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Radar · Orthopedics in Canada

Best Orthopedics Companies in Canada

The 85 best Orthopedics companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Spineology.

85companies tracked
$166.5Mdisclosed funding
0unicorns
21have raised
Sources & further reading
  • Orthopedics Market: Rising Burden of Orthopedic Diseases in Developed
FLIAR INTELLIGENCE · ORTHOPEDICS × CANADA

Our analysis of 50 Orthopedics companies

$3.4b in tracked funding; 82% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

50companies analysed
82%cloud-native stacks
2025funding peak (by rounds)
2015median founding year
40median Fliar Index™
91kcombined LinkedIn audience
51%of audience held by top 3
3companies hiring publicly (12 mo)

Ranked: Best Orthopedics companies in Canada

#CompanyDisclosed fundingLast roundEmployeesFoundedFounderTech stackPatents & IP focusRecent signals
1Spineology
Developer of minimally invasive spinal surgery devices
57Funding top 25%Tech top 32%Moat top 39%Growth top 45%
All 8 signals ▾
Fundingtop 25%
Techtop 32%
Moattop 39%
Growthtop 45%
Marketbottom 49%
Talentbottom 49%
Globalbottom 37%
Newsbottom 18%
Funding: Raised $67.0M across 12 rounds · 12 rounds over 24 yrs (0.5/yr)
Tech: 33 technologies across 4/8 capability areas · Cloud: Cloudflare
rank vs industry peers · Fliar Intelligence Index 57/100
$67M7 mo ago941997Brian Snider
Chief Executive Officer
WordPressMySQLPHP+24—2 launchs
2Kinova
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 ago2432006Charles Deguire
Co-Founder & CEO
Craft CMSPHPYii+2383 patents
Modular, protected robotic manipulators with advanced control and plug‑in joint interfaces
1 partnership
3Ortho Regenetative Technologies
Orthopedic tissue repair devices
$12M48 mo ago42015—AMPWhatsApp Business ChatGoogle Font API+4——
4Stoko
Supplier of medical-grade knee bracing
$7M60 mo ago232017Zack Eberwein
CEO
Cart FunctionalityShopifyAmazon Web Services+39—1 job opening
5ChitogenX
Developer of therapeutic tissue repair technologies to improve tissue healing
$4M36 mo ago62015————
6Mesentech
Developer of therapies for treating bone disorders
$4M17 mo ago132016Ian McBeath
Founder & Co-CEO
———
7Cryos Technologies
Developing dynamic orthotics and digital postural assessment systems
$3M112 mo ago441994John A Stimpson
CEO & President
WordPressMySQLPHP+317 patents
Foot biomechanics imaging, surface analysis instrumentation, and adaptive orthotic footwear technologies.
—
8Covina BioMedical
A glass-based bone cement for the repair of vertebral fractures
$3M132 mo ago—2015Caitlin Pierlot
CEO
—2 patents
Germanium-based glass ionomer dental cements for restorative dentistry
—
9Spring Loaded Technology
Provides bionic knee braces
$2M123 mo ago272012—Cart FunctionalityWooCommerceWordPress+2452 patents
Spring-loaded orthopedic braces with integrated energy-storage and hydraulic tension mechanisms.
—
10Induce Biologics
Bioimplants for bone regeneration
$2M135 mo ago82008—Wix eCommerceWixSentry+1016 patents
Multiphasic growth‑factor delivery via polymeric bio‑implants for tissue regeneration
—
11Rehabtronics
Developer of rehabilitation devices for neurological diseases
$2M55 mo ago152003—Cart FunctionalityWooCommerceWordPress+1942 patents
Therapeutic electrical muscle stimulation and pressure injury mitigation devices.
—
12Plantiga
Provider of smart insoles for activity tracking
$1M59 mo ago92006Norman McKay
Co-Founder
Cart FunctionalitySquarespace CommerceSquarespace+1812 patents
Integrated footbed suspension systems for improved comfort in footwear
—
13Satellos Bioscience
Developer of small molecule drugs for rare diseases
$1M18 mo ago32012Michael Rudnicki
Co-Founder
BugHerdQ4MediaElement.js+196 patents
Patents concentrated in chemistry & materials
—
14GaitTronics
Develops robots for effortless mobility for seniors
$600K167 mo ago22012——5 patents
Intelligent control systems for patient gait assistance and rehabilitation devices
—
15GCS Medical
Limb positioner used for arthroscopic and open shoulder surgeries
$590K162 mo ago—2011Guillaume Chauvette
Co-Founder
———
16eupraxia pharmaceuticals
Eupraxia is a clinical-stage biotech company developing locally delivered, extended-release alternatives to…
$473K19 mo ago212012—WordPressApple iCloud MailMicrosoft 365+2699 patents
Controlled‑release injectable drug formulations and crystal engineering for targeted anti‑inflammatory therapy
1 job opening
17Spinesonics Medical
Ultrasound Navigated Spine Surgery
$345K144 mo ago—2013Amir Manbachi
Founder
———
18Brink Bionics
Developer of robotic upper-limb replacement technology
$334K69 mo ago12018Erik Lloyd
Co-Founder & CEO
—7 patents
EMG-based low‑latency control and modular prosthetic hand technologies for myoelectric devices
—
19B-Temia
Developer of wearable robots for human mobility
$103K133 mo ago252010——269 patents
Wearable exoskeleton and orthotic support structures with actuation and load‑transfer technologies
—

