Radar · Energy Tech in Ontario
Best Energy Tech Companies in Ontario, Canada
The 278 best Energy Tech companies in Ontario, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Amp.
By Rohit KhannaTrends & Stories
278companies tracked
$2.3Bdisclosed funding
0unicorns
86have raised
FLIAR INTELLIGENCE · ENERGY TECH × ONTARIO
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.
287companies analysed
82%cloud-native stacks
2025funding peak (by rounds)
32unicorns
2018median founding year
295kcombined LinkedIn audience
40%of audience held by top 3
9companies hiring publicly (12 mo)
Ranked: Best Energy Tech companies in Ontario
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Amp Developer of renewable energy assets, battery storage, and digital energy platforms 55Product top 26%Funding top 29%Growth top 30%Talent top 35% All 12 signals ▾Producttop 26% Fundingtop 29% Growthtop 30% Talenttop 35% Moattop 37% AItop 45% Globalbottom 47% Marketbottom 42% Techbottom 40% Innovationbottom 39% Patentsbottom 35% Newsbottom 27% Product: 11 distinct product lines · Company stage: Acquired Funding: Raised $528M across 4 rounds · 4 rounds over 8 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 55/100 | $528M | 52 mo ago | 41 | David Rogers Founder & CEO | HubSpot CMS HubBootstrapIsotope+17 | 8 patents Coordinated multi-device streaming and playback synchronization for digital audio/video content | — |
| 2 | Hydrostor Developer of advanced compressed air energy storage for grid applications 76Funding top 18%Product top 21%Talent top 23%Innovation top 26% All 11 signals ▾Fundingtop 18% Producttop 21% Talenttop 23% Innovationtop 26% Patentstop 26% Moattop 26% Growthtop 28% Techtop 40% Newstop 42% Marketbottom 44% Globalbottom 40% Funding: Raised $295M across 10 rounds · 10 rounds over 10 yrs (1.0/yr) Product: 4 distinct product lines · Company stage: Series D rank vs industry peers · Fliar Intelligence Index 76/100 | $295M | 16 mo ago | 60 | Cameron Lewis Co-Founder | WordPressApple iCloud MailMicrosoft 365+27 | 123 patents Hydrostatically compensated compressed air energy storage systems improving safety and efficiency | 1 job opening · 1 award |
| 3 | Hydro Ottawa Provider of billing and energy monitoring services 72Funding top 20%Tech top 31%Growth top 35%Market top 37% All 7 signals ▾Fundingtop 20% Techtop 31% Growthtop 35% Markettop 37% Producttop 50% Globalbottom 25% Newsbottom 22% Funding: Raised $235M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) Tech: 43 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon Ses rank vs industry peers · Fliar Intelligence Index 72/100 | $235M | 16 mo ago | 680 | — | DrupalApple iCloud MailGoogle Workspace+24 | — | 1 job opening |
| 4 | ecobee Manufacturer of smart thermostats, sensors, cameras, and security system bundles 78AI top 15%Customers top 19%Tech top 23%Patents top 33% All 13 signals ▾AItop 15% Customerstop 19% Techtop 23% Patentstop 33% Fundingtop 34% Producttop 36% Markettop 37% Moattop 38% Talenttop 38% Innovationtop 42% Growthbottom 48% Globalbottom 42% Newsbottom 24% AI: Holds AI/ML patents (G06N-family CPC) Customers: Play-Store rating 4.30★ across 39,875 ratings (2 apps) · Review volume +45% in 6 mo rank vs industry peers · Fliar Intelligence Index 78/100 | $155M | 96 mo ago | 520 | Oksana Lvova Ceo | Amazon WebstoreContentfulApple iCloud Mail+37 | 82 patents Residential smart energy management and integrated home automation (thermostats, lighting, cameras). | 1 job opening |
| 5 | Pond Technologies Provider of algal biomass solutions | $149M | 38 mo ago | 20 | — | WordPressMySQLPHP+29 | — | — |
| 6 | Next Hydrogen Developer of water electrolyzer technology for green hydrogen production solutions | $69M | 6 mo ago | 42 | Jim Hinatsu Founder | WordPressMySQLPHP+23 | 72 patents Wind‑powered hydrogen electrolysis systems and pressure‑plate electrolyzer hardware | — |
