Clean Tech

mCloud recorded record annual revenue of C$18.3 million and released its 2020 Revenue guidance in the $70-72M range, a year-over-year increase of almost 300%. [more]

good natured expects to grow revenue in 2020 by 70-90% to $17-19M, after completing the acquisition of Shepherd Thermoforming, new contracts signed earlier this year, and a new COVID-19 line. [more]

Highlights from Adelaide Capital’s CleanTech webinar with Aureus Energy, mCloud, Nano One, Questor and Thermal Energy. Competing in the trillion-dollar market. [more]

Xebec recorded record annual revenue of $49.3 million and re-affirmed 2020 Revenue growth guidance in the 60%-80% range. Well-funded for growth from equity financings in Q3 & Q4/2019 of $35.2 million and a $10M unsecured loan facility announced this week. [more]

Tesla’s stock price is up 108% and Nikola announces an RTO on the NASDAQ. The EV industry has surged during the past 5 years, but the onset of the COVID-19 virus has affected automobile supply chains and retail operations globally. [more]

Last week, Last Mile Holdings, previously known as OjO Electric Corp, announced the completed acquisition of Gotcha Mobility, a company with over 20,000 e-bikes and e-scooters permits across 80 locations. [more]

Waymo, a subsidiary of Alphabet Inc. focused on autonomous driving, announced this week its first external investment round, to be used towards supporting its current strategy of expanding partnerships. [more]

Good Natured Products announced a C$9.5M acquisition of Shepherd Thermoforming & Packaging, to increase its production capacity, expand its proprietary mold offerings, and improve its customized solutions for package designs. [more]