Top 50 Medical Device VC Funds & Investors in Canada (July 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
Innovate Calgary
VC Fund
|
12 | Canada, United States | Seed, Pre-Seed | Health Care, Medical, Medical Device | $76k–$1.9M |
|
Archangel Network of Funds
VC Fund
|
11 | Canada, United States | Seed, Pre-Seed | Health Care, Software, Medical | $695k–$3.1M |
|
Anges Quebec
VC Fund
|
10 | Canada, Spain, United States | Seed, Angel | Software, Health Care, Artificial Intelligence | $366k–$3.2M |
|
Startup TNT
VC Fund
|
10 | Canada, United States | Pre-Seed, Seed, Series B | Software, Health Care, Medical Device | $23k–$2M |
|
iGan Partners
VC Fund
|
9 | Canada, United States, Israel | Seed, Series A | Health Care, Software, Medical | $1.9M–$17M |
|
MEDTEQ+
VC Fund
|
8 | Canada, United States | Seed, Series A | Health Care, Medical Device, Biotechnology | $1.5M–$18M |
|
WUTIF
VC Fund
|
8 | Canada | Seed, Pre-Seed, Series A | Software, Health Care, Biotechnology | $100k–$3.8M |
|
Innovacorp
VC Fund
|
8 | Canada, Australia, United States | Seed, Grant, Pre-Seed | Software, Information Technology, Health Care | $18k–$3.1M |
|
E-Fund
VC Fund
|
7 | Canada, China, United States | Seed, Pre-Seed | Health Care, Medical, Medical Device | $256k–$4.2M |
|
MaRS Investment Accelerator Fund
VC Fund
|
7 | Canada, United States | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, Health Care | $368k–$14M |
|
Threshold Impact
VC Fund
|
7 | Canada, United States | Seed, Pre-Seed, Series A | Health Care, Medical Device, Medical | $274k–$15M |
|
Ontario Centre of Innovation
VC Fund
|
7 | Canada, United States | Seed, Pre-Seed, Grant | Health Care, Medical, Software | $7.3k–$3.2M |
|
NorthSpring Capital Partners
VC Fund
|
7 | Canada, United States | Seed, Pre-Seed, Series A | Health Care, Medical Device, Software | $1.6M–$5M |
|
FACIT
VC Fund
|
5 | Canada, United States | Seed, Pre-Seed | Biotechnology, Health Care, Medical Device | $1.5M–$8M |
|
Atlantic Canada Opportunities Agency
VC Fund
|
5 | Canada, United States, France | Grant, Debt Financing, Seed | Software, Manufacturing, Health Care | $25k–$2M |
|
Business Development Bank of Canada
VC Fund
|
5 | Canada, United States, Argentina | Seed, Series A | Software, Information Technology, Manufacturing | $275k–$16M |
|
Ontario Brain Institute
VC Fund
|
5 | Canada, United States, France | Grant, Seed | Health Care, Medical Device, Medical | $37k–$14M |
|
Toronto Innovation Acceleration Partners
VC Fund
|
5 | Canada, United States | Pre-Seed, Seed | Health Care, Biotechnology, Software | $22k–$8M |
|
Thin Air Labs
VC Fund
|
5 | Canada | Seed, Pre-Seed | Software, Health Care, Medical | $731k–$5.2M |
|
Ontario Centres of Excellence
VC Fund
|
5 | Canada, United States | Seed, Grant, Pre-Seed | Software, Information Technology, Health Care | |
|
Bluesky Equities
VC Fund
|
4 | Canada, United States | Seed, Series A, Pre-Seed | Software, Analytics, SaaS | $347k–$22M |
|
BDC Venture Capital
VC Fund
|
4 | Canada, United States, Japan | Series A, Seed | Software, Information Technology, Artificial Intelligence | $603k–$17M |
|
Garage Capital
VC Fund
|
4 | Canada, United States, South Africa | Seed, Series A, Pre-Seed | Software, Information Technology, Artificial Intelligence | $765k–$50M |
|
Angel One Network
VC Fund
|
4 | Canada, United States, Malaysia | Angel, Seed, Series A | Software, SaaS, Internet | $68k–$7M |
|
Golden Triangle Angel Network
VC Fund
|
4 | Canada, United States | Seed, Angel, Grant | Software, Health Care, Medical | $500k–$2.4M |
|
The 51 Ventures
VC Fund
|
4 | Canada, United States | Seed, Grant, Pre-Seed | Health Care, Information Technology, Fashion | $677k–$4.2M |
|
Grand Challenges Canada
VC Fund
|
4 | Canada, United States, India | Grant, Debt Financing, Seed | Health Care, Medical Device, Biotechnology | $100k–$11M |
|
Accelerate Fund
VC Fund
|
4 | Canada, United States | Seed, Series A | Software, Health Care, Medical | $951k–$12M |
|
Pelorus Venture Capital
VC Fund
|
3 | Canada, United States | Seed, Pre-Seed | Software, Health Care, Computer | $439k–$11M |
|
Desjardins Venture Capital
VC Fund
|
3 | Canada, United States | Seed, Series A | Software, Information Technology, Manufacturing | $805k–$22M |
|
Nimbus Synergies Inc.
