Best Chemicals and Materials Tech Companies in Ontario, Canada
The 70 best Chemicals and Materials Tech companies in Ontario, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: GaN Systems.
Our analysis of 50 Chemicals and Materials Tech companies
$4.4b in tracked funding; 79% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Chemicals and Materials Tech companies in Ontario
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | GaN Systems Manufacturer of semiconductor and system solutions for various application areas | $220M | 55 mo ago | 200 | — | WordPressSentryMySQL+33 | 155 patents GaN power semiconductor devices and advanced thermal/packaging solutions for high‑current switching | — |
| 2 | Otilu Mionics Developer of advanced materials for electronics, displays, and quantum computing | $55M | 43 mo ago | 54 | Michael Helander President & CEO | WordPressApple iCloud MailGoogle Workspace+12 | — | — |
| 3 | Nicoya Life Provider of hyperspectral optical microscopes for surface analysis | $35M | 54 mo ago | 105 | — | WordPressUnbounceElementor+36 | — | 2 launchs |
| 4 | Comet Bio Technology developer for conversion of wood & wheat into cellulosic glucose syrup | $25M | 59 mo ago | 36 | Andrew Richard Chief Technology Officer & Founder | WordPressMySQLPHP+29 | — | — |
| 5 | EcoSynthetix Bio-based binder polymers | $21M | 172 mo ago | 26 | — | WordPressPleskMySQL+20 | 56 patents Starch-based extruded binders for paper production and wood‑composite adhesive technologies. | — |
| 6 | Grafoid Graphene research, development & investment company | $18M | 116 mo ago | 17 | — | — | 39 patents Graphene-enhanced filtration media and carbon-based anode materials for energy storage | — |
| 7 | Mirexus Biotechnologies Safe & Natural polysaccharide based Nanomaterials | $17M | 102 mo ago | — | Phil Whiting President & CEO | — | — | — |
| 8 | Spiderwort Developer of plant-based biomaterials for repair and regeneration of tissues | $16M | 47 mo ago | 19 | — | — | 60 patents Advanced biomaterials and microfabricated scaffolds for tissue engineering and medical devices | — |
| 9 | Mirexus Manufacturer of biopolymer-based nanoparticles | $16M | 102 mo ago | 7 | John Dutcher Co-Founder | — | — | — |
| 10 | erthos Developer of plant-based plastic alternatives | $11M | 32 mo ago | 24 | Chang Dong Co-Founder & CTO | — | 25 patents Biodegradable polymer blends (starch/elastomer) and AI-driven material design for sustainable plastics | — |
| 11 | Genecis Developer of onsite food waste management systems 35Funding top 34%Moat top 48%Product top 49%Innovation bottom 46% All 8 signals ▾Fundingtop 34% Moattop 48% Producttop 49% Innovationbottom 46% Techbottom 46% Marketbottom 42% Globalbottom 39% Newsbottom 18% Funding: Raised $10.3M across 7 rounds · 7 rounds over 9 yrs (0.8/yr) Moat: Editorial + unicorn rating 5/10 · 10 curated direct competitors tracked rank vs industry peers · Fliar Intelligence Index 35/100 | $10M | 12 mo ago | 49 | — | Cart FunctionalitySquarespace CommerceSquarespace+15 | — | — |
| 12 | Imtex Membranes Membrane-based technology solution provider for separation of gas | $10M | 73 mo ago | 22 | Glenn Towe CEO & President | — | 52 patents Facilitated transport membranes for gas separation and liquid replenishment in modular systems | — |
| 13 | Gratomic Developer of graphene-based nanomaterials | $9M | 36 mo ago | 12 | Arno Brand Co CEO | — | — | — |
| 14 | QD Solar Developer pof quantum dot-based photovoltaic cells | $8M | 51 mo ago | 12 | — | — | 12 patents Surface‑engineered colloidal quantum dots for high‑efficiency solution‑processed photovoltaics | — |
| 15 | Nfinite Nanotechnology Provider of anti-abrasion nanocoatings | $7M | 25 mo ago | 10 | Jhi L Co-Founder | WixSentryBootstrap+11 | 13 patents Atomic layer deposition of ultra‑thin functional coatings on flexible substrates and related powder‑exhaust management. | — |
| 16 | Aduro Clean Technologies Provider of water-based chemical recycling systems | $5M | 24 mo ago | — | Marcus Trygstad Co-Founder | ButterCMSNode.jsReact+22 | 10 patents Catalytic chemolysis of low‑value polymer feedstocks into higher‑value fuels and chemicals | 1 partnership |
