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.

Timon LeDain

Vice President, Operations

Leo Bever Ph.D

Investment Director

Past deals in Ontario

Ecopia Ai

Grant in 2022
Ecopia AI is an artificial intelligence company based in Toronto, Canada, that specializes in geospatial big data analytics. Founded in 2013, the company develops advanced mapping software that utilizes high-resolution earth imagery to create HD Vector Maps. By leveraging machine learning technologies, Ecopia AI transforms complex imagery into actionable insights, aiding organizations in various sectors with asset management, risk assessment, and disaster response. The company also has an additional office in Waterloo, Canada, further expanding its capabilities in providing detailed geospatial analysis.

Pulse Industrial

Grant in 2022
Pulse Industrial is a California-based company specializing in the development of advanced monitoring technologies for industrial applications. The company focuses on creating sensors that provide a comprehensive overview of valves and steam traps in industrial plants, enabling predictive maintenance and failure alerts. Its flagship product is an artificial intelligence-powered steam trap monitoring device that utilizes vibration and acoustic analysis to detect steam leaks. By employing low power wide area communication, the device efficiently alerts maintenance personnel to potential issues, thereby enhancing safety and reducing fuel consumption in industrial settings. Through these innovations, Pulse Industrial aims to improve operational efficiency and reliability in steam generation processes.

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.

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.

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.

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.

Validere

Grant in 2021
Validere Technologies Inc. is a Toronto-based company that specializes in providing critical information about liquids to large markets, particularly in the oil and gas sector. Founded in 2015, Validere develops portable devices such as the Validere Identifier, which assesses liquid safety by comparing samples against a comprehensive library, and EDGE Connect, which facilitates secure connections between buyers and sellers to identify arbitrage opportunities. The company's solutions enable industry participants to optimize their operational and trading decisions by delivering real-time quality intelligence and actionable testing data. This innovation allows oil and gas companies to accurately monitor product quality, streamline logistics, and enhance trading strategies, resulting in significant cost savings and increased revenue. Validere's technology supports transparency and accountability in liquid measurement, making it a valuable resource for producers and midstream organizations.

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.

Giatec

Grant in 2021
Giatec Scientific Inc., founded in 2010 and based in Ottawa, Canada, specializes in designing and manufacturing sensor-based testing products for the construction industry. The company focuses on revolutionizing concrete monitoring through innovative IoT technologies that provide real-time data on concrete properties during various phases, including design, production, and placement. Giatec's product lineup includes wireless concrete sensors such as SmartRock, mobile applications like Smart Concrete, and advanced non-destructive testing tools. These solutions enable contractors and ready-mix producers to make informed decisions, optimize mix designs, and effectively manage civil infrastructure by assessing the condition and durability of concrete. By integrating these technologies, Giatec aims to enhance efficiency and reduce costs in construction projects.

Hydrogen Optimized

Grant in 2021
Hydrogen Optimized specializes in the development and commercialization of large-scale Green Hydrogen production systems aimed at high-growth markets. The company has introduced the RuggedCell™ high-current water electrolysis system, which is engineered to provide low-cost Green Hydrogen suitable for the largest industrial applications. By utilizing innovative hydrogen technology, Hydrogen Optimized enables industries to achieve economically viable hydrogen production through renewable energy sources.

QEA Tech

Grant in 2021
Developer of drone-based energy audit and quantification software designed to assist businesses and organizations in improving their energy efficiency and lowering their carbon impact. The platform uses drone-captured thermal images to create a 3D model of a building's energy loss, which is then analyzed to identify areas where energy is being wasted and provides recommendations for improvement, enabling users to conduct envelope thermal inspections in a hassle-free manner.

Lorama Group

Grant in 2021
Lorama Group is both a manufacturer of Colour Dispersions & Bio-based Additives, as well as an international distributor of Specialty Chemicals and Functional Extenders. Through our entrepreneurial spirit and with deep expertise in global regulatory and raw material requirements, Lorama has grown to service a multitude of markets across over 90 countries.
MPC address the automotive industry need for a responsive prototype molding shop, specializing in high quality plastic parts such as gears and complex assemblies. MPC are a mid-size, hands-on, owner-operated business with a fully engaged and highly motivated work force who all take pride in maintaining our reputation for uncompromising product quality and customer service.

Argentum

Seed Round in 2020
Argentum Electronics, Inc. designs and manufactures advanced Smart Power over Ethernet Controllers (S.P.E.C), which utilize Power-over-Ethernet (PoE) technologies for efficient power delivery and management. Their product line includes cloud-managed PoE splitters and power combiners aimed at high-power PoE applications, primarily servicing commercial and industrial sectors such as LED lighting and fan speed control. The company also focuses on modular DC power distribution systems, intelligent building automation, and wireless multi-sensor networks to help clients reduce electricity demand and enhance overall energy performance within buildings. Founded in 2015 and headquartered in Toronto, Canada, Argentum caters to a diverse clientele that includes building owners, architects, engineers, and construction firms.