VC Fund
|
3 | Canada, United States | Seed, Series A | Health Care, Software, Medical Device | $970k–$7.3M |
|
Zcube
VC Fund
|
3 | Italy, Canada, Lithuania | Seed, Pre-Seed, Series B | Health Care, Medical Device, Medical | $55k–$1.5M |
|
Desjardins Capital
VC Fund
|
3 | Canada | Seed, Series A, Private Equity | Manufacturing, Software, Information Technology | $1M–$30M |
|
Real Ventures
VC Fund
|
3 | Canada, United States, United Kingdom | Seed, Series A, Series B | Software, Artificial Intelligence, Machine Learning | $650k–$50M |
|
Fonds de solidarité FTQ
VC Fund
|
3 | Canada, United States, Israel | Series A, Series B | Manufacturing, Biotechnology, Software | $6.3M–$75M |
|
Whitecap Venture Partners
VC Fund
|
3 | Canada, United States, Spain | Series A, Seed, Series B | Health Care, Software, Enterprise Software | $717k–$54M |
|
Broadview Ventures
VC Fund
|
2 | United States, Canada, Israel | Series A, Seed, Debt Financing | Health Care, Biotechnology, Medical Device | |
|
Zoic Capital
VC Fund
|
2 | United States, Canada | Seed, Series A | Biotechnology, Health Care, Medical | $2.9M–$4M |
|
METIS innovative
VC Fund
|
2 | United States, Canada | Series A, Seed, Series B | Medical, Medical Device, Marketing | $19M–$27M |
|
Hustle Fund
VC Fund
|
2 | United States, Singapore, Canada | Seed, Pre-Seed, Series A | Software, FinTech, Financial Services | $100k–$25M |
|
Maple Leaf Angels
VC Fund
|
2 | Canada, United States | Seed, Pre-Seed, Angel | Health Care, Software, SaaS | |
|
Fusion Fund
VC Fund
|
2 | United States, Canada, Norway | Seed, Series A | Artificial Intelligence, Software, Health Care | |
|
Pallasite Ventures
VC Fund
|
2 | Canada, United States | Seed, Series A, Series C | Health Care, Software, Biotechnology | |
|
SGInnovate
VC Fund
|
2 | Singapore, United States, Canada | Seed, Series A, Convertible Note | Artificial Intelligence, Information Technology, Software | |
|
BoxOne Ventures
VC Fund
|
2 | Canada, United States, United Kingdom | Seed, Pre-Seed, Series A | Biotechnology, Health Care, Software | |
|
Hike Ventures
VC Fund
|
2 | United States, Canada, Israel | Seed, Pre-Seed, Series A | Artificial Intelligence, Software, Information Technology | $500k–$152M |
|
Government of Canada
VC Fund
|
2 | Canada, United States, Germany | Grant, Debt Financing | Manufacturing, Health Care, Information Technology | |
|
Natacor Inc.
VC Fund
|
2 | Canada, Australia | Angel, Seed | Biotechnology, Health Care, Medical Device | |
|
Pool Global Partners
VC Fund
|
2 | Canada, United States, Denmark | Seed, Pre-Seed, Series A | Health Care, Software, Artificial Intelligence | |
|
First Angel Network
VC Fund
|
2 | Canada | Seed, Angel, Pre-Seed | Health Care, Biotechnology, Medical | |
| Access all 476 VC funds in Canada Medical Device startups. | |||||
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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.
Show more...Investment focus
- Industry: Health Care, Medical, Medical Device
- Stage:Seed, Pre-Seed
- Geography: Canada, United States
Investor stats
- Total investments: 37
- Round size: Seed $878k–$1.9M; Pre-Seed $76k–$428k
- Lead/follow: 5% lead, 95% follow
Portfolio highlights
- MACH32 — MACH32 is a medical device startup that develops innovative solutions for new and longstanding medical problems.
- Difinity Solutions — Difinity Solutions is specializing in the development of medical devices and technology solutions.
- Possibility Neurotechnologies — Possibility Neurotechnologies develops user-centric assistive solutions to bridge the gap between advanced brain-computer interface technologies and the applications they can manage.
Archangel is the overarching early stage investment fund based in Waterloo Region, the North Silicon Valley of North America.
Show more...Investment focus
- Industry: Health Care, Software, Medical
- Stage:Seed, Pre-Seed
- Geography: Canada, United States
Investor stats
- Total investments: 42
- Round size: Seed $695k–$3.1M; Pre-Seed $700k–$1.6M
- Lead/follow: 7% lead, 93% follow
- Last fund: May invest from a new fund soon — last raise in 2021
Portfolio highlights
- Mesosil — Mesosil develops responsive antimicrobial materials to prevent infection at the medical device-tissue interface, with lifetime length of effect. Our technology is ideally suited for dental restoratives and dental implant surfaces. The result is greatly improved patient outcome with no change to practitioner workflow, reducing the likelihood ofrecurrent caries and detachment of dental restorations, or peri-implant wound infection that could result in implant loss and implant revision.
- TimeSmart.AI — TimeSmart.AI provides a comprehensive solution developed with the guidance of physicians and compliance professionals to help improve organizational efficiencies.TimeSmart.AI delivers a robust, all-in-one solution crafted with input from physicians and compliance experts. It streamlines organizational workflows to boost efficiencies acrosshealthcare operations. Designed for real-world reliability, it helps teams save time while upholding the highest standards of care and regulation.
- 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.
Value-added investors for innovative entrepreneurs.
Show more...Investment focus
- Industry: Software, Health Care, Artificial Intelligence
- Stage:Seed, Angel
- Geography: Canada, Spain, United States
Investor stats
- Total investments: 161
- Round size: Seed $805k–$3.2M; Angel $366k–$1.3M
- Lead/follow: 18% lead, 82% follow
Portfolio highlights
- Zilia — Zilia's non-invasive assessment of biomarkers in the eye redefines the way we prevent, diagnose, and treat various diseases.
- DropGenie — DropGenie is building connected hardware to automate gene editing. They are accelerating the pace of discovery through the generation of standardized and compatible scientific information.
- Gray Oncology Solutions — Gray Oncology Solution is a healthcare enterprise software company that commercializes GrayOS, the operating system for oncology.
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
Show more...Investment focus
- Industry: Software, Health Care, Medical Device
- Stage:Pre-Seed, Seed, Series B
- Geography: Canada, United States
Investor stats
- Total investments: 56
- Round size: Seed $51k–$2M; Pre-Seed $23k–$1.2M
- Lead/follow: 29% lead, 71% follow
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.
- Simuhealth — Simuhealth is a platform that helps simulation centers run more efficiently. It brings together everything you need to schedule sessions, manage equipment, track learners, and report on outcomes - all in one place. Instead of juggling spreadsheets, emails, and disconnected tools, simulation teams can use Simuhealth to coordinate day-to-dayoperations from a single, modern system.
- Northernmost — Northernmost is a company that develops machines that protect and transport donated kidneys for transplantation.
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.
Show more...Investment focus
- Industry: Health Care, Software, Medical
- Stage:Seed, Series A
- Geography: Canada, United States, Israel
Investor stats
- Total investments: 49
- Round size: Seed $1.9M–$5M; Series A $4M–$17M
- Lead/follow: 45% lead, 55% follow
- Last fund: Likely still investing — fund raised in 2022
Portfolio highlights
- Docsi — DOCSI provides preference card optimization, surgeon engagement and supply chain cost reduction through novel digital solutions.
- Exact Imaging — Exact Imaging is the developer of the ExactVu™ system, the first micro-ultrasound operating at 29 MHz that provides unmatched resolution. The system enables visualization and targeting of suspicious regions, in addition to performing systematic TRUS biopsies for prostate cancer imaging.
