Ecofuel Fund
Venture capitalMontreal · Pre-Seed–Seed · 7 people tracked
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.
Team · 7 people
from the firm's websiteWhat they invest in
from 16 of 25 portfolio companiesHardware ×7Cleantech ×6AI & Machine Learning ×4Deep Tech ×4AgTech ×3Circular Economy ×3Energy ×3New Materials ×3
HQs:Canada×5
Investments · 25 tracked
founders shown can be your intro pathPyrowave 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
Co-investorsForesight
AEPONYX develops photonic integrated circuits built on silicon nitride, integrating planar MEMS and optical switching technology to produce small, fast, and energy-efficient photonics products.
Deep TechHardwareSemiconductors
Co-investorsPangaea Ventures Us Inc.
Co-investorsFront Row Ventures
Ulysse Biotech develops certified biological biostimulants based on Bacillus PGPR consortiums and greenhouse hygiene products for greenhouses and field crops.
AgTechBiotechTrois-Rivières, CA
BluWave-ai builds AI software products that predict and optimize renewable energy, battery storage, and electric transportation assets, including smart grid predictors, energy storage and data center autopilots, and EV fleet orchestration.
AI & Machine LearningCleantechEnergy
Brilliant Matters develops high-purity, solution-processable organic semiconductor materials for organic photovoltaics, photodetectors, electrochromic devices, and thin-film transistors.
CleantechDeep TechNew Materials
Calogy Solutions develops thermal management technology and modular battery systems for e-mobility, energy storage, and power electronics applications.
CleantechEnergyHardware
Co-investorsCreative Destruction Lab (CDL)
ChrysaLabs provides soil carbon measurement, reporting, and verification (MRV) using patented direct-contact proximal sensing technology deployed in field soil.
AgTechClimate TechDeep Tech
Co-investorsCreative Destruction Lab (CDL)Emmertech
Electrobac provides a smart bin ("Smartbin") for collecting and recycling small electronics.
Circular EconomyCleantechHardware
FTEX develops the Evionics platform, including an IoT motor controller and companion app for electric vehicles, aimed at extending range and improving rider control.
HardwareIoTMobility & TransportationMontreal, CA
Co-investorsFront Row Ventures
Global Spatial Technology Solutions (GSTS) develops OCIANA®, an AI and big-data platform providing real-time predictive intelligence, planning, and risk management for the maritime and logistics industry.
AI & Machine LearningClimate TechLogistics & Supply Chain
Co-investorsInnovative Solutions Canada
HaiLa develops ultra-low-power radio frequency (RF) connectivity technology, referencing a 5 microwatt RF solution for wireless communication.
HardwareIoTSemiconductors
Co-investorsChrysalixTandemLaunch
Co-investorsInnovative Solutions Canada
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
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)Louis Delaoustre(Co-Founder & COO)Julien Smith(Director)
BoardVidal Romain(Director)Jaccques Perreault(Director)
Co-investorsFirst Ascent VenturesBrightspark VenturesCAP HORN VCDesjardins Capital
Co-investorsBlackhorn VenturesTrucks VC
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 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
Portfolio news
latest coverage across their companiesPotloc · theentrepreneurstory.com · May 14, 2026
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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