# Canada Rocket Company funding: rounds and investors

> Canada Rocket Company has raised $11M across 2 rounds since 2026. Investors include BDC Capital, Ripple and Panache Ventures. Every round with its source.

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

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

# Who invested in *Canada Rocket Company*

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Aerospace & Space

Raised 8 months ago

Funding summary Updated 26 Oct 2026

**$11M** raised across 2 rounds since 2026, from 2 sources

**$4.5M** Seed **$6.1M** Grant

- **Latest round:** Grant, $6.1M Mar 2026
- **Step-up i:** 1.4×
- **Investors:** 4

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026 2027

**$4.5M** Seed

**$6.1M** Grant

- **First round:** Seed, $4.5M
- **Biggest round:** $6.1M
- **Between rounds:** 2 months

## The rounds

- **Mar 2026** Grant **$6.1M** *4 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Ripple](https://millionrounds.com/fund/ripple) [Panache Ventures](https://millionrounds.com/fund/panache-ventures) [Garage Capital](https://millionrounds.com/fund/garage-capital-2) Source recorded
- **Jan 2026** Seed **$4.5M** *4 new* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Ripple](https://millionrounds.com/fund/ripple) [Panache Ventures](https://millionrounds.com/fund/panache-ventures) [Garage Capital](https://millionrounds.com/fund/garage-capital-2) Source recorded

## Founders and team

From Canada Rocket Company's own website: 3 on the team.

- **David Tenny** CFO
- **Hugh Kolias** CTO
- **Cheikh Abed** Propulsion Program Manager

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2026 **Grant** 2026 [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Ripple](https://millionrounds.com/fund/ripple) [Panache Ventures](https://millionrounds.com/fund/panache-ventures) [Garage Capital](https://millionrounds.com/fund/garage-capital-2)

## Everyone who backed them

[BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **2** rounds

[Ripple](https://millionrounds.com/fund/ripple) Investment firm **2** rounds

[Panache Ventures](https://millionrounds.com/fund/panache-ventures) VC firm **2** rounds

[Garage Capital](https://millionrounds.com/fund/garage-capital-2) VC firm **2** rounds

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

## Also claim to have backed them

This firm lists Canada Rocket Company as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Garage Capital](https://millionrounds.com/fund/garage-capital) VC firm Per its own site

## Quick answers about Canada Rocket Company

### Who invested in Canada Rocket Company?

Canada Rocket Company's investors include BDC Capital, Ripple, Panache Ventures and Garage Capital.

### How much has Canada Rocket Company raised?

Canada Rocket Company has raised $11M across 2 rounds since 2026.

### When did Canada Rocket Company last raise?

Canada Rocket Company's most recent round was a Grant of $6.1M in Mar 2026.

### What was Canada Rocket Company's biggest round?

Its most recent round, $6.1M in Mar 2026, is also its largest on record.

### Who backed Canada Rocket Company first?

Canada Rocket Company's first round on record, in Jan 2026, was backed by BDC Capital, Ripple and Panache Ventures and 1 others.

### What stage is Canada Rocket Company at?

Canada Rocket Company's latest named round is a Grant, in Mar 2026.

### Where is Canada Rocket Company based?

Canada Rocket Company is based in Canada.

## Companies like Canada Rocket Company

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

[**Canadian Strategic Missions Corporation** $717K · Jun 2026](https://millionrounds.com/company/canadian-strategic-missions-corporation)[**Horizon Aircraft** $25M · May 2026](https://millionrounds.com/company/horizon-aircraft)[**NordSpace** $11M · May 2026](https://millionrounds.com/company/nordspace)[**UberSpec** $364K · Mar 2026](https://millionrounds.com/company/uberspec)[**Reaction Dynamics** $6.1M · Mar 2026](https://millionrounds.com/company/reaction-dynamics)[**Wyvern** $8.2M · Feb 2026](https://millionrounds.com/company/wyvern)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app