Sustainable Development Technology Canada

Sustainable Development Technology Canada (SDTC) is a venture capital investment firm based in Ottawa, established in 2001. The organization focuses on funding and supporting Canadian cleantech projects, helping companies advance innovative technologies to market. SDTC's investments span various sectors, including agriculture, energy efficiency, green buildings, transportation, and waste management. By fostering the growth of these companies, SDTC aims to create jobs, stimulate economic growth, and generate export opportunities while delivering environmental and health benefits to Canadians. Operating independently, SDTC collaborates with a diverse network of partners from private industry, academia, and government, both domestically and internationally, to enhance the impact of its initiatives. The organization receives funding from the Government of Canada to further its mission.

Leah Lawrence

President and CEO

Vicky J. Sharpe

President and CEO

Leo Bever Ph.D

Investment Director

Past deals in CleanTech

Solaires Entreprises

Debt Financing in 2025
Solaires Entreprises Inc, based in Victoria, BC, is a Canadian cleantech company dedicated to advancing solar technology. Comprising a team of 23 professionals, including scientists and engineers, Solaires focuses on developing next-generation solar cells that utilize perovskite materials instead of traditional silicon. This innovative approach not only aims to enhance energy conversion efficiency but also promotes a sustainable manufacturing process, making solar photovoltaics more affordable. The company's technology is designed to generate electricity from both indoor light and sunlight, with applications that include light-emitting diodes. Solaires' advancements are positioned to support the transition from fossil fuels to renewable energy, delivering high power conversion efficiency and stability while allowing processing in ambient environments.

Oneka Technologies

Grant in 2023
Oneka Technologies Inc. is a Canadian company specializing in the manufacture of wave-powered desalination systems that convert ocean water into potable water. Founded in 2015 and headquartered in Sherbrooke, Canada, with a testing site in Port St. Lucie, Florida, Oneka addresses the challenges of traditional desalination, which is often costly, inefficient, and environmentally harmful. By harnessing wave energy, Oneka's technology offers a sustainable and affordable solution to water scarcity, producing fresh water with zero greenhouse gas emissions and minimal land use. This innovative approach significantly reduces water costs—by up to 75%—for coastal communities and private islands, while delivering a low-maintenance and eco-friendly alternative in the growing desalination market.

Carbonova

Grant in 2023
Carbonova is a company focused on the development of carbon nanofibers, which have significant market applications due to their unique properties. The company has created a proprietary chemical process that converts carbon dioxide and waste heat from power plants into high-strength carbon fibers. This innovative approach allows industries to utilize greenhouse gas emissions as feedstocks, transforming them into sustainable and valuable solid commodities. By enhancing performance through its technology-based platform, Carbonova aims to contribute to environmental sustainability while providing economic benefits.

Arolytics

Grant in 2023
Arolytics is a software company that focuses on emissions management and regulatory compliance for the energy sector. It has developed a data management platform aimed at helping energy companies optimize their emission reduction strategies. The platform specializes in the enterprise management of methane data, integrating information from various emissions sensors and automatically generating compliance reports. Additionally, Arolytics' solution offers recommendations for pollution reduction, enabling energy firms to gain valuable insights into methane measurement and achieve lower costs in their emissions reduction efforts.

Synergraze

Grant in 2023
Synergraze focuses on the development and production of a natural cattle feed additive designed to reduce methane emissions from cattle. The company's innovative product aims to prevent the release of methane during digestion, thereby supporting farmers in adopting sustainable agricultural practices. By improving agricultural productivity while minimizing environmental impacts, Synergraze contributes to a more sustainable livestock industry.

Aurora Hydrogen

Grant in 2023
Aurora Hydrogen is focused on advancing hydrogen production technology that leverages efficient microwave energy to create clean hydrogen. This innovative approach is designed to decarbonize transportation and industrial processes, allowing for significant reductions in carbon dioxide emissions. The technology is highly scalable, making it suitable for a range of applications from small fueling stations to large industrial setups. Notably, Aurora Hydrogen's production process does not generate carbon dioxide or consume water, positioning the company as a key player in efforts to mitigate climate change by potentially reducing global carbon dioxide emissions by over 500 million tonnes annually.

Next Hydrogen Solutions

Grant in 2023
Next Hydrogen Solutions, established in 2007 and headquartered in Mississauga, Canada, specializes in the design and manufacture of electrolyzers. These devices use water and electricity to produce clean hydrogen, enabling efficient conversion of intermittent renewable power into a storable, emission-free energy source. The company offers a range of services, including installation, maintenance, training, and consulting, to support end users in their hydrogen production. Next Hydrogen Solutions aims to reduce clean hydrogen generation costs, facilitating its widespread adoption in decarbonizing the global economy.

3E Nano

Grant in 2023
3E Nano Inc. is a Canadian company that specializes in the development and commercialization of diamond-like carbon coatings designed to manage heat and light emission. Founded in 2006 and headquartered in Kitchener, the company produces optically and thermally tunable solar control coatings suitable for a range of applications, including windows, windshields, greenhouses, and other transparent media. Their low-cost, nano-thin film technology allows manufacturers to create energy-efficient products that contribute to greenhouse gas reduction. By focusing on innovative coatings for buildings and vehicles, 3E Nano aims to enhance energy management and sustainability in various industries.

Cyclic Materials

Grant in 2023
Cyclic Materials specializes in recycling services that focus on recovering rare earth elements, aiming to minimize the need for new mining and support the shift towards electric mobility and cleaner energy solutions. The company employs an innovative process to extract critical metals from landfill-bound products, which can then be reintegrated into the manufacturing supply chain. By providing these recovered materials, Cyclic Materials assists industries such as wind energy, electric vehicles, and electronics in reducing carbon dioxide emissions and enhancing local supply, ultimately promoting a circular economy and sustainable resource management.

Next Hydrogen Solutions

Grant in 2022
Next Hydrogen Solutions, established in 2007 and headquartered in Mississauga, Canada, specializes in the design and manufacture of electrolyzers. These devices use water and electricity to produce clean hydrogen, enabling efficient conversion of intermittent renewable power into a storable, emission-free energy source. The company offers a range of services, including installation, maintenance, training, and consulting, to support end users in their hydrogen production. Next Hydrogen Solutions aims to reduce clean hydrogen generation costs, facilitating its widespread adoption in decarbonizing the global economy.

KorrAI

Pre Seed Round in 2022
KorrAI is focused on addressing climate change by enhancing the resilience of critical infrastructure through innovative technology. The company has developed a satellite-based ground motion monitoring platform that detects changes in the Earth's surface, such as subsidence. By utilizing satellite data, the Internet of Things (IoT), and artificial intelligence, KorrAI provides accurate risk assessments and millimeter-scale movement tracking. This information enables clients to make informed decisions regarding the engineering and maintenance of vital structures, including bridges, dams, and highways. Through its integration of advanced technologies and data analytics, KorrAI aims to support the creation of more resilient infrastructure in the face of environmental challenges.

KorrAI

Grant in 2022
KorrAI is focused on addressing climate change by enhancing the resilience of critical infrastructure through innovative technology. The company has developed a satellite-based ground motion monitoring platform that detects changes in the Earth's surface, such as subsidence. By utilizing satellite data, the Internet of Things (IoT), and artificial intelligence, KorrAI provides accurate risk assessments and millimeter-scale movement tracking. This information enables clients to make informed decisions regarding the engineering and maintenance of vital structures, including bridges, dams, and highways. Through its integration of advanced technologies and data analytics, KorrAI aims to support the creation of more resilient infrastructure in the face of environmental challenges.

