"FOMO is probably at play but the market is changing as we are not the only Vancouver startup closing two consecutive rounds in such a short period,” said its CEO.
Shell Canada chipping in $35 million, which matches the provincial government’s investment.
Leaders recognized from AbCellera, Cymax and Jane App, among other fast-growing firms.
The company has seen significant growth on the heels of its $2 million funding round in March, growing from 4 people to 20 employees.
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The investment in 7Gen is meant to drive the development of commercial EV charging infrastructure throughout Vancouver and Canada.
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The funds will be used to complete the development of Alpha’s on-orbit SAR processing technology over a period of 20 months.
It’s not about low emissions for BC’s hydrogen tech sector. It’s about no emissions.
The move follows the launch of BBTV's NFT division in May of this year.