Recently Funded Startups in Alberta (Sep-2025)

Last Updated: 2-Sep-2025
Alberta has emerged as a hotbed for startup activity, particularly in the tech and innovation sectors. With a robust ecosystem supporting early-stage ventures, the province is seeing a significant increase in funding, illustrating the confidence investors place in local talent and disruptive ideas. The startup landscape has flourished, with a notable rise in the number of startups that have secured funding this year, indicative of a vibrant entrepreneurial spirit that thrives in Alberta’s diverse economy.
In 2025, Alberta has recorded a remarkable surge in funding activity, raising over $1.1 billion across 62 startups. This uptick not only reflects the state’s resilience in the face of global economic challenges but also highlights key industries that are driving innovation and growth. From energy to financial services, the province is experiencing a dynamic shift as startups capitalize on emerging trends and market demand, positioning themselves for long-term success and sustainability.
Funding Highlights
- Total number of startups tracked: 236
- Number of startups that raised funding last year: 52
- Number of startups that raised funding this year: 62
- Total funding raised this year so far in USD: $1,135,693,200
- Largest deal: Black Diamond Group, Series Unknown, $298,900,000
- Top industries by funding amount:
- Energy: $806,690,200
- Financial Services: $80,200,000
- Renewable Energy Semiconductor Manufacturing: $64,800,000
- Top industries by number of deals this year:
- Energy: 17 deals
- Natural Resources: 14 deals
- Biotechnology: 8 deals
Full List of Recently Funded Startups in Alberta
Company | Country | State | Round | Amount | Date | Industry |
---|---|---|---|---|---|---|
Benz Mining | Canada | Alberta | Series Unknown | $19.3M | 2025-08-20 | Natural Resources |
Canagold Resources | Canada | Alberta | Series Unknown | $2.9M | 2025-08-18 | Natural Resources |
LibertyStream Infrastructure Partners | Canada | Alberta | Series Unknown | $700K | 2025-08-11 | Natural Resources |
Touchstone Exploration | Canada | Alberta | Series Unknown | $12.5M | 2025-08-08 | Energy |
StrategX Elements | Canada | Alberta | Series Unknown | $216.2K | 2025-08-07 | Energy |
SolarSteam Inc. | Canada | Alberta | Seed | $717K | 2025-08-07 | Energy |
Swirltex | Canada | Alberta | Series Unknown | $3.2M | 2025-07-15 | Energy |
Tamarack Valley Energy | Canada | Alberta | Series Unknown | $237.4M | 2025-07-14 | Energy |
Wilton Resources | Canada | Alberta | Series Unknown | $301.1K | 2025-07-11 | Energy |
Crown Point Energy | Canada | Alberta | Series Unknown | $25M | 2025-07-11 | Energy |
Record Resources | Canada | Alberta | Series Unknown | $219.9K | 2025-07-08 | Natural Resources |
TrustBIX | Canada | Alberta | Series Unknown | $293.4K | 2025-07-07 | Agriculture and Farming |
Highwood Asset Management | Canada | Alberta | Series Unknown | $103.1M | 2025-07-03 | Energy |
Perseverance Metals | Canada | Alberta | Seed | $3.4M | 2025-06-26 | Natural Resources |
Black Diamond Group | Canada | Alberta | Series Unknown | $26.9M | 2025-06-25 | Energy |
Nude Solutions | Canada | Alberta | Series Unknown | Undisclosed | 2025-06-19 | Financial Services |
Carbon Upcycling | Canada | Alberta | Series Unknown | $18M | 2025-06-18 | Energy |
Future Fields | Canada | Alberta | Series A | $8M | 2025-06-17 | Agriculture and Farming |
Hemostemix | Canada | Alberta | Series Unknown | $345.8K | 2025-06-17 | Biotechnology |
