Top 64 Green Energy startups in Canada
1
Funding: $7M
Solaires uses perovskite to develop next-generation solar technology tuned for indoor light absorption. These solar cells can be used for battery-driven indoor smart gadgets, IoT devices, wireless energy transmission. Solaires' technology allows for flexible, light, thin, and translucent modules
Solaires uses perovskite to develop next-generation solar technology tuned for indoor light absorption. These solar cells can be used for battery-driven indoor smart gadgets, IoT devices, wireless energy transmission. Solaires' technology allows for flexible, light, thin, and translucent modules
2
Funding: $2.3B
Hydrostor is a creator of Advanced Compressed Air Energy Storage (A-CAES) - long-duration, emission-free, economical energy storage. Its method is as simple as it is effective: When surplus power is available on the grid, Hydrostor directs it through turbines, transforms it to compressed air and pump it into massive underground caverns. Once in the cavern, it is retained as potential energy. When the grid requires that power back, the storage straightforwardly inverts the process. Adiabatic compression reuses heat for efficiency, while hydrostatic control guarantees stable pressure, decreasing footprint and enabling flexible siting. The company declares delivery of up to 500MW for 8 hours and project lifetime up to 50+ years.
Hydrostor is a creator of Advanced Compressed Air Energy Storage (A-CAES) - long-duration, emission-free, economical energy storage. Its method is as simple as it is effective: When surplus power is available on the grid, Hydrostor directs it through turbines, transforms it to compressed air and pump it into massive underground caverns. Once in the cavern, it is retained as potential energy. When the grid requires that power back, the storage straightforwardly inverts the process. Adiabatic compression reuses heat for efficiency, while hydrostatic control guarantees stable pressure, decreasing footprint and enabling flexible siting. The company declares delivery of up to 500MW for 8 hours and project lifetime up to 50+ years.
3
Funding: $1.6B
NexGen Energy is uranium exploration and development company. Rook I, NexGen’s flagship project can produce up to 30 million pounds of uranium a year. Its state-of-the-art infrastructure designed with automation and safety at its core, supported by two vertical shafts that will transport people, materials and ore while providing fresh air to the underground workings.
NexGen Energy is uranium exploration and development company. Rook I, NexGen’s flagship project can produce up to 30 million pounds of uranium a year. Its state-of-the-art infrastructure designed with automation and safety at its core, supported by two vertical shafts that will transport people, materials and ore while providing fresh air to the underground workings.
4
Funding: $820.8M
Enerkem has developed gasification technology that converts a wide range of biomass waste into low-carbon fuels and chemicals. Shredded waste is fed into a bubbling fluidized bed gasification reactor where it reacts with steam and oxygen, breaking down the molecules and producing a gas mixture called syngas. The syngas is then sent to another vessel, a reformer, for further conversion of the molecules into the desired components. The resulting syngas is rich in hydrogen and carbon monoxide, key building blocks of molecules used in modern chemical processes. Enerkem has a pipeline of new projects to produce 1,000,000 tons of environmentally friendly methanol per year.
Enerkem has developed gasification technology that converts a wide range of biomass waste into low-carbon fuels and chemicals. Shredded waste is fed into a bubbling fluidized bed gasification reactor where it reacts with steam and oxygen, breaking down the molecules and producing a gas mixture called syngas. The syngas is then sent to another vessel, a reformer, for further conversion of the molecules into the desired components. The resulting syngas is rich in hydrogen and carbon monoxide, key building blocks of molecules used in modern chemical processes. Enerkem has a pipeline of new projects to produce 1,000,000 tons of environmentally friendly methanol per year.
5
Funding: $569.1M
Eavor is developing next-generation geothermal technologies. Unlike traditional geothermal systems (which require either direct access to hot aquifers or hydraulic fracturing), Eavor-Loop extracts heat from hot rock through conduction. Hot rock is found virtually everywhere beneath our feet, meaning Eavor can extract energy from virtually anywhere on the planet. Eavor-Loop is a closed-loop geothermal system drilled deep into the Earth via a series of multi-lateral wells. The system contains and circulates a patented working fluid that transfers heat from the rock. The fluid circulates naturally, without the need for an external pump, thanks to the thermosiphon effect. The heat is then used in commercial heating systems (e.g., greenhouses, district heating) or to generate electricity using conventional heat to power motors.
