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Canadian Startup Snags $50M for Vertically Integrated Clean Energy Solution

January 20, 2026 by Knowlton Thomas

Canadian-based home electrification company today announced a massive Series A round of funding.

The major influx of capital for Vancouver-born Jetson, to the tune of $50 million, hails from Eclipse with participation from 8VC, Activate Capital, and existing investors Garage Capital and Active Impact.

The round will fuel Jetson’s expansion into new U.S. states and advance its vertically integrated platform, according ton a statement from the B.C. startup.

Founded in 2024, Jetson centered its early product roadmap on all-electric heat pump systems as a direct replacement for gas furnaces.

Last year, the company launched its flagship offering, Jetson Air, a smart, central heat pump system that heats and cools an entire home through existing ductwork.

Jetson Air showcases the company’s vertically integrated model, which combines direct-to-consumer pricing and purchasing, remote assessments, rebate management, and an in-house installation team to simplify project timelines and reduce upgrade costs.

In October, Vancouver-based home electrification company Jetson Home earned a spot on TIME Magazine’s list of the Best Inventions of 2025.

“Jetson is delivering the future of residential electrification, starting with heat pumps,” believes Ryan Gibson of Eclipse, which led the round.

Gibson says Jetson has “transformed a traditionally painful purchasing and installation cycle into a low-cost and delightful experience for homeowners.”

“This is all driven by a veteran technology team that has previously built extremely advanced hardware and software products,” he adds, “now going after transforming old-line industries.”

Stephen Lake, co-founder and chief executive officer of Jetson, says that, while heat pumps have “worked for decades,” “their cost and complexity have put them out of reach of most homeowners.”

“We’re removing the friction by making the process digital, fast, and affordable,” says Lake, “while fully managing the purchase from start to finish.”

The funding, Lake says, “will help us quickly bring this experience to more homeowners across the U.S. and Canada.”

One example of Jetson’s growth in the U.S. is the company recently converting a former Tesla facility into an operational base to serve the New York region.

Filed Under: News Tagged With: 8VC, Activate Capital, Eclipse, Garage Capital, Jetson

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