use asphalt shingles. The company employs proprietary process technology to extract and recover valuable components such as asphalt cement, fiberglass, and mineral aggregates. These recovered materials are then repurposed for use in asphalt pavement, shingle manufacturing, and various construction products, contributing to environmentally-friendly reprocessing solutions. Operating primarily within Canada, Northstar Clean Technologies is dedicated to promoting sustainability in the construction and industrial sectors through its innovative recycling efforts.

Ayrton Energy

Grant in 2024
Founded in 2021, Ayrton Energy specializes in developing hydrogen storage technology. Its innovative solution involves storing hydrogen in liquid form, facilitating safe and efficient transportation through existing infrastructures. This technology aims to provide energy security by enabling the use of hydrogen as a fuel for power generation.

Thiozen

Grant in 2024
Thiozen develops innovative hydrogen gas production technology aimed at reducing greenhouse gas emissions. Its proprietary chemical process converts hydrogen sulfide into hydrogen gas, enabling clients to bypass carbon emissions associated with natural gas-based hydrogen production and avoid the high costs of electrolysis.

Ekona Power

Grant in 2024
Ekona Power develops renewable energy generation technology to produce industrial-scale hydrogen. It converts natural gas into clean hydrogen, electricity, and carbon dioxide, serving industrial H2 consumers and natural gas transmission/distribution companies.

Verne

Grant in 2024
Founded in 2020, Verne is a cleantech company based in Berkeley, California. It specializes in developing high-density, low-cost, and lightweight hydrogen storage systems optimized for heavy-duty trucks. Verne's innovative technology enables vehicle operators to maintain existing operations while meeting zero-emission targets.

Total Containment

Grant in 2024
Total Containment develops a system designed to manage pipeline leaks in high-risk locations. Its technology creates an impenetrable physical barrier that shields pipelines from corrosion-causing moisture, electromagnetic interference from power lines, and accidental equipment impacts, thereby protecting the environment and eliminating pipeline leaks.

Gradient Thermal

Grant in 2024
Gradient Thermal offers innovative heating solutions with a small footprint, maximizing comfort and efficiency in homes and workplaces. Their products integrate seamlessly into the environment, maximizing every square foot. These space-saving heating systems are perfect for homes seeking to maximize their layout and use every square foot effectively.

Certarus

Grant in 2024
Certarus is a provider of low-carbon energy solutions, specializing in the transportation of compressed natural gas (CNG) through a fully integrated platform. Established in 2014 and headquartered in Calgary, Alberta, the company develops a virtual natural gas pipeline to serve sectors such as energy, mining, forestry, utilities, and industrial markets. Certarus offers a range of services that include the building, operation, and maintenance of CNG virtual pipelines, as well as the sourcing, compression, and delivery of natural gas. Additionally, the company provides logistics management and monitoring for oil and gas sites, enabling its clients to enhance their environmental performance while reducing operating costs.

University of British Columbia

Grant in 2023
The University of British Columbia (UBC) is a prominent global center for research and education, recognized among the top 40 universities worldwide. Established in 1915, UBC embodies a spirit of innovation and a commitment to challenging the status quo. The university fosters an entrepreneurial environment that encourages students, faculty, and staff to explore new ideas and lead discoveries. With a focus on bold thinking, UBC has been instrumental in creating positive change both locally and internationally for over a century. The institution operates primarily from two campuses, located in Vancouver and the Okanagan, and serves a diverse population of more than 58,000 students from Canada and over 140 countries.

Quickly

Seed Round in 2023
Quickly is an online platform based in Calgary, Alberta, that offers early payment and invoicing tools tailored for small and medium-sized businesses. Established in 2022, Quickly allows users to upload bills and invoices or generate professional invoices based on contracts and projects. The platform aims to simplify the payment process by providing next-day access to verified receivables, enabling businesses to receive funds promptly and manage their cash flow more effectively. By streamlining the transactional relationship between buyers and sellers, Quickly helps eliminate uncertainty regarding payment timelines, thus supporting business growth and enhancing working capital management.

