Radar · Energy Tech in Toronto
Best Energy Tech Companies in Toronto, Canada
The 118 best Energy Tech companies in Toronto, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Hydrostor.
By Rohit KhannaTrends & Stories
118companies tracked
$994Mdisclosed funding
0unicorns
40have raised
FLIAR INTELLIGENCE · ENERGY TECH × TORONTO
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
247kcombined LinkedIn audience
47%of audience held by top 3
6companies hiring publicly (12 mo)
Ranked: Best Energy Tech companies in Toronto
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | 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 |
| 2 | 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). | — |
| 3 | 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 | — |
| 4 | 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 | 8 mo ago | 37 | Trent Mell CEO | PHPCentOSVimeo+18 | — | 1 expansion |
| 5 | 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 | — | — |
| 6 | Morgan Solar Provider of solar design simulation software solutions | $46M | 102 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 |
| 7 | 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 |
| 8 | SWTCH Provider of EV charging management systems | $38M | 12 mo ago | 76 | Carter Li CEO | RubyAuth0Auth0 Lock+31 | — | 1 partnership |
| 9 | 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 |
| 10 | 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 |
| 11 | 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 | — | — |
| 12 | 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 |
| 13 | 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 | — |
| 14 | 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 | — |
| 15 | 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 | — |
| 16 | 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. | — |
| 17 | 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 | 5 mo ago | — | Anthony Fernando Co-Founder | — | — | — |
| 18 | QD Solar Developer pof quantum dot-based photovoltaic cells | $8M | 51 mo ago | 12 | — | — | 12 patents Surface‑engineered colloidal quantum dots for high‑efficiency solution‑processed photovoltaics | — |
| 19 | 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 | — | — |
| 20 | energyX Solutions Energy audit app for energy service companies | $5M | 70 mo ago | 12 | — | — | — | — |
| 21 | 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 | — |
| 22 | 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 |
| 23 | ChargerQuest Operator of electric vehicle charging solutions | $3M | 60 mo ago | 3 | Christopher Misch Founder & CEO | — | — | — |
| 24 | Nanoleaf Energy efficient lightbulbs | $3M | 123 mo ago | 95 | Tom Rodinger Chief Technology Officer and Cofounder | Cart FunctionalityShopifyRoute+33 | — | — |
| 25 | ElectroKinetic Solutions Technology solution to manage tailings for oil sands | $2M | 143 mo ago | 6 | Jim Micak CEO | — | 4 patents Electrochemical stabilization of mining tailings for geotechnical construction applications. | — |
| 26 | 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. | — |
| 27 | SensorSuite Cloud-based building energy management solution | $550K | 103 mo ago | 13 | — | — | — | — |
| 28 | 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 |
| 29 | Accuenergy End to end power metering solutions provider | $150K | 198 mo ago | 42 | — | WordPressMySQLPHP+29 | — | 3 launchs |
| 30 | Roll Scooter App-based platform offering electric kick-scooter sharing services | $120K | 59 mo ago | 10 | Richard Cao Founder & CEO | — | — | — |
| 31 | nectar Provider of electric vehicle charging solutions | $100K | 37 mo ago | 5 | — | — | — | — |
Top 12 Energy Tech companies in Toronto
#1
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 — 3.5% 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
#2
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 — 14.1% 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
#3
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
#4
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 — 17.9% 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
#5
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 — 4.4% 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
#6
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
#7
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
#8
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
#9
Public · Toronto, Ontario · founded 2011 · 50 employees$3.9Mraised▾
Public · Toronto, Ontario · founded 2011 · 50 employees
Developer of smart off-grid controllers. It offers smart off-grid controllers which harvest energy from solar panels and a wind turbine, communications, and cloud software to power off-grid streetlights, security systems and offers other related services. Products include solar controllers, hybrid controllers, telecom power packs, nano-grid power packs, and others.
