# Government of Canada Portfolio Map 2026: 61 Startups by Sector

> Government of Canada's portfolio mapped: 61 startups it has backed, in 12 sectors from AI, Biotech and Nonprofit on.

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

## AI

13

- [Scale AI](https://millionrounds.com/company/scale-ai)
- [Cohere](https://millionrounds.com/company/cohere)
- [Centre de Collaboration MiQro Innovation](https://millionrounds.com/company/centre-de-collaboration-miqro-innovation)
- [LawZero](https://millionrounds.com/company/lawzero)
- [*V* VITAL](https://millionrounds.com/company/vital)
- [*I* Infinity](https://millionrounds.com/company/infinity)
- [FluidAI Medical](https://millionrounds.com/company/fluidai-medical)
- [*B* Bluedot](https://millionrounds.com/company/bluedot)
- [Canvass AI](https://millionrounds.com/company/canvass-ai)
- [Ampere](https://millionrounds.com/company/ampere)
- [Mirsee Robotics](https://millionrounds.com/company/mirsee-robotics)
- [Tech Spark AI](https://millionrounds.com/company/tech-spark-ai)
- [Metaspectral](https://millionrounds.com/company/metaspectral)

## Biotech

7

- [AbCellera](https://millionrounds.com/company/abcellera)
- [Precision NanoSystem](https://millionrounds.com/company/precision-nanosystem)
- [Edesa Biotech](https://millionrounds.com/company/edesa-biotech)
- [Mazza Innovation](https://millionrounds.com/company/mazza-innovation)
- [Anodyne Chemistries](https://millionrounds.com/company/anodyne-chemistries)
- [Renaissance BioScience](https://millionrounds.com/company/renaissance-bioscience)
- [Ananda Devices](https://millionrounds.com/company/ananda-devices)

## Nonprofit

7

- [Veterans' House Canada](https://millionrounds.com/company/veterans-house-canada)
- [Jack.org](https://millionrounds.com/company/jack-org)
- [Strongest Families Institute](https://millionrounds.com/company/strongest-families-institute)
- [Eating Disorders Nova Scotia](https://millionrounds.com/company/eating-disorders-nova-scotia)
- [Palette Skills](https://millionrounds.com/company/palette-skills)
- [K'asho Got'ine Housing Society](https://millionrounds.com/company/k-asho-got-ine-housing-society)
- [Chinese Canadian Museum](https://millionrounds.com/company/chinese-canadian-museum)

## Energy

5

- [PowerCo](https://millionrounds.com/company/powerco)
- [Mangrove Lithium](https://millionrounds.com/company/mangrove-lithium)
- [Electra Battery Materials](https://millionrounds.com/company/electra-battery-materials)
- [Energy Safety Canada](https://millionrounds.com/company/energy-safety-canada)
- [Novus Earth](https://millionrounds.com/company/novus-earth)

## Agtech

5

- [Protein Industries Canada](https://millionrounds.com/company/protein-industries-canada)
- [Lucent BioSciences](https://millionrounds.com/company/lucent-biosciences)
- [Blue Ocean Gear](https://millionrounds.com/company/blue-ocean-gear)
- [SomaDetect](https://millionrounds.com/company/somadetect)
- [*BR* Bioimaging Research Solutions](https://millionrounds.com/company/bioimaging-research-solutions)

## Cleantech

4

- [*CU* Carbon Upcycling Technologies](https://millionrounds.com/company/carbon-upcycling-technologies)
- [BioFuelNet Canada](https://millionrounds.com/company/biofuelnet-canada)
- [E2metrix](https://millionrounds.com/company/e2metrix)
- [Evercloak](https://millionrounds.com/company/evercloak)

## Oil & Gas

4

- [Generation Mining](https://millionrounds.com/company/generation-mining)
- [Fireweed Metals](https://millionrounds.com/company/fireweed-metals)
- [Canada Nickel Company](https://millionrounds.com/company/canada-nickel-company)
- [Northcliff Resources](https://millionrounds.com/company/northcliff-resources)

## Hardware & Electronics

4

- [Photonic](https://millionrounds.com/company/photonic)
- [Laserax](https://millionrounds.com/company/laserax)
- [Eocycle](https://millionrounds.com/company/eocycle)
- [Little Robot Friends](https://millionrounds.com/company/little-robot-friends)

