Vancouver has 492 cleantech firms and raised $2.2B in climate capital from 2019 to 2024. These 13 investors - from specialist climate funds to BC's provincial fund - are actively writing checks into Vancouver cleantech companies in 2026.
Vancouver's cleantech funding scene splits into two distinct groups. The first is specialist climate capital - Evok Innovations, Pangaea Ventures, Renewal Funds - that has a hard thesis around decarbonization and won't look at you if you're not genuinely reducing emissions. The second is BC generalist funds with a cleantech allocation - Yaletown Partners, InBC, BDC Capital - that back climate companies alongside other sectors.
Both matter. The specialist funds get you in front of strategic LPs who bring procurement relationships and pilot sites. The generalist BC funds move faster on term sheets and stay close when things go sideways. The best-funded Vancouver cleantech companies have both types on their cap table.
Vancouver leads Canada as North America's cleantech hub by company density. Foresight Canada, which runs the annual Foresight 50 competition judged by 30+ cleantech investors, is based here. So is Spring Impact Capital, Pangaea Ventures, Evok Innovations, and Renewal Funds.
Before you reach out to any of these 13 investors, get your materials organized. Read what documents go in a data room so you're ready when diligence starts.
| Stage | Check size | Sector focus | Contact | |
|---|---|---|---|---|
| Evok Innovations | Series A, Series B | $5M-$30M | Energy transition, industrial decarbonization | evokinnovations.com |
| Pangaea Ventures | Series A, Series B | $3M-$5M | Hard tech, materials, critical minerals | pangaeaventures.com |
| Renewal Funds | Seed, Series A | $1M-$5M | Environmental tech, sustainable CPG | renewalfunds.com |
| Yaletown Partners | Seed, Series A, Growth | $1M-$15M | Industrial AI, climate tech, advanced analytics | yaletown.com |
| InBC Investment Corp. | Seed, Series A | $2M-$15M | Cleantech, deep tech, AI | inbcinvestment.com |
| BDC Capital | Seed, Series A | $500K-$5M | Cross-sector cleantech, deep tech | bdc.ca |
| Canada Growth Fund | Growth, commercial scale | $50M-$200M+ | Carbon capture, critical minerals, clean fuels | cgf-fcc.ca |
| Spring Impact Capital | Pre-seed, Seed | $250K-$400K | Cleantech, healthtech | springimpactcapital.com |
| Export Development Canada (EDC) | Series A, Series B | $5M-$50M | Export-ready cleantech | edc.ca |
| Greensoil PropTech Ventures | Series A, Series B | $5M-$22M | Built environment, decarbonization tech | gspv.vc |
| Vanedge Capital | Seed, Series A, Series B | $1M-$15M | Hard tech, AI, advanced materials | vanedgecapital.com |
| Foresight Canada | Pre-seed (non-dilutive) | Program support | All cleantech verticals | foresightcac.com |
| BMW i Ventures | Series A, Series B | $5M-$30M | Clean mobility, critical minerals, energy | bmwiventures.com |
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Start free 14-day trialWhat is a Vancouver cleantech investor?
A Vancouver cleantech investor backs companies reducing emissions, extracting critical minerals cleanly, or building the infrastructure of the energy transition. They differ from generalist VCs because they evaluate technology readiness level (TRL), lifecycle emissions, and commercialization pathway - not just market size.
Check sizes range from $250K pre-seed at Spring Impact Capital to $200M+ from Canada Growth Fund for commercial-scale projects. Most Series A cleantech rounds in Vancouver land between $5M and $30M. Getting to Series A requires a working pilot, measurable emissions reduction, and at least one paying customer or off-take agreement.
Vancouver cleantech investors aren't looking for sustainability claims. They want unit economics. The ones who've been burned by TRL 4 companies that never made it to commercial scale ask exactly where your technology sits and who your first industrial customer is. Don't walk in without those answers.
