Best Energy Tech Companies in Alberta, Canada
The 193 best Energy Tech companies in Alberta, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Eavor.
Our analysis of 287 Energy Tech companies
$109.4b in tracked funding; 82% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Energy Tech companies in Alberta
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Eavor Provider of solutions for generating electricity from geothermal energy 42Funding top 15%Moat top 39%Growth top 45%Talent bottom 49% All 8 signals ▾Fundingtop 15% Moattop 39% Growthtop 45% Talentbottom 49% Marketbottom 45% Globalbottom 38% Techbottom 32% Newsbottom 21% Funding: Raised $278M across 10 rounds · 10 rounds over 7 yrs (1.4/yr) Moat: Editorial + unicorn rating 6/10 · 9 curated direct competitors tracked rank vs industry peers · Fliar Intelligence Index 42/100 | $278M | 11 mo ago | Acquired | 53 | John Redfern President & CEO (Co-Founder) | — | 1 award |
| 2 | ClearSky Global Provider of low carbon alternative fuels and fuel treatment solutions 24Funding top 35%Talent bottom 49%Market bottom 37%Global bottom 25% All 5 signals ▾Fundingtop 35% Talentbottom 49% Marketbottom 37% Globalbottom 25% Newsbottom 22% Funding: Raised $168M 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 24/100 | $168M | 23 mo ago | Series D | — | Timothy Kozmyk CEO | — | — |
| 3 | Fluent Home Provider of smart home security, automation, and energy management solutions | $30M | 147 mo ago | Funding Raised | 189 | Graham Wood Founder & CEO | — | — |
| 4 | Crux OCM AI-based software solution to optimize pipeline transmission activities for the oil and gas midstream industry | $27M | 22 mo ago | Series A | 35 | Vicki Knott Co-Founder & CEO | — | — |
| 5 | Ambyint Provider of platform for oil well optimization | $26M | 31 mo ago | Series B | 40 | — | — | 2 job openings |
| 6 | Hifi Provider of fiber optic sensing for infrastructure integrity and monitoring | $16M | 83 mo ago | Series B | 132 | John Hull Founder | — | 1 launch |
| 7 | Watt Renewables Provides off-grid solution for solar energy 48Innovation top 23%Product top 30%Partners top 45%Tech top 47% All 10 signals ▾Innovationtop 23% Producttop 30% Partnerstop 45% Techtop 47% Fundingtop 49% Talentbottom 49% Growthbottom 47% Marketbottom 37% Globalbottom 36% Newsbottom 21% Innovation: 5 product lines · Deep-tech classification: Tech Hardware Product: 5 distinct product lines · Company stage: Series B rank vs industry peers · Fliar Intelligence Index 48/100 | $13M | 18 mo ago | Series B | 46 | Oluwole Eweje CEO & MD | — | 3 job openings · 1 partnership |
| 8 | Nsolv Warm solvent technology for in-situ heavy-oil extraction | $13M | 123 mo ago | Deadpooled | — | Joseph Kuhach CEO | 8 patents Solvent recovery and inventory management for gravity‑drainage oil extraction systems | — |
| 9 | Acceleware Provider of seismic imaging software and enhanced oil recovery technology solutions | $12M | 11 mo ago | Public | 25 | Michal Okoniewski Co-Founder & CSO | 90 patents Electromagnetic heating control and robust signal generation/communication hardware solutions | 1 launch |
| 10 | Interface Fluidics Provider of a nanotech-enabled simulation and modelling platform | $11M | 55 mo ago | Series B | 36 | Stuart Kinnear Co-Founder and CEO | 45 patents Microfluidic chip platforms for precise fluid property measurement and oil‑solvent interaction analysis | 1 launch |
| 11 | Cortex Provider of account payables and receivables solutions for businesses | $10M | 129 mo ago | Acquired | 65 | — | — | — |
| 12 | ARCUS POWER Provider of AI-powered energy market intelligence and asset optimization solutions | $9M | 50 mo ago | Unfunded | 18 | Daniel Erhardt Founder & CEO | — | — |
