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.

Leah Lawrence

President and CEO

Vicky J. Sharpe

President and CEO

Leo Bever Ph.D

Investment Director

Past deals in Canada

Progressive Planet Solutions

Grant in 2025
Progressive Planet Solutions Inc. is a junior mineral exploration company based in Vancouver, Canada, focused on the acquisition and exploration of mineral properties, primarily zeolite minerals. Incorporated in 2006, the company’s flagship asset is the Z1 Zeolite mine, located northeast of Cache Creek, British Columbia. Progressive Planet Solutions was previously known as Ashburton Ventures Inc. before rebranding in June 2018. The company is dedicated to exploring and developing its mineral properties to leverage the potential of zeolite in various applications.

Oneka Technologies

Grant in 2023
Oneka Technologies Inc. is a Canadian company specializing in the manufacture of wave-powered desalination systems that convert ocean water into potable water. Founded in 2015 and headquartered in Sherbrooke, Canada, with a testing site in Port St. Lucie, Florida, Oneka addresses the challenges of traditional desalination, which is often costly, inefficient, and environmentally harmful. By harnessing wave energy, Oneka's technology offers a sustainable and affordable solution to water scarcity, producing fresh water with zero greenhouse gas emissions and minimal land use. This innovative approach significantly reduces water costs—by up to 75%—for coastal communities and private islands, while delivering a low-maintenance and eco-friendly alternative in the growing desalination market.

VueReal

Grant in 2023
VueReal Inc. is a technology company based in Waterloo, Canada, founded in 2016, specializing in micro-LED displays. Its core innovation, the microSolid printing platform, facilitates the integration of millions of semiconductor devices onto large-area substrates, enabling the creation of advanced smart systems. This technology is particularly beneficial for applications in automotive, aerospace, and consumer electronics, including smartphones, laptops, TVs, and augmented reality systems. VueReal collaborates directly with original equipment manufacturers (OEMs) to develop customized solutions, addressing challenges in the transition to electric vehicles and autonomy. The company's displays are characterized by high transparency, brightness, reliability, and low power consumption. To broaden accessibility, VueReal is developing a turnkey solution for its printing technology, partnering with tool vendors, semiconductor fabs, and material companies. By licensing its technology and providing production printers along with semiconductor cartridges, VueReal aims to support both large corporations and smaller teams in creating innovative products tailored to specific customer needs.

Provision Analytics

Grant in 2023
Provision Analytics Inc., founded in 2018 and headquartered in Calgary, Canada, specializes in cloud-based solutions for food safety management. The company provides software designed for food processors and manufacturers, streamlining food safety processes by automating data input and recall procedures. This technology connects detailed process data with production outcomes, enabling the generation of analytics that help minimize food loss and improve quality control. By enhancing traceability and tracking throughout the supply chain, Provision Analytics supports the food industry in ensuring safety and compliance.

Hortau

Grant in 2023
Hortau Inc. is a Canadian company specializing in wireless and web-based irrigation management systems, founded in 2002 by experts in agronomy and soil physics. The company designs and manufactures advanced irrigation solutions, including the WEB-TX4 Field Monitoring Stations, which collect vital soil and weather data, and the 1k Extended Range Sensor, a tensiometer that aids growers in managing irrigation in arid conditions. Hortau also offers Field Control Units for remote operation of irrigation valves and engines, alongside Irrolis, a cloud-based software that provides real-time data analysis for agricultural operations. Additionally, the company produces various sensors for soil tension and environmental conditions, as well as comprehensive Weather Stations to monitor climatic factors affecting crop health. With operations in the United States and a focus on enhancing crop production while reducing water and energy use, Hortau aims to support farmers in optimizing yield and productivity.

VISUAL DEFENCE | CITYROVER

Grant in 2023
Visual Defence | CityRover is a security convergence company based in Richmond Hill, Ontario, founded in 2000. It specializes in delivering integrated security solutions over IP networks for a diverse clientele, including government agencies, airports, public transportation systems, and commercial enterprises. The company offers advanced safety and security services by utilizing digital audio-visual signals transmitted via wireless and physical networks. Its solutions enable the capture of data from various sources, such as cameras, microphones, and sensors, enhancing public safety and operational effectiveness. Visual Defence focuses on providing customizable and scalable solutions that align with specific business objectives, helping organizations reduce risk while maximizing return on investment through efficient management of existing security infrastructure.

BrainBox AI

Grant in 2023
BrainBox AI Inc. is a Montreal-based company that designs and develops artificial intelligence-driven technology to optimize building heating, ventilation, and air conditioning (HVAC) systems. Founded in 2017, the company utilizes cloud-based computing and deep learning algorithms to create an autonomous solution that enables buildings to operate continuously with maximum energy efficiency. BrainBox AI’s platform automaps HVAC control points and analyzes data to generate predictive maintenance modules, providing building operators with valuable fault detection diagnostics. By optimizing existing HVAC systems, BrainBox AI helps clients significantly reduce energy consumption and carbon emissions, leading to cost savings and enhanced sustainability in building management.

3E Nano

Grant in 2023
3E Nano Inc. is a Canadian company that specializes in the development and commercialization of diamond-like carbon coatings designed to manage heat and light emission. Founded in 2006 and headquartered in Kitchener, the company produces optically and thermally tunable solar control coatings suitable for a range of applications, including windows, windshields, greenhouses, and other transparent media. Their low-cost, nano-thin film technology allows manufacturers to create energy-efficient products that contribute to greenhouse gas reduction. By focusing on innovative coatings for buildings and vehicles, 3E Nano aims to enhance energy management and sustainability in various industries.

Next Hydrogen Solutions

Grant in 2023
Next Hydrogen Solutions, established in 2007 and headquartered in Mississauga, Canada, specializes in the design and manufacture of electrolyzers. These devices use water and electricity to produce clean hydrogen, enabling efficient conversion of intermittent renewable power into a storable, emission-free energy source. The company offers a range of services, including installation, maintenance, training, and consulting, to support end users in their hydrogen production. Next Hydrogen Solutions aims to reduce clean hydrogen generation costs, facilitating its widespread adoption in decarbonizing the global economy.

Future Fields

Grant in 2023
Future Fields is a company focused on sustainable production through insect biotechnology, specifically utilizing its EntoEngine™ platform, which leverages the genetic capabilities of fruit flies to generate environmentally friendly biomolecules. Founded in 2018 and based in Edmonton, Canada, Future Fields specializes in developing insect-based recombinant proteins that serve as growth components essential for cell culture. By prioritizing sustainability, the company aims to reduce the environmental impact of protein production while enhancing the economic feasibility of cell-based foods in the agriculture industry. Future Fields is supported by notable venture capital firms and investors from Silicon Valley and beyond.

Nano One

Grant in 2023
Nano One is a Vancouver-based technology company with a scalable industrial process for producing low cost high performance energy storage materials for batteries and a wide range of advanced nanostructured composite materials. This novel three-stage process uses equipment common to industry and is being engineered for high volume production and rapid commercialization. Nano One has 6 US and 6 International patents pending. Our management and technology teams consist of individuals seasoned in financing, capital growth, technology management, chemistry, materials science, batteries, process engineering and intellectual property.

Next Hydrogen Solutions

Grant in 2022
Next Hydrogen Solutions, established in 2007 and headquartered in Mississauga, Canada, specializes in the design and manufacture of electrolyzers. These devices use water and electricity to produce clean hydrogen, enabling efficient conversion of intermittent renewable power into a storable, emission-free energy source. The company offers a range of services, including installation, maintenance, training, and consulting, to support end users in their hydrogen production. Next Hydrogen Solutions aims to reduce clean hydrogen generation costs, facilitating its widespread adoption in decarbonizing the global economy.

