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Top 50 Life Science VC Funds & Investors in Canada (November 2026)

The most active venture capital funds investing in Canada Life Science startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Canada Life Science startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
FACIT
VC Fund
9 Canada, United States Seed, Venture - Series Unknown, Pre-Seed Biotechnology, Health Care, Medical Device $1.5M–$8M
StandUp Ventures
VC Fund
7 Canada, United States Seed, Series A, Pre-Seed Software, SaaS, Artificial Intelligence $317k–$14M
Amplitude Venture Capital
VC Fund
6 Canada, United States, Israel Series B, Series A, Seed Biotechnology, Health Care, Therapeutics $3.2M–$142M
Real Ventures
VC Fund
6 Canada, United States, Australia Seed, Series A, Series B Software, Artificial Intelligence, Machine Learning $592k–$47M
Anges Quebec
VC Fund
6 Canada, United States, Spain Seed, Venture - Series Unknown, Angel Software, Health Care, Artificial Intelligence $150k–$7.1M
Panache Ventures
VC Fund
6 Canada, United States, Israel Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $713k–$20M
Pallasite Ventures
VC Fund
5 Canada, United States Seed, Series A, Series B Software, Health Care, Biotechnology $750k–$115M
BDC Venture Capital
VC Fund
5 Canada, United States, United Kingdom Seed, Series A, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $182k–$35M
Toronto Innovation Acceleration Partners
VC Fund
5 Canada, United States Seed, Pre-Seed, Grant Health Care, Biotechnology, Software $13k–$8M
E-Fund
VC Fund
5 Canada, China, United States Seed, Pre-Seed, Venture - Series Unknown Health Care, Medical, Medical Device $279k–$43M
Golden Ventures
VC Fund
5 Canada, United States, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $1.5M–$49M
Fonds de solidarité FTQ
VC Fund
5 Canada, United States, United Kingdom Venture - Series Unknown, Series A, Series B Manufacturing, Biotechnology, Health Care $500k–$83M
MaRS Investment Accelerator Fund
VC Fund
4 Canada, United States Seed, Pre-Seed, Series A Software, Artificial Intelligence, Health Care $400k–$11M
Apjohn ventures
VC Fund
4 United States, Canada Series A, Series C Health Care, Biotechnology, Life Science $2.5M–$39M
Ontario Centre of Innovation
VC Fund
4 Canada, United States Seed, Pre-Seed, Grant Health Care, Software, Medical $7.3k–$3.2M
Radical Ventures
VC Fund
4 United States, Canada, United Kingdom Seed, Series A, Series B Artificial Intelligence, Software, Information Technology $2M–$200M
SOSV
VC Fund
4 United States, China, Canada Seed, Convertible Note, Pre-Seed Biotechnology, Health Care, Software $25k–$5M
GreenSky Ventures
VC Fund
3 Canada, United States, United Kingdom Seed, Venture - Series Unknown, Series A Software, Information Technology, Artificial Intelligence $708k–$12M
Sustainable Development Technology Canada
VC Fund
3 Canada, United States, Brazil Grant, Seed, Venture - Series Unknown Manufacturing, Energy, Renewable Energy $73k–$145M
iGan Partners
VC Fund
3 Canada, United States, Israel Seed, Series A, Venture - Series Unknown Health Care, Software, Medical $500k–$17M
Afore Capital
VC Fund
3 United States, Canada, India Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $500k–$25M
Ramen Ventures
VC Fund
3 Canada, United States Seed, Pre-Seed, Angel Software, Biotechnology, Health Care $120k–$3.2M
MEDTEQ+
VC Fund
3 Canada, United States Seed, Series A, Venture - Series Unknown Health Care, Medical Device, Biotechnology $1.5M–$20M
Inovia Capital
VC Fund
3 Canada, United States, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, FinTech $1M–$65M
BDC Capital’s Women in Technology Venture Fund
VC Fund
3 Canada Series A, Series B, Venture - Series Unknown Software, Artificial Intelligence, SaaS $2.6M–$200M
Lumira Ventures
VC Fund
3 United States, Canada Series A, Series B, Series C Biotechnology, Health Care, Medical $2.9M–$88M
Archangel Network of Funds
VC Fund
3 Canada, United States Seed, Pre-Seed, Venture - Series Unknown Health Care, Software, Medical Device $10k–$19M
Graphite Ventures
VC Fund
3 Canada, United States Seed, Series A, Pre-Seed Software, Health Care, Information Technology $729k–$31M
WUTIF
VC Fund
3 Canada Seed, Pre-Seed, Venture - Series Unknown Software, Health Care, Biotechnology $100k–$5.5M
OrganiGram
VC Fund
3 Canada, United States, Germany Convertible Note, Series B, Debt Financing Cannabis, Biotechnology, Medical $1M–$12M
Innovacorp
VC Fund
3 Canada, Australia, United States Seed, Grant, Pre-Seed Software, Information Technology, Health Care $18k–$3.1M
OurCrowd
VC Fund
2 Israel, United States, New Zealand Series B, Series A, Seed Software, Artificial Intelligence, Health Care $500k–$60M
Gradient
VC Fund
2 United States, The Netherlands, Germany Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $2.6M–$58M
Island Capital Partners
VC Fund
2 Canada, Ireland Seed, Pre-Seed Software, SaaS, Manufacturing $205k–$3M
Resolve Growth Partners
VC Fund
2 United States, Canada Series A, Venture - Series Unknown, Series B Software, SaaS, Enterprise Software $7M–$21M
Builders VC
VC Fund
2 United States, Canada, Mexico Seed, Series A, Series B Software, SaaS, Artificial Intelligence $1.8M–$40M
Bee Partners
VC Fund
2 United States, Canada, India Seed, Series A, Pre-Seed Software, Artificial Intelligence, E-Commerce $1.2M–$25M
BDC Healthcare Venture
VC Fund
2 Canada, United States Series A, Series B, Venture - Series Unknown Health Care, Biotechnology, Medical Device $4.2M–$68M
Breakwater Ventures
VC Fund
2 United States Seed, Venture - Series Unknown Financial Services, Credit, FinTech $1.2M–$9M
Accelerate Fund
VC Fund
2 Canada, United States Seed, Series A Software, Health Care, Medical $951k–$12M
Versant Ventures
VC Fund
2 United States, Switzerland, Canada Series A, Series B, Series C Biotechnology, Health Care, Medical $4.7M–$108M
Alexandria Venture Investments
VC Fund
2 United States, Canada, France Series A, Series B, Seed Biotechnology, Health Care, Therapeutics $2M–$150M
ScaleGood Fund LP (powered by TELUS)
VC Fund
2 Canada Seed, Pre-Seed Health Care, Wellness, Apps $37k–$8.7M
Coughdrop Capital
VC Fund
2 United States, Canada Seed, Pre-Seed, Series A Software, Artificial Intelligence, FinTech $25k–$42M
Charles River Laboratories International
VC Fund
2 United States, Canada, France Series A, Series B Biotechnology, Health Care, Life Science $12M–$103M
Amplify Capital
VC Fund
2 Canada, United States, India Seed, Series A, Pre-Seed Health Care, Artificial Intelligence, Education $1.2M–$28M
Yaletown Partners
VC Fund
2 Canada, United States, Belgium Series A, Series B, Seed Software, Enterprise Software, Information Technology $609k–$60M
Two Small Fish Ventures
VC Fund
2 Canada, United States Seed, Series A, Venture - Series Unknown Software, Artificial Intelligence, E-Commerce $2M–$25M
Groupe Roski
VC Fund
2 Canada, United States Seed, Series A Health Care, Biotechnology, Medical $1.5M–$20M
BoxOne Ventures
VC Fund
2 Canada, United States, United Kingdom Seed, Pre-Seed, Series A Biotechnology, Health Care, Software $281k–$115M
Access all 369 VC funds in Canada Life Science startups.

Access 48,091 investors

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

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Investor list

FACIT
VC Fund · Toronto, Ontario, Canada · 9 investments in Canada Life Science startups

We transform the most promising oncology innovations into highly competitive opportunities that benefit patients, researchers, investors, and Ontario's economy.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical Device
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Canada, United States

Investor stats

  • Total investments: 31
  • Round size: Seed $1.5M–$8M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Esphera SynBio — Creating modified exosomes that can be designed to have targeting moieties on their surface and a variety of protein or RNA payloads in their lumen.
  • Hyivy Health — Better care happens when the entire system is supported. Meet Hyivy's connected platform for pelvic care.
  • Radiant Biotherapeutics — Radiant Biotherapeutics: Transformative, multi-valent, multi-specific antibody platform: Multabody
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StandUp Ventures
VC Fund · Toronto, Ontario, Canada · 7 investments in Canada Life Science startups

StandUp Ventures is a venture capital firm investing in female-founded companies in the B2B software and digital health sector. The firm is led by a team of experienced investors who have assembled a diverse advisory committee. The advisory committee is comprised of successful founders, venture investors, and other strategic mentors who will provide high-touch support to the entrepreneurs. StandUp Ventures catalyzes strong deal flow across Canada from its network and syndicate seed rounds with Angels and US VCs.

