Planetary
Series A in 2024
Planetary Hydrogen is a company focused on producing clean hydrogen while capturing atmospheric carbon through innovative ocean alkalinity enhancement. The company develops advanced ocean-based carbon removal technologies designed to accelerate the natural carbon cycle. Its system works by purifying alkaline rock waste resulting from large-scale mining operations, extracting alkalinity, and introducing it into the ocean. This process aims to rebalance ocean chemistry and facilitate the carbon transition. Planetary Hydrogen is committed to removing one billion tonnes of carbon dioxide from the atmosphere by 2035, contributing to global efforts in combating climate change.
Miru Smart Technologies
Series A in 2024
Miru Smart Technologies, formerly known as Click Materials, is a Vancouver-based company specializing in advanced materials, particularly in the development of electrochromic windows for residential, commercial, and automotive applications. Founded as a university spin-off, Miru leverages over a decade of academic and industrial research to innovate traditional thin film production. This advanced fabrication process is designed to provide superior performance at lower manufacturing costs compared to existing technologies. By focusing on strategic partnerships, Miru aims to integrate its window technology into the growing trends of connected smart buildings and voice-activated smart homes, contributing to reduced greenhouse gas emissions and enhanced energy efficiency.
General Fusion
Venture Round in 2024
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.
AlumaPower
Series A in 2024
AlumaPower specializes in creating an innovative aluminum-based energy solution that offers carbon-free energy. The company has developed a portable power generator designed to convert recycled aluminum into a long-lasting, zero-emission energy source. This technology employs a patented process to extract energy from recycled aluminum, targeting business-to-business partners who require extended-duration power solutions. These solutions range from home backup power systems to electric vehicle range extenders for rapid mechanical recharging.
GHGSat specializes in global emissions monitoring services using proprietary remote-sensing technology. It measures greenhouse gas, air quality gas, and other trace gas emissions from industrial facilities worldwide, providing actionable insights for businesses to make strategic decisions towards sustainability.
Carbon Upcycling
Series A in 2023
Carbon Upcycling is a carbon technology company focused on decarbonizing hard-to-abate industries through its patented technology. This innovation allows for the permanent storage of carbon dioxide in industrial byproducts and minerals, effectively transforming them into high-performance alternative materials for cement and concrete. By doing so, Carbon Upcycling aims to significantly reduce the carbon footprint of industrial processes while diverting materials from landfills, thereby supporting a circular economy. The company has garnered international recognition for its advancements, being awarded the Carbon XPrize’s X-Factor, named NRMCA’s 2023 Innovative Company, and included in Cleantech Group’s Global Cleantech 100 and Foresight 50’s Canada’s Most Investable Cleantech Ventures.
Graphite Innovation & Technologies
Series A in 2023
Graphite Innovation & Technologies develops sustainable marine coatings for ships by applying nanotechnology to create durable, environmentally friendly paints that reduce fuel consumption and greenhouse gas emissions. The company’s marine coating systems are designed to be hydrophobic and hard, discouraging marine growth and minimizing hull drag as vessels pass through water. Its solutions aim to deliver peak vessel efficiency while avoiding harmful leaching substances common in traditional coatings. In addition to coatings for seafaring vessels, the company explores advanced engineered materials based on graphene and related nanomaterials to lower production costs and enable customized performances aligned with customers’ sustainability objectives. With existing ocean-going ships utilizing its technology, Graphite Innovation & Technologies seeks to ramp production worldwide and position itself as a disruptor in the marine coatings market by combining high-performance materials with environmentally responsible formulations.
Intelligent City
Series A in 2022
Intelligent City is a Vancouver-based housing technology company that designs and constructs urban multi-family housing using a fully integrated platform that combines design, architecture, engineering and fabrication. It employs mass timber, automated manufacturing and proprietary parametric software to enable mass customization with low unit costs, delivering affordable, durable and sustainable housing for urban environments. The platform supports energy performance optimization including passive house standards and aims to address urban affordability, sustainability and resident needs. Founded in 2008, the company focuses on scalable urban housing solutions with emphasis on longevity and environmental and social sustainability.
