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Waterloo startup winner of Ignite seed funding

Wednesday, December 5, 2018

Evelyn Allen holding cheque from IgniteUniversity of Waterloo based startup Evercloak has been named a finalist in the Ontario Power Generation Ignite competition.

Qualifying in the Environment and Electrification Development category, Evercloak was awarded $25,000 to further develop their large-area nanofilms made of graphene and other 2D wonder materials. These films are increasingly used in cleantech applications such as water purification, energy storage, corrosion prevention, sensing, and smart packaging.

Evercloak’s Chief Executive Officer, Evelyn Allen, was also recently named among six women across Canada to compete for a $1-million grand prize in the Women in Cleantech Challenge. Funded by Natural Resources Canada and MaRS Discovery District, the challenge provides an opportunity for Canadian women entrepreneurs to develop world-class cleantech solutions and launch innovative cleantech startups.

As a startup, Evercloak has been supported by the Waterloo Commercialization Office (WatCo) which helps researchers and partners further develop opportunities for commercialization.

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