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Canadian CleanTech / Energy Investors

73 funds

Canada has 73 active venture capital funds investing in cleantech and energy companies. These investors operate across the full funding spectrum, from seed-stage checks to growth capital, with check sizes ranging from under $1 million at early-stage funds to $2 million to $10 million for capital-intensive climate tech. Major institutional players like BDC's Cleantech Practice and Climate Tech Fund II alone represent $1 billion in committed capital focused on companies building direct emissions reduction technologies.

The investor base includes early-stage generalists like Active Impact Investments and Altitude Angels alongside specialized climate VCs like ArcTern Ventures (Fund III at $450 million CAD) and impact-focused funds such as Amplify Capital. These funds target distinct subsectors within cleantech: carbon capture and direct air removal, electrification, renewable energy, sustainable transportation, circular economy solutions, and clean water technologies. Geographic concentration is strongest in Toronto, Vancouver, and Montreal, though Alberta Enterprise Corporation demonstrates meaningful provincial commitment through its $415 million allocation to 39 VC funds.

For founders raising capital, this list helps identify which investors focus on your stage and sector, from pre-seed through Series B and growth rounds.

Active Impact Investments

Vancouver, BC
Seed

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

Cleantech

Alberta Enterprise Corporation

Edmonton, AB

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

Information TechnologyEnergy TechnologyLife SciencesClean Technology

Altitude Angels

Brampton, Ontario
Pre-SeedSeed

Altitude Angels brings together high-net-worth individuals who support high-potential technology founders by providing capital, mentorship, and network access. The group curates early-stage investment

ICTHealthTechEnergy & UtilitiesConsumer Products & Services

Amiral Ventures

Montréal, Québec
Early

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

AICleantechCybersecurityICT

Amplify Capital

Toronto, Ontario
Early

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

AICleantechHealthtech

Apex Innovative Investments Ventures Ltd.

Toronto, ON
SeedEarly

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

AIFinTechSaaSHealthcare

ArcTern Ventures

Toronto, ON
EarlyGrowth

Toronto-based VC investing globally in breakthrough clean technology growth companies addressing climate change. Fund III closed at $450M CAD. Selected by Canada VCCI cleantech stream.

Climate TechnologyClean TechnologySustainabilityEnergy Transition

BDC Cleantech Practice (Climate Tech Fund I)

Canada
SeedSeries ASeries B+Growth

A $600M BDC fund following a federal budget commitment. Flexible, multistage and patient capital approach for cleantech entrepreneurs. Portfolio of 50 companies. For every $1 BDC committed, $7.3 was r

CleantechClimate TechRenewable EnergyClean Transportation

BDC Climate Tech Fund II

Canada
Series ASeries B+Growth

A $400M BDC fund focused on capital-intensive, asset-heavy climate tech companies. Typical deals range $2M-$10M. Targets companies building technologies with direct material GHG emission reduction pot

Climate TechCarbon CaptureElectrificationHydrogen

BDC Financing

Canada
PE / DebtGrowth

BDC's debt financing arm providing loans to Canadian businesses across all stages. Over $9.7B in annual loan acceptances across 123+ business centres serving 60,000+ clients. Products include tech com

TechnologyClean EnergyHealthcareManufacturing

BDC Sustainability Venture Fund

Canada
SeedSeries ASeries B+

A $150M BDC fund investing in early-stage businesses developing software and asset-light technologies for a net-zero economy, aligned with UN SDGs. Equity investments up to $15M per company across app

Sustainability SoftwareClimate Action TechClean Energy SoftwareSustainable Communities

Brookfield Asset Management

Toronto, ON
GrowthPE / Debt

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

InfrastructureIndustrialsBusiness ServicesTechnology

Canadian Business Growth Fund (CBGF)

Toronto, ON
PE / Debt

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

Internet Software & ServicesSoftwareBusiness Products & ServicesEnvironmental

Capital Angel Network

Ottawa, Ontario
Pre-SeedSeed

The largest network of early stage investors in Ottawa, Gatineau, and Kanata. A leading Canadian angel group focused on lifting the region's entrepreneurial potential and facilitating access to qualit

