BrainBox AI’s Series A round reaches $30 million following EDC top-up
BrainBox AI’s HVAC systems help buildings consume less energy.
Cleantech
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.
7 Generation Capital secures $8 million from Siemens, Fonds de solidarité FTQ
The Vancouver startup helps fleet operators transition to electric vehicles.
Clear Blue Technologies secures up to $4 million from FedDev Ontario
Clear Blue’s off-grid energy systems have been deployed in 37 countries.
MaRS, KPMG Canada partner to launch Climate Impact Accelerator
The accelerator aims to connect corporations with cleantech startups to advance climate innovation.
Trendi, Swede, Frontly the latest early-stage BC startups to secure funding
Three early-stage BC startups secure pre-seed and seed funding.
Nasdaq to acquire Montréal ESG software provider Metrio
Nasdaq’s last Canadian acquisition was Verafin for $2.75 billion USD.
Québec’s innovation minister “not happy” with province’s R&D commercialization
With new $7.5 billion SQRI2 strategy, Minister Pierre Fitzgibbon aims to close the productivity gap with Ontario.
BC startups Kardium, HTEC, Kobalt, Symvivo receive cumulative $11.1 million from feds
The four recipients operate in the life sciences, cleantech, and digital sectors.
Mara Renewables raises $39.5 million to expand algae-based offerings
Mara wants to promote use of Omega-3 from under the sea.