Serenity Power wins $100K Women+ Pitch Prize at Elevate
Black Innovation Zone and Moneris eCommerce North also crown pitch winners.
Cleantech
BDC Capital’s Cheri Corbett joins Pender Ventures as partner
Calgary-based Corbett joins a month after Isaac Souweine left the fund.
Deep Sky aims to build one of the world’s largest carbon capture facilities in Manitoba
Province has “ideal geology” for $500-million facility’s carbon storage.
Cyclic Materials the first Canadian company to crack MIT Technology Review’s climate tech list
Annual list highlights “the most promising” companies tackling climate change on the planet.
Exro Technologies shuts down US business as possible TSX delisting looms
Struggling EV tech company will cut non-essential US staff.
FeX Energy raises $4.8 million CAD on bet that iron can power the energy transition
McGill spin-out is piloting iron reactor for renewable energy storage targeting heavy industry.
North founders launch Jetson with “smart” home heat pump
Ex-Thalmic team targets home heating with software-first approach.
Wittington Ventures hires former MaRS IAF leader Zeeshan Ali as partner
Weston-backed VC adds Ali to help lead its cleantech and healthtech innovation fund.
Bo’s rollercoaster year ends in “seven-figure” acquisition
After layoffs, stalled funding, and doubts about survival, Montréal startup acquired by Tricentris.
Climate tech needs a plan B
Foresight Canada’s new program aims to accelerate climate adaptation ventures.
Exro Technologies CEO resigns as stock price plummets
Struggling EV tech company laid off 60 workers last week.
Feds invest $5.8 million to boost BC’s carbon management tech
Natural Resources Canada backs Agora, Anodyne Chemistries, and Svante as BC cements reputation as cleantech hub.
Calgary’s Energy Transition Centre secures $10-million expansion investment
OCIF and PrairiesCan among investors aiming to support training and commercialization.
Frontier signs $43.3-million CAD carbon removal deal with Planetary
Shopify-backed Frontier hopes Nova Scotia startup will change the ocean to reduce emissions.
General Fusion staves off funding crunch with $30 million CAD to fuel quest for commercial fusion power
CEO’s public plea answered as company resumes advancement of its fusion demonstration program.