UCeed Investment Funds

Recently, Hydrogen Alberta member Ayrton Energy, a developer of liquid organic hydrogen carrier (LOHC) technology, secured USD $6.8 million in seed financing to advance its low-cost, scalable approach to safe, efficient delivery of clean hydrogen. The round was led by Clean Energy Ventures and the BDC Canada’s investment arm, BDC Capital, with participation from Antares Ventures, EPS Ventures, SOSV, The51, and UCeed Investment Funds. Ayrton Energy will leverage the financing to scale its proprietary technology, double the size of its team, and expand operations into energy hubs in the U.S. Many congratulations to member Ayrton Energy! To learn more, visit: https://lnkd.in/gC_8NDmg #hydrogen #hydrogenalberta #hydrogennow #hydrogencanada #hydrogenfuel #cleanhydrogen #hydrogeneconomy

Exciting news! Ayrton Energy has secured $6.8M in seed financing, led by Clean Energy Ventures and BDC Capital, to advance our scalable LOHC technology for safe, efficient hydrogen delivery. 🚀 With support from Antares Ventures, EPS Ventures, SOSV, The51, and UCeed Investment Funds, we’re set to scale our technology, double our team, and expand into key U.S. energy hubs. 🌍 See full press release here - https://lnkd.in/gC_8NDmg Big things are on the horizon—stay tuned! #hydrogen #cleantech #LOHC #energytransition

Register for #HealthTechIgnite24 in Vancouver on October 10 and be part of a groundbreaking event focused on shaping the future of healthcare.    HealthTech Ignite is an annual conference where visionary CEOs, founders, deep domain experts, experienced investors and passionate innovators will share their expertise on the art of building and scaling cutting-edge healthtech companies during a packed agenda and be available at various networking opportunities throughout the day. 📌 Want to attend? Use code UCEED25 for 25% off registration and be a part of the community fuelling healthcare innovation! https://lnkd.in/gAstnVUy    #HealthTechIgnite #PenderVentures

The #UCeed Cenovus Equity, Diversity, Inclusion (EDI) Accelerator is excited to be partnering with the Toast Summit for the 2nd Annual Women in Tech Summit—a full-day event dedicated to uplifting and empowering women in the tech industry. This summit celebrates achievements, shares knowledge, and provides a supportive environment where underrepresented founders can connect, learn, and grow. As champions of underrepresented, underestimated, and unusual suspect founders, the UCeed Cenovus EDI Accelerator is thrilled to offer the final 12 tickets to this transformative Summit. We want these tickets to go to startups that are not only meaningful but also led by founders who deserve a boost at the Toast Summit. If you believe this opportunity aligns with your journey, we invite you to answer these three quick questions: 1. How will attending this conference support your venture's growth? 2. What key insights or connections are you hoping to gain from this event? 3. How would a Toast Summit ticket help you access this opportunity? Email your responses to respiritu@innovatecalgary.com, and let's make sure these tickets go to those who will benefit most from this empowering experience! #WomenInTech #Empowerment #TechSummit #InclusiveGrowth #UCeedCenovusEDIAcc #SupportUnderrepresentedFounders

Day 2 of #Inventures2024 was a thrilling experience, with the venue buzzing with energy and excitement. One of the highlights was an engaging interview with #Ameca, an AI-powered robot, in the main exhibition hall. Our colleague, Peter Santosham, was a featured speaker on a panel titled "Valuations Unveiled: Navigating the Numbers." This insightful panel discussed the critical concept of valuation, essential for founders seeking investor funds. Attendees gained valuable insights into how valuations are calculated and how to leverage them effectively during negotiations with investors. The session was incredibly popular, with a standing-room-only crowd eager to learn about this crucial aspect of fundraising. Peter was joined by an impressive lineup of panelists, including: - Kristina Milke, General Partner at Sprout Fund - Lise Birikundavyi, CFA, Managing Partner at BKR Capital - Kimberley Nixon, Investor at Open Venture Capital We extend our thanks to the panel for delivering an outstanding session on such an important topic for founders, entrepreneurs, and innovators. We eagerly anticipate the exciting sessions and discussions in the days ahead.

The UCeed Child Health and Wellness Fund at #UCalgary is creating opportunities for innovators in the child and maternal health space https://bit.ly/4acRfKb

Learn more about Sequence2Script Inc., part of the UCeed Child Health and Wellness Fund portfolio.

Exciting news from the healthcare sector! Dr. Caley Shukalek, alongside University of Calgary alumni Dr. Husein Moloo and Pete MacLeod, is leading the charge in revolutionizing virtual healthcare with PurposeMed. Their mission? To ensure specialized care reaches underserved communities. Supported by UCeed Health Fund, PurposeMed is leveraging early-stage startup investment to make a real impact. "In that startup phase of any company, money matters. So, having that seed funding from UCeed and Innovate Calgary was so instrumental to us being able to start and grow to a size where we can make our own revenues," says Dr. Shukalek, Chief Medical Officer, adding that the initial funding from UCeed Investment Funds led to more support and funds from Alberta Innovates and Prairies Economic Development Canada. Through the support of #UCalgary’s #UCeed, #CDL and other programs, PurposeMed is rapidly expanding its reach across Canada and into the United States. Congratulations to PurposeMed for their innovation and impact in helping to shape the future of healthcare! Full a complete story of PurposeMed, including a video profile, please follow the link:

I got the absolute best news today on a Friday and I have to brag about it! My Haskayne mentee Abel Amenu accepted a Fund Associate position within the UCeed Haskayne Student Fund. Over the next 2 years, Abel will get real world experience investing in start-up companies alongside experienced angel and seed fund investors. He’ll also get coaching by the UCeed Program and CDL-Rockies What a fantastic opportunity for a 2nd year Finance student. The best thing: this was 💯 all him. I’m ecstatic for Abel 👏👏 #Youth #Talent #Calgary Colleen Pound, MBA, ICD.D

Two UCeed portfolio companies selected for Google for Startups Accelerator. Congratulations to SkyAcres Agrotechnologies Inc. and Nimble Science for being shortlisted for this program. Only 14 companies were selected for this intake, two were from Canada and two are UCeed portfolio companies. Now that's exciting!!