Top 50 Medical VC Funds & Investors in Canada (June 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
Anges Quebec
VC Fund
|
14 | Canada, Spain, United States | Seed, Angel | Software, Health Care, Artificial Intelligence | $366k–$3.1M |
|
Innovate Calgary
VC Fund
|
12 | Canada, United States | Seed, Pre-Seed | Health Care, Medical, Medical Device | $73k–$1.9M |
|
Innovacorp
VC Fund
|
10 | Canada, Australia, United States | Seed, Grant, Pre-Seed | Software, Information Technology, Health Care | $18k–$3.1M |
|
iGan Partners
VC Fund
|
9 | Canada, United States, United Kingdom | Seed, Series A | Health Care, Medical, Software | $1.9M–$17M |
|
Threshold Impact
VC Fund
|
9 | Canada, United States | Seed, Pre-Seed, Series A | Health Care, Medical, Medical Device | $90k–$15M |
|
SOSV
VC Fund
|
8 | United States, India, United Kingdom | Seed, Convertible Note, Pre-Seed | Biotechnology, Health Care, Software | |
|
Amplitude Venture Capital
VC Fund
|
7 | Canada, United States, Israel | Series A, Series B, Seed | Biotechnology, Health Care, Life Science | $2.9M–$85M |
|
Accelerate Fund
VC Fund
|
7 | Canada, United States | Seed, Series A | Software, Health Care, Medical | $951k–$12M |
|
GreenSky Ventures
VC Fund
|
7 | Canada, United States, United Kingdom | Seed, Series A | Software, Information Technology, Health Care | $675k–$5M |
|
Startup TNT
VC Fund
|
6 | Canada, United States | Pre-Seed, Seed, Series B | Software, Health Care, Medical Device | $23k–$2M |
|
MaRS Investment Accelerator Fund
VC Fund
|
6 | Canada, United States | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, Health Care | $375k–$14M |
|
Thin Air Labs
VC Fund
|
6 | Canada | Seed, Pre-Seed | Software, Health Care, Medical | $731k–$5.1M |
|
BDC Venture Capital
VC Fund
|
6 | Canada, United States, Japan | Series A, Seed | Software, Information Technology, Artificial Intelligence | $603k–$16M |
|
BoxOne Ventures
VC Fund
|
6 | Canada, United States, United Kingdom | Seed, Pre-Seed, Series A | Biotechnology, Health Care, Software | $274k–$41M |
|
Boutique Venture Partners
VC Fund
|
6 | United States, Canada, France | Seed, Series A, Pre-Seed | Health Care, Medical, Biotechnology | $2.5M–$31M |
|
Radical Ventures
VC Fund
|
5 | United States, Canada, United Kingdom | Seed, Series A, Series B | Artificial Intelligence, Software, Information Technology | $1.8M–$200M |
|
Capital Angel Network
VC Fund
|
5 | Canada, United States | Seed, Angel | Software, SaaS, Artificial Intelligence | $10k–$5M |
|
WUTIF
VC Fund
|
5 | Canada | Seed, Pre-Seed, Series A | Software, Health Care, Biotechnology | $100k–$3.8M |
|
Desjardins Venture Capital
VC Fund
|
5 | Canada, United States | Seed, Series A | Software, Information Technology, Manufacturing | $805k–$22M |
|
Genesys Capital
VC Fund
|
5 | Canada, United States | Series A, Series B | Biotechnology, Health Care, Medical | $1.8M–$105M |
|
Ontario Centre of Innovation
VC Fund
|
5 | Canada, United States | Seed, Pre-Seed, Grant | Health Care, Medical, Software | $7.3k–$3.1M |
|
OrbiMed
VC Fund
|
5 | United States, China, Israel | Series B, Series A, Series C | Biotechnology, Health Care, Medical | $10M–$150M |
|
Lumira Ventures
VC Fund
|
5 | United States, Canada | Series A, Series B | Biotechnology, Health Care, Medical | $2.9M–$75M |
|
Atlantic Canada Opportunities Agency
VC Fund
|
5 | Canada, United States, France | Grant, Debt Financing, Seed | Software, Manufacturing, Information Technology | $25k–$2M |
|
Golden Triangle Angel Network
VC Fund
|
4 | Canada, United States | Seed, Angel, Grant | Software, Health Care, Medical | $500k–$2.4M |
|
Amplify Capital
VC Fund
|
4 | Canada, United States, India | Seed, Series A, Pre-Seed | Health Care, Education, Artificial Intelligence | $1.1M–$28M |
|
Leva Capital
VC Fund
|
4 | Canada | Seed, Pre-Seed, Series A | Health Care, Medical, Music | $878k–$15M |
|
Bluesky Equities
VC Fund
|
4 | Canada, United States | Seed, Series A, Pre-Seed | Software, Analytics, Information Technology | $347k–$22M |
|
VA Angels
VC Fund
|
4 | Canada, United States, India | Seed, Debt Financing | Health Care, Software, Information Technology | $110k–$1.5M |
|
Angel One Network
VC Fund
|
4 | Canada, United States, Malaysia | Angel, Seed, Series A | Software, SaaS, Internet | $68k–$7M |
|
Business Development Bank of Canada
VC Fund
|
4 | Canada, United States, Argentina | Seed, Series A | Software, Information Technology, Manufacturing | $275k–$15M |
|
Cur8 Capital
VC Fund
|
4 | United Kingdom, Canada, United States | Seed, Pre-Seed, Series A | Artificial Intelligence, Software, FinTech | $600k–$19M |
|
MEDTEQ+
VC Fund
|
4 | Canada | Seed, Series A | Health Care, Medical Device, Biotechnology | $350k–$18M |
|
Garage Capital
VC Fund
|
4 | Canada, United States, South Africa | Seed, Series A, Pre-Seed | Software, Information Technology, Artificial Intelligence | $800k–$50M |
|
Real Ventures
VC Fund
|
4 | Canada, United States, United Kingdom | Seed, Series A, Series B | Software, Artificial Intelligence, Machine Learning | $650k–$50M |
|
FACIT
VC Fund
|
