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Send Rakhi to UK swiftly with UK Gifts Portal

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LONDON and NEW DELHI, May 29, 2024 /PRNewswire/ — Raksha Bandhan is around the corner, and it is a festival that everyone eagerly waits for. Raksha Bandhan is not just celebrated in India; instead, it has become a global festival as the Indian Diaspora has spread across the world.

In the UK, there are more than 1.8 million British Indians, and sisters in India have to send their Rakhi all the way to the UK to celebrate the occasion. Sending Rakhi to the UK is not a hassle anymore, as the UK Gifts Portal, a leading online Rakhi store in the UK, has become the preferred choice for sisters to send Rakhi to their beloved brother in the UK.

Hearing it from the founder and CEO of UK Gifts Portal, Mr Bhavesh Sharma, on how they have revolutionised the Rakhi celebration in the UK and more than 100 countries.  “Our mission at UK Gifts Portal is to make the celebration of Rakhi a seamless and joyous experience, regardless of geographical boundaries,” says Mr Bhavesh Sharma. “We are thrilled to introduce our services to new destinations like Singapore and across Europe, allowing families to honour their traditions with ease.”

Here is how the website has simplified the Rakhi sending process:

Rakhi to Every Part of the UK

The platform’s robust delivery network covers all corners of the UK. Sisters can send Rakhi to UK and be assured that the Rakhi will be delivered to their brother’s doorstep. Whether it is London, Birmingham, Manchester, Leicester, Oxford, Nottingham, Newcastle, and Edinburgh in Scotland & Cardiff in Wales or any other location in the UK, the platform delivers Rakhi to every part of the UK. 

“Our mission is to ensure that this cherished tradition reaches every part of the UK, from bustling cities to remote villages, allowing brothers and sisters to express their affection and strengthen their bond regardless of distance. With our commitment to quality and prompt delivery, we aim to make Rakhi a joyous occasion for all, spreading love and happiness to every corner of the country,” stated Mr Bhavesh Sharma.

Worldwide Free Delivery 

The platform provides online Rakhi delivery in the UK, USA, Canada, Australia, and 27 countries across Europe. The Indian Diaspora is the largest Diaspora in the world, and the website understands it brilliantly. That’s why they provide free Rakhi shipping in a plethora of countries. The best part is that sisters can even add Rakhi gift hampers with the Rakhi and surprise their brother.

With the help of the platform, sisters can send Rakhi Gifts Hampers to USACanada, India, Germany, Sweden, Ireland, or wherever their brother lives. 

“We are thrilled to introduce our services to new destinations like Singapore and across Europe, allowing families to honour their traditions with ease. We provide free shipping so that customers can send Rakhi and rakhi gifts to any part of the world without worrying about budget constraints,” describes Mr Sharma. 

Same-day & Next-Day delivery

The website has taken online rakhi delivery in the UK to the next level as it provides same-day and next-day delivery in the UK. For all the last-minute shoppers, it is such a blessing as they can send Rakhi to London, Birmingham, Manchester, or any part of the UK from the comfort of their home. 

“At UK Gifts Portal, we are committed to making every gifting experience memorable and hassle-free for our customers. Our same-day and next-day delivery services show our dedication to providing unparalleled convenience and ensuring that our customers’ sentiments are conveyed promptly,” said Mr Bhavesh Sharma. 

About the Company

Since its establishment in 2015, the UK Gifts Portal has been the most prominent online Rakhi store in the UK. The platform provides an extensive variety of Rakhi and Raksha Bandhan gifts at affordable prices.  Whether it is personalised gifts, chocolates, sweets, plants, or any other hamper, the website has the perfect gift to bring a smile to the sibling’s face. With a commitment to quality, creativity, and customer satisfaction, UK Gifts Portal has emerged as a trusted name in the gifting industry, delighting customers with its thoughtful offerings and exceptional service.

