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ArcTern Ventures

Venture capital

Toronto · Seed–Growth · 21 people tracked

Also known as ARCTERN GLOBAL INC. · ArcTern Ventures (NR)

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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 3, 2026.

Stage
Seed–Growth
Check
$730K – $2.9M
HQ
Toronto, ON, CA
Instruments
Equity
Founded
2012
AUM
$511M
VC funds
2
Tracked investments
49

Team · 21 people

from the firm's website & public directories
Tanya Boyko· Principalin
Jon Dogterom· Advisor, Investment Committee
Rutendo Ruzvidzo· Associatein

What they invest in

from 10 of 49 portfolio companies

AI & Machine Learning ×3AgTech ×2IoT ×2Robotics ×2Advanced Manufacturing ×1B2B Marketplaces ×1Circular Economy ×1Cleantech ×1

HQs:United States×6Canada×2Norway×1

Investments · 49 tracked

founders shown can be your intro path
Hydrostorhydrostor.cainSEC filingmedium confidence

EnergyToronto

Tom Duckett(Executive Officer)Sarah Skinner(Executive Officer)Glenn Wright(Director)Jon Norman(Executive Officer)Chris Phebus(Executive Officer)Judi Johansen(Director)

Board seatTom Rand· per SEC Form D · filed Dec 2021

Span.IO, Inc.SEC filingmedium confidence

San Francisco, US

Board seatMurray McCaig· per SEC Form D · $100M raise · filed Mar 2023

Span.IO, Inc.SEC filingmedium confidence

San Francisco, US

Board seatMurray McCaig· per SEC Form D · $32M raise · filed Apr 2021

Aquabyteaquabyte.ai

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

Automated Carbon Accounting View
Battery Inspection Technology View
Carbon Americacarbonamerica.com
Cellulosic Ethanol Production View
Clir

Wind and Solar Production Optimization Using AI

Concentrated Photovoltaic Solar View
Cyclic Materials

Circular supply chain solutions for rare earth elements recycling

Emitwise
Ev Energy
Flashfoodflashfood.comin

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

Greenmantra Technologies

Waste Plastics to Specialty Chemicals

Harbinger
Hyperlumehyperlume.comin𝕏

Ottawa

Charles Lesperance(Director)Hossein Fariborzi(President, Treasurer and Chief Technology Officer.)Mohsen Asad(Chief Executive Officer and Corporate Secretary.)

Kebotixkebotix.comin𝕏

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)Ashish Kulkarni(Executive Officer, Director)Alan Aspuru-Guzik(Executive Officer)

BoardTong Hui(Director)Andrew Krowne(Director)

King Energy

Climate; invested in 2022 from Fund III

Liminal Insights
Making Products Smarter View
Mighty Buildingsmightybuildings.comin𝕏

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

MMB Networksmmbnetworks.comin𝕏
Morgan Solar
Mosa Meatmosameat.comin
Muon
Normal
Palmetto
Parityparity.ioin𝕏

Parity builds blockchain infrastructure and development tools for enterprises adopting Web3, focusing on Polkadot-based systems with emphasis on decentralization, scalability, and security.

Crypto & Web3Developer ToolsEnterprise Software<UNKNOWN>

Polar Sapphire

High Purity Alumina for LEDs and Batteries

Recurrent
Rethought
Scythe Robotics

Longmont, 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)

SEEQC

Superconducting digital chips, firmware, and software for scalable, energy-efficient quantum computing systems

Smarter Alloys

Electricity from Low-Temperature Waste Heat

SPANspan.ioin𝕏

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.

CleantechHardwareIoT

Arch Rao(Founder & CEO)

Sparq

High-performance and cost-effective power conversion

SRTXsrtxlabs.comin𝕏

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

Subscription Utility E-Bikes View
Sustainable Aquaculture Technology View
Sustainable Cultured Meat View
Terrameraterramera.comin𝕏

AgTechVancouver

Michael Scott(Executive Officer)Karn Manhas(Executive Officer, Director)Alex Lau(Director)Sanjeev Krishnan(Director)Jeffrey Booth(Director)Carl Casale(Director)

Thinkiq
Trove
Trove Recommercetrove.comin

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

SHELLEY BRANSTEN(Director)KRISTA ANDERSON-COPPERMAN(Director)ANDREW RUBEN(Director, Promoter)GAYLE TAIT(Executive Officer, Director)

BoardGABRIEL KRA(Director)BROOK PORTER(Director)

Winnow

Food Waste Reduction IoT for Commercial Kitchens

Woodland Biofuels

Waste-to-biofuel technology converting biomass into clean renewable fuel

Xeal
Zoomo

Provider of high-performance light electric vehicles for urban fleets and couriers.

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.

Frequently asked questions

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.

Media · Podcasts & interviews

featuring the team

The 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 · 15

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Intel Capital

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Celesta Capital

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Hitachi, Ltd.

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Future Energy Ventures

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Galdana Ventures

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3 more co-investors

Core Venture CapitalActive Impact InvestmentsBinance 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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