| 17 | Chemical.AI AI-driven tools for chemical synthesis and retrosynthesis | $5M | 43 mo ago | 150 | Xia Ning Founder & CEO | Cart FunctionalitySquarespace CommerceSquarespace+16 | 20 patents Carbon nanotube production methods and apparatus for scalable nanomaterial synthesis | 1 job opening · 1 launch |
| 18 | AlterBiota Manufacturer of bio-graphene additives for the concrete industry 10Funding bottom 49%Talent bottom 49%Product bottom 40%Tech bottom 36% All 6 signals ▾Fundingbottom 49% Talentbottom 49% Productbottom 40% Techbottom 36% Globalbottom 32% Marketbottom 19% Funding: Raised $4.0M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 10/100 | $4M | 25 mo ago | 8 | Mark Masotti President & CEO | WordPressMySQLPHP+16 | — | — |
| 19 | Ceragen Manufacturer and supplier of microbe-based crop nutrition biologicals 14Moat top 45%Funding top 47%Patents bottom 49%Talent bottom 49% All 8 signals ▾Moattop 45% Fundingtop 47% Patentsbottom 49% Talentbottom 49% Innovationbottom 46% Globalbottom 37% Techbottom 27% Marketbottom 20% Moat: Editorial + unicorn rating 5/10 · IP moat: 4 patents Funding: Raised $3.8M across 3 rounds · 3 rounds over 5 yrs (0.6/yr) rank vs industry peers · Fliar Intelligence Index 14/100 | $4M | 23 mo ago | 8 | Danielle Rose CEO | Cart FunctionalitySquarespace CommerceSquarespace+10 | 4 patents Formulation and application of microbial inoculants for agricultural plant health | — |
| 20 | Evercloak Developer of membrane technology for energy-saving humidity control and other applications | $2M | 23 mo ago | 14 | Evelyn Allen CEO | — | 15 patents Graphene‑oxide composite membranes for filtration and dehumidification applications | — |
| 21 | ALT TEX Provider of solutions to convert food waste into textiles | $1M | 45 mo ago | 10 | Myra Arshad Founder & CEO | WordPressMySQLPHP+22 | — | — |
| 22 | Myant The company develops AI-optimized health solutions using textile computing | $1M | 61 mo ago | — | Tony Chahine Founder & CEO | WordPressApple iCloud MailGoogle Workspace+24 | 184 patents Integrated textile-based biometric and physiological sensing for smart garments | 1 partnership |
| 23 | GreenCore Composites Manufacturer of natural fiber reinforced thermoplastic materials. | $850K | 166 mo ago | 2 | Wayne Maddever CEO | — | — | — |
| 24 | Biosenta Manufacturer of anti-microbial filler designed to prevent the growth of microbes | $811K | 25 mo ago | 1 | Bruce Lewis CEO | — | 28 patents Manufacturing core‑shell calcium hydroxide/calcium carbonate particles for construction and soil amendment | — |
| 25 | Phaseshift Online metal design and development solutions for the manufacturing sector | $775K | 41 mo ago | 4 | Abu Anand Co-Founder | — | — | — |
| 26 | Agri-Neo Provider of organic food pasteurization technology | $541K | 106 mo ago | 37 | — | WordPressMySQLPHP+16 | 46 patents Seed and grain sanitization chemicals for pathogen control and flavor improvement | — |
| 27 | Alchemy Nano Nanotechnology-based thin film solutions for auto applications | $420K | 9 mo ago | 17 | — | WebflowApple iCloud MailGoogle Workspace+9 | — | 3 job openings · 1 launch |
| 28 | Susglobal Energy Provider of organic bio-fertilizer and organic waste management services | $393K | 103 mo ago | 5 | Marc Hazout Co-Founder | — | — | — |
| 29 | Neurescence Provider of miniature microscope for imaging multiple regions of the brain | $350K | 61 mo ago | 10 | — | — | 15 patents Compact medical optical imaging and lens‑fiber focusing connectors for diagnostic devices | — |
Top 12 Chemicals and Materials Tech companies in Ontario
#1
Series A · Toronto, Ontario · founded 2016 · 49 employees$10.3Mraised▾
Developer of onsite food waste management systems. It develops modular food waste treatment systems for on-site application. The machines convert food waste into volatile fatty acids which can be then sold to a variety of industries including pharmaceutical, biofuel, and biodegradable plastics. It plans to supply its products to restaurants and large kitchens.
