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

## FACIT
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 5
- Stages: Seed, Pre-Seed
- Focus: Biotechnology, Health Care, Pharmaceutical

We transform the most promising oncology innovations into highly competitive opportunities that benefit patients, researchers, investors, and Ontario's economy.

## E-Fund
- Type: VC Fund
- Location: Vancouver, Alberta, Canada
- Relevant deals: 5
- 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.

## Real Ventures
- Type: VC Fund
- Location: Montréal, Quebec, Canada
- Relevant deals: 5
- 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

## Apjohn ventures
- Type: VC Fund
- Location: Kalamazoo, Michigan, United States
- Relevant deals: 4
- Stages: Series A, Series C
- Focus: Health Care, Biotechnology, Life Science

Apjohn Ventures Fund is a new venture capital firm based in Kalamazoo, Michigan established to invest primarily in early stage life sciences companies across the Midwest. The goal of the Fund is to provide investors with superior financial returns by making equity investments in innovative life sciences companies with sustainable and outstandinggrowth potential.

## Radical Ventures
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: Artificial Intelligence, Software, Machine Learning

Radical Ventures is an early-stage venture capital firm investing in entrepreneurs applying deep technology to transform massive industries.

## MEDTEQ+
- Type: VC Fund
- Location: Montreal, Quebec, Canada
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Health Care, Medical Device, Biotechnology

A voice in setting the standards, best practices and processes in health technologies ; a privileged access to 190+ members

## Amplitude Venture Capital
- Type: VC Fund
- Location: Montréal, Quebec, Canada
- Relevant deals: 3
- Stages: Series A, Series B, Seed
- Focus: Biotechnology, Health Care, Therapeutics

We stand proudly on a foundation of deep experience and a demonstrable body of success creating, building, and growing break-out companies.

## Anges Quebec
- Type: VC Fund
- Location: Quebec, Quebec, Canada
- Relevant deals: 3
- Stages: Seed, Angel
- Focus: Health Care, Software, Artificial Intelligence

Value-added investors for innovative entrepreneurs.

## Ramen Ventures
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Angel
- Focus: Biotechnology, Health Care, Medical Device

We angel invest in founders who will improve the lives of millions. Based in Toronto, Canada.

## Yaletown Partners
- Type: VC Fund
- Location: Vancouver, British Columbia, Canada
- Relevant deals: 2
- 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.

## 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.

## Golden Ventures
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 2
- 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.

## Toronto Innovation Acceleration Partners
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 2
- Stages: Pre-Seed, Seed
- Focus: Health Care, Biotechnology, Software

MaRS Innovation (MI) is a commercialization engine that integrates, centralizes and accelerates time to market of the discovery and intellectual property assets from its 15 world-class research institutions. MI’s discovery and innovation pipeline is derived from $1 billion in annual R&D funding. Created as a not-for-profit organizationthrough the Government of Canada’s Center of Excellence for Commercialization and Research program (CECR), MI has raised $50 million from federal and provincial governments, member institutions and industry partners. MI’s vision is to transform the Toronto-based research enterprise into one of world’s most successful commercialization clusters.Through detailed, market facing due diligence, MI identifies opportunities from Canada’s largest academic cluster for further development and commercialization through project management, intellectual property management, investment and technology development. By crossing the innovation gap, MI transforms these opportunities into successful high-value licensing transactions and financeable start-up companies.

## Ontario Centres of Excellence
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 2
- 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

## Desjardins Venture Capital
- Type: VC Fund
- Location: Lévis, Quebec, Canada
- Relevant deals: 2
- 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.

## iGan Partners
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Health Care, Medical, Medical Device

iGan Partners is the largest venture capital firm investing in Canada providing capital & expertise to help scale healthcare innovations

## Hazelview Ventures
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed
- Focus: Software, Aerospace, Architecture

Hazelview Ventures provide entrepreneurs with a unique opportunity to refine, scale, and showcase product and service capabilities.