Green Graphite Technologies

Grant in 2022
Green Graphite Technologies focuses on developing an environmentally friendly process to purify natural flake graphite for use in electric vehicles. The company specializes in converting mined natural flake graphite and production scrap into battery-grade graphite suitable for lithium-ion batteries. By employing a sustainable approach, Green Graphite Technologies addresses the significant supply gap in the graphite market, thereby supporting the growing demand for electric vehicles. Their innovative technology aims to promote a cleaner and more efficient method of graphite production, contributing to the broader goal of sustainability in the battery industry.

Anodyne Chemistries

Grant in 2022
Anodyne Chemistries is focused on producing sustainable chemicals by utilizing nature's enzymes and renewable electricity. The company has developed innovative technologies that enable the transformation of carbon dioxide into valuable chemicals, materials, and fuels, traditionally derived from fossil fuels. By employing bioelectric pathways and engineering novel enzymes, Anodyne aims to maximize carbon efficiency in chemical production, thereby addressing climate change and reversing the carbon imbalance. Their approach not only eliminates emissions but also enhances cost-effectiveness for clients by enabling the biological conversion of carbon dioxide and bio-based feedstocks into various industrial chemicals. Based in Vancouver, Canada, Anodyne Chemistries is committed to creating a climate-positive world through advanced biochemistry and sustainable practices.

Nexus Robotics

Grant in 2022
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.

SolarSteam

Seed Round in 2022
SolarSteam is a hardtech startup focused on creating innovative renewable concentrated solar technology aimed at reducing the costs and emissions associated with heat generation. The company targets hard-to-abate industries, such as cement, steel, chemicals, food and alcohol production, and mining, which depend on high-temperature heat from carbon-intensive sources. By providing an alternative energy solution, SolarSteam enables these industries to transition to more sustainable practices while effectively addressing rising energy costs and minimizing their carbon footprint.

Enedym

Grant in 2022
Enedym is a technology company based in Hamilton, Ontario, specializing in the development of magnet-free switched reluctance motors (SRMs), ePowertrains, and motor controls. Originating from research at McMaster University, the company holds over 50 patents and pending applications related to its innovations in electric propulsion technology. Enedym aims to significantly reduce the cost of electric propulsion motors while enhancing their efficiency and reliability. Their electric motors are designed for high-speed performance, fault-tolerant operation, and can function effectively in harsh and high-temperature environments. By leveraging novel SRM drive technologies, Enedym seeks to transform the electric motor industry and provide clients with advanced, cost-effective electric solutions.

Promise Robotics

Grant in 2021
Promise Robotics is a construction technology company that focuses on integrating industrialized robotics and artificial intelligence into the building industry. By offering ready-to-deploy robotic systems and software-as-a-service (SaaS) production management services, the company aims to facilitate the construction of affordable and sustainable NetZero-ready timber buildings. This innovative approach accelerates manufacturing times and mitigates uncertainties typical in traditional construction methods. As a result, real estate developers can enhance their operational efficiencies through industrialized automation, ultimately promoting a more sustainable approach to building.

Nfinite Nanotech

Seed Round in 2021
Nfinite Nanotechnology is an advanced materials company specializing in open-air atomic layer deposition (ALD) technology. The company develops functional nanomaterials that facilitate the creation of sustainable solutions, including compostable and recyclable flexible food packaging, batteries, and photovoltaics. Nfinite's innovative nanocoating system produces large-area, high-quality ultrathin films significantly faster and more economically than conventional methods, enhancing the production capabilities for packaging manufacturers. By enabling the development of cost-effective, sustainable packaging, Nfinite Nanotechnology plays a crucial role in promoting environmental responsibility while ensuring product freshness and shelf-life.

Open Ocean Robotics

Grant in 2021
Open Ocean Robotics is a company focused on collecting ocean data using solar-powered autonomous boats. Founded in 2018 and based in Victoria, British Columbia, the company operates unmanned surface vehicles (USVs) equipped with sensors, cameras, and communication devices. These boats can gather information from various locations in the ocean, providing real-time data that can aid in protecting endangered whale species, optimizing shipping routes for fuel efficiency, combating illegal fishing, and enhancing understanding of climate change impacts. By offering a safe, efficient, and cost-effective alternative to traditional crewed vessels, Open Ocean Robotics enables clients to monitor ocean traffic and conduct marine observations effectively.

Polar Sapphire

Grant in 2021
Polar Sapphire Ltd. is a Toronto-based company that specializes in the manufacturing and sale of high-purity aluminum oxide powder, commonly known as alumina. The company produces alumina in purity levels ranging from 3N to 6N, offering various particle size distributions tailored for different applications. This high-purity powder serves as a crucial feedstock for the production of sapphire ingots, which are essential in the manufacturing of LED substrates. Additionally, Polar Sapphire's alumina is utilized in the production of high-purity engineered ceramics, polishing agents, abrasion-resistant coatings, and other non-LED applications. The company has developed a proprietary method to produce low-cost, high-purity alumina, enhancing its competitive position in the market.

Mikro-Tek

Grant in 2021
Mikro-Tek is an environmental biotechnology company based in Timmins, Ontario, focused on carbon project development and the supply of carbon offset credits. Since its inception in 2003, the company has implemented its technology in various land use projects, particularly in forestry. Mikro-Tek has successfully planted new forests across more than 7,500 hectares of unproductive land in Chile and has also engaged in reforestation initiatives in the Canadian boreal forest. These efforts have resulted in the generation of approximately 1.4 million carbon offset credits, which are available to industries aiming to meet their emission reduction goals in a sustainable manner. In addition to its carbon offset projects, Mikro-Tek produces naturally-occurring soil micro-organisms known as mycorrhizal fungi, further contributing to environmental sustainability.

Cobric Chemicals

Grant in 2021
Cobric Chemicals specializes in the commercialization and demonstration of clean-tech solutions, particularly in the waste recycling sector. The company collaborates with established waste management firms to enhance its market presence and minimize risks, thereby facilitating quicker profitability. Cobric has developed a proprietary high-temperature metal recovery process that efficiently extracts zinc from secondary sources. This innovative technology allows clients to implement and showcase clean-tech solutions while also licensing these technologies to specific users and markets. Through these efforts, Cobric Chemicals aims to advance sustainable practices in the recycling industry.

RainStick

Grant in 2021
RainStick is a company that has developed a WiFi-enabled shower system designed to significantly reduce water and energy consumption while maintaining a luxurious shower experience. Their innovative product recirculates and filters water, allowing users to save up to 80% in both water and energy usage. Additionally, the shower system includes features that track real-time water and energy savings, providing users with insights into their consumption patterns. By focusing on sustainability and advanced shower technology, RainStick aims to transform traditional showering practices into an eco-friendly experience.

Oneka Technologies

Grant in 2021
Oneka Technologies Inc. is a Canadian company specializing in the manufacture of wave-powered desalination systems that convert ocean water into potable water. Founded in 2015 and headquartered in Sherbrooke, Canada, with a testing site in Port St. Lucie, Florida, Oneka addresses the challenges of traditional desalination, which is often costly, inefficient, and environmentally harmful. By harnessing wave energy, Oneka's technology offers a sustainable and affordable solution to water scarcity, producing fresh water with zero greenhouse gas emissions and minimal land use. This innovative approach significantly reduces water costs—by up to 75%—for coastal communities and private islands, while delivering a low-maintenance and eco-friendly alternative in the growing desalination market.

