OCIF Portfolio hero DT (1) OCIF Portfolio hero DT (1)

Our Portfolio

We fund Calgary-based projects and companies that strengthen and diversify our economy.

To date, we’ve invested in 63 opportunities, fuelling them with $95 million in total funds committed and $58 million disbursed, based on milestones achieved.

Our investments

RECENT ANNOUNCEMENTS

Explore our latest investments.

Applied Pharmaceutical Innovation

API will strengthen the city's life sciences sector by growing its team, expanding existing services and establishing a commercialization centre in Calgary's Biohubx facility.

Sector: Health and Life Sciences
Committed: $368,048

Partners celebrate the launch of the Alberta Logistics Centre of Excellence

Alberta Logistics Centre of Excellence

ALCoE will serve as a central hub connecting industry, government, academia and talent to strengthen Calgary and Alberta's transportation and logistics sector.

Sector: Transportation and Logistics
Committed: $1.5 million

OCIF’S INVESTMENT PORTFOLIO

These projects have the potential to transform industries, create opportunities for Calgarians and diversify our economy.

API_OCIF Web New   Logo Template   Portfolio

Applied Pharmaceutical Innovation

Date: June 2026
Committed: $368,048
Sector: Life Sciences

ALCoE OCIF website logo

Alberta Logistics Centre of Excellence

Date: March 2026
Committed: $1.5 million
Sector: Transportation & Logistics

AgSphere OCIF website logo

AgSphere

Date: December 2025
Committed: $2.75 million
Sector: Agribusiness

ConvergX Website

ConvergX

Date: October 2025
Committed: $1 million
Sector: Technology

OCIF The Knowledge Society

The Knowledge Society

Date: September 2025
Committed: $367,000
Sector: Technology

CAE WJ

Alberta Training Centre of Excellence for Aviation and Aerospace

Date: September 2025
Committed: Leveraged funding
Sector: Aerospace

OCIF Web New   Logo Template   Portfolio

ETC Foundation

Date: September 2025
Committed: $1.5 million
Sector: Energy & Environment

ZeroSound

ZeroSound

Date: May 2025
Committed: $105,000
Sector: Technology

Vl Energy

VL Energy

Date: May 2025
Committed: $95,000
Sector: Energy & Environment

Virtuo

Virtuo

Date: May 2025
Committed: $105,000
Sector: Technology

Ultimarii

Ultimarii

Date: May 2025
Committed: $125,000
Sector: Energy & Environment

Tangent

Tangent Design Engineering

Date: May 2025
Committed: $190,500
Sector: Technology

Solvet

Solvet

Date: May 2025
Committed: $125,000
Sector: Agribusiness

See02

SeeO2 Energy

Date: May 2025
Committed: $19,989
Sector: Energy & Environment

Quantized

Quantized Technologies

Date: May 2025
Committed: $95,000
Sector: Technology

Provision

Provision Analytics

Date: May 2025
Committed: $150,000
Sector: Technology

process ecology

Process Ecology

Date: May 2025
Committed: $35,000
Sector: Energy & Environment

Patronscan

Patronscan

Date: May 2025
Committed: $13,765
Sector: Energy & Environment

onevest

Onevest

Date: May 2025
Committed: $100,000
Sector: Technology

Okos

Okos

Date: May 2025
Committed: $300,000
Sector: Technology

MRO

MRO Electronic Supply

Date: May 2025
Committed: $300,000
Sector: Aerospace

monark

Monark

Date: May 2025
Committed: $95,000
Sector: Technology

H2Safety

H2Safety

Date: May 2025
Committed: $195,000
Sector: Energy & Environment

CoolIT

CoolIT Systems

Date: May 2025
Committed: $385,000
Sector: Technology

Carbon Upcycling

Carbon Upcycling

Date: May 2025
Committed: $33,750
Sector: Technology

BigGeo

Big Geo

Date: May 2025
Committed: $125,000
Sector: Technology

AdaData

Aba Data

Date: May 2025
Committed: $250,000
Sector: Technology

QAI (1)

XPrize Canada Hub

Date: May 2025
Committed: $1.5 million
Sector: Technology

QAI

QAI Ventures

Date: May 2025
Committed: $675,000
Sector: Technology

Lufthansa Technik Logo

Lufthansa Technik

Date: February 2025
Committed: $2.5 million
Sector: Aerospace

SAIT_OCIF Web New   Logo Template   Portfolio (2)

