Best Energy Tech Companies in Montreal, Canada
The 74 best Energy Tech companies in Montreal, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Enerkem.
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 Montreal
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Enerkem Provider of technology converting waste into low-carbon fuels and circular chemicals 57Patents top 21%Funding top 24%Moat top 26%Product top 28% All 11 signals ▾Patentstop 21% Fundingtop 24% Moattop 26% Producttop 28% Innovationtop 32% Growthtop 45% Markettop 48% Techbottom 49% Globalbottom 44% Talentbottom 40% Newsbottom 25% Patents: 193 patents matched (strict assignee match) · 57 filings since 2022 vs 39 in 2017-21 Funding: Raised $859M across 19 rounds · 19 rounds over 19 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 57/100 | $859M | 50 mo ago | Series H | Vincent Chornet Co-Founder | 2000 | HubSpot CMS HubSalesforceAzure+16 | 190 patents Conversion of waste carbon to syngas and catalytic synthesis of fuels/chemicals | 1 award |
| 2 | GHGSat Provider of satellite-based imaging services to monitor greenhouse gas emissions 60Funding top 18%Moat top 28%Talent top 28%Innovation top 30% All 10 signals ▾Fundingtop 18% Moattop 28% Talenttop 28% Innovationtop 30% Patentstop 31% Techtop 34% Growthtop 35% Newstop 39% Globalbottom 39% Marketbottom 20% Funding: Raised $145M across 7 rounds · 7 rounds over 8 yrs (0.9/yr) Moat: Editorial + unicorn rating 8/10 · IP moat: 31 patents rank vs industry peers · Fliar Intelligence Index 60/100 | $145M | 9 mo ago | Series C | — | 2011 | SalesforceVimeoGSAP+28 | 31 patents Satellite hyperspectral imaging for atmospheric trace‑gas detection and quantification. | 1 launch |
| 3 | BrainBox AI Developer of an AI platform for building HVAC system optimization 60AI top 20%Funding top 27%Moat top 31%Patents top 38% All 12 signals ▾AItop 20% Fundingtop 27% Moattop 31% Patentstop 38% Talenttop 38% Innovationtop 46% Producttop 47% Markettop 48% Globalbottom 48% Techbottom 46% Growthbottom 42% Newsbottom 24% AI: Classified as an AI company Funding: Raised $103M across 7 rounds · 7 rounds over 6 yrs (1.2/yr) rank vs industry peers · Fliar Intelligence Index 60/100 | $103M | 35 mo ago | Acquired | Sean Neely Vice-Chair of the Board of Directors | 2017 | HubSpot CMS HubApple iCloud MailMicrosoft 365+21 | 16 patents AI-driven optimization and dynamic control of HVAC systems in buildings | — |
| 4 | dcbel Developer of a home energy management system. This system allows homeowners to monitor, manage, and optimize… | $98M | 9 mo ago | Series C | Ronald Denom Co-Founder & COO | 2015 | WordPressApple iCloud MailMicrosoft 365+45 | 105 patents Bidirectional power converters for EV charging and residential energy management systems. | — |
| 5 | ISun Energy Provider of smart solar canopies and carports | $46M | 25 mo ago | Acquired | — | 1988 | — | — | — |
| 6 | Sollum Technologies Dynamic LED lighting solutions for greenhouses, optimizing plant growth and productivity 57Talent top 28%Funding top 31%Moat top 39%Tech top 44% All 9 signals ▾Talenttop 28% Fundingtop 31% Moattop 39% Techtop 44% Growthtop 45% AItop 45% Marketbottom 39% Globalbottom 29% Newsbottom 18% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Funding: Raised $42.0M across 8 rounds · 8 rounds over 9 yrs (0.9/yr) rank vs industry peers · Fliar Intelligence Index 57/100 | $42M | 41 mo ago | Series B | Gabriel Dupras Co-founder | 2015 | WebflowVimeoMicrosoft Clarity+24 | — | — |
| 7 | Effenco Developer of electrification and connectivity systems for heavy-duty vocational trucks | $20M | 69 mo ago | Series A | David Arsenault Co-Founder & CEO | 2006 | — | — | — |
| 8 | Mnubo A cloud platform that provides M2M vertical applications to manage a wide range of machine-to-machine devices. | $18M | 92 mo ago | Acquired | — | 2012 | — | — | 1 launch |
| 9 | Lithion Provider of innovative technology for recycling lithium-ion batteries | $15M | 45 mo ago | Series A | — | 2018 | ZohoNode.jsYouTube+20 | — | — |
