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.

Chanel Damphousse

Partner

Vivian Koen

Partner

Ken MacKinnon

Co-Founder, Partner and CEO

Saul Muskin

Principal and Member of Investment Team

Antonio Occhionero

Managing Partner and CFO

Jesse Teichman

Partner

23 past transactions

Circuit

Series B in 2025
Circuit is a software company that specializes in providing micro-transit services through an application that utilizes all-electric vehicles. Founded in 2011 and headquartered in West Palm Beach, Florida, Circuit offers a turn-key solution for on-demand transportation. Users can easily book rides through the app, which connects them with efficient drivers, ensuring a responsible and convenient shuttle service. The company's focus on electric vehicles aligns with sustainable transportation goals, promoting eco-friendly travel options for its customers.

Raptor Maps

Series C in 2024
Raptor Maps, Inc. is a software company focused on enhancing the performance of solar assets through advanced data analytics. Founded in 2015 and based in Somerville, Massachusetts, the company utilizes artificial intelligence to transform drone and asset data into actionable insights for solar companies. Its platform automates visual inspections and processes multi-spectral images, enabling frequent and detailed analysis of solar sites. Raptor Maps offers a range of services, including aerial thermal inspections, shading analysis, and construction monitoring, all aimed at optimizing the management of photovoltaic assets. The company serves a diverse clientele, including portfolio owners, asset managers, and engineering firms, providing them with tools to improve efficiency and reduce costs in solar energy operations.

FLO

Series E in 2024
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.

Mara Renewables

Venture Round in 2022
Mara Renewables Corporation is a prominent Canadian biotechnology firm dedicated to the research, development, and commercialization of sustainable fermentation algal biotechnologies. The company specializes in producing plant-based nutritional and nutraceutical ingredients aimed at enhancing human health. Additionally, Mara is a key supplier of omega-3 fatty acids for the human nutrition sector and related industries. Through its innovative approach to algal biotechnology, Mara Renewables seeks to promote sustainability and advance food and health security on a global scale.

CarbiCrete

Series A in 2022
CarbiCrete Inc. is a Montreal-based company that specializes in carbon removal technology, focusing on the development of innovative, low-cost building solutions aimed at reducing greenhouse gas emissions. Established in 2016, CarbiCrete offers a unique process that enables the production of cement-free, carbon-negative concrete. This technology utilizes industrial by-products and captured carbon dioxide, replacing traditional cement with steel slag and curing the concrete with carbon dioxide. By doing so, CarbiCrete not only eliminates the emissions associated with cement production but also facilitates the permanent removal of carbon dioxide from the atmosphere. The company licenses its technology to precast concrete manufacturers, thereby supporting the construction industry in adopting more sustainable practices.

Raptor Maps

Series B in 2022
Raptor Maps, Inc. is a software company focused on enhancing the performance of solar assets through advanced data analytics. Founded in 2015 and based in Somerville, Massachusetts, the company utilizes artificial intelligence to transform drone and asset data into actionable insights for solar companies. Its platform automates visual inspections and processes multi-spectral images, enabling frequent and detailed analysis of solar sites. Raptor Maps offers a range of services, including aerial thermal inspections, shading analysis, and construction monitoring, all aimed at optimizing the management of photovoltaic assets. The company serves a diverse clientele, including portfolio owners, asset managers, and engineering firms, providing them with tools to improve efficiency and reduce costs in solar energy operations.

Palmetto Clean Technology

Series C in 2022
Palmetto is a clean technology company that specializes in building and operating solar energy projects for residential, commercial, and utility customers. Founded in 2009 and headquartered in Charleston, South Carolina, Palmetto designs and installs solar systems while providing a range of services, including customer support, financing, engineering, permitting, and installation. The company offers innovative software solutions such as Palmetto Home, which enables homeowners to monitor real-time energy consumption and solar production, and Palmetto Fleet, which provides energy monitoring insights for home management professionals. Additionally, Palmetto's Alchemy platform enhances the sales experience for solar professionals by streamlining the sales, design, and proposal processes. With additional offices in locations such as San Francisco, Sea Girt, Charlotte, Washington, and Greenville, Palmetto is committed to advancing clean energy technology and improving energy efficiency.