Peak Power

Grant in 2022
Peak Power Inc. is a Toronto-based energy storage services provider established in 2015, with operations in New York, New England, and California. The company specializes in intelligent software solutions, notably its flagship platform, Peak Synergy, which optimizes energy management for commercial real estate and industrial clients. By focusing on battery energy storage systems, grid-interactive buildings, and electric vehicles, Peak Power helps customers minimize operational costs, reduce emissions, and participate in energy markets by selling energy back to the grid. The software is designed to enhance existing revenue streams and adapt to evolving market conditions, while the company's services encompass project development, construction, operation, financing, and maintenance. Peak Synergy has been deployed across over 13 million square feet of real estate, managing approximately 150 MWh of combined battery and electric vehicle capacity.

Anodyne Chemistries

Grant in 2022
Anodyne Chemistries is focused on producing sustainable chemicals by utilizing nature's enzymes and renewable electricity. The company has developed innovative technologies that enable the transformation of carbon dioxide into valuable chemicals, materials, and fuels, traditionally derived from fossil fuels. By employing bioelectric pathways and engineering novel enzymes, Anodyne aims to maximize carbon efficiency in chemical production, thereby addressing climate change and reversing the carbon imbalance. Their approach not only eliminates emissions but also enhances cost-effectiveness for clients by enabling the biological conversion of carbon dioxide and bio-based feedstocks into various industrial chemicals. Based in Vancouver, Canada, Anodyne Chemistries is committed to creating a climate-positive world through advanced biochemistry and sustainable practices.

Intelligent City

Series A in 2022
Intelligent City Inc., founded in 2008 and based in Vancouver, Canada, specializes in the design and construction of urban housing. The company has developed a technology-enabled building platform aimed at addressing critical urban challenges such as affordability and sustainability. Its approach integrates various stages of construction—design, architecture, engineering, and fabrication—into a cohesive system. By leveraging principles of mass customization, Intelligent City combines the flexibility of personalized products with the cost-effectiveness of mass production. The company focuses on mass timber building services and employs advanced techniques, including passive house performance and automated manufacturing, to create housing solutions that are environmentally sustainable, socially responsible, and long-lasting.

Sollum

Grant in 2022
Sollum Technologies Inc., established in 2015 and headquartered in Montreal, Canada, specializes in designing and manufacturing innovative lighting systems. The company's core products are LED hardware and a programmable platform that mimic the natural light spectrum and circadian rhythm, optimizing growth conditions for crops and animals. Sollum's solutions are tailored to greenhouse producers, offering dynamic, full-spectrum LED lighting that adapts to various growth stages and native climates. This results in significant energy savings, enhanced productivity, and superior produce quality, while also being environmentally responsible.

Enedym

Grant in 2022
Enedym is a technology company based in Hamilton, Ontario, specializing in the development of magnet-free switched reluctance motors (SRMs), ePowertrains, and motor controls. Originating from research at McMaster University, the company holds over 50 patents and pending applications related to its innovations in electric propulsion technology. Enedym aims to significantly reduce the cost of electric propulsion motors while enhancing their efficiency and reliability. Their electric motors are designed for high-speed performance, fault-tolerant operation, and can function effectively in harsh and high-temperature environments. By leveraging novel SRM drive technologies, Enedym seeks to transform the electric motor industry and provide clients with advanced, cost-effective electric solutions.

Open Ocean Robotics

Grant in 2021
Open Ocean Robotics is a company focused on collecting ocean data using solar-powered autonomous boats. Founded in 2018 and based in Victoria, British Columbia, the company operates unmanned surface vehicles (USVs) equipped with sensors, cameras, and communication devices. These boats can gather information from various locations in the ocean, providing real-time data that can aid in protecting endangered whale species, optimizing shipping routes for fuel efficiency, combating illegal fishing, and enhancing understanding of climate change impacts. By offering a safe, efficient, and cost-effective alternative to traditional crewed vessels, Open Ocean Robotics enables clients to monitor ocean traffic and conduct marine observations effectively.

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.

Polystyvert

Grant in 2021
Polystyvert Inc., founded in 2011 and based in Anjou, Canada, specializes in polystyrene recycling services. The company utilizes innovative dissolution technology to efficiently collect and recycle polystyrene, restoring it to its original quality. By doing so, Polystyvert aims to significantly reduce the amount of polystyrene waste in landfills while minimizing fossil fuel consumption and promoting environmental sustainability. Their approach not only enhances the product life cycle of polystyrene but also contributes to eco-friendly practices within the industry.

SENTRY

Grant in 2021
SENTRY is a Canadian company that specializes in biological monitoring solutions for the water and wastewater treatment industry. It has developed a bio-electrode sensor technology that provides real-time insights into microbial performance within both anaerobic and aerobic treatment systems. By monitoring microbial metabolic activity, SENTRY's platform enables operators to make immediate adjustments to optimize treatment processes and minimize adverse effects on water system performance. With a focus on enhancing operational efficiency, SENTRY serves a global customer base, addressing the critical needs of water management in various settings.

Milk Moovement

Grant in 2021
Milk Moovement is a software company focused on the dairy industry, specializing in the raw milk supply chain. Founded in 2018 and based in Halifax, Nova Scotia, the company offers a cloud-based platform that connects various stakeholders in the dairy supply chain. Its milk management system serves as an Enterprise Resource Platform for tracking milk pick-ups and monitoring production, which helps identify process improvements and enhance performance. The platform includes features such as transportation monitoring, production tracking, quality assessment, and producer payment, providing users with access to essential metrics and historical data. By streamlining operations and reducing waste, Milk Moovement aims to increase efficiency and profitability across the dairy supply chain.

Oneka Technologies

Grant in 2021
Oneka Technologies Inc. is a Canadian company specializing in the manufacture of wave-powered desalination systems that convert ocean water into potable water. Founded in 2015 and headquartered in Sherbrooke, Canada, with a testing site in Port St. Lucie, Florida, Oneka addresses the challenges of traditional desalination, which is often costly, inefficient, and environmentally harmful. By harnessing wave energy, Oneka's technology offers a sustainable and affordable solution to water scarcity, producing fresh water with zero greenhouse gas emissions and minimal land use. This innovative approach significantly reduces water costs—by up to 75%—for coastal communities and private islands, while delivering a low-maintenance and eco-friendly alternative in the growing desalination market.

Ecoation Innovative Solutions

Grant in 2021
Ecoation Innovation Solutions specializes in providing greenhouse growers with advanced tools for the early detection of pests, diseases, and nutrient deficiencies that can impact crop value. By harnessing proprietary artificial intelligence and plant signal data, Ecoation's system delivers daily updates on crop health directly to growers through desktop and smartphone applications. This technology empowers growers to take prompt actions that enhance crop value, lower operating costs, and minimize pesticide usage. Based in Canada, Ecoation's innovative platform integrates elements of biology, automation, sensing, and robotics, aiming to transform agricultural practices and improve overall crop productivity. The company is currently conducting paid field trials in British Columbia greenhouses to demonstrate the effectiveness of its solutions.

PyroGenesis Canada

Grant in 2021
PyroGenesis Canada Inc. specializes in the design, development, manufacturing, and commercialization of advanced plasma processes and systems. The company offers a range of innovative solutions for various industries, including metallurgical, mining, oil and gas, and environmental sectors. Key products include the DROSRITE process for enhancing metal recovery from dross, plasma atomized metal powders, and the PUREVAP process for producing high purity silicon. Additionally, PyroGenesis provides plasma torches for applications in waste treatment, nanotechnology, and advanced materials production, as well as systems for plasma arc gasification and waste destruction. The company is recognized for its engineering and manufacturing expertise, operating from a significant facility in Montréal, Canada, and serving clients across multiple countries.

