Rockburst Technologies Receives Investment from NorthX Climate Tech to Advance Industrial Decarbonization
Rockburst Technologies is pleased to announce that it has received a non-dilutive investment from NorthX Climate Tech, a catalyst for climate hard-tech innovation. The funding, part of a $1 million investment round shared with fellow BC innovator Vertogen Technologies Inc., will support the ongoing development and pilot deployment of our proprietary CoreBurst™ platform.
Read the full announcement from NorthX: NorthX invests $1M in two BC-based industrial decarbonization technologies
View the project profile: Rockburst Technologies Project Overview
This investment aligns with NorthX’s commitment to scaling solutions that address important considerations related to deep decarbonization in heavy industry.
Advancing the Future of Comminution
The funds will be used to progress pilot testing of the CoreBurst™ technology, which utilizes transcritical cycling of CO₂ to fracture rock from within. By replacing traditional mechanical crushing with this innovative process, Rockburst is developing a solution with the potential to reduce the energy consumption of comminution by up to 50% , while facilitating conditions for CO₂ mineralization.
"Improving efficiency in mining is key to reducing emissions," said Oscar Malpica, CEO of Rockburst Technologies. "With NorthX’s support, we’ll be able to further pilot our CoreBurst™ technology to demonstrate its potential to lower energy demand and capture carbon during the rock-fracturing process."
Support for BC Innovation
The investment was announced alongside funding for Vertogen Technologies, highlighting British Columbia’s growing role as a hub for industrial climate solutions.
"Industrial decarbonization is lowering emissions and shaping the industries that will drive BC’s economy," said Adrian Dix, Minister of Energy and Climate Solutions. "By investing early in innovators like Vertogen and Rockburst, NorthX is helping accelerate the solutions that will power a cleaner and more competitive future for British Columbia."
Sarah Goodman, President & CEO of NorthX, added: "By investing early in homegrown innovators, we’re helping them demonstrate and deploy technologies that can transform BC’s industrial sectors, strengthen our economy, and create export opportunities."
About NorthX Climate Tech NorthX Climate Tech is a catalyst for climate action, funding hard-tech solutions that transform industries and build lasting prosperity. Rooted in British Columbia but global in vision, NorthX unites visionaries, investors, industry, and government to scale technologies that drive deep decarbonization.
