Active Impact Investments↗
Vancouver, BCSeed stage climate tech VC in clean energy & transportation, infrastructure & carbon solutions, sustainable food & water, circular economy.
Canada has 73 active venture capital funds investing in cleantech and energy companies. These investors operate across the full funding spectrum, from seed-stage checks to growth capital, with check sizes ranging from under $1 million at early-stage funds to $2 million to $10 million for capital-intensive climate tech. Major institutional players like BDC's Cleantech Practice and Climate Tech Fund II alone represent $1 billion in committed capital focused on companies building direct emissions reduction technologies.
The investor base includes early-stage generalists like Active Impact Investments and Altitude Angels alongside specialized climate VCs like ArcTern Ventures (Fund III at $450 million CAD) and impact-focused funds such as Amplify Capital. These funds target distinct subsectors within cleantech: carbon capture and direct air removal, electrification, renewable energy, sustainable transportation, circular economy solutions, and clean water technologies. Geographic concentration is strongest in Toronto, Vancouver, and Montreal, though Alberta Enterprise Corporation demonstrates meaningful provincial commitment through its $415 million allocation to 39 VC funds.
For founders raising capital, this list helps identify which investors focus on your stage and sector, from pre-seed through Series B and growth rounds.
Seed stage climate tech VC in clean energy & transportation, infrastructure & carbon solutions, sustainable food & water, circular economy.
Government of Alberta agency promoting knowledge-based industries and VC in Alberta. Committed $415M to 39 VC funds.
Altitude Angels brings together high-net-worth individuals who support high-potential technology founders by providing capital, mentorship, and network access. The group curates early-stage investment
Enterprise AI solutions driving enterprise productivity, resilience, and sustainability.
Early-stage impact venture fund focused on transformational technology in Climate and Health solutions.
Toronto-based $35MM venture capital fund founded in 2022 investing in early-stage startups across AI, fintech, SaaS, healthcare, and cleantech across North America and internationally.
Toronto-based VC investing globally in breakthrough clean technology growth companies addressing climate change. Fund III closed at $450M CAD. Selected by Canada VCCI cleantech stream.
A $600M BDC fund following a federal budget commitment. Flexible, multistage and patient capital approach for cleantech entrepreneurs. Portfolio of 50 companies. For every $1 BDC committed, $7.3 was r
A $400M BDC fund focused on capital-intensive, asset-heavy climate tech companies. Typical deals range $2M-$10M. Targets companies building technologies with direct material GHG emission reduction pot
BDC's debt financing arm providing loans to Canadian businesses across all stages. Over $9.7B in annual loan acceptances across 123+ business centres serving 60,000+ clients. Products include tech com
A $150M BDC fund investing in early-stage businesses developing software and asset-light technologies for a net-zero economy, aligned with UN SDGs. Equity investments up to $15M per company across app
One of the world's largest alternative asset managers headquartered in Toronto. Invests in technology-enabled growth companies through Brookfield Growth and Technology Growth Partners.
Provides capital to entrepreneurs to fund growth and expansion of mid-market businesses.
The largest network of early stage investors in Ottawa, Gatineau, and Kanata. A leading Canadian angel group focused on lifting the region's entrepreneurial potential and facilitating access to qualit
Experienced industrial sustainability investor with 20+ years in energy and industrial innovation. Fifth fund invests in early-stage technologies for carbon neutrality.
Founded in 1987, top-performing private equity management firm with over C$4B in AUM, focused on owner-led growth-oriented businesses with a collaborative, minority-friendly approach.
Companies with proven, deployment-ready climate technologies with near-term profitability.
Founded in 1999, specializes in infrastructure private equity and private debt. Manages approximately $3.4B in assets.
Leading private ClimateTech VC platform investing across North America, Europe and Asia in companies enabling net-zero transition, reducing GHG emissions, and optimizing resources.
Invest in early-stage B2B enterprise software companies with clear product-market fit and strong Canadian angle.
Private equity arm of Desjardins Group (Canada's largest cooperative financial group) since 1974. Provides venture and growth capital to Quebec businesses.
Venture studio and VC focused on launching transformative Fintech and ClimateTech companies.
Connects Canadian businesses of all sizes and maturities, across all industries, to non-dilutive capital through debt financing against tax credits.
Technologies for Industrial Transformation and climate impact reduction in traditional sectors.
Invests in early to growth-stage companies that offer products or services that dramatically improve the profitability of producing or consuming energy.
Invest in exceptional entrepreneurs with innovative climate technologies in energy, critical minerals, industrial optimization.
Crown corporation with over B in investment capital. Invests in Canadian VC/PE funds and co-invests directly in export-oriented companies via the Investment Matching Program (M-M, minority stakes up
Investment management firm specializing in infrastructure and real estate, a subsidiary of Fengate Corporation operating since 1974.
Quebec labour-sponsored fund focused on responsible and sustainable investing. Partners with Fonds FTQ, Investissement Québec, and BDC to support Quebec businesses with an emphasis on sustainability.
