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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
Swarmio Media2023Grant$5.7MSydney
Livestock and Forage Centre of Excellence2023Grant$6.6MSaskatoon
Blue Ocean Gear2023Series A$4.2MSan Mateo
Bioimaging Research Solutions2023Grant$1.0MGuelph
AAVAA2023Grant$1.3MMontréal
PowerCo2023Grant$512.8MSalzgitter
Merinio2023Seed$1.6MMontréal
GIP Togo2023Grant$1.2MLomé
Eating Disorders Nova Scotia2023Grant$1.3MHalifax
Quantum Industry Canada2023Grant$1.4MToronto

Complete List of Government of Canada Portfolio Companies (146)

Export
#CompanyStageAmountLocation
101Swarmio MediaGrant$5.7MSydney, Canada
102Livestock and Forage Centre of ExcellenceGrant$6.6MSaskatoon, Canada
103Blue Ocean GearSeries A$4.2MSan Mateo, United States
104Bioimaging Research SolutionsGrant$1.0MGuelph, Canada
105AAVAAGrant$1.3MMontréal, Canada
106PowerCoGrant$512.8MSalzgitter, Germany
107MerinioSeed$1.6MMontréal, Canada
108GIP TogoGrant$1.2MLomé, Togo
109Eating Disorders Nova ScotiaGrant$1.3MHalifax, Canada
110Quantum Industry CanadaGrant$1.4MToronto, Canada
BlockchainCloud ComputingCloud InfrastructureeSportsEthereumInformation TechnologySoftware

Swarmio Media is an innovative technology company delivering a network intelligence and optimization platform

Sydney, Canada
June 2023
$5.7M
Grant

Founder Contacts

19,000+ verified contacts

Livestock

Livestock and Forage Centre of Excellence focuses on beef, bison and forage research.

Saskatoon, Canada
June 2023
$6.6M
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
$4.2M
Series A

Founder Contacts

19,000+ verified contacts

AgTechBiotechnologyFood Processing

Bioimaging Research Solutions strives to streamline and enhance the food-production system at all stages - from farm to consumer.

Guelph, Canada
May 2023
$1.0M
Grant

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
$1.3M
Grant

Founder Contacts

19,000+ verified contacts

BatteryIndustrial ManufacturingManufacturing

PowerCo's development is the next phase in expanding the global battery business.

Salzgitter, Germany
April 2023
$512.8M
Grant

Founder Contacts

19,000+ verified contacts

Human ResourcesSoftwareWeb Development

Merinio is a cloud based software designed to increase operational efficiency in dynamic and complex business environments.

Montréal, Canada
April 2023
$1.6M
Seed

Founder Contacts

19,000+ verified contacts

ManufacturingRenewable EnergySemiconductor

GIP Togo is a manufacturing firm that makes renewable semiconductor with the help scrap and waste.

Lomé, Togo
March 2023
$1.2M
Grant

Founder Contacts

19,000+ verified contacts

CharityHealth CareSocial

Eating Disorders Nova Scotia is a community-based, charitable organisation.

Halifax, Canada
March 2023
$1.3M
Grant

Founder Contacts

19,000+ verified contacts

CommunitiesConsultingNon Profit

Quantum Industry Canada ensure that quantum innovation and talent is translated into Canadian business success and economic prosperity.

Toronto, Canada
March 2023
$1.4M
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
March 2023
$2.7M
Grant

Founder Contacts

19,000+ verified contacts

EducationInformation TechnologyTraining

Lighthouse Labs is a technology education company that trains students to find long-term jobs in the digital workforce.

Toronto, Canada
February 2023
$21.2M
Grant

Founder Contacts

19,000+ verified contacts

Mental HealthNon Profit

Black Mental Health Canada is a NPO that help meet the mental health needs of the diverse Black communities.

Mississauga, Canada
February 2023
$1.5M
Grant

Founder Contacts

19,000+ verified contacts

Civil EngineeringConstructionEnergyEnvironmental Engineering

CarbiCrete is a carbon removal technology that develops innovative, low-cost building solutions that reduce greenhouse gas emissions.

Montréal, Canada
November 2022
$5.0M
Convertible Note

Founder Contacts

19,000+ verified contacts

ArtAudioSocial

Spectrum Productions is a charitable organization.

Montréal, Canada
November 2022
$465K
Grant

Founder Contacts

19,000+ verified contacts

Advanced MaterialsAerospaceBlockchainCleanTechRetail TechnologyRisk ManagementSupply Chain Management

Creative Destruction Lab (CDL) is a no-fee/no-equity mentoring program for the founders and executives of pre-seed stage ventures.

Toronto, Canada
October 2022
$1.6M
Series Unknown

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
$3.3M
Series A

Founder Contacts

19,000+ verified contacts

Energy

Novus Earth Energy is an innovation-driven corporation that develops and implements decarbonized technologies.

Calgary, Canada
June 2022
$5.0M
Grant

Founder Contacts

19,000+ verified contacts

Tourism

Northwest Territories Tourism is a not-for-profit organization.

Yellowknife, Canada
June 2022
$475K
Grant

Founder Contacts

19,000+ verified contacts

CharityConsultingFitnessHealth CareMental HealthWellness

Strongest Families Institute is a charity that provides bilingual mental health services utilizing social science research.

Lower Sackville, Canada
May 2022
$1.3M
Grant

Founder Contacts

19,000+ verified contacts

Asset ManagementEmbedded SoftwareEnterprise SoftwareFinancial ExchangesFinTechFunding PlatformHedge FundsWealth Management

BuyProperly provides Software for Fund services called ASHTA (Fund Admin, LP Portals, Fund onboarding as a SaaS and API white label)

Toronto, Canada
May 2021
$1.7M
Seed

Founder Contacts

19,000+ verified contacts

EdTechSkill AssessmentSocial ImpactYoung Adults

A tech-enabled education social enterprise that provides training on digital, soft and life skills for people in Myanmar.

Yangon, Myanmar
December 2020
$188K
Grant

Founder Contacts

19,000+ verified contacts

BiotechnologyGeneticsHealth CarePharmaceutical

Precision NanoSystem provides Neuro9Kit for the study of gene function in neurons and glia cells.

Vancouver, Canada
October 2020
$18.2M
Grant

Founder Contacts

19,000+ verified contacts

BlockchainInformation Technology

Mavennet provides private enterprise blockchain solutions.

Toronto, Canada
October 2020
$86K
Grant

Founder Contacts

19,000+ verified contacts

CleanTechEnvironmental EngineeringRecyclingRenewable EnergyWaste ManagementWaterWater Purification

E2metrix develops and commercializes wastewater and recirculated water systems to remove targeted contaminants for a variety of industries,

Sherbrooke, Canada
September 2020
$3.9M
Grant

Founder Contacts

19,000+ verified contacts

Showing 101-125 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 Health Care, Information Technology, Blockchain, Software, Charity. The firm invests across 74 different industry categories.

What is Government of Canada's largest investment?

Among tracked funding rounds, PowerCo received $512.8M 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 Swarmio Media, Livestock and Forage Centre of Excellence, Blue Ocean Gear, Bioimaging Research Solutions, AAVAA. These companies were founded in 2020 or later.

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