Hydrostor Inc. (“Hydrostor”), a leading long-duration energy storage solution provider, today announced a preferred equity financing commitment of US$250 million from the Private Equity and Sustainable Investing businesses within Goldman Sachs Asset Management (“Goldman Sachs”).

EarlyBird Education, developer of the EarlyBird game-based early literacy assessment, has raised $3.5 million in funding, led by venture capital firm Lobby Capital. In addition, David Hornik, founding partner at Lobby Capital and founder of the Lobby Conferences, will join the EarlyBird Education Board of Directors.

Toronto-based Amplify Capital has secured the final close for its second impact investment fund, raising a total $30.7 million CAD—exceeding its initial $30 million goal.

Founded in 2016 as the MaRS Catalyst Fund with a $5.8 million Fund I, Amplify rebranded and spun out of the MaRS Discovery District in 2019. Led by private equity veteran and Managing Partner Kathryn Wortsman, Amplify backs early-stage Canadian healthtech, edtech, and cleantech startups at the seed and Series A stages.

“We want to support traditional investors thinking about [that] double bottom line.”
-Kathryn Wortsman, Amplify