Canadian CleanTech / Energy Investors

ACET Capital

Sherbrooke, QC

Two venture funds run by ACET at the Universite de Sherbrooke, backed by Investissement Quebec and National Bank; more than 65 million dollars deploye

Active Impact Investments

Vancouver, BC

Seed stage climate tech VC in clean energy & transportation, infrastructure & carbon solutions, sustainable food & water, circular economy.

Alberta Enterprise Corporation

Edmonton, AB

Government of Alberta agency promoting knowledge-based industries and VC in Alberta. Committed $415M to 39 VC funds.

Altitude Angels

Brampton, Ontario

Altitude Angels brings together high-net-worth individuals who support high-potential technology founders by providing capital, mentorship, and networ

Amiral Ventures

Montréal, Québec

Enterprise AI solutions driving enterprise productivity, resilience, and sustainability.

Amplify Capital

Toronto, Ontario

Early-stage impact venture fund focused on transformational technology in Climate and Health solutions.

Apex Innovative Investments Ventures Ltd.

Toronto, ON

Toronto-based $35MM venture capital fund founded in 2022 investing in early-stage startups across AI, fintech, SaaS, healthcare, and cleantech across

ArcTern Ventures

Toronto, ON

Toronto-based VC investing globally in breakthrough clean technology growth companies addressing climate change. Fund III closed at $450M CAD. Selecte

Balance-sheet corporate venture arm of ATCO (established 2024) investing in energy solutions, modular construction, AI and data, and field-operations

Avatar Ventures

Calgary, AB

Corporate venture fund tied to the Avatar Innovations studio and anchored by Cenovus, Suncor, TC Energy, and Enbridge, investing in oil and gas decarb

BDC Climate Tech Fund

Canada

BDC's Climate Tech Fund vehicles — Fund I ($600M, 2018, fully committed across ~50 companies) and Fund II ($400M, 2022), $1B total. Invests roughly $2

BDC Climate Tech Practice

Canada

BDC Capital's Climate Tech Practice — the team investing in Canadian climate technology since 2018, deploying through its Climate Tech Fund I and II (

BDC Financing

Canada

BDC's debt financing arm providing loans to Canadian businesses across all stages. Over $9.7B in annual loan acceptances across 123+ business centres

BDC Sustainability Venture Fund

Canada

A $150M BDC fund investing in early-stage businesses developing software and asset-light technologies for a net-zero economy, aligned with UN SDGs. Eq

Brookfield Asset Management

Toronto, ON

One of the world's largest alternative asset managers headquartered in Toronto. Invests in technology-enabled growth companies through Brookfield Grow

Canadian Business Growth Fund (CBGF)

Toronto, ON

Provides capital to entrepreneurs to fund growth and expansion of mid-market businesses.

Capital Angel Network

Ottawa, Ontario

The largest network of early stage investors in Ottawa, Gatineau, and Kanata. A leading Canadian angel group focused on lifting the region's entrepren

Caterpillar Ventures

Irving, Texas, USA

Caterpillar Ventures is the corporate venture arm of Caterpillar, founded in 2015. It makes strategic equity investments in startups in energy, digita

Chrysalix Venture Capital

Vancouver, BC

Experienced industrial sustainability investor with 20+ years in energy and industrial innovation. Fifth fund invests in early-stage technologies for

Clairvest Group Inc

Toronto, ON

Founded in 1987, top-performing private equity management firm with over C$4B in AUM, focused on owner-led growth-oriented businesses with a collabora

Climate Innovation Capital

Toronto, Ontario

Companies with proven, deployment-ready climate technologies with near-term profitability.

Cordiant Capital

Montreal, QC

Founded in 1999, specializes in infrastructure private equity and private debt. Manages approximately $3.4B in assets.

Cycle Capital Management

Montreal, QC

Leading private ClimateTech VC platform investing across North America, Europe and Asia in companies enabling net-zero transition, reducing GHG emissi

Deloitte Ventures

Toronto, Ontario

Invest in early-stage B2B enterprise software companies with clear product-market fit and strong Canadian angle.

Desjardins Capital

Montreal, QC

Private equity arm of Desjardins Group (Canada's largest cooperative financial group) since 1974. Provides venture and growth capital to Quebec busine

Diagram

Montréal, Québec

Venture studio and VC focused on launching transformative Fintech and ClimateTech companies.

Easly

Vancouver, BC

Connects Canadian businesses of all sizes and maturities, across all industries, to non-dilutive capital through debt financing against tax credits.

Ecofuel Fund

Montreal, QC

Government-anchored (Investissement Quebec, BDC, FTQ, Fondaction) cleantech seed fund investing directly in early-stage climate companies.

Emend Vision Fund

Victoria, BC

Technologies for Industrial Transformation and climate impact reduction in traditional sectors.

EnerTech Capital

Toronto, ON

Invests in early to growth-stage companies that offer products or services that dramatically improve the profitability of producing or consuming energ

ENGIE New Ventures

Paris, France

ENGIE New Ventures is ENGIE's corporate venture fund, set up in 2014, and it takes minority stakes in startups that are relevant to ENGIE's energy-tra

Direct-equity seed fund of the University of British Columbia investing 50,000 to 250,000 dollars into UBC-connected startups.

