NorthX Climate Tech

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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NorthX Climate Tech has launched two new Calls for Innovation, offering up to $6 million in non-dilutive funding to accelerate Canada’s low-carbon transition. The 2025 Industrial Decarbonization Call provides $3 million for hard-tech solutions reducing emissions in British Columbia’s industrial sectors.

Eligible firms—Canadian, TRL 4-9, preferably 6-9—can apply for pilots, demonstrations, and system integrations. Another $3 million will back wildfire-resilience technologies capable of detecting, preventing, or recovering from fires with measurable emission impacts. Applications remain open until November 27, 2025, 5 p.m. PST through NorthX Climate Tech’s website.

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For more than a century, Canada’s prosperity has been built on clean electricity—hydroelectric in B.C. and Quebec, nuclear in Ontario, renewables across the Prairies. But surging demand from electrification and AI threatens that advantage. Governments are responding with record-breaking calls for power, yet hydro and nuclear projects face rising costs. Renewables are cheaper but unreliable without storage.

Energy storage offers balance—capturing surplus power and releasing it when needed. Projects like Ontario’s 250-megawatt Oneida battery show progress, while Canadian innovators such as Moment Energy, Invinity, and Aqua-Cell are pioneering new solutions to secure Canada’s energy future.

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NorthX Climate Tech is betting big on storage, putting $1.6M into three Canadian innovators: Aqua-Cell Energy, FUTURi Power, and Foreseeson Technology. Aqua-Cell is piloting its saltwater long-duration battery in Victoria, FUTURi is turning EVs and batteries into grid-ready assets, and Foreseeson is pairing responsive storage with DC fast charging.

“This is the future,” said B.C. Minister Adrian Dix, praising the NorthX-BC Hydro partnership driving the program. NorthX has now funded 68 projects worth $41.2M, expected to spark 850 jobs and $425M in follow-on capital.

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The B.C. Centre for Innovation and Clean Energy has rebranded as NorthX Climate Tech, signaling a national commitment to advancing climate hard tech. Under CEO Sarah Goodman, NorthX aims to accelerate tangible decarbonization technologies by providing early capital and industrial partnerships.

The group will co-host the Climate Innovation Zone at Web Summit Vancouver, spotlighting women founders, carbon removal, and wildfire tech. Backed by strong provincial leadership, NorthX emphasizes local collaboration and global ambition. Goodman, recently named a BC Business Woman of the Year, calls this a pivotal moment for Canada to lead in cleantech innovation.

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The BC Centre for Innovation and Clean Energy (CICE) has rebranded as NorthX Climate Tech, reflecting a broader national focus on scaling climate hard tech. Launched in 2021, the organization has supported 65 climate solutions and created over 800 jobs. NorthX will prioritize energy storage, clean fuels, hydrogen, and carbon management while expanding support for large-scale industrial decarbonization.

Its new strategy includes repayable, non-dilutive investments and extended follow-on funding. CEO Sarah Goodman said the model aims to build Canada’s climate economy by backing early innovation and recycling capital. “Let’s build what matters,” she stated.

Want to know more? Check out the source code on CleanEnergy.ca.