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Top 50 Clean Energy VC Funds & Investors in Canada (August 2026)

The most active venture capital funds investing in Canada Clean Energy startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Canada Clean Energy startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Pallasite Ventures
VC Fund
5 Canada, United States Seed, Series A, Series B Software, Health Care, Biotechnology $988k–$115M
BDC Capital Cleantech Practice
VC Fund
4 Canada, United States Venture - Series Unknown, Series A Renewable Energy, Manufacturing, Energy $3.6M–$151M
Active Impact Investments
VC Fund
3 United States, Canada Seed, Series A, Pre-Seed Software, SaaS, CleanTech $366k–$38M
United Airlines
VC Fund
2 United States, Canada, Brazil Venture - Series Unknown, Series A, Series B Aerospace, CleanTech, Renewable Energy $20M–$107M
Earth Foundry
VC Fund
2 United States, Canada Seed, Series B Energy, Software, Analytics $750k–$33M
Anzu Partners
VC Fund
2 United States, Canada, Spain Series A, Series B Software, Biotechnology, Manufacturing $5M–$55M
TITAN Group
VC Fund
2 Canada Convertible Note Energy, CleanTech, Clean Energy
Finindus
VC Fund
2 Belgium, United States, Sweden Series A, Seed Manufacturing, Industrial, Renewable Energy $1.3M–$27M
Chevron Technology Ventures
VC Fund
2 United States, United Kingdom, Canada Series A, Series B, Series C Energy, Software, Manufacturing $4.8M–$115M
IBI Group
VC Fund
2 Canada Pre-Seed, Series A Software, CleanTech, Automotive
Eni Next
VC Fund
2 United States, Italy, United Kingdom Series A, Series B, Venture - Series Unknown Energy, Environmental Engineering, Renewable Energy $652k–$225M
Oxy Low Carbon Ventures
VC Fund
2 United States, Canada Series A, Private Equity Energy, Manufacturing, Renewable Energy $15M–$26M
Climate Investment
VC Fund
2 United States, Canada, United Kingdom Series B, Series C Energy, Manufacturing, CleanTech $5M–$60M
Natural Gas Innovation Fund
VC Fund
2 Canada, United States Grant, Series A Oil and Gas, Renewable Energy, Energy $91k–$62M
BDC Capital’s Climate Tech Fund
VC Fund
2 Canada Series A, Seed, Series B CleanTech, Manufacturing, Nanotechnology $1.5M–$50M
Amplify Capital
VC Fund
2 Canada, United States, India Seed, Series A, Pre-Seed Health Care, Education, Artificial Intelligence $1.1M–$28M
Shell Ventures
VC Fund
2 United States, United Kingdom, India Series A, Series B Energy, Renewable Energy, Software $2.8M–$126M
Toyota Ventures
VC Fund
2 United States, United Kingdom, Israel Series A, Seed, Series B Artificial Intelligence, Software, Robotics $1.4M–$126M
Ultratech Capital Partners
VC Fund
1 United States, Canada, Germany Seed, Series A, Pre-Seed Manufacturing, Semiconductor, Energy $2.3M–$31M
WUTIF
VC Fund
1 Canada Seed, Pre-Seed, Series A Software, Health Care, Biotechnology $100k–$3.8M
Ivey Foundation
VC Fund
1 Canada Energy, Clean Energy, Impact Investing
Innovacorp
VC Fund
1 Canada, Australia, United States Seed, Grant, Pre-Seed Software, Information Technology, Health Care $18k–$3.3M
BDC Capital's Growth & Transition Capital
VC Fund
1 Canada, China Debt Financing, Seed Software, Information Technology, Computer $1M–$4.7M
MaRS Investment Accelerator Fund
VC Fund
1 Canada, United States Seed, Pre-Seed, Series A Software, Health Care, Artificial Intelligence $368k–$14M
Evok Innovations
VC Fund
1 Canada, United States, Israel Series A, Seed, Series B Energy, Chemical, Oil and Gas $2.5M–$58M
BP Ventures
VC Fund
1 United States, United Kingdom, India Series A, Series B Energy, Renewable Energy, Manufacturing $3.1M–$60M
Mitsubishi Heavy Industries
VC Fund
1 United States, Japan, Italy Series A, Series B Energy, Manufacturing, Renewable Energy $11M–$198M
NGEN Partners
VC Fund
1 United States, Canada Series B, Series C Energy, Manufacturing, Renewable Energy $3.5M–$48M
Alliance of Angels
VC Fund
1 United States, Canada, Nigeria Seed, Series A Software, Health Care, Mobile $750k–$6.8M
Hamilton Community Foundation
VC Fund
1 Canada Energy, Clean Energy, Impact Investing
McConnell Foundation
VC Fund
1 Canada Energy, Clean Energy, Impact Investing
Fonds de solidarité FTQ
VC Fund
1 Canada, United States, Israel Series A, Series B Manufacturing, Biotechnology, Software $6M–$75M
Samsung Ventures
VC Fund
1 United States, South Korea, Israel Series B, Series A Software, Information Technology, Manufacturing $3.9M–$100M
Silicon Valley Bank Canada
VC Fund
1 Canada Debt Financing AgTech, Energy, CleanTech $3M–$54M
Export Development Canada
VC Fund
1 Canada, United States, United Kingdom Series B, Series A Software, Manufacturing, Renewable Energy $3.5M–$50M
Cemex Ventures
VC Fund
1 United States, Spain, Mexico Seed, Series A Construction, Software, SaaS $1M–$26M
Prithvi Ventures
VC Fund
1 United States, Canada, Singapore Seed, Pre-Seed, Series A Manufacturing, Chemical, CleanTech
The Houssian Foundation
VC Fund
1 Canada Series A Software, CleanTech, Insurance $6.1M–$10M
Silicon Valley Bank
VC Fund
1 United States, United Kingdom, Canada Debt Financing, Series B, Series A Software, Health Care, Biotechnology $3M–$130M
FedDev
VC Fund
1 Canada, United States Grant, Debt Financing, Seed Software, Manufacturing, Information Technology $24k–$5M
Cogito Capital
VC Fund
1 Canada, India, The Netherlands Seed, Pre-Seed, Series B Software, Financial Services, SaaS $183k–$1.2M
Ontario Centres of Excellence
VC Fund
1 Canada, United States Seed, Grant, Pre-Seed Software, Information Technology, Health Care
Clean Energy Venture Group
VC Fund
1 United States, Canada Seed, Series A Energy, Renewable Energy, Manufacturing $1M–$11M
SOSV
VC Fund
1 United States, India, United Kingdom Seed, Convertible Note, Pre-Seed Biotechnology, Health Care, Software
Ferst Capital Partners - FCP
VC Fund
1 Canada, United States, Germany Seed, Series A Software, Financial Services, FinTech
Good & Well
VC Fund
1 Canada, Kenya, United States Seed, Pre-Seed E-Commerce, Retail, Health Care $1M–$4.1M
Rhiza Capital / Sunshine Coast Venture Partners
VC Fund
1 Canada Seed SaaS, GovTech, Politics
Antler
VC Fund
1 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
Bekaert
VC Fund
1 United States, Canada Series B, Series A, Series C Manufacturing, Electronics, Advanced Materials $16M–$17M
Asahi Kasei
VC Fund
1 United States, Japan, Canada Series C, Series B, Series A Health Care, Biotechnology, Therapeutics $3.3M–$52M
Access all 166 VC funds in Canada Clean Energy startups.

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Pallasite Ventures
VC Fund · Chicago, Illinois, United States · 5 investments in Canada Clean Energy startups

Pallasite Ventures is an agile venture capital firm providing early-stage financing for high-growth companies across a variety of industries.