Bravada Gold | Canada | Alberta | Series Unknown | $789.2K | 2025-06-11 | Natural Resources |
Nanalysis | Canada | Alberta | Series Unknown | $2M | 2025-06-06 | Consumer Electronics |
Eavor Technologies | Canada | Alberta | Series Unknown | $64.8M | 2025-06-03 | Renewable Energy Semiconductor Manufacturing |
West High Yield | Canada | Alberta | Series Unknown | $10.9K | 2025-06-02 | Natural Resources |
Levven Electronics | Canada | Alberta | Series Unknown | Undisclosed | 2025-05-27 | Consumer Electronics |
Argyle Resources | Canada | Alberta | Series Unknown | $1M | 2025-05-26 | Natural Resources |
Entos Pharmaceuticals | Canada | Alberta | Series Unknown | $1M | 2025-05-22 | Biotechnology |
Xortx Therapeutics | Canada | Alberta | Series Unknown | $3M | 2025-05-19 | Biotechnology |
Ynvisible Interactive | Canada | Alberta | Series Unknown | $1.3M | 2025-05-16 | Consumer Electronics |
ExRo Technologies | Canada | Alberta | Series Unknown | $30M | 2025-05-16 | Manufacturing |
Voltra | Canada | Alberta | Pre-Seed | $1.8M | 2025-05-14 | Software |
Alaris Equity Partners | Canada | Alberta | Series Unknown | $57.4M | 2025-05-13 | Financial Services |
Touchstone Exploration | Canada | Alberta | Series Unknown | $20.4M | 2025-05-08 | Energy |
SolarSteam Inc. | Canada | Alberta | Series Unknown | Undisclosed | 2025-05-07 | Energy |
Braintoy | Canada | Alberta | Series Unknown | Undisclosed | 2025-05-07 | Artificial Intelligence (AI) |
OraQ AI | Canada | Alberta | Series Unknown | Undisclosed | 2025-05-07 | Artificial Intelligence (AI) |
Onyx Gold | Canada | Alberta | Series Unknown | $8M | 2025-05-07 | Natural Resources |
Cabral Gold | Canada | Alberta | Series Unknown | $7.2M | 2025-04-23 | Manufacturing |
Benz Mining | Canada | Alberta | Series Unknown | $8.6M | 2025-04-15 | Natural Resources |
PrePad | Canada | Alberta | Seed | $2.8M | 2025-04-10 | Energy |
Oncolytics Biotech | Canada | Alberta | Series Unknown | $20M | 2025-04-10 | Biotechnology |
Eguana | Canada | Alberta | Series Unknown | $1.6M | 2025-04-08 | Consumer Electronics |
Solvet | Canada | Alberta | Series Unknown | Undisclosed | 2025-04-08 | Pharmaceutical Manufacturing |
Enterprise Group | Canada | Alberta | Series Unknown | $28.8M | 2025-04-07 | Commerce and Shopping |
Bullion Gold Resources | Canada | Alberta | Series Unknown | $140.6K | 2025-04-04 | Natural Resources |
Replenish Nutrients | Canada | Alberta | Series Unknown | $1.9M | 2025-04-02 | Agriculture and Farming |
FireSafe AI | Canada | Alberta | Series Unknown | $87.3K | 2025-04-01 | Agriculture and Farming |
Horizon Petroleum | Canada | Alberta | Series Unknown | $477.9K | 2025-04-01 | Natural Resources |
Nanoprecise Sci Corp | Canada | Alberta | Series C | $38M | 2025-03-27 | Artificial Intelligence |
Summit Nanotech | Canada | Alberta | Series Unknown | $25.5M | 2025-03-18 | Energy |
Purebread Brands | Canada | Alberta | Series Unknown | $3.9M | 2025-03-13 | Food and Beverage |
Westgate | Canada | Alberta | Series Unknown | $4.2M | 2025-03-11 | Energy |
HEMPALTA | Canada | Alberta | Series Unknown | $226.1K | 2025-03-10 | Agriculture and Farming |
Geno10X Biosciences | Canada | Alberta | Series Unknown | Undisclosed | 2025-03-06 | Biotechnology |
Canagold Resources | Canada | Alberta | Series Unknown | $2.2M | 2025-03-04 | Natural Resources |
Mackenzie Applied Research Association | Canada | Alberta | Series Unknown | $182K | 2025-03-04 | Agriculture and Farming |
E3 Lithium | Canada | Alberta | Series Unknown | $3.2M | 2025-03-03 | Energy |
