Tag: cleantech
Two years after Graphite Ventures spinout, MaRS IAF is ready to invest again
Since its launch in 2008, the Toronto-based MaRS Investment Accelerator Fund (IAF) has grown into one of the country’s most active early-stage venture capital…
Vancouver, Toronto-Waterloo, Calgary among the top 50 global cleantech ecosystems
Atlantic Canada ranks third in top North American oceantech startup ecosystems. Atlantic Canada’s startup ecosystem is carving a significant niche in the global blue…
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.” Vancouver-based Spring Impact Capital is rolling out a new impact-focused…
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…
Geomega receives $2M from NGen for rare element recycling plant
Geomega’s recycling plant will help turn magnet scrap into rare earth elements used in electric vehicles. Montréal-based Geomega Resources has received $2.04 million from…
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. While light on new funding for the country’s innovation economy, the federal…
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…
McGill, venture studio BXVentures spin out cleantech venture FeX Energy
FeX Energy uses metal fuel technology to generate renewable energy. McGill University and venture studio BXVentures have officially spun out their first joint cleantech…
Hopper-linked Deep Sky closes $57.5-million Series A to make Canada a “carbon removal capital”
Barely a year old, the Montréal cleantech startup has already amassed $75 million in total funding. Montréal-based carbon-capture startup Deep Sky has closed $57.5…
Ambyint is repatriating its headquarters to Calgary after three years in Houston
Ambyint CEO says Alberta’s “strong tech ecosystem” fueled the move back to Canada. Ambyint, which provides AI-powered optimization software for the oil and gas…