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

The most active venture capital funds investing in Canada Renewable Energy startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Canada Renewable 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
Export Development Canada
VC Fund
7 Canada, United States, United Kingdom Series B, Series A Software, Manufacturing, Renewable Energy $3.5M–$50M
Sustainable Development Technology Canada
VC Fund
7 Canada, United States, Brazil Grant, Seed, Pre-Seed Manufacturing, Energy, Software $70k–$6.2M
New Brunswick Innovation Foundation
VC Fund
7 Canada, United States Seed, Pre-Seed Software, Information Technology, Artificial Intelligence $35k–$2.2M
Pallasite Ventures
VC Fund
5 Canada, United States Seed, Series A, Series B Software, Health Care, Biotechnology $988k–$115M
Natural Gas Innovation Fund
VC Fund
5 Canada, United States Grant, Series A Oil and Gas, Renewable Energy, Energy $91k–$62M
Innovacorp
VC Fund
5 Canada, Australia, United States Seed, Grant, Pre-Seed Software, Information Technology, Health Care $18k–$3.3M
Active Impact Investments
VC Fund
5 United States, Canada Seed, Series A, Pre-Seed Software, SaaS, CleanTech $386k–$38M
Atlantic Canada Opportunities Agency
VC Fund
4 Canada, United States, France Grant, Debt Financing, Seed Software, Manufacturing, Health Care $25k–$2M
Capital Angel Network
VC Fund
4 Canada, United States Seed, Angel Software, SaaS, Information Technology $10k–$5M
Version One Ventures
VC Fund
4 United States, Canada, United Kingdom Seed, Series A, Series B Software, Internet, Blockchain $1.5M–$55M
Chrysalix Venture Capital
VC Fund
4 United States, Canada, The Netherlands Series B, Series A Energy, Manufacturing, CleanTech $2M–$24M
BDC Capital Cleantech Practice
VC Fund
4 Canada, United States Venture - Series Unknown, Series A Renewable Energy, Manufacturing, Energy $3.6M–$151M
BDC Venture Capital
VC Fund
4 Canada, United States, Japan Series A, Seed Software, Information Technology, Artificial Intelligence $600k–$20M
MUUS
VC Fund
3 United States, Canada, Israel Series A, Seed Software, Artificial Intelligence, Energy $4k–$27M
MCJ
VC Fund
3 United States, United Kingdom, Kenya Seed, Series A, Series B Renewable Energy, Energy, Software $2.6M–$150M
Anges Quebec
VC Fund
3 Canada, Spain, United States Seed, Angel Software, Health Care, Artificial Intelligence $366k–$3.4M
Ontario Centres of Excellence
VC Fund
3 Canada, United States Seed, Grant, Pre-Seed Software, Information Technology, Health Care
Fika Ventures
VC Fund
3 United States, Canada, South Korea Seed, Series A, Series B Software, Information Technology, Financial Services $2M–$55M
NBIF’s Venture Capital Fund
VC Fund
3 Canada, United States Seed, Pre-Seed Software, Information Technology, Machine Learning $25k–$779k
VantagePoint Capital Partners
VC Fund
3 United States, Canada, Sweden Series B, Series C Software, Manufacturing, Internet $6M–$111M
MaRS Investment Accelerator Fund
VC Fund
3 Canada, United States Seed, Pre-Seed, Series A Software, Health Care, Artificial Intelligence $368k–$14M
Earth Foundry
VC Fund
3 United States, Canada Seed, Series A, Series B Energy, Software, Analytics $750k–$155M
National Research Council Canada
VC Fund
3 Canada, United Kingdom Grant, Pre-Seed, Seed Software, Health Care, Artificial Intelligence $36k–$828k
New Climate Ventures
VC Fund
3 United States, China, Canada Seed, Series A, Pre-Seed Manufacturing, Renewable Energy, Chemical $1.1M–$30M
Business Development Bank of Canada
VC Fund
3 Canada, United States, Argentina Seed, Series A Software, Information Technology, Manufacturing $275k–$16M
Canadian Shield Capital
VC Fund
3 Canada, United States Private Equity, Seed, Series A Mining, Energy, CleanTech
Chevron Technology Ventures
VC Fund
3 United States, United Kingdom, Canada Series A, Series B, Series C Energy, Software, Manufacturing $4.8M–$115M
Shell Ventures
VC Fund
3 United States, United Kingdom, India Series A, Series B Energy, Renewable Energy, Software $2.8M–$126M
ACT Venture Partners
VC Fund
3 Turkey, United States, United Kingdom Seed, Series A, Convertible Note Software, Artificial Intelligence, Biotechnology $345k–$9.5M
ArcTern Ventures
VC Fund
3 Canada, United States, United Kingdom Series B, Series A, Seed Energy, Software, Renewable Energy $2.8M–$53M
The 51 Ventures
VC Fund
3 Canada, United States Seed, Grant, Pre-Seed Software, Health Care, Information Technology $677k–$4.2M
WUTIF
VC Fund
3 Canada Seed, Pre-Seed, Series A Software, Health Care, Biotechnology $100k–$3.8M
GroundBreak Ventures
VC Fund
2 Canada, United States, United Kingdom Seed, Series A, Pre-Seed Software, Real Estate, SaaS $530k–$13M
Government of Alberta
VC Fund
2 Canada, United States Grant, Seed, Pre-Seed Energy, Medical, Internet $175k–$5M
SaskWorks Venture Fund
VC Fund
2 Canada, United States Seed, Post-IPO Equity Oil and Gas, Energy, Manufacturing $931k–$5.8M
Sensata Technologies
VC Fund
2 Canada, United States Series A, Series B, Series C CleanTech, Automotive, Internet of Things $4M–$8.8M
Investeco Capital
VC Fund
2 Canada, United States, Portugal Seed, Series A Food and Beverage, Organic Food, Manufacturing $250k–$14M
High Park Angels
VC Fund
2 Canada, United States Pre-Seed, Seed, Angel Software, Information Technology, Artificial Intelligence $120k–$3M
Prelude Ventures
VC Fund
2 United States, Canada Series A, Series B, Series C Software, Energy, Manufacturing
IBI Group
VC Fund
2 Canada Pre-Seed, Series A Energy, CleanTech, Electric Vehicle
Red Thread Ventures
VC Fund
2 Canada, Israel Seed, Pre-Seed, Angel Health Care, E-Commerce, Software $23k–$3.5M
Pacific Economic Development Canada
VC Fund
2 Canada, United States, Spain Grant, Debt Financing, Venture - Series Unknown Non Profit, Manufacturing, Health Care $100k–$4.9M
Evok Innovations
VC Fund
2 Canada, United States, Israel Series A, Seed, Series B Energy, Chemical, Oil and Gas $2.5M–$58M
United Airlines
VC Fund
2 United States, Canada, Brazil Venture - Series Unknown, Series A, Series B Aerospace, CleanTech, Manufacturing $20M–$107M
The Atmospheric Fund (TAF)
VC Fund
2 Canada Seed, Series A, Convertible Note Electric Vehicle, Energy, Software
FedDev
VC Fund
2 Canada, United States Grant, Debt Financing, Seed Software, Manufacturing, Information Technology $24k–$5M
VA Angels
VC Fund
2 Canada, United States, India Seed, Debt Financing Health Care, Software, Information Technology $110k–$1.5M
Finindus
VC Fund
2 Belgium, United States, Sweden Series A, Seed Manufacturing, Industrial, Renewable Energy $1.3M–$27M
Fonds de solidarité FTQ
VC Fund
2 Canada, United States, Israel Series A, Series B Manufacturing, Biotechnology, Software $6M–$75M
Cycle Capital
VC Fund
2 Canada, United States, Germany Series B, Seed Manufacturing, Energy, Electronics $55k–$27M
Access all 596 VC funds in Canada Renewable Energy startups.

