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Top 50 Infrastructure Startup Investors in Canada (September 2026)

The most active venture capital funds and angel investors investing in Canada Infrastructure startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Canada Infrastructure startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Initialized Capital
VC Fund
5 United States, Canada, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, SaaS $1.5M–$67M
CMT Digital
VC Fund
5 United States, Singapore, United Kingdom Seed, Series A Blockchain, Cryptocurrency, Financial Services $2M–$40M
Golden Ventures
VC Fund
5 Canada, United States, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $1.5M–$49M
Digital Currency Group
VC Fund
4 United States, United Kingdom, Singapore Seed, Series A Blockchain, Cryptocurrency, FinTech $510k–$48M
Forward Venture Capital
VC Fund
4 United States, Sweden, Denmark Seed, Series A, Pre-Seed Software, E-Commerce, Financial Services $150k–$14M
Polychain
VC Fund
4 United States, Singapore, Switzerland Seed, Series A, Venture - Series Unknown Blockchain, Cryptocurrency, FinTech $1.5M–$45M
Bonfire Ventures
VC Fund
3 United States, Canada, France Seed, Series A, Series B Software, SaaS, Information Technology $1.5M–$50M
Lemniscap
VC Fund
3 United States, United Kingdom, Canada Seed, Series A, Pre-Seed Blockchain, Cryptocurrency, Software $1M–$30M
Regah Ventures
VC Fund
3 United States, Israel, United Kingdom Seed, Series A, Series B Software, Internet, Automotive $3.5M–$150M
XDL Capital Group
VC Fund
3 Canada, United States Seed, Series D, Series A Software, SaaS, Computer $731k–$26M
ConsenSys
VC Fund
3 United States, United Kingdom, Canada Seed, Series A, Pre-Seed Blockchain, Cryptocurrency, Software $200k–$30M
Mantella Venture Partners
VC Fund
3 Canada, United States Seed, Series A, Series B Software, Mobile, E-Commerce $1M–$43M
FJ Labs
VC Fund
3 United States, Brazil, United Kingdom Seed, Series A, Series B Software, E-Commerce, Financial Services $1.2M–$65M
Ontario Centres of Excellence
VC Fund
2 Canada, United States Seed, Grant, Pre-Seed Software, Information Technology, Health Care
Romain Lapeyre
Angel
2 United States, Canada, France Seed, Pre-Seed, Series A SaaS, E-Commerce, Software $1.4M–$2.7M
Brightspark Ventures
VC Fund
2 Canada, United States Series A, Seed, Series B Software, SaaS, Machine Learning $1.8M–$30M
Chris Nguyen
Angel
2 United States, Canada, United Kingdom Seed, Pre-Seed, Series A Software, SaaS, Information Technology $320k–$20M
Capital Angel Network
VC Fund
2 Canada, United States Seed, Angel, Pre-Seed Software, Information Technology, SaaS $10k–$2.7M
Uncork Capital
VC Fund
2 United States, Canada, Israel Seed, Series A, Series B Software, SaaS, Analytics $1.3M–$50M
Accel
VC Fund
2 United States, India, United Kingdom Series A, Series B, Seed Software, SaaS, Information Technology $1.4M–$70M
BITKRAFT Ventures
VC Fund
2 United States, Germany, United Kingdom Seed, Series A Gaming, Video Games, Blockchain $2M–$28M
Inovia Capital
VC Fund
2 Canada, United States, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, SaaS $1M–$65M
ScaleUP Ventures
VC Fund
2 Canada, United States, Egypt Series A, Seed, Series B Software, SaaS, FinTech $100k–$65M
Matrix
VC Fund
2 United States, China, India Series B, Series A, Seed Software, Artificial Intelligence, Information Technology $1.5M–$50M
Alex Plugaru
Angel
2 Canada, Finland Seed, Pre-Seed, Series A Software, SaaS, Infrastructure
Chris Gonsalves
Angel
2 United States, Canada, Singapore Seed, Pre-Seed Gaming, Blockchain, Video Games $181k–$5M
Quantstamp
VC Fund
1 United States, Singapore, United Kingdom Seed, Pre-Seed Blockchain, Cryptocurrency, Software
Anthony Sassano
Angel
1 United States, Canada, United Kingdom Seed, Series A Blockchain, Software, Financial Services
BKCM
VC Fund
1 Canada, United States Seed, Series A, Convertible Note Blockchain, Software, Computer
MUUS Climate Partners
VC Fund
1 United States, Canada Seed, Series A, Series B Productivity Tools, Solar, Renewable Energy
Francois Arbour
Angel
1 Canada Pre-Seed, Seed, Series A Software, Artificial Intelligence, SaaS $399k–$2.7M
GrowthWorks Capital
VC Fund
1 Canada, United States, United Kingdom Series B, Series A Software, Biotechnology, Health Care $1.6M–$21M
Panache Ventures
VC Fund
1 Canada, United States, Israel Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology
Fondaction
VC Fund
1 Canada, United States, France Private Equity, Debt Financing Manufacturing, Information Technology, Software $276k–$103M
VTF Capital
VC Fund
1 United States, Canada, Ireland Seed, Series A E-Commerce, Software, Fashion $195k–$18M
Ott Kaukver
Angel
1 Estonia, United States, United Kingdom Series A, Seed, Pre-Seed Software, SaaS, Financial Services $401k–$26M
Farhan Thawar
Angel
1 Canada, Israel, United States Seed, Pre-Seed, Angel Software, Information Technology, SaaS $2.4M–$8.5M
WUTIF
VC Fund
1 Canada Seed, Pre-Seed Software, Health Care, Biotechnology $100k–$3.8M
Vanedge Capital
VC Fund
1 Canada, United States Seed, Series A, Series B Software, Mobile, Artificial Intelligence $1.1M–$30M
Innovacorp
VC Fund
1 Canada, United States, Australia Seed, Grant, Pre-Seed Software, Health Care, Information Technology $19k–$3.1M
Atlantic Canada Opportunities Agency
VC Fund
1 Canada, United States, France Grant, Debt Financing, Seed Software, Manufacturing, Health Care $25k–$2.1M
Freycinet Ventures
VC Fund
1 Canada, United States Venture - Series Unknown, Seed, Series A Software, Marketing, Machine Learning $2.3M–$7.2M
Export Development Canada
VC Fund
1 Canada, United States, United Kingdom Series B, Series A Software, Manufacturing, Renewable Energy
Tobias Lütke
Angel
1 United States, Canada, United Kingdom Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $609k–$74M
Polygon
VC Fund
1 United States, Singapore, India Seed, Pre-Seed, Grant Blockchain, Cryptocurrency, Gaming $10k–$20M
SWAN Venture Fund
VC Fund
1 United States, Canada Seed, Pre-Seed, Series A Software, Information Technology, Medical Device $325k–$5.8M
Mike Serbinis
Angel
1 Canada Seed Finance, Infrastructure, Trading Platform
Everyrealm
VC Fund
1 United States, Canada, Switzerland Seed, Series A Software, Blockchain, Gaming $3M–$40M
Invest Victoria
VC Fund
1 Canada, United States Series A, Debt Financing FinTech, Infrastructure, Venture Capital
Laura Adams
Angel
1 Canada Seed Finance, Infrastructure, Trading Platform
Access all 263 investors in Canada Infrastructure startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Initialized Capital
VC Fund · San Francisco, California, United States · 5 investments in Canada Infrastructure startups, 14 in the past 12 months

Initialized Capital is an early-stage venture capital firm focused on the seed. Initialized has 6 investing partners and over $3.2B under management over five core funds since its founding in 2012. The firm's startups have created in aggregate over $200B in market value so far.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 475
  • Round size: Seed $1.5M–$8.8M; Series A $6M–$40M; Series B $15M–$67M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $170M in 2021

