Sustainable Development Technology Canada

Established in 2001, Sustainable Development Technology Canada (SDTC) is a Canadian organization that funds and supports innovative cleantech projects. It focuses on moving groundbreaking technologies to market, creating jobs, driving economic growth, and promoting environmental benefits. SDTC operates independently but collaborates with various stakeholders from private industry, academia, and governments.

Leo Bever Ph.D

Investment Director

Michael Brown

Investment Committee Member

Leah Lawrence

President and CEO

Timon LeDain

Vice President, Operations

Vicky J. Sharpe

President and CEO

Past deals in CleanTech

Solaires Entreprises

Debt Financing in 2025
Solaires Entreprises Inc, based in Victoria, BC, is a Canadian cleantech company dedicated to advancing solar technology. Comprising a team of 23 professionals, including scientists and engineers, Solaires focuses on developing next-generation solar cells that utilize perovskite materials instead of traditional silicon. This innovative approach not only aims to enhance energy conversion efficiency but also promotes a sustainable manufacturing process, making solar photovoltaics more affordable. The company's technology is designed to generate electricity from both indoor light and sunlight, with applications that include light-emitting diodes. Solaires' advancements are positioned to support the transition from fossil fuels to renewable energy, delivering high power conversion efficiency and stability while allowing processing in ambient environments.

Oneka Technologies

Grant in 2023
Founded in 2015, Oneka Technologies develops wave-powered desalination systems that convert ocean water into drinkable water. Its modular units aim to provide sustainable and affordable drinking water solutions for water-scarce regions worldwide, reducing costs by up to 75% compared to traditional methods.

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 convert water into clean hydrogen using electricity from renewable sources. The company offers a range of services including installation, maintenance, training, and consulting, along with electrolytic hydrogen production for end users. Next Hydrogen Solutions aims to reduce clean hydrogen generation costs from renewable energy, facilitating its widespread adoption to decarbonize the global economy.

Synergraze

Grant in 2023
Synergraze produces a seaweed-based livestock feed additive designed to reduce methane emissions from ruminant animals such as cattle, bison, sheep, and goats. This natural product aims to lower the environmental impact of agriculture while enhancing sustainability in meat and dairy production.

3E Nano

Grant in 2023
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.

ZS2 Technologies

Grant in 2023
ZS2 Technologies specializes in the creation and production of advanced building technologies, particularly prefabricated structural panels and cementitious building materials. The company is dedicated to enhancing building performance through its innovative construction solutions, which include fire-rated, non-toxic, and low-carbon materials. By focusing on research and the acceleration of construction technology adoption, ZS2 Technologies aims to help its customers reduce operating costs and shorten construction timelines.

Carbonova

Grant in 2023
Carbonova develops carbon nanofibers and a technology platform to enhance performance with sustainable and economical carbon materials. Its proprietary chemical process converts carbon dioxide and waste heat from power plants into high-strength carbon fiber, enabling industries to transform greenhouse gas feedstocks into valuable solid commodities.

Arolytics

Grant in 2023
Arolytics is a software company specializing in emissions management and regulatory compliance for the energy sector. It offers a data management platform that enables enterprise management of methane data by aggregating and synthesizing inputs from diverse emissions sensors, automatically generating regulatory compliance reports, and suggesting actions to reduce pollution, thereby helping energy firms gain insights into methane measurements and achieve emissions reductions more efficiently.

Aurora Hydrogen

Grant in 2023
Aurora Hydrogen develops clean, scalable hydrogen production technology that utilizes microwave energy to decarbonize transportation and industrial processes. The technology is designed to be adaptable for installations ranging from small fueling stations to large industrial facilities, aims to produce hydrogen with no carbon dioxide emissions and minimal water consumption, and seeks to reduce global carbon emissions through widespread deployment.

Cyclic Materials

Grant in 2023
Cyclic Materials provides recycling services that recover rare earth elements to reduce the need for new mining and accelerate the transition to electric mobility and clean energy. The company focuses on reclaiming rare earth magnets from automotive and renewable energy sectors, enabling customers to supply wind turbines, electric vehicles, and electronics while cutting emissions and strengthening local supply. Through its platform, it pursues a circular supply chain by recovering critical metals from discarded and landfill-bound products, helping industries lower environmental impact and increasing the resilience of the material supply.

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 convert water into clean hydrogen using electricity from renewable sources. The company offers a range of services including installation, maintenance, training, and consulting, along with electrolytic hydrogen production for end users. Next Hydrogen Solutions aims to reduce clean hydrogen generation costs from renewable energy, facilitating its widespread adoption to decarbonize the global economy.

KorrAI

Grant in 2022
KorrAI develops a satellite-based monitoring platform that integrates satellite data, Internet of Things sensors, and AI to assess the physical integrity of critical infrastructure and monitor ground motion phenomena. The solution helps clients identify risks such as land subsidence, landslides, and settlement affecting bridges, dams, highways, and mining sites, enabling informed maintenance, risk management, and capital planning in the context of climate change.

