Top 47 Green Energy startups in Canada

Updated: February 08, 2024

1
Funding: $871.5M
Enerkem is a cleantech company transforming waste into transportation biofuels, renewable chemicals and everyday products.
2
Funding: $365.3M
Eavor's solution, Eavor-Loop, takes a traditional niche energy source (geothermal) and makes it scalable by removing the need for either volcanic-type temperature or permeable aquifers.
3
Funding: $354.5M
General Fusion is developing utility-scale fusion power using a new, patent pending concept based on recent developments in Magnetized Target Fusion (MTF). It is the goal of General Fusion to demonstrate and commercialize this new clean, safe and economical concept by the end of the decade.
4
Funding: $322M
Hydrostor is a developer of Advanced Compressed Air Energy Storage (A-CAES), a long-duration, emission-free, cost-effective energy storage.
5
Funding: $149.4M
Ecobee is a provider of Wi-Fi enabled smart thermostats comes with Amazon's Alexa voice assistant built in for residential and commercial applications.
6
Funding: $90M
dcbel offers AI-driven sustainable technologies which enable people to leverage solar energy to power their cars, homes, and lifestyles.
7
Funding: $77.4M
Anaergia converts the biogenic portion of organic waste into renewable natural gas for distribution in municipal power grids or for fleet vehicle fuel. Its proprietary technologies are being used in more than 1,600 renewable-energy projects around the world for municipal, industrial, commercial and agricultural markets.
8
Funding: $75.1M
BrainBox AI utilizes cloud-based computing, algorithms, and a proprietary process to create an autonomous building technology.
9
Funding: $65M
Peak Power provides energy management solutions for commercial real estate and industrial companies.
10
Funding: $61.2M
E3 Metals is a lithium company with the goal of producing battery-quality lithium products to power the growing electrical revolution.
11
Funding: $55.7M
Electrovaya manufactures lithium ion batteries and systems for electric vehicles, portable power for industrial electronics and energy storage for smart grids. Its unique manufacturing process is toxin- and emission-free.
12
Funding: $53.1M
Morgan Solar develops concentrated photovoltaic module, which features the industry’s most advanced optical designs and is up to 15% more efficient than conventional solar panels, and two-axis tracker, which offers significantly higher ROI compared to conventional fixed-track systems because it can be set up and serviced manually rather than having to use cranes and heavy machinery.
13
Funding: $50M
Kontrol Integrates smart energy devices, energy software and energy retrofits to help organizations benefit from energy cost savings while minimizing greenhouse gas emissions.
14
Funding: $45.3M
Ionomr has developed revolutionary ion exchange membrane technology that drastically improves efficiency and performance while minimizing cost and environmental impact: hydrogen generation to fuel the hydrogen economy, hydrogen fuel cells to power vehicles, ships, buildings, conversion of CO2 to synthetic fuels
15
Funding: $42.2M
e-Zinc is an electrochemical technology developer of energy storage solutions.
16
Funding: $40.8M
Nexterra delivers advanced gasification systems to self-generate clean, low cost heat and power using waste fuels.
17
Funding: $36.7M
TransPod Inc. is a company dedicated to bringing the Hyperloop to reality.
18
Funding: $35.4M
ChargeLab is the Android of EV charging. Our hardware-agnostic software runs on the world’s most popular EV chargers.
19
Funding: $33.8M
Solantro’s chipsets and platforms turn solar panels into integrated power generators and allow for the management and storage of renewable energy. The chipsets are designed and built specifically to measure, process and drive complex power architectures from distributed energy resources
20
Funding: $33.7M
GeologicAI is a technology company that provides core scanning, core logging, and mineral identificatoin. It uses AI to analyze rock scans.
21
Funding: $33.4M
Woodland Biofuels develops technology ti produce cellulosic ethanol from waste biomass, such as wood chips and agricultural waste.
22
Funding: $25M
Orennia provides an all-in-one data, analytics and insights platform for efficient, fast and accurate capital allocation decisions in energy transition spaces.
23
Funding: $21.1M
Pond captures industrial emissions and grows algae off it. Algae are processed into petroleum derivatives.
