# Innovative Fuel Systems funding: rounds and investors

> Innovative Fuel Systems has raised $2.0M across 1 round since 2023. Investors include Alberta Innovates. Every round with its source.

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

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

# Who invested in *Innovative Fuel Systems*

One round we have observed, with the one investor 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.

Energy

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Funding summary Updated 27 Oct 2026

**$2.0M** raised across 1 round since 2023, from 1 source

- **Latest round:** Grant, $2.0M Feb 2023
- **Investors:** 1

See who backed them

## The rounds

- **Feb 2023** Grant **$2.0M** [Alberta Innovates](https://millionrounds.com/fund/alberta-innovates) Source recorded

## Everyone who backed them

[Alberta Innovates](https://millionrounds.com/fund/alberta-innovates) Investment firm **1** round

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

## Quick answers about Innovative Fuel Systems

### Who invested in Innovative Fuel Systems?

Innovative Fuel Systems's investors include Alberta Innovates.

### How much has Innovative Fuel Systems raised?

Innovative Fuel Systems has raised $2.0M across 1 round since 2023.

### When did Innovative Fuel Systems last raise?

Innovative Fuel Systems's most recent round was a Grant of $2.0M in Feb 2023.

### What was Innovative Fuel Systems's biggest round?

Its most recent round, $2.0M in Feb 2023, is also its largest on record.

### Who backed Innovative Fuel Systems first?

Innovative Fuel Systems's first round on record, in Feb 2023, was backed by Alberta Innovates.

### What stage is Innovative Fuel Systems at?

Innovative Fuel Systems's latest named round is a Grant, in Feb 2023.

### Where is Innovative Fuel Systems based?

Innovative Fuel Systems is based in Canada.

## Companies like Innovative Fuel Systems

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

[**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)[**Full Circle Lithium** $3.5M · Jun 2026](https://millionrounds.com/company/full-circle-lithium)[**Foremost Clean Energy** $35K · Jun 2026](https://millionrounds.com/company/foremost-clean-energy)[**NORAM Electrolysis Systems Inc** $4.0M · Jun 2026](https://millionrounds.com/company/noram-electrolysis-systems-inc)

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