# Incubators and accelerators based in Canada (2026 list) > 113 incubators and accelerators based in Canada, 9% active in the last 12 months. Led by Creative Destruction Lab, DMZ, NEXT Canada. Ranked by what they funded. Source: https://millionrounds.com/lists/incubators-accelerators-based-in-canada (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Incubators and accelerators based in Canada Updated 7 November 2026 Incubators and accelerators headquartered in Canada. [See all 113 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fincubators-accelerators-based-in-canada)The top 25 **113** investors on the list No change this week **76** cheques in 12 months *-28%* against the market **$2M** median round they joined *-75%* against the market median **9%** wrote a cheque in 12 months **1%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (10) - 1 [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) *Deploying now* Accelerator · Canada **427** **$3M** median round **Sept 2026** last seen - 2 [DMZ](https://millionrounds.com/fund/dmz-ventures) *Deploying now* Accelerator · Canada **73** **$1M** median round **Nov 2026** last seen - 3 [NEXT Canada](https://millionrounds.com/fund/next-ai) *Deploying now* Accelerator · Canada **70** **$1.1M** median round **Jan 2026** last seen - 4 [Accelerator Centre](https://millionrounds.com/fund/accelerator-centre) *Deploying now* Accelerator · Canada **59** **$1M** median round **Aug 2026** last seen - 5 [FounderFuel](https://millionrounds.com/fund/founderfuel) dormant Accelerator · Canada **45** **$49K** median round **Jul 2015** last seen - 6 [Extreme Venture Partners](https://millionrounds.com/fund/extreme-venture-partners) quiet Accelerator · Canada **34** **$2.5M** median round **Jun 2019** last seen - 7 [Growlab Ventures](https://millionrounds.com/fund/growlab-ventures) quiet Accelerator · Canada **29** **$300K** median round **May 2014** last seen - 8 [Mining Innovation Commercialization Accelerator](https://millionrounds.com/fund/mining-innovation-commercialization-accelerator) *Deploying now* Accelerator · Canada **29** **$486K** median round **Aug 2026** last seen - 9 [TandemLaunch](https://millionrounds.com/fund/tandemlaunch) *Deploying now* Accelerator · Canada **14** **$3.5M** median round **Jun 2026** last seen - 10 [BrandProject](https://millionrounds.com/fund/brandproject) quiet Accelerator · Canada **11** **$6M** median round **May 2018** last seen - 11 [Ecofuel](https://millionrounds.com/fund/ecofuel) quiet Accelerator · Canada **5** **$1.5M** median round **Mar 2019** last seen - 12 [Communitech HYPERDRIVE](https://millionrounds.com/fund/communitech-hyperdrive) dormant Accelerator · Canada **4** **$40K** median round **Feb 2013** last seen - 13 [Costarter](https://millionrounds.com/fund/costarter) quiet Accelerator · Canada **4** **$15K** median round **Jan 2014** last seen - 14 [CQDM](https://millionrounds.com/fund/cqdm) *Deploying now* Accelerator · Canada **2** **$5M** median round **Oct 2026** last seen - 15 [Freycinet Ventures (Freycinet Investments Ltd.)](https://millionrounds.com/fund/freycinet-ventures-freycinet-investments-ltd) quiet Accelerator · Canada **2** **$12M** median round **Sept 2024** last seen - 16 [RADIUS](https://millionrounds.com/fund/radius) *Deploying now* Accelerator · Canada **2** **$165M** median round **Jun 2026** last seen - 17 [Velocity](https://millionrounds.com/fund/velocity) quiet Accelerator · Canada **2** **$16M** median round **Sept 2018** last seen - 18 [adMare Bio Innovations](https://millionrounds.com/fund/admare-bio-innovations) *Deploying now* Accelerator · Canada **2** **$33M** median round **Nov 2026** last seen - 19 [HATCH ventures](https://millionrounds.com/fund/hatch-ventures) quiet Accelerator · Canada **2** **$4.3M** median round **Jul 2009** last seen - 20 [Altitude Accelerator](https://millionrounds.com/fund/altitude-accelerator) quiet Accelerator · Canada **1** **$31K** median round **Sept 2012** last seen - 21 [Brain Canada](https://millionrounds.com/fund/brain-canada) quiet Accelerator · Canada **1** **$1.5M** median round **Jun 2015** last seen - 22 [L-SPARK](https://millionrounds.com/fund/l-spark) quiet Accelerator · Canada **1** **$750K** median round **Sept 2015** last seen - 23 [MT Lab](https://millionrounds.com/fund/mt-lab) *Deploying now* Accelerator · Canada **1** **$3.4M** median round **Jun 2026** last seen - 24 [500 Startups