MacKinnon, Bennett & Company

MacKinnon, Bennett & Company is a Montreal-based merchant bank established in 2007 that specializes in sourcing, structuring, and managing private investments in various sectors, primarily focusing on renewable energy and urban infrastructure services. The firm targets investments in clean energy, intelligent transportation, LED lighting, and energy storage, aiming to achieve attractive risk-adjusted returns. MacKinnon, Bennett & Company serves a diverse clientele, including high net worth individuals, family offices, corporate clients, and institutional investors, leveraging its expertise to identify and capitalize on growth opportunities in these emerging markets.

Jesse Teichman

Partner

16 past transactions

Mara Renewables

Venture Round in 2022
Mara Renewables Corporation (Mara) is the leading Canadian biotechnology company focused on the research, development, and commercialization of sustainable fermentation algal biotechnologies for nutritional and renewable energy industries.

Raptor Maps

Series B in 2022
Raptor Maps, Inc. is a software company that specializes in artificial intelligence solutions for the solar industry. Founded in 2015 and based in Somerville, Massachusetts, the company develops software that transforms drone and asset data into detailed analytics and reports for solar companies. By leveraging multi-spectral imaging and cloud computing, Raptor Maps provides comprehensive data coverage and insights that help identify and address anomalies affecting energy production. The company offers a range of services including aerial thermal inspections, shading analysis, and construction monitoring, catering to portfolio owners, asset managers, operations and maintenance providers, engineering, procurement, and construction contractors, and independent engineers. By facilitating the adoption of drone technology, Raptor Maps enables solar companies to enhance performance, reduce costs, and standardize evaluations across their photovoltaic assets.

Palmetto, Inc.

Series C in 2022
Palmetto, Inc. operates as a clean technology software and fulfillment platform company scaling the deployment of technology products such as energy storage, solar power, demand management systems, and energy efficiency. The company builds and deploys software systems that help consumers understand their energy spend. It offers logistics and infrastructural support, information on clean energy’s benefits, and software tools that enable solar customers to manage and monitor how their solar installations are operating. It offers services, such as ongoing support, financing, design, survey, engineering, permitting, and installation services for solar products, storage products, and thermostats. Palmetto, Inc. was formerly known as Palmetto Global Holdings, LLC. The company was founded in 2009 and is headquartered in Charleston, South Carolina. It has additional offices in San Francisco, California; and Seattle, Washington.

Bird

Venture Round in 2021
Bird designs a vehicle sharing platform that provides affordable transportation solutions to communities across the world. The company's platform coordinates with cities to provide citizens with access to shared personal electric vehicles that can be picked up and dropped off anywhere, enabling users to receive sustainable and environment-friendly local transport.

FLO

Series C in 2020
AddÉnergie Technologies Inc. is a leading Canadian company specializing in smart charging solutions for electric vehicles. Established in 2009 and based in Québec, the company develops, manufactures, and operates a range of charging stations tailored for various market segments, including the public sector, employers, multi-residential buildings, and fleets. Its product offerings include the SmartTWO and SmartDC charging stations for commercial and industrial use, as well as specialized solutions like the CoRe+ charger for private areas and the Curbside Charger. AddÉnergie is also the provider of the Electric Circuit and VERnetworkTM, two of Canada’s largest charging station networks, which collectively feature over 2,000 charging stations. The company supplies both the hardware and software necessary for managing these networks, and it is poised to expand its operations through new partnerships and networks internationally.

Bboxx

Series D in 2019
BBOXX Ltd. designs, manufactures, distributes, and finances plug and play solar systems. The company offers solar home systems, remote monitoring products, portable lights, portable radios, LED TVs and lights, and phone chargers. It also provides installation and maintenance services. The company serves customers through a network of distributors in the United Kingdom and internationally. BBOXX Ltd. was founded in 2010 and is based in London, United Kingdom.

Sense

Series B in 2019
Sense Labs, Inc. is a technology company based in Cambridge, Massachusetts, specializing in home energy monitoring solutions. Established in 2013, the company develops and manufactures electronic devices that analyze electricity usage in households. Its flagship product, Sense, utilizes current sensors installed on main breakers to capture the electronic signatures of various appliances. This system employs advanced algorithms to identify and differentiate individual devices, providing users with insights into their energy consumption. Sense also offers a range of related products, including Sense Solar, add-on sensors, and various replacement components. The data collected by these devices is transmitted to users via a dedicated mobile application, enhancing the home automation experience.