## Manufacturing

3

- [Aurora Hydrogen](https://millionrounds.com/company/aurora-hydrogen)
- [GIP Togo](https://millionrounds.com/company/gip-togo)
- [Accelovant](https://millionrounds.com/company/accelovant)

## IT Services

3

- [Talent Innovation Canada](https://millionrounds.com/company/talent-innovation-canada)
- [Anyon Systems](https://millionrounds.com/company/anyon-systems)
- [EXO Insights](https://millionrounds.com/company/exo-insights)

## Advanced Manufacturing

3

- [Aspect Biosystems](https://millionrounds.com/company/aspect-biosystems)
- [Gryd](https://millionrounds.com/company/gryd)
- [Visao](https://millionrounds.com/company/visao)

## Community

3

- [Quantum Industry Canada](https://millionrounds.com/company/quantum-industry-canada)
- [Camping Aventure Megantic](https://millionrounds.com/company/camping-aventure-megantic)
- [Kaleo Collective](https://millionrounds.com/company/kaleo-collective)

## Segment by segment

### AI

13 startups · $22B raised

- [**Scale AI**](https://millionrounds.com/company/scale-ai) Scale delivers proven data, evaluations, and outcomes to AI labs, governments, and the Fortune 500. United States $15B
- [**Cohere**](https://millionrounds.com/company/cohere) Cohere is a Canadian multinational artificial intelligence company founded in 2019, specializing in foundational large language mo Canada $5.6B
- [**Centre de Collaboration MiQro Innovation**](https://millionrounds.com/company/centre-de-collaboration-miqro-innovation) Centre de Collaboration MiQro Innovation is a semiconductor foundry. Canada $469M
- [**LawZero**](https://millionrounds.com/company/lawzero) LawZero is committed to advancing research and creating technical solutions that enable safe-by-design AI systems. Canada $215M
- [*V* **VITAL**](https://millionrounds.com/company/vital) Canada $105M
- [*I* **Infinity**](https://millionrounds.com/company/infinity) United States $21M
- [**FluidAI Medical**](https://millionrounds.com/company/fluidai-medical) FluidAI Medical is a Medical Device startup developing a solution to detect gastrointestinal leaks after surgical procedures. Canada $16M
- [*B* **Bluedot**](https://millionrounds.com/company/bluedot) United Kingdom $13M

### Biotech

7 startups · $567M raised

- [**AbCellera**](https://millionrounds.com/company/abcellera) AbCellera is an antibody discovery and development company that develops antibody therapeutics to improve patient outcomes. Canada $526M
- [**Precision NanoSystem**](https://millionrounds.com/company/precision-nanosystem) Precision NanoSystem provides Neuro9Kit for the study of gene function in neurons and glia cells. Canada $32M
- [**Edesa Biotech**](https://millionrounds.com/company/edesa-biotech) Edesa develops treatments for dermatological and anorectal diseases. Canada $5.9M
- [**Mazza Innovation**](https://millionrounds.com/company/mazza-innovation) Mazza Innovation produces clean ingredients and specialize in extracting bioactive compounds including polyphenols. - $2.4M
- [**Anodyne Chemistries**](https://millionrounds.com/company/anodyne-chemistries) Anodyne Chemistries is a Canadian deep-tech and industrial biotechnology company founded in 2021, based in Burnaby, British Columbia. Canada $724K
- [**Renaissance BioScience**](https://millionrounds.com/company/renaissance-bioscience) Renaissance BioScience, a biotechnology company, develops yeast-based proprietary technology solutions for food and beverage manufacturers. Canada $599K
- [**Ananda Devices**](https://millionrounds.com/company/ananda-devices) Ananda Devices develops & manufactures microfluidic platforms to improve standardization, precision and reproducibility of cell assays. Canada $256K