- Adenocyte — Adenocyte is a privately held medical technology business that focuses on early diagnosis of adenocarcinoma and its precancerous precursor.
MEDTEQ+ is a non-profit organization for industrial research and innovation in medical technology. The organization accelerates the development of innovative technological solutions to improve patients’ health and quality of life by mobilizing Canadian talents. They bringing together the key players in healthcare and innovation allows them andtheir partners, to offer Canadians access to novel solutions.MEDTEQ’s mission is, through collaborative, industry-led projects, to accelerate innovation and position, on a global scale, products and services developed by the Canadian medical technologies industry.
Show more...Investment focus
- Industry: Health Care, Medical Device, Biotechnology
- Stage:Seed, Series A
- Geography: Canada, United States
Investor stats
- Total investments: 32
- Round size: Seed $1.5M–$4M; Series A $2.9M–$18M
- Lead/follow: 47% lead, 53% follow
- Last fund: May invest from a new fund soon — raised $10M in 2018
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.
- NURA Medical — Discover NurEx's medication safety software and its novel weight estimation technology, designed for healthcare professionals. Experience easy-to-use pediatric dosing, accurate weight measurement, and streamlined formulary management to enhance patient safety and reduce medication errors. Book a demo today.
- Swiftsure Innovations — Swiftsure Innovations provides registered nurses with the tools required to improve patient outcomes.It develops a medical device that enhances oral care for patients on life support with the aim of decreasing the incidence of ventilator-acquired pneumonia, length of mechanical ventilation, and length of hospital stay.Creative Destruction Labssupports the company.
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.
Show more...Investment focus
- Industry: Software, Health Care, Biotechnology
- Stage:Seed, Pre-Seed, Series A
- Geography: Canada
Investor stats
- Total investments: 73
- Round size: Seed $100k–$3.8M; Pre-Seed $256k–$1.2M
- Lead/follow: 11% lead, 89% follow
Portfolio highlights
- ViewsML — Explore cutting-edge AI solutions for cancer treatment, diagnosis, and research. Discover how clinical labs leverage artificial intelligence for precise cancer detection and diagnosis.
- Carbonyx — Carbonyx is a biotechnology company that transforms industrial waste into valuable byproducts while permanently storing carbon dioxide.
- CereCura Nanotherapeutics — CereCura Nanotherapeutics is developing novel RNA therapeutics for central nervous system disorders.
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.
Show more...Investment focus
- Industry: Software, Information Technology, Health Care
- Stage:Seed, Grant, Pre-Seed
- Geography: Canada, Australia, United States
Investor stats
- Total investments: 155
- Round size: Seed $50k–$3.1M; Grant $25k–$91k; Pre-Seed $18k–$878k
- Lead/follow: 34% lead, 66% follow
- Last fund: May invest from a new fund soon — raised $40M in 2016
Portfolio highlights
- Bright Breaks — Bright offer on-site and virtual amenities for companies and employees. whether your team is on-site, working from home, or in between.
- Planetary — Planetary restores the chemistry of seawater so it can do what it has always done: support life and protect the planet.
- CarbonCure Technologies — CarbonCure Technologies creates, develops, and licenses solutions that consume waste CO2 to make better concrete. It spurs the market shift towards affordable green concrete, by enabling concrete manufacturers to convert waste CO2 into solid minerals, locked away as a solid within concrete during manufacturing. It is a green building technologycompany currently serving concrete product manufacturers in the US and Canada. It offers concrete producers the ability to manufacture green concrete products without compromising on either quality or price.CarbonCure is a retrofit innovation that repurposes CO2 gas from large final emitters as a feedstock in concrete plants. The gas is permanently converted into embedded solid mineral carbonates that yield material, environmental, and production advantages. By enabling concrete manufacturers to consume CO2 into concrete products during manufacturing, the technology differentiates an otherwise traditional commodity concrete product, while achieving superior material performance characteristics. In addition to technology, CarbonCure provides demand-pull marketing and environmental reporting/certification services to reinforce its customers’ exclusive competitive positioning. The technology is licensed at a very low-CAPEX to concrete producers, generating a recurring revenue stream.CarbonCure Technologies was founded in 2007 and is headquartered in Halifax, Nova Scotia.
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.
Show more...Investment focus
- Industry: Health Care, Medical, Medical Device
- Stage:Seed, Pre-Seed
- Geography: Canada, China, United States
Investor stats
- Total investments: 57
- Round size: Seed $474k–$4.2M; Pre-Seed $256k–$1M
- Lead/follow: 5% lead, 95% follow
Portfolio highlights
- Qase — Qase is a B2B SaaS platform that reinvents how law firms and legal organizations manage legal referrals.
- 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.
- CereCura Nanotherapeutics — CereCura Nanotherapeutics is developing novel RNA therapeutics for central nervous system disorders.
Working with Ontario talent to develop World Class Companies Learn More
Show more...Investment focus
- Industry: Software, Artificial Intelligence, Health Care
- Stage:Seed, Pre-Seed, Series A
- Geography: Canada, United States
Investor stats
- Total investments: 162
- Round size: Seed $375k–$4M; Pre-Seed $368k–$1.5M; Series A $2.2M–$14M
- Lead/follow: 18% lead, 82% follow
Portfolio highlights
- SELL IT9 — Get top cash for your tech with SELLIT9, Canada's trusted trade-in service. Free same-day pickups, convenient drop-off locations, and pre-paid shipping labels nationwide. Fast, secure, and hassle-free!
- TimeSmart.AI — TimeSmart.AI provides a comprehensive solution developed with the guidance of physicians and compliance professionals to help improve organizational efficiencies.TimeSmart.AI delivers a robust, all-in-one solution crafted with input from physicians and compliance experts. It streamlines organizational workflows to boost efficiencies acrosshealthcare operations. Designed for real-world reliability, it helps teams save time while upholding the highest standards of care and regulation.
- Authentic Web — Authentic Web is a Corporate Domain Name Management platform for the New TLD Era.We equip enterprise teams in Digital, Marketing & IT with domain and DNS automation, providing business intelligence to support digital optimization and innovation for digital brands.Our workflow, automation and security protocols address Security andCompliance requirements for Risk, Compliance and IT Security teams to lock down domain assets and support teams to manage DNS network exposures.
