The tech company drawing talent to Cochrane

Plus, tech workers have mixed opinions on International Women's day.

Welcome to this week's Sunday Briefing. In this issue, learn about how a market research platform came out on top at the DMZ’s Women Innovation Summit, and what earned Calgary’s Knead Technologies first place in its category at the 2025 SXSW pitch competition.

Have a great day. We'll see you again on Wednesday.

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🗳️ Question of the Week

Did you celebrate International Women's Day?

Read on to learn what some tech workers are thinking.

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Garmin attracts engineers to its Canadian office in Cochrane

In 1998, four engineers in Cochrane, Alberta — a large town of 32,000, nestled midway between Calgary and the Rockies — put their heads together to revolutionize the sport and fitness industry. It was a big dream. Global players like Nike were on a meteoric rise, tech like heart rate monitors had been in operation since the 1980s, and the explosion of the health and fitness industry that began in the 1970s continued to mature.

The four focused on their own niche in the market: a small, accelerometer-based, shoe-mounted sensor that accurately measured speed and distance. In order to view this information in real time, the founders invented an ultra-low-power wireless protocol that became known as ANT+, a standard of interoperability embraced by the sport and fitness industry for decades. They named the company Dynastream Innovations.

Eight years later, the startup caught the attention of Garmin: a company founded in the U.S. in 1989, which first focused on GPS navigation products for aviation. After conquering the skies, as well as the marine and automotive industries, Garmin closed in on the fitness market, and Dynastream seemed like a natural fit. In 2006, the Cochrane company was acquired by the U.S. darling, expanding Garmin’s research and development activities on fitness, outdoor, and wireless products. After nearly 12 years of operating as a wholly owned subsidiary of Garmin, Dynastream Innovations became Garmin Canada in July 2018, and the Cochrane location became the global company’s official Canadian headquarters.

Through a steady stream of  investment from Garmin, the Cochrane team has grown to nearly 250 employees. Just over 200 of those team members are full-time, in highly skilled STEM positions — and more than a few of them have chosen to move to the office from neighbouring provinces, which mirrors the brain-drain rushing into Alberta’s tech scene. 

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🤝 Funding, Deals, and Partnerships

  • Calgary’s Cashew secures top investment at Women Innovation Summit. Now in its third year, the Women Innovation Summit has grown into a key platform for advancing female-led startups. Calgary.Tech

  • Zenbase partners with Cogir Real Estate to empower Ontario residents with credit-building and flexible payments. Zenbase’s CreditBuilder and RentHistory solution provides residents with an opportunity to leverage their rent payments as a means to build their credit history. Zenbase

  • Calgary’s Knead wins SXSW pitch for tackling food waste. The company, which connects food waste with food reuse, impressed judges with its innovative approach to addressing global food insecurity. Calgary.Tech

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📰 Need To Know

  • Tech workers skip Women's Day events to avoid giving false sense of progress. When International Women’s Day arrives on Saturday, Christa Hill won't be at any of the many celebrations marking the occasion. The Canadian Press

  • From all walks of life: The entrepreneurial spirit in Calgary. Calgary’s startup ecosystem is proving this truth every day, fostering a new wave of founders who are pushing boundaries and solving global challenges. Calgary Economic Development

  • Innovate Calgary launches global innovation challenge to improve air travel. The initiative invites startups, small-, and medium-sized enterprises to propose innovative solutions across booking, baggage handling, and other aspects of air travel. Calgary.Tech

  • How Calgary’s agribusiness sector embraces innovation to navigate economic uncertainty. As the world prepares to produce 60 percent more food by 2050 to feed a growing population, local organizations are thinking decades ahead to meet this demand. Calgary Economic Development

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