Fundraising Fox
Toronto · Seed–Growth · 18 people tracked
Also known as ARCTERN GLOBAL INC.
Find your way into ArcTern Ventures
Sign up to see every warm intro you have to ArcTern Ventures
- Paths you didn't know you had: your email and LinkedIn already hold routes to the ArcTern Ventures team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
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 Sep 29, 2026.
Team · 18 people
from the firm's website & curated & public directories
What they invest in
from 40 of 60 portfolio companiesCleantech ×18Energy ×14AI & Machine Learning ×11Hardware ×10Climate Tech ×9Deep Tech ×9IoT ×7SaaS ×7
HQs:United States×18Canada×11Latvia×1Norway×1
Who they back
founder profiles across 17 portfolio companiesFounding team size:solo founder×82 founders×43 founders×44+ founders×1
Where their founders studiedfrom 18 founders with education data
Stanford University ×3
What their founders studiedfrom 19 founders with field-of-study data
Engineering ×9Computer Science ×4Business & Management ×2Chemistry ×2Economics ×2
Where their founders worked beforefrom 18 founders with career history
Princeton University ×3
7 founders hold a PhD · 4 hold an MBA (of 20 with degree data)
Investments · 60 tracked
founders shown can be your intro pathBy year:2026 · 22025 · 22024 · 52023 · 42022 · 12021 · 42020 · 22019 · 12018 · 122 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
Frederick W. SmithRaj SubramaniaminJohn W. Dietrich(Executive Vice President, Chief Financial Officer)in
Co-investorsMatrixGreycroftLeitmotifLitquidity VenturesManiv MobilityOverture Climate+2 more
Liminal Insights uses ultrasound-based technology to provide quality control and inspection for battery cell R&D and manufacturing, targeting battery cell manufacturers and automotive OEMs.
Advanced ManufacturingAI & Machine LearningCleantechDeep TechEnergyHardwareBay Area, US
Andrew Hsieh(Executive Officer, Director)inShaurjo Biswas(CEO, CTO, & Co-Founder)inDan Steingart(Co-Founder)inBarry Van Tassell(Co-Founder)inMinhye Mueller(COO & CFO)inAlfred Lam(Director)in
Co-investorsChrysalixEcosystem Integrity FundGood Growth CapitalHelios Climate VenturesISVLG Technology Ventures+4 more
Woodland produces carbon-negative renewable fuels including hydrogen, natural gas, methanol, and ethanol from waste biomass rather than food sources.
Circular EconomyCleantechClimate TechEnergyToronto, CA
Greg Nuttall(President and CEO)in
Co-investorsMiddleland CapitalBild Alternative Investments Corporation
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)inSarah Skinner(Executive Officer)inJon Norman(Executive Officer)inChris Phebus(Executive Officer)inPatrick Moyer(Executive Officer)in
Board seatTom Rand· per SEC Form D
Co-investorsAmplify CapitalBild Alternative Investments CorporationPlaza VenturesCanada Growth Fund
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)inArchan Rao(Executive Officer, Director)Douglas Booms(Executive Officer)inRyan Harris(Executive Officer)in
BoardDipender Saluja(Director)Greg Wasserman(Director)
Board seatMurray McCaig· per SEC Form D
Co-investorsAngeleno GroupClimate CapitalCollaborative FundCongruent VenturesDesigner FundEarth Foundry+21 more
.jpeg){kind=logo}
Aerones provides robotic inspection, cleaning, coating, and repair services for wind turbine blades.
Advanced ManufacturingCleantechClimate TechDeep TechEnergyRoboticsRiga, LV
Dainis Kruze(CEO)inJanis Putrams(CTO)in
BoardBala Nagarajan(Director)Paul Neal Jordan(Director)Andris Berzins(Director)inPHILIPP GOEHRE(Director)
Co-investorsACTIVATE CAPITAL PARTNERSAhren Innovation CapitalCarbonChange VenturesEvergy VenturesFranz Haniel & Cie. GmbH+18 more
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
Bryton Shang(Founder)
Co-investorsAlliance VCAlliance VentureAlumni VenturesGraphene VenturesStruck CapitalWesterly Winds+4 more
CarbonAmerica captures and stores carbon dioxide as part of climate change mitigation efforts.
CleantechClimate TechDeep TechEnergy
Brent Lewis(Chief Executive Officer)inKevin Pykonen(VP, Commercial Development & Technology Ventures)
Co-investorsEnergy Impact PartnersS2G InvestmentsActive Impact Investments
Clir AI automates portfolio reporting, benchmarking, and reforecasting for renewable energy assets across solar, wind, and battery storage, giving asset managers and investment managers a comparable view of portfolio performance.
