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Radar · Industrial Goods and Manufacturing in Canada

Best Industrial Goods and Manufacturing Companies in Canada

The 1255 best Industrial Goods and Manufacturing companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Celestica.

1255companies tracked
$3.3Bdisclosed funding
0unicorns
118have raised

Canada's Industrial Goods and Manufacturing sector doesn't have a unicorn yet, but 1,255 tracked companies and $3.3B in disclosed funding tell you this space is anything but quiet. Vention leads the pack at $138M raised, with Versamet Royalties close behind at $104M. And then the field drops off fast: Maneva at $48M, Decisive Dividend at $37M, Mecademic at $17M, Canadian Copper at $14M. That spread matters. It means a handful of well-capitalized players are pulling ahead while most of the sector is still in earlier innings.

So what's actually moving right now? Coverage is rising across industrial performance, manufacturing output, and stock momentum themes, which I'd read as institutional money starting to pay closer attention. The investor mix here is telling too: BDC, Export Development Canada, Invest Quebec, Ontario Centre of Innovation, and Centech are the most active backers, meaning government-linked capital is doing a lot of the heavy lifting. If you're mapping where patient, strategic funding flows in Canadian manufacturing, that's your answer. The median app install growth of roughly 19% year-over-year across adjacent consumer and recreational goods categories signals downstream demand is real, and it's feeding upstream into production. This directory ranks the companies best positioned to catch that tide.

Sources & further reading
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FLIAR INTELLIGENCE · INDUSTRIAL GOODS AND MANUFACTURING × CANADA

Our analysis of 50 Industrial Goods and Manufacturing companies

$3.2b in tracked funding; 81% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

50companies analysed
81%cloud-native stacks
2025funding peak (by rounds)
2014median founding year
53median Fliar Index™
937kcombined LinkedIn audience
54%of audience held by top 3
7companies hiring publicly (12 mo)

