High Tech · Canada, India

Best High Tech Companies in Canada

Updated 2026-06-16 · Ranked by funding & momentum

2491 indexable High Tech companies headquartered in Canada, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $14.4B across 612 funded companies, including 9 unicorns.

2,491
Companies
$14.4B
Total Funding
612
Funded
9
Unicorns
10
Rounds (90d)

Ranked: Best High Tech companies in Canada

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Sanctuary AI
Developer of AI-powered general-purpose robots for industrial applications
$100M Series A Series A May 2026 131 2018 ↑ Active
2 Xanadu Unicorn
Manufacturer of cloud and AI-based application-specific ICs for quantum computing applications
$250M $1B
as of 2022
Public Grant (prize money) Mar 2026 188 2016 ↑ Active
3 Photonic
Provider of silicon integrated photonics and quantum optics
$140M Series D Series D May 2026 120 2013 ↑ Active
4 Bitfarms
Cloud mining solutions for cryptocurrency
$855.5M Public Post IPO Oct 2025 140 2017 ↑ Active
5 LayerZero Labs Canada Inc Unicorn
Omnichain interoperability protocol that unites decentralized applications
$263.3M $3B
as of 2023
Series B Series B Feb 2026 40 2021 ↑ Active
6 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
7 NanoOne
Developer of nanotech-based energy storage components
$96.3M Public Grant (prize money) Mar 2026 132 1987 ↑ Active
8 Vention
Provider of a modular hardware and software platform for industrial automation
$138.4M Series D Series D Jan 2026 360 2016 ↑ Active
9 Pyrogenesis
Manufacturer of metal powders for additive manufacturing
$54.4M Public Post IPO Mar 2026 107 1998 ↑ Active
10 Republic Tech
Operator of validator and attestation networks safeguarding data integrity and security
$103M Public Post IPO Feb 2026 2025 ↑ Active
11 Spark Microsystems
Provider of low-power radio transceivers for IoT applications
$46.3M Series B Series B Mar 2026 64 2016 ↑ Active
12 Figment Unicorn
Online platform for the staking solution
$165M $1.4B
as of 2021
Series C Series C Oct 2025 120 2018 ↑ Active
13 HydroGraph
Manufacturer of graphene and nanomaterials using patented detonation process
$28M Public Post IPO Mar 2026 3 2017 ↑ Active
14 CryptoStar
Hardware-based cryptocurrency mining solutions
$46.2M Public Post IPO Jan 2026 2017 ↑ Active
15 GHGSat
Provider of satellite-based imaging services to monitor greenhouse gas emissions
$145.1M Series C Series C Sep 2025 2 2011 ↑ Active
16 NanoXplore
Manufacturer of graphene and developer of new materials using graphene
$91.7M Public Post IPO Oct 2025 450 2011 ↑ Active
17 Mappedin
Provider of an indoor mapping platform
$10.3M Series B Series B Apr 2026 95 2011 ↑ Active
18 Nord Quantique
Manufacturer of superconducting qubits
$7.5M Series A Series A May 2026 10 2020 ↑ Active
19 Quantum Bridge Technologies
Provider of quantum computing technology for communication applications
$8.7M Series A Series A May 2026 15 2019 ↑ Active
20 Fobi
Cloud based platform offering customer engagement solutions
$11.5M Public Post IPO Mar 2026 34 2017 ↑ Active
21 Wyvern
Provider of high-resolution hyperspectral imagery data and open data programs
$11.6M Seed Seed Feb 2026 63 2018 ↑ Active
22 Blockstream Unicorn
Developer of blockchain-based platform building crypto-financial infrastructure
$651.1M $3.2B
as of 2021
Series C Series C Oct 2024 30 2014 ↑ Active
23 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
24 Speedbot
Provider of 3D vision and robotics for inspection and measurement in multiple industries