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

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Investor list

Export Development Canada
VC Fund · Ottawa, Ontario, Canada · 7 investments in Canada Renewable 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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Sustainable Development Technology Canada
VC Fund · Ottawa, Ontario, Canada · 7 investments in Canada Renewable Energy startups

At Sustainable Development Technology Canada (SDTC), they fund Canadian cleantech projects and coach the companies that lead them as they move their ground-breaking technologies to market.SDTC’s support of cleantech translates into jobs, growth, and export opportunities for Canadian companies, as well as economic, environmental and healthbenefits for all Canadians. They are independent but don’t work alone. A big part of their role is building and sustaining networks of partners and stakeholders from private industry, academia and governments, at home and abroad. They operate at arm’s length and receive funding from the Government of Canada.

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Investment focus

  • Industry: Manufacturing, Energy, Software
  • Stage:Grant, Seed, Pre-Seed
  • Geography: Canada, United States, Brazil

Investor stats

  • Total investments: 197
  • Round size: Seed $70k–$2.9M; Grant $600k–$6.2M; Pre-Seed $475k–$1.6M
  • Lead/follow: 76% lead, 24% follow

Portfolio highlights

  • Niricson — Niricson develops an AI-based predictive analytics SaaS platform for infrastructure asset management. Its AUTOSPEX platform and DRONIC provide asset managers and civil engineers critical insights and multi-defect layer visualization for the current condition of their assets.
  • Solaires Entreprises Inc — Solaires Entreprises Inc is a Canadian cleantech company located in Victoria, BC, that consists of a team of 23 scientists, engineers, and business professionals. Solaires is focused on developing the next generation of solar cells by replacing silicon with perovskite through an innovative and sustainable manufacturing process resulting inaffordable solar photovoltaics with higher energy conversion efficiency.
  • Progressive Planet Solutions — Progressive Planet Solutions Inc is a metal/mineral based company that deals with the exploration & development of zeolite minerals.
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New Brunswick Innovation Foundation
VC Fund · Fredericton, New Brunswick, Canada · 7 investments in Canada Renewable Energy startups, 9 in the past 12 months

Director of Investments Every half-year, the Canadian Venture Capital Association (CVCA) reports on the status of venture capital investment in Canada, and the 2021-H1 edition is impressive.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: Canada, United States

Investor stats

  • Total investments: 144
  • Round size: Seed $50k–$2.2M; Pre-Seed $35k–$779k
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Picketa Systems — Picketa Systems equips agribusinesses with Analysis Stations to perform plant tissue analysis in seconds
  • East Coast Innovation — Precision engineered, patent pending SmoothMove Smart Funnel - exciting new fish loading technology. Simple & low cost.
  • Elle, MD Biotechnologies — Your terms. Your body. Just Livv.
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Pallasite Ventures
VC Fund · Chicago, Illinois, United States · 5 investments in Canada Renewable 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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Natural Gas Innovation Fund
VC Fund · Ottawa, Ontario, Canada · 5 investments in Canada Renewable 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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Innovacorp
VC Fund · Halifax, Nova Scotia, Canada · 5 investments in Canada Renewable 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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Active Impact Investments
VC Fund · North Vancouver, British Columbia, Canada · 5 investments in Canada Renewable 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: 62
  • Round size: Seed $797k–$9.5M; Pre-Seed $386k–$2M; Series A $6.4M–$38M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $51M in 2023

Portfolio highlights

  • Piq Energy — Connect to the grid faster with Piq. Piq is the only software platform that lets renewable-energy and data-center developers take control of all stages of grid studies and run on-demand scenarios, all with the latest models and queue updates.
  • Gritt Robotics — Gritt is an intelligent system that combines robotics and AI to build the infrastructure that pulls society forward. Doing real work on real jobsites, today.
  • 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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Atlantic Canada Opportunities Agency
VC Fund · Moncton, New Brunswick, Canada · 4 investments in Canada Renewable Energy startups, 65 in the past 12 months

The Atlantic Canada Opportunities Agency works to create opportunities for economic growth in Atlantic Canada by helping businesses become more competitive, innovative and productive, by working with diverse communities to develop and diversify local economies, and by championing the strengths of Atlantic Canada. Together, with Atlantic Canadians,we are building a stronger economy.

