Best Electronic Design Automation Tools Companies in Canada
The 32 best Electronic Design Automation Tools companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Sidense.
- Data Bridge Market Research
- ResearchAndMarkets.com
Ranked: Best Electronic Design Automation Tools companies in Canada
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Sidense Developers of one time programmable memory OTP NVM | $18M | 167 mo ago | Acqui-Hired | — | 2004 | — | 211 patents Secure non-volatile memory with anti‑fuse PUFs, redundancy, and power side‑channel mitigation | — |
| 2 | Solido Design ML-powered variation-aware design software | $6M | 230 mo ago | Acquired | — | 2005 | — | 50 patents Statistical rare-event simulation and fast verification for circuit reliability analysis | — |
| 3 | Astrus Developer of AI-powered software for superhuman microchip design and automation | $5M | 13 mo ago | Series A | Zeyi Wang Co-Founder & Research Engineer | 2022 | Framer SitesApple iCloud MailGoogle Workspace+7 | — | — |
| 4 | Upverter Web browser-based integrated EDA tool to design, share, and review schematics and PCBs | $3M | 151 mo ago | Acquired | — | 2010 | ThinkificRubyFroala Editor+18 | — | — |
| 5 | Metabacus System level electronic design automation (EDA) solutions | $500K | 221 mo ago | Deadpooled | Jianwen Z. Founder & CTO | 2008 | — | — | — |
| 6 | Space Codesign Systems Provider hardware-software codesign tool for embedded systems | — | 56 mo ago | Funding Raised | Hubert Guerard CEO & CTO | 2008 | — | — | — |
| 7 | LegUp Computing High-level synthesis compiler to create IP core from C language code | — | 104 mo ago | Acqui-Hired | Jason Anderson Co-Founder | 2015 | — | 6 patents Hardware high-level synthesis tools enabling parallelism, pipelining, and spatial mapping | — |
| 8 | Dena Technologies Provider of PCB design and assembly services for diverse industries | — | 166 mo ago | Funding Raised | Shabaz Hodjati Founder & CEO | 2002 | — | — | — |
Top 9 Electronic Design Automation Tools companies in Canada
#1
Series A · Toronto, Ontario · founded 2022 · 4 employees$5.3Mraised▾
Developer of AI-powered software for superhuman microchip design and automation. The software empowers analog designers to create advanced microchips using artificial intelligence. Rooted in the AlphaGo line of research, the company builds a foundation model that learns semiconductor physics. The system generates and evaluates layouts in simulation, balancing performance and manufacturability in a single flow.
- Sep 2025Series A$8M
- Oct 2023Seed$2.6M
- Feb 2023Seed$275K
- Sep 2022Seed$2.4M
#2
Acqui-Hired · Ottawa, Ontario · founded 2004 · 60 employees$17.7Mraised▾
Developer of silicon-proven embedded NVM (non-volatile memory) intellectual property (IP). Sidense's patented 1T-Fuse™ one-time programmable OTP memory and logic NVM enables a wide range of electronic products. The IP is integrated by semiconductor and systems manufacturers for various end market products.
#3
Acquired · Saskatoon, Saskatchewan · founded 2005 · 75 employees$6.5Mraised▾
Solido provides advanced variation-aware design and characterization software powered by proprietary machine learning technologies. The company has launched ML Labs - making it the first vendor to make commercially available machine-learning algorithms to semiconductor customers. The company plans to partner with semiconductor companies to develop new ML-based EDA products. As of June 2017, the company claims that its solutions are being employed in over 40 companies worldwide.
- Aug 2007Series B$6.5M
#4
Acquired · Toronto, Ontario · founded 2010 · 13 employees$3.1Mraised▾
Upverter provides a web browser-based integrated EDA tool to design, share, and review schematics and PCBs. Features include the ability to generate bill of materials, Gerber files, 3D rendering, team collaboration, and an online hardware hacker community. Provides solutions to IoT, wearable technology, home automation, version control, and security & data management among others. Claims to have over 20K registered users as of Aug 2014. Company was operational for 6 years until getting acquired by Altium in 2017.
- Mar 2014Seed$2.3M
- Feb 2013Angel$650K
- 2011Seed$120K
#5
Deadpooled · Toronto, Ontario · founded 2008$500Kraised▾
Metabacus is a software company that provides system level electronic design automation (EDA) solutions for semiconductor and systems companies. It is working on a behavioural synthesis technology which automatically converts software in to chip design.
- May 2008Seed$500K
#6
Funding Raised · Montreal, Montreal · founded 2008 · 5 employees—raised▾
SpaceStudio develops hardware/software co-design tool for embedded system. It accelerates the design of embedded systems through the use of HW/SW co-design and high-level synthesis (HLS). Its technology allows electronics designers to efficiently design and verify hardware, by giving them better control over the optimization of their design architecture, as it enables the designer to specify or model their design at a higher level of abstraction while the tool does the lower level RTL implementation and verification. The technology was initially developed at the Microelectronics and Microsystems Group (GRM2) at Ecole Polytechnique de Montreal.
- Feb 2022Grant (prize money)—
#7
Acqui-Hired · Toronto, Ontario · founded 2015 · 10 employees—raised▾
LegUp is a high-level synthesis (HLS) compiler which interprets code written in C language and creates its digital FPGA hardware. Additionally, it also compiles the program into an ARM Processor-Accelerator SoC. Features include software/hardware partioning, generation of system interconnects, hardware synthesis of Pthreads and OpenMP, loop/function pipelining, and compatibility with Intel, Xilinx, Lattice, Microsemi, and Achronix FPGAs.
- Feb 2018Seed—
#8
Funding Raised · Burnaby, British Columbia · founded 2002—raised▾
Provider of PCB design and assembly services for diverse industries. This includes design verification for manufacturing and assembly, utilizing fully automated SMT assembly lines. Services encompass the entire product lifecycle, from initial concept to final product. The company offers wire stripping, cutting, and soldering for PCB assembly. Industry expertise spans various sectors, including medical, aviation, automotive, and IoT applications. The firm's processes are designed to accelerate time-to-market for clients.
#9
Seed · Montreal, Montreal · founded 2007—raised▾
Provider of verification IPs for FPGAs
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Electronic Design Automation Tools coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Chip Design & EDA is moving in Canada
A read on the academic research around Chip Design & EDA — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 431 Canada-affiliated papers.
- University of Toronto69
- University of Waterloo43
- University of British Columbia35
- University of Calgary30
- University of Windsor29
- Automation3→12
- Electronic design automation5→9
- Circuit design2→5
- CMOS4→5
- Realization (probability)2→4
- Electronic design automation9
- Automation8
- Design flow6
- Embedded system6
- Field-programmable gate array5
Where chip design eda is researched across Canada
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Who's filing chip design eda patents in Canada
Canada chip design eda patent filing is cooling — 7 filings from 7 assignees (2020–2024), led by Kadri Medical, Zhang Zhanguang, Zhang Yingxue; annual filings 3→1.
- Kadri Medical4
- Zhang Zhanguang2
- Zhang Yingxue2
- Ghose AMUR2
- Zinite1
- IOAN Dancea1
- Huawei TECH1
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.