Pyfera Growth Capital

Pyfera is a private investment firm focused on high growth companies in technology and sustainability. The firm's entrepreneur friendly capital aims to support world class businesses while providing deep sector expertise.

Praveen K. Varshney

Director

13 past transactions

Ionomr

Seed Round in 2019
Ionomr Innovations Inc., based in Vancouver, Canada, specializes in the design and manufacture of advanced ion-exchange membranes and ionomer solutions. Founded in 2013, the company focuses on providing innovative materials for various applications, including water treatment and purification, grid-level energy storage, and clean energy generation under the brand Aemion. Ionomr's products are distinguished by their alkaline stability, strength, and versatility, enabling seamless integration into electrochemical systems. By replacing harmful fluorinated chemicals used in traditional materials with environmentally friendly hydrocarbon alternatives, Ionomr aims to enhance performance while reducing pollution at the source. The company is committed to promoting sustainable and resilient systems that support the renewable energy and circular chemical economies, ultimately contributing to the decarbonization of the planet.

Evanesce

Venture Round in 2019
Evanesce Packaging Solutions Inc., founded in 2016 and based in Vancouver, Canada, specializes in manufacturing biodegradable food packaging solutions. The company produces a range of products including trays, cups, bowls, and clam shells, specifically designed for meat, seafood, and fruits and vegetables. Recognizing the urgent need for sustainable packaging alternatives, Evanesce employs proprietary biodegradable technology to create compostable products that are competitive in terms of strength, insulation, and cost. The company has partnered with food processing equipment expert Franz Haas to enhance its production capabilities. Initially, Evanesce aims to address the significant demand for approximately 200 million food trays consumed daily in the United States, with production of trays expected to begin in mid-2018, followed by the introduction of additional packaging products.

DMG Blockchain Solutions

Venture Round in 2019
DMG Blockchain Solutions is a full service diversified blockchain and cryptocurrency company that manages, operates and develops end-to-end solutions to monetize the blockchain ecosystem. DMG intends to be the global leader in bitcoin mining hosting, Mining as a Service (MaaS), bitcoin mining, forensics and diversified blockchain platform development.

Ronin8

Venture Round in 2018
Ronin8 Technologies Ltd. operates a closed-loop recycling plant that specializes in recovering precious metals and high-value products from electronic waste. Utilizing a non-toxic, water-based sonic vibration technology, the company efficiently reclaims valuable materials, producing metal concentrates of gold, silver, copper, and palladium, along with long fiber and recycled plastics. Ronin8 processes various electronic waste streams, including printed circuit boards, solar panels, and lithium batteries, extracting both primary and rare metals. In addition to its recycling services, the company offers a mobile system designed for secure data destruction, catering to clients with stringent data security needs. Ronin8 also employs a real-time AI-based system to analyze printed circuit boards for metal content estimation. Founded in 2015 and headquartered in Vancouver, Canada, the company serves sectors involved in end-of-life recycling, commodities, and electronics manufacturing.

Pond Technologies

Venture Round in 2018
Pond Technologies Holdings Inc. is a Canadian technology company that specializes in producing microalgal biomass by utilizing carbon dioxide emissions from industrial sources. The company has developed a scalable carbon capture and utilization technology that allows for the rapid growth of algae in confined vessels. This innovative approach not only helps in reducing carbon emissions but also generates high-quality algae biomass. The resulting algae are transformed into various products, including nutraceuticals, superfoods, and animal feeds, as well as materials for biofoams and other algae-derived products. Additionally, Pond Technologies is involved in the terrestrial plant and cannabis industries, further diversifying its market applications. The company's operations are designed to be modular and scalable, with minimal land and water requirements, effectively closing the carbon loop and contributing to sustainable practices in industrial settings.

Ioticiti Networks

Venture Round in 2018
Ioticiti Networks Inc. is a wireless network provider focused on the trucking industry, specializing in the Internet of Things (IoT) for Machine-to-Machine communication. The company offers real-time services that enhance safety and operational efficiency, including asset tracking, monitoring of hours of service, temperature regulation, and door status alerts. With over 160 spectrum licenses acquired in the United States, Ioticiti covers the top 50 cities and a population of over 240 million. Additionally, it has secured spectrum licenses in Ontario and is approved for issuance in Quebec, positioning itself as a competitive alternative to national cellular carriers in both the U.S. and Canada. Headquartered in North Vancouver, Canada, Ioticiti aims to leverage technology and innovation to improve workplace safety and operational effectiveness in the trucking sector.

