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Top 50 Medical Device Startup Investors in Canada in May 2026

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

Top 50 Medical Device Startup Investors in Canada in May 2026

Investor Medical Device Canada investments
Innovate Calgary 12
Anges Quebec 10
Startup TNT 9
WUTIF 8
iGan Partners 8
Innovacorp 8
E-Fund 7
MEDTEQ+ 7
Archangel Network of Funds 7
MaRS Investment Accelerator Fund 7
Business Development Bank of Canada 5
Toronto Innovation Acceleration Partners 5
NorthSpring Capital Partners 5
Threshold Impact 5
Ontario Centres of Excellence 5
Atlantic Canada Opportunities Agency 5
Thin Air Labs 5
FACIT 4
Grand Challenges Canada 4
The 51 Ventures 4
Accelerate Fund 4
BDC Venture Capital 4
Angel One Network 4
Bluesky Equities 4
Ontario Brain Institute 4
Ontario Centre of Innovation 4
Garage Capital 4
Golden Triangle Angel Network 4
Desjardins Venture Capital 3
Real Ventures 3
Fonds de solidarité FTQ 3
Whitecap Venture Partners 3
Pelorus Venture Capital 3
Business Development Bank of Canada 3
Ramen Ventures 2
Paul Geyer 2
Broadview Ventures 2
Advisors.fund 2
Equation Angels 2
Government of Canada 2
Export Development Canada 2
VA Angels 2
BoxOne Ventures 2
Natacor Inc. 2
Relay Ventures 2
Ray Muzyka 2
Genesys Capital 2
Mitacs 2
Pallasite Ventures 2
Noel Hall 2

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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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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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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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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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iGan Partners
VC Fund · Toronto, Ontario, Canada · 3 investments in the past 12 months

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

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

Portfolio highlights

  • Docsi — DOCSI provides preference card optimization, surgeon engagement and supply chain cost reduction through novel digital solutions.
  • Cyborg — Introducing CyborgDB: The Confidential Vector Database. Keeps inference data end-to-end encrypted for unparalleled privacy & regulatory compliance.
  • Cosm Medical — Cosm Medical is a VC-backed health-tech startup building and commercializing a software-enabled medical device platform to improve the lives of women affected by pelvic floor disorders.
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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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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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MEDTEQ+
VC Fund · Montreal, Quebec, Canada

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 and theirpartners, 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

  • Health Care, Medical Device, Biotechnology
  • Seed, Funding Round, Series A
  • Canada

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.
  • LUCID — LUCID curates and creates personalized therapeutic music using biometrics, psychometrics, and AI to improve mental health and wellness.
  • HALEO Clinic — HALEO is an online insomnia clinic that fits in your pocket
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Archangel Network of Funds
VC Fund · Kitchener, Ontario, Canada

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

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

Portfolio highlights

  • MesoMat — Boost fleet safety, fuel consumption, and operating costs real-time data from your tires.
  • myStoria — Backed by fertility doctors. Built by patients, for patients. Track symptoms, manage diagnoses, get advice, and start moving forward.
  • IRegained Inc. — IRegained develops an in-home digital rehabilitation system to rewire the brain through the power of neuroplasticity, empowering stroke and traumatic brain injury survivors to reclaim unassisted use of their hands.
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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

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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Toronto Innovation Acceleration Partners
VC Fund · Toronto, Ontario, Canada

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 organizationthrough 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

  • Health Care, Biotechnology, Software
  • Pre-Seed, Seed, Funding Round
  • Canada, United States

Portfolio highlights

  • HDAX Therapeutics — HDAX Therapeutics novel modality unlocks a never-seen-before binding mechanism to key biological molecules.
  • 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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NorthSpring Capital Partners
VC Fund · Cambridge, Ontario, Canada

NorthSpring Capital Partners provides risk capital to small and medium sized companies with the goal of creating value. Investments range between $250,000 and $1 million in the form of subordinated debt and/or equity across a variety of traditional industries located in Southern Ontario. NorthSpring takes a flexible approach when reviewinginvestment opportunities and tailors its investment structure to fit the unique aspects of the business.

