Climate tech VC ArcTern Ventures closes $450-million CAD Fund III from large institutions
ArcTern’s LPs include TD, CPPIB, Allianz, OPTrust, Church Pension Group, and Credit Suisse.
Cleantech
Climate tech VC Blue Vision Capital adds Vladimir Savic to support global ambitions
London, UK-based Savic previously held roles with Cibus and EBRD.
Eavor, Ionomr Innovations, Summit Nanotech among 13 Canadian companies named to 2024 Global Cleantech 100
Seven of the 13 Canadian cleantech companies hail from British Columbia.
Social Finance Fund-backed Realize Capital Partners reveals first nine investments
Recipients include Idealist, Maple Bridge, PaceZero, Raven, Relentless, and The51.
Ionomr Innovations raises $26.7 million CAD to boost green hydrogen sector
Simon Fraser University spinout has raised $55.4 million CAD to date.
Friendlier closes $5-million seed extension for reusable packaging solution
Cleantech startup claims it has helped reuse over one million containers.
Innovate BC, NRC IRAP invest $2 million into 13 BC cleantech companies
BC Fast Pilot program has invested $9.9 million into 75 projects to date.
Diagram Ventures announces new $60-million VC fund to build and back early-stage cleantech startups
The ClimateTech Fund is co-anchored by Québec and Sagard.
Two years after Graphite Ventures spinout, MaRS IAF is ready to invest again
With new hires, managing director says IAF has achieved “critical mass.”
Vancouver, Toronto-Waterloo, Calgary among the top 50 global cleantech ecosystems
Atlantic Canada ranks third in top North American oceantech startup ecosystems.
Spring Impact Capital launches $20-million fund to back cleantech, healthtech startups
New impact fund sprung out of Spring to focus on “human and planetary health.”
Geomega receives $2 million from NGen for rare earth element recycling plant
Geomega’s recycling plant will help turn magnet scrap into rare earth elements used in electric vehicles.
Federal Fall Economic Statement promises to expand Payments Canada eligibility, introduce open banking legislation in 2024
Canada commits to “consumer-driven finance” and more powers for the Competition Bureau.
Active Impact Investments launches third climate tech seed fund with $70 million in initial commitments
LPs include Northleaf, Fondaction, Co-operators, Deloitte Ventures, University of Victoria.
McGill, venture studio BXVentures spin out cleantech venture FeX Energy
FeX Energy uses metal fuel technology to generate renewable energy.