Radar · Waste & Water Management in Canada
Best Waste & Water Management Companies in Canada
The 460 best Waste & Water Management companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: gfl environmental.
By Rohit KhannaTrends & Stories
460companies tracked
$2.3Bdisclosed funding
0unicorns
70have raised
Canada's Waste & Water Management sector is bigger and more active than most people realize, and this directory ranks the best companies operating in it by disclosed equity funding and recent funding momentum across 460 tracked firms. Total disclosed funding sits at $2.3B, with Stormfisher anchoring the top of the table at $372M, a figure that dwarfs the next tier considerably. Fibracast follows at $45M, and EnviroGold Global at $17M. No unicorns yet, but the capital is concentrating fast.
The ~5.8% CAGR projected for this market reflects real pressure: rapid urbanization, intensifying water scarcity, and a push to modernize urban drainage infrastructure are all pulling capital in the same direction right now. Hot coverage themes this quarter include flood resilience and floodplain management, which tells you where the regulatory conversation is heading. Investors like Sustainable Development Technology Canada and the National Research Council Canada are the most active backers you'll see across this list, and that public-sector presence shapes the funding dynamics here more than in most sectors. If you're mapping the Canadian cleantech funding stack, this is the slice of it moving with the most structural tailwind behind it.
Sources & further reading
- prnewswire.com
FLIAR INTELLIGENCE · WASTE & WATER MANAGEMENT × CANADA
Our analysis of 100 Waste & Water Management companies
$3.6b in tracked funding; 67% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
100companies analysed
67%cloud-native stacks
2025funding peak (by rounds)
1unicorns
2010median founding year
325kcombined LinkedIn audience
72%of audience held by top 3
10companies hiring publicly (12 mo)
Ranked: Best Waste & Water Management companies in Canada
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | gfl environmental GFL (Green for Life) Environmental Inc., comprised of Liquid Waste Division (East & West), Solid Waste… 82Tech top 23%News top 24%Product top 24%Innovation top 25% All 10 signals ▾Techtop 23% Newstop 24% Producttop 24% Innovationtop 25% Fundingtop 25% Markettop 30% Partnerstop 40% Growthtop 42% Globalbottom 42% Customersbottom 1% Tech: 69 technologies across 5/8 capability areas · Cloud: Amazon Alb, Amazon Web Services News: 35 BI events in 12 mo (of 279 tracked, 12 types) · -35% YoY rank vs industry peers · Fliar Intelligence Index 82/100 | $786M | 56 mo ago | 20,000 | 2007 | — | 35 signals ▼35% M&A · Earnings · Acquisition | — | 1 job opening |
| 2 | Stormfisher Provider of organic waste, energy, and water recycling services 57Innovation top 20%Product top 26%Funding top 34%Growth top 42% All 8 signals ▾Innovationtop 20% Producttop 26% Fundingtop 34% Growthtop 42% Techtop 46% Moattop 48% Globalbottom 36% Marketbottom 35% Innovation: 5 product lines Product: 5 distinct product lines · Company stage: Acquired rank vs industry peers · Fliar Intelligence Index 57/100 | $372M | 27 mo ago | 50 | 2006 | — | — | — | 2 job openings · 1 partnership |
| 3 | Tervita Provider of industrial waste and water management services 53Market top 29%Funding top 33%Moat bottom 42%Patents bottom 41% All 7 signals ▾Markettop 29% Fundingtop 33% Moatbottom 42% Patentsbottom 41% Globalbottom 40% Newsbottom 36% Innovationbottom 22% Market: 1,177 employees (top 11% of Environment) Funding: Raised $335M · 3 rounds over 13 yrs (0.2/yr) rank vs industry peers · Fliar Intelligence Index 53/100 | $335M | 89 mo ago | 1,177 | 1979 | — | — | 4 patents Provides water treatment, drilling fluid, and separation technologies for industrial environmental services | — |
| 4 | Ceiba Energy Services Provider of waste management services | $250M | 77 mo ago | 155 | 2011 | — | — | — | — |
| 5 | CheckSammy Provider of waste recycling services 53Tech top 23%Talent top 38%Funding top 39%Market top 46% All 9 signals ▾Techtop 23% Talenttop 38% Fundingtop 39% Markettop 46% Producttop 46% Newsbottom 43% Globalbottom 37% Growthbottom 35% Customersbottom 1% Tech: 62 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 53/100 | $60M | 28 mo ago | 140 | 2018 | Paul Botelho CTO & Co-Founder | — | — | — |
