Top 20 Cannabis VC (Venture Capital) Funds in Canada in December 2024
A list of 20 VC (Venture Capital) funds that invest in Cannabis startups based in Canada. We rank investors based on the number of investments they made in Cannabis companies from Canada. We update this investor list every month.Top 20 Cannabis VC (Venture Capital) Funds in Canada in December 2024
Investor | Cannabis Canada investments |
---|---|
Btomorrow Ventures | 4 |
Green Acre Capital | 3 |
SOSV | 2 |
Tribune Capital | 2 |
LAGO Innovation Fund | 1 |
Innovacorp | 1 |
RIV Capital | 1 |
WGD Capital | 1 |
Golden Section | 1 |
Globalive | 1 |
InnoStart Capital | 1 |
Paradigm Capital | 1 |
Gaingels | 1 |
GTMfund | 1 |
Third Kind Venture Capital | 1 |
Delbridge Capital Partners | 1 |
Groupe Roski | 1 |
Pareto Holdings | 1 |
KarpReilly | 1 |
Anges Quebec | 1 |
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
- Health Care, Wellness, Food and Beverage
- Series A, Seed, Series B
- United States, United Kingdom, India
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.
Green Acre Capital is a private investment fund dedicated exclusively to the Canadian medical and recreational cannabis industry. The fund invests in sectors across the cannabis value chain including production, research, consumer products and retail.
Show more
Investment focus
- Cannabis, Consumer Goods, Marketing
- Seed, Funding Round, Series A
- Canada, United States
Portfolio highlights
- Claybourne — Claybourne is a cannabis breeder, cultivator, and retail brand that is known for its broad line of flower, pre-roll, and concentrate products.
- humble+fume — humble+fume is Canada’s leading distributor of cannabis accessories. We offer the largest range of products and accessories to legal dispensaries, head shops and smoke shops of all sizes. We work with over 200 of the leading industry brands and offer more than 10,000 products and accessories. With distributions centres across North America, we arewell positioned to help grow your business. Our team believes pairing cannabis accessories is at the heart of contemporary enjoyment, we look forward to working with you and creating the perfect experience for your customers.
- HC Solutions Holdings — HC Solutions Holdings operates as a distributor of cannabis. HC Solutions Holdings formed as a Joint Venture between Green Acre Capital Distribution Corp. and Humble & Fume.
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.
Show more
Investment focus
- Biotechnology, Health Care, Software
- Seed, Convertible Note, Pre-Seed
- United States, India, United Kingdom
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.
Tribune Capital is a venture capital firm located in Weyburn, SK.
Show more
Investment focus
- FinTech, SaaS, Software
- Funding Round, Seed, Series A
- Canada, United States
Portfolio highlights
- Reach — Reach is the premier ecommerce payments partner connecting you to global consumers. Unlock the true power of in-country payment without the complexities.
- Masterpiece Studio — The first complete VR 3D creative suite for indie creators. Access our suite of professional, intuitive and easy-to-use tools - for FREE!
- Immigrate Software — Connect with global talent for Canadian employers. 99.5% approval rate. Learn more!
LAGO Innovation Fund invests in companies that are engaged in disrupting the status quo in their native industries or creating de novo markets through the offering of innovative products, services, or technologies, or by creating novel technology-enabled business models aimed at enhancing efficiency, customer experience, and/or speed tomarket.
Show more
Investment focus
- Software, Sports, Apps
- Seed, Series A, Funding Round
- United States, Canada, Mexico
Portfolio highlights
- GrowerIQ — Compliance, Cultivation, Manufacturing, Quality Management System, and CRM all in one easy-to-use platform for cannabis operators globally.
- Safely — Let Safely help protect you with short term rental insurance & comprehensive guest screening for all your properties.
- Season Share — There are 3.2M season tickets holders in the U.S. and 70% of season ticket holders share their tickets with other fans. We are the only mobile app that enables fans to buy, group, split and share season tickets to live sporting events. Season Share was founded by three sports fans with deep ties in tech, entertainment, sports and ticketing. Ourtechnology is ready to disrupt the stagnant ticketing industry, increasing team and league revenue while making the fan experience easier and more realistic for today’s consumer. Let’s change the game together.