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Investment focus

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

Investor stats

  • Total investments: 52
  • Round size: Seed $1.3M–$5M; Pre-Seed $317k–$2M; Series A $2.3M–$14M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — raised $16M in 2019

Portfolio highlights

  • Wygo — This is why you've gotta go outside.
  • GridBank — Enhance Your Social Media Engagement And Following With Stunning User-Generated Videos. Access A Wide Range Of Royalty-Free Stock Videos For Various Themes Including Travel, Productivity, Aesthetic Backgrounds, And More
  • Sprout Family — Sprout Family is a digital concierge service based in Canada, focusing on assisting individuals and families on their journey to build a family. The company offers a range of services tailored to personal family-building needs, including insurance and employee benefit funds. With a team of 10 employees, Sprout Family aims to provide comprehensivesupport and resources for Canadians looking to navigate the complexities of family planning and growth. The platform offers users the ability to access their Sprout benefits online, ensuring a seamless and supportive experience.
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Amplitude Venture Capital
VC Fund · Montréal, Quebec, Canada · 6 investments in Canada Life Science startups

Amplitude Ventures is a full-stack venture capital firm focused on investing in precision medicine at the intersection of biology. and AI

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Investment focus

  • Industry: Biotechnology, Health Care, Therapeutics
  • Stage:Series B, Series A, Seed
  • Geography: Canada, United States, Israel

Investor stats

  • Total investments: 37
  • Round size: Seed $7M–$18M; Series A $3.2M–$85M; Series B $35M–$142M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $193M in 2024

Portfolio highlights

  • Thryv Therapeutics — LQT Therapeutics is a biopharmaceutical company discovering and developing SGK1 inhibition therapies for Long QT Syndrome and various cardiovascular diseases and cancers.
  • Mediar Therapeutics — Mediar Therapeutics is a preclinical stage biotechnology company developing antibody-based therapeutics to halt fibrosis in a variety of organ systems, including lung, liver, kidney, and skin.
  • Congruence Therapeutics — ABOUT US We are a drug discovery company that is uniquely harnessing the power of protein dynamics, biophysics, machine learning and computational chemistry. Our Science Traditional drug design is limited At Congruence,
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Real Ventures
VC Fund · Montréal, Quebec, Canada · 6 investments in Canada Life Science startups

Real Ventures is an early-stage venture firm focused on serving daring entrepreneurs with the ambition to create successful, global companies. Since 2007, Real Ventures has dedicated itself to building the Canadian startup ecosystem on the belief that people, not money, build game-changing companies. Real Ventures provides stage-specific guidance, mentorship, and access to networks and resources to fast-track founders’ personal and company growth. Real Ventures manages $325 million across five funds and its active portfolio of 100+ companies is currently valued at $10 billion. www.realventures.com

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Investment focus

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

Investor stats

  • Total investments: 309
  • Round size: Seed $592k–$5M; Series A $3.7M–$24M; Series B $2.9M–$47M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — raised $140M in 2017

Portfolio highlights

  • Axya — Axya is a procurement execution platform for manufacturers. Use AI to run sourcing, purchase orders, and supplier follow-up alongside your ERP.
  • DropGenie — DropGenie is building connected hardware to automate gene editing. They are accelerating the pace of discovery through the generation of standardized and compatible scientific information.
  • Nord Quantique — Nord Quantique creates quantum processors based on second-generation technology.
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Anges Quebec
VC Fund · Quebec, Quebec, Canada · 6 investments in Canada Life Science startups, 9 in the past 12 months

Value-added investors for innovative entrepreneurs.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Seed, Venture - Series Unknown, Angel
  • Geography: Canada, United States, Spain

Investor stats

  • Total investments: 190
  • Round size: Seed $755k–$3.3M; Angel $150k–$1.3M; Venture - Series Unknown $915k–$7.1M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Scopia Surgical — Revolutionizing the operating room with our real-time artificial intelligence image processing technology. Scopia Surgical is a co-pilot for the human body, guiding surgeons with unprecedented accuracy and confidence.
  • Galaxia — GALAXIA Mission Systems designs and develops intelligent satellites and edge computation platforms for space.
  • Bia — Bia Education provides continuing education resources for healthcare professionals in rehabilitation fields. Their offerings include online self-paced and live courses, scientific memberships with access to webinars and publication summaries, and corporate training packages. The company also hosts networking events to connect students with employers. Bia Education aims to support professionals in staying current with clinical knowledge and enhancing their skills. Their platform is designed to be user-friendly and accessible for ongoing professional development.​
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Panache Ventures
VC Fund · Montreal, Quebec, Canada · 6 investments in Canada Life Science startups, 9 in the past 12 months

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: 161
  • Round size: Seed $912k–$6M; Pre-Seed $713k–$2.5M; Series A $6.3M–$20M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — raised $100M in 2022

Portfolio highlights

  • Biossil — Biossil is an applied AI drug discovery platform to create specialized treatments for distinct patients.
  • Nord Quantique — Nord Quantique creates quantum processors based on second-generation technology.
  • Daedal Systems — Daedal Systems delivers instrumentation integration and contract development services for the clean tech nuclear sector. The company focuses on fusion energy and small modular reactor projects that require specialized plasma and reactor diagnostics. Its teams design and integrate diagnostic suites that provide parametric, temporal, and spatial coverage of plasma behavior to support measurement and validation. Offerings include neutron-hardened instrumentation, temperature sensing, and coolant analysis tailored for next-generation nuclear systems. Daedal Systems supports reactor developers by acting as an outsourced partner for diagnostics architecture so customers can concentrate on core power plant systems. The company also provides neutronics modeling and engineering services for both fission and fusion hardware design.
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Pallasite Ventures
VC Fund · Chicago, Illinois, United States · 5 investments in Canada Life Science startups

Pallasite Ventures is an agile venture capital firm providing early-stage financing for high-growth companies across a variety of industries.

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Investment focus

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

Investor stats

  • Total investments: 38
  • Round size: Seed $750k–$5M; Series A $3.2M–$20M; Series B $14M–$115M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Ionomr — Ionomr designs & manufactures advanced ion-exchange polymers & membranes that enable high performance and efficiency in applications like water & wastewater treatment, hydrogen production and advanced energy storage.
  • Oncoustics AI — Oncoustics is creating and deploying advanced AI solutions for low cost, non-invasive surveillance, diagnostics, and treatment monitoring of diseases with high unmet clinical need. Unlike other players in the space, Oncoustics does not do image recognition. Instead, Oncoustics applies AI to raw ultrasound signals from readily available handheldultrasound devices to rapidly differentiate healthy versus diseased tissues. There's a wealth of information in these raw signals and this approach reveals novel biomarkers that can be aligned with existing standards and categorization systems. Initially targeting liver disease, a $30B global diagnostic market, Oncoustics has filed a Breakthrough Device Designation Request with the FDA for the OnX that detects liver fibrosis and the 510K is underway. Several follow-on liver products are in development. Oncoustics also has clinical data on other organ indications including prostate, kidney, breast and thyroid diseases and cancers.
  • Aspect Biosystems — Pioneering the development of bioprinted tissue therapeutics to transform how we treat some of the most elusive diseases.
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BDC Venture Capital
VC Fund · Calgary, Alberta, Canada · 5 investments in Canada Life Science startups

BDC Venture Capital is a major venture capital investor in Canada, active at every stage of the company's development cycle, from seed through expansion, with a focus on technology-based businesses that have high growth potential and that are positioned to become dominant players in their markets. The company helps create and develop strong Canadian businesses through financing, consulting services and securitization, with a focus on small and medium-sized enterprises. BDC Venture Capital has been involved in venture capital since 1975 and has to date invested in more than 400 companies involved in the areas of Life Sciences, Telecommunications, Information Technology and Advanced Technologies.