| 6 | Newalta Waste management services provider to oil & gas production comapnies | $54M | 121 mo ago | 679 | 1993 | John Barkhouse CEO & President | — | 2 patents Oilfield drill cuttings recycling into construction and soil amendment materials | — |
| 7 | Anaergia Provider of organic waste into renewable fuel services 74Product top 14%Partners top 25%Talent top 28%Patents top 31% All 12 signals ▾Producttop 14% Partnerstop 25% Talenttop 28% Patentstop 31% Newstop 34% Growthtop 35% Techtop 35% Fundingtop 36% Innovationtop 38% Moattop 44% Marketbottom 49% Globalbottom 47% Product: 12 distinct product lines · Company stage: Public Partners: 1 partnership announcement in 12 mo (1 in 24 mo) · 22 contract events in 12 mo rank vs industry peers · Fliar Intelligence Index 74/100 | $46M | 23 mo ago | 91 91 → 226 (+148%) | 1982 | Brett Hodson CEO | 34 signals Contracts · Earnings · IPO | 252 patents Anaerobic digestion and waste-to-energy technologies for organics recovery and biochar production | 4 job openings |
| 8 | Fibracast Provider of water management services 72Innovation top 22%Patents top 22%Funding top 23%Moat top 45% All 8 signals ▾Innovationtop 22% Patentstop 22% Fundingtop 23% Moattop 45% Talentbottom 48% Marketbottom 47% Newsbottom 45% Globalbottom 37% Innovation: 68 patents (top 14% of patent-holders) · 29 filings since 2022 vs 23 in 2017-21 Patents: 68 patents matched (strict assignee match) · 29 filings since 2022 vs 23 in 2017-21 rank vs industry peers · Fliar Intelligence Index 72/100 | $45M | 15 mo ago | 69 | 2010 | Steve Watzeck CEO and Board Member | — | 68 patents Immersed membrane bioreactor filtration and fine‑bubble aeration for wastewater treatment | 1 job opening |
| 9 | Rubellite Energy Provider of clearwater oil exploration and development services | $37M | 39 mo ago | — | 2021 | Susan Rose CEO | 3 signals ▼83% Earnings | — | — |
| 10 | Nexterra Systems Provider of waste gasification system services | $35M | 180 mo ago | 31 | 2003 | — | — | 17 patents Biomass-to-syngas conversion with clean gas production and temperature control | — |
| 11 | BQE Water Provider of water management & treatment services | $33M | 196 mo ago | 47 | 1997 | — | 5 signals ▼62% Earnings · Contracts | — | — |
| 12 | Polystyvert Provider of technology solution to recycle polystyrene 42Innovation top 18%Patents top 22%Funding top 30%Moat top 45% All 10 signals ▾Innovationtop 18% Patentstop 22% Fundingtop 30% Moattop 45% Talentbottom 49% Globalbottom 45% Growthbottom 42% Techbottom 37% Marketbottom 29% Newsbottom 18% Innovation: 82 patents (top 7% of patent-holders) · 46 filings since 2022 vs 32 in 2017-21 Patents: 82 patents matched (strict assignee match) · 46 filings since 2022 vs 32 in 2017-21 rank vs industry peers · Fliar Intelligence Index 42/100 | $30M | 23 mo ago | 22 | 2011 | Nathalie Morin Chief Executive Officer/Présidente | — | 82 patents Recovering flame retardants and brominated additives from polystyrene waste streams | — |
| 13 | FilterBoxx Wastewater treatment systems to the Canadian upstream industry | $24M | 144 mo ago | 57 | 2001 | — | — | — | — |
| 14 | CarboNet Provider of water treatment services 40Funding top 41%Talent top 45%Tech top 50%Market bottom 37% All 5 signals ▾Fundingtop 41% Talenttop 45% Techtop 50% Marketbottom 37% Globalbottom 33% Funding: Raised $21.9M across 4 rounds · 4 rounds over 7 yrs (0.6/yr) Talent: 2 named leaders on record rank vs industry peers · Fliar Intelligence Index 40/100 | $22M | 18 mo ago | 33 | 2016 | Amielle L Co-Founder & CCO | — | — | — |
| 15 | EnviroGold Global Provider of metal recycling services 40Funding top 25%Growth top 30%Product top 35%News top 36% All 9 signals ▾Fundingtop 25% Growthtop 30% Producttop 35% Newstop 36% Talenttop 46% Techtop 50% Marketbottom 31% Globalbottom 25% Innovationbottom 24% Funding: Raised $17.5M across 7 rounds · 7 rounds over 4 yrs (1.8/yr) Growth: Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 40/100 | $17M | 9 mo ago | 21 | 2019 | Mark Thorpe CEO | 32 signals ▲45% Announcements · Leadership · Regulatory | — | 1 partnership · 1 expansion |
| 16 | Greyter Provider of rainwater harvesting services | $13M | 40 mo ago | 16 | 2012 | Chris Thompson Co-Founder and Chief Technology Officer | — | — | — |