Contact us:

Email: info@ukgiftsportal.co.uk
+44-7405700518

https://ukgiftsportal.co.uk/

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Processing in-Memory AI Chips Market Set to Skyrocket from $231M in 2025 to $44B by 2032 at 112.4% CAGR | Valuates Reports

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What is the Market Size of Processing in-Memory AI Chips?

BANGALORE, India, April 29, 2026 /PRNewswire/ — The global Processing in-memory AI Chips market was valued at USD 231 Million in 2025 and is anticipated to reach USD 44335 Million by 2032, at a CAGR of 112.4% from 2026 to 2032.

 

 

Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-15O17238/Global_Processing_in_memory_AI_Chips_Market_Research_Report_2024

What are the key factors driving the growth of the Processing in-Memory AI Chips Market?

The processing in-memory AI chips market is expanding due to growing pressures on compute architectures from data movement inefficiency, latency constraints, rising power sensitivity, and deployment cost control across AI workloads.Demand is shifting toward chip designs that minimize the distance between memory and computation, enabling faster inference execution and better throughput under constrained thermal and energy conditions.This trend is especially relevant for workloads where bandwidth pressure, response time, and local processing efficiency directly determine system value.The market benefits from broader interest in architectures supporting both edge and data center AI tasks, without full reliance on conventional processor-memory separation.These factors create a strong commercial foundation for processing in-memory adoption.

Source from Valuates Reports: https://reports.valuates.com/market-reports/QYRE-Auto-15O17238/global-processing-in-memory-ai-chips

TRENDS INFLUENCING THE GROWTH OF THE PROCESSING IN-MEMORY AI CHIPS MARKET:

DRAM-PIM is driving growth in the processing in-memory AI chips market by addressing one of the most persistent bottlenecks in AI computing, which is the heavy cost of transferring data between memory and logic. By embedding compute capability closer to high-capacity memory structures, DRAM-PIM improves efficiency in bandwidth-intensive inference and parallel data handling environments. This makes it highly relevant for larger models and workloads that require sustained access to large datasets with lower latency overhead. Its role in improving throughput while reducing external data shuttling is strengthening its position in advanced AI infrastructure, particularly where performance scaling must happen without proportionate increases in power draw or board-level complexity.

SRAM-PIM is supporting market growth by serving AI use cases that prioritize low latency, fast local access, and power-efficient computation in compact environments. Its architectural suitability for tightly coupled memory and processing enables faster execution of inference tasks where response speed is critical and repeated memory access patterns are concentrated. This makes SRAM-PIM especially attractive in edge AI systems, embedded intelligence platforms, and applications where energy budgets and footprint limitations are decisive purchase factors. As device-side intelligence becomes more valuable across industrial, consumer, and autonomous systems, SRAM-PIM is gaining traction as a practical route to delivering on-chip efficiency without the penalties associated with conventional memory-transfer-heavy architectures.

In-memory processing chips are driving the growth of the processing in-memory AI chips market by creating a more application-aligned hardware approach for modern AI inference. Their appeal lies in improving usable performance per watt, reducing system bottlenecks, and enabling more scalable deployment economics across both small and large computing power environments. These chips are increasingly viewed as a structural response to the limitations of traditional architectures in handling AI workloads efficiently. As buyers seek solutions that can balance throughput, heat, latency, and integration flexibility, in-memory processing chips are moving from niche experimentation toward broader commercial adoption, supporting a market that is increasingly defined by workload efficiency rather than raw compute expansion alone.

A major factor supporting the market is the growing need to reduce the cost of data movement inside AI systems. In conventional architectures, moving data back and forth between memory and processors consumes time, power, and system resources. Processing in-memory chips directly address this problem by bringing computation closer to stored data. This improves execution efficiency and makes the architecture attractive for inference-heavy environments where repetitive data access creates performance drag. As buyers increasingly evaluate compute systems based on usable efficiency rather than nominal processing strength, demand for architectures that minimize data transport overhead continues to strengthen the market.