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Investment focus

  • Industry: Software, Manufacturing, Health Care
  • Stage:Grant, Debt Financing, Seed
  • Geography: Canada, United States, France

Investor stats

  • Total investments: 210
  • Round size: Seed $25k–$2M; Grant $33k–$2M; Debt Financing $141k–$1.1M
  • Lead/follow: 82% lead, 18% follow

Portfolio highlights

  • Site 20/20 — Site 20/20 is a leading smart traffic control company providing advanced traffic management services. Enhance road safety with innovative traffic solutions.
  • IGNITE — Ignite is the leading economic development agency for the Capital Region of New Brunswick. From start-up to succession, Ignite offers tailored mentoring, skills development opportunities and access to a network of support tools for business success across our regions.
  • PEI BioAlliance — PEI BioAlliance is a not-for-profit organization committed to the advancement of the bioscience industry. The BioAlliance has aided businesses, academic and research institutions, and federal and provincial government agencies in establishing the bioscience sector as a critical pillar in the province's and Atlantic Canada's economicfoundation. It facilitates the use of new technology through research and assists in the identification of new commercial opportunities. The PEI BioAlliance leads the Cluster of business, academic, research, and government organizations committed to increasing the economic impact of the bioscience sector in Prince Edward Island.
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Capital Angel Network
VC Fund · Ottawa, Ontario, Canada · 4 investments in Canada Renewable Energy startups

Our goal is to build the region's entrepreneurial community, to make the region the best place to start a business and to facilitate access to investment opportunities for qualified investors.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Angel
  • Geography: Canada, United States

Investor stats

  • Total investments: 98
  • Round size: Seed $183k–$5M; Angel $10k–$2M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Xatoms — At Xatoms, we clean water with Quantum Chemistry and AI, revolutionizing water purification for communities worldwide. Our innovative approach rapidly identifies new, sustainable materials to remove harmful pollutants and pathogens. We aim to alleviate the burden on women and girls in underrepresented communities, transforming the global landscape of water accessibility and empowering a more equitable world. Xatoms is at the forefront of combining scientific innovation with social change.
  • RainStick — The RainStick shower is a recirculating shower that saves 80% energy and 80% water but still feels like a luxurious shower.
  • Afynia Laboratories — #FemTech startup developing fast, easy-to-use products to fill current gaps in #womenshealth-- starting with at-home testing for #endometriosis.
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Version One Ventures
VC Fund · Vancouver, British Columbia, Canada · 4 investments in Canada Renewable Energy startups

Version One Ventures backs mission-driven founders at the earliest stages. Full thesis here: https://versionone.vc/updated-thesis/

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Investment focus

  • Industry: Software, Internet, Blockchain
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 158
  • Round size: Seed $1.5M–$5.7M; Series A $4M–$22M; Series B $8M–$55M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Roost — Founded in early 2019 and based in Toronto, Roost is building the ultimate end-to-end rental platform to make long-term renting as streamlined as booking a hotel. Focused on Gen Z and Millennial renters, we're leveraging data and hyper-personalization to create innovative real estate and financial technology products to empower the moderntenant and landlord to rent better.We're backed by leading venture capital firms including Version One Ventures, Panache Ventures, and Union Capital, as well as several angel investors including the co-founder of Dayforce and a former executive at Uber.We’re passionate about technology and its impacts on the real world and envision a future where home is never more than a few clicks away. Let's help the world rent better - join us!
  • Pilot Protocol — Network OS for AI Agents
  • Arctus Aerospace — We build unmanned airplanes for zero infrastructure earth observation. We fly at 45,000 feet for 24 hours at a go.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Chrysalix Venture Capital
VC Fund · Vancouver, British Columbia, Canada · 4 investments in Canada Renewable Energy startups

Leading global venture capital fund that invests in resource intensive industries across North America and Europe.

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Investment focus

  • Industry: Energy, Manufacturing, CleanTech
  • Stage:Series B, Series A
  • Geography: United States, Canada, The Netherlands

Investor stats

  • Total investments: 107
  • Round size: Series A $2M–$16M; Series B $5.4M–$24M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Luffy AI — Discover Luffy AI's Neuroplastic AI for rapid, adaptive industrial control in robotics, drives, automotive, and more. Enhance system performance and reduce calibration needs. Replace or complement PID loops with Adaptive Control for your Physical AI usecase.
  • Geopyörä Oy — Geopyörä is the state of the art in rock breakage characterization testing and it was developed to allow mining companies to test several samples at low cost for geometallurgical, comminution design and control applications
  • Rithmik Solutions — We increase uptime in mines with advanced analytics that optimize maintenance and extend equipment life.
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BDC Capital Cleantech Practice
VC Fund · Calgary, Alberta, Canada · 4 investments in Canada Renewable 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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BDC Venture Capital
VC Fund · Calgary, Alberta, Canada · 4 investments in Canada Renewable Energy startups

BDC Venture Capital is a major venture capital investor in Canada, active at every stage of the company's development cycle, from seed through expansion, with a focus on technology-based businesses that have high growth potential and that are positioned to become dominant players in their markets. The company helps create and develop strongCanadian businesses through financing, consulting services and securitization, with a focus on small and medium-sized enterprises.BDC Venture Capital has been involved in venture capital since 1975 and has to date invested in more than 400 companies involved in the areas of Life Sciences, Telecommunications, Information Technology and Advanced Technologies.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Seed
  • Geography: Canada, United States, Japan

Investor stats

  • Total investments: 440
  • Round size: Seed $600k–$5M; Series A $3.3M–$20M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • WhatsNexx — Sujintoto adalah situs slot online yang memberikan pelayanan deposit yang sat set dan withdraw cepet selama 24 jam
  • Optosecurity — PAX CHECKPOINT combines automated screening lanes with a screening software to create a fully integrated checkpoint solution.
  • D-Wave Quantum — D-Wave is the leader in the development and delivery of quantum computing systems, software, and services.
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MUUS
VC Fund · New York, New York, United States · 3 investments in Canada Renewable Energy startups

MUUS is the home of the investment, philanthropic, and creative endeavors of Tiger 21 founder Michael Sonnenfeldt. We invest in a bolder, more sustainable future..

