Monthly roundup · Canada · August 2026

Startup funding in Canada, August 2026: Helcim's $39M Series C leads 9 rounds

We read 9 equity rounds raised in Canada and announced in August 2026, raising $57M between them: 4% of the rounds we read worldwide that month and 0% of the money. The largest was Helcim's $39M Series C, led by BDC's Growth Venture Fund and Business Development Bank of Canada (BDC)'s Growth Venture Fund. The median seed round was $6.8M, against $5.5M over the last twelve months worldwide.

Equity rounds9raised in Canada, 7 with an amount
Raised$57Macross those rounds
Lead named56%of rounds say who led
Share of the world4%of rounds; 0% of the money

The biggest rounds

  1. 1HelcimSeries C · led by BDC's Growth Venture Fund, Business Development Bank of Canada (BDC)'s Growth Venture Fund$39M
  2. 2Peripheral LabsSeed · led by Inovia Capital, Deloitte Ventures$8.7M
  3. 3LLegioSeed · led by Klass Capital$5.0M
  4. 4SSpacePre-seed · led by A16z Speedrun$2.4M
  5. 5BlueprintPre-seed$1.0M
  6. 6ÉÉlisa InteractivePre-seed$637K
  7. 7BrdgPre-seed$613K

Day by day

Equity rounds raised in Canada and announced each day of August. The busiest day was 17 August, with 3.

1 August31 August

By stage, against the year

Each stage's median this month beside its twelve-month median: Canada's own where we hold enough rounds for a benchmark, otherwise the worldwide one.

Pre-seed4$818Kthis month$2.0M12 months, worldwide
Seed3$6.8Mthis month$5.5M12 months, worldwide
Series A1-this month$20M12 months, worldwide
Series C1$39Mthis month$100M12 months, worldwide

In what

  • AI6
  • Gaming2
  • Hardware & Electronics2
  • Edtech2
  • Fintech2
  • Proptech1
  • SaaS1
  • Agtech1

AI was the busiest sector in Canada.

Against the world

  • Rounds, Canada9
  • Rounds, worldwide220
  • Raised, Canada$57M
  • Raised, worldwide$25B

The whole of August 2026

Other countries in August