Exro Technologies shuts down US business as possible TSX delisting looms
Struggling EV tech company will cut non-essential US staff.
Cleantech
FeX Energy raises $4.8 million CAD on bet that iron can power the energy transition
McGill spin-out is piloting iron reactor for renewable energy storage targeting heavy industry.
North founders launch Jetson with “smart” home heat pump
Ex-Thalmic team targets home heating with software-first approach.
Wittington Ventures hires former MaRS IAF leader Zeeshan Ali as partner
Weston-backed VC adds Ali to help lead its cleantech and healthtech innovation fund.
Bo’s rollercoaster year ends in “seven-figure” acquisition
After layoffs, stalled funding, and doubts about survival, Montréal startup acquired by Tricentris.
Climate tech needs a plan B
Foresight Canada’s new program aims to accelerate climate adaptation ventures.
Exro Technologies CEO resigns as stock price plummets
Struggling EV tech company laid off 60 workers last week.
Feds invest $5.8 million to boost BC’s carbon management tech
Natural Resources Canada backs Agora, Anodyne Chemistries, and Svante as BC cements reputation as cleantech hub.
Calgary’s Energy Transition Centre secures $10-million expansion investment
OCIF and PrairiesCan among investors aiming to support training and commercialization.
Frontier signs $43.3-million CAD carbon removal deal with Planetary
Shopify-backed Frontier hopes Nova Scotia startup will change the ocean to reduce emissions.
General Fusion staves off funding crunch with $30 million CAD to fuel quest for commercial fusion power
CEO’s public plea answered as company resumes advancement of its fusion demonstration program.
Deep Sky boots up inaugural direct air carbon capture facility in Alberta
Cleantech company plans to remove 3,000 tonnes of CO2 from the air by the end of the year.
Canadian-led Aalo Atomics raises $100-million USD Series B for its nuclear power plans
The startup says it can now build its first power plant.
BDC commits another $200 million to startups building tech for legacy industries
Second Industrial Innovation Venture Fund to have increased focus on critical minerals.
Friendlier closes $4.5 million to help more food service operators ditch single-use containers
Guelph cleantech startup claims it has helped reuse over 3.3 million containers since 2019.