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

Michael Brown

Investment Committee Member

Leah Lawrence

President and CEO

Timon LeDain

Vice President, Operations

Vicky J. Sharpe

President and CEO

Past deals in Oil and Gas

Arolytics

Grant in 2023
Arolytics is a software company specializing in emissions management and regulatory compliance for the energy sector. It offers a data management platform that enables enterprise management of methane data by aggregating and synthesizing inputs from diverse emissions sensors, automatically generating regulatory compliance reports, and suggesting actions to reduce pollution, thereby helping energy firms gain insights into methane measurements and achieve emissions reductions more efficiently.

Validere

Grant in 2021
Validere Technologies Inc. is a Toronto-based company that specializes in providing critical information about liquids through innovative measurement, reporting, and verification solutions. Founded in 2015, Validere develops portable devices, including the Validere Identifier, which assesses the hazardous nature of liquids by referencing a comprehensive library. Additionally, the company offers EDGE Connect, a platform that facilitates secure connections between buyers and sellers, enabling the discovery of arbitrage opportunities. Validere's main focus is on liquid fingerprinting, industrial process monitoring, and optimizing logistics within the energy sector. By delivering accessible and verifiable testing data, Validere aids organizations in making informed business decisions and enhances the accuracy of crude oil testing, ensuring accountability and quality across operations. The company's expertise in emissions management and tracking further positions it as a valuable partner for energy companies seeking to improve their financial and environmental performance.

Flyscan

Grant in 2021
Flyscan Systems Inc. is a Québec-based company established in 2015, specializing in the development of airborne technology for detecting oil leaks in pipelines. The company's innovative platform automates the identification of small oil leaks and offers various visual inspection functions tailored for the energy sector. By utilizing industrial optics and photonics systems mounted on airborne vehicles, Flyscan provides remote detection services that enable clients to monitor underground pipelines effectively. This technology helps clients promptly address any leakages, thereby mitigating potential environmental damages.

Axine Water Technologies

Grant in 2021
Axine Water Technologies Inc. is a Vancouver-based company specializing in innovative wastewater treatment solutions. Established in 2010, the firm focuses on developing chemical-free systems designed to address high concentrations of complex and toxic organic pollutants, including phenols, pharmaceuticals, and ammonia, in industrial wastewater. Utilizing proprietary electrolytic oxidation technology, Axine's systems effectively treat various pollutants in a single step without the need for chemicals or the production of sludge. The company's solutions cater to a diverse range of industries, including oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management, helping clients reduce costs and enhance the performance of their wastewater management processes.

PyroGenesis

Grant in 2021
PyroGenesis designs, develops, manufactures, and commercializes advanced plasma processes and systems for defense, metallurgical, mining, advanced materials, oil and gas, and environmental industries. Headquartered in Montreal, it provides products and solutions such as DROSRITE for metal recovery from dross, plasma atomized metal powders, PUREVAP silicon production from quartz, plasma torches for waste treatment and high-purity materials production, plasma arc gasification and waste destruction systems, and custom reactors and furnaces, along with related services. PyroGenesis positions itself as a leading developer and supplier of turnkey plasma process equipment and contract research for global clients.

Hifi Engineering

Grant in 2020
HiFi Engineering Inc. specializes in the development of advanced fiber optic sensing systems, hardware, and visualization software designed for downhole and pipeline applications. Founded in 2007 and headquartered in Calgary, Canada, the company offers a range of products, including its HDS MiCro tool for downhole flow monitoring and the HDS MaCro system for permanent pipeline and reservoir monitoring. HiFi Engineering’s systems are tailored for oil and gas service companies in North America, focusing on critical applications such as reservoir monitoring, well integrity assessment, and leak detection. The company’s technology is supported by over 33 patents, showcasing its commitment to innovation in the field. With a team of experienced electrical and software engineers, HiFi Engineering emphasizes the delivery of high-quality data through its cutting-edge sensing technology and software platforms.