Bluon

Series B in 2022
Bluon is a mobile application and support platform designed specifically for HVAC-R technicians, contractors, and distributors in the heating, ventilation, and air conditioning industry. It serves as a comprehensive resource, offering tools, training, and 24/7 technical support to enhance the efficiency and proficiency of HVAC-R professionals in the field. Bluon’s platform aggregates detailed technical information on over 55,000 unique HVAC models, empowering technicians with essential data to perform their tasks effectively. With more than 175,000 downloads and 88,000 onboarded member technicians—growing by 6,000 each month—Bluon has established itself as the largest and fastest-growing support community in the HVAC-R sector. The platform also facilitates enhanced interaction between technicians and local distributors, driving innovation and operational efficiency within the industry.

Bird

Venture Round in 2021
Bird is a micro-mobility company that specializes in designing a vehicle-sharing platform focused on providing affordable and sustainable transportation solutions. The platform facilitates access to shared personal electric vehicles, including e-scooters and electric bicycles, which can be easily picked up and dropped off at various locations. By collaborating with cities, Bird aims to enhance urban mobility, reduce car trips, alleviate traffic congestion, and lower carbon emissions. Operating in multiple locations, including over ten cities in Canada, Bird emphasizes accessibility and environmentally friendly transport options, appealing to communities seeking reliable alternatives to traditional motor vehicles.

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.

Ample

Venture Round in 2020
Ample, Inc. is a San Francisco-based company that specializes in electric battery stations and battery swap solutions for electric vehicles. Founded in 2014, Ample operates within the smart energy sector, focusing on enhancing the efficiency of energy delivery for electric transportation. The company employs autonomous robotics and innovative smart battery technology to facilitate its services. Ample's battery system is designed with smaller, interchangeable battery modules that can be adapted to fit a diverse range of vehicles, addressing the challenges associated with electric vehicle charging and promoting greater accessibility to electric transportation solutions.

Bboxx

Series D in 2019
Bboxx, established in 2010 and headquartered in London, specializes in designing, manufacturing, and distributing plug-and-play solar systems. The company's product range includes solar home systems, remote monitoring products, portable lights, radios, LED TVs, and phone chargers, along with installation and maintenance services. Bboxx serves customers in the UK and internationally through a network of distributors, focusing on enhancing access to energy in developing countries, particularly in Africa. The company aims to provide a western energy experience off-grid and in rural areas, combining access to electricity with superior customer service.

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 is a software engineering and solutions company focused on transforming energy management to create a Connected Energy Internet. The company has developed GridOS®, a pioneering real-time operating system for the smart grid designed to integrate various energy resources such as generation, storage, and demand with crucial information resources like sensors and analytics. This integration helps utilities and energy providers enhance their situational awareness and optimize the management of their systems through intelligent power engineering algorithms. Additionally, GridOS® features transactive energy functionality that calculates locational marginal values for distributed energy resources and adapts to real-time changes in the distribution network. The platform enables clients to effectively manage and optimize their energy planning, operations, and market strategies, ultimately supporting the development of smarter, more efficient, and sustainable energy networks.

Velofix

Private Equity Round in 2019
Velofix, established in 2013, is a Vancouver-based company specializing in mobile bike repair and sales. It operates a fleet of mobile bike shops, the largest in North America, providing convenient on-site services. Velofix offers bike repairs, maintenance, and sales through its mobile stores and online platform, enabling customers to schedule services at their location. Additionally, the company provides bike rentals and event organizing services. Velofix has been recognized for its growth and innovation, including being named EY Entrepreneur of the Year in 2018 and featured in prominent publications such as the New York Times and Entrepreneur Magazine.

