Five companies will pitch to investors on March 11 for a shot at $140,000 at the Alberta Cleantech Investment Summit. Over the past five weeks, 28 investors heard pitches from the province's top emerging cleantech companies and conducted due diligence as they narrowed down the list to those who would present at the summit.
The top five companies are Ceres, EZ Ops, SeeO2 Energy, Winecrush, and ZS2 Technologies. The lone Edmonton company, EZ Ops, helps equip operators to focus on top priorities for production and compliance.
The investment summit was born out of a desire to boost early-stage companies. In addition to the $140,000, Energy Futures Lab is awarding $25,000 of non-dilutive funding to one of the presenting companies.
"Alberta’s cleantech ventures have historically struggled to find early-stage investors. This initiative seeks to transform the funding landscape by forging a community of skilled and committed investors who will ‘lean in’ to help these ventures breakthrough," said a news release about the event.
The Alberta Cleantech Investment Summit is on March 11. (Courtesy of Eventbrite)
The summit is a partnership between Startup TNT, the Alberta Clean Technology Industry Alliance (ACTia), Foresight Cleantech Accelerator Centre (Foresight), and the Energy Futures Lab (EFL).
“We are extremely impressed with the quality of the cleantech companies in our province and the enthusiasm with which Alberta investors have embraced the collaborative, community-building approach to make the final investment decision," said Zack Storms, founder of Startup TNT.
During 2020, Startup TNT helped to facilitate investing $1.4 million in eight companies, through three summits. The companies in its portfolio have also raised more than $5 million in additional funds.
Register for the event here.