Millions in funding for AI and cleantech
Plus, KPMG acquires Calgary company.
Welcome to this week's Sunday Briefing. In this issue, read about five local leaders driving action on climate change, plus five other stories you've probably missed. Have a great day. We'll see you again on Wednesday.
Five Albertans have been named to Canada’s Clean50 list, an annual compilation of leaders taking action on climate change. This year’s list recognized 50 senior and 20 emerging leaders and presented five lifetime achievement awards.
Selected from over 1,000 nominations, Albertan leaders have been recognized as representatives of ”the most effective and progressive organizations taking on climate change from every sector, balancing mitigation with adaptation.”
🗳️ Question of the Week
Does Alberta's cleantech sector stand out from the crowd?
Tell us where you see the industry's strengths – or weaknesses.
🤝 Funding, Deals + Partnerships
GeologicAI raises $10M in additional funding. The Calgary-based company provides resource exploration by developing AI-driven core scanning robots and software. Finsmes
KPMG in Canada acquires Calgary-based IMagosoft to expand cybersecurity footprint. As cybercrime continues to rise, identity and access management services are becoming imperative at Canadian organizations. KPMG LLP
BDC Capital deploys seed funding to help reduce greenhouse gas emissions. Calgary emissions-management company Arolytics has raised $3.5 million in seed financing as BDC Capital’s first investment from its $150 million Sustainability Venture Fund. Betakit
📰 Need To Know
Plug and Play Alberta announces new director and a dedicated office in Edmonton. Director Dawn Newton will focus on Plug and Play’s presence in Edmonton’s growing tech community. Plug and Play Alberta
Alberta Innovates is looking to enable better health through artificial intelligence. The Enabling Better Health through Artificial Intelligence (AI-Better Health) Program will provide up to $8M to applicants who can explore how breaking down barriers will help realize the benefits of artificial intelligence within Alberta's health system. Alberta Innovates
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