SmartD Technologies Secures $15M CAD Financing Round Co-Led by Hammond Power Solutions and Desjardins Capital to Accelerate Global Deployment of Its SiC-Based VFD Technology

FOR IMMEDIATE RELEASE MONTREAL, CANADA — April 2ⁿᵈ, 2026 — SmartD Technologies, a pioneer in Silicon Carbide (SiC)-based variable frequency drives, today announced the successful closing of its latest financing round totaling $15 million CAD. This round was co-led by existing strategic investor Hammond Power Solutions (HPS) and new institutional shareholder Desjardins Capital. All existing […]

New Catalog, New Power

The SmartD Clean Power VFD Catalog v07 is finally here — and it’s more than just an update. It’s a leap forward. From the very first page, you’ll notice what’s changed — and what hasn’t. We kept what made our drives stand out: the true sine wave, the SiC-powered AFE, the plug-and-play experience. But we’ve […]

The Image contains the words "smartD is partnering with Celestica" in both green and red. With a smartD drive in a black background.

New Manufacturing Partnership

A New Partnership: New Horizons SmartD Technologies, a leader in Silicon Carbide (SiC)-based VFDs, has partnered with Celestica to manufacture its flagship product, the Clean Power VFD. This strategic alliance allows SmartD to scale its supply chain and meet the rising demand for its innovative technology in the industrial automation market. The Clean Power VFD, […]

SmartD Technologies series A investors

SmartD secures $14.2 Million Series A Investment

SmartD Technologies Secures $14.2 Million Series A to Propel Go-to-Market and Next-Generation Variable Frequency Drive Development SmartD Technologies, a leader in the development of Silicon Carbide (SiC)-based variable frequency drives, proudly announces the successful closure of its Series A funding round, securing a total of $14.2 million in investment. Leading the funding round is Investissement […]

SmartD VFD is UL Certified

The Clean Power VFD is UL Certified! SmartD is pleased to announce our Clean Power Variable Frequency Drive is UL certified! Our VFD is UL listed as of February 2022. The UL Listed seal ensures the safety of consumer-ready stand-alone products that go to market. UL certification means that a product was rigorously tested by […]

Batimatech award

Winning Batimatech 2021 Feels Good

Winning Batimatech 2021 feels good for the folks at SmartD. Simon Leblond took on the PitchTech Construction Innovation challenge and gave a 3 minute pitch that landed us a finalist spot at the Propel by MIPIM event in New York City. The #Proptech networking conference in New York pursued future technological and sustainable development solutions […]