EDC unveils cleantech co-investment scheme, funds Pyrowave
Export Development Canada (EDC) has launched a co-investment initiative to support Canadian growth-stage clean technology companies. The Cleantech Co-Investment Program (CCIP) will partner with private investors to back companies with about $1 million in revenue and the potential to continue growing and access the global market. CCIP's debut deal was with Pyrowave, a Toronto and Montréal developer of a recycling technology that converts waste plastics into high-value end products. CCIP, Ecofuel, an affiliate of Cycle Capital Management, and a European investor provided $1 million in financing.
5 July 2018•4 mins read
