Updated List of Recently Funded Startups in Canada for 2025
Last update to database: April 21, 2025
Exploring the Canadian Startup Funding Landscape in 2025
Explore our up-to-date list of the top Canadian startups that have recently secured funding. Our list is updated every week and includes detailed insights into each company's funding round, investors, and industry sector.
This comprehensive guide is a useful resource for investors, entrepreneurs, and anyone interested in the vibrant Canadian startup scene.
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Updated List of Recently Funded Startups in Canada for 2025
Last update to database: April 21, 2025
Subscribe to Unlock The Latest Funded Startups
Get Started FreeConnect with founders and decision-makers at recently funded startups. Subscribe to unlock full company and contact data.
Exploring the Canadian Startup Funding Landscape in 2025
Explore our up-to-date list of the top Canadian startups that have recently secured funding. Our list is updated every week and includes detailed insights into each company's funding round, investors, and industry sector.
This comprehensive guide is a useful resource for investors, entrepreneurs, and anyone interested in the vibrant Canadian startup scene.
Comprehensive Database of Recently Funded Companies in Canada - Updated Weekly
This data is delayed by 4 weeks. Subscribe for instant access to real-time funding rounds and contact data.
Company Name
|
Industries | Funding Amount (USD) | Recent Funding Date | Recent Funding Type | Company Headquarters | # Employees | Company Description | Top 5 Investors | Currently Hiring |
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CoLab | Consumer Electronics & De... | $4M Subscribe to Unlock | March 2025 | Series B | St. John's, Newfoundland, Canada | 130 | Modern collaboration tech... | Y Combinator, Insight Par... | Subscribe to Unlock |
Summit Nanotech | Energy & Sustainability, ... | $26M Subscribe to Unlock | March 2025 | Venture - Series Unknown | Calgary, Alberta, Canada | 110 | B2B enterprise deploying ... | BDC Venture Capital, Crea... | Subscribe to Unlock |
Phoenix | Community & Lifestyle, He... | $35M Subscribe to Unlock | March 2025 | Series A | Toronto, Ontario, Canada | 31 | Digital health platform o... | Y Combinator, Goodwater C... | Subscribe to Unlock |
Augmenta | Artificial Intelligence, ... | $10M Subscribe to Unlock | March 2025 | Seed | Toronto, Ontario, Canada | 58 | Solution driving next-lev... | Eclipse Ventures, Montage... | Subscribe to Unlock |
Shared Tower | Software | $70M Subscribe to Unlock | March 2025 | Private Equity | Oakville, Ontario, Canada | 21 | Telecom infrastructure ve... | Northleaf Capital Partner... | Subscribe to Unlock |
Novarc | Robotics & Automation, In... | $50M Subscribe to Unlock | March 2025 | Series B | North Vancouver, British Columbia, Canada | 130 | Robotics company speciali... | Export Development Canada... | Subscribe to Unlock |
FutureVault | Financial Services, Wealt... | $3M Subscribe to Unlock | March 2025 | Venture - Series Unknown | Toronto, Ontario, Canada | 28 | Digital vault solutions e... | Subscribe to Unlock | |
VRIFY | Information Technology Se... | $9M Subscribe to Unlock | February 2025 | Series B | Vancouver, British Columbia, Canada | 96 | Information technology an... | Tiny, Resource Capital Fu... | Subscribe to Unlock |
Merchkit | Artificial Intelligence, ... | $1M Subscribe to Unlock | February 2025 | Pre-Seed | Vancouver, British Columbia, Canada | 3 | AI-driven software platfo... | Antler, Afore Capital | Subscribe to Unlock |
Nexera Robotics | Robotics & Automation | $5M Subscribe to Unlock | February 2025 | Seed | North Vancouver, British Columbia, Canada | 12 | Exciting grasping platfor... | Business Development Bank... | Subscribe to Unlock |
Venn | Financial Services | $15M Subscribe to Unlock | February 2025 | Series A | Toronto, Ontario, Canada | 23 | Banking platform integrat... | Left Lane Capital, Fin Ca... | Subscribe to Unlock |
Dispersa | Biotechnology, Chemical E... | $4M Subscribe to Unlock | February 2025 | Seed | Laval, Quebec, Canada | 13 | Harnessing microbe-derive... | Business Development Bank... | Subscribe to Unlock |
