Bioenergy · Canada, India

Best Bioenergy Companies in Canada

Updated 2026-06-22 · Ranked by funding & momentum

84 indexable Bioenergy companies headquartered in Canada, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $1.7B across 22 funded companies.

84
Companies
$1.7B
Total Funding
22
Funded
0
Unicorns
1
Rounds (90d)

Ranked: Best Bioenergy companies in Canada

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Sawa Energy
Manufacturer of pastries and confectioneries
$12.9M Series A Conventional Debt Apr 2026 2011 ↑ Active
2 Char Technologies
Provider of environmental services
$21.9M Public Post IPO May 2025 25 2011 ↑ Active
3 EverGen
Developer of bioenergy projects
$8M Public Post IPO Apr 2025 32 2020 ↑ Active
4 Conifex Timber
Producer of lumber and renewable energy from sawmill operations
$17.2M Public Post IPO Jan 2025 258 2008 ↑ Active
5 Stormfisher
Provider of organic waste, energy, and water recycling services
$372.1M Acquired PE Mar 2024 50 2006
6 Anaergia
Provider of organic waste into renewable fuel services
$45.8M Public Post IPO Jul 2024 91 1982 ↑ Active
7 Airex Energy
Provider of biomass torrefaction technology development services
$40.5M Series D Series D May 2024 26 2008
8 Ontario Power Generation
Provider of nuclear and hydro power generation services
$891.1M Funding Raised Conventional Debt Feb 2021 6,956 1999
9 Loamist
Loamist is a climate tech startup that helps biomaterial and clean tech startups source reliable and tested carbon neutral and carbon negative feedstocks
$1M Seed Grant (prize money) Jan 2025 2023 ↑ Active
10 Prairie Clean Energy
Producer of wood pellets and transform agricultural waste into renewable biomass fuel
$561.3K Seed Seed Jan 2025 2020 ↑ Active
11 BIOX Corp
Biodiesel manufacturer
$70M Acquired Venture Debt Nov 2007 50 2000
12 Iogen
Iogen Corporation specializes in carbon-negative fuel production technology that converts agricultural waste into clean fuels for a Net Zero world.
$62M Late Stage PE 2007 1 1974
13 Agrisoma
Carinata oil seed producer
$32.8M Series C Series C Mar 2018 16 2001
14 Nexterra Systems
Provider of waste gasification system services
$35M Series F Series F May 2011 31 2003
15 Viridis Energy
Manufacturer and distributor of wood pellets and investor in cryptocurrency markets
$17.2M Public Grant (prize money) May 2014 26 2009
16 Cellufuel
Provider of curated luxury travel experiences with renowned tastemakers
$7.6M Deadpooled Grant (prize money) Apr 2016 1 2012
17 Alter NRG
Waste to Energy technology developer
$11M Acquired Post IPO Jan 2013 20 2007
18 Greenlane Renewables
Firm is engaged in renewable energy and waste management industry
$4.5M Public Post IPO Dec 2020 121 1986
19 Greenfield
Bioethanol and co product manufacturer
$7.5M Acquired Grant (prize money) Mar 2011 454 1989
20 Sustane's technology
Provider of biofuel pellets recycling services from waste
$2.6M Series A Series A Jul 2017 9 2014
21 Linnaeus
Developer of genetically modified plant for use in production of oil
$1.7M Funding Raised Grant (prize money) Mar 2015 1997
22 Syntec Biofuel
Provider of online sports betting rankings and recommendations
$145K Deadpooled Angel Oct 2009 2 2001
23 TUGLIQ
Manufacturer of offshore wind turbine and solar panel installation services for renewable energy storage services
Seed Seed Nov 2023 2011
24 Xebec Adsorption
Manufacturer of gas purification, compression, and filtration equipment
Public Grant (prize money) Oct 2021 600 1967
25 Pinnacle Renewable Energy
Wood pellet producer
Acquired Conventional Debt Jun 2019 480 1989
26 Berq RNG
Developer of renewable natural gas projects from various organic waste sources
Acquired Series A Apr 2019 8 2015
27 Mercer International
Provider of bio-chemicals & pulp
Public Conventional Debt Dec 2018 3,320 1883
28 Consolidated Biofuels
Manufacturer of biodiesel, methyl ester, and diesel exhaust fluid
Series A Series A Oct 2018 2008
29 Pacific BioEnergy
Wood pellet fuels manufacturer
Deadpooled PE Jul 2017 24 1994
30 Biomass Secure Power
Torrefied biomass briquettes producer
Public Post IPO Mar 2014 1989
31 ecoTECH Energy Group
CHP systems manufacturer
Deadpooled Feb 2012 1991
32 Advonex International
Renewable diesel producer
Deadpooled 4 2012
33 Agrienergie
Production of renewable energy from farm waste
Unfunded 2 2019
34 AirScience Technologies
Producer of bio-fuel and bio-mass
Acquired 20 1993
35 Assured Renewables
Russian oil and gas exploration, production, and sales company
Unfunded 2016
36 Azaad Energy
Biogas manufacturers
Deadpooled 2015
37 Barsam Clean Energy
Provider of gas purification and downstream services
Unfunded 2021
38 BASE
Provider of a packaged air handling system for fully integrated ventilation solutions
Unfunded 2010
39 BC Biocarbon
Bio-refining and green energy production company
Funding Raised 12 2011
40 BDR Technologies
Provider of patented membrane reactor technology for biodiesel production
Funding Raised 2007
41 bio-en power
Bio-En Power designs, builds, and operates a biogas plant.
Private 5 2005
42 BIO-LIQ
Biodiesel producer
Deadpooled 2010
43 BioCRUDE Technologies
Provider of waste management company that designs, builds, finances, and operates integrated waste management plants based on waste to energy
Unfunded 28 2007
44 BioPower
Manufacturer of wood pellets based in Canada
Unfunded 2017
45 Candaxa Energy
Developer of renewable diesel
Deadpooled 2015
46 Chapleau Cogeneration Acquired 14 1987
47 CORE BioFuel
Bioethanol technology licensor and developer
Deadpooled 2008
48 Dairy Distillery Private 22 2017
49 Eco Oils
Producer of biodiesel
Deadpooled 2016
50 Electrigaz
Provider of design and equipment solutions for food and feed processing
Unfunded 2005