Flexiti

Debt Financing in 2017
Flexiti Financial Inc. is a sales financing company based in Toronto, Canada, with an additional office in Rosario, Argentina. Founded in 2013, Flexiti specializes in providing flexible sales financing options, including lower interest rates, longer payment terms, and revolving credit, primarily targeting the retail, health, and home improvement sectors. The company utilizes a mobile application process and patented ID scanning technology to facilitate point-of-sale financing for consumers, ensuring a quick and efficient application experience. Flexiti's focus on customer service and its robust credit policies enable high credit approval rates, allowing consumers to access promotional offers and shop conveniently at a network of retailers. By leveraging advanced technology and operational excellence, Flexiti aims to enhance the purchasing experience for customers while supporting business growth for its partners.
For greenhouse growers of high value crops, Ecoation Innovation Solutions provides the earliest possible detection of pests, diseases and deficiencies that affect crop value. We collect data on plant state directly from plant signals and predict crop health use proprietary AI software systems. Our system brings crop status to a Grower’s desktop or smart phone daily. With our system, Growers can take immediate actions that increase crop value, reduce operating costs and reduce pesticide use. Our made in Canada technology is available now with paid field trials underway in BC greenhouses.

LED Sign Supply, Inc.

Venture Round in 2017
LED Sign Supply is dedicated to providing high quality cost effective LED display.

Morgan Solar

Series C in 2016
Morgan Solar Inc began with a mission in 2007 – to develop highly efficient, low cost solar technology. Until now, all the real advancements in solar power always seem to be “10 years away”. John Paul Morgan, a Physics Engineer, with a background in optics, medical imaging and photovoltaics, developed an idea to make solar energy more affordable. His idea was to design an optical concentration system that would elegantly solve many of the problems of existing CPV systems. There first product to market, the Sun Simba HCPV, is designed for solar farm applications. Demonstration and test installations will begin in 2009, and our first commercial systems will be available in early 2010. The second set of products, the Sun Stream Window and the Sun Block Panel, are designed for building applications and smaller scale demonstration and test systems are also scheduled for 2009, with sales begining sometime after mid 2010.

Auracle Geospatial

Venture Round in 2016
Auracle Geospatial Science Inc. is a remote sensing and geospatial technology company based in Vancouver, Canada, founded in 2009. The company specializes in providing spatial information services, including geographic information systems, image processing, spatial analysis, and spatial modeling. Auracle develops systems that convert geospatial data from satellites, drones, and airborne sources into high-resolution visual representations of the Earth's surface and subsurface. Its offerings encompass satellite and airborne image acquisition, processing, interpretation, and geographic information systems. Auracle serves various industries, such as mineral and oil exploration, forestry management, and agriculture, by collecting, processing, and analyzing spatial data. The company aims to enhance how governments and companies visualize the Earth, facilitating deeper exploration and protection of critical infrastructure while promoting environmental stewardship.

Trimlock

Venture Round in 2016
TrimLock Acrylic Insulated Stucco Cladding provides the endurance of stucco and the benefits of insulation to a home’s exterior surface at an affordable price.

AMPD Technologies

Venture Round in 2016
AMPD's mission is to ‘reinvent' the Internet to properly support low-latency applications in environmentally conscious ways. Current cloud infrastructure doesn’t properly support the intense requirements of the latest multiplayer video games, cutting edge digital media production, nor the requirements of next-gen enterprises as they push the boundaries of big data analysis and visualization. AMPD's approach is collaborative and not prescriptive. Rather than offering a selection of pre-baked solutions, our team engages with you to understand your current technology and infrastructure, analyze how your infrastructure will scale, and then suggest ways in which it can be optimized from a performance, efficiency, and cost of ownership standpoint. We bring in expertise from our range of partner vendors to construct solutions to match the needs of your studio, your pipeline, your game, or your project.