# Top 50 B2B VC (Venture Capital) Funds in Canada in May 2026 ## MaRS Investment Accelerator Fund - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 5 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Artificial Intelligence, SaaS Working with Ontario talent to develop World Class Companies Learn More ## BDC Venture Capital - Type: VC Fund - Location: Calgary, Alberta, Canada - Relevant deals: 5 - Stages: Series A, Seed - Focus: Software, Information Technology, Internet BDC Venture Capital is a major venture capital investor in Canada, active at every stage of the company's development cycle, from seed through expansion, with a focus on technology-based businesses that have high growth potential and that are positioned to become dominant players in their markets. The company helps create and develop strongCanadian businesses through financing, consulting services and securitization, with a focus on small and medium-sized enterprises.BDC Venture Capital has been involved in venture capital since 1975 and has to date invested in more than 400 companies involved in the areas of Life Sciences, Telecommunications, Information Technology and Advanced Technologies. ## Two Small Fish Ventures - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 3 - Stages: Seed, Series A - Focus: Software, E-Commerce, Artificial Intelligence We are an early stage venture capital firm that invests globally in early-stage, transformative tech companies with strong network effects. ## Angel One Network - Type: VC Fund - Location: Burlington, Ontario, Canada - Relevant deals: 3 - Stages: Angel, Seed, Series A - Focus: Software, Health Care, SaaS Angel One Network Inc. is a member-based, not-for-profit organization. ## 1517 Fund - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 3 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Internet, Health Care 1517 Fund is an early stage venture capital fund that supports teams led by dropouts, deep-tech scientists & founders working outside of tracked institutions. ## OMERS Ventures - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 3 - Stages: Series A, Series B, Seed - Focus: Software, SaaS, Health Care OMERS Ventures Home Page. ## Anges Quebec - Type: VC Fund - Location: Quebec, Quebec, Canada - Relevant deals: 2 - Stages: Seed, Angel - Focus: Health Care, Software, Artificial Intelligence Value-added investors for innovative entrepreneurs. ## Innovacorp - Type: VC Fund - Location: Halifax, Nova Scotia, Canada - Relevant deals: 2 - Stages: Seed, Grant - Focus: Software, Information Technology, Health Care Innovacorp is an early-stage venture capital firm that helps knowledge-based startups commercialize their technologies in the global marketplace. It invests in early stage Nova Scotia entrepreneurs, combining venture capital with business mentoring and incubation facilities. Innovacorp was established in 1995 and based in Halifax, Canada. ## E-Fund - Type: VC Fund - Location: Vancouver, Alberta, Canada - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Health Care, Medical Device, Software The E-Fund (VANTEC Entrepreneurs Fund VCC Inc.) was established in 2011 to invest in promising new ventures in British Columbia in a wide range of industry sectors. They are focused on co-investing with other angel investors and early-stage venture capital firms in seed-stage companies with high growth opportunities.The E-Fund involvesspecific investors in the investment due diligence process depending on their industry experience and knowledge and their particular technical expertise. It is their goal to become the ‘Go-to Braintrust’ for active and in-depth angel investing. ## Concrete Ventures - Type: VC Fund - Location: Halifax, Nova Scotia, Canada - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, SaaS, Information Technology Concrete Ventures finds great ideas and founders in Atlantic Canada that are ready to build massively scalable businesses and work with them to grow their businesses. ## Connetic Ventures - Type: VC Fund - Location: Covington, Kentucky, United States - Relevant deals: 2 - Stages: Seed, Pre-Seed, Convertible Note - Focus: Software, Food and Beverage, Artificial Intelligence Connetic Ventures is an investment firm that provides its services to early stage startup companies.The firm participates with venture capital firms and angel syndicates for companies that are in the seed stage. It focuses on developing core investment strategies and deploying them on startups to build up their portfolios. Connetic Ventures wasfounded by Brad Zapp in 2015. It is headquartered in Covington, Kentucky. ## Panache Ventures - Type: VC Fund - Location: Montréal, Quebec, Canada - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Information Technology, Artificial Intelligence Canada's leading nationwide pre-seed venture fund. ## Active Impact Investments - Type: VC Fund - Location: North Vancouver, British Columbia, Canada - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, SaaS, CleanTech We support environmental resiliency through profitable investment. We provide capital and talent to accelerate the growth of early-stage climate tech ventures catalyzing the transition from finite to infinite sources of energy, food, water & products. ## Georgian Angel Network - Type: VC Fund - Location: Detroit, Michigan, United States - Relevant deals: 2 - Stages: Seed, Angel, Pre-Seed - Focus: Health Care, B2B, Internet