Radar · High Tech in Canada
Best High Tech Companies in Canada
The 2491 best High Tech companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Cohere.
By Rohit KhannaTrends & Stories
2491companies tracked
$14.4Bdisclosed funding
9unicorns
720have raised
Canada's High Tech sector has 2,491 companies tracked in our directory, ranked by disclosed equity funding and recent momentum — and the headline number is $14.4B in total disclosed capital across that field.
Cohere leads at $970M raised, followed by Bitfarms at $855M and LayerZero Labs at $263M. Nine unicorns have emerged from this pool, which tells you the capital isn't spreading thin — it's concentrating fast. I'd pay particular attention to the quantum and AI hardware cluster: Xanadu ($250M), Photonic ($140M), and Sanctuary AI ($100M) together signal that deep-tech bets are landing in Canada at a scale that would've looked unlikely five years ago. So what's driving investor appetite? BDC, Sustainable Development Technology Canada, and the Ontario Centre of Innovation are all active backers here, which means government-adjacent capital is doing real work alongside private rounds. For founders maximising online reach in hardware and consumer tech, that institutional infrastructure matters. The sector's hot themes right now lean defense-adjacent — drone warfare, hypersonic systems, anti-satellite technology — and that's pulling a new wave of dual-use startups into the mix, ones that sit at the intersection of commercial High Tech and national security procurement.
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FLIAR INTELLIGENCE · HIGH TECH × CANADA
Our analysis of 81 High Tech companies
$6.8b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
81companies analysed
96%cloud-native stacks
2025funding peak (by rounds)
8unicorns
2017median founding year
1Mcombined LinkedIn audience
42%of audience held by top 3
8companies hiring publicly (12 mo)
Ranked: Best High Tech companies in Canada
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Tech stack | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Cohere 🦄 Developer of enterprise AI platform and multilingual language and retrieval models 90Funding top 14%AI top 18%Tech top 21%Moat top 28% All 10 signals ▾Fundingtop 14% AItop 18% Techtop 21% Moattop 28% Talenttop 28% Innovationtop 33% Patentstop 34% Globaltop 34% Markettop 37% Growthtop 45% Funding: Raised $970M across 6 rounds · 6 rounds over 5 yrs (1.2/yr) AI: Classified as an AI company · Holds AI/ML patents (G06N-family CPC) rank vs industry peers · Fliar Intelligence Index 90/100 | $970M | 8 mo ago | Series D | 44 | Nick Frosst Co-Founder | SanitySentryApple iCloud Mail+34 | — | 18 patents Efficient training and compression techniques for large transformer language models | 1 partnership · 1 expansion |
| 2 | Bitfarms Cloud mining solutions for cryptocurrency 76Funding top 12%Growth top 35%Tech top 36%Talent top 37% All 8 signals ▾Fundingtop 12% Growthtop 35% Techtop 36% Talenttop 37% Newstop 39% Markettop 41% Globaltop 46% Moattop 48% Funding: Raised $855M across 8 rounds · 8 rounds over 7 yrs (1.1/yr) Growth: 11 acquisition/expansion moves in 24 mo · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 76/100 | $855M | 7 mo ago | Public | 140 | Bonta Nicolas Founder & Chairman at Bitfarms | DrupalApple iCloud MailMicrosoft 365+31 | 57 signals ▼34% Earnings · Leadership · Acquisition | — | — |
| 3 | Blockstream 🦄 Developer of blockchain-based platform building crypto-financial infrastructure 60Funding top 21%Tech top 27%Moat top 28%Growth top 39% All 12 signals ▾Fundingtop 21% Techtop 27% Moattop 28% Growthtop 39% Producttop 40% Customerstop 40% Globaltop 42% Markettop 49% Talentbottom 49% Newsbottom 45% Innovationbottom 39% Patentsbottom 39% Funding: Raised $651M across 7 rounds · 7 rounds over 12 yrs (0.6/yr) Tech: 57 technologies across 5/8 capability areas · Cloud: Cloudflare, Google Cloud rank vs industry peers · Fliar Intelligence Index 60/100 | $651M | 20 mo ago | Series C | 30 | Adam Back Co-Founder & CEO | Shogun Page BuilderCart FunctionalityShopify+26 | — | 8 patents Confidential transaction privacy and cross-chain asset transfer via sidechains in blockchain networks | 1 launch |
| 4 | Tenstorrent 🦄 Developer of hardware and open-source software for artificial intelligence acceleration 90Funding top 20%Patents top 25%Moat top 25%Innovation top 28% All 12 signals ▾Fundingtop 20% Patentstop 25% Moattop 25% Innovationtop 28% Talenttop 28% AItop 30% Markettop 31% Producttop 31% Globaltop 34% Growthtop 35% Techtop 41% Newsbottom 24% Funding: Raised $485M across 6 rounds · 6 rounds over 9 yrs (0.7/yr) Patents: 100 patents matched (strict assignee match) · 60 filings since 2022 vs 40 in 2017-21 rank vs industry peers · Fliar Intelligence Index 90/100 | $485M | 18 mo ago | Series D | 350 | Ivan Hamer Co-Founder | SanityCart FunctionalityTurbopack+18 | — | 100 patents Patents concentrated in computing, sensing & instrumentation | 2 launchs |
| 5 | LayerZero Labs Canada Inc 🦄 Omnichain interoperability protocol that unites decentralized applications 64Funding top 17%Moat top 26%Growth top 35%Talent top 38% All 8 signals ▾Fundingtop 17% Moattop 26% Growthtop 35% Talenttop 38% Techtop 45% Markettop 49% Globalbottom 45% Newsbottom 18% Funding: Raised $263M across 6 rounds · 6 rounds over 5 yrs (1.2/yr) Moat: Editorial + unicorn rating 9/10 · Unicorn rank vs industry peers · Fliar Intelligence Index 64/100 | $263M | 4 mo ago | Series B | 40 | Caleb Banister Co-Founder | ContentfulTurbopackNode.js+14 | — | — | 1 launch |
| 6 | Xanadu 🦄 Manufacturer of cloud and AI-based application-specific ICs for quantum computing applications 84Funding top 12%Moat top 26%Growth top 28%AI top 35% All 8 signals ▾Fundingtop 12% Moattop 26% Growthtop 28% AItop 35% Talenttop 35% Markettop 38% Techtop 38% Globalbottom 39% Funding: Raised $250M across 9 rounds · 9 rounds over 8 yrs (1.1/yr) Moat: Editorial + unicorn rating 9/10 · Unicorn rank vs industry peers · Fliar Intelligence Index 84/100 | $250M | 3 mo ago | Public | 188 | Christian Weedbrook Founder & CEO | DrupalPHPYouTube+23 | — | — | 1 job opening · 1 partnership |
| 7 | Ada 🦄 AI platform for text based customer support 87AI top 20%Funding top 23%Moat top 26%Tech top 27% All 9 signals ▾AItop 20% Fundingtop 23% Moattop 26% Techtop 27% Markettop 33% Growthtop 35% Talenttop 38% Globalbottom 39% Newsbottom 21% AI: Classified as an AI company Funding: Raised $200M across 5 rounds · 5 rounds over 10 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 87/100 | $200M | 15 mo ago | Series C | 394 | David Hariri Co-Founder | SanitySentryWistia+24 | — | — | 1 job opening |