Elocity

Seed Round in 2020
Elocity is a cleantech company based in Toronto, Canada, focused on transforming the electrification of transportation for electric utilities, municipalities, and businesses. Founded in 2018, Elocity provides an intelligent and connected platform for smart electric vehicle (EV) charging, leveraging AI and IoT technologies. Its primary product, HIEV, helps utilities manage EV charging demand and integrates electromobility charging into existing electricity grid infrastructure and business processes. By partnering with power utilities and EV charging network operators, Elocity aims to create a sustainable and affordable transition to electric vehicles. The company's solutions enable clients to efficiently manage the demand and loads associated with increasing EV adoption while ensuring grid stability and reducing the need for new infrastructure investments. Elocity also maintains sales offices in Cypress, Texas, Dubai, and Noida, along with an engineering location in Bengaluru, India.

Flash Forest

Seed Round in 2020
Flash Forest is a reforestation company focused on rapidly restoring post-harvest and post-wildfire areas. By employing advanced technologies such as aerial mapping software, drone systems, and biological seed-pod technology, the company aims to efficiently plant trees and enhance ecological recovery. Through its innovative approach that combines automation with ecological science, Flash Forest enables businesses to offset carbon emissions effectively, contributing to global efforts against climate change.

Evercloak

Seed Round in 2020
Evercloak Inc., founded in 2018 and based in Waterloo, Canada, specializes in the production of ultra-thin graphene and other two-dimensional nanomaterial films. The company employs an economical and energy-efficient manufacturing process to create continuous coatings of single-layer nanomaterials. By utilizing an advanced manufacturing platform, Evercloak produces ultra-thin nanomaterial membranes that support clean technology applications. These innovations aim to lower costs, reduce energy consumption, and decrease greenhouse gas emissions across various sectors, including oil and gas, nuclear energy, mining, and agri-food.

Phycus Biotechnologies

Seed Round in 2020
Phycus Biotechnologies Inc. is a Canadian company based in Toronto that specializes in producing ingredients for the cosmetics and personal care industries, including bioglycolic acid and AHA ferment ingredients. Established in 2017, the company also operates a bio-conversion platform designed to capture and convert carbon dioxide from large-scale emitters. By utilizing microbial technology and metabolic engineering techniques, Phycus aims to transform CO2 into valuable chemical building blocks that can be used in various industrial applications. This innovative approach not only provides an alternative method for recycling carbon dioxide into fuels and chemicals but also contributes to reducing greenhouse gas emissions.

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.

Pantonium

Grant in 2020
Pantonium is focused on transforming public transit by offering a digital infrastructure that enables buses to operate beyond fixed routes, adapting their journeys in real-time according to rider demand. The company has developed a fleet management system that utilizes advanced software to create and adjust routes and schedules autonomously, responding to dynamic changes such as delays and cancellations. This innovative approach allows for a scalable, on-demand transportation service that can be implemented in various locations without the need for human intervention, ultimately enhancing the efficiency and responsiveness of public transit systems.

TROES

Seed Round in 2020
TROES is a Canadian company to develop smart power energy storage technologies, products, and solutions in a 170 Billion market to help middle-market project developers, power distributors, and power consumers to unlock numerous project opportunities with considerable payback which are not existed previously due to high project cost, lack of expertise and low development efficiency by using our patented modularized energy storage hardware and software.

Halion

Seed Round in 2020
Halion Displays Inc. specializes in developing advanced display technology that mimics the appearance of print while enabling dynamic video playback. Founded in 2015 and headquartered in Waterloo, Canada, the company focuses on creating low-power, daylight-visible displays suitable for portable devices like smartwatches and e-readers. Halion's innovative technology utilizes color-changing nanomaterials based on traditional printing inks—cyan, magenta, and yellow—that can rapidly switch colors to achieve high refresh rates. This enables a range of applications, including outdoor-visible displays and intelligent surfaces that can change color or patterns in response to user needs. By combining functionality with energy efficiency, Halion aims to establish a new global standard in display technology.

Equispheres

Grant in 2020
Equispheres Inc. specializes in the development, manufacturing, and marketing of ultra-high-performance spherical metal powders tailored for additive manufacturing and metal spray applications, particularly in the aerospace and automotive sectors. Founded in 2015 and based in Ottawa, Canada, the company employs a unique, patent-pending atomization technology that produces uniform, agglomerate-free powders with a narrow particle size distribution. These powders exhibit excellent sphericity and flowability, ensuring superior control and performance efficiencies. Equispheres' innovative products are designed to enhance the quality of end-use applications, contributing to advancements in the manufacturing processes of critical industries.