Ontopical

Grant in 2023
Ontopical is a market intelligence platform focused on helping companies secure government contracts by providing insights into local government activities. The platform employs advanced artificial intelligence to monitor municipal meeting agendas, minutes, and videos, delivering timely alerts about emerging business opportunities. By scraping and analyzing vast amounts of data, Ontopical enables clients to identify important signals and potential bids before they are publicly solicited, thereby allowing businesses to build relationships with local governments early in the process. With a focus on enhancing the research and bid-building capabilities of its users, Ontopical has already established a monitoring system for over 15,000 municipalities and continues to innovate with next-generation machine learning technology to predict upcoming business opportunities effectively.

Alberta IoT

Grant in 2023
Alberta IoT is a non-profit, member-based association that exists to nurture and support the growth of the internet of things and emerging technology sectors. Alberta IoT offers opportunities and guidance to scale up businesses looking to relocate to Alberta through the Start-Up Visa program, as well as relationships to help Alberta-based businesses expand globally. Alberta IoT's goal is to provide meaningful access to capital while encouraging mentorship and access to expertise, ultimately increasing the likelihood of successful IoT and technology ventures in Alberta and beyond.

Delphi Group

Grant in 2023
Delphi Group is a strategic consulting firm founded in 1988 and headquartered in Ottawa, Canada. The firm specializes in climate change, sustainability, and environmental, social, and governance (ESG) factors. Delphi Group offers a range of services, including climate change strategy and planning, corporate sustainability strategy, carbon risk management, and greenhouse gas inventories. Their expertise extends to various sectors, such as financial services, logistics, energy, clean technology, environmental services, life sciences, and healthcare. With a focus on promoting sustainable practices and addressing climate challenges, Delphi Group supports organizations in achieving their sustainability goals and transitioning toward a circular economy.

Vistim Labs

Grant in 2023
Vistim Labs is a MedTech diagnostic company focused on neurological disorders. It develops a noninvasive amyloid assessment and an AI-powered neurodiagnostic software that analyzes EEG data to identify brainwave patterns associated with the onset and progression of Alzheimer's disease and other dementias, helping clinicians diagnose and track disease progression.

Urban Machine

Grant in 2023
Urban Machine is a construction company that designs and manufactures machines for reclaiming wood waste from demolition and new construction sites. The equipment uses precision end‑effectors, high‑speed gantries, and vision systems to remove nails, screws, and staples, enabling the conversion of salvaged timber into high‑volume, locally sourced premium lumber products. By applying robotics and artificial intelligence, the company reduces waste and lowers the environmental impact of the construction industry.

TeOra

Grant in 2023
TeOra is an innovative biotechnology company focused on transforming the food production industry by eliminating losses caused by diseases and reducing reliance on harmful chemicals and pesticides. The company recognizes the adverse effects these substances have on human health and the environment, prompting the development of safe, natural, and sustainable biologics. Utilizing its advanced SOLAQ platform, TeOra employs bioinformatics, synthetic biology, precision fermentation, and material science to create biologics. Targeting the aquaculture market, which is valued at $280 billion and experiences significant disease-related losses, TeOra's flagship product, ShrimpGuard, offers a clinically validated solution to combat viral diseases in shrimp. This product integrates seamlessly into existing farming practices, providing a substantial reduction in disease risk for a modest increase in costs. TeOra's technology has the potential to revolutionize food production by managing infections in both plants and animals, thereby promoting efficient and healthy food systems while tapping into a market potential of $193 billion.

GlüxKind

Grant in 2023
GlüxKind is a technology company that specializes in the development of AI-powered smart baby strollers. Their flagship product is designed to provide parents with an extra set of eyes and hands, ensuring a safer and more comfortable experience for both parents and their babies, whether at home or out and about. The stroller incorporates robotics and machine learning to enhance safety and convenience, allowing parents to focus on their child's wellbeing.

Kello Inclusive

Grant in 2023
Kello Inclusive is a talent agency that exclusively represents disabled and visibly different talent; because the beauty of disabilities, diversity, and differences need to be represented properly and fully.

