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Top 50 Infrastructure VC Funds & Investors in Canada (October 2026)

The most active venture capital funds 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 Seed, Series A or Series B 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 $1.3M–$67M
Golden Ventures
VC Fund
5 Canada, United States, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $1.5M–$49M
CMT Digital
VC Fund
5 United States, Singapore, United Kingdom Seed, Series A, Venture - Series Unknown Blockchain, Cryptocurrency, FinTech $2M–$150M
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
Digital Currency Group
VC Fund
4 United States, United Kingdom, Singapore Seed, Series A, Venture - Series Unknown Blockchain, Cryptocurrency, FinTech $550k–$114M
Lemniscap
VC Fund
3 United States, United Kingdom, Canada Seed, Series A, Pre-Seed Blockchain, Cryptocurrency, Software $1M–$30M
ConsenSys
VC Fund
3 United States, United Kingdom, Canada Seed, Series A, Pre-Seed Blockchain, Cryptocurrency, Software $200k–$30M
FJ Labs
VC Fund
3 United States, United Kingdom, Brazil Seed, Series A, Series B Software, E-Commerce, Financial Services $1.2M–$65M
XDL Capital Group
VC Fund
3 Canada, United States Seed, Series D, Series A Software, SaaS, Computer $731k–$26M
Regah Ventures
VC Fund
3 United States, Israel, United Kingdom Seed, Series A, Series B Software, Internet, Automotive $3.5M–$150M
Mantella Venture Partners
VC Fund
3 Canada, United States Seed, Series A, Series B Software, Mobile, E-Commerce $1M–$43M
Bonfire Ventures
VC Fund
3 United States, Canada, France Seed, Series A, Series B Software, Artificial Intelligence, SaaS $1.5M–$50M
Ontario Centres of Excellence
VC Fund
2 Canada, United States Seed, Grant, Pre-Seed Software, Information Technology, Health Care
ScaleUP Ventures
VC Fund
2 Canada, United States, Egypt Series A, Seed, Series B Software, SaaS, FinTech $100k–$65M
Brightspark Ventures
VC Fund
2 Canada, United States Series A, Seed, Series B Software, SaaS, Machine Learning $1.8M–$30M
Inovia Capital
VC Fund
2 Canada, United States, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, FinTech $1M–$65M
BITKRAFT Ventures
VC Fund
2 United States, Germany, India Seed, Series A, Series B Gaming, Video Games, Blockchain $2M–$58M
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, Artificial Intelligence $1.3M–$50M
Matrix
VC Fund
2 United States, China, India Series B, Series A, Seed Software, Artificial Intelligence, Information Technology $1.5M–$50M
Accel
VC Fund
2 United States, India, United Kingdom Series A, Series B, Seed Software, Artificial Intelligence, SaaS $1.3M–$75M
VTF Capital
VC Fund
1 United States, Canada, Ireland Seed, Series A E-Commerce, Software, Fashion $100k–$30M
Coinbase Ventures
VC Fund
1 United States, Singapore, Canada Seed, Series A, Venture - Series Unknown Blockchain, Cryptocurrency, Financial Services $2M–$41M
GCI
VC Fund
1 United States, Canada Private Equity, Series A, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $950k–$15M
Freycinet Ventures
VC Fund
1 Canada, United States Venture - Series Unknown, Seed, Series A Software, Marketing, Machine Learning $2.3M–$7.2M
Vanedge Capital
VC Fund
1 Canada, United States Seed, Series A, Series B Software, Mobile, Artificial Intelligence $1.1M–$30M
National Grid Partners (NGP)
VC Fund
1 United States, United Kingdom, Israel Series B, Series A, Venture - Series Unknown Software, Artificial Intelligence, SaaS $6M–$71M
WUTIF
VC Fund
1 Canada Seed, Pre-Seed, Venture - Series Unknown Software, Health Care, Biotechnology $100k–$5.5M
Island Capital Partners
VC Fund
1 Canada, Ireland Seed, Pre-Seed Software, SaaS, Manufacturing $205k–$3M
UBC Seed Fund
VC Fund
1 Canada, United States Seed, Pre-Seed Health Care, Biotechnology, Artificial Intelligence $19k–$2.5M
Georgian Angel Network
VC Fund
1 Canada, United States Seed, Angel, Pre-Seed B2B, Health Care, Internet $256k–$2.6M
Angel One Network
VC Fund
1 Canada, United States, Malaysia Angel, Seed, Series A Software, SaaS, Internet $68k–$7M
Siemens Aktiengesellschaft
VC Fund
1 United States, Germany, United Kingdom Series A, Venture - Series Unknown, Debt Financing Renewable Energy, Energy, Software $2.1M–$559M
OMERS Ventures
VC Fund
1 Canada, United States, United Kingdom Series A, Series B, Seed Software, SaaS, Artificial Intelligence $1.6M–$100M
MaRS Investment Accelerator Fund
VC Fund
1 Canada, United States Seed, Pre-Seed, Series A Software, Analytics, Artificial Intelligence $375k–$14M
Raven Indigenous Capital Partners
VC Fund
1 Canada Seed, Series A Information Technology, Software, Insurance
Bentley Systems
VC Fund
1 Canada Series A Infrastructure, Asset Management, Productivity Tools
Round13 Capital
VC Fund
1 Canada, United States, Puerto Rico Seed, Series A, Series B Software, SaaS, Internet
Playground Global
VC Fund
1 United States, Canada, Italy Series A, Seed, Series B Software, Robotics, Biotechnology
Polygon
VC Fund
1 United States, Singapore, India Seed, Grant, Series A Blockchain, Cryptocurrency, Gaming $5k–$65M
Rhapsody Venture Partners
VC Fund
1 United States, Canada, Finland Seed, Series A Biotechnology, Food and Beverage, Industrial Engineering $1.5M–$16M
Panache Ventures
VC Fund
1 Canada, United States, Israel Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology
Atlantic Canada Opportunities Agency
VC Fund
1 Canada, United States, France Grant, Debt Financing, Seed Manufacturing, Software, Health Care $25k–$2M
Morgan Creek Digital
VC Fund
1 United States, Canada, Brazil Seed, Series A, Series B Blockchain, Financial Services, FinTech $3.2M–$200M
Sprout Fund LP
VC Fund
1 Canada, United States Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $75k–$2.4M
Ubisoft
VC Fund
1 France, Canada, Israel Seed, Series A, Pre-Seed Online Games, Video Games, Gaming
Bentley iTwin Ventures
VC Fund
1 United States, Canada, Ireland Seed, Series A Software, Infrastructure, SaaS
Ripple Ventures
VC Fund
1 Canada, United States Seed, Pre-Seed, Series A Software, SaaS, Artificial Intelligence
Everyrealm
VC Fund
1 United States, Canada, Switzerland Seed, Series A Blockchain, Gaming, Software $3M–$40M
Access all 231 VC funds 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: 520
  • Round size: Seed $1.3M–$8.5M; Series A $6M–$40M; Series B $10M–$67M
  • Lead/follow: 34% lead, 66% 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.
  • Robocurve — Robocurve builds open-source evaluation tools and benchmarks for measuring real-world capabilities of AI and robots.
  • 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.
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Golden Ventures
VC Fund · Toronto, Ontario, Canada · 5 investments in Canada Infrastructure startups, 10 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: 200
  • Round size: Seed $1.5M–$7.5M; Series A $6.8M–$32M; Series B $10M–$49M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely still investing — raised $103M in 2024

