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Top 50 Manufacturing Startup Investors in Canada in May 2026

A list of 50 angel investors and VC (Venture Capital) funds that invest in Manufacturing startups based in Canada. We rank investors based on the number of investments they made in Manufacturing companies from Canada. We update this investor list every month.

Top 50 Manufacturing Startup Investors in Canada in May 2026

Investor Manufacturing Canada investments
District Ventures Capital 30
BDC Venture Capital 23
Fondaction 22
Fonds de solidarité FTQ 18
Atlantic Canada Opportunities Agency 17
Real Ventures 14
Government of Canada 14
WUTIF 13
Business Development Bank of Canada 12
Inovia Capital 11
GreenSky Ventures 10
Export Development Canada 10
Anges Quebec 9
Sustainable Development Technology Canada 8
Cycle Capital 8
Desjardins Venture Capital 7
Yaletown Partners 7
Angel One Network 6
Ecofuel Fund 6
Government Of Quebec 6
Innovacorp 6
MaRS Investment Accelerator Fund 6
Business Development Bank of Canada 6
SOSV 6
EnerTech Capital 5
SaskWorks Venture Fund 5
Sherbrooke Innopole 5
BDC Capital Cleantech Practice 5
Amplify Capital 5
Active Impact Investments 5
E-Fund 5
VA Angels 5
Capital Angel Network 5
Ontario Centres of Excellence 4
FedDev 4
Momenta 4
Radical Ventures 4
Natural Gas Innovation Fund 4
The 51 Ventures 4
Economic Development of Canada 4
BDC Capital’s Climate Tech Fund 4
Shell Ventures 4
Concrete Ventures 4
BDC Capital Corporation 4
Pallasite Ventures 4
Fulmer Capital Partners 4
Startup TNT 4
Innovate Calgary 4
VentureLink LP 3
Pangaea Ventures 3

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District Ventures Capital
VC Fund · Calgary, Alberta, Canada · 2 investments in the past 12 months

Venture capital funding for Canadian entrepreneurs. District Ventures Capital is led by Arlene Dickinson and invests in innovative food & health sector companies.

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Investment focus

  • Food and Beverage, Manufacturing, Retail
  • Pre-Seed, Funding Round, Seed
  • Canada, United States

Portfolio highlights

  • Gainful — Personalized Protein Powder, Delivered to your Doorstep
  • Fody Food — Fody Foods Co. offers healthy, low FODMAP food products and recipes that are big on taste, and low in FODMAPs. Live and eat free of IBS symptoms!
  • Three Farmers — Three Farmers believes everyone should have wholesome food to eat, an understanding of where it comes from and how it's made. We are a family business with Three Farmers and Two Sisters at the heart, committed to preserving he land through sustainable farming practices, providing nourishing food grown on family farms.
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BDC Venture Capital
VC Fund · Calgary, Alberta, Canada

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

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Investment focus

  • Software, Information Technology, Artificial Intelligence
  • Series A, Funding Round, Seed
  • Canada, United States, Japan

Portfolio highlights

  • Haply — Haply is a robotics company that provides haptic devices, prototyping, firmware, and virtual learning assistance.
  • JetScale AI — JetScale AI is a Montreal-based startup specializing in AI-driven cloud infrastructure optimization. It uses agentic AI to detect inefficiencies, provide remediation plans, and generate compliant Infrastructure-as-Code for cost savings and sustainability.
  • Cognota — Cognota is the first and only operations platform for learning and development teams. Our platform enables L&D teams to streamline training request management, improve project and capacity planning, rapidly design content and collaborate more effectively with SMEs. Clients across all industries are leveraging Cognota to improve theirproductivity by eliminating the need for multiple tools to manage learning operations.Looking to thrive in the L&D industry? Join the vibrant LearnOps® Community, a hub where L&D professionals gain insights, engage in thought-provoking discussions, access curated resources, and stay ahead of industry trends. Unlock the power of collective wisdom and experience in the #LearnOpsCommunityJoin for free at LearnOps.com
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Fondaction
VC Fund · Clarke City, Quebec, Canada

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

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Investment focus

  • Manufacturing, Information Technology, Software
  • Private Equity, Funding Round, Debt Financing
  • Canada, United States, France

Portfolio highlights

  • Carbicrete — CarbiCrete is a carbon removal technology company that enables the production of cement-free, decarbonized concrete.
  • JetScale AI — JetScale AI is a Montreal-based startup specializing in AI-driven cloud infrastructure optimization. It uses agentic AI to detect inefficiencies, provide remediation plans, and generate compliant Infrastructure-as-Code for cost savings and sustainability.
  • Strato Automation — Real World. Real Data. Real Controls. Delivering Real Building Automation in Less Time.
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Fonds de solidarité FTQ
VC Fund · Montréal, Quebec, Canada

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

  • Manufacturing, Biotechnology, Software
  • Funding Round, Series B, Series A
  • Canada, United States, Israel

Portfolio highlights

  • JLR, — JLR, Inc. engages in property knowledge and innovative technology based on integration and distribution of property data. JLR collects, compiles, structures and disseminates the various real estate transactions in Quebec.
  • Rail GD — Rail GD Inc. is a mechanical and refurbishing workshop of tourist trains, Colorado Railcar, passenger cars, freight cars and locomotives. Design, engineering and integration.
  • Airex Energy — Airex Energy provides solutions for a sustainable future. Helping reduce greenhouse gas emissions and remove carbon from the atmosphere.
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Atlantic Canada Opportunities Agency
VC Fund · Moncton, New Brunswick, Canada

The Atlantic Canada Opportunities Agency works to create opportunities for economic growth in Atlantic Canada by helping businesses become more competitive, innovative and productive, by working with diverse communities to develop and diversify local economies, and by championing the strengths of Atlantic Canada. Together, with Atlantic Canadians,we are building a stronger economy.

