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Top 50 Transportation VC Funds & Investors in Canada (October 2026)

The most active venture capital funds investing in Canada Transportation startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Canada Transportation startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Toronto Innovation Acceleration Partners 43 Pre-Seed, Seed Health Care, Science/Engineering, Software
E-Fund 40 Seed, Pre-Seed Health Care, Software, Science/Engineering
Yaletown Partners 38 Series A, Series B, Seed Software, Internet, IT
SaskWorks Venture Fund 30 Seed, Post-IPO Equity Energy, Natural Resources, Sustainability
GreenSky Capital 29 Seed, Series A Software, Science/Engineering, IT
Mistral Venture Partners 28 Seed, Series A, Series B Software, Data and Analytics, Internet
Golden Triangle Angel Network 24 Seed, Angel Software, Hardware, Internet
Version One Ventures 24 Seed, Series A, Series B Software, Other, Mobile
ScaleUP Ventures 23 Series A, Seed, Series B Software, IT, Data and Analytics
Radical Ventures 23 Seed, Series A, Series B Software, Data and Analytics, Science/Engineering
BDC Venture Capital
VC Fund
22 Canada, United States, United Kingdom Seed, Series A, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $387k–$40M
Business Development Bank of Canada
VC Fund
20 Canada, United States, Nigeria Venture - Series Unknown, Seed, Debt Financing Software, Information Technology, Manufacturing $100k–$78M
Real Ventures
VC Fund
15 Canada, United States, Australia Seed, Series A, Series B Software, Artificial Intelligence, Machine Learning $592k–$47M
Right Side Capital Management
VC Fund
14 United States, Canada, United Kingdom Pre-Seed, Seed, Convertible Note Software, Artificial Intelligence, SaaS $50k–$1.7M
Inovia Capital
VC Fund
14 Canada, United States, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, FinTech $1M–$65M
Ontario Centres of Excellence
VC Fund
12 Canada, United States Seed, Grant, Pre-Seed Software, Information Technology, Health Care
Anges Quebec
VC Fund
12 Canada, United States, Spain Seed, Venture - Series Unknown, Angel Software, Health Care, Artificial Intelligence $376k–$8.5M
Export Development Canada
VC Fund
11 Canada, United States, United Kingdom Venture - Series Unknown, Debt Financing, Post-IPO Debt Software, Manufacturing, Energy $3.6M–$858M
Fondaction
VC Fund
11 Canada, United States, France Venture - Series Unknown, Private Equity, Debt Financing Manufacturing, Software, Information Technology $276k–$145M
FJ Labs
VC Fund
10 United States, United Kingdom, Brazil Seed, Series A, Series B Software, E-Commerce, Financial Services $1.2M–$65M
Celtic House Asia Partners
VC Fund
10 Canada, United States, Hong Kong Seed, Series A, Pre-Seed Software, Health Care, Artificial Intelligence $439k–$16M
Atlantic Canada Opportunities Agency
VC Fund
10 Canada, United States, France Grant, Debt Financing, Seed Manufacturing, Software, Health Care $25k–$2M
Relay Ventures
VC Fund
9 United States, Canada, Germany Seed, Series A, Series B Software, Mobile, Artificial Intelligence $1.2M–$40M
Sustainable Development Technology Canada
VC Fund
9 Canada, United States, Brazil Grant, Seed, Venture - Series Unknown Manufacturing, Energy, Renewable Energy $73k–$145M
Capital Angel Network
VC Fund
9 Canada, United States Seed, Angel, Pre-Seed Software, Information Technology, SaaS $10k–$2.7M
New Brunswick Innovation Foundation
VC Fund
8 Canada, United States Seed, Venture - Series Unknown, Pre-Seed Software, Information Technology, Artificial Intelligence $35k–$3.5M
WUTIF
VC Fund
8 Canada Seed, Pre-Seed, Venture - Series Unknown Software, Health Care, Biotechnology $100k–$5.5M
FundersClub
VC Fund
8 United States, Canada, India Seed, Series A, Pre-Seed Software, Artificial Intelligence, SaaS $125k–$23M
Panache Ventures
VC Fund
8 Canada, United States, Israel Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $713k–$20M
MaRS Investment Accelerator Fund
VC Fund
8 Canada, United States Seed, Pre-Seed, Series A Software, Analytics, Artificial Intelligence $375k–$14M
Golden Ventures
VC Fund
7 Canada, United States, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $1.5M–$49M
FedDev
VC Fund
7 Canada, United States Grant, Debt Financing, Seed Manufacturing, Software, Information Technology $24k–$5M
Prairies Economic Development Canada
VC Fund
7 Canada, United States, Spain Grant, Debt Financing, Venture - Series Unknown Manufacturing, Non Profit, Software $176k–$3M
Garage Capital
VC Fund
6 Canada, United States, Israel Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $765k–$50M
Accomplice
VC Fund
6 United States, Canada, United Kingdom Series A, Seed, Series B Software, FinTech, Internet $1.8M–$50M
Active Impact Investments
VC Fund
6 United States, Canada Seed, Series A, Pre-Seed Software, SaaS, Energy $386k–$38M
Startup TNT
VC Fund
6 Canada, United States Pre-Seed, Seed, Series B Software, Health Care, Medical Device $25k–$2.1M
N49P
VC Fund
6 Canada, United States, Jamaica Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $593k–$20M
Global Founders Capital
VC Fund
6 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Financial Services, Software, FinTech $575k–$30M
Ripple Ventures
VC Fund
6 Canada, United States Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $300k–$25M
Whitecap Venture Partners
VC Fund
5 Canada, United States, Spain Series A, Seed, Series B Software, Health Care, Enterprise Software $1.9M–$33M
Cycle Capital
VC Fund
5 Canada, United States, Germany Series B, Venture - Series Unknown, Seed Manufacturing, Energy, Electronics $60k–$27M
Two Small Fish Ventures
VC Fund
5 Canada, United States Seed, Series A, Venture - Series Unknown Software, Artificial Intelligence, E-Commerce $2M–$25M
Maple VC
VC Fund
5 United States, Canada, Israel Seed, Series A, Pre-Seed Software, Artificial Intelligence, Internet $1.3M–$33M
Celtic House Venture Partners
VC Fund
5 Canada, United States, United Kingdom Series B, Series A Software, Semiconductor, Manufacturing $3.4M–$21M
Third Sphere
VC Fund
5 United States, United Kingdom, Israel Seed, Pre-Seed, Convertible Note Software, Energy, Real Estate $100k–$7.5M
Innovacorp
VC Fund
5 Canada, United States, Australia Seed, Grant, Pre-Seed Software, Health Care, Information Technology $19k–$3.1M
La Caisse
VC Fund
5 Canada, United States, United Kingdom Private Equity, Venture - Series Unknown, Post-IPO Equity Software, Manufacturing, Financial Services $1.2M–$1B
ANIMO Ventures
VC Fund
5 United States, Canada, Colombia Seed, Pre-Seed, Series A Software, Information Technology, Health Care $1M–$25M
Markd
VC Fund
5 United States, Canada, Israel Seed, Pre-Seed, Series A Insurance, InsurTech, Financial Services $750k–$24M
Access all 1092 VC funds in Canada Transportation startups.

