VC Directory
10 venture capital firms headquartered in Canada. Browse investor profiles, investment stages, sector focus and check sizes.
Canada's venture market is spread across more cities than its size suggests. Toronto, Montreal, Vancouver, Calgary and Halifax all appear on this list, and the funds in each are genuinely local rather than branch offices of one another. The market also has an anchor that most countries do not: BDC Capital, the investment arm of the Business Development Bank of Canada, invests from seed through growth and shows up alongside private funds across the country.
Artificial intelligence is the category Canada is strongest in, and the directory reflects it. Radical Ventures invests in very early AI companies with direct ties to the research community, and Georgian Partners backs growth-stage enterprise software companies applying AI and analytics. Both are in Toronto, which is also home to Creative Destruction Lab, an objective-based programme that functions as an entry point for technical companies well before a conventional seed round.
The earliest end is covered by Panache Ventures, the country's most active pre-seed fund, working with technical teams across Canada from Calgary. Version One Ventures invests at seed and Series A in business software, developer tools and fintech from Vancouver. Cambrian Ventures and FounderFuel operate from Montreal, and Acadian Ventures invests from Halifax, which is a reminder that the Atlantic provinces have their own investor rather than relying entirely on Toronto.
Climate has a dedicated seed investor in Active Impact Investments, which concentrates on climate technology and tracks emissions impact alongside financial return.
The structural fact worth planning around is that Canadian companies frequently raise early rounds domestically and growth rounds from the United States. The funds here are used to running that handoff, and a partner who has done it repeatedly is worth more than a slightly larger cheque from one who has not. Each profile below carries stage focus, sector focus, check size where disclosed, and the investment team.
Learn which startups Acadian Ventures invests in, what size check sizes they write, and who their partners are (e.g. Thomas Otter).
Canada's largest dedicated climate-tech seed fund tracking CO₂e impact
Investment arm of Business Development Bank of Canada, backing Canadian technology companies from seed to growth.
Learn which startups Cambrian Ventures invests in, what size check sizes they write, and who their partners are (e.g. Rex Salisbury).
Learn which startups Creative Destruction Lab invests in, what size check sizes they write, and who their partners are (e.g. Sonia Sennik).
Learn which startups FounderFuel invests in, what size check sizes they write, and who their partners are (e.g. Katy Yam).
Growth-stage venture firm focused on enterprise software companies leveraging AI and applied analytics.
Canada's most active pre-seed fund, investing in technical founders building innovative technology companies.
Invests in very-early to early-stage AI startups with AI research ties.
Version One Ventures is an early-stage venture capital firm that invests in transformative technology companies across North America. They focus on B2B software, fintech, and infrastructure investments with strong product-market fit indicators.
This directory profiles 10 venture capital firms headquartered in Canada, covering pre-seed and seed funds, Series A investors, growth-stage firms and corporate venture arms.
The right firm depends on your stage and sector rather than on fund size. Every profile on this page lists stage focus, sector focus and check size where the firm discloses it, so the practical approach is to filter to the stage you are raising and then read the sector focus and portfolio.
Not usually. Most firms headquartered in Canada invest across their wider region, and several invest globally. Being local still helps with warm introductions and with access to the firm's portfolio network.