NGIF Capital
Venture capitalOttawa · Seed–Series B · 16 people tracked
Investment thesis
NGIF Capital invests in early-stage clean-technology companies through its Cleantech Ventures Fund I, a $55 million industry-led fund. The firm leverages deep energy industry connections across the value chain to support technologies that improve environmental performance in the energy sector. Its focus areas include natural gas production, transmission, distribution, storage, and end-use applications, as well as expanding production of renewable natural gas and hydrogen.
Source: firm website, verified Aug 3, 2026.
Team · 16 people
from the firm's website & public directoriesWhat they invest in
from 12 of 44 portfolio companiesCleantech ×10Energy ×9Climate Tech ×7Hardware ×3Advanced Manufacturing ×2Deep Tech ×2Enterprise Software ×2IoT ×2
HQs:Canada×10United States×3
Investments · 44 tracked
founders shown can be your intro pathBy year:2025 · 12022 · 12016 · 13 dated
Drilling contractor participating in fuel and power efficiency field testing of rig power systems.
Qube IoT provides continuous emissions monitoring systems for industrial sites, measuring multiple air quality compounds and enabling operators to track environmental compliance and operational performance.
CleantechClimate TechIoTCalgary, CA
Tej Grewal(Co-founder)
Drone service provider with drone-based methane sensors for leak detection in natural gas facilities.
Developing an integrated single-box hybrid unit to replace furnaces, boilers, air-conditioners, and water heaters with higher energy efficiency.
Enzyme-based reactor converting harmful emissions into low-carbon fuels and specialty chemicals.
Develops and operates robots for pipe corrosion detection in the oil and gas industry.
Developing smart fuel-switching controllers for cost-effective hybrid HVAC systems.
Developing a carbon capture membrane to remove CO2 from natural gas power plant flue emissions.
Advanced chemistry for industrial wastewater treatment, reducing chemical use and improving water performance.
Carbonova uses a patented catalytic process to convert captured CO2, methane, and waste heat from manufacturing emissions into carbon nanomaterials.
CleantechClimate TechNew MaterialsCalgary
Mina Zarabian(CEO)Chris Cornille(Executive)Susannah Robinson(Talent/Organizational Lead)Todd Pugsley(Technical/Operations Lead)
BoardMichael Wellwood(Managing Director, 88 Street Capital)Susan Riddell Rose(Director)
Co-investorsCreative Destruction Lab (CDL)Foresight
SulfaCHAR production system that removes toxic H2S from biogas.
CHAR Tech develops high-temperature pyrolysis technology that converts woody materials and organic waste into renewable energy (natural gas and hydrogen) and biocarbon products.
Circular EconomyCleantechClimate TechEnergyToronto, CA
Remote power generation company whose EPOD product eliminates methane emissions from pneumatic devices.
Retrofitted a net-zero, off-grid office space using clean technologies and natural gas.
Developed a Pulse Methane Pyrolysis platform for low-cost, scalable industrial hydrogen production with reduced CO2.
Ekona Power develops methane pyrolysis technology to produce clean hydrogen and carbon black while reducing greenhouse gas emissions from natural gas.
CleantechClimate TechEnergyBurnaby, CA
Jackie Hesketh(CEO)Dejan Sparica(COO)inGary(Chief Commercial Officer)Marty Reed(Director)Chris Reid(Executive Officer, Director)Nigel Jervey(Director)
Co-investorsCDP Venture CapitalMitsui & Co
Adsorption-based green cooling technology for integrated quad-generation (electricity, cooling, heating, CO2).
Drilling contractor participating in fuel and energy efficiency field testing of rig power systems.
Etalim builds the 1GEN, a thermo-acoustic power generator that produces electricity from field gas, natural gas, or propane with no sliding or rotating parts in its core engine.
CleantechEnergyHardwareBurnaby, CA
Maarten Elferink(CEO)Thomas Steiner(CTO)
G4 Insights produces renewable natural gas from wood waste using a proprietary low-temperature pyrolytic process, targeting applications in power generation and transportation fuel.
AgTechCleantechClimate TechEnergyBurnaby, CA
SaaS for logistics optimization of wastewater disposal using geospatial algorithms.
Galatea develops software for waste management, dangerous goods transportation, and digital truck ticketing in the oil and gas sector.
EnergyLogistics & Supply ChainSaaSCalgary, CA
Chad Hayden(CEO)Cara Haberstock(COO)
Co-investorsASCENT ENERGY VENTURESStaircase VenturesForesight
GHGSat monitors greenhouse gas emissions at the facility level using a dedicated satellite constellation and aircraft sensors, providing independent emissions data and analytics.