Portfolio highlights

  • Biossil — Biossil is an applied AI drug discovery platform to create specialized treatments for distinct patients.
  • 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
  • Brodie Rec Leagues — Brodie Rec Leagues specializes in basketball tournaments, leagues, and training.
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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, FinTech
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 228
  • Round size: Seed $2M–$13M; Series A $5M–$40M; Venture - Series Unknown $3.8M–$150M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: Likely actively investing — fresh fund, raised $9.2M in 2026

Portfolio highlights

  • DePay — DePay is an Argentina-based real-time payments infrastructure startup.
  • Diameter Pay — Diameter Pay is a financial service company that provides financial inclusion, fintech, blockchain, and social entrepreneurship services.
  • 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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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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Digital Currency Group
VC Fund · Stamford, Connecticut, United States · 4 investments in Canada Infrastructure startups, 8 in the past 12 months

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, Venture - Series Unknown
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 391
  • Round size: Seed $550k–$8.5M; Series A $3M–$48M; Venture - Series Unknown $1M–$114M
  • 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.
  • Limited — Secure your treasury and scale your business globally with a truly self-custodial account that only you control. No banks. No middlemen.
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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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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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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, United Kingdom, Brazil

Investor stats

  • Total investments: 1792
  • Round size: Seed $1.2M–$9.3M; Series A $5M–$30M; Series B $10M–$65M
  • Lead/follow: 3% lead, 97% 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.
  • Mainstay — System of intelligence for residential real estate.
  • Odyssey — Discover how Odyssey Energy Solutions unblocks bottlenecks in DRE project development. Access diverse financing, procure equipment efficiently, and remotely monitor system performance. Join over 2000 renewable energy companies that use Odyssey to scale. Get in touch today.
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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!
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: 21
  • Round size: Seed $3.5M–$7.5M; Series A $7.3M–$150M; Series B $10M–$100M
  • Lead/follow: 14% lead, 86% 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.
  • Decart — We are an AI research lab building Live AI models and an ultra-fast infrastructure to power them
  • Stoke Space — Stoke Space develops the Nova rocket, a fully reusable launch vehicle designed to provide affordable access to and from Earth's orbit. The vehicle features a reusable upper stage that enables on-demand access to any orbit for cargo, logistics, and asset operations. Stoke Space operates vertically integrated design and manufacturing to buildand rapidly iterate on its rocket engines and structures.
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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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Bonfire Ventures
VC Fund · Santa Monica, California, United States · 3 investments in Canada Infrastructure startups, 9 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, Artificial Intelligence, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, France