Summit Nanotech Corporation
Series A in 2022
Summit Nanotech Corporation is a Calgary-based cleantech company developing direct lithium extraction technology for lithium producers, with modular systems designed for scalable deployment and a focus on sustainable, water-efficient operations. Founded in 2018, it collaborates with mining companies and lithium asset owners in Chile and Argentina to reduce environmental impact and lower costs compared with traditional methods.
Eavor Technologies
Venture Round in 2022
Eavor Technologies develops geothermal technology for clean, baseload power generation. Its proprietary Eavor-Loop™ system harvests heat from deep earth using wells to produce brine from a subsurface aquifer, enabling scalable heating applications with minimal environmental impact.
Excir
Venture Round in 2022
Excir is a company dedicated to the ethical and sustainable monetization of precious metals recovery. It develops innovative mining technology aimed at providing transparent methods for extracting these valuable resources, thereby enabling companies to enhance their value while minimizing their environmental impact. The focus is on the science, safety, purity, and scalability of the extraction process, which allows for sustainable mining practices from alternative sources. By prioritizing ethical considerations, Excir contributes to a broader social cause while ensuring that precious metals are refined responsibly and effectively.
Livestock Water Recycling
Venture Round in 2022
Founded in 1989, Livestock Water Recycling specializes in manufacturing systems that recycle livestock waste. Its patented technology treats manure on-site, creating two distinct fertilizers and recovering clean water for precision nutrient application. Serving agricultural, industrial, municipal, and commercial environments across North America, the company aims to improve economic and environmental sustainability.
GaN Systems
Venture Round in 2021
GaN Systems develops and manufactures gallium nitride power switching transistors for various applications. Its products include 650 V E-HEMT and 100 V E-HEMT transistors, serving consumer brand and enterprise equipment manufacturers globally.
Clir Renewables
Series B in 2021
Clir Renewables Inc. is a company that specializes in cloud-based renewable energy asset management and reporting software. Founded in 2016 and headquartered in Vancouver, Canada, with an additional office in Glasgow, United Kingdom, Clir's software-as-a-service platform is designed to assist asset managers and owners in optimizing the performance and profitability of renewable energy plants. By integrating deep domain expertise with artificial intelligence, Clir’s platform enhances annual energy production, monitors asset health, and effectively manages financial and technical risks associated with renewable energy assets.
Anaergia
Venture Round in 2021
Anaergia Inc. is a Canadian company specializing in the generation of renewable energy through advanced anaerobic digestion of organic waste from municipal, agricultural, and industrial sources. It manufactures sustainable solutions that convert waste into renewable energy, fertilizers, and recycled water. The company provides a range of services, including municipal wastewater solutions, waste diversion strategies, and agri-food applications focused on nutrient management and water reuse. Anaergia operates through multiple segments, including Capital Sales, Services, and Build, Own, and Operate Projects, with the Capital Sales division being the primary revenue generator through the sale of proprietary technologies and services to municipalities, private entities, and project developers. The company serves a global market, with a presence in North America, Europe, and Asia, and its solutions are utilized in resource recovery facilities around the world.
AlumaPower
Seed Round in 2021
AlumaPower specializes in creating an innovative aluminum-based energy solution that offers carbon-free energy. The company has developed a portable power generator designed to convert recycled aluminum into a long-lasting, zero-emission energy source. This technology employs a patented process to extract energy from recycled aluminum, targeting business-to-business partners who require extended-duration power solutions. These solutions range from home backup power systems to electric vehicle range extenders for rapid mechanical recharging.
Li-Cycle is a clean technology company specializing in the resource recovery of end-of-life lithium-ion batteries. The company employs its proprietary Spoke and Hub recycling process, which enables the efficient processing of battery manufacturing scrap and spent batteries. At its Spokes, Li-Cycle produces black mass and other intermediate products, while its Hubs focus on recovering valuable raw materials such as lithium carbonate, cobalt sulphate, and nickel sulphate. Committed to sustainable practices, Li-Cycle’s technology allows for the recovery of 80 to 100% of materials found in lithium-ion batteries, addressing the growing demand for critical battery resources in an environmentally responsible manner.