Terramera

Grant in 2021
Terramera, founded in 2009 and based in Vancouver, Canada, specializes in developing and manufacturing plant-based pesticides and fertilizers as alternatives to conventional chemical products. The company offers solutions such as Proof for bed bug and dust mite control, Actigate as an organic pesticide, and Rango for pest control and crop protection. Terramera's technology platforms integrate artificial intelligence, science, and nature to promote sustainable farming practices, aiming to create a healthy and safe environment free from toxic chemicals. This approach supports farmers in achieving improved yields and profits through organic and sustainable methods.

Axine Water Technologies

Grant in 2021
Axine Water Technologies Inc. is a Vancouver-based company specializing in innovative wastewater treatment solutions. Established in 2010, it focuses on developing chemical-free systems that effectively treat high concentrations of complex, toxic organics and ammonia found in industrial wastewater. Utilizing a proprietary electrolytic oxidation technology, Axine's systems can address a broad range of pollutants, including phenols, pharmaceuticals, dioxins, and various organic compounds, without generating sludge or requiring chemical additives. The company aims to provide cost-effective and energy-efficient alternatives to traditional wastewater treatment methods, catering to industries such as oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management. Its solutions enable both industrial and municipal clients to enhance the performance and reduce the costs of their wastewater treatment processes.

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.

Maxen

Pre Seed Round in 2021
Maxen is a Montreal-based company focused on reducing the environmental footprint of buildings by enhancing energy efficiency and operational management. The company develops management systems that allow building managers to optimize their operations and energy processes. Maxen's platform facilitates equipment audits compatible with computerized maintenance management systems, integrating seamlessly with clients' building management systems. This approach enables businesses to achieve centralized, structured, and accessible operations management, ultimately promoting sustainable practices within the built environment.

Summit Nanotech

Seed Round in 2020
Summit Nanotech Corporation is a cleantech company based in Calgary, Canada, that specializes in innovative lithium extraction methods aimed at supporting the global energy transition. Founded in 2018, the company has developed a patented direct lithium extraction (DLE) technology that offers a more sustainable and environmentally friendly approach compared to traditional extraction methods. By collaborating with mining companies and lithium asset owners in Chile and Argentina, Summit Nanotech aims to conserve natural resources while optimizing lithium production operations. Its focus on providing cost-effective solutions positions Summit Nanotech as a key player in the lithium supply chain, addressing industry challenges while minimizing environmental impact.

ReelData AI

Seed Round in 2020
ReelData AI specializes in developing artificial intelligence software tailored for the aquaculture industry. Based in Halifax, Canada, the company offers advanced monitoring solutions for fish farms, utilizing feed cameras to measure key metrics such as biomass, sea lice presence, and overall fish health in real-time. This technology enables fish farms to optimize their operations by providing crucial insights into weight distributions, feeding patterns, and growth analysis. By improving the efficiency of feed usage and enhancing fish health, ReelData AI aims to support aquaculture businesses in maximizing their productivity and sustainability. The company was established in 2019.

Evercloak

Seed Round in 2020
Evercloak Inc., founded in 2018 and based in Waterloo, Canada, specializes in the manufacturing of ultra-thin graphene and other two-dimensional nanomaterial films geared towards clean technology applications. The company employs a low-cost advanced manufacturing process that facilitates the continuous coating of single-layer nanomaterials. This innovative platform aims to support disruptive clean technologies across various sectors, including oil and gas, nuclear energy, mining, and agri-food. Evercloak's mission is to enhance energy efficiency in building cooling systems, thereby creating comfortable indoor environments while significantly reducing energy consumption and greenhouse gas emissions.

Phycus Biotechnologies

Seed Round in 2020
Phycus Biotechnologies Inc. is a Toronto-based company founded in 2017 that specializes in producing ingredients for the cosmetics and personal care industries, including bioglycolic acid and AHA ferment products. Additionally, the company operates a bio-conversion platform that focuses on capturing and converting carbon dioxide from large-scale emitters into valuable chemical building blocks. By employing microbial technology and metabolic engineering techniques, Phycus aims to provide sustainable alternatives for recycling carbon dioxide into fuels and chemicals. This innovative approach not only supports various industrial applications but also contributes to reducing the overall greenhouse gas footprint, aligning with environmental sustainability goals.

Milk Moovement

Seed Round in 2020
Milk Moovement is a software company focused on the dairy industry, specializing in the raw milk supply chain. Founded in 2018 and based in Halifax, Nova Scotia, the company offers a cloud-based platform that connects various stakeholders in the dairy supply chain. Its milk management system serves as an Enterprise Resource Platform for tracking milk pick-ups and monitoring production, which helps identify process improvements and enhance performance. The platform includes features such as transportation monitoring, production tracking, quality assessment, and producer payment, providing users with access to essential metrics and historical data. By streamlining operations and reducing waste, Milk Moovement aims to increase efficiency and profitability across the dairy supply chain.

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 is an autotech company focused on the electrification of heavy-duty vehicles and connected mobility within the transport sector. Established in 2006 and headquartered in Montréal, Quebec, the company has developed the Active-Stop-Start electric hybrid technology, which enhances the energy efficiency of heavy goods vehicles and reduces greenhouse gas emissions by 30%. This innovative system utilizes ultracapacitor-based technology to electrify the propulsion and on-board equipment of vocational trucks. Effenco's solution automatically shuts down the engine when vehicles are stationary, providing electric power to essential systems such as heating, ventilation, and air conditioning. By eliminating engine use during idling, the technology significantly lowers operational costs and environmental impact, making it an attractive option for both existing and new heavy-duty vehicles. Effenco operates in the United States and Europe, leveraging extensive real-world operating data and advanced AI algorithms to support its mission of fostering a sustainable future in the transport industry.

Sollum

Grant in 2020
Sollum Technologies Inc., established in 2015 and headquartered in Montreal, Canada, specializes in designing and manufacturing innovative lighting systems. The company's core products are LED hardware and a programmable platform that mimic the natural light spectrum and circadian rhythm, optimizing growth conditions for crops and animals. Sollum's solutions are tailored to greenhouse producers, offering dynamic, full-spectrum LED lighting that adapts to various growth stages and native climates. This results in significant energy savings, enhanced productivity, and superior produce quality, while also being environmentally responsible.

Miru Smart Technologies

Grant in 2020
Miru Smart Technologies, formerly known as Click Materials, is a Vancouver-based company specializing in advanced materials, particularly in the development of electrochromic windows for residential, commercial, and automotive applications. Founded as a university spin-off, Miru leverages over a decade of academic and industrial research to innovate traditional thin film production. This advanced fabrication process is designed to provide superior performance at lower manufacturing costs compared to existing technologies. By focusing on strategic partnerships, Miru aims to integrate its window technology into the growing trends of connected smart buildings and voice-activated smart homes, contributing to reduced greenhouse gas emissions and enhanced energy efficiency.

CryoLogistics

Grant in 2020
CryoLogistics Refrigeration Technologies, based in British Columbia, specializes in clean-tech cold chain equipment manufacturing. The company has developed a modular, liquid-cooled shipping container that utilizes carbon dioxide for refrigeration. This innovative container is designed to transport palletized loads of high-value, temperature-sensitive food and pharmaceuticals efficiently through the global supply chain. By offering rapid and reliable cooling power, CryoLogistics enables shippers to reduce transportation costs, improve delivery speed, and expand their customer base, all while minimizing total emissions compared to traditional refrigeration systems.

