Top 50 Transportation VC (Venture Capital) Funds in Canada in October 2023

Portfolio highlights

• Cognota — Synapse helps companies around the world improve the productivity of their corporate learning and development teams. Our award-winning software streamlines training intake, project and capacity planning, and content design processes to make training teams more digital, agile, and efficient.This first-of-its-kind software allows our customers toget better visibility into the training needs of their businesses and consolidate the disparate tools they are using so they can access capacity data for better decision making and author course content with unprecedented speed.Collaboration with subject matter experts takes place directly within the platform ensuring knowledge is effectively captured and easy to update as required.The Synapse mission is to enable more people to learn and grow. Founded in 2015, Synapse has clients in multiple sectors and is based out of Toronto Canada with offices in San Diego and Merida, Mexico. For more information about Synapse software, visit www.getsynapse.com.
• InnerSpace — InnerSpace is the fastest way to transform your business and power the hybrid workplace strategy. Transforming workplace experience with insights into how people use a space and create innovative solutions that drive revenue and improve operations to hybrid offices.
• Carbon Upcycling — Carbon Upcycling Technologies (“CUT”) was formed to use the pollution of today to build the materials of tomorrow by converting CO2 gas into solid products. CUT sells advanced solid products derived from greenhouse emissions and cheaply available solids. Since 2014, CUT has scaled its ability to convert CO2 emissions into value-add end materials byover a million times. Through its portfolio of CO2-derived solid nanoparticles, CUT has technically validated its solutions for use in plastics, coatings, epoxy, adhesives, concrete, lithium-ion battery, and pharmaceutical industries. CUT recently launched a consumer brand called Expedition Air.CUT commercialized a corrosion-resistant coating, utilizing its nanoparticles, in 2017, becoming the youngest CO2 utilization company to generate commercial revenue (<2.5 years since inception) and has since been confirmed as one of the top CO2 utilization companies in the world as a winner of the X-Factor Award in the NRG COSIA Carbon XPRIZE. CUT has been named as a Solar Impulse Efficient Solution label recipient, a funding recipient of Fundación Repsol Entrepreneurs Fund, and a winner of the 2019 76West Clean Technology Competition.CUT’s most advanced product is its CO2-embedded concrete additive. In 2018, CUT graduated from the LafargeHolcim Accelerator in France and has continued conversations and testing with the company since then. CUT is also partnered with Burnco and Cemex. CUT’s commercial demonstration at the Alberta Carbon Conversion Technology Centre produces over 20 tonnes of concrete additives in a day. The product reduces the carbon footprint of concrete manufacturing by up to 25% while increasing the compressive strength of concrete by up to 40%.

Portfolio highlights

• Uride — Welcome to Uride - your reliable and affordable ridesharing service with a community-focus. Enjoy the ease of quick pickups, lower fares, and a user-friendly app designed to make your travels smoother. Start riding today!
• ventureLAB — At ventureLAB, we grow globally competitive tech titans that build-to-scale in Canada, for global markets.
• Novel Biotechnology — Novel Biotechnology operates as a biotechnology company and develops innovative solutions for plasmid DNA production.

Portfolio highlights

• FlipGive — Free tools to simplify team money management and lower team fees. Earn cashback, balance the budget, accept fee payments, get a team spend card, and more.
• Arolytics — Build, manage, and execute the most efficient emissions management program custom to your oil and gas operations.
• Clear Blue Technologies — Clear Blue Technologies, the Smart Off-Grid company, combines green energy with the proven advantages of communications and cloud technology to power and control off-grid lighting, security and mobile solutions. We are ushering in a new age of off-grid systems, that deliver the reliability of grid connected systems but are environmentally friendly,less costly, and can be monitored and controlled over the Internet.

Portfolio highlights

• Novisto — Novisto's sustainability management software enables companies to create value from their ESG initiatives. Request a demo today!
• Cohere — Cohere provides access to advanced Large Language Models and NLP tools through one easy-to-use API. Get started for free.
• Plenty — Plenty makes it easy for modern partners to invest and plan for their future together. Effortlessly invest like the 1% and turn your goals and dreams into reality.

