# Top 50 Medical Startup Investors in Canada in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Innovate Calgary | 12 | Canada, United States | Seed, Pre-Seed | Health Care, Medical, Medical Device |
| Anges Quebec | 12 | Canada, Spain, United States | Seed, Angel | Health Care, Software, Artificial Intelligence |
| Innovacorp | 8 | Canada, Australia, United States | Seed, Grant | Software, Information Technology, Health Care |
| iGan Partners | 7 | Canada, United States, United Kingdom | Seed, Series A | Health Care, Medical, Medical Device |
| Thin Air Labs | 6 | Canada | Seed, Series A | Health Care, Software, Medical |
| GreenSky Ventures | 6 | Canada, United States, United Kingdom | Seed, Series A | Software, Information Technology, Health Care |
| Genesys Capital | 6 | Canada, United States | Series A, Series B | Biotechnology, Health Care, Medical |
| MaRS Investment Accelerator Fund | 5 | Canada, United States | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, SaaS |
| WUTIF | 5 | Canada | Seed, Pre-Seed, Series A | Health Care, Software, Biotechnology |
| OrbiMed | 5 | United States, China, Israel | Series B, Series A, Series C | Biotechnology, Health Care, Pharmaceutical |
| Desjardins Venture Capital | 5 | Canada, United States | Seed, Series A | Software, Information Technology, Manufacturing |
| Radical Ventures | 5 | Canada, United States, United Kingdom | Seed, Series A, Series B | Artificial Intelligence, Software, Machine Learning |
| Lumira Ventures | 4 | United States, Canada | Series A, Series B | Biotechnology, Health Care, Therapeutics |
| Bluesky Equities | 4 | Canada, United States | Seed, Series A, Pre-Seed | Software, Analytics, Information Technology |
| Business Development Bank of Canada | 4 | Canada, United States, Argentina | Series A, Seed | Software, Information Technology, Manufacturing |
| BoxOne Ventures | 4 | Canada, United States, Spain | Seed, Series A, Pre-Seed | Biotechnology, Health Care, Software |
| MEDTEQ+ | 4 | Canada | Seed, Series A | Health Care, Medical Device, Biotechnology |
| Angel One Network | 4 | Canada, United States, Malaysia | Angel, Seed, Series A | Software, Health Care, SaaS |
| Accelerate Fund | 4 | Canada, United States | Series A, Seed | Software, Information Technology, Health Care |
| Threshold Impact | 4 | Canada, United States | Seed, Pre-Seed | Health Care, Medical Device, Medical |
| Boutique Venture Partners | 4 | United States, Canada, France | Seed, Series A, Pre-Seed | Health Care, Medical, Biotechnology |
| Golden Triangle Angel Network | 4 | Canada, United States | Seed, Angel, Grant | Software, Health Care, Medical |
| Panache Ventures | 3 | Canada, United States, Israel | Seed, Pre-Seed, Series A | Software, Information Technology, Artificial Intelligence |
| East Valley Ventures | 3 | Canada, United States | Seed, Angel | Software, Information Technology, SaaS |
| Real Ventures | 3 | Canada, United States | Seed, Series A, Series B | Software, Artificial Intelligence, Machine Learning |
| Atlantic Canada Opportunities Agency | 3 | Canada, United States | Debt Financing, Grant, Seed | Software, Health Care, Information Technology |
| Version One Ventures | 3 | United States, Canada, United Kingdom | Seed, Series A, Series B | Software, Internet, Blockchain |
| BDC Venture Capital | 3 | Canada, United States, Japan | Series A, Seed | Software, Information Technology, Internet |
| E-Fund | 3 | Canada, China, United States | Seed, Pre-Seed | Health Care, Medical Device, Software |
| Toronto Innovation Acceleration Partners | 3 | Canada, United States | Pre-Seed, Seed | Health Care, Biotechnology, Software |
| DCVC Bio | 3 | United States, Canada, Denmark | Series A, Seed, Series B | Biotechnology, Pharmaceutical, Therapeutics |
| Fonds de solidarité FTQ | 3 | Canada, United States, Israel | Series A, Series B | Manufacturing, Biotechnology, Software |
| Rho Canada Ventures | 3 | Canada, United States, Italy | Series A, Series B, Seed | Software, Analytics, E-Commerce |
| Hedgewood | 3 | Canada, United States, India | Seed, Series A | Health Care, Software, E-Commerce |
| 1517 Fund | 3 | United States, Canada, India | Seed, Pre-Seed, Series A | Software, Internet, Health Care |
| OS Fund | 3 | United States, Canada | Series A, Seed, Series B | Biotechnology, Health Care, Health Diagnostics |
| First Angel Network | 2 | Canada | Seed, Angel, Pre-Seed | Health Care, Biotechnology, Medical |
| Tribune Capital | 2 | Canada, United States | Seed, Series A | FinTech, SaaS, Software |
| Dessercom | 2 | Canada | Seed | Medical, mHealth, Health Care |
| Graphene Ventures | 2 | United States, Brazil, United Kingdom | Seed, Series A, Series B | Software, Health Care, E-Commerce |
| GrowthWorks Capital | 2 | Canada, United States, Japan | Series B, Series A | Software, Biotechnology, Health Care |
| Garage Capital | 2 | Canada, United States, United Kingdom | Seed, Series A, Pre-Seed | Software, Information Technology, Internet |
| The 51 Ventures | 2 | Canada, United States | Seed, Grant | Information Technology, Health Care, Software |
| Eli Lilly | 2 | United States, United Kingdom, China | Series A, Series B | Biotechnology, Health Care, Pharmaceutical |
| Red Thread Ventures | 2 | Canada, Israel | Seed, Pre-Seed, Post-IPO Equity | Health Care, E-Commerce, Biotechnology |
| Jonathan Keidan | 2 | United States, Canada, Germany | Seed, Series A, Series B | E-Commerce, Food and Beverage, Health Care |
| Killick Capital | 2 | Canada, United States | Seed, Pre-Seed | Software, Information Technology, Health Care |
| Pelorus Venture Capital | 2 | Canada, United States | Seed, Pre-Seed | Software, Health Care, Computer |
| CTI Capital | 2 | Canada, Spain, Singapore | Series A, Series B | Biotechnology, Medical, B2B |
| Fusion Fund | 2 | United States, Canada, Norway | Seed, Series A | Artificial Intelligence, Software, Health Care |

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