Ex-General Fusion employee raises $4 million USD for fusion diagnostics startup Daedal
Toronto-based firm provides plasma measurement systems for fusion companies.
Cleantech
Cleantech’s opportunity is sustainable, reliable, and valuable supply chains
At Nrth Festival, founders laid out the value of investing in cleantech to shore up critical mineral supplies.
Kanin Energy raises $138 million for waste heat to power development
Calgary- and Houston-based cleantech company received funding from S2G Investments and Canada Growth Fund.
Amplify Capital prepares to place more early-stage bets with $60-million third impact fund
Ten-year-old VC firm will back up to 30 companies, with a focus on climate, health, and work tech.
Cura raises $10 million USD to scale low-carbon cement technology
Calgary startup is expanding its team and building a pilot plant near Taber, Alta.
Wittington Ventures closes third, $180-million VC fund
Weston family-backed firm plans to back 15 more startups.
Manitoba invests $4 million to develop geothermal neighbourhood
The project is part of the province’s Net Zero Action Plan aimed at reducing carbon emissions.
RBC launches billion-dollar Canadian tech growth fund
Canada’s biggest bank wants to help the country’s next tech champions scale.
Feds pump $11 million into BC tech, including solar and drone delivery
Funding includes nearly $3 million to UBC and almost half a million to Open Waters Solar.
BlackTech Capital launches $2-million fund to back underrepresented cleantech founders
Firm holds $500,000 first close for fund to back early-stage companies led by underrepresented entrepreneurs.
How a giant battery is transforming a town centre in Cannington, Ontario
Toronto startup Civic Grid is trying to put a new face on public power sources.
Max Power is maxing out geological exploration with AI
The mining company drilled Canada’s first well dedicated to natural hydrogen. Now it’s looking to commercialize.
Calogy secures $1.2-million contract to power Jaunt’s autonomous drones
Sherbrooke cleantech startup to design lightweight battery system for Jaunt’s next-generation aircraft.
General Fusion “pleased” with public-market debut after redemption-heavy SPAC deal
Deal gives fusion company enough cash to complete its current program.
General Fusion begins trading on Nasdaq, becomes first nuclear fusion company to go public
Richmond, BC-based firm hopes to make nuclear fusion power plants commercially viable.