Smarter Alloys

Grant in 2020
Smarter Alloys is a Canadian company based in Toronto that specializes in the development and manufacturing of shape memory alloys, leveraging multiple memory material technologies. Founded in 2009, the company focuses on applications across various sectors, including orthodontics, automotive, oil and gas, and medical devices. Smarter Alloys is known for its innovative approach to programming shape memory behavior, which allows for the creation of devices that exhibit complex, machine-like functions while remaining simple. One of its notable products is a functionally graded orthodontic archwire, which utilizes a copper-NiTi alloy to deliver optimized biomechanical stress, enhancing treatment efficacy in orthodontics. The company aims to improve performance and reduce complexity in wearable technology and medical devices within the automotive, aerospace, and clean technology industries.

RYSE

Grant in 2020
RYSE, formerly known as AXIS Labs, Inc., specializes in the automation of window shades through its innovative product, Gear. This device allows users to motorize and automate their existing window shades quickly and efficiently. Gear has been recognized as the 2017 Motorized Product of the Year by the Consumer Technology Association, highlighting its impact in the industry. The accompanying mobile application, compatible with both iOS and Android platforms, enables users to control and schedule their shades conveniently from their smartphones. Headquartered in Toronto, with additional offices in New York City and Shenzhen, RYSE aims to revolutionize the window shade market by integrating smart technology into everyday products.

e-Zinc

Grant in 2020
e-Zn Inc., trading as e-Zinc, is an energy storage technology company that develops electrochemical technology for storing energy in zinc metals. Its Zn reactor products have applications in residential houses, islands, remote communities, third world countries, military bases, mining sites, mobile communities, telecommunication sites, emergency responses, and electric vehicle charging stations. The company was founded in 2012 and is based in Toronto, Canada.

Anaergia

Grant in 2020
Anaergia Inc. is a global leader in sustainable solutions for generating renewable energy and converting waste into valuable resources. The company specializes in anaerobic digestion technologies that produce clean energy, fertilizers, and recycled water from organic waste streams. Additionally, Anaergia provides municipal wastewater solutions, including renewable energy production, co-digestion, biosolids management, and advanced membrane filtration. Its municipal solid waste services focus on waste diversion and applications for renewable energy and natural gas. The company also offers agri-food solutions that encompass renewable energy, nutrient management, and water reuse. Anaergia's proprietary technologies and services are employed in over 1,600 operational renewable energy projects worldwide, serving clients in the municipal, industrial, commercial, and agricultural sectors. Headquartered in Burlington, Canada, Anaergia operates through various subsidiaries and has a global presence in North America, Europe, and Asia.

Fibracast

Grant in 2020
Fibracast is the innovator of FibrePlate™, the next generation in MBR technology. This unique hybrid ultrafilter integrates the best attributes of hollow-fiber and flat-plate membranes into a compact, strong and energy efficient immersed membrane.

Xanadu

Grant in 2020
Xanadu Quantum Technologies Inc., founded in 2016 and based in Toronto, Canada, specializes in developing photonic quantum computers. The company integrates quantum silicon photonic chips into existing hardware to create full-stack quantum computing solutions. Xanadu offers several software tools, including PennyLane, a Python library for quantum machine learning and hybrid quantum-classical computations, and Strawberry Fields, an open-source programming language for quantum computing. The company aims to make quantum computing accessible and beneficial by addressing real-world challenges and enhancing computational capabilities beyond classical methods. By combining expertise from leading scientists and industry professionals, Xanadu is positioning itself as a significant player in the quantum technology landscape.

Borealis Wind

Grant in 2020
Borealis Wind develops a blade heating retrofit for wind turbines that prevents loss of power and revenue for the wind farm. The blade heating retrofit helps de-ice the blades in winter. The company was founded in 2016 and is headquartered in Kitchener, Ontario, Canada.

H2nanO

Grant in 2019
H2nanO Inc. is a Canadian company focused on developing advanced wastewater treatment technology for municipal and industrial applications. Founded in 2015 and headquartered in Kitchener, with an additional office in Waterloo, the company specializes in creating nonmaterial and nanotechnology products designed to effectively treat hard-to-degrade water contaminants. H2nanO's innovative approach utilizes light-activated processes, enabling safe discharge and reuse of treated water.

Ecopia Ai

Grant in 2019
Ecopia AI is an artificial intelligence company based in Toronto, Canada, that specializes in geospatial big data analytics. Founded in 2013, the company develops advanced mapping software that utilizes high-resolution earth imagery to create HD Vector Maps. By leveraging machine learning technologies, Ecopia AI transforms complex imagery into actionable insights, aiding organizations in various sectors with asset management, risk assessment, and disaster response. The company also has an additional office in Waterloo, Canada, further expanding its capabilities in providing detailed geospatial analysis.

Enersion

Grant in 2019
Developer of an adsorption-based chiller designed for renewable and sustainable cooling power. The company's chiller specializes in providing efficient cooling by consuming natural gas and producing electricity by utilizing heat in the form of hot water, enabling clients to provide cooling from sustainable energy sources at much more cost-effective rates saving both the environment and money.