Nouveau Monde Graphite

Grant in 2020
Nouveau Monde Graphite Inc. is a mineral exploration company focused on the acquisition, exploration, evaluation, and development of graphite properties in Quebec, Canada. Founded in 2011 and headquartered in Saint-Michel-des-Saints, the company owns the Matawinie property, which consists of 319 mining claims covering 17,585 hectares located north of Montreal. Nouveau Monde Graphite is dedicated to developing a natural graphite-based anode material aimed at supplying the lithium-ion battery industry, thereby targeting the growing North American market for battery-grade materials. The company emphasizes environmentally responsible practices in its operations, aligning with the increasing demand for sustainable and low-impact sources of natural graphite for battery manufacturers. Its projects include the Matawinie Mine and the Battery Material Plant, positioning Nouveau Monde Graphite as a key player in the green energy transition.

TROES

Seed Round in 2020
TROES is a Canadian company focused on developing advanced battery energy storage technologies and solutions aimed at the middle-market. By utilizing patented modularized energy storage hardware and software, TROES addresses the challenges faced by commercial and industrial clients in utilizing traditional energy grids. Their systems provide smart distributed energy storage services that help clients reduce energy costs, lower carbon footprints, and enhance energy reliability. TROES enables enterprises and consumers to benefit from backup power, portable energy solutions, and improved electricity management, while also unlocking project opportunities that were previously hindered by high costs and inefficiencies.

G2V Optics

Seed Round in 2020
G2V Optics Inc. is a manufacturer of LED solar simulators and commercial lighting automation products tailored for scientific applications, vertical farming, and industrial use. Established in 2015 and headquartered in Edmonton, Canada, the company focuses on developing innovative solutions to enhance food production while minimizing fresh water and land use. G2V Optics offers a range of products including horticulture lighting, pico solar simulators, and sunbrick solar simulators. Their technology enables growers—whether in greenhouses, vertical farms, or home settings—to monitor and optimize crop performance through multi-zone lighting and plant monitoring systems. By improving yield, quality, and operating costs, G2V Optics aims to support the growing global food demand with efficient, engineered sunlight solutions.

Swirltex

Seed Round in 2020
Swirltex Inc. is a Canadian company that specializes in designing and supplying custom wastewater treatment systems for various applications, including wastewater treatment, produced water treatment, dairy processing, mining wastewater, and beverage clarification. Incorporated in 2015 and based in Calgary, Swirltex develops innovative membrane systems that utilize buoyancy to effectively separate solids and liquids. This unique approach allows for the treatment of water that may otherwise be deemed unusable, enhancing production efficiency while minimizing pollution. By manipulating the buoyancy of contaminants within the liquid stream, Swirltex's systems enable greater flow through a smaller surface area, reducing membrane fouling and resulting in significant cost savings for clients.

Halion Displays

Seed Round in 2020
Halion Displays Inc., founded in 2015 and located in Waterloo, Canada, specializes in the development of low-power, full-color displays designed for portable devices, including smartwatches and e-readers. The company's innovative technology is inspired by traditional printing methods, utilizing advanced cyan, magenta, and yellow materials that can rapidly change colors, thus providing a high refresh rate. Halion Displays aims to establish a new global standard in display technologies, offering daylight-visible displays that combine the best features of print with the capability to display video, enhancing the user experience in next-generation devices.

PowerTree

Seed Round in 2020
PowerTree Inc., founded in 2018 and based in Montreal, Canada, develops a user-friendly software solution designed to streamline electrical maintenance for buildings. This platform enables electricians and electrical engineers to manage their documentation independently, eliminating the need for an electrical drafter. By providing real-time information about electrical infrastructure, the software enhances collaboration across departments and shifts. Additionally, it generates email alerts when predefined situations arise, allowing electricians to address issues promptly and effectively. PowerTree's focus on optimizing daily operations and maintaining up-to-date documentation supports companies in keeping their electrical systems well-managed and efficient.

Equispheres

Grant in 2020
Equispheres Inc. is a Canadian company based in Ottawa, established in 2015, that specializes in the development, manufacture, and marketing of high-performance spherical metal powders for additive manufacturing and metal spray applications, particularly in the aerospace and automotive sectors. The company employs a patent-pending atomization technology that produces uniform, agglomerate-free metal powders with specific characteristics, such as narrow particle size distribution and excellent sphericity. These features enhance the flowability and microstructure of the powders, improving the quality of end products without the need for additional processing like sieving. Equispheres aims to enable manufacturers to fully realize the potential of industrial additive manufacturing while reducing production costs and increasing efficiency.

Anaergia

Grant in 2020
Anaergia Inc. is a company based in Burlington, Canada, that specializes in generating renewable energy from biogas through advanced anaerobic digestion of organic waste from municipal, agricultural, and industrial sources. The company’s offerings include technologies for producing clean energy, fertilizers, and recycled water, as well as municipal wastewater solutions and services for waste diversion and renewable natural gas applications. Anaergia operates through three main segments: Capital Sales, Services, and Build, Own, and Operate Projects, with the Capital Sales segment generating the majority of its revenue from the sale of proprietary technology solutions to municipalities, private entities, and project developers. The company's solutions are implemented in resource recovery facilities globally, with a presence in North America, Europe, and Asia.

Borealis Wind

Grant in 2020
Borealis Wind, founded in 2016 and headquartered in Kitchener, Ontario, Canada, specializes in developing innovative solutions for the wind energy sector. The company has created a patented internal blade heating retrofit designed to be installed within the rotor blades of wind turbines. This device effectively prevents and removes ice buildup, which is crucial for maintaining the efficiency and reliability of wind turbines, particularly in cold climates. By addressing the challenges posed by ice accumulation during winter, Borealis Wind aims to enhance production and revenue for wind farms, ultimately contributing to the advancement of renewable energy technologies.

RecycleSmart Solutions

Grant in 2020
RecycleSmart Solutions is a Canadian waste management company that specializes in optimizing recycling processes for businesses. It operates the largest container sensor system in Canada, providing real-time data and analytics to enhance hauling efficiencies, reduce costs, and increase waste diversion rates. By leveraging data-driven insights, RecycleSmart helps businesses streamline their waste collection and recycling operations, enabling them to maximize cost savings and simplify their daily processes.

H2nanO

Grant in 2019
H2nanO Inc. is a Canadian company that specializes in the development of advanced wastewater treatment technologies for municipal and industrial applications. Founded in 2015 and headquartered in Kitchener, with an additional office in Waterloo, the company focuses on creating innovative nonmaterial and nanotechnology products aimed at enhancing water treatment processes. H2nanO emphasizes sustainable and nature-based solutions that not only improve water quality but also contribute to emissions reduction, particularly in the resources sector.

Routific

Grant in 2019
Routific, Inc. is a provider of route optimization software designed to assist small and medium-sized delivery businesses in Canada and internationally. Headquartered in Vancouver, Canada, the company offers an intelligent delivery management solution that automates vehicle routing and scheduling operations. Inspired by the foraging behaviors of honey bees, Routific's platform features intelligent route optimization, dispatch and live tracking, and delivery notifications, enabling businesses to save time and fuel while reducing carbon emissions by 20-40%. By enhancing driver efficiency and customer satisfaction, Routific's technology is trusted by delivery companies worldwide to lower delivery costs and improve overall operational effectiveness.

Kaloom Networks

Grant in 2019
Kaloom Inc. is a Montreal-based company that specializes in large-scale networking solutions, analytics, and artificial intelligence. Founded in 2014, Kaloom develops an automated, programmable data center networking platform aimed at transforming the management and operation of networks for various sectors, including telecommunications, cloud services, gaming, and data center operations. The company's offerings include programmable spine and leaf switches, as well as storage and application servers. Its platform is designed to support simultaneous 4G and 5G applications, facilitating network slicing and reducing operational complexities and costs for clients managing distributed edge networks. With a team of experienced technology veterans, Kaloom is backed by notable investors and maintains research and development facilities in Montreal, along with a sales office in Silicon Valley.

