# FedDev Portfolio Map 2026: 36 Startups by Sector

> FedDev's portfolio mapped: 36 startups it has backed, in 10 sectors from IT Services, Big Data & Analytics and Construction on.

Source: https://millionrounds.com/portfolio-maps/feddev-portfolio-map (Millionrounds; every figure on the page links to its filing or article)

## IT Services

6

- [Shinydocs](https://millionrounds.com/company/shinydocs)
- [Area X.O](https://millionrounds.com/company/area-x-o)
- [GoFleet](https://millionrounds.com/company/gofleet)
- [GetQuorum](https://millionrounds.com/company/getquorum)
- [Aux Mode](https://millionrounds.com/company/aux-mode)
- [Skkynet](https://millionrounds.com/company/skkynet)

## Big Data & Analytics

4

- [Lytica](https://millionrounds.com/company/lytica)
- [ThinkData Works Inc.](https://millionrounds.com/company/thinkdata-works-inc)
- [Mero Technologies](https://millionrounds.com/company/mero-technologies)
- [Syngli](https://millionrounds.com/company/syngli)

## Construction

4

- [Axe Living](https://millionrounds.com/company/axe-living)
- [Arctic Acres](https://millionrounds.com/company/arctic-acres)
- [Ennova Facades](https://millionrounds.com/company/ennova-facades)
- [Sky Acoustics](https://millionrounds.com/company/sky-acoustics)

## Edtech

4

- [*A* Axonify](https://millionrounds.com/company/axonify)
- [ventureLAB](https://millionrounds.com/company/venturelab)
- [Off2Class](https://millionrounds.com/company/off2class)
- [1Mentor](https://millionrounds.com/company/1mentor)

## Fintech

3

- [Toronto Global](https://millionrounds.com/company/toronto-global)
- [Coralus](https://millionrounds.com/company/coralus)
- [Resiliocs Intelligence](https://millionrounds.com/company/resiliocs-intelligence)

## Cleantech

3

- [Peak Power](https://millionrounds.com/company/peak-power)
- [Hydrogen Optimized](https://millionrounds.com/company/hydrogen-optimized)
- [Clear Blue Technologies](https://millionrounds.com/company/clear-blue-technologies)

## Manufacturing

3

- [*PR* Proto Research](https://millionrounds.com/company/proto-research)
- [TeTechS](https://millionrounds.com/company/tetechs)
- [FireRein](https://millionrounds.com/company/firerein)

## Chemicals & Materials

3

- [GreenMantra Technologies](https://millionrounds.com/company/greenmantra-technologies)
- [GH power](https://millionrounds.com/company/gh-power)
- [Kit Steel](https://millionrounds.com/company/kit-steel)

## Biotech

3

- [*N* Noblegen](https://millionrounds.com/company/noblegen)
- [*ES* Esphera SynBio](https://millionrounds.com/company/esphera-synbio)
- [Tailored Genes](https://millionrounds.com/company/tailored-genes)

## AI

3

- [Loop](https://millionrounds.com/company/loop)
- [SOSCIP Consortium](https://millionrounds.com/company/soscip-consortium)
- [Vector Institute](https://millionrounds.com/company/vector-institute)

## Segment by segment

### IT Services

6 startups · $23M raised

- [**Shinydocs**](https://millionrounds.com/company/shinydocs) Shinydocs is an enterprise software company based in Kitchener, Ontario, founded in 2013. Canada $12M
- [**Area X.O**](https://millionrounds.com/company/area-x-o) Area X.O is the futureplex of innovation and collaboration. Canada $5.0M
- [**GoFleet**](https://millionrounds.com/company/gofleet) Industry leading fleet management solution. Canada $2.7M
- [**GetQuorum**](https://millionrounds.com/company/getquorum) GetQuorum is an easy-to-use online proxy voting system and meeting package distribution service for condo meetings. Canada $1.5M
- [**Aux Mode**](https://millionrounds.com/company/aux-mode) We Specialize in Monetizing Stolen IP Online. Canada $1.2M
- [**Skkynet**](https://millionrounds.com/company/skkynet) Skkynet Cloud Systems is a global leader in real-time cloud information systems. Canada $755K

### Big Data & Analytics

4 startups · $8.5M raised

- [**Lytica**](https://millionrounds.com/company/lytica) Lytica provides computer vision solutions for retail. Canada $5.0M
- [**ThinkData Works Inc.**](https://millionrounds.com/company/thinkdata-works-inc) A data catalog platform that unlocks the value of data to grow business. Canada $2.0M
- [**Mero Technologies**](https://millionrounds.com/company/mero-technologies) Commercial Facility Analytics for Property Managers Canada $1.5M
- [**Syngli**](https://millionrounds.com/company/syngli) Syngli is building an interactive tutoring system to enhance teaching and learning. Canada $24K