| 8 | Figment 🦄 Online platform for the staking solution 76Funding top 20%Moat top 26%Talent top 28%Tech top 34% All 8 signals ▾Fundingtop 20% Moattop 26% Talenttop 28% Techtop 34% Growthtop 37% Markettop 39% Globalbottom 48% Newsbottom 42% Funding: Raised $165M across 5 rounds · 5 rounds over 8 yrs (0.6/yr) Moat: Editorial + unicorn rating 9/10 · Unicorn rank vs industry peers · Fliar Intelligence Index 76/100 | $165M | 8 mo ago | Series C | 120 | Ryan Funduk Co-Founder | WordPress Block EditorElementorWordPress+44 | — | — | 1 partnership · 1 award |
| 9 | GHGSat Provider of satellite-based imaging services to monitor greenhouse gas emissions 60Funding top 18%Moat top 28%Talent top 28%Innovation top 30% All 10 signals ▾Fundingtop 18% Moattop 28% Talenttop 28% Innovationtop 30% Patentstop 31% Techtop 34% Growthtop 35% Newstop 39% Globalbottom 39% Marketbottom 20% Funding: Raised $145M across 7 rounds · 7 rounds over 8 yrs (0.9/yr) Moat: Editorial + unicorn rating 8/10 · IP moat: 31 patents rank vs industry peers · Fliar Intelligence Index 60/100 | $145M | 9 mo ago | Series C | 2 | — | SalesforceVimeoGSAP+28 | — | 31 patents Spaceborne hyperspectral imaging for atmospheric trace‑gas detection and quantification | 1 launch |
| 10 | Photonic Provider of silicon integrated photonics and quantum optics 91Patents top 13%Funding top 14%AI top 15%Innovation top 21% All 11 signals ▾Patentstop 13% Fundingtop 14% AItop 15% Innovationtop 21% Talenttop 22% Growthtop 25% Newstop 29% Techtop 34% Moattop 41% Markettop 48% Globalbottom 45% Patents: 143 patents matched (strict assignee match) · 132 filings since 2022 vs 11 in 2017-21 Funding: Raised $140M across 4 rounds · 4 rounds over 3 yrs (1.3/yr) rank vs industry peers · Fliar Intelligence Index 91/100 | $140M | 1 mo ago | Series D | 120 | Stephanie Simmons Founder & Chief Quantum Officer | WordPressApple iCloud MailMicrosoft 365+27 | 16 signals Leadership · Funding | 143 patents Solid-state quantum photonic devices and error‑correction hardware for semiconductor qubits | 1 job opening · 3 awards |
| 11 | Vention Provider of a modular hardware and software platform for industrial automation 90Funding top 18%Tech top 21%Product top 22%Growth top 30% All 13 signals ▾Fundingtop 18% Techtop 21% Producttop 22% Growthtop 30% AItop 30% Newstop 31% Moattop 31% Markettop 33% Innovationtop 34% Talenttop 38% Partnerstop 41% Patentstop 46% Globaltop 50% Funding: Raised $138M across 6 rounds · 6 rounds over 9 yrs (0.7/yr) Tech: 68 technologies across 5/8 capability areas · Cloud: Amazon Alb, Amazon Ses rank vs industry peers · Fliar Intelligence Index 90/100 | $138M | 4 mo ago | Series D | 360 | Max Windisch Co-Founder & CTO | Cart FunctionalityRubyAce+41 | 14 signals ▲56% New product · Funding · Capital raise | 9 patents Modular T-slot framing and safety systems for configurable industrial automation equipment | 2 launchs |
| 12 | Republic Tech Operator of validator and attestation networks safeguarding data integrity and security 48Funding top 14%Talent bottom 49%Global bottom 25% All 3 signals ▾Fundingtop 14% Talentbottom 49% Globalbottom 25% Funding: Raised $103M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 48/100 | $103M | 4 mo ago | Public | — | Daniel Liu CEO | — | — | — | — |
| 13 | Sanctuary AI Developer of AI-powered general-purpose robots for industrial applications 55Funding top 20%AI top 30%Market top 47%Talent bottom 49% All 11 signals ▾Fundingtop 20% AItop 30% Markettop 47% Talentbottom 49% Innovationbottom 48% Growthbottom 47% Productbottom 45% Techbottom 42% Globalbottom 38% Moatbottom 38% Newsbottom 24% Funding: Raised $100M across 6 rounds · 6 rounds over 4 yrs (1.5/yr) AI: Classified as an AI company · Product described with: ai-powered rank vs industry peers · Fliar Intelligence Index 55/100 | $100M | 0 mo ago | Series A | 131 | Olivia Norton Co-Founder & CPTO | Cart FunctionalitySquarespace CommerceSquarespace+15 | — | — | 1 launch |
| 14 | NanoOne Developer of nanotech-based energy storage components 62Funding top 13%News top 39%Tech top 40%Growth top 43% All 7 signals ▾Fundingtop 13% Newstop 39% Techtop 40% Growthtop 43% Markettop 47% Moattop 48% Globalbottom 39% Funding: Raised $96.3M across 19 rounds · 19 rounds over 11 yrs (1.7/yr) News: 20 BI events in 12 mo (of 100 tracked, 11 types) · -38% YoY rank vs industry peers · Fliar Intelligence Index 62/100 | $96M | 3 mo ago | Public | 132 132 → 81 (-39%) | — | WordPress Block EditorWordPressMySQL+31 | 20 signals ▼38% Funding · Leadership · Capital raise | — | 1 partnership |
| 15 | NanoXplore Manufacturer of graphene and developer of new materials using graphene 76Funding top 18%Patents top 26%Market top 34%Growth top 35% All 11 signals ▾Fundingtop 18% Patentstop 26% Markettop 34% Growthtop 35% Techtop 35% Innovationtop 36% Newstop 37% Moattop 38% Partnerstop 42% Talenttop 45% Globalbottom 47% Funding: Raised $91.7M across 12 rounds · 12 rounds over 12 yrs (1.0/yr) Patents: 75 patents matched (strict assignee match) · 38 filings since 2022 vs 31 in 2017-21 rank vs industry peers · Fliar Intelligence Index 76/100 | $92M | 7 mo ago | Public | 450 | Soroush Nazarpour Founder and CEO | WordPressMySQLPHP+33 | 26 signals Earnings · Leadership · Announcements | 75 patents Graphene production and functionalization for advanced battery anodes and lubricant additives | 1 launch |
| 16 | Speedbot Provider of 3D vision and robotics for inspection and measurement in multiple industries 69Funding top 26%Market top 31%Talent top 38%Global bottom 36% All 4 signals ▾Fundingtop 26% Markettop 31% Talenttop 38% Globalbottom 36% Funding: Raised $74.6M across 4 rounds · 4 rounds over 6 yrs (0.7/yr) Market: 300 employees (top 7% of High Tech) rank vs industry peers · Fliar Intelligence Index 69/100 | $75M | 9 mo ago | Series B | 300 | Wen Yang Co-CEO | — | — | — | — |
| 17 | Axelar 🦄 Online platform for cross-chain communication for web3 62Funding top 26%Moat top 26%Growth top 35%Talent top 38% All 7 signals ▾Fundingtop 26% Moattop 26% Growthtop 35% Talenttop 38% Markettop 47% Techtop 50% Globalbottom 38% Funding: Raised $63.8M across 5 rounds · 5 rounds over 6 yrs (0.8/yr) Moat: Editorial + unicorn rating 9/10 · Unicorn rank vs industry peers · Fliar Intelligence Index 62/100 | $64M | 15 mo ago | Series B | 50 | Georgios Vlachos Co-Founder | WebflowRiveIntercom+19 | — | — | — |
| 18 | Pyrogenesis Manufacturer of metal powders for additive manufacturing 67Product top 14%Funding top 16%News top 17%Partners top 22% All 12 signals ▾Producttop 14% Fundingtop 16% Newstop 17% Partnerstop 22% Growthtop 29% Patentstop 36% Innovationtop 38% Techtop 41% Moattop 45% Markettop 47% Talentbottom 40% Globalbottom 35% Product: 7 distinct product lines · Company stage: Public Funding: Raised $54.4M across 29 rounds · 29 rounds over 13 yrs (2.2/yr) rank vs industry peers · Fliar Intelligence Index 67/100 | $54M | 3 mo ago | Public | 107 | Peter Pascali CEO | WordPressMySQLPHP+25 | 18 signals ▲260% Announcements · Earnings · Contracts | 7 patents Patents concentrated in chemistry & materials | 1 job opening |