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

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Investor list

Toronto Innovation Acceleration Partners
43 investments in Canada Transportation startups

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

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Investment focus

  • Industry: Health Care, Science/Engineering, Software
  • Stage:Pre-Seed, Seed

E-Fund
40 investments in Canada Transportation startups

Angel Investing via Teams is our approach to seeking higher returns and more exits. We leverage the expertise of our investors to do more due diligence and provide post investment expertise to our portfolio companies.

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Investment focus

  • Industry: Health Care, Software, Science/Engineering
  • Stage:Seed, Pre-Seed

Yaletown Partners
38 investments in Canada Transportation startups

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

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Investment focus

  • Industry: Software, Internet, IT
  • Stage:Series A, Series B, Seed

SaskWorks Venture Fund
30 investments in Canada Transportation startups

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

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Investment focus

  • Industry: Energy, Natural Resources, Sustainability
  • Stage:Seed, Post-IPO Equity

GreenSky Capital
29 investments in Canada Transportation startups

GreenSky Capital is a venture capital and private equity firm that manages venture capital and provides financial advisory services.It makes investments in early-stage technology companies through its affiliated venture capital funds, GreenSky Accelerator Fund I, II and III. Their principals bring a unique combination of experience in technology,law, and finance to high-growth potential companies and dedicated entrepreneurs.GreenSky Capital was founded in Toronto, Ontario in 2010 by Geoff Simonett and Michael T. R. List.

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Investment focus

  • Industry: Software, Science/Engineering, IT
  • Stage:Seed, Series A

Mistral Venture Partners
28 investments in Canada Transportation startups

Mistral Venture Partners is a seed-stage venture capital firm that invests in early-stage technology companies. The firm invests in startups that solve critical business problems, regardless of the business model– enterprise software, B2B SaaS, marketplaces, etc. It also partners with founders who value experience, commitment, and the higheststandards of integrity and respect.

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Investment focus

  • Industry: Software, Data and Analytics, Internet
  • Stage:Seed, Series A, Series B

Golden Triangle Angel Network
24 investments in Canada Transportation startups

The Golden Triangle Angelnet is a not-for-profit corporation operating under the Ontario Ministry of Research and Innovation's Angel Network Program. It is a members-only organization comprised of Angel investors seeking investment opportunities in promising, early-stage businesses. In addition to the financial support, as part of theirall-encompassing commitment to assist the companies they invest in, its Angels often provide valuable mentorship and access to strong relationship capital networks to their investee companies. It is this priceless assistance that aids in the facilitation of learning, networking, and growth.

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Investment focus

  • Industry: Software, Hardware, Internet
  • Stage:Seed, Angel

Version One Ventures
24 investments in Canada Transportation startups

Version One Ventures is an early-stage venture fund investing in the next generation of mission-driven founders.

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Investment focus

  • Industry: Software, Other, Mobile
  • Stage:Seed, Series A, Series B

ScaleUP Ventures
23 investments in Canada Transportation startups

ScaleUP Ventures is a venture capital firm that supports creative entrepreneurs and assists with investments. It is focused on early-stage venture capital with a preference for Business-to-Business opportunities. The firm was founded in 2016 and is based in Toronto, Ontario.

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Investment focus

  • Industry: Software, IT, Data and Analytics
  • Stage:Series A, Seed, Series B

Radical Ventures
23 investments in Canada Transportation startups

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

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Investment focus

  • Industry: Software, Data and Analytics, Science/Engineering
  • Stage:Seed, Series A, Series B

Access 48,091 investors

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

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BDC Venture Capital
VC Fund · Calgary, Alberta, Canada · 22 investments in Canada Transportation startups

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

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Investment focus

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

Investor stats

  • Total investments: 571
  • Round size: Seed $387k–$4.5M; Series A $2.7M–$21M; Venture - Series Unknown $1.5M–$40M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — raised $500M in 2022

Portfolio highlights

  • Cytochroma — Cytochroma is a clinical stage specialty pharmaceutical company that designs, develops and commercializes prescription products to treat and prevent the clinical consequences of vitamin D insufficiency and secondary hyperparathyroidism (SHPT) associated with chronic kidney disease (CKD). The Company has an advanced portfolio of new therapiesdesigned to safely and effectively treat patients with vitamin D insufficiency and SHPT associated with Stage 3, 4 or 5 CKD. In addition, Cytochroma is developing novel therapies to treat elevated blood phosphorus levels (hyperphosphatemia) in order to improve the control of SHPT in CKD patients.
  • LeddarTech — The leader in environmental sensing, fusion and perception for automotive and mobility, LeddarTech delivers actionable data for autonomous driving and ADAS.
  • Optosecurity — PAX CHECKPOINT combines automated screening lanes with a screening software to create a fully integrated checkpoint solution.
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Business Development Bank of Canada
VC Fund · Montréal, Quebec, Canada · 20 investments in Canada Transportation startups

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

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Venture - Series Unknown, Seed, Debt Financing
  • Geography: Canada, United States, Nigeria

