Evelyn Allen Recognized by The Toronto Star as a Top Canadian Tech Entrepreneur to Watch in 2025

Evercloak’s ground-breaking HVAC technology recently received another boost, with $1.1 million in funding from Natural Resources Canada’s Energy Innovation Program (EIP). The EIP funding supports a $1.8M project enabling Evercloak to accelerate the development of their membrane-based system, which can cut the energy required for air conditioning and dehumidification by up to 50%. According to the company’s founder and…

Evercloak, based in Waterloo, Ontario, is accelerating the commercialization of its market-first, building dehumidification technology. This momentum is fueled by funding awarded through the New York State Energy Research and Development Authority (NYSERDA) to support a pilot project valued at up to US$3 million. Evercloak will initially receive US$350,000 to accelerate the scale-up of its graphene oxide composite membrane production and build an…

Evelyn Allen recently joined the MaRS Discovery District Solve for X podcast to talk about the future of sustainable cooling and why innovation in this space is critical for a warming world. Check out the podcast here.

In the coming months, Evercloak will be testing its game-changing dehumidification technology at the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) — a global leader in the science and engineering of energy efficiency. Evercloak is one of 3 companies recently selected to participate in the 14th cohort of the Wells Fargo Innovation Incubator (IN2)….

MaRS Discovery District (MaRS) today announced six ventures participating in the cohort of Mission from MaRS: Better Buildings Adoption Accelerator. This accelerator, aimed at reducing the carbon footprint of the built environment, is made possible by the Peter Gilgan Foundation and marks the Foundation’s biggest philanthropic contribution to climate efforts to date. Over the coming year, MaRS…

Evercloak is excited to be named one of Canada’s Top 20 Moonshot Ventures™ of 2025 by the National Angel Capital Organization (NACO). These ventures were selected through a rigorous, member-driven process. NACO invited its 100 member organizations—Canada’s leading angel groups, incubators, accelerators and early-stage venture capital funds—to each nominate one high-potential company. From this curated…