Top 50 Biotechnology VC Funds & Investors in Canada (June 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
Innovacorp
VC Fund
|
18 | Canada, Australia, United States | Seed, Grant, Pre-Seed | Software, Information Technology, Health Care | $18k–$3.1M |
|
Toronto Innovation Acceleration Partners
VC Fund
|
17 | Canada, United States | Pre-Seed, Seed | Health Care, Biotechnology, Software | $22k–$8M |
|
Anges Quebec
VC Fund
|
17 | Canada, Spain, United States | Seed, Angel | Software, Health Care, Artificial Intelligence | $366k–$3.1M |
|
Lumira Ventures
VC Fund
|
16 | United States, Canada | Series A, Series B | Biotechnology, Health Care, Medical | $2.9M–$75M |
|
SOSV
VC Fund
|
16 | United States, India, United Kingdom | Seed, Convertible Note, Pre-Seed | Biotechnology, Health Care, Software | |
|
Atlantic Canada Opportunities Agency
VC Fund
|
16 | Canada, United States, France | Grant, Debt Financing, Seed | Software, Manufacturing, Information Technology | $25k–$2M |
|
FACIT
VC Fund
|
13 | Canada, United States | Seed, Pre-Seed | Biotechnology, Health Care, Medical | $1M–$8M |
|
BDC Venture Capital
VC Fund
|
12 | Canada, United States, Japan | Series A, Seed | Software, Information Technology, Artificial Intelligence | $603k–$16M |
|
Amplitude Venture Capital
VC Fund
|
12 | Canada, United States, Israel | Series A, Series B, Seed | Biotechnology, Health Care, Life Science | $2.9M–$85M |
|
BoxOne Ventures
VC Fund
|
12 | Canada, United States, United Kingdom | Seed, Pre-Seed, Series A | Biotechnology, Health Care, Software | $274k–$41M |
|
MaRS Investment Accelerator Fund
VC Fund
|
11 | Canada, United States | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, Health Care | $375k–$14M |
|
Real Ventures
VC Fund
|
11 | Canada, United States, United Kingdom | Seed, Series A, Series B | Software, Artificial Intelligence, Machine Learning | $650k–$50M |
|
Fonds de solidarité FTQ
VC Fund
|
11 | Canada, United States, Israel | Series A, Series B | Manufacturing, Biotechnology, Software | $2.2M–$83M |
|
WUTIF
VC Fund
|
9 | Canada | Seed, Pre-Seed, Series A | Software, Health Care, Biotechnology | $100k–$3.8M |
|
Golden Ventures
VC Fund
|
9 | Canada, United States, Japan | Seed, Series A, Series B | Software, Artificial Intelligence, Information Technology | $1.5M–$47M |
|
E-Fund
VC Fund
|
9 | Canada, China, United States | Seed, Pre-Seed | Health Care, Medical Device, Medical | $256k–$4.2M |
|
Ontario Centres of Excellence
VC Fund
|
8 | Canada, United States | Seed, Grant, Pre-Seed | Software, Information Technology, Health Care | |
|
Business Development Bank of Canada
VC Fund
|
7 | Canada, United States, Argentina | Seed, Series A | Software, Information Technology, Manufacturing | $275k–$15M |
|
VA Angels
VC Fund
|
7 | Canada, United States, India | Seed, Debt Financing | Health Care, Software, Information Technology | $110k–$1.5M |
|
Accelerate Fund
VC Fund
|
7 | Canada, United States | Seed, Series A | Software, Health Care, Medical | $951k–$12M |
|
MEDTEQ+
VC Fund
|
7 | Canada | Seed, Series A | Health Care, Medical Device, Biotechnology | $350k–$18M |
|
Radical Ventures
VC Fund
|
7 | United States, Canada, United Kingdom | Seed, Series A, Series B | Artificial Intelligence, Software, Information Technology | $1.8M–$200M |
|
Ramen Ventures
VC Fund
|
6 | Canada, United States | Seed, Pre-Seed, Angel | Biotechnology, Health Care, Software | $120k–$3.2M |
|
Ontario Centre of Innovation
VC Fund
|
6 | Canada, United States | Seed, Pre-Seed, Grant | Health Care, Medical, Software | $7.3k–$3.1M |
|
GreenSky Ventures
VC Fund
|
6 | Canada, United States, United Kingdom | Seed, Series A | Software, Information Technology, Health Care | $675k–$5M |
|
Garage Capital
VC Fund
|
6 | Canada, United States, South Africa | Seed, Series A, Pre-Seed | Software, Information Technology, Artificial Intelligence | $800k–$50M |
|
Genesys Capital
VC Fund
|
6 | Canada, United States | Series A, Series B | Biotechnology, Health Care, Medical | $1.8M–$105M |
|
Whitecap Venture Partners
VC Fund
|
6 | Canada, United States, Spain | Series A, Seed, Series B | Health Care, Software, Enterprise Software | $717k–$54M |
|
CTI Life Sciences Fund
VC Fund
|
6 | Canada, United States, France | Series A, Series B, Seed | Biotechnology, Health Care, Therapeutics | $3.3M–$62M |
|
iGan Partners
VC Fund
|
5 | Canada, United States, United Kingdom | Seed, Series A | Health Care, Medical, Software | $1.9M–$17M |
|
OrbiMed
VC Fund
|
5 | United States, China, Israel | Series B, Series A, Series C | Biotechnology, Health Care, Medical | $10M–$150M |
|
Hedgewood
VC Fund
|
5 | Canada, United States, India | Seed, Series A | Health Care, Software, FinTech | $725k–$17M |
|
1517 Fund
VC Fund
|
5 | United States, Canada, India | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, Health Care | $250k–$41M |
|
Versant Ventures
VC Fund
|
5 | United States, Switzerland, Canada | Series A, Series B, Series C | Biotechnology, Health Care, Medical | $4.7M–$108M |
|
Natural Products Canada
VC Fund
|
5 | Canada | Seed, Grant, Series A | Biotechnology, Food and Beverage, Nutrition | $242k–$4M |
|
Sustainable Development Technology Canada
VC Fund
|
5 | Canada, United States, Brazil | Grant, Seed | Manufacturing, Energy, Software | $73k–$6.2M |
|
Ontario Brain Institute
VC Fund
|
5 | Canada, United States, France | Grant, Seed | Health Care, Medical Device, Medical | $37k–$14M |
|
Desjardins Venture Capital
VC Fund
|
5 | Canada, United States | Seed, Series A | Software, Information Technology, Manufacturing | $805k–$22M |
|
Golden Triangle Angel Network
VC Fund
|
5 | Canada, United States | Seed, Angel, Grant | Software, Health Care, Medical | $500k–$2.4M |
|
Pallasite Ventures
VC Fund
|
5 | Canada, United States | Seed, Series A, Series B | Software, Health Care, Biotechnology | $988k–$115M |
|
National Research Council of Canada Industrial Research Assistance Program
VC Fund
|
5 | Canada, Norway, Denmark | Grant, Seed | Biotechnology, Software, Health Care | $25k–$2M |
|
Horizons Ventures
VC Fund
|
4 | United States, United Kingdom, Canada | Series A, Series B, Seed | Biotechnology, Software, Artificial Intelligence | $1M–$110M |
|
Maple Leaf Angels
VC Fund
|
4 | Canada, United States | Seed, Pre-Seed, Angel | Software, Health Care, SaaS | $90k–$2.1M |
|
Capital Angel Network
VC Fund
|
4 | Canada, United States | Seed, Angel | Software, SaaS, Artificial Intelligence | $10k–$5M |
|
Hike Ventures
VC Fund
|
4 | United States, Canada, Israel | Seed, Series A, Pre-Seed | Artificial Intelligence, Software, Machine Learning | $1M–$152M |
|
Btomorrow Ventures
VC Fund
|
4 | United States, United Kingdom, India | Series A, Seed, Series B | Health Care, Wellness, Food and Beverage | |
|
OS Fund
VC Fund
|
4 | United States, Canada | Series A, Seed, Series B | Biotechnology, Health Care, Health Diagnostics | $1.6M–$53M |
|
Cycle Capital
VC Fund
|
4 | Canada, United States, Germany | Series B, Seed | Manufacturing, Energy, Electronics | |
|
Angel Forum
VC Fund
|
4 | Canada, United States | Seed, Angel, Pre-Seed | Biotechnology, Health Care, Software | |
|
Groupe Roski
VC Fund
|
4 | Canada, United States | Seed, Series A | Health Care, Biotechnology, Medical | $1.5M–$20M |
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Innovacorp is an early-stage venture capital firm that helps knowledge-based startups commercialize their technologies in the global marketplace. It invests in early stage Nova Scotia entrepreneurs, combining venture capital with business mentoring and incubation facilities. Innovacorp was established in 1995 and based in Halifax, Canada.
Show more...Investment focus
- Industry: Software, Information Technology, Health Care
- Stage:Seed, Grant, Pre-Seed
- Geography: Canada, Australia, United States
Investor stats
- Total investments: 155
- Round size: Seed $50k–$3.1M; Grant $25k–$91k; Pre-Seed $18k–$878k
- Lead/follow: 34% lead, 66% follow
- Last fund: May invest from a new fund soon — raised $40M in 2016
Portfolio highlights
- Bright Breaks — Bright offer on-site and virtual amenities for companies and employees. whether your team is on-site, working from home, or in between.