$74.6M Series B Series B Sep 2025 300 2018 ↑ Active
25 Mecademic
Manufacturer of compact high-precision industrial robots for micro-automation applications
$17.3M Series B Series B Feb 2026 30 2013 ↑ Active
26 Quantropi
Provider of quantum cryptography-based secure communication solutions
$4.5M Acquired Seed Apr 2026 33 2018 ↑ Active
27 Ada Unicorn
AI platform for text based customer support
$200M $1.2B
as of 2021
Series C Grant (prize money) Mar 2025 394 2016 ↑ Active
28 AON 3D
Manufacturer of industrial 3D printers based on stereolithography technology
$14.2M Series A Series A Jan 2026 59 2015 ↑ Active
29 Chata
Developer of a platform providing proactive data analytics and decision intelligence
$11M Series A Series A Jan 2026 47 2016 ↑ Active
30 Haply
Developer of haptic devices for VR applications
$3.5M Seed Seed Apr 2026 23 2016 ↑ Active
31 Anyon Systems
Computation tools and simulations to design the hardware for quantum computers
$16.7M Funding Raised Grant (prize money) Dec 2025 24 2014 ↑ Active
32 Brickeye
Provider of construction risk mitigation platform integrating IoT and data analytics
$10M Acquired Series B Jan 2026 2013 ↑ Active
33 BinSentry
Provider of AI-powered feed management system optimizing animal feed supply chains
$9.2M Series C Conventional Debt Dec 2025 32 2017 ↑ Active
34 Corinex
Corinex provides digital grid reinforcement through digital capacity infrastructure
$30M Series B Series B Sep 2025 64 1999 ↑ Active
35 BTQ
Provider of a platform offering post-quantum blockchain scaling solution
$36.3M Public Post IPO Jul 2025 27 1998 ↑ Active
36 Axelar Unicorn
Online platform for cross-chain communication for web3
$63.8M $1B
as of 2022
Series B Series B Mar 2025 50 2020 ↑ Active
37 Flare
Provider of threat exposure management platform that detects and remediates risks
$8.6M Series B Series B Nov 2025 50 2017 ↑ Active
38 SenseNet
Provider of AI-powered solutions for early detection of mountain and forest fires
$14M Series A Series A Oct 2025 7 2019 ↑ Active
39 LQWD
Bitcoin infrastructure and payment solutions
$18.9M Public Post IPO Jul 2025 2019 ↑ Active
40 Carbonova
Provider of solutions for converting greenhouse gas emissions into sustainable carbon nanomaterials for various industries
$6M Series A Series A Nov 2025 8 2017 ↑ Active
41 Shearwater
Developer of AI-based software for flight navigation
$3M Seed Seed Feb 2026 7 2018 ↑ Active
42 Geologicai
Online geological analytics platform for the mining industry
$20M Series B Series B Jul 2025 59 2013 ↑ Active
43 Muse
Provider of brainwave tracking devices and related premium subscription services
$41M Series C Series C Feb 2025 62 2007 ↑ Active
44 BeWhere
Developer of IoT enabled devices such as sensors and beacons
$2.9M Public Post IPO Feb 2026 15 2014 ↑ Active
45 Flosonics Medical
Developer of non-invasive hemodynamic monitoring devices
$39M Series C Venture Debt Mar 2025 38 2015 ↑ Active
46 y Inlan
Provider of an object tracking platform
$5M Series A Series A Dec 2025 4 2022 ↑ Active
47 Adaptiiv
Solution for developing 3D bolus for cancer patients
$8.6M Series B Series B Aug 2025 30 2016 ↑ Active
48 NexTech AR Solutions
Provider of AI and augmented reality solutions for events and commerce
$2.1M Public Post IPO Jan 2026 172 2018 ↑ Active
49 Swap Robotics
RaaS-based multi-utility solutions provider
$15.9M Seed Seed Jun 2025 37 2019 ↑ Active
50 Bot Press
Provider of a platform for building and deploying AI agent solutions
$15M Series B Series B Jun 2025 33 2017 ↑ Active