Quebec's largest labour-sponsored venture capital fund with $20B+ in net assets. Provides venture and development capital to thousands of Quebec businesses from startup to expansion.
Early-stage venture capital firm with 6 funds raised and 79 deals recorded, focused primarily in Ontario.
Mission to digitize and decarbonize the built environment. Focus on real estate productivity and sustainability.
Venture capital business focused exclusively on partnering with innovative, early-stage PropTech, BuildTech and CleanTech companies.
Largest non-bank venture debt lender globally with $10B+ portfolio. Active lender to Canadian tech and life sciences companies. Publicly traded (NYSE: HTGC). Provides venture debt from $5M-$200M+.
Non-bank venture lending company providing venture debt to VC-backed technology, life sciences, healthcare, and sustainability companies. Publicly traded (NASDAQ: HRZN). Active in the North American m
Nova Scotia's early-stage venture capital organization. Provincial crown corporation building Atlantic Canada's innovation ecosystem.
Grows an innovation ecosystem transforming markets and propelling technology companies toward market leadership.
Global deeptech and greentech companies reshaping legacy industries. Bridge between Canada and Asia-Pacific.
Independent alternative asset management firm (joint venture between Instar Group and AGF Management Limited), with 2 funds and 41 deals.
Nova Scotia's early-stage venture capital organization (Innovacorp), targeting information technology, clean technology and life sciences.
Quebec provincial government's investment arm fostering economic development. Offers loans, loan guarantees, and equity investments, frequently co-investing alongside private VCs.
Private equity firm focused exclusively on the Canadian lower middle-market in traditional industries including manufacturing, distribution, consumer products and services.
Early-stage venture capital fund based in PEI, with 1 fund raised and 26 deals recorded.
Invests in people, ideas, critical minerals, and strategic infrastructure necessary to accelerate the energy transition.
Energy, power, infrastructure, and technology. Energy Transition Fund II invests in tech benefiting from energy transition.
Bridges a critical gap in early-stage funding, catalyzing later-stage funding for promising technology companies across enterprise software, health tech, clean tech and deep tech.
Growth-stage companies accelerating energy transition across clean energy, transportation, built environment.
Canada's only early-stage fund dedicated to sustainable agricultural biotechnology.
Evergreen pre-seed and seed VC backed by $100M fund. Invests in 1 of every 6 tech companies in New Brunswick.
Early-stage cleantech startups enhancing performance in natural gas value chain. Industry-backed model.
Wealth planning and investing firm (family office) with active venture and private equity investments across Canada.
Pre-seed and seed-stage venture capital firm backing exceptional founders in the US and Canada.
Sustainability-focused private debt firm executing credit investments in growth-stage technology companies.
Employee-owned investment management firm focused on private equity investment in Western Canada and Saskatchewan; managing PE and VC funds since 1993.
Focused on investing in small and mid-cap oilfield service companies.
CVC and fund investment arm of RBC. Invest directly in Financial Services companies, opportunistic to other aligned sectors. $5-10MM typical.
Backer of Canada's most daring innovators and idea generators; RBC's technology growth banking and venture arm.
Climate technology startups improving sustainability and resilience of infrastructure, production and manufacturing.
Member of the Scotiabank Group; Canada's leading merchant bank specializing in innovative long-term capital and business solutions for mid-sized companies.
Early-stage venture investments at the intersection of innovation and integrity.
Founders of Canadian startups leading to a more sustainable, healthy, and equitable world.
Ground-breaking startups revolutionizing agrifood through technology-enabled solutions for climate, food security, sustainability.
Western Canadian focused agtech seed fund with 1 fund and 27 deals recorded.
Start-up foundry and seed fund in AI, Computer Vision, IoT, Advanced Sensors, sustainability, and Advanced Materials.
TD Bank's full-service innovation banking platform launched in 2024, providing venture debt, banking, and financing solutions for technology companies at all stages. Staffed by former SVB and RBCx lea
Strategic investment arm in AgTech, Digital HealthTech, Connected Consumer, and Enterprise Platforms & IoT.
Canada's largest innovation-focused fund-of-funds investor. Backed by CDPQ, Fondaction, and government programs, with over $2.5B committed to 5 specialized VC fund-of-funds.
One of Canada's leading private equity firms with experience in service, manufacturing and distribution sectors.
Next frontier of computing: domain specific deep AI platforms, physical AI, AI infrastructure, advanced computing hardware, smart energy.
Two themes: AI & Analytics and Disruptive HardTech. Target companies with sustainable technological advantages.
Venture capital and private equity manager of Golden Opportunities Fund Inc. and First Nations and Métis Fund (FNMF), with 7 funds and 179 deals.
Investment firm with a unique combination of water and investment expertise, focused on companies enabling efficient water use.
North America's Intelligent Industry through software, AI/ML, and IIoT. Digitalization, transformation, and sustainability.