Axine Water Technologies

Grant in 2021
Axine Water Technologies Inc. is a Vancouver-based company specializing in innovative wastewater treatment solutions. Established in 2010, it focuses on developing chemical-free systems that effectively treat high concentrations of complex, toxic organics and ammonia found in industrial wastewater. Utilizing a proprietary electrolytic oxidation technology, Axine's systems can address a broad range of pollutants, including phenols, pharmaceuticals, dioxins, and various organic compounds, without generating sludge or requiring chemical additives. The company aims to provide cost-effective and energy-efficient alternatives to traditional wastewater treatment methods, catering to industries such as oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management. Its solutions enable both industrial and municipal clients to enhance the performance and reduce the costs of their wastewater treatment processes.

Hydrogen Optimized

Grant in 2021
Hydrogen Optimized specializes in the development and commercialization of advanced large-scale green hydrogen production systems aimed at high-growth markets. The company’s flagship technology, the RuggedCell™ high-current water electrolysis system, is engineered to provide cost-effective green hydrogen essential for large industrial applications. By utilizing renewable energy to power its proprietary systems, Hydrogen Optimized enables industries to achieve economical hydrogen production, contributing to the transition towards sustainable energy solutions.

QEA Tech

Grant in 2021
QEA Tech is a software company that combines AI, drone technology, and thermal imaging to provide insights into the building envelope. They process thousands of images using its proprietary software, transforming each pixel into a comprehensive 3D model of the building for quantifiable data and insights. Using 10,000+ high-resolution drone images, proprietary QEA Tech software converts each pixel into quantifiable data and a comprehensive 3D model before uploading each image to the cloud-based dashboard for 24/7 access. The QEA System identifies where and how much energy is being wasted in a building's envelope, allowing you to prioritize repairs and calculate payback and ROI. The QEA Solution calculates Negawatt (NKwh), which quantifies energy gushers (heat and cool air escaping) through the walls, windows, doors, and roof of the building.

PyroGenesis Canada

Grant in 2021
PyroGenesis Canada Inc. specializes in the design, development, manufacturing, and commercialization of advanced plasma processes and systems. The company offers a range of innovative solutions for various industries, including metallurgical, mining, oil and gas, and environmental sectors. Key products include the DROSRITE process for enhancing metal recovery from dross, plasma atomized metal powders, and the PUREVAP process for producing high purity silicon. Additionally, PyroGenesis provides plasma torches for applications in waste treatment, nanotechnology, and advanced materials production, as well as systems for plasma arc gasification and waste destruction. The company is recognized for its engineering and manufacturing expertise, operating from a significant facility in Montréal, Canada, and serving clients across multiple countries.

Maxen

Pre Seed Round in 2021
Maxen is a Montreal-based company focused on reducing the environmental footprint of buildings by enhancing energy efficiency and operational management. The company develops management systems that allow building managers to optimize their operations and energy processes. Maxen's platform facilitates equipment audits compatible with computerized maintenance management systems, integrating seamlessly with clients' building management systems. This approach enables businesses to achieve centralized, structured, and accessible operations management, ultimately promoting sustainable practices within the built environment.

Elocity

Seed Round in 2020
Elocity is a cleantech company based in Toronto, Canada, founded in 2018. It specializes in developing intelligent technologies that facilitate smart electric vehicle (EV) charging through the integration of artificial intelligence and Internet of Things (IoT) capabilities. The company provides HIEV, a digital platform that assists utilities in managing EV charging demand and seamlessly integrates electromobility into existing electricity grid infrastructures and business processes. Elocity serves a diverse clientele, including power utilities, local distribution companies, municipalities, and EV charging network operators across North America and internationally. Its offerings include tools for load balancing and managing the charging ecosystem, which help clients access efficient charging infrastructure while optimizing costs and enhancing grid reliability. Additionally, Elocity has sales offices in Cypress, Texas; Dubai, United Arab Emirates; and Noida, India, with an engineering location in Bengaluru, India.

Solid State of Mind

Seed Round in 2020
Solid State of Mind specializes in developing autonomous artificial intelligence through its innovative platform, Deep Meaning™. The company focuses on creating artificial cognitive architectures that enable systems to adapt in real-time to dynamic environments. With a multidisciplinary team of experts in fields such as cognitive psychology, neuroscience, engineering, physics, and robotics, Solid State of Mind aims to deliver artificial general intelligence technology. This technology is designed to assist clients in creating robotic systems that contribute to reducing carbon dioxide emissions, aligning with environmental sustainability goals.

Summit Nanotech

Seed Round in 2020
Summit Nanotech Corporation is a cleantech company based in Calgary, Canada, that specializes in innovative lithium extraction methods aimed at supporting the global energy transition. Founded in 2018, the company has developed a patented direct lithium extraction (DLE) technology that offers a more sustainable and environmentally friendly approach compared to traditional extraction methods. By collaborating with mining companies and lithium asset owners in Chile and Argentina, Summit Nanotech aims to conserve natural resources while optimizing lithium production operations. Its focus on providing cost-effective solutions positions Summit Nanotech as a key player in the lithium supply chain, addressing industry challenges while minimizing environmental impact.

SeeO2 Energy

Seed Round in 2020
SeeO2 Energy is a company dedicated to converting carbon dioxide and water into marketable, clean value-added products through reversible fuel-cell technology. The company utilizes advanced electrolyzers that reliably generate gases such as hydrogen, carbon monoxide, and oxygen on-site. This innovative approach not only transforms greenhouse gas emissions into valuable assets but also enables customers to reduce their CO2 emissions. By employing high-performance reversible solid oxide cells, SeeO2 Energy's technology facilitates the electrochemical conversion of water into hydrogen, carbon dioxide into carbon monoxide, and the combination of CO2 and water to create syngas, a mixture of carbon monoxide and hydrogen. This process effectively stores excess carbon electricity in the form of fuels and chemicals, offering a sustainable solution for energy production.

Hydra Energy

Seed Round in 2020
Hydra Energy Corporation, based in Delta, Canada, specializes in providing hydrogen as a service to fleet operators, focusing on clean combustion in transportation. Founded in 2012, the company retrofits diesel-powered heavy-duty vehicles to operate partially on hydrogen, which significantly reduces fuel costs and carbon emissions. Hydra Energy's innovative model includes partnerships that facilitate hydrogen supply and fueling, allowing fleets to run more efficiently without incurring additional expenses. By offering fixed-term fuel supply contracts for dual-fuel systems that can utilize both hydrogen and gasoline, Hydra Energy helps commercial vehicle fleets transition towards more sustainable operations while promoting environmental benefits.

Evercloak

Seed Round in 2020
Evercloak Inc., founded in 2018 and based in Waterloo, Canada, specializes in the manufacturing of ultra-thin graphene and other two-dimensional nanomaterial films geared towards clean technology applications. The company employs a low-cost advanced manufacturing process that facilitates the continuous coating of single-layer nanomaterials. This innovative platform aims to support disruptive clean technologies across various sectors, including oil and gas, nuclear energy, mining, and agri-food. Evercloak's mission is to enhance energy efficiency in building cooling systems, thereby creating comfortable indoor environments while significantly reducing energy consumption and greenhouse gas emissions.

