# Hardware & Electronics investors in Canada (2026 list)

> 84 hardware & Electronics investors in Canada, 98% active in the last 12 months. Led by Y Combinator, Techstars, Alumni Ventures. Ranked by what they funded.

Source: https://millionrounds.com/lists/hardware-investors-in-canada (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Hardware & Electronics investors in Canada

Updated 7 November 2026

Firms observed backing a hardware & Electronics company in Canada in the last two years, wherever the firm is based.

[See all 84 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fhardware-investors-in-canada)The top 25

**84** investors on the list No change this week

**3,182** cheques in 12 months *-18%* against the market

**$6M** median round they joined *-25%* against the market median

**98%** wrote a cheque in 12 months

**58%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [Techstars](https://millionrounds.com/fund/techstars) *Deploying now* VC firm · United States **2,989** **$1.2M** median round **Nov 2026** last seen
- 3 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) *Deploying now* VC firm · United States **1,598** **$12M** median round **Nov 2026** last seen
- 4 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 5 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *Deploying now* VC firm · United States **1,128** **$26M** median round **Nov 2026** last seen
- 6 [Intel Capital](https://millionrounds.com/fund/intel-capital) *Deploying now* Corporate VC · United States **1,123** **$22M** median round **Oct 2026** last seen
- 7 [SOSV](https://millionrounds.com/fund/sosv) *Deploying now* VC firm · United States **951** **$2.5M** median round **Nov 2026** last seen
- 8 [FJ Labs](https://millionrounds.com/fund/fj-labs) *Deploying now* VC firm · United States **849** **$11M** median round **Oct 2026** last seen
- 9 [Antler](https://millionrounds.com/fund/antler) *Deploying now* VC firm · United Kingdom **729** **$1M** median round **Nov 2026** last seen
- 10 [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) *Deploying now* VC firm · Canada **685** **$6M** median round **Sept 2026** last seen
- 11 [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) *Deploying now* Private equity · United States **551** **$2.9M** median round **Nov 2026** last seen
- 12 [EISMEA](https://millionrounds.com/fund/eismea) *Deploying now* Investment firm **524** **$2.2M** median round **Sept 2026** last seen
- 13 [Fidelity](https://millionrounds.com/fund/fidelity) *Deploying now* VC firm · United States **360** **$119M** median round **Nov 2026** last seen
- 14 [Inovia Capital](https://millionrounds.com/fund/inovia-capital) *Deploying now* VC firm · Canada **328** **$11M** median round **Nov 2026** last seen
- 15 [Quiet Capital](https://millionrounds.com/fund/quiet-capital) *Deploying now* VC firm · United States **283** **$17M** median round **Oct 2026** last seen
- 16 [Hustle Fund](https://millionrounds.com/fund/hustle-fund) *Deploying now* VC firm · United States **280** **$3M** median round **Oct 2026** last seen
- 17 [Unpopular Ventures](https://millionrounds.com/fund/unpopular-ventures) *Deploying now* VC firm · United States **264** **$3M** median round **Sept 2026** last seen
- 18 [Eniac Ventures](https://millionrounds.com/fund/eniac-ventures) *Deploying now* VC firm · United States **227** **$8M** median round **Jul 2026** last seen
- 19 [Blume Ventures](https://millionrounds.com/fund/blume-ventures) *Deploying now* VC firm · India **225** **$5M** median round **Nov 2026** last seen
- 20 [Real Ventures](https://millionrounds.com/fund/real-ventures-2) *Deploying now* Family office · Brazil **210** **$5M** median round **Oct 2026** last seen
- 21 [New York Angels](https://millionrounds.com/fund/new-york-angels) *Deploying now* Angel network · United States **181** **$2.1M** median round **Sept 2026** last seen
- 22 [Export Development Canada](https://millionrounds.com/fund/export-development-canada) *Deploying now* Government · Canada **163** **$15M** median round **Oct 2026** last seen
- 23 [Amadeus Capital Partners](https://millionrounds.com/fund/amadeus-capital-partners) *Deploying now* VC firm · United Kingdom **158** **$12M** median round **Sept 2026** last seen
- 24 [Caffeinated Capital](https://millionrounds.com/fund/caffeinated-capital) *Deploying now* VC firm · United States **143** **$14M** median round **Sept 2026** last seen
- 25 [Government of Canada](https://millionrounds.com/fund/government-of-canada) *Deploying now* Government · Canada **138** **$2.5M** median round **Oct 2026** last seen

**59 more on this list**

All 84 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fhardware-investors-in-canada)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Physicl](https://millionrounds.com/company/physicl)** Seed · $10M *Led by* [Inovia Capital](https://millionrounds.com/fund/inovia-capital)
- **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *With* [Fidelity](https://millionrounds.com/fund/fidelity)
- **5** Nov **[firmly](https://millionrounds.com/company/firmly)** Series A · $15M *With* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)
- **5** Nov **[Nyquis](https://millionrounds.com/company/nyquis)** Seed · $6.3M *With* [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2)
- **5** Nov **[Quint Computing](https://millionrounds.com/company/quint-computing)** Series A · $10M *With* [Quantonation](https://millionrounds.com/fund/quantonation)
- **5** Nov **[RadianX](https://millionrounds.com/company/radianx)** Seed · $9M *Led by* [SOSV](https://millionrounds.com/fund/sosv)

