Top 12 Green Energy startups in Toronto

Jul 06, 2024 | By Alexander Gillet

1
Funding: $322M
Hydrostor is a developer of Advanced Compressed Air Energy Storage (A-CAES), a long-duration, emission-free, cost-effective energy storage.
2
Funding: $149.4M
Ecobee is a provider of Wi-Fi enabled smart thermostats comes with Amazon's Alexa voice assistant built in for residential and commercial applications.
3
Funding: $96.8M
Anaergia converts the biogenic portion of organic waste into renewable natural gas for distribution in municipal power grids or for fleet vehicle fuel. Its proprietary technologies are being used in more than 1,600 renewable-energy projects around the world for municipal, industrial, commercial and agricultural markets.
4
Funding: $73.2M
e-Zinc is an electrochemical technology developer of energy storage solutions.
5
Funding: $65M
Peak Power provides energy management solutions for commercial real estate and industrial companies.
6
Funding: $53.1M
Morgan Solar develops concentrated photovoltaic module, which features the industry’s most advanced optical designs and is up to 15% more efficient than conventional solar panels, and two-axis tracker, which offers significantly higher ROI compared to conventional fixed-track systems because it can be set up and serviced manually rather than having to use cranes and heavy machinery.
7
Funding: $36.7M
TransPod Inc. is a company dedicated to bringing the Hyperloop to reality.
8
Funding: $35.4M
ChargeLab is the Android of EV charging. Our hardware-agnostic software runs on the world’s most popular EV chargers.
9
Funding: $33.4M
Woodland Biofuels develops technology ti produce cellulosic ethanol from waste biomass, such as wood chips and agricultural waste.
10
Funding: $5M
Madison Metals is committed to innovation and sustainability, forging the future of uranium production while meeting global climate action initiative standards.
11
Funding: $3.3M
QEA Tech is a software company that combines AI, drone technology, and thermal imaging to provide insights into the building envelope.
12
FusionOne diverts plastic waste from landfill to convert it to Hydrogen and Electricity
Editor: Alexander Gillet
Alexander Gillet is a senior editor for EnergyStartups. He has a deep background in energy sector and startups. Alexander graduated from Emlyon Business School, a leading French business school specialized in entrepreneurship. He has helped several non-profit organizations dedicated to promoting environmental education and sustainability and has written over 250 articles on energy technology for various websites. In his free time, Alexander enjoys yoga, camping and exploring the Blue Ridge Mountains. You can contact Alexander at alexgillet(at)energystartups(dot)com