NorthX and Scotiabank announce strategic agreement to support women founders in climate tech

Vancouver, September 2, 2025 – NorthX Climate Tech (NorthX) and Scotiabank, through Roynat Capital, are pleased to announce a strategic agreement to accelerate opportunities for women innovators advancing climate hard tech solutions across Canada. This agreement reflects a shared commitment to advancing economic and professional opportunities for women and supporting Canadian climate solutions aiming to have global impact.

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.”

Sarah Goodman

CEO, NorthX Climate Tech

This new agreement is supported by The Scotiabank Women Initiative – a program committed to helping women succeed on their own terms. It also supports NorthX’s mandate to fund and scale climate technologies that matter – fast.  

“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.”

David Rozin

Vice President and Head, Technology & Innovation Banking, Roynat Capital

Together, NorthX and Scotiabank are creating meaningful opportunities to spotlight and support women founders, expand access to networks and capital, and drive measurable progress toward climate and equity goals — all while helping build a stronger, more resilient innovation economy in Canada.

In April, NorthX invested $2.46 million in five women-led climate tech ventures through its inaugural Women in Climate Tech Call for Innovation. Each were selected for their potential to deliver scalable climate impact and economic benefit.