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Top 50 Climate VC (Venture Capital) Funds in Canada in October 2023

A list of 50 VC (Venture Capital) funds that invest in Climate startups based in Canada. We rank investors based on the number of investments they made in Climate companies from Canada. We update this investor list every month.

Top 50 Climate VC (Venture Capital) Funds in Canada in October 2023

Investor Climate Canada investments
District Ventures Capital 32
BDC Venture Capital 27
Cycle Capital 26
Fonds de solidarité FTQ 26
Fondaction 24
Sustainable Development Technology Canada 19
Export Development Canada 18
Business Development Bank of Canada 18
WUTIF 18
SaskWorks Venture Fund 17
Real Ventures 16
Atlantic Canada Opportunities Agency 15
Anges Quebec 13
Innovacorp 13
Government of Canada 13
Active Impact Investments 12
Inovia Capital 11
GreenSky Ventures 10
Business Development Bank of Canada 10
Desjardins Venture Capital 10
New Brunswick Innovation Foundation 9
VA Angels 9
Ontario Centres of Excellence 9
Ecofuel Fund 9
MaRS Investment Accelerator Fund 9
Chrysalix Venture Capital 8
BDC Capital Cleantech Practice 8
GrowthWorks Capital 8
Investeco Capital 7
EnerTech Capital 7
Angel One Network 7
ArcTern Ventures 7
SVG Ventures 7
SVG Ventures 7
Economic Development of Canada 6
E-Fund 6
Sherbrooke Innopole 6
NBIF’s Venture Capital Fund 6
Yaletown Partners 6
VentureLink LP 5
Pangaea Ventures 5
Natural Gas Innovation Fund 5
Kensington Capital Partners Limited 5
Natural Products Canada 5
Panache Ventures 5
Natural Resources Canada 5
Startup TNT 5
The 51 Ventures 4
NGEN Partners 4
Island Capital Partners 4

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District Ventures Capital
VC Fund · Calgary, Alberta, Canada

Venture capital funding for Canadian entrepreneurs. District Ventures Capital is led by Arlene Dickinson and invests in innovative food & health sector companies.

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Investment focus

  • Food and Beverage, Manufacturing, Retail
  • Pre-Seed, Funding Round, Seed
  • Canada, United States

Portfolio highlights

  • NadaMoo — Grab a spoon, you're going to want to try this deliciously dairy-free coconut milk ice cream. Dairy-free, Gluten-Free, Plant-Based, Vegan, Non-GMO, Faire Trade, B-Corp. Our pints are filled with 100% goodness.
  • PocketPills — Pocketpills is Canada's best online pharmacy that allows you to conveniently order online, refill, or consult with an online pharmacist and offers free shipping and low prices.
  • Just Vertical — Discover the best indoor hydroponic growing system. With Just Vertical, you can easily grow your own vegetables indoors. Shop our beautifully-designed modern hydroponic system!
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BDC Venture Capital
VC Fund · Calgary, Alberta, Canada · 33 investments in the past 12 months

BDC Venture Capital is a major venture capital investor in Canada, active at every stage of the company's development cycle, from seed through expansion, with a focus on technology-based businesses that have high growth potential and that are positioned to become dominant players in their markets. The company helps create and develop strongCanadian businesses through financing, consulting services and securitization, with a focus on small and medium-sized enterprises.BDC Venture Capital has been involved in venture capital since 1975 and has to date invested in more than 400 companies involved in the areas of Life Sciences, Telecommunications, Information Technology and Advanced Technologies.

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Investment focus

  • Software, Information Technology, Internet
  • Series A, Funding Round, Seed
  • Canada, United States, Japan

Portfolio highlights

  • Cognota — Synapse helps companies around the world improve the productivity of their corporate learning and development teams. Our award-winning software streamlines training intake, project and capacity planning, and content design processes to make training teams more digital, agile, and efficient.This first-of-its-kind software allows our customers toget better visibility into the training needs of their businesses and consolidate the disparate tools they are using so they can access capacity data for better decision making and author course content with unprecedented speed.Collaboration with subject matter experts takes place directly within the platform ensuring knowledge is effectively captured and easy to update as required.The Synapse mission is to enable more people to learn and grow. Founded in 2015, Synapse has clients in multiple sectors and is based out of Toronto Canada with offices in San Diego and Merida, Mexico. For more information about Synapse software, visit www.getsynapse.com.
  • InnerSpace — InnerSpace is the fastest way to transform your business and power the hybrid workplace strategy. Transforming workplace experience with insights into how people use a space and create innovative solutions that drive revenue and improve operations to hybrid offices.
  • Carbon Upcycling — Carbon Upcycling Technologies (“CUT”) was formed to use the pollution of today to build the materials of tomorrow by converting CO2 gas into solid products. CUT sells advanced solid products derived from greenhouse emissions and cheaply available solids. Since 2014, CUT has scaled its ability to convert CO2 emissions into value-add end materials byover a million times. Through its portfolio of CO2-derived solid nanoparticles, CUT has technically validated its solutions for use in plastics, coatings, epoxy, adhesives, concrete, lithium-ion battery, and pharmaceutical industries. CUT recently launched a consumer brand called Expedition Air.CUT commercialized a corrosion-resistant coating, utilizing its nanoparticles, in 2017, becoming the youngest CO2 utilization company to generate commercial revenue (<2.5 years since inception) and has since been confirmed as one of the top CO2 utilization companies in the world as a winner of the X-Factor Award in the NRG COSIA Carbon XPRIZE. CUT has been named as a Solar Impulse Efficient Solution label recipient, a funding recipient of Fundación Repsol Entrepreneurs Fund, and a winner of the 2019 76West Clean Technology Competition.CUT’s most advanced product is its CO2-embedded concrete additive. In 2018, CUT graduated from the LafargeHolcim Accelerator in France and has continued conversations and testing with the company since then. CUT is also partnered with Burnco and Cemex. CUT’s commercial demonstration at the Alberta Carbon Conversion Technology Centre produces over 20 tonnes of concrete additives in a day. The product reduces the carbon footprint of concrete manufacturing by up to 25% while increasing the compressive strength of concrete by up to 40%.
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Cycle Capital
VC Fund · Montréal, Quebec, Canada · 2 investments in the past 12 months

Cycle Capital is a pioneer in Canadian Cleantech venture capital fund management investing in companies at the development and commercialization stages in North America. Founded in 2009 by Andrée-Lise Méthot, Founder and Managing Partner, Cycle Capital’s Platform has become an important venture capital investor of the Cleantech industry with its 3funds totaling $230M Assets Under Management (AUM). Cycle Capital is looking to invests in promising ventures that are not capital intensive and/or that can benefit from the leverage brought by Cycle Capital extensive network of investors, strategic partners and advisors.In addition to its core investments, Cycle Capital targets companies with high growth potential – especially those with strong intellectual property, leading edge technologies and with exceptional management talent that would benefit from the firm’s network of strategic industrial partners and expert advisors. With its core investment and business expertise, Cycle Capital plays an active role adding meaningful and tangible value to its portfolio companies at all stages of their life.