ReelData AI

Seed Round in 2020
ReelData AI specializes in developing artificial intelligence software tailored for the aquaculture industry. Based in Halifax, Canada, the company offers advanced monitoring solutions for fish farms, utilizing feed cameras to measure key metrics such as biomass, sea lice presence, and overall fish health in real-time. This technology enables fish farms to optimize their operations by providing crucial insights into weight distributions, feeding patterns, and growth analysis. By improving the efficiency of feed usage and enhancing fish health, ReelData AI aims to support aquaculture businesses in maximizing their productivity and sustainability. The company was established in 2019.

Phycus Biotechnologies

Seed Round in 2020
Phycus Biotechnologies Inc. is a Toronto-based company founded in 2017 that specializes in producing ingredients for the cosmetics and personal care industries, including bioglycolic acid and AHA ferment products. Additionally, the company operates a bio-conversion platform that focuses on capturing and converting carbon dioxide from large-scale emitters into valuable chemical building blocks. By employing microbial technology and metabolic engineering techniques, Phycus aims to provide sustainable alternatives for recycling carbon dioxide into fuels and chemicals. This innovative approach not only supports various industrial applications but also contributes to reducing the overall greenhouse gas footprint, aligning with environmental sustainability goals.

Miru Smart Technologies

Grant in 2020
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.

CryoLogistics

Grant in 2020
CryoLogistics Refrigeration Technologies, based in British Columbia, specializes in clean-tech cold chain equipment manufacturing. The company has developed a modular, liquid-cooled shipping container that utilizes carbon dioxide for refrigeration. This innovative container is designed to transport palletized loads of high-value, temperature-sensitive food and pharmaceuticals efficiently through the global supply chain. By offering rapid and reliable cooling power, CryoLogistics enables shippers to reduce transportation costs, improve delivery speed, and expand their customer base, all while minimizing total emissions compared to traditional refrigeration systems.

EcoPackers

Grant in 2020
EcoPackers Inc. is a Toronto-based company established in 2018 that specializes in the production and sale of biodegradable packaging materials. The company focuses on creating eco-resins derived from plants, offering a 100% biodegradable alternative to traditional plastic inputs. These eco-resins enable plastic manufacturers globally to develop innovative, non-toxic, and compostable single-use packaging solutions. Through its commitment to sustainability, EcoPackers aims to reduce the environmental impact of plastic packaging.

Anomera

Grant in 2020
Anomera is a company focused on sustainable manufacturing processes that convert wood pulp and waste from the forest industry into advanced bio-products. Its primary product is a natural cellulose ingredient designed for the cosmetic and skin care markets, offering a performance-enhancing alternative to traditional chemical components. Anomera's innovative approach includes developing carboxylated cellulose nanocrystals, which aim to replace plastic microbeads and silicates with biodegradable options. The company also has a roadmap of follow-on applications, such as DextraCel™ materials, which target various industries including environmentally friendly inks, coatings, composites, and medical/life sciences. Through its research and development, Anomera enables industries to adopt more sustainable practices while improving operational efficiency.

Alliance Magnesium

Funding Round in 2020
Alliance Magnesium Inc. is a Canadian company based in Brossard, founded in 2003, that specializes in the development of a patented electrolysis clean tech technology for producing magnesium from serpentine rock. The company aims to utilize hydroelectricity as a clean energy source to extract magnesium metal from tailings, thereby addressing environmental concerns associated with traditional magnesium production methods. By innovating on existing processes that are energy-intensive and predominantly used by producers in China, Alliance Magnesium seeks to offer a more sustainable solution for the automotive and aerospace industries.

Seaformatics Systems

Seed Round in 2020
Seaformatics Systems designs and manufactures power harvesting and wireless communication products for the ocean monitoring industry.

Power HV

Seed Round in 2020
Power HV is creating ground-breaking technology, decreasing greenhouse gas emissions and saving money along the way.

Absolute Combustion

Seed Round in 2020
Absolute Combustion International specializes in burner products and solutions, focusing on combustion technology and its applications across various industries. The company offers a range of services that include greenhouse gas reduction, air pollution control equipment, energy efficiency improvements, and fire-tube applications. Their innovative burner technology enhances the performance of industrial combustion systems while maintaining low emissions, benefiting sectors such as aerospace, oil and gas, and recycling. By prioritizing clean combustion advancements, Absolute Combustion aims to support a sustainable future and help companies minimize their environmental impact while improving production efficiency and workplace safety.

G2V Optics

Seed Round in 2020
G2V Optics Inc. is a manufacturer of LED solar simulators and commercial lighting automation products tailored for scientific applications, vertical farming, and industrial use. Established in 2015 and headquartered in Edmonton, Canada, the company focuses on developing innovative solutions to enhance food production while minimizing fresh water and land use. G2V Optics offers a range of products including horticulture lighting, pico solar simulators, and sunbrick solar simulators. Their technology enables growers—whether in greenhouses, vertical farms, or home settings—to monitor and optimize crop performance through multi-zone lighting and plant monitoring systems. By improving yield, quality, and operating costs, G2V Optics aims to support the growing global food demand with efficient, engineered sunlight solutions.

Fibracast

Grant in 2020
Fibracast is a manufacturer specializing in advanced purification systems for water and wastewater treatment. The company has developed FibrePlate™, an innovative hybrid ultrafilter that combines the advantages of hollow-fiber and flat-plate membranes into a compact and energy-efficient design. This technology addresses operational challenges in water treatment by effectively filtering impurities from wastewater, transforming it into potable water. Fibracast serves a diverse clientele across municipal, industrial, and commercial sectors, providing them with cutting-edge ultra-filtration solutions to enhance water quality.

RecycleSmart Solutions

Grant in 2020
RecycleSmart Solutions is a Canadian waste management company that specializes in optimizing recycling processes for businesses. It operates the largest container sensor system in Canada, providing real-time data and analytics to enhance hauling efficiencies, reduce costs, and increase waste diversion rates. By leveraging data-driven insights, RecycleSmart helps businesses streamline their waste collection and recycling operations, enabling them to maximize cost savings and simplify their daily processes.

Synauta

Grant in 2020
Synauta is a cleantech startup founded in 2018 that focuses on enhancing the efficiency of desalination processes through advanced technology. The company collaborates with innovators in desalination and water reuse across Europe, Australia, the Middle East, Southeast Asia, and North America, all united by the goal of minimizing energy and chemical consumption in water treatment. By employing machine learning and artificial intelligence algorithms, Synauta's solutions aim to optimize operations at desalination plants, allowing clients to achieve significant cost savings while improving productivity. The company estimates that its approach could lead to a reduction of 12 million tonnes of CO2 emissions annually in the global industry, contributing to a more sustainable future where energy and water resources are utilized more responsibly.

Solid State of Mind

Non Equity Assistance in 2020
Solid State of Mind specializes in developing autonomous artificial intelligence through its innovative platform, Deep Meaning™. The company focuses on creating artificial cognitive architectures that enable systems to adapt in real-time to dynamic environments. With a multidisciplinary team of experts in fields such as cognitive psychology, neuroscience, engineering, physics, and robotics, Solid State of Mind aims to deliver artificial general intelligence technology. This technology is designed to assist clients in creating robotic systems that contribute to reducing carbon dioxide emissions, aligning with environmental sustainability goals.

