# Douglas Gray

> Douglas Gray is a seed investor at Northern Alberta Institute of Technology backing Lighting. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Northern Alberta Institute of Technology](https://shizune.co/investors/profile/southern-alberta-institute-of-technology)
- Location: Calgary, Canada
- Total investments: 1
- Last investment: Nov 2019
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://ca.linkedin.com/in/douglas-gray-2834bb14

Douglas Gray is a seed investor at Northern Alberta Institute of Technology in Calgary focused on Lighting and GreenTech. Douglas Gray is the Founder, President and CEO of Graycon Group Ltd. He is a recognized leader in the IT industry and often speaks on how to use IT to achieve business goals, protect the organization and add value to the people and the bottom line. He began Graycon in 1989, with a goal to shift IT from being technology focused to being an enablingfoundation of the business. Since Graycon’s beginnings, Douglas has led the company to support over 1,000 organizations, has gone public and then re-privatized and has built an steadfast IT firm that employs over 170 IT professionals. Graycon has grown to be the reliable and practical choice for IT Support and Solutions throughout Western Canada.While Douglas has a passionate vision around technology solutions that provide clear business value, he also holds an uncompromising commitment to both the Grayconians who have helped make his vision a reality, and to Graycon’s local communities. Graycon Karma, the belief in “do good things and good things happen”, plays a powerful, guiding role in the partnership between Graycon’s clients, staff and local charities. Graycon’s quarter century of success is based on passionate leadership, enabling management, spectacular people and a sincere belief in being part of the community and giving back.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Lighting | 1 | 100% |
| GreenTech | 1 | 100% |
| Electronics | 1 | 100% |
| Manufacturing | 1 | 100% |
| Sustainability | 1 | 100% |

6 industries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| G2V Optics | G2V's founding mission is to develop and commercialize technology that will enable food production for a growing population while significantly reducing fresh water and land use. We do this by improving yield, quality, and operating costs for commercial growers by providing efficient 'engineered sunlight'​. Our advanced technologyprovides greenhouses, vertical farms, and home growers with multi-zone lighting and plant monitoring, allowing a grower to keep tabs on their entire crop. We are obsessed with using new technology to make a difference and continue to develop some of the most dynamic and innovative new products for the horticulture market. | $1.4M | Seed | Nov 27, 2019 |  |

1 of 1 investments shown.

## Co-investors
- [Accelerate II Fund](https://shizune.co/investors/profile/accelerate-ii-fund) — VC Fund, 1 deal together
- [Bluesky Equities](https://shizune.co/investors/profile/bluesky-equities-ltd) — VC Fund, 1 deal together
- [Creative Destruction Lab](https://shizune.co/investors/profile/creative-destruction-lab) — VC Fund, 1 deal together
- [Radar Endeavour Group](https://shizune.co/investors/profile/radar-endeavour-group) — VC Fund, 1 deal together

## About Northern Alberta Institute of Technology

VC Fund · Calgary, Canada

A polytechnic is an innovative and entrepreneurial post-secondary institution, distinct from universities and colleges in that it offers a skill-focused approach to learning.From apprenticeships to baccalaureate degrees, full-time to part-time, polytechnic institutions offer a range of credentials in diverse program areas focused onexperience-oriented training. Multi-disciplined and industry responsive, polytechnic programs provide students with the required knowledge and skills for a rewarding career.Leaders in applied research and innovation, polytechnics work closely with industry, regional and local organizations and community partners, providing access to leading-edge knowledge, skill and resources. Canada's polytechnics also offer diverse industry training products to corporations across the country and around the world.SAIT is a member of Polytechnics Canada, a national alliance of leading research-intensive, publicly-funded colleges and institutes of technology dedicated to helping colleges and industry create high-quality jobs for the future.

5 contacts available at Northern Alberta Institute of Technology.

| Name | Title | Profile |
| --- | --- | --- |
| David G Ross | President & CEO | https://shizune.co/investors/profile/david-g-ross |
| Douglas Gray | Advisor, SADT | https://shizune.co/investors/profile/douglas-gray |
| Mark Butler | Associate VP | https://shizune.co/investors/profile/mark-butler-b61f |
| Michael Barr | Chief Information Officer | https://shizune.co/investors/profile/michael-barr-9012 |
| Robin Solonenko | Microsoft Trainer | https://shizune.co/investors/profile/robin-solonenko |

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## FAQ

### What does Douglas Gray invest in?

Douglas Gray invests primarily in Lighting, GreenTech and Electronics startups, most often at Seed stage. Most of the 1 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Douglas Gray last invest?

The most recent investment recorded for Douglas Gray closed in Nov 2019. Shizune tracks 1 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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