Canada · 
Who invested in Hydrostor?
Hydrostor's investors include BDC Capital, US Department of Energy, Export Development Canada, MaRS Cleantech Fund and Meridiam.
2013201520172019202120232025
?Round$37MRound?Venture
Canada · Venture startup
Who invested in Hydrostor
Funding summaryUpdated 26 Oct 2026
$37Mraised across 3 rounds since 2013, from 3 sources
- Latest round
- VentureFeb 2026
- Biggest round
- $37MRound · Sept 2019
- Investors
- 5
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Round May 2013
- Biggest round
- $37M Round · Sept 2019
- Usual gap between rounds
- 6.3 years the median of 2
The rounds
- Feb 2026VentureAmount undisclosed3 new
Source recorded
- Sept 2019
- May 2013
Founders and team
From Hydrostor's own website: 1 founder, 13 on the team.
- Jon NormanPresident
- Beth SummersChief Financial Officer
- Chris PhebusChief Technology Officer
- Jordan ColeChief Commercial Officer
- Sarah SkinnerChief People Officer
- Glenn WrightBoard Member
- Goldman Sachs AlternativesCanada Pension Plan Investment Board
- Gunduz ShirinBoard Member
- Judith A. JohansenChair Of The Board
- Pat MoyerGeneral Counsel
- Patrick ChabotBoard Member
- Ron MillerBoard Member
- Sebastien GagnonBoard Member
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Round2013Round2019Venture2026
BDC Capital
US Department of Energy
Export Development CanadaMaRS Cleantech Fund
Meridiam
BDC CapitalUS Department of EnergyExport Development CanadaMaRS Cleantech FundMeridiamEveryone who backed them
MaRS Cleantech FundInvestment firm1round
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 2 firms list Hydrostor 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.
Quick answers about Hydrostor
How much has Hydrostor raised?
Hydrostor has raised $37M across 3 rounds since 2013. 2 rounds did not disclose an amount, so the total is a floor.
When did Hydrostor last raise?
Hydrostor's most recent round was a Venture in Feb 2026.
What was Hydrostor's biggest round?
Hydrostor's largest round on record is $37M (Undisclosed round), in Sept 2019.
Who backed Hydrostor first?
Hydrostor's first round on record, in May 2013, was backed by MaRS Cleantech Fund.
What stage is Hydrostor at?
Hydrostor's latest named round is a Venture, in Feb 2026.
Where is Hydrostor based?
Hydrostor is based in Canada.
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