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

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| District Ventures Capital | 30 | Canada, United States | Pre-Seed, Seed | Food and Beverage, Manufacturing, Retail |
| Fonds de solidarité FTQ | 24 | Canada, United States, Israel | Series A, Series B | Manufacturing, Biotechnology, Software |
| BDC Venture Capital | 22 | Canada, United States, Japan | Series A, Seed | Software, Information Technology, Internet |
| Fondaction | 18 | Canada, United States, France | Private Equity, Debt Financing | Manufacturing, Information Technology, Software |
| Real Ventures | 14 | Canada, United States | Seed, Series A, Series B | Software, Artificial Intelligence, Machine Learning |
| Government of Canada | 12 | Canada, United States, Germany | Grant, Debt Financing | Manufacturing, Health Care, Biotechnology |
| WUTIF | 11 | Canada | Seed, Pre-Seed, Series A | Health Care, Software, Biotechnology |
| Cycle Capital | 11 | Canada, United States, Germany | Series B, Seed | Manufacturing, Energy, Electronics |
| Business Development Bank of Canada | 11 | Canada, United States, Argentina | Series A, Seed | Software, Information Technology, Manufacturing |
| Inovia Capital | 11 | Canada, United States, United Kingdom | Seed, Series A, Series B | Software, SaaS, E-Commerce |
| Anges Quebec | 10 | Canada, Spain, United States | Seed, Angel | Health Care, Software, Artificial Intelligence |
| Desjardins Venture Capital | 8 | Canada, United States | Seed, Series A | Software, Information Technology, Manufacturing |
| Sustainable Development Technology Canada | 8 | Canada, United States, Brazil | Grant, Seed | Energy, Manufacturing, Software |
| Export Development Canada | 8 | Canada, United States, India | Series B, Series A | Software, Renewable Energy, Manufacturing |
| Atlantic Canada Opportunities Agency | 8 | Canada, United States | Debt Financing, Grant, Seed | Software, Health Care, Information Technology |
| GreenSky Ventures | 6 | Canada, United States, United Kingdom | Seed, Series A | Software, Information Technology, Health Care |
| Yaletown Partners | 6 | Canada, United States, Belgium | Series A, Series B | Software, Enterprise Software, Information Technology |
| GrowthWorks Capital | 6 | Canada, United States, Japan | Series B, Series A | Software, Biotechnology, Health Care |
| Ecofuel Fund | 6 | Canada | Seed, Series A, Pre-Seed | Manufacturing, Agriculture, Information Technology |
| Angel One Network | 6 | Canada, United States, Malaysia | Angel, Seed, Series A | Software, Health Care, SaaS |
| Innovacorp | 5 | Canada, Australia, United States | Seed, Grant | Software, Information Technology, Health Care |
| Economic Development of Canada | 5 | Canada, United States | Grant, Debt Financing | Manufacturing, Software, Non Profit |
| MaRS Investment Accelerator Fund | 5 | Canada, United States | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, SaaS |
| SaskWorks Venture Fund | 5 | Canada, United States | Seed, Post-IPO Equity | Oil and Gas, Energy, Manufacturing |
| EnerTech Capital | 5 | United States, Canada, Israel | Series B, Series C | Energy, Software, Manufacturing |
| VA Angels | 5 | Canada, United States, India | Seed, Debt Financing | Health Care, Software, Information Technology |
| E-Fund | 5 | Canada, China, United States | Seed, Pre-Seed | Health Care, Medical Device, Software |
| Sherbrooke Innopole | 5 | Canada | Seed, Pre-Seed | Manufacturing, Health Care, Biotechnology |
| OMERS Ventures | 4 | Canada, United States, United Kingdom | Series A, Series B, Seed | Software, SaaS, Health Care |
| Innovate Calgary | 4 | Canada, United States | Seed, Pre-Seed | Health Care, Medical, Medical Device |
| ArcTern Ventures | 4 | Canada, United States, United Kingdom | Series A, Series B | Energy, Software, Renewable Energy |
| Momenta | 4 | United States, Switzerland, Canada | Seed, Series A, Series B | Software, Internet of Things, Artificial Intelligence |
| Ontario Centres of Excellence | 4 | Canada, United States | Seed, Grant, Pre-Seed | Software, Information Technology, Health Care |
| Bolt | 3 | United States, Canada | Seed, Pre-Seed, Series A | Software, Health Care, Internet of Things |
| Radical Ventures | 3 | Canada, United States, United Kingdom | Seed, Series A, Series B | Artificial Intelligence, Software, Machine Learning |
| Natural Products Canada | 3 | Canada | Seed, Grant, Series A | Biotechnology, Manufacturing, Food and Beverage |
| Fulmer Capital Partners | 3 | Canada, United States, France | Private Equity, Seed | Manufacturing, Software, Consumer Goods |
| Fonds Innovexport | 3 | Canada | Seed, Series A | Software, Artificial Intelligence, Machine Learning |
| Uncork Capital | 3 | United States, Canada, United Kingdom | Seed, Series A, Series B | Software, SaaS, Enterprise Software |
| Kensington Capital Partners Limited | 3 | Canada, United States, India | Series B, Private Equity | Software, E-Commerce, SaaS |
| Shell Ventures | 3 | United States, United Kingdom, Norway | Series A, Series B | Energy, Renewable Energy, Software |
| Fonds régionaux de solidarité FTQ | 3 | Canada | Post-IPO Equity, Pre-Seed | Manufacturing, Mining, Industrial Engineering |
| Capital Angel Network | 3 | Canada, United States | Seed, Angel | Software, Information Technology, Health Care |
| Startup TNT | 3 | Canada, United States | Pre-Seed, Seed | Software, Information Technology, Health Care |
| Asimov Ventures | 3 | United States, Spain, Canada | Seed, Pre-Seed | 3D Printing, Manufacturing, Medical Device |
| Klass Capital | 3 | Canada, United States, Belgium | Seed, Series A | Software, SaaS, Enterprise Software |
| Natural Resources Canada | 3 | Canada, Norway, United States | Grant, Series A | Energy, Renewable Energy, Oil and Gas |
| Desjardins-Innovatech | 3 | Canada, Spain | Seed, Series A, Series B | Software, Health Care, Manufacturing |
| VentureLink LP | 3 | Canada, United States | Series A, Series B | Manufacturing, Energy, Mobile |
| Pangaea Ventures | 3 | United States, Canada, The Netherlands | Series A, Series B, Series C | Manufacturing, Biotechnology, Health Care |

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