Investor stats

  • Total investments: 360
  • Round size: Seed $300k–$5M; Debt Financing $100k–$78M; Venture - Series Unknown $500k–$40M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — raised $50M in 2023

Portfolio highlights

  • Axya — Optimize manufacturing procurement with Axya. Enhance visibility, streamline collaboration, and automate tasks. Say goodbye to spreadsheet chaos and email overload.
  • 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.
  • TickTrade Systems — smartTrade Technologies is a leading global provider with multi-asset electronic trading platforms, helping buy-side & sell-side institutions
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Real Ventures
VC Fund · Montréal, Quebec, Canada · 15 investments in Canada Transportation startups

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

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Investment focus

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

Investor stats

  • Total investments: 302
  • Round size: Seed $592k–$5M; Series A $3.7M–$24M; Series B $2.9M–$47M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: May invest from a new fund soon — raised $140M in 2017

Portfolio highlights

  • Axya — Optimize manufacturing procurement with Axya. Enhance visibility, streamline collaboration, and automate tasks. Say goodbye to spreadsheet chaos and email overload.
  • DropGenie — DropGenie is building connected hardware to automate gene editing. They are accelerating the pace of discovery through the generation of standardized and compatible scientific information.
  • Nord Quantique — Nord Quantique creates quantum processors based on second-generation technology.
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Right Side Capital Management
VC Fund · San Francisco, California, United States · 14 investments in Canada Transportation startups

Systematic Pre-Seed Startup Capital

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Pre-Seed, Seed, Convertible Note
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 2067
  • Round size: Seed $50k–$1.7M; Pre-Seed $50k–$450k; Convertible Note $50k–$400k
  • Lead/follow: 3% lead, 97% follow
  • Last fund: Likely actively investing — fresh fund, raised $55M in 2025

Portfolio highlights

  • tbh — tbh is a developer of a mobile application designed to provide anonymous feedback to friends. The company's mobile application facilitates asking or answering questions, open text fields and invite abuse when combined with anonymity, enabling users to say things without repercussions and feel better about themselves from the positive feedbackon social networks.
  • Vidrovr — Vidrovr develops multimodal computer vision and machine learning systems to index, tag, and understand video. It processes videos with specific domain constraints, such as in sports, government, and media verticals. Its technology enables its users to search an indexed video corpus and retrieve content inside videos and link it to other media likephotos and text.The company Integrates social media to enable direct interactions between multimedia content. Vidrovr was founded in 2016 and is headquartered in New York.
  • TasksMind — Customer Reliability Platform
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Inovia Capital
VC Fund · Montréal, Quebec, Canada · 14 investments in Canada Transportation startups

We support entrepreneurs at every stage of their journey and build technology companies that generate a positive impact on society.

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Investment focus

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

Investor stats

  • Total investments: 420
  • Round size: Seed $1M–$8.3M; Series A $2.3M–$20M; Series B $5M–$65M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — raised $300M in 2024

Portfolio highlights

  • Modem — Your dev team's auto-triage Product Manager
  • TicketIQ — Buy authentic sports tickets, concert tickets, and theater tickets for your favorite live events at TicketIQ.
  • Branch Energy — A tech-powered, green energy provider focused on helping consumers reduce their energy bills and carbon footprints
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Ontario Centres of Excellence
VC Fund · Toronto, Ontario, Canada · 12 investments in Canada Transportation startups

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

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Investment focus

  • 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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Anges Quebec
VC Fund · Quebec, Quebec, Canada · 12 investments in Canada Transportation startups, 8 in the past 12 months

Value-added investors for innovative entrepreneurs.

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Investment focus

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

Investor stats

  • Total investments: 184
  • Round size: Seed $803k–$3.3M; Angel $376k–$1.3M; Venture - Series Unknown $915k–$8.5M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Scopia Surgical — Revolutionizing the operating room with our real-time artificial intelligence image processing technology. Scopia Surgical is a co-pilot for the human body, guiding surgeons with unprecedented accuracy and confidence.
  • Galaxia — GALAXIA Mission Systems designs and develops intelligent satellites and edge computation platforms for space.
  • Elisa Interactive — Elisa Interactive operates an asset-light, prompt-to-environment software model designed to lower technical entry barriers in user-generated gaming ecosystems. Its core application platform, Me-Z-Scene, utilizes artificial intelligence to automatically arrange existing asset kits into complex 3D worlds based on natural language inputs. Thecompany's value proposition centers on empowering casual gamers and amateur builders to deploy custom virtual spaces without requiring coding or digital design expertise.
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Export Development Canada
VC Fund · Ottawa, Ontario, Canada · 11 investments in Canada Transportation startups, 20 in the past 12 months

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

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Investment focus

  • Industry: Software, Manufacturing, Energy
  • Stage:Venture - Series Unknown, Debt Financing, Post-IPO Debt
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 259
  • Round size: Post-IPO Debt $3.6M–$500M; Debt Financing $3.6M–$858M; Venture - Series Unknown $6.3M–$40M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Revolve Renewable Power — We are an owner-operator and developer of utility-scale renewable energy generation projects in North America that focus on wind, hydro, solar & battery storage
  • CleanPlanet Chemical — Discover the most advanced solvent recycler available today. Whether you recycle your solvent on-site, off-site, or not at all, save money with CleanPlanet Chemical's solvent recycling system.
  • International Test Pilots School — International Test Pilots School (ITPS) offers EASA Approved Test Pilot & Flight Test Engineer courses for military and industry customers.
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Fondaction
VC Fund · Clarke City, Quebec, Canada · 11 investments in Canada Transportation startups

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

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Investment focus

  • Industry: Manufacturing, Software, Information Technology
  • Stage:Venture - Series Unknown, Private Equity, Debt Financing
  • Geography: Canada, United States, France

Investor stats

  • Total investments: 216
  • Round size: Debt Financing $276k–$11M; Private Equity $750k–$125M; Venture - Series Unknown $500k–$145M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely actively investing — fund raised in 2026

Portfolio highlights

  • Icentia — Icentia provides a range of innovative medical tests for healthcare institutions. They are able to offer valuable solutions for major problems in the field of medical testing.
  • Solar Uniquartier —
  • Turtlebrace — Turtlebrace is more than just an immobilization brace, it's a dynamic and innovative solution.
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FJ Labs
VC Fund · New York, New York, United States · 10 investments in Canada Transportation startups

FJ Labs is a stage-agnostic investment firm that focuses on marketplaces and consumer facing startups.

