News

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

The Agri-Tech Sector and Venture Capital

According to recent data from Crunchbase, nearly 800 Agri-Tech start-ups raised more than US$10 billion in 2022 globally, a 13% decline from the previous year[1]. Comparatively, start-ups in all sectors have seen a 35% decrease in raised capital for 2022. The Agri-Tech sector has proven to be much more resilient in the face of turbulent economic conditions, considering a 26% increase in the total number of rounds closed compared to 2021. The Controlled Environment Agriculture (CEA) subsector had the largest growth in invested capital in 2022, with an additional funding of US$700 million. The other significant increase in invested capital includes...

26 January 2023

in Uncategorized

Labour shortages in agriculture,
a hurdle for our food autonomy

In the agricultural sector, the labour shortage is increasing year after year. In Canada, more than 60,000 foreign workers worked in that sector in 2021 to try to fill the need for labour, an increase of 12% compared to the previous year despite the restrictions imposed by the pandemic[1]. In Québec, the Union des Producteurs Agricoles de la Mauricie indicated that over the past three years, the use of foreign labour has increased by 40% and estimates that 20,000 additional workers will be needed over the next 10 years[2]. This situation is exacerbated by multiple factors, the most significant of...

9 December 2022

in Uncategorized

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