Best Oil & Gas Tech Companies in Canada
The 195 best Oil & Gas Tech companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: ClearSky Global.
Canada's Oil & Gas Tech sector is bigger than most people outside Calgary realize, and this page ranks 195 tracked companies by disclosed equity funding and recent momentum to show you exactly where the money is moving. Total disclosed funding across the directory sits at $718M. No unicorns yet, but the capital is concentrated in ways worth paying attention to.
ClearSky Global leads at $168M raised, with GHGSat not far behind at $145M. Those two alone account for nearly half the disclosed pool. I'd call that a pretty loud signal about where investors see durable value: emissions monitoring and carbon data infrastructure. Crux OCM ($27M) and Acceleware ($12M) round out the mid-tier, while names like Brickeye and New West Data are still early. The most active backers, Sustainable Development Technology Canada, BDC, and Foresight, tend to cluster around climate-adjacent technology plays, which tracks with the sector's broader drift toward decarbonization tooling. So what does that mean for the rest of the 195 companies competing for the next cheque? Probably that a clean-energy angle isn't optional anymore. It's the price of admission.
Ranked: Best Oil & Gas Tech companies in Canada
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ClearSky Global Provider of low carbon alternative fuels and fuel treatment solutions 24Funding top 35%Talent bottom 49%Market bottom 37%Global bottom 25% All 5 signals ▾Fundingtop 35% Talentbottom 49% Marketbottom 37% Globalbottom 25% Newsbottom 22% Funding: Raised $168M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 24/100 | $168M | 23 mo ago | — | 2022 | Timothy Kozmyk CEO | — | — | — |
| 2 | GHGSat Provider of satellite-based imaging services to monitor greenhouse gas emissions 60Funding top 18%Moat top 28%Talent top 28%Innovation top 30% All 10 signals ▾Fundingtop 18% Moattop 28% Talenttop 28% Innovationtop 30% Patentstop 31% Techtop 34% Growthtop 35% Newstop 39% Globalbottom 39% Marketbottom 20% Funding: Raised $145M across 7 rounds · 7 rounds over 8 yrs (0.9/yr) Moat: Editorial + unicorn rating 8/10 · IP moat: 31 patents rank vs industry peers · Fliar Intelligence Index 60/100 | $145M | 9 mo ago | 2 | 2011 | — | SalesforceVimeoGSAP+28 | 31 patents Spaceborne hyperspectral imaging for atmospheric trace‑gas detection and quantification | 1 launch |
| 3 | mCloud IoT, AI & SaaS-driven tools for monitoring & analyzing equipment health 48Innovation top 23%Funding top 23%Product top 29%Talent top 35% All 8 signals ▾Innovationtop 23% Fundingtop 23% Producttop 29% Talenttop 35% Globaltop 44% Newsbottom 39% Marketbottom 27% Techbottom 26% Innovation: 6 product lines · Deep-tech classification: Tech Hardware Funding: Raised $118M across 18 rounds · 18 rounds over 8 yrs (2.2/yr) rank vs industry peers · Fliar Intelligence Index 48/100 | $118M | 50 mo ago | 1 | 2010 | Russ Mcmeekin CEOCo Founder | — | — | — |
| 4 | Valent Provider of renewable fuels and oil desulfurization solutions | $30M | 63 mo ago | 7 | 2018 | Tim Haig Co-Founder & CEO | — | — | — |
| 5 | Crux OCM AI-based software solution to optimize pipeline transmission activities for the oil and gas midstream industry | $27M | 22 mo ago | 35 | 2017 | Vicki Knott Co-Founder & CEO | WordPressApple iCloud MailMicrosoft 365+24 | — | — |
| 6 | Ambyint Provider of platform for oil well optimization | $26M | 31 mo ago | 40 | 2004 | — | HubSpot CMS HubGSAPAmazon Web Services+25 | — | 2 job openings |
| 7 | Hifi Provider of fiber optic sensing for infrastructure integrity and monitoring | $16M | 83 mo ago | 132 | 2007 | John Hull Founder | WordPressMySQLPHP+30 | — | 1 launch |
| 8 | SkyX Develops a VTOL drone and provides inspection services | $16M | 75 mo ago | 20 | 2015 | Didi Horn Founder and CEO | WordPressMySQLPHP+26 | 15 patents Patents concentrated in transport & manufacturing processes | — |
| 9 | OpSens Manufacturer of optical sensors | $15M | 60 mo ago | 18 | 2003 | Christopher Simon CEO | WordPressMySQLPHP+31 | 140 patents Intravascular pressure sensing for cardiac/hemodynamic monitoring and structural heart interventions. | — |
| 10 | Nsolv Warm solvent technology for in-situ heavy-oil extraction | $13M | 123 mo ago | — | 2003 | Joseph Kuhach CEO | — | 8 patents Solvent recovery and inventory management for gravity‑drainage oil extraction systems | — |