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
- Software, Information Technology, Health Care
- Seed, Grant, Funding Round
- Canada, Australia, United States
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.
- OVERGantt — With over 25 years in project management, OVERGantt provides cutting-edge software designed to keep you ahead of the game. Enquire today!
- Planetary — Planetary develops ocean-based carbon removal technology to accelerate the natural carbon cycle. Planetary’s system purifies the mountains of alkaline rock waste left behind by large-scale mining operations, extracting the alkalinity from the rubble and putting it in the ocean, thus accelerating the carbon transition and rebalancing oceanchemistry.Planetary Technologies is on a mission to remove 1 billion tonnes of carbon dioxide from the atmosphere by 2035.
RIV Capital is a cannabis acquisition and investment firm building a leading multistate platform of brands in key strategic U.S. markets.
Show more
Investment focus
- Cannabis, AgTech, Health Care
- Seed, Funding Round, Series A
- Canada, United States, Italy
Portfolio highlights
- Dynaleo — At Dynaleo, we produce the highest quality cannabis-infused Edible Gummies. Learn more about our innovative CBD and THC gummies on our website.
- Headset — Retail & market insights for cannabis retailers, product manufacturers, CPGs, processors, growers & all ancillary services.
- TerrAscend — A Leading Vertically-Integrated North American OperatorTerrAscend is a leading North American cannabis operator with vertically integrated operations in
WGD Capital invests in early- and expansion-stage private companies.
Show more
Investment focus
- Cannabis, Software, Business Intelligence
- Seed, Convertible Note, Series A
- United States, Canada, United Kingdom
Portfolio highlights
- Headset — Retail & market insights for cannabis retailers, product manufacturers, CPGs, processors, growers & all ancillary services.
- Katalys — Katalys is a partnership marketing technology platform that provides Brands and Publishers with a better way to generate revenue in the performance marketing channel. Formed out of the recent merger between RevOffers, a ‘cookieless’ graph attribution technology, and the embedded commerce innovation of 1o.io, Katalys is set on a course to disruptthe digital marketing landscape.Katalys' disruptive innovation in the performance marketing space is an embedded commerce technology that allows consumers to transact at any point of product discovery. This includes the ability to complete an eCommerce transaction inside a display advertisement, in-app, in-video, blog post, social media platforms, and even inside a VR/AR environment.
- Birchmount Network — Birchmount Network is a gift card and marketing services company that provides comprehensive revenue and brand solutions.
Golden Section is a founders studio and venture capital fund.
Show more
Investment focus
- Software, SaaS, Health Care
- Seed, Funding Round, Pre-Seed
- United States, Canada
Portfolio highlights
- Bevz — Bevz is a software and services (SaaS) platform for local, independently operated liquor/convenience stores. Our vision is to transform the 100,000+ independent liquor stores across the nation with the technology, data, and support
- RealSage — Leni is an AI-powered platform for multifamily owners and operators. Helping them improve their bottom lines with better multifamily business intelligence, reporting and AI-driven actionable Insights. Integrate directly with Yardi!
- Lynx — Lynx is pioneering a better way to approach venture funding. Get started with the SWEAT equity toolkit today!
Globalive fuels innovation by partnering with visionary entrepreneurs. Join our venture studio or explore funding opportunities.
Show more
Investment focus
- Software, Health Care, SaaS
- Seed, Series A, Funding Round
- Canada, United States, United Kingdom
Portfolio highlights
- Curv Health — Modern virtual Training, Physiotherapy, & Rehab Clinic. Computer Vision & Health Coaches for Strengthening & Recovery.
- KEEP Labs — The Modern medicine Cabinet and Data Platform. We partner with healthcare organizations to improve patient adherence by integrating and augmenting their programs, not displacing them.
