Radar · Sustainability Tech in Canada
Best Sustainability Tech Companies in Canada
The 970 best Sustainability Tech companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Enerkem.
By Rohit KhannaTrends & Stories
970companies tracked
$7.8Bdisclosed funding
0unicorns
306have raised
Canada's Sustainability Tech sector is bigger and scrappier than most people realize. This directory tracks 970 companies with $7.8B in total disclosed funding, and if you want to find where that capital is concentrated, the numbers tell you fast. Eavor leads the pack at $278M raised, followed by GHGSat at $145M and Electra Battery Materials at $60M. No unicorns yet, which I find genuinely interesting given the scale of the climate transition underway. The most active backers, Sustainable Development Technology Canada, BDC, Foresight, MaRS Discovery District, and the Accelerator Centre, are essentially the connective tissue holding early-stage deals together.
Coverage momentum is flat right now, but the hot themes are anything touching renewable electricity, green infrastructure, and the broader renewable transition. So where's the action? It's in the pipeline and power layers, not the consumer-facing stuff. Sustainability Tech layoffs are a real pressure point globally, and Canada's founders aren't immune, but the funding base here stays diversified enough to absorb shocks. Meanwhile Resilience AI's recent seed round shows appetite for climate-focused AI plays is alive well beyond North America, a signal worth watching as Canadian companies look to scale.
Sources & further reading
- Solar Inverter Market Size to Grow USD 23.86 Billion by 2035
- europawire.eu
- A new kind of solar is taking off with utah leading the way
FLIAR INTELLIGENCE · SUSTAINABILITY TECH × CANADA
Our analysis of 50 Sustainability Tech companies
$4.2b in tracked funding; 83% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
50companies analysed
83%cloud-native stacks
2025funding peak (by rounds)
2015median founding year
45median Fliar Index™
463kcombined LinkedIn audience
24%of audience held by top 3
5companies hiring publicly (12 mo)
Ranked: Best Sustainability Tech companies in Canada
| # | Company | Disclosed funding | Last round | Stage | Employees | Tech stack | Web popularity | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Enerkem Provider of technology converting waste into low-carbon fuels and circular chemicals 57Patents top 21%Funding top 24%Moat top 26%Product top 28% All 11 signals ▾Patentstop 21% Fundingtop 24% Moattop 26% Producttop 28% Innovationtop 32% Growthtop 45% Markettop 48% Techbottom 49% Globalbottom 44% Talentbottom 40% Newsbottom 25% Patents: 193 patents matched (strict assignee match) · 57 filings since 2022 vs 39 in 2017-21 Funding: Raised $859M across 19 rounds · 19 rounds over 19 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 57/100 | $859M | 50 mo ago | Series H | 311 | HubSpot CMS HubSalesforceAzure+16 | Top 10M | — | 193 patents Converting waste carbon into syngas-derived fuels and chemicals (e.g., biofuels, acids, naphtha). | 1 award |
| 2 | Svante Provider of carbon capture solutions from the air 74Funding top 17%Patents top 26%Moat top 28%Innovation top 31% All 11 signals ▾Fundingtop 17% Patentstop 26% Moattop 28% Innovationtop 31% Newstop 31% Growthtop 35% Talenttop 38% Techtop 39% Markettop 44% Globalbottom 43% Partnersbottom 35% Funding: Raised $493M across 13 rounds · 13 rounds over 12 yrs (1.1/yr) Patents: 57 patents matched (strict assignee match) · 43 filings since 2022 vs 14 in 2017-21 rank vs industry peers · Fliar Intelligence Index 74/100 | $493M | 18 mo ago | Series E | 267 | WordPressApple iCloud MailMicrosoft 365+32 | Top 5M | 15 signals ▲67% Announcements · M&A · Contracts | 57 patents Scalable sorbent-based gas separation technologies using MOFs and advanced valve systems | 1 award |
| 3 | 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 | 26 mo ago | Public | 201 | WordPressMySQLPHP+26 | Top 5M | 16 signals ▼59% Acquisition · Regulatory · M&A | 77 patents Recycling and recovery of metals and plastics from lithium‑ion battery waste | — |
| 4 | 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 | 29 mo ago | Series D | — | WebflowVimeoGSAP+19 | Top 10M | 3 signals ▼81% Funding · Announcements · M&A | 34 patents Post-combustion CO₂ capture using solvents and membrane separation technologies | — |
| 5 | 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 | Series D | 60 | WordPressApple iCloud MailMicrosoft 365+27 | Top 10M | — | 123 patents Hydrostatically compensated compressed air energy storage systems improving safety and efficiency | 1 job opening · 1 award |
| 6 | Eavor Provider of solutions for generating electricity from geothermal energy 42Funding top 15%Moat top 39%Growth top 45%Talent bottom 49% All 8 signals ▾Fundingtop 15% Moattop 39% Growthtop 45% Talentbottom 49% Marketbottom 45% Globalbottom 38% Techbottom 32% Newsbottom 21% Funding: Raised $278M across 10 rounds · 10 rounds over 7 yrs (1.4/yr) Moat: Editorial + unicorn rating 6/10 · 9 curated direct competitors tracked rank vs industry peers · Fliar Intelligence Index 42/100 | $278M | 11 mo ago | Acquired | 53 | WordPressApple iCloud MailMicrosoft 365+21 | Top 5M | — | — | 1 award |
| 7 | Hydro Ottawa Provider of billing and energy monitoring services 72Funding top 20%Tech top 31%Growth top 35%Market top 37% All 7 signals ▾Fundingtop 20% Techtop 31% Growthtop 35% Markettop 37% Producttop 50% Globalbottom 25% Newsbottom 22% Funding: Raised $235M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) Tech: 43 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon Ses rank vs industry peers · Fliar Intelligence Index 72/100 | $235M | 16 mo ago | Late Stage | 680 | DrupalApple iCloud MailGoogle Workspace+24 | Top 1M | — | — | 1 job opening |