| 7 | e-Zinc Provider of rechargeable zinc batteries | $62M | 23 mo ago | 82 | James Larsen CEO | WordPressApple iCloud MailMicrosoft 365+21 | 19 patents Advanced cathode structures and electrolyte management for metal‑based rechargeable batteries | — |
| 8 | Electra Battery Materials Provider of materials for electric vehicle batteries through refining and recycling 57News top 22%Growth top 25%Partners top 25%Funding top 29% All 8 signals ▾Newstop 22% Growthtop 25% Partnerstop 25% Fundingtop 29% Talenttop 37% Techbottom 48% Marketbottom 42% Globalbottom 36% News: 68 BI events in 12 mo (of 238 tracked, 10 types) · +106% YoY Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 57/100 | $60M | 7 mo ago | 37 | Trent Mell CEO | PHPCentOSVimeo+18 | — | 1 expansion |
| 9 | Otilu Mionics Developer of advanced materials for electronics, displays, and quantum computing | $55M | 43 mo ago | 54 | Michael Helander President & CEO | WordPressApple iCloud MailGoogle Workspace+12 | — | — |
| 10 | Morgan Solar Provider of solar design simulation software solutions | $46M | 101 mo ago | 34 | Mike Andrade CEO | Cart FunctionalitySquarespace CommerceSquarespace+24 | 187 patents Building-integrated photovoltaic shading systems with smart monitoring and wireless power transfer | 1 partnership |
| 11 | Hydrogenics Makes fuel cells and hydrogen energy storage | $46M | 74 mo ago | 187 | — | — | 447 patents Hydrogen generation and fuel‑cell power systems, focusing on electrolyzers, bipolar plates, and thermal management. | — |
| 12 | Encycle Provider of wireless energy management solutions 24Funding top 35%Moat top 37%Product top 40%Patents top 49% All 10 signals ▾Fundingtop 35% Moattop 37% Producttop 40% Patentstop 49% Talentbottom 49% Innovationbottom 43% Globalbottom 43% Marketbottom 37% Techbottom 25% Newsbottom 22% Funding: Raised $45.7M across 8 rounds · 8 rounds over 15 yrs (0.5/yr) Moat: Editorial + unicorn rating 7/10 · IP moat: 18 patents rank vs industry peers · Fliar Intelligence Index 24/100 | $46M | 61 mo ago | 30 | Robert Chiste Chairman and CEO | — | 18 patents Intelligent HVAC control and fault detection via smart thermostat orchestration | 2 job openings |
| 13 | SWTCH Provider of EV charging management systems | $38M | 12 mo ago | 76 | Carter Li CEO | RubyAuth0Auth0 Lock+31 | — | 1 partnership |
| 14 | Electrovaya Manufacturer of lithium-ion battery technology and energy storage systems | $37M | 20 mo ago | — | Sankar Gupta Co-Founder & CEO | WordPressMySQLPHP+19 | 86 patents Advanced lithium‑ion battery separators, safety devices, leakage detection, and BMS demand‑response management | 4 job openings |
| 15 | Parity Platform for reducing energy consumption 48Product top 30%Funding top 32%Innovation top 34%Talent top 38% All 9 signals ▾Producttop 30% Fundingtop 32% Innovationtop 34% Talenttop 38% Moattop 39% Techbottom 45% Marketbottom 36% Globalbottom 36% Newsbottom 21% Product: 6 distinct product lines · Company stage: Series B Funding: Raised $35.7M across 6 rounds · 6 rounds over 7 yrs (0.9/yr) rank vs industry peers · Fliar Intelligence Index 48/100 | $36M | 24 mo ago | 23 | Brian MacLeod Co-Founder | — | — | 1 expansion |
| 16 | ChargeLab Provider of electric vehicle station management solution | $30M | 38 mo ago | 48 | Ehsan Mokhtari Co-Founder & CTO | HubSpot CMS HubApple iCloud MailGoogle Workspace+26 | — | 1 launch |
| 17 | Valent Provider of renewable fuels and oil desulfurization solutions | $30M | 63 mo ago | 7 | Tim Haig Co-Founder & CEO | — | — | — |
| 18 | Tenet Computer Group Provider of auto financing solutions for buying electric vehicles 35Tech top 35%Talent top 38%Funding top 42%Fin. health bottom 49% All 7 signals ▾Techtop 35% Talenttop 38% Fundingtop 42% Fin. healthbottom 49% Globalbottom 45% Marketbottom 37% Growthbottom 25% Tech: 33 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 35/100 | $28M | 31 mo ago | 39 | Andreas Wallendahl Co-Founder & CEO | ContentfulSentryApple iCloud Mail+25 | — | — |