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Investment focus

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

Investor stats

  • Total investments: 628
  • Round size: Seed $182k–$4M; Series A $2.7M–$21M; Venture - Series Unknown $1.4M–$35M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $500M in 2022

Portfolio highlights

  • Optosecurity — PAX CHECKPOINT combines automated screening lanes with a screening software to create a fully integrated checkpoint solution.
  • TechInsights — TechInsights is a technology company that offers intellectual property consulting, patent brokerage services, and technical analysis.TechInsights offers IP advisory and consulting services; technical investigation and reverse engineering; market intelligence and device teardown and analysis; patent management software and tools; andmore.TechInsights is headquartered in San Francisco, California with additional offices in Ottawa, Canada; Austin, U.S.A.; Tokyo, Japan; Shanghai, China; Warsaw, Poland; Taipei, Taiwan; Seoul, Korea; and Tel Aviv, Israel.
  • Gemin X Pharmaceuticals — Own Geminx.com today. Secure checkout and guided transfer support. No hidden fees.
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Toronto Innovation Acceleration Partners
VC Fund · Toronto, Ontario, Canada · 5 investments in Canada Life Science startups

MaRS Innovation (MI) is a commercialization engine that integrates, centralizes and accelerates time to market of the discovery and intellectual property assets from its 15 world-class research institutions. MI’s discovery and innovation pipeline is derived from $1 billion in annual R&D funding. Created as a not-for-profit organization through the Government of Canada’s Center of Excellence for Commercialization and Research program (CECR), MI has raised $50 million from federal and provincial governments, member institutions and industry partners. MI’s vision is to transform the Toronto-based research enterprise into one of world’s most successful commercialization clusters. Through detailed, market facing due diligence, MI identifies opportunities from Canada’s largest academic cluster for further development and commercialization through project management, intellectual property management, investment and technology development. By crossing the innovation gap, MI transforms these opportunities into successful high-value licensing transactions and financeable start-up companies.

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Investment focus

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

Investor stats

  • Total investments: 87
  • Round size: Seed $74k–$8M; Grant $13k–$100k; Pre-Seed $25k–$525k
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • HDAX Therapeutics — HDAX Therapeutics is pioneering next-gen precision therapeutics for cardiovascular and neurological diseases by targeting their root causes to enhance patient outcomes.
  • Radiant Biotherapeutics — Radiant Biotherapeutics: Transformative, multi-valent, multi-specific antibody platform: Multabody
  • Grey Matter Neurosciences — Grey Matter Neurosciences is a neurotechnology firm developing new medical devices and drug-device combinations to treat age-related brain illnesses like dementia.
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E-Fund
VC Fund · Vancouver, Alberta, Canada · 5 investments in Canada Life Science startups

The E-Fund (VANTEC Entrepreneurs Fund VCC Inc.) was established in 2011 to invest in promising new ventures in British Columbia in a wide range of industry sectors. They are focused on co-investing with other angel investors and early-stage venture capital firms in seed-stage companies with high growth opportunities. The E-Fund involves specific investors in the investment due diligence process depending on their industry experience and knowledge and their particular technical expertise. It is their goal to become the ‘Go-to Braintrust’ for active and in-depth angel investing.

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Investment focus

  • Industry: Health Care, Medical, Medical Device
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Canada, China, United States

Investor stats

  • Total investments: 62
  • Round size: Seed $474k–$4.2M; Pre-Seed $279k–$1M; Venture - Series Unknown $913k–$43M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Qase — Qase helps law firms and legal referral organizations streamline referrals, automate intake and booking, and collect forwarding fees online.
  • ViewsML — ViewsML leverages artificial intelligence to enhance virtual diagnostics and precision medicine. The company focuses on transforming spatial biology and translational research by utilizing virtual biomarkers. Their technology aims to improve patient outcomes by providing deeper insights into healthcare diagnostics. ViewsML is involved in developingimmunohistochemistry technology to streamline the diagnostic process and support research objectives efficiently.
  • 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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Access 48,091 investors

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

Browse database — It's Free!
Golden Ventures
VC Fund · Toronto, Ontario, Canada · 5 investments in Canada Life Science 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: 207
  • Round size: Seed $1.5M–$7.5M; Series A $6.5M–$32M; Series B $10M–$49M
  • Lead/follow: 18% lead, 82% 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.
  • Smplify — Smplify provides device management infrastructure for security and IT platforms. Its API connects Apple, Google, Microsoft, and Linux device-management capabilities without requiring a separate agent. The platform supports Declarative Device Management and webhooks for event-driven workflows. It also provides multi-tenant organization management and role-based access control for platforms serving multiple enterprises.
  • Brodie Rec Leagues — Brodie Rec Leagues specializes in basketball tournaments, leagues, and training.
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Fonds de solidarité FTQ
VC Fund · Montreal, Quebec, Canada · 5 investments in Canada Life Science startups

Fonds de solidarité FTQ is a private equity and venture capital firm specializing in investments in start-ups, early venture, mergers, business acquisitions, management buyouts, market development project or a buyout, financing for new programs, organic growth and cash flow, growth and expansion financings, development capital, business succession, financial restructuring, business transition financing, family and non-family buyout, consolidations, turnaround, and leveraged management buyouts. It also invests in new markets, product and business line developments, market diversification, interim financings, new product marketing, additional working capital, purchase of tangible and intangible assets, equipment modernization, equipment purchases or upgrades, and integrator projects. The firm has regional funds that do not invest in retail, real estate, farming, biotechnology, and financial services. Fonds de solidarité FTQ invests in small and medium-sized businesses. It typically invests in export projects, forest products, productivity improvement, natural resources, aerospace, agri-food, wood, pulp and paper, chemicals, construction and construction materials, printing, transportation equipment and automobiles, transportation services, furniture and fixtures, combinatorial chemistry and other lead generating technologies, mining and exploration, social economy, textiles, plastics, life sciences, business services, telecommunications, distribution and consumer goods, environment, equipment and machinery, financial services, information and communication technology, metal products, recreational tourism, and culture sectors. Within the culture sector, Fonds de solidarité FTQ seeks to invest in pre-production and creative projects, production projects, infrastructures and services, post-production projects, distribution, and broadcasting and multiplatform broadcasting. Within the environment sector, it invests in waste management and energy conversion for residual waste; air treatment and reduction of greenhouse gas emissions; processes to reduce industrial energy and water consumption; water treatment; and soil rehabilitation and decontamination (metals and organic compounds). Within the life sciences sector, Fonds de solidarité FTQ focuses on services for the biopharmaceutical industry; nutraceuticals and cosmeceuticals; diagnostics and medical supplies and equipment; biopharmaceuticals and generic drugs; biotechnology, and animal health. Within the tourism sector, it focuses on urban tourism, nature tourism, resort type tourism, and local tourism for Quebecers, and in the textiles sector it invests in companies engaged in development and production of specialty textiles as well as development of industrial applications for the construction, transportation, health and safety, and work apparel industries. Fonds de solidarité FTQ prefers to invest in Quebec and in companies impacting the Québec economy. It focuses on investing in the following regions- Abitibi –Témiscamingue, Bas Saint Laurent, Chaudière-Appalaches, Côte-Nord, Estrie, Gaspésie Îles-de-la-Madeleine, Lanaudière, Laurentides, Laval, Mauricie - Centre-du-Québec, Montérégie, Nord-du-Québec, Outaouais, and Saguenay-Lac-St-Jean. Fonds de solidarité FTQ seeks to invest in projects of $3 million or more and also provides loans of up to $ 2 million. It invests in companies in business succession sector having minimum capitalization of $500,000 and EBITDA of over $35.5 million in case of majority interest; equipment and machinery sector with average investment in excess of $3 million; environment sector with funding needs of more than $500000; financial services sector having net assets between $20 million and $50 million in equity; metal products sector having annual sales of over $5 million and financing needs of at least $2 million; and printing sector having investment needs of over $1 million. In the information technology sector, Fonds de solidarité FTQ seeks to invest $2 million as initial investments while total investments can be more than $10 million. It invests in the form of equity financing (common or preferred shares) and unsecured debt requiring no collateral (debenture). Fonds de solidarité FTQ can take both a minority interest including an equity stake of up to 49 percent as well a majority interest in its portfolio companies in case of business succession financing. It seeks a minority stake for the portfolio companies in the equipment and machinery sector. It typically holds its investments for a period of five to ten years in case of equity financing and for more than ten years in case of business succession financing. Fonds de solidarité FTQ began operation on June 23, 1983. It has its headquarters in Montreal in Canada with additional offices in the same city and Quebec in the same country.