SoftwareHardwareClean TechAgTech

Chrysalix Venture Capital

Vancouver, BC
Early

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

Industrial SustainabilityCarbon NeutralityEnergyMining

Clairvest Group Inc

Toronto, ON
PE / Debt

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

Industrial & ManufacturingLeisureEnvironmentalUtilities

Climate Innovation Capital

Toronto, Ontario
Growth

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

AgtechCleantech

Cordiant Capital

Montreal, QC
PE / Debt

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

Energy InfrastructureDigital InfrastructureAgriculture

Cycle Capital Management

Montreal, QC
SeedSeries ASeries B+EarlyGrowth

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

CleanTechEnvironmentalAgribusinessInternet Software & Services

Deloitte Ventures

Toronto, Ontario
Early

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

AICleantechCybersecurityFintech

Desjardins Capital

Montreal, QC
GrowthPE / Debt

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

TechnologyManufacturingRetailServices

Diagram

Montréal, Québec
Early

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

AICleantechFintech

Easly

Vancouver, BC
PE / Debt

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

Internet Software & ServicesHealthcare/Life SciencesIndustrial & ManufacturingEnergy & Power

Emend Vision Fund

Victoria, BC
SeedEarly

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

AgtechCleantechCybersecurityIoT

EnerTech Capital

Toronto, ON
EarlyGrowth

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

Energy & PowerCleanTech

Evok Innovations

Vancouver, BC
Series A

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

AICleantech

Export Development Canada (EDC)

Ottawa, ON
Growth

Crown corporation with over B in investment capital. Invests in Canadian VC/PE funds and co-invests directly in export-oriented companies via the Investment Matching Program (M-M, minority stakes up

CleantechDigital IndustriesAdvanced ManufacturingAgri-food

Fengate Private Equity

Toronto, ON
PE / Debt

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

InfrastructureReal EstateCleanTechHealthcare/Life Sciences

Fondaction

Montreal, QC
Growth

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

Clean TechnologySocial EconomySustainable DevelopmentManufacturing

Fonds de solidarité FTQ

Montreal, QC
Growth

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

TechnologyManufacturingReal EstateClean Energy

Garage Capital

Kitchener, ON
Pre-SeedSeedSeries A

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

Internet Software & ServicesHealthcare/Life SciencesSoftwareCleanTech

Greensoil PropTech Ventures

Toronto, Ontario
Early

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

AgtechCleantechProptech

Hazelview Ventures

Toronto, ON
SeedSeries A

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

PropTechBuildTechCleanTech

Hercules Capital

Palo Alto, CA, USA
PE / DebtGrowth

Largest non-bank venture debt lender globally with $10B+ portfolio. Active lender to Canadian tech and life sciences companies. Publicly traded (NYSE: HTGC). Provides venture debt from $5M-$200M+.

TechnologyLife SciencesSaaSSustainable & Renewable Tech

Horizon Technology Finance

Farmington, CT, USA
PE / DebtGrowth

Non-bank venture lending company providing venture debt to VC-backed technology, life sciences, healthcare, and sustainability companies. Publicly traded (NASDAQ: HRZN). Active in the North American m

TechnologyLife SciencesHealthcareSustainability

Innovacorp

Halifax, NS
SeedEarly

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

TechnologyLife SciencesClean TechnologyOcean Technology

Innovobot

Westmount, QC
SeedSeries APre-Seed

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

CleanTechHealthcare/Life SciencesMediaAgribusiness

INP Capital

Vancouver, BC
Early

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

AgtechAICleantechFintech

Instar Asset Management Inc.

Toronto, ON
PE / Debt

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

Energy & PowerAgribusinessAutomotive & TransportationForestry

Invest Nova Scotia

Halifax, NS
SeedSeries APre-Seed

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

Information TechnologyCleanTechHealthcare/Life Sciences

Investissement Québec

Quebec City, QC
Growth

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

TechnologyAerospaceLife SciencesClean Technology

Ironbridge Equity Partners Management Limited

Toronto, ON
PE / Debt

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

Industrial & ManufacturingBusiness Products & ServicesFood & BeveragesEnergy & Power

Island Capital Partners

Charlottetown, PE
SeedPre-Seed

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

Internet Software & ServicesSoftwareConsumer Products & ServicesEnvironmental

Kinterra Capital Corp

Toronto, ON
PE / Debt

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

Critical MineralsEnergy TransitionInfrastructure

Longbow Capital

Calgary, Alberta
Growth

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

Energy/Power/Infrastructure

MaRS Investment Accelerator Fund (IAF)

Toronto, ON
SeedPre-SeedSeries ASeries B+

Bridges a critical gap in early-stage funding, catalyzing later-stage funding for promising technology companies across enterprise software, health tech, clean tech and deep tech.

