Sustainable Development Technology Canada

Established in 2001, Sustainable Development Technology Canada (SDTC) is a Canadian organization that funds and supports innovative cleantech projects. It focuses on moving groundbreaking technologies to market, creating jobs, driving economic growth, and promoting environmental benefits. SDTC operates independently but collaborates with various stakeholders from private industry, academia, and governments.

Leo Bever Ph.D

Investment Director

Leah Lawrence

President and CEO

Vicky J. Sharpe

President and CEO

Past deals in Energy

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.

Aurora Hydrogen

Grant in 2023
Aurora Hydrogen develops clean, scalable hydrogen production technology that utilizes microwave energy to decarbonize transportation and industrial processes. The technology is designed to be adaptable for installations ranging from small fueling stations to large industrial facilities, aims to produce hydrogen with no carbon dioxide emissions and minimal water consumption, and seeks to reduce global carbon emissions through widespread deployment.

Peak Power

Grant in 2022
Founded in 2015, Peak Power is a cleantech company specializing in intelligent energy management solutions. Headquartered in Toronto with operations across North America, the company offers Peak Synergy, an AI-powered software platform that optimizes energy use and maximizes revenues from battery storage systems, grid-interactive buildings, and electric vehicles for commercial real estate and industrial customers.

Anodyne Chemistries

Grant in 2022
Anodyne Chemistries is a Vancouver-based company focused on the sustainable production of critical chemicals. Utilizing innovative biochemistry, Anodyne employs enzymes and renewable electricity to convert carbon dioxide and other bio-based feedstocks into valuable industrial chemicals, materials, and fuels. The company's breakthrough technology not only eliminates emissions but also transforms CO2 into products traditionally derived from fossil fuels, thereby addressing climate change and promoting carbon utilization. By engineering novel enzymes and developing bioelectric pathways, Anodyne aims to maximize carbon efficiency in chemical production, enabling clients to reduce costs and improve competitiveness in the market. Through its mission, Anodyne Chemistries seeks to create a climate-positive world by reimagining how emissions are recycled into useful products.

SPARK Microsystems

Grant in 2022
SPARK Microsystems is a fabless semiconductor company developing wireless transceiver technology for ultra-low power Internet of Things applications. Its patented solutions deliver higher data rates with lower power consumption and reduced latency, extending device battery life and enabling efficient wireless operation in energy-constrained environments.

Enedym

Grant in 2022
Enedym is a technology company developing next-generation switched reluctance motors (SRMs), ePowertrains, and motor controls. Headquartered in Hamilton, Ontario, Canada, Enedym aims to significantly reduce the cost of electric propulsion motors through novel SRM drive technologies.

Eavor Technologies

Venture Round in 2021
Eavor Technologies develops geothermal technology for clean, baseload power generation. Its proprietary Eavor-Loop™ system harvests heat from deep earth using wells to produce brine from a subsurface aquifer, enabling scalable heating applications with minimal environmental impact.

Environmental Material Science

Grant in 2021
EMS is a technological solution. They are dedicated to solving the environmental management and sustainability challenges faced by their customers.Their services include pipelines, consulting groups, pipeline service companies, refineries, small town municipalities, agricultural companies, and mining companies.

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.

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 offers intelligent and connected platforms for smart electric vehicle (EV) charging using AI and IoT technologies. The company's primary product, HIEV, enables utilities to manage EV-charging demand, balance loads, and integrate electromobility into existing grid infrastructure. Elocity serves power utilities, local distribution companies, municipalities, and EV charging network operators in North America and internationally.

Hydra Energy

Seed Round in 2020
Hydra Energy Corporation is a Canadian company based in Delta that specializes in providing clean combustion solutions through hydrogen as a service for fleet operators. Founded in 2012, the company retrofits diesel-powered heavy-duty vehicles to operate partially on hydrogen, thereby reducing fuel expenditures and lowering carbon emissions. Hydra Energy's innovative business model includes partnerships that facilitate hydrogen supply and fueling, allowing fleet operators to benefit from dual-fuel systems that can utilize both hydrogen and gasoline. This approach not only enhances operational efficiency but also supports the transition to cleaner transportation without imposing additional costs on the fleets it serves.

