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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
TOP Glaciers2025Debt Financing$2.5MMontréal
Aspect Biosystems2025Series B$115.0MVancouver
Evercloak2024Grant$250KWaterloo
Laserax2024Series C$45.5MQuebec
NPower Canada2024Grant$2.9MToronto
NOVONIX-Battery Technology Solutions2024Grant$94KBedford
Ananda Devices2024Grant$256KMontréal
Chemolex2024Non Equity AssistanceUndisclosedNairobi
H552024Series C$22.6MSion
Aurora Hydrogen2024Grant$3.0MEdmonton

Complete List of Government of Canada Portfolio Companies (146)

Export
#CompanyStageAmountLocation
76TOP GlaciersDebt Financing$2.5MMontréal, Canada
77Aspect BiosystemsSeries B$115.0MVancouver, Canada
78EvercloakGrant$250KWaterloo, Canada
79LaseraxSeries C$45.5MQuebec, Canada
80NPower CanadaGrant$2.9MToronto, Canada
81NOVONIX-Battery Technology SolutionsGrant$94KBedford, Canada
82Ananda DevicesGrant$256KMontréal, Canada
83ChemolexNon Equity AssistanceUndisclosedNairobi, Kenya
84H55Series C$22.6MSion, Switzerland
85Aurora HydrogenGrant$3.0MEdmonton, Canada
Food and BeverageFood ProcessingRecipes

TOP Glaciers is a food manufacturing company that produces and sells frozen desserts such as natural ice creams and sorbets.

Montréal, Canada
January 2025
$2.5M
Debt Financing

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)BiotechnologyLife Science

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

Vancouver, Canada
January 2025
$115.0M
Series B

Founder Contacts

19,000+ verified contacts

Environmental ConsultingManufacturingRenewable Energy

Evercloak is a cleantech startup that specializes in manufacturing ultra-thin graphene and other 2D nanomaterial films.

Waterloo, Canada
November 2024
$250K
Grant

Founder Contacts

19,000+ verified contacts

LaserMachinery Manufacturing

Laserax manufactures industrial laser machines and systems for laser marking and laser cleaning.

Quebec, Canada
October 2024
$45.5M
Series C

Founder Contacts

19,000+ verified contacts

EmploymentNon ProfitTraining

NPower Canada is a charitable organization that launches underserved young adults into meaningful and sustainable IT careers.

Toronto, Canada
October 2024
$2.9M
Grant

Founder Contacts

19,000+ verified contacts

Electric VehicleEnergyRenewable EnergySemiconductor

NOVONIX-Battery Technology Solutions researches and develops battery testing equipment.

Bedford, Canada
October 2024
$94K
Grant

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
$256K
Grant

Founder Contacts

19,000+ verified contacts

Clean EnergyCleanTechRenewable EnergyWaste Management

Chemolex has developed an method for capturing plastic waste in rivers through clean energy and waste management.

Nairobi, Kenya
July 2024
Non Equity Assistance

Founder Contacts

19,000+ verified contacts

AerospaceElectronicsManufacturing

H 55 is developing certified technology solutions to make aviation clean, quite, efficient, affordable and ultimative autonomous.

Sion, Switzerland
July 2024
$22.6M
Series C

Founder Contacts

19,000+ verified contacts

Industrial Manufacturing

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

Edmonton, Canada
July 2024
$3.0M
Grant

Founder Contacts

19,000+ verified contacts

Business DevelopmentLogisticsSupply Chain Management

eSupply Canada is a company that sells office, cleaning, and industrial supplies online.

First South, Canada
June 2024
$20K
Grant

Founder Contacts

19,000+ verified contacts

CharityNon ProfitSocial Assistance

Chinese Canadian Museum is a non-profit organization dedicated to building and managing public museum.

Vancouver, Canada
May 2024
$204K
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
$582K
Grant

Founder Contacts

19,000+ verified contacts

CommunitiesService IndustryWomen's

Kaleo Collective is a safe, loving group for single mothers.

Edmonton, Canada
January 2024
$394K
Grant

Founder Contacts

19,000+ verified contacts

AgTechArtificial Intelligence (AI)FarmingMachine LearningRobotics

Transforming how robots learn, from code to demonstration. Making intelligent automation accessible to all.

Burnaby, Canada
January 2024
$500K
Seed

Founder Contacts

19,000+ verified contacts

Health CareHospital

Center of Aging and Brain Health Innovation is a service center that supports aging and brain health sector.

Toronto, Canada
December 2023
$39.2M
Grant

Founder Contacts

19,000+ verified contacts

AgTechAnalyticsArtificial Intelligence (AI)Internet of ThingsMachine Learning

SomaDetect provides dairy farmers with the information they need to produce the best possible milk.

Thornhill, Canada
November 2023
$500K
Grant

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)ContentEdTechE-LearningMachine LearningPredictive Analytics

Created by Tech Spark, the Spark Plug platform uses ethical data and youth culture to personalize education for middle school students.

Toronto, Canada
November 2023
$292K
Pre-Seed

Founder Contacts

19,000+ verified contacts

Non ProfitTraining

Palette Skills is a national non-profit funded in part by the Government of Canada's Sectoral Initiatives Program.

Toronto, Canada
October 2023
$600K
Grant

Founder Contacts

19,000+ verified contacts

EnergyMineralOil and Gas

Energy Safety Canada is a oil and gas energy company located in Calgary.

Calgary, Canada
September 2023
$14.8M
Grant

Founder Contacts

19,000+ verified contacts

Environmental ConsultingRenewable Energy

BioFuelNet Canada mobilizes the Canadian biofuels research, industrial, governmental and investment communities.

Montreal, Canada
August 2023
$5.3M
Grant

Founder Contacts

19,000+ verified contacts

CleanTechEnvironmental ConsultingInformation Services

Bird Canada holds the exclusive license from bird rides to operate their micro-mobility platform in canada.

Toronto, Canada
August 2023
$367K
Grant

Founder Contacts

19,000+ verified contacts

CommunitiesTravel

Camping Aventure Megantic provides tourist clientele with a multi-purpose vacation resort in a vast quality environment.

Lac-mégantic, Canada
August 2023
$877K
Grant

Founder Contacts

19,000+ verified contacts

LeisureTourismTravel

Mont-Orford is the hub of the daily lifestyle of the ski resort, its golf club, and its events throughout the year.

Quebec, Canada
August 2023
$500K
Grant

Founder Contacts

19,000+ verified contacts

CharityCommunitiesNon Profit

K'asho Got'ine Housing Society focuses on addressing housing issues in Fort Good Hope

Fort Good Hope, Canada
August 2023
$328K
Grant

Founder Contacts

19,000+ verified contacts

Showing 76-100 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 Artificial Intelligence (AI), Renewable Energy, Non Profit, Environmental Consulting, Manufacturing. The firm invests across 52 different industry categories.

What is Government of Canada's largest investment?

Among tracked funding rounds, Aspect Biosystems received $115.0M in a Series B 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 TOP Glaciers, Aspect Biosystems, Evercloak, Laserax, NPower Canada. These companies were founded in 2020 or later.

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