| 8 | CarbonCure Developer of technology that injects carbon dioxide into fresh concrete 64Funding top 25%Moat top 28%News top 29%Growth top 32% All 9 signals ▾Fundingtop 25% Moattop 28% Newstop 29% Growthtop 32% Innovationtop 37% Markettop 50% Techtop 50% Patentsbottom 49% Globalbottom 44% Funding: Raised $169M across 7 rounds · 7 rounds over 14 yrs (0.5/yr) Moat: Editorial + unicorn rating 8/10 · IP moat: 27 patents rank vs industry peers · Fliar Intelligence Index 64/100 | $169M | 35 mo ago | Series F | 109 | WordPressApple iCloud MailMicrosoft 365+27 | Top 5M | 10 signals ▲67% Leadership · Announcements | 27 patents Injecting CO₂ into concrete for in‑situ mineralization and strength enhancement | — |
| 9 | 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 | Series C | 2 | SalesforceVimeoGSAP+28 | Top 10M | — | 31 patents Spaceborne hyperspectral imaging for atmospheric trace‑gas detection and quantification | 1 launch |
| 10 | Loop Industries Producer of waste polyethylene terephthalate (PET) plastics and polyester fibers 42Partners top 21%Product top 29%Funding top 30%Innovation top 34% All 12 signals ▾Partnerstop 21% Producttop 29% Fundingtop 30% Innovationtop 34% Newstop 39% Techtop 43% Growthtop 45% Moattop 48% Talentbottom 40% Marketbottom 39% Globalbottom 37% Fin. healthbottom 24% Partners: 3 partnership announcements in 12 mo (3 in 24 mo) · 7 contract events in 12 mo Product: 0 product launch events in 12 mo · 5 distinct product lines rank vs industry peers · Fliar Intelligence Index 42/100 | $126M | 18 mo ago | Public | 73 | WordPressMarkerMySQL+20 | Top 10M | 21 signals ▼36% Contracts · Earnings · Announcements | — | — |
| 11 | 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 | 16 mo ago | Series B | 8 | WebflowApple iCloud MailMicrosoft 365+23 | Top 5M | 6 signals ▼71% Capital raise · Funding · Hiring | — | 1 job opening · 1 expansion |
| 12 | Deep Sky Developer of infrastructure for carbon dioxide removal and geologic storage 37Funding top 28%Talent top 37%Moat top 39%News bottom 48% All 8 signals ▾Fundingtop 28% Talenttop 37% Moattop 39% Newsbottom 48% Growthbottom 40% Marketbottom 39% Globalbottom 37% Partnersbottom 35% Funding: Raised $64.8M across 4 rounds · 4 rounds over 3 yrs (1.3/yr) Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 37/100 | $65M | 17 mo ago | Series A | — | — | Top 5M | 5 signals ▼74% Leadership · Capital raise · Contracts | — | 1 partnership |
| 13 | 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 | 7 mo ago | Public | 37 | PHPCentOSVimeo+18 | Top 10M | 68 signals ▲106% Funding · Announcements · Capital raise | — | 1 expansion |
| 14 | XNRGY Manufacturer of thermal management systems for data centers and healthcare 53Tech top 39%Moat top 39%Funding top 40%Growth top 42% All 8 signals ▾Techtop 39% Moattop 39% Fundingtop 40% Growthtop 42% Markettop 47% Talentbottom 49% Newsbottom 45% Globalbottom 36% Tech: 38 technologies across 4/8 capability areas · Cloud: Cloudflare Moat: Editorial + unicorn rating 5/10 · Soonicorn rank vs industry peers · Fliar Intelligence Index 53/100 | $57M | 7 mo ago | Series C | 217 | WordPressMySQLPHP+27 | Top 5M | 3 signals ▼25% Hiring · Funding | — | 1 expansion · 1 award |
| 15 | BamCore Provider of bamboo building materials and construction 29Funding top 38%Tech bottom 48%Market bottom 32%Global bottom 30% All 4 signals ▾Fundingtop 38% Techbottom 48% Marketbottom 32% Globalbottom 30% Funding: Raised $53.3M across 6 rounds · 6 rounds over 10 yrs (0.6/yr) Tech: 15 technologies across 4/8 capability areas · Cloud: Google Cloud, Google Cloud Cdn rank vs industry peers · Fliar Intelligence Index 29/100 | $53M | 25 mo ago | Series B | 29 | Wix eCommerceWixSentry+12 | Top 50M | — | — | — |
| 16 | Radiant Biotherapeutics Developer of therapeutics for cancer, auto-immune and infectious diseases 37Patents top 33%Funding top 34%Moat top 38%Innovation top 40% All 9 signals ▾Patentstop 33% Fundingtop 34% Moattop 38% Innovationtop 40% Techtop 41% Growthbottom 47% Globalbottom 40% Marketbottom 26% Newsbottom 18% Patents: 38 patents matched (strict assignee match) · 38 filings since 2022 vs 0 in 2017-21 Funding: Raised $43.0M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 37/100 | $43M | 21 mo ago | Series A | 11 | WordPress Block EditorWordPressMySQL+16 | Top 50M | — | 38 patents Multispecific antibody therapeutics targeting TNF receptors and cytokine pathways | — |
| 17 | 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 | Series B | 23 | — | — | — | — | 1 expansion |
| 18 | Cielo Developer of facilities converting waste streams into low-carbon fuels 42Funding top 24%Partners top 31%News top 43%Growth top 45% All 7 signals ▾Fundingtop 24% Partnerstop 31% Newstop 43% Growthtop 45% Techtop 46% Globalbottom 36% Marketbottom 35% Funding: Raised $34.7M across 19 rounds · 19 rounds over 9 yrs (2.1/yr) Partners: 3 contract events in 12 mo · Named contractor/client in 3 deals rank vs industry peers · Fliar Intelligence Index 42/100 | $35M | 4 mo ago | Public | 22 | WordPressPleskMySQL+28 | Top 10M | 21 signals ▼55% Funding · Announcements · Contracts | — | — |
| 19 | CUT Manufacturer focuses on advanced carbon-based building materials 48Funding top 26%Innovation top 27%Moat top 39%Product top 41% All 10 signals ▾Fundingtop 26% Innovationtop 27% Moattop 39% Producttop 41% Talenttop 43% Growthtop 48% Newsbottom 49% Globalbottom 39% Techbottom 37% Marketbottom 31% Funding: Raised $32.9M across 6 rounds · 6 rounds over 7 yrs (0.9/yr) Innovation: 3 product lines · Deep-tech classification: Tech Hardware rank vs industry peers · Fliar Intelligence Index 48/100 | $33M | 2 mo ago | Series A | 26 | WordPress Block EditorElementorWordPress+25 | Top 10M | 4 signals ▼33% Leadership | — | — |
