ArcTern Ventures
Venture capitalToronto · Seed–Growth · 21 people tracked
Also known as ARCTERN GLOBAL INC. · ArcTern Ventures (NR)
Investment thesis
ArcTern Ventures backs bold founders scaling breakthrough technologies that address climate change and sustainability. Sustainability is embedded in every investment decision, and the firm believes strong financial returns follow from making meaningful environmental impact. Its partners are former startup founders who work hands-on with companies, offering operational expertise and a global network to accelerate growth. The firm invests globally in startups tackling carbon and sustainability problems, with focus areas including clean energy, energy efficiency and storage, circular economy, advanced manufacturing and materials, mobility, and food systems.
Source: firm website, verified Aug 25, 2026.
Team · 21 people
from the firm's website & public directoriesWhat they invest in
from 25 of 50 portfolio companiesCleantech ×10Energy ×7AI & Machine Learning ×6Climate Tech ×6Hardware ×5Deep Tech ×3IoT ×3Robotics ×3
HQs:United States×10Canada×3Norway×1
Investments · 50 tracked
founders shown can be your intro pathBy year:2025 · 22024 · 12023 · 12021 · 26 dated
FedEx is a global courier and logistics company that provides shipping, delivery, and supply chain management services for businesses and consumers worldwide.
Logistics & Supply Chain
Raj Subramaniamin
Co-investorsMatrixGreycroftLeitmotifManiv MobilityOverture ClimateSchematic Ventures+1 more
Hydrostor develops long-duration energy storage using Advanced Compressed Air Energy Storage (A-CAES), a closed-loop system combining air, water, and purpose-built underground hard-rock caverns to store off-peak electricity for the electric grid.
CleantechClimate TechEnergyToronto, CA
CURTIS VANWALLEGHEM(Executive Officer, Director)inTom Duckett(Executive Officer)Sarah Skinner(Executive Officer)inJon Norman(Executive Officer)inChris Phebus(Executive Officer)inPatrick Moyer(Executive Officer)
Board seatTom Rand· per SEC Form D · filed Dec 2021
Co-investorsAmplify CapitalBild Alternative Investments CorporationPlaza VenturesCanada Growth Fund
San Francisco, US
Douglas Booms(Executive Officer)Dipender Saluja(Director)Greg Wasserman(Director)Timur Davis(Director)Ryan Harris(Executive Officer)Archan Rao(Executive Officer, Director)
Board seatMurray McCaig· per SEC Form D · $100M raise · filed Mar 2023
Co-investorsAmazon Alexa FundCongruent VenturesTechnology ImpactWireframe Ventures
Aquabyte develops an AI-powered platform combining computer vision and machine learning to monitor fish health, welfare, behavior, and biomass for aquaculture farms at sea and on land.
AgTechAI & Machine LearningIoTNorway, NO
Co-investorsAlliance VCAlliance VentureGraphene VenturesStruck CapitalAlaya CapitalCostanoa Ventures+1 more
Carbon America is a carbon capture developer that manages the full CO₂ capture, transport, and storage value chain — from screening and development through construction, operation, and closure — for hard-to-abate industrial and power sector emitters.
CleantechClimate TechEnergy
Co-investorsEnergy Impact PartnersS2G Investments
Wind and Solar Production Optimization Using AI
Circular supply chain solutions for rare earth elements recycling
Co-investorsHitachi VenturesInMotion Ventures
Emitwise, now part of Green Project Technologies, provides carbon accounting and decarbonization software for businesses to measure and reduce their emissions.
CleantechClimate TechSaaS
Co-investorsXplorer Capital
Flashfood is an app that connects shoppers with discounted fresh produce, meat, and other grocery items at local stores, offering savings up to 50% while reducing food waste.
ConsumerE-commerceFoodTechToronto, CA
Co-investorsMatchstick VenturesS2G InvestmentsTechstars
GreenMantra uses a patented molecular recycling technology to convert waste plastic that would otherwise reach landfills and oceans into specialty polymer additives for industrial applications.