| 13 | Beyond Compliance EHS compliance management solution for oil and gas industry | $7M | 222 mo ago | Acqui-Hired | — | Michael Koury ex-CEO | — | — |
| 14 | Critical Control Energy Services Provider of cloud-based production intelligence software | $7M | 204 mo ago | Public | 145 | Alykhan Mamdani President & CEO | — | — |
| 15 | Ayrton Energy Company that specializes in liquid organic hydrogen carrier storage technology | $7M | 13 mo ago | Seed | 10 | — | — | 1 job opening · 1 launch · 1 partnership |
| 16 | CoolIT Systems Manufacturer of liquid cooling systems for data centers and servers | $6M | 63 mo ago | Acquired | 142 | Brydon Gierl Founder SVP Product and Process Development | 187 patents Modular liquid cooling and fluid control systems for high‑performance electronic equipment | 2 launchs |
| 17 | Fresnel Software Cloud-based accounting and business management software | $5M | 58 mo ago | Series A | 66 | Bryan McIver Founder & CEO | — | — |
| 18 | Steeper Energy Provider of biofuels from waste materials | $5M | 91 mo ago | Funding Raised | 9 | Steen Brummerstedt Iversen Co-Founder | 12 patents Catalytic hydrodeoxygenation processes for low‑sulfur renewable oil production | — |
| 19 | Fillip App-based platform offering fuel payment solutions | $5M | 32 mo ago | Seed | 29 | Alice Reimer CEO | — | — |
| 20 | Direct-C Provider of nano-based leak detection and monitoring solution for oil and gas industries | $5M | 46 mo ago | Series A | 11 | Kaushik Parmar Co-Founder | 19 patents Hydrocarbon leak detection sensors using 3D carbon microstructure nanocomposites | — |
| 21 | SQFive Intelligent Oilfield Solutions Oilfield and Reservoir Maintenance | $5M | 206 mo ago | Deadpooled | — | — | — | — |
| 22 | Pure Technologies Develops technology solutions for pipeline infrastructure inspections | $4M | 181 mo ago | Acquired | 500 | Jack Elliott CEO | 165 patents Pipeline inspection and condition assessment using electromagnetic testing and stabilizing devices | — |
| 23 | Divestco Provides Geo-services to the energy industry | $3M | 97 mo ago | Public | 87 | Stephen Popadynetz CEO | 2 patents Data processing systems for measurement and testing applications | — |
| 24 | Stimline Software and hardware products for oilwell intervention and completion operations | $3M | 160 mo ago | Acquired | 53 | — | — | — |
| 25 | IronSight Cloud-based platform for industrial field force automation | $3M | 19 mo ago | Seed | 42 | Shawn Martens Co-Founder | — | 1 partnership |
| 26 | Raise Production Developer of artificial-lift technology systems | $3M | 97 mo ago | Public | 28 | — | 55 patents Artificial lift rod pump and plunger systems for horizontal wellbore production | — |
| 27 | Trion Energy Solutions Developer of anode materials for lithium-ion batteries | $3M | 97 mo ago | Seed | — | Steve Waterford Co-Founder | — | — |
| 28 | G2V Optics Commercial horticulture lighting and solar simulation solution provider | $2M | 61 mo ago | Seed | 36 | Ryan Tucker CEO | 10 patents Advanced LED illumination control and monitoring systems for precision horticulture lighting. | 1 launch |
| 29 | Eguana Technologies Provider of energy storage systems for residential and commercial use | $2M | 17 mo ago | Public | 43 | Justin Holland CEO | — | — |
| 30 | Saint Jean Carbon Developer of graphene-based products for Lithium batteries | $2M | 52 mo ago | Deadpooled | — | Paul Ogilvie CEO & Director | — | — |
| 31 | IntelliView Provider of AI powered vision IoT solutions for oil and gas leak detection and management | $2M | 148 mo ago | Series A | 19 | Wael Badawy Founder | 22 patents Video analytics for human detection on conveyors and indoor leak monitoring | — |