- Planetary — Planetary restores the chemistry of seawater so it can do what it has always done: support life and protect the planet.
- CarbonCure Technologies — CarbonCure Technologies creates, develops, and licenses solutions that consume waste CO2 to make better concrete. It spurs the market shift towards affordable green concrete, by enabling concrete manufacturers to convert waste CO2 into solid minerals, locked away as a solid within concrete during manufacturing. It is a green building technologycompany currently serving concrete product manufacturers in the US and Canada. It offers concrete producers the ability to manufacture green concrete products without compromising on either quality or price.CarbonCure is a retrofit innovation that repurposes CO2 gas from large final emitters as a feedstock in concrete plants. The gas is permanently converted into embedded solid mineral carbonates that yield material, environmental, and production advantages. By enabling concrete manufacturers to consume CO2 into concrete products during manufacturing, the technology differentiates an otherwise traditional commodity concrete product, while achieving superior material performance characteristics. In addition to technology, CarbonCure provides demand-pull marketing and environmental reporting/certification services to reinforce its customers’ exclusive competitive positioning. The technology is licensed at a very low-CAPEX to concrete producers, generating a recurring revenue stream.CarbonCure Technologies was founded in 2007 and is headquartered in Halifax, Nova Scotia.
MaRS Innovation (MI) is a commercialization engine that integrates, centralizes and accelerates time to market of the discovery and intellectual property assets from its 15 world-class research institutions. MI’s discovery and innovation pipeline is derived from $1 billion in annual R&D funding. Created as a not-for-profit organizationthrough the Government of Canada’s Center of Excellence for Commercialization and Research program (CECR), MI has raised $50 million from federal and provincial governments, member institutions and industry partners. MI’s vision is to transform the Toronto-based research enterprise into one of world’s most successful commercialization clusters.Through detailed, market facing due diligence, MI identifies opportunities from Canada’s largest academic cluster for further development and commercialization through project management, intellectual property management, investment and technology development. By crossing the innovation gap, MI transforms these opportunities into successful high-value licensing transactions and financeable start-up companies.
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- Industry: Health Care, Biotechnology, Software
- Stage:Pre-Seed, Seed
- Geography: Canada, United States
Investor stats
- Total investments: 60
- Round size: Seed $73k–$8M; Pre-Seed $22k–$525k
- Lead/follow: 5% lead, 95% follow
Portfolio highlights
- HDAX Therapeutics — HDAX Therapeutics novel modality unlocks a never-seen-before binding mechanism to key biological molecules.
- Radiant Biotherapeutics — Radiant Biotherapeutics: Transformative, multi-valent, multi-specific antibody platform: Multabody
- Grey Matter Neurosciences — Grey Matter Neurosciences is a neurotechnology firm developing new medical devices and drug-device combinations to treat age-related brain illnesses like dementia.
Value-added investors for innovative entrepreneurs.
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- Industry: Software, Health Care, Artificial Intelligence
- Stage:Seed, Angel
- Geography: Canada, Spain, United States
Investor stats
- Total investments: 154
- Round size: Seed $805k–$3.1M; Angel $366k–$1.3M
- Lead/follow: 18% lead, 82% follow
Portfolio highlights
- Zilia — Zilia's non-invasive assessment of biomarkers in the eye redefines the way we prevent, diagnose, and treat various diseases.
- Opalia — Opalia is introducing a new era of dairy: functional, delicious, and sustainable dairy made from mammary cells.
- Gray Oncology Solutions — Gray Oncology Solution is a healthcare enterprise software company that commercializes GrayOS, the operating system for oncology.
Lumira Ventures, a later stage VC, partners & invests in best-in-class innovative biotherapeutic & medtech entrepreneurs building transformative companies.
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- Industry: Biotechnology, Health Care, Medical
- Stage:Series A, Series B
- Geography: United States, Canada
Investor stats
- Total investments: 111
- Round size: Series A $2.9M–$62M; Series B $12M–$75M
- Lead/follow: 29% lead, 71% follow
- Last fund: Likely still investing — fund raised in 2022
Portfolio highlights
- Specific Biologics — Specific Biologics' mission is to develop novel gene editing technologies to treat diseases at the genetic level in cells inside the body.
- KisoJi Biotechnology — KisoJi is a leading next-generation antibody company developing multi-specific antibodies to address difficult targets in oncology and other diseases
- XyloCor Therapeutics — XyloCor Therapeutics is a bio-pharmaceutical company intended to develop gene therapy for people with advanced coronary artery disease. The company's service focuses on developing gene therapy to stimulate the formation of new coronary blood vessels and serve areas of the heart that are not receiving adequate blood supply, enabling patientswith refractory angina who exhausted pharmacologic options to cure their cardiovascular diseases painlessly and cost effectively.
SOSV is a global, deep tech venture capital firm that operates the HAX and IndieBio startup development programs focused on human and planetary health. SOSV invests $500,000 in startups at their inception as they onboard either HAX or IndieBio for a 4-6 month period designed to accelerate the raise of their next institutional round. SOSV joins thelater rounds of HAX and IndieBio graduates. HAX, based in a 35,000 sq ft facility in Newark, NJ, is equipped with machine tools, 3D printers, chemical, electrical and mechanical engineering labs, as well as on-staff engineering and design experts. SOSV's IndieBio has locations in NYC and San Francisco, both of which offer extensive services and facilities to founders including on-site BSL-2 labs, well equipped lab benches and hoods, and advanced lab equipment, such as chromatography equipment.
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- Industry: Biotechnology, Health Care, Software
- Stage:Seed, Convertible Note, Pre-Seed
- Geography: United States, India, United Kingdom
Investor stats
- Total investments: 1482
- Lead/follow: no public data
Portfolio highlights
- MixRift — MIXRIFT - game developers specialized in Mixed Reality
- unspun — From 3D scan to perfect fitting custom jeans. unspun makes each pair of jeans unique to your actual body and design. On a mission to reduce global carbon emissions by 1%. As seen in Fast Company's World Changing Ideas, Time's Best Inventions, and PopSci's Best of What's New. Welcome to the future of apparel.
- Mesa Quantum — Unlock the potential of chip-scale quantum sensing for enhanced Position, Navigation, And Timing capabilities. Explore Mesa Quantum's practical solutions.
The Atlantic Canada Opportunities Agency works to create opportunities for economic growth in Atlantic Canada by helping businesses become more competitive, innovative and productive, by working with diverse communities to develop and diversify local economies, and by championing the strengths of Atlantic Canada. Together, with Atlantic Canadians,we are building a stronger economy.
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- Industry: Software, Manufacturing, Information Technology
- Stage:Grant, Debt Financing, Seed
- Geography: Canada, United States, France
Investor stats
- Total investments: 206
- Round size: Seed $25k–$2M; Grant $30k–$2M; Debt Financing $138k–$1.1M
- Lead/follow: 82% lead, 18% follow
Portfolio highlights
- Greenii — Greenii provides recycling services for paper bags. They offer services that include newsprint paper bags, kraft paper bags, logo printing, crinkle paper shreds, and shredded cardboard.
- ReelData AI — ReelData AI provides artificially intelligent monitoring for finned fish aquaculture. It delivers weight distributions, feeding analysis, health analysis, and growth analysis
- RFINE Biomass Solutions — RFINE Biomass Solutions is to make coffee waste sustainable and delightful.
We transform the most promising oncology innovations into highly competitive opportunities that benefit patients, researchers, investors, and Ontario's economy.
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- Industry: Biotechnology, Health Care, Medical
- Stage:Seed, Pre-Seed
- Geography: Canada, United States
Investor stats
- Total investments: 29
- Round size: Seed $1M–$8M
- Lead/follow: 21% lead, 79% follow
Portfolio highlights
- Esphera SynBio — Creating modified exosomes that can be designed to have targeting moieties on their surface and a variety of protein or RNA payloads in their lumen.
- Hyivy Health — Hyivy Health is working on the first smart pelvic health rehabilitation system for patients and the clinicians who treat them.
- HDAX Therapeutics — HDAX Therapeutics novel modality unlocks a never-seen-before binding mechanism to key biological molecules.
BDC Venture Capital is a major venture capital investor in Canada, active at every stage of the company's development cycle, from seed through expansion, with a focus on technology-based businesses that have high growth potential and that are positioned to become dominant players in their markets. The company helps create and develop strongCanadian businesses through financing, consulting services and securitization, with a focus on small and medium-sized enterprises.BDC Venture Capital has been involved in venture capital since 1975 and has to date invested in more than 400 companies involved in the areas of Life Sciences, Telecommunications, Information Technology and Advanced Technologies.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Series A, Seed
- Geography: Canada, United States, Japan
Investor stats
- Total investments: 401
- Round size: Seed $603k–$5M; Series A $3.1M–$16M
- Lead/follow: 27% lead, 73% follow
Portfolio highlights
- Arteria AI — Arteria unlocks the power of your contracts by helping you to generate, negotiate and turn your executed contracts into data that allow you to diagnose problems, identify opportunities and drive value for your organization.
- Augmenta Inc. — Design sustainable, code compliant and fully constructible buildings in hours.