| 19 | IGNIS Innovation Provider of AMOLED display solutions | $28M | 132 mo ago | 23 | — | — | 1,090 patents Advanced AMOLED display calibration, compensation, and pixel circuit technologies | — |
| 20 | FORGE Hydrocarbons Developer of LTH technology to produce petroleum-based hydrocarbons | $27M | 76 mo ago | 6 | Tim Haig Founder & CEO | — | 20 patents Converting fatty acids and organic waste into low‑acid hydrocarbon fuels via pyrolysis. | — |
| 21 | VendorPM SaaS-driven vendor bids management software for homeowners 40Funding top 38%Talent top 38%Tech top 45%Product bottom 48% All 7 signals ▾Fundingtop 38% Talenttop 38% Techtop 45% Productbottom 48% Marketbottom 40% Globalbottom 37% Newsbottom 22% Funding: Raised $26.0M across 3 rounds · 3 rounds over 6 yrs (0.5/yr) Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 40/100 | $26M | 45 mo ago | 56 | Dylan Sher Co-Founder & COO | WebflowSalesforceIntercom+32 | — | 1 job opening |
| 22 | Solantro Provider of chipsets for power conversion applications | $26M | 134 mo ago | 30 | Tudor Lipan Co-Founder | — | — | — |
| 23 | Orecon Wave absorber technology developer | $24M | 219 mo ago | — | David Crisp Founder & CEO | — | — | — |
| 24 | ThoughtWire Provider of IoT predictive maintenance platform | $22M | 72 mo ago | 64 | Dale Hall Executive VP & Co-Founder | — | 32 patents Semantic data integration and sharing platform for enterprise software systems | — |
| 25 | FuelPositive Provider of green ammonia | $20M | 18 mo ago | 9 | — | WordPress Block EditorwpBakeryElementor+37 | 15 patents Modular on‑site clean hydrogen and ammonia/ammonium‑hydroxide synthesis systems | — |
| 26 | GeoDigital Provider of digital infrastructure solutions and spatial intelligence software for utilities | $18M | 144 mo ago | 78 78 → 132 (+69%) | — | WordPressApple iCloud MailMicrosoft 365+21 | — | — |
| 27 | BluWave-ai Developer of artificial intelligence software for optimizing energy grid operations 64Innovation top 21%Patents top 24%Moat top 25%Talent top 25% All 11 signals ▾Innovationtop 21% Patentstop 24% Moattop 25% Talenttop 25% AItop 30% Fundingtop 40% Producttop 40% Globalbottom 40% Marketbottom 38% Techbottom 34% Newsbottom 22% Innovation: 51 patents (top 30% of patent-holders) · 42 filings since 2022 vs 9 in 2017-21 Patents: 51 patents matched (strict assignee match) · 42 filings since 2022 vs 9 in 2017-21 rank vs industry peers · Fliar Intelligence Index 64/100 | $18M | 42 mo ago | 46 | Paul Georges Leroux Co-Founder | jQueryHSTSGoogle Workspace+3 | 51 patents Smart EV charging management and load allocation for power grid optimization | 2 awards |
| 28 | Kontrol Provider of building management solutions for energy efficiency and sustainability 67Funding top 30%Market top 34%Product top 35%Innovation top 44% All 8 signals ▾Fundingtop 30% Markettop 34% Producttop 35% Innovationtop 44% AItop 45% Newstop 46% Growthtop 50% Globalbottom 29% Funding: Raised $17.6M across 8 rounds · 8 rounds over 5 yrs (1.6/yr) Market: 350 employees (top 12% of Real Estate and Construction Tech) rank vs industry peers · Fliar Intelligence Index 67/100 | $18M | 39 mo ago | 350 | — | — | — | — |
| 29 | eLeapPower Developer of powertrain system for multi-category electric vehicles | $16M | 54 mo ago | 28 | Russell Pullan CEO | — | 58 patents Electric vehicle onboard charging and wireless power integration with advanced power electronics | — |
| 30 | SkyX Develops a VTOL drone and provides inspection services | $16M | 75 mo ago | 20 | Didi Horn Founder and CEO | WordPressMySQLPHP+26 | 15 patents Patents concentrated in transport & manufacturing processes | — |