Memory Anchor

Grant in 2023
Memory Anchor is an AI-enabled cemetery software company. They offer SaaS services to federal level government agencies for the digital preservation of cemeteries, artifacts, vehicles, memorials, and other physical landmarks. Their mobile app platform offers 2x the engagement and retention over traditional 2D content such as paper tours and paper maps.

Alberta Machine Intelligence Institute

Grant in 2023
The Alberta Machine Intelligence Institute, established in 2002 and headquartered in Edmonton, Canada, is a non-profit organization dedicated to advancing research in artificial intelligence and machine learning. As one of Canada's three National AI Institutes under the Pan-Canadian AI Strategy, Amii plays a crucial role in fostering innovative AI solutions that bridge scientific advancements and industry application. The institute focuses on enhancing AI capabilities through high-caliber research, comprehensive educational programs, and tailored business advice, all aimed at empowering organizations to build their in-house AI competencies. Through these initiatives, Amii not only contributes to the academic landscape of artificial intelligence but also drives its practical implementation across various sectors.

H2nanO

Grant in 2023
H2nanO develops sustainable water treatment technologies for the resources sector. Founded in 2015, it specializes in low-energy solutions such as floating light-activated catalysts and solar-powered evaporation enhancement.

University of Calgary

Grant in 2023
The University of Calgary is a prominent Canadian research university located in Calgary, Alberta. Established in 1966, it serves over 31,000 students across more than 200 undergraduate, graduate, and professional degree programs. The university emphasizes innovative learning and teaching, aiming to rank among Canada’s top five research institutions. Its strategic vision, known as "Eyes High," focuses on fostering discovery, creativity, and community engagement. The Taylor Institute for Teaching and Learning, currently under construction, will enhance educational innovation by researching effective teaching methods and providing modern learning environments. The university actively promotes international study and volunteer opportunities, enriching the educational experience and fostering diversity. Additionally, it is recognized for its commitment to sustainability and leadership development across various disciplines, including the arts, science, and business.

TC Energy

Grant in 2023
TC Energy is a North American energy infrastructure company that operates extensive natural gas transmission assets, pipelines for oil and liquids, and power generation assets. It delivers a large portion of clean-burning natural gas used to heat homes, power industries, and fuel transportation through its gas network and transports crude oil and other liquids to meet growing energy needs. Its natural gas transmission network spans Canada and the United States with interconnected operations, while Mexican operations are separate from the US network and primarily serve the state utility CFE. In addition to pipelines, TC Energy owns and operates power generation assets, including the Bruce Power nuclear facility, expanding its portfolio into reliable, low-emission electricity. The company leverages the scale of its energy network and trading platform to support energy flows and supply reliability across its North American footprint.

Innovative Fuel Systems

Grant in 2023
Innovative Fuel Systems specializes in heavy-duty trucking services and offers dual-fuel systems for transport engines. They provide bi-fuel CNG and propane systems, fleet maintenance, and vehicle repair.

University of Alberta

Grant in 2023
The University of Alberta is a prominent Canadian university, consistently ranked among the top five in Canada and within the top 100 globally. It offers a diverse range of academic opportunities, providing over 200 undergraduate programs and more than 170 graduate programs across various fields of study. The university is home to a vibrant student community, with approximately 400 active student groups that enhance the educational experience. Notably, the Alberta School of Business within the university is recognized as one of the leading institutions for business education and research, contributing to the university's reputation for academic excellence and innovation.

Aurora Hydrogen

Grant in 2023
Aurora Hydrogen develops clean, scalable hydrogen production technology that utilizes microwave energy to decarbonize transportation and industrial processes. The technology is designed to be adaptable for installations ranging from small fueling stations to large industrial facilities, aims to produce hydrogen with no carbon dioxide emissions and minimal water consumption, and seeks to reduce global carbon emissions through widespread deployment.

Inter Pipeline

Grant in 2023
Inter Pipeline, established in 1997 and headquartered in Calgary, Alberta, Canada, is a prominent player in the petroleum transportation, storage, and natural gas liquids extraction sectors. The company operates a comprehensive portfolio of energy infrastructure assets across western Canada and Europe. Its operations include an extensive network of crude oil pipelines that spans 3,300 kilometers, with a capacity to deliver 4.6 million barrels per day. Additionally, Inter Pipeline manages conventional crude pipelines, natural gas liquids infrastructure, and a significant bulk liquid storage capacity of 31 million barrels in Europe. This diverse asset base is designed to generate long-term and predictable cash flows, providing a steady source of monthly cash dividends for shareholders.