Opus One Solutions

Venture Round in 2019
Opus One Solutions Energy Corporation is a software engineering company that specializes in innovative energy management solutions. Founded in 2011 and headquartered in Richmond Hill, Canada, with additional offices in Massachusetts and New York, the company has developed GridOS, a pioneering real-time operating system designed for smart grid applications. GridOS integrates various energy resources, including generation, storage, and demand, with information systems such as sensors and analytics to enhance grid management. The platform supports distributed energy resource management, microgrid operations, and transactive energy functionalities, allowing utilities to optimize energy planning and operations. By leveraging intelligent algorithms for real-time analytics, Opus One Solutions aims to improve grid reliability, efficiency, and sustainability, ultimately facilitating the transition to a cleaner energy future.

Velofix

Private Equity Round in 2019
Velofix is a Vancouver-based company that specializes in selling and repairing bikes and bike parts through its fleet of mobile bike shops, which is the largest in North America. Founded in 2012, Velofix offers a user-friendly website that allows customers to request bike repair and maintenance services directly. In addition to bike services, the company provides ski and snowboard services, bike rentals, and organizes biking events. The innovative mobile service model eliminates the need for customers to transport their bikes to traditional shops, ensuring convenience and efficiency. Velofix has received industry recognition, including features in prominent publications and accolades such as the EY Entrepreneur of the Year award. The company has also gained attention through its appearance on Canada's Dragon's Den, leading to investments from notable entrepreneurs.

Miovision

Convertible Note in 2018
Miovision Technologies Inc. specializes in traffic data collection and management solutions for transportation networks. Founded in 2005 and headquartered in Kitchener, Canada, with an additional office in Cologne, Germany, the company offers a range of products including Miovision Central for project management, Scout Video Collection Unit for traffic counting, and Miovision Traffic Data for data processing and analysis. Its Spectrum solution enhances signal connectivity for intelligent transportation systems, while Teal facilitates goal-setting and progress tracking for teams. Miovision's hardware offerings include interfaces, smart links, cameras, and antennas, complemented by customer support services. The company serves a diverse clientele, including traffic data collection firms, engineering firms, and government agencies, reaching over 17,000 municipalities globally. Through its advanced technology, Miovision aims to improve the transportation experience for drivers, cyclists, and pedestrians while addressing the challenges of modern transportation networks.

Communauto

Private Equity Round in 2016
Communauto permet à tous ceux qui n’ont pas besoin d’une voiture quotidiennement de disposer d’une voiture sans en acheter une.

Bboxx

Series C in 2016
BBOXX Ltd. designs, manufactures, distributes, and finances plug and play solar systems. The company offers solar home systems, remote monitoring products, portable lights, portable radios, LED TVs and lights, and phone chargers. It also provides installation and maintenance services. The company serves customers through a network of distributors in the United Kingdom and internationally. BBOXX Ltd. was founded in 2010 and is based in London, United Kingdom.

Bboxx

Venture Round in 2015
BBOXX Ltd. designs, manufactures, distributes, and finances plug and play solar systems. The company offers solar home systems, remote monitoring products, portable lights, portable radios, LED TVs and lights, and phone chargers. It also provides installation and maintenance services. The company serves customers through a network of distributors in the United Kingdom and internationally. BBOXX Ltd. was founded in 2010 and is based in London, United Kingdom.

Meteo Protect

Angel Round in 2015
Meteo Protect SAS is an insurance and reinsurance brokerage based in Paris, France, focusing on weather risk management through parametric insurance products. Founded in 2011, the company specializes in offering coverage for various weather-related risks, including frost, water stress, input deficiency, and heat. As an authorized coverholder at Lloyd's, Meteo Protect utilizes its proprietary underwriting and policy lifecycle management platform, Vivaldi, which operates on SAP's HANA technology, to price insurance in real-time. The company distributes its products indirectly through brokers and specialized insurers via a white-label program. Since its inception, Meteo Protect has expanded its services to clients in nine countries and, in 2019, launched the first Open Insurance API platform for parametric insurance. Meteo Protect SAS operates as a subsidiary of Cooper Gay (France) SAS.

Miovision

Series B in 2015
Miovision Technologies Inc. specializes in traffic data collection and management solutions for transportation networks. Founded in 2005 and headquartered in Kitchener, Canada, with an additional office in Cologne, Germany, the company offers a range of products including Miovision Central for project management, Scout Video Collection Unit for traffic counting, and Miovision Traffic Data for data processing and analysis. Its Spectrum solution enhances signal connectivity for intelligent transportation systems, while Teal facilitates goal-setting and progress tracking for teams. Miovision's hardware offerings include interfaces, smart links, cameras, and antennas, complemented by customer support services. The company serves a diverse clientele, including traffic data collection firms, engineering firms, and government agencies, reaching over 17,000 municipalities globally. Through its advanced technology, Miovision aims to improve the transportation experience for drivers, cyclists, and pedestrians while addressing the challenges of modern transportation networks.