# Applied Pharmaceutical Innovation funding: rounds and investors

> Applied Pharmaceutical Innovation has raised $36M across 1 round since 2026. Investors include Prairies Economic Development Canada.

Source: https://millionrounds.com/company/applied-pharmaceutical-innovation (Millionrounds; every figure on the page links to its filing or article)

Canada · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Applied Pharmaceutical Innovation*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech

Raised 7 months ago

Funding summary Updated 26 Oct 2026

**$36M** raised across 1 round since 2026, from 1 source

- **Latest round:** Grant, $36M Apr 2026
- **Investors:** 1

See who backed them

## The rounds

- **Apr 2026** Grant **$36M** [Prairies Economic Development Canada](https://millionrounds.com/fund/prairies-economic-development-canada) Source recorded

## Founders and team

From Applied Pharmaceutical Innovation's own website: 25 on the team.

- **Andrew MacIsaac** CEO
- **Launa Aspeslet** Chief Translational Officer
- **Sir Michael Houghton** Nobel Laureate & Chief Scientific Officer
- **Hans Bauer** VP, Technical Operations
- **Bhavesh Variya** Senior Scientist
- **Bronsen Kwong** Product Manager Associate
- **Chelsey Ammar** Human Resources Business Partner
- **Elisa Park** Senior Manager, Program Activation & Business Development
- **Florent Brunaud** Manager, Engineering
- **Greg Klak** Director
- **Jason Pincock** Director
- **Jenna Bienert** Associate Director, Brand Marketing
- **Jordan Hannigan** Finance Manager
- **Kris Visser** Associate, Digital Strategy & Brand
- **Marina Bolshakova** Technical Product Manager
- **Poojan Raval** Warehouse Manager
- **Ravinder Sekhon** Manager, Engineering
- **Rong Ling** Principal Scientist

And 7 more on the team.

## Everyone who backed them

[Prairies Economic Development Canada](https://millionrounds.com/fund/prairies-economic-development-canada) Investment firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=applied-pharmaceutical-innovation).

## Quick answers about Applied Pharmaceutical Innovation

### Who invested in Applied Pharmaceutical Innovation?

Applied Pharmaceutical Innovation's investors include Prairies Economic Development Canada.

### How much has Applied Pharmaceutical Innovation raised?

Applied Pharmaceutical Innovation has raised $36M across 1 round since 2026.

### When did Applied Pharmaceutical Innovation last raise?

Applied Pharmaceutical Innovation's most recent round was a Grant of $36M in Apr 2026.

### What was Applied Pharmaceutical Innovation's biggest round?

Its most recent round, $36M in Apr 2026, is also its largest on record.

### Who backed Applied Pharmaceutical Innovation first?

Applied Pharmaceutical Innovation's first round on record, in Apr 2026, was backed by Prairies Economic Development Canada.

### What stage is Applied Pharmaceutical Innovation at?

Applied Pharmaceutical Innovation's latest named round is a Grant, in Apr 2026.

### Where is Applied Pharmaceutical Innovation based?

Applied Pharmaceutical Innovation is based in Canada.

## Companies like Applied Pharmaceutical Innovation

In the same sector, and raised in the last eighteen months.

[**Biossil** $153M · Sept 2026](https://millionrounds.com/company/biossil)[**Altis Labs** $31M · Sept 2026](https://millionrounds.com/company/altis-labs)[**Helus Pharma** $50M · Sept 2026](https://millionrounds.com/company/helus-pharma)[**QurCan Therapeutics Inc.** $6.0M · Sept 2026](https://millionrounds.com/company/qurcan-therapeutics-inc)[**Cardiol Therapeutics** $7.0M · Sept 2026](https://millionrounds.com/company/cardiol-therapeutics)[**Ichor Agriculture** Jul 2026](https://millionrounds.com/company/ichor-agriculture)

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