TROES

Seed Round in 2020
TROES is a Canadian company focused on developing advanced smart power energy storage technologies and solutions aimed at the middle-market sector, including project developers, power distributors, and consumers. The company addresses the challenges of traditional energy grids by providing modularized energy storage systems that enhance energy reliability and efficiency. TROES' innovative products empower commercial and industrial clients to lower energy costs, reduce carbon footprints, and improve the quality of electricity management. By leveraging its patented hardware and software, TROES enables users to access backup power and transportable energy, unlocking previously inaccessible project opportunities due to high costs and lack of expertise.

Anaergia

Grant in 2020
Anaergia Inc. is a Canadian company specializing in the generation of renewable energy through advanced anaerobic digestion of organic waste from municipal, agricultural, and industrial sources. It manufactures sustainable solutions that convert waste into renewable energy, fertilizers, and recycled water. The company provides a range of services, including municipal wastewater solutions, waste diversion strategies, and agri-food applications focused on nutrient management and water reuse. Anaergia operates through multiple segments, including Capital Sales, Services, and Build, Own, and Operate Projects, with the Capital Sales division being the primary revenue generator through the sale of proprietary technologies and services to municipalities, private entities, and project developers. The company serves a global market, with a presence in North America, Europe, and Asia, and its solutions are utilized in resource recovery facilities around the world.

Sawback Technologies

Pre Seed Round in 2020
Sawback Technologies provides near-surface sensing solutions designed to visualize and analyze underground and near-surface data across large areas and complex environments primarily for construction and energy projects. The company offers tools to simplify the collection, visualization, and automated identification of near-surface objects, enabling large-scale data gathering and near real-time analysis of subterranean information using off-the-shelf and custom sensors, and this approach supports rapid identification of buried environmental and infrastructure hazards that can affect excavations and worker safety while allowing clients to collect imagery and measurements and efficiently manage the resulting data collections.

EnerPure

Grant in 2019
EnerPure is a cleantech energy company focused on recycling waste petroleum into clean fuel and energy. The company has developed a proprietary technology that transforms waste oil into diesel fuel through a systematic process that includes pre-treatment, preparation of feedstock, and refining via distillation and filtration. This innovative approach not only provides a sustainable solution for waste oil disposal but also significantly reduces greenhouse gas emissions. By enabling clients to minimize their environmental impact, EnerPure contributes to cleaner energy solutions while fostering local employment opportunities.

BluWave-ai

Seed Round in 2019
BluWave-ai is a company focused on transforming the energy sector by promoting the use of distributed and renewable energy resources, electric transportation, and smart loads. Utilizing a software-as-a-service (SaaS) model, BluWave-ai leverages artificial intelligence to enhance the operation of smart grids and microgrids. Their platform enables real-time optimization of power generation and operation, allowing clients to predict electricity demand accurately and adapt to fluctuations in consumption and generation. This approach has led to significant savings in capital and operational costs for communities, corporations, and utilities, while also reducing their carbon footprints. BluWave-ai is committed to fostering universal access to affordable and sustainable energy and transportation systems, serving a diverse clientele that includes distribution utilities, enterprises, mining operations, campuses, and remote or off-grid communities worldwide.

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.

Cellufuel

Grant in 2019
CelluFuel Inc. is a Canadian company based in Halifax, incorporated in 2008, that specializes in the production of synthetic renewable fuels derived from forestry resources. The company focuses on the commercialization of innovative technologies for converting woody biomass into renewable diesel fuel, positioning itself as a pioneer in the North American renewable energy sector. By operating a synthetic renewable fuel refinery, CelluFuel aims to provide sustainable energy solutions that contribute to both economic growth and environmental sustainability. Its commitment to clean and renewable practices underscores the company's goal of making a significant impact on the energy landscape.

Enersion

Grant in 2019
Enersion is a research and development company focused on creating innovative solutions for cooling, heating, and electricity. The company specializes in the design of adsorption chillers that utilize nano-porous materials to convert waste heat into cooling, thereby eliminating the need for electrically powered compressors or synthetic refrigerants. Enersion's Tri-Generation technology enhances energy efficiency by converting waste heat from power generation into cooling, maximizing savings for clients. By using natural gas for efficient cooling and generating electricity from hot water, Enersion enables clients to access sustainable energy solutions at reduced costs, benefiting both the environment and their operational expenses.

