Home / Browse / Canadian AI / ML Investors

Canadian AI / ML Investors

91 funds

Canada hosts 63 venture funds actively investing in AI and machine learning companies.

7 Gate Ventures

Vancouver, BC
SeedSeries A

Early-stage VC investing in Seed to pre-Series A technology startups, with a sector focus on software, SaaS, cloud services, marketplaces, mobile, big

SoftwareSaaS

AltaML Venture Studio

Edmonton, AB
SeedEarly

Venture studio that brings together talent, AI/ML expertise and capital to accelerate the growth of applied AI startups within specific enterprise ver

Applied AI/MLEnterprise Technology

Amiral Ventures

Montréal, Québec
Early

Enterprise AI solutions driving enterprise productivity, resilience, and sustainability.

AICleantech

Amplify Capital

Toronto, Ontario
Early

Early-stage impact venture fund focused on transformational technology in Climate and Health solutions.

AICleantech

Amplitude Ventures

Montréal, Québec
SeedGrowth

Capital catalyst for precision medicine and next-generation medical devices at point of value acceleration.

AILife Sciences

Apex Innovative Investments Ventures Ltd.

Toronto, ON
SeedEarly

Toronto-based $35MM venture capital fund founded in 2022 investing in early-stage startups across AI, fintech, SaaS, healthcare, and cleantech across

AIFinTech

ArcTern Ventures

Toronto, ON
EarlyGrowth

Toronto-based VC investing globally in breakthrough clean technology growth companies addressing climate change. Fund III closed at $450M CAD. Selecte

Climate TechnologyClean Technology

asterX Capital

Montreal, QC
SeedSeries A

Corporate venture arm of Quebecor (established 2021) investing in media, ad-tech, mar-tech, sports-tech, and entertainment-technology startups.

MediaAdTech

ATCO Ventures

Calgary, AB
SeedSeries A

Balance-sheet corporate venture arm of ATCO (established 2024) investing in energy solutions, modular construction, AI and data, and field-operations

EnergyCleanTech

BCF Ventures

Montréal, Québec
Early

Focus on technology companies with validated product-market fit ready to accelerate growth. Staged strategy with discovery checks, building conviction

AIB2C

BCI Venture and Growth

Victoria, BC
Series B+Growth

Venture and growth program within British Columbia Investment Management Corporation; direct stakes plus co-investment, leaning late stage.

Enterprise SoftwareAI

BDC Climate Tech Practice

Canada
SeedSeries A

BDC Capital's Climate Tech Practice — the team investing in Canadian climate technology since 2018, deploying through its Climate Tech Fund I and II (

CleantechClimate Tech

BDC Deep Tech Venture Fund

Canada
SeedSeries A

Canada's largest dedicated deep tech fund at $200M. Targets 15-20 seed to Series A Canadian companies developing transformational technologies in quan

Quantum ComputingElectronics

BDC Growth Venture Fund

Canada
Growth

A $500M BDC fund targeting late-stage, innovation-based businesses at an inflection point with strong potential for meaningful scale. Invests up to $1

Artificial IntelligenceMachine Learning

BDC Industrial Innovation Venture Fund

Canada
SeedSeries A

Fund I ($250M) + Fund II ($200M) backing early-stage companies in legacy industries where enabling technologies can reshape Canadian companies into gl

AgTechFoodTech

BDC Seed Venture Fund

Canada
Pre-SeedSeed

A $100M BDC fund helping Canadian entrepreneurs get ideas off the ground. Sector-agnostic software focus with cheque sizes of $100K-$1M. Pan-Canadian

Enterprise SaaSFinTech

BDC StrongNorth Fund

Canada
SeedSeries A

A $300M BDC fund backing early-stage Canadian deep-tech startups with defence-focused or dual-use applications — aerospace, autonomous systems, sensor

DefenceDual-Use

BDC Sustainability Venture Fund

Canada
SeedSeries A

A $150M BDC fund investing in early-stage businesses developing software and asset-light technologies for a net-zero economy, aligned with UN SDGs. Eq

Sustainability SoftwareClimate Action Tech

Bell Ventures

Verdun, Québec

Network technologies, leading consumer and enterprise solutions, and innovation in data, analytics, AdTech, media, and content distribution aligned wi

AIB2C

BlackBerry IVY Innovation Fund

Waterloo, ON
SeedSeries A

BlackBerry venture fund (around 50 million dollars) investing in startups building on the BlackBerry IVY connected-vehicle data platform.

AutomotiveConnected Vehicle

Brilliant Phoenix Capital

Vancouver, BC
EarlyGrowth

Invest in AI, space, energy, and real estate across North America and Israel through thematic funds.

