Founded in 2006, 3E Nano develops and commercializes Diamond-Like Carbon (DLC) coatings for transparent media. These coatings are designed to control heat and light emission, targeting applications such as windows, windshields, greenhouses, and solar modules.
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.
Founded in 2015, Peak Power is a cleantech company specializing in intelligent energy management solutions. Headquartered in Toronto with operations across North America, the company offers Peak Synergy, an AI-powered software platform that optimizes energy use and maximizes revenues from battery storage systems, grid-interactive buildings, and electric vehicles for commercial real estate and industrial customers.
Enedym is a technology company developing next-generation switched reluctance motors (SRMs), ePowertrains, and motor controls. Headquartered in Hamilton, Ontario, Canada, Enedym aims to significantly reduce the cost of electric propulsion motors through novel SRM drive technologies.
Validere Technologies Inc. is a Toronto-based company that specializes in providing critical information about liquids through innovative measurement, reporting, and verification solutions. Founded in 2015, Validere develops portable devices, including the Validere Identifier, which assesses the hazardous nature of liquids by referencing a comprehensive library. Additionally, the company offers EDGE Connect, a platform that facilitates secure connections between buyers and sellers, enabling the discovery of arbitrage opportunities. Validere's main focus is on liquid fingerprinting, industrial process monitoring, and optimizing logistics within the energy sector. By delivering accessible and verifiable testing data, Validere aids organizations in making informed business decisions and enhances the accuracy of crude oil testing, ensuring accountability and quality across operations. The company's expertise in emissions management and tracking further positions it as a valuable partner for energy companies seeking to improve their financial and environmental performance.
Elocity
Seed Round in 2020
Elocity is a cleantech company based in Toronto, Canada. Founded in 2018, it offers intelligent and connected platforms for smart electric vehicle (EV) charging using AI and IoT technologies. The company's primary product, HIEV, enables utilities to manage EV-charging demand, balance loads, and integrate electromobility into existing grid infrastructure. Elocity serves power utilities, local distribution companies, municipalities, and EV charging network operators in North America and internationally.
Phycus Biotechnologies
Seed Round in 2020
Phycus Biotechnologies specializes in biotechnology solutions. It develops products from biological sources, primarily algae and aquatic organisms, to create bioactive compounds used in cosmetics, dietary supplements, functional foods, and natural pesticides.
Salient Energy
Grant in 2020
Salient Energy is focused on commercializing an innovative zinc-ion battery developed from research at the University of Waterloo. This battery technology is designed for efficient electricity storage in the power grid, boasting a proprietary cathode that incorporates zinc within its crystal lattice, rather than merely reacting on the surface. This unique approach results in a battery with a relatively high energy density, making it a competitive alternative to traditional lithium-ion batteries. Salient Energy's batteries are not only safer and longer-lasting but also compatible with existing manufacturing processes, allowing for production in current battery factories worldwide. The company's goal is to provide the electric industry with sustainable and reliable energy storage solutions.
Equispheres is a Canadian manufacturer that produces ultra‑high‑performance spherical metal powders for additive manufacturing and metal spray coating applications, with a primary focus on aerospace. Its patent‑pending atomization technology creates free‑flowing, monograin, agglomerate‑free powders that exhibit a narrow particle‑size distribution, excellent sphericity, and consistent microstructure without the need for sieving or classification. These properties enable superior control and performance efficiencies in end‑use parts. The company also offers application‑engineering services to help industries adopt metal additive manufacturing processes, supporting economic mass production of additively manufactured components. Founded in 2015 and headquartered in Ottawa, Equispheres supplies powders such as aluminum designed for volume additive manufacturing.
Borealis Wind
Grant in 2020
Borealis Wind is a Canadian company based in Kitchener, Ontario, founded in 2016. It specializes in developing an innovative internal blade heating retrofit for wind turbines, aimed at enhancing their performance in cold climates. This patented device effectively prevents and removes ice buildup on turbine blades, which can lead to significant losses in power generation and revenue for wind farms during winter months. By providing a low-maintenance and easily installable de-icing solution, Borealis Wind is contributing to increased efficiency and reliability in the wind energy sector, addressing critical challenges faced by renewable energy sources in harsh weather conditions.
