Active Impact Investments launches third climate tech seed fund with $70 million in initial commitments
Posted in General

Active Impact launches $120-million third cleantech fund, Feds release Fall Economic Statement

Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features, and editorials published on BetaKit. If…

Continue Reading Active Impact launches $120-million third cleantech fund, Feds release Fall Economic Statement
Active Impact Investments launches third climate tech seed fund with $70 million in initial commitments
Posted in General

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…

Continue Reading Active Impact Investments launches third climate tech seed fund with $70 million in initial commitments
Backed by Active Impact and Breakthrough, Othersphere secures $3 million to strategically locate climate tech projects
Posted in General

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…

Continue Reading Backed by Active Impact and Breakthrough, Othersphere secures $3 million to strategically locate climate tech projects
Mozilla Hubs
Posted in General

Mozilla acquires Canadian-founded startups Pulse, Active Replica to fuel metaverse strategy

The company behind web browser Firefox wants to deliver its own metaverse. Mozilla Organization, the company that created the web browser Firefox, has completed…

Continue Reading Mozilla acquires Canadian-founded startups Pulse, Active Replica to fuel metaverse strategy
Metafold 3D secures $500,000 from Active Impact Investments to build 3D printing’s “missing piece”
Posted in General

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…

Continue Reading Metafold 3D secures $500,000 from Active Impact Investments to build 3D printing’s “missing piece”
Waterloo Hockeystick
Posted in General

With only four deals closed, Q2 2022 was Waterloo Region’s least active funding quarter in three years

Only another Faire megadeal rescued Waterloo Region from its lowest investment quarter in a year. Another Faire megadeal may have beefed up the Waterloo…

Continue Reading With only four deals closed, Q2 2022 was Waterloo Region’s least active funding quarter in three years
Terramera, Ekona Power, and Active Impact Investments winners at 2022 BC CleanTech Awards
Posted in General

Terramera, Ekona Power, and Active Impact Investments winners at 2022 BC CleanTech Awards

Other winners include a partner at Pangaea Ventures; Jonathan Wilkinson, federal minister of natural resources. Terramera, Ekona Power, and Active Impact Investments were some…

Continue Reading Terramera, Ekona Power, and Active Impact Investments winners at 2022 BC CleanTech Awards