Enersion

Grant in 2019
Enersion is a research and development company focused on innovative cooling, heating, and electricity solutions. It specializes in the creation of an adsorption chiller that utilizes nano-porous materials to convert waste heat directly into cooling, thereby eliminating the need for electrically powered compressors and synthetic refrigerants. The company's Tri-Generation technology efficiently transforms waste heat produced during power generation into both cooling and electricity, optimizing energy use and reducing costs. By employing natural gas and harnessing heat in the form of hot water, Enersion's products enable clients to achieve sustainable cooling and energy solutions that are both environmentally friendly and economically advantageous.

EnerPure

Grant in 2019
EnerPure is a cleantech energy company focused on recycling waste petroleum into a clean source of fuel and energy. The company has developed advanced technology that processes waste oil through several stages, including pre-treatment, preparation of feedstock, and refining via distillation and filtration to produce diesel fuel. This innovative approach not only helps clients minimize the environmental impact associated with waste oil but also contributes to local employment opportunities. By transforming waste petroleum into usable energy, EnerPure plays a significant role in promoting sustainability and reducing greenhouse gas emissions.

JDRF Electromag

Grant in 2019
JDRF Electromag offers a self-configuring smart lighting solution. JDRF Electromag's Autonomy System eliminates every financial, technical, and operational barrier to the adoption of smart lighting. It enables smart lighting's energy-saving potential by making it affordable and accessible to virtually any commercial building. JDRF Electromag's comprehensive suite of advanced smart lighting features requires no design, programming, or maintenance.

Routific

Grant in 2019
Routific, Inc. is a provider of route optimization software designed to assist small and medium-sized delivery businesses in Canada and internationally. Headquartered in Vancouver, Canada, the company offers an intelligent delivery management solution that automates vehicle routing and scheduling operations. Inspired by the foraging behaviors of honey bees, Routific's platform features intelligent route optimization, dispatch and live tracking, and delivery notifications, enabling businesses to save time and fuel while reducing carbon emissions by 20-40%. By enhancing driver efficiency and customer satisfaction, Routific's technology is trusted by delivery companies worldwide to lower delivery costs and improve overall operational effectiveness.

C2CNT

Grant in 2019
C2CNT specializes in carbon dioxide conversion technology aimed at mitigating climate change. The company focuses on capturing carbon dioxide emissions from thermal power generation and various industrial processes, transforming this greenhouse gas into valuable carbon nanotubes. Through its innovative approach, C2CNT produces sustainable and high-quality carbon nanotubes from recycled carbon dioxide, contributing to environmental sustainability and enabling a reduction in the impacts of global warming. In addition to manufacturing these products, C2CNT also licenses its carbon capture technology, positioning itself as a key player in the effort to combat climate change.

Cellufuel

Grant in 2019
CelluFuel Inc. specializes in producing synthetic renewable fuels derived from forestry resources. Established in 2008 and headquartered in Halifax, Canada, the company is dedicated to advancing the commercialization of renewable liquid fuels across North America. It focuses on the development and deployment of innovative technology that converts woody biomass into renewable diesel fuel. By operating a synthetic renewable fuel refinery, CelluFuel aims to provide sustainable energy solutions that deliver both economic and environmental benefits.

BluWave-ai

Seed Round in 2019
BluWave-ai is a company focused on transforming the global energy landscape by promoting distributed and renewable energy resources, electric transportation, and smart loads. Utilizing a SaaS-based platform powered by artificial intelligence, BluWave-ai optimizes the operation of smart grids and microgrids, ensuring increased affordability, reliability, and sustainability. The platform enables real-time balancing of energy supply and demand, while accurately predicting electricity consumption and generation patterns through machine learning. By partnering with communities, corporations, and utilities, BluWave-ai has helped clients achieve significant savings in capital and operational costs, alongside reducing their carbon footprints. The company's mission is to facilitate universal access to affordable and sustainable energy and transportation systems, catering to a diverse range of clients, including distribution utilities, enterprises, mining operations, campus environments, net zero communities, and remote or off-grid locations worldwide.

Open Ocean Robotics

Grant in 2019
Open Ocean Robotics is a company focused on collecting ocean data using solar-powered autonomous boats. Founded in 2018 and based in Victoria, British Columbia, the company operates unmanned surface vehicles (USVs) equipped with sensors, cameras, and communication devices. These boats can gather information from various locations in the ocean, providing real-time data that can aid in protecting endangered whale species, optimizing shipping routes for fuel efficiency, combating illegal fishing, and enhancing understanding of climate change impacts. By offering a safe, efficient, and cost-effective alternative to traditional crewed vessels, Open Ocean Robotics enables clients to monitor ocean traffic and conduct marine observations effectively.

Genecis

Seed Round in 2019
Genecis is an early-stage organic waste processing startup that uses biotechnology to convert waste into biodegradable plastics and other high-value materials. It converts organic waste into PHA (Polyhydroxyalkanoate), a biodegradable, compostable, and non-toxic polymer that can be tuned to replace a wide variety of traditional plastics. PHA can be used for single-use plastics, clothing and textiles, automotive interiors, medical tools and products, and food contact applications.

Waste Robotics

Grant in 2019
Waste Robotics specializes in creating intelligent recycling robots designed to enhance the efficiency of waste processing in recycling facilities. By utilizing advanced technologies such as computer vision, deep learning algorithms, and artificial intelligence, the company's robots are capable of recognizing and extracting various types of waste materials, including organic matter, construction debris, and recyclables. This innovative approach aims to address the rising costs and scarcity of human labor in North American recycling centers, providing clients with adaptable robotic solutions that can streamline operations. Waste Robotics is committed to transforming the waste recycling industry by making facilities more efficient, safer, and capable of handling diverse waste streams.

TransRail Innovation Group

Grant in 2019
TransRail Innovation Group is a technology company specializing in sensor manufacturing and data solutions for the transportation logistics sector. They focus on North America's hazardous liquids rail transportation industry, addressing economic, regulatory, health, environmental, and safety challenges. The company offers sensor engineering services to enhance rail terminal operations and improve the efficiency, visibility, and security of product transportation, while also promoting safer infrastructure.

E3P Technologies

Grant in 2019
E3P Technologies specializes in the development of a compact, zero-emission compressor designed to address methane leaks commonly found in well-site natural gas compression. By focusing on the reduction of greenhouse gas emissions, E3P aims to assist the oil and gas industries in minimizing their environmental impact during operations. The company's innovative product offers a solution to enhance sustainability within the sector by effectively eliminating methane emissions associated with traditional compression methods.

Li-Cycle

Grant in 2018
Li-Cycle is a clean technology firm specializing in the resource recovery of end-of-life lithium-ion batteries. The company utilizes its proprietary Spoke and Hub recycling process, which involves two main components: the Spokes, where battery manufacturing scrap and used batteries are processed to produce black mass, and the Hubs, where this black mass is further refined to recover essential raw materials such as lithium carbonate, cobalt sulfate, and nickel sulfate. Li-Cycle's innovative approach aims to recover 80 to 100% of materials from lithium-ion batteries, promoting a sustainable and safe solution for the growing demand for critical battery resources.

Consolidated Biofuels

Grant in 2018
Consolidated Biofuels is a biodiesel manufacturing company based in Delta, British Columbia, Canada. The company specializes in producing biodiesel that meets relevant specifications by utilizing second-generation feedstock, including used restaurant grease and beef tallow from renderings. Their production facility in Metro Vancouver is equipped with an in-house laboratory, ensuring quality control and compliance with industry standards. Through this innovative approach to biofuel production, Consolidated Biofuels contributes to sustainable energy solutions while effectively recycling waste materials.