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Investment focus

  • Industry: Software, Artificial Intelligence, Energy
  • Stage:Series A, Seed
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 31
  • Round size: Seed $4k–$27M; Series A $3.9M–$22M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: Likely still investing — fund raised in 2023

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.
  • Cache Energy — Cache Energy is developing energy storage technology that is non-toxic, non-flammable, and a fire retardant for easy transportation.
  • Sensera Systems — Sensera Systems designs and manufactures real-time jobsite intelligence solutions to owners, GCs, and municipalities. Its patented solar/wireless IoT solutions lead the market and have earned the business of more than 1000 General Contractors in construction and over 100 leading municipalities across the U.S. and Canada. Learn more atwww.senserasystems.com
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MCJ
VC Fund · Boston, Massachusetts, United States · 3 investments in Canada Renewable Energy startups

MCJ backs extraordinary founders driving the transition of energy and industry and tackling the inevitable impacts of climate change. We discover and invest in startups rewriting industries to be cleaner, more profitable and more resilient. We strengthen our investments through the MCJ Collective — a vetted member network that connects talentedtech and industrial leaders with our portfolio and with one another. Our media platform including the Inevitable podcast spotlights key perspectives critical to our portfolio and the transition at large, reaching tens of thousands of professionals multiple times per week. Learn more at mcj.vc

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Investment focus

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

Investor stats

  • Total investments: 81
  • Round size: Seed $2.6M–$11M; Series A $8M–$35M; Series B $24M–$150M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • LGND — We make Earth data accessible and useful for people and AI.
  • Aalo Atomics — Creating abundant and dependable clean energy to power humanity for generations.
  • Euclid Power — Development, diligence, execution, and asset management tools for renewables projects.
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Anges Quebec
VC Fund · Quebec, Quebec, Canada · 3 investments in Canada Renewable Energy startups

Value-added investors for innovative entrepreneurs.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Seed, Angel
  • Geography: Canada, Spain, United States

Investor stats

  • Total investments: 166
  • Round size: Seed $860k–$3.4M; Angel $366k–$1.3M
  • 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!
  • DropGenie — DropGenie is building connected hardware to automate gene editing. They are accelerating the pace of discovery through the generation of standardized and compatible scientific information.
  • Solving.AI — Solving.AI is an AI training platform that helps in solving business software adoption issues.
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Ontario Centres of Excellence
VC Fund · Toronto, Ontario, Canada · 3 investments in Canada Renewable 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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Fika Ventures
VC Fund · Los Angeles, California, United States · 3 investments in Canada Renewable Energy startups

Investing in subject matter experts using their earned insight to shape the future of their industries. We lead with our values and build trust through action.

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Investment focus

  • Industry: Software, Information Technology, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, South Korea

Investor stats

  • Total investments: 139
  • Round size: Seed $2M–$10M; Series A $8M–$30M; Series B $20M–$55M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • SubBase — Enhance and optimize your procurement workflows with SubBase. Transparent and effective management across your procurement process. Sign up for our demo.
  • Upwards — Every day, Upwards matches thousands of families with daycares, nannies, babysitters, preschools, and caregivers that provide safe, affordable, high-quality child care.
  • Allocate — Allocate is the operating system for private market alternatives investing
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NBIF’s Venture Capital Fund
VC Fund · Fredericton, New Brunswick, Canada · 3 investments in Canada Renewable Energy startups

Our Venture Capital Fund provides New Brunswick start-ups with the seed investment they need to rapidly grow and delivery their products to customers.

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Investment focus

  • Industry: Software, Information Technology, Machine Learning
  • Stage:Seed, Pre-Seed
  • Geography: Canada, United States

Investor stats

  • Total investments: 14
  • Round size: Seed $25k–$512k; Pre-Seed $41k–$779k
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • CareerBeacon — Find new job opportunities across Canada on CareerBeacon. Browse through thousands of job openings from leading employers. Find your ideal fit today.
  • Sonrai Security — Secure cloud and enterprise privileged access with IAM solutions and identity security tools that protect users and data while helping teams deploy faster. Request a demo today.
  • Drinkable — At Drinkable we're passionate about water autonomy. We believe everyone has the right to know what's in their water, so they have the agency to manage their own risks. We've harnessed that passion into the worlds first effortless, affordable, and accurate handheld testing device, that detects drinking water contamination with thepress of a button. With a simple thumbs up/down display you'll know within seconds if your water requires further attention. You can pair our device with your smart phone to receive an expanded contamination report, risk profile, and a treatment plan that's tailored just for you.
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VantagePoint Capital Partners
VC Fund · San Bruno, California, United States · 3 investments in Canada Renewable Energy startups

VantagePoint Capital Partners (formerly VantagePoint Venture Partners, until 2011) has more than $4.5 billion in capital under management and invests in the cleantech, healthcare, and IT sectors.

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Investment focus

  • Industry: Software, Manufacturing, Internet
  • Stage:Series B, Series C
  • Geography: United States, Canada, Sweden

Investor stats

  • Total investments: 182
  • Round size: Series B $6M–$40M; Series C $9M–$111M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2010

Portfolio highlights

  • Pica8 — Pica8 delivers advanced software-defined networking (SDN) solutions for data centers and large enterprises.
  • TerraVia — Solazyme is a synthetic biology company that specializes in converting algal biomass into biofuels. Solazyme not only creates biofuels for the the transportation industry, but is experimenting with ways to tailor its products for the cosmetic and food industries.
  • IntelePeer — With IntelePeer's conversational ai platform, you'll increase revenue, improve customer interactions & make better business decisions.
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MaRS Investment Accelerator Fund
VC Fund · Toronto, Ontario, Canada · 3 investments in Canada Renewable 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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Earth Foundry
VC Fund · Chicago, Illinois, United States · 3 investments in Canada Renewable 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 A, Series B
  • Geography: United States, Canada

Investor stats

  • Total investments: 35
  • Round size: Seed $750k–$155M; Series A $3.9M–$25M; Series B $16M–$33M
  • Lead/follow: 40% lead, 60% follow