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Investment focus

  • Health Care, Medical Device, Software
  • Seed, Pre-Seed, Series A
  • Canada, United States

Portfolio highlights

  • 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.
  • Noa Therapeutics — Defying the convention of traditional drug development to revolutionize treatment options for complex inflammatory skin diseases.
  • Able Innovations — Able Innovations is developing advanced medical devices to tackle the pressing problem of patient transfer in healthcare.
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Threshold Impact
VC Fund · Edmonton, Alberta, Canada

Sustainable, Profitable Impact Investing

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Investment focus

  • Health Care, Medical, Medical Device
  • Seed, Pre-Seed, Series A
  • Canada, United States

Portfolio highlights

  • Northernmost — Northernmost is a company that develops machines that protect and transport donated kidneys for transplantation.
  • Variational AI — We are a team of AI/machine learning and business specialists using advanced generative AI for drug discovery. We collaborate closely with biopharmaceutical partners to develop new therapeutics across disease areas, aiming to positively impact lives.
  • 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.
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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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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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Thin Air Labs
VC Fund · Calgary, Alberta, Canada

Thin Air Labs is the leading investment firm in Canada focused on the growth asset class in innovation and technology. We currently have 24 companies in our portfolio. We believe in igniting venture growth for greater human impact.

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Investment focus

  • Software, Health Care, Medical
  • Seed, Funding Round, Pre-Seed
  • Canada

Portfolio highlights

  • Clinify Inc — Medical records are barely digitized in Africa. The lack of digitally centralized health records has led to a large number of preventable deaths as a result of wrong and self diagnosis by patients due to poor to no medical histories, paper record mismatch, long wait times and missed revenue opportunities. There is also a shortage of healthcarepractitioners and a lack of stable healthcare infrastructure.We are building a health information management system that leverages the capabilities of Artificial intelligence. Our solution cuts wait time in half, enables users to easily access, populate, own and centralize their health records. This allows them to control and better understand their encounters, book appointments via a web portal and mobile app, have virtual consultation with healthcare professionals and providers while running it on a low cost infrastructure without affecting system performance.
  • PayShepherd — PayShepherd helps manage contractor billing for industrial facilities and simplifies billing processes. Save time, money, and headaches.
  • Quickly — The trusted platform to provide valuable discounts on payables, offer trade credit extensions and manage the entirety of your transaction process.
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FACIT
VC Fund · Toronto, Ontario, Canada

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

  • Biotechnology, Health Care, Therapeutics
  • Seed, Funding Round, Pre-Seed
  • Canada, United States

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 — Hyivy Health is working on the first smart pelvic health rehabilitation system for patients and the clinicians who treat them.
  • Radiant Biotherapeutics — Radiant Biotherapeutics: Transformative, multi-valent, multi-specific antibody platform: Multabody
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Grand Challenges Canada
VC Fund · Toronto, Ontario, Canada

Learn how we find, fund and support high-impact innovations

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Investment focus

  • Health Care, Medical Device, Biotechnology
  • Grant, Seed, Debt Financing
  • Canada, United States, Australia

Portfolio highlights

  • Hewatele — Hewatele is a social enterprise that provides affordable quality medical oxygen to all needy patients together with its affiliates CPHD and Mediquip Global.
  • LegWorks — LegWorks Knees are high-functioning, waterproof, and stable prosthetic devices that fulfill the security needs of low mobility users while still meeting the rugged demands of a highly active amputee.
  • Nivi — Nivi is the best digital health chatbot built for whatsapp and rooted in behavioral science. Nivi enables users to take charge of their own health and works with private and public agencies to driver better public health outcomes.
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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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Accelerate Fund
VC Fund · Calgary, Alberta, Canada

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

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

Portfolio highlights

  • 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.
  • Wyvern — Discover hyperspectral imaging and Earth observation data from Wyvern. Access research-grade satellite imagery that reveals the hidden reality of our planet.
  • Northernmost — Northernmost is a company that develops machines that protect and transport donated kidneys for transplantation.
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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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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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Bluesky Equities
VC Fund · Calgary, Alberta, Canada

Bluesky Equities is a Calgary based private investment firm.