Alliance Pipeline

Grant in 2023
Alliance Pipeline is an energy transportation company that specializes in the transmission of natural gas and hydrocarbon products across Canada and the United States. The firm operates an integrated pipeline system designed to deliver natural gas from market hubs, offering reliable transportation services that enhance efficiency and safety. Alliance Pipeline's infrastructure is engineered to minimize damage from external forces and mitigate corrosion-related failures, allowing for the secure and effective transport of oil and gas. Additionally, the company provides exchange hub services, which include electronic trading, central counterparty clearing, and data services, further supporting its clients in the energy sector.

ATCO

Grant in 2023
ATCO is a global corporation offering diverse services including workforce housing, modular facilities, construction support, energy infrastructure, electricity generation and distribution, natural gas transmission, retail energy sales, and water solutions. Established in 1947, it operates internationally with a headquarters in Calgary, Canada.

Knead Technologies

Pre Seed Round in 2023
Knead Technologies is a technology company that connects food waste with reuse through its logistics software solutions. It operates a platform enabling food organizations to list excess food and distribute it among those in need, combating poverty, reducing waste, and preserving the environment.

VerveAR

Grant in 2022
VerveAR is an augmented reality software company that builds WebAR solutions for e-commerce, delivering scalable virtual try-on, 3D and AR product viewers for online stores. Its platform lets retailers add immersive AR experiences to websites without coding, enabling seamless integration with existing catalogs. VerveAR also offers a studio to create and scale immersive shopping experiences and leverages artificial intelligence and computer vision to support interactive product visualization across various industries.

Digital Alberta

Grant in 2022
Digital Alberta is an industry-led organization devoted to promoting and connecting the thriving digital media community across Alberta, Canada. Through professional development workshops, advocacy work, education, event, and business development activity, Digital Alberta is building the digital media industry provincially and promoting it abroad. The digital media industry is defined as the creative convergence of digital arts, science, technology and business for human expression, communication, social interaction, and education. The industry spans several disciplines, including but not limited to: audio, video, game design, animation, modeling, simulation, and interactive design.

University of Alberta

Grant in 2022
The University of Alberta is a prominent Canadian university, consistently ranked among the top five in Canada and within the top 100 globally. It offers a diverse range of academic opportunities, providing over 200 undergraduate programs and more than 170 graduate programs across various fields of study. The university is home to a vibrant student community, with approximately 400 active student groups that enhance the educational experience. Notably, the Alberta School of Business within the university is recognized as one of the leading institutions for business education and research, contributing to the university's reputation for academic excellence and innovation.

Cybera

Grant in 2022
Cybera is a non-profit organization that promotes economic growth through the use of digital technology. Cybera is in charge of the development and operation of Alberta's cyberinfrastructure, which is a sophisticated network of computers and networks that keeps the government, educators, non-profits, and entrepreneurs at the forefront of technological change. Cybera uses digital technology to foster connections, collaborations, and skill development.

Access Prosperity

Grant in 2022
Access Prosperity is an economic development organization. They offer programs and services that include job creation, financial stability, business development and training, financial education and coaching, and access to capital.

Intrinsic Innovations

Grant in 2022
Intrinsic Innovations enables Canada to maximize global diversification in the innovation space.

Mount Royal University

Grant in 2022
Founded in 1990, Mount Royal University is a Calgary-based institution focused on delivering high-quality, personalized undergraduate education.

European-Canadian Centre for Innovation and Research

Grant in 2022
European-Canadian Centre for Innovation and Research operates as a nonprofit organization. The European-Canadian Centre for Innovation and Research (ECCIR) is an initiative for the development of European-Canadian research and business relations.

Canadian Blockchain Consortium

Grant in 2022
Canadian Blockchain Consortium is founded to unite diverse community of blockchain technology business owners, developers and adopters.