| 19 | Spark Microsystems Provider of low-power radio transceivers for IoT applications 60Funding top 25%Talent top 25%News top 33%Innovation top 37% All 10 signals ▾Fundingtop 25% Talenttop 25% Newstop 33% Innovationtop 37% Moattop 37% Patentstop 40% Growthtop 45% Marketbottom 47% Techbottom 46% Globalbottom 37% Funding: Raised $46.3M across 5 rounds · 5 rounds over 9 yrs (0.6/yr) Talent: Analyst team rating 4/5 · 5 named leaders on record rank vs industry peers · Fliar Intelligence Index 60/100 | $46M | 2 mo ago | Series B | 64 | Mohammad Taherzadeh Co-Founder | WordPress Block EditorwpBakeryWordPress+28 | 3 signals Funding | 12 patents Ultra‑wideband wireless radios, transceivers, and signal‑processing methods for short‑range communication | 1 launch · 1 partnership |
| 20 | CryptoStar Hardware-based cryptocurrency mining solutions 40Funding top 24%Talent bottom 49%News bottom 36%Global bottom 29% All 4 signals ▾Fundingtop 24% Talentbottom 49% Newsbottom 36% Globalbottom 29% Funding: Raised $46.2M across 9 rounds · 9 rounds over 7 yrs (1.3/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 40/100 | $46M | 5 mo ago | Public | — | David Jellins CEO | — | — | — | — |
| 21 | Muse Provider of brainwave tracking devices and related premium subscription services 62Funding top 26%Tech top 30%Growth top 35%Innovation top 38% All 10 signals ▾Fundingtop 26% Techtop 30% Growthtop 35% Innovationtop 38% Producttop 39% Moattop 39% Customerstop 50% Talentbottom 49% Marketbottom 46% Globalbottom 38% Funding: Raised $41.0M across 11 rounds · 11 rounds over 14 yrs (0.8/yr) Tech: 54 technologies across 5/8 capability areas · Cloud: Cloudflare, Google Cloud rank vs industry peers · Fliar Intelligence Index 62/100 | $41M | 15 mo ago | Series C | 62 | Jean Fournier CEO | ShopifyBootstrapRevy+35 | — | — | 1 award |
| 22 | Flosonics Medical Developer of non-invasive hemodynamic monitoring devices 48Funding top 29%Moat top 32%Product top 35%Patents top 39% All 9 signals ▾Fundingtop 29% Moattop 32% Producttop 35% Patentstop 39% Innovationtop 42% Techtop 44% Globalbottom 43% Marketbottom 39% Newsbottom 22% Funding: Raised $39.0M across 4 rounds · 4 rounds over 8 yrs (0.5/yr) Moat: Editorial + unicorn rating 7/10 · IP moat: 22 patents rank vs industry peers · Fliar Intelligence Index 48/100 | $39M | 15 mo ago | Series C | 38 | — | WordPressApple iCloud MailGoogle Workspace+37 | — | 22 patents Wearable ultrasound flow sensing patches and dynamic fluid control systems for medical applications | 2 job openings · 2 awards |
| 23 | BTQ Provider of a platform offering post-quantum blockchain scaling solution 48Funding top 31%Growth top 32%Talent top 38%Moat top 48% All 7 signals ▾Fundingtop 31% Growthtop 32% Talenttop 38% Moattop 48% Techbottom 48% Marketbottom 35% Globalbottom 25% Funding: Raised $36.3M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) Growth: Web rank 50,000,000 → 10,000,000 YoY · 1 acquisition/expansion move in 24 mo rank vs industry peers · Fliar Intelligence Index 48/100 | $36M | 11 mo ago | Public | 27 | Olivier Newton CEO | Node.jsTailwind CSSReact+9 | — | — | 1 launch |
| 24 | Corinex Corinex provides digital grid reinforcement through digital capacity infrastructure 67Growth top 22%Innovation top 23%Funding top 26%Product top 30% All 10 signals ▾Growthtop 22% Innovationtop 23% Fundingtop 26% Producttop 30% Newstop 31% Moattop 48% Talentbottom 48% Marketbottom 45% Techbottom 44% Globalbottom 38% Growth: Fresh capital in last 24 mo Innovation: 9 product lines · Deep-tech classification: Tech Hardware rank vs industry peers · Fliar Intelligence Index 67/100 | $30M | 9 mo ago | Series B | 64 | Peter Sobotka Founder & CEO | WebflowYouTubeWeglot+12 | 5 signals ▲67% Funding · Leadership | — | 1 partnership · 3 awards |
| 25 | HydroGraph Manufacturer of graphene and nanomaterials using patented detonation process 53Funding top 19%Growth top 20%News top 28%Product top 35% All 10 signals ▾Fundingtop 19% Growthtop 20% Newstop 28% Producttop 35% Talenttop 38% Techtop 40% Partnerstop 43% Innovationbottom 48% Globalbottom 29% Marketbottom 23% Funding: Raised $28.0M across 9 rounds · 9 rounds over 4 yrs (2.2/yr) Growth: Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 53/100 | $28M | 3 mo ago | Public | 3 | Harold Davidson CEO | WordPressApple iCloud MailMicrosoft 365+38 | 21 signals ▲250% Leadership · Announcements · Funding | — | — |
| 26 | Geologicai Online geological analytics platform for the mining industry 67Funding top 28%AI top 30%News top 33%Talent top 33% All 10 signals ▾Fundingtop 28% AItop 30% Newstop 33% Talenttop 33% Moattop 36% Growthtop 37% Partnerstop 45% Techtop 49% Marketbottom 44% Globalbottom 38% Funding: Raised $20.0M across 3 rounds · 3 rounds over 3 yrs (1.0/yr) AI: Classified as an AI company · Product described with: ai-driven rank vs industry peers · Fliar Intelligence Index 67/100 | $20M | 11 mo ago | Series B | 59 | Grant Sanden Founder & CEO | Cart FunctionalitySquarespace CommerceSquarespace+17 | 3 signals Funding · M&A · Announcements | — | 8 job openings |
| 27 | LQWD Bitcoin infrastructure and payment solutions 40Funding top 28%Growth top 35%Tech top 41%Talent bottom 49% All 6 signals ▾Fundingtop 28% Growthtop 35% Techtop 41% Talentbottom 49% Marketbottom 25% Globalbottom 25% Funding: Raised $18.9M across 6 rounds · 6 rounds over 7 yrs (0.9/yr) Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 40/100 | $19M | 11 mo ago | Public | — | Shone Anstey CEO | WordPressPleskMySQL+23 | — | — | — |
| 28 | Mecademic Manufacturer of compact high-precision industrial robots for micro-automation applications 45News top 33%Funding top 34%Talent top 38%Tech top 40% All 9 signals ▾Newstop 33% Fundingtop 34% Talenttop 38% Techtop 40% Producttop 46% Moattop 48% Innovationtop 49% Marketbottom 38% Globalbottom 29% News: 3 BI events in 12 mo (of 5 tracked, 4 types) · +200% YoY Funding: Raised $17.3M across 2 rounds · 2 rounds over 7 yrs (0.3/yr) rank vs industry peers · Fliar Intelligence Index 45/100 | $17M | 3 mo ago | Series B | 30 | Philippe Beaulieu Chief Executive Officer | WordPress Block EditorElementorWordPress+31 | 3 signals ▲200% Funding · Capital raise | — | — |
| 29 | Anyon Systems Computation tools and simulations to design the hardware for quantum computers 62AI top 15%Patents top 20%Innovation top 26%Moat top 32% All 9 signals ▾AItop 15% Patentstop 20% Innovationtop 26% Moattop 32% Growthtop 35% Fundingtop 41% Techtop 49% Globalbottom 35% Marketbottom 29% AI: Holds AI/ML patents (G06N-family CPC) Patents: 65 patents matched (strict assignee match) · 49 filings since 2022 vs 16 in 2017-21 rank vs industry peers · Fliar Intelligence Index 62/100 | $17M | 6 mo ago | Funding Raised | 24 | — | TurbopackApple iCloud MailMicrosoft 365+10 | — | 65 patents Cryogenic dilution refrigeration and qubit fabrication for scalable quantum computing hardware | 2 launchs · 1 partnership · 1 expansion |