CarbonCure
Venture Round in 2020
CarbonCure Technologies Inc. is a Canadian company that specializes in technology designed to sequester carbon dioxide (CO2) in concrete production. Founded in 2007 and headquartered in Dartmouth, Nova Scotia, the company provides a retrofit solution for existing concrete plants, allowing producers to incorporate waste CO2 from industrial emitters into their concrete products. During manufacturing, this CO2 is chemically converted into solid mineral carbonates, enhancing the strength of the concrete while reducing its carbon footprint. CarbonCure's innovative approach enables concrete manufacturers to produce green concrete without compromising quality or cost, thereby facilitating a shift towards sustainable building practices. The company also offers marketing and environmental reporting services to support its customers in the growing green building market. By licensing its technology at a low capital expenditure, CarbonCure generates a recurring revenue stream while contributing to the reduction of greenhouse gas emissions in the concrete industry.
Recover
Venture Round in 2019
Recover Energy Services Inc., based in Calgary, Canada, specializes in the recycling and disposal of oil-contaminated drill cuttings generated from oil-based mud drilling operations. Founded in 2008, the company employs proprietary technology to clean and recycle these waste materials, recovering base oil and significantly reducing carbon dioxide emissions. This eco-friendly approach enables oil and gas companies to manage their waste responsibly while minimizing environmental impact.
Avidbots Corp.
Series B in 2019
Avidbots Corp., founded in 2014 and based in Ottawa, Canada, develops autonomous commercial floor cleaning robots. Its flagship product, NEO, uses laser mapping technology to efficiently clean various spaces such as airports, retail malls, hospitals, and warehouses across seven countries.
Terramera
Venture Round in 2019
Founded in 2009, Terramera develops plant-based pesticides and fertilizers. It offers products like Proof (for bed bugs and dust mites), Actigate (an organic pesticide), and Rango (a plant-based pest control). The company aims to transform agriculture by fusing artificial intelligence, science, and nature to provide sustainable alternatives to chemical pesticides and fertilizers.
Founded in 2006, Effenco is an autotech company specializing in heavy-duty vehicle electrification. Headquartered in Montreal, Canada, with operations in the U.S. and Europe, it develops Active-Stop-Start electric hybrid technology for vocational trucks. This system improves energy efficiency by 30% and reduces greenhouse gas emissions when vehicles are stationary.
GreenMantra Technologies
Venture Round in 2018
GreenMantra Technologies Ltd. is a Canadian company based in Brantford that specializes in the manufacturing and marketing of synthetic waxes, polymer additives, and other chemicals derived from recycled plastics. Founded in 2010, the company utilizes a proprietary thermo-catalytic system that employs catalytic depolymerization technology to convert waste plastics, including challenging materials like grocery bags and films, into high-value waxes and specialty chemicals. These products find diverse applications across various industries, including coatings, plastic processing, adhesives, roofing, and paving. By focusing on the up-cycling of hard-to-recycle plastics, GreenMantra aims to contribute to sustainable manufacturing practices and promote the use of recyclable materials in industrial processes.
Field Upgrading
Venture Round in 2018
Field Upgrading partners with Ceramatec to develop DSU™, a process that removes sulfur from heavy oil feedstock using molten sodium and hydrogen. This results in an upgraded product with increased API gravity.
Ensyn
Venture Round in 2018
Ensyn Corporation specializes in producing biocrude from forest and agricultural residues through its proprietary thermal technology. Founded in 1984 and based in Wilmington, Delaware, the company has established itself as a leader in renewable liquid fuel production. Ensyn's patented RTP technology converts carbon-based feedstocks, such as wood biomass, into high yields of liquid products, achieving approximately 75% conversion by weight from dried wood. This technology is unique in its ability to produce significant quantities of liquid fuels from woody biomass, making it the only known commercial process of its kind globally. Ensyn's biocrude serves as a renewable feedstock suitable for heating and cooling applications, as well as for upgrading in oil refineries to create low-carbon transportation fuels. The company collaborates with various industry partners to further enhance its offerings and promote sustainable energy solutions.