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Investment focus

  • Industry: Software, Health Care, Biotechnology
  • Stage:Seed, Series A, Series B
  • Geography: Canada, United States

Investor stats

  • Total investments: 35
  • Round size: Seed $988k–$5M; Series A $3.2M–$20M; Series B $14M–$115M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Ionomr — Ionomr designs & manufactures advanced ion-exchange polymers & membranes that enable high performance and efficiency in applications like water & wastewater treatment, hydrogen production and advanced energy storage.
  • Oncoustics AI — Oncoustics is creating and deploying advanced AI solutions for low cost, non-invasive surveillance, diagnostics, and treatment monitoring of diseases with high unmet clinical need. Unlike other players in the space, Oncoustics does not do image recognition. Instead, Oncoustics applies AI to raw ultrasound signals from readily available handheldultrasound devices to rapidly differentiate healthy versus diseased tissues. There's a wealth of information in these raw signals and this approach reveals novel biomarkers that can be aligned with existing standards and categorization systems. Initially targeting liver disease, a $30B global diagnostic market, Oncoustics has filed a Breakthrough Device Designation Request with the FDA for the OnX that detects liver fibrosis and the 510K is underway. Several follow-on liver products are in development. Oncoustics also has clinical data on other organ indications including prostate, kidney, breast and thyroid diseases and cancers.
  • Aspect Biosystems — Pioneering the development of bioprinted tissue therapeutics to transform how we treat some of the most elusive diseases.
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BDC Capital Cleantech Practice
VC Fund · Calgary, Alberta, Canada · 4 investments in Canada Clean Energy startups

We can help you meet the capital-intensive needs of scaling and achieve timely growth. We offer more flexible equity financing and commercial loans.

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Investment focus

  • Industry: Renewable Energy, Manufacturing, Energy
  • Stage:Venture - Series Unknown, Series A
  • Geography: Canada, United States

Investor stats

  • Total investments: 68
  • Round size: Series A $7.9M–$31M; Venture - Series Unknown $3.6M–$151M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • e-Zinc — Founded in 2012, e-Zinc is a Toronto, Canada, based corporation that has developed a breakthrough electrochemical technology for storing energy in zinc metal. This low-cost, flexible, and long-duration energy storage solution will provide the platform for the world’s energy markets to be fully powered by renewable energy, enabling a zero-carbonenergy future.
  • VueReal — VueReal is engineering the next electronic systems by mass integration of high-efficiency nano/micro-devices into large-area substrates (e.g., displays, sensors, system on panel, and more). They have started by making the true-life experience of micro-LED displays affordable for all applications (TV, laptop, smartphone,virtual/augmented reality, etc.). VueReal technology platform is based on the interplay of cutting-edge micro/nano-device processing, sophisticated integration technologies and advanced system design (hardware and software). VueReal technologies can enhance the experience of existing electronic systems and enable new applications by integrating millions of highly efficient micro-devices (micro-LED) into system substrate. As our Solid Printing (TM) technology works across all substrate sizes, it can develop displays ranging from super high ppi (>4000 ppi) to very large.
  • Equispheres — All metal powders for additive manufacturing are not created equal - except ours. Make manufacturing AM a reality with our revolutionary powder technology.
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Active Impact Investments
VC Fund · North Vancouver, British Columbia, Canada · 3 investments in Canada Clean Energy startups

We support environmental resiliency through profitable investment. We provide capital and talent to accelerate the growth of early-stage climate tech ventures catalyzing the transition from finite to infinite sources of energy, food, water & products.

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Investment focus

  • Industry: Software, SaaS, CleanTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Canada

Investor stats

  • Total investments: 59
  • Round size: Seed $731k–$9.5M; Pre-Seed $366k–$2M; Series A $1.8M–$38M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $51M in 2023

Portfolio highlights

  • GlacierGrid — GlacierGrid: Energy Management Solutions for Businesses. Reduce Energy Costs by up to 20% and Improve Energy Efficiency. Explore our solutions now!
  • ThinkLabs AI — ThinkLabs AI is a specialist AI development and deployment firm. Its mission is to empower critical industries and infrastructure with trustworthy AI towards global energy sustainability.
  • ChopValue Manufacturing — Creating beautiful, high-performance engineered products made entirely from recycled chopsticks. We offer green franchising opportunities so you can make a positive difference in your community. Let's work towards a circular economy, one chopstick at a time.
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United Airlines
VC Fund · Chicago, Illinois, United States · 2 investments in Canada Clean Energy startups

United Airlines and United Express operate an average of 5,341 flights a day to more than 360 airports across six continents. In 2012, United and United Express carried more passenger traffic than any other airline in the world and operated nearly two million flights carrying 140 million customers. United is investing in upgrading its onboardproducts and now offers more flat-bed seats in its premium cabins and more extra-legroom economy-class seating than any airline in North America. In 2013, United became the first U.S.-based international carrier to offer satellite-based Wi-Fi on long-haul overseas routes. The airline also features DIRECTV® on 200 aircraft, offering customers more live television access than any other airline in the world. United operates nearly 700 mainline aircraft and has made large-scale investments in its fleet. In 2013, United will continue to modernize its fleet by taking delivery of more than two dozen new Boeing aircraft. The company expanded its industry-leading global route network in 2012, launching nine new international and 18 new domestic routes. Business Traveler magazine awarded United Best Airline for North American Travel for 2012, and readers of Global Traveler magazine have voted United’s MileagePlus program the best frequent flyer program for nine consecutive years. According to the 4th annual Switchfly Reward Seat Availability Survey published by IdeaWorksCompany in May 2013, United has the most saver-style award-seat availability among the largest U.S. global airlines. More than 85,000 United employees reside in every U.S. state and in countries around the world.

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Investment focus

  • Industry: Aerospace, CleanTech, Renewable Energy
  • Stage:Venture - Series Unknown, Series A, Series B
  • Geography: United States, Canada, Brazil

Investor stats

  • Total investments: 16
  • Round size: Series A $20M–$58M; Series B $35M–$107M
  • Lead/follow: 56% lead, 44% follow

Portfolio highlights

  • Azul SA — Azul SA is a company that provides 126 aircraft serving more than 100 destinations, with approximately 900 daily flights. In 2016, it was named the low-cost carrier for the sixth consecutive year by Skytrax, and the third airline by TripAdvisor Travelers' Choice in 2017.
  • JetZero — JetZero is an aerospace company that designs and manufactures zero-emissions jet aircraft.Airlines have long sought more fuel-efficient aircraft and now that climate change is a worldwide problem, planes with minimal carbon emissions, if not zero, are unavoidable. Their objective is to hasten such shift. JetZero is actively collaborating withNASA on sustainable aircraft ideas that will soon make zero-emission flight a reality.JetZero is headquartered in Long Beach, California and was founded in 2020.
  • Archer — Archer is an aerospace company building an all-electric vertical takeoff and landing aircraft focused on improving mobility in cities. The company's mission is to advance the benefits of sustainable air mobility. Archer is designing, manufacturing, and operating a fully electric aircraft that can carry four passengers for 60 miles at speeds ofup to 150mph while producing minimal noise. Archer's team is based in the San Francisco Bay Area.
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Earth Foundry
VC Fund · Chicago, Illinois, United States · 2 investments in Canada Clean Energy startups

We back today's most promising energy & cleantech innovators, and engage the world's leading companies to help build and scale. Our approach merges venture capital and an arsenal of essential tools and relationships to help you quickly achieve success.

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Investment focus

  • Industry: Energy, Software, Analytics
  • Stage:Seed, Series B
  • Geography: United States, Canada

Investor stats

  • Total investments: 34
  • Round size: Seed $750k–$4M; Series B $9M–$33M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: May invest from a new fund soon — last raise in 2013

Portfolio highlights

  • NxLite — 3E Nano has developed and is commercializing a low cost, thermally and optically smart, Diamond-Like Carbon (DLC) coating. This nano thin film applied to glass and other transparent media is targeted toward windows, windshields, greenhouses, and solar module manufacturers.
  • Recurve — We're connecting the dots between efficiency, electrification, renewable energy, and DERs to enable demand flexibility to become a market-based procurable resource.
  • Polystyvert — Notre technologie permet de collecter facilement le polystyrène et de le recycler pour le remettre sous sa forme originale. Du polystyrène recyclé d'aussi bonne qualité que du neuf !
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Anzu Partners
VC Fund · Washington, District of Columbia, United States · 2 investments in Canada Clean Energy startups

Anzu Partners invests in breakthrough clean tech, industrial, and life science technologies with $1B in assets under management across venture, credit, and public structures.

