Best Energy Tech Companies in Calgary, Canada
The 150 best Energy Tech companies in Calgary, 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 Calgary
| # | Company | Disclosed funding | Last round | Employees | Founded | 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 | 53 | 2017 | 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 | — | 2022 | Timothy Kozmyk CEO | — | — |
| 3 | Crux OCM AI-based software solution to optimize pipeline transmission activities for the oil and gas midstream industry | $27M | 22 mo ago | 35 | 2017 | Vicki Knott Co-Founder & CEO | — | — |
| 4 | Ambyint Provider of platform for oil well optimization | $26M | 31 mo ago | 40 | 2004 | — | — | 2 job openings |
| 5 | Hifi Provider of fiber optic sensing for infrastructure integrity and monitoring | $16M | 83 mo ago | 132 | 2007 | John Hull Founder | — | 1 launch |
| 6 | Nsolv Warm solvent technology for in-situ heavy-oil extraction | $13M | 123 mo ago | — | 2003 | Joseph Kuhach CEO | 8 patents Solvent recovery and inventory management for gravity‑drainage oil extraction systems | — |
| 7 | Acceleware Provider of seismic imaging software and enhanced oil recovery technology solutions | $12M | 11 mo ago | 25 | 2004 | Michal Okoniewski Co-Founder & CSO | 90 patents Electromagnetic heating control and robust signal generation/communication hardware solutions | 1 launch |
| 8 | Cortex Provider of account payables and receivables solutions for businesses | $10M | 129 mo ago | 65 | 1999 | — | — | — |
| 9 | ARCUS POWER Provider of AI-powered energy market intelligence and asset optimization solutions | $9M | 50 mo ago | 18 | 2016 | Daniel Erhardt Founder & CEO | — | — |
| 10 | Beyond Compliance EHS compliance management solution for oil and gas industry | $7M | 222 mo ago | — | 2000 | Michael Koury ex-CEO | — | — |
| 11 | Critical Control Energy Services Provider of cloud-based production intelligence software | $7M | 204 mo ago | 145 | 1999 | Alykhan Mamdani President & CEO | — | — |
| 12 | Ayrton Energy Company that specializes in liquid organic hydrogen carrier storage technology | $7M | 13 mo ago | 10 | 2021 | — | — | 1 job opening · 1 launch · 1 partnership |
| 13 | CoolIT Systems Manufacturer of liquid cooling systems for data centers and servers | $6M | 63 mo ago | 142 | 2001 | Brydon Gierl Founder SVP Product and Process Development | 187 patents Modular liquid cooling and fluid control systems for high‑performance electronic equipment | 2 launchs |
| 14 | Fresnel Software Cloud-based accounting and business management software | $5M | 58 mo ago | 66 | 2016 | Bryan McIver Founder & CEO | — | — |
| 15 | Steeper Energy Provider of biofuels from waste materials | $5M | 91 mo ago | 9 | 2011 | Steen Brummerstedt Iversen Co-Founder | 12 patents Catalytic hydrodeoxygenation processes for low‑sulfur renewable oil production | — |
| 16 | Fillip App-based platform offering fuel payment solutions | $5M | 32 mo ago | 29 | 2018 | Alice Reimer CEO | — | — |
| 17 | SQFive Intelligent Oilfield Solutions Oilfield and Reservoir Maintenance | $5M | 206 mo ago | — | 2008 | — | — | — |
| 18 | Pure Technologies Develops technology solutions for pipeline infrastructure inspections | $4M | 181 mo ago | 500 | 1993 | Jack Elliott CEO | 165 patents Pipeline inspection and condition assessment using electromagnetic testing and stabilizing devices | — |
| 19 | Divestco Provides Geo-services to the energy industry | $3M | 97 mo ago | 87 | 2000 | Stephen Popadynetz CEO | 2 patents Data processing systems for measurement and testing applications | — |
| 20 | Stimline Software and hardware products for oilwell intervention and completion operations | $3M | 160 mo ago | 53 | 2010 | — | — | — |
| 21 | Raise Production Developer of artificial-lift technology systems | $3M | 97 mo ago | 28 | 1993 | — | 55 patents Artificial lift rod pump and plunger systems for horizontal wellbore production | — |
| 22 | Trion Energy Solutions Developer of anode materials for lithium-ion batteries | $3M | 97 mo ago | — | 2013 | Steve Waterford Co-Founder | — | — |
| 23 | Eguana Technologies Provider of energy storage systems for residential and commercial use | $2M | 18 mo ago | 43 | 1999 | Justin Holland CEO | — | — |