| 17 | Evanesce Manufacturer of compostable plant-based food serviceware and single-use products 16Funding top 35%Talent bottom 49%Tech bottom 44%Global bottom 32% All 6 signals ▾Fundingtop 35% Talentbottom 49% Techbottom 44% Globalbottom 32% Marketbottom 22% Newsbottom 18% Funding: Raised $12.1M across 3 rounds · 3 rounds over 5 yrs (0.6/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 16/100 | $12M | 16 mo ago | 15 15 → 30 (+100%) | 2016 | Douglas Horne CEO & President | — | — | — |
| 18 | Alter NRG Waste to Energy technology developer | $11M | 160 mo ago | 20 | 2007 | Walter Howard CEO | — | 69 patents Plasma waste‑to‑energy conversion and high‑pressure self‑cleaning fluid handling systems. | — |
| 19 | Calgary Aggregate Recycling Provider of recycling services | $8M | 55 mo ago | — | 1993 | John Dorchak Owner | — | — | 1 expansion |
| 20 | Groupe Prime Drink Provider of water management services 55Funding top 27%Talent bottom 49%Global bottom 25% All 3 signals ▾Fundingtop 27% Talentbottom 49% Globalbottom 25% Funding: Raised $7.6M across 8 rounds · 8 rounds over 2 yrs (4.0/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 55/100 | $8M | 2 mo ago | — | 2015 | Alexandre Cote CEO | — | — | — |
| 21 | Questor Tech Manufacture of waste heat to power generation systems 53Funding top 29%Tech top 31%Growth top 47%News bottom 49% All 8 signals ▾Fundingtop 29% Techtop 31% Growthtop 47% Newsbottom 49% Talentbottom 49% Marketbottom 36% Partnersbottom 35% Globalbottom 29% Funding: Raised $6.4M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) Tech: 29 technologies across 6/8 capability areas · Cloud: Cloudflare, Google Cloud rank vs industry peers · Fliar Intelligence Index 53/100 | $6M | 1 mo ago | 27 | 1995 | Audrey Mascarenhas President and CEO | 5 signals ▼38% Earnings · Contracts | — | — |
| 22 | White Owl Provider of oilfield wastewater treatment and disposal services | $6M | 96 mo ago | 10 | 2013 | — | — | — | — |
| 23 | Flexible Solutions Provider of water treatment services | $6M | 229 mo ago | — | 1989 | Daniel Bryan O Brien Founder & CEO | 15 signals ▲36% Earnings · Announcements · Acquisition | — | — |
| 24 | 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 | — | 2010 | Ross Orr President and CEO | 3 signals ▼62% Leadership | 2 patents Biotechnological production of liquid ferric sulfate via microbial processes | — |
| 25 | eCycle Solutions Provider of electronics and electrical equipment recycling services | $6M | 200 mo ago | 250 | 2004 | — | — | — | — |
| 26 | Yava Technologies Provider of industrial wastes and mined concentrates management services | $5M | 137 mo ago | 9 | 1990 | Robert Pepper CEO | — | 41 patents Selective leaching and recovery of zinc and other transition metals from complex ores | — |
| 27 | Greenlane Renewables Firm is engaged in renewable energy and waste management industry | $4M | 66 mo ago | 121 | 1986 | Brad Douville CEO | 4 signals ▼76% Contracts · Announcements · Earnings | — | — |
| 28 | Current Water Technologies Provider of water recycling and technology services 50Innovation top 36%Patents top 36%Funding top 48%Moat bottom 49% All 8 signals ▾Innovationtop 36% Patentstop 36% Fundingtop 48% Moatbottom 49% Talentbottom 49% Growthbottom 42% Globalbottom 33% Newsbottom 24% Innovation: 9 patents (top 54% of patent-holders) · 9 filings since 2022 vs 0 in 2017-21 Patents: 9 patents matched (strict assignee match) · 9 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 50/100 | $4M | 12 mo ago | — | 1989 | Gene Shelp President and Chief Executive Officer | — | 9 patents Electrochemical ammonia removal from wastewater and seawater with low-power hydrogen generation | 1 job opening |
| 29 | minus Provider of waste management services | $4M | 51 mo ago | 6 | 2017 | Louis Anagnostakos CEO | — | — | — |
| 30 | NEXE Provider of water management services | $4M | 64 mo ago | 19 | 2014 | — | 16 signals ▼63% Announcements · Contracts · Earnings | — | — |
| 31 | BioMaxx Wastewater Solutions Provider of wastewater treatment services | $3M | 184 mo ago | 39 | 2010 | Robert Perlitz Founder | — | — | — |
| 32 | Sustane's technology Provider of biofuel pellets recycling services from waste | $3M | 106 mo ago | 9 | 2014 | — | — | — | 1 job opening |
