It’s officially summer, and things are heating up for our network of 1,000+ companies. From securing funding and new partnerships to receiving awards and breaking ground on new projects, Foresight’s alumni have been busy moving Canada toward a net zero future.
Here are a few of the highlights:
Funding
Nine BC clean energy innovators secured a total of $5.2 million in funding to propel a carbon-negative future, including Foresight alumni:
Several companies have been recognized in BC Tech’s 2023 Impact Awards including:
- Origen Air, which has won the Company of the Year award;
- Audette, which has won the Climate Leadership awards; and
- Foresight 50 honouree Svante, which has won the Climate Leadership award
Korotu Technology has been selected by WWF-Canada as a $100,000 award recipient in the Nature x Carbon Tech Challenge.
TerraFixing and Takachar have been awarded funding from Klarna for their work in developing innovative climate solutions for carbon removal.
Picketa Systems has raised $1.4 million in seed funding led by New Brunswick Innovation Foundation.
Partnerships and Awards
Audette partnered with the Building Owners and Managers Association of BC on a pilot to provide a scalable approach to carbon management within commercial buildings.
Earth Tech alumni ALT TEX has won a Global Change Award, recognizing companies that are making an impact on the textile industry.
Reusables has partnered with Uber Eats to launch a sustainable packaging pilot program in Vancouver and Toronto.
Recap
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 newsletter@foresightcac.com.