Portfolio highlights

• dcbel — dcbel's mission is to deliver energy that lets people live a life without compromise.dcbel™ (formerly known as Ossiaco) sits at the nexus of residential solar power, electric vehicle charging, the smart home, and customer-centric utilities. The dcbel team has a proven history of rethinking energy distribution for everything from largeutility customers to distributed energy resource providers.dcbel's AI-driven sustainable technologies enable people to leverage solar energy to power their cars, their homes, and their lifestyles.dcbel has numerous worldwide patents in power electronics and power conversion and is backed by a number of globally respected investors.
• HumanFirst — The complete productivity suite to transform natural language into business insights and AI training data
• BIOS — BIOS Health is unlocking the potential of the nervous system in treating chronic disease by using AI-powered neural interfaces that can automatically read and write neural signals.

Portfolio highlights

• Niricson — Niricson Software has developed a proprietary damage assessment software platform paired with a patent-pending drone-based data collection technology that helps infrastructure owners inspect their structures (e.g. hydro dams) in a way that is more accurate, five times faster, and 50% more cost-effective. Niricson is differentiated by its ability toautomatically detect and quantify not only surface damage, but also subsurface damage.
• Koios Intelligence — MISSIONKoïos Intelligence is on a mission to Improve the insurance value chain using conversational AI.Our platform Olivo is built for insurance customers with the goal of eliminating waiting time, reducing operational costs and offering an unprecedented customer experience. Based on Natural Language Processing and state-of-the-art ArtificialIntelligence, Olivo is made to answer new customer needs and expectations in today’s digital world.
• Vive Crop Protection — Vive makes effective and sustainable pesticides for organic and non-organic production. The company was founded in 2006 and is headquartered in Mississauga, Ontario, Canada.

Portfolio highlights

• Bridgr — For industrial companies looking for significant digital transformation, BRIDGR is the algorithmic advisory practice that improves your odds of success by showing you what to do next and who would help
• ChrysaLabs — Soil testing technology. ChrysaLabs provides real-time data for better decisions.
• Ditch Labs — Ditch Labs is a digital health company pioneering nicotine addiction treatment with artificial intelligence and a revolutionary device.

Portfolio highlights

• FlipGive — Free tools to simplify team money management and lower team fees. Earn cashback, balance the budget, accept fee payments, get a team spend card, and more.
• Arolytics — Build, manage, and execute the most efficient emissions management program custom to your oil and gas operations.
• Clear Blue Technologies — Clear Blue Technologies, the Smart Off-Grid company, combines green energy with the proven advantages of communications and cloud technology to power and control off-grid lighting, security and mobile solutions. We are ushering in a new age of off-grid systems, that deliver the reliability of grid connected systems but are environmentally friendly,less costly, and can be monitored and controlled over the Internet.

Portfolio highlights

• Libro — Elevate Your Guest Experience Our guest experience platform does more than fill tables. Start building a highly personalized and profitable dining experience with Libro. Pricing Features How we help your restaurant thrive Reservations Accept online reservation requests in real-time 24/7/365. Access reservations from anywhere so your entire team is prepared to serve guests. Reputation Management
• Dispersa — Harnessing the power of microbe-derived natural solutions to decarbonize the chemicals industry.
• Omy Laboratoires — Omy Laboratoires develops and manufactures personalized cosmetic skin-care products using its AI based skin analysis system.

Portfolio highlights

• Koverly — Leading B2B global payments solution that provides flexible options to pay over time and saves businesses up to 50% on foreign exchange fees.
• StellarFi — We Pay Your Bills, So YouCan Build Credit. With Stellar your bills are paid on time and on your terms.
• Watershed Informatics — Empowering clients to design, execute, and iterate sequencing analyses using our intuitive, low-code platform. Watershed is where data becomes insight.

