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Cleantech startups in Canada

88 cleantech startups in Canada have raised money in rounds we track. These are the 50 that have raised the most, $2.4B between them, with Montreal the most common home.

$2.4Braised by these 50
88on our record in all
Montrealmost common home
Enerkemraised the most
  1. 1EnerkemEnerkem is a cleantech company transforming waste into transportation biofuels, renewable chemicals, and everyday products.

    Enerkem is a cleantech company transforming waste into transportation biofuels, renewable chemicals, and everyday products.

    Founded 2000Montreal, Canada$396Mlast round Sept 2015
  2. 2General FusionGeneral Fusion develops commercial fusion energy using Magnetized Target Fusion technology.

    General Fusion develops commercial fusion energy using Magnetized Target Fusion technology.

    Founded 2002Richmond, Canada$241Mlast round Jul 2026
  3. 3EverWind FuelsEverWind Fuels developing new solar and wind farms to produce green hydrogen.

    EverWind Fuels developing new solar and wind farms to produce green hydrogen.

    Founded 2021Halifax, Canada$234Mlast round Jan 2026
  4. 4Amp SolarFounded -Canada$154Mlast round Oct 2018
  5. 5Cyclic MaterialsCyclic Materials is a cleantech company based in Kingston, Ontario, Canada, with a significant presence in Toronto.

    Cyclic Materials is a cleantech company based in Kingston, Ontario, Canada, with a significant presence in Toronto.

    Founded 2021Toronto, Canada$150Mlast round Aug 2026
  6. 6ecobeeEcobee is a provider of Wi-Fi enabled smart thermostats for residential and commercial applications.

    Ecobee is a provider of Wi-Fi enabled smart thermostats for residential and commercial applications.

    Founded 2007Toronto, Canada$148Mlast round May 2018
  7. 7Kanin EnergyKanin Energy is a clean technology developer founded in 2020, focused on industrial decarbonization.

    Kanin Energy is a clean technology developer founded in 2020, focused on industrial decarbonization.

    Founded 2020Calgary, Canada$100Mlast round Sept 2026
  8. 8EavorFounded -Canada$82Mlast round Jul 2026
  9. 9Ram PowerRam Power is a renewable energy company engaged in the acquisition, development and operation of geothermal properties.

    Ram Power is a renewable energy company engaged in the acquisition, development and operation of geothermal properties.

    Founded 1984Reno, Canada$77Mlast round Dec 2009
  10. 10Terrestrial EnergyTerrestrial Energy is a developer of a reactor power plant technology to provide carbon-free energy for the global industry.

    Terrestrial Energy is a developer of a reactor power plant technology to provide carbon-free energy for the global industry.

    Founded 2013Oakville, Canada$76Mlast round Oct 2025
  11. 11InocucorFounded -Canada$70Mlast round Apr 2018
  12. 12OstaraFounded -Canada$57Mlast round Jan 2019
  13. 13SkyPowerSkyPower is a developer and owner of solar energy projects.

    SkyPower is a developer and owner of solar energy projects.

    Founded 2003Toronto, Canada$50Mlast round Nov 2009
  14. 14LoraxianLoraxian is a construction company that develops renewable energy infrastructures for municipalities, industrial and commercial sectors.

    Loraxian is a construction company that develops renewable energy infrastructures for municipalities, industrial and commercial sectors.

    Founded 2014Oakville, Canada$50Mlast round Nov 2017
  15. 15Morgan SolarMorgan Solar is a provider of low-cost solar power applications.

    Morgan Solar is a provider of low-cost solar power applications.

    Founded 2007Toronto, Canada$48Mlast round Jul 2016
  16. 16Torngat MetalsTorngat Metals provides separated rare earth oxides based on its mine feed and recycled feeds, such as end of life magnets and motors.

    Torngat Metals provides separated rare earth oxides based on its mine feed and recycled feeds, such as end of life magnets and motors.

    Founded 2015Montreal, Canada$43Mlast round Apr 2026
  17. 17SWTCHSWTCH Energy Inc.

    SWTCH Energy Inc.

    Founded 2016Toronto, Canada$32Mlast round Jul 2025
  18. 18e-Zince-Zinc is an energy storage company based in Toronto, Canada, focused on developing zinc-based long-duration energy storage solutions.

    e-Zinc is an energy storage company based in Toronto, Canada, focused on developing zinc-based long-duration energy storage solutions.