BluWave-ai

Seed Round in 2019
BluWave-ai is at the forefront of the global energy transformation, promoting the integration of distributed and renewable energy sources, electric transportation, and smart loads. The company offers a SaaS-based platform that employs artificial intelligence to enhance the efficiency of smart grids, making energy more affordable, reliable, and sustainable. Its solutions enable real-time optimization of power generation and operations, allowing clients to accurately predict energy demand and adapt to fluctuations in electricity consumption and generation. BluWave-ai serves a diverse clientele, including communities, corporations, and utilities, who have experienced notable reductions in capital and operational costs, along with a lowered carbon footprint. The company is committed to collaborating with partners and customers to advance universal access to affordable and sustainable energy and transportation systems, focusing on various sectors such as distribution utilities, enterprises, mining, and remote or off-grid clients worldwide.

Savormetrics

Grant in 2019
Savormetrics specializes in developing advanced sensor-driven solutions aimed at extending the shelf life of food products. Their innovative technology utilizes non-chemical methods to optimize storage environments by monitoring air quality and removing harmful contaminants through artificial intelligence. The company's food-safe analyzers provide real-time metrics on food and water safety and quality, detecting pathogens, contaminants, and biomarkers. Additionally, these analyzers can predict decay curves, allowing businesses to accurately estimate the remaining shelf life of their food products. Through this approach, Savormetrics enhances food safety and quality, supporting businesses in maintaining optimal conditions for their products.

Ecopia Ai

Grant in 2019
Ecopia AI is an artificial intelligence company based in Toronto, Canada, that specializes in geospatial big data analytics. Founded in 2013, the company develops advanced mapping software that utilizes high-resolution earth imagery to create HD Vector Maps. By leveraging machine learning technologies, Ecopia AI transforms complex imagery into actionable insights, aiding organizations in various sectors with asset management, risk assessment, and disaster response. The company also has an additional office in Waterloo, Canada, further expanding its capabilities in providing detailed geospatial analysis.

Genecis

Seed Round in 2019
Genecis is an early-stage organic waste processing startup that uses biotechnology to convert waste into biodegradeable plastics and other high value materials. Genecis is headquartered in Scarborough, Canada.

Intelline

Grant in 2019
Intelline Inc. is a Canadian company that specializes in the manufacturing of innovative diesel generators designed to enhance efficiency and sustainability in power production. Established in 2017 and based in Kitchener, it offers a range of products, including the Modular Linear Generator (MLG), which directly converts combustion energy into electricity, and the Reconfigurable Linear Electric Motor (RLEM), utilized in the production of linear motors. Intelline's generators boast a 40 percent improvement in fuel efficiency compared to conventional diesel engines, leading to significant cost savings, particularly for industries such as mining. Additionally, the company is focused on facilitating the transition to sustainable fuels, allowing customers to utilize various fuel types, including natural gas, biofuels, synthetic fuels, and hydrogen. This versatility helps mitigate the impact of fuel price fluctuations while promoting a more eco-friendly approach to energy generation.

Brisk Synergies

Grant in 2019
Brisk Synergies Inc. specializes in designing solutions that assist urban planners and engineers in collecting, monitoring, and analyzing traffic movement video data. The company offers two primary software platforms: BriskLUMINA, which tracks and classifies individual road users while detecting near-misses and potential collisions, and BriskVANTAGE, which employs artificial intelligence and computer vision algorithms to analyze real-time video data for traffic safety insights. These tools enable transportation engineers and automotive planners to proactively address road safety issues without waiting for incidents to occur. Founded in 2013 and headquartered in Waterloo, Canada, with an additional office in Montréal, Brisk Synergies operates as a subsidiary of Transoft Solutions, Inc. The company's technologies contribute to sustainable urban mobility by helping cities enhance traffic infrastructure and improve overall road safety.

Fibos

Grant in 2019
FIBOS Inc. develops optical measurement technology for the industrial sensing industry. The company’s product line includes optical gauge amplifier (OGA-01), a single-channel industrial optical gauge amplifier intended to compete against a traditional strain gauge amplifier; and optical gauge sensor that measures strain. It offers solutions for load sensing, pressure sensing, vibration sensing, and temperature sensing in oil and gas, energy, and test and measurement industries. The company was founded in 2016 and is based in Toronto, Canada.

Imtex

Grant in 2019
Imtex Membranes Corp. is a Canadian company based in Mississauga that specializes in advanced membrane separation technology for the petrochemical and refining industries. Founded in 2007, the company has developed the Permylene membrane system, which provides a high-performance and commercially viable alternative to traditional distillation methods for the extraction and purification of olefins. This innovative technology not only enhances the separation of olefins from paraffins and other compounds but also significantly reduces wasteful gas flaring and lowers the energy requirements and emissions associated with these processes. Imtex Membranes aims to deliver substantial economic and environmental benefits, potentially setting new standards within the industry.

Yava Technologies

Grant in 2018
Yava Technologies is a Toronto-based company established in 1990 that specializes in developing and licensing innovative mineral recovery process solutions for the mining and mineral processing industries. The company aims to enhance the efficiency of these industries by offering a technology that eliminates the reliance on traditional mining equipment, such as concentrators and smelters. Yava Technologies focuses on creating low-cost, environmentally friendly processes that facilitate the recovery of various metals, ultimately allowing organizations to generate increased profits and value-added products across different sectors.

