Calgary’s Clean Resource Innovation Network announced this month that it is funding 11 new projects.
The funding, which hails from Canada’s Strategic Response Fund, is being distributed via the Accelerating Cleantech Innovation Competition, which selected winners following a third-party review process coordinated by MaRS Discovery District.
CRIN President Scott Volk says the funding round supports a “wide range of projects” across the organization’s “seven theme areas, including methane emissions reduction, water technology development, and land and wellsite reclamation.”
Funding recipients include BioOilSolv, which garnered $1.M to develop a biomass-derived solvent to improve the efficiency of steam-assisted gravity drainage, and Scovan, which snagged $2M for HipVap, a High-Pressure Vapor Indirect Fired Steam Generator that converts untreated produced water at temperature and pressure into high-quality steam.
Acceleware garnered $2M for its RF XL v2, an all-electric oil recovery technology designed to economically produce heavy oil resources that are not viable with conventional methods while reducing environmental footprint.
With offices in Acheson, H2nanO snagged $450K for an energy efficient, modular solution for high salinity brine treatment and reuse.
Originating out of Polytechnique Montréal, Patience Enterprises attracted $755K to develop a trailer-mounted Micro-Refinery Unit that converts flared natural gas into higher-value liquid fuels using catalytic partial oxidation and Fischer–Tropsch synthesis.
VL Energy received $1.95M to commercialize its AI-based Multi-Operator Digital Methane Optimization Platform for oil and gas facilities that continuously models emissions, fuel efficiency, and equipment health using existing process data.
Ionada Canada Corporation grabbed $1M to develop a compact, modular carbon-capture system based on Hollow Fiber Membrane Contactor technology. And CarbonAi received $800K to tracks methane emissions so companies can reduce them more effectively, with an immutable and transparent record of all measurements and calculations.
Akine Well Optimization Services secured $800K for the RAVEN.007, an edge-to-cloud intelligence system for autonomous upstream operations. Meanwhile, MLCAN got $500K to develop an AI-powered Smart Flow Meter that measures oil, gas, and water production at the wellhead in real time.
And OptiSeis Solutions drew $500K for EcoSeis, a subsurface imaging technology that utilizes proprietary algorithms to place sources and sensors in an optimized pattern that reduces the environmental land footprint of seismic data acquisition projects.
“These innovations combine economic opportunities with environmental and public benefits and demonstrate meaningful collaboration between innovators and industry,” stated Volk.
“By supporting the commercialization of advanced clean technologies, we are ensuring Canadian companies are competitive in a net-zero future,” remarked Mélanie Joly, Minister of Industry.