AI Infrastructure · Canada, India

Best AI Infrastructure Companies in Canada

Updated 2026-06-21 · Ranked by funding & momentum

111 indexable AI Infrastructure companies headquartered in Canada, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $2B across 35 funded companies, including 2 unicorns.

111
Companies
$2B
Total Funding
35
Funded
2
Unicorns
0
Rounds (90d)

Ranked: Best AI Infrastructure companies in Canada

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Cohere Unicorn
Developer of enterprise AI platform and multilingual language and retrieval models
$970M $5.5B
as of 2024
Series D Series D Sep 2025 44 2019 ↑ Active
2 Tenstorrent Unicorn
Developer of hardware and open-source software for artificial intelligence acceleration
$485.1M $1B
as of 2021
Series D Series D Dec 2024 350 2016 ↑ Active
3 Zetane
Provider of AI platform for document intelligence, extraction, and analysis
$2.3M Seed Seed Dec 2025 18 2016 ↑ Active
4 Extend AI
Developer of document processing toolkit providing parsing, extraction, and splitting
$17M Series A Series A Jun 2025 11 2017 ↑ Active
5 Mecka
Provider of curated datasets and data refinement for AI model training
$8M Seed Seed Aug 2025 2024 ↑ Active
6 Irreversible
Developer of analog AI chips for ultra-low-power edge inference
$1M Seed Seed Jan 2026 2024 ↑ Active
7 Blumind
Developer of all-analog AI neural network architecture for edge applications
$14M Series A Series A Apr 2025 12 2020 ↑ Active
8 Versos
Provider of a video intelligence platform for AI training data
$1.3M Seed Seed Nov 2025 2022 ↑ Active
9 Armilla AI
Provider of AI insurance and AI software performance warranties for businesses
$4.7M Seed Seed Jun 2025 9 2020 ↑ Active
10 Base Two
Developer of an AI platform for manufacturing process optimization and control
$17.2M Series A Series A Sep 2024 20 2022 ↑ Active
11 AssistIQ
AI-powered computer vision system for supply and implant management
$1.8M Series A Series A Apr 2025 10 2022 ↑ Active
12 WOMBO
Network of decentralized computing power for artificial intelligence task execution
$9M Series A Series A Sep 2024 32 2020 ↑ Active
13 Dippy
Platform for creating and interacting with artificial intelligence companion characters
$2.1M Seed Seed Oct 2024 2023 ↑ Active
14 Ataccama
Provider of an agentic platform for data quality and data governance
$150M $550M
as of 2022
Series D Series D Jun 2022 500 2007
15 Troj Company
Provider of a platform securing artificial intelligence models and applications
$11.4M Seed Seed Mar 2024 20 2019
16 CentML
Provider of AI optimization solutions for software application development
$27M Acquired Seed Oct 2023 19 2022
17 Untether AI
Developer of hardware and software for artificial intelligence inference acceleration
$152M Acqui-Hired Series B Jul 2021 122 2018
18 DarwinAI
Online platform for explainable machine learning systems
$11.7M Acqui-Hired Series A Dec 2022 39 2017
19 HumanFirst
Platform for text based customer support powered by artificial intelligence
$3.8M Seed Seed Jul 2023 12 2017
20 Integrate
Provider of a federated AI platform for data evaluation solutions
$39.6M Series A Series A Feb 2019 36 2017
21 Stradigi AI
Developer of a platform providing automated machine learning and MLOps capabilities
$40.1M Series A Series A Nov 2019 67 2017
22 Private AI
Developer of PII identification, de-identification, and data anonymization software
$3.5M Series A Series A Nov 2022 31 2019
23 Deeplite
Online platform for software testing and optimization
$6M Acquired Seed Apr 2021 30 2019
24 wrnch
Platform for machine learning on edge devices
$9.3M Acqui-Hired Series A Jun 2019 38 2015
25 Immervision
Provider of end-to-end camera and imaging systems and software
$10M Early Stage Unattributed Aug 2019 29 2000
26 Maluuba
Online platform for natural language processing solutions
$8.2M Acquired Series A Jan 2016 22 2011
27 Dessa
Online platform for custom machine intelligence services
$9M Acqui-Hired Series A Sep 2017 45 2016
28 NextGen
Accelerator firm focused on digital platforms for various industries
$152.3K Public Mar 2024 2022
29 ICONTEK
Developer of NLP engines and automated conversational interface products
$6M Series A Series A Aug 2018 8 2014
30 Replica Analytics
Provider of solutions to generate synthetic data
$1M Acquired Seed Jan 2021 13 2019
31 Fluent.ai
Platform for speech recognition and natural language processing tools
$1.5M Seed Seed May 2017 18 2015
32 Picovoice
Provider of AI-enabled voice technology
$500K Seed Seed Dec 2020 9 2018
33 Terrene
Data training and analyzing solution provider
$150K Seed Jun 2018 2 2015
34 Lyrebird
Speech synthesis technology for the developers
$120K Acquired Seed 2017 9 2017
35 Dolphyn
Cloud based platform offering a suite of business intelligence solutions
$50K Seed Feb 2020 5 2019
36 Backboard
Provider of AI memory platform with RAG and multi-model API
Seed Seed Feb 2026 2025 ↑ Active
37 Applied Brain Research
Develops neural system compiler for neuromorphic hardware system
Seed Seed Jan 2026 17 2011 ↑ Active
38 Tracel
Open-source deep learning framework for training and inference
Seed Seed 2024 2 2023
39 Kama Innovations
Developer of conversational artificial intelligence solutions for enterprise applications
Seed Seed Jul 2021 13 2014
40 Stream.ML
Provider of a machine learning platform to build, deploy and sell AI models
Seed Seed Oct 2020 3 2019
41 Agent Field
Developer of control fabric designed for autonomous agent infrastructure
Unfunded 2025
42 Agents Bar
Provider of solutions to train and deploy deep learning models
Deadpooled 2021
43 AgentX
Platform create and train custom AI agents
Funding Raised
44 AigenEdge
Provider of a platform for AI model deployment
Unfunded 2020
45 Amaith
Developer of a decision intelligence platform supporting strategic decision-making
Unfunded 2025
46 Applied Recognition
Provider of AI and facial authentication-based security solutions
Funding Raised 11 2005
47 AttendLab
Provider of face recognition software for attendance tracking and management
Unfunded 2014
48 Au Zone Technologies
Developer of AI accelerators for embedded systems
Unfunded 18 2017
49 autonomous_ID Private 115 2007
50 Babl
AI translation platform for creators
Deadpooled 2022