| 11 | Acceleware Provider of seismic imaging software and enhanced oil recovery technology solutions | $12M | 11 mo ago | 25 | 2004 | Michal Okoniewski Co-Founder & CSO | Wix eCommerceWixSentry+10 | 90 patents Electromagnetic heating control and robust signal generation/communication hardware solutions | 1 launch |
| 12 | Interface Fluidics Provider of a nanotech-enabled simulation and modelling platform | $11M | 55 mo ago | 36 | 2015 | Stuart Kinnear Co-Founder and CEO | — | 45 patents Microfluidic chip platforms for precise fluid property measurement and oil‑solvent interaction analysis | 1 launch |
| 13 | Cortex Provider of account payables and receivables solutions for businesses | $10M | 129 mo ago | 65 | 1999 | — | — | — | — |
| 14 | 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 | — | 2013 | Anthony Fernando Co-Founder | — | — | — |
| 15 | Imtex Membranes Membrane-based technology solution provider for separation of gas | $10M | 73 mo ago | 22 | 2007 | Glenn Towe CEO & President | — | 52 patents Facilitated transport membranes for gas separation and liquid replenishment in modular systems | — |
| 16 | Copperleaf Provider of AI-powered asset investment planning solutions. | $10M | 84 mo ago | 486 | 2000 | — | WordPressSentryMySQL+33 | 16 patents Enterprise capital asset maintenance and investment planning optimization software | — |
| 17 | Coreworx Project execution cost control | $9M | 254 mo ago | 49 | 1997 | — | — | 6 patents Enterprise software interface management and owner endorsement workflow solutions | — |
| 18 | DarkVision Developer of acoustic imaging technology for industrial asset inspection applications | $9M | 117 mo ago | 108 | 2013 | Osman Malik Co-Founder & CFO | WordPress Block EditorWordPressMySQL+21 | — | 2 job openings · 1 launch |
| 19 | Beyond Compliance EHS compliance management solution for oil and gas industry | $7M | 222 mo ago | — | 2000 | Michael Koury ex-CEO | — | — | — |
| 20 | Critical Control Energy Services Provider of cloud-based production intelligence software | $7M | 204 mo ago | 145 | 1999 | Alykhan Mamdani President & CEO | WordPressMySQLPHP+24 | — | — |
| 21 | Fillip App-based platform offering fuel payment solutions | $5M | 32 mo ago | 29 | 2018 | Alice Reimer CEO | WebflowApple iCloud MailGoogle Workspace+24 | — | — |
| 22 | Direct-C Provider of nano-based leak detection and monitoring solution for oil and gas industries | $5M | 46 mo ago | 11 | 2014 | Kaushik Parmar Co-Founder | — | 19 patents Hydrocarbon leak detection sensors using 3D carbon microstructure nanocomposites | — |
| 23 | SQFive Intelligent Oilfield Solutions Oilfield and Reservoir Maintenance | $5M | 206 mo ago | — | 2008 | — | — | — | — |
| 24 | Pure Technologies Develops technology solutions for pipeline infrastructure inspections | $4M | 181 mo ago | 500 | 1993 | Jack Elliott CEO | — | 165 patents Pipeline inspection and condition assessment using electromagnetic testing and stabilizing devices | — |
| 25 | radient360 Asset visibility and management solution | $3M | 102 mo ago | 23 | 2011 | — | — | — | — |
| 26 | Divestco Provides Geo-services to the energy industry | $3M | 97 mo ago | 87 | 2000 | Stephen Popadynetz CEO | — | 2 patents Data processing systems for measurement and testing applications | — |
| 27 | Stimline Software and hardware products for oilwell intervention and completion operations | $3M | 160 mo ago | 53 | 2010 | — | HubSpot CMS HubMaterial Design LiteZURB Foundation+13 | — | — |
| 28 | IronSight Cloud-based platform for industrial field force automation | $3M | 19 mo ago | 42 | 2014 | Shawn Martens Co-Founder | WebflowYouTubeAzure+20 | — | 1 partnership |
| 29 | Raise Production Developer of artificial-lift technology systems | $3M | 97 mo ago | 28 | 1993 | — | — | 55 patents Artificial lift rod pump and plunger systems for horizontal wellbore production | — |
| 30 | ReFuel Mobile App-based platform offering fuel delivery services | $2M | 64 mo ago | 6 | 2017 | — | WebflowNode.jsSocket.io+13 | — | — |
| 31 | ElectroKinetic Solutions Technology solution to manage tailings for oil sands | $2M | 143 mo ago | 6 | 2013 | Jim Micak CEO | — | 4 patents Electrochemical stabilization of mining tailings for geotechnical construction applications. | — |