Portfolio highlights

  • Picogrid — Picogrid builds a unified platform for autonomous systems. Connect, command, and monitor sensors and autonomous systems at global scale.
  • Ellis — Ellis connects and reconciles portfolio, fund, and investor data across the systems you already use. Every number traceable. Run every fund from one trusted view.
  • 10x Science — AI-native software to unlock drug development.
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CMT Digital
VC Fund · Chicago, Illinois, United States · 5 investments in Canada Infrastructure startups, 11 in the past 12 months

An exciting new iteration of our website is coming soon. CMT Digital is a blockchain and digital assets focused subsidiary of the CMT Group, a 24 year-old trading and investments firm. The CMT Group has operated as a valued partner to entrepreneurs, traders, and technologists

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 227
  • Round size: Seed $2M–$13M; Series A $5M–$40M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: Likely actively investing — fresh fund, raised $9.2M in 2026

Portfolio highlights

  • Tazapay — Experience Tazapay's best-in-class global payment solutions for businesses. Our extensive network supports cards, local payment options, and bank transfers in over 173 countries, ensuring seamless collections, secure holding, and efficient payouts worldwide.
  • DePay — DePay is an Argentina-based real-time payments infrastructure startup.
  • City Protocol — City Protocol offers growth incentives and creative tools driven by AI. A portable reputation is created via City ID.
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Golden Ventures
VC Fund · Toronto, Ontario, Canada · 5 investments in Canada Infrastructure startups, 9 in the past 12 months

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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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 196
  • Round size: Seed $1.5M–$7.5M; Series A $6.8M–$32M; Series B $14M–$49M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely still investing — raised $103M in 2024

Portfolio highlights

  • Space — Space is a cloud filesystem that appears in Finder as a regular drive. Open and save files with the apps that are used in regular basis while Space keeps them in the cloud and up to date across the Macs. So that one can work with terabytes of files without filling the computer or carrying external drives.
  • Terminal — Easily add 30+ telematics integrations to your application with a single API. Connect your application to the services you need, without worrying about the underlying details
  • Powered by People — Powered by People is a values-driven wholesale platform featuring handmade, ethical products from makers in over 40 countries. Sign up now for pre-approved credit and net 60 terms at poweredbypeople.com
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Digital Currency Group
VC Fund · Stamford, Connecticut, United States · 4 investments in Canada Infrastructure startups

We are the capital engine supporting emerging talent & crypto technology. On its mission to accelerate the development of a better financial system.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 379
  • Round size: Seed $510k–$8.5M; Series A $3M–$48M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • TurboFlow — Trading, made simple. Everyone gets a seat at TurboFlow.
  • DePay — DePay is an Argentina-based real-time payments infrastructure startup.
  • Ceramic Network — We've joined @textileio to build the first open intelligence network for AI agents. Follow us there.
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Forward Venture Capital
VC Fund · Den Haag, Zuid-Holland, The Netherlands · 4 investments in Canada Infrastructure startups

Forward Venture Capital is a Venture Capital fund that invests in early-stage companies in the US and Europe. We support early stage entrepreneurs and help them accelerate their growth.

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Investment focus

  • Industry: Software, E-Commerce, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Sweden, Denmark

Investor stats

  • Total investments: 71
  • Round size: Seed $850k–$8.5M; Pre-Seed $150k–$2.3M; Series A $1.6M–$14M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Halfdays — Halfdays is a skiwear brand for the modern woman. The company is on a mission to make the outdoors more approachable, inclusive, and fun.
  • Quickture — Quickture is an AI editing tool for professional non-scripted editors that integrates with Adobe Premiere Pro and Avid Media Composer to deliver instant rough cuts and revisions.
  • Kadence — Easy hybrid workplace management software supporting Desk Booking, Conference Room Booking, Visitor Management, and Workplace Events.
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Polychain
VC Fund · San Francisco, California, United States · 4 investments in Canada Infrastructure startups

The emergence of bitcoin and subsequent blockchain technologies has generated a new digital asset class in which scarcity is based on mathematical properties. Through cryptographic verification and game-theoretic equilibrium, blockchain-based digital assets can be created, issued, and transmitted using the software. Polychain Capital is committedto exceptional returns for investors through actively managed portfolios of these blockchain assets.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, Singapore, Switzerland

Investor stats

  • Total investments: 371
  • Round size: Seed $1.5M–$13M; Series A $6.5M–$30M; Venture - Series Unknown $5M–$45M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely actively investing — fresh fund, raised $53M in 2026

Portfolio highlights

  • Yellow Card — Yellow Card is a licensed stablecoin payments infrastructure provider powering global money movement across USD and 50+ local currencies. Talk to us.
  • Blueprint Finance — Blueprint Finance develops protocols and infrastructure to advance on-chain financing.
  • M0
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Bonfire Ventures
VC Fund · Santa Monica, California, United States · 3 investments in Canada Infrastructure startups, 10 in the past 12 months

Bonfire Ventures leads Seed rounds for business software solutions company founders transforming the industries they target.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, France

Investor stats

  • Total investments: 198
  • Round size: Seed $1.5M–$8.4M; Series A $5M–$25M; Series B $15M–$50M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely actively investing — fresh fund, raised $245M in 2025

Portfolio highlights

  • Ranger AI — Discover how Ranger RFX simplifies proposals with innovative tools designed for manufacturers. Improve accuracy, reduce downtime, and achieve cost savings today.
  • Katalyze AI — Katalyze builds agentic infrastructure for global pharma, so that more medication reaches more patients, faster.
  • Vali Health — Vali Health delivers AI-driven software that automates core workflows for home care agencies, including scheduling, hiring, compliance tracking, and routine communication. The platform functions as a virtual assistant that operates around the clock, coordinating shifts, sending reminders, and handling common administrative tasks through digitalchannels. Vali Health focuses on reducing manual workload for office staff while improving responsiveness to caregivers and clients. The system supports caregiver retention by sending personalized messages such as birthday greetings, shift follow-ups, and check-ins that acknowledge individual contributions. Integrations with existing home care management tools aim to keep client information, caregiver availability, and documentation aligned. Analytics features help agency leaders monitor staffing patterns, engagement levels, and operational bottlenecks so that adjustments can be made in real time. By embedding automation into everyday processes, Vali Health encourages more consistent communication and smoother coordination of in-home services.
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Lemniscap
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 3 investments in Canada Infrastructure startups

Lemniscap is an investment firm specialising in investments in emerging cryptoassets and blockchain startups.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 143
  • Round size: Seed $1.9M–$8M; Pre-Seed $1M–$3M; Series A $3M–$30M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $70M in 2024

Portfolio highlights

  • Solana — Solana is the high performance network powering internet capital markets, payments, and crypto applications. Fast. Decentralized. Scalable. Energy efficient. Solana can power thousands of transactions per second.
  • Flying Tulip — Better Yield, Better UX
  • Hypernova — The onchain prop firm, built to back traders.
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Regah Ventures
VC Fund · New York, New York, United States · 3 investments in Canada Infrastructure startups

Regah Ventures invests in visionary entrepreneurs who are developing transformational technologies, products, and solutions that are powering the future. It invests across a diverse range of industries like AI/ML, data analytics, and cloud edge computing enterprise software platforms, and in venture rounds alongside committed VCs,institutional, and other notable investors.

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Investment focus

  • Industry: Software, Internet, Automotive
  • Stage:Seed, Series A, Series B
  • Geography: United States, Israel, United Kingdom

Investor stats

  • Total investments: 20
  • Round size: Seed $3.5M–$7.5M; Series A $7.3M–$150M; Series B $10M–$100M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Aiode — Aiode is an AI-powered digital music studio that lets creators make music with fully-licensed models developed with professional session musicians and producers. Try Aiode free today.
  • CorrActions — CorrActions' driver analyser connects to any in-cabin motion sensor such as the steering wheel, a smart watch, a smart phone etc. The driver analyser asseses the drivers' cognitive state in real time.
  • Decart — We are an AI research lab building Live AI models and an ultra-fast infrastructure to power them
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XDL Capital Group
VC Fund · Toronto, Ontario, Canada · 3 investments in Canada Infrastructure startups

XDL is a Ontario-based private equity investor that invests in technology companies. Since 1996 we have supported entrepreneurs building technology related companies in new and growing business sectors. XDL is primarily a private equity investor. They invest their own monies, uniting their interests with each investee. They provide focusedattention on their investments, sharing experience, networks and knowledge to help the entrepreneurs grow and prosper.