Top 12 Bioenergy companies in Canada

#1
Sawa Energy Series A
$12.9M Raised
expand_more
location_onCalgary, Alberta
Founded
2011
Funding raised
$12.9M
Stage
Series A

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 cust

Funding rounds (2 disclosed of 3)
Round Date Amount
Conventional Debt Apr 2026 $10M
Series A Oct 2025 $2.9M
Seed Jan 2024 Undisclosed
Tech stack
bootstrapgoogle cloudgoogle cloud cdngoogle workspacegsaphsts+8
#2
$21.9M Raised
expand_more
location_onToronto, Ontario
Founded
2011
Employees
25
Funding raised
$21.9M
Stage
Public

Provider of environmental services

Funding rounds (9 disclosed of 9)
Round Date Amount
Post IPO May 2025 $1.4M
Post IPO Nov 2024 $2.4M
Grant (prize money) Mar 2024 $5.2M
Post IPO Jul 2023 $5M
Grant (prize money) Jun 2022 $2.2M
Grant (prize money) Aug 2021 $235.8K
3 earlier rounds — sign up free
Founders & key people
Tech stack
bootstrapgoogle analyticsgoogle cloudgoogle cloud cdngsaphsts+10
#3
EverGen Public
$8M Raised
expand_more
location_onVancouver, British Columbia
Founded
2020
Employees
32
Funding raised
$8M
Stage
Public

Developer of bioenergy projects

Funding rounds (4 disclosed of 4)
Round Date Amount
Post IPO Apr 2025 $5.1M
Grant (prize money) Jun 2023 $7.9M
Conventional Debt Mar 2021 $9M
Series A Mar 2021 $8M
#4
$17.2M Raised
expand_more
location_onVancouver, British Columbia
Founded
2008
Employees
258
Funding raised
$17.2M
Stage
Public

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 c

Funding rounds (3 disclosed of 4)
Round Date Amount
Post IPO Jan 2025 Undisclosed
Post IPO Mar 2017 $4.9M
Post IPO Dec 2014 $12M
Post IPO Dec 2012 $338K
Tech stack
animate.csscloudflarecloudflare bot managementcore-jselementorfacebook pixel+14
#5
Stormfisher Acquired
$372.1M Raised
expand_more
location_onLondon, Ontario
Founded
2006
Employees
50
Funding raised
$372.1M
Stage
Acquired

Provider of organic waste, energy, and water recycling services

Funding rounds (2 disclosed of 2)
Round Date Amount
PE Mar 2024 $22.1M
PE Feb 2008 $350M
Tech stack
cart functionalitychart.jscloudflarecloudflare bot managementcloudflare browser insightscloudflare rocket loader+14
#6
Anaergia Public
$45.8M Raised
expand_more
location_onBurlington, Ontario
Founded
1982
Employees
91
Funding raised
$45.8M
Stage
Public