AI & Machine LearningCleantechEnergyVancouver, CA
Gareth Brown(Chief Executive Officer)inIan Irvine(Director)
BoardJenny Yang(Director)inTyson Birchall(Director)Tom Rand(Director)in
Co-investorsForesight CanadaLongbow CapitalActive Impact InvestmentsBDC Capital CorporationLongbow Energy Services (INT)
Costanoa is a venture capital firm that invests in early-stage founders solving large, technically hard problems, with a focus on enterprise software companies.
Enterprise Software
Co-investorsBCIFoundryACME CapitalACTivate CapitalCherry VenturesCongruent Ventures+5 more
Cyclic Materials recovers rare earth elements and other critical minerals from end-of-life products through proprietary magnet separation and refining technologies.
Circular EconomyCleantechNew MaterialsKingston, CA
Ahmad Ghahreman(Founder)Patrick Nee(Founder)
Co-investorsBMW i VenturesClimate InvestmentEnergy Impact PartnersHitachi VenturesInMotion VenturesZero Infinity Partners+1 more
A software platform that helps procurement teams measure, track, and reduce Scope 3 supply chain emissions by providing suppliers with tools to calculate carbon footprints and set science-aligned reduction targets.
CleantechClimate TechEnterprise SoftwareSaaS
Eduardo Gómez(Founder)in
Co-investorsXplorer CapitalLightbird Ventures AGOutsized VenturesSocial Impact CapitalTrue Ventures
Evenergy Group provides strategic consulting and project management services for electric vehicle charging infrastructure, helping clients plan, bid, and execute charging solutions while coordinating with utilities.
CleantechEnergyIoTMobility & TransportationSaaS
Co-investorsInMotion VenturesNational Grid Partners
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-investorsGeneral CatalystMatchstick VenturesNEXT CanadaRBCxS2G InvestmentsTechstars
.png)
.png)
Great Sky develops physics-based computational intelligence and AI systems built from foundational research.
AI & Machine LearningDeep TechHardwareBoulder, US
Jeffrey Shainline(Founder & CEO)inJeffrey Chiles(Co-Founder & CTO)inBryce Primavera(Co-Founder & VP of Architecture)inSaeed Khan(Co-Founder & VP of Fabrication)inMark Wade(Director)in
BoardTom Biegala(Director)in
Co-investorsBison VenturesMatchstick VenturesMythos Ventures Management, LlcOlive Tree CapitalRange VCService Provider Capital+3 more
GreenMantra Technologies transforms plastic waste into high-performance materials through molecular recycling technology, breaking down post-consumer polypropylene and polyethylene for use in commercial applications and circular economy solutions.
Circular EconomyCleantechNew MaterialsToronto, CA
Co-investorsInnovative Solutions CanadaClosed Loop PartnersCycle Capital
Harbinger Motors designs and manufactures electric vehicles built on medium-duty platforms for commercial and industrial transportation.
CleantechHardwareMobility & TransportationGarden Grove, US
John Harris(Founder)inPhillip Weicker(Founder)inBenjamin Dusastre(Executive Officer)Ryan Clinton(Director)inWilliam Eberts(Executive Officer, Director, Promoter)Will Eberts(Founder)
Co-investorsAcequia Capital (AceCap)ATEL VenturesCarbonGreycroftGround Up VenturesIn-Q-Tel+15 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(Founder)
Co-investorsLG Technology VenturesSOSVUCeed FundsCelesta CapitalIntel Capital
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)inSemion Saykin(Executive Officer)Alan Aspuru-Guzik(Executive Officer)inAshish Kulkarni(Chairman and CEO)in
BoardTong Hui(Director)Andrew Krowne(Director)in
Co-investorsBantam GroupConstructor Capital USEmbark VenturesFlybridge Capital PartnersOne Way VenturesPropagator Ventures+6 more
King Energy develops software and financing solutions for commercial solar installations on multi-tenant properties.
CleantechEnergyPropTechSaaS
John Witchel(CEO)in
Co-investorsBlackhorn VenturesNext Frontier Capital
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)inAlexey Dubov(COO)Sam Ruben(Founder)Dmitry Tsymbal(Head of HR)Anton Glance(Director of Manufacturing)
Co-investorsAbies VenturesAlumni VenturesAzure Ventures GroupBay Bridge Ventures ClimateBold Capital PartnersCM Ventures+43 more
MMB Networks is a connectivity and IoT company specializing in Smart Energy solutions, serving clients from strategy through manufacturing and deployment.
Cloud ComputingEnergyHardwareIoT
Co-investorsPlaza VenturesRoadmap Capital Inc.
Morgan Solar develops solar energy technology designed to reduce manufacturing costs and improve efficiency.
AI & Machine LearningCleantechEnergyHardwareIoT
John Paul Morgan(President & CTO)inNicolas Morgan(Vice President, Business Development and Marketing)in
Co-investorsInnovative Solutions Canada
Mosa Meat is a company developing cultivated meat.