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Investment focus

  • Industry: Software, E-Commerce, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Brazil

Investor stats

  • Total investments: 1792
  • Round size: Seed $1.2M–$9.3M; Series A $5M–$30M; Series B $10M–$65M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — raised $5.5M in 2016

Portfolio highlights

  • HUNTY — HUNTY is a platform that help people find jobs by connecting them with world class mentors who prepare them for the job search process. And people only pay when they get hired.
  • Mainstay — System of intelligence for residential real estate.
  • Odyssey — Discover how Odyssey Energy Solutions unblocks bottlenecks in DRE project development. Access diverse financing, procure equipment efficiently, and remotely monitor system performance. Join over 2000 renewable energy companies that use Odyssey to scale. Get in touch today.
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Celtic House Asia Partners
VC Fund · Fremont, California, United States · 10 investments in Canada Transportation startups

Marketplace, Digital Health, SaaS

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Investment focus

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

Investor stats

  • Total investments: 64
  • Round size: Seed $1.3M–$6M; Pre-Seed $439k–$1.6M; Series A $3.4M–$16M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — raised $5.1M in 2022

Portfolio highlights

  • WearLinq — WearLinq is a provider of wearable health monitoring and diagnosis solutions. The company's device records a multi-lead ECG and transmits it in real-time with AI to detect typical irregular heart rhythms, including a normal heart rhythm, aFib, bradycardia, and tachycardia, allowing users to discover history and trends, set reminders, andconnect directly with physicians.
  • Snappy — Snappy provides technology to run your restaurant efficiently. Increase sales, streamline customer operations and bring your guests back faster with Snappy.
  • Maple Supply Chain — Maple Supply Chain offers customized supply chain management solutions for brands and manufacturers.
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Atlantic Canada Opportunities Agency
VC Fund · Moncton, New Brunswick, Canada · 10 investments in Canada Transportation startups, 96 in the past 12 months

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

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Investment focus

  • Industry: Manufacturing, Software, Health Care
  • Stage:Grant, Debt Financing, Seed
  • Geography: Canada, United States, France

Investor stats

  • Total investments: 242
  • Round size: Seed $25k–$2M; Grant $36k–$2M; Debt Financing $141k–$1.1M
  • Lead/follow: 84% lead, 16% follow

Portfolio highlights

  • QRA — QRA works with global organizations to automate the quality and consistency of engineering requirements. Their software tool QVscribe enables teams to identify risk, errors, and ambiguities before they manifest into late-stage rework, cost-overruns, and recalls.
  • Deep Cove Aqua Farms — Deep Cove Aqua Farms is a live lobster holding facility and seafood processing plant. The company acts as a wholesale business, seafood market, purchasing premium seafood directly from local fishermen, grading the catch by quality and size, and distributing it to domestic and international clients.
  • LED Roadway Lighting — Liveable Cities produces smart LED lighting manufactured in Canada. Intelligent LED street lighting systems are being used across Canada and throughout the world. Contact us to learn more about our smart street lighting and city sensor systems, available internationally.
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Relay Ventures
VC Fund · Toronto, Ontario, Canada · 9 investments in Canada Transportation startups

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

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Investment focus

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

Investor stats

  • Total investments: 196
  • Round size: Seed $1.2M–$7M; Series A $4.7M–$14M; Series B $5.5M–$40M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $7.5M in 2022

Portfolio highlights

  • PressBox — PressBox was founded by ex-Bleacher Report engineers who saw where AI could help media organizations scale the discovery, creation, and measurement of personalized content across a variety of platforms. Gen-Z is leading a shift in fandom, following sports through athletes, influencers, and cultural moments in contrast to the team and city-basedaffinity of previous generations. Sports organizations are looking to personalization to meet this rapidly growing portion of the fan base, but lack the end-to-end solution to deliver revenue-producing results. Our platform enables leagues to reach more fans by automating the creation and distribution of highly-personalized, sponsorable, multi-modal content that speaks to fans regardless of their connection to a sport.
  • ALT Sports Data — Real Time Alternative Sports Betting Data.
  • Leonardo Worldwide —
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Sustainable Development Technology Canada
VC Fund · Ottawa, Ontario, Canada · 9 investments in Canada Transportation startups

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

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Investment focus

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

Investor stats

  • Total investments: 277
  • Round size: Seed $73k–$2.5M; Grant $825k–$7.3M; Venture - Series Unknown $2.5M–$145M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Niricson — Niricson develops an AI-based predictive analytics SaaS platform for infrastructure asset management. Its AUTOSPEX platform and DRONIC provide asset managers and civil engineers critical insights and multi-defect layer visualization for the current condition of their assets.
  • Solaires Entreprises Inc — Solaires Entreprises Inc is a Canadian cleantech company located in Victoria, BC, that consists of a team of 23 scientists, engineers, and business professionals. Solaires is focused on developing the next generation of solar cells by replacing silicon with perovskite through an innovative and sustainable manufacturing process resulting inaffordable solar photovoltaics with higher energy conversion efficiency.
  • Progressive Planet Solutions — Progressive Planet Solutions Inc is a metal/mineral based company that deals with the exploration & development of zeolite minerals.
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Capital Angel Network
VC Fund · Ottawa, Ontario, Canada · 9 investments in Canada Transportation startups

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

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Canada, United States

Investor stats

  • Total investments: 100
  • Round size: Seed $183k–$2.7M; Angel $10k–$2M; Pre-Seed $188k–$2M
  • Lead/follow: 17% lead, 83% 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.
  • RainStick — The RainStick shower is a recirculating shower that saves 80% energy and 80% water but still feels like a luxurious shower.
  • Afynia Laboratories — #FemTech startup developing fast, easy-to-use products to fill current gaps in #womenshealth-- starting with at-home testing for #endometriosis.
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New Brunswick Innovation Foundation
VC Fund · Fredericton, New Brunswick, Canada · 8 investments in Canada Transportation startups, 8 in the past 12 months

Director of Investments Every half-year, the Canadian Venture Capital Association (CVCA) reports on the status of venture capital investment in Canada, and the 2021-H1 edition is impressive.