Evercloak

Seed Round in 2020
Evercloak is a Waterloo, Canada-based materials company that develops ultra-thin graphene and other 2D nanomaterial films for cleantech applications. It employs a low-cost manufacturing platform to produce continuous coatings and ultra-thin membranes, enabling energy-efficient technologies across oil and gas, nuclear, energy, mining and agriculture sectors. The company aims to reduce energy use and greenhouse gas emissions by cooling buildings without warming the planet, delivering solutions that improve indoor comfort and support sustainable building operations.

Qube Technologies

Grant in 2020
Qube Technologies develops IoT devices powered by AI for detecting and reducing greenhouse gas emissions at oil and gas facilities. Its technology employs machine learning and edge computing to continuously measure and detect emissions, enabling cost-effective regulatory compliance.

Absolute Combustion

Seed Round in 2020
Absolute Combustion International is a company specializing in burner products and solutions focused on enhancing combustion technology while prioritizing environmental sustainability. They offer a range of services that include greenhouse gas reduction, air pollution control equipment, energy efficiency solutions, and heat transfer efficiency improvements. The company's advanced burner technology enhances the performance of industrial combustion systems, particularly in sectors such as aerospace, oil and gas, and recycling. By improving operational efficiency and reducing emissions, Absolute Combustion enables its clients to lower operational costs and enhance workplace safety. Their commitment to clean combustion technology aligns with the goal of fostering a more sustainable future and minimizing the environmental impact of industrial processes.

Direct-C

Grant in 2019
Founded in 2014, Direct-C specializes in designing and developing hydrocarbon leak detection sensors and remote communication systems for the oil and gas industry. Its innovative products include SubSense, PatchSense, and TankSense, offering precise monitoring solutions for various infrastructure components. Headquartered in Edmonton, Canada, with additional offices in Calgary and Bath, Direct-C's technology provides instant alerts and precise locations of leaks, enhancing response times to incidents.

Rotoliptic

Grant in 2019
Rotoliptic specializes in manufacturing Rotoliptic Pump, a positive displacement pump designed for handling multi-phase flows of viscous fluids. Its unique two-part architecture offers high operating efficiencies across varied temperatures and conditions, making it ideal for pumping crude oil in midstream oil and gas applications.

Saltworks Technologies

Grant in 2019
Saltworks Technologies operates as a water technology company that designs, manufactures and delivers desalination and wastewater treatment plants. It develops turnkey systems including crystallizers, ion exchange membrane products, membrane-stack configurations, and ElectroChem Advanced Electrodialysis for industrial wastewater. The company offers salt splitters, ammonia splitters, and the SaltMaker Evaporator Crystallizer to treat wastewater, brine, and to enable zero liquid discharge. It provides process engineering, operation and finance services. Saltworks serves customers worldwide in industries such as oil and gas, mining, metals processing, agriculture, food and beverage, landfills, and general water remediation, addressing ammonia treatment, leachate, freshwater and brine management, and resource recovery. It emphasizes reducing brine volume, lowering disposal costs, and achieving no liquid discharge through smart design and automation. Founded in 2008 and based in Richmond, Canada.

FIBOS

Grant in 2019
FIBOS Inc., founded in 2016 and based in Toronto, Canada, specializes in developing advanced optical measurement technology for the industrial sensing industry. The company's product line includes the optical gauge amplifier (OGA-01) and optical gauge sensors designed to measure strain with high precision. FIBOS aims to disrupt traditional electrical sensors by offering solutions for load sensing, pressure sensing, vibration sensing, and temperature sensing. These solutions are targeted at industries such as oil and gas, energy, and test and measurement, providing innovative alternatives to conventional sensing methods.

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.

