# Northstar Clean Technologies funding: rounds and investors

> Northstar Clean Technologies has raised $9.7M across 2 rounds since 2025. Investors include BDC Capital and Alberta Innovates. Every round with its source.

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

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

# Who invested in *Northstar Clean Technologies*

2 rounds we have observed, with the 2 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.

Cleantech

Raised 8 months ago

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Funding summary Updated 27 Oct 2026

**$9.7M** raised across 2 rounds since 2025, from 2 sources

**$722K** Round **$9.0M** Debt

- **Latest round:** Debt, $9.0M Mar 2026
- **Step-up i:** 12.5×
- **Investors:** 2

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.

2026

**$722K** Round

**$9.0M** Debt

- **First round:** Round, $722K
- **Biggest round:** $9.0M
- **Between rounds:** 3 months

## The rounds

- **Mar 2026** Debt **$9.0M** *1 new* *1 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Alberta Innovates](https://millionrounds.com/fund/alberta-innovates) Source recorded
- **Dec 2025** Round **$722K** *1 new* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) Source recorded

## Founders and team

From Northstar Clean Technologies's own website: 2 founders, 6 on the team.

**Gord Johnson** Co-Founder, Director, President of Empower

**Terry Charles** Co-Founder, Director of Special Operations

- **Aidan Mills** President & CEO, Director
- **Lynda Paananen** Chief Financial Officer
- **James Borkowski** Chairman
- **Jeffrey Beyer** Director
- **Neil Currie** Director
- **Patrick Chiu** Director

Advisers *Gregg Sedun* *James Currie*

## 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** 2025 **Debt** 2026 [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Alberta Innovates](https://millionrounds.com/fund/alberta-innovates)

## Everyone who backed them

[BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **2** rounds

[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=northstar-clean-technologies).

## Quick answers about Northstar Clean Technologies

### Who invested in Northstar Clean Technologies?

Northstar Clean Technologies's investors include BDC Capital and Alberta Innovates.

### How much has Northstar Clean Technologies raised?

Northstar Clean Technologies has raised $9.7M across 2 rounds since 2025.

### When did Northstar Clean Technologies last raise?

Northstar Clean Technologies's most recent round was a Debt of $9.0M in Mar 2026.

### What was Northstar Clean Technologies's biggest round?

Its most recent round, $9.0M in Mar 2026, is also its largest on record.

### Who backed Northstar Clean Technologies first?

Northstar Clean Technologies's first round on record, in Dec 2025, was backed by BDC Capital.

### What stage is Northstar Clean Technologies at?

Northstar Clean Technologies's latest named round is a Debt, in Mar 2026.

### Where is Northstar Clean Technologies based?

Northstar Clean Technologies is based in Canada.

## Companies like Northstar Clean Technologies

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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