Posted by: In: 2014, Featured 1 24 Nov 2014 0 comments

Toronto, ON, November 20, 2014 – The GreenSky President’s Club (the “GPC”) has received a commitment from FedDev Ontario for $300,000 of contribution financing over the next three years. The GPC is based in Toronto and was founded in 2013 to provide seed round financing to companies in the information technology, Clean Tech and Med Tech verticals.  The funding will be used to expand membership to over 70 members by the end of 2015.

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Posted by: In: 2014, Featured 2 25 Aug 2014 0 comments

Stake will bolster 3M’s relevance in energy market

ST. PAUL, Minn.–(BUSINESS WIRE)–3M New Ventures – the corporate venture arm of 3M – announced an equity stake in Toronto-based Smart Energy Instruments (SEI), a move that will further accelerate SEI’s efforts in developing electronic chipsets with high-precision, real-time monitoring capabilities for smart grids, as well as give 3M a bigger presence in the energy sector.

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Toronto, ON, October 20, 2014 – Pyrowave Inc., producers of patented distributed microwave pyrolysis technology that significantly improves the economics of recycling plastics, is pleased to announce the closing of $250,000 in convertible debt financing with assistance from GreenSky Capital Inc.

CEO Jocelyn Doucet: “These funds will finance our final pilot machine using designs and specifications developed through five years of research from some of the world’s top experts in pyrolysis.  With partners already in place to lease our machines as well as partners to purchase our output, this is our final critical step before commercialization.” Read more…