Investor stats

  • Total investments: 209
  • Round size: Seed $1.5M–$8.4M; Series A $3.3M–$25M; Series B $15M–$50M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely actively investing — fresh fund, raised $245M in 2025

Portfolio highlights

  • Destro AI — Destro AI coordinates warehouse and factory robots, people, and workflows with artificial intelligence software.
  • 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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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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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: 58
  • Round size: Seed $100k–$7.5M; Series A $2M–$17M; Series B $15M–$65M
  • Lead/follow: 22% lead, 78% 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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Brightspark Ventures
VC Fund · Montréal, Quebec, Canada · 2 investments in Canada Infrastructure startups

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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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, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 420
  • 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
  • TicketIQ — Buy authentic sports tickets, concert tickets, and theater tickets for your favorite live events at TicketIQ.
  • Branch Energy — A tech-powered, green energy provider focused on helping consumers reduce their energy bills and carbon footprints
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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, Series B
  • Geography: United States, Germany, India

Investor stats

  • Total investments: 248
  • Round size: Seed $2M–$11M; Series A $4.2M–$28M; Series B $10M–$58M
  • 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.
  • Circle Games — Circle Games is a mobile gaming company dedicated to create high-quality experiences with user-centered design.
  • welevel — Building games with attitude
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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, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 508
  • Round size: Seed $1.3M–$6M; Series A $2M–$18M; Series B $10M–$50M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: Likely actively investing — fresh fund, raised $75M in 2025

Portfolio highlights

  • Bacca.ai — World's First AI Site-Reliability Engineer
  • Solea — Solea is the AI CSR that helps with booking, routing, and logging home service jobs in real time.
  • Numeral — We fully manage the headaches of sales tax so you can get back to real work. Get started for free today!
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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: 567
  • Round size: Seed $1.5M–$11M; Series A $5M–$26M; 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.
  • 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.
  • Delos Data — Delos Data develops AI-focused interconnect hardware and network analytics software for large-scale artificial intelligence workloads.
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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, Artificial Intelligence, SaaS
  • Stage:Series A, Series B, Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 2492
  • Round size: Seed $1.3M–$10M; Series A $4.3M–$40M; Series B $10M–$75M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely actively investing — fresh fund, raised $750M in 2026

Portfolio highlights

  • Vectra AI — Vectra AI, the cybersecurity AI company that protects modern networks from modern attacks.
  • 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.
  • Perplexity — Perplexity is a search engine platform that uses artificial intelligence to provide large language models and search engines. The company's platform enables the development of beneficial artificial general intelligence, as well as an open-source environment that is accessible to the public, allowing clients to develop skills and knowledge inartificial intelligence.
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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: 136
  • Round size: Seed $100k–$2.9M; Series A $1.2M–$30M
  • 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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Coinbase Ventures
VC Fund · San Francisco, California, United States · 1 investments in Canada Infrastructure startups, 58 in the past 12 months

Coinbase Ventures is an investment arm of Coinbase that aims to invest in seed-stage cryptocurrency and blockchain startups. The company was founded in 2018 and is based in San Francisco, California, United States.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, Singapore, Canada

Investor stats

  • Total investments: 643
  • Round size: Seed $2M–$15M; Series A $6M–$41M; Venture - Series Unknown $2M–$32M
  • Lead/follow: 8% lead, 92% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2018

Portfolio highlights

  • Raven — Raven is a proprietary high-frequency algorithmic trading firm specializing in CeFi market making and DeFi liquidity provision.
  • Jeeves Inc. — Pay for anything, anywhere, in your local currency. No fees. No interest. No personal guarantees. Mobile-first, built with your team in mind.
  • Catchback Cards — Catchback Cards offers a platform for buying, selling, storing, and auctioning collectibles with pack opening and card-backed loan services.
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GCI
VC Fund · Waukesha, Wisconsin, United States · 1 investments in Canada Infrastructure startups

Family-funded private equity firm

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Private Equity, Series A, Venture - Series Unknown
  • Geography: United States, Canada