4 | Canada, United States | Seed, Pre-Seed | Biotechnology, Health Care, Medical | $1M–$8M |
|
Toronto Innovation Acceleration Partners
VC Fund
|
4 | Canada, United States | Pre-Seed, Seed | Health Care, Biotechnology, Software | $22k–$8M |
|
Graphene Ventures
VC Fund
|
4 | United States, Brazil, United Kingdom | Seed, Series A, Series F | Software, E-Commerce, Health Care | $1.3M–$27M |
|
GrowthWorks Capital
VC Fund
|
3 | Canada, United States, United Kingdom | Series B, Series A | Software, Biotechnology, Health Care | $1.6M–$21M |
|
Government Of Quebec
VC Fund
|
3 | Canada, Germany | Grant, Debt Financing | Manufacturing, Health Care, Artificial Intelligence | |
|
Ontario Centres of Excellence
VC Fund
|
3 | Canada, United States | Seed, Grant, Pre-Seed | Software, Information Technology, Health Care | |
|
DCVC Bio
VC Fund
|
3 | United States, United Kingdom, Canada | Series A, Seed, Series B | Biotechnology, Therapeutics, Medical | |
|
First Angel Network
VC Fund
|
3 | Canada | Seed, Angel, Pre-Seed | Health Care, Medical, Biotechnology | |
|
East Valley Ventures
VC Fund
|
3 | Canada, United States | Seed, Angel | Software, Information Technology, SaaS | |
|
Kyto Technology and Life Science Inc
VC Fund
|
3 | United States, Canada | Seed, Series A | Health Care, Biotechnology, Medical | |
|
Ontario Brain Institute
VC Fund
|
3 | Canada, United States, France | Grant, Seed | Health Care, Medical Device, Medical | $37k–$14M |
|
1517 Fund
VC Fund
|
3 | United States, Canada, India | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, Health Care | $250k–$41M |
|
Pelorus Venture Capital
VC Fund
|
3 | Canada, United States | Seed, Pre-Seed | Software, Health Care, Computer | $439k–$2.3M |
|
E-Fund
VC Fund
|
3 | Canada, China, United States | Seed, Pre-Seed | Health Care, Medical Device, Medical | $256k–$4.2M |
|
Version One Ventures
VC Fund
|
3 | United States, Canada, United Kingdom | Seed, Series A, Series B | Software, Internet, Blockchain | $1.4M–$55M |
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Show more...Investment focus
- Industry: Software, Health Care, Artificial Intelligence
- Stage:Seed, Angel
- Geography: Canada, Spain, United States
Investor stats
- Total investments: 154
- Round size: Seed $805k–$3.1M; 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.
- Opalia — Opalia is introducing a new era of dairy: functional, delicious, and sustainable dairy made from mammary cells.
- Gray Oncology Solutions — Gray Oncology Solution is a healthcare enterprise software company that commercializes GrayOS, the operating system for oncology.
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: 36
- Round size: Seed $878k–$1.9M; Pre-Seed $73k–$428k
- Lead/follow: 6% lead, 94% follow
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.
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.
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, Medical, Software
- Stage:Seed, Series A
- Geography: Canada, United States, United Kingdom
Investor stats
- Total investments: 46
- Round size: Seed $1.9M–$5M; Series A $4M–$17M
- Lead/follow: 43% lead, 57% 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.
- 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.
Sustainable, Profitable Impact Investing
Show more...Investment focus
- Industry: Health Care, Medical, Medical Device
- Stage:Seed, Pre-Seed, Series A
- Geography: Canada, United States
Investor stats
- Total investments: 17
- Round size: Seed $90k–$5.5M; Pre-Seed $274k–$1.1M; Series A $5M–$15M
- Lead/follow: 6% lead, 94% follow
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.
SOSV is a global, deep tech venture capital firm that operates the HAX and IndieBio startup development programs focused on human and planetary health. SOSV invests $500,000 in startups at their inception as they onboard either HAX or IndieBio for a 4-6 month period designed to accelerate the raise of their next institutional round. SOSV joins thelater rounds of HAX and IndieBio graduates. HAX, based in a 35,000 sq ft facility in Newark, NJ, is equipped with machine tools, 3D printers, chemical, electrical and mechanical engineering labs, as well as on-staff engineering and design experts. SOSV's IndieBio has locations in NYC and San Francisco, both of which offer extensive services and facilities to founders including on-site BSL-2 labs, well equipped lab benches and hoods, and advanced lab equipment, such as chromatography equipment.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Software
- Stage:Seed, Convertible Note, Pre-Seed
- Geography: United States, India, United Kingdom
Investor stats
- Total investments: 1482
- Lead/follow: no public data
Portfolio highlights
- MixRift — MIXRIFT - game developers specialized in Mixed Reality
- unspun — From 3D scan to perfect fitting custom jeans. unspun makes each pair of jeans unique to your actual body and design. On a mission to reduce global carbon emissions by 1%. As seen in Fast Company's World Changing Ideas, Time's Best Inventions, and PopSci's Best of What's New. Welcome to the future of apparel.
