Ecofuel

Ecofuel Accelerator is a Quebec-based firm established in 2014 that specializes in supporting clean technology startups. The accelerator provides seed financing of up to $150,000, primarily through convertible notes. It runs a rigorous selection process to choose up to six teams for its intensive 10-16 week programs, which occur twice a year. Participants benefit from a comprehensive curriculum that includes training workshops, networking opportunities, and access to an experienced mentor ecosystem. The program aims to foster entrepreneurship and facilitate the successful establishment of new companies in the clean technology sector. Additionally, teams are hosted in a dedicated facility in Montreal for the duration of their participation, enhancing their collaborative experience.

25 past transactions

ChrysaLabs

Series A in 2023
ChrysaLabs is a Montreal-based company established in 2017 that specializes in developing innovative technology for soil analysis. The company has created a portable probe that allows for real-time measurement of soil nutrients and health, providing valuable insights for producers and agronomists. This advanced optical technology can assess soil properties at various depths without the need for sample preparation, enabling users to directly evaluate available nutrients in the field. In addition, ChrysaLabs offers a management platform that facilitates data access and enables informed decision-making to enhance fertilizer management and optimize crop yields.

Calogy Solutions

Pre Seed Round in 2020
Calogy Solutions specializes in developing advanced thermal management technologies tailored for electric transportation applications. The company offers a range of solutions including thermal and CFD calculations for electronics thermal management, custom-designed compact liquid cooling systems, heat pipes, vapor chambers, and comprehensive thermal characterization, testing, and validation services. These services involve exposing microelectronic components to various temperature conditions to help clients identify and address thermal challenges in their products, ultimately enhancing safety, increasing component lifetime, and reducing initial costs of vehicles.

HaiLa

Seed Round in 2020
HaiLa Technologies Inc., established in 2017, specializes in developing wireless connectivity platforms for remote data capture and management devices. Based in Montreal, Canada, with offices in Copenhagen, Denmark, and San Francisco, California, the company offers sensors and software that enable Internet of Things (IoT) devices to transmit data using ambient waves, reducing power consumption and extending battery life. HaiLa's solutions cater to diverse applications such as smart homes, agriculture, industry, wearables, and medical devices, aiming to facilitate wide-scale IoT deployment while promoting sustainability.

Pyrowave

Series B in 2020
Pyrowave Inc. is a Canadian company that specializes in advanced recycling technology solutions using microwave-based chemical processes to convert post-consumer and post-industrial plastics back into their molecular form, identical to virgin materials. Founded in 2014 and headquartered in Oakville, Pyrowave has developed a patented high-power microwave catalytic depolymerization technology that stands at the forefront of the recycling industry. The company leases its innovative recycling machines and sells the high-value liquid products and materials generated during the recycling process. By facilitating the infinite regeneration of plastics, Pyrowave enables its clients, including municipal entities and private recyclers, to significantly reduce plastic waste and contribute to a circular plastic economy.

Rithmik Solutions

Pre Seed Round in 2020
Rithmik Solutions Ltd. is a Montreal-based company that specializes in developing software solutions tailored for the mining industry. Founded in 2017, Rithmik focuses on predictive maintenance for mobile mining equipment through its artificial intelligence platform. The company's flagship product, the Asset Health Analyzer, utilizes AI to monitor equipment health by creating a virtual model of a healthy asset alongside its physical counterpart. This innovative approach allows for the early detection of deviations from optimal performance, thereby providing insights that help clients reduce maintenance costs and increase equipment uptime. Rithmik Solutions is dedicated to enhancing productivity and profitability within the mining sector through its advanced analytics systems.

Axya

Pre Seed Round in 2020
Axya is a startup that offers an online platform designed to connect small and medium-sized shop owners with suppliers in the manufacturing sector. The company provides a user-friendly marketplace that standardizes and centralizes the subcontracting process, addressing the complexities faced by buyers and suppliers. Through its innovative platform, Axya enables users to make informed decisions by providing valuable insights, streamlining the outsourcing process in the manufacturing industry.

ORA Graphene Audio

Convertible Note in 2019
ORA is a Montreal-based startup working with advanced nano-materials to produce unparalleled audio experiences. Their team of sound engineers, chemists and material scientists work with the exciting properties of *Graphene* (the strongest and lightest material known to man) to deliver smaller/lighter, more energy efficient speakers, all while remarkably improving sound quality. With a simple drop-in replacement of the speaker’s membrane, GrapheneQ can 1) extend the battery life of a portable audio device by up to 70% b) generate up to 4x the volume and c) significantly reduce the overall size of the speaker, allowing for bigger batteries/thinner devices. ORA's technology is disrupting a technology that has seen little innovation since its invention in 1921: the loudspeaker!