Investor stats

  • Total investments: 14
  • Round size: Series A $5M–$15M; Venture - Series Unknown $950k–$1.3M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • PegEx — The PegEx Platform is a waste management platform ideally suited for waste generators, brokers, haulers, and disposal facilities. The PegEx cloud-based Platform allows you to gain liability control of your waste streams and jobs Anytime. Anywhere.
  • Citylitics — Start winning infrastructure sales with Citylitics. Our predictive sales intelligence empowers you to target ideal opportunities, deepen customer relationships, and maximize win rates.
  • Forj — Host your association's conferences, trade shows, or events on our highly customizable and interactive virtual event platform, backed by our customer success team.
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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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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: 68
  • 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 — Harnessing AI & ML To Improve Performance of High Data Rate Communication Systems Our Edge AI/ML technology supports multivariate optimization of complex parameters to improve Power Added Efficiency and Linearity of sophisticated communication systems. Product Overview Key Benefits: Increased Battery Life Increased Spectral Efficiency Increased tolerance to Environmental Changes Significant Cost Savings Solutions PRODUCT OVERVIEW
  • Molten Salt Solutions — Molten Salt Solutions: Lithium Isotope Enrichment for Advanced Nuclear Power
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National Grid Partners (NGP)
VC Fund · San Francisco, California, United States · 1 investments in Canada Infrastructure startups

For entrepreneurs with a provocative vision for energy & IT; NGP is the only utility venture & innovation fund that taps into the global network of National Grid, accelerating companies with investment, innovation, incubation & biz dev; realizing the full potential of energy.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Series B, Series A, Venture - Series Unknown
  • Geography: United States, United Kingdom, Israel

Investor stats

  • Total investments: 94
  • Round size: Series A $6M–$71M; Series B $13M–$60M; Venture - Series Unknown $10M–$25M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: May invest from a new fund soon — raised $150M in 2021

Portfolio highlights

  • Captura — Captura is harnessing the power of the ocean to heal the climate through Direct Ocean Capture technology.
  • Terragrit — Terragrit is a collaborative, no-code simulation platform to easily create “VMs” of a physical space designed for virtual pilots.
  • LineVision — LineVision is accelerating the net zero grid by equipping our utility partners with unique monitoring and analytics that improve the capacity, resilience, and safety of the grid.
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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, Venture - Series Unknown
  • Geography: Canada

Investor stats

  • Total investments: 77
  • Round size: Seed $100k–$3.8M; Pre-Seed $279k–$1.5M; Venture - Series Unknown $200k–$5.5M
  • 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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Island Capital Partners
VC Fund · 1 investments in Canada Infrastructure startups

Island Capital Partners is an early stage venture capital fund that is in the business of investing in high potential Prince Edward Island entrepreneurs and startups.

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Investment focus

  • Industry: Software, SaaS, Manufacturing
  • Stage:Seed, Pre-Seed
  • Geography: Canada, Ireland

Investor stats

  • Total investments: 23
  • Round size: Seed $205k–$3M; Pre-Seed $416k–$1.3M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • PayTic — PayTic enables payments issuers to manage their card programs by providing dedicated back-office solutions that streamline the end-to-end operations in customer support, chargebacks, fraud, AML, reporting, and reconciliation. Our proprietary solutions are unique in automating and centralizing the program management processes, regardless of thenumber of processors and the payment networks involved in the payments products. We impact payments providers by eliminating the defragmented and manual processes and replacing them with a SaaS platform that increases proactivity, mitigates risks, and delivers value. It reduces the burn rate to near 0 in operational costs and offers an unprecedented competitive advantage. PayTic is introducing the Zero Ops model in managing payments.
  • Tracktile — Tracktile lets you configure your manufacturing operation through inventory and production software. Gain full visibility into your operation. Talk To Us!
  • Versos AI Inc — Create at the speed of imagination. A new way to create 3D content inside Unreal Engine and other platforms.
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UBC Seed Fund
VC Fund · 1 investments in Canada Infrastructure startups

UBC Seed Fund

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Investment focus

  • Industry: Health Care, Biotechnology, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: Canada, United States

Investor stats

  • Total investments: 18
  • Round size: Seed $19k–$2.5M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Ideon Technologies — Ideon reduces geologic uncertainty, enabling mining companies to confidently identify, map, monitor, and target mineral deposits and other subsurface anomalies.
  • Sonic Incytes — Velacur ONE is a fatty liver disease NIT quantifying real-time measurements of stiffness and attenuation in a point of care setting.
  • BarrelWise Technologies — Delivering labor savings, precision, and control to commercial wine producers.
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Georgian Angel Network
VC Fund · Detroit, Michigan, United States · 1 investments in Canada Infrastructure startups

Connecting angel investors with entrepreneurs to commercialize their innovations. We are the catalysts for your investments or business. Learn more.

