Radar Companies Energy · Montreal
Radar · Energy in Montreal

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.

41companies tracked
$717.9Mdisclosed funding
0unicorns
5have raised
FLIAR INTELLIGENCE · ENERGY × MONTREAL

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.

50companies analysed
81%cloud-native stacks
2025funding peak (by rounds)
2010median founding year
43median Fliar Index™
1.2Mcombined LinkedIn audience
98%of audience held by top 3
3companies hiring publicly (12 mo)

Ranked: Best Energy companies in Montreal

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1Energir
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
$575M23 mo agoLate Stage1957WordPressMySQLSalesforce+25
2WSP
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
$62M16 mo agoAcquiredAlexandre L’Heureux
CEO
1959Apple iCloud MailMicrosoft 365Ruby+2417 patents
Railway control and monitoring systems, including brake calculation, cable management, and data repositories
1 award
3Pow.re
Developer of electricity transmission based utility projects
$27M42 mo agoSeries AIan Descoteaux
Co-Founder
2019
4Eocycle
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
$24M28 mo agoSeries ARichard Legault
President & CEO
2000WordPressMySQLPHP+3132 patents
Patents concentrated in electrical & electronics
2 launchs
5Gastem
Provider of website development and maintenance services
$18M200 mo agoPublicRaymond Savoie
CEO
2002
6Crevier
Supplier of gasoline and diesel
$10M143 mo agoAcquiredEmile Crevier
Founder
1945PHPSalesforceCodeIgniter+9
7Marmott Energies
Provides geothermal systems for homes
$740K134 mo agoSeedNathalie H. Tremblay
Founder and President
2010
8StarCore 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
$50K6 mo agoSeed2008WordPressMySQLPHP+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.

Fliar Intelligence Index™ 72how this company ranks against its industry peers
Funding
top 26%
Tech
top 26%
Growth
top 35%
Market
top 39%
Global
bottom 29%
News
bottom 24%
Funding: Raised $575M · 3 rounds over 22 yrs (0.1/yr) · Last round Unattributed (Sep 2024)
Tech: 64 technologies across 5/8 capability areas · Cloud: Amazon S3, Amazon Web Services · Observability: Dynatrace, Microsoft Clarity
Growth: Fresh capital in last 24 mo
Investors
CDPQ, Fonds de solidarite FTQ
Tech stack
Amazon S3Amazon Web ServicesAxiosAzureAzure MonitorBlitz
#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.

Fliar Intelligence Index™ 69how this company ranks against its industry peers
Tech
top 23%
News
top 28%
Product
top 31%
Talent
top 31%
Funding
top 33%
Growth
top 34%
Tech: 74 technologies across 5/8 capability areas · Cloud: Akamai, Amazon Alb · Devops: Varnish
News: 31 BI events in 12 mo (of 211 tracked, 10 types) · -37% YoY · 8 high-value events (IPO/M&A/funding/contracts) in 12 mo
Product: 6 published apps (26.4k installs) · Company stage: Acquired
Audience (LinkedIn): 1.1M LinkedIn followers — 96.5% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Founders & team
Alexandre L’HeureuxCEOChristopher ColeChairman of BoardMartine FerlandBoard of Director
Investors
Europa, CDPQ, Ukri, U.S. Department of Transportation, United States Department of Agriculture, Military Health
Tech stack
Animate.CssAosApple Icloud MailAzureAzure Front DoorBootstrap
#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.

Fliar Intelligence Index™ 8how this company ranks against its industry peers
Tech
top 49%
Funding
bottom 44%
Global
bottom 25%
Market
bottom 14%
Tech: 29 technologies across 3/8 capability areas · Cloud: Cloudflare · Security: Cloudflare Bot Management, Http/3
Funding: Raised $50.0k across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Seed (Feb 2026)
Global: Single-market focus (Canada)
Audience (LinkedIn): 644 LinkedIn followers
Funding rounds
  • Feb 2026Seed$50K
Tech stack
Anime.JsCloudflareCloudflare Bot ManagementCore-JsElementorGoogle Analytics
#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.

