# Top 50 AI Startups in Canada by Funding Raised in 2026

> The 50 AI startups in Canada that raised in 2026 that raised the most in 2026, ranked by money raised this year: $13B combined.

Source: https://millionrounds.com/top-lists/ai-startups-canada-raised-2026 (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Cohere** Cohere is a Canadian multinational artificial intelligence company founded in 2019, specializing in foundational large language models (LLMs) and enterprise AI](https://millionrounds.com/company/cohere) Cohere is a Canadian multinational artificial intelligence company founded in 2019, specializing in foundational large language models (LLMs) and enterprise AI *Founded* 2019 Toronto, Canada **$5.1B** last round Oct 2026
- 2 [**Hut 8 Corp.** Hut 8 Corp.](https://millionrounds.com/company/hut-8-corp) Hut 8 Corp. *Founded* - Toronto, Canada **$4.3B** last round Jun 2026
- 3 [**Waabi** Waabi is an artificial intelligence company based in Toronto, Canada, specializing in autonomous self-driving technology for long-haul trucking.](https://millionrounds.com/company/waabi) Waabi is an artificial intelligence company based in Toronto, Canada, specializing in autonomous self-driving technology for long-haul trucking. *Founded* 2021 Toronto, Canada **$1.0B** last round Jan 2026
- 4 [**Antimatter** Antimatter is a data security company that provides cryptographic infrastructure services to B2B SaaS companies.](https://millionrounds.com/company/antimatter) Antimatter is a data security company that provides cryptographic infrastructure services to B2B SaaS companies. *Founded* 2021 Ottawa, Canada **$351M** last round May 2026
- 5 [**Profound**](https://millionrounds.com/company/profound) *Founded* - Canada **$276M** last round Sept 2026
- 6 [**Beacon Software** Beacon acquires and grows essential businesses.](https://millionrounds.com/company/beacon-software) Beacon acquires and grows essential businesses. *Founded* - Toronto, Canada **$225M** last round Jun 2026
- 7 [**LawZero** LawZero is committed to advancing research and creating technical solutions that enable safe-by-design AI systems.](https://millionrounds.com/company/lawzero) LawZero is committed to advancing research and creating technical solutions that enable safe-by-design AI systems. *Founded* - Montréal, Canada **$215M** last round Sept 2026
- 8 [**Vention** Vention is a technology company based in Montreal, Canada, specializing in manufacturing automation.](https://millionrounds.com/company/vention) Vention is a technology company based in Montreal, Canada, specializing in manufacturing automation. *Founded* 2016 Montreal, Canada **$200M** last round Jan 2026
- 9 [**Vosker** Vosker provides remote area monitoring technology using solar power and artificial intelligence for cutting-edge surveillance solutions.](https://millionrounds.com/company/vosker) Vosker provides remote area monitoring technology using solar power and artificial intelligence for cutting-edge surveillance solutions. *Founded* 2018 Victoriaville, Canada **$200M** last round Feb 2026
- 10 [**Blue J** Blue J is a Toronto-based enterprise software company founded in 2015, specializing in generative AI-powered tax research.](https://millionrounds.com/company/blue-j) Blue J is a Toronto-based enterprise software company founded in 2015, specializing in generative AI-powered tax research. *Founded* 2015 Toronto, Canada **$176M** last round Nov 2026
- 11 [**Taalas** Taalas is creating a platform for quickly turning any AI model into custom silicon.](https://millionrounds.com/company/taalas) Taalas is creating a platform for quickly turning any AI model into custom silicon. *Founded* 2023 Toronto, Canada **$169M** last round Feb 2026
- 12 [**Biossil** Biossil is an AI-native biopharma company located in Toronto, Canada.](https://millionrounds.com/company/biossil) Biossil is an AI-native biopharma company located in Toronto, Canada. *Founded* 2023 Toronto, Canada **$153M** last round Sept 2026
- 13 [**Solink** Solink is a cloud-based security and loss prevention technology company based in Ottawa, Ontario, Canada.](https://millionrounds.com/company/solink) Solink is a cloud-based security and loss prevention technology company based in Ottawa, Ontario, Canada. *Founded* 2009 Ottawa, Canada **$100M** last round Oct 2026
- 14 [**Amity** Amity is a technology company based in Toronto, specializing in Customer Success Software delivered as a cloud-native SaaS platform.](https://millionrounds.com/company/amity) Amity is a technology company based in Toronto, specializing in Customer Success Software delivered as a cloud-native SaaS platform. *Founded* 2012 Toronto, Canada **$100M** last round Nov 2026
- 15 [**PowerLattice**](https://millionrounds.com/company/powerlattice) *Founded* - Canada **$86M** last round Oct 2026
- 16 [**VITAL**](https://millionrounds.com/company/vital) *Founded* - Canada **$72M** last round Jun 2026