Circular EconomyCleantechNew Materials
Co-investorsInnovative Solutions CanadaCycle Capital
Harbinger Motors designs and manufactures electric vehicles built on medium-duty platforms for commercial and industrial transportation.
CleantechHardwareMobility & TransportationGarden Grove, US
John Harris(Chief Executive Officer & CoFounder)Phillip Weicker(Executive Officer, Director, Promoter)Benjamin Dusastre(Executive Officer)Ryan Clinton(Director)inWilliam Eberts(Executive Officer, Director, Promoter)
BoardGilbert Passin(Director)
Co-investorsAcequia Capital (AceCap)CarbonGreycroftGround Up VenturesIn-Q-TelLakewest Venture Partners+9 more
Hyperlume develops copper interconnect and Active Electrical Cable (AEC) connectivity solutions supporting data rates from 100G up to 1.6T for data centers and AI deployments.
Deep TechHardwareSemiconductorsOttawa
Charles Lesperance(Director)Hossein Fariborzi(President, Treasurer and Chief Technology Officer.)Mohsen Asad(Chief Executive Officer and Corporate Secretary.)
Co-investorsLG Technology VenturesSOSVUCeed Funds
Kebotix uses artificial intelligence, machine learning, and laboratory automation to discover and develop new materials and molecules.
AI & Machine LearningDeep TechNew MaterialsCambridge, US
Dennis Sheberla(Executive Officer)Semion Saykin(Executive Officer)Alan Aspuru-Guzik(Executive Officer)inAshish Kulkarni(Executive Officer, Director)
BoardTong Hui(Director)Andrew Krowne(Director)in
Co-investorsBantam GroupFlybridge Capital PartnersOne Way VenturesPropagator VenturesSafar PartnersWorldQuant Ventures+3 more
King Energy develops software and financing solutions for commercial solar installations on multi-tenant properties.
CleantechEnergyPropTechSaaS
John Witchel(CEO)
Co-investorsBlackhorn VenturesNext Frontier Capital
Liminal Insights builds EchoStat, an inspection platform that combines ultrasound and machine learning for non-destructive analysis of prismatic, pouch, and cylindrical battery cells across chemistries.
Advanced ManufacturingAI & Machine LearningEnergy
Co-investorsChrysalixEcosystem Integrity FundGood Growth CapitalHelios Climate VenturesISVLG Technology Ventures+1 more
Mighty Buildings manufactures prefabricated homes using 3D printing technology and robotics, with a goal of reducing construction emissions and waste.
PropTechRoboticsSan Francisco, US
Slava Solonitsyn(Founder)inDmitry Starodubtsev(Founder)in
Co-investorsAbies VenturesAzure Ventures GroupBay Bridge Ventures ClimateBold Capital PartnersDesigner FundEvolution VC Partners+12 more
MMB Networks develops connectivity hardware, software, and tools — including gateways, border routers, mesh extenders, and Wi-SUN, Thread, and Zigbee products — for smart energy and IoT applications.
EnergyHardwareIoT
Co-investorsPlaza VenturesRoadmap Capital Inc.
Mosa Meat is a food technology company that produces cultivated beef by growing muscle cells from a small animal sample into real meat, aiming to make beef burgers without slaughtering animals.
BiotechClimate TechFoodTech
Co-investorsAgronomicsBlue Horizon CorporationCollateral GoodM VenturesMbuyu Capital PartnersStray Dog Capital+5 more
Parity builds technical infrastructure that helps enterprises and startups adopt Web3, with a focus on the Polkadot ecosystem.
Crypto & Web3Data & InfrastructureDeveloper Tools
Gavin Wood(Founder)in
Co-investorsDigital Currency GroupFenbushi Capital
High Purity Alumina for LEDs and Batteries
Scythe builds the M.52, an autonomous, battery-powered commercial mower with onboard perception technology (Scythe Sight) for landscape maintenance crews.