BiotechClimate TechFoodTech
Mark Post(Founder)Mark W. Post(Founder)Peter Verstrate(Founder)
Co-investorsAgronomicsBlue Horizon CorporationCollateral GoodLowercarbon CapitalM VenturesMbuyu Capital Partners+8 more
Normal is an applied research lab focused on AI for hardware design, providing data and evaluation methods to advance AI capabilities.
Advanced ManufacturingAI & Machine LearningDeep TechHardwareSan Francisco, US
Anson Yu(CEO)inHudhayfa Nazoordeen(Founder)inAntonio Martinez(Founder)Faris Sbahi(Founder)Matthias Tan(Founder)
Co-investorsY CombinatorBase Case CapitalDrive CapitalFirst Spark Ventures, LlcGolden VenturesMichael Chen+3 more
Normal builds open, AI-powered building automation software for portfolio managers, replacing siloed legacy systems with unified dashboards and centralized control across multiple properties.
AI & Machine LearningCloud ComputingEnterprise SoftwareIoTPropTechSaaS
Co-investorsZigg CapitalDrive CapitalFirst Spark Ventures, LlcLaude VenturesMicron VenturesSamsung Catalyst Fund
Palmetto is a company focused on advancing clean energy solutions and contributing to a global transition towards renewable energy.
CleantechClimate TechEnergySaaSCharleston, US
Chris Kemper(Founder, Chairman, and CEO)Christopher Kemper(Founder)
Co-investorsBoxGroupCarbonCharlotte FundEnergy Impact PartnersEvergy VenturesGreensoil PropTech Ventures+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-investorsBlockchange VenturesDigital Currency GroupFenbushi Capital
Recurrent builds software and data analytics tools to help consumers and dealerships transition to electric vehicles and optimize EV adoption.
Climate TechData & InfrastructureMobility & TransportationRetail TechSaaS
Scott Case(Founder)in
Co-investorsAscend Venture CapitalAutomotive Ventures MobilityE8 AngelsEnerTech CapitalGoodyear VenturesPioneer Square Labs+6 more
reThought Flood is a flood insurance underwriting platform that lets insurance brokers quote and bind flood coverage, assessing each building individually along with the full policy portfolio for risk-based pricing.
FintechInsurTechSaaSBroomfield, US
Cory Isaacson(Chief Executive Officer)inJames Rice(Chief Sales Officer/Acting Chief Operations Officer)inNicholas Lamparelli(Chief Underwriting Officer)Joe Zuk(Director)Venky Ganesan(Director)in
BoardDavid G. Miles(Director)in
Co-investorsConnecticut InnovationsIA Capital GroupManchesterStory Group, LLCPrototype CapitalStreamlined VenturesTitanium Ventures+1 more
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)inDavis Foster(Executive Officer, Director, Promoter)inJohn Morrison(Executive Officer, Director, Promoter)Brian Merkel(Executive Officer)in
BoardSameer Reddy(Director)inLucy Deland(Director)in
Co-investorsAlumni VenturesEnergy 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(Founder)inJohn Levy(Founder)inRaja Bal(CFO)inTim Anglim(Executive Officer)Shu-Jen Han(CTO)inMatt Hutchings(CPO)in
Co-investorsBlueYard CapitalNordicNinjaEQT VenturesBooz Allen VenturesCambium CapitalLG Technology Ventures+4 more
Sheertex manufactures luxury rip-resistant shaping tights designed for compression and support.
ConsumerDirect to ConsumerFemTechNew MaterialsMontreal, CA
Katherine Homuth(Founder)Natalie Catania(Founder)in
Co-investorsBackbone AngelsHemisphere Ventures LLCIcebook Investments Corp.Saltagen VenturesTwo Small Fish VenturesBDC Venture Capital+1 more
Smarter Alloys develops Multiple Memory Material technology, a platform based on shape memory alloys that enables devices to function with previously inaccessible capabilities across medical, wearable, and industrial applications.
Advanced ManufacturingCleantechDeep TechEnergyMedical DevicesNew MaterialsOntario, CA
Ibraheem Khan(Founder and CEO)inMichael Kuntz(Vice President of Operations)in
Co-investorsInnovative Solutions Canada
Arch Rao(Founder)Henry Liu(Founder)in
Co-investorsBling CapitalBoxGroupKyber Knight CapitalRitual CapitalAmazon Alexa FundCollaborative Fund+4 more
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(CEO)inMichael Woodworth(Vice President Technology)Sam Colby(Head of People)Elana Szemenyei(People Operations)
Co-investorsSeraph GroupY CombinatorAbstract VenturesAperture Venture CapitalBDC Venture CapitalBuckley Ventures Management Company Llc+19 more
Terramera is a holding company that builds independent agricultural companies using science-based approaches to advance sustainable farming solutions.
