Lighthouse Energy - Community-led Data Centers
- Canada
- For-profit, including B-Corp or similar models
1 Problem. 1 Opportunity.
Energy poverty, defined as inadequate access to affordable energy, disproportionately affects Canada’s Indigenous and remote communities. Despite Canada's status as a leading global energy producer, around 6–19% of Canadian households face energy poverty, a figure comparable to other developed regions such as the EU (9.3%), the UK (5%), and the US (6%).
The Problem
- Inequitable Energy Burden: In Canada over 1.8M Indigenous people, spread across 733 communities, face severe energy challenges. Specifically, the over 292 off-grid communities who are overwhelmingly diesel reliant. These off-grid communities experience various challenges due to their remoteness, and the effects of energy & economic poverty, that come from "the true cost of energy". Estimates show these 292 communities burn as much as 700 million litres of diesel and other fossil fuels each year. This fuel is expensive, polluting, and has serious adverse general and mental health effects. It is transported in at high costs, is prone to spilling (over 800 diesel spills annually), and reliability issues often lead to life-threatening blackouts.
- Scale: The 25 remote First Nations communities in Ontario, for the 20 MW's of power they need, are paying over $90 million per year. Spending on average 2x more than their neighbours on less power!
The Opportunity
- Increasing Volumes of Waste: Following Cop28's proposal to triple renewable generation by 2030, nations are rapidly onboarding high volumes of renewable generation. One of the common challenges grid systems around the globe are facing is overproduction, and an inability to use that generated power, leading to growing volumes of waste green power. This occurs due to weak grids, inflexible demand or over-capacity.
- Scale: In our target region of Ontario, Canada, the annual surplus has reached 7.4 TWh in 2023, and costs the city billions. This is expected to balloon, reaching anywhere between 41.5 - 278.3 TWh by 2035.
Our Solution: Purpose-Driven Data Centers
We build mini data centers strategically located in regions with a surplus of clean wind power, which is currently not fully utilized. These data centers harness this surplus energy to generate revenue through cryptocurrency mining and AI model training.
Each data center supports the dual goals of enhancing local grid stability (by providing flexible load) and contributing to the energy independence of one Indigenous community. Our aim is to support these communities as they transition towards self-sufficiency, ensuring every household is equipped with solar panels is our first target.
We overview the complex relationship between our stakeholders through an online platform, to visibly tie each data center to the communities they are designed to support.
Our model draws inspiration from pioneering projects like Casa Pueblo's disaster recovery operations in Puerto Rico, and GAMA's electrification efforts in Africa. By monetizing surplus power in developed regions, we aim to fund sustainable energy solutions in underdeveloped, off-grid areas, replacing extractive energy practices with generative, community-focused solutions.
Mission: Decarbonizing Grid's & Radically Changing Lives
Our solution is designed to support the over 6M Indigenous individuals in the 1,800 rural & remote communities spread across Canada. These regions provide ~30% of Canada's GDP, yet face severe disadvantages due to their geographical isolation and lack of modern infrastructure.
We deploy innovative business models, mixing new ownership models with protected community investment. With aims to provide communities with the consistent and growable revenue stream they need to develop and continue their push for energy sovereignty.
- Who These Communities Are:
- Geographically Isolated: These communities either don't have all season road access, or aren't connected to any central grid system. Diesel fuel can either be trucked in during the limited ice road availability or be flown in, at over double the cost.
- Diesel Reliant: Heavy reliance on diesel generators, leads to frequent blackouts, fuel spills, a shortage of capacity and while subsidized, the diesel is expensive.
- Limited Infrastructure: Little to no quality social and physical infrastructure, housing and services, which leads to lower quality of life/wellbeing and fundamentally inhibits development.
- Max Capacity: Many remote communities often have aging generators that are running at full capacity, with populations experiencing rapid growth, resulting in development restrictions and power outages.
- Left-Behind: In Ontario, near the 31 Indigenous communities, there is over 275 MW of develop able renewable energy projects, which are not feasible without a grid connection. In 2018,Ontario paid $231 million in fines to cancel over 758 renewable projects, of which a disproportionate amount (80%) were owned by First Nations communities, schools, farmers, and municipalities.
- Direct Benefit
- Support for Energy Sovereignty: Our data centers generate revenue, which funds the installation of solar power in off-grid communities.
- Economic Empowerment: The revenue provides communities with the consistent and scalable income they need to further their own sustainable projects.