| 24 | Saint Jean Carbon Developer of graphene-based products for Lithium batteries | $2M | 52 mo ago | — | 1997 | Paul Ogilvie CEO & Director | — | — |
| 25 | IntelliView Provider of AI powered vision IoT solutions for oil and gas leak detection and management | $2M | 148 mo ago | 19 | 2003 | Wael Badawy Founder | 22 patents Video analytics for human detection on conveyors and indoor leak monitoring | — |
| 26 | New West Data Vertically integrated oil producer and bitcoin miner | $1M | 14 mo ago | — | 2020 | Sean McDonough Founder & CEO & President | — | 1 partnership |
| 27 | Beyond Energy Drilling hydraulics simulation software | $1M | 82 mo ago | 126 | 2015 | — | 56 patents Advanced rotary control, boltless sealing, and predictive wear monitoring for drilling rigs | — |
| 28 | GenOil Technology developer for processing crude oil | $613K | 196 mo ago | 25 | 1996 | David Lifschultz CEO | 11 patents Oilfield fluid handling and hydrocracking feed injection/separation technologies | — |
| 29 | Arolytics Cloud-based platform offering emission monitoring solutions | $588K | 61 mo ago | 21 | 2018 | Liz Oconnell CEO | — | 1 launch |
| 30 | Proton Technologies Provider of solutions for hydrogen generation | $360K | 63 mo ago | 23 | 2015 | Ian Gates Co-Founder & Co-Inventor | — | — |
| 31 | Qube AI-driven gas emission detection solution | $168K | 28 mo ago | 50 | 2018 | Alex MacGregor CEO | — | 1 launch |
| 32 | Convrg Innovations Provider of energy storage and generation systems | $112K | 34 mo ago | 66 | 2019 | Tom Simons CEO | — | — |
Top 12 Energy Tech companies in Calgary
#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
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
#7
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
#8
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
#9
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
#10
Unfunded · Calgary, Alberta · founded 2016 · 18 employees$8.8Mraised▾
Provider of AI-powered energy market intelligence and asset optimization solutions. It provide clear visibility into market behavior, helping customers maximize asset utilization while enhancing grid resiliency, sustainability, and reliability. Its solutions help users lower energy costs, increase revenue, avoid market risks and optimize and manage Distributed Energy Resources, battery storage, and assets performance. It deliver smarter grid solutions that improves reliability, efficiency, and market performance. It provide tailored solutions to a diverse range of industries, ensuring that each sector can optimize its operations and achieve sustainable growth.
#11
Series B · Calgary, Alberta · founded 2007 · 132 employees$16.5Mraised▾
Provider of fiber optic sensing for infrastructure integrity and monitoring. The company’s technology offers turnkey sensing systems with data analytics and monitoring support. It delivers engineering, installation, validation, and reporting services. The company’s high-fidelity distributed sensing platform detects leaks in pipelines. It provides real-time monitoring solutions using fiber optic cables and machine learning algorithms. The technology monitors acoustics, strain, vibration, and temperature.
- Jul 2019Series B$10M
- Feb 2014Series A$5.4M
- May 2012Seed$1.1M
#12
Series A · Calgary, Alberta · founded 2016 · 66 employees$5.1Mraised▾
Fresnel Software is a cloud-based accounting and business management software for the telecom industry. It offers solutions such as data collection, managing production data, coordinating and streamlining stakeholders engagement. It also provides integration of key systems like GIS, CAD, financial accounting, enterprise scheduling, and inventory management systems.
- Aug 2021Series A—
- Mar 2021Series A$948.4K
- Jan 2020Series A$884.2K
- May 2019Series A$2.5M
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
What Calgary researches in energy storage
University of Calgary leads Calgary's energy-storage research, focusing dominantly on advanced battery materials and technologies across 31 papers, with an optimistic tone (mean stance 0.41) skewed toward advancements over concerns.
- University of Calgary31
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.