About Longbow Capital
Longbow Capital is a venture capital firm founded in 1997. It is primarily based out of Calgary, Canada. As of Jan 2024, Longbow Capital has invested in 17 companies. It primarily invests in Series B round in Canada based startups. Its investments are spread across a wide range of sectors from Energy Tech to Enterprise Applications and Environment Tech. Most recently it participated in the $***** Series B round of Clir Overall, Longbow Capital portfolio has seen 2 acquisitions, namely Certarus and Global Thermoelectric. A lot of funds co-invest with Longbow Capital, with names like CPP Investments sharing a substantial percentage of its portfolio. Longbow Capital has team of 27 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 1 more
Portfolio Acquisitions
Portfolio Soonicorns
Longbow Capital's List of Top Investments
Longbow Capital has a portfolio of 17 companies. Their most notable investments are in Clir and VoltaGrid.Their portfolio spans across Canada and United States. They have invested in Energy Tech, Enterprise Applications, Environment Tech and 5 other sectors, across stages such as Series A, Series B and 1 more. Here is the list of top investments by Longbow Capital:1. VoltaGrid
AI and cloud-driven platform offering microgrids to provide electricity to off-grid areas. It offers solutions that include trailer-mounted custom-engineered switchgear, trailer-mounted Genset, and trailer-mounted energy storage system. The AI-driven platform allows users to track emissions, costs, power usage, equipment diagnostics, equipment operation, and more.
Key facts about VoltaGrid
- Founded Year: 2020
- Location: Houston (United States)
- Stage: Series D
- Total Funding till date: $875M
- Employee Count: 521 as on Apr 30, 2026
- Investors: TD Securities, Goldman Sachs and 24 Others
- Latest Funding Round: Series D, May 11, 2026, $*****
- Highlight: Editors' Pick
Key facts about Steel Reef Infrastructure Corp.
- Founded Year: 2012
- Location: Calgary (Canada)
- Stage: Series E
- Total Funding till date: $246M
- Employee Count: 147 as on Apr 30, 2026
- Investors: Stifel, FirstEnergy Corp and 6 Others
- Latest Funding Round: Series E, Feb 08, 2019, $*****
- Highlight: Editors' Pick
3. Clir
Provider of renewable energy asset reporting software solutions. It offers an energy asset reporting and optimization software that provides analytics solutions, providing instructions on how to increase production and protect asset health. Includes data integrity, data analytics, modeling, turbine/panel engineering, control engineering, asset management, financial planning, and reporting.
Key facts about Clir
- Founded Year: 2016
- Location: Vancouver (Canada)
- Stage: Series B
- Total Funding till date: $30.9M
- Employee Count: 45 as on Apr 30, 2026
- Investors: Sustainable Development Technology Canada, ArcTern Ventures and 9 Others
- Latest Funding Round: Series B, Jan 09, 2024, $*****
- Highlight: Editors' Pick
4. Certarus
Key facts about Certarus
- Founded Year: 2012
- Location: Calgary (Canada)
- Stage: Acquired
- Employee Count: 372 as on Apr 30, 2026
- Investors: PFM Capital and Longbow Capital
- Highlight: Acquired
5. Lithion
Key facts about Lithion
- Founded Year: 1998
- Location: Henderson (United States)
- Stage: Late Stage
- Employee Count: 95 as on Apr 30, 2026
- Investors: Longbow Capital, TriWest Capital Partners and 1 Other
- Latest Funding Round: PE, Apr 18, 2018, $*****
Longbow Capital's Year-on-Year Investment Trends
Longbow Capital has invested in 17 companies over the last 5 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in ARCUS POWER and most recent follow-on round was in Clir.Longbow Capital's Investments by Stage
Longbow Capital has made 1 investment in Series A stage with an average round size of $8.79M, 1 investment in Series B stage with an average round size of $22.4M and 1 investment in Series C stage with an average round size of $100M.Stage of entry | No. of Investments |
|---|---|
Series A | 1 |
Series B | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Longbow Capital's Investments by Sector