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Show more...Investment focus
- Industry: Health Care, Medical Device, Medical
- Stage:Seed, Pre-Seed, Series A
- Geography: Canada, United States
Investor stats
- Total investments: 21
- Round size: Seed $571k–$5.5M; Pre-Seed $274k–$1.1M; Series A $5M–$15M
- Lead/follow: 5% lead, 95% follow
Portfolio highlights
- Modality.AI — 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.
- 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.
Ontario Centre of Innovation provides a preeminent research-to-commercialization vehicle in Ontario
Show more...Investment focus
- Industry: Health Care, Medical, Software
- Stage:Seed, Pre-Seed, Grant
- Geography: Canada, United States
Investor stats
- Total investments: 52
- Round size: Seed $366k–$3.2M; Grant $7.3k–$110k; Pre-Seed $146k–$2.3M
- Lead/follow: 40% lead, 60% follow
Portfolio highlights
- Synakis — Synakis patented a biodegradable hydrogel vitreous substitute that is injectable, non-cytotoxic in vitro and in vivo, low-swelling, stable, and optically transparent with a refractive index and density similar to those of the native vitreous.
- Medtech Canada — Medtech Canada provides safe and innovative medical technologies solutions.
- Kare Chemical Technologies — Kare specializes in the research, development, and commercialization of catalysts, precursors, and industrial processes to produce pure cannabinoids (for example, CBD, THC, CBN, and rare cannabinoids) that are chemically identical to plant‑derived versions but made via synthetic routes.
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.
Show more...Investment focus
- Industry: Health Care, Medical Device, Software
- Stage:Seed, Pre-Seed, Series A
- Geography: Canada, United States
Investor stats
- Total investments: 16
- Round size: Seed $1.6M–$5M; Pre-Seed $1.6M–$1.8M
- Lead/follow: 25% lead, 75% follow
Portfolio highlights
- Mesosil — Mesosil develops responsive antimicrobial materials to prevent infection at the medical device-tissue interface, with lifetime length of effect. Our technology is ideally suited for dental restoratives and dental implant surfaces. The result is greatly improved patient outcome with no change to practitioner workflow, reducing the likelihood ofrecurrent caries and detachment of dental restorations, or peri-implant wound infection that could result in implant loss and implant revision.
- 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.
We transform the most promising oncology innovations into highly competitive opportunities that benefit patients, researchers, investors, and Ontario's economy.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Medical Device
- Stage:Seed, Pre-Seed
- Geography: Canada, United States
Investor stats
- Total investments: 31
- Round size: Seed $1.5M–$8M
- Lead/follow: 26% lead, 74% follow
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.
- HDAX Therapeutics — HDAX Therapeutics novel modality unlocks a never-seen-before binding mechanism to key biological molecules.
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.
Show more...Investment focus
- Industry: Software, Manufacturing, Health Care
- Stage:Grant, Debt Financing, Seed
- Geography: Canada, United States, France
Investor stats
- Total investments: 208
- Round size: Seed $25k–$2M; Grant $33k–$2M; Debt Financing $141k–$1.1M
- Lead/follow: 82% lead, 18% follow
Portfolio highlights
- IGNITE — Ignite assists entrepreneurs at all stages, whether they are beginning a firm, growing it, or maintaining long-term success.Ignite has been leading an innovative and knowledge-based strategy to help individuals thrive and businesses prosper.
- PEI BioAlliance — PEI BioAlliance is a not-for-profit organization committed to the advancement of the bioscience industry. The BioAlliance has aided businesses, academic and research institutions, and federal and provincial government agencies in establishing the bioscience sector as a critical pillar in the province's and Atlantic Canada's economicfoundation. It facilitates the use of new technology through research and assists in the identification of new commercial opportunities. The PEI BioAlliance leads the Cluster of business, academic, research, and government organizations committed to increasing the economic impact of the bioscience sector in Prince Edward Island.
- The Halifax Honey — The Halifax Honey is a manufacturing company that provides sweet and spicy condiments made from wildflower honey and real chili peppers.
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.
Show more...Investment focus
- Industry: Software, Information Technology, Manufacturing
- Stage:Seed, Series A
- Geography: Canada, United States, Argentina
Investor stats
- Total investments: 288
- Round size: Seed $275k–$5M; Series A $3M–$16M
- Lead/follow: 44% lead, 56% follow
Portfolio highlights
- Vosker — Vosker provides remote area monitoring tech enabling you to take things further
- TickTrade Systems — smartTrade Technologies is a leading global provider with multi-asset electronic trading platforms, helping buy-side & sell-side institutions
- Renaissance Repair and Supply —
The Ontario Brain Institute works to establish Ontario as a world leader in brain research, commercialization and care.
Show more...Investment focus
- Industry: Health Care, Medical Device, Medical
- Stage:Grant, Seed
- Geography: Canada, United States, France
Investor stats
- Total investments: 53
- Round size: Seed $37k–$14M; Grant $50k–$100k
- Lead/follow: 62% lead, 38% follow
Portfolio highlights
- Cove Neurosciences — Cove Neurosciences are changing the way data is used to study the human brain. Cove Neurosciences is a brain data science's next generation.
- Pearl Interactives — Specializes in co-creating interactive media for children of all abilities for wellness, play, and learning. Our flagship product, a video game system called Bootle BlastTM, uses an innovative mixed reality technology to engage children and youth with neuromotor conditions in exercises that improve functional abilities.
- Raft Digital Therapeutics — Raft Digital Therapeutics constructs a virtual platform for assistance to allow unattended at-home programming. give patients an affordable option that promotes long-term follow-through by making exercise enjoyable. To create goods with enduring appeal, a team assembles industry, technical, and business specialists.
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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- Industry: Health Care, Biotechnology, Software
- Stage:Pre-Seed, Seed
- Geography: Canada, United States
Investor stats
- Total investments: 66
- Round size: Seed $73k–$8M; Pre-Seed $22k–$525k
- Lead/follow: 5% lead, 95% follow
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.
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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- Industry: Software, Health Care, Medical
- Stage:Seed, Pre-Seed
- Geography: Canada
Investor stats
- Total investments: 33
- Round size: Seed $1M–$5.2M; Pre-Seed $731k–$1.5M
- Lead/follow: 21% lead, 79% follow
- Last fund: Likely still investing — raised $20M in 2022
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.