Top 12 High Tech companies in Canada

#1
Sanctuary AI Series A
$100M Raised
expand_more
#1

Sanctuary AI Series A

location_onVancouver, British Columbia
Founded
2018
Employees
131
Funding raised
$100M
Stage
Series A

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.

Funding rounds (6 disclosed of 7)
Round Date Amount
Series A Apr 2026 $1.5M
Series A Jan 2025 $2.5M
Series A Jul 2024 $328.3K
Series A Apr 2024 $2M
Series A Mar 2024 Undisclosed
Grant (prize money) Dec 2022 $30M
1 earlier round — sign up free
Tech stack
angularapple icloud mailcart functionalitycore-jsgoogle font apigoogle workspace+12
#2
Xanadu Unicorn Public
$250M Raised
expand_more
#2

Xanadu Unicorn Public

location_onToronto, Ontario
Founded
2016
Employees
188
Funding raised
$250M
Valuation
$1B · 2022
Stage
Public

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

Funding rounds (9 disclosed of 9)
Round Date Amount
Grant (prize money) Mar 2026 $2M
Conventional Debt Feb 2024 $2.8M
Grant (prize money) Feb 2023 $30M
Series C Nov 2022 $100M
Series B May 2021 $100M
Series A Jan 2020 $3.3M
3 earlier rounds — sign up free
Tech stack
acquia cloud platformacquia cloud site factoryadobe analyticsadobe experience platform identity serviceadobe experience platform launchamazon cloudfront+14
#3
Photonic Series D
$140M Raised
expand_more
#3

Photonic Series D

location_onCoquitlam, British Columbia
Founded
2013
Employees
120
Funding raised
$140M
Stage
Series D

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.

Funding rounds (4 disclosed of 4)
Round Date Amount
Series D May 2026 $70M
Series D Jan 2026 $131M
Grant (prize money) Dec 2025 $16.7M
Series C Nov 2023 $100M
Tech stack
ahoyall in one seoamazon cloudfrontamazon web servicesapple icloud mailautomatic.css+14
#4
Bitfarms Public
$855.5M Raised
expand_more
#4

Bitfarms Public

location_onToronto, Ontario
Founded
2017
Employees
140
Funding raised
$855.5M
Stage
Public

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.

Funding rounds (8 disclosed of 8)
Round Date Amount
Post IPO Oct 2025 $588M
Post IPO Nov 2023 $43.8M
Post IPO May 2021 $62.3M
Post IPO Feb 2021 $69.5M
Post IPO Jan 2021 $34.6M
Post IPO Jan 2021 $36.6M
2 earlier rounds — sign up free
#5
LayerZero Labs Canada Inc Unicorn Series B
$263.3M Raised
expand_more
#5

LayerZero Labs Canada Inc Unicorn Series B

location_onVancouver, British Columbia
Founded
2021
Employees
40
Funding raised
$263.3M
Valuation
$3B · 2023
Stage
Series B

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.

Funding rounds (6 disclosed of 7)
Round Date Amount
Series B Feb 2026 Undisclosed
Series B Apr 2025 $55M
ICO Jul 2024 $30K
Series B Apr 2023 $120M
Series B Mar 2022 $135M
Series A Sep 2021 $6.3M
1 earlier round — sign up free
Tech stack
cloudflarecloudflare browser insightscontentfulgoogle font apigoogle workspacehsts+14
#6
Cohere Unicorn Series D
$970M Raised
expand_more
#6

Cohere Unicorn Series D

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
#7
NanoOne Public
$96.3M Raised
expand_more
#7

NanoOne Public

location_onBurnaby, British Columbia
Founded
1987
Employees
132
Funding raised
$96.3M
Stage
Public

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.

Funding rounds (19 disclosed of 19)
Round Date Amount
Grant (prize money) Mar 2026 $2.2M
Grant (prize money) Oct 2025 $3.6M
Grant (prize money) Feb 2025 $12.9M
Grant (prize money) Sep 2024 $12.9M
Post IPO Sep 2023 $12.5M
Grant (prize money) Aug 2023 $803K
13 earlier rounds — sign up free
Tech stack
animate.cssautoptimizecloudflarecloudflare bot managementcore-jsfont awesome+14
#8
Vention Series D
$138.4M Raised
expand_more
#8

Vention Series D

location_onMontreal, Montreal
Founded
2016
Employees
360
Funding raised
$138.4M
Stage
Series D

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.