Top 12 Orthopedics companies in Canada

#1
Late Stage · St. Paul, Alberta · founded 1997 · 94 employees
$67Mraised
▾

Developer of minimally invasive spinal surgery devices. The company develops surgical techniques, implants, and instruments that conserve spinal bone, nerve, and muscle tissues during orthopedic surgeries. The company offers deployable grafting, pedicular fixation, interbody fusion, retractor, liquid tissue matrix, amniotic wound covering, spinal fixation, allograft, and facet fixation systems. The OptiMesh Deployable Grafting System works by allowing implants to be inserted empty and then deployed to their full size, once in position.

Fliar Intelligence Index™ 57how this company ranks against its industry peers
Funding
top 25%
Tech
top 32%
Moat
top 39%
Growth
top 45%
Market
bottom 49%
Talent
bottom 49%
Funding: Raised $67.0M across 12 rounds · 12 rounds over 24 yrs (0.5/yr) · Last round Unattributed (Nov 2025)
Tech: 33 technologies across 4/8 capability areas · Cloud: Cloudflare · Security: Cloudflare Bot Management, Http/3
Moat: Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Audience (LinkedIn): 12k LinkedIn followers — 13.5% of this cohort's audience
Activity (LinkedIn): 2 product launches announced in 12 mo
Funding rounds
  • Nov 2025Unattributed$8.8M
  • Jul 2024Unattributed$25M
  • May 2023Unattributed$5M
  • Sep 2021Venture Debt$15M
Founders & team
Brian SniderChief Executive Officer
Investors
Affinity Capital Management, Oak Ridge Financial, Hermed Capital, Horizon, SV Health Investors, 1315 Capital
Tech stack
Animate.CssAstraBeaver BuilderCloudflareCloudflare Bot ManagementCore-Js
#2
Series A · Vancouver, British Columbia · founded 2016 · 13 employees
$3.9Mraised
▾

Developer of therapies for treating bone disorders. The company's lead candidate is MES1007, a bone-targeted prodrug that has the potential to reverse bone loss caused by diseases such as Duchenne muscular dystrophy and osteoporosis. Also, it leverages bi-specific drug conjugate technology to develop new drugs for hematological and gastrointestinal diseases.

Funding rounds
  • Jan 2025Series A$2.3M
  • Nov 2024Series A$1.2M
  • Apr 2022Series A$3.9M
  • Nov 2020Seed—
Founders & team
Ian McBeathFounder & Co-CEOJonathan PolakChief Executive Officer
Investors
CureDuchenne, Beresford Ventures, WUTIF Capital, Cascadia Venture Forum, adMare BioInnovations, Red Thread Ventures
#3
Public · Toronto, Ontario · founded 2012 · 3 employees
$1.1Mraised
▾

Developer of small molecule drugs for rare diseases. The company's lead drug is used for the treatment of rare degenerative disease and a muscular genetic disorder called Duchenne muscular dystrophy. It restores the capacity of muscle stem cells to properly divide and produce progenitor cells.

