SolarSteam

Calgary, Canada · Founded 2017 · Privately Held (backing)

Developer of a modular solar thermal system designed to provide scalable and cost-effective industrial heat using renewable energy. SolarSteam is based in Calgary, Canada and was founded in 2017. Its last reported valuation was $10 million in Jun 2024. It has raised $6.9 million across 1 recorded round; the latest was a $716,999 seed round in Jul 2025.

Last reported valuation
$10.0M
Oct 2026
Priced at
—
Total raised
$6.9M
Last round
Seed Round
Jul 2025

SolarSteam key facts

as of Oct 2026
  • Developer of a modular solar thermal system designed to provide scalable and cost-effective industrial heat using renewable energy.
  • SolarSteam is valued at approximately $10.0M as of Oct 2026 (last reported valuation).
  • It has raised $6.9M across 1 recorded rounds; the latest was Seed Round ($717K) in Jul 2025.
  • Notable investors include Right Side Capital Management, gener8tor, E8 (Seattle), SVG Ventures|THRIVE, Scale Up Canada — 23 tracked in total.
  • SolarSteam has filed 6 Form Ds with the SEC, most recently Aug 2025 ($100K sold to 1 investors).
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$10.0M

SolarSteam's last reported valuation, Jun 2024. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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SolarSteam funding rounds

1 rounds
Jul 2025Seed Round$717KSEC filing▮

SolarSteam valuation

SolarSteam's last reported valuation was $10 million in Jun 2024. No priced round, secondary trade or fund mark has surfaced since.

How much has SolarSteam raised?

SolarSteam has raised $6.9 million in total; 1 of its rounds is on record. The largest on record was a $716,999 seed round in Jul 2025.

SolarSteam has filed 6 Form Ds with the SEC, most recently in Aug 2025 ($100,000 sold to 1 investor).

SolarSteam investors

23 investors are on record for SolarSteam, including Right Side Capital Management, gener8tor, E8 (Seattle) and SVG Ventures|THRIVE. The seed round in Jul 2025 drew 4 investors.

About SolarSteam

Developer of a modular solar thermal system designed to provide scalable and cost-effective industrial heat using renewable energy. The company offers proprietary, patented technology that outperforms fossil fuels on cost without subsidies, enabling industrial manufacturers and processors to reduce emissions and lower energy expenses.

Sector
Energy
HQ
Calgary, Canada
Founded
2017
Employees
7
Ownership
Privately Held (backing)

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