| 33 | E2metrix Provider of wastewater treatment services | $2M | 69 mo ago | 11 | 2010 | Mohamed Laaroussi Founder & CEO | — | 48 patents Electrochemical reactors and electrodes for water treatment and nutrient recovery | 1 partnership |
| 34 | Bioform Provider of alternatives to single-use plastics and climate-friendly materials through low-energy hydrogel… 11Talent top 28%Funding bottom 41%Global bottom 36%Tech bottom 35% All 5 signals ▾Talenttop 28% Fundingbottom 41% Globalbottom 36% Techbottom 35% Marketbottom 16% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Funding: Raised $2.4M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 11/100 | $2M | 25 mo ago | — | 2019 | Mark Martinez Co-Founder | — | — | — |
| 35 | Obeo Biogas Provider of organic waste based energy processing services | $2M | 37 mo ago | 5 | 2022 | Jean Meloche Co-Founder & CFO | — | — | — |
| 36 | Hyperion Global Energy Provider of modular carbon capture & recycling services | $2M | 61 mo ago | 3 | 2016 | — | — | — | — |
| 37 | Xogen Provider of wastewater technology services | $2M | 168 mo ago | 5 | 2005 | — | — | 40 patents Wastewater treatment using oxyhydrogen generation and ammonia oxidation technologies. | — |
| 38 | Oxford Pallet Provider of waste recycling services | $2M | 67 mo ago | — | 1999 | Henk Vrugeteveen Owner | — | — | — |
| 39 | Bosk Bioproducts Producer of PHA for industrial carbon sources | $2M | 28 mo ago | — | 2015 | Paul Boudreault CEO | — | — | — |
| 40 | BioAlert Solutions Provider of water monitoring device | $2M | 78 mo ago | 14 | 2014 | Dominic Carrier Co-Founder | — | — | — |
| 41 | Thetis Environmental Provider of wastewater treatment system | $2M | 63 mo ago | — | 2014 | John Tomescu CEO | — | 2 patents Advanced membrane filtration modules for water treatment and closed-loop filtration systems. | — |
| 42 | Lystek Provider of biosolids and organic waste management solutions | $1M | 102 mo ago | — | 2000 | — | — | 6 patents Advanced sewage sludge processing for biomass removal, viscosity reduction, and fertilizer production. | 1 expansion |
| 43 | Ecolomondo Provider of hydrocarbon waste recycling services 45Product top 14%Innovation top 20%News top 35%Growth top 42% All 10 signals ▾Producttop 14% Innovationtop 20% Newstop 35% Growthtop 42% Fundingbottom 49% Talentbottom 49% Partnersbottom 35% Marketbottom 32% Globalbottom 25% Techbottom 20% Product: 9 distinct product lines · Company stage: Public Innovation: 9 product lines rank vs industry peers · Fliar Intelligence Index 45/100 | $1M | 11 mo ago | 11 | 2007 | Eliot Sorella Chairman & CEO | 6 signals ▲50% Announcements · Contracts | — | — |
| 44 | Plascon Plastics Provider of plastic waste recycling services | $1M | 26 mo ago | — | 2006 | Clark Chow CEO | — | 6 patents Lightweight lattice structures for reinforced concrete and buoyant ballast applications. | — |
| 45 | PurLucid Provider of wastewater treatment services | $1M | 101 mo ago | — | 2014 | Preston McEachern Co-Founder & CEO | — | — | — |
| 46 | Pantree Provider of online B2B platform offering groceries and office supplies | $752K | 76 mo ago | 18 | 2015 | Evan Birmann Co-Founder | — | — | — |
| 47 | Earthworks Provider of waste recycling services 45Funding top 48%Growth top 48%Talent bottom 49%News bottom 41% All 5 signals ▾Fundingtop 48% Growthtop 48% Talentbottom 49% Newsbottom 41% Globalbottom 25% Funding: Raised $545k across 2 rounds · 2 rounds over 2 yrs (1.0/yr) Growth: 2 acquisition/expansion moves in 24 mo · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 45/100 | $545K | 12 mo ago | — | 1993 | David Atkinson CEO | 5 signals ▼58% Regulatory · Acquisition · Lawsuit | — | — |
| 48 | Magnaengineering Provider of civil engineering and water management solutions | $350K | 15 mo ago | 26 | 2016 | — | — | — | 1 job opening · 1 expansion |
| 49 | Reusables Provider of waste packaging recycling services | $100K | 13 mo ago | 9 | 2020 | — | — | — | — |
Top 12 Waste & Water Management companies in Canada
#1
Public · Montreal, Quebec · founded 2015$7.6Mraised▾
Public · Montreal, Quebec · founded 2015
Provider of water management services
Fliar Intelligence Index™ 55how this company ranks against its industry peers
Funding
top 27%Talent
bottom 49%Global
