# QRA funding: rounds and investors

> QRA has raised $3.3M across 2 rounds since 2021. Investors include BDC Capital, Newfund Capital and Innovacorp. Every round with its source.

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

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

# Who invested in *QRA*

2 rounds we have observed, with the 5 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.

AI

Raised 2 months ago

Funding summary Updated 26 Oct 2026

**$3.3M** raised across 2 rounds since 2021, from 2 sources

**$3.0M** Seed **$289K** Grant

- **Latest round:** Grant, $289K Sept 2026
- **Biggest round:** $3.0M Seed · Apr 2021
- **Investors:** 5

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.

2021 2022 2023 2024 2025 2026

**$3.0M** Seed

**$289K** Grant

- **First round:** Seed, $3.0M
- **Biggest round:** $3.0M
- **Between rounds:** 5.4 years

## The rounds

- **Sept 2026** Grant **$289K** *1 new* *4 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Newfund Capital](https://millionrounds.com/fund/newfund) [Innovacorp](https://millionrounds.com/fund/innovacorp) [Atlantic Canada Opportunities Agency](https://millionrounds.com/fund/atlantic-canada-opportunities-agency) [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) Source recorded
- **Apr 2021** Seed **$3.0M** *4 new* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Newfund Capital](https://millionrounds.com/fund/newfund) [Innovacorp](https://millionrounds.com/fund/innovacorp) [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) Source recorded

## 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** 2021 **Grant** 2026 [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Newfund Capital](https://millionrounds.com/fund/newfund) [Innovacorp](https://millionrounds.com/fund/innovacorp) [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) [Atlantic Canada Opportunities Agency](https://millionrounds.com/fund/atlantic-canada-opportunities-agency)

## Everyone who backed them

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

[Newfund Capital](https://millionrounds.com/fund/newfund) VC firm **2** rounds

[Innovacorp](https://millionrounds.com/fund/innovacorp) VC firm **2** rounds

[Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) Corporate VC **2** rounds

[Atlantic Canada Opportunities Agency](https://millionrounds.com/fund/atlantic-canada-opportunities-agency) VC firm **1** round

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

## Quick answers about QRA

### Who invested in QRA?

QRA's investors include BDC Capital, Newfund Capital, Innovacorp, Lockheed Martin and Atlantic Canada Opportunities Agency.

### How much has QRA raised?

QRA has raised $3.3M across 2 rounds since 2021.

### When did QRA last raise?

QRA's most recent round was a Grant of $289K in Sept 2026.

### What was QRA's biggest round?

QRA's largest round on record is $3.0M (Seed), in Apr 2021.

### Who backed QRA first?

QRA's first round on record, in Apr 2021, was backed by BDC Capital, Newfund Capital and Innovacorp and 1 others.

### What stage is QRA at?

QRA's latest named round is a Grant, in Sept 2026.

### Where is QRA based?

QRA is based in Canada.

## Companies like QRA

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

[**Quminex** $1.1M · Oct 2026](https://millionrounds.com/company/quminex)[**Biossil** $153M · Sept 2026](https://millionrounds.com/company/biossil)[**Astrus** $20M · Sept 2026](https://millionrounds.com/company/astrus)[**Altis Labs** $31M · Sept 2026](https://millionrounds.com/company/altis-labs)[**Thri5** $5.4M · Sept 2026](https://millionrounds.com/company/thri5)[**LawZero** $215M · Sept 2026](https://millionrounds.com/company/lawzero)

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