Press releases

Women’s success: Zorah biocosmétiques and Tengiva receive Government of Canada support and accelerate their growth

Women’s success: Zorah biocosmétiques and Tengiva receive Government of Canada support and accelerate their growth From: Canada Economic Development for Quebec Regions News release The two women-led businesses receive a total of $549,000 in financial assistance from CED. Montréal, Quebec, March 8, 2024 – Canada Economic Development for Quebec Regions (CED) In the wake of International Women’s Day, celebrated today, March 8, the Government of Canada wants to highlight the role women entrepreneurs play in the country’s economic development. Their invaluable contribution helps build healthier, more prosperous, more inclusive communities. That is why Annie Koutrakis, Member of Parliament for Vimy and Parliamentary Secretary to the Minister of Tourism and Minister responsible for CED, is taking the opportunity to...

8 March 2024

HaiLa Technologies Signs a New Partnership With Murata Electronics From Japan!

HaiLa Technologies Raises $10.35 Million USD from Murata Electronics and supporting investors. New funding will fuel R&D development of HaiLa’s ultra low-power RF solutions to enable ambient IoT and reduce sensor battery waste. Montreal, Oct. 11th 2023, HaiLa Technologies Inc., a Canadian fabless semiconductor and software company developing highly power-efficient radio communications solutions, today announced that it has raised USD$10.35 million from new strategic investor Murata Electronics as well as the entire group of existing investors including Stanford University, Mika, Ecofuel Fund, Chrysalix, and TandemLaunch. “HaiLa’s team is dedicated to pushing the boundaries of power efficiency in wireless. Whether it is their use...

11 October 2023

Brilliant Matters raises $5.1 million and accelerates its commercialization

Organic semiconductors firm Brilliant Matters raises $5.1 million. Québec City, September 28th, 2023. Brilliant Matters Inc., a global leader in organic semiconductors manufacturing for solar energy will accelerate its production, scale-up and commercialization with a recent $5.1 million funding. This investment is co-led by cleantech Ecofuel Fund, specialized in clean technologies, and strategic Japanese partner GSI Creos Corporation. Desjardins Capital also joins Brilliant Matters’ existing shareholders. Takashi Yanagisawa, GSI Creos executive officer, says; ‘’We are delighted that the additional funding from GSI and other investors will allow BM to expand its production facilities and thereby respond to requests from OPV manufacturers to increase the supply...

29 September 2023

First Finished Products Made With Recycled Styrene Generated Through Pyrowave Technology

MONTREAL, Sept. 13, 2023 /PRNewswire/ - Pyrowave, a Canadian technology company, is proud to announce that Michelin and Knauf Industries have successfully produced batches of finished elastomer and plastic products incorporating 100% styrene from plastic waste recycled in Canada using Pyrowave technology. The tests performed on the resulting elastomers demonstrated quality and intrinsic properties identical to those of elastomers made from virgin fossil-sourced materials. Tests for Future Incorporation of Recycled Content in Tires Michelin, a key player in sustainable mobility, has produced a four-ton prototype batch of styrene-butadiene rubber (SBR) in their Bassens plant in France. The SBR was produced using 100% styrene recycled by Pyrowave and has...

13 September 2023

$15M CAD Series A for ChrysaLabs

ChrysaLabs Secures CA $15 Million ($11 Million) Series A Funding to Increase Instant Access to Reliable and Low-Cost Soil Insights, Including Carbon Verification NEWS PROVIDED BY ChrysaLabs May 10, 2023, 11:08 ET Investment will advance smart farming technology to empower growers with real-time portable lab data and to support the carbon credit industry with scientifically accurate measurements. MONTREAL, May 10, 2023 /PRNewswire/ - ChrysaLabs, a leading innovator at the forefront of soil science, announced today a 15 million Canadian dollar ($11 million) financing round, including investments from Leaps by Bayer, TELUS Ventures and BDC Capital. Existing investors Ecofuel, Emmertech, Anges Québec, AQC and Koan Capital...

10 May 2023

GSTS establishes Green Shipping Corridor capability with Montreal Port Authority

Supporting Canada to meet its climate goals and delivering on an efficient and environmentally friendly shipping system. HALIFAX, Nova Scotia—February 21, 2023 — Global Spatial Technology Solutions (“GSTS” or “the Company”), a Maritime Intelligence company today announced that it will collaborate with the Montreal Port Authority (MPA) in providing a Green Shipping Corridor capability using the OCIANATM platform. The Green Shipping Corridor capability enables vessels to establish an initially low and ultimately zero-carbon emissions route while matching their arrival with berth availability and maintaining compliance. “We are extremely pleased to be working with the Montreal Port Authority on this initiative. As an original OCIANATM consortium...

21 February 2023

Pyrowave Sets New Standard
With 100% Traceable Recycled Styrene

Montreal, November 17, 2022 – On the sidelines of the Advanced Recycling Conference held in Cologne, Germany, Pyrowave announced it has reached a major stage for the future of global plastic recycling and in the fight against climate change. Pyrowave technology has successfully passed Michelin Group’s quality tests with the first 99.8% pure recycled styrene monomer produced from polystyrene waste. Recycled monomer can now be integrated into industrial elastomer batches. For the first time, a finished product will incorporate fully traceable and segregated recycled styrene, where all the styrene will be physically present in the product rather than a credit-based content. A container with...

17 November 2022

Potloc Closes CAD$35M Series B Round to drive global growth with its game changing research technology

Targeting a CAD$40B market for surveys, investors back latest Montreal data company with its breakthrough approach to ensuring better quality data through precision targeting and industry-leading speed MONTREAL, CA – June 21st – Potloc, the research technology company delivering new levels of data quality, precision and speed with its social media sampling technology, today announced the closing of its Series B round, totalling CAD$35M in new equity and debt financing. Investissement Québec led the round followed by First Ascent Ventures and initial investors Brightspark Ventures, Desjardins Capital, Cap Horn, Ecofuel Fund, BDC Capital’s Seed Fund along with debt financing provided by CIBC...

27 June 2022

Tengiva, First of its Kind Digital Supply
Chain Platform for the Textile Industry,
raises $4.95 Million in Seed Funding

MONTREAL – May 4, 2022 – Tengiva, the first digital supply chain platform for the textile industry, today announced that it has raised CAD$4.95 million in seed funding. The funding round was led by Fonds Ecofuel with participation from Inovia, Anges Québec, Active Impact Investments, and N49P. The funds raised include $1.7 million in commercialization funding from the Investissement Québec Innovation Program and a $100,000 grant from the Sustainable Development Technology Canada (SDTC) Seed Funding program. Textile production is a trillion dollar* industry, and still mostly managed offline without much modern digitization – until now. Tengiva (Textiles Exchange Network) was created to solve...

5 May 2022