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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- Industry: Software, Information Technology, Health Care
- Stage:Seed, Grant, Pre-Seed
- Geography: Canada, United States
Investor stats
- Total investments: 150
- Lead/follow: no public data
Portfolio highlights
- Uride — Welcome to Uride - your reliable and affordable ridesharing service with a community-focus. Enjoy the ease of quick pickups, lower fares, and a user-friendly app designed to make your travels smoother. Start riding today!
- FluidAI Medical — Real-Time Monitoring for Anastomotic Leaks with Origin, by FluidAI. Early data shows FluidAI's Origin can detect leaks an average of 1.6 days earlier.
- Novel Biotechnology — Novel Biotechnology is building high-throughput bacterial platforms for the biotech industry, with a focus on plasmid DNA manufacturing.
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Browse database — It's Free!Bluesky Equities is a Calgary based private investment firm.
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- Industry: Software, Analytics, SaaS
- Stage:Seed, Series A, Pre-Seed
- Geography: Canada, United States
Investor stats
- Total investments: 25
- Round size: Seed $500k–$3.3M; Pre-Seed $347k–$2M; Series A $4.4M–$22M
- Lead/follow: 8% lead, 92% follow
Portfolio highlights
- ResVR — B2B Proptech SaaS working with small and medium production home builders to help them sell more upgrades.
- Wisedocs — The Wisedocs platform makes it easy to sort, understand, and organize messy, unstructured medical, legal, and insurance documents.
- Nimble Science — small intestine sampling technology - Nimble Science
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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- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Series A, Seed
- Geography: Canada, United States, Japan
Investor stats
- Total investments: 409
- Round size: Seed $603k–$5M; Series A $3.3M–$17M
- Lead/follow: 27% lead, 73% follow
Portfolio highlights
- Sheertex — Sheertex - #1 Bestselling tights in the USA. Ultra-strong sheers engineered for durability and comfort, up to 10x more durable than others.
- Xanadu — Xanadu is a Canadian quantum computing company with the mission to build quantum computers that are useful and available to people everywhere.
- LeddarTech — The leader in environmental sensing, fusion and perception for automotive and mobility, LeddarTech delivers actionable data for autonomous driving and ADAS.
Built by founders, for founders. Garage Capital helps best-in-class companies jump from garage to growth.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Series A, Pre-Seed
- Geography: Canada, United States, South Africa
Investor stats
- Total investments: 133
- Round size: Seed $1.7M–$7.5M; Pre-Seed $765k–$3.6M; Series A $7.3M–$50M
- Lead/follow: 8% lead, 92% follow
Portfolio highlights
- tofu — tofu is an online marketplace for founders, hiring managers, and talent team leaders to find talent.
- Friendlier — Friendlier aims to reduce single-use plastic waste generated by disposable food packaging. We provide businesses with reusable plastic cups and containers, and take care of delivery, pick-up, and washing.
- Dominion Dynamics — Dominion Dynamics is an advanced technology firm building a dual-use, AI-driven Arctic sensing network designed for both military and civilian applications, focusing on seamless multi-domain coordination and persistent regional surveillance.
Join Angel One Investor Network: Your Path to Profitable Investments. Curated ventures, expert angel investors, and more. Take action now!
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- Industry: Software, SaaS, Internet
- Stage:Angel, Seed, Series A
- Geography: Canada, United States, Malaysia
Investor stats
- Total investments: 71
- Round size: Seed $100k–$2.3M; Angel $68k–$2M; Series A $1.1M–$7M
- Lead/follow: 10% lead, 90% follow
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.
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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- Industry: Software, Health Care, Medical
- Stage:Seed, Angel, Grant
- Geography: Canada, United States
Investor stats
- Total investments: 35
- Round size: Seed $500k–$2.4M; Angel $500k–$677k
- Lead/follow: 9% lead, 91% follow
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.
Women-powered capital building the Financial Feminist Economy.
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- Industry: Health Care, Information Technology, Fashion
- Stage:Seed, Grant, Pre-Seed
- Geography: Canada, United States
Investor stats
- Total investments: 58
- Round size: Seed $731k–$4.2M; Pre-Seed $677k–$1.6M
- Lead/follow: 17% lead, 83% follow
- Last fund: Likely still investing — fund raised in 2023
Portfolio highlights
- NLPatent — Accelerate productivity and uncover hidden insights with NLPatent's intuitive AI-powered patent research platform.
- NiaHealth — Get advanced at-home biomarker testing, proactive healthspan diagnostics, and expert guidance to elevate your health. HSA-eligible.
- Coral — Coral is a virtual care clinic that provides evidence-based, personalized support for perimenopause and menopause, weight loss and longevity.
Learn how we find, fund and support high-impact innovations
Show more...Investment focus
- Industry: Health Care, Medical Device, Biotechnology
- Stage:Grant, Debt Financing, Seed
- Geography: Canada, United States, India
Investor stats
- Total investments: 15
- Round size: Grant $100k–$3.3M; Debt Financing $731k–$11M
- Lead/follow: 47% lead, 53% follow
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.
- Karma Healthcare — Karman Healthcare are see a world where everyone has an opportunity and means to access equitable and affordable healthcare.
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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- Industry: Software, Health Care, Medical
- Stage:Seed, Series A
- Geography: Canada, United States
Investor stats
- Total investments: 59
- Round size: Seed $1M–$6.6M; Series A $951k–$12M
- Lead/follow: 29% lead, 71% follow
- Last fund: May invest from a new fund soon — raised $15M in 2020
Portfolio highlights
- Dryrun — From lightening fast data imports and automated forecasts, through to unmatched control to model out scenarios, Dryrun is the choice for CFOs managing cash flow for multi-million dollar businesses. Dryrun integrates with Sage Intacct, QuickBooks Online, Xero and Pipedrive.
- Fairly Staffing — On demand shift filling platform for dental offices and dental professionals.
- Chroma Technologies — Chroma Technologies provides financial technology and property solutions to enhance the rental experiences.
Pelorus Venture Capital focuses on investment for seed and early stage companies.
Show more...Investment focus
- Industry: Software, Health Care, Computer
- Stage:Seed, Pre-Seed
- Geography: Canada, United States
Investor stats
- Total investments: 26
- Round size: Seed $550k–$11M; Pre-Seed $439k–$1.3M
- Lead/follow: 42% lead, 58% follow
- Last fund: May invest from a new fund soon — last raise in 2015
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.
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.