Top 12 AI Infrastructure companies in Canada

#1
Cohere Unicorn Series D
$970M Raised
expand_more
location_onToronto, Ontario
Founded
2019
Employees
44
Funding raised
$970M
Valuation
$5.5B · 2024
Stage
Series D

Developer of enterprise AI platform and multilingual language and retrieval models. The company provides tools for workplace productivity, intelligent search, and semantic text representation. It offers models for relevance-based result refinement and high-performance generative tasks. The platform supports customization and private deployments, catering to various industries. It also provides developer resources, in

Funding rounds (6 disclosed of 7)
Round Date Amount
Series D Sep 2025 $100M
Series D Aug 2025 $500M
Series D Jun 2024 $500M
Series C Jul 2023 Undisclosed
Series C May 2023 $270M
Series B Feb 2022 $125M
1 earlier round — sign up free
Tech stack
6senseamazon sesamazon web servicesant designapple icloud mailclosure library+14
#2
Tenstorrent Unicorn Series D
$485.1M Raised
expand_more
location_onToronto, Ontario
Founded
2016
Employees
350
Funding raised
$485.1M
Valuation
$1B · 2021
Stage
Series D

Developer of hardware and open-source software for artificial intelligence acceleration. The company provides tools for optimizing workloads on its hardware. It offers an open-source compiler designed to integrate with its AI software library. The company provides resources such as documentation and developer tutorials.

Funding rounds (6 disclosed of 10)
Round Date Amount
Series D Dec 2024 $693M
Series C Aug 2023 $100M
Conventional Debt Jun 2021 Undisclosed
Series C May 2021 $200M
Series C Apr 2021 $164M
Conventional Debt Apr 2021 Undisclosed
4 earlier rounds — sign up free
Tech stack
amazon sesamazon web servicesapple icloud mailcart functionalityclipboard.jsdocusign+14
#3
Zetane Seed
$2.3M Raised
expand_more
location_onMontreal, Montreal
Founded
2016
Employees
18
Funding raised
$2.3M
Stage
Seed

Provider of AI platform for document intelligence, extraction, and analysis. The platform offers workflows for proposal creation, document composition, and deep web research. It analyzes and structures data from uploaded documents, providing traceable and auditable outputs. The platform is designed for organizations managing complex documents.

