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Hardware startups in Canada

59 hardware startups in Canada have raised money in rounds we track. These are the 50 that have raised the most, $1.1B between them, with Toronto the most common home.

$1.1Braised by these 50
59on our record in all
Torontomost common home
Taalasraised the most
  1. 1TaalasTaalas is creating a platform for quickly turning any AI model into custom silicon.

    Taalas is creating a platform for quickly turning any AI model into custom silicon.

    Founded 2023Toronto, Canada$169Mlast round Feb 2026
  2. 2PhotonicPhotonic develops quantum computing and networking technologies, utilizing silicon spin qubits and native telecom networking interface.

    Photonic develops quantum computing and networking technologies, utilizing silicon spin qubits and native telecom networking interface.

    Founded 2016Coquitlam, Canada$131Mlast round Jan 2026
  3. 3e2ip technologiesE2IP Technologies is a global leader in printed electronics, advanced material science, and Human Machine Interface (HMI) solutions, based in Montreal, Quebec, Canada.

    E2IP Technologies is a global leader in printed electronics, advanced material science, and Human Machine Interface (HMI) solutions, based in Montreal, Quebec, Canada.

    Founded 1980Montreal, Canada$120Mlast round Apr 2023
  4. 4PowerLatticeFounded -Canada$111Mlast round Oct 2026
  5. 5PerasoFounded -Canada$62Mlast round Feb 2019
  6. 6Nord QuantiqueNord Quantique is a Canadian startup based in Sherbrooke, Quebec, focused on developing fault-tolerant quantum computers.

    Nord Quantique is a Canadian startup based in Sherbrooke, Quebec, focused on developing fault-tolerant quantum computers.

    Founded 2020Sherbrooke, Canada$57Mlast round Oct 2026
  7. 7Peraso TechnologiesPeraso Technologies is a fabless semiconductor company developing multi-gigabit, millimeter wave single-chip transceivers for phones.

    Peraso Technologies is a fabless semiconductor company developing multi-gigabit, millimeter wave single-chip transceivers for phones.

    Founded 2008Canada$53Mlast round Oct 2014
  8. 8VueRealFounded -Canada$49Mlast round Jan 2025
  9. 9LaseraxLaserax is a Quebec-based manufacturer specializing in industrial laser systems and turnkey solutions.

    Laserax is a Quebec-based manufacturer specializing in industrial laser systems and turnkey solutions.

    Founded 2010Quebec City, Canada$46Mlast round Oct 2024
  10. 10Liquid ComputingLiquid Computing was an information technology company founded in 2003 and based in Ottawa, Canada, with additional offices in Stamford, Connecticut.

    Liquid Computing was an information technology company founded in 2003 and based in Ottawa, Canada, with additional offices in Stamford, Connecticut.

    Founded 2003Ottawa, Canada$44Mlast round Nov 2009
  11. 11MechasysMechasys is a Montreal-based construction technology startup founded in March 2018 by three engineering students.

    Mechasys is a Montreal-based construction technology startup founded in March 2018 by three engineering students.

    Founded 2018Montreal, Canada$23Mlast round Aug 2025
  12. 12GaN SystemsGaN Systems offers a range of Gallium Nitride high power switching diodes and transistors for clean tech power conversion applications.

    GaN Systems offers a range of Gallium Nitride high power switching diodes and transistors for clean tech power conversion applications.

    Founded 2008Canada$20Mlast round May 2015
  13. 13AstrusAstrus is a Toronto-based artificial intelligence startup founded in 2022, focusing on AI-driven Electronic Design Automation (EDA) for analog microchip layout design.

    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 2022Toronto, Canada$20Mlast round Sept 2026
  14. 14Greentank TechnologiesGreentank Technologies is a premier manufacturer specializing in advanced aerosolization and vaporization technologies, primarily for the cannabis industry.

    Greentank Technologies is a premier manufacturer specializing in advanced aerosolization and vaporization technologies, primarily for the cannabis industry.

    Founded 2016Toronto, Canada$20Mlast round Jul 2026
  15. 15ViXS SystemsViXS Systems offers technologies and solutions for processing, managing, securing and distributing high quality video and audio.

    ViXS Systems offers technologies and solutions for processing, managing, securing and distributing high quality video and audio.

    Founded 2000Canada$19Mlast round Jun 2013
  16. 16LumenpulseLumenpulse provides sustainable, high-performance LED lighting solutions for commercial, institutional, and urban environments.