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Investment focus

  • Industry: B2B, Health Care, Internet
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Canada, United States

Investor stats

  • Total investments: 13
  • Round size: Seed $470k–$2.6M; Angel $256k–$677k
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $300k in 2019

Portfolio highlights

  • Neurovine — Connecting concussion patients with their own brain data so they can take control of their recovery. Click to learn more!
  • CarbonGraph — CarbonGraph helps product manufacturers prove their sustainability advantage with easy-to-use life cycle assessment (LCA) and EPD workflows. Model environmental impacts and create defensible sustainability claims buyers and investors trust.
  • LearnExperts — You've invested in your product. We're invested in getting it adopted. Learnexperts is the first Education as a Service provider that takes the full burden off you. We have experts who know how to do it right the first time so you don't have to.
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Angel One Network
VC Fund · Burlington, Ontario, Canada · 1 investments in Canada Infrastructure startups

Join Angel One Investor Network: Your Path to Profitable Investments. Curated ventures, expert angel investors, and more. Take action now!

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Investment focus

  • Industry: Software, SaaS, Internet
  • Stage:Angel, Seed, Series A
  • Geography: Canada, United States, Malaysia

Investor stats

  • Total investments: 74
  • Round size: Seed $250k–$2.3M; Angel $68k–$2M; Series A $1.1M–$7M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Torum — Convert your crypto to Ringgit and spend it at any DuitNow QR-enabled merchant with ease.
  • Coldblock — Coldblock delivers short-wave infrared sample digestion technology to prepare samples for analysis, accuracy, and safety. They offer services that include mining assays, environmental testing, food testing, metal assays, laboratory technology, and sample digestion.
  • fraction/al — Fan Ownership Platform that empower fans to own a piece of their favorite sports team.
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Siemens Aktiengesellschaft
VC Fund · Munich, Bayern, Germany · 1 investments in Canada Infrastructure startups, 6 in the past 12 months

Discover Siemens as a strong partner, technological pioneer and responsible employer.

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Investment focus

  • Industry: Renewable Energy, Energy, Software
  • Stage:Series A, Venture - Series Unknown, Debt Financing
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 50
  • Round size: Series A $3.7M–$150M; Debt Financing $80M–$559M; Venture - Series Unknown $2.1M–$105M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Hygenco — Hygenco develops and deploys scaled-up commercially attractive Green Hydrogen and Green Ammonia production assets.
  • PhysicsX — PhysicsX develops AI-powered engineering software that combines physics-based modeling, simulation, data management, and machine learning to support product development, manufacturing, and operational workflows. Its platform enables organizations to build, train, deploy, and manage AI models that work alongside numerical simulations, helpingengineers evaluate designs, optimize processes, and analyze complex physical systems. The company provides tools for simulation orchestration, AI model development, data integration, and engineering applications within a unified environment. PhysicsX serves industries such as aerospace, automotive, semiconductors, materials, and energy, where engineering teams use its software to support design exploration, performance analysis, and decision-making across the product lifecycle.
  • Emerald AI — Intelligence to transform energy-intensive AI data centers into AI-powered grid allies
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OMERS Ventures
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada Infrastructure startups

OMERS Ventures invests in early-stage fintech, vertical software, enterprise app and AI/infra founders. Learn more about our teams and portfolio.

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Investment focus

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

Investor stats

  • Total investments: 188
  • Round size: Seed $1.6M–$11M; Series A $6M–$29M; Series B $10M–$100M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: May invest from a new fund soon — raised $750M in 2020

Portfolio highlights

  • Dominion Dynamics — Building the autonomy stack for the Arctic, the harshest environment on Earth.
  • Daedal Systems — Daedal Systems delivers nuclear instrumentation, plasma diagnostics, and engineering services for fusion and small modular reactor projects.
  • Fonoa — Manage your sales tax, VAT, and GST obligations seamlessly through our API, globally. For internet businesses around the world, we make taxes simple, automated, borderless, and accessible via our API.
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MaRS Investment Accelerator Fund
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada Infrastructure startups, 7 in the past 12 months

Working with Ontario talent to develop World Class Companies Learn More

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Investment focus

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

Investor stats

  • Total investments: 177
  • Round size: Seed $375k–$4M; Pre-Seed $409k–$1.5M; Series A $2.3M–$14M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: May invest from a new fund soon — raised $8.5M in 2014