Equinor Ventures

Stavanger, Norway

Equinor's own news page describes Equinor Ventures as the corporate venture arm that invests in early-phase and growth companies. Its deals are equity

Evok Innovations

Vancouver, BC

Invest in exceptional entrepreneurs with innovative climate technologies in energy, critical minerals, industrial optimization.

Crown corporation with over B in investment capital. Invests in Canadian VC/PE funds and co-invests directly in export-oriented companies via the Inve

Fengate Private Equity

Toronto, ON

Investment management firm specializing in infrastructure and real estate, a subsidiary of Fengate Corporation operating since 1974.

First Nations Venture Capital of Quebec

Wendake, QC

Indigenous-focused venture fund anchored by the Quebec government; direct equity and loans of 500,000 to 7 million dollars into First Nations and Inui

Fondaction

Montreal, QC

Quebec labour-sponsored fund focused on responsible and sustainable investing. Partners with Fonds FTQ, Investissement Québec, and BDC to support Queb

Fonds de solidarité FTQ

Montreal, QC

Quebec's largest labour-sponsored venture capital fund with $20B+ in net assets. Provides venture and development capital to thousands of Quebec busin

Garage Capital

Kitchener, ON

Early-stage venture capital firm with 6 funds raised and 79 deals recorded, focused primarily in Ontario.

GM Ventures

Warren, Michigan, USA

GM Ventures is General Motors' venture capital arm, founded in 2010. It makes equity investments in startups working on technologies tied to GM's visi

Greensoil PropTech Ventures

Toronto, Ontario

Mission to digitize and decarbonize the built environment. Focus on real estate productivity and sustainability.

Hazelview Ventures

Toronto, ON

Venture capital business focused exclusively on partnering with innovative, early-stage PropTech, BuildTech and CleanTech companies.

Hercules Capital

Palo Alto, CA, USA

Largest non-bank venture debt lender globally with $10B+ portfolio. Active lender to Canadian tech and life sciences companies. Publicly traded (NYSE:

Horizon Technology Finance

Farmington, CT, USA

Non-bank venture lending company providing venture debt to VC-backed technology, life sciences, healthcare, and sustainability companies. Publicly tra

i4 Capital

Quebec City, QC

Quebec City deep-tech seed fund (about 40 million dollars toward a 60 million dollar target) via the Fonds Eureka mandate.

InBC Investment Corp

Vancouver, BC

A 500 million dollar strategic investment fund of the Government of British Columbia; invests directly in BC-tied companies and as a limited partner i

Innovacorp

Halifax, NS

Nova Scotia's early-stage venture capital organization. Provincial crown corporation building Atlantic Canada's innovation ecosystem.

Innovobot

Westmount, QC

Grows an innovation ecosystem transforming markets and propelling technology companies toward market leadership.

INP Capital

Vancouver, BC

Global deeptech and greentech companies reshaping legacy industries. Bridge between Canada and Asia-Pacific.

Independent alternative asset management firm (joint venture between Instar Group and AGF Management Limited), with 2 funds and 41 deals.

Invest Nova Scotia

Halifax, NS

Nova Scotia's early-stage venture capital organization (Innovacorp), targeting information technology, clean technology and life sciences.

Quebec provincial government's investment arm fostering economic development. Offers loans, loan guarantees, and equity investments, frequently co-inv

Ironbridge Equity Partners Management Limited

Toronto, ON

Private equity firm focused exclusively on the Canadian lower middle-market in traditional industries including manufacturing, distribution, consumer

Island Capital Partners

Charlottetown, PE

Early-stage venture capital fund based in PEI, with 1 fund raised and 26 deals recorded.

Kinterra Capital Corp

Toronto, ON

Invests in people, ideas, critical minerals, and strategic infrastructure necessary to accelerate the energy transition.

Longbow Capital

Calgary, Alberta

Energy, power, infrastructure, and technology. Energy Transition Fund II invests in tech benefiting from energy transition.

Manitoba First Fund

Winnipeg, MB

Province of Manitoba fund-of-funds committing to venture funds active in Manitoba.

MaRS Investment Accelerator Fund (IAF)

Toronto, ON

Bridges a critical gap in early-stage funding, catalyzing later-stage funding for promising technology companies across enterprise software, health te

Mavrik Corp

Montreal, QC

Single-family office of the Pathy family (Fednav, Mark Pathy) making direct co-investments plus fund commitments with a climate and impact tilt.

MKB

Montréal, Québec

Growth-stage companies accelerating energy transition across clean energy, transportation, built environment.

Nàdarra Ventures

Halifax, NS

Canada's only early-stage fund dedicated to sustainable agricultural biotechnology.

New Brunswick Innovation Foundation (NBIF)

Fredericton, NB

Evergreen pre-seed and seed VC backed by $100M fund. Invests in 1 of every 6 tech companies in New Brunswick.

