The Venture Codex Logo

The Venture Codex

Natural Resources Canada

580 Booth Street, Ottawa, ON, K1A 0E4, Canada

Overview

Resource management and information for land and water protection.

Founded

2012

Deals · 12mo

0

Links

WebsiteLinkedInX (Twitter)

Stage focus

—

Geographic focus

Canada
United States

Sector focus

Agriculture
Energy
Food and Beverage

Investment portfolio

12rounds
NAMEDATESIZE
Fireweed Metals
Aug 2025Led
$9 MOther Equity
Aurora Hydrogen
Jul 2024Led
$4 MOther Equity
Ekona Power
Jul 2024Led
$1 MOther Equity
Prairie Lithium
Mar 2023Led
$0.79 MGrant
Intelligent City
Jul 2022Participated
$17 MSeries A
Peak Power
Jul 2022Led
$0.76 MOther Equity
Baseload Power
Jun 2022Led
$4 MOther Equity
Hydrostor
Apr 2021Led
$4 MOther Equity
Calogy Solutions
Jul 2020Participated
$1 MSeed
TerraVerdae BioWorks
Apr 2020Participated
$5 MOther Equity
Jetti Resources
Jul 2019Led
$150 MOther Equity
Eavor
Apr 2019Led
$7 MOther Equity
Fireweed Metals
Aug 2025Led
$9 MOther Equity
Aurora Hydrogen
Jul 2024Led
$4 MOther Equity
Ekona Power
Jul 2024Led
$1 MOther Equity
Prairie Lithium
Mar 2023Led
$0.79 MGrant
Intelligent City
Jul 2022Participated
$17 MSeries A
Peak Power
Jul 2022Led
$0.76 MOther Equity
Baseload Power
Jun 2022Led
$4 MOther Equity
Hydrostor
Apr 2021Led
$4 MOther Equity
Calogy Solutions
Jul 2020Participated
$1 MSeed
TerraVerdae BioWorks
Apr 2020Participated
$5 MOther Equity
Jetti Resources
Jul 2019Led
$150 MOther Equity
Eavor
Apr 2019Led
$7 MOther Equity
12
Items
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Natural Resources Canada: 12 funding rounds are recorded in the selected participation categories.All available history.
Natural Resources Canada: 12 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed01
Series A01
Other Equity81
Grant10

Monthly Deal Activity

Natural Resources Canada: 12 deals are recorded across 91 months.All available history.
Natural Resources Canada: 12 deals are recorded across 91 months. All available history
MonthDeals
Apr '191
May '190
Jun '190
Jul '191
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '201
May '200
Jun '200
Jul '201
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '211
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '221
Jul '222
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '231
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '242
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '251
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Natural Resources Canada: Clean Energy & Sustainability is the largest displayed sector by deal count (10 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Natural Resources Canada: Clean Energy & Sustainability is the largest displayed sector by deal count (10 deals). All available history
SectorDeals
Clean Energy & Sustainability10
Manufacturing4
Real Estate & Construction2
Transportation & Logistics2
Hardware & Robotics1
Health & Life Sciences1

Deal Size Distribution

Natural Resources Canada: 12 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Natural Resources Canada: 12 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M8
$5M-$10M2
$10M-$25M1
$25M-$50M0
$50M-$100M0
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Natural Resources Canada: Canada has the largest recorded deal count among the displayed regions (11 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Natural Resources Canada: Canada has the largest recorded deal count among the displayed regions (11 deals). All available history
RegionDeals
Canada11
United States1
Natural Resources Canada: 14 co-investors are shown, with Sustainable Development Technology Canada sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Natural Resources Canada: 14 co-investors are shown, with Sustainable Development Technology Canada sharing 3 recorded deals. All available history
Co-investorShared deals
Sustainable Development Technology Canada3
National Research Council of Canada2
Alberta Innovates1
Aligo Innovation1
BDC Capital1
Ecofuel Fund1
Fulmer & Company1
Greensoil PropTech Ventures1
Innovate BC1
Ministère de l'Économie, de l'Innovation et de l'Énergie1
Next Generation Manufacturing Canada1
NGIF Cleantech Ventures1
Sherbrooke Innopole1
UIT Growth Equity GP1

Investment Strategy

Natural Resources Canada: Led accounts for 75% and participating for 25% of round participation.All available history.
Natural Resources Canada: Led accounts for 75% and participating for 25% of round participation. All available history
CategoryDeals (count)Share (%)
Led975%
Participating325%
Natural Resources Canada: Single-lead accounts for 56% and co-led for 44% of lead dynamics.All available history.
Natural Resources Canada: Single-lead accounts for 56% and co-led for 44% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead556%
Co-led444%

Team

Frank Des Rosiers

Assistant Deputy Minister, Innovation and Energy Technology

Kanika Gupta

Communications and Outreach, Office for Equity, Diversity and Inclusion

Tim Hodgson

Co-Founder