Canada maintains nine cleantech firms on the 2026 Global Cleantech 100
Five of the nine Canadian companies on this year’s Global Cleantech 100 list are members of the MaRS portfolio.
TORONTO, January 14, 2026 – This year, nine Canadian companies were named to the 2026 Global Cleantech 100, an annual roster of the world’s top cleantech companies.
Cleantech Group is the human intelligence authority on global cleantech innovation. Using a blend of market intelligence, proprietary data and their global network, including an expert panel, the 17th annual Global Cleantech 100 list showcases private cleantech companies from around the world that experts expect will make a substantial impact on the market in the next five to 10 years.
This year’s list saw Canada and the United Kingdom share second place with an equal number of featured companies, behind the United States, which once again dominated. Germany took third place, with five companies recognized.
The nine Canadian companies on the Global Cleantech 100 reflect the country’s growing leadership in carbon removal, energy storage, geothermal power, critical mineral recovery and water and infrastructure efficiency. These innovations address some of the most pressing challenges in climate mitigation, industrial decarbonization and resource resilience, while supporting sustainable economic growth.
Canada has had nine or more companies on the Global Cleantech 100 list in every published year since 2015, underscoring the country’s relative strength in high-impact cleantech innovation.
“This year’s Global Cleantech 100 reflects the sea change in the global cleantech innovation world that 2025 represented,” says Richard Youngman, CEO of the Cleantech Group. “The topics, themes and companies in vogue in the new world order are more strongly reflected in the composition of the new 100 and Canada’s representation speaks to this too.”
“If the past decade has shown us anything, it’s that the world continues to recognize the high quality of cleantech companies coming out of the Canadian cleantech ecosystem,” says Tyler Hamilton, senior director of climate at MaRS. “But to seize on what’s expected to become a multi-trillion-dollar global opportunity, these companies must secure the funding and customers they need to scale and compete globally. Canada’s public and private sectors have a big role to play here. It’s time to step it up.”
See the complete list of 2026 Global Cleantech 100 companies here.
List of Canadian winners: (* Indicates a MaRS-supported venture)
1. Augmenta: Headquartered in Toronto, Augmenta is a provider of AI-based construction efficiency software for building design, which reduces waste and energy use.
2. Carbon Upcycling*: Calgary-based Carbon Upcycling is a company that’s developing methods to capture and recycle carbon emissions from industrial waste and turn it into low-carbon cement and other materials.
3. CO280 Solutions: CO280 is a Vancouver-based developer of projects that produce high-quality, permanent and affordable carbon dioxide removal (CDR).
4. Cyclic Materials*: Kingston-based Cyclic Materials has developed a proprietary method to extract precious elements from spent products so that they can be made into new magnets.
5. Eavor: Eavor is a Calgary-based company developing closed-loop, conduction-only geothermal energy solutions.
6. Mangrove Lithium: Based in Vancouver, Mangrove is working to optimize lithium extraction by zeroing in on the extraction phase. Its electro-chemical process converts impure rock extracts into lithium hydroxide.
7. Moment Energy*: Moment Energy is a Vancouver-based company that partners directly with automakers to convert end-of-life EV batteries into energy-storage systems for industrial, commercial and microgrid clients.
8.Pani Energy*: Pani is a water technology company based in Victoria, providing a cloud-based machine learning platform that helps owners and operators elevate the efficiency of their industrial and city-scale water treatment facilities.
9. Planetary*: Headquartered in Halifax, Planetary uses a process called ocean alkalinity enhancement to remove carbon dioxide from the atmosphere.
About Cleantech Group
Cleantech® Group is the human intelligence authority on global cleantech innovation. Since 2002, we’ve helped decision-makers across industry, finance, and policy navigate the rapid shifts transforming the global economy. Going beyond market intelligence—offering insights, strategic guidance and curated connections to help leaders stay ahead, identify opportunities, and act with confidence. Our insight is built on over 20 years of human intelligence, proprietary data, and direct relationships with the ecosystem leaders driving change.
About MaRS
MaRS Discovery District is a charitable organization and North America’s largest urban innovation hub, dedicated to helping Canadian technology companies succeed. With a focus on climate, health sciences and other emerging technologies, MaRS supports startups tackling some of the world’s most pressing issues. Founded in 2000, MaRS spans more than 1.5 million square feet of cutting-edge office, lab, meeting and event space in downtown Toronto across two locations — the MaRS Centre and MaRS Waterfront. Since 2010, MaRS has helped ventures generate $11.5 billion in cumulative revenue, raise $19 billion in funding, and create and maintain more than 33,000 jobs. The MaRS platform also includes MaRS IAF, one of Canada’s top seed-stage venture funds. Through its world-class facilities, strategic programs and partnerships, MaRS accelerates the adoption of groundbreaking Canadian technology and bolsters a globally competitive innovation ecosystem.
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Addison Marr, Marketing Manager, Cleantech Group
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Phone: +1 (901) 609-9540