Following IPO withdrawal, Redaptive, Inc. raised US $200M from CPP Investments. Existing investors Linse Capital and CBRE will also participate in the investment.Continue Reading
Power Sustainable Capital Inc. increased stake in The Lion Electric Company (NYSE/TSX: LEV) from 33.9% to 35.4% with investment of US $25M, part of Lion Electric’s US $50M offering led by B. Riley Securities and National Bank Financial Inc. Continue Reading
MineSense Technologies Ltd. secured US $42M Series E funding led by J.P. Morgan Asset Management’s Sustainable Growth Equity with participation from Evok Innovations, Prelude Ventures, BDC Capital, Cycle Capital and Chrysalix Venture Capital. Osei Van Horne from J.P. Morgan joined MineSense board of directors.Continue Reading
Ted Dhillon and Sonam Devgan’s FigBytes secured US $10M in Series A add-on funding from Quantum Innovation Fund, an affiliate of Quantum Energy Partners, and US $4.5M debt facility from Silicon Valley Bank. Continue Reading
Sam Scoten, Paul Botelho, and Fraser Reid led CheckSammy Technologies secured $15M in new equity and debt funding from Zero Infinity Partners, FirePower Capital and PaceZero Capital Partners. Zero Infinity’s John Kwaak will join CheckSammy’s board as an observer. Continue Reading
Carbon Engineering (CE) secured additional strategic investments from Air Canada ($6.75M equity/loan) and Airbus SAS (undisclosed amount). Continue Reading
UgoWork secured $22.8M Series B led by Fonds de solidarité FTQ, with participation from Export Development Canada (EDC), and Desjardins Capital and Investissement Québec.Continue Reading
Alex Mclean and Etienne Lapierre’s Alvéole secured $8.1M Series A funding led by Round13 Capital. Craig Strong, partner at Round13 Capital, will join Alvéole board of directorsContinue Reading
Audette secured US $9.5M seed funding led by Buoyant Ventures, with participation from Energy Impact Partners, Active Impact Investments, Johnson Controls, Osgoode Properties, Powerhouse Ventures, Turnham-Green Capital, and Undivided Ventures. Continue Reading
Business Development Bank of Canada (BDC) launched $400M Climate Tech Fund II, successor fund to $600M BDC Cleantech Practice fund. Continue Reading
Eavor Technologies Inc. secured strategic investment from Chubu Electric Power Co., Inc. (TSE: 9502) in support the commercialization of Eavor-Loop™ technology.
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Ostara Nutrient Recovery Technologies Inc. secured US $70M Series C funding from Carica Sustainable Investments, Forage Capital Partners, Cibus Funds, Grosvenor Food & AgTech, and other new and existing investors.Continue Reading
Michael G. Helander and Zhibin Wang founded OTI Lumionics secured US $55M Series B funding from LG Technology Ventures, Samsung Venture Investment Corporation, UDC Ventures, Anzu Partners, and The Family Office of Lee Lau. Continue Reading
Alberta Investment Management Corporation (AIMCo) provided $150M five-year senior secured second lien credit facility to Tidewater Renewables Ltd.Continue Reading
Aaron Joe led Salish Environmental Group Inc. secured $2.5M investment from Raven Indigenous Capital Partners, with proceeds to be used for enhancement and expansion of several Salish initiatives. Continue Reading
Caisse de dépôt et placement du Québec (CDPQ) invested ¥20B or US $135M in Shizen Energy Inc., a renewable energy leader in Japan. CDPQ obtained a seat on the board of directors of Shizen Energy. Continue Reading
Urbana Corporation increased stake in Integrated Grain Processors Co-operative Inc. (IGPC), Canada’s largest cooperatively owned fuel ethanol producer, to $17.6% following secondary purchase from existing shareholders. Continue Reading
