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 Energy Efficiency

ZEN Electric Bikes

Grant in 2022
Zen Electric Bikes focuses on producing electric bikes designed to promote the adoption of electrified transportation. By offering a variety of e-bikes available in multiple colors at affordable prices, the company aims to provide efficient and environmentally-friendly transportation solutions. Zen Electric Bikes emphasizes reducing carbon footprints and supports mental and physical well-being through active mobility. Additionally, the company is committed to creating sustainable practices that benefit both the planet and humanity, reinforcing the positive impact of electric mobility on modern transportation.

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.

Eavor

Venture Round in 2021
Eavor Technologies Inc. is a geothermal technology company based in Calgary, Canada, founded in 2017. It focuses on creating a clean and reliable energy future through its innovative Eavor-Loop™ system, which extracts heat from deep within the Earth for commercial heating and electricity generation. This system employs advanced drilling techniques and integrates existing commercial components in a novel configuration, allowing for scalable and steady green power production. Eavor's technology circulates a benign working fluid in a closed loop, isolating it from the environment while harvesting heat from geologically accessible rock temperatures. The company also operates the Eavor-Lite™ Demonstration Project as a prototype for its technology suite, addressing challenges traditionally associated with geothermal energy.

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.

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.

SeeO2 Energy

Seed Round in 2020
SeeO2 Energy is a company focused on efficiently converting carbon dioxide (CO2) into marketable and clean value-added fuels and chemicals using reversible fuel-cell technology. SeeO2 Energy is converting carbon dioxide into marketable and clean value-added fuels and chemicals using reversible fuel technology. Its electrolyzers can efficiently generate gases on-site such as hydrogen, carbon monoxide, or oxygen in a reliable way. The company is developing an efficient and high performance reversible solid oxide cells (RSOFCs). Its technology, which involves the use of a high-performance catalyst material, allows the electrochemical conversion of water to hydrogen, carbon dioxide (CO2) to carbon monoxide (CO), and CO2 and water to produce syngas, a mixture of CO and H2.

Salient Energy

Grant in 2020
Salient Energy is focused on the commercialization of a novel zinc-ion battery developed from research at the University of Waterloo. This innovative battery technology is designed for electricity storage in the grid, offering a safer and more sustainable alternative to conventional lithium-ion batteries. Salient Energy's proprietary cathode materials uniquely incorporate zinc into their crystal lattice, resulting in a relatively high energy density. This advancement allows for the use of traditional battery designs compatible with existing manufacturing processes, making it feasible to produce these batteries in current facilities worldwide. Consequently, Salient Energy's products provide a cost-effective, long-lasting solution for energy storage, catering to the needs of electric industry stakeholders.

Effenco

Grant in 2020
Effenco Development inc. designs and manufactures Hydraulic Equipment Assisting Devices (HEAD) for heavy-duty vocational vehicles. The company designs and manufactures electric hybrid starter-generators, ultracapacitors, electric motor-driven hydraulic pumps, and electric air conditioning compressors. The company caters to blue-chip customers in Canada, New York, California, France, and Norway on waste trucks, dump trucks, and yard tractors. Effenco Development inc. was founded in 2006 and is based in Montreal, Canada with additional offices in Los Angeles, California; Paris, France; Kongsberg, Norway.

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.

Power HV

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

G2V Optics

Seed Round in 2020
G2V's founding mission is to develop and commercialize technology that will enable food production for a growing population while significantly reducing fresh water and land use. We do this by improving yield, quality, and operating costs for commercial growers by providing efficient 'engineered sunlight'​. Our advanced technology provides greenhouses, vertical farms, and home growers with multi-zone lighting and plant monitoring, allowing a grower to keep tabs on their entire crop. We are obsessed with using new technology to make a difference and continue to develop some of the most dynamic and innovative new products for the horticulture market.

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.

Synauta

Grant in 2020
Synauta is a cleantech startup collaborating with desalination innovators in Europe, Australia, the Middle East and Canada. Together these companies share our goal of reducing energy and chemical use in desalination. Founded in 2018, their vision is that they all live in a world where energy and water is not wasted. With their solution they estimate the global industry can save more than 3 million tonnes of CO2 every year.

EnerPure

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

C2CNT

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

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.

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.

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.

Eavor

Grant in 2019
Eavor Technologies Inc. is a geothermal technology company based in Calgary, Canada, founded in 2017. It focuses on creating a clean and reliable energy future through its innovative Eavor-Loop™ system, which extracts heat from deep within the Earth for commercial heating and electricity generation. This system employs advanced drilling techniques and integrates existing commercial components in a novel configuration, allowing for scalable and steady green power production. Eavor's technology circulates a benign working fluid in a closed loop, isolating it from the environment while harvesting heat from geologically accessible rock temperatures. The company also operates the Eavor-Lite™ Demonstration Project as a prototype for its technology suite, addressing challenges traditionally associated with geothermal energy.

E3P Technologies

Grant in 2019
Manufacturer of a zero-emission compressor intended to reduce greenhouse gas emissions. The company product eliminates methane leaks typically associated with well-site natural gas compression, enabling oil and gas industries to reduce overall greenhouse gas emissions generated during operations.

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.

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.

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.

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.

Opus One Solutions

Grant in 2016
Opus One Solutions Energy Corporation is a software engineering company that specializes in innovative energy management solutions. Founded in 2011 and headquartered in Richmond Hill, Canada, with additional offices in Massachusetts and New York, the company has developed GridOS, a pioneering real-time operating system designed for smart grid applications. GridOS integrates various energy resources, including generation, storage, and demand, with information systems such as sensors and analytics to enhance grid management. The platform supports distributed energy resource management, microgrid operations, and transactive energy functionalities, allowing utilities to optimize energy planning and operations. By leveraging intelligent algorithms for real-time analytics, Opus One Solutions aims to improve grid reliability, efficiency, and sustainability, ultimately facilitating the transition to a cleaner energy future.

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.

Loop Energy

Grant in 2016
Loop Energy Inc. is a Canadian company that specializes in designing, developing, and marketing hydrogen fuel cell solutions for heavy-duty transportation and power generation applications. Established in 2000 and based in Burnaby, the company focuses on creating pollution-free transportation technologies that aim to significantly reduce harmful emissions. Loop Energy manufactures hydrogen fuel cell systems and modules, providing organizations with an alternative to traditional heavy-duty diesel engines, offering competitive cost of ownership without the environmental impact associated with fossil fuels. The company previously operated under the name PowerDisc Development Corp until its rebranding in February 2016.

Steeper Energy

Grant in 2015
Steeper Energy Aps is an energy project and technology development company based in Rudersdal, Denmark, with additional offices in Canada and Australia. Founded in 2011, the company specializes in producing advanced biofuels from low-value biomass, including agricultural and forestry residues. Its proprietary Hydrofaction process efficiently converts biomass into renewable fuels with high energy density, facilitating a transition to low-carbon options in the heavy transport sector, where electrification is challenging. Steeper Energy also engages in synthetic crude oil production from emerging resources like algae and cyanobacteria. Additionally, the company provides services related to technology assessment, vendor due diligence, and commercial arrangements, including energy off-take and feedstock procurement. With a focus on reducing carbon emissions and addressing climate change, Steeper Energy aims to contribute to a sustainable transport future while leveraging its partnerships and expertise in the field.
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