Portfolio highlights

  • thri5 — Thri5 develops software that connects retail data, people, and AI agents to coordinate operational actions.
  • SELL IT9 — Get top cash for your tech with SELLIT9, Canada's trusted trade-in service. Free same-day pickups, convenient drop-off locations, and pre-paid shipping labels nationwide. Fast, secure, and hassle-free!
  • Daedal Systems — Daedal Systems delivers nuclear instrumentation, plasma diagnostics, and engineering services for fusion and small modular reactor projects.
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Raven Indigenous Capital Partners
VC Fund · Vancouver, British Columbia, Canada · 1 investments in Canada Infrastructure startups

They’re Indigenous and we invest in Indigenous social enterprise. Their purpose is to facilitate the flow of capital through impact investing, and to support the ongoing revitalization of the Indigenous economy in Canada.As an Indigenous intermediary, they honor the Seven Sacred Teachings and they operate from the perspective of the Indigenousworld view. They follow traditional Indigenous protocols, they work for the well being of people and the planet, and they acknowledge their responsibility to the next seven generations.

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Investment focus

  • Industry: Information Technology, Software, Insurance
  • Stage:Seed, Series A
  • Geography: Canada

Investor stats

  • Total investments: 13
  • Lead/follow: no public data

Portfolio highlights

  • florrent — We're engineering the future of reliable electricity
  • AdvancedAG — AdvancedAG is a biotechnology research company that cultivates specialized bacteria to improve soil and crop health.
  • Artemis — Artemis monitors your data stack, finds issues, and automatically fixes them before they impact you.
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Bentley Systems
VC Fund · Exton, Pennsylvania, United States · 1 investments in Canada Infrastructure startups

Providing architects, engineers, constructors, and owner-operators with comprehensive architecture and engineering solutions for advancing infrastructure.

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Investment focus

  • Industry: Infrastructure, Asset Management, Productivity Tools
  • Stage:Series A
  • Geography: Canada

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.
  • Sewer AI — SewerAI develops the leading software for infrastructure defect detection and labeling. We deploy cost-effective AI solutions and Cloud software that find cracks in the wastewater system. Our SaaS systems are used by utilities and sewer inspection contractors every day.
  • Overstory — Overstory applies artificial intelligence to high-resolution satellite imagery to provide real-time analytics of natural resources. We help to prevent forest fires, deforestation, power outages and are on a mission to create a more sustainable environment. Our insights on the quantity and quality of natural resources help to improve decision-makingby electric utility companies, forestry companies and NGOs.
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Round13 Capital
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada Infrastructure startups

Founded in 2013, Round13 Capital is a leading venture and growth equity investment platform based in Toronto, Canada. The firm invests in high-potential companies across a range of sectors, with a focus on supporting their growth and development over the long term. Round13's team of experienced investors and operators bring a wealth ofexpertise and insight to every investment, helping portfolio companies to realize their full potential. With a commitment to building an enduring 100-year firm, Round13 is dedicated to creating long-term value for its investors and the companies it supports. For more information, please visit www.round13.com.

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Investment focus

  • Industry: Software, SaaS, Internet
  • Stage:Seed, Series A, Series B
  • Geography: Canada, United States, Puerto Rico

Investor stats

  • Total investments: 74
  • Lead/follow: no public data

Portfolio highlights

  • Mysa — Smart Thermostats for Central HVAC, Baseboard, Mini-Split & In-Floor
  • TITAN — Titan provides users with the best swap price by searching through Solana’s on-chain liquidity through trusted sources. It then deploys revolutionary routing algorithms based on cutting-edge mathematics to determine the best price a user can get when trading any token.
  • Rails — Experience unparalleled speed and efficiency with Rails, your go-to platform for lightning-fast crypto perpetuals trading.
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Playground Global
VC Fund · Palo Alto, California, United States · 1 investments in Canada Infrastructure startups

Playground Global is an early-stage venture capital firm backing technical and scientific founders with deep engineering expertise, a collaborative environment, and a first-hand understanding of the intricacies of deep tech. Established in 2015 and headquartered in Palo Alto, CA, Playground’s mission is to transform ambitious ideas into impactfulbusinesses that benefit humanity and the planet. We invest in areas that span across next gen compute automation, energy transition and engineered biology. Playground has been an early – and frequently first investor – in companies that include PsiQuantum, Relativity Space, Ultima Genomics, MosaicML (acq. by Databricks), d-Matrix, and Strand Therapeutics.

