# 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...

Source: https://millionrounds.com/news/monthly/2026-08/canada (Millionrounds; every figure on the page links to its filing or article)

Equity rounds **9** raised in Canada, 7 with an amount

Raised **$57M** across those rounds

Lead named **56%** of rounds say who led

Share of the world **4%** of rounds; 0% of the money

## The biggest rounds

- [1 **Helcim** Series C · led by BDC's Growth Venture Fund, Business Development Bank of Canada (BDC)'s Growth Venture Fund **$39M**](https://millionrounds.com/company/helcim)
- [2 **Peripheral Labs** Seed · led by Inovia Capital, Deloitte Ventures **$8.7M**](https://millionrounds.com/company/peripheral-labs)
- [3 L **Legio** Seed · led by Klass Capital **$5.0M**](https://millionrounds.com/company/legio)
- [4 S **Space** Pre-seed · led by A16z Speedrun **$2.4M**](https://millionrounds.com/company/space)
- [5 **Blueprint** Pre-seed **$1.0M**](https://millionrounds.com/company/blueprint)
- [6 É **Élisa Interactive** Pre-seed **$637K**](https://millionrounds.com/company/elisa-interactive)
- [7 **Brdg** Pre-seed **$613K**](https://millionrounds.com/company/brdg)

## Day by day

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

1 August 31 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-seed](https://millionrounds.com/benchmarks/pre-seed) *4* **$818K** this month **$2.0M** 12 months, worldwide

[Seed](https://millionrounds.com/benchmarks/seed) *3* **$6.8M** this month **$5.5M** 12 months, worldwide

[Series A](https://millionrounds.com/benchmarks/series-a) *1* **-** this month **$20M** 12 months, worldwide

[Series C](https://millionrounds.com/benchmarks/series-c) *1* **$39M** this month **$100M** 12 months, worldwide

## In what

- [AI](https://millionrounds.com/news/monthly/2026-08/sector/ai) **6**
- Gaming **2**
- Hardware & Electronics **2**
- Edtech **2**
- [Fintech](https://millionrounds.com/news/monthly/2026-08/sector/fintech) **2**
- Proptech **1**
- SaaS **1**
- Agtech **1**

AI was the busiest sector in Canada.

## Against the world

- Rounds, Canada **9**
- Rounds, worldwide **220**
- Raised, Canada **$57M**
- Raised, worldwide **$25B**

[The whole of August 2026](https://millionrounds.com/news/monthly/2026-08)

## Other countries in August

[93 rounds **United States** *→*](https://millionrounds.com/news/monthly/2026-08/united-states)[24 rounds **United Kingdom** *→*](https://millionrounds.com/news/monthly/2026-08/united-kingdom)[12 rounds **Australia** *→*](https://millionrounds.com/news/monthly/2026-08/australia)[8 rounds **India** *→*](https://millionrounds.com/news/monthly/2026-08/india)[8 rounds **Brazil** *→*](https://millionrounds.com/news/monthly/2026-08/brazil)[5 rounds **China** *→*](https://millionrounds.com/news/monthly/2026-08/china)

**How this roundup is made**

It is written from the rounds we read that month in named articles and filings, counted by the country the company raised in. Only equity rounds with a stage count; debt, grants and public companies' raises do not. Each month the eight countries with the most equity rounds get their own roundup. We read more sources every month, so compare medians, not totals. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)
