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Government of Canada Portfolio Companies

Investor actively backing innovative startups and growth-stage companies across various industries and funding rounds.

Last updated: July 2026

Government of Canada Investment Overview

Portfolio Companies
146
Total Invested
$1.4B
Average Investment
$17.0M

Government of Canada's Most Recent Investments (2020+)

Company NameFoundedFunding StageAmountCity
Renaissance BioScience2025GrantUndisclosedVancouver
Metaspectral2025GrantUndisclosedVancouver
Canvass AI2022Series AUndisclosedToronto
Ananda Devices2024GrantUndisclosedMontréal
Aurora Hydrogen2024GrantUndisclosedEdmonton
EXO Insights2025GrantUndisclosedWaterloo
Creative Destruction Lab2026GrantUndisclosedToronto
Carbicrete2026Grant$504KMontréal
Generation Mining2026Post-IPO DebtUndisclosedToronto
Edesa Biotech2026Post-IPO EquityUndisclosedMarkham

Complete List of Government of Canada Portfolio Companies (146)

Export
#CompanyStageAmountLocation
1Renaissance BioScienceGrantUndisclosedVancouver, Canada
2MetaspectralGrantUndisclosedVancouver, Canada
3Canvass AISeries AUndisclosedToronto, Canada
4Ananda DevicesGrantUndisclosedMontréal, Canada
5Aurora HydrogenGrantUndisclosedEdmonton, Canada
6EXO InsightsGrantUndisclosedWaterloo, Canada
7Creative Destruction LabGrantUndisclosedToronto, Canada
8CarbicreteGrant$504KMontréal, Canada
9Generation MiningPost-IPO DebtUndisclosedToronto, Canada
10Edesa BiotechPost-IPO EquityUndisclosedMarkham, Canada
BiotechnologyFood and Beverage

Renaissance BioScience, a biotechnology company, develops yeast-based proprietary technology solutions for food and beverage manufacturers.

Vancouver, Canada
September 2025
Grant

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Machine Learning

Metaspectral enables the real-time analysis of ultra-high-resolution imaging

Vancouver, Canada
September 2025
Grant

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Industrial AutomationIndustrial ManufacturingPredictive AnalyticsSoftware

Canvass AI is a platform that delivers industrial AI for industrial manufacturers, and oil and gas companies.

Toronto, Canada
August 2022
Series A

Founder Contacts

19,000+ verified contacts

BiotechnologyManufacturing

Ananda Devices develops & manufactures microfluidic platforms to improve standardization, precision and reproducibility of cell assays.

Montréal, Canada
August 2024
Grant

Founder Contacts

19,000+ verified contacts

Industrial Manufacturing

Aurora Hydrogen is developing the next generation of hydrogen production technology.

Edmonton, Canada
July 2024
Grant

Founder Contacts

19,000+ verified contacts

Information ServicesInformation TechnologyProfessional ServicesSimulationSoftwareTraining

EXO Insights owns BioTwin®, a human-centric AI and biometric intelligence platform for mission-critical training.

Waterloo, Canada
July 2025
Grant

Founder Contacts

19,000+ verified contacts

Advanced MaterialsAerospaceBlockchainCleanTechIncubatorsRetail TechnologyRisk ManagementSupply Chain Management

Creative Destruction Lab provides an early-stage startup program that helps entrepreneurs develop technology-based ventures.

Toronto, Canada
June 2026
Grant

Founder Contacts

19,000+ verified contacts

Civil EngineeringConstructionEnergyEnvironmental Engineering

CarbiCrete is a carbon removal technology company that produces cement-free, decarbonized concrete.

Montréal, Canada
June 2026
$504K
Grant

Founder Contacts

19,000+ verified contacts

MineralMiningMining Technology

Generation Mining is a mineral development company that focuses on zinc and molybdenum projects in Canada.

Toronto, Canada
June 2026
Post-IPO Debt

Founder Contacts

19,000+ verified contacts

BiotechnologyLife Science

Edesa develops treatments for dermatological and anorectal diseases. Edesa merged with Stellar Biotechnologies in 2019.

Markham, Canada
June 2026
Post-IPO Equity

Founder Contacts

19,000+ verified contacts

Human ResourcesRecruitingSoftware

Picsume is a hiring platform that eliminates the need for a resume by creating live dynamic work profiles.

Essex, Canada
June 2025
Grant

Founder Contacts

19,000+ verified contacts

CharityHealth CareMental Health

Jack.org is a non-profit organization that trains and empowers young leaders to revolutionize mental health in every province and territory.