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Investment focus

  • Manufacturing, Energy, Electronics
  • Funding Round, Series B, Seed
  • Canada, United States, Germany

Portfolio highlights

  • VueReal — VueReal is engineering the next electronic systems by mass integration of high-efficiency nano/micro-devices into large-area substrates (e.g., displays, sensors, system on panel, and more). They have started by making the true-life experience of micro-LED displays affordable for all applications (TV, laptop, smartphone,virtual/augmented reality, etc.). VueReal technology platform is based on the interplay of cutting-edge micro/nano-device processing, sophisticated integration technologies and advanced system design (hardware and software). VueReal technologies can enhance the experience of existing electronic systems and enable new applications by integrating millions of highly efficient micro-devices (micro-LED) into system substrate. As our Solid Printing (TM) technology works across all substrate sizes, it can develop displays ranging from super high ppi (>4000 ppi) to very large.
  • Airex Energy — Airex Energy provides solutions for a sustainable future. Helping reduce greenhouse gas emissions and remove carbon from the atmosphere.
  • SPARK Microsystems — Discover SPARK Ultra-wideband: Revolutionizing AR, VR, audio, gaming, and IoT with responsive low-latency, high-speed wireless transceivers.
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Fonds de solidarité FTQ
VC Fund · Montréal, Quebec, Canada · 8 investments in the past 12 months

Fonds de solidarité FTQ is a private equity and venture capital firm specializing in investments in start-ups, early venture, mergers, business acquisitions, management buyouts, market development project or a buyout, financing for new programs, organic growth and cash flow, growth and expansion financings, development capital, business succession,financial restructuring, business transition financing, family and non-family buyout, consolidations, turnaround, and leveraged management buyouts. It also invests in new markets, product and business line developments, market diversification, interim financings, new product marketing, additional working capital, purchase of tangible and intangible assets, equipment modernization, equipment purchases or upgrades, and integrator projects. The firm has regional funds that do not invest in retail, real estate, farming, biotechnology, and financial services. Fonds de solidarité FTQ invests in small and medium-sized businesses. It typically invests in export projects, forest products, productivity improvement, natural resources, aerospace, agri-food, wood, pulp and paper, chemicals, construction and construction materials, printing, transportation equipment and automobiles, transportation services, furniture and fixtures, combinatorial chemistry and other lead generating technologies, mining and exploration, social economy, textiles, plastics, life sciences, business services, telecommunications, distribution and consumer goods, environment, equipment and machinery, financial services, information and communication technology, metal products, recreational tourism, and culture sectors. Within the culture sector, Fonds de solidarité FTQ seeks to invest in pre-production and creative projects, production projects, infrastructures and services, post-production projects, distribution, and broadcasting and multiplatform broadcasting. Within the environment sector, it invests in waste management and energy conversion for residual waste; air treatment and reduction of greenhouse gas emissions; processes to reduce industrial energy and water consumption; water treatment; and soil rehabilitation and decontamination (metals and organic compounds). Within the life sciences sector, Fonds de solidarité FTQ focuses on services for the biopharmaceutical industry; nutraceuticals and cosmeceuticals; diagnostics and medical supplies and equipment; biopharmaceuticals and generic drugs; biotechnology, and animal health. Within the tourism sector, it focuses on urban tourism, nature tourism, resort type tourism, and local tourism for Quebecers, and in the textiles sector it invests in companies engaged in development and production of specialty textiles as well as development of industrial applications for the construction, transportation, health and safety, and work apparel industries. Fonds de solidarité FTQ prefers to invest in Quebec and in companies impacting the Québec economy. It focuses on investing in the following regions- Abitibi –Témiscamingue, Bas Saint Laurent, Chaudière-Appalaches, Côte-Nord, Estrie, Gaspésie Îles-de-la-Madeleine, Lanaudière, Laurentides, Laval, Mauricie - Centre-du-Québec, Montérégie, Nord-du-Québec, Outaouais, and Saguenay-Lac-St-Jean. Fonds de solidarité FTQ seeks to invest in projects of $3 million or more and also provides loans of up to $ 2 million. It invests in companies in business succession sector having minimum capitalization of $500,000 and EBITDA of over $35.5 million in case of majority interest; equipment and machinery sector with average investment in excess of $3 million; environment sector with funding needs of more than $500000; financial services sector having net assets between $20 million and $50 million in equity; metal products sector having annual sales of over $5 million and financing needs of at least $2 million; and printing sector having investment needs of over $1 million. In the information technology sector, Fonds de solidarité FTQ seeks to invest $2 million as initial investments while total investments can be more than $10 million. It invests in the form of equity financing (common or preferred shares) and unsecured debt requiring no collateral (debenture). Fonds de solidarité FTQ can take both a minority interest including an equity stake of up to 49 percent as well a majority interest in its portfolio companies in case of business succession financing. It seeks a minority stake for the portfolio companies in the equipment and machinery sector. It typically holds its investments for a period of five to ten years in case of equity financing and for more than ten years in case of business succession financing. Fonds de solidarité FTQ began operation on June 23, 1983. It has its headquarters in Montreal in Canada with additional offices in the same city and Quebec in the same country.

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Investment focus

  • Manufacturing, Biotechnology, Software
  • Funding Round, Series A, Series B
  • Canada, United States, Israel

Portfolio highlights

  • UgoWork — Lithium-ion batteries are significantly superior for your lift trucks, in addition to taking advantage of our efficient energy management. Learn more.
  • WorkJam — The most complete and modular suite of productivity tools for frontline employees. Trusted by global brands and loved by their employees.
  • Flare — We enable companies to prevent cyber attacks before they become costly data breaches.
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Fondaction
VC Fund · Clarke City, Quebec, Canada · 10 investments in the past 12 months

Since its creation in 1996, Fondaction has been based on the belief that it is not only possible to do things differently in the financial and business world, it is a necessity.Fondaction helps Québecers prepare for retirement by offering affordable retirement savings to everyone. The savings collected are invested in companies across Québec.This way, Fondaction helps create and maintain quality jobs, contributing to a stronger, more equitable and greener economy.Created in 1996, Fondaction is a labour-sponsored fund with assets in excess of one billion dollars collected as retirement savings from more than 131,000 shareholders. Fondaction's direct investments and those made through investment funds support the development of more than 1 050 SMEs in different lines of business, in large part involved in various components of the social economy.Fondaction has always been resolutely committed to socially responsible finance, from the moment it was created. The principles of sustainable development are integrated in everything it does. Whether investing in businesses directly or in capital markets, Fondaction always applies the principles of responsible investment to the money entrusted by its savers.Fondaction was one of the first institutions in Québec to make accountability reports an obligation in an effort to improve its practices and contribute to moving sustainable development forward in Québec. It produced its first report on sustainable development in 2006 in accordance with the international standards of the Global Reporting Initiative (GRI), the highest standards of precision and transparency in economic, social and environmental accountability.In 2010 and 2012, Fondaction remained at the forefront with its 3rd and 4th sustainable development reports, having them reviewed by an independent firm and achieving an application level of A+ from the GRI. Fondaction is the only financial institution in Québec to achieve this level.In 2014, Fondaction tabled its 5th sustainable development report, produced in accordance with the latest GRI guidelines, the G4. Fondaction also opted for Comprehensive compliance, becoming the 1st financial institution in North America and the 9th in the world to voluntarily adhere to these requirements.

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Investment focus

  • Manufacturing, Information Technology, Software
  • Private Equity, Funding Round, Debt Financing
  • Canada, United States, France

Portfolio highlights

  • Libro — Elevate Your Guest Experience Our guest experience platform does more than fill tables. Start building a highly personalized and profitable dining experience with Libro. Pricing Features How we help your restaurant thrive Reservations Accept online reservation requests in real-time 24/7/365. Access reservations from anywhere so your entire team is prepared to serve guests. Reputation Management
  • Dispersa — Harnessing the power of microbe-derived natural solutions to decarbonize the chemicals industry.
  • Omy Laboratoires — Omy Laboratoires develops and manufactures personalized cosmetic skin-care products using its AI based skin analysis system.
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Sustainable Development Technology Canada
VC Fund · Ottawa, Ontario, Canada · 8 investments in the past 12 months

At Sustainable Development Technology Canada (SDTC), they fund Canadian cleantech projects and coach the companies that lead them as they move their ground-breaking technologies to market.SDTC’s support of cleantech translates into jobs, growth, and export opportunities for Canadian companies, as well as economic, environmental and healthbenefits for all Canadians. They are independent but don’t work alone. A big part of their role is building and sustaining networks of partners and stakeholders from private industry, academia and governments, at home and abroad. They operate at arm’s length and receive funding from the Government of Canada.

