What does Natural Resources Canada invest in?
Natural Resources Canada invests most often at Grant and Venture (95% of the rounds on record), in sectors such as Biodiversity, Agricultural-tech and Environmental Impact.

Canada · Investor
Last cheque observed Sep 2026; 60 cheques on record.
Deploying nowGovernment
22 cheques in the last 12 months
Mostly Grant and Venture: 95% of its rounds
Sole investor in 33 rounds, median $1.6M
Every round we can evidence, newest first60 appearances
12 rounds
33 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.
From their own portfolio page (on their website)
Atomic Energy ofCanada Energy RegulatorCanada and the worldCanada-Newfoundland and LabradorCanada-Nova Scotia OffshoreCanadian Nuclear Safety CommissionContact NRCanFrançais frNorthern Pipeline Agency (NPA)Travel and tourism
Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.
The investors most often in the same rounds as Natural Resources Canada. A count of rooms they were both in, not a relationship either has claimed.
The latest companies Natural Resources Canada put money into.
Natural Resources Canada invests most often at Grant and Venture (95% of the rounds on record), in sectors such as Biodiversity, Agricultural-tech and Environmental Impact.
60 investments on record, 22 of them in the last 12 months. The most recent was in Sept 2026.
Its most recent investments on record: CERT Systems (Grant, Sept 2026), Nunavut Nunkiksautiit Corporation (Grant, Jun 2026) and Sakku Investments (Grant, Jun 2026).
The median round it joins is $1.6M.
Rarely, if at all: none of its 60 investments on record names it as the lead.
Most of the companies it backs are in Canada (95%).
Yes: it is actively investing, with 22 investments in the last 12 months.
Most often Cycle Momentum (4 rounds together), Government of Canada (4 rounds together) and Y Combinator (4 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