Fractal Systems

Grant in 2019
Fractal Systems Inc. is a technology company specializing in heavy oil solutions, focusing on enhancing producer margins, streamlining infrastructure, and facilitating the transportation of heavy oil and bitumen. Established in 2006 and headquartered in Sherbrooke, Canada, with additional offices in Calgary, the company develops, patents, and implements innovative technologies. One of its key offerings is JetShear, a suite of technologies designed to improve the quality of bitumen products and reduce their viscosity, thereby allowing processed fluids to flow more easily through transport pipelines. Fractal Systems aims to provide cost-effective solutions that address the challenges associated with heavy oil production and transportation.

Imtex Membranes

Grant in 2019
Imtex Membranes Corp. is a Canadian company based in Mississauga, established in 2007, that specializes in advanced membrane separation technology for the petrochemical and refining industries. The company has developed the Permylene™ membrane system, which offers a high-performance and commercially viable alternative to traditional distillation methods for the extraction and purification of olefins. This innovative technology not only enhances efficiency but also provides substantial economic and environmental benefits, positioning Imtex Membranes as a leader in the field of gas separation. Through its focus on olefin/paraffin separation, the company aims to set new standards within the industry.

Ambyint

Grant in 2018
Founded in 2004, Ambyint specializes in artificial lift optimization solutions for the oil and gas industry. Its flagship product, the Ambyint Production Optimization Platform, combines advanced physics-based analytics with AI to automate operations, enhance production, reduce operating costs, and predict failures across various well types.

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.

KMX Technologies

Grant in 2018
KMX Technologies specializes in membrane distillation technology aimed at enhancing the separation and recovery of valuable chemicals and water treatment processes. The company offers innovative solutions that integrate with conventional methods like reverse osmosis and distillation to achieve more efficient separations. Its primary applications span various industries, including mining, desalination, oil and gas, environmental remediation, and industrial waste management. By providing next-generation systems that focus on low-cost solutions for brine concentration and organic solvent recovery, KMX Technologies addresses critical mineral extraction and water treatment challenges effectively.

Acceleware

Grant in 2017
Acceleware is a Calgary-based technology company serving the oil and gas industry with two main lines of business: RF heating technology for heavy oil and oil sands production, and seismic imaging software. Its RF XL is a low-cost, low-carbon thermal recovery method that uses no water or solvent, has a small footprint, and is redeployable across sites to help reduce emissions and enable cleaner production; it is being piloted with industry partners. The seismic imaging unit provides high-fidelity software for imaging complex geology, including AxFDTD, AxHeat, AxRTM, AxWAVE, and AxFWI, which model electromagnetic absorption, simulate heating, accelerate migration, and generate subsurface velocity models. The company also offers software-related consulting and training services and pursues partnerships to broaden environmental and economic benefits of its technologies. Acceleware was founded in 2004 and is headquartered in Calgary, Canada.

Ground Effects Environmental Services

Grant in 2017
Ground Effects Environmental Services (GEE), established in 1998 and headquartered in Regina, Saskatchewan, specializes in innovative environmental solutions for various industries, including oil and gas, mining, and industrial sectors. The company has developed over 70 patented in situ remediation technologies, focusing particularly on mobile remediation solutions and electrokinetic technologies. GEE's proprietary electrokinetic platform effectively removes solids and contaminants from fluids, supporting applications such as frac flowback treatment, salt remediation, drill cuttings treatment, and invert drilling mud treatment. Additionally, Ground Effects provides bio-decontamination units designed to eliminate viruses and bacteria from surfaces, positioning itself as a leader in the field of environmental services.

PurLucid Treatment Solutions

Grant in 2017
PurLucid Treatment Solutions is a North American services company focused on innovative water treatment technologies. It designs and manufactures advanced water and wastewater treatment systems specifically tailored for the heavy oil, mining, forestry, and industrial sectors. The company's proprietary systems excel in hydrocarbon recovery and provide ultra-filtered water, effectively removing water and solids to enhance oil recovery processes. Through its cutting-edge solutions, PurLucid is transforming water treatment practices in various industries.

waterStrider Treatment

Grant in 2017
waterStrider treatment removes oil, sulphide, bacteria, metals, and suspended solids from frac water, making it reusable for a fraction of the price of current fresh water use at fracking sites. In doing so, the environmental impact and costs associated with fracking are dramatically reduced.