bottom 25%Funding: Raised $7.6M across 8 rounds · 8 rounds over 2 yrs (4.0/yr) · Last round Post IPO (Apr 2026)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Global: Single-market focus (Canada)
Funding rounds
- Apr 2026Post IPO$2.9M
- Dec 2025Post IPO$328.7K
- Jul 2025Post IPO$620.1K
- Mar 2025Post IPO$1.3M
Founders & team
#2
Public · Calgary, Alberta · founded 1995 · 27 employees$6.4Mraised▾
Public · Calgary, Alberta · founded 1995 · 27 employees
Manufacture of waste heat to power generation systems
Fliar Intelligence Index™ 53how this company ranks against its industry peers
Funding
top 29%Tech
top 31%Growth
top 47%News
bottom 49%Talent
bottom 49%Market
bottom 36%Funding: Raised $6.4M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) · Last round Grant (prize money) (Apr 2026)
Tech: 29 technologies across 6/8 capability areas · Cloud: Cloudflare, Google Cloud · Devops: Envoy
Growth: Fresh capital in last 24 mo
Audience (LinkedIn): 3k LinkedIn followers
Funding rounds
- Apr 2026Grant (prize money)$1.9M
- Aug 2021Grant (prize money)$4.5M
Founders & team
Investors
Sustainable Development Technology Canada, National Research Council Canada, Sixty4 Ventures
Tech stack
CloudflareCloudflare Bot ManagementHstsLovableOpen GraphRadix Ui
#3
Public · Toronto, Ontario · founded 2019 · 21 employees$17.5Mraised▾
Public · Toronto, Ontario · founded 2019 · 21 employees
Provider of metal recycling services
Fliar Intelligence Index™ 40how this company ranks against its industry peers
Funding
top 25%Growth
top 30%Product
top 35%News
top 36%Talent
top 46%Tech
top 50%Funding: Raised $17.5M across 7 rounds · 7 rounds over 4 yrs (1.8/yr) · Last round Post IPO (Sep 2025)
Growth: Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo
Product: 0 product launch events in 12 mo, 1 the year before · Company stage: Public
Audience (LinkedIn): 9k LinkedIn followers — 2.7% of this cohort's audience
Activity (LinkedIn): 1 partnerships · 1 expansions (incl. Transamine SA) announced in 12 mo
Funding rounds
- Sep 2025Post IPO$5.4M
- Feb 2025Post IPO$4M
- Oct 2024Post IPO$636.4K
- Jul 2024Post IPO$392.1K
Founders & team
Tech stack
All In One SeoCloudflareCloudflare Browser InsightsDiviGoogle AnalyticsGoogle Font Api
#4
Series C · Hamilton, Ontario · founded 2010 · 69 employees$44.6Mraised▾
Series C · Hamilton, Ontario · founded 2010 · 69 employees
Provider of water management services
Fliar Intelligence Index™ 72how this company ranks against its industry peers
Innovation
top 22%Patents
top 22%Funding
top 23%Moat
top 45%Talent
bottom 48%Market
bottom 47%Innovation: 68 patents (top 14% of patent-holders) · 29 filings since 2022 vs 23 in 2017-21
Patents: 68 patents matched (strict assignee match) · 29 filings since 2022 vs 23 in 2017-21 · Latest publication 2026
Funding: Raised $44.6M across 3 rounds · 3 rounds over 3 yrs (1.0/yr) · Last round Series C (Mar 2025)
Audience (LinkedIn): 6k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Senior Proposal Engineer
Funding rounds
- Mar 2025Series C$3.9M
- Jan 2025Series C$120.8K
- Oct 2023Series C$44.6M
Founders & team
Investors
Cycle Capital, Export Development Canada, Sustainable Development Technology Canada
#5
Acquired · London, Ontario · founded 2006 · 50 employees$372.1Mraised▾
Acquired · London, Ontario · founded 2006 · 50 employees
Provider of organic waste, energy, and water recycling services
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Innovation
top 20%Product
top 26%Funding
top 34%Growth
top 42%Tech
top 46%Moat
top 48%Innovation: 5 product lines
Product: 5 distinct product lines · Company stage: Acquired
Funding: Raised $372M across 2 rounds · 2 rounds over 18 yrs (0.1/yr) · Last round PE (Mar 2024)
Audience (LinkedIn): 9k LinkedIn followers — 2.9% of this cohort's audience
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Director, Health & Safety, Directeur/Directrice, Santé et Sécurité
Activity (LinkedIn): 1 partnerships announced in 12 mo
Funding rounds
- Mar 2024PE$22.1M
- Feb 2008PE$350M
Investors
Denham Capital, ARC Financial, MaRS Discovery District, Berq Capital, Unreasonable
Tech stack
Cart FunctionalityChart.JsCloudflareCloudflare Bot ManagementCloudflare Browser InsightsCloudflare Rocket Loader
#6
Public · Toronto, Ontario · founded 2010$5.8Mraised▾
Public · Toronto, Ontario · founded 2010
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.