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.
  • Oxylus Energy — Oxylus Energy provides new carbon utilization technology for the generation of e-fuels It strives to make CO2 capture and conversion competitive, scalable, and circular for a decarbonized future.
  • Atlas Data Storage — AtlasBase unites silicon precision with synthetic DNA to deliver zero-energy, century-long molecular data storage and million-way parallel computing.
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National Research Council Canada
VC Fund · Ottawa, Ontario, Canada · 3 investments in Canada Renewable Energy startups

NRC is the Government of Canada's leading resource for research, development and technology-based innovation. NRC comprises some 20 institutes and national programs, spanning a wide variety of disciplines and offering a broad array of services.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Grant, Pre-Seed, Seed
  • Geography: Canada, United Kingdom

Investor stats

  • Total investments: 61
  • Round size: Grant $36k–$705k; Pre-Seed $47k–$828k
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Carbicrete — CarbiCrete is a carbon removal technology company that enables the production of cement-free, decarbonized concrete.
  • Compute Everything — Revolutionary finite temperature impurity solvers using tensor accelerated classical compute methods for energy, battery, oil & gas, materials, and drug discovery.
  • PlasCred Circular Innovations — PlasCred operates industrial-scale advanced recycling facilities converting plastic waste into refined hydrocarbon condensate. CN Rail logistics. Palantir AI optimization. CSE: PLAS | FSE: XV2.
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New Climate Ventures
VC Fund · Houston, Texas, United States · 3 investments in Canada Renewable Energy startups, 7 in the past 12 months

New Climate Ventures is an early-stage venture capital firm investing in innovative carbon reduction and avoidance technology companies. We take an active and diversified investment approach that leverages our energy, food/ag tech, climate tech, traditional tech, finance, regulatory, market analysis, and investing experience. At New ClimateVentures, we partner with entrepreneurs to navigate the early stages of company development and growth by applying our operational, investment, team-building, and mentoring experience and providing access to our global network of investors, startups, and corporations to help founders achieve success.

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Investment focus

  • Industry: Manufacturing, Renewable Energy, Chemical
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, China, Canada

Investor stats

  • Total investments: 34
  • Round size: Seed $1.1M–$15M; Pre-Seed $2M–$5.6M; Series A $3.9M–$30M
  • Lead/follow: 12% lead, 88% follow

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.
  • Piq Energy — Connect to the grid faster with Piq. Piq is the only software platform that lets renewable-energy and data-center developers take control of all stages of grid studies and run on-demand scenarios, all with the latest models and queue updates.
  • FAST Metals — FAST Metals is focused on developing innovative methods for the recovery and production of a range of valuable metals, including iron, aluminum, scandium, titanium, and rare earth elements.
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Business Development Bank of Canada
VC Fund · Montréal, Quebec, Canada · 3 investments in Canada Renewable Energy startups

We are BDC, the bank for Canadian entrepreneurs. We support small and medium-sized businesses in all industries and at every stage of growth with money and advice. We are the Business Development Bank of Canada.

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Seed, Series A
  • Geography: Canada, United States, Argentina

Investor stats

  • Total investments: 294
  • Round size: Seed $275k–$5M; Series A $4M–$16M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Arolytics — Build, manage, and execute the most efficient emissions management program custom to your oil and gas operations.
  • SpherePlay — SpherePlay creates, delivers, and monetizes VR experiences across all platforms. Its solution is a suite of VR media players that enables broadcasters, publishers and commercial content distributors to integrate virtual reality experiences to their existing media distribution workflow via their own apps and websites.The company was founded in2014 and is headquartered in Montréal, Quebec.
  • Spring Loaded Technology — Breakthrough spring technology has delivered the world's first and only knee brace that can reduce pressure across the entire joint and power the legs.
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Canadian Shield Capital
VC Fund · Toronto, Ontario, Canada · 3 investments in Canada Renewable Energy startups

Boutique Private Equity Firm

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Investment focus

  • Industry: Mining, Energy, CleanTech
  • Stage:Private Equity, Seed, Series A
  • Geography: Canada, United States

Investor stats

  • Total investments: 9
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • DGI Geoscience — Leaders in geological data collection, interpretation and integration. Multidisciplinary analysis maximizes the investment in drilling. Data with a purpose.
  • KORE Geosystems — Supercharge your core logging with KORE Spector Geo and Spector.AI empower geologists to enhance productivity, maintain consistency, and foster collaboration. Learn more KORE Solutions Digital Core Logging AI Image Management Imaging Book a demo SPECTOR OPTICS Rapid, high resolution, imaging SPECTOR GEO Digital core logging software SPECTOR AI Consistent, AI powered logging SERVICES Core Logging services REDUCTION
  • Noveon Magnetics — Urban Mining Company develops a proprietary Magnet-to-Magnetärecycling process. UMC’s magnets are ideal for motor and other applications, where magnetic performance at elevated temperatures is important and can supply magnetic property data on request. It was founded in 2014 and headquartered in Austin, Texas.
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Chevron Technology Ventures
VC Fund · Houston, Texas, United States · 3 investments in Canada Renewable 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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Shell Ventures
VC Fund · Rijswijk, Zuid-Holland, The Netherlands · 3 investments in Canada Renewable 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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ACT Venture Partners
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 3 investments in Canada Renewable Energy startups

Early stage deep tech investor

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Investment focus

  • Industry: Software, Artificial Intelligence, Biotechnology
  • Stage:Seed, Series A, Convertible Note
  • Geography: Turkey, United States, United Kingdom

Investor stats

  • Total investments: 42
  • Round size: Seed $345k–$3.2M; Series A $2.4M–$9.5M; Convertible Note $987k–$1.3M
  • Lead/follow: 69% lead, 31% follow
  • Last fund: May invest from a new fund soon — raised $29M in 2015

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.
  • Qubitrium — We offer advanced quantum technology solutions in cryptography, communication, and sensing. We develop and produce cutting-edge quantum products and provide services to integrate these technologies into industrial organizations.
  • Cellbricks Therapeutics — Cellbricks offers plastic surgery and transplant medicine that rely on artificial materials devoid of physiological functions or immunosuppressive transplants from human and animal sources. It offers the bio-fabrication of human tissue and organs, a widespread medical procedure that enables people to live longer and in better condition.
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ArcTern Ventures
VC Fund · Toronto, Ontario, Canada · 3 investments in Canada Renewable Energy startups

ArcTern Ventures is a venture capital fund that provides early-stage capital to cleantech companies.The privately-backed venture capital fund provides early-stage capital to companies developing breakthrough ideas in the cleantech sector. The Fund has developed a unique early-stage investment model through its partnership with MaRS, one of thelargest innovation centers in the world.