- Mesa Quantum — Unlock the potential of chip-scale quantum sensing for enhanced Position, Navigation, And Timing capabilities. Explore Mesa Quantum's practical solutions.
Amplitude Ventures is a full-stack venture capital firm focused on investing in precision medicine at the intersection of biology. and AI
Show more...Investment focus
- Industry: Biotechnology, Health Care, Life Science
- Stage:Series A, Series B, Seed
- Geography: Canada, United States, Israel
Investor stats
- Total investments: 31
- Round size: Seed $6.6M–$12M; Series A $2.9M–$85M; Series B $35M–$83M
- Lead/follow: 39% lead, 61% follow
- Last fund: May invest from a new fund soon — raised $146M in 2019
Portfolio highlights
- Deep Genomics — Revolutions in AI, biology and automation are enabling a new approach to medicine. Deep Genomics is at the forefront.
- Reverb Therapeutics — Reverb Therapeutics engages in the development of treatments for cancer and other diseases.
- Congruence Therapeutics — ABOUT US We are a drug discovery company that is uniquely harnessing the power of protein dynamics, biophysics, machine learning and computational chemistry. Our Science Traditional drug design is limited At Congruence,
Accelerate Fund supports the growth of early-stage Alberta technology companies with a multi million dollar fund that combines co-investment from angel investors.
Show more...Investment focus
- Industry: Software, Health Care, Medical
- Stage:Seed, Series A
- Geography: Canada, United States
Investor stats
- Total investments: 57
- Round size: Seed $1M–$6.6M; Series A $951k–$12M
- Lead/follow: 26% lead, 74% follow
- Last fund: May invest from a new fund soon — raised $15M in 2020
Portfolio highlights
- Kiwi Grocery — Kiwi Grocery cuts out the grocery store and delivers direct to your door. That means you pay less for your groceries and save on costly service fees. Kiwi users save 35% on their grocery checkout totals compared to other delivery apps.
- Truffle — Truffle enables restaurants of all sizes to empower their teams, increase profits, and provide a smart dining experience that customers expect, with tools to manage your restaurant in a single platform. Truffle offers restaurants flexible tools to expand into Point of Sale, Online Ordering, Table Side, Delivery Management, Automated Pickup, TableReservations and Guest Marketing.
- 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.
GreenSky Ventures is a Toronto-based firm that makes investments in early-stage Canadian technology companies.GreenSky Ventures seeks early-stage B2B technology companies in Canada, emphasizing protectable IP and experienced management. It makes investments in early-stage technology companies through its affiliated venture capital funds, GreenSkyAccelerator Fund I, II and III. Their principals bring a unique combination of experience in technology, law, and finance to high-growth potential companies and dedicated entrepreneurs.GreenSky Capital was founded in Toronto, Ontario in 2010 by Geoff Simonett and Michael T. R. List.
Show more...Investment focus
- Industry: Software, Information Technology, Health Care
- Stage:Seed, Series A
- Geography: Canada, United States, United Kingdom
Investor stats
- Total investments: 64
- Round size: Seed $675k–$5M; Series A $2.3M–$4.4M
- Lead/follow: 69% lead, 31% follow
- Last fund: Likely still investing — fund raised in 2023
Portfolio highlights
- Assetflo — Assetflo provides mobile IoT solutions for tracking the precise location from tracking applications.
- Stratly — Boost your donation revenue, centralize data, and deepen donor engagement with Stratly's all-in-one fundraising platform.
- BioAlert Solutions — Innovative real-time Legionella detection system for industrial facilities. Lower operational costs and meet regulatory compliance.
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: 53
- Round size: Seed $51k–$2M; Pre-Seed $23k–$439k
- Lead/follow: 30% lead, 70% 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.
- 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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Show more...Investment focus
- Industry: Software, Artificial Intelligence, Health Care
- Stage:Seed, Pre-Seed, Series A
- Geography: Canada, United States
Investor stats
- Total investments: 156
- Round size: Seed $375k–$3.8M; Pre-Seed $549k–$1.2M; Series A $2.2M–$14M
- Lead/follow: 17% lead, 83% follow
Portfolio highlights
- 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.
- SYMX.AI — Digitally Transforming the Resource Industry in Real-Time with End-to-End Actionable Data Insights
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.
Show more...Investment focus
- Industry: Software, Health Care, Medical
- Stage:Seed, Pre-Seed
- Geography: Canada
Investor stats
- Total investments: 33
- Round size: Seed $1M–$5.1M; 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.
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.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Series A, Seed
- Geography: Canada, United States, Japan
Investor stats
- Total investments: 401
- Round size: Seed $603k–$5M; Series A $3.1M–$16M
- Lead/follow: 27% lead, 73% follow
Portfolio highlights
- Arteria AI — Arteria unlocks the power of your contracts by helping you to generate, negotiate and turn your executed contracts into data that allow you to diagnose problems, identify opportunities and drive value for your organization.
- Augmenta Inc. — Design sustainable, code compliant and fully constructible buildings in hours.
- 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.
