Tag: Climate
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…
New Brunswick Innovation Foundation, Opportunities NB inject $2-million top-up to Climate Impact Fund
Solutions for low-emission ocean transport and electric motors in cars among past recipients. The New Brunswick Innovation Foundation (NBIF), an independent, private organization, is…
BDC’s Climate Tech Fund backs Carbon Upcycling in new $34.4 million CAD round
Calgary startup claims to reduce the amount of resource-intensive cement used in concrete production by up to 20 percent. Calgary-based cleantech startup Carbon Upcycling…
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…
Harvest Venture Builders adopts AI focus with new climate and energy vertical
Leaders from energy, FinTech sectors appointed to support Harvest’s new vertical. Calgary-based venture studio Harvest Venture Builders is adopting an artificial intelligence (AI)…
Carbon Neutral Club secures $1.4 million to incentivize employees to help companies meet climate targets
Startup sees employee action as missing piece for orgs looking to reduce emissions. As many firms struggle to meet their emissions targets, Toronto-based Carbon…
Amazon climate tech fund backs Genecis to turn food waste into bioplastics
Amazon is exploring ways to use Genecis’ bioplastics in its own packaging. Toronto-based cleantech startup Genecis Bioindustries is receiving funding from Amazon as part…
Federal government’s Climate Action and Awareness Fund invests $58 million into 24 cleantech projects
Volkswagen fines fuel climate projects at Canadian universities. The Government of Canada has announced up to $58 million in investment into 24 projects using…
Mila, Intel expand partnership to use AI for addressing climate change, digital biology
Intel initially teamed up with Mila last April to accelerate drug discovery. Montréal-based artificial intelligence (AI) research institute Mila is expanding its partnership with…
Idealist Capital secures $250 million initial close for new climate impact fund
The fund is led by Québec business leaders with ties to Power Corp and Bombardier. New climate impact fund Idealist Capital has secured a…