Radar · Bioenergy in Canada
Best Bioenergy Companies in Canada
The 84 best Bioenergy companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Ontario Power Generation.
By Rohit KhannaTrends & Stories
84companies tracked
$1.7Bdisclosed funding
0unicorns
25have raised
Sources & further reading
- Bioenergy Market in the Renewable Electricity Industry to grow by USD
Ranked: Best Bioenergy companies in Canada
| # | Company | Disclosed funding | Last round | Employees | Founder | Stage | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Ontario Power Generation Provider of nuclear and hydro power generation services | $891M | 64 mo ago | 6,956 | — | Funding Raised | 4 signals ▼50% Earnings · Regulatory · Contracts | 13 patents Power plant condition monitoring via ultrasonic inspection and electrical current/relay sensing | 1 job opening |
| 2 | Stormfisher Provider of organic waste, energy, and water recycling services | $372M | 27 mo ago | 50 | — | Acquired | — | — | 2 job openings · 1 partnership |
| 3 | BIOX Corp Biodiesel manufacturer | $70M | 223 mo ago | 50 | — | Acquired | — | 3 patents Single‑phase biodiesel (FAME) synthesis from mixed triglycerides and fatty acids | — |
| 4 | Iogen Iogen Corporation specializes in carbon-negative fuel production technology that converts agricultural waste… | $62M | 228 mo ago | 1 | Brian Foody CEO | Late Stage | — | 307 patents Advanced biogas upgrading, low‑carbon hydrogen, and renewable fuel production technologies. | — |
| 5 | Anaergia Provider of organic waste into renewable fuel services | $46M | 23 mo ago | 91 91 → 226 (+148%) | Brett Hodson CEO | Public | 30 signals Contracts · Earnings · Announcements | 26 patents Patents concentrated in chemistry & materials | 4 job openings |
| 6 | Airex Energy Provider of biomass torrefaction technology development services | $41M | 25 mo ago | 26 | Ias Michel Gagnon Icd Chief Executive Officer | Series D | — | — | — |
| 7 | Nexterra Systems Provider of waste gasification system services | $35M | 180 mo ago | 31 | — | Series F | — | 17 patents Biomass-to-syngas conversion with clean gas production and temperature control | — |
| 8 | Agrisoma Carinata oil seed producer | $33M | 99 mo ago | 16 | — | Series C | — | 4 patents Engineering plant artificial chromosomes for genetic modification and trait integration | — |
| 9 | Char Technologies Provider of environmental services | $22M | 13 mo ago | 25 | Andrew White CEO | Public | — | — | — |
| 10 | Conifex Timber Producer of lumber and renewable energy from sawmill operations | $17M | 17 mo ago | 258 | Kenneth Shields Chairman & CEO | Public | — | — | 1 job opening |
| 11 | Viridis Energy Manufacturer and distributor of wood pellets and investor in cryptocurrency markets | $17M | 145 mo ago | 26 | — | Public | — | — | — |
| 12 | Sawa Energy Manufacturer of pastries and confectioneries 37Growth top 35%Talent top 38%Funding top 41%News top 43% All 8 signals ▾Growthtop 35% Talenttop 38% Fundingtop 41% Newstop 43% Partnerstop 45% Techbottom 47% Globalbottom 38% Marketbottom 25% Growth: Fresh capital in last 24 mo Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 37/100 | $13M | 2 mo ago | — | Phil Rickard Founder & President | Series A | 3 signals Funding | — | 1 job opening |
| 13 | Alter NRG Waste to Energy technology developer | $11M | 160 mo ago | 20 | Walter Howard CEO | Acquired | — | 69 patents Plasma waste‑to‑energy conversion and high‑pressure self‑cleaning fluid handling systems. | — |
| 14 | EverGen Developer of bioenergy projects | $8M | 14 mo ago | 32 | — | Public | 9 signals Funding · Announcements · Earnings | — | — |
| 15 | Cellufuel Provider of curated luxury travel experiences with renowned tastemakers | $8M | 122 mo ago | 1 | Christopher Hooper President & CEO | Deadpooled | — | — | — |
