About Pyfera Growth Capital
Pyfera Growth Capital is a venture capital firm founded in 2016. It is primarily based out of Vancouver, Canada. As of Nov 2021, Pyfera Growth Capital has invested in 15 companies. It primarily invests in Series A round in Canada based startups. Its investments are spread across a wide range of sectors from High Tech to FinTech and Blockchain Technology. Most recently it participated in the $***** Series B round of Evanesce Overall, Pyfera Growth Capital portfolio has seen 2 IPOs and 3 acquisitions including key companies like DMG, Flexiti and Blockchain Intelligence Group. A lot of funds co-invest with Pyfera Growth Capital, with names like Canaccord Genuity Group sharing a substantial percentage of its portfolio. Pyfera Growth Capital has team of 6 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Series A
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Pyfera Growth Capital's List of Top Investments
Pyfera Growth Capital has a portfolio of 15 companies. Their most notable investments are in Evanesce and Evanesce.Their portfolio spans across Canada, United States and Australia. They have invested in High Tech, FinTech, Blockchain Technology and 11 other sectors, across stages such as Series A stage. Here is the list of top investments by Pyfera Growth Capital:1. DMG
Blockchain and cryptocurrency mining platform. It provides blockchain-based platforms for supply chain, IoT, and payments industries. The company offers crypto-mining hosting services. Also offers blockchain forensic and analytics solutions.
Key facts about DMG
Ion-exchange membranes. It offers hydrocarbon proton/cation-exchange membranes and alkaline hydroxide/anion-exchange membranes. The company focuses on developing advanced, hydrocarbon/non-PFAS ion-exchange membranes. The products find application in hydrogen production/water electrolysis, hydrogen fuel cells, carbon capture and utilization / CO2 electrolysis, lithium-ion batteries, flow batteries, lithium recovery, process water treatment, and other mainly electrochemical solutions.
Key facts about Ionomr Innovations
- Founded Year: 2017
- Location: Vancouver (Canada)
- Stage: Series A
- Total Funding till date: $38M
- Employee Count: 48 as on Jul 31, 2026
- Investors: Samsung Venture Investment, Shell and 14 Others
- Latest Funding Round: Grant (prize money), Oct 09, 2025, $*****
- Highlight: Editors' Pick
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3. GMG
Manufacturer of graphene and graphene-based products. It provides users with a platform where graphene products are used for concrete strengthening and conductive applications, plastic strengthening and electrical applications including batteries.
Key facts about GMG
- Founded Year: 2018
- Location: Darra (Australia)
- Stage: Series C
- Total Funding till date: $2.14M
- Employee Count: 35 as on Jul 31, 2026
- Investors: Intrynsyc Capital, Pyfera Growth Capital and 1 Other
- Latest Funding Round: Series C, Aug 23, 2023, $*****
4. Flexiti
Credit cards for POS financing to consumers. The card features buy now and pay later solutions to customers at the time of purchasing at multiple retail locations. It also allows businesses to create loyalty programs for customers with promotional interest offers and coupons. It features an app-based platform that allows generating a reusable virtual credit card for users. App is available for Android devices.
Key facts about Flexiti
- Founded Year: 2013
- Location: Toronto (Canada)
- Stage: Acquired
- Total Funding till date: $14.5M
- Employee Count: 254 as on Jul 31, 2026
- Investors: National Bank of Canada, MaRS Discovery District and 4 Others
- Latest Funding Round: Conventional Debt, Dec 13, 2021, $*****
- Highlight: Acquired
5. Morgan Solar
Provider of solar design simulation software solutions. The product offerings include 'Sun Studio' - a software solution that allows users to analyze and compare the performance of different light management technologies, 'SimbaX' - it concentrates light to reduce silicon cells, and 'SPOTlight' - it is a translucent photovoltaic sun-shading technology for buildings. Additionally, it provides a 'Sun Stream window' and the 'Sun Block panel' designed for building applications.
Key facts about Morgan Solar
- Founded Year: 2007
- Location: Toronto (Canada)
- Stage: Series C
- Total Funding till date: $45.9M
- Employee Count: 28 as on Jul 31, 2026
- Investors: Kuwait Investment Authority, California Energy Commission and 9 Others
- Latest Funding Round: Grant (prize money), Dec 21, 2017, $*****
- Highlight: Editors' Pick
Pyfera Growth Capital's Year-on-Year Investment Trends
Its most recent first time investment was in Evanesce and most recent follow-on round was in Evanesce.Pyfera Growth Capital's Investments by Stage
Pyfera Growth Capital has made 1 investment in Series A stage.Pyfera Growth Capital's Investments by Sector
Pyfera Growth Capital has a diverse portfolio, with companies operating in the Environment, Environment Tech, Industrial Goods and Manufacturing and Sustainability Tech. Notably, it has invested in 12 Enterprise (B2B) companies, 12 Tech companies, 5 Software companies and at least 3 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Environment | 1 |
Environment Tech | 1 |
Industrial Goods and Manufacturing | 1 |
Sustainability Tech | 1 |
Note: We have considered here, only first round of investments
Pyfera Growth Capital's Investments by Geography
Pyfera Growth Capital has made most investments in Canada (1).Pyfera Growth Capital's recent investments
Pyfera Growth Capital has not made any investment in 2026 so far.Here are the most recent investments by Pyfera Growth Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 03, 2021 | Canada | Series B | 8187 | ||
Feb 2021 | Canada | Series A | 9487 |
IPOs and Publicly Listed companies in Pyfera Growth Capital's Portfolio
2 of Pyfera Growth Capital's portfolio companies have become public. DMG got listed on the Toronto Stock Exchange - Venture Exchange (TSX-V), in Feb 2018 at marketcap of undefined and Good Life Networks got listed on the Toronto Stock Exchange - Venture Exchange (TSX-V) at marketcap of $993K.Here are Pyfera Growth Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 13, 2018 | - | - | 7548 | |
May 07, 2013 | - | - | 7300 |
Acquired companies in Pyfera Growth Capital's Portfolio
3 companies from Pyfera Growth Capital's portfolio have been acquired. The most recent acquisition was Flexiti in Feb 2021 by CURO for $*****.Here are Pyfera Growth Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 01, 2021 | - | - | 4147 | |
Nov 15, 2018 | - | - | 8112 | |
Mar 12, 2018 | - | - | 2118 |
Team profile of Pyfera Growth Capital
Pyfera Growth Capital has a team of 6 members including 3 Partners and 2 Principals located in Canada. Pyfera Growth Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Pyfera Growth Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Vancouver | - | ||
Partner | - | - | ||
Partner | - | - | ||
Principal | Toronto | - | ||
Principal | - | - | - |
Co-investors of Pyfera Growth Capital
Over the past 5 years, 3 investors have co-invested in Pyfera Growth Capital's portfolio companies. This includes funds and angels.
- Top Co-investors of Pyfera Growth Capital: 3 investors entered a company along with Pyfera Growth Capital. These include investors like Canaccord Genuity Group (1 company).
Recent News related to Pyfera Growth Capital
•
Evanesce® Closes an Oversubscribed CAD $10.1 M Series B Round to Accelerate GrowthCalgary Herald•Nov 03, 2021•Evanesce, Pyfera Growth Capital, Canaccord Genuity Group, Research Capital and 9 others