Funding rounds
  • Dec 2024Post IPO$25M
  • Sep 2022Seed$99.2K
  • Jan 2021Seed$1M
Founders & team
Michael RudnickiCo-FounderFrank GleesonCo-Founder & CEO
Investors
Parent Project Muscular Dystrophy, Blyth Group, Qiming
Tech stack
AccessibeBootstrapBugherdCloudflareCloudflare Bot ManagementContact Form 7
#4
Series B · Boisbriand, Quebec · founded 2006 · 243 employees
$57Mraised
▾

Developer of robotic arms for personal assistance and research purposes. It provides robotic arms designed to work alongside humans in diverse applications. It enhance performance and safety in manufacturing, healthcare, and other sectors. It utilizes cookies to personalize content, analyze traffic, and enhance service functionality. The flagship product is assistive six-axis robotic manipulator arm with a two or three finger hand arm that allows users to perform multiple functions for patients with spinal cord injuries, SMA, muscular dystrophy, ALS, and stroke.

Fliar Intelligence Index™ 69how this company ranks against its industry peers
Patents
top 20%
Innovation
top 27%
Moat
top 28%
Funding
top 33%
Talent
top 34%
Tech
top 38%
Patents: 83 patents matched (strict assignee match) · 41 filings since 2022 vs 28 in 2017-21 · Latest publication 2026
Innovation: 83 patents (top 12% of patent-holders) · 41 filings since 2022 vs 28 in 2017-21 · Deep-tech classification: Tech Hardware
Moat: Editorial + unicorn rating 8/10 · IP moat: 83 patents · Soonicorn
Audience (LinkedIn): 25k LinkedIn followers — 27.8% of this cohort's audience
Activity (LinkedIn): 1 partnerships (incl. Acontis) announced in 12 mo
Funding rounds
  • Feb 2022Grant (prize money)$16M
  • Dec 2021Series B$32M
  • Sep 2017Series A$25M
Founders & team
Charles DeguireCo-Founder & CEOLouis-Joseph L'ecuyerFounder - Board Member - Strategic Advisor
Investors
Graham Partners, Export Development Canada, Innovation, Science and Economic Development Canada, Fonds Manufacturier Quebecois, Foxconn Electronics, BDC
Tech stack
CloudflareCloudflare Bot ManagementCookiebotCore-JsCraft CmsFacebook Pixel
#5
Public · Victoria, British Columbia · founded 2012 · 21 employees
$473Kraised
▾

Eupraxia Pharmaceuticals Inc is a clinical-stage biotechnology company focused on the development of locally delivered, extended-release alternatives to existing pharmaceuticals. Its product EP-104 is used for the treatment of osteoarthritis and eosinophilic esophagitis symptoms.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 7k LinkedIn followers — 7.2% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Director of Biostatistics
Investors
National Research Council Canada, SVB, Stadnyk & Partners, adMare BioInnovations
Tech stack
Apple Icloud MailCore-JsDocusignElementorFlickityGodaddy
#6
Public · Quebec City, Quebec · founded 2015 · 4 employees
$11.6Mraised
▾

Ortho Regenerative Technologies is an orthopedic company developing therapeutic tissue repair devices to improve surgeries. The company is developing products for indications including Rotator Cuff , Meniscus, Articular Cartilage, OA Pain, Other ligament/ tendon, and Nucleus Pulposus. The company is developing its products based on, RESTORE technology, simple to use surgical adjunct that is designed to assist in the repair of hard to heal injuries.

Funding rounds
  • May 2022Grant (prize money)$500K
  • Feb 2022Post IPO$2.6M
  • Nov 2021Post IPO$1.2M
  • Aug 2020Post IPO$2.5M
Investors
Axelys, Manitex Capital
#7
Public · Kirkland Lake, Ontario · founded 2015 · 6 employees
$4.1Mraised
▾

Developer of therapeutic tissue repair technologies to improve tissue healing. The company uses a proprietary chitosan-based biopolymer and biologic combination to deliver biologics such as platelet-rich plasma (PRP) or bone marrow aspirate concentrate (BMAC), to enhance healing in various musculoskeletal conditions.