- 17 [**Gumloop** Gumloop is a no-code AI automation platform founded in April 2023, originally named AgentHub.](https://millionrounds.com/company/gumloop) Gumloop is a no-code AI automation platform founded in April 2023, originally named AgentHub. *Founded* 2023 San Francisco, Canada **$50M** last round Mar 2026
- 18 [**Gaiia** gaiia is a Canadian technology company that develops an all-in-one operating system tailored for telecommunications companies and Internet Service Providers (ISPs).](https://millionrounds.com/company/gaiia) gaiia is a Canadian technology company that develops an all-in-one operating system tailored for telecommunications companies and Internet Service Providers (ISPs). *Founded* 2023 Montreal, Canada **$40M** last round May 2026
- 19 [**Spellbook** Spellbook is a legal software startup that develops a generative artificial intelligence contract drafting tool for lawyers.](https://millionrounds.com/company/spellbook) Spellbook is a legal software startup that develops a generative artificial intelligence contract drafting tool for lawyers. *Founded* 2018 Toronto, Canada **$40M** last round Mar 2026
- 20 [**Micrologic** Micro Logic is a value-added reseller of IT products and services.](https://millionrounds.com/company/micrologic) Micro Logic is a value-added reseller of IT products and services. *Founded* 1983 Québec, Canada **$32M** last round Sept 2026
- 21 [**Maneva** Maneva is an industrial AI company based in Toronto, founded in 2021.](https://millionrounds.com/company/maneva) Maneva is an industrial AI company based in Toronto, founded in 2021. *Founded* 2022 Toronto, Canada **$27M** last round Jun 2026
- 22 [**Altis Labs** Altis Labs, Inc.](https://millionrounds.com/company/altis-labs) Altis Labs, Inc. *Founded* 2019 Toronto, Canada **$25M** last round Sept 2026
- 23 [**Armilla AI** Armilla AI is a governance platform that enables algorithmic accountability to drive ethical decisions with transparency.](https://millionrounds.com/company/armilla-ai) Armilla AI is a governance platform that enables algorithmic accountability to drive ethical decisions with transparency. *Founded* 2019 Toronto, Canada **$25M** last round Jan 2026
- 24 [**MappedIn** Mappedin is a leader in indoor mapping and spatial data management, based in Waterloo, Ontario, Canada.](https://millionrounds.com/company/mappedin) Mappedin is a leader in indoor mapping and spatial data management, based in Waterloo, Ontario, Canada. *Founded* 2011 Waterloo, Canada **$25M** last round Apr 2026
- 25 [**Looki** Looki is an AI wearable technology company based in Shenzhen, China, founded in 2024.](https://millionrounds.com/company/looki) Looki is an AI wearable technology company based in Shenzhen, China, founded in 2024. *Founded* 2024 Toronto, Canada **$20M** last round Jan 2026
- 26 [**Azoma**](https://millionrounds.com/company/azoma) *Founded* 2026 Canada **$15M** last round Oct 2026
- 27 [**Snaplii** Snaplii is a North American fintech company founded in 2020 and headquartered in Mississauga, Ontario.](https://millionrounds.com/company/snaplii) Snaplii is a North American fintech company founded in 2020 and headquartered in Mississauga, Ontario. *Founded* 2020 Mississauga, Canada **$15M** last round Nov 2026
- 28 [**Simple AI** Revolutionizing the World with Next Gen AI Solutions](https://millionrounds.com/company/simple-ai) Revolutionizing the World with Next Gen AI Solutions *Founded* 2023 Milton, Canada **$14M** last round Feb 2026
- 29 [**Astrus** Astrus is a Toronto-based artificial intelligence startup founded in 2022, focusing on AI-driven Electronic Design Automation (EDA) for analog microchip layout design.](https://millionrounds.com/company/astrus) Astrus is a Toronto-based artificial intelligence startup founded in 2022, focusing on AI-driven Electronic Design Automation (EDA) for analog microchip layout design. *Founded* 2022 Toronto, Canada **$12M** last round Sept 2026
- 30 [**Axya**](https://millionrounds.com/company/axya) *Founded* - Canada **$12M** last round Sept 2026
- 31 [**Lightworks** Engineering intelligent futures for the world's most regulated organizations.](https://millionrounds.com/company/lightworks) Engineering intelligent futures for the world's most regulated organizations. *Founded* 2024 Toronto, Canada **$12M** last round Feb 2026
- 32 [**Innerlogic** Inner Logic is the development framework for the next generation of procedures, from orthopedic implants.](https://millionrounds.com/company/inner-logic) Inner Logic is the development framework for the next generation of procedures, from orthopedic implants. *Founded* - Baltimore, Canada **$12M** last round Jul 2026
- 33 [**Ultimarii**](https://millionrounds.com/company/ultimarii) *Founded* - Canada **$9.4M** last round Sept 2026
- 34 [**Peripheral Labs** Peripheral Labs brings spatial intelligence to live media.](https://millionrounds.com/company/peripheral-labs) Peripheral Labs brings spatial intelligence to live media. *Founded* - Toronto, Canada **$8.7M** last round Aug 2026