CleantechClimate TechEnterprise SoftwareSpace TechMontreal, CA
Stéphane Germain(Founder, President & CEO)in
Co-investorsClimate InvestmentSpace CapitalYaletown Partners
Installing CNG dual-fuel systems on heavy-duty engines to displace diesel and cut emissions.
Optimizing combustion by displacing diesel with natural gas and RNG to cut emissions.
Hybrid technology combining gas absorption and air source heat pumps with smart energy controls.
Hydrogen Optimized builds RuggedCell alkaline electrolyzers based on Stuart unipolar technology, designed for durability of 25+ years without stack replacements and to withstand renewable power start/stop cycles.
CleantechEnergyHardwareOwen Sound, CA
Andrew Stuart(Co-founder)
Dual-fuel technology enabling heavy-duty truck engines to displace up to 50% of diesel with natural gas.
Membrane contactor-based carbon capture systems for small to mid-size industrial emitters.
Ionomr develops ion-exchange membrane and polymer materials for clean energy applications including fuel cells, hydrogen production, and energy storage.
CleantechDeep TechEnergyNew MaterialsVancouver, CA
Benjamin Britton, PhD.Bill Haberlin(CEO)
Co-investorsPallasite Ventures
Developer of shape memory alloy linear actuators and piston pumps that reduce methane emissions at well sites.
Kinitics Automation develops motion control actuators and pumps using shape memory alloy technology for applications in automotive, power generation, and industrial sectors.
Advanced ManufacturingCleantechDeep TechEnergyHardwareIoTVancouver, CA
Co-investorsSFU VentureLabsWUTIF Capital
Methane monitoring provider using short-wave infrared cameras to detect hydrocarbon emissions in real time.
Co-investorsClimate Innovation Capital
New York-based developer of miniaturized semiconductor gas sensors for IoT air-quality and safety applications.
Chandler, US
James R Small(Executive Officer, Promoter)
Aerial sensing provider using thermal infrared hyperspectral imaging to identify and quantify gas leaks.
Manufacturer of emission monitoring systems including the ARMS Smartpole multi-gas detection system.
Maker of the KL8 instrument air and power unit for gas well sites.
Developed a compact, efficient 10-piston air compressor for remote oil and gas well sites.
AirBreather pilot uses excess heat from natural gas production to treat produced water on-site.
Green photocatalytic process converting CO2 and methane into synthesis gas using solar-activated nanomaterials.
Smart tank pressure control equipment to monitor and minimize emissions from liquid storage tanks.
Piney Flats, US
Michael Garrabrant(Executive Officer, Director)Sandra Garrabrant(Executive Officer)Matthew Bisgyer(Director)
BoardMorrison J. Carter(Director)Lindsay Luger(Director)James Laurito(Director)
Thermal compression heat pump combining heating, cooling, and hot water in a single appliance using the Hofbauer Cycle.
Validere provides data clarity and analytics into physical and environmental commodities in the energy supply chain.
Advanced ManufacturingClimate TechData & InfrastructureEnergyEnterprise SoftwareSaaSHouston, US
Nouman Ahmad(Founder/CEO)inIan Burgess(Co-Founder, President and CTO)inIan Burgess, Ph.D.(Co-Founder, President & Chief Technology Officer)Caelum Kamps(Chief Operating Officer (also reported as VP, Product & Services))Matthew Goldsilver(VP, Finance)Jana Shelford(VP, Talent and Culture)
Co-investorsBlackRockCathexis VenturesGreylock PartnersMoment Ventures, LlcWingY Combinator+1 more
Exits · 1
IPOs and acquisitions across the tracked portfolioPrecision DrillingNYSE: PDS
Portfolio news
latest coverage across their companiesCarbonova · calgary.tech · Dec 10, 2025
Validere · Business Wire · May 21, 2025
Frequently asked questions
- How many investments has NGIF Capital made?
- NGIF Capital has 44 tracked investments, including 1 dated in the last 24 months.
- What stage does NGIF Capital invest at?
- NGIF Capital invests at the Seed, Series A, Series B stages.
- What is NGIF Capital's typical check size?
- NGIF Capital typically writes checks of $182.5K – $2.2M.
- What sectors does NGIF Capital focus on?
- NGIF Capital focuses on AgTech, AI & Machine Learning, Cleantech, Climate Tech, Energy, Fintech, Hardware, Mobility & Transportation, New Materials.
- Where is NGIF Capital located?
- NGIF Capital is headquartered in Ottawa, CA.
- Who does NGIF Capital co-invest with?
- NGIF Capital most often shares deals with Foresight, Greylock Partners, Moment Ventures, Llc, among 17 tracked co-investors.
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