AIOther

Chrysalix Venture Capital

Vancouver, BC
Early

Experienced industrial sustainability investor with 20+ years in energy and industrial innovation. Fifth fund invests in early-stage technologies for

Industrial SustainabilityCarbon Neutrality

CIBC Innovation Banking

Toronto, Ontario
Multi-StagePE / Debt

Strategic advice, cash management, and flexible capital solutions to innovation companies. Financing from $1M to $100M+.

AgtechAI

Cisco Investments

San Jose, California, USA
SeedSeries A

Cisco Investments is Cisco's corporate venture arm. It makes direct minority investments and fund-of-funds investments in startups that complement Cis

AINetworking

Claridge

Montreal, QC
Growth

Private investment firm investing $5M-$30M in high-quality businesses with strong defensible market positions.

TechnologyEntertainment

Comcast Ventures

New York, New York, USA
Series ASeries B+

Comcast Ventures is the corporate venture arm of Comcast. It was formed in 2011 by merging two earlier arms and has a 20+ year history of backing entr

Generative AIAI infrastructure

Defined VC

Vancouver, BC
SeedEarly

Thesis-first VC backing founders shaping the AI frontier. Over a decade of AI investing with $20B+ in enterprise value created, 4 unicorn exits includ

Artificial IntelligenceRobotics

Deloitte Ventures

Toronto, Ontario
Early

Invest in early-stage B2B enterprise software companies with clear product-market fit and strong Canadian angle.

AICleantech

Desjardins Capital

Montreal, QC
GrowthPE / Debt

Private equity arm of Desjardins Group (Canada's largest cooperative financial group) since 1974. Provides venture and growth capital to Quebec busine

TechnologyManufacturing

Diagram

Montréal, Québec
Early

Venture studio and VC focused on launching transformative Fintech and ClimateTech companies.

AICleantech

entrepreneurship@UBC Seed Fund

Vancouver, BC
Pre-SeedSeed

Direct-equity seed fund of the University of British Columbia investing 50,000 to 250,000 dollars into UBC-connected startups.

Deep TechCleanTech

Evok Innovations

Vancouver, BC
Series A

Invest in exceptional entrepreneurs with innovative climate technologies in energy, critical minerals, industrial optimization.

AICleantech

FairVentures

Toronto, ON
SeedSeries A

Strategic venture arm of Fairfax Financial Holdings making direct minority investments in insurance, fintech, and technology.

InsuranceFinTech

Financiere Outremont

Montreal, QC
Series AGrowth

Family holding company of Pierre Karl Peladeau making direct minority investments such as Connect and GO and Moment Factory.

MediaEntertainment

First Ascent Ventures

Toronto, Ontario
Series A

Early stage, emerging and growth-oriented enterprise software companies. Dedicated Enterprise software focus.

AICybersecurity

Fondaction

Montreal, QC
Growth

Quebec labour-sponsored fund focused on responsible and sustainable investing. Partners with Fonds FTQ, Investissement Québec, and BDC to support Queb

Clean TechnologySocial Economy

Framework Venture Partners

Toronto, Ontario
Series A

Active capital model in AI-powered vertical SaaS. Focus on proven product-market fit and compelling unit economics.

AIB2C

Futuresight

Toronto, Ontario
Early

CoFounds & Funds B2B AI-native SaaS companies with values-driven leaders.

AIFintech

GM Ventures

Warren, Michigan, USA
Series ASeries B+

GM Ventures is General Motors' venture capital arm, founded in 2010. It makes equity investments in startups working on technologies tied to GM's visi

EV and battery technologyenergy storage

Graphite Ventures

Toronto, Ontario
Seed

Canada's seed stage VC partner for exceptional B2B founders. Focus on capital efficiency and global scaling.

AICybersecurity

Hercules Capital

Palo Alto, CA, USA
PE / DebtGrowth

Largest non-bank venture debt lender globally with $10B+ portfolio. Active lender to Canadian tech and life sciences companies. Publicly traded (NYSE:

TechnologyLife Sciences

Horizon Technology Finance

Farmington, CT, USA
PE / DebtGrowth

Non-bank venture lending company providing venture debt to VC-backed technology, life sciences, healthcare, and sustainability companies. Publicly tra

TechnologyLife Sciences

i4 Capital

Quebec City, QC
Seed

Quebec City deep-tech seed fund (about 40 million dollars toward a 60 million dollar target) via the Fonds Eureka mandate.

Deep TechIndustry 4.0

Inovia Capital

Montréal, Québec
Pre-SeedMulti-Stage

Focus on software companies and AI driving positive impact on global scale. Three strategies: Discovery, Venture, Growth.

