Svante buys Alberta’s Carbon Alpha Corp.
Deal includes Carbon Alpha’s North Star carbon capture project in Meadow Lake.
Cleantech
Damon CEO, CFO, and board resign following prolonged struggle on public markets
Company’s future uncertain as more than 3,000 people wait for a Damon electric motorcycle.
JetScaleAI secures $5.4 million to keep cloud costs and climate impact down
Former Dataperformers leaders aim to help companies optimize their cloud infrastructure.
CoeusAI establishes Dutch HQ after landing major offshore energy gig
Kitchener-Waterloo cleantech startup tapped to help Netherlands with North Sea Energy program.
Elle, MD, Hiive, and LiORA among latest CIX Startup Awards winners
Annual awards recognize top emerging, early-stage, and growth-stage Canadian startups.
pHathom Technologies raises $4 million to pilot its coastal carbon-capture tech
Halifax climate tech startup hopes to deploy full-scale commercial projects by 2030.
Carbon Upcycling names new CEO
CRO Markus Kritzler succeeds Apoorv Sinha, who has moved into the role of president.
Canadian water purification startup Xatoms makes a splash at World Economic Forum
Cleantech firm secures grant funding while representing Canada at Davos.
U of A partners with City of Edmonton to study hydrogen-powered vehicles
The partnership is the latest turn in a long saga of Edmonton attempting to green its fleets.
Cyclic Materials secures $75 million USD Series C to help it recover rare earth elements from waste
The Toronto company specializes in recycling end-of-life products.
General Fusion to go public on Nasdaq via $1-billion USD SPAC deal
BC company claims it will be the first publicly traded pure-play fusion company.
Canadian companies are generating massive returns in the “bioeconomy”
Just 84 early-stage companies generated nearly $900 million for Canada’s GDP.
Jetson raises $50-million USD Series A to heat more homes efficiently
Canadian VCs Garage Capital, Active Impact return to back electric heat pump startup.
Mangrove Lithium announces $85-million USD financing to power critical mineral refinement for EVs
Investment comes from Canada Growth Fund, BMW, and Bill Gates’ investment fund.
Oceantech accelerator Blue Action Canada opens applications for second cohort
Ocean Supercluster-backed program is looking for eight ambitious, blue-economy startups.