# Top 50 Manufacturing Startups in Canada by Funding (2026)

> The 50 best-funded manufacturing startups in Canada, ranked by total funding raised: $2.2B combined. With founding year, headquarters and each company's rounds.

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

- 1 [**Nouveau Monde Graphite** Nouveau Monde is developing its operations with the highest environmental standards.](https://millionrounds.com/company/nouveau-monde-graphite) Nouveau Monde is developing its operations with the highest environmental standards. *Founded* 2012 Montréal, Canada **$310M** last round Apr 2026
- 2 [**Auvik Networks** Auvik is cloud-based network management.](https://millionrounds.com/company/auvik-networks) Auvik is cloud-based network management. *Founded* 2011 Waterloo, Canada **$270M** last round Jul 2021
- 3 [**Discovery Silver** Discovery Silver mainly engages in developing silver deposits.](https://millionrounds.com/company/discovery-silver) Discovery Silver mainly engages in developing silver deposits. *Founded* 2017 Toronto, Canada **$250M** last round Sept 2025
- 4 [**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 **$213M** last round Jan 2026
- 5 [**HEXO** Hexo is a custom AI image generation engine.](https://millionrounds.com/company/hexo) Hexo is a custom AI image generation engine. *Founded* 2022 Gatineau, Canada **$160M** last round Jul 2023
- 6 [**K92 Mining** K92 Mining has commenced gold production from the Irumafimpa Gold Deposit.](https://millionrounds.com/company/k92-mining) K92 Mining has commenced gold production from the Irumafimpa Gold Deposit. *Founded* 2010 Vancouver, Canada **$150M** last round Sept 2023
- 7 [**Tidewater Midstream and Infrastructure** Tidewater Midstream and Infrastructure is dedicated to the purchase,sale, and transportation of natural gas liquids.](https://millionrounds.com/company/tidewater-midstream-and-infrastructure) Tidewater Midstream and Infrastructure is dedicated to the purchase,sale, and transportation of natural gas liquids. *Founded* - Calgary, Canada **$87M** last round May 2024
- 8 [**Uranium Royalty** Uranium Royalty is a pure-play uranium royalty company that focuses on the uranium and nuclear energy sectors.](https://millionrounds.com/company/uranium-royalty) Uranium Royalty is a pure-play uranium royalty company that focuses on the uranium and nuclear energy sectors. *Founded* 2017 Toronto, Canada **$63M** last round Apr 2026
- 9 [**Peraso**](https://millionrounds.com/company/peraso) *Founded* - Canada **$62M** last round Feb 2019
- 10 [**Simpler Networks** Simpler Networks operates as a telecommunications equipment and software manufacturer in Canada.](https://millionrounds.com/company/simpler-networks) Simpler Networks operates as a telecommunications equipment and software manufacturer in Canada. *Founded* 1999 Canada **$59M** last round Jul 2007
- 11 [**Validere** Validere is on a mission to better human prosperity by making the energy supply chain efficient and sustainable.](https://millionrounds.com/company/validere) Validere is on a mission to better human prosperity by making the energy supply chain efficient and sustainable. *Founded* 2015 Calgary, Canada **$50M** last round Mar 2022
- 12 [**Silfab Solar** Silfab Solar is a North American photovoltaic (PV) module manufacturing company.](https://millionrounds.com/company/silfab-solar) Silfab Solar is a North American photovoltaic (PV) module manufacturing company. *Founded* 2010 Mississauga, Canada **$50M** last round Nov 2024
- 13 [**VueReal**](https://millionrounds.com/company/vuereal) *Founded* - Canada **$49M** last round Jan 2025
- 14 [**Synapse**](https://millionrounds.com/company/synapse) *Founded* - Canada **$42M** last round Jun 2019
- 15 [**Hydrostor** Hydrostor is a Canadian energy storage company based in Toronto, founded in 2010.](https://millionrounds.com/company/hydrostor) Hydrostor is a Canadian energy storage company based in Toronto, founded in 2010. *Founded* 2010 Toronto, Canada **$37M** last round Feb 2026
- 16 [**Polystyvert** Polystyvert est une entreprise montréalaise du secteur des technologies propres qui révolutionne le monde du recyclage des plastiques en mettant en place une éc](https://millionrounds.com/company/polystyvert) Polystyvert est une entreprise montréalaise du secteur des technologies propres qui révolutionne le monde du recyclage des plastiques en mettant en place une éc *Founded* 2011 Anjou, Canada **$29M** last round Jul 2024
- 17 [**mnubo**](https://millionrounds.com/company/mnubo) *Founded* - Canada **$23M** last round Jan 2018
- 18 [**Nulogy** Nulogy is a provider of supply chain collaboration solutions for consumer brands and their networks of contract packagers and manufacturers.](https://millionrounds.com/company/nulogy) Nulogy is a provider of supply chain collaboration solutions for consumer brands and their networks of contract packagers and manufacturers. *Founded* 2002 Toronto, Canada **$22M** last round Aug 2016
