Radar · Environment in Alberta
Best Environment Companies in Alberta, Canada
The 157 best Environment companies in Alberta, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Entropy.
By Rohit KhannaTrends & Stories
157companies tracked
$1.6Bdisclosed funding
0unicorns
28have raised
FLIAR INTELLIGENCE · ENVIRONMENT × ALBERTA
Our analysis of 50 Environment companies
$7.7b in tracked funding; 84% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
50companies analysed
84%cloud-native stacks
2025funding peak (by rounds)
2009median founding year
51median Fliar Index™
167kcombined LinkedIn audience
61%of audience held by top 3
4companies hiring publicly (12 mo)
Ranked: Best Environment companies in Alberta
| # | Company | Disclosed funding | Last round | Stage | Employees | Founded | Founder | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Entropy Provider of full-service carbon capture and storage solutions. 53Patents top 19%Innovation top 20%Funding top 25%Moat top 32% All 10 signals ▾Patentstop 19% Innovationtop 20% Fundingtop 25% Moattop 32% Growthtop 50% Techtop 50% Talentbottom 49% Globalbottom 36% Newsbottom 34% Marketbottom 32% Patents: 34 patents matched (strict assignee match) · 34 filings since 2022 vs 0 in 2017-21 Innovation: 34 patents (top 15% of patent-holders) · 34 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 53/100 | $390M | 30 mo ago | Series D | — | 2021 | Michael Belenkie President & CEO | 34 patents Post-combustion CO₂ capture using solvents and membrane separation technologies | — |
| 2 | Tervita Provider of industrial waste and water management services 53Market top 29%Funding top 33%Moat bottom 42%Patents bottom 41% All 7 signals ▾Markettop 29% Fundingtop 33% Moatbottom 42% Patentsbottom 41% Globalbottom 40% Newsbottom 36% Innovationbottom 22% Market: 1,177 employees (top 11% of Environment) Funding: Raised $335M · 3 rounds over 13 yrs (0.2/yr) rank vs industry peers · Fliar Intelligence Index 53/100 | $335M | 89 mo ago | Acquired | 1,177 | 1979 | — | 4 patents Provides water treatment, drilling fluid, and separation technologies for industrial environmental services | — |
| 3 | Ceiba Energy Services Provider of waste management services | $250M | 77 mo ago | Acquired | 155 | 2011 | — | — | — |
| 4 | Maxim Power Power projects acquisition and operator | $176M | 80 mo ago | Public | 42 | 1993 | Bruce Chernoff Chairman & CEO | — | — |
| 5 | Capital Power Provider of power generation facilities of energy sources 45Partners top 29%News top 36%Funding top 38%Growth top 50% All 8 signals ▾Partnerstop 29% Newstop 36% Fundingtop 38% Growthtop 50% Talentbottom 49% Marketbottom 46% Techbottom 44% Globalbottom 30% Partners: 3 partnership announcements in 12 mo (3 in 24 mo) · 5 contract events in 12 mo News: 21 BI events in 12 mo (of 89 tracked, 10 types) · +24% YoY rank vs industry peers · Fliar Intelligence Index 45/100 | $108M | 13 mo ago | Public | 88 | 2009 | Brian Vaasjo CEO & President | — | 1 expansion |
| 6 | Greengate Power Generates wind power | $87M | 98 mo ago | Series C | 1 | 2007 | Dan Balaban Executive Chair and CEO | — | — |
| 7 | BluEarth Renewables Developer of renewable energy facilities and provider of operating support | $81M | 139 mo ago | Acquired | 10 | 2010 | — | — | 1 job opening |
| 8 | Newalta Waste management services provider to oil & gas production comapnies | $54M | 122 mo ago | Deadpooled | 679 | 1993 | John Barkhouse CEO & President | 2 patents Oilfield drill cuttings recycling into construction and soil amendment materials | — |
| 9 | Rubellite Energy Provider of clearwater oil exploration and development services | $37M | 39 mo ago | Public | — | 2021 | Susan Rose CEO | — | — |
| 10 | FilterBoxx Wastewater treatment systems to the Canadian upstream industry | $24M | 144 mo ago | Acquired | 57 | 2001 | — | — | — |
| 11 | Alter NRG Waste to Energy technology developer | $11M | 160 mo ago | Acquired | 20 | 2007 | Walter Howard CEO | 69 patents Plasma waste‑to‑energy conversion and high‑pressure self‑cleaning fluid handling systems. | — |
| 12 | Calgary Aggregate Recycling Provider of recycling services | $8M | 55 mo ago | Funding Raised | — | 1993 | John Dorchak Owner | — | 1 expansion |