H2nanO develops sustainable water treatment technologies for the resources sector. Founded in 2015, it specializes in low-energy solutions such as floating light-activated catalysts and solar-powered evaporation enhancement.
Brisk Synergies
Grant in 2019
Brisk Synergies Inc. is a technology company specializing in the design and development of solutions for urban planners and engineers focused on traffic movement analysis. Founded in 2013 and headquartered in Waterloo, Canada, with an additional office in Montréal, the company offers advanced software platforms, including BriskLUMINA and BriskVANTAGE. BriskLUMINA tracks and classifies individual road users while detecting near-misses and potentially dangerous interactions, whereas BriskVANTAGE employs artificial intelligence and computer vision to monitor real-time video data, enabling the identification of collision risks. These tools provide transportation engineers with critical insights into road safety issues, allowing for proactive measures to enhance traffic infrastructure and urban mobility. As of January 2020, Brisk Synergies operates as a subsidiary of Transoft Solutions, Inc.
FIBOS Inc., founded in 2016 and based in Toronto, Canada, specializes in developing advanced optical measurement technology for the industrial sensing industry. The company's product line includes the optical gauge amplifier (OGA-01) and optical gauge sensors designed to measure strain with high precision. FIBOS aims to disrupt traditional electrical sensors by offering solutions for load sensing, pressure sensing, vibration sensing, and temperature sensing. These solutions are targeted at industries such as oil and gas, energy, and test and measurement, providing innovative alternatives to conventional sensing methods.
Imtex Membranes
Grant in 2019
Imtex Membranes Corp. is a Canadian company based in Mississauga, established in 2007, that specializes in advanced membrane separation technology for the petrochemical and refining industries. The company has developed the Permylene™ membrane system, which offers a high-performance and commercially viable alternative to traditional distillation methods for the extraction and purification of olefins. This innovative technology not only enhances efficiency but also provides substantial economic and environmental benefits, positioning Imtex Membranes as a leader in the field of gas separation. Through its focus on olefin/paraffin separation, the company aims to set new standards within the industry.
Founded in 2012, Ranovus specializes in developing optoelectronics components and transceiver subsystems using Quantum Dot Multi-Wavelength Laser technology combined with digital and photonics integrated circuit technologies. Its scalable solutions aim to set industry benchmarks for low power dissipation, size, and cost in next-generation optical interconnects for data centers and communications networks.
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.
GreenMantra Technologies
Venture Round in 2017
GreenMantra Technologies Ltd. is a Canadian company based in Brantford that specializes in the manufacturing and marketing of synthetic waxes, polymer additives, and other chemicals derived from recycled plastics. Founded in 2010, the company utilizes a proprietary thermo-catalytic system that employs catalytic depolymerization technology to convert waste plastics, including challenging materials like grocery bags and films, into high-value waxes and specialty chemicals. These products find diverse applications across various industries, including coatings, plastic processing, adhesives, roofing, and paving. By focusing on the up-cycling of hard-to-recycle plastics, GreenMantra aims to contribute to sustainable manufacturing practices and promote the use of recyclable materials in industrial processes.
Peak Power
Seed Round in 2017
Founded in 2015, Peak Power is a cleantech company specializing in intelligent energy management solutions. Headquartered in Toronto with operations across North America, the company offers Peak Synergy, an AI-powered software platform that optimizes energy use and maximizes revenues from battery storage systems, grid-interactive buildings, and electric vehicles for commercial real estate and industrial customers.
Vive Crop Protection
Grant in 2017
Founded in 2006, Vive Crop Protection develops and markets sustainable crop protection products, including fungicides, insecticides, and nematicides. The company's Allosperse Delivery System enhances the targeting and performance of these products, enabling farmers to increase crop yields while using fewer resources.
Founded in 2006, 3E Nano develops and commercializes Diamond-Like Carbon (DLC) coatings for transparent media. These coatings are designed to control heat and light emission, targeting applications such as windows, windshields, greenhouses, and solar modules.
Founded in 2012, Ranovus specializes in developing optoelectronics components and transceiver subsystems using Quantum Dot Multi-Wavelength Laser technology combined with digital and photonics integrated circuit technologies. Its scalable solutions aim to set industry benchmarks for low power dissipation, size, and cost in next-generation optical interconnects for data centers and communications networks.
