# National Bank of Canada Portfolio Map 2026: 42 Startups by Sector

> National Bank of Canada's portfolio mapped: 42 startups it has backed, in 7 sectors from Fintech, Energy and AI on.

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

## Fintech

12

- [Versamet Royalties](https://millionrounds.com/company/versamet-royalties)
- [Flexiti](https://millionrounds.com/company/flexiti)
- [Gold Royalty Corp](https://millionrounds.com/company/gold-royalty-corp)
- [*M* MX](https://millionrounds.com/company/mx)
- [Nova Credit](https://millionrounds.com/company/nova-credit)
- [Sardine](https://millionrounds.com/company/sardine)
- [*S* Sensibil](https://millionrounds.com/company/sensibil)
- [*M* Mylo](https://millionrounds.com/company/mylo)
- [Synctera](https://millionrounds.com/company/synctera)
- [d1g1t](https://millionrounds.com/company/d1g1t)
- [Breathe Life](https://millionrounds.com/company/breathe-life)
- [Tetra Trust](https://millionrounds.com/company/tetra-trust)

## Energy

9

- [Cypress Creek Renewables](https://millionrounds.com/company/cypress-creek-renewables)
- [Aypa Power](https://millionrounds.com/company/aypa-power)
- [*DE* Dimension Energy](https://millionrounds.com/company/dimension-energy)
- [Cordelio Power](https://millionrounds.com/company/cordelio-power)
- [BlueWave](https://millionrounds.com/company/bluewave)
- [Lucero Energy](https://millionrounds.com/company/lucero-energy)
- [Hecate Grid](https://millionrounds.com/company/hecate-grid)
- [Mangrove Lithium](https://millionrounds.com/company/mangrove-lithium)
- [Logan Energy](https://millionrounds.com/company/logan-energy)

## AI

6

- [Multiverse Computing](https://millionrounds.com/company/multiverse-computing)
- [Element AI](https://millionrounds.com/company/element-ai)
- [Vosker](https://millionrounds.com/company/vosker)
- [*S* Spade](https://millionrounds.com/company/spade)
- [Blee](https://millionrounds.com/company/blee)
- [Bioeureka](https://millionrounds.com/company/bioeureka)

## Healthtech

4

- [Dialogue](https://millionrounds.com/company/dialogue)
- [NeuPath Health](https://millionrounds.com/company/neupath-health)
- [NeuroServo](https://millionrounds.com/company/neuroservo)
- [Ora Medical](https://millionrounds.com/company/ora-medical)

## Oil & Gas

4

- [Artemis Gold](https://millionrounds.com/company/artemis-gold)
- [Andean Precious Metals](https://millionrounds.com/company/andean-precious-metals)
- [i3 ENERGY](https://millionrounds.com/company/i3-energy)
- [Horizon Copper](https://millionrounds.com/company/horizon-copper)

## Cleantech

4

- [Solar Landscape](https://millionrounds.com/company/solar-landscape)
- [Arevon](https://millionrounds.com/company/arevon)
- [Estuary Power](https://millionrounds.com/company/estuary-power)
- [Deep Sky](https://millionrounds.com/company/deep-sky)

## Big Data & Analytics

3

- [Flinks](https://millionrounds.com/company/flinks)
- [*MA* MindBridge Analytics](https://millionrounds.com/company/mindbridge-analytics)
- [Falco Resources](https://millionrounds.com/company/falco-resources)

## Segment by segment

### Fintech

12 startups · $1.4B raised

- [**Versamet Royalties**](https://millionrounds.com/company/versamet-royalties) Versamet Royalties is a gold-copper royalty and streaming company that provides investment for sustainable mining of resources. Canada $440M
- [**Flexiti**](https://millionrounds.com/company/flexiti) Flexiti is a Canadian fintech company. Canada $414M
- [**Gold Royalty Corp**](https://millionrounds.com/company/gold-royalty-corp) Gold Royalty Corp is a precious metals-focused royalty and streaming company offering creative financing solutions to the metals industry. Canada $125M
- [*M* **MX**](https://millionrounds.com/company/mx) United States $106M
- [**Nova Credit**](https://millionrounds.com/company/nova-credit) Nova Credit is a fintech and credit infrastructure company founded in 2016, focused on creating a more inclusive global financial system. United States $96M
- [**Sardine**](https://millionrounds.com/company/sardine) SardineAI Corp is an AI-native technology company based in San Francisco, specializing in fraud prevention, anti-money laundering United States $95M
- [*S* **Sensibil**](https://millionrounds.com/company/sensibil) Canada $58M
- [*M* **Mylo**](https://millionrounds.com/company/mylo) Canada $40M