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Investment focus

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

Investor stats

  • Total investments: 64
  • Round size: Seed $2.8M–$13M; Series A $4M–$22M; Series B $5.1M–$53M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $335M in 2023

Portfolio highlights

  • Hyperlume — Credo delivers high-speed, energy-efficient connectivity solutions powering AI, cloud computing, and hyperscale networks up to 1.6T.
  • Muon Space — Earth intelligence for a Safe and Resilient World.
  • Normal Computing — Normal Computing was founded by former members of the Google Brain Team, Palantir, and X who unlocked AI for some of the largest-scale and most mission-critical production systems, and the industry leading ML frameworks for Probabilistic and Quantum AI.
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The 51 Ventures
VC Fund · Calgary, Alberta, Canada · 3 investments in Canada Renewable Energy startups

Women-powered capital building the Financial Feminist Economy.

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Investment focus

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

Investor stats

  • Total investments: 59
  • Round size: Seed $731k–$4.2M; Pre-Seed $677k–$1.6M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • NLPatent — Accelerate productivity and uncover hidden insights with NLPatent's intuitive AI-powered patent research platform.
  • NiaHealth — Get advanced at-home biomarker testing, proactive healthspan diagnostics, and expert guidance to elevate your health. HSA-eligible.
  • Coral — Coral is a virtual care clinic that provides evidence-based, personalized support for perimenopause and menopause, weight loss and longevity.
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WUTIF
VC Fund · Vancouver, British Columbia, Canada · 3 investments in Canada Renewable 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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GroundBreak Ventures
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada Renewable Energy startups

GroundBreak Ventures™ is a property technology venture capital fund based out of Toronto and is focused on reimagining how and where people live and work. We invest in companies as early as ideation and provide both the capital and the domain expertise necessary to support the growth of our entrepreneurs, as well as the businesses they worktirelessly to build. Our goal is to invest in 5 – 10 emerging companies annually from around the world, with an emphasis on North America.

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Investment focus

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

Investor stats

  • Total investments: 38
  • Round size: Seed $1.1M–$4M; Pre-Seed $530k–$1.7M; Series A $4M–$13M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • CABN — Canadian builder of prefabricated, energy-efficient homes
  • Chexy — Let your rent elevate your lifestyle. Chexy is the new standard for paying rent. We believe that tenants should be able to pay rent digitally and flexibly while building credit and earning rewards.
  • Crewscope — Crewscope built the technology with crews on-site to be user-friendly and help motivate and retain construction crews with digital tools. They are proactive with regard to setting up pumps, protecting their work at night, and thinking about potential obstacles.
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Government of Alberta
VC Fund · Saint Albert, Alberta, Canada · 2 investments in Canada Renewable Energy startups

Find Alberta government services and information.

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Investment focus

  • Industry: Energy, Medical, Internet
  • Stage:Grant, Seed, Pre-Seed
  • Geography: Canada, United States

Investor stats

  • Total investments: 18
  • Round size: Grant $175k–$5M
  • Lead/follow: 72% lead, 28% follow

Portfolio highlights

  • Teledyne MEMS — Teledyne MEMS specializes in micro-electro-mechanical systems manufacturing.
  • Medicine Hat Women’s Shelter Society — Medicine Hat Women’s Shelter Society supports those impacted by domestic violence by providing safe shelter.
  • Canadian Strategic Missions Corporation — Creating strategic dual-use technologies to deliver new capabilities; on and off the planet.
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SaskWorks Venture Fund
VC Fund · Regina, Saskatchewan, Canada · 2 investments in Canada Renewable Energy startups

SaskWorks Venture Fund is a Saskatchewan-based retail mutual fund that invests in privately-held small and medium-sized businesses owned or primarily operated in Saskatchewan. As a labour-sponsored venture capital corporation (LSVCC), investments in SaskWorks are eligible to receive a tax credit equal to 35% in addition to their RRSP tax deferral.Since its inception, the Fund has provided a unique opportunity for Saskatchewan residents to keep their investment dollars at home, helping to grow local companies and creating jobs in their province.

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Investment focus

  • Industry: Oil and Gas, Energy, Manufacturing
  • Stage:Seed, Post-IPO Equity
  • Geography: Canada, United States

Investor stats

  • Total investments: 58
  • Round size: Seed $931k–$5.8M; Post-IPO Equity $3.7M–$4.6M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — raised $40M in 2018

Portfolio highlights

  • 54e Dev Studios — 54e Dev Studios creates unique robotics and gaming experiences using real-time communication technologies.
  • Ground Truth Agriculture — Ground Truth Ag revolutionizes precision farming with automated grain grading solutions. Our cutting-edge technology provides real-time, accurate grain quality monitoring, optimizing productivity for farmers and agribusinesses. Discover the future of agtech with us.
  • Cadence — Cadence's Executor Assistant helps surviving family members to complete benefits claims, notifications, account subscriptions, and other tasks after a death.
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Sensata Technologies
VC Fund · Attleboro, Massachusetts, United States · 2 investments in Canada Renewable Energy startups

Sensata Technologies, Inc. engages in the design, manufacture, and distribution of sensors and electronic controls. The company's sensor products include airflow sensors, analytical sensors, automotive sensors, pressure sensors, and switches. Its control products include battery protectors, circuit breakers, thermal controllers, motorcontrols, and thermostats. The company also offers power control products that include semiconductor burn-in test sockets, DC to AC power converters, fuses, and circuit interrupters. It offers its products for aircraft, military, appliance, automotive, electronics, heavy vehicle, HVAC, industrial, rotating equipment, RV, marine, semiconductor, and transportation markets. The company was founded in 2006 and is headquartered in Attleboro, Massachusetts with additional offices in the Netherlands, China, Japan, the Dominican Republic, Korea, Brazil, Malaysia, Mexico, and Germany. Sensata Technologies, Inc. operates as a subsidiary of Sensata Technologies B.V.

