Prevu3D raises $13.3 million CAD to help enterprises take “first steps” into industrial metaverse
Prevu3D claims 3D digital twins can reduce industrial carbon footprint.
Cleantech
Federal government reveals breakdown of $700 million renewed commitment to Innovation Clusters
Renewed funding follows previous lobbying efforts to increase investments into clusters.
Thinkific, WonderFi, VerticalScope face leadership changes following layoffs
Canadian tech companies hit with executive exodus amid sector downturn.
Harvest Builders, Headversity, among 15 recipients of $25.5 million PrairiesCan investment for Calgary businesses
The funding is expected to support over 800 jobs in healthtech, cleantech, other sectors.
Alberta Innovates’ Bryan Helfenbaum on the future of energy in Canada
Executive director says clean tech can help maintain prosperity while driving toward a net-zero economy.
Summit Nanotech secures $50 million USD to scale lithium extraction for EV production
The Calgary startup aims to build the “lithium mine of the future.”
Terramera forms new subsidiary to address more problems facing farmers
EnrichAg closes $6 million USD in “evolution in Terramera’s history.”
Ocean Supercluster launches initiative to increase Indigenous participation in ocean economy
The global innovation cluster is contributing $230,000 for the first phase of the initiative.
Year in review: biggest tech stories of 2022, 2023 predictions
Plus: 2022’s most overlooked tech stories.
Newly announced investment tax credits a huge leap forward for cleantech cashflow
Cleantech leaders think feds’ Fall Economic Statement did not disappoint.
Innovobot holds initial close of targeted $40 million fund to invest in “deep tech for good”
The fund has secured $14 million from entrepreneurs and family offices.
InBC announces first three venture fund investments: Evok Innovations, Raven Capital, Yaletown Partners
InBC backs trio of VC funds focused on climate change, reconciliation, and innovation.
MineSense Technologies raises $42 million in JP Morgan-led Series E round
The Vancouver startup wants to expand the capabilities of its digital mining solutions beyond copper.
Foresight 50 list names Canada’s “most investable” cleantech firms
Second annual list identifies firms like Terramera, Ekona Power, Summit Nanotech.
Avatar Innovations targets $3 million for new decarbonization tech fund
Avatar has secured Cenovus Energy as its lead investor.