Funding rounds (6 disclosed of 7)
Round Date Amount
Series D Jan 2026 $110M
Series C Oct 2023 $15M
Series C May 2022 $95M
Series B Jun 2020 $27.8M
Series A Jan 2019 $12.8M
Seed Jan 2018 $2.8M
1 earlier round — sign up free
Tech stack
amazon sesamazon web servicesangularcart functionalitycdnjscloudflare+14
#9
Pyrogenesis Public
$54.4M Raised
expand_more
#9

Pyrogenesis Public

location_onMontreal, Montreal
Founded
1998
Employees
107
Funding raised
$54.4M
Stage
Public

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 sec

Funding rounds (29 disclosed of 29)
Round Date Amount
Post IPO Mar 2026 $1.5M
Post IPO Oct 2025 $3.8M
Post IPO Jul 2024 $2.8M
Post IPO Dec 2023 $936.9K
Post IPO Jun 2023 $3.8M
Post IPO Feb 2023 $5M
23 earlier rounds — sign up free
Founders & key people
Tech stack
acquia cloud platformacquia cloud site factoryadobe analyticsadobe experience platform identity serviceadobe experience platform launchakamai+14
#10
Republic Tech Public
$103M Raised
expand_more
#10

Republic Tech Public

location_onVancouver, British Columbia
Founded
2025
Funding raised
$103M
Stage
Public

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.

Funding rounds (2 disclosed of 2)
Round Date Amount
Post IPO Feb 2026 $3M
Post IPO Nov 2025 $100M
Founders & key people
#11
$46.3M Raised
expand_more
#11

Spark Microsystems Series B

location_onMontreal, Montreal
Founded
2016
Employees
64
Funding raised
$46.3M
Stage
Series B

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.

Funding rounds (5 disclosed of 5)
Round Date Amount
Series B Mar 2026 $12.4M
Series B Mar 2023 $24.6M
Series A Apr 2022 $5.7M
Series A Feb 2021 $13.8M
Seed Nov 2017 $2.2M
Tech stack
bootstrapcdnjscloudflaregodaddygoogle font apigoogle tag manager+11
#12
Figment Unicorn Series C
$165M Raised
expand_more
#12

Figment Unicorn Series C

location_onToronto, Ontario
Founded
2018
Employees
120
Funding raised
$165M
Valuation
$1.4B · 2021
Stage
Series C

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.

Funding rounds (5 disclosed of 6)
Round Date Amount
Series C Oct 2025 Undisclosed
Series C Dec 2021 $110M
Series B Aug 2021 $50M
Series A Oct 2020 $2.5M
Seed 2019 $1.5M
Seed 2018 $1M
Tech stack
amazon web servicesapple icloud mailcloudflarecloudflare bot managementcookieyescore-js+14

Recent signals in Canada High Tech

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Funding & investor landscape

Total raised
$14.4B
across these companies
Companies funded
612
with disclosed funding
Highest-funded
$970M raised

Most active investors

B BDC 90 investments in High Tech SC Sustainable Development Technology Canada 60 investments in High Tech AC Accelerator Centre 54 investments in High Tech OI Ontario Centre of Innovation 48 investments in High Tech V Velocity 43 investments in High Tech MD MaRS Discovery District 39 investments in High Tech EC Export Development Canada 36 investments in High Tech T Techstars 36 investments in High Tech MI MaRS IAF 29 investments in High Tech RV Real Ventures 28 investments in High Tech CA Canadian Space Agency 21 investments in High Tech CA Canadian Technology Accelerator 20 investments in High Tech

Notable founders in Canada High Tech

ON Olivia Norton Co-Founder & CPTO Sanctuary AI · $100M raised
CW Christian Weedbrook Founder & CEO Xanadu · $250M raised
SS Stephanie Simmons Founder & Chief Quantum Officer Photonic · $140M raised
BN Bonta Nicolas Founder & Chairman at Bitfarms Bitfarms · $855.5M raised
CB Caleb Banister Co-Founder LayerZero Labs Canada Inc · $263.3M raised
BP Bryan Pellegrino Co-Founder & CEO LayerZero Labs Canada Inc · $263.3M raised
NF Nick Frosst Co-Founder Cohere · $970M raised
IZ Ivan Zhang Co-Founder Cohere · $970M raised
AG Aidan Gomez Co-Founder & CEO Cohere · $970M raised
MW Max Windisch Co-Founder & CTO Vention · $138.4M raised
EL Etienne Lacroix Co-Founder & CEO Vention · $138.4M raised
PP Peter Pascali CEO Pyrogenesis · $54.4M raised

Frequently asked questions

How many High Tech companies are there in Canada?
Radar tracks 2491 indexable High Tech companies headquartered in Canada, India, 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.

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 2026-06-16.

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