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Investment focus

  • Industry: Software, Biotechnology, Manufacturing
  • Stage:Series A, Series B
  • Geography: United States, Canada, Spain

Investor stats

  • Total investments: 78
  • Round size: Series A $6M–$25M; Series B $5M–$55M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely still investing — raised $100M in 2024

Portfolio highlights

  • 6K — WHERE INDUSTRY 4.0 MEETS SUSTAINABLE PRODUCTION OF BREAKTHROUGH MATERIALS
  • EnCharge AI — AI Compute from the Edge-to-Cloud for Every Business. Transformative technology for AI computation, breaking records in efficiency and sustainability to enable state-of-the-art models uninhibited by power, space, and cost constraints.
  • South 8 Technologies — South 8's LiGas cells are engineered to deliver unmatched performance and safety in the most demanding environments.
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TITAN Group
VC Fund · 2 investments in Canada Clean Energy startups

TITAN Group is an investment firm.

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Investment focus

  • Industry: Energy, CleanTech, Clean Energy
  • Stage:Convertible Note
  • Geography: Canada

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Carbon Upcycling — Our cities, roads, energy, AI, and all critical infrastructure are built on a foundation of concrete. And cement is the glue that holds it all together. Securing our tomorrow means securing our critical cement materials. It means building manufacturing independence, localizing supply chains, and investing...
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Finindus
VC Fund · Zelzate, Oost-Vlaanderen, Belgium · 2 investments in Canada Clean Energy startups

Finindus provides early stage financing and growth capital to innovative companies active in the area of materials, material processing and sustainable manufacturing. We are funded by ArcelorMittal and the Flemish Region and linked to OCAS, the world class metals research center located in Belgium.

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Investment focus

  • Industry: Manufacturing, Industrial, Renewable Energy
  • Stage:Series A, Seed
  • Geography: Belgium, United States, Sweden

Investor stats

  • Total investments: 36
  • Round size: Seed $1.3M–$5.4M; Series A $3.4M–$27M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Ventory — Ventory is an affordable, intuitive, and easy-to-use platform that gives field professionals full visibility and real-time control over remote inventory.
  • Immaterial — Facilitating the energy transition with advanced materials.
  • Tretau — E-mobility is powered by its core - the electric motor. We at Tau are at the very core of the core: the copper winding wire, the magnetic core, the electrical steel.We just make it bet.
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Chevron Technology Ventures
VC Fund · Houston, Texas, United States · 2 investments in Canada Clean Energy startups

Chevron Technology Ventures champions innovation, commercialization and integration of emerging technologies within Chevron.

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Investment focus

  • Industry: Energy, Software, Manufacturing
  • Stage:Series A, Series B, Series C
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 172
  • Round size: Series A $4.8M–$34M; Series B $6.5M–$42M; Series C $6M–$115M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — raised $90M in 2019

Portfolio highlights

  • Natron Energy — Natron Energy is safely changing how energy is stored and consumed with our sodium-ion battery technology. Learn more!
  • Aquanta Vision — Aquanta Vision provides optical gas imaging detection software which improves methane leak identification during inspections.
  • Ardent Process Technologies — Proven, practical solutions for industrial point-source carbon capture and other challenging chemical separations.
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IBI Group
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada Clean Energy startups

IBI Group is a global architecture, engineering, planning, and technology firm defining the cities of tomorrow.

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Investment focus

  • Industry: Software, CleanTech, Automotive
  • Stage:Pre-Seed, Series A
  • Geography: Canada

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • SWTCH — SWTCH provides electric vehicle charging & energy management solutions for businesses and individuals.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Eni Next
VC Fund · Rome, Lazio, Italy · 2 investments in Canada Clean Energy startups, 8 in the past 12 months

Eni Next has been recently established as the venture capital arm of Eni Group. It aims to be a key role in Eni's open innovation strategy towards energy transition through investing in startups with disruptive technologies. Its focus investment areas include Clean-Tech, Industrials, Digital technologies, Magnetic Fusion, and others.

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Investment focus

  • Industry: Energy, Environmental Engineering, Renewable Energy
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: United States, Italy, United Kingdom

Investor stats

  • Total investments: 30
  • Round size: Series A $12M–$84M; Series B $28M–$140M; Venture - Series Unknown $652k–$225M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Black Giant — Black Giant SpA is the Chilean project company for EnergyX’s Black Giant lithium project.
  • DRONUS — Dronus provides inspection, safety, and smart city capabilities from an innovative, minimally invasive base that guarantees the drone's flight stability and safety during take-off and landing, even in difficult climatic conditions.
  • Phoenix Tailings — Phoenix Tailings leads rare earth refining in the U.S. to secure the metals our economy and defense need to thrive.
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Oxy Low Carbon Ventures
VC Fund · Houston, Texas, United States · 2 investments in Canada Clean Energy startups

Oxy Low Carbon Ventures a subsidiary of Occidental Petroleum Corporation.

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Investment focus

  • Industry: Energy, Manufacturing, Renewable Energy
  • Stage:Series A, Private Equity
  • Geography: United States, Canada

Investor stats

  • Total investments: 13
  • Round size: Series A $15M–$26M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Pure Lithium — Pure Lithium manufactures lithium metal battery technology to offer clean, sustainable, and cost-effective rechargeable batteries. It also provides a high discharge current density of Li-ion, significantly longer charging, and lesser weight for easier portability and transportation that enable industries to work under a range of environmentalconditions with customized casings and insulation.The company was founded in 2019 and is headquartered in Charlestown, Massachusetts.
  • Newlight Technologies — Newlight | AirCarbon - a natural, carbon-negative, regenerative, ocean-degradable material that can replace plastic. Harnessing the technology in nature to improve the world.
  • Carbon Upcycling — Our cities, roads, energy, AI, and all critical infrastructure are built on a foundation of concrete. And cement is the glue that holds it all together. Securing our tomorrow means securing our critical cement materials. It means building manufacturing independence, localizing supply chains, and investing...
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Climate Investment
VC Fund · London, England, United Kingdom · 2 investments in Canada Clean Energy startups

OGCI Climate Investments focuses on delivering the transition to lower carbon emission energy sources. The leaders of the ten major oil and gas companies are committed to the direction set out by the Paris Agreement on climate change. They support its agenda for global action and the need for urgency. Through their collaboration in Oil and GasClimate Initiative (OGCI), they can be a catalyst for change in their industry and more widely.OGCI aims to increase the ambition, speed and scale of the initiatives they undertake as individual companies to reduce the greenhouse gas footprint of their core oil and gas business – and to explore new businesses and technologies.

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Investment focus

  • Industry: Energy, Manufacturing, CleanTech
  • Stage:Series B, Series C
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 89
  • Round size: Series B $5.5M–$53M; Series C $5M–$60M
  • Lead/follow: 49% lead, 51% follow

Portfolio highlights

  • SensorUp — SensorUp offers advanced software solutions for methane emissions management and reduction in the oil and gas industry, aligning with net zero goals and enhancing operational control through effective emissions reporting and measurement technology.
  • ANYbotics — ANYbotics provides autonomous legged robots for industrial applications to provide high availability and reliability in automated routine inspections.
  • Trace Carbon Solutions — Trace Carbon Solutions is focused on developing Carbon Capture and Sequestration (CCS) infrastructure to enable the decarbonization of an array of large-scale industrial emissions.
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Natural Gas Innovation Fund
VC Fund · Ottawa, Ontario, Canada · 2 investments in Canada Clean Energy startups

Natural Gas Innovation Fund supports the funding of clean-tech innovation in the natural gas value chain. Created by the Canadian Gas Association, NGIF seeks to fill a technology development gap in the sector and invest in innovation enabling natural gas solutions for current and emerging challenges facing Canada’s energy system.NGIF was foundedin 2016 and is based in Ottawa, Canada.

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Investment focus

  • Industry: Oil and Gas, Renewable Energy, Energy
  • Stage:Grant, Series A
  • Geography: Canada, United States

Investor stats

  • Total investments: 18
  • Round size: Grant $91k–$2.8M; Series A $10M–$62M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Carbonova — Carbonova takes carbon dioxide plus methane that combined with waste heat produces carbon nanofiber. Carbonova sees waste and pollution as a new untapped resource creating a true circular economy. It has applications in a wide variety of industries including replacing carbon black, tires, batteries,
  • Hydron Energy — Hydron Energy is a cleaner fuel company helping hard-to-decarbonize sectors of transportation and industry.
  • Galatea Technologies — Galatea offers cutting-edge technology to empower businesses with data-driven solutions, optimizing operational, financial, and environmental performance.
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BDC Capital’s Climate Tech Fund
VC Fund · 2 investments in Canada Clean Energy startups

BDC Capital’s Climate Tech Fund invests in Canadian climate technology firms.