Agrisoma Biosciences
Series C in 2018
Agrisoma Biosciences Inc. is an agricultural technology company based in Gatineau, Canada, that specializes in the development and commercialization of carinata, a non-food oilseed crop designed for the production of oil for biodiesel and advanced biofuels. Founded in 2001, Agrisoma provides carinata seed products that farmers can grow, either in their crop rotation or on fallow land, to produce renewable oil. The company employs a proprietary technology known as Engineered Trait Loci (ETL), which allows for the precise introduction and management of new genes within plants, enhancing their biosynthetic activity for biofuel production. This innovative approach enables the development of new biofuel crops tailored to meet the demands of the emerging bio-energy market. Agrisoma has made significant progress in applying its technology to major oilseed and biomass crops, positioning itself as a key player in the renewable fuels sector, primarily serving customers in North America.
Agrisoma Biosciences
Series B in 2017
Agrisoma Biosciences Inc. is an agricultural technology company based in Gatineau, Canada, that specializes in the development and commercialization of carinata, a non-food oilseed crop designed for the production of oil for biodiesel and advanced biofuels. Founded in 2001, Agrisoma provides carinata seed products that farmers can grow, either in their crop rotation or on fallow land, to produce renewable oil. The company employs a proprietary technology known as Engineered Trait Loci (ETL), which allows for the precise introduction and management of new genes within plants, enhancing their biosynthetic activity for biofuel production. This innovative approach enables the development of new biofuel crops tailored to meet the demands of the emerging bio-energy market. Agrisoma has made significant progress in applying its technology to major oilseed and biomass crops, positioning itself as a key player in the renewable fuels sector, primarily serving customers in North America.
Sofdesk Inc. is a software company based in Montreal, Canada, specializing in sales acceleration solutions for the solar and roofing industries. Founded in 2013, Sofdesk develops intuitive web applications designed to help small to medium-sized companies enhance their infrastructure and streamline operations. Its primary products include SolarGraf, which assists solar installers in generating leads and proposals, and RoofGraf, which aids roofing companies in sourcing new business opportunities. By offering a comprehensive suite of tools for project management, automation, and advanced quoting, Sofdesk enables its clients to reduce operational costs and improve their overall efficiency in a competitive market.
Encycle
Venture Round in 2016
Encycle Corporation specializes in wireless electrical demand management solutions for commercial and industrial facilities. Based in Toronto with offices in California and the UK, the company offers automated demand response controllers that manage peak electrical demand across various building equipment types. Their products are installed directly or via distributors in California and New York, serving clients such as retail stores, office buildings, distribution centers, and food processing plants. Encycle's strategic partnership with Ayla Networks enhances its product offerings. Founded in 2005, the company changed its name from REGEN Energy Inc. to Encycle Corporation in 2015.
Axine Water Technologies
Series B in 2016
Axine Water Technologies Inc. is a Vancouver-based company specializing in innovative wastewater treatment solutions. Established in 2010, the firm focuses on developing chemical-free systems designed to address high concentrations of complex and toxic organic pollutants, including phenols, pharmaceuticals, and ammonia, in industrial wastewater. Utilizing proprietary electrolytic oxidation technology, Axine's systems effectively treat various pollutants in a single step without the need for chemicals or the production of sludge. The company's solutions cater to a diverse range of industries, including oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management, helping clients reduce costs and enhance the performance of their wastewater management processes.
Polystyvert
Venture Round in 2016
Founded in 2011, Polystyvert specializes in polystyrene recycling. Its proprietary technology enables efficient collection and recycling of polystyrene waste, producing high-quality recycled material indistinguishable from virgin product.
BioAmber
Debt Financing in 2016
BioAmber is a private company based in Delaware that specializes in the production of renewable succinic acid and related chemical intermediates. Formerly known as DNP Green Technology, the company rebranded following its acquisition of a joint venture with ARD. Utilizing a proprietary technology platform that integrates industrial biotechnology and chemical catalysis, BioAmber converts bio-based feedstocks into a variety of renewable chemicals. Its product offerings include materials for polyurethanes, resins, coatings, de-icing solutions, fine chemicals, lubricants, and engineering plastics, among others. The company aims to provide sustainable industrial chemical solutions to its clients, contributing to a more eco-friendly chemical industry.
