Radar · Energy in Ontario
Best Energy Companies in Ontario, Canada
The 356 best Energy companies in Ontario, 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
356companies tracked
$4.6Bdisclosed funding
0unicorns
56have raised
FLIAR INTELLIGENCE · ENERGY × ONTARIO
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™
987kcombined LinkedIn audience
77%of audience held by top 3
4companies hiring publicly (12 mo)
Ranked: Best Energy companies in Ontario
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Ontario Power Generation Provider of nuclear and hydro power generation services 78Tech top 21%Patents top 22%Innovation top 24%Moat top 31% All 10 signals ▾Techtop 21% Patentstop 22% Innovationtop 24% Moattop 31% Markettop 33% Fundingtop 33% Partnerstop 50% Globalbottom 45% Newsbottom 40% Growthbottom 32% Tech: 57 technologies across 5/8 capability areas · Cloud: Azure, Cloudflare Patents: 84 patents matched (strict assignee match) · 26 filings since 2022 vs 27 in 2017-21 rank vs industry peers · Fliar Intelligence Index 78/100 | $891M | 64 mo ago | 6,956 | 1999 | — | 84 patents Non‑destructive inspection and monitoring of nuclear fuel channels and thermal performance. | 1 job opening |
| 2 | Bruce Power Nuclear power generator 62Growth top 35%Tech top 39%Market top 40%Funding top 41% All 6 signals ▾Growthtop 35% Techtop 39% Markettop 40% Fundingtop 41% Globalbottom 37% Newsbottom 27% Growth: Fresh capital in last 24 mo Tech: 45 technologies across 4/8 capability areas · Cloud: Amazon Web Services, Cloudflare rank vs industry peers · Fliar Intelligence Index 62/100 | $785M | 18 mo ago | 4,200 | 2001 | — | — | 1 award |
| 3 | Just Energy Retail provider of electricity and natural gas commodities | $426M | 69 mo ago | 1,824 | 2009 | — | — | — |
| 4 | Stormfisher Provider of organic waste, energy, and water recycling services 57Innovation top 20%Product top 26%Funding top 34%Growth top 42% All 8 signals ▾Innovationtop 20% Producttop 26% Fundingtop 34% Growthtop 42% Techtop 46% Moattop 48% Globalbottom 36% Marketbottom 35% Innovation: 5 product lines Product: 5 distinct product lines · Company stage: Acquired rank vs industry peers · Fliar Intelligence Index 57/100 | $372M | 27 mo ago | 50 | 2006 | — | — | 2 job openings · 1 partnership |
| 5 | Algonquin Power Provider of regulated utility services and renewable energy generation | $310M | 71 mo ago | 41 | 1997 | Rod West CEO | — | — |
| 6 | 4Refuel Provider of onsite refueling services 50Tech top 35%Funding top 38%Talent top 38%News top 44% All 10 signals ▾Techtop 35% Fundingtop 38% Talenttop 38% Newstop 44% Growthtop 45% Markettop 48% Moatbottom 48% Globalbottom 40% Patentsbottom 32% Innovationbottom 25% Tech: 36 technologies across 5/8 capability areas · Cloud: Amazon Web Services, Cloudflare Funding: Raised $260M across 1 rounds · 1 rounds over 16 yrs (0.1/yr) rank vs industry peers · Fliar Intelligence Index 50/100 | $260M | 191 mo ago | 600 | 1995 | Jack Lee Founder | 3 patents Hands-free fuel dispensing control systems for automotive refueling | 2 awards |
| 7 | Canadian Solar Manufacturer of solar technology and renewable energy solutions, with a global presence and a focus on… 69Market top 22%Funding top 22%Growth top 40%Tech top 44% All 8 signals ▾Markettop 22% Fundingtop 22% Growthtop 40% Techtop 44% Newstop 47% Patentstop 50% Globalbottom 42% Innovationbottom 26% Market: 18,423 employees (top 2% of Energy) · Top-1,000,000 web property Funding: Raised $230M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 69/100 | $230M | 5 mo ago | 18,423 | 2001 | — | 15 patents Manufacturing and interconnecting photovoltaic cells/modules for solar energy generation. | 2 launchs · 1 award |