Eavor is developing next-generation geothermal technologies. Unlike traditional geothermal systems (which require either direct access to hot aquifers or hydraulic fracturing), Eavor-Loop extracts heat from hot rock through conduction. Hot rock is found virtually everywhere beneath our feet, meaning Eavor can extract energy from virtually anywhere on the planet. Eavor-Loop is a closed-loop geothermal system drilled deep into the Earth via a series of multi-lateral wells. The system contains and circulates a patented working fluid that transfers heat from the rock. The fluid circulates naturally, without the need for an external pump, thanks to the thermosiphon effect. The heat is then used in commercial heating systems (e.g., greenhouses, district heating) or to generate electricity using conventional heat to power motors.
6
Funding: $392M
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.
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.
7
Funding: $256.1M
enCore Energy is a uranium developer and explorer focusing on advancing its portfolio of ISR and conventional assets.
enCore Energy is a uranium developer and explorer focusing on advancing its portfolio of ISR and conventional assets.
8
Funding: $190.1M
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.
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.
9
Funding: $156.6M
Terrestrial Energy creates SMR based on molten salt fission technology. In its reactor (iMSR) uranium fuel is mixed with various salts, such as lithium fluoride or sodium fluoride, that serve to suspend the nuclear fuel and act as the reactor’s main coolant. The reactor core includes not only the fuel and graphite modulators that regulate the speed of the fission reactions, but also the heat exchangers and pumps that keep the salt cool and flowing. The startup is targeting a range of markets, including electric power, data centers, and industrial applications that require heat.
Terrestrial Energy creates SMR based on molten salt fission technology. In its reactor (iMSR) uranium fuel is mixed with various salts, such as lithium fluoride or sodium fluoride, that serve to suspend the nuclear fuel and act as the reactor’s main coolant. The reactor core includes not only the fuel and graphite modulators that regulate the speed of the fission reactions, but also the heat exchangers and pumps that keep the salt cool and flowing. The startup is targeting a range of markets, including electric power, data centers, and industrial applications that require heat.
10
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.
Ecobee is a provider of Wi-Fi enabled smart thermostats comes with Amazon's Alexa voice assistant built in for residential and commercial applications.
11
Funding: $145M
dcbel offers AI-driven sustainable technologies which enable people to leverage solar energy to power their cars, homes, and lifestyles.
dcbel offers AI-driven sustainable technologies which enable people to leverage solar energy to power their cars, homes, and lifestyles.
12
Funding: $126.8M
Anaergia offers comprehensive, integrated solutions for municipal solid waste management, resource recovery in the wastewater sector and waste management for large agricultural and food processing enterprises. The company develops world-leading solutions for anaerobic digestion, pyrolysis, organic matter recovery and biogas upgrading. Anaergia's anaerobic digestion technology has been implemented at over 1,000 facilities in more than 17 countries. The company provides customers with equipment or designs, finances, builds and operates complete biorefineries. The company's goal is to become the world's leading producer of renewable fuels while simultaneously reducing global carbon emissions.
Anaergia offers comprehensive, integrated solutions for municipal solid waste management, resource recovery in the wastewater sector and waste management for large agricultural and food processing enterprises. The company develops world-leading solutions for anaerobic digestion, pyrolysis, organic matter recovery and biogas upgrading. Anaergia's anaerobic digestion technology has been implemented at over 1,000 facilities in more than 17 countries. The company provides customers with equipment or designs, finances, builds and operates complete biorefineries. The company's goal is to become the world's leading producer of renewable fuels while simultaneously reducing global carbon emissions.
13
Funding: $112.9M
Moment Energy solves two problems associated with electric vehicles: what to do with used batteries and how to prevent grid overload from too many vehicles charging simultaneously. The company purchases used batteries from automakers like Mercedes-Benz and Nissan North America and integrates them into larger rechargeable energy storage systems. Moment Energy's battery energy storage systems can be used by industrial facilities or power companies for load balancing and peak shaving - the process of smoothing electricity flows using batteries to manage peaks in demand.