Portfolio highlights

• Passiv — Passiv makes it easy for you to manage your portfolio so that you can save more for retirement and spend more of your time enjoying life.
• Soricimed — Soricimed is a privately-held, clinical stage company focused on the development and commercialization of applications originally derived from its unique and proprietary family of peptides found in the paralytic venom of the northern short-tailed shrew
• ProcedureFlow — With ProcedureFlow, following company processes has never been easier. Our cloud-based knowledge management software will help you make your employees experts faster.

Portfolio highlights

• Eli — The women's health company providing lifelong insights from your saliva.
• ODAIA — Empowering Pharma's Next Generation of Engagement with HCPs
• Reworkd — Assemble, configure, and deploy autonomous AI Agents in your browser.

Portfolio highlights

• BenchSci — BenchSci is the world leader in AI-Assisted Reagent Selection and Experiment Design. Our preclinical R&D SaaS platform uses machine learning to help pharmaceutical companies increase their research velocity.
• Ideogram — Ideogram: Helping people become more creative.
• Shakudo — Shakudo unites all of the data tools and services you need into a single comprehensive data platform, allowing your team to develop and deploy analytics-based solutions with ease.

Portfolio highlights

• ODAIA — Empowering Pharma's Next Generation of Engagement with HCPs
• Vivid Machines — Digitizing permanent crop production | Vivid Machines | Ontario
• InnerSpace — InnerSpace is the fastest way to transform your business and power the hybrid workplace strategy. Transforming workplace experience with insights into how people use a space and create innovative solutions that drive revenue and improve operations to hybrid offices.

Portfolio highlights

• Audette — Audette transforms your commercial portfolios into intelligent, carbon-free assets. Net-zero planning for commercial real estate portfolios
• Agrology — The Agrology Platform helps farmers reduce their carbon footprint, be more sustainable, and stay ahead of threats like drought, smoke taint, pest & disease outbreaks, frost, heat, extreme temperatures.
• RailVision Analytics — Customized data analysis, software solutions, and consulting for the rail industry. RailVision Analytics takes the data available from your fleet equipment, combined with our proven AI algorithms to provide insight on saving fuel, equipment deterioration and improving safety.

Portfolio highlights

• Niricson — Niricson Software has developed a proprietary damage assessment software platform paired with a patent-pending drone-based data collection technology that helps infrastructure owners inspect their structures (e.g. hydro dams) in a way that is more accurate, five times faster, and 50% more cost-effective. Niricson is differentiated by its ability toautomatically detect and quantify not only surface damage, but also subsurface damage.
• ZeroIN — For ingredient manufacturers seeking to enhance the taste profile of their sweeteners, ZeroIN develops technology to produce next-gen sweeteners with the same bulk, sweetness, and taste as sugar but no aftertaste.
• Cyclic Materials — Cyclic Materials has created the first circular supply chain for rare earth elements with the goal of helping the world transition to an environmentally responsible future.

Portfolio highlights

• CarbonGraph — CarbonGraph is a platform that allows businesses to measure and share their carbon footprint in a standard format. CarbonGraph is headquartered in Toronto, Canada.
• LearnExperts — You've invested in your product. We're invested in getting it adopted. Learnexperts is the first Education as a Service provider that takes the full burden off you. We have experts who know how to do it right the first time so you don't have to.
• Realize Medical — We're a medical virtual reality start up based in Ottawa, Canada. Our medical image viewing, modeling, and communication platform combines novel 3D visualization with the familiar and intuitive input of a hand held stylus. We're creating powerful VR tools to unlock new ways for healthcare professionals to view and interact with medicalimages so they can enhance patient care.

Portfolio highlights

• Bright Breaks — Bright offer on-site and virtual amenities for companies and employees. whether your team is on-site, working from home, or in between.
• Gaia Refinery — Gaia is developing wind-driven methane-capture technology to produce rocket-grade natural gas.
• Planetary — Planetary develops ocean-based carbon removal technology to accelerate the natural carbon cycle. Planetary’s system purifies the mountains of alkaline rock waste left behind by large-scale mining operations, extracting the alkalinity from the rubble and putting it in the ocean, thus accelerating the carbon transition and rebalancing oceanchemistry.Planetary Technologies is on a mission to remove 1 billion tonnes of carbon dioxide from the atmosphere by 2035.