Power efficiency is emerging as a decisive growth factor for the processing in-memory AI chips market. AI deployment is no longer limited to environments where power availability is secondary. Enterprises, edge operators, and embedded system developers now require hardware that can support meaningful intelligence under tight energy and thermal budgets. Processing in-memory designs improve energy utilization by reducing unnecessary memory access traffic and enabling more efficient task execution. This gives them strong relevance in a market where lower operating cost, thermal manageability, and sustained performance matter as much as raw computational output, especially across continuously running inference systems and distributed AI infrastructure.

The expansion of edge AI is supporting market growth by increasing demand for chips that can perform inference closer to the source of data. Edge systems need fast decision-making, low energy consumption, and compact integration, all of which align well with processing in-memory designs. As intelligence moves into cameras, sensors, industrial devices, and smart endpoints, conventional architectures often face efficiency tradeoffs that reduce suitability in such environments. Processing in-memory chips help overcome these limitations by supporting local computation with lower latency and reduced data transfer dependency. This makes the technology increasingly relevant as edge intelligence shifts from optional capability to essential product differentiation.

The growing complexity of AI inference workloads is creating favorable conditions for processing in-memory adoption. As models become more memory-intensive and inference demand spreads across commercial applications, the limitations of traditional compute-memory separation become harder to ignore. Buyers are looking for architectures that can handle repeated memory access more efficiently and sustain performance under real deployment conditions. Processing in-memory chips respond to this need by improving memory interaction efficiency, which is particularly valuable in workloads where bandwidth and latency determine real-world usefulness. This shift is helping the market as hardware decisions become increasingly shaped by inference practicality rather than theoretical compute scale.

The market is also benefiting from a growing emphasis on cost-per-inference rather than simple peak performance comparisons. Buyers increasingly want AI hardware that can deliver consistent workload execution with better efficiency, lower supporting infrastructure requirements, and more practical deployment economics. Processing in-memory chips are well positioned in this context because they help reduce some of the overhead traditionally associated with memory bottlenecks, energy consumption, and system complexity. Their value proposition becomes stronger when purchasing decisions are based on long-term operating efficiency and scalable deployment. This cost discipline is pushing interest toward architectures that offer more balanced performance across real commercial use cases.

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What are the major product types in the Processing in-memory AI Chips Market?

DRAM-PIMSRAM-PIM

What are the main applications of the Processing in-memory AI Chips Market?

Near-Memory Computing (PNM) ChipIn-Memory Processing (PIM) ChipIn-Memory Computing (CIM) Chip

Key Players in the Processing in-memory AI Chips Market:

MyhticSyntiantD-MatrixHangzhou Zhicun (Witmem) TechnologyBeijing Pingxin TechnologyAistarTekSAMSUNGSK HynixShenzhen Reexen TechnologyGraphcoreAxelera AISuzhou Yizhu Intelligent TechnologyBeijing Houmo TechnologyEnCharge AI

Which region dominates the Processing in-memory AI chips market?

Asia-Pacific remains the most dynamic region due to its deep semiconductor ecosystem, expanding edge device manufacturing base, strong memory technology orientation, and increasing integration of AI into consumer and industrial electronics. China is supporting market formation through locally aligned compute architecture development, while South Korea, Japan, and Taiwan provide supply-side depth through memory and advanced chip ecosystem capabilities. Other regions are adopting more gradually, mainly through selective edge AI and infrastructure modernization use cases.

Purchase Regional Report: https://reports.valuates.com/request/regional/QYRE-Auto-15O17238/Global_Processing_in_memory_AI_Chips_Market_Research_Report_2024

SUBSCRIPTION

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What are some related markets to the Processing in-memory ai chips market?