| 10 | FTEX Developer of AI-enabled power-electronic components for multi-category electric vehicles | $2M | 45 mo ago | Seed | — | 2019 | WordPress Block EditorWordPressMySQL+25 | 6 patents High-efficiency electric power conversion systems for light electric vehicles and EVs | — |
| 11 | YWire Technologies Designs lighting control devices for the commercial buildings market | $2M | 174 mo ago | Deadpooled | Omar Tabba Co-Founder | 2009 | — | 10 patents Smart lighting control switches and electronic illumination management systems | — |
| 12 | Green Graphite Technologies Developer of graphite-based batteries for electric vehicles 11Moat top 31%Innovation top 41%Patents top 42%Talent bottom 45% All 8 signals ▾Moattop 31% Innovationtop 41% Patentstop 42% Talentbottom 45% Fundingbottom 37% Globalbottom 31% Techbottom 25% Marketbottom 9% Moat: Editorial + unicorn rating 7/10 · IP moat: 11 patents Innovation: 11 patents (top 62% of patent-holders) · 11 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 11/100 | $2M | 32 mo ago | Seed | Gillian Holcroft Co-Founder & CEO | 2021 | WordPressMySQLPHP+12 | 11 patents High‑purity graphite production for lithium‑ion battery anode materials | — |
| 13 | Renewz Solar-powered carports for EV charging | $350K | 118 mo ago | Seed | Sass Peress Founder & CEO | 2011 | — | — | — |
| 14 | Idnergie Provider of renewable energy generating products | $263K | 81 mo ago | Seed | — | 2010 | WordPressMySQLPHP+19 | — | — |
| 15 | Concept GEEBEE Developer of electric two-wheelers | $100K | 54 mo ago | Funding Raised | Jean-Luc Le Nevannau Founder | 2010 | WordPressMySQLRedis+18 | — | — |
Top 12 Energy Tech companies in Montreal
#1
Series C · Montreal, Montreal · founded 2011 · 2 employees$145.1Mraised▾
Provider of satellite-based imaging services to monitor greenhouse gas emissions. It provides users with a platform for collecting greenhouse emission data from industries. It has launched satellites that orbit the earth, measures the amount of light absorbed in specific wavelengths of light in spectroscopy, and measures gas leaks. It offers sensor-based solutions via aircraft, and the absorption of light is used to measure the concentration of gases in a specific area. It uses proprietary algorithms for predicting emission rates and detecting leakages and emission patterns.
- Sep 2025Series C$34M
- Sep 2025Conventional Debt—
- Sep 2023Series C$44M
- Sep 2023Conventional Debt—
#2
Series C · Montreal, Montreal · founded 2015 · 70 employees$97.5Mraised▾
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- Sep 2025Series C—
- Mar 2025Series C$55M
- Aug 2023Series B$50M
- May 2023Series B—
#3
Series H · Montreal, Montreal · founded 2000 · 311 employees$858.6Mraised▾
Provider of technology converting waste into low-carbon fuels and circular chemicals. The technology processes waste and residues into low-carbon fuels. It offers gasification technology that converts waste into sustainable chemicals. The company builds projects to produce sustainable methanol for hard-to-abate sectors.
- Apr 2022Series H$255M
- Feb 2022Grant (prize money)$4.3M
- Oct 2019Series G$37.8M
- Apr 2019Series G$57.1M
#4
Acquired · Montreal, Montreal · founded 1988 · 290 employees$45.5Mraised▾
Provider of smart solar canopies and carports. Its offerings include Oasis solar canopy and Palm solar carport. The products are equipped with features such as smart lighting, electric vehicle charging, curved solar panel design, and more. It also provides a smartphone app called the iSun mobile app for controlling and monitoring smart lighting, energy production and consumption, carbon savings, electric vehicle charger, and more.
- May 2024Post IPO$50K
- Dec 2023Post IPO$3M
- Nov 2022Post IPO$12.5M
- Oct 2021Post IPO$30M
#5
Acquired · Montreal, Quebec · founded 2017 · 170 employees$102.8Mraised▾
Developer of an AI platform for building HVAC system optimization. The platform autonomously optimizes HVAC systems to reduce energy consumption. It offers a cloud building management system for portfolio-wide control. The company provides resources, including articles, case studies, and tools, related to AI and sustainability.