| 31 | Enedym Manufacturer of electric motors for multiple categories of vehicles 48Patents top 26%Moat top 32%Funding top 33%Growth top 35% All 11 signals ▾Patentstop 26% Moattop 32% Fundingtop 33% Growthtop 35% Talenttop 38% Innovationtop 44% Producttop 46% Techbottom 49% Globalbottom 43% Newsbottom 42% Marketbottom 30% Patents: 39 patents matched (strict assignee match) · 27 filings since 2022 vs 12 in 2017-21 Moat: Editorial + unicorn rating 7/10 · IP moat: 39 patents rank vs industry peers · Fliar Intelligence Index 48/100 | $15M | 7 mo ago | 36 | Randy Reisinger Co-Founder | WordPressApple iCloud MailGoogle Workspace+22 | 39 patents Efficient, low-noise switched reluctance motor systems for renewable and industrial drives | 1 launch |
| 32 | Woodland Biofuels Developer of technology converting biomass waste into carbon negative renewable fuels | $13M | 155 mo ago | 6 | Greg Nuttall CEO | — | 25 patents Converting lignocellulosic biomass to ethanol using syngas fermentation processes. | — |
| 33 | Brickeye Provider of construction risk mitigation platform integrating IoT and data analytics 37Funding top 33%Talent top 38%Product top 42%Moat bottom 45% All 6 signals ▾Fundingtop 33% Talenttop 38% Producttop 42% Moatbottom 45% Marketbottom 40% Globalbottom 36% Funding: Raised $10.0M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 37/100 | $10M | 4 mo ago | — | Anthony Fernando Co-Founder | — | — | — |
| 34 | Imtex Membranes Membrane-based technology solution provider for separation of gas | $10M | 72 mo ago | 22 | Glenn Towe CEO & President | — | 52 patents Facilitated transport membranes for gas separation and liquid replenishment in modular systems | — |
| 35 | QD Solar Developer pof quantum dot-based photovoltaic cells | $8M | 50 mo ago | 12 | — | — | 12 patents Surface‑engineered colloidal quantum dots for high‑efficiency solution‑processed photovoltaics | — |
| 36 | N-Dimesion Cyber-security protection for critical infrastructure assets | $7M | 79 mo ago | 21 | — | — | — | — |
| 37 | Adaptis Provider of AI-powered platform for capital planning and asset decarbonization 32Talent top 38%AI top 45%Tech top 50%Funding bottom 49% All 7 signals ▾Talenttop 38% AItop 45% Techtop 50% Fundingbottom 49% Globalbottom 36% Marketbottom 28% Newsbottom 21% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated AI: Product described with: ai-powered rank vs industry peers · Fliar Intelligence Index 32/100 | $5M | 14 mo ago | 19 | Sheida Shahi Co-Founder & CEO | WixSentryBootstrap+12 | — | — |
| 38 | Hydrogen Optimized Provider of electrolysis-based hydrogen generation systems | $5M | 58 mo ago | — | Edward Stuart Vice President Development | Wix eCommerceWixSentry+20 | — | — |
| 39 | energyX Solutions Energy audit app for energy service companies | $5M | 70 mo ago | 12 | — | — | — | — |
| 40 | Clear Blue Technologies Developer of smart off-grid controllers 50Tech top 32%Funding top 34%Talent top 35%Moat top 38% All 11 signals ▾Techtop 32% Fundingtop 34% Talenttop 35% Moattop 38% Partnerstop 40% Newstop 42% Marketbottom 47% Growthbottom 47% Innovationbottom 45% Globalbottom 45% Patentsbottom 44% Tech: 35 technologies across 5/8 capability areas · Cloud: Cloudflare Funding: Raised $3.9M across 16 rounds · 16 rounds over 12 yrs (1.3/yr) rank vs industry peers · Fliar Intelligence Index 50/100 | $4M | 17 mo ago | 50 | John Tuerk Co-Founder & Chief Power Officer | LocomotiveCMSRubyMongoDB+18 | 22 patents Autonomous solar lighting systems with variable-source charging and remote monitoring | — |
| 41 | Edgecom Energy AI-powered energy management software 27Talent top 38%AI top 45%Funding bottom 49%Tech bottom 37% All 6 signals ▾Talenttop 38% AItop 45% Fundingbottom 49% Techbottom 37% Globalbottom 37% Marketbottom 27% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated AI: Product described with: ai-powered rank vs industry peers · Fliar Intelligence Index 27/100 | $4M | 17 mo ago | 22 | Mostafa Salehi Co-Founder | WordPressMySQLRedis+20 | — | 1 launch |
| 42 | ChargerQuest Operator of electric vehicle charging solutions | $3M | 60 mo ago | 3 | Christopher Misch Founder & CEO | — | — | — |