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Investment focus

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

Investor stats

  • Total investments: 150
  • Round size: Seed $50k–$2M; Pre-Seed $35k–$779k; Venture - Series Unknown $250k–$3.5M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Picketa Systems — Picketa Systems equips agribusinesses with Analysis Stations to perform plant tissue analysis in seconds
  • East Coast Innovation — Precision engineered, patent pending SmoothMove Smart Funnel - exciting new fish loading technology. Simple & low cost.
  • Elle, MD Biotechnologies — Your terms. Your body. Just Livv.
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WUTIF
VC Fund · Vancouver, British Columbia, Canada · 8 investments in Canada Transportation startups

WUTIF Capital (VCC) Inc. is a novel angel fund that co-invests with angel investors in promising new technology ventures in British Columbia. WUTIF was formed in mid-2003 and made its first investments in late 2004.

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Investment focus

  • Industry: Software, Health Care, Biotechnology
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Canada

Investor stats

  • Total investments: 77
  • Round size: Seed $100k–$3.8M; Pre-Seed $279k–$1.5M; Venture - Series Unknown $200k–$5.5M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • ViewsML — 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 transforms waste into carbon-negative advanced materials for industry.
  • CereCura Nanotherapeutics — CereCura Nanotherapeutics is a biotechnology company pioneering the therapeutic use of RNA nanomedicine to treat disorders of the central nervous system.
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FundersClub
VC Fund · San Francisco, California, United States · 8 investments in Canada Transportation startups, 8 in the past 12 months

FundersClub focuses on Seed and early stage investments. Investments include Coinbase, Instacart, Flexport, Le Tote, Teespring, Memebox, GitLab.FundersClub is the world's first online venture capital platform. Backed by Y Combinator, First Round Capital, Spark Capital, Intel Capital, Draper, Andreessen Horowitz, Felicis Ventures, and more;FundersClub Inc. was founded in 2012 and is based in the United States.

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Investment focus

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

Investor stats

  • Total investments: 550
  • Round size: Seed $668k–$5M; Pre-Seed $125k–$1.7M; Series A $3M–$23M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely still investing — raised $120k in 2024

Portfolio highlights

  • Klaimee — Financial protection for companies building or using AI agents. Understand covered failures, explore pricing, and start your agent risk assessment.
  • Scape — Scape is an AI email client that proactively drafts replies and surfaces what matters. Built for professionals who live in their inbox.
  • Numeral — We fully manage the headaches of sales tax so you can get back to real work. Get started for free today!
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Panache Ventures
VC Fund · Montréal, Quebec, Canada · 8 investments in Canada Transportation startups, 10 in the past 12 months

Canada's leading nationwide pre-seed venture fund.

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Biossil — Biossil is an applied AI drug discovery platform to create specialized treatments for distinct patients.
  • Nord Quantique — Nord Quantique creates quantum processors based on second-generation technology.
  • Daedal Systems — Daedal Systems delivers nuclear instrumentation, plasma diagnostics, and engineering services for fusion and small modular reactor projects.
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MaRS Investment Accelerator Fund
VC Fund · Toronto, Ontario, Canada · 8 investments in Canada Transportation startups, 7 in the past 12 months

Working with Ontario talent to develop World Class Companies Learn More

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Investment focus

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

Investor stats

  • Total investments: 177
  • Round size: Seed $375k–$4M; Pre-Seed $409k–$1.5M; Series A $2.3M–$14M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: May invest from a new fund soon — raised $8.5M in 2014

Portfolio highlights

  • thri5 — Thri5 develops software that connects retail data, people, and AI agents to coordinate operational actions.
  • 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!
  • Daedal Systems — Daedal Systems delivers nuclear instrumentation, plasma diagnostics, and engineering services for fusion and small modular reactor projects.
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Golden Ventures
VC Fund · Toronto, Ontario, Canada · 7 investments in Canada Transportation startups, 10 in the past 12 months

Golden Ventures is a leading seed-stage venture capital fund, based in Toronto and investing across North America. We back bold teams and their transformative ideas.

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Investment focus

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

Investor stats

  • Total investments: 200
  • Round size: Seed $1.5M–$7.5M; Series A $6.8M–$32M; Series B $10M–$49M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely still investing — raised $103M in 2024

Portfolio highlights

  • Biossil — Biossil is an applied AI drug discovery platform to create specialized treatments for distinct patients.
  • Powered by People — Powered by People is a values-driven wholesale platform featuring handmade, ethical products from makers in over 40 countries. Sign up now for pre-approved credit and net 60 terms at poweredbypeople.com
  • Brodie Rec Leagues — Brodie Rec Leagues specializes in basketball tournaments, leagues, and training.
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FedDev
VC Fund · Waterloo, Ontario, Canada · 7 investments in Canada Transportation startups, 45 in the past 12 months

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

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Investment focus

  • Industry: Manufacturing, Software, Information Technology
  • Stage:Grant, Debt Financing, Seed
  • Geography: Canada, United States

Investor stats

  • Total investments: 225
  • Round size: Seed $24k–$2.2M; Grant $98k–$5M; Debt Financing $500k–$3.5M
  • Lead/follow: 89% lead, 11% follow

Portfolio highlights

  • Moyy — Moyy designs, prints and manufactures custom packaging and display solutions for brands in e-commerce and retail. The company focuses on corrugated packaging, including mailer boxes, shipping boxes, trays, product boxes and custom brown boxes. Moyy also produces retail-ready packaging, point-of-purchase displays and temporary signage for tradeshows, events and promotions. Its services span structural design, art, graphics and colour management, along with digital and flexographic printing using corrugated-focused technology. Moyy offers custom inserts to protect products and refine the unboxing experience. It serves a range of industries such as apparel and beauty, food and beverage, technology, health and wellness, pet care and manufacturing, tailoring packaging and display solutions to specific sector needs.
  • Nobellum Enterprise — Nobellum Enterprise is a social and technological enterprise that specializes in economic development services.
  • ADI Automation Design — ADI Automation Design is a private industrial engineering firm specializing in custom automation.
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Prairies Economic Development Canada
VC Fund · Edmonton, Alberta, Canada · 7 investments in Canada Transportation startups

Prairies Economic Development Canada (PrairiesCan) is the department that diversifies the economy across the Canadian Prairies. PrairiesCan leads in building a strong, competitive Canadian economy by supporting business, innovation and community economic development unique to Alberta, Saskatchewan and Manitoba.