Nouveau Monde Graphite

Grant in 2019
Nouveau Monde Graphite Inc. is a mineral exploration company focused on the acquisition, exploration, evaluation, and development of graphite properties in Quebec, Canada. Founded in 2011 and headquartered in Saint-Michel-des-Saints, the company owns the Matawinie property, which consists of 319 mining claims covering 17,585 hectares located north of Montreal. Nouveau Monde Graphite is dedicated to developing a natural graphite-based anode material aimed at supplying the lithium-ion battery industry, thereby targeting the growing North American market for battery-grade materials. The company emphasizes environmentally responsible practices in its operations, aligning with the increasing demand for sustainable and low-impact sources of natural graphite for battery manufacturers. Its projects include the Matawinie Mine and the Battery Material Plant, positioning Nouveau Monde Graphite as a key player in the green energy transition.

Cellufuel

Grant in 2019
CelluFuel Inc. specializes in producing synthetic renewable fuels derived from forestry resources. Established in 2008 and headquartered in Halifax, Canada, the company is dedicated to advancing the commercialization of renewable liquid fuels across North America. It focuses on the development and deployment of innovative technology that converts woody biomass into renewable diesel fuel. By operating a synthetic renewable fuel refinery, CelluFuel aims to provide sustainable energy solutions that deliver both economic and environmental benefits.

Open Ocean Robotics

Grant in 2019
Open Ocean Robotics is a company focused on collecting ocean data using solar-powered autonomous boats. Founded in 2018 and based in Victoria, British Columbia, the company operates unmanned surface vehicles (USVs) equipped with sensors, cameras, and communication devices. These boats can gather information from various locations in the ocean, providing real-time data that can aid in protecting endangered whale species, optimizing shipping routes for fuel efficiency, combating illegal fishing, and enhancing understanding of climate change impacts. By offering a safe, efficient, and cost-effective alternative to traditional crewed vessels, Open Ocean Robotics enables clients to monitor ocean traffic and conduct marine observations effectively.

SucSeed

Grant in 2019
SucSeed is a socially-driven hydroponics company. They sell their grow tanks and accessories to households across Canada. Their at-home hydroponic systems are built by Choices For Youth, an organization that supports and employs youth facing barriers to work and housing.

Mangrove Water Technologies

Grant in 2019
Mangrove Water Technologies Ltd. specializes in the manufacture of wastewater desalination systems, focusing on the treatment and purification of contaminated well water. The company has developed a modular and mobile technology that converts saline wastewater and waste gases into desalinated water and valuable chemicals for on-site use. Founded in 2017 and headquartered in Vancouver, Canada, the company has advanced its technology from concept to commercial-scale demonstrations over four years. The technology originates from research conducted at the University of British Columbia's Chemical Engineering Department, supported by various funding agencies, including Emissions Reduction Alberta and the Natural Sciences and Engineering Research Council of Canada.

Direct-C

Grant in 2019
Direct-C Limited is a Canadian company specializing in hydrocarbon leak detection sensors and remote communication systems tailored for the oil and gas industry. Founded in 2014 and headquartered in Edmonton, with additional offices in Calgary and Bath, the company has developed innovative solutions such as SubSense, a mobile ground probe for site monitoring; PatchSense, which involves affixing sensors directly to pipelines; and TankSense, designed for storage tank monitoring. Their proprietary nanocomposite coating technology specifically reacts to liquid hydrocarbons, ensuring high accuracy in leak detection with zero false positives and instant alerts. This technology enhances response times to potential incidents, thereby improving the integrity monitoring of oil and gas infrastructure. Originally developed at the University of Calgary, Direct-C’s products aim to increase precision in leak detection while minimizing environmental impact and product loss.

Ecoation Innovative Solutions

Grant in 2019
Ecoation Innovation Solutions specializes in providing greenhouse growers with advanced tools for the early detection of pests, diseases, and nutrient deficiencies that can impact crop value. By harnessing proprietary artificial intelligence and plant signal data, Ecoation's system delivers daily updates on crop health directly to growers through desktop and smartphone applications. This technology empowers growers to take prompt actions that enhance crop value, lower operating costs, and minimize pesticide usage. Based in Canada, Ecoation's innovative platform integrates elements of biology, automation, sensing, and robotics, aiming to transform agricultural practices and improve overall crop productivity. The company is currently conducting paid field trials in British Columbia greenhouses to demonstrate the effectiveness of its solutions.

Saltworks

Grant in 2019
Saltworks Technologies Inc. is a water technology company based in Richmond, Canada, focused on the design, manufacture, and delivery of desalination and wastewater treatment plants. Founded in 2008, the company specializes in advanced solutions for treating challenging water conditions, offering turnkey crystallizer systems, ion exchange membrane products, and membrane-stack systems. Its product range includes ElectroChem Advanced Electrodialysis systems for industrial wastewater treatment, salt splitters for recovering scale-limited waters, ammonia splitters for ammonia removal, and the SaltMaker Evaporator Crystallizer for treating wastewater or brine. Saltworks provides comprehensive services encompassing process engineering, operation, and finance, serving various sectors such as ammonia treatment, landfill leachate, oil and gas, mining, and agriculture. With a global customer base, the company is committed to reducing brine volume, lowering disposal costs, and achieving zero liquid discharge through its innovative technologies.

FIBOS

Grant in 2019
FIBOS Inc. specializes in developing advanced optical measurement technology aimed at transforming the industrial sensing sector. Founded in 2016 and headquartered in Toronto, Canada, the company offers innovative products, including the optical gauge amplifier and optical gauge sensor, which are designed to measure strain with high precision. FIBOS's solutions cater to various applications, including load, pressure, vibration, and temperature sensing, particularly within the oil and gas, energy, and test and measurement industries. By utilizing fiber optic sensors and proprietary technology, FIBOS aims to replace conventional electrical sensors, providing significant advantages such as enhanced accuracy and faster response times.

Fractal Systems

Grant in 2019
Fractal Systems Inc. is a heavy oil technology company based in Sherbrooke, Canada, with additional offices in Calgary. Founded in 2006, the company focuses on developing, patenting, and deploying innovative solutions aimed at enhancing producer margins and improving the infrastructure for transporting heavy oil and bitumen. Its flagship product, JetShear, is a suite of technologies designed to improve the quality of bitumen products and reduce their viscosity. This enables processed fluids to flow more freely through transport pipelines, ultimately lowering transportation costs for clients. Fractal Systems' commitment to cost-effective solutions positions it as a significant player in the heavy oil industry.

Imtex Membranes

Grant in 2019
Imtex Membranes Corp. is a Canadian company based in Mississauga, specializing in advanced membrane separation technology for the petrochemical and refining sectors. Founded in 2007, the company has developed the Permylene™ membrane system, which offers a high-performance, commercially viable alternative to traditional distillation methods for olefin purification and extraction. This innovative technology enables efficient separation of gases, specifically olefins and paraffins, contributing to both economic and environmental advancements in the industry. Imtex Membranes focuses on deploying its technology rapidly to enhance operational effectiveness in gas separation processes.

Semios

Grant in 2018
Semios specializes in providing crop management solutions for the agricultural industry. It offers a proprietary system of in-crop wireless networks coupled with remote sensors, pest monitoring, and variable rate biological pest control. This information is provided to the grower in an interface that allows the grower to reduce agricultural inputs and increase the quality of the crop produced. The company was founded in 2010 and is headquartered in Vancouver, British Columbia.

Terramera

Grant in 2018
Terramera, founded in 2009 and based in Vancouver, Canada, specializes in developing and manufacturing plant-based pesticides and fertilizers as alternatives to conventional chemical products. The company offers solutions such as Proof for bed bug and dust mite control, Actigate as an organic pesticide, and Rango for pest control and crop protection. Terramera's technology platforms integrate artificial intelligence, science, and nature to promote sustainable farming practices, aiming to create a healthy and safe environment free from toxic chemicals. This approach supports farmers in achieving improved yields and profits through organic and sustainable methods.