### Construction

4 startups · $4.3M raised

- [**Axe Living**](https://millionrounds.com/company/axe-living) Axe Living specializes in designing and building high-quality Accessory Dwelling Units that are functional, stylish, and built to last. Canada $1.5M
- [**Arctic Acres**](https://millionrounds.com/company/arctic-acres) Arctic Acres provides Canada with highest quality geodesic domes kits, alternative horticultural solutions,innovative living & workspaces. Canada $1.1M
- [**Ennova Facades**](https://millionrounds.com/company/ennova-facades) Ennova Facades offers a complete design and manufacturing solution to help realize architectural visions. Canada $1.0M
- [**Sky Acoustics**](https://millionrounds.com/company/sky-acoustics) Sky Acoustics is a manufacturer of custom acoustical ceiling and wall panels. Canada $726K

### Edtech

4 startups · $50M raised

- [*A* **Axonify**](https://millionrounds.com/company/axonify) Canada $45M
- [**ventureLAB**](https://millionrounds.com/company/venturelab) VentureLab is a hands-on learning and innovation academy tech and entrepreneurship classes. Canada $4.5M
- [**Off2Class**](https://millionrounds.com/company/off2class) Off2Class is a Toronto-based educational technology company that specializes in English as a Second Language (ESL) and English Lan Canada $800K
- [**1Mentor**](https://millionrounds.com/company/1mentor) 1Mentor 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 Global**](https://millionrounds.com/company/toronto-global) Toronto Global is a non-profit investment attraction agency that supports the expansion of foreign-owned businesses to the Toronto Region. Canada $5.0M
- [**Coralus**](https://millionrounds.com/company/coralus) Coralus invests in women-led and majority women-owned ventures that creates social impact through new models, new mindsets. Canada $2.0M
- [**Resiliocs Intelligence**](https://millionrounds.com/company/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 Power**](https://millionrounds.com/company/peak-power) Peak Power is an energy services company based in Berlin that specializes in managing flexible energy assets. Canada $20M
- [**Hydrogen Optimized**](https://millionrounds.com/company/hydrogen-optimized) Hydrogen Optimized develops and commercializes innovative large-scale Green Hydrogen production systems targeted to high-growth markets. Canada $3.5M
- [**Clear Blue Technologies**](https://millionrounds.com/company/clear-blue-technologies) Clear 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

- [*PR* **Proto Research**](https://millionrounds.com/company/proto-research) Proto Research focuses on developing intelligent hardware for consumer goods, scientific research, and healthcare. United States $1.0M
- [**TeTechS**](https://millionrounds.com/company/tetechs) TeTechS produces and distributes non-contact and non-destructive turnkey quality control solutions for manufacturers in the packaging. Canada $700K
- [**FireRein**](https://millionrounds.com/company/firerein) FireRein creates and manufactures the eco friendly products for the firefighting community. - $30K

### Chemicals & Materials

3 startups · $29M raised

- [**GreenMantra Technologies**](https://millionrounds.com/company/greenmantra-technologies) GreenMantra Technologies develops a proprietary catalytic process to economically produce commercial quality waxes. Canada $27M
- [**GH power**](https://millionrounds.com/company/gh-power) GH 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 Steel**](https://millionrounds.com/company/kit-steel) Kit Steel is an on-time delivery from a trustworthy Canadian rebar supplier. Canada $472K

### Biotech

3 startups · $22M raised

- [*N* **Noblegen**](https://millionrounds.com/company/noblegen) Canada $19M
- [*ES* **Esphera SynBio**](https://millionrounds.com/company/esphera-synbio) Esphera SynBio operates as a biotechnology company. Canada $2.4M
- [**Tailored Genes**](https://millionrounds.com/company/tailored-genes) Tailored Genes develops tailored lentivirus vectors for delivering precise therapeutic genes to target cells. Canada $1.0M

### AI

3 startups · $145M raised

- [**Loop**](https://millionrounds.com/company/loop) LOOP provides an e-commerce platform for online sales and payment processing. United States $133M
- [**SOSCIP Consortium**](https://millionrounds.com/company/soscip-consortium) SOSCIP Consortium specialised on data science solutions and the development of a knowledge-based and innovative economy. Canada $10M
- [**Vector Institute**](https://millionrounds.com/company/vector-institute) Vector 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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