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Investment focus

  • Industry: Manufacturing, Non Profit, Software
  • Stage:Grant, Debt Financing, Venture - Series Unknown
  • Geography: Canada, United States, Spain

Investor stats

  • Total investments: 229
  • Round size: Grant $176k–$3M; Debt Financing $220k–$2.8M; Venture - Series Unknown $384k–$1.5M
  • Lead/follow: 95% lead, 5% follow

Portfolio highlights

  • Hawkstone Mining — Arizona Lithium provides strong chemical properties, water production target, mineral exploration, and development services. They also provide USA exploring lithium, the lone pine gold project, western desert project gold, and copper exploration projects.
  • Atom-Jet Industries — Atom-Jet Industries manufactures agriculture and industrial products to agricultural and industrial markets.
  • Energy Transition Centre foundation — The ETC Foundation is a vibrant center that brings together players from academia, industry, government, and the larger innovation ecosystem to create vital answers to climate concerns and spur innovation.
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Garage Capital
VC Fund · Waterloo, Ontario, Canada · 6 investments in Canada Transportation startups, 23 in the past 12 months

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

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Investment focus

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

Investor stats

  • Total investments: 145
  • Round size: Seed $1.7M–$7.5M; Pre-Seed $765k–$3.6M; Series A $7.7M–$50M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Astrus — Astrus fully automates analog layout using AI without disrupting your workflow.
  • Orbits — Orbits is a family-focused home management platform that simplifies household tasks, schedules, and everyday organization.
  • Daedal Systems — Daedal Systems delivers nuclear instrumentation, plasma diagnostics, and engineering services for fusion and small modular reactor projects.
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Accomplice
VC Fund · Cambridge, Massachusetts, United States · 6 investments in Canada Transportation startups

Accomplice is a venture firm and contemporary family office. We have been part of the origin story of AngelList, Carbon Black, Coinlist, Currencycloud, DraftKings, FalconX, FLOW, Freshbooks, Integral Ad Science, Hopper, HQO, Luna, Near, Orchard, Patreon, PillPack, Plastiq, Recorded Future, SecurityScorecard, Skillz, Veracode, Work Human, WHOOP, Zoopla, and more. We are also founders behind Accomplice Blockchain and the Spearhead operator-angel movement.

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Investment focus

  • Industry: Software, FinTech, Internet
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 288
  • Round size: Seed $1.8M–$7.6M; Series A $5M–$25M; Series B $7.3M–$50M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: Likely still investing — raised $405M in 2022

Portfolio highlights

  • Bolo AI — At Bolo AI, we are pioneering the future of knowledge management in heavy industries, starting with Oil & Gas. Our groundbreaking platform combines domain-specific models with cutting-edge AI technology to redefine how millions of heavy industry professionals access and create vital knowledge. Our products, Bolo AI Answer and Bolo AI Writer,streamline access to critical information and documentation processes, setting new standards in productivity, safety, and efficiency.
  • Freebird — Freebird is a first-of-its-kind mobile rebooking tool that empowers travelers to skip the line and instantly book a new ticket – on any airline at no additional cost – in the event of a flight cancellation, four-hour delay, or missed connection. Freebird provides travelers with instant notifications in the event of a flight disruption, and offersthe ability to rebook in less than 30 seconds with only three taps on their mobile device.
  • Realm.Security — Realm.Security transforms sprawling security data into a unified intelligent entity. Leveraging AI and cutting edge data processing technology, we deliver the right information to the right destination at the right time.
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Active Impact Investments
VC Fund · North Vancouver, British Columbia, Canada · 6 investments in Canada Transportation startups, 10 in the past 12 months

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

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Investment focus

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

Investor stats

  • Total investments: 64
  • Round size: Seed $797k–$9.5M; Pre-Seed $386k–$2M; Series A $6.4M–$38M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $80M in 2023

Portfolio highlights

  • Branch Energy — A tech-powered, green energy provider focused on helping consumers reduce their energy bills and carbon footprints
  • Gritt Robotics — Gritt is an intelligent system that combines robotics and AI to build the infrastructure that pulls society forward. Doing real work on real jobsites, today.
  • Fluxnium — Fluxnium is a pioneer of domestic uranium supply adsorbed from seawater.
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Startup TNT
VC Fund · Edmonton, Alberta, Canada · 6 investments in Canada Transportation startups

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

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Investment focus

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

Investor stats

  • Total investments: 59
  • Round size: Seed $56k–$2.1M; Pre-Seed $25k–$1.2M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • 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.
  • Elle, MD Biotechnologies — Your terms. Your body. Just Livv.
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N49P
VC Fund · Toronto, Ontario, Canada · 6 investments in Canada Transportation startups, 7 in the past 12 months

N49P is a venture capital firm focused on ideas to seed-stage Canadian technology startups.

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Investment focus

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

Investor stats

  • Total investments: 98
  • Round size: Seed $1M–$7.5M; Pre-Seed $593k–$3.6M; Series A $4.6M–$20M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: Likely actively investing — fresh fund, raised $13M in 2025

Portfolio highlights

  • Dessn — Dessn is an AI app that enables designers & product managers to contribute to product building without coding.
  • thri5 — Thri5 develops software that connects retail data, people, and AI agents to coordinate operational actions.
  • Orbits — Orbits is a family-focused home management platform that simplifies household tasks, schedules, and everyday organization.
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Global Founders Capital
VC Fund · Berlin, Berlin, Germany · 6 investments in Canada Transportation startups

Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel.