| 32 | New West Data Vertically integrated oil producer and bitcoin miner | $1M | 14 mo ago | Seed | — | Sean McDonough Founder & CEO & President | — | 1 partnership |
| 33 | Beyond Energy Drilling hydraulics simulation software | $1M | 82 mo ago | Seed | 126 | — | 56 patents Advanced rotary control, boltless sealing, and predictive wear monitoring for drilling rigs | — |
| 34 | GenOil Technology developer for processing crude oil | $613K | 196 mo ago | Early Stage | 25 | David Lifschultz CEO | 11 patents Oilfield fluid handling and hydrocracking feed injection/separation technologies | — |
| 35 | Arolytics Cloud-based platform offering emission monitoring solutions | $588K | 61 mo ago | Seed | 21 | Liz Oconnell CEO | — | 1 launch |
| 36 | Proton Technologies Provider of solutions for hydrogen generation | $360K | 63 mo ago | Seed | 23 | Ian Gates Co-Founder & Co-Inventor | — | — |
| 37 | Qube AI-driven gas emission detection solution | $168K | 28 mo ago | Series B | 50 | Alex MacGregor CEO | — | 1 launch |
| 38 | Convrg Innovations Provider of energy storage and generation systems | $112K | 34 mo ago | Series A | 66 | Tom Simons CEO | — | — |
| 39 | Nanode Battery Technologies Provider of lithium-ion anodes for batteries | $105K | 50 mo ago | Seed | 9 | — | 5 patents Tin alloy sheet anodes for high‑capacity Li‑ion and Na‑ion batteries | — |
Top 12 Energy Tech companies in Alberta
#1
Acquired · Calgary, Alberta · founded 2017 · 53 employees$277.8Mraised▾
Provider of solutions for generating electricity from geothermal energy. The company offers a closed system within which a proprietary working fluid is contained and circulated. The system harvests heat from deep in the earth that can be used for commercial heating applications.
- Jul 2025Series C$65.1M
- Oct 2023Series B$65.7M
- Jun 2023Series B$59.9M
- Mar 2023Series B$405K
#2
Public · Calgary, Alberta · founded 2004 · 25 employees$12.5Mraised▾
Provider of seismic imaging software and enhanced oil recovery technology solutions. Provides seismic imaging products called AxFWI - a full waveform inversion product with better subsurface velocity model accuracy with higher computational speed, AxRTM - a reverse time migration solution that can be integrated into existing seismic processing framework for RTM imaging, and AxWave - for the simulation of seismic wave propagation through the subsurface with 2D-3D seismic energy simulation in the acoustic medium.
- Jun 2025Post IPO$1.1M
- Nov 2023Grant (prize money)$3M
- Jun 2023Post IPO$333.6K
- Oct 2022Post IPO—
#3
Series D · Calgary, Alberta · founded 2022$168Mraised▾
Provider of low carbon alternative fuels and fuel treatment solutions. The company delivers energy technology to customers searching for answers to energy challenges. Leadership has experience in corporate leadership positions, government organizations, and international trade. The company's team includes professionals with backgrounds in energy, finance, and international business.
- Jun 2024Series D$168M
#4
Seed · Calgary, Alberta · founded 2021 · 10 employees$6.8Mraised▾
Ayrton Energy is a company that specializes in liquid organic hydrogen carrier (LOHC) storage technology. Their innovative solution allows for large-scale and efficient transport of hydrogen over long distances. They aim to provide energy security fueled by hydrogen.
- Apr 2025Grant (prize money)$346.2K
- Sep 2024Seed$6.8M
- 2023Seed—
#5
Series A · Calgary, Alberta · founded 2017 · 35 employees$27Mraised▾
AI-based software solution to optimize pipeline transmission activities for the oil and gas midstream industry. The software can be used in conjunction with the SCADA system to increase liquid flows, real-time power consumption optimization, and lower consumption of drag-reducing agents on a real-time basis.