- CarbonCure Technologies — CarbonCure Technologies creates, develops, and licenses solutions that consume waste CO2 to make better concrete. It spurs the market shift towards affordable green concrete, by enabling concrete manufacturers to convert waste CO2 into solid minerals, locked away as a solid within concrete during manufacturing. It is a green building technologycompany currently serving concrete product manufacturers in the US and Canada. It offers concrete producers the ability to manufacture green concrete products without compromising on either quality or price.CarbonCure is a retrofit innovation that repurposes CO2 gas from large final emitters as a feedstock in concrete plants. The gas is permanently converted into embedded solid mineral carbonates that yield material, environmental, and production advantages. By enabling concrete manufacturers to consume CO2 into concrete products during manufacturing, the technology differentiates an otherwise traditional commodity concrete product, while achieving superior material performance characteristics. In addition to technology, CarbonCure provides demand-pull marketing and environmental reporting/certification services to reinforce its customers’ exclusive competitive positioning. The technology is licensed at a very low-CAPEX to concrete producers, generating a recurring revenue stream.CarbonCure Technologies was founded in 2007 and is headquartered in Halifax, Nova Scotia.
Amplitude Ventures is a full-stack venture capital firm focused on investing in precision medicine at the intersection of biology. and AI
Show more...Investment focus
- Industry: Biotechnology, Health Care, Life Science
- Stage:Series A, Series B, Seed
- Geography: Canada, United States, Israel
Investor stats
- Total investments: 31
- Round size: Seed $6.6M–$12M; Series A $2.9M–$85M; Series B $35M–$83M
- Lead/follow: 39% lead, 61% follow
- Last fund: May invest from a new fund soon — raised $146M in 2019
Portfolio highlights
- Deep Genomics — Revolutions in AI, biology and automation are enabling a new approach to medicine. Deep Genomics is at the forefront.
- Reverb Therapeutics — Reverb Therapeutics engages in the development of treatments for cancer and other diseases.
- Congruence Therapeutics — ABOUT US We are a drug discovery company that is uniquely harnessing the power of protein dynamics, biophysics, machine learning and computational chemistry. Our Science Traditional drug design is limited At Congruence,
BoxOne Ventures is a privately held investment firm that focuses on early-stage companies across the most impactful, interesting and fast-changing sectors.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Software
- Stage:Seed, Pre-Seed, Series A
- Geography: Canada, United States, United Kingdom
Investor stats
- Total investments: 64
- Round size: Seed $1.1M–$8.7M; Pre-Seed $274k–$2M; Series A $717k–$41M
- Lead/follow: 9% lead, 91% follow
Portfolio highlights
- DrugBank — DrugBank augments human intelligence to improve the world’s health. Our suite of products are powered by the world’s most complete and up-to-date pharmaceutical knowledge database. It includes everything there is to know about drugs and how they work in the body. We enable companies to improve healthcare delivery through precision medicine orclinical software applications, as well as uncover insights through data science in drug discovery. Our knowledge base can be integrated into software solutions to help achieve clinical intelligence. Companies can easily scale their usage through our API and launch faster with flexible data modules. By providing users with advanced insights and the right information at the right time, users are empowered to make better health decisions.Our extensive, structured datasets are used to discover novel drug candidates, identify drug repurposing opportunities, and build predictive machine learning models. Companies working with data science can find answers quickly and get drugs to market faster with our evidence-based drug information. Lastly, our publicly available resource, DrugBank Online, is free-to-use with limited datasets available for download for academic and non-commercial researchers. DrugBank has been cited in over 13,000 academic publications and is used by millions of researchers and health professionals globally.
- Axonis Therapeutics — AXONIS Therapeutics, Inc. is advancing breakthrough discoveries to develop first-in-class therapies for neurological disorders.
- Vivid Machines — Digitizing permanent crop production | Vivid Machines | Ontario
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Show more...Investment focus
- Industry: Software, Artificial Intelligence, Health Care
- Stage:Seed, Pre-Seed, Series A
- Geography: Canada, United States
Investor stats
- Total investments: 156
- Round size: Seed $375k–$3.8M; Pre-Seed $549k–$1.2M; Series A $2.2M–$14M
- Lead/follow: 17% lead, 83% follow
Portfolio highlights
- Axonify — Axonify provides eLearning software, interval reinforcement solutions, and gamified learning. Using principles of interval reinforcement and incorporating the realities of how emerging workforces learn in today’s environment, Axonify enables its customers to make training stick and improve employee performance.
- SceneDoc — SceneDoc is public safety’s first all-in-one mobile software for data collection and retrieval. By modernizing with SceneDoc, agencies operate with higher levels of clarity and control, with fewer moving parts, capturing data and reporting at the point of need. SceneDoc is saving agencies an hour of paperwork per shift on average, resulting in lesstime reporting and more time in the community so officers can do what they do best.
- SYMX.AI — Digitally Transforming the Resource Industry in Real-Time with End-to-End Actionable Data Insights
Real Ventures is an early-stage venture firm focused on serving daring entrepreneurs with the ambition to create successful, global companies. Since 2007, Real Ventures has dedicated itself to building the Canadian startup ecosystem on the belief that people, not money, build game-changing companies. Real Ventures provides stage-specific guidance,mentorship, and access to networks and resources to fast-track founders’ personal and company growth. Real Ventures manages $325 million across five funds and its active portfolio of 100+ companies is currently valued at $10 billion. www.realventures.com
Show more...Investment focus
- Industry: Software, Artificial Intelligence, Machine Learning
- Stage:Seed, Series A, Series B
- Geography: Canada, United States, United Kingdom
Investor stats
- Total investments: 208
- Round size: Seed $650k–$5M; Series A $2.2M–$22M; Series B $2.8M–$50M
- Lead/follow: 16% lead, 84% follow
- Last fund: May invest from a new fund soon — raised $132M in 2017
Portfolio highlights
- Fletch — Fletch - the cybersecurity answer engine. Get ahead and stay ahead of cyber threats.
- BenchSci — BenchSci is the world leader in AI-Assisted Reagent Selection and Experiment Design. Our preclinical R&D SaaS platform uses machine learning to help pharmaceutical companies increase their research velocity.
- Nord Quantique — Nord Quantique creates quantum processors based on second-generation technology.
Fonds de solidarité FTQ is a private equity and venture capital firm specializing in investments in start-ups, early venture, mergers, business acquisitions, management buyouts, market development project or a buyout, financing for new programs, organic growth and cash flow, growth and expansion financings, development capital, business succession,financial restructuring, business transition financing, family and non-family buyout, consolidations, turnaround, and leveraged management buyouts. It also invests in new markets, product and business line developments, market diversification, interim financings, new product marketing, additional working capital, purchase of tangible and intangible assets, equipment modernization, equipment purchases or upgrades, and integrator projects. The firm has regional funds that do not invest in retail, real estate, farming, biotechnology, and financial services. Fonds de solidarité FTQ invests in small and medium-sized businesses. It typically invests in export projects, forest products, productivity improvement, natural resources, aerospace, agri-food, wood, pulp and paper, chemicals, construction and construction materials, printing, transportation equipment and automobiles, transportation services, furniture and fixtures, combinatorial chemistry and other lead generating technologies, mining and exploration, social economy, textiles, plastics, life sciences, business services, telecommunications, distribution and consumer goods, environment, equipment and machinery, financial services, information and communication technology, metal products, recreational tourism, and culture sectors. Within the culture sector, Fonds de solidarité FTQ seeks to invest in pre-production and creative projects, production projects, infrastructures and services, post-production projects, distribution, and broadcasting and multiplatform broadcasting. Within the environment sector, it invests in waste management and energy conversion for residual waste; air treatment and reduction of greenhouse gas emissions; processes to reduce industrial energy and water consumption; water treatment; and soil rehabilitation and decontamination (metals and organic compounds). Within the life sciences sector, Fonds de solidarité FTQ focuses on services for the biopharmaceutical industry; nutraceuticals and cosmeceuticals; diagnostics and medical supplies and equipment; biopharmaceuticals and generic drugs; biotechnology, and animal health. Within the tourism sector, it focuses on urban tourism, nature tourism, resort type tourism, and local tourism for Quebecers, and in the textiles sector it invests in companies engaged in development and production of specialty textiles as well as development of industrial applications for the construction, transportation, health and safety, and work apparel industries. Fonds de solidarité FTQ prefers to invest in Quebec and in companies impacting the Québec economy. It focuses on investing in the following regions- Abitibi –Témiscamingue, Bas Saint Laurent, Chaudière-Appalaches, Côte-Nord, Estrie, Gaspésie Îles-de-la-Madeleine, Lanaudière, Laurentides, Laval, Mauricie - Centre-du-Québec, Montérégie, Nord-du-Québec, Outaouais, and Saguenay-Lac-St-Jean. Fonds de solidarité FTQ seeks to invest in projects of $3 million or more and also provides loans of up to $ 2 million. It invests in companies in business succession sector having minimum capitalization of $500,000 and EBITDA of over $35.5 million in case of majority interest; equipment and machinery sector with average investment in excess of $3 million; environment sector with funding needs of more than $500000; financial services sector having net assets between $20 million and $50 million in equity; metal products sector having annual sales of over $5 million and financing needs of at least $2 million; and printing sector having investment needs of over $1 million. In the information technology sector, Fonds de solidarité FTQ seeks to invest $2 million as initial investments while total investments can be more than $10 million. It invests in the form of equity financing (common or preferred shares) and unsecured debt requiring no collateral (debenture). Fonds de solidarité FTQ can take both a minority interest including an equity stake of up to 49 percent as well a majority interest in its portfolio companies in case of business succession financing. It seeks a minority stake for the portfolio companies in the equipment and machinery sector. It typically holds its investments for a period of five to ten years in case of equity financing and for more than ten years in case of business succession financing. Fonds de solidarité FTQ began operation on June 23, 1983. It has its headquarters in Montreal in Canada with additional offices in the same city and Quebec in the same country.