Funding rounds (2 disclosed of 2)
Round Date Amount
Seed Dec 2025 $1.8M
Conventional Debt Feb 2020 $500K
#4
Extend AI Series A
$17M Raised
expand_more
location_onQuebec City, Quebec
Founded
2017
Employees
11
Funding raised
$17M
Stage
Series A

Developer of document processing toolkit providing parsing, extraction, and splitting. The toolkit offers vision models designed for complex documents, handling tables, handwriting, and checkboxes. It provides agents that learn from documents, run experiments, and optimize schemas. The toolkit APIs and UIs enable document parsing, classification, extraction, and splitting. It also offers a memory system that learns f

Funding rounds (1 disclosed of 1)
Round Date Amount
Series A Jun 2025 $17M
Tech stack
amazon s3amazon web servicescloudflarecore-jsgoogle analyticsgoogle workspace+14
#5
Mecka Seed
$8M Raised
expand_more
location_onMarkham, Ontario
Founded
2024
Funding raised
$8M
Stage
Seed

Provider of curated datasets and data refinement for AI model training. It offers datasets tailored to specific domains, alongside an expansive library of high-quality, multimodal data. The company transforms raw sensor data into richly annotated and quality-vetted datasets. These datasets are designed to train world-scale models and robotics systems. It also provides bespoke multimodal datasets.

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed Aug 2025 $8M
Founders & key people
Tech stack
cloudflarehstsnext.jsnext.js app routernode.jsopen graph+8
#6
$1M Raised
expand_more
location_onSherbrooke, Quebec
Founded
2024
Funding raised
$1M
Stage
Seed

Developer of analog AI chips for ultra-low-power edge inference. The company designs analog processors that enable computation on memory devices. This architecture bypasses digital bottlenecks, reducing energy consumption. The chips support scalable neural architectures and offer hardware-aware training tools. They provide flexible integration options, from chip IP to full solutions.

Funding rounds (1 disclosed of 2)
Round Date Amount
Seed Jan 2026 Undisclosed
Grant (prize money) $1M
#7
Blumind Series A
$14M Raised
expand_more
location_onOttawa, Ontario
Founded
2020
Employees
12
Funding raised
$14M
Stage
Series A

Developer of all-analog AI neural network architecture for edge applications. It delivers efficient power and low latency using standard CMOS process technology. The company's technology offers solutions using industry standard software tools for always-on applications. It provides devices, chiplets, IP, and software for integration into various products.

Funding rounds (1 disclosed of 1)
Round Date Amount
Series A Apr 2025 $14M
Tech stack
bootstrapcloudflarecraft cmsgoogle analyticsgoogle font apigoogle tag manager+10
#8
Versos Seed
$1.3M Raised
expand_more
location_onSaint John, New Brunswick
Founded
2022
Funding raised
$1.3M
Stage
Seed

Provider of a video intelligence platform for AI training data. The platform transforms unstructured video libraries into searchable data for artificial intelligence. It offers multimodal search, advanced video segmentation, and a built-in chain of custody system. The platform enables data buyers to discover, license, and integrate rights-cleared video into AI models.

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed Nov 2025 $1.3M
Founders & key people
#9
Armilla AI Seed
$4.7M Raised
expand_more
location_onToronto, Ontario
Founded
2020
Employees
9
Funding raised
$4.7M
Stage
Seed

Provider of AI insurance and AI software performance warranties for businesses. It offers coverage for generative AI and AI agents, including AI system certification and risk reporting. The company’s policies address gaps across cyber, technology, errors and omissions, and general liability. It provides risk assessment, ongoing monitoring, and incident coordination services.

Funding rounds (4 disclosed of 4)
Round Date Amount
Seed Jun 2025 $1.3M
Seed Feb 2024 $3.3M
Seed Mar 2022 $500K
Seed Oct 2021 $1.2M
#10
Base Two Series A
$17.2M Raised
expand_more
location_onToronto, Ontario
Founded
2022
Employees
20
Funding raised
$17.2M
Stage
Series A

Developer of an AI platform for manufacturing process optimization and control. The platform provides tools for connecting plant and lab databases, preparing data, and building digital twins. It offers recommendations to accelerate scale-up and optimize process quality control. The platform supports process engineers and modelers in streamlining operations and enhancing workflow efficiency.

