Ultimarii

Calgary-based Ultimarii has raised $1.3 million in Series A funding to accelerate permitting and approvals for critical energy and infrastructure projects across North America. The round was led by Allied VC and includes strategic investors from energy, project development, and professional services.

Ultimarii’s software helps teams manage regulatory workflows, stakeholder engagement, land access, environmental requirements, documentation, and reporting in one platform. The company says infrastructure developers face growing pressure to move faster while maintaining compliance and transparency. The new capital will support product development, customer growth, and expansion into additional markets where complex approvals slow major project execution.

Want to know more? Check out the source code on Calgary.tech.

Calgary-based Ultimarii has raised $5.2 million to speed Canada’s major infrastructure approvals. Co-founded by entrepreneur Josh Malate, formerly of Athennian, and ex-Alberta minister Doug Schweitzer, the startup deploys AI to analyze thousands of regulatory filings, assess feasibility in minutes, and flag risks that often cause delays.

Ultimarii already counts 20 enterprise clients, including national law firms and utilities. Investors include Staircase Ventures, Alpaca VC, and Scale Good Fund, alongside support from Alberta Innovates, IRAP, and OCIF. With senior advisors from Canada’s energy regulatory ranks, Ultimarii says it can modernize approval processes critical for ports, energy corridors, and nuclear power.

Want to know more? Check out the source code on Calgary.tech.