    Founded 2013Toronto, Canada$31Mlast round Jun 2024
  19. 19PolystyvertPolystyvert est une entreprise montréalaise du secteur des technologies propres qui révolutionne le monde du recyclage des plastiques en mettant en place une éc

    Polystyvert est une entreprise montréalaise du secteur des technologies propres qui révolutionne le monde du recyclage des plastiques en mettant en place une éc

    Founded 2011Anjou, Canada$29Mlast round Jul 2024
  20. 20InventysFounded -Canada$26Mlast round Jun 2019
  21. 21SPARK MicrosystemsSPARK Microsystems is a Canadian fabless semiconductor company based in Montreal, Quebec.

    SPARK Microsystems is a Canadian fabless semiconductor company based in Montreal, Quebec.

    Founded 2016Montreal, Canada$25Mlast round May 2026
  22. 22ParityFounded -Canada$23Mlast round Sept 2024
  23. 23Axine Water TechnologiesAxine Water Technologies is a leader in electrochemical oxidation technology for industrial wastewater treatment, focusing on the effective destruction of persi

    Axine Water Technologies is a leader in electrochemical oxidation technology for industrial wastewater treatment, focusing on the effective destruction of persi

    Founded 2010Vancouver, Canada$21Mlast round Nov 2024
  24. 24Peak PowerPeak Power is an energy services company based in Berlin that specializes in managing flexible energy assets.

    Peak Power is an energy services company based in Berlin that specializes in managing flexible energy assets.

    Founded 2022Berlin, Canada$20Mlast round May 2023
  25. 25CarboNetCarboNet is a specialty chemical company that develops proprietary blends of polymer and surfactant nanoparticles

    CarboNet is a specialty chemical company that develops proprietary blends of polymer and surfactant nanoparticles

    Founded 2016Vancouver, Canada$20Mlast round Feb 2022
  26. 26Atlas SaltAtlas salt is a salt mining company.

    Atlas salt is a salt mining company.

    Founded -St. John's, Canada$17Mlast round May 2026
  27. 27TaxelcoTaxelco is the largest taxi dispatcher and traditional taxi company in Quebec and Canada, based in Montréal.

    Taxelco is the largest taxi dispatcher and traditional taxi company in Quebec and Canada, based in Montréal.

    Founded 2014Montreal, Canada$17Mlast round Feb 2018
  28. 28BluWave-aiBluWave-ai is a Canadian clean-tech company based in Ottawa, Ontario, focused on artificial intelligence solutions for the energy sector.

    BluWave-ai is a Canadian clean-tech company based in Ottawa, Ontario, focused on artificial intelligence solutions for the energy sector.

    Founded 2017Ottawa, Canada$16Mlast round Nov 2026
  29. 29CURACURA is a climatetech startup building breakthrough electrochemical technology to decarbonize one of the world's hardest-to-abate sectors: cement.

    CURA is a climatetech startup building breakthrough electrochemical technology to decarbonize one of the world's hardest-to-abate sectors: cement.

    Founded 2025Calgary, Canada$14Mlast round Sept 2026
  30. 30Sparq SystemsSparq Systems designs and manufactures micro-inverters for the residential solar market.

    Sparq Systems designs and manufactures micro-inverters for the residential solar market.

    Founded 2009Kingston, Canada$14Mlast round Oct 2014
  31. 31VoltaiVoltai is a cleantech company based in Nova Scotia, Canada, specializing in motion-powered generators that convert wave and vibration energy into clean electricity.

    Voltai is a cleantech company based in Nova Scotia, Canada, specializing in motion-powered generators that convert wave and vibration energy into clean electricity.

    Founded 2022Halifax, Canada$13Mlast round Apr 2026
  32. 32Performance PlantsPerformance Plants Inc.

    Performance Plants Inc.

    Founded 1995Kingston, Canada$13Mlast round Jul 2008
  33. 33Ballard Power SystemsBallard Power Systems Inc., is a world leader in the development, manufacture, sale and servicing of hydrogen fuel cell power systems.

    Ballard Power Systems Inc., is a world leader in the development, manufacture, sale and servicing of hydrogen fuel cell power systems.

    Founded 1979Burnaby, Canada$13Mlast round Aug 2012
  34. 34Nunavut Nunkiksautiit CorporationNunavut Nunkiksautiit seeks to create jobs, local revenue in communities, and build local capacity within the renewable energy sector.

    Nunavut Nunkiksautiit seeks to create jobs, local revenue in communities, and build local capacity within the renewable energy sector.

    Founded -Iqaluit, Canada$10Mlast round Jun 2026
  35. 35CURA ClimateFounded -Canada$10Mlast round Sept 2026
  36. 36Northstar Clean TechnologiesNorthstar Clean Technologies focuses on the recovery and reprocessing of single-use asphalt shingles.

    Northstar Clean Technologies focuses on the recovery and reprocessing of single-use asphalt shingles.