Computing in Memory Technology Market was valued at USD 268 Million in the year 2024 and is projected to reach a revised size of USD 175260 Million by 2031, growing at a CAGR of 154.7% during the forecast period.In-memory Computing Chips for AI market was valued at USD 231 Million in 2025 and is anticipated to reach USD 44335 Million by 2032, at a CAGR of 112.4% from 2026 to 2032.HTAP-Enabling In-Memory Computing Technologies MarketIMDG (In-Memory Data Grid) Software Market Research ReportEmbedded Ai Chips Market Research ReportUltra-low Power AI Chips Market Research ReportHigh-Bandwidth Memory Chips Market was valued at USD 3816 Million in the year 2024 and is projected to reach a revised size of USD 139450 Million by 2031, growing at a CAGR of 68.2% during the forecast period.LPDDR Chips Market was valued at USD 6891 Million in the year 2024 and is projected to reach a revised size of USD 10870 Million by 2031, growing at a CAGR of 6.8% during the forecast period.Semiconductor Memory Market was valued at USD 125890 Million in the year 2024 and is projected to reach a revised size of USD 232900 Million by 2031, growing at a CAGR of 9.3% during the forecast period.AI Calculus Chips Market was valued at USD 46520 Million in the year 2024 and is projected to reach a revised size of USD 269300 Million by 2031, growing at a CAGR of 25.1% during the forecast period.Military Chips Market was valued at USD 1168 Million in the year 2024 and is projected to reach a revised size of USD 1583 Million by 2031, growing at a CAGR of 4.5% during the forecast period.

DISCOVER OUR VISION: VISIT ABOUT US!

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

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Processing in-Memory AI Chips Market Set to Skyrocket from $231M in 2025 to $44B by 2032 at 112.4% CAGR | Valuates Reports

Published

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By

What is the Market Size of Processing in-Memory AI Chips?

BANGALORE, India, April 29, 2026 /PRNewswire/ — The global Processing in-memory AI Chips market was valued at USD 231 Million in 2025 and is anticipated to reach USD 44335 Million by 2032, at a CAGR of 112.4% from 2026 to 2032.

 

 

Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-15O17238/Global_Processing_in_memory_AI_Chips_Market_Research_Report_2024

What are the key factors driving the growth of the Processing in-Memory AI Chips Market?

The processing in-memory AI chips market is expanding due to growing pressures on compute architectures from data movement inefficiency, latency constraints, rising power sensitivity, and deployment cost control across AI workloads.Demand is shifting toward chip designs that minimize the distance between memory and computation, enabling faster inference execution and better throughput under constrained thermal and energy conditions.This trend is especially relevant for workloads where bandwidth pressure, response time, and local processing efficiency directly determine system value.The market benefits from broader interest in architectures supporting both edge and data center AI tasks, without full reliance on conventional processor-memory separation.These factors create a strong commercial foundation for processing in-memory adoption.

Source from Valuates Reports: https://reports.valuates.com/market-reports/QYRE-Auto-15O17238/global-processing-in-memory-ai-chips

TRENDS INFLUENCING THE GROWTH OF THE PROCESSING IN-MEMORY AI CHIPS MARKET:

DRAM-PIM is driving growth in the processing in-memory AI chips market by addressing one of the most persistent bottlenecks in AI computing, which is the heavy cost of transferring data between memory and logic. By embedding compute capability closer to high-capacity memory structures, DRAM-PIM improves efficiency in bandwidth-intensive inference and parallel data handling environments. This makes it highly relevant for larger models and workloads that require sustained access to large datasets with lower latency overhead. Its role in improving throughput while reducing external data shuttling is strengthening its position in advanced AI infrastructure, particularly where performance scaling must happen without proportionate increases in power draw or board-level complexity.

SRAM-PIM is supporting market growth by serving AI use cases that prioritize low latency, fast local access, and power-efficient computation in compact environments. Its architectural suitability for tightly coupled memory and processing enables faster execution of inference tasks where response speed is critical and repeated memory access patterns are concentrated. This makes SRAM-PIM especially attractive in edge AI systems, embedded intelligence platforms, and applications where energy budgets and footprint limitations are decisive purchase factors. As device-side intelligence becomes more valuable across industrial, consumer, and autonomous systems, SRAM-PIM is gaining traction as a practical route to delivering on-chip efficiency without the penalties associated with conventional memory-transfer-heavy architectures.