### Energy

9 startups · $8.2B raised

- [**Cypress Creek Renewables**](https://millionrounds.com/company/cypress-creek-renewables) Cypress Creek Renewables is a national provider of local solar. United States $3.5B
- [**Aypa Power**](https://millionrounds.com/company/aypa-power) Aypa Power builds, owns, and manages large-scale renewable energy projects to enhance grid stability and reduce dependency on fossil fuels. Canada $2.0B
- [*DE* **Dimension Energy**](https://millionrounds.com/company/dimension-energy) United States $1.5B
- [**Cordelio Power**](https://millionrounds.com/company/cordelio-power) Cordelio Power is a power producer that is involved in the development, ownership and management of an array of renewable power facilities. Canada $548M
- [**BlueWave**](https://millionrounds.com/company/bluewave) BlueWave's vision is to protect our planet by transforming access to renewable energy. United States $247M
- [**Lucero Energy**](https://millionrounds.com/company/lucero-energy) Lucero Energy is an oil company that focuses on the acquisition, development, and production of oil-weighted assets. Canada $180M
- [**Hecate Grid**](https://millionrounds.com/company/hecate-grid) Hecate Grid is an independent power producer (IPP) that develops, owns, and operates standalone storage projects. United States $125M
- [**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

### AI

6 startups · $1.3B raised

- [**Multiverse Computing**](https://millionrounds.com/company/multiverse-computing) Multiverse Computing is a leading quantum AI software company based in San Sebastián, Spain, with additional offices in Canada, th Spain $785M
- [**Element AI**](https://millionrounds.com/company/element-ai) Canada $253M
- [**Vosker**](https://millionrounds.com/company/vosker) Vosker provides remote area monitoring technology using solar power and artificial intelligence for cutting-edge surveillance solutions. Canada $200M
- [*S* **Spade**](https://millionrounds.com/company/spade) United States $50M
- [**Blee**](https://millionrounds.com/company/blee) Blee is an AI-powered compliance review platform founded in 2022 and based in New York, New York. United States $21M
- [**Bioeureka**](https://millionrounds.com/company/bioeureka) BioeurekaTM is a Canadian biotechnology startup based in Montreal, founded in March 2022 by biochemist Mohamed M. Canada $1.1M

### Healthtech

4 startups · $96M raised

- [**Dialogue**](https://millionrounds.com/company/dialogue) Dialogue is a healthcare company that provides virtual care treatment and telemedicine for chronic diseases. Canada $84M
- [**NeuPath Health**](https://millionrounds.com/company/neupath-health) NeuPath Health treats myofascial pain, neuropathic pain, diabetic neuropathic pain, and chronic headaches. Canada $9.4M
- [**NeuroServo**](https://millionrounds.com/company/neuroservo) NeuroServo Inc. Canada $1.7M
- [**Ora Medical**](https://millionrounds.com/company/ora-medical) Ora Medical is a Montreal-based medtech startup founded in July 2020 by Sarah Lambert and Louis St-Pierre. Canada $300K

### Oil & Gas

4 startups · $489M raised

- [**Artemis Gold**](https://millionrounds.com/company/artemis-gold) Artemis Gold is an adequately capitalized, growth-oriented gold development company that create identity value for shareholders. Canada $328M
- [**Andean Precious Metals**](https://millionrounds.com/company/andean-precious-metals) Andean Precious Metals focused precious metals producer that owns and operates the San Bartolomé project. Canada $69M
- [**i3 ENERGY**](https://millionrounds.com/company/i3-energy) i3 Energy develops and produces oil and gas assets in diverse locations. United Kingdom $55M
- [**Horizon Copper**](https://millionrounds.com/company/horizon-copper) Horizon Copper is a unique copper investment opportunity with minority ownership interests in high-grade and low-cost copper projects. Canada $37M

### Cleantech

4 startups · $1.8B raised

- [**Solar Landscape**](https://millionrounds.com/company/solar-landscape) Solar Landscape is an installer and operator of solar energy systems. United States $900M
- [**Arevon**](https://millionrounds.com/company/arevon) Arevon Energy is a renewable energy company that focuses on developing, acquiring, and managing large-scale renewable energy projects. United States $482M
- [**Estuary Power**](https://millionrounds.com/company/estuary-power) Estuary Power develops, sponsors, and finances energy projects. United States $340M
- [**Deep Sky**](https://millionrounds.com/company/deep-sky) Deep Sky is a developer of a CO2 removal infrastructure designed to reduce the carbon footprint. Canada $40M

### Big Data & Analytics

3 startups · $94M raised

- [**Flinks**](https://millionrounds.com/company/flinks) Flinks is the financial data layer powering the internet. Canada $79M
- [*MA* **MindBridge Analytics**](https://millionrounds.com/company/mindbridge-analytics) Canada $8.4M
- [**Falco Resources**](https://millionrounds.com/company/falco-resources) Falco Resources is a junior resource exploration company focusing on acquiring and exploring mineral properties. Canada $6.5M

**How this map is made.** Every startup here has raised money in a round we track that names National Bank 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)

[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)[VC firm · Canada **Inovia Capital** 129 startups · 12 sectors · $14B](https://millionrounds.com/portfolio-maps/inovia-capital-portfolio-map)[VC firm · Canada **Reach** 108 startups · 10 sectors · $2.5B](https://millionrounds.com/portfolio-maps/reach-portfolio-map)[VC firm · Canada **Clocktower Ventures** 74 startups · 6 sectors · $2.5B](https://millionrounds.com/portfolio-maps/clocktower-ventures-portfolio-map)

## Raising from investors like National Bank of Canada?

Find the investors who back startups like yours, with their cheques, rounds and partners, in the app with filters, lists and exports.

[Find investors](https://millionrounds.com/login?join=1&next=/app/investors)[Market maps](https://millionrounds.com/market-maps)
