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Varcoe: 'Stay hungry': Investment rises for Calgary tech firms as growing sector matures

calgaryherald
Summary
Nutrition label

74% Informative

Calgary tech companies in the city have raised more than $400 million in the first nine months of the year .

Alberta tech firms slipped back behind their West Coast neighbours during the third quarter .

Alberta -wide numbers fell by 10 per cent to $478 million in venture capital investment.

Calgary has traditionally lagged behind other large Canadian cities in growing the technology sector.

Calgary firm is one of the 10 most promising tech startups being showcased at Innovation Week’s Launch Party event.

Nathan Nasseri , founder and CEO of ResVR , developed his first startup in Edmonton in 2016 and moved to B.C. and then the U.S. before it was acquired.

“I want to prove you can build great technology companies here and do it quickly.”.

VR Score

81

Informative language

84

Neutral language

23

Article tone

formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

8

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