Ranovus

Grant in 2018
Ranovus Inc. is a company based in Ottawa, Canada, that specializes in developing and manufacturing multi-terabit interconnect solutions for data centers and communications networks in the telecommunications and information technology sectors. Founded in 2012, Ranovus offers innovative technologies such as Quantum Dot Multi-Wavelength Laser and advanced digital and photonics integrated circuits. These solutions are designed to provide scalable and efficient alternatives for optical interconnectivity, focusing on minimizing power dissipation, size, and cost. The company operates in the United States, Canada, and Germany, and is recognized for its contributions to the development of optoelectronic components and transceiver subsystems, setting new benchmarks in the industry.

Li-Cycle

Grant in 2018
Li-Cycle is a clean technology company specializing in the recycling of lithium-ion batteries. Founded in 2016 and based in Mississauga, Canada, the company employs an innovative process known as Li-Cycle Technology™ to recover 80 to 100% of materials from end-of-life batteries. This closed-loop resource recovery system not only ensures the safe and sustainable processing of battery waste but also addresses the increasing demand for critical materials essential for battery production. In addition to recycling, Li-Cycle provides various services, including logistics management and destruction, aimed at creating environmentally responsible solutions for battery disposal and resource recovery.

Giatec

Grant in 2018
Giatec Scientific Inc., founded in 2010 and based in Ottawa, Canada, specializes in designing and manufacturing sensor-based testing products for the construction industry. The company focuses on revolutionizing concrete monitoring through innovative IoT technologies that provide real-time data on concrete properties during various phases, including design, production, and placement. Giatec's product lineup includes wireless concrete sensors such as SmartRock, mobile applications like Smart Concrete, and advanced non-destructive testing tools. These solutions enable contractors and ready-mix producers to make informed decisions, optimize mix designs, and effectively manage civil infrastructure by assessing the condition and durability of concrete. By integrating these technologies, Giatec aims to enhance efficiency and reduce costs in construction projects.

VueReal

Grant in 2018
VueReal Inc. specializes in developing technologies for micro-LED displays, focusing on the mass integration of high-efficiency nano and micro-devices into large-area substrates. Founded in 2016 and based in Waterloo, Canada, the company aims to make micro-LED technology accessible across various applications, including smartphones, laptops, TVs, virtual and augmented reality systems, and wearables. VueReal's technology platform leverages advanced micro/nano-device processing, integration techniques, and system design to enhance the functionality of existing electronic systems while enabling new applications. Their Solid Printing technology allows for the production of displays with extremely high pixel densities and supports a wide range of substrate sizes, positioning VueReal as a key player in the evolution of electronic systems.
New Rubber Technologies (NRT) specializes in the devulcanization and reformulation of rubber materials, focusing on the reuse of waste rubbers and plastics. The company primarily utilizes end-of-life tires and other rubber waste streams as feedstocks to produce devulcanized rubber particulates. This innovative approach allows businesses to access new rubber materials derived from waste, thereby reducing costs and promoting sustainability in the rubber industry. NRT's unique processes provide valuable solutions for companies seeking to enhance their material offerings while addressing environmental concerns associated with rubber waste.

Springpower

Grant in 2018
Manufacturer of clean cathode materials intended to deliver the power and performance the battery needed. The company develops and commercializes graphene and silicon nanomaterials for lithium-ion batteries that utilize less water and energy while generating no wastewater avoiding the need for expensive wastewater treatment, enabling battery manufacturers to accelerate the growth of electric vehicles with greener and less costly materials and technologies.

Morgan Solar

Grant in 2017
Morgan Solar Inc began with a mission in 2007 – to develop highly efficient, low cost solar technology. Until now, all the real advancements in solar power always seem to be “10 years away”. John Paul Morgan, a Physics Engineer, with a background in optics, medical imaging and photovoltaics, developed an idea to make solar energy more affordable. His idea was to design an optical concentration system that would elegantly solve many of the problems of existing CPV systems. There first product to market, the Sun Simba HCPV, is designed for solar farm applications. Demonstration and test installations will begin in 2009, and our first commercial systems will be available in early 2010. The second set of products, the Sun Stream Window and the Sun Block Panel, are designed for building applications and smaller scale demonstration and test systems are also scheduled for 2009, with sales begining sometime after mid 2010.