Show more...Investment focus
- Industry: Manufacturing, Biotechnology, Software
- Stage:Series A, Series B
- Geography: Canada, United States, Israel
Investor stats
- Total investments: 196
- Round size: Series A $2.2M–$62M; Series B $6M–$83M
- Lead/follow: 45% lead, 55% follow
- Last fund: May invest from a new fund soon — last raise in 2016
Portfolio highlights
- Rail GD — Rail GD Inc. is a mechanical and refurbishing workshop of tourist trains, Colorado Railcar, passenger cars, freight cars and locomotives. Design, engineering and integration.
- Lufa Farms — Find out how to subscribe to weekly fully customizable local food baskets.
- Namakor Holdings — Namakor Holdings is recognized for its deep operational experience. It is focused on acquiring mid-market companies in the industrial manufacturing sector in North America and in integrating top-tier management teams that drive profitability through operational efficiency, organic revenue growth, or growth from strategic acquisitions to createlong-term value. The Namakor partners believe in long-term commitments to generate optimal profitability in a sustainable way. As such, NAMAKOR Holdings is the right solution for SME owners and managers who want to ensure the continued success of their business over the long term. In addition to investing in promising businesses, NAMAKOR Holdings provides them with constant operational support and enables them to benefit from ready access to a comprehensive business network.
WUTIF Capital (VCC) Inc. is a novel angel fund that co-invests with angel investors in promising new technology ventures in British Columbia. WUTIF was formed in mid-2003 and made its first investments in late 2004.
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- Industry: Software, Health Care, Biotechnology
- Stage:Seed, Pre-Seed, Series A
- Geography: Canada
Investor stats
- Total investments: 72
- Round size: Seed $100k–$3.8M; Pre-Seed $256k–$1.2M
- Lead/follow: 10% lead, 90% follow
Portfolio highlights
- ViewsML — Explore cutting-edge AI solutions for cancer treatment, diagnosis, and research. Discover how clinical labs leverage artificial intelligence for precise cancer detection and diagnosis.
- Carbonyx — Carbonyx is a biotechnology company that transforms industrial waste into valuable byproducts while permanently storing carbon dioxide.
- Polar Beer Taps — Polar Beer Taps Permafrost V3 system is leading the way in the future of portable beverage serving. They can provide reliable, high-quality commercial draft systems to any location, which elevates any event.
Golden Ventures is a leading seed-stage venture capital fund, based in Toronto and investing across North America. We back bold teams and their transformative ideas.
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- Industry: Software, Artificial Intelligence, Information Technology
- Stage:Seed, Series A, Series B
- Geography: Canada, United States, Japan
Investor stats
- Total investments: 179
- Round size: Seed $1.5M–$7.5M; Series A $5.9M–$32M; Series B $14M–$47M
- Lead/follow: 19% lead, 81% follow
- Last fund: Likely still investing — fund raised in 2021
Portfolio highlights
- Wattpad — Wattpad is a digital entertainment company providing an online social storytelling platform for original stories.The company utilizes the power of community and technology to enable the creation and distribution of content across a variety of formats. Its flagship app, Wattpad, is home to a community of more than 65 million people who spend over20 billion minutes a month engaged in original stories. Tap by Wattpad, the company’s second storytelling product, offers short, chat-based stories in over a dozen languages. Wattpad Studios co-produces stories for film, television, digital, and print, together with industry partners. Wattpad Brand Solutions offers a full suite of advertising products to help brands build deep engagement with Millennial and Gen Z consumers.It was established by Allen Lau and Ivan Yuen in Toronto, Ontario, Canada in 2006.
- OMsignal — Discover our range of Hexoskin and Astroskin Smart Garments for health and fitness tracking. Find the perfect Shirts and Kits for your needs today!
- CruxOCM — Crux OCM: Automate your oil and gas control room operations
The E-Fund (VANTEC Entrepreneurs Fund VCC Inc.) was established in 2011 to invest in promising new ventures in British Columbia in a wide range of industry sectors. They are focused on co-investing with other angel investors and early-stage venture capital firms in seed-stage companies with high growth opportunities.The E-Fund involvesspecific investors in the investment due diligence process depending on their industry experience and knowledge and their particular technical expertise. It is their goal to become the ‘Go-to Braintrust’ for active and in-depth angel investing.
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- Industry: Health Care, Medical Device, Medical
- Stage:Seed, Pre-Seed
- Geography: Canada, China, United States
Investor stats
- Total investments: 55
- Round size: Seed $474k–$4.2M; Pre-Seed $256k–$1M
- Lead/follow: 5% lead, 95% follow
Portfolio highlights
- ViewsML — Explore cutting-edge AI solutions for cancer treatment, diagnosis, and research. Discover how clinical labs leverage artificial intelligence for precise cancer detection and diagnosis.
- Care2Talk — Care2Talk is a video call mobile app for senior citizens that is secure, fast, and easy to navigate with 7-day battery life.
- VoxCell BioInnovation — Creating an extraordinary line of solutions for the drug development industry and the field of Oncology research.
The Ontario Centres of Excellence invests in projects and people to accelerate industry R&D to impact the Ontario economy through the commercialization of leading edge research.OCE invests in- Industry-Academic collaborative research- Commercialization of academic research through licensing and spin off companies- Early stage seedfinancing of start-ups- Skills development for high quality personnelThe Ontario Centres of Excellence is a not-for-profit corporation founded in 1987. Core funding is provided by the Ontario Ministry of Research and Innovation
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- Industry: Software, Information Technology, Health Care
- Stage:Seed, Grant, Pre-Seed
- Geography: Canada, United States
Investor stats
- Total investments: 150
- Lead/follow: no public data
Portfolio highlights
- Uride — Welcome to Uride - your reliable and affordable ridesharing service with a community-focus. Enjoy the ease of quick pickups, lower fares, and a user-friendly app designed to make your travels smoother. Start riding today!
- FluidAI Medical — Real-Time Monitoring for Anastomotic Leaks with Origin, by FluidAI. Early data shows FluidAI's Origin can detect leaks an average of 1.6 days earlier.
- Novel Biotechnology — Novel Biotechnology is building high-throughput bacterial platforms for the biotech industry, with a focus on plasmid DNA manufacturing.
We are BDC, the bank for Canadian entrepreneurs. We support small and medium-sized businesses in all industries and at every stage of growth with money and advice. We are the Business Development Bank of Canada.
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- Industry: Software, Information Technology, Manufacturing
- Stage:Seed, Series A
- Geography: Canada, United States, Argentina
Investor stats
- Total investments: 257
- Round size: Seed $275k–$5M; Series A $3M–$15M
- Lead/follow: 40% lead, 60% follow
Portfolio highlights
- Dozr — Construction equipment rentals available near you. From compact track loader to aerial work platform rentals, research prices and reserve heavy equipment rentals online.
- Quadshift — Quadshift provides software solutions to thousands of businesses in a variety of vertical markets by acquiring and building great B2B software companies and holding them for the long term.
- Tracktile — Tracktile lets you configure your manufacturing operation through inventory and production software. Gain full visibility into your operation. Talk To Us!
VA Angels, one of Canada’s leading angel investment groups, has member locations in Calgary, Edmonton, Kelowna and Winnipeg. Since 2003 they have done 57 deals worth $28.5 million and are one of the most active angel groups in Canada.
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- Industry: Health Care, Software, Information Technology
- Stage:Seed, Debt Financing
- Geography: Canada, United States, India
Investor stats
- Total investments: 109
- Round size: Seed $110k–$1.5M
- Lead/follow: 3% lead, 97% follow
- Last fund: May invest from a new fund soon — last raise in 2015
Portfolio highlights
- Tonit — Connect with local riders. Discover hundreds of rides & events. Track & share your ride. Share photos & videos with the community.
- PLAYR.gg — Surf Giveaways is the #1 platform to run giveaways, sweepstakes, and contests for gamers. Grow your audience and build your community with giveaways now!
- eThor — Trusted By National Brands Trusted By National Brands Contactless In the age of COVID-19, it's more important than ever to provide your customers a safe way to pay. eThor offers a number of contactless payment options, from Apple Pay, Samsung Pay or other forms of
Accelerate Fund supports the growth of early-stage Alberta technology companies with a multi million dollar fund that combines co-investment from angel investors.
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- Industry: Software, Health Care, Medical
- Stage:Seed, Series A
- Geography: Canada, United States
Investor stats
- Total investments: 57
- Round size: Seed $1M–$6.6M; Series A $951k–$12M
- Lead/follow: 26% lead, 74% follow
- Last fund: May invest from a new fund soon — raised $15M in 2020
Portfolio highlights
- Kiwi Grocery — Kiwi Grocery cuts out the grocery store and delivers direct to your door. That means you pay less for your groceries and save on costly service fees. Kiwi users save 35% on their grocery checkout totals compared to other delivery apps.
