Natural Gas Innovation Fund

Natural Gas Innovation Fund supports the funding of clean-tech innovation in the natural gas value chain. Created by the Canadian Gas Association, NGIF seeks to fill a technology development gap in the sector and invest in innovation enabling natural gas solutions for current and emerging challenges facing Canada’s energy system. NGIF was founded in 2016 and is based in Ottawa, Canada.

John Adams

President and CEO

17 past transactions

Carbonova

Venture Round in 2024
Carbonova is a company focused on the development of carbon nanofibers, which have significant market applications due to their unique properties. The company has created a proprietary chemical process that converts carbon dioxide and waste heat from power plants into high-strength carbon fibers. This innovative approach allows industries to utilize greenhouse gas emissions as feedstocks, transforming them into sustainable and valuable solid commodities. By enhancing performance through its technology-based platform, Carbonova aims to contribute to environmental sustainability while providing economic benefits.

Ionomr

Series A in 2023
Ionomr is pioneering and commercializing the world's most advanced ion-exchange materials. These provide an enabling platform for clean tech solutions after more than five decades of stagnation in available materials. Using our deep knowledge of scalable electrochemical systems, we enable more efficient systems that will lead to the decarbonization of the planet for future generations. To date, electrochemical applications in the clean tech realm use materials that contain toxic fluorinated chemicals (PFCs). PFCs leach into water sources and bioaccumulate for hundreds of years, having a dire impact on human health and the entire ecosystem. We are driven to replace these materials with our environmentally friendly hydrocarbon alternatives that reduce pollution at the source, and are proven to be more durable and efficient than incumbent materials. Ionomr's membranes and polymers are highly processable, which allow for simple integration into electrochemical systems. We enable optimal performance in applications for chemical & water remediation, energy storage and hydrogen. We are passionate about empowering the development of resilient and sustainable systems that will underlie the future of the renewable energy and circular chemical economies.

Hydron Energy

Grant in 2023
Hydron Energy is a company dedicated to providing cleaner fuel solutions for hard-to-decarbonize sectors within transportation and industry. It develops innovative gas separation technologies aimed at converting raw gases into refined fuels, addressing both environmental and economic challenges in the market. The company's focus is on producing renewable natural gas (RNG) from sources such as anaerobic digesters, wastewater treatment plants, and landfills. By offering an affordable and scalable approach to gas upgrading, Hydron Energy enables significant cost savings compared to traditional methods, contributing to the transition towards more sustainable energy practices.

ARIX Technologies

Series A in 2023
ARIX Technologies, Inc. is a robotics and data analytics company that specializes in the design and development of crawling robots for pipeline inspection, specifically within the oil and gas sector. Founded in 2017 and headquartered in Jackson, Louisiana, with an engineering office in Houston, Texas, the company focuses on enhancing the monitoring, testing, and analysis of pipeline assets in petrochemical facilities. By integrating advanced robotics with sophisticated data analytics, ARIX Technologies aims to transform the detection and management of corrosion, thereby improving safety and sustainability in manufacturing environments. Their technology not only helps companies reduce operational costs but also enhances overall data quality, potentially leading to significant savings in manufacturing expenses.

Validere

Series B in 2022
Validere is a measurement, reporting, and verification (MRV) software-as-a-service company that focuses on helping energy organizations manage their emissions data effectively. By transforming disconnected and incomplete information into actionable insights, Validere provides pathways for enhancing both financial performance and environmental sustainability. The company offers a comprehensive data platform that delivers real-time intelligence on product quality, particularly in the crude oil sector. This platform enables companies to access verifiable testing data, ensuring accurate business decisions and facilitating crude oil tests with the reliability of third-party labs. Additionally, Validere’s solutions allow managers to coordinate measurement and crude quality data across various field sites, supporting a modern approach to carbon tracking and reporting.

Ekona

Series A in 2022
Ekona Power Inc. is a Vancouver-based company focused on producing industrial-scale hydrogen through innovative renewable energy generation technology. The company utilizes methane from feedstock to create clean hydrogen and electrical power by converting natural gas into hydrogen, clean energy, and carbon dioxide. This solution caters to industrial hydrogen consumers as well as natural gas transmission and distribution companies, offering a low-cost approach to accessing clean energy for various industrial processes.