Moment Energy solves two problems associated with electric vehicles: what to do with used batteries and how to prevent grid overload from too many vehicles charging simultaneously. The company purchases used batteries from automakers like Mercedes-Benz and Nissan North America and integrates them into larger rechargeable energy storage systems. Moment Energy's battery energy storage systems can be used by industrial facilities or power companies for load balancing and peak shaving - the process of smoothing electricity flows using batteries to manage peaks in demand.
14
Funding: $81.9M
E3 Metals is a lithium company with the goal of producing battery-quality lithium products to power the growing electrical revolution.
E3 Metals is a lithium company with the goal of producing battery-quality lithium products to power the growing electrical revolution.
15
Funding: $77.7M
GeologicAI is a technology company that provides core scanning, core logging, and mineral identificatoin. It uses AI to analyze rock scans.
GeologicAI is a technology company that provides core scanning, core logging, and mineral identificatoin. It uses AI to analyze rock scans.
16
Funding: $75.1M
BrainBox AI utilizes cloud-based computing, algorithms, and a proprietary process to create an autonomous building technology.
BrainBox AI utilizes cloud-based computing, algorithms, and a proprietary process to create an autonomous building technology.
17
Funding: $73.2M
e-Zinc is an electrochemical technology developer of energy storage solutions.
e-Zinc is an electrochemical technology developer of energy storage solutions.
18
Funding: $66M
ARC is a clean energy technology company developing the ARC-100, an advanced small modular reactor offering safe, reliable, and economical power. Built on the EBR-II, which ran for over 30 years at Idaho National Laboratory, the ARC-100 is factory-fabricated and modular, delivering firm baseload power ideally matched for data center and industrial users. It's a liquid sodium fast reactor that theoreticlly enables a future closed fuel cycle with 99% fuel utilization. In any loss-of-power or loss-of-cooling scenario, the reactor shuts itself down through natural physics: thermal expansion of the fuel and coolant inserts negative reactivity, and natural convection of the sodium removes decay heat indefinitely. ARC is a U.S. Department of Energy Advanced Reactor Demonstration Program awardee advancing first U.S. deployment, with additional international deployment underway in Canada and Türkiye.
ARC is a clean energy technology company developing the ARC-100, an advanced small modular reactor offering safe, reliable, and economical power. Built on the EBR-II, which ran for over 30 years at Idaho National Laboratory, the ARC-100 is factory-fabricated and modular, delivering firm baseload power ideally matched for data center and industrial users. It's a liquid sodium fast reactor that theoreticlly enables a future closed fuel cycle with 99% fuel utilization. In any loss-of-power or loss-of-cooling scenario, the reactor shuts itself down through natural physics: thermal expansion of the fuel and coolant inserts negative reactivity, and natural convection of the sodium removes decay heat indefinitely. ARC is a U.S. Department of Energy Advanced Reactor Demonstration Program awardee advancing first U.S. deployment, with additional international deployment underway in Canada and Türkiye.
19
Funding: $65.4M
ChargeLab is the Android of EV charging. Our hardware-agnostic software runs on the world’s most popular EV chargers.
ChargeLab is the Android of EV charging. Our hardware-agnostic software runs on the world’s most popular EV chargers.
20
Funding: $65M
Peak Power provides energy management solutions for commercial real estate and industrial companies.
Peak Power provides energy management solutions for commercial real estate and industrial companies.
21
Funding: $56M
FusionOne diverts plastic waste from landfill to convert it to Hydrogen and Electricity
FusionOne diverts plastic waste from landfill to convert it to Hydrogen and Electricity
22
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.
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.
23
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.
Kontrol Integrates smart energy devices, energy software and energy retrofits to help organizations benefit from energy cost savings while minimizing greenhouse gas emissions.
24
Funding: $50.3M
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
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
25
Funding: $40.8M
Nexterra delivers advanced gasification systems to self-generate clean, low cost heat and power using waste fuels.
Nexterra delivers advanced gasification systems to self-generate clean, low cost heat and power using waste fuels.