| 30 | Swap Robotics RaaS-based multi-utility solutions provider 45Growth top 35%Moat top 35%Funding top 38%Talent top 38% All 7 signals ▾Growthtop 35% Moattop 35% Fundingtop 38% Talenttop 38% Techbottom 46% Marketbottom 37% Globalbottom 36% Growth: Fresh capital in last 24 mo Moat: Editorial + unicorn rating 7/10 · 4 curated direct competitors tracked rank vs industry peers · Fliar Intelligence Index 45/100 | $16M | 12 mo ago | Seed | 37 | Adonis Mansour Co-Founder | Wix eCommerceWixSentry+12 | — | — | — |
| 31 | Bot Press Provider of a platform for building and deploying AI agent solutions 69AI top 20%Funding top 34%Growth top 35%Talent top 38% All 10 signals ▾AItop 20% Fundingtop 34% Growthtop 35% Talenttop 38% Moattop 39% Techtop 40% Producttop 49% Marketbottom 45% Globalbottom 36% Newsbottom 32% AI: Classified as an AI company Funding: Raised $15.0M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 69/100 | $15M | 11 mo ago | Series B | 33 | Justin Watson Co-Founder | WebflowApple iCloud MailGoogle Workspace+25 | — | — | 1 launch |
| 32 | AON 3D Manufacturer of industrial 3D printers based on stereolithography technology 57Talent top 28%Growth top 35%Funding top 37%Tech top 43% All 7 signals ▾Talenttop 28% Growthtop 35% Fundingtop 37% Techtop 43% Moattop 48% Marketbottom 44% Globalbottom 36% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 57/100 | $14M | 4 mo ago | Series A | 59 | Andrew Walker Co-Founder - Director of Research and Development | WordPressApple iCloud MailMicrosoft 365+40 | — | — | — |
| 33 | SenseNet Provider of AI-powered solutions for early detection of mountain and forest fires 42AI top 25%Innovation top 33%Patents top 34%Funding top 40% All 9 signals ▾AItop 25% Innovationtop 33% Patentstop 34% Fundingtop 40% Moatbottom 49% Talentbottom 49% Techbottom 44% Globalbottom 36% Marketbottom 20% AI: Classified as an AI company · Holds AI/ML patents (G06N-family CPC) Innovation: 18 patents (top 55% of patent-holders) · 18 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 42/100 | $14M | 7 mo ago | Series A | 7 | Hamed Noori Co-Founder & CEO | WordPressMySQLPHP+21 | — | 18 patents AI-driven wildfire detection, smoke analysis, and real-time risk prediction using sensor networks | — |
| 34 | Wyvern Provider of high-resolution hyperspectral imagery data and open data programs 55Tech top 27%Talent top 28%Funding top 34%Growth bottom 47% All 7 signals ▾Techtop 27% Talenttop 28% Fundingtop 34% Growthbottom 47% Marketbottom 44% Globalbottom 39% Newsbottom 20% Tech: 54 technologies across 6/8 capability areas · Cloud: Cloudflare, Fastly Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 55/100 | $12M | 3 mo ago | Seed | 63 | Callie Lissinna Co-Founder & Vice President of Strategic Relations | WordPressMySQLPHP+39 | — | — | — |
| 35 | Fobi Cloud based platform offering customer engagement solutions 50Funding top 30%News top 30%Product top 35%Tech top 38% All 10 signals ▾Fundingtop 30% Newstop 30% Producttop 35% Techtop 38% Growthtop 42% AItop 45% Talenttop 45% Innovationbottom 42% Marketbottom 36% Globalbottom 36% Funding: Raised $11.5M across 6 rounds · 6 rounds over 5 yrs (1.2/yr) News: 10 BI events in 12 mo (of 70 tracked, 9 types) · +43% YoY rank vs industry peers · Fliar Intelligence Index 50/100 | $12M | 3 mo ago | Public | 34 | Robert Anson CEO & Chairman | HubSpot CMS HubBootstrapAmazon Web Services+20 | 10 signals ▲43% Leadership · Regulatory · Announcements | — | — |
| 36 | Chata Developer of a platform providing proactive data analytics and decision intelligence 60AI top 20%Innovation top 32%Moat top 39%Funding top 40% All 9 signals ▾AItop 20% Innovationtop 32% Moattop 39% Fundingtop 40% Techtop 43% Producttop 46% Talentbottom 49% Marketbottom 39% Globalbottom 36% AI: Classified as an AI company Innovation: 2 product lines · Deep-tech classification: Artificial Intelligence rank vs industry peers · Fliar Intelligence Index 60/100 | $11M | 4 mo ago | Series A | 47 | Kelly Cherniwchan Founder & CEO | WordPressMySQLPHP+39 | — | — | 2 awards |
| 37 | Mappedin Provider of an indoor mapping platform 67AI top 15%Tech top 32%Moat top 32%Funding top 35% All 13 signals ▾AItop 15% Techtop 32% Moattop 32% Fundingtop 35% Growthtop 35% Patentstop 44% Newstop 45% Partnerstop 45% Producttop 49% Markettop 50% Innovationbottom 49% Talentbottom 49% Globalbottom 39% AI: Holds AI/ML patents (G06N-family CPC) Tech: 31 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 67/100 | $10M | 2 mo ago | Series B | 95 | Hongwei Liu Co-Founder & CEO | Three.jsReactstyled-components+19 | — | 42 patents Indoor mapping and wayfinding tools for automated floorplan generation and navigation | 1 launch · 1 partnership |
| 38 | Brickeye Provider of construction risk mitigation platform integrating IoT and data analytics 37Funding top 33%Talent top 38%Product top 42%Moat bottom 45% All 6 signals ▾Fundingtop 33% Talenttop 38% Producttop 42% Moatbottom 45% Marketbottom 40% Globalbottom 36% Funding: Raised $10.0M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 37/100 | $10M | 4 mo ago | Acquired | — | Anthony Fernando Co-Founder | — | — | — | — |
| 39 | BinSentry Provider of AI-powered feed management system optimizing animal feed supply chains 80News top 20%Growth top 25%Global top 28%Talent top 28% All 12 signals ▾Newstop 20% Growthtop 25% Globaltop 28% Talenttop 28% AItop 30% Fundingtop 33% Patentstop 37% Moattop 37% Innovationtop 38% Producttop 45% Techtop 46% Marketbottom 47% News: 9 BI events in 12 mo (of 15 tracked, 4 types) · 7 high-value events (IPO/M&A/funding/contracts) in 12 mo Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 80/100 | $9M | 5 mo ago | Series C | 32 | Randall Schwartzentruber Co-Founder & Co-CEO | WordPressMySQLPHP+25 | 9 signals Funding · Capital raise | 17 patents Bulk material level sensing and monitoring using machine‑learning analytics | 1 partnership |
| 40 | Quantum Bridge Technologies Provider of quantum computing technology for communication applications 32Funding top 37%Moat top 38%Innovation top 40%Patents top 44% All 8 signals ▾Fundingtop 37% Moattop 38% Innovationtop 40% Patentstop 44% Talentbottom 49% Techbottom 47% Globalbottom 39% Marketbottom 23% Funding: Raised $8.7M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) Moat: Editorial + unicorn rating 4/10 · IP moat: 9 patents rank vs industry peers · Fliar Intelligence Index 32/100 | $9M | 0 mo ago | Series A | 15 | Mattia Montagna Co-Founder & CEO | WordPressMySQLPHP+21 | — | 9 patents Secure quantum key distribution and management for cryptographic networks | — |