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: 64
- Round size: Seed $1.1M–$8.7M; Pre-Seed $274k–$2M; Series A $717k–$41M
- Lead/follow: 9% lead, 91% follow
Portfolio highlights
- DrugBank — DrugBank augments human intelligence to improve the world’s health. Our suite of products are powered by the world’s most complete and up-to-date pharmaceutical knowledge database. It includes everything there is to know about drugs and how they work in the body. We enable companies to improve healthcare delivery through precision medicine orclinical software applications, as well as uncover insights through data science in drug discovery. Our knowledge base can be integrated into software solutions to help achieve clinical intelligence. Companies can easily scale their usage through our API and launch faster with flexible data modules. By providing users with advanced insights and the right information at the right time, users are empowered to make better health decisions.Our extensive, structured datasets are used to discover novel drug candidates, identify drug repurposing opportunities, and build predictive machine learning models. Companies working with data science can find answers quickly and get drugs to market faster with our evidence-based drug information. Lastly, our publicly available resource, DrugBank Online, is free-to-use with limited datasets available for download for academic and non-commercial researchers. DrugBank has been cited in over 13,000 academic publications and is used by millions of researchers and health professionals globally.
- Axonis Therapeutics — AXONIS Therapeutics, Inc. is advancing breakthrough discoveries to develop first-in-class therapies for neurological disorders.
- Vivid Machines — Digitizing permanent crop production | Vivid Machines | Ontario
Boutique Venture Partners specializes in early-stage investments in healthcare and life sciences
Show more...Investment focus
- Industry: Health Care, Medical, Biotechnology
- Stage:Seed, Series A, Pre-Seed
- Geography: United States, Canada, France
Investor stats
- Total investments: 35
- Round size: Seed $2.5M–$5.8M; Series A $4M–$31M
- Lead/follow: 11% lead, 89% follow
- Last fund: May invest from a new fund soon — last raise in 2020
Portfolio highlights
- QMENTA — Our industry-leading neuroimaging cloud-based software works with advanced AI-powered tools to empower researchers, radiologists, and clinical trials.
- miRecule — MiRecule is an early-stage biotechnology company that focuses on developing microRNA-based therapeutics. It features a genomic-based drug development platform that integrates genomic sequencing, expression, and prognostic data from cancer patients. The company was founded in 2016 and headquartered in Gaithersburg, United States.
- Surge — SurgeCare leverages immune profiling and AI to reveal early immune signatures and drive better decisions in surgery, trauma, infection, and beyond.
Radical Ventures invests in the future of how we live, work and play, partnering with founders who understand the transformational power of AI.
Show more...Investment focus
- Industry: Artificial Intelligence, Software, Information Technology
- Stage:Seed, Series A, Series B
- Geography: United States, Canada, United Kingdom
Investor stats
- Total investments: 115
- Round size: Seed $1.8M–$27M; Series A $7M–$53M; Series B $30M–$200M
- Lead/follow: 49% lead, 51% follow
Portfolio highlights
- P-1 AI — P-1 AI is a technology company focused on developing an artificial general engineering intelligence (AGEI) designed to help humanity design physical systems with far greater efficiency and complexity than currently possible.
- Covariant — Covariant is a developer of artificial intelligence for robotics. Covariant is building the Covariant Brain, a universal AI to give robots the ability to see, reason and act on the world around them.
- Lisa Health — Midday is a science-backed, personalized menopause app that supports women on their menopause and healthy aging journey. Manage symptoms and midlife health, track your menopause stage and symptoms, and access menopause specialists, therapeutic support, and education.
Our goal is to build the region's entrepreneurial community, to make the region the best place to start a business and to facilitate access to investment opportunities for qualified investors.
Show more...Investment focus
- Industry: Software, SaaS, Artificial Intelligence
- Stage:Seed, Angel
- Geography: Canada, United States
Investor stats
- Total investments: 97
- Round size: Seed $183k–$5M; Angel $10k–$2M
- Lead/follow: 18% lead, 82% follow
Portfolio highlights
- Xatoms — At Xatoms, we clean water with Quantum Chemistry and AI, revolutionizing water purification for communities worldwide. Our innovative approach rapidly identifies new, sustainable materials to remove harmful pollutants and pathogens. We aim to alleviate the burden on women and girls in underrepresented communities, transforming the global landscape of water accessibility and empowering a more equitable world. Xatoms is at the forefront of combining scientific innovation with social change.
- Virica Biotech — Viral Sensitizers (VSE) for drug developers and manufacturers are small molecules that improve viral yields and effectiveness by reducing the antiviral defences on a cellular level.
- Afynia Laboratories — Aima Laboratories is a women's health healthcare company that provides innovative solutions to diagnostic and therapeutic difficulties. AIMA is working on the first non-invasive endometriosis diagnostic tool for the market. If you have chronic pelvic/period pain or are having difficulty becoming pregnant, you may have endometriosis.
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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- Industry: Software, Health Care, Biotechnology
- Stage:Seed, Pre-Seed, Series A
- Geography: Canada
Investor stats
- Total investments: 72
- Round size: Seed $100k–$3.8M; Pre-Seed $256k–$1.2M
- Lead/follow: 10% lead, 90% 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.
- 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.
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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- Industry: Software, Information Technology, Manufacturing
- Stage:Seed, Series A
- Geography: Canada, United States
Investor stats
- Total investments: 134
- 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
- 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.
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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- Industry: Biotechnology, Health Care, Medical
- Stage:Series A, Series B
- Geography: Canada, United States
Investor stats
- Total investments: 33
- Round size: Series A $1.8M–$21M; Series B $20M–$105M
- Lead/follow: 15% lead, 85% follow
- Last fund: May invest from a new fund soon — raised $125M in 2016
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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Browse database — It's Free!Ontario Centre of Innovation provides a preeminent research-to-commercialization vehicle in Ontario
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- Industry: Health Care, Medical, Software
- Stage:Seed, Pre-Seed, Grant
- Geography: Canada, United States
Investor stats
- Total investments: 44
- Round size: Seed $366k–$3.1M; Grant $7.3k–$110k; Pre-Seed $146k–$2.3M
- Lead/follow: 34% lead, 66% follow
Portfolio highlights
- Quthero — Accelerating the ways we treat wounds today - from passive to rapid, & healthy wound management
- Noa Therapeutics — Defying the convention of traditional drug development to revolutionize treatment options for complex inflammatory skin diseases.
