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.
Cleantech
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.
Direct-C closes $3.9 million Series A from Henkel and GreenSky to scale oil leak detection tech
University of Calgary spinout sees applications for its tech beyond oil and gas.
Metafold 3D secures $500,000 from Active Impact Investments to build 3D printing’s “missing piece”
Idea behind Metafold was spun out of co-founders’ consulting work with a major sportswear manufacturer.
Report maps Canadian sustainable proptech industry and nearly $1.5 billion in investments
Amp Energy, GoBolt, Ecobee, Brainbox AI among top funded startups in the sector.
Aurora Hydrogen secures $12.85 million CAD from Shell, Chevron to build demonstration plant
Aurora is developing clean hydrogen tech without consuming water.
General Fusion picked for fusion power plant projects with US Department of Energy
General Fusion awarded funding from DoE to work with American national labs.
BrainBox AI’s Series A round reaches $30 million following EDC top-up
BrainBox AI’s HVAC systems help buildings consume less energy.
Avatar Innovations receives up to $500,000 investment from OCIF for carbontech accelerator
Avatar Innovations wants to spark innovation in Calgary’s energy sector.
GreenCentre Canada secures over $2.5 million from FedDev Ontario to launch cleantech accelerator program
Waterloo-based ALT TEX, Material Futures among startups selected to join the program.
TransPod unveils “ultra-high-speed” FluxJet vehicle as it begins construction on proposed Alberta track
TransPod aims to offer transportation between Edmonton and Calgary that’s “faster than a jet and three times as fast as…
BMO to acquire carbon offsets developer Radicle
Radicle’s software measures and aggregates greenhouse gas emissions.
Moment Energy signs supply agreement with Mercedes-Benz to repurpose used EV batteries
Moment Energy previously worked with Nissan in a similar deal.
BC’s Centre for Innovation and Clean Energy funds eight projects for inaugural Open Call for Innovation
Awarded projects range from energy storage systems to clean hydrogen.