Investments
29Portfolio Exits
3Funds
2About Amplify Capital
Amplify Capital provides funding and support to Canadian companies pursuing social and environmental outcomes with business models that scale. We back passionate entrepreneurs leveraging the tools of modern technology to address society's biggest challenges in delivering better health outcomes, a more sustainable planet and happier people through innovative education and work sustainability.
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Latest Amplify Capital News
Jul 31, 2023
Carbon Upcycling Technologies Inc. , a Calgary, Canada-based provider of circular decarbonization solutions, closed a US$26m Series A funding. The round was co-led by Climate Investment and BDC Capital’s Climate Tech Fund with participation from existing financial investors Clean Energy Ventures, its angel investor collective CEVG, Amplify Capital, and strategic investors, Oxy Low Carbon Ventures, CRH Ventures, and Cemex Ventures. The company intends to use the funds to deploy multiple commercial projects, including two co-located directly at cement plants. Led by Apoorv Sinha, Founder and CEO, Carbon Upcycling is a leader in circular decarbonization solutions for hard-to-abate sectors, including cement, steel, and mining. The all-electric solution mineralizes CO2 emissions from industrial facilities and upcycles industrial byproducts into materials that reduce the carbon footprint of cement and concrete. Its commercial project deployments with, CRH in Canada and CEMEX in the United Kingdom, will be the first to integrate carbon capture and utilization at a cement plant. The company’s projects and research are also being supported by grants from the Government of Canada, UK Research and Innovation, and the US Department of Energy through work with the Colorado National Renewable Energy Laboratory. FinSMEs 31/07/2023
Amplify Capital Investments
29 Investments
Amplify Capital has made 29 investments. Their latest investment was in Carbon Upcycling Technologies as part of their Series A on July 7, 2023.
Amplify Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
7/28/2023 | Series A | Carbon Upcycling Technologies | $26.11M | No | 2 | |
6/29/2023 | Seed VC | Kidovo | $1.2M | Yes | Amplify Capital, Ashish Singhal, Good Capital, Undisclosed Angel Investors, and Venture Highway | 2 |
3/1/2023 | Convertible Note | Ditch Labs | $2.46M | No | Amplify Capital, Anges Quebec, Boreal Ventures, Investissement Quebec, Meditrial, Symphony Care Network., The Kale Fund, and Undisclosed Angel Investors | 1 |
2/22/2023 | Series A | |||||
9/20/2022 | Series A |
Date | 7/28/2023 | 6/29/2023 | 3/1/2023 | 2/22/2023 | 9/20/2022 |
|---|---|---|---|---|---|
Round | Series A | Seed VC | Convertible Note | Series A | Series A |
Company | Carbon Upcycling Technologies | Kidovo | Ditch Labs | ||
Amount | $26.11M | $1.2M | $2.46M | ||
New? | No | Yes | No | ||
Co-Investors | Amplify Capital, Ashish Singhal, Good Capital, Undisclosed Angel Investors, and Venture Highway | Amplify Capital, Anges Quebec, Boreal Ventures, Investissement Quebec, Meditrial, Symphony Care Network., The Kale Fund, and Undisclosed Angel Investors | |||
Sources | 2 | 2 | 1 |
Amplify Capital Portfolio Exits
3 Portfolio Exits
Amplify Capital has 3 portfolio exits. Their latest portfolio exit was Classcraft on May 11, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
5/11/2023 | Acquired | 2 | |||
Date | 5/11/2023 | ||
|---|---|---|---|
Exit | Acquired | ||
Companies | |||
Valuation | |||
Acquirer | |||
Sources | 2 |
Amplify Capital Fund History
2 Fund Histories
Amplify Capital has 2 funds, including Amplify Capital Fund II.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
2/4/2022 | Amplify Capital Fund II | $30.7M | 2 | ||
12/31/2019 | Amplify Capital Fund I |
Closing Date | 2/4/2022 | 12/31/2019 |
|---|---|---|
Fund | Amplify Capital Fund II | Amplify Capital Fund I |
Fund Type | ||
Status | ||
Amount | $30.7M | |
Sources | 2 |
Amplify Capital Team
1 Team Member
Amplify Capital has 1 team member, including current Managing Partner, Kathryn Wortsman.
Name | Work History | Title | Status |
|---|---|---|---|
Kathryn Wortsman | Kelso Coatings, Lynx Equity, Bank of Montreal, MetLife, Bear Stearns, GE Antares Capital, Canadian Imperial Bank of Commerce, CIBC Capital Partners, and RBC Capital Markets | Managing Partner | Current |
Name | Kathryn Wortsman |
|---|---|
Work History | Kelso Coatings, Lynx Equity, Bank of Montreal, MetLife, Bear Stearns, GE Antares Capital, Canadian Imperial Bank of Commerce, CIBC Capital Partners, and RBC Capital Markets |
Title | Managing Partner |
Status | Current |
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