| 43 | QEA Tech Provider of AI-powered building envelope audits and retrofit recommendations | $2M | 38 mo ago | 22 | Peyvand Melati Founder & CEO | — | — | 1 expansion |
| 44 | ReliON Platform offering charging management solution | $2M | 23 mo ago | — | Jesse White Co-Founder & CTO | WordPress Block EditorWordPress Site EditorWordPress+31 | — | 2 launchs |
| 45 | Voltra Developer of modular EV and energy system control software | $2M | 13 mo ago | — | Alexander Stratmoen Co-Founder | Framer SitesReactPriority Hints+7 | — | — |
| 46 | InMotive Transmission systems for electric vehicle motors | $600K | 31 mo ago | 33 | — | — | 15 patents Segmented pulley transmission and actuator mechanisms for compact high‑torque robotics. | — |
| 47 | Kiwi Charge Platform offering a subscription model for electric vehicle charging | $500K | 4 mo ago | — | Abdel Ali Founder | TurbopackNode.jsRadix UI+9 | — | 1 job opening |
| 48 | Cheelcare Manufacturer of smart power wheelchairs | $174K | 16 mo ago | 10 | Eugene Cherny Co-Founder & CEO | Cart FunctionalityShopifyShop Pay+13 | — | 1 launch |
| 49 | Aluma Power Developer of aluminium air battery | $150K | 15 mo ago | 44 | Paul Simpson Founder – Board Director | WordPressMySQLPHP+22 | — | 3 launchs · 1 award |
Top 12 Energy Tech companies in Ontario
#1
Public · Mississauga, Ontario · founded 2007 · 42 employees$69Mraised▾
Public · Mississauga, Ontario · founded 2007 · 42 employees
Developer of water electrolyzer technology for green hydrogen production solutions. The company focuses on cell design architecture to reduce clean hydrogen generation costs. It aims to enable widespread adoption of hydrogen solutions for global decarbonization. The company's innovation provides operational flexibility to capture renewable energy output.
Funding rounds
- Dec 2025Post IPO$15M
- Dec 2024Post IPO$1.9M
- Nov 2024Post IPO$2.2M
- Jul 2023Grant (prize money)—
Founders & team
Investors
Pathfinder, Canadian Space Agency, Sustainable Development Technology Canada, Smoothwater Capital, Rock Vntrs
Tech stack
Apache Http ServerBootstrapFont AwesomeGodaddyGoogle AnalyticsGoogle Font Api
#2
Public · Toronto, Ontario · founded 2017 · 37 employees$60.3Mraised▾
Public · Toronto, Ontario · founded 2017 · 37 employees
Provider of materials for electric vehicle batteries through refining and recycling. The company focuses on producing materials to power electric vehicles through refining, processing, and recycling. It offers an environmentally conscious option for sourcing materials. The company advances capital projects and delivers operational excellence.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
News
top 22%Growth
top 25%Partners
top 25%Funding
top 29%Talent
top 37%Tech
bottom 48%News: 68 BI events in 12 mo (of 238 tracked, 10 types) · +106% YoY · 27 high-value events (IPO/M&A/funding/contracts) in 12 mo
Growth: Fresh capital in last 24 mo
Partners: 0 partnership announcements in 12 mo (1 in 24 mo) · 12 contract events in 12 mo · Named contractor/client in 12 deals
Audience (LinkedIn): 9k LinkedIn followers — 2.9% of this cohort's audience
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
- Oct 2025Post IPO$34.5M
- Apr 2025Post IPO$1.6M
- Mar 2025Post IPO$3.1M
- Feb 2025Grant (prize money)$10M
Founders & team
Investors
Military Health
Tech stack
Apache Http ServerCdnjsCentosCloudflareCloudflare Bot ManagementFont Awesome
#3
Series D · Toronto, Ontario · founded 2010 · 60 employees$295Mraised▾
Series D · Toronto, Ontario · founded 2010 · 60 employees
Developer of advanced compressed air energy storage for grid applications. The company provides long-duration energy storage solutions, leveraging compressed air stored in underground caverns. When power is needed, the process is reversed to dispatch energy. The technology offers a reliable and cost-effective alternative for large-scale energy storage. The company’s systems are designed to match grid requirements and provide essential grid services.