Creative Destruction Lab (CDL)

Grant in 2022
The Creative Destruction Lab (CDL) is a seed-stage acceleration program founded in 2012 at the Rotman School of Management in Toronto, Canada. It is dedicated to supporting massively scalable, science- and technology-based ventures by providing a unique coaching process focused on specific objectives. CDL connects startups with experienced entrepreneurs and leading scientists across various sectors, including artificial intelligence, healthcare, quantum computing, blockchain, energy, and cleantech. The program has expanded its reach, operating in six cities: Vancouver, Calgary, Toronto, Montreal, Halifax, and New York City, and emphasizes the commercialization of scientific and technological advancements.

Startup TNT

Grant in 2022
Startup TNT is an angel investment group founded in 2019 and based in Edmonton, Canada. The organization focuses on improving access to capital for early-stage technology companies by facilitating connections between local startups and angel investors. Startup TNT primarily invests in technology startups located in Alberta, Manitoba, and Saskatoon, aiming to support the growth and development of the entrepreneurial ecosystem in these regions. Through its efforts, the firm plays a significant role in fostering innovation and economic development within the local tech community.

Energy Futures Lab

Grant in 2022
Energy Futures Lab is a multi-disciplinary research developing a sustainable energy company.

Adatra

Pre Seed Round in 2022
Adatra is a trading app that offers commission-free trading as well as short-term insights into market activity and news sentiment.

Alberta IoT

Grant in 2022
Alberta IoT is a non-profit, member-based association that exists to nurture and support the growth of the internet of things and emerging technology sectors. Alberta IoT offers opportunities and guidance to scale up businesses looking to relocate to Alberta through the Start-Up Visa program, as well as relationships to help Alberta-based businesses expand globally. Alberta IoT's goal is to provide meaningful access to capital while encouraging mentorship and access to expertise, ultimately increasing the likelihood of successful IoT and technology ventures in Alberta and beyond.

E3 Lithium

Grant in 2022
E3 Lithium is a lithium resource and technology company based in Alberta, Canada, focused on developing technology for extracting lithium from Alberta brines. It is involved in the Clearwater project and exploration in the Leduc Reservoir, leveraging the mature oil and gas industry to accelerate development.

Syantra

Series A in 2022
Syantra is a precision biotechnology company focused on transforming cancer detection and treatment, with an emphasis on breast cancer. Its flagship Syantra DX Breast Cancer is a blood-based test for early screening that analyzes a panel of gene expression biomarkers from whole blood and employs machine learning to yield a positive or negative result. The company also develops the Onco-ID platform to broaden early cancer detection across multiple cancer types. In addition to breast cancer, its devices offer a blood-based cancer detection assay that uses a novel biomarker set and AI-driven interpretation to support clinicians in diagnosis. The overall aim is to provide healthcare providers with tools for earlier, more accurate detection of cancer.

Memory Anchor

Grant in 2022
Memory Anchor is an AI-enabled cemetery software company. They offer SaaS services to federal level government agencies for the digital preservation of cemeteries, artifacts, vehicles, memorials, and other physical landmarks. Their mobile app platform offers 2x the engagement and retention over traditional 2D content such as paper tours and paper maps.

Wosler Corp.

Grant in 2022
Wosler is a healthcare technology company that is developing emerging technology to deliver high-quality teleradiology and radiology services. It aspires to be an industry leader in advanced diagnostic solution research, development, and implementation. Wosler was established in 2020 and is headquartered in Calgary, Alberta.

Buoyancy Works

Grant in 2021
Buoyancy Works is a technology company that develops platforms to support career transitions. It combines behavioral science and technology to create accessible, personalized, and inclusive tools for job seekers and organizations. The company's platform facilitates real-time interactions and support, empowering coaches and job seekers, and enhancing human connection. This results in improved job search outcomes and more efficient use of resources.

AI Shading

Grant in 2021
AI Shading develops Ai & IoT-enabled technologies to reduce the environmental footprint from homes and buildings.