    Founded 2017Delta, Canada$9.7Mlast round Mar 2026
  37. 37Day4 EnergyDay4 Energy is a growing, global brand delivering innovative photovoltaic (PV) technologies, products, services and manufacturing solutions.

    Day4 Energy is a growing, global brand delivering innovative photovoltaic (PV) technologies, products, services and manufacturing solutions.

    Founded 2001Burnaby, Canada$9.3Mlast round Jan 2007
  38. 38Oneka TechnologiesWave-Powered Sustainable Desalination Solutions for Coastal Communities and Industries facing Water Scarcity

    Wave-Powered Sustainable Desalination Solutions for Coastal Communities and Industries facing Water Scarcity

    Founded 2015Sherbrooke, Canada$9.3Mlast round Sept 2023
  39. 39CRAiLARNaturally Advanced Technologies, a cleantech company, provides textile, composite and pulping solutions using hemp and other bast fibers.

    Naturally Advanced Technologies, a cleantech company, provides textile, composite and pulping solutions using hemp and other bast fibers.

    Founded 1998Canada$8.7Mlast round Dec 2013
  40. 40SolarGreenSolargreen is a solatube dealer that offers solar solutions for residential and commercial needs.

    Solargreen is a solatube dealer that offers solar solutions for residential and commercial needs.

    Founded 2019Englewood, Canada$7.7Mlast round Jan 2013
  41. 41HydrogenicsSHIFT POWER │ ENERGIZE YOUR WORLD Hydrogenics, a Cummins company, is an industry leader in designing, manufacturing, building and installing industrial and comm

    SHIFT POWER │ ENERGIZE YOUR WORLD Hydrogenics, a Cummins company, is an industry leader in designing, manufacturing, building and installing industrial and comm

    Founded 1995Mississauga, Canada$7.5Mlast round May 2015
  42. 42Alberta InnovatesAlberta Innovates is a research and innovation agency that provides funding and commercialization services.

    Alberta Innovates is a research and innovation agency that provides funding and commercialization services.

    Founded 2016Edmonton, Canada$7.3Mlast round Jul 2024
  43. 43SofdeskSofdesk offers web application solutions for solar installation, roofing, and insurance companies.

    Sofdesk offers web application solutions for solar installation, roofing, and insurance companies.

    Founded 2013Montreal, Canada$5.7Mlast round Oct 2019
  44. 44Inventys Thermal TechnologiesFounded -Canada$5.0Mlast round Feb 2019
  45. 45INGUINGU Solutions Inc., based in Calgary, Alberta, with an operational hub in Houston, Texas, is a technology company specializing in pipeline integrity management.

    INGU Solutions Inc., based in Calgary, Alberta, with an operational hub in Houston, Texas, is a technology company specializing in pipeline integrity management.

    Founded 2014Calgary, Canada$4.8Mlast round Oct 2019
  46. 46HAVEN IAQHAVEN IAQ is a technology company based in Vancouver, focused on improving indoor air quality (IAQ) for homes with central-forced air systems.

    HAVEN IAQ is a technology company based in Vancouver, focused on improving indoor air quality (IAQ) for homes with central-forced air systems.

    Founded 2013Vancouver, Canada$4.0Mlast round Mar 2021
  47. 47E2metrixE2metrix develops and commercializes wastewater and recirculated water systems to remove targeted contaminants for a variety of industries,

    E2metrix develops and commercializes wastewater and recirculated water systems to remove targeted contaminants for a variety of industries,

    Founded 2011Sherbrooke, Canada$3.9Mlast round Sept 2020
  48. 48Fex EnergyFeX Energy is a Montreal-based clean technology startup founded in 2023, emerging from over 15 years of research.

    FeX Energy is a Montreal-based clean technology startup founded in 2023, emerging from over 15 years of research.

    Founded 2023Montreal, Canada$3.5Mlast round Sept 2025
  49. 49Hydrogen OptimizedHydrogen Optimized develops and commercializes innovative large-scale Green Hydrogen production systems targeted to high-growth markets.

    Hydrogen Optimized develops and commercializes innovative large-scale Green Hydrogen production systems targeted to high-growth markets.

    Founded 2017Owen Sound, Canada$3.5Mlast round Sept 2023
  50. 50Neurio TechnologyNeurio Technology operates as a home intelligence technology company that develops hardware and software solutions for utilities.

    Neurio Technology operates as a home intelligence technology company that develops hardware and software solutions for utilities.

    Founded 2005Vancouver, Canada$3.3Mlast round May 2015
Total fundinghow the list is ranked
15 November 2026updated nightly
Rounds we tracksource: Millionrounds

Companies whose funding rounds we classed in this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

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