Victoria, British Columbia-based clean technology startup Othersphere has secured over $3 million Canadian dollars ($2.2 million) in seed financing to develop its location optimization platform for sustainable commodities. The platform aims to aid stakeholders determine optimal locations for building new production assets for zero- and low-emission commodities, such as clean hydrogen.
Led by Vancouver-based early-stage cleantech fund Active Impact Investments, the funding round also saw support from Thin Line Capital, KDX, and Keiki Capital. The funding will help address challenges in scaling climate technology projects by determining the best geographic fit for green-infrastructure initiatives.