NGIF Capital

Calgary, Alberta

Early-stage cleantech startups enhancing performance in natural gas value chain. Industry-backed model.

Nicola Wealth Management Ltd.

Vancouver, BC

Wealth planning and investing firm (family office) with active venture and private equity investments across Canada.

Pre-seed and seed-stage venture capital firm backing exceptional founders in the US and Canada.

A 2008-vintage Ontario government fund-of-funds managed by Northleaf, now in harvest.

Opportunity Calgary Investment Fund (OCIF)

Calgary, AB

Wholly-owned investment fund of the City of Calgary deploying milestone-based quasi-equity capital into scaling companies.

PaceZero Capital Partners

Toronto, ON

Sustainability-focused private debt firm executing credit investments in growth-stage technology companies.

PFM Capital Inc.

Regina, SK

Employee-owned investment management firm focused on private equity investment in Western Canada and Saskatchewan; managing PE and VC funds since 1993

PillarFour Capital Partners Inc.

Calgary, AB

Focused on investing in small and mid-cap oilfield service companies.

RBC Capital Partners

Toronto, Ontario

CVC and fund investment arm of RBC. Invest directly in Financial Services companies, opportunistic to other aligned sectors. $5-10MM typical.

RBCx

Toronto, ON

Backer of Canada's most daring innovators and idea generators; RBC's technology growth banking and venture arm.

Renewal Funds

Vancouver, BC

Climate technology startups improving sustainability and resilience of infrastructure, production and manufacturing.

Rio Tinto Ventures

London, United Kingdom

Rio Tinto set up a venture capital fund in 2021 to invest in technology and startups that help solve critical business challenges. Its earlier backing

Roynat Capital Inc.

Ottawa, ON

Member of the Scotiabank Group; Canada's leading merchant bank specializing in innovative long-term capital and business solutions for mid-sized compa

Early-stage venture investments at the intersection of innovation and integrity.

Shell Ventures

London, United Kingdom

Shell Ventures is Shell's corporate venture capital arm, set up in 1996. It makes minority investments in technology companies, joint ventures and ext

Simple Ventures

Toronto, ON

Venture studio that builds and funds companies from the ground up; 15 million dollars raised, with limited partners including TD, Sun Life, and Sobeys

Spring Impact Capital

Vancouver, BC

Founders of Canadian startups leading to a more sustainable, healthy, and equitable world.

SVG Ventures | THRIVE

Calgary, Alberta

Ground-breaking startups revolutionizing agrifood through technology-enabled solutions for climate, food security, sustainability.

Tall Grass Ventures

Calgary, AB

Western Canadian focused agtech seed fund with 1 fund and 27 deals recorded.

Start-up foundry and seed fund in AI, Computer Vision, IoT, Advanced Sensors, sustainability, and Advanced Materials.

TD Bank's full-service innovation banking platform launched in 2024, providing venture debt, banking, and financing solutions for technology companies

Teachers Venture Growth (TVG)

Toronto, ON

Late-stage venture and growth investing arm of the Ontario Teachers Pension Plan (established 2019); direct stakes plus select fund commitments.

Strategic investment arm in AgTech, Digital HealthTech, Connected Consumer, and Enterprise Platforms & IoT.

Teralys Capital

Montreal, QC

Canada's largest innovation-focused fund-of-funds investor. Backed by CDPQ, Fondaction, and government programs, with over $2.5B committed to 5 specia

The Atmospheric Fund (TAF)

Toronto, ON

City of Toronto climate investment fund (around 80 million dollar endowment) deploying subordinated and convertible debt and preferred shares directly

Toyota Ventures

San Francisco, California, USA

Toyota Ventures is Toyota's early-stage venture arm. In April 2024 it announced two new $150M funds, bringing total new capital to $300M, to invest in

TriWest Capital Partners

Calgary, AB

One of Canada's leading private equity firms with experience in service, manufacturing and distribution sectors.

Two Small Fish Ventures

Toronto, Ontario

Next frontier of computing: domain specific deep AI platforms, physical AI, AI infrastructure, advanced computing hardware, smart energy.

Two themes: AI & Analytics and Disruptive HardTech. Target companies with sustainable technological advantages.

Government of Ontario fund-of-funds (formerly Ontario Capital Growth Corporation) committing as a limited partner to Canadian venture funds rather tha

Volvo Group Venture Capital

Gothenburg, Sweden

Volvo Group's corporate venture arm, founded in 1997, invests globally in startups that are relevant to the group's businesses: trucks, construction e

Venture capital and private equity manager of Golden Opportunities Fund Inc. and First Nations and Métis Fund (FNMF), with 7 funds and 179 deals.

Wittington Ventures

Toronto, ON

Venture arm tied to the Weston family (Wittington Investments, Loblaw, George Weston, Shoppers); three pools including a 100 million dollar Canadian f

XPV Water Partners

Toronto, ON

Investment firm with a unique combination of water and investment expertise, focused on companies enabling efficient water use.

Yaletown Partners

Vancouver, BC

North America's Intelligent Industry through software, AI/ML, and IIoT. Digitalization, transformation, and sustainability.