Export Development Canada

Export Development Canada is an export credit agency established in 1944 and headquartered in Ottawa, Canada. Its primary mission is to assist Canadian companies, both large and small, in expanding their operations internationally. The agency provides a range of credit services, which include loans and financial support, to facilitate global trade. The majority of its investment portfolio comprises loans receivable, along with significant holdings in cash and marketable securities. Through these services, Export Development Canada plays a vital role in enhancing the competitiveness of Canadian businesses in the global marketplace.

Erik Brien-Wright

Investment Manager

Carl Burlock

Executive Vice President and Chief Business Officer

Ken Kember

Senior Vice President and Chief Financial Officer

Mairead Lavery

President and Chief Executive Officer

Michael Machabee

Managing Partner, EDC Investments

Isabela Murillo

Senior Associate

Jacqueline Ovens

Managing Partner

Marc Andre Seguin

Director, Global Accounts

Gabriel Sirois

Investment Manager

Past deals in Alberta

CleanO2

Seed Round in 2022
CleanO2 Carbon Capture Technologies is set to change the heating industry. In 2007, the founders of CleanO2 CCT began developing technology that would have a positive impact in the industry. Now, 9 years later, the company have deployed the residential carbon capture device in Alberta, Canada and have expanded the technology on a global scale. The company has developed an aggregated commercial carbon capture device called CARBiNX, a sleek, carbon munching addition to businesses. Reducing energy demands through heat recovery and using the carbon capture process to create a valuable by-product. CleanO2 Carbon Capture Technologies was founded on 2013 and is headquartered in Calgary, Alberta, Canada.

Partake Brewing

Series B in 2022
Partake Brewing is the craft non-alcoholic beer brand that focuses on flavor, health, socializing, and inclusivity for people who choose not to drink alcohol whether as a need or increasingly as a lifestyle choice.

SAM

Series A in 2021
SAM turns unstructured social media into actionable insight and awareness. It also operates a social media management platform for newsrooms. The company allows newsrooms to curate, collaborate, search, annotate, verify, and process around social content, as well as publish and tell stories with social content. When the unexpected occurs, every second count - millions of dollars are often lost in just the first few minutes after an emergency. Having accurate and relevant data on the location and impact of an emergency event as it unfolds is of paramount importance to those in corporate security, public safety, and emergency response. However, obtaining this information using traditional news media and data analysts is expensive, slow, and prone to error. SAM Inc. has developed a novel tool which utilizes artificial intelligence (AI) to detect the location of emergency events based on social media chatter. Their proprietary algorithm scans millions of social media posts to detect events such as fire, flooding, tornado, or terrorist attacks, at their earliest stages based on unstructured social media chatter. Following the detection of an event, we use AI and Natural Language Processing (NLP) to verify the source and triangulate location. This information is then provided to decision-makers so they can take appropriate action quickly and monitor the situation as it unfolds in time and space, minimizing the impact on business operations and risk to personnel. When the unexpected happens, every second counts and SAM provides minutes. SAM was founded in 2013 and is headquartered in Edmonton, AB, Canada.

Partake Brewing

Series A in 2020
Partake Brewing is the craft non-alcoholic beer brand that focuses on flavor, health, socializing, and inclusivity for people who choose not to drink alcohol whether as a need or increasingly as a lifestyle choice.

SensorUp

Series A in 2020
SensorUp Inc. is a Calgary-based company established in 2011 that specializes in developing and operating an Internet of Things (IoT) platform. The company provides solutions for sensor data, analytics, and mapping through a unified API, enabling the interconnection of IoT devices, data, and applications over the web. The SensorUp IoT Software Platform facilitates integration with the SensorUp Cloud, allowing devices to communicate with one another and with third-party web applications. Among its offerings is the Smart Cities Starter Kit, designed for air quality monitoring. SensorUp aims to empower users by enabling intelligent automation and enhancing safety and productivity in various sectors.

Decisive Farming

Series B in 2019
Decisive Farming Corp. specializes in providing information technology solutions tailored for the farming industry in Western Canada. Founded in 2011 and headquartered in Irricana, the company offers a range of services that include Optimize-RX, a variable rate technology and precision agronomy tool for fertility, seeding, fungicide, and top dressing applications. Its offerings also encompass Sure-Check for soil testing, Know-Risk for farm management and crop marketing, and My Farm Manager, which integrates farm information related to precision agronomy and risk management. Decisive Farming aids clients in making informed decisions regarding precision agronomics, soil fertility, crop marketing, data management, and carbon credits. As of late 2019, the company operates as a subsidiary of TELUS Corporation.

Decisive Farming

Series A in 2016
Decisive Farming Corp. specializes in providing information technology solutions tailored for the farming industry in Western Canada. Founded in 2011 and headquartered in Irricana, the company offers a range of services that include Optimize-RX, a variable rate technology and precision agronomy tool for fertility, seeding, fungicide, and top dressing applications. Its offerings also encompass Sure-Check for soil testing, Know-Risk for farm management and crop marketing, and My Farm Manager, which integrates farm information related to precision agronomy and risk management. Decisive Farming aids clients in making informed decisions regarding precision agronomics, soil fertility, crop marketing, data management, and carbon credits. As of late 2019, the company operates as a subsidiary of TELUS Corporation.

Markwater Handling Systems

Seed Round in 2014
Markwater is a proprietary drilling technology products company focused on increasing the safety and efficiency, reducing the cost and lowering the environmental impact of horizontal drilling. The company seeks to capitalize on the immense opportunity presented by the rapidly expanding horizontal drilling market by building out a platform of specialized and proprietary rig products through organic growth and strategic acquisitions.

IntelliView Technologies

Venture Round in 2014
IntelliView Technologies Inc. specializes in designing and developing video analysis and processing solutions tailored for various industries. The company offers a range of products, including SmartDVR, a digital video recorder, SmrtFENCE for perimeter security, SmrtCOUNT for counting people and vehicles, SmrtALPR for automatic license plate recognition, and SmrtFLEET for fleet management and asset tracking. IntelliView serves multiple sectors, including oil and gas, construction, transportation, financial services, healthcare, retail, and government. The company's mission focuses on enhancing safety and security by providing decision-makers with real-time video access and notifications regarding critical events. Established in 2003, IntelliView Technologies is headquartered in Calgary, Canada, and collaborates with prominent technology partners to further its innovative solutions.

HPC Energy Services

Venture Round in 2013
HPC Energy Services, based in Calgary, Canada, specializes in horizontal drilling technologies. The company provides integrated oil and gas services that are designed to adapt to the evolving demands of the drilling industry. By offering a range of tools and solutions that enhance efficiency from the drilling rig to the drill bit, HPC Energy Services aims to support its customers in optimizing their operations.

DIRTT Environmental Solutions

Venture Round in 2011
DIRTT — Doing It Right This Time — creates customizable, sustainable architectural interiors. At DIRTT’s core is a set of robust interface elements that support reconfiguration, extreme levels of customization, and distributed manufacturing. DIRTT’s solutions include DIRTT Walls, DIRTT Millwork, DIRTT Power and DIRTT Networks, along with cutting-edge ICE® technology, and ICEberg®, a powerful modular vs. traditional construction cost-comparison tool.