Alternative Construction Technology Hub

Date: July 2024
Committed: $996,000
Sector: Construction

TN

Career Ready Program

Date: December 2024
Committed: $862,500
Sector: Technology

SAIT_OCIF Web New   Logo Template   Portfolio (2)

Aerospace Composite Materials Lab

Date: December 2024
Committed: $709,000
Sector: Aerospace

PlatformCalgary OCIF Calgary

National Bank Investor Hub

Date: June 2024
Committed: $400,000
Sector: Technology

OCIF The Knowledge Society

The Knowledge Society (TKS)

Date: March 2024
Committed: $256,000
Sector: Technology

OCIF Aerospace Innovation Hub

Aerospace Innovation Hub

Date: March 2024
Committed: $3.9 million
Sector: Aerospace

OCIF Bow Valley College

Bow Valley College

Date: November 2023
Committed: $5.5 million
Sector: Digital Media & Entertainment

OCIF Projects Thin Air Labs Calgary

Thin Air Labs

Date: June 2022
Committed:  $4 million 
Sector: Technology

IBM OCIF Calgary

IBM

Date: June 2022
Committed:  $5 million 
Sector: Technology

OCIF Calgary Combine Venture Builders

Combine Venture Builders

Date: December 2022
Committed: $1.9 million
Sector: Technology

OCIF Calgary Avatar Innovations

Avatar Innovations

Date: July 2022
Committed: $500,000 
Sector: Energy & Environment

OCIF Calgary Mphasis

Mphasis

Date: February 2022
Committed: $7 million
Sector: Technology

OCIF The+51

Movement51

Date: December 2021
Committed: $333,000
Sector: Financial Services

OCIF CDL+Rockies

CDL-Rockies

Date: December 2021
Committed: $3.0 million
Sector: Technology

OCIF Accelerate+Fund+III

Accelerate Fund III (AFIII)

Date: November 2021
Committed: $6.0 million
Sector: Technology

OCIF Plug+And+Play

Plug and Play

Date: November 2021
Committed: $7.0 million
Sector: Technology

OCIF THRIVE SVG Ventures

SVG Ventures | THRIVE

Date: June 2021
Committed: $1.0 million
Sector: Agribusiness

Endeavor OCIF logo web v2

Endeavor Canada

Date: March 2021
Committed: $1.0 million
Sector: Technology

OCIF LodgeLink Logo

LodgeLink

Date: December 2020
Committed: $3.0 million
Sector: Technology

Alberta IoT London Tech Week

ALBERTA IOT

Date: November 2020
Committed: $100,000
Sector: Technology

SAIT_OCIF Web New   Logo Template   Portfolio (2)

SAIT Digital Transformation (DX) Talent Hub

Date: September 2020
Committed: $8.2 million
Sector: Technology

Harvest logo final

HARVEST BUILDERS

Date: June 2020
Committed: $4.0 million
Sector: Technology

AltaML new

AltaML

Date: June 2020
Committed: $3.25 million
Sector: Technology

OCIF Intergen

Intergen

Date: December 2019
Committed: InterGen
Sector: Technology

Lighthouse Labs Logo 3

Lighthouse Labs

Date: October 2019
Committed: $300,000
Sector: Technology

Hatch Logo 3

HATCH-YYC

Date: October 2019
Committed: $1.0 million
Sector: Life Sciences

Finger Food Logo 2

Finger Food (Now Unity)

Date: September 2019
Committed: $3.5 million
Sector: Technology

ocif+Parkland

Parkland Fuels

Date: July 2019
Committed: $4.0 million
Sector: Energy & Environment

ocif+Npower

NPower Canada

Date: May 2019
Committed: $100,000
Sector: Technology

OCIF+UCalgary

Life Sciences Innovation Hub

Date: February 2019
Committed: $8.5 million
Sector: Life Sciences

Attabotics Logo

Attabotics

Date: December 2018
Committed: $4.5 million
Sector: Technology

OCIF+MobSquad

MobSquad

Date: October 2018
Committed: $1.5 million
Sector: Technology

uplook an action plan for calgary

Uplook: An Action Plan for Our Economy

Calgary's economic strategy outlines the key priorities and big initiatives that will bring our shared vision to life. Together, we can grow and diversify our economy while building a city where everyone can thrive.

READ THE STRATEGY