# Top 50 Enterprise VC (Venture Capital) Funds in Canada in May 2026 ## BDC Venture Capital - Type: VC Fund - Location: Calgary, Alberta, Canada - Relevant deals: 88 - 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. ## MaRS Investment Accelerator Fund - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 76 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Artificial Intelligence, SaaS Working with Ontario talent to develop World Class Companies Learn More ## Real Ventures - Type: VC Fund - Location: Montréal, Quebec, Canada - Relevant deals: 72 - 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 ## Inovia Capital - Type: VC Fund - Location: Montréal, Quebec, Canada - Relevant deals: 58 - 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. ## New Brunswick Innovation Foundation - Type: VC Fund - Location: Fredericton, New Brunswick, Canada - Relevant deals: 52 - 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. ## Business Development Bank of Canada - Type: VC Fund - Location: Montréal, Quebec, Canada - Relevant deals: 47 - Stages: Series A, Seed - Focus: Software, Information Technology, Manufacturing We are BDC, the bank for Canadian entrepreneurs. We support small and medium-sized businesses in all industries and at every stage of growth with money and advice. We are the Business Development Bank of Canada. ## Ontario Centres of Excellence - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 47 - Stages: Seed, Grant, Pre-Seed - Focus: Software, Information Technology, Health Care The Ontario Centres of Excellence invests in projects and people to accelerate industry R&D to impact the Ontario economy through the commercialization of leading edge research.OCE invests in- Industry-Academic collaborative research- Commercialization of academic research through licensing and spin off companies- Early stage seedfinancing of start-ups- Skills development for high quality personnelThe Ontario Centres of Excellence is a not-for-profit corporation founded in 1987. Core funding is provided by the Ontario Ministry of Research and Innovation ## Panache Ventures - Type: VC Fund - Location: Montréal, Quebec, Canada - Relevant deals: 44 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Information Technology, Artificial Intelligence Canada's leading nationwide pre-seed venture fund. ## Anges Quebec - Type: VC Fund - Location: Quebec, Quebec, Canada - Relevant deals: 37 - 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: 33 - 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. ## Desjardins Venture Capital - Type: VC Fund - Location: Lévis, Quebec, Canada - Relevant deals: 32 - Stages: Seed, Series A - Focus: Software, Information Technology, Manufacturing Desjardins Capital makes it easy to grow your business with financial and strategic support. Investment capital and venture capital can help you meet your business goals. ## Export Development Canada - Type: VC Fund - Location: Ottawa, Ontario, Canada - Relevant deals: 32 - 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. ## Angel One Network - Type: VC Fund - Location: Burlington, Ontario, Canada - Relevant deals: 29 - Stages: Angel, Seed, Series A - Focus: Software, Health Care, SaaS Angel One Network Inc. is a member-based, not-for-profit organization. ## Golden Ventures - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 28 - Stages: Seed, Series A, Series B - Focus: Software, Artificial Intelligence, Information Technology Golden Ventures is a leading seed-stage venture capital fund, based in Toronto and investing across North America. We back bold teams and their transformative ideas. ## VA Angels - Type: VC Fund - Location: Calgary, Alberta, Canada - Relevant deals: 28 - Stages: Seed, Debt Financing - Focus: Health Care, Software, Information Technology VA Angels, one of Canada’s leading angel investment groups, has member locations in Calgary, Edmonton, Kelowna and Winnipeg. Since 2003 they have done 57 deals worth $28.5 million and are one of the most active angel groups in Canada. ## Yaletown Partners - Type: VC Fund - Location: Vancouver, British Columbia, Canada - Relevant deals: 26 - Stages: Series A, Series B - Focus: Software, Enterprise Software, Information Technology Yaletown Partners specializes in investing in software, data, and device technologies. It invests in technology companies that improve industry and enterprise productivity and sustainability, to help accelerate their growth, shorten exit timeframes, and accomplish strong exit premiums.With offices in Vancouver, Calgary, Montréal, and a growingpresence in Toronto, Yaletown is led by a national team that contributes almost 100 years of technology-industry experience and a network of extensive industry relationships. ## WUTIF - Type: VC Fund - Location: Vancouver, British Columbia, Canada - Relevant deals: 26 - Stages: Seed, Pre-Seed, Series A - Focus: Health Care, Software, Biotechnology WUTIF Capital (VCC) Inc. is a novel angel fund that co-invests with angel investors in promising new technology ventures in British Columbia. WUTIF was formed in mid-2003 and made its first investments in late 2004. ## GrowthWorks Capital - Type: VC Fund - Location: Vancouver, British Columbia, Canada - Relevant deals: 25 - Stages: Series B, Series A - Focus: Software, Biotechnology, Health Care Invest in our experienceGrowthWorks* offers you more: more accountability, more experience and more proven know-how to make the most of your investment.A principled approach to adding valueOver the last 20 years, we've built GrowthWorks into one of Canada's venture capital management companies. We've done that by managingfunds that rigorously follow core principles: structure strategic investments in growth-oriented companies, value portfolio assets conservatively, build vital industry connections and minimize risk through diversification. It's a simple formula that delivers powerful results.Regional know-how. National ReachAt GrowthWorks, we offer regionally based retail venture capital funds (RVCs) right across Canada.GrowthWorks specializes in the management of and growth of regionally based venture capital funds. The funds under management include the following RVCs: Working Opportunity Fund, GrowthWorks Commercialization Fund and GrowthWorks Atlantic Venture Fund.Partners in performanceWe have specialized teams in each of our core sectors to identify and structure investments in potential winners. These skilled teams also help create success by helping the companies that GrowthWorks managed funds invest in to grow with strategic management support and advice. This way, the companies get guidance from experienced leaders. In turn, the funds’ investors know that these companies receive direction to help them thrive. ## Hedgewood - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 24 - 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. ## Capital Angel Network - Type: VC Fund - Location: Ottawa, Ontario, Canada - Relevant deals: 23 - Stages: Seed, Angel - Focus: Software, Information Technology, Health Care Our goal is to build the region's entrepreneurial community, to make the region the best place to start a business and to facilitate access to investment opportunities for qualified investors. ## OMERS Ventures - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 22 - Stages: Series A, Series B, Seed - Focus: Software, SaaS, Health Care OMERS Ventures Home Page. ## Brightspark Ventures - Type: VC Fund - Location: Montréal, Quebec, Canada - Relevant deals: 22 - 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. ## Right Side Capital Management - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 21 - 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. ## Relay Ventures - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 21 - Stages: Seed, Series A, Series B - Focus: Software, Mobile, Apps We view founders as partners. We bring capital, networks, and experience, and our founders bring expertise, teams, and dreams. ## Round13 Capital - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 21 - Stages: Series A, Seed, Series B - Focus: Software, SaaS, Information Technology Round13 Capital are different than a typical Venture Capital fund. Round13 are more than just capital, and are a thought partner for management with deep experience in building businesses. ## East Valley Ventures - Type: VC Fund - Location: Saint John, New Brunswick, Canada - Relevant deals: 20 - Stages: Seed, Angel - Focus: Software, Information Technology, SaaS East Valley is a startup accelerator and angel investor group in Atlantic Canada. ## Atlantic Canada Opportunities Agency - Type: VC Fund - Location: Moncton, New Brunswick, Canada - Relevant deals: 19 - Stages: Debt Financing, Grant, Seed - Focus: Software, Health Care, Information Technology The Atlantic Canada Opportunities Agency works to create opportunities for economic growth in Atlantic Canada by helping businesses become more competitive, innovative and productive, by working with diverse communities to develop and diversify local economies, and by championing the strengths of Atlantic Canada. Together, with Atlantic Canadians,we are building a stronger economy. ## Accelerate Fund - Type: VC Fund - Location: Calgary, Alberta, Canada - Relevant deals: 19 - Stages: Series A, Seed - Focus: Software, Information Technology, Health Care Accelerate Fund supports the growth of early-stage Alberta technology companies with a multi million dollar fund that combines co-investment from angel investors. ## Garage Capital - Type: VC Fund - Location: Waterloo, Ontario, Canada - Relevant deals: 19 - 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. ## Mistral Venture Partners - Type: VC Fund - Location: Ottawa, Ontario, Canada - Relevant deals: 17 - Stages: Seed, Series A, Series B - Focus: Software, SaaS, Internet Mistral Venture Partners is a seed-stage venture capital firm that invests in early-stage technology companies. The firm invests in startups that solve critical business problems, regardless of the business model– enterprise software, B2B SaaS, marketplaces, etc. It also partners with founders who value experience, commitment, and the higheststandards of integrity and respect. ## Wesley Clover - Type: VC Fund - Location: Ottawa, Ontario, Canada - Relevant deals: 17 - Stages: Seed, Series A - Focus: Software, SaaS, Information Technology Terry