- Truffle — Truffle enables restaurants of all sizes to empower their teams, increase profits, and provide a smart dining experience that customers expect, with tools to manage your restaurant in a single platform. Truffle offers restaurants flexible tools to expand into Point of Sale, Online Ordering, Table Side, Delivery Management, Automated Pickup, TableReservations and Guest Marketing.
- Dryrun — From lightening fast data imports and automated forecasts, through to unmatched control to model out scenarios, Dryrun is the choice for CFOs managing cash flow for multi-million dollar businesses. Dryrun integrates with Sage Intacct, QuickBooks Online, Xero and Pipedrive.
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Browse database — It's Free!MEDTEQ is a non-profit organization for industrial research and innovation in medical technology. The organization accelerates the development of innovative technological solutions to improve patients’ health and quality of life by mobilizing Canadian talents. They bringing together the key players in healthcare and innovation allows them and theirpartners, to offer Canadians access to novel solutions.MEDTEQ’s mission is, through collaborative, industry-led projects, to accelerate innovation and position, on a global scale, products and services developed by the Canadian medical technologies industry.
Show more...Investment focus
- Industry: Health Care, Medical Device, Biotechnology
- Stage:Seed, Series A
- Geography: Canada
Investor stats
- Total investments: 29
- Round size: Seed $350k–$4M; Series A $2.9M–$18M
- Lead/follow: 48% lead, 52% follow
- Last fund: May invest from a new fund soon — raised $10M in 2018
Portfolio highlights
- Eli — At-home hormone testing from Eli Health: track cortisol, progesterone, and testosterone with saliva tests that deliver lab-grade results in 20 minutes.
- LUCID — LUCID curates and creates personalized therapeutic music using biometrics, psychometrics, and AI to improve mental health and wellness.
- HALEO Clinic — HALEO is an online insomnia clinic that fits in your pocket
Radical Ventures invests in the future of how we live, work and play, partnering with founders who understand the transformational power of AI.
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- Industry: Artificial Intelligence, Software, Information Technology
- Stage:Seed, Series A, Series B
- Geography: United States, Canada, United Kingdom
Investor stats
- Total investments: 115
- Round size: Seed $1.8M–$27M; Series A $7M–$53M; Series B $30M–$200M
- Lead/follow: 49% lead, 51% follow
Portfolio highlights
- P-1 AI — P-1 AI is a technology company focused on developing an artificial general engineering intelligence (AGEI) designed to help humanity design physical systems with far greater efficiency and complexity than currently possible.
- Covariant — Covariant is a developer of artificial intelligence for robotics. Covariant is building the Covariant Brain, a universal AI to give robots the ability to see, reason and act on the world around them.
- Lisa Health — Midday is a science-backed, personalized menopause app that supports women on their menopause and healthy aging journey. Manage symptoms and midlife health, track your menopause stage and symptoms, and access menopause specialists, therapeutic support, and education.
We angel invest in founders who will improve the lives of millions. Based in Toronto, Canada.
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- Industry: Biotechnology, Health Care, Software
- Stage:Seed, Pre-Seed, Angel
- Geography: Canada, United States
Investor stats
- Total investments: 22
- Round size: Seed $1.3M–$3.2M; Pre-Seed $120k–$1.5M
- Lead/follow: 0% lead, 100% follow
- Last fund: May invest from a new fund soon — raised $10M in 2018
Portfolio highlights
- ALT TEX — ALT TEX is creating sustainable textiles regenerated from post-industrial waste.
- Spare — Spare is your all-in-one mobility operations platform, designed to provide an end-to-end platform ecosystem for operating modern paratransit and microtransit systems.
- Mayday — Time is your most valuable asset. Make sure you're spending it wisely.
Ontario Centre of Innovation provides a preeminent research-to-commercialization vehicle in Ontario
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- Industry: Health Care, Medical, Software
- Stage:Seed, Pre-Seed, Grant
- Geography: Canada, United States
Investor stats
- Total investments: 44
- Round size: Seed $366k–$3.1M; Grant $7.3k–$110k; Pre-Seed $146k–$2.3M
- Lead/follow: 34% lead, 66% follow
Portfolio highlights
- Quthero — Accelerating the ways we treat wounds today - from passive to rapid, & healthy wound management
- Noa Therapeutics — Defying the convention of traditional drug development to revolutionize treatment options for complex inflammatory skin diseases.
- MIMOSA Diagnostics — MIMOSA Diagnostics is an m-health tech startup with a novel handheld device and integrated smartphone app for image visualization of skin health. MIMOSA is bringing medical grade technology out of hospitals and into the hands of patient consumers. The value proposition for MIMOSA’s AI diagnostic data warehouse will provide metadata insightsintegrated with patient EMR/EHR systems. Our first commercial entry launch is in the Diabetes sector, with future expansion to follow into other therapeutic areas.MIMOSA diagnostics puts the future of skin health into your hands. The MIMOSA is one of the few handheld multispectral skin imaging devices in the healthcare industry. Our proprietary algorithms risk profile the skin in various clinical settings. Our technology will allow healthcare to be equitable, efficient, and more personalized for all.
GreenSky Ventures is a Toronto-based firm that makes investments in early-stage Canadian technology companies.GreenSky Ventures seeks early-stage B2B technology companies in Canada, emphasizing protectable IP and experienced management. It makes investments in early-stage technology companies through its affiliated venture capital funds, GreenSkyAccelerator Fund I, II and III. Their principals bring a unique combination of experience in technology, law, and finance to high-growth potential companies and dedicated entrepreneurs.GreenSky Capital was founded in Toronto, Ontario in 2010 by Geoff Simonett and Michael T. R. List.
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- Industry: Software, Information Technology, Health Care
- Stage:Seed, Series A
- Geography: Canada, United States, United Kingdom
Investor stats
- Total investments: 64
- Round size: Seed $675k–$5M; Series A $2.3M–$4.4M
- Lead/follow: 69% lead, 31% follow
- Last fund: Likely still investing — fund raised in 2023
Portfolio highlights
- Assetflo — Assetflo provides mobile IoT solutions for tracking the precise location from tracking applications.
- Stratly — Boost your donation revenue, centralize data, and deepen donor engagement with Stratly's all-in-one fundraising platform.
- BioAlert Solutions — Innovative real-time Legionella detection system for industrial facilities. Lower operational costs and meet regulatory compliance.
Built by founders, for founders. Garage Capital helps best-in-class companies jump from garage to growth.
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- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Series A, Pre-Seed
- Geography: Canada, United States, South Africa
Investor stats
- Total investments: 119
- Round size: Seed $1.6M–$7M; Pre-Seed $800k–$3.6M; Series A $7.3M–$50M
- Lead/follow: 8% lead, 92% follow
Portfolio highlights
- CoRecruit (formerly Quil) — Quil is the AI assistant helping recruiting agencies eliminate hours of busywork. Automate interview notes, ATS updates, candidate submittals & more.
- Uvaro — Remix your favorite resources and hacks with your best company content in a personalized hub that moves as fast as your team does
- tofu — tofu is an online marketplace for founders, hiring managers, and talent team leaders to find talent.
Genesys Capital is one of Canada's leading venture capital firms, investing in early-stage healthcare and biotechnology companies to drive innovation and improve lives.
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- Industry: Biotechnology, Health Care, Medical
- Stage:Series A, Series B
- Geography: Canada, United States
Investor stats
- Total investments: 33
- Round size: Series A $1.8M–$21M; Series B $20M–$105M
- Lead/follow: 15% lead, 85% follow
- Last fund: May invest from a new fund soon — raised $125M in 2016
Portfolio highlights
- Inversago Pharma — Inversago Pharma is a preclinical-stage, biotech company specialized in the development of new therapies focusing on CB1 blockade, based on first-in-class, peripherally-acting, CB1 inverse agonists.
- Feldan Therapeutics — Feldan Therapeutics has developed a patented peptide-based technology platform, the Feldan Shuttle, which enables fast and safe intracellular delivery. The company's mission is to develop leading-edge therapeutic applications based on its proprietary platform, as demonstrated by its current pipeline of clinical programs taking advantage of theunique characteristics of the Shuttle.
- Veralox Therapeutics — Veralox Therapeutics develops small molecule therapeutics that treat the underlying pathologies of thrombosis and type one diabetes. Based on an understanding of the molecular mechanisms of these diseases, these efforts will lead to new treatment paradigms and better outcomes for patients.
Whitecap Venture Partners is a Canadian-based Venture Capital fund investing in early stage technology companies. Whitecap is headquartered in Toronto and invests across Canada and the Northeastern US. Since Whitecap’s inception the early 1990s, Whitecap recognises the power of real collaboration between entrepreneurs and investors. This rapportenables them to provide significant value to companies along with strong returns across investment cycles.Whitecap specialises in Information & Communication Technologies (ICT) and Medical Technologies. Whitecap is continually searching for upcoming ventures to support as the next generation of exceptional enterprises.
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- Industry: Health Care, Software, Enterprise Software
- Stage:Series A, Seed, Series B
- Geography: Canada, United States, Spain
Investor stats
- Total investments: 46
- Round size: Seed $717k–$6M; Series A $4.1M–$20M; Series B $8.3M–$54M
- Lead/follow: 54% lead, 46% follow
- Last fund: Likely still investing — raised $102M in 2021
Portfolio highlights
- LocusX — LocusX is a gaming technology startup focused on accelerating and automating the bug resolution cycle in game development using an AI-powered issue resolution engine.