Enterprise SoftwareHealth TechCleanTechDeepTech

MKB

Montréal, Québec
Growth

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

CleantechTransportationBuilt Environment

Nàdarra Ventures

Halifax, NS
Seed

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

AgtechCleantechLife Sciences

New Brunswick Innovation Foundation (NBIF)

Fredericton, NB
Pre-SeedSeed

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

TechnologyApplied ResearchSustainability

NGIF Capital

Calgary, Alberta
SeedSeries B+

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

AgtechAICleantechFintech

Nicola Wealth Management Ltd.

Vancouver, BC
Series ASeries B+Growth

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

Internet Software & ServicesSoftwareCleanTechElectronic & Semiconductor

Northside Ventures

Toronto, ON
Pre-SeedSeedSeries A

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

Internet Software & ServicesEnvironmentalMobile & Telecommunications

PaceZero Capital Partners

Toronto, ON
PE / DebtGrowth

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

EnvironmentalSoftwareInternet Software & ServicesCleanTech

PFM Capital Inc.

Regina, SK
PE / DebtMulti-StageSeed

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

Energy & PowerReal EstateIndustrial & ManufacturingInternet Software & Services

PillarFour Capital Partners Inc.

Calgary, AB
PE / Debt

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

Industrial & ManufacturingEnergy & PowerEnvironmental

RBC Capital Partners

Toronto, Ontario
Series A

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

AICleantechCybersecurityFintech

RBCx

Toronto, ON
Series ASeries B+PE / Debt

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

Internet Software & ServicesCleanTechEnergy & PowerHealthcare/Life Sciences

Renewal Funds

Vancouver, BC
EarlyGrowth

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

AgtechB2CCleantechSaaS

Roynat Capital Inc.

Ottawa, ON
PE / Debt

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

Automotive & TransportationIndustrial & ManufacturingFood & BeveragesEnvironmental

Sand Hill North Ventures

Montreal, QC
Pre-SeedSeed

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

Internet Software & ServicesSoftwareeCommerceCleanTech

Spring Impact Capital

Vancouver, BC
Pre-Seed

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

AgtechAIB2CCleantech

SVG Ventures | THRIVE

Calgary, Alberta
SeedEarlySeries A

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

AgtechAICleantechFintech

Tall Grass Ventures

Calgary, AB
SeedPre-SeedSeries A

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

AgribusinessCleanTechSoftwareEnvironmental

TandemLaunch

Montréal, Québec
SeedEarly

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

AICleantechICTIoT

TD Innovation Partners (TDIP)

Toronto, ON
PE / DebtGrowth

TD Bank's full-service innovation banking platform launched in 2024, providing venture debt, banking, and financing solutions for technology companies at all stages. Staffed by former SVB and RBCx lea

TechnologySaaSCleantechLegalTech

TELUS Global Ventures

Vancouver, BC
Series A

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

AgtechAIB2CCleantech

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 specialized VC fund-of-funds.

Information TechnologyLife SciencesClean/Industrial Innovation

TriWest Capital Partners

Calgary, AB
PE / Debt

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

Energy & PowerIndustrial & ManufacturingAutomotive & TransportationRetail

Two Small Fish Ventures

Toronto, Ontario
Early

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

AICleantechCybersecurity

Vanedge Capital

Vancouver, BC
Early

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

AICleantechHealthtechICT

Westcap Mgt. Ltd.

Saskatoon, SK
Multi-StagePE / Debt

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

Healthcare/Life SciencesEnergy & PowerInternet Software & ServicesFood & Beverages

XPV Water Partners

Toronto, ON
Series ASeries B+Growth

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

Water TechnologyEnvironmentalIndustrial & ManufacturingCleanTech

Yaletown Partners

Vancouver, BC
Growth

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

AgtechAICleantechCybersecurity