# Innovacorp's Investments in Canada: 33 Startups by Sector (2026)

> The 33 startups in Canada that Innovacorp has backed, by sector: Biotech, Cleantech and Healthtech and more. $268M raised. Updated nightly.

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

## Biotech

7

- [ABK Biomedical](https://millionrounds.com/company/abk-biomedical)
- [3D BioFibR](https://millionrounds.com/company/3d-biofibr)
- [Proteoform Scientific](https://millionrounds.com/company/proteoform-scientific)
- [Appili Therapeutics](https://millionrounds.com/company/appili-therapeutics)
- [AGADA Biosciences](https://millionrounds.com/company/agada-biosciences)
- [Freshr Technologies](https://millionrounds.com/company/freshr-technologies)
- [Sona Nanotech Ltd.](https://millionrounds.com/company/sona-nanotech-ltd)

## Cleantech

4

- [CarbonCure Technologies](https://millionrounds.com/company/carboncure-technologies)
- [Voltai](https://millionrounds.com/company/voltai)
- [Oneka Technologies](https://millionrounds.com/company/oneka-technologies)
- [Island Water Technologies](https://millionrounds.com/company/island-water-technologies)

## Healthtech

3

- [The Rounds](https://millionrounds.com/company/the-rounds)
- [DeNovaMed](https://millionrounds.com/company/denovamed)
- [Nxtgen Care](https://millionrounds.com/company/nxtgen-care)

## Big Data & Analytics

3

- [Ashored](https://millionrounds.com/company/ashored)
- [RIDDL](https://millionrounds.com/company/riddl)
- [Scient Analytics](https://millionrounds.com/company/scient-analytics)

## IT Services

2

- [Global Spatial Technology Solutions (GSTS)](https://millionrounds.com/company/global-spatial-technology-solutions-gsts)
- [BlueGrid](https://millionrounds.com/company/bluegrid)

## Internet

2

- [Proposify](https://millionrounds.com/company/proposify)
- [Cribcut](https://millionrounds.com/company/cribcut)

## Software

2

- [LeadSift](https://millionrounds.com/company/leadsift)
- [Trelent](https://millionrounds.com/company/trelent)

## Manufacturing

2

- [Reno Sub Systems](https://millionrounds.com/company/reno-sub-systems)
- [DeCell Technologies](https://millionrounds.com/company/decell-technologies)

## Medical Devices

2

- [Daxsonics Ultrasound](https://millionrounds.com/company/daxsonics-ultrasound)
- [Densitas](https://millionrounds.com/company/densitas)

## Aerospace & Space

2

- [*GS* Galaxia Space Systems](https://millionrounds.com/company/galaxia-space-systems)
- [Galaxia](https://millionrounds.com/company/galaxia)

## AI

2

- [QRA](https://millionrounds.com/company/qra)
- [NovaResp Technologies](https://millionrounds.com/company/novaresp-technologies)

## Cybersecurity

2

- [*S* Securicy](https://millionrounds.com/company/securicy)
- [Equals6](https://millionrounds.com/company/equals6)

## Segment by segment

### Biotech

7 startups · $70M raised

- [**ABK Biomedical**](https://millionrounds.com/company/abk-biomedical) ABK Biomedical combines the clinical market with biomaterials with a focus on treating hypervascular tumors. Canada $65M
- [**3D BioFibR**](https://millionrounds.com/company/3d-biofibr) 3D BioFibR is an advanced bio fiber materials company. Canada $3.1M
- [**Proteoform Scientific**](https://millionrounds.com/company/proteoform-scientific) Allumiqs Corporation, formerly known as Proteoform Scientific, is a company based in Halifax, Nova Scotia, specializing in multiom Canada $595K
- [**Appili Therapeutics**](https://millionrounds.com/company/appili-therapeutics) Appili Therapeutics is an anti-infective pharmaceutical development company. Canada $532K
- [**AGADA Biosciences**](https://millionrounds.com/company/agada-biosciences) AGADA Biosciences provides orphan drug development services and drug testing for neuromuscular disorders. Canada $422K
- [**Freshr Technologies**](https://millionrounds.com/company/freshr-technologies) Freshr Technologies develops active packaging solutions to prolong the shelf life of fresh fish. Canada $169K
- [**Sona Nanotech Ltd.**](https://millionrounds.com/company/sona-nanotech-ltd) Sona Nanotech Ltd. Canada $40K

### Cleantech

4 startups · $111M raised

- [**CarbonCure Technologies**](https://millionrounds.com/company/carboncure-technologies) CarbonCure Technologies Inc. Canada $88M
- [**Voltai**](https://millionrounds.com/company/voltai) Voltai is a cleantech company based in Nova Scotia, Canada, specializing in motion-powered generators that convert wave and vibrat Canada $13M
- [**Oneka Technologies**](https://millionrounds.com/company/oneka-technologies) Wave-Powered Sustainable Desalination Solutions for Coastal Communities and Industries facing Water Scarcity Canada $9.3M
- [**Island Water Technologies**](https://millionrounds.com/company/island-water-technologies) IWT develops and markets solar-powered wastewater treatment systems for domestic and industrial applications. Canada $500K