| 16 | Greenfield Bioethanol and co product manufacturer | $8M | 183 mo ago | 454 | Howard Field President And Chief Executive Officer | Acquired | — | 28 patents Converts alcohols into synthetic jet fuel via catalytic biofuel synthesis processes. | 2 awards |
| 17 | Greenlane Renewables Firm is engaged in renewable energy and waste management industry | $4M | 66 mo ago | 121 | Brad Douville CEO | Public | 4 signals ▼76% Contracts · Announcements · Earnings | — | — |
| 18 | Sustane's technology Provider of biofuel pellets recycling services from waste | $3M | 106 mo ago | 9 | — | Series A | — | — | 1 job opening |
| 19 | Linnaeus Developer of genetically modified plant for use in production of oil | $2M | 135 mo ago | — | Jack Grushcow Founder & CEO | Funding Raised | — | — | — |
| 20 | Loamist Loamist is a climate tech startup that helps biomaterial and clean tech startups source reliable and tested… | $1M | 17 mo ago | — | Pete Christensen Co-Founder | Seed | — | — | — |
| 21 | Prairie Clean Energy Producer of wood pellets and transform agricultural waste into renewable biomass fuel | $561K | 17 mo ago | — | Trevor Thomas Founder | Seed | — | — | — |
| 22 | Syntec Biofuel Provider of online sports betting rankings and recommendations | $145K | 200 mo ago | 2 | Lawrence Wong CEO & President | Deadpooled | — | 2 patents Mo/Co bimetallic catalysts for syngas conversion to lower aliphatic alcohols | — |
Top 12 Bioenergy companies in Canada
#1
Series A · Calgary, Alberta · founded 2011$12.9Mraised▾
Series A · Calgary, Alberta · founded 2011
Manufacturer of pastries and confectioneries. This company produces a wide variety of sweets, including Arabic and Western pastries, appetizers, and desserts. It also offers fresh juices and chocolates. The company maintains high quality standards, utilizing its own quality control laboratories and adhering to relevant health and safety regulations. A focus on competitive pricing ensures accessibility to a broad customer base. The company continually updates its product lines to reflect current trends in the food industry and employs advanced technology in its production processes.
Fliar Intelligence Index™ 37how this company ranks against its industry peers
Growth
top 35%Talent
top 38%Funding
top 41%News
top 43%Partners
top 45%Tech
bottom 47%Growth: Fresh capital in last 24 mo
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $12.9M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) · Last round Conventional Debt (Apr 2026)
Audience (LinkedIn): 3k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Business Development Manager
Funding rounds
- Apr 2026Conventional Debt$10M
- Oct 2025Series A$2.9M
- Jan 2024Seed—
Founders & team
Investors
Renew Capital, ElectriFI, Oikocredit, Global Climate Partnership Fund, Rimba Capital
Tech stack
BootstrapGoogle CloudGoogle Cloud CdnGoogle WorkspaceGsapHsts
#2
Public · Toronto, Ontario · founded 2011 · 25 employees$21.9Mraised▾
Public · Toronto, Ontario · founded 2011 · 25 employees
Provider of environmental services
LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers
Funding rounds
- May 2025Post IPO$1.4M
- Nov 2024Post IPO$2.4M
- Mar 2024Grant (prize money)$5.2M
- Jul 2023Post IPO$5M
Founders & team
Investors
ArcelorMittal, Government of Canada, Canadian Space Agency, Natural Gas Innovation Fund, Thebmigroup, Sustainable Development Technology Canada
Tech stack
BootstrapGoogle AnalyticsGoogle CloudGoogle Cloud CdnGsapHsts
#3
Public · Vancouver, British Columbia · founded 2020 · 32 employees$8Mraised▾
Public · Vancouver, British Columbia · founded 2020 · 32 employees
Developer of bioenergy projects
LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Activity: 1 partnerships (incl. FortisBC Energy Inc.) announced in 12 mo
Funding rounds
- Apr 2025Post IPO$5.1M
- Jun 2023Grant (prize money)$7.9M
- Mar 2021Conventional Debt$9M
- Mar 2021Series A$8M
Investors
Natural Resources Canada, Ask America LLC, Reddick Wellington
#4
Public · Vancouver, British Columbia · founded 2008 · 258 employees$17.2Mraised▾