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Investment focus

  • Software, Manufacturing, Information Technology
  • Grant, Debt Financing, Seed
  • Canada, United States, France

Portfolio highlights

  • ReelData AI — ReelData AI provides artificially intelligent monitoring for finned fish aquaculture. It delivers weight distributions, feeding analysis, health analysis, and growth analysis
  • CE3 Electronics — CE3 Electronics is a contract manufacturer that specializes in printed circuit board assembly, cable, and wire harness.
  • Soccer Nova Scotia — Clubs Coaches Referees View All News Upcoming Events See All Events Inspiring Young Players, Building Stronger Communities Soccer Nova Scotia empowers youth across the province with inclusive, skill-building programs that foster teamwork, confidence, and a lifelong love of the game. Find Your Local
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Real Ventures
VC Fund · Montréal, Quebec, Canada

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

  • Software, Artificial Intelligence, Machine Learning
  • Seed, Series A, Series B
  • Canada, United States, United Kingdom

Portfolio highlights

  • Eli — At-home hormone testing from Eli Health: track cortisol, progesterone, and testosterone with saliva tests that deliver lab-grade results in 20 minutes.
  • Fletch — Fletch - the cybersecurity answer engine. Get ahead and stay ahead of cyber threats.
  • BenchSci — BenchSci is the world leader in AI-Assisted Reagent Selection and Experiment Design. Our preclinical R&D SaaS platform uses machine learning to help pharmaceutical companies increase their research velocity.
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Government of Canada
VC Fund · Gatineau, Quebec, Canada

The Government of Canada is making it easier for Canadians to find and access government information and services online through its central website, Canada.ca. The website is the single entry point for all government information and services available online and is accessible using any device with an Internet connection, including tablets ormobile phones. Its portal shows how government works, its priorities, laws, finances, transparency, digital government, and policies.

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Investment focus

  • Manufacturing, Health Care, Biotechnology
  • Grant, Debt Financing, Funding Round
  • Canada, United States, Germany

Portfolio highlights

  • Tech Spark AI — Tech Spark is Canada's first edtech company committed to culturally relevant and equitable tech education for Black and students of colour, girls, and teachers.
  • Exxel Polymers — Exxel Polymers takes post-industrial and post-consumer plastic waste from various sources and processes it using granulation, shredding, and extrusion. The company sells recycled materials through an established distribution network.
  • The Alignment Project — The Alignment Project is dedicated to accelerating progress in AI alignment research. TAP aim is to promote the development of advanced AI systems that are safe, reliable, and beneficial to society.
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WUTIF
VC Fund · Vancouver, British Columbia, Canada

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

  • Software, Health Care, Biotechnology
  • Seed, Pre-Seed, Series A
  • Canada

Portfolio highlights

  • Levr.ai — Levr.ai powers business loan brokers and lenders with application automation that increases conversion, saves time and provides an amazing experience.
  • ViewsML — Explore cutting-edge AI solutions for cancer treatment, diagnosis, and research. Discover how clinical labs leverage artificial intelligence for precise cancer detection and diagnosis.
  • Polar Beer Taps — Polar Beer Taps Permafrost V3 system is leading the way in the future of portable beverage serving. They can provide reliable, high-quality commercial draft systems to any location, which elevates any event.
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Business Development Bank of Canada
VC Fund · Montréal, Quebec, Canada

We are BDC, the bank for Canadian entrepreneurs. We support small and medium-sized businesses in all industries and at every stage of growth with money and advice. We are the Business Development Bank of Canada.

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Investment focus

  • Software, Information Technology, Manufacturing
  • Funding Round, Seed, Series A
  • Canada, United States, Argentina

Portfolio highlights

  • Dozr — Construction equipment rentals available near you. From compact track loader to aerial work platform rentals, research prices and reserve heavy equipment rentals online.
  • Effenco — Effenco designs, manufactures and markets technologies for the electrification and connectivity of heavy-duty vocational trucks.
  • Spring Loaded Technology — Breakthrough spring technology has delivered the world's first and only knee brace that can reduce pressure across the entire joint and power the legs.
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Inovia Capital
VC Fund · Montréal, Quebec, Canada

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

  • Software, Artificial Intelligence, SaaS
  • Seed, Series A, Series B
  • Canada, United States, United Kingdom

Portfolio highlights

  • Handhold — Handhold is an AI platform that creates multimodal agents to automate the sales and onboarding process for inbound leads.
  • Finaeo — Finaeo is powering the future of life and health insurance with our all-in-one platform. Our digital marketplace connects carriers, brokers and clients through a fully-integrated experience.
  • Super.com — Through rich rewards and everyday savings, Super helps you access more of what you want at better prices, escape overspending, and level up life.
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GreenSky Ventures
VC Fund · Toronto, Ontario, Canada

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

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Investment focus

  • Software, Information Technology, Health Care
  • Seed, Funding Round, Series A
  • Canada, United States, United Kingdom

Portfolio highlights

  • Assetflo — Assetflo provides mobile IoT solutions for tracking the precise location from tracking applications.
  • Botni.Vision — Botni.Vision is an intelligence company, enabling human and artificial learning.
  • Trolley — Trolley is the best payouts platform for businesses needing to pay creators, musicians, artists, freelancers, or on-demand workers.
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Export Development Canada
VC Fund · Ottawa, Ontario, Canada · 4 investments in the past 12 months

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

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Investment focus

  • Software, Manufacturing, Renewable Energy
  • Funding Round, Series B, Series A
  • Canada, United States, United Kingdom

Portfolio highlights

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

Value-added investors for innovative entrepreneurs.

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Investment focus

  • Software, Health Care, Artificial Intelligence
  • Seed, Funding Round, Angel
  • Canada, Spain, United States

Portfolio highlights

  • Zilia — Zilia's non-invasive assessment of biomarkers in the eye redefines the way we prevent, diagnose, and treat various diseases.
  • Gray Oncology Solutions — Gray Oncology Solution is a healthcare enterprise software company that commercializes GrayOS, the operating system for oncology.
  • Paperplane Therapeutics — Harnessing the transformative power of immersive virtual reality to reduce pain perception during medical procedures.
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Sustainable Development Technology Canada
VC Fund · Ottawa, Ontario, Canada

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

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Investment focus

  • Manufacturing, Energy, Software
  • Grant, Seed, Funding Round
  • Canada, United States, Brazil