For context on how these investors approach diligence, read how investors review a data room. Use Ellty to share your technical documentation as a trackable link - you'll know whether a partner reviewed your TRL data before your next call. For parallel context on Canadian climate investment, see the Toronto cleantech investors list.
Cleantech is no longer a niche sector - it is the bedrock of our future economy and industrial strategy.
13 top Vancouver cleantech investors
1. Evok Innovations
Vancouver's largest dedicated cleantech fund targeting industrial decarbonization across North America. Founded in 2016 by Suncor, Cenovus, and the BC Cleantech CEO Alliance, Evok is now raising Fund III at $400M USD as of April 2026.
- Recent Deals: Rodatherm $52.6M Series A lead (September 2025, largest-ever geothermal startup first raise); ARIX Series B participation (January 2026); Disa Technologies $30M Series A2 (August 2025); Fund III targeting $400M (April 2026)
- LinkedIn: Evok Innovations LinkedIn
- Sector Focus: Geothermal, carbon management, clean fuels, electrification, critical minerals
- Stage Focus: Series A, Series B
- Location: Vancouver, BC
- Website: evokinnovations.com
2. Pangaea Ventures
World-leading hard tech VC based in Vancouver, focused on materials, chemistry, and biology for planetary health. Their Fund V at $115M CAD closed April 2024 and is actively deploying into Series A cleantech companies.
- Recent Deals: pH7 Technologies $25.6M Series B participation (December 2025, critical metals extraction); 42 companies in portfolio; 3 new investments in past 12 months; fund includes BASF Venture Capital and BHP Ventures as LPs
- LinkedIn: Pangaea Ventures LinkedIn
- Sector Focus: Advanced materials, critical minerals, clean energy chemistry, water tech
- Stage Focus: Series A, Series B
- Location: Vancouver, BC / Phoenix, AZ
- Website: pangaeaventures.com
3. Renewal Funds
Canada's largest mission-focused VC at $145M CAD (Renewal4). They back environmental tech and sustainable consumer products. Unlike most cleantech VCs, Renewal will fund sustainable CPG - if your company balances profitability with measurable environmental outcomes, they'll consider it.
- Recent Deals: Renewal4 $145M close with BDC Capital, The Co-operators, and $20M federal VCCI Clean Tech stream allocation; 140+ investors in fund; active US and European co-investor participation
- LinkedIn: Renewal Funds LinkedIn
- Sector Focus: Environmental technology, sustainable consumer products, circular economy
- Stage Focus: Seed, Series A
- Location: Vancouver, BC
- Website: renewalfunds.com
4. Yaletown Partners
Vancouver's $600M AUM generalist fund with an explicit Intelligent Industry thesis. GHGSat (satellite methane detection) and Nanoprecise (industrial AI for machine health) show what Yaletown backs in climate tech - AI-enabled measurement and efficiency, not deep science bets.
- Recent Deals: GHGSat $47M Series C participation (September 2025); Nanoprecise $38M Series C lead (2025); IGF III $100M first close (July 2025) targeting $250M; 20+ exits across digital and industrial software
- LinkedIn: Yaletown Partners LinkedIn
- Sector Focus: Industrial AI, climate measurement, advanced analytics, energy efficiency
- Stage Focus: Seed, Series A, Growth
- Location: Vancouver, BC
- Website: yaletown.com
5. InBC Investment Corp.
BC's $500M provincial fund with an explicit cleantech mandate. They backed Svante, Mangrove Lithium, and 4AG Robotics, and co-invested with nearly every BC cleantech fund on this list. If your company is BC-based and the IP is Canadian-owned, InBC should be your first call.
