The Canadian AI Index

Founders / Doug Schweitzer

Doug Schweitzer

Doug Schweitzer is a co-founder of Ultimarii, an energy and climate AI company based in Calgary. Doug Schweitzer co-founded Ultimarii with Josh Malate. Ultimarii had raised C$18.2M across 2 rounds as of November 2026, most recently a C$13M Series A in September 2026 led by BDC Industrial Innovation Venture Fund and Mistral Venture Partners. The Canadian AI Newsletter last covered Ultimarii in September 2026.

Co-founder of Ultimarii.

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Ultimarii

AI for regulatory and permitting work on energy, utility and mining projects.

Role
Co-founder
HQ
Calgary, AB
Founded
2024
Status
Active
Disclosed raised
C$18.2M
Latest round
Series A, Sep 10, 2026
Website
ultimarii.com

Co-founders: Josh Malate

Investors: BDC Industrial Innovation Venture Fund, Mistral Venture Partners, Staircase Ventures, Alpaca VC, Scale Good Fund

In the newsletter

Founders are listed as named in primary coverage of their companies. Profile links are matched to the company before they are published. To correct this page or ask for it to be removed, email the Index.

Data as of November 10, 2026.

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