Fliar Intelligence Index™ 32how this company ranks against its industry peers
Tech
top 26%Product
top 32%Funding
top 43%Talent
top 46%Moat
bottom 48%Growth
bottom 47%Tech: 45 technologies across 5/8 capability areas · Cloud: Amazon S3, Amazon Web Services · Observability: Microsoft Clarity
Product: 0 product launch events in 12 mo · 3 distinct product lines · Company stage: Public
Funding: Raised $5.8M across 17 rounds · 17 rounds over 10 yrs (1.7/yr) · Last round Post IPO (May 2025)
Audience (LinkedIn): 1k LinkedIn followers
Funding rounds
- May 2025Post IPO$913.1K
- Apr 2025Post IPO$1.3M
- Mar 2025Post IPO$225.9K
- Mar 2025Post IPO$230.4K
Founders & team
Investors
Ontario Centre of Innovation
Tech stack
Amazon S3Amazon Web ServicesAngularApache Http ServerBootstrapCart Functionality
#7
Series A · Vancouver, British Columbia · founded 2016 · 33 employees$21.9Mraised▾
Series A · Vancouver, British Columbia · founded 2016 · 33 employees
Provider of water treatment solutions intended to efficiently remove a broad spectrum of contaminants from water. The company helps in capturing suspended solids, dissolved hydrocarbons, oil slicks and heavy metals from water and conveniently bundles the contaminates into an easy-to-remove gel, enabling clients to purify contaminated water using the nanotechnology process.
Fliar Intelligence Index™ 40how this company ranks against its industry peers
Funding
top 41%Talent
top 45%Tech
top 50%Market
bottom 37%Global
bottom 33%Funding: Raised $21.9M across 4 rounds · 4 rounds over 7 yrs (0.6/yr) · Last round Series A (Nov 2024)
Talent: 2 named leaders on record
Tech: 16 technologies across 5/8 capability areas · Cloud: Cloudflare · Observability: Microsoft Clarity
Funding rounds
- Nov 2024Series A$8.8M
- Mar 2024Seed$1.7M
- Feb 2022Seed$6M
- Dec 2019Seed$5.5M
Founders & team
Investors
Pacific Hi-Tech Investment, Monashee Capital Corp
Tech stack
CloudflareCloudflare Bot ManagementGoogle AnalyticsGoogle Tag ManagerHotjarHsts
#8
Public · Burlington, Ontario · founded 1982 · 91 employees$45.8Mraised▾
Public · Burlington, Ontario · founded 1982 · 91 employees
Provider of organic waste into renewable fuel services
Fliar Intelligence Index™ 74how this company ranks against its industry peers
Product
top 14%Partners
top 25%Talent
top 28%Patents
top 31%News
top 34%Growth
top 35%Product: 12 distinct product lines · Company stage: Public
Partners: 1 partnership announcement in 12 mo (1 in 24 mo) · 22 contract events in 12 mo · Named contractor/client in 22 deals
Talent: 4 named leaders on record · 3 C-suite/founder profiles curated
Audience (LinkedIn): 24k LinkedIn followers — 7.3% of this cohort's audience
Hiring (LinkedIn): 4 hiring posts in 12 mo (public) · momentum +4 · hiring: Research & Development Engineer I, Manager, Commercial Operations EMEA
Funding rounds
- Jul 2024Post IPO$10.8M
- Jan 2024Post IPO$30.7M
- Oct 2013PE$45.8M
Founders & team
Investors
Marny, Macquarie, Tandem Expansion Fund, Global H2O Investments, Sustainable Development Technology Canada
Tech stack
AkismetApple Icloud MailBootstrapBugherdCdnjsCloudflare
#9
Public · Guelph, Ontario · founded 1989$4.1Mraised▾
Public · Guelph, Ontario · founded 1989
Provider of water recycling and technology services
Fliar Intelligence Index™ 50how this company ranks against its industry peers
Innovation
top 36%Patents
top 36%Funding
top 48%Moat
bottom 49%Talent
bottom 49%Growth
bottom 42%Innovation: 9 patents (top 54% of patent-holders) · 9 filings since 2022 vs 0 in 2017-21
Patents: 9 patents matched (strict assignee match) · 9 filings since 2022 vs 0 in 2017-21 · Latest publication 2025
Funding: Raised $4.1M across 7 rounds · 7 rounds over 8 yrs (0.9/yr) · Last round Post IPO (May 2025)