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Investment focus

  • Industry: CleanTech, Manufacturing, Nanotechnology
  • Stage:Series A, Seed, Series B
  • Geography: Canada

Investor stats

  • Total investments: 15
  • Round size: Seed $1.5M–$5.1M; Series A $7M–$50M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Carbicrete — CarbiCrete is a carbon removal technology company that enables the production of cement-free, decarbonized concrete.
  • Future Fields — Future Fields Cellular Agriculture: Serum-Free Growth Media Supplements and Recombinant Proteins - Optimized for the Future of Food.
  • Freshr Technologies — Impactful Health R&D is a developer of compostable active packaging materials designed to prolong the shelf life of fresh foods, starting with fresh fish as an entry market. The company's active packaging materials are made of naturally-derived resources and helps in preserving the texture of a fish by maintaining its water content andtargeting bacteria, enabling fish processing companies to reduce wastage of fish.
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Amplify Capital
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada Clean Energy startups

Invest in transformational technologies that can achieve large scale solutions globally.

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Investment focus

  • Industry: Health Care, Education, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Canada, United States, India

Investor stats

  • Total investments: 43
  • Round size: Seed $1.1M–$5M; Pre-Seed $1.1M–$2.3M; Series A $7.3M–$28M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — raised $22M in 2020

Portfolio highlights

  • Fex Energy
  • ThinkLabs AI — ThinkLabs AI is a specialist AI development and deployment firm. Its mission is to empower critical industries and infrastructure with trustworthy AI towards global energy sustainability.
  • Carbon Upcycling — Our cities, roads, energy, AI, and all critical infrastructure are built on a foundation of concrete. And cement is the glue that holds it all together. Securing our tomorrow means securing our critical cement materials. It means building manufacturing independence, localizing supply chains, and investing...
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Shell Ventures
VC Fund · Rijswijk, Zuid-Holland, The Netherlands · 2 investments in Canada Clean Energy startups

Shell Ventures invests in companies to speed up development and deployment of new technologies which complement our business.

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Investment focus

  • Industry: Energy, Renewable Energy, Software
  • Stage:Series A, Series B
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 166
  • Round size: Series A $6M–$31M; Series B $2.8M–$126M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • 2-B Energy — The perfect wind turbine for offshore floaters or floating platforms
  • Orb Energy — Orb Energy is a vertically integrated solar company that manufactures solar panels, design, install, and services complete system, and finance C&I customers.
  • Airborne Oil & Gas — Airborne Oil & Gas (AOG) has developed a range of Thermoplastic Composite Pipe (TCP) products that offer unique benefits for offshore oil & gas operations. The thermoplastic composite pipes are corrosion-free, lightweight and spoolable, and can be deployed in the most demanding offshore and subsea applications. These intrinsic propertiesenable a step-change in offshore and subsea operations, with a 30 – 50% capex saving, and even higher opex savings. \r\n\r\nThe pipes are non-metallic, which eliminates the need for expensive corrosion prevention and inspection measures. This enhances reliability and safety while significantly reducing operational expenditure, particularly for Flowlines. The spoolable composite pipes can be installed significantly faster and with simpler vessels than traditional steel-based pipes. \r\n\r\nThe AOG headquarter and manufacturing facility is based in IJmuiden (Port of Amsterdam), the Netherlands and has regional sales offices in major oil & gas hubs in Asia and the US. AOG has 90 employees.
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Toyota Ventures
VC Fund · Los Altos, California, United States · 2 investments in Canada Clean Energy startups

Toyota Ventures is a San Francisco Bay Area-based venture capital firm that invests in early-stage startups from around the world. Founded in July 2017, its mission is to discover what’s next for Toyota by helping startups bring disruptive technologies and business models to market quickly. With more than $800 million in assets under management,the firm’s funds include the Toyota Ventures Frontier Fund focused on artificial intelligence, cloud computing, autonomy, mobility, robotics, financial technologies, materials, and energy; and the Toyota Ventures Climate Fund focused on innovative solutions for carbon neutrality.

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Investment focus

  • Industry: Artificial Intelligence, Software, Robotics
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, Israel

Investor stats

  • Total investments: 154
  • Round size: Seed $1.4M–$17M; Series A $9.3M–$38M; Series B $15M–$126M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: Likely still investing — raised $150M in 2024

Portfolio highlights

  • River — Empowering people, improving lives.
  • Walden Robotics — Walden Robotics is an industrial robotics company that builds and deploys general-purpose, semi-humanoid robots for manufacturing and logistics.
  • Supercritical — We partner with industry to move and think beyond fossil fuels with innovative clean technology solutions.
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Ultratech Capital Partners
VC Fund · Alexandria, Virginia, United States · 1 investments in Canada Clean Energy startups

Ultratech Capital Partners provides capital to innovative technology enterprises that develop software, systems, and processes. Ultratech Capital Partners was founded in 2021 and was headquartered in Virginia, USA.

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Investment focus

  • Industry: Manufacturing, Semiconductor, Energy
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Canada, Germany

Investor stats

  • Total investments: 15
  • Round size: Seed $2.3M–$25M; Series A $10M–$31M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Hybron — Stronger. Lighter. Tougher. Built on U.S. soil. Hybron is redefining composites manufacturing for what comes next.
  • Stathera — Stathera transforms the global timing market from Quartz-based to MEMS-based devices.
  • NextGO Epi — NextGO Epi, the Leading Gallium Oxide Epiwafer Supplier from Germany
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WUTIF
VC Fund · Vancouver, British Columbia, Canada · 1 investments in Canada Clean Energy startups

WUTIF Capital (VCC) Inc. is a novel angel fund that co-invests with angel investors in promising new technology ventures in British Columbia. WUTIF was formed in mid-2003 and made its first investments in late 2004.

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Investment focus

  • Industry: Software, Health Care, Biotechnology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Canada

Investor stats

  • Total investments: 73
  • Round size: Seed $100k–$3.8M; Pre-Seed $279k–$1.2M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • ViewsML — Explore cutting-edge AI solutions for cancer treatment, diagnosis, and research. Discover how clinical labs leverage artificial intelligence for precise cancer detection and diagnosis.
  • Carbonyx — Carbonyx transforms waste into carbon-negative advanced materials for industry.
  • CereCura Nanotherapeutics — CereCura Nanotherapeutics is a biotechnology company pioneering the therapeutic use of RNA nanomedicine to treat disorders of the central nervous system.
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Ivey Foundation
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada Clean Energy startups

Ivey Foundation supports innovative approaches and practices advance sustainabilities.

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Investment focus

  • Industry: Energy, Clean Energy, Impact Investing
  • Geography: Canada

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • CoPower — We are the only Canadian bank exclusively focused on partnerships with organizations that drive social, economic and environmental change.
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Innovacorp
VC Fund · Halifax, Nova Scotia, Canada · 1 investments in Canada Clean Energy startups

Innovacorp is an early-stage venture capital firm that helps knowledge-based startups commercialize their technologies in the global marketplace. It invests in early stage Nova Scotia entrepreneurs, combining venture capital with business mentoring and incubation facilities. Innovacorp was established in 1995 and based in Halifax, Canada.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Grant, Pre-Seed
  • Geography: Canada, Australia, United States

Investor stats

  • Total investments: 157
  • Round size: Seed $50k–$3.3M; Grant $25k–$91k; Pre-Seed $18k–$879k
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $40M in 2016

Portfolio highlights

  • Bright Breaks — Bright Breaks offers a workplace wellness solution to boost employee wellness, connection, and productivity with 7-minute live micro-breaks. Bright Breaks' wellness platform is designed to provide users with maximum benefits while requiring the least amount of effort. It only takes a few minutes per day to reduce stress and improve well-being.
  • Planetary — Planetary restores the chemistry of seawater so it can do what it has always done: support life and protect the planet.
  • Planetary — Planetary restores the chemistry of seawater so it can do what it has always done: support life and protect the planet.
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BDC Capital's Growth & Transition Capital
VC Fund · Montréal, Quebec, Canada · 1 investments in Canada Clean Energy startups

Get customized financing with flexible repayment terms to raise capital for growth or business transition projects, without diluting ownership.