Consolidated Biofuels

Grant in 2018
Consolidated Biofuels is a biodiesel manufacturing company based in Delta, British Columbia, Canada. The company specializes in producing biodiesel that meets relevant specifications by utilizing second-generation feedstock, including used restaurant grease and beef tallow from renderings. Their production facility in Metro Vancouver is equipped with an in-house laboratory, ensuring quality control and compliance with industry standards. Through this innovative approach to biofuel production, Consolidated Biofuels contributes to sustainable energy solutions while effectively recycling waste materials.

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.

Boréas Technologies

Grant in 2018
Boréas Technologies Inc. is a manufacturer of high-voltage, low-power integrated circuits designed for various applications in consumer and industrial markets. Founded in 2016 and based in Bromont, Canada, the company specializes in semiconductor solutions that cater to devices such as computer mice, haptic trackpads, and micropumps. Leveraging a team of experienced professionals with an average of over 20 years in the industry, Boréas focuses on developing low-power piezo haptic driver integrated circuits. These circuits are adaptable for a wide range of device form factors, from small wearables and mobile devices to larger applications like car infotainment systems. By prioritizing energy efficiency and responsiveness, Boréas aims to enhance user experience while minimizing power consumption and latency.

Ranovus

Grant in 2018
Ranovus is a provider of advanced interconnect solutions for data centers and communications networks, focusing on multi-terabit capabilities. Founded in 2012 and headquartered in Ottawa, Ontario, the company develops optoelectronics components and transceiver subsystems that utilize Quantum Dot Multi-Wavelength Laser technology in conjunction with digital and photonics integrated circuit technologies. This innovative approach aims to establish new industry standards for power efficiency, compactness, and cost-effectiveness in optical interconnect solutions, addressing the growing demands of the telecommunications sector for enhanced connectivity alternatives.

CarbiCrete

Grant in 2018
CarbiCrete is a Montreal-based company that specializes in carbon removal technology aimed at producing low-cost, sustainable building solutions. Founded in 2016 and headquartered in Westmount, Canada, the company has developed a process for creating cement-free, carbon-negative concrete. This innovative concrete utilizes industrial by-products and captured carbon dioxide, replacing traditional cement with steel slag and curing the mixture with carbon dioxide. This method not only prevents the greenhouse gas emissions typically associated with cement production but also permanently removes carbon dioxide from the atmosphere. By licensing its technology to precast concrete manufacturers, CarbiCrete enables businesses to significantly reduce their greenhouse gas emissions while promoting environmentally friendly construction practices.

VueReal

Grant in 2018
VueReal Inc. is a technology company based in Waterloo, Canada, founded in 2016, specializing in micro-LED displays. Its core innovation, the microSolid printing platform, facilitates the integration of millions of semiconductor devices onto large-area substrates, enabling the creation of advanced smart systems. This technology is particularly beneficial for applications in automotive, aerospace, and consumer electronics, including smartphones, laptops, TVs, and augmented reality systems. VueReal collaborates directly with original equipment manufacturers (OEMs) to develop customized solutions, addressing challenges in the transition to electric vehicles and autonomy. The company's displays are characterized by high transparency, brightness, reliability, and low power consumption. To broaden accessibility, VueReal is developing a turnkey solution for its printing technology, partnering with tool vendors, semiconductor fabs, and material companies. By licensing its technology and providing production printers along with semiconductor cartridges, VueReal aims to support both large corporations and smaller teams in creating innovative products tailored to specific customer needs.

Polystyvert

Venture Round in 2018
Polystyvert Inc., founded in 2011 and based in Anjou, Canada, specializes in polystyrene recycling services. The company utilizes innovative dissolution technology to efficiently collect and recycle polystyrene, restoring it to its original quality. By doing so, Polystyvert aims to significantly reduce the amount of polystyrene waste in landfills while minimizing fossil fuel consumption and promoting environmental sustainability. Their approach not only enhances the product life cycle of polystyrene but also contributes to eco-friendly practices within the industry.

MEG Energy

Grant in 2018
MEG Energy Corp., established in 1999 and headquartered in Calgary, Canada, specializes in sustainable in situ thermal oil production in the southern Athabasca region of Alberta. The company owns a substantial mineral lease area of approximately 750 square miles and employs steam-assisted gravity drainage (SAGD) methods to extract oil while minimizing carbon emissions. MEG primarily operates at its Christina Lake Project and transports its product, Access Western Blend, to refiners across North America and internationally. Additionally, MEG owns interests in midstream assets such as the Access Pipeline and Stonefell Terminal, which enhance its operational efficiency and market flexibility. The company is committed to technological advancements like the Diluent Removal Facility and HI-Q® project to further reduce costs and environmental impacts. MEG's experienced team, with extensive industry knowledge, drives its strategic growth plans, positioning it as a strong player in the oil sands sector.

ATTAbotics

Grant in 2018
Attabotics Inc. designs and manufactures a robotic automated storage and retrieval system aimed at revolutionizing warehousing and fulfillment processes. Founded in 2016 and headquartered in Calgary, Alberta, the company focuses on providing solutions for various sectors, including e-commerce, logistics, retail, grocery, and advanced manufacturing. Attabotics' innovative system enhances supply chain management by utilizing a robot-centric approach, which optimizes space and improves efficiency in warehouses. This technology allows for quicker product retrievals and reduces the workload on staff, transforming traditional large storage systems into smaller, agile delivery stations.

Dundee Sustainable Technologies

Grant in 2018
Dundee Sustainable Technologies Inc. specializes in the development and commercialization of innovative hydrometallurgical processes aimed at treating complex and refractory materials in the mining sector. The company focuses on two proprietary processes: the CLEVR process, which extracts precious metals while simultaneously removing and stabilizing hazardous contaminants like arsenic, antimony, and cadmium, and the GlassLock process, which stabilizes arsenic and produces an environmentally compliant glass residue. These processes enable the extraction of precious and base metals from ores, concentrates, and tailings that conventional methods cannot efficiently handle due to metallurgical or environmental challenges. In addition to its technological offerings, Dundee Sustainable Technologies provides technical services to assist mining clients in evaluating various processing alternatives. Established in 1997 and headquartered in Montreal, Canada, the company was previously known as Nichromet Extraction Inc. and became Dundee Sustainable Technologies Inc. in January 2014. It operates as a subsidiary of Dundee Corporation.

Hortau

Series D in 2018
Hortau Inc. is a Canadian company specializing in wireless and web-based irrigation management systems, founded in 2002 by experts in agronomy and soil physics. The company designs and manufactures advanced irrigation solutions, including the WEB-TX4 Field Monitoring Stations, which collect vital soil and weather data, and the 1k Extended Range Sensor, a tensiometer that aids growers in managing irrigation in arid conditions. Hortau also offers Field Control Units for remote operation of irrigation valves and engines, alongside Irrolis, a cloud-based software that provides real-time data analysis for agricultural operations. Additionally, the company produces various sensors for soil tension and environmental conditions, as well as comprehensive Weather Stations to monitor climatic factors affecting crop health. With operations in the United States and a focus on enhancing crop production while reducing water and energy use, Hortau aims to support farmers in optimizing yield and productivity.