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Investment focus

  • Industry: Software, Robotics, Biotechnology
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada, Italy

Investor stats

  • Total investments: 128
  • Lead/follow: no public data

Portfolio highlights

  • Ayar Labs — Ayar Labs solves bandwidth and power bottlenecks by moving data using light. We built the world's first optical I/O chiplets.
  • Saltbox — Saltbox makes the hardest parts of running an ecommerce business simple. Explore our logistics and warehouse solutions growing eCommerce companies
  • Sizable energy — Sizable Energy addresses the critical need for secure, affordable, and sustainable energy storage. Sizable Energy patented technology and straightforward design extends pumped hydro deployment to any offshore location with a depth of at least a few hundred meters. By leveraging a novel, modular, and easily deployable method, we utilize thegravitational potential of a solution 20% heavier than seawater, like saturated sea salt brine, within seawater.
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Polygon
VC Fund · Mumbai, Maharashtra, 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, Grant, Series A
  • Geography: United States, Singapore, India

Investor stats

  • Total investments: 109
  • Round size: Seed $2M–$20M; Grant $5k–$300k; Series A $8.3M–$65M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Guild — Web3 platform for music collaboration and distribution
  • Folks Finance — Folks Finance is a permissionless DeFi lending platform where users can lend and borrow crypto across chains, access loans, and manage digital assets in one unified liquidity protocol.
  • Symbiotic — Connecting capital to onchain applications. Symbiotic provides infrastructure where capital backs obligations, stays productive between events, and is enforced by code.
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Rhapsody Venture Partners
VC Fund · Cambridge, Massachusetts, United States · 1 investments in Canada Infrastructure startups

Rhapsody Venture Partners specializes in bringing to market breakthrough science innovation in industrial sciences (non-life science). The firm was founded in 2012 and is headquartered in Cambridge, Massachusetts, United States.

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Investment focus

  • Industry: Biotechnology, Food and Beverage, Industrial Engineering
  • Stage:Seed, Series A
  • Geography: United States, Canada, Finland

Investor stats

  • Total investments: 50
  • Round size: Seed $1.5M–$12M; Series A $3.3M–$16M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: May invest from a new fund soon — raised $41M in 2020

Portfolio highlights

  • pH7 — Our sustainable extraction of critical metals drives the transition to green energy with advanced, zero-emission technologies.
  • SpinDrive — SpinDrive technology increases efficiency by at least 15%. We provide tailored active magnetic bearing (AMB) systems for OEM's with competitive price.
  • Nuclear Turbine — Delivering advanced nuclear generation for markets where the cost of electricity is a growth constraint.
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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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Atlantic Canada Opportunities Agency
VC Fund · Moncton, New Brunswick, Canada · 1 investments in Canada Infrastructure startups, 96 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: Manufacturing, Software, Health Care
  • Stage:Grant, Debt Financing, Seed
  • Geography: Canada, United States, France

Investor stats

  • Total investments: 242
  • Round size: Seed $25k–$2M; Grant $36k–$2M; Debt Financing $141k–$1.1M
  • Lead/follow: 84% lead, 16% follow

Portfolio highlights

  • QRA — QRA works with global organizations to automate the quality and consistency of engineering requirements. Their software tool QVscribe enables teams to identify risk, errors, and ambiguities before they manifest into late-stage rework, cost-overruns, and recalls.
  • Deep Cove Aqua Farms — Deep Cove Aqua Farms is a live lobster holding facility and seafood processing plant. The company acts as a wholesale business, seafood market, purchasing premium seafood directly from local fishermen, grading the catch by quality and size, and distributing it to domestic and international clients.
  • LED Roadway Lighting — Liveable Cities produces smart LED lighting manufactured in Canada. Intelligent LED street lighting systems are being used across Canada and throughout the world. Contact us to learn more about our smart street lighting and city sensor systems, available internationally.
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Morgan Creek Digital
VC Fund · Chapel Hill, North Carolina, United States · 1 investments in Canada Infrastructure startups

Morgan Creek Digital is a hedge fund backed by Morgan Creek Capital. Morgan Creek Digital specializes in the fields of digital asset management, financial services, and venture capital. It was founded in 2004 and headquartered in Chapel Hill, North Carolina.

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Investment focus

  • Industry: Blockchain, Financial Services, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, Brazil

Investor stats

  • Total investments: 47
  • Round size: Seed $3.2M–$14M; Series A $10M–$200M; Series B $7M–$155M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $80M in 2021

Portfolio highlights

  • Blitzy — You Describe It, We Build It
  • Oxmiq Labs — Licensable GPU IP and a unified runtime for the age of inference. OXMIQ Labs is re-architecting the GPU stack from atoms to agents.
  • Venice — Private & Unrestricted AI
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Sprout Fund LP
VC Fund · Edmonton, Alberta, Canada · 1 investments in Canada Infrastructure startups

Sprout Fund invests in seed- and early-stage companies with Series-A funding potential. The fund leverages the collective experience of its Managing and Limited Partners to mentor and fund high-potential technology companies. It was founded in 2018 and is headquartered in Edmonton, Alberta.