| 41 | Adaptiiv Solution for developing 3D bolus for cancer patients 48Growth top 35%Funding top 38%Talent top 38%Tech top 39% All 6 signals ▾Growthtop 35% Fundingtop 38% Talenttop 38% Techtop 39% Globalbottom 36% Marketbottom 32% Growth: Fresh capital in last 24 mo Funding: Raised $8.6M across 9 rounds · 9 rounds over 10 yrs (0.9/yr) rank vs industry peers · Fliar Intelligence Index 48/100 | $9M | 10 mo ago | Series B | 30 | Alex Dunphy Co-Founder & CTO | WordPressMySQLSalesforce+33 | — | — | 1 launch |
| 42 | Flare Provider of threat exposure management platform that detects and remediates risks 62Tech top 24%Talent top 28%Funding top 34%Moat top 39% All 7 signals ▾Techtop 24% Talenttop 28% Fundingtop 34% Moattop 39% Growthtop 43% Marketbottom 48% Globalbottom 36% Tech: 55 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 62/100 | $9M | 7 mo ago | Series B | 50 | Israel Halle Co-Founder | WordPressApple iCloud MailGoogle Workspace+34 | — | — | — |
| 43 | Nord Quantique Manufacturer of superconducting qubits 50AI top 15%Innovation top 28%Patents top 32%Funding top 35% All 10 signals ▾AItop 15% Innovationtop 28% Patentstop 32% Fundingtop 35% Moattop 38% Talentbottom 49% Techbottom 39% Globalbottom 39% Marketbottom 25% Newsbottom 18% AI: Holds AI/ML patents (G06N-family CPC) Innovation: 27 patents (top 44% of patent-holders) · 27 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 50/100 | $7M | 1 mo ago | Series A | 10 | Julien Camirand Lemyre Chief Executive Officer | Apple iCloud MailMicrosoft 365GSAP+11 | — | 27 patents Fault-tolerant quantum hardware and error‑correction techniques for scalable quantum processors | 1 award |
| 44 | Carbonova Provider of solutions for converting greenhouse gas emissions into sustainable carbon nanomaterials for… 45Growth top 25%News top 27%Funding top 37%Patents top 38% All 10 signals ▾Growthtop 25% Newstop 27% Fundingtop 37% Patentstop 38% Talenttop 38% Moattop 42% Innovationtop 45% Techbottom 44% Globalbottom 43% Marketbottom 21% Growth: Fresh capital in last 24 mo News: 5 BI events in 12 mo (of 15 tracked, 2 types) · +150% YoY rank vs industry peers · Fliar Intelligence Index 45/100 | $6M | 6 mo ago | Series A | 8 | Pedro Almao Co-Founder | WordPressMySQLPHP+21 | 5 signals ▲150% Funding | 15 patents Carbon conversion reactors and processes for solid carbon and carbon nanofiber synthesis | — |
| 45 | y Inlan Provider of an object tracking platform 19Innovation top 47%Patents top 47%Funding top 49%Moat bottom 42% All 6 signals ▾Innovationtop 47% Patentstop 47% Fundingtop 49% Moatbottom 42% Globalbottom 31% Marketbottom 18% Innovation: 4 patents (top 85% of patent-holders) · 4 filings since 2022 vs 0 in 2017-21 Patents: 4 patents matched (strict assignee match) · 4 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 19/100 | $5M | 6 mo ago | Series A | 4 | — | — | — | 4 patents Passive multi-band RFID tag technology with high-efficiency harmonic conversion | — |
| 46 | Quantropi Provider of quantum cryptography-based secure communication solutions 42Product top 32%Funding top 39%Patents top 39%Partners top 42% All 11 signals ▾Producttop 32% Fundingtop 39% Patentstop 39% Partnerstop 42% Newstop 43% Innovationtop 44% Growthtop 45% Moattop 45% Techtop 49% Marketbottom 38% Globalbottom 36% Product: 3 distinct product lines · Company stage: Acquired Funding: Raised $4.5M across 9 rounds · 9 rounds over 2 yrs (4.5/yr) rank vs industry peers · Fliar Intelligence Index 42/100 | $5M | 1 mo ago | Acquired | 33 | — | WebflowElementorWordPress+30 | — | 34 patents Post‑quantum cryptographic algorithms, digital signatures, and secure randomness generation. | — |
| 47 | Haply Developer of haptic devices for VR applications 50Talent top 28%Tech top 32%Growth top 35%Funding bottom 49% All 6 signals ▾Talenttop 28% Techtop 32% Growthtop 35% Fundingbottom 49% Globalbottom 36% Marketbottom 31% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Tech: 37 technologies across 5/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 50/100 | $4M | 1 mo ago | Seed | 23 | Colin Gallacher Co-Founder & President | Cart FunctionalitySquarespace CommerceSquarespace+34 | — | — | 5 job openings |
| 48 | Shearwater Developer of AI-based software for flight navigation 45Talent top 28%Growth top 35%AI top 35%Tech top 43% All 7 signals ▾Talenttop 28% Growthtop 35% AItop 35% Techtop 43% Fundingbottom 48% Globalbottom 29% Marketbottom 18% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 45/100 | $3M | 3 mo ago | Seed | 7 | Alexandre Borowczyk Co-Founder | Wix eCommerceWixSentry+20 | — | — | — |
| 49 | BeWhere Developer of IoT enabled devices such as sensors and beacons 40Product top 14%Tech top 36%Funding top 37%Growth top 40% All 11 signals ▾Producttop 14% Techtop 36% Fundingtop 37% Growthtop 40% Newstop 40% Partnerstop 42% Moattop 45% Innovationbottom 44% Globalbottom 31% Marketbottom 30% Patentsbottom 24% Product: 11 distinct product lines · Company stage: Public Tech: 41 technologies across 4/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 40/100 | $3M | 4 mo ago | Public | 15 | — | WordPress Block EditorwpBakeryWordPress+28 | 8 signals ▼27% Earnings · Funding · Contracts | 2 patents Enterprise inventory and asset management control systems (ERP/IoT integration). | — |
| 50 | NexTech AR Solutions Provider of AI and augmented reality solutions for events and commerce 69AI top 15%Funding top 37%Growth top 37%Moat top 37% All 13 signals ▾AItop 15% Fundingtop 37% Growthtop 37% Moattop 37% Producttop 39% Patentstop 40% Techtop 43% Markettop 44% Innovationtop 44% Talentbottom 49% Globalbottom 43% Customersbottom 42% Newsbottom 36% AI: Holds AI/ML patents (G06N-family CPC) Funding: Raised $2.1M across 16 rounds · 16 rounds over 8 yrs (2.0/yr) rank vs industry peers · Fliar Intelligence Index 69/100 | $2M | 5 mo ago | Public | 172 | Evan Gappelberg Founder & CEO | HubSpot CMS HubThree.jsAmazon Web Services+28 | — | 11 patents Patents concentrated in computing, sensing & instrumentation | — |
Top 12 High Tech companies in Canada
#1
Series A · Vancouver, British Columbia · founded 2018 · 131 employees$100Mraised▾
Series A · Vancouver, British Columbia · founded 2018 · 131 employees
Developer of AI-powered general-purpose robots for industrial applications. The company focuses on creating robots with dexterity, tactile feedback, and fine manipulation capabilities. These robots are designed to mimic human movement and cognitive processes, enabling them to learn and interact with the world. The robots are built with strong torsos for industrial-grade tasks, completing tasks quickly and accurately.
