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

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| FACIT | 5 | Canada, United States | Seed, Pre-Seed | Biotechnology, Health Care, Pharmaceutical |
| E-Fund | 5 | Canada, China, United States | Seed, Pre-Seed | Health Care, Medical Device, Software |
| Real Ventures | 5 | Canada, United States | Seed, Series A, Series B | Software, Artificial Intelligence, Machine Learning |
| Apjohn ventures | 4 | United States, Canada | Series A, Series C | Health Care, Biotechnology, Life Science |
| Radical Ventures | 3 | Canada, United States, United Kingdom | Seed, Series A, Series B | Artificial Intelligence, Software, Machine Learning |
| MEDTEQ+ | 3 | Canada | Seed, Series A | Health Care, Medical Device, Biotechnology |
| Amplitude Venture Capital | 3 | Canada, United States, Israel | Series A, Series B, Seed | Biotechnology, Health Care, Therapeutics |
| Anges Quebec | 3 | Canada, Spain, United States | Seed, Angel | Health Care, Software, Artificial Intelligence |
| Ramen Ventures | 2 | Canada, United States | Seed, Pre-Seed, Angel | Biotechnology, Health Care, Medical Device |
| Yaletown Partners | 2 | Canada, United States, Belgium | Series A, Series B | Software, Enterprise Software, Information Technology |
| Innovacorp | 2 | Canada, Australia, United States | Seed, Grant | Software, Information Technology, Health Care |
| Golden Ventures | 2 | Canada, United States, Japan | Seed, Series A, Series B | Software, Artificial Intelligence, Information Technology |
| Toronto Innovation Acceleration Partners | 2 | Canada, United States | Pre-Seed, Seed | Health Care, Biotechnology, Software |
| Ontario Centres of Excellence | 2 | Canada, United States | Seed, Grant, Pre-Seed | Software, Information Technology, Health Care |
| Desjardins Venture Capital | 2 | Canada, United States | Seed, Series A | Software, Information Technology, Manufacturing |
| iGan Partners | 2 | Canada, United States, United Kingdom | Seed, Series A | Health Care, Medical, Medical Device |
| Hazelview Ventures | 2 | Canada | Seed | Software, Aerospace, Architecture |
| LVL1 Group | 2 | Canada, United States, United Kingdom | Seed, Series A, Series B | Software, Health Care, Apps |
| Sustainable Development Technology Canada | 2 | Canada, United States, Brazil | Grant, Seed | Energy, Manufacturing, Software |
| Panache Ventures | 2 | Canada, United States, Israel | Seed, Pre-Seed, Series A | Software, Information Technology, Artificial Intelligence |
| BDC Venture Capital | 2 | Canada, United States, Japan | Series A, Seed | Software, Information Technology, Internet |
| Angel Forum | 2 | Canada, United States | Seed, Angel, Pre-Seed | Biotechnology, Health Care, Software |
| StandUp Ventures | 2 | Canada | Seed, Series A, Series B | Software, Artificial Intelligence, Machine Learning |
| Afore Capital | 2 | United States, Canada, India | Seed, Series A, Pre-Seed | Software, Health Care, Internet |
| WUTIF | 2 | Canada | Seed, Pre-Seed, Series A | Health Care, Software, Biotechnology |
| Innovate Calgary | 2 | Canada, United States | Seed, Pre-Seed | Health Care, Medical, Medical Device |
| OS Fund | 1 | United States, Canada | Series A, Seed, Series B | Biotechnology, Health Care, Health Diagnostics |
| Mitacs | 1 | Canada | Grant, Seed | Health Care, Software, Information Technology |
| Carnegie Asset Management | 1 | Canada, Switzerland, United States | Series C | Biotechnology, Pharmaceutical, Genetics |
| HBM Healthcare Investments AG | 1 | United States, Switzerland, China | Series B, Series C, Series A | Biotechnology, Health Care, Medical |
| Capital Angel Network | 1 | Canada, United States | Seed, Angel | Software, Information Technology, Health Care |
| Sandpiper Ventures | 1 | Canada, United States | Seed, Series A, Pre-Seed | Software, Wellness, Productivity Tools |
| Gradient Ventures | 1 | United States, Canada, Mexico | Seed, Series A, Series B | Software, Artificial Intelligence, Information Technology |
| Sherbrooke Innopole | 1 | Canada | Seed, Pre-Seed | Manufacturing, Health Care, Biotechnology |
| Orchard Venture Partners | 1 | United States, Canada, United Kingdom | Series B, Series A | Biotechnology, Therapeutics, Health Care |
| Natural Sciences and Engineering Research Council of Canada (NSERC) | 1 | Canada | Grant, Seed | Health Care, Biotechnology, Education |
| Western Technology Investment | 1 | United States, Canada, Nigeria | Seed, Series A, Series B | Software, Health Care, Information Technology |
| Inovia Capital | 1 | Canada, United States, United Kingdom | Seed, Series A, Series B | Software, SaaS, E-Commerce |
| Rho Canada Ventures | 1 | Canada, United States, Italy | Series A, Series B, Seed | Software, Analytics, E-Commerce |
| Whitesell Group | 1 | Canada | Seed | Software, Aerospace, Architecture |
| Octane | 1 |  |  |  |
| MVI Finance | 1 | Canada |  | Genetics, Life Science, Biotechnology |
| Ontario Institute For Regenerative Medicine | 1 |  |  |  |
| Centre for Commercialization of Cancer Immunotherapy | 1 |  |  |  |
| Biofund | 1 | Canada, Russian Federation | Seed | Genetics, Medical, Health Care |
| National Research Council of Canada Industrial Research Assistance Program | 1 | Canada, Norway, Denmark | Grant, Seed | Biotechnology, Software, Health Care |
| General Catalyst | 1 | United States, United Kingdom, India | Series A, Series B, Seed | Software, Health Care, Internet |
| Intermountain Healthcare | 1 | United States, Canada, Israel | Series C, Series A, Series B | Health Care, Medical, Biotechnology |
| Ferguson Ventures | 1 | United States, Canada | Series B, Series A, Seed | Construction, Software, Architecture |
| Horizons Ventures | 1 | United States, United Kingdom, Canada | Series A, Series B, Seed | Biotechnology, Artificial Intelligence, Software |

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