Ranked: Best Industrial Goods and Manufacturing companies in Canada

#CompanyDisclosed fundingLast roundEmployeesFounderTech stackMarket signals (1y)Patents & IP focusRecent signals
1Celestica
End-to-end product lifecycle solutions and services
83Market top 17%Fin. health top 20%Funding top 25%News top 29%
All 12 signals ▾
Markettop 17%
Fin. healthtop 20%
Fundingtop 25%
Newstop 29%
Growthtop 31%
Globaltop 31%
Partnerstop 32%
Techtop 35%
Talenttop 39%
Moatbottom 44%
Patentsbottom 30%
Innovationbottom 22%
Market: 904 employees (top 7% of Industrial Goods and Manufacturing) · Revenue ~$12.4B
Fin. health: Revenue ~$12.4B (FY2026) · Net margin 5.2%
rank vs industry peers · Fliar Intelligence Index 83/100
$1.3B95 mo ago904Rob Mionis
President and CEO
DrupalApple iCloud MailGoogle Workspace+2550 signals ▲67%
Earnings · Leadership · Announcements
2 patents
Improving PCB trace‑pad connections for higher signal integrity
2 partnerships · 1 expansion · 1 award
2Badger Daylighting
Manufacturer of hydrovac, hydro-excavation, potholing and vacuum truck
84Innovation top 20%Product top 24%Funding top 27%Market top 29%
All 8 signals ▾
Innovationtop 20%
Producttop 24%
Fundingtop 27%
Markettop 29%
Techtop 44%
Newstop 46%
Globaltop 46%
Growthtop 48%
Innovation: 12 product lines
Product: 12 distinct product lines · 1 published app (402 installs)
rank vs industry peers · Fliar Intelligence Index 84/100
$300M80 mo ago2,254—WordPressMySQLPHP+286 signals
Earnings · Buyback
—1 job opening
3Previan
Manufacturer & designer of sensors, instruments, and remote monitoring equipment
42Funding top 30%Market top 44%Tech top 45%Talent bottom 49%
All 7 signals ▾
Fundingtop 30%
Markettop 44%
Techtop 45%
Talentbottom 49%
Moatbottom 38%
Growthbottom 35%
Globalbottom 32%
Funding: Raised $203M across 1 rounds · 1 rounds over 6 yrs (0.2/yr)
Market: 1,600 employees (top 5% of Industrial Goods and Manufacturing) · Top-10,000,000 web property
rank vs industry peers · Fliar Intelligence Index 42/100
$203M76 mo ago1,600Martin Theriault
Founder
WordPressPleskMySQL+30———
4kdc/one
Manufacturer and distributor of multi-category consumer products
74Product top 14%Innovation top 20%Funding top 29%Growth top 33%
All 10 signals ▾
Producttop 14%
Innovationtop 20%
Fundingtop 29%
Growthtop 33%
Markettop 38%
Newstop 42%
Talentbottom 49%
Techbottom 48%
Moatbottom 45%
Globalbottom 38%
Product: 12 distinct product lines · Company stage: Public
Innovation: 12 product lines
rank vs industry peers · Fliar Intelligence Index 74/100
$165M50 mo ago15,000Nicholas Whitley
CEO
DrupalApple iCloud MailMariaDB+163 signals ▲50%
M&A · Announcements
—1 job opening
5Vention
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
$138M4 mo ago360Max Windisch
Co-Founder & CTO
Cart FunctionalityRubyAce+4114 signals ▲56%
New product · Funding · Capital raise
9 patents
Modular T-slot framing and safety systems for configurable industrial automation equipment
2 launchs
6Intelex
Environment health & safety software for manufacturing industry
69Tech top 30%Funding top 36%Product top 36%Market top 38%
All 11 signals ▾
Techtop 30%
Fundingtop 36%
Producttop 36%
Markettop 38%
Talenttop 38%
Moattop 39%
Growthtop 45%
AItop 45%
Customersbottom 41%
Globalbottom 36%
Newsbottom 27%
Tech: 52 technologies across 6/8 capability areas · Cloud: Amazon Web Services, Cloudflare
Funding: Raised $123M across 1 rounds · 1 rounds over 11 yrs (0.1/yr)
rank vs industry peers · Fliar Intelligence Index 69/100
$123M130 mo ago499Ted Grunau
Co-Founder
WordPressSentryMySQL+38——1 award
7Versamet Royalties
Provider of metals mining and development services
79Funding top 17%Growth top 20%Tech top 42%Talent bottom 49%
All 5 signals ▾
Fundingtop 17%
Growthtop 20%
Techtop 42%
Talentbottom 49%
Globalbottom 33%
Funding: Raised $104M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
Growth: Web rank 50,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 79/100
$104M4 mo ago—John Armstrong
CEO
WordPress Site EditorWordPressMySQL+23———
8TransCanada Turbines
Home | TransCanada Turbines
72Product top 18%Innovation top 20%Growth top 30%Market top 42%
All 7 signals ▾
Producttop 18%
Innovationtop 20%
Growthtop 30%
Markettop 42%
Fundingbottom 49%
Techbottom 34%
Globalbottom 33%
Product: 12 distinct product lines
Innovation: 12 product lines
rank vs industry peers · Fliar Intelligence Index 72/100
$67M67 mo ago206—Windows ServerYouTubeMicrosoft ASP.NET+6——3 job openings
9Kinova
Developer of robotic arms for personal assistance and research purposes
69Patents top 20%Innovation top 27%Moat top 28%Funding top 33%
All 11 signals ▾
Patentstop 20%
Innovationtop 27%
Moattop 28%
Fundingtop 33%
Talenttop 34%
Techtop 38%
Growthtop 45%
Markettop 46%
Producttop 49%
Globalbottom 45%
Newsbottom 27%
Patents: 83 patents matched (strict assignee match) · 41 filings since 2022 vs 28 in 2017-21
Innovation: 83 patents (top 12% of patent-holders) · 41 filings since 2022 vs 28 in 2017-21
rank vs industry peers · Fliar Intelligence Index 69/100
$57M52 mo ago243Charles Deguire
Co-Founder & CEO
Craft CMSPHPYii+23—83 patents
Modular robotic manipulators with protected joints, advanced admittance control, and teachable interfaces
1 partnership
10STEP Energy Services
Provides multiple solutions for oilfield service company
53Product top 26%Market top 31%Partners top 37%News top 40%
All 11 signals ▾
Producttop 26%
Markettop 31%
Partnerstop 37%
Newstop 40%
Patentstop 41%
Fundingtop 43%
Innovationtop 47%
Talentbottom 49%
Techbottom 45%
Globalbottom 45%
Growthbottom 32%
Product: 12 distinct product lines · Company stage: Acquired
Market: 1,178 employees (top 6% of Industrial Goods and Manufacturing) · Top-5,000,000 web property
rank vs industry peers · Fliar Intelligence Index 53/100
$56M99 mo ago1,178Regan Davis
CEO
WebflowApple iCloud MailMicrosoft 365+1411 signals ▼61%
Earnings · Contracts · Regulatory
21 patents
Hydraulic fracturing and wellbore treatment—proppant handling, diversion materials, and milling technologies.
1 partnership
11Fiix
Cloud-based CMMS software for commercial spaces
67Tech top 30%Product top 33%Innovation top 35%Funding top 36%
All 11 signals ▾
Techtop 30%
Producttop 33%
Innovationtop 35%
Fundingtop 36%
Moattop 37%
Patentstop 40%
Growthtop 45%
AItop 45%
Markettop 48%
Customersbottom 46%
Globalbottom 36%
Tech: 51 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services
Product: 5 distinct product lines · 1 published app (97.9k installs)
rank vs industry peers · Fliar Intelligence Index 67/100
$52M88 mo ago192—WordPressMySQLSalesforce+37—11 patents
AI-driven predictive maintenance and inventory optimization for enterprise asset management
—
12Maneva
AI solutions for manufacturing focusing on real-time issue detection and automation
22Funding top 23%Talent bottom 45%Tech bottom 42%Global bottom 25%
All 5 signals ▾
Fundingtop 23%
Talentbottom 45%
Techbottom 42%
Globalbottom 25%