E3 Lithium

Grant in 2020
E3 Lithium is a lithium resource and technology company based in Alberta, Canada, focused on developing technology for extracting lithium from Alberta brines. It is involved in the Clearwater project and exploration in the Leduc Reservoir, leveraging the mature oil and gas industry to accelerate development.

H2nanO

Grant in 2020
H2nanO develops sustainable water treatment technologies for the resources sector. Founded in 2015, it specializes in low-energy solutions such as floating light-activated catalysts and solar-powered evaporation enhancement.

Bulky

Grant in 2020
Bulky is an online platform designed to facilitate the matching of liquid chemical shippers with tanker truck carriers for bulk freight transport. Founded in 2018 and headquartered in Calgary, Alberta, Bulky emerged from a collaboration between BASF and Trimac to introduce innovative marketplace technologies to the liquid bulk industry. The platform allows shippers and carriers to post their transport needs, enabling real-time location tracking and bid notifications. Bulky has garnered partnerships with major industry players, including the largest chemical company globally and several leading bulk transportation companies in North America. As a freight fulfillment solution, Bulky is increasingly being adopted by various industry leaders to enhance efficiency in the logistics of liquid chemical transportation.

G4 Insights

Grant in 2019
G4 Insights develops and commercializes PyroCatalytic Hydrogenation technology to convert lignocellulosic biomass into green hydrogen and renewable natural gas. This process also enables carbon dioxide removal credits and power-to-gas applications.

Razor Energy

Post in 2019
Razor Energy is a junior oil and gas development and production company based in Calgary, Alberta, specializing in the acquisition and enhancement of oil and gas properties primarily in the region. Founded in 2016, Razor Energy completed a significant acquisition of a legacy light oil asset in the Swan Hills area in early 2017. The company's operations focus on producing light oil from key formations, including Swan Hills, Beaverhill Lake, and the Kaybob Triassic Montney. Led by an experienced management team, Razor Energy aims for long-term growth through both organic initiatives and strategic acquisitions, with an emphasis on efficiency and cost control across its operations.

Maapera Analytics

Grant in 2019
Maapera is an environmental services company that is focused on applying advanced sensing and computer automation technology to soil assessment and clean up operations. Its goal is to help preserve soil as it is the foundation of all human life and thus civilization.

Pursuit Technologies

Grant in 2019
Pursuit Technologies develops innovative diagnostic tools aimed at optimizing production in the oil and gas industry. The company specializes in a mono-conductor array sonic logging tool that evaluates individual stages in horizontal multi-stage wells, providing a quick and cost-effective method for measuring production. Their technology facilitates the identification of stages suitable for re-fracturing, enhances hydraulic fracturing processes, and assists with pressure buildup management. Additionally, Pursuit Technologies focuses on reducing produced water and improving water disposal strategies, thereby enabling companies to enhance efficiency and lower operational costs. The company is also involved in advancing Fiber-to-the-Home (FTTH) network solutions, expanding their technological footprint beyond traditional oil and gas applications.

E3 Lithium

Grant in 2018
E3 Lithium is a lithium resource and technology company based in Alberta, Canada, focused on developing technology for extracting lithium from Alberta brines. It is involved in the Clearwater project and exploration in the Leduc Reservoir, leveraging the mature oil and gas industry to accelerate development.

NanoPrecise Sci Corp

Grant in 2018
NanoPrecise Sci Corp specializes in predictive maintenance solutions for industrial equipment. It offers RotationLF, a hardware-software system that combines physics, material science, and data analytics to diagnose machinery issues and predict remaining time to failure. The solution extracts RPM, vibration, sound, temperature, and humidity data from a single sensor, using AI algorithms for anomaly detection and fault characterization. Serving sectors like petrochemical, utility, manufacturing, oil and gas, mining, and infrastructure, NanoPrecise Sci Corp was founded in 2015 with offices in Edmonton, Canada, and Bangalore, India.

dealcloser

Grant in 2018
Dealcloser is a transaction management platform specifically designed for legal professionals, aimed at enhancing the efficiency of the deal process for corporate lawyers. By facilitating improved communication between lawyers and their clients, Dealcloser modernizes the way transactions are handled, ensuring that each client feels prioritized regardless of the number of ongoing deals. The platform streamlines the transaction workflow, enabling law firms to close deals more effectively and increase overall productivity. Through its focus on client relationships and efficient management, Dealcloser transforms traditional legal practices into a more modern and collaborative experience.