- Understanding & Engaging Communities
- Stakeholder Interviews: We conduct comprehensive interviews with community members to understand their unique energy and infrastructural challenges.
- Targeted partnerships: We're building towards collaboration with leading organizations in the space including, Student Energy, and the Canadian Indigenous Clean Energy group. To ensure, our approach is deeply informed by experts who are intimately familiar with the challenges these communities face.
- Consistent Engagement: Our development process includes ongoing engagement with the communities through public forums, updates, and transparent communication, ensuring they have a voice in every step of the project.
- Dispute Management: We emphasize open, honest, and respectful dispute management, prioritizing community needs and perspectives.
Outsiders looking to radically change lives
Our Vision: Creating a replicable framework and software system for developed countries to support an equitable transition, for the most underprivileged members of their countries.
Acknowledging Our Starting Point:
Our team does not have any direct affiliations with the Indigenous communities we aim to serve. This is precisely why we believe MIT's Solv[ED] program is crucial for us. It presents an opportunity to bridge this gap, allowing us to develop a solution that is not only effective but also culturally sensitive and community-guided.
Building on a Foundation of Research and Engagement:
Although our initial connection to these communities is limited, we are actively laying down strong foundations through comprehensive research and engagement:
- Diverse Stakeholder Interviews: We are conducting in-depth interviews with a broad range of stakeholders including local community leaders, Indigenous elders, policymakers, and energy experts. These discussions help us understand the complex dynamics of the communities' energy needs.
- Partnerships for Guidance: We are seeking partnerships with trusted organizations that can help us design our solution in alignment with community expectations and values.
Design and Implementation Driven by Community Input:
Our approach to designing and implementing the solution is fundamentally community-centric:
- Flexible Solutions Tailored to Community Needs: We adapt our technology deployment (solar panels, storage systems, smart meters, home retrofits) to fit the specific needs and preferences of each community.
- Open and Continuous Dialogue: We maintain an open line of communication through regular public town halls, ongoing discussions, and a transparent platform to ensure that community feedback is continuously woven into the core of the project.
Commitment to Cultural Sensitivity and Long-term Relationships:
- Cultural Learning: We are exploring cultural learning/advisors and sensitivity training for our team to better understand and respect the traditions and practices of the Indigenous communities we are planning to support.
- Seeking Indigenous Leadership: Actively seeking to include Indigenous voices in our leadership and advisory boards to ensure our project is guided by those it aims to benefit.
Our Thesis: Building With, Not For
Our project is grounded in the principle of collaborative development. By building strong, respectful, and long-term relationships with communities, we ensure they are active participants in our shared project. We are committed to creating a generative solution that truly belongs to them and reflects their agendas for energy independence and sustainability.
- Strengthen sustainable energy sovereignty and support climate resilience initiatives by and for Indigenous peoples.
- 7. Affordable and Clean Energy
- 10. Reduced Inequalities
- Concept
Accomplishments and Progress to Date
Since the inception of our project 2 years ago, we have dedicated significant effort towards understanding the intricate energy challenges faced by the Ontario region and remote/Indigenous communities in Canada. Here are the key milestones we've achieved:
- Research and Mapping: We have completed an extensive mapping of the energy landscape, identifying key areas where our solution can be most impactful.
- Stakeholder Engagement: To date, we have conducted over 20 in-depth interviews with a diverse group of stakeholders (ongoing).
- Early-Stages Financial Models: We've developed robust financial/risk models for gauging the viability and scalability of our project.
- Building Partnerships: Our team has forged strong partnerships with local innovation hubs and accelerators. Notably, we've become a Student Energy Fellow this year, with this project.
- Funding and Recognition: We have secured over $150K in direct and In-kind benefits and achieved recognition in prestigious competitions, placing as quarter-finalists in MIT's Clean Energy Prize and semi-finalists in the Solv[ED] challenge last year.
- Technical Partnerships: Recently, we've secured a strong partnership with a leading technical firm that specializes in data center construction, ensuring that we have the expertise to build the infrastructure needed for our solution.
- Preliminary Customer Engagement: Although direct customer engagement is in its early stages, with fewer than 10 potential customers consulted so far, these interactions have been pivotal in validating our approach and refining our value proposition.
Moving Forward:
Building on this strong foundation, we are now gearing up for a pilot project, which will serve as validation for our model. This pilot will not only test our theories and practices in a real-world setting, it will pave the way for scaling our solution to meet the needs of Indigenous communities across the region.
