Portfolio map · VC firm · Canada
FedDev portfolio map
36 startups FedDev has backed in rounds we track, since 2019, grouped by their main sector. Together they have raised $316M. The biggest sector is IT Services, with 6 companies.
36startups backed
10sectors
$316Mraised between them
IT Servicesbiggest sector
Funding by segment
- IT Services$23M6
- Big Data & Analytics$8.5M4
- Construction$4.3M4
- Edtech$50M4
- Fintech$7.1M3
- Cleantech$25M3
- Manufacturing$1.7M3
- Chemicals & Materials$29M3
- Biotech$22M3
- AI$145M3
Where they are based
- Canada33$182M
- United States2$134M
Canada
United StatesFounded
5Earlier
312
313
414
15
116
417
18
219
120
221
122
23
24
25
26
10 without a founding year on record.
Total raised
- Under $1M9
- $1M to $10M20
- $10M to $50M6
- $50M to $250M1
- $250M to $1B0
- $1B and over0
Each dot is a startup: the year it was founded across, the total it has raised up (each line is ten times the one below). Pick a segment to pick it out.
23 of 36 startups shown; the rest have no founding year or amount on record.
- 1 to 2
- 3 to 7
- 8 to 24
- 25 to 99
- 100 and more
- Canada33
- United States2
Startups by country, 2 countries in all.
Segment by segment
IT Services
6 startups · $23M raised
ShinydocsShinydocs is an enterprise software company based in Kitchener, Ontario, founded in 2013.Canada$12M
Area X.OArea X.O is the futureplex of innovation and collaboration.Canada$5.0M
GoFleetIndustry leading fleet management solution.Canada$2.7M
GetQuorumGetQuorum is an easy-to-use online proxy voting system and meeting package distribution service for condo meetings.Canada$1.5M
Aux ModeWe Specialize in Monetizing Stolen IP Online.Canada$1.2M
SkkynetSkkynet Cloud Systems is a global leader in real-time cloud information systems.Canada$755K
Big Data & Analytics
4 startups · $8.5M raised
LyticaLytica provides computer vision solutions for retail.Canada$5.0M
ThinkData Works Inc.A data catalog platform that unlocks the value of data to grow business.Canada$2.0M
Mero TechnologiesCommercial Facility Analytics for Property ManagersCanada$1.5M
SyngliSyngli is building an interactive tutoring system to enhance teaching and learning.Canada$24K
Construction
4 startups · $4.3M raised
Axe LivingAxe Living specializes in designing and building high-quality Accessory Dwelling Units that are functional, stylish, and built to last.Canada$1.5M
Arctic AcresArctic Acres provides Canada with highest quality geodesic domes kits, alternative horticultural solutions,innovative living & workspaces.Canada$1.1M
Ennova FacadesEnnova Facades offers a complete design and manufacturing solution to help realize architectural visions.Canada$1.0M
Sky AcousticsSky Acoustics is a manufacturer of custom acoustical ceiling and wall panels.Canada$726K
Edtech
4 startups · $50M raised
- AAxonifyCanada$45M
ventureLABVentureLab is a hands-on learning and innovation academy tech and entrepreneurship classes.Canada$4.5M
Off2ClassOff2Class is a Toronto-based educational technology company that specializes in English as a Second Language (ESL) and English LanCanada$800K
1Mentor1Mentor enables higher education and students to understand how the labour market is evolving and how to prepare for the future of work.Canada$30K
Fintech
3 startups · $7.1M raised
Toronto GlobalToronto Global is a non-profit investment attraction agency that supports the expansion of foreign-owned businesses to the Toronto Region.Canada$5.0M
CoralusCoralus invests in women-led and majority women-owned ventures that creates social impact through new models, new mindsets.Canada$2.0M
Resiliocs Intelligence(Fka Resiliō Climate Solutions) is a Climate Data and Analytics firm offering insights on climate for risk management and loss predictions.Canada$53K
Cleantech
3 startups · $25M raised
Peak PowerPeak Power is an energy services company based in Berlin that specializes in managing flexible energy assets.Canada$20M
Hydrogen OptimizedHydrogen Optimized develops and commercializes innovative large-scale Green Hydrogen production systems targeted to high-growth markets.Canada$3.5M
Clear Blue TechnologiesClear Blue Technologies, the Smart Off-Grid company, combines green energy with the proven advantages of communications.Canada$1.4M
Manufacturing
3 startups · $1.7M raised
- PRProto ResearchProto Research focuses on developing intelligent hardware for consumer goods, scientific research, and healthcare.United States$1.0M
TeTechSTeTechS produces and distributes non-contact and non-destructive turnkey quality control solutions for manufacturers in the packaging.Canada$700K
FireReinFireRein creates and manufactures the eco friendly products for the firefighting community.-$30K
Chemicals & Materials
3 startups · $29M raised
GreenMantra TechnologiesGreenMantra Technologies develops a proprietary catalytic process to economically produce commercial quality waxes.Canada$27M
GH powerGH Power builds and operates energy reactors that deliver green base-load power in a world that needs renewable energy now more than ever.Canada$1.4M
Kit SteelKit Steel is an on-time delivery from a trustworthy Canadian rebar supplier.Canada$472K
Biotech
3 startups · $22M raised
- NNoblegenCanada$19M
- ESEsphera SynBioEsphera SynBio operates as a biotechnology company.Canada$2.4M
Tailored GenesTailored Genes develops tailored lentivirus vectors for delivering precise therapeutic genes to target cells.Canada$1.0M
AI
3 startups · $145M raised
LoopLOOP provides an e-commerce platform for online sales and payment processing.United States$133M
SOSCIP ConsortiumSOSCIP Consortium specialised on data science solutions and the development of a knowledge-based and innovative economy.Canada$10M
Vector InstituteVector Institute focuses on the transformative field of artificial intelligence, excelling in machine and deep learning.Canada$2.6M
How this map is made. Every startup here has raised money in a round we track that names FedDev as an investor, the first in 2019. Each sits under its main sector, read from its rounds, and each shows its best-funded first. Rebuilt nightly; updated 15 November 2026.
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