- Altoida — Altoida is creating a new gold standard in brain health with Precision Neurology. We're radically transforming the method for measuring brain function and diagnosing neurological disease, using just your smartphone or tablet.Our products are backed by more than 20 years of innovative research in digital biomarkers, augmented reality (AR),and artificial intelligence (AI).Altoida received FDA Breakthrough Device Designation in July 2021. Our first device is a Computerized Cognitive Assessment Aid that is classified as Class II, 510(k) exempt.
- Future Fertility — OUR AI-POWERED ASSESSMENTS GUIDE PERSONALIZED FERTILITY TREATMENT DECISIONS IN OVER 180 CLINICS ACROSS 32 COUNTRIES
CTI Life Sciences Fund is a leading Canadian biotech venture capital firm with a global footprint.
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- Industry: Biotechnology, Health Care, Therapeutics
- Stage:Series A, Series B, Seed
- Geography: Canada, United States, France
Investor stats
- Total investments: 20
- Round size: Seed $3.3M–$13M; Series A $22M–$62M; Series B $29M–$60M
- Lead/follow: 35% lead, 65% follow
Portfolio highlights
- Glycomine — We are developing a PMM2-CDG substrate replacement therapy. GLM101 is a mannose-1 phosphate treatment.
- Oligon —
- Aeovian Pharmaceuticals — Aeovian is a San Francisco based biopharmaceutical company developing novel and highly selective therapeutics modulating mTORC1 pathway.
iGan Partners is one of Canada's largest healthcare-focused venture capital firms, investing across North America. We provide capital and expertise to scale innovative healthcare solutions.
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- Industry: Health Care, Medical, Software
- Stage:Seed, Series A
- Geography: Canada, United States, United Kingdom
Investor stats
- Total investments: 46
- Round size: Seed $1.9M–$5M; Series A $4M–$17M
- Lead/follow: 43% lead, 57% follow
- Last fund: Likely still investing — fund raised in 2022
Portfolio highlights
- Docsi — DOCSI provides preference card optimization, surgeon engagement and supply chain cost reduction through novel digital solutions.
- Cyborg — Introducing CyborgDB: The Confidential Vector Database. Keeps inference data end-to-end encrypted for unparalleled privacy & regulatory compliance.
- Cosm Medical — Cosm Medical is a VC-backed health-tech startup building and commercializing a software-enabled medical device platform to improve the lives of women affected by pelvic floor disorders.
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Browse database — It's Free!Leading Global Healthcare Platform with Deep Proprietary Resources and Global Industry Coverage.
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- Industry: Biotechnology, Health Care, Medical
- Stage:Series B, Series A, Series C
- Geography: United States, China, Israel
Investor stats
- Total investments: 576
- Round size: Series A $10M–$116M; Series B $24M–$150M; Series C $15M–$131M
- Lead/follow: 35% lead, 65% follow
- Last fund: Likely actively investing — fund raised in 2025
Portfolio highlights
- Sonendo — Sonendo developing innovative technologies to transform dentistry by Saving Teeth Through Sound Science®. The GentleWave® System shows significant improvements in clinical efficacy and practice efficiency when compared to standard root canal treatment.1,2, 3 Sonendo is the parent company of TDO® Software, the developer of the most widely usedendodontic practice management software in the world, designed to simplify practice workflow. TDO software seamlessly integrates practice management, imaging, social media, referral reporting, CBCT imaging, and offers built-in communication with the GentleWave System.
- resTORbio — Restore Beauty - Rethink Bio
- Caris Life Sciences — Caris fulfills the promise of precision oncology through advanced laboratory testing, including tumor profiling and blood-based cancer diagnostics.
Hedgewood is an investment firm active in venture capital, internet businesses, real estate, specialty finance, asset management, and private equity.
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- Industry: Health Care, Software, FinTech
- Stage:Seed, Series A
- Geography: Canada, United States, India
Investor stats
- Total investments: 109
- Round size: Seed $725k–$4.3M; Series A $7M–$17M
- Lead/follow: 1% lead, 99% follow
Portfolio highlights
- Unito — Unito is taking on a major problem that people are passionate about solving: they make it easier to collaborate across teams. They don't make users learn new tools and change the way they work. By connecting work management tools, they allow managers, cross-functional teams, departments, and entire companies to benefit from seamlesscollaboration and improved communication. The app syncs projects across a number of tools like Trello, Asana, JIRA, GitHub, Wrike, Zendesk & Hubspot. This is a hard problem of semantics, synchronization, and APIs.
- Vetster — Pet health starts with Vetster. Find and book veterinarians from across North America to provide excellent health care for your pet through video consults. Cats, dogs, reptiles, horses - all pets are welcome.
- Ready, Set, Food! — Ready, Set, Food! makes it easy for parents reduce their baby's risk of developing peanut, egg, and milk allergies by up to 80% with our gentle, daily system.
1517 Fund is an early stage venture capital fund that supports teams led by dropouts, deep-tech scientists & founders working outside of tracked institutions.
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- Industry: Software, Artificial Intelligence, Health Care
- Stage:Seed, Pre-Seed, Series A
- Geography: United States, Canada, India
Investor stats
- Total investments: 123
- Round size: Seed $850k–$8M; Pre-Seed $250k–$3M; Series A $7.6M–$41M
- Lead/follow: 24% lead, 76% follow
Portfolio highlights
- Deepgram — Deepgram helps enterprises unlock the potential of their audio data with custom-trained speech recognition for accuracy and scale. Deepgram's deep learning speech recognition system searches for keywords in transcripts by sound and text within audio and video files, used for transcribing calls, meetings, and voicemails for searchable notes,providing businesses with a fast, high accuracy speech-to-text on an easy-to-use API.The company was founded in 2015 and is headquartered in San Francisco, California.
- Xona — Xona's Pulsar service is the first high-performance alternative to GPS designed to support the age of autonomy. Our constellation of smallsats will provide secure navigation and timing services with the resilience and accuracy needed to enable modern devices to operate safely in any conditions.
- CalWave Inc — CalWave mission is - to provide clean, reliable and affordable power and water to costal communities world wide. CalWave’s vision is - to unlock wave power to provides 25% of global power for electricity, water and hydrogen.
Versant partners with exceptional entrepreneurs to build and fund breakthrough biotechnology companies around the globe.
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- Industry: Biotechnology, Health Care, Medical
- Stage:Series A, Series B, Series C
- Geography: United States, Switzerland, Canada
Investor stats
- Total investments: 278
- Round size: Series A $4.7M–$80M; Series B $10M–$105M; Series C $12M–$108M
- Lead/follow: 28% lead, 72% follow
- Last fund: Likely still investing — fund raised in 2023
Portfolio highlights
- Achaogen — Achaogen is a clinical stage biopharmaceutical company focused on the discovery and development of broad-spectrum antibiotics to treat multi-drug resistant bacterial infections. The company's most advanced drug candidate, ACHN-490, has demonstrated a positive safety and dosing profile in Phase 1 clinical testing and displayed broad spectrumefficacy in preclinical studies against systemic infections caused by multi-drug resistant (MDR) Gram-negative bacteria (e.g., E. coli, K. pneumoniae, and P. aeruginosa) and MRSA. In addition, the company is pursuing preclinical programs in several other areas of interest to combat the global emergence of bacterial resistance.
- Passage Bio — Passage Bio, a genetic medicines company, is changing the future of CNS disorders and transforming the lives of patients and their families.
- Dayra Therapeutics —
Maximizing growth in naturally-derived products, technologies and services
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- Industry: Biotechnology, Food and Beverage, Nutrition
- Stage:Seed, Grant, Series A
- Geography: Canada
Investor stats
- Total investments: 15
- Round size: Seed $500k–$3.3M; Grant $242k–$250k; Series A $805k–$4M
- Lead/follow: 40% lead, 60% follow
Portfolio highlights
- Dispersa — Harnessing the power of microbe-derived natural solutions to decarbonize the chemicals industry.
- Tersa Earth — Tersa's TersaClean platform recovers critical minerals from acid rock drainage and mine tailings using proprietary bio-electric technology. Western-based supply of Cu, Li, Co, Ni and 24+ critical minerals.
- Infusd Nutrition — Infusd: Ingredient Transformation Technology
At Sustainable Development Technology Canada (SDTC), they fund Canadian cleantech projects and coach the companies that lead them as they move their ground-breaking technologies to market.SDTC’s support of cleantech translates into jobs, growth, and export opportunities for Canadian companies, as well as economic, environmental and healthbenefits for all Canadians. They are independent but don’t work alone. A big part of their role is building and sustaining networks of partners and stakeholders from private industry, academia and governments, at home and abroad. They operate at arm’s length and receive funding from the Government of Canada.
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- Industry: Manufacturing, Energy, Software
- Stage:Grant, Seed
- Geography: Canada, United States, Brazil
Investor stats
- Total investments: 177
- Round size: Seed $73k–$1.7M; Grant $878k–$6.2M
- Lead/follow: 77% lead, 23% follow
Portfolio highlights
- Niricson — Niricson Software has developed a proprietary damage assessment software platform paired with a patent-pending drone-based data collection technology that helps infrastructure owners inspect their structures (e.g. hydro dams) in a way that is more accurate, five times faster, and 50% more cost-effective. Niricson is differentiated by its ability toautomatically detect and quantify not only surface damage, but also subsurface damage.
