# Atlantic Canada Opportunities Agency: portfolio, investments and team

> Atlantic Canada Opportunities Agency is a vc firm based in Canada. 88 investments on record, 30 in the last 12 months, latest Sept 2026.

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

Canada · [Investor](https://millionrounds.com/investors)

# Atlantic Canada Opportunities Agency

Last cheque observed Sep 2026; 88 cheques on record.

Deploying now VC firm

Grant Debt Seed Manufacturing Biotechnology

Deploying now

**97%** of best year **30** **cheques in 12 months**, 88 on record

Since the last cheque **47** days **00** hrs **00** min **00** sec

Median round **$505K** Rounds led **1 of 88** Sole investor **36 rounds** Mostly in **Canada, 95%**

Pitch Atlantic Canada Opportunities Agency

## Atlantic Canada Opportunities Agency highlights

- 01 30 cheques in the last 12 months
- 02 Mostly Grant and Debt: 72% of its rounds
- 03 Sole investor in 36 rounds, median $561K

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Manufacturing Biotechnology
- **Based in:** Canada
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **88 appearances**

- **2026** 24 rounds
- **Sept** **[Galaxia Space Systems](https://millionrounds.com/company/galaxia-space-systems)** Seed · CA · BetaKit **$3.3M** With 4 others
- **Sept** **[QRA](https://millionrounds.com/company/qra)** Grant · CA **$289K** With 4 others
- **Jul** **[Site 20/20](https://millionrounds.com/company/site-20-20)** Debt · CA **$528K** With 1 other
- **Jul** **[3D BioFibR](https://millionrounds.com/company/3d-biofibr)** Seed · CA **$100K** With 2 others
- **Jun** **[Floqer](https://millionrounds.com/company/floqer)** Pre-seed · CA **$1.4M** Sole investor
- **May** **[Atlas Salt](https://millionrounds.com/company/atlas-salt)** CA **$11M** Sole investor
- **May** **[RFINE Biomass Solutions](https://millionrounds.com/company/rfine-biomass-solutions)** Grant · CA **$37K** Sole investor
- **May** **[Myomar Molecular](https://millionrounds.com/company/myomar-molecular)** Debt · CA **$1.4M** With 2 others
- **Mar** **[qualiTEAS](https://millionrounds.com/company/qualiteas)** Grant · CA **$60K** With 1 other
- **Mar** **[Solace Power](https://millionrounds.com/company/solace-power)** Debt · CA **$2.9M** Sole investor
- **Mar** **[Myomar Molecular](https://millionrounds.com/company/myomar-molecular)** Grant · CA **$37K** With 1 other
- **Mar** **[Greenlight Analytical](https://millionrounds.com/company/greenlight-analytical)** Grant · CA **$37K** Sole investor
- **Mar** **[Charli AI](https://millionrounds.com/company/charli-ai)** Debt · CA **$356K** With 1 other
- **Mar** **[Event Temple](https://millionrounds.com/company/event-temple)** Debt · CA **$269K** Sole investor
- **Mar** **[AGADA Biosciences](https://millionrounds.com/company/agada-biosciences)** Grant · CA **$422K** With 1 other
- **Mar** **[Floqer](https://millionrounds.com/company/floqer)** Grant · CA **$294K** Sole investor
- **Mar** **[Volta Labs](https://millionrounds.com/company/volta-labs)** Grant · US **$557K** With 1 other
- **Mar** **[Trophi.ai](https://millionrounds.com/company/trophi-ai)** Debt · CA **$695K** Sole investor
- **Mar** **[Innerlogic](https://millionrounds.com/company/inner-logic)** Grant · CA **$37K** With 1 other
- **Mar** **[CoLab Software](https://millionrounds.com/company/colab-software)** Debt · CA **$1.0M** With 4 others
- **Mar** **[Aucure](https://millionrounds.com/company/aucure)** Grant · CA **$55K** Sole investor
- **Feb** **[Salient Energy](https://millionrounds.com/company/salient-energy)** Debt · CA **$616K** With 4 others
- **Feb** **[Galaxia](https://millionrounds.com/company/galaxia)** Debt · CA **$160K** With 1 other
- **Jan** **[Oberland Agriscience](https://millionrounds.com/company/oberland-agriscience)** Venture · CA **$718K** Sole investor
- **2025** 15 rounds
- **Dec** **[Tracktile](https://millionrounds.com/company/tracktile)** Grant · CA **$182K** With 2 others
- **Dec** **[Discovery Garden](https://millionrounds.com/company/discovery-garden)** Grant · CA **$491K** Sole investor
- **Dec** **[ClearDynamic](https://millionrounds.com/company/cleardynamic)** Seed · CA **$2.0M** Sole investor
- **Dec** **[Iron Fox Games](https://millionrounds.com/company/iron-fox-games)** Grant · CA **$145K** Sole investor
- **Dec** **[Stemble Learning](https://millionrounds.com/company/stemble-learning)** Grant · CA **$400K** Sole investor
- **Nov** **[Appili Therapeutics](https://millionrounds.com/company/appili-therapeutics)** CA **$532K** With 2 others
- **Oct** **[Atlas Salt](https://millionrounds.com/company/atlas-salt)** CA **$6.2M** Sole investor
- **Aug** **[Titan](https://millionrounds.com/company/titan)** US · AlleyWatch **$74M** With 2 others
- **May** **[Avalon Holographics](https://millionrounds.com/company/avalon-holographics)** Series C · CA **$14M** Sole investor
- **Mar** **[Chick Pick](https://millionrounds.com/company/chick-pick)** Grant · CA **$276K** Sole investor
- **Mar** **[Tenera](https://millionrounds.com/company/tenera)** Venture · CA **$7.4M** With 1 other
- **Feb** **[Sidanna Retreat](https://millionrounds.com/company/sidanna-retreat)** Grant · CA **$500K** Sole investor
- **Feb** **[ConnexionWorks](https://millionrounds.com/company/connexionworks)** Grant · CA **$381K** Sole investor
- **Feb** **[PEI IT Alliance](https://millionrounds.com/company/pei-it-alliance)** Grant · CA **$600K** Sole investor
- **Jan** **[Solace Power](https://millionrounds.com/company/solace-power)** Venture · CA **$7.2M** Sole investor
- **2024** 8 rounds
- **Oct** **[Shoelace Learning](https://millionrounds.com/company/shoelace-learning)** Grant · CA **$36K** With 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The cheque