Agar Corporation

Grant in 2017
Agar Corporation is a leading pioneer of non-nuclear, versatile, multi-phase flow meters used to optimize oil well testing and production. Agar provides innovative solutions for applications such as: heavy oil well testing, waste water treatment, automatic tank dewatering, desalters and gas liquid foam control.

Flyscan

Grant in 2017
Flyscan Systems Inc. is a Québec-based company established in 2015, specializing in the development of airborne technology for detecting oil leaks in pipelines. The company's innovative platform automates the identification of small oil leaks and offers various visual inspection functions tailored for the energy sector. By utilizing industrial optics and photonics systems mounted on airborne vehicles, Flyscan provides remote detection services that enable clients to monitor underground pipelines effectively. This technology helps clients promptly address any leakages, thereby mitigating potential environmental damages.

Saltworks Technologies

Grant in 2016
Saltworks Technologies operates as a water technology company that designs, manufactures and delivers desalination and wastewater treatment plants. It develops turnkey systems including crystallizers, ion exchange membrane products, membrane-stack configurations, and ElectroChem Advanced Electrodialysis for industrial wastewater. The company offers salt splitters, ammonia splitters, and the SaltMaker Evaporator Crystallizer to treat wastewater, brine, and to enable zero liquid discharge. It provides process engineering, operation and finance services. Saltworks serves customers worldwide in industries such as oil and gas, mining, metals processing, agriculture, food and beverage, landfills, and general water remediation, addressing ammonia treatment, leachate, freshwater and brine management, and resource recovery. It emphasizes reducing brine volume, lowering disposal costs, and achieving no liquid discharge through smart design and automation. Founded in 2008 and based in Richmond, Canada.

Axine Water Technologies

Grant in 2016
Axine Water Technologies Inc. is a Vancouver-based company specializing in innovative wastewater treatment solutions. Established in 2010, the firm focuses on developing chemical-free systems designed to address high concentrations of complex and toxic organic pollutants, including phenols, pharmaceuticals, and ammonia, in industrial wastewater. Utilizing proprietary electrolytic oxidation technology, Axine's systems effectively treat various pollutants in a single step without the need for chemicals or the production of sludge. The company's solutions cater to a diverse range of industries, including oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management, helping clients reduce costs and enhance the performance of their wastewater management processes.

Illusense

Grant in 2016
Founded in 2013, Illusense specializes in developing machine vision technology for internal oil and gas pipeline inspection. Utilizing ultra-high resolution laser-based systems, the company enhances pipeline maintenance services by proactively prioritizing tasks, improving integrity management, and boosting business productivity.

DarkVision Technologies

Series A in 2016
Founded in 2013, DarkVision Technologies specializes in developing and commercializing ultrasound-based imaging technology for oil and gas wells. Its high-resolution system enables operators to identify and address downhole issues such as tubing defects, casing corrosion, and obstructions, leading to improved well integrity, increased production efficiency, and reduced environmental impacts.

Quantiam Technologies

Grant in 2016
Quantiam Technologies is a manufacturing technology company that develops and commercializes advanced materials, nano materials, coatings, surfaces, and catalysts for extreme-operating environments and energy-related applications. It offers high-performance coatings for internal surfaces of complex tubular shapes and develops catalyst systems and energy nanomaterials for the methanol-hydrogen economy, including hydrogen storage and hydrogen production. The company serves sectors such as aerospace, automotive, tar sands, mining, and chemical processing, and provides technical services in nanomaterials characterization, surface analysis, microstructural and performance characterization, along with consulting and research services in materials science. Based in Edmonton, Canada, Quantiam operates internationally and was founded in 1998.