Fliar Intelligence Index™ 55how this company ranks against its industry peers
Funding
top 20%AI
top 30%Market
top 47%Talent
bottom 49%Innovation
bottom 48%Growth
bottom 47%Funding: Raised $100M across 6 rounds · 6 rounds over 4 yrs (1.5/yr) · Last round Series A (May 2026)
AI: Classified as an AI company · Product described with: ai-powered
Market: 131 employees (top 19% of High Tech) · Top-5,000,000 web property
Audience (LinkedIn): 36k LinkedIn followers — 3.4% of this cohort's audience · 103 engagements/post (3.5× cohort median)
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- Apr 2026Series A$1.5M
- Jan 2025Series A$2.5M
- Jul 2024Series A$328.3K
- Apr 2024Series A$2M
Founders & team
Investors
BDC, InBC, Canadian Space Agency, Accenture Ventures, Bell, Evok Innovations
Tech stack
AngularApple Icloud MailCart FunctionalityCore-JsGoogle Font ApiGoogle Workspace
#2
Xanadu 🦄Public · Toronto, Ontario · founded 2016 · 188 employees$250Mraised▾
Xanadu 🦄
Public · Toronto, Ontario · founded 2016 · 188 employees
Manufacturer of cloud and AI-based application-specific ICs for quantum computing applications. It develops a quantum photonic processor and an open-source software platform. Its photonic-powered quantum processor chips are developed using squeezed light (fluctuation in light behaviour at the quantum level) concept for better calculations and computing speeds. It has developed open-source software that also includes a new quantum computing language, which is a dedicated machine learning platform for quantum computers.
Fliar Intelligence Index™ 84how this company ranks against its industry peers
Funding
top 12%Moat
top 26%Growth
top 28%AI
top 35%Talent
top 35%Market
top 38%Funding: Raised $250M across 9 rounds · 9 rounds over 8 yrs (1.1/yr) · Last round Grant (prize money) (Mar 2026)
Moat: Editorial + unicorn rating 9/10 · Unicorn · 9 curated direct competitors tracked
Growth: Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 58k LinkedIn followers — 5.6% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: AI Specialist
Activity (LinkedIn): 1 partnerships (incl. Canadian Quantum Technology Innovation R&D Partnering Delegation) announced in 12 mo
Funding rounds
- Mar 2026Grant (prize money)$2M
- Feb 2024Conventional Debt$2.8M
- Feb 2023Grant (prize money)$30M
- Nov 2022Series C$100M
Founders & team
Investors
OMERS, SVB, Radical Ventures, Real Ventures, Georgian, Sustainable Development Technology Canada
Tech stack
Acquia Cloud PlatformAcquia Cloud Site FactoryAdobe AnalyticsAdobe Experience Platform Identity ServiceAdobe Experience Platform LaunchAmazon Cloudfront
#3
Series D · Coquitlam, British Columbia · founded 2013 · 120 employees$140Mraised▾
Series D · Coquitlam, British Columbia · founded 2013 · 120 employees
Provider of silicon integrated photonics and quantum optics. The company offers a transistor for integrated circuits microprocessor chips making them capable of holding multiple qubits. It also provides solutions for qubit performance, telecom networking, and silicon’s manufacturing scale, photonic’s silicon spin qubits materialize solutions for previously intractable problems.
Fliar Intelligence Index™ 91how this company ranks against its industry peers
Patents
top 13%Funding
top 14%AI
top 15%Innovation
top 21%Talent
top 22%Growth
top 25%Patents: 143 patents matched (strict assignee match) · 132 filings since 2022 vs 11 in 2017-21 · Latest publication 2026
Funding: Raised $140M across 4 rounds · 4 rounds over 3 yrs (1.3/yr) · Last round Series D (May 2026)
AI: Holds AI/ML patents (G06N-family CPC)
Audience (LinkedIn): 18k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public)
Activity (LinkedIn): 3 awards announced in 12 mo
Funding rounds
- May 2026Series D$70M
- Jan 2026Series D$131M
- Dec 2025Grant (prize money)$16.7M
- Nov 2023Series C$100M
Founders & team
Investors
BCI, Microsoft, British Business Bank, Amadeus Capital, Inovia Capital, Government of Canada
Tech stack
AhoyAll In One SeoAmazon CloudfrontAmazon Web ServicesApple Icloud MailAutomatic.Css
#4
Public · Toronto, Ontario · founded 2017 · 140 employees$855.5Mraised▾
Public · Toronto, Ontario · founded 2017 · 140 employees
Cloud mining solutions for cryptocurrency. It features a blockchain infrastructure for operating computing centers, processing bitcoins through mining networks, and earning fees for the processing of transactions. It provides hosting, in-house management, and support services for miners.
Fliar Intelligence Index™ 76how this company ranks against its industry peers
Funding
top 12%Growth
top 35%Tech
top 36%Talent
top 37%News
top 39%Market
top 41%Funding: Raised $855M across 8 rounds · 8 rounds over 7 yrs (1.1/yr) · Last round Post IPO (Oct 2025)
Growth: 11 acquisition/expansion moves in 24 mo · Fresh capital in last 24 mo
Tech: 61 technologies across 4/8 capability areas · Cloud: Akamai, Amazon Web Services · Devops: Varnish
Audience (LinkedIn): 17k LinkedIn followers
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
- Oct 2025Post IPO$588M
- Nov 2023Post IPO$43.8M
- May 2021Post IPO$62.3M
- Feb 2021Post IPO$69.5M
Founders & team
Investors
Dominion Capital, Sadis, Vermögensclub
#5
Series B · Vancouver, British Columbia · founded 2021 · 40 employees$263.3Mraised▾
Series B · Vancouver, British Columbia · founded 2021 · 40 employees
Omnichain interoperability protocol that unites decentralized applications. It enables the secure movement of messages and fungible tokens between several blockchains without the need for asset wrapping, middle chains, or liquidity pools.
Fliar Intelligence Index™ 64how this company ranks against its industry peers
Funding
top 17%Moat
top 26%Growth
top 35%Talent
top 38%Tech
top 45%Market
top 49%Funding: Raised $263M across 6 rounds · 6 rounds over 5 yrs (1.2/yr) · Last round Series B (Feb 2026)
Moat: Editorial + unicorn rating 9/10 · Unicorn · 9 curated direct competitors tracked
Growth: Fresh capital in last 24 mo
Audience (LinkedIn): 16k LinkedIn followers
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- Feb 2026Series B—
- Apr 2025Series B$55M
- Jul 2024ICO$30K
- Apr 2023Series B$120M
Founders & team
Investors
Sequoia Capital, FTX, Andreessen Horowitz, Coinbase, PayPal, Uniswap
Tech stack
CloudflareCloudflare Browser InsightsContentfulGoogle Font ApiGoogle WorkspaceHsts
#6
Cohere 🦄Series D · Toronto, Ontario · founded 2019 · 44 employees$970Mraised▾
Cohere 🦄
Series D · Toronto, Ontario · founded 2019 · 44 employees
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, including API access and technical documentation.