- Recent Deals: Svante carbon capture facility support (Burnaby); Mangrove Lithium co-investor alongside CGF US$85M (January 2026); 4AG Robotics Series B $40M participation; 38 BC companies in portfolio; $81M invested in FY 2024/25
- LinkedIn: InBC Investment Corp. LinkedIn
- Sector Focus: Cleantech, deep tech, AI, life sciences, critical minerals
- Stage Focus: Seed, Series A (also LP in VC funds)
- Location: Vancouver, BC
- Website: inbcinvestment.com
Send your deck with trackable links
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Start free 14-day trial6. BDC Capital
Canada's most active co-investor by deal count. BDC's Cleantech Practice has crossed $500M in cumulative commitments, with 50+ portfolio companies including Svante and Axine Water Technologies. For Vancouver cleantech founders, BDC is often the first co-investment check alongside a specialist lead.
- Recent Deals: Novarc $50M Series B participation (March 2025); 4AG Robotics Series B co-investor; Intelligent City Series A co-investor (alongside Greensoil); $500M+ cumulative cleantech commitments
- LinkedIn: BDC Capital LinkedIn
- Sector Focus: Cross-sector cleantech, deep tech, advanced manufacturing
- Stage Focus: Seed, Series A (also pre-seed and growth)
- Location: Vancouver, BC (national mandate)
- Website: bdc.ca
7. Canada Growth Fund (CGF)
Federal government's $15B catalytic capital vehicle, deploying into Canadian cleantech at commercial scale. Not for early-stage companies - they write $50M to $200M+ structured financings alongside strategic private investors. If you're at commercial deployment and need patient capital with a government backstop, CGF is the only Canadian vehicle at this scale.
- Recent Deals: Mangrove Lithium US$85M structured financing lead (January 2026, alongside BMW i Ventures and Breakthrough Energy Ventures); Svante US$100M convertible notes (August 2024); active pipeline across carbon capture, critical minerals, and clean fuels
- LinkedIn: Canada Growth Fund LinkedIn
- Sector Focus: Carbon capture and storage, critical minerals, clean fuels, hydrogen
- Stage Focus: Commercial scale (not early stage)
- Location: Ottawa, ON (active BC deal flow)
- Website: cgf-fcc.ca
8. Spring Impact Capital
Vancouver's early-stage climate fund. Closed their $14M fund in October 2025, backed by First West Credit Union, University of Victoria, and Boann. They write $250K to $400K checks for pre-seed and seed cleantech founders who are too early for Evok or Pangaea.
- Recent Deals: BioAlert Solutions seed; RetinaLogik seed; Skyward Wildfire seed; $2M+ deployed to 8 startups; team named 2026 Clean50 and Clean16 honourees; plans to back up to 25 startups from this fund
- LinkedIn: Spring Impact Capital LinkedIn
- Sector Focus: Pre-commercial cleantech, wildfire tech, environmental monitoring, healthtech
- Stage Focus: Pre-seed, Seed
- Location: Vancouver, BC
- Website: springimpactcapital.com
9. Export Development Canada (EDC)
Canada's export credit agency writes equity checks alongside debt instruments - most cleantech founders don't realize this. EDC led Novarc's $50M Series B in March 2025. For BC cleantech companies with clear export potential to US, EU, or Asia-Pacific markets, EDC is an underused source of growth capital.
- Recent Deals: Novarc $50M Series B lead (March 2025); GHGSat $47M Series C participation (September 2025); Yaletown IGF III LP participation (July 2025); active co-investment across BC deep tech with export potential
- LinkedIn: Export Development Canada LinkedIn
- Sector Focus: Export-ready cleantech, advanced manufacturing, environmental monitoring
- Stage Focus: Series A, Series B (equity plus debt instruments)
- Location: Ottawa, ON (active Vancouver deal flow)
- Website: edc.ca
10. Greensoil PropTech Ventures
Toronto-based fund with active Vancouver deal flow focused on decarbonizing the built environment. Led a $22M Series A in Intelligent City (Vancouver-based prefab construction AI) alongside BDC. For cleantech founders addressing building efficiency or construction decarbonization, Greensoil is the most active investor in this niche.
