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Radar · Neurology in Canada

Best Neurology Companies in Canada

The 148 best Neurology companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: ProMIS Neurosciences.

148companies tracked
$1.5Bdisclosed funding
0unicorns
68have raised

Canada's Neurology sector has real money behind it. This directory ranks 148 tracked companies by disclosed equity funding and recent momentum, with a collective $1.5B raised across the field. ProMIS Neurosciences leads at $247M, followed closely by Cybin at $230M, and those two alone account for a third of the total pool. No unicorns yet, but the concentration at the top tells you where conviction is sitting. The global neurology market sits at roughly $112.5B in 2025, forecast to reach $180.2B by 2032 at a 6.9% CAGR, driven by an aging population and accelerating neuroimaging research. Canada's positioned to capture a real slice of that.

What I find interesting is where the heat is moving. Coverage may be flat, but the thematic action is loud: cognitive aging, post-concussion syndrome, and chronic traumatic encephalopathy are all pulling serious research attention right now. Stress-induced neuroinflammation is another thread gaining traction in clinical circles, and epilepsy care advocacy keeps spotlighting gaps that Canadian companies are actively building toward. Investors like Ontario Brain Institute and BDC are anchoring early-stage bets. So if you're scanning for where neuroscience capital in Canada is actually moving, this is your current map.

FLIAR INTELLIGENCE · NEUROLOGY × CANADA

Our analysis of 50 Neurology companies

$7.4b in tracked funding; 74% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

50companies analysed
74%cloud-native stacks
2025funding peak (by rounds)
2unicorns
2016median founding year
142kcombined LinkedIn audience
63%of audience held by top 3
2companies hiring publicly (12 mo)