Defense Metals | Canada | Alberta | Series Unknown | $589.1K | 2025-03-03 | Energy |
Syantra | Canada | Alberta | Series Unknown | Undisclosed | 2025-02-26 | Biotechnology |
Quack | Canada | Alberta | Seed | $500K | 2025-02-25 | Other |
Cardinal Energy | Canada | Alberta | Series Unknown | $28.1M | 2025-02-25 | Energy |
Ynvisible Interactive | Canada | Alberta | Series Unknown | $423.3K | 2025-02-21 | Consumer Electronics |
West High Yield | Canada | Alberta | Series Unknown | $632.9K | 2025-02-20 | Natural Resources |
Black Diamond Group | Canada | Alberta | Series Unknown | $298.9M | 2025-02-20 | Energy |
Argyle Resources | Canada | Alberta | Series Unknown | $612.6K | 2025-02-18 | Natural Resources |
Levven Electronics | Canada | Alberta | Series Unknown | $879K | 2025-02-12 | Consumer Electronics |
Care Group | Canada | Alberta | Series Unknown | $1M | 2025-02-12 | Health Care |
Prairie Provident Resources | Canada | Alberta | Series Unknown | $9.1M | 2025-02-11 | Energy |
Copper Fox Metals | Canada | Alberta | Series Unknown | $1M | 2025-02-07 | Natural Resources |
Folds Wear | Canada | Alberta | Series Unknown | $7K | 2025-02-05 | Commerce and Shopping |
Entos Pharmaceuticals | Canada | Alberta | Series Unknown | $4M | 2025-02-05 | Biotechnology |
Hemostemix | Canada | Alberta | Series Unknown | $336.5K | 2025-02-04 | Biotechnology |
OneVest | Canada | Alberta | Series B | $20M | 2025-01-29 | Financial Services |
Everyday People Financial | Canada | Alberta | Series Unknown | $2.8M | 2025-01-29 | Financial Services |
Orennia | Canada | Alberta | Series C | Undisclosed | 2025-01-21 | Data and Analytics |
Scription | Canada | Alberta | Seed | Undisclosed | 2025-01-10 | Financial Services |
Horizon Petroleum | Canada | Alberta | Series Unknown | $138.6K | 2025-01-10 | Natural Resources |
Cardinal Energy | Canada | Alberta | Series Unknown | $34.9M | 2024-12-18 | Energy |
Fluid Biomed Inc. | Canada | Alberta | Series A | $27M | 2024-12-16 | Health Care |
askelle | Canada | Alberta | Pre-Seed | Undisclosed | 2024-12-15 | Artificial Intelligence (AI) |
Argyle Resources | Canada | Alberta | Series Unknown | $705.1K | 2024-12-12 | Natural Resources |
Valeura Energy | Canada | Alberta | Series Unknown | $10.6M | 2024-12-10 | Energy |
Acceleware | Canada | Alberta | Series Unknown | $931.3K | 2024-12-04 | Agriculture and Farming |
Cabral Gold | Canada | Alberta | Series Unknown | $1.5M | 2024-12-03 | Manufacturing |
Bitcoin Well | Canada | Alberta | Series Unknown | $1.4M | 2024-12-02 | Blockchain and Cryptocurrency |
Sonoro Gold | Canada | Alberta | Series Unknown | $354.7K | 2024-11-26 | Manufacturing |
OraQ AI | Canada | Alberta | Seed | $1.9M | 2024-11-25 | Artificial Intelligence (AI) |
Condor Energies | Canada | Alberta | Series Unknown | $7.2M | 2024-11-20 | Energy |
Volt Lithium | Canada | Alberta | Series Unknown | $5M | 2024-11-11 | Natural Resources |
Elevate Aviation | Canada | Alberta | Series Unknown | $72K | 2024-11-04 | Education |
Stelor | Canada | Alberta | Series Unknown | Undisclosed | 2024-11-01 | Real Estate |
Rio2 | Canada | Alberta | Series Unknown | $86.8M | 2024-10-22 | Natural Resources |
Ynvisible Interactive | Canada | Alberta | Series Unknown | $362K | 2024-10-18 | Consumer Electronics |
Wyvern | Canada | Alberta | Series Unknown | $6M | 2024-10-17 | Data and Analytics |
Xortx Therapeutics | Canada | Alberta | Series Unknown | $1.5M | 2024-10-17 | Biotechnology |
EnviCore | Canada | Alberta | Seed | $3M | 2024-10-15 | Energy |