Solv[ED]: Experts in building community-led solutions
Solv[ED] is pivotal to our project, offering the expert guidance and network we need to build a community-led solution, that maximizes impact and sustainability.
Designing the Software Element of our Solution: A key element of our solution is the software layer that publicly facilitates transactions between data centers and communities. We are emulating leading examples like MIT's Solv[ED] platform and Nouns DAO, to ensure our solution is functional, impactful and transparent.
Cultural Understanding and Trust Building: We are a team outside the traditional network of Indigenous communities, we face significant cultural barriers. Solve’s extensive experience and credibility, particularly the visibility of the MIT Indigenous Fellowship in Canada, are invaluable to us. We are eager to leverage this reputation to gain trust and foster genuine partnerships with these communities.
Acceleration and Scaling: With Solve's support, we believe we can significantly accelerate our development timeline. Your expertise can help us refine our designs, enhance our systems, and ensure that our solution is beneficial, scalable and free from potential harms to both people and the planet.
- Business Model (e.g. product-market fit, strategy & development)
- Human Capital (e.g. sourcing talent, board development)
- Monitoring & Evaluation (e.g. collecting/using data, measuring impact)
- Product / Service Distribution (e.g. delivery, logistics, expanding client base)
- Public Relations (e.g. branding/marketing strategy, social and global media)
We are outsiders. No connection. Simply looking to help.
Why I started this project: My goal when I first started this project, was to "radically change lives", I didn't know who, how, or what we were going to do. But I knew why I needed to do this. Just as these communities were left behind and forgotten, struggling to simply survive, that's exactly how I felt after losing my brother 4 years ago (2020.08.12) to a hard battle with mental health. A problem unfortunately common in these communities. I found a group of people I resonated with, and all I needed was a pathway to help. I'm proud to say that 4 years later, after years of research and deep analysis we have identified that pathway, and I see an opportunity here to truly and radically change lives. This project is more than a business; it is a personal commitment to healing and helping others, and is done all in the honour of my brother as a "gift to mankind."
Innovation Is Core To Our Project
Improved Application of Technologies
- Our Purpose: Leveraging surplus power from renewable sources in developed regions to support historically underdeveloped Indigenous communities in Canada.
- Purpose-Driven Technology: By aligning data center technologies with wind farms, we vastly improve wind farm operational efficiency, boost revenue and simplify operations.
- Local and Indigenous Ownership Models: We promote local ownership of the data centers, prioritizing Indigenous communities. This model not only supports economic empowerment but also ensures that benefits like job creation and infrastructure development remain within these communities.
- Inspiration from Global Success Stories:
- GAMA, The Green Africa Mining Alliance: GAMA is a fantastic project that aims to electrify regions of Africa by purposefully deploying data center technologies, to couple with and support micro-grid systems that would otherwise remain unaffordable for local communities.
- Casa Pueblo: A disaster recovery group based in Puerto Rico, that were established to bring citizens back online after numerous hurricanes. They found the best method to bringing these hard-hit communities back online was to deploy distributed solar generation at the household level and some form of "Net Metering" (selling surplus power back to the grid).
Catalyzing Broader Change
- The Northern Alliance: Modelled off GAMA's successful coalition, this alliance aims to unify various stakeholders around the mission of resolving energy poverty in Indigenous communities through innovative tech solutions. (Note: Temporary name)
- NounsDAO: An emerging Web 3.0 model that will help us catalyze transformative change by allowing the public to support us through associated NFT's and a public bank account (DAO).
- Seeding New Operations: Following GAMA's lead, where applicable we will provide all the necessary resources to seed a small-scale data center operation in an Indigenous community. This will help with a couple of things including; reducing poverty (100% local ownership), our form of "Net-Metering" (for the non-grid connected communities), and will help simplify micro grid operations (ultra-flexible demand).
Changing The Landscape
- Centralized to Decentralized: Challenging the traditional data center model where facilities need to be these huge monolithic mega campuses (100+ MW's). We are breaking these campuses apart and pairing our data centers strictly with surplus renewable generation. This shift not only optimizes regional energy use but also disperses economic benefits more broadly.
- Countering The Extractive Model: Historically data centers have been developed in regions with low power costs, abundant resources (water, land, talent), and have provided very few benefits/jobs. We are pioneering a more "generative" approach, one where each data center we deploy has a deep purpose to support people and planet.
Long-term funding to electrify indigenous communities
Our project transforms underutilized clean energy into long-term funding for Indigenous communities.
