# NEXT Canada Portfolio Map 2026: 21 Startups by Sector

> NEXT Canada's portfolio mapped: 21 startups it has backed, in 4 sectors from AI, Fintech and Biotech on. $46M raised between them; logos, funding and rounds.

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

## AI

11

- [Proto](https://millionrounds.com/company/proto)
- [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)
- [*DB* Deep Biologics](https://millionrounds.com/company/deep-biologics)
- [Shaddari Therapeutics](https://millionrounds.com/company/shaddari-therapeutics)
- [Arkangel AI](https://millionrounds.com/company/arkangel-ai)

## Fintech

4

- [RYSE](https://millionrounds.com/company/ryse)
- [*M* Manzil](https://millionrounds.com/company/manzil)
- [Doorr](https://millionrounds.com/company/doorr)
- [Homewise](https://millionrounds.com/company/homewise)

## Biotech

3

- [Chinova Bioworks](https://millionrounds.com/company/chinova-bioworks)
- [EcoPackers](https://millionrounds.com/company/ecopackers)
- [Sensoreal](https://millionrounds.com/company/sensoreal)

## Healthtech

3

- [Enhanced Medical Nutrition](https://millionrounds.com/company/enhanced-medical-nutrition)
- [Marion Surgical](https://millionrounds.com/company/marion-surgical)
- [Staffy](https://millionrounds.com/company/staffy)

## Segment by segment

### AI

11 startups · $17M raised

- [**Proto**](https://millionrounds.com/company/proto) proto engages in web design and smartphone application development services. Canada $4.3M
- [**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

### Fintech

4 startups · $13M raised

- [**RYSE**](https://millionrounds.com/company/ryse) Getting to the future firstReimagining Healthcare to transform lives APPROACHOur aim is to be globally admired for reimagining hea United States $7.9M
- [*M* **Manzil**](https://millionrounds.com/company/manzil) Manzil offers to balance customers financial needs with their spiritual beliefs. Canada $1.9M
- [**Doorr**](https://millionrounds.com/company/doorr) Reinventing the home-buying experience. - $1.8M
- [**Homewise**](https://millionrounds.com/company/homewise) Homewise is a full-service non-profit promoting homeownership through financial education. Canada $1.3M

### Biotech

3 startups · $10M raised

- [**Chinova Bioworks**](https://millionrounds.com/company/chinova-bioworks) Chinova Bioworks uses a natural and effective antimicrobial chitosan polymer with broad spectrum protection. Canada $8.0M
- [**EcoPackers**](https://millionrounds.com/company/ecopackers) EcoPackers is transforms agricultural by-products into cost effective alternatives to plastic inputs. Canada $2.0M
- [**Sensoreal**](https://millionrounds.com/company/sensoreal) Sensoreal is a diagnostic device and service provider company. Canada $231K

### Healthtech

3 startups · $5.3M raised

- [**Enhanced Medical Nutrition**](https://millionrounds.com/company/enhanced-medical-nutrition) Enhanced Medical Nutrition (EMN) is a Toronto-based life sciences company founded in 2016. Canada $5.0M
- [**Marion Surgical**](https://millionrounds.com/company/marion-surgical) Marion Surgical is a healthcare technology company founded in 2016. Canada $250K
- [**Staffy**](https://millionrounds.com/company/staffy) Staffy is a recruitment agency that offers a platform to connect job seekers and employers by creating job ads and employment opportunities. Azerbaijan $100K

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

[Accelerator · Canada **Creative Destruction Lab** 216 startups · 12 sectors · $3.5B](https://millionrounds.com/portfolio-maps/creative-destruction-lab-portfolio-map)[Accelerator · Canada **DMZ** 20 startups · 6 sectors · $39M](https://millionrounds.com/portfolio-maps/dmz-ventures-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)

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