The Pulse
Nov. 19, 2021

A company that's working on a revolutionary solution for patients suffering from major eye diseases took home the top prize in the Edmonton third of Startup TNT's Investment Summit IV.

PulseMedica, a University of Alberta spinoff company, is developing a fully automated diagnostic platform that will treat conditions like age-related macular degeneration (AMD) with lasers instead of injections.

"The due diligence was so deep and the questions were so awesome," CEO and co-founder Nir Katchinskiy told the crowd at Polar Park Brewing Company, where Edmonton's in-person summit was hosted on Nov. 18. "I came here today thinking whoever wins really deserves it, which is the best feeling in the world."

PulseMedica is aiming to raise a seed round this year, which would allow it to start manufacturing its technology by 2023. The health innovation company secured at least $400,000 in investment at the summit, which it largely plans to use to run its first laser treatment trial on 10 to 15 patients in Edmonton.

"We're a medical device company, and that means it's a bit of a longer process to get to the end result," Katchinskiy told Taproot. "Seeing that people believe in us and are willing to take those chances, it's just incredible because not everyone is willing to put their money in and wait for a few years."

WaitWell, which offers line management software, was selected as the winner for the Calgary side, and same-day delivery service provider StoreToDoor won in Saskatchewan.

The other Edmonton finalists included Dryrun, Flawless Inbound, Fly and Fetch, and Rogue 7.

• Edmonton-based soldiers are on their way to flood-ravaged B.C. to help with relief efforts. Minister of National Defence Anita Anand said 350 Canadian Armed Forces personnel were ready to be deployed from Edmonton; 120 members of IRU Vanguard Company were expected to be in Abbotsford by the end of Thursday.
• Improving homeless shelters is worth it because otherwise many prefer to stay in encampments, city staff told the Edmonton Police Commission on Thursday. "Keeping people homeless is very expensive," said Christel Kjenner, the city's director of housing and homelessness, who presented a report on minimum emergency shelter standards. "It's just that the costs are being externalized for the community and to other systems, whether that's the emergency rooms or the police."
• The police commission also heard about a spike in hate-motivated crimes in 2021, with 97 recorded so far in 2021. The Edmonton Police Service acknowledged in its community feedback report that members should be more sensitive when racialized people report hate crimes.
• The city decided not to privatize bus cleaning and refuelling, preserving more than 100 unionized jobs. Eddie Robar, the branch manager for fleet and facility services, told Postmedia the $1.2 million that was to be saved by contracting out will be found through other efficiencies. The Amalgamated Transit Union Local 569 celebrated the win as negotiations continue on their contract.

Edmonton's Flair Airlines is adding flights and expanding its fleet, as the ultra-low-cost carrier faces new competition from WestJet-owned Swoop and soon-to-launch Lynx Air for bargain-hunting travellers.

Flair will offer non-stop Mexico flights this winter to Cancun and Los Cabos, departing from airports in Vancouver, Abbotsford, Edmonton, Ottawa, and Kitchener-Waterloo.

"Expanding internationally is really something that's core to our growth strategy moving forward," Garth Lund, Flair's chief commercial officer, told the Canadian Press. "I think there's a lot of opportunity to bring low fares to a lot of destinations ... for next winter, we'll be looking to expand probably into other places in Mexico and into the Caribbean."

Since the beginning of this year, Flair has announced 18 new destinations, while expanding its service to 31 cities. "We started the year with three aircraft, we'll end with 12, by the end of next year we'll have 20," Lund said. "And we'll keep growing beyond that."

Calgary-based Swoop is also offering new options for Edmonton travellers, adding eight new domestic flight destinations and one new international route from the Edmonton International Airport (EIA).

The airline's capacity in Edmonton will increase 76% compared to pre-pandemic levels. The new routes will create 140 additional direct and spin-off jobs, plus an anticipated economic output of $120 million in 2022.

The Edmonton Public Library has launched the first volume of the Capital City Press Anthology, a podcast to "celebrate the creativity of our city and the Treaty 6 First Nations by providing opportunities for diverse, new, and thought-provoking voices to be heard."

The show is an extension of Capital City Press, which showcases work from local writers while engaging the community with "the exchange of ideas and education on the craft of writing."

The anthology's first call for submissions launched during the pandemic, and writers were eager to have their work featured in the collection. In her letter from the editor, Katherine Gibson of the CCP team said the final collection "reflects the wide variety of experiences, interests, concerns, and joys that make up the map of Edmonton."

Of the five episodes out so far, some of the YEG-centric pieces included are Genesis by Rita Espeschit, My Family's Garden by Medina Assiff, Memories of YEG by Karen Hubbard, and Birthmark by Jennifer Bowering Delisle, to name just a few.

Every story from the CCP Anthology's first volume will be available on its website. New episodes, including the final episode in the six-part series, are available bi-weekly on Apple Podcasts, Spotify, Google Podcasts, and Stitcher.

And a call for submissions is out for Volume 2. Fiction, nonfiction, and poetry will be accepted until Dec. 31.

You can listen to podcast picks from Taproot on Listen Notes or Spotify.