NRStor

Grant in 2017
NRStor Inc. is a Toronto-based company, established in 2012, that specializes in the development and operation of energy storage projects in Canada and across North America. The company serves commercial, industrial, institutional customers, and utilities by providing energy storage solutions under a turn-key energy-as-a-service model, which requires no capital investment or operational expertise from its clients. NRStor focuses on creating reliable, cost-effective energy storage technologies that enhance the integration of renewable energy sources. Its offerings include stand-alone energy storage systems, renewable coupled systems, and microgrids, all managed through an advanced operational platform. By partnering with various stakeholders and technology providers, NRStor aims to accelerate the commercialization of energy storage technologies, thereby promoting energy reliability, flexibility, and sustainability while supporting the transition to a low-carbon energy system.
Forward Water Technologies is a wastewater treatment company focused on innovating the purification and desalination of water. The firm commercializes its proprietary forward osmosis technology, which offers a more efficient and environmentally friendly solution for treating wastewater. This technology enables businesses to effectively clean their wastewater, reducing the need for costly disposal methods. By addressing the challenges associated with traditional wastewater management, Forward Water Technologies aims to transform the industry and recover water that is typically lost in conventional processes.

Peak Power

Seed Round in 2017
Peak’s AI-powered software enables intelligent energy in smart cities by optimizing synthetic, stationary, and mobile batteries to act as grid resources. Peak’s solutions reduce operating costs and the environmental footprint of our clients while decreasing strain on the grid.

GreenMantra Technologies

Venture Round in 2017
Based in Brantford, Ontario, GreenMantra™ Technologies utilizes a proprietary thermo-catalytic system and patented process to cost-effectively convert and "up-cycle" waste plastics, including hard-to-recycle materials such as grocery bags and film, into high-value waxes and other specialty chemicals. These materials have a broad range of applications in the coatings, plastics processing, adhesives, roofing and paving industries.

3E Nano

Grant in 2017
3E Nano Inc. develops and commercializes diamond like carbon coating for windows to control heat and light emission. It produces optically and thermally tunable solar control coatings for buildings, vehicles, greenhouses, windshields, and transparent media. The company was founded in 2006 and is headquartered in Kitchener, Canada.

Vive Crop Protection

Grant in 2017
Vive Crop Protection, Inc. is a Canadian company based in Mississauga, with additional operations in Boston and Calgary. Founded in 2006, the company develops and markets innovative crop protection products, including fungicides, insecticides, and nematicides. Vive utilizes its proprietary Allosperse Delivery System, a groundbreaking nanotechnology, to enhance the effectiveness of its products and provide new solutions for farmers. This technological advancement positions Vive at the forefront of agricultural innovation, enabling the company to meet the evolving needs of the agricultural sector.

Electrovaya

Grant in 2017
Electrovaya is a publicly traded company listed on the Toronto Stock Exchange (TSX: EFL). Its head office is in Mississauga, Ontario and its US headquarter is in Saratoga County, New York. Additional information is available at www.sedar.com. Electrovaya became a public company in November 2000 with a listing on the Toronto Stock Exchange under the symbol EFL. Prior to its public offering Electrovaya had been a research and development company co-founded in 1996 by Dr. Sankar Das Gupta and Dr. James Jacobs.

Ranovus

Grant in 2017
Ranovus Inc. is a company based in Ottawa, Canada, that specializes in developing and manufacturing multi-terabit interconnect solutions for data centers and communications networks in the telecommunications and information technology sectors. Founded in 2012, Ranovus offers innovative technologies such as Quantum Dot Multi-Wavelength Laser and advanced digital and photonics integrated circuits. These solutions are designed to provide scalable and efficient alternatives for optical interconnectivity, focusing on minimizing power dissipation, size, and cost. The company operates in the United States, Canada, and Germany, and is recognized for its contributions to the development of optoelectronic components and transceiver subsystems, setting new benchmarks in the industry.

Heliene Inc

Grant in 2017
A vision is to position Heliene as a strong participant in the new and growing Solar Energy Infrastructure market. Our presence will define us as a high-quality valuable regional link within the supply chain of the Solar Power Generation industry in Ontario. North America’s current energy model is unsustainable, and as one of the world’s largest contributors of greenhouse gases

QD Solar

Grant in 2017
The solar photovoltaic market is one of the fastest growing energy markets in the world. That growth comes amidst the race to the bottom on cell and module pricing driven by fierce supply side market competition. PV manufacturers can no longer count on economies of scale and incremental process improvements to attain profit in the face of competitive pricing pressures. Manufacturers need to differentiate their product by delivering better performance for the same or lower cost. QD Solar, a University of Toronto spinoff company, will provide this differentiation.

GBatteries

Grant in 2017
GBatteries Systems Inc. is a Canadian company focused on developing advanced battery management technology aimed at enhancing the performance and longevity of lithium-ion batteries. Their innovative solutions enable electric vehicles to charge rapidly, significantly reducing charging times to levels comparable to refueling a gasoline vehicle. This technology improves both the charge time and cycle life of batteries, allowing electric vehicle users to enjoy a more efficient and convenient experience without altering the battery's chemistry or manufacturing process. By addressing key challenges in battery degradation, GBatteries plays a vital role in facilitating the transition from internal combustion engines to 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.