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Investment focus

  • Energy, Manufacturing, Software
  • Grant, Seed, Funding Round
  • Canada, United States, Brazil

Portfolio highlights

  • Niricson — Niricson Software has developed a proprietary damage assessment software platform paired with a patent-pending drone-based data collection technology that helps infrastructure owners inspect their structures (e.g. hydro dams) in a way that is more accurate, five times faster, and 50% more cost-effective. Niricson is differentiated by its ability toautomatically detect and quantify not only surface damage, but also subsurface damage.
  • ZeroIN — For ingredient manufacturers seeking to enhance the taste profile of their sweeteners, ZeroIN develops technology to produce next-gen sweeteners with the same bulk, sweetness, and taste as sugar but no aftertaste.
  • Cyclic Materials — Cyclic Materials has created the first circular supply chain for rare earth elements with the goal of helping the world transition to an environmentally responsible future.
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Export Development Canada
VC Fund · Ottawa, Ontario, Canada · 18 investments in the past 12 months

Export Development Canada (EDC) is a Crown corporation dedicated to assisting Canadian businesses of all sizes in achieving global success. It provides them with the tools they need to grow their business with confidence, including trade knowledge, financial solutions, equity, insurance, and connections.

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Investment focus

  • Software, Renewable Energy, Manufacturing
  • Funding Round, Series B, Series A
  • Canada, United States, India

Portfolio highlights

  • Niricson — Niricson Software has developed a proprietary damage assessment software platform paired with a patent-pending drone-based data collection technology that helps infrastructure owners inspect their structures (e.g. hydro dams) in a way that is more accurate, five times faster, and 50% more cost-effective. Niricson is differentiated by its ability toautomatically detect and quantify not only surface damage, but also subsurface damage.
  • Koios Intelligence — MISSIONKoïos Intelligence is on a mission to Improve the insurance value chain using conversational AI.Our platform Olivo is built for insurance customers with the goal of eliminating waiting time, reducing operational costs and offering an unprecedented customer experience. Based on Natural Language Processing and state-of-the-art ArtificialIntelligence, Olivo is made to answer new customer needs and expectations in today’s digital world.
  • Vive Crop Protection — Vive makes effective and sustainable pesticides for organic and non-organic production. The company was founded in 2006 and is headquartered in Mississauga, Ontario, Canada.
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Business Development Bank of Canada
VC Fund · Montréal, Quebec, Canada · 19 investments in the past 12 months

We are BDC, the bank for Canadian entrepreneurs. We support small and medium-sized businesses in all industries and at every stage of growth with money and advice. We are the Business Development Bank of Canada.

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Investment focus

  • Software, Information Technology, Manufacturing
  • Funding Round, Series A, Seed
  • Canada, United States, Argentina

Portfolio highlights

  • FlipGive — Free tools to simplify team money management and lower team fees. Earn cashback, balance the budget, accept fee payments, get a team spend card, and more.
  • Arolytics — Build, manage, and execute the most efficient emissions management program custom to your oil and gas operations.
  • Clear Blue Technologies — Clear Blue Technologies, the Smart Off-Grid company, combines green energy with the proven advantages of communications and cloud technology to power and control off-grid lighting, security and mobile solutions. We are ushering in a new age of off-grid systems, that deliver the reliability of grid connected systems but are environmentally friendly,less costly, and can be monitored and controlled over the Internet.
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WUTIF
VC Fund · Vancouver, British Columbia, Canada

WUTIF Capital (VCC) Inc. is a novel angel fund that co-invests with angel investors in promising new technology ventures in British Columbia. WUTIF was formed in mid-2003 and made its first investments in late 2004.

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Investment focus

  • Health Care, Software, Biotechnology
  • Seed, Pre-Seed, Series A
  • Canada

Portfolio highlights

  • Frontly — Frontly's no-code internal admin tooling platform empowers businesses to build custom applications to solve their greatest business challenges in minutes without writing a line of code.
  • Care2Talk — Care2Talk is a video call mobile app for senior citizens that is secure, fast, and easy to navigate with 7-day battery life.
  • VoxCell BioInnovation — Creating an extraordinary line of solutions for the drug development industry and the field of Oncology research.
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SaskWorks Venture Fund
VC Fund · Regina, Saskatchewan, Canada · 1 investment in the past 12 months

SaskWorks Venture Fund is a Saskatchewan-based retail mutual fund that invests in privately-held small and medium-sized businesses owned or primarily operated in Saskatchewan. As a labour-sponsored venture capital corporation (LSVCC), investments in SaskWorks are eligible to receive a tax credit equal to 35% in addition to their RRSP tax deferral.Since its inception, the Fund has provided a unique opportunity for Saskatchewan residents to keep their investment dollars at home, helping to grow local companies and creating jobs in their province.

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Investment focus

  • Oil and Gas, Energy, Manufacturing
  • Funding Round, Seed, Post-IPO Equity
  • Canada, United States

Portfolio highlights

  • Curbie — Curbie is an online platform that enables consumers to buy, sell, and trade-in vehicles in Canada. The company provides consumers with an ecommerce buying experience that is unique in the Canadian landscape. Consumers select from Curbie's online inventory, receive the vehicles at their homes and, after purchase, have 7-days to decide to keepor return. Curbie is a highly-automated enterprise, featuring its own set of algorithmic and AI-based tools, which minimize staffing needs and enhance decision-making.
  • 54e Dev Studios — 54e Dev Studios creates unique robotics and gaming experiences using real-time communication technologies.
  • Ground Truth Agriculture — Ground Truth Ag is an agtech start-up creating our first product to measure and report real-time grain quality during harvest.
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Real Ventures
VC Fund · Montréal, Quebec, Canada · 8 investments in the past 12 months

Real Ventures is an early-stage venture firm focused on serving daring entrepreneurs with the ambition to create successful, global companies. Since 2007, Real Ventures has dedicated itself to building the Canadian startup ecosystem on the belief that people, not money, build game-changing companies. Real Ventures provides stage-specific guidance,mentorship, and access to networks and resources to fast-track founders’ personal and company growth. Real Ventures manages $325 million across five funds and its active portfolio of 100+ companies is currently valued at $10 billion. www.realventures.com

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Investment focus

  • Software, Artificial Intelligence, Machine Learning
  • Seed, Series A, Series B
  • Canada, United States

Portfolio highlights

  • dcbel — dcbel's mission is to deliver energy that lets people live a life without compromise.dcbel™ (formerly known as Ossiaco) sits at the nexus of residential solar power, electric vehicle charging, the smart home, and customer-centric utilities. The dcbel team has a proven history of rethinking energy distribution for everything from largeutility customers to distributed energy resource providers.dcbel's AI-driven sustainable technologies enable people to leverage solar energy to power their cars, their homes, and their lifestyles.dcbel has numerous worldwide patents in power electronics and power conversion and is backed by a number of globally respected investors.
  • HumanFirst — The complete productivity suite to transform natural language into business insights and AI training data
  • BIOS — BIOS Health is unlocking the potential of the nervous system in treating chronic disease by using AI-powered neural interfaces that can automatically read and write neural signals.
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Atlantic Canada Opportunities Agency
VC Fund · Moncton, New Brunswick, Canada · 17 investments in the past 12 months

The Atlantic Canada Opportunities Agency works to create opportunities for economic growth in Atlantic Canada by helping businesses become more competitive, innovative and productive, by working with diverse communities to develop and diversify local economies, and by championing the strengths of Atlantic Canada. Together, with Atlantic Canadians,we are building a stronger economy.

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Investment focus

  • Software, Health Care, Information Technology
  • Debt Financing, Grant, Seed
  • Canada, United States

Portfolio highlights

  • Dispersa — Harnessing the power of microbe-derived natural solutions to decarbonize the chemicals industry.
  • ReelData AI — ReelData AI provides artificially intelligent monitoring for finned fish aquaculture. It delivers weight distributions, feeding analysis, health analysis, and growth analysis
  • ABCO Industries — ABCO Industries manufactures metal products for the food, marine, industrial, and environmental industries. They are expanding and improving our manufacturing process, incorporating automated and advanced manufacturing techniques, and supporting our people through training and education.
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Anges Quebec
VC Fund · Quebec, Quebec, Canada · 6 investments in the past 12 months

Value-added investors for innovative entrepreneurs.