In-memory processing chips are driving the growth of the processing in-memory AI chips market by creating a more application-aligned hardware approach for modern AI inference. Their appeal lies in improving usable performance per watt, reducing system bottlenecks, and enabling more scalable deployment economics across both small and large computing power environments. These chips are increasingly viewed as a structural response to the limitations of traditional architectures in handling AI workloads efficiently. As buyers seek solutions that can balance throughput, heat, latency, and integration flexibility, in-memory processing chips are moving from niche experimentation toward broader commercial adoption, supporting a market that is increasingly defined by workload efficiency rather than raw compute expansion alone.

A major factor supporting the market is the growing need to reduce the cost of data movement inside AI systems. In conventional architectures, moving data back and forth between memory and processors consumes time, power, and system resources. Processing in-memory chips directly address this problem by bringing computation closer to stored data. This improves execution efficiency and makes the architecture attractive for inference-heavy environments where repetitive data access creates performance drag. As buyers increasingly evaluate compute systems based on usable efficiency rather than nominal processing strength, demand for architectures that minimize data transport overhead continues to strengthen the market.

Power efficiency is emerging as a decisive growth factor for the processing in-memory AI chips market. AI deployment is no longer limited to environments where power availability is secondary. Enterprises, edge operators, and embedded system developers now require hardware that can support meaningful intelligence under tight energy and thermal budgets. Processing in-memory designs improve energy utilization by reducing unnecessary memory access traffic and enabling more efficient task execution. This gives them strong relevance in a market where lower operating cost, thermal manageability, and sustained performance matter as much as raw computational output, especially across continuously running inference systems and distributed AI infrastructure.

The expansion of edge AI is supporting market growth by increasing demand for chips that can perform inference closer to the source of data. Edge systems need fast decision-making, low energy consumption, and compact integration, all of which align well with processing in-memory designs. As intelligence moves into cameras, sensors, industrial devices, and smart endpoints, conventional architectures often face efficiency tradeoffs that reduce suitability in such environments. Processing in-memory chips help overcome these limitations by supporting local computation with lower latency and reduced data transfer dependency. This makes the technology increasingly relevant as edge intelligence shifts from optional capability to essential product differentiation.

The growing complexity of AI inference workloads is creating favorable conditions for processing in-memory adoption. As models become more memory-intensive and inference demand spreads across commercial applications, the limitations of traditional compute-memory separation become harder to ignore. Buyers are looking for architectures that can handle repeated memory access more efficiently and sustain performance under real deployment conditions. Processing in-memory chips respond to this need by improving memory interaction efficiency, which is particularly valuable in workloads where bandwidth and latency determine real-world usefulness. This shift is helping the market as hardware decisions become increasingly shaped by inference practicality rather than theoretical compute scale.

The market is also benefiting from a growing emphasis on cost-per-inference rather than simple peak performance comparisons. Buyers increasingly want AI hardware that can deliver consistent workload execution with better efficiency, lower supporting infrastructure requirements, and more practical deployment economics. Processing in-memory chips are well positioned in this context because they help reduce some of the overhead traditionally associated with memory bottlenecks, energy consumption, and system complexity. Their value proposition becomes stronger when purchasing decisions are based on long-term operating efficiency and scalable deployment. This cost discipline is pushing interest toward architectures that offer more balanced performance across real commercial use cases.

Claim Yours Now! https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-15O17238&lic=single-user

What are the major product types in the Processing in-memory AI Chips Market?

DRAM-PIMSRAM-PIM

What are the main applications of the Processing in-memory AI Chips Market?

