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ɬ﷬ to team up with Hard Climate to create cleantech spinoffs

Published: 18 April 2023

ɬ﷬ has entered into an agreement with (formerly known as BXVentures Canada) to facilitate and accelerate the commercialization of select cleantech projects that originate in ɬ﷬ labs.

Established in 2022, Hard Climate is Canada’s first venture studio that specializes in identifying and evaluating net-zero technologies and helping early-stage concepts become scalable businesses.

The firm adopts a ‘co-piloting’ approach with early-stage business ideas using a proven de-risking methodology and other value-creation mechanisms to guide projects along the path to sustained commercial activity. This includes providing initial capital, building a product market fit and offering operational support by its team of experienced entrepreneurs.

An international firm, the Canadian office of Hard Climate is headed by Marc Guilbert, who previously had a long career in corporate finance, strategy, and banking. “By aligning with ɬ﷬, internationally recognized for its cutting-edge fundamental and applied research, we can accelerate the launch of new research-based cleantech ventures in a wider range of fields than previously possible,” he said.

ɬ﷬ and Hard Climate hope to announce a first joint endeavour in the coming months.

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