# Top 20 Cannabis VC (Venture Capital) Funds in Canada in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Green Acre Capital | 5 | Canada, United States | Seed, Series A | Cannabis, Consumer Goods, Marketing |
| Btomorrow Ventures | 4 | United States, United Kingdom, India | Series A, Seed, Series B | Health Care, Wellness, Food and Beverage |
| Innovacorp | 2 | Canada, Australia, United States | Seed, Grant | Software, Information Technology, Health Care |
| Tribune Capital | 2 | Canada, United States | Seed, Series A | FinTech, SaaS, Software |
| WGD Capital | 1 | United States, Canada, United Kingdom | Seed, Convertible Note, Series A | Cannabis, Software, Marketing |
| LAGO Innovation Fund | 1 | United States, Canada, Mexico | Series A, Seed | Software, PaaS, Developer Tools |
| Gotham Green Partners | 1 | United States, Canada | Series A, Series B | Cannabis, Retail, E-Commerce |
| InnoStart Capital | 1 | Canada, Malaysia | Seed, Pre-Seed | Video Games, Financial Services, E-Commerce |
| Gaingels | 1 | United States, Canada, Germany | Seed, Series A, Series B | Software, Health Care, FinTech |
| KarpReilly | 1 | United States, Canada | Series A, Seed, Private Equity | Food and Beverage, E-Commerce, Retail |
| Globalive Capital | 1 | Canada, United States, United Kingdom | Seed, Series A | Software, Health Care, SaaS |
| MaRS Investment Accelerator Fund | 1 | Canada, United States | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, SaaS |
| Golden Section | 1 | United States, Canada | Seed, Series A | Software, Health Care, Analytics |
| Paradigm Capital | 1 | Canada, United States, Australia | Post-IPO Equity, Post-IPO Debt | Mining, Precious Metals, Mineral |
| Hedgewood | 1 | Canada, United States, India | Seed, Series A | Health Care, Software, E-Commerce |
| RIV Capital | 1 | Canada, United States, Italy | Seed, Series A | Cannabis, AgTech, Health Care |
| Delbridge Capital Partners | 1 | Canada | Seed | Cannabis, Software, Compliance |
| GTMfund | 1 | United States, Israel, United Kingdom | Series A, Seed, Series B | Software, SaaS, Artificial Intelligence |
| Anges Quebec | 1 | Canada, Spain, United States | Seed, Angel | Health Care, Software, Artificial Intelligence |
| Ontario Brain Institute | 1 | Canada, United States, France | Grant, Seed | Health Care, Medical, Biotechnology |

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