24
Funding: $20.6M
Moment Energy develops clean, affordable, and reliable energy storage by repurposing retired electric vehicle batteries.
25
Funding: $15.9M
Aurora Hydrogen is developing the next generation of hydrogen production technology.
26
Funding: $15.1M
Loop Fuel Cell Range Extenders are engineered for premium performance to reduce the carbon footprint of trucks and buses while cutting costs and increasing productivity.
27
Funding: $10.5M
Temporal designs, manufactures and services the world’s leading flywheel energy-storage technology. Using an all-steel flywheel in combination with proprietary bearing technology, Temporal offers a high-performance energy storage solution that is made of 100% recyclable materials, holds the highest amount of energy of any flywheel in the world and does not degrade with age.
28
Funding: CA$14.7M
BluWave-ai uses artificial intelligence to improve operations for energy grids and renewable energy sources like wind and solar farms
29
Funding: $6.1M
dPoint develops and sells membranes and energy recovery technology that significantly improve the energy efficiency and air quality in buildings. It has adapted its patented fuel-cell heat and humidity exchanger technology for use in energy recovery ventilator systems, which transfer heat and humidity between the intake and exhaust in a residential or commercial building’s ventilation system.
30
Funding: $5.8M
A deep-well advanced geothermal technology company and project developer, focusing on direct use opportunities.
31
Funding: $5M
Invenia’s Energy Intelligence System is a cloud-based machine learning platform that uses big, high frequency data to solve complex problems in real time. Invenia currently applies its platform to optimize electric utility operations as well as electricity markets themselves.
32
Funding: $5M
Madison Metals is committed to innovation and sustainability, forging the future of uranium production while meeting global climate action initiative standards.
33
Funding: $4.7M
Salient Energy produces zinc-ion batteries for applications in the electrical grid.
34
Funding: CA$6.3M
Click Materials is developing smart windows that offer a convenient, versatile way to reduce energy consumption and customize almost any environment.
35
Funding: $3.9M
GBatteries is changing the lithium battery charging game. With a mission of revolutionizing the electric car industry, GBatteries has created an artificial intelligence-backed technology that can charge a lithium battery to half full in 5 minutes.
36
Leading global solar road solutions provider backed by market leading research and innovation. It develops critical materials, modules, and process know-how for solar roads – an emerging industry sector that paves driveways, walkways, parkways, bike paths, and highways with photovoltaic (PV) materials, turning road surfaces into a site for dependable, accessible, and affordable clean electricity production and consumption
37
Funding: $1.8M
TROES develops smart IOT based and AI powered battery energy storage systems geared towards helping mid market Commercial, Industrial and Institutional (CII) clients to store electricity and transfer it over time.
38
Funding: $1.1M
Stash Energy’s system allows users to store energy during non-peak periods, working with conventional heat pumps and allowing users to specify when to switch from using grid energy to stored energy. The solution promises to save up to 70 percent on utility bills.
39
Funding: $1M
Moduly develops a smart energy storage system to assist electricity users in saving money and reducing consumption.
40
Funding: $450K
Quadrical develops AI-based solar plant monitoring and forecasting platform
41
Funding: $100K
Infinidium is developing the world’s most efficient Datacenter infrastructure while providing inexpensive High Performance Computing services on the Cloud with lowest environmental impact available in a rapidly growing marketplace
42
Onestone Holdings would make liquid hydrogen in special tankers on the ocean and transport it for the production of electricity.
43
Bridge Gap Renewables develops microgrids to provide power for remote communities worldwide. It is working with Smart Hydro and the Canadian Hydrokinetic Turbine Test Centre (CHTTC) to develop a pilot microgrid using hydro, solar, and other clean technology as part of a holistic community solution.
44
Storage Power Solutions manufacturers and engineers battery energy storage gateway systems for both commercial & industrial applications, as well as front of the meter utility applications.
45
NULIFE GreenTech has created an oxygen reduction catalyst that can unlock the advanced biofuels market and allow governments around the world to meet their clean fuel mandates.
46
Atlas Power Technologies is proceeding to large scale ultracapacitor manufacturing. Our solution is designed to be used for storing renewable energy, enabling the transition to a cleaner renewable future.
47
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