Portfolio highlights

• Metaloop — Metaloop is a scrap trading company that helps businesses from the metal recycling industry to boost revenue without scaling.
• Cardino — Cardino - Verkaufen Sie Ihr E-Auto digital zum besten Preis. Entdecken Sie die einfache und bequeme Art, Ihr Elektroauto online zu verkaufen.
• Beckley Waves — Beckley Waves funds, supports, and mentors the emerging leaders, entrepreneurs, and partnerships working to create the operational infrastructure of a global psychedelic ecosystem.

Portfolio highlights

• Frontly — Frontly's no-code internal admin tooling platform empowers businesses to build custom applications to solve their greatest business challenges in minutes without writing a line of code.
• Care2Talk — Care2Talk is a video call mobile app for senior citizens that is secure, fast, and easy to navigate with 7-day battery life.
• VoxCell BioInnovation — Creating an extraordinary line of solutions for the drug development industry and the field of Oncology research.

Portfolio highlights

• Pirros — Pirros is a first real Detail Management System for Architects and Engineers. Store all your details easily. Manage your team's library and continuously improve your details from project to project. Directly integrated with Autodesk Revit
• Florida Street — PIXEL GG INC.
• Shaktimaan — Empowering UPSC aspirants with Kalam's potential to answer, evaluate & personalise your preparation for World's Toughest Exam.

Portfolio highlights

• AssistIQ — Tracking medical supply usage with actionable insights for healthcare providers to increase efficiency, reduce costs and carbon footprint.
• Mercator AI — Our mission is to give business developers more time to do what they do best, and support them with the insights they need to have informed and productive conversations. We mine and analyze millions of construction data points across the project lifecycle so that our customers can confidently find and qualify projects and partners faster.Mercator is used by Architecture, Engineering, Construction, Real Estate, and Manufacturing companies to inform strategic and tactical decision making.Mercator AI is a privately held company that has recently closed a pre-seed round.
• Supportbench Services Inc. — Supportbench provides a personalised customer service platform that increases brand equity and creates a seamless user experience for both customers and agents.

Portfolio highlights

• VueReal — VueReal is engineering the next electronic systems by mass integration of high-efficiency nano/micro-devices into large-area substrates (e.g., displays, sensors, system on panel, and more). They have started by making the true-life experience of micro-LED displays affordable for all applications (TV, laptop, smartphone,virtual/augmented reality, etc.). VueReal technology platform is based on the interplay of cutting-edge micro/nano-device processing, sophisticated integration technologies and advanced system design (hardware and software). VueReal technologies can enhance the experience of existing electronic systems and enable new applications by integrating millions of highly efficient micro-devices (micro-LED) into system substrate. As our Solid Printing (TM) technology works across all substrate sizes, it can develop displays ranging from super high ppi (>4000 ppi) to very large.
• Airex Energy — Airex Energy provides solutions for a sustainable future. Helping reduce greenhouse gas emissions and remove carbon from the atmosphere.
• SPARK Microsystems — Discover SPARK Ultra-wideband: Revolutionizing AR, VR, audio, gaming, and IoT with responsive low-latency, high-speed wireless transceivers.

Portfolio highlights

• YOURIKA — AI-assisted education technology and student support
• Ideogram — Ideogram: Helping people become more creative.
• Story Protocol — Story Protocol is building open IP infrastructure to grow the creativity of the internet era.