Fliar Intelligence Index™ 50how this company ranks against its industry peers
Tech
top 32%Funding
top 34%Talent
top 35%Moat
top 38%Partners
top 40%News
top 42%Tech: 35 technologies across 5/8 capability areas · Cloud: Cloudflare · Devops: Nginx
Funding: Raised $3.9M across 16 rounds · 16 rounds over 12 yrs (1.3/yr) · Last round Post IPO (Jan 2025)
Talent: Analyst team rating 5/5 · 1 named leader on record · 1 C-suite/founder profile curated
Audience (LinkedIn): 7k LinkedIn followers — 2.7% of this cohort's audience
Activity (LinkedIn): 1 partnerships (incl. Eutelsat Group) announced in 12 mo
Funding rounds
- Jan 2025Post IPO$1.1M
- Sep 2024Convertible Debt$1.8M
- Jan 2023Post IPO$1.9M
- Sep 2022Grant (prize money)$5M
Founders & team
Investors
FedDev Ontario, Sustainable Development Technology Canada, National Research Council Canada, Export Development Canada, Haywood, Ontario Centre of Innovation
Tech stack
CloudflareGoogle WorkspaceHstsNext.JsNext.Js App RouterNginx
#10
Series B · Toronto, Ontario · founded 2018 · 23 employees$35.7Mraised▾
Series B · Toronto, Ontario · founded 2018 · 23 employees
Platform for reducing energy consumption. It monitors the consumption of gas and electricity by connecting to the building via the cloud and optimizes the mechanical systems. It provides real-time energy data and allows tracking of monthly savings through energy reports.
Fliar Intelligence Index™ 48how this company ranks against its industry peers
Product
top 30%Funding
top 32%Innovation
top 34%Talent
top 38%Moat
top 39%Tech
bottom 45%Product: 6 distinct product lines · Company stage: Series B
Funding: Raised $35.7M across 6 rounds · 6 rounds over 7 yrs (0.9/yr) · Last round Series B (Jun 2024)
Innovation: 6 product lines
Audience (LinkedIn): 8k LinkedIn followers — 3.2% of this cohort's audience
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
- Jun 2024Series B$19M
- Oct 2023Conventional Debt$4M
- Oct 2022Series B$8M
- Dec 2020Series A$5M
Founders & team
Investors
RET Ventures, Wyse, New York State, ArcTern Ventures, SVB, Idealist Capital
Tech stack
Master SliderWordpressMysqlPhpBootstrapAnimate.Css
#11
Seed · Toronto, Ontario · founded 2016 · 22 employees$3.7Mraised▾
Seed · Toronto, Ontario · founded 2016 · 22 employees
AI-powered energy management software. It provides AI-powered energy management software solutions to large energy consumers, enabling them to reduce energy costs and emissions through predictive analytics and IoT-based monitoring.
Fliar Intelligence Index™ 27how this company ranks against its industry peers
Talent
top 38%AI
top 45%Funding
bottom 49%Tech
bottom 37%Global
bottom 37%Market
bottom 27%Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
AI: Product described with: ai-powered
Funding: Raised $3.7M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) · Last round Seed (Jan 2025)
Audience (LinkedIn): 5k LinkedIn followers
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- Jan 2025Seed$2.5M
- Dec 2024Seed$1.2M
Founders & team
Investors
ABB, GreenSky
Tech stack
Apache Http ServerDebianElementorGoogle CloudGoogle Cloud CdnGoogle Workspace
#12
Series A · Toronto, Ontario · founded 2021 · 39 employees$28Mraised▾
Series A · Toronto, Ontario · founded 2021 · 39 employees
Provider of auto financing solutions for buying electric vehicles. The platform enables users to take financing for buying electric vehicles and claims to achieve the climate goals.
