Top list · Canada

Energy startups in Canada

103 energy startups in Canada have raised money in rounds we track. These are the 50 that have raised the most, $6.1B between them, with Calgary the most common home.

$6.1Braised by these 50
103on our record in all
Calgarymost common home
Aypa Powerraised the most
  1. 1Aypa PowerAypa Power builds, owns, and manages large-scale renewable energy projects to enhance grid stability and reduce dependency on fossil fuels.

    Aypa Power builds, owns, and manages large-scale renewable energy projects to enhance grid stability and reduce dependency on fossil fuels.

    Founded -Toronto, Canada$2.0Blast round Mar 2026
  2. 2Cordelio PowerCordelio Power is a power producer that is involved in the development, ownership and management of an array of renewable power facilities.

    Cordelio Power is a power producer that is involved in the development, ownership and management of an array of renewable power facilities.

    Founded 2018Toronto, Canada$548Mlast round Nov 2025
  3. 3CSV Midstream SolutionsDevelopment of natural gas and liquids infrastructure

    Development of natural gas and liquids infrastructure

    Founded 2014Calgary, Canada$500Mlast round May 2014
  4. 4Hammerhead ResourcesHammerhead Resources is a growth-oriented private company with its corporate headquarters in Calgary, Alberta.

    Hammerhead Resources is a growth-oriented private company with its corporate headquarters in Calgary, Alberta.

    Founded 2010Calgary, Canada$328Mlast round Oct 2023
  5. 5TRIUMFCanada’s national laboratory for particle and nuclear physics and accelerator-based science.

    Canada’s national laboratory for particle and nuclear physics and accelerator-based science.

    Founded 1970Vancouver, Canada$290Mlast round Apr 2024
  6. 6Pipestone EnergyPipestone Energy Corp is an oil & gas exploration & production company that aims the exploration of condensate-rich Montney assets.

    Pipestone Energy Corp is an oil & gas exploration & production company that aims the exploration of condensate-rich Montney assets.

    Founded 2019Calgary, Canada$280Mlast round Oct 2021
  7. 7G Mining Ventures Corp.G Mining Ventures is a mineral exploration company conducting exploration and development projects.

    G Mining Ventures is a mineral exploration company conducting exploration and development projects.

    Founded 2020Brossard, Canada$278Mlast round Oct 2025
  8. 8General 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
  9. 9Lucero EnergyLucero Energy is an oil company that focuses on the acquisition, development, and production of oil-weighted assets.

    Lucero Energy is an oil company that focuses on the acquisition, development, and production of oil-weighted assets.

    Founded 1994Calgary, Canada$180Mlast round Jun 2022
  10. 10Black Swan EnergyBlack Swan Energy is an oil and gas exploration and production company operating in the Western Canadian Sedimentary Basin.

    Black Swan Energy is an oil and gas exploration and production company operating in the Western Canadian Sedimentary Basin.

    Founded 2011Calgary, Canada$150Mlast round Dec 2013
  11. 11PowerLatticeFounded -Canada$111Mlast round Oct 2026
  12. 12Mangrove LithiumDevelops a platform for the most cost-effective production of battery grade lithium hydroxide from diverse input streams and assets.

    Develops a platform for the most cost-effective production of battery grade lithium hydroxide from diverse input streams and assets.

    Founded 2017Delta, Canada$101Mlast round Apr 2026
  13. 13Kanin 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
  14. 14WorldEnergy GH2WorldEnergy GH2 operates as a renewable energy company.

    WorldEnergy GH2 operates as a renewable energy company.

    Founded 2022St. John's, Canada$94Mlast round Feb 2024
  15. 15The Metals CompanyThe Metals Company provides battery-powered shifts to clean energy and electric vehicles.

    The Metals Company provides battery-powered shifts to clean energy and electric vehicles.

    Founded 2011Vancouver, Canada$85Mlast round Jun 2025
  16. 16EavorFounded -Canada$82Mlast round Jul 2026
  17. 17KineticorKineticor is an energy infrastructure company based in Calgary, Alberta, specializing in the development, ownership, and operation of power generation facilitie

    Kineticor is an energy infrastructure company based in Calgary, Alberta, specializing in the development, ownership, and operation of power generation facilitie

    Founded 2013Calgary, Canada$80Mlast round Aug 2015
  18. 18Cardinal EnergyCardinal Energy is an oil production company that offers low decline light, medium, and heavy quality oil in Western Canada.

    Cardinal Energy is an oil production company that offers low decline light, medium, and heavy quality oil in Western Canada.

