Best Energy Companies in Montreal, Canada
The 41 best Energy companies in Montreal, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Energir.
Our analysis of 50 Energy companies
$8.2b in tracked funding; 81% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Energy companies in Montreal
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Energir Provider of natural gas and renewable energy solutions 72Funding top 26%Tech top 26%Growth top 35%Market top 39% All 6 signals ▾Fundingtop 26% Techtop 26% Growthtop 35% Markettop 39% Globalbottom 29% Newsbottom 24% Funding: Raised $575M · 3 rounds over 22 yrs (0.1/yr) Tech: 64 technologies across 5/8 capability areas · Cloud: Amazon S3, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 72/100 | $575M | 23 mo ago | Late Stage | — | 1957 | WordPressMySQLSalesforce+25 | — | — |
| 2 | WSP Platform that offers corporate and career solutions 69Tech top 23%News top 28%Product top 31%Talent top 31% All 13 signals ▾Techtop 23% Newstop 28% Producttop 31% Talenttop 31% Fundingtop 33% Growthtop 34% Markettop 40% Fin. healthtop 44% Patentstop 46% Innovationtop 48% Moatbottom 49% Globalbottom 46% Customersbottom 42% Tech: 74 technologies across 5/8 capability areas · Cloud: Akamai, Amazon Alb News: 31 BI events in 12 mo (of 211 tracked, 10 types) · -37% YoY rank vs industry peers · Fliar Intelligence Index 69/100 | $62M | 16 mo ago | Acquired | Alexandre L’Heureux CEO | 1959 | Apple iCloud MailMicrosoft 365Ruby+24 | 17 patents Railway control and monitoring systems, including brake calculation, cable management, and data repositories | 1 award |
| 3 | Pow.re Developer of electricity transmission based utility projects | $27M | 42 mo ago | Series A | Ian Descoteaux Co-Founder | 2019 | — | — | — |
| 4 | Eocycle Small wind turbine manufacturer 55Innovation top 19%Moat top 32%Patents top 36%Product top 36% All 10 signals ▾Innovationtop 19% Moattop 32% Patentstop 36% Producttop 36% Fundingtop 40% Techtop 43% Growthtop 45% Talentbottom 49% Globalbottom 37% Marketbottom 35% Innovation: 32 patents (top 19% of patent-holders) · 5 product lines Moat: Editorial + unicorn rating 4/10 · IP moat: 32 patents rank vs industry peers · Fliar Intelligence Index 55/100 | $24M | 28 mo ago | Series A | Richard Legault President & CEO | 2000 | WordPressMySQLPHP+31 | 32 patents Patents concentrated in electrical & electronics | 2 launchs |
| 5 | Gastem Provider of website development and maintenance services | $18M | 200 mo ago | Public | Raymond Savoie CEO | 2002 | — | — | — |
| 6 | Crevier Supplier of gasoline and diesel | $10M | 143 mo ago | Acquired | Emile Crevier Founder | 1945 | PHPSalesforceCodeIgniter+9 | — | — |
| 7 | Marmott Energies Provides geothermal systems for homes | $740K | 134 mo ago | Seed | Nathalie H. Tremblay Founder and President | 2010 | — | — | — |
| 8 | StarCore Nuclear Developer of cutting-edge small modular reactors 8Tech top 49%Funding bottom 44%Global bottom 25%Market bottom 14% All 4 signals ▾Techtop 49% Fundingbottom 44% Globalbottom 25% Marketbottom 14% Tech: 29 technologies across 3/8 capability areas · Cloud: Cloudflare Funding: Raised $50.0k across 1 rounds · 1 rounds over 1 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 8/100 | $50K | 6 mo ago | Seed | — | 2008 | WordPressMySQLPHP+26 | — | — |
Top 12 Energy companies in Montreal
#1
Late Stage · Montreal, Montreal · founded 1957 · 1006 employees$575Mraised▾
Provider of natural gas and renewable energy solutions. This company distributes natural gas, offering services to residential, multi-residential, and business clients. They also provide renewable energy options, including renewable natural gas and support for energy efficiency initiatives through subsidies and programs. Additional services encompass liquefied natural gas and bi-energy solutions combining electricity and natural gas. The company also offers training programs related to gas technology.