- 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.
Leading Global Healthcare Platform with Deep Proprietary Resources and Global Industry Coverage.
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- Industry: Biotechnology, Health Care, Medical
- Stage:Series B, Series A, Series C
- Geography: United States, China, Israel
Investor stats
- Total investments: 576
- Round size: Series A $10M–$116M; Series B $24M–$150M; Series C $15M–$131M
- Lead/follow: 35% lead, 65% follow
- Last fund: Likely actively investing — fund raised in 2025
Portfolio highlights
- Sonendo — Sonendo developing innovative technologies to transform dentistry by Saving Teeth Through Sound Science®. The GentleWave® System shows significant improvements in clinical efficacy and practice efficiency when compared to standard root canal treatment.1,2, 3 Sonendo is the parent company of TDO® Software, the developer of the most widely usedendodontic practice management software in the world, designed to simplify practice workflow. TDO software seamlessly integrates practice management, imaging, social media, referral reporting, CBCT imaging, and offers built-in communication with the GentleWave System.
- resTORbio — Restore Beauty - Rethink Bio
- Caris Life Sciences — Caris fulfills the promise of precision oncology through advanced laboratory testing, including tumor profiling and blood-based cancer diagnostics.
Lumira Ventures, a later stage VC, partners & invests in best-in-class innovative biotherapeutic & medtech entrepreneurs building transformative companies.
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- Industry: Biotechnology, Health Care, Medical
- Stage:Series A, Series B
- Geography: United States, Canada
Investor stats
- Total investments: 111
- Round size: Series A $2.9M–$62M; Series B $12M–$75M
- Lead/follow: 29% lead, 71% follow
- Last fund: Likely still investing — fund raised in 2022
Portfolio highlights
- Specific Biologics — Specific Biologics' mission is to develop novel gene editing technologies to treat diseases at the genetic level in cells inside the body.
- KisoJi Biotechnology — KisoJi is a leading next-generation antibody company developing multi-specific antibodies to address difficult targets in oncology and other diseases
- XyloCor Therapeutics — XyloCor Therapeutics is a bio-pharmaceutical company intended to develop gene therapy for people with advanced coronary artery disease. The company's service focuses on developing gene therapy to stimulate the formation of new coronary blood vessels and serve areas of the heart that are not receiving adequate blood supply, enabling patientswith refractory angina who exhausted pharmacologic options to cure their cardiovascular diseases painlessly and cost effectively.
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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- Industry: Software, Manufacturing, Information Technology
- Stage:Grant, Debt Financing, Seed
- Geography: Canada, United States, France
Investor stats
- Total investments: 206
- Round size: Seed $25k–$2M; Grant $30k–$2M; Debt Financing $138k–$1.1M
- Lead/follow: 82% lead, 18% follow
Portfolio highlights
- Greenii — Greenii provides recycling services for paper bags. They offer services that include newsprint paper bags, kraft paper bags, logo printing, crinkle paper shreds, and shredded cardboard.
- ReelData AI — ReelData AI provides artificially intelligent monitoring for finned fish aquaculture. It delivers weight distributions, feeding analysis, health analysis, and growth analysis
- RFINE Biomass Solutions — RFINE Biomass Solutions is to make coffee waste sustainable and delightful.
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.
Invest in transformational technologies that can achieve large scale solutions globally.
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- Industry: Health Care, Education, Artificial Intelligence
- Stage:Seed, Series A, Pre-Seed
- Geography: Canada, United States, India
Investor stats
- Total investments: 42
- Round size: Seed $1.1M–$5M; Pre-Seed $1.1M–$2.3M; Series A $7.3M–$28M
- Lead/follow: 31% lead, 69% follow
- Last fund: May invest from a new fund soon — raised $22M in 2020
Portfolio highlights
- Sprout Labs — EarlyBird helps educators identify children at risk for reading difficulties, like dyslexia, at a time when intervention is most effective.
- Pathway Medical — Pathway is an accurate and efficient point-of-care reference tool that gives you rapid access to evidence-based guideline summaries, interactive algorithms, key findings from landmark trials, clinical calculators, and more. Available anytime, anywhere.
- BioIntelligence Technologies — Industrie 4.0 - Enabling intelligent biomanufacturing: from R&D to production. Real-time optimization of cell cultures and fermentations.
Leva Capital invests in privately owned businesses within the healthcare sector in Canada, from startups to medium sized companies looking to partner and leverage our full toolbox, not only the funds.
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- Industry: Health Care, Medical, Music
- Stage:Seed, Pre-Seed, Series A
- Geography: Canada
Investor stats
- Total investments: 10
- Round size: Seed $1.9M–$3.6M; Pre-Seed $878k–$2.3M; Series A $10M–$15M
- Lead/follow: 0% lead, 100% follow
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.
- Northernmost — Northernmost is a company that develops machines that protect and transport donated kidneys for transplantation.
- 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.
Bluesky Equities is a Calgary based private investment firm.
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- Industry: Software, Analytics, Information Technology
- Stage:Seed, Series A, Pre-Seed
- Geography: Canada, United States
Investor stats
- Total investments: 23
- Round size: Seed $500k–$3.3M; Pre-Seed $347k–$2M; Series A $4.4M–$22M
- Lead/follow: 9% lead, 91% follow
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.