Show more...Investment focus
- Industry: Software, Information Technology, Manufacturing
- Stage:Seed, Series A
- Geography: Canada, United States
Investor stats
- Total investments: 135
- Round size: Seed $805k–$5M; Series A $5.7M–$22M
- Lead/follow: 10% lead, 90% follow
- Last fund: May invest from a new fund soon — raised $120M in 2018
Portfolio highlights
- Vention — Design and order custom industrial equipment in days. Fast and easy-to-use cloud CAD, loaded with modular parts, that ship next day.
- 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
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Browse database — It's Free!Nimbus Synergies leads early-stage financings in innovative and complementary digital health companies in British Columbia. By bringing these companies together to share resources, industry specific knowledge, and relationships, Nimbus is accelerating their growth and increasing their likelihood of success. Nimbus is significantly impacting theburgeoning yet underserved digital health sector through its leadership as investor, partner, and mentor. It is one of the most exciting additions to the province’s technology industry and the newest member of Discovery Parks’ group of companies. By investing Discovery Parks’ assets in startups focused on the intersection between life sciences and technology, Nimbus aims to improve health through BC-led innovation.
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- Industry: Health Care, Software, Medical Device
- Stage:Seed, Series A
- Geography: Canada, United States
Investor stats
- Total investments: 19
- Round size: Seed $970k–$5.5M; Series A $5.9M–$7.3M
- Lead/follow: 63% lead, 37% follow
Portfolio highlights
- A&K Robotics — A&K Robotics | Autonomous Vehicle Systems
- EmergConnect — Home page - Localized information, services, and support for Canadian visitors.
- 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.
Zcube is the Research Venture of the Zambon Group. It was established in 2003 to explore innovation and research in the Life Science field on a global level. Zcube has three work streams: Zcare, Open Accelerator, investments in national and international funds. It supports the development and acceleration of innovative startups
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- Industry: Health Care, Medical Device, Medical
- Stage:Seed, Pre-Seed, Series B
- Geography: Italy, Canada, Lithuania
Investor stats
- Total investments: 5
- Round size: Seed $55k–$1.5M
- Lead/follow: 60% lead, 40% follow
Portfolio highlights
- Vilimed — Vilimed specialises in the development of medical devices like Vilim ball which is a therapeutic device developed for hand tremor reduction.
- PharmEste — PharmEste s.r.l., a biopharmaceutical company, engages in the discovery and development of transient receptor potential (TRP) channel therapeutics for the treatment of neuropathic pain, overactive bladder, and other TRP-mediated diseases. It develops PHE377, a TRPV1 antagonist for the treatment of neuropathic pain.
- Hyivy Health — Hyivy Health is working on the first smart pelvic health rehabilitation system for patients and the clinicians who treat them.
Desjardins Capital is a banking firm that offers practical tools, expert advice, and testimonial services. By making investments in the expansion and long-term success of regional companies, Desjardins Capital supports the long-term prosperity of individuals and their communities.
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- Industry: Manufacturing, Software, Information Technology
- Stage:Seed, Series A, Private Equity
- Geography: Canada
Investor stats
- Total investments: 37
- Round size: Seed $1M–$5.1M; Series A $9.3M–$30M
- Lead/follow: 38% lead, 62% follow
Portfolio highlights
- AON3D — AON3D is a manufacturer of high-temperature industrial 3D printers.The AON-M2, its flagship 3D printer, is a direct response to demands for hotter print conditions and the careful thermal control needed for producing strong and dimensionally stable parts from advanced materials. It offers an open filament platform that empowers users to choosethe right materials for their project and slash costs by avoiding expensive proprietary materials and license fees.Founders Andrew Walker, Randeep Singh, and Kevin Han established the company in 2015 in Montreal, Quebec.
- Relocalize — Relocalize is a food tech platform that produces, processes, and packages food locally using automated micro-factories.
- A3 Surfaces — A3 Surfaces Inc. offers a surface treatment service incorporating various antimicrobial agents directly into the anodized aluminum layer. The antimicrobial effect of these surfaces prevents the transmission of hospital-acquired infections. The technology used by A3 Surfaces offers antibacterial products that eradicate pathogens and can be used onall commercial, industrial or institutional surfaces. Founded in 2015, this Chicoutimi company employs 5 people.
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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- Industry: Software, Artificial Intelligence, Machine Learning
- Stage:Seed, Series A, Series B
- Geography: Canada, United States, United Kingdom
Investor stats
- Total investments: 210
- Round size: Seed $650k–$5M; Series A $2.2M–$22M; Series B $7M–$50M
- Lead/follow: 16% lead, 84% follow
- Last fund: May invest from a new fund soon — raised $132M in 2017
Portfolio highlights
- 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.
- DropGenie — DropGenie is building connected hardware to automate gene editing. They are accelerating the pace of discovery through the generation of standardized and compatible scientific information.
- Nord Quantique — Nord Quantique creates quantum processors based on second-generation technology.
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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- Industry: Manufacturing, Biotechnology, Software
- Stage:Series A, Series B
- Geography: Canada, United States, Israel
Investor stats
- Total investments: 222
- Round size: Series A $6.3M–$46M; Series B $7.5M–$75M
- Lead/follow: 44% lead, 56% follow
- Last fund: May invest from a new fund soon — last raise in 2016
Portfolio highlights
- Cook it — Cook it is a ready-to-cook meal company in Canada. Cook it's mission is to reduce food waste and to take away the inconvenience associated with weekly meal planning. The company delivers incredibly delicious and easily prepared meals that everyone can proudly cook.
- Carbicrete — CarbiCrete is a carbon removal technology company that enables the production of cement-free, decarbonized concrete.
- Flare — Flare equips your team to shut down cybercrime before it escalates. Detect, prioritize, and remediate external cyber threats with automated Threat Exposure Management.
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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- Industry: Health Care, Software, Enterprise Software
- Stage:Series A, Seed, Series B
- Geography: Canada, United States, Spain
Investor stats
- Total investments: 49
- Round size: Seed $717k–$5M; Series A $4.1M–$20M; Series B $8.3M–$54M
- Lead/follow: 55% lead, 45% follow
- Last fund: Likely still investing — raised $102M in 2021
Portfolio highlights
- Frugal —
- Future Fertility — OUR AI-POWERED ASSESSMENTS GUIDE PERSONALIZED FERTILITY TREATMENT DECISIONS IN OVER 180 CLINICS ACROSS 32 COUNTRIES
- Shoebox — Clearwater Clinical designs and manufactures innovative, affordable, medical-grade devices that apply the advantages of mobile technology to common clinical practices.