- Recent Deals: Intelligent City $22M Series A lead (alongside BDC); CABN strategic investment (July 2025, sustainable prefab); Virtual Peaker follow-on (February 2025); Miru Smart Technologies investment (Vancouver, smart window tech)
- LinkedIn: Greensoil PropTech Ventures LinkedIn
- Sector Focus: Built environment decarbonization, smart buildings, sustainable construction
- Stage Focus: Series A, Series B
- Location: Toronto, ON (active Vancouver deal flow)
- Website: gspv.vc
11. Vanedge Capital
Vancouver's most technical early-stage fund. Not a dedicated cleantech fund, but their hard tech thesis covers materials science, semiconductors, and AI systems that overlap directly with cleantech applications.
- Recent Deals: NeuroBionics $10M seed co-lead (December 2025); Mojo Vision $75M Series B Prime participation (September 2025); Fund IV with InBC $10M LP commitment (March 2025); $500M+ AUM across four funds
- LinkedIn: Vanedge Capital LinkedIn
- Sector Focus: Hard tech, AI infrastructure, advanced materials, semiconductors
- Stage Focus: Seed, Series A, Series B
- Location: Vancouver, BC
- Website: vanedgecapital.com
12. Foresight Canada
Not a VC fund - Foresight is BC's cleantech accelerator and the most direct route to Vancouver climate capital. Their Foresight 50 program, judged by 30+ investors including Pangaea, Spring, and RBCx, puts BC founders in front of active investors. Past Foresight 50 honourees have raised $3.2B+ collectively.
- Recent Deals: 2026 Foresight 50 applications open until June 30, 2026; winners announced in Vancouver in November 2026; inaugural Canadian Cleantech Awards at Web Summit Vancouver (May 2026); past honourees include Mangrove Lithium, Arca, Carbon Upcycling
- LinkedIn: Foresight Canada LinkedIn
- Sector Focus: All BC cleantech verticals (accelerator, not investor)
- Stage Focus: Pre-seed to growth (program support, not capital)
- Location: Vancouver, BC
- Website: foresightcac.com
13. BMW i Ventures
Corporate VC arm of BMW Group, actively deploying into BC critical minerals and clean mobility. Co-invested alongside CGF in Mangrove Lithium's US$85M round in January 2026. For Vancouver companies in EV supply chain, critical minerals, or clean mobility software, BMW i Ventures is a realistic co-investor at Series A and above.
- Recent Deals: Mangrove Lithium US$85M structured financing co-investor (January 2026, alongside CGF and Breakthrough Energy Ventures); active global deployment in clean mobility; BC critical minerals focus
- LinkedIn: BMW i Ventures LinkedIn
- Sector Focus: Clean mobility, critical minerals, energy storage, battery tech
- Stage Focus: Series A, Series B
- Location: Mountain View, CA / Munich (active Canada deal flow)
- Website: bmwiventures.com
How to verify a cleantech fund is still deploying
Not every cleantech fund on a list is actively writing checks. Some are managing existing portfolios and not taking new deals. This wastes your time if you don't filter first.
Check the fund's most recent announced investment on Crunchbase or Tracxn. If the last deal was over 18 months ago, the fund may be between vehicles or focused on portfolio support. Most actively-deploying Vancouver cleantech funds announce deals publicly within weeks.
Look at fund vintage. Evok's Fund II closed in 2022 and is now raising Fund III. Pangaea's Fund V closed April 2024. Spring Impact Capital's fund closed October 2025. Active deployment typically happens in the first three to four years of a fund's life. Organize your fundraising materials before reaching out - you won't know when a fast-moving fund will ask.
Where to find cleantech investors in BC
The two most reliable entry points are Foresight Canada events and the BC Pavilion at Web Summit Vancouver. Foresight's Foresight 50 competition puts BC founders in front of 30+ active investors. Applications for the 2026 cohort close June 30.
Web Summit Vancouver brought 768 investors to the Vancouver Convention Centre in May 2026. The Climate Innovation Zone, run by NorthX, is specifically designed for cleantech deal-making at the event. BC cleantech companies that came prepared with materials closed conversations faster.