| 20 | Corinex Corinex provides digital grid reinforcement through digital capacity infrastructure 67Growth top 22%Innovation top 23%Funding top 26%Product top 30% All 10 signals ▾Growthtop 22% Innovationtop 23% Fundingtop 26% Producttop 30% Newstop 31% Moattop 48% Talentbottom 48% Marketbottom 45% Techbottom 44% Globalbottom 38% Growth: Fresh capital in last 24 mo Innovation: 9 product lines · Deep-tech classification: Tech Hardware rank vs industry peers · Fliar Intelligence Index 67/100 | $30M | 9 mo ago | Series B | 64 | WebflowYouTubeWeglot+12 | Top 10M | 5 signals ▲67% Funding · Leadership | — | 1 partnership · 3 awards |
| 21 | Mangrove Lithium Developer of modular scalable lithium refining technology for battery‑grade production 60Growth top 20%News top 20%Funding top 28%Talent top 28% All 9 signals ▾Growthtop 20% Newstop 20% Fundingtop 28% Talenttop 28% Partnerstop 31% Moattop 39% Techbottom 42% Marketbottom 40% Globalbottom 36% Growth: Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo News: 7 BI events in 12 mo (of 14 tracked, 5 types) · +600% YoY rank vs industry peers · Fliar Intelligence Index 60/100 | $25M | 5 mo ago | Series B | 35 | WordPressMySQLPHP+22 | Top 10M | 7 signals ▲600% Contracts · Funding · Capital raise | — | 1 award |
| 22 | Legend Power Provider of voltage reduction systems 40Funding top 21%Product top 24%Growth top 45%Tech top 48% All 10 signals ▾Fundingtop 21% Producttop 24% Growthtop 45% Techtop 48% Moatbottom 49% Newsbottom 48% Globalbottom 43% Innovationbottom 40% Marketbottom 37% Patentsbottom 34% Funding: Raised $24.3M across 12 rounds · 12 rounds over 17 yrs (0.7/yr) Product: 2 distinct product lines · Company stage: Public rank vs industry peers · Fliar Intelligence Index 40/100 | $24M | 4 mo ago | Public | 37 | WordPressMySQLPHP+24 | Top 10M | — | 7 patents Voltage regulation and control systems for power distribution and transformer applications | 2 launchs |
| 23 | Miru Smart Technologies Manufacturer of electrochromic windows 40Patents top 29%Innovation top 37%Moat top 37%Funding top 38% All 7 signals ▾Patentstop 29% Innovationtop 37% Moattop 37% Fundingtop 38% Techbottom 42% Globalbottom 40% Marketbottom 38% Patents: 20 patents matched (strict assignee match) · 20 filings since 2022 vs 0 in 2017-21 Innovation: 20 patents (top 52% of patent-holders) · 20 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 40/100 | $20M | 22 mo ago | Series A | 43 | WordPressMySQLPHP+19 | Top 10M | — | 20 patents Advanced electrochromic devices and ion-conducting polymer electrolyte film technologies | 1 launch · 1 partnership |
| 24 | Axine Water Provider of electrochemical oxidation technology for industrial wastewater treatment solutions 53Moat top 21%Funding top 32%Growth top 35%Patents top 36% All 9 signals ▾Moattop 21% Fundingtop 32% Growthtop 35% Patentstop 36% Innovationtop 37% Techtop 38% Globalbottom 42% Marketbottom 31% Newsbottom 22% Moat: Editorial + unicorn rating 7/10 · IP moat: 117 patents Funding: Raised $18.8M across 12 rounds · 12 rounds over 14 yrs (0.9/yr) rank vs industry peers · Fliar Intelligence Index 53/100 | $19M | 19 mo ago | Series C | 21 | WordPressMySQLPHP+31 | Top 10M | — | 117 patents Patents concentrated in chemistry & materials | — |
| 25 | Geomega Ressources Provides sustainable rare earth's recycling solutions 35Funding top 26%Tech top 37%Growth top 45%Talent bottom 49% All 9 signals ▾Fundingtop 26% Techtop 37% Growthtop 45% Talentbottom 49% Moatbottom 42% Innovationbottom 32% Globalbottom 31% Marketbottom 29% Patentsbottom 26% Funding: Raised $18.8M across 14 rounds · 14 rounds over 15 yrs (0.9/yr) Tech: 34 technologies across 4/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 35/100 | $19M | 6 mo ago | Public | — | WordPressPleskMySQL+20 | Top 10M | — | 4 patents Patents concentrated in chemistry & materials | — |
| 26 | Revive Therapeutics Developer of therapeutics to treat rare and infectious diseases 27Product top 24%Moat top 32%Funding top 36%Patents top 42% All 10 signals ▾Producttop 24% Moattop 32% Fundingtop 36% Patentstop 42% Innovationtop 44% Growthtop 48% Techbottom 48% Newsbottom 43% Globalbottom 31% Marketbottom 16% Product: 2 distinct product lines · Company stage: Public Moat: Editorial + unicorn rating 5/10 · IP moat: 24 patents rank vs industry peers · Fliar Intelligence Index 27/100 | $17M | 10 mo ago | Public | 3 | WordPressMySQLPHP+16 | Top 50M | 3 signals ▼57% Funding | 24 patents Neuroprotective and anti‑infective therapeutics repurposing bucillamine and psilocybin | — |
| 27 | Appili Therapeutics Developer of drugs to treat infectious diseases 32Funding top 31%Product top 32%Tech top 40%Moat top 42% All 10 signals ▾Fundingtop 31% Producttop 32% Techtop 40% Moattop 42% Newstop 49% Patentstop 50% Globalbottom 48% Growthbottom 47% Innovationbottom 44% Marketbottom 27% Funding: Raised $15.5M across 18 rounds · 18 rounds over 10 yrs (1.8/yr) Product: 3 distinct product lines · Company stage: Acquired rank vs industry peers · Fliar Intelligence Index 32/100 | $16M | 6 mo ago | Acquired | 9 | WordPressMySQLPHP+24 | Top 50M | 5 signals ▼71% Earnings · Funding | 15 patents Oral antimicrobial formulations and antifungal therapies targeting Candida auris infections | — |
| 28 | Oneka Technologies Waves-powered desalination units developer 57Innovation top 23%Product top 30%Growth top 35%Moat top 38% All 8 signals ▾Innovationtop 23% Producttop 30% Growthtop 35% Moattop 38% Fundingtop 39% Marketbottom 43% Techbottom 43% Globalbottom 36% Innovation: 4 product lines · Deep-tech classification: Tech Hardware Product: 4 distinct product lines · Company stage: Series B rank vs industry peers · Fliar Intelligence Index 57/100 | $15M | 18 mo ago | Series B | 48 | WordPressMySQLPHP+22 | Top 10M | — | — | 1 award |
