{"id":4809,"date":"2021-12-08T10:06:14","date_gmt":"2021-12-08T15:06:14","guid":{"rendered":"https:\/\/sdtc-2024-staging.sociationdev.com\/?p=4809"},"modified":"2023-08-03T09:06:26","modified_gmt":"2023-08-03T13:06:26","slug":"sdtc-propelling-cleantech-companies-from-seed-funding-to-start-up-to-scale-up-and-beyond","status":"publish","type":"post","link":"https:\/\/sdtc-2024-staging.sociationdev.com\/en\/sdtc-propelling-cleantech-companies-from-seed-funding-to-start-up-to-scale-up-and-beyond\/","title":{"rendered":"SDTC propelling cleantech companies from seed funding to start-up to scale-up and beyond"},"content":{"rendered":"<p>Ottawa, ON \u2013 Canada\u2019s cleantech entrepreneurs are proving their power to build a more sustainable future through innovative solutions to today\u2019s environmental challenges. Working in partnership with these visionary companies, the Government of Canada is charting the way to a low-carbon, greener economy that supports both people and the planet.<\/p>\n<p>The Government of Canada announced investments totalling $38.3 million in 12 ground-breaking Canadian companies through <a href=\"https:\/\/sdtc-2024-staging.sociationdev.com\/\">Sustainable Development Technology Canada<\/a> (SDTC). This funding is boosting innovation all across Canada and beyond \u2013 from cloud-based software that uses artificial intelligence to manage and optimize the dairy supply chain to solar-powered robotic vessels that collect real-time data to protect our oceans; from biotechnology that boosts the survival rate of tree seedlings when planting new forests to recycling technology that enables the full circular economy of polystyrene.<\/p>\n<p>These investments will enable Canadian entrepreneurs in every sector of our economy to push the boundaries of innovation, commercialize their ideas and take clean technologies to the next level. It will also help drive our economy into the post-pandemic future while boosting Canada\u2019s ability to meet our 2030 climate commitments and reach net-zero greenhouse gas emissions by 2050.<\/p>\n<p>Several of the funded cleantech companies are past recipients of SDTC investments. They include three graduates of SDTC\u2019s Seed Fund for early-stage entrepreneurs that have gained solid ground and are now ready to scale up:<\/p>\n<ul>\n<li><a href=\"https:\/\/openoceanrobotics.com\/\">Open Ocean Robotics<\/a> of Victoria, British Columbia \u2013 $2.8 million for its cleantech solution to collect ocean data and protect marine environments using zero-emission autonomous vessels, artificial intelligence (AI) and advanced sensors.<\/li>\n<li><a href=\"https:\/\/www.milkmoovement.com\/\">Milk Moovement<\/a> of St John\u2019s, Newfoundland and Labrador \u2013 $1.5 million for cloud-based software that employs AI and data-enabled analysis to manage and optimize the dairy supply chain.<\/li>\n<li><a href=\"https:\/\/www.onesiliconchipphotonics.com\/\">OSCPS Motion Sensing<\/a> of Montreal, Quebec \u2013 $3.2 million to develop lighter, lower-cost inertial navigation sensors for the next generation of autonomous drones and vehicles.<\/li>\n<\/ul>\n<p>Four other companies are receiving repeat SDTC investments, including:<\/p>\n<ul>\n<li><a href=\"http:\/\/www.mikro-tek.com\/\">Mikro-Tek<\/a> of Timmins, Ontario \u2013 $3.7 million in second-round funding to develop a new microbial technology to treat tree seedlings, significantly increasing growth and survival rates while reducing the use of herbicides.<\/li>\n<li><a href=\"https:\/\/www.polarpm.com\/\">Polar Performance Materials<\/a>\u00a0of Oakville, Ontario \u2013 $4.1 million in second-round funding to improve their process for manufacturing high-purity aluminum oxide powder employed in lithium-ion batteries, requiring less energy and lower temperatures.<\/li>\n<li><a href=\"https:\/\/www.polystyvert.com\/en\/\">Polystyvert<\/a> of Montreal, Quebec \u2013 $3.5 million in second-round funding to scale up a polystyrene recycling technology that removes contaminants from styrene plastics, reduces GHG emissions, and helps protect the environment.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/validere.com\/\">Validere Technologies<\/a> of Toronto, Ontario, <a href=\"https:\/\/www.thesmartcone.com\/\">SmartCone Tech<\/a>, of Ottawa, Ontario, <a href=\"https:\/\/www.redleafpulp.com\/\">Red Leaf Pulp<\/a> of Kelowna, British Columbia, <a href=\"http:\/\/cobrichem.com\/\">Cobric Chemicals<\/a> of Barrie, Ontario, <a href=\"https:\/\/www.sentrywatertech.com\/\">Sentry Water Monitoring<\/a> of Charlottetown, Prince Edward Island, and <a href=\"https:\/\/bioalert.ca\/\">BioAlert Solutions<\/a> of Sherbrooke, Quebec, are welcomed as new SDTC-funded companies receiving a total of $15 million in investments.<\/p>\n<p><strong>Quotes<\/strong><\/p>\n<p>\u201cCanadian entrepreneurs are driving the innovation that is moving us towards a more sustainable and prosperous future. This investment will enable companies to rapidly accelerate and commercialize their ideas and continues the momentum of public and private commitments to reducing global emissions.\u201d<\/p>\n<p>\u2013 Leah Lawrence, President and CEO of SDTC<\/p>\n<p>Learn more about these companies <a href=\"https:\/\/youtu.be\/ngRz-fD0ZD0\">here<\/a>.<\/p>\n<p><strong>Stay connected<\/strong><\/p>\n<p>Follow Sustainable Development Technology Canada on social media.<br \/>\n<a href=\"https:\/\/twitter.com\/SDTC_TDDC\">Twitter<\/a>, <a href=\"https:\/\/www.facebook.com\/SustainableDevelopmentTechnologyCanada\/\">Facebook,<\/a> <a href=\"https:\/\/www.instagram.com\/sdtc_tddc\/\">Instagram<\/a>,and <a href=\"https:\/\/www.linkedin.com\/company\/sustainable-development-technology-canada\/mycompany\/\">LinkedIn<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ottawa, ON \u2013 Canada\u2019s cleantech entrepreneurs are proving their power to build a more sustainable future through innovative solutions to today\u2019s environmental challenges. Working in partnership with these visionary companies, the Government of Canada is&#8230;<\/p>\n","protected":false},"author":10,"featured_media":4823,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4809","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-sectors"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SDTC propelling cleantech companies from seed funding to start-up to scale-up and beyond ~ Sustainable Development Technology Canada<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SDTC propelling cleantech companies from seed funding to start-up to scale-up and beyond ~ Sustainable Development Technology Canada\" \/>\n<meta property=\"og:description\" content=\"Ottawa, ON \u2013 Canada\u2019s cleantech entrepreneurs are proving their power to build a more sustainable future through innovative solutions to today\u2019s environmental challenges. Working in partnership with these visionary companies, the Government of Canada is...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sdtc-2024-staging.sociationdev.com\/en\/sdtc-propelling-cleantech-companies-from-seed-funding-to-start-up-to-scale-up-and-beyond\/\" \/>\n<meta property=\"og:site_name\" content=\"Sustainable Development Technology Canada\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-08T15:06:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-03T13:06:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/sdtc-2024-staging.sociationdev.com\/wp-content\/uploads\/2021\/12\/SDTechFund_November_News-Release.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Anusheh Fawad\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta 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