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Oxygen8 Solutions Inc.

Founded 2019 · 134 employees on LinkedIn · 2 known investors

Oxygen8 develops ventilation systems and smart technology that deliver filtered fresh air for buildings, aiming to improve indoor comfort and energy efficiency. It works with local partners across North America to serve residential, workplace, and other building spaces.

Also known as Oxygen8

Investors · 2

Also in the syndicate · 1

Undisclosed strategic investors

Company profile

researched Aug 2026

Oxygen8 Solutions Inc. is a Canadian HVAC equipment design and manufacturing company that develops decentralized Dedicated Outdoor Air Systems (DOAS) and energy recovery ventilators (ERV/HRV) for commercial and residential buildings. Its systems deliver 100% fresh, filtered outdoor air directly into building zones at controlled temperature and humidity, rather than recirculating indoor air, and are marketed as addressing both indoor air quality and building energy/carbon performance.

The flagship Nova series is a low-profile unit available in 16-, 20-, 24- and 30-inch depths, supplying roughly 400-3,500 cfm of outside air, and can be ceiling-, wall- or floor-mounted to avoid rooftop equipment and vertical duct chases, which the company says can occupy up to 15 percent of a building's real estate. Units combine low-energy ECM fans, fixed-plate enthalpy/polymer membrane exchangers, MERV 13 filtration, double-wall construction, pre-installed coils, electronic expansion valves and controls. Published recovery efficiency across the H/ERV line is cited as up to 75% sensible and 70% latent. The company also offers connected controls for remote monitoring, real-time filter alerts, demand-controlled ventilation and remote diagnosis, and provides an online energy savings estimator, product selection software, applications support and a commissioning/controls technical team.

Founding story

Oxygen8 was created by clean tech entrepreneur James Dean, founder of dPoint/CORE, together with HVAC engineer Matthew Doherty, previously with Swegon, to build intelligent HVAC systems improving health, comfort and energy efficiency in commercial buildings across North America. Dean serves as co-founder and CEO.

Business model

Oxygen8 designs, manufactures and sells ventilation and HVAC equipment, supported by applications engineering, product selection tools, and commissioning and controls technical support.

Revenue comes from sales of ventilation and HVAC equipment (DOAS units and energy recovery ventilators) to building projects, sold through a network of sales representatives.

Traction

By April 2021 the company reported having installed more than two dozen Nova ventilation systems in buildings across the United States and Canada, including Ohio State University's baseball stadium, Boston College's Center for Digital Innovation in Learning, the University of British Columbia's Monashee Residence Hall, a New York City restaurant, and multiple office buildings and schools. At that time it also reported strong sales and plans to release six additional models.

Latest developments

The company's site markets its H/ERV line for both commercial and residential applications, with published recovery efficiency of up to 75% sensible and 70% latent, an online energy savings estimator covering North American climate locations, a local representative locator, and separate applications and commissioning/controls support channels.

Full profile — market position, technology, go-to-market, geography, history

Market position

An early-stage HVAC manufacturer positioned in the high-efficiency ventilation and indoor air quality segment in North America; it was the first investment of Greensoil PropTech Ventures Fund II and is a member of the BC Tech Association.

Compared with large, centralized, recirculating HVAC systems, Oxygen8 offers compact decentralized and semi-centralized units installed suite-by-suite or floor-by-floor, delivering 100% outdoor air with zoned airflow, low-profile mounting that frees floor and roof space and eliminates vertical duct chases, all-electric operation, and membrane energy recovery that transfers humidity without air crossover.

Technology

Membrane-based and fixed-plate enthalpy energy recovery cores with no moving parts recapture heat and humidity from exhaust air while preventing crossover of viruses, bacteria and moisture; MERV 13 filters treat incoming outdoor air. Systems are 100% electric, use ECM fans, and can integrate with Daikin VRV heating and cooling equipment for combined ERV/VRV temperature and humidity control. Smart controls connect units to devices for monitoring, filter alerts, demand-controlled ventilation and remote diagnostics.

Go-to-market

The company sells through local sales partners and manufacturer's representatives across North America, supported by a rep locator, an online product selection tool, an applications team for pricing, selections and technical expertise, and a dedicated commissioning and controls support team. Product and funding news has been distributed via press releases.

Commercial and residential building owners, developers, and design engineers, including offices, senior care facilities, classrooms and schools, universities, restaurants and multi-unit residential buildings.

Geography

Headquartered in Vancouver, British Columbia (1575 Vernon Drive), with engineering and manufacturing operations in Toronto, Ontario. Sales and installations span Canada and the United States, supported by local representatives across North America; the company's energy estimator covers Canadian and U.S. climate zones from Vancouver and Montreal to Atlanta, Houston and Seattle.

History

The company publicly launched its line of fully electric Dedicated Outdoor Air Systems in June 2020, positioning the products against COVID-era ventilation needs and municipal net-zero and low-carbon targets. In April 2021 it closed a Series Seed financing round anchored by Greensoil PropTech Ventures and announced plans for six new models. Engineering and manufacturing operations have been based in Toronto, with sales and marketing in Vancouver.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Energy recovery efficiency (H/ERV line)Jan 2025Up to 75% sensible / 70% latent
Filtration levelApr 2021MERV 13 air filters
New models plannedApr 20216 models
Nova ventilation systems installedApr 202124 systems
Outdoor airflow range per unitJun 2020400-3,500 cfm

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 3

launches, deals, and filings
Apr 2021
Oxygen8 closes $4M-plus (USD) Series Seed round

Oxygen8 closed a Series Seed round of more than $4 million USD (reported as $5 million-plus CAD), anchored by Greensoil PropTech Ventures with other strategic investors; it was the first investment of Greensoil PropTech Ventures Fund II.

$4M source ↗

Jun 2020
Integration with Daikin VRV heating and cooling systems

Oxygen8 systems connect with Daikin VRV equipment to provide fully integrated ERV and VRV systems controlling temperature and humidity.

source ↗

Jun 2020
Oxygen8 launches line of fully electric Dedicated Outdoor Air Systems

Oxygen8 announced the launch of a line of 100% electric Dedicated Outdoor Air Systems, including the Nova Series indoor DOAS, providing 400-3,500 cfm of outdoor air with membrane-based energy recovery and integration with Daikin VRV heating and cooling.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Oxygen8 Solutions Inc. do?
Oxygen8 designs and manufactures compact, all-electric dedicated outdoor air and energy recovery ventilation systems for buildings.
Who are Oxygen8 Solutions Inc.'s investors?
Oxygen8 Solutions Inc.'s investors include WUTIF Capital.