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Investment focus

  • Health Care, Software, Artificial Intelligence
  • Seed, Funding Round, Angel
  • Canada, Spain, United States

Portfolio highlights

  • Bridgr — For industrial companies looking for significant digital transformation, BRIDGR is the algorithmic advisory practice that improves your odds of success by showing you what to do next and who would help
  • ChrysaLabs — Soil testing technology. ChrysaLabs provides real-time data for better decisions.
  • Ditch Labs — Ditch Labs is a digital health company pioneering nicotine addiction treatment with artificial intelligence and a revolutionary device.
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Innovacorp
VC Fund · Halifax, Nova Scotia, Canada

Innovacorp is an early-stage venture capital firm that helps knowledge-based startups commercialize their technologies in the global marketplace. It invests in early stage Nova Scotia entrepreneurs, combining venture capital with business mentoring and incubation facilities. Innovacorp was established in 1995 and based in Halifax, Canada.

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Investment focus

  • Software, Information Technology, Health Care
  • Seed, Grant, Funding Round
  • Canada, Australia, United States

Portfolio highlights

  • Bright Breaks — Bright offer on-site and virtual amenities for companies and employees. whether your team is on-site, working from home, or in between.
  • Gaia Refinery — Gaia is developing wind-driven methane-capture technology to produce rocket-grade natural gas.
  • Planetary — Planetary develops ocean-based carbon removal technology to accelerate the natural carbon cycle. Planetary’s system purifies the mountains of alkaline rock waste left behind by large-scale mining operations, extracting the alkalinity from the rubble and putting it in the ocean, thus accelerating the carbon transition and rebalancing oceanchemistry.Planetary Technologies is on a mission to remove 1 billion tonnes of carbon dioxide from the atmosphere by 2035.
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Government of Canada
VC Fund · Gatineau, Quebec, Canada · 3 investments in the past 12 months

The Government of Canada is making it easier for Canadians to find and access government information and services online through its central website, Canada.ca. The website is the single entry point for all government information and services available online and is accessible using any device with an Internet connection, including tablets ormobile phones. Its portal shows how government works, its priorities, laws, finances, transparency, digital government, and policies.

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Investment focus

  • Manufacturing, Health Care, Biotechnology
  • Grant, Debt Financing, Funding Round
  • Canada, United States, Germany

Portfolio highlights

  • Metaspectral — Compression.ai is an information technology company that specializes in the fields of machine learning and web services. The company has developed encoding and decoding capability for images using machine learning, which achieves on-average about 95% compression rates of a raw image without significantly losing its quality.
  • PowerCo — PowerCo expansion is the next step in expanding the worldwide battery industry while also localizing cell production and establishing a new value chain.
  • London Children's Museum — Offering family-friendly entertainment and activities, the London Children's Museum, located in Southwestern Ontario, encourages children to explore history, heritage, and science through art, play, and creativity.
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Active Impact Investments
VC Fund · North Vancouver, British Columbia, Canada · 3 investments in the past 12 months

We support environmental resiliency through profitable investment. We provide capital and talent to accelerate the growth of early-stage climate tech ventures catalyzing the transition from finite to infinite sources of energy, food, water & products.

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Investment focus

  • Software, SaaS, CleanTech
  • Seed, Series A, Pre-Seed
  • Canada, United States

Portfolio highlights

  • Audette — Audette transforms your commercial portfolios into intelligent, carbon-free assets. Net-zero planning for commercial real estate portfolios
  • Agrology — The Agrology Platform helps farmers reduce their carbon footprint, be more sustainable, and stay ahead of threats like drought, smoke taint, pest & disease outbreaks, frost, heat, extreme temperatures.
  • RailVision Analytics — Customized data analysis, software solutions, and consulting for the rail industry. RailVision Analytics takes the data available from your fleet equipment, combined with our proven AI algorithms to provide insight on saving fuel, equipment deterioration and improving safety.
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Inovia Capital
VC Fund · Montréal, Quebec, Canada · 10 investments in the past 12 months

We support entrepreneurs at every stage of their journey and build technology companies that generate a positive impact on society.

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Investment focus

  • Software, SaaS, E-Commerce
  • Seed, Series A, Series B
  • Canada, United States, United Kingdom

Portfolio highlights

  • Novisto — Novisto's sustainability management software enables companies to create value from their ESG initiatives. Request a demo today!
  • Cohere — Cohere provides access to advanced Large Language Models and NLP tools through one easy-to-use API. Get started for free.
  • Plenty — Plenty makes it easy for modern partners to invest and plan for their future together. Effortlessly invest like the 1% and turn your goals and dreams into reality.
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GreenSky Ventures
VC Fund · Toronto, Ontario, Canada · 2 investments in the past 12 months

GreenSky Ventures is a Toronto-based firm that makes investments in early-stage Canadian technology companies.GreenSky Ventures seeks early-stage B2B technology companies in Canada, emphasizing protectable IP and experienced management. It makes investments in early-stage technology companies through its affiliated venture capital funds, GreenSkyAccelerator Fund I, II and III. Their principals bring a unique combination of experience in technology, law, and finance to high-growth potential companies and dedicated entrepreneurs.GreenSky Capital was founded in Toronto, Ontario in 2010 by Geoff Simonett and Michael T. R. List.

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Investment focus

  • Software, Information Technology, Health Care
  • Seed, Funding Round, Series A
  • Canada, United States, United Kingdom

Portfolio highlights

  • Direct-C — Remote asset monitoring systems for oil and gas infrastructure that provide rapid leak detection for liquid hydrocarons, produced water and more.
  • Captain AI — Captain is the leading delivery management software for restaurant chains. Gain true visibility into your delivery operations while automating dispatch decisions and optimizing delivery times.
  • Mission Control Space Services Inc. — Mission Control is a space exploration and robotics company specializing in spacecraft operations, onboard autonomy and artificial intelligence. We are developing a full-stack robotic control solution. Our technology is designed to control and automate robotic assets operating in harsh and remote environments and increase the safety, efficiency andscientific or financial return of missions.
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Business Development Bank of Canada
VC Fund · Montréal, Quebec, Canada · 19 investments in the past 12 months

We are BDC, the bank for Canadian entrepreneurs. We support small and medium-sized businesses in all industries and at every stage of growth with money and advice. We are the Business Development Bank of Canada.

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Investment focus

  • Software, Information Technology, Manufacturing
  • Funding Round, Seed, Debt Financing
  • Canada, Argentina, United States

Portfolio highlights

  • FlipGive — Free tools to simplify team money management and lower team fees. Earn cashback, balance the budget, accept fee payments, get a team spend card, and more.
  • Arolytics — Build, manage, and execute the most efficient emissions management program custom to your oil and gas operations.
  • Clear Blue Technologies — Clear Blue Technologies, the Smart Off-Grid company, combines green energy with the proven advantages of communications and cloud technology to power and control off-grid lighting, security and mobile solutions. We are ushering in a new age of off-grid systems, that deliver the reliability of grid connected systems but are environmentally friendly,less costly, and can be monitored and controlled over the Internet.
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Desjardins Venture Capital
VC Fund · Lévis, Quebec, Canada · 3 investments in the past 12 months

Desjardins Capital makes it easy to grow your business with financial and strategic support. Investment capital and venture capital can help you meet your business goals.

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Investment focus

  • Software, Information Technology, Manufacturing
  • Funding Round, Seed, Series A
  • Canada, United States

Portfolio highlights

  • Cegerco — Cegerco specializes in the construction of industrial and institutional sectors. They also restore and renovate historic buildings, while maintaining the original materials. They provide services in the mining sector like silos, conveyors, crushers, etc.
  • Groupe Canva — Canva Group is a dynamic holding company in the identification and visual communications field with 9 complementary companies acquired over the last 15 years. Operating with 3 different autonomous business units under the names of Idenco Canada (Boucherville), Decalcomanie Artistic (Montreal) and Mirazed in (St-Hubert), the 200-employee companyserves more than 4,000 customers with its complementary serigraphy and digital printing services. Their goal is to create the best customer experience.
  • Voilà! Technologies — Learn how Evolia's employee scheduling app can save you time managing schedules and increase employee engagement.
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New Brunswick Innovation Foundation
VC Fund · Fredericton, New Brunswick, Canada · 1 investment in the past 12 months

Director of Investments Every half-year, the Canadian Venture Capital Association (CVCA) reports on the status of venture capital investment in Canada, and the 2021-H1 edition is impressive.