Connecting angel investors with entrepreneurs to commercialize their innovations. We are the catalysts for your investments or business. Learn more. ## Brightspark Ventures - Type: VC Fund - Location: Montréal, Quebec, Canada - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: Software, Machine Learning, SaaS Brightspark Ventures invests in early stage Canadian software companies.Brightspark has been investing in the Canadian VC industry since 1999. Over the last 20 years, the company has refined its focus to the point where it choose what it believes to be the best early-stage opportunities in the market. The company's goal is to findexceptional startups, and work closely with these companies as they grow to achieve stellar returns.We have structured our investments to allow individual accredited investors to invest with us. We have found that individual investors share the same goals as us when investing: they too want to invest in startups with CEOs that are focused on creating massive returns.This model also benefits our portfolio companies, who appreciate having a network of investors they don’t necessarily have to "manage". By leading the investment and actively working as the gatekeeper for the company, Brightspark ensures that the company can grow to its full potential without being distracted or becoming unfocused. This model attracts some of the best companies in Canada. ## New Brunswick Innovation Foundation - Type: VC Fund - Location: Fredericton, New Brunswick, Canada - Relevant deals: 2 - Stages: Seed, Grant - Focus: Software, Information Technology, Analytics Director of Investments Every half-year, the Canadian Venture Capital Association (CVCA) reports on the status of venture capital investment in Canada, and the 2021-H1 edition is impressive. ## Hello Ventures - Type: VC Fund - Location: Victoria, British Columbia, Canada - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Software, B2B, SaaS Hello Ventures operates as a venture capital firm. ## Powerhouse Ventures - Type: VC Fund - Location: Oakland, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Energy, Solar Powerhouse Ventures backs entrepreneurs building the digital infrastructure for rapid decarbonization. ## Vanedge Capital - Type: VC Fund - Location: Vancouver, British Columbia, Canada - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, Artificial Intelligence, Analytics Vanedge Capital is a venture capital firm which invests in the enterprise software, cloud infrastructure, security, digital media and cloud computing sectors. The firm targets companies that are post-revenue with a fast-growing user base and have demonstrated product market fit. ## Garage Capital - Type: VC Fund - Location: Waterloo, Ontario, Canada - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Information Technology, Internet Built by founders, for founders. Garage Capital helps best-in-class companies jump from garage to growth. ## FundersClub - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, SaaS, Information Technology FundersClub focuses on Seed and early stage investments. Investments include Coinbase, Instacart, Flexport, Le Tote, Teespring, Memebox, GitLab.FundersClub is the world's first online venture capital platform. Backed by Y Combinator, First Round Capital, Spark Capital, Intel Capital, Draper, Andreessen Horowitz, Felicis Ventures, and more;FundersClub Inc. was founded in 2012 and is based in the United States. ## Rhino Ventures - Type: VC Fund - Location: Vancouver, British Columbia, Canada - Relevant deals: 2 - Stages: Seed, Series A - Focus: Financial Services, Software, Education There is more to choosing an investor than selecting the term sheet with the highest valuation. Strategic capital, in its true form, extends the founding team’s capacity. That’s what we do at Rhino. We invest in companies where we can add tangible value. We’ve been on the other side of the table and appreciate the importance of funder and founderalignment. From startup, growth to exit; it is entrepreneurial ambition that drives value, not venture capitalists. We invest in individuals; trust and values fit are a centerpiece in every investment. ## Right Side Capital Management - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 2 - Stages: Seed, Pre-Seed, Convertible Note - Focus: Software, SaaS, Health Care Right Side Capital Management is a venture capital firm that helps startups build their company. It invests exclusively in the pre-seed round of technology startups and makes 75-100 investment per year. The firms prefers to invest in diversified technology sectors such as the internet and cloud companies.RSCM was established in 2010 and is basedin San Francisco, California. ## TIMIA Capital - Type: VC Fund - Location: Vancouver, British Columbia, Canada - Relevant deals: 2 - Stages: Debt Financing, Series A - Focus: Software, SaaS, Information Technology TIMIA Capital is a specialty finance company focused on providing growth capital to B2B and SaaS companies. ## Stacked Capital - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Financial Services, FinTech, Software Stacked Capital is an early-stage venture fund investing in various technology companies. The firm utilizing a systematic approach for screening and sourcing investment opportunities, including venture accelerators, incubators, seed funds, as well as direct investments. It uses a strict systemic