As national conversations continue around Canada’s role as a global energy superpower, a new scholarship initiative is putting youth perspectives front and centre. Energy Creates, a national scholarship contest launched in 2024, is awarding five full-tuition scholarships—each worth up to $100,000—to students aged 15–25 whose creative projects envision a future for Canadian energy rooted in […]
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Active Impact Investments Closes $110M Fund for Climate Innovation Startups
Active Impact Investments announced this week that it has closed its third fund at $110 million. This makes Vancouver-based Active Impact Canada’s largest climate tech seed fund with total assets under management to over $180 million. At nearly twice the size of Active’s previous fund, the new fund is “doubling down on the Canadian market […]
Exterra Carbon Solutions Garners $20M Series A from BDC Capital and Others
Montreal’s Exterra Carbon Solutions this week secured a $20 million round of capital. The $20M Series A was co-led by Clean Energy Ventures and BDC Capital, with the participation of the Government of Quebec, Investissement Quebec, MOL Switch, and Kinetics, according to a statement from the Canadian cleantech. Exterra specializes in transforming legacy mining waste […]
CHAR Tech Partners with The BMI Group to Build Renewable Energy Production Facility
Toronto’s CHAR Technologies is forging a strategic partnership with BMI Group, the two companies announced this week. BMI Group, an industrial development company, is investing $2 million into CHAR, a renewable energies startup. The BMI Group is the largest owner and redeveloper of end-of-use paper mills in Ontario. CHAR Tech, meanwhile, is behind a temperature […]
Imperial Donates $37M Energy Research Facility to SAIT to Advance Innovation and Clean Tech
In a record-setting show of industry-academic collaboration, Imperial Oil has donated a $37 million research facility to Calgary’s Southern Alberta Institute of Technology (SAIT) — the largest corporate gift ever made to a post-secondary institution in Alberta. The 40,000-square-foot Imperial Energy Innovation Centre, located in Calgary’s Quarry Park, will become a new engine for applied […]
Canadian Startup Cvictus Applies Capital to Scale Sustainable Livestock Feed Solution
A Calgary-based biotechnology startup believes it is poised to transform the way the world’s livestock is fed by providing a low-cost, low-carbon, sustainable alternative to fish or soybean meal. Cvictus is on a mission to resurrect a proven, decades-old industrial fermentation process that converts methanol into a high-protein material used in animal feed. First commercialized […]
Foresight Canada Opens Applications for 2025 Foresight 50 Cleantech Showcase
Foresight Canada is now accepting applications for its fifth annual Foresight 50 program, which spotlights 50 of the country’s most investible cleantech ventures to a global network of investors. The initiative connects Canadian startups tackling environmental and economic challenges with the capital and connections needed to scale their impact. Since its launch in 2021, the […]
B.C. Upstart Svante Testing Commercial Viability of Carbon Capture Tech in Alberta
A Burnaby-born company is advancing its clean technology in Alberta. Svante Technologies, which specializes in carbon capture, this week revealed progress in its project with Mercer International, a global producer of forest products such as pulp, lumber, and timber. The collaboration is now at the Front-end Engineering and Design Phase 2, or FEL-2, according to […]
Raiven Capital Launches US$100M Fund to Invest in Climatech Startups Across Canada
A new venture capital fund is targeting climate solution startups across Canada and beyond. Raiven Capital this week announced the launch of Raiven Climatech, a US$100M fund aiming to invest in “high-growth startups building digital infrastructure to solve global sustainability and climate challenges.” The fund will focus on scalable, intelligent systems—leveraging AI and IoT to […]
Report Highlights the ‘Clear Momentum’ of Zero-Emission Vehicle Adoption in B.C.
Since 2011, the Province of British Columbia has invested more than $650 million to support residents of the region toward adopting zero-emission vehicles such as Teslas. A recently published report from the Province titled “Zero-Emission Vehicle Update 2024” shows that, as a result of this strong government support, British Columbia remains a leader in the adoption of […]