Public · Vancouver, British Columbia · founded 2008 · 258 employees
Producer of lumber and renewable energy from sawmill operations. It manufactures high-quality lumber products and generates clean renewable energy using sawmill residuals. Sustainable logging practices are employed, focusing on biodiversity and ecosystem benefits. The company also invests in a safe work culture and sustainable economic opportunities for its workforce. A commitment to environmental sustainability is central to its operations.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Sivicculture Superintendent
Funding rounds
- Jan 2025Post IPO—
- Mar 2017Post IPO$4.9M
- Dec 2014Post IPO$12M
- Dec 2012Post IPO$338K
Founders & team
Tech stack
Animate.CssCloudflareCloudflare Bot ManagementCore-JsElementorFacebook Pixel
#5
Acquired · London, Ontario · founded 2006 · 50 employees$372.1Mraised▾
Acquired · London, Ontario · founded 2006 · 50 employees
Provider of organic waste, energy, and water recycling services
LinkedIn Pulse recent public activity · Jul 2026
Audience: 9k LinkedIn followers — 2.8% of this cohort's audience
Hiring: 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Director, Health & Safety, Directeur/Directrice, Santé et Sécurité
Activity: 1 partnerships announced in 12 mo
Funding rounds
- Mar 2024PE$22.1M
- Feb 2008PE$350M
Investors
Denham Capital, ARC Financial, MaRS Discovery District, Berq Capital, Unreasonable
Tech stack
Cart FunctionalityChart.JsCloudflareCloudflare Bot ManagementCloudflare Browser InsightsCloudflare Rocket Loader
#6
Public · Burlington, Ontario · founded 1982 · 91 employees$45.8Mraised▾
Public · Burlington, Ontario · founded 1982 · 91 employees
Provider of organic waste into renewable fuel services
LinkedIn Pulse recent public activity · Jul 2026
Audience: 24k LinkedIn followers — 7.1% of this cohort's audience
Hiring: 4 hiring posts in 12 mo (public) · momentum +4 · hiring: Research & Development Engineer I, Manager, Commercial Operations EMEA
Funding rounds
- Jul 2024Post IPO$10.8M
- Jan 2024Post IPO$30.7M
- Oct 2013PE$45.8M
Founders & team
Investors
Marny, Macquarie, Tandem Expansion Fund, Global H2O Investments, Sustainable Development Technology Canada
Tech stack
AkismetApple Icloud MailBootstrapBugherdCdnjsCloudflare
#7
Series D · Laval, Quebec · founded 2008 · 26 employees$40.5Mraised▾
Series D · Laval, Quebec · founded 2008 · 26 employees
Provider of biomass torrefaction technology development services
LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Funding rounds
- May 2024Series D—
- Mar 2023Series B$27.5M
- Feb 2017Series A$10M
- Jun 2014Seed$3M
Founders & team
Investors
Cycle Capital, Sustainable Development Technology Canada, Desjardins-Innovatech, TECHNOCLIMAT, SUEZ, Invest Quebec
Tech stack
Apache Http ServerCdnjsCloudflareCore-JsElementorGodaddy
#8
Funding Raised · Toronto, Ontario · founded 1999 · 6956 employees$891.1Mraised▾
Funding Raised · Toronto, Ontario · founded 1999 · 6956 employees
Provider of nuclear and hydro power generation services
LinkedIn Pulse recent public activity · Jul 2026
Audience: 192k LinkedIn followers — 56.8% of this cohort's audience · 100 engagements/post (5.3× cohort median)
Hiring: 1 hiring post in 12 mo (public) · hiring: Information technology (IT) specialists
Funding rounds
- Feb 2021Conventional Debt$391.1M
- Jan 2019Conventional Debt$500M
- Jun 2018Conventional Debt—
Investors
National Bank Financial Wealth Management, TD Securities, RBC Dominion Securities, CIBC World Markets, Scotiabank, HSBC
Tech stack
Apache Http ServerAzureAzure Front DoorBackbone.JsBeaver BuilderBootstrap
#9
Seed · Canada · founded 2023$1Mraised▾
Seed · Canada · founded 2023
Loamist is a climate-tech startup that helps biomaterial and clean tech startups source reliable and tested carbon neutral and carbon negative feedstocks. They aim to increase the utilization of waste biomass with their software.
