Investments
261Portfolio Exits
19Funds
1Partners & Customers
7About Sustainable Development Technology Canada
Sustainable Development Technology Canada (SDTC) is a not-for-profit foundation that finances and supports the development and demonstration of clean technologies which provide solutions to issues of climate change, clean air, water quality and soil, and which deliver economic, environmental and health benefits to Canadians. SDTC operates two funds aimed at the development and demonstration of innovative technological solutions. The $550 million SD Tech Fund™ supports projects that address climate change, air quality, clean water, and clean soil. The $500 million NextGen Biofuels Fund™ supports the establishment of first-of-kind large demonstration-scale facilities for the production of next-generation renewable fuels. SDTC was established by the Government of Canada in 2001 and commenced operation in November of that year. SDTC's mission is to act as the primary catalyst in building a sustainable development technology infrastructure in Canada. The Foundation reports to Parliament through the Minister of Natural Resources Canada.
Latest Sustainable Development Technology Canada News
Nov 21, 2023
Innovation, Science and Economic Development Canada (ISED) has been made aware of allegations of workplace misconduct at Sustainable Development Technology Canada (SDTC). McCarthy Tétrault, a third-party law firm, has been appointed to review alleged breaches of labour and employment practices and policies which may include allegations of harassment, discrimination, bullying, or other improper employment-related conduct by or involving STDC employees and management. Current and former employees of SDTC with information relevant to this workplace review are encouraged to participate. SDTC has agreed that, to facilitate the review, any employee or former employee can speak freely to McCarthy Tétrault without fear of reprisal and without being considered as violating any applicable settlement agreements or non-disclosure agreements. If you are a current or former employee of SDTC with information specific to this review and would like to participate, please provide your contact information to McCarthy Tétrault by December 1, 2023, by completing the intake form . You can also email your contact information to McCarthy Tétrault at [email protected]. Notice: Review of human resources practices at Sustainable Development Technology Canada Press release Innovation, Science and Economic Development Canada (ISED) has been made aware of allegations of workplace misconduct at Sustainable Development Technology Canada (SDTC). McCarthy Tétrault, a third party law firm, has been appointed to conduct a review of alleged violations of labor and employment practices and policies, which may include allegations of harassment, discrimination, intimidation or any other inappropriate work-related conduct involving or involving employees and members of SDTC management. Former and current SDTC employees with information relevant to this workplace review are encouraged to participate. To facilitate the review, SDTC confirmed that any employee, former or current, could freely contact McCarthy Tétrault without fear of reprisal and without being considered to have contravened any settlement or agreement. applicable privacy policy. If you are a former or current SDTC employee with information relevant to the review and would like to participate, please provide your contact information to McCarthy Tétrault by December 1, by completing the form for this purpose . You can also send your contact details to McCarthy Tétrault by email at [email protected].
Sustainable Development Technology Canada Investments
261 Investments
Sustainable Development Technology Canada has made 261 investments. Their latest investment was in Niricson as part of their Series A on August 8, 2023.
Sustainable Development Technology Canada Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
8/2/2023 | Series A | Niricson | $7.49M | No | Bentley Systems, Export Development Canada, Forward Venture Capital, Invest Victoria, MUUS Climate Partners, Techstars, and Undisclosed Investors | 2 |
2/28/2023 | Grant | Maket | Yes | 1 | ||
2/23/2023 | Grant - II | 3E Nano | $3.7M | No | 1 | |
2/21/2023 | Grant | |||||
2/17/2023 | Grant - II |
Date | 8/2/2023 | 2/28/2023 | 2/23/2023 | 2/21/2023 | 2/17/2023 |
|---|---|---|---|---|---|
Round | Series A | Grant | Grant - II | Grant | Grant - II |
Company | Niricson | Maket | 3E Nano | ||
Amount | $7.49M | $3.7M | |||
New? | No | Yes | No | ||
Co-Investors | Bentley Systems, Export Development Canada, Forward Venture Capital, Invest Victoria, MUUS Climate Partners, Techstars, and Undisclosed Investors | ||||
Sources | 2 | 1 | 1 |
Sustainable Development Technology Canada Portfolio Exits
19 Portfolio Exits
Sustainable Development Technology Canada has 19 portfolio exits. Their latest portfolio exit was Encycle on October 10, 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 |
|---|---|---|---|---|---|
10/10/2023 | Acq - Fin | 2 | |||
9/12/2023 | Acquired | 2 | |||
6/13/2023 | Acquired | 3 | |||
Date | 10/10/2023 | 9/12/2023 | 6/13/2023 | ||
|---|---|---|---|---|---|
Exit | Acq - Fin | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 2 | 2 | 3 |
Sustainable Development Technology Canada Fund History
1 Fund History
Sustainable Development Technology Canada has 1 fund, including SD Tech Fund TM.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
SD Tech Fund TM | 1 |
Closing Date | |
|---|---|
Fund | SD Tech Fund TM |
Fund Type | |
Status | |
Amount | |
Sources | 1 |
Sustainable Development Technology Canada Partners & Customers
7 Partners and customers
Sustainable Development Technology Canada has 7 strategic partners and customers. Sustainable Development Technology Canada recently partnered with Maket on February 2, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
2/28/2023 | Partner | Canada | Maket and SDTC Partner to Revolutionize Building Planning with Generative AI MONTREAL , QUEBEC , CANADA , February 28 , 2023 / EINPresswire.com / -- Maket Technologies Inc. , a generative AI startup , is excited to announce a strategic partnership with SDTC , a Canadian organization that finds , funds , and fosters companies that are developing , demonstrating , and commercializing new technologies with the potential to transform Canada 's environmental and economic prosperity . | 1 | |
8/22/2019 | Partner | ||||
3/7/2019 | Partner | ||||
1/1/2018 | Partner | ||||
2/22/2017 | Partner |
Date | 2/28/2023 | 8/22/2019 | 3/7/2019 | 1/1/2018 | 2/22/2017 |
|---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | Canada | ||||
News Snippet | Maket and SDTC Partner to Revolutionize Building Planning with Generative AI MONTREAL , QUEBEC , CANADA , February 28 , 2023 / EINPresswire.com / -- Maket Technologies Inc. , a generative AI startup , is excited to announce a strategic partnership with SDTC , a Canadian organization that finds , funds , and fosters companies that are developing , demonstrating , and commercializing new technologies with the potential to transform Canada 's environmental and economic prosperity . | ||||
Sources | 1 |
Sustainable Development Technology Canada Team
3 Team Members
Sustainable Development Technology Canada has 3 team members, including former Chief Executive Officer, President, Vicky Sharpe.
Name | Work History | Title | Status |
|---|---|---|---|
Vicky Sharpe | Chief Executive Officer, President | Former | |
Name | Vicky Sharpe | ||
|---|---|---|---|
Work History | |||
Title | Chief Executive Officer, President | ||
Status | Former |
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