| 13 | Questor Tech Manufacture of waste heat to power generation systems 53Funding top 29%Tech top 31%Growth top 47%News bottom 49% All 8 signals ▾Fundingtop 29% Techtop 31% Growthtop 47% Newsbottom 49% Talentbottom 49% Marketbottom 36% Partnersbottom 35% Globalbottom 29% Funding: Raised $6.4M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) Tech: 29 technologies across 6/8 capability areas · Cloud: Cloudflare, Google Cloud rank vs industry peers · Fliar Intelligence Index 53/100 | $6M | 1 mo ago | Public | 27 | 1995 | Audrey Mascarenhas President and CEO | — | — |
| 14 | White Owl Provider of oilfield wastewater treatment and disposal services | $6M | 96 mo ago | Series A | 10 | 2013 | — | — | — |
| 15 | Volt Carbon Technologies Provider of air classification and graphite purification services 40Funding top 33%News top 41%Innovation top 43%Patents top 43% All 8 signals ▾Fundingtop 33% Newstop 41% Innovationtop 43% Patentstop 43% Growthtop 48% Moatbottom 49% Globalbottom 29% Marketbottom 26% Funding: Raised $4.4M across 10 rounds · 10 rounds over 4 yrs (2.5/yr) News: 8 BI events in 12 mo (of 43 tracked, 5 types) · -43% YoY rank vs industry peers · Fliar Intelligence Index 40/100 | $4M | 7 mo ago | Public | 10 | 1997 | — | 7 patents Air classification systems for particle size separation in mineral processing | — |
| 16 | SWITCH Power Independent Power Producer | $4M | 64 mo ago | Series A | 24 | 2019 | — | — | — |
| 17 | Highwood Emissions Management Provider of methane emissions accounting software and consulting. | $3M | 35 mo ago | Seed | 29 | 2020 | Jessica Shumlich Co-Founder & CEO | — | — |
| 18 | WindLogics Wind energy forecasting solutions | $3M | 165 mo ago | Acquired | 500 | 1989 | — | — | — |
| 19 | PurLucid Provider of wastewater treatment services | $1M | 101 mo ago | Acquired | — | 2014 | Preston McEachern Co-Founder & CEO | — | — |
| 20 | Ridgeline Canada Provider of waste collection, management & processing services | $970K | 168 mo ago | Acquired | 89 | 1999 | — | — | — |
| 21 | SolarSteam Developer of solar energy projects 40Patents top 34%Innovation top 35%Tech top 41%Funding top 44% All 9 signals ▾Patentstop 34% Innovationtop 35% Techtop 41% Fundingtop 44% Producttop 48% Moatbottom 49% Talentbottom 49% Globalbottom 40% Marketbottom 20% Patents: 9 patents matched (strict assignee match) · 9 filings since 2022 vs 0 in 2017-21 Innovation: 9 patents (top 54% of patent-holders) · 9 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 40/100 | $100K | 10 mo ago | Seed | 9 | 2017 | Apostol Radev Co-Founder & CEO | 9 patents Modular solar‑thermal collectors with integrated tracking, bearing, and enclosure systems | — |
Top 12 Environment companies in Alberta
#1
Public · Calgary, Alberta · founded 1995 · 27 employees$6.4Mraised▾
Public · Calgary, Alberta · founded 1995 · 27 employees
Manufacture of waste heat to power generation systems
Fliar Intelligence Index™ 53how this company ranks against its industry peers
Funding
top 29%Tech
top 31%Growth
top 47%News
bottom 49%Talent
bottom 49%Market
bottom 36%Funding: Raised $6.4M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) · Last round Grant (prize money) (Apr 2026)
Tech: 29 technologies across 6/8 capability areas · Cloud: Cloudflare, Google Cloud · Devops: Envoy
Growth: Fresh capital in last 24 mo
Audience (LinkedIn): 3k LinkedIn followers
Funding rounds
- Apr 2026Grant (prize money)$1.9M
- Aug 2021Grant (prize money)$4.5M
Founders & team
Investors
Sustainable Development Technology Canada, National Research Council Canada, Sixty4 Ventures
Tech stack
CloudflareCloudflare Bot ManagementHstsLovableOpen GraphRadix Ui
#2
Public · Edmonton, Alberta · founded 2009 · 88 employees$108.4Mraised▾
Public · Edmonton, Alberta · founded 2009 · 88 employees
Capital Power is an independent power producer primarily in the region of Alberta. The company develops, acquires, operates and optimizes power generation from a variety of energy sources coal/solid fuels, gas, wind and solar. Capital Power owns more than 3,200 MW of power generation capacity at 17 facilities across North America and an additional 545 MW owned generation capacity is under construction in Alberta and North Carolina.
