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Permalution logo — Tapping into floating water: Cloud, fog and steam

Permalution

Tapping into floating water: Cloud, fog and steam

Founded 2020 Canada Sherbrooke, Canada 8 employees Grant Total: $100.00K Manufacturing, Renewable Energy +1

General Information

Company Name Permalution
Founded Year 2020
Location Canada Sherbrooke, Canada
Employees 8
Industries Manufacturing, Renewable Energy, Semiconductor
Funding Stage Grant
Business Model B2B, B2G, E Commerce
Revenue Model Product Sales, Project Based, Service Fee
Social

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AI Insight

Bounce Watch AI
1 month ago

Permalution has strategically advanced its market entry by securing a future collaboration (September 2026) within Quebec's agricultural sector, a direct result of its Nexterre program selection. This partnership with producers and experts aims to adapt its cloud and fog water collection technology to real-world farming needs, demonstrating a clear path towards commercialization and validation for its climate adaptation solutions. This strategic move is further bolstered by recent grant funding in late 2023, signaling continued early-stage investor confidence.

Signal Types
Strategic Partnership Program Entry Funding
Strategic Labels
Agricultural Market Entry Technology Adaptation Climate Adaptation
Next Move: Fundraising
·
Impact: 7/10
·
Ideal For: Early-Stage Climate Tech Investors — AgTech Focus

About Permalution

Permalution is a Canadian startup founded in 2020 that focuses on technology and innovation for fog water collection and climate adaptation solutions. With the slogan "The answer is fog", the company operates in the industries of Manufacturing, Renewable Energy, and Semiconductor. In November 7, 2023, the company received a grant investment from SVG Ventures | THRIVE, showcasing investor confidence in the potential of Permalution's groundbreaking approach to climate adaptation and fog water collection. This investment demonstrates a belief in the company's vision and the value it brings to the sustainable technology landscape.

Business keywords: technology, innovation, water collection, climate adaptation, environmental solutions, cloud computing

Services & Products

Climate adaptation solutions
Fog water harvesting
Environmental sustainability initiatives

Target Customers

Agricultural industry Data centers Community planners Environmental organizations Regions facing water scarcity

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Grant Undisclosed 1
SVG Ventures | THRIVE
07 Nov 2023
Grant $100.00K 3
The Firehood, Startupfest +1
22 Aug 2023
Seed Round Undisclosed 1
ACET
01 Jan 2022
Non Equity Assistance Undisclosed 1
Cleantech Open
01 Jan 2015

Permalution Alternatives & Competitors

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FAQ About Permalution

Tapping into floating water: Cloud, fog and steam
Permalution was founded in 2020.
Permalution is headquartered in Sherbrooke, Canada.
Permalution operates in Manufacturing, Renewable Energy and Semiconductor. Its work centres on technology, innovation, water collection and climate adaptation. Its customers include Agricultural industry, Data centers and Community planners.
Permalution has a B2B, B2G and E Commerce business model. Its revenue comes from Product Sales, Project Based and Service Fee.
Permalution has approximately 8 employees.
Permalution has completed 4 funding rounds, raising a total of $100.00K. The latest funding stage is Grant.
Permalution offers: Climate adaptation solutions, Fog water harvesting, Environmental sustainability initiatives.
Top alternatives and competitors to Permalution include SOURCE Global, Montage Technology, Inc, INVENT Umwelt- und Verfahrenstechnik AG, Aclarus Ozone, Carollo Engineers. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Permalution and SOURCE Global are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Permalution, https://bouncewatch.com/company/permalution, updated 29 September 2026. When citing, please name BounceWatch and link this page.

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