Ranked: Best Neurology companies in Canada

#CompanyDisclosed fundingLast roundEmployeesFounderMarket signals (1y)Patents & IP focusRecent signals
1ProMIS Neurosciences
Antibody therapeutics and diagnostics for neurodegenerative diseases
37Funding top 10%Patents top 38%Moat top 38%Talent top 38%
All 9 signals ▾
Fundingtop 10%
Patentstop 38%
Moattop 38%
Talenttop 38%
Newstop 42%
Innovationtop 47%
Globalbottom 48%
Techbottom 34%
Marketbottom 24%
Funding: Raised $247M across 37 rounds · 37 rounds over 20 yrs (1.9/yr)
Patents: 78 patents matched (strict assignee match) · 29 filings since 2022 vs 39 in 2017-21
rank vs industry peers · Fliar Intelligence Index 37/100
$247M4 mo ago7Neil Cashman
Co-Founder
—78 patents
Therapeutic antibodies targeting misfolded neurodegenerative proteins (TDP-43, α‑synuclein, Aβ, SOD1).
—
2Cybin
Provider of psychedelic therapeutics for psychiatric disorders
55Funding top 15%Tech top 42%Talent top 45%Moat top 48%
All 6 signals ▾
Fundingtop 15%
Techtop 42%
Talenttop 45%
Moattop 48%
Marketbottom 47%
Globalbottom 37%
Funding: Raised $230M across 6 rounds · 6 rounds over 6 yrs (1.0/yr)
Tech: 34 technologies across 4/8 capability areas · Cloud: Cloudflare
rank vs industry peers · Fliar Intelligence Index 55/100
$230M11 mo ago50Aaron Bartlone
COO
———
3Neuromed Pharmaceuticals
Provider of calcium channel blockers for pain treatment
$126M226 mo ago—Peter Beltran
CEO
—103 patents
Novel small‑molecule calcium channel blocker compounds for cardiovascular therapeutics
—
4Transition Therapeutics
Small molecule therapeutics for CNS and metabolic diseases.
$113M143 mo ago18——16 patents
Peptide-based VIP therapeutics and vitamin‑B12/IMPDH inhibitor combos for metabolic, cardiac and antiviral diseases
—
5Reunion Neuroscience
Developer of therapeutics for mental health conditions
$103M29 mo ago18——12 patents
Design of tryptamine prodrugs and benzyltryptamine derivatives for CNS drug delivery
—
6Xenon Pharmaceuticals
Developer of small molecule drugs against rare channelopathies
$86M237 mo ago19Simon Pimstone
CEO
4 signals ▼43%
Earnings · Funding
1,484 patents
Design and synthesis of heteroaryl amine drug candidates and prodrugs for CNS therapies
3 awards
7Synaptive Medical
Planning and imaging solutions for neurosurgery
74Patents top 20%Funding top 23%Product top 25%Moat top 26%
All 11 signals ▾
Patentstop 20%
Fundingtop 23%
Producttop 25%
Moattop 26%
Innovationtop 31%
Growthtop 35%
Talenttop 38%
Techtop 41%
Markettop 43%
Globaltop 45%
Newsbottom 21%
Patents: 730 patents matched (strict assignee match) · 264 filings since 2022 vs 378 in 2017-21
Funding: Raised $76.8M across 12 rounds · 12 rounds over 12 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 74/100
$77M11 mo ago200Cameron Piron
Co-Founder
—730 patents
Patents concentrated in health & consumer products
—
8NeurAxon Pharma
Developer of NOS inhibiting small molecules for neuropathies
$53M137 mo ago15————
9MSI Methylation Sciences
Developer of small molecule therapies for major depressive disorder (MDD)
$48M116 mo ago11——14 patents
Enhanced SAMe nutritional formulations and gallic acid esters for folate deficiency therapy
—
10BIONIK
Provider of assistive and rehabilitation hardware and software solutions
$40M108 mo ago12Michal Prywata
Co-Founder
———
11Tetra Bio-Pharma
Developer of natural medicinal plant-based elements for treating multiple diseases
32Funding top 26%Talent bottom 49%Market bottom 41%Tech bottom 38%
All 6 signals ▾
Fundingtop 26%
Talentbottom 49%
Marketbottom 41%
Techbottom 38%
Globalbottom 36%
Newsbottom 24%
Funding: Raised $37.9M across 7 rounds · 7 rounds over 8 yrs (0.9/yr)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
rank vs industry peers · Fliar Intelligence Index 32/100
$38M39 mo ago33Andre Audet
Co-Founder
———
12AlphaCognition
Developer of therapeutics to treat neurological disease
$26M20 mo ago4Michael Mcfadden
CEO
8 signals ▼33%
Earnings · Leadership
——
13A Better Life Pharma
Developer of cannabinoid-based therapeutics for neurological disorders
24Growth top 35%Funding top 36%News top 39%Tech bottom 48%
All 7 signals ▾
Growthtop 35%
Fundingtop 36%
Newstop 39%
Techbottom 48%
Globalbottom 43%
Talentbottom 41%
Marketbottom 11%
Growth: Fresh capital in last 24 mo
Funding: Raised $25.7M across 14 rounds · 14 rounds over 6 yrs (2.3/yr)
rank vs industry peers · Fliar Intelligence Index 24/100
$26M13 mo ago4Ahmad Doroudian
Founder & CEO
———
14Cynapsus Therapeutics
Developer of treatment for CNS disorders
$25M134 mo ago30——47 patents
Sublingual film formulations for rapid apomorphine delivery in Parkinson's therapy
—
15Fortunafix
Regenerative implants and directly reprogrammed precursor cells for brain and spinal cord injury
$25M103 mo ago—Jan Ahlfors
Founder & CEO
———
16Optina Diagnostics
Developer of eye-scanning devices for Alzheimer's disease
$24M52 mo ago42David LaPointe
CEO
—32 patents
Advanced multispectral retinal imaging and AI-driven biomarker detection for eye diagnostics
—
17NervGen
Developer of therapeutics for the treatment of nerve damage
$22M44 mo ago11Harold Punnett
Director
———
18Evasc Medical
Endovascular repair of cerebral aneurysms
$20M—23———1 launch
19Grey Matter Neurosciences
Developer of medical devices for neurological disease treatment
$14M16 mo ago—Jeffrey Coull
Founder & CEO
———
20Neurodyn
Discovering and developing bioactive compounds into treatments for neurological diseases
$14M80 mo ago—Denis Kay
Founder & CSO
—21 patents
Therapeutic agents and formulations for neurodegenerative disease using progranulin and sterol glycoside toxins.
—
21Bionxt
Developer of drug formulations and delivery systems for various diseases
37News top 36%Funding top 38%Partners top 40%Patents top 46%
All 11 signals ▾
Newstop 36%
Fundingtop 38%
Partnerstop 40%
Patentstop 46%
Growthtop 47%
Talenttop 49%
Moatbottom 49%
Innovationbottom 46%
Techbottom 43%
Marketbottom 39%
Globalbottom 38%
News: 9 BI events in 12 mo (of 28 tracked, 7 types) · -36% YoY
Funding: Raised $12.6M across 11 rounds · 11 rounds over 4 yrs (2.8/yr)
rank vs industry peers · Fliar Intelligence Index 37/100
$13M15 mo ago25Hugh Rogers
CEO
9 signals ▼36%
Funding · Leadership · Contracts
7 patents
Novel psilocin prodrugs and enteric drug delivery formulations for pharmaceutical applications.
1 partnership
22NoNO
Developing pharmaceuticals for the treatment of common health disorders, including stroke, traumatic brain…
$10M156 mo ago43Michael Tymianski
President and CEO
—370 patents
