Accelerate Fund III chosen to manage Opportunity Calgary Investment Fund

On November 15, the Opportunity Calgary Investment Fund (OCIF) team announced that they will contribute $6 million to Accelerate Fund III to support early-stage companies and help accelerate the growth of the tech and innovation sector in Calgary. OCIF is a $100 million initiative that was launched by the City of Calgary in 2018 to support […]

World-class tech database launches in Alberta, first of its kind in North America

Start Alberta

The new Start Alberta Deal Flow Platform joins more than 40 other tech startup ecosystem solutions, including the UK, France, Berlin and Amsterdam CALGARY, June 15, 2021 – Three leading organizations in Alberta’s technology industry today announced that the province will be the first location in North America to join a vast network of startup […]

Calgary-based Absorb LMS acquired for US$500 million

Absorb LMS

CALGARY and NEW YORK, April 20, 2021 – Calgary-based Absorb LMS—recognized globally as one of the fastest growing, industry-leading providers of cloud-based learning and performance management software to businesses, higher education, government and non-profit agencies around the world—today announced its acquisition by Welsh, Carson, Anderson & Stowe (WCAS). The investment achieves a greater than US$500 […]

Patrick Lor on his long and winding road to career success

Patrick Lor, 50, is a managing partner of Panache Ventures in Calgary and Montreal. He co-founded iStockphoto and is a former president of Fotolia North America. Every time I go to Vancouver or San Francisco, somewhere warm, there’s a massive desire to not be in Calgary’s -20 weather and snow. But it comes down to […]

Yedlin: Calgary takes big step forward with Platform project

The evolution of Calgary’s innovation ecosystem took an important step forward Tuesday with the unveiling of Platform, a planned new space for innovators, collaborators and entrepreneurs. Platform will occupy two floors of an $80-million, five-storey structure to be built in the East Village. The remaining three levels will function as a parkade for the nearby […]