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Investment focus

  • Industry: Software, SaaS, Computer
  • Stage:Seed, Series D, Series A
  • Geography: Canada, United States

Investor stats

  • Total investments: 13
  • Round size: Seed $731k–$2.5M; Series A $2.5M–$4M; Series D $8M–$26M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Edsby — Edsby develops high performance cloud-based software that blends social networking with class and student management. Edsby was founded in April 2010 by the original founders and architects of the FirstClass email and groupware product used widely in education. The Edsby K-12 digital learning platform offers K-12 school districts, regionalgovernments and private schools an array of online social learning tools–including gradebooks, attendance trackers, parent-teacher communication features, content management and social classroom interaction–connected to their existing systems of record. Powerful data consolidation and analytics capabilities are also unique features of the underlying technology.
  • Figment — Figment: Staking, middleware, and application layer solutions for investors and developers investing in and building on Web 3 technology.
  • MIMOSA Diagnostics — MIMOSA Diagnostics is the maker of the MIMOSA Pro, a handheld device that uses near-infrared light to accurately and non-invasively assess tissue health. It can be easily used by a patient or a caregiver, and the images produced will help inform the next steps within patient navigation and management
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
ConsenSys
VC Fund · Zug, Zug, Switzerland · 3 investments in Canada Infrastructure startups

Build next-generation apps, launch blockchain-based financial infrastructure, and access the decentralized web with ConsenSys' Ethereum product suite.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 98
  • Round size: Seed $1.2M–$8M; Pre-Seed $200k–$2.7M; Series A $6.5M–$30M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Brix — Tokenized emerging markets yield. Trade the Macro.
  • Shodai Network — The agreement layer for human and AI agents | UI + API + MCP
  • Ethereum Institutional — Accelerating institutional adoption of Ethereum
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Mantella Venture Partners
VC Fund · Toronto, Ontario, Canada · 3 investments in Canada Infrastructure startups

Mantella Venture Partners is a $20M early stage fund with a hands-on approach to building technology companies. We invest in exceptional entrepreneurs building market-altering mobile and Internet software businesses. At MVP we invest early.We invest alone, or alongside other value-added venture and angel investors that share the belief thatfounder/investor alignment is key to building successful companies and profitable exits. After investment, our portfolio companies benefit from active, hands-on involvement in all phases of growth, including product development, business development, marketing, financing, and team development. If you're looking for partners for your whole journey, not just money, get us involved early.

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Investment focus

  • Industry: Software, Mobile, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: Canada, United States

Investor stats

  • Total investments: 29
  • Round size: Seed $1M–$4M; Series A $1.4M–$12M; Series B $13M–$43M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: May invest from a new fund soon — raised $20M in 2010

Portfolio highlights

  • SkyX — SkyX is an AI-powered Web3 venture platform designed to help projects build, launch, and scale through structured automation and community-driven growth systems.The platform combines AI-driven workflows with a gamified engagement model, enabling users to participate through tasks, referrals, and incentive-based mechanisms. This creates a scalableecosystem where user activity contributes to platform growth and development.SkyX supports project validation, structured launches, and ecosystem expansion by reducing operational complexity and improving onboarding efficiency. The platform enables founders to deploy projects, users to engage through participation models, and operators to manage scalable growth within a unified system.Operating at the intersection of artificial intelligence and blockchain infrastructure, SkyX addresses inefficiencies in traditional incubation and launch processes by introducing automated workflows, community-driven participation, and streamlined execution models.
  • Felix Health — Felix offers on-demand treatment for common health issues such as erectile dysfunction, hair loss, HIV prevention, acne, birth control, and more.
  • Harry Howard — An AI-powered incubation platform that transforms Web3 innovation from concept to launch through intelligent automation and community governance. Visit our X Visit our Launchpad
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FJ Labs
VC Fund · New York, New York, United States · 3 investments in Canada Infrastructure startups

FJ Labs is a stage-agnostic investment firm that focuses on marketplaces and consumer facing startups.

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Investment focus

  • Industry: Software, E-Commerce, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, Brazil, United Kingdom

Investor stats

  • Total investments: 1747
  • Round size: Seed $1.2M–$9.7M; Series A $5M–$30M; Series B $11M–$65M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: May invest from a new fund soon — raised $5.5M in 2016

Portfolio highlights

  • HUNTY — HUNTY is a platform that help people find jobs by connecting them with world class mentors who prepare them for the job search process. And people only pay when they get hired.
  • Lastro — Lastro is building Lais, an autonomous AI worker for real estate agencies, starting in Brazil. Our AI agent initially automated lead engagement and qualification via WhatsApp, helping brokerages boost revenue and improve marketing ROI. In each brokerage, Lais acts as a personalized AI “team member” that engages with leads instantly, searches forproperties and answers common inquiries. Brokerages that have Lais in their teams are growing quickly and reporting up to 60% increases in lead conversion rates.
  • Wash Wise — Meet Reset Spray: the dry shampoo for clothes. Refresh lightly worn garments in seconds by neutralizing odors, lifting away sweat and body oils, and releasing wrinkles between washes.
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Ontario Centres of Excellence
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada Infrastructure startups

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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Investment focus

  • 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.
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Romain Lapeyre
Angel · San Francisco, California, United States · 2 investments in Canada Infrastructure startups

Romain Lapeyre is a Co-Founder and Chief Executive Officer at Gorgias.

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Investment focus

  • Industry: SaaS, E-Commerce, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, France

Investor stats

  • Total investments: 5
  • Round size: Seed $1.4M–$2.7M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Swell — Swell is the future-proof ecommerce platform that helps you build, sell, and scale your way.
  • Hookdeck — Hookdeck helps developers release their features faster. Less time spent developing, testing, deploying, monitoring, and troubleshooting webhooks.
  • Polar Analytics — Your Shopify Analytics. Effortless. Centralized. Smart. Connect your datasource in one clic, automatically calculate KPIs. Visualize them all in one place. Get alerts and recommendations in realtime
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Brightspark Ventures
VC Fund · Montréal, Quebec, Canada · 2 investments in Canada Infrastructure startups, 6 in the past 12 months

Brightspark Ventures invests in early stage Canadian software companies.Brightspark has been investing in the Canadian VC industry since 1999. Over the last 20 years, the company has refined its focus to the point where it choose what it believes to be the best early-stage opportunities in the market. The company's goal is to findexceptional startups, and work closely with these companies as they grow to achieve stellar returns.We have structured our investments to allow individual accredited investors to invest with us. We have found that individual investors share the same goals as us when investing: they too want to invest in startups with CEOs that are focused on creating massive returns.This model also benefits our portfolio companies, who appreciate having a network of investors they don’t necessarily have to "manage". By leading the investment and actively working as the gatekeeper for the company, Brightspark ensures that the company can grow to its full potential without being distracted or becoming unfocused. This model attracts some of the best companies in Canada.

