Two building technology companies win in Breakthrough Energy Solutions Canada initiative
Architect-led housing and technology company Intelligent City Inc. and CarbonCure Technologies Inc. are among 10 winners to receive funding from the Breakthrough Energy Solutions Canada initiative.
The program is a first-of-its-kind public–private initiative advancing the development of clean energy technologies under a new stream of NRCan’s Energy Innovation Program and in partnership with Breakthrough Energy and the Business Development Bank of Canada.
Each of the winners will receive up to $3 million to develop their clean energy technologies, with an opportunity to gain access to additional private investments from Breakthrough Energy Ventures, the Business Development Bank of Canada and more.
Intelligent City is the sister company to Lang Wilson Practice in Architecture Culture (LWPAC), and is led by architect Oliver Lang (CEO) with designer Cindy Wilson (CCO). The company received funding to develop a combination of innovative technologies to build carbon-neutral, net-zero energy family housing.
Intelligent City was founded with the mission to create highly integrated and adaptable mixed-use housing systems.
The Vancouver-based firm has gained municipal approvals and broad government support for its mass timber building system and technology development. The company’s multi-storey mass timber housing platform is based on digital design and advanced fabrication.
Their buildings combine high-quality livability, enhanced affordability, advanced sustainability, and community engagement into one consistent and adaptable solution.
CarbonCure Technologies Inc.’s development implements carbon capture solutions in the cement sector by storing carbon dioxide and recycling reclaimed waste from concrete products.
The Dartmouth company’s retrofit technology chemically mineralizes waste carbon dioxide during the concrete manufacturing process to make a greener and stronger solution.
According to CarbonCure Technology, concrete producers are using their technology across North America and Southeast Asia to reduce concrete’s carbon footprint and create new production cost savings.
“Canadian cleantech companies have huge growth potential but complex financial needs. As a development bank, we want to support them in their journey toward commercialization. Our mission is to fuel their growth, and teaming up with NRCan and Breakthrough Energy Ventures gives us an additional opportunity to do just that! Congratulations to all winners — they are a prime example of what we can do to develop our economy and positively impact the environment,” said Michael Denham, Chief Executive Officer, Business Development Bank of Canada.