#2
Acquired · Montreal, Montreal · founded 1959 · 6914 employees$62.5Mraised▾
Platform that offers corporate and career solutions. It fetaures sustainability, health and safety, investors, whistleblowing services, corporate governance, and more. It offers multiple job opportunities for job seekers such as associate consultant, project manager, project coordinator and more.
#3
Seed · Montreal, Quebec · founded 2008 · 5 employees$50Kraised▾
Operator of a Canadian nuclear energy company intended to develop small modular reactors using high-temperature gas-cooled reactor technology. The company offers small-scale, safe, affordable, and carbon-free power production in remote communities throughout Canada and the world.
- Feb 2026Seed$50K
#4
Series A · Montreal, Montreal · founded 2000 · 24 employees$24.5Mraised▾
Eocycle Technologies develops, manufactures and commercializes worldwide the EOCYCLE 25, a state-of-the-art 25 kW direct-drive non-geared wind turbine for distributed wind energy applications. The company claims that its patented Transverse Flux Permanent Magnet (TFPM) generator technology, is capable of achieving – in a smaller and lighter package – much higher torque and power at lower rotational speeds than competing technologies.
- Apr 2024Series A$20M
- Apr 2024Conventional Debt$5M
- Mar 2013Seed$4.5M
#5
Series A · Montreal, Montreal · founded 2019 · 10 employees$27.2Mraised▾
Developer of electricity transmission based utility projects
#6
Public · Montreal, Montreal · founded 2002$17.9Mraised▾
Provider of website development and maintenance services. This company offers services related to building and maintaining websites. Their services likely include website design, development, hosting, and ongoing technical support. The error message suggests a problem with their WordPress installation, indicating a need for ongoing maintenance and updates to ensure website functionality. They may also offer content management system (CMS) support and other related services to keep websites running smoothly.
- Dec 2009Post IPO$5.9M
- Apr 2008Post IPO$10.2M
- Dec 2006Post IPO$1.1M
- May 2006Post IPO$626.8K
#7
Acquired · Montreal, Montreal · founded 1945 · 64 employees$10Mraised▾
Supplier of gasoline and diesel
#8
Seed · Montreal, Quebec · founded 2023$20Kraised▾
Citera is an AI-driven energy analytics platform that provides decision support for real estate acquisition and operations. Their intelligent solution simplifies energy tracking for properties, driving positive environmental impacts.
- 2024Seed$20K
#9
Seed · Montreal, Montreal · founded 2010 · 5 employees$740Kraised▾
Provider of geothermal energy services intended to offer an economical alternative to energy solutions that use polluting energies. The company provides turnkey geothermal heating systems that use pipes that are inserted into wells and are used to circulate coolants, enabling homeowners to benefit from heating services at reduced monthly energy bills and initial investment.
#10
Funding Raised · Montreal, Montreal · founded 1944 · 16723 employees—raised▾
Producer and distributor of hydroelectric power
#11
Seed · Montreal, Quebec · founded 2011—raised▾
Manufacturer of offshore wind turbine and solar panel installation services for renewable energy storage services
- Nov 2023Seed—
#12
Late Stage · Montreal, Montreal · founded 1891 · 41 employees—raised▾
Supplier of electricity
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Energy coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Grid Energy Storage is moving in Canada
A read on the academic research around Grid Energy Storage — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1,087 Canada-affiliated papers.
- Ministry of Education193
- University of Waterloo118
- University of Alberta69
- Western University46
- University of Toronto44
- Electrolyte4→59
- Cathode1→54
- Battery (electricity)11→59
- Anode1→49
- Renewable energy2→42
- Renewable energy7→101
- Battery (electricity)13→90
- Electrolyte4→45
- Photovoltaic system3→42
- Electrochemistry5→43
- Renewable energy1→22
- Battery (electricity)3→23
- Cathode1→13
- Electrolyte3→14
- Nanotechnology4→13
Where energy storage 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 energy storage patents in Canada
Canada energy storage patent filing is accelerating — 487 filings from 278 assignees (2016–2025), led by Hydrostor, Invinity Energy Systems Canada, Transocean Sedco Forex Ventures; annual filings 17→56.
- Hydrostor100
- Invinity Energy Systems Canada23
- Transocean Sedco Forex Ventures20
- Saint Augustin Canada Electric18
- Aspin KEMP & ASS Holding16
- PEAK Power16
- Agora Energy TECH15
- Avalon Battery Canada13