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Investment focus

  • Industry: Financial Services, Software, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 1119
  • Round size: Seed $1.2M–$8.8M; Pre-Seed $575k–$5M; Series A $5M–$30M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — raised $2B in 2018

Portfolio highlights

  • Benford — Benford is a modern, licensed audit firm that provides technology-driven statutory audit services using its custom software, AuditOS.
  • Primo — A birdseye view of your IT.
  • sevDesk — Deutschlands beliebteste Buchhaltungssoftware: Rechnungen& Angebote erstellen, Buchhaltung erledigen, Kunden- &Lagerverwaltung u.v.m.
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Ripple Ventures
VC Fund · Toronto, Ontario, Canada · 6 investments in Canada Transportation startups

Investing the first cheques into exceptional people solving interesting problems at inception.

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Investment focus

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

Investor stats

  • Total investments: 59
  • Round size: Seed $1M–$6.3M; Pre-Seed $300k–$2.2M; Series A $8M–$25M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2020

Portfolio highlights

  • Blank Bio — RNA intelligence for precision medicine. YCS25
  • Katalyze AI — Katalyze builds agentic infrastructure for global pharma, so that more medication reaches more patients, faster.
  • Daedal Systems — Daedal Systems delivers nuclear instrumentation, plasma diagnostics, and engineering services for fusion and small modular reactor projects.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Whitecap Venture Partners
VC Fund · Toronto, Ontario, Canada · 5 investments in Canada Transportation startups

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

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Investment focus

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

Investor stats

  • Total investments: 56
  • Round size: Seed $1.9M–$5.4M; Series A $4.1M–$17M; Series B $8.9M–$33M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — raised $110M in 2021

Portfolio highlights

  • thri5 — Thri5 develops software that connects retail data, people, and AI agents to coordinate operational actions.
  • Branch Energy — A tech-powered, green energy provider focused on helping consumers reduce their energy bills and carbon footprints
  • Future Fertility — Future Fertility is a fertility technology company focused on AI-enabled and non-invasive diagnostic solutions to optimize decision making throughout the IVF journey, maximizing the probability of positive outcomes in IVF workflows. The first product is an egg assessment software, which uniquely provides insights in egg quality and has thepotential to improve success rates of IVF, egg freezing and egg donation cycles.
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Cycle Capital
VC Fund · Montréal, Quebec, Canada · 5 investments in Canada Transportation startups

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

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Investment focus

  • Industry: Manufacturing, Energy, Electronics
  • Stage:Series B, Venture - Series Unknown, Seed
  • Geography: Canada, United States, Germany

Investor stats

  • Total investments: 94
  • Round size: Seed $60k–$2.5M; Series B $4.6M–$27M; Venture - Series Unknown $669k–$24M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $194M in 2022

Portfolio highlights

  • Airex Energy — Industrial biomass conversion solutions for biocoal, biochar, and biocarbon using advanced torrefaction and carbonization technologies.
  • Thymox Technology — A powerful, non-toxic botanical disinfectant that kills 99.9% of bacteria, fungi and molds as well as COVID-19. Thymox is safe for you and your family.
  • YWire technologies — Based in Montreal, YWire Technologies designs, manufactures and sells lighting control devices for the commercial buildings market. Founded by three building automation industry veterans in 2009, YWire designs products targeted specifically at lowering the installed cost of integrated systems across the market. The FiveSeries Lighting ControlSystem is the first building-level command and control system in the world to use Broadband over Power Line for device networks and integration into Building Automation Systems.
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Two Small Fish Ventures
VC Fund · Toronto, Ontario, Canada · 5 investments in Canada Transportation startups

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Haply — Haply is a robotics company that provides haptic devices, prototyping, firmware, and virtual learning assistance.
  • YScope — YScope is a software development company that provides log management and troubleshooting tools for automated failure prediction.
  • Qubic Technologies — Qubic Technologies is a manufacturer of quantum microwave transmitters and receivers for remote sensing and communication.
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Maple VC
VC Fund · San Francisco, California, United States · 5 investments in Canada Transportation startups

Working to build the most durable companies in the world - by backing founders with Canadian roots

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Investment focus

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

Investor stats

  • Total investments: 53
  • Round size: Seed $3M–$6M; Pre-Seed $1.3M–$4.5M; Series A $10M–$33M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — raised $4M in 2024

Portfolio highlights

  • FINNY — FINNY is an AI prospecting tool that provides technology solutions for financial advisors.
  • Internet Backyard — The Financial Operations Platform for Compute
  • Sonibel Instruments — Detect weld defects during welding with AI-powered real-time detection. Catch porosity, lack of fusion, and lack of penetration instantly. Reduce weld repairs and save up to 30% on project costs.
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Celtic House Venture Partners
VC Fund · Toronto, Ontario, Canada · 5 investments in Canada Transportation startups

Celtic House Venture Partners is an independent Canadian investment firm.Since 1994, Celtic House has been one of Canada’s most active investors in technology and innovation. Capitalizing on the deep domain expertise of its partners, Celtic House has consistently provided superior financial returns to its investors. Celtic House has collaboratedwith management teams and repeat entrepreneurs to develop technology companies from the inception phase through to exit, generating 25 initial public offerings and successful acquisitions.Celtic House has collaborated with management teams and repeat entrepreneurs to develop technology companies from the inception phase through to exit, generating 25 initial public offerings and successful acquisitions.From offices in Toronto and Ottawa, Celtic House manages in excess of $425 million across three funds. Celtic House is currently making new investments out of Celtic House Venture Partners Fund IV, which closed in 2012.

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Investment focus

  • Industry: Software, Semiconductor, Manufacturing
  • Stage:Series B, Series A
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 113
  • Round size: Series A $3.4M–$14M; Series B $5.6M–$21M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • UniUni — Explore our shipping Universe. Our mission is to be your first-choice for last-mile delivery.
  • 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.
  • Raven Connected — Raven Connected offers vehicle tracking and driver monitoring system services, enhancing safety and efficiency in transportation operations.
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Third Sphere
VC Fund · Brooklyn, New York, United States · 5 investments in Canada Transportation startups

Early-stage fund focused on rapid, scalable climate action and targeting outsized impact and outsized returns.

