Canada · Investor

Royal Bank of Canada

Last cheque observed Oct 2026; 46 cheques on record.

Deploying nowNew fund $1.0B, Sept 2026Growth equity

DebtSeries BVentureFinancial ServicesArtificial Intelligence

Deploying now
90%of best year18cheques in 12 months, 46 on record
Since the last cheque8days00hrs00min00sec
Median round$100MRounds led0 of 46Sole investor5 roundsExits1 from the portfolioMostly inCanada, 55%
Pitch Royal Bank of Canada

Royal Bank of Canada highlights

  1. 01

    18 cheques in the last 12 months

  2. 02

    Mostly Debt and Series B: 75% of its rounds

  3. 03

    Sole investor in 5 rounds, median $51M

  4. 04

    1 exits from the portfolio

What they do

Type
Growth equity (from a list, unverified)
Cheque size
Not stated
Sectors
Financial ServicesArtificial Intelligence
Based in
Burlington, Canada
Cold pitches
Not stated

The record

Every round we can evidence, newest first46 appearances

  1. 2026

    17 rounds

  2. Oct
    Deriva EnergyDebt · US · Google News search$540MWith 4 others
  3. Sept
    KaikoSeries B · US · TechStartups$110MWith 13 others
  4. Sept
    UltimariiSeries A · CA · BetaKit$9.4MWith 6 others
  5. Sept
    KaikoSeries B · FR$57MWith 4 others
  6. Aug
    CAISSeries D · US · Fintech Global$170MWith 7 others
  7. Jun
    Dominion DynamicsSeries A · CA · Ventureburn$98MWith 17 others
  8. May
    Photonic Inc.CA · Firms' own news pages$200MWith 10 others
  9. May
    WhiteFiberDebt · US$100MSole investor
  10. May
    Triple Flag Precious MetalsDebt · CA$300MWith 4 others
  11. Apr
    PowerBankGrant · CA$1.1MSole investor
  12. Mar
    Activate GamesDebt · CA$53MWith 1 other
  13. Mar
    ArevonDebt · US$482MWith 3 others
  14. Feb
    VoskerDebt · CA$200MWith 4 others
  15. Feb
    LendbuzzDebt · US$246MWith 3 others
  16. Feb
    Gold Royalty CorpDebt · CA$125MWith 3 others
  17. Jan
    PhotonicGrowth · CA · Firms' own news pages$131MWith 7 others
  18. Jan
    WhiteFiberDebt · US$230MSole investor
  19. 2025

    11 rounds

  20. Nov
    Cordelio PowerDebt · CA$548MWith 6 others
  21. Oct
    NanoXploreCA$18MWith 3 others
  22. Oct
    G Mining Ventures Corp.Debt · CA$278MWith 3 others
  23. Sept
    Stag IndustrialDebt · US$300MWith 2 others
  24. Jul
    Car IQVenture · US$8.0MWith 5 others
  25. Jul
    Highwood Asset ManagementDebt · CA$103MWith 2 others
  26. Jun
    Industrial Logistics Properties TrustDebt · US$1.2BWith 4 others
  27. Jun
    OR RoyaltiesDebt · CA$474MWith 4 others
  28. Jun
    Conquest PlanningSeries B · CA$80MWith 5 others
  29. Mar
    NeuPath HealthDebt · CA$9.4MWith 1 other
  30. Mar
    Digital 9 InfrastructureVenture · GBUndisclosedWith 1 other
  31. 2024

    3 rounds

  32. Nov
    Boosted.aiVenture · CA$15MWith 3 others
  33. Aug
    HLS TherapeuticsDebt · CA$79MWith 4 others
  34. Jan
    TriceVenture · USUndisclosedSole investor
  35. 2022

    2 rounds

  36. Dec
    FoodtasticDebt · CA$128MWith 2 others
  37. Jun
    Lucero EnergyDebt · CA$180MWith 2 others
  38. 2021

    1 round

  39. Dec
    TealBookSeries B · CA$40MWith 2 others
  40. 2020

    1 round

  41. Jun
    OJOSeries D · HK$63MWith 2 others
  42. 2019

    1 round

  43. Mar
    Ojo LabsSeries C · US · FinSMEs$45MWith 3 others
  44. 2018

    3 rounds

  45. Jun
    Unison Home OwnershipSeries B · US · FinSMEs$40MWith 1 other
  46. May
    OJO labsSeries B · US · Siliconhillsnews$21MWith 5 others
  47. Jan
    Visible AlphaUS · FinSMEs$38MWith 12 others
  48. 2017

    1 round

  49. May
    WaveCA · FinSMEs$24MWith 9 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 team

We hold 23 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Funds they back

1 fund commitment on record

Managers
1

Every fund on record that it has committed money to, and the managers who invest it.Source: fund news.

Managers it backs most

Most recent commitments

Exits from the portfolio

Companies it backed that were later bought or listed1 in all

Neuromed PharmaceuticalsBought by ZalicusUndisclosedDec 2009

An exit counts when it came after the firm's first round in the company. From historical deal records.

Companies it bought

Acquisitions by the firm itself

City National Corp.UndisclosedJan 2015

Who they invest alongside

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

Recently backed

The latest companies Royal Bank of Canada put money into.

Mentioned on podcasts

Episodes that name Royal Bank of Canada in their description, not their title.

Quick answers about Royal Bank of Canada

What does Royal Bank of Canada invest in?

Royal Bank of Canada invests most often at Debt and Series B (75% of the rounds on record), in sectors such as Financial Services and Artificial Intelligence.

How active is Royal Bank of Canada?

46 investments on record, 18 of them in the last 12 months. The most recent was in Oct 2026.

What has Royal Bank of Canada invested in recently?

Its most recent investments on record: Deriva Energy (Debt, Oct 2026), Kaiko (Series B, Sept 2026) and Ultimarii (Series A, Sept 2026).

How big are Royal Bank of Canada's cheques?

The median round it joins is $100M.

Does Royal Bank of Canada lead rounds?

Rarely, if at all: none of its 46 investments on record names it as the lead.

Where does Royal Bank of Canada invest?

Most of the companies it backs are in Canada (55%) and the United States (38%).

Is Royal Bank of Canada investing now?

Yes: it is actively investing, with 18 investments in the last 12 months.

Who does Royal Bank of Canada invest alongside?

Most often BDC Capital (13 rounds together), National Bank of Canada (9 rounds together) and Export Development Canada (6 rounds together).

Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

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