What is Evercloak?
Evercloak is an innovative cleantech enterprise specializing in the production of continuous, large-area monolayers of exfoliated 2D nanomaterials. By leveraging advanced manufacturing techniques, the company provides critical components for energy storage, smart packaging, and electronic devices. A core component of their market strategy involves the development of graphene-based membranes designed for high-efficiency dehumidification. This technology addresses a significant pain point in the built environment by drastically reducing the energy consumption and greenhouse gas emissions associated with traditional building cooling systems. As a recipient of the NRCan Breakthrough Energy Solutions Canada program, Evercloak has demonstrated both technical viability and the potential for significant environmental impact.
How much funding has Evercloak raised?
Evercloak has raised a total of $2M across 1 funding round:
Angel/Seed
$2M
Angel/Seed (2024): $2M with participation from Greensoil PropTech Ventures, Bioindustrial Innovation Canada, and GroundBreak Ventures
Key Investors in Evercloak
Greensoil PropTech Ventures
Greensoil PropTech Ventures specializes in transforming the built environment through sustainable innovation, focusing on companies that drive digitization and decarbonization in the real estate sector.
Bioindustrial Innovation Canada
Bioindustrial Innovation Canada provides strategic capital and advisory services to businesses developing clean technologies, with a specific mandate to support the transition to a net-zero carbon economy.
GroundBreak Ventures
GroundBreak Ventures invests in early-stage entrepreneurs who are innovating within the housing and construction sectors, focusing on solutions that improve energy efficiency and affordability.
What's next for Evercloak?
With this major enterprise-level funding, Evercloak is poised to transition from pilot-scale development to full-scale commercial deployment. The strategic focus will likely center on scaling the manufacturing infrastructure required to meet the growing demand for high-performance nanomaterial films. By integrating these materials into HVAC and building management systems, the company aims to establish a new standard for energy-efficient infrastructure. Future growth will be driven by the expansion of their intellectual property portfolio and the cultivation of strategic partnerships within the global construction and electronics supply chains, ensuring that their sustainable solutions are embedded into the next generation of smart, low-carbon buildings.
See full Evercloak company page