Neuroprotective peptide therapeutics targeting ischemic injury and reperfusion damage
—
23Regen-Bio
Manufacturer of multi-target peptide for curing CNS diseases
$9M51 mo ago11Ringo Ye
Co-Founder
———
24Psyence
Developer of psychedelic therapeutics for mental health disorders
45News top 26%Growth top 36%Funding top 40%Global top 41%
All 7 signals ▾
Newstop 26%
Growthtop 36%
Fundingtop 40%
Globaltop 41%
Talenttop 49%
Marketbottom 43%
Techbottom 36%
News: 10 BI events in 12 mo (of 25 tracked, 10 types) · +25% YoY
Growth: Web rank 10,000,000 → 50,000,000 YoY · 3 acquisition/expansion moves in 24 mo
rank vs industry peers · Fliar Intelligence Index 45/100
$9M12 mo ago—Alan Friedman
Co-Founder
10 signals ▲25%
Board · M&A · Leadership
——
25Chlorion Pharma
Canadian, early stage biotech developing small molecule therapeutics for neuropathic pain and epilepsy
$8M204 mo ago11——21 patents
Sulfur‑substituted heterocyclic pyrimidine/piperidine compounds for analgesic and anti‑inflammatory drugs
—
26Paradox Immunotherapeutics
Developer of immunotherapeutics for the treatment of rare diseases
$7M15 mo ago9Yulong Sun
Co-Founder
—5 patents
Therapeutic monoclonal antibodies targeting conformational epitopes of lambda immunoglobulin light chains
—
27Winterlight Labs
AI-powered speech analysis technology to detect cognitive impairments
$6M79 mo ago48Maria Yancheva
Co-Founder And Chief Technology Officer
—7 patents
AI-driven speech analysis for detecting cognitive and neurological disorders
—
28DAMONA Pharmaceuticals
Developer of therapeutics for the treatment of cognitive dysfunctions
$6M44 mo ago6Etienne Sibille
Founder
———
29CanniMed
Canadian Medical Marijuana company producing standardized supply under Canadian government's ACMP regulations
$5M112 mo ago4‎Brent Zettl
Founder
———
30Cyber Kinetics Technology
Brain-computer interface for severely paralyzed patients
$4M275 mo ago36————
31Tryp Therapeutics
Developer of therapeutic solutions for treating neuropsychiatric disorders & pain
$4M31 mo ago11——23 patents
Psychedelic drug formulations and therapeutic protocols for mental/neurological disorders
—
32HDAX
Developer of small molecule drugs to treat cancer and CNS disorders
$3M21 mo ago8Pimyupa Manaswiyoungkul
Co-Founder & COO
———
33MyndTec
Developer of functional electrical stimulation therapy for upper limb paralysis
11Funding top 34%Moat top 38%Talent bottom 45%Global bottom 40%
All 7 signals ▾
Fundingtop 34%
Moattop 38%
Talentbottom 45%
Globalbottom 40%
Patentsbottom 38%
Marketbottom 24%
Innovationbottom 19%
Funding: Raised $3.2M across 13 rounds · 13 rounds over 15 yrs (0.9/yr)
Moat: Editorial + unicorn rating 4/10 · IP moat: 17 patents
rank vs industry peers · Fliar Intelligence Index 11/100
$3M4 mo ago11Milos Popovic
Co-founder and Director
—17 patents
Implantable neurostimulation devices with wireless telemetry for functional electrical therapy
—
34Clairvoyant Therapeutics
Manufacturer of psychedelic therapy drug for addiction
$2M54 mo ago11————
35Rapid Dose Therapeutics
Developer of drug delivery technologies to treat the elderly, pediatrics, and neurological disorders
$2M25 mo ago14Mark Upsdell
CEO
4 signals ▲300%
Funding · Announcements
12 patents
Patents concentrated in chemistry & materials
—
36Mynd
Manufacturer of drugs for neurological disorders
$2M54 mo ago—Wilfred Jefferies
Co-Founder & Chief Science Officer
———
37Aequus Pharma
Developer of pharmaceutical products for the treatment of neurology and psychiatric diseases
$2M70 mo ago18————
38ImStar Therapeutics
Small molecule therapeutics for Amyotrophic Lateral Sclerosis (ALS) and neurodegenerative diseases
$2M120 mo ago4Daniel Wattier
Founder & CEO
—17 patents
Therapeutic withanolide compounds targeting neurodegenerative disease treatment
—
39Trexo Robotics
A battery operated exoskeleton device
$2M87 mo ago29——10 patents
Powered lower‑limb orthotic exoskeletons for weight‑bearing mobility assistance
1 partnership
40ClaroNav
Developer of medical 3D visualization and surgical navigation solutions
$2M76 mo ago40Doron Dekel
Co-Founder & Co-CEO
—35 patents
Dental navigation and robotic-assisted oral surgery systems
—
41Health Tech Connex
Brain wave monitoring devices
$2M69 mo ago48————
42KalGene Pharmaceuticals
Developing therapeutics and companion diagnostics for Cancer and Alzheimer's.
$2M53 mo ago2————
43Steadiwear
Designer & manufacturer of healthcare gloves
29Growth top 35%Moat top 38%Tech top 42%Funding bottom 49%
All 10 signals ▾
Growthtop 35%
Moattop 38%
Techtop 42%
Fundingbottom 49%
Talentbottom 49%
Productbottom 47%
Innovationbottom 40%
Globalbottom 39%
Patentsbottom 37%
Marketbottom 17%
Growth: Fresh capital in last 24 mo
Moat: Editorial + unicorn rating 4/10 · IP moat: 8 patents
rank vs industry peers · Fliar Intelligence Index 29/100
$1M8 mo ago6Mark Elias
Co-Founder & CEO
—8 patents
Wearable tremor‑damping devices for involuntary hand motion control in medical applications
—
44Lobe Sciences
Developer of small-molecule-based therapeutic solutions for the treatment of neurological disorders
50Growth top 15%News top 25%Moat top 32%Patents top 35%
All 10 signals ▾
Growthtop 15%
Newstop 25%
Moattop 32%
Patentstop 35%
Innovationtop 41%
Talenttop 44%
Fundingtop 47%
Techbottom 46%
Globalbottom 33%
Marketbottom 25%
Growth: Fresh capital in last 24 mo
News: 8 BI events in 12 mo (of 14 tracked, 3 types) · +700% YoY
rank vs industry peers · Fliar Intelligence Index 50/100
$942K2 mo ago—Tom Baird
CEO
8 signals ▲700%
Earnings · Leadership · Funding
25 patents
Stable psilocin salt formulations for psychedelic drug development and therapeutic use.
—
45IRegained
Developer of therapeutic solutions for treating stroke or traumatic brain injury
$779K50 mo ago16Vineet Johnson
Founder
—6 patents
Indirect movement feedback systems for sensorimotor rehabilitation and therapeutic exercise devices.
1 partnership
46Quantum Biopharma
Developer of therapies for neurodegenerative and neuropsychiatric diseases
$500K7 mo ago—Anthony Durkacz
Co-Founder
5 signals ▼75%
Contracts · Funding · Earnings
—1 launch
47Neural Therapeutics
Developer of ethnobotanical drug for neurological disorder
$495K15 mo ago2Ian Campbell
Chief Executive Officer
3 signals ▲50%
Regulatory · M&A · Announcements
——
48Sairiyo Therapeutics
Developer of therapeutic solutions for the treatment of rare diseases
$300K35 mo ago—Paul Slyke
Co-Founder & CSO
———
49NeuroQore
Develops a monophasic repetitive transcranial magnetic stimulation (rTMS) system
$250K11 mo ago2————

