It’s beginning to feel a lot like spring, and our network of more than 900 ventures continue to grow their teams, attract funding, and receive awards and recognition for their contributions to the fight against climate change.
Here are a few of the highlights:
Three Alberta-based cleantech ventures all received funding from Sustainable Development Technology Canada:
Future Fields closed a USD $11.2M funding round that will enable it to turn fruit flies into bioreactors, accelerating the biomanufacturing process in medical R&D, pharmaceuticals, and cultivated meat.
Awards & Recognition
Reusables.com and Farment have been named to the Vancouver Economic Commission’s Top Five Climate Tech Startups to Watch in 2023 list.
FREDSense announced a technological breakthrough with its field-ready water testing kits, shortening the time it takes to detect PFAS chemicals from the traditional 4-8 weeks in a lab setting, to just a few hours.
To date, our network of 900+ Foresight-supported ventures have raised $1.3+ billion in capital, generated $390+ million in revenue, and created 7,150+ high-paying jobs. In total, the economic impact of our alumni companies is more than $2 billion.
We are inspired by the contributions our alumni companies are making to Canada’s transition to a net zero economy, and we are so excited to see what comes next for these innovators.
Interested in helping us recognize Alberta’s amazing change-makers in cleantech? Foresight Canada is excited to announce the first annual Alberta Cleantech Awards, with celebrations happening in-person in Calgary as well as livestreamed on April 27, 2023. Nominate yourself, a colleague, or an organization that inspires you.
Stay tuned for more stories about how our alumni are leaving their mark on the Canadian cleantech ecosystem. To submit your story, reach out to [email protected].