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Three Calgary Companies Named to 2024 Global Cleantech 100

January 11, 2024 by Robert Lewis Leave a Comment

Canadian cleantech companies are making their mark on the world stage with 13 companies being named to the prestigious 2024 Global Cleantech 100 list, the 15th edition.

This year the list of innovative and promising clean technology companies represents strong diversification of markets and sectors with representation from across Canada.

While the West Coast stood out with seven B.C. companies getting the nod, Alberta was also represented on the Top 100 list with three Calgary-based cleantech leaders acknowledged.

Carbon Upcycling is a waste and carbon utilization firm unlocking a new frontier of circular materials. The company has developed technology for sequestering CO2 gas into a solid form within concretes, plastics and coatings.

Last year Carbon Upcycling closed a $34.3 million Series A funding round co-led by BDC Capital’s Climate Tech Fund and Climate Investment.

Eavor (pronounced “Ever”) is a geothermal technology based energy company led by a team dedicated to creating a clean, reliable and affordable energy future on a global scale.

Late last year Eavor secured $90 million from the federal government to help it scale its geothermal closed-loop technology at a commercial level.

Summit Nanotech is evolving today’s lithium mines by extracting more high-purity lithium from natural resources faster and more sustainably to support the global electric vehicle (EV) demand.

In 2023, Summit Nanotech announced a USD $50 million Series A round top-up that builds on a $14 million initial Series A round secured the previous year.

The Global Cleantech 100 list combines Cleantech Group’s research data with qualitative judgements from nominations and insight from a global, 85-member Expert Panel of leading investors and executives from corporations and industrials active in technology and innovation scouting.

From pioneers and veterans to new entrants, the Expert Panel broadly represents the global cleantech community and results in a list with a powerful base of respect and support from many important players within the cleantech innovation ecosystem.

Filed Under: News Tagged With: Carbon Upcycling Technologies, Eavor, Summit Nanotech

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