Grant Debt Seed

Median round joined **$505K** the round, not its cheque Alone, median **$561K**

Led 1 of 88 rounds **1%**

- **Sole investor:** 36 rounds
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Grant *32*
- Debt *26*
- Seed *11*
- Venture *10*
- Pre-seed *2*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Innovacorp](https://millionrounds.com/fund/innovacorp) 25
- [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 13
- [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) 8
- [National Research Council of Canada Industrial Research Assistance Program](https://millionrounds.com/fund/national-research-council-of-canada-industrial-research-assi) 6
- [Sustainable Development Technology Canada](https://millionrounds.com/fund/sustainable-development-technology-canada) 6
- [New Brunswick Innovation Foundation](https://millionrounds.com/fund/nbif) 5

**Pitching Atlantic Canada Opportunities Agency?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Atlantic Canada Opportunities Agency. A count of rooms they were both in, not a relationship either has claimed.

[**Innovacorp** VC firm **25** rounds together](https://millionrounds.com/fund/innovacorp)[**BDC Capital** VC firm **13** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**Creative Destruction Lab** Accelerator **8** rounds together](https://millionrounds.com/fund/creative-destruction-lab)[**National Research Council of Canada Industrial Research Assistance Program** VC firm **6** rounds together](https://millionrounds.com/fund/national-research-council-of-canada-industrial-research-assi)[**Sustainable Development Technology Canada** VC firm **6** rounds together](https://millionrounds.com/fund/sustainable-development-technology-canada)[**New Brunswick Innovation Foundation** VC firm **5** rounds together](https://millionrounds.com/fund/nbif)[**Techstars** VC firm **4** rounds together](https://millionrounds.com/fund/techstars)[**Startup TNT** Angel network **2** rounds together](https://millionrounds.com/fund/startup-tnt)

## Recently backed

The latest companies Atlantic Canada Opportunities Agency put money into.

[**QRA** $289K · Sept 2026](https://millionrounds.com/company/qra)[**Site 20/20** $528K · Jul 2026](https://millionrounds.com/company/site-20-20)[**3D BioFibR** $100K · Jul 2026](https://millionrounds.com/company/3d-biofibr)[**Floqer** $1.4M · Jun 2026](https://millionrounds.com/company/floqer)[**Atlas Salt** $11M · May 2026](https://millionrounds.com/company/atlas-salt)[**RFINE Biomass Solutions** $37K · May 2026](https://millionrounds.com/company/rfine-biomass-solutions)

## Quick answers about Atlantic Canada Opportunities Agency

### What does Atlantic Canada Opportunities Agency invest in?

Atlantic Canada Opportunities Agency invests most often at Grant and Debt (72% of the rounds on record), in sectors such as Manufacturing and Biotechnology.

### How active is Atlantic Canada Opportunities Agency?

88 investments on record, 30 of them in the last 12 months, and it led 1. The most recent was in Sept 2026.

### What has Atlantic Canada Opportunities Agency invested in recently?

Its most recent investments on record: Galaxia Space Systems (Seed, Sept 2026), QRA (Grant, Sept 2026) and Site 20/20 (Debt, Jul 2026).

### How big are Atlantic Canada Opportunities Agency's cheques?

The median round it joins is $505K.

### Does Atlantic Canada Opportunities Agency lead rounds?

Sometimes: it led 1 of its 88 investments on record (1%).

### Where does Atlantic Canada Opportunities Agency invest?

Most of the companies it backs are in Canada (95%) and the United States (5%).

### Is Atlantic Canada Opportunities Agency investing now?

Yes: it is actively investing, with 30 investments in the last 12 months.

### Who does Atlantic Canada Opportunities Agency invest alongside?

Most often Innovacorp (25 rounds together), BDC Capital (13 rounds together) and Creative Destruction Lab (8 rounds together).

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