| 29 | Planetary Provider of ocean alkalinity enhancement for carbon removal 53News top 16%Growth top 23%Funding top 37%Talent top 38% All 8 signals ▾Newstop 16% Growthtop 23% Fundingtop 37% Talenttop 38% Techbottom 49% Partnersbottom 49% Globalbottom 38% Marketbottom 36% News: 9 BI events in 12 mo (of 17 tracked, 4 types) · +200% YoY Growth: 1 acquisition/expansion move in 24 mo · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 53/100 | $15M | 19 mo ago | Series A | 22 | WordPressMySQLRedis+24 | Top 5M | 9 signals ▲200% Funding · Contracts | — | — |
| 30 | Watt Renewables Provides off-grid solution for solar energy 48Innovation top 23%Product top 30%Partners top 45%Tech top 47% All 10 signals ▾Innovationtop 23% Producttop 30% Partnerstop 45% Techtop 47% Fundingtop 49% Talentbottom 49% Growthbottom 47% Marketbottom 37% Globalbottom 36% Newsbottom 21% Innovation: 5 product lines · Deep-tech classification: Tech Hardware Product: 5 distinct product lines · Company stage: Series B rank vs industry peers · Fliar Intelligence Index 48/100 | $13M | 18 mo ago | Series B | 46 | WordPressMySQLPHP+22 | Top 50M | — | — | 3 job openings · 1 partnership |
| 31 | Bionxt Developer of drug formulations and delivery systems for various diseases 37News top 36%Funding top 38%Partners top 40%Patents top 46% All 11 signals ▾Newstop 36% Fundingtop 38% Partnerstop 40% Patentstop 46% Growthtop 47% Talenttop 49% Moatbottom 49% Innovationbottom 46% Techbottom 43% Marketbottom 39% Globalbottom 38% News: 9 BI events in 12 mo (of 28 tracked, 7 types) · -36% YoY Funding: Raised $12.6M across 11 rounds · 11 rounds over 4 yrs (2.8/yr) rank vs industry peers · Fliar Intelligence Index 37/100 | $13M | 15 mo ago | Public | 25 | WordPressMySQLPHP+20 | Top 50M | 9 signals ▼36% Funding · Leadership · Contracts | 7 patents Novel psilocin prodrugs and enteric drug delivery formulations for pharmaceutical applications. | 1 partnership |
| 32 | DevvStream Provider of capital for carbon credit rights in exchange for cash 35Partners top 31%News top 32%Funding top 43%Growth top 45% All 8 signals ▾Partnerstop 31% Newstop 32% Fundingtop 43% Growthtop 45% Talentbottom 49% Marketbottom 41% Globalbottom 38% Techbottom 37% Partners: 0 partnership announcements in 12 mo (1 in 24 mo) · 4 contract events in 12 mo News: 8 BI events in 12 mo (of 45 tracked, 9 types) · -33% YoY rank vs industry peers · Fliar Intelligence Index 35/100 | $11M | 11 mo ago | Public | — | Apache HTTP ServerCloudflarecdnjs+12 | Top 10M | 8 signals ▼33% Contracts · Funding · Earnings | — | — |
| 33 | Syantra Health Developer of a blood test device to detect breast cancer 53Talent top 23%AI top 30%Growth top 35%Funding top 39% All 8 signals ▾Talenttop 23% AItop 30% Growthtop 35% Fundingtop 39% Moattop 48% Techbottom 40% Globalbottom 36% Marketbottom 29% Talent: 6 named leaders on record · 6 C-suite/founder profiles curated AI: Classified as an AI company · Product described with: artificial intelligence rank vs industry peers · Fliar Intelligence Index 53/100 | $10M | 3 mo ago | Series A | 15 | WebflowTypekitMicrosoft 365+7 | Top 50M | — | — | — |
| 34 | 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 | 12 mo ago | Series A | 49 | Cart FunctionalitySquarespace CommerceSquarespace+15 | Top 10M | — | — | — |
| 35 | Providence Therapeutics Developer of mRNA-based therapeutics for cancer and covid-19 treatment 55Patents top 24%Moat top 32%Innovation top 35%Growth top 35% All 11 signals ▾Patentstop 24% Moattop 32% Innovationtop 35% Growthtop 35% Talenttop 38% Fundingtop 43% Marketbottom 49% Newsbottom 45% Globalbottom 43% Partnersbottom 35% Techbottom 29% Patents: 54 patents matched (strict assignee match) · 54 filings since 2022 vs 0 in 2017-21 Moat: Editorial + unicorn rating 7/10 · IP moat: 54 patents rank vs industry peers · Fliar Intelligence Index 55/100 | $9M | 13 mo ago | Series A | 68 | JoomlaPHPThree.js+15 | Top 10M | — | 54 patents Lipid nanoparticle platforms for nucleic acid vaccine delivery and therapeutic formulations | 1 launch |
| 36 | Eli Provider of AI-base smart devices for women to monitor reproductive health 72Innovation top 25%Growth top 25%News top 25%Tech top 31% All 11 signals ▾Innovationtop 25% Growthtop 25% Newstop 25% Techtop 31% Talenttop 38% Fundingtop 40% Moattop 44% AItop 45% Producttop 46% Globalbottom 39% Marketbottom 31% Innovation: 4 new-product events in 24 mo · Deep-tech classification: Tech Hardware Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 72/100 | $7M | 12 mo ago | Series A | 19 | Cart FunctionalityShopifyShop Pay+28 | Top 5M | 4 signals ▲300% New product | — | — |
| 37 | Carbonova Provider of solutions for converting greenhouse gas emissions into sustainable carbon nanomaterials for… 45Growth top 25%News top 27%Funding top 37%Patents top 38% All 10 signals ▾Growthtop 25% Newstop 27% Fundingtop 37% Patentstop 38% Talenttop 38% Moattop 42% Innovationtop 45% Techbottom 44% Globalbottom 43% Marketbottom 21% Growth: Fresh capital in last 24 mo News: 5 BI events in 12 mo (of 15 tracked, 2 types) · +150% YoY rank vs industry peers · Fliar Intelligence Index 45/100 | $6M | 6 mo ago | Series A | 8 | WordPressMySQLPHP+21 | Top 50M | 5 signals ▲150% Funding | 15 patents Carbon conversion reactors and processes for solid carbon and carbon nanofiber synthesis | — |
| 38 | 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 | 12 mo ago | Public | — | WordPressMySQLPHP+28 | Top 50M | 3 signals ▼62% Leadership | 2 patents Biotechnological production of liquid ferric sulfate via microbial processes | — |
| 39 | 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 | Seed | 19 | WixSentryBootstrap+12 | Top 10M | — | — | — |