Concentric Agriculture

Grant in 2017
Concentric Agriculture Inc. is a Montreal-based company specializing in the research, development, manufacturing, and marketing of biological products for agricultural applications. Founded in 2007 and formerly known as Inocucor Technologies, the company focuses on enhancing the phyto-microbiome, which includes seeds, plants, root systems, and surrounding soil. Concentric develops innovative solutions such as the Inocucor Garden Solution, a live-cell formulation derived from microorganisms that optimizes plant growth and soil quality while helping crops withstand extreme weather conditions. The company's offerings include cell-free biological formulations for bio-stimulation and active compounds for bio-fertility and bio-protection. These products are utilized in various agricultural practices, including seed treatments, soil drenches, and foliar sprays, across traditional and organic farming, hydroponics, greenhouses, and orchards, both in Canada and internationally. Concentric Agriculture aims to provide safe and effective advancements in agtech that enhance crop yields and promote sustainable agricultural practices.

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, particularly in wastewater treatment and solids control. The company has developed over 70 patented technologies, focusing on in situ remediation methods applicable in various sectors including oil and gas, mining, and industry. GEE's proprietary electrokinetic platform effectively removes solids and contaminants from fluids, featuring advanced systems such as the Electrocatalytic Oxidation system and the Electro Separation Cell. Additionally, Ground Effects offers bio-decontamination units designed to eliminate viruses and bacteria from surfaces. With a commitment to innovative design, the company aims to deliver superior results in environmental remediation and treatment processes across multiple industries.

Acceleware

Grant in 2017
Acceleware Ltd. is a Canadian clean-tech company focused on developing innovative technologies for the oil and gas industry, specifically in heavy oil and oil sands production. It operates through two main segments: Radio Frequency (RF) Heating and High-Performance Computing. The RF Heating segment is dedicated to the development of RF XL, a patented low-cost, low-carbon production technology that aims to significantly reduce greenhouse gas emissions and environmental impact while enhancing extraction efficiency. This technology does not require water or solvents and features a flexible, small physical footprint. The High-Performance Computing segment provides advanced software solutions, including seismic imaging tools and electromagnetic modeling applications, along with consulting and training services. Acceleware is committed to promoting cleaner energy production and has partnered with the Saa Dene Group to enhance the adoption of its technologies while aligning with environmental and Indigenous values. Founded in 2004 and headquartered in Calgary, Acceleware is positioned at the intersection of technology and sustainability in the energy sector.

Peak Power

Seed Round in 2017
Peak Power Inc. is a Toronto-based energy storage services provider established in 2015, with operations in New York, New England, and California. The company specializes in intelligent software solutions, notably its flagship platform, Peak Synergy, which optimizes energy management for commercial real estate and industrial clients. By focusing on battery energy storage systems, grid-interactive buildings, and electric vehicles, Peak Power helps customers minimize operational costs, reduce emissions, and participate in energy markets by selling energy back to the grid. The software is designed to enhance existing revenue streams and adapt to evolving market conditions, while the company's services encompass project development, construction, operation, financing, and maintenance. Peak Synergy has been deployed across over 13 million square feet of real estate, managing approximately 150 MWh of combined battery and electric vehicle capacity.

GreenMantra Technologies

Venture Round in 2017
GreenMantra Technologies Ltd. is a Canadian company based in Brantford that specializes in the manufacture and marketing of synthetic waxes, polymer additives, and specialty chemicals derived from recycled plastics. Established in 2010, the company employs a proprietary thermo-catalytic process to efficiently convert waste plastics, including challenging materials like grocery bags and film, into valuable products. Its offerings include polyethylene and polypropylene waxes, which are utilized in various industries such as asphalt roofing, paving, polymer processing, adhesives, and plastic composites. By focusing on the upcycling of hard-to-recycle plastics, GreenMantra contributes to sustainable practices while providing high-quality materials that cater to diverse manufacturing needs.

Vive Crop Protection

Grant in 2017
Vive Crop Protection, Inc. is a Canadian company that develops and markets a range of crop protection products, including fungicides, insecticides, and nematicides. Founded in 2006 and headquartered in Mississauga, Ontario, with additional operations in Boston and Calgary, the company focuses on creating effective and sustainable pesticides for both organic and non-organic farming. Vive Crop Protection employs its innovative Allosperse Delivery System, which enhances the targeting and performance of pesticide active ingredients. This technology allows farmers to optimize their use of pesticides, improving crop quality and yields while promoting increased productivity and sustainability on farms. The company's products are designed to integrate easily with liquid fertilizers and other chemicals, aiding in the control of diseases affecting various crops, including sugar beets, dry beans, alfalfa, potatoes, and corn.

Electrovaya

Grant in 2017
Electrovaya Inc. is a Canadian company that designs, develops, manufactures, and markets advanced lithium-ion battery technologies and systems for various applications, including energy storage and clean electric transportation. Founded in 1996 and headquartered in Mississauga, the company specializes in proprietary Lithium Ion Super Polymer® batteries, which are known for their enhanced safety and longevity. Electrovaya's products cater to materials handling electric vehicles, such as forklifts and automated guided vehicles, as well as electric trucks, buses, and stationary storage solutions. The company also provides industrial and residential energy storage products and power solutions for third-party systems. With a strong focus on technology and extensive intellectual property, Electrovaya generates revenue primarily from battery sales, with significant operations in the United States and international markets.

3E Nano

Grant in 2017
3E Nano Inc. is a Canadian company that specializes in the development and commercialization of diamond-like carbon coatings designed to manage heat and light emission. Founded in 2006 and headquartered in Kitchener, the company produces optically and thermally tunable solar control coatings suitable for a range of applications, including windows, windshields, greenhouses, and other transparent media. Their low-cost, nano-thin film technology allows manufacturers to create energy-efficient products that contribute to greenhouse gas reduction. By focusing on innovative coatings for buildings and vehicles, 3E Nano aims to enhance energy management and sustainability in various industries.

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.

E2metrix

Grant in 2017
E2metrix Inc. specializes in the design, development, and manufacturing of advanced wastewater treatment systems, utilizing its proprietary electrolysis technology platform, ECOTHOR. Founded in 2011 and headquartered in Sherbrooke, Canada, the company focuses on addressing the needs of various industries, including municipal water treatment, food processing, dairy, mining, and pulp and paper. E2metrix’s innovative solutions are designed to remove targeted contaminants such as phosphorus and ammonia, while also facilitating resource recovery. With a strong emphasis on technological advancement, E2metrix aims to provide effective and sustainable options for wastewater management across multiple sectors.

Bioline AgroSciences

Grant in 2017
Bioline AgroSciences Ltd. is a company that specializes in the production and marketing of invertebrate biological control organisms aimed at managing insect pests in various crops. Established in 1979 and headquartered in Little Clacton, United Kingdom, the company provides a comprehensive portfolio of products, including Amblyline, Aphidoline, Beeline, and Tricholine TA, among others. These products are designed to support farmers and growers in maintaining the yield and quality of their produce, which includes protected vegetables, ornamentals, and soft fruits. Bioline AgroSciences operates globally with additional locations in several countries, including Canada, Denmark, and the United States, and functions as a subsidiary of Biotop SA. The company was formerly known as Syngenta Bioline Ltd. before rebranding in April 2016.

Heliene

Grant in 2017
Heliene is a manufacturer of solar panels that aims to serve the utility-scale, commercial, and residential markets. The company focuses on delivering intelligent photovoltaic products as integrated solar module systems, ensuring they are available precisely when and where customers need them. By leveraging advanced technology and maintaining low levels of debt and fixed costs, Heliene operates a sustainable business model that emphasizes high-quality, reliable products. Positioned as a significant player in the growing Solar Energy Infrastructure market in Ontario, Heliene strives to contribute to the transition towards more sustainable energy solutions, addressing the urgent need to reduce greenhouse gas emissions while supporting the solar power generation industry's supply chain.

