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Innovate Calgary, VC Fund

Innovate Calgary

VC Fund

Calgary, Canada

Innovate Calgary is a VC fund in Calgary focused on Health Care and Medical. Innovate Calgary is where startups, entrepreneurs, researchers, investors, industry and partners take innovation and ideas to business. It takes an ecosystem to drive the commercialization success of an innovation or discovery, and we are here to give you the help you need to take your startup, discovery or investment to the next stage of growthor market entry. How? It's simple, Just Ask.Innovate Calgary is the technology-transfer and business-incubation centre for the University of Calgary. Working closely with Research Services and the Office of the Vice-President (Research), we work to help bridge the gap between discovery and innovation.

Total investments:
43
Last investment:
Lead investor:
5%

Last updated:

Industries Innovate Calgary invests in

Health CareMedicalMedical DeviceSoftwareApps

Stages Innovate Calgary invests in

SeedPre-SeedFunding RoundAngelGrant

Countries Innovate Calgary invests in

CanadaUnited States

Round sizes

Seed $931k–$2.1MPre-Seed $48k–$770k

Contacts

NameEmailPhoneSocials

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Round size

Seed
$931k–$2.1M
Pre-Seed
$48k–$770k

Investment Focus

Industry

  • Health Care 17 (40%)
  • Medical 11 (26%)
  • Medical Device 9 (21%)
  • Software 6 (14%)
  • Apps 2 (5%)
See all 28 industries →

Stage

  • Seed 16 (37%)
  • Pre-Seed 13 (30%)
  • Funding Round 2 (5%)
  • Angel 1 (2%)
  • Grant 1 (2%)
See all 7 stages →

Country

  • Canada 24 (56%)
  • United States 1 (2%)

Team

NameTitleInvestmentsLinksEmail
Adam Cragg
Adam Cragg Executive Director
Executive Director Total investments: 65
Find email
Khalid Hansraj
Khalid Hansraj Business Development Manager
Business Development Manager Total investments: 0
Find email
Maximilian Kerz
Maximilian Kerz Expert Advisor
Expert Advisor Total investments: 0
Find email
Steven Pilz
Steven Pilz Mentor
Mentor Total investments: 0
Find email

Investments

CompanyDescriptionRoundLinks
Possibility Neurotechnologies Possibility Neurotechnologies
Possibility Neurotechnologies develops user-centric assistive solutions to bridge the gap between advanced brain-computer interface technologies and the applications they can manage. $36.9K / Grant / Jan 01, 2023
MACH32 MACH32
MACH32 is a medical device startup that develops innovative solutions for new and longstanding medical problems. Pre-Seed / Sep 15, 2022
Difinity Solutions Difinity Solutions
Difinity Solutions is specializing in the development of medical devices and technology solutions. $76.1K / Pre-Seed / Sep 01, 2022
InventoRR MD
InventoRR MD provides trauma and general surgery devices. They offer products that include tracheostomy, heart plug devices, liver airbags, shock airbags, and abdominal suturing devices. Seed / Aug 30, 2022
ViTAA Medical Solutions
ViTAA offers precision, personalized medicine for the improved management of patients diagnosed with abdominal aortic aneurysms (AAA). Seed / Aug 29, 2022
AllSkin Dermatology AllSkin Dermatology
AllSkin Dermatology offers skin care maintenance, skin cancer therapy, and acne services. They offer comprehensive treatment of all skin diseases and disorders using this technology. They develop a realistic plan to achieve the goals. An online inquiry form is available on their website. Pre-Seed / Aug 04, 2022
Cadence Cadence
Cadence is an integrated, end-to-end solution that streamlines both the estate planning and settlement processes. Businesses that use Cadence can support their clientele without adding extra work to their plate, and individuals that use Cadence are given more time to focus on living, grieving, and healing. $931.4K / Seed / Jun 29, 2022
Areto Labs Areto Labs
Areto Labs creates culture-building apps & bots that can be integrated into digital community platforms. $770.2K / Pre-Seed / Jun 20, 2022
Included by Design
Accessibility consulting Pre-Seed / May 11, 2022
Medhesion
Medhesion is a medical therapeutic drug company Pre-Seed / May 01, 2022
See all 43 investments →

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FAQ

What does Innovate Calgary invest in?

Innovate Calgary invests primarily in Health Care, Medical and Medical Device startups, most often at Seed and Pre-Seed stage. Most of the 43 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What is Innovate Calgary's check size?

Innovate Calgary typically joins rounds of $931k–$2.1M at Seed and $48k–$770k 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 Innovate Calgary participates in.

How do I contact Innovate Calgary?

Public channels for Innovate Calgary 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 Innovate Calgary?

The team at Innovate Calgary includes Adam Cragg (Executive Director), Khalid Hansraj (Business Development Manager) and Maximilian Kerz (Expert Advisor). 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 Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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