- 19 [**Reno Sub Systems** Reno Sub-Systems Inc.](https://millionrounds.com/company/reno-sub-systems) Reno Sub-Systems Inc. *Founded* - Reno, Canada **$22M** last round Sept 2017
- 20 [**ThoughtWire** ThoughtWire is a Toronto-based property technology company that specializes in developing Digital Twin applications aimed at enhancing the efficiency and safety](https://millionrounds.com/company/thoughtwire) ThoughtWire is a Toronto-based property technology company that specializes in developing Digital Twin applications aimed at enhancing the efficiency and safety *Founded* 2009 Toronto, Canada **$20M** last round Mar 2018
- 21 [**UpSolv** UpSolv is a Montreal-based cleantech company specializing in recycling hard-to-recycle thermoplastics, particularly polystyrene (PS) and ABS.](https://millionrounds.com/company/upsolv) UpSolv is a Montreal-based cleantech company specializing in recycling hard-to-recycle thermoplastics, particularly polystyrene (PS) and ABS. *Founded* 2011 Montreal, Canada **$16M** last round Jul 2024
- 22 [**Lumenpulse** Lumenpulse provides sustainable, high-performance LED lighting solutions for commercial, institutional, and urban environments.](https://millionrounds.com/company/lumenpulse) Lumenpulse provides sustainable, high-performance LED lighting solutions for commercial, institutional, and urban environments. *Founded* 2006 Longueuil, Canada **$16M** last round Aug 2011
- 23 [**Axya**](https://millionrounds.com/company/axya) *Founded* - Canada **$16M** last round Sept 2026
- 24 [**Silver Viper Minerals** Silver Viper Minerals is a junior mineral exploration company focusing on silver, gold, and base metal exploration projects.](https://millionrounds.com/company/silver-viper-minerals) Silver Viper Minerals is a junior mineral exploration company focusing on silver, gold, and base metal exploration projects. *Founded* 2016 Vancouver, Canada **$15M** last round May 2026
- 25 [**CURA** CURA is a climatetech startup building breakthrough electrochemical technology to decarbonize one of the world's hardest-to-abate sectors: cement.](https://millionrounds.com/company/cura) CURA is a climatetech startup building breakthrough electrochemical technology to decarbonize one of the world's hardest-to-abate sectors: cement. *Founded* 2025 Calgary, Canada **$14M** last round Sept 2026
- 26 [**LED Roadway Lighting** LED Roadway Lighting is a manufacturer of wireless streetlight controllers, micro-sensors, software, and energy LED streetlights.](https://millionrounds.com/company/led-roadway-lighting) LED Roadway Lighting is a manufacturer of wireless streetlight controllers, micro-sensors, software, and energy LED streetlights. *Founded* 2019 Halifax, Canada **$14M** last round Mar 2014
- 27 [**Scandium Canada** Scandium Canada is a multi-metal exploration & deposit development company focusing on copper-zinc, gold & technology metals properties.](https://millionrounds.com/company/scandium-canada) Scandium Canada is a multi-metal exploration & deposit development company focusing on copper-zinc, gold & technology metals properties. *Founded* - Montreal, Canada **$11M** last round Mar 2026
- 28 [**Librestream Technologies** Librestream Technologies develops mobile video collaboration solutions for enterprises and provides onsight collaboration platform.](https://millionrounds.com/company/librestream-technologies) Librestream Technologies develops mobile video collaboration solutions for enterprises and provides onsight collaboration platform. *Founded* 2003 Winnipeg, Canada **$11M** last round Mar 2016
- 29 [**Poka** Poka is a connected worker platform built for manufacturers.](https://millionrounds.com/company/poka) Poka is a connected worker platform built for manufacturers. *Founded* 2014 Quebec, Canada **$10M** last round Mar 2018
- 30 [**Quartic.ai** Quartic.ai is an industrial AI and IIoT software provider.](https://millionrounds.com/company/quartic-ai) Quartic.ai is an industrial AI and IIoT software provider. *Founded* 2017 San Jose, Canada **$10M** last round May 2022
- 31 [**Interface Fluidics** Interface Fluidics is a venture-backed energy technology company based in Calgary, Alberta, specializing in microfluidic reservoir fluid testing and analysis.](https://millionrounds.com/company/interface-fluidics) Interface Fluidics is a venture-backed energy technology company based in Calgary, Alberta, specializing in microfluidic reservoir fluid testing and analysis. *Founded* 2015 Edmonton, Canada **$9.9M** last round Nov 2021
- 32 [**NONO** NONO manufactures production of interior furnishings products.](https://millionrounds.com/company/nono) NONO manufactures production of interior furnishings products. *Founded* 2012 Mexico City, Canada **$9.8M** last round May 2013
- 33 [**Ivaco Rolling Mills** Ivaco Rolling Mills is a world class producer of steel billets and hot rolled wire rod.](https://millionrounds.com/company/ivaco-rolling-mills) Ivaco Rolling Mills is a world class producer of steel billets and hot rolled wire rod. *Founded* 1970 Canada **$7.0M** last round Mar 2014