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Investment focus

  • Software, Information Technology, Analytics
  • Seed, Funding Round, Grant
  • Canada, United States

Portfolio highlights

  • Passiv — Passiv makes it easy for you to manage your portfolio so that you can save more for retirement and spend more of your time enjoying life.
  • Soricimed — Soricimed is a privately-held, clinical stage company focused on the development and commercialization of applications originally derived from its unique and proprietary family of peptides found in the paralytic venom of the northern short-tailed shrew
  • ProcedureFlow — With ProcedureFlow, following company processes has never been easier. Our cloud-based knowledge management software will help you make your employees experts faster.
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VA Angels
VC Fund · Calgary, Alberta, Canada

VA Angels, one of Canada’s leading angel investment groups, has member locations in Calgary, Edmonton, Kelowna and Winnipeg. Since 2003 they have done 57 deals worth $28.5 million and are one of the most active angel groups in Canada.

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Investment focus

  • Health Care, Software, Information Technology
  • Seed, Funding Round, Debt Financing
  • Canada, United States, India

Portfolio highlights

  • Tonit — Connect with local riders. Discover hundreds of rides & events. Track & share your ride. Share photos & videos with the community.
  • PLAYR.gg — Surf Giveaways is the #1 platform to run giveaways, sweepstakes, and contests for gamers. Grow your audience and build your community with giveaways now!
  • eThor — Trusted By National Brands Trusted By National Brands Contactless In the age of COVID-19, it's more important than ever to provide your customers a safe way to pay. eThor offers a number of contactless payment options, from Apple Pay, Samsung Pay or other forms of
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Ontario Centres of Excellence
VC Fund · Toronto, Ontario, Canada · 3 investments in the past 12 months

The Ontario Centres of Excellence invests in projects and people to accelerate industry R&D to impact the Ontario economy through the commercialization of leading edge research.OCE invests in- Industry-Academic collaborative research- Commercialization of academic research through licensing and spin off companies- Early stage seedfinancing of start-ups- Skills development for high quality personnelThe Ontario Centres of Excellence is a not-for-profit corporation founded in 1987. Core funding is provided by the Ontario Ministry of Research and Innovation

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Investment focus

  • Software, Information Technology, Health Care
  • Seed, Grant, Pre-Seed
  • Canada, United States

Portfolio highlights

  • Uride — Welcome to Uride - your reliable and affordable ridesharing service with a community-focus. Enjoy the ease of quick pickups, lower fares, and a user-friendly app designed to make your travels smoother. Start riding today!
  • ventureLAB — At ventureLAB, we grow globally competitive tech titans that build-to-scale in Canada, for global markets.
  • Novel Biotechnology — Novel Biotechnology operates as a biotechnology company and develops innovative solutions for plasmid DNA production.
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Ecofuel Fund
VC Fund

Ecofuel is a venture capital fund specialized in cleantech startups. Ecofuel Fund invests smart money in startups that develop and commercializes clean technologies.

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Investment focus

  • Manufacturing, Agriculture, Information Technology
  • Seed, Series A, Pre-Seed
  • Canada

Portfolio highlights

  • Axya — Strategic buyers use Axya to be 5X more efficient in managing their purchase order, request for quotations and payment to suppliers.
  • POTLOC — Potloc is a consumer research company, extracting consumer insights by targeting respondents by interest or location on the social networks consumers trust.
  • TENGIVA — Tengiva (Textile Exchange Network Generating Industry Value and Accessibility) is a digital supply chain platform for the global textiles industry.Tengiva addresses the supply chain and distribution challenges experienced by textile manufacturers and apparel brands.
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MaRS Investment Accelerator Fund
VC Fund · Toronto, Ontario, Canada · 5 investments in the past 12 months

Working with Ontario talent to develop World Class Companies Learn More

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Investment focus

  • Software, Artificial Intelligence, SaaS
  • Seed, Pre-Seed, Series A
  • Canada, United States

Portfolio highlights

  • ODAIA — Empowering Pharma's Next Generation of Engagement with HCPs
  • Vivid Machines — Digitizing permanent crop production | Vivid Machines | Ontario
  • InnerSpace — InnerSpace is the fastest way to transform your business and power the hybrid workplace strategy. Transforming workplace experience with insights into how people use a space and create innovative solutions that drive revenue and improve operations to hybrid offices.
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Chrysalix Venture Capital
VC Fund · Vancouver, British Columbia, Canada · 5 investments in the past 12 months

Leading global venture capital fund that invests in resource intensive industries across North America and Europe.

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Investment focus

  • Energy, Manufacturing, CleanTech
  • Series B, Series A, Funding Round
  • United States, Canada, The Netherlands

Portfolio highlights

  • Sortera Technologies — Sortera Alloys manufactures low-cost, high-quality metal alloys for domestic manufacturing using its artificial intelligence technology.
  • C2CA technology — C2CA Technology is a pioneering company in concrete recycling, established in 2016 by Delft Enterprises, Delft University, and GBN.Our mission is to transform waste concrete into sustainable building materials, replacing virgin aggregates, sand, and cement to mitigate 8% of global CO2 emissions.Our advanced separation, and quality controltechnologies are in use at our demonstration site in Hoorn, the Netherlands.We're committed to achieving 100% circular concrete and building a more sustainable future. Join us and make a positive impact on the planet.
  • VerAI Discoveries — VerAI Discoveries is disrupting Mineral Exploration by deploying a revolutionary Artificial Intelligence Platform that detects concealed mineral deposits.
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BDC Capital Cleantech Practice
VC Fund · Calgary, Alberta, Canada · 1 investment in the past 12 months

We can help you meet the capital-intensive needs of scaling and achieve timely growth. We offer more flexible equity financing and commercial loans.

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Investment focus

  • Manufacturing, CleanTech, Oil and Gas
  • Funding Round, Series A, Series B
  • Canada

Portfolio highlights

  • Flyscan — Flyscan develops automated, airborne, leak and threat detection services for oil and gas pipeline operators.
  • Silfab Solar — Silfab solar panels are designed and engineered specifically for the North American environment and manufactured utilizing advanced robotics.
  • Giatec — Giatec is a global company revolutionizing the concrete industry by bringing smart testing technologies and IoT solutions to every jobsite.
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GrowthWorks Capital
VC Fund · Vancouver, British Columbia, Canada

Invest in our experienceGrowthWorks* offers you more: more accountability, more experience and more proven know-how to make the most of your investment.A principled approach to adding valueOver the last 20 years, we've built GrowthWorks into one of Canada's venture capital management companies. We've done that by managingfunds that rigorously follow core principles: structure strategic investments in growth-oriented companies, value portfolio assets conservatively, build vital industry connections and minimize risk through diversification. It's a simple formula that delivers powerful results.Regional know-how. National ReachAt GrowthWorks, we offer regionally based retail venture capital funds (RVCs) right across Canada.GrowthWorks specializes in the management of and growth of regionally based venture capital funds. The funds under management include the following RVCs: Working Opportunity Fund, GrowthWorks Commercialization Fund and GrowthWorks Atlantic Venture Fund.Partners in performanceWe have specialized teams in each of our core sectors to identify and structure investments in potential winners. These skilled teams also help create success by helping the companies that GrowthWorks managed funds invest in to grow with strategic management support and advice. This way, the companies get guidance from experienced leaders. In turn, the funds’ investors know that these companies receive direction to help them thrive.

