Cleantech is one of the hottest sectors in the economy
CALGARY, Alberta (PRWEB) March 19, 2021
ZS2 Technologies, a rapidly growing Calgary-based building technology company has been recognized as Alberta’s top emerging cleantech company.
The company took home the top prize at the Alberta Cleantech Investment Summit, which was held virtually on March 11. Four Albertan cleantech companies received over $450,000 in investment at the event.
“Being surrounded by so many amazing cleantech companies was a fantastic experience. It made me appreciate the entrepreneurial spirit that is 17 in Alberta and how we as a province continue to innovate and pioneer solutions with global implications,’’ said Doug Brown, co-founder and CTO of ZS2 Technologies. “This capital will help us launch our company into the next phase of our growth.”
A high-energy event with over 150 participants, the Summit concluded a process that engaged 28 investors and nearly 40 entrepreneurs. Over a six-week period, the investors heard pitches from the province’s top emerging cleantech companies and conducted due diligence while learning about investing from experienced angel groups and some of Canada’s leading cleantech venture capitalists. Five finalists pitched at the Summit
“I’m so proud of how fast our team has worked over the last year to take ZS2 Technologies from an idea to Alberta’s leading cleantech startup,” says Scott Jenkins, co-founder and CEO of ZS2 Technologies. “This investment, combined with our fully subscribed first round of financing is allowing us to ramp up and expand domestic manufacturing in Alberta this year, and positioning us to be Canada’s leader in sustainable premanufactured building materials that are healthier for people and the planet.
The Summit is a partnership between Startup TNT, the Alberta Clean Technology Industry Alliance (ACTia), Foresight Cleantech Accelerator Centre (Foresight), and the Energy Futures Lab (EFL).
“Cleantech is one of the hottest sectors in the economy,” said Jason Switzer of ACTia. “It plays to Alberta’s strengths in industrial innovation, agriculture and energy. With this event and growing community of investors, we are helping Albertans support companies with global potential”.
A recording of the final night of pitches at the Summit can be viewed here.
About ZS2 Technologies
ZS2 Technologies is innovating today, for a better planet tomorrow. Their mission is to research and accelerate the development and adoption of construction technologies which are stronger, safer and healthier for people and our planet. They’re developing advanced building technologies including proprietary fire-rated, non-toxic, low-carbon building materials, and prefabricated panels which provide cost certainty, accelerated construction timelines, and lower building operating costs.