Near-Memory Computing (PNM) ChipIn-Memory Processing (PIM) ChipIn-Memory Computing (CIM) Chip

Key Players in the Processing in-memory AI Chips Market:

MyhticSyntiantD-MatrixHangzhou Zhicun (Witmem) TechnologyBeijing Pingxin TechnologyAistarTekSAMSUNGSK HynixShenzhen Reexen TechnologyGraphcoreAxelera AISuzhou Yizhu Intelligent TechnologyBeijing Houmo TechnologyEnCharge AI

Which region dominates the Processing in-memory AI chips market?

Asia-Pacific remains the most dynamic region due to its deep semiconductor ecosystem, expanding edge device manufacturing base, strong memory technology orientation, and increasing integration of AI into consumer and industrial electronics. China is supporting market formation through locally aligned compute architecture development, while South Korea, Japan, and Taiwan provide supply-side depth through memory and advanced chip ecosystem capabilities. Other regions are adopting more gradually, mainly through selective edge AI and infrastructure modernization use cases.

Purchase Regional Report: https://reports.valuates.com/request/regional/QYRE-Auto-15O17238/Global_Processing_in_memory_AI_Chips_Market_Research_Report_2024

SUBSCRIPTION

We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.

What are some related markets to the Processing in-memory ai chips market?

Computing in Memory Technology Market was valued at USD 268 Million in the year 2024 and is projected to reach a revised size of USD 175260 Million by 2031, growing at a CAGR of 154.7% during the forecast period.In-memory Computing Chips for AI market was valued at USD 231 Million in 2025 and is anticipated to reach USD 44335 Million by 2032, at a CAGR of 112.4% from 2026 to 2032.HTAP-Enabling In-Memory Computing Technologies MarketIMDG (In-Memory Data Grid) Software Market Research ReportEmbedded Ai Chips Market Research ReportUltra-low Power AI Chips Market Research ReportHigh-Bandwidth Memory Chips Market was valued at USD 3816 Million in the year 2024 and is projected to reach a revised size of USD 139450 Million by 2031, growing at a CAGR of 68.2% during the forecast period.LPDDR Chips Market was valued at USD 6891 Million in the year 2024 and is projected to reach a revised size of USD 10870 Million by 2031, growing at a CAGR of 6.8% during the forecast period.Semiconductor Memory Market was valued at USD 125890 Million in the year 2024 and is projected to reach a revised size of USD 232900 Million by 2031, growing at a CAGR of 9.3% during the forecast period.AI Calculus Chips Market was valued at USD 46520 Million in the year 2024 and is projected to reach a revised size of USD 269300 Million by 2031, growing at a CAGR of 25.1% during the forecast period.Military Chips Market was valued at USD 1168 Million in the year 2024 and is projected to reach a revised size of USD 1583 Million by 2031, growing at a CAGR of 4.5% during the forecast period.

DISCOVER OUR VISION: VISIT ABOUT US!

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

Contact Us
Valuates Reports
sales@valuates.com
For U.S. Toll-Free Call 1-(315)-215-3225
WhatsApp: +91-9945648335
Explore our blogs & channels:
Blog: https://valuatestrends.blogspot.com/
Pinterest: https://in.pinterest.com/valuatesreports/
Twitter: https://twitter.com/valuatesreports
Facebook: https://www.facebook.com/valuatesreports/
YouTube: https://www.youtube.com/@valuatesreports6753

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NorthX invests $3 million in breakthrough decarbonization solutions

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Funding to accelerate industrial emissions reductions, scale clean technologies, and strengthen low carbon supply chains

VANCOUVER, BC, April 29, 2026 /CNW/ – NorthX Climate Tech (NorthX) today announced $3 million in non-dilutive investments in four companies developing breakthrough technologies to decarbonize some of BC’s highest-emitting industrial sectors. The funding will support ShiftX Technologies, Kinitics Automation, CURA, and Hydron Energy–accelerating pilot deployments, de-risking early-stage technologies, and advancing pathways to commercial scale across energy, heavy industry, and resource-based systems.

