16,000 +

research and innovation projects funded


invested in 2019-20

$858M +

invested in the last 10 years


researchers in our network

6,000 +

industry partners


post-secondary partners

6,000 +

international research internships

1,450 +

professional skills courses

22,000 +

training participants
Top 100 companies
Top 100 companies

12 Canadian Companies

Land in the Global Cleantech 100


  • More than 13,000 companies from 93 countries were reviewed for the annual Global Cleantech 100 list, which recognizes the best cleantech ventures in the world.
  • Twelve Canadian cleantech companies, including seven supported by MaRS, earned spots on the list.
  • Canada’s cleantech sector continues to make great strides globally.

Twelve Canadian companies have landed on the prestigious 2020 Global Cleantech 100 list, including seven supported by the MaRS institute in Toronto and a number working with Mitacs. Published by San Francisco-based research and advisory firm Cleantech Group, the annual ranking recognizes the top cleantech businesses in the world.

The 2020 list reviewed the work of 13,900 companies from 93 countries, and Canada ranked second only to the United States as the country with the most businesses on the list. This achievement demonstrates the continuing vital role Canada plays in the clean-tech sector. “It’s becoming increasingly clear that Canadian tech will play a significant role in the emerging $2.3-trillion cleantech market,” said Jon Dogterom, Senior Vice-President of Venture Services at MaRS. “Our role will be important in not only helping to mitigate climate disruption, but also in diversifying the Canadian economy.”

It’s becoming increasingly clear that Canadian tech will play a significant role in the emerging $2.3-trillion cleantech market. — Jon Dogterom, Senior Vice-President of Venture Services at MaRS.

The 12 Canadian companies that earned spots on the 2020 Global Cleantech 100 list are:

Axine Water Technologies
Axine developed an electrochemical-oxidation technology that breaks down pollutants from industrial wastewater and turns them into harmless by-product gases.

Carbicrete manufactures a cement-free, carbon-negative concrete that is stronger and more weather-resistant than traditional concrete.

CarbonCure Technologies
CarbonCure injects liquid concrete with the waste CO2 generated by coal plants, refineries and other polluters to permanently capture the CO2 and improve concrete performance in hot weather. 

The company — which is on track to reach $1 billion in sales in 2020 — manufactures its eponymous smart thermostat, along with an array of smart devices for the home.

Li-Cycle created technology that recovers lithium, nickel, cobalt and other valuable materials from spent lithium-ion batteries — at a materials recovery rate of 80 to 100 percent.

MineSense Technologies
MineSense developed an innovative “bulk ore-sorting” technology, which uses sensors and real-time data to help mines reduce their CO2, energy, and water footprint.

Opus One Solutions
Opus One created smarter, more efficient distributed power grids, along with its GridOS suite of software tools to help utilities maximize what’s extracted from local power grids.

Carbon Engineering
Carbon Engineering developed an “air to fuels” technology, which captures CO2 from the air, and combines it with hydrogen and electricity to create clean, affordable transportation fuels.

Enbala Power Networks
Enbala makes smart grid technology that helps utilities identify and respond to power grid inefficiencies in real time.

GaN Systems
GaN Systems manufactures gallium nitride power semiconductors, which can sustain higher voltages and conduct electricity better than silicon-based semiconductors.

Svante developed technology that allows power-generation and industrial facilities to cost-effectively capture CO2 at the source of emission.

Semios created agriculture technology that uses a network of sensors and advanced analytics to help farmers track crop conditions — including irrigation, pests, disease and weather — in real time.

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Mitacs Team

Mitacs’s website content is created by people throughout our organization, united in their passion for innovation and eager to share their perspectives with others in the innovation ecosystem. 

Mitacs is a national, not-for-profit organization that has designed and delivered research and training programs in Canada for over 20 years. Working with over 100 post-secondary institutions, more than 6,000 companies and not-for-profit organzations, and both federal and provincial governments, we build partnerships that support industrial and social innovation in Canada. 

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