Funding rounds
- Jan 2025Grant (prize money)$3.9M
- Feb 2024Seed$1M
Founders & team
Investors
Third Sphere, VoLo Earth Ventures, Woven Earth, United States Department of Agriculture
#10
Seed · Regina, Saskatchewan · founded 2020$561.3Kraised▾
Seed · Regina, Saskatchewan · founded 2020
Producer of wood pellets and transform agricultural waste into renewable biomass fuel
Funding rounds
- Jan 2025Seed$381.3K
- Jul 2023Grant (prize money)$180K
Founders & team
Investors
Innovationsask, Startup TNT
#11
Acquired · Hamilton, Ontario · founded 2000 · 50 employees$70Mraised▾
Acquired · Hamilton, Ontario · founded 2000 · 50 employees
BIOX Corporation operates a 67 million litre per annum biodiesel plant and produces biodiesel from a wide array of feedstocks. Their production process converts both triglycerides and FFA in less than 90 minutes.
Funding rounds
- Nov 2007Venture Debt$14M
- Aug 2006Series C$48M
- Series C$22M
Investors
Birch Hill Equity Partners, Wellington Financial, VentureLink Funds, Avrio Sub Debt, Monteco
#12
Late Stage · Ottawa, Ontario · founded 1974 · 1 employees$62Mraised▾
Late Stage · Ottawa, Ontario · founded 1974 · 1 employees
Iogen Corporation is a leading biotechnology firm specializing in cellulosic ethanol. They develop, manufacture, and market enzymes used in the processing of clean-burning, renewable cellulosic biofuels.
Founders & team
Investors
Goldman Sachs, BEST Funds, Tier One Capital
Tech stack
GodaddyHstsJqueryJsdelivrMicrosoft 365Open Graph
Funding & investor landscape
$1.7Btotal disclosed funding
22companies funded
66disclosed rounds
1rounds last 90 days
Most active investors
Goldman Sachs2 rounds
Notable founders
Phil Rickard
Founder & President · Sawa Energy
Dan Rickard
CEO · Sawa Energy
Andrew White
CEO · Char Technologies
Kenneth Shields
Chairman & CEO · Conifex Timber
Francis McKenna
Director · Anaergia
Brett Hodson
CEO · Anaergia
Ias Michel Gagnon Icd
Chief Executive Officer · Airex Energy
Pete Christensen
Co-Founder · Loamist
Andy Miller
Co-Founder & CEO · Loamist
Trevor Thomas
Founder · Prairie Clean Energy
Mark Cooper
CEO · Prairie Clean Energy
Brian Foody
CEO · Iogen
Prism market signals · Canada · country-scoped Prism corpus, 8,163,049 docs
Market landscape — 10 sub-themes by coverage
Share of Bioenergy coverage by sub-theme.