### Nonprofit

7 startups · $14M raised

- [**Veterans' House Canada**](https://millionrounds.com/company/veterans-house-canada) Veterans' House Canada will provide a veterans-only atmosphere. Canada $7.6M
- [**Jack.org**](https://millionrounds.com/company/jack-org) Jack.org is a non-profit organization that trains and empowers young leaders to revolutionize mental health in every province and territory. Canada $2.9M
- [**Strongest Families Institute**](https://millionrounds.com/company/strongest-families-institute) Strongest Families Institute is a charity that provides bilingual mental health services utilizing social science research. Canada $1.3M
- [**Eating Disorders Nova Scotia**](https://millionrounds.com/company/eating-disorders-nova-scotia) Eating Disorders Nova Scotia is a community-based, charitable organisation. Canada $1.3M
- [**Palette Skills**](https://millionrounds.com/company/palette-skills) Palette Skills is a national non-profit funded in part by the Government of Canada's Sectoral Initiatives Program. Canada $600K
- [**K'asho Got'ine Housing Society**](https://millionrounds.com/company/k-asho-got-ine-housing-society) K'asho Got'ine Housing Society focuses on addressing housing issues in Fort Good Hope Canada $328K
- [**Chinese Canadian Museum**](https://millionrounds.com/company/chinese-canadian-museum) Chinese Canadian Museum is a non-profit organization dedicated to building and managing public museum. Canada $204K

### Energy

5 startups · $654M raised

- [**PowerCo**](https://millionrounds.com/company/powerco) PowerCo's development is the next phase in expanding the global battery business. Germany $513M
- [**Mangrove Lithium**](https://millionrounds.com/company/mangrove-lithium) Develops a platform for the most cost-effective production of battery grade lithium hydroxide from diverse input streams and assets. Canada $101M
- [**Electra Battery Materials**](https://millionrounds.com/company/electra-battery-materials) Electra Battery Materials develops and produces battery-grade materials for the electric vehicle (EV) and energy storage industries. Canada $20M
- [**Energy Safety Canada**](https://millionrounds.com/company/energy-safety-canada) Energy Safety Canada is a oil and gas energy company located in Calgary. Canada $15M
- [**Novus Earth**](https://millionrounds.com/company/novus-earth) Novus Earth Energy is an innovation-driven corporation that develops and implements decarbonized technologies. Canada $5.0M

### Agtech

5 startups · $24M raised

- [**Protein Industries Canada**](https://millionrounds.com/company/protein-industries-canada) Protein Industries Canada is an industry-led, not-for-profit organization. Canada $11M
- [**Lucent BioSciences**](https://millionrounds.com/company/lucent-biosciences) Lucent BioSciences is a AgTech start-up that has developed a novel climate-positive smart fertilizer system. Canada $5.0M
- [**Blue Ocean Gear**](https://millionrounds.com/company/blue-ocean-gear) Blue Ocean Gear is a California-based technology startup founded in 2015, focused on developing intelligent tracking solutions for United States $4.2M
- [**SomaDetect**](https://millionrounds.com/company/somadetect) SomaDetect provides dairy farmers with the information they need to produce the best possible milk. Canada $2.5M
- [*BR* **Bioimaging Research Solutions**](https://millionrounds.com/company/bioimaging-research-solutions) Bioimaging Research Solutions strives to streamline and enhance the food-production system at all stages - from farm to consumer. Canada $1.0M

### Cleantech

4 startups · $21M raised

- [*CU* **Carbon Upcycling Technologies**](https://millionrounds.com/company/carbon-upcycling-technologies) Canada $10M
- [**BioFuelNet Canada**](https://millionrounds.com/company/biofuelnet-canada) BioFuelNet Canada mobilizes the Canadian biofuels research, industrial, governmental and investment communities. Canada $5.3M
- [**E2metrix**](https://millionrounds.com/company/e2metrix) E2metrix develops and commercializes wastewater and recirculated water systems to remove targeted contaminants for a variety of in Canada $3.9M
- [**Evercloak**](https://millionrounds.com/company/evercloak) Evercloak is a cleantech startup that specializes in manufacturing ultra-thin graphene and other 2D nanomaterial films. Canada $1.7M

### Oil & Gas

4 startups · $394M raised

- [**Generation Mining**](https://millionrounds.com/company/generation-mining) Generation Mining is a mineral development company that focuses on zinc and molybdenum projects in Canada. Canada $311M
- [**Fireweed Metals**](https://millionrounds.com/company/fireweed-metals) Fireweed Metals is a Canadian mining exploration and development company. Canada $44M
- [**Canada Nickel Company**](https://millionrounds.com/company/canada-nickel-company) Canada Nickel Company is a mining company that develops nickel-sulphide projects to support electric vehicle and steel markets. Canada $37M
- [**Northcliff Resources**](https://millionrounds.com/company/northcliff-resources) Northcliff Resources is a mineral development company focused on advancing the Sisson Tungsten-Molybdenum. Canada $2.5M