KorrAI

Pre Seed Round in 2022
KorrAI develops a satellite-based monitoring platform that integrates satellite data, Internet of Things sensors, and AI to assess the physical integrity of critical infrastructure and monitor ground motion phenomena. The solution helps clients identify risks such as land subsidence, landslides, and settlement affecting bridges, dams, highways, and mining sites, enabling informed maintenance, risk management, and capital planning in the context of climate change.

Green Graphite Technologies

Grant in 2022
Green Graphite Technologies develops a cleaner process to purify graphite for electric vehicles and commercializes environmentally beneficial methods to convert natural flake graphite into high-purity graphite for lithium-ion batteries. The company offers patented, modular, low-emission graphite processing technology for natural and recycled graphite, enabling electric vehicle manufacturers and battery producers to access battery-grade graphite with reduced environmental impact.

Anodyne Chemistries

Grant in 2022
Anodyne Chemistries is a Vancouver-based company focused on the sustainable production of critical chemicals. Utilizing innovative biochemistry, Anodyne employs enzymes and renewable electricity to convert carbon dioxide and other bio-based feedstocks into valuable industrial chemicals, materials, and fuels. The company's breakthrough technology not only eliminates emissions but also transforms CO2 into products traditionally derived from fossil fuels, thereby addressing climate change and promoting carbon utilization. By engineering novel enzymes and developing bioelectric pathways, Anodyne aims to maximize carbon efficiency in chemical production, enabling clients to reduce costs and improve competitiveness in the market. Through its mission, Anodyne Chemistries seeks to create a climate-positive world by reimagining how emissions are recycled into useful products.

Zen Electric Bikes

Grant in 2022
Zen Electric Bikes designs and manufactures electric bicycles and battery solutions for urban mobility. It offers electric bicycles as a sustainable transportation option and provides energy storage products and energy-as-a-service battery swap stations to support efficient, low-emission vehicle use. The company focuses on reducing carbon emissions by delivering practical e-bike technology and related services that enhance urban mobility.

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 product is a smart LED lighting solution that dynamically replicates the full spectrum of natural sunlight, optimizing growth conditions for crops and animals. Sollum works closely with greenhouse producers, tailoring light recipes to match the growth cycles of various plants, regardless of their native climate or greenhouse location. This adaptive technology not only enhances energy efficiency and productivity but also improves produce quality, all while minimizing environmental impact.

SolarSteam

Seed Round in 2022
SolarSteam is a hardtech startup developing renewable solar thermal technology to reduce rising costs and emissions in industrial heat generation. The company develops a modular solar thermal system that delivers scalable, cost-effective heat from renewable energy. Its proprietary, patented technology aims to outperform fossil fuels on cost without subsidies, helping industrial manufacturers and processors cut emissions and lower energy expenses.

Enedym

Grant in 2022
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.

Nfinite Nanotech

Seed Round in 2021
Nfinite Nanotech specializes in advanced material science, utilizing open-air atomic layer deposition (ALD) technology to create functional nanomaterials. The company accelerates innovation in sustainable packaging, batteries, and photovoltaics by producing large-area, high-quality, ultrathin films at a significantly faster pace than conventional methods.

Open Ocean Robotics

Grant in 2021
Open Ocean Robotics is a company that specializes in 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 real-time information from various locations across the ocean, providing valuable insights for environmental protection and sustainability. Their data collection capabilities are instrumental in monitoring ocean traffic, detecting illegal fishing activities, studying marine mammals, and understanding the effects of climate change. By offering a safe, efficient, and cost-effective alternative to traditional crewed vessels, Open Ocean Robotics contributes to the preservation of marine ecosystems and the promotion of responsible ocean management.

Mikro-Tek

Grant in 2021
Mikro-Tek is an environmental biotechnology company based in Timmins, Ontario, specializing in carbon project development and the supply of carbon offset credits. Since its establishment in 2003, the company has focused on generating offset credits through innovative land use projects, particularly in forestry. Mikro-Tek has successfully planted new forests on over 7,500 hectares of unproductive land in Chile and has implemented reforestation initiatives in the Canadian boreal forest. These projects have collectively produced approximately 1.4 million carbon offset credits, which are available to industries seeking to fulfill their emission reduction commitments in an environmentally sustainable manner. Additionally, Mikro-Tek develops naturally occurring soil micro-organisms, specifically mycorrhizal fungi, to enhance soil health and support sustainable agricultural practices.

Cobric Chemicals

Grant in 2021
Cobric Chemicals specializes in developing and implementing clean technology solutions for waste recycling. They collaborate with established waste management companies to reduce risk and accelerate profitability.

HaiLa Technologies

Grant in 2021
HaiLa Technologies is a fabless semiconductor and software company that develops hyper power-efficient wireless system-on-chip solutions for Internet of Things deployments. Founded in 2019, the company aims to enable sustainable scaling of IoT sensor networks by dramatically reducing the power consumption of wireless radios, which extends battery life and can reduce or eliminate the need for sensor batteries. Its platform supports multiple applications across consumer electronics, building and process automation, medical technology, agriculture, and smart cities by enabling IoT devices to operate over existing wireless infrastructure. HaiLa focuses on enabling smaller batteries and longer lifespans for devices deployed at scale. The company is headquartered in Montreal, with offices in Copenhagen and San Francisco.