| 8 | Silfab Solar Manufacturer of solar PV modules 57Funding top 30%Moat top 31%Talent top 37%Patents top 39% All 11 signals ▾Fundingtop 30% Moattop 31% Talenttop 37% Patentstop 39% Techtop 40% Producttop 41% Innovationtop 43% Markettop 46% Growthbottom 47% Globalbottom 36% Newsbottom 35% Funding: Raised $225M across 5 rounds · 5 rounds over 5 yrs (1.0/yr) Moat: Editorial + unicorn rating 8/10 · IP moat: 14 patents rank vs industry peers · Fliar Intelligence Index 57/100 | $225M | 13 mo ago | 650 | 2010 | Franco Traverso Co-Founder | 14 patents Advanced photovoltaic cell designs, metallization patterns, and high-efficiency solar modules | — |
| 9 | Potentia Renewables Developer and operator of wind farms and solar parks | $202M | 76 mo ago | 86 | 2011 | Jeff Jenner CEO | — | 1 award |
| 10 | Northland Power Provider of solar energy power producer | $158M | 61 mo ago | 1,339 | 1987 | James Temerty Founder | — | — |
| 11 | Parallel Provider of installation services for multiple electrical equipment 64Growth top 28%Tech top 41%Funding top 42%Market bottom 44% All 6 signals ▾Growthtop 28% Techtop 41% Fundingtop 42% Marketbottom 44% Productbottom 40% Globalbottom 39% Growth: Web rank 500,000 → 5,000,000 YoY · App-install growth +500% YoY Tech: 23 technologies across 4/8 capability areas · Cloud: Cloudflare, Google Cloud rank vs industry peers · Fliar Intelligence Index 64/100 | $85M | 14 mo ago | 47 | 2019 | — | — | — |
| 12 | Lithium Royalty Corp Provider of battery services | $71M | 65 mo ago | 4 | 2016 | Ernie Ortiz Managing Director | — | — |
| 13 | BIOX Corp Biodiesel manufacturer | $70M | 223 mo ago | 50 | 2000 | — | 3 patents Single‑phase biodiesel (FAME) synthesis from mixed triglycerides and fatty acids | — |
| 14 | Eco (Atlantic) Oil & Gas Provider of offshore oil and gas exploration and production services 55News top 22%Growth top 25%Funding top 31%Partners top 36% All 8 signals ▾Newstop 22% Growthtop 25% Fundingtop 31% Partnerstop 36% Techtop 48% Moattop 48% Globalbottom 38% Marketbottom 28% News: 24 BI events in 12 mo (of 59 tracked, 10 types) · +700% YoY Growth: Web rank 50,000,000 → 10,000,000 YoY · 1 acquisition/expansion move in 24 mo rank vs industry peers · Fliar Intelligence Index 55/100 | $67M | 4 mo ago | 6 | 2007 | — | — | — |
| 15 | Iogen Iogen Corporation specializes in carbon-negative fuel production technology that converts agricultural waste… | $62M | 228 mo ago | 1 | 1974 | Brian Foody CEO | 307 patents Advanced biogas upgrading, low‑carbon hydrogen, and renewable fuel production technologies. | — |
| 16 | Enecsys Limited Manufactures electronic components | $55M | 181 mo ago | 51 | 2003 | — | — | — |
| 17 | Anaergia Provider of organic waste into renewable fuel services 74Product top 14%Partners top 25%Talent top 28%Patents top 31% All 12 signals ▾Producttop 14% Partnerstop 25% Talenttop 28% Patentstop 31% Newstop 34% Growthtop 35% Techtop 35% Fundingtop 36% Innovationtop 38% Moattop 44% Marketbottom 49% Globalbottom 47% Product: 12 distinct product lines · Company stage: Public Partners: 1 partnership announcement in 12 mo (1 in 24 mo) · 22 contract events in 12 mo rank vs industry peers · Fliar Intelligence Index 74/100 | $46M | 23 mo ago | 91 91 → 226 (+148%) | 1982 | Brett Hodson CEO | 252 patents Anaerobic digestion and waste-to-energy technologies for organics recovery and biochar production | 4 job openings |