- Jul 2023Series B$10M
- Apr 2023Series B$30M
- Feb 2023Series A$4.8M
- Oct 2022Grant (prize money)$178.2K
#6
Series B · Montreal, Montreal · founded 2015 · 45 employees$42Mraised▾
Dynamic LED lighting solutions for greenhouses, optimizing plant growth and productivity. They offer a comprehensive dynamic lighting technology, including smart fixtures, a cloud platform, and support. Their solution recreates natural sunlight, delivering ideal light recipes for various crops, regardless of location. This leads to increased productivity, better taste, and longer shelf life. They provide flexible LED fixtures, AI-powered by their cloud platform, supported by agronomists and technical specialists. They focus on innovation and pragmatic solutions to balance costs, crop growth, product quality, and sustainability. They offer smart support, including planning, installation, training, and monitoring. They are a cleantech company, offering energy-efficient solutions. They are a B2B company, offering a SaaS platform.
- Jan 2023Series B$30M
- Apr 2022Grant (prize money)$2.5M
- Feb 2022Series A—
- Oct 2020Series A$9.1M
#7
Series A · Montreal, Quebec · founded 2018 · 69 employees$15Mraised▾
Provider of innovative technology for recycling lithium-ion batteries. It produces strategic materials from lithium-ion batteries.
- Sep 2022Series A—
- Apr 2022Series A$15M
- Apr 2022Grant (prize money)$7.5M
- Jan 2022Series A—
#8
Series A · Montreal, Montreal · founded 2006 · 67 employees$19.6Mraised▾
Developer of electrification and connectivity systems for heavy-duty vocational trucks. The company provides electric and hybrid electric solutions for new and existing fleets. Their technology uses supercapacitors, which are suited to the energy needs of heavy-duty vehicles. The company’s systems reduce greenhouse gas emissions without impacting operations.
- Sep 2020Series A$7.6M
- Jun 2020Grant (prize money)$4.2M
- Dec 2018Series A$12M
#9
Seed · Montreal, Quebec · founded 2021 · 3 employees$1.5Mraised▾
Developer of graphite-based batteries for electric vehicles. It process includes conversion of natural flake to micronization, graphure purification, carbon coating, and more.
- Oct 2023Seed$1.5M
#10
Acquired · Montreal, Montreal · founded 2012 · 60 employees$18.4Mraised▾
Offers a cloud big data analytics platforms for insights and intelligence to connected object manufacturers. Their solutions are tailored to five verticals: wearable devices, industry, automotive, buildings and healthcare. Their solution analyzes the data generated by devices and provides distinct benefits such as: understand user behavior and feature requirements, discover overloaded resources and patterns to predict unanticipated events and adaptive patient tracking and monitoring as well as decreased re-hospitalization. Also enables developers to build, deploy and manage data-rich applications for connected devices.
- Oct 2018Series B—
- Jan 2018Series B$13.4M
- May 2015Series A$5M
#11
Seed · Montreal, Montreal · founded 2019 · 27 employees$2.2Mraised▾
Developer of AI-enabled power-electronic components for multi-category electric vehicles. The company develops various products like Motor controller with features like weatherproof, wireless connectivity, compatible with 24V to 96V systems, etc. Drone ESC is an electronic speed controller with features like switching efficiency, weather resistance, etc. Dynamic drive is an AI and software-defined solid-state transmission for all range of electric-vehicles
- Aug 2022Seed$1.4M
- Dec 2021Grant (prize money)$100K
- Oct 2021Seed$485K
#12
Deadpooled · Montreal, Montreal · founded 2009$1.5Mraised▾
YWire Technologies designs and manufactures lighting control devices for the commercial buildings market. Its FiveSeries Lighting Control System uses Broadband over Power Line for device networks and integration into Building Automation Systems. The company's product portfolio includes Zone Controllers (in-wall & in-celling solutions), SmartGrid Gateway (at the breaker), Building Automation System (enterprise system) etc. Its solutions enable to install fully networked lighting controls in an existing building without pulling any wire at a lower cost.
- Dec 2011Seed$1.2M
- Nov 2009Seed$28.5K
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 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
- PEAK Power16
- Aspin KEMP & ASS Holding16
- Agora Energy TECH15
- Avalon Battery Canada13
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.