Portfolio highlights

  • Niricson — Niricson Software has developed a proprietary damage assessment software platform paired with a patent-pending drone-based data collection technology that helps infrastructure owners inspect their structures (e.g. hydro dams) in a way that is more accurate, five times faster, and 50% more cost-effective. Niricson is differentiated by its ability toautomatically detect and quantify not only surface damage, but also subsurface damage.
  • Solaires Entreprises Inc — Solaires Entreprises Inc is a Canadian cleantech company located in Victoria, BC, that consists of a team of 23 scientists, engineers, and business professionals. Solaires is focused on developing the next generation of solar cells by replacing silicon with perovskite through an innovative and sustainable manufacturing process resulting inaffordable solar photovoltaics with higher energy conversion efficiency.
  • Progressive Planet Solutions — Progressive Planet Solutions Inc is a metal/mineral based company that deals with the exploration & development of zeolite minerals.
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Cycle Capital
VC Fund · Montréal, Quebec, Canada

Cycle Capital is a pioneer in Canadian Cleantech venture capital fund management investing in companies at the development and commercialization stages in North America. Founded in 2009 by Andrée-Lise Méthot, Founder and Managing Partner, Cycle Capital’s Platform has become an important venture capital investor of the Cleantech industry with its 3funds totaling $230M Assets Under Management (AUM). Cycle Capital is looking to invests in promising ventures that are not capital intensive and/or that can benefit from the leverage brought by Cycle Capital extensive network of investors, strategic partners and advisors.In addition to its core investments, Cycle Capital targets companies with high growth potential – especially those with strong intellectual property, leading edge technologies and with exceptional management talent that would benefit from the firm’s network of strategic industrial partners and expert advisors. With its core investment and business expertise, Cycle Capital plays an active role adding meaningful and tangible value to its portfolio companies at all stages of their life.

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Investment focus

  • Manufacturing, Energy, Electronics
  • Funding Round, Series B, Seed
  • Canada, United States, Germany

Portfolio highlights

  • Thymox Technology — A powerful, non-toxic botanical disinfectant that kills 99.9% of bacteria, fungi and molds as well as COVID-19. Thymox is safe for you and your family.
  • YWire technologies — Based in Montreal, YWire Technologies designs, manufactures and sells lighting control devices for the commercial buildings market. Founded by three building automation industry veterans in 2009, YWire designs products targeted specifically at lowering the installed cost of integrated systems across the market. The FiveSeries Lighting ControlSystem is the first building-level command and control system in the world to use Broadband over Power Line for device networks and integration into Building Automation Systems.
  • GreenMantra Technologies — Based in Brantford, Ontario, GreenMantra™ Technologies utilizes a proprietary thermo-catalytic system and patented process to cost-effectively convert and "up-cycle" waste plastics, including hard-to-recycle materials such as grocery bags and film, into high-value waxes and other specialty chemicals. These materials have a broad range ofapplications in the coatings, plastics processing, adhesives, roofing and paving industries.
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Desjardins Venture Capital
VC Fund · Lévis, Quebec, Canada

Desjardins Capital makes it easy to grow your business with financial and strategic support. Investment capital and venture capital can help you meet your business goals.

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Investment focus

  • Software, Information Technology, Manufacturing
  • Funding Round, Seed, Series A
  • Canada, United States

Portfolio highlights

  • Inscora — Inscora provides automated cyber risk assessment and sales enablement tools for cyber insurance brokers.
  • Vosker — Vosker provides remote area monitoring tech enabling you to take things further
  • Moka — Moka helps you save effortlessly by automatically investing your spare change. Get started in just a few minutes and watch your money grow with every purchase you make. Save more, spend less and invest smarter with Moka.
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Yaletown Partners
VC Fund · Vancouver, British Columbia, Canada

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 growingpresence 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

  • Software, Enterprise Software, Manufacturing
  • Series A, Series B, Seed
  • Canada, United States, Belgium

Portfolio highlights

  • Oloid — Frictionless and secure passwordless authentication for frontline workers enabling modern cybersecurity and identity and access management for deskless workers and shared devices.
  • Inverted AI — Inverted AI, a spinout from UBC, is building a proprietary software system that predicts human driving behavior and is using it to build bots imitating human drivers for simulators where self-driving cars are trained. Its core technology utilizes probabilistic programming and provides a crucial ingredient needed to make self-driving cars'level 4' and above a reality.
  • 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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Angel One Network
VC Fund · Burlington, Ontario, Canada

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

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Investment focus

  • Software, SaaS, Internet
  • Angel, Seed, Series A
  • Canada, United States, Malaysia

Portfolio highlights

  • Torum — Convert your crypto to Ringgit and spend it at any DuitNow QR-enabled merchant with ease.
  • Coldblock — Coldblock Technologies Inc delivers short wave infrared sample digestion technology to prepare samples for analysis, accuracy and safety.
  • fraction/al — Fan Ownership Platform that empower fans to own a piece of their favorite sports team.
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Ecofuel Fund
VC Fund

Ecofuel is a venture capital fund specialized in cleantech startups. Ecofuel Fund invests smart money in startups that develop and commercializes clean technologies.

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Investment focus

  • Manufacturing, Semiconductor, Telecommunications
  • Seed, Series A, Funding Round
  • Canada

Portfolio highlights

  • HaiLa Technologies Inc. — HaiLa's ultra-low power RF technology paves the way for battery-free operation of wireless IoT sensors and devices.
  • POTLOC — Potloc is a consumer research company, extracting consumer insights by targeting respondents by interest or location on the social networks consumers trust.
  • Tengiva — All-inclusive digital solutions for textiles: B2B distribution, sourcing, and data management.
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Government Of Quebec
VC Fund · Quebec, Quebec, Canada

Easily access government information and services.

