NorthX and Scotiabank partner to back women founders in climate tech

The collaboration highlights a joint commitment to broadening economic prospects for women and accelerating the development of Canadian climate technologies with global potential.

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Women's Tabloid News Desk

NorthX Climate Tech (NorthX) has announced a new strategic agreement with Scotiabank, through Roynat Capital, aimed at creating fresh opportunities for women founders advancing climate hard tech across Canada.

The collaboration highlights a joint commitment to broadening economic prospects for women and accelerating the development of Canadian climate technologies with global potential.

Sarah Goodman, CEO of NorthX Climate Tech, said: “At NorthX, we’re supporting bold, scalable solutions that are designed to drive decarbonization and unlock real economic growth. Together with Scotiabank, we’re uniting a community of innovators with financial experts dedicated to helping more women-led companies grow and lead—while shaping the future of climate technology in Canada.”

The partnership is underpinned by the Scotiabank Women Initiative, which is designed to help women succeed on their own terms, and aligns with NorthX’s mission to back and scale climate technologies at pace.

David Rozin, Vice President and Head of Technology & Innovation Banking at Roynat Capital, added: “At Scotiabank, we believe that unlocking the full potential of Canada’s innovation economy means ensuring diverse voices have a seat at the table—especially in sectors as critical as climate technology. Through our collaboration with NorthX and support for the Women in Climate Tech initiative, we’re proud to help empower more women entrepreneurs to scale bold solutions that address climate challenges and drive sustainable growth across Canada.”

The agreement is set to create new avenues for women founders to access networks, capital, and visibility, while also pushing forward climate and equity goals.

Earlier this year, NorthX committed $2.46 million to five women-led climate tech ventures through its inaugural Women in Climate Tech Call for Innovation, selecting companies with the capacity to deliver scalable environmental and economic impact.

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