- 35 [**BluWave-ai** BluWave-ai is a Canadian clean-tech company based in Ottawa, Ontario, focused on artificial intelligence solutions for the energy sector.](https://millionrounds.com/company/bluwave-ai) BluWave-ai is a Canadian clean-tech company based in Ottawa, Ontario, focused on artificial intelligence solutions for the energy sector. *Founded* 2017 Ottawa, Canada **$8.1M** last round Nov 2026
- 36 [**Continuum**](https://millionrounds.com/company/continuum) *Founded* 2015 Chester, Canada **$7.2M** last round Mar 2026
- 37 [**General Magic** General Magic helps legacy software companies become AI native without changing a single line of code.](https://millionrounds.com/company/general-magic) General Magic helps legacy software companies become AI native without changing a single line of code. *Founded* - Toronto, Canada **$7.2M** last round Feb 2026
- 38 [**Shakudo** Shakudo is a Toronto-based technology company founded in 2021, specializing in a comprehensive Data & AI Operating System.](https://millionrounds.com/company/shakudo) Shakudo is a Toronto-based technology company founded in 2021, specializing in a comprehensive Data & AI Operating System. *Founded* 2021 Toronto, Canada **$7.0M** last round Feb 2026
- 39 [**Hubbl Technologies** Hubbl Technologies is an AI-driven enterprise software company founded in 2024 and based in Vancouver, Canada, with operations in San Francisco.](https://millionrounds.com/company/hubbl-technologies) Hubbl Technologies is an AI-driven enterprise software company founded in 2024 and based in Vancouver, Canada, with operations in San Francisco. *Founded* 2022 Vancouver, Canada **$6.0M** last round Feb 2026
- 40 [**Skyward Wildfire Technologies** Skyward Wildfire Technologies is a Vancouver-based climate tech startup founded in 2024.](https://millionrounds.com/company/skyward-wildfire-technologies) Skyward Wildfire Technologies is a Vancouver-based climate tech startup founded in 2024. *Founded* 2024 Vancouver, Canada **$5.8M** last round Feb 2026
- 41 [**Thri5** Thri5 develops software that connects retail data, people, and AI agents to coordinate operational actions.](https://millionrounds.com/company/thri5) Thri5 develops software that connects retail data, people, and AI agents to coordinate operational actions. *Founded* - Toronto, Canada **$5.4M** last round Sept 2026
- 42 [**Onix**](https://millionrounds.com/company/onix) *Founded* - Canada **$5.0M** last round Sept 2026
- 43 [**Legio**](https://millionrounds.com/company/legio) *Founded* - Canada **$5.0M** last round Aug 2026
- 44 [**BirdseyePost** We're making direct mail as impactful and easy to use as digital marketing, but with the unique, personal touch that only a physical piece can deliver.](https://millionrounds.com/company/birdseyepost) We're making direct mail as impactful and easy to use as digital marketing, but with the unique, personal touch that only a physical piece can deliver. *Founded* 2021 Toronto, Canada **$5.0M** last round Jan 2026
- 45 [**ViewsML** ViewsML is a Vancouver-based artificial intelligence company focused on precision medicine and diagnostics through its innovative virtual biomarker technology.](https://millionrounds.com/company/viewsml) ViewsML is a Vancouver-based artificial intelligence company focused on precision medicine and diagnostics through its innovative virtual biomarker technology. *Founded* 2022 Vancouver, Canada **$4.9M** last round Apr 2026
- 46 [**Pricepoint** PricePoint is an AI-powered revenue management system tailored for the hotel industry.](https://millionrounds.com/company/pricepoint) PricePoint is an AI-powered revenue management system tailored for the hotel industry. *Founded* 2019 Montreal, Canada **$4.8M** last round Jun 2026
- 47 [**AI4Eyes** AI4Eyes uses AI to enhance the diagnosis and treatment of dry eye disease, aiding healthcare professionals in ophthalmology.](https://millionrounds.com/company/ai4eyes) AI4Eyes uses AI to enhance the diagnosis and treatment of dry eye disease, aiding healthcare professionals in ophthalmology. *Founded* 2018 Vancouver, Canada **$4.7M** last round Jan 2026
- 48 [**AltaML** AltaML provides technical and strategic expertise to build transformative applications using applied AI.](https://millionrounds.com/company/altaml) AltaML provides technical and strategic expertise to build transformative applications using applied AI. *Founded* 2018 Edmonton, Canada **$4.3M** last round Jul 2026
- 49 [**Future Fertility** Future Fertility is a Toronto-based med-tech startup focused on enhancing fertility treatments through innovative technology.](https://millionrounds.com/company/future-fertility) Future Fertility is a Toronto-based med-tech startup focused on enhancing fertility treatments through innovative technology. *Founded* 2018 Toronto, Canada **$4.1M** last round Apr 2026
- 50 [**LoopX** LoopX is helps to find the Best Worldwide Online Casino and provides information.](https://millionrounds.com/company/loopx) LoopX is helps to find the Best Worldwide Online Casino and provides information. *Founded* 2016 Canada **$4.0M** last round Aug 2026