AIB2C

INP Capital

Vancouver, BC
Early

Global deeptech and greentech companies reshaping legacy industries. Bridge between Canada and Asia-Pacific.

AgtechAI

Intact Ventures

Toronto, ON
Series ASeries B+

Corporate venture arm of Intact Financial investing in insurtech, fintech, and adjacent technology from early to growth stage. Roughly 400 million dol

InsurtechFinTech

Intrepid Growth Partners

Vancouver, BC
Growth

Growth-stage AI companies with proven product-market fit in Canada and UK.

AICybersecurity

IVEST Consumer Partners

Vancouver, BC
GrowthPE / Debt

Vancouver-based PE firm focused on consumer brands. Portfolio generates $1.5B+ in annual retail sales.

Consumer ProductsRetail

L-SPARK

Ottawa, ON
SeedSeries A

Ottawa SaaS accelerator (Wesley Clover) that takes about 3 percent equity contingent on the startup raising within an 18-month window, with no cash in

B2B SaaSCloud

Lalotte Ventures

Montreal, QC
SeedSeries A

Family office of Mitch Garber making 100,000 to 500,000 dollar direct investments in sports, media, gaming, and entertainment; operates via BCF Ventur

SportsMedia

Linearis Ventures

Quebec City, QC
SeedSeries B+

Fund igniting precision medicine by supporting early-stage discoveries; innovation arm at the intersection of AI and biomarker analysis for metabolic

Healthcare/Life SciencesPrecision Medicine

Mantella Venture Partners

Toronto, ON
Seed

Toronto-based VC investing in lean, product-focused teams solving real-world problems. Three funds with aggregate market value exceeding $70M.

Enterprise ApplicationsRetail

McRock Capital

Toronto, ON
Series ASeries B+

First dedicated Digital Industrial VC. Invests in Industrial AI and software at the intersection of data, automation, and large physical operations ac

AIIoT

Mistral Venture Partners

Ottawa, ON
Pre-SeedSeed

Leading seed-stage venture capital firm in Canada, established in 2013. Focuses on early bets in enterprise software, AI, and marketplace companies.

Enterprise SoftwareArtificial Intelligence

NAventures

Montréal, Québec
SeedSeries B+

Corporate VC arm of National Bank of Canada. Direct equity investment in high growth potential technology companies.

AICybersecurity

New Brunswick Innovation Foundation (NBIF)

Fredericton, NB
Pre-SeedSeed

Evergreen pre-seed and seed VC backed by $100M fund. Invests in 1 of every 6 tech companies in New Brunswick.

TechnologyApplied Research

NextAI

Toronto, ON
Pre-Seed

AI accelerator by NEXT Canada; the Toronto stream invests up to 25,000 dollars plus 100,000 dollar follow-on via post-money SAFE.

AIDeep Tech

NGIF Capital

Calgary, Alberta
SeedSeries B+

Early-stage cleantech startups enhancing performance in natural gas value chain. Industry-backed model.

AgtechAI

OpenText Ventures

Waterloo, ON
Growth

Balance-sheet corporate venture investing by OpenText, taking minority stakes in enterprise software, cybersecurity, and AI companies, often ahead of

Enterprise SoftwareCybersecurity

Pelorus VC

St. John's, NL
Pre-Seed

Hands-on pre-seed investor backing Newfoundland and Labrador's most ambitious innovation companies.

AIHealthtech

Pender Ventures

Vancouver, BC
Growth

Health tech and B2B technology at inflection point between commercialization and scale.

AICybersecurity

Persistence Capital Partners

Montreal, QC
PE / Debt

Private equity fund exclusively focused on high-growth opportunities in the healthcare field.

Healthcare/Life SciencesSoftware

Porsche SE

Stuttgart, Germany
Series B+Growth

Porsche SE is a holding company. It splits its investments into core investments (Volkswagen, Porsche AG) and portfolio investments, and its interim r

Artificial intelligenceAutonomous trucking

Radical Ventures

Toronto, Ontario
EarlyGrowth

Invest in world-leading companies developing and applying artificial intelligence.

AI

RBC Capital Partners

Toronto, Ontario
Series A

CVC and fund investment arm of RBC. Invest directly in Financial Services companies, opportunistic to other aligned sectors. $5-10MM typical.

AICleantech

Relentless Pursuit Partners

Vancouver, BC
Early

Focus on most common age-related conditions: brain health, diabetes, cardiovascular, mobility, respiratory, musculoskeletal.

AIHealthtech

RiSC Capital Corp

Toronto, Ontario
Pre-Seed

Canada's first deep tech fund. Focus on university spin-outs and pre-seed deep tech startups.

AgtechAI

Roller Labs Ventures

Toronto, ON
Multi-Stage

Canadian Tire Corporation's (CTC) corporate venture capital fund.

