The Climate Cycle

Backing the Builders: NorthX's playbook for scaling climate tech with Sarah Goodman


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In this episode, I’m joined by Sarah Goodman, President and CEO of NorthX.

NorthX deploys non-dilutive catalytic capital at the early stages of commercialization, where founders face high risk, limited funding options, and a real need for industry traction. Their model has now supported more than 80 projects and helped unlock nearly half a billion dollars in follow-on investment from commercial partners and investors.

In this episode:

  • The unique challenges faced by early-stage hardtech
  • Why NorthX thinks like a VC fund to deploy non-dilutive funding
  • How catalytic capital unlocked real traction for Arca, Mangrove Lithium, Moment Energy and others
  • What founders need to know about securing their first industry partners
  • Why Canadian climate startups need to think globally from day one
  • The strategic opportunity for Canada to lead on climate tech

The NorthX model is truly unique in Canada, and is making real progress on scaling up climate hardtech. If you're interested in how climate tech actually makes it to market, this one's for you.

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The Climate CycleBy Climate Tech Canada