Miovision

Convertible Note in 2018
Miovision Technologies Inc., established in 2005, specializes in traffic data collection and management solutions. Based in Kitchener, Canada, with an additional office in Cologne, Germany, the company serves traffic data collection firms, engineering firms, and government agencies globally. Miovision offers a suite of products, including Miovision Central for project management, Scout devices for data collection, and Miovision Traffic Data for analysis. Additionally, they provide tools to monitor and manage traffic signal performance, and Teal, a platform for goal tracking. Their solutions leverage computer vision and AI to help cities optimize traffic flow, reduce environmental impacts, and enhance transportation experiences for all users.

Communauto

Private Equity Round in 2016
Communauto is a car-sharing service that offers an alternative for individuals who do not require a vehicle on a daily basis. The company operates in several cities, including Kingston, Ottawa, Gatineau, Montreal (as well as Laval and Longueuil), Québec, Sherbrooke, Halifax, and Paris. It specializes in providing access to a diverse fleet of vehicles, including electric, station-based, and free-floating options, allowing customers to use cars without the need for a reservation. By promoting flexible urban mobility solutions, Communauto aims to meet the evolving needs of its users while contributing to a more sustainable transportation landscape.

Bboxx

Series C in 2016
Bboxx, established in 2010 and headquartered in London, specializes in designing, manufacturing, and distributing plug-and-play solar systems. The company's product range includes solar home systems, remote monitoring products, portable lights, radios, LED TVs, and phone chargers, along with installation and maintenance services. Bboxx serves customers in the UK and internationally through a network of distributors, focusing on enhancing access to energy in developing countries, particularly in Africa. The company aims to provide a western energy experience off-grid and in rural areas, combining access to electricity with superior customer service.

Bboxx

Venture Round in 2015
Bboxx, established in 2010 and headquartered in London, specializes in designing, manufacturing, and distributing plug-and-play solar systems. The company's product range includes solar home systems, remote monitoring products, portable lights, radios, LED TVs, and phone chargers, along with installation and maintenance services. Bboxx serves customers in the UK and internationally through a network of distributors, focusing on enhancing access to energy in developing countries, particularly in Africa. The company aims to provide a western energy experience off-grid and in rural areas, combining access to electricity with superior customer service.

Meteo Protect

Angel Round in 2015
Meteo Protect SAS is a Paris-based company that specializes in insurance and reinsurance brokerage solutions focusing on weather risk management. Established in 2011, the firm offers parametric insurance products designed to mitigate risks associated with adverse weather conditions, such as frost, water stress, input deficiency, and heat. The company operates as a subsidiary of Cooper Gay (France) SAS, following the acquisition of its technology platform and intellectual property. Meteo Protect provides services through an indirect distribution model via brokers and specialized insurers, and it has developed a certified software platform for underwriting and policy management. The firm has catered to clients across nine countries and launched the first Open Insurance API platform for parametric insurance in 2019, further enhancing its position in the market.

Miovision

Series B in 2015
Miovision Technologies Inc., established in 2005, specializes in traffic data collection and management solutions. Based in Kitchener, Canada, with an additional office in Cologne, Germany, the company serves traffic data collection firms, engineering firms, and government agencies globally. Miovision offers a suite of products, including Miovision Central for project management, Scout devices for data collection, and Miovision Traffic Data for analysis. Additionally, they provide tools to monitor and manage traffic signal performance, and Teal, a platform for goal tracking. Their solutions leverage computer vision and AI to help cities optimize traffic flow, reduce environmental impacts, and enhance transportation experiences for all users.

Potentia Renewables

Venture Round in 2010
Potentia Renewables is a developer and operator of renewable energy systems, focusing on creating environmentally sustainable solutions. The company specializes in the installation of solar photovoltaic panels on rooftops and ground-mounted systems, along with wind energy generation equipment. With a portfolio of over 700 installations totaling nearly 200 MW, Potentia aims to provide businesses and communities with affordable and eco-friendly electricity, reducing their dependence on fossil fuels. By employing low-cost technologies that harness natural resources, Potentia seeks to promote a cleaner energy future and contribute positively to the environment.
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