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Investment focus

  • Software, Analytics, Information Technology
  • Seed, Series A, Pre-Seed
  • Canada, United States

Portfolio highlights

  • Ownly — Ownlyi specializes in big data, data analysis, customer experience, data analytics, sales, and lead generation.
  • Nimble Science — small intestine sampling technology - Nimble Science
  • Provision Analytics — Provision Analytics creates practical and precise software for food processors and manufacturers. Its software package automates food safety processes, greatly reducing time spent on data input and recall procedures; this data links granular process data with production results, generating analytics that reduces food loss and quality deviations.
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Ontario Brain Institute
VC Fund · Toronto, Ontario, Canada

The Ontario Brain Institute works to establish Ontario as a world leader in brain research, commercialization and care.

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Investment focus

  • Health Care, Medical Device, Medical
  • Grant, Seed, Funding Round
  • Canada, United States, France

Portfolio highlights

  • RetiSpec — RetiSpec is a medical imaging company using advanced AI for the detection of neurodegenerative diseases through hyperspectral imaging of the eye.
  • Yellowbird Diagnostics — Be Seen. Be Cured.
  • 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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Ontario Centre of Innovation
VC Fund · Toronto, Ontario, Canada

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

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Investment focus

  • Health Care, Medical Device, FinTech
  • Seed, Pre-Seed, Grant
  • Canada, United States

Portfolio highlights

  • Talin — Supercharge your recruting process with Talin's AI powered tools.
  • Evercloak — Evercloak is a manufacturer of ultra-thin graphene and other 2-d nanomaterial films designed for cleantech applications. The company's platform uses a low-cost advanced manufacturing platform which builds ultra-thin nanomaterial membranes, enabling disruptive clean technologies to reduce cost, energy use and associated greenhouse gas emissionsthroughout the oil and gas, nuclear, energy, mining and agri-food sectors.
  • MIMOSA Diagnostics — MIMOSA Diagnostics is an m-health tech startup with a novel handheld device and integrated smartphone app for image visualization of skin health. MIMOSA is bringing medical grade technology out of hospitals and into the hands of patient consumers. The value proposition for MIMOSA’s AI diagnostic data warehouse will provide metadata insightsintegrated with patient EMR/EHR systems. Our first commercial entry launch is in the Diabetes sector, with future expansion to follow into other therapeutic areas.MIMOSA diagnostics puts the future of skin health into your hands. The MIMOSA is one of the few handheld multispectral skin imaging devices in the healthcare industry. Our proprietary algorithms risk profile the skin in various clinical settings. Our technology will allow healthcare to be equitable, efficient, and more personalized for all.
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Garage Capital
VC Fund · Waterloo, Ontario, Canada

Built by founders, for founders. Garage Capital helps best-in-class companies jump from garage to growth.

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Investment focus

  • Software, Information Technology, Artificial Intelligence
  • Seed, Series A, Pre-Seed
  • Canada, United States, South Africa

Portfolio highlights

  • CoRecruit (formerly Quil) — Quil is the AI assistant helping recruiting agencies eliminate hours of busywork. Automate interview notes, ATS updates, candidate submittals & more.
  • Uvaro — Remix your favorite resources and hacks with your best company content in a personalized hub that moves as fast as your team does
  • Remitian — Streamline tax payments for firms and clients with automated scheduling, real-time tracking, and compliance, ensuring zero penalties and enhanced efficiency.
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Golden Triangle Angel Network
VC Fund · Cambridge, Ontario, Canada · 1 investment in the past 12 months

Canada's leading early-stage investor community in Waterloo, funding innovative startups across tech sectors with a strong focus on impact and diversity.