    Founded 2010Calgary, Canada$77Mlast round Jan 2026
  19. 19GeologicAIGeologicAI is a leader in geoscience data acquisition and resource modeling, founded in 2013 in Calgary, Alberta.

    GeologicAI is a leader in geoscience data acquisition and resource modeling, founded in 2013 in Calgary, Alberta.

    Founded 2013Calgary, Canada$44Mlast round Jul 2025
  20. 20Nexus RenewablesNexus Renewables is a developer, owner, and operator of renewable energy focusing on energy storage.

    Nexus Renewables is a developer, owner, and operator of renewable energy focusing on energy storage.

    Founded 2020Toronto, Canada$39Mlast round Jun 2023
  21. 21HydrostorHydrostor is a Canadian energy storage company based in Toronto, founded in 2010.

    Hydrostor is a Canadian energy storage company based in Toronto, founded in 2010.

    Founded 2010Toronto, Canada$37Mlast round Feb 2026
  22. 22UgoWorkUgoWork, also known as Ingeniarts Technologies Inc., is a Canadian technology company based in Quebec City, specializing in lithium-ion battery solutions and in

    UgoWork, also known as Ingeniarts Technologies Inc., is a Canadian technology company based in Quebec City, specializing in lithium-ion battery solutions and in

    Founded 2015Quebec, Canada$26Mlast round Jul 2024
  23. 23Gladiator MetalsGladiator Metals engages in the acquisition, development, and operation of mineral property.

    Gladiator Metals engages in the acquisition, development, and operation of mineral property.

    Founded -Vancouver, Canada$25Mlast round Jun 2026
  24. 24LxDATALxDATA creates reliable photonic solutions that help reservoir and production engineering teams acquire critical sub-surface data.

    LxDATA creates reliable photonic solutions that help reservoir and production engineering teams acquire critical sub-surface data.

    Founded 2001Canada$24Mlast round Oct 2008
  25. 25ParityFounded -Canada$23Mlast round Sept 2024
  26. 26FORGE HydrocarbonsFORGE Hydrocarbons is a Canadian renewable energy company founded in 2012, originating as a spin-off from the University of Alberta.

    FORGE Hydrocarbons is a Canadian renewable energy company founded in 2012, originating as a spin-off from the University of Alberta.

    Founded 2012Oakville, Canada$23Mlast round Feb 2020
  27. 27Pieridae EnergyPieridae Energy produces natural gas solutions.

    Pieridae Energy produces natural gas solutions.

    Founded 2011Calgary, Canada$22Mlast round Aug 2024
  28. 28Electra Battery MaterialsElectra Battery Materials develops and produces battery-grade materials for the electric vehicle (EV) and energy storage industries.

    Electra Battery Materials develops and produces battery-grade materials for the electric vehicle (EV) and energy storage industries.

    Founded 2017Toronto, Canada$20Mlast round May 2026
  29. 29Touchstone ExplorationTouchstone Exploration is an upstream oil and gas company focused on exploration and development of its oil and gas properties.

    Touchstone Exploration is an upstream oil and gas company focused on exploration and development of its oil and gas properties.

    Founded 2010Calgary, Canada$19Mlast round Jun 2026
  30. 30CruxOCMCruxOCM, based in Calgary, Alberta, is a prominent provider of industrial automation software solutions, focusing on the midstream energy sector.

    CruxOCM, based in Calgary, Alberta, is a prominent provider of industrial automation software solutions, focusing on the midstream energy sector.

    Founded 2017Calgary, Canada$17Mlast round Aug 2024
  31. 31BluWave-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
  32. 32Westgen TechnologiesWestgen is a remote power generation company that reduces development costs while improving environmental sustainability.

    Westgen is a remote power generation company that reduces development costs while improving environmental sustainability.

    Founded 2019Calgary, Canada$16Mlast round Jun 2022
  33. 33Laricina EnergySince its founding in late 2005, privately-held Laricina has advanced two grassroots oil sands exploration plays through the technical

    Since its founding in late 2005, privately-held Laricina has advanced two grassroots oil sands exploration plays through the technical

    Founded 2005Calgary, Canada$15Mlast round Mar 2014
  34. 34Energy Safety CanadaEnergy Safety Canada is a oil and gas energy company located in Calgary.

    Energy Safety Canada is a oil and gas energy company located in Calgary.

    Founded 2017Calgary, Canada$15Mlast round Sept 2023
  35. 35Fusion Fuel CyclesFusion Fuel Cycles is a provider of fuel cycle technologies that supplies end-to-end solutions to deliver performance-driven fuel cycle.

    Fusion Fuel Cycles is a provider of fuel cycle technologies that supplies end-to-end solutions to deliver performance-driven fuel cycle.