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Investment focus

  • Industry: Manufacturing, Biotechnology, Health Care
  • Stage:Venture - Series Unknown, Series A, Series B
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 295
  • Round size: Series A $3.3M–$50M; Series B $7.5M–$83M; Venture - Series Unknown $500k–$45M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • Namakor Holdings — We combine strategic investment and in-house operational expertise to untap the true potential of your industrial manufacturing businessNamakor Holdings is a private equity firm investing in mid-market manufacturing companies, driving growth, innovation, and global expansion.
  • KERIDIS BioÉnergie — KERIDIS BioÉnergie is engaged in the development of anaerobic digestation plants to produce renewable natural gas.
  • Les Chantiers de Chibougamau ltée — Nordic Structures is the leading innovator in engineered wood products and mass timber construction. Its resource comes from responsibly managed lands within the regional boreal forest. Vertical integration, from forest to structure, bolstered by Nordic’s experienced design and development team, ensures consistent quality and unparalleled level ofservice.
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MaRS Investment Accelerator Fund
VC Fund · Toronto, Ontario, Canada · 4 investments in Canada Life Science startups, 8 in the past 12 months

Working with Ontario talent to develop World Class Companies Learn More

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Investment focus

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

Investor stats

  • Total investments: 199
  • Round size: Seed $400k–$4M; Pre-Seed $409k–$1.5M; Series A $2.3M–$11M
  • Lead/follow: 17% lead, 83% 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 through a System of Actions. The platform monitors sales, margin, inventory, availability, and other operational data to identify exceptions and opportunities. It prioritizes signals, assigns ownership, coordinates workflows across retail teams, and supports execution through copilots and automation. The system also provides traceability and measures outcomes such as sales, margin, and inventory accuracy.
  • Sprout Family — Sprout Family is a digital concierge service based in Canada, focusing on assisting individuals and families on their journey to build a family. The company offers a range of services tailored to personal family-building needs, including insurance and employee benefit funds. With a team of 10 employees, Sprout Family aims to provide comprehensivesupport and resources for Canadians looking to navigate the complexities of family planning and growth. The platform offers users the ability to access their Sprout benefits online, ensuring a seamless and supportive experience.
  • Daedal Systems — Daedal Systems delivers instrumentation integration and contract development services for the clean tech nuclear sector. The company focuses on fusion energy and small modular reactor projects that require specialized plasma and reactor diagnostics. Its teams design and integrate diagnostic suites that provide parametric, temporal, and spatial coverage of plasma behavior to support measurement and validation. Offerings include neutron-hardened instrumentation, temperature sensing, and coolant analysis tailored for next-generation nuclear systems. Daedal Systems supports reactor developers by acting as an outsourced partner for diagnostics architecture so customers can concentrate on core power plant systems. The company also provides neutronics modeling and engineering services for both fission and fusion hardware design.
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Apjohn ventures
VC Fund · Kalamazoo, Michigan, United States · 4 investments in Canada Life Science startups

Apjohn Ventures Fund is a new venture capital firm based in Kalamazoo, Michigan established to invest primarily in early stage life sciences companies across the Midwest. The goal of the Fund is to provide investors with superior financial returns by making equity investments in innovative life sciences companies with sustainable and outstandinggrowth potential.

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Investment focus

  • Industry: Health Care, Biotechnology, Life Science
  • Stage:Series A, Series C
  • Geography: United States, Canada

Investor stats

  • Total investments: 15
  • Round size: Series A $2.5M–$39M; Series C $3M–$34M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Tetra Discovery — Tetra Discovery Partners provides consulting services in drug discovery and development. They partner with Universities to commercialize intellectual property and conduct proprietary research on diseases affecting the central nervous system.Their research focuses on developing new treatments for depression and schizophrenia. Severe forms ofdepression affect 2–5% of the US population, while mood disorders impact 7% of the world’s population and rank among the top ten causes of disability.
  • Tetra Therapeutics — Tetra Therapeutics is a clinical stage biotechnology company developing a portfolio of therapeutic products that will bring clarity of thought to people suffering from Fragile X syndrome, Alzheimer's disease, traumatic brain injury, and other brain disorders.
  • Sierra Oncology — Sierra Oncology is late-stage clinical drug development biopharmaceutical company on a mission to deliver targeted therapies that treat rare forms of cancer.
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Ontario Centre of Innovation
VC Fund · Toronto, Ontario, Canada · 4 investments in Canada Life Science startups, 14 in the past 12 months

Ontario Centre of Innovation provides a preeminent research-to-commercialization vehicle in Ontario

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Investment focus

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

Investor stats

  • Total investments: 53
  • Round size: Seed $366k–$3.2M; Grant $7.3k–$110k; Pre-Seed $151k–$2.5M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Synmedix — Synmedix's mission is to provide new therapies that avoid the pitfalls of the past by avoiding resistance, addressing clinical gaps, and delivering solid economics in an equitable manner. It is a biotechnology company. For inquiries, email, telephone numbers, and physical addresses are available on their website.
  • mDETECT Inc — mDETECT Inc. is a third-generation liquid biopsy company aimed at improving the clinical management of solid tumour cancers. Our blood tests provide a rapid assessment of cancer progression and response to therapy. Home https://static.wixstatic.com/media/a41d6b_4f3b85e3670a4bc2bb97fad03b256715%7Emv2.jpg mdetect
  • blair health — Blair Health operates a virtual healthcare platform for women in midlife, beginning with menopause care. The platform provides online assessments, personalized treatment plans, video consultations with licensed healthcare providers, and follow-up support. Its programs also address urology and pelvic health, nutrition, healthy aging, and related midlife concerns. Users can track symptoms, access educational resources, communicate with providers, and participate in a community forum. Blair Health also offers employer plans that provide employees with assessments, consultations, health tracking, educational materials, and ongoing support.
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Radical Ventures
VC Fund · Toronto, Ontario, Canada · 4 investments in Canada Life Science startups, 24 in the past 12 months

Radical Ventures is an early-stage venture capital firm investing in entrepreneurs applying deep technology to transform massive industries. With a primary focus on artificial intelligence, Radical Ventures partners with entrepreneurs with global ambition to build enduring companies.

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Investment focus

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

Investor stats

  • Total investments: 138
  • Round size: Seed $2M–$27M; Series A $7M–$83M; Series B $30M–$200M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely actively investing — fresh fund, raised $250M in 2026

Portfolio highlights

  • Emerald AI — Emerald AI turns AI data centers into flexible grid assets, unlocking power capacity for AI while protecting grid reliability and energy affordability.
  • Mantic — Mantic is a world-class technical team on a mission to solve the next AI grand challenge: predicting global events with superhuman accuracy, and deploying this capability to power radically improved decision-making in business and government.
  • Crusoe — Crusoe provides next-gen AI infrastructure and cloud compute using an energy-first approach. Deploy AI workloads at scale with reliable performance and 24/7 support.
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SOSV
VC Fund · Princeton, New Jersey, United States · 4 investments in Canada Life Science startups

SOSV offers pre-seed capital and follow-on financial support to startups focusing on deep technology and scientific innovation. Founders utilize purpose-built laboratory facilities and engineering spaces to accelerate product development and testing. The firm facilitates connections between entrepreneurs and a network of investors through structured matchmaking events and technology summits.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: United States, China, Canada

Investor stats

  • Total investments: 3821
  • Round size: Seed $125k–$5M; Pre-Seed $25k–$1.5M; Convertible Note $50k–$3.6M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $306M in 2023

Portfolio highlights

  • Halla — Halla Intelligence is a digital solution that leverages over 100 billion shopper and product data points to recommend and promote what grocery items.
  • Verdex Technologies — Verdex Technologies is an advanced materials platform technology that uses nanofibers to disrupt industries. Verdex doesn't just compete, it innovates and disrupts.
  • Samphire Neuroscience — Samphire Neuroscience builds clinically validated neurotechnology to support women across their lives. Our wearable devices, Nettle™ and Lutea™, are built on the same underlying brain-stimulation technology, targeting neural pathways involved in pain, mood, stress, and sleep regulation. - Lutea™ is available globally as a wellness device. Itstimulates the same regions of the brain to support stress regulation, sleep, and recovery - key drivers of readiness and long-term performance - allowing athletes and teams to move beyond wellbeing education alone to practical, evidence-based intervention. - Nettle™ is a CE-marked (EU and UK regulated), drug- and hormone-free device that has been clinically shown to improve pain, mood, functionality, and the ability to train during the menstrual cycle, with measurable benefits after one month of use - supporting athletes to maintain training intensity and movement quality during their period. - The Samphire App is the platform controlling all Samphire hardware products with the use of CycleSync™ AI technology: the only one of its kind to support personalized neurotechnology use for women.
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GreenSky Ventures
VC Fund · Toronto, Ontario, Canada · 3 investments in Canada Life Science startups

GreenSky Ventures is a Toronto-based firm that makes investments in early-stage Canadian technology companies. GreenSky Ventures seeks early-stage B2B technology companies in Canada, emphasizing protectable IP and experienced management. It makes investments in early-stage technology companies through its affiliated venture capital funds, GreenSky Accelerator Fund I, II and III. Their principals bring a unique combination of experience in technology, law, and finance to high-growth potential companies and dedicated entrepreneurs. GreenSky Capital was founded in Toronto, Ontario in 2010 by Geoff Simonett and Michael T. R. List.