- Aug 2024Series A$17M
- Apr 2024Series A—
- Sep 2021Series A$6M
- 2019Seed$2.6M
#6
Series B · Sherwood Park, Alberta · founded 2016 · 46 employees$13Mraised▾
Watt Renewables provides off-grid, micro-grid and grid-tied solutions for solar energy projects. Its services include project development, engineering, procurement, construction, commissioning and O&M. It also have its own energy plant and installed it's plant in many place.
- Dec 2024Conventional Debt$15M
- Oct 2023Series B$13M
#7
Seed · Calgary, Alberta · founded 2020$1.3Mraised▾
Vertically integrated oil producer and bitcoin miner. Its offerings include the exploration and production of oil and natural gas alongside on-site power generation from associated gas for operating bitcoin mining data centers. It also provides independent monetization of associated gas without reliance on pipelines or processing plants, integrating energy production with digital asset mining infrastructure. It uses natural gas-powered generators, mobile or stationary data centers, and specialized ASIC mining computers to convert gas into electricity and mine bitcoin.
- Mar 2025Seed$489.9K
- Feb 2025Seed$748K
- Dec 2024Seed$104.5K
#8
Public · Calgary, Alberta · founded 1999 · 43 employees$1.8Mraised▾
Provider of energy storage systems for residential and commercial use. It uses solar energy to charge and store energy in the energy storage system. It offers micro inverters that passes energy to ESS to generate electricity. It modernizes the electrical grid by connecting consumers with utilities, deploying on-site energy.
- Dec 2024Post IPO$31.3K
- Nov 2023Post IPO$332.4K
- Aug 2022Post IPO$25.5M
- Feb 2021Post IPO$20M
#9
Seed · Edmonton, Alberta · founded 2014 · 42 employees$2.6Mraised▾
Cloud-based platform for industrial field force automation. The platform provides GPS tracking, mapping, job scheduling, document, and workforce management, dashboard analytics, etc. It can be integrated with azure, sap, peleton, etc. It is available to download from the google play store and apple store.
- Nov 2024Grant (prize money)$2.6M
- Dec 2022Seed—
#10
Series B · Calgary, Alberta · founded 2004 · 40 employees$26.5Mraised▾
Provider of platform for oil well optimization. It provides a proprietary platform which combines and leverages the latest innovations in lightweight sensors, wireless communications and predictive data analytics, and enables oil producers to autonomously optimize well assets, increasing production and efficiency, while reducing costs - both operational and maintenance. It brings intelligence and insight to oil and gas production through emerging technologies including IoT, Big Data and Machine Learning.
- Nov 2023Series B—
- Feb 2020Series B$15M
- Sep 2017Series A$11.5M
#11
Seed · Calgary, Alberta · founded 2018 · 29 employees$5Mraised▾
App-based platform offering fuel payment solutions. It offers a digital fleet card for small businesses that allows users to pay at any gas station. Its app is available for Android devices.
- Oct 2023Seed$5M
#12
Series B · Edmonton, Alberta · founded 2015 · 36 employees$11Mraised▾
Provider of a nanotech-enabled simulation and modelling platform. It offers a nanotechnology platform to perform chemical testing of fluid interactions at reservoir temperature & pressure. Testing service includes surfactant behaviour visualization, emulsification properties, foam stability & wettability modification. Also, provides viscosity screening & analytical services for reservoir engineering, enhanced oil recovery & pipeline designing.
- Nov 2021Series B$5.4M
- Aug 2019Series A$4.5M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Energy Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Energy Storage in Alberta is moving
A read on the academic research around Energy Storage in Alberta — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 72 papers.
University of Alberta and Alberta Energy lead Alberta's energy-storage research, dominated by battery materials and microgrid optimization, with an optimistic tone reflecting recent breakthrough-heavy momentum.
- University of Alberta69
- Alberta Energy3
- Anode1→11
- Supercapacitor1→3
- Renewable energy1→8
- Battery (electricity)1→4
- Electrochemistry2
- Hydrogen storage1
- Hydrogen1
- Hydrogen vehicle1
- Compressed hydrogen1
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.