Startups in Canada that raised money in the last 12 months

53 startups based in Canada announced or filed 60 venture rounds in the last 12 months, $1.4B of it stated. 11 of the rounds came in the last 90 days. The largest: PennyLane (Venture round · $189M), Photonic Inc. (Venture round · $180M) and Eliyan (Venture round · $145M). 17 of these startups are hiring now, with 103 open roles.

Venture rounds of the last 12 monthsRebuilt 6 Nov 2026
rounds in 12 months
60
startups
53
stated
$1.4B
open roles at them
103

The newest rounds

StartupRoundDateOpen roles
Thryv Therapeutics Inc.Venture round · $30M3 Nov 2026–
Else NutritionVenture round · $344kSEC Form D19 Oct 2026–
MolagriSeed15 Oct 20264
FalkbuiltConvertible note · $424kSEC Form D30 Sep 2026–
Altis LabsSeries A · $25M21 Sep 20266
Trilogy MetalsVenture round · $35.6M11 Sep 2026–
summitlithiumConvertible note · $3MSEC Form D10 Sep 2026–
Mundo AIGreatPoint Ventures, Y CombinatorSeries A · $24M8 Sep 20262
TrexityVenture round · $8.4MSEC Form D12 Aug 2026–
Fisent Technologies Inc.Venture round · $4.3M11 Aug 2026–
PalitronicaBDCSeries A11 Aug 2026–
EliyanVenture round · $145M29 Jul 202621
Float FinancialSeries C · $85M24 Jun 20261
SELLIT9Venture round · $4.1M22 Jun 2026–
FalkbuiltConvertible note · $1.5MSEC Form D22 Jun 2026–
ManevaRae Jeong, Kelvin ChanSeries A · $27M11 Jun 2026–
FutrVenture round · $215kSEC Form D5 Jun 2026–
ScispotSeries A · $8M4 Jun 20262
AgapyoSeed3 Jun 2026–
ProteinQureVenture round · $1.8M27 May 20261
NVISIONSeries B · $55M14 May 20262
Chip Data CentersVenture round · $98kSEC Form D13 May 2026–
TiltVenture roundregistry filing12 May 2026–
QuantropiVenture round · $1.3MSEC Form D30 Apr 2026–
Babcock & WilcoxVenture round · $21M28 Apr 2026–
CleanDesignVenture round · $20M28 Apr 2026–
A&K RoboticsSeries A · $8M21 Apr 20262
Carbon UpcyclingVenture round · $10M2 Apr 2026–
DelightVenture round · $47kSEC Form D31 Mar 20263
Exact ImagingVenture round · $10M18 Mar 2026–
VERSES AIVenture round · $511kSEC Form D13 Mar 2026–
About - LoganVenture round · $14MSEC Form D10 Mar 2026–
VoldexVenture roundregistry filing9 Mar 20262
Chip Data CentersVenture round · $292kSEC Form D2 Mar 2026–
JetscaleSeed · $5.4M25 Feb 2026–
Stay22Venture round · $122M25 Feb 202610
CanvasenvisionVenture round · $2.2MSEC Form D23 Feb 2026–
BadgeVenture round · $17.1M19 Feb 20262
AppficiencyVenture round10 Feb 202610
TaivVenture round · $13M10 Feb 2026–
EliyanVenture round · $50M28 Jan 202621
VentionInvestissement Québec, DesjardinsVenture round · $110M27 Jan 2026–
PennyLaneVenture round · $189M23 Jan 2026–
Legend Power SystemsVenture round · $44kSEC Form D23 Jan 2026–
Cyclic MaterialsSeries C · $75M23 Jan 202620
BrickeyeSeries B · $10M21 Jan 2026–
Chata7RIDGESeries A · $10M21 Jan 20261
applied brain researchSeed12 Jan 2026–
VOLTSAFEVenture round · $100kSEC Form D8 Jan 2026–
Photonic Inc.Planet First PartnersVenture round · $180M6 Jan 202614

The largest rounds

StartupRoundDateOpen roles
PennyLaneVenture round · $189M23 Jan 2026–
Photonic Inc.Planet First PartnersVenture round · $180M6 Jan 202614
EliyanVenture round · $145M29 Jul 202621
Stay22Venture round · $122M25 Feb 202610
VentionInvestissement Québec, DesjardinsVenture round · $110M27 Jan 2026–
Float FinancialSeries C · $85M24 Jun 20261
Cyclic MaterialsSeries C · $75M23 Jan 202620
NVISIONSeries B · $55M14 May 20262
EliyanVenture round · $50M28 Jan 202621
Trilogy MetalsVenture round · $35.6M11 Sep 2026–

By sector

New rounds, the day they land

Follow the startups and investors you care about: Alion tells you when one raises, starts hiring or opens a role that fits you.

Questions

Which startups in Canada raised money recently?

53 startups based in Canada announced or filed 60 venture rounds in the last 12 months, $1.4B of it stated. 11 of the rounds came in the last 90 days. The largest: PennyLane (Venture round · $189M), Photonic Inc. (Venture round · $180M) and Eliyan (Venture round · $145M). 17 of these startups are hiring now, with 103 open roles.

Where do these rounds come from?

From the startups' own announcements and the press, from SEC Form D filings in the United States and from the share allotments company registers publish (a filing is marked as one in the list). One round per startup, type and week; amounts as stated, in US dollars.

Are these startups hiring?

17 of the 53 startups have open roles on their own careers boards right now, 103 roles in all; each count links to them.

Source: announcements, SEC Form D filings and company registers, 6,256 rounds in 12 monthsUpdated 6 Nov 2026MethodologyJSONCC BY-SA 4.0