Theory of Change
Activities:
- Locating regions with surplus clean power: We identify areas where renewable energy is underutilized, providing a basis for our data center operations that convert this surplus into a higher-class asset.
- Monetizing surplus: By using data center technologies, we turn clean energy that would otherwise be wasted into a sustainable revenue stream.
- Supporting local grid systems: Our data centers boost local grid stability by providing flexible demand that can be precisely controlled, which is crucial for integrating renewable sources effectively.
- Developing a scalable framework: We are in the process of creating a model that other regions can replicate, to use surplus power to address energy inequity.
Immediate Outputs:
- Funding for solar panel installation: The revenue generated funds the deployment of solar panels in Indigenous communities, transitioning them away from diesel dependency to clean solar power. Our long-term aim is to support the development of hybrid micro-grid systems for these communities.
- Community Infrastructure Support: We allocate part of the revenue to improve local (host) community infrastructure, and other solutions that address local challenges directly.
Long-term Outcomes:
- Sustainable funding and economic growth: The consistent revenue from each data center (approximately $300K - $500K per MW) could provide communities with over $100K per MW in direct benefits and can grow to become a reliable income source, fostering economic development and growth.
- Reduced inequalities: By prioritizing historically marginalized communities in the deployment of renewable technologies, we help level the playing field and reduce energy inequalities.
- Improved Wind Farms: Data centers bring many improvements for wind farms, boosting efficiency and revenue potential, optimizing energy production, and simplifying market operations.
Evidence & Models of Success:
- GAMA & Casa Pueblo: These projects demonstrate the effectiveness of using technology to enhance energy independence in underdeveloped areas. (Article #1, Article #2)
- IREN Energy: A global data center developer that work to support indigenous communities in Canada. For the 30 MW site they developed on indigenous Ktunaxa First Nations communities land, they provide 4 communities with annual payments of $500,000. (Article)
- Soluna Computing Model: The leading wind powered data center developer. (Article #1, Article #2)
Our Focus ⇒ Clean affordable energy for everyone (SDG #7)
Our solution advances SDG #7 by transitioning Indigenous communities away from diesel to clean solar power, enhances energy reliability and reduces health risks.
Key Indicators for Measuring Progress:
1. Renewable Energy Penetration:
- Indicator: Percentage of households transitioning from diesel to solar power.
- Measurement: Track the number of solar panel installations and total solar capacity.
2. Energy Reliability and Affordability:
- Indicator: Reduction in energy costs per household as a proportion of total income. Household satisfaction score and power output (reliability metrics).
- Measurement: Conduct surveys pre- and post-implementation to measure changes in energy expenditures, and household satisfaction. Collect data from every solar panel.
3. Health and Environmental Impact:
- Indicator: Decrease in diesel consumption and corresponding reduction in carbon emissions.
- Measurement: Record the difference in diesel fuel consumed each year, and the offset by renewables. Then calculate the decrease in emissions using standard carbon accounting methods.
4. Additional Measures:
- Net-Metering Benefits: Record volume of power redirected into either, the national grid (if applicable), or to a mini community owned data center. Looking to assess the economic impact of net metering.
- Electrification Rate: Track the number of houses newly connected to reliable power sources.
How We Are Measuring Progress: Our approach to measuring progress involves both quantitative and qualitative methods.
- Quantitative Assessments: Regular collection of data on energy usage, installation rates, and cost savings. This data is analyzed to both assess trends/impact over time, and support community development.
- Qualitative Feedback: Gathering testimonials, surveys, interviews, and general feedback from community members through regular communications and community meetings to gauge satisfaction and identify areas for improvement.
- External Audits: Collaborating with trusted third-party organizations to validate our data, practices, and process.
Solving an intractable problem using Technology
Our solution utilizes nascent data center technology, strategically enhanced with a proprietary software platform we call the "Community Layer." Our integrated approach optimizes the use of renewable energy and also strengthens the connection between energy generation and the communities they serve.
Early-Stages Solution:
- Software "Community Layer": The heart of our solution is the Community Layer software, which visualizes and manages the relationship between each data center and the communities it supports. This platform tracks the progress of these communities towards energy sovereignty, ensuring that the benefits of our solution directly contribute to the community's development and sustainability agendas.
- Data Center Tailored to Wind Farms: Our data centers are purpose-designed for wind farms and intermittent generation.
Mid-Stage Products:
- Northern Alliance + DAO: Our rendition of the GAMA alliance, a group of tech companies aligned with our mission of electrifying Indigenous communities, the DAO is the Web 3.0 technology that will publicly visualize all of our work and progress.
