# ReliOn funding: rounds and investors

> ReliOn has raised $3.0M across 1 round since 2024. Investors include Y Combinator, MaRS Investment Accelerator Fund and Anges Quebec.

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

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

# Who invested in *ReliOn*

One round we have observed, with the 5 investors 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.

Climate Tech

Funding summary Updated 26 Oct 2026

**$3.0M** raised across 1 round since 2024, from 2 sources

- **Latest round:** Seed, $3.0M Jul 2024
- **Investors:** 5

See who backed them

## The rounds

- **Jul 2024** Seed **$3.0M** [Y Combinator](https://millionrounds.com/fund/y-combinator) [MaRS Investment Accelerator Fund](https://millionrounds.com/fund/mars-investment-accelerator-fund) [Anges Quebec](https://millionrounds.com/fund/anges-quebec) [AQC Capital](https://millionrounds.com/fund/aqc-capital) [Cycle Momentum](https://millionrounds.com/fund/cycle-momentum) Reported by Diagram and 1 other

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[MaRS Investment Accelerator Fund](https://millionrounds.com/fund/mars-investment-accelerator-fund) VC firm **1** round

[Anges Quebec](https://millionrounds.com/fund/anges-quebec) Angel network **1** round

[AQC Capital](https://millionrounds.com/fund/aqc-capital) Government **1** round

[Cycle Momentum](https://millionrounds.com/fund/cycle-momentum) VC firm **1** round

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

## Also claim to have backed them

These 2 firms list ReliOn as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Diagram](https://millionrounds.com/fund/diagram) Venture studio Per its own site

[Diagram Ventures](https://millionrounds.com/fund/diagram-ventures) VC firm Per its own site

## Quick answers about ReliOn

### Who invested in ReliOn?

ReliOn's investors include Y Combinator, MaRS Investment Accelerator Fund, Anges Quebec, AQC Capital and Cycle Momentum.

### How much has ReliOn raised?

ReliOn has raised $3.0M across 1 round since 2024.

### When did ReliOn last raise?

ReliOn's most recent round was a Seed of $3.0M in Jul 2024.

### What was ReliOn's biggest round?

Its most recent round, $3.0M in Jul 2024, is also its largest on record.

### Who backed ReliOn first?

ReliOn's first round on record, in Jul 2024, was backed by Y Combinator, MaRS Investment Accelerator Fund and Anges Quebec and 2 others.

### What stage is ReliOn at?

ReliOn's latest named round is a Seed, in Jul 2024.

### Where is ReliOn based?

ReliOn is based in Canada.

## Companies like ReliOn

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

[**CURA** $14M · Sept 2026](https://millionrounds.com/company/cura)[**Kanin Energy** $100M · Sept 2026](https://millionrounds.com/company/kanin-energy)[**CERT Systems** $2.0M · Sept 2026](https://millionrounds.com/company/cert-systems)[**General Fusion** $241M · Jul 2026](https://millionrounds.com/company/general-fusion)[**NxLite** $13M · Jul 2026](https://millionrounds.com/company/nxlite)[**DevvStream Holdings** $1.5M · Jun 2026](https://millionrounds.com/company/devvstream-holdings)

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