- WellnessLiving Systems — Business Management Software by WellnessLiving: take your gym, fitness studio, spa or salon to the next level! Book and attract new clients instantly. See why over 10 million users love WellnessLiving. Get your free demo today!
InnoStart Capital is a small venture capital firm focusing on early-stage investments.
Show more
Investment focus
- Video Games, Financial Services, E-Commerce
- Seed, Pre-Seed, Funding Round
- Canada, Malaysia
Portfolio highlights
- Pop Meals — Expect exciting, locally trending meals at an affordable price! Now with dine-in, pickup and delivery .
- Livescale — Try the Live Shopping solution with e-Commerce and checkout integration. Boost your real-time sales and skyrocket your brand awareness among communities!
- Ludex — A web3 protocol that enables video games to operate on-chain.
Paradigm is a research-driven investment dealer. Their sales and trading desk focuses on companies they cover. Their investment banking team provides innovative and attentive service. They believe that teamwork and long-term relationships are the key to exceptional success and growth.
Show more
Investment focus
- Mining, Precious Metals, Mineral
- Post-IPO Equity, Funding Round, Post-IPO Debt
- Canada, United States, Australia
Portfolio highlights
- Praxis — We are Praxis: a global community of creatives and technologists working to build the city of the future.
- Moneta Porcupine Mines — Moneta holds a 100% interest in 5 core gold projects strategically located along the highly prospective Destor Porcupine Fault Zone.
- Fronsac Real Estate Investment Trust — Canadian Net REIT is a Canadian publicly-traded open-ended real estate investment trust with a focus on triple net and management-free retail properties
Gaingels is a leading venture investment syndicate in support of diversity, inclusive of the LGBTQIA+ community and allies in the venture capital space.
Show more
Investment focus
- Software, Health Care, Artificial Intelligence
- Seed, Series A, Series B
- United States, Canada, Mexico
Portfolio highlights
- MealMe — MealMe: We compare services for delivery pickup and groceries to ensure that we are the fastest food delivery app, the cheapest food delivery app, and the food delivery app with the largest selection.
- OneRail — OneRail is a final mile delivery orchestration platform providing real-time visibility, actionable data, and data-driven optimization capabilities for its enterprise clients. OneRail’s cloud-based “delivery switch” simplifies same-day and on-demand delivery execution by connecting the demand signal (POS, eCommerce, ERP) with the ecosystem ofdelivery networks and internal fleets in real-time. The result of OneRail’s centralized view of disparate final mile data enables data-driven optimization, positively impacting the dependability, speed, and cost of final mile fulfillment.
- Further — Further is on a mission to empower first-time home buyers to achieve their dream of homeownership with confidence and ease. We simplify the complex home buying process through innovative tools and personalized guidance, ensuring that buyers are well-prepared every step of the way. Our platform offers financial planning, tailored insights, andresources designed to make homeownership more accessible. At Further, we believe that with the right support, anyone can realize their goal of owning a home. Join us as we help make the path to homeownership clear and attainable for all.
Let us help you go from 0 to IPO. We're investing $10 million per year into early-stage companies (pre-Series A), specializing in B2B SaaS.
Show more
Investment focus
- Software, SaaS, Information Technology
- Series A, Seed, Pre-Seed
- United States, Canada, Israel
Portfolio highlights
- Gaiia — With an all-in-one solution for billing, operations, automation and everything in between. gaiia is the simplest platform to run your ISP.
- Avarra — Avarra is an enterprise avatar and AI simulation firm. The first application provides realistic 3D AI avatars trained on web-meeting transcripts and best practice playbooks to correctly imitate client sales conversations.
- Opus Clip — Opus Clip turns long videos into high-quality viral clips for you to share on TikTok, YouTube Shorts, and Reels to increase social media reach.
Actual contact with an alien is a Close Encounter of the Third Kind
Show more
Investment focus
- Software, E-Commerce, Cryptocurrency
- Seed, Series A, Pre-Seed
- United States, France, United Kingdom
Portfolio highlights
- Macro — Macro is the platform professionals use to review, draft, collaborate, and compare documents faster and wiser.