Fliar Intelligence Index™ 76how this company ranks against its industry peers
Funding
top 18%Product
top 21%Talent
top 23%Innovation
top 26%Patents
top 26%Moat
top 26%Funding: Raised $295M across 10 rounds · 10 rounds over 10 yrs (1.0/yr) · Last round Series D (Feb 2025)
Product: 4 distinct product lines · Company stage: Series D
Talent: 5 named leaders on record · 3 C-suite/founder profiles curated
Audience (LinkedIn): 35k LinkedIn followers — 11.8% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Director of Project Development
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Feb 2025Series D$150M
- Feb 2025Conventional Debt$50M
- Oct 2024Series D$20M
- Dec 2023Series D$40M
Founders & team
Investors
Natural Resources Canada, Sustainable Development Technology Canada, Lorem Partners, Canoe Financial, ArcTern Ventures, Amplify Capital
Tech stack
Amazon AlbAmazon Web ServicesApache Http ServerApple Icloud MailAstraCdnjs
#4
Acquired · Toronto, Ontario · founded 2013$10Mraised▾
Acquired · Toronto, Ontario · founded 2013
Provider of construction risk mitigation platform integrating IoT and data analytics. The platform offers real-time monitoring, alerts, and analytics for construction projects. It focuses on mitigating water damage, monitoring concrete, and managing environmental risks. The platform serves general contractors, owners, developers, and insurance providers with risk mitigation solutions.
Fliar Intelligence Index™ 37how this company ranks against its industry peers
Funding
top 33%Talent
top 38%Product
top 42%Moat
bottom 45%Market
bottom 40%Global
bottom 36%Funding: Raised $10.0M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) · Last round Series B (Jan 2026)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Product: 1 published app (91 installs) · Company stage: Acquired
Audience (LinkedIn): 4k LinkedIn followers
Funding rounds
- Jan 2026Series B$10M
- Oct 2023Series A$10M
Founders & team
Investors
BDC, Graphite Ventures, GreenSky, Brightspark Ventures, Export Development Canada, MaRS IAF
#5
Late Stage · Ottawa, Ontario · founded 2000 · 680 employees$235Mraised▾
Late Stage · Ottawa, Ontario · founded 2000 · 680 employees
Hydro Ottawa is a provider of energy monitoring services and also provides billing with respect to the same for both commercial and residential sectors. Core services also include electricity distribution, renewable energy generation and energy conservation and management. Energy consumption monitoring services are additionally provided with mobile app integration for remote access.
Fliar Intelligence Index™ 72how this company ranks against its industry peers
Funding
top 20%Tech
top 31%Growth
top 35%Market
top 37%Product
top 50%Global
bottom 25%Funding: Raised $235M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Unattributed (Jan 2025)
Tech: 43 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon Ses · Devops: Envoy, Varnish
Growth: Fresh capital in last 24 mo
Audience (LinkedIn): 22k LinkedIn followers — 7.6% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public)
Funding rounds
- Jan 2025Unattributed$235M
Tech stack
Acquia Cloud PlatformAddtoanyAmazon CloudfrontAmazon SesAmazon Web ServicesApple Icloud Mail
#6
Series A · Hamilton, Ontario · founded 2010 · 36 employees$15Mraised▾
Series A · Hamilton, Ontario · founded 2010 · 36 employees
Manufacturer of electric motors for multiple categories of vehicles. The platform offers users electric motors, power turbines, generators, and more. They provide their services for commercial buildings, data centers, defense, greenhouses, healthcare, marine, mining, and more.
