Radar Companies Environment · Calgary
Radar · Environment in Calgary

Best Environment Companies in Calgary, Canada

The 102 best Environment companies in Calgary, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Entropy.

102companies tracked
$1.5Bdisclosed funding
0unicorns
24have raised
FLIAR INTELLIGENCE · ENVIRONMENT × CALGARY

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™
136kcombined LinkedIn audience
61%of audience held by top 3
2companies hiring publicly (12 mo)

Ranked: Best Environment companies in Calgary

#CompanyDisclosed fundingLast roundStageEmployeesFounderPatents & IP focusRecent signals
13 Point
Provider of green building consultancy services
Deadpooled
2AB Embedded
Provider of water and solid waste management services
AcquiredAttila Bene
Founder
3Ajmenv
Provider of environmental consulting and software solutions.
Unfunded
4Alberta Waste and Recycling
Provider of construction waste recycling service
UnfundedDan Zembal
Founder & President
5Aquastar Consulting & Engineering
Provider of municipal & industrial wastewater treatment services
UnfundedJayesh Mistry
Founder
6Astute Environmental
Provider of environmental, regulatory, and sustainability requirements services
Acquired16Brendan Davis
CEO
7Aurora Wind Energy
Designer and manufacturer of solar and wind-powered products
DeadpooledJody Parker
CEO
8Azgard Corporation
Solar project developer for commercial units
Unfunded

Top 12 Environment companies in Calgary

#1
Public · Calgary, Alberta · founded 1995 · 27 employees
$6.4Mraised

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 — 2.4% of this cohort's audience
Funding rounds
  • Apr 2026Grant (prize money)$1.9M
  • Aug 2021Grant (prize money)$4.5M
Founders & team
Audrey MascarenhasPresident and CEO
Investors
Sustainable Development Technology Canada, National Research Council Canada, Sixty4 Ventures
Tech stack
CloudflareCloudflare Bot ManagementHstsLovableOpen GraphRadix Ui
#2
Public · Calgary, Alberta · founded 1997 · 10 employees
$4.4Mraised

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
#3
Series D · Calgary, Alberta · founded 2021
$390Mraised

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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 — 3.5% 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
Michael BelenkiePresident & CEO
Investors
Brookfield Asset Management, Canada Growth Fund
Tech stack
AosBunnyCloudflareCloudflare Bot ManagementCore-JsGoogle Analytics
#4
Acquired · Calgary, Alberta · founded 1979 · 1177 employees
$335Mraised

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
#5
Acquired · Calgary, Alberta · founded 2011 · 155 employees
$250Mraised

Provider of waste management services

Funding rounds
  • Jan 2020Series D$250M
Investors
Denham Capital
Tech stack
Apache Http Server
#6
Public · Calgary, Alberta · founded 2021
$37.1Mraised

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
Susan RoseCEO
Tech stack
BootstrapCloudflareCloudflare Browser InsightsGoogle Hosted LibrariesHstsHttp/3
#7
Public · Calgary, Alberta · founded 1993 · 42 employees
$176.4Mraised

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
Bruce ChernoffChairman & CEO
Investors
Prairie Merchant, Alpine Capital
Tech stack
Apache Http ServerFont AwesomeGodaddyGoogle AnalyticsJqueryJquery Cdn
#8
Seed · Calgary, Alberta · founded 2017 · 9 employees
$100Kraised

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 — 2.5% of this cohort's audience
Funding rounds
  • Jul 2025Seed$717K
  • Jun 2024Seed$100K
  • Sep 2023Seed$50K
  • Mar 2023Seed$350K
Founders & team
Apostol RadevCo-Founder & CEO
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
#9
Series C · Calgary, Alberta · founded 2007 · 1 employees
$87.1Mraised

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
Dan BalabanExecutive Chair and CEO
Investors
NGEN Partners, TD Securities, Jacob Securities, The Westly Group, Fengate, Icebook Investments
Tech stack
Cart FunctionalitySquarespace CommerceSquarespaceStimulusJqueryGoogle Hosted Libraries
#10
Acquired · Calgary, Alberta · founded 2010 · 10 employees
$81Mraised

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 — 17.0% 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
#11
Deadpooled · Calgary, Alberta · founded 1993 · 679 employees
$54Mraised

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
John BarkhouseCEO & President
#12
Seed · Calgary, Alberta · founded 2020 · 29 employees
$3Mraised

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LinkedIn Pulse recent public activity · Jul 2026
Audience: 12k LinkedIn followers — 9.1% of this cohort's audience
Funding rounds
  • Jun 2023Seed$3M
Founders & team
Jessica ShumlichCo-Founder & CEO
Investors
Energy Capital Ventures, Veritec Capital Partners, Foresight, Plug and Play Tech Center, Overview

Funding & investor landscape

$1.5Btotal disclosed funding
19companies funded
44disclosed rounds
1rounds last 90 days
Most active investors
Foresight5 rounds
Plug and Play Tech Center3 rounds
Resource Merchant Capital3 rounds
Sustainable Development Technology Canada2 rounds
TD Securities2 rounds
XPV2 rounds
ARC Financial1 rounds
Accelerate Okanagan1 rounds
Alpine Capital1 rounds
Angeleno Group1 rounds

Notable founders

Audrey Mascarenhas
President and CEO · Questor Tech
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
Zack Zhang
Co-Founder · AI Shading
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 Calgary · institutions

What Calgary researches in environmental monitoring

University of Calgary leads Calgary's environmental monitoring research, balancing atmospheric dynamics and fish ecology with a cautiously optimistic tone (mean stance 0.15), split between concern and advancement.

13 papersstance +0.1510% breakthrough40% concern
breakthrough · advancement · concern
local research themes
Atmospheric and Environmental Gas DynamicsFish Ecology and Management StudiesEnvironmental and Social Impact AssessmentsAdvanced Chemical Sensor TechnologiesMarine and coastal ecosystemsHydrocarbon exploration and reservoir analysis
top institutions
  • University of Calgary13

Common questions

How many Environment companies are there in Calgary, Canada?
Radar tracks 102 indexable Environment companies headquartered in Calgary, Canada that meet our profile-completeness bar.
What is the total funding raised by Environment companies in Calgary, Canada?
The Environment companies in Calgary, Canada on this list have raised a combined $1.5B in disclosed equity funding across 19 funded companies.
Which is the highest-funded Environment company in Calgary, Canada?
Entropy is the highest-funded Environment company in Calgary, Canada, with $390M in disclosed equity funding.
How many Environment companies in Calgary, Canada are funded?
19 of the 102 Environment companies in Calgary, Canada on this list have disclosed at least one equity funding round.
How many Environment unicorns are there in Calgary, Canada?
None of the Environment companies in Calgary, Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Calgary, Canada Environment companies?
The most active investors in Calgary, Canada Environment companies on this list include Foresight, Plug and Play Tech Center, Resource Merchant Capital, Sustainable Development Technology Canada, TD Securities.
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.

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