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Investment focus

  • Industry: CleanTech, Automotive, Internet of Things
  • Stage:Series A, Series B, Series C
  • Geography: Canada, United States

Investor stats

  • Total investments: 8
  • Round size: Series A $4M–$8.8M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Pitstop — Pitstop is a cloud-based Prognostic Maintenance Platform that enables enterprises to leverage the wealth of information available from their vehicle fleets. Their data engine integrates Connected Vehicles, Dealerships, Fleet Manager, Tier 1 Suppliers, OEMs, Insurance Companies and the Aftermarket Supply Chain.
  • Peak Power — Peak Power is making it profitable for commercial and industrial real estate customers to get to net zero. Visit our website to learn how.
  • Nanoprecise Sci Corp — Predictive Maintenance, Automated Ai Based Predictive Maintenance, Machine Doctor, Wireless Industrial Iot Sensors, Artificial Intelligence in Maintenance, Scaling Iot Solutions
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Investeco Capital
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada Renewable Energy startups

InvestEco invests in innovative companies in the Food & Agriculture Sector. Learn More about our process, people, and companies.

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Investment focus

  • Industry: Food and Beverage, Organic Food, Manufacturing
  • Stage:Seed, Series A
  • Geography: Canada, United States, Portugal

Investor stats

  • Total investments: 50
  • Round size: Seed $250k–$4M; Series A $4.3M–$14M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Goparity — GoParity is an online savings and investment platform that uses a P2P business model to simplify investment and allow citizens and companies to get a decent return on their sustainable loans. Citizens and companies invest their funds in projects they believe in to generate economic, social and environmental impact.We are driving the transitiontowards a more sustainable and inclusive economic system, making investment in sustainable solutions accessible to all, from citizens to small enterprises. Join us @ www.goparity.com
  • Chickapea — Buy your Chickapea Pasta and have it shipped to your door! Free shipping to most locations in the United States.
  • Little Sesame — Serving up smooth hummus & sunny vibes.
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High Park Angels
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada Renewable Energy startups

Angel and Pre-Seed Investments

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Canada, United States

Investor stats

  • Total investments: 13
  • Round size: Seed $717k–$1M; Angel $183k–$1.5M; Pre-Seed $120k–$3M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • UTOBO INC. — Build beautiful, fully-functional websites in seconds using AI. No coding required.
  • TROES — TROES is a Canadian company to develop smart power energy storage technologies, products, and solutions in a 170 Billion market to help middle-market project developers, power distributors, and power consumers to unlock numerous project opportunities with considerable payback which are not existed previously due to high project cost, lack ofexpertise and low development efficiency by using our patented modularized energy storage hardware and software.
  • Vumo — Car Scanner is a automotive company which scans car for automatic parking enforcement and car damage documentation via autonomous robot.
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Prelude Ventures
VC Fund · San Francisco, California, United States · 2 investments in Canada Renewable Energy startups, 14 in the past 12 months

Prelude Ventures invests in and supports early-stage startups with the greatest potential to mitigate climate change. For us, climate is everything.

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Investment focus

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

Investor stats

  • Total investments: 148
  • Lead/follow: no public data

Portfolio highlights

  • LuxWall — LuxWall is accelerating the global transition to net zero by upgrading windows and glass into transparent insulation for buildings.
  • RedoxBlox — RedoxBlox offers thermochemical energy storage technology for natural gas power plant operators. It helps power plant operators drastically reduce carbon and nitrogen oxides emissions, its solution integrates with the existing natural gas power plant infrastructure, minimizes impact on plant total capital costs, increases grid resiliency andsafety, and is recyclable, non-toxic, and non-combustible, enabling industries with renewables grid through the deployment of large-scale long-duration energy storage.The company was founded in 2020 and is based in East Lansing, Michigan.
  • Form Energy — Form Energy is an American company driving innovation in energy manufacturing and technology to ensure a clean, secure, and reliable electric grid.
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IBI Group
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada Renewable 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: Energy, CleanTech, Electric Vehicle
  • 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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Red Thread Ventures
VC Fund · Vancouver, British Columbia, Canada · 2 investments in Canada Renewable Energy startups

Red Thread Ventures (RTV) is a global investment and advisory firm. We form long term partnerships with early stage companies led by incredible management teams across a variety of industries. Besides capital, Red Thread adds value by leveraging an extensive CFO and capital markets executive network to aid ventures as they scale from idea toPre-IPO and beyond. Red Thread Ventures currently manages two investment funds, a VCC (Venture Capital Corporation) fund focused on pre-seed/seed stage opportunities in British Columbia and a "Global Fund" for follow-on investments and opportunities across different geographies and asset classes.

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Investment focus

  • Industry: Health Care, E-Commerce, Software
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Canada, Israel

Investor stats

  • Total investments: 34
  • Round size: Seed $23k–$3.5M; Angel $470k–$3.5M; Pre-Seed $529k–$1.3M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Levr.ai — Levr.ai powers business loan brokers and lenders with application automation that increases conversion, saves time and provides an amazing experience.
  • Walter — One platform for law firms and company builders. Stay on the same page while raising capital and managing shareholders and employee stock option programs.
  • Minutebook — Simplify corporate records management. The only equity platform you need for lawyers, company builders, employees and investors
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Pacific Economic Development Canada
VC Fund · 2 investments in Canada Renewable Energy startups

Pacific Economic Development Canada is the regional development agency focused on British Columbia’s evolving economy.