Eavor Technologies

Venture Round in 2021
Eavor Technologies develops geothermal technology for clean, baseload power generation. Its proprietary Eavor-Loop™ system harvests heat from deep earth using wells to produce brine from a subsurface aquifer, enabling scalable heating applications with minimal environmental impact.

Oneka Technologies

Grant in 2021
Founded in 2015, Oneka Technologies develops wave-powered desalination systems that convert ocean water into drinkable water. Its modular units aim to provide sustainable and affordable drinking water solutions for water-scarce regions worldwide, reducing costs by up to 75% compared to traditional 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, the firm focuses on developing chemical-free systems designed to address high concentrations of complex and toxic organic pollutants, including phenols, pharmaceuticals, and ammonia, in industrial wastewater. Utilizing proprietary electrolytic oxidation technology, Axine's systems effectively treat various pollutants in a single step without the need for chemicals or the production of sludge. The company's solutions cater to a diverse range of industries, including oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management, helping clients reduce costs and enhance the performance of their wastewater management processes.

QEA Tech

Grant in 2021
QEA Tech is a software company that combines AI, drone technology, and thermal imaging to provide insights into the building envelope. They process thousands of images using its proprietary software, transforming each pixel into a comprehensive 3D model of the building for quantifiable data and insights. Using 10,000+ high-resolution drone images, proprietary QEA Tech software converts each pixel into quantifiable data and a comprehensive 3D model before uploading each image to the cloud-based dashboard for 24/7 access. The QEA System identifies where and how much energy is being wasted in a building's envelope, allowing you to prioritize repairs and calculate payback and ROI. The QEA Solution calculates Negawatt (NKwh), which quantifies energy gushers (heat and cool air escaping) through the walls, windows, doors, and roof of the building.

Hydrogen Optimized

Grant in 2021
Hydrogen Optimized develops innovative Green Hydrogen production systems. Their flagship product, RuggedCell™, is a high-current water electrolysis system designed for large-scale, low-cost hydrogen production, targeting high-growth markets and industrial applications.

PyroGenesis

Grant in 2021
PyroGenesis designs, develops, manufactures, and commercializes advanced plasma processes and systems for defense, metallurgical, mining, advanced materials, oil and gas, and environmental industries. Headquartered in Montreal, it provides products and solutions such as DROSRITE for metal recovery from dross, plasma atomized metal powders, PUREVAP silicon production from quartz, plasma torches for waste treatment and high-purity materials production, plasma arc gasification and waste destruction systems, and custom reactors and furnaces, along with related services. PyroGenesis positions itself as a leading developer and supplier of turnkey plasma process equipment and contract research for global clients.

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.

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.

Evercloak

Seed Round in 2020
Evercloak is a Waterloo, Canada-based materials company that develops ultra-thin graphene and other 2D nanomaterial films for cleantech applications. It employs a low-cost manufacturing platform to produce continuous coatings and ultra-thin membranes, enabling energy-efficient technologies across oil and gas, nuclear, energy, mining and agriculture sectors. The company aims to reduce energy use and greenhouse gas emissions by cooling buildings without warming the planet, delivering solutions that improve indoor comfort and support sustainable building operations.

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.

SeeO2 Energy

Seed Round in 2020
SeeO2 Energy develops reversible solid oxide fuel cells and electrolyzers that convert CO2 and water into hydrogen, carbon monoxide, and syngas, enabling the production of clean fuels and chemicals. The company’s high‑performance catalysts and solid oxide technology allow efficient on‑site generation of gases, turning greenhouse‑gas emissions into valuable products and helping industries reduce their carbon footprint.

Solid State of Mind

Seed Round in 2020
Solid State of Mind develops autonomous artificial intelligence systems. Their interdisciplinary team combines expertise in cognitive psychology, neuroscience, engineering, physics, and robotics to create adaptive AI technologies for an autonomous workforce.

Hydra Energy

Seed Round in 2020
Hydra Energy Corporation is a Canadian company based in Delta that specializes in providing clean combustion solutions through hydrogen as a service for fleet operators. Founded in 2012, the company retrofits diesel-powered heavy-duty vehicles to operate partially on hydrogen, thereby reducing fuel expenditures and lowering carbon emissions. Hydra Energy's innovative business model includes partnerships that facilitate hydrogen supply and fueling, allowing fleet operators to benefit from dual-fuel systems that can utilize both hydrogen and gasoline. This approach not only enhances operational efficiency but also supports the transition to cleaner transportation without imposing additional costs on the fleets it serves.

Summit Nanotech Corporation

Seed Round in 2020
Summit Nanotech Corporation is a Calgary-based cleantech company developing direct lithium extraction technology for lithium producers, with modular systems designed for scalable deployment and a focus on sustainable, water-efficient operations. Founded in 2018, it collaborates with mining companies and lithium asset owners in Chile and Argentina to reduce environmental impact and lower costs compared with traditional methods.

