Best Solid Waste Management Tech Companies in Ontario, Canada
The 31 best Solid Waste Management Tech companies in Ontario, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Li-Cycle.
Ranked: Best Solid Waste Management Tech companies in Ontario
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Li-Cycle Lithium ion battery recycling technology developer 76Product top 14%Funding top 23%Patents top 25%Innovation top 27% All 12 signals ▾Producttop 14% Fundingtop 23% Patentstop 25% Innovationtop 27% Growthtop 34% Moattop 38% Talenttop 38% Markettop 43% Techtop 43% Partnerstop 45% Globaltop 47% Newstop 49% Product: 6 distinct product lines · Company stage: Public Funding: Raised $426M across 4 rounds · 4 rounds over 8 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 76/100 | $426M | 31 mo ago | Public | 201 | Tim Johnston Co-Founder & Advisor | WordPressMySQLPHP+26 | 77 patents Recovering and recycling metals and plastics from spent lithium‑ion batteries | — |
| 2 | Cyclic Materials Recycling of rare earth elements 35Funding top 26%Talent top 33%Tech top 43%Partners top 45% All 9 signals ▾Fundingtop 26% Talenttop 33% Techtop 43% Partnerstop 45% Newstop 48% Moattop 48% Growthbottom 40% Globalbottom 38% Marketbottom 29% Funding: Raised $83.0M across 5 rounds · 5 rounds over 3 yrs (1.7/yr) Talent: 3 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 35/100 | $83M | 21 mo ago | Series B | 8 | Patrick Nee Co-Founder | WebflowApple iCloud MailMicrosoft 365+23 | — | — |
| 3 | 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 | 12 mo ago | Public | 37 | Trent Mell CEO | PHPCentOSVimeo+18 | — | — |
| 4 | FORGE Hydrocarbons Developer of LTH technology to produce petroleum-based hydrocarbons | $27M | 81 mo ago | Series B | 6 | Tim Haig Founder & CEO | — | 20 patents Bio-based hydrocarbon fuel production from fatty acids via pyrolysis and acid reduction | — |
| 5 | GreenMantra Technologies Waste plastic to synthetic polymer additive manufacturing company | $26M | 103 mo ago | Series A | 62 | — | WordPressMySQLPHP+17 | — | — |
| 6 | Comet Bio Technology developer for conversion of wood & wheat into cellulosic glucose syrup | $25M | 64 mo ago | Series C | 36 | Andrew Richard Chief Technology Officer & Founder | WordPressMySQLPHP+29 | — | — |
| 7 | ORCA Technology solutions provider for food waste management | $20M | 160 mo ago | Late Stage | 21 | — | WordPressMySQLPHP+23 | — | — |
| 8 | Woodland Biofuels Developer of technology converting biomass waste into carbon negative renewable fuels | $13M | 160 mo ago | Series A | 6 | Greg Nuttall CEO | — | 25 patents Biomass-to-ethanol conversion using syngas gasification and catalytic fermentation | — |
| 9 | Genecis Developer of onsite food waste management systems 35Funding top 34%Moat top 48%Product top 49%Innovation bottom 46% All 8 signals ▾Fundingtop 34% Moattop 48% Producttop 49% Innovationbottom 46% Techbottom 46% Marketbottom 42% Globalbottom 39% Newsbottom 18% Funding: Raised $10.3M across 7 rounds · 7 rounds over 9 yrs (0.8/yr) Moat: Editorial + unicorn rating 5/10 · 10 curated direct competitors tracked rank vs industry peers · Fliar Intelligence Index 35/100 | $10M | 16 mo ago | Series A | 49 | — | Cart FunctionalitySquarespace CommerceSquarespace+15 | — | — |
| 10 | BacTech Environmental Provider of technology to treat toxic waste from mining operations 32Tech top 26%Product top 32%Funding top 43%Talent top 46% All 11 signals ▾Techtop 26% Producttop 32% Fundingtop 43% Talenttop 46% Moatbottom 48% Growthbottom 47% Innovationbottom 42% Newsbottom 37% Globalbottom 31% Marketbottom 25% Patentsbottom 24% Tech: 45 technologies across 5/8 capability areas · Cloud: Amazon S3, Amazon Web Services Product: 0 product launch events in 12 mo · 3 distinct product lines rank vs industry peers · Fliar Intelligence Index 32/100 | $6M | 17 mo ago | Public | — | Ross Orr President and CEO | WordPressMySQLPHP+28 | 2 patents Biotechnological production of liquid ferric sulfate using microbial processes. | — |
| 11 | ALT TEX Provider of solutions to convert food waste into textiles | $1M | 50 mo ago | Seed | 10 | Myra Arshad Founder & CEO | WordPressMySQLPHP+22 | — | — |
| 12 | Neptune Nano Provider of solutions to derive nanostructured material from ocean waste | $1M | 39 mo ago | Seed | 3 | — | — | — | — |
Top 12 Solid Waste Management Tech companies in Ontario
#1
Public · Toronto, Ontario · founded 2017 · 37 employees$60.3Mraised▾
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.
- Oct 2025Post IPO$34.5M
- Apr 2025Post IPO$1.6M
- Mar 2025Post IPO$3.1M
- Feb 2025Grant (prize money)$10M
#2
Series B · Toronto, Ontario · founded 2021 · 8 employees$83Mraised▾
Recycling of rare earth elements. It provides solutions for recycling of magnet-containing products made from critical minerals, enabling the creation of a domestic supply chain for REEs through an economic and sustainable magnet recycling process.