| 18 | Jade Power Developer of solar and wind energy projects 72Growth top 15%News top 37%Funding top 39%Talent bottom 49% All 5 signals ▾Growthtop 15% Newstop 37% Fundingtop 39% Talentbottom 49% Globalbottom 25% Growth: Fresh capital in last 24 mo News: 5 BI events in 12 mo (of 10 tracked, 5 types) · +150% YoY rank vs industry peers · Fliar Intelligence Index 72/100 | $43M | 20 mo ago | — | 2014 | Shalya Williams CEO | — | — |
| 19 | OYA Renewables Provider of solar energy services | $35M | 68 mo ago | 70 | 2009 | — | — | — |
| 20 | Char Technologies Provider of environmental services 55Growth top 28%Funding top 32%Tech top 44%Talent bottom 49% All 6 signals ▾Growthtop 28% Fundingtop 32% Techtop 44% Talentbottom 49% Globalbottom 48% Marketbottom 29% Growth: Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo Funding: Raised $21.9M across 9 rounds · 9 rounds over 8 yrs (1.1/yr) rank vs industry peers · Fliar Intelligence Index 55/100 | $22M | 13 mo ago | 25 | 2011 | Andrew White CEO | — | — |
| 21 | Heliene Manufacturer of solar modules 40Partners top 32%Funding top 37%Talent top 41%Tech top 44% All 9 signals ▾Partnerstop 32% Fundingtop 37% Talenttop 41% Techtop 44% Moattop 48% Marketbottom 47% Globalbottom 36% Growthbottom 35% Newsbottom 24% Partners: 0 partnership announcements in 12 mo (4 in 24 mo) Funding: Raised $20.0M across 3 rounds · 3 rounds over 3 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 40/100 | $20M | 33 mo ago | 79 | 2010 | Martin Pochtaruk CEO & President | — | 5 job openings |
| 22 | Nexus Renewables Developer of solar and wind energy projects | $18M | 36 mo ago | 2 | 2020 | — | — | — |
| 23 | JCM Power Independent renewable energy power producer | $15M | 78 mo ago | — | 2009 | Martin Ritchie Co-Founder | — | — |
| 24 | Decklar Resources Provider of oil & gas exploration and production services | $12M | 60 mo ago | 406 | 2004 | — | — | — |
| 25 | NRStor Energy storage project developer | $11M | 101 mo ago | 16 | 2012 | — | — | — |
| 26 | Pure Energies Solar avisor and rooftop solar installer | $11M | 156 mo ago | 200 | 2009 | Ryan McCalley Co-Founder | — | — |
| 27 | Adira Energy Exploration and development of oil and gas properties in onshore and offshore Israel | $11M | 165 mo ago | — | 2009 | Alan Friedman Co Founder & CEO | — | — |
| 28 | Imtex Membranes Membrane-based technology solution provider for separation of gas | $10M | 72 mo ago | 22 | 2007 | Glenn Towe CEO & President | 52 patents Facilitated transport membranes for gas separation and liquid replenishment in modular systems | — |
| 29 | Enerworks Solar thermal energy technology developer | $9M | 208 mo ago | — | 1998 | — | — | — |
| 30 | Shoal Point Energy Operator of urban bistros and bakeries offering breakfast, brunch, and lunch | $8M | 26 mo ago | 3 | 2006 | Mark Jarvis CEO & Director | — | — |
| 31 | Rift Energy Oil & gas exploration and development company | $8M | 168 mo ago | 2 | 2011 | Kenneth Hern CEO | — | — |
| 32 | Greenfield Bioethanol and co product manufacturer | $8M | 183 mo ago | 454 | 1989 | Howard Field President And Chief Executive Officer | 28 patents Converts alcohols into synthetic jet fuel via catalytic biofuel synthesis processes. | 2 awards |
| 33 | Green Shift Commodities Developer of nuclear energy projects 22Funding top 41%News top 47%Talent bottom 49%Market bottom 29% All 5 signals ▾Fundingtop 41% Newstop 47% Talentbottom 49% Marketbottom 29% Globalbottom 25% Funding: Raised $4.7M across 3 rounds · 3 rounds over 4 yrs (0.8/yr) News: 2 BI events in 12 mo (of 25 tracked, 7 types) · +100% YoY rank vs industry peers · Fliar Intelligence Index 22/100 | $5M | 23 mo ago | 11 | 2005 | Trumbull Fisher CEO | — | — |
