# Alberta Innovates

> Alberta Innovates is a VC fund in Edmonton backing Energy and Oil and Gas. See 93 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Edmonton, Canada
- Total investments: 93
- Last investment: Apr 2026
- Lead investor: 62%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/alberta-innovates/
- X (Twitter): https://twitter.com/abinnovates
- Website: http://albertainnovates.ca
- Facebook: https://www.facebook.com/AlbertaInnovates/

Alberta Innovates is a VC fund in Edmonton focused on Energy and Oil and Gas. The Alberta government has created new organizations that are building on Alberta's strengths in the health, energy and environment, technology and bio sectors.

## Contacts

5 contacts available for Alberta Innovates. Shizune tracks 5 team members at Alberta Innovates. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/alberta-innovates-e699?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $512k–$10M |
| Grant | $36k–$2.8M |
| Pre-Seed | $43k–$779k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 20 | 22% |
| Oil and Gas | 16 | 17% |
| CleanTech | 9 | 10% |
| Software | 8 | 9% |
| Renewable Energy | 8 | 9% |

126 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 75 | 81% |
| Seed | 3 | 3% |
| Pre-Seed | 3 | 3% |
| Series A | 1 | 1% |
| Funding Round | 1 | 1% |

7 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 72 | 77% |
| United States | 7 | 8% |
| Singapore | 1 | 1% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Claude Ghazar | Director | 0 | https://shizune.co/investors/profile/claude-ghazar-e863 |
| Cornelia Kreplin | Executive Director | 0 | https://shizune.co/investors/profile/cornelia-kreplin |
| Dana Paniccia | Director, Capital Access & Major Transactions | 0 | https://shizune.co/investors/profile/dana-paniccia |
| Laura Kilcrease | Chief Executive Officer | 22 | https://shizune.co/investors/profile/laura-kilcrease |
| Terry Rock | Senior Vice President of Operations and Chief Operating Officer | 0 | https://shizune.co/investors/profile/terry-rock-d7e0 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Serenity Power | Serenity Power is a developer of solid oxide fuel cell systems delivering low-emission, noise-free, multi-fuel clean energy for industries. | $219.9K | Grant | Apr 20, 2026 |  |
| Marvel Biosciences | Marvel Biosciences is a biotech company that provides discovery and the development of a synthetic derivative compound of a known proven drug. Their development of compounds for cancer. They serve medical needs. | $431.7K | Grant | Mar 30, 2026 |  |
| Prévoir | Prévoir operates as an intelligent planning system built specifically for fashion merchandisers. | $35.9K | Grant | Jan 09, 2026 |  |
| Aeternum | Aeternum is a secure, private digital platform built for families to preserve, share, and inherit memories, stories, and personal legacies across generations. It allows users to create ad-free family trees, capture photos and videos paired with stories and voice reflections, and designate loved ones as inheritors of these digital legacies. | $50K | Grant | Oct 22, 2025 |  |
| Cache Power | Cache Power Corp. is a wholly owned subsidiary of Federation Group Inc., a medium-sized EPC (engineering, procurement, and construction) company. Cache Power is focused on advanced energy storage solutions, specifically developing the Marguerite Lake Compressed Air Energy Storage (CAES) and Hydrogen Hub Project near La Corey, Alberta. | $2M | Grant | Apr 23, 2025 |  |
| PrePad | PrePad provides advanced software solutions for optimizing capital lifecycle management, execution tactics, and asset development in the oil and gas drilling and completion industries. |  | Grant | Apr 10, 2025 |  |
| PlasCred Circular Innovations | PlasCred is accelerating the progress towards a climate-positive future for Earth with innovative and revolutionary technology transforming the way the world handles waste plastic and plastic recycling. | $350.8K | Grant | Apr 08, 2025 |  |
| Syantra | Syantra is a precision biotechnology company that transforms cancer detection and treatment. The company is initially targeting breast cancer detection and treatment, highlighting its commitment to combatting this prevalent disease. Syantra''s flagship product, Syantra DX™ Breast Cancer, is a blood test designed for early breast cancerscreening. This test measures a panel of gene expression biomarkers from whole blood and utilizes machine learning algorithms to interpret the data, providing a positive or negative result. Clinical studies have demonstrated high inferred accuracy for women under 50 and overall. Syantra's Onco-ID™ platform aims to expand early cancer detection capabilities across multiple cancer types. |  | Grant | Feb 26, 2025 |  |
| FireSafe AI | FireSafe AI is a hardware-led AI company based in Edmonton, Alberta, building advanced wildfire detection and risk management systems. Our platform combines AI-powered risk analytics, camera-based mobile monitoring units, drone surveillance, and real-time dashboards to help governments, industries, and communities detect wildfires early and actfast.Founded in 2023, FireSafe AI is addressing the global rise in wildfire events with a two-part solution: predictive risk intelligence and real-time fire detection. We’ve launched pilots in high-risk regions of Western Canada, including the MD of Bighorn near Calgary, and secured a strategic U.S. partnership with RescAlert Inc. to expand into California, Texas, and the Appalachian states.Graduates of Cohort 6 of the Community Safety & Wellness Accelerator powered by AlchemistX, FireSafe AI has already built over $1M in early deal flow and is now raising a $3M USD seed round to scale its go-to-market and product development.We exist to empower communities with smarter, faster wildfire intelligence—because every second counts. | $29.6K | Non-equity Assistance | Sep 30, 2024 |  |
| Scaffold | Scaffold provides training in the art of building the gaming business. | $1.5M | Grant | Jun 25, 2024 |  |