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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- Industry: Health Care, Software, Information Technology
- Stage:Seed, Debt Financing
- Geography: Canada, United States, India
Investor stats
- Total investments: 109
- Round size: Seed $110k–$1.5M
- Lead/follow: 3% lead, 97% follow
- Last fund: May invest from a new fund soon — last raise in 2015
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
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.
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Browse database — It's Free!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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- Industry: Software, Information Technology, Manufacturing
- Stage:Seed, Series A
- Geography: Canada, United States, Argentina
Investor stats
- Total investments: 257
- Round size: Seed $275k–$5M; Series A $3M–$15M
- Lead/follow: 40% lead, 60% follow
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.
- Quadshift — Quadshift provides software solutions to thousands of businesses in a variety of vertical markets by acquiring and building great B2B software companies and holding them for the long term.
- Tracktile — Tracktile lets you configure your manufacturing operation through inventory and production software. Gain full visibility into your operation. Talk To Us!
Invest in High-Growth Startups
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- Industry: Artificial Intelligence, Software, FinTech
- Stage:Seed, Pre-Seed, Series A
- Geography: United Kingdom, Canada, United States
Investor stats
- Total investments: 65
- Round size: Seed $1.4M–$6.1M; Pre-Seed $600k–$5.5M; Series A $6.3M–$19M
- Lead/follow: 6% lead, 94% follow
- Last fund: Likely actively investing — fund raised in 2024
Portfolio highlights
- GoCab — GoCab is fintech solution providing Drive-to-own option for vehicle purchase in Emerging markets, helping to bridge the gap between mobility entrepreneurs and financial services.
- Tewke — Tewke is a London based company that was founded in 2020 developing technology to deliver energy savings through AI enabled home automation. Tewke's mission is to reduce energy consumption in homes whilst elevating everyone's living experience.Tewke's first product, Tap, is an intelligent light switch that can be installed into anyhome without rewiring. This acts as the backbone of Tewke's energy control and home automation platform, and has already won international awards, such as the Red Dot Design Award.
- ODIN Space — ODIN Space provides mission-critical intelligence for the entire Space sector,
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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- Industry: Health Care, Medical Device, Biotechnology
- Stage:Seed, Series A
- Geography: Canada
Investor stats
- Total investments: 29
- Round size: Seed $350k–$4M; Series A $2.9M–$18M
- Lead/follow: 48% lead, 52% 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.
- 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
Built by founders, for founders. Garage Capital helps best-in-class companies jump from garage to growth.
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- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Series A, Pre-Seed
- Geography: Canada, United States, South Africa
Investor stats
- Total investments: 119
- Round size: Seed $1.6M–$7M; Pre-Seed $800k–$3.6M; Series A $7.3M–$50M
- Lead/follow: 8% lead, 92% follow
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
- tofu — tofu is an online marketplace for founders, hiring managers, and talent team leaders to find talent.
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: 207
- Round size: Seed $650k–$5M; Series A $2.2M–$22M; Series B $2.8M–$50M
- Lead/follow: 16% lead, 84% follow
- Last fund: May invest from a new fund soon — raised $132M in 2017
Portfolio highlights
- 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.
- Nord Quantique — Nord Quantique creates quantum processors based on second-generation technology.
We transform the most promising oncology innovations into highly competitive opportunities that benefit patients, researchers, investors, and Ontario's economy.
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- Industry: Biotechnology, Health Care, Medical
- Stage:Seed, Pre-Seed
- Geography: Canada, United States
Investor stats
- Total investments: 29
- Round size: Seed $1M–$8M
- Lead/follow: 21% lead, 79% 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.
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: 60
- 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.
Graphene - venture fund for innovative startups.
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- Industry: Software, E-Commerce, Health Care
- Stage:Seed, Series A, Series F
- Geography: United States, Brazil, United Kingdom
Investor stats
- Total investments: 49
- Round size: Seed $1.3M–$6.2M; Series A $6M–$27M
- Lead/follow: 14% lead, 86% follow
Portfolio highlights
- Datalogz — Datalogz is a BI Ops solution that enables teams to bridge the gaps in their business intelligence environment.
- Start Carreiras — Vetto has two engines: Vetto Core turns research intent into AI-ready data. Vetto Labs runs frontier research on how models learn better from data.
- Bear Flag Robotics — Safe, productive and efficient farming operations for the next generation of growers. Customize, Orchestrate, Automate,and Scale your fleet to your needs.
Invest in our experienceGrowthWorks* offers you more: more accountability, more experience and more proven know-how to make the most of your investment.A principled approach to adding valueOver the last 20 years, we've built GrowthWorks into one of Canada's venture capital management companies. We've done that by managingfunds that rigorously follow core principles: structure strategic investments in growth-oriented companies, value portfolio assets conservatively, build vital industry connections and minimize risk through diversification. It's a simple formula that delivers powerful results.Regional know-how. National ReachAt GrowthWorks, we offer regionally based retail venture capital funds (RVCs) right across Canada.GrowthWorks specializes in the management of and growth of regionally based venture capital funds. The funds under management include the following RVCs: Working Opportunity Fund, GrowthWorks Commercialization Fund and GrowthWorks Atlantic Venture Fund.Partners in performanceWe have specialized teams in each of our core sectors to identify and structure investments in potential winners. These skilled teams also help create success by helping the companies that GrowthWorks managed funds invest in to grow with strategic management support and advice. This way, the companies get guidance from experienced leaders. In turn, the funds’ investors know that these companies receive direction to help them thrive.