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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- Industry: Health Care, Biotechnology, Medical Device
- Stage:Series A, Seed, Debt Financing
- Geography: United States, Canada, Israel
Investor stats
- Total investments: 70
- Lead/follow: no public data
Portfolio highlights
- IsomAb — IsomAb evaluate and develop isoform specific antibodies to treat disease.
- Nyra Medical — MitraPlug has created a catheter-plug technology for repairing a leaky mitral valve in the heart.This adjustable device needs only a two-inch surgical incision and can be inserted directly into the heart. Then the cardiologist can use the catheter to adjust the size and position of the plug to correct the leakage. When correctly fitted, thecatheter is removed, and the incision is closed, leaving only a small scar.
- Cardiosense — Cardiosense offers a physiological waveform AI platform to develop predictive biomarkers for the detection and treatment of disease. Its platform leverages multi-modal sensors and industry-leading AI to develop predictive biomarkers for the detection and treatment of disease.
Zoic Capital is the only US-based venture firm focused on early-stage healthcare innovations at the intersection of life sciences and medical technology.Promising Scientific Advancements: We look for breakthroughs with the potential for broad IP and commercial-ready maturity. We invest in roadmaps that leverage a core innovation across manyapplications and industries.Focus on Life Sciences: We see the most exciting advancements coming from life sciences labs, becoming tools that maintain and treat our health. We look at both technologies that enable development and care delivery devices.We Follow the Numbers: We follow our gut, but we also reinforce each of our decisions with numbers. We believe that merging qualitative and quantitative analysis is the best way to make successful investment decisions.Mentored Capital: We have the skills, experience and network to help, working closely with select teams to transform research into high impact, market-ready products.Milestone-Based Investing: We craft unique deal structures for each portfolio company based on mutually defined milestones. We find this approach creates ongoing momuntum and sets us all up for success.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Medical
- Stage:Seed, Series A
- Geography: United States, Canada
Investor stats
- Total investments: 11
- Round size: Seed $2.9M–$4M
- Lead/follow: 55% lead, 45% follow
- Last fund: May invest from a new fund soon — raised $569k in 2020
Portfolio highlights
- Chromatan — ChromaTan is solving a major process bottleneck in therapeutic protein production while significantly lowering the cost of goods for biotech and contract manufacturing companies. Our CCTC platform provides an inexpensive column-free, continuous, and single-use solution that will replace large scale column chromatography processes used in biologicsmanufacturing. The platform has been through extensive beta testing with over a dozen of major biotech companies and has consistently shown a 5-15X increase in throughput at an equivalent or better product quality.
- ProbiusDx — At Probius, we are redefining biochemical analysis to drive research and advance healthcare.
- Trio Labs — The speed of metal additive manufacturing, the precision of CNC machining.
Metis Innovative was formed in 2017 as an investment vehicle for promising early stage medical devices and technology in the neurosciences.
Show more...Investment focus
- Industry: Medical, Medical Device, Marketing
- Stage:Series A, Seed, Series B
- Geography: United States, Canada
Investor stats
- Total investments: 7
- Round size: Series A $19M–$27M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Synchron — The endovascular brain computer interface.
- Fluid Biomed — Fluid Biotech is a Calgary based company that aims to develop the next generation of stents to improve patient well-being and realise better health and quality of life through innovation.
- Phantom Neuro — Phantom Neuro is leveraging advancements in neuroscience, surgery, artificial intelligence, and robotics to make lifelike control accessible to the general population.
Hustle Fund is a seed fund that invests in early-stage startups operating in software, business-to-business, fintech, and digital health sectors.
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- Industry: Software, FinTech, Financial Services
- Stage:Seed, Pre-Seed, Series A
- Geography: United States, Singapore, Canada
Investor stats
- Total investments: 420
- Round size: Seed $997k–$6.4M; Pre-Seed $100k–$2.5M; Series A $4M–$25M
- Lead/follow: 6% lead, 94% follow
Portfolio highlights
- Cloudoor — Cloudoor deploys and delivers your code to your customers without breaking things.
- BON Credit —
- EquityList — Equity management with online cap table management and employee stock option programs (ESOP) administration. Available free for Indian startups
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!Maple Leaf Angels are an experienced group of private investors looking for great entrepreneurs, great products and great companies. Bringing together investment, experience and knowledge, we help accelerate companies to become market leaders in their industry.We focus on four main investment areas as follows:- Information Technology- CleanTechnology- Advanced Manufacturing and Materials- Special Opportunities
Show more...Investment focus
- Industry: Health Care, Software, SaaS
- Stage:Seed, Pre-Seed, Angel
- Geography: Canada, United States
Investor stats
- Total investments: 40
- Lead/follow: no public data
Portfolio highlights
- Grüvi — Gruvi is a line of craft brewed alcohol-free beers & wines.
- Wyvern — Wyvern was created to unlock the secrets of the elec-tromagnetic spectrum by providing groundbreak-ing access to high-resolution and quality imagery.This will enable a sustainable future for humanity.
- EmergConnect — Emergconnect is creating the first ever digital 'front door' for patients seeking same day care.
Fusion Fund supports early-stage entrepreneurs who are looking to build globally disruptive companies using innovative technologies to drive systemic change.They are entering the next wave of technological advancement and foundational innovation is required to enable massive growth. With Fusion Fund’s technical and entrepreneurial backgrounds,we seek to support entrepreneurs who are building companies with strong technical barriers and advantages in their business models.
Show more...Investment focus
- Industry: Artificial Intelligence, Software, Health Care
- Stage:Seed, Series A
- Geography: United States, Canada, Norway
Investor stats
- Total investments: 118
- Lead/follow: no public data
Portfolio highlights
- Somite — Somite.ai is on a mission to transform the lives of millions of people by leveraging AI to produce human tissue for cell-based therapies.
- Memories.ai — Memories.ai is an innovative startup focused on developing a cutting-edge AI video analytics platform that leverages advanced machine learning and computer vision technologies to automatically analyze, interpret, and extract valuable insights from video content across various industries, including security, retail, entertainment, and more.
- Mojo Vision — Mojo Vision is a developer of augmented reality products and platforms intended to invent the future of computing. The company has developed a smart contact lens with a built-in display that gives timely information without interrupting the focus and delivers immediate, powerful, and relevant information without the intrusions of today'smobile devices, enabling users to connect with others at a glance, anytime, anywhere handsfree.Mojo Vision was founded in 2015 and headquartered in Saratoga, California.
