It’s the summer of funding for our network Foresight alumni, who have collectively raised more than $88 million in funding in the last month alone. Their impressive accomplishments will help them scale their technologies and expand their operations to new markets domestically and globally.
Here are a few of the highlights:
Othersphere, a Victoria based company that is developing software to help determine the best places to build new production assets for zero- and low-emission commodities, has secured $3 million in funding.
To date, our network of 1,000+ 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.
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].