# Top 50 Hardware VC (Venture Capital) Funds in Canada in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| BDC Venture Capital | 50 | Canada, United States, Japan | Series A, Seed | Software, Information Technology, Internet |
| Real Ventures | 30 | Canada, United States | Seed, Series A, Series B | Software, Artificial Intelligence, Machine Learning |
| Business Development Bank of Canada | 27 | Canada, United States, Argentina | Series A, Seed | Software, Information Technology, Manufacturing |
| MaRS Investment Accelerator Fund | 26 | Canada, United States | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, SaaS |
| Ontario Centres of Excellence | 23 | Canada, United States | Seed, Grant, Pre-Seed | Software, Information Technology, Health Care |
| Anges Quebec | 20 | Canada, Spain, United States | Seed, Angel | Health Care, Software, Artificial Intelligence |
| New Brunswick Innovation Foundation | 16 | Canada, United States | Seed, Grant | Software, Information Technology, Analytics |
| Inovia Capital | 16 | Canada, United States, United Kingdom | Seed, Series A, Series B | Software, SaaS, E-Commerce |
| Capital Angel Network | 15 | Canada, United States | Seed, Angel | Software, Information Technology, Health Care |
| Angel One Network | 14 | Canada, United States, Malaysia | Angel, Seed, Series A | Software, Health Care, SaaS |
| Atlantic Canada Opportunities Agency | 14 | Canada, United States | Debt Financing, Grant, Seed | Software, Health Care, Information Technology |
| Right Side Capital Management | 13 | United States, Canada, United Kingdom | Seed, Pre-Seed, Convertible Note | Software, SaaS, Health Care |
| GrowthWorks Capital | 13 | Canada, United States, Japan | Series B, Series A | Software, Biotechnology, Health Care |
| Innovacorp | 12 | Canada, Australia, United States | Seed, Grant | Software, Information Technology, Health Care |
| WUTIF | 12 | Canada | Seed, Pre-Seed, Series A | Health Care, Software, Biotechnology |
| VA Angels | 11 | Canada, United States, India | Seed, Debt Financing | Health Care, Software, Information Technology |
| Golden Ventures | 11 | Canada, United States, Japan | Seed, Series A, Series B | Software, Artificial Intelligence, Information Technology |
| Fonds de solidarité FTQ | 11 | Canada, United States, Israel | Series A, Series B | Manufacturing, Biotechnology, Software |
| Celtic House Venture Partners | 11 | Canada, United States, United Kingdom | Series B, Series A | Software, Semiconductor, Manufacturing |
| Sustainable Development Technology Canada | 11 | Canada, United States, Brazil | Grant, Seed | Energy, Manufacturing, Software |
| Panache Ventures | 11 | Canada, United States, Israel | Seed, Pre-Seed, Series A | Software, Information Technology, Artificial Intelligence |
| Desjardins Venture Capital | 11 | Canada, United States | Seed, Series A | Software, Information Technology, Manufacturing |
| Export Development Canada | 10 | Canada, United States, India | Series B, Series A | Software, Renewable Energy, Manufacturing |
| Cycle Capital | 9 | Canada, United States, Germany | Series B, Seed | Manufacturing, Energy, Electronics |
| FundersClub | 9 | United States, Canada, India | Seed, Series A | Software, SaaS, Information Technology |
| Mistral Venture Partners | 9 | Canada, United States | Seed, Series A, Series B | Software, SaaS, Internet |
| Brightspark Ventures | 9 | Canada, United States | Series A, Seed, Series B | Software, Machine Learning, SaaS |
| Round13 Capital | 8 | Canada, United States | Series A, Seed, Series B | Software, SaaS, Information Technology |
| Hedgewood | 8 | Canada, United States, India | Seed, Series A | Health Care, Software, E-Commerce |
| Fonds Innovexport | 8 | Canada | Seed, Series A | Software, Artificial Intelligence, Machine Learning |
| GreenSky Ventures | 8 | Canada, United States, United Kingdom | Seed, Series A | Software, Information Technology, Health Care |
| Fondaction | 8 | Canada, United States, France | Private Equity, Debt Financing | Manufacturing, Information Technology, Software |
| Golden Triangle Angel Network | 8 | Canada, United States | Seed, Angel, Grant | Software, Health Care, Medical |
| Somel Investments | 7 | Canada | Seed, Series A | Software, Information Technology, Data Center |
| Intel Capital | 7 | United States, China, Israel | Series B, Series A, Series C | Software, Information Technology, Enterprise Software |
| ScaleUP Ventures | 7 | Canada, United States, Egypt | Series A, Seed, Series B | Software, SaaS, Artificial Intelligence |
| Maple Leaf Angels | 7 | Canada, United States | Seed, Pre-Seed, Angel | Health Care, Software, SaaS |
| Relay Ventures | 7 | United States, Canada, United Kingdom | Seed, Series A, Series B | Software, Mobile, Apps |
| Vanedge Capital | 7 | Canada, United States | Seed, Series A, Series B | Software, Artificial Intelligence, Analytics |
| Good News Ventures | 7 | Canada, United States, Portugal | Seed, Pre-Seed | Software, Information Technology, Machine Learning |
| Killick Capital | 7 | Canada, United States | Seed, Pre-Seed | Software, Information Technology, Health Care |
| Yaletown Partners | 7 | Canada, United States, Belgium | Series A, Series B | Software, Enterprise Software, Information Technology |
| Pelorus Venture Capital | 6 | Canada, United States | Seed, Pre-Seed | Software, Health Care, Computer |
| Espresso Capital | 6 | United States, Canada, United Kingdom | Debt Financing, Series B, Seed | Software, SaaS, Information Technology |
| Government of Canada | 6 | Canada, United States, Germany | Grant, Debt Financing | Manufacturing, Health Care, Biotechnology |
| Bluesky Equities | 6 | Canada, United States | Seed, Series A, Pre-Seed | Software, Analytics, Information Technology |
| OMERS Ventures | 6 | Canada, United States, United Kingdom | Series A, Series B, Seed | Software, SaaS, Health Care |
| Wesley Clover | 6 | Canada, United Kingdom, United States | Seed, Series A | Software, SaaS, Information Technology |
| Ecofuel Fund | 6 | Canada | Seed, Series A, Pre-Seed | Manufacturing, Agriculture, Information Technology |
| Ventures West | 6 | Canada, United States | Series B, Series A | Software, Biotechnology, Health 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