Provider of organic waste into renewable fuel services

Funding rounds (3 disclosed of 3)
Round Date Amount
Post IPO Jul 2024 $10.8M
Post IPO Jan 2024 $30.7M
PE Oct 2013 $45.8M
Tech stack
akismetapple icloud mailbootstrapbugherdcdnjscloudflare+14
#7
Airex Energy Series D
$40.5M Raised
expand_more
location_onLaval, Quebec
Founded
2008
Employees
26
Funding raised
$40.5M
Stage
Series D

Provider of biomass torrefaction technology development services

Funding rounds (3 disclosed of 4)
Round Date Amount
Series D May 2024 Undisclosed
Series B Mar 2023 $27.5M
Series A Feb 2017 $10M
Seed Jun 2014 $3M
Tech stack
apache http servercdnjscloudflarecore-jselementorgodaddy+14
#8
Ontario Power Generation Funding Raised
$891.1M Raised
expand_more
location_onToronto, Ontario
Founded
1999
Employees
6,956
Funding raised
$891.1M
Stage
Funding Raised

Provider of nuclear and hydro power generation services

Funding rounds (2 disclosed of 3)
Round Date Amount
Conventional Debt Feb 2021 $391.1M
Conventional Debt Jan 2019 $500M
Conventional Debt Jun 2018 Undisclosed
Tech stack
apache http serverazureazure front doorbackbone.jsbeaver builderbootstrap+14
#9
Loamist Seed
$1M Raised
expand_more
location_onCanada
Founded
2023
Funding raised
$1M
Stage
Seed

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 (2 disclosed of 2)
Round Date Amount
Grant (prize money) Jan 2025 $3.9M
Seed Feb 2024 $1M
#10
$561.3K Raised
expand_more
location_onRegina, Saskatchewan
Founded
2020
Funding raised
$561.3K
Stage
Seed

Producer of wood pellets and transform agricultural waste into renewable biomass fuel

Funding rounds (2 disclosed of 2)
Round Date Amount
Seed Jan 2025 $381.3K
Grant (prize money) Jul 2023 $180K
#11
BIOX Corp Acquired
$70M Raised
expand_more
location_onHamilton, Ontario
Founded
2000
Employees
50
Funding raised
$70M
Stage
Acquired

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 (3 disclosed of 3)
Round Date Amount
Venture Debt Nov 2007 $14M
Series C Aug 2006 $48M
Series C $22M
#12
Iogen Late Stage
$62M Raised
expand_more
location_onOttawa, Ontario
Founded
1974
Employees
1
Funding raised
$62M
Stage
Late Stage

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 & key people
Tech stack
godaddyhstsjqueryjsdelivrmicrosoft 365open graph+2

Recent signals in Canada Bioenergy

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Funding & investor landscape

Total raised
$1.7B
across these companies
Companies funded
22
with disclosed funding
Highest-funded
$891.1M raised

Most active investors

Sustainable Development Technology Canada Sustainable Development Technology Canada 9 investments in Bioenergy ARC Financial ARC Financial 2 investments in Bioenergy BDC BDC 2 investments in Bioenergy Berq Capital Berq Capital 2 investments in Bioenergy Bioindustrial Innovation Canada Bioindustrial Innovation Canada 2 investments in Bioenergy Birch Hill Equity Partners Birch Hill Equity Partners 2 investments in Bioenergy Canadian Space Agency Canadian Space Agency 2 investments in Bioenergy Cycle Capital Cycle Capital 2 investments in Bioenergy Foresight Foresight 2 investments in Bioenergy Goldman Sachs Goldman Sachs 2 investments in Bioenergy Innovacorp Innovacorp 2 investments in Bioenergy Invest Quebec Invest Quebec 2 investments in Bioenergy

Notable founders in Canada Bioenergy

PR Phil Rickard Founder & President Sawa Energy · $12.9M raised
DR Dan Rickard CEO Sawa Energy · $12.9M raised
Andrew White Andrew White CEO Char Technologies · $21.9M raised
KS Kenneth Shields Chairman & CEO Conifex Timber · $17.2M raised
BH Brett Hodson CEO Anaergia · $45.8M raised
AO Assaf Onn CEO Anaergia · $45.8M raised
AB Andrew Benedek CEO & Chairman Anaergia · $45.8M raised
Pete Christensen Pete Christensen Co-Founder Loamist · $1M raised
AM Andy Miller Co-Founder & CEO Loamist · $1M raised
TT Trevor Thomas Founder Prairie Clean Energy · $561.3K raised
Mark Cooper Mark Cooper CEO Prairie Clean Energy · $561.3K raised
BF Brian Foody CEO Iogen · $62M raised

Frequently asked 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.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-22.

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