| 40 | Homerun Resources Homerun Resources - Home 45Growth top 25%News top 29%Partners top 29%Product top 35% All 9 signals ▾Growthtop 25% Newstop 29% Partnerstop 29% Producttop 35% Fundingtop 38% Techbottom 49% Talentbottom 49% Marketbottom 36% Globalbottom 25% Growth: 2 acquisition/expansion moves in 24 mo · Fresh capital in last 24 mo News: 19 BI events in 12 mo (of 50 tracked, 9 types) · +58% YoY rank vs industry peers · Fliar Intelligence Index 45/100 | $5M | 14 mo ago | Public | — | WordPressBetterDocsMySQL+22 | Top 10M | 19 signals ▲58% Funding · Contracts · Regulatory | — | 1 expansion |
| 41 | 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 | Public | 50 | LocomotiveCMSRubyMongoDB+18 | Top 50M | 8 signals ▼65% Earnings · Contracts · Funding | 22 patents Autonomous solar lighting systems with variable-source charging and remote monitoring | — |
| 42 | Solaires Developer of perovskite-based solar ink and photovoltaic modules and film 27Growth top 35%Funding top 49%Global bottom 36%Tech bottom 32% All 5 signals ▾Growthtop 35% Fundingtop 49% Globalbottom 36% Techbottom 32% Marketbottom 31% Growth: Fresh capital in last 24 mo Funding: Raised $3.6M across 3 rounds · 3 rounds over 5 yrs (0.6/yr) rank vs industry peers · Fliar Intelligence Index 27/100 | $4M | 14 mo ago | Seed | 29 | PythonBootstrapAmazon Web Services+15 | Top 50M | — | — | — |
| 43 | Xatoms AI and quantum startup revolutionizing water purification with new materials 22Funding top 46%Talent bottom 49%News bottom 38%Market bottom 37% All 5 signals ▾Fundingtop 46% Talentbottom 49% Newsbottom 38% Marketbottom 37% Globalbottom 36% Funding: Raised $3.2M across 3 rounds · 3 rounds over 1 yrs (3.0/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 22/100 | $3M | 4 mo ago | Seed | — | — | — | — | — | — |
| 44 | FREDsense Provider of a biosensor platform to detect water-borne chemicals 55Innovation top 23%Talent top 28%Product top 36%Moat top 39% All 10 signals ▾Innovationtop 23% Talenttop 28% Producttop 36% Moattop 39% Techtop 44% Growthtop 45% Newstop 46% Fundingtop 49% Globalbottom 36% Marketbottom 34% Innovation: 5 product lines · Deep-tech classification: Tech Hardware Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 55/100 | $3M | 8 mo ago | Series A | 25 | WordPressApple iCloud MailGoogle Workspace+32 | Top 10M | — | — | 1 launch |
| 45 | LiORA Provider of soil and groundwater sensor technology and environmental remediation services 40Tech top 45%AI top 45%Talent bottom 45%Funding bottom 40% All 5 signals ▾Techtop 45% AItop 45% Talentbottom 45% Fundingbottom 40% Globalbottom 33% Tech: 25 technologies across 4/8 capability areas · Cloud: Amazon Ses, Amazon Web Services AI: Product described with: ai-driven rank vs industry peers · Fliar Intelligence Index 40/100 | $3M | 12 mo ago | Seed | — | WebflowAmazon Web ServicesGSAP+22 | Top 50M | — | — | 1 award |
| 46 | Karbon-X Provider of verified carbon offsetting solutions for businesses and individuals. 37Growth top 25%News top 27%Partners top 40%Tech top 44% All 10 signals ▾Growthtop 25% Newstop 27% Partnerstop 40% Techtop 44% Fundingtop 49% Productbottom 45% Fin. healthbottom 43% Customersbottom 35% Globalbottom 30% Marketbottom 26% Growth: Revenue +4091% YoY · Web rank 10,000,000 → 50,000,000 YoY News: 16 BI events in 12 mo (of 33 tracked, 8 types) · +220% YoY rank vs industry peers · Fliar Intelligence Index 37/100 | $3M | 4 mo ago | Seed | 7 | Node.jsRadix UITailwind CSS+17 | Top 10M | 16 signals ▲220% Earnings · Announcements · Funding | — | — |
| 47 | Forward Water Technologies Developer of forward osmosis technology for water recovery and volume reduction 29Product top 14%News top 36%Growth top 38%Moat top 38% All 10 signals ▾Producttop 14% Newstop 36% Growthtop 38% Moattop 38% Fundingtop 40% Talentbottom 49% Patentsbottom 44% Innovationbottom 41% Globalbottom 40% Marketbottom 23% Product: 10 distinct product lines · Company stage: Public News: 15 BI events in 12 mo (of 52 tracked, 9 types) · -12% YoY rank vs industry peers · Fliar Intelligence Index 29/100 | $2M | 10 mo ago | Public | 6 | — | — | 15 signals Earnings · Funding · Acquisition | 19 patents Switchable forward osmosis membranes and polymer treatments for water desalination | — |
| 48 | Cytophage Developer of bacteriophages for the treatment of bacterial infections 32Growth top 35%Funding top 45%Talent top 45%Tech bottom 37% All 6 signals ▾Growthtop 35% Fundingtop 45% Talenttop 45% Techbottom 37% Globalbottom 36% Marketbottom 27% Growth: Fresh capital in last 24 mo Funding: Raised $1.8M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) rank vs industry peers · Fliar Intelligence Index 32/100 | $2M | 8 mo ago | Public | 16 | WordPressMySQLPHP+21 | Top 50M | — | — | — |
| 49 | Verdi Provider of irrigation automation systems for farms and agricultural operations 45Growth top 28%Talent top 28%Tech bottom 47%Funding bottom 46% All 6 signals ▾Growthtop 28% Talenttop 28% Techbottom 47% Fundingbottom 46% Globalbottom 37% Marketbottom 32% Growth: Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 45/100 | $2M | 9 mo ago | Seed | 23 | Webflowcore-jsjQuery+16 | Top 10M | — | — | — |
| 50 | StokedBio Developer of therapeutics based on AI technology 45Talent top 28%AI top 45%Funding top 46%Market bottom 37% All 5 signals ▾Talenttop 28% AItop 45% Fundingtop 46% Marketbottom 37% Globalbottom 29% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated AI: Product described with: ai-based rank vs industry peers · Fliar Intelligence Index 45/100 | $366K | 1 mo ago | Seed | — | — | — | — | — | — |
Top 12 Sustainability Tech companies in Canada
#1
Series A · Calgary, Alberta · founded 2014 · 26 employees$32.9Mraised▾
Series A · Calgary, Alberta · founded 2014 · 26 employees
Manufacturer focuses on advanced carbon-based building materials. It develops materials suited for concrete and similar construction applications using methods that incorporate captured carbon. Its work supports a range of structural needs through alternatives designed for durability and performance.
