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Oxygen8 Solutions

Designs energy-efficient HVAC systems

Overview

Oxygen8 Solutions designs and makes energy-efficient HVAC systems for commercial buildings. Its products include fixed plate energy recovery units and VRV (Variable Refrigerant Volume) integration, which help minimize energy use while maintaining indoor comfort by exchanging heat or moisture between incoming and exhaust air and coordinating refrigerant flow. The company sells directly to building owners and partners with manufacturers’ reps, while also offering ongoing support services. What sets Oxygen8 apart is its combination of energy-recovery and ventilation solutions paired with an emphasis on education and knowledge sharing through programs like the Building Healthy Podcast and ARU (AirReps University), helping designers and installers specify and install effective systems. The overall goal is to create healthier, more comfortable indoor environments and reduce energy consumption in commercial buildings through practical, scalable HVAC solutions.

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About Oxygen8 Solutions

Simplify's Rating
Why Oxygen8 Solutions is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

HardwareIndustrial & ManufacturingEnergyEducation

Company Size

51-200

Company Stage

Seed

Total Funding

$9.6M

Headquarters

Markham, Canada

Founded

2019

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Simplify's take

What believers are saying

  • CBRE secured Oxygen8 a 55,000-square-foot Burnaby headquarters in 2026.
  • Oxygen8 won 2026 ScaleUP Company of the Year and International ScaleUP of the Year.
  • SimScale reported Terra V entering production for offices and schools on 2026-09-23.

What critics are saying

  • BCBusiness on 2025-11-27 cited tariff pressure, refrigerant changes, and supply-chain shocks.
  • Rapid growth across three manufacturing sites strains hiring, quality control, and delivery discipline.
  • A U.S. factory horizon increases execution risk if cross-border demand or policy shifts stall.

What makes Oxygen8 Solutions unique

  • Oxygen8 manufactures high-efficiency ventilation systems for schools, offices, and residential buildings.
  • Its Terra V platform entered production after simulation-driven development with one prototype.
  • James Dean says clients demand sustainability, energy efficiency, and occupant health together.

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Funding

Total Funding

$9.6M

Above

Industry Average

Funded Over

2 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
$2.3M
$3M
$5.6M

Benefits

  • Stock Options
  • Health Insurance
  • Dental Insurance
  • Paid Vacation
  • Hybrid Work Options
  • Professional Development Budget
  • Training Programs
  • Company Social Events

Company News

Olympic International
Sep 24th, 2026
News ASHRAE Whitecaps event.

News ASHRAE Whitecaps event. September 24, 2026 Olympic International had a great time partnering with Oxygen8 to sponsor the recent ASHRAE Whitecaps event. This event brought together industry professionals for an evening of networking, shared insights, and meaningful conversations. Thank you to the ASHRAE team for hosting a fantastic event and to the Oxygen8 team for their collaboration. Opportunities like these are a great way to connect with industry peers, exchange ideas, and strengthen relationships across the HVAC community. Olympic International look forward to continuing the conversation at future industry events. Back to News

CBRE
Mar 3rd, 2026
CBRE helps Oxygen8 secure a 55k SF HQ in Burnaby, BC.

CBRE helps Oxygen8 secure a 55k SF HQ in Burnaby, BC. Metro Vancouver's booming cleantech sector is getting a breath of fresh air. CBRE's Andre Alie Day helped clean technology company Oxygen8 secure a lease for a brand new 55,000 sq. ft. facility at Burnaby's 5085 North Fraser Way. The space will serve as Oxygen8's headquarters and be a "fresh air factory" that includes manufacturing space, office space and specialized areas for building high-efficiency ventilation systems. "Vancouver is home to a ton of growing clean tech companies," says Alie Day. "Big anchors in the market like Oxygen8 are establishing themselves as a global force in this sector. "This new HQ was designed by one of the most reputable, privately owned industrial developers in B.C. and should fully meet all of Oxygen8's needs in the years to come." Navigating a tight market. Oxygen8 was dubbed the fastest-growing company in B.C. between 2020 and 2024 and was recognized by Deloitte Canada in 2024 as the number one clean tech company for posting eye-popping 6,610% (you read that correctly) three-year revenue growth. Having assisted Oxygen8 with its first-ever facility lease at the height of the pandemic, CBRE was eager to help the company find their new headquarters last year. "We go way back," says Alie Day. "The company's first 8,000 sq. ft. space in Burnaby is still up and running, and Oxygen8 has since then grown to three different locations across Metro Vancouver." Finding decent space during the pandemic was a challenge. Vancouver industrial real estate was in high demand. According to CBRE's Q3 2020 figures, the city recorded 1.1 million sq. ft. of positive net absorption in that quarter alone, which made prime warehouse space increasingly difficult to find. The market has since improved but there's still a lack of high-tech industrial manufacturing facilities with office space in well-connected areas that are move-in ready. Most available large-format spaces are farther out in the suburbs, which posed challenges for Oxygen8's employee accessibility and retention. "We didn't compromise to make sure we found the right location for them," Alie Day says. Clean tech rising. Vancouver is home to a rapidly expanding ecosystem of clean technology innovators tackling climate, energy and air-quality challenges. Local firms such as Svante, Moment Energy, Arca Climate, Mangrove Lithium and pH7 Technologies have all been growing rapidly within the last several years and are already making a big impact in the sector, Alie Day points out. "We definitely see more clean-tech companies coming into the market, and that's great news," he says. "Positive growth stories like these really make a difference in inspiring young entrepreneurs and supporting technologies that can make a positive impact on the planet." Oxygen8's new headquarters will give it ample space to scale up technology that is increasingly in demand across North America. "The value of supporting technologies that help make buildings more sustainable and efficient can't be understated," says Alie Day. "Oxygen8 is doing great work and we couldn't be prouder to support their team." Stay in the know. Subscribe today and join hundreds of professionals who get the latest blogs delivered straight to their inbox.

Business In Vancouver
Sep 9th, 2025
How Oxygen8 turned the pandemic into exponential growth

Oxygen8 partnered with Japanese multinational Daikin Industries Ltd., which is the world's largest air conditioner manufacturer.

BetaKit
Nov 6th, 2024
Neo Financial Snags Top Spot On Deloitte’S 2024 Technology Fast 50

This year’s winners achieved an average three-year revenue growth of 3,559 percent

ENGYS
May 17th, 2022
Oxygen8 partners with Integral Group

Oxygen8 partnered with Integral Group, a design engineering consultancy, who completed the study using HELYX Computational Fluid Dynamics (CFD) software.

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