## Stages This Year

2,647 rounds

- Venture **21%**
- Seed **19%**
- Pre-seed **15%**
- Series A **15%**
- Series B **6%**
- Other **23%**

## What They Backed

Sectors, last 12 months

- AI **1,167**
- Big Data & Analytics **140**
- Fintech **135**
- Healthcare **133**
- Biotech **120**
- Aerospace & Space **100**

## Cheques by Quarter

Led Joined

1,093 Q1 25

942 Q2 25

1,111 Q3 25

1,076 Q4 25

1,045 Q1 26

896 Q2 26

647 Q3 26

152 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in United States 3,683](https://millionrounds.com/lists/ai-investors-in-united-states)
- [Fintech investors in United States 1,166](https://millionrounds.com/lists/fintech-investors-in-united-states)
- [AI investors in United Kingdom 1,039](https://millionrounds.com/lists/ai-investors-in-united-kingdom)
- [Big Data & Analytics investors in United States 1,039](https://millionrounds.com/lists/big-data-investors-in-united-states)
- [Biotech investors in United States 914](https://millionrounds.com/lists/biotech-investors-in-united-states)
- [Energy investors in United States 798](https://millionrounds.com/lists/energy-investors-in-united-states)
- [Robotics investors in United States 797](https://millionrounds.com/lists/robotics-investors-in-united-states)
- [Construction investors in United States 742](https://millionrounds.com/lists/construction-investors-in-united-states)
- [Cybersecurity investors in United States 702](https://millionrounds.com/lists/cybersecurity-investors-in-united-states)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in hardware and deep tech

- The One Device: The Secret History of the iPhone Brian Merchant · 2017 3.89 from 1,949 ratings on Goodreads Hardware and deep tech About the book We know the iPhone as the device that transformed our world, changing everything from how we talk to each other and do business, to how we exercise, travel, shop, and watch TV. But packed within its slim profile is the fascinating, untold story of scientific, technological, and… On AmazonListen on Audible
- The British Industrial Revolution in Global Perspective Robert C. Allen · 2009 3.99 from 277 ratings on Goodreads Hardware and deep tech About the book Why did the industrial revolution take place in eighteenth-century Britain and not elsewhere in Europe or Asia? In this convincing new account Robert Allen argues that the British industrial revolution was a successful response to the global economy of the seventeenth and… On AmazonListen on Audible
- Made in the USA: The Rise and Retreat of American Manufacturing Vaclav Smil · 2013 3.77 from 518 ratings on Goodreads Hardware and deep tech About the book In Made in the USA, Vaclav Smil powerfully rebuts the notion that manufacturing is a relic of predigital history and that the loss of American manufacturing is a desirable evolutionary step toward a pure service economy. Smil argues that no advanced economy can prosper without… On AmazonListen on Audible
- Behemoth: A History of the Factory and the Making of the Modern World Joshua B. Freeman · 2018 3.83 from 864 ratings on Goodreads Hardware and deep tech About the book "Freeman’s rich and ambitious Behemoth depicts a world in retreat that still looms large in the national imagination.…More than an economic history, or a chronicle of architectural feats and labor movements." ―Jennifer Szalai, New York Times In an accessible and timely work of… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&model=hardware).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about hardware & Electronics investors in Canada

### Who are the most active hardware & Electronics investors in Canada?

By cheques observed, the most active are Y Combinator, Techstars, Alumni Ventures, Plug and Play and Khosla Ventures.

### How many hardware & Electronics investors in Canada are there?

84 are on record. 98% made an investment in the last 12 months and 58% have led a round.

### Which stages do hardware & Electronics investors in Canada back?

Of the rounds with a named stage in the last 12 months, mostly Seed (26%) and Pre-seed (21%).

### How big are the rounds hardware & Electronics investors in Canada join?

The typical (median) round among the leading investors here is $5M.

### Which sectors do hardware & Electronics investors in Canada back most?

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

### Which hardware & Electronics investors in Canada lead the most rounds?

Khosla Ventures (57 led), Intel Capital (19 led) and Fidelity (15 led).

### Where are hardware & Electronics investors in Canada based?

Among the most active, most are based in the United States (16), Canada (4) and the United Kingdom (2).

### What have hardware & Electronics investors in Canada invested in recently?

Recent rounds include Physicl (Seed, Nov 2026, with Inovia Capital), Harbinger (Series D+, Nov 2026, with Fidelity) and firmly (Series A, Nov 2026, with Alumni Ventures).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)