approach to evaluate ventures for strong businessfundamentals and a path to profitability.Stacked Capital was founded in 2017 and is headquartered in New York, NY, United States. ## Killick Capital - Type: VC Fund - Location: St. John's, Newfoundland, Canada - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, Health Care Killick Capital is a leading Atlantic Canadian private equity firm, dedicated to partnering with Atlantic Canadian businesses and Aerospace businesses. Our team of professionals work closely with portfolio companies to maximize success. ## Real Ventures - Type: VC Fund - Location: Montréal, Quebec, Canada - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, Artificial Intelligence, Machine Learning Real Ventures is an early-stage venture firm focused on serving daring entrepreneurs with the ambition to create successful, global companies. Since 2007, Real Ventures has dedicated itself to building the Canadian startup ecosystem on the belief that people, not money, build game-changing companies. Real Ventures provides stage-specific guidance,mentorship, and access to networks and resources to fast-track founders’ personal and company growth. Real Ventures manages $325 million across five funds and its active portfolio of 100+ companies is currently valued at $10 billion. www.realventures.com ## Dream Maker Ventures (DMV) - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 1 - Stages: Seed, Series A - Focus: E-Commerce, Software, Fashion Investing in early-stage tech companies with founding teams inclusive of diverse entrepreneurs such as #Women and #PersonsofColour. ## Export Development Canada - Type: VC Fund - Location: Ottawa, Ontario, Canada - Relevant deals: 1 - Stages: Series B, Series A - Focus: Software, Renewable Energy, Manufacturing Export Development Canada (EDC) is a Crown corporation dedicated to assisting Canadian businesses of all sizes in achieving global success. It provides them with the tools they need to grow their business with confidence, including trade knowledge, financial solutions, equity, insurance, and connections. ## Framework Venture Partners - Type: VC Fund - Location: Vancouver, British Columbia, Canada - Relevant deals: 1 - Stages: Series A, Series B - Focus: Software, SaaS, E-Commerce Framework is a top-performing venture fund that discovers, develops and scales the next generation of world-class technologies, through a unique founder-centric approach to active capital. ## Graphite Ventures - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Machine Learning, Artificial Intelligence Graphite Ventures is an investment firm. ## Canso Investment Counsel - Type: VC Fund - Location: Richmond Hill, Ontario, Canada - Relevant deals: 1 - Stages: Series A - Focus: B2B, SaaS, Retail Canso Investment Counsel Ltd. was founded in 1997. Their business is the fundamental valuation of financial securities and the management of investment portfolios.Canso is a private company that is owned by its investment professionals.Their offices are in Richmond Hill, Ontario, Canada. They are registered as a Portfolio Manager with allten Canadian provinces.They are a member of the Portfolio Management Association of Canada.Canso Investment Counsel Ltd. claims compliance with the CFA Institute Asset Manager Code of Professional Conduct. This claim has not been verified by CFA Institute.They comply with the Code of Ethics and Standards of Professional Conduct and Standards of Practice of the CFA Institute.They comply with National Instrument 24-101 Trade Matching and Settlement. ## Klass Capital - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, SaaS, Enterprise Software We acquire high quality and mission-critical software businesses with great people. ## Verissimo Ventures - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Information Technology, Artificial Intelligence We invest in early stage companies and help turn finance and operations into a strategic asset. We are hands-on from day one and bring a breadth of experience in addition to our network to each of our portfolio companies. We believe that success depends on the founders and the market, but that failure can come from the many pitfalls along theway - we exist to help companies avoid those pitfalls and realize their full potential. Our investment focus is outstanding entrepreneurs with companies that leverage differentiated technology to disrupt big markets through innovative business models. We typically invest between the pre-seed and Series A stage alongside a broad range of co-investors in the US, Israel and Europe, and aim to make very efficient investment decisions. ## M12 - Microsoft's Venture Fund - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Software, Artificial Intelligence, Machine Learning M12 are a venture capital fund, by Microsoft. Our investment teams are based globally to support your business from start up funding to Series C investment. ## Hedgewood - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 1 - Stages: Seed, Series A - Focus: Health Care, Software, E-Commerce Hedgewood is an investment firm active in venture capital, internet businesses, real estate, specialty finance, asset management, and private equity. ## Asymmetry Ventures - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Health Care, Biotechnology Asymmetry Ventures invests in scalable early-stage companies with exceptional defensibility. ## Conexus