Potloc

Series A in 2019
Potloc Inc. is a Montreal-based company that operates an online consumer insights platform, which was founded in 2014. The platform specializes in providing businesses with market insights through various survey methodologies, including web panels, phone surveys, and geo-targeted surveys utilizing social networks. This innovative approach allows Potloc to gather authentic consumer feedback and data on purchasing habits, helping companies predict customer retention and acquisition. Trusted by numerous leading brands and organizations, Potloc's platform enables retailers and businesses to effectively connect with their target audiences globally. With offices in Toronto, Paris, and Geneva, Potloc has established itself as a key player in the market research industry, delivering high-quality data insights that meet the specific needs of its clients.

Global Spatial Technology Solutions (GSTS)

Seed Round in 2019
Global Spatial Technology Solutions provides worldwide maritime monitoring and oceanographic coverage. The company also provide maritime vessel management and maritime risk management.

Aeponyx

Series A in 2019
Aeponyx Inc. is a Montreal-based company specializing in the design and manufacture of fabless micro optical switch semiconductor chips. Founded in 2011, Aeponyx focuses on developing innovative solutions for fiber optic access and optical switching, particularly in cloud computing environments. The company employs a combination of micro-electro-mechanical systems (MEMS) and silicon photonics to create compact, efficient micro optical switches. These advanced technologies facilitate disaggregated switching systems and enhance tunability in both transmission and reception within pluggable transceivers. Aeponyx's products are aimed at improving the capacity and performance of optical communications while reducing power consumption. Through its patented technologies, the company is positioned to support next-generation optical circuit switching and high-speed data transmission applications, catering to the evolving needs of the telecom and datacom sectors.

Freshr Sustainable Technologies

Pre Seed Round in 2019
Freshr Sustainable Technologies specializes in the development of compostable active packaging materials aimed at enhancing the shelf life of fresh foods, with an initial focus on fresh fish. The company's innovative packaging solutions are crafted from naturally derived resources, which help maintain the texture and moisture content of fish while effectively targeting harmful bacteria. This approach not only extends the freshness of seafood but also enables fish processing companies to minimize waste, contributing to more sustainable practices in the food industry and reducing reliance on traditional plastics.

Rithmik Solutions

Seed Round in 2019
Rithmik Solutions Ltd. is a Montreal-based company that specializes in developing software solutions tailored for the mining industry. Founded in 2017, Rithmik focuses on predictive maintenance for mobile mining equipment through its artificial intelligence platform. The company's flagship product, the Asset Health Analyzer, utilizes AI to monitor equipment health by creating a virtual model of a healthy asset alongside its physical counterpart. This innovative approach allows for the early detection of deviations from optimal performance, thereby providing insights that help clients reduce maintenance costs and increase equipment uptime. Rithmik Solutions is dedicated to enhancing productivity and profitability within the mining sector through its advanced analytics systems.

ChrysaLabs

Pre Seed Round in 2019
ChrysaLabs is a Montreal-based company established in 2017 that specializes in developing innovative technology for soil analysis. The company has created a portable probe that allows for real-time measurement of soil nutrients and health, providing valuable insights for producers and agronomists. This advanced optical technology can assess soil properties at various depths without the need for sample preparation, enabling users to directly evaluate available nutrients in the field. In addition, ChrysaLabs offers a management platform that facilitates data access and enables informed decision-making to enhance fertilizer management and optimize crop yields.

Inno-3B

Seed Round in 2018
Inno-3B Inc. is a Canadian company specializing in the development of artificial intelligence software and automated vertical farming systems designed to address environmental challenges in agriculture. Founded in 2014 and based in Saint-Pacôme, the company offers a range of innovative products, including the Yield Factory, which features environmental control chambers for the production of plants and insects. Inno-3B's scalable and remotely monitored growing systems provide turnkey solutions for various sectors, including food, pharmaceuticals, and research, allowing users to grow organic produce, berries, and herbs locally in a cost-effective and sustainable manner. The company combines advanced technology with expertise in engineering and agronomy to support growers throughout the cultivation process.

Nexus Robotics

Pre Seed Round in 2018
Nexus Robotics, established in 2017 and headquartered in Halifax, Canada, specializes in developing autonomous robots for the agriculture industry. Their primary product is a weeding robot that effectively removes weeds while preserving crops, using a camera system and AI to differentiate between the two. This robot not only extracts weeds but also provides farmers with crop health data, enabling more informed decision-making.

Electrobac

Seed Round in 2018
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.

Pyrowave

Venture Round in 2018
Pyrowave Inc. is a Canadian company that specializes in advanced recycling technology solutions using microwave-based chemical processes to convert post-consumer and post-industrial plastics back into their molecular form, identical to virgin materials. Founded in 2014 and headquartered in Oakville, Pyrowave has developed a patented high-power microwave catalytic depolymerization technology that stands at the forefront of the recycling industry. The company leases its innovative recycling machines and sells the high-value liquid products and materials generated during the recycling process. By facilitating the infinite regeneration of plastics, Pyrowave enables its clients, including municipal entities and private recyclers, to significantly reduce plastic waste and contribute to a circular plastic economy.