Afynia Laboratories | Health Care | $5M Subscribe to Unlock | February 2025 | Seed | Hamilton, Ontario, Canada | 6 | Women’s health company of... | Gaingels, SOSV, Bio-Rad L... | Subscribe to Unlock |
Aeon Blue | Natural Resources, Chemic... | $195K Subscribe to Unlock | February 2025 | Venture - Series Unknown | Sydney, Nova Scotia, Canada | 3 | Developer of a process cr... | Cape Breton Capital Group | Subscribe to Unlock |
Paradox Immunotherapeutics | Biotechnology, Life Scien... | $10M Subscribe to Unlock | February 2025 | Venture - Series Unknown | Toronto, Ontario, Canada | 8 | Pharmaceutical firm devel... | Creative Destruction Lab ... | Subscribe to Unlock |
Quack | B2B, Web Development and ... | $500K Subscribe to Unlock | February 2025 | Seed | Calgary, Alberta, Canada | 5 | Cold calling platform for... | FounderFuel, Metiquity Ve... | Subscribe to Unlock |
Variational AI | Artificial Intelligence, ... | $6M Subscribe to Unlock | February 2025 | Seed | Vancouver, British Columbia, Canada | 16 | Generative AI solutions f... | Flying Fish Partners, Mer... | Subscribe to Unlock |
Dial AI | Artificial Intelligence, ... | $1M Subscribe to Unlock | February 2025 | Seed | Vancouver, British Columbia, Canada | 6 | AI-driven customer suppor... | Subscribe to Unlock | |
Hyperlume | Software | $13M Subscribe to Unlock | February 2025 | Seed | Ottawa, Ontario, Canada | 12 | Developing sub pJ/bit opt... | Business Development Bank... | Subscribe to Unlock |
Paperplane Therapeutics | Health Care, Medical Devi... | $2M Subscribe to Unlock | February 2025 | Seed | Montréal, Quebec, Canada | 7 | Software developer creati... | National Bank of Canada, ... | Subscribe to Unlock |
Reverb Therapeutics | Health Care, Therapeutics | $12M Subscribe to Unlock | February 2025 | Seed | Vancouver, British Columbia, Canada | 9 | Developing AI-powered tre... | Finchley Healthcare Ventu... | Subscribe to Unlock |
Glassbox | Artificial Intelligence, ... | $1M Subscribe to Unlock | February 2025 | Pre-Seed | Toronto, Ontario, Canada | 7 | AI-powered financial anal... | Antler, Watertower Ventur... | Subscribe to Unlock |
Raenest | Financial Services, Payme... | $11M Subscribe to Unlock | February 2025 | Series A | Toronto, Ontario, Canada | 59 | Multi-currency accounts p... | Techstars, QED Investors,... | Subscribe to Unlock |
StormFisher | Agriculture & Farming, En... | $50M Subscribe to Unlock | February 2025 | Private Equity | Toronto, Ontario, Canada | 30 | Renewable energy firm bui... | Hy24, Denham Capital, ARC... | Subscribe to Unlock |
NotaryPro | Legal and Compliance Serv... | $698K Subscribe to Unlock | February 2025 | Undisclosed | Ottawa, Ontario, Canada | 45 | Convenient notary public ... | Michele Romanow | Subscribe to Unlock |
Laughing Dragon | Digital Animation, Media ... | $1M Subscribe to Unlock | February 2025 | Private Equity | Montréal, Quebec, Canada | 63 | Animation house specializ... | Subscribe to Unlock | |
FLiiP | IT & Communication Servic... | $3M Subscribe to Unlock | February 2025 | Seed | Montréal, Quebec, Canada | 26 | Software management compa... | Cultivation Capital, Bore... | Subscribe to Unlock |
VueReal | Consumer Electronics & De... | $41M Subscribe to Unlock | January 2025 | Series C | Waterloo, Ontario, Canada | 66 | Provides micro-LED displa... | Export Development Canada... | Subscribe to Unlock |
Offstreet | Software, Automotive Indu... | $2M Subscribe to Unlock | January 2025 | Seed | Regina, Saskatchewan, Canada | 23 | Builds software to manage... | Cultivator, Broad Street ... | Subscribe to Unlock |
OneVest | Financial Services, Payme... | $20M Subscribe to Unlock | January 2025 | Series B | Calgary, Alberta, Canada | 73 | Wealth-as-a-Service platf... | Edward Lando, Pareto Hold... | Subscribe to Unlock |
Sound Blade Medical | Health Care, Medical Devi... | $17M Subscribe to Unlock | January 2025 | Series A | Halifax, Nova Scotia, Canada | 5 | Early-stage medical devic... | Lumira Ventures, Invest N... | Subscribe to Unlock |
