Smoothwater Capital is an investment firm that focuses on investing its own capital in small to mid-cap Canadian public companies where there is an identifiable path to significantly improve the share value. It does its own research to identify potential investments, seeking companies that have hard assets that it can value, significant impairment in stock price and a pathway to a rapid increase in value, and in which it can make a material investment. The firm was founded in 2013 and is based in Toronto, Canada.