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Investment focus

  • Industry: Software, SaaS, Machine Learning
  • Stage:Series A, Seed, Series B
  • Geography: Canada, United States

Investor stats

  • Total investments: 78
  • Round size: Seed $1.8M–$7M; Series A $3M–$19M; Series B $2.5M–$30M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $55M in 2023

Portfolio highlights

  • Coral — Coral is a virtual care clinic that provides evidence-based, personalized support for perimenopause and menopause, weight loss and longevity.
  • Pricepoint — Pricepoint is an autonomous AI agent that optimizes your hotel pricing in real time. Maximize revenue, eliminate manual work, and stay competitive 24/7.
  • Brickeye — Brickeye IoT solutions monitor assets and processes across various industries and generate data and insights for better decision making.
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Chris Nguyen
Angel · Miami, Florida, United States · 2 investments in Canada Infrastructure startups

Chris Nguyen is the Co-Founder and CEO at LogDNA.Prior to founding LogDNA, he founded two other companies: TeamSave, which is a white label e-Commerce platform that provides sales, technology, and customer support for the social commerce and digital coupons space for two eBay Classified Group portfolio companies and JobLoft, which was acquired byonTargetjobs. Chris also held various leadership positions at onTargetjobs ranging from Vice President of Product, Vice President of E-Commerce and General Manager of online personals site. Chris received his Bachelors of Commerce degree from Ryerson University with a major in Information Technology Management. He has been recognized through many awards for his accomplishments and leadership, including: Impact.org’s Young Entrepreneur of the Year; and received Ryerson University’s Isadore Sharp Alumni Achievement Awards. He was a board member of Ryerson University’s Accelerator Seed Fund from 2012-2014.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 10
  • Round size: Seed $528k–$7M; Pre-Seed $320k–$1.3M; Series A $7.5M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Beem — Beem is the instant cash app for up to $1,000 with no interest and no credit checks. Get emergency cash, compare personal loans, and budgeting tools in one app.
  • Yess — Yess automates your agency's inbound sales to win 10x more deals with AI sales rep Mia. Mia hyper-personalizes sales strategies, follow-ups, and proposals by analyzing context in real-time and leveraging the best-in-class inbound sales tools.
  • Hubble Network — Connect a Bluetooth device to a global satellite network, delivering affordable, low-power tracking and monitoring for diverse industrial and commercial applications.
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Capital Angel Network
VC Fund · Ottawa, Ontario, Canada · 2 investments in Canada Infrastructure startups

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.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Canada, United States

Investor stats

  • Total investments: 100
  • Round size: Seed $183k–$2.7M; Angel $10k–$2M; Pre-Seed $188k–$2M
  • Lead/follow: 17% lead, 83% 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.
  • RainStick — The RainStick shower is a recirculating shower that saves 80% energy and 80% water but still feels like a luxurious shower.
  • Afynia Laboratories — #FemTech startup developing fast, easy-to-use products to fill current gaps in #womenshealth-- starting with at-home testing for #endometriosis.
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Uncork Capital
VC Fund · San Francisco, California, United States · 2 investments in Canada Infrastructure startups

For more than 20 years, Uncork has focused on one stage: seed. Our partners have invested in over 290 companies, with more than 100 meaningful outcomes and $60B+ in enterprise value created — including Fitbit (NYSE: FIT, Google), Sendgrid (NYSE: SEND, Twilio), Eventbrite (NYSE: EB), Poshmark (NASD: POSH), and Postmates (UBER), as well asfast-growing startups like We invest in companies using AI and emerging technologies to create leverage, unlock scale, and push industries forward. We're typically the first major check on the cap table, often leading seed rounds with an initial investment of $3M-$5M. We keep terms simple and transparent, because a clean term sheet makes a strong partnership.We look for team, TAM, and tailwinds, but conviction in founder–market fit comes above all else. We back founders who bring sharp insight into their markets and the drive to build what others can’t yet see.There’s no single playbook for building a company. Every journey looks different, but our role stays the same: a steady partner who shows up early, knows when to deliver hard truths, and stays engaged long after the round closes.Learn more at

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Investment focus

  • Industry: Software, SaaS, Analytics
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 487
  • Round size: Seed $1.3M–$6M; Series A $2M–$18M; Series B $11M–$50M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: Likely actively investing — fresh fund, raised $75M in 2025

Portfolio highlights

  • DubClub — DubClub connects sports bettors with expert handicappers. Fans join exclusive communities and tail winning plays. Cappers scale their business with automated marketing, native distribution, and a built-in audience. Win More Together.
  • Bacca.ai — World's First AI Site-Reliability Engineer
  • Quadric — quadric.io is a Burlingame, CA-based processor technology company. The q16 Processor is the most comprehensive AI processor that handles any AI and high-performance edge workload.
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Accel
VC Fund · Palo Alto, California, United States · 2 investments in Canada Infrastructure startups

First partner to exceptional teams everywhere

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 2354
  • Round size: Seed $1.4M–$10M; Series A $4.4M–$40M; Series B $9.5M–$70M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely actively investing — fresh fund, raised $750M in 2026

Portfolio highlights

  • Yodlee — Yodlee is a provider of financial applications that aims to make online banking more profitable. Yodlee's personal financial management, payments, and customer acquisition solutions unify all personal financial account information to deliver centralized way for users to manage their financial tasks.
  • MobStac — Developer of a cloud-based mobile marketing platform designed to connect the digital and physical worlds through the use of innovative technology. The company's platform is based on the principals of proximity marketing and engage customers in a personalized, context-aware way that leverages indoor location and proximity, enabling businessesand brands to leverage BLE beacon technology to deliver context-rich experiences to their end users.
  • Diligent — Diligent, a modern governance company, is the only comprehensive governance software provider featuring tools to improve and simplify modern day governance.
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BITKRAFT Ventures
VC Fund · San Francisco, California, United States · 2 investments in Canada Infrastructure startups

We provide early- and mid-stage venture capital and expertise for extraordinary founders in gaming and emerging technology.

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Investment focus

  • Industry: Gaming, Video Games, Blockchain
  • Stage:Seed, Series A
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 246
  • Round size: Seed $2M–$11M; Series A $4.2M–$28M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: Likely still investing — raised $200M in 2024

Portfolio highlights

  • StockGro — StockGro is a stock market advisory & research app trusted by 35M+ users. Get daily trade ideas with entry, exit & stop-loss from 150+ SEBI-registered analysts.
  • Hulp — Hulp provides a personal assistant service that helps manage household tasks, bookings, family coordination, and daily activities.
  • welevel — Building games with attitude
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Inovia Capital
VC Fund · Montréal, Quebec, Canada · 2 investments in Canada Infrastructure startups

We support entrepreneurs at every stage of their journey and build technology companies that generate a positive impact on society.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 410
  • Round size: Seed $1M–$8.3M; Series A $2.3M–$20M; Series B $5M–$65M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — raised $300M in 2024

Portfolio highlights

  • Modem — Your dev team's auto-triage Product Manager
  • Cohere — Cohere builds powerful models and AI solutions enabling enterprises to automate processes, empower employees, and turn fragmented data into actionable insights.
  • TripleLift — Turn fragmented media into a coordinated system. TripleLift connects data, creative, and supply to drive measurable advertising outcomes.
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ScaleUP Ventures
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada Infrastructure startups

ScaleUP Ventures is a venture capital firm that supports creative entrepreneurs and assists with investments. It is focused on early-stage venture capital with a preference for Business-to-Business opportunities. The firm was founded in 2016 and is based in Toronto, Ontario.