BluWave-ai

Pre Seed Round in 2018
BluWave-ai is a company focused on transforming the energy sector by promoting the use of distributed and renewable energy resources, electric transportation, and smart loads. Utilizing a software-as-a-service (SaaS) model, BluWave-ai leverages artificial intelligence to enhance the operation of smart grids and microgrids. Their platform enables real-time optimization of power generation and operation, allowing clients to predict electricity demand accurately and adapt to fluctuations in consumption and generation. This approach has led to significant savings in capital and operational costs for communities, corporations, and utilities, while also reducing their carbon footprints. BluWave-ai is committed to fostering universal access to affordable and sustainable energy and transportation systems, serving a diverse clientele that includes distribution utilities, enterprises, mining operations, campuses, and remote or off-grid communities worldwide.

Potloc

Seed Round in 2018
Potloc Inc. is a Montreal-based company that operates an online consumer insights platform, which was founded in 2014. The platform specializes in providing businesses with market insights through various survey methodologies, including web panels, phone surveys, and geo-targeted surveys utilizing social networks. This innovative approach allows Potloc to gather authentic consumer feedback and data on purchasing habits, helping companies predict customer retention and acquisition. Trusted by numerous leading brands and organizations, Potloc's platform enables retailers and businesses to effectively connect with their target audiences globally. With offices in Toronto, Paris, and Geneva, Potloc has established itself as a key player in the market research industry, delivering high-quality data insights that meet the specific needs of its clients.

Aeponyx

Seed Round in 2017
Aeponyx Inc. is a Montreal-based company specializing in the design and manufacture of fabless micro optical switch semiconductor chips. Founded in 2011, Aeponyx focuses on developing innovative solutions for fiber optic access and optical switching, particularly in cloud computing environments. The company employs a combination of micro-electro-mechanical systems (MEMS) and silicon photonics to create compact, efficient micro optical switches. These advanced technologies facilitate disaggregated switching systems and enhance tunability in both transmission and reception within pluggable transceivers. Aeponyx's products are aimed at improving the capacity and performance of optical communications while reducing power consumption. Through its patented technologies, the company is positioned to support next-generation optical circuit switching and high-speed data transmission applications, catering to the evolving needs of the telecom and datacom sectors.

Materium Innovations

Pre Seed Round in 2017
Materium Innovations specializes in the manufacturing of silica microspheres and graphene-based materials designed for various applications in biotechnology and other industries. The company offers a unique platform that produces porous hollow silica microspheres coated with graphene, which enhances surface area and improves thermal and electrical conductivity. This innovative approach allows for significant reductions in material density, enabling industries such as biotechnology, agriculture, water treatment, cosmetics, pharmaceuticals, and textiles to effectively encapsulate products, ingredients, or formulas for their final products. Materium Innovations is focused on delivering solutions with both high economic and ecological impact.

Netlift

Seed Round in 2015
Netlift is a prominent platform specializing in mixed-mode commuting, focusing on enhancing daily travel for commuters. The company offers a ride-sharing service that connects passengers with drivers willing to share available seats in their vehicles, facilitating cost-effective transportation. By leveraging advanced technology, Netlift proposes efficient route options tailored to users' travel requirements, thereby improving access to public transit networks. This service not only streamlines commuting but also fosters connections between drivers and passengers, promoting a more efficient and accessible transportation system within urban environments.

FilmOrganic

Seed Round in 2015
FilmOrganic is a Canadian company focused on creating and producing 100% compostable mulch films that enhance agricultural productivity. By developing crop-specific, soil-compostable bioplastic films, the company aims to help farmers increase the yield of field-grown produce while simplifying their operations through time and labor savings. Co-founders Hugo Meunier and Roger Tambay bring extensive experience in the development and manufacturing of plastic films, particularly in the agricultural sector. FilmOrganic's innovative technology is designed to be environmentally friendly and cost-effective, positioning the company as a potential leader in the bio-plastic mulch film market tailored to the specific needs of farmers.

SabrTech

Seed Round in 2015
SabrTech is a pioneering company specializing in algae technology solutions. They design sustainable processes to harness algae's potential across various industries. Their primary focus includes partnering with airlines to promote green flying initiatives, collaborating with the oil industry to provide innovative solutions, and working with non-governmental organizations on water recycling projects. SabrTech's technology suite encompasses algal-derived energy sources like biofuels and biogas, additives such as biodiluents and lubricants, feeds for livestock, and water detoxification systems for bioremediation. They aim to facilitate a sustainable future by enabling partners to produce algal biomass on-site for diverse applications.

AecopaQ

Pre Seed Round in 2015
AecopaQ Inc. is a Canadian company based in Joliette, specializing in the development, production, and marketing of environmentally friendly food packaging products. Incorporated in 2013, AecopaQ focuses on creating biodegradable, recyclable, and compostable packaging solutions, including trays, clamshells, cups, and bowls. By utilizing green technology, the company aims to reduce the environmental impact associated with traditional styrofoam and plastic packaging, thereby contributing to the reduction of CO2 emissions. AecopaQ's commitment to sustainability positions it as a key player in the food packaging industry, addressing the growing demand for eco-friendly alternatives.
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