Fliar Intelligence Index™ 45how this company ranks against its industry peers
Partners
top 29%News
top 36%Funding
top 38%Growth
top 50%Talent
bottom 49%Market
bottom 46%Partners: 3 partnership announcements in 12 mo (3 in 24 mo) · 5 contract events in 12 mo · Named contractor/client in 5 deals
News: 21 BI events in 12 mo (of 89 tracked, 10 types) · +24% YoY · 5 high-value events (IPO/M&A/funding/contracts) in 12 mo
Funding: Raised $108M across 1 rounds · 1 rounds over 5 yrs (0.2/yr) · Last round Post IPO (Apr 2025)
Audience (LinkedIn): 32k LinkedIn followers — 18.9% of this cohort's audience
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
- Apr 2025Post IPO$108.4M
- May 2021Post IPO—
Founders & team
Tech stack
Amazon Web ServicesApple Icloud MailBootstrapCloudflareCloudflare Bot ManagementDatatables
#3
Public · Calgary, Alberta · founded 1997 · 10 employees$4.4Mraised▾
Public · Calgary, Alberta · founded 1997 · 10 employees
Provider of air classification and graphite purification services
Fliar Intelligence Index™ 40how this company ranks against its industry peers
Funding
top 33%News
top 41%Innovation
top 43%Patents
top 43%Growth
top 48%Moat
bottom 49%Funding: Raised $4.4M across 10 rounds · 10 rounds over 4 yrs (2.5/yr) · Last round Post IPO (Oct 2025)
News: 8 BI events in 12 mo (of 43 tracked, 5 types) · -43% YoY · 3 high-value events (IPO/M&A/funding/contracts) in 12 mo
Innovation: 7 patents (top 66% of patent-holders) · 7 filings since 2022 vs 0 in 2017-21
Audience (LinkedIn): 1k LinkedIn followers
Funding rounds
- Oct 2025Post IPO$213.7K
- Sep 2025Post IPO$152.8K
- Apr 2025Post IPO$180.2K
- Apr 2025Post IPO$250.5K
#4
Series D · Calgary, Alberta · founded 2021$390Mraised▾
Series D · Calgary, Alberta · founded 2021
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Fliar Intelligence Index™ 53how this company ranks against its industry peers
Patents
top 19%Innovation
top 20%Funding
top 25%Moat
top 32%Growth
top 50%Tech
top 50%Patents: 34 patents matched (strict assignee match) · 34 filings since 2022 vs 0 in 2017-21 · Latest publication 2026
Innovation: 34 patents (top 15% of patent-holders) · 34 filings since 2022 vs 0 in 2017-21
Funding: Raised $390M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) · Last round Series D (Dec 2023)
Audience (LinkedIn): 5k LinkedIn followers — 2.9% of this cohort's audience
Activity (LinkedIn): 2 partnerships (incl. Net Power) announced in 12 mo
Funding rounds
- Dec 2023Series D$149.6M
- Mar 2022Series D$240.4M
Founders & team
Investors
Brookfield Asset Management, Canada Growth Fund
Tech stack
AosBunnyCloudflareCloudflare Bot ManagementCore-JsGoogle Analytics
#5
Acquired · Calgary, Alberta · founded 1979 · 1177 employees$335Mraised▾
Acquired · Calgary, Alberta · founded 1979 · 1177 employees
Provider of industrial waste and water management services
Fliar Intelligence Index™ 53how this company ranks against its industry peers
Market
top 29%Funding
top 33%Moat
bottom 42%Patents