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Investment focus

  • Manufacturing, Health Care, Artificial Intelligence
  • Grant, Debt Financing, Funding Round
  • Canada, Germany

Portfolio highlights

  • GIMXPORT — GIMXPORT offers its members support consulting services. Their services include assessment and diagnosis meetings, targeting the best business opportunities, consulting services in the development of a suitable strategy, planning to structure your approach, finding funding to carry out your project, technical support in the implementation, andindividual or group training and coaching to help achieve goals.
  • McGill University — McGill University is one of Canada's best-known institutions of higher learning and one of the leading universities in the world. With students coming to McGill from some 150 countries, our student body is the most internationally diverse of any research-intensive university in the country. McGill was founded in 1821 thanks to a generousbequest by James McGill, and since then, we've grown from a small college to a bustling university with two campuses, 11 faculties, some 300 programs of study, and more than 37,500 students. The University also partners with four affiliated teaching hospitals to graduate over 1,000 health care professionals each year.In addition to a stellar faculty, McGill is known for attracting the brightest students from across Canada, the United States, and around the world. McGill students have the highest average entering grades in Canada, and our commitment to fostering the very best has helped our students win more national and international awards on average than their peers at any other Canadian university. The prestigious Rhodes Scholarship has gone to a nation-leading 136 McGill students.
  • Lithium Winsome Adina — Lithium Winsome Adina is a mining company.
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Innovacorp
VC Fund · Halifax, Nova Scotia, Canada

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

  • Software, Information Technology, Health Care
  • Seed, Grant, Pre-Seed
  • Canada, Australia, United States

Portfolio highlights

  • Bright Breaks — Bright offer on-site and virtual amenities for companies and employees. whether your team is on-site, working from home, or in between.
  • 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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MaRS Investment Accelerator Fund
VC Fund · Toronto, Ontario, Canada

Working with Ontario talent to develop World Class Companies Learn More

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Investment focus

  • Software, Artificial Intelligence, Health Care
  • Seed, Pre-Seed, Series A
  • Canada, United States

Portfolio highlights

  • Welbi — Boost your resident experience with streamlined administrative processes, personalized programming, and real-time insights powered by Welbi.
  • Axonify — Axonify provides eLearning software, interval reinforcement solutions, and gamified learning. Using principles of interval reinforcement and incorporating the realities of how emerging workforces learn in today’s environment, Axonify enables its customers to make training stick and improve employee performance.
  • SceneDoc — SceneDoc is public safety’s first all-in-one mobile software for data collection and retrieval. By modernizing with SceneDoc, agencies operate with higher levels of clarity and control, with fewer moving parts, capturing data and reporting at the point of need. SceneDoc is saving agencies an hour of paperwork per shift on average, resulting in lesstime reporting and more time in the community so officers can do what they do best.
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Business Development Bank of Canada
VC Fund · Montréal, Quebec, Canada · 7 investments in the past 12 months

We are BDC, the bank for Canadian entrepreneurs. We support small and medium-sized businesses in all industries and at every stage of growth with money and advice. We are the Business Development Bank of Canada.

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Investment focus

  • Software, Information Technology, Manufacturing
  • Funding Round, Seed, Debt Financing
  • Canada, United States, Argentina

Portfolio highlights

  • LSL Pharma Group — LSL Pharma Group is a manufacturing company that innovates and manufactures life sciences products. Formed to integrate the operations of its Canadian subsidiaries, each boasting over two decades of expertise, LSL Pharma Group excels as a niche manufacturer in the life science industry. The company offers turnkey formulation, development andmanufacturing services.
  • Conquest Planning — Conquest Planning is a FinTech company that is developing an innovative solution for the financial services industry.
  • Highwood Asset Management — Highwood Asset Management is an asset management company that manages oil production and oil midstream spaces.
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SOSV
VC Fund · Princeton, New Jersey, United States · 75 investments in the past 12 months

SOSV is a global, deep tech venture capital firm that operates the HAX and IndieBio startup development programs focused on human and planetary health. SOSV invests $500,000 in startups at their inception as they onboard either HAX or IndieBio for a 4-6 month period designed to accelerate the raise of their next institutional round. SOSV joins thelater rounds of HAX and IndieBio graduates. HAX, based in a 35,000 sq ft facility in Newark, NJ, is equipped with machine tools, 3D printers, chemical, electrical and mechanical engineering labs, as well as on-staff engineering and design experts. SOSV's IndieBio has locations in NYC and San Francisco, both of which offer extensive services and facilities to founders including on-site BSL-2 labs, well equipped lab benches and hoods, and advanced lab equipment, such as chromatography equipment.

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Investment focus

  • Biotechnology, Health Care, Software
  • Seed, Convertible Note, Pre-Seed
  • United States, India, United Kingdom

Portfolio highlights

  • MixRift — MIXRIFT - game developers specialized in Mixed Reality
  • unspun — From 3D scan to perfect fitting custom jeans. unspun makes each pair of jeans unique to your actual body and design. On a mission to reduce global carbon emissions by 1%. As seen in Fast Company's World Changing Ideas, Time's Best Inventions, and PopSci's Best of What's New. Welcome to the future of apparel.
  • Mesa Quantum — Unlock the potential of chip-scale quantum sensing for enhanced Position, Navigation, And Timing capabilities. Explore Mesa Quantum's practical solutions.
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EnerTech Capital
VC Fund · Ambler, Pennsylvania, United States

EnerTech Capital works hand-in-hand with pioneers and innovators daring to change the world. For 25 years EnerTech’s fundamental focus has been investing and partnering with innovative companies driving informational impact across the energy landscape; with a focus on Mobility, Industry 4.0, and Connected Customer. Since its founding in 1996,EnerTech has made 74 investments and has managed over $500 million in capital commitments. EnerTech works with investors and stakeholders from corporates with growing innovation programs to seasoned investors seeking differentiated opportunities for strategic capital deployment or tailored solutions. EnerTech partners with companies across all stages of enterprise value creation from late development and seed through commercialization and growth. While investment activities are predominantly focused in North America, EnerTech partners with teams globally on an opportunistic basis.