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.

Anomera

Grant in 2020
Anomera is a company focused on sustainable manufacturing processes that convert forest industry pulp and wood waste into innovative bio-products. It specializes in the development of natural cellulose ingredients, specifically carboxylated cellulose nanocrystals, which serve as biodegradable alternatives to plastic microbeads and silicates in the cosmetic and skincare markets. Anomera's products enhance performance while providing environmentally friendly solutions. The company's roadmap includes expanding its offerings with DextraCel™ materials for diverse applications, including eco-friendly inks and pigments, water and air purification, coatings, composites, and medical/life sciences. Through its research and development, Anomera aims to provide industries with sustainable alternatives to traditional chemical components, ultimately improving industrial processes and promoting environmental responsibility.

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.

EcoPackers

Grant in 2020
EcoPackers Inc. is a Toronto-based company that specializes in the manufacture and sale of biodegradable packaging materials. Established in 2018, EcoPackers utilizes plant-based resources to produce 100% biodegradable alternatives to traditional plastic inputs. The company's eco-resins enable plastic manufacturers globally to develop innovative, non-toxic, and compostable single-use packaging solutions. Through its commitment to sustainability, EcoPackers aims to reduce environmental impact and promote the use of eco-friendly materials in the packaging industry.

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 is a BC-based clean-tech company specializing in cold chain equipment manufacturing. It has developed an innovative refrigerated container for shipping palletized loads of temperature-sensitive food and pharmaceutical products globally.

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 product is a smart LED lighting solution that dynamically replicates the full spectrum of natural sunlight, optimizing growth conditions for crops and animals. Sollum works closely with greenhouse producers, tailoring light recipes to match the growth cycles of various plants, regardless of their native climate or greenhouse location. This adaptive technology not only enhances energy efficiency and productivity but also improves produce quality, all while minimizing environmental impact.

Alliance Magnesium

Funding Round in 2020
Alliance Magnesium Inc. is a Canadian company based in Brossard, founded in 2003, that specializes in the development of a patented electrolysis clean tech technology for producing magnesium from serpentine rock. The company aims to utilize hydroelectricity as a clean energy source to extract magnesium metal from tailings, thereby addressing environmental concerns associated with traditional magnesium production methods. By innovating on existing processes that are energy-intensive and predominantly used by producers in China, Alliance Magnesium seeks to offer a more sustainable solution for the automotive and aerospace industries.

G2V Optics

Seed Round in 2020
Founded in 2015, G2V Optics specializes in manufacturing LED solar simulators and commercial lighting automation products for scientific research, vertical farming, and industrial applications. Its product offerings include horticulture lighting systems designed to improve yield, quality, and operating costs.

Power HV

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

Seaformatics Systems

Seed Round in 2020
Seaformatics Systems designs and manufactures power harvesting and wireless communication products for the ocean monitoring industry.

Absolute Combustion

Seed Round in 2020
Absolute Combustion International is a company specializing in burner products and solutions focused on enhancing combustion technology while prioritizing environmental sustainability. They offer a range of services that include greenhouse gas reduction, air pollution control equipment, energy efficiency solutions, and heat transfer efficiency improvements. The company's advanced burner technology enhances the performance of industrial combustion systems, particularly in sectors such as aerospace, oil and gas, and recycling. By improving operational efficiency and reducing emissions, Absolute Combustion enables its clients to lower operational costs and enhance workplace safety. Their commitment to clean combustion technology aligns with the goal of fostering a more sustainable future and minimizing the environmental impact of industrial processes.

Synauta

Grant in 2020
Synauta is a cleantech startup founded in 2018 that focuses on enhancing the efficiency of desalination and water reuse processes. The company collaborates with innovators in Europe, Australia, the Middle East, South East Asia, and North America to significantly reduce energy and chemical consumption in desalination. By leveraging machine learning and artificial intelligence-backed algorithms, Synauta's solutions optimize operations in desalination plants, enabling clients to improve their productivity while minimizing environmental impact. The company aims to contribute to a sustainable future by potentially saving 12 million tonnes of CO2e annually, fostering a world where energy and water resources are utilized more responsibly.

Pyrowave

Grant in 2020
Pyrowave develops microwave-based chemical recycling technology that converts post-consumer and post-industrial plastics back into their original molecular state, identical to virgin materials. This enables infinite recycling of plastics, serving municipal clients and private recyclers/generators.

Smarter Alloys

Grant in 2020
Founded in Toronto, Canada in 2009, Smarter Alloys specializes in manufacturing shape memory alloys with unique programming capabilities. The company's innovative materials are designed for applications across various industries including orthodontics, automotive, oil and gas, medical devices, and actuators.

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, ultimately driving sustainability and cost savings.

