Year in review: biggest tech stories of 2022, 2023 predictions
Plus: 2022’s most overlooked tech stories.
Cleantech
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.
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.
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.