Rockport Networks

Grant in 2016
Rockport Networks Inc. is a Canadian company based in Ottawa that specializes in software solutions for enterprise data center networks in North America. The company offers a switchless networking approach that transforms traditional data center architectures into a more power-efficient direct interconnect system. This innovative architecture enhances performance, bolsters security, and significantly lowers costs for businesses. Rockport is supported by a highly experienced research and development team with extensive expertise in enterprise execution and strong industry connections, all dedicated to simplifying networking for their customers.

e-Zinc

Grant in 2016
e-Zn Inc., trading as e-Zinc, is an energy storage technology company that develops electrochemical technology for storing energy in zinc metals. Its Zn reactor products have applications in residential houses, islands, remote communities, third world countries, military bases, mining sites, mobile communities, telecommunication sites, emergency responses, and electric vehicle charging stations. The company was founded in 2012 and is based in Toronto, Canada.

NextGrid

Grant in 2016
Nextgrid’s development of a multi-residential/small commercial combined heat and power (CHP) system, which uses turbine and combustion technologies, aims to achieve up to 50 per cent higher fuel efficiency than existing water heaters.

QD Solar

Seed Round in 2016
The solar photovoltaic market is one of the fastest growing energy markets in the world. That growth comes amidst the race to the bottom on cell and module pricing driven by fierce supply side market competition. PV manufacturers can no longer count on economies of scale and incremental process improvements to attain profit in the face of competitive pricing pressures. Manufacturers need to differentiate their product by delivering better performance for the same or lower cost. QD Solar, a University of Toronto spinoff company, will provide this differentiation.

Nanoleaf

Grant in 2016
Nanoleaf Limited designs and provides light bulbs for use in home and office. Its products include thermal water bottles and non-dimmable bulbs. The company serves customers in North America, Asia, Scandinavia, and the Middle East. It sells its products through retailers and online retailers, as well as online. Nanoleaf Limited is based in Canada.

ARDA Power

Grant in 2016
ARDA Power Inc. designs and develops microgrid systems for non-residential buildings. The company designs DC microgrid platform for commercial and industrial applications. It offers microgrid solution consisting of a control system, modular battery converter, and validated 3rd party modular components. The company offers DC microgrid and battery DC-DC converter solutions. Its system is integrated into the building electrical infrastructure, such as PV plant, gas generator, multi-hour flow battery, LED lights, and cooling fans. ARDA Power Inc. was incorporated in 2009 and is based in Oakville, Canada.

Char Technologies

Grant in 2015
The Corporation is in the business of producing a proprietary activated charcoal like material (SulfaCHAR), which can be used to removed hydrogen sulfide from various gas streams (focusing on methane-rich and odourous air). The SulfaCHAR, once used for the gas cleaning application, has further use as a sulfur-enriched biochar for agricultural purposes (saleable soil amendment product).

OTI Lumionics

Grant in 2015
OTI Lumionics Inc. is a Toronto-based company founded in 2011, specializing in the development of organic light emitting diode (OLED) lighting solutions for various applications. The company focuses on innovative products, including transparent displays, under panel sensors, and under display cameras. Among its notable offerings is the aerelight A1 OLED Lamp, which integrates a LED desk lamp design with a wireless charger. OTI Lumionics utilizes advanced technologies such as HaloTorr and ElektroTorr to enhance its product capabilities. The company was established by a team of accomplished researchers and engineers from the University of Toronto's Department of Materials Science & Engineering, aiming to unlock the full potential of OLED technology.

Vive Crop Protection

Grant in 2013
Vive Crop Protection, Inc. is a Canadian company based in Mississauga, with additional operations in Boston and Calgary. Founded in 2006, the company develops and markets innovative crop protection products, including fungicides, insecticides, and nematicides. Vive utilizes its proprietary Allosperse Delivery System, a groundbreaking nanotechnology, to enhance the effectiveness of its products and provide new solutions for farmers. This technological advancement positions Vive at the forefront of agricultural innovation, enabling the company to meet the evolving needs of the agricultural sector.

Hydrostor

Seed Round in 2012
Hydrostor Inc. is a company based in Toronto, Canada, specializing in Advanced Compressed Air Energy Storage (A-CAES) technology that addresses the growing demand for reliable and sustainable electricity solutions. Founded in 2010, Hydrostor's innovative approach allows for the conversion of electrical energy into compressed air, which can be stored and later converted back into energy during peak demand periods. This technology is designed to facilitate the integration of renewable energy sources, optimize grid operations, and provide essential services such as dispatchable capacity and transmission deferral. Hydrostor's solutions are applicable in various contexts, including repurposing retired fossil fuel plants and serving large industrial operations and mining facilities. The company operates primarily in the United States, Australia, and Canada and collaborates with leading engineering and construction providers to deliver comprehensive energy storage solutions.