Retail TechnologyConsumer

Serruya Private Equity

Markham, ON
Growth

Family office of the Serruya family (Yogen Fruz founders) taking direct minority and control stakes in consumer, restaurant, and retail brands.

FoodRestaurant

Simple Ventures

Toronto, ON
Pre-Seed

Venture studio that builds and funds companies from the ground up; 15 million dollars raised, with limited partners including TD, Sun Life, and Sobeys

ConsumerHealthTech

Spin Master Ventures

Toronto, ON
SeedSeries A

Corporate venture arm of Spin Master backing kids entertainment, toys, games, and consumer and edtech startups.

Kids and FamilyEntertainment

Spring Impact Capital

Vancouver, BC
Pre-Seed

Founders of Canadian startups leading to a more sustainable, healthy, and equitable world.

AgtechAI

Staircase Ventures

Toronto, Ontario
Seed

Lead seed-stage rounds into B2B software companies. Five-pillar Founder Growth Platform.

AIFintech

SVG Ventures | THRIVE

Calgary, Alberta
SeedEarly

Ground-breaking startups revolutionizing agrifood through technology-enabled solutions for climate, food security, sustainability.

AgtechAI

TandemLaunch

Montréal, Québec
SeedEarly

Start-up foundry and seed fund in AI, Computer Vision, IoT, Advanced Sensors, sustainability, and Advanced Materials.

AICleantech

Teachers Venture Growth (TVG)

Toronto, ON
Series B+Growth

Late-stage venture and growth investing arm of the Ontario Teachers Pension Plan (established 2019); direct stakes plus select fund commitments.

EnterpriseDeepTech

Telegraph Ventures

Montreal, QC
Pre-SeedSeed

A 35 million dollar fund backing enterprise-AI startups in Quebec, with limited partners including Investissement Quebec, Teralys, and Inovia.

Enterprise AIB2B Software

TELUS Global Ventures

Vancouver, BC
Series A

Strategic investment arm in AgTech, Digital HealthTech, Connected Consumer, and Enterprise Platforms & IoT.

AgtechAI

Top Down Ventures

Vancouver, BC
Early

Software and AI infrastructure powering global Managed Services ecosystem ($600B market).

AICybersecurity

Toronto Innovation Acceleration Partners (TIAP)

Toronto, ON
Pre-SeedSeed

Venture builder (formerly MaRS Innovation) co-owned by the University of Toronto and Toronto teaching hospitals; pre-seed and seed equity of 50,000 to

TherapeuticsMedical Devices

Toyota Ventures

San Francisco, California, USA
SeedSeries A

Toyota Ventures is Toyota's early-stage venture arm. In April 2024 it announced two new $150M funds, bringing total new capital to $300M, to invest in

Frontier technologyClimate solutions

TriWest Capital Partners

Calgary, AB
PE / Debt

One of Canada's leading private equity firms with experience in service, manufacturing and distribution sectors.

Energy & PowerIndustrial & Manufacturing

Two Small Fish Ventures

Toronto, Ontario
Early

Next frontier of computing: domain specific deep AI platforms, physical AI, AI infrastructure, advanced computing hardware, smart energy.

AICleantech

Vanedge Capital

Vancouver, BC
Early

Two themes: AI & Analytics and Disruptive HardTech. Target companies with sustainable technological advantages.

AICleantech

Venture Ontario

Toronto, ON
Growth

Government of Ontario fund-of-funds (formerly Ontario Capital Growth Corporation) committing as a limited partner to Canadian venture funds rather tha

ICTLife Sciences

Venture Scientist Fund

Montreal, QC
Pre-Seed

A 100 million US dollar fund co-launched by the Mila AI institute and Inovia Capital to spin foundational-AI research out of the lab at the pre-incorp

AIDeep Tech

Version One Ventures

Vancouver, BC
Early

Back mission-driven founders early in new areas. Focus on crypto, deep tech, and enterprise SaaS.

AIB2C

Vistara Growth

Vancouver, BC
Growth

Flexible growth capital solutions (debt, convertible debt, structured equity) to mid-later stage technology companies. $10M-$50M.

AICybersecurity

WELL Health Ventures

Vancouver, BC
SeedSeries A

Corporate venture arm of WELL Health Technologies investing in digital health, healthcare AI, and clinical software.

Digital HealthHealthTech

White Star Capital

London, UK
SeedSeries B+

International technology investment manager. Early Growth Fund, Digital Asset Fund, and North American Seed Fund.

AIB2C

Yaletown Partners

Vancouver, BC
Growth

North America's Intelligent Industry through software, AI/ML, and IIoT. Digitalization, transformation, and sustainability.

AgtechAI