## LVL1 Group
- Type: VC Fund
- Location: Limassol, Limassol, Cyprus
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Software, Health Care, Apps

LVL1 Group is a private investment management firm, operating across different asset classes and geographies. We were founded with entrepreneurial spirit at our core, with a natural passion for venture investing, working closely with founders to forge meaningful strategic relationships and helping them to succeed. We are not bound by mandates andinvestment periods, which allows us to be flexible and opportunistic. We look for companies that aim to make a strong global impact, particularly in Online Travel, Gaming, eSports, Content and Community Platforms.

## Sustainable Development Technology Canada
- Type: VC Fund
- Location: Ottawa, Ontario, Canada
- Relevant deals: 2
- Stages: Grant, Seed
- Focus: Energy, Manufacturing, Software

At Sustainable Development Technology Canada (SDTC), they fund Canadian cleantech projects and coach the companies that lead them as they move their ground-breaking technologies to market.SDTC’s support of cleantech translates into jobs, growth, and export opportunities for Canadian companies, as well as economic, environmental and healthbenefits for all Canadians. They are independent but don’t work alone. A big part of their role is building and sustaining networks of partners and stakeholders from private industry, academia and governments, at home and abroad. They operate at arm’s length and receive funding from the Government of Canada.

## 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.

## BDC Venture Capital
- Type: VC Fund
- Location: Calgary, Alberta, Canada
- Relevant deals: 2
- 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.

## Angel Forum
- Type: VC Fund
- Location: Vancouver, British Columbia, Canada
- Relevant deals: 2
- Stages: Seed, Angel, Pre-Seed
- Focus: Biotechnology, Health Care, Software

Founded 16 years ago in 1997, it is the only Angel Capital Forum ™ in Canada that introduces emerging companies to private equity Angel Investors. Presenting companies have raised over $35 million directly through the Forum. Read this third party blog comment and video overview. Since 1998, it has offered Investor Ready ™ workshops for companies& investors.As the oldest & largest angel network in Western Canada with 50+ investors (from Vancouver, Calgary, Edmonton, Kelowna, Victoria, Bellingham and Seattle), they are supported by leading organizations in BC and belong to Canada's National Angel Capital Organization and US's Angel Capital Association. Their private meetings are exclusive to only pre-registered Investors, selected Companies and Sponsors. Regretfully no observers except volunteers.

## StandUp Ventures
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Software, Artificial Intelligence, Machine Learning

StandUp Ventures is a venture capital firm investing in female-founded companies in the B2B software and digital health sector.The firm is led by a team of experienced investors who have assembled a diverse advisory committee. The advisory committee is comprised of successful founders, venture investors, and other strategic mentors who willprovide high-touch support to the entrepreneurs. StandUp Ventures catalyzes strong deal flow across Canada from its network and syndicate seed rounds with Angels and US VCs.

## Afore Capital
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Health Care, Internet

Afore Capital backs product-centric founders at the pre-seed stage exclusively. The investment team brings 16 years of founding product experience (Android and Twitter) and 7 years of institutional investing experience (Founder Collective and Foundation Capital). Their sweet spot is the ~$1M pre-seed round, where they can lead the round as aninstitutional investor alongside high value angels.

## WUTIF
- Type: VC Fund
- Location: Vancouver, British Columbia, Canada
- Relevant deals: 2
- 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.

## Innovate Calgary
- Type: VC Fund
- Location: Calgary, Alberta, Canada
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Health Care, Medical, Medical Device

Innovate Calgary is a central innovation hub at the University of Calgary. See our programs and fundings and learn more about our innovation hubs here.

## OS Fund
- Type: VC Fund
- Location: Park Ridge, Illinois, United States
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Biotechnology, Health Care, Health Diagnostics

We partner with future literate entrepreneurs who understand our unique time and place in history, with the ambition to author a better future for humanity.

