About ArcTern Ventures
ArcTern Ventures is a venture capital firm founded in 2012. It is primarily based out of Toronto, Canada. As of Mar 2026, ArcTern Ventures is an active investor, having invested in 40 companies, with 3 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Environment Tech to High Tech and Enterprise Applications. Most recently it participated in the $***** Series A round of Normal Computing Overall, ArcTern Ventures portfolio has seen 1 unicorn and 5 acquisitions including key companies like Palmetto, Scythe Robotics and King Energy. A lot of funds co-invest with ArcTern Ventures, with names like Energy Impact Partners sharing a substantial percentage of its portfolio. ArcTern Ventures has team of 18 people including 6 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 3 more
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
ArcTern Ventures' List of Top Investments
ArcTern Ventures has a portfolio of 40 companies, one of which is a Unicorn. Their most notable investments are in EmitWise and Scythe Robotics.Their portfolio spans across United States, Canada, United Kingdom and 3 more locations. They have invested in Environment Tech, High Tech, Enterprise Applications and 18 other sectors, across stages such as Series A, Series B and 3 more. Here is the list of top investments by ArcTern Ventures:
1. Ev.energy
Developer of software for managing electric vehicle charging grid loads. This platform integrates with electric vehicles, charging hardware, and home energy systems to coordinate power consumption. It enables the aggregation of distributed energy resources to balance electricity demand and supply. The technology facilitates automated charging schedules based on grid requirements and energy availability. By connecting to various hardware interfaces, the system monitors and adjusts energy flow to support grid stability and optimize charging efficiency.
Key facts about Ev.energy
- Founded Year: 2018
- Location: London (United Kingdom)
- Annual Revenue: £1M - £10M as on Dec 31, 2023
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $46M
- Employee Count: 95 as on Apr 30, 2026
- Investors: Aviva, National Grid Partners and 45 Others
- Latest Funding Round: Grant (prize money), Feb 22, 2024, $*****
- Highlight: Editors' Pick
2. Span.IO
Provider of the smart panel for home energy management. It provides advanced levels of monitoring and intelligence that make electrifying easier. It offers hardware and software solutions for the operation and management of homes by integrating sensors, actuators, and logic in a single device. mobile application available in both iOS and android
Key facts about Span.IO
- Founded Year: 2014
- Location: San Francisco (United States)
- Stage: Series C
- Total Funding till date: $419M
- Employee Count: 385 as on Apr 30, 2026
- Investors: Wellington, Amazon and 33 Others
- Latest Funding Round: Series C, Jan 15, 2026, $*****
- Highlight: Editors' Pick
3. Palmetto
Residential solar energy systems and battery storage solutions. It offers tools to estimate energy savings and system upgrade options. It facilitates financing plans for clean energy setups. Additionally, it provides resources and support for existing customers regarding systems and service requests.
Key facts about Palmetto
- Founded Year: 2009
- Location: Charleston (United States)
- Stage: Series C
- Total Funding till date: $670M
- Employee Count: 673 as on Mar 31, 2026
- Investors: Greycroft, BoxGroup and 21 Others
- Latest Funding Round: Conventional Debt, Jan 17, 2025, $*****
- Highlight: Editors' Pick
4. Flashfood
Online marketplace to buy and sell excess food. Allows restaurants, grocers, and caterers to list the excess product they want to sell by offering steep discounts. Buyers can discover nearby deals and place the order for pickup from the location. The company offers mobile applications for Android and iOS platforms.
Key facts about Flashfood
- Founded Year: 2016
- Location: Toronto (Canada)
- Stage: Series A
- Total Funding till date: $13.8M
- Investors: General Catalyst, ArcTern Ventures and 11 Others
- Latest Funding Round: Series A, Feb 28, 2022, $*****
- Highlight: Editors' Pick
5. Winnow
Food waste tracking and management solutions provider. The platform provides smart waste metering technology enabling users to monitor the food waste. The data is collected and recorded in the software to provide real-time insights into the type and quantity of food waste. It provides a touchscreen display system for chefs to record information regarding the type and the stage at which the food is thrown. The system analyses the recorded data to generate reports on a daily basis to track the performance.