Maapera Analytics

Grant in 2018
Maapera is an environmental services company that is focused on applying advanced sensing and computer automation technology to soil assessment and clean up operations. Its goal is to help preserve soil as it is the foundation of all human life and thus civilization.

SolarSteam

Pre Seed Round in 2018
SolarSteam is a hardtech startup developing renewable solar thermal technology to reduce rising costs and emissions in industrial heat generation. The company develops a modular solar thermal system that delivers scalable, cost-effective heat from renewable energy. Its proprietary, patented technology aims to outperform fossil fuels on cost without subsidies, helping industrial manufacturers and processors cut emissions and lower energy expenses.

Calscan Solutions

Grant in 2017
Calscan Solutions is an instrumentation and control company that manufactures downhole and sub-surface pressure recorders, flow computers, solar powered separator controls, and cyclone separators. The company was founded in 1995 and is headquartered in Medellin, Antioquia.

Ground Effects Environmental Services

Grant in 2017
Ground Effects Environmental Services (GEE), established in 1998 and headquartered in Regina, Saskatchewan, specializes in innovative environmental solutions for various industries, including oil and gas, mining, and industrial sectors. The company has developed over 70 patented in situ remediation technologies, focusing particularly on mobile remediation solutions and electrokinetic technologies. GEE's proprietary electrokinetic platform effectively removes solids and contaminants from fluids, supporting applications such as frac flowback treatment, salt remediation, drill cuttings treatment, and invert drilling mud treatment. Additionally, Ground Effects provides bio-decontamination units designed to eliminate viruses and bacteria from surfaces, positioning itself as a leader in the field of environmental services.

Acceleware

Grant in 2017
Acceleware is a Calgary-based technology company serving the oil and gas industry with two main lines of business: RF heating technology for heavy oil and oil sands production, and seismic imaging software. Its RF XL is a low-cost, low-carbon thermal recovery method that uses no water or solvent, has a small footprint, and is redeployable across sites to help reduce emissions and enable cleaner production; it is being piloted with industry partners. The seismic imaging unit provides high-fidelity software for imaging complex geology, including AxFDTD, AxHeat, AxRTM, AxWAVE, and AxFWI, which model electromagnetic absorption, simulate heating, accelerate migration, and generate subsurface velocity models. The company also offers software-related consulting and training services and pursues partnerships to broaden environmental and economic benefits of its technologies. Acceleware was founded in 2004 and is headquartered in Calgary, Canada.

PurLucid Treatment Solutions

Grant in 2017
PurLucid Treatment Solutions is a North American services company focused on innovative water treatment technologies. It designs and manufactures advanced water and wastewater treatment systems specifically tailored for the heavy oil, mining, forestry, and industrial sectors. The company's proprietary systems excel in hydrocarbon recovery and provide ultra-filtered water, effectively removing water and solids to enhance oil recovery processes. Through its cutting-edge solutions, PurLucid is transforming water treatment practices in various industries.

SewerVUE

Grant in 2017
SewerVUE specializes in advanced underground pipe inspection technology. Its remotely operated Surveyor robot combines CCTV data with ground penetrating radar (GPR) to accurately measure remaining pipe wall thickness.

Fossil Water Corporation

Grant in 2017
Fossil Water has provided design-build, EPCM and consulting services since 2004.They specialize in water, wastewater and waste processing for industrial and municipal clients.They deliver projects up to 50% faster by utilizing their proprietary software, workflow automation and modular designs.

waterStrider Treatment

Grant in 2017
waterStrider treatment removes oil, sulphide, bacteria, metals, and suspended solids from frac water, making it reusable for a fraction of the price of current fresh water use at fracking sites. In doing so, the environmental impact and costs associated with fracking are dramatically reduced.

Mariner Partners

Grant in 2017
Mariner Partners is a global consulting firm specializing in high-value business solutions. It offers expertise in strategy development, product/service creation, customer service enhancement, infrastructure design, and operations optimization.

