
Direct Investing - Enterprise
Through our Climate Innovation Fund, we identify, invest in and help scale up solutions by supporting projects, organizations, and enterprises that align with Calgary and Edmonton's climate action plans.

We provide catalytic capital to climate and cleantech ventures, enabling them to scale products and services that reduce urban emissions. Each investment is structured to accelerate market adoption through disciplined, risk-adjusted terms.
Structures include:
Enterprise equity or quasi-equity: Direct or convertible stakes that align our return expectations with the company’s long-term growth.
Enterprise debt: Short-term loans for purchase order financing, warehousing facility and bridge financing funding to keep up momentum between raises.
We look for Seed to Series A ventures with top-tier, climate-committed founders tackling large Alberta markets and early proof of traction—such as pilots, revenue or strong demand—that materially reduce urban GHGs. Enterprise investments must advance our Building, Mobility or Clean-energy pillars and meet our return targets.

Our enterprise investments
Status: Active
Sector: Sustainable transportation
Focus: Electrifying personal transportation through a car-share model designed for building-level service.
Impact: Reduce transportation emissions and individual car ownership.
Investment amount: $250,000
Read the full announcementStatus: Active
Sector: Building SaaS
Focus: Focused on building envelope optimization, by using drones and AI to identify & quantify energy loss and structural issues for property owners.
Impact: Reduce building emissions by reducing energy consumption and improving overall building performance.
Investment amount: $500,000
Read the full announcement

About the Climate Innovation Fund
Our investments are made possible with funding from Alberta Ecotrust's Climate Innovation Fund. The Climate Innovation Fund targets the major urban greenhouse gas emissions sources in Calgary and Edmonton.

Curious about our other investments?
Read more about our latest investments and our portfolio.