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Investment focus

  • Industry: Software, Information Technology, Computer
  • Stage:Debt Financing, Seed
  • Geography: Canada, China

Investor stats

  • Total investments: 27
  • Round size: Seed $1M–$1.5M; Debt Financing $1.5M–$4.7M
  • Lead/follow: 85% lead, 15% follow

Portfolio highlights

  • Layla — Find the therapist who fits your needs and preferences, online or in-person, with steady Layla support that stays with you as your care evolves.
  • DimOnOff — DimOnOff is a pioneer and innovator of remote control & monitoring technologies and ranks among the top players in the smart cities management market. Headquartered in Quebec City, Canada, DimOnOff is the result of more than 12 years invested in R&D to create the ultimate IoT, Smart City Management System “SCMS”. DimOnOff was recentlylisted within the top 10 player in the smart street-lighting market.
  • HiringBranch — Skills based hiring solutions for global companies. We help you hire for the right skills - performance improvement guaranteed.
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MaRS Investment Accelerator Fund
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada Clean Energy startups

Working with Ontario talent to develop World Class Companies Learn More

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Canada, United States

Investor stats

  • Total investments: 162
  • Round size: Seed $450k–$4M; Pre-Seed $368k–$1.5M; Series A $2.2M–$14M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • SELL IT9 — Get top cash for your tech with SELLIT9, Canada's trusted trade-in service. Free same-day pickups, convenient drop-off locations, and pre-paid shipping labels nationwide. Fast, secure, and hassle-free!
  • TimeSmart.AI — A healthcare-focused solution for contract management, clinician timesheet review and approvals, payment tracking & contract compliance enforcement
  • Authentic Web — Authentic Web is a Corporate Domain Name Management platform for the New TLD Era.We equip enterprise teams in Digital, Marketing & IT with domain and DNS automation, providing business intelligence to support digital optimization and innovation for digital brands.Our workflow, automation and security protocols address Security andCompliance requirements for Risk, Compliance and IT Security teams to lock down domain assets and support teams to manage DNS network exposures.
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Evok Innovations
VC Fund · Vancouver, British Columbia, Canada · 1 investments in Canada Clean Energy startups

Founded in 2016, Evok Innovations is a fund that focuses on early-stage companies in the areas of Clean Energy, CleanTech, ClimateTech and CarbonTech.

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Investment focus

  • Industry: Energy, Chemical, Oil and Gas
  • Stage:Series A, Seed, Series B
  • Geography: Canada, United States, Israel

Investor stats

  • Total investments: 59
  • Round size: Seed $2.5M–$11M; Series A $5M–$57M; Series B $2.8M–$58M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $300M in 2022

Portfolio highlights

  • SensorUp — SensorUp offers advanced software solutions for methane emissions management and reduction in the oil and gas industry, aligning with net zero goals and enhancing operational control through effective emissions reporting and measurement technology.
  • DISA Uranium — DISA Uranium recovers uranium and vanadium from abandoned uranium mine waste and conventional mineral resources. The company remediates legacy uranium mine sites and applies High-Pressure Slurry Ablation technology to liberate and concentrate uranium-bearing material. DISA Uranium also develops domestic uranium recovery and processing capacity forproducing uranium oxide from recovered and mined feedstock.
  • Moment Energy — Moment Energy empowers commercial and industrial clients across North America to reduce operational costs, increase energy resilience for business, and achieve sustainability goals.
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BP Ventures
VC Fund · Palo Alto, California, United States · 1 investments in Canada Clean Energy startups

bp Ventures plays a key role in helping the company reinvent itself as an integrated energy company, in line with our new purpose: reimagining energy for people and planet.

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Investment focus

  • Industry: Energy, Renewable Energy, Manufacturing
  • Stage:Series A, Series B
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 115
  • Round size: Series A $3.1M–$27M; Series B $5.8M–$60M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2018

Portfolio highlights

  • Grid Edge — Grid Edge uses artificial intelligence technology to predict, optimize and control the energy profile, unlocking the potential to become active and intelligent participants in the energy system. The company specializes in hybrid deep learning and artificial neural network methods, Grid Edge provides cloud-based software services that work inharmony with building energy management systems.
  • Oxa — Autonomous Vehicle Software - Any Vehicle, Any Place, Any Time
  • Magenta Mobility — Magenta is in business of 'Enabling electric mobility and Making electricity clean'. Magenta has four business divisions: 1. Magenta ChargeGrid - EV Charging Solutions 1. Magenta Power - Clean Energy Systems 3. Magenta Infomatics - Information Technology for clean energy 4. Magenta EVET - Electric Vehicle based transport solutions
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Mitsubishi Heavy Industries
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Canada Clean Energy startups

Welcome to the global website of Mitsubishi Heavy Industries, Ltd. Introduce Mitsubishi Heavy Industries and its group companies.

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Investment focus

  • Industry: Energy, Manufacturing, Renewable Energy
  • Stage:Series A, Series B
  • Geography: United States, Japan, Italy

Investor stats

  • Total investments: 39
  • Round size: Series A $12M–$60M; Series B $11M–$198M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • DG Matrix — DG Matrix innovative solutions unlock gigaton-scale emissions reductions by enabling electrification anywhere and everywhere with less material and a smaller footprint.
  • Fervo Energy — Fervo Energy delivers 24/7 carbon-free energy through development of next-generation geothermal projects.
  • Japan LEO Shachu — Japan LEO Shachu advances the commercial utilization of space through the strategic use of the Japanese module aboard the crewed space station. We are committed to fostering the development of a new economic domain in low Earth orbit.
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NGEN Partners
VC Fund · New York, New York, United States · 1 investments in Canada Clean Energy startups

NGEN Partners is an active venture investor committed to backing world class entrepreneurs seeking to change industries through innovation, creativity and the promotion of environmentally sustainable products and services.Founded in 2001, NGEN Partners invests in companies that positively improve the environment and human wellness. We seekentrepreneurs with unique business models and differentiated products and services, capable of rapid growth and sustained profitability. We invest in and alongside these entrepreneurs, helping them grow and sustain category leaders. We invest throughout North America, and have offices in California and New York.

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Investment focus

  • Industry: Energy, Manufacturing, Renewable Energy
  • Stage:Series B, Series C
  • Geography: United States, Canada

Investor stats

  • Total investments: 44
  • Round size: Series B $3.5M–$20M; Series C $6.4M–$48M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Zevia — Zevia's naturally sweetened soda, energy drinks, organic tea, and mixers promise the healthy alternative to artificial commercial beverages.
  • Nlyte Software
  • Revolution Foods — We provide healthy school and community meals for kids, adults, and seniors across the country. Visit now to learn more about our reimbursable programs.
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Alliance of Angels
VC Fund · Seattle, Washington, United States · 1 investments in Canada Clean Energy startups

Largest and most active angel group in the Pacific Northwest

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Investment focus

  • Industry: Software, Health Care, Mobile
  • Stage:Seed, Series A
  • Geography: United States, Canada, Nigeria

Investor stats

  • Total investments: 150
  • Round size: Seed $750k–$3M; Series A $1.1M–$6.8M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: May invest from a new fund soon — raised $5.3M in 2015

Portfolio highlights

  • Glidance — Glidance develops a self-driving mobility aid for people with sight loss. It leverages advancements in robotics, AI, and autonomous systems to guide people with sight loss where they want to go. With the aid of its advanced technology, users may navigate through crowds of people and around objects with ease and safety, getting to a door, stairwell,or park seat in the area.
  • 3D BioFibR — 3DBioFibR is a biotechnology company that develops and manufactures biopolymer fibers for tissue engineering and advanced biomaterial applications. The company uses a patented dry-spinning technology to produce collagen fibers that replicate the structural, biochemical, and biomechanical properties of natural collagen. Its product portfolioincludes collagen-based materials for 3D bioprinting, hydrogels, cell culture, and tissue engineering research, as well as custom collagen scaffolds for specialized applications. In addition to collagen, the company applies its manufacturing platform to other biopolymers, including spider silk, fibrin, and chitosan, for use in biomedical and advanced material research. The company collaborates with research institutions and industry partners to support the development of biomaterials for regenerative medicine, life sciences, and other engineering applications.
  • Hest Outdoors — We're on a mission to maximize days outside through a better night's sleep under the stars. Explore our revolutionary camping mattresses, sleeping pads and pillows. Sleep well. Play more.
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Hamilton Community Foundation
VC Fund · Hamilton, Ontario, Canada · 1 investments in Canada Clean Energy startups

Hamilton Community Foundation helps its donors to transform their passion into givings.