Fliar Intelligence Index™ 55how this company ranks against its industry peers
Innovation
top 19%
Moat
top 32%
Patents
top 36%
Product
top 36%
Funding
top 40%
Tech
top 43%
Innovation: 32 patents (top 19% of patent-holders) · 5 product lines
Moat: Editorial + unicorn rating 4/10 · IP moat: 32 patents
Patents: 32 patents matched (strict assignee match) · Latest publication 2016 · 2 distinct CPC technology classes
Audience (LinkedIn): 4k LinkedIn followers
Activity (LinkedIn): 2 product launches · 1 expansions announced in 12 mo
Funding rounds
  • Apr 2024Series A$20M
  • Apr 2024Conventional Debt$5M
  • Mar 2013Seed$4.5M
Founders & team
Richard LegaultPresident & CEO
Investors
Export Development Canada, Fonds de solidarite FTQ, Invest Quebec, Sustainable Development Technology Canada, Cycle Capital
Tech stack
CloudflareCloudflare Bot ManagementCore-JsDiviFacebook PixelFont Awesome
#5
Series A · Montreal, Montreal · founded 2019 · 10 employees
$27.2Mraised

Developer of electricity transmission based utility projects

Founders & team
Ian DescoteauxCo-Founder
Investors
Haru, Trinito, RFD Capital
#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.

Funding rounds
  • Dec 2009Post IPO$5.9M
  • Apr 2008Post IPO$10.2M
  • Dec 2006Post IPO$1.1M
  • May 2006Post IPO$626.8K
Founders & team
Raymond SavoieCEO
Investors
Fraser Mackenzie Merchant Capital, National Bank Financial Wealth Management, Research Capital, Questerre Energy, Bearbeech Capital Partners
Tech stack
WordpressMysqlPhpContact Form 7Jquery MigrateJquery
#7
Acquired · Montreal, Montreal · founded 1945 · 64 employees
$10Mraised

Supplier of gasoline and diesel

Founders & team
Emile CrevierFounder
Investors
CDPQ
Tech stack
ActivecampaignAddthisApache Http ServerCodeigniterCore-JsCrazy Egg
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 382 LinkedIn followers
Funding rounds
  • 2024Seed$20K
Founders & team
Daniel LavinskasFounder & CEO
Investors
Techstars
#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.

Founders & team
Nathalie H. TremblayFounder and President
Investors
Anges Quebec
#10
Funding Raised · Montreal, Montreal · founded 1944 · 16723 employees
raised

Producer and distributor of hydroelectric power

Investors
Europa, Military Health
Tech stack
AddtoanyAlgoliaAmazon CloudfrontAmazon S3Amazon Web ServicesAngular
#11
Seed · Montreal, Quebec · founded 2011
raised

Manufacturer of offshore wind turbine and solar panel installation services for renewable energy storage services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Hiring: 2 hiring posts in 12 mo (public) · hiring: Adjoint.e administratif.ve, Chargé.e de Projet
Funding rounds
  • Nov 2023Seed
Founders & team
Laurent AbbatielloPresident and Chief Executive Officer
Investors
Invest Quebec
Tech stack
CloudflareCloudflare Browser InsightsContact Form 7Google Font ApiGoogle WorkspaceHttp/3
#12
Late Stage · Montreal, Montreal · founded 1891 · 41 employees
raised

Supplier of electricity

LinkedIn Pulse recent public activity · Jul 2026
Audience: 7k LinkedIn followers
Founders & team
Alex JohnstonCEO
Investors
Pamlico Capital
Tech stack
CdnjsCloudflareCloudflare Bot ManagementCore-JsGoogle AnalyticsGoogle Font Api

Funding & investor landscape

$717.9Mtotal disclosed funding
9companies funded
10disclosed rounds
0rounds last 90 days
Most active investors
CDPQ3 rounds
Europa2 rounds
Fonds de solidarite FTQ2 rounds
Invest Quebec2 rounds
Military Health2 rounds
Anges Quebec1 rounds
Bearbeech Capital Partners1 rounds
CPP Investments1 rounds
Cycle Capital1 rounds
EIG Global Energy Partners1 rounds

Notable founders

Alexandre L’Heureux
CEO · WSP
Christopher Cole
Chairman of Board · WSP
Richard Legault
President & CEO · Eocycle
Ian Descoteaux
Co-Founder · Pow.re
Raymond Savoie
CEO · Gastem
Emile Crevier
Founder · Crevier
Daniel Lavinskas
Founder & CEO · Citera
Nathalie H. Tremblay
Founder and President · Marmott Energies
Laurent Abbatiello
President and Chief Executive Officer · TUGLIQ
Alex Johnston
CEO · CEATI
Prism market signals · Canada · country-scoped Prism corpus, 8,342,543 docs

