# Hydrostor funding: rounds and investors > Hydrostor has raised $37M across 3 rounds since 2013. Investors include BDC Capital, US Department of Energy and Export Development Canada. Source: https://millionrounds.com/company/hydrostor (Millionrounds; every figure on the page links to its filing or article) Canada · [Venture startup](https://millionrounds.com/companies) # Who invested in *Hydrostor* 3 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Energy Manufacturing Raised 9 months ago Funding summary Updated 26 Oct 2026 **$37M** raised across 3 rounds since 2013, from 3 sources - **Latest round:** Venture Feb 2026 - **Biggest round:** $37M Round · Sept 2019 - **Investors:** 5 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2013 2015 2017 2019 2021 2023 2025 **?** Round **$37M** Round **?** Venture - **First round:** Round - **Biggest round:** $37M - **Usual gap between rounds:** 6.3 years ## The rounds - **Feb 2026** Venture **Amount undisclosed** *3 new* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) [Export Development Canada](https://millionrounds.com/fund/export-development-canada) Source recorded - **Sept 2019** Round **$37M** *1 new* [Meridiam](https://millionrounds.com/fund/meridiam) Reported by Globenewswire - **May 2013** Round **Amount undisclosed** *1 new* [MaRS Cleantech Fund](https://millionrounds.com/fund/mars-cleantech-fund) Reported by finsmes.com ## Founders and team From Hydrostor's own website: 1 founder, 13 on the team. **Curtis VanWalleghem** CEO And Co-Founder - **Jon Norman** President - **Beth Summers** Chief Financial Officer - **Chris Phebus** Chief Technology Officer - **Jordan Cole** Chief Commercial Officer - **Sarah Skinner** Chief People Officer - **Glenn Wright** Board Member - **Goldman Sachs Alternatives** Canada Pension Plan Investment Board - **Gunduz Shirin** Board Member - **Judith A. Johansen** Chair Of The Board - **Pat Moyer** General Counsel - **Patrick Chabot** Board Member - **Ron Miller** Board Member - **Sebastien Gagnon** Board 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. **Round** 2013 **Round** 2019 **Venture** 2026 [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) [Export Development Canada](https://millionrounds.com/fund/export-development-canada) [MaRS Cleantech Fund](https://millionrounds.com/fund/mars-cleantech-fund) [Meridiam](https://millionrounds.com/fund/meridiam) ## Everyone who backed them [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **1** round [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Government **1** round [Export Development Canada](https://millionrounds.com/fund/export-development-canada) Government **1** round [MaRS Cleantech Fund](https://millionrounds.com/fund/mars-cleantech-fund) Investment firm **1** round [Meridiam](https://millionrounds.com/fund/meridiam) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=hydrostor). ## 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. [Plaza Ventures](https://millionrounds.com/fund/plaza-ventures) VC firm Per its own site [0MC Capital](https://millionrounds.com/fund/0mc-capital) VC firm Per its own site ## Quick answers about Hydrostor ### Who invested in Hydrostor? Hydrostor's investors include BDC Capital, US Department of Energy, Export Development Canada, MaRS Cleantech Fund and Meridiam. ### 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. ## Companies like Hydrostor 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)[**Summit Nanotech** $3.0M · Sept 2026](https://millionrounds.com/company/summit-nanotech)[**General Fusion** $241M · Jul 2026](https://millionrounds.com/company/general-fusion)[**East Coast Innovation** $550K · Jul 2026](https://millionrounds.com/company/east-coast-innovation)[**NORAM Electrolysis Systems Inc** $4.0M · Jun 2026](https://millionrounds.com/company/noram-electrolysis-systems-inc) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app