Ranovus

Grant in 2017
Ranovus is a provider of advanced interconnect solutions for data centers and communications networks, focusing on multi-terabit capabilities. Founded in 2012 and headquartered in Ottawa, Ontario, the company develops optoelectronics components and transceiver subsystems that utilize Quantum Dot Multi-Wavelength Laser technology in conjunction with digital and photonics integrated circuit technologies. This innovative approach aims to establish new industry standards for power efficiency, compactness, and cost-effectiveness in optical interconnect solutions, addressing the growing demands of the telecommunications sector for enhanced connectivity alternatives.

QD Solar

Grant in 2017
QD Solar Inc. is a Canadian company based in Toronto that specializes in the development of advanced photovoltaic cells utilizing colloidal quantum dot technology. Founded in 2014 as a spinoff from the University of Toronto, QD Solar combines silicon solar cells with infrared solar cells in a hybrid architecture. This innovative approach allows the company to capture a broader range of the solar spectrum compared to traditional silicon cells alone. By enhancing the efficiency of solar energy harvesting, QD Solar aims to address the competitive pressures in the solar photovoltaic market, where differentiation through improved performance at competitive costs is essential. The company's technology promotes sustainable development and aims to increase the adoption of renewable energy sources.

Canfor

Grant in 2017
Canfor is one of the largest producers of sustainable lumber, pulp, and paper globally. Established in 1938 by John Prentice and L.L.G. Bentley in Vancouver, the company began as a small veneer plant and has since evolved into a respected leader in the forest products industry, employing over 5,000 people. Canfor operates primarily in North America and Europe, with lumber mills located in British Columbia, Alberta, the Southeastern United States, and Sweden. The company has two main segments: lumber, which encompasses sawmilling and remanufacturing operations, and pulp and paper, which includes kraft pulp, kraft paper, and bleached chemi-thermomechanical pulp. Canfor is recognized for its commitment to quality products, reliable supply, and exceptional customer service, while also focusing on sustainable, renewable resources to meet the growing global demand.

Airex Energy

Venture Round in 2017
Airex Energy Inc. is a Canadian company based in Laval, established in 2008, that specializes in biomass torrefaction technology. The company has developed a proprietary cyclonic bed reactor known as CarbonFX, which allows for the large-scale production of biocoal from various feedstocks, including woody biomass and agricultural waste. Airex Energy's technology not only produces biocoal but also generates other carbonized products such as biochar, contributing to the reduction of carbon emissions and helping clients achieve net-zero emissions. Through its innovative approach, Airex Energy aims to address environmental challenges while providing sustainable energy solutions.

Saltworks

Grant in 2016
Saltworks Technologies Inc. is a water technology company based in Richmond, Canada, focused on the design, manufacture, and delivery of desalination and wastewater treatment plants. Founded in 2008, the company specializes in advanced solutions for treating challenging water conditions, offering turnkey crystallizer systems, ion exchange membrane products, and membrane-stack systems. Its product range includes ElectroChem Advanced Electrodialysis systems for industrial wastewater treatment, salt splitters for recovering scale-limited waters, ammonia splitters for ammonia removal, and the SaltMaker Evaporator Crystallizer for treating wastewater or brine. Saltworks provides comprehensive services encompassing process engineering, operation, and finance, serving various sectors such as ammonia treatment, landfill leachate, oil and gas, mining, and agriculture. With a global customer base, the company is committed to reducing brine volume, lowering disposal costs, and achieving zero liquid discharge through its innovative technologies.

Axine Water Technologies

Grant in 2016
Axine Water Technologies Inc. is a Vancouver-based company specializing in innovative wastewater treatment solutions. Established in 2010, it focuses on developing chemical-free systems that effectively treat high concentrations of complex, toxic organics and ammonia found in industrial wastewater. Utilizing a proprietary electrolytic oxidation technology, Axine's systems can address a broad range of pollutants, including phenols, pharmaceuticals, dioxins, and various organic compounds, without generating sludge or requiring chemical additives. The company aims to provide cost-effective and energy-efficient alternatives to traditional wastewater treatment methods, catering to industries such as oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management. Its solutions enable both industrial and municipal clients to enhance the performance and reduce the costs of their wastewater treatment processes.

NanoXplore

Grant in 2016
NanoXplore Inc. is a graphene company that specializes in the manufacture and supply of high-volume graphene powder for industrial applications. Founded in 2011 and headquartered in Montréal, Canada, the company operates production facilities in both Canada and Switzerland. NanoXplore offers a variety of graphene-based solutions, including GrapheneBlack powder and heXo-G graphene-plastic masterbatch pellets, as well as customized graphene-enhanced plastic and composite products. These offerings cater to various sectors such as transportation, packaging, and electronics. With a strong foundation in carbon chemistry, NanoXplore aims to enhance the performance of its customers' products through innovative graphene technologies.

Illusense

Grant in 2016
Illusense Inc. is a machine vision technology company based in Vancouver, Canada, founded in 2013. The company specializes in developing ultra-high resolution laser-based inspection technology for internal oil and gas pipelines. This innovative approach enhances integrity management by enabling clients in the energy sector to proactively prioritize maintenance tasks and detect leaks. Illusense's platform generates detailed 3-D data sets, providing clients with critical insights into the condition of their assets. By improving pipeline maintenance services, Illusense aims to boost business productivity, optimize supply chain logistics, and enhance operational effectiveness for its corporate clients.

Aeponyx

Grant in 2016
AEPONYX Inc. is a Montreal-based company that designs and manufactures fabless micro optical switch semiconductor chips. Founded in 2011, AEPONYX specializes in creating advanced photonic integrated circuits that leverage a combination of micro-electro-mechanical systems (MEMS) and silicon photonics. These chips are specifically targeted for applications in fiber optic access to the Cloud and optical switching, facilitating enhanced tunability in both transmission and reception within pluggable transceivers. By integrating MEMS with silicon photonics, AEPONYX aims to deliver compact, high-speed, and energy-efficient solutions that support disaggregated switching systems and optical circuit switching. The company's patented technologies position it to contribute significantly to the evolution of optical communications, improving data capacity while reducing power consumption.

Polystyvert

Venture Round in 2016
Polystyvert Inc., founded in 2011 and based in Anjou, Canada, specializes in polystyrene recycling services. The company utilizes innovative dissolution technology to efficiently collect and recycle polystyrene, restoring it to its original quality. By doing so, Polystyvert aims to significantly reduce the amount of polystyrene waste in landfills while minimizing fossil fuel consumption and promoting environmental sustainability. Their approach not only enhances the product life cycle of polystyrene but also contributes to eco-friendly practices within the industry.

Switch Materials

Venture Round in 2016
Switch Materials Inc. specializes in innovative smart window solutions for the automotive industry, catering to original equipment manufacturers (OEMs) and Tier 1 suppliers. Founded in 2007 and located in Burnaby, Canada, the company focuses on developing advanced materials based on proprietary organic molecules that can change their optical properties upon command. This technology enables various applications, including photochromic and electrochromic systems that automatically adjust the tint of sunroofs to minimize heat and glare. Additionally, Switch Materials' expertise extends to molecular electronics and health sciences, with potential uses in optical filters, photochromic inks, and molecular sensors. The company's research and development is conducted in state-of-the-art laboratories and facilities at 4D LABS, a prominent materials science research center affiliated with Simon Fraser University.

QD Solar

Seed Round in 2016
QD Solar Inc. is a Canadian company based in Toronto that specializes in the development of advanced photovoltaic cells utilizing colloidal quantum dot technology. Founded in 2014 as a spinoff from the University of Toronto, QD Solar combines silicon solar cells with infrared solar cells in a hybrid architecture. This innovative approach allows the company to capture a broader range of the solar spectrum compared to traditional silicon cells alone. By enhancing the efficiency of solar energy harvesting, QD Solar aims to address the competitive pressures in the solar photovoltaic market, where differentiation through improved performance at competitive costs is essential. The company's technology promotes sustainable development and aims to increase the adoption of renewable energy sources.
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