- Pickle Robot — We make robots that unload trucks without retrofitting the warehouse
- Regolith Labs — Regolith Labs is the operator of a software company dedicated to assisting token airdrops in defending against sybil assaults and spam.
Delbridge Capital Partners accelerates successful enterprise software start-ups by providing direct investments and supporting the go-to-market strategy and execution in the early stages of start-up growth. Delbridge invests in start-ups focusing on enterprise corporate technologies solving complex business problems in the areas of corporatefinance, sales, data management, and cybersecurity. Delbridge Capital Partners are experienced owners and operators of successful B2B enterprise software companies. Delbridge supports its portfolio companies in scaling their businesses by providing access to Delbridge’s extensive network of enterprise customers, capital markets, sales channels and talent.
Show more
Investment focus
- Cannabis, Software, Compliance
- Seed
- Canada
Portfolio highlights
- GrowerIQ — Compliance, Cultivation, Manufacturing, Quality Management System, and CRM all in one easy-to-use platform for cannabis operators globally.
- Data Sentinel — Data Sentinel is a sensitive data management platform that provides deep technology to protect, identify, inventory, classify and tag sensitive data for your company.
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
- Biotechnology, Health Care, Medical Device
- Seed, Series A, Funding Round
- Canada, United States
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.
Building world-changing companies in sunny Miami
Show more
Investment focus
- Software, Information Technology, Health Care
- Seed, Pre-Seed, Funding Round
- United States, United Kingdom, France
Portfolio highlights
- Flent — Flent offers fully furnished designer homes.
- Omen AI — Harness the power of Ai and proprietary sensing to prevent equipment failures.
- Quiet — Quiet powers app success through expert publishing, strategic acquisitions, and innovative development. Join us in creating the next generation of market-leading mobile applications.
KarpReilly, LLC is a private investment firm, founded by Allan Karp and Chris Reilly, whose primary mission is to partner with premier growth companies and help them achieve their long-term vision. KarpReilly currently manages funds and affiliates with capital commitments in excess of $500 million. Over the past 15 years, the principals ofKarpReilly have invested in, sat on the boards of and nurtured over 25 growth companies.
Show more
Investment focus
- Food and Beverage, E-Commerce, Retail
- Series A, Seed, Private Equity
- United States, Canada
Portfolio highlights
- Strands Hair Care — Strands Hair Care delivers custom shampoo & conditioner with full ingredient customization based on accurate, quantified biological data for each customer.
- Wilde Brands — Thin and crispy, flavorful, and 7x the protein of a potato chip. Wilde Chips are grain & gluten free, Paleo certified, Keto friendly, non-GMO & allergen-free.
- Mother Science — Discover Mother Science, a revolutionary biotech skincare brand with a clinically proven serum for hyperpigmentation and sun damage.
Value-added investors for innovative entrepreneurs.
Show more
Investment focus
- Software, Health Care, Artificial Intelligence
- Seed, Funding Round, Angel
- Canada, Spain, United States
Portfolio highlights
- Hexoskin (Carré Technologies) — Hexoskin is the leader in Smart Clothing, Software & AI Data Analytics. The Hexoskin Smart Shirts are clinically validated for continuous ECG, HRV, Respiratory, Activity, Sleep & Stress monitoring. The Hexoskin Smart Garments are used by sports scientists, healthcare, defense, aerospace & research professionals.
- Workstaff — Simplify workforce management, staff scheduling and time tracking with the Workstaff software and mobile app. Start for free and save time today!
- HDAX Therapeutics — HDAX Therapeutics novel modality unlocks a never-seen-before binding mechanism to key biological molecules.