Top 12 Neurology companies in Canada

#1
Public · Toronto, Ontario · founded 2004 · 7 employees
$247.3Mraised
▾

ProMIS Neurosciences discovers and develops precision therapeutics and companion diagnostics for early detection and effective treatment of neurodegenerative diseases, in particular, Alzheimer’s disease (AD) and amyotrophic lateral sclerosis (ALS). The company utilizes its computational discovery platform, ProMIS, to predict novel targets known as Disease Specific Epitopes (DSEs) on the molecular surface of misfolded proteins. It owns the exclusive rights to the Genus patent relating to misfolded SOD1 in ALS, and currently has a preclinical monoclonal antibody therapeutic directed against this target.

Fliar Intelligence Index™ 37how this company ranks against its industry peers
Funding
top 10%
Patents
top 38%
Moat
top 38%
Talent
top 38%
News
top 42%
Innovation
top 47%
Funding: Raised $247M across 37 rounds · 37 rounds over 20 yrs (1.9/yr) · Last round Post IPO (Jan 2026)
Patents: 78 patents matched (strict assignee match) · 29 filings since 2022 vs 39 in 2017-21 · Latest publication 2026
Moat: Editorial + unicorn rating 5/10 · IP moat: 78 patents · 10 curated direct competitors tracked
Audience (LinkedIn): 3k LinkedIn followers
Funding rounds
  • Jan 2026Post IPO$175M
  • Jul 2025Post IPO$9.2M
  • Sep 2023Post IPO$14.9M
  • Oct 2022Post IPO$7.5M
Founders & team
Neil CashmanCo-FounderElliot Goldstein MdPresident & CEO
Investors
The Kraft Group, Nosterra, Ally Bridge Group, Janus Henderson Investors, Deep Track Capital, Great Point Partners
Tech stack
Apache Http ServerBootstrapFancyboxGodaddyGoogle AnalyticsHcaptcha
#2
Public · Toronto, Ontario · founded 2002 · 50 employees
$229.7Mraised
▾

Provider of psychedelic therapeutics for psychiatric disorders. The product pipeline includes CYB003 a deuterated psilocin for the adjunctive treatment of major depressive disorderCYB004 deuterated dimethyltryptamine compound targeting generalized anxiety disorder and CYB005 aphenethylamine derivative treating neuroinflammation.

Fliar Intelligence Index™ 55how this company ranks against its industry peers
Funding
top 15%
Tech
top 42%
Talent
top 45%
Moat
top 48%
Market
bottom 47%
Global
bottom 37%
Funding: Raised $230M across 6 rounds · 6 rounds over 6 yrs (1.0/yr) · Last round Post IPO (Jun 2025)
Tech: 34 technologies across 4/8 capability areas · Cloud: Cloudflare · Devops: Nginx
Talent: 2 named leaders on record · 1 C-suite/founder profile curated
Audience (LinkedIn): 31k LinkedIn followers — 21.9% of this cohort's audience
Funding rounds
  • Jun 2025Post IPO$50M
  • Mar 2024Post IPO$150M
  • Mar 2022Post IPO$317.1K
  • Feb 2021Post IPO—
Founders & team
Aaron BartloneCOOSarah HamiltonDirector Financial Operations & Strategic Operations
Investors
Deep Track Capital, Hightrailcapital, Noetic Psychedelic Fund, JLS Fund, Innovating Capital, The Conscious Fund
#3
Series C · Mississauga, Ontario · founded 2012 · 200 employees
$76.8Mraised
▾

Synaptive Medical develops planning tools and imaging solutions for application in minimally invasive neurosurgery. Its solutions include BrightMatter Prime which enables thorough and systematic pre-operative preparation with training tools, high fidelity images as well as a smooth and seamless workflow into the surgical suite; and BrightMatter™ Servo which unites high-resolution imaging capabilities with hands-free alignment while seamlessly delivering 3D tractography visualization for navigation into the surgical suite. The company acquired FDA clearance for its product BrightMatter Guide which is a 3D neuro-navigation system.

Fliar Intelligence Index™ 74how this company ranks against its industry peers
Patents
top 20%
Funding
top 23%
Product
top 25%
Moat
top 26%
Innovation
top 31%
Growth
top 35%
Patents: 730 patents matched (strict assignee match) · 264 filings since 2022 vs 378 in 2017-21 · Latest publication 2026
Funding: Raised $76.8M across 12 rounds · 12 rounds over 12 yrs (1.0/yr) · Last round Series C (Jul 2025)
Product: 11 distinct product lines · Company stage: Series C
Audience (LinkedIn): 31k LinkedIn followers — 21.9% of this cohort's audience
Funding rounds
  • Jul 2025Series C—
  • Mar 2023Conventional Debt$40M
  • Oct 2020Series C$17M
  • Dec 2019Series C$25M
Founders & team
Cameron PironCo-FounderWes HodgesCo-Founder
Investors
Linamar, Export Development Canada, General Atlantic, Sensegain Capital, Sissel Technology Development, Espresso Capital
Tech stack
Apple Icloud MailBootstrapCdnjsCloudflareDropboxGoogle Tag Manager
#4
Public · Mississauga, Ontario · founded 2008 · 11 employees
$3.2Mraised
▾

Developer of functional electrical stimulation therapy for upper limb paralysis. The company has developed a therapy called MyndMove based on the concepts of promoting neuroplasticity to improve the voluntary movement of the hand and arm. MyndMove can be used to treat upper extremity paralysis or paresis post-stroke, spinal cord or traumatic brain injury.

Fliar Intelligence Index™ 11how this company ranks against its industry peers
Funding
top 34%
Moat
top 38%
Talent
bottom 45%
Global
bottom 40%
Patents
bottom 38%
Market
bottom 24%
Funding: Raised $3.2M across 13 rounds · 13 rounds over 15 yrs (0.9/yr) · Last round Post IPO (Feb 2026)
Moat: Editorial + unicorn rating 4/10 · IP moat: 17 patents
Talent: 1 named leader on record
Funding rounds
  • Feb 2026Post IPO$95K
  • Jan 2026Post IPO$90K
  • Dec 2025Post IPO$80K
  • Oct 2025Post IPO$37.5K
Founders & team
Milos PopovicCo-founder and Director
Investors
TiE Toronto, HTX, FedDev Ontario, Ontario Centre of Innovation, Springboard Enterprises
#5
Public · Montreal, Montreal · founded 2019 · 4 employees
$25.7Mraised
▾

Developer of cannabinoid-based therapeutics for neurological disorders. It has developed the commercialization of premium cannabinoid-based nutraceuticals and pharmaceutical products. Its product pipeline includes TD-0148A a non-hallucinogenic second-generation Lysergic Acid Diethylamide (“LSD”) derivative designed for the treatment of depression, post-traumatic stress disorder (“PTSD”), TD-010 for anxiety, and other neuropsychiatric disorders. and AP-003 is developed to check the therapeutic efficacy of IFNa2b in COVID-19 disease. It produces cannabinoid powder for use in capsules, stick packs, bulk powder, beverages, baked goods, and many more.

Fliar Intelligence Index™ 24how this company ranks against its industry peers
Growth
top 35%
Funding
top 36%
News
top 39%
Tech
bottom 48%
Global
bottom 43%
Talent
bottom 41%
Growth: Fresh capital in last 24 mo
Funding: Raised $25.7M across 14 rounds · 14 rounds over 6 yrs (2.3/yr) · Last round Post IPO (Apr 2025)
News: 2 BI events in 12 mo (of 37 tracked, 8 types) · +100% YoY · Top themes: Earnings, Leadership
Audience (LinkedIn): 1k LinkedIn followers
Activity (LinkedIn): 3 product launches · 1 partnerships (incl. BetterLife advisory group) announced in 12 mo
Funding rounds
  • Apr 2025Post IPO$1.1M
  • Jun 2024Post IPO$175K
  • May 2024Post IPO$530K
  • Apr 2024Post IPO$1.2M
Founders & team
Ahmad DoroudianFounder & CEO
Investors
Negev Capital
Tech stack
All In One SeoAnime.JsCore-JsDatatablesElementorGoogle Analytics
#6
Public · Vancouver, British Columbia · founded 2018
$942.3Kraised
▾

Developer of small-molecule-based therapeutic solutions for the treatment of neurological disorders. The company has developed psilocybin and N-Acetylcysteine drug for the treatment of mild traumatic brain injury & stress disorder. It has also developed devices to treat brain traumas.

Fliar Intelligence Index™ 50how this company ranks against its industry peers
Growth
top 15%
News
top 25%
Moat
top 32%
Patents
top 35%
Innovation
top 41%
Talent
top 44%
Growth: Fresh capital in last 24 mo
News: 8 BI events in 12 mo (of 14 tracked, 3 types) · +700% YoY · 1 high-value events (IPO/M&A/funding/contracts) in 12 mo
Moat: Editorial + unicorn rating 4/10 · IP moat: 25 patents
Audience (LinkedIn): 973 LinkedIn followers
Funding rounds
  • Apr 2026Post IPO$693.4K
  • Jul 2025Post IPO$248.8K
  • Dec 2020Post IPO—
Founders & team
Tom BairdCEO
#7
Public · Toronto, Ontario · founded 1997
$8.6Mraised
▾

Developer of psychedelic therapeutics for mental health disorders. The company's psilocybin drug candidates reduce the symptoms of psychological trauma, PTSD, depression, anxiety, stress, and addiction.

Fliar Intelligence Index™ 45how this company ranks against its industry peers
News
top 26%
Growth
top 36%
Funding
top 40%
Global
top 41%
Talent
top 49%
Market
bottom 43%
News: 10 BI events in 12 mo (of 25 tracked, 10 types) · +25% YoY · 2 high-value events (IPO/M&A/funding/contracts) in 12 mo
Growth: Web rank 10,000,000 → 50,000,000 YoY · 3 acquisition/expansion moves in 24 mo · Fresh capital in last 24 mo
Funding: Raised $8.6M across 6 rounds · 6 rounds over 5 yrs (1.2/yr) · Last round Post IPO (Jun 2025)
Audience (LinkedIn): 2k LinkedIn followers
Funding rounds
  • Jun 2025Post IPO$441.1K
  • Dec 2024Post IPO$2M
  • Aug 2023Post IPO$93.5K
  • Apr 2023Post IPO$2.2M
Founders & team
Alan FriedmanCo-Founder
Tech stack
Apache Http ServerBootstrapContact Form 7GodaddyGoogle AnalyticsGoogle Font Api
#8
Public · Vancouver, British Columbia · founded 2018 · 25 employees
$12.6Mraised
▾

Developer of drug formulations and delivery systems for various diseases. The company focuses on developing precision transdermal and oral dissolvable drug delivery formulations, rapid, infectious disease, and oral health screening tests, and clinical evaluation of active pharmaceutical ingredients for neurological applications. The company's product include Vektor a drug formulation for efficient and affordable delivery of approved neurological medications.

Fliar Intelligence Index™ 37how this company ranks against its industry peers
News
top 36%
Funding
top 38%
Partners
top 40%
Patents
top 46%
Growth
top 47%
Talent
top 49%
News: 9 BI events in 12 mo (of 28 tracked, 7 types) · -36% YoY · 6 high-value events (IPO/M&A/funding/contracts) in 12 mo
Funding: Raised $12.6M across 11 rounds · 11 rounds over 4 yrs (2.8/yr) · Last round Post IPO (Feb 2025)
Partners: 2 contract events in 12 mo · Named contractor/client in 2 deals
Audience (LinkedIn): 584 LinkedIn followers
Activity (LinkedIn): 1 product launches · 2 partnerships (incl. BioNxt Solutions Inc.) announced in 12 mo
Funding rounds
  • Feb 2025Post IPO$1.7M
  • Jan 2025Post IPO$138.9K
  • Jan 2025Post IPO$620.1K
  • Jan 2025Post IPO$288.8K
Founders & team
Hugh RogersCEO
Investors
Planet Ventures
Tech stack
Advanced Custom FieldsAmazon S3Amazon Web ServicesCookieyesElementorGodaddy
#9
Public · Vancouver, British Columbia · founded 2000 · 4 employees
$25.8Mraised
▾

AlphaCognition is a developer of therapeutics to treat diseases of the brain and spinal cord. The therapeutics developed are a patented new chemical entity called Alpha-1062, an acetylcholine esterase inhibitor to treat Alzheimer's disease (completed human trials). The company has also developed Alpha-602 for treating ALS.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 2.9% of this cohort's audience
Hiring: 2 hiring posts in 12 mo (public) · hiring: AlzeimersCare
Activity: 1 awards announced in 12 mo
Funding rounds
  • Sep 2024Post IPO$4.5M
  • Jan 2024Post IPO$3.7M
  • Dec 2023Post IPO$1.8M
  • Nov 2023Post IPO$4.7M
Founders & team
Michael McfaddenCEOKen CawkellCEO
Investors
Manchester Capital Management, Military Health, Mertz Holdings, Planet Ventures
Tech stack
Apache Http ServerCdnjsCloudflareCloudflare Bot ManagementFont AwesomeGodaddy
#10
Seed · Toronto, Ontario · founded 2021
$14Mraised
▾

Developer of medical devices for neurological disease treatment. It offers ultrasound headset that facilitate therapeutic brain stimulation for thw treatment of Alzheimer's and other brain diseases and disorders.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Full-Stack Developer, Software Test Specialist
Activity: 1 awards announced in 12 mo
Funding rounds
  • Jan 2025Seed$14M
Founders & team
Jeffrey CoullFounder & CEO
Investors
Wittington Ventures, TIAP, Ontario Brain Institute, Ontario Centre of Innovation
Tech stack
Core-JsElementorFont AwesomeGoogle AnalyticsHello ElementorHsts
#11
Seed · Toronto, Ontario · founded 2015 · 6 employees
$1.3Mraised
▾

Designer & manufacturer of healthcare gloves. The company claims that its products are designed to intelligently stabilize the wrist joint in Essential Tremor and Parkinson's disease. It allows patients to perform daily activities comfortably. Its gloves are washable and battery-free.

Fliar Intelligence Index™ 29how this company ranks against its industry peers
Growth
top 35%
Moat
top 38%
Tech
top 42%
Funding
bottom 49%
Talent
bottom 49%
Product
bottom 47%
Growth: Fresh capital in last 24 mo
Moat: Editorial + unicorn rating 4/10 · IP moat: 8 patents
Tech: 39 technologies across 4/8 capability areas · Cloud: Cloudflare · Observability: Microsoft Clarity, Sentry
Audience (LinkedIn): 2k LinkedIn followers
Funding rounds
  • Sep 2025Grant (prize money)—
  • Sep 2025Seed—
  • Sep 2025Conventional Debt—
  • Jul 2021Seed$884.3K
Founders & team
Mark EliasCo-Founder & CEO
Investors
Ontario Brain Institute, MassChallenge, 3W Partners, CABHI, HaloHealth, Birdhouse
Tech stack
AffirmApple PayAvada Boost SalesCloudflareCloudflare Bot ManagementCore-Js
#12
Series A · Toronto, Ontario · founded 2019 · 9 employees
$7Mraised
▾

Developer of immunotherapeutics for the treatment of rare diseases. The company has a drug design platform to develop monoclonal antibody (mAb) treatment for protein misfolding diseases. The drug pipeline inlcudes LX-96 for heart failure, KX-99 for ALECT2 amyloidosis, and NX-86 for neurodegenerative diseases.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Funding rounds
  • Feb 2025Series A$7M
Founders & team
Yulong SunCo-Founder
Investors
SymBiosis, Springboard Enterprises, Beresford Ventures

Funding & investor landscape

$1.5Btotal disclosed funding
63companies funded
256disclosed rounds
1rounds last 90 days
Most active investors
Ontario Brain Institute15 rounds
BDC7 rounds
Ontario Centre of Innovation6 rounds
National Research Council Canada5 rounds
JLABS4 rounds
TIAP4 rounds
CABHI3 rounds
GrowthWorks Capital3 rounds
Innovation Factory3 rounds
Noetic Psychedelic Fund3 rounds

Notable founders

Neil Cashman
Co-Founder · ProMIS Neurosciences
Elliot Goldstein Md
President & CEO · ProMIS Neurosciences
Aaron Bartlone
COO · Cybin
Sarah Hamilton
Director Financial Operations & Strategic Operations · Cybin
Cameron Piron
Co-Founder · Synaptive Medical
Wes Hodges
Co-Founder · Synaptive Medical
Milos Popovic
Co-founder and Director · MyndTec
Ahmad Doroudian
Founder & CEO · A Better Life Pharma
Tom Baird
CEO · Lobe Sciences
Alan Friedman
Co-Founder · Psyence
Hugh Rogers
CEO · Bionxt
Michael Mcfadden
CEO · AlphaCognition
Prism market signals · Canada · country-scoped Prism corpus, 8,178,667 docs

