Ecopia Tech, Routific, GHGSat among cleantech startups receiving SDTC funding

Aug 23 15:08 2019 Print This Article

This week, Navdeep Bains, minister of innovation, science, and economic development, highlighted how 18 Canadian companies are using funding from Sustainable Development Technology Canada (SDTC) for cleantech initiatives.

During SDTC’s annual meeting, the government pointed to the impact of its previously-announced $56 million in investments to the 18 cleantechs across Canada.

“Canadians are leading the world’s transition to a low-carbon economy, and clean technology is part of the solution,” said Bains. “Our government is positioning Canadians to seize the opportunities created by cleantech to create good jobs and leave a cleaner planet for our kids.”

Some of the cleantech startups that have received SDTC funding include:

Routific (Vancouver): Received $1.8 million to use artificial intelligence to optimize routes during the last leg of the supply chain. These algorithms are said to be 20 percent more effective than human dispatchers, reducing fuel costs.

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