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- Industry: Software, Biotechnology, Health Care
- Stage:Series B, Series A
- Geography: Canada, United States, United Kingdom
Investor stats
- Total investments: 116
- Round size: Series A $1.6M–$16M; Series B $3.2M–$21M
- Lead/follow: 15% lead, 85% follow
- Last fund: May invest from a new fund soon — last raise in 2006
Portfolio highlights
- Spotta — Spotta's smart pest systems help pest control monitor and identify pests. Solutions for hospitality, care homes, agriculture, farming and forestry.
- ClearRisk — Our easy-to-use risk management software increases productivity, creates differentiation, and adds a simple and efficient process to manage risk!
- HIGHLINEvc — HIGHLINE is a Pre-Seed investor & Acceleration Platform that helps digital startups get follow-on capital, backed by leading VCs with offices in Vancouver & Toronto.We believe in providing our founders with far more than capital. Yet unlike most accelerators, we have no rigid start/end dates throughout the year. By joining theHIGHLINE family, you get to call on us for advice on an ongoing basis, gain access to our premium network and monthly founder events. We’ll do our best to help with fundraising challenges and partner with incubators to help deliver specialized programming.
Easily access government information and services.
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- Industry: Manufacturing, Health Care, Artificial Intelligence
- Stage:Grant, Debt Financing
- Geography: Canada, Germany
Investor stats
- Total investments: 56
- Lead/follow: no public data
Portfolio highlights
- GIMXPORT — GIMXPORT offers its members support consulting services. Their services include assessment and diagnosis meetings, targeting the best business opportunities, consulting services in the development of a suitable strategy, planning to structure your approach, finding funding to carry out your project, technical support in the implementation, andindividual or group training and coaching to help achieve goals.
- McGill University — McGill University is one of Canada's best-known institutions of higher learning and one of the leading universities in the world. With students coming to McGill from some 150 countries, our student body is the most internationally diverse of any research-intensive university in the country. McGill was founded in 1821 thanks to a generousbequest by James McGill, and since then, we've grown from a small college to a bustling university with two campuses, 11 faculties, some 300 programs of study, and more than 37,500 students. The University also partners with four affiliated teaching hospitals to graduate over 1,000 health care professionals each year.In addition to a stellar faculty, McGill is known for attracting the brightest students from across Canada, the United States, and around the world. McGill students have the highest average entering grades in Canada, and our commitment to fostering the very best has helped our students win more national and international awards on average than their peers at any other Canadian university. The prestigious Rhodes Scholarship has gone to a nation-leading 136 McGill students.
- Lithium Winsome Adina — Lithium Winsome Adina is a mining company.
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Browse database — It's Free!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
Show more...Investment focus
- Industry: Software, Information Technology, Health Care
- Stage:Seed, Grant, Pre-Seed
- Geography: Canada, United States
Investor stats
- Total investments: 150
- Lead/follow: no public data
Portfolio highlights
- Uride — Welcome to Uride - your reliable and affordable ridesharing service with a community-focus. Enjoy the ease of quick pickups, lower fares, and a user-friendly app designed to make your travels smoother. Start riding today!
- FluidAI Medical — Real-Time Monitoring for Anastomotic Leaks with Origin, by FluidAI. Early data shows FluidAI's Origin can detect leaks an average of 1.6 days earlier.
- Novel Biotechnology — Novel Biotechnology is building high-throughput bacterial platforms for the biotech industry, with a focus on plasmid DNA manufacturing.
DCVC backs companies using deep tech to solve the biggest problems that matter. Our investments address climate change, human health, the operations of physically intensive industries, defense, security, space, and more.
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- Industry: Biotechnology, Therapeutics, Medical
- Stage:Series A, Seed, Series B
- Geography: United States, United Kingdom, Canada
Investor stats
- Total investments: 64
- Lead/follow: no public data
Portfolio highlights
- CH4 Global — CH4 Global is an aquaculture solutions provider dedicated to urgently impacting climate change at scale. Lead by a world-class team of senior business builders, scientists and entrepreneurs, the company is initially leveraging proven science and technology for growing seaweed into innovative new livestock supplement that reduces methane produced bycows by up to 90%. Among early investors are a select group of prominent family offices and private investors. CH4 Global have also received non-dilutive capital support from government organizations from around the world. CH4 Global is a Delaware corporation based in Henderson, NV.
- Totus Medicines — Applying revolutionary chemical biology technologies to create life-changing covalent therapeutics for untreatable diseases.
- Novome Biotechnologies — Novome Biotechnologies, Inc. is a biotechnology company focused on engineering defined activities into the human gut microbiota to treat chronic diseases. The Company has developed the first-ever platform for controlled colonization of the gut with engineered bacteria, enabling first-in-class living therapeutics: Genetically Engineered MicrobialMedicines (GEMMs). Novome is utilizing its proprietary GEMMs platform in its lead preclinical program in hyperoxaluria, which is focused on the development of a therapeutic strain of bacteria that degrades oxalate to prevent the formation of kidney stones. Efforts are also directed to the expansion of its proprietary synthetic biology platform into additional indications.
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, Medical, Biotechnology
- Stage:Seed, Angel, Pre-Seed
- Geography: Canada
Investor stats
- Total investments: 10
- 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 — The best software for MSSPs & MSPs to deliver anti-fraud, anti-phishing, e-mail analysis and security awareness training that motivates behavior change.
East Valley is a startup accelerator and angel investor group in Atlantic Canada.
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- Industry: Software, Information Technology, SaaS
- Stage:Seed, Angel
- Geography: Canada, United States
Investor stats
- Total investments: 45
- Lead/follow: no public data
Portfolio highlights
- Passiv — Passiv makes it easy for you to manage your portfolio so that you can save more for retirement and spend more of your time enjoying life.