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

RESEARCH SIGNALS · Canada

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.

research sentiment over time
201220202026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 56% → 65% across 2012–2026.
top research entities
  • Ministry of Education193
  • University of Waterloo118
  • University of Alberta69
  • Western University46
  • University of Toronto44
leading researchers
İbrahim Dinçer · Innocent Kamwa · Linda F. Nazar · Karim Zaghib · Kankar Bhattacharya · Claudio A. Cañizares · Da Li · Weichen Zhao
Breakthroughs379 · 35%
▲ 28%→37% share
▲1.3× share momentum1 median citations90% since 2021mostly methods-led
Breakthroughs are rising (28%→37% of field), led by Electrolyte.
rising sub-themes (early→recent)
  • Electrolyte4→59
  • Cathode1→54
  • Battery (electricity)11→59
  • Anode1→49
  • Renewable energy2→42
Newly emergingAqueous solution 0→25 · Capacitor 0→25 · Faraday efficiency 0→19
Landmark Sulfur Cathodes Based on Conductive MXene Nanosheets for High‐Performance Lithium–Sulfur Batteries · 1,175 cites
Advancements510 · 47%
▲ 42%→47% share
▲1.1× share momentum2 median citations87% since 2021mostly methods-led
Advancements are rising (42%→47% of field), led by Renewable energy.
rising sub-themes (early→recent)
  • Renewable energy7→101
  • Battery (electricity)13→90
  • Electrolyte4→45
  • Photovoltaic system3→42
  • Electrochemistry5→43
Newly emergingThermal energy storage 0→50 · Energy (signal processing) 0→28 · Thermal 0→23
Landmark Recent Advances and Prospects of Cathode Materials for Sodium‐Ion Batteries · 1,107 cites
Concerns125 · 11%
11%→11% share
▲1.0× share momentum8 median citations82% since 2021mostly reviews
Concerns are cooling (11%→11% of field), led by Renewable energy.
rising sub-themes (early→recent)
  • Renewable energy1→22
  • Battery (electricity)3→23
  • Cathode1→13
  • Electrolyte3→14
  • Nanotechnology4→13
Newly emergingEnergy (signal processing) 0→11 · Environmental economics 0→8 · Thermal energy storage 0→7
Landmark The Emerging Chemistry of Sodium Ion Batteries for Electrochemical Energy Storage · 2,032 cites
RESEARCH HOTSPOTS · Canada

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.

Waterloo/Hamilton145 · +0.55
Hot · Battery (electricity)Advancing · CathodeOpportunity · Energy (signal processing)Concern · Nanotechnology
Edmonton/Calgary100 · +0.52
Hot · AnodeAdvancing · Software deploymentOpportunity · CathodeConcern · Vanadium
Toronto70 · +0.50
Hot · Nuclear engineeringAdvancing · ThermalOpportunity · Renewable energy
Vancouver66 · +0.62
Hot · Chemical engineeringAdvancing · SupercapacitorOpportunity · Redox
Montreal40 · +0.44
Hot · Energy (signal processing)Advancing · Electric vehicleOpportunity · GridConcern · Thermal energy
Ottawa/Kingston13 · +0.51
Hot · Renewable energyAdvancing · ElectrodeOpportunity · Environmental economics
PATENT SIGNAL · Canada

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.

487 filings278 assigneespeak 66/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • 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

Common questions

How many Energy companies are there in Montreal, Canada?
Radar tracks 41 indexable Energy companies headquartered in Montreal, Canada that meet our profile-completeness bar.
What is the total funding raised by Energy companies in Montreal, Canada?
The Energy companies in Montreal, Canada on this list have raised a combined $717.9M in disclosed equity funding across 9 funded companies.
Which is the highest-funded Energy company in Montreal, Canada?
Energir is the highest-funded Energy company in Montreal, Canada, with $575M in disclosed equity funding.
How many Energy companies in Montreal, Canada are funded?
9 of the 41 Energy companies in Montreal, Canada on this list have disclosed at least one equity funding round.
How many Energy unicorns are there in Montreal, Canada?
None of the Energy companies in Montreal, Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Montreal, Canada Energy companies?
The most active investors in Montreal, Canada Energy companies on this list include CDPQ, Europa, Fonds de solidarite FTQ, Invest Quebec, Military Health.
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.

Coming soon