Portfolio highlights

• Ronbow — Ronbow is a commercial company that distributes, designs, and manufactures a diverse selection of decorative bathing products, including sinks, vanities, medicine cabinets, and more. The company selects the highest-quality hardwood and puts them through a rigorous 10-step finishing process that is finalized with a comprehensive assembly process.Ronbow offers a dynamic and diverse design spectrum to fit any style home, from ultra contemporary to old world traditional. Their versatile designs allow for interchangeable sinks and countertops in wood, glass, stone & ceramic to match any home decor. The company provides options for interchangeable sizes and materials to inspire a truly unique customizable experience.Ronbow was founded by Jason Chen in 2002 and is headquartered in Livermore, CA, USA.
• Fincentify — Fincentify is building a fintech ecosystem to help people borrow, save, and protect themselves.
• GrubMarket — GrubMarket develops a website where sellers can offer foods and other items at wholesale prices to customers. It offers products such as organic foods, vegetables, gluten-free foods, snacks, drinks, pantries, home goods, health and beauty products, baby and kids' products, pets, non-GMO foods, paleo foods, cholesterol-free, and no trans-fatfoods.GrubMarket also offers foods from local farms, fisheries, commercial kitchens, certified home kitchens, and restaurants. Mike Xu founded GrubMarket in 2014, with its headquarters in Newark in California with an additional office in San Francisco in California.

Portfolio highlights

• UgoWork — Lithium-ion batteries are significantly superior for your lift trucks, in addition to taking advantage of our efficient energy management. Learn more.
• WorkJam — The most complete and modular suite of productivity tools for frontline employees. Trusted by global brands and loved by their employees.
• Flare — We enable companies to prevent cyber attacks before they become costly data breaches.

Portfolio highlights

• Kaso — Elkaso is the leading Order and Procurement Management Tool for Restaurants and Suppliers in the Middle East.
• Momento — Momento is an insurtech company with the objective of revolutionizing the insurance industry in Latin America, starting with car insurance. We want to make insurance easy and accessible for the underserved population in LATAM.
• Equilibrium Energy — Equilibrium Energy operates at the intersection of grid variability, market volatility, economic optimization, commercial structuring, trading, and risk management, across the end-to-end power value chain. Their ambition is to become a next-generation clean power company that reshapes the energy industry. They address inquiries through onlineapplications.

Portfolio highlights

• River — Empowering people, improving lives.
• Auriga Space — Next-generation space launch company providing frequent, sustainable and affordable transport to low Earth orbit
• Treehouse — Recharge at home with Treehouse.

Portfolio highlights

• Florida Street — PIXEL GG INC.
• Confirm — Confirm is the data-driven hiring platform that helps you make the right hire every time. It uses the knowledge of colleagues to get the perfect job, faster. Their mission is to match everyone who's looking for a job with their perfect role. The company was founded in November 2019 and is headquartered in San Francisco, CA, USA.
• Arrive Recommerce — Arrive offers a premium service powering circular commerce for major brands and retailers. The technology and reverse logistics capabilities of The Arrive Platform enables brands and retailers in any industry to integrate circular commerce - including rental and resale - directly into an existing ecommerce experience. With this unique offering,Arrive makes it possible for any company to seamlessly launch a circular channel - ultimately reaching more consumers, driving more revenue, and promoting a sustainable solution. Arrive, first launched as Arrive Outdoors, is an award-winning company and has been named the 4th Most Innovative Travel Company by Fast Company in 2020 and awarded the 2019 Outdoor Retailer of the Year by the Outdoor Retailer Association.

Portfolio highlights

• Captain Fresh — Captain Fresh is a freshwater fish and seafood supply chain platform. Captain Fresh is a B2B marketplace leveraging technology to deliver the fastest harvest-to-retail in the industry. The company focuses on aggregating the fragmented retail demand across the country and linking them to the small fishermen and farmers throughout the Indian coast.The company was founded in 2019 and is based in Bengaluru, India.
• Rainforest — Rainforest focuses on providing software platforms for payment processing. Rainforest is headquartered in Atlanta, United States.
• Aaritya Technologies — Because when you trade, we want you to trade like a pro.

