Canada · Investor

FedDev

Last cheque observed Jul 2026; 77 cheques on record.

Deploying nowVC firm

Pre-seedSeedSeries ASoftwareTravel

Deploying now
48%of best year11cheques in 12 months, 77 on record
Since the last cheque117days00hrs00min00sec
Median round$1.3MRounds led0 of 77Sole investor40 roundsMostly inCanada, 98%
Pitch FedDev

FedDev highlights

  1. 01

    11 cheques in the last 12 months

  2. 02

    Mostly Grant and Debt: 70% of its rounds

  3. 03

    Sole investor in 40 rounds, median $1.0M

What they do

Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
Pre-seedSeedSeries ASeries B
Sectors
SoftwareTravel
Based in
Canada
Cold pitches
Not stated

The record

Every round we can evidence, newest first77 appearances

  1. 2026

    7 rounds

  2. Jul
    Resiliocs IntelligenceGrant · CA$53KWith 3 others
  3. Jun
    Tulong TechGrant · CA$393KSole investor
  4. May
    Esphera SynBioSeed · CA$366KWith 1 other
  5. Jan
    Quantum BridgeDebt · CA$1.9MWith 2 others
  6. Jan
    Kit SteelGrant · CA$472KSole investor
  7. Jan
    Imagoh FoodsDebt · CA$1.1MSole investor
  8. Jan
    GH powerDebt · CA$1.4MSole investor
  9. 2025

    22 rounds

  10. Dec
    SkkynetGrant · CA$755KSole investor
  11. Dec
    CoralusGrant · CA$2.0MSole investor
  12. Dec
    Sky AcousticsGrant · CA$726KSole investor
  13. Nov
    Clear Blue TechnologiesCA$855KWith 2 others
  14. Oct
    Tailored GenesGrant · CA$1.0MSole investor
  15. Sept
    GreenMantra TechnologiesDebt · CA$10MWith 3 others
  16. Sept
    SyngliSeed · CA$24KWith 2 others
  17. Aug
    Axe LivingGrant · CA$1.5MSole investor
  18. Aug
    Arctic AcresGrant · CA$1.1MSole investor
  19. Jul
    SkygaugeVenture · CAUndisclosedWith 4 others
  20. Jun
    Vector InstituteGrant · CA$2.6MWith 5 others
  21. Mar
    FactRGrant · CA$800KSole investor
  22. Mar
    Off2ClassGrant · CA$800KWith 1 other
  23. Mar
    LoopGrant · US$750KSole investor
  24. Mar
    A.U.G. SignalsGrant · CA$3.2MSole investor
  25. Mar
    GoFleetGrant · CA$2.7MSole investor
  26. Mar
    OpifinyGrant · CA$800KSole investor
  27. Mar
    Monsters Aliens Robots ZombiesGrant · CA$1.0MSole investor
  28. Feb
    Proventus GlobalGrant · CA$846KSole investor
  29. Jan
    Cedar Valley SelectionsGrant · CA$1.0MSole investor
  30. Jan
    Esphera SynBioSeed · CA$2.0MSole investor
  31. Jan
    DMZGrant · CA$2.4MSole investor
  32. 2024

    7 rounds

  33. Nov
    Toronto GlobalGrant · CA$5.0MSole investor
  34. Oct
    Virica BiotechVenture · CAUndisclosedSole investor
  35. Jul
    LyticaVenture · CA$5.0MSole investor
  36. Jul
    Aethon AerialDebt · CA$1.8MSole investor
  37. May
    KA ImagingVenture · CAUndisclosedWith 1 other
  38. Apr
    EquispheresSeries B · CA$15MWith 2 others
  39. Jan
    ventureLABGrant · CA$4.5MWith 1 other
  40. 2023

    20 rounds

  41. Oct
    GetQuorumGrant · CA$1.5MWith 1 other
  42. Sept
    GrowerIQGrant · CA$803KWith 2 others
  43. Sept
    Hydrogen OptimizedDebt · CA$3.5MWith 1 other
  44. Jul
    CreyosDebt · CA$1.5MWith 2 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.

Who they invest alongside

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

BDC CapitalVC firm8rounds togetherOntario Centres of ExcellenceVC firm6rounds togetherMaRS Investment Accelerator FundVC firm5rounds togetherExport Development CanadaGovernment4rounds togetherSustainable Development Technology CanadaVC firm4rounds togetherAccelerator CentreAccelerator3rounds togetherDMZAccelerator3rounds togetherNational Research Council of Canada Industrial Research Assistance ProgramVC firm3rounds togetherArchangel Network Of FundsVC firm2rounds togetherGreenSky VenturesVC firm2rounds togetherOntario Centre of InnovationVC firm2rounds togetherY CombinatorAccelerator2rounds together

Recently backed

The latest companies FedDev put money into.

Resiliocs Intelligence$53K · Jul 2026Kit Steel$472K · Jan 2026Imagoh Foods$1.1M · Jan 2026GH power$1.4M · Jan 2026Skkynet$755K · Dec 2025Coralus$2.0M · Dec 2025

Quick answers about FedDev

What does FedDev invest in?

FedDev invests most often at Grant and Debt (70% of the rounds on record), in sectors such as Software and Travel.

How active is FedDev?

77 investments on record, 11 of them in the last 12 months. The most recent was in Jul 2026.

What has FedDev invested in recently?

Its most recent investments on record: Resiliocs Intelligence (Grant, Jul 2026), Tulong Tech (Grant, Jun 2026) and Esphera SynBio (Seed, May 2026).

How big are FedDev's cheques?

The median round it joins is $1.3M.

Does FedDev lead rounds?

Rarely, if at all: none of its 77 investments on record names it as the lead.

Where does FedDev invest?

Most of the companies it backs are in Canada (98%).

Is FedDev investing now?

Yes: it is actively investing, with 11 investments in the last 12 months.

Who does FedDev invest alongside?

Most often BDC Capital (8 rounds together), Ontario Centres of Excellence (6 rounds together) and MaRS Investment Accelerator Fund (5 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it