# National Research Council of Canada Industrial Research Assistance Program Portfolio Map 2026: 31 Startups by Sector > National Research Council of Canada Industrial Research Assistance Program's portfolio mapped: 31 startups it has backed, in 6 sectors from Biotech, AI and... Source: https://millionrounds.com/portfolio-maps/national-research-council-of-canada-industrial-research-assi-portfolio-map (Millionrounds; every figure on the page links to its filing or article) ## Biotech 9 - [DeNova](https://millionrounds.com/company/denova) - [MYND Life Sciences](https://millionrounds.com/company/mynd-life-sciences) - [48Hour Discovery](https://millionrounds.com/company/48hour-discovery) - [Renaissance BioScience](https://millionrounds.com/company/renaissance-bioscience) - [Appili Therapeutics](https://millionrounds.com/company/appili-therapeutics) - [Marvel Biosciences](https://millionrounds.com/company/marvel-biosciences) - [Sensoreal](https://millionrounds.com/company/sensoreal) - [Microbiome Insights Inc.](https://millionrounds.com/company/microbiome-insights-inc) - [Sona Nanotech Ltd.](https://millionrounds.com/company/sona-nanotech-ltd) ## AI 7 - [Levr.ai](https://millionrounds.com/company/levr-ai) - [Ideon Technologies](https://millionrounds.com/company/ideon-technologies) - [Solid State of Mind](https://millionrounds.com/company/solid-state-of-mind) - [Acuspire](https://millionrounds.com/company/acuspire) - [EhEye](https://millionrounds.com/company/eheye) - [WeTraq](https://millionrounds.com/company/wetraq) - [Redwood AI](https://millionrounds.com/company/redwood-ai) ## Healthtech 5 - [Clinia](https://millionrounds.com/company/clinia) - [VoxNeuro](https://millionrounds.com/company/voxneuro) - [MindfulGarden Digital Health](https://millionrounds.com/company/mindfulgarden-digital-health) - [Metabolic Insights](https://millionrounds.com/company/metabolic-insights) - [Possibility Neurotechnologies](https://millionrounds.com/company/possibility-neurotechnologies) ## Fintech 4 - [Hardbacon](https://millionrounds.com/company/hardbacon) - [Union.Dev](https://millionrounds.com/company/union-dev) - [Resiliocs Intelligence](https://millionrounds.com/company/resiliocs-intelligence) - [Adatra](https://millionrounds.com/company/adatra) ## Cleantech 3 - [Axine Water Technologies](https://millionrounds.com/company/axine-water-technologies) - [Zinc8 Energy Solutions](https://millionrounds.com/company/zinc8-energy-solutions) - [Bayes Studio](https://millionrounds.com/company/bayes-studio) ## Pharma 3 - [Arch Biopartners](https://millionrounds.com/company/arch-biopartners) - [ME Therapeutics](https://millionrounds.com/company/me-therapeutics) - [Derm-Biome Pharmaceuticals, Inc](https://millionrounds.com/company/derm-biome-pharmaceuticals-inc) ## Segment by segment ### Biotech 9 startups · $11M raised - [**DeNova**](https://millionrounds.com/company/denova) DeNova develops its technology, which converts greenhouse gases into a protein that can be used as feed in farms and aquaculture. Canada $7.0M - [**MYND Life Sciences**](https://millionrounds.com/company/mynd-life-sciences) MYND Life Sciences is a life sciences company focused on novel psychedelic drug development and pharmaceuticals. Canada $1.6M - [**48Hour Discovery**](https://millionrounds.com/company/48hour-discovery) 48Hour Discovery is involved in peptide-based drug discovery services. Canada $837K - [**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 - [**Appili Therapeutics**](https://millionrounds.com/company/appili-therapeutics) Appili Therapeutics is an anti-infective pharmaceutical development company. Canada $532K - [**Marvel Biosciences**](https://millionrounds.com/company/marvel-biosciences) Marvel Biosciences is a life sciences company. Canada $361K - [**Sensoreal**](https://millionrounds.com/company/sensoreal) Sensoreal is a diagnostic device and service provider company. Canada $231K - [**Microbiome Insights Inc.