Cybro | Canada | Alberta | Series Unknown | $3M | 2024-10-11 | Blockchain and Cryptocurrency |
Flora | Canada | Alberta | Pre-Seed | $1.1M | 2024-10-03 | Financial Services |
Surge Energy | Canada | Alberta | Series Unknown | $128.7M | 2024-08-21 | Energy |
E3 Lithium | Canada | Alberta | Series Unknown | $3.6M | 2024-08-15 | Energy |
Winterhawk | Canada | Alberta | Series Unknown | Undisclosed | 2024-08-14 | Energy |
Jura Energy | Canada | Alberta | Series Unknown | $4.3M | 2024-07-24 | Energy |
West High Yield | Canada | Alberta | Series Unknown | $1.1M | 2024-07-09 | Natural Resources |
Cematrix | Canada | Alberta | Series Unknown | $5.8M | 2024-06-27 | Manufacturing |
ResVR | Canada | Alberta | Seed | $1.2M | 2024-06-06 | Hardware |
Memory Anchor Inc. | Canada | Alberta | Pre-Seed | $586.4K | 2024-06-01 | Apps |
Woveo | Canada | Alberta | Series Unknown | $10.9K | 2024-05-29 | Financial Services |
Mikata Health | Canada | Alberta | Series Unknown | $800K | 2024-05-29 | Health Care |
Cardinal Energy | Canada | Alberta | Series Unknown | $200M | 2024-05-27 | Energy |
Sonoma Capital | Canada | Alberta | Series Unknown | Undisclosed | 2024-05-23 | Financial Services |
Eavor Technologies | Canada | Alberta | Series Unknown | $139.5M | 2024-05-02 | Renewable Energy Semiconductor Manufacturing |
Calgary Life Church | Canada | Alberta | Series Unknown | $7.8K | 2024-05-01 | Community and Lifestyle |
FluroTech | Canada | Alberta | Series Unknown | $16M | 2024-05-01 | Biotechnology |
Nanostics | Canada | Alberta | Series Unknown | Undisclosed | 2024-04-23 | Biotechnology |
Walli HR | Canada | Alberta | Pre-Seed | Undisclosed | 2024-04-09 | Administrative Services |
Rio2 | Canada | Alberta | Series Unknown | $17M | 2024-04-08 | Natural Resources |
Nanalysis | Canada | Alberta | Series Unknown | $1.5M | 2024-04-04 | Consumer Electronics |
ZayZoon | Canada | Alberta | $15M | 2024-03-26 | Financial Services | |
Bitcoin Well | Canada | Alberta | $1.7M | 2024-03-22 | Blockchain and Cryptocurrency | |
Carbonova | Canada | Alberta | $4.5M | 2024-03-13 | Manufacturing | |
Eguana | Canada | Alberta | $162.6K | 2024-03-08 | Consumer Electronics | |
PayShepherd | Canada | Alberta | $5.2M | 2024-03-06 | Financial Services | |
enCore Energy | Canada | Alberta | Series Unknown | $10M | 2024-02-26 | Energy |
Enterprise Group | Canada | Alberta | Series Unknown | $3.7M | 2024-02-26 | Commerce and Shopping |
AgGene | Canada | Alberta | Series Unknown | Undisclosed | 2024-02-15 | Agriculture and Farming |
Wilton Resources | Canada | Alberta | Series Unknown | $226.1K | 2024-02-15 | Energy |
EcoClaim | Canada | Alberta | Series Unknown | Undisclosed | 2024-02-13 | Professional Services |
Open House.ai | Canada | Alberta | Seed | $1.1M | 2024-02-06 | Advertising |
Nimble Science | Canada | Alberta | Seed | $500K | 2024-01-24 | Health Care |
Entos Pharmaceuticals | Canada | Alberta | Series Unknown | $100K | 2024-01-23 | Biotechnology |
Cnergreen | Canada | Alberta | Seed | $2M | 2024-01-23 | Energy |
Xortx Therapeutics | Canada | Alberta | Series Unknown | $1.5M | 2024-01-15 | Biotechnology |
Kaleo Collective | Canada | Alberta | Series Unknown | $394.1K | 2024-01-09 | Community and Lifestyle |
Woveo | Canada | Alberta | Seed | $1.7M | 2023-12-15 | Financial Services |
Eguana | Canada | Alberta | Series Unknown | $332.5K | 2023-12-08 | Consumer Electronics |
Regentech | Canada | Alberta | Series Unknown | $1.5M | 2023-12-06 | Manufacturing |