bottom 41%Global
bottom 40%News
bottom 36%Market: 1,177 employees (top 11% of Environment)
Funding: Raised $335M · 3 rounds over 13 yrs (0.2/yr) · Last round Conventional Debt (Dec 2018)
Moat: Editorial + unicorn rating 1/10 · IP moat: 5 patents
Investors
TD Securities, Canadian Imperial Bank of Commerce, Solus Alternative Asset Management, CAI Capital Partners, Vestar Capital Partners, Kelso & Company
#6
Acquired · Calgary, Alberta · founded 2011 · 155 employees$250Mraised▾
Acquired · Calgary, Alberta · founded 2011 · 155 employees
Provider of waste management services
Funding rounds
- Jan 2020Series D$250M
Investors
Denham Capital
Tech stack
Apache Http Server
#7
Public · Calgary, Alberta · founded 2021$37.1Mraised▾
Public · Calgary, Alberta · founded 2021
Provider of clearwater oil exploration and development services
Funding rounds
- Mar 2023Post IPO—
- Mar 2022Post IPO$13.4M
- Oct 2021Post IPO$23.7M
Founders & team
Tech stack
BootstrapCloudflareCloudflare Browser InsightsGoogle Hosted LibrariesHstsHttp/3
#8
Public · Calgary, Alberta · founded 1993 · 42 employees$176.4Mraised▾
Public · Calgary, Alberta · founded 1993 · 42 employees
Maxim Power acquires, develops & operates power related projects. Claims to operating 2290 megawatts of power production plants consisting of gas-fired and wind power projects. Also, involved in coal mining activities. Develops a 200MW wind project.
Funding rounds
- Oct 2019Post IPO$75M
- Jul 2008Post IPO$66.4M
- Nov 2005Post IPO$35.1M
Founders & team
Investors
Prairie Merchant, Alpine Capital
Tech stack
Apache Http ServerFont AwesomeGodaddyGoogle AnalyticsJqueryJquery Cdn
#9
Seed · Calgary, Alberta · founded 2017 · 9 employees$100Kraised▾
Seed · Calgary, Alberta · founded 2017 · 9 employees
Developer of solar energy projects
Fliar Intelligence Index™ 40how this company ranks against its industry peers
Patents
top 34%Innovation
top 35%Tech
top 41%Funding
top 44%Product
top 48%Moat
bottom 49%Patents: 9 patents matched (strict assignee match) · 9 filings since 2022 vs 0 in 2017-21 · Latest publication 2026
Innovation: 9 patents (top 54% of patent-holders) · 9 filings since 2022 vs 0 in 2017-21 · 3 product lines
Tech: 33 technologies across 4/8 capability areas · Cloud: Cloudflare · Devops: Nginx
Audience (LinkedIn): 3k LinkedIn followers — 2.0% of this cohort's audience
Funding rounds
- Jul 2025Seed$717K
- Jun 2024Seed$100K
- Sep 2023Seed$50K
- Mar 2023Seed$350K
Founders & team
Investors
Gener8tor, Plug and Play Tech Center, New Brunswick Innovation Foundation, Foresight, Energia Ventures, Startup TNT
Tech stack
All In One SeoAstraBootstrapCloudflareCloudflare Bot ManagementCore-Js
#10
Series C · Calgary, Alberta · founded 2007 · 1 employees$87.1Mraised▾
Series C · Calgary, Alberta · founded 2007 · 1 employees
Greengate Power Corporation develops wind energy projects in Alberta and sets up wind farms. As of oct 2015 the company is developing projects totalling to 1450MW in Alberta, Canada.