- Jun 2025Series A$750K
- Dec 2024Series A$851.6K
- Mar 2023Series A$3.3M
- Aug 2022Conventional Debt$3M
#2
Series A · Kitchener, Ontario · founded 2013 · 17 employees$420Kraised▾
Alchemy provides advanced nanotechnology-based thin film solutions for auto applications in windshields. It started with sprayable anti-frost coatings technology & expanded to its current ExoShield technology solutions. This solution is its proprietary multi-layer nano-composites sandwiched into a thin, transparent film with a size which is slightly thicker than an average human hair. It claims to provide benefits like lower fuel usage, reduced maintenance cost and increased productivity.
- Sep 2025Series A$6M
- Oct 2015Seed$300K
- Jan 2015Seed$120K
#3
Seed · Kitchener, Ontario · founded 2021 · 8 employees$3.8Mraised▾
Manufacturer and supplier of microbe-based crop nutrition biologicals. It offers microbe-based products that replenish plants with ample amounts of nutrients, promote plant growth, and make them disease-resistant. The product offering includes plant acetate that reduces yellowing of leaves, reduces heat resistance.
- Jul 2024Seed$3.6M
- Dec 2021Grant (prize money)$100K
- Oct 2021Seed$250K
#4
Seed · Waterloo, Ontario · founded 2018 · 14 employees$2Mraised▾
Developer of membrane technology for energy-saving humidity control and other applications. The company focuses on creating technologies using advanced materials. It aims to transform industries through a manufacturing platform for membranes. The initial application is in building cooling, addressing energy use and emissions. The technology delivers refrigerant-free solutions that reduce costs and carbon emissions. The platform has potential applications in energy storage, electronics, and sustainable packaging.
- Jul 2024Grant (prize money)$1.1M
- Feb 2024Seed$2M
- Jul 2020Grant (prize money)—
- Feb 2019Seed$30K
#5
Acquired · Ottawa, Ontario · founded 2008 · 200 employees$220Mraised▾
Manufacturer of semiconductor and system solutions for various application areas. The company provides a range of products, including microcontrollers, memories, power management solutions, and sensor technology. These products serve applications such as automotive, industrial, consumer electronics, and information and communication technology. The company also offers design resources, support, and training for its products.
- Nov 2021Series B$150M
- Dec 2019Series B—
- Dec 2017Series B—
- Jul 2017Series B—
#6
Seed · Waterloo, Ontario · founded 2021 · 10 employees$6.8Mraised▾
Provider of anti-abrasion nanocoatings. It develops technology that can deposit uniform and conformal ultrathin films at ambient temperature and pressure. Its features include controlled thickness and composition. It can be applied over silicon wafers, glasses, plastics, metals, membranes, and fabric surfaces.