## Mitacs
- Type: VC Fund
- Location: Vancouver, British Columbia, Canada
- Relevant deals: 1
- Stages: Grant, Seed
- Focus: Health Care, Software, Information Technology

Mitacs is a national, not-for-profit organization that has designed and delivered research and training programs in Canada for more than 19 years. Working with 60 universities, more than 6,000 companies, and both federal and provincial governments, we build partnerships that support industrial and social innovation in Canada.

## Carnegie Asset Management
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 1
- Stages: Series C
- Focus: Biotechnology, Pharmaceutical, Genetics

Carnegie Asset Management is a focused and independent asset manager. Their objective is to deliver consistent, long term asset growth for their clients. The combination of a unique investment philosophy based on careful stock-picking and long-term global trends coupled with a stable team of experienced portfolio managers, has over the past 20years resulted in world-class investment results.

## HBM Healthcare Investments AG
- Type: VC Fund
- Location: Zug, Zug, Switzerland
- Relevant deals: 1
- Stages: Series B, Series C, Series A
- Focus: Biotechnology, Health Care, Medical

As a venture capital company, HBM BioVentures is invested globally in some 40 mature emerging companies in the biotechnology/human medicine, diagnostics and medical technology sectors. The primary products of HBM BioVentures' portfolio companies are either at an advanced stage of development or already available on the market. The companyfocuses on unquoted emerging companies, with two-thirds are invested in private companies that offer high value creation potential. This has enabled HBM BioVentures to carve out a unique and distinctive market position. HBM BioVentures has a broad shareholder base and is listed on the SIX Swiss Exchange (ticker: HBMN).

## Capital Angel Network
- Type: VC Fund
- Location: Ottawa, Ontario, Canada
- Relevant deals: 1
- 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.

## Sandpiper Ventures
- Type: VC Fund
- Location: Halifax, Nova Scotia, Canada
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Wellness, Productivity Tools

We provide a platform where women investors and founders can radically disrupt the venture capital environment.

## Gradient Ventures
- Type: VC Fund
- Location: Mountain View, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, Artificial Intelligence, Information Technology

Gradient Ventures helps founders build transformational companies. Backed by Google, the fund focuses on helping founders navigate the challenges in developing new technology products, using the latest best practices in recruiting, marketing, design, and engineering so that great ideas can come to life. Built by founders, Gradient started in 2017and is based in Palo Alto, California. For more information, visit www.gradient.com.

## Sherbrooke Innopole
- Type: VC Fund
- Location: Sherbrooke, Quebec, Canada
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Manufacturing, Health Care, Biotechnology

Sherbrooke Innopole is the economic development organization of the City of Sherbrooke which serves the industrial and tertiary-engine sectors. We provide free support to entrepreneurs in the industrial and technological sectors in Sherbrooke towards success.

## Orchard Venture Partners
- Type: VC Fund
- Location: Chicago, Illinois, United States
- Relevant deals: 1
- Stages: Series B, Series A
- Focus: Biotechnology, Therapeutics, Health Care

OCV Partners is a Los Angeles based venture capital firm that invests in companies with differentiated technologies in compelling target markets.

## Natural Sciences and Engineering Research Council of Canada (NSERC)
- Type: VC Fund
- Location: Ottawa, Ontario, Canada
- Relevant deals: 1
- Stages: Grant, Seed
- Focus: Health Care, Biotechnology, Education

NSERC is a Canadian government agency that provides grants for research in the natural sciences and in engineering.

## Western Technology Investment
- Type: VC Fund
- Location: Portola Valley, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, Health Care, Information Technology

Since 1980, WTI has helped more than 1,300 companies across every innovation sector finance their growth while minimizing dilution.