AI & Machine LearningCleantechHardwareRoboticsLongmont, US
Isaac Roberts(Executive Officer, Director, Promoter)Davis Foster(Executive Officer, Director, Promoter)John Morrison(Executive Officer, Director, Promoter)Brian Merkel(Executive Officer)
BoardSameer Reddy(Director)Lucy Deland(Director)in
Co-investorsEnergy Impact PartnersInspired CapitalKokopelli CapitalZigg CapitalLemnos VC
SEEQC develops a digital quantum computing platform that integrates the core functions of a quantum computer—including qubits and classical control logic—onto superconducting cryogenic chips, aiming to scale qubits without added complexity.
Deep TechQuantum ComputingSemiconductorsElmsford, US
Oleg Mukhanov(CSO)inJohn Levy(CEO)inRaja Bal(CFO)Tim Anglim(Executive Officer)Matthew Hutchings(Executive Officer)Shu-Jen Han(CTO)
Co-investorsBlueYard CapitalNordicNinjaEQT VenturesBooz Allen VenturesCambium CapitalLG Technology Ventures+5 more
Electricity from Low-Temperature Waste Heat
SPAN develops smart electrical panels that provide real-time home energy monitoring and control, enabling homeowners to track and optimize energy consumption at the room and appliance level to reduce energy bills.
CleantechHardwareIoTSan Francisco, US
Arch Rao(Founder & CEO)
Co-investorsAngeleno GroupCollaborative FundCongruent VenturesDesigner FundEarth FoundryEnergy Foundry+15 more
High-performance and cost-effective power conversion
SRTX develops materials and software tools for textile manufacturing, with an initial product line of hosiery made from high-strength polymers.
Advanced ManufacturingRoboticsMontreal, CA
Katherine Homuth(Founder/CEO)in
Co-investorsSeraph GroupY CombinatorG2 Venture PartnersKickstart VenturesZeno Ventures
Terramera develops technology for clean food, combining its proprietary Actigate Targeted Performance platform with data science and machine learning to reduce synthetic chemical loads and create natural agricultural products for farmers and consumers.
AgTechAI & Machine LearningClimate TechVancouver
Michael Scott(Executive Officer)Karn Manhas(Executive Officer, Director)Alex Lau(Director)Jeffrey Booth(Director)Craig Hughes(Executive Officer)
BoardSanjeev Krishnan(Director)
Co-investorsBold Capital PartnersHarmonix FundOspraie Ag ScienceS2G InvestmentsRenewal Funds
A mobile experience where users tap through short interactive scenarios and make choices, framed as a game rather than a quiz, to build a profile of the user's personality or preferences.
ConsumerGamingSocial
Co-investorsBetaworksCapital One VenturesG2 Venture PartnersKhosla VenturesMenlo Ventures
Trove operates a platform for brand resale and recommerce, enabling iconic brands to sell returned and excess inventory through secondary markets.
AI & Machine LearningB2B MarketplacesCircular EconomyRetail TechBrisbane, US
ANDREW RUBEN(Director, Promoter)John Connolly(Founder)inGAYLE TAIT(Executive Officer, Director)
BoardGABRIEL KRA(Director)inBROOK PORTER(Director)inSHELLEY BRANSTEN(Director)
Co-investorsClaremont Creek VenturesCommerce VenturesDBL PartnersG2 Venture PartnersGlobal BrainPrelude Ventures+5 more
Food Waste Reduction IoT for Commercial Kitchens
Woodland Biofuels uses biomass gasification followed by catalytic reactions to convert biomass waste into carbon-negative hydrogen, renewable natural gas, methanol, or ethanol.
CleantechClimate TechEnergy
Co-investorsBild Alternative Investments Corporation
Provider of high-performance light electric vehicles for urban fleets and couriers.