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Investment focus

  • Industry: Energy, Clean Energy, Impact Investing
  • Geography: Canada

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • CoPower — We are the only Canadian bank exclusively focused on partnerships with organizations that drive social, economic and environmental change.
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McConnell Foundation
VC Fund · Montreal, Quebec, Canada · 1 investments in Canada Clean Energy startups

The J.W. McConnell Family Foundation is a private philanthropic organization funding programs that support Canadians .

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Investment focus

  • Industry: Energy, Clean Energy, Impact Investing
  • Geography: Canada

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • CoPower — We are the only Canadian bank exclusively focused on partnerships with organizations that drive social, economic and environmental change.
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Fonds de solidarité FTQ
VC Fund · Montréal, Quebec, Canada · 1 investments in Canada Clean Energy startups

Fonds de solidarité FTQ is a private equity and venture capital firm specializing in investments in start-ups, early venture, mergers, business acquisitions, management buyouts, market development project or a buyout, financing for new programs, organic growth and cash flow, growth and expansion financings, development capital, business succession,financial restructuring, business transition financing, family and non-family buyout, consolidations, turnaround, and leveraged management buyouts. It also invests in new markets, product and business line developments, market diversification, interim financings, new product marketing, additional working capital, purchase of tangible and intangible assets, equipment modernization, equipment purchases or upgrades, and integrator projects. The firm has regional funds that do not invest in retail, real estate, farming, biotechnology, and financial services. Fonds de solidarité FTQ invests in small and medium-sized businesses. It typically invests in export projects, forest products, productivity improvement, natural resources, aerospace, agri-food, wood, pulp and paper, chemicals, construction and construction materials, printing, transportation equipment and automobiles, transportation services, furniture and fixtures, combinatorial chemistry and other lead generating technologies, mining and exploration, social economy, textiles, plastics, life sciences, business services, telecommunications, distribution and consumer goods, environment, equipment and machinery, financial services, information and communication technology, metal products, recreational tourism, and culture sectors. Within the culture sector, Fonds de solidarité FTQ seeks to invest in pre-production and creative projects, production projects, infrastructures and services, post-production projects, distribution, and broadcasting and multiplatform broadcasting. Within the environment sector, it invests in waste management and energy conversion for residual waste; air treatment and reduction of greenhouse gas emissions; processes to reduce industrial energy and water consumption; water treatment; and soil rehabilitation and decontamination (metals and organic compounds). Within the life sciences sector, Fonds de solidarité FTQ focuses on services for the biopharmaceutical industry; nutraceuticals and cosmeceuticals; diagnostics and medical supplies and equipment; biopharmaceuticals and generic drugs; biotechnology, and animal health. Within the tourism sector, it focuses on urban tourism, nature tourism, resort type tourism, and local tourism for Quebecers, and in the textiles sector it invests in companies engaged in development and production of specialty textiles as well as development of industrial applications for the construction, transportation, health and safety, and work apparel industries. Fonds de solidarité FTQ prefers to invest in Quebec and in companies impacting the Québec economy. It focuses on investing in the following regions- Abitibi –Témiscamingue, Bas Saint Laurent, Chaudière-Appalaches, Côte-Nord, Estrie, Gaspésie Îles-de-la-Madeleine, Lanaudière, Laurentides, Laval, Mauricie - Centre-du-Québec, Montérégie, Nord-du-Québec, Outaouais, and Saguenay-Lac-St-Jean. Fonds de solidarité FTQ seeks to invest in projects of $3 million or more and also provides loans of up to $ 2 million. It invests in companies in business succession sector having minimum capitalization of $500,000 and EBITDA of over $35.5 million in case of majority interest; equipment and machinery sector with average investment in excess of $3 million; environment sector with funding needs of more than $500000; financial services sector having net assets between $20 million and $50 million in equity; metal products sector having annual sales of over $5 million and financing needs of at least $2 million; and printing sector having investment needs of over $1 million. In the information technology sector, Fonds de solidarité FTQ seeks to invest $2 million as initial investments while total investments can be more than $10 million. It invests in the form of equity financing (common or preferred shares) and unsecured debt requiring no collateral (debenture). Fonds de solidarité FTQ can take both a minority interest including an equity stake of up to 49 percent as well a majority interest in its portfolio companies in case of business succession financing. It seeks a minority stake for the portfolio companies in the equipment and machinery sector. It typically holds its investments for a period of five to ten years in case of equity financing and for more than ten years in case of business succession financing. Fonds de solidarité FTQ began operation on June 23, 1983. It has its headquarters in Montreal in Canada with additional offices in the same city and Quebec in the same country.

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Investment focus

  • Industry: Manufacturing, Biotechnology, Software
  • Stage:Series A, Series B
  • Geography: Canada, United States, Israel

Investor stats

  • Total investments: 228
  • Round size: Series A $6M–$50M; Series B $7.5M–$75M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • AV&R — AV&R designs user-centric, reliable robotic systems for aerospace & medical manufacturers, automating surface finishing & inspection.
  • Namakor Holdings — We combine strategic investment and in-house operational expertise to untap the true potential of your industrial manufacturing businessNamakor Holdings is a private equity firm investing in mid-market manufacturing companies, driving growth, innovation, and global expansion.
  • PG Hardwood Flooring — PG Hardwood is a company which provides Prefinished hardwood, Varnished hardwood, Gymnasium wood & Solid hardwood flooring.
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Samsung Ventures
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 1 investments in Canada Clean Energy startups

The primary responsibilities of the group are to source, qualify, and invest in technology related companies. Our major investment areas include semiconductors, materials, mobile service, internet, software, security, enterprise solutions, bio engineering & medical, while potential investment subjects range from early-stage startups to pre-IPOcompanies. Currently, the group has over $1.8B under management and invests $250M annually.Samsung Ventures was founded on October 8, 1999, and is based in Seoul, South Korea.

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Series B, Series A
  • Geography: United States, South Korea, Israel

Investor stats

  • Total investments: 250
  • Round size: Series A $3.9M–$44M; Series B $4.9M–$100M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — last raise in 2009

Portfolio highlights

  • Swype — Swype creates text input technology for screens. The patented interface enables users to create words with one continuous finger motion across an on-screen keyboard. This approach provides a faster and easier way to write. Swype delivers single-tap, multi-tap, predictive and "swype" motions for both stylus and finger based input.In addition, the application is designed to work across a variety of devices such as phones, tablets, game consoles, kiosks, televisions, virtual screens and more.Seattle based Swype Inc. was founded by Cliff Kushler and Randy Marsden in 2003. Cliff is the co-inventor of T9, the standard predictive text-entry solution used on almost 3 billion mobile phones worldwide. Randy is the developer of the onscreen keyboard included in Windows, with an installed base of over 500 million units
  • ZutaCore — The ZutaCore waterless direct-to-chip liquid cooling solutions is a smart, sustainable alternative to conventional air and water cooling for data centers.
  • Walden Robotics — Walden Robotics is an industrial robotics company that builds and deploys general-purpose, semi-humanoid robots for manufacturing and logistics.
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Silicon Valley Bank Canada
VC Fund · 1 investments in Canada Clean Energy startups

Investment focus

  • Industry: AgTech, Energy, CleanTech
  • Stage:Debt Financing
  • Geography: Canada

Investor stats

  • Total investments: 5
  • Round size: Debt Financing $3M–$54M
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • e-Zinc — Founded in 2012, e-Zinc is a Toronto, Canada, based corporation that has developed a breakthrough electrochemical technology for storing energy in zinc metal. This low-cost, flexible, and long-duration energy storage solution will provide the platform for the world’s energy markets to be fully powered by renewable energy, enabling a zero-carbonenergy future.
  • Figbytes — Bring your ESG vision to life with the AMCS ESG Solution. Helping you automate reporting, engage with stakeholders, and simplify ESG data management.
  • Keep — Keep has higher credit limits, the highest cash back rewards in Canada, and absolutely no fees! Join the thousands of Canadian business owners making the switch to Keep.
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Export Development Canada
VC Fund · Ottawa, Ontario, Canada · 1 investments in Canada Clean Energy startups, 22 in the past 12 months

Export Development Canada (EDC) is a Crown corporation dedicated to assisting Canadian businesses of all sizes in achieving global success. It provides them with the tools they need to grow their business with confidence, including trade knowledge, financial solutions, equity, insurance, and connections.

