# NEXT Canada's AI Investments: 10 Startups in Its Portfolio (2026) > The 10 AI startups NEXT Canada has backed, by stage: $13M raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/next-ai-ai-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Pre-seed and seed 8 - [Lucid](https://millionrounds.com/company/lucid) - [CryptoNumerics](https://millionrounds.com/company/cryptonumerics) - [Babbly](https://millionrounds.com/company/babbly) - [Civalgo](https://millionrounds.com/company/civalgo) - [*S* Senso.ai](https://millionrounds.com/company/senso-ai) - [Kelsen Legal Technologies Inc.](https://millionrounds.com/company/kelsen-legal-technologies-inc) - [Erode AI](https://millionrounds.com/company/erode-ai) - [Arkangel AI](https://millionrounds.com/company/arkangel-ai) ## Stage not reported 2 - [*DB* Deep Biologics](https://millionrounds.com/company/deep-biologics) - [Shaddari Therapeutics](https://millionrounds.com/company/shaddari-therapeutics) ## Segment by segment ### Pre-seed and seed 8 startups · $12M raised - [**Lucid**](https://millionrounds.com/company/lucid) AI platform extracting insights out of images and videos to serve the best content to convert users United States $3.0M - [**CryptoNumerics**](https://millionrounds.com/company/cryptonumerics) Use data to gain insights while protecting people’s privacy Canada $2.5M - [**Babbly**](https://millionrounds.com/company/babbly) Babbly is an AI-powered platform and mobile app focused on tracking and supporting infants' speech and language development from b Canada $2.5M - [**Civalgo**](https://millionrounds.com/company/civalgo) Civalgo is a Montreal-based construction technology company founded in 2017 by Alexandre Champoux, Gabriel Croteau, and Samuel Croteau. Canada $1.6M - [*S* **Senso.ai**](https://millionrounds.com/company/senso-ai) Canada $1.6M - [**Kelsen Legal Technologies Inc.**](https://millionrounds.com/company/kelsen-legal-technologies-inc) Kelsen is developing Kelsen Draft to help legal professional to save time developing complex texts with power of AI. Canada $725K - [**Erode AI**](https://millionrounds.com/company/erode-ai) Erode AI is a Canadian ClimateTech company based in Charlottetown, founded in 2021. Canada $325K - [**Arkangel AI**](https://millionrounds.com/company/arkangel-ai) Arkangel AI is a Canadian-founded AI-as-a-service platform established in 2019, with corporate offices in Montreal, Canada, and Bo Canada $75K ### Stage not reported 2 startups · $569K raised - [*DB* **Deep Biologics**](https://millionrounds.com/company/deep-biologics) Deep Biologics specializes in AI enhanced discovery of biologics to fast track therapeutic and diagnostic product development. Canada $300K - [**Shaddari Therapeutics**](https://millionrounds.com/company/shaddari-therapeutics) Shaddari leverages data with their artificial intelligence based APIs to build decision support tools in healthcare. Canada $269K **How this map is made.** Every startup here works in AI and has raised money in a round we track that names NEXT Canada as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Portfolio map **NEXT Canada portfolio map** 21 startups · $46M](https://millionrounds.com/portfolio-maps/next-ai-portfolio-map)[Co-investors **Who invests with NEXT Canada** 17 co-investors](https://millionrounds.com/portfolio-maps/next-ai-co-investors)[Sector portfolio **Creative Destruction Lab's AI portfolio** 66 startups · $1.8B](https://millionrounds.com/portfolio-maps/creative-destruction-lab-ai-portfolio)[Sector portfolio **Creative Destruction Lab's Biotech portfolio** 30 startups · $315M](https://millionrounds.com/portfolio-maps/creative-destruction-lab-biotech-portfolio)[Sector portfolio **Creative Destruction Lab's Big Data & Analytics portfolio** 20 startups · $117M](https://millionrounds.com/portfolio-maps/creative-destruction-lab-big-data-analytics-portfolio)[Sector portfolio **Creative Destruction Lab's Healthtech portfolio** 19 startups · $49M](https://millionrounds.com/portfolio-maps/creative-destruction-lab-healthtech-portfolio) ## Raising from investors like NEXT 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)