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Investment focus

  • Industry: Non Profit, Manufacturing, Health Care
  • Stage:Grant, Debt Financing, Venture - Series Unknown
  • Geography: Canada, United States, Spain

Investor stats

  • Total investments: 181
  • Round size: Grant $100k–$3.6M; Debt Financing $636k–$3.4M; Venture - Series Unknown $2M–$4.9M
  • Lead/follow: 98% lead, 2% follow

Portfolio highlights

  • LUCID Vision Labs — Lucid Vision Labs designs and manufactures innovative machine vision cameras and components that utilize the latest technologies to deliver exceptional value.
  • Musqueam Indian Band
  • British Columbia Institute of Technology
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Evok Innovations
VC Fund · Vancouver, British Columbia, Canada · 2 investments in Canada Renewable Energy startups, 6 in the past 12 months

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: 57
  • Round size: Seed $2.5M–$11M; Series A $5M–$55M; Series B $2.8M–$58M
  • Lead/follow: 33% lead, 67% 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 — Stay sustainable and profitable with DISA's high-pressure slurry ablation technology for reclamation and mining
  • 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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United Airlines
VC Fund · Chicago, Illinois, United States · 2 investments in Canada Renewable 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, Manufacturing
  • 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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The Atmospheric Fund (TAF)
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada Renewable Energy startups

The Atmospheric Fund invests in urban solutions to reduce greenhouse gas emissions and air pollution

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Investment focus

  • Industry: Electric Vehicle, Energy, Software
  • Stage:Seed, Series A, Convertible Note
  • Geography: Canada

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Peak Power — Peak Power is making it profitable for commercial and industrial real estate customers to get to net zero. Visit our website to learn how.
  • Kite Mobility — A sustainable multi-vehicle amenity for residents and guests
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FedDev
VC Fund · Waterloo, Ontario, Canada · 2 investments in Canada Renewable Energy startups, 40 in the past 12 months

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: 184
  • Round size: Seed $24k–$40k; Grant $76k–$5M; Debt Financing $731k–$3.5M
  • Lead/follow: 94% lead, 6% follow

Portfolio highlights

  • Pv Labs — PV Labs is an established designer and developer of aerial imaging systems used for Intelligence, Surveillance, & Reconnaissance (ISR) applications within various levels of governments and military.
  • SpatialData.AI. — When they started SpatialData.AI, they saw a critical problem in the industry: data collection companies usually focus solely on collecting and delivering raw data, leaving engineering firms, telecom, and electric utility companies with datasets that are not immediately or easily usable.
  • Modern Elevator — Modern Elevator Innovations Installs elevator systems and offer complete modernization services. (Machine Roomless MRL and Hydraulic)
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VA Angels
VC Fund · Calgary, Alberta, Canada · 2 investments in Canada Renewable Energy startups

VA Angels, one of Canada’s leading angel investment groups, has member locations in Calgary, Edmonton, Kelowna and Winnipeg. Since 2003 they have done 57 deals worth $28.5 million and are one of the most active angel groups in Canada.

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Investment focus

  • Industry: Health Care, Software, Information Technology
  • Stage:Seed, Debt Financing
  • Geography: Canada, United States, India

Investor stats

  • Total investments: 109
  • Round size: Seed $110k–$1.5M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Tonit — Connect with local riders. Discover hundreds of rides & events. Track & share your ride. Share photos & videos with the community.
  • PLAYR.gg — Surf Giveaways is the #1 platform to run giveaways, sweepstakes, and contests for gamers. Grow your audience and build your community with giveaways now!
  • eThor — Trusted By National Brands Trusted By National Brands Contactless In the age of COVID-19, it's more important than ever to provide your customers a safe way to pay. eThor offers a number of contactless payment options, from Apple Pay, Samsung Pay or other forms of
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Finindus
VC Fund · Zelzate, Oost-Vlaanderen, Belgium · 2 investments in Canada Renewable 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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Fonds de solidarité FTQ
VC Fund · Montréal, Quebec, Canada · 2 investments in Canada Renewable 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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Cycle Capital
VC Fund · Montréal, Quebec, Canada · 2 investments in Canada Renewable Energy startups

Cycle Capital is a pioneer in Canadian Cleantech venture capital fund management investing in companies at the development and commercialization stages in North America. Founded in 2009 by Andrée-Lise Méthot, Founder and Managing Partner, Cycle Capital’s Platform has become an important venture capital investor of the Cleantech industry with its 3funds totaling $230M Assets Under Management (AUM). Cycle Capital is looking to invests in promising ventures that are not capital intensive and/or that can benefit from the leverage brought by Cycle Capital extensive network of investors, strategic partners and advisors.In addition to its core investments, Cycle Capital targets companies with high growth potential – especially those with strong intellectual property, leading edge technologies and with exceptional management talent that would benefit from the firm’s network of strategic industrial partners and expert advisors. With its core investment and business expertise, Cycle Capital plays an active role adding meaningful and tangible value to its portfolio companies at all stages of their life.

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Investment focus

  • Industry: Manufacturing, Energy, Electronics
  • Stage:Series B, Seed
  • Geography: Canada, United States, Germany

Investor stats

  • Total investments: 84
  • Round size: Seed $55k–$2.3M; Series B $5.7M–$27M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: May invest from a new fund soon — raised $145M in 2020

Portfolio highlights

  • Airex Energy — Industrial biomass conversion solutions for biocoal, biochar, and biocarbon using advanced torrefaction and carbonization technologies.
  • Thymox Technology — A powerful, non-toxic botanical disinfectant that kills 99.9% of bacteria, fungi and molds as well as COVID-19. Thymox is safe for you and your family.
  • YWire technologies — Based in Montreal, YWire Technologies designs, manufactures and sells lighting control devices for the commercial buildings market. Founded by three building automation industry veterans in 2009, YWire designs products targeted specifically at lowering the installed cost of integrated systems across the market. The FiveSeries Lighting ControlSystem is the first building-level command and control system in the world to use Broadband over Power Line for device networks and integration into Building Automation Systems.
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Renewable Energy VC funding in Canada at a glance

Stats across 617 deals from 596 investors.

596
investors
in Canada Renewable Energy startups
617
deals
in Canada Renewable Energy startups
$5M
median round
in Canada Renewable Energy startups
53%
lead investors
lead at least one round
28%
Grant
most common funding stage

Access all 596 VC funds in Canada Renewable Energy startups.

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