NorthX Climate Tech announced $3.4 million in new investments at the IEA’s 2025 Energy Innovation Forum, supporting four Canadian carbon removal startups: CarbonRun, Skyrenu Technologies, NULIFE Greentech, and pHathom Technologies. The funding was unveiled alongside Minister of Energy and Natural Resources Tim Hodgson.
Meanwhile, NorthX portfolio company Arca Climate secured a 10-year offtake agreement with Microsoft for 300,000 tonnes of carbon removal. Minister Hodgson praised Canada’s growing leadership in clean growth. NorthX has now invested $45 million across 72 projects, creating 870 jobs and drawing $477 million in follow-on funding.
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