- Improved Data Centers: Building towards our 10x product, that's uniquely designed to improve Canadian wind farms.
- Decentralized Finance Applications: To compound our data center rewards, we are looking to explore various Web 3.0 (DeFi) protocols.
Late-Stage Products:
- Various Add-ons: We are building towards being service agents for the growing data center/HPC industry. Our unique product being an "Add-on" that can significantly enhance any data centers operations.
- Heat Recovery
- Green Houses/Vertical Farming
- Data Capturing/Relay
- Water Desalinization
- Drone Charging Stations
- A new application of an existing technology
- Artificial Intelligence / Machine Learning
- Blockchain
- Software and Mobile Applications
We are beginning operations in Ontario, Canada.
N/A, looking to pilot in Ontario during this year. Once we have sufficiently captured the market and are on track to supporting all 31 of the Indigenous communities in this region, we can begin expanding into all Canadian provinces and beyond.
2 Full-Time Staff: Founders, technical/product and finance.
3 Part-time Staff: Leading students from across NA, supporting the project as we build towards our Pilot.
2 Contractors: Technical partners to help build the data center, and a legal/regulatory review firm.
10-15 Interns: Through a couple accelerator programs, and an opportunity from one of our co-founders.
Incorporated 2 years ago, June 15, 2022.
- 2022: Company Foundations & Market Research
- Joined TMU's Social Venture Zone accelerator
- 2023: Product Ideation, Stakeholder Outreach, Feasibility Analysis & Partnerships for a Pilot Project
- Semi-Finalists: MIT Solv[ED] 2023
- Top 16 NA Student Entrepreneur: EO GSEA 2023
- Accepted into Student Energy Fellowship, 2024-25
- 2024: Pilot Project, Stakeholder Outreach, Customer Waitlist, Pre-seed Funding
- Quarter-Finalists: MIT CEP 2024
- Invited to apply to leading VC's and top accelerator programs
1+ year researching/talking to stakeholders, and 1+ securing partnerships. Now we are looking to officially launch our pilot project by the year's end.
Building a world-class team - energetic & committed
At Lighthouse Energy, diversity and inclusivity are foundational elements of our team culture. Our mission, creating radical change on a global scale, requires us to have diverse perspectives to build world-changing solutions.
One of our major goals for this year is to curate a culture, mission and vision that can inspire and attract the team that will bring our project to life. We are searching for great, trustworthy individuals, who want to be a part of our team, have a hard-working mindset, are committed and coachable.
We are looking for individuals aligned with our core values and who are looking to make radical change. One of the core reasons we are applying to the Solv[ED] program, is to find these individuals.
Our Core Values
- Cultivating a bold space
- Leading with the heart
- Respectful / Open to all
- Honesty, Integrity and Honour in all things
- Winning mindset with high & constantly evolving standards of excellence
- No perfect person, we are looking for hard-working people
- Regular communication
- Personal responsibility
- No Excuses
Working With us Means
- Participate in our family style support system
- Accept the 3 Rules of our Firm
- Take care of yourself
- No cheating, dishonesty, or lying
- When you need help, call/ask
- You have the freedom to be yourself/openly share anything in your heart
- Learn to love building/the work we are doing
- Participation in our bi-annual appraisal + reevaluation process
- Bi-monthly team building virtual activities
- Rewards/Honest encouragement
- Having shared goals
- Being the most open/sensitive team we can be
- Working hard together
- Strong bonds within the team
- Team masterclass learning sessions on Important topics
- Time management
- Good sportsmanship
- Patience
- Being enthusiastic/energized
- Discipline of working together
- "I can do this" attitude
- Learning how to destroy fear
- Working with disadvantaged groups/communities
- Enjoying the journey
Team Building Goals for the Year
- Our goal is to deeply understand each member of our team, cultivate strong inter-team bonds, and build high levels of trust
- Building our own framework for kind leadership
- Helping each member of our team reach max potential
- A strong mission/vision that can rally together committed individuals
If you like the work we are doing, and would be interested in joining our team, please reach out to our team lead: mkhan787@uwo.ca
Strongest revenue generating demand management tech
Our solution's fundamental power, is generating strong & consistent revenue. We are providing computing power to the BTC network, and are being rewarded for our services.
Core Revenue Streams
- Self-Owned Mining: The core to our firm's stable revenue is owning around 30-50% of the hardware in the data center.