Key facts about Winnow
ArcTern Ventures' Year-on-Year Investment Trends
ArcTern Ventures has invested in 40 companies over the last 13 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 3 investments, while as of Mar 2026, it has made 1 investment in this year. Its most recent first time investment was in Normal Computing and most recent follow-on round was in Liminal.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 3 | 0 | 3 |
2024 | 3 | 3 | 6 |
2023 | 3 | 3 | 6 |
2022 | 4 | 4 | 8 |
2021 | 6 | 2 | 8 |
2020 | 8 | 2 | 10 |
2019 | 2 | 1 | 3 |
2018 | 0 | 1 | 1 |
ArcTern Ventures' Investments by Stage
ArcTern Ventures has made 19 investments in Series A stage with an average round size of $13.6M, 10 investments in Series B stage with an average round size of $29.9M, 4 investments in Seed stage with an average round size of $6.92M, 3 investments in Series C stage with an average round size of $60M and 1 investment in Series E stage with an average round size of $32.1M.Stage of entry | No. of Investments |
|---|---|
Series A | 19 |
Series B | 10 |
Seed | 4 |
Series C | 3 |
Series E | 1 |
Note: We have considered here, only first round of investments
ArcTern Ventures' Investments by Sector
ArcTern Ventures has a diverse portfolio, with companies operating in the Sustainability Tech, Environment Tech, High Tech, Energy Tech and Enterprise Applications. Notably, it has invested in 37 Tech companies, 36 Enterprise (B2B) companies, 21 Software companies and at least 16 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Sustainability Tech | 22 |
Environment Tech | 20 |
High Tech | 16 |
Energy Tech | 15 |
Enterprise Applications | 14 |
Others | 54 |
Note: We have considered here, only first round of investments
ArcTern Ventures' Investments by Geography
ArcTern Ventures has made most investments in United States (18), followed by Canada where it has made 13 investments.Country | No. of Investments |
|---|---|
United States | 18 |
Canada | 13 |
United Kingdom | 3 |
Australia | 1 |
Czech Republic | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
ArcTern Ventures' recent investments
ArcTern Ventures has made 1 investments in 2026 so far - Normal Computing.Here are the most recent investments by ArcTern Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 25, 2026 | United States | Series A | 4148 | ||
Nov 13, 2025 | United States | Series C | 9210 | [+11] | |
Jun 12, 2025 | United States | Series B | 7250 | [+4] | |
Feb 19, 2025 | Canada | Seed | 1049 | [+4] | |
Oct 21, 2024 | United States | Seed | 7332 | [+2] |
Unicorns in ArcTern Ventures' Portfolio
ArcTern Ventures has 1 unicorn in its portfolio - Palmetto. The most recent unicorn in their portfolio is Palmetto which became a unicorn in 2022, 1 years after ArcTern Ventures first invested in it.Here is a list of unicorns in ArcTern Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
71 | Residential solar energy systems and battery storage solutions | 2009 | Charleston | Series C | pkvsggy |
Acquired companies in ArcTern Ventures' Portfolio
5 companies from ArcTern Ventures' portfolio have been acquired. The most recent acquisition was Scythe Robotics in Mar 2026 by ASI Robots for $*****.Here are ArcTern Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 11, 2026 | Dec 16, 2022 | Series B | 4014 | |
Dec 23, 2025 | Aug 17, 2020 | Series A | 3237 | |
Sep 29, 2025 | Feb 19, 2025 | Seed | 8191 | |
Dec 23, 2024 | Oct 21, 2024 | Seed | 8497 | |
Mar 22, 2019 | Nov 28, 2014 | Seed | 6861 |
Team profile of ArcTern Ventures
ArcTern Ventures has a team of 18 members including 6 Partners and 5 Principals located in Canada, United States and 1 more location. ArcTern Ventures' team sits on the board of 3 companies.Here is a list of top team members in ArcTern Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Toronto | |||
Partner | London | - | ||
Partner | Toronto | - | ||
Partner | Toronto | - | ||
Partner | San Francisco | |||
Partner | Toronto | - | - | |
Principal | Seattle | - | ||
Principal | Toronto | - | ||
Principal | Toronto | - | ||
Principal | Toronto | - | - | |
Principal | - | - | - |
Co-investors of ArcTern Ventures
Over the past 13 years, 339 investors have co-invested in ArcTern Ventures's portfolio companies. This includes funds and angels.
- Invested before ArcTern Ventures: Energy Impact Partners, Wireframe Ventures and 151 others have invested in rounds before ArcTern Ventures. There are 3 companies where Energy Impact Partners has invested before ArcTern Ventures and 2 companies where Wireframe Ventures has invested before ArcTern Ventures.
- Top Co-investors of ArcTern Ventures: 95 investors entered a company along with ArcTern Ventures. These include investors like Energy Impact Partners (2 companies).
- Invested after ArcTern Ventures: A total of 91 investors have invested in ArcTern Ventures's portfolio after their investments. Top Investors include BDC (3 companies), InMotion Ventures (2 companies) and Fifth Wall (2 companies).
Recent News related to ArcTern Ventures
•
Normal Computing Raises $50M in FundingFinSMEs•Mar 25, 2026•Normal Computing, Galvanize Climate Solutions, Brevan Howard, Samsung and 3 others
•
Harbinger Motors Inc. amended terms of the transactionStock Screener•Nov 13, 2025•Leitmotif, FedEx, Harbinger Motors, Maniv Mobility and 11 others
•
Electric truck startup Harbinger raises $160M Series C, FedEx orders trucksTechCrunch+•Nov 13, 2025•Harbinger Fitness, Thor Industries, FedEx, Harbinger Motors and 14 others
•
Muon Space Secures $146M Series B for Satellite Production ExpansionElectronics Weekly•Jun 27, 2025•Muon Space, Congruent Ventures, Activate Capital, ACME and 2 others
•
With $146M, Muon Space lifts satellite constellation manufacturing off the groundTech Funding News•Jun 13, 2025•Muon Space, Congruent Ventures, Activate Capital, ACME and 3 others
•
Muon Space Secures $44.5M Series B Extension and Acquires Starlight EnginesPayload•Jun 12, 2025•Muon Space, Starlight Engines, Radical Ventures, Costanoa and 3 others
•
Hyperlume receives $12.5 million in seed round financingfromgeek.com•Feb 24, 2025•HyperLume, MUUS Climate Partners, Intel Capital, SOSV and 3 others
•
Home Canada Hyperlume Raises $12.5M in Seed FundingFinSMEs•Feb 19, 2025•HyperLume, LG Technology Ventures, Intel Capital, SOSV and 3 others
•
Hyperlume raises $12.5M in funding to fix AI data center bottlenecks with optical interconnectsTechStartups.com•Feb 19, 2025•HyperLume, DeepTech Ventures, ArcTern Ventures, MUUS Climate Partners and 4 others
•
Harbinger Motors Raises $100M to Fuel Truck Chassis GrowthTtnews•Jan 15, 2025•Harbinger Motors, Capricorn, The Lion Electric, Canoo and 5 others