| 34 | Latitude Uranium Company engaged in the exploration and development of district-scale uranium projects | $4M | 31 mo ago | — | 2023 | John Jentz CEO | — | — |
| 35 | Nickel 28 Provider of nickel and cobalt energy storage services | $3M | 37 mo ago | 4 | 2019 | Justin Cochrane President | — | — |
| 36 | Enerdynamic Hybrid Technologies Offers solar solutions | $3M | 69 mo ago | 20 | 2012 | — | 3 patents Design and construction of solar photovoltaic power generation systems | — |
| 37 | Electryon Power Provider of solar & wind energy research services | $3M | 53 mo ago | — | 2021 | Alvaro M CEO | — | — |
| 38 | Quantec Geoscience Provider of advanced geophysical subsurface imaging services for resource exploration | $3M | 233 mo ago | 100 | 1986 | — | 2 patents Ultra-low-noise magnetometers for high‑precision geophysical magnetic field measurements | — |
| 39 | Tribute Resources Offers construction and development services for cleantech projects | $3M | 110 mo ago | — | 1997 | Jane Lowrie CEO & President | — | — |
| 40 | Uranium One Producer of uranium | $3M | 194 mo ago | 216 | 2005 | — | — | — |
| 41 | JHI Associates Deepwater oil and gas exploration company focused on frontier exploration | $2M | 59 mo ago | 8 | 2014 | Richard Boyce Co-Founder & Director | — | — |
| 42 | MAPS Power Provider of renewable energy services | $2M | 47 mo ago | 8 | 2015 | Daniel McGuire Founder | — | — |
| 43 | Excel Energy Developer of geothermal energy projects and products | $2M | 234 mo ago | 20 | 2000 | Sandeep Soni Owner | — | — |
| 44 | Petrolympic Junior mining company focused on gold and lithium exploration and development 37Product top 14%Talent top 15%Innovation top 20%Funding top 43% All 8 signals ▾Producttop 14% Talenttop 15% Innovationtop 20% Fundingtop 43% Techbottom 25% Globalbottom 25% Newsbottom 21% Marketbottom 20% Product: 9 distinct product lines · Company stage: Public Talent: Analyst team rating 5/5 rank vs industry peers · Fliar Intelligence Index 37/100 | $2M | 3 mo ago | 4 | 2006 | — | — | — |
| 45 | Hybrid Power Solutions Company that develops and manufactures portable lithium-ion battery systems for clean energy solutions… | $2M | 15 mo ago | 23 | 2015 | Francois Byrne Chief Executive Officer | 6 patents Battery thermal management and flexible modular solar‑powered portable energy systems. | — |
| 46 | Laconic Developer of wind energy projects | $1M | 51 mo ago | — | 2020 | Philip Kenny CEO | — | — |
| 47 | AOC Oil production company | $498K | 101 mo ago | — | 2013 | Paul Haber Executive Chairman and Co-Founder | — | — |
| 48 | Energy Telecom Provider of consulting services to invest in oil & gas,electricity, and power sector | $117K | 181 mo ago | 31 | 2001 | — | — | — |
| 49 | Waterotor Technologies Provider of Spanish-language radio programming and advertising solutions | $100K | 48 mo ago | 6 | 2011 | — | — | — |
Top 12 Energy companies in Ontario
#1
Public · Guelph, Ontario · founded 2001 · 18423 employees$230Mraised▾
Public · Guelph, Ontario · founded 2001 · 18423 employees
Canadian Solar is a leading global solar technology and renewable energy company, founded in 2001 in Canada. The company is a manufacturer of solar modules and a provider of solar energy solutions, with a mission to foster sustainable development. With a focus on innovation and efficiency, Canadian Solar has established itself as a prominent player in the solar industry, offering a range of products and services to customers worldwide.