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Investment focus

  • Software, Health Care, Medical
  • Seed, Angel, Grant
  • Canada, United States

Portfolio highlights

  • Justo — Cashback. Lower listing fees. Experienced local agents. Advanced technology. Free services. Justo is a new real estate brokerage based on a radical idea: Consumers are paying too much to buy or sell a home. That's why we offer a new model, based on fairness and transparency. Looking to buy a home? We'll split our commission with you50/50. Plus, our all-inclusive model covers home inspections and lawyer fees. Selling a home? Save half the listing fee of traditional brokerages, and thousands more with free staging, 3D virtual tours, professional photography and online marketing. Our experienced agents work closely with you to help find the home of your dreams, or sell your home for best the possible price. It just makes sense to use Justo.
  • MesoMat — Boost fleet safety, fuel consumption, and operating costs real-time data from your tires.
  • Motion Gestures — Motion Gestures is a Canadian machine learning startup specializing in gesture recognition software. Motion Gestures specializes in machine learning-based gesture recognition software and was founded in Waterloo, Canada in 2016. The company aims to enable the rapid development and deployment of gesture-enabled interfaces for systems, devices, andapps. Its software supports advanced 2D and 3D gestures using motion, touch, and vision sensors and can be deployed on the cloud, gateway/hub, and embedded platforms. Developers are offered free licenses to the cloud SDK and can quickly create and test any gesture using their smartphones.
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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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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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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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Whitecap Venture Partners
VC Fund · Toronto, Ontario, Canada

Whitecap Venture Partners is a Canadian-based Venture Capital fund investing in early stage technology companies. Whitecap is headquartered in Toronto and invests across Canada and the Northeastern US. Since Whitecap’s inception the early 1990s, Whitecap recognises the power of real collaboration between entrepreneurs and investors. This rapportenables them to provide significant value to companies along with strong returns across investment cycles.Whitecap specialises in Information & Communication Technologies (ICT) and Medical Technologies. Whitecap is continually searching for upcoming ventures to support as the next generation of exceptional enterprises.

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Investment focus

  • Health Care, Software, Enterprise Software
  • Series A, Seed, Series B
  • Canada, United States

Portfolio highlights

  • Lyteflo — Lyteflo provides electric vehicle (EV) sales tools.
  • Frate — First-of-its-kind automated peer-to-peer returns solution. Demonstrate your commitment to sustainability while also saving money on every return.
  • Deep Sky — Deep Sky is building infrastructure to scale CO2 removal. Deep Sky will remove millions of tons of CO2 from the atmosphere and permanently store it underground, back where it belongs. A new benchmark for Scope 3 Emissions: durable, scalable, and inherently measurable and verifiable.
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Pelorus Venture Capital
VC Fund · St. John's, Newfoundland, Canada

Pelorus Venture Capital focuses on investment for seed and early stage companies.

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Investment focus

  • Software, Health Care, Computer
  • Seed, Funding Round, Pre-Seed
  • Canada, United States

Portfolio highlights

  • Retellio — AI Agents that distill thousands of hours of customer calls into 30 minute podcasts.
  • CoLab Software — The only tool purpose-built to simplify design reviews for engineering teams building complex products.
  • Sparrow BioAcoustics — Sparrow BioAcoustics ,developers of a smartphone stethoscope designed to gather and collaborate on medical-grade cardiac and pulmonary data.
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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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Ramen Ventures
VC Fund · Toronto, Ontario, Canada

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

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Investment focus

  • Biotechnology, Health Care, Software
  • Seed, Pre-Seed, Angel
  • Canada, United States

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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Paul Geyer
Angel · Vancouver, British Columbia, Canada

