Cleantech Cleantech

Adaptis Technologies in its US$4-million Seed financing

On April 8, 2025, Adaptis Technologies announced US$4 million in Seed financing. The firm plans to use this new capital towards expanding operations in Canada and the United States. Adaptis Technologies is a sustainability startup for whole life cycle carbon reduction planning of existing and...

Lead Office: Toronto Date Announced: April 8, 2025 Value: US$4 million

Evok Innovations and BDC Capital’s Climate Tech Fund in connection with Summit Nanotech Corporation’s US$25.5-million funding round

On March 19, 2025, Summit Nanotech Corporation announced that it secured a US$25.5-million funding round led by Evok Innovations and BDC Capital’s Climate Tech Fund. This round also saw participation from Xora Innovation, Capricorn Investment Group, LG Technology Ventures and Japanese mining...

Lead Office: Toronto Date Announced: March 19, 2025 Value: US$25.5 million

Highland Electric Fleets in connection with its $50 million credit facility with the Canada Infrastructure Bank.

On May 8, 2024, Canada Infrastructure Bank (CIB) announced that it has reached a financial close on a loan facility with Highland Electric Fleets (Canada) ULC worth up to $50 million to help finance the supply of Zero Emission Buses to school boards across Canada. Highland Electric Fleets intends...

Lead Office: Toronto Date Announced: May 8, 2024 Value: $50 million

Ionomr Innovations Inc. and NGIF Cleantech Ventures in Ionomr’s $20 million Series A-4 financing round led by NGIF Cleantech Ventures

On December 5th 2023, Ionomr Innovations announced it has closed a US$20 million Series A-4 funding round, led by NGIF Cleantech Ventures and Pallasite Ventures. The funding will allow Ionomr to further scale its ion-exchange membranes and polymers, that are fundamental to accelerating the...

Lead Office: Vancouver Date Announced: December 5, 2023 Value: $20 million

Deep Sky in its securing of $10 million of funding

On May 8, 2023, Deep Sky secured $10 million of funding from Investissement Québec and Brightspark Ventures. The company aspires to build large scale infrastructures through Canada that can capture carbon from previous industrial activity using existing technologies. Deep Sky is a carbon capture...

Lead Office: Montreal Date Closed: May 8, 2023 Value: $10 million

Evok Innovations Inc. and BDC Capital’s Climate Tech Fund in connection with Summit Nanotech Corporation’s US$50 million Series A2 funding

On January 18, 2023, Summit Nanotech Corporation announced that they raised US$50 million in a Series A2 financing round. This round was led by EVOK Innovations Inc. and BDC Capital’s Climate Tech Fund with participation from Xora Innovation, Capricorn Investment Group, Volta Energy...

Lead Office: Toronto Date Closed: January 18, 2023 Value: $50 million

CarbiCrete in its combined $23.5 million Series A financing round

On March 24, 2022, CarbiCrete announced it had secured $15 million (US$12 million) in the first closing of their Series A financing round led by FS Investors with participation from Arc Energy Fund 9, Something Good Ventures, New Climate Ventures and Innovobot. On May 12, 2022, CarbiCrete announced...

Lead Office: Montreal Date Closed: May 12, 2022 Value: $23.5 million

e-Zinc in its US$25-million Series A financing round

On April 7, 2022, e-Zinc announced it had completed its US$25-million Series A financing round led by Anzu Partners with participation from BDC Capital’s Cleantech Practice, Toyota Ventures and Eni Next. With this acquisition, it plans to execute its first commercial infield demonstration...

Lead Office: Toronto Date Closed: April 7, 2022 Value: US$25 million

H2 Ventures 1 Inc. in its $5 million initial public offering on the TSX Venture Exchange

On February 9, 2022, H2 Ventures 1 Inc. (“H2 Ventures”) completed an initial public offering of 50 million common shares and is now listed on the TSX Venture Exchange.  H2’s common shares began trading on the TSX.V on February 11, 2022 under the symbol “HO.P”.  When combined with the...

Lead Office: Vancouver Date Closed: February 9, 2022 Value: $5 million

Ionomr Innovations in its US$15 million Series A Financing

On January 19, 2022, Ionomr Innovations announced it had closed its US$15 million Series A funding round with lead investors Shell Ventures and Finindus, joined by Chevron Technology Ventures, NGIF Cleantech Ventures and Pallasite Ventures. The funding will allow Ionomr to further...

Lead Office: Vancouver Date Closed: January 19, 2022 Value: US$15 million