NGIF CLEANTECH VENTURES INVESTS IN CARBON CAPTURE STARTUP IONADA

CALGARY, AB (December 15, 2021) NGIF Cleantech Ventures, a Canadian venture capital fund investing in cleantech innovation in the natural gas sector, today announced an equity investment in Ionada PLC (Ionada). The funding builds on an exciting year for Ionada, which was selected in July to be part of Halliburton Company’s (NYSE: HAL) clean energy accelerator, Halliburton Labs. Ionada’s membrane …

NGIF INDUSTRY GRANTS WELCOMES TIDEWATER MIDSTREAM TO ACCELERATE CLEAN TECHNOLOGY DEVELOPMENT IN NATURAL GAS

OTTAWA, ON (December 9, 2021) NGIF Industry Grants, a division of NGIF Capital Corporation, welcomes Tidewater Midstream and Infrastructure Ltd. as a new participant supporting innovation and clean technology development for the natural gas sector. Tidewater’s mission is to become the midstreamer of choice by providing creative solutions that ensure optimum flexibility for its customers, resulting in higher returns. Supporting …

NGIF INDUSTRY GRANTS PROVIDES $600,000 IN FUNDING FOR THERMALLY-DRIVEN HEAT PUMPS FOR RESIDENTAL USE

OTTAWA, ON (November 18, 2021) NGIF Industry Grants, a division of NGIF Capital Corporation, is supporting the demonstration of Stone Mountain Technologies Inc.’s (SMTI) high-efficiency residential space and water heating system – the “furnace-combi”- designed to replace forced air furnaces and gas water heaters with a new high-efficiency heat pump serving both loads. Through $600,000 in approved funding, SMTI’s Thermally-Driven …

WESTGEN RECEIVES $136,000 FROM NGIF INDUSTRY GRANTS TO ELIMINATE EMISSIONS AT WELL SITES

OTTAWA, ON (November 12, 2021) NGIF Industry Grants, a division of NGIF Capital Corporation, is supporting the commercial demonstration of Westgen Technologies Inc.’s Engineered Power on Demand (EPOD) technology to enable the use of compressed air at remote well sites and eliminate methane emissions. Through $136,000 in approved funding, the project aims to unlock a carbon credit financing business model for …

NGIF INDUSTRY GRANTS ANNOUNCES $150,000 IN FUNDING FOR CCUS DEMONSTRATION PROJECT

OTTAWA, ON (October 15, 2021) NGIF Industry Grants, a division of NGIF Capital Corporation, is supporting Ionada’s modular carbon capture system that provides a compact and cost-effective solution for the energy and marine markets. Ionada offers a patented membrane contactor carbon capture system for small to mid-sized industrial emitters of up to 200,000 tonnes per year. Ionada is an Ontario-based cleantech startup …

NGIF ANNOUNCES ROUND 6 FINALISTS WITH OVER $700,000 IN FUNDING TO ADVANCE TECHNOLOGIES FOR UPSTREAM NATURAL GAS INDUSTRY

OTTAWA, ON (September 22, 2021) Emissions monitoring, methane mitigation, waste-heat utilization, fuel switching, and carbon capture utilization and storage projects are receiving funding from NGIF Industry Grants through its Round 6 Competition. Five projects were selected for a total of $720,553 in grant funding to advance technology innovations in the natural gas production sector. The approved projects have a combined …

JOHN ADAMS, PRESIDENT, CEO AND MANAGING PARTNER OF NGIF RANKS IN TOP 3 GLOBAL 100 INNOVATION CEO’S WINNERS

OTTAWA, ON (August 20, 2021) NGIF Capital Corporation, Canada’s first venture capital firm offering a hybrid investment and market-validation platform for cleantech startups, today announced that its President and CEO, John Adams, has been recognized as a 2021 World Biz Magazine’s Global Top 100 Innovation CEO. The awards celebrate exceptional business leaders globally who are making a significant mark on …

NGIF INDUSTRY GRANTS PROVIDES $300,000 IN FUNDING TO ADVANCE LARGE-SCALE GREEN HYDROGEN TECHNOLOGY

OTTAWA, ON (August 12, 2021) NGIF Industry Grants, a division of NGIF Capital Corporation, is supporting the ongoing testing and validation of Hydrogen Optimized’s high-current RuggedCell™ alkaline unipolar electrolyser technology. Through $300,000 in approved funding, the project will demonstrate the company’s large-scale green hydrogen production technology under solar panel, simulated wind turbine, and intermittent electrical grid conditions. Hydrogen Optimized is …

NGIF INDUSTRY GRANTS PROVIDES $72,000 IN FUNDING FOR NATURAL GAS EXPANDER POWER GENERATION

OTTAWA, ON (September 28, 2021) NGIF Industry Grants, a division of NGIF Capital Corporation, is supporting the product development and testing activities of RadMax’s patented “common rotary core” technology. With $72,000 in approved funding, the project will help accelerate commercialization through proof-of-concept laboratory and field tests that will be conducted to validate performance, durability, and overall economic viability. RadMax’s natural …

NGIF INDUSTRY GRANTS ANNOUNCES $300,000 IN FUNDING FOR RNG PRODUCTION

OTTAWA, ON (August 27, 2021) NGIF Industry Grants, a division of NGIF Capital Corporation, is supporting the upgrade of CHAR Technology’s operational high-temperature pyrolysis facility. Through $300,000 in approved funding, the project is forecasted to produce approximately 20,000 gigajoules of renewable natural gas (RNG) annually. Challenging the boundaries of technology, CHAR is focused on developing high-efficiency bio-products that deliver cleaner …