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Investment focus

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

Investor stats

  • Total investments: 67
  • Round size: Seed $708k–$3.3M; Series A $1.1M–$4.5M; Venture - Series Unknown $709k–$12M
  • Lead/follow: 70% lead, 30% follow
  • Last fund: Likely still investing — raised $117k in 2024

Portfolio highlights

  • GridBank — Enhance Your Social Media Engagement And Following With Stunning User-Generated Videos. Access A Wide Range Of Royalty-Free Stock Videos For Various Themes Including Travel, Productivity, Aesthetic Backgrounds, And More
  • Trolley — Trolley is the best payouts platform for businesses needing to pay creators, musicians, artists, freelancers, or on-demand workers.
  • Bot Food — Bot Food develops RaLHF, a context-management application for AI users. The software collects information from connected apps and files, keeps it current, and organizes it in a personal library. It operates as a local MCP server and provides selected context to authorized AI applications such as ChatGPT and Claude. The application is available for Mac and Windows, with optional premium features for synchronization, sharing, and backup.
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Sustainable Development Technology Canada
VC Fund · Ottawa, Ontario, Canada · 3 investments in Canada Life Science startups

At Sustainable Development Technology Canada (SDTC), they fund Canadian cleantech projects and coach the companies that lead them as they move their ground-breaking technologies to market. SDTC’s support of cleantech translates into jobs, growth, and export opportunities for Canadian companies, as well as economic, environmental and health benefits for all Canadians. They are independent but don’t work alone. A big part of their role is building and sustaining networks of partners and stakeholders from private industry, academia and governments, at home and abroad. They operate at arm’s length and receive funding from the Government of Canada.

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Investment focus

  • Industry: Manufacturing, Energy, Renewable Energy
  • Stage:Grant, Seed, Venture - Series Unknown
  • Geography: Canada, United States, Brazil

Investor stats

  • Total investments: 282
  • Round size: Seed $73k–$2.5M; Grant $830k–$7M; Venture - Series Unknown $2.5M–$145M
  • Lead/follow: 74% lead, 26% follow

Portfolio highlights

  • Niricson — Niricson develops an AI-based predictive analytics SaaS platform for infrastructure asset management. Its AUTOSPEX platform and DRONIC provide asset managers and civil engineers critical insights and multi-defect layer visualization for the current condition of their assets.
  • Solaires Entreprises Inc — Solaires Entreprises Inc is a Canadian cleantech company located in Victoria, BC, that consists of a team of 23 scientists, engineers, and business professionals. Solaires is focused on developing the next generation of solar cells by replacing silicon with perovskite through an innovative and sustainable manufacturing process resulting inaffordable solar photovoltaics with higher energy conversion efficiency.
  • Progressive Planet Solutions — Progressive Planet Solutions Inc is a metal/mineral based company that deals with the exploration & development of zeolite minerals.
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iGan Partners
VC Fund · Toronto, Ontario, Canada · 3 investments in Canada Life Science startups

iGan Partners is one of Canada's largest healthcare-focused venture capital firms, investing across North America. We provide capital and expertise to scale innovative healthcare solutions.

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Investment focus

  • Industry: Health Care, Software, Medical
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Canada, United States, Israel

Investor stats

  • Total investments: 50
  • Round size: Seed $500k–$5.2M; Series A $3.9M–$17M; Venture - Series Unknown $10M–$14M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — raised $250M in 2022

Portfolio highlights

  • Docsi — DOCSI provides preference card optimization, surgeon engagement and supply chain cost reduction through novel digital solutions.
  • Exact Imaging — Exact Imaging is the developer of the ExactVu™ system, the first micro-ultrasound operating at 29 MHz that provides unmatched resolution. The system enables visualization and targeting of suspicious regions, in addition to performing systematic TRUS biopsies for prostate cancer imaging.
  • Adenocyte — Adenocyte. Early detection and prevention of pancreatic cancer.
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Afore Capital
VC Fund · San Francisco, California, United States · 3 investments in Canada Life Science startups, 17 in the past 12 months

Afore Capital backs product-centric founders at the pre-seed stage exclusively. The investment team brings 16 years of founding product experience (Android and Twitter) and 7 years of institutional investing experience (Founder Collective and Foundation Capital). Their sweet spot is the ~$1M pre-seed round, where they can lead the round as aninstitutional investor alongside high value angels.

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Investment focus

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

Investor stats

  • Total investments: 268
  • Round size: Seed $2.1M–$10M; Pre-Seed $500k–$3M; Series A $7M–$25M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely actively investing — fresh fund, raised $185M in 2025

Portfolio highlights

  • CivilGrid — CivilGrid centralizes utility, environmental, geotechnical, and other site data in a SaaS platform where your teams can collaboratively scope and plan projects.
  • Hypercubic — Hypercubic is agentic AI for mainframe modernization, helping enterprises and governments preserve institutional knowledge and modernize COBOL.
  • Baselayer — The AI Platform for B2B Risk. Fastest growing fintech in 2025
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Ramen Ventures
VC Fund · Toronto, Ontario, Canada · 3 investments in Canada Life Science startups

We angel invest in founders who will improve the lives of millions. Based in Toronto, Canada.

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Investment focus

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

Investor stats

  • Total investments: 24
  • Round size: Seed $600k–$3.2M; Angel $500k–$600k; Pre-Seed $120k–$1.5M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2018

Portfolio highlights

  • ALT TEX — ALT TEX is creating sustainable textiles regenerated from post-industrial waste.
  • Spare — Spare is your all-in-one mobility operations platform, designed to provide an end-to-end platform ecosystem for operating modern paratransit and microtransit systems.
  • Mayday — Time is your most valuable asset. Make sure you're spending it wisely.
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MEDTEQ+
VC Fund · Montreal, Quebec, Canada · 3 investments in Canada Life Science startups

MEDTEQ+ is a non-profit organization for industrial research and innovation in medical technology. The organization accelerates the development of innovative technological solutions to improve patients’ health and quality of life by mobilizing Canadian talents. They bringing together the key players in healthcare and innovation allows them andtheir partners, to offer Canadians access to novel solutions.MEDTEQ’s mission is, through collaborative, industry-led projects, to accelerate innovation and position, on a global scale, products and services developed by the Canadian medical technologies industry.

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Investment focus

  • Industry: Health Care, Medical Device, Biotechnology
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Canada, United States

Investor stats

  • Total investments: 36
  • Round size: Seed $1.5M–$4M; Series A $3M–$20M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: May invest from a new fund soon — raised $11M in 2018

Portfolio highlights

  • AI4Eyes — AI4Eyes offers an end-to-end AI software & data collection platform for fast, precise, and consistent ocular diagnostics, enabling clinicians to detect and improve eye health.
  • NURA Medical — Discover NurEx's medication safety software and its novel weight estimation technology, designed for healthcare professionals. Experience easy-to-use pediatric dosing, accurate weight measurement, and streamlined formulary management to enhance patient safety and reduce medication errors. Book a demo today.
  • Swiftsure Innovations — Swiftsure Innovations provides registered nurses with the tools required to improve patient outcomes.It develops a medical device that enhances oral care for patients on life support with the aim of decreasing the incidence of ventilator-acquired pneumonia, length of mechanical ventilation, and length of hospital stay.Creative Destruction Labssupports the company.
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Inovia Capital
VC Fund · Montreal, Quebec, Canada · 3 investments in Canada Life Science 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: 427
  • 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 — Modem gives your whole team one living record of what customers said, what you're building, and what shipped. Connect any agent, or use ours.
  • Cohere — Cohere builds powerful models and AI solutions enabling enterprises to automate processes, empower employees, and turn fragmented data into actionable insights.
  • Wealthsimple — Being better than a bank means more of everything. Spend, trade and invest with Wealthsimple.
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BDC Capital’s Women in Technology Venture Fund
VC Fund · Montréal, Quebec, Canada · 3 investments in Canada Life Science startups

BDC Capital Women in Technology (WIT) Fund is one of the world’s largest venture capital funds

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: Canada

Investor stats

  • Total investments: 35
  • Round size: Series A $2.9M–$83M; Series B $13M–$200M; Venture - Series Unknown $2.6M–$42M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Waabi — Waabi operates as a self-driving technology start-up. Waabi is bringing the promise of self-driving closer to commercialization than ever before.
  • Swift Medical — Get advanced wound care powered by AI with Swift. 32M+ calibrated images enable 35% faster healing, 79% faster assessments, and 15% fewer hospitalizations.
  • Eigen Innovations — Eigen combines imaging and AI to detect issues traditional vision systems miss, revolutionizing quality inspection.
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Lumira Ventures
VC Fund · Toronto, Ontario, Canada · 3 investments in Canada Life Science startups, 6 in the past 12 months

Lumira Ventures, a later stage VC, partners & invests in best-in-class innovative biotherapeutic & medtech entrepreneurs building transformative companies.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series A, Series B, Series C
  • Geography: United States, Canada

Investor stats

  • Total investments: 126
  • Round size: Series A $2.9M–$85M; Series B $12M–$75M; Series C $16M–$88M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Altis Labs — Altis Labs is the computational imaging company advancing precision medicine. We believe that medical imaging is the richest source of untapped information. Life sciences companies use our software platform, Nota, to accelerate all stages of clinical development. Trained on over 140 million longitudinal real-world images with associated clinicalinformation, our deep learning models predict clinically meaningful outcomes to quantify treatment effect more accurately.
  • Contraline — Contraline is a medical device company that has developed a proprietary injectable hydrogel platform for use in reproductive and contraceptive applications. Contraline's first product, Adam, is implanted into the vas deferens through a minimally invasive, outpatient procedure and once implanted, the gel effectively blocks sperm. Adam isnon-hormonal, designed to last years, and easily reversible.
  • Cour Pharmaceuticals Development — Reprogramming the immune system. Restoring lives.At COUR, we are developing targeted therapies that re-establish calm within the immune system and help rest ...
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Archangel Network of Funds
VC Fund · Kitchener, Ontario, Canada · 3 investments in Canada Life Science startups

Archangel is the overarching early stage investment fund based in Waterloo Region, the North Silicon Valley of North America.

