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Canadian Deep Tech / Hardware Investors

50 funds

Canada has 32 venture capital funds actively investing in deep tech and hardware companies.

AC

ACET Capital

Sherbrooke, QC
Pre-SeedSeed

Two venture funds run by ACET at the Universite de Sherbrooke, backed by Investissement Quebec and National Bank; more than 65 million dollars deploye

HealthTechGreenTech
AB

adMare BioInnovations

Vancouver, BC
SeedSeries A

Canada's Global Life Sciences Venture, sourcing promising therapeutics research from academic and biotech partners to create new companies of scale an

Life SciencesBiotechnology
AC

AllosteRx Capital Management (Canada) Inc.

Montreal, QC
EarlySeed

Early-stage biotechnology venture capital focused on the Quebec life sciences ecosystem.

BiotechnologyHealthcare/Life Sciences
AV

Amiral Ventures

Montréal, Québec
Early

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

AICleantech
A

Axelys

Montreal, QC
Pre-SeedSeed

Quebec provincial technology-transfer investor (merger of Univalor, Sovar, and Aligo); holds equity in public-research spinouts including those from C

Life SciencesDeep Tech
BV

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
BD

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
BI

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
BL

BDC Life Sciences Venture Fund

Canada
SeedSeries A

A $150M BDC fund (launched 2026) providing patient capital to early-stage Canadian life sciences companies — therapeutics and medical technologies — t

Life SciencesTherapeutics
BS

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
BV

Bell Ventures

Verdun, Québec

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

AIB2C
BI

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
BV

BoxOne Ventures

Montreal, QC
Pre-SeedSeed

Evergreen family-office venture firm investing its own capital, with a biotech and computational-biology focus.

BiotechComputational Biology
CA

Capital Angel Network

Ottawa, Ontario
Pre-SeedSeed

The largest network of early stage investors in Ottawa, Gatineau, and Kanata. A leading Canadian angel group focused on lifting the region's entrepren

SoftwareHardware
CH

Celtic House Venture Partners

Ottawa, ON
Series ASeries B+

Venture capital investor in media communication technologies, with 4 funds raised and 69 deals recorded.

Electronic & SemiconductorInternet Software & Services
CA

Commercialization at UHN

Toronto, ON
Pre-SeedSeed

Commercialization arm of University Health Network; takes an equity position in every spinout it creates and runs an Accelerator Fund.

TherapeuticsMedTech
DV

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
EV

Emend Vision Fund

Victoria, BC
SeedEarly

Technologies for Industrial Transformation and climate impact reduction in traditional sectors.

AgtechCleantech
ES

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
FP

Fengate Private Equity

Toronto, ON
PE / Debt

Investment management firm specializing in infrastructure and real estate, a subsidiary of Fengate Corporation operating since 1974.

InfrastructureReal Estate
FA

First Ascent Ventures

Toronto, Ontario
Series A

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

AICybersecurity
GV

Graphite Ventures

Toronto, Ontario
Seed

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

AICybersecurity
GA

GTAN | Angel to Series A Investments

Waterloo Region, Ontario
Pre-SeedSeed

A community of angels, super angels, family offices, and venture funds investing in Canadian tech startups from pre-seed to Series A since 2008. Canad

SoftwareHardware
IC

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
IQ

Investissement Québec

Quebec City, QC
Growth

Quebec provincial government's investment arm fostering economic development. Offers loans, loan guarantees, and equity investments, frequently co-inv

TechnologyAerospace
JR

James Richardson and Sons

Winnipeg, MB
Series ASeries B+

Winnipeg family conglomerate making opportunistic direct co-investments in agri-food technology, robotics, and life sciences.

AgriFoodRobotics
MI

Martinrea Innovation

Vaughan, ON
Series ASeries B+

Strategic minority investing by auto-parts maker Martinrea International, including stakes in NanoXplore and Equispheres.

Advanced MaterialsEV
MC

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
N

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
NW

Nicola Wealth Management Ltd.

Vancouver, BC
Series ASeries B+

Wealth planning and investing firm (family office) with active venture and private equity investments across Canada.

Internet Software & ServicesSoftware
OV

OMERS Ventures Management Inc.

Toronto, ON
SeedSeries A

Venture capital arm of OMERS pension fund with nearly $61B in net assets; 5 funds raised and 130 deals recorded across North America.

Internet Software & ServicesSoftware
OC

Opportunity Calgary Investment Fund (OCIF)

Calgary, AB
Growth

Wholly-owned investment fund of the City of Calgary deploying milestone-based quasi-equity capital into scaling companies.

TechnologyAerospace
PV

Pender Ventures

Vancouver, BC
Growth

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

AICybersecurity
Q

Quantacet

Sherbrooke, QC
Pre-SeedSeed

The only Quebec fund dedicated to quantum technology; portfolio includes Nord Quantique, Femtum, and Irreversible.

Quantum ComputingQuantum Sensing
QV

Quantum Valley Investments

Waterloo, ON
Early

Founded by BlackBerry creators Mike Lazaridis and Doug Fregin with a $100M fund for commercialization of quantum physics breakthroughs.

Quantum ComputingQuantum Sensing
QV

Quark Venture Inc.

Vancouver, BC
SeedSeries A

Global venture capital company focused on equity financing of innovative biotechnology companies with breakthrough technology platforms.

BiotechnologyHealthcare/Life Sciences
QS

QV Studio

Sherbrooke, QC
Pre-Seed

Quantum-focused venture studio (with Quantonation and Quantacet) providing a multi-year program plus pre-seed investment.

QuantumDeep Tech
RC

Raiven Capital

Toronto, ON
Series A

Canada-Silicon Valley Series A venture fund concentrating on investments just before scaling begins, with 2 funds and 8 deals recorded.

Internet Software & ServicesHealthcare/Life Sciences
RC

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
RC

Roadmap Capital Inc.

Toronto, ON
Series ASeries B+

Private venture capital and mutual fund management company with 1 fund and 51 deals recorded.

Electronic & SemiconductorComputer Hardware & Services
RC

Round13 Capital Inc.

Toronto, ON
SeedSeries A

Founders Fund backed by successful entrepreneurs, with 7 funds raised and 91 deals recorded.

Internet Software & ServicesSoftware
T

TandemLaunch

Montréal, Québec
SeedEarly

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

AICleantech
TV

Technology Venture Corporation

Moncton, NB
SeedEarly

Private venture capital and investment holding company focusing exclusively in the four Atlantic Canadian provinces, primarily in technology companies

Internet Software & ServicesElectronic & Semiconductor
TG

TELUS Global Ventures

Vancouver, BC
Series A

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

AgtechAI
T

ThresholdImpact

Edmonton, AB
SeedSeries A

Impact venture firm founded by BioWare co-founder Ray Muzyka; medtech is an explicit vertical (PulseMedica, FluidAI Medical).

MedTechDeep Tech
TR

Top Renergy Inc. (TRE)

Vancouver, BC
SeedPE / Debt

Venture capital firm with 2 funds raised and 23 deals recorded, primarily in BC.

Internet Software & ServicesSoftware
TC

Triptyq Capital

Montreal, QC
SeedPre-Seed

Corporate venture capital investing in the digital transformation of creative industries.

Internet Software & ServicesComputer Hardware & Services
UU

UTEST (University of Toronto Early-Stage Technology)

Toronto, ON
Pre-Seed

University of Toronto Early-Stage Technology program, run with TIAP; invests up to 150,000 dollars via SAFE into University of Toronto research startu

Deep TechHealthTech
VS

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
YP

Yaletown Partners

Vancouver, BC
Growth

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

AgtechAI