27
Funding: $33.4M
Woodland Biofuels develops technology ti produce cellulosic ethanol from waste biomass, such as wood chips and agricultural waste.
Woodland Biofuels develops technology ti produce cellulosic ethanol from waste biomass, such as wood chips and agricultural waste.
28
Funding: $33.4M
ThinkLabs AI is building artificial intelligence models that simulate the behavior of the electric grid. The models can calculate things like interconnection of large loads, like data centers or electric vehicle charging and understand the impact they have on the grid. According to the company, its platform can compress a month-long grid study into under three minutes and run 10 million scenarios in 10 minutes, while maintaining greater than 99.7% accuracy on grid power flow calculations. ThinkLabs trains its AI on the outputs of first-principles physics simulators (the same tools utilities already trust) and then validates its models against those simulators.
ThinkLabs AI is building artificial intelligence models that simulate the behavior of the electric grid. The models can calculate things like interconnection of large loads, like data centers or electric vehicle charging and understand the impact they have on the grid. According to the company, its platform can compress a month-long grid study into under three minutes and run 10 million scenarios in 10 minutes, while maintaining greater than 99.7% accuracy on grid power flow calculations. ThinkLabs trains its AI on the outputs of first-principles physics simulators (the same tools utilities already trust) and then validates its models against those simulators.
29
Bruce Power is a nuclear power generator. The company generates almost 30 percent of Ontarios power. They have 8 active power units in operation with a total installed capacity of 6,384 MW and an annual generation capacity of 47,630 GWh of power. Bruce Power provides nuclear power to one in three homes, hospitals, schools and businesses in Ontario and medical isotopes across the globe to keep medical equipment sterilized and assist in fighting disease.
30
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.
Orennia provides an all-in-one data, analytics and insights platform for efficient, fast and accurate capital allocation decisions in energy transition spaces.
31
Funding: $21.1M
Pond captures industrial emissions and grows algae off it. Algae are processed into petroleum derivatives.
Pond captures industrial emissions and grows algae off it. Algae are processed into petroleum derivatives.
32
Funding: $18.9M
Aurora Hydrogen is developing the next generation of hydrogen production technology.
Aurora Hydrogen is developing the next generation of hydrogen production technology.
33
Funding: $16.6M
AlumaPower develops an aluminum-based energy source providing carbon-free energy. Our innovative long duration energy source turns recycled aluminum into the world's newest clean fuel.
AlumaPower develops an aluminum-based energy source providing carbon-free energy. Our innovative long duration energy source turns recycled aluminum into the world's newest clean fuel.
34
Funding: CA$19.3M
FuelPositive is a technology company committed to providing commercially viable and sustainable, “cradle to cradle”, clean energy solutions, including an onsite, containerized Green Ammonia production system, for use across a broad spectrum of industries and applications.
FuelPositive is a technology company committed to providing commercially viable and sustainable, “cradle to cradle”, clean energy solutions, including an onsite, containerized Green Ammonia production system, for use across a broad spectrum of industries and applications.
35
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.
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.
36
Funding: CA$14.7M
BluWave-ai uses artificial intelligence to improve operations for energy grids and renewable energy sources like wind and solar farms
BluWave-ai uses artificial intelligence to improve operations for energy grids and renewable energy sources like wind and solar farms
37
Funding: CA$13.1M
Nexus is is a uranium exploration company focused on meeting growing uranium demand driven by the nuclear energy renaissance. It operates an advancing a portfolio of uranium projects in the US and Canada. The Company’s US projects are potentially amenable to in-situ recovery (ISR) mining methods.
Nexus is is a uranium exploration company focused on meeting growing uranium demand driven by the nuclear energy renaissance. It operates an advancing a portfolio of uranium projects in the US and Canada. The Company’s US projects are potentially amenable to in-situ recovery (ISR) mining methods.