    Lumenpulse provides sustainable, high-performance LED lighting solutions for commercial, institutional, and urban environments.

    Founded 2006Longueuil, Canada$16Mlast round Aug 2011
  17. 17EocycleEocycle Technologies Inc.

    Eocycle Technologies Inc.

    Founded 2001Montreal, Canada$15Mlast round Apr 2024
  18. 18MysaFounded -Canada$14Mlast round Jan 2026
  19. 19LED Roadway LightingLED Roadway Lighting is a manufacturer of wireless streetlight controllers, micro-sensors, software, and energy LED streetlights.

    LED Roadway Lighting is a manufacturer of wireless streetlight controllers, micro-sensors, software, and energy LED streetlights.

    Founded 2019Halifax, Canada$14Mlast round Mar 2014
  20. 20FemtumFemtum provides mid-infrared pulsed fibre lasers, fibre amplifiers, and tunable lasers for medical and industrial use.

    Femtum provides mid-infrared pulsed fibre lasers, fibre amplifiers, and tunable lasers for medical and industrial use.

    Founded 2017Quebec City, Canada$13Mlast round Aug 2026
  21. 21HyperlumeHyperlume Inc.

    Hyperlume Inc.

    Founded -Ottawa, Canada$13Mlast round Feb 2025
  22. 22CoolIT SystemsCoolIT Systems is engaged in the design and manufacture of electronic cooling systems and system integration services.

    CoolIT Systems is engaged in the design and manufacture of electronic cooling systems and system integration services.

    Founded 2001Calgary, Canada$10Mlast round Oct 2011
  23. 23Potentia SemiconductorPotentia Semiconductor Corporation provides power management solutions, such as PS-2402 and PS-2404 to the flat panel display industry.

    Potentia Semiconductor Corporation provides power management solutions, such as PS-2402 and PS-2404 to the flat panel display industry.

    Founded 2000Canada$8.0Mlast round Jul 2005
  24. 24UpverterThe future of hardware design (YC W11)

    The future of hardware design (YC W11)

    Founded 2010Toronto, Canada$6.8Mlast round Mar 2014
  25. 25Croptimistic Technology Inc.Croptimistic Technology Inc.

    Croptimistic Technology Inc.

    Founded 2018Saskatoon, Canada$5.2Mlast round Jun 2021
  26. 26VizimaxVizimax manufactures automation systems for grid modernization products, making the electric grid more efficient with less network outages.

    Vizimax manufactures automation systems for grid modernization products, making the electric grid more efficient with less network outages.

    Founded 1988Longueuil, Canada$4.1Mlast round Jan 2012
  27. 27NuvyyoNuvyyo reinvents home media experience for consumers in the U.S.

    Nuvyyo reinvents home media experience for consumers in the U.S.

    Founded 2010Canada$4.0Mlast round Nov 2013
  28. 28AnyWare GroupAnyWare Group provides remote access solutions for hospitals and healthcare organizations in North America.

    AnyWare Group provides remote access solutions for hospitals and healthcare organizations in North America.

    Founded 1999Canada$3.7Mlast round Oct 2005
  29. 29GPHYGPHY is a web platform that develops a hybrid workspace management IoT ecosystem.

    GPHY is a web platform that develops a hybrid workspace management IoT ecosystem.

    Founded 2018Québec, Canada$3.6Mlast round Oct 2024
  30. 30StromcoreStromcore is a designer and manufacturer of Lithium-Ion forklift batteries.

    Stromcore is a designer and manufacturer of Lithium-Ion forklift batteries.

    Founded 2016Mississauga, Canada$3.5Mlast round May 2023
  31. 31Galaxia Space SystemsFounded -Canada$3.3Mlast round Sept 2026
  32. 32Alentic MicroscienceAlentic Microscience is a Halifax-based microscopy company that has developed a new imaging device

    Alentic Microscience is a Halifax-based microscopy company that has developed a new imaging device

    Founded 2010Halifax, Canada$3.0Mlast round Mar 2019
  33. 33Acuva TechnologiesAcuva’s purification system is a novel water treatment concept

    Acuva’s purification system is a novel water treatment concept

    Founded 2014Vancouver, Canada$3.0Mlast round May 2022
  34. 34YWire technologiesLowest Cost Networked Lighting Control Solution in The Industry

    Lowest Cost Networked Lighting Control Solution in The Industry

    Founded 2009Canada$2.8Mlast round Jun 2015
  35. 35Tarquin GroupTarquin Group is a diversified industrial technology company offering custom and standard laser-based material processing systems and parts.