**Money raised in 2026** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies with a round in 2026 that we track, ranked by what they raised this year. Nobody pays to be on a list.

## Who backed them?

Open any company for its rounds and investors, or search the investors who back AI startups in Canada that raised in 2026 in the app, with filters, lists and exports.

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## More ai lists

[See all](https://millionrounds.com/top-lists?t=AI)

[*O* *A* *X* **AI startups in the United States** 5,656 companies · $718B](https://millionrounds.com/top-lists/ai-startups-united-states)[*O* *A* *B* **AI startups that raised in 2026** 2,922 companies · $540B in 2026](https://millionrounds.com/top-lists/ai-startups-raised-2026)[*MA* *N* *NG* **AI startups in Europe** 2,502 companies · $66B](https://millionrounds.com/top-lists/ai-startups-europe)[*O* *A* *W* **AI startups in the United States that raised in 2026** 1,648 companies · $431B in 2026](https://millionrounds.com/top-lists/ai-startups-united-states-raised-2026)[*O* *D* *TM* **AI startups in San Francisco** 1,276 companies · $321B](https://millionrounds.com/top-lists/ai-startups-san-francisco)[*MA* *MA* *M* **AI startups founded in 2023** 956 companies · $47B](https://millionrounds.com/top-lists/ai-startups-founded-2023)[*H* *IL* *SB* **AI startups founded in 2021** 757 companies · $23B](https://millionrounds.com/top-lists/ai-startups-founded-2021)[*H* *F* *S* **AI startups founded in 2020** 656 companies · $14B](https://millionrounds.com/top-lists/ai-startups-founded-2020)

## More lists for Canada

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[*C* *H8* *AP* **Startups in Canada** 2,950 companies · $38B](https://millionrounds.com/top-lists/startups-canada)[*A* *T* *AP* **Health startups in Canada** 386 companies · $5.7B](https://millionrounds.com/top-lists/health-startups-canada)[*C* *H8* *C* **AI startups in Canada** 285 companies · $20B](https://millionrounds.com/top-lists/ai-startups-canada)[*LG* *P* *H* **IT Services startups in Canada** 232 companies · $2.0B](https://millionrounds.com/top-lists/it-services-startups-canada)[*A* *T* *RT* **Biotech startups in Canada** 210 companies · $4.9B](https://millionrounds.com/top-lists/biotech-startups-canada)[*A* *RT* *T* **Healthcare startups in Canada** 195 companies · $3.7B](https://millionrounds.com/top-lists/healthcare-startups-canada)[*E* *GF* *EF* **Climate tech startups in Canada** 126 companies · $2.8B](https://millionrounds.com/top-lists/climate-tech-startups-canada)[*5G* *T* *P* **Big Data & Analytics startups in Canada** 116 companies · $3.0B](https://millionrounds.com/top-lists/big-data-startups-canada)