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Investment focus

  • Software, Biotechnology, Health Care
  • Funding Round, Series B, Series A
  • Canada, United States, Japan

Portfolio highlights

  • ClearRisk — Our easy-to-use risk management software increases productivity, creates differentiation, and adds a simple and efficient process to manage risk!
  • HIGHLINEvc — HIGHLINE is a Pre-Seed investor & Acceleration Platform that helps digital startups get follow-on capital, backed by leading VCs with offices in Vancouver & Toronto.We believe in providing our founders with far more than capital. Yet unlike most accelerators, we have no rigid start/end dates throughout the year. By joining theHIGHLINE family, you get to call on us for advice on an ongoing basis, gain access to our premium network and monthly founder events. We’ll do our best to help with fundraising challenges and partner with incubators to help deliver specialized programming.
  • SWITCH Materials — SWITCH Materials develops revolutionary new materials based on proprietary organic molecules that "switch" optical properties on command.SWITCH’s molecular switches can be developed for a number of applications, especially in the areas of molecular electronics and health sciences, including optical filters, photochromic inks, paintsand fibers, high-density optical information storage systems, molecular sensors and biomarkers for labeling and tracking of live cells.SWITCH has assembled a team of cutting-edge materials scientists with combined expertise in synthetic chemistry, polymer processing, optics, and molecular & materials engineering. SWITCH conducts its research and development activities in our own laboratories and the state-of-the-art analytical and clean room facilities at 4D LABS, Simon Fraser University's new $40 million materials science research centre.
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Investeco Capital
VC Fund · Toronto, Ontario, Canada · 1 investment in the past 12 months

InvestEco invests in innovative companies in the Food & Agriculture Sector. Learn More about our process, people, and companies.

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Investment focus

  • Food and Beverage, Organic Food, Manufacturing
  • Funding Round, Seed, Series B
  • Canada, United States

Portfolio highlights

  • LesserEvil — From source to snack, LesserEvil is dedicated to creating clean, healthy snacks that are as tasty as they are guilt-free. Start your journey to better snacking!
  • Acid League — Experiments in acid? Acid League makes flavor-tripping vinegars, drinks, sauces, and condiments to energize your cooking.
  • Mara Renewables — Mara Renewables Corporation (Mara) is the leading Canadian biotechnology company focused on the research, development, and commercialization of sustainable fermentation algal biotechnologies for nutritional and renewable energy industries.
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EnerTech Capital
VC Fund · Ambler, Pennsylvania, United States

EnerTech Capital works hand-in-hand with pioneers and innovators daring to change the world. For 25 years EnerTech’s fundamental focus has been investing and partnering with innovative companies driving informational impact across the energy landscape; with a focus on Mobility, Industry 4.0, and Connected Customer. Since its founding in 1996,EnerTech has made 72 investments and has managed over $500 million in capital commitments. EnerTech works with investors and stakeholders from corporates with growing innovation programs to seasoned investors seeking differentiated opportunities for strategic capital deployment or tailored solutions. EnerTech partners with companies across all stages of enterprise value creation from late development and seed through commercialization and growth. While investment activities are predominantly focused in North America, EnerTech partners with teams globally on an opportunistic basis.

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Investment focus

  • Energy, Software, Manufacturing
  • Funding Round, Series B, Series C
  • United States, Canada, Israel

Portfolio highlights

  • Blue Pillar — At Blue Pillar, we connect industrial equipment to the internet and serve up the data to manage, monitor, and control equipment and devices so our customers can create flexible, scalable solutions for themselves or their customers. We're energized by the challenge of making the power of Industrial IoT widely accessible. We make things alittle better in a connectivity-centric world where things are a lot harder than they should be.
  • Encycle Corporation — REGEN Energy Inc. designs, develops, and markets wireless energy management solutions in Canada and the United States. The company’s products include EnviroGrid swarm-logic controllers, which are attached to electrical loads to communicate and coordinate with each other to reduce electrical demand for commercial, industrial, institutional, andmulti-unit residential facilities. Its products are used to control electrical demand for heaters, fans, compressors, chillers, cold storage systems, batter chargers, pumps, and dehumidifiers and humidifiers, as well as for new construction, retrofit, and ongoing building operations.
  • Recurrent — Eliminate range anxiety with EV battery reports for used electric cars. Recurrent reports replace the odometer for drivers, buyers and dealers.
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Angel One Network
VC Fund · Burlington, Ontario, Canada

Angel One Network Inc. is a member-based, not-for-profit organization.

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Investment focus

  • Software, Health Care, SaaS
  • Angel, Seed, Series A
  • Canada, United States, Malaysia

Portfolio highlights

  • Torum — Torum is the SocialFi ecosystem (Social + NFT + DeFi + Metaverse) that is specially designed to connect cryptocurrency users. The Web3.0 ecosystem is built on a social media platform, coupled with a yield farming platform for DeFi players, an NFT marketplace for crypto artists and Avatar NFT for Metaverse enthusiasts.
  • Coldblock — Coldblock Technologies Inc delivers short wave infrared sample digestion technology to prepare samples for analysis, accuracy and safety.
  • fraction/al — Fan Ownership Platform that empower fans to own a piece of their favorite sports team.
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ArcTern Ventures
VC Fund · Toronto, Ontario, Canada · 6 investments in the past 12 months

ArcTern Ventures is a venture capital fund that provides early-stage capital to cleantech companies.The privately-backed venture capital fund provides early-stage capital to companies developing breakthrough ideas in the cleantech sector. The Fund has developed a unique early-stage investment model through its partnership with MaRS, one of thelargest innovation centers in the world.

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Investment focus

  • Energy, Software, Renewable Energy
  • Series A, Series B, Funding Round
  • Canada, United States, United Kingdom

Portfolio highlights

  • Woltair — Digitisation of the heating installation process - from lead generation, through sales and installation, to after-sales support.
  • Trove — We do the hard work behind Circular Shopping. Get access to a new consumer behavior. See the Cycle of Circular Shopping and our Partnerships.
  • Winnow — Winnow builds artificial intelligence tools to help chefs run more profitable and sustainable kitchens by cutting food waste in half. They develop technology to cut food waste in their operations. Their digital tools provide data to drive improvements in kitchen production processes and reduce environmental footprint.Winnow's mission is toconnect commercial kitchen, create a movement of chefs, and inspire others. The company was founded in 2013 and is headquartered in London, England, United Kingdom.
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SVG Ventures
VC Fund · Los Gatos, California, United States

We work with leading corporations, startups, universities, and growers to solve the biggest challenges facing the agtech and foodtech industries.

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Investment focus

  • AgTech, Agriculture, Farming
  • Pre-Seed, Seed, Funding Round
  • United States, Canada, Ireland

Portfolio highlights

  • FarmWise — FarmWise provides technology-based services that allow farmers to streamline farm operations and increase food production efficiency.
  • Napigen — We are the genome editing company specialized for mitochondrial engineering. We address unmet needs of future food supplies by creating hybrid crop plants to boost their yields to an unprecedented level. The company’s technology creates robust male sterile lines that are ideal over conventional lines because of their stability and elitebackgrounds. This allows the production of non-GM hybrid seeds in crop plants that are currently mostly non-hybrid such as wheat. Our technology solution is expected to fulfill the highest level of public acceptance and aspiration.
  • Muddy Machines — Muddy Machines is working on field robots to help farms manage labor-intensive crops by completing the fieldwork.
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SVG Ventures
VC Fund · Los Gatos, California, United States

We work with leading corporations, startups, universities, and growers to solve the biggest challenges facing the agtech and foodtech industries.