Use Ellty to set up a seed round data room before any event. Investors ask for materials on the spot. Send a trackable link immediately - you'll know which ones engage with your technical data within hours of the conversation. Check what documents go in a data room to ensure your diligence package is complete.
How cleantech investors evaluate technical due diligence
Vancouver cleantech investors evaluate technology readiness level (TRL) before anything else. TRL 1-3 is academic - most VCs won't touch it. TRL 4-6 (lab or pilot proven) is where Evok and Pangaea start looking seriously. TRL 7+ is where CGF and EDC start writing large checks.
The second filter is emissions measurement. In 2026, most serious cleantech VCs ask for third-party lifecycle analysis or measured pilot data - not modeled spreadsheet outputs. Self-reported projections don't hold up in diligence.
Dead pilots kill deals fast. If you've been running a customer pilot for 12+ months without a signed commercial agreement, every investor on this list will flag it. One paying customer with a real contract beats five enthusiastic pilots in your deck every time. Use Ellty to organize your pilot results, LCA data, and financial model - share a trackable link so partners review your evidence before the first call. Read how investors run due diligence to understand what they check.
How to pitch a Vancouver cleantech investor
Five steps for founders raising from cleantech investors in Vancouver in 2026.
- 1.Lead with your TRL and real pilot dataOpen every pitch with your technology readiness level and measured outcomes. Vancouver cleantech investors filter on evidence first - market size slides come second.
- 2.Show emissions reduction with third-party dataSelf-reported projections don't hold up in diligence. Bring verified pilot performance data before any partner meeting progresses.
- 3.Know exactly when your pilot convertsEvery investor will ask when your pilot converts to a paid contract. Know the terms and timeline - not a vague 'we're in discussions' answer.
- 4.Build your data room before Foresight or Web SummitUpload your technical docs, LCA data, and pilot results to Ellty. Cleantech investors at BC events request materials on the spot - be ready.
- 5.Send each investor a unique trackable linkUse Ellty's per-investor links to see who reviews your technical data. If a partner reads your emissions section twice, follow up that day.
How Ellty helps you land a Vancouver cleantech investor
You've found the right 13 investors. Now get your materials in front of them before the conversation goes cold. Upload your cleantech pitch documents to Ellty and send a unique trackable link to each investor you contact.
- 1.Build your cleantech data room and upload all filesCreate an Ellty data room and upload your pitch deck, pilot data, and LCA report. Vancouver cleantech investors request technical evidence within hours of any serious first conversation.
- 2.Configure link permissions to protect your IPRequire email verification before any investor accesses your cap table or pilot IP. Use screenshot protection for proprietary process data and unreleased technology documents.
- 3.Get instant alerts when investors open your materialsKnow which investors open your files and how long they spend on each slide. If an Evok partner reads your LCA section twice, follow up on that data the same day.
Common questions about Vancouver cleantech investors
- InBC and Spring Impact Capital strongly prefer BC-based founders. Evok, Pangaea, and CGF fund North American companies on merit. Having BC operations helps significantly with provincial funds.
- Usually 12-18 weeks from first meeting to wire, longer than software rounds. Set up an Ellty data room before your first intro so technical diligence doesn't add weeks to your close.
- Most VCs start looking seriously at TRL 4-6 (proven in lab or at pilot scale). CGF and EDC require TRL 7+ with a commercial deployment and measurable performance data in hand.
- Yes, but InBC and Spring require BC presence or job creation in the province. Evok, Pangaea, Renewal, and CGF fund North American deals without geography restrictions on founders.
- Applications for the 2026 cohort close June 30, 2026. Past honourees have collectively raised $3.2B+ in capital and the program connects you directly with 30+ active cleantech investors.
- Not at first conversation, but expect it in diligence. Evok and Pangaea will ask for measured emissions data or verified pilot outcomes before any partner meeting progresses to term sheet.