Toronto, Canada
May 2026
Grant

Founder Contacts

19,000+ verified contacts

BatteryMineralMiningNatural Resources

Electra Battery Materials develops and produces battery-grade materials for the electric vehicle (EV) and energy storage industries.

Toronto, Canada
May 2026
Post-IPO Debt

Founder Contacts

19,000+ verified contacts

AudioConsumer ElectronicsHardwareHealth CareHuman Computer InteractionNeuroscience

AAVAA develops a bionic ear that helps reduce noise and acts as a hearing impairment correction device.

Montréal, Canada
May 2023
Grant

Founder Contacts

19,000+ verified contacts

BiotechnologyChemicalCleanTech

Anodyne is a carbon utilization company, transforming CO2 into carbon negative products for a climate positive future

Vancouver, Canada
May 2026
$6.0M
Grant

Founder Contacts

19,000+ verified contacts

AquacultureGreenTechInformation ServicesInformation TechnologyInternet of ThingsLocation Based ServicesMarine TechnologySustainability

Blue Ocean Gear provides sensored tracking buoys to address the commercial fishing industry's informational and environmental challenges

San Mateo, United States
May 2023
Series A

Founder Contacts

19,000+ verified contacts

3D TechnologyAugmented RealityMachinery ManufacturingManufacturingMarketingSalesSoftware

Visao revolutionizes manufacturer communication with 3D tech. Empowering creativity, productivity & success.

Quebec, Canada
May 2022
Grant

Founder Contacts

19,000+ verified contacts

CleanTechMiningNatural ResourcesOil and GasSustainabilityWaste ManagementWater Purification

EnviCore is an R&D company that specializes in developing technologies that are essential for improving natural resource development.

Calgary, Canada
April 2025
Grant

Founder Contacts

19,000+ verified contacts

3D PrintingArtificial Intelligence (AI)BiotechnologyLife Science

Biotech company developing bioprinted tissue therapeutics to transform how we treat disease.

Vancouver, Canada
April 2026
$115.0M
Grant

Founder Contacts

19,000+ verified contacts

Advanced MaterialsBuilding MaterialCarbon CaptureCleanTechConstructionWaste Management

Carbon Upcycling develops technology to produce local, low-carbon cement materials from CO₂ emissions and industrial byproducts

Calgary, Canada
April 2026
Debt Financing

Founder Contacts

19,000+ verified contacts

MiningMining TechnologyNatural Resources

Jetti is a technology-driven natural resources company that makes it possible to extract copper from low-grade primary sulfides.

Boulder, United States
April 2023
Grant

Founder Contacts

19,000+ verified contacts

BatteryElectric VehicleRenewable Energy

Mangrove Lithium is a lithium refining and materials technology company that produces battery-grade lithium hydroxide and lithium carbonate.

Delta, Canada
April 2026
$35.0M
Grant

Founder Contacts

19,000+ verified contacts

PC GamesSoftwareVideo Games

Shifty Eye Studios is a game studio that specializes in the development of software games for visitors.

Calgary, Canada
March 2024
Grant

Founder Contacts

19,000+ verified contacts

EducationOnline Games

Ampere applies STEAM to deliver unique learning programs promoting health, wellness, and growth in rural and remote communities.

Lindsay, Canada
March 2026
Grant

Founder Contacts

19,000+ verified contacts

CharityComputerEducationNon ProfitTraining

Digital Moment offers youth programs in coding, AI, and digital literacy, working with educators and volunteers.

Montréal, Canada
February 2025
Grant

Founder Contacts

19,000+ verified contacts

Showing 1-25 of 146 portfolio companies

Frequently Asked Questions About Government of Canada

How many companies has Government of Canada invested in?

Government of Canada has invested in 146 companies tracked in our database. The portfolio spans multiple industries and funding stages, from seed-stage startups to late-stage companies.

What industries does Government of Canada invest in?

Government of Canada's top investment sectors include Biotechnology, Software, CleanTech, Mining, Artificial Intelligence (AI). The firm invests across 68 different industry categories.

What is Government of Canada's largest investment?

Among tracked funding rounds, Aspect Biosystems received $115.0M in a Grant round. Government of Canada's total known invested capital is $1.4B.

What is the average investment size for Government of Canada?

Government of Canada's average investment size is $17.0M across its portfolio of 146 companies.

What are Government of Canada's most recent investments?

Recent Government of Canada portfolio additions include Renaissance BioScience, Metaspectral, Canvass AI, Ananda Devices, Aurora Hydrogen. These companies were founded in 2020 or later.

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