Funding rounds
- Apr 2018Series C$78.2M
- Apr 2011Series A$3M
- Dec 2010Series A$5.8M
- Mar 2010Seed$147.2K
Founders & team
Investors
NGEN Partners, TD Securities, Jacob Securities, The Westly Group, Fengate, Icebook Investments
Tech stack
Cart FunctionalitySquarespace CommerceSquarespaceStimulusJqueryGoogle Hosted Libraries
#11
Acquired · Calgary, Alberta · founded 2010 · 10 employees$81Mraised▾
Acquired · Calgary, Alberta · founded 2010 · 10 employees
Developer of renewable energy facilities and provider of operating support. This company develops and constructs renewable energy projects, bringing renewable energy to the power grid. They also offer third-party operational support for existing wind and solar facilities. The company's focus is on the entire project lifecycle, from initial development through to ongoing maintenance. Their work contributes to the transition to a lower-carbon energy future.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 23k LinkedIn followers — 13.9% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Pre-Construction Project Manager, Wind Technician
Funding rounds
- Nov 2014Series A$81M
Investors
Ontario Teachers' Pension Plan, ARC Financial
Tech stack
Animate.CssApple Icloud MailCdnjsCloudflareFancyboxFont Awesome
#12
Deadpooled · Calgary, Alberta · founded 1993 · 679 employees$54Mraised▾
Deadpooled · Calgary, Alberta · founded 1993 · 679 employees
Newalta is a waste management services provider to oil & gas exploration and production companies. Provides on-site solutions for safe disposal, resource recovery from waste, recycling, hazardous waste processing, salt cavern disposal and others. Operational in North America, as of Feb'18.
Funding rounds
- Apr 2016Post IPO$54M
Founders & team
Funding & investor landscape
$1.6Btotal disclosed funding
21companies funded
49disclosed rounds
1rounds last 90 days
Most active investors
Notable founders
Audrey Mascarenhas
President and CEO · Questor Tech
Brian Vaasjo
CEO & President · Capital Power
Michael Belenkie
President & CEO · Entropy
Susan Rose
CEO · Rubellite Energy
Bruce Chernoff
Chairman & CEO · Maxim Power
Apostol Radev
Co-Founder & CEO · SolarSteam
Dan Balaban
Executive Chair and CEO · Greengate Power
John Barkhouse
CEO & President · Newalta
Jessica Shumlich
Co-Founder & CEO · Highwood Emissions Management
John Dorchak
Owner · Calgary Aggregate Recycling
Walter Howard
CEO · Alter NRG
Preston McEachern
Co-Founder & CEO · PurLucid
Prism market signals · Canada · country-scoped Prism corpus, 8,316,081 docs
Market landscape — 10 sub-themes by coverage
Share of Environment coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH FROM Alberta · institutions
What Alberta researches in environmental monitoring
University of Alberta and Alberta Environment lead Alberta's environmental monitoring research on atmospheric dynamics and oilsands geochemistry, with a cautiously optimistic but increasingly concerned tone.
30 papersstance +0.228% breakthrough38% concern
local research themes
Atmospheric and Environmental Gas DynamicsGeochemistry and Geologic MappingPetroleum Processing and AnalysisEnvironmental and Social Impact AssessmentsPharmaceutical and Antibiotic Environmental ImpactsWater Quality and Resources Studies
top institutions
- University of Alberta19
- Alberta Environment and Protected Areas9
- Alberta Biodiversity Monitoring Institute1
- Northern Alberta Institute of Technology1
- Alberta Innovates1
Common questions
How many Environment companies are there in Alberta, Canada?
Radar tracks 157 indexable Environment companies headquartered in Alberta, Canada that meet our profile-completeness bar.
What is the total funding raised by Environment companies in Alberta, Canada?
The Environment companies in Alberta, Canada on this list have raised a combined $1.6B in disclosed equity funding across 21 funded companies.
Which is the highest-funded Environment company in Alberta, Canada?
Entropy is the highest-funded Environment company in Alberta, Canada, with $390M in disclosed equity funding.
How many Environment companies in Alberta, Canada are funded?
21 of the 157 Environment companies in Alberta, Canada on this list have disclosed at least one equity funding round.
How many Environment unicorns are there in Alberta, Canada?
None of the Environment companies in Alberta, Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Alberta, Canada Environment companies?
The most active investors in Alberta, Canada Environment companies on this list include Foresight, Plug and Play Tech Center, Resource Merchant Capital, Sustainable Development Technology Canada, Startup TNT.
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.