Audience (LinkedIn): 2k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Electrochemist
Funding rounds
- May 2025Post IPO$160.1K
- Feb 2025Post IPO$223.3K
- Feb 2022Post IPO—
- Feb 2021Post IPO$1.6M
Founders & team
Investors
High-Eng
#10
Series B · Vancouver, British Columbia · founded 2016 · 15 employees$12.1Mraised▾
Series B · Vancouver, British Columbia · founded 2016 · 15 employees
Manufacturer of compostable plant-based food serviceware and single-use products. The company utilizes upcycled plant materials to create alternatives to single-use plastics and polystyrene. It offers products such as molded starch trays, compostable straws, cutlery, and cups. The company's technology aims to provide cost-competitive and sustainable solutions for the foodservice industry.
Fliar Intelligence Index™ 16how this company ranks against its industry peers
Funding
top 35%Talent
bottom 49%Tech
bottom 44%Global
bottom 32%Market
bottom 22%News
bottom 18%Funding: Raised $12.1M across 3 rounds · 3 rounds over 5 yrs (0.6/yr) · Last round Series B (Jan 2025)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Tech: 29 technologies across 2/8 capability areas · Security: Recaptcha
Audience (LinkedIn): 3k LinkedIn followers
Funding rounds
- Jan 2025Series B$242K
- Dec 2024Series B$1.7M
- Nov 2021Series B$8.1M
- Feb 2021Series A—
Founders & team
Investors
Pyfera Growth Capital, Canaccord Genuity Group, Research Capital, PI Financial
#11
Series B · Montreal, Montreal · founded 2011 · 22 employees$30.4Mraised▾
Series B · Montreal, Montreal · founded 2011 · 22 employees
Provider of technology solution to recycle polystyrene
Fliar Intelligence Index™ 42how this company ranks against its industry peers
Innovation
top 18%Patents
top 22%Funding
top 30%Moat
top 45%Talent
bottom 49%Global
bottom 45%Innovation: 82 patents (top 7% of patent-holders) · 46 filings since 2022 vs 32 in 2017-21
Patents: 82 patents matched (strict assignee match) · 46 filings since 2022 vs 32 in 2017-21 · Latest publication 2026
Funding: Raised $30.4M across 9 rounds · 9 rounds over 13 yrs (0.7/yr) · Last round Series B (Jul 2024)
Funding rounds
- Jul 2024Series B$16M
- Dec 2021Grant (prize money)$3.5M
- Jun 2021Series B—
- Jun 2018Series B$8.5M
Founders & team
Investors
Sustainable Development Technology Canada, National Research Council Canada, BEWI, Anges Quebec, Cycle Capital, AQC Capital
#12
Public · Montreal, Quebec · founded 2007 · 11 employees$1.4Mraised▾
Public · Montreal, Quebec · founded 2007 · 11 employees
Provider of hydrocarbon waste recycling services
Fliar Intelligence Index™ 45how this company ranks against its industry peers
Product
top 14%Innovation
top 20%News
top 35%Growth
top 42%Funding
bottom 49%Talent
bottom 49%Product: 9 distinct product lines · Company stage: Public
Innovation: 9 product lines
News: 6 BI events in 12 mo (of 39 tracked, 8 types) · +50% YoY · 1 high-value events (IPO/M&A/funding/contracts) in 12 mo
Audience (LinkedIn): 1k LinkedIn followers
Funding rounds
- Jun 2025Post IPO$363.9K
- Jan 2024Post IPO$1M
- Jan 2023Post IPO—
Founders & team
Investors
3212521 Canada
Tech stack
Apache Http ServerBootstrapCookie NoticeIsotopeJqueryLazysizes
Funding & investor landscape
$2.3Btotal disclosed funding
62companies funded
150disclosed rounds
2rounds last 90 days
Most active investors
Notable founders
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Prism market signals · Canada · country-scoped Prism corpus, 8,317,862 docs
Market landscape — 10 sub-themes by coverage
Share of Waste & Water Management coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · Canada
How research on Water Treatment is moving in Canada
A read on the academic research around Water Treatment — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 816 Canada-affiliated papers.
