Regina, Saskatchewan – ClearCost Inc. (“ClearCost”), together with SaskWorks Venture Fund Inc. (“SaskWorks”) and Motiv Ventures (“Motiv”), is pleased to announce a strategic investment partnership.
“Fertilizer is a global commodity that trades in the dark. It deserves a better venue,” said Keith Busch, CEO of ClearCost. “Every agricultural business that handles physical fertilizer carries risks it has historically been unable to control, until now. In Q1 2027, we will launch the redeveloped ClearCost platform across North America. To make that possible, we have partnered with SaskWorks and Motiv Ventures and welcomed Ricky Lai as CTO and David Pupo as CCO. Our job is to bring integrity and clarity to this market, giving agricultural businesses the tools they need to manage risk and bring input costs under control.”
“We are excited to support ClearCost in the initial phase of its growth plan and lead its Series A round,” said Jeff Linner, Chief Investment Officer at PFM Capital Inc., fund manager of SaskWorks.“ The leadership team has demonstrated a clear vision and roadmap to disrupt the way bulk fertilizer is purchased, providing a more secure, reliable, and cost-effective way for farmers to source a critical input.”
“ClearCost is tackling a significant challenge in a market that is ready for greater transparency, efficiency, and trust. There is a tremendous opportunity to build better market infrastructure for the fertilizer industry, and we believe ClearCost has the vision and foundation to lead that transformation. We’re excited to partner with Keith and the ClearCost team as they enter this next phase of growth and bring the platform to market across North America.” — Clark Lai, CEO, Motiv Ventures.
About ClearCost Inc.
ClearCost Inc. is a Saskatchewan-based agriculture technology startup founded in 2024 with the goal of bringing transparency and simplicity to bulk fertilizer purchasing. ClearCost has developed the first open commodity trading and risk management (CTRM) platform designed exclusively for fertilizer in Canada. From price discovery to final settlement, ClearCost simplifies every step of the trade lifecycle. Buyers gain transparency; sellers gain reach. And every transaction is secured with trusted logistics and financial technology. For more information, please visit https://clearcost.ag/.
About SaskWorks Venture Fund
SaskWorks Venture Fund Inc. is a Saskatchewan-based retail mutual fund that invests in privately held small and medium-sized businesses primarily operated in Saskatchewan. SaskWorks has a Net Asset Value of over $500 million with over 22,000 Saskatchewan-based shareholders. Since its inception in 2001, SaskWorks has enabled Saskatchewan residents to keep their investment dollars at home while supporting the growth of a diversified portfolio of Saskatchewan-based companies. For more information, please visit www.saskworks.ca.
About Motiv Ventures
Motiv Ventures fuses strategy, technology, and execution to design, build, and scale ventures that create lasting value – for founders, investors, and global partners. Motiv brings the structure of a seasoned organization together with the speed of a startup. Our venture building framework helps organizations move from concept to commercialization – faster, smarter, and with less risk. For more information, please visit https://motiv.digital/.