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Investment focus

  • Energy, Software, Manufacturing
  • Funding Round, Series B, Series C
  • United States, Canada, Israel

Portfolio highlights

  • SHAED — The smarter way to procure commercial vehicles. Built for fleets. Trusted by dealers. Designed for scale.
  • OwnEnergy — OwnEnergy is the national leader in mid-sized wind energy development. We partner with energy entrepreneurs across the country to develop 30-100 MW wind energy projects. Our local partners are leading members of wind-rich communities who play an active role in project development and receive a share of project ownership in return.We have anational network of projects under development with our local partners in wind-rich areas around the country. These energy entrepreneurs not only invest their hard-earned capital in the projects we jointly develop, but they also serve as the front line of OwnEnergy’s development team and work on a wide range of local development issues. At OwnEnergy, we pair that local knowledge and connection with our vast energy development experience and expertise to drive projects to completion. In this way, OwnEnergy plays a major role in providing innovative energy solutions that make wind power feasible and economical at the community scale.OwnEnergy’s breakthrough approach to project development dramatically reduces the costs and risks associated with project development while increasing turnaround time and profitability. In the process, we are cultivating a nationwide network of local champions and arming them with the skill set to develop community scale energy projects at the local level.The completion and subsequent sale of six of our projects, totaling 240 MW, is the ultimate measure of the power of our development approach. In addition, our executive team’s leadership at the upper echelons of the wind industry makes us a formidable player in America’s most successful renewable energy industry. That national presence, along with local resources complemented by our team of experienced employees, has given OwnEnergy a reputation that is second-to-none as a reliable and trustworthy developer. In short, we believe in what we’re doing, we do it well and, in turn, our stakeholders believe in us.
  • Swift Navigation — Harness the power of precision GNSS to unlock Vehicle Autonomy Start Your Free Trial Contact Sales Harness the power of precision GNSS to unlock Precision Logistics Start Your Free Trial Contact Sales
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SaskWorks Venture Fund
VC Fund · Regina, Saskatchewan, Canada

SaskWorks Venture Fund is a Saskatchewan-based retail mutual fund that invests in privately-held small and medium-sized businesses owned or primarily operated in Saskatchewan. As a labour-sponsored venture capital corporation (LSVCC), investments in SaskWorks are eligible to receive a tax credit equal to 35% in addition to their RRSP tax deferral.Since its inception, the Fund has provided a unique opportunity for Saskatchewan residents to keep their investment dollars at home, helping to grow local companies and creating jobs in their province.

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Investment focus

  • Oil and Gas, Energy, Manufacturing
  • Funding Round, Seed, Post-IPO Equity
  • Canada, United States

Portfolio highlights

  • Curbie — Curbie is an online platform that enables consumers to buy, sell, and trade-in vehicles in Canada. The company provides consumers with an ecommerce buying experience that is unique in the Canadian landscape. Consumers select from Curbie's online inventory, receive the vehicles at their homes and, after purchase, have 7-days to decide to keepor return. Curbie is a highly-automated enterprise, featuring its own set of algorithmic and AI-based tools, which minimize staffing needs and enhance decision-making.
  • 54e Dev Studios — 54e Dev Studios creates unique robotics and gaming experiences using real-time communication technologies.
  • Ground Truth Agriculture — Ground Truth Ag revolutionizes precision farming with automated grain grading solutions. Our cutting-edge technology provides real-time, accurate grain quality monitoring, optimizing productivity for farmers and agribusinesses. Discover the future of agtech with us.
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Sherbrooke Innopole
VC Fund · Sherbrooke, Quebec, Canada

Sherbrooke Innopole is the economic development organization of the City of Sherbrooke which serves the industrial and tertiary-engine sectors. We provide free support to entrepreneurs in the industrial and technological sectors in Sherbrooke towards success.

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Investment focus

  • Manufacturing, Health Care, Biotechnology
  • Seed, Pre-Seed, Funding Round
  • Canada

Portfolio highlights

  • Immugenia — Immugenia is an early-stage immuno-oncology company developing a novel approach to CAR therapy by engineering hematopoietic stem cells to treat cancer and prevent relapses.
  • Calogy Solutions — Calogy offers thermal management solutions and modular battery systems for e-mobility, energy storage and power electronics.
  • TATUM bioscience — TATUM bioscience is a synthetic biology startup developing synthetic advanced biologics capable of multi-tasking therapeutic activities, packing all the advantages of combination therapy in a single agent to provide safer and more efficient treatments.
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BDC Capital Cleantech Practice
VC Fund · Calgary, Alberta, Canada

We can help you meet the capital-intensive needs of scaling and achieve timely growth. We offer more flexible equity financing and commercial loans.

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Investment focus

  • Renewable Energy, Energy, Manufacturing
  • Funding Round, Series A, Series C
  • Canada, United States

Portfolio highlights

  • eLeapPower — Learn more about how our technology is revolutionizing eMobility.
  • Equispheres — All metal powders for additive manufacturing are not created equal - except ours. Make manufacturing AM a reality with our revolutionary powder technology.
  • FREDsense — Ensure accurate PFAS detection with Fredsense's advanced testing solutions for water quality and safety. Contact us today for more information!
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Amplify Capital
VC Fund · Toronto, Ontario, Canada

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

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Investment focus

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

Portfolio highlights

  • Inkblot — Personalized, accessible and confidential mental health and well-being support for individuals and organizations. Find a therapist using our matching questionnaire.
  • ThinkLabs AI — ThinkLabs AI is a specialist AI development and deployment firm. Its mission is to empower critical industries and infrastructure with trustworthy AI towards global energy sustainability.
  • Pathway Medical — Pathway is an accurate and efficient point-of-care reference tool that gives you rapid access to evidence-based guideline summaries, interactive algorithms, key findings from landmark trials, clinical calculators, and more. Available anytime, anywhere.
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Active Impact Investments
VC Fund · North Vancouver, British Columbia, Canada

We support environmental resiliency through profitable investment. We provide capital and talent to accelerate the growth of early-stage climate tech ventures catalyzing the transition from finite to infinite sources of energy, food, water & products.

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Investment focus

  • Software, SaaS, CleanTech
  • Seed, Series A, Funding Round
  • United States, Canada

Portfolio highlights

  • Optiwatt, Inc. — Optiwatt integrates your exact electricity rates so you can save on EV charging and HVAC. Automatically use electricity off-peak and earn rebates in utility programs.
  • ThinkLabs AI — ThinkLabs AI is a specialist AI development and deployment firm. Its mission is to empower critical industries and infrastructure with trustworthy AI towards global energy sustainability.
  • ChopValue Manufacturing — Creating beautiful, high-performance engineered products made entirely from recycled chopsticks. We offer green franchising opportunities so you can make a positive difference in your community. Let's work towards a circular economy, one chopstick at a time.
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E-Fund
VC Fund · Vancouver, Alberta, Canada

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

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Investment focus

  • Health Care, Software, Medical Device
  • Seed, Pre-Seed, Funding Round
  • Canada, China, United States

Portfolio highlights

  • ViewsML — Explore cutting-edge AI solutions for cancer treatment, diagnosis, and research. Discover how clinical labs leverage artificial intelligence for precise cancer detection and diagnosis.
  • Care2Talk — Care2Talk is a video call mobile app for senior citizens that is secure, fast, and easy to navigate with 7-day battery life.
  • VoxCell BioInnovation — Creating an extraordinary line of solutions for the drug development industry and the field of Oncology research.
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VA Angels
VC Fund · Calgary, Alberta, Canada

VA Angels, one of Canada’s leading angel investment groups, has member locations in Calgary, Edmonton, Kelowna and Winnipeg. Since 2003 they have done 57 deals worth $28.5 million and are one of the most active angel groups in Canada.

