# Top 20 Cannabis VC (Venture Capital) Funds in Canada in May 2026 ## Green Acre Capital - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 5 - Stages: Seed, Series A - Focus: Cannabis, Consumer Goods, Marketing Green Acre Capital is a private investment fund dedicated exclusively to the Canadian medical and recreational cannabis industry. The fund invests in sectors across the cannabis value chain including production, research, consumer products and retail. ## Btomorrow Ventures - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 4 - Stages: Series A, Seed, Series B - Focus: Health Care, Wellness, Food and Beverage Btomorrow Ventures (BTV) is the corporate venturing unit of BAT. BAT is building A Better Tomorrow by reducing the health impact of its business by transforming into a truly consumer-centric multi-category CPG company. We are dedicated to partnering with ambitious and passionate entrepreneurs to realise their vision by providing a platform toenhance innovation and accelerate growth. ## 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. ## Tribune Capital - Type: VC Fund - Location: Weyburn, Saskatchewan, Canada - Relevant deals: 2 - Stages: Seed, Series A - Focus: FinTech, SaaS, Software Tribune Capital is a venture capital firm located in Weyburn, SK. ## WGD Capital - Type: VC Fund - Location: Palo Alto, California, United States - Relevant deals: 1 - Stages: Seed, Convertible Note, Series A - Focus: Cannabis, Software, Marketing WGD Capital invests in early- and expansion-stage private companies. ## LAGO Innovation Fund - Type: VC Fund - Relevant deals: 1 - Stages: Series A, Seed - Focus: Software, PaaS, Developer Tools LAGO Innovation Fund invests in companies that are engaged in disrupting the status quo in their native industries or creating de novo markets through the offering of innovative products, services, or technologies, or by creating novel technology-enabled business models aimed at enhancing efficiency, customer experience, and/or speed tomarket. ## Gotham Green Partners - Type: VC Fund - Location: Santa Monica, California, United States - Relevant deals: 1 - Stages: Series A, Series B - Focus: Cannabis, Retail, E-Commerce A leading private equity firm investing exclusively across the global cannabis industry. ## InnoStart Capital - Type: VC Fund - Location: Montréal, Quebec, Canada - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Video Games, Financial Services, E-Commerce InnoStart Capital is a small venture capital firm focusing on early-stage investments. ## Gaingels - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, Health Care, FinTech Gaingels is a venture investment syndicate in service of the LGBT+ community and its allies, investing in companies with LGBT+ founders and C-suite leaders at all stages of growth, as well as in more established companies resolved on building more inclusive teams, with a global portfolio of 130+ companies and $70M in deployed investment capital todate. The Gaingels network also actively supports its portfolio in identifying and recruiting diverse talent to their C-suite and board leadership teams and fosters a vibrant global community of industry leaders, investors, operators, and entrepreneurs who share a common goal for positive social change through business and successful investments. ## KarpReilly - Type: VC Fund - Location: Greenwich, Connecticut, United States - Relevant deals: 1 - Stages: Series A, Seed, Private Equity - Focus: Food and Beverage, E-Commerce, Retail KarpReilly, LLC is a private investment firm, founded by Allan Karp and Chris Reilly, whose primary mission is to partner with premier growth companies and help them achieve their long-term vision. KarpReilly currently manages funds and affiliates with capital commitments in excess of $500 million. Over the past 15 years, the principals ofKarpReilly have invested in, sat on the boards of and nurtured over 25 growth companies. ## Globalive Capital - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Health Care, SaaS Globalive Capital is an investment company based in Canada. The Firm makes investments primarily in the telecommunications and real estate with co-investment activities alongside venture capital funds. ## MaRS Investment Accelerator Fund - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Artificial Intelligence, SaaS Working with Ontario talent to develop World Class Companies Learn More ## Golden Section - Type: VC Fund - Location: Houston, Texas, United States - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Health Care, Analytics Golden Section is a founders studio and venture capital fund. ## Paradigm Capital - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 1 - Stages: Post-IPO Equity, Post-IPO Debt - Focus: Mining, Precious Metals, Mineral Paradigm is a research-driven investment dealer. Their sales and trading desk focuses on companies they cover. Their investment banking team provides innovative and attentive service. They believe that teamwork and long-term relationships are the key to exceptional success and growth. ## 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. ## RIV Capital - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 1 - Stages: Seed, Series A - Focus: Cannabis, AgTech, Health Care RIV Capital is a cannabis acquisition and investment firm building a leading multistate platform of brands in key strategic U.S. markets. ## Delbridge Capital Partners - Type: VC Fund - Location: Vaughan, Ontario, Canada - Relevant deals: 1 - Stages: Seed - Focus: Cannabis, Software, Compliance Delbridge Capital Partners accelerates successful enterprise software start-ups by providing direct investments and supporting the go-to-market strategy and execution in the early stages of start-up growth. Delbridge invests in start-ups focusing on enterprise corporate technologies solving complex business problems in the areas of corporatefinance, sales, data management, and cybersecurity. Delbridge Capital Partners are experienced owners and operators of successful B2B enterprise software companies. Delbridge supports its portfolio companies in scaling their businesses by providing access to Delbridge’s extensive network of enterprise customers, capital markets, sales channels and talent. ## GTMfund - Type: VC Fund - Location: Austin, Texas, United States - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Software, SaaS, Artificial Intelligence Let us help you go from 0 to IPO. We're investing $10 million per year into early-stage companies (pre-Series A), specializing in B2B SaaS. ## Anges Quebec - Type: VC Fund - Location: Quebec, Quebec, Canada - Relevant deals: 1 - Stages: Seed, Angel - Focus: Health Care, Software, Artificial Intelligence Value-added investors for innovative entrepreneurs. ## Ontario Brain Institute - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 1 - Stages: Grant, Seed - Focus: Health Care, Medical, Biotechnology The Ontario Brain Institute works to establish Ontario as a world leader in brain research, commercialization and care. # 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