## 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.

## Rho Canada Ventures
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Software, Analytics, E-Commerce

Rho Canada Ventures is a division of Rho Capital Partners focusing on early-stage investing in Canada’s most innovative technology companies.The Rho Canada Ventures team comprises a unique combination of entrepreneurial, operational, and venture investment experience in the United States and Canada. With a combined 80 years of experience, RhoCanada Ventures offers entrepreneurs the expertise to turn Canadian innovators into global leaders. Rho Canada Ventures' portfolio companies are a diverse group of investments that span new media, mobile applications, wireless infrastructure, semiconductors and materials, and software.

## Whitesell Group
- Type: VC Fund
- Location: Muscle Shoals, Alabama, United States
- Relevant deals: 1
- Stages: Seed
- Focus: Software, Aerospace, Architecture

Manufacturing & supply chain management: Engineered, specialty & standard fasteners, CNC precision machined components, parts for automotive, aerospace defense, & other industries

## Octane
- Type: VC Fund
- Relevant deals: 1

## MVI Finance
- Type: VC Fund
- Relevant deals: 1
- Focus: Genetics, Life Science, Biotechnology

MVI Finance was added in 2010.

## Ontario Institute For Regenerative Medicine
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 1

Ontario Institute For Regenerative Medicine is a biotechnology emergency medicine company.

## Centre for Commercialization of Cancer Immunotherapy
- Type: VC Fund
- Relevant deals: 1

## Biofund
- Type: VC Fund
- Location: Siena, Toscana, Italy
- Relevant deals: 1
- Stages: Seed
- Focus: Genetics, Medical, Health Care

BIOFUND SpA, established by Fondazione Monte dei Paschi, Bank Monte dei Paschi , Finanziaria Senese di Sviluppo e Fidi Toscana, provides the initial seed capital for companies located in the incubator of Toscana Life Sciences in Siena.

## National Research Council of Canada Industrial Research Assistance Program
- Type: VC Fund
- Location: Ottawa, Ontario, Canada
- Relevant deals: 1
- Stages: Grant, Seed
- Focus: Biotechnology, Software, Health Care

National Research Council of Canada Industrial Research Assistance Program

## General Catalyst
- Type: VC Fund
- Location: Cambridge, Massachusetts, United States
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Software, Health Care, Internet

Investing in powerful, positive change that endures

## Intermountain Healthcare
- Type: VC Fund
- Location: Salt Lake City, Utah, United States
- Relevant deals: 1
- Stages: Series C, Series A, Series B
- Focus: Health Care, Medical, Biotechnology

Helping people live the healthiest lives possible is our mission. As a non-profit integrated system Intermountain Health strives to deliver higher quality at sustainable costs.

## Ferguson Ventures
- Type: VC Fund
- Location: Newport News, Virginia, United States
- Relevant deals: 1
- Stages: Series B, Series A, Seed
- Focus: Construction, Software, Architecture

Ferguson Enterprises is committed to driving and enabling innovation in the commercial and residential construction, remodel and services industries. As part of this commitment Ferguson Ventures has been established as the Corporate Venture capital and strategic partnering arm for Ferguson.Ferguson Ventures invests in and partners with earlythrough late stage companies that are solving industry challenges, able to add value to our partners, scale across our customer base and dominate in their space. Ferguson’s industry leading position, deep expertise, national branch network, and deep customer and vendor relationships will accelerate our partners’ ability to scale.Ferguson Ventures is focused on finding partners who can help meet the needs of our customers, enabling them to succeed in today’s ever evolving marketplace and be better prepared for tomorrow’s. We support endeavors that include:Connected Ecosystems – We seek opportunities to replace, enable, or create processes that will streamline and strengthen value chains across the industryDigital Experiences – Creating a best-in-class customer experience with industry leading contentEmerging Technology – Exploring and leveraging emerging technologies to enhance customer and associate experiences through Augmented / Virtual Reality, Internet of Things (IoT), Artificial Intelligence and Machine Learning

## Horizons Ventures
- Type: VC Fund
- Location: Hong Kong, Hong Kong Island, Hong Kong
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Biotechnology, Artificial Intelligence, Software

Investing in the deep science and technology that can propel humanity towards a radically better future.

# 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