Switch Materials
Series C in 2015
SWITCH Materials Inc. is a Canadian company founded in 2007, specializing in advanced materials that enable innovative smart window solutions for automotive applications, particularly for OEMs and Tier 1 suppliers. The company focuses on developing proprietary organic molecules that can switch optical properties on command, allowing for functionalities such as automatic darkening of sunroofs in sunlight to reduce heat and glare. Their technology integrates seamlessly into various applications, including automotive glass, architectural glass, and eyewear. SWITCH Materials also conducts extensive research and development in its laboratories and at Simon Fraser University’s 4D LABS, leveraging the expertise of materials scientists skilled in synthetic chemistry, polymer processing, and optics. The company aims to contribute to lower emissions and enhanced customer experiences in electric vehicle markets, as well as in custom solar management applications.
CarbonCure
Series C in 2015
CarbonCure Technologies Inc. is a Canadian company that specializes in technology designed to sequester carbon dioxide (CO2) in concrete production. Founded in 2007 and headquartered in Dartmouth, Nova Scotia, the company provides a retrofit solution for existing concrete plants, allowing producers to incorporate waste CO2 from industrial emitters into their concrete products. During manufacturing, this CO2 is chemically converted into solid mineral carbonates, enhancing the strength of the concrete while reducing its carbon footprint. CarbonCure's innovative approach enables concrete manufacturers to produce green concrete without compromising quality or cost, thereby facilitating a shift towards sustainable building practices. The company also offers marketing and environmental reporting services to support its customers in the growing green building market. By licensing its technology at a low capital expenditure, CarbonCure generates a recurring revenue stream while contributing to the reduction of greenhouse gas emissions in the concrete industry.
GaN Systems
Series C in 2015
GaN Systems develops and manufactures gallium nitride power switching transistors for various applications. Its products include 650 V E-HEMT and 100 V E-HEMT transistors, serving consumer brand and enterprise equipment manufacturers globally.
Solantro Semiconductor
Venture Round in 2015
Solantro Semiconductor Corp. is a Canadian semiconductor company established in 2009, specializing in the design and manufacture of integrated circuits for grid applications, particularly within the renewable energy sector. The company develops a range of products, including analog power managers, DC-DC power optimizers, and micro-inverter controllers, which are essential for converting solar energy into usable power. Their chipsets enhance solar panels, enabling them to function as integrated power generators. Solantro's technology supports various applications, including intelligent photovoltaic module safety disconnects and battery chargers, while also offering software development tools for system integration. The company serves clients in power electronics, smart grid, and renewable energy industries, providing semiconductor-based architectures that facilitate the measurement, processing, and management of power from distributed energy resources.
Neurio Technology, Inc. is a home intelligence technology company based in Vancouver, Canada, that specializes in developing solutions for energy management. Founded in 2005, Neurio focuses on creating smart appliances and efficient home environments by utilizing innovative hardware and software. Its core offering includes a Wi-Fi power sensor paired with a cloud service that monitors home electrical devices, providing insights into appliance usage and energy consumption. Homeowners benefit from real-time feedback through Neurio's mobile applications, which allow them to track their energy consumption and manage their devices effectively. Neurio's technology aims to enhance residential energy management, enabling users to optimize energy flow and reduce costs without needing extensive installations across all appliances. In December 2014, the company rebranded from Energy Aware Technology Inc. and, as of March 2019, operates as a subsidiary of Generac Holdings Inc.
Encycle Corporation specializes in wireless electrical demand management solutions for commercial and industrial facilities. Based in Toronto with offices in California and the UK, the company offers automated demand response controllers that manage peak electrical demand across various building equipment types. Their products are installed directly or via distributors in California and New York, serving clients such as retail stores, office buildings, distribution centers, and food processing plants. Encycle's strategic partnership with Ayla Networks enhances its product offerings. Founded in 2005, the company changed its name from REGEN Energy Inc. to Encycle Corporation in 2015.