Fibracast

Grant in 2020
Fibracast specializes in advanced purification systems for water and wastewater treatment, focusing on innovative solutions to operational challenges in these sectors. The company is known for its development of FibrePlate™, a cutting-edge hybrid ultrafilter that combines the advantages of both hollow-fiber and flat-plate membranes. This technology is designed to efficiently filter out impurities from wastewater, effectively converting it into potable water. Fibracast's systems serve various clients, including municipal, industrial, and commercial entities, and are recognized for their compact design, strength, and energy efficiency.

Solid State of Mind

Non Equity Assistance in 2020
Solid State of Mind develops autonomous artificial intelligence systems. Their interdisciplinary team combines expertise in cognitive psychology, neuroscience, engineering, physics, and robotics to create adaptive AI technologies for an autonomous workforce.

EnerPure

Grant in 2019
EnerPure is a cleantech energy company focused on recycling waste petroleum into clean fuel and energy. The company has developed a proprietary technology that transforms waste oil into diesel fuel through a systematic process that includes pre-treatment, preparation of feedstock, and refining via distillation and filtration. This innovative approach not only provides a sustainable solution for waste oil disposal but also significantly reduces greenhouse gas emissions. By enabling clients to minimize their environmental impact, EnerPure contributes to cleaner energy solutions while fostering local employment opportunities.

BluWave-ai

Seed Round in 2019
BluWave-ai is a company focused on transforming the energy sector by promoting the use of distributed and renewable energy resources, electric transportation, and smart loads. Utilizing a software-as-a-service (SaaS) model, BluWave-ai leverages artificial intelligence to enhance the operation of smart grids and microgrids. Their platform enables real-time optimization of power generation and operation, allowing clients to predict electricity demand accurately and adapt to fluctuations in consumption and generation. This approach has led to significant savings in capital and operational costs for communities, corporations, and utilities, while also reducing their carbon footprints. BluWave-ai is committed to fostering universal access to affordable and sustainable energy and transportation systems, serving a diverse clientele that includes distribution utilities, enterprises, mining operations, campuses, and remote or off-grid communities worldwide.

JDRF Electromag

Grant in 2019
JDRF Electromag offers a self-configuring smart lighting solution. JDRF Electromag's Autonomy System eliminates every financial, technical, and operational barrier to the adoption of smart lighting. It enables smart lighting's energy-saving potential by making it affordable and accessible to virtually any commercial building. JDRF Electromag's comprehensive suite of advanced smart lighting features requires no design, programming, or maintenance.

Enersion

Grant in 2019
Enersion is a research and development company focused on creating innovative solutions for cooling, heating, and electricity. The company specializes in the design of adsorption chillers that utilize nano-porous materials to convert waste heat into cooling, thereby eliminating the need for electrically powered compressors or synthetic refrigerants. Enersion's Tri-Generation technology enhances energy efficiency by converting waste heat from power generation into cooling, maximizing savings for clients. By using natural gas for efficient cooling and generating electricity from hot water, Enersion enables clients to access sustainable energy solutions at reduced costs, benefiting both the environment and their operational expenses.

Routific

Grant in 2019
Routific, Inc. is a Vancouver-based company that specializes in route optimization solutions for delivery businesses. Its platform automates and enhances vehicle routing and scheduling operations, serving small and medium-sized enterprises both in Canada and internationally. Inspired by the foraging behaviors of honey bees, Routific's technology helps local delivery businesses efficiently plan routes, resulting in significant reductions in time and fuel consumption, as well as lowering carbon emissions by 20-40%. The software includes features such as intelligent route optimization, dispatch and live tracking, and delivery notifications, enabling companies to reduce delivery costs, improve driver efficiency, and enhance customer satisfaction.

Kruger

Grant in 2019
Kruger Inc. is a diversified company engaged in several traditional industries, including pulp and paper, forest products, and containerboard and packaging. The company specializes in manufacturing a wide range of products, such as publication papers, tissue products, corrugated packaging, and specialty papers, utilizing renewable resources and recycled fibers. Kruger has also expanded its operations into renewable energy and the production of wines and spirits. By focusing on sustainability, Kruger aims to provide eco-friendly and reliable solutions for various industries while transforming renewable resources into quality essentials for everyday life.

C2CNT

Grant in 2019
C2CNT is a company specializing in the development and commercialization of carbon capture technology, aimed at mitigating greenhouse gas emissions. The company focuses on collecting carbon dioxide emissions from thermal power generation and other industrial processes, converting them into high-value carbon nanotubes. This innovative process not only addresses climate change by reducing carbon dioxide levels but also produces carbon nanotubes that are cheaper, more sustainable, and of superior quality by utilizing recycled carbon dioxide. C2CNT is actively rolling out its carbon nanotube products and offering licenses for its carbon capture technology, contributing significantly to global climate solutions.

Cellufuel

Grant in 2019
CelluFuel Inc. is a Canadian company based in Halifax, incorporated in 2008, that specializes in the production of synthetic renewable fuels derived from forestry resources. The company focuses on the commercialization of innovative technologies for converting woody biomass into renewable diesel fuel, positioning itself as a pioneer in the North American renewable energy sector. By operating a synthetic renewable fuel refinery, CelluFuel aims to provide sustainable energy solutions that contribute to both economic growth and environmental sustainability. Its commitment to clean and renewable practices underscores the company's goal of making a significant impact on the energy landscape.