Paul Geyer, a successful Medtech Entrepreneur and experienced Board member. Over the past 20 years Paul founded and led two companies through their growth phase, in one case to a successful private exit and in the other case through growth as a public company with numerous acquisitions. Both companies have grown to be anchor medical devicecompanies in the Vancouver area, employing more than 350 people.In 1991 he founded Mitroflow International Inc., a tissue heart valve company. Paul grew the company from 9 employees to more than 125 employees in 1999. In 1999 Paul sold Mitroflow to Sulzer Medica, for more than $50 mil. Paul's leadership resulted in Mitroflow growing to more than 200 employees, making it one of the largest medical devices companies in the Vancouver area. In 2001 Paul started Medical Ventures, a new specialty vascular device company where he is currently Chairman of the Board. From its inception to June 2008, Geyer held the position of CEO at Medical Ventures (now Neovasc) and was responsible for raising over $40 million in Equity financing and growing the company’s product portfolio through internal development and the acquisition of 3 other companies. In 2008 Paul began focusing on sharing is expertise to assist other Entrepreneurs to build successful businesses, through his involvement as a mentor or Board member. He also focused on building the local community through his involvement as a Board member of BC technology industry association, along with a number of non-profit community based organizations. Paul is actively engaged as a Philanthropist, as Chairman of the Board of Social Venture Partners Vancouver, involved with Science World, Entrepreneurship at UBC, Project Somos Children’s Village and other organizations.Paul is currently the CEO of LightIntegra Technology Inc., a spin-off from Canadian Blood Services which has developed the ThromboLux technology, used to determine platelet quality for blood transfusions.

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Investment focus

  • Health Care, Fitness, Medical Device
  • Seed, Series A, Funding Round
  • Canada, United States

Portfolio highlights

  • Stoko design — Get the same level of joint support as a rigid knee brace in the form of a compression tight. Covered by insurance. Fast & free shipping. Hassle-free returns. Backed by orthopedic surgeons. Recommended by Olympians.
  • Arbutus Medical — Arbutus Medical manufactures medical devices that simplifies orthopedic surgery and reduce the cost of healthcare to help treat patients worldwide.
  • HeadCheck Health — HEADCHECK HEALTH simplifies the process of executing and monitoring concussion protocols. Learn more!
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Broadview Ventures
VC Fund · Boston, Massachusetts, United States · 7 investments in the past 12 months

Broadview Ventures, Inc. (Broadview) was established in 2008 as a new program conceived by the Leducq family. Through Broadview, the trust will work to accelerate the development of promising technology in cardiovascular and neurovascular disease through targeted investment in and support of early stage technology ventures.The FoundationLeducq, based in Paris, France, is the beneficiary of a charitable trust. In order to further the Foundation Leducq's mission in cardiovascular and neurovascular disease, the trust has made funds available to Broadview to develop a program which will promote early state technology in these fields through investments, licensing agreements and consortium funding arrangements, as well as professional, management and consulting support.With this initiative the trust joins other leaders in the venture philanthropy movement in seeking creative solutions to the problem of what is commonly referred to as the 'translational gap', a significant component of which is a lack of funding at a critical moment in the development of new technology and science.

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Investment focus

  • Health Care, Biotechnology, Medical Device
  • Series A, Seed, Series B
  • United States, Canada, Israel

Portfolio highlights

  • Aria CV — Learn about Aria CV's novel implantable medical device designed to treat pulmonary hypertension (PH). Our elegant device has no battery, pump, or electronics.
  • Alveron Pharma — Alveron produces drugs such as cyclodextrins, pro-coagualant cyclodextrins with a unique coagulation platform technology.
  • Relief Cardiovascular — Relief Cardiovascular is an inQB8 medical technologies portfolio company developing a revolutionary smart implant to decongest heart failure patients.
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Advisors.fund
VC Fund · San Francisco, California, United States