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Series A, Seed, Series B
  • Geography: Canada, United States, Egypt

Investor stats

  • Total investments: 57
  • Round size: Seed $100k–$7.5M; Series A $2M–$17M; Series B $15M–$65M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2017

Portfolio highlights

  • Canalyst — 4,000+ financial models with every KPI that matters, built and updated by our team of analysts.
  • Penny — Discover Penny. Transforming sellers' lives. Providing tailored corporate solutions. Try the best social selling app today.
  • Dream Appeal — Dream Appeal is a career growth platform that helps in management of career oriented goals and connect with peers with similar interest.
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Matrix
VC Fund · San Francisco, California, United States · 2 investments in Canada Infrastructure startups

We're an early stage VC firm that leads pre-seed through Series A rounds and works with founders to help them win.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series B, Series A, Seed
  • Geography: United States, China, India

Investor stats

  • Total investments: 549
  • Round size: Seed $1.5M–$11M; Series A $5M–$25M; Series B $8M–$50M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — raised $800M in 2022

Portfolio highlights

  • Cyphort — Cyphort has developed Next Generation Distributed Software Platform to provide the broadest enterprise visibility and accurate detection of advanced threats & evasion techniques, and zero-day attacks by utilizing behavioral analytics, machine learning, and Long-Data Security-Analytics.Cyphort's innovative approach detects the mostadvanced threats through a highly accurate platform combined with validation and prioritization of threats in context of the organizations eco-system. Through this process Cyphort produces highly customized Actionable Intelligence to users.The Cyphort Distributed Platform has been build with flexibility allowing for seamless integration and detection not only at the edge and network layers but also in virtual infrastructures, cloud environments, and mobile platforms.
  • Metriport — Metriport helps digital health companies access and manage patient health and medical data, through an open-source and universal API.
  • Digital Reef — Digital Reef, Inc. provides scalable and open platform for eDiscovery services and digital information governance applications. It helps meet the needs of corporate and law firm clients to significantly lower costs, mitigate risks, and reduce time associated with the handling and processing of high volumes of electronically stored information (ESI)in the wake of eDiscovery.
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Alex Plugaru
Angel · New York, New York, United States · 2 investments in Canada Infrastructure startups

Alex Plugaru is a Co-Founder and Chief Technology Officer at Gorgias.

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Investment focus

  • Industry: Software, SaaS, Infrastructure
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Canada, Finland

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Swarmia — Build better software faster with insights that power your whole engineering organization. Get started with a demo or a free 14-day trial.
  • Hookdeck — Hookdeck helps developers release their features faster. Less time spent developing, testing, deploying, monitoring, and troubleshooting webhooks.
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Chris Gonsalves
Angel · New York, New York, United States · 2 investments in Canada Infrastructure startups

Cofounder & CEO of Community Gaming

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Investment focus

  • Industry: Gaming, Blockchain, Video Games
  • Stage:Seed, Pre-Seed
  • Geography: United States, Canada, Singapore

Investor stats

  • Total investments: 5
  • Round size: Seed $181k–$5M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • AAG Ventures — A bold new Saakuru Labs focused on incubating AI-native companies and game studios.
  • Community Gaming — Community Gaming is an esports tournament platform, building efficient payment infrastructure to enable gamers to earn and achieve. The CG platform equips players, tournament organizers, and game developers with the tools needed to create and participate in scalable grassroots tournaments.
  • Sequence — Sequence is the modular crypto infrastructure stack that unifies wallets, 1-click cross-chain payments, and real-time data layers across EVMs.
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Quantstamp
VC Fund · San Francisco, California, United States · 1 investments in Canada Infrastructure startups

Quantstamp is the leader in web3 security, securing over $200B worth of digital assets for projects like OpenSea, Maker and Curve.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Software
  • Stage:Seed, Pre-Seed
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 39
  • Lead/follow: no public data

Portfolio highlights

  • Hemi Labs — Hemi (https://hemi.xyz) is a modular protocol that integrates Bitcoin and Ethereum to amplify and extend the core capabilities of the two leading blockchain networks. This offers a novel perspective on blockchain interoperability and scaling by approaching Bitcoin and Ethereum as components of a single supernetwork. The result providessecurity that exceeds that of Bitcoin (“superfinality”) and new levels of blockchain programmability, portability, and potential. Hemi was co-founded by Jeff Garzik (former Bitcoin core developer) and Max Sanchez (inventor of the Proof-of-Proof consensus protocol), and is surrounded by a team of renowned blockchain engineers, strategic partners and investors.
  • Rails — Experience unparalleled speed and efficiency with Rails, your go-to platform for lightning-fast crypto perpetuals trading.
  • Hypernative — Detect attacks in progress & prevent loses in real time by proactively monitoring on and off chain data sources and help mitigate security, governance and financial risks with early warnings & actionable insights.
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Anthony Sassano
Angel · San Francisco, California, United States · 1 investments in Canada Infrastructure startups

Anthony Sassano is a Product Marketing Manager at Set Labs. He attended La Trobe University.

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Investment focus

  • Industry: Blockchain, Software, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 21
  • Lead/follow: no public data

Portfolio highlights

  • Valantis Labs — Valantis is a platform comprising decentralized exchanges (DEXes) and on-chain tools that empower developers to design and implement custom liquidity infrastructure for blockchain ecosystems. Using modular components, Valantis streamlines the process, making it faster, cost-effective, and user-friendly.
  • Zaros Finance — Zaros is a protocol that provides efficient liquidity, boosts staking rewards from LSTs, and aims to become the preferred liquidity hub for on-chain derivatives.
  • Creadibly Neutral — Credibly Neutral is a builder-led early stage venture fund investing $50-250k in protocols, infrastructure, and crypto SaaS.
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BKCM
VC Fund · New York, New York, United States · 1 investments in Canada Infrastructure startups

BKCM LLC (the “Company”) is an investment management firm focused on global macro and currency investing, including investing in digital currencies. The Company is located in New York City and operates three funds pursuant to an exemption from CPO registration under CFTC Regulation 4.13(a)(3).The Company’s web site is limited to the disseminationof general information pertaining to its investment services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of Company’s web site on the Internet should not be construed by any consumer and/or prospective client as Company’s solicitation to effect, or attempt to effect transactions in securities or commodities, or the rendering of personalized investment advice for compensation, over the Internet. The Company does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Company web site or incorporated herein, and takes no responsibility therefore. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.Please remember that different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy (including those undertaken or recommended by Company) will be profitable or equal any historical performance level(s). With respect to digital currencies, the price of the currencies remain volatile as well as the trading practices of participants in the market. There are cybersecurity risks relating to the hacking of trading platforms for virtual currencies as well as for virtual currency wallets in the spot market. There is also a degree of risk with respect to trading digital currencies through pump and dump schemes, insider trading, false disclosure, Ponzi schemes and other forms of investor fraud and market manipulation. The underlying cash markets and exchanges for Bitcoin remain unregulated and therefore, there are concerns about the price volatility and trading practices of participants.

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Investment focus

  • Industry: Blockchain, Software, Computer
  • Stage:Seed, Series A, Convertible Note
  • Geography: Canada, United States

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • Umee — Umee is a decentralized infrastructure for cross-chain interactions between networks.
  • GoodGood — GoodGood is creating a better kind of local commerce, helping neighborhoods discover specialty treats, niche beverages, and your next oh-my-god-I'm-obsessed favorite craft items.
  • Informal Systems — Your partner across the Interchain, our mission is to foster trust in software and money.
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MUUS Climate Partners
VC Fund · New York, New York, United States · 1 investments in Canada Infrastructure startups

VC arm of MUUS & Co investing at the intersection of climate and technology. Entrepreneurial. Flexible. Creative. Accelerating the decarbonization of our planet.

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Investment focus

  • Industry: Productivity Tools, Solar, Renewable Energy
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada

Investor stats

  • Total investments: 9
  • Lead/follow: no public data

Portfolio highlights

  • AmpUp — Commercial electric vehicle (EV) charging network solutions made simple for everyone. Easily manage and analyze EV charging data from a single dashboard.
  • Harvest Thermal — We are manufacturers of the cleanest home energy solution on the market today. We offer a cloud-enabled, ultra-clean heating, cooling and hot water system for residential customers. The brains of the system is our award-winning Harvest Pod that slashes carbon emissions, saves on utility bills, and
  • Energetic Capital — Let us cover the payment default risk on your next Solar Project. Energetic Insurance makes efficient financing possible for financiers, investors and energy service providers with the EneRate Credit Cover solar insurance policy.
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Francois Arbour
Angel · Montréal, Quebec, Canada · 1 investments in Canada Infrastructure startups

Francois Arbour is the Co-Founder of Angels of Many. He previously worked at Shutterstock as a VP of Product, Video & Music.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Canada