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Investment focus

  • AgTech, Agriculture, Farming
  • Pre-Seed, Seed, Funding Round
  • United States, Canada, Ireland

Portfolio highlights

  • FarmWise — FarmWise provides technology-based services that allow farmers to streamline farm operations and increase food production efficiency.
  • Food4All — With the F4A App, you can explore discounted close-to-expiry products at your favourite supermarkets. Act now - save money and say no to food waste.
  • Napigen — We are the genome editing company specialized for mitochondrial engineering. We address unmet needs of future food supplies by creating hybrid crop plants to boost their yields to an unprecedented level. The company’s technology creates robust male sterile lines that are ideal over conventional lines because of their stability and elitebackgrounds. This allows the production of non-GM hybrid seeds in crop plants that are currently mostly non-hybrid such as wheat. Our technology solution is expected to fulfill the highest level of public acceptance and aspiration.
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Economic Development of Canada
VC Fund · Val-d'or, Quebec, Canada · 24 investments in the past 12 months

Economic Development of Canada is providing assistance to enterprises and communities.

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Investment focus

  • Manufacturing, Software, Non Profit
  • Grant, Debt Financing, Funding Round
  • Canada, United States

Portfolio highlights

  • Montréal en Histoires — Montréal en Histoires develops and executes various programmes for Montrealers and tourists to learn and celebrate History.
  • Sacred Fire Productions — We build bridges between Indigenous artists and audiences of all backgrounds, including urban areas, so that these artists can live better from their art.
  • Événements Attractions Québec — Événements Attractions Québec is a non-profit organization that supports tourist attractions, festivals, events, and training activities.
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E-Fund
VC Fund · Vancouver, Alberta, Canada

The E-Fund (VANTEC Entrepreneurs Fund VCC Inc.) was established in 2011 to invest in promising new ventures in British Columbia in a wide range of industry sectors. They are focused on co-investing with other angel investors and early-stage venture capital firms in seed-stage companies with high growth opportunities.The E-Fund involvesspecific investors in the investment due diligence process depending on their industry experience and knowledge and their particular technical expertise. It is their goal to become the ‘Go-to Braintrust’ for active and in-depth angel investing.

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Investment focus

  • Health Care, Medical Device, Software
  • Seed, Pre-Seed, Funding Round
  • Canada, China, United States

Portfolio highlights

  • Frontly — Frontly's no-code internal admin tooling platform empowers businesses to build custom applications to solve their greatest business challenges in minutes without writing a line of code.
  • Care2Talk — Care2Talk is a video call mobile app for senior citizens that is secure, fast, and easy to navigate with 7-day battery life.
  • VoxCell BioInnovation — Creating an extraordinary line of solutions for the drug development industry and the field of Oncology research.
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Sherbrooke Innopole
VC Fund · Sherbrooke, Quebec, Canada

Sherbrooke Innopole is the economic development organization of the City of Sherbrooke which serves the industrial and tertiary-engine sectors. We provide free support to entrepreneurs in the industrial and technological sectors in Sherbrooke towards success.

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Investment focus

  • Manufacturing, Health Care, Biotechnology
  • Seed, Pre-Seed, Funding Round
  • Canada

Portfolio highlights

  • Immugenia — Immugenia is an early-stage immuno-oncology company developing a novel approach to CAR therapy by engineering hematopoietic stem cells to treat cancer and prevent relapses.
  • Calogy Solutions — Calogy Solutions is focused on solving complex industrial thermal management challenges. We leverage our expertise to solve thermal issues and provide novel solutions in diverse industries, notably battery thermal management in electric transport applications.
  • TATUM bioscience — TATUM bioscience is a synthetic biology startup developing synthetic advanced biologics capable of multi-tasking therapeutic activities, packing all the advantages of combination therapy in a single agent to provide safer and more efficient treatments.
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NBIF’s Venture Capital Fund
VC Fund · Fredericton, New Brunswick, Canada · 1 investment in the past 12 months

Our Venture Capital Fund provides New Brunswick start-ups with the seed investment they need to rapidly grow and delivery their products to customers.

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Investment focus

  • Software, Information Technology, Machine Learning
  • Funding Round, Seed, Pre-Seed
  • Canada, United States

Portfolio highlights

  • CareerBeacon — Find new job opportunities across Canada on CareerBeacon. Browse through thousands of job openings from leading employers. Find your ideal fit today.
  • Sonrai Security — Sonrai Security delivers an enterprise security platform for AWS, Azure, Google Cloud, and Kubernetes. The Sonrai Dig platform is built on a sophisticated graph that identifies and monitors every possible relationship between identities and data that exists inside an organization’s public cloud. Dig’s Governance Automation Engine automatesworkflow, remediation, and prevention capabilities across cloud and security teams to ensure end-to-end security.
  • Drinkable — At Drinkable we're passionate about water autonomy. We believe everyone has the right to know what's in their water, so they have the agency to manage their own risks. We've harnessed that passion into the worlds first effortless, affordable, and accurate handheld testing device, that detects drinking water contamination with thepress of a button. With a simple thumbs up/down display you'll know within seconds if your water requires further attention. You can pair our device with your smart phone to receive an expanded contamination report, risk profile, and a treatment plan that's tailored just for you.
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Yaletown Partners
VC Fund · Vancouver, British Columbia, Canada · 3 investments in the past 12 months

Yaletown Partners specializes in investing in software, data, and device technologies. It invests in technology companies that improve industry and enterprise productivity and sustainability, to help accelerate their growth, shorten exit timeframes, and accomplish strong exit premiums.With offices in Vancouver, Calgary, Montréal, and a growingpresence in Toronto, Yaletown is led by a national team that contributes almost 100 years of technology-industry experience and a network of extensive industry relationships.

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Investment focus

  • Software, Enterprise Software, Information Technology
  • Series A, Series B, Funding Round
  • Canada, United States, Belgium

Portfolio highlights

  • ClimateAI — Build climate resilience with accurate insights and actionable recommendations that will give you a competitive edge.
  • GoBolt — Logistics, Simplified. GoBolt is building a sustainable, first-party supply chain network. Delivering an end-to-end customer experience.
  • InnerSpace — InnerSpace is the fastest way to transform your business and power the hybrid workplace strategy. Transforming workplace experience with insights into how people use a space and create innovative solutions that drive revenue and improve operations to hybrid offices.
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Pangaea Ventures
VC Fund · Vancouver, British Columbia, Canada · 5 investments in the past 12 months

Funding materials for our future. Pangaea is the world leader in advanced materials venture capital. We invest in start-up companies using advanced materials to make our world better by creating products to tackle tough problems in hard tech, such as: green chemicals in agriculture, accurately diagnosing a tumor, fragile fibers in airplanes, patients awaiting transplants.

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Investment focus

  • Manufacturing, Biotechnology, Health Care
  • Series A, Series B, Series C
  • United States, Canada, The Netherlands

Portfolio highlights

  • Biodel AG — Discoverer, developer & Manufacturer of Proprietary Biological Solutions for Regenerative Agriculture for use by Commercial Growers, Horticulture, and Homeowners
  • Prime Roots — Prime Roots is on a mission to provide a better cut of meat for every type of eater. Rooted in koji, Prime Roots is able to replicate the taste and texture of meat without any of the environmental costs of animal proteins.
  • Compact Membrane Systems — Compact Membrane Systems specializes in providing scalable membrane solutions for the decarbonization revolution. It develops technology to capture and reduce greenhouse gas emissions, avert global warming, and transform the industry into a long-term sustainable enterprise.
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Natural Gas Innovation Fund
VC Fund · Ottawa, Ontario, Canada

NGIF Capital offers an integrated hybrid model for financing cleantech companies with solutions for the energy sector.

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Investment focus

  • Renewable Energy, Energy, Advanced Materials
  • Funding Round, Series A, Grant
  • Canada

Portfolio highlights

  • Ionomr — Ionomr designs & manufactures advanced ion-exchange polymers & membranes that enable high performance and efficiency in applications like water & wastewater treatment, hydrogen production and advanced energy storage.
  • Ekona Power — Ekona is using methane from feedstock to produce clean hydrogen and electrical power.
  • Validere — Measure and capitalize on emission reductions while improving operations with all-in-one commodity & carbon management platform for oil and gas.
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Kensington Capital Partners Limited
VC Fund · Toronto, Ontario, Canada · 1 investment in the past 12 months

Kensington Capital Partners is an investment firm in the business of wealth creation, providing access to high quality investments for over 25 years.