Fliar Intelligence Index™ 48how this company ranks against its industry peers
Funding
top 26%Innovation
top 27%Moat
top 39%Product
top 41%Talent
top 43%Growth
top 48%Funding: Raised $32.9M across 6 rounds · 6 rounds over 7 yrs (0.9/yr) · Last round Venture Debt (Apr 2026)
Innovation: 3 product lines · Deep-tech classification: Tech Hardware
Moat: Editorial + unicorn rating 6/10 · 9 curated direct competitors tracked
Audience (LinkedIn): 17k LinkedIn followers — 3.6% of this cohort's audience
Funding rounds
- Apr 2026Venture Debt$10M
- Jun 2025Series A$18M
- Jul 2023Series A$26.1M
- Apr 2023Seed$600K
Founders & team
Investors
CRH Ventures, ERA, Climate Investment, BDC, Clean Energy Ventures, Clean Energy Venture Group
Tech stack
BluehostCore-JsElementorEndurance Page CacheGodaddyGoogle Analytics
#2
Public · Vancouver, British Columbia · founded 2011 · 22 employees$34.7Mraised▾
Public · Vancouver, British Columbia · founded 2011 · 22 employees
Developer of facilities converting waste streams into low-carbon fuels. The company focuses on securing waste streams that could harm the environment. It applies commercially available technologies to convert them into valuable fuels. The aim is to prevent materials from entering landfills, reducing emissions. The company intends to choose the right technology for the feedstock and market.
Fliar Intelligence Index™ 42how this company ranks against its industry peers
Funding
top 24%Partners
top 31%News
top 43%Growth
top 45%Tech
top 46%Global
bottom 36%Funding: Raised $34.7M across 19 rounds · 19 rounds over 9 yrs (2.1/yr) · Last round Post IPO (Feb 2026)
Partners: 3 contract events in 12 mo · Named contractor/client in 3 deals
News: 21 BI events in 12 mo (of 187 tracked, 10 types) · -55% YoY · 13 high-value events (IPO/M&A/funding/contracts) in 12 mo
Audience (LinkedIn): 566 LinkedIn followers
Activity (LinkedIn): 1 partnerships (incl. Tano T'enneh Enterprises) announced in 12 mo
Funding rounds
- Feb 2026Post IPO$737.7K
- Oct 2025Post IPO$1.4M
- May 2025Post IPO$802.6K
- Jan 2025Post IPO$17.9K
Investors
Planet Ventures, EMBR Capital
Tech stack
Anime.JsContact Form 7Core-JsFacebook PixelFancyboxFlickity
#3
Acquired · Calgary, Alberta · founded 2017 · 53 employees$277.8Mraised▾
Acquired · Calgary, Alberta · founded 2017 · 53 employees
Provider of solutions for generating electricity from geothermal energy. The company offers a closed system within which a proprietary working fluid is contained and circulated. The system harvests heat from deep in the earth that can be used for commercial heating applications.
Fliar Intelligence Index™ 42how this company ranks against its industry peers
Funding
top 15%Moat
top 39%Growth
top 45%Talent
bottom 49%Market
bottom 45%Global
bottom 38%Funding: Raised $278M across 10 rounds · 10 rounds over 7 yrs (1.4/yr) · Last round Series C (Jul 2025)
Moat: Editorial + unicorn rating 6/10 · 9 curated direct competitors tracked
Growth: Web rank 5,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 31k LinkedIn followers — 6.7% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Jul 2025Series C$65.1M
- Oct 2023Series B$65.7M
- Jun 2023Series B$59.9M
- Mar 2023Series B$405K
Founders & team
Investors
Sustainable Development Technology Canada, Natural Resources Canada, OMV Group, Japan Energy Fund, Monaco Asset Management, BDC
Tech stack
Apache Http ServerApple Icloud MailCookieyesCore-JsElementorGodaddy
#4
Series C · Montreal, Montreal · founded 2011 · 2 employees$145.1Mraised▾
Series C · Montreal, Montreal · founded 2011 · 2 employees
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.
Fliar Intelligence Index™ 60how this company ranks against its industry peers
Funding
top 18%Moat
top 28%Talent
top 28%Innovation
top 30%Patents
top 31%Tech
top 34%Funding: Raised $145M across 7 rounds · 7 rounds over 8 yrs (0.9/yr) · Last round Series C (Sep 2025)
Moat: Editorial + unicorn rating 8/10 · IP moat: 31 patents · Soonicorn
Talent: Analyst team rating 4/5
Audience (LinkedIn): 39k LinkedIn followers — 8.5% of this cohort's audience
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- Sep 2025Series C$34M
- Sep 2025Conventional Debt—
- Sep 2023Series C$44M
- Sep 2023Conventional Debt—
Investors
Fonds de solidarite FTQ, BDC, Invest Quebec, Climate Investment, Japan Energy Fund, BMO
Tech stack
6SenseCloudflareCloudflare Bot ManagementCloudflare Rocket LoaderCore-JsEmotion
#5
Public · Burnaby, British Columbia · founded 2001 · 37 employees$24.3Mraised▾
Public · Burnaby, British Columbia · founded 2001 · 37 employees
Provider of voltage reduction systems. It offers Harmonizer - a device that reduces energy consumption by fine-tuning utility voltages to meet individual building requirements with the concept of conservation voltage reduction.
