List highlights 10 fast-growing, impactful SDTC-backed Canadian cleantech firms
byMara Renewables, MineSense, Ecopia AI crack the list alongside returnees Saltworks, Hifi, among others.
AgTech
ChrysaLabs raises $15 million to help farmers unearth soil data using AI
byChrysaLabs’ soil-testing tech has been used on over two million acres of farmland.
The51 closes $30 million of targeted $50-million Food and AgTech Fund
byLPs include Farm Credit Canada, Alberta Enterprise Corporation, and National Bank of Canada.
Vivid Machines raises $5.8 million CAD to help growers virtually monitor fruit trees
byToronto startup uses imaging and AI to monitor crop production.
Government of Canada to launch $250 million initiative to train skilled workers
byIn record-tight labour market, feds aim to upskill workers for high-growth industries.
Croptimistic acquires CropPro Consulting, secures $9.1 million from Forage Capital
byCory and Shannon Willness first built CropPro in 2003, then Croptimistic in 2018.
After selling startup to Instacart, New School Foods founder raises $15.9 million CAD to create plant-based meat
byToronto startup’s tech can produce plant-based salmon fillets.
SVG Ventures Thrive aims to raise $75 million CAD for third agrifood fund
byThe fund will make initial investments in seed to Series A agrifood startups.
Smart horticultural lighting provider Sollum closes $30 million CAD to expand library of ‘light recipes’
bySollum previously received government grants to support the production of greenhouse tomatoes, strawberries.
Two Canadian companies chosen for John Deere’s 2023 Startup Collaborator program
byIn a growing global AgTech market, “Canadian innovation leads the pack.”
ReelData raises $10.6 million CAD using AI to monitor fish populations
byHalifax startup reels in cash to help farmers monitor fish populations with accuracy.
Terramera forms new subsidiary to address more problems facing farmers
byEnrichAg closes $6 million USD in “evolution in Terramera’s history.”
Founding CEO of agtech unicorn Semios stepping down
by“We transformed a theory I had … into one of the world’s largest agtech companies.”
Ferme d’Hiver raises $46 million CAD to replace 10 percent of Canada’s strawberry imports
byFerme d’Hiver aims to juice Canada’s domestic strawberry supply.
Foresight 50 list names Canada’s “most investable” cleantech firms
bySecond annual list identifies firms like Terramera, Ekona Power, Summit Nanotech.