Fliar Intelligence Index™ 69how this company ranks against its industry peers
Market
top 22%Funding
top 22%Growth
top 40%Tech
top 44%News
top 47%Patents
top 50%Market: 18,423 employees (top 2% of Energy) · Top-1,000,000 web property
Funding: Raised $230M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Post IPO (Jan 2026)
Growth: Fresh capital in last 24 mo
Audience (LinkedIn): 482k LinkedIn followers — 48.8% of this cohort's audience
Activity (LinkedIn): 2 product launches · 1 awards announced in 12 mo
Funding rounds
- Jan 2026Post IPO$230M
Tech stack
Acquia Cloud PlatformAcquia Cloud Site FactoryAdobe AnalyticsAdobe Experience Platform Identity ServiceAdobe Experience Platform LaunchAmazon Cloudfront
#2
Public · Toronto, Ontario · founded 2007 · 6 employees$66.6Mraised▾
Public · Toronto, Ontario · founded 2007 · 6 employees
Provider of offshore oil and gas exploration and production services
Fliar Intelligence Index™ 55how this company ranks against its industry peers
News
top 22%Growth
top 25%Funding
top 31%Partners
top 36%Tech
top 48%Moat
top 48%News: 24 BI events in 12 mo (of 59 tracked, 10 types) · +700% YoY · 7 high-value events (IPO/M&A/funding/contracts) in 12 mo
Growth: Web rank 50,000,000 → 10,000,000 YoY · 1 acquisition/expansion move in 24 mo · Fresh capital in last 24 mo
Funding: Raised $66.6M across 7 rounds · 7 rounds over 9 yrs (0.8/yr) · Last round Post IPO (Jan 2026)
Audience (LinkedIn): 12k LinkedIn followers · 44 engagements/post (2.0× cohort median)
Funding rounds
- Jan 2026Post IPO$10M
- Jun 2022Post IPO$12.3M
- Jun 2021Post IPO$5M
- Apr 2019Post IPO$5M
Investors
Africa Oil Corp, Charlestown Capital Advisors, Westmount Energy, Seacrest Capital Group
Tech stack
Amazon AlbAmazon Web ServicesAws Certificate ManagerCdnjsCloudflareCloudflare Bot Management
#3
Series D · Mississauga, Ontario · founded 2010 · 650 employees$225Mraised▾
Series D · Mississauga, Ontario · founded 2010 · 650 employees
Manufacturer of solar PV modules. It is the design and development of ultra-high-efficiency, premium-quality solar panels for generating electricity on the residential and commercial scale.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Funding
top 30%Moat
top 31%Talent
top 37%Patents
top 39%Tech
top 40%Product
top 41%Funding: Raised $225M across 5 rounds · 5 rounds over 5 yrs (1.0/yr) · Last round Grant (prize money) (May 2025)
Moat: Editorial + unicorn rating 8/10 · IP moat: 14 patents · Soonicorn
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated · 3 leadership moves in 12 mo
Audience (LinkedIn): 20k LinkedIn followers — 2.0% of this cohort's audience
Funding rounds
- May 2025Grant (prize money)$3M
- May 2025Grant (prize money)$719.9K
- Apr 2025Grant (prize money)$400K
- Mar 2023Series D$125M
Founders & team
Investors
ARC Financial, Ontario Power Generation, BDC, Manulife, CF Private Equity, OSTI
Tech stack
AhrefsApple Icloud MailAudioeyeBootstrapCloudflareCloudflare Bot Management
#4
Seed · Kincardine, Ontario · founded 2001 · 4200 employees$785Mraised▾
Seed · Kincardine, Ontario · founded 2001 · 4200 employees
Bruce Power is a nuclear power generator. The company generates almost 30 percent of Ontarios power. They have 8 active power units in operation with a total installed capacity of 6,384 MW and an annual generation capacity of 47,630 GWh of power.
