# Ranovus funding: rounds and investors > Ranovus has raised $36M across 4 rounds since 2013. Investors include BDC Capital, MaRS Investment Accelerator Fund and Omers Ventures. Source: https://millionrounds.com/company/ranovus (Millionrounds; every figure on the page links to its filing or article) Canada · [Funded startup](https://millionrounds.com/companies) # Who invested in *Ranovus* 4 rounds we have observed, with the 7 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. IT Services Raised 6 months ago Funding summary Updated 26 Oct 2026 **$36M** raised across 4 rounds since 2013, from 4 sources **$11M** Series A **$24M** Series B **$1.1M** Grant - **Latest round:** Grant, $1.1M May 2026 - **Biggest round:** $24M Series B · Oct 2014 - **Investors:** 7 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. 2013 2015 2017 2019 2021 2023 2025 **?** Venture **$11M** Series A **$24M** Series B **$1.1M** Grant - **First round:** Venture - **Biggest round:** $24M - **Usual gap between rounds:** 12 months ## The rounds - **May 2026** Grant **$1.1M** *1 new* *2 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Export Development Canada](https://millionrounds.com/fund/export-development-canada) [Omers Ventures](https://millionrounds.com/fund/omers-ventures) Source recorded - **Oct 2014** Series B **$24M** *4 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [MaRS Investment Accelerator Fund](https://millionrounds.com/fund/mars-investment-accelerator-fund) [Omers Ventures](https://millionrounds.com/fund/omers-ventures) [Azure Capital Partners](https://millionrounds.com/fund/azure-capital-partners) From a historical funding record SEC filing: $2.6M sold, first sale Oct 2014 - **Sept 2013** Series A **$11M** *5 new* *1 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [MaRS Investment Accelerator Fund](https://millionrounds.com/fund/mars-investment-accelerator-fund) [Omers Ventures](https://millionrounds.com/fund/omers-ventures) [Azure Capital Partners](https://millionrounds.com/fund/azure-capital-partners) [T-Venture](https://millionrounds.com/fund/t-venture) [Deutsche Telekom](https://millionrounds.com/fund/deutsche-telekom) Reported by finsmes.com SEC filing: $11M sold, first sale Sept 2013 - **Jan 2013** Venture **Amount undisclosed** *1 new* [MaRS Investment Accelerator Fund](https://millionrounds.com/fund/mars-investment-accelerator-fund) From a historical funding record ## Founders and team From Ranovus's own website: 7 on the team. - **Hamid Arabzadeh** Chairman and CEO - **André Levasseur** CFO - **Georg Roell** Chief Technology Officer - **Hojjat Salemi** Chief Business Development Officer - **Doug Beckett** VP of Optical Technologies - **Duncan Baird** VP Platform Engineering - **Heidi Hauver** VP People and Culture ## 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. **Venture** 2013 **Series A** 2013 **Series B** 2014 **Grant** 2026 [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [MaRS Investment Accelerator Fund](https://millionrounds.com/fund/mars-investment-accelerator-fund) [Omers Ventures](https://millionrounds.com/fund/omers-ventures) [Azure Capital Partners](https://millionrounds.com/fund/azure-capital-partners) [Export Development Canada](https://millionrounds.com/fund/export-development-canada) [T-Venture](https://millionrounds.com/fund/t-venture) [Deutsche Telekom](https://millionrounds.com/fund/deutsche-telekom) ## Everyone who backed them [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **3** rounds [MaRS Investment Accelerator Fund](https://millionrounds.com/fund/mars-investment-accelerator-fund) VC firm **3** rounds [Omers Ventures](https://millionrounds.com/fund/omers-ventures) VC firm **3** rounds [Azure Capital Partners](https://millionrounds.com/fund/azure-capital-partners) VC firm **2** rounds [Export Development Canada](https://millionrounds.com/fund/export-development-canada) Government **1** round [T-Venture](https://millionrounds.com/fund/t-venture) VC firm **1** round [Deutsche Telekom](https://millionrounds.com/fund/deutsche-telekom) Corporate VC **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ranovus). ## Quick answers about Ranovus ### Who invested in Ranovus? Ranovus's investors include BDC Capital, MaRS Investment Accelerator Fund, Omers Ventures, Azure Capital Partners and Export Development Canada, and 2 more on record. ### How much has Ranovus raised? Ranovus has raised $36M across 4 rounds since 2013. One round did not disclose an amount, so the total is a floor. ### When did Ranovus last raise? Ranovus's most recent round was a Grant of $1.1M in May 2026. ### What was Ranovus's biggest round? Ranovus's largest round on record is $24M (Series B), in Oct 2014. ### Who backed Ranovus first? Ranovus's first round on record, in Jan 2013, was backed by MaRS Investment Accelerator Fund. ### What stage is Ranovus at? Ranovus's latest named round is a Grant, in May 2026. ### Where is Ranovus based? Ranovus is based in Canada. ## Companies like Ranovus In the same sector, and raised in the last eighteen months. [**Expertise AI** $2.3M · Sept 2026](https://millionrounds.com/company/expertise-ai)[**Peripheral Labs** $12M · Aug 2026](https://millionrounds.com/company/peripheral-labs)[**AllScale** Jun 2026](https://millionrounds.com/company/allscale)[**Brilliant Harvest** $4.0M · Feb 2026](https://millionrounds.com/company/brilliant-harvest)[**Focus FS** $3.6M · Jan 2026](https://millionrounds.com/company/focus-fs)[**Citylogix** Jan 2026](https://millionrounds.com/company/citylogix) ## 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