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Investment focus

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

Investor stats

  • Total investments: 16
  • Round size: Seed $956k–$2.4M; Pre-Seed $75k–$787k
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $14M in 2023

Portfolio highlights

  • Glowtify — Manage everything you need to grow in one place: strategy, planning, content creation, campaign execution & more with our AI Marketing OS.
  • Lightstrike AI — LightStrike AI presents a software-as-a-service platform that applies artificial intelligence to analyze enterprise software ecosystems. The platform maps application dependencies directly from source code, providing visibility into complex interconnections and hidden risks across systems. It identifies issues such as technical debt, deprecatedAPIs, and potential vulnerabilities while offering visualization tools and structured reporting to assist with risk assessment. LightStrike AI supports modernization planning by highlighting dependency chains and bottlenecks that can affect performance and scalability. Its approach helps organizations manage large-scale software environments more effectively by integrating AI-driven insights into governance and development workflows. The system is designed to improve decision-making for enterprises by turning complex codebases into clear, actionable information.
  • Rithmik Solutions — We increase uptime in mines with advanced analytics that optimize maintenance and extend equipment life.
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Ubisoft
VC Fund · Montreuil-sous-bois, Ile-de-France, France · 1 investments in Canada Infrastructure startups

Welcome to the official website for Ubisoft, creator of Assassin's Creed, Just Dance, Tom Clancy's video game series, Rayman, Far Cry, Watch Dogs and many others. Learn more about our breathtaking games here!

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Investment focus

  • Industry: Online Games, Video Games, Gaming
  • Stage:Seed, Series A, Pre-Seed
  • Geography: France, Canada, Israel

Investor stats

  • Total investments: 13
  • Lead/follow: no public data

Portfolio highlights

  • Gadsme — Pristine in-game global advertising platform designed for the gaming and e-sports industries
  • Cross The Ages — Cross The Ages is a universe in which fantasy and science fiction come together. The two worlds share the single continent of Artellium. To the west lies Arkhante, masters of magic and summoning. To the east, the city-continent Mantris is home to ultra-connected multicultural people whose technology has invaded everyday life.The young Malkha,surrounded by her seven Primus, reigns from the capital, Babylonia. To the west, the city-continent Mantris is home to Neurotechs, an ultra-connected multicultural people whose technology has invaded everyday life. The Amortals, humans who have transferred their minds to super-AIs, run the corporations for which the citizen-shareholders of Mantris work.
  • 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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Bentley iTwin Ventures
VC Fund · Exton, Pennsylvania, United States · 1 investments in Canada Infrastructure startups

The Bentley iTwin Ventures is a $100 million corporate venture capital fund that fosters innovation by co-investing in startups and emerging companies that are strategically relevant to Bentley Systems’ objective of advancing infrastructure through going digital. The fund prioritizes seed to series B investments in transformational digital twinsolutions supporting the design, simulation, construction, or physical infrastructure operations.

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Investment focus

  • Industry: Software, Infrastructure, SaaS
  • Stage:Seed, Series A
  • Geography: United States, Canada, Ireland

Investor stats

  • Total investments: 12
  • Lead/follow: no public data

Portfolio highlights

  • Flow Labs — Flow Labs is a technology company that provides ​software solutions for better traffic operations
  • Plotlogic — Combining cutting-edge sensors and AI, Plotlogic delivers clarity where it matters most.
  • Overstory — Overstory applies artificial intelligence to high-resolution satellite imagery to provide real-time analytics of natural resources. We help to prevent forest fires, deforestation, power outages and are on a mission to create a more sustainable environment. Our insights on the quantity and quality of natural resources help to improve decision-makingby electric utility companies, forestry companies and NGOs.
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Ripple Ventures
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada Infrastructure startups

Ripple Ventures is a venture fund that focuses on investing in pre-seed companies building B2B software across North America. The firm's goal is to support entrepreneurs who revolutionize competitive global industries by solving difficult problems with unique solutions.

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Investment focus

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

Investor stats

  • Total investments: 42
  • Lead/follow: no public data

Portfolio highlights

  • Hyper — Automating phone calls with voice AI for 311, 911, etc.
  • Page — Page, an AI-powered external relations platform that provides real-time insights to help enterprises navigate government policies, media, and regulations.
  • Scalestack — Scalestack AI brings all of your GTM data together, suggests prioritized actions and helps your reps to execute your sales plays. Unlock a new level of sales productivity and generate more pipeline.
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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: Blockchain, Gaming, Software
  • 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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Infrastructure VC funding in Canada at a glance

Stats across 156 deals from 231 investors.

231
investors
in Canada Infrastructure startups
156
deals
in Canada Infrastructure startups
$3.7M
median round
in Canada Infrastructure startups
48%
lead investors
lead at least one round
19%
Grant
most common funding stage

Access all 231 VC funds in Canada Infrastructure startups.

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