# Top 50 Renewable Energy VC (Venture Capital) Funds in Canada in June 2026

## New Brunswick Innovation Foundation
- Type: VC Fund
- Location: Fredericton, New Brunswick, Canada
- Relevant deals: 6
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Analytics

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.

## Sustainable Development Technology Canada
- Type: VC Fund
- Location: Ottawa, Ontario, Canada
- Relevant deals: 6
- Stages: Grant, Seed
- Focus: Manufacturing, Energy, Software

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.

## Natural Gas Innovation Fund
- Type: VC Fund
- Location: Ottawa, Ontario, Canada
- Relevant deals: 5
- Stages: Grant, Series A
- Focus: Oil and Gas, Renewable Energy, Energy

NGIF Capital offers an integrated hybrid model for financing cleantech companies with solutions for the energy sector.

## Chrysalix Venture Capital
- Type: VC Fund
- Location: Vancouver, British Columbia, Canada
- Relevant deals: 4
- Stages: Series B, Series A
- Focus: Energy, Manufacturing, CleanTech

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

## BDC Venture Capital
- Type: VC Fund
- Location: Calgary, Alberta, Canada
- Relevant deals: 4
- Stages: Series A, Seed
- Focus: Software, Information Technology, Artificial Intelligence

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.

## Innovacorp
- Type: VC Fund
- Location: Halifax, Nova Scotia, Canada
- Relevant deals: 4
- Stages: Seed, Grant, Pre-Seed
- Focus: Software, Information Technology, Health Care

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.

## Export Development Canada
- Type: VC Fund
- Location: Ottawa, Ontario, Canada
- Relevant deals: 4
- Stages: Series B, Series A
- Focus: Software, Manufacturing, Renewable Energy

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.

## Pallasite Ventures
- Type: VC Fund
- Location: Chicago, Illinois, United States
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: Software, Health Care, Biotechnology

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

## MCJ
- Type: VC Fund
- Location: Boston, Massachusetts, United States
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: Renewable Energy, Energy, Software

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

## National Research Council Canada
- Type: VC Fund
- Location: Ottawa, Ontario, Canada
- Relevant deals: 3
- Stages: Grant, Pre-Seed
- Focus: Software, Health Care, Medical

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.

## WUTIF
- Type: VC Fund
- Location: Vancouver, British Columbia, Canada
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Health Care, Biotechnology

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.

## Fika Ventures
- Type: VC Fund
- Location: Los Angeles, California, United States
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: Software, Information Technology, Financial Services

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.

## Version One Ventures
- Type: VC Fund
- Location: Vancouver, British Columbia, Canada
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: Software, Internet, Blockchain

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

## MaRS Investment Accelerator Fund
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Artificial Intelligence, Health Care

Working with Ontario talent to develop   World Class Companies    Learn More

## NBIF’s Venture Capital Fund
- Type: VC Fund
- Location: Fredericton, New Brunswick, Canada
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Machine Learning

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

## VantagePoint Capital Partners
- Type: VC Fund
- Location: San Bruno, California, United States
- Relevant deals: 3
- Stages: Series B, Series C
- Focus: Software, Manufacturing, Internet

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.

## The 51 Ventures
- Type: VC Fund
- Location: Calgary, Alberta, Canada
- Relevant deals: 3
- Stages: Seed, Grant, Pre-Seed
- Focus: Information Technology, Health Care, Fashion

Women-powered capital building the Financial Feminist Economy.

## Atlantic Canada Opportunities Agency
- Type: VC Fund
- Location: Moncton, New Brunswick, Canada
- Relevant deals: 3
- Stages: Grant, Debt Financing, Seed
- Focus: Software, Manufacturing, Information Technology

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.

## Shell Ventures
- Type: VC Fund
- Location: Rijswijk, Zuid-Holland, The Netherlands
- Relevant deals: 3
- Stages: Series A, Series B
- Focus: Energy, Renewable Energy, Software

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

## Capital Angel Network
- Type: VC Fund
- Location: Ottawa, Ontario, Canada
- Relevant deals: 3
- Stages: Seed, Angel
- Focus: Software, SaaS, Artificial Intelligence

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.