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Investment focus

  • Industry: Software, Energy, Real Estate
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: United States, United Kingdom, Israel

Investor stats

  • Total investments: 209
  • Round size: Seed $100k–$7.5M; Pre-Seed $150k–$3M; Convertible Note $125k–$1.2M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: Likely still investing — raised $9.9M in 2022

Portfolio highlights

  • Forest3 AI — Forest3 multiplies forest management productivity with small, semi-autonomous equipment for fire prevention and precision harvesting. Forest professionals are empowered to get more coverage in less time with much greater safety.
  • Shellworks — Reimaging nature's packaging with beautifully sustainable, truly compostable alternatives to plastic for cosmetics and beauty products.
  • Merino Energy — Electric cooling and heating installed in an hour or less.
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Innovacorp
VC Fund · Halifax, Nova Scotia, Canada · 5 investments in Canada Transportation startups

Innovacorp is an early-stage venture capital firm that helps knowledge-based startups commercialize their technologies in the global marketplace. It invests in early stage Nova Scotia entrepreneurs, combining venture capital with business mentoring and incubation facilities. Innovacorp was established in 1995 and based in Halifax, Canada.

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Investment focus

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

Investor stats

  • Total investments: 182
  • Round size: Seed $50k–$3.1M; Grant $25k–$94k; Pre-Seed $19k–$1.8M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $40M in 2016

Portfolio highlights

  • Bright Breaks — Bright Breaks offers a workplace wellness solution to boost employee wellness, connection, and productivity with 7-minute live micro-breaks. Bright Breaks' wellness platform is designed to provide users with maximum benefits while requiring the least amount of effort. It only takes a few minutes per day to reduce stress and improve well-being.
  • Planetary — Planetary restores the chemistry of seawater so it can do what it has always done: support life and protect the planet.
  • Planetary — Planetary restores the chemistry of seawater so it can do what it has always done: support life and protect the planet.
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La Caisse
VC Fund · Montréal, Quebec, Canada · 5 investments in Canada Transportation startups, 23 in the past 12 months

The Caisse is a global fund manager. Its clients, which it calls its depositors, are mostly Québec public and private pension funds and insurance plans. The funds entrusted to the Caisse are invested in financial markets in Québec, in Canada and around the world to generate a profit.

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Investment focus

  • Industry: Software, Manufacturing, Financial Services
  • Stage:Private Equity, Venture - Series Unknown, Post-IPO Equity
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 235
  • Round size: Private Equity $50M–$1B; Post-IPO Equity $1.2M–$552M; Venture - Series Unknown $4.7M–$300M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: May invest from a new fund soon — raised $125M in 2021

Portfolio highlights

  • FNZ — We provide a global, end-to-end wealth management platform that integrates technology, business & investment operations all in a regulated financial institution
  • Aeroplan — Aeroplan is an Canadian loyalty marketing program that offers incentive programs for air travel, & home improvement.
  • Altius — Data Infrastructure Trust is a trust that was created under the Indian Trusts Act of 1882 for the purpose of carrying out investment activities as an infrastructure investment trust (InvIT) in accordance with the InvIT Regulations.
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ANIMO Ventures
VC Fund · Miami, Florida, United States · 5 investments in Canada Transportation startups

Seed firm with ~$140m AUM across two funds. Leading pre-Seed & Seed rounds across the US. We invest U$500k-U$2.5m in companies raising U$500k-U$5m.

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Investment focus

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

Investor stats

  • Total investments: 146
  • Round size: Seed $1.8M–$6.5M; Pre-Seed $1M–$3.8M; Series A $8.5M–$25M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Hamlet — Hamlet transforms local information into accessible insights you can use and shares it via newsletter.
  • Zócalo Health — Zócalo Health is a primary care provider that delivers integrated medical, behavioral, and social care services, with a focus on improving access for underserved communities, particularly Latino populations. The company combines virtual clinical services with in-person community engagement, using outreach teams to connect with patients in localsettings such as schools, churches, and community organizations. Each patient is supported by a coordinated care team that may include a community health worker, a physician, and a behavioral health specialist, who collaborate to develop personalized care plans addressing medical, social, and mental health needs. The organization also provides care coordination services, assisting patients with appointments, access to community resources, and ongoing health management. Its model emphasizes continuous engagement through both digital tools and community-based interactions to manage complex health conditions and improve care outcomes.
  • Flamingo — Open-source MSP software with AI that handles tier-1 tickets. Cut vendor costs 40%, hit 20%+ margins. See how 384+ MSPs made the switch.
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Markd
VC Fund · Boulder, Colorado, United States · 5 investments in Canada Transportation startups

Markd is a venture capital company focused on funding and partnering with transformative Insurtechs.

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Investment focus

  • Industry: Insurance, InsurTech, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 40
  • Round size: Seed $750k–$7.8M; Pre-Seed $1.3M–$1.5M; Series A $13M–$24M
  • Lead/follow: 75% lead, 25% follow
  • Last fund: Likely actively investing — fresh fund, raised $500M in 2025

Portfolio highlights

  • Irys Insurtech — Irys Insurtech is a new generation of insurance management software focused on customer relationships
  • LuckyTruck — LuckyTruck | We're here to help! Buy commercial trucking insurance and manage it through one seamless platform. Get started now
  • CrashBay — CrashBay is a digital marketplace for car repair. We connect qualified car repair shops with car owners, insurers, fleet and rideshare-carshare companies everywhere.
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Transportation VC funding in Canada at a glance

Stats across 1.4k deals from 1.1k investors.

1.1k
investors
in Canada Transportation startups
1.4k
deals
in Canada Transportation startups
$1.5M
median round
in Canada Transportation startups
50%
lead investors
lead at least one round
20%
Grant
most common funding stage

Access all 1092 VC funds in Canada Transportation startups.

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