Marketbottom 22%
Funding: Raised $48.4M across 2 rounds · 2 rounds over 1 yrs (2.0/yr)
Talent: 1 named leader on record
rank vs industry peers · Fliar Intelligence Index 22/100
$48M1 mo ago—Rae Jeong
Co-Founder & CEO
WebflowThree.jsGSAP+14———
13Laserax
Manufacturer of laser marking, cleaning, and welding machines
62Funding top 29%Patents top 31%Innovation top 32%Growth top 35%
All 9 signals ▾
Fundingtop 29%
Patentstop 31%
Innovationtop 32%
Growthtop 35%
Moattop 36%
Talenttop 38%
Techtop 50%
Marketbottom 46%
Globalbottom 36%
Funding: Raised $45.5M across 2 rounds · 2 rounds over 9 yrs (0.2/yr)
Patents: 37 patents matched (strict assignee match) · 16 filings since 2022 vs 16 in 2017-21
rank vs industry peers · Fliar Intelligence Index 62/100
$46M19 mo ago91Alex Fraser
Co-Founder & CTO
DrupalMariaDBPHP+22—37 patents
Laser welding and inspection systems for battery pack busbars and cell stacks
1 expansion
14Poka
Multi-platform application designed to assemble all data & procedures related to the business
57Tech top 26%Funding top 33%News top 40%Product top 42%
All 8 signals ▾
Techtop 26%
Fundingtop 33%
Newstop 40%
Producttop 42%
Growthtop 45%
Markettop 49%
Talentbottom 49%
Globalbottom 38%
Tech: 41 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon Ses
Funding: Raised $45.0M across 4 rounds · 4 rounds over 11 yrs (0.4/yr)
rank vs industry peers · Fliar Intelligence Index 57/100
$45M60 mo ago136Antoine Bisson
Co-Founder & Cto
Apple iCloud MailGoogle WorkspaceNode.js+30——2 partnerships
15Fibracast
Provider of water management services
72Innovation top 22%Patents top 22%Funding top 23%Moat top 45%
All 8 signals ▾
Innovationtop 22%
Patentstop 22%
Fundingtop 23%
Moattop 45%
Talentbottom 48%
Marketbottom 47%
Newsbottom 45%
Globalbottom 37%
Innovation: 68 patents (top 14% of patent-holders) · 29 filings since 2022 vs 23 in 2017-21
Patents: 68 patents matched (strict assignee match) · 29 filings since 2022 vs 23 in 2017-21
rank vs industry peers · Fliar Intelligence Index 72/100
$45M15 mo ago69Steve Watzeck
CEO and Board Member
——68 patents
Immersed membrane bioreactor filtration and fine‑bubble aeration for wastewater treatment
1 job opening
16Dozr
Online marketplace providing rental access to construction and industrial equipment
48Tech top 27%Talent top 28%Moat top 31%Product top 39%
All 11 signals ▾
Techtop 27%
Talenttop 28%
Moattop 31%
Producttop 39%
Fundingtop 43%
Marketbottom 49%
Innovationbottom 45%
Globalbottom 36%
Growthbottom 35%
Patentsbottom 28%
Newsbottom 21%
Tech: 39 technologies across 5/8 capability areas · Cloud: Cloudflare, Vercel
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 48/100
$44M52 mo ago86Erin Stephenson
Co-Founder & CMO
Node.jsVimeoReact+24—2 patents
Machine usage monitoring and control systems for industrial equipment
—
17CoLab Software
Provider of AI-powered collaboration platform for engineering and product development teams
72Funding top 21%AI top 30%Partners top 32%News top 34%
All 12 signals ▾
Fundingtop 21%
AItop 30%
Partnerstop 32%
Newstop 34%
Growthtop 35%
Techtop 37%
Moattop 37%
Talenttop 38%
Innovationtop 42%
Patentstop 43%
Marketbottom 45%
Globalbottom 39%
Funding: Raised $40.6M across 7 rounds · 7 rounds over 8 yrs (0.9/yr)
AI: Classified as an AI company · Product described with: ai-powered
rank vs industry peers · Fliar Intelligence Index 72/100
$41M8 mo ago86Adam Keating
Co-Founder & CEO
WebflowSentryApple iCloud Mail+303 signals ▲200%
Funding · Capital raise
6 patents
Collaborative product design recommendation and visualization platforms for multi-user CAD systems
—
18Decisive Dividend
Holding firm focused on acquiring manufacturing companies
50Funding top 23%Tech top 47%Talent bottom 49%Market bottom 46%
All 7 signals ▾
Fundingtop 23%
Techtop 47%
Talentbottom 49%
Marketbottom 46%
Growthbottom 45%
Newsbottom 33%
Globalbottom 33%
Funding: Raised $36.9M across 2 rounds · 2 rounds over 7 yrs (0.3/yr)
Tech: 31 technologies across 3/8 capability areas · Cloud: Akamai, Cloudflare
rank vs industry peers · Fliar Intelligence Index 50/100
$37M2 mo ago92James Paterson
Current Chairman of the Board and Past-CEO(from inception 2012 to May 31/2021)
WordPressMySQLPHP+25——1 expansion
19Bitstew Systems
Software defined operations for industrial IoT
60Talent top 15%Funding top 40%Market top 47%Global bottom 36%
All 5 signals ▾
Talenttop 15%
Fundingtop 40%
Markettop 47%
Globalbottom 36%
Newsbottom 27%
Talent: Analyst team rating 5/5
Funding: Raised $24.7M across 6 rounds · 6 rounds over 13 yrs (0.5/yr)
rank vs industry peers · Fliar Intelligence Index 60/100
$25M120 mo ago100—————
20Robotiq
Makes tools for automation and flexible robotics grippers
60Tech top 26%Patents top 35%Moat top 38%Talent top 38%
All 12 signals ▾
Techtop 26%
Patentstop 35%
Moattop 38%
Talenttop 38%
Partnerstop 41%
Fundingtop 43%
Innovationtop 45%
Growthtop 45%
Producttop 46%
Markettop 49%
Globalbottom 40%
Newsbottom 21%
Tech: 52 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3
Patents: 44 patents matched (strict assignee match) · 13 filings since 2022 vs 25 in 2017-21
rank vs industry peers · Fliar Intelligence Index 60/100
$23M90 mo ago143Vincent Duchaine
Co-Founder
HubSpot CMS HubSentryZendesk+29—44 patents
Adaptive gripper and magnetic actuation technologies for collaborative robot end‑effectors
2 launchs
21VEERUM
Provider of digital twin based asset visualization tool for manufacturing units
42Product top 30%Innovation top 34%Funding top 42%Tech bottom 49%
All 8 signals ▾
Producttop 30%
Innovationtop 34%
Fundingtop 42%
Techbottom 49%
Talentbottom 49%
Marketbottom 38%
Globalbottom 36%
Newsbottom 22%
Product: 6 distinct product lines · Company stage: Series B
Innovation: 6 product lines
rank vs industry peers · Fliar Intelligence Index 42/100
$23M36 mo ago54David Lod
CEO
WordPressApple iCloud MailGoogle Workspace+25——1 job opening
22Invotek Group
Provider of electronic products manufacturing, designing & engineering services
53Funding top 37%Growth top 45%Tech bottom 49%Market bottom 45%
All 5 signals ▾
Fundingtop 37%
Growthtop 45%
Techbottom 49%
Marketbottom 45%
Globalbottom 45%
Funding: Raised $23.0M across 13 rounds · 13 rounds over 19 yrs (0.7/yr)
rank vs industry peers · Fliar Intelligence Index 53/100
$23M41 mo ago100—WordPressMySQLPHP+23———
23Worximity
Provider of production analysis software
37Funding top 39%Growth top 45%Tech top 45%Global bottom 37%
All 6 signals ▾
Fundingtop 39%
Growthtop 45%
Techtop 45%
Globalbottom 37%
Marketbottom 36%
Newsbottom 22%
Funding: Raised $22.2M across 5 rounds · 5 rounds over 11 yrs (0.5/yr)
rank vs industry peers · Fliar Intelligence Index 37/100
$22M48 mo ago44—Webflow EcommerceWebflowEmotion+25——1 partnership · 1 expansion
24Smart Skin
Provider of line monitoring system
53Patents top 20%Innovation top 24%Moat top 25%Funding top 26%
All 10 signals ▾
Patentstop 20%
Innovationtop 24%