- Annual Revenue Potential: $392,890 / MW
- Hosting: We operate Investor owned machines. Investors pay for the machines and are charged a monthly service fee. We are looking for community ownership, from local groups, and are prioritizing (and protecting) Indigenous community investment.
- Annual Revenue Potential: $630,720 / MW
- AI model training: The golden opportunity we are building towards. It represents a shift into a more lucrative industry, and has the highest revenue generating potential. We are particularly focused on training models, and will leverage 3rd party providers like IO.net or Render Network.
- Annual Revenue Potential: $930,820 / MW
- Power Markets: Data centers can stabilize grid systems by participating in power market programs and reducing demand during peak times.
- Annual Revenue Potential: $79,144 / MW
Additional Late-Stage Revenue Streams
- Web 3.0 Applications: Including a linked DAO & NFT project, Decentralized Finance protocols, and a mining pool.
- Low-grade Heat Sales: A byproduct of data center operations.
- Software subscription's:
- The Community Layer software
- AI/Algorithmic auto task switching for GPU's
- Battery storage & data center coupling for power markets
- Selling Add-On's: Our long-term strategy to being a unique firm in this space
Risk Mitigation
- Revenue Risk's include:
- Dependence on BTC pricing
- Main cost driver is electricity pricing
- BTC Halving's aka reduced rewards every 4 years
- Mitigation Strategies:
- Diversification with AI training, Decentralized Finance participation, Ethereum staking, and providing computing to other leading cryptocurrencies during GPU idle time.
- Testing various business models to find the perfect region-specific model that fits our power needs, allows us to secure surplus generation at near zero costs, and aligns well with our host wind farm's needs.
- Diversifying revenues, strategically positioning ourselves as service agents for the industry (add-on provider), ultra-efficient operations (NASA grade), low marketing/operating/sales costs
- Organizations (B2B)
Building a brighter future using technology
We sit at the intersection of some rapidly growing and nascent sectors - cryptocurrency, AI, green data centers, and high performance computing (HPC). Our goal is to lead these industries towards a more community-centric and sustainable approach.
Funding Strategy:
1. Initial Funding and Pilot Project
- We are preparing to raise a pre-seed round of $600K to $1M to cover our pilot project and provide 1–2 years of runway.
- We seek "smart money" from investors who align with our vision and can offer more than just capital. (mentorship, strategic connections, etc)
2. Revenue Streams
- Identified our main funding sources to be a combination:
- Data center activities
- Raising capital (main verticals are Web 3.0, Impact Investment, AI, Clean-Tech)
- Government tax credits/business incentives
- In later stages, we will have a variety of additional revenue opportunities:
- Selling our own products/services to other data centers
- Expanding into the AI/HPC industry
- A method to allow public participation in our project
- Active participation in power markets
- Decentralized finance protocols
3. Funding Goals
- Looking to align ourselves with investors who share our core values, see the benefit in the work we are doing, and can support us with more than just financial capital.
- Our plan is to create a strong, layered, and sustainable revenue generating strategy
Pathway To Sustainability:
- Current Supporters:
- Social Venture Zone | Clean Energy Zone @ Toronto Metropolitan University - Incubation Services.
- Innovation Factory - Incubation Services.
- Entrepreneur's Organization - $100,000. 3 Year Fellowship.
- Student Energy - Pilot Project Support.
- Participation in Top Accelerator Programs across NA (support us during and post Pilot Project)
- CDL/Foresight: Shortlisted as high-potential solution
- Wolf NYC: $250K investment + 8 weeks of onsite support
- HAX: world-class builders and private investors (invited to apply)
- Pre-seed round (raising for pilot)
- Pilot (~1 MW data center) (3 year payback)
- Core Product (1-3 years)
- Flagship Site (~1-5 MW data center)
- Deploying en masse
- Add-on/Software opportunities
Evidence of Progress:
- Investor Interest: We have already attracted interest from top VCs and have been invited to participate in prestigious accelerator programs.
- Pilot Support: Entities like Student Energy and the Entrepreneur's Organization have recognized and are supporting our solution, reflecting confidence in our model.
Long-Term Vision:
Our pathway to sustainability involves scaling our operations, creating a unique 10x product (data center tailored for wind farms), and then growing to become the leader of the Canadian data center to wind farm market. We will diversify our revenue streams through emerging technology solutions and strategic market participation. Our business model is designed to be scalable, leveraging both direct revenues and strategic investments to achieve long-term financial sustainability and radical impact.
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Inventor, Social-Tech Entrepreneur, Scientist
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