Matthews is founder and Chairman of Wesley Clover. Since 1972, Terry has founded or funded more than 100 companies, including Mitel and Newbridge Networks. Today, Wesley Clover has interests around the world in next-generation companies focused on technologies and applications across many industries. ## TELUS Ventures - Type: VC Fund - Location: Vancouver, British Columbia, Canada - Relevant deals: 17 - Stages: Series C, Series B - Focus: Software, Health Care, Information Technology TELUS Ventures strives to seamlessly connect millions of people, companies, and communities by strategically investing in the most advanced and innovative solutions that have the potential to drive significant growth, impact and scale and are strategically aligned to the broader TELUS mandate. ## Globalive Capital - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 16 - 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. ## Fondaction - Type: VC Fund - Location: Clarke City, Quebec, Canada - Relevant deals: 16 - Stages: Private Equity, Debt Financing - Focus: Manufacturing, Information Technology, Software Since its creation in 1996, Fondaction has been based on the belief that it is not only possible to do things differently in the financial and business world, it is a necessity.Fondaction helps Québecers prepare for retirement by offering affordable retirement savings to everyone. The savings collected are invested in companies across Québec.This way, Fondaction helps create and maintain quality jobs, contributing to a stronger, more equitable and greener economy.Created in 1996, Fondaction is a labour-sponsored fund with assets in excess of one billion dollars collected as retirement savings from more than 131,000 shareholders. Fondaction's direct investments and those made through investment funds support the development of more than 1 050 SMEs in different lines of business, in large part involved in various components of the social economy.Fondaction has always been resolutely committed to socially responsible finance, from the moment it was created. The principles of sustainable development are integrated in everything it does. Whether investing in businesses directly or in capital markets, Fondaction always applies the principles of responsible investment to the money entrusted by its savers.Fondaction was one of the first institutions in Québec to make accountability reports an obligation in an effort to improve its practices and contribute to moving sustainable development forward in Québec. It produced its first report on sustainable development in 2006 in accordance with the international standards of the Global Reporting Initiative (GRI), the highest standards of precision and transparency in economic, social and environmental accountability.In 2010 and 2012, Fondaction remained at the forefront with its 3rd and 4th sustainable development reports, having them reviewed by an independent firm and achieving an application level of A+ from the GRI. Fondaction is the only financial institution in Québec to achieve this level.In 2014, Fondaction tabled its 5th sustainable development report, produced in accordance with the latest GRI guidelines, the G4. Fondaction also opted for Comprehensive compliance, becoming the 1st financial institution in North America and the 9th in the world to voluntarily adhere to these requirements. ## Celtic House Venture Partners - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 16 - Stages: Series B, Series A - Focus: Software, Semiconductor, Manufacturing Celtic House Venture Partners is an independent Canadian investment firm.Since 1994, Celtic House has been one of Canada’s most active investors in technology and innovation. Capitalizing on the deep domain expertise of its partners, Celtic House has consistently provided superior financial returns to its investors. Celtic House has collaboratedwith management teams and repeat entrepreneurs to develop technology companies from the inception phase through to exit, generating 25 initial public offerings and successful acquisitions.Celtic House has collaborated with management teams and repeat entrepreneurs to develop technology companies from the inception phase through to exit, generating 25 initial public offerings and successful acquisitions.From offices in Toronto and Ottawa, Celtic House manages in excess of $425 million across three funds. Celtic House is currently making new investments out of Celtic House Venture Partners Fund IV, which closed in 2012. ## GreenSky Ventures - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 15 - Stages: Seed, Series A - Focus: Software, Information Technology, Health Care GreenSky Ventures is a Toronto-based firm that makes investments in early-stage Canadian technology companies.GreenSky Ventures seeks early-stage B2B technology companies in Canada, emphasizing protectable IP and experienced management. It makes investments in early-stage technology companies through its affiliated venture capital funds, GreenSkyAccelerator Fund I, II and III. Their principals bring a unique combination of experience in technology, law, and finance to high-growth potential companies and dedicated entrepreneurs.GreenSky