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Investment focus

  • Health Care, Software, Information Technology
  • Seed, Funding Round, Debt Financing
  • Canada, United States, India

Portfolio highlights

  • Tonit — Connect with local riders. Discover hundreds of rides & events. Track & share your ride. Share photos & videos with the community.
  • PLAYR.gg — Surf Giveaways is the #1 platform to run giveaways, sweepstakes, and contests for gamers. Grow your audience and build your community with giveaways now!
  • eThor — Trusted By National Brands Trusted By National Brands Contactless In the age of COVID-19, it's more important than ever to provide your customers a safe way to pay. eThor offers a number of contactless payment options, from Apple Pay, Samsung Pay or other forms of
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Capital Angel Network
VC Fund · Ottawa, Ontario, Canada · 1 investment in the past 12 months

Our goal is to build the region's entrepreneurial community, to make the region the best place to start a business and to facilitate access to investment opportunities for qualified investors.

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Investment focus

  • Software, SaaS, Artificial Intelligence
  • Seed, Angel, Funding Round
  • Canada, United States

Portfolio highlights

  • Xatoms — At Xatoms, we clean water with Quantum Chemistry and AI, revolutionizing water purification for communities worldwide. Our innovative approach rapidly identifies new, sustainable materials to remove harmful pollutants and pathogens. We aim to alleviate the burden on women and girls in underrepresented communities, transforming the global landscape of water accessibility and empowering a more equitable world. Xatoms is at the forefront of combining scientific innovation with social change.
  • Virica Biotech — Viral Sensitizers (VSE) for drug developers and manufacturers are small molecules that improve viral yields and effectiveness by reducing the antiviral defences on a cellular level.
  • Afynia Laboratories — Aima Laboratories is a women's health healthcare company that provides innovative solutions to diagnostic and therapeutic difficulties. AIMA is working on the first non-invasive endometriosis diagnostic tool for the market. If you have chronic pelvic/period pain or are having difficulty becoming pregnant, you may have endometriosis.
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Ontario Centres of Excellence
VC Fund · Toronto, Ontario, Canada

The Ontario Centres of Excellence invests in projects and people to accelerate industry R&D to impact the Ontario economy through the commercialization of leading edge research.OCE invests in- Industry-Academic collaborative research- Commercialization of academic research through licensing and spin off companies- Early stage seedfinancing of start-ups- Skills development for high quality personnelThe Ontario Centres of Excellence is a not-for-profit corporation founded in 1987. Core funding is provided by the Ontario Ministry of Research and Innovation

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Investment focus

  • Software, Information Technology, Health Care
  • Seed, Grant, Pre-Seed
  • Canada, United States

Portfolio highlights

  • Uride — Welcome to Uride - your reliable and affordable ridesharing service with a community-focus. Enjoy the ease of quick pickups, lower fares, and a user-friendly app designed to make your travels smoother. Start riding today!
  • FluidAI Medical — Real-Time Monitoring for Anastomotic Leaks with Origin, by FluidAI. Early data shows FluidAI's Origin can detect leaks an average of 1.6 days earlier.
  • Novel Biotechnology — Novel Biotechnology is building high-throughput bacterial platforms for the biotech industry, with a focus on plasmid DNA manufacturing.
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FedDev
VC Fund · Waterloo, Ontario, Canada

FedDev Ontario aids the southern Ontario economy by supporting innovation, commercialization, business growth, productivity, and communities.

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Investment focus

  • Software, Manufacturing, Information Technology
  • Grant, Debt Financing, Seed
  • Canada, United States

Portfolio highlights

  • Universal Seal — Is a professional manufacturer & exporter of polyurethane hydraulic seals and SPECIAL URETHANE products.
  • DMZ — The DMZ at Ryerson University is a business incubator for tech startups in Canada. It helps startups build businesses by connecting it with customers, capital, experts, and a community of entrepreneurs and influencers. This means creating an environment where people can focus on scaling businesses.The DMZ at Ryerson University was founded on 2010and is headquartered in Toronto, Canada.
  • PARO Centre for Women's Enterprise — PARO Centre for Women’s Enterprise provides regular workshops, conferences, and events to support personal and professional development. They provide business support including access to funding for women entrepreneurs living. Their customers communicate via phone, address, and online applications.
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Momenta
VC Fund · Engelberg, Obwalden, Switzerland

Momenta is the leading Industrial Impact® venture capital firm, accelerating industrial innovators across energy, manufacturing, smart spaces, and the supply chain. For over a decade, our team of deep industry operators has helped scale industry leaders and innovators to improve critical industries, the environment, and people's quality oflife. PitchBook has ranked Momenta as one of the ten best-performing venture capital firms for 2023 in its prestigious Global Manager Performance Score League Tables, and the firm is the only European-headquartered VC to secure a Top 10 spot on the list.

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Investment focus

  • Software, Artificial Intelligence, Internet of Things
  • Seed, Series A, Series B
  • United States, Switzerland, Canada

Portfolio highlights

  • HighByte — Architect your digital transformation with proven Industrial DataOps software from HighByte. Let's make your industrial data useful.
  • Overview.ai — Deploy deep learning vision inspection in days. Train models in hours with 10x fewer images. Edge-computing cameras achieve 99.9%+ accuracy on micron-level defects.
  • NODE Robotics — NODE Robotics offers mobile robots, AGV/AMR software, and RTLS for forklifts and tugger trains. Built for efficient industrial intralogistics. Learn more.
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Radical Ventures
VC Fund · Toronto, Ontario, Canada

Radical Ventures invests in the future of how we live, work and play, partnering with founders who understand the transformational power of AI.

