CleanTech

Damon Motors to go public on NASDAQ by way of RTO of Inpixon

CPE News

Pallasite Ventures and House of Lithium backed Damon Motors to go public on NASDAQ by way of reverse take-over of Inpixon with a deemed valuation of US $224-284M.

Inmotive secures strategic investment from Suzuki

CPE News

Paul Bottero and Anthony Wong led Inmotive secured a strategic investment from Suzuki Motor Corporation, via the Suzuki Global Ventures (SGV) fund.

Qube Technologies secures Series B financing

CPE News

Alex MacGregor and Tej Grewal founded Qube Technologies secured Series B funding led by Riverbend Energy Group. Riverbend's Eric Danziger will join Qube's board of directors.

CDPQ and IQ to back Ember’s privatization of H2O

CPE News

Ember Infrastructure to take H2O Innovation private for $4.25 per share for $395M. CDPQ and key executives will rollover portion of their holdings and Investissement Québec to roll over all of 9,003,544 shares and acquire additional 4.7M shares from Ember.

Relocalize secures US $2.5M seed financing

CPE News

D. Wayne McIntyre, Grant Jobb and Graham Campbell led Relocalize secured US $2.5M initial closing of a US $3.5M seed funding round ked by i4 Capital and Waterpoint Lane with participation of RGS Ice, LLC.

Green Graphite Technologies secures $2.2M seed financing

CPE News

Gillian Holcroft and Kevin Watson founded Green Graphite Technologies secured $2.1M seed financing co-led by BDC Capital and Sustainable Chemistry Alliance, with participation from a private investor.

VC-backed FLO secures $60M revolving credit facility from National Bank

CPE News

CDPQ, Investissement Québec and Energy Impact Partners backed FLO secured a $60 million revolving credit facility from National Bank of Canada's Technology and Innovation Banking Group.

GeologicAI secures additional US $10M Series A funding

CPE News

Yannai Segal and Grant Sanden led GeologicAI secured additional US $10M Series A funding from Export Development Canada, bringing total Series A funding led by Breakthrough Energy Ventures to US $30M.

Oneka Technologies secures 1st tranche of Series A

CPE News

Dragan Tutic's Oneka Technologies closed first tranche of Series A with $12.5M investment led by the Hoffecker Family with participation of Horizon Capital Holdings, AQC Capital, the Wilson Family, Propulia Capital, Invest Nova Scotia, others.

Arolytics closes seed financing

CPE News

Emmaline Atherton, David Risk, Liz O'Connell founded Arolytics secured additional seed funding led by BDC Capital with participation of Metiquity Ventures, Accelerate Fund III, StartupTNT. BDC's Anamika Mukherjee joined Arolytics board.

SensorSuite announces new CEO, Hazelview investment

CPE News

SensorSuite appointed Kristian Lavereau as its new CEO and secured investment from Hazelview Ventures which joined BDC Capital and Greensoil Building Investment Fund as shareholders.

Flyscan secures strategic investment from Marathon Petroleum

CPE News

Eric Bergeron led Flyscan Systems secured financing from Marathon Petroleum which joined BDC Capital, Hatch, Enbridge as investors/shareholders. Shawn M. Lyon from Marathon Petroleum joined Flyscan board.

GHGSat secures US $44M in Series C1 equity and debt financing

CPE News

GHGSat secured US $44M Series C1 equity and debt funding from Fonds de solidarité FTQ, BDC Capital, Investissement Québec, Climate Investment, Japan Energy Fund and debt facility from The Bank of Montreal (BMO).

dcbel secures US $50M+ Series B led by Idealist Capital

CPE News

Marc-Andre Forget and Dan Fletcher led dcbel secured US $50M+ Series B funding led by Idealist Capital with participation of Coatue, Volvo Cars, Kevin Mahaffey, Real Ventures and Investissement Québec. Pierre Larochelle of Idealist Capital will join dcbel board.

Occidental to acquire Carbon Engineering for US $1.1B

CPE News

Occidental to acquire 100% of Carbon Engineering Ltd. for US $1.1B from other investors, Chevron Technology Ventures, BHP Ventures, Airbus Group SE, Air Canada, First Round Capital Lowercase Ventures, Bill Gates, Thomvest Ventures, Starlight Ventures, and others.

General Fusion closes 1st tranche of Series F

CPE News

General Fusion raised US $25M in combined 1st close of Series F led by BDC Capital and GIC and grants from Government of British Columbia and Canadian Government's Strategic Innovation Fund (SIF)

Carbon Upcycling secures US $26.1M Series A

CPE News

Apoorv Sinha founded Carbon Upcycling secured US $26.1M Series A led by BDC Capital and OGCI Climate Investment with participation of Clean Energy Ventures, Amplify Capital, Oxy Low Carbon Ventures, CRH Ventures, Cemex Ventures, Local Investing YYC Cooperative, and private investors.

IQ, Fonds de solidarité and Fondaction to invest US $74M in Lion Electric

CPE News

Investissement Québec, Fonds de solidarité FTQ and Fondaction to invest US $74M in The Lion Electric Company as part of US $142M financing package. Largest shareholder Power Energy Corporation is not taking part in financing.