/Investors

Canada Growth Fund

Government fund

Montreal · Growth · 5 people tracked

Find your way into Canada Growth Fund

569 people in our graph share verified history with the Canada Growth Fund team — schools, employers, funds. One of them is your warm intro.

Thomas Farranunlockedknows Cristina Lopez · together at PrairieSky Royalty Ltd. (overlapped)
×5knows the team · via BMO Capital Markets
×6knows the team · via Macquarie Group
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Investment thesis

The Canada Growth Fund's mandate is to build a financially prudent portfolio that catalyzes private-sector investment in Canadian companies and projects, helping grow the economy rapidly and at scale while advancing emissions reduction and maintaining Canada's long-term global competitiveness. Its investment strategy focuses on three key areas: projects, clean technologies, and low-carbon supply chains. It plays a value-added role within Canada's investment ecosystem, supporting innovation across sectors such as critical minerals and clean energy.

Source: firm website, verified Aug 7, 2026.

Stage
Growth
HQ
Montreal, QC, CA
Instruments
Equity
Last 12 months
4 investments
AUM
$15B
Tracked investments
11

Team · 5 people

from the firm's website

What they invest in

from 8 of 11 portfolio companies

Cleantech ×7Energy ×5Climate Tech ×4Advanced Manufacturing ×3Circular Economy ×2New Materials ×2Biotech ×1Construction Tech ×1

HQs:Canada×4United States×3

Investments · 11 tracked

founders shown can be your intro path

By year:2026 · 32025 · 32016 · 17 dated

Mangrove Lithiummangrovelithium.comin𝕏Jan 2026 · $85M✓ verified

Mangrove Lithium is a cleantech company that develops a patented, feedstock-flexible electrochemical refining technology to convert diverse lithium feedstocks into battery-grade lithium hydroxide and carbonate.

CleantechEnergyNew MaterialsDelta, CA

Saad Dara(CEO & Co-Founder)inDavid St. Angelo(Chief Technology Officer)inAnnie Liu(Chief Commercial and Strategy Officer)in

Co-investorsBMW i VenturesBreakthrough Energy VenturesBDC Capital CorporationOrion Industrial VenturesATEL VenturesInBC Investment Corp.

Cascadia Windows & Doorscascadiawindows.comin𝕏Oct 2025

Cascadia Windows & Doors manufactures high-performance fiberglass windows, doors, and cladding support systems used in energy-efficient construction projects across North America.

Advanced ManufacturingCleantechConstruction TechNew MaterialsSeattle, US

Co-investorsMKBBlue Earth Capital AGRenewal Funds

dcbeldcbel.energySep 2025

Canadian cleantech company in which CGF is a co-investor; Idealist Capital led financing rounds.

Co-investorsCoatue ManagementWTI

Eavoreavor.comin𝕏Jun 2025

Eavor is a geothermal energy company developing a closed-loop system (Eavor-Loop) that circulates a proprietary working fluid underground to produce baseload or dispatchable heating, cooling, and electricity.

CleantechClimate TechEnergyCalgary, CA

PAUL C. CAIRNS(Executive Officer, Director, Promoter)inJOHN REDFERN(Executive Officer)inJEANINE VANY(Executive Officer)inMATTHEW A. TOEWS(Executive Officer)inRYAN MICHALUK(Executive Officer)inDEREK NORMAN RIDDELL(Executive Officer, Director)

Co-investorsVickers Venture PartnersBDC Capital CorporationBHP Venturesbp venturesTemasek

EnerPureenerpure.techinAug 2026

EnerPure recycles used motor oil (UMO) using small modular recycling plants and a patented process, converting the waste product into a marine fuel product sold to shipping companies.

Circular EconomyCleantechEnergyWinnipeg

Robert Peterson(Director)Norman Barnabe(Director)Todd Habicht(Executive Chairman & Founder)Douglas Kroeker(Executive Officer)Tammy Habicht(Director)Albert Krahn(Director)

Co-investorsRed River Métis Business Development CorporationRiceRice Investment Group

Hydrostorhydrostor.cain

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

Co-investorsAmplify CapitalBild Alternative Investments CorporationPlaza VenturesArcTern Ventures

Solugensolugen.comin𝕏Mar 2026 · $50M

Solugen develops a biomanufacturing platform using fermentation and bioprocessing technology to produce specialty chemicals at scale.

Advanced ManufacturingBiotechCleantechClimate TechHealthtechHouston, US

Sean Hunt(Founder/CTO)inGaurab Chakrabarti(Founder)in

BoardSeth Bannon(Director)in

Co-investorsFifty YearsFounders FundLowercarbon CapitalY CombinatorBaillie GiffordGIC+23 more

Varme Energyvarme.cain

Varme is developing next-generation waste-to-energy facilities equipped with carbon capture technology.

Circular EconomyCleantechClimate TechEnergy

Sean Collins(Chief Executive Officer)inAndreas Grav Karlsen(President & CCO)in

Co-investorsEdmonton Unlimited

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

CGFIdéaliste CapitalLithium Amérique du Nord

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Canada Growth Fund made?
Canada Growth Fund has 11 tracked investments, including 6 dated in the last 24 months.
What stage does Canada Growth Fund invest at?
Canada Growth Fund invests at the Growth stage.
What sectors does Canada Growth Fund focus on?
Canada Growth Fund focuses on AgTech, Circular Economy, Cleantech, Climate Tech, Energy, Mobility & Transportation, New Materials.
Where is Canada Growth Fund located?
Canada Growth Fund is headquartered in Montreal, CA.
Who does Canada Growth Fund co-invest with?
Canada Growth Fund most often shares deals with Congruent Ventures, Founders Fund, FundersClub, among 22 tracked co-investors.

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