Fliar Intelligence Index™ 48how this company ranks against its industry peers
Patents
top 26%Moat
top 32%Funding
top 33%Growth
top 35%Talent
top 38%Innovation
top 44%Patents: 39 patents matched (strict assignee match) · 27 filings since 2022 vs 12 in 2017-21 · Latest publication 2026
Moat: Editorial + unicorn rating 7/10 · IP moat: 39 patents · 9 curated direct competitors tracked
Funding: Raised $15.0M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) · Last round Series A (Nov 2025)
Audience (LinkedIn): 3k LinkedIn followers
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- Nov 2025Series A—
- Feb 2022Grant (prize money)$2.4M
- Jun 2021Series A$15M
Founders & team
Investors
Napino, Pathfinder, TRIO, Sustainable Development Technology Canada, Honda, Precog Innovation
Tech stack
Apple Icloud MailCloudflareCloudflare Bot ManagementContact Form 7FancyboxFlickity
#7
Series B · Toronto, Ontario · founded 2018 · 76 employees$38Mraised▾
Series B · Toronto, Ontario · founded 2018 · 76 employees
Provider of EV charging management systems. Its features include an EV charging platform that optimises charging and revenue management for property owners. It networks chargers with the internet to enable remote monitoring, access control, energy metering, billing and payments. Its app enables the monitoring and management of charging. It is available across both Android and iOS platforms.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 44k LinkedIn followers — 15.1% of this cohort's audience
Activity: 1 partnerships (incl. Parking BossTM (Community BossTM)) announced in 12 mo
Funding rounds
- Jun 2025Series B$4M
- Apr 2024Series B$27.2M
- Apr 2022Series A$10M
- Apr 2022Conventional Debt$3M
Founders & team
Investors
IBI Group, Active Impact Investments, Cogito Capital, Export Development Canada, Ontario Centre of Innovation, Blue Earth Capital
Tech stack
Amazon CloudfrontAmazon SesAmazon Web ServicesApache Http ServerBootstrapCart Functionality
#8
Public · Mississauga, Ontario · founded 1997$36.8Mraised▾
Public · Mississauga, Ontario · founded 1997
Manufacturer of lithium-ion battery technology and energy storage systems. The company provides battery systems for various applications, including material handling, e-mobility, and grid-scale energy storage. It offers battery modules and cells using lithium-ion ceramic technology. The company focuses on providing safe and long-lasting battery solutions.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 9k LinkedIn followers — 2.9% of this cohort's audience
Hiring: 4 hiring posts in 12 mo (public) · momentum +4 · hiring: Cell Process Engineer, Sr. Electronics and Electrical Developer
Funding rounds
- Oct 2024Grant (prize money)$1.5M
- Nov 2022Post IPO$10.9M
- Sep 2019Conventional Debt$4.1M
- Aug 2019Conventional Debt$1.1M
Founders & team
Investors
Government of Canada, Sustainable Development Technology Canada, BEST Funds, Brigus Capital
Tech stack
Animate.CssAosApache Http ServerBootstrapCdnjsCloudflare
#9
Series A · Toronto, Ontario · founded 2012 · 82 employees$61.8Mraised▾
Series A · Toronto, Ontario · founded 2012 · 82 employees
Provider of rechargeable zinc batteries. The company offers e-Zinc - an energy storage battery using zinc metal and electrochemical technologies for charging and storing energy.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 11k LinkedIn followers — 3.7% of this cohort's audience
Funding rounds
- Jun 2024Series A$31M
- Oct 2022Venture Debt$7M
- Apr 2022Series A$25M
- Jan 2021Series A$2.3M
Founders & team
Investors
Anzu Partners, BDC Capital Management, Toyota Ventures, Eni Next, Energy Foundry, SVB
#10
Public · Toronto, Ontario · founded 2000 · 9 employees$19.9Mraised▾
Public · Toronto, Ontario · founded 2000 · 9 employees
Provider of green ammonia
LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Funding rounds
- Dec 2024Post IPO$569.4K
- May 2024Post IPO$1.1M
- Feb 2024Post IPO$1.9M
- Jul 2023Post IPO$2M
Investors
Planet Ventures
Tech stack
AcuityadsCloudflareCloudflare Bot ManagementCore-JsElementorFont Awesome
#11
Seed · Toronto, Ontario · founded 2023$500Kraised▾
