Lyteflo's emergence represents a significant advancement in addressing these market inefficiencies. Their comprehensive EV intelligence platform introduces sophisticated solutions to longstanding industry challenges.
Lyteflo Closes $3 Million Seed Round to Revolutionize Electric Vehicle Sales
Lyteflo, a new electric vehicle (EV) merchandising solution, today announced $3 million in Seed funding.
Planetary offers a scalable, natural alternative to engineered carbon removal solutions by enhancing the ocean’s existing ability to absorb CO2. The ocean already absorbs 31% of global CO2 emissions, and by adding alkalinity, Planetary increases this capacity while neutralizing ocean acidity. The process, called Ocean Alkalinity Enhancement (OAE), stores carbon as stable salts within the marine ecosystem for thousands of years, making it a low-energy, cost-effective, durable solution. Early tests in controlled environments confirm successful CO2 removal, and ongoing open-ocean trials show no measurable negative impact on marine habitats.
ThinkLabs AI is a specialized AI development and deployment company focused on advanced engineering systems. With their flagship product, ThinkLabs Copilot, using proprietary physics-informed AI digital twins, ThinkLabs AI is well positioned to transform the way grids operate, rich of clean data and predictive power.
An additional five VCs from Vancouver, Toronto, and Montréal will receive portions of the $25 million commitment.
The Canadian government announced the second tranche of $25 million in VCCI funding to support underrepresented entrepreneurs, including women, Indigenous, Black, and 2SLGBTQI+ communities. This funding will benefit five venture capital firms, including Amplify Capital. Amplify Capital's managing partner, Kathryn Wortsman, highlighted that our focus remains on achieving strong financial returns alongside measurable impact.
ThinkLabs AI is developing a physics-informed digital twin model, supporting human operations by offering autonomous modeling and orchestration of the power grid. These insights enable power grid operators to connect power from renewable sources to the grid faster and more efficiently, alleviating grid connection queues.
ThinkLabs AI is a specialized AI development and deployment company focused on advanced engineering systems. With their flagship product, ThinkLabs Copilot, using proprietary physics-informed AI digital twins, ThinkLabs AI is well positioned to transform the way grids operate, rich of clean data and predictive power.
ENERGY STORAGE NEWS | Hydrostor launches new Terra bulk energy storage system Compressed Air Energy Storage (CAES) company Hydrostor has introduced Hydrostor Terra — a long-duration bulk energy storage system that is expected to compete with new natural gas plants. By utilizing Terra, utilities and electricity system operators can look at issues such as reserve
Hydrostor announced today that it has closed a B-Series financing led by energy private equity group Lorem Partners, investment management firm Canoe Financial, MaRS Catalyst Fund, as well as participation by a number of existing investors including ArcTern Ventures. This financing will support sales and marketing of Hydrostor’s energy storage solutions.
A new Canadian investment fund that puts people and planet alongside profits is about to make its first investments, providing an important source of capital to businesses that are helping to solve entrenched social problems.