Regulatory-risk over time flat
Funding & growth over time
funding flat · growth flat
RESEARCH SIGNALS · Canada
How research on Bioenergy & Biofuels is moving in Canada
A read on the academic research around Bioenergy & Biofuels — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 869 Canada-affiliated papers.
research sentiment over time
200820212026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 45% → 49% across 2008–2026.
top research entities
- University of British Columbia80
- University of Saskatchewan79
- University of Alberta60
- Toronto Metropolitan University56
- Natural Resources Canada46
leading researchers
Ajay K. Dalai · Sonil Nanda · Edmund Mupondwa · Lope G. Tabil · Venu Babu Borugadda · Évelyne Thiffault · Quan He · Tim Dumonceaux
▲
Breakthroughs97 · 11%
▲ 8%→12% share
▲1.5× share momentum2 median citations87% since 2021mostly methods-led
Breakthroughs are rising (8%→12% of field), led by Biodiesel.
rising sub-themes (early→recent)
- Biodiesel2→12
- Raw material1→10
- Biodiesel production2→8
- Transesterification1→6
Newly emergingBiomass (ecology) 0→24 · Waste management 0→11 · Production (economics) 0→9
Landmark Non-Edible Plant Oils as New Sources for Biodiesel Production · 326 cites
◆
Advancements495 · 57%
▲ 39%→59% share
▲1.5× share momentum5 median citations86% since 2021mostly empirical
Advancements are rising (39%→59% of field), led by Biomass (ecology).
rising sub-themes (early→recent)
- Biomass (ecology)12→134
- Pulp and paper industry8→69
- Biodiesel3→52
- Raw material4→52
- Waste management2→49
Newly emergingCatalysis 0→28 · Diesel fuel 0→25 · Biodiesel production 0→23
Landmark Biofuels from Microalgae · 1,084 cites
▼
Concerns165 · 19%
▼ 27%→18% share
▼0.7× share momentum7 median citations79% since 2021mostly empirical
Concerns are cooling (27%→18% of field), led by Biomass (ecology).
rising sub-themes (early→recent)
- Biomass (ecology)8→49
- Greenhouse gas5→29
- Renewable energy4→24
- Waste management2→16
- Fossil fuel3→17
Newly emergingBiochemical engineering 0→7 · Agroforestry 0→6 · Bio-energy with carbon capture and storage 0→5
Landmark Corn-based ethanol production compromises goal of reducing nitrogen export by the Mississippi River · 407 cites
RESEARCH HOTSPOTS · Canada
Where bioenergy biofuels is researched across Canada
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Vancouver11 · +0.34
Edmonton/Calgary8 · +0.45
Montreal7 · +0.41
PATENT SIGNAL · Canada
Who's filing bioenergy biofuels patents in Canada
Canada bioenergy biofuels patent filing is accelerating — 6 filings from 34 assignees (2017–2025), led by Exxonmobil RES & ENG, UNIV Western Ontario, Poirier Marc-andre; annual filings 1→2.
6 filings34 assigneespeak 2/yr2017–2025
filing momentum (YoY 2017–2025)
top patent filers
- Exxonmobil RES & ENG2
- UNIV Western Ontario2
- Poirier Marc-andre2
- LANG Alexander S1
- Marathon OIL Canada1
- Cheung HOI KI1
- Kazim ANAM1
- Noorman MIKE T1
Common questions
How many Bioenergy companies are there in Canada?
Radar tracks 84 indexable Bioenergy companies headquartered in Canada that meet our profile-completeness bar.
What is the total funding raised by Bioenergy companies in Canada?
The Bioenergy companies in Canada on this list have raised a combined $1.7B in disclosed equity funding across 22 funded companies.
Which is the highest-funded Bioenergy company in Canada?
Ontario Power Generation is the highest-funded Bioenergy company in Canada, with $891.1M in disclosed equity funding.
How many Bioenergy companies in Canada are funded?
22 of the 84 Bioenergy companies in Canada on this list have disclosed at least one equity funding round.
How many Bioenergy unicorns are there in Canada?
None of the Bioenergy companies in Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Canada Bioenergy companies?
The most active investors in Canada Bioenergy companies on this list include Sustainable Development Technology Canada, ARC Financial, BDC, Berq Capital, Bioindustrial Innovation Canada.
Rohit KhannaTrends & Stories
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.