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.

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

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