Agrisoma Biosciences
Series A in 2014
Agrisoma Biosciences Inc. is an agricultural technology company based in Gatineau, Canada, that specializes in the development and commercialization of carinata, a non-food oilseed crop designed for the production of oil for biodiesel and advanced biofuels. Founded in 2001, Agrisoma provides carinata seed products that farmers can grow, either in their crop rotation or on fallow land, to produce renewable oil. The company employs a proprietary technology known as Engineered Trait Loci (ETL), which allows for the precise introduction and management of new genes within plants, enhancing their biosynthetic activity for biofuel production. This innovative approach enables the development of new biofuel crops tailored to meet the demands of the emerging bio-energy market. Agrisoma has made significant progress in applying its technology to major oilseed and biomass crops, positioning itself as a key player in the renewable fuels sector, primarily serving customers in North America.
Pyrowave
Convertible Note in 2014
Pyrowave develops microwave-based chemical recycling technology that converts post-consumer and post-industrial plastics back into their original molecular state, identical to virgin materials. This enables infinite recycling of plastics, serving municipal clients and private recyclers/generators.
Axine Water Technologies
Series A in 2014
Axine Water Technologies Inc. is a Vancouver-based company specializing in innovative wastewater treatment solutions. Established in 2010, the firm focuses on developing chemical-free systems designed to address high concentrations of complex and toxic organic pollutants, including phenols, pharmaceuticals, and ammonia, in industrial wastewater. Utilizing proprietary electrolytic oxidation technology, Axine's systems effectively treat various pollutants in a single step without the need for chemicals or the production of sludge. The company's solutions cater to a diverse range of industries, including oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management, helping clients reduce costs and enhance the performance of their wastewater management processes.
Encycle Corporation specializes in wireless electrical demand management solutions for commercial and industrial facilities. Based in Toronto with offices in California and the UK, the company offers automated demand response controllers that manage peak electrical demand across various building equipment types. Their products are installed directly or via distributors in California and New York, serving clients such as retail stores, office buildings, distribution centers, and food processing plants. Encycle's strategic partnership with Ayla Networks enhances its product offerings. Founded in 2005, the company changed its name from REGEN Energy Inc. to Encycle Corporation in 2015.
Solantro Semiconductor
Grant in 2013
Solantro Semiconductor Corp. is a Canadian semiconductor company established in 2009, specializing in the design and manufacture of integrated circuits for grid applications, particularly within the renewable energy sector. The company develops a range of products, including analog power managers, DC-DC power optimizers, and micro-inverter controllers, which are essential for converting solar energy into usable power. Their chipsets enhance solar panels, enabling them to function as integrated power generators. Solantro's technology supports various applications, including intelligent photovoltaic module safety disconnects and battery chargers, while also offering software development tools for system integration. The company serves clients in power electronics, smart grid, and renewable energy industries, providing semiconductor-based architectures that facilitate the measurement, processing, and management of power from distributed energy resources.
CarbonCure
Series B in 2013
CarbonCure Technologies Inc. is a Canadian company that specializes in technology designed to sequester carbon dioxide (CO2) in concrete production. Founded in 2007 and headquartered in Dartmouth, Nova Scotia, the company provides a retrofit solution for existing concrete plants, allowing producers to incorporate waste CO2 from industrial emitters into their concrete products. During manufacturing, this CO2 is chemically converted into solid mineral carbonates, enhancing the strength of the concrete while reducing its carbon footprint. CarbonCure's innovative approach enables concrete manufacturers to produce green concrete without compromising quality or cost, thereby facilitating a shift towards sustainable building practices. The company also offers marketing and environmental reporting services to support its customers in the growing green building market. By licensing its technology at a low capital expenditure, CarbonCure generates a recurring revenue stream while contributing to the reduction of greenhouse gas emissions in the concrete industry.
Solantro Semiconductor
Venture Round in 2013
Solantro Semiconductor Corp. is a Canadian semiconductor company established in 2009, specializing in the design and manufacture of integrated circuits for grid applications, particularly within the renewable energy sector. The company develops a range of products, including analog power managers, DC-DC power optimizers, and micro-inverter controllers, which are essential for converting solar energy into usable power. Their chipsets enhance solar panels, enabling them to function as integrated power generators. Solantro's technology supports various applications, including intelligent photovoltaic module safety disconnects and battery chargers, while also offering software development tools for system integration. The company serves clients in power electronics, smart grid, and renewable energy industries, providing semiconductor-based architectures that facilitate the measurement, processing, and management of power from distributed energy resources.