CarbiCrete

Grant in 2018
CarbiCrete is a Montreal-based company that specializes in carbon removal technology aimed at producing low-cost, sustainable building solutions. Founded in 2016 and headquartered in Westmount, Canada, the company has developed a process for creating cement-free, carbon-negative concrete. This innovative concrete utilizes industrial by-products and captured carbon dioxide, replacing traditional cement with steel slag and curing the mixture with carbon dioxide. This method not only prevents the greenhouse gas emissions typically associated with cement production but also permanently removes carbon dioxide from the atmosphere. By licensing its technology to precast concrete manufacturers, CarbiCrete enables businesses to significantly reduce their greenhouse gas emissions while promoting environmentally friendly construction practices.

Alliance Magnesium

Funding Round in 2018
Alliance Magnesium Inc. is a Canadian company based in Brossard, founded in 2003, that specializes in the development of a patented electrolysis clean tech technology for producing magnesium from serpentine rock. The company aims to utilize hydroelectricity as a clean energy source to extract magnesium metal from tailings, thereby addressing environmental concerns associated with traditional magnesium production methods. By innovating on existing processes that are energy-intensive and predominantly used by producers in China, Alliance Magnesium seeks to offer a more sustainable solution for the automotive and aerospace industries.

Ionomr Innovations

Grant in 2018
Ionomr Innovations Inc. is a Vancouver-based company specializing in the design, adaptation, and manufacture of advanced ion-exchange membranes and polymer technologies. Founded in 2013, Ionomr focuses on creating environmentally friendly materials that replace toxic fluorinated chemicals often used in electrochemical applications. Its flagship product line, Aemion, is designed for various applications, including water treatment, energy storage, and clean energy generation. The company’s innovative membranes are known for their alkaline stability, strength, and performance, enabling optimal integration into electrochemical systems. By providing solutions that enhance efficiency and reduce environmental impact, Ionomr aims to support the decarbonization of the planet and foster the development of sustainable systems in the renewable energy and circular chemical economies. Additionally, Ionomr offers chemical engineering services to further support its clients in achieving their operational goals.

KMX Technologies

Grant in 2018
KMX Technologies specializes in membrane distillation technology aimed at separating and recovering valuable chemicals while enhancing water treatment processes. The company focuses on applications in sectors such as mining, desalination, oil and gas, environmental remediation, and industrial waste management. By integrating its advanced membrane systems with conventional techniques like reverse osmosis and distillation, KMX Technologies improves the efficiency of separations, offering low-cost solutions for brine concentration and organic solvent recovery. This innovative approach not only supports the effective extraction of critical minerals and lithium but also presents next-generation opportunities for sustainable water treatment.

ClinnUp

Grant in 2018
ClinnUp is a clean-tech company by changing how municipal wastewater is treated by merging electricity with biological processes.

Springpower International

Grant in 2018
Springpower is a manufacturing company that specializes in producing clean cathode materials for battery manufacturers. The company focuses on developing and commercializing graphene and silicon nanomaterials specifically designed for lithium-ion batteries. These materials are engineered to require less water and energy during production, while also generating no wastewater, thereby eliminating the need for costly wastewater treatment processes. By providing these innovative and environmentally friendly materials, Springpower supports battery manufacturers in accelerating the development of electric vehicles, contributing to a more sustainable and cost-effective future in energy storage technologies.

Dundee Sustainable Technologies

Grant in 2018
Dundee Sustainable Technologies Inc. specializes in the development and commercialization of innovative hydrometallurgical processes aimed at treating complex and refractory materials in the mining sector. The company focuses on two proprietary processes: the CLEVR process, which extracts precious metals while simultaneously removing and stabilizing hazardous contaminants like arsenic, antimony, and cadmium, and the GlassLock process, which stabilizes arsenic and produces an environmentally compliant glass residue. These processes enable the extraction of precious and base metals from ores, concentrates, and tailings that conventional methods cannot efficiently handle due to metallurgical or environmental challenges. In addition to its technological offerings, Dundee Sustainable Technologies provides technical services to assist mining clients in evaluating various processing alternatives. Established in 1997 and headquartered in Montreal, Canada, the company was previously known as Nichromet Extraction Inc. and became Dundee Sustainable Technologies Inc. in January 2014. It operates as a subsidiary of Dundee Corporation.

NRStor

Grant in 2017
NRStor Inc., established in 2012 and headquartered in Toronto, Canada, specializes in developing, owning, and operating energy storage projects. The company focuses on accelerating the commercialization of reliable, cost-effective energy storage technologies, bridging the gap between electricity demand and renewable energy sources. NRStor serves a diverse range of clients, including grid operators, commercial entities, and utilities across North America, providing turn-key energy-as-a-service solutions. These solutions include stand-alone energy storage systems, renewable coupled systems, and microgrids, all centrally managed through a state-of-the-art operational platform. NRStor's business model involves building, owning, and operating these projects, requiring no upfront capital or operational expertise from its customers.

Morgan Solar

Grant in 2017
Morgan Solar Inc., founded in 2007, aims to create efficient and cost-effective solar technologies. The company's founder, John Paul Morgan, a Physics Engineer with expertise in optics and photovoltaics, developed an innovative optical concentration system to address challenges in existing concentrated photovoltaic (CPV) systems. Morgan Solar's initial product, the Sun Simba HCPV, targets solar farm applications, with commercial availability expected in early 2010 after demonstration installations began in 2009. Additionally, the company has introduced products like the Sun Stream Window and the Sun Block Panel for building applications, with sales anticipated to start after mid-2010. Morgan Solar also offers advanced sunlight management systems designed for both utility and architectural solar sectors, utilizing ray tracing software for modeling urban environmental factors and an IoT sensor with a data analytics portal to meet clients' energy needs.

Acceleware

Grant in 2017
Acceleware Ltd. is a Canadian clean-tech company focused on developing innovative technologies for the oil and gas industry, specifically in heavy oil and oil sands production. It operates through two main segments: Radio Frequency (RF) Heating and High-Performance Computing. The RF Heating segment is dedicated to the development of RF XL, a patented low-cost, low-carbon production technology that aims to significantly reduce greenhouse gas emissions and environmental impact while enhancing extraction efficiency. This technology does not require water or solvents and features a flexible, small physical footprint. The High-Performance Computing segment provides advanced software solutions, including seismic imaging tools and electromagnetic modeling applications, along with consulting and training services. Acceleware is committed to promoting cleaner energy production and has partnered with the Saa Dene Group to enhance the adoption of its technologies while aligning with environmental and Indigenous values. Founded in 2004 and headquartered in Calgary, Acceleware is positioned at the intersection of technology and sustainability in the energy sector.

PurLucid Treatment Solutions

Grant in 2017
PurLucid Treatment Solutions is a North American company specializing in innovative water and wastewater treatment systems. It focuses on serving industries such as heavy oil, mining, forestry, and other industrial sectors. The company has developed proprietary technologies that enhance hydrocarbon recovery and provide ultra-filtered water, effectively removing water and solids during the oil recovery process. By offering advanced solutions for water treatment, PurLucid aims to address the specific needs of its clients while promoting sustainable practices in resource-intensive industries.

Meta Materials

Grant in 2017
Meta Materials is a platform technology company that specializes in the invention, design, development, and manufacturing of advanced sustainable materials. The company collaborates with original equipment manufacturers (OEMs) across various industries, utilizing its extensive technology platform that includes holography, lithography, and wireless sensing, all driven by software and artificial intelligence. Meta Materials delivers high-performance solutions for applications in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. Its notable products include NANOWEB, a transparent conductive film, as well as holoOPTIX, ARfusion, metaAIR, and glucoWISE, which enable global brands to create innovative and impactful products for their customers.