Capital was founded in Toronto, Ontario in 2010 by Geoff Simonett and Michael T. R. List. ## White Star Capital - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 15 - Stages: Series A, Seed, Series B - Focus: Financial Services, FinTech, Software Our presence, perspective and people enable us to partner closely with founders to help them define this future. ## E-Fund - Type: VC Fund - Location: Vancouver, Alberta, Canada - Relevant deals: 15 - 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. ## Maple Leaf Angels - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 15 - Stages: Seed, Pre-Seed, Angel - Focus: Health Care, Software, SaaS Maple Leaf Angels are an experienced group of private investors looking for great entrepreneurs, great products and great companies. Bringing together investment, experience and knowledge, we help accelerate companies to become market leaders in their industry.We focus on four main investment areas as follows:- Information Technology- CleanTechnology- Advanced Manufacturing and Materials- Special Opportunities ## Good News Ventures - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 14 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, Machine Learning We invest in founders who are driven to push the limits of what is possible ## Conconi Growth Partners - Type: VC Fund - Location: Vancouver, British Columbia, Canada - Relevant deals: 14 - Stages: Seed, Series A - Focus: Software, FinTech, Financial Services Conconi Growth Partners is committed to helping exceptional entrepreneurs build great companies. ## Golden Triangle Angel Network - Type: VC Fund - Location: Cambridge, Ontario, Canada - Relevant deals: 14 - Stages: Seed, Angel, Grant - Focus: Software, Health Care, Medical The Golden Triangle Angelnet is a not-for-profit corporation operating under the Ontario Ministry of Research and Innovation's Angel Network Program. It is a members-only organization comprised of Angel investors seeking investment opportunities in promising, early-stage businesses. In addition to the financial support, as part of theirall-encompassing commitment to assist the companies they invest in, its Angels often provide valuable mentorship and access to strong relationship capital networks to their investee companies. It is this priceless assistance that aids in the facilitation of learning, networking, and growth. ## FundersClub - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 13 - 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. ## Vanedge Capital - Type: VC Fund - Location: Vancouver, British Columbia, Canada - Relevant deals: 13 - 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. ## Bluesky Equities - Type: VC Fund - Location: Calgary, Alberta, Canada - Relevant deals: 13 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Analytics, Information Technology Bluesky is one of the most active seed-stage investors in B2B SaaS companies in Canada. ## Build Ventures - Type: VC Fund - Location: Halifax, Nova Scotia, Canada - Relevant deals: 13 - Stages: Seed, Series A, Series B - Focus: Software, SaaS, Cloud Computing The mission at Build Ventures is to help founders build companies. Period. They provide early stage capital to emerging, game-changing Atlantic Canadian technology companies. Their team has deep operational and investment experience. The startup journey can be challenging, but they know what it takes and they are here to help.They’re based inHalifax, Nova Scotia, and are focused on companies in Atlantic Canada. They like to invest after your seed round. Ideally, you have begun to build a great team, have a product solving a meaningful problem and are working in what is – or one day will become -- a huge market. ## ScaleUP Ventures - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 13 - Stages: Series A, Seed, Series B - Focus: Software, SaaS, Artificial Intelligence ScaleUP Ventures is a venture capital firm that supports creative entrepreneurs and assists with investments. It is focused on early-stage venture capital with a preference for Business-to-Business opportunities. The firm was founded in 2016 and is based in Toronto, Ontario. ## Government of Canada - Type: VC Fund - Location: Gatineau, Quebec, Canada - Relevant deals: 12 - Stages: Grant, Debt Financing - Focus: Manufacturing, Health Care, Biotechnology The Government of Canada is making it easier for Canadians to find and access government information and services online through its central website, Canada.ca. The website is the single entry point for all government information and services available online and is accessible using any device with an Internet connection, including tablets ormobile phones. Its portal shows how government works, its priorities, laws, finances, transparency, digital government, and policies. ## Killick Capital - Type: VC Fund - Location: St. John's, Newfoundland, Canada - Relevant deals: 12 - 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. ## Rhino Ventures - Type: VC Fund - Location: Vancouver, British Columbia, Canada - Relevant deals: 12 - 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. # 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