Investors by industry
Biotech
Proptech
Gaming
FinTech
Health Care
Community
Google
Marketplace
Climate
Consumer
Artificial intelligence
Impact
Energy
Hardware
EdTech
Sustainability
Venture Capital
Clean Energy
B2B
Real Estate
Publishing
Payments
Big Data
Retail
Organic Food
Web3
Education
Finance
Food and Beverage
Video Games
Infrastructure
Financial Services
Photography
Beauty
Medical
Wellness
Social Media
Social Network
Android
Construction
Art
Local
Legal
Digital Media
Manufacturing
eSports
Sports
Music
Mobile
Internet
Enterprise Software
Franchise
Email
Travel
Mobile Advertising
Biotechnology
Recruiting
Hospitality
Fitness
Platforms
Cannabis
Medical Device
Social
Automotive
Crowdfunding
Wine And Spirits
CleanTech
Mobile Apps
Transportation
InsurTech
Enterprise
LGBT
Fashion
Oil and Gas
Life Science
Film
Theatre
Non Profit
Renewable Energy
SaaS
Sporting Goods
Social Impact
Restaurants
Software
Celebrity
Cryptocurrency
Agriculture (agtech)
Media (entertainment)
Facebook
Blockchain
Investors by country
India
Germany
South Korea
United Kingdom
Australia
Canada
New Zealand
Ireland
United States
Qatar
Saudi Arabia
Spain
Sri Lanka
China
Middle East
Africa
Indonesia
Europe
Armenia
Singapore
Oceania
Brazil
Japan
South Africa
Vietnam
LATAM
Asia
Denmark
Costa Rica
Bermuda
Egypt
Croatia
Gibraltar
Algeria
Estonia
Ecuador
Greece
Chile
Bulgaria
Ethiopia
Hong Kong
Faroe Islands
France
Ghana
Czech Republic
Hungary
Georgia
Belgium
Finland
Bahrain
Belarus
Belize
Barbados
Lebanon
Mali
Liberia
Malta
Liechtenstein
Malaysia
Italy
Panama
Puerto Rico
Myanmar
Tunisia
Mauritius
Uganda
Sierra Leone
Senegal
San Marino
Uzbekistan
Seychelles
Togo
El Salvador
Rwanda
Russian Federation
Tanzania
Ukraine
Zimbabwe
Uruguay
Serbia
Taiwan
Venezuela
Tajikistan
Sweden
Turkey
Poland
Thailand
Zambia
Portugal
Slovenia
Dominican Republic
Nicaragua
Philippines
Azerbaijan
Iraq
Iceland
Bahamas
Namibia
Lithuania
Nigeria
Israel
United Arab Emirates
Jamaica
Jersey
Norway
Honduras
Morocco
Mexico
Bolivia
Isle of Man
Peru
Luxembourg
Kuwait
Albania
Pakistan
Bangladesh
Argentina
Grenada
Jordan
Romania
Kenya
Kazakhstan
Cayman Islands
Cambodia
Cameroon
Cyprus
Latvia
Oman
Austria
Switzerland
Colombia
Marshall Islands
Guatemala
VC (Venture Capital) Funds in Canada by industry
Transportation
Enterprise
Health Care
EdTech
Climate
Impact
SaaS
Community
Artificial intelligence
Hardware
Gaming
Marketplace
Energy
Restaurants
Venture Capital
Film
Infrastructure
Fashion
Mobile Apps
Beauty
Web3
Sporting Goods
Life Science
Retail
Social
Big Data
Education
Financial Services
Photography
Cryptocurrency
Finance
Payments
Food and Beverage
Organic Food
Medical
Video Games
Medical Device
Wellness
Email
Social Media
Social Network
Music
Internet
Manufacturing
Art
Digital Media
Android
Mobile
Legal
Construction
Local
Non Profit
Software
eSports
Enterprise Software
Biotech
Sports
Fitness
CleanTech
Travel
Hospitality
Automotive
InsurTech
Biotechnology
Mobile Advertising
Platforms
Cannabis
B2B
Publishing
Oil and Gas
FinTech
Clean Energy
Renewable Energy
Wine And Spirits
Recruiting
Consumer
Blockchain
Agriculture (agtech)
Media (entertainment)
Social Impact
Sustainability
Real Estate
Proptech