| 32 | Illusense Leak Detection for Oil Pipelines | $2M | 117 mo ago | 7 | 2013 | Nathan Chan Co-Founder | — | 15 patents High‑precision interferometric lidar/radar systems for simultaneous range and Doppler measurement. | — |
| 33 | IntelliView Provider of AI powered vision IoT solutions for oil and gas leak detection and management | $2M | 148 mo ago | 19 | 2003 | Wael Badawy Founder | — | 22 patents Video analytics for human detection on conveyors and indoor leak monitoring | — |
| 34 | Syscor Wireless Sensors for monitoring floating roofs in petroleum storage tanks | $1M | 143 mo ago | 11 | 2008 | Nikolay Tzonev CEO | GravPHPPure CSS+9 | — | — |
| 35 | New West Data Vertically integrated oil producer and bitcoin miner | $1M | 14 mo ago | — | 2020 | Sean McDonough Founder & CEO & President | — | — | 1 partnership |
| 36 | Inversa Systems Asset inspection tools and services provider | $1M | — | 29 | 2005 | John Bowles President & CEO | — | 28 patents Non‑destructive inspection of buried infrastructure and soil using handheld/compton‑scattering sensors | — |
| 37 | Beyond Energy Drilling hydraulics simulation software | $1M | 82 mo ago | 126 | 2015 | — | WordPressMySQLPHP+21 | 56 patents Advanced rotary control, boltless sealing, and predictive wear monitoring for drilling rigs | — |
| 38 | acoustic zoom Acoustic Zoom is an advanced geophysics company specializing in seismic answer products for mapping. | $1M | 96 mo ago | 3 | 2008 | — | — | 33 patents Acoustic seismic imaging and characterization of subsurface sediments and rock formations. | — |
| 39 | Navarik Oil and oil products trade management solution | $1M | 217 mo ago | 40 | 2000 | Ian Warford CEO | WordPressMySQLPHP+19 | 4 patents Insurance claim processing and loss reconciliation data management systems | — |
| 40 | GenOil Technology developer for processing crude oil | $613K | 196 mo ago | 25 | 1996 | David Lifschultz CEO | — | 11 patents Oilfield fluid handling and hydrocracking feed injection/separation technologies | — |
| 41 | Arolytics Cloud-based platform offering emission monitoring solutions | $588K | 61 mo ago | 21 | 2018 | Liz Oconnell CEO | — | — | 1 launch |
| 42 | Qube AI-driven gas emission detection solution | $168K | 28 mo ago | 50 | 2018 | Alex MacGregor CEO | Cart FunctionalitySquarespace CommerceSquarespace+30 | — | 1 launch |
Top 12 Oil & Gas Tech companies in Canada
#1
Series C · Montreal, Montreal · founded 2011 · 2 employees$145.1Mraised▾
Provider of satellite-based imaging services to monitor greenhouse gas emissions. It provides users with a platform for collecting greenhouse emission data from industries. It has launched satellites that orbit the earth, measures the amount of light absorbed in specific wavelengths of light in spectroscopy, and measures gas leaks. It offers sensor-based solutions via aircraft, and the absorption of light is used to measure the concentration of gases in a specific area. It uses proprietary algorithms for predicting emission rates and detecting leakages and emission patterns.
- Sep 2025Series C$34M
- Sep 2025Conventional Debt—
- Sep 2023Series C$44M
- Sep 2023Conventional Debt—
#2
Acquired · Toronto, Ontario · founded 2013$10Mraised▾
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.
- Jan 2026Series B$10M
- Oct 2023Series A$10M
#3
Public · Calgary, Alberta · founded 2004 · 25 employees$12.5Mraised▾
Provider of seismic imaging software and enhanced oil recovery technology solutions. Provides seismic imaging products called AxFWI - a full waveform inversion product with better subsurface velocity model accuracy with higher computational speed, AxRTM - a reverse time migration solution that can be integrated into existing seismic processing framework for RTM imaging, and AxWave - for the simulation of seismic wave propagation through the subsurface with 2D-3D seismic energy simulation in the acoustic medium.
- Jun 2025Post IPO$1.1M
- Nov 2023Grant (prize money)$3M
- Jun 2023Post IPO$333.6K
- Oct 2022Post IPO—
#4
Series D · Calgary, Alberta · founded 2022$168Mraised▾
Provider of low carbon alternative fuels and fuel treatment solutions. The company delivers energy technology to customers searching for answers to energy challenges. Leadership has experience in corporate leadership positions, government organizations, and international trade. The company's team includes professionals with backgrounds in energy, finance, and international business.