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Investment focus

  • Software, E-Commerce, SaaS
  • Series B, Funding Round, Private Equity
  • Canada, United States, India

Portfolio highlights

  • Humi — Your all-in-one HR, payroll, insurance, and benefits solution. Give all your employee data a home, pay employees with ease, and streamline your group benefits experience.
  • Vetster — Pet health starts with Vetster. Find and book veterinarians from across North America to provide excellent health care for your pet through video consults. Cats, dogs, reptiles, horses - all pets are welcome.
  • Plus One Robotics — The fastest and most reliable parcel handing robotics solutions in your warehouse.
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Natural Products Canada
VC Fund · Charlottetown, Prince Edward Island, Canada · 1 investment in the past 12 months

Natural Products Canada provides insight, introduction, and investment to help entrepreneurs, corporations, and investors leverage the growing demand for naturally-derived products. It connects industry, investors, researchers, and others to help innovative natural products reach their full potential in the market. The company works with smallcompanies, large and multinational corporations, research institutions, investors, innovation and economic development agencies, and business, and commercialization experts such as IP, marketing, and regulatory consultants. Collaborating with these many stakeholders, the company evaluates products and technologies, helps companies overcome commercialization hurdles, and invest in the opportunities that show the most promise.

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Investment focus

  • Biotechnology, Manufacturing, Food and Beverage
  • Seed, Grant, Series A
  • Canada

Portfolio highlights

  • Dispersa — Harnessing the power of microbe-derived natural solutions to decarbonize the chemicals industry.
  • Partake Brewing — Partake Brewing is the craft non-alcoholic beer brand that focuses on flavor, health, socializing, and inclusivity for people who choose not to drink alcohol whether as a need or increasingly as a lifestyle choice.
  • Impactful Health R&D — Impactful Health R&D is a developer of compostable active packaging materials designed to prolong the shelf life of fresh foods, starting with fresh fish as an entry market. The company's active packaging materials are made of naturally-derived resources and helps in preserving the texture of a fish by maintaining its water content andtargeting bacteria, enabling fish processing companies to reduce wastage of fish.
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Panache Ventures
VC Fund · Montréal, Quebec, Canada · 5 investments in the past 12 months

Canada's leading nationwide pre-seed venture fund.

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Investment focus

  • Software, Information Technology, Artificial Intelligence
  • Seed, Pre-Seed, Series A
  • Canada, United States, Israel

Portfolio highlights

  • Eli — The women's health company providing lifelong insights from your saliva.
  • ODAIA — Empowering Pharma's Next Generation of Engagement with HCPs
  • Reworkd — Assemble, configure, and deploy autonomous AI Agents in your browser.
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Natural Resources Canada
VC Fund · Ottawa, Ontario, Canada

Natural Resources Canada is a company of resources and information about the protection of natural land and water.

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Investment focus

  • Energy, Renewable Energy, Oil and Gas
  • Grant, Series A, Funding Round
  • Canada, Norway, United States

Portfolio highlights

  • Ekona Power — Ekona is using methane from feedstock to produce clean hydrogen and electrical power.
  • Intelligent City — Intelligent City delivers turn-key, prefabricated, mass timber urban housing that is sustainable, affordable and livable.
  • Shell Canada — Learn more about Shell Canada, find the nearest gas station or car wash, get air miles with a BMO MasterCard or start a job search.
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Startup TNT
VC Fund · Edmonton, Alberta, Canada · 1 investment in the past 12 months

Startup TNT is a non-profit organization that emphasizes community building of investors, entrepreneurs and cheerleaders, who gather every week and build friendships before companies. Previously generated more than $3 Million capital for local startups, TNT aims to transform Alberta into Canada's be

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Investment focus

  • Software, Information Technology, Health Care
  • Pre-Seed, Seed
  • Canada, United States

Portfolio highlights

  • Yr Plans — Yr Plans is a developer of a financial platform that offers financial plans for employees.
  • Nimble Science — small intestine sampling technology - Nimble Science
  • Spot Dog Walkers — Spot Dog Walkers offers private, on-leash dog walks. Book a single dog walk or create a custom recurring schedule to fit your needs. Local insured dog walkers in Calgary, Vancouver and Toronto!
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The 51 Ventures
VC Fund · Calgary, Alberta, Canada · 14 investments in the past 12 months

Women-powered capital building the Financial Feminist Economy.

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Investment focus

  • Information Technology, Health Care, Software
  • Seed, Grant, Funding Round
  • Canada, United States

Portfolio highlights

  • Kibbi: Job Search — Kibbi is a mobile app and online job board that provides job seekers with the best opportunities in their local area.
  • Monark — Monark is an on-demand leadership development platform that offers self-led and expert-facilitated programs to help you transform your career.
  • Monark — At the Monark Ventures, we help great ideas live up to their fullest potential. We create, lead, and succeed.
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NGEN Partners
VC Fund · New York, New York, United States

NGEN Partners is an active venture investor committed to backing world class entrepreneurs seeking to change industries through innovation, creativity and the promotion of environmentally sustainable products and services.Founded in 2001, NGEN Partners invests in companies that positively improve the environment and human wellness. We seekentrepreneurs with unique business models and differentiated products and services, capable of rapid growth and sustained profitability. We invest in and alongside these entrepreneurs, helping them grow and sustain category leaders. We invest throughout North America, and have offices in California and New York.

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Investment focus

  • Software, IT
  • Series C
  • United States

Portfolio highlights

  • BrightFarms — BrightFarms is an indoor farming company that specializes in providing locally grown packaged salads. Its salads are tender, pesticide-free, and produced in an indoor, controlled environment, enabling consumers to have a non-GMO salad. BrightFarms operates hydroponic greenhouse farms in the communities it serves, enabling it to eliminate time,distance, and costs from the food supply chain. The company was founded in 2011 and is headquartered in Irvington, New York.
  • Choose Energy — We are committed to making energy choice simple and easy. When we started back in 2008, we had a vision to simplify shopping for the best electricity and natural gas rates, plan terms and renewable energy options. Today, using data and energy expertise, we now manage over a billion dollars in energy bills while delivering the highest qualityservice and saving millions of dollars for people and businesses across America. We take comfort in knowing you and your neighbors are getting the energy plan that’s right for you.
  • Renew Financial — Renew Financial provides financing solutions that help efficiency and renewable energy contractors grow their businesses while promoting energy independence. Its aim is to develop advanced financing designed to transform America’s economy to clean energy. The company’s financing products include PACE financing model and the Warehouse for EnergyEfficiency Loans, which opens the residential energy efficiency finance market to large institutional investors.Founded in 2008 by Cisco DeVries, Renew Financial has a partnership with SolarCity targeted at small- and medium-sized businesses utilizing PACE.
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Island Capital Partners
VC Fund · 2 investments in the past 12 months

Island Capital Partners is an early stage venture capital fund that is in the business of investing in high potential Prince Edward Island entrepreneurs and startups.

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Investment focus

  • Software, Other, Manufacturing
  • Seed, Pre-Seed, Funding Round
  • Canada, Ireland

Portfolio highlights

  • PayTic — PayTic enables payments issuers to manage their card programs by providing dedicated back-office solutions that streamline the end-to-end operations in customer support, chargebacks, fraud, AML, reporting, and reconciliation. Our proprietary solutions are unique in automating and centralizing the program management processes, regardless of thenumber of processors and the payment networks involved in the payments products. We impact payments providers by eliminating the defragmented and manual processes and replacing them with a SaaS platform that increases proactivity, mitigates risks, and delivers value. It reduces the burn rate to near 0 in operational costs and offers an unprecedented competitive advantage. PayTic is introducing the Zero Ops model in managing payments.
  • Dear Life — Dear Life is a free online tool for you to capture and share the story of your life and your loved ones. Sign up now to create your free Lifestream.
  • SalesRight — Close deals faster with Interactive Quotes: designed to clearly show SaaS pricing and give the analytics you need to close deals faster.
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