Syscor

Grant in 2016
Syscor specializes in developing and manufacturing wireless sensor systems designed for the petroleum industry. The company's primary focus is on monitoring floating roofs in petroleum storage tanks. Their sensor systems provide real-time data on various parameters, including rainwater accumulation, liquid hydrocarbons, volatile hydrocarbon vapors, acceleration, vibration, temperature, and roof misalignment. By offering these advanced monitoring solutions, Syscor enables clients to enhance safety and operational efficiency in their industrial assets and facilities.

CelluForce

Grant in 2015
CelluForce is a manufacturer specializing in cellulose nanocrystals (CNC), an advanced biomaterial derived from wood. The company produces CNC in both spray-dried powder and liquid suspension forms, making it suitable for diverse applications across various industries, including cosmetics, oil and gas, adhesives, paints, coatings, packaging, plastics, and composites. By leveraging patented technology, CelluForce ensures that its products can be efficiently distributed to end users, significantly reducing storage and transportation costs. The company focuses on providing bio-based, natural, and biodegradable materials that enhance product performance for its clients, aligning with the growing demand for sustainable solutions in industrial applications.

Fractal Systems

Grant in 2015
Fractal Systems Inc. is a technology company specializing in heavy oil solutions, focusing on enhancing producer margins, streamlining infrastructure, and facilitating the transportation of heavy oil and bitumen. Established in 2006 and headquartered in Sherbrooke, Canada, with additional offices in Calgary, the company develops, patents, and implements innovative technologies. One of its key offerings is JetShear, a suite of technologies designed to improve the quality of bitumen products and reduce their viscosity, thereby allowing processed fluids to flow more easily through transport pipelines. Fractal Systems aims to provide cost-effective solutions that address the challenges associated with heavy oil production and transportation.

ElectroKinetic Solutions

Grant in 2014
ElectroKinetic Solutions is a technology company that specializes in dewatering and decontamination processes through innovative electrokinetic applications. Its technology is designed to address challenges in various industrial environments, particularly those involving difficult-to-dewater slurries, sludge, and unstable clay soils. The company's solutions are particularly beneficial for oil sand producers, as they facilitate the effective management of tailings generated from oil sands and other mining operations. By leveraging electrokinetics, ElectroKinetic Solutions aims to improve the efficiency and effectiveness of dewatering processes, thereby enhancing operational outcomes in industries facing complex environmental challenges.

Saltworks Technologies

Grant in 2010
Saltworks Technologies operates as a water technology company that designs, manufactures and delivers desalination and wastewater treatment plants. It develops turnkey systems including crystallizers, ion exchange membrane products, membrane-stack configurations, and ElectroChem Advanced Electrodialysis for industrial wastewater. The company offers salt splitters, ammonia splitters, and the SaltMaker Evaporator Crystallizer to treat wastewater, brine, and to enable zero liquid discharge. It provides process engineering, operation and finance services. Saltworks serves customers worldwide in industries such as oil and gas, mining, metals processing, agriculture, food and beverage, landfills, and general water remediation, addressing ammonia treatment, leachate, freshwater and brine management, and resource recovery. It emphasizes reducing brine volume, lowering disposal costs, and achieving no liquid discharge through smart design and automation. Founded in 2008 and based in Richmond, Canada.

CVT Corp

Venture Round in 2007
CVT Corp. is an international technology company that specializes in the development, manufacturing, and marketing of continuously variable transmissions (CVTs). These advanced transmission systems are utilized across various industries, including power generation, oil and gas, mining, farming, and off-road equipment. The company serves a diverse customer base across multiple regions, including Canada, the United States, South America, Europe, Africa, Asia, and Australia. Founded in 2001 and originally known as S.O.E. Technologies, CVT Corp. rebranded in June 2007 and is headquartered in Sainte-Julie, Canada.
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