Fundraising Fox

Ecofuel Fund

Venture capital

Montreal · Pre-Seed–Seed · 8 people tracked

Find your way into Ecofuel Fund

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

Sara Zulkoskyunlockedknows Johanne Sévigny · together at Recast Capital (overlapped)
×5knows the team · via Université Laval
knows the team · via Polytechnique Montréal
×4knows the team · via HEC Montréal
knows the team · via Flow Traders
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Investment thesis

Ecofuel Fund is a venture capital fund focused on cleantech startups. It provides smart capital to pre-seed and seed stage companies that develop and commercialize clean technologies delivering high environmental impact.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Seed
Check
$1.5M
HQ
Montreal, CA
Instruments
Equity
Tracked investments
25

Team · 8 people

from the firm's website & curated

What they invest in

from 16 of 25 portfolio companies

Cleantech ×7Hardware ×7AI & Machine Learning ×4Deep Tech ×4Energy ×4Semiconductors ×4AgTech ×3Circular Economy ×3

HQs:Canada×7

Investments · 25 tracked

founders shown can be your intro path

By year:2023 · 12019 · 12 dated

059_companies_PYRpyrowave.comin𝕏

Pyrowave develops microwave-based electrification technologies for chemical recycling of plastics, including depolymerization of polystyrene into virgin-identical styrene monomer, feedstock nanopurification, low-carbon cement, and carbon fiber recovery from composites.

Circular EconomyCleantechNew Materials

Jean-Philippe Laviolette(Founder)in

Co-investorsForesight

Aecopaqaecopaq.ca
Aeponyxaeponyx.comin

AEPONYX develops photonic integrated circuits and related microfabrication technologies for telecommunications and data communication applications.

Deep TechHardwareSemiconductors

Philippe Babin(CEO)inDamien Michel(Sr. VP Product and Technologies)in

Co-investorsPangaea Ventures Us Inc.

Axyaaxya.co

Félix Bélisle Dockrill(Founder)in

Co-investorsFront Row Ventures

Biotechnologies Ulysseulysse-biotech.comin

Ulysse Biotech develops certified biological biostimulants based on Bacillus PGPR consortiums and greenhouse hygiene products for greenhouses and field crops.

AgTechBiotechTrois-Rivières, CA

BluWave-AIbluwave-ai.comin

BluWave-ai provides an artificial intelligence-powered SaaS platform that optimizes renewable energy generation, energy storage, and electric vehicle charging for utilities, grid operators, and enterprises.

AI & Machine LearningCleantechClimate TechEnergySaaSOttawa, CA

Devashish Paul(CEO & Founder)in

Brilliant Mattersbrilliantmatters.comin𝕏

Brilliant Matters develops organic semiconductors through research and engineering expertise in materials and chemistry.

CleantechDeep TechNew MaterialsSemiconductorsQuebec City, CA

Mario Leclerc(Supervisor/Professor)

Calogy Solutionscalogysolutions.comin

Calogy Solutions develops thermal management systems and modular battery packs for industrial and mobility applications.

CleantechEnergyHardware

Co-investorsCreative Destruction Lab (CDL)

Chrysalabschrysalabs.comin

ChrysaLabs provides soil carbon measurement, reporting, and verification (MRV) using patented direct-contact proximal sensing technology deployed in field soil.

AgTechClimate TechDeep Tech

Samuel Fournier(Founder)in

Co-investorsCreative Destruction Lab (CDL)Emmertech

Electrobacelectrobac.comin

Electrobac operates e-waste collection bins that accept small electronics like phones, tablets, and chargers for responsible recycling and disposal.

Circular EconomyCleantechHardware

FTEXftex.cain𝕏

FTEX develops power electronics systems using GaN (gallium nitride) transistors for electric vehicles, offering high-efficiency DC/DC converters and inverter solutions.

CleantechEnergyHardwareIoTMobility & TransportationSemiconductorsMontreal, CA

Co-investorsFront Row Ventures

Global Spatial Technology Solutions Incgsts.cain𝕏

A maritime domain awareness and intelligence platform that transforms operational data into actionable intelligence for logistics and shipping organizations to optimize operations, manage risks, and maintain supply chain visibility.

AI & Machine LearningClimate TechData & InfrastructureEnterprise SoftwareLogistics & Supply Chain

Co-investorsInnovative Solutions Canada

HaiLahaila.ioinOct 2023 · $10.3M

HaiLa develops ultra-low-power radio frequency (RF) connectivity technology, referencing a 5 microwatt RF solution for wireless communication.

HardwareIoTSemiconductors

Charlotte Savage(Founder)in

Co-investorsChrysalixTandemLaunchStanford University

Helios UAVheliosuav.com
Impactfulhrdimpactfulhrd.com
INNO-3Binno-3b.comin𝕏

Inno-3B develops vertical farming equipment that uses automation and digitalization in a closed-loop environment to grow organic greens.

AgTechFoodTechHardware

Martin Brault(Chief Executive Officer, co-founder)inPierre Boulanger(co-founder)in

MATERIUMmateriuminnovations.com
Maxwellian Incmaxwellian.com

Co-investorsInnovative Solutions Canada

Nexusroboticsnexusrobotics.ca
Opatechopatech.ca
ORAora-sound.comin𝕏

Ora develops loudspeaker membranes made from graphene (GrapheneQ) that reduce harmonic distortion, lower power consumption, and increase sound pressure levels.

Deep TechHardwareNew Materials

Co-investorsBoxOne Ventures

Potlocpotloc.comin𝕏Jul 2019

Potloc operates an AI-assisted, expert-led survey platform that uses social media sampling to source respondents and deliver primary market research insights.

AI & Machine LearningData & InfrastructureSaaSMontreal, CA

Rodolphe Barrere(Co-Founder & CEO)inLouis Delaoustre(Co-Founder & COO)inJulien Smith(Director)

BoardVidal Romain(Director)Jaccques Perreault(Director)

Co-investorsFirst Ascent VenturesBrightspark VenturesCAP HORN VCDesjardins Capital

RailVision Analyticsrailvision.ca

Co-investorsBlackhorn VenturesTrucks VC

Repoweredbatteriesrepoweredbatteries.ca

RePowered Batteries evaluates surplus, end-of-life, RMA, and recalled battery inventory (post-consumer, industrial, and EV) to determine remaining value and repurpose batteries into new applications.

Circular EconomyCleantechEnergy

Rithmik Solutionsrithmik.comin

Rithmik provides condition-based failure detection and diagnostics for heavy mining equipment, analyzing subsystem data to identify root causes of performance degradation before OEM alarms trigger.

Advanced ManufacturingAI & Machine LearningSaaS

Co-investorsChrysalixSproutxCycle Momentum

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Ecofuel Fund made?
Ecofuel Fund has 25 tracked investments.
What stage does Ecofuel Fund invest at?
Ecofuel Fund invests at the Pre-Seed, Seed stages.
What is Ecofuel Fund's typical check size?
Ecofuel Fund typically writes checks of $1.5M.
What sectors does Ecofuel Fund focus on?
Ecofuel Fund focuses on Cleantech, Climate Tech, Impact & Social Good.
Where is Ecofuel Fund located?
Ecofuel Fund is headquartered in Montreal, CA.
Who does Ecofuel Fund co-invest with?
Ecofuel Fund most often shares deals with Chrysalix, Creative Destruction Lab (CDL), Front Row Ventures, among 12 tracked co-investors.

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