Funding rounds
  • Jun 2023Post IPO$288K
  • Apr 2023Post IPO$3.9M
  • Feb 2023Post IPO—
#8
Seed · Vancouver, British Columbia · founded 2017 · 23 employees
$7Mraised
▾

Supplier of medical-grade knee bracing

LinkedIn Pulse recent public activity · Jul 2026
Audience: 9k LinkedIn followers — 9.7% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Quality Assurance Regulatory Affairs Manager
Funding rounds
  • Jun 2021Seed$995.8K
  • May 2021Seed$6M
Founders & team
Zack EberweinCEO
Investors
Genome British Columbia, Particular Ventures, Spring
Tech stack
Amazon S3Amazon Web ServicesAosApple PayAppnexusCart Functionality
#9
Seed · London, Ontario · founded 2022
$20Kraised
▾

Developer of prosthetic socket for amputees. It offers an automatically adjusting prosthetic socket uses sensors, wireless electronics, and motor-driven panels to wear a prosthetic leg.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers — 5.9% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Clinical Educator
Funding rounds
  • Jan 2025Seed—
  • 2023Seed$20K
  • Sep 2022Seed—
Founders & team
Sydney RobinsonCo-Founder & CEOOleksiy ZaikaCo-Founder
Investors
Techstars, Accelerator Centre
#10
Seed · Edmonton, Alberta · founded 2003 · 15 employees
$1.6Mraised
▾

Developer of rehabilitation devices for neurological diseases. The company offers Prelivia, which uses patented neurostimulation technology to help alleviate pressure injuries. Also, offers ReJoyce Upper Extremity Rehabilitation Workstation for the recovery of upper limb function and to perform easy assessments.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Activity: 1 product launches · 1 partnerships (incl. Ortopartner) announced in 12 mo
Funding rounds
  • Nov 2021Seed$1.6M
Investors
NorthSpring Capital Partners, Threshold Impact, Archangel Network, Thin Air Labs, NorthTech Capital Investors, Berkeley SkyDeck
#11
Seed · Vancouver, British Columbia · founded 2006 · 9 employees
$1.4Mraised
▾

Provider of smart insoles for activity tracking. The company has developed AI-based wearable insoles to analyze and track lower body musculoskeletal injuries, body health, and performance output. Also, it provides a mobile-based app for the users to review data and visualize the progress of the activity.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 3.2% of this cohort's audience
Funding rounds
  • Jun 2021Seed$1.2M
  • Feb 2012Seed$250K
Founders & team
Norman McKayCo-Founder
Investors
Globalive Capital, Harlo Equity Partners, FundersClub, Radical Ventures, Agile Angel, FCVC
Tech stack
Amazon Web ServicesAngularCart FunctionalityCore-JsGoogle AnalyticsGoogle Font Api
#12
Seed · Halifax, Nova Scotia · founded 2012 · 27 employees
$2.1Mraised
▾

Spring Loaded Technology is a Canada-based startup that has developed bionic knee braces for both re-enabling mobility and performance enhancement. The product is expected to enhance strength, reduce fatigue and increase stability.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Funding rounds
  • Mar 2016Seed$1.4M
  • Jun 2015Grant (prize money)$100K
  • Oct 2014Seed$270K
  • Jan 2014Seed$100K
Investors
Build Ventures, BDC, National Research Council Canada, Invest Nova Scotia, Arizona Tech Investors, MEDTEQ
Tech stack
AutoptimizeCart FunctionalityCloudflareCloudflare Bot ManagementFastlyFlickity

Funding & investor landscape

$166.5Mtotal disclosed funding
21companies funded
55disclosed rounds
0rounds last 90 days
Most active investors
Accelerator Centre3 rounds
Anges Quebec2 rounds
BDC2 rounds
Desjardins Capital2 rounds
Innovacorp2 rounds
MEDTEQ2 rounds
Ontario Brain Institute2 rounds
UTEST2 rounds
1315 Capital1 rounds
ACET1 rounds

Notable founders

Brian Snider
Chief Executive Officer · Spineology
Ian McBeath
Founder & Co-CEO · Mesentech
Jonathan Polak
Chief Executive Officer · Mesentech
Michael Rudnicki
Co-Founder · Satellos Bioscience
Frank Gleeson
Co-Founder & CEO · Satellos Bioscience
Charles Deguire
Co-Founder & CEO · Kinova
Louis-Joseph L'ecuyer
Founder - Board Member - Strategic Advisor · Kinova
Zack Eberwein
CEO · Stoko
Sydney Robinson
Co-Founder & CEO · Vessl Prosthetics
Oleksiy Zaika
Co-Founder · Vessl Prosthetics
Norman McKay
Co-Founder · Plantiga
Caitlin Pierlot
CEO · Covina BioMedical
Prism market signals · Canada · country-scoped Prism corpus, 8,112,480 docs

