Tag: energy
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…
Loop Energy lays off majority of staff, citing challenging capital market conditions
Hydrogen fuel cell firm terminates 84 employees, shuts China office. Hydrogen fuel cell company Loop Energy (TSX: LPEN) is laying off 65 percent of…
Founders of VendorPM, Shakudo, Moment Energy among C100’s 2023 fellows
C100 also appointed PointClickCare CEO Mike Wessinger, Kijiji founder as co-chairs. Non-profit Canadian tech member association The C100 has unveiled the participants in this…
Alberta looks to hydrogen as the “next frontier” in energy, invests $45 million in related technologies
The financing will come via Alberta Innovates and Emissions Reduction Alberta. Alberta is pumping $45 million into hydrogen-related technologies. The province, best known for…
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)…
Eavor secures $80 million to support Austrian oil and gas firm OMV’s transition to green energy
The geothermal startup previously said it plans to raise $145 million in Series B funding this year. Calgary-based startup Eavor, which offers geothermal technologies…
PacifiCan invests over $4 million into Indigenous-led clean energy, tech upskilling projects
First Nations Technology Council, BC Indigenous Clean Energy Initiative secure funding. The Pacific Economic Development Agency of Canada (PacifiCan) is investing over $4…
Energy management startup Peak Power raises $47 million CAD to expand across US
Peak Power to expand energy storage tech as new US tax incentive drives adoption. Toronto cleantech startup Peak Power has raised $47.2 million CAD…
BDC launches $150 million Sustainability fund in revamp of Industrial, Clean and Energy Technology Venture Fund
The Sustainability Venture Fund is set to complement BDC’s $400 million Climate Tech Fund. BDC Capital has launched a new, $150 million CAD venture…
Mining, energy companies lead TSXV’s list of 50 top-performing public companies
Newfoundland’s Kraken Robotics tops technology category. The TSX Venture Exchange (TSXV) has unveiled its annual ranking of the 50 top performing companies on the…