Canada · Investor

Natural Resources Canada

Last cheque observed Sep 2026; 60 cheques on record.

Deploying nowGovernment

SeedSeries ASeries BBiodiversityAgricultural-techEnvironmental Impact

Deploying now
59%of best year22cheques in 12 months, 60 on record
Since the last cheque55days00hrs00min00sec
Median round$1.6MRounds led0 of 60Sole investor33 roundsMostly inCanada, 95%
Pitch Natural Resources Canada

Natural Resources Canada highlights

  1. 01

    22 cheques in the last 12 months

  2. 02

    Mostly Grant and Venture: 95% of its rounds

  3. 03

    Sole investor in 33 rounds, median $1.6M

What they do

Type
Government (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries ASeries B
Sectors
BiodiversityAgricultural-techEnvironmental Impact
Based in
Ottawa, Canada
Cold pitches
Not stated

The record

Every round we can evidence, newest first60 appearances

  1. 2026

    12 rounds

  2. Sept
    CERT SystemsGrant · CA$2.0MWith 1 other
  3. Jun
    Nunavut Nunkiksautiit CorporationGrant · CA$9.4MSole investor
  4. Jun
    Sakku InvestmentsGrant · CA$1.8MSole investor
  5. Jun
    CarbicreteGrant · CA$705KWith 3 others
  6. May
    Glacies TechnologiesGrant · CA$3.6MWith 1 other
  7. May
    Electra Battery MaterialsDebt · CA$20MWith 2 others
  8. Apr
    Plug'n DriveGrant · CA$793KSole investor
  9. Apr
    Torngat MetalsVenture · CA$32MWith 1 other
  10. Apr
    Carbon AlphaGrant · CA$7.2MSole investor
  11. Mar
    Defense MetalsGrant · CA$1.4MSole investor
  12. Feb
    CHAR TechnologiesCA$2.9MSole investor
  13. Feb
    Salient EnergyDebt · CA$616KWith 4 others
  14. 2025

    33 rounds

  15. Dec
    NXTSENS MicrosystemsGrant · CA$1.9MWith 1 other
  16. Dec
    Spero AnalyticsGrant · CA$211KWith 2 others
  17. Dec
    Kuva SystemsGrant · US$692KWith 3 others
  18. Dec
    SensorUpGrant · CA$2.2MWith 2 others
  19. Dec
    Fireweed MetalsGrant · CA$157KWith 1 other
  20. Nov
    Rockburst TechnologiesVenture · CAUndisclosedWith 2 others
  21. Nov
    Hydra EnergyGrant · CA$1.0MWith 2 others
  22. Nov
    Green Economy CanadaGrant · CA$7.0MSole investor
  23. Nov
    GamotechGrant · CA$71KWith 3 others
  24. Nov
    Mont Royal ResourcesGrant · AU$1.9MSole investor
  25. Oct
    NanoXploreCA$18MWith 3 others
  26. Oct
    Torngat MetalsVenture · CA$11MWith 1 other
  27. Sept
    Agora Energy TechnologiesGrant · CA$1.7MSole investor
  28. Sept
    Northcliff ResourcesDebt · CA$2.5MWith 1 other
  29. Aug
    Propulsion QuebecGrant · CA$2.2MSole investor
  30. Aug
    Calogy SolutionsGrant · CA$1.1MWith 3 others
  31. Aug
    TerraFixingGrant · CA$1.8MSole investor
  32. Aug
    Polara EnergyGrant · CA$1.1MSole investor
  33. Aug
    Mogile TechnologiesGrant · CA$676KWith 2 others
  34. Jul
    Occam's TechnologiesGrant · CA$2.0MSole investor
  35. Jul
    Betterfrost TechnologiesGrant · CA$2.9MWith 1 other
  36. Jul
    AlumaPowerGrant · CA$3.6MWith 1 other
  37. Jul
    inMotiveGrant · CA$1.1MWith 1 other
  38. Jul
    Elemental TrucksGrant · CA$1.1MSole investor
  39. Jul
    Alectra UtilitiesGrant · CA$651KSole investor
  40. Jul
    Optiseis Solutions LtdGrant · CA$538KSole investor
  41. Jun
    Arca Climate Technologies, Inc.Grant · CA$232KWith 1 other
  42. Mar
    Dinjii Zhuh SolutionsGrant · CA$350KSole investor

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.

What they claim to have backed

From their own portfolio page (on their website)

0 of 10 we have independently watched raise

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.

Who they invest alongside

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.

Recently backed

The latest companies Natural Resources Canada put money into.

Quick answers about Natural Resources Canada

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.

How active is Natural Resources Canada?

60 investments on record, 22 of them in the last 12 months. The most recent was in Sept 2026.

What has Natural Resources Canada invested in recently?

Its most recent investments on record: CERT Systems (Grant, Sept 2026), Nunavut Nunkiksautiit Corporation (Grant, Jun 2026) and Sakku Investments (Grant, Jun 2026).

How big are Natural Resources Canada's cheques?

The median round it joins is $1.6M.

Does Natural Resources Canada lead rounds?

Rarely, if at all: none of its 60 investments on record names it as the lead.

Where does Natural Resources Canada invest?

Most of the companies it backs are in Canada (95%).

Is Natural Resources Canada investing now?

Yes: it is actively investing, with 22 investments in the last 12 months.

Who does Natural Resources Canada invest alongside?

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