Pallasite Ventures is an agile venture capital firm providing early-stage financing for high-growth companies across a variety of industries.
Show more...Investment focus
- Industry: Health Care, Software, Biotechnology
- Stage:Seed, Series A, Series C
- Geography: Canada, United States
Investor stats
- Total investments: 32
- Lead/follow: no public data
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.
At SGInnovate, our mission is to help entrepreneurial scientists build Deep Tech startups to solve the world hardest problems.
Show more...Investment focus
- Industry: Artificial Intelligence, Information Technology, Software
- Stage:Seed, Series A, Convertible Note
- Geography: Singapore, United States, Canada
Investor stats
- Total investments: 95
- Lead/follow: no public data
Portfolio highlights
- Syenta — Syenta is transforming the electronics manufacturing sector. Our patented fabrication method enables the 3D printing of multi-material electronics with fewer steps and less waste.
- Greenitio — Greenitio is transforming the industry with its AI-driven platform technology to produce functional biopolymers from abundant natural resources as a sustainable alternative to petrochemical polymers, all while preserving their inherent bioactivity and functions. Although natural biopolymers like plant proteins and polysaccharides can replacecertain synthetic polymers, in most cases, there's a scarcity of high-performance biopolymers with properties like oil-soluble, water-resistant, flexible, strength, etc and options that meet the required specifications are rare. Few candidates derived from bio-based monomers or chemical processes using natural small molecules fulfil these criteria, but their production often compromises bioactivity and biodegradability.In traditional chemistry, functionalizing biomacromolecules into useful biopolymers has been a complex challenge, often leading to low yields and high costs when balancing performance and bioactivity. However, Greenitio's innovative technology overcomes these hurdles by implementing a biogenic process. This groundbreaking approach converts low-value, underperforming biomacromolecules into high-value, high-performance functional biopolymers sustainably and affordably—previously deemed unattainable.Remarkably, Greenitio's methodology not only preserves but enhances the natural bioactivity of biomacromolecules, unlocking the boundless potential for innovation and possibilities. Our biopolymers offer superior bioactivity and health benefits that surpass synthetic alternatives. Competing technologies only prioritize performance. We proudly offer a rare combination of performance and bioactivity at an affordable price.
- Allay Therapeutics — SUPPORTING PATIENTS THROUGH EVERY PHASE OF RECUPERATION The first technology designed to deliver weeks of localized pain management
BoxOne Ventures is a privately held investment firm that focuses on early-stage companies across the most impactful, interesting and fast-changing sectors.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Software
- Stage:Seed, Pre-Seed, Series A
- Geography: Canada, United States, United Kingdom
Investor stats
- Total investments: 61
- Lead/follow: no public data
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.
Hike Ventures is a venture capital firm that invests in artificial intelligence and machine learning.
Show more...Investment focus
- Industry: Artificial Intelligence, Software, Information Technology
- Stage:Seed, Pre-Seed, Series A
- Geography: United States, Canada, Israel
Investor stats
- Total investments: 54
- Round size: Seed $1.1M–$6M; Pre-Seed $500k–$2.5M; Series A $8.2M–$152M
- Lead/follow: 11% lead, 89% follow
Portfolio highlights
- Pitstop — Pitstop is a cloud-based Prognostic Maintenance Platform that enables enterprises to leverage the wealth of information available from their vehicle fleets. Their data engine integrates Connected Vehicles, Dealerships, Fleet Manager, Tier 1 Suppliers, OEMs, Insurance Companies and the Aftermarket Supply Chain.
- Claybird — Claybird offers an AI video ad creation agent that plans, generates, edits, and publishes ad videos from concept to release.
- Ethosphere —
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.
Show more...Investment focus
- Industry: Manufacturing, Health Care, Information Technology
- Stage:Grant, Debt Financing
- Geography: Canada, United States, Germany
Investor stats
- Total investments: 118
- Lead/follow: no public data
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.
Natacor Inc. is a firm that provides financial and business advising as well as capital investments.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Medical Device
- Stage:Angel, Seed
- Geography: Canada, Australia
Investor stats
- Total investments: 10
- Lead/follow: no public data
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.
New emerging manager for deep technology and digital health
Show more...Investment focus
- Industry: Health Care, Software, Artificial Intelligence
- Stage:Seed, Pre-Seed, Series A
- Geography: Canada, United States, Denmark
Investor stats
- Total investments: 9
- Lead/follow: no public data
Portfolio highlights
- Modl.ai — modl.ai uses AI agents and analysts to automate game testing and QA. Find bugs, glitches, and performance issues faster. No SDKs or code needed to get started.
- Rentlogic — Rentlogic is a tech-enabled standards organization that grades every apartment building in New York City (A, B, C, and F) for health and safety. The grades are based on physical inspections and public data from city agencies. Rentlogic’s methodology was developed in collaboration with stakeholders from all facets of the housing sector to be fair,credible and objective.
- Prescryptive Health — Prescryptive Health is a digital health company focused on improving the prescription drug market
First Angel Network Association (FAN) is a not-for-profit organization formed to bridge the capital gap for companies with extraordinary potential in Atlantic Canada. Created by angel investors for angel investors, FAN provides entrepreneurs and investors with a confidential, disciplined, high-quality private equity investment experience. FAN alsodelivers education and networking opportunities in the areas of investment readiness, angel investing and commercialization.
Show more...Investment focus
- Industry: Health Care, Biotechnology, Medical
- Stage:Seed, Angel, Pre-Seed
- Geography: Canada
Investor stats
- Total investments: 9
- Lead/follow: no public data
Portfolio highlights
- WellTrack — WellTrack provides on-demand online therapy for stress, anxiety, and depression.
- Covina Biomedical — Covina Biomedical is a minimally invasive orthopaedics company producing injectable biomaterials that enhance quality of life. The company is developing its first platform product, a glass-based bone cement to enhance the longevity of orthopaedic implants. Using collaborative research approaches, and in partnership with end users, Covina Biomedicalhas created the first technology of its kind in the industry.
- Beauceron Security — Beauceron makes it faster, easier and less complex for organisations to measure, manage and monitor human-centric cyber risk. Their comprehensive, automated cybersecurity platform covers cybersecurity education, social engineering simulations, executive surveys, and dashboards as well as business process, and technology gap assessment and analysis.
Medical Device VC funding in Canada at a glance
Stats across 513 deals from 476 investors.
Access all 476 VC funds in Canada Medical Device startups.
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