## ArcTern Ventures
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 3
- Stages: Series B, Series A
- Focus: Energy, Software, Renewable Energy

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.

## Ontario Centres of Excellence
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 3
- Stages: Seed, Grant, Pre-Seed
- Focus: Software, Information Technology, Health Care

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

## Anges Quebec
- Type: VC Fund
- Location: Quebec, Quebec, Canada
- Relevant deals: 3
- Stages: Seed, Angel
- Focus: Software, Health Care, Artificial Intelligence

Value-added investors for innovative entrepreneurs.

## Cycle Capital
- Type: VC Fund
- Location: Montréal, Quebec, Canada
- Relevant deals: 2
- Stages: Series B, Seed
- Focus: Manufacturing, Energy, Electronics

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.

## BDC Capital Cleantech Practice
- Type: VC Fund
- Location: Calgary, Alberta, Canada
- Relevant deals: 2
- Stages: Series A, Series C
- Focus: Renewable Energy, Energy, Manufacturing

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

## Overture Ventures
- Type: VC Fund
- Location: Los Angeles, California, United States
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Manufacturing, Software, Renewable Energy

Overture is an early stage climate tech fund at the intersection of government.

## VA Angels
- Type: VC Fund
- Location: Calgary, Alberta, Canada
- Relevant deals: 2
- Stages: Seed, Debt Financing
- Focus: Health Care, Software, Information Technology

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.

## Garage Capital
- Type: VC Fund
- Location: Waterloo, Ontario, Canada
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Information Technology, Artificial Intelligence

Built by founders, for founders. Garage Capital helps best-in-class companies jump from garage to growth.

## S2G Investments
- Type: VC Fund
- Location: Chicago, Illinois, United States
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Agriculture, Food and Beverage, Biotechnology

S2G Ventures is is a multi-stage venture fund investing in food and agriculture.  We're harnessing the power of food innovation to create better outcomes for people and the planet.

## United Airlines
- Type: VC Fund
- Location: Chicago, Illinois, United States
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Aerospace, CleanTech, Renewable Energy

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.

## Business Development Bank of Canada
- Type: VC Fund
- Location: Montréal, Quebec, Canada
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Information Technology, Manufacturing

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. 

## High Park Angels
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 2
- Stages: Pre-Seed, Seed, Angel
- Focus: Software, Information Technology, Solar

Angel and Pre-Seed Investments

## Evok Innovations
- Type: VC Fund
- Location: Vancouver, British Columbia, Canada
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Energy, Chemical, Oil and Gas

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

## Active Impact Investments
- Type: VC Fund
- Location: North Vancouver, British Columbia, Canada
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, SaaS, CleanTech

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.

## Baker Hughes
- Type: VC Fund
- Location: Houston, Texas, United States
- Relevant deals: 2
- Stages: Corporate Round, Seed, Series A
- Focus: Energy, Renewable Energy, Manufacturing

Baker Hughes is an energy technology company that provides solutions for energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner, and more efficient for people and the planet.

## Alberta Innovates
- Type: VC Fund
- Location: Edmonton, Alberta, Canada
- Relevant deals: 2
- Stages: Grant, Seed, Pre-Seed
- Focus: Energy, Oil and Gas, Software

Alberta Innovates is the province's innovation engine. From funding to commercialization, we have everything you need to put innovation into action.

## BuildTech VC
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Renewable Energy, SaaS, Water

Early stage fund in Proptech, Construction & RealEstate Tech. We offer investments and pilot sites for validation to help startups scale in these sectors!

## Apollo Projects
- Type: VC Fund
- Location: Greenville, South Carolina, United States
- Relevant deals: 2
- Stages: Seed, Series B, Pre-Seed
- Focus: Software, Health Care, Biotechnology

Apollo Projects is an early-stage investment fund managed by the Altman brothers. It invests in founders who have audacious visions of the future, and who can execute to make their visions reality.