Ionomr

Series A in 2022
Ionomr is pioneering and commercializing the world's most advanced ion-exchange materials. These provide an enabling platform for clean tech solutions after more than five decades of stagnation in available materials. Using our deep knowledge of scalable electrochemical systems, we enable more efficient systems that will lead to the decarbonization of the planet for future generations. To date, electrochemical applications in the clean tech realm use materials that contain toxic fluorinated chemicals (PFCs). PFCs leach into water sources and bioaccumulate for hundreds of years, having a dire impact on human health and the entire ecosystem. We are driven to replace these materials with our environmentally friendly hydrocarbon alternatives that reduce pollution at the source, and are proven to be more durable and efficient than incumbent materials. Ionomr's membranes and polymers are highly processable, which allow for simple integration into electrochemical systems. We enable optimal performance in applications for chemical & water remediation, energy storage and hydrogen. We are passionate about empowering the development of resilient and sustainable systems that will underlie the future of the renewable energy and circular chemical economies.

Ekona

Series A in 2021
Ekona Power Inc. is a Vancouver-based company focused on producing industrial-scale hydrogen through innovative renewable energy generation technology. The company utilizes methane from feedstock to create clean hydrogen and electrical power by converting natural gas into hydrogen, clean energy, and carbon dioxide. This solution caters to industrial hydrogen consumers as well as natural gas transmission and distribution companies, offering a low-cost approach to accessing clean energy for various industrial processes.

Hyperion Global Energy

Seed Round in 2021
Hyperion Global Energy is focused on advancing carbon capture and recycling technology on an industrial scale. The company has developed innovative thermal reactors that aim to divert waste carbon dioxide emissions from heavy industry and convert them into valuable mineral commodities. Utilizing patented technology, Hyperion is capable of generating significant amounts of power in a compact design. This approach not only addresses the energy crisis but also contributes to mitigating the adverse effects of climate change, helping clients deliver affordable, clean, and safe energy solutions.

Solistra

Venture Round in 2020
The solistra corporation is a Solar-driven chemical processes to reduce greenhouse gas emissions from existing industrial processes. Solistra reduces greenhouse gas emissions from existing industrial operations though our solar-driven chemical process technologies. It is an early-stage cleantech start-up commercializing a solar-activated nanomaterial that is able to convert carbon dioxide and methane gas simultaneously into a suite of green chemicals and fuels. This revolutionary technology has the potential to revolutionize the way commodity chemicals are produced by making them low-impact, and carbon negative.

G4 Insights

Grant in 2019
G4 Insights is focused on developing and commercializing its proprietary PyroCatalytic Hydrogenation (PCH) process, which converts lignocellulosic biomass, such as forestry residue and agricultural crop waste, into various sustainable energy products. The PCH process is designed to produce green hydrogen, renewable natural gas, renewable syngas, and biochar, contributing to carbon dioxide removal credits in the market. Additionally, G4's technology can be applied in power-to-gas applications, effectively utilizing excess renewable power to enhance the generation of renewable natural gas. The PCH process offers significant advantages, including lower capital expenditure compared to traditional biomass gasification methods, allowing customers to use renewable natural gas in existing natural gas infrastructure without modifications.

Enersion

Venture Round in 2018
Enersion is a research and development company focused on innovative cooling, heating, and electricity solutions. It specializes in the creation of an adsorption chiller that utilizes nano-porous materials to convert waste heat directly into cooling, thereby eliminating the need for electrically powered compressors and synthetic refrigerants. The company's Tri-Generation technology efficiently transforms waste heat produced during power generation into both cooling and electricity, optimizing energy use and reducing costs. By employing natural gas and harnessing heat in the form of hot water, Enersion's products enable clients to achieve sustainable cooling and energy solutions that are both environmentally friendly and economically advantageous.

NextGrid

Venture Round in 2018
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.

iGEN Technologies

Venture Round in 2017
iGEN Technologies specializes in developing small-scale combined heat and power systems designed for residential heating. The company aims to enhance smart home comfort by providing efficient space heating and power generation solutions. By offering an innovative packaged system, iGEN Technologies enables consumers to meet essential heating and power needs while reducing fuel costs. This focus on energy efficiency positions the company within established market sectors, contributing to a more sustainable approach to residential energy consumption.

G4 Insights

Grant in 2017
G4 Insights is focused on developing and commercializing its proprietary PyroCatalytic Hydrogenation (PCH) process, which converts lignocellulosic biomass, such as forestry residue and agricultural crop waste, into various sustainable energy products. The PCH process is designed to produce green hydrogen, renewable natural gas, renewable syngas, and biochar, contributing to carbon dioxide removal credits in the market. Additionally, G4's technology can be applied in power-to-gas applications, effectively utilizing excess renewable power to enhance the generation of renewable natural gas. The PCH process offers significant advantages, including lower capital expenditure compared to traditional biomass gasification methods, allowing customers to use renewable natural gas in existing natural gas infrastructure without modifications.
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