Fliar Intelligence Index™ 35how this company ranks against its industry peers
Tech
top 35%Talent
top 38%Funding
top 42%Fin. health
bottom 49%Global
bottom 45%Market
bottom 37%Tech: 33 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Observability: Logrocket, Sentry
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $28.0M across 3 rounds · 3 rounds over 5 yrs (0.6/yr) · Last round Series A (Nov 2023)
Funding rounds
- Nov 2023Series A$10M
- Nov 2022Conventional Debt$25M
- Jul 2022Seed$18M
- 2021Seed—
Founders & team
Investors
Humancapitalonline, Giant Ventures, Breyer Capital, Global Founders Capital, Firstminute Capital, Climate Capital
Tech stack
Amazon CloudfrontAmazon SesAmazon Web ServicesApple Icloud MailCalendlyCloudflare
Funding & investor landscape
$994Mtotal disclosed funding
38companies funded
135disclosed rounds
0rounds last 90 days
Most active investors
Export Development Canada7 rounds
Notable founders
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
Carter Li
CEO · SWTCH
James Larsen
CEO · e-Zinc
Abdel Ali
Founder · Kiwi Charge
Sheida Shahi
Co-Founder & CEO · Adaptis
Aida Mollaei
Co-Founder · Adaptis
John Tuerk
Co-Founder & Chief Power Officer · Clear Blue Technologies
Brian MacLeod
Co-Founder · Parity
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 IN TORONTO · Energy
How research on Energy Storage in Toronto is moving
A read on the academic research around Energy Storage in Toronto — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 70 papers.
Toronto's University of Toronto and Toronto Metropolitan University dominantly research supercapacitor and advanced battery materials, with an optimistic tone driven by 59 breakthrough/advancement papers versus 5 concerns.
70 papers · stance +0.50 · 25% breakthrough · 8% concern
top institutions
- University of Toronto44
- Toronto Metropolitan University26
- Toronto and Region Conservation Authority2
- Toronto Public Health1
leading researchers
Keryn Lian · Alan S. Fung · Bala Venkatesh · Dian Yu · Jane Y. Howe · Kerstin Köble
prism intelligence · tone & topics
94% positive · 3% critical tone
BusinessMaterials ScienceEnvironmentAutomotiveReal EstateSustainability
▲
Breakthroughs16 · 23%
▼ 29%→22% share
▼0.8× share momentum4 median citations81% since 2021mostly methods-led
Anode and Renewable energy research newly emerging, while Redox and Battery breakthroughs hold steady at 3 papers each.
rising sub-themes (early→recent)
- Redox3
- Battery (electricity)3
- Anode3
- Renewable energy3
- Supercapacitor2
Newly emergingAnode 0→3 · Renewable energy 0→3
Landmark Knitted and screen printed carbon-fiber supercapacitors for applications in wearable electronics · 542 cites
◆
Advancements43 · 61%
▲ 14%→67% share
▲4.8× share momentum1 median citations93% since 2021mostly methods-led
Advancements dominate — field-share surged 14%→67%, led by Electrochemistry and Renewable energy debuting at 8 papers each.
rising sub-themes (early→recent)
- Battery (electricity)1→6
- Supercapacitor1→4
Newly emergingElectrochemistry 0→8 · Renewable energy 0→8 · Electrolyte 0→7
Landmark An Overview of SMES Applications in Power and Energy Systems · 543 cites
▼
Concerns5 · 7%
▼ 14%→7% share
▼0.5× share momentum0 median citations80% since 2021mostly reviews
Concern signals cooling — field-share halved 14%→7%, though Energy signal-processing interest edges up to 2 papers.
rising sub-themes (early→recent)
- Energy (signal processing)2
- Battery (electricity)1
- Transformative learning1
- Sustainable energy1
- Bridge (graph theory)1
Landmark The rise of organic electrode materials for energy storage · 1,060 cites
Common questions
How many Energy Tech companies are there in Toronto, Canada?
Radar tracks 118 indexable Energy Tech companies headquartered in Toronto, Canada that meet our profile-completeness bar.
What is the total funding raised by Energy Tech companies in Toronto, Canada?
The Energy Tech companies in Toronto, Canada on this list have raised a combined $994M in disclosed equity funding across 38 funded companies.
Which is the highest-funded Energy Tech company in Toronto, Canada?
Hydrostor is the highest-funded Energy Tech company in Toronto, Canada, with $295M in disclosed equity funding.
How many Energy Tech companies in Toronto, Canada are funded?
38 of the 118 Energy Tech companies in Toronto, Canada on this list have disclosed at least one equity funding round.
How many Energy Tech unicorns are there in Toronto, Canada?
None of the Energy Tech companies in Toronto, Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Toronto, Canada Energy Tech companies?
The most active investors in Toronto, Canada Energy Tech companies on this list include BDC, Sustainable Development Technology Canada, MaRS Discovery District, Accelerator Centre, Export Development Canada.
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.