Investor Lists

Defence tech investors in Canada

Updated 7 November 2026

Firms observed backing a defence tech company in Canada in the last two years, wherever the firm is based.

See all 34 →The top 25
34investors on the listNo change this week
444cheques in 12 months+17% against the market
$20Mmedian round they joined+150% against the market median
100%wrote a cheque in 12 months
38%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

  1. 1Bessemer Venture PartnersDeploying nowVC firm · United States1,038$30Mmedian roundNov 2026last seen
  2. 2BDC CapitalDeploying nowVC firm · Canada685$6Mmedian roundSept 2026last seen
  3. 3Unpopular VenturesDeploying nowVC firm · United States264$3Mmedian roundSept 2026last seen
  4. 4Valor Equity PartnersDeploying nowVC firm · United States261$50Mmedian roundNov 2026last seen
  5. 5LakestarDeploying nowVC firm · Switzerland168$18Mmedian roundOct 2026last seen
  6. 6Omers VenturesDeploying nowVC firm · Canada118$21Mmedian roundSept 2026last seen
  7. 7GeorgianDeploying nowVC firm · Canada100$52Mmedian roundOct 2026last seen
  8. 8Garage CapitalDeploying nowVC firm88$5Mmedian roundOct 2026last seen
  9. 9Golden VenturesDeploying nowVC firm · Canada78$8.8Mmedian roundSept 2026last seen
  10. 10New Science VentureDeploying nowVC firm · United States50$12Mmedian roundOct 2026last seen
  11. 11Royal Bank of CanadaDeploying nowGrowth equity · Canada46$100Mmedian roundOct 2026last seen
  12. 12Silent VenturesDeploying nowVC firm · United States7$50Mmedian roundOct 2026last seen
  13. 13British Columbia Investment Management Corporation (BCI)Deploying nowGrowth equity6$149Mmedian roundSept 2026last seen
  14. 14Emerging VenturesDeploying nowVC firm · United States4$2.5Mmedian roundOct 2026last seen
  15. 15Feld VenturesDeploying nowVC firm · Canada4$13Mmedian roundOct 2026last seen
  16. 16Ripple VenturesDeploying nowVC firm · United States4$2.8Mmedian roundOct 2026last seen
  17. 17Expeditions FundDeploying nowVC firm · Poland3$13Mmedian roundJun 2026last seen
  18. 18Tech HorizonsDeploying nowVC firm · Luxembourg3$20Mmedian roundOct 2026last seen
  19. 19BC Investment Management CorporationDeploying nowGrowth equity3$98Mmedian roundJun 2026last seen
  20. 202050 CapitalDeploying nowVC firm · United Kingdom2$6Mmedian roundOct 2026last seen
  21. 21Conconi Growth PartnersDeploying nowGrowth equity · Canada2$20Mmedian roundOct 2026last seen
  22. 22Deloitte VenturesDeploying nowVC firm · Australia2$53Mmedian roundAug 2026last seen
  23. 23Telegraph VenturesDeploying nowVC firm2$2.5Mmedian roundOct 2026last seen
  24. 24BDC's Industrial Innovation Venture FundDeploying nowVC firm2$8Mmedian roundSept 2026last seen
  25. 25Valour Equity PartnersDeploying nowVC firm2$55Mmedian roundJun 2026last seen
9 more on this list

All 34 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

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Quick answers about defence tech investors in Canada

Who are the most active defence tech investors in Canada?

By cheques observed, the most active are Bessemer Venture Partners, BDC Capital, Unpopular Ventures, Valor Equity Partners and Lakestar.

How many defence tech investors in Canada are there?

34 are on record. 100% made an investment in the last 12 months and 38% have led a round.

Which stages do defence tech investors in Canada back?

Of the rounds with a named stage in the last 12 months, mostly Series A (22%) and Seed (19%).

How big are the rounds defence tech investors in Canada join?

The typical (median) round among the leading investors here is $18M.

Which sectors do defence tech investors in Canada back most?

In the last 12 months, mostly AI, Cybersecurity and Big Data & Analytics.

Which defence tech investors in Canada lead the most rounds?

Bessemer Venture Partners (51 led), Valor Equity Partners (21 led) and Georgian (13 led).

Where are defence tech investors in Canada based?

Among the most active, most are based in the United States (7), Canada (7) and Switzerland (1).

What have defence tech investors in Canada invested in recently?

Recent rounds include Zipline (Growth, Nov 2026, with Valor Equity Partners), Sentra (Series C, Nov 2026, with Bessemer Venture Partners) and fal (Nov 2026, with Bessemer Venture Partners).

Built from the rounds we watched, refreshed every night. How we count · Report a correction