Heliene is a solar panel manufacturer serving utility-scale, commercial, and residential markets. It designs and produces intelligent photovoltaic products and integrated module systems to meet customer needs, delivering high-quality modules at affordable costs. The company aims to be a valuable regional link in the Ontario solar power supply chain and serves the broader North American market, pursuing sustainable growth with comparatively lower debt and fixed costs.
QD Solar Inc., founded in 2014 and based in Toronto, Canada, is a company that develops advanced photovoltaic cells using colloidal quantum dot technology. The company's innovative approach combines efficient silicon solar cells with infrared solar cells in a hybrid architecture to capture more of the solar spectrum than traditional silicon cells alone. This technology aims to enhance the performance of solar cells, making them more cost-effective and efficient. QD Solar was spun off from the University of Toronto and focuses on creating new nanomaterial semiconductors to promote sustainable development and increase the use of renewable energy sources.
QD Solar
Seed Round in 2016
QD Solar Inc., founded in 2014 and based in Toronto, Canada, is a company that develops advanced photovoltaic cells using colloidal quantum dot technology. The company's innovative approach combines efficient silicon solar cells with infrared solar cells in a hybrid architecture to capture more of the solar spectrum than traditional silicon cells alone. This technology aims to enhance the performance of solar cells, making them more cost-effective and efficient. QD Solar was spun off from the University of Toronto and focuses on creating new nanomaterial semiconductors to promote sustainable development and increase the use of renewable energy sources.
Nanoleaf Limited is a technology company based in Canada that specializes in innovative smart home lighting solutions. Founded in 2012 by three engineers, the company aims to revolutionize the lighting industry through products that combine thoughtful design with advanced technology. Nanoleaf offers a variety of products, including light bulbs and thermal water bottles, which are available to customers in North America, Asia, Scandinavia, and the Middle East. The company sells its offerings through various channels, including retailers and online platforms. With a commitment to personalization and user experience, Nanoleaf operates globally, with offices in cities such as Toronto, Shenzhen, Paris, Hong Kong, and the Philippines. Its diverse team focuses on creating smarter, more engaging environments for users.
OTI Lumionics
Grant in 2015
OTI Lumionics Inc. is a Toronto-based company founded in 2011, specializing in the development of lighting solutions utilizing organic light emitting diodes (OLEDs). The company focuses on innovative product applications, such as transparent displays, under panel sensors, and under display cameras. OTI Lumionics has introduced the aerelight A1 OLED Lamp and a LED desk lamp design that incorporates a wireless charger. Its products leverage proprietary technologies known as HaloTorr and ElektroTorr, aiming to unlock the full potential of OLED technology. The founding team comprises award-winning researchers and engineers from the University of Toronto's Department of Materials Science & Engineering.
Vive Crop Protection
Grant in 2013
Founded in 2006, Vive Crop Protection develops and markets sustainable crop protection products, including fungicides, insecticides, and nematicides. The company's Allosperse Delivery System enhances the targeting and performance of these products, enabling farmers to increase crop yields while using fewer resources.
Hydrostor
Seed Round in 2012
Hydrostor develops compressed air energy storage solutions for electricity systems. Its emission-free technology addresses needs for dispatchable capacity, renewable integration, transmission deferral, and behind-the-meter applications. The company serves customers in North America and Australia, with a strategic partnership with AECOM.
GaN Systems develops and manufactures gallium nitride power switching transistors for various applications. Its products include 650 V E-HEMT and 100 V E-HEMT transistors, serving consumer brand and enterprise equipment manufacturers globally.
Entropex Inc., established in 1978, specializes in the reprocessing of post-industrial and post-consumer plastics. Based in Sarnia, Canada, the company focuses on developing market-specific recycled polyethylene and polypropylene for diverse consumer and industrial applications. Entropex operates a 180,000 square foot plastic recovery facility and warehouse complex in Sarnia, Ontario.
Vive Crop Protection
Grant in 2009
Founded in 2006, Vive Crop Protection develops and markets sustainable crop protection products, including fungicides, insecticides, and nematicides. The company's Allosperse Delivery System enhances the targeting and performance of these products, enabling farmers to increase crop yields while using fewer resources.