Investor stats

  • Total investments: 7
  • Round size: Seed $1.7M–$2.7M; Pre-Seed $399k–$400k
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Hookdeck — Hookdeck helps developers release their features faster. Less time spent developing, testing, deploying, monitoring, and troubleshooting webhooks.
  • Wingocard — Receive money instantly and shop at your favorite brands. No overdrafts, ever.
  • designstripe — A constantly growing library from our Studio team, all completely customizable online
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GrowthWorks Capital
VC Fund · Vancouver, British Columbia, Canada · 1 investments in Canada Infrastructure startups

Invest in our experienceGrowthWorks* offers you more: more accountability, more experience and more proven know-how to make the most of your investment.A principled approach to adding valueOver the last 20 years, we've built GrowthWorks into one of Canada's venture capital management companies. We've done that by managingfunds that rigorously follow core principles: structure strategic investments in growth-oriented companies, value portfolio assets conservatively, build vital industry connections and minimize risk through diversification. It's a simple formula that delivers powerful results.Regional know-how. National ReachAt GrowthWorks, we offer regionally based retail venture capital funds (RVCs) right across Canada.GrowthWorks specializes in the management of and growth of regionally based venture capital funds. The funds under management include the following RVCs: Working Opportunity Fund, GrowthWorks Commercialization Fund and GrowthWorks Atlantic Venture Fund.Partners in performanceWe have specialized teams in each of our core sectors to identify and structure investments in potential winners. These skilled teams also help create success by helping the companies that GrowthWorks managed funds invest in to grow with strategic management support and advice. This way, the companies get guidance from experienced leaders. In turn, the funds’ investors know that these companies receive direction to help them thrive.

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Investment focus

  • Industry: Software, Biotechnology, Health Care
  • Stage:Series B, Series A
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 116
  • Round size: Series A $1.6M–$16M; Series B $3.2M–$21M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — last raise in 2006

Portfolio highlights

  • Spotta — Spotta's smart pest systems help pest control monitor and identify pests. Solutions for hospitality, care homes, agriculture, farming and forestry.
  • ClearRisk — Our easy-to-use risk management software increases productivity, creates differentiation, and adds a simple and efficient process to manage risk!
  • HIGHLINEvc — HIGHLINE is a Pre-Seed investor & Acceleration Platform that helps digital startups get follow-on capital, backed by leading VCs with offices in Vancouver & Toronto.We believe in providing our founders with far more than capital. Yet unlike most accelerators, we have no rigid start/end dates throughout the year. By joining theHIGHLINE family, you get to call on us for advice on an ongoing basis, gain access to our premium network and monthly founder events. We’ll do our best to help with fundraising challenges and partner with incubators to help deliver specialized programming.
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Panache Ventures
VC Fund · Montréal, Quebec, Canada · 1 investments in Canada Infrastructure startups

Canada's leading nationwide pre-seed venture fund.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Canada, United States, Israel

Investor stats

  • Total investments: 141
  • Lead/follow: no public data

Portfolio highlights

  • Flinks — Allow your users to easily connect their bank accounts to collect data, turn data into actionable insights, seamlessly process payments, and deliver a winning open banking program.
  • Reworkd — End to End Web Scraping
  • MarketMuse — Our AI-powered software tells you what content to write (and how much) to leverage your experience and rank higher where competitors are weak.
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Fondaction
VC Fund · Clarke City, Quebec, Canada · 1 investments in Canada Infrastructure startups

Since its creation in 1996, Fondaction has been based on the belief that it is not only possible to do things differently in the financial and business world, it is a necessity.Fondaction helps Québecers prepare for retirement by offering affordable retirement savings to everyone. The savings collected are invested in companies across Québec.This way, Fondaction helps create and maintain quality jobs, contributing to a stronger, more equitable and greener economy.Created in 1996, Fondaction is a labour-sponsored fund with assets in excess of one billion dollars collected as retirement savings from more than 131,000 shareholders. Fondaction's direct investments and those made through investment funds support the development of more than 1 050 SMEs in different lines of business, in large part involved in various components of the social economy.Fondaction has always been resolutely committed to socially responsible finance, from the moment it was created. The principles of sustainable development are integrated in everything it does. Whether investing in businesses directly or in capital markets, Fondaction always applies the principles of responsible investment to the money entrusted by its savers.Fondaction was one of the first institutions in Québec to make accountability reports an obligation in an effort to improve its practices and contribute to moving sustainable development forward in Québec. It produced its first report on sustainable development in 2006 in accordance with the international standards of the Global Reporting Initiative (GRI), the highest standards of precision and transparency in economic, social and environmental accountability.In 2010 and 2012, Fondaction remained at the forefront with its 3rd and 4th sustainable development reports, having them reviewed by an independent firm and achieving an application level of A+ from the GRI. Fondaction is the only financial institution in Québec to achieve this level.In 2014, Fondaction tabled its 5th sustainable development report, produced in accordance with the latest GRI guidelines, the G4. Fondaction also opted for Comprehensive compliance, becoming the 1st financial institution in North America and the 9th in the world to voluntarily adhere to these requirements.

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Investment focus

  • Industry: Manufacturing, Information Technology, Software
  • Stage:Private Equity, Debt Financing
  • Geography: Canada, United States, France

Investor stats

  • Total investments: 213
  • Round size: Debt Financing $276k–$11M; Private Equity $750k–$103M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely actively investing — fund raised in 2026

Portfolio highlights

  • Icentia — Icentia provides a range of innovative medical tests for healthcare institutions. They are able to offer valuable solutions for major problems in the field of medical testing.
  • Solar Uniquartier
  • Turtlebrace — Turtlebrace is more than just an immobilization brace, it's a dynamic and innovative solution.
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VTF Capital
VC Fund · Santa Monica, California, United States · 1 investments in Canada Infrastructure startups

We Invest In The Future of Commerce

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Investment focus

  • Industry: E-Commerce, Software, Fashion
  • Stage:Seed, Series A
  • Geography: United States, Canada, Ireland

Investor stats

  • Total investments: 129
  • Round size: Seed $195k–$3M; Series A $1.2M–$18M
  • Lead/follow: 8% lead, 92% follow
  • Last fund: May invest from a new fund soon — raised $8.5M in 2016

Portfolio highlights

  • The/Studio — Manufacture high-quality custom products in small batches with fast turnaround and free shipping online from The/Studio. Browse our custom products, here.
  • ZenBusiness — Start a new business today for $0 or grow your existing business with the ZenBusiness platform. Get to your first dollar faster without the stress.
  • littleBits Electronics — LittleBits is an open source library of over 60 electronic modules that snap together with magnets allows users to view, download, and share designs and make their own Bits through the use of prototypes. Deluxe kit, Smart home kit, Arduino coding kit, Synth kit, hardware development kit, and workshop set are some of the electronics learning modulesprovided by littleBits.LittleBits was launched by Ayah Bdeir in 2011 and is operated from New York, United States.
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Ott Kaukver
Angel · Menlo Park, California, United States · 1 investments in Canada Infrastructure startups

Ott Kaukver is Chief Technology Officer at Checkout.com. Attended Estonian Business School.