### Hardware & Electronics

4 startups · $191M raised

- [**Photonic**](https://millionrounds.com/company/photonic) Photonic develops quantum computing and networking technologies, utilizing silicon spin qubits and native telecom networking interface. Canada $131M
- [**Laserax**](https://millionrounds.com/company/laserax) Laserax is a Quebec-based manufacturer specializing in industrial laser systems and turnkey solutions. Canada $46M
- [**Eocycle**](https://millionrounds.com/company/eocycle) Eocycle Technologies Inc. Canada $15M
- [**Little Robot Friends**](https://millionrounds.com/company/little-robot-friends) Little Robot Friends is a robotic learning platform that teaches about coding, electronics, and social-emotional learning for kids. - $100K

### Manufacturing

3 startups · $5.3M raised

- [**Aurora Hydrogen**](https://millionrounds.com/company/aurora-hydrogen) Aurora Hydrogen is a cleantech startup based in Edmonton, Alberta, founded in 2021. Canada $3.0M
- [**GIP Togo**](https://millionrounds.com/company/gip-togo) GIP Togo is a manufacturing firm that makes renewable semiconductor with the help scrap and waste. - $1.2M
- [**Accelovant**](https://millionrounds.com/company/accelovant) Accelovant produces high quality fiber optic temperature sensors Canada $1.1M

### IT Services

3 startups · $38M raised

- [**Talent Innovation Canada**](https://millionrounds.com/company/talent-innovation-canada) TICAN helps Canada's most ambitious companies develop new innovations by integrating top-tier graduate talent. Canada $21M
- [**Anyon Systems**](https://millionrounds.com/company/anyon-systems) Anyon System Inc. Canada $17M
- [**EXO Insights**](https://millionrounds.com/company/exo-insights) EXO Insights is a developer of biometrics system Canada $879K

### Advanced Manufacturing

3 startups · $173M raised

- [**Aspect Biosystems**](https://millionrounds.com/company/aspect-biosystems) Biotech company developing bioprinted tissue therapeutics to transform how we treat disease. Canada $172M
- [**Gryd**](https://millionrounds.com/company/gryd) PropTech, SaaS, Real-Estate Canada $896K
- [**Visao**](https://millionrounds.com/company/visao) Visao revolutionizes manufacturer communication with 3D tech. Canada $8K

### Community

3 startups · $2.7M raised

- [**Quantum Industry Canada**](https://millionrounds.com/company/quantum-industry-canada) Quantum Industry Canada ensure that quantum innovation and talent is translated into Canadian business success and economic prosperity. Canada $1.4M
- [**Camping Aventure Megantic**](https://millionrounds.com/company/camping-aventure-megantic) Camping Aventure Megantic provides tourist clientele with a multi-purpose vacation resort in a vast quality environment. Canada $877K
- [**Kaleo Collective**](https://millionrounds.com/company/kaleo-collective) Kaleo Collective is a safe, loving group for single mothers. Canada $394K

**How this map is made.** Every startup here has raised money in a round we track that names Government of Canada as an investor, the first in 2017. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Government fund · Canada **Export Development Canada** 65 startups · 12 sectors · $9.9B](https://millionrounds.com/portfolio-maps/export-development-canada-portfolio-map)[Government fund · Canada **Natural Resources Canada** 37 startups · 5 sectors · $187M](https://millionrounds.com/portfolio-maps/natural-resources-portfolio-map)[Government fund · Canada **Desjardins Venture Capital** 26 startups · 6 sectors · $1.7B](https://millionrounds.com/portfolio-maps/desjardins-venture-capital-portfolio-map)[Accelerator · Canada **Creative Destruction Lab** 216 startups · 12 sectors · $3.5B](https://millionrounds.com/portfolio-maps/creative-destruction-lab-portfolio-map)[VC firm · Canada **BDC Capital** 192 startups · 12 sectors · $7.8B](https://millionrounds.com/portfolio-maps/bdc-venture-capital-portfolio-map)[VC firm · Canada **Village Global** 155 startups · 12 sectors · $10B](https://millionrounds.com/portfolio-maps/village-global-portfolio-map)

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