GaN Systems

Grant in 2011
GaN Systems Inc. is a semiconductor company that specializes in the development and manufacture of gallium nitride power switching transistors and diodes. The company offers 650 V and 100 V E-HEMT transistors, as well as wireless power amplifiers, which are utilized in various sectors including consumer electronics, enterprise equipment, industrial applications, and renewable energy systems such as solar and wind. By leveraging advanced device design and licensed process technology, GaN Systems produces high-performance devices that significantly enhance switching efficiencies compared to traditional silicon-based solutions. These innovations are designed to address power conversion challenges, reduce product costs, and improve energy efficiency in applications ranging from electric vehicles to power supply designs. Founded in 2008 and headquartered in Ottawa, Canada, GaN Systems also maintains offices in Japan, China, and Germany, serving a global customer base.

Electrovaya

Grant in 2010
Electrovaya is a publicly traded company listed on the Toronto Stock Exchange (TSX: EFL). Its head office is in Mississauga, Ontario and its US headquarter is in Saratoga County, New York. Additional information is available at www.sedar.com. Electrovaya became a public company in November 2000 with a listing on the Toronto Stock Exchange under the symbol EFL. Prior to its public offering Electrovaya had been a research and development company co-founded in 1996 by Dr. Sankar Das Gupta and Dr. James Jacobs.

Entropex

Grant in 2010
Entropex, Inc. is a privately owned Canadian company that specializes in reprocessing post-industrial and post-consumer plastics. Founded in 1978 and headquartered in Sarnia, Ontario, the company focuses on developing market-specific recycled polyethylene and polypropylene for diverse consumer and industrial applications. Its operations are supported by a 180,000 square foot plastic recovery facility and warehouse complex, positioning Entropex as a leader in the recycling industry in Canada.

Vive Crop Protection

Grant in 2009
Vive Crop Protection, Inc. is a Canadian company based in Mississauga, with additional operations in Boston and Calgary. Founded in 2006, the company develops and markets innovative crop protection products, including fungicides, insecticides, and nematicides. Vive utilizes its proprietary Allosperse Delivery System, a groundbreaking nanotechnology, to enhance the effectiveness of its products and provide new solutions for farmers. This technological advancement positions Vive at the forefront of agricultural innovation, enabling the company to meet the evolving needs of the agricultural sector.

Performance Plants

Venture Round in 2009
Performance Plants Inc. is an agricultural biotechnology company focused on enhancing crop yields and resilience through gene discovery and trait development. Founded in 1995 and based in Kingston, Canada, the company specializes in technologies that improve productivity in major staple crops, such as corn, soybeans, and canola, as well as biomass crops like switchgrass and industrial hemp for biofuel production. Performance Plants offers a range of innovations, including Yield Protection Technology, Heat and Drought Tolerance Technology, and Water Efficiency Technology, which allow farmers to increase yields while minimizing irrigation needs and reducing chemical usage. The company has established licensing agreements with leading multinational seed firms and has successfully entered markets in China and India. Notably, Performance Plants regulates the plant's own genes rather than introducing foreign genes, promoting sustainable agricultural practices. With a strong research and development foundation, Performance Plants is committed to addressing the challenges of climate variability and food security globally.

Woodland Biofuels

Seed Round in 2007
Woodland Biofuels Inc. is a privately-owned Canadian company based in Toronto, established in 2000. It specializes in producing renewable fuel by converting waste biomass into cellulosic ethanol and other high-value products. The company has developed and patented an efficient, low-cost technology that utilizes materials such as wood chips and agricultural waste, positioning it to become North America's lowest-cost producer of cellulosic ethanol. Woodland Biofuels aims to build, own, and operate its own cellulosic ethanol plants while also exploring selective licensing opportunities for its innovative technology.

Electrovaya

Debt Financing in 2005
Electrovaya is a publicly traded company listed on the Toronto Stock Exchange (TSX: EFL). Its head office is in Mississauga, Ontario and its US headquarter is in Saratoga County, New York. Additional information is available at www.sedar.com. Electrovaya became a public company in November 2000 with a listing on the Toronto Stock Exchange under the symbol EFL. Prior to its public offering Electrovaya had been a research and development company co-founded in 1996 by Dr. Sankar Das Gupta and Dr. James Jacobs.

Hydrogenics

Grant in 2003
Hydrogenics Corporation designs, develops, and manufactures hydrogen generation and fuel cell products utilizing water electrolysis and proton exchange membrane (PEM) technologies. The company operates through two main segments: OnSite Generation and Power Systems. The OnSite Generation segment offers hydrogen generation products, including alkaline electrolyzers branded as HySTAT and HyLYZER, which are tailored for both indoor and outdoor applications, primarily targeting industrial customers in need of high purity hydrogen produced on-site. The Power Systems segment provides PEM fuel cell products under the HyPM brand for various applications, including motive power for vehicles and stationary power solutions, catering to original equipment manufacturers and system integrators. Hydrogenics maintains a global presence with operations in Canada, Belgium, and Germany, and distributes its products through a direct sales force and a network of distributors. The company has also partnered with Air Liquide to advance PEM electrolysis technologies. Headquartered in Mississauga, Canada, Hydrogenics has been a subsidiary of Cummins Inc. since September 2019.
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