Longbow Capital has a diverse portfolio, with companies operating in the Energy Tech, Environment Tech, Sustainability Tech, Enterprise Applications and Artificial Intelligence - Industry Applications. Notably, it has invested in 8 Enterprise (B2B) companies, 5 Software companies, 5 Tech companies and at least 2 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Energy Tech | 3 |
Environment Tech | 3 |
Sustainability Tech | 3 |
Enterprise Applications | 2 |
Artificial Intelligence - Industry Applications | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Longbow Capital's Investments by Geography
Longbow Capital has made most investments in Canada (2), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
Canada | 2 |
United States | 1 |
Note: We have considered here, only first round of investments
Longbow Capital's recent investments
Longbow Capital has not made any investment in 2026 so far.Here are the most recent investments by Longbow Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 09, 2024 | Canada | Series B | 2650 | [+2] | |
Mar 29, 2022 | Canada | Series A | 7637 | - | |
Dec 20, 2021 | United States | Series C | 6852 | ||
May 24, 2021 | Canada | Series B | 6310 | [+4] |
Acquired companies in Longbow Capital's Portfolio
2 companies from Longbow Capital's portfolio have been acquired. The most recent acquisition was Certarus in Dec 2022 by Superior Plus for $*****.Here are Longbow Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 22, 2022 | - | - | 5157 | |
Apr 01, 2014 | - | - | 6994 |
Team profile of Longbow Capital
Longbow Capital has a team of 27 members including 3 Partners and 4 Principals located in Canada and Netherlands. Longbow Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Longbow Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Calgary | - | ||
Partner | Calgary | - | - | |
Partner | Amsterdam | - | ||
Principal | Calgary | - | ||
Principal | Canada | - | ||
Principal | Calgary | - | ||
Principal | Calgary | - |
Co-investors of Longbow Capital
Over the past 5 years, 31 investors have co-invested in Longbow Capital's portfolio companies. This includes only funds.
- Invested before Longbow Capital: Fulmer & Company, Sustainable Development Technology Canada and 1 other have invested in rounds before Longbow Capital. There is 1 company where Fulmer & Company has invested before Longbow Capital and 1 company where Sustainable Development Technology Canada has invested before Longbow Capital.
- Top Co-investors of Longbow Capital: 7 investors entered a company along with Longbow Capital. These include investors like CPP Investments (2 companies).
- Invested after Longbow Capital: A total of 21 investors have invested in Longbow Capital's portfolio after their investments. Top Investors include BMO (1 company), Export Development Canada (1 company) and Mizuho Financial Group (1 company).
Recent News related to Longbow Capital
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Tokio Marine HCC invests into CAD$4.3m funding round secured by ClirReinsurance News•Mar 07, 2024•TMHCC, Longbow Capital, ArcTern Ventures, BDC
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Longbow Capital’s Co-Investments in VoltaGridGlobal Legal Chronicle•Jan 18, 2024•Willkie Farr & Gallagher, Longbow Capital, VoltaGrid
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Houston microgrid tech firm publicizes $150 fundingInvestidollar•Oct 24, 2022•VoltaGrid, CPP Investments, Longbow Capital, Walter Ventures and 1 other
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CPP Investments makes $43 mn follow-on investment in NHAI InvITVCCircle•Oct 13, 2022•CPP Investments, NHAI, VoltaGrid, Longbow Capital and 2 others
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VoltaGrid - VoltaGrid closes USD $100 million equity raiseVoltaGrid•Dec 20, 2021•VoltaGrid, CPP Investments, Longbow Capital, Pilot Company and 1 other
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Clir Renewables, Stoko, Habit Forming TechnologiesBetaKit•Jun 03, 2021•Clir, Longbow Capital, ArcTern Ventures, CPP Investments and 3 others
