Vancouver, CANADA – January 27, 2021 — Cleantech is rapidly becoming one of the hottest areas of global investment as countries and companies commit to ambitious net zero emissions targets. Despite this opportunity, many great Canadian solutions struggle to find international customers and partners. A new cross-border partnership seeks to tackle this challenge.
Foresight Cleantech Accelerator Centre (Foresight) and Eunike Ventures (Eunike) announced today a Memorandum of Understanding (MoU) formalizing a collaborative partnership to further accelerate the growth of Canadian companies with promising cleantech solutions for the energy industry.
Eunike Ventures is a global energy venture builder that works with innovative, early-stage companies with high-value added technologies through commercialization, across the entire Energy value chain. This new open innovation model of ‘Realizing the Entrepreneurial Spirit’ focuses on entrepreneurs, energy companies, paid pilots, and smart capital, which has included backing from large industry players such as Equinor, Hess, TechnipFMC, and Anadarko.
This partnership with Foresight marks Eunike’s formal entry into the Canadian market. Eunike will bring their existing global partnership platform and established processes, due diligence, and de-risking methodologies for technology adoption in the Energy industry.
Foresight is Canada’s cleantech ecosystem accelerator. Through strategic collaborations like this, Foresight brings partners together to identify, commercialize, and adopt the clean technologies needed to address today’s most urgent climate challenges.
As strategic partners, Foresight and Eunike Ventures will build upon the strengths of their respective organizations, further enabling a complete innovative stream that is ‘best in class’. This partnership also establishes a bi-lateral technology bridge between the two countries enabling shared technology sourcing, cross-fertilization of opportunities, learnings from industry peers, and increased foreign direct investment with the goal of accelerating and increasing adoption across the industry.
This new partnership includes collaborating on events supporting the energy sector. Foresight is currently working with Eunike Ventures and the Alberta Clean Tech Industry Alliance (ACTia) on two events in February focused on hydrogen (H2) and carbon capture utilization and storage (CCUS). This invitation-only virtual event series will share “on the ground” deployment experience of H2 and CCUS technology and connect Western Canadian cleantech ventures with global investors and corporate partners.
“We welcome the opportunity to partner with Eunike Ventures, who bring deep connections and expertise in the New Energy economy” said Jeanette Jackson, CEO of Foresight. “We are confident that by working together, we can move the dial with cleantech solutions in this important sector.”
“Partnering with Foresight Cleantech was a naturally strategic fit with Eunike’s value proposition and existing collaboration platform” said Amy Henry, CEO of Eunike Ventures. “Foresight’s thought leadership and program development, along with co-partnering with industry, is how working together we will extend the runway for startups, increase adoption, and provide the increased global connectivity that is required for true success.”
To learn more about Foresight’s efforts in the energy sector or the upcoming H2 and CCUS events, contact [email protected]
About Foresight Cleantech Accelerator Centre
Foresight is Canada’s cleantech ecosystem accelerator. Foresight supports the identification and validation of cleantech opportunities and the successful commercialization of solutions. We bring together industry, government, academia, investors, and innovators to address today’s most urgent climate issues and support a global transition to a green economy. Find out more at www.foresightcac.com and follow on Twitter @ForesightCAC.
Eunike Ventures is a first of its kind energy technology accelerator and new-style venture builder/group in the Energy Industry that brings to market an innovative approach towards technology. Eunike serves a unique gap in the venture system by bringing together energy companies, expert talent, and best of breed startups.
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