Forward Water Technologies

Grant in 2017
Forward Water Technologies is a company focused on transforming wastewater remediation through its innovative forward osmosis technology. This proprietary process enables the efficient purification and desalination of water, addressing the challenges associated with wastewater treatment that often leads to costly disposal methods. By breaking the conventional water-energy paradigm, Forward Water Technologies aims to recover water that is typically lost, offering a more sustainable and effective solution for businesses in need of wastewater management.

Agar Corporation

Grant in 2017
Agar Corporation is a leading pioneer of non-nuclear, versatile, multi-phase flow meters used to optimize oil well testing and production. Agar provides innovative solutions for applications such as: heavy oil well testing, waste water treatment, automatic tank dewatering, desalters and gas liquid foam control.

Hifi Engineering

Grant in 2017
HiFi Engineering Inc. specializes in the development of advanced fiber optic sensing systems, hardware, and visualization software designed for downhole and pipeline applications. Founded in 2007 and headquartered in Calgary, Canada, the company offers a range of products, including its HDS MiCro tool for downhole flow monitoring and the HDS MaCro system for permanent pipeline and reservoir monitoring. HiFi Engineering’s systems are tailored for oil and gas service companies in North America, focusing on critical applications such as reservoir monitoring, well integrity assessment, and leak detection. The company’s technology is supported by over 33 patents, showcasing its commitment to innovation in the field. With a team of experienced electrical and software engineers, HiFi Engineering emphasizes the delivery of high-quality data through its cutting-edge sensing technology and software platforms.

PlayEN

Non Equity Assistance in 2017
The PLAY Entertainment Network (PLAYEN for short) is the best way to connect with your friends in experiencing all things happening around you, anywhere in the world! You are the center of your universe! Discover events & destinations around you wherever you are. Great For Travelling! Claim FREE tickets, deals, offers and more for you and a friend with ease! Meet and network with other event goers LIVE at the event while it’s happening! *** More reasons to Play *** - Stay up to date by following all your favourite celebrities, tours and hangout spots, - Discover and interact with world renowned events, - Create events of your own, plan hangouts with close friends, or share events with the entire world, - Traveling? New to the area? No problem, use PLAYEN to explore new cities and find amazing things to do everywhere you go, - Meet and network with other event attendees. Make new friends! - Browse and interact with live event content, - Receive alerts when friends and family arrive at the event, - Save upcoming events & hangouts in the calendar of your personal device, - Filter how you please! Based on location, date, size, friends, and interests, - and many more amazing features.

G4 Insights

Grant in 2017
G4 Insights develops and commercializes PyroCatalytic Hydrogenation technology to convert lignocellulosic biomass into green hydrogen and renewable natural gas. This process also enables carbon dioxide removal credits and power-to-gas applications.

Spartan Spark

Seed Round in 2017
Spartan Spark is a digital marketing agency based in Calgary, Alberta. It offers comprehensive services including SEO, digital advertising, content creation, social media management, and reputation monitoring to enhance clients' online presence and improve return on investment.

Norcada

Grant in 2016
Founded in 2001, Norcada specializes in the development and manufacture of Microelectromechanical Systems (MEMS) devices and mid-infrared distributed feedback (DFB) lasers. Its products include silicon nitride grids for transmission electron microscopy, membrane devices for X-ray microscopy, custom MEMS design services, and near/mid-IR single mode semiconductor DFB lasers for industrial sensing applications.

Metabolomic Technologies

Grant in 2013
Metabolomic Technologies Inc., founded in 2010, specializes in developing metabolomics-based diagnostic tests for gastrointestinal diseases. Its primary focus is on detecting colorectal polyps and cancer, with products like PolypDx™ for adenomatous polyp detection. The company aims to improve early screening processes and enhance patient outcomes.

Steeper Energy

Grant in 2013
Steeper Energy specializes in developing advanced biofuels from low-value biomass like agricultural and forestry residues. Its proprietary Hydrofaction™ process produces renewable fuels that can be used in existing infrastructure, enabling the heavy transport sector to transition to low-carbon fuels.
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