# Top 50 Renewable Energy VC (Venture Capital) Funds in Canada in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| New Brunswick Innovation Foundation | 6 | Canada, United States | Seed, Grant | Software, Information Technology, Analytics |
| Export Development Canada | 5 | Canada, United States, India | Series B, Series A | Software, Renewable Energy, Manufacturing |
| Chrysalix Venture Capital | 4 | United States, Canada, The Netherlands | Series B, Series A | Energy, Manufacturing, CleanTech |
| VantagePoint Capital Partners | 4 | United States, Canada, Sweden | Series B, Series C | Software, Manufacturing, Internet |
| Innovacorp | 4 | Canada, Australia, United States | Seed, Grant | Software, Information Technology, Health Care |
| Natural Gas Innovation Fund | 4 | Canada | Series A, Grant | Renewable Energy, Energy, Advanced Materials |
| Sustainable Development Technology Canada | 4 | Canada, United States, Brazil | Grant, Seed | Energy, Manufacturing, Software |
| BDC Venture Capital | 3 | Canada, United States, Japan | Series A, Seed | Software, Information Technology, Internet |
| ArcTern Ventures | 3 | Canada, United States, United Kingdom | Series A, Series B | Energy, Software, Renewable Energy |
| MaRS Investment Accelerator Fund | 3 | Canada, United States | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, SaaS |
| Ontario Centres of Excellence | 3 | Canada, United States | Seed, Grant, Pre-Seed | Software, Information Technology, Health Care |
| NBIF’s Venture Capital Fund | 3 | Canada, United States | Seed, Pre-Seed | Software, Information Technology, Machine Learning |
| WUTIF | 3 | Canada | Seed, Pre-Seed, Series A | Health Care, Software, Biotechnology |
| Business Development Bank of Canada | 3 | Canada, United States, Argentina | Series A, Seed | Software, Information Technology, Manufacturing |
| Grosvenor Food & AgTech | 3 | United States, United Kingdom, Canada | Series C, Series B | Food and Beverage, Agriculture, Biotechnology |
| Anges Quebec | 3 | Canada, Spain, United States | Seed, Angel | Health Care, Software, Artificial Intelligence |
| National Research Council Canada | 3 | Canada | Grant, Pre-Seed | Software, Health Care, Artificial Intelligence |
| Cycle Capital | 2 | Canada, United States, Germany | Series B, Seed | Manufacturing, Energy, Electronics |
| Alberta Innovates | 2 | Canada, United States, Singapore | Grant, Seed, Pre-Seed | Energy, Oil and Gas, CleanTech |
| Fika Ventures | 2 | United States, Canada | Seed, Series A, Series B | Software, SaaS, Information Technology |
| Island Capital Partners | 2 | Canada, Ireland | Seed, Pre-Seed | SaaS, Information Technology, Software |
| Real Ventures | 2 | Canada, United States | Seed, Series A, Series B | Software, Artificial Intelligence, Machine Learning |
| Government of Canada | 2 | Canada, United States, Germany | Grant, Debt Financing | Manufacturing, Health Care, Biotechnology |
| SaskWorks Venture Fund | 2 | Canada, United States | Seed, Post-IPO Equity | Oil and Gas, Energy, Manufacturing |
| High Park Angels | 2 | Canada, United States | Pre-Seed, Seed, Angel | Information Technology, Software, Internet of Things |
| Baker Hughes | 2 | United States, Chile, Spain | Series A, Corporate Round | Energy, Renewable Energy, Manufacturing |
| Garage Capital | 2 | Canada, United States, United Kingdom | Seed, Series A, Pre-Seed | Software, Information Technology, Internet |
| Canadian Shield Capital | 2 | Canada | Series A, Convertible Note | Energy, Software, CleanTech |
| Government of Alberta | 2 | Canada, United States | Grant, Seed, Pre-Seed | Artificial Intelligence, Oil and Gas, Service Industry |
| Version One Ventures | 2 | United States, Canada, United Kingdom | Seed, Series A, Series B | Software, Internet, Blockchain |
| Chevron Technology Ventures | 2 | United States, Canada, United Kingdom | Series B, Series A | Energy, Software, Oil and Gas |
| Active Impact Investments | 2 | Canada, United States | Seed, Series A, Pre-Seed | Software, SaaS, CleanTech |
| My Climate Journey Collective | 2 | United States, United Kingdom, Kenya | Seed, Series A, Series B | Renewable Energy, Energy, Software |
| The 51 Ventures | 2 | Canada, United States | Seed, Grant | Information Technology, Health Care, Software |
| Shell Ventures | 2 | United States, United Kingdom, Norway | Series A, Series B | Energy, Renewable Energy, Software |
| Apollo Projects | 2 | United States, United Kingdom, Canada | Seed, Pre-Seed, Series B | Software, Environmental Engineering, Productivity Tools |
| Investeco Capital | 2 | Canada, United States | Seed, Series B | Food and Beverage, Organic Food, Manufacturing |
| NGEN Partners | 2 | United States, Canada | Series B, Series C | Energy, Manufacturing, Renewable Energy |
| The Atmospheric Fund (TAF) | 2 | Canada | Series A, Convertible Note | Energy, Software, CleanTech |
| EnerTech Capital | 2 | United States, Canada, Israel | Series B, Series C | Energy, Software, Manufacturing |
| Sensata Technologies | 2 | Canada, United States | Series A, Series B, Series C | Internet of Things, Artificial Intelligence, Software |
| VA Angels | 2 | Canada, United States, India | Seed, Debt Financing | Health Care, Software, Information Technology |
| Red Thread Ventures | 2 | Canada, Israel | Seed, Pre-Seed, Post-IPO Equity | Health Care, E-Commerce, Biotechnology |
| Western Economic Diversification Canada | 1 | Canada, Sri Lanka, United States | Debt Financing, Grant, Seed | Software, Health Care, Information Technology |
| Fondaction | 1 | Canada, United States, France | Private Equity, Debt Financing | Manufacturing, Information Technology, Software |
| NVIDIA | 1 | United States, Israel, India | Seed, Series B, Series C | Artificial Intelligence, Software, Machine Learning |
| Rhapsody Venture Partners | 1 | United States, Canada, United Kingdom | Seed, Series A | Biotechnology, Industrial Engineering, Mechanical Engineering |
| Microsoft Climate Innovation Fund | 1 | United States, Luxembourg, Kenya | Series B, Series A | Software, Renewable Energy, Energy |
| BP Ventures | 1 | United States, United Kingdom, India | Series A, Series B | Energy, Renewable Energy, Manufacturing |
| Caisse de Depot et Placement du Quebec | 1 | Canada, United States, India | Private Equity, Post-IPO Equity | Software, Manufacturing, Health Care |

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