UgoWork closes $22.8 million Series B to help expand the use of lithium-ion batteries in Fortune 500
Canada ranks second in Bloomberg’s lithium supply chain ranking.
Cleantech
Federal government’s Climate Action and Awareness Fund invests $58 million into 24 cleantech projects
Volkswagen fines fuel climate projects at Canadian universities.
Nobul, Hopper top Deloitte Canada’s fastest growing startups lists for 2022
Annual survey of tech execs expresses concerns over access to capital, talent.
Audette raises $12.8 million CAD to ‘level up’ decarbonization of buildings
The Victoria-based startup plans to expand from five to 150 North American cities.
Report: Atlantic Canada 10th strongest blue economy startup ecosystem globally
Vancouver closely follows at 14th, with Calgary 27th, and Toronto-Waterloo 35th.
BDC commits $400 million for second cleantech-focused fund
Climate Tech Fund II focuses on reducing greenhouse gas emissions.
Parity raises $8 million to target wasteful emissions in buildings
New legislation fighting climate change in US could benefit Parity.
Innovate BC awards $2.3 million to eight R&D projects
Terramera, HTEC among recipients of this year’s funding.
Giatec receives $5 million from BDC Capital’s Cleantech Practice to bolster concrete testing tech
Giatec’s clients include construction firms like AECOM, McCarthy.
Creator Jacket, Litus named winners in Elevate 2022 pitch competitions
Creator Jacket won $15,000, while Litus secured $100,000 from The Firehood.
BC Tech Association reveals four finalists for 2022 startup award
Final winner will be named on Oct 6th at the Technology Impact Awards gala.
Ideon Technologies raises $21 million CAD Series A to fuel transition to low-impact mining and EVs
Ideon’s platform enables mining companies to “drill less and discover more.”
Idealist Capital secures $250 million initial close for new climate impact fund
The fund is led by Québec business leaders with ties to Power Corp and Bombardier.
Meet the five Canadian startups participating in Y Combinator’s Summer 2022 Demo Day
Smallest #CDNtech group since Winter 2019 features four Toronto companies and one from Edmonton.
Vive Crop Protection secures $34 million CAD Series C to drive AgTech R&D
Amid competition from major ag chemical firms, Vive sees R&D speed, efficiency as a differentiator.