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Investment focus

  • Industry: Software, SaaS, Financial Services
  • Stage:Series A, Seed, Pre-Seed
  • Geography: Estonia, United States, United Kingdom

Investor stats

  • Total investments: 31
  • Round size: Seed $2M–$4.8M; Pre-Seed $401k–$2.2M; Series A $8.5M–$26M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Arcjet — Arcjet helps developers protect their apps in just a few lines of code. Implement rate limiting, bot protection, email validation, and defense against common attacks.
  • Qovery — Qovery is a DevOps automation tool that lets developers deploy and scale applications on their cloud by simplifying and automating infrastructure so tech teams can focus on what matters most: building great products.
  • Handhold — Handhold is an AI platform that creates multimodal agents to automate the sales and onboarding process for inbound leads.
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Farhan Thawar
Angel · Toronto, Ontario, Canada · 1 investments in Canada Infrastructure startups

Farhan Thawar is the VP Engineering at Shopify. Attended University of Toronto - Rotman School of Management.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Canada, Israel, United States

Investor stats

  • Total investments: 15
  • Round size: Seed $2.4M–$8.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Mantle — A next generation platform for modern founders, powered by AI.
  • Ten Key Labs — Mantle is a next generation ownership and equity management platform for modern founders, powered by AI.
  • Redefine — Redefine is the first AI based CI optimization platform that seamlessly integrates with your existing CI environment, allowing you to accelerate your software development cycle and reduce cloud-costs. By combining code-analysis and ML, redefine optimizes your build and reduces feedback time by over 90% for developers.
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WUTIF
VC Fund · Vancouver, British Columbia, Canada · 1 investments in Canada Infrastructure startups

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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Investment focus

  • Industry: Software, Health Care, Biotechnology
  • Stage:Seed, Pre-Seed
  • Geography: Canada

Investor stats

  • Total investments: 77
  • Round size: Seed $100k–$3.8M; Pre-Seed $279k–$1.5M
  • Lead/follow: 12% lead, 88% 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 transforms waste into carbon-negative advanced materials for industry.
  • CereCura Nanotherapeutics — CereCura Nanotherapeutics is a biotechnology company pioneering the therapeutic use of RNA nanomedicine to treat disorders of the central nervous system.
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Vanedge Capital
VC Fund · Vancouver, British Columbia, Canada · 1 investments in Canada Infrastructure startups

Vanedge Capital is a venture capital firm which invests in the enterprise software, cloud infrastructure, security, digital media and cloud computing sectors. The firm targets companies that are post-revenue with a fast-growing user base and have demonstrated product market fit.

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Investment focus

  • Industry: Software, Mobile, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: Canada, United States

Investor stats

  • Total investments: 67
  • Round size: Seed $1.1M–$5M; Series A $2.2M–$15M; Series B $5M–$30M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: May invest from a new fund soon — raised $123M in 2017

Portfolio highlights

  • Mojo Vision — Mojo Vision is a developer of augmented reality products and platforms intended to invent the future of computing. The company has developed a smart contact lens with a built-in display that gives timely information without interrupting the focus and delivers immediate, powerful, and relevant information without the intrusions of today'smobile devices, enabling users to connect with others at a glance, anytime, anywhere handsfree.Mojo Vision was founded in 2015 and headquartered in Saratoga, California.
  • Bonsai Micro — Bonsai Micro operates as a fabless semiconductor company that develops essential network infrastructure for future wireless networks.
  • Molten Salt Solutions — Molten Salt Solutions: Lithium Isotope Enrichment for Advanced Nuclear Power
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Innovacorp
VC Fund · Halifax, Nova Scotia, Canada · 1 investments in Canada Infrastructure startups

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.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Grant, Pre-Seed
  • Geography: Canada, United States, Australia

Investor stats

  • Total investments: 174
  • Round size: Seed $50k–$3.1M; Grant $25k–$94k; Pre-Seed $19k–$1.8M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $40M in 2016

Portfolio highlights

  • Bright Breaks — Bright Breaks offers a workplace wellness solution to boost employee wellness, connection, and productivity with 7-minute live micro-breaks. Bright Breaks' wellness platform is designed to provide users with maximum benefits while requiring the least amount of effort. It only takes a few minutes per day to reduce stress and improve well-being.
  • Reno Sub Systems — Reno Sub-Systems, to our longtime semiconductor friends, colleagues and customers around the world. The founding of Reno has been a very gratifying challenge which has brought together many of the best and brightest minds in the field of Semiconductor Process Equipment Instrumentation. At a time when industry consolidation and the tightening ofventure capital poses a serious threat to new business formation, the founders of Reno have demonstrated the incredible power of inventing world-class technologies to enable next generation processes. With three brand new and highly disruptive technologies, we are creating a paradigm shift in the industry. At Reno, we believe there is unlimited potential for new discoveries and innovative thinking. As we move forward into the 450mm era, Reno stands at the summit of semiconductor process control equipment technology, ready to set the standards for product performance, worldwide customer support and customer satisfaction.
  • Planetary — Planetary restores the chemistry of seawater so it can do what it has always done: support life and protect the planet.
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Atlantic Canada Opportunities Agency
VC Fund · Moncton, New Brunswick, Canada · 1 investments in Canada Infrastructure startups, 68 in the past 12 months

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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Investment focus

  • Industry: Software, Manufacturing, Health Care
  • Stage:Grant, Debt Financing, Seed
  • Geography: Canada, United States, France

Investor stats

  • Total investments: 214
  • Round size: Seed $25k–$2M; Grant $33k–$2.1M; Debt Financing $141k–$1.1M
  • Lead/follow: 82% lead, 18% follow

Portfolio highlights

  • NordSpace — NordSpace develops integrated space mission capabilities focused on providing responsive and scalable access to orbit through its own launch vehicles, satellite systems, and supporting infrastructure. The company is building an end-to-end launch system that includes vehicles such as Tundra and Titan, along with 3D-printed liquid rocket engines anda proprietary small satellite platform designed for various space applications. It is also developing a dedicated spaceport and related infrastructure to support launch operations and enable missions from Earth to space. Its technologies extend to in-space propulsion, defense-oriented programs, and satellite payloads such as edge-AI imaging systems for environmental monitoring and data collection.
  • Ganong Bros — Ganong produces chocolates and candies.
  • Devour! Studios — Devour! Studios is a culinary and cultural hub that provides a versatile space for food, film, arts, performances, workshops, and community events.
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Freycinet Ventures
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada Infrastructure startups

Freycinet Ventures supports and accelerates high-impact Canadian ventures through financial investment, experienced mentorship, and access to networks.

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Investment focus

  • Industry: Software, Marketing, Machine Learning
  • Stage:Venture - Series Unknown, Seed, Series A
  • Geography: Canada, United States

Investor stats

  • Total investments: 16
  • Round size: Seed $2.4M–$7M; Series A $2.3M–$7.2M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • eleven-x — Experience a smart parking system that helps you make better decisions for your business.
  • Vivid Machines — Digitizing permanent crop production | Vivid Machines | Ontario
  • Mosaic Manufacturing — Mosaic Manufacturing provides three-dimensional printing technology solutions. It was founded in June 2014 and is based in Ontario, Canada.
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Export Development Canada
VC Fund · Ottawa, Ontario, Canada · 1 investments in Canada Infrastructure startups, 15 in the past 12 months

Export Development Canada (EDC) is a Crown corporation dedicated to assisting Canadian businesses of all sizes in achieving global success. It provides them with the tools they need to grow their business with confidence, including trade knowledge, financial solutions, equity, insurance, and connections.

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Investment focus

  • Industry: Software, Manufacturing, Renewable Energy
  • Stage:Series B, Series A
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 192
  • Lead/follow: no public data

Portfolio highlights

  • GHGSat — GHGSat’s mission is to become the global reference for remote sensing of greenhouse gas (GHG), air quality gas, and other trace gas emissions from any source in the world.In June 2016, GHGSat launched the world’s first high-resolution satellite capable of measuring greenhouse gas (CO2 & CH4) emissions from any industrial facility in theworld. GHGSat is using this unique satellite and its patented technology to provide greenhouse gas emissions monitoring data and services globally,with better accuracy and at at a fraction of the cost of comparable alternatives. Owners of industrial facilities are now able to monitor all of their facilities, local or remote, anywhere in the world, with a common technology, in near-real-time. Significantly improved emissions information is enabling industries to better measure, control, and ultimately reduce emissions of GHGs.Building on lessons learned from its demonstration satellite, GHGSat launched its second satellite in Sept 2020 and a third is scheduled for Q1'21. Three more satellites are under construction for launch in early 2022. GHGSat also uses the same instrument technology from its satellites on aircraft, to provide complementary resolution and performance for customers in shale plays. GHGSat’s technology can also be used to monitor air quality gases, as well as other trace gases, in the atmosphere. Business cases are being developed for key markets, such as measuring SOx from ships.
  • Hydrostor — Hydrostor, a global leader in long-duration energy storage, pioneers technology to scale carbon reduction with a dedicated professional team.
  • Torngat Metals — We are a company dedicated to developing the Strange Lake rare earth project in northern Quebec. Through our commitment to drawing on best environmental
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Tobias Lütke
Angel · Ottawa, Ontario, Canada · 1 investments in Canada Infrastructure startups, 12 in the past 12 months