38
Funding: $7.2M
Ayrton Energy has developed e-LOHC technology - a combination of liquid organic hydrogen carrier (LOHC) and electrochemistry - for the safe storage and transportation of hydrogen. Unlike traditional hydrogen storage in cryogenically cooled high-pressure tanks, e-LOHC stores hydrogen as a liquid at room temperature, allowing it to be transported like diesel fuel using existing fuel infrastructure. e-LOHC uses a carrier oil that readily absorbs and releases hydrogen gas, like hydrogen sponges. Hydrogen molecules chemically bond with the lean carrier fluid through an electrochemical reaction, creating a safe, energy-dense hydrogen storage medium. When needed, hydrogen is released from the carrier fluid and delivered at a purity sufficient for fuel cells.
Ayrton Energy has developed e-LOHC technology - a combination of liquid organic hydrogen carrier (LOHC) and electrochemistry - for the safe storage and transportation of hydrogen. Unlike traditional hydrogen storage in cryogenically cooled high-pressure tanks, e-LOHC stores hydrogen as a liquid at room temperature, allowing it to be transported like diesel fuel using existing fuel infrastructure. e-LOHC uses a carrier oil that readily absorbs and releases hydrogen gas, like hydrogen sponges. Hydrogen molecules chemically bond with the lean carrier fluid through an electrochemical reaction, creating a safe, energy-dense hydrogen storage medium. When needed, hydrogen is released from the carrier fluid and delivered at a purity sufficient for fuel cells.
39
Funding: $7M
Soma Energy has built an AI platform serving power producers and data centers, helping both optimize their energy assets in real time to save money and extend their available power. The technology coordinates resources including wind, solar and batteries and the management of energy demands such as data center workloads.
Soma Energy has built an AI platform serving power producers and data centers, helping both optimize their energy assets in real time to save money and extend their available power. The technology coordinates resources including wind, solar and batteries and the management of energy demands such as data center workloads.
40
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.
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.
41
Funding: $5.8M
A deep-well advanced geothermal technology company and project developer, focusing on direct use opportunities.
A deep-well advanced geothermal technology company and project developer, focusing on direct use opportunities.
42
Funding: $4.7M
Salient Energy produces zinc-ion batteries for applications in the electrical grid.
Salient Energy produces zinc-ion batteries for applications in the electrical grid.
43
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.
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.
44
Funding: $3.3M
QEA Tech is a software company that combines AI, drone technology, and thermal imaging to provide insights into the building envelope.
QEA Tech is a software company that combines AI, drone technology, and thermal imaging to provide insights into the building envelope.
45
Funding: $2.8M
Prodigy Clean Energy is advancing its Transportable Nuclear Power Plant technology as critical enabling infrastructure to deploy SMRs in remote regions. Prodigy’s TNPPs can package, transport and deploy any reactor, allowing end-users to customize facilities by gross power output and energy type. Multiple SMR modules can be packaged within the facility to reach target capacity ranging from ~5MWe to ~1GWe. After fabrication, outfitting, and transport to the deployment location, Prodigy TNPPs are secured to site-based infrastructure. The result is a completely self-sufficient nuclear generating facility rapidly commissioned and put into service.
Prodigy Clean Energy is advancing its Transportable Nuclear Power Plant technology as critical enabling infrastructure to deploy SMRs in remote regions. Prodigy’s TNPPs can package, transport and deploy any reactor, allowing end-users to customize facilities by gross power output and energy type. Multiple SMR modules can be packaged within the facility to reach target capacity ranging from ~5MWe to ~1GWe. After fabrication, outfitting, and transport to the deployment location, Prodigy TNPPs are secured to site-based infrastructure. The result is a completely self-sufficient nuclear generating facility rapidly commissioned and put into service.
46
Funding: $2.5M
Edgecom Energy is developing SaaS software that is empowering large energy consumers to achieve real-time data visibility and AI-driven insights to reduce energy usage, costs and emissions.
Edgecom Energy is developing SaaS software that is empowering large energy consumers to achieve real-time data visibility and AI-driven insights to reduce energy usage, costs and emissions.
47
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.
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.
48
Funding: $1.4M
Voltai harvests energy from motion to help marine industries reduce reliance on fossil fuels and stored energy.
Voltai harvests energy from motion to help marine industries reduce reliance on fossil fuels and stored energy.
49
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.
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.
50
Funding: CA$1.5M
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.
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.