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Investment focus

  • Industry: Health Care, Software, Medical Device
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Canada, United States

Investor stats

  • Total investments: 69
  • Round size: Seed $10k–$3.8M; Pre-Seed $700k–$1.6M; Venture - Series Unknown $1.6M–$19M
  • Lead/follow: 6% lead, 94% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2021

Portfolio highlights

  • myStoria — Backed by fertility doctors. Built by patients, for patients. Track symptoms, manage diagnoses, get advice, and start moving forward.
  • Streamforge — Streamforge helps companies find the most relevant creators for their games and products using the most sophisticated platform and technology on the market.
  • TimeSmart.AI — Streamline your healthcare contracts and timesheet management system with TimeSmart.AI. Optimize contract lifecycles and stay compliant with the best tool for hospitals and healthcare organizations.
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Graphite Ventures
VC Fund · Toronto, Ontario, Canada · 3 investments in Canada Life Science startups, 8 in the past 12 months

Canada's trusted venture partner for B2B founders. With decades of operator experience, we help founders build capital-efficient companies that scale.

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Investment focus

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

Investor stats

  • Total investments: 36
  • Round size: Seed $1.1M–$4.7M; Pre-Seed $729k–$6M; Series A $7.3M–$31M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $92M in 2023

Portfolio highlights

  • Patabid — PataBid offers cloud-based MEP estimating software with AI-driven takeoff, real-time supplier pricing, and public tender aggregation tools.
  • InsideDesk — Reduce AR days, boost collections, and streamline billing operations with InsideDesk's centralized revenue cycle management platform.
  • TimeSmart.AI — Streamline your healthcare contracts and timesheet management system with TimeSmart.AI. Optimize contract lifecycles and stay compliant with the best tool for hospitals and healthcare organizations.
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WUTIF
VC Fund · Vancouver, British Columbia, Canada · 3 investments in Canada Life Science 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 — ViewsML leverages artificial intelligence to enhance virtual diagnostics and precision medicine. The company focuses on transforming spatial biology and translational research by utilizing virtual biomarkers. Their technology aims to improve patient outcomes by providing deeper insights into healthcare diagnostics. ViewsML is involved in developingimmunohistochemistry technology to streamline the diagnostic process and support research objectives efficiently.
  • 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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OrganiGram
VC Fund · Moncton, Ontario, Canada · 3 investments in Canada Life Science startups

Organigram is a global cannabis company committed to innovation, quality, and sustainability. Explore our brands, insights, and industry-leading cultivation and manufacturing practices.

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Investment focus

  • Industry: Cannabis, Biotechnology, Medical
  • Stage:Convertible Note, Series B, Debt Financing
  • Geography: Canada, United States, Germany

Investor stats

  • Total investments: 12
  • Round size: Convertible Note $1M–$12M
  • Lead/follow: 92% lead, 8% follow

Portfolio highlights

  • Sanity Group — Sanity Group is a holistic European Cannabis company focusing on health, wellbeing, and scientific research. To utilize the full potential of its health benefits, Sanity Group is investing in fundamental research of the cannabis plant and its active ingredients as well as in specific areas of application.It was founded in 2018 and headquarteredin Berlin, Germany.
  • Phylos — Revolutionary cannabis seed varieties with outstanding traits that have been bred to grow uniformly like clones.
  • Open Book Extracts — Premium wholesale cannabinoid supplier offering CBD, CBN, CBG, CBC, and THCV isolates. Water-soluble formulations for beverages. Custom formulation services. GMP-certified, research-backed cannabinoids.
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Innovacorp
VC Fund · Halifax, Nova Scotia, Canada · 3 investments in Canada Life Science 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, Information Technology, Health Care
  • Stage:Seed, Grant, Pre-Seed
  • Geography: Canada, Australia, United States

Investor stats

  • Total investments: 155
  • Round size: Seed $50k–$3.1M; Grant $25k–$91k; Pre-Seed $18k–$878k
  • Lead/follow: 34% lead, 66% follow
  • Last fund: May invest from a new fund soon — raised $40M in 2016

Portfolio highlights

  • Bright Breaks — Bright offer on-site and virtual amenities for companies and employees. whether your team is on-site, working from home, or in between.
  • Planetary — Planetary restores the chemistry of seawater so it can do what it has always done: support life and protect the planet.
  • CarbonCure Technologies — CarbonCure Technologies creates, develops, and licenses solutions that consume waste CO2 to make better concrete. It spurs the market shift towards affordable green concrete, by enabling concrete manufacturers to convert waste CO2 into solid minerals, locked away as a solid within concrete during manufacturing. It is a green building technologycompany currently serving concrete product manufacturers in the US and Canada. It offers concrete producers the ability to manufacture green concrete products without compromising on either quality or price.CarbonCure is a retrofit innovation that repurposes CO2 gas from large final emitters as a feedstock in concrete plants. The gas is permanently converted into embedded solid mineral carbonates that yield material, environmental, and production advantages. By enabling concrete manufacturers to consume CO2 into concrete products during manufacturing, the technology differentiates an otherwise traditional commodity concrete product, while achieving superior material performance characteristics. In addition to technology, CarbonCure provides demand-pull marketing and environmental reporting/certification services to reinforce its customers’ exclusive competitive positioning. The technology is licensed at a very low-CAPEX to concrete producers, generating a recurring revenue stream.CarbonCure Technologies was founded in 2007 and is headquartered in Halifax, Nova Scotia.
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OurCrowd
VC Fund · Jerusalem, Yerushalayim, Israel · 2 investments in Canada Life Science startups, 7 in the past 12 months

Invest in exclusive and pre-vetted startups, late-stage companies, and top tier funds - private market access made simple, transparent, and institutional-grade.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Series B, Series A, Seed
  • Geography: Israel, United States, New Zealand

Investor stats

  • Total investments: 409
  • Round size: Seed $500k–$8M; Series A $2.5M–$22M; Series B $5.5M–$60M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: Likely actively investing — fresh fund, raised $230k in 2026

Portfolio highlights

  • N.Light — N.Light is a Metaverse 3D design software that allows individuals to effortlessly turn their ideas into reality.
  • BloomX — Helping nature do its magic with the power of technology
  • Hemispheric — Hemispheric develops fundamental AI technologies aimed at deciphering brain activity for innovative applications.
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Gradient
VC Fund · Mountain View, California, United States · 2 investments in Canada Life Science startups, 40 in the past 12 months

Gradient is the seed fund designed for founders in AI.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, The Netherlands, Germany

Investor stats

  • Total investments: 396
  • Round size: Seed $2.6M–$10M; Series A $8.2M–$28M; Series B $22M–$58M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely actively investing — fresh fund, raised $220M in 2026

Portfolio highlights

  • Sava — Sava offers an AI-powered platform that automates trust setup, funding, and administration.
  • Pathfinder AI — Pathfinder AI provides psychometric assessments, career counseling, and admission guidance to help students explore and plan their futures.
  • Collective — Collective offers financial solutions designed for self-employed business owners - company formation, tax, accounting & bookkeeping.
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Island Capital Partners
VC Fund · 2 investments in Canada Life Science 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 — The platform trusted by the world's leading video libraries to license, prepare, and deliver bespoke video datasets to frontier AI labs.
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Resolve Growth Partners
VC Fund · Baltimore, Maryland, United States · 2 investments in Canada Life Science startups

Enabling passionate, committed SaaS entrepreneurs to accelerate growth.

