SolarSteam Inc.: Funding, Investors & Team (Aug 2026)
SolarSteam is a hardtech startup developing novel renewable concentrated solar technology that addresses the problem of rising costs and high emissions of heat generation. In the last 18 months, we have attracted over 600k in non-dilutive funding, grew the team to 7 FT employees and we are currently in the construct phase for a field pilot (TRL7) with an industry partner. We are seeking 250k in pre-seed investment to leverage an additional 250k in non-dilutive funding through IRAP, AI and SDTC to support pilot commissioning, capacity testing and commercial deployment efforts with various beachhead adopters.
SolarSteam Inc. has raised $820k across 3 funding rounds on record, the most recent a Seed of $720k announced in Aug 2025.
That round is below the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
SolarSteam Inc. Company Profile and Key Stats
Latest funding round on record: Aug 2025.
SolarSteam Inc. Funding Rounds
1 of 3 rounds was announced without a disclosed amount and is excluded from the total.
SolarSteam Inc. raised $100k in a Seed announced in Feb 2022.
3.3 years later, an undisclosed round was announced in May 2025 with no disclosed amount.
3 months later, a Seed of $720k was announced in Aug 2025.
SolarSteam Inc. Founders and Leadership Team
Contact details for the SolarSteam Inc. team: 1 of 1 has an email address on file.
Start 14-day free trial →SolarSteam Inc. Funding Compared to Other Energy Startups
SolarSteam Inc.'s latest round of $720k is below the median round in Energy. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like SolarSteam Inc. in Energy and Calgary
Companies Similar to SolarSteam Inc.
PowerBank is a renewable energy company that develops, owns, and operates clean energy infrastructure…
Volta Energy helps businesses transform into sustainable, cost-effective practices using digital technology.…
Full Circle Lithium is a company that specializes in processing battery materials and is committed to…
dynaCERT is a growing energy sector company that specializes in delivering Carbon Emission Reduction…
StrategX Elements is a company that specializes in the exploration of cobalt and other metals used in the…
Foremost Lithium Resources & Technology is a mining company that specializes in lithium mineral exploration.
Manning Ventures is a mineral exploration and development firm that focuses on metals and commodities…
Zefiro is an environmental services company, specializing in methane abatement. Zefiro strives to be a key…
East West Minerals is a Canadian oil and gas firm involved in the exploration, development, and production of…
NordX Metals is an exploration and development company energized by the global demand for lithium. The…
FuelPositive is a growth-oriented company based in Canada that is dedicated to offering financially viable…
Aduro Clean Technologies - NASDAQ: ADUR | CSE: ACT | FSE: 9D5 Aduro Clean Technologies is dedicated to…
SolarSteam Inc. Funding FAQs
What does SolarSteam Inc. do?
SolarSteam is a hardtech startup developing novel renewable concentrated solar technology that addresses the problem of rising costs and high emissions of heat generation. In the last 18 months, we have attracted over 600k in non-dilutive funding, grew the team to 7 FT employees and we are currently in the construct phase for a field pilot (TRL7) with an industry partner. We are seeking 250k in pre-seed investment to leverage an additional 250k in non-dilutive funding through IRAP, AI and SDTC to support pilot commissioning, capacity testing and commercial deployment efforts with various beachhead adopters.
How much funding has SolarSteam Inc. raised?
SolarSteam Inc. has raised $820k across 3 rounds on record. The most recent is a Seed of $720k announced in Aug 2025.
When did SolarSteam Inc. last raise funding?
SolarSteam Inc.'s most recent funding round on record is a Seed of $720k, announced in Aug 2025.
Who founded SolarSteam Inc.?
FundedIQ lists Apostol Radev (Founder) at SolarSteam Inc..
Where is SolarSteam Inc. headquartered?
SolarSteam Inc. is based in Calgary, Alberta, Canada.
How many employees does SolarSteam Inc. have?
SolarSteam Inc. is in the 11-50 employee band.
How does SolarSteam Inc.'s funding compare to other Energy startups?
SolarSteam Inc.'s latest round of $720k is below the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's SolarSteam Inc. Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for SolarSteam Inc. is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.
Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.