The BC Centre for Innovation and Clean Energy is investing $590,000 in Ekona as part of a broader $4.2 million initiative to support climate tech innovation in British Columbia.
Target Information
The BC Centre for Innovation and Clean Energy (CICE) is making a strategic investment of $590,000 in Ekona, a company renowned for its innovative environmental technology. This investment contributes to a larger financing round totaling $4.2 million, which supports seven climate tech companies based in British Columbia. These companies were selected from a competitive pool of 79 applicants in CICE’s Call for Innovation, held in July 2024.
Ekona is at the forefront of clean energy solutions with its state-of-the-art methane pyrolysis platform. This technology employs pulsed combustion and high-speed gas dynamics to convert natural gas into hydrogen and solid carbon, positioning Ekona as a pioneer in the sustainable energy sector.
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Industry Overview
The clean energy sector in British Columbia is rapidly evolving, driven by the province's commitment to reducing greenhouse gas emissions and promoting sustainable ene
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BC Centre for Innovation and Clean Energy
invested in
Ekona
in 2024
in a Other VC deal
Disclosed details
Transaction Size: $4,200M
Equity Value: $590M