Seed · Toronto, Ontario · founded 2023
Platform offering a subscription model for electric vehicle charging. It provides portable chargers delivered to customers. It offers Charging-as-a-Service for EV owners in existing buildings that lack the charging infrastructure due to retrofit costs and EV adoption.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Hiring: 3 hiring posts in 12 mo (public) · momentum -1 · hiring: Mechanical Engineer, Lead Software Engineer
Funding rounds
- Feb 2026Seed$500K
Founders & team
Investors
Ovinhub
Tech stack
Google WorkspaceHstsNext.JsNext.Js App RouterNode.JsPriority Hints
#12
Seed · Toronto, Ontario · founded 2022 · 19 employees$5.5Mraised▾
Seed · Toronto, Ontario · founded 2022 · 19 employees
Provider of AI-powered platform for capital planning and asset decarbonization. The platform uses predictive analytics and real building data to guide capital planning decisions. It aligns decarbonization goals with financial realities across design, retrofit, and development. The platform offers portfolio-wide insights to uncover risks and opportunities. It provides a step-by-step plan, mapping out when to invest in capital projects.
Fliar Intelligence Index™ 32how this company ranks against its industry peers
Talent
top 38%AI
top 45%Tech
top 50%Funding
bottom 49%Global
bottom 36%Market
bottom 28%Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
AI: Product described with: ai-powered
Tech: 15 technologies across 5/8 capability areas · Cloud: Google Cloud, Google Cloud Cdn · Observability: Sentry
Audience (LinkedIn): 4k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Apr 2025Seed$4M
- Jun 2024Seed$5.5M
- Jan 2023Seed$1.5M
- Sep 2022Seed—
Founders & team
Investors
Accelerator Centre, Building Ventures, MetaProp, 2048 Ventures, Blue Vision Capital, Powerhouse
Funding & investor landscape
$2.3Btotal disclosed funding
78companies funded
245disclosed rounds
0rounds last 90 days
Most active investors
Export Development Canada9 rounds
Notable founders
Jim Hinatsu
Founder · Next Hydrogen
Michael Stemp
Co-Founder & CTO · Next Hydrogen
Trent Mell
CEO · Electra Battery Materials
Esther Pinto
President & CEO · Hydrostor
Yannick Beaudoin
Director - External Communications · Hydrostor
Anthony Fernando
Co-Founder · Brickeye
Richard Liang
Co-Founder & CTO · Brickeye
Randy Reisinger
Co-Founder · Enedym
Berker Bilgin
Co-Founder and VP of Engineering · Enedym
Carter Li
CEO · SWTCH
Sankar Gupta
Co-Founder & CEO · Electrovaya
James Larsen
CEO · e-Zinc
Prism market signals · Canada · country-scoped Prism corpus, 223,187 docs
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
RESEARCH FROM Ontario · institutions
What Ontario researches in energy storage
Ontario Tech University and University of Ontario Institute of Technology optimistically dominate Ontario's energy-storage research, focusing heavily on advanced batteries and hybrid renewable systems 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 Tech companies are there in Ontario, Canada?
Radar tracks 278 indexable Energy Tech companies headquartered in Ontario, Canada that meet our profile-completeness bar.
What is the total funding raised by Energy Tech companies in Ontario, Canada?
The Energy Tech companies in Ontario, Canada on this list have raised a combined $2.3B in disclosed equity funding across 78 funded companies.
Which is the highest-funded Energy Tech company in Ontario, Canada?
Amp is the highest-funded Energy Tech company in Ontario, Canada, with $528.1M in disclosed equity funding.
How many Energy Tech companies in Ontario, Canada are funded?
78 of the 278 Energy Tech companies in Ontario, Canada on this list have disclosed at least one equity funding round.
How many Energy Tech unicorns are there in Ontario, Canada?
None of the Energy Tech 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 Tech companies?
The most active investors in Ontario, Canada Energy Tech companies on this list include Sustainable Development Technology Canada, BDC, Accelerator Centre, MaRS Discovery District, Ontario Centre of Innovation.
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.