Top list · Toronto
39 biotech startups in Toronto have raised money in rounds we track. These are the 39 that have raised the most, $1.1B between them.
Deep Genomics is using artificial intelligence to build a new universe of life-saving genetic therapies.
Founded 2014Toronto, Canada$197Mlast round Jul 2021Biossil is an AI-native biopharma company located in Toronto, Canada.
Founded 2023Toronto, Canada$153Mlast round Sept 2026BenchSci is a Toronto-based software company that specializes in AI-driven solutions for life sciences and drug discovery.
Founded 2015Toronto, Canada$98Mlast round May 2023PointClickCare develops web-based products and services to help long-term care providers manage the complete lifecycle of resident care.
Founded 1995Toronto, Canada$85Mlast round Feb 2017League is a platform technology company powering next-generation healthcare consumer experiences.
Founded 2014Toronto, Canada$76Mlast round Feb 2025Reunion Neuroscience is a clinical-stage pharmaceutical company developing therapeutic solutions for underserved mental health conditions.
Founded 2019Toronto, Canada$69Mlast round May 2025Xagenic is a molecular diagnostics company developing on-demand molecular testing, facilitating faster treatment decisions for patients.
Founded 2010Toronto, Canada$67Mlast round Jul 2015Helus Pharma is a biopharmaceutical company that develops psychedelic therapeutics for mental health conditions.
Founded -Toronto, Canada$50Mlast round Sept 2026Next Edge Capital is a biotechnology impact investing company that provides asset management services.
Founded 2014Toronto, Canada$50Mlast round Apr 2022Specific Biologics develops novel gene editing technologies to treat diseases at the genetic level in cells inside the body.
Founded 2017Toronto, Canada$36Mlast round Nov 2026Radiant Biotherapeutics is a biotechnology company based in Toronto, founded in 2020.
Founded 2020Toronto, Canada$35Mlast round Sept 2024Altis Labs, Inc.
Founded 2019Toronto, Canada$31Mlast round Sept 2026Workplace wearables built on a connected worker platform with enterprise applications for security, productivity, and health & safety.
Founded 2011Toronto, Canada$30Mlast round May 2017Think Research is on a mission is to organize the world’s health knowledge so that everyone gets the best care.
Founded 2006Toronto, Canada$25Mlast round Oct 2018Acorn Biolabs is cryopreserving people's healthy young cells for use in future regenerative treatments.
Founded 2017Toronto, Canada$11Mlast round Jun 2024Paradox Immunotherapeutics is an pharmaceutical company developing immunotherapies for rare diseases using a proven-successful immunotherapy drug design platform.
Founded 2019Toronto, Canada$10Mlast round Feb 2025EBT Medical is a clinical-stage startup developing disruptive neuromodulation therapies for pelvic health disorders.
Founded 2014Toronto, Canada$10Mlast round Dec 2019AmacaThera is a clinical-stage biotechnology company based in Toronto, Canada.
Founded 2016Toronto, Canada$9.1Mlast round Dec 2023CareGuide is a Toronto-based technology company founded in 2013 by John Philip Green and Jesse Rasch.
Founded 2012Toronto, Canada$7.6Mlast round May 2019OnCall Health is a software company that offers telehealth software for healthcare companies.
Founded 2016Toronto, Canada$7.5Mlast round Sept 2020QurCan Therapeutics Inc.
Founded 2018Toronto, Canada$6.0Mlast round Sept 2026ProteinQure is a biotech company that designs peptide-based therapeutics and drug delivery systems using AI.
Founded -Toronto, Canada$5.8Mlast round May 2026Rna Diagnostics is a Canadian company with a patented platform technology providing real-time cancer therapy guidance.
Founded 2010Toronto, Canada$5.0Mlast round Jul 2019Medicenna is a clinical stage, privately held, immuno-oncology company.
Founded 2012Toronto, Canada$4.4Mlast round Jun 2026Providence Therapeutics is a biotechnology company that develops a personalized mRNA cancer vaccine designed to treat ovarian cancer.
Founded -Toronto, Canada$2.1Mlast round Dec 2021PhenoTips is a healthcare software company based in Toronto, Ontario, specializing in genomic medicine workflows.
Founded 2014Toronto, Canada$2.0Mlast round Mar 2026OrbCare is a holistic solution for health professionals to streamline their day-to-day clinic operations and deliver the highest level of patient care possible,
Founded 2013Toronto, Canada$2.0Mlast round Mar 2019Cyclica is a company that creates patented cloud-based predictive analytics software to find safer and more effective medicines.
Founded 2013Toronto, Canada$1.8Mlast round Nov 2022Liberum Biotech is a seed-stage biotechnology company founded in 2019, specializing in benchtop, cell-free protein synthesis platforms.
Founded 2020Toronto, Canada$1.8Mlast round Jul 2023PharmAla Biotech is a biotechnology company that provides manufacturing and sales of MDMA substances to the clinical research community.
Founded 2021Toronto, Canada$1.6Mlast round Dec 2024Tailored Genes develops tailored lentivirus vectors for delivering precise therapeutic genes to target cells.
Founded -Toronto, Canada$1.0Mlast round Oct 2025Neurolytixs has utilized machine learning to look for unique biomarkers derived from the brain.
Founded 2020Toronto, Canada$1.0Mlast round Nov 2020Awakn Life Sciences is an ecosystem for psychedelic-based treatments.
Founded -Toronto, Canada$535Klast round Dec 2024Psyence develops natural psilocybin products for the treatment of psychological trauma and mental health disorders
Founded -Toronto, Canada$438Klast round Jun 2025Avicanna is a biopharmaceutical company that focuses on the development of the medical cannabis space.
Founded -Toronto, Canada$429Klast round Jun 2026Noa Therapeutics is a preclinical biotech firm that is leading the way in the development of multimodal treatments.
Founded 2022Toronto, Canada$367Klast round Jul 2024Enrich Bioscience has built, is now validating and will soon market an accurate and affordable molecular blood test-kit for early cancer detection.
Founded 2016Toronto, Canada$250Klast round Feb 2021GeneYouIn (GYI), a Canadian personalized medicine company, has developed a genome analytics and reporting platform called Pillcheck
Founded 2012Toronto, Canada$150Klast round Jun 2015Agri-Neo is a food safety technology company based in Toronto, Ontario, founded in 2009.
Founded 2009Toronto, Canada$119Klast round Sept 2015Companies whose funding rounds we classed in this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.
Open any company for its rounds and investors, or search the investors who back biotech startups in Toronto in the app, with filters, lists and exports.
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CSBiotech startups in Europe1,665 companies · $22B
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RMBiotech startups that raised in 2026896 companies · $37B in 2026
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ONBiotech startups in the United Kingdom588 companies · $15B
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MBiotech startups in the United States that raised in 2026498 companies · $32B in 2026
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EBiotech startups founded in 2018368 companies · $14BNR
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STBiotech startups founded in 2020337 companies · $7.0B
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NABiotech startups founded in 2019336 companies · $11B
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VSBiotech startups founded in 2021275 companies · $12B
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APStartups in Toronto622 companies · $22B
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BHealthcare startups in Toronto48 companies · $1.2B
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IIT Services startups in Toronto47 companies · $387M
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BFFinancial Services startups in Toronto27 companies · $2.2B
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CBig Data & Analytics startups in Toronto24 companies · $179M
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FGSoftware startups in Toronto23 companies · $666M
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CMOil & Gas startups in Toronto21 companies · $896M
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WWeb3 & Crypto startups in Toronto20 companies · $307M