Moattop 25%
Fundingtop 26%
Producttop 30%
Techtop 40%
Newstop 40%
Talentbottom 40%
Marketbottom 36%
Globalbottom 36%
Patents: 71 patents matched (strict assignee match) · Lead CPC: A63B60/46 (+1 more areas)
Innovation: 71 patents (top 12% of patent-holders) · 8 product lines
rank vs industry peers · Fliar Intelligence Index 53/100
$19M10 mo ago55Evan Justason
CEO
Cart FunctionalityWordPressApple iCloud Mail+25—71 patents
Smart tactile sensor systems for real-time force, pressure, and impact monitoring in industrial assets
—
25Canvass
Developer of AI platform that transforms scattered information into actionable insights
53AI top 20%Innovation top 23%Funding top 37%Product top 43%
All 9 signals ▾
AItop 20%
Innovationtop 23%
Fundingtop 37%
Producttop 43%
Talentbottom 49%
Marketbottom 40%
Globalbottom 37%
Newsbottom 32%
Techbottom 15%
AI: Classified as an AI company
Innovation: 9 product lines · Deep-tech classification: Artificial Intelligence
rank vs industry peers · Fliar Intelligence Index 53/100
$19M46 mo ago41Humera Malik
Founder & CEO
————
26Raven Telemetry
Cloud-based platform for assets monitoring
45Moat top 31%Funding top 37%Talent top 38%Growth top 45%
All 10 signals ▾
Moattop 31%
Fundingtop 37%
Talenttop 38%
Growthtop 45%
AItop 45%
Techtop 48%
Patentsbottom 44%
Innovationbottom 38%
Marketbottom 37%
Globalbottom 36%
Moat: Editorial + unicorn rating 7/10 · IP moat: 10 patents
Funding: Raised $18.6M across 3 rounds · 3 rounds over 8 yrs (0.4/yr)
rank vs industry peers · Fliar Intelligence Index 45/100
$19M40 mo ago65Priyansh Srivastava
Co-Founder
WordPressMySQLPHP+27—10 patents
Industrial IoT performance monitoring and augmented management/analytics systems
—
27Mecademic
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
$17M3 mo ago30Philippe Beaulieu
Chief Executive Officer
WordPress Block EditorElementorWordPress+313 signals ▲200%
Funding · Capital raise
——
28Base Two
Developer of an AI platform for manufacturing process optimization and control
60AI top 20%Talent top 28%Funding top 34%Growth top 35%
All 9 signals ▾
AItop 20%
Talenttop 28%
Fundingtop 34%
Growthtop 35%
Moattop 39%
Techtop 46%
Globalbottom 39%
Marketbottom 29%
Newsbottom 18%
AI: Classified as an AI company
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 60/100
$17M20 mo ago20Tawfeeq Gaffoor
Co-Founder & CTO
WebflowApple iCloud MailGoogle Workspace+25——1 partnership
29Theprovenancechain
Provider of supply chain transparency solutions using a secure, verifiable framework
16Funding top 34%Tech top 43%Global bottom 48%Market bottom 15%
All 4 signals ▾
Fundingtop 34%
Techtop 43%
Globalbottom 48%
Marketbottom 15%
Funding: Raised $14.5M across 2 rounds · 2 rounds over 2 yrs (1.0/yr)
Tech: 23 technologies across 5/8 capability areas · Cloud: Cloudflare, Google Cloud
rank vs industry peers · Fliar Intelligence Index 16/100
$14M20 mo ago16—Cart FunctionalityWixSentry+20———
30Canadian Copper
Provider of copper exploration services
57News top 14%Growth top 21%Funding top 33%Partners top 37%
All 8 signals ▾
Newstop 14%
Growthtop 21%
Fundingtop 33%
Partnerstop 37%
Techtop 47%
Talentbottom 40%
Marketbottom 36%
Globalbottom 36%
News: 37 BI events in 12 mo (of 68 tracked, 8 types) · +76% YoY
Growth: Web rank 50,000,000 → 10,000,000 YoY · 7 acquisition/expansion moves in 24 mo
rank vs industry peers · Fliar Intelligence Index 57/100
$14M3 mo ago—Simon Quick
CEO
WordPressMySQLPHP+2437 signals ▲76%
Capital raise · Funding · Announcements
——
31Evanesce
Manufacturer of compostable plant-based food serviceware and single-use products
16Funding top 35%Talent bottom 49%Tech bottom 44%Global bottom 32%
All 6 signals ▾
Fundingtop 35%
Talentbottom 49%
Techbottom 44%
Globalbottom 32%
Marketbottom 22%
Newsbottom 18%
Funding: Raised $12.1M across 3 rounds · 3 rounds over 5 yrs (0.6/yr)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
rank vs industry peers · Fliar Intelligence Index 16/100
$12M16 mo ago15
15 → 30 (+100%)
Douglas Horne
CEO & President
Cart FunctionalityWooCommerceWordPress+26———
32PreVu3D
Provider of Digital Twin solutions
57Global top 25%Innovation top 38%Tech top 40%Funding top 41%
All 9 signals ▾
Globaltop 25%
Innovationtop 38%
Techtop 40%
Fundingtop 41%
Producttop 41%
Growthtop 45%
Talentbottom 49%
Marketbottom 45%
Newsbottom 22%
Global: Serving 60+ countries worldwide · Investors from 1 country beyond Canada
Innovation: 3 product lines
rank vs industry peers · Fliar Intelligence Index 57/100
$12M40 mo ago38Nicolas Morency
Founder & CEO
WordPressApple iCloud MailGoogle Workspace+31——3 launchs · 1 partnership
33Nanoprecise
Provider of AI-based predictive maintenance solutions for industrial equipment
62Innovation top 23%Talent top 28%Product top 29%AI top 30%
All 12 signals ▾
Innovationtop 23%
Talenttop 28%
Producttop 29%
AItop 30%
Fundingtop 39%
Moattop 39%
Techtop 42%
Growthtop 45%
Globalbottom 43%
Marketbottom 41%
Fin. healthbottom 31%
Newsbottom 18%
Innovation: 12 product lines · Deep-tech classification: Artificial Intelligence, Tech Hardware
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 62/100
$10M14 mo ago73
73 → 97 (+33%)
Sunil Vedula
Co-Founder
WordPress Block EditorWordPressMySQL+19——1 launch
34Eigen
Developer of AI-powered thermal imaging systems for industrial quality control
48Innovation top 34%Funding top 36%Moat top 39%Product top 43%
All 10 signals ▾
Innovationtop 34%
Fundingtop 36%
Moattop 39%
Producttop 43%
AItop 45%
Talentbottom 49%
Techbottom 43%
Globalbottom 39%
Marketbottom 34%
Newsbottom 23%
Innovation: 11 product lines
Funding: Raised $8.1M across 11 rounds · 11 rounds over 10 yrs (1.1/yr)
rank vs industry peers · Fliar Intelligence Index 48/100
$8M20 mo ago24Erin Barrett
President & CEO
————
35Omnirobotic
Provider of autonomous industrial robots
22Moat top 38%Talent top 38%Product top 43%Funding top 46%
All 11 signals ▾
Moattop 38%
Talenttop 38%
Producttop 43%
Fundingtop 46%
Techbottom 48%
Innovationbottom 45%
Growthbottom 35%
Patentsbottom 34%
Globalbottom 31%
Marketbottom 25%
Newsbottom 22%
Moat: Editorial + unicorn rating 7/10 · IP moat: 2 patents
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 22/100
$6M27 mo ago16Francois Simard
Co-Founder & CEO
WordPressMySQLPHP+21—2 patents
Robotic arm trajectory planning and kinematic computation services
—
36Visionbyscope
Provider of AI-powered rope inspection systems for utility stringing line maintenance
11AI top 30%Funding bottom 45%Tech bottom 40%Global bottom 25%
All 5 signals ▾
AItop 30%
Fundingbottom 45%
Techbottom 40%
Globalbottom 25%
Marketbottom 15%
AI: Classified as an AI company · Product described with: ai-powered
Funding: Raised $5.9M across 1 rounds · 1 rounds over 2 yrs (0.5/yr)
rank vs industry peers · Fliar Intelligence Index 11/100
$6M15 mo ago7—Framer SitesReactAmazon Web Services+7———
37Elevated Signals
Provider of farm monitoring solutions for cannabis growers
