Talent in Alberta
Flying Fish Partners
Alberta offers the ideal environment to launch or scale a tech company. A young, diverse and educated workforce, great quality of life and a cohesive ecosystem provide businesses with a solid foundation for success.
Alberta’s tech sector is maturing and investors are taking note. For the fifth consecutive year, the province experienced another record-breaking year for venture capital investment in 2022. Four Calgary-based tech companies: Benevity, Solium Capital (now Shareworks by Morgan Stanley), RS Energy Group (now Enverus Intelligence Research Inc.) and Parvus Therapeutics have reached unicorn status.
Alberta is well-positioned to attract global tech firms to scale up their North American footprint while attracting investment into early-stage tech startups. Alberta is home to the second most private equity firms in the country and boasts policies and incentives that mirror the province’s entrepreneurial mindset.
LEADER IN AI RESEARCH AND ADOPTION
Edmonton is one of three hubs at the core of the Government of Canada’s Pan-Canadian AI Strategy, designed to leverage and grow the country’s expertise in artificial intelligence (AI) and machine learning (ML).
The province’s AI ecosystem is supported by the Alberta Machine Intelligence Institute (Amii) which brings together academics and entrepreneurs to advance the adoption of AI. Amii has been critical to attracting the talent, innovation and capital needed to grow Edmonton into a global AI hub.
Alberta’s tech sector is supported by a diverse, highly educated workforce and top universities
50% of Alberta startups have at least one founder who identifies as a visible minority and 4% who identify as Indigenous.
Computer Science Education
The University of Alberta’s computer science program has experienced a 86% increase in enrolment since 2015.
Moving Toward Gender Parity
27% of Alberta tech companies have at least one female-identifying founder — 35% higher than the global average.
Edmonton’s tech ecosystem is deeply intertwined with academic and research institutes. With the top computer science school in the country and a global leading AI institute, Edmonton is one of Canada’s top technology hubs.
Growing Tech Workforce
Edmonton counts 35,400 tech workers and a projected 1.5% annual growth of jobs.
National Research Council of Canada’s Nanotechnology Research Centre is located at the University of Alberta.
Edmonton-based nonprofit that coordinates efforts of researchers, tech innovators and entrepreneurs to develop new technologies.
Calgary is an emerging tech hub. The city is leveraging its technical expertise to solve global challenges with critical mass clustering around its established fintech and healthtech ecosystems.
Affordable Office Space
The most affordable downtown office space of any major Canadian city
Advancing Quantum Technology
The University of Calgary’s Institute for Quantum Science and Technology hosts 15 research groups making advancements in quantum technology.
Leading Digital Transformation
Calgary companies will lead the $20 billion spend on digital transformation in Alberta from 2021 to 2024.
As the most entrepreneurial province in Canada, Alberta connects innovators with capital to turn ideas into reality
Alberta is home to the second most private equity firms in the country.
Private equity invested in Alberta companies since 2013.
Venture capital investments made in Alberta companies since 2013.
Invested by The51 — a Calgary investment platform looking to change the gender disparity in venture capital.
Areas of Focus
Carbon capture, use and storage
Low-carbon hydrogen production
Solvent extraction technology
As a global energy leader, Alberta is leveraging its expertise to accelerate the global transition to a low-carbon economy. The province is a hub for the trillion-dollar cleantech industry.
IoT-based sensor networks
Satellite photography and sensors
Computer vision and spectral analytics
Home to a thriving agricultural sector, innovators collaborate with farmers to increase yields, find efficiencies and promote sustainability through increased connectivity and data.
Cryptocurrency and blockchain
Digital transformation of financial sector
Calgary’s growing fintech sector is comprised of the world’s most prominent finance players intermixed with exciting fintech startups — all supported by a skilled workforce.
AI and Communications Tech
Nanotechnology and micro-electromechanical systems (MEMS)
Artificial intelligence (AI) and machine learning (ML)
Internet of Things (IoT)
Working closely with the AI and IoT sector, Alberta’s emerging robotics industry is developing integrated and responsive systems to improve supply chains, energy, healthcare and manufacturing.
Alberta StoriesSee All Alberta Stories
Jobber named top 5 fastest growing software company in Canada
Based in Edmonton, Jobber has simplified and streamlined home services management through an innovative platform. From managing client relations to invoicing, scheduling and dispatching, Jobber allows small businesses to more effectively engage with customers. The company was named one of the top five fastest-growing software companies by Canadian Business and raised $76 million in funding…Read More
Corporate giving platform Benevity reaches rare unicorn status
Tapping into the growing corporate social responsibility (CSR) movement, Benevity tailors corporate giving programs for corporations and employees. Founded in 2008, Benevity’s fintech solution for philanthropy has grown exponentially. The company now counts over 650 employees in Calgary and works with dozens of Forbes 500 companies, including Visa, Microsoft, and Starbucks. Benevity reached the rare…Read More
Attabotics revolutionizes logistics with robotics
Listed as one of CNBC’s 50 top disruptors in 2020, Attabotics is revolutionizing supply chains and fulfillment centres. Its storage and retrieval systems integrate leading robotics, AI and Internet of Things (IOT) technology to solve complex problems. Attobotics recently raised a total of $82 million in Series C funding and received over $30 million in…Read More
Symends raises largest Series B round in recent Alberta history
Symends has developed a customer engagement platform that leverages behavioral science, data science and advanced analytics. The platform allows businesses to better understand consumer behaviour and empowers customers to resolve past due bills before they reach collections. In 2020, Symend raised $73 million in the largest Series B round in Alberta’s recent history.Read More
Neo Financial raises $50M during unprecedented year of VC inflow
Neo Financial is revolutionizing spending and rewards by leveraging technology and partnering with leading financial institutions. The Calgary-based startup, led by former SkipTheDishes co-founders, is making rewards more accessible to Canadians. In 2020, it raised one of the largest Series A rounds in Western Canada, during an unprecedented year of VC inflow to Alberta startups.Read More