Co-investorsContrarian VenturesVirescent Ventures
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Exits · 1
IPOs and acquisitions across the tracked portfolioFedExNYSE: FDX
Portfolio news
latest coverage across their companiesHydrostor · mercomcapital.com · Aug 19, 2026
Trove · africa.businessinsider.com · Aug 14, 2026
Trove Recommerce · africa.businessinsider.com · Aug 14, 2026
King · eu-startups.com · Jul 22, 2026
FedEx · simplywall.st · Jul 18, 2026
SRTX · insolvencyinsider.ca · Feb 22, 2026
SPAN · latitudemedia.com · Feb 2, 2026
Frequently asked questions
- How many investments has ArcTern Ventures made?
- ArcTern Ventures has 42 tracked investments, including 1 dated in the last 24 months.
- What stage does ArcTern Ventures invest at?
- ArcTern Ventures invests at the Seed, Series A, Series B, Series C, Growth stages.
- What is ArcTern Ventures's typical check size?
- ArcTern Ventures typically writes checks of $730K – $2.9M.
- What sectors does ArcTern Ventures focus on?
- ArcTern Ventures focuses on Advanced Manufacturing, Circular Economy, Cleantech, Climate Tech, Energy, FoodTech, Impact & Social Good, Mobility & Transportation, New Materials.
- Where is ArcTern Ventures located?
- ArcTern Ventures is headquartered in Toronto, CA.
- Who does ArcTern Ventures co-invest with?
- ArcTern Ventures most often shares deals with LG Technology Ventures, S2G Investments, Energy Impact Partners, among 64 tracked co-investors.
Media · Podcasts & interviews
featuring the teamThe Rise of Clean Tech: Tom Rand from ArcTern Ventures
360EnergyInc · Tom Rand
Meet the Manager with Tom Rand (ArcTern Ventures)
Carbon Equity · Tom Rand
LIVE: Driva 2020 Climate Investment Talks with Tom Rand from ArcTern Ventures
Nysnø Klimainvesteringer · Tom Rand
Cleantech investor Tom Rand of Arctern Ventures on PFAN
Private Financing Advisory Network · Tom Rand
Co-investors · 16
Khosla Ventures is a venture capital firm that invests in early-stage companies focused on technology, mobile, and clean energy sectors, including biotechnology applications. The firm provides capital and strategic support to entrepreneurs developing breakthrough technologies across multiple markets.
G2 Venture Partners is a venture capital firm that invests in technology companies at their inflection points to help transform traditional industries toward sustainability.
Energy Impact Partners is an investment firm that connects entrepreneurs with major corporate partners to help drive the transformation of the global economy toward a more sustainable future.
Zeno Ventures invests in early and growth stage technology enabled companies addressing consumer and enterprise markets.
Fifth Wall is an investment firm focused on technology for the built environment (PropTech), backing startups that make the spaces where people live, work, and play smarter, safer, and more energy efficient.
Foundamental is a venture capital firm focused on hardware and construction technology, providing strategic insights and investment perspective to founders building physical products for the AEC and construction industries.
Intel Capital is the corporate venture capital arm associated with Intel, investing in and supporting technology companies as they scale.
Celesta Capital is a venture capital firm that invests in deep tech companies at the forefront of science and engineering.
Mangrove Capital Partners is a venture capital firm investing in early-stage technology companies, having been an early backer of eight unicorns including Skype, Wix, Flo Health and WalkMe.
Hitachi is a Japanese multinational conglomerate offering products and solutions across digital, energy, mobility, industry, measurement and analysis systems, life and ecosystem, and building systems, leveraging AI and digital technologies to accelerate DX for customers and society.
Future Energy Ventures (FEV) is a venture capital firm investing in founders building the future energy system through electrification, software, and digital infrastructure.
A fund that invests in high-performing venture capital funds and directly in emerging technology companies, focusing on partnership with exceptional managers and identifying disruptive global opportunities.
▶4 more co-investors
Core Venture CapitalActive Impact Investments55 NorthBinance Labs
Firms observed investing alongside ArcTern Ventures, from public investor directories. Shared companies are the overlap with ArcTern Ventures's recorded portfolio.
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