Based out of Burnaby, pH7 Technologies is a globally recognized clean-tech innovator providing mines and original equipment manufacturers with eco-friendly and cost-effective technology-based solutions for extracting and processing high-value metals deemed essential for the development of hydrogen energy and electrification.
This week, the federal government unveiled nearly $4 million in funding for three Burnaby businesses, including pH7, a top startup to work for in Canada.
The announcement was made by Terry Beech, Minister of Citizens’ Services and Member of Parliament for Burnaby North, while visiting pH7’s headquarters.
“Fresh ideas and groundbreaking advancements are shaping [Burnaby] and fuelling a dynamic business community,” Beech said. “PacifiCan is here to support these organizations as they expand into new markets, create quality jobs, and transform global industries.”
PH7, a 2024 TIA finalist, is receiving $1.5M in funding through the Pacific Economic Development Agency of Canada’s Business Scale-up and Productivity program. PacifiCan’s investment will allow the company to increase its production capacity in Burnaby and meet growing demand for renewable energy options, according to a statement from the government.
“PH7’s industrial-scale Demonstration Plant will soon begin the clean extraction of critical metals from end-of-life materials at full capacity,” stated founder Mohammad Doostmohammadi. “PacifiCan’s funding and essential support are instrumental in enabling pH7 to contribute to a circular economy and enhance the efficient, economical, and environmentally sustainable supply of critical metals.”
PosiTrace, a supplier of fleet management and GPS tracking solutions, is receiving $1,230,000 in funding through the Business Scale-up and Productivity program. The firm’s innovative reporting software provides businesses with real-time visibility into vehicle location and route analytics, which improves productivity and reduces costs and fuel consumption.
And Rigid Robotics is receiving $975,000 through PacifiCan’s Jobs and Growth Fund to further develop its AI-powered cloud platform and application technology for the mining industry.
The investments announced this week are expected to help create nearly 50 new jobs combined.
PacifiCan invests in a range of opportunities, from projects out of UBC to boosting tourism and innovation on Vancouver Island and pumping up the province’s fastest growing city.
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