**](https://millionrounds.com/company/microbiome-insights-inc) Microbiome Insights is a global leader providing end-to-end services for microbiome DNA sequencing and state-of-the-art bioinformatics. - $190K ### AI 7 startups · $5.9M raised - [**Levr.ai**](https://millionrounds.com/company/levr-ai) Levr.ai is a fintech startup based in Vancouver, Canada, with operations in San Francisco, California. Canada $2.0M - [**Ideon Technologies**](https://millionrounds.com/company/ideon-technologies) Ideon Technologies is a world pioneer in the application of cosmic-ray muon tomography. Canada $1.7M - [**Solid State of Mind**](https://millionrounds.com/company/solid-state-of-mind) Solid State of Mind is a Montreal-based artificial intelligence startup founded in 2020. Canada $1.2M - [**Acuspire**](https://millionrounds.com/company/acuspire) Acuspire is a Calgary-based employment services software company founded in 2016. Canada $414K - [**EhEye**](https://millionrounds.com/company/eheye) EhEye understands the importance of effective security. - $200K - [**WeTraq**](https://millionrounds.com/company/wetraq) WeTraQ is a Toronto-based company specializing in IoT and AI solutions aimed at enhancing safety and mobility intelligence. Canada $182K - [**Redwood AI**](https://millionrounds.com/company/redwood-ai) Redwood AI is a startup reinventing drug synthesis using advanced AI to accelerate pharmaceutical discovery and development. Canada $176K ### Healthtech 5 startups · $12M raised - [**Clinia**](https://millionrounds.com/company/clinia) Health-grade search engine Canada $7.8M - [**VoxNeuro**](https://millionrounds.com/company/voxneuro) VoxNeuro is a healthcare technology service provider based in Toronto, Ontario. Canada $3.4M - [**MindfulGarden Digital Health**](https://millionrounds.com/company/mindfulgarden-digital-health) MindfulGarden is the first clinically validated affective biofeedback platform for managing the agitated behaviours associated wit Canada $455K - [**Metabolic Insights**](https://millionrounds.com/company/metabolic-insights) Metabolic Insights Inc is a Canadian company that has developed a platform electrochemical technology. Canada $300K - [**Possibility Neurotechnologies**](https://millionrounds.com/company/possibility-neurotechnologies) Possibility Neurotechnologies is a Calgary-based company founded in 2022 that focuses on developing accessible brain-controlled technology. Canada $22K ### Fintech 4 startups · $1.0M raised - [**Hardbacon**](https://millionrounds.com/company/hardbacon) Hardbacon is a Canadian fintech company that provided a comprehensive personal finance platform. Canada $643K - [**Union.Dev**](https://millionrounds.com/company/union-dev) Union.Dev operates as a pension automation startup. Canada $310K - [**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 - [**Adatra**](https://millionrounds.com/company/adatra) Adatra is an application that provides commission-free trading with short-term insights into the market's movement and news sentiments. Canada $43K ### Cleantech 3 startups · $22M raised - [**Axine Water Technologies**](https://millionrounds.com/company/axine-water-technologies) Axine Water Technologies is a leader in electrochemical oxidation technology for industrial wastewater treatment, focusing on the Canada $21M - [**Zinc8 Energy Solutions**](https://millionrounds.com/company/zinc8-energy-solutions) Zinc8 offers energy storage solution to utilities, commercial and industrial sectors, micro-grids, and renewable energy developers. Canada $500K - [**Bayes Studio**](https://millionrounds.com/company/bayes-studio) Bayes Studio is a technology company that provides AI-powered environmental monitoring and wildfire detection and management solutions. Canada $130K ### Pharma 3 startups · $2.1M raised - [**Arch Biopartners**](https://millionrounds.com/company/arch-biopartners) Arch Biopartners acquires and develops products and technology for sale to pharmaceutical and industrial companies. Canada $1.3M - [**ME Therapeutics**](https://millionrounds.com/company/me-therapeutics) ME Therapeutics is a biotechnology company that focuses on discovery & development of myeloid cell targeted immuno oncology drugs. Canada $462K - [**Derm-Biome Pharmaceuticals, Inc**](https://millionrounds.com/company/derm-biome-pharmaceuticals-inc) Derm-Biome Pharmaceuticals, Inc is a preclinical biopharmaceutical company based in Vancouver, British Columbia, Canada. Canada $328K **How this map is made.** Every startup here has raised money in a round we track that names National Research Council of Canada Industrial Research Assistance Program as an investor, the first in 2018. 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) [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)[VC firm · Canada **Radical Ventures** 68 startups · 6 sectors · $22B](https://millionrounds.com/portfolio-maps/radical-ventures-portfolio-map) ## Raising from investors like National Research Council of Canada Industrial Research Assistance Program? 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