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NorthX Invests $2.2 Million in BC Wildfire Tech Startups
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6 months ago

NorthX Invests $2.2 Million in BC Wildfire Tech Startups

Canada

News Summary

NorthX Climate Tech has announced a $2.2 million investment in three British Columbia-based startups focused on wildfire prevention and management technologies. The funding recipients include Crwn.ai, Nova, and Skyward Wildfire Technologies, each developing innovative solutions to address the increasing risk of wildfires in Canada. Crwn.ai, based in Kelowna, utilizes sensors and AI to monitor and predict wildfires on transmission lines, receiving nearly $981,000 to expand its monitoring devices. Victoria-based Nova is enhancing its drone mapping software to integrate data from multiple platforms, securing $600,000 in funding. Skyward Wildfire, located in Vancouver, is working on AI weather modeling to prevent lightning-induced wildfires and has been granted $643,000 for its lightning prevention system. NorthX aims to support these startups in scaling their proven technologies to prevent wildfires from becoming disasters.

Story Coverage

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