# Investors based in Ottawa (2026 list)

> 108 investors based in Ottawa, 6% active in the last 12 months. Led by Export Development Canada, Sustainable Development Technology Canada, Natural...

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

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

# Investors based in Ottawa

Updated 7 November 2026

Firms with an address in Ottawa. A head office is a fact about the firm; where it invests is on its own page.

[See all 108 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-ottawa)The top 25

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

**57** cheques in 12 months *-20%* against the market

**$5.5M** median round they joined *-31%* against the market median

**6%** wrote a cheque in 12 months

**4%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (6)

- 1 [Export Development Canada](https://millionrounds.com/fund/export-development-canada) *Deploying now* Government · Canada **163** **$15M** median round **Oct 2026** last seen
- 2 [Sustainable Development Technology Canada](https://millionrounds.com/fund/sustainable-development-technology-canada) *Deploying now* VC firm · Canada **93** **$2M** median round **May 2026** last seen
- 3 [Natural Resources Canada](https://millionrounds.com/fund/natural-resources) *Deploying now* Government · Canada **61** **$1.6M** median round **Oct 2026** last seen
- 4 [Mistral](https://millionrounds.com/fund/mistral) *Deploying now* VC firm · Canada **59** **$4M** median round **Sept 2026** last seen
- 5 [Skypoint Capital](https://millionrounds.com/fund/skypoint-capital) quiet Investment firm · Canada **24** **$7.8M** median round **Aug 2010** last seen
- 6 [Wesley Clover](https://millionrounds.com/fund/wesley-clover-international) quiet Private equity · Canada **7** **$6.2M** median round **Aug 2018** last seen
- 7 [Ramius](https://millionrounds.com/fund/ramius) quiet Hedge fund · Canada **6** **$5.6M** median round **Jul 2012** last seen
- 8 [Hatchbrands](https://millionrounds.com/fund/hatchbrands) dormant VC firm · Canada **5** **$31K** median round **Jan 2013** last seen
- 9 [Bank Of Canada](https://millionrounds.com/fund/bank-of-canada) quiet VC firm · Canada **2** **$15M** median round **Oct 2003** last seen
- 10 [Infineon Technolog...](https://millionrounds.com/fund/infineon-technolog) quiet Corporate VC · Canada **2** **$15M** median round **Aug 2007** last seen
- 11 [James Richardson & Sons, Limited](https://millionrounds.com/fund/james-richardson-and-sons-limited) quiet Family office · Canada **2** **$33M** median round **Aug 2007** last seen
- 12 [Capital Angel Network](https://millionrounds.com/fund/capital-angel-network) quiet Angel network · Canada **1** **$2M** median round **May 2013** last seen
- 13 [Heron Rock Fund](https://millionrounds.com/fund/heron-rock-fund) quiet VC firm · Canada **1** **$13M** median round **Jun 2019** last seen
- 14 [L-SPARK](https://millionrounds.com/fund/l-spark) quiet Accelerator · Canada **1** **$750K** median round **Sept 2015** last seen
- 15 [Natural Sciences and Engineering Research Council Of Canada](https://millionrounds.com/fund/natural-sciences-and-engineering-research-council-of-canada) quiet Government · Canada **1** **$19K** median round **Jul 2015** last seen
- 16 [One 9 Investments](https://millionrounds.com/fund/one9) *Deploying now* Private equity · Canada **1** **$20M** median round **Oct 2026** last seen
- 17 [Ottawa Regional Cancer Foundation](https://millionrounds.com/fund/ottawa-regional-ca) quiet VC firm · Canada **1** **$5.5M** median round **Sept 2009** last seen
- 18 [Shopify](https://millionrounds.com/fund/shopify) *Deploying now* Corporate VC · Canada **1** **$3M** median round **Oct 2026** last seen
- 19 [African Community Fund for Education Canada](https://millionrounds.com/fund/african-community-fund-for-education-canada) unknown Investment firm · Canada **none observed** **-** median round **-** last seen
- 20 [Agriculture and Agri-Food Canada](https://millionrounds.com/fund/agriculture-and-ag) unknown Government · Canada **none observed** **-** median round **-** last seen
- 21 [Automative Supplier Innovation Program](https://millionrounds.com/fund/automative-supplier-innovation-program) unknown Government · Canada **none observed** **-** median round **-** last seen
- 22 [BackSeat Venture](https://millionrounds.com/fund/backseat-venture) unknown VC firm · Canada **none observed** **-** median round **-** last seen
- 23 [Broadcasting Accessibility Fund Inc.](https://millionrounds.com/fund/broadcasting-accessibility-fund-inc) unknown Government · Canada **none observed** **-** median round **-** last seen
- 24 [Bruinen Investments Inc.](https://millionrounds.com/fund/bruinen-investments-inc) unknown Investment firm · Canada **none observed** **-** median round **-** last seen
- 25 [CBC Pension Fund](https://millionrounds.com/fund/cbc-pension-fund) unknown Investment firm · Canada **none observed** **-** median round **-** last seen