research sentiment over time
200820172026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 21% → 48% across 2008–2026.
top research entities
- University of Alberta68
- University of British Columbia60
- University of Waterloo57
- Polytechnique Montréal53
- University of Toronto46
leading researchers
Benoît Barbeau · Madjid Mohseni · Peter M. Huck · Sigrid Peldszus · Graham A. Gagnon · Robert C. Andrews · Mathieu Lapointe · Nathalie Tufenkji
▲
Breakthroughs108 · 13%
▲ 4%→21% share
▲5.2× share momentum0 median citations82% since 2021mostly methods-led
Photocatalysis and Degradation research newly emerged, with Membrane breakthroughs rising from 1 to 11 papers, signalling intensifying advanced-treatment innovation.
rising sub-themes (early→recent)
- Adsorption2→18
- Membrane1→11
- Wastewater1→10
- Environmental chemistry2→8
- Turbidity1→5
Newly emergingDegradation (telecommunications) 0→10 · Photocatalysis 0→10 · Catalysis 0→7
Landmark Assessing the Performance of Biological Filtration As Pretreatment to Low Pressure Membranes for Drinking Water · 175 cites
◆
Advancements403 · 49%
48%→48% share
▲1.0× share momentum4 median citations51% since 2021mostly empirical
Adsorption advancements tripled from 12 to 44 papers, dominating the stable 48% advancement share across Canadian water treatment research.
rising sub-themes (early→recent)
- Adsorption12→44
- Wastewater12→29
- Biofilm1→13
- Membrane12→23
- Contamination4→15
Newly emergingBiochar 0→6
Landmark Understanding and Improving Microplastic Removal during Water Treatment: Impact of Coagulation and Flocculation · 429 cites
▼
Concerns215 · 26%
▼ 35%→23% share
▼0.7× share momentum7 median citations46% since 2021mostly empirical
Microplastics concern papers rose from 1 to 7 as overall concern field-share cooled from 35% to 23%, suggesting shifting risk priorities.
rising sub-themes (early→recent)
- Water quality20→28
- Microplastics1→7
- Degradation (telecommunications)3→9
- Pollutant3→8
- Sewage treatment4→9
Newly emergingAdsorption 0→6 · Photocatalysis 0→6
Landmark Drinking Water Disinfection Byproducts (DBPs) and Human Health Effects: Multidisciplinary Challenges and Opportunities · 936 cites
RESEARCH HOTSPOTS · Canada
Where water treatment 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.
Edmonton/Calgary98 · +0.37
Montreal82 · +0.30
Waterloo/Hamilton67 · +0.43
Vancouver60 · +0.39
Toronto57 · +0.18
Ottawa/Kingston38 · +0.29
PATENT SIGNAL · Canada
Who's filing water treatment patents in Canada
Canada water treatment patent filing is accelerating — 457 filings from 435 assignees (2016–2025), led by Axine Water TECH, Ovivo, Bionest TECH; annual filings 36→37.
457 filings435 assigneespeak 59/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- Axine Water TECH80
- Ovivo26
- Bionest TECH24
- UNIV British Columbia15
- Newterra15
- Island Water TECH14
- UNIV Western Ontario13
- Trojan TECH Group ULC12
Common questions
How many Waste & Water Management companies are there in Canada?
Radar tracks 460 indexable Waste & Water Management companies headquartered in Canada that meet our profile-completeness bar.
What is the total funding raised by Waste & Water Management companies in Canada?
The Waste & Water Management companies in Canada on this list have raised a combined $2.3B in disclosed equity funding across 62 funded companies.
Which is the highest-funded Waste & Water Management company in Canada?
gfl environmental is the highest-funded Waste & Water Management company in Canada, with $785.8M in disclosed equity funding.
How many Waste & Water Management companies in Canada are funded?
62 of the 460 Waste & Water Management companies in Canada on this list have disclosed at least one equity funding round.
How many Waste & Water Management unicorns are there in Canada?
None of the Waste & Water Management companies in Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Canada Waste & Water Management companies?
The most active investors in Canada Waste & Water Management companies on this list include Sustainable Development Technology Canada, Foresight, Canadian Space Agency, Cycle Momentum, National Research Council Canada.
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.