Darwin CX | Artificial Intelligence, ... | $12M Subscribe to Unlock | January 2025 | Venture - Series Unknown | Toronto, Ontario, Canada | 71 | SaaS platform superchargi... | TTA Investments, New Era ... | Subscribe to Unlock |
Mangrove Lithium | Energy & Sustainability, ... | $35M Subscribe to Unlock | January 2025 | Venture - Series Unknown | Vancouver, British Columbia, Canada | 48 | Develops a platform for c... | Export Development Canada... | Subscribe to Unlock |
Optable | General Advertising, Adve... | $20M Subscribe to Unlock | January 2025 | Series A | Montreal, Quebec, Canada | 52 | Data collaboration and cl... | Brightspark Ventures, Del... | Subscribe to Unlock |
Cinareo | Data & Analytics, Payment... | $1M Subscribe to Unlock | January 2025 | Pre-Seed | Toronto, Ontario, Canada | 8 | Omni-channel capacity pla... | BDC Venture Capital, Acce... | Subscribe to Unlock |
Cyclic Materials | Industrial & Manufacturin... | $2M Subscribe to Unlock | January 2025 | Series B | Kingston, Ontario, Canada | 57 | Recycles rare earth eleme... | Fifth Wall, Hitachi Ventu... | Subscribe to Unlock |
Basetwo AI | Artificial Intelligence, ... | $11M Subscribe to Unlock | January 2025 | Series A | Toronto, Ontario, Canada | 19 | AI copilot for manufactur... | The Boeing Company, Edwar... | Subscribe to Unlock |
Spaceium | IT & Communication Servic... | $6M Subscribe to Unlock | January 2025 | Seed | Ottawa, Ontario, Canada | 2 | Develops spacecraft docki... | Crosscourt Ventures, Y Co... | Subscribe to Unlock |
Borderless AI | HR & Staffing, Artificial... | $5M Subscribe to Unlock | January 2025 | Seed | Toronto, Ontario, Canada | 25 | Helps onboard, manage, an... | Susquehanna International... | Subscribe to Unlock |
Moment Energy | Energy & Sustainability, ... | $15M Subscribe to Unlock | January 2025 | Series A | Coquitlam, British Columbia, Canada | 48 | Repurposes electric vehic... | US Department of Energy, ... | Subscribe to Unlock |
Lyteflo | Sales and Marketing , Sof... | $3M Subscribe to Unlock | January 2025 | Seed | Toronto, Ontario, Canada | 5 | Provides electric vehicle... | Diagram Ventures, Whiteca... | Subscribe to Unlock |
SellIt9 | E-Commerce & Retail, Cons... | $1M Subscribe to Unlock | January 2025 | Pre-Seed | Toronto, Ontario, Canada | 9 | “Affirm for trade-ins” – ... | Drive Capital, Northside ... | Subscribe to Unlock |
Vasco | Financial Services, Busin... | $8M Subscribe to Unlock | January 2025 | Seed | Montréal, Quebec, Canada | 27 | Software company providin... | Inovia Capital, Davidovs ... | Subscribe to Unlock |
LemFi | Financial Services, Payme... | $53M Subscribe to Unlock | January 2025 | Series B | Toronto, Ontario, Canada | 260 | Provides users with accou... | Y Combinator, Goodwater C... | Subscribe to Unlock |
Enhanced Medical Nutrition | Life Sciences, Health Car... | $5M Subscribe to Unlock | January 2025 | Series A | Toronto, Ontario, Canada | 13 | Develops medical food pro... | Elder, PeakBridge, NEXT C... | Subscribe to Unlock |
Gumloop | IT & Communication Servic... | $17M Subscribe to Unlock | January 2025 | Series A | Vancouver, British Columbia, Canada | 10 | No-code platform to build... | Y Combinator, Nexus Ventu... | Subscribe to Unlock |
Esphera SynBio | Biotechnology, Life Scien... | $2M Subscribe to Unlock | January 2025 | Seed | Ottawa, Ontario, Canada | 5 | Biotechnology company lev... | GKCC, FACIT | Subscribe to Unlock |
MolecuLight | Health Care, Medical Devi... | $28M Subscribe to Unlock | January 2025 | Venture - Series Unknown | Toronto, Ontario, Canada | 53 | Develops portable handhel... | Export Development Canada... | Subscribe to Unlock |
Attention Labs | Artificial Intelligence, ... | $702K Subscribe to Unlock | December 2024 | Pre-Seed | Toronto, Ontario, Canada | 20 | Smart audio routing for c... | Techstars, Avalanche VC, ... | Subscribe to Unlock |
Proton Intelligence | Health Care, Health Diagn... | $7M Subscribe to Unlock | December 2024 | Seed | Vancouver, British Columbia, Canada | 19 | Provides biomarker monito... | Plug and Play, IndieBio, ... | Subscribe to Unlock |
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