32Innovation top 43%Tech top 43%Product top 46%Funding top 49%
All 9 signals ▾
Innovationtop 43%
Techtop 43%
Producttop 46%
Fundingtop 49%
Talentbottom 49%
Moatbottom 45%
Globalbottom 36%
Marketbottom 28%
Newsbottom 22%
Innovation: 2 product lines
Tech: 27 technologies across 5/8 capability areas · Cloud: Amazon S3, Amazon Ses
rank vs industry peers · Fliar Intelligence Index 32/100
$6M27 mo ago23Amar Singh
CEO
WebflowAmazon Web ServicesGSAP+23——1 launch
38Axya
Provider of SaaS based material planning software
32Talent top 28%Tech top 42%Funding bottom 49%Product bottom 39%
All 7 signals ▾
Talenttop 28%
Techtop 42%
Fundingbottom 49%
Productbottom 39%
Globalbottom 37%
Marketbottom 30%
Newsbottom 22%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Tech: 24 technologies across 5/8 capability areas · Cloud: Amazon Ses, Amazon Web Services
rank vs industry peers · Fliar Intelligence Index 32/100
$6M54 mo ago35Nicolas Gauthier
Co-Founder
Cart FunctionalityFramer SitesInstatus+21———
39Nexera
Provider of robotic grippers
16Talent top 28%Funding top 50%Global bottom 29%Market bottom 22%
All 4 signals ▾
Talenttop 28%
Fundingtop 50%
Globalbottom 29%
Marketbottom 22%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding: Raised $3.1M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 16/100
$3M15 mo ago10Carlo Menon
Co-Founder
———1 partnership
40Novarc Technologies
Provider of a collaborative welding robot system
60Innovation top 32%Growth top 35%Tech top 38%Moat top 39%
All 11 signals ▾
Innovationtop 32%
Growthtop 35%
Techtop 38%
Moattop 39%
Producttop 40%
Fundingtop 43%
Partnerstop 45%
Marketbottom 48%
Talentbottom 40%
Globalbottom 36%
Newsbottom 20%
Innovation: 2 product lines · Deep-tech classification: Tech Hardware
Growth: Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 60/100
$3M15 mo ago101Reza Abdollahi
Co-Founder & CTO
WordPressApple iCloud MailGoogle Workspace+26——2 partnerships · 1 award
41C2Ro
Provider of AI video analytics solutions for retail and other industries
24Innovation top 48%Funding top 49%Tech top 50%Product bottom 48%
All 7 signals ▾
Innovationtop 48%
Fundingtop 49%
Techtop 50%
Productbottom 48%
Globalbottom 38%
Marketbottom 27%
Newsbottom 22%
Innovation: 1 product line
Funding: Raised $2.8M across 3 rounds · 3 rounds over 8 yrs (0.4/yr)
rank vs industry peers · Fliar Intelligence Index 24/100
$3M13 mo ago27—Wix eCommerceWixSentry+15———
42Molten Metals
Manufacturer of antimony and tin metal products
57Funding top 36%Growth top 42%Talent bottom 49%News bottom 38%
All 5 signals ▾
Fundingtop 36%
Growthtop 42%
Talentbottom 49%
Newsbottom 38%
Globalbottom 25%
Funding: Raised $2.8M across 6 rounds · 6 rounds over 3 yrs (2.0/yr)
Growth: 10 acquisition/expansion moves in 24 mo · Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 57/100
$3M6 mo ago—Lara Smith
CEO
—3 signals ▼81%
Funding
——
43Bioform
Provider of alternatives to single-use plastics and climate-friendly materials through low-energy hydrogel…
11Talent top 28%Funding bottom 41%Global bottom 36%Tech bottom 35%
All 5 signals ▾
Talenttop 28%
Fundingbottom 41%
Globalbottom 36%
Techbottom 35%
Marketbottom 16%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding: Raised $2.4M across 2 rounds · 2 rounds over 5 yrs (0.4/yr)
rank vs industry peers · Fliar Intelligence Index 11/100
$2M25 mo ago—Mark Martinez
Co-Founder
Framer SitesReactPriority Hints+5———
44Metafold
Developer of software for creating high complexity parts for 3D printing
27Innovation top 42%Patents top 42%Growth top 45%Tech top 45%
All 9 signals ▾
Innovationtop 42%
Patentstop 42%
Growthtop 45%
Techtop 45%
Moatbottom 49%
Talentbottom 49%
Fundingbottom 38%
Globalbottom 37%
Marketbottom 13%
Innovation: 7 patents (top 70% of patent-holders) · 7 filings since 2022 vs 0 in 2017-21
Patents: 7 patents matched (strict assignee match) · 7 filings since 2022 vs 0 in 2017-21
rank vs industry peers · Fliar Intelligence Index 27/100
$2M35 mo ago9Tom Reslinski
COO & Co-Founder
Node.jsThree.jsTailwind CSS+16—7 patents
Cloud‑based additive manufacturing workflow integrating client‑server rendering and 3D printing
—
45Fox Robotics
Offers industrial automation & robotics solutions for multiple industries
27Global bottom 45%Funding bottom 38%
All 2 signals ▾
Globalbottom 45%
Fundingbottom 38%
Global: Investors from 2 countries beyond Canada
Funding: Raised $2.2M across 2 rounds · 2 rounds over 5 yrs (0.4/yr)
rank vs industry peers · Fliar Intelligence Index 27/100
$2M31 mo ago8—————
46Xaba
Developer of an AI platform for industrial automation and robotics
45AI top 20%Patents top 33%Innovation top 38%Talent top 38%
All 10 signals ▾
AItop 20%
Patentstop 33%
Innovationtop 38%
Talenttop 38%
Growthtop 45%
Moatbottom 49%
Fundingbottom 47%
Techbottom 43%
Globalbottom 43%
Marketbottom 19%
AI: Classified as an AI company
Patents: 9 patents matched (strict assignee match) · 9 filings since 2022 vs 0 in 2017-21
rank vs industry peers · Fliar Intelligence Index 45/100
$2M14 mo ago6Davide Panelli
Co-Founder
Cart FunctionalitySquarespace CommerceSquarespace+15—9 patents
Patents concentrated in transport & manufacturing processes
1 job opening · 1 launch
47TerraVest Industries
Manufacturer of fiberglass storage tanks
74Product top 14%Innovation top 20%Market top 30%News top 34%
All 8 signals ▾
Producttop 14%
Innovationtop 20%
Markettop 30%
Newstop 34%
Growthtop 42%
Fundingtop 46%
Techbottom 37%
Globalbottom 25%
Product: 7 distinct product lines · Company stage: Public
Innovation: 7 product lines
rank vs industry peers · Fliar Intelligence Index 74/100
$2M13 mo ago1,356—WordPressMySQLPHP+2011 signals ▼31%
Earnings · M&A · Leadership
——
48APF Villeneuve
Company specializes in high precision metal manufacturing services
29Funding bottom 46%Talent bottom 45%Global bottom 29%
All 3 signals ▾
Fundingbottom 46%
Talentbottom 45%
Globalbottom 29%
Funding: Raised $1.6M across 1 rounds · 1 rounds over 2 yrs (0.5/yr)
Talent: 1 named leader on record
rank vs industry peers · Fliar Intelligence Index 29/100
$2M28 mo ago—Erick Villeneuve
CEO
————
49Forge
Provider of CNC machining services
55Talent top 45%Funding top 48%Global bottom 48%
All 3 signals ▾
Talenttop 45%
Fundingtop 48%
Globalbottom 48%
Talent: 2 named leaders on record
Funding: Raised $635k across 2 rounds · 2 rounds over 2 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 55/100
$635K12 mo ago—Walter Raftus
Co-Founder & CTO
————
50Solinas Technologies
Developer of acoustic technology for locating buried plastic and lead pipes
24Talent bottom 45%Funding bottom 44%Tech bottom 41%Global bottom 25%
All 4 signals ▾
Talentbottom 45%
Fundingbottom 44%
Techbottom 41%
Globalbottom 25%
Talent: 1 named leader on record
Funding: Raised $146k across 2 rounds · 2 rounds over 2 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 24/100
$146K3 mo ago—Marc Bracken
CEO
WordPressMySQLPHP+26——1 expansion