### Healthtech

3 startups · $31M raised

- [**The Rounds**](https://millionrounds.com/company/the-rounds) The Rounds is a healthcare IT and a secure network that modernizes how healthcare professionals collaborate. Canada $31M
- [**DeNovaMed**](https://millionrounds.com/company/denovamed) DeNovaMed we specializes in developing groundbreaking antibiotics to combat the toughest bacterial infections and diabetic foot ulcers. Canada $501K
- [**Nxtgen Care**](https://millionrounds.com/company/nxtgen-care) Nxtgen Care is a smart business intelligence platform. Canada $374K

### Big Data & Analytics

3 startups · $2.8M raised

- [**Ashored**](https://millionrounds.com/company/ashored) Technology for Profitable & Sustainable Ocean Harvests Canada $1.4M
- [**RIDDL**](https://millionrounds.com/company/riddl) RIDDL is a software company that offers a platform designed to collect, track, and manage team impact initiatives. Canada $1.3M
- [**Scient Analytics**](https://millionrounds.com/company/scient-analytics) Scient Analytics provides simplified data analytics tools that standardise the collection and processing of visual data. Canada $149K

### IT Services

2 startups · $9.4M raised

- [**Global Spatial Technology Solutions (GSTS)**](https://millionrounds.com/company/global-spatial-technology-solutions-gsts) Global Spatial Technology Solutions offers decision-support solutions through the use of artificial intelligence and big data analytics. Canada $8.2M
- [**BlueGrid**](https://millionrounds.com/company/bluegrid) BlueGrid is a clean technology and data intelligence company based in Nova Scotia, specializing in maritime electrification. Canada $1.2M

### Internet

2 startups · $5.7M raised

- [**Proposify**](https://millionrounds.com/company/proposify) Proposify Inc. Canada $4.6M
- [**Cribcut**](https://millionrounds.com/company/cribcut) Cribcut is a SaaS-based platform that enables stylists to provide hairdressing services. Canada $1.1M

### Software

2 startups · $2.4M raised

- [**LeadSift**](https://millionrounds.com/company/leadsift) LeadSift mines publicly available information to identify signal of intent for B2B sales and marketers. Canada $1.5M
- [**Trelent**](https://millionrounds.com/company/trelent) Trelent is empowering the next billion software developers by using natural language. Canada $900K

### Manufacturing

2 startups · $22M raised

- [**Reno Sub Systems**](https://millionrounds.com/company/reno-sub-systems) Reno Sub-Systems Inc. Canada $22M
- [**DeCell Technologies**](https://millionrounds.com/company/decell-technologies) DeCell Technologies Inc. Canada $534K

### Medical Devices

2 startups · $976K raised

- [**Daxsonics Ultrasound**](https://millionrounds.com/company/daxsonics-ultrasound) Daxsonics Ultrasound is a medical imaging software design and development company Canada $726K
- [**Densitas**](https://millionrounds.com/company/densitas) Our vision is to move the needle in breast cancer screening through precision breast health technologies. Canada $250K

### Aerospace & Space

2 startups · $3.5M raised

- [*GS* **Galaxia Space Systems**](https://millionrounds.com/company/galaxia-space-systems) Canada $3.3M
- [**Galaxia**](https://millionrounds.com/company/galaxia) Galaxia is a space system company that manufactures cloud and AI-based computing systems for satellites. Canada $160K

### AI

2 startups · $6.3M raised

- [**QRA**](https://millionrounds.com/company/qra) Qra is an online grocery store that offers fruits, vegetables, butchery, seafood, and diary products. Canada $3.3M
- [**NovaResp Technologies**](https://millionrounds.com/company/novaresp-technologies) NovaResp Technologies provides AI-based medical devices for a respiratory disorder. Canada $3.0M

### Cybersecurity

2 startups · $2.0M raised

- [*S* **Securicy**](https://millionrounds.com/company/securicy) Canada $1.8M
- [**Equals6**](https://millionrounds.com/company/equals6) Equals6 is an online academic and career development networking community for students to connect and share resources. Canada $250K

**How this map is made.** Every startup here has raised money in a round we track that names Innovacorp as an investor and is based in Canada. Each sits under its main sector, read from its rounds, and each shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

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

[Portfolio map **Innovacorp portfolio map** 24 startups · $236M](https://millionrounds.com/portfolio-maps/innovacorp-portfolio-map)[Co-investors **Who invests with Innovacorp** 15 co-investors](https://millionrounds.com/portfolio-maps/innovacorp-co-investors)[Investments abroad **Credo Ventures' investments in the United States** 16 startups · $420M](https://millionrounds.com/portfolio-maps/credo-ventures-investments-united-states)[Investments abroad **Index Ventures' investments in the United States** 217 startups · $50B](https://millionrounds.com/portfolio-maps/index-ventures-investments-united-states)[Investments abroad **Bossa Invest's investments in the United States** 161 startups · $6.5B](https://millionrounds.com/portfolio-maps/bossa-invest-investments-united-states)[Investments abroad **Village Global's investments in the United States** 127 startups · $6.5B](https://millionrounds.com/portfolio-maps/village-global-investments-united-states)

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