# Quantum Industry Canada funding: rounds and investors

> Quantum Industry Canada has raised $1.4M across 1 round since 2023. Investors include Government of Canada. Every round with its source.

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

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

# Who invested in *Quantum Industry Canada*

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.

Community

Funding summary Updated 26 Oct 2026

**$1.4M** raised across 1 round since 2023, from 1 source

- **Latest round:** Grant, $1.4M Mar 2023
- **Investors:** 1

See who backed them

## The rounds

- **Mar 2023** Grant **$1.4M** [Government of Canada](https://millionrounds.com/fund/government-of-canada) Source recorded

## Founders and team

From Quantum Industry Canada's own website: 1 founder, 6 on the team.

**Dr. Joshua Montgomery** Co-founder and President | t0.technology

- **Sean Lee** Acting Chief Executive Officer
- **Rafal Janik** COO | Xanadu Quantum Technologies
- **Anthony de Fazekas** Intellectual Property Lead | Pulse Law
- **Dr. Martin Laforest** Managing Partner | Quantacet
- **Philip Lafrance** Manager, Sector Development & Operations
- **Strategic Advisor** Board of Directors

## Everyone who backed them

[Government of Canada](https://millionrounds.com/fund/government-of-canada) Government **1** round

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

## Quick answers about Quantum Industry Canada

### Who invested in Quantum Industry Canada?

Quantum Industry Canada's investors include Government of Canada.

### How much has Quantum Industry Canada raised?

Quantum Industry Canada has raised $1.4M across 1 round since 2023.

### When did Quantum Industry Canada last raise?

Quantum Industry Canada's most recent round was a Grant of $1.4M in Mar 2023.

### What was Quantum Industry Canada's biggest round?

Its most recent round, $1.4M in Mar 2023, is also its largest on record.

### Who backed Quantum Industry Canada first?

Quantum Industry Canada's first round on record, in Mar 2023, was backed by Government of Canada.

### What stage is Quantum Industry Canada at?

Quantum Industry Canada's latest named round is a Grant, in Mar 2023.

### Where is Quantum Industry Canada based?

Quantum Industry Canada is based in Canada.

## Companies like Quantum Industry Canada

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

[**Black Canadian Women in Action** $1.5M · Jun 2026](https://millionrounds.com/company/black-canadian-women-in-action)[**Loaves and Fishes Community Food Bank** $3.7M · Feb 2026](https://millionrounds.com/company/loaves-and-fishes-community-food-bank)[**Green Economy Canada** $7.0M · Nov 2025](https://millionrounds.com/company/green-economy-canada)[**ATOMica** $7.2M · Aug 2026](https://millionrounds.com/company/atomica)[**The Hub** $1.0M · Jun 2026](https://millionrounds.com/company/the-hub)[**Sportway** $21M · Jun 2026](https://millionrounds.com/company/sportway)

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