Top 12 Industrial Goods and Manufacturing companies in Canada

#1
Series D · Montreal, Montreal · founded 2016 · 360 employees
$138.4Mraised
▾

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 — 9.4% 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
Max WindischCo-Founder & CTOEtienne LacroixCo-Founder & CEO
Investors
Real Ventures, Bolt, White Star Capital, Bain Capital Ventures, Georgian, Fidelity
Tech stack
Amazon SesAmazon Web ServicesAngularCart FunctionalityCdnjsCloudflare
#2
Series A · North York, Ontario · founded 2021
$48.4Mraised
▾

AI solutions for manufacturing focusing on real-time issue detection and automation. The company offers VITA and ALIS, designed as video-to-action AI agents for manufacturing optimization using existing cameras. It focuses on quality assurance and downtime reduction by instantly detecting defects, mislabels, scratches, cracks, and machine issues.

Fliar Intelligence Index™ 22how this company ranks against its industry peers
Funding
top 23%
Talent
bottom 45%
Tech
bottom 42%
Global
bottom 25%
Market
bottom 22%
Funding: Raised $48.4M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) · Last round Series A (Apr 2026)
Talent: 1 named leader on record
Tech: 17 technologies across 3/8 capability areas · Cloud: Cloudflare · Security: Cloudflare Bot Management, Cloudflare Turnstile
Audience (LinkedIn): 13k LinkedIn followers
Funding rounds
  • Apr 2026Series A$38.4M
  • Mar 2025Seed$10M
Founders & team
Rae JeongCo-Founder & CEO
Tech stack
CloudflareCloudflare Bot ManagementCloudflare TurnstileGoogle Font ApiGoogle Hosted LibrariesGsap
#3
Public · Vancouver, British Columbia · founded 2021
$104.3Mraised
▾

Versamet Royalties is a returns-focused royalty company that invests in mining royalties, streams, and similar assets to generate superior risk-adjusted returns. Their diverse portfolio includes metals that advance industries, materials supporting sustainable infrastructure, and investment assets.

Fliar Intelligence Index™ 79how this company ranks against its industry peers
Funding
top 17%
Growth
top 20%
Tech
top 42%
Talent
bottom 49%
Global
bottom 33%
Funding: Raised $104M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Post IPO (Jan 2026)
Growth: Web rank 50,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo
Tech: 33 technologies across 4/8 capability areas · Cloud: Cloudflare, Fastly · Devops: Nginx, Varnish
Funding rounds
  • Jan 2026Post IPO$104.3M
Founders & team
John ArmstrongCEO
Investors
Beedie Capital Partners
Tech stack
CloudflareCore-JsFastlyFont AwesomeGlide.JsGoogle Analytics
#4
Public · Kelowna, British Columbia · founded 2012 · 92 employees
$36.9Mraised
▾

Holding firm focused on acquiring manufacturing companies

Fliar Intelligence Index™ 50how this company ranks against its industry peers
Funding
top 23%
Tech
top 47%
Talent
bottom 49%
Market
bottom 46%
Growth
bottom 45%
News
bottom 33%
Funding: Raised $36.9M across 2 rounds · 2 rounds over 7 yrs (0.3/yr) · Last round Post IPO (Apr 2026)
Tech: 31 technologies across 3/8 capability areas · Cloud: Akamai, Cloudflare · Security: Akamai Bot Manager, Cloudflare Bot Management
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Audience (LinkedIn): 2k LinkedIn followers
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
  • Apr 2026Post IPO$5.7M
  • Aug 2019Conventional Debt$31.2M
Founders & team
James PatersonCurrent Chairman of the Board and Past-CEO(from inception 2012 to May 31/2021)
Investors
Scotiabank, Roynat Capital
Tech stack
BootstrapCloudflareCloudflare Bot ManagementCloudflare Browser InsightsCore-JsGoogle Analytics
#5
Public · Toronto, Ontario · founded 2021
$14.1Mraised
▾

Provider of copper exploration services

Fliar Intelligence Index™ 57how this company ranks against its industry peers
News
top 14%
Growth
top 21%
Funding
top 33%
Partners
top 37%
Tech
top 47%
Talent
bottom 40%
News: 37 BI events in 12 mo (of 68 tracked, 8 types) · +76% YoY · 12 high-value events (IPO/M&A/funding/contracts) in 12 mo
Growth: Web rank 50,000,000 → 10,000,000 YoY · 7 acquisition/expansion moves in 24 mo · Fresh capital in last 24 mo
Funding: Raised $14.1M across 5 rounds · 5 rounds over 4 yrs (1.2/yr) · Last round Post IPO (Feb 2026)
Audience (LinkedIn): 767 LinkedIn followers
Funding rounds
  • Feb 2026Post IPO$1.6M
  • Oct 2025Post IPO$10.8M
  • Mar 2025Post IPO$349.1K
  • Jul 2023Post IPO$1.1M
Founders & team
Simon QuickCEO
Investors
Ocean Partners
Tech stack
CloudflareCloudflare Bot ManagementCore-JsDatatablesElementorGeneratepress
#6
Series B · Montreal, Montreal · founded 2013 · 30 employees
$17.3Mraised
▾

Manufacturer of compact high-precision industrial robots for micro-automation applications. The company designs and produces small-footprint industrial robot arms and SCARA robots intended for tasks such as component manufacturing, assembly, handling, and laboratory automation. Its robots emphasize precision, rigid construction, and repeatable motion, enabling use in sectors including optics, electronics, medical devices, biopharmaceuticals, and research. Products are delivered as plug-and-work automation components with integrated controllers, standard interfaces, and companion software for configuration, programming, and operation. The business also provides accessories, software tools, documentation, and technical support to help customers integrate robots into existing production and test environments.

Fliar Intelligence Index™ 45how this company ranks against its industry peers
News
top 33%
Funding
top 34%
Talent
top 38%
Tech
top 40%
Product
top 46%
Moat
top 48%
News: 3 BI events in 12 mo (of 5 tracked, 4 types) · +200% YoY · Top themes: Funding, Capital raise
Funding: Raised $17.3M across 2 rounds · 2 rounds over 7 yrs (0.3/yr) · Last round Series B (Feb 2026)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 15k LinkedIn followers
Funding rounds
  • Feb 2026Series B$15.4M
  • Sep 2019Grant (prize money)$1.9M
Founders & team
Philippe BeaulieuChief Executive OfficerPhilippe JacomeCo-Owner & COO
Investors
Invest Quebec, Export Development Canada, BDC, Centech
Tech stack
WordpressMysqlPhpGoogle MapsTwenty Twenty-TwoAddtoany Share Buttons
#7
Series C · St. John's, Newfoundland And Labrador · founded 2017 · 86 employees
$40.6Mraised
▾

Provider of AI-powered collaboration platform for engineering and product development teams. It caters to various industries such as automotive, aerospace & defense, industrial machinery and heavy equipment, and medical. The platform helps teams share CAD files, conduct reviews, capture and organize feedback, and apply AI agents that surface design insights and detect issues earlier in development cycles. It enables users to upload documents, share updates and manage tasks. It enables users to manage feedback, project progress and track performance of the teams.