Open Ocean Robotics

Grant in 2019
Open Ocean Robotics is a company that specializes in 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 real-time information from various locations across the ocean, providing valuable insights for environmental protection and sustainability. Their data collection capabilities are instrumental in monitoring ocean traffic, detecting illegal fishing activities, studying marine mammals, and understanding the effects of climate change. By offering a safe, efficient, and cost-effective alternative to traditional crewed vessels, Open Ocean Robotics contributes to the preservation of marine ecosystems and the promotion of responsible ocean management.

Genecis

Seed Round in 2019
Genecis is an early-stage organic waste processing startup that uses biotechnology to convert waste into biodegradable plastics and other high-value materials. It converts organic waste into PHA (Polyhydroxyalkanoate), a biodegradable, compostable, and non-toxic polymer that can be tuned to replace a wide variety of traditional plastics. PHA can be used for single-use plastics, clothing and textiles, automotive interiors, medical tools and products, and food contact applications.

Direct-C

Grant in 2019
Founded in 2014, Direct-C specializes in designing and developing hydrocarbon leak detection sensors and remote communication systems for the oil and gas industry. Its innovative products include SubSense, PatchSense, and TankSense, offering precise monitoring solutions for various infrastructure components. Headquartered in Edmonton, Canada, with additional offices in Calgary and Bath, Direct-C's technology provides instant alerts and precise locations of leaks, enhancing response times to incidents.

Intelline

Grant in 2019
Intelline Inc. is a Canadian company based in Kitchener, specializing in the manufacturing of innovative diesel generators. Founded in 2017, Intelline focuses on enhancing power production efficiency, claiming that its generators achieve 40 percent better fuel efficiency than traditional models. The company offers a range of products, including the Modular Linear Generator, which converts combustion energy directly into electricity, and the Reconfigurable Linear Electric Motor, designed for manufacturing linear motors. Intelline's Cryocooler System serves various commercial applications. By facilitating the transition to sustainable fuels such as natural gas, biofuels, synthetic fuels, and hydrogen, Intelline aims to provide customers with diverse fuel options while mitigating the impact of fuel price fluctuations. This commitment to innovation positions Intelline as a key player in the drive toward more efficient and environmentally friendly power generation solutions.

Eavor Technologies

Grant in 2019
Eavor Technologies develops geothermal technology for clean, baseload power generation. Its proprietary Eavor-Loop™ system harvests heat from deep earth using wells to produce brine from a subsurface aquifer, enabling scalable heating applications with minimal environmental impact.

Waste Robotics

Grant in 2019
Waste Robotics designs and deploys intelligent recycling robots to replace human pickers in North American recycling centers. Combining computer vision, AI software, and robotic technologies, they offer adaptable solutions for various waste sectors.

E3P Technologies

Grant in 2019
E3P Technologies specializes in the development of a compact, zero-emission compressor designed to mitigate methane leaks commonly associated with natural gas compression at well sites. By providing a solution that effectively eliminates these leaks, the company aims to help the oil and gas industries significantly reduce their overall greenhouse gas emissions during operations. E3P Technologies focuses on environmentally responsible technology that addresses critical challenges in emissions management within the energy sector.

Consolidated Biofuels

Grant in 2018
Consolidated Biofuels is a biodiesel manufacturing company based in Delta, British Columbia, Canada. It specializes in producing biodiesel from second-generation feedstock, utilizing materials such as used restaurant grease and beef tallow sourced from renderings. The company operates a facility equipped with an in-house laboratory, ensuring that its biodiesel products meet or exceed industry specifications. Through its sustainable practices, Consolidated Biofuels contributes to the growing demand for renewable energy sources.

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.

Clir Renewables

Grant in 2018
Clir Renewables Inc. is a company that specializes in cloud-based renewable energy asset management and reporting software. Founded in 2016 and headquartered in Vancouver, Canada, with an additional office in Glasgow, United Kingdom, Clir's software-as-a-service platform is designed to assist asset managers and owners in optimizing the performance and profitability of renewable energy plants. By integrating deep domain expertise with artificial intelligence, Clir’s platform enhances annual energy production, monitors asset health, and effectively manages financial and technical risks associated with renewable energy assets.

Li-Cycle

Grant in 2018
Li-Cycle is a clean technology company specializing in the resource recovery of end-of-life lithium-ion batteries. The company employs its proprietary Spoke and Hub recycling process, which enables the efficient processing of battery manufacturing scrap and spent batteries. At its Spokes, Li-Cycle produces black mass and other intermediate products, while its Hubs focus on recovering valuable raw materials such as lithium carbonate, cobalt sulphate, and nickel sulphate. Committed to sustainable practices, Li-Cycle’s technology allows for the recovery of 80 to 100% of materials found in lithium-ion batteries, addressing the growing demand for critical battery resources in an environmentally responsible manner.