Advisors.fund invests in amazing entrepreneurs that are disrupting entrenched legacy incumbents and an accepted status quo. Another way to say this--- we seek early alpha companies that end up becoming what we call exciting lightning in a bottle investments.To date, we've invested in over 100 investments in the SaaS, enterprise software,big data/AI and health tech sectors.We invest opportunistically, at seed or pre A stage, in world-class entrepreneurs and their management teams. We seek those that are building protectable intellectual property and who intimately know their target market and customer they want to serve. We are super active early on with our companies and commit to rolling up our sleeves by recruiting, making incredible game-changing introductions, conducting strategy sessions, helping to close Series A rounds--whatever it takes to best ensure success. Typically, we are the most active early investor/advisor for our companies--thus our name--Advisors.fund. Advisor first, Fund second and our entrepreneurs love it.

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Investment focus

  • FinTech, Internet, Software
  • Seed, Convertible Note, Pre-Seed
  • United States, Canada

Portfolio highlights

  • Fondo — Fondo is an all-in-one accounting platform for startups. We'll handle your bookkeeping, tax, and tax credits so you can focus on building your startup.
  • Circle — Reliable medicare sales software from Trusty.care makes it easy to sell any senior insurance product in the market. Call today!
  • Optina Diagnostics — Optina Diagnostics develops technology for the early detection of disease through the eye.
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Equation Angels
VC Fund · Burlington, Ontario, Canada

Equation Angels is the second-largest angel investor network in Canada. It Combining the vast expertise and resources of three angel groups from Southern Ontario, It accelerate the innovation ecosystem for investors and entrepreneurs.

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Investment focus

  • Medical, mHealth, Health Care
  • Pre-Seed
  • Canada

Portfolio highlights

  • Hyivy Health — Hyivy Health is working on the first smart pelvic health rehabilitation system for patients and the clinicians who treat them.
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Government of Canada
VC Fund · Gatineau, Quebec, Canada · 2 investments in the past 12 months

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, Information Technology
  • 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.
  • London Children's Museum — Offering family-friendly entertainment and activities, the London Children's Museum, located in Southwestern Ontario, encourages children to explore history, heritage, and science through art, play, and creativity.
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Export Development Canada
VC Fund · Ottawa, Ontario, Canada · 15 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

  • VueReal — VueReal is making micro- and nano- technology a reality by developing and commercializing platforms that enable efficient, practical, and scalable production and integration of micro-and nano- devices.
  • SRTX — Discover Sheertex tights and stockings made with one of the strongest materials in the world. Sheers manufactured sustainably in Canada. No rips, runs or snags - Guaranteed.
  • 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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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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BoxOne Ventures
VC Fund · Montréal, Quebec, Canada

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

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

Portfolio highlights

  • Tornado — Digest information from thousands of public filings and your own documents with a versatile AI analyst, plus the reliability of full source attribution.
  • Seqera — Seqera Labs is a Barcelona-based business creating solutions for high-performance computing workloads across cloud and clusters. It was founded by the creators of the popular open-source workflow software Nextflow (http://www.nextflow.io).
  • TriplePlay — Roblox is reimagining the way people come together. Our platform enables anyone to create, connect, and express themselves in immersive 3D experiences.
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Natacor Inc.
VC Fund · Ottawa, Ontario, Canada

Natacor Inc. is a firm that provides financial and business advising as well as capital investments.

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Investment focus

  • Biotechnology, Health Care, Medical Device
  • Angel, Seed
  • Canada, Australia

Portfolio highlights

  • Viafoura — We partnered with 800+ media brands to engage, convert & monetize their digital audiences. Check out our community engagement solutions!
  • Nicoya Lifesciences — Get binding kinetics & affinity data on your benchtop. 600+ innovative researchers worldwide are using OpenSPR to publish faster.
  • Vida Fresh Air — Vita Fresh Air Corp has developed and is set to commercialize a new catalytic converter technology, the Multi-Chamber Catalytic Converter (MCCC), which aims to lower emissions, lower fuel consumption, and lower equipment costs. Vida’s mission is to develop automotive products that genuinely improve engine performance and emission control in anethical, economical and sustainable manner.
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Relay Ventures
VC Fund · Toronto, Ontario, Canada

We view founders as partners. We bring capital, networks, and experience, and our founders bring expertise, teams, and dreams.