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Investment focus

  • Artificial Intelligence, Software, Information Technology
  • Seed, Series A, Series B
  • United States, Canada, United Kingdom

Portfolio highlights

  • GenFlux — AI Search Visibility Analytics & Optimization. Track how AI engines mention your brand across ChatGPT, Perplexity, Claude, and Gemini.
  • Covariant — Covariant is a developer of artificial intelligence for robotics. Covariant is building the Covariant Brain, a universal AI to give robots the ability to see, reason and act on the world around them.
  • Yutori — Yutori is part of a slew of AI startups creating autonomous agents, or systems that use AI to perform actions on their own.
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Natural Gas Innovation Fund
VC Fund · Ottawa, Ontario, Canada

NGIF Capital offers an integrated hybrid model for financing cleantech companies with solutions for the energy sector.

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Investment focus

  • Oil and Gas, Renewable Energy, Energy
  • Funding Round, Grant, Series A
  • Canada, United States

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.
  • Carbonova — Carbonova takes carbon dioxide plus methane that combined with waste heat produces carbon nanofiber. Carbonova sees waste and pollution as a new untapped resource creating a true circular economy. It has applications in a wide variety of industries including replacing carbon black, tires, batteries,
  • Galatea Technologies — Galatea offers cutting-edge technology to empower businesses with data-driven solutions, optimizing operational, financial, and environmental performance.
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The 51 Ventures
VC Fund · Calgary, Alberta, Canada

Women-powered capital building the Financial Feminist Economy.

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Investment focus

  • Information Technology, Health Care, Fashion
  • Seed, Grant, Pre-Seed
  • Canada, United States

Portfolio highlights

  • NLPatent — Accelerate productivity and uncover hidden insights with NLPatent's intuitive AI-powered patent research platform.
  • Coral — Coral is a virtual care clinic that provides evidence-based, personalized support for perimenopause and menopause, weight loss and longevity.
  • 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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Economic Development of Canada
VC Fund · Val-d'or, Quebec, Canada

Economic Development of Canada is providing assistance to enterprises and communities.

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Investment focus

  • Manufacturing, Software, Non Profit
  • Grant, Debt Financing, Funding Round
  • Canada, United States

Portfolio highlights

  • GIMXPORT — GIMXPORT offers its members support consulting services. Their services include assessment and diagnosis meetings, targeting the best business opportunities, consulting services in the development of a suitable strategy, planning to structure your approach, finding funding to carry out your project, technical support in the implementation, andindividual or group training and coaching to help achieve goals.
  • Aquatech BM — Commercial & industrial bottle washer cleaner and sterilizer. Perfect for winemakers, microbrewers, dairy farms, hotels, laboratories and more.
  • Cycle Momentum — Cycle Momentum is a startup accelerator in Montreal, Quebec, helping early-stage startups grow with mentorship, funding, and hands-on support.
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BDC Capital’s Climate Tech Fund
VC Fund

BDC Capital’s Climate Tech Fund invests in Canadian climate technology firms.

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Investment focus

  • Energy, Battery, Chemical
  • Series A, Seed
  • Canada

Portfolio highlights

  • Summit Nanotech — Summit Nanotech innovates direct lithium extraction (DLE) processes to economically and sustainably unlock lithium resources globally.
  • Freshr Technologies — Impactful Health R&D is a developer of compostable active packaging materials designed to prolong the shelf life of fresh foods, starting with fresh fish as an entry market. The company's active packaging materials are made of naturally-derived resources and helps in preserving the texture of a fish by maintaining its water content andtargeting bacteria, enabling fish processing companies to reduce wastage of fish.
  • Graphite Innovation & Technologies — GIT is focused on providing innovative and most sustainable smart coating solutions for the shipping industry - we use nanotechnology to make smart and environmentally friendly paints for constantly moving vessels to reduce fuel consumption and greenhouse gas emissions. The company has several ocean-going ships utilizing the technology and gettingready to ramp up production worldwide.GIT offers a full suite of marine coating systems for seafaring vessels. As a trusted partner in unlocking peak vessel efficiency, our innovative marine coatings help ship operators save money by reducing fuel consumption and GHG emissions. Our products are designed to be the most sustainable marine coatings in the world. Unlike many marine coatings, we do not rely on leaching chemicals and other harmful substances to improve fuel efficiency. Our coatings are unique in that they are hydrophobic and extremely hard, which prevents marine life from adhering to the hull surface, thus reducing drag as the vessel cuts through the water. GIT competes in the global marine coatings market and has positioned itself as a disruptor in the industry. This is driven by our passion for innovation and change as we push towards a more sustainable future for the maritime industry.
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Shell Ventures
VC Fund · Rijswijk, Zuid-Holland, The Netherlands

Shell Ventures invests in companies to speed up development and deployment of new technologies which complement our business.

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Investment focus

  • Energy, Renewable Energy, Software
  • Series A, Funding Round, Series B
  • United States, United Kingdom, India

Portfolio highlights

  • Statiq — Find electric vehicle charging station near you, book a slot, digitally pay for charging car.
  • Daphne Technology — Measure and abate methane slip with Daphne Technology. Learn how we reduce emissions in gas engine exhaust. Contact us today!
  • Cumulus Digital Systems — The award-winning Quality Execution System (QES) that avoids rework for all your critical work activities across industrial construction and operations.
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Concrete Ventures
VC Fund · Halifax, Nova Scotia, Canada

Concrete Ventures finds great ideas and founders in Atlantic Canada that are ready to build massively scalable businesses and work with them to grow their businesses.

