# Fex Energy funding: rounds and investors

> Fex Energy has raised $3.5M across 1 round since 2025. Investors include Amplify Capital, Antares Ventures and Fathom Fund. Every round with its source.

Source: https://millionrounds.com/company/fex-energy (Millionrounds; every figure on the page links to its filing or article)

Canada · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Fex Energy*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech

Funding summary Updated 26 Oct 2026

**$3.5M** raised across 1 round since 2025, from 2 sources

- **Latest round:** Seed, $3.5M Sept 2025
- **Led by:** Amplify Capital and Antares Ventures and 1 more
- **Investors:** 4 (3 led)

See who backed them

## The rounds

- **Sept 2025** Seed **$3.5M** [Amplify Capital](https://millionrounds.com/fund/amplify-capital-2) Lead [Antares Ventures](https://millionrounds.com/fund/antares-ventures) Lead [Fathom Fund](https://millionrounds.com/fund/fathom-fund) Lead [Mining Innovation Commercialization Accelerator](https://millionrounds.com/fund/mining-innovation-commercialization-accelerator) Reported by Firms' own news pages and 1 other

## Founders and team

From Fex Energy's own website: 5 on the team.

- **Hayden Smith** CEO
- **Richard Hamby** CTO
- **Dr. Jan Palecka** Research Scientist
- **George Pecotic** Commercial Development Lead
- **Joel Jean-Philyppe** Product Integration Lead

## Everyone who backed them

[Amplify Capital](https://millionrounds.com/fund/amplify-capital-2) Private equity **1** round, led 1

[Antares Ventures](https://millionrounds.com/fund/antares-ventures) VC firm **1** round, led 1

[Fathom Fund](https://millionrounds.com/fund/fathom-fund) VC firm **1** round, led 1

[Mining Innovation Commercialization Accelerator](https://millionrounds.com/fund/mining-innovation-commercialization-accelerator) Accelerator **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=fex-energy).

## Also claim to have backed them

These 2 firms list Fex Energy as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[MaRS Discovery District](https://millionrounds.com/fund/mars-discovery-district) Investment firm Per its own site

[adVentures](https://millionrounds.com/fund/adventures) Venture studio Per its own site

## Quick answers about Fex Energy

### Who invested in Fex Energy?

Fex Energy's investors include Amplify Capital, Antares Ventures, Fathom Fund and Mining Innovation Commercialization Accelerator. Amplify Capital led its latest round.

### How much has Fex Energy raised?

Fex Energy has raised $3.5M across 1 round since 2025.

### When did Fex Energy last raise?

Fex Energy's most recent round was a Seed of $3.5M in Sept 2025, led by Amplify Capital.

### What was Fex Energy's biggest round?

Its most recent round, $3.5M in Sept 2025, is also its largest on record.

### Who backed Fex Energy first?

Fex Energy's first round on record, in Sept 2025, was backed by Amplify Capital, Antares Ventures and Fathom Fund and 1 others.

### What stage is Fex Energy at?

Fex Energy's latest named round is a Seed, in Sept 2025.

### Where is Fex Energy based?

Fex Energy is based in Canada.

### Who led Fex Energy's rounds?

Amplify Capital led the Seed in 2025.

## Companies like Fex Energy

In the same sector, and raised in the last eighteen months.

[**CURA** $14M · Sept 2026](https://millionrounds.com/company/cura)[**Kanin Energy** $100M · Sept 2026](https://millionrounds.com/company/kanin-energy)[**Cyclic Materials** $150M · Aug 2026](https://millionrounds.com/company/cyclic-materials)[**General Fusion** $241M · Jul 2026](https://millionrounds.com/company/general-fusion)[**Nunavut Nunkiksautiit Corporation** $10M · Jun 2026](https://millionrounds.com/company/nunavut-nunkiksautiit-corporation)[**BrandPilot** $549K · May 2026](https://millionrounds.com/company/brandpilot)

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