Millions in funding for AI and cleantech

Welcome to this week's Sunday Briefing. In this issue, read about five local leaders driving action on climate change, plus five other stories you've probably missed. Have a great day. We'll see you again on Wednesday.

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Albertans recognized for cleantech leadership

Five Albertans have been named to Canada’s Clean50 list, an annual compilation of leaders taking action on climate change. This year’s list recognized 50 senior and 20 emerging leaders and presented five lifetime achievement awards.

Selected from over 1,000 nominations, Albertan leaders have been recognized as representatives of ”the most effective and progressive organizations taking on climate change from every sector, balancing mitigation with adaptation.”

From Calgary:

• Apoorv Sinha, founder & CEO, Carbon Upcycling Technologies

• Nina Kharey, founder, Folds Wear Inc.

• Darren Jones, co-founder & CEO, MyHEAT Inc.

• Mila Mezei, education program lead, Inside Education Society of Alberta

From Edmonton:

• Calvin Lechelt, program manager, sustainability services, Alberta Municipalities

🗳️ Question of the Week

🤝 Funding, Deals + Partnerships

• GeologicAI raises $10M in additional funding. The Calgary-based company provides resource exploration by developing AI-driven core scanning robots and software. Finsmes

• KPMG in Canada acquires Calgary-based IMagosoft to expand cybersecurity footprint. As cybercrime continues to rise, identity and access management services are becoming imperative at Canadian organizations. KPMG LLP

• BDC Capital deploys seed funding to help reduce greenhouse gas emissions. Calgary emissions-management company Arolytics has raised $3.5 million in seed financing as BDC Capital’s first investment from its $150 million Sustainability Venture Fund. Betakit

📰 Need To Know

• Plug and Play Alberta announces new director and a dedicated office in Edmonton. Director Dawn Newton will focus on Plug and Play’s presence in Edmonton’s growing tech community. Plug and Play Alberta

• Alberta Innovates is looking to enable better health through artificial intelligence. The Enabling Better Health through Artificial Intelligence (AI-Better Health) Program will provide up to $8M to applicants who can explore how breaking down barriers will help realize the benefits of artificial intelligence within Alberta's health system. Alberta Innovates