Market landscape — 10 sub-themes by coverage

Share of Orthopedics coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Canada

How research on Medical Devices is moving in Canada

A read on the academic research around Medical Devices — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 186 Canada-affiliated papers.

research sentiment over time
200820222026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 45% → 50% across 2008–2026.
top research entities
  • University of Toronto24
  • University of Alberta15
  • McMaster University13
  • McGill University13
  • University of Ottawa12
leading researchers
Mahdi Tavakoli · Rajni V. Patel · Septimiu E. Salcudean · Meaghan Bowthorpe · Thomas Looi · Michael D. Naish · Rucha Vadia · Blankart, Katharina
▲ Breakthroughs32 · 17%
▲ 13%→19% share
▲1.5× share momentum1 median citations53% since 2021mostly methods-led
Breakthroughs are rising (13%→19% of field), led by Robot.
rising sub-themes (early→recent)
  • Robot3→4
Landmark Evaluation of Teleoperated Surgical Robots in an Enclosed Undersea Environment · 73 cites
◆ Advancements53 · 28%
▲ 19%→28% share
▲1.5× share momentum3 median citations45% since 2021mostly methods-led
Advancements are rising (19%→28% of field), led by Robot.
rising sub-themes (early→recent)
  • Robot18
  • Surgical robot18
  • Teleoperation7
  • Computer vision6
  • Biomedical engineering5
Landmark Artificial intelligence meets medical robotics · 167 cites
▼ Concerns53 · 28%
▼ 42%→27% share
▼0.6× share momentum1 median citations43% since 2021mostly position pieces
Concerns are cooling (42%→27% of field), led by Biomedical engineering.
rising sub-themes (early→recent)
  • Biomedical engineering9
  • Risk analysis (engineering)7
  • Health care6
  • Surgical robot6
  • Patient safety5
Landmark Power Approaches for Implantable Medical Devices · 420 cites
RESEARCH HOTSPOTS · Canada

Where medical devices 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.

Toronto28 · +0.17
Hot · RobotAdvancing · Surgical robotOpportunity · Transcranial magnetic stimulationConcern · Health care
Edmonton/Calgary19 · +0.25
Hot · TeleoperationAdvancing · RobotOpportunity · Psychological interventionConcern · Health care
Montreal18 · +0.04
Hot · Clinical trialOpportunity · Drug
Vancouver16 · +0.26
Hot · Biomedical engineeringAdvancing · Surgical robotOpportunity · Photoacoustic imaging in biomedicine
Waterloo/Hamilton16 · +0.18
Opportunity · Robotic surgery
Ottawa/Kingston14 · +0.08
Hot · MEDLINEOpportunity · Psychological intervention
PATENT SIGNAL · Canada

Who's filing medical devices patents in Canada

Canada medical devices patent filing is cooling — 23,091 filings from 8,000 assignees (2016–2025), led by Medtronic Cryocath, Trudell Medical INT, UNIV Health Network; annual filings 2103→2001.

23,091 filings8,000 assigneespeak 2671/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • Medtronic Cryocath802
  • Trudell Medical INT750
  • UNIV Health Network586
  • Orthosoft473
  • Kardium452
  • Baylis Medical420
  • Sunnybrook RES INST410
  • Titan MED390

Common questions

How many Orthopedics companies are there in Canada?
Radar tracks 85 indexable Orthopedics companies headquartered in Canada that meet our profile-completeness bar.
What is the total funding raised by Orthopedics companies in Canada?
The Orthopedics companies in Canada on this list have raised a combined $166.5M in disclosed equity funding across 21 funded companies.
Which is the highest-funded Orthopedics company in Canada?
Spineology is the highest-funded Orthopedics company in Canada, with $67M in disclosed equity funding.
How many Orthopedics companies in Canada are funded?
21 of the 85 Orthopedics companies in Canada on this list have disclosed at least one equity funding round.
How many Orthopedics unicorns are there in Canada?
None of the Orthopedics companies in Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Canada Orthopedics companies?
The most active investors in Canada Orthopedics companies on this list include Accelerator Centre, Anges Quebec, BDC, Desjardins Capital, Innovacorp.
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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