Home / Browse / Series A Deep Tech / Hardware Investors in Canada

Series A Deep Tech / Hardware Investors in Canada

26 funds

26 Canadian venture capital firms investing in Deep Tech / Hardware at Series A stage.

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

AXA Venture Partners

Paris, France
SeedSeries A

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

Enterprise softwareFintech/insurtech

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 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 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

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

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

Boehringer Ingelheim Venture Fund

Ingelheim am Rhein, Germany
SeedSeries A

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

BiotechnologyFirst-in-class disease-modifying therapeutics

Caterpillar Ventures

Irving, Texas, USA
Series ASeries B+

Caterpillar Ventures is the corporate venture arm of Caterpillar, founded in 2015. It makes strategic equity investments in startups in energy, digita

Energy and decarbonisationElectrification and energy storage

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

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

First Ascent Ventures

Toronto, Ontario
Series A

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

AICybersecurity

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

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

Leaps by Bayer

Leverkusen, Germany
SeedSeries A

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

Life sciences / biotechnologyAgriculture / crop protection

Martinrea Innovation

Vaughan, ON
Series ASeries B+

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

Advanced MaterialsEV

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

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

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

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

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

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

Round13 Capital Inc.

Toronto, ON
SeedSeries A

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

Internet Software & ServicesSoftware

TELUS Global Ventures

Vancouver, BC
Series A

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

AgtechAI

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

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