Fliar Intelligence Index™ 40how this company ranks against its industry peers
Funding
top 21%Product
top 24%Growth
top 45%Tech
top 48%Moat
bottom 49%News
bottom 48%Funding: Raised $24.3M across 12 rounds · 12 rounds over 17 yrs (0.7/yr) · Last round Post IPO (Jan 2026)
Product: 2 distinct product lines · Company stage: Public
Growth: Web rank 10,000,000 → 50,000,000 YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 2k LinkedIn followers
Activity (LinkedIn): 2 product launches announced in 12 mo
Funding rounds
- Jan 2026Post IPO$43.7K
- Jan 2025Post IPO$593.2K
- Dec 2024Post IPO$530.9K
- Dec 2024Post IPO$1.1M
Investors
Stifel, Canaccord Genuity Group, Haywood, Foresight, Enerdigm
Tech stack
Amazon AlbAmazon Web ServicesCloudflareCloudflare Bot ManagementCore-JsDivi
#6
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
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
#7
Series B · Delta, British Columbia · founded 2013 · 35 employees$25Mraised▾
Series B · Delta, British Columbia · founded 2013 · 35 employees
Developer of modular scalable lithium refining technology for battery‑grade production. The company offers an electrochemical refining platform that converts lithium chloride or sulfate from diverse feedstocks including brines, hard rock, clay, and recycled sources into high‑purity lithium hydroxide or carbonate. The modular design enables co‑location with extraction or battery manufacturing facilities and scalable capacity adjustments. The process reduces waste, minimizes chemical requirements, and lowers carbon emissions compared to conventional methods. It is intended to support lithium supply resilience and flexible integration across the battery value chain.
Fliar Intelligence Index™ 60how this company ranks against its industry peers
Growth
top 20%News
top 20%Funding
top 28%Talent
top 28%Partners
top 31%Moat
top 39%Growth: Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo
News: 7 BI events in 12 mo (of 14 tracked, 5 types) · +600% YoY · 5 high-value events (IPO/M&A/funding/contracts) in 12 mo
Funding: Raised $25.0M across 5 rounds · 5 rounds over 5 yrs (1.0/yr) · Last round Conventional Debt (Jan 2026)
Audience (LinkedIn): 7k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Jan 2026Conventional Debt$85M
- Nov 2025Series B$1.5M
- Jan 2025Series B$35M
- May 2022Series A—
Founders & team
Investors
BMW i Ventures, Breakthrough Energy, BDC, Mitsubishi Corporation, Asahi Kasei, InBC
Tech stack
ComplianzCore-JsElementorFlickityGoogle AnalyticsGoogle Font Api
#8
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 — 7.5% 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
#9
Series C · Longueuil, Quebec · founded 2019 · 217 employees$57.5Mraised▾
Series C · Longueuil, Quebec · founded 2019 · 217 employees
Manufacturer of thermal management systems for data centers and healthcare. The company specializes in custom-engineered systems prioritizing energy efficiency, water conservation, and reduced carbon footprint. Its products include air handling units, chillers, dehumidification systems, and cooling units. The company also provides air purification solutions featuring modular design and disinfecting filtration technology.
Fliar Intelligence Index™ 53how this company ranks against its industry peers
Tech
top 39%Moat
top 39%Funding
top 40%Growth
top 42%Market
top 47%Talent
bottom 49%Tech: 38 technologies across 4/8 capability areas · Cloud: Cloudflare · Devops: Nginx
Moat: Editorial + unicorn rating 5/10 · Soonicorn · 4 curated direct competitors tracked
Funding: Raised $57.5M across 1 rounds · 1 rounds over 6 yrs (0.2/yr) · Last round Series C (Oct 2025)
Audience (LinkedIn): 14k LinkedIn followers — 3.0% of this cohort's audience
Activity (LinkedIn): 1 awards · 1 expansions announced in 12 mo
Funding rounds
- Oct 2025Series C—
- Jul 2025Series C—
- Mar 2023Series C—
- Jan 2020Series C$57.5M
Founders & team
Investors
MacKinnon, Bennett & Company, Idealist Capital, Cerebrus, Activate Capital, Decarbonization Partners, Climate Investment
Tech stack
AosCookieyesCore-JsFancyboxGodaddyGoogle Analytics
#10
Series E · Burnaby, British Columbia · founded 2007 · 267 employees$493Mraised▾
Series E · Burnaby, British Columbia · founded 2007 · 267 employees
Provider of carbon capture solutions from the air. It offers a patented technology that traps carbon produced by the industries such as cement, steel, ammonia, aluminium, methanol, and hydrogen. The captured CO2 is concentrated, processed, and then released for storage or industrial use.
Fliar Intelligence Index™ 74how this company ranks against its industry peers
Funding
top 17%Patents
top 26%Moat
top 28%Innovation
top 31%News
top 31%Growth
top 35%Funding: Raised $493M across 13 rounds · 13 rounds over 12 yrs (1.1/yr) · Last round Series E (Nov 2024)
Patents: 57 patents matched (strict assignee match) · 43 filings since 2022 vs 14 in 2017-21 · Latest publication 2026
Moat: Editorial + unicorn rating 8/10 · IP moat: 57 patents · Soonicorn
Audience (LinkedIn): 27k LinkedIn followers — 5.7% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Nov 2024Series E$10.7M
- Mar 2023Series E$15M
- Dec 2022Series E$318M
- Jul 2021Grant (prize money)$20.2M
Founders & team
Investors
Chevron Technology Ventures, OGCI, Husky Energy, The Roda Group, Climate Investment, Suncor
Tech stack
Apple Icloud MailCloudflareCloudflare Bot ManagementCore-JsDocusignElementor
#11
Series A · Calgary, Alberta · founded 2013 · 15 employees$10.4Mraised▾
Series A · Calgary, Alberta · founded 2013 · 15 employees
Developer of a blood test device to detect breast cancer. The company offers the Syantra DX device for blood-based cancer detection test that utilizes a combination of biomarkers and artificial intelligence-generated algorithms for molecular diagnostics. It captures and decodes changes in how the body is functioning. It enables earlier detection and effective treatment of cancer.
Fliar Intelligence Index™ 53how this company ranks against its industry peers
Talent
top 23%AI
top 30%Growth
top 35%Funding
top 39%Moat
top 48%Tech
bottom 40%Talent: 6 named leaders on record · 6 C-suite/founder profiles curated
AI: Classified as an AI company · Product described with: artificial intelligence
Growth: Fresh capital in last 24 mo
Audience (LinkedIn): 3k LinkedIn followers
Funding rounds
- Mar 2026Grant (prize money)$2.4M
- Sep 2024Series A$3.6M
- Jan 2022Series A$6.8M
- Jun 2021Seed—
Founders & team
Investors
The51, Canaccord Genuity Group, Plug and Play Tech Center, Accelerate Fund, Department of War, Innovate Calgary
Tech stack
CloudflareGoogle AnalyticsHstsHttp/3JqueryMicrosoft 365
#12
Public · Boucherville, Quebec · founded 2009$18.8Mraised▾
Public · Boucherville, Quebec · founded 2009
Provides sustainable rare earth's recycling solutions. It develops technologies for extraction and separation of rare earth elements and other critical metals essential for a sustainable future.
