Seed Deep Tech / Hardware Investors in Canada

ACET Capital

Sherbrooke, QC

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

adMare BioInnovations

Vancouver, BC

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

AllosteRx Capital Management (Canada) Inc.

Montreal, QC

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

AXA Venture Partners

Paris, France

AVP is AXA's venture capital arm. It runs multiple funds, including Early Stage funds (a $150M second fund was raised in 2019) and a Late Growth strat

Axelys

Montreal, QC

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

BDC Deep Tech Venture Fund

Canada

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

BDC Industrial Innovation Venture Fund

Canada

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

BDC Life Sciences Venture Fund

Canada

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

BDC StrongNorth Fund

Canada

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

BlackBerry IVY Innovation Fund

Waterloo, ON

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

Boehringer Ingelheim Venture Fund

Ingelheim am Rhein, Germany

BIVF is an evergreen corporate venture fund of Boehringer Ingelheim, set up in 2010 and reported at about EUR 350M. It takes minority equity stakes, o

BoxOne Ventures

Montreal, QC

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

Capital Angel Network

Ottawa, Ontario

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

Cisco Investments

San Jose, California, USA

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

Commercialization at UHN

Toronto, ON

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

Defined VC

Vancouver, BC

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

Emend Vision Fund

Victoria, BC

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

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

Graphite Ventures

Toronto, Ontario

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

GTAN | Angel to Series A Investments

Waterloo Region, Ontario

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

i4 Capital

Quebec City, QC

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

Leaps by Bayer

Leverkusen, Germany

Leaps by Bayer is Bayer's corporate venture and impact investment arm, founded in 2015. It invests in breakthrough life-science advances in health car

OMERS Ventures Management Inc.

Toronto, ON

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

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

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

Round13 Capital Inc.

Toronto, ON

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

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

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

ThresholdImpact

Edmonton, AB

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

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

Toyota Ventures

San Francisco, California, USA

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

Triptyq Capital

Montreal, QC

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