Canada](https://millionrounds.com/fund/500-startups-canada) quiet Accelerator · Canada **1** **$24M** median round **Mar 2019** last seen - 25 [4KS Prototyping Incubator](https://millionrounds.com/fund/4ks-prototyping-incubator) unknown Incubator · Canada **none observed** **-** median round **-** last seen **88 more on this list** All 113 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%2Fincubators-accelerators-based-in-canada) ## The Newest Cheques Rounds this list's investors joined most recently - **3** Nov **[Thryv Therapeutics](https://millionrounds.com/company/thryv-therapeutics)** Series B · $30M *With* [adMare Bio Innovations](https://millionrounds.com/fund/admare-bio-innovations) - **2** Nov **[Hey Cleo](https://millionrounds.com/company/hey-cleo)** Other · $72K *Led by* [DMZ](https://millionrounds.com/fund/dmz-ventures) - **2** Nov **[Specific Biologics](https://millionrounds.com/company/specific-biologics)** Series A · $35M *With* [adMare Bio Innovations](https://millionrounds.com/fund/admare-bio-innovations) - **26** Oct **[DropGenie](https://millionrounds.com/company/dropgenie)** Seed · $5M *With* [CQDM](https://millionrounds.com/fund/cqdm) - **24** Sept **[Axya](https://millionrounds.com/company/axya)** Series A · $12M *With* [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) - **21** Sept **[Altis Labs](https://millionrounds.com/company/altis-labs)** Series A · $25M *With* [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) ## Stages This Year 75 rounds - Venture **31%** - Grant **27%** - Seed **13%** - Series A **12%** - Debt **5%** - Other **12%** ## What They Backed Sectors, last 12 months - AI **17** - Biotech **12** - Chemicals & Materials **7** - Software **5** - Healthcare **5** - Aerospace & Space **4** ## Cheques by Quarter Led Joined 30 Q1 25 32 Q2 25 28 Q3 25 23 Q4 25 26 Q1 26 19 Q2 26 18 Q3 26 4 Q4 26 The last bar is the quarter still running. ## Lists Like This - [VC firms based in United States 25,936](https://millionrounds.com/lists/vc-firms-based-in-united-states) - [PE firms based in United States 19,904](https://millionrounds.com/lists/pe-firms-based-in-united-states) - [VC firms based in United Kingdom 2,451](https://millionrounds.com/lists/vc-firms-based-in-united-kingdom) - [VC firms based in China 1,473](https://millionrounds.com/lists/vc-firms-based-in-china) - [VC firms based in India 1,309](https://millionrounds.com/lists/vc-firms-based-in-india) - [VC firms based in Canada 1,211](https://millionrounds.com/lists/vc-firms-based-in-canada) - [VC firms based in Germany 1,186](https://millionrounds.com/lists/vc-firms-based-in-germany) - [PE firms based in United Kingdom 974](https://millionrounds.com/lists/pe-firms-based-in-united-kingdom) - [Incubators and accelerators based in United States 828](https://millionrounds.com/lists/incubators-accelerators-based-in-united-states) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about incubators and accelerators based in Canada ### Who are the most active incubators and accelerators based in Canada? By cheques observed, the most active are Creative Destruction Lab, DMZ, NEXT Canada, Accelerator Centre and FounderFuel. ### How many incubators and accelerators based in Canada are there? 113 are on record. 9% made an investment in the last 12 months and 1% have led a round. ### Which stages do incubators and accelerators based in Canada back? Of the rounds with a named stage in the last 12 months, mostly Grant (41%) and Seed (20%). ### How big are the rounds incubators and accelerators based in Canada join? The typical (median) round among the leading investors here is $2.5M. ### Which sectors do incubators and accelerators based in Canada back most? In the last 12 months, mostly AI, Biotech and Chemicals & Materials. ### What have incubators and accelerators based in Canada invested in recently? Recent rounds include Thryv Therapeutics (Series B, Nov 2026, with adMare Bio Innovations), Hey Cleo (Other, Nov 2026, with DMZ) and Specific Biologics (Series A, Nov 2026, with adMare Bio Innovations). ### How is this list of incubators and accelerators based in Canada ranked? By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night. ### Can I see all 113 incubators and accelerators based in Canada? The top 25 are here. All 113 are in the app, with filters for stage, sector, market and cheque size. A free account shows 10 per search, Pro up to 1,000. Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)