- 34 [**Upverter** The future of hardware design (YC W11)](https://millionrounds.com/company/upverter) The future of hardware design (YC W11) *Founded* 2010 Toronto, Canada **$6.8M** last round Mar 2014
- 35 [**AEPONYX** AEPONYX is a fabless micro optical switch semiconductor chips designer and manufacturer.](https://millionrounds.com/company/aeponyx) AEPONYX is a fabless micro optical switch semiconductor chips designer and manufacturer. *Founded* 2012 Montreal, Canada **$6.8M** last round Jun 2025
- 36 [**Firefox Gold** Firefox Gold is a mining company with a focus on gold discovery.](https://millionrounds.com/company/firefox-gold) Firefox Gold is a mining company with a focus on gold discovery. *Founded* 2017 Vancouver, Canada **$6.7M** last round May 2026
- 37 [**Worximity**](https://millionrounds.com/company/worximity) *Founded* - Canada **$6.3M** last round Aug 2019
- 38 [**Canvass Analytics**](https://millionrounds.com/company/canvass-analytics) *Founded* - Canada **$5.0M** last round Aug 2018
- 39 [**Vizimax** Vizimax manufactures automation systems for grid modernization products, making the electric grid more efficient with less network outages.](https://millionrounds.com/company/vizimax) Vizimax manufactures automation systems for grid modernization products, making the electric grid more efficient with less network outages. *Founded* 1988 Longueuil, Canada **$4.1M** last round Jan 2012
- 40 [**Odotech** Odotech designs, develops, markets odor measurement and monitoring solutions and also measures, monitors, odors and predicts their impact.](https://millionrounds.com/company/odotech) Odotech designs, develops, markets odor measurement and monitoring solutions and also measures, monitors, odors and predicts their impact. *Founded* 1998 Canada **$4.0M** last round Feb 2008
- 41 [**Zero Point Cryogenics** Zero Point Cryogenics offers simplicity and quality so that our customers can concentrate on achieving their quantum objectives.](https://millionrounds.com/company/zero-point-cryogenics) Zero Point Cryogenics offers simplicity and quality so that our customers can concentrate on achieving their quantum objectives. *Founded* - Edmonton, Canada **$3.6M** last round Feb 2026
- 42 [**Lacus Innovations** Lacus Innovations is a start-up that specializes in the manufacture of spas and plastic parts.](https://millionrounds.com/company/lacus-innovations) Lacus Innovations is a start-up that specializes in the manufacture of spas and plastic parts. *Founded* 2021 Lachute, Canada **$3.0M** last round Jul 2022
- 43 [**Aurora Hydrogen** Aurora Hydrogen is a cleantech startup based in Edmonton, Alberta, founded in 2021.](https://millionrounds.com/company/aurora-hydrogen) Aurora Hydrogen is a cleantech startup based in Edmonton, Alberta, founded in 2021. *Founded* 2021 Edmonton, Canada **$3.0M** last round Jul 2024
- 44 [**Uresta** Uresta is a Femtech health startup focused on providing non-invasive solutions for stress urinary incontinence (SUI), commonly known as bladder leaks.](https://millionrounds.com/company/uresta) Uresta is a Femtech health startup focused on providing non-invasive solutions for stress urinary incontinence (SUI), commonly known as bladder leaks. *Founded* 2014 Shediac, Canada **$3.0M** last round Mar 2025
- 45 [**Win-Shield Devices** Win-Shield Devices designs and manufactures tactical masks and personal protective equipment.](https://millionrounds.com/company/win-shield-devices) Win-Shield Devices designs and manufactures tactical masks and personal protective equipment. *Founded* - Winnipeg, Canada **$2.6M** last round Apr 2026
- 46 [**Nix Sensor**](https://millionrounds.com/company/nix-sensor) *Founded* - Canada **$2.0M** last round Nov 2019
- 47 [**Versos AI Inc** Multi-Modal, Tagless, Natural Language Search](https://millionrounds.com/company/versos-ai-inc) Multi-Modal, Tagless, Natural Language Search *Founded* 2023 Saint John, Canada **$1.9M** last round Nov 2025
- 48 [**NXTSENS Microsystems** NXTSENS Microsystems is a performance leading fabless semiconductor company that provides tailored sensing, timing.](https://millionrounds.com/company/nxtsens-microsystems) NXTSENS Microsystems is a performance leading fabless semiconductor company that provides tailored sensing, timing. *Founded* 2015 Montréal, Canada **$1.9M** last round Dec 2025
- 49 [**BioAlert Solutions** BioAlert Solutions is a biotechnology and environmental monitoring company based in Sherbrooke, Quebec, founded in 2014.](https://millionrounds.com/company/bioalert-solutions) BioAlert Solutions is a biotechnology and environmental monitoring company based in Sherbrooke, Quebec, founded in 2014. *Founded* 2014 Sherbrooke, Canada **$1.7M** last round Mar 2025
- 50 [**Control** Design, edit, animate and launch websites from your browser.](https://millionrounds.com/company/control) Design, edit, animate and launch websites from your browser. *Founded* 2021 Canada **$1.5M** last round Jun 2015