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Investment focus

  • Software, Mobile, Apps
  • Seed, Series A, Series B
  • United States, Canada, United Kingdom

Portfolio highlights

  • Eirene — Find trusted answers about end-of-life planning, grief support, and more.
  • Luma — Luma was created by Dr. Paul Judge and Mike Van Bruinisse. Paul and Mike have worked together for 15 years solving complex networking and security problems for the largest companies in the world.With the rise of the connected home, people are using more devices than ever. Home WiFi networks now need to be able to keep every one of them runningand fully secure. Mike, Paul, and the team decided to use their expertise to create the perfect, personalized WiFi network for everyone.On that day, Luma was born. Since then, the mission has been the same: To create the fastest, simplest, most secure, and most reliable home network that’s equipped for the technology of today, and tomorrow.
  • Bird Canada — Bird Canada holds the exclusive license from Bird Rides Inc to operate their micro-mobility platform in Canada
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Ray Muzyka
Angel · Edmonton, Alberta, Canada

Originally trained as a medical doctor, Dr. Ray Muzyka cofounded BioWare, a video game development studio focusing on story and character, in the early 1990s. He practiced emergency/family medicine for two years full time, with medicine transitioning to part-time over the following decade as he focused on his role as BioWare’s CEO. BioWare wasacquired by Electronic Arts in 2007, and Dr. Muzyka took on the roles of Senior Vice President at Electronic Arts and General Manager of EA’s BioWare division, which grew over the next five years to span eight development locations worldwide with about 2000 staff (1400 full time). He retired from video games in October 2012, with his third “career chapter” at ThresholdImpact, where he focused on sustainable, profitable impact investing: mentoring and angel investing in information technology, new media, and medical innovations with social entrepreneurs. An active angel investor and entrepreneurial mentor, Dr. Muzyka is a member of the Young Presidents’ Organization, the A100, the Ashoka Support Network, and the Board of Governors of the University of Alberta (serving as Chair of the Human Resources Committee and on the Learning and Discovery Committee and as a member of the University of Alberta Advancement Council). He is Chair of the University of Alberta’s entrepreneur Venture Mentoring Service, a venture advisor at iNovia Venture Capital, and a member of the Alberta Research and Innovation Advisory Committee and the Alberta Premier’s Advisory Committee on the Economy. He also serves on a number of private company boards. He previously served on the board of the Academy of Interactive Arts and Sciences from 2001-2008 and was on the Board of Trustees of the Stollery Children’s Health Foundation from 2012-2015. He was inducted into the Academy of Interactive Arts and Sciences’ Hall of Fame in 2011 and received the International Game Developers’ Choice Awards 2013 Lifetime Achievement Award. Dr. Muzyka received the inaugural Alumni Innovation Award in 2015 from the University of Alberta. He additionally was named as the 2017 Allard Chair in Business at the MacEwan University’s School of Business and as an Honorary Paul Harris Fellow by Rotary Club International in 2016, in recognition for his philanthropic efforts. Other awards include entry into Canada’s Top 40 under 40 and Ernst and Young’s 2001 Entrepreneur of the Year (IT, Prairies).He obtained his Bachelor of Medical Science from the University of Alberta in 1990, his Doctorate of Medicine from there in 1992, and his MBA from the University of Western Ontario (Ivey School of Business) in 2001.

