# Innovate Calgary

> Innovate Calgary is a VC fund in Calgary backing Health Care and Medical. See 43 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Calgary, Canada
- Total investments: 43
- Last investment: Jan 2023
- Lead investor: 5%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/company/innovate-calgary
- X (Twitter): http://twitter.com/innovatecalgary
- Website: http://www.innovatecalgary.com/

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.

## Contacts

5 contacts available for Innovate Calgary. Shizune tracks 4 team members at Innovate Calgary. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/innovate-calgary?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $931k–$2.1M |
| Pre-Seed | $48k–$770k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 17 | 40% |
| Medical | 11 | 26% |
| Medical Device | 9 | 21% |
| Software | 6 | 14% |
| Apps | 2 | 5% |

28 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 16 | 37% |
| Pre-Seed | 13 | 30% |
| Funding Round | 2 | 5% |
| Angel | 1 | 2% |
| Grant | 1 | 2% |

7 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 24 | 56% |
| United States | 1 | 2% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Adam Cragg | Executive Director | 8 | https://shizune.co/investors/profile/adam-cragg |
| Khalid Hansraj | Business Development Manager | 0 | https://shizune.co/investors/profile/khalid-hansraj |
| Maximilian Kerz | Expert Advisor | 0 | https://shizune.co/investors/profile/maximilian-kerz |
| Steven Pilz | Mentor | 0 | https://shizune.co/investors/profile/steven-pilz |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 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 is a medical device startup that develops innovative solutions for new and longstanding medical problems. |  | Pre-Seed | Sep 15, 2022 |  |
| 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 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 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 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 |  |

10 of 43 investments shown.

## Co-investors
- [UCeed](https://shizune.co/investors/profile/uceed) — VC Fund, 25 deals together
- [Startup TNT](https://shizune.co/investors/profile/startup-tnt) — VC Fund, 3 deals together
- [The 51 Ventures](https://shizune.co/investors/profile/the-51-ventures) — VC Fund, 2 deals together
- [Thin Air Labs](https://shizune.co/investors/profile/thin-air-labs) — VC Fund, 2 deals together
- [Accelerate Fund](https://shizune.co/investors/profile/accelerate-fund) — VC Fund, 1 deal together
- [Aventrock Ventures](https://shizune.co/investors/profile/aventrock-ventures) — VC Fund, 1 deal together

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### Similar industry
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### Similar stage
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### Similar country
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## Featured in investor lists
- [Health Care Investors in Canada](https://shizune.co/investors/health-care-investors-canada)
- [Health Care VC Funds in Canada](https://shizune.co/investors/health-care-vc-funds-canada)
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- [Biotech Investors in Canada](https://shizune.co/investors/biotech-investors-canada)

## 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 Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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