10 of 93 investments shown.

## Co-investors
- [Emissions Reduction Alberta (ERA)](https://shizune.co/investors/profile/emissions-reduction-alberta-era) — VC Fund, 12 deals together
- [Sustainable Development Technology Canada](https://shizune.co/investors/profile/sustainable-development-technologycanada) — VC Fund, 10 deals together
- [Prairies Economic Development Canada](https://shizune.co/investors/profile/prairies-economic-development-canada) — VC Fund, 4 deals together
- [Government of Alberta](https://shizune.co/investors/profile/government-of-alberta) — VC Fund, 3 deals together
- [National Research Council of Canada Industrial Research Assistance Program](https://shizune.co/investors/profile/national-research-council-of-canada-industrial-research-assistance-program) — VC Fund, 3 deals together
- [Natural Resources Canada](https://shizune.co/investors/profile/natural-resources-canada) — VC Fund, 3 deals together

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
- [Breakthrough Energy Ventures](https://shizune.co/investors/profile/breakthrough-energy-ventures) — VC Fund

### Similar stage
- [Scottish Enterprise](https://shizune.co/investors/profile/scottish-enterprise) — VC Fund
- [Foundation for Innovation and Technology (FIT)](https://shizune.co/investors/profile/foundation-pour-l-innovation-technologique) — VC Fund
- [Business Finland](https://shizune.co/investors/profile/tekes) — VC Fund

### Similar country
- [BDC Venture Capital](https://shizune.co/investors/profile/bdc-venture-capital) — VC Fund
- [Real Ventures](https://shizune.co/investors/profile/real-ventures) — VC Fund
- [Anges Quebec](https://shizune.co/investors/profile/anges-quebec) — VC Fund

## Featured in investor lists
- [Energy VC Funds in Canada](https://shizune.co/investors/energy-vc-funds-canada)
- [Sustainability VC Funds in Canada](https://shizune.co/investors/sustainability-vc-funds-canada)
- [Impact VC Funds in Canada](https://shizune.co/investors/impact-vc-funds-canada)
- [Energy Investors in Canada](https://shizune.co/investors/energy-investors-canada)
- [Sustainability Investors in Canada](https://shizune.co/investors/sustainability-investors-canada)
- [Impact Investors in Canada](https://shizune.co/investors/impact-investors-canada)

## FAQ

### What does Alberta Innovates invest in?

Alberta Innovates invests primarily in Energy, Oil and Gas and CleanTech startups, most often at Grant and Seed stage. Most of the 93 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Alberta Innovates's check size?

Alberta Innovates typically joins rounds of $512k–$10M at Seed, $36k–$2.8M at Grant and $43k–$779k at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Alberta Innovates participates in.

### How do I contact Alberta Innovates?

Public channels for Alberta Innovates include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Alberta Innovates?

The team at Alberta Innovates includes Claude Ghazar (Director), Cornelia Kreplin (Executive Director) and Dana Paniccia (Director, Capital Access & Major Transactions). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co