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Investment focus

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

Portfolio highlights

  • Leadoptik — Leadoptik is a California-based company is currently operating in stealth mode.
  • Modality.AI, Inc. — Modality.ai is an AI-powered platform that detects health conditions using conversational AI. Through dialogue and video, Modality.AI interacts conversationally with the patient to provide health assessment anywhere, anytime. Its system analyzes multimodal data which allows continuous screening and assessing of patients’ health.
  • Gray Oncology Solutions — Gray Oncology Solution is a healthcare enterprise software company that commercializes GrayOS, the operating system for oncology.
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Genesys Capital
VC Fund · Toronto, Ontario, Canada

Genesys Capital is one of Canada's leading venture capital firms, investing in early-stage healthcare and biotechnology companies to drive innovation and improve lives.

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Investment focus

  • Biotechnology, Health Care, Medical
  • Series A, Funding Round, Series B
  • Canada, United States

Portfolio highlights

  • Inversago Pharma — Inversago Pharma is a preclinical-stage, biotech company specialized in the development of new therapies focusing on CB1 blockade, based on first-in-class, peripherally-acting, CB1 inverse agonists.
  • Feldan Therapeutics — Feldan Therapeutics has developed a patented peptide-based technology platform, the Feldan Shuttle, which enables fast and safe intracellular delivery. The company's mission is to develop leading-edge therapeutic applications based on its proprietary platform, as demonstrated by its current pipeline of clinical programs taking advantage of theunique characteristics of the Shuttle.
  • Veralox Therapeutics — Veralox Therapeutics develops small molecule therapeutics that treat the underlying pathologies of thrombosis and type one diabetes. Based on an understanding of the molecular mechanisms of these diseases, these efforts will lead to new treatment paradigms and better outcomes for patients.
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Mitacs
VC Fund · Vancouver, British Columbia, Canada

Mitacs drives research through academic-industry collaborations, scholarships, and talent development. Explore transformative impact.

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Investment focus

  • Health Care, Software, Information Technology
  • Grant, Seed, Funding Round
  • Canada

Portfolio highlights

  • Sentire — We augment robots, so they can quickly learn a new task, adapt or react to their environment.
  • Ostia Sciences Inc — Ostia Sciences, is a premier microbiome solutions company that specializes in discovering novel bacterial metabolites with antibacterial, antibiofilm, and immunomodulation activities. Our goal is to isolate beneficial microbes from the human oral microbiome, human breast milk, and fermented food, which are known to be rich sources of ribosomallysynthesized and post-translationally modified peptides (RiPPs) and natural products with a range of biological activities.
  • FemTherapeutics Inc. — FemTherapeutics Inc. is developing the world's first customizable gynaecological prosthetic for the treatment of pelvic health conditions.
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Pallasite Ventures
VC Fund · Chicago, Illinois, United States · 1 investment in the past 12 months

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

  • Health Care, Software, 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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Noel Hall
Angel

Noel Hall is the Director of Corporate of Wellcome Trust. He is a former Board Director, Co-founder, and President of Aspreva Pharmaceuticals Corp. He attended the University of London.

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Investment focus

  • Biotechnology, Genetics, Life Science
  • Seed, Angel
  • Canada, United States

Portfolio highlights

  • Epistemic AI — At Epistemic AI we are building the next generation of tools to accelerate biomedical research with AI and NLP.We are a group of senior scientists and engineers from the likes of Google, New York University, Stanford and more. We are dedicated to enabling advances in biomedical research and practice with AI and NLP.We are creating a movement ofpeople enthusiastically committed to a new vision for the future of biomedical research and we hope you want to join us.
  • Incisive Genetics — IG is focused on developing a cutting-edge non-viral delivery platform for genetic therapies. This disruptive and transformational delivery platform enables a one-step encapsulation of the active CRISPR components within lipid nanoparticles. The Company's pre-clinical pipeline includes programs addressing neurologic and ocular geneticdiseases. IG is actively seeking partnerships with pharmaceutical companies developing gene therapies to be enabled by its novel delivery platform.
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