    Tarquin Group is a diversified industrial technology company offering custom and standard laser-based material processing systems and parts.

    Founded 2004Canada$2.6Mlast round Feb 2007
  36. 36FIBOSFIBOS is into creating advanced optical measurements by replacing conventional electrical sensors.

    FIBOS is into creating advanced optical measurements by replacing conventional electrical sensors.

    Founded 2016Canada$2.2Mlast round Feb 2019
  37. 37LUCID Vision LabsLUCID Vision Labs designs and manufactures innovative machine vision cameras and components that utilize the latest technologies.

    LUCID Vision Labs designs and manufactures innovative machine vision cameras and components that utilize the latest technologies.

    Founded 2017Richmond, Canada$1.5Mlast round Oct 2024
  38. 38Novonix Battery Testing ServicesNovonix Battery Testing Services provides revolutionary clean energy solutions for the battery industry.

    Novonix Battery Testing Services provides revolutionary clean energy solutions for the battery industry.

    Founded -Bedford, Canada$1.0Mlast round Mar 2022
  39. 39G2V OpticsG2V develops and commercializes technology that will enable food production for a growing population.

    G2V develops and commercializes technology that will enable food production for a growing population.

    Founded 2015Edmonton, Canada$1.0Mlast round Feb 2020
  40. 40Triacta Power TechnologiesTriacta Power Technologies develops multipoint energy management meters for commercial, institutional, and residential applications.

    Triacta Power Technologies develops multipoint energy management meters for commercial, institutional, and residential applications.

    Founded 2003Carleton Place, Canada$887Klast round Oct 2006
  41. 41Dream PhotonicsDream Photonics is a technology spin-off from UBC combining decades of academic and industry experience.

    Dream Photonics is a technology spin-off from UBC combining decades of academic and industry experience.

    Founded -Vancouver, Canada$804Klast round May 2026
  42. 42Élisa InteractiveFounded -Canada$637Klast round Aug 2026
  43. 43COM DEVCOM DEV designs and manufactures space-qualified passive microwave equipment, specialized electronics, and optical subsystems.

    COM DEV designs and manufactures space-qualified passive microwave equipment, specialized electronics, and optical subsystems.

    Founded 1974Canada$616Klast round Jun 2012
  44. 44OmniPly TechnologyOmniply makes it possible to create any thin film electronic device (such as sensors, displays, memory) on flexible substrates.

    Omniply makes it possible to create any thin film electronic device (such as sensors, displays, memory) on flexible substrates.

    Founded 2018Montréal, Canada$571Klast round Jun 2025
  45. 45PhybridgePhybridge offers a complete IP network for voice and data that allows users to centrally converge with the LANs.

    Phybridge offers a complete IP network for voice and data that allows users to centrally converge with the LANs.

    Founded 2006Oakville, Canada$500Klast round Mar 2009
  46. 46MinuumMinuum is a mobile application that provides users with a smaller keyboard, taking up less of the screen.

    Minuum is a mobile application that provides users with a smaller keyboard, taking up less of the screen.

    Founded 2012Canada$500Klast round Feb 2014
  47. 47Forge AutomationForge Automation is a software that used in software enabled factories to manufacture CNC parts.

    Forge Automation is a software that used in software enabled factories to manufacture CNC parts.

    Founded -Toronto, Canada$500Klast round Mar 2025
  48. 48DreamQiiWe believe technology should be a bridge to new levels of productivity and creativity.

    We believe technology should be a bridge to new levels of productivity and creativity.

    Founded 2012Canada$460Klast round Nov 2014
  49. 49Hybrid Power SolutionsHybrid Power Solutions is a designer and manufacturer of completely fuel-free generators.

    Hybrid Power Solutions is a designer and manufacturer of completely fuel-free generators.

    Founded -Mississauga, Canada$396Klast round Jun 2024
  50. 50Clear MetalsClear Metals develops and commercialises metal oxide technology.

    Clear Metals develops and commercialises metal oxide technology.

    Founded 2012North Vancouver, Canada$213Klast round Jan 2014
Total fundinghow the list is ranked
15 November 2026updated nightly
Rounds we tracksource: Millionrounds

Companies whose funding rounds we classed as this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

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