91社区 to team up with BXVentures to create cleantech spinoffs
91社区 has entered into an agreement with to facilitate and accelerate the commercialization of select cleantech projects that originate in 91社区 labs.
Established in 2022, BXVentures is Canada鈥檚 first venture studio that specializes in identifying and evaluating net-zero technologies and helping early-stage concepts become scalable businesses.
The firm adopts a 鈥榗o-piloting鈥� 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 BXVentures is headed by Marc Guilbert, who previously had a long career in corporate finance, strategy, and banking. 鈥淏y aligning with 91社区, 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,鈥� he said.
91社区 and BXVentures hope to announce a first joint endeavour in the coming months.