Intelline

Grant in 2019
Intelline Inc. is a Canadian company based in Kitchener, specializing in the manufacturing of innovative diesel generators. Founded in 2017, Intelline focuses on enhancing power production efficiency, claiming that its generators achieve 40 percent better fuel efficiency than traditional models. The company offers a range of products, including the Modular Linear Generator, which converts combustion energy directly into electricity, and the Reconfigurable Linear Electric Motor, designed for manufacturing linear motors. Intelline's Cryocooler System serves various commercial applications. By facilitating the transition to sustainable fuels such as natural gas, biofuels, synthetic fuels, and hydrogen, Intelline aims to provide customers with diverse fuel options while mitigating the impact of fuel price fluctuations. This commitment to innovation positions Intelline as a key player in the drive toward more efficient and environmentally friendly power generation solutions.

Eavor Technologies

Grant in 2019
Eavor Technologies develops geothermal technology for clean, baseload power generation. Its proprietary Eavor-Loop™ system harvests heat from deep earth using wells to produce brine from a subsurface aquifer, enabling scalable heating applications with minimal environmental impact.

E3P Technologies

Grant in 2019
E3P Technologies specializes in the development of a compact, zero-emission compressor designed to mitigate methane leaks commonly associated with natural gas compression at well sites. By providing a solution that effectively eliminates these leaks, the company aims to help the oil and gas industries significantly reduce their overall greenhouse gas emissions during operations. E3P Technologies focuses on environmentally responsible technology that addresses critical challenges in emissions management within the energy sector.

MEG Energy

Grant in 2018
MEG Energy Corp. is a Canadian energy company specializing in sustainable in situ thermal oil production in the southern Athabasca region of Alberta. The company holds a 100% interest in approximately 750 square miles of mineral leases and primarily focuses on its Christina Lake Project, employing steam-assisted gravity drainage extraction methods to enhance oil recovery while reducing carbon emissions. MEG also operates significant midstream assets, including a 50%-owned joint venture, Access Pipeline, which connects the Christina Lake Project to transportation hubs, and the wholly-owned Stonefell Terminal, a 900,000 barrel storage facility. These assets enable MEG to optimize logistics and mitigate risks associated with pipeline constraints. Additionally, MEG is advancing innovative technologies like its Diluent Removal Facility and HI-Q® project, which aim to improve transportation efficiency and lower environmental impacts. Founded in 1999 and headquartered in Calgary, MEG Energy is well-positioned in the oil sands sector, supported by a skilled team dedicated to responsible energy development.

NRStor

Grant in 2017
Founded in Toronto, Canada in 2012, NRStor specializes in developing and operating energy storage projects. The company focuses on accelerating the commercialization of reliable, cost-effective energy storage technologies to facilitate the growth of renewable energy sources.

SPARK Microsystems

Grant in 2017
SPARK Microsystems is a fabless semiconductor company developing wireless transceiver technology for ultra-low power Internet of Things applications. Its patented solutions deliver higher data rates with lower power consumption and reduced latency, extending device battery life and enabling efficient wireless operation in energy-constrained environments.

Peak Power

Seed Round in 2017
Founded in 2015, Peak Power is a cleantech company specializing in intelligent energy management solutions. Headquartered in Toronto with operations across North America, the company offers Peak Synergy, an AI-powered software platform that optimizes energy use and maximizes revenues from battery storage systems, grid-interactive buildings, and electric vehicles for commercial real estate and industrial customers.

Heliene

Grant in 2017
Heliene is a solar panel manufacturer serving utility-scale, commercial, and residential markets. It designs and produces intelligent photovoltaic products and integrated module systems to meet customer needs, delivering high-quality modules at affordable costs. The company aims to be a valuable regional link in the Ontario solar power supply chain and serves the broader North American market, pursuing sustainable growth with comparatively lower debt and fixed costs.

QD Solar

Grant in 2017
QD Solar Inc., founded in 2014 and based in Toronto, Canada, is a company that develops advanced photovoltaic cells using colloidal quantum dot technology. The company's innovative approach combines efficient silicon solar cells with infrared solar cells in a hybrid architecture to capture more of the solar spectrum than traditional silicon cells alone. This technology aims to enhance the performance of solar cells, making them more cost-effective and efficient. QD Solar was spun off from the University of Toronto and focuses on creating new nanomaterial semiconductors to promote sustainable development and increase the use of renewable energy sources.

Opus One Solutions

Grant in 2016
Opus One Solutions is a software engineering and solutions company advancing the Connected Energy Internet with GridOS, a real-time operating system for the smart grid that integrates generation, storage, and demand with sensors, meters, and analytics to deliver enhanced situational awareness, supervisory control, and optimization of energy systems. The platform helps utilities improve grid reliability, power quality, utilization, and efficiency while supporting the transition to 100% clean energy. Its software enables transactive energy functionality, calculating locational marginal values of distributed energy resources and deploying dynamic topology processing to adapt to real-time switching and reconfiguration of the distribution network, thereby enabling optimized energy planning, operations, and market management and contributing to the development of intelligent, sustainable energy networks.