“Clean technology innovation is essential to strengthening Canada’s industrial and climate competitiveness,” said the Honourable Tim Hodgson, Minister of Energy and Natural Resources. “Projects like these are made-in-Canada solutions to improve efficiency, build stronger supply chains, and create good jobs, while positioning Canada as a clean energy superpower and the strongest economy in the G7.”

BC’s industrial sectors represent some of the province’s largest emissions sources and some of its greatest opportunities for economic and climate impact.

“Reducing emissions and building a thriving economy are not mutually exclusive – by driving industrial decarbonization, you can have it both ways,” said Adrian Dix, Minister of Energy and Climate Solutions. “By funding cutting-edge companies like ShiftX Technologies, Kinitics Automation, CURA, and Hydron Energy, NorthX is not only supporting our government’s methane emission reduction and industrial decarbonization goals but is also making BC more competitive on the world stage.”

NorthX is pleased to support the following companies, each addressing a distinct piece of the decarbonization puzzle:

ShiftX Technologies is developing a cleaner, more compact hydrogen production system that operates at lower temperatures and costs than conventional methods, making it well suited for industrial and marine fuel applications. Its sorbent-based reactor technology is designed to scale, and NorthX is backing a first-of-its-kind pilot to accelerate its path to commercialization.Kinitics Automation is commercializing a zero-emission, drop-in replacement for the methane-venting pneumatic devices widely used in natural gas operations. Its non-venting electric actuator eliminates methane leaks at the source while improving efficiency, reliability, and reducing maintenance demands. The market opportunity is substantial as more than 261,000 of these devices across Canada must be replaced by 2030.CURA is producing zero-carbon lime at commodity-competitive prices through an electrochemical process that captures pure CO₂ for permanent storage. The technology is designed to retrofit directly into existing cement and lime plants, requiring no new supply chains or changes to existing processes, lowering the bar for industry-wide adoption. CURA’s pilot project is progressing toward commercial-scale production, targeting one of the most emissions-intensive sectors in the industrial economy.Hydron Energy is expanding its RNG-based platform into direct air capture, enabling carbon-negative CO₂ removal while recovering rare gases critical to satellite propulsion and other high-value applications. By extracting these gases at ambient conditions, rather than through energy-intensive cryogenic distillation, Hydron delivers a lower-cost, lower-emissions alternative that also reduces Canada’s dependence on geopolitically vulnerable supply chains.

Driving industrial competitiveness through decarbonization

As global demand for low carbon products accelerates, industrial decarbonization is becoming essential to maintaining access to capital, customers, and international markets. Clean technology adoption can also improve operational performance, including enhanced efficiency, reduced fuel consumption, lower waste, and streamlined production processes.

Together, these investments reflect NorthX’s commitment to scaling Canadian climate innovation and accelerating the deployment of practical, high-impact decarbonization solutions across industry.

“Industrial decarbonization is one of the most important and complex opportunities in the global energy transition and we believe BC is uniquely positioned to lead,” said Sarah Goodman, CEO of NorthX. “These companies are developing the kinds of hard tech solutions that can transform how major industries operate, reducing emissions while strengthening economic growth and long-term climate competitiveness.”

Impact at a glance:

$57.6 million in non-dilutive funding deployed$301M million project value supported89 projects supported874 jobs created$621 million in follow-on funding catalyzed

About NorthX:
Founded in 2021 with an initial investment from the BC Government, the Government of Canada, through Natural Resources Canada’s Energy Innovation Program, and Shell Canada, NorthX Climate Tech (NorthX) is a catalyst for climate action, funding the climate hard tech solutions that transform industries and build lasting prosperity.

Rooted in British Columbia but global in vision, we unite visionaries, investors, industry, government, and partners to scale technologies that drive deep decarbonization and economic growth for Canada. Like the “X” on a map, we pinpoint that pivotal moment when potential is immense, but capital is scarce, that place where local strengths become global solutions.

SOURCE NorthX Climate Tech

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