Fliar Intelligence Index™ 62how this company ranks against its industry peers
Growth
top 35%Tech
top 39%Market
top 40%Funding
top 41%Global
bottom 37%News
bottom 27%Growth: Fresh capital in last 24 mo
Tech: 45 technologies across 4/8 capability areas · Cloud: Amazon Web Services, Cloudflare · Observability: New Relic, Sentry
Market: 4,200 employees (top 6% of Energy) · Top-5,000,000 web property
Audience (LinkedIn): 90k LinkedIn followers — 9.2% of this cohort's audience · 96 engagements/post (4.5× cohort median)
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Dec 2024Conventional Debt$389.5M
- Nov 2021Conventional Debt$395.5M
- 2003Seed—
Investors
BMO, OMERS Infrastructure
Tech stack
Amazon Web ServicesBackbone.JsBootstrapCdnjsCloudflareConcrete Cms
#5
Seed · Ontario · founded 2019 · 47 employees$85Mraised▾
Seed · Ontario · founded 2019 · 47 employees
Provider of installation services for multiple electrical equipment
Fliar Intelligence Index™ 64how this company ranks against its industry peers
Growth
top 28%Tech
top 41%Funding
top 42%Market
bottom 44%Product
bottom 40%Global
bottom 39%Growth: Web rank 500,000 → 5,000,000 YoY · App-install growth +500% YoY · Fresh capital in last 24 mo
Tech: 23 technologies across 4/8 capability areas · Cloud: Cloudflare, Google Cloud · Security: Cloudflare Bot Management
Funding: Raised $85.0M · 2 rounds over 5 yrs (0.4/yr) · Last round Seed (Apr 2025)
Audience (LinkedIn): 3k LinkedIn followers
Investors
Distributedglobal, The Operating Group, VanEck, Solana Ventures, Base, Collab+Currency
Tech stack
CloudflareCloudflare Bot ManagementCore-JsFacebook PixelGoogle AnalyticsGoogle Cloud
#6
Public · Toronto, Ontario · founded 2006 · 4 employees$1.9Mraised▾
Public · Toronto, Ontario · founded 2006 · 4 employees
Junior mining company focused on gold and lithium exploration and development. It acquires strategic land positions and conducts exploration programs to advance its gold and lithium projects. The company aims to deliver returns to shareholders by concentrating on properties with high potential for gold and lithium deposits. Its exploration efforts are primarily focused on advancing its gold and lithium projects. A secondary focus involves advancing conventional natural gas and light oil projects.
Fliar Intelligence Index™ 37how this company ranks against its industry peers
Product
top 14%Talent
top 15%Innovation
top 20%Funding
top 43%Tech
bottom 25%Global
bottom 25%Product: 9 distinct product lines · Company stage: Public
Talent: Analyst team rating 5/5
Innovation: 9 product lines
Funding rounds
- Feb 2026Post IPO$304.5K
- Mar 2025Post IPO$103.7K
- Dec 2023Post IPO$200K
- Nov 2022Post IPO$647K
Tech stack
Cart FunctionalitySquarespace CommerceSquarespaceStimulusPriority HintsGoogle Font Api
#7
Public · Toronto, Ontario · founded 2011 · 25 employees$21.9Mraised▾
Public · Toronto, Ontario · founded 2011 · 25 employees
Provider of environmental services
Fliar Intelligence Index™ 55how this company ranks against its industry peers
Growth
top 28%Funding
top 32%Tech
top 44%Talent
bottom 49%Global
bottom 48%Market
bottom 29%Growth: Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo
Funding: Raised $21.9M across 9 rounds · 9 rounds over 8 yrs (1.1/yr) · Last round Post IPO (May 2025)
Tech: 17 technologies across 6/8 capability areas · Cloud: Google Cloud, Google Cloud Cdn · Devops: Envoy
Audience (LinkedIn): 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
#8
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
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Innovation
top 20%Product
top 26%Funding
top 34%Growth
top 42%Tech
top 46%Moat
top 48%Innovation: 5 product lines
Product: 5 distinct product lines · Company stage: Acquired
Funding: Raised $372M across 2 rounds · 2 rounds over 18 yrs (0.1/yr) · Last round PE (Mar 2024)
Audience (LinkedIn): 9k LinkedIn followers
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Director, Health & Safety, Directeur/Directrice, Santé et Sécurité
Activity (LinkedIn): 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
#9
Public · Toronto, Ontario · founded 2014$43.2Mraised▾
Public · Toronto, Ontario · founded 2014
Developer of solar and wind energy projects
Fliar Intelligence Index™ 72how this company ranks against its industry peers
Growth
top 15%News
top 37%Funding
top 39%Talent
bottom 49%Global
bottom 25%Growth: Fresh capital in last 24 mo
News: 5 BI events in 12 mo (of 10 tracked, 5 types) · +150% YoY · Top themes: Announcements
Funding: Raised $43.2M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) · Last round Post IPO (Sep 2024)
Funding rounds
- Sep 2024Post IPO—
- Jan 2018Post IPO$43.2M
Founders & team
#10