Funding rounds (2 disclosed of 2)
Round Date Amount
Series A Sep 2024 $13.4M
Seed May 2022 $3.8M
Tech stack
cdnjscloudflarecloudflare bot managementcore-jsgoogle analyticsgoogle tag manager+14
#11
AssistIQ Series A
$1.8M Raised
expand_more
location_onMontreal, Quebec
Founded
2022
Employees
10
Funding raised
$1.8M
Stage
Series A

AI-powered computer vision system for supply and implant management. The system captures supply and implant data in real time. It integrates with existing electronic health record and enterprise resource planning systems. The system helps to identify usage variations and eliminate documentation time. It provides visibility into ordering and utilization inefficiencies.

Funding rounds (2 disclosed of 2)
Round Date Amount
Series A Apr 2025 $11.5M
Seed Mar 2023 $1.8M
Founders & key people
#12
WOMBO Series A
$9M Raised
expand_more
location_onToronto, Ontario
Founded
2020
Employees
32
Funding raised
$9M
Stage
Series A

Network of decentralized computing power for artificial intelligence task execution. It allows users to contribute device GPU resources to a distributed system. Participants earn protocol assets for providing compute cycles to the network. The network uses sandboxed execution to ensure data security and privacy.

Funding rounds (1 disclosed of 1)
Round Date Amount
Series A Sep 2024 $9M

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Funding & investor landscape

Total raised
$2B
across these companies
Companies funded
35
with disclosed funding
Highest-funded
$970M raised

Most active investors

BDC BDC 8 investments in AI Infrastructure Real Ventures Real Ventures 5 investments in AI Infrastructure Velocity Velocity 5 investments in AI Infrastructure Inovia Capital Inovia Capital 4 investments in AI Infrastructure MaRS Discovery District MaRS Discovery District 4 investments in AI Infrastructure Radical Ventures Radical Ventures 4 investments in AI Infrastructure Y Combinator Y Combinator 4 investments in AI Infrastructure Differential Ventures Differential Ventures 3 investments in AI Infrastructure Mistral Mistral 3 investments in AI Infrastructure N49P N49P 3 investments in AI Infrastructure Nvidia Nvidia 3 investments in AI Infrastructure Right Side Capital Management Right Side Capital Management 3 investments in AI Infrastructure

Notable founders in Canada AI Infrastructure

Nick Frosst Nick Frosst Co-Founder Cohere · $970M raised
Ivan Zhang Ivan Zhang Co-Founder Cohere · $970M raised
Aidan Gomez Aidan Gomez Co-Founder & CEO Cohere · $970M raised
Ivan Hamer Ivan Hamer Co-Founder Tenstorrent · $485.1M raised
Milos Trajkovic Milos Trajkovic Co-Founder Tenstorrent · $485.1M raised
Jim Keller Jim Keller CEO Tenstorrent · $485.1M raised
JM Jon Magoon Chief Product Officer and Co Founder Zetane · $2.3M raised
PS Patrick St-Amant Co-Founder & CTO Zetane · $2.3M raised
DN Duy Nguyen Co-Founder Mecka · $8M raised
Andrew Fursman Andrew Fursman Co-Founder & CEO Irreversible · $1M raised
MH Michael Henson Co-Founder & CTO Irreversible · $1M raised
AL Andrew Lee Co-Founder Irreversible · $1M raised

Frequently asked questions

How many AI Infrastructure companies are there in Canada?
Radar tracks 111 indexable AI Infrastructure companies headquartered in Canada that meet our profile-completeness bar.
What is the total funding raised by AI Infrastructure companies in Canada?
The AI Infrastructure companies in Canada on this list have raised a combined $2B in disclosed equity funding across 35 funded companies.
Which is the highest-funded AI Infrastructure company in Canada?
Cohere is the highest-funded AI Infrastructure company in Canada, with $970M in disclosed equity funding.
How many AI Infrastructure companies in Canada are funded?
35 of the 111 AI Infrastructure companies in Canada on this list have disclosed at least one equity funding round.
How many AI Infrastructure unicorns are there in Canada?
2 AI Infrastructure companies in Canada on this list are valued at $1B or more.
Who are the top investors in Canada AI Infrastructure companies?
The most active investors in Canada AI Infrastructure companies on this list include BDC, Real Ventures, Velocity, Inovia Capital, MaRS Discovery District.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-21.

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