- Jun 2024Series D$168M
#5
Series A · Calgary, Alberta · founded 2017 · 35 employees$27Mraised▾
AI-based software solution to optimize pipeline transmission activities for the oil and gas midstream industry. The software can be used in conjunction with the SCADA system to increase liquid flows, real-time power consumption optimization, and lower consumption of drag-reducing agents on a real-time basis.
- Aug 2024Series A$17M
- Apr 2024Series A—
- Sep 2021Series A$6M
- 2019Seed$2.6M
#6
Seed · Calgary, Alberta · founded 2020$1.3Mraised▾
Vertically integrated oil producer and bitcoin miner. Its offerings include the exploration and production of oil and natural gas alongside on-site power generation from associated gas for operating bitcoin mining data centers. It also provides independent monetization of associated gas without reliance on pipelines or processing plants, integrating energy production with digital asset mining infrastructure. It uses natural gas-powered generators, mobile or stationary data centers, and specialized ASIC mining computers to convert gas into electricity and mine bitcoin.
- Mar 2025Seed$489.9K
- Feb 2025Seed$748K
- Dec 2024Seed$104.5K
#7
Seed · Edmonton, Alberta · founded 2014 · 42 employees$2.6Mraised▾
Cloud-based platform for industrial field force automation. The platform provides GPS tracking, mapping, job scheduling, document, and workforce management, dashboard analytics, etc. It can be integrated with azure, sap, peleton, etc. It is available to download from the google play store and apple store.
- Nov 2024Grant (prize money)$2.6M
- Dec 2022Seed—
#8
Public · Vancouver, British Columbia · founded 2010 · 1 employees$118Mraised▾
IoT, AI & SaaS-driven tools for monitoring & analyzing equipment health. Solutions are provided for buildings, processes & HVAC industries. Product offerings include asset circle of care, asset care cloud, asset care connect, asset care mobile, and more.
- Mar 2022Post IPO$15M
- Sep 2021Post IPO$9M
- Jul 2021Post IPO$1.9M
- Apr 2021Post IPO$5M
#9
Series B · Calgary, Alberta · founded 2004 · 40 employees$26.5Mraised▾
Provider of platform for oil well optimization. It provides a proprietary platform which combines and leverages the latest innovations in lightweight sensors, wireless communications and predictive data analytics, and enables oil producers to autonomously optimize well assets, increasing production and efficiency, while reducing costs - both operational and maintenance. It brings intelligence and insight to oil and gas production through emerging technologies including IoT, Big Data and Machine Learning.
- Nov 2023Series B—
- Feb 2020Series B$15M
- Sep 2017Series A$11.5M
#10
Seed · Calgary, Alberta · founded 2018 · 29 employees$5Mraised▾
App-based platform offering fuel payment solutions. It offers a digital fleet card for small businesses that allows users to pay at any gas station. Its app is available for Android devices.
- Oct 2023Seed$5M
#11
Series B · Mississauga, Ontario · founded 2018 · 7 employees$30Mraised▾
Valent specializes in providing renewable fuels and oil desulfurization solutions for the oil and gas industry. It offers solutions such as hydrogen distribution, fuel desulphurization, renewable jet/diesel fuel, and more.
#12
Acquired · Quebec City, Quebec · founded 2003 · 18 employees$14.6Mraised▾
Manufacturer of optical sensors. It designs and develops optical sensors for the oil, gas, and healthcare industries. It helps measure interventional cardiology, as well as sensors and signal conditioners for temperature, pressure, strain, and deformation measurement in harsh environments.
- Jun 2021Post IPO—
- May 2016Post IPO$5M
- Jan 2016Post IPO$99.3K
- Feb 2014Post IPO$8.5M
Funding & investor landscape
Notable founders
How research on Oil & Gas Digital is moving in Canada
A read on the academic research around Oil & Gas Digital — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1,541 Canada-affiliated papers.
- University of Calgary565
- University of Alberta346
- University of Regina171
- Memorial University of Newfoundland68
- ConocoPhillips35
- Oil shale2→8
- Artificial neural network2→7
- Surface tension3→8
- Porosity1→5
- Rheology1→5
- Microfluidics1→7
- Wormhole2→7
- Hydrocarbon3→7
- Carbon capture and storage (timeline)4→7
- Carbon sequestration6→9
- Porous medium3→10
- Pulmonary surfactant2→5
- Brine4→6
- Wetting5→6
Where oil gas digital is researched across Canada
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Who's filing oil gas digital patents in Canada
Canada oil gas digital patent filing is cooling — 69 filings from 117 assignees (2016–2025), led by Schlumberger CA, Schlumberger Technology, Chevron USA; annual filings 11→2.
- Schlumberger CA72
- Schlumberger Technology40
- Chevron USA28
- Schlumberger Services Petrol26
- PRAD RES & DEV19
- Services Petroliers Schlumberger15
- Geoquest Systems15
- Logined14
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.