Tobi Lütke founded Shopify in 2004. He has served as the Chief Executive Officer since 2008. Tobi worked on the core team of the Ruby on Rails framework and has created many popular open source libraries such as Active Merchant.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 61
  • Round size: Seed $609k–$15M; Series A $4M–$36M; Series B $30M–$74M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • KOHO Financial — Open an everyday spending account online with instant cash back & premium rewards. Join over 1.5M Canadians using KOHO's prepaid Mastercard to spend, save, build and borrow. Sign up in minutes!
  • Synthetic — Synthetic provides an autonomous accounting agent that processes financial data and produces completed monthly books with minimal manual input. Its system handles tasks such as transaction categorization, reconciliation, and financial record generation. The platform is designed to integrate with existing financial tools and maintain structured,auditable outputs.
  • Wednesday Waffles — Wednesday Waffles is a relationship wellness company building a weekly video ritual for close friends and family. Every Wednesday, users share private five-minute life updates with the people they care about most, helping them stay meaningfully connected across distance, busy schedules, and major life transitions.Unlike traditional socialplatforms, Wednesday Waffles has no public feed, followers, algorithms, likes, or doom scrolling. The product is designed around consistency and shared disclosure: a simple weekly habit that strengthens real relationships and helps fight the loneliness epidemic.The company’s long-term vision is to build an AI-powered friendship assistant that supports, rather than replaces, human connection by helping people remember what matters, follow up thoughtfully, and turn relationship intent into real-world moments, activities, gifts, trips, and memories
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Polygon
VC Fund · Bengaluru, Karnataka, India · 1 investments in Canada Infrastructure startups

Polygon is the most proven way to build and scale your decentralized application and projects on Ethereum, the world's largest blockchain ecosystem.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Pre-Seed, Grant
  • Geography: United States, Singapore, India

Investor stats

  • Total investments: 125
  • Round size: Seed $1.1M–$20M; Grant $10k–$300k; Pre-Seed $250k–$3.8M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Guild — Guild is a decentralized platform leveraging AI to augment creation, ownership, distribution and monetization of content and digital goods. AI plays a pivotal role in automating tasks, providing data-driven insights, and offering strategic guidance to creators. Whether it's managing marketing campaigns, optimizing release schedules, oridentifying new opportunities, the AI in Guild serves as an invaluable tool for artists, producers, and songwriters. The platform's blockchain integration ensures that all music assets are securely owned and transparently managed, giving creators full control over their work. By combining the practical benefits of AI—like process automation and data analysis—with the security of blockchain, Guild empowers creators to focus on their craft while effectively managing their careers.
  • Open Campus — The Open Campus is a community-driven protocol that leverages the power of blockchain and invites all to build the future of education by putting the power of learning back in the hands of educators, students, and the community.
  • Pheasant Network — Pheasant Network uses intent-based bridging and an innovative cross-chain swap protocol to connect 30+ blockchain networks quickly and efficiently.
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SWAN Venture Fund
VC Fund · Kirkland, Washington, United States · 1 investments in Canada Infrastructure startups

SWAN is Seattle's Seed Stage Venture Fund. We provide the first major outside investment and continuous expertise and support

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Investment focus

  • Industry: Software, Information Technology, Medical Device
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada

Investor stats

  • Total investments: 30
  • Round size: Seed $325k–$3.5M; Pre-Seed $500k–$1.5M; Series A $4M–$5.8M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • CurvaFix — The CurvaFix Low Profile System is designed in collaboration with Orthopedic trauma surgeons and backed by 4-years of commercial use and thousands of legacy devices implanted demonstrating real-world application, high efficacy, and low postoperative complications.
  • Indicio.tech — Indicio Proven is an interoperable, verifiable credentials platform. Biometric & document authentication, deployed at country scale.
  • Impetus Agriculture — Impetus Agriculture focuses on developing multiple topical or transgenic insect control products. Products that are safe, effective, and sustainable. Products that are not subject to the same insect resistance that has developed in current commercial products.
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Mike Serbinis
Angel · Toronto, Ontario, Canada · 1 investments in Canada Infrastructure startups

Mike Serbinis working as Fellow at Creative Destruction Labs.

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Investment focus

  • Industry: Finance, Infrastructure, Trading Platform
  • Stage:Seed
  • Geography: Canada

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Citizen Hex — Citizen Hex is an Ethereum Liquidity Company that was built for a corporation centred around acquiring, securing, and trading ERC-20 tokens. The main beneficiaries of Ethereum adoption will be the crypto-commodities that power it. Founded by Benjamin Roberts and Brett Bergmann in late 2016, Citizen Hex Inc. emerged as one of the top companies.
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Everyrealm
VC Fund · New York, New York, United States · 1 investments in Canada Infrastructure startups

Leaders in metaverse innovation and development.

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Investment focus

  • Industry: Software, Blockchain, Gaming
  • Stage:Seed, Series A
  • Geography: United States, Canada, Switzerland

Investor stats

  • Total investments: 10
  • Round size: Seed $3M–$7M; Series A $15M–$40M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • reNFT — Multi-chain NFT rental protocol and platform that can be whitelabel integrated into any project to enable collateral-free in-house renting, lending, and rev-share. Start building!
  • Supermojo — Supermojo is building the embedded customer lending experiences to power the growth of NFTs as a powerful new asset class.
  • Sequence — Sequence is the modular crypto infrastructure stack that unifies wallets, 1-click cross-chain payments, and real-time data layers across EVMs.
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Invest Victoria
VC Fund · Melbourne, Victoria, Australia · 1 investments in Canada Infrastructure startups

Invest Victoria is the State Government of Victoria's investment attraction agency, fostering long term economic prosperity by enabling business opportunities and job creation for Victoria.Invest Victoria is part of the State Government of Victoria's Department of Treasury and Finance (DTF), reporting to the Minister for EconomicDevelopment. It is responsible for: - Leading new entrant Foreign Direct Investment and investment opportunities of state significance - Enhancing the business investment environment - Developing and providing whole-of-government levers (such as facilitation services) - Strengthening the governance of investment attraction activities and providing central coordination for the State’s investment pipeline, including leading a whole-of-government investment committee

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Investment focus

  • Industry: FinTech, Infrastructure, Venture Capital
  • Stage:Series A, Debt Financing
  • Geography: Canada, United States

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

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.
  • Lighter Capital — Transform Your Revenue into Growth Capital. Grow your tech company on your terms. Get up to $4M in flexible financing, without selling equity or signing personal guarantees, warrants, or covenants.
  • Planet Protector Packaging — Planet Protector Packaging manufacturers and distribute the best performing insulated packaging solutions made from 100% natural waste wool.
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Laura Adams
Angel · 1 investments in Canada Infrastructure startups

Laura Adams

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Investment focus

  • Industry: Finance, Infrastructure, Trading Platform
  • Stage:Seed
  • Geography: Canada

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Citizen Hex — Citizen Hex is an Ethereum Liquidity Company that was built for a corporation centred around acquiring, securing, and trading ERC-20 tokens. The main beneficiaries of Ethereum adoption will be the crypto-commodities that power it. Founded by Benjamin Roberts and Brett Bergmann in late 2016, Citizen Hex Inc. emerged as one of the top companies.
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Infrastructure Investor funding in Canada at a glance

Stats across 152 deals from 263 investors.

263
investors
in Canada Infrastructure startups
152
deals
in Canada Infrastructure startups
$3.7M
median round
in Canada Infrastructure startups
42%
lead investors
lead at least one round
20%
Grant
most common funding stage
87/13
VC / Angel
share of investor count

Access all 263 investors in Canada Infrastructure startups.

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