Fliar Intelligence Index™ 35how this company ranks against its industry peers
Funding
top 26%Tech
top 37%Growth
top 45%Talent
bottom 49%Moat
bottom 42%Innovation
bottom 32%Funding: Raised $18.8M across 14 rounds · 14 rounds over 15 yrs (0.9/yr) · Last round Post IPO (Nov 2025)
Tech: 34 technologies across 4/8 capability areas · Cloud: Cloudflare · Devops: Nginx
Growth: Web rank 10,000,000 → 50,000,000 YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 1k LinkedIn followers
Funding rounds
- Nov 2025Post IPO$1.9M
- Mar 2025Post IPO$1.4M
- Nov 2020Post IPO$2.5M
- Jul 2019Post IPO$317.8K
Founders & team
Investors
CMEB, Iavaleursmobilieres, Marquest, Natural Sciences and Engineering Research Council of Canada, Capital croissance PME, Nexolia
Tech stack
AngularCart FunctionalityCore-JsGoogle Font ApiHstsMicrosoft 365
Funding & investor landscape
$7.8Btotal disclosed funding
262companies funded
941disclosed rounds
2rounds last 90 days
Most active investors
Export Development Canada17 rounds
Notable founders
Apoorv Sinha
Chief Executive Officer · CUT
John Redfern
President & CEO (Co-Founder) · Eavor
Trent Mell
CEO · Electra Battery Materials
David Wilkinson
Co-Founder · Mangrove Lithium
Saad Dara
Co-Founder & CEO · Mangrove Lithium
Esther Pinto
President & CEO · Hydrostor
Yannick Beaudoin
Director - External Communications · Hydrostor
John Gocek
Co-Founder & CFO · XNRGY
Brett Henkel
Co-Founder & VP · Svante
Icd Claude Letourneau
President & CEO · Svante
Kenneth Fuh
Co-Founder · Syantra Health
Bob Shepherd
Co-Founder & COO · Syantra Health
Prism market signals · Canada · country-scoped Prism corpus, 259,613 docs
Market landscape — 10 sub-themes by coverage
Share of Sustainability Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · Canada
How research on Climate Adaptation is moving in Canada
A read on the academic research around Climate Adaptation — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 318 Canada-affiliated papers.
research sentiment over time
201720222026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 6% → 14% across 2017–2026.
top research entities
- University of British Columbia30
- University of Waterloo22
- McGill University19
- University of Alberta15
- Western University14
leading researchers
Hanna Karg · Edmund Kyei Akoto-Danso · Louis Amprako · Pay Drechsel · George Nyarko · Daniel Scott · James D. Ford · Slobodan P. Simonović
▲
Breakthroughs31 · 10%
▲ 0%→12% share
0 median citations90% since 2021mostly methods-led
Climate change research newly dominates Breakthroughs at 12% field-share, with 14 brand-new papers signalling rapid frontier emergence.
rising sub-themes (early→recent)
- Climate change14
- Flood myth10
- Resilience (materials science)10
- Climate risk6
- Vulnerability (computing)6
Newly emergingClimate change 0→14 · Resilience (materials science) 0→9 · Flood myth 0→8
Landmark Opportunities for natural infrastructure to improve urban water security in Latin America · 32 cites
◆
Advancements84 · 26%
▼ 56%→26% share
▼0.5× share momentum0 median citations71% since 2021mostly methods-led
Flood myth research surged from 7 to 24 papers, intensifying as a leading Advancements sub-topic in Canadian climate adaptation.
rising sub-themes (early→recent)
- Flood myth7→24
- Resilience (materials science)2→16
- Climate change5→18
- Flooding (psychology)2→12
- Psychological resilience1→10
Newly emergingEnvironmental resource management 0→7 · Sustainability 0→6 · Climate resilience 0→5
Landmark A framework for urban climate resilience · 822 cites
▼
Concerns167 · 53%
▲ 33%→53% share
▲1.6× share momentum0 median citations74% since 2021mostly empirical
Climate change concern papers exploded from 12 to 91, driving Concerns segment's field-share rise from 33% to 53%.
rising sub-themes (early→recent)
- Climate change12→91
- Resilience (materials science)2→27
- Vulnerability (computing)4→27
- Psychological resilience2→23
- Climate resilience2→18
Newly emergingSustainability 0→14 · Corporate governance 0→9 · Political economy of climate change 0→8
Landmark A critical review of climate change risk for ski tourism · 455 cites
RESEARCH HOTSPOTS · Canada
Where climate adaptation 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.
Vancouver35 · -0.03
Waterloo/Hamilton28 · -0.04
Montreal26 · +0.20
Toronto20 · +0.03
Edmonton/Calgary18 · +0.17
Ottawa/Kingston15 · -0.10
PATENT SIGNAL · Canada
Who's filing climate adaptation patents in Canada
Canada climate adaptation patent filing is steady — 1 filings from 1 assignees (2024–2024), led by Riskthinking AI; annual filings 1→1.
1 filings1 assigneespeak 1/yr2024–2024
filing momentum (YoY 2024–2024)
top patent filers
- Riskthinking AI1
Common questions
How many Sustainability Tech companies are there in Canada?
Radar tracks 970 indexable Sustainability Tech companies headquartered in Canada that meet our profile-completeness bar.
What is the total funding raised by Sustainability Tech companies in Canada?
The Sustainability Tech companies in Canada on this list have raised a combined $7.8B in disclosed equity funding across 262 funded companies.
Which is the highest-funded Sustainability Tech company in Canada?
Enerkem is the highest-funded Sustainability Tech company in Canada, with $858.6M in disclosed equity funding.
How many Sustainability Tech companies in Canada are funded?
262 of the 970 Sustainability Tech companies in Canada on this list have disclosed at least one equity funding round.
How many Sustainability Tech unicorns are there in Canada?
None of the Sustainability Tech companies in Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Canada Sustainability Tech companies?
The most active investors in Canada Sustainability Tech companies on this list include Sustainable Development Technology Canada, BDC, Foresight, MaRS Discovery District, Accelerator Centre.
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.