Fliar Intelligence Index™ 90how this company ranks against its industry peers
Funding
top 14%AI
top 18%Tech
top 21%Moat
top 28%Talent
top 28%Innovation
top 33%Funding: Raised $970M across 6 rounds · 6 rounds over 5 yrs (1.2/yr) · Last round Series D (Sep 2025)
AI: Classified as an AI company · Holds AI/ML patents (G06N-family CPC)
Tech: 72 technologies across 5/8 capability areas · Cloud: Amazon Ses, Amazon Web Services · Observability: Datadog, Fullstory
Audience (LinkedIn): 260k LinkedIn followers — 25.2% of this cohort's audience
Activity (LinkedIn): 1 partnerships · 1 expansions (incl. TKMS) announced in 12 mo
Funding rounds
- Sep 2025Series D$100M
- Aug 2025Series D$500M
- Jun 2024Series D$500M
- Jul 2023Series C—
Founders & team
Investors
Inovia Capital, Nvidia, Index Ventures, Oracle, DTCP, Mirae Asset
Tech stack
6SenseAmazon SesAmazon Web ServicesAnt DesignApple Icloud MailClosure Library
#7
Public · Burnaby, British Columbia · founded 1987 · 132 employees$96.3Mraised▾
Public · Burnaby, British Columbia · founded 1987 · 132 employees
Developer of nanotech-based energy storage components. It manufactures cathode material for lithium batteries that can be used for electric vehicles. It uses a one-pot process for the development of cathode materials. Its features include cost optimization, enhanced battery performance, and zero emissions.
Fliar Intelligence Index™ 62how this company ranks against its industry peers
Funding
top 13%News
top 39%Tech
top 40%Growth
top 43%Market
top 47%Moat
top 48%Funding: Raised $96.3M across 19 rounds · 19 rounds over 11 yrs (1.7/yr) · Last round Grant (prize money) (Mar 2026)
News: 20 BI events in 12 mo (of 100 tracked, 11 types) · -38% YoY · 15 high-value events (IPO/M&A/funding/contracts) in 12 mo
Tech: 42 technologies across 4/8 capability areas · Cloud: Cloudflare · Devops: Nginx
Audience (LinkedIn): 16k LinkedIn followers
Activity (LinkedIn): 1 partnerships (incl. Worley Chemetics) announced in 12 mo
Funding rounds
- Mar 2026Grant (prize money)$2.2M
- Oct 2025Grant (prize money)$3.6M
- Feb 2025Grant (prize money)$12.9M
- Sep 2024Grant (prize money)$12.9M
Investors
Government of British Columbia, Sustainable Development Technology Canada, Rio Tinto, Defense.gov, Sumitomo Metal Mining, Government of Canada
Tech stack
Animate.CssAutoptimizeCloudflareCloudflare Bot ManagementCore-JsFont Awesome
#8
Series D · Montreal, Montreal · founded 2016 · 360 employees$138.4Mraised▾
Series D · Montreal, Montreal · founded 2016 · 360 employees
Provider of a modular hardware and software platform for industrial automation. The platform offers design, simulation, deployment, and operation tools. It provides a library of modular parts and pre-designed templates for various applications like palletizing, sanding, welding, and tending. The platform also offers AI-powered vision systems and remote support capabilities.
Fliar Intelligence Index™ 90how this company ranks against its industry peers
Funding
top 18%Tech
top 21%Product
top 22%Growth
top 30%AI
top 30%News
top 31%Funding: Raised $138M across 6 rounds · 6 rounds over 9 yrs (0.7/yr) · Last round Series D (Jan 2026)
Tech: 68 technologies across 5/8 capability areas · Cloud: Amazon Alb, Amazon Ses · Observability: Microsoft Clarity, Sentry
Product: 9 product launch events in 12 mo, 3 the year before · 5 distinct product lines · Company stage: Series D
Audience (LinkedIn): 88k LinkedIn followers — 8.5% of this cohort's audience
Activity (LinkedIn): 2 product launches announced in 12 mo
Funding rounds
- Jan 2026Series D$110M
- Oct 2023Series C$15M
- May 2022Series C$95M
- Jun 2020Series B$27.8M
Founders & team
Investors
Real Ventures, Bolt, White Star Capital, Bain Capital Ventures, Georgian, Fidelity
Tech stack
Amazon SesAmazon Web ServicesAngularCart FunctionalityCdnjsCloudflare
#9
Public · Montreal, Montreal · founded 1998 · 107 employees$54.4Mraised▾
Public · Montreal, Montreal · founded 1998 · 107 employees
Manufacturer of metal powders for additive manufacturing. It develops and uses plasma technology for waste management applications. It also produces multiple materials powders using plasma-based atomization processes. It uses its proprietary plasma-based technology for waste destruction and energy recovery. It has applications in defense, mining, additive manufacturing, oil and gas, and environmental conservation sectors.
Fliar Intelligence Index™ 67how this company ranks against its industry peers
Product
top 14%Funding
top 16%News
top 17%Partners
top 22%Growth
top 29%Patents
top 36%Product: 7 distinct product lines · Company stage: Public
Funding: Raised $54.4M across 29 rounds · 29 rounds over 13 yrs (2.2/yr) · Last round Post IPO (Mar 2026)
News: 18 BI events in 12 mo (of 121 tracked, 12 types) · +260% YoY · 6 high-value events (IPO/M&A/funding/contracts) in 12 mo
Audience (LinkedIn): 14k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Project Manager
Funding rounds
- Mar 2026Post IPO$1.5M
- Oct 2025Post IPO$3.8M
- Jul 2024Post IPO$2.8M
- Dec 2023Post IPO$936.9K
Founders & team
Investors
Sustainable Development Technology Canada
Tech stack
Acquia Cloud PlatformAcquia Cloud Site FactoryAdobe AnalyticsAdobe Experience Platform Identity ServiceAdobe Experience Platform LaunchAkamai
#10
Public · Vancouver, British Columbia · founded 2025$103Mraised▾
Public · Vancouver, British Columbia · founded 2025
Operator of validator and attestation networks safeguarding data integrity and security. The company integrates infrastructure to support data integrity for applications. It uses an denominated treasury to operate its networks.
Fliar Intelligence Index™ 48how this company ranks against its industry peers
Funding
top 14%Talent
bottom 49%Global
bottom 25%Funding: Raised $103M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) · Last round Post IPO (Feb 2026)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Global: Single-market focus (Canada)
Audience (LinkedIn): 2k LinkedIn followers
Activity (LinkedIn): 1 partnerships (incl. FalconX) announced in 12 mo
Funding rounds
- Feb 2026Post IPO$3M
- Nov 2025Post IPO$100M
Founders & team
#11
Series B · Montreal, Montreal · founded 2016 · 64 employees$46.3Mraised▾
Series B · Montreal, Montreal · founded 2016 · 64 employees
Provider of low-power radio transceivers for IoT applications. It develops radio transceivers that enable the internet of things applications. Its features include low power consumption during transmitting and receiving, ultra-short wireless latency, and time-of-flight positioning. It has applications in gaming, audio, smart home and home security equipment, industrial, retail, and medical sectors.