- Solaires Entreprises Inc — Solaires Entreprises Inc is a Canadian cleantech company located in Victoria, BC, that consists of a team of 23 scientists, engineers, and business professionals. Solaires is focused on developing the next generation of solar cells by replacing silicon with perovskite through an innovative and sustainable manufacturing process resulting inaffordable solar photovoltaics with higher energy conversion efficiency.
- Progressive Planet Solutions — Progressive Planet Solutions Inc is a metal/mineral based company that deals with the exploration & development of zeolite minerals.
The Ontario Brain Institute works to establish Ontario as a world leader in brain research, commercialization and care.
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- Industry: Health Care, Medical Device, Medical
- Stage:Grant, Seed
- Geography: Canada, United States, France
Investor stats
- Total investments: 44
- Round size: Seed $37k–$14M; Grant $50k–$100k
- Lead/follow: 57% lead, 43% follow
Portfolio highlights
- Ora Medical — Real progress for your child, at their own pace.
- Novela Neurotech — Novela Neurotech is medical technology startup with a research legacy in neuromodulation originating in the University of Waterloo in Canada. Novela has developed the Neureka™ smart technology platform to accelerate the discovery & development of new safer treatments for epilepsy, narcotic addiction, depression, Alzheimer's,Parkinson's diseases, and many other neurological disorders
- PragmaClin — PragmaClin Research Inc. is aiming to help patients monitor their symptoms faster with the use of our remote patient monitoring system, PRIMS (Parkinson's Remote Interactive Monitoring System).
Desjardins Capital makes it easy to grow your business with financial and strategic support. Investment capital and venture capital can help you meet your business goals.
Show more...Investment focus
- Industry: Software, Information Technology, Manufacturing
- Stage:Seed, Series A
- Geography: Canada, United States
Investor stats
- Total investments: 134
- Round size: Seed $805k–$5M; Series A $5.7M–$22M
- Lead/follow: 10% lead, 90% follow
- Last fund: May invest from a new fund soon — raised $120M in 2018
Portfolio highlights
- Inscora — Inscora provides automated cyber risk assessment and sales enablement tools for cyber insurance brokers.
- Vosker — Vosker provides remote area monitoring tech enabling you to take things further
- Moka — Moka helps you save effortlessly by automatically investing your spare change. Get started in just a few minutes and watch your money grow with every purchase you make. Save more, spend less and invest smarter with Moka.
Canada's leading early-stage investor community in Waterloo, funding innovative startups across tech sectors with a strong focus on impact and diversity.
Show more...Investment focus
- Industry: Software, Health Care, Medical
- Stage:Seed, Angel, Grant
- Geography: Canada, United States
Investor stats
- Total investments: 35
- Round size: Seed $500k–$2.4M; Angel $500k–$677k
- Lead/follow: 9% lead, 91% follow
Portfolio highlights
- Justo — Cashback. Lower listing fees. Experienced local agents. Advanced technology. Free services. Justo is a new real estate brokerage based on a radical idea: Consumers are paying too much to buy or sell a home. That's why we offer a new model, based on fairness and transparency. Looking to buy a home? We'll split our commission with you50/50. Plus, our all-inclusive model covers home inspections and lawyer fees. Selling a home? Save half the listing fee of traditional brokerages, and thousands more with free staging, 3D virtual tours, professional photography and online marketing. Our experienced agents work closely with you to help find the home of your dreams, or sell your home for best the possible price. It just makes sense to use Justo.
- MesoMat — Boost fleet safety, fuel consumption, and operating costs real-time data from your tires.
- Motion Gestures — Motion Gestures is a Canadian machine learning startup specializing in gesture recognition software. Motion Gestures specializes in machine learning-based gesture recognition software and was founded in Waterloo, Canada in 2016. The company aims to enable the rapid development and deployment of gesture-enabled interfaces for systems, devices, andapps. Its software supports advanced 2D and 3D gestures using motion, touch, and vision sensors and can be deployed on the cloud, gateway/hub, and embedded platforms. Developers are offered free licenses to the cloud SDK and can quickly create and test any gesture using their smartphones.
Pallasite Ventures is an agile venture capital firm providing early-stage financing for high-growth companies across a variety of industries.
Show more...Investment focus
- Industry: Software, Health Care, Biotechnology
- Stage:Seed, Series A, Series B
- Geography: Canada, United States
Investor stats
- Total investments: 33
- Round size: Seed $988k–$5M; Series A $3.2M–$26M; Series B $14M–$115M
- Lead/follow: 18% lead, 82% follow
Portfolio highlights
- Ionomr — Ionomr designs & manufactures advanced ion-exchange polymers & membranes that enable high performance and efficiency in applications like water & wastewater treatment, hydrogen production and advanced energy storage.
- Oncoustics AI — Oncoustics is creating and deploying advanced AI solutions for low cost, non-invasive surveillance, diagnostics, and treatment monitoring of diseases with high unmet clinical need. Unlike other players in the space, Oncoustics does not do image recognition. Instead, Oncoustics applies AI to raw ultrasound signals from readily available handheldultrasound devices to rapidly differentiate healthy versus diseased tissues. There's a wealth of information in these raw signals and this approach reveals novel biomarkers that can be aligned with existing standards and categorization systems. Initially targeting liver disease, a $30B global diagnostic market, Oncoustics has filed a Breakthrough Device Designation Request with the FDA for the OnX that detects liver fibrosis and the 510K is underway. Several follow-on liver products are in development. Oncoustics also has clinical data on other organ indications including prostate, kidney, breast and thyroid diseases and cancers.
- Aspect Biosystems — Pioneering the development of bioprinted tissue therapeutics to transform how we treat some of the most elusive diseases.
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822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!National Research Council of Canada Industrial Research Assistance Program
Show more...Investment focus
- Industry: Biotechnology, Software, Health Care
- Stage:Grant, Seed
- Geography: Canada, Norway, Denmark
Investor stats
- Total investments: 118
- Round size: Seed $25k–$2M; Grant $35k–$1.7M
- Lead/follow: 47% lead, 53% follow
Portfolio highlights
- Hydron Energy — Hydron Energy is a cleaner fuel company helping hard-to-decarbonize sectors of transportation and industry.
- Quantum eMotion — Located in Greater Montreal, Canada, QNC is an advanced developer of a new generation of cryptographic solutions based on Quantum Random Number Generator (QRNG). We work with microprocessors vendors and OEM to develop and market the most secure and affordable encrypted communication solutions for the financial/banking, military, mobile andinternet telecommunication sectors. Their technology is based on many years of extensive research by the Physics Department of Sherbrooke University, Canada. Develop and market a new generation of quantum random number generators (QRNG) that delivers high volume of full-entropy random numbers that is affordable and specifically designed to secure everyday communication.Allow their clients and partners to develop the most secure hardware encryption for consumer and enterprise devices including mobile phones, computers, Internet of Things (IoT), networking equipment and at the same time powerful enough to secure demanding cloud based applications, servers and military devices.
- Volatus Aerospace — At Volatus Aerospace,our mission is clear: to provide unmatched innovation, reliability, and expertise in every aerial intelligence solution.
Investing in the deep science and technology that can propel humanity towards a radically better future.
Show more...Investment focus
- Industry: Biotechnology, Software, Artificial Intelligence
- Stage:Series A, Series B, Seed
- Geography: United States, United Kingdom, Canada
Investor stats
- Total investments: 250
- Round size: Seed $1M–$11M; Series A $6.2M–$50M; Series B $8M–$110M
- Lead/follow: 44% lead, 56% follow
Portfolio highlights
- Scopely — Scopely is a global interactive entertainment and mobile-first games company, home to many top-grossing, award-winning franchises including “Star Trek™ Fleet Command,” “MARVEL Strike Force,” “Scrabble® GO,” “WWE Champions” and “Yahtzee® With Buddies,” among others. Scopely creates, publishes and live-operates immersive games that empower adirected-by-consumer™ experience. Founded in 2011, Scopely is fueled by a world-class team and a proprietary technology platform Playgami that supports one of the most diversified portfolios in the mobile games industry. Recognized multiple times as one of Fast Company’s “World’s Most Innovative Companies,” Scopely is a multi-billion-dollar business due to its ability to create long-lasting game experiences that players enjoy for years. Scopely has global operations across 17 markets (Asia-Pacific - Bangalore, Seoul, Shanghai, Singapore, Tokyo; EMEA - Barcelona, Dublin, Helsinki, Kyiv, London, Seville, Tel Aviv; North America - Boston, Boulder, Culver City, Mountain View, San Francisco), with additional game studio partners across four continents. For more information, visit www.scopely.com.
- Synthace — The Synthace Experiment Platform lets you design powerful experiments, run them in your lab, & gather automatically structured datasets. No code necessary.
- Amper Music — Amper is an AI music composition company that develops tools for content creators of all kinds. Learn about our new enterprise platform, Score, as well as our creator API.
