Canada · Investor
Last cheque observed Jul 2026; 80 cheques on record.
Deploying nowVC firm
20 cheques in the last 12 months
Mostly Grant and Venture: 74% of its rounds
Sole investor in 26 rounds, median $414K
Every round we can evidence, newest first80 appearances
17 rounds
21 rounds
11 rounds
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 investors most often in the same rounds as National Research Council of Canada Industrial Research Assistance Program. A count of rooms they were both in, not a relationship either has claimed.
Creative Destruction LabAccelerator8rounds together
Government of CanadaGovernment7rounds togetherAtlantic Canada Opportunities AgencyVC firm6rounds together
BDC CapitalVC firm5rounds together
Innovate BCGovernment5rounds together
Alberta InnovatesInvestment firm4rounds togetherInnovacorpVC firm4rounds together
Accelerator CentreAccelerator3rounds together
Export Development CanadaGovernment3rounds together
FedDevVC firm3rounds together
New Brunswick Innovation FoundationVC firm3rounds togetherSustainable Development Technology CanadaVC firm3rounds togetherThe latest companies National Research Council of Canada Industrial Research Assistance Program put money into.
National Research Council of Canada Industrial Research Assistance Program invests most often at Grant and Venture (74% of the rounds on record), in sectors such as E-Commerce and FinTech.
80 investments on record, 20 of them in the last 12 months. The most recent was in Jul 2026.
Its most recent investments on record: Resiliocs Intelligence (Grant, Jul 2026), NORAM Electrolysis Systems Inc (Grant, Jun 2026) and ME Therapeutics (Undisclosed round, Jun 2026).
The median round it joins is $444K.
Rarely, if at all: none of its 80 investments on record names it as the lead.
Most of the companies it backs are in Canada (95%) and the United States (5%).
Yes: it is actively investing, with 20 investments in the last 12 months.
Most often Creative Destruction Lab (8 rounds together), Government of Canada (7 rounds together) and Atlantic Canada Opportunities Agency (6 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
Canada · 