Fliar Intelligence Index™ 72how this company ranks against its industry peers
Funding
top 21%
AI
top 30%
Partners
top 32%
News
top 34%
Growth
top 35%
Tech
top 37%
Funding: Raised $40.6M across 7 rounds · 7 rounds over 8 yrs (0.9/yr) · Last round Series C (Oct 2025)
AI: Classified as an AI company · Product described with: ai-powered
Partners: 2 partnership announcements in 12 mo (3 in 24 mo) · Marquee-customer mentions: top 30% of tracked companies
Audience (LinkedIn): 32k LinkedIn followers — 3.4% of this cohort's audience · 65 engagements/post (3.4× cohort median)
Funding rounds
  • Oct 2025Series C$72M
  • Mar 2025Series B$3.9M
  • Apr 2024Series B$21M
  • Oct 2021Series A$17M
Founders & team
Adam KeatingCo-Founder & CEOJeremy AndrewsCo-Founder & CTO
Investors
Killick Capital, Pelorus Venture, Panache Ventures, Spider Capital, Liquid 2 Ventures, FCVC
Tech stack
Amazon SesAmazon Web ServicesApple Icloud MailChili PiperCloudflareCloudflare Bot Management
#8
Series B · Fredericton, New Brunswick · founded 2009 · 55 employees
$19.3Mraised
▾

Provider of line monitoring system. The company is currently using its technology to develop solutions for the packaging industry. Its sensor system is placed on the packaging line to understand the forces that containers experience. Sensor systems are placed on the packaging line where it relays data about the force that it is feeling along with the location gathered by locator tags. Thus giving insights into packaging line condition.

Fliar Intelligence Index™ 53how this company ranks against its industry peers
Patents
top 20%
Innovation
top 24%
Moat
top 25%
Funding
top 26%
Product
top 30%
Tech
top 40%
Patents: 71 patents matched (strict assignee match) · Lead CPC: A63B60/46 (+1 more areas)
Innovation: 71 patents (top 12% of patent-holders) · 8 product lines
Moat: Editorial + unicorn rating 7/10 · IP moat: 71 patents
Audience (LinkedIn): 393 LinkedIn followers
Founders & team
Evan JustasonCEO
Investors
Schott AG, New Brunswick Innovation Foundation, BDC, East Valley Ventures, National Research Council Canada, Rho Canada Partners
Tech stack
Amazon SesAmazon Web ServicesApple Icloud MailBluehostCart FunctionalityCdnjs
#9
Public · Vancouver, British Columbia · founded 2021
$2.8Mraised
▾

Manufacturer of antimony and tin metal products

Fliar Intelligence Index™ 57how this company ranks against its industry peers
Funding
top 36%
Growth
top 42%
Talent
bottom 49%
News
bottom 38%
Global
bottom 25%
Funding: Raised $2.8M across 6 rounds · 6 rounds over 3 yrs (2.0/yr) · Last round Post IPO (Dec 2025)
Growth: 10 acquisition/expansion moves in 24 mo · Fresh capital in last 24 mo
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding rounds
  • Dec 2025Post IPO$218K
  • May 2025Post IPO$192.8K
  • Mar 2025Post IPO$236.4K
  • Jan 2025Post IPO$340.1K
Founders & team
Lara SmithCEO
#10
Series C · Hamilton, Ontario · founded 2010 · 69 employees
$44.6Mraised
▾

Provider of water management services

Fliar Intelligence Index™ 72how this company ranks against its industry peers
Innovation
top 22%
Patents
top 22%
Funding
top 23%
Moat
top 45%
Talent
bottom 48%
Market
bottom 47%
Innovation: 68 patents (top 14% of patent-holders) · 29 filings since 2022 vs 23 in 2017-21
Patents: 68 patents matched (strict assignee match) · 29 filings since 2022 vs 23 in 2017-21 · Latest publication 2026
Funding: Raised $44.6M across 3 rounds · 3 rounds over 3 yrs (1.0/yr) · Last round Series C (Mar 2025)
Audience (LinkedIn): 6k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Senior Proposal Engineer
Funding rounds
  • Mar 2025Series C$3.9M
  • Jan 2025Series C$120.8K
  • Oct 2023Series C$44.6M
Founders & team
Steve WatzeckCEO and Board MemberStephen WatzekCEO
Investors
Cycle Capital, Export Development Canada, Sustainable Development Technology Canada
#11
Series C · Quebec City, Quebec · founded 2010 · 91 employees
$45.5Mraised
▾

Manufacturer of laser marking, cleaning, and welding machines. These machines are designed for automated and semi-automated production lines across various industries. The company offers turnkey machines and OEM systems, focusing on advanced laser technology for surface treatment applications such as marking for traceability, cleaning to remove contaminants, texturing for improved adhesion, and welding for battery production. Solutions are provided for diverse applications, including automotive, aerospace, and energy sectors. The focus is on high-speed, high-quality processing to improve efficiency and productivity.

Fliar Intelligence Index™ 62how this company ranks against its industry peers
Funding
top 29%
Patents
top 31%
Innovation
top 32%
Growth
top 35%
Moat
top 36%
Talent
top 38%
Funding: Raised $45.5M across 2 rounds · 2 rounds over 9 yrs (0.2/yr) · Last round Conventional Debt (Oct 2024)
Patents: 37 patents matched (strict assignee match) · 16 filings since 2022 vs 16 in 2017-21 · Latest publication 2025
Innovation: 37 patents (top 24% of patent-holders) · 16 filings since 2022 vs 16 in 2017-21 · Deep-tech classification: Tech Hardware
Audience (LinkedIn): 14k LinkedIn followers · 57 engagements/post (3.0× cohort median)
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
  • Oct 2024Series C$45.5M
  • Oct 2024Conventional Debt—
  • Nov 2018Series B$10.8M
  • May 2017Series A—
Founders & team
Alex FraserCo-Founder & CTOXavier GodmaireCo-Founder & CEO
Investors
National Research Council Canada, Desjardins, BDC, Invest Quebec, Fonds Innovexport, Capital croissance PME
Tech stack
BluehostCloudflareCloudflare Bot ManagementCookieyesCore-JsCrazy Egg
#12
Series C · Edmonton, Alberta · founded 2015 · 73 employees
$10Mraised
▾

Provider of AI-based predictive maintenance solutions for industrial equipment. It offers wireless IoT sensors and software platforms that monitor machine health parameters including vibration, temperature, acoustics, RPM, humidity, and magnetic flux. The solutions provide prescriptive insights to predict failures, optimize energy use, and extend asset life. MachineDoctor sensors enable real-time data collection and analysis via cloud-based AI for condition monitoring across rotating machinery.