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Investment focus

  • Industry: Software, Manufacturing, Renewable Energy
  • Stage:Series B, Series A
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 250
  • Round size: Series A $3.5M–$22M; Series B $5M–$50M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Ionik — Popreach is now @IonikGroup
  • Velto Renewables — Velto Renewables is a renewable energy company that specializes in enabling global economy to decarbonize by developing renewable assets.
  • CleanPlanet Chemical — Discover the most advanced solvent recycler available today. Whether you recycle your solvent on-site, off-site, or not at all, save money with CleanPlanet Chemical's solvent recycling system.
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Cemex Ventures
VC Fund · Madrid, Madrid, Spain · 1 investments in Canada Clean Energy startups

Cemex Ventures is the corporate venture capital of Cemex. With a global focus, we invest in, accelerate, and partner with innovative startups to drive the construction revolution.

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Investment focus

  • Industry: Construction, Software, SaaS
  • Stage:Seed, Series A
  • Geography: United States, Spain, Mexico

Investor stats

  • Total investments: 42
  • Round size: Seed $1M–$8M; Series A $1.7M–$26M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • WtEnergy — Technology company focus on provide advanced solutions for the transformation of biomass and non-recyclable waste into clean energy.
  • OPTIMITIVE — Optimitive offers an Artificial Intelligence technology solution that optimizes the efficiency and sustainability the industrial processes.
  • Terra CO2 Technologies — We offer innovative solutions to decarbonize cement.
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Prithvi Ventures
VC Fund · New York, New York, United States · 1 investments in Canada Clean Energy startups

Prithvi Ventures invests in early-stage startups that fight Climate Change by reducing greenhouse gas emissions

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Investment focus

  • Industry: Manufacturing, Chemical, CleanTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, Singapore

Investor stats

  • Total investments: 22
  • Lead/follow: no public data

Portfolio highlights

  • Bucha Bio — Bucha Bio creates a novel biomaterial grown from infinitely renewable bacterial-nanocellulose. Strands of natural fibers interlock to form a high-performance textile with a luxuriously soft handfeel. Produced in weeks rather than months or years, use it in premium applications instead of animal leather, polyurethane, latex, vinyl, and so much more.Creating a reliable material is our goal, adding plastics and petrochemicals like PU polyurethane would make it easy, but we’ve never taken the easy way out. Committed to sustainability, Bucha Bio’s team is dedicated to creating a completely biodegradable textile that enables the next generation of designers to create products for a more sustainable future. Our biomaterial is water-resistant, scratch-resistant, sunlight-resistant, flame-resistant, and so many more reasons to test it out in your next product.
  • Tandem Repeat — Tandem Repeat Climate-positive Smart Textiles
  • Mars Materials — At Mars Materials, we're developing technologies that store carbon dioxide in products part of our everyday lives.
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The Houssian Foundation
VC Fund · Vancouver, British Columbia, Canada · 1 investments in Canada Clean Energy startups

The Houssian Foundation leverages philanthropic giving, impact investing, and movement-building to promote environmental protection, gender justice, and resilient communities.

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Investment focus

  • Industry: Software, CleanTech, Insurance
  • Stage:Series A
  • Geography: Canada

Investor stats

  • Total investments: 2
  • Round size: Series A $6.1M–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • SWTCH — SWTCH provides electric vehicle charging & energy management solutions for businesses and individuals.
  • Virtual Gurus — Our virtual assistants provide superhero admin support to help busy organizations accomplish more. Find out today how our assistants in Canada and the United States can help you.
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Silicon Valley Bank
VC Fund · Santa Clara, California, United States · 1 investments in Canada Clean Energy startups

Silicon Valley Bank is the financial partner of the innovation economy; helping individuals and investors in the innovation ecosystem achieve extraordinary outcomes.

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Investment focus

  • Industry: Software, Health Care, Biotechnology
  • Stage:Debt Financing, Series B, Series A
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 462
  • Round size: Series A $5M–$30M; Series B $6M–$45M; Debt Financing $3M–$130M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • ShipBob — Ecommerce fulfillment for online stores. ShipBob empowers businesses to offer 2-day shipping and manage inventory, orders, and shipments.
  • SunVest Solar — SunVest Solar is a solar development company that assists commercial building owners, non-profit organisations, tribes, and landowners in investing in sustainable solar energy. We help our customers become more sustainable while reducing their carbon footprint.
  • Aspen Neuroscience — personalized cell therapy Starts with you Learn More about our technology
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FedDev
VC Fund · Waterloo, Ontario, Canada · 1 investments in Canada Clean Energy startups

FedDev Ontario aids the southern Ontario economy by supporting innovation, commercialization, business growth, productivity, and communities.

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Investment focus

  • Industry: Software, Manufacturing, Information Technology
  • Stage:Grant, Debt Financing, Seed
  • Geography: Canada, United States

Investor stats

  • Total investments: 178
  • Round size: Seed $24k–$40k; Grant $76k–$5M; Debt Financing $500k–$3.5M
  • Lead/follow: 94% lead, 6% follow

Portfolio highlights

  • Nulogy — Nulogy connects CPG brands and their strategic suppliers on a unique platform designed to meet the changing demands of retailers and consumers.
  • Humi — Your all-in-one HR, payroll, insurance, and benefits solution. Give all your employee data a home, pay employees with ease, and streamline your group benefits experience.
  • Opus One Solutions — Opus One Solutions is a software engineering and solutions company delivering on a the vision of a Connected Energy Internet.Opus One is a software engineering company introducing GridOS®, the first-in-kind real-time operating system for the smart grid. The grid today is getting smarter and greener, but has become more fragmented than ever as anetwork of silos. GridOS® integrates the power system’s energy resources such as generation, storage and demand, with information resources such as sensors, meters and analytics, to best manage and operate the grid.Using intelligent power engineering algorithms for online analytics, GridOS® gives the utility and energy resources an unmatched degree of situational awareness, supervisory control and optimization of their systems. The result is improved grid reliability, power quality, utilization and efficiency, as well as unlocked potential for 100% clean energy.
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Cogito Capital
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada Clean Energy startups

PE Firm (Cogito Capital) and early-stage VC Firm (Cogito Ventures) focused on enabling digital transformation within mature industries such as Real Estate, Retail and Telecommunications through AI and IoT technology.

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Investment focus

  • Industry: Software, Financial Services, SaaS
  • Stage:Seed, Pre-Seed, Series B
  • Geography: Canada, India, The Netherlands

Investor stats

  • Total investments: 5
  • Round size: Seed $183k–$1.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • SWTCH — SWTCH provides electric vehicle charging & energy management solutions for businesses and individuals.
  • Finom — Finom is an online payment solution for entrepreneurs that makes it easy to open a business account and securely manage their finances.
  • Netafim Agricultural Financing Agency — Netafim Agricultural Financing Agency is a platform that finances the stakeholders in the micro-irrigation value chain. Netafim invented and pioneered the adoption of drip irrigation systems across the world with the mission to promote a global change in the way water is used in agriculture.
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Ontario Centres of Excellence
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada Clean Energy startups

The Ontario Centres of Excellence invests in projects and people to accelerate industry R&D to impact the Ontario economy through the commercialization of leading edge research.OCE invests in- Industry-Academic collaborative research- Commercialization of academic research through licensing and spin off companies- Early stage seedfinancing of start-ups- Skills development for high quality personnelThe Ontario Centres of Excellence is a not-for-profit corporation founded in 1987. Core funding is provided by the Ontario Ministry of Research and Innovation

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Grant, Pre-Seed
  • Geography: Canada, United States

Investor stats

  • Total investments: 150
  • Lead/follow: no public data

Portfolio highlights

  • Uride — Welcome to Uride - your reliable and affordable ridesharing service with a community-focus. Enjoy the ease of quick pickups, lower fares, and a user-friendly app designed to make your travels smoother. Start riding today!
  • FluidAI Medical — Real-Time Monitoring for Anastomotic Leaks with Origin, by FluidAI. Early data shows FluidAI's Origin can detect leaks an average of 1.6 days earlier.
  • Novel Biotechnology — Novel Biotechnology is building high-throughput bacterial platforms for the biotech industry, with a focus on plasmid DNA manufacturing.
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Clean Energy Venture Group
VC Fund · Brookline, Massachusetts, United States · 1 investments in Canada Clean Energy startups

CEVG is an angel investor collective that invest in and mentors early-stage cleantech and climatetech startups across North America.