Maple Leaf Angels are an experienced group of private investors looking for great entrepreneurs, great products and great companies. Bringing together investment, experience and knowledge, we help accelerate companies to become market leaders in their industry.We focus on four main investment areas as follows:- Information Technology- CleanTechnology- Advanced Manufacturing and Materials- Special Opportunities
Show more...Investment focus
- Industry: Software, Health Care, SaaS
- Stage:Seed, Pre-Seed, Angel
- Geography: Canada, United States
Investor stats
- Total investments: 40
- Round size: Seed $475k–$2.1M; Pre-Seed $90k–$1M
- Lead/follow: 13% lead, 87% follow
- Last fund: May invest from a new fund soon — last raise in 2019
Portfolio highlights
- Grüvi — Gruvi is a line of craft brewed alcohol-free beers & wines.
- Wyvern — Discover hyperspectral imaging and Earth observation data from Wyvern. Access research-grade satellite imagery that reveals the hidden reality of our planet.
- EmergConnect — Home page - Localized information, services, and support for Canadian visitors.
Our goal is to build the region's entrepreneurial community, to make the region the best place to start a business and to facilitate access to investment opportunities for qualified investors.
Show more...Investment focus
- Industry: Software, SaaS, Artificial Intelligence
- Stage:Seed, Angel
- Geography: Canada, United States
Investor stats
- Total investments: 97
- Round size: Seed $183k–$5M; Angel $10k–$2M
- Lead/follow: 18% lead, 82% follow
Portfolio highlights
- Xatoms — At Xatoms, we clean water with Quantum Chemistry and AI, revolutionizing water purification for communities worldwide. Our innovative approach rapidly identifies new, sustainable materials to remove harmful pollutants and pathogens. We aim to alleviate the burden on women and girls in underrepresented communities, transforming the global landscape of water accessibility and empowering a more equitable world. Xatoms is at the forefront of combining scientific innovation with social change.
- Virica Biotech — Viral Sensitizers (VSE) for drug developers and manufacturers are small molecules that improve viral yields and effectiveness by reducing the antiviral defences on a cellular level.
- Afynia Laboratories — Aima Laboratories is a women's health healthcare company that provides innovative solutions to diagnostic and therapeutic difficulties. AIMA is working on the first non-invasive endometriosis diagnostic tool for the market. If you have chronic pelvic/period pain or are having difficulty becoming pregnant, you may have endometriosis.
Hike Ventures is a venture capital firm that invests in artificial intelligence and machine learning.
Show more...Investment focus
- Industry: Artificial Intelligence, Software, Machine Learning
- Stage:Seed, Series A, Pre-Seed
- Geography: United States, Canada, Israel
Investor stats
- Total investments: 51
- Round size: Seed $1.1M–$6M; Pre-Seed $1M–$1M; Series A $8.2M–$152M
- Lead/follow: 10% lead, 90% follow
Portfolio highlights
- Mesh —
- Pitstop — Pitstop is a cloud-based Prognostic Maintenance Platform that enables enterprises to leverage the wealth of information available from their vehicle fleets. Their data engine integrates Connected Vehicles, Dealerships, Fleet Manager, Tier 1 Suppliers, OEMs, Insurance Companies and the Aftermarket Supply Chain.
- Medmain — To create a world where medical services can be accessed with technology anywhere,anytime-As a supporting partner to medical practitioners throughout the world, Medmain develops and operates PidPort, an analytical system for pathological image diagnosis that makes use of Deep Learning, as well as Medteria, a specialized cloud-based service for medical students.
Btomorrow Ventures (BTV) is the corporate venturing unit of BAT. BAT is building A Better Tomorrow by reducing the health impact of its business by transforming into a truly consumer-centric multi-category CPG company. We are dedicated to partnering with ambitious and passionate entrepreneurs to realise their vision by providing a platform toenhance innovation and accelerate growth.
Show more...Investment focus
- Industry: Health Care, Wellness, Food and Beverage
- Stage:Series A, Seed, Series B
- Geography: United States, United Kingdom, India
Investor stats
- Total investments: 44
- Lead/follow: no public data
Portfolio highlights
- Tru — Obsessively formulated by fusing flavor with function, each of our tasty innovations perform when you need it most. From the time you wake up until the second your head hits the pillow, we elevate every moment one sip at a time.
- Awake Chocolate — AWAKE Chocolate combines delicious milk chocolate.
- PHILTER Labs — Philter Labs presents an innovative smoke filter for E-Cig, Vape Pen, & CBD Pen. Filters smoke from entering shared space while you still enjoy the experience.
We partner with future literate entrepreneurs who understand our unique time and place in history, with the ambition to author a better future for humanity.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Health Diagnostics
- Stage:Series A, Seed, Series B
- Geography: United States, Canada
Investor stats
- Total investments: 48
- Round size: Seed $1.6M–$6M; Series A $5M–$32M; Series B $12M–$53M
- Lead/follow: 15% lead, 85% follow
- Last fund: May invest from a new fund soon — last raise in 2019
Portfolio highlights
- Arzeda — Arzeda develops enzyme design technology that presents a new way of thinking about biocatalysis. The company was founded by David Baker and three senior members of his lab to commercialize and further develop its computational enzyme design technology.
- A-Alpha Bio — Measure more protein interactions
- Kenota Health — Kenota Health develops next-generation rapid point-of-care system intended to be used for allergy testing in humans. Kenota's diagnostic tools are safe, simple, and offer a cheaper alternative to allergy testing using a thorough non-invasive technology, enabling physicians to improve patient outcomes.
Cycle Capital is a pioneer in Canadian Cleantech venture capital fund management investing in companies at the development and commercialization stages in North America. Founded in 2009 by Andrée-Lise Méthot, Founder and Managing Partner, Cycle Capital’s Platform has become an important venture capital investor of the Cleantech industry with its 3funds totaling $230M Assets Under Management (AUM). Cycle Capital is looking to invests in promising ventures that are not capital intensive and/or that can benefit from the leverage brought by Cycle Capital extensive network of investors, strategic partners and advisors.In addition to its core investments, Cycle Capital targets companies with high growth potential – especially those with strong intellectual property, leading edge technologies and with exceptional management talent that would benefit from the firm’s network of strategic industrial partners and expert advisors. With its core investment and business expertise, Cycle Capital plays an active role adding meaningful and tangible value to its portfolio companies at all stages of their life.
Show more...Investment focus
- Industry: Manufacturing, Energy, Electronics
- Stage:Series B, Seed
- Geography: Canada, United States, Germany
Investor stats
- Total investments: 78
- Lead/follow: no public data
Portfolio highlights
- Thymox Technology — A powerful, non-toxic botanical disinfectant that kills 99.9% of bacteria, fungi and molds as well as COVID-19. Thymox is safe for you and your family.
- YWire technologies — Based in Montreal, YWire Technologies designs, manufactures and sells lighting control devices for the commercial buildings market. Founded by three building automation industry veterans in 2009, YWire designs products targeted specifically at lowering the installed cost of integrated systems across the market. The FiveSeries Lighting ControlSystem is the first building-level command and control system in the world to use Broadband over Power Line for device networks and integration into Building Automation Systems.
- GreenMantra Technologies — Based in Brantford, Ontario, GreenMantra™ Technologies utilizes a proprietary thermo-catalytic system and patented process to cost-effectively convert and "up-cycle" waste plastics, including hard-to-recycle materials such as grocery bags and film, into high-value waxes and other specialty chemicals. These materials have a broad range ofapplications in the coatings, plastics processing, adhesives, roofing and paving industries.
Founded 16 years ago in 1997, it is the only Angel Capital Forum ™ in Canada that introduces emerging companies to private equity Angel Investors. Presenting companies have raised over $35 million directly through the Forum. Read this third party blog comment and video overview. Since 1998, it has offered Investor Ready ™ workshops for companies& investors.As the oldest & largest angel network in Western Canada with 50+ investors (from Vancouver, Calgary, Edmonton, Kelowna, Victoria, Bellingham and Seattle), they are supported by leading organizations in BC and belong to Canada's National Angel Capital Organization and US's Angel Capital Association. Their private meetings are exclusive to only pre-registered Investors, selected Companies and Sponsors. Regretfully no observers except volunteers.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Software
- Stage:Seed, Angel, Pre-Seed
- Geography: Canada, United States
Investor stats
- Total investments: 15
- Lead/follow: no public data
Portfolio highlights
- Cuboh — Cuboh consolidates all your food delivery orders in one tablet and integrates them with your restaurant's POS system. Cuboh, online ordering on autopilot.
- Truss — Send and receive business payments online with no limits, no percentage fees and no bullsh*t. Bring your business payments into the 21st century.
- Orbitless Drive — ORBITLESS, we are pioneering the future of gear systems with our groundbreaking drivetrain technology
Groupe Roski is a private investment company that has been involved in venture capital since 2013 with companies that improve the quality of life and the environment for individuals.
Show more...Investment focus
- Industry: Health Care, Biotechnology, Medical
- Stage:Seed, Series A
- Geography: Canada, United States
Investor stats
- Total investments: 14
- Round size: Seed $1.5M–$3.9M; Series A $14M–$20M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Spiderwort — Spiderwort is an innovator in all-natural, plant-based biomaterials that have the potential to repair spinal cord injuries and promote healing.
- Groupe Evex — Groupe Evex deals with the commercial real estate projects.
- Marmax — Marmax deals with residential and commercial construction, renovation and roofing.
Biotechnology VC funding in Canada at a glance
Stats across 957 deals from 833 investors.
Access all 833 VC funds in Canada Biotechnology startups.
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