NorthX Climate Tech this week announced $3 million in non-dilutive investments in four companies developing breakthrough technologies targeting high-emitting industrial sectors.
The funding will support ShiftX Technologies, Kinitics, CURA, and Hydron Energy as they accelerating pilot deployments and advance pathways to commercial scale across energy, heavy industry, and resource-based systems.
“Clean technology innovation is essential to strengthening Canada’s industrial and climate competitiveness,” says Tim Hodgson, Minister of Energy and Natural Resources.
“Projects like these are made-in-Canada solutions to improve efficiency, build stronger supply chains, and create good jobs, while positioning Canada as a clean energy superpower and the strongest economy in the G7,” the minister remarked.
ShiftX Technologies is developing a cleaner, more compact hydrogen production system that operates at lower temperatures and costs than conventional methods, making it suited for industrial and marine fuel applications.
Kinitics Automation is commercializing a zero-emission, drop-in replacement for the methane-venting pneumatic devices widely used in natural gas operations.
CURA is producing zero-carbon lime at commodity-competitive prices through an electrochemical process that captures pure CO₂ for permanent storage. The technology is designed to retrofit directly into existing cement and lime plants, requiring no new supply chains or changes to existing processes.
Hydron Energy, a Foresight 50 firm, is expanding its RNG-based platform into direct air capture, enabling carbon-negative CO₂ removal while recovering rare gases critical to satellite propulsion and other high-value applications.
“Reducing emissions and building a thriving economy are not mutually exclusive,” posits Adrian Dix, Minister of Energy and Climate Solutions. “By driving industrial decarbonization, you can have it both ways,” said Adrian Dix, Minister of Energy and Climate Solutions for British Columbia.
“By funding cutting-edge companies like ShiftX Technologies, Kinitics, CURA, and Hydron Energy, NorthX is not only supporting our government’s methane emission reduction and industrial decarbonization goals but is also making BC more competitive on the world stage,” Dix stated.
Founded in 2021 with an initial investment from the BC Government, the Government of Canada, and Shell Canada, NorthX Climate Tech is a catalyst for climate action, funding the climate hard-tech solutions that transform industries.
“Industrial decarbonization is one of the most important and complex opportunities in the global energy transition and we believe BC is uniquely positioned to lead,” explains Sarah Goodman, chief executive officer of NorthX.
“These companies are developing the kinds of hard tech solutions that can transform how major industries operate, reducing emissions while strengthening economic growth and long-term climate competitiveness,” Goodman said.
So far, NorthX has deployed nearly $60 million in capital across more than 80 projects, spurring hundreds of new jobs and over $600 million in follow-on funding.