General Fusion
Series C in 2013
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.
Axine Water Technologies
Seed Round in 2012
Axine Water Technologies Inc. is a Vancouver-based company specializing in innovative wastewater treatment solutions. Established in 2010, the firm focuses on developing chemical-free systems designed to address high concentrations of complex and toxic organic pollutants, including phenols, pharmaceuticals, and ammonia, in industrial wastewater. Utilizing proprietary electrolytic oxidation technology, Axine's systems effectively treat various pollutants in a single step without the need for chemicals or the production of sludge. The company's solutions cater to a diverse range of industries, including oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management, helping clients reduce costs and enhance the performance of their wastewater management processes.
CarbonCure
Series A in 2012
CarbonCure Technologies Inc. is a Canadian company that specializes in technology designed to sequester carbon dioxide (CO2) in concrete production. Founded in 2007 and headquartered in Dartmouth, Nova Scotia, the company provides a retrofit solution for existing concrete plants, allowing producers to incorporate waste CO2 from industrial emitters into their concrete products. During manufacturing, this CO2 is chemically converted into solid mineral carbonates, enhancing the strength of the concrete while reducing its carbon footprint. CarbonCure's innovative approach enables concrete manufacturers to produce green concrete without compromising quality or cost, thereby facilitating a shift towards sustainable building practices. The company also offers marketing and environmental reporting services to support its customers in the growing green building market. By licensing its technology at a low capital expenditure, CarbonCure generates a recurring revenue stream while contributing to the reduction of greenhouse gas emissions in the concrete industry.
Encycle
Venture Round in 2012
Encycle Corporation specializes in wireless electrical demand management solutions for commercial and industrial facilities. Based in Toronto with offices in California and the UK, the company offers automated demand response controllers that manage peak electrical demand across various building equipment types. Their products are installed directly or via distributors in California and New York, serving clients such as retail stores, office buildings, distribution centers, and food processing plants. Encycle's strategic partnership with Ayla Networks enhances its product offerings. Founded in 2005, the company changed its name from REGEN Energy Inc. to Encycle Corporation in 2015.
Encycle
Venture Round in 2011
Encycle Corporation specializes in wireless electrical demand management solutions for commercial and industrial facilities. Based in Toronto with offices in California and the UK, the company offers automated demand response controllers that manage peak electrical demand across various building equipment types. Their products are installed directly or via distributors in California and New York, serving clients such as retail stores, office buildings, distribution centers, and food processing plants. Encycle's strategic partnership with Ayla Networks enhances its product offerings. Founded in 2005, the company changed its name from REGEN Energy Inc. to Encycle Corporation in 2015.
Nexterra
Venture Round in 2011
Nexterra is a manufacturer of advanced gasification systems designed for thermal and cogeneration applications. The company specializes in enabling industrial and institutional facilities to self-generate clean and cost-effective heat and power using waste fuels, particularly renewable biomass such as wood waste. Nexterra's systems are characterized by their lower operational costs, design simplicity, reliability, and versatility, along with automated control systems that ensure ultra-low emissions compared to traditional combustion methods. In an environment of rising energy prices, Nexterra's technology provides customers with the opportunity to improve operating margins while reducing their reliance on fossil fuels and grid electricity, ultimately contributing to a significant reduction in carbon footprints.
Switch Materials
Series B in 2010
SWITCH Materials Inc. is a Canadian company founded in 2007, specializing in advanced materials that enable innovative smart window solutions for automotive applications, particularly for OEMs and Tier 1 suppliers. The company focuses on developing proprietary organic molecules that can switch optical properties on command, allowing for functionalities such as automatic darkening of sunroofs in sunlight to reduce heat and glare. Their technology integrates seamlessly into various applications, including automotive glass, architectural glass, and eyewear. SWITCH Materials also conducts extensive research and development in its laboratories and at Simon Fraser University’s 4D LABS, leveraging the expertise of materials scientists skilled in synthetic chemistry, polymer processing, and optics. The company aims to contribute to lower emissions and enhanced customer experiences in electric vehicle markets, as well as in custom solar management applications.