Fliar Intelligence Index™ 60how this company ranks against its industry peers
Funding
top 25%Talent
top 25%News
top 33%Innovation
top 37%Moat
top 37%Patents
top 40%Funding: Raised $46.3M across 5 rounds · 5 rounds over 9 yrs (0.6/yr) · Last round Series B (Mar 2026)
Talent: Analyst team rating 4/5 · 5 named leaders on record · 5 C-suite/founder profiles curated
News: 3 BI events in 12 mo (of 11 tracked, 3 types) · Top themes: Funding
Audience (LinkedIn): 5k LinkedIn followers
Activity (LinkedIn): 1 product launches · 1 partnerships (incl. FiRa Consortium) announced in 12 mo
Funding rounds
- Mar 2026Series B$12.4M
- Mar 2023Series B$24.6M
- Apr 2022Series A$5.7M
- Feb 2021Series A$13.8M
Founders & team
Investors
Sustainable Development Technology Canada, Cycle Capital, ND Capital, Export Development Canada, Real Ventures, Idealist Capital
Tech stack
BootstrapCdnjsCloudflareGodaddyGoogle Font ApiGoogle Tag Manager
#12
Figment 🦄Series C · Toronto, Ontario · founded 2018 · 120 employees$165Mraised▾
Figment 🦄
Series C · Toronto, Ontario · founded 2018 · 120 employees
Online platform for the staking solution. The company offers staking solutions including rewards optimization, rapid API development, rewards reporting, partner integrations, governance, liquid staking, and more.
Fliar Intelligence Index™ 76how this company ranks against its industry peers
Funding
top 20%Moat
top 26%Talent
top 28%Tech
top 34%Growth
top 37%Market
top 39%Funding: Raised $165M across 5 rounds · 5 rounds over 8 yrs (0.6/yr) · Last round Series C (Oct 2025)
Moat: Editorial + unicorn rating 9/10 · Unicorn · 9 curated direct competitors tracked
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Audience (LinkedIn): 30k LinkedIn followers — 2.9% of this cohort's audience
Activity (LinkedIn): 1 partnerships · 1 awards (incl. Curvegrid) announced in 12 mo
Funding rounds
- Oct 2025Series C—
- Dec 2021Series C$110M
- Aug 2021Series B$50M
- Oct 2020Series A$2.5M
Founders & team
Investors
Liberty City Ventures, Senator Investment Group, GSR Ventures, Hard Yaka, Galaxy, Declaration Partners
Tech stack
Amazon Web ServicesApple Icloud MailCloudflareCloudflare Bot ManagementCookieyesCore-Js
Funding & investor landscape
$14.4Btotal disclosed funding
612companies funded
1,598disclosed rounds
9rounds last 90 days
Most active investors
Export Development Canada36 rounds
Notable founders
Olivia Norton
Co-Founder & CPTO · Sanctuary AI
Christian Weedbrook
Founder & CEO · Xanadu
Stephanie Simmons
Founder & Chief Quantum Officer · Photonic
Don Mattrick
Chief Executive Officer · Photonic
Bonta Nicolas
Founder & Chairman at Bitfarms · Bitfarms
Caleb Banister
Co-Founder · LayerZero Labs Canada Inc
Bryan Pellegrino
Co-Founder & CEO · LayerZero Labs Canada Inc
Nick Frosst
Co-Founder · Cohere
Ivan Zhang
Co-Founder · Cohere
Max Windisch
Co-Founder & CTO · Vention
Etienne Lacroix
Co-Founder & CEO · Vention
Peter Pascali
CEO · Pyrogenesis
Prism market signals · Canada · country-scoped Prism corpus, 337,689 docs
Market landscape — 10 sub-themes by coverage
Share of High Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · Canada
How research on Semiconductors is moving in Canada
A read on the academic research around Semiconductors — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 739 Canada-affiliated papers.
research sentiment over time
200820172026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 42% → 57% across 2008–2026.
top research entities
- Polytechnique Montréal94
- University of Toronto60
- University of Waterloo57
- McGill University45
- University of British Columbia35
leading researchers
Ke Wu · Lihong Zhang · Yvon Savaria · Ahmad Hassan · Mohamad Sawan · Gabriela Nicolescu · Rashid Rashidzadeh · Siddharth Garg
▲
Breakthroughs303 · 41%
▲ 37%→47% share
▲1.3× share momentum2 median citations43% since 2021mostly methods-led
Amplifier research is surging — Canadian semiconductor papers quintupled from 1 to 5, while Transistor studies nearly doubled to 13.
rising sub-themes (early→recent)
- Photonics15→24
- Transistor7→13
- Voltage5→11
- Photonic integrated circuit13→17
- Amplifier1→5
Newly emergingSchematic 0→5
Landmark On-chip CMOS-compatible all-optical integrator · 586 cites
◆
Advancements307 · 42%
▼ 46%→36% share
▼0.8× share momentum3 median citations33% since 2021mostly methods-led
Power-electronics advancement is intensifying — Converters research grew eightfold and Diode topics newly emerged with 6 papers.
rising sub-themes (early→recent)
- Converters1→8
- Power (physics)1→7
- Photonics8→12
- Transient (computer programming)2→6
- Adder1→5
Newly emergingDiode 0→6 · Field-programmable gate array 0→6
Landmark Review of substrate-integrated waveguide circuits and antennas · 1,356 cites
▼
Concerns53 · 7%
7%→7% share
▲1.0× share momentum1 median citations38% since 2021mostly empirical
Electronic circuit concerns are rising steadily — Canadian semiconductor papers doubled from 4 to 8.
rising sub-themes (early→recent)
- Electronic circuit4→8
Landmark In‐Memory Vector‐Matrix Multiplication in Monolithic Complementary Metal–Oxide–Semiconductor‐Memristor Integrated Circui · 208 cites
RESEARCH HOTSPOTS · Canada
Where semiconductors 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.
Montreal136 · +0.62
Toronto78 · +0.59
Waterloo/Hamilton73 · +0.60
Vancouver43 · +0.50
Edmonton/Calgary34 · +0.47
Ottawa/Kingston33 · +0.58
PATENT SIGNAL · Canada
Who's filing semiconductors patents in Canada
Canada semiconductors patent filing is cooling — 1,206 filings from 674 assignees (2016–2025), led by Vuereal, ATI Technologies ULC, GAN Systems; annual filings 129→94.
1,206 filings674 assigneespeak 163/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- Vuereal173
- ATI Technologies ULC84
- GAN Systems81
- Intel65
- Ignis Innovation65
- Advanced Micro Devices59
- Alpha & Omega Semiconductor INT58
- Tischler Michael A57
Common questions
How many High Tech companies are there in Canada?
Radar tracks 2491 indexable High Tech companies headquartered in Canada that meet our profile-completeness bar.
What is the total funding raised by High Tech companies in Canada?
The High Tech companies in Canada on this list have raised a combined $14.4B in disclosed equity funding across 612 funded companies.
Which is the highest-funded High Tech company in Canada?
Cohere is the highest-funded High Tech company in Canada, with $970M in disclosed equity funding.
How many High Tech companies in Canada are funded?
612 of the 2491 High Tech companies in Canada on this list have disclosed at least one equity funding round.
How many High Tech unicorns are there in Canada?
9 High Tech companies in Canada on this list are valued at $1B or more.
Who are the top investors in Canada High Tech companies?
The most active investors in Canada High Tech companies on this list include BDC, Sustainable Development Technology Canada, Accelerator Centre, Ontario Centre of Innovation, Velocity.
Rohit KhannaTrends & Stories
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.