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Investment focus

  • Industry: Software, SaaS, Enterprise Software
  • Stage:Series A, Venture - Series Unknown, Series B
  • Geography: United States, Canada

Investor stats

  • Total investments: 20
  • Round size: Series A $7.5M–$21M; Series B $17M–$21M; Venture - Series Unknown $7M–$12M
  • Lead/follow: 80% lead, 20% follow
  • Last fund: Likely still investing — raised $106M in 2024

Portfolio highlights

  • ACTO — ACTO is an omnichannel education platform for life sciences companies. ACTO is an AI-powered SaaS platform built for life sciences that uses mobile experiences and agency partnerships to give learners all the tools they need in one intuitive cross-platform app, and give leaders powerful admin tools with engagement data in one command center.
  • AppWork — We are on a mission to modernize multifamily maintenance by giving you the data you need to make informed business decisions.
  • Cecilian Partners — Best-in-Class Proptech Solutions: Real estate management, mapping, and development software to support property developers, home builders & realtors.
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Builders VC
VC Fund · San Francisco, California, United States · 2 investments in Canada Life Science startups, 10 in the past 12 months

Builders VC is an early-stage venture capital firm focused on investing where technology meets new business models to modernize antiquated industries including healthcare, agriculture, industrials and real-estate.

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Investment focus

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

Investor stats

  • Total investments: 115
  • Round size: Seed $1.8M–$20M; Series A $6M–$21M; Series B $8M–$40M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $250M in 2022

Portfolio highlights

  • SweetAg — SweetAg provides a cloud-based software platform for agricultural lenders, offering digital loan origination, servicing, and capital markets tools. The platform supports farm loan applications, AI-powered document and data collection, and bank-specific product matching based on eligibility criteria. It includes white-labeled borrower portals forloan management, renewals, and credit requests, as well as loan trading and syndication capabilities for financial institutions. Landjourney emphasizes regulatory compliance by incorporating automated reporting and controls aligned with frameworks such as Section 1071 and other financial regulations. Its products are used by banks, non-bank lenders, retailers, and investors focused on agricultural finance.
  • Warhound — Warhound is a defense technology company that develops genetically optimized and cybernetically equipped working dogs for military, law enforcement, and emergency response applications.
  • Astromech — Astromech develops artificial intelligence applications for biotechnology research and development. The company focuses on creating AI platforms that support genetic engineering and synthetic biology initiatives. Its work combines operational expertise in biotechnology ventures with scientific knowledge in genetics, enabling the development ofAI-driven tools for research environments. It operates in a confidential manner, concentrating on technology development without publicly disclosing specific products or applications. Leadership integrates experience in managing complex research projects with advanced scientific insight to guide the company's growth and AI platform development. The company maintains a corporate structure that supports institutional investment while continuing its focus on AI and biotechnology innovation.
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Bee Partners
VC Fund · San Francisco, California, United States · 2 investments in Canada Life Science startups

Bee Partners, a preSeed venture capital fund, partners with Founders with the smarts, grit, and humanity to create tomorrow's machines. We invest in three vectors: Human Machine Interaction, Machine-to-Machine Learning, and Biological Machines.

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Investment focus

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

Investor stats

  • Total investments: 140
  • Round size: Seed $1.2M–$5.7M; Pre-Seed $1.3M–$3.1M; Series A $4.6M–$25M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $50M in 2023

Portfolio highlights

  • Orita — Orita combines advanced AI with easy-to-use tools to help brands maximize the value of their current customer lists. Optimize campaigns and flows across Email, SMS, and Direct Mail.
  • Drafter — Drafter carries design intent into production. The AI manufacturing engineer that reads your drawings, checks them against real manufacturing rules, and helps hardware teams go to manufacturing faster.
  • C-Infinity — Pioneering AI for mechanical design and manufacturing. Our product, AutoAssembler, provides breakthrough assembly intelligence for complex physical systems.
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BDC Healthcare Venture
VC Fund · Montréal, Quebec, Canada · 2 investments in Canada Life Science startups

BDC Healthcare Venture is a venture capital firm specializes in healthcare investments. The firm prefers to invest in the innovative therapeutics, medical technology, health technology, prevention, diagnostics, personalized treatment, mobile technologies and services, robotics, automation and disease management sectors.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical Device
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: Canada, United States

Investor stats

  • Total investments: 19
  • Round size: Series A $4.2M–$68M; Series B $4.7M–$30M; Venture - Series Unknown $23M–$60M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — raised $278M in 2011

Portfolio highlights

  • MEISSNER — Meissner leverages artificial intelligence to discover and develop next-generation superconducting materials.
  • Repare Therapeutics — Repare Therapeutics is a clinical-stage precision oncology company enabled by its proprietary synthetic lethality approach to developing novel medicines.
  • PHEMI — The PHEMI Trustworthy Health DataLab is a unique, cloud-based, integrated big data management system that allows healthcare organizations to enhance innovation and generate value from healthcare data by simplifying the ingestion and de-identification of data with NSA/military-grade governance, privacy, and security built-in.Conventionalproducts simply lock down data, PHEMI goes further, solving privacy and security challenges and addressing the urgent need to secure, govern, curate, and control access to privacy-sensitive personal healthcare information (PHI). This improves data sharing and collaboration inside and outside of an enterprise—without compromising the privacy of sensitive information or increasing administrative burden.Built on privacy-by-design principles, the software gives researchers, scientists, and clinicians faster access to more information while ensuring that they only see data on a need-to-know basis. Responsible data sharing and a governance framework facilitate compliance with privacy regulations.PHEMI Trustworthy Health DataLab can scale to any size of organization, is easy to deploy and manage, connects to hundreds of data sources, and integrates with popular data science and business analysis tools.For more information, visit https://www.phemi.com/ and follow us on Twitter @PHEMISystems, Linkedin, Youtube, and Facebook
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Breakwater Ventures
VC Fund · Seattle, Washington, United States · 2 investments in Canada Life Science startups

Pre-seed investment fund focused on the PNW, Western Canada, and beyond.

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Investment focus

  • Industry: Financial Services, Credit, FinTech
  • Stage:Seed, Venture - Series Unknown
  • Geography: United States

Investor stats

  • Total investments: 9
  • Round size: Seed $1.2M–$9M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Gone — Gone is a goods redistribution platform that offers free pickup of gently used household products.
  • Scispot — Connect your research, inventory, & sample data. Automate your workflows with a no-code toolkit. Track & manage your projects. Collaborate & document with your team & partners. All in one spot. Go beyond old-school ELN and LIMS systems.
  • Confido Legal — Confido Legal provides a credit/debit card and ACH payment processing platform specifically designed for law firms and legal technology companies. The platform offers features such as automated payment plans, payment pages for firm websites, and integration with financial management tools like QuickBooks Online. Confido Legal aims to enhancefinancial flexibility for law firms, ensuring they never have to turn away clients due to payment issues.
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Accelerate Fund
VC Fund · Calgary, Alberta, Canada · 2 investments in Canada Life Science startups

Accelerate Fund supports the growth of early-stage Alberta technology companies with a multi million dollar fund that combines co-investment from angel investors.

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Investment focus

  • Industry: Software, Health Care, Medical
  • Stage:Seed, Series A
  • Geography: Canada, United States

Investor stats

  • Total investments: 59
  • Round size: Seed $1M–$6.6M; Series A $951k–$12M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2020

Portfolio highlights

  • Dryrun — From lightening fast data imports and automated forecasts, through to unmatched control to model out scenarios, Dryrun is the choice for CFOs managing cash flow for multi-million dollar businesses. Dryrun integrates with Sage Intacct, QuickBooks Online, Xero and Pipedrive.
  • Fairly Staffing — On demand shift filling platform for dental offices and dental professionals.
  • Chroma Technologies — Chroma Technologies provides financial technology and property solutions to enhance the rental experiences.
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Versant Ventures
VC Fund · Menlo Park, California, United States · 2 investments in Canada Life Science startups

Versant partners with exceptional entrepreneurs to build and fund breakthrough biotechnology companies around the globe.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series A, Series B, Series C
  • Geography: United States, Switzerland, Canada

Investor stats

  • Total investments: 287
  • Round size: Series A $4.7M–$84M; Series B $10M–$105M; Series C $12M–$108M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Graphite Bio — Graphite Bio is a next-generation gene editing company focused on therapies that harness targeted gene integration to treat or cure serious diseases
  • Lycia Therapeutics — Lycia Therapeutics is a biotechnology company that focuses on developing technology that utilizes lysosome-targeting chimeras. The company was founded by Carolyn R. Bertozzi in 2019 and is based in San Diego, California, USA.
  • Nested Therapeutics — Nested Therapeutics is a Cambridge-based VC-backed stealth biotech company. The company's focus is on finding and creating new precision oncology small-molecule drugs targeted toward cancer genes. Nested Therapeutics was established in 2021 in Cambridge, Massachusetts.
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Alexandria Venture Investments
VC Fund · Pasadena, California, United States · 2 investments in Canada Life Science startups

Alexandria Venture Investments is a venture capital firm that develops work in real estate technology, and healthcare sectors. The company's strategic venture capital platform is Alexandria Venture Investments. Since its inception in 1996, the company has invested in disruptive life science, agrifood tech, and technology companies that aredeveloping transformative new modalities and platforms to meaningfully improve human health.