    Founded -Chalk River, Canada$15Mlast round Sept 2025
  36. 36HydroGraph Clean PowerHydroGraph Clean Power is engaged in developing & commercializing a disruptive patented technology for the production of graphene, hydrogen.

    HydroGraph Clean Power is engaged in developing & commercializing a disruptive patented technology for the production of graphene, hydrogen.

    Founded -Vancouver, Canada$14Mlast round Nov 2025
  37. 37Energy 51A Calgary, Alberta-based oil and gas exploration company

    A Calgary, Alberta-based oil and gas exploration company

    Founded -Canada$14Mlast round May 2005
  38. 38Cold Bore TechnologyCold Bore Technology is a privately held company based in Calgary, Alberta, specializing in well completions automation, data management, and analytics for the

    Cold Bore Technology is a privately held company based in Calgary, Alberta, specializing in well completions automation, data management, and analytics for the

    Founded 2013Calgary, Canada$14Mlast round Jul 2021
  39. 39EverGen InfrastructureEverGen acquire, develop, build, own and operate a portfolio of Renewable Natural Gas, waste to energy, and related infrastructure projects.

    EverGen acquire, develop, build, own and operate a portfolio of Renewable Natural Gas, waste to energy, and related infrastructure projects.

    Founded 2020Vancouver, Canada$13Mlast round Jan 2026
  40. 40Black Rock Tidal PowerBlack Rock Tidal Power is a privately-owned company offering tailor-made tidal energy converter systems

    Black Rock Tidal Power is a privately-owned company offering tailor-made tidal energy converter systems

    Founded 2013Bedford, Canada$11Mlast round Nov 2015
  41. 41SmartD TechnologiesSmartD Technologies is a Montreal-based power electronics company founded in 2018.

    SmartD Technologies is a Montreal-based power electronics company founded in 2018.

    Founded 2018Montreal, Canada$10Mlast round Apr 2024
  42. 42Solar Flow-ThroughSolar Flow-Through develops and operates solar PV power generation projects in Ontario, Canada.

    Solar Flow-Through develops and operates solar PV power generation projects in Ontario, Canada.

    Founded 2012Canada$10Mlast round Oct 2013
  43. 43ACEL PowerACEL Power is a clean-tech company based in Vancouver, Canada, specializing in electric outboard propulsion systems for the marine industry.

    ACEL Power is a clean-tech company based in Vancouver, Canada, specializing in electric outboard propulsion systems for the marine industry.

    Founded -Vancouver, Canada$10Mlast round Jul 2024
  44. 44Li-CycleLi-Cycle is a clean technology company that uses an environmentally friendly process to recycle lithium-ion batteries.

    Li-Cycle is a clean technology company that uses an environmentally friendly process to recycle lithium-ion batteries.

    Founded 2016Mississauga, Canada$7.5Mlast round May 2025
  45. 45EnPoweredEnPowered helps businesses control their energy usage and costs.

    EnPowered helps businesses control their energy usage and costs.

    Founded 2015Waterloo, Canada$7.4Mlast round Sept 2021
  46. 46Soma EnergySoma Energy is an energy intelligence company based in Vancouver that leverages AI to enhance energy generation, storage, procurement, and consumption in real time.

    Soma Energy is an energy intelligence company based in Vancouver that leverages AI to enhance energy generation, storage, procurement, and consumption in real time.

    Founded -Newport Beach, Canada$7.0Mlast round Apr 2026
  47. 47CelluFuelCelluFuel Inc.

    CelluFuel Inc.

    Founded 2012Halifax, Canada$7.0Mlast round Aug 2019
  48. 48Clean Resource Innovation NetworkClean Resource Innovation Network produces clean hydrocarbons from source to end use.

    Clean Resource Innovation Network produces clean hydrocarbons from source to end use.

    Founded 2017Calgary, Canada$6.9Mlast round Mar 2025
  49. 49Nevada Lithium ResourcesNevada Lithium Resources is a mining company that provides acquisition, exploration, and development services for lithium resources.

    Nevada Lithium Resources is a mining company that provides acquisition, exploration, and development services for lithium resources.

    Founded 2020Vancouver, Canada$6.2Mlast round Jun 2023
  50. 506N Silicon6N Silicon, Inc.

    6N Silicon, Inc.

    Founded 2006Canada$5.7Mlast round Jul 2007
Total fundinghow the list is ranked
15 November 2026updated nightly
Rounds we tracksource: Millionrounds

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

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Open any company for its rounds and investors, or search the investors who back energy startups in Canada in the app, with filters, lists and exports.

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