UCalgary named Canada's top startup creator for third time
Plus, a new fund emerges to power the energy transition.
Welcome to this week's Sunday Briefing. In this issue, read about Alberta’s top startups, plus 7 other stories you've probably missed. Have a great day. We'll see you again on Wednesday.
Four Alberta companies were named to LinkedIn’s Top Startups list for 2023. It’s another sign that Alberta’s tech star is shining brightly amidst a precarious global economic environment.
The Alberta startups recognized are Neo Financial (#1), AltaML (#7), Purpose Med (#8), and Summit Nanotech (#12). Neo Financial is the only returning company to the list. It was also ranked #1 last year.
According to LinkedIn, the companies chosen this year “have trailblazed their way through recent economic and workplace challenges — and managed to stand out to investors and top talent along the way.”
🗳️ Question of the Week
Were these top startups on your radar?
Tell us who's missing from LinkedIn’s list. Reply to this email to let us know.
🤝 Funding, Deals + Partnerships
Avatar Ventures announces first close of $2.5MM for its inaugural leadership fund 1. The fund – targeted at $3 million – will provide early-stage risk capital to emerging energy transition technologies developed through Avatar's groundbreaking three-stage platform, The Avatar Program. Avatar Innovations
📰 Need To Know
UCalgary is Canada’s No. 1 research startup creator for 3rd year running. 2022 rankings from Association of University Technology Managers put the university on top again. University of Calgary
New app uses AI to help Calgary medical students practice interacting with patients. A Calgary medical student has developed an app that allows future doctors to work on their diagnostic and communication skills before they set up their practices. CTV News
Calgary plant the ‘brains’ behind new innovation for more cost efficient EVs. Exro Technologies is out with a new inverter it hopes will help drive savings for EV users. Global News
Edmonton Unlimited releases its list of top Edmonton startups to watch through 2024. The companies will compete for a $10,000 prize. Edmonton Unlimited
Skip the checkout lines with Amazon technology at Calgary's Saddledome. Calgary Sports and Entertainment says one of its stores has been outfitted with Amazon's Just Walk Out technology. CTV News
LinkedIn Top Startups 2023: Here’s the full list of 15 Canadian companies on the rise. The annual LinkedIn Top Startups list is a testament to that spirit of innovation, featuring 15 young Canadian companies that are growing fast and gaining attention. LinkedIn News
💡 POV: Ideas and Insights
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