Credit Union - Type: VC Fund - Location: Regina, Saskatchewan, Canada - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, Information Technology, E-Commerce Conexus is Saskatchewan's largest and Canada's sixth largest credit union. Conexus has $7.14 billion in total funds managed and more than 120,000 members being provided personalized service at 41 branches across the province. ## SaaS Capital - Type: VC Fund - Location: Cincinnati, Ohio, United States - Relevant deals: 1 - Stages: Debt Financing, Series B - Focus: Software, SaaS, Information Technology SaaS Capital offers debt-based growth financing as alternative, non-dilutive capital for SaaS Companies versus venture debt, venture capital, and term loans. ## Pender Ventures - Type: VC Fund - Location: Vancouver, British Columbia, Canada - Relevant deals: 1 - Stages: Series A, Secondary Market - Focus: Software, CRM, B2B Based in Vancouver, BC, Pender Ventures invests in data centric startups in health-tech, enterprise software, and industrial transformation. ## Bearing Capital - Type: VC Fund - Location: Herzliya, Tel Aviv, Israel - Relevant deals: 1 - Stages: Series A - Focus: E-Commerce, B2B, SaaS Bearing Capital is private, family-backed investment firm focused on investments in innovative, high-growth consumer companies ## Inovia Capital - Type: VC Fund - Location: Montréal, Quebec, Canada - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, SaaS, E-Commerce We support entrepreneurs at every stage of their journey and build technology companies that generate a positive impact on society. ## Keiretsu Forum Northwest - Type: VC Fund - Location: Seattle, Washington, United States - Relevant deals: 1 - Stages: Series A, Seed - Focus: Health Care, Software, Biotechnology Keiretsu Forum is a community of private equity investors, business leaders and entrepreneurs with a network of over 50 global chapters and more than 2,500 investor members. ## University Growth Fund - Type: VC Fund - Location: Salt Lake City, Utah, United States - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: FinTech, Information Technology, E-Commerce University Growth Fund is the largest education-based private equity fund in the country, giving university students the opportunity to gain real-world experience as they invest alongside top tier investors in many of the best companies in the country. ## Thomvest Ventures - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Series B, Series C, Series A - Focus: Financial Services, FinTech, Software Thomvest is a cross-stage venture capital firm specializing in early-stage, growth stage, start-up, and mid venture investments. The company primarily focuses on opportunities with early-to-mid stage companies in the fields of financial technology, marketing technology, cybersecurity, sales, and cloud infrastructure sectors. As part of their focuson these areas, they are committed to helping their companies become leaders in their fields through their work with them and through the focus on understanding where value can be created in these industries, as can be seen from the research they publish regularly.Thomvest Ventures was founded in 1996 and is headquartered in San Francisco, California, United States. ## EchoVC Partners - Type: VC Fund - Location: Lagos, Lagos, Nigeria - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Information Technology, E-Commerce, Software EchoVC Partners is a seed and early-stage venture capital firm focused on financing and cross-pollinating leading technologies, teams, business models, and knowledge across North America, Africa, and SE Asia. The average investment size ranges from $25,000 to several million dollars depending on the stage of opportunity and capital needs of thebusiness. ## Archangel - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Seed, Series A, Series C - Focus: Artificial Intelligence, Machine Learning, Information Technology Archangel is a New York-based Angel Investor. ## Energy Impact Partners - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Software, Energy, Renewable Energy Energy Impact Partners (EIP) is a collaborative strategic investment firm that invests in companies optimizing energy consumption and improving sustainable energy generation. Through close collaboration with its strategic investor base, EIP seeks to bring the best companies, buying power and vision in the industry to bear on the emerging energy landscape. ## Trellis Capital - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Analytics, B2B, Big Data Trellis Capital Corporation provides growth capital to proprietary technology companies in the Industrial, Manufacturing, Alternative Energy and IT Infrastructure sectors. This includes companies that have developed unique materials for use in a variety of applications. These companies must derive their competitive advantage through thedevelopment, or unique utilization of technology in the products or services they sell.Trellis invests between $0.5-$2MM in the form of customized equity capital and works as a partner in enhancing value to the business. Trellis has access to larger amounts if the opportunity so necessitates. ## N49P - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Financial Services, Machine Learning N49P is a venture capital firm focused on ideas to seed-stage Canadian technology startups. # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co