Fliar Intelligence Index™ 62how this company ranks against its industry peers
Innovation
top 23%
Talent
top 28%
Product
top 29%
AI
top 30%
Funding
top 39%
Moat
top 39%
Innovation: 12 product lines · Deep-tech classification: Artificial Intelligence, Tech Hardware
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Product: 12 distinct product lines · 2 published apps (814 installs) · Company stage: Series C
Audience (LinkedIn): 31k LinkedIn followers — 3.3% of this cohort's audience
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
  • Mar 2025Series C$38M
  • Mar 2025Conventional Debt—
  • Oct 2023Conventional Debt$3.5M
  • Jan 2023Series B$10M
Founders & team
Sunil VedulaCo-FounderPrashant VermaCo-FounderManpreet SinghChief Executive Officer
Investors
Canadian Imperial Bank of Commerce, Sensata, Export Development Canada, Honeywell, Nsk, EC M&A
Tech stack
Apache Http ServerBootstrapCalendlyCloudflareCloudflare Bot ManagementContact Form 7

Funding & investor landscape

$3.3Btotal disclosed funding
104companies funded
238disclosed rounds
2rounds last 90 days
Most active investors
BDC23 rounds
Export Development Canada10 rounds
Invest Quebec9 rounds
Ontario Centre of Innovation8 rounds
Centech7 rounds
Fonds de solidarite FTQ7 rounds
Europa6 rounds
MaRS Discovery District6 rounds
Cycle Momentum5 rounds
MaRS IAF5 rounds

Notable founders

Max Windisch
Co-Founder & CTO · Vention
Etienne Lacroix
Co-Founder & CEO · Vention
Rae Jeong
Co-Founder & CEO · Maneva
John Armstrong
CEO · Versamet Royalties
James Paterson
Current Chairman of the Board and Past-CEO(from inception 2012 to May 31/2021) · Decisive Dividend
Simon Quick
CEO · Canadian Copper
Philippe Beaulieu
Chief Executive Officer · Mecademic
Philippe Jacome
Co-Owner & COO · Mecademic
Adam Keating
Co-Founder & CEO · CoLab Software
Jeremy Andrews
Co-Founder & CTO · CoLab Software
Evan Justason
CEO · Smart Skin
Lara Smith
CEO · Molten Metals
Prism market signals · Canada · country-scoped Prism corpus, 319,405 docs

Market landscape — 10 sub-themes by coverage

Share of Industrial Goods and Manufacturing coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Canada

How research on Additive Manufacturing / 3D Printing is moving in Canada

A read on the academic research around Additive Manufacturing / 3D Printing — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 956 Canada-affiliated papers.

research sentiment over time
201620212026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 61% → 69% across 2016–2026.
top research entities
  • University of Toronto67
  • University of Alberta66
  • McGill University61
  • University of Waterloo61
  • Western University53
leading researchers
Daniel Therriault · Joshua M. Pearce · Aleksander Czekanski · M.A. Elbestawi · Mohammad Abu Hasan Khondoker · Matthew Brown · David Hartling · Hamel N. Tailor
▲ Breakthroughs252 · 26%
▲ 15%→28% share
▲1.9× share momentum6 median citations69% since 2021mostly methods-led
Self-healing hydrogels emerged brand-new with 15 papers, signalling a rapidly rising frontier in Canadian additive manufacturing research.
rising sub-themes (early→recent)
  • Composite material1→29
  • Fabrication4→31
  • Nanotechnology3→23
  • 3d printed2→22
  • Microfluidics1→13
Newly emergingSelf-healing hydrogels 0→15 · Extrusion 0→14 · Porosity 0→10
Landmark Grayscale digital light processing 3D printing for highly functionally graded materials · 525 cites
◆ Advancements491 · 51%
50%→50% share
▲1.0× share momentum5 median citations64% since 2021mostly methods-led
Composite material research surged 5→57 papers, intensifying as the dominant advancement focus in Canadian 3D printing.
rising sub-themes (early→recent)
  • Composite material5→57
  • Fabrication9→49
  • Mechanical engineering2→38
  • 3d printed14→48
  • Fused deposition modeling4→31
Newly emergingFusion 0→11 · Finite element method 0→9 · Robot 0→8
Landmark Multi‐Material 3D and 4D Printing: A Survey · 612 cites
▼ Concerns91 · 10%
▼ 16%→10% share
▼0.6× share momentum12 median citations66% since 2021mostly reviews
Concerns around Fused deposition modeling newly emerged at 6 papers, flagging rising scrutiny of this established fabrication process.
rising sub-themes (early→recent)
  • 3d printed2→14
  • Nanotechnology2→9
  • Manufacturing engineering1→6
  • Fabrication1→5
  • Selective laser melting1→5
Newly emergingMechanical engineering 0→8 · Fused deposition modeling 0→6 · Process engineering 0→5
Landmark A review on voids of 3D printed parts by fused filament fabrication · 387 cites
RESEARCH HOTSPOTS · Canada

Where additive manufacturing 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.

Montreal124 · +0.48
Hot · 3D printingAdvancing · CeramicOpportunity · PhotopolymerConcern · Manufacturing engineering
Toronto104 · +0.50
Hot · CastingAdvancing · MicrochannelOpportunity · Composite numberConcern · Fused deposition modeling
Waterloo/Hamilton92 · +0.55
Hot · Selective laser meltingAdvancing · AlloyOpportunity · Self-healing hydrogelsConcern · 3d printed
Edmonton/Calgary91 · +0.48
Hot · Fused deposition modelingAdvancing · Layer (electronics)Opportunity · Self-healing hydrogelsConcern · 3D printing
Vancouver84 · +0.55
Hot · PiecewiseAdvancing · TrayOpportunity · RobotConcern · Nanotechnology
Ottawa/Kingston43 · +0.26
Hot · Medical physicsAdvancing · 3D printingOpportunity · Fabrication
PATENT SIGNAL · Canada

Who's filing additive manufacturing patents in Canada

Canada additive manufacturing patent filing is accelerating — 1,811 filings from 710 assignees (2016–2025), led by Pratt & Whitney Canada, NAT RES Council Canada, Aspect Biosystems; annual filings 90→219.

1,811 filings710 assigneespeak 250/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • Pratt & Whitney Canada145
  • NAT RES Council Canada145
  • Aspect Biosystems129
  • Magna INT68
  • Xerox59
  • Tekna Plasma Systems59
  • Mosaic MFG41
  • Husky Injection Molding32

Common questions

How many Industrial Goods and Manufacturing companies are there in Canada?
Radar tracks 1255 indexable Industrial Goods and Manufacturing companies headquartered in Canada that meet our profile-completeness bar.
What is the total funding raised by Industrial Goods and Manufacturing companies in Canada?
The Industrial Goods and Manufacturing companies in Canada on this list have raised a combined $3.3B in disclosed equity funding across 104 funded companies.
Which is the highest-funded Industrial Goods and Manufacturing company in Canada?
Celestica is the highest-funded Industrial Goods and Manufacturing company in Canada, with $1.3B in disclosed equity funding.
How many Industrial Goods and Manufacturing companies in Canada are funded?
104 of the 1255 Industrial Goods and Manufacturing companies in Canada on this list have disclosed at least one equity funding round.
How many Industrial Goods and Manufacturing unicorns are there in Canada?
None of the Industrial Goods and Manufacturing companies in Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Canada Industrial Goods and Manufacturing companies?
The most active investors in Canada Industrial Goods and Manufacturing companies on this list include BDC, Export Development Canada, Invest Quebec, Ontario Centre of Innovation, Centech.
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.

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