Active Impact Investments launches third climate tech seed fund with $70 million in initial commitments
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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. Vancouver-based Active Impact Investments has secured over $70 million CAD in initial commitments for…

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Metafold 3D closes $2.35 million CAD to fuel industrial adoption of 3D printing BetaKit
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Metafold 3D closes $2.35 million CAD to fuel industrial adoption of 3D printing BetaKit

Toronto startup has interest from sportswear and biopharma clients for its 3D printing tech. Metafold 3D, which wants to make it easier for manufacturers…

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Backed by Active Impact and Breakthrough, Othersphere secures $3 million to strategically locate climate tech projects
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Backed by Active Impact and Breakthrough, Othersphere secures $3 million to strategically locate climate tech projects

Victoria-based startup aims to drive industrial decarbonization with data analysis. Othersphere has closed over $3 million CAD in seed financing to develop its location…

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Hockeystick BC
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BC suffered biggest year-over-year venture funding drop among all Canadian ecosystems in 2022

Investment in the province’s tech startups fell by 67 percent in 2022. Most Canadian tech ecosystems were hit hard by the economic headwinds of…

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RailVision Analytics closes $5.5 million CAD to cut train emissions by curbing fuel consumption
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RailVision Analytics closes $5.5 million CAD to cut train emissions by curbing fuel consumption

Trucks choo-choo chooses RailVision following successful pilots with Via Rail, Metrolinx. RailVision Analytics has set out to help railway operators reduce diesel consumption—and by…

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Audette raises $12.8 million CAD to ‘level up’ decarbonization of buildings
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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. The built environment generates nearly 50 percent of annual global carbon…

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Hockeystick BC
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BC venture funding fell to a seven-quarter low in Q3 2022

Investor sentiment goes from FOMO to fussy as deal volume falls to three-year low. For the fifth straight quarter, venture funding in British Columbia…

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Metafold 3D secures $500,000 from Active Impact Investments to build 3D printing’s “missing piece”
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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. Born out of a geometry-focused consulting agency that has…

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Tengiva closes $5 million to tackle supply chain issues in the textile industry
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Tengiva closes $5 million to tackle supply chain issues in the textile industry

Montréal-based software startup Tengiva wants to help the textile sector modernize its supply chain operations. Tengiva claims to offer “the first digital supply chain…

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Swtch Energy secures $16.5 million CAD to expand its electric vehicle charging network to the US
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Swtch Energy secures $16.5 million CAD to expand its electric vehicle charging network to the US

Swtch wants to bring inexpensive EV charging to low income communities. Swtch Energy is charged up over securing $16.5 million CAD ($13 million USD),…

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