Portfolio highlights

• Fantuan — Order food with Fantuan Delivery. Get the best Asian food delivered to your door from your favorite local restaurants. Everyday promotion.
• Gali Health — At Gali Health, we are on a mission to make sure nobody ever feels isolated, lost or powerless in the face of existing or potential disease. We are working to advance consumer-powered healthcare by crowdsourcing personal health data and medically-validated insights, applying AI to process them and providing highly personalized informational supporton the medical, lifestyle and psychological aspects of living with chronic disease. Our mobile personal health assistant named Gali relies on collective intelligence to help people with chronic conditions proactively manage their health.
• IOT Pay — Omni Channel Payment Solution

Portfolio highlights

• Vooban — WE BRING INNOVATIVE SOLUTIONS TO LIFE!
• AMB Modulaire — AMB Modulaire is a family-owned space supplier that provides quality modular solutions for classrooms, offices, institutional, and residential spaces.
• Gunn Agri Partners — Gunn Agri Partners is an agricultural investment company that offers advice and services for acquisitions, asset, farm, and fund management.

Portfolio highlights

• HOLOS — The Super Breakfast built for your active lifestyle. Organic, plant-based & gluten free with 20g protein, 12g fibre, 13 vitamins & minerals and even more. Free shipping across Canada.
• SHARE Mobility — Empowering tools and services to easily manage, understand, and optimize transportation programs for employees and municipalities.
• Fresh Prep Foods — Get a high-quality, sustainable, and fresh ingredient meal kit conveniently delivered to 20 communities across BC and Alberta.

Portfolio highlights

• Mash — The internet is fundamentally broken. It's because of monetization. “Show me the incentives and I'll show you the outcome.”Our mission is to remonetize the web by enabling value for value monetary exchanges between pubs/creators/orgs and their users. A new business model for the open internet.We are unlocking this withfriction-minimized streaming payments that are no/low cost, instantly settled, trust-minimized.It is built on the best global digital monetary network ever conceived, Bitcoin. Enabled by Lightning Network. Most users don't need to know this or be a Bitcoiner. Over time we suspect many will.
• ChargeLab — ChargeLab is the Android of EV charging. We don’t build EV chargers, but our hardware-agnostic platform runs on the world’s most popular EV chargers. Once connected, our software makes any EV charger smarter and easier to use.
• Integral Treasury — The most powerful web3 financial stack ever created.

Portfolio highlights

• Two Boxes — The future of sustainable e-commerce returns has arrived. Two Boxes is the best way to process returns and capture critical data from the returns process.
• Presta — Presta provides digital lending infrastructure for the banking industry. The company was founded in 2022 and is headquartered in Cleveland, Ohio.
• Tab Commerce — Tab Commerce helps restaurants of all sizes consolidate, analyze, and better manage every single expense they have.

Portfolio highlights

• Cegerco — Cegerco specializes in the construction of industrial and institutional sectors. They also restore and renovate historic buildings, while maintaining the original materials. They provide services in the mining sector like silos, conveyors, crushers, etc.
• Groupe Canva — Canva Group is a dynamic holding company in the identification and visual communications field with 9 complementary companies acquired over the last 15 years. Operating with 3 different autonomous business units under the names of Idenco Canada (Boucherville), Decalcomanie Artistic (Montreal) and Mirazed in (St-Hubert), the 200-employee companyserves more than 4,000 customers with its complementary serigraphy and digital printing services. Their goal is to create the best customer experience.
• Voilà! Technologies — Learn how Evolia's employee scheduling app can save you time managing schedules and increase employee engagement.

Portfolio highlights

• Areto Labs — Areto Labs is a human-focused cyber security company that uses AI to protect people by detecting and counteracting online abuse.
• PayShepherd — PayShepherd helps manage contractor billing for industrial facilities and simplifies billing processes. Save time, money, and headaches.
• Truffle — Truffle enables restaurants of all sizes to empower their teams, increase profits, and provide a smart dining experience that customers expect, with tools to manage your restaurant in a single platform. Truffle offers restaurants flexible tools to expand into Point of Sale, Online Ordering, Table Side, Delivery Management, Automated Pickup, TableReservations and Guest Marketing.

Portfolio highlights

• Asepha — Asepha is an AI clinical decision support (CDS) tool to help healthcare professionals make faster clinical decisions.
• Lula Convenience — Lula empowers your store to modernize, serve, and thrive in order to delight your customers locally and beyond
• Rose Rocket — Rose Rocket's transportation management software (TMS) helps trucking companies and freight brokers improve visibility, collaboration, and efficiency.