AgTechAI & Machine LearningBiotechClimate TechVancouver, CA
Michael Scott(Executive Officer)Karn Manhas(Executive Officer, Director)Alex Lau(Director)Jeffrey Booth(Director)Craig Hughes(Executive Officer)Travis Good
Co-investorsBold Capital PartnersHarmonix FundOspraie Ag ScienceRenewal FundsS2G Investments
Aliso Viejo, US
Doug Lawson(Executive Officer, Director)in
BoardFrost Stuart(Director)Larry Sheakley(Director)
Co-investorsCove FundBonfire VenturesEcosystem Integrity
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)in
BoardGABRIEL KRA(Director)inBROOK PORTER(Director)inSHELLEY BRANSTEN(Director)
Co-investorsClaremont Creek VenturesCommerce VenturesDBL PartnersG2 Venture PartnersGlobal BrainPrelude Ventures+7 more
Xeal develops Helix Computing, a self-reliant platform for managing smart devices and infrastructure in cities, including EV chargers, building access controls, and payment terminals, without dependence on centralized cloud networks or external connectivity.
CleantechEnergyHardwareIoTMobility & TransportationPropTech
Alastair Westgarth(COO)in
Co-investorsE8 AngelsWIND VenturesAlpaca VC
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Automated Carbon Accounting ViewBattery Inspection Technology ViewCellulosic Ethanol Production ViewClirConcentrated Photovoltaic Solar ViewHarbingerKing EnergyMaking Products Smarter ViewMuonPalmetto Clean TechnologyPolar SapphireSolySparqSubscription Utility E-Bikes ViewSustainable Aquaculture Technology ViewSustainable Cultured Meat ViewWinnowZoomo
Exits · 1
1 IPOsFedExNYSE: FDX
Portfolio news
latest coverage across their companies
Hydrostor · hydrostor.ca · Aug 12, 2026
Great Sky · finsmes.com · Mar 16, 2026
SPAN · bizjournals.com · Jan 28, 2026
Mosa Meat · eu-startups.com · Dec 23, 2025
Aerones · aerones.com · Jun 3, 2025
Frequently asked questions
- How many investments has ArcTern Ventures made?
- ArcTern Ventures has 60 tracked investments, 1 of which have exited, including 6 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.
- Does ArcTern Ventures lead rounds?
- ArcTern Ventures has led 4 of the 14 rounds where its role is on record.
- Who does ArcTern Ventures co-invest with?
- ArcTern Ventures most often shares deals with Energy Impact Partners, Innovative Solutions Canada, LG Technology Ventures, among 115 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
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.
Khosla Ventures is a venture capital firm that backs bold, early-stage, technology-driven companies across deep tech and other sectors, providing hands-on 'venture assistance' to help founders build category-defining businesses.
G2 Venture Partners is a venture capital firm that invests in technology companies at their inflection points to help transform traditional industries toward sustainability.
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.
Zeno Ventures invests in early and growth stage technology enabled companies addressing consumer and enterprise markets.
Active Impact Investments is a climate tech seed fund based in Canada, backing early-stage companies that advance planetary sustainability by innovating across production and consumption industries.
Intel Capital is the corporate venture capital arm of Intel Corporation, investing in AI and deep tech companies across cloud, devices, frontier, and silicon.
Celesta Capital is a venture capital firm that partners with early-stage deep-technology startups, providing capital alongside operational support in scaling technology, go-to-market strategy, team building, and customer and partner introductions.
Foundamental is a venture capital firm investing in construction, architecture, engineering, and related supply-chain and workforce technology companies globally.
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.
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.
Core (also referred to as Core Innovation Capital) is a venture capital firm that invests in infrastructure powering wealth and health for the mass market, backing founders modernizing the real economy.
▶4 more co-investors
55 NorthBinance LabsMangrove Capital PartnersFuture Energy Ventures
Firms observed investing alongside ArcTern Ventures, from public investor directories. Shared companies are the overlap with ArcTern Ventures's recorded portfolio.
Similar investors
Emerald Technology Ventures is a venture capital investor focused on complex, cutting-edge technologies, supporting entrepreneurs at the frontier of scientific and industrial innovation.
Ecosummit GmbH organizes curated, invitation-only premium conferences and online events that bring together startups and investors in AI, energy, climate and deep tech to foster fundraising, investing, open innovation, corporate venturing and M&A.
GET Fund is an impact venture capital investor backing Green European Tech startups, supporting scalable, sustainability-focused innovators from early to growth stage.
Starquest Capital is a Paris-based, climate-focused investment firm (part of the Montefiore group) financing high-tech, low-carbon innovation through several thematic funds spanning biodiversity, climate adaptation, and emissions reduction.
Oost NL is a regional development agency that supports and connects innovative entrepreneurs in the Dutch provinces of Gelderland and Overijssel, helping accelerate technological innovation through capital, network, and knowledge.