Startup funding in Canada
85 funding rounds for startups in Canada were tracked in the last 24 months, raising about €1.2B in total. The largest was LawZero at €186M. Data to 2026-10-12.
85Rounds
€1.2BRaised
See these rounds on the map or search the full table.
Stages
Top sectors
Largest rounds
| Company | Amount | Stage | Date | Source |
|---|---|---|---|---|
| LawZero | €186M | Grant | 2026-09-16 | link |
| Biossil | €132M | Series D+ | 2026-09-28 | link |
| Xanadu | €121M | Grant | 2026-08-28 | link |
| Clearco | €86.0M | Debt | 2026-08-18 | link |
| Dominion Dynamics | €86.0M | Series A | 2026-06-30 | link |
| Kanin Energy | €85.6M | Growth/Late | 2026-09-16 | link |
| Float Financial | €52.7M | Series C | 2026-06-25 | link |
| Mecka AI | €51.6M | Series B | 2026-10-07 | link |
| Stathera | €47.3M | Series B | 2026-06-30 | link |
| Helcim | €32.9M | Series C | 2026-08-21 | link |
Most active investors
- Government of Canada · 7 rounds
- Prairies Economic Development Canada · 7 rounds
- Garage Capital · 6 rounds
- Emissions Reduction Alberta · 4 rounds
- Golden Ventures · 3 rounds
Latest rounds
| Date | Company | Amount | Stage | Source |
|---|---|---|---|---|
| 2026-10-07 | Mecka AI | €51.6M | Series B | link |
| 2026-10-06 | CyberWorks Robotics | €620K | Grant | link |
| 2026-10-02 | One Silicon Chip Photonics (OSCP) | €5.2M | Series A | link |
| 2026-10-01 | H2 Analytics | €496K | Grant | link |
| 2026-09-29 | Daedal Systems | €3.4M | Early VC | link |
| 2026-09-28 | Biossil | €132M | Series D+ | link |
| 2026-09-24 | Axya | €10.5M | Series A | link |
| 2026-09-23 | Stemcell Technologies | €1.7M | Grant | link |
| 2026-09-23 | Qidni Labs | €7.8M | Grant | link |
| 2026-09-23 | Northern RNA | €3.7M | Grant | link |
| 2026-09-23 | Avivo Biomedical | €6.8M | Grant | link |
| 2026-09-23 | Blair Health | €2.6M | Pre-Seed | link |
| 2026-09-21 | Thri5 | €4.6M | Seed | link |
| 2026-09-21 | Altis Labs | €21.5M | Series A | link |
| 2026-09-17 | Cura | €8.6M | Series A | link |
| 2026-09-17 | Mila | n/d | Grant | link |
| 2026-09-16 | LawZero | €186M | Grant | link |
| 2026-09-16 | MetaOptima Technology | n/d | Grant | link |
| 2026-09-16 | Onco-Innovations | n/d | Grant | link |
| 2026-09-16 | Qalam Health Solutions | n/d | Grant | link |
| 2026-09-16 | Orbits | €1.7M | Pre-Seed | link |
| 2026-09-16 | Kanin Energy | €85.6M | Growth/Late | link |
| 2026-09-11 | Ultimarii | €8.1M | Series A | link |
| 2026-09-11 | Micrologic | €27.9M | Growth/Late | link |
| 2026-09-10 | Galaxia Space Systems | €2.8M | Early VC | link |
Frequently asked questions
- How much funding did startups in Canada raise in the last 24 months?
- Across 85 tracked rounds, startups in Canada raised about €1.2B in total (amounts normalised to EUR). Data runs to 2026-10-12.
- What was the largest funding round for startups in Canada?
- LawZero raised €186M (Grant) on 2026-09-16.
- Which investors are most active in startups in Canada?
- By number of tracked rounds: Government of Canada (7), Prairies Economic Development Canada (7), Garage Capital (6), Emissions Reduction Alberta (4), Golden Ventures (3). Investor names are only available for rounds where the source disclosed them.
- Which sectors raise the most rounds for startups in Canada?
- AI (36), Healthtech (21), Deeptech (11), Software (10), by number of rounds.
- Where does this data come from?
- Rounds come from the Tech.eu Funding Explorer (Europe, CC BY 4.0), startup news feeds read by an AI model, and SEC EDGAR Form D filings in the US. Europe has the deepest coverage, so totals for other regions are likely understated. Check the linked source before relying on any figure.