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Investment focus

  • Software, SaaS, Information Technology
  • Seed, Funding Round, Pre-Seed
  • Canada, United Kingdom

Portfolio highlights

  • VIVLA — We make exclusive second homes in top European locations accessible to everyone. Buy shares of your home without having to buy the whole property.
  • 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.
  • 3D BioFibR — 3D BioFibR is a biomaterial manufacturing company that produces naturally sourced, high-value bio fibers such as spider silk, collagen, chitosan, and others. Preliminary fiber performance data shows the potential applications of these fibers in several global markets, including biomedical engineering, green textiles, defense, and aerospaceengineering. Formed in July 2020, 3D BioFibR was founded on the pioneering research of Dr. John Frampton. 3D BioFibR is focused on novel and proprietary methods of biofiber production that have a quality and scale that is currently not achievable with current methods. 3D BioFibR scientists have demonstrated the ability to make collagen fibers, termed CollaFibR™, that are stronger than natural tendons, and spider silk that is tougher than steel and 2000% more flexible. 3D BioFibR’s vision is to become the global leader in the manmade production of nature’s strongest, lightest and toughest materials at a scale and cost that makes them a competitive solution to the engineering challenges of our day.
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BDC Capital Corporation
VC Fund · Wakefield, Massachusetts, United States

BDC Capital can customize a financing plan to meet the needs of you and your business, whether your need is $100,000 or $5 million.

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Investment focus

  • Software, E-Commerce, Internet
  • Funding Round, Series A, Seed
  • Canada, United States, United Kingdom

Portfolio highlights

  • Muse — Muse is an immersive meditation device that provides real-time feedback on your mental activity, heart rate, breathing, and body movements to help you build a consistent meditation practice.
  • Miovision — Miovision Technologies provides software and hardware that significantly improves its clients' cost-structure and accuracy.Backed by the world’s most advanced traffic AI, our innovations in traffic signal planning and operations have made it possible for cities to improve the transportation experience for drivers, cyclists, and pedestrianssince 2005.Miovision develops intelligent technology solutions to address the challenges facing today's global transportation network and to minimize the environmental impacts of inefficient transportation flow. With offices in Kitchener, Canada and Cologne, Germany, Miovision serves over 17,000 municipalities worldwide.
  • Mobi724 Global Solutions — MOBI724 Global Solutions is a fintech leader in digital incentives (Card-Linked Offers, mobile couponing & loyalty rewards) and payment solutions (including mobile payment). The company is fully dedicated to deliver unique “real time” and seamless digital promotional incentives (Card-Linked Offers, Loyalty Rewards and Coupons), providingclients with full and comprehensive traceability, real time messaging, business intelligence and enriched consumer data.Its solutions enable card issuers, banks and retailers to create, manage, deliver, and “track & measure” incentive campaigns worldwide, and allow their redemption at ANY point of sale.MOBI724’s PCI & EMV switch, with its robust technology and device agnostic connectivity, simplifies deployment, integration and introduces new payment and couponing solutions to the market and a new tool to monetize data insights.Issuers’ goals of enabling cardholders to have friction-free purchasing experiences anywhere and accelerating the use of their payment cards, can be greatly enhanced by using MOBI724’s Card-Linked Offer platform, solutions and expertise.
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Pallasite Ventures
VC Fund · Chicago, Illinois, United States

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

  • Software, Health Care, Biotechnology
  • Seed, Series A, Series C
  • Canada, United States

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.
  • Zeno Power — Clean, plug-and-play power, anywhere in the universe.
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Fulmer Capital Partners
VC Fund · Vancouver, British Columbia, Canada

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Investment focus

  • Manufacturing, Software, Marketing
  • Private Equity, Seed, Funding Round
  • Canada, United States, France

Portfolio highlights

  • Omnie Integrated Services — omnie is the only customer service solution that blends advanced AI and experienced agents into one seamless, scalable experience.
  • CoInspect — Continuous monitoring technology that protects your inventory, while putting money back in your pocket. Awesome, automated temperature management.
  • ChopValue Manufacturing — Creating beautiful, high-performance engineered products made entirely from recycled chopsticks. We offer green franchising opportunities so you can make a positive difference in your community. Let's work towards a circular economy, one chopstick at a time.
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Startup TNT
VC Fund · Edmonton, Alberta, Canada

Startup TNT is a non-profit organization that emphasizes community building of investors, entrepreneurs and cheerleaders, who gather every week and build friendships before companies. Previously generated more than $3 Million capital for local startups, TNT aims to transform Alberta into Canada's be

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Investment focus

  • Software, Health Care, Information Technology
  • Pre-Seed, Seed, Series B
  • Canada, United States

Portfolio highlights

  • OraQ AI — OraQ AI is a clinical decision support system that empowers patients to improve wellness practice through a holistic approach. OraQ AI was founded in 2021 and was headquartered in Alberta, Canada.
  • Northernmost — Northernmost is a company that develops machines that protect and transport donated kidneys for transplantation.
  • Rivercity Innovations — Rivercity Innovations provides cold-chain monitoring technologies.
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Innovate Calgary
VC Fund · Calgary, Alberta, Canada

Innovate Calgary is a central innovation hub at the University of Calgary. See our programs and fundings and learn more about our innovation hubs here.

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Investment focus

  • Health Care, Medical, Medical Device
  • Seed, Pre-Seed, Funding Round
  • Canada, United States

Portfolio highlights

  • MACH32 — MACH32 is a medical device startup that develops innovative solutions for new and longstanding medical problems.
  • InventoRR MD — InventoRR MD focuses on commercializing groundbreaking trauma and general surgery devices that improve patient recovery outcomes, simplify procedures for doctors, and reduce costs for healthcare organizations.
  • Difinity Solutions — Difinity Solutions is specializing in the development of medical devices and technology solutions.
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Pangaea Ventures
VC Fund · Vancouver, British Columbia, Canada · 1 investment in the past 12 months

Pangaea is a world leader in hard tech venture capital. We invest in start-up companies leveraging advancements in materials, chemistry, and biology to address big global challenges and enable a sustainable future.

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Investment focus

  • Manufacturing, Biotechnology, Health Care
  • Series A, Series B, Series C
  • United States, Canada, The Netherlands

Portfolio highlights

  • Biodel AG — Discoverer, developer & Manufacturer of Proprietary Biological Solutions for Regenerative Agriculture for use by Commercial Growers, Horticulture, and Homeowners
  • Aspect Biosystems — Pioneering the development of bioprinted tissue therapeutics to transform how we treat some of the most elusive diseases.
  • Kanvas Biosciences — Kanvas Biosciences has developed cutting-edge imaging technology to map the microbiome and develop therapeutics.
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