aPRIL 2026 UPDATES

FUND III

Signed a contract to develop 30 workforce housing units in remote Cape Breton, expanding their footprint of Canadian-built homes.

Signed four new manufacturers to their platform and began a pilot with the largest workplace furniture manufacturer globally.

Ran 5 demos and completed development of the beta of their PLG product offering.

Expanded into California with a new state license and the opening of several new locations.

Grew pipeline 4X YoY.

Signed a LOI with Royal Canin for future offtake of their Fresh Mycelium ingredient in specialty pet food, and took possession of new Vancouver headquarters to expand production.

Onboarded a team of senior industry advisors to expand commercial reach and strengthen credibility with major network operators.

Retrieved heat sensor data from initial holes drilled at full capacity depth demonstrating adequate heat for energy production.

Deployed their first aircraft of the 2026 season and entered active discussions with several new global jurisdictions for evaluative trials of their lightning intelligence products and aircraft operations.

Closed a seven-figure contract with the largest investor-owned utility by customer count in the US. The AI-based transmission planning automation system brings faster speed-to-power through quicker studies and large load flexibility.

Closed a PO for 1000 vehicles with Greenwheels, Uber's exclusive fleet partner in Kenya.


FUND II

Added $3M of new pipeline, including their first indoor agriculture and controlled environment prospects.

Signed a $2.3M offtake contract ahead of the 2026 bean harvest, broke ground on their Oklahoma facility and signed a paid development project with Purina for mycotoxin remediation in pet food ingredients.

Launched a pilot with the US Senate and hit another all-time high revenue month, growing 10% MoM.

Progressed into diligence for financing of their first commercial battery deployment.Closed their best sales quarter ever with a strong March, reaching $670K in new sales.

Presented to a leading US regional energy consortium on integrating ductless heat pumps into grid demand response, positioning their technology at the center of next-generation utility programs.

Built a new subscription product ready for launch, independent of any banking partnership.

Advanced a $10M pipeline opportunity in Orange County.

Signed their 250th commercial rooftop solar lease, representing over 150 MW of solar capacity.

Completed a POV with a major US footwear brand, increasing digital design-testing throughput by 150X while reducing reliance on physical prototypes.

Secured four additional Resiflex EVMC agreements through their primary partner, Uplight.

Entered negotiations with a global-scale data center developer for a bulk purchase of site diligence assessments, plus a Big 4 accounting firm for enterprise-wide Othersphere access.

Advanced their Genesee & Wyoming partner program with the Chicago and Fort Wayne Railway rollout, continued live operations with OmniTRAX's Illinois Railway, and began system configuration for Carlton Trail Railway.

Rolled out their Success Training program for 200+ onboarded suppliers, accelerating software adoption and path to mission-critical status for their commercial operations.

FUND I

Finalized a factoring agreement that expedites cashflows on receivables and supports expedited growth.

Launched building-level chatbot agents that instantly research databases to identify compliance requirements and local rebates and grants.

Reopened discussions with the DOE on the Antheia carbon storage project.

Parent brand Microfactory Venture Platform (MVP) expanded circular manufacturing into industrial agricultural waste streams.

Expanded their sales team with a new North America lead and global lead.

Launched customized Cooling Readiness reports to help customers proactively prepare HVAC systems before peak summer demand, with strong early adoption across the portfolio.

Renewed PwC Canada as a client at $200K, winning against Claude thanks to new messaging and positioning to differentiate against 'generic AI'.

Introduced AI-powered retail buyer reports, giving brands and retailers clear insights into real consumer sentiment for category reviews and supporting new listings.

Launched a Smart Outlet and Flex Charger that eliminates the need for building owners to juggle multiple vendors, systems, or networks to serve different use cases, whether across a portfolio of sites or within a single facility.