Virtuo | Canada | Alberta | Seed | $2.6M | 2023-12-05 | Information Technology |
Traction Uranium | Canada | Alberta | Series Unknown | $256.5K | 2023-11-24 | Natural Resources |
Pembina Institute | Canada | Alberta | Series Unknown | $10.5K | 2023-11-20 | Education |
Luniko | Canada | Alberta | Series Unknown | $700K | 2023-11-06 | Artificial Intelligence (AI) |
High Tide | Canada | Alberta | Series Unknown | $6.4M | 2023-11-01 | Commerce and Shopping |
Cnergreen | Canada | Alberta | Series Unknown | $650.5K | 2023-11-01 | Energy |
Scription | Canada | Alberta | Pre-Seed | $2.5M | 2023-10-10 | Financial Services |
Qube Technologies | Canada | Alberta | Series B | Undisclosed | 2023-10-02 | Artificial Intelligence |
Southern Energy | Canada | Alberta | Series Unknown | Undisclosed | 2023-10-02 | Energy |
Surge Energy | Canada | Alberta | Series Unknown | $42M | 2023-09-28 | Energy |
Marksmen Energy | Canada | Alberta | Series Unknown | $259.4K | 2023-09-28 | Energy |
Prospera Energy | Canada | Alberta | Series Unknown | $2.2M | 2023-09-27 | Energy |
Hemostemix | Canada | Alberta | Series Unknown | $240.8K | 2023-09-27 | Biotechnology |
Stampede Drilling | Canada | Alberta | Series Unknown | $50M | 2023-09-21 | Energy |
Arolytics | Canada | Alberta | Seed | Undisclosed | 2023-09-19 | Energy |
ZayZoon | Canada | Alberta | Series B | $34.5M | 2023-09-19 | Financial Services |
Energy Safety Canada | Canada | Alberta | Series Unknown | $14.8M | 2023-09-19 | Energy |
Monark | Canada | Alberta | Seed | $1.1M | 2023-09-19 | Education |
E3 Lithium | Canada | Alberta | Series Unknown | $14.8M | 2023-09-18 | Energy |
Ontopical | Canada | Alberta | Seed | $2.4M | 2023-09-14 | Artificial Intelligence |
Canadian Overseas Petroleum | Canada | Alberta | Series Unknown | $2.6M | 2023-09-06 | Energy |
Bitcoin Well | Canada | Alberta | Series Unknown | $1.4M | 2023-09-01 | Blockchain and Cryptocurrency |
Zero Point Cryogenics | Canada | Alberta | Series Unknown | $604.1K | 2023-08-25 | Manufacturing |
DrugBank | Canada | Alberta | Series Unknown | $715K | 2023-08-25 | Biotechnology |
Boreal Laser | Canada | Alberta | Series Unknown | $1.3M | 2023-08-25 | Manufacturing |
Copperstone Technologies | Canada | Alberta | Series Unknown | $1.9M | 2023-08-25 | Consumer Electronics |
TechJutsu | Canada | Alberta | Series Unknown | Undisclosed | 2023-08-22 | Information Technology |
Alberta IoT | Canada | Alberta | Series Unknown | $750K | 2023-08-22 | Information Technology |
LyfeMD | Canada | Alberta | Series Unknown | Undisclosed | 2023-08-22 | Apps |
Olivut Resources | Canada | Alberta | Series Unknown | $305K | 2023-08-22 | Community and Lifestyle |
ResolvMD | Canada | Alberta | Seed | $1.5M | 2023-08-21 | Financial Services |
Finofo | Canada | Alberta | Pre-Seed | $1.3M | 2023-08-15 | Financial Services |
True Wild Distillery | Canada | Alberta | Seed | $188.9K | 2023-08-10 | Food and Beverage |
Volt Lithium | Canada | Alberta | Series Unknown | $6.8M | 2023-08-04 | Natural Resources |
Calgary Economic Development | Canada | Alberta | Series Unknown | $3M | 2023-08-01 | Community and Lifestyle |
Folds Wear | Canada | Alberta | Series Unknown | $56K | 2023-07-27 | Commerce and Shopping |
Canadian Cattlemen's Association | Canada | Alberta | Series Unknown | $12M | 2023-07-12 | Agriculture and Farming |
Replenish Nutrients | Canada | Alberta | Series Unknown | $7M | 2023-07-12 | Agriculture and Farming |
WaitWell | Canada | Alberta | Seed | $1.1M | 2023-07-11 | Software |
Orennia | Canada | Alberta | Series B | $25M | 2023-07-11 | Data and Analytics |