- CIRCLES — You spend 1 hour a month with us on Zoom. We guide your content creation, build your LinkedIn funnel and bring in leads with 10x performing daily video campaigns.
- Picketa Systems — Picketa Systems equips agribusinesses with Analysis Stations to perform plant tissue analysis in seconds
K2X Technology & Life Science, Inc. Creating an ETF-like vehicle of diversified and thoroughly vetted startups K2X is a Silicon Valley-based FinTech offering global investors a novel, safer, higher-return, non-correlated, diversified, and liquid (assuming NASDAQ IPO completed) way to invest in the best angel-stage startups. Built and managed by experienced angel investors for the benefit
Show more...Investment focus
- Industry: Health Care, Biotechnology, Medical
- Stage:Seed, Series A
- Geography: United States, Canada
Investor stats
- Total investments: 8
- Lead/follow: no public data
Portfolio highlights
- Rhaeos — Rhaeos, the world's first wearable shunt monitor, aims to improve the quality care for patients with hydrocephalus through a novel, thermal biosensor. Developed within Northwestern University with collaboration between Dr. John Rogers, McCormick School of Engineering, Feinberg School of Medicine and Kellogg School of Management, Rhaeosrepresents a unique multidisciplinary translational effort for an important clinical need.
- Avisi Technologies — Avisi Technologies is developing a nanotechnology-enabled defense against blindness from glaucoma.
- 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.
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: 44
- Round size: Seed $37k–$14M; Grant $50k–$100k
- Lead/follow: 57% lead, 43% follow
Portfolio highlights
- Ora Medical — Real progress for your child, at their own pace.
- Novela Neurotech — Novela Neurotech is medical technology startup with a research legacy in neuromodulation originating in the University of Waterloo in Canada. Novela has developed the Neureka™ smart technology platform to accelerate the discovery & development of new safer treatments for epilepsy, narcotic addiction, depression, Alzheimer's,Parkinson's diseases, and many other neurological disorders
- PragmaClin — PragmaClin Research Inc. is aiming to help patients monitor their symptoms faster with the use of our remote patient monitoring system, PRIMS (Parkinson's Remote Interactive Monitoring System).
1517 Fund is an early stage venture capital fund that supports teams led by dropouts, deep-tech scientists & founders working outside of tracked institutions.
Show more...Investment focus
- Industry: Software, Artificial Intelligence, Health Care
- Stage:Seed, Pre-Seed, Series A
- Geography: United States, Canada, India
Investor stats
- Total investments: 123
- Round size: Seed $850k–$8M; Pre-Seed $250k–$3M; Series A $7.6M–$41M
- Lead/follow: 24% lead, 76% follow
Portfolio highlights
- Deepgram — Deepgram helps enterprises unlock the potential of their audio data with custom-trained speech recognition for accuracy and scale. Deepgram's deep learning speech recognition system searches for keywords in transcripts by sound and text within audio and video files, used for transcribing calls, meetings, and voicemails for searchable notes,providing businesses with a fast, high accuracy speech-to-text on an easy-to-use API.The company was founded in 2015 and is headquartered in San Francisco, California.
- Xona — Xona's Pulsar service is the first high-performance alternative to GPS designed to support the age of autonomy. Our constellation of smallsats will provide secure navigation and timing services with the resilience and accuracy needed to enable modern devices to operate safely in any conditions.
- CalWave Inc — CalWave mission is - to provide clean, reliable and affordable power and water to costal communities world wide. CalWave’s vision is - to unlock wave power to provides 25% of global power for electricity, water and hydrogen.
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: 23
- Round size: Seed $525k–$2.3M; Pre-Seed $439k–$550k
- Lead/follow: 43% lead, 57% 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.
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 Device, Medical
- Stage:Seed, Pre-Seed
- Geography: Canada, China, United States
Investor stats
- Total investments: 55
- Round size: Seed $474k–$4.2M; Pre-Seed $256k–$1M
- Lead/follow: 5% lead, 95% 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.
- 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.
Version One Ventures backs mission-driven founders at the earliest stages. Full thesis here: https://versionone.vc/updated-thesis/
Show more...Investment focus
- Industry: Software, Internet, Blockchain
- Stage:Seed, Series A, Series B
- Geography: United States, Canada, United Kingdom
Investor stats
- Total investments: 143
- Round size: Seed $1.4M–$5.8M; Series A $4M–$21M; Series B $8M–$55M
- Lead/follow: 21% lead, 79% follow
Portfolio highlights
- Jobber — Jobber is an award-winning business management platform for small home service businesses. Unlike spreadsheets or pen and paper, Jobber keeps track of everything in one place and automates day-to-day operations, so small businesses can provide 5-star service at scale. Jobber’s 100,000+ home service professionals have served over 12 millionhouseholds in more than 47 countries. The company continually ranks as one of Canada’s fastest-growing and most innovative companies by Canadian Business and Macleans, The Globe and Mail, Fast Company, and Deloitte.
- Pienza — Pienza Ventures - We help Indian Startups win in the US Market
- Preemadonna — Preemadonna is the maker of Nailbot. Nailbot is an intelligent at-home robot manicure powered by a creativity and automation platform. Nailbot prints instant personalized nail art and decals on fingernails in 5 seconds using your smartphone. Nailbot is your ultimate nail art tool that prints digital nail stickers.
Medical VC funding in Canada at a glance
Stats across 629 deals from 635 investors.
Access all 635 VC funds in Canada Medical startups.
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