Ecofuel Fund

Rithmik Solutions is a Montreal-based company that develops an AI-powered platform for predictive maintenance on mobile mining equipment. Its solution, including the Asset Health Analyzer, analyzes equipment health, detects deviations from a virtual model of a healthy asset, and provides insights to reduce maintenance needs and improve uptime. The platform tracks asset health to help optimize productivity and profitability in the mining sector. Founded in 2017, Rithmik Solutions serves mining operators by turning AI analytics into actionable maintenance decisions.

HaiLa Technologies is a fabless semiconductor and software company that develops hyper power-efficient wireless system-on-chip solutions for Internet of Things deployments. Founded in 2019, the company aims to enable sustainable scaling of IoT sensor networks by dramatically reducing the power consumption of wireless radios, which extends battery life and can reduce or eliminate the need for sensor batteries. Its platform supports multiple applications across consumer electronics, building and process automation, medical technology, agriculture, and smart cities by enabling IoT devices to operate over existing wireless infrastructure. HaiLa focuses on enabling smaller batteries and longer lifespans for devices deployed at scale. The company is headquartered in Montreal, with offices in Copenhagen and San Francisco.

FTEX is a Montreal-based developer of next-generation smart, connected drive systems for light electric vehicles. The company provides the electronics, software and applications that control vehicle motors, all connected in real time over cellular networks to FTEX's cloud platform. Its EVionics mobile operating system enables features such as location tracking, diagnostics, security, remote locking, collision detection, service and theft insurance. FTEX aims to accelerate adoption of personal electric vehicles by delivering smart motor controllers that enhance performance, range and user experience through novel technology and standards.

FTEX is a Montreal-based developer of next-generation smart, connected drive systems for light electric vehicles. The company provides the electronics, software and applications that control vehicle motors, all connected in real time over cellular networks to FTEX's cloud platform. Its EVionics mobile operating system enables features such as location tracking, diagnostics, security, remote locking, collision detection, service and theft insurance. FTEX aims to accelerate adoption of personal electric vehicles by delivering smart motor controllers that enhance performance, range and user experience through novel technology and standards.

Rithmik Solutions is a Montreal-based company that develops an AI-powered platform for predictive maintenance on mobile mining equipment. Its solution, including the Asset Health Analyzer, analyzes equipment health, detects deviations from a virtual model of a healthy asset, and provides insights to reduce maintenance needs and improve uptime. The platform tracks asset health to help optimize productivity and profitability in the mining sector. Founded in 2017, Rithmik Solutions serves mining operators by turning AI analytics into actionable maintenance decisions.

HaiLa Technologies is a fabless semiconductor and software company that develops hyper power-efficient wireless system-on-chip solutions for Internet of Things deployments. Founded in 2019, the company aims to enable sustainable scaling of IoT sensor networks by dramatically reducing the power consumption of wireless radios, which extends battery life and can reduce or eliminate the need for sensor batteries. Its platform supports multiple applications across consumer electronics, building and process automation, medical technology, agriculture, and smart cities by enabling IoT devices to operate over existing wireless infrastructure. HaiLa focuses on enabling smaller batteries and longer lifespans for devices deployed at scale. The company is headquartered in Montreal, with offices in Copenhagen and San Francisco.

AEPONYX designs and manufactures fabless micro optical switch semiconductor chips for tunable transceivers and optical circuit switches. It combines planar MEMS and silicon photonics to enable disaggregated switching systems and tunability in both transmission and reception in pluggable transceivers. Its photonic integrated circuits integrate MEMS and thermo-optic switches with silicon nitride, supporting high-speed data transmission and flexible optical switching for telecom, datacom, and cloud applications. Founded in 2011 and based in Montreal, the company focuses on fiber optic access to the cloud and next-generation optical networks by delivering compact, energy-efficient micro optical switches.

Electrobac Inc. is a Montreal-based company founded in 2016 that specializes in the disposal and recycling of electronic waste. It has developed a network of smart bins designed for the convenient collection of unwanted electronic equipment, facilitating the recovery and repackaging of small electronics. Electrobac aims to extend the lifecycle of electronic devices and promote sustainable practices by prioritizing reuse, repair, and refurbishment. The company serves both individual consumers and large businesses, assisting them in integrating circular economy principles into the management of their mobile devices.