Carbicrete

Grant in 2018
Carbicrete offers innovative technology for producing cement-free, carbon-negative concrete. It licenses this technology to precast concrete manufacturers, enabling them to create sustainable building solutions that reduce greenhouse gas emissions.

Alliance Magnesium

Funding Round in 2018
Alliance Magnesium Inc. is a Canadian company based in Brossard, founded in 2003, that specializes in the development of a patented electrolysis clean tech technology for producing magnesium from serpentine rock. The company aims to utilize hydroelectricity as a clean energy source to extract magnesium metal from tailings, thereby addressing environmental concerns associated with traditional magnesium production methods. By innovating on existing processes that are energy-intensive and predominantly used by producers in China, Alliance Magnesium seeks to offer a more sustainable solution for the automotive and aerospace industries.

Ionomr Innovations

Grant in 2018
Ionomr Innovations designs and manufactures advanced ion-exchange membranes and polymers for clean tech applications. Founded in 2013, the company pioneers environmentally friendly materials to replace toxic fluorinated chemicals in electrochemical systems, enabling more efficient and sustainable solutions for water treatment, energy storage, hydrogen production, and chemical remediation.

KMX Technologies

Grant in 2018
KMX Technologies specializes in membrane distillation technology aimed at enhancing the separation and recovery of valuable chemicals and water treatment processes. The company offers innovative solutions that integrate with conventional methods like reverse osmosis and distillation to achieve more efficient separations. Its primary applications span various industries, including mining, desalination, oil and gas, environmental remediation, and industrial waste management. By providing next-generation systems that focus on low-cost solutions for brine concentration and organic solvent recovery, KMX Technologies addresses critical mineral extraction and water treatment challenges effectively.

New Rubber Technologies

Grant in 2018
New Rubber Technologies (NRT) specializes in the devulcanization and reformulation of rubber materials, focusing on the reuse of waste rubbers and plastics to create new products. By utilizing end-of-life tires and other rubber waste streams as primary feedstocks, the company produces devulcanized rubber particulates. This innovative approach allows manufacturers to reduce costs while providing sustainable material options derived from waste. NRT is recognized as a leader in developing unique rubber compounds and OEM-manufactured goods, contributing to a more circular economy in the rubber industry.

Springpower

Grant in 2018
Springpower is a manufacturing company that supplies clean cathode materials to battery manufacturers. It develops and commercializes graphene and silicon nanomaterials for lithium-ion batteries, with technologies designed to use less water and energy and to avoid wastewater, enabling cost-effective mass production of battery materials.

ClinnUp

Grant in 2018
ClinnUp is a clean-tech company by changing how municipal wastewater is treated by merging electricity with biological processes.

Dundee Sustainable Technologies

Grant in 2018
Dundee Sustainable Technologies Inc. specializes in the development and commercialization of innovative hydrometallurgical processes aimed at addressing challenges in the mining industry, both in Canada and internationally. The company focuses on its proprietary CLEVR process, which efficiently extracts precious metals while simultaneously removing and stabilizing harmful contaminants like arsenic, antimony, and cadmium. Additionally, Dundee's GlassLock process further stabilizes arsenic and produces an insoluble glass residue that complies with environmental regulations. The company is adept at processing complex and refractory materials, allowing for the extraction of base and precious metals from ores, concentrates, and tailings that conventional methods cannot exploit due to metallurgical or environmental constraints. Founded in 1997 and headquartered in Montreal, Canada, Dundee Sustainable Technologies was previously known as Nichromet Extraction Inc. and rebranded in January 2014.

Morgan Solar

Grant in 2017
Founded in 2007, Morgan Solar specializes in developing highly efficient, low-cost solar technology. Its flagship product, the Sun Simba HCPV, is designed for solar farm applications, while its Sun Stream Window and Sun Block Panel products cater to building applications.

NRStor

Grant in 2017
Founded in Toronto, Canada in 2012, NRStor specializes in developing and operating energy storage projects. The company focuses on accelerating the commercialization of reliable, cost-effective energy storage technologies to facilitate the growth of renewable energy sources.

Acceleware

Grant in 2017
Acceleware is a Calgary-based technology company serving the oil and gas industry with two main lines of business: RF heating technology for heavy oil and oil sands production, and seismic imaging software. Its RF XL is a low-cost, low-carbon thermal recovery method that uses no water or solvent, has a small footprint, and is redeployable across sites to help reduce emissions and enable cleaner production; it is being piloted with industry partners. The seismic imaging unit provides high-fidelity software for imaging complex geology, including AxFDTD, AxHeat, AxRTM, AxWAVE, and AxFWI, which model electromagnetic absorption, simulate heating, accelerate migration, and generate subsurface velocity models. The company also offers software-related consulting and training services and pursues partnerships to broaden environmental and economic benefits of its technologies. Acceleware was founded in 2004 and is headquartered in Calgary, Canada.

Forward Water Technologies

Grant in 2017
Forward Water Technologies is a company focused on transforming wastewater remediation through its innovative forward osmosis technology. This proprietary process enables the efficient purification and desalination of water, addressing the challenges associated with wastewater treatment that often leads to costly disposal methods. By breaking the conventional water-energy paradigm, Forward Water Technologies aims to recover water that is typically lost, offering a more sustainable and effective solution for businesses in need of wastewater management.