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies 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.

## Who backed them?

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

[Find their investors](https://millionrounds.com/login?join=1&next=/app/investors)[All top lists](https://millionrounds.com/top-lists)

## More manufacturing lists

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

[*P* *R* *TB* **Manufacturing startups in the United States** 723 companies · $61B](https://millionrounds.com/top-lists/manufacturing-startups-united-states)[*P* *TB* *R* **Manufacturing startups that raised in 2026** 298 companies · $41B in 2026](https://millionrounds.com/top-lists/manufacturing-startups-raised-2026)[*U* *CI* *ZE* **Manufacturing startups in the United Kingdom** 151 companies · $7.3B](https://millionrounds.com/top-lists/manufacturing-startups-united-kingdom)[*P* *TB* *R* **Manufacturing startups in the United States that raised in 2026** 123 companies · $35B in 2026](https://millionrounds.com/top-lists/manufacturing-startups-united-states-raised-2026)[*XM* *UR* *B* **Manufacturing startups in China** 101 companies · $15B](https://millionrounds.com/top-lists/manufacturing-startups-china)[*AE* *BM* *FD* **Manufacturing startups founded in 2018** 90 companies · $2.5B](https://millionrounds.com/top-lists/manufacturing-startups-founded-2018)[*JA* *H* *VS* **Manufacturing startups founded in 2021** 81 companies · $2.4B](https://millionrounds.com/top-lists/manufacturing-startups-founded-2021)[*H* *NR* *KB* **Manufacturing startups founded in 2020** 75 companies · $4.8B](https://millionrounds.com/top-lists/manufacturing-startups-founded-2020)

## More lists for Canada

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

[*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)