Public · Burlington, Ontario · founded 1982 · 91 employees$45.8Mraised▾
Public · Burlington, Ontario · founded 1982 · 91 employees
Provider of organic waste into renewable fuel services
Fliar Intelligence Index™ 74how this company ranks against its industry peers
Product
top 14%Partners
top 25%Talent
top 28%Patents
top 31%News
top 34%Growth
top 35%Product: 12 distinct product lines · Company stage: Public
Partners: 1 partnership announcement in 12 mo (1 in 24 mo) · 22 contract events in 12 mo · Named contractor/client in 22 deals
Talent: 4 named leaders on record · 3 C-suite/founder profiles curated
Audience (LinkedIn): 24k LinkedIn followers — 2.4% of this cohort's audience
Hiring (LinkedIn): 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
#11
Public · Toronto, Ontario · founded 1980$95.1Kraised▾
Public · Toronto, Ontario · founded 1980
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Fliar Intelligence Index™ 32how this company ranks against its industry peers
Talent
bottom 49%Funding
bottom 48%Global
bottom 25%Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding: Raised $95.1k across 1 rounds · 1 rounds over 4 yrs (0.2/yr) · Last round Post IPO (Mar 2026)
Global: Single-market focus (Canada)
Funding rounds
- Mar 2026Post IPO$95.1K
- Dec 2022Post IPO—
Founders & team
#12
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
Fliar Intelligence Index™ 78how this company ranks against its industry peers
Tech
top 21%Patents
top 22%Innovation
top 24%Moat
top 31%Market
top 33%Funding
top 33%Tech: 57 technologies across 5/8 capability areas · Cloud: Azure, Cloudflare · Observability: Dynatrace
Patents: 84 patents matched (strict assignee match) · 26 filings since 2022 vs 27 in 2017-21 · Latest publication 2026
Innovation: 84 patents (top 4% of patent-holders) · 26 filings since 2022 vs 27 in 2017-21
Audience (LinkedIn): 192k LinkedIn followers — 19.4% of this cohort's audience · 100 engagements/post (4.7× cohort median)
Hiring (LinkedIn): 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
Funding & investor landscape
$4.6Btotal disclosed funding
53companies funded
112disclosed rounds
0rounds last 90 days
Most active investors
Goldman Sachs2 rounds
Notable founders
Franco Traverso
Co-Founder · Silfab Solar
Paolo Maccario
President and CEO · Silfab Solar
Andrew White
CEO · Char Technologies
Shalya Williams
CEO · Jade Power
Francis McKenna
Director · Anaergia
Brett Hodson
CEO · Anaergia
John ODonnell
CEO · Enerev5
Francois Byrne
Chief Executive Officer · Hybrid Power Solutions
Trumbull Fisher
CEO · Green Shift Commodities
Mark Jarvis
CEO & Director · Shoal Point Energy
Brett Carter
Board of Directors · Algonquin Power
Christopher Lopez
Board of Directors · Algonquin Power
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 FROM Ontario · institutions
What Ontario researches in energy storage
Ontario Tech University and University of Ontario Institute of Technology dominantly research advanced battery technologies and hybrid renewable energy systems, with an optimistic stance (mean 0.57) across 36 recent papers.
37 papersstance +0.5732% breakthrough8% concern
local research themes
Advanced Battery Technologies ResearchHybrid Renewable Energy SystemsSolar Thermal and Photovoltaic SystemsThermodynamic and Exergetic Analyses of Power and Cooling SystemsAdvanced Battery Materials and TechnologiesMicrogrid Control and Optimization
top institutions
- Ontario Tech University23
- University of Ontario Institute of Technology13
- Ontario Power Generation1
Common questions
How many Energy companies are there in Ontario, Canada?
Radar tracks 356 indexable Energy companies headquartered in Ontario, Canada that meet our profile-completeness bar.
What is the total funding raised by Energy companies in Ontario, Canada?
The Energy companies in Ontario, Canada on this list have raised a combined $4.6B in disclosed equity funding across 53 funded companies.
Which is the highest-funded Energy company in Ontario, Canada?
Ontario Power Generation is the highest-funded Energy company in Ontario, Canada, with $891.1M in disclosed equity funding.
How many Energy companies in Ontario, Canada are funded?
53 of the 356 Energy companies in Ontario, Canada on this list have disclosed at least one equity funding round.
How many Energy unicorns are there in Ontario, Canada?
None of the Energy companies in Ontario, Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Ontario, Canada Energy companies?
The most active investors in Ontario, Canada Energy companies on this list include Sustainable Development Technology Canada, Accelerator Centre, MaRS Discovery District, Ontario Centre of Innovation, BDC.
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.