PurLucid Treatment Solutions

Grant in 2017
PurLucid Treatment Solutions is a North American services company focused on innovative water treatment technologies. It designs and manufactures advanced water and wastewater treatment systems specifically tailored for the heavy oil, mining, forestry, and industrial sectors. The company's proprietary systems excel in hydrocarbon recovery and provide ultra-filtered water, effectively removing water and solids to enhance oil recovery processes. Through its cutting-edge solutions, PurLucid is transforming water treatment practices in various industries.

Meta Materials

Grant in 2017
Meta Materials is a technology company that partners with original equipment manufacturers (OEMs) across various industries. Its extensive platform encompasses three core capabilities: holography, lithography, and wireless sensing, driven by software and AI.

3E Nano

Grant in 2017
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.

Electrovaya

Grant in 2017
Electrovaya designs, develops, manufactures, and markets advanced lithium-ion battery systems for energy storage, clean electric transportation, and other specialized applications. Its proprietary Lithium Ion Super Polymer® batteries are renowned for enhanced safety and longevity.

E2metrix

Grant in 2017
E2metrix Inc. is a Canadian technology company focused on the design, development, manufacture, and commercialization of innovative wastewater and recirculated water treatment systems. Founded in 2010 and based in Sherbrooke, Québec, the company utilizes its proprietary electrolysis technology platform, ECOTHOR, to tackle wastewater challenges across various industries, including municipal water treatment, food processing, dairy processing, mining, and more. E2metrix specializes in providing solutions for phosphorus removal, ammonia reduction, and the recovery of resources, enabling clients to effectively manage and treat a broad range of contaminants in their wastewater.

Sustane

Grant in 2017
Sustane is a cleantech company focused on the transformation of municipal solid waste into valuable resources. Utilizing innovative waste-transformation technology, Sustane converts solid waste streams into high-value fuels and recyclable materials. This process helps clients reduce their reliance on landfills while also addressing environmental concerns. By minimizing the costs associated with waste management, Sustane provides a sustainable solution for municipalities seeking to improve waste handling and promote environmental stewardship.

QD Solar

Grant in 2017
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.

Airex Energy

Venture Round in 2017
Airex Energy is a technology company developing torrefaction processes to convert biomass waste into carbonized products such as bio-coal and biochar. Its CarbonFX cyclonic bed reactor enables large-scale production from a range of feedstocks, including woody biomass and agricultural waste, to help reduce carbon emissions and support progress toward net-zero. The company was founded in 2008 and is based in Laval, Canada.

GBatteries

Grant in 2017
GBatteries is a developer of advanced battery technology focused on enhancing the charging capabilities of electric vehicles. The company has created a solution that allows lithium-ion batteries to charge at speeds comparable to filling a traditional gas tank, significantly improving charge time and cycle life. This innovative technology achieves rapid charging without altering the battery's chemistry or manufacturing process, thereby ensuring battery longevity. By facilitating faster charging, GBatteries aims to support the transition from internal combustion engines to electric vehicles, making electric mobility more accessible and convenient for consumers.

Advonex International

Venture Round in 2016
Advonex International develops plant-based hydrocarbon solutions for personal care and industrial applications. The company produces hydrocarbons from non-GMO, sustainably grown seed crops such as canola, soybeans, corn, palm, and coconut, enabling clients to replace waxes, petrolatum, and mineral and silicone oils with cost-effective alternatives. Its science-driven approach aims to deliver practical solutions that support client performance and sustainability goals. The organization emphasizes collaboration and views its team as a core asset, with flexibility and autonomy to innovate. By focusing on sustainable sourcing and diverse applications, Advonex positions itself as a partner for customers seeking greener substitutes without sacrificing functionality.

Axine Water Technologies

Grant in 2016
Axine Water Technologies Inc. is a Vancouver-based company specializing in innovative wastewater treatment solutions. Established in 2010, the firm focuses on developing chemical-free systems designed to address high concentrations of complex and toxic organic pollutants, including phenols, pharmaceuticals, and ammonia, in industrial wastewater. Utilizing proprietary electrolytic oxidation technology, Axine's systems effectively treat various pollutants in a single step without the need for chemicals or the production of sludge. The company's solutions cater to a diverse range of industries, including oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management, helping clients reduce costs and enhance the performance of their wastewater management processes.

NextGrid

Grant in 2016
NextGrid specializes in the development and manufacturing of a micro-steam turbine combined heat and power (CHP) system designed for multi-residential and small commercial applications. This innovative system utilizes advanced turbine and combustion technologies to deliver hot water and electricity with significantly enhanced fuel efficiency, achieving up to 50 percent higher efficiency compared to conventional water heaters. The CHP system is particularly beneficial for markets such as hotels, multi-unit residential buildings, and various commercial operations, as it helps reduce electricity transportation and distribution losses, resulting in cost savings for users and promoting more sustainable energy practices.

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.
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