INX | Canada | Alberta | Series Unknown | $5.3M | 2023-06-19 | Financial Services |
Wosler Corp. | Canada | Alberta | Series Unknown | $30K | 2023-06-14 | Health Care |
InPlay Oil Corp. | Canada | Alberta | Series Unknown | $110M | 2023-06-14 | Energy |
DOUBL | Canada | Alberta | Series Unknown | $30K | 2023-06-14 | Clothing and Apparel |
Kello Inclusive | Canada | Alberta | Series Unknown | $10K | 2023-06-08 | Sales and Marketing |
Avila Energy Corporation | Canada | Alberta | Series Unknown | $10M | 2023-06-07 | Energy |
Animal HealthLink | Canada | Alberta | Series Unknown | Undisclosed | 2023-06-06 | Health Care |
Village Wellth | Canada | Alberta | Series Unknown | Undisclosed | 2023-06-06 | Other |
MACH32 | Canada | Alberta | Series Unknown | Undisclosed | 2023-06-06 | Health Care |
VEERUM | Canada | Alberta | Series B | $9.3M | 2023-05-29 | Administrative Services |
Cheam First Nation | Canada | Alberta | Series Unknown | $669.6K | 2023-05-24 | Government and Military |
ExRo Technologies | Canada | Alberta | Series Unknown | $25.9M | 2023-05-15 | Manufacturing |
Arolytics | Canada | Alberta | Series Unknown | $300K | 2023-05-11 | Energy |
Blue Moon Mining | Canada | Alberta | Series Unknown | $175.5K | 2023-05-08 | Data and Analytics |
Portals | Canada | Alberta | Seed | $2M | 2023-05-03 | Financial Services |
Quack | Canada | Alberta | Pre-Seed | Undisclosed | 2023-05-03 | Software Development |
mmHg | Canada | Alberta | Series Unknown | Undisclosed | 2023-04-13 | Health Care |
Prospera Energy | Canada | Alberta | Series Unknown | $2.3M | 2023-04-13 | Energy |
EOS Network Foundation | Canada | Alberta | Series Unknown | $45M | 2023-04-13 | Information Technology |
ChopValue Manufacturing | Canada | Alberta | Series Unknown | $7.7M | 2023-04-03 | Manufacturing |
Alberta Machine Intelligence Institute | Canada | Alberta | Series Unknown | $30M | 2023-03-24 | Artificial Intelligence |
Mercator AI | Canada | Alberta | Seed | $3.8M | 2023-03-21 | Artificial Intelligence |
Canadian Overseas Petroleum | Canada | Alberta | Series Unknown | $14.8M | 2023-03-20 | Energy |
TeleportDAO | Canada | Alberta | Seed | $2.5M | 2023-03-16 | Information Technology |
Eavor Technologies | Canada | Alberta | Series Unknown | $97M | 2023-03-09 | Renewable Energy Semiconductor Manufacturing |
Frequently Asked Questions
Q1. Where can I find recently funded startups in Alberta, Canada?
You can explore our full list of startups that raised funding this month above. You can also subscribe to our free plan to get weekly alerts.
Q2. How can I connect with these startups in Alberta, Canada?
You can subscribe to our premium plan for verified CEO and decision-maker contacts.
Q3. How many startups in Alberta, Canada were funded this year and last year and how many are tracked overall?
We track 236 startups in Alberta, Canada; 62 raised funding so far this year and 52 raised funding last year.
Q4. Which industries are trending in Alberta, Canada by funding amount and by number of deals?
Top by funding amount: Energy $806,690,200; Financial Services $80,200,000; Renewable Energy Semiconductor Manufacturing $64,800,000. Top by deal count: Energy 17 deals; Natural Resources 14 deals; Biotechnology 8 deals.
Q5. What were the biggest funding highlights in Alberta, Canada this year?
Largest deal: Black Diamond Group, Series Unknown, $298,900,000; total funding in Alberta, Canada so far this year: $1,135,693,200, with the bulk concentrated in the Energy sector.