Vaperma is a developer, manufacturer, and supplier of advanced gas separation systems.
Vaperma breakthrough patented polymer membrane technology combines solvent and high temperature resistance into a strong hollow fiber which enables to address many industrial applications.
Vaperma advanced gas separation systems primarily target dewatering (''dehydration'') in a range of existing energy and industrial markets, including ethanol and natural gas processing applications. It can be used for applications such as the production of fuel-grade ethanol and the dehydration of natural gas, biogas, and chemicals.
With Vaperma’s patented hollow-fiber polymer membrane, we offer our customers an energy-saving and eco-friendly solution for high-purity chemical products and a sustainable environment.
Vaperma’s growth strategy is to focus on continuously improving its gas separation technologies to meet the broadest range of customer needs.
Cyrium Technologies
Series B in 2008
Cyrium Technologies Inc. is a Canadian company that specializes in the development and manufacturing of concentrator photovoltaic (CPV) cells tailored for terrestrial solar energy markets and CPV system manufacturers. Established in 2002 and headquartered in Ottawa, with an additional office in Tsuen Wan, Hong Kong, the company offers a range of products, including quantum dot enhanced cells and application-specific concentrator cells (ASCC). Furthermore, Cyrium Technologies provides performance optimization and customization services for its cells through the ASCC program, ensuring that clients receive tailored solutions to meet their specific energy needs.
General Fusion
Seed Round in 2008
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.
Vaprema
Venture Round in 2007
Vaperma is a developer, manufacturer, and supplier of advanced gas separation systems.
Vaperma breakthrough patented polymer membrane technology combines solvent and high temperature resistance into a strong hollow fiber which enables to address many industrial applications.
Vaperma advanced gas separation systems primarily target dewatering (''dehydration'') in a range of existing energy and industrial markets, including ethanol and natural gas processing applications. It can be used for applications such as the production of fuel-grade ethanol and the dehydration of natural gas, biogas, and chemicals.
With Vaperma’s patented hollow-fiber polymer membrane, we offer our customers an energy-saving and eco-friendly solution for high-purity chemical products and a sustainable environment.
Vaperma’s growth strategy is to focus on continuously improving its gas separation technologies to meet the broadest range of customer needs.
GridPoint
Series A in 2006
GridPoint specializes in comprehensive energy management solutions. It offers hardware for monitoring energy endpoints like HVAC and lighting systems, along with a cloud-based software platform for real-time data collection and analytics. The company serves various industries such as retail, commercial buildings, and government institutions, helping them optimize energy usage and reduce costs.
Agrisoma Biosciences
Seed Round in 2003
Agrisoma Biosciences Inc. is an agricultural technology company based in Gatineau, Canada, that specializes in the development and commercialization of carinata, a non-food oilseed crop designed for the production of oil for biodiesel and advanced biofuels. Founded in 2001, Agrisoma provides carinata seed products that farmers can grow, either in their crop rotation or on fallow land, to produce renewable oil. The company employs a proprietary technology known as Engineered Trait Loci (ETL), which allows for the precise introduction and management of new genes within plants, enhancing their biosynthetic activity for biofuel production. This innovative approach enables the development of new biofuel crops tailored to meet the demands of the emerging bio-energy market. Agrisoma has made significant progress in applying its technology to major oilseed and biomass crops, positioning itself as a key player in the renewable fuels sector, primarily serving customers in North America.
Cellex Power
Venture Round in 2001
Cellex Power is a company specializing in the development of hybridized power systems that integrate battery and fuel cell technologies. These systems are designed specifically for powered industrial vehicles, such as forklift trucks. By replacing traditional lead-acid battery systems with their advanced fuel cell solutions, Cellex Power enables manufacturers of materials handling vehicles to enhance productivity while simultaneously reducing capital and operational expenditures. The company's innovative approach allows for significant improvements in efficiency and cost savings in industrial applications.