Ranovus Inc.

$20,000,000.00 CAD

≈ $0.48 for every person in Canada ≈ 258 Canadians' average pay for a year

Department: Innovation, Science and Economic Development Canada
Program: SIF Stream 1- R&D
Recipient country: Canada
Fiscal year: 2018-2019
Agreement period: September 1, 2018 – September 30, 2022
Reference: ic:033-2018-2019-Q3-811938

Published purpose

Development of next-generation data centre infrastructure that will double data processing capacity while significantly reducing its environmental impact and cost.

In plain English AI-generated

Funding supports the development of next-generation data centre infrastructure to double processing capacity while reducing environmental impact and cost.

Category: Infrastructure Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

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View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions