Radar · Manufacturing Services in Canada
Best Manufacturing Services Companies in Canada
The 721 best Manufacturing Services companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Celestica.
By Rohit KhannaTrends & Stories
721companies tracked
$2Bdisclosed funding
0unicorns
43have raised
Tracking the strongest Manufacturing Services companies in Canada by disclosed equity funding and recent momentum, our directory covers 721 firms with a combined $2.0B in disclosed capital. No unicorns yet, but the funding stack is real. Versamet Royalties leads at $104M, Fibracast sits at $45M, and Decisive Dividend has pulled in $37M, which tells you the capital is concentrating in a handful of operators while the long tail stays lean. Investors like Sustainable Development Technology Canada and Fonds de solidarite FTQ keep appearing across the active rounds, signaling a preference for sustainability-adjacent and regionally anchored plays.
The broader signal I find compelling: median app install growth across 216 motor vehicle and electrical/electronic manufacturing apps is running at roughly +19% year-over-year, which is a quiet proxy for how fast the operator base is digitizing. Globally, the Manufacturing Services market hit ~$213.2B in 2023, and the gap between digital adopters and laggards is widening fast. The MaaS model gaining traction points toward scalable, asset-light structures that suit exactly the kind of mid-market Canadian operators populating this directory. And if you want a read on where public appetite is heading, Merritronix moving toward IPO suggests the sector is earning investor attention well beyond private rounds.
Sources & further reading
- IDC
FLIAR INTELLIGENCE · MANUFACTURING SERVICES × CANADA
Our analysis of 200 Manufacturing Services companies
$4.4b in tracked funding; 61% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
200companies analysed
61%cloud-native stacks
2025funding peak (by rounds)
2002median founding year
42median Fliar Index™
588kcombined LinkedIn audience
74%of audience held by top 3
7companies hiring publicly (12 mo)
Ranked: Best Manufacturing Services companies in Canada
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Celestica 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 | $1.3B | 95 mo ago | 904 | Rob Mionis President and CEO | DrupalApple iCloud MailGoogle Workspace+25 | 50 signals ▲67% Earnings · Leadership · Announcements | 2 patents Improving PCB trace‑pad connections for higher signal integrity | 2 partnerships · 1 expansion · 1 award |
| 2 | Badger 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 | $300M | 80 mo ago | 2,254 | — | WordPressMySQLPHP+28 | 6 signals Earnings · Buyback | — | 1 job opening |
| 3 | Versamet 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 | $104M | 4 mo ago | — | John Armstrong CEO | WordPress Site EditorWordPressMySQL+23 | — | — | — |
| 4 | TransCanada 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 | $67M | 67 mo ago | 206 | — | Windows ServerYouTubeMicrosoft ASP.NET+6 | — | — | 3 job openings |
| 5 | STEP 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 | $56M | 99 mo ago | 1,178 | Regan Davis CEO | WebflowApple iCloud MailMicrosoft 365+14 | 11 signals ▼61% Earnings · Contracts · Regulatory | 21 patents Hydraulic fracturing and wellbore treatment—proppant handling, diversion materials, and milling technologies. | 1 partnership |
| 6 | Fibracast 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 | $45M | 15 mo ago | 69 | Steve Watzeck CEO and Board Member | — | — | 68 patents Immersed membrane bioreactor filtration and fine‑bubble aeration for wastewater treatment | 1 job opening |
| 7 | Decisive 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 | $37M | 2 mo ago | 92 | James Paterson Current Chairman of the Board and Past-CEO(from inception 2012 to May 31/2021) | WordPressMySQLPHP+25 | — | — | 1 expansion |
| 8 | Invotek 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 | $23M | 41 mo ago | 100 | — | WordPressMySQLPHP+23 | — | — | — |
| 9 | Theprovenancechain 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 | $14M | 20 mo ago | 16 | — | Cart FunctionalityWixSentry+20 | — | — | — |
| 10 | Canadian 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 | $14M | 3 mo ago | — | Simon Quick CEO | WordPressMySQLPHP+24 | 37 signals ▲76% Capital raise · Funding · Announcements | — | — |
| 11 | Smarter Alloys Provider of composite materials | $5M | 76 mo ago | 19 | Ibraheem Khan CEO & President | WordPressMySQLPHP+17 | — | 54 patents Design and manufacturing of shape‑memory alloy actuators, valves, and heat‑engine components | — |
| 12 | Molten 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 | $3M | 6 mo ago | — | Lara Smith CEO | — | 3 signals ▼81% Funding | — | — |
| 13 | Bioform 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 | $2M | 25 mo ago | — | Mark Martinez Co-Founder | Framer SitesReactPriority Hints+5 | — | — | — |
| 14 | Fox 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 | $2M | 31 mo ago | 8 | — | — | — | — | — |
| 15 | IWG Manufacturer of potable UV water systems, pumps, heaters & modules | $2M | 213 mo ago | 49 | — | WordPressMySQLPHP+20 | — | — | 1 award |
| 16 | TerraVest 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 | $2M | 13 mo ago | 1,356 | — | WordPressMySQLPHP+20 | 11 signals ▼31% Earnings · M&A · Leadership | — | — |
| 17 | APF 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 | $2M | 28 mo ago | — | Erick Villeneuve CEO | — | — | — | — |
| 18 | NOVO Manufacturer of engineered plastic products | $2M | 39 mo ago | — | Baljit Sierra President & CEO | — | — | — | — |
| 19 | Accelovant Manufacturer of fiber-optic measurement solutions | $1M | 43 mo ago | 8 | — | — | — | — | — |
| 20 | Trusted Dispatch Tech-enabled platform offering freight dispatch services 14Growth top 45%Tech top 49%Global bottom 36%Funding bottom 29% All 5 signals ▾Growthtop 45% Techtop 49% Globalbottom 36% Fundingbottom 29% Marketbottom 19% Tech: 30 technologies across 3/8 capability areas · Devops: Nginx rank vs industry peers · Fliar Intelligence Index 14/100 | $1M | 45 mo ago | 5 | — | WordPressMySQLPHP+17 | — | — | — |
| 21 | Albacut Manufacturer of steel cutting and heating equipment | $648K | 103 mo ago | — | — | WordPressMySQLPHP+27 | — | — | — |
| 22 | Forge 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 | $635K | 12 mo ago | — | Walter Raftus Co-Founder & CTO | — | — | — | — |
| 23 | ARO Technologies Provider of automation services and innovation for industry and process control for municipalities | $575K | 31 mo ago | — | Rick Redpath Owner | — | — | — | — |
| 24 | Synergy Mouldworks Custom based manufacturer of injection moulds | $500K | 58 mo ago | — | Cory Robertson Owner | — | — | 2 patents Injection molding ejector pins for precise part release | — |
| 25 | DIACARB Company specializing in CNC turning and milling, grinding, and engineering | $450K | 27 mo ago | — | Steve Bissonnette Owner | WordPressMySQLPHP+20 | — | — | — |
| 26 | PotatoPro Manufacturer of cleaning machine, freeze dryer & potato sorter for food industry | $388K | 204 mo ago | — | Paul Eijck Founder | DrupalPHPLeaflet+20 | — | — | 1 award |
| 27 | Psanalytical P S Analytical Home Page | $340K | 64 mo ago | — | — | Site Search 360DreamWeaverPrototype+7 | — | — | — |
| 28 | KPM Provider of R&D services to chemical, mining, and metallurgical industries | $250K | 64 mo ago | — | — | Node.jsReactNext.js App Router+6 | — | — | — |
| 29 | Ozen Engineering Provider of engineering simulation software, consulting, and training | $200K | 201 mo ago | 43 | — | WordPressMySQLPHP+23 | — | — | — |
| 30 | Solinas 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 | $146K | 3 mo ago | — | Marc Bracken CEO | WordPressMySQLPHP+26 | — | — | 1 expansion |
| 31 | SubC Imaging Subsea Imaging Cameras, Lights, and Lasers - SubC Imaging | $105K | 60 mo ago | 23 | Chad Collett Founder & CEO | Cart FunctionalitySquarespace CommerceSquarespace+30 | — | — | 2 launchs · 2 partnerships |
| 32 | Niosense Offers consulting and solutions to improve cities | $100K | 54 mo ago | 4 | Patrick Lauziere CEO | — | — | 4 patents Advanced safety and telematics for heavy/field vehicle stop avoidance and guidance | — |
| 33 | Laser Depth Provider of monitoring, researching, controlling, and other solutions for laser-based welding applications | $100K | 151 mo ago | 16 | — | — | — | — | — |
Top 12 Manufacturing Services companies in Canada
#1
Public · Vancouver, British Columbia · founded 2021$104.3Mraised▾
Public · Vancouver, British Columbia · founded 2021
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
Investors
Beedie Capital Partners
Tech stack
CloudflareCore-JsFastlyFont AwesomeGlide.JsGoogle Analytics
#2
Public · Kelowna, British Columbia · founded 2012 · 92 employees$36.9Mraised▾
Public · Kelowna, British Columbia · founded 2012 · 92 employees
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
Investors
Scotiabank, Roynat Capital
Tech stack
BootstrapCloudflareCloudflare Bot ManagementCloudflare Browser InsightsCore-JsGoogle Analytics
#3
Public · Toronto, Ontario · founded 2021$14.1Mraised▾
Public · Toronto, Ontario · founded 2021
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
Investors
Ocean Partners
Tech stack
CloudflareCloudflare Bot ManagementCore-JsDatatablesElementorGeneratepress
#4
Public · Vancouver, British Columbia · founded 2021$2.8Mraised▾
Public · Vancouver, British Columbia · founded 2021
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
#5
Series C · Hamilton, Ontario · founded 2010 · 69 employees$44.6Mraised▾
Series C · Hamilton, Ontario · founded 2010 · 69 employees
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
Investors
Cycle Capital, Export Development Canada, Sustainable Development Technology Canada
#6
Seed · Airdrie, Alberta · founded 2022$145.6Kraised▾
Seed · Airdrie, Alberta · founded 2022
Developer of acoustic technology for locating buried plastic and lead pipes. It provides solutions for accurately locating plastic pipes without tracer wires and lead service lines. The technology uses acoustics for fast and effective location, eliminating the need to enter buildings. The focus is on improving utility and infrastructure identification of critical service lines.
Fliar Intelligence Index™ 24how this company ranks against its industry peers
Talent
bottom 45%Funding
bottom 44%Tech
bottom 41%Global
bottom 25%Talent: 1 named leader on record
Funding: Raised $146k across 2 rounds · 2 rounds over 2 yrs (1.0/yr) · Last round Seed (Mar 2026)
Tech: 29 technologies across 2/8 capability areas · Devops: Nginx
Audience (LinkedIn): 287 LinkedIn followers
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
- Mar 2026Seed$72.9K
- May 2024Seed$72.8K
Founders & team
Tech stack
Contact Form 7Core-JsElementorFont AwesomeGoogle AnalyticsGoogle Font Api
#7
Series A · Canada · founded 2019 · 16 employees$14.5Mraised▾
Series A · Canada · founded 2019 · 16 employees
Provider of supply chain transparency solutions using a secure, verifiable framework. This framework protects data ownership while enabling controlled disclosure of critical supply chain information among trusted partners. It offers full lifecycle traceability, digital twin capabilities, and a universal data container for aggregating structured and unstructured data. The solution supports multi-tiered supply chains across various industries, incorporating requirements, incentives, claims, and evidence to build complete product stories. It features a permissioned distributed ledger for data immutability and security, and is designed for easy integration with existing infrastructure.
Fliar Intelligence Index™ 16how this company ranks against its industry peers
Funding
top 34%Tech
top 43%Global
bottom 48%Market
bottom 15%Funding: Raised $14.5M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) · Last round Series A (Oct 2024)
Tech: 23 technologies across 5/8 capability areas · Cloud: Cloudflare, Google Cloud · Observability: Sentry
Global: Investors from 1 country beyond Canada
Audience (LinkedIn): 1k LinkedIn followers
Funding rounds
- Oct 2024Series A$10.5M
- Sep 2024Grant (prize money)—
- Apr 2024Series A$4M
Investors
NIST
#8
Public · Vegreville, Alberta · founded 2004 · 1356 employees$1.8Mraised▾
Public · Vegreville, Alberta · founded 2004 · 1356 employees
Manufacturer of fiberglass storage tanks
Fliar Intelligence Index™ 74how this company ranks against its industry peers
Product
top 14%Innovation
top 20%Market
top 30%News
top 34%Growth
top 42%Funding
top 46%Product: 7 distinct product lines · Company stage: Public
Innovation: 7 product lines
Market: 1,356 employees (top 6% of Industrial Goods and Manufacturing) · Top-5,000,000 web property
Funding rounds
- May 2025Post IPO$1.8M
Tech stack
Font AwesomeGodaddyGoogle Font ApiGoogle Tag ManagerJqueryJquery Migrate
#9
Seed · Toronto, Ontario · founded 2022$635Kraised▾
Seed · Toronto, Ontario · founded 2022
Forge Automation is a company based in Toronto that provides CNC machining services quickly and affordably. They offer the fastest turnaround time for making parts at competitive prices.
Fliar Intelligence Index™ 55how this company ranks against its industry peers
Talent
top 45%Funding
top 48%Global
bottom 48%Talent: 2 named leaders on record
Funding: Raised $635k across 2 rounds · 2 rounds over 2 yrs (1.0/yr) · Last round Seed (2025)
Global: Investors from 1 country beyond Canada
Funding rounds
- 2025Seed$500K
- Mar 2024Seed$135K
Founders & team
Investors
Y Combinator
#10
Public · Toronto, Ontario · founded 1994 · 904 employees$1.3Braised▾
Public · Toronto, Ontario · founded 1994 · 904 employees
Celestica delivers end-to-end product lifecycle solutions with expertise in design and engineering, electronics manufacturing and supply chain management services. Services include design and engineering, joint design and manufacturing services, precision machining, supply chain services, logistics & fulfillment, and after-market services. They support companies across multiple markets, including communications, enterprise, aerospace and defense, smart energy, healthcare technology, industrial and semiconductor capital equipment.
Fliar Intelligence Index™ 83how this company ranks against its industry peers
Market
top 17%Fin. health
top 20%Funding
top 25%News
top 29%Growth
top 31%Global
top 31%Market: 904 employees (top 7% of Industrial Goods and Manufacturing) · Revenue ~$12.4B · Top-500,000 web property
Fin. health: Revenue ~$12.4B (FY2026) · Net margin 5.2% · Revenue +28% YoY
Funding: Raised $1.3B across 2 rounds · 2 rounds over 22 yrs (0.1/yr) · Last round Conventional Debt (Jun 2018)
Audience (LinkedIn): 339k LinkedIn followers — 57.6% of this cohort's audience
Activity (LinkedIn): 2 partnerships · 1 awards · 1 expansions (incl. ASI Computer Technologies) announced in 12 mo
Funding rounds
- Jun 2018Conventional Debt$800M
- Jun 2004Conventional Debt$500M
Founders & team
Investors
Bank of America, Oak Investment Partners, Birch Hill Equity Partners, The Beekman Group, Scotiabank
Tech stack
Acquia Cloud PlatformAcquia Cloud Site FactoryAdobe AnalyticsAdobe Experience Platform Identity ServiceAdobe Experience Platform LaunchAmazon Web Services
#11
Public · Calgary, Alberta · founded 1992 · 2254 employees$300Mraised▾
Public · Calgary, Alberta · founded 1992 · 2254 employees
Manufacturer of hydrovac, hydro-excavation, potholing and vacuum truck
Fliar Intelligence Index™ 84how this company ranks against its industry peers
Innovation
top 20%Product
top 24%Funding
top 27%Market
top 29%Tech
top 44%News
top 46%Innovation: 12 product lines
Product: 12 distinct product lines · 1 published app (402 installs) · Company stage: Public
Funding: Raised $300M across 1 rounds · 1 rounds over 7 yrs (0.1/yr) · Last round Conventional Debt (Oct 2019)
Audience (LinkedIn): 33k LinkedIn followers — 5.7% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Hydrovac Operators
Funding rounds
- Oct 2019Conventional Debt$300M
Investors
Sagard Holdings
Tech stack
BootstrapCallrailCloudflareContact Form 7Core-JsFacebook Pixel
#12
Funding Raised · Markham, Ontario · founded 2003 · 100 employees$23Mraised▾
Funding Raised · Markham, Ontario · founded 2003 · 100 employees
Provider of electronic products manufacturing, designing & engineering services
Fliar Intelligence Index™ 53how this company ranks against its industry peers
Funding
top 37%Growth
top 45%Tech
bottom 49%Market
bottom 45%Global
bottom 45%Funding: Raised $23.0M across 13 rounds · 13 rounds over 19 yrs (0.7/yr) · Last round Conventional Debt (Jan 2023)
Tech: 26 technologies across 3/8 capability areas · Cloud: Cloudflare · Security: Cloudflare Bot Management, Http/3
Audience (LinkedIn): 1k LinkedIn followers
Activity (LinkedIn): 1 partnerships (incl. ECOTRON) announced in 12 mo
Funding rounds
- Jan 2023Conventional Debt$18.6M
- 2018Grant (prize money)$222.2K
- 2017Grant (prize money)$167.6K
- 2016Grant (prize money)$177K
Investors
FrontWell, HHS
Tech stack
BootstrapCloudflareCloudflare Bot ManagementGodaddyGoogle AnalyticsGoogle Maps
Funding & investor landscape
$2Btotal disclosed funding
36companies funded
79disclosed rounds
1rounds last 90 days
Most active investors
Notable founders
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
Lara Smith
CEO · Molten Metals
Steve Watzeck
CEO and Board Member · Fibracast
Stephen Watzek
CEO · Fibracast
Marc Bracken
CEO · Solinas Technologies
Walter Raftus
Co-Founder & CTO · Forge
Timothy Seto
Co-Founder & CEO · Forge
Rob Mionis
President and CEO · Celestica
Mark Martinez
Co-Founder · Bioform
Jordan MacKenzie
Co-Founder · Bioform
Prism market signals · Canada · country-scoped Prism corpus, 8,637,322 docs
Market landscape — 10 sub-themes by coverage
Share of Manufacturing Services 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 Canadian additive manufacturing research pivoting toward bioactive composite materials.
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, driving sustained 50% field-share in Canadian AM advancements.
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
Fused deposition modeling newly entered concerns at 6 papers, suggesting emerging reliability or quality issues flagged by Canadian researchers.
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
Toronto104 · +0.50
Waterloo/Hamilton92 · +0.55
Edmonton/Calgary91 · +0.48
Vancouver84 · +0.55
Ottawa/Kingston43 · +0.26
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 NAT RES Council Canada, Pratt & Whitney Canada, Aspect Biosystems; annual filings 90→219.
1,811 filings710 assigneespeak 250/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- NAT RES Council Canada145
- Pratt & Whitney Canada145
- Aspect Biosystems129
- Magna INT68
- Tekna Plasma Systems59
- Xerox59
- Mosaic MFG41
- Husky Injection Molding32
Common questions
How many Manufacturing Services companies are there in Canada?
Radar tracks 721 indexable Manufacturing Services companies headquartered in Canada that meet our profile-completeness bar.
What is the total funding raised by Manufacturing Services companies in Canada?
The Manufacturing Services companies in Canada on this list have raised a combined $2B in disclosed equity funding across 36 funded companies.
Which is the highest-funded Manufacturing Services company in Canada?
Celestica is the highest-funded Manufacturing Services company in Canada, with $1.3B in disclosed equity funding.
How many Manufacturing Services companies in Canada are funded?
36 of the 721 Manufacturing Services companies in Canada on this list have disclosed at least one equity funding round.
How many Manufacturing Services unicorns are there in Canada?
None of the Manufacturing Services companies in Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Canada Manufacturing Services companies?
The most active investors in Canada Manufacturing Services companies on this list include Startup TNT, Sustainable Development Technology Canada, Cycle Momentum, Europa, Fonds de solidarite FTQ.
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.