- May 2024Seed$6.5M
- May 2024Grant (prize money)—
- Sep 2022Seed—
- Sep 2022Seed$250K
#7
Public · Sarnia, Ontario · founded 2012$4.8Mraised▾
Provider of water-based chemical recycling systems. The company offers Hydrochemolytic Plastics Upcycling - a water-based chemical conversion process, that allows promotion and control of the chemistries applicable to different types of plastic, Hydrochemolytic Bitumen Upgrading - a water-based chemical conversion process, that improves the physical and chemical properties of heavy crudes, and Hydrochemolytic Renewables Upgrading - a water-based chemical conversion process, that reduces costs and emissions & changes renewable oils into drop-in fuels.
- Jun 2024Post IPO—
- Mar 2023Post IPO—
- Jul 2022Post IPO$1.4M
- Mar 2022Post IPO$1.2M
#8
Series B · Toronto, Ontario · founded 2011 · 54 employees$55Mraised▾
Developer of advanced materials for electronics, displays, and quantum computing. The company focuses on materials for transparent displays, under panel sensors, and under display cameras. It uses computational chemistry, high performance computing, and machine learning for materials design. The company also offers materials synthesis, scale-up, and production testing. It applies its materials to OLED displays and self-assembly patterning. The company provides expertise in OLED materials, application engineering, and process development.
- Oct 2022Series B$55M
- Aug 2020Series A—
- Feb 2015Grant (prize money)$5.7M
#9
Series A · Mississauga, Ontario · founded 2018 · 24 employees$11.2Mraised▾
Developer of plant-based plastic alternatives. It provides users with a platform for manufacturing polymers which are completely biodegradable. It also provides users with polypropylene grade management, casting and moulding management, and packaging solutions.
- Sep 2023Series A$6.5M
- Jun 2020Grant (prize money)$2.8M
- Dec 2019Seed$4.3M
#10
Seed · Toronto, Ontario · founded 2018 · 8 employees$4Mraised▾
AlterBiota manufactures nanotechnology-based additives/admixtures for concrete. Its eco-friendly admixtures increase the strength of concrete.
- May 2024Seed$4M
#11
Public · Toronto, Ontario · founded 2007 · 12 employees$9.3Mraised▾
Developer of graphene-based nanomaterials. It provides users with carbon-neutral, eco-friendly, and high-grade vein graphite. It is also used for developing industrial lubricants and special rust-proof coatings.
- May 2023Post IPO$454.5K
- Mar 2023Post IPO$19.9K
- Feb 2023Post IPO—
- Sep 2022Post IPO$2M
#12
Series A · Kitchener, Ontario · founded 2012 · 105 employees$35Mraised▾
Provider of hyperspectral optical microscopes for surface analysis. It offers a personalized device for the measurement and characterization of biomolecular interactions. Its surface plasmon resonance sensor enables interactions between proteins, antibodies, DNA, RNA, peptides, polymers, and more to be studied with nanoscale resolution.
- Dec 2021Series A$15.5M
- Jun 2020Grant (prize money)$221K
- Jan 2020Series A$10M
- May 2019Conventional Debt—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Chemicals and Materials Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Advanced Materials is moving in Canada
A read on the academic research around Advanced Materials — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 207 Canada-affiliated papers.
- Ministry of Education37
- University of Alberta18
- University of British Columbia17
- University of Waterloo15
- Concordia University15
- Smart material2→18
- Actuator2→11
- Nanotechnology4→7
- Composite material1→4
- Shape-memory alloy2→4
- Piezoelectricity3→4
- Smart material3
- Biomimetic materials3
- Shape-memory polymer2
- Dissipation2
- Pellets1
Where advanced materials 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.
Who's filing advanced materials patents in Canada
Canada advanced materials patent filing is accelerating — 5,032 filings from 3,713 assignees (2016–2025), led by Schlumberger CA, Schlumberger Technology, Novelis; annual filings 473→483.
- Schlumberger CA364
- Schlumberger Technology363
- Novelis362
- NAT RES Council Canada296
- RIO Tinto Alcan INT241
- Dwave SYS238
- D WAVE Systems190
- CA NAT Research Council189
Common questions
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.