At a time when climate concerns are at an all-time high in the province, a new list of Canada’s most investable cleantech companies reveals that one-third of them are based in Alberta with 15 calling Calgary home.
The Foresight 50 recognizes ventures from across Canada and a variety of sectors including watertech, carbon solutions, hydrogen, and renewable energy.
They were selected by an independent panel of judges who chose the 50 companies based on criteria including investability, potential environmental and employment impact, and probability of success.
“By fostering relationships with investors and key stakeholders, the Foresight 50 can gain the traction they need to impact the green transition on a global scale,” said Jeanette Jackson, CEO of Foresight Canada.
“Last year’s Foresight 50 companies went on to collectively raise $593M to amplify their cleantech solutions. We can’t wait to see what’s possible for this year’s companies as they lead Canada — and the world — in the transition to net zero.”
The 15 Calgary-based companies on the Foresight 50 are:
- Carbon Upcycling Technologies is a waste and carbon utilization firm unlocking a new frontier of circular materials.
- Cvictus decarbonizes sectors with hydrogen and chemical feedstocks.
- Earthware is a return-for-reuse takeout container service.
- FREDsense Technologies is building biosensors to help environmental consultants, industrials, and communities understand what’s in their water.
- Galatea Technologies is helping the energy industry digitalize, optimize, and automate transportation workflows.
- HEMPALTA is an agritech company focused on hemp processing and product creation.
- Highwood Emissions Management helps operators make better emissions management decisions and accelerates decarbonization.
- Livestock Water Recycling provides high-tech digital manure processing that enables net-zero food production and increases food for the supply chain.
- NanosTech is a catalytic innovation hub, supporting the development of process technologies and other clean tech companies.
- OptiSeis Solutions is bringing environmental consciousness to energy exploration.
- SeeO2 Energy is turning emissions into value and closing the carbon loop.
- SolarSteam is delivering renewable heat to industrial and institutional clients, helping to reduce their costs and emissions.
- Summit Nanotech has developed a novel sorbent-based direct lithium extraction (DLE) technology, denaLiTM to accelerate the global energy transition.
- Swirltex takes the toughest wastewater and turns it into a reusable resource.
- ZILA Works is developing a bio-epoxy resin to help product manufacturers lower their carbon footprint.
Among the Calgary companies singled out on the Foresight 50 is Hempalta, an agtech company focused on innovative hemp processing and product creation.
HEMPALTA was created to be at the forefront of the next evolution in agriculture by utilizing advanced technology to produce hemp-based products for a healthier and sustainable planet. Hemp is considered one of the world’s most sustainable crops as it is renewable, reusable and recyclable.
“HEMPALTA is proud to be recognized on this year’s Foresight 50 list as a highly investable clean technology venture. As an Alberta-based AgTech startup, we utilize technology to create and produce hemp-based products for a healthier and sustainable planet. Being included on the Foresight list reinforces our business direction and will help propel our company forward,” said Darren Bondar, HEMPALTA’s CEO.