- Jan 2025Series B$2M
- Sep 2024Series B$53M
- Sep 2024Grant (prize money)$3.6M
- Jul 2024Series A—
#3
Series A · Toronto, Ontario · founded 2016 · 49 employees$10.3Mraised▾
Developer of onsite food waste management systems. It develops modular food waste treatment systems for on-site application. The machines convert food waste into volatile fatty acids which can be then sold to a variety of industries including pharmaceutical, biofuel, and biodegradable plastics. It plans to supply its products to restaurants and large kitchens.
- Jun 2025Series A$750K
- Dec 2024Series A$851.6K
- Mar 2023Series A$3.3M
- Aug 2022Conventional Debt$3M
#4
Public · Toronto, Ontario · founded 2010$5.8Mraised▾
Provider of technology to treat toxic waste from mining operations. It provides bioleaching technology solution to neutralize toxic mining sites and allows for environmentally friendly processing in the mining industry. The naturally occurring bacteria used in the process are harmless to both humans and the environment.
- May 2025Post IPO$913.1K
- Apr 2025Post IPO$1.3M
- Mar 2025Post IPO$225.9K
- Mar 2025Post IPO$230.4K
#5
Public · Mississauga, Ontario · founded 2016 · 201 employees$425.6Mraised▾
Lithium ion battery recycling technology developer. The platform provides technology that extracts metals and minerals like lithium, copper, and cobalt. It uses automated equipment, consume less energy and has significantly lesser chances of an explosion as compared to regular recycling technologies.
- Mar 2024Post IPO$75M
- May 2022Post IPO$200M
- Dec 2021Post IPO$50.6M
- Sep 2021Post IPO$100M
#6
Series C · Sarnia, Ontario · founded 2018 · 36 employees$25Mraised▾
Technology developer for conversion of wood & wheat into cellulosic glucose syrup. Their technology converts wood, wheat straw, bagasse, corn stover and other agricultural waste materials into high purity cellulosic glucose syrup. Has built the first commercial biomass sugar plant in Sarnia, Canada, with a capacity of 60 million pounds per year.
- Jul 2021Series C$25M
- Nov 2020Grant (prize money)—
- Jul 2019Series A—
#7
Series A · Kitchener, Ontario · founded 2010 · 62 employees$26Mraised▾
Waste plastic to synthetic polymer additive manufacturing company. The company has developed a patented technology called thermo-catalytic depolymerization which recycles waste plastics into polymer additives, asphalt roofing solutions & adhesives. Recycles waste plastic to produce polyethene and polypropylene waxes.
- Apr 2018Series A—
- Aug 2017Grant (prize money)$2.2M
- Jul 2017Series A$3M
- Jun 2016Series A$5.5M
#8
Series B · Oakville, Ontario · founded 2012 · 6 employees$26.6Mraised▾
FORGE Hydrocarbons offers a Lipid-to-Hydrocarbon technology that produces drop-in fuels. It converts waste fats and used oils into renewable hydrocarbons, without a catalyst. The LTH technology uses pressure and temperature to produce true hydrocarbon fuels, solvents, and chemicals.
- Feb 2020Series B$22.6M
- Dec 2018Series A$4M
- Mar 2016Grant (prize money)$4.2M
#9
Late Stage · Toronto, Ontario · founded 2003 · 21 employees$20Mraised▾
ORCA is a technology solutions provider for food waste management. It provides solutions for converting food waste into liquid. The liquid generated can be used for biogas, watershed, and land application. Claims to be an alternative substitute for traditional truck & bin collection system.
- Jul 2013Post IPO$5M
- Aug 2012Post IPO$5M
- Apr 2012Post IPO$161.5K
- Jan 2011Post IPO$4.4M
#10
Seed · Ontario · founded 2021 · 3 employees$1.4Mraised▾
Provider of solutions to derive nanostructured material from ocean waste. It provides solutions for biodegradables, aerospace, biomedical, packaging, 3D printing, and other industries.
- Jul 2023Seed$1.4M
- Sep 2022Seed—
- Aug 2022Seed—
#11
Series A · Toronto, Ontario · founded 2000 · 6 employees$13.2Mraised▾
Developer of technology converting biomass waste into carbon negative renewable fuels. The technology employs gasification and catalytic reactions to produce hydrogen, renewable natural gas, methanol, or ethanol. The process uses biomass waste as feedstock in an integrated end-to-end operation.
- Jun 2013Conventional Debt$800K
- Jan 2011Series A$12M
- Apr 2008Seed$1.2M
#12
Seed · Brampton, Ontario · founded 2020 · 10 employees$1.4Mraised▾
Provider of solutions to convert food waste into textiles. It collects waste from various food processors and processes them to create biodegradable and carbon-neutral textiles.
- Sep 2022Seed$500K
- Dec 2021Grant (prize money)$100K
- May 2021Seed$1.2M
- Grant (prize money)$200K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Solid Waste Management Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
What Ontario researches in circular economy
- Ontario Tech University4
- Université de l\'Ontario français2
- University of Ontario Institute of Technology2
- Professional Engineers Ontario1
- Ontario Confederation of University Faculty Associations1
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.