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Investment focus

  • Industry: Energy, Renewable Energy, Manufacturing
  • Stage:Seed, Series A
  • Geography: United States, Canada

Investor stats

  • Total investments: 68
  • Round size: Seed $1M–$5.6M; Series A $2M–$11M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: May invest from a new fund soon — raised $108M in 2019

Portfolio highlights

  • PeelON — At PeelON, we're passionate about freshness, sustainability, and innovation. Our mission is to revolutionize the packaging industry by offering biodegradable solutions that keep produce fresher for longer while minimizing environmental impact. With PeelON, you can trust that your fruits and vegetables stay crisp, delicious, and planet-friendly. Join us in our journey towards a fresher, greener future. - Biodegradable covers - food packaging - biodegradable food packing - fresh fruit covers
  • Queens Carbon — Queens Carbon is working on a processing system that will dramatically cut energy use. The system minimizes calcination and material synthesis energy consumption, allowing for low-cost carbon capture and carbon-neutral cement manufacture.
  • Electrified Thermal Solutions — Electrified Thermal Solutions, Inc. is developing the Joule Hive: a new energy storage technology that converts surplus zero-carbon electricity into heat.
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SOSV
VC Fund · Princeton, New Jersey, United States · 1 investments in Canada Clean Energy startups, 75 in the past 12 months

SOSV is a global, deep tech venture capital firm that operates the HAX and IndieBio startup development programs focused on human and planetary health. SOSV invests $500,000 in startups at their inception as they onboard either HAX or IndieBio for a 4-6 month period designed to accelerate the raise of their next institutional round. SOSV joins thelater rounds of HAX and IndieBio graduates. HAX, based in a 35,000 sq ft facility in Newark, NJ, is equipped with machine tools, 3D printers, chemical, electrical and mechanical engineering labs, as well as on-staff engineering and design experts. SOSV's IndieBio has locations in NYC and San Francisco, both of which offer extensive services and facilities to founders including on-site BSL-2 labs, well equipped lab benches and hoods, and advanced lab equipment, such as chromatography equipment.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 1482
  • Lead/follow: no public data

Portfolio highlights

  • MixRift — MIXRIFT - game developers specialized in Mixed Reality
  • unspun — From 3D scan to perfect fitting custom jeans. unspun makes each pair of jeans unique to your actual body and design. On a mission to reduce global carbon emissions by 1%. As seen in Fast Company's World Changing Ideas, Time's Best Inventions, and PopSci's Best of What's New. Welcome to the future of apparel.
  • Mesa Quantum — Unlock the potential of chip-scale quantum sensing for enhanced Position, Navigation, And Timing capabilities. Explore Mesa Quantum's practical solutions.
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Ferst Capital Partners - FCP
VC Fund · Montréal, Quebec, Canada · 1 investments in Canada Clean Energy startups

Ferst Capital Partners (FCP) is a private investment firm which invests in venture capital, private equity, public markets, sector-focused funds and crypto assets. We have an interest and expertise in consumer fintech, digital assets and search funds.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Seed, Series A
  • Geography: Canada, United States, Germany

Investor stats

  • Total investments: 21
  • Lead/follow: no public data

Portfolio highlights

  • auticon — auticon is the first German company to exclusively employ autistic people as software testers and offer their services (Software-Tests) on the free market. This innovative approach gives the client the advantage of special high-quality workmanship.
  • NorthOne — NorthOne is an online Business Account with built-in features to make business banking fast and easy. No overdraft fees. No minimum balance. No hidden fees.
  • Moka — Moka helps you save effortlessly by automatically investing your spare change. Get started in just a few minutes and watch your money grow with every purchase you make. Save more, spend less and invest smarter with Moka.
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Good & Well
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada Clean Energy startups

Good & Well is an investment firm partnering with early-stage social purpose businesses. The firm provides equity investments and strategic advice, operational support, and a network of inspiring and like-minded entrepreneurs to founders. It was established in Toronto, Ontario in 2014.

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Investment focus

  • Industry: E-Commerce, Retail, Health Care
  • Stage:Seed, Pre-Seed
  • Geography: Canada, Kenya, United States

Investor stats

  • Total investments: 21
  • Round size: Seed $1M–$4.1M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Ulula — Get real-time social, labor and human rights insights across supply chains directly from workers and communities anywhere in the world.
  • Friendlier — Friendlier aims to reduce single-use plastic waste generated by disposable food packaging. We provide businesses with reusable plastic cups and containers, and take care of delivery, pick-up, and washing.
  • Common Wealth — Common Wealth is a digital platform that provides retirement planning services.
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Rhiza Capital / Sunshine Coast Venture Partners
VC Fund · 1 investments in Canada Clean Energy startups

Rhiza is a social impact fund whos focus is on building communities- connecting community to opportunity

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Investment focus

  • Industry: SaaS, GovTech, Politics
  • Stage:Seed
  • Geography: Canada

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • New/Mode — New/Mode is the multi-channel advocacy & civic engagement platform that organizations, campaigns & causes use to win. Join the New/Mode Community.
  • SHM Control — The SHM Controller is a patented low-cost smart wireless HVAC controller for buildings and offices that reduces average energy consumption by up to 30%. It also offers full remote access, control and...
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Antler
VC Fund · Singapore, Central Region, Singapore · 1 investments in Canada Clean Energy startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 2215
  • Round size: Seed $159k–$4.6M; Pre-Seed $100k–$645k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $72M in 2024

Portfolio highlights

  • iiba — Iiba is a geospatial platform that specializes in providing location information related to child-rearing.
  • Two — Buy Now, Pay Later for your business customers. Two makes it easy and safe to offer invoice as a payment method on your e-commerce site.
  • Homethings — Single-use plastic is bonkers. Homethings makes cleaning products that make sense. No more shipping water in plastic bottles. We send non toxic cleaning tabs so that you can refill over and over again using your tap.
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Bekaert
VC Fund · Zwevegem, West-Vlaanderen, Belgium · 1 investments in Canada Clean Energy startups

As a global market and technology leader in material science of steel wire transformation and coating technologies, Bekaert also applies its expertise beyond steel to create new solutions with innovative materials and services

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Investment focus

  • Industry: Manufacturing, Electronics, Advanced Materials
  • Stage:Series B, Series A, Series C
  • Geography: United States, Canada

Investor stats

  • Total investments: 6
  • Round size: Series B $16M–$17M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Ionomr — Ionomr designs & manufactures advanced ion-exchange polymers & membranes that enable high performance and efficiency in applications like water & wastewater treatment, hydrogen production and advanced energy storage.
  • iosil Energy — Iosil Energy Corporation produces "high purity polysilicon," the essential raw material for solar cells. The Corporation was founded in 2007, with its R&D facilities located in the National Institute for Nanotechnology In Edmonton, Alberta.The company has demonstrated its ability to produce high-purity solar grade polysilicon fromthe waste material (or “kerf”) created by wafer sawing operations, saving costs.
  • Pajarito Powder — Pajarito Powder develops advanced catalysts for fuel cells and electrolyzers, partnering with manufacturers to help optimize their systems
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Asahi Kasei
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Canada Clean Energy startups

Asahi Kasei's website providing information about our corporation, products, and R&D, as well as information for investors, CSR information, and news releas

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Investment focus

  • Industry: Health Care, Biotechnology, Therapeutics
  • Stage:Series C, Series B, Series A
  • Geography: United States, Japan, Canada

Investor stats

  • Total investments: 41
  • Round size: Series A $3.3M–$32M; Series B $7.7M–$48M; Series C $12M–$52M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • KEWAZO — The Startup KEWAZO offers LIFTBOT, a robotic material hoist which transports scaffolding parts on construction and industrial sites.
  • Rege Nephro — Rege Nephro is a biotech company that specialized in R&D, production and marketing of renal disease therapeutics.
  • Mangrove Lithium — Mangrove Lithium is a ground-breaking refining platform that redefines the industry standard for battery grade lithium refining
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Clean Energy VC funding in Canada at a glance

Stats across 148 deals from 166 investors.

166
investors
in Canada Clean Energy startups
148
deals
in Canada Clean Energy startups
$3.7M
median round
in Canada Clean Energy startups
55%
lead investors
lead at least one round
36%
Grant
most common funding stage

Access all 166 VC funds in Canada Clean Energy startups.

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