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., founded in 2014 and based in Toronto, Canada, is a company that develops advanced photovoltaic cells using colloidal quantum dot technology. The company's innovative approach combines efficient silicon solar cells with infrared solar cells in a hybrid architecture to capture more of the solar spectrum than traditional silicon cells alone. This technology aims to enhance the performance of solar cells, making them more cost-effective and efficient. QD Solar was spun off from the University of Toronto and focuses on creating new nanomaterial semiconductors to promote sustainable development and increase the use of renewable energy sources.

FORGE Hydrocarbons

Grant in 2016
FORGE Hydrocarbons produces drop-in renewable fuels using its proprietary Lipid-to-Hydrocarbon (LTH) technology. This process transforms waste fats and oils into hydrocarbons indistinguishable from petroleum-based ones, without requiring a catalyst or hydrogen. The company serves the renewable energy and transportation sectors.

ARDA Power

Grant in 2016
ARDA Power Inc. is a Canadian company specializing in the design and development of microgrid systems tailored for non-residential buildings. Founded in 2009 and based in Oakville, the company focuses on creating DC microgrid platforms that integrate battery storage and solar energy solutions. Its offerings include a comprehensive microgrid solution comprised of a control system, modular battery converter, and validated third-party components. ARDA Power's systems are designed to seamlessly integrate with existing building electrical infrastructure, accommodating various energy sources such as photovoltaic plants, gas generators, and multi-hour flow batteries. Utilizing direct current converter and microgrid control technologies, ARDA Power enables flexibility in modifying system components and adjusting energy sources and loads without significant redesign, fostering resilience and versatility in cleantech applications.

Loop Energy

Grant in 2016
Loop Energy Inc. specializes in the design, development, and marketing of electric and hydrogen fuel cell solutions, primarily targeting heavy-duty transportation applications. Founded in 2000 and based in Burnaby, Canada, the company aims to provide pollution-free transportation solutions that significantly reduce harmful gas emissions. Loop Energy's innovative fuel cell technology systems are designed for various applications, including backup power and portable solutions, offering a competitive cost of ownership compared to traditional heavy-duty diesel engines while eliminating the associated pollution burden. The company, previously known as PowerDisc Development Corp, rebranded as Loop Energy in February 2016.

General Fusion

Grant in 2016
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.

General Fusion

Venture Round in 2015
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.

Carbon Engineering

Grant in 2015
Carbon Engineering Ltd. is a clean energy company based in Squamish, Canada, that specializes in the development and commercialization of Direct Air Capture technology. Founded in 2009, the company focuses on capturing carbon dioxide (CO2) directly from the atmosphere, which allows for the management of emissions from a variety of distributed and mobile sources, including vehicles and buildings. Its innovative chemical-based CO2 air capture system integrates processes such as an air contactor and a regeneration cycle, enabling continuous capture and production of pure CO2. Carbon Engineering aims to convert captured CO2 into clean, affordable transportation fuels, addressing the global climate challenge by facilitating the deployment of its technology to help businesses reduce their carbon footprint and achieve net-zero targets.

Borealis GeoPower

Grant in 2013
Borealis GeoPower Inc. is a Canadian company, established in 2007 and headquartered in Calgary, that specializes in project consulting services for high temperature geothermal energy projects. The firm focuses on aiding the development of geothermal resources, contributing to the advancement of renewable energy solutions in Canada. Through its expertise, Borealis GeoPower aims to facilitate the efficient harnessing of geothermal energy, promoting sustainable energy practices and supporting the transition to cleaner energy sources.

Nexterra

Venture Round in 2009
Nexterra is a manufacturer of advanced gasification systems designed for thermal and cogeneration applications. The company specializes in enabling industrial and institutional facilities to self-generate clean and cost-effective heat and power using waste fuels, particularly renewable biomass such as wood waste. Nexterra's systems are characterized by their lower operational costs, design simplicity, reliability, and versatility, along with automated control systems that ensure ultra-low emissions compared to traditional combustion methods. In an environment of rising energy prices, Nexterra's technology provides customers with the opportunity to improve operating margins while reducing their reliance on fossil fuels and grid electricity, ultimately contributing to a significant reduction in carbon footprints.

General Fusion

Grant in 2009
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.
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