Innosphere adds Canadian startups to the mix

Fort Collins-based Innosphere announced on Thursday that it is working with six Canadian clean-tech companies as part of the incubator’s relationship with Denver’s Canadian Technology Accelerator.

This is the third cohort of Canadian startups Innosphere has worked with through the partnership.

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CTA, launched in 2009 in Silicon Valley, now has accelerators in New York, Boston and Denver.

“This program helps Innosphere highlight Colorado as a leader in the clean-tech industry and allows us to build our network of investors and corporate strategies to help all our client companies,” Innosphere clean-tech director Rob Writz said in a press statement.

The current group of Canadian companies began over the summer and wraps up next week with two major investor events in Denver. On Monday at its Denver office, Innosphere will host the CTA Day of Acceleration for the companies to pitch in front of investors. On Tuesday and Wednesday, the National Renewable Energy Laboratory will host its Industry Growth Forum in Denver, where two of the CTA companies have been chosen to present.

The six Canadian companies participating in the CTA group include:

Airex Energy, a spinoff of equipment manufacturer Airex Industries, has a patented process for heating biomass with low temperatures, resulting in a coal-like substance called biocoal.

Aurora Control Technologies, develops measurement and control technology for photovoltaic wafer and cell manufacturers.

Gas Plume Imaging provides trace gas monitoring services using networks of sensors for oil and gas-related industries.

PCS Technologies licenses reactor technology and assists municipal, forestry and agricultural clients in converting waste cellulose feedstock into polymeric solid biofuel.

PowerDisc has a flow field geometry for Proton Exchange Membrane fuel cells that provides a 30 percent capital cost reduction or 40 percent performance increase versus other fuel cell manufacturers.

Solaris offers a low-cost “SunPump” that combines solar energy efficiency into a compact heating, cooling and hot water system as a replacement for boilers and furnaces in homes.