Market landscape — 10 sub-themes by coverage

Share of Neurology coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Canada

How research on Neuroscience & Neurotech is moving in Canada

A read on the academic research around Neuroscience & Neurotech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1,403 Canada-affiliated papers.

research sentiment over time
200820172026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 25% → 36% across 2008–2026.
top research entities
  • University of Toronto358
  • Toronto Western Hospital280
  • University Health Network200
  • Ontario Brain Institute94
  • University of Calgary88
leading researchers
Andrés M. Lozano · Clement Hamani · Alfonso Fasano · Jürgen Germann · Alexandre Boutet · Suneil K. Kalia · Laschowski, Brokoslaw · Sharif Razavian, Reza
▲ Breakthroughs183 · 13%
▲ 12%→15% share
▲1.2× share momentum4 median citations54% since 2021mostly methods-led
Deep brain stimulation breakthroughs are surging — Canadian papers more than doubled from 23 to 53.
rising sub-themes (early→recent)
  • Deep brain stimulation23→53
  • Stimulation10→28
  • Neuromodulation3→12
  • Brain stimulation5→11
  • Electroencephalography2→6
Newly emergingEssential tremor 0→7
Landmark Noninvasive Deep Brain Stimulation via Temporally Interfering Electric Fields · 963 cites
◆ Advancements698 · 50%
▲ 47%→50% share
▲1.1× share momentum7 median citations48% since 2021mostly empirical
Neuromodulation advancements are intensifying — Canadian research tripled from 13 to 46 papers.
rising sub-themes (early→recent)
  • Deep brain stimulation134→195
  • Stimulation54→94
  • Neuromodulation13→46
  • Brain stimulation12→42
  • Neurostimulation17→39
Newly emergingNeurophysiology 0→9 · Optogenetics 0→7 · Gait 0→7
Landmark A Randomized Trial of Focused Ultrasound Thalamotomy for Essential Tremor · 1,097 cites
▼ Concerns322 · 23%
▼ 26%→22% share
▼0.8× share momentum9 median citations46% since 2021mostly empirical
Transcranial magnetic stimulation safety concerns are escalating — papers jumped sixfold from 2 to 13.
rising sub-themes (early→recent)
  • Stimulation20→35
  • Neuromodulation7→22
  • Transcranial magnetic stimulation2→13
  • Brain stimulation8→17
  • Dystonia14→21
Newly emergingAdverse effect 0→6
Landmark A phase I trial of deep brain stimulation of memory circuits in Alzheimer's disease · 807 cites
RESEARCH HOTSPOTS · Canada

Where neurotech 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.

Toronto524 · +0.30
Hot · Deep brain stimulationAdvancing · StimulationOpportunity · Verbal fluency testConcern · Neurosurgery
Montreal156 · +0.37
Hot · NeuroprostheticsAdvancing · Spinal cord injuryOpportunity · Motor cortexConcern · Parkinson's disease
Edmonton/Calgary119 · +0.32
Hot · NeuroethicsAdvancing · ThalamusOpportunity · Zona incertaConcern · Movement disorders
Vancouver76 · +0.21
Hot · Neuropathic painAdvancing · ElectroencephalographyOpportunity · Diaphragm (acoustics)Concern · Dystonia
Waterloo/Hamilton73 · +0.47
Hot · BiomechanicsAdvancing · ExoskeletonOpportunity · Magnetic resonance imagingConcern · Deep brain stimulation
Ottawa/Kingston25 · +0.25
Hot · NeurostimulationAdvancing · StimulationOpportunity · Alcohol use disorderConcern · Deep brain stimulation
PATENT SIGNAL · Canada

Who's filing neurotech patents in Canada

Canada neurotech patent filing is accelerating — 67 filings from 22 assignees (2016–2025), led by EBT Medical, LIM LEW, Holland Bloorview KIDS Rehabilit; annual filings 4→10.

67 filings22 assigneespeak 11/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • EBT Medical18
  • LIM LEW15
  • Holland Bloorview KIDS Rehabilit11
  • UNIV Health Network10
  • LIM TENG LEW9
  • JOHN Michael Sasha7
  • Queens UNIV6
  • UNIV Rennes6

Common questions

How many Neurology companies are there in Canada?
Radar tracks 148 indexable Neurology companies headquartered in Canada that meet our profile-completeness bar.
What is the total funding raised by Neurology companies in Canada?
The Neurology companies in Canada on this list have raised a combined $1.5B in disclosed equity funding across 63 funded companies.
Which is the highest-funded Neurology company in Canada?
ProMIS Neurosciences is the highest-funded Neurology company in Canada, with $247.3M in disclosed equity funding.
How many Neurology companies in Canada are funded?
63 of the 148 Neurology companies in Canada on this list have disclosed at least one equity funding round.
How many Neurology unicorns are there in Canada?
None of the Neurology companies in Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Canada Neurology companies?
The most active investors in Canada Neurology companies on this list include Ontario Brain Institute, BDC, Ontario Centre of Innovation, National Research Council Canada, JLABS.
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.

Coming soon