Government of Canada, through Sustainable Development Technology Canada (SDTC), awarded $5.395M to vc-backed Metamaterial Technologies
SomaDetect awarded US $1 million grand prize by 43North. Suncayr received US $500,000 along with four other $500K recipients.
CHAR Technologies secured $1M grant from Government of Ontario through Ontario Centres of Excellence (OCE) with initial funding of $237,759. The company will receive three additional payments on milestone and project completion.
SDTC invested in Electrovaya ($3.8M), BionX ($3M), 3E Nano ($2.7M), GreenMantra ($2.2M), Peak Power ($1.9M), Vive Crop Protection ($1.8M)
Sustainable Development Technology Canada (SDTC) invested $7.7M in Magpie Mines Inc. ($3.9M), E2Metrix Inc. ($2M), FlyScan Systems Inc. ($1.8M)
Fight Against Cancer Innovation Trust (FACIT)'s Prospects Oncology Fund invested $375K in Radialis Medical, KA Imaging, DNAstack
Government of Canada launched $1.26B SDTC fashioned Strategic Innovation Fund that "will attract high-quality business investments leading to more jobs, skills and opportunities for Canadians".
BDC Capital, Eagle Cliff Partners, Innovacorp, 350 Capital backed CarbonCure Technologies secured $510K SDTC funding
Export Development Canada provided $6.5M credit facility to BW Ventures and Statoil backed Corvus Energy
Sustainable Development Technology Canada (STDC) invested $7.85M in venture-backed Ranovus Corp., Heliene Inc. and BioLINE Corp.
Lockheed Martin invested in Gastops, Contextere, Metamaterial , Solace Power as part of its Industrial and Technological Benefits (ITB) obligations
Ag-West Bio approves $300K investment in Smart Earth Seeds, contingent on leveraging investment up to $2M from other investors