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Investment focus

  • Industry: Biotechnology, Health Care, Therapeutics
  • Stage:Series A, Series B, Seed
  • Geography: United States, Canada, France

Investor stats

  • Total investments: 262
  • Round size: Seed $2M–$31M; Series A $12M–$101M; Series B $25M–$150M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • miRecule — MiRecule is an early-stage biotechnology company that focuses on developing microRNA-based therapeutics. It features a genomic-based drug development platform that integrates genomic sequencing, expression, and prognostic data from cancer patients. The company was founded in 2016 and headquartered in Gaithersburg, United States.
  • Deep Genomics — Revolutions in AI, biology and automation are enabling a new approach to medicine. Deep Genomics is at the forefront.
  • CREATE Medicines — Myeloid Therapeutics is an immunology company focused on combining immunologic insights with cutting-edge technologies to harness myeloid cells to eradicate cancer and other diseases. The Company's ATAKTM platform technology can be broadly applied, and it is initially advancing a cell therapy program for T cell lymphoma and a primed monocyteapproach to treat glioblastoma. The ATAK platform is scalable to multiple treatment modalities and other disease areas in collaboration with partners.
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ScaleGood Fund LP (powered by TELUS)
VC Fund · Edmonton, Alberta, Canada · 2 investments in Canada Life Science startups

Scale Good Fund is a Social Impact Venture Capital VC fund that invests in companies who have the promise of a strong financial return coupled with measurable social impact goals.

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Investment focus

  • Industry: Health Care, Wellness, Apps
  • Stage:Seed, Pre-Seed
  • Geography: Canada

Investor stats

  • Total investments: 10
  • Round size: Seed $1.1M–$8.7M; Pre-Seed $37k–$1.5M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • NiaHealth — Get advanced at-home biomarker testing, proactive healthspan diagnostics, and expert guidance to elevate your health. HSA-eligible.
  • Ultimarii —
  • PulseMedica — PulseMedica is developing a medical device to treat eye diseases that affect over 500 million people worldwide. Our device consists of a state-of-the-art 3D imaging and surgical platform that allows for comprehensive patient treatment.
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Coughdrop Capital
VC Fund · San Francisco, California, United States · 2 investments in Canada Life Science startups

Purveyors of warm vibes and cold cash since 2015.

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Investment focus

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

Investor stats

  • Total investments: 66
  • Round size: Seed $25k–$9M; Pre-Seed $125k–$3.2M; Series A $6.6M–$42M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — raised $650k in 2019

Portfolio highlights

  • Kaaj AI — AI agents that turn messy borrower packages into decision-ready credit analysis.
  • Ergo — Ergo turns conversations into automatic follow-ups, CRM updates, coaching, and forecasting. Reps spend less time on admin work, deals stop slipping.
  • Falconer — Falconer is an AI-powered company brain that keeps your engineering documentation accurate, searchable, and up to date by syncing with GitHub, Slack, Linear, and the rest of your stack.
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Charles River Laboratories International
VC Fund · Wilmington, Massachusetts, United States · 2 investments in Canada Life Science startups

Charles River provides products and services to help expedite the discovery, early-stage development and safe manufacture of novel drugs and therapeutics.

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Investment focus

  • Industry: Biotechnology, Health Care, Life Science
  • Stage:Series A, Series B
  • Geography: United States, Canada, France

Investor stats

  • Total investments: 14
  • Round size: Series A $20M–$31M; Series B $12M–$103M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Deciphex — Deciphex - Transforming Digital Pathology - we are focussed on the development of applications for clinical and veterinary pathology that improve productivity
  • Ability biologics — Ability develops innovative, targeted, immune modulating biotherapeutics to address unmet medical needs in patients with cancer and autoimmune diseases.
  • Vernal Biosciences — Vernal Biosciences is an mRNA manufacturing company that provides high purity mRNA, from concept to clinical trials, on a transactional basis.
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Amplify Capital
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada Life Science startups

Invest in transformational technologies that can achieve large scale solutions globally.

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Investment focus

  • Industry: Health Care, Artificial Intelligence, Education
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Canada, United States, India

Investor stats

  • Total investments: 45
  • Round size: Seed $1.2M–$5M; Pre-Seed $1.2M–$2.5M; Series A $7.6M–$28M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • CURA — CURA removes cement's process emissions upstream with electrochemical technology. Deep decarbonization without replacing feedstocks, plants, or standards.
  • Fex Energy — FeX Energy is a pre-commercial startup focused on developing renewable energy storage solutions.
  • ThinkLabs AI — Physics-informed AI agents delivering continuous automation for grid planning and operations.
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Yaletown Partners
VC Fund · Vancouver, British Columbia, Canada · 2 investments in Canada Life Science startups

Yaletown Partners specializes in investing in software, data, and device technologies. It invests in technology companies that improve industry and enterprise productivity and sustainability, to help accelerate their growth, shorten exit timeframes, and accomplish strong exit premiums. With offices in Vancouver, Calgary, Montréal, and a growing presence in Toronto, Yaletown is led by a national team that contributes almost 100 years of technology-industry experience and a network of extensive industry relationships.

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Investment focus

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

Investor stats

  • Total investments: 95
  • Round size: Seed $609k–$5.2M; Series A $3.1M–$16M; Series B $2.1M–$60M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely actively investing — fresh fund, raised $100M in 2025

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.
  • Oloid — Frictionless and secure passwordless authentication for frontline workers enabling modern cybersecurity and identity and access management for deskless workers and shared devices.
  • Nanoprecise Sci Corp — Predictive Maintenance, Automated Ai Based Predictive Maintenance, Machine Doctor, Wireless Industrial Iot Sensors, Artificial Intelligence in Maintenance, Scaling Iot Solutions
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Two Small Fish Ventures
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada Life Science startups

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Investment focus

  • Industry: Software, Artificial Intelligence, E-Commerce
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Canada, United States

Investor stats

  • Total investments: 47
  • Round size: Seed $2M–$12M; Series A $5.2M–$25M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $30M in 2024

Portfolio highlights

  • Haply — Haply is a robotics company that provides haptic devices, prototyping, firmware, and virtual learning assistance.
  • YScope — YScope is a software development company that provides log management and troubleshooting tools for automated failure prediction.
  • Qubic Technologies — Qubic Technologies is a manufacturer of quantum microwave transmitters and receivers for remote sensing and communication.
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Groupe Roski
VC Fund · Montréal, Quebec, Canada · 2 investments in Canada Life Science startups

Groupe Roski is a private investment company that has been involved in venture capital since 2013 with companies that improve the quality of life and the environment for individuals.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Seed, Series A
  • Geography: Canada, United States

Investor stats

  • Total investments: 14
  • Round size: Seed $1.5M–$3.9M; Series A $14M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Spiderwort — Spiderwort is an innovator in all-natural, plant-based biomaterials that have the potential to repair spinal cord injuries and promote healing.
  • Groupe Evex — Groupe Evex deals with the commercial real estate projects.
  • Marmax — Marmax deals with residential and commercial construction, renovation and roofing.
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BoxOne Ventures
VC Fund · Montréal, Quebec, Canada · 2 investments in Canada Life Science startups

BoxOne Ventures is a privately held investment firm that focuses on early-stage companies across the most impactful, interesting and fast-changing sectors.

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Investment focus

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

Investor stats

  • Total investments: 69
  • Round size: Seed $1.3M–$9.5M; Pre-Seed $281k–$2M; Series A $744k–$115M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Dispersa — Harnessing the power of microbe-derived natural solutions to decarbonize the chemicals industry.
  • Opalia — Opalia is introducing a new era of dairy: functional, delicious, and sustainable dairy made from mammary cells.
  • Thred — The AI-native power dialer reps make their own. Intelligent anti-spam, personalized AI texts and voicemail drops, rep-designed workflows, and ICP-filtered website leads.
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Life Science VC funding in Canada at a glance

Stats across 313 deals from 369 investors.

369
investors
in Canada Life Science startups
313
deals
in Canada Life Science startups
$2.5M
median round
in Canada Life Science startups
42%
lead investors
lead at least one round
28%
Seed
most common funding stage

Access all 369 VC funds in Canada Life Science startups.

Open List

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