SUNLAB spin-off Enurgen closes $4.1M USD seed to accelerate global growth of solar performance software

Congratulations to SUNLAB spin-off Enurgen, developer of the solar industry’s most accurate energy yield performance model, on yesterday’s announcement it has secured $4.1M USD in new financing. The round was co-led by Business Development Bank of Canada, Brightspark, and Diagram, with participation from MaRS IAF.

The investment will accelerate the global expansion of Enurgen’s flagship software platform. Enurgen’s novel energy yield modelling software leverages advanced, physics-based models across the lifecycle of solar assets to deliver breakthrough rates of returns.

“This funding marks a major milestone for Enurgen,” said former SUNLAB student Kibby Pollak, CEO and Co-Founder of Enurgen. “In an era dominated by AI and LLMs, it’s crucial to recognize that critical systems like energy infrastructure continue to rely on physics-based models for accurate and deterministic outputs.”

Headquartered in Ottawa and founded in 2022 by former and current SUNLAB members, Enurgen specializes in energy yield performance modelling for utility-scale solar assets across their entire lifecycle—from design to operations—empowering global customers to maximize returns and accelerate the clean energy transition.

Click here to learn more about this announcement.

Chris Valdivia (Co-Founder, CTO) and Kibby Pollak (Co-Founder, CEO), Enurgen. Chris is a former postdoctoral fellow and senior research associate at the SUNLAB while Kibby completed his master’s degree there.