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Funding & Deals

News and analysis on the latest raises, acquisitions, and business moves.

Funding & Deals

OraQ embeds AI into Medit's dental scanners

Nov 12, 2025

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3 min read

OraQ embeds AI into Medit's dental scanners

The Calgary company is building distribution momentum after raising $4M earlier this year.

Emily Edwards
Emily Edwards

Funding & Deals

Carbon Upcycling raises US$18M

Jun 19, 2025

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3 min read

Carbon Upcycling raises US$18M

Calgary cleantech company advances carbon capture technology with Builders Vision-led funding round

Emily Edwards
Emily Edwards

Funding & Deals

Calgary's Eavor secures $138M to boost geothermal innovation

Jun 8, 2025

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6 min read

Calgary's Eavor secures $138M to boost geothermal innovation

A $2 billion investment in ag and food innovation.

Emily Edwards
Emily Edwards

Funding & Deals

Zayzoon, Carbon Upcycling tap into $3.5M OCIF Express program

May 13, 2025

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3 min read

Zayzoon, Carbon Upcycling tap into $3.5M OCIF Express program

New fund aims to fast-track hiring, training, and innovation for SMEs in Calgary

Emily Edwards
Emily Edwards

Funding & Deals

+1

LOI Venture is looking to invest in early-stage Calgary startups

Nov 28, 2024

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5 min read

LOI Venture is looking to invest in early-stage Calgary startups

Founded by Hootsuite’s Ryan Holmes and angel investor Manny Padda, the firm shares its funding criteria.

Lisa Tanh
Lisa Tanh

Funding & Deals

Eavor raises $182M in financing for its geothermal energy system

Oct 25, 2023

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3 min read

Eavor raises $182M in financing for its geothermal energy system

The federal government committed $90 million of the funds.

CTJ Staff
CTJ Staff

Funding & Deals

Fillip Fleet earns $5M in seed round

Oct 12, 2023

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2 min read

Fillip Fleet earns $5M in seed round

Calgary company sees 300 percent year-over-year growth in processing volume.

Emily Edwards
Emily Edwards

Funding & Deals

ZayZoon earns $46M in Series B financing for its wages-on-demand platform

Sep 19, 2023

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3 min read

ZayZoon earns $46M in Series B financing for its wages-on-demand platform

Over the past year, the Calgary-based company has seen 400% year-over-year growth.

Funding & Deals

Carbon Upcycling raises $34M Series A led by BDC Capital and Climate Investment

Jul 31, 2023

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3 min read

Carbon Upcycling raises $34M Series A led by BDC Capital and Climate Investment

The funding will be used to deploy multiple commercial projects in Canada and the UK.

CTJ Staff
CTJ Staff

Funding & Deals

+1

Calgary Chamber and Startup TNT partner to elevate Calgary’s tech ecosystem

May 14, 2023

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5 min read

Calgary Chamber and Startup TNT partner to elevate Calgary’s tech ecosystem

Plus, 11 other stories you may have missed.

CTJ Staff
CTJ Staff

Funding & Deals

+1

AB startups raised $225.5M in Q1

May 10, 2023

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4 min read

AB startups raised $225.5M in Q1

Guess who raised the biggest round?

Funding & Deals

$1.2M grant to help reduce barriers to tech-related roles

Apr 12, 2023

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5 min read

$1.2M grant to help reduce barriers to tech-related roles

Non-profit technical learning organization InceptionU is expanding its offerings to include tech-adjacent career paths.

CTJ Staff
CTJ Staff

Funding & Deals

Nimble Science closes $2M USD seed round

Apr 5, 2023

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3 min read

Nimble Science closes $2M USD seed round

Funds will be used to advance SIMBA GI Health diagnostic test platform.

Mario Toneguzzi
Mario Toneguzzi

Funding & Deals

Amii receives $30M from Alberta Innovates to accelerate AI talent and solutions

Mar 26, 2023

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5 min read

Amii receives $30M from Alberta Innovates to accelerate AI talent and solutions

Plus, 10 other things you need to know.

CTJ Staff
CTJ Staff

Funding & Deals

Mercator AI raises $3.75M seed round for construction intelligence platform

Mar 21, 2023

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4 min read

Mercator AI raises $3.75M seed round for construction intelligence platform

The funds will help the company accelerate its expansion into US and Canadian markets.

Mario Toneguzzi
Mario Toneguzzi

Funding & Deals

Sprout nets $2.5M investment from AEC

Mar 14, 2023

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3 min read

Sprout nets $2.5M investment from AEC

Alberta company’s $14 million second fund will provide seed capital to B2B software startups

Mario Toneguzzi
Mario Toneguzzi

Funding & Deals

AEC invests $7.5M to help Alberta tech startups access US capital and markets

Mar 10, 2023

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3 min read

AEC invests $7.5M to help Alberta tech startups access US capital and markets

New York-based Alpaca VC targeting $75M for its third fund.

Mario Toneguzzi
Mario Toneguzzi

Funding & Deals

+1

The Alberta budget's tech, talent and digital media highlights

Mar 2, 2023

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3 min read

The Alberta budget's tech, talent and digital media highlights

The 2023 budget includes millions to develop talent in high-demand areas, including technology.

Mario Toneguzzi
Mario Toneguzzi

Funding & Deals

+1

IrisCX raises $4.6 million seed round

Feb 26, 2023

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5 min read

IrisCX raises $4.6 million seed round

Plus, 11 other stories you may have missed.

Funding & Deals

Alberta and Calgary attract record amount of funding in 2022

Feb 22, 2023

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3 min read

Alberta and Calgary attract record amount of funding in 2022

The province attracted $729 million across 85 deals.

Mario Toneguzzi
Mario Toneguzzi

Funding & Deals

+2

Clinify secures $2M from Thin Air Labs and other investors

Feb 15, 2023

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5 min read

Clinify secures $2M from Thin Air Labs and other investors

Welcome to the Midweek Memo.

CTJ Staff
CTJ Staff

Funding & Deals

10 companies split $58M in funding for innovative sustainability projects

Feb 14, 2023

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5 min read

10 companies split $58M in funding for innovative sustainability projects

The investments are part of Alberta’s Circular Economy Challenge.

Mario Toneguzzi
Mario Toneguzzi

Funding & Deals

Alberta Enterprise Corp. invests $10M into Evok Innovation Fund II

Feb 9, 2023

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4 min read

Alberta Enterprise Corp. invests $10M into Evok Innovation Fund II

The fund's first investment was USD$50 million into Calgary-based Summit Nanotech.

Mario Toneguzzi
Mario Toneguzzi

Funding & Deals

Edmonton-based Jobber raises $100M on the heels of massive growth

Feb 8, 2023

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3 min read

Edmonton-based Jobber raises $100M on the heels of massive growth

The company has close to 600 employees across.

Mario Toneguzzi
Mario Toneguzzi

Funding & Deals

+1

‘Now is the time to double down’: Inside Amii and U of A’s $30M bet on AI

Feb 2, 2023

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6 min read

‘Now is the time to double down’: Inside Amii and U of A’s $30M bet on AI

New research funding aims to accelerate the development of Alberta’s AI ecosystem.

Mario Toneguzzi
Mario Toneguzzi
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