## Government of Canada
- Type: VC Fund
- Location: Gatineau, Quebec, Canada
- Relevant deals: 2
- Stages: Grant, Debt Financing
- Focus: Non Profit, Manufacturing, Health Care

The Government of Canada is making it easier for Canadians to find and access government information and services online through its central website, Canada.ca. The website is the single entry point for all government information and services available online and is accessible using any device with an Internet connection, including tablets ormobile phones. Its portal shows how government works, its priorities, laws, finances, transparency, digital government, and policies.

## Island Capital Partners
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: SaaS, Software, Information Technology

Island Capital Partners is an early stage venture capital fund that is in the business of investing in high potential Prince Edward Island entrepreneurs and startups.

## Grosvenor Food & AgTech
- Type: VC Fund
- Location: Chester, Cheshire, United Kingdom
- Relevant deals: 2
- Stages: Series C, Series B
- Focus: Agriculture, Food and Beverage, Biotechnology

We are an active investor in companies that are reshaping food and agriculture around the world for the better.We identify entrepreneurs and businesses rethinking how food is produced, distributed, and consumed, supporting their growth as lead investors and highly engaged board members.We actively manage a portfolio of over 25 companies,helping them lead positive change in a way that enhances human health and the natural environment, enabling the economic sustainability of farming and food production.

## Chevron Technology Ventures
- Type: VC Fund
- Location: Houston, Texas, United States
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Energy, Software, Manufacturing

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

## Red Thread Ventures
- Type: VC Fund
- Location: Vancouver, British Columbia, Canada
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Post-IPO Equity
- Focus: E-Commerce, Health Care, Software

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.

## Government of Alberta
- Type: VC Fund
- Location: Saint Albert, Alberta, Canada
- Relevant deals: 2
- Stages: Grant, Seed, Pre-Seed
- Focus: Energy, Wellness, Oil and Gas

Find Alberta government services and information.

## Investeco Capital
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Food and Beverage, Organic Food, Manufacturing

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

## EnerTech Capital
- Type: VC Fund
- Location: Ambler, Pennsylvania, United States
- Relevant deals: 2
- Stages: Series B, Series C
- Focus: Energy, Software, Manufacturing

EnerTech Capital works hand-in-hand with pioneers and innovators daring to change the world. For 25 years EnerTech’s fundamental focus has been investing and partnering with innovative companies driving informational impact across the energy landscape; with a focus on Mobility, Industry 4.0, and Connected Customer. Since its founding in 1996,EnerTech has made 74 investments and has managed over $500 million in capital commitments. EnerTech works with investors and stakeholders from corporates with growing innovation programs to seasoned investors seeking differentiated opportunities for strategic capital deployment or tailored solutions. EnerTech partners with companies across all stages of enterprise value creation from late development and seed through commercialization and growth. While investment activities are predominantly focused in North America, EnerTech partners with teams globally on an opportunistic basis.

## Prelude Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Series A, Series B, Series C
- Focus: Software, Energy, Manufacturing

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

## Canadian Shield Capital
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 2
- Stages: Series A, Convertible Note
- Focus: Energy, Software, CleanTech

Boutique Private Equity Firm

## Real Ventures
- Type: VC Fund
- Location: Montréal, Quebec, Canada
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Software, Artificial Intelligence, Machine Learning

Real Ventures is an early-stage venture firm focused on serving daring entrepreneurs with the ambition to create successful, global companies. Since 2007, Real Ventures has dedicated itself to building the Canadian startup ecosystem on the belief that people, not money, build game-changing companies. Real Ventures provides stage-specific guidance,mentorship, and access to networks and resources to fast-track founders’ personal and company growth. Real Ventures manages $325 million across five funds and its active portfolio of 100+ companies is currently valued at $10 billion. www.realventures.com

## NGEN Partners
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 2
- Stages: Series B, Series C
- Focus: Energy, Manufacturing, Renewable Energy

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