3E Nano

Grant in 2017
3E Nano Inc. is a Canadian company that specializes in the development and commercialization of diamond-like carbon coatings designed to manage heat and light emission. Founded in 2006 and headquartered in Kitchener, the company produces optically and thermally tunable solar control coatings suitable for a range of applications, including windows, windshields, greenhouses, and other transparent media. Their low-cost, nano-thin film technology allows manufacturers to create energy-efficient products that contribute to greenhouse gas reduction. By focusing on innovative coatings for buildings and vehicles, 3E Nano aims to enhance energy management and sustainability in various industries.

E2metrix

Grant in 2017
E2metrix Inc. specializes in the design, development, and manufacturing of advanced wastewater treatment systems, utilizing its proprietary electrolysis technology platform, ECOTHOR. Founded in 2011 and headquartered in Sherbrooke, Canada, the company focuses on addressing the needs of various industries, including municipal water treatment, food processing, dairy, mining, and pulp and paper. E2metrix’s innovative solutions are designed to remove targeted contaminants such as phosphorus and ammonia, while also facilitating resource recovery. With a strong emphasis on technological advancement, E2metrix aims to provide effective and sustainable options for wastewater management across multiple sectors.

Sustane

Grant in 2017
Sustane is a cleantech company focused on transforming municipal waste into valuable resources. By employing innovative technologies, Sustane converts solid waste streams into high-value fuels and recyclable materials. This process not only helps clients manage waste more efficiently but also assists in reducing reliance on landfills. Through its waste-transformation technology, Sustane aims to provide sustainable solutions that benefit both the environment and the economy.

QD Solar

Grant in 2017
QD Solar Inc. is a Canadian company based in Toronto that specializes in the development of advanced photovoltaic cells utilizing colloidal quantum dot technology. Founded in 2014 as a spinoff from the University of Toronto, QD Solar combines silicon solar cells with infrared solar cells in a hybrid architecture. This innovative approach allows the company to capture a broader range of the solar spectrum compared to traditional silicon cells alone. By enhancing the efficiency of solar energy harvesting, QD Solar aims to address the competitive pressures in the solar photovoltaic market, where differentiation through improved performance at competitive costs is essential. The company's technology promotes sustainable development and aims to increase the adoption of renewable energy sources.

Airex Energy

Venture Round in 2017
Airex Energy Inc. is a Canadian company based in Laval, established in 2008, that specializes in biomass torrefaction technology. The company has developed a proprietary cyclonic bed reactor known as CarbonFX, which allows for the large-scale production of biocoal from various feedstocks, including woody biomass and agricultural waste. Airex Energy's technology not only produces biocoal but also generates other carbonized products such as biochar, contributing to the reduction of carbon emissions and helping clients achieve net-zero emissions. Through its innovative approach, Airex Energy aims to address environmental challenges while providing sustainable energy solutions.

GBatteries

Grant in 2017
GBatteries is focused on advancing battery technology specifically for electric vehicles. The company has developed a method that allows lithium-ion batteries to charge significantly faster, comparable to the time it takes to refuel a gasoline tank, while maintaining the longevity of the battery. This innovation does not alter the battery's chemistry or manufacturing processes, thus offering a practical solution for consumers looking to transition from internal combustion engines to electric vehicles. By improving charge times and cycle life, GBatteries aims to enhance the overall user experience and adoption of electric vehicles.

Advonex International

Venture Round in 2016
Advonex International specializes in producing plant-based hydrocarbons aimed at enhancing performance across various personal care and industrial applications. By utilizing non-GMO, sustainably grown seed crops such as canola, soybeans, corn, palm, and coconut, the company offers cost-effective alternatives to traditional materials like waxes, petrolatum, and mineral and silicone oils. Their focus on sustainability and innovation positions them as a valuable partner for businesses seeking to improve their product offerings while contributing to a more sustainable world. The company's dedicated team and flexible operational approach are central to its competitive advantage, enabling the development of effective solutions tailored to client needs.

Axine Water Technologies

Grant in 2016
Axine Water Technologies Inc. is a Vancouver-based company specializing in innovative wastewater treatment solutions. Established in 2010, it focuses on developing chemical-free systems that effectively treat high concentrations of complex, toxic organics and ammonia found in industrial wastewater. Utilizing a proprietary electrolytic oxidation technology, Axine's systems can address a broad range of pollutants, including phenols, pharmaceuticals, dioxins, and various organic compounds, without generating sludge or requiring chemical additives. The company aims to provide cost-effective and energy-efficient alternatives to traditional wastewater treatment methods, catering to industries such as oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management. Its solutions enable both industrial and municipal clients to enhance the performance and reduce the costs of their wastewater treatment processes.

NextGrid

Grant in 2016
NextGrid specializes in the development and manufacturing of a micro-steam turbine combined heat and power (CHP) system designed for multi-residential and small commercial applications. This innovative system utilizes advanced turbine and combustion technologies to deliver hot water and electricity with significantly enhanced fuel efficiency, achieving up to 50 percent higher efficiency compared to conventional water heaters. The CHP system is particularly beneficial for markets such as hotels, multi-unit residential buildings, and various commercial operations, as it helps reduce electricity transportation and distribution losses, resulting in cost savings for users and promoting more sustainable energy practices.

QD Solar

Seed Round in 2016
QD Solar Inc. is a Canadian company based in Toronto that specializes in the development of advanced photovoltaic cells utilizing colloidal quantum dot technology. Founded in 2014 as a spinoff from the University of Toronto, QD Solar combines silicon solar cells with infrared solar cells in a hybrid architecture. This innovative approach allows the company to capture a broader range of the solar spectrum compared to traditional silicon cells alone. By enhancing the efficiency of solar energy harvesting, QD Solar aims to address the competitive pressures in the solar photovoltaic market, where differentiation through improved performance at competitive costs is essential. The company's technology promotes sustainable development and aims to increase the adoption of renewable energy sources.

Forge Hydrocarbons

Grant in 2016
Forge Hydrocarbons Corporation is a Canadian company that specializes in producing drop-in renewable diesel fuel using its proprietary Lipid-to-Hydrocarbon (LTH) technology. Founded in 2012 as a spin-off from the University of Alberta, Forge transforms waste fats and low-value organic oils, such as yellow and brown grease, into hydrocarbons that closely resemble traditional petroleum-based products. This innovative approach allows for the efficient production of hydrocarbon fuels, solvents, and chemicals, while significantly reducing emissions compared to conventional petroleum production and combustion. The company targets various sectors, including renewable energy, transportation, and government funding, contributing to cleaner energy solutions. Based in Oakville, Canada, Forge Hydrocarbons aims to provide a sustainable alternative in the energy market.

Quantiam Technologies

Grant in 2016
Quantiam Technologies, Inc. is a manufacturing technology company based in Edmonton, Canada, specializing in advanced materials, catalysts, coatings, and surfaces designed for extreme-operating environments and energy-related applications. The company develops high-performance coatings for complex internal surfaces, particularly in tubular shapes, with significant production capacity. Quantiam’s products cater to various industries, including aerospace, automotive, mining, and chemical processing, focusing on applications that enhance wear resistance and energy efficiency. In addition to manufacturing, Quantiam offers technical services for characterizing nanomaterials and surfaces, as well as consulting in advanced materials and performance analysis. The company's innovations contribute to reducing energy consumption and emissions, aligning with the needs of the petrochemical, hydrocarbon upgrading, and cleantech sectors. Founded in 1998, Quantiam continues to advance its product offerings to meet the demands of diverse markets domestically and internationally.