**83 more on this list**

All 108 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%2Finvestors-based-in-ottawa)

## The Newest Cheques

Rounds this list's investors joined most recently

- **30** Oct **[Neoen](https://millionrounds.com/company/neoen)** Debt · $1.3B *With* [Export Development Canada](https://millionrounds.com/fund/export-development-canada)
- **29** Oct **[PMET Resources Inc.](https://millionrounds.com/company/pmet-resources-inc)** Grant · $868K *Led by* [Natural Resources Canada](https://millionrounds.com/fund/natural-resources)
- **26** Oct **[North Vector Dynamics](https://millionrounds.com/company/north-vector-dynamics)** Series A · $20M *With* [One 9 Investments](https://millionrounds.com/fund/one9)
- **20** Oct **[Vectorial AI Inc.](https://millionrounds.com/company/vectorial-ai-inc)** Seed · $3M *With* [Shopify](https://millionrounds.com/fund/shopify)
- **24** Sept **[Clastix](https://millionrounds.com/company/clastix)** Seed · $3.3M *With* [Mistral](https://millionrounds.com/fund/mistral)
- **21** Sept **[Thri5](https://millionrounds.com/company/thri5)** Seed · $5.4M *With* [Mistral](https://millionrounds.com/fund/mistral)

## Stages This Year

55 rounds

- Grant **36%**
- Debt **24%**
- Venture **16%**
- Seed **7%**
- Other **7%**
- Other **9%**

## What They Backed

Sectors, last 12 months

- Energy **11**
- AI **9**
- Construction **5**
- Oil & Gas **5**
- Cleantech **4**
- Climate Tech **3**

## Cheques by Quarter

Led Joined

14 Q1 25

12 Q2 25

27 Q3 25

32 Q4 25

16 Q1 26

22 Q2 26

4 Q3 26

4 Q4 26

The last bar is the quarter still running.

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

## Quick answers about investors based in Ottawa

### Who are the most active investors based in Ottawa?

By cheques observed, the most active are Export Development Canada, Sustainable Development Technology Canada, Natural Resources Canada, Mistral and Skypoint Capital.

### How many investors based in Ottawa are there?

108 are on record. 6% made an investment in the last 12 months and 4% have led a round.

### Which stages do investors based in Ottawa back?

Of the rounds with a named stage in the last 12 months, mostly Grant (48%) and Debt (31%).

### How big are the rounds investors based in Ottawa join?

The typical (median) round among the leading investors here is $5.6M.

### Which sectors do investors based in Ottawa back most?

In the last 12 months, mostly Energy, AI and Construction.

### Which investors based in Ottawa lead the most rounds?

Sustainable Development Technology Canada (3 led), Mistral (2 led) and Natural Resources Canada (1 led).

### What have investors based in Ottawa invested in recently?

Recent rounds include Neoen (Debt, Oct 2026, with Export Development Canada), PMET Resources Inc. (Grant, Oct 2026, with Natural Resources Canada) and North Vector Dynamics (Series A, Oct 2026, with One 9 Investments).

### How is this list of investors based in Ottawa ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

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