Thetis

Grant in 2016
Thetis constructs the cross-flow filtration system. It improved and verified the unique, ground-breaking PermaFluxTM technology. They use membranes for reverse osmosis, ultrafiltration, microfiltration, and other types of water filtration.

Loop Energy

Grant in 2016
Loop Energy Inc. specializes in designing, developing, and marketing electric and hydrogen fuel cell solutions aimed at heavy-duty transportation applications. Founded in 2000 and headquartered in Burnaby, Canada, the company focuses on creating pollution-free transportation technologies that significantly reduce harmful emissions. Its fuel cell systems are versatile, catering to various applications including backup power and portable uses. By integrating electric and hydrogen technologies, Loop Energy enables organizations to replace heavy-duty diesel engines with more sustainable alternatives, offering a competitive cost of ownership while minimizing environmental impact.

General Fusion

Grant in 2016
General Fusion Inc. is a Canadian company focused on the development of commercial Magnetized Target Fusion (MTF), a promising hybrid approach that combines elements of magnetic fusion and inertial confinement fusion. Founded in 2002 and based in Burnaby, the company aims to create utility-scale fusion power plants that can provide clean, safe, and abundant energy. General Fusion is pioneering a patent-pending concept that leverages advancements in MTF, which has seen limited exploration since the 1970s. The company is dedicated to demonstrating and commercializing this innovative energy solution by the end of the decade. It is supported by a network of global energy venture capital firms, industry leaders, and technology innovators, all working to reduce technical risks and accelerate the path to viable fusion energy.

Svante

Grant in 2016
Svante Inc., established in 2007 and headquartered in Burnaby, Canada, specializes in carbon capture and removal solutions. The company develops and manufactures novel solid sorbents, structured adsorbent filters, and rotary contactor machines for post-combustion industrial carbon capture and direct air capture. Svante's leading-edge technology captures and concentrates CO2 from heavy industries' emissions and the atmosphere, enabling customers to reduce capital costs and energy consumption. The company partners with global CCUS stakeholders to scale the industry and facilitate source-to-sink carbon capture projects.

Char Technologies

Grant in 2015
CHAR Technologies is a cleantech development and services company that specializes in high-temperature pyrolysis, transforming woody materials and organic waste into renewable gases, including renewable natural gas, green hydrogen, and biocarbon. The company produces a proprietary activated charcoal-like material known as SulfaCHAR, which effectively removes hydrogen sulfide from gas streams, particularly methane-rich and odorous air. Once utilized in gas cleaning applications, SulfaCHAR can be repurposed as a sulfur-enriched biochar, serving as a valuable soil amendment for agricultural use. In addition to its core pyrolysis and biochar production activities, CHAR Technologies offers custom industrial water treatment solutions and provides expertise in environmental compliance, management, site investigation, remediation, engineering, and resource efficiency, positioning itself as a leader in innovative environmental solutions.

General Fusion

Venture Round in 2015
General Fusion Inc. is a Canadian company focused on the development of commercial Magnetized Target Fusion (MTF), a promising hybrid approach that combines elements of magnetic fusion and inertial confinement fusion. Founded in 2002 and based in Burnaby, the company aims to create utility-scale fusion power plants that can provide clean, safe, and abundant energy. General Fusion is pioneering a patent-pending concept that leverages advancements in MTF, which has seen limited exploration since the 1970s. The company is dedicated to demonstrating and commercializing this innovative energy solution by the end of the decade. It is supported by a network of global energy venture capital firms, industry leaders, and technology innovators, all working to reduce technical risks and accelerate the path to viable fusion energy.

Carbon Engineering

Grant in 2015
Carbon Engineering Ltd. is a clean energy company based in Squamish, Canada, founded in 2009. It specializes in developing and commercializing Direct Air Capture (DAC) technology, which captures carbon dioxide (CO2) directly from the atmosphere. The company's innovative approach allows large facilities to manage emissions from various sources, including vehicles, airplanes, and buildings, thereby addressing a significant portion of global emissions. Carbon Engineering's technology integrates processes such as an air contactor and a regeneration cycle, enabling continuous capture of atmospheric CO2 and the production of pure carbon dioxide. Additionally, the company focuses on converting captured CO2 into clean and affordable transportation fuels, aiming to contribute effectively to climate solutions and assist businesses in meeting net-zero targets.

Steeper Energy

Grant in 2015
Steeper Energy specializes in the development of advanced biofuels derived from low-value biomass, including agricultural and forestry residues, as well as urban organic waste. The company's proprietary Hydrofaction™ process effectively converts this biomass into renewable transport fuels with high energy density, facilitating a transition to low-carbon alternatives for the heavy transport sector, which includes trucking, marine, and aviation industries. As global efforts intensify to reduce carbon emissions from fossil fuels, Steeper Energy's technology addresses a critical need by providing a sustainable solution that integrates into existing infrastructure. This innovative approach not only helps mitigate climate change impacts but also creates value-added products from organic waste. With an experienced team and strong industrial partnerships, Steeper Energy is positioned as a leader in advancing a low-carbon transport future.

Orbite Technologies

Grant in 2015
Orbite Technologies is a Canadian company focused on mineral processing and resource development, specializing in clean technology. The company employs innovative and proprietary processes to produce high-value products, including alumina, rare earth oxides, and rare metal oxides, while aiming to maintain low production costs and sustainability. Its feedstocks encompass a range of materials such as aluminous clay, kaolin, bauxite, and waste residues. Orbite is finalizing its first commercial high-purity alumina production plant in Cap-Chat, Québec, and has completed basic engineering for a proposed smelter-grade alumina plant utilizing clay from its Grande-Vallée deposit. The company holds a portfolio of 16 intellectual property families, with patents granted in several countries, supporting its technological advancements. Additionally, Orbite operates a technology development center in Laval, Québec, where it continues to refine and validate its processes.

ElectroKinetic Solutions

Grant in 2014
ElectroKinetic Solutions is engaged in the development of innovative technologies aimed at dewatering and decontaminating materials through electrokinetic applications. The company specializes in addressing challenging industrial scenarios, including the management of difficult-to-dewater slurries, sludge, and unstable clay soil conditions. Its technology is particularly beneficial for oil sand producers, assisting them in managing tailings from oil sands and various mining operations. By leveraging electrokinetics, ElectroKinetic Solutions seeks to enhance efficiency and effectiveness in environmental management and resource extraction.

GaN Systems

Grant in 2011
GaN Systems Inc. is a semiconductor company based in Ottawa, Canada, specializing in the development and manufacturing of gallium nitride power switching transistors. The company offers a variety of products, including 650 V and 100 V E-HEMT transistors and wireless power amplifiers, which are utilized in diverse applications such as consumer electronics, industrial systems, renewable energy sources, and transportation power conversion. GaN Systems aims to address significant challenges in power system efficiency and size limitations, enabling industries to reduce costs and enhance energy efficiency. The company serves a global market, including manufacturers in Japan, Taiwan, and China, with additional offices in Japan, China, and Germany. Established in 2008, GaN Systems continues to innovate in the clean technology power conversion sector.
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