Best Semiconductors Companies in Canada
The 470 best Semiconductors companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Mortice Kern Systems.
Canada's Semiconductors sector has 470 tracked companies and $6.1 billion in disclosed funding — and that number tells you something real about how seriously this country has leaned into chip-level innovation. This directory ranks the best Semiconductors companies in Canada by disclosed equity funding and recent funding momentum, giving you a clear line of sight into where capital is actually concentrating.
Tenstorrent leads at $485M raised, followed by 5N Plus at $157M and POET Technologies at $155M, with Xanadu not far behind at $250M. Those figures aren't rounding errors. The global semiconductor market is projected to reach $580.2 billion by 2026, growing at a 3.0% CAGR, and Canadian firms are positioning early across semiconductor chips, wafers, and devices. BDC and Export Development Canada sit among the most active investors here, which signals that public capital is underwriting the longer bets. So what's the through-line? Three unicorns in a field of 470 companies means concentration is real, and the gap between the top earners and the rest is worth watching if you're trying to place a smart bet on where Canada's chip stack is actually headed.
Our analysis of 219 Semiconductors companies
$47.9b in tracked funding; 70% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Semiconductors companies in Canada
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Mortice Kern Systems Technology Solutions for Ongoing Product & Service Advantage | PTC | $1.4B | 25 mo ago | 10,900 | — | Cart FunctionalitySAP Commerce CloudDrupal+23 | — | — | 1 internship · 1 launch · 1 expansion |
| 2 | 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 |
| 3 | Tenstorrent 🦄 Developer of hardware and open-source software for artificial intelligence acceleration 90Funding top 20%Patents top 25%Moat top 25%Innovation top 28% All 12 signals ▾Fundingtop 20% Patentstop 25% Moattop 25% Innovationtop 28% Talenttop 28% AItop 30% Markettop 31% Producttop 31% Globaltop 34% Growthtop 35% Techtop 41% Newsbottom 24% Funding: Raised $485M across 6 rounds · 6 rounds over 9 yrs (0.7/yr) Patents: 100 patents matched (strict assignee match) · 60 filings since 2022 vs 40 in 2017-21 rank vs industry peers · Fliar Intelligence Index 90/100 | $485M | 18 mo ago | 350 | Ivan Hamer Co-Founder | SanityCart FunctionalityTurbopack+18 | — | 100 patents Patents concentrated in computing, sensing & instrumentation | 2 launchs |
| 4 | LeddarTech 🦄 AI based perception and sensing software | $299M | 36 mo ago | 189 | Marc Tremblay Co-Founder | WordPressSentryApple iCloud Mail+32 | — | 209 patents Advanced LiDAR hardware, optics, and perception software for autonomous vehicle sensing | — |
| 5 | Xanadu 🦄 Manufacturer of cloud and AI-based application-specific ICs for quantum computing applications 84Funding top 12%Moat top 26%Growth top 28%AI top 35% All 8 signals ▾Fundingtop 12% Moattop 26% Growthtop 28% AItop 35% Talenttop 35% Markettop 38% Techtop 38% Globalbottom 39% Funding: Raised $250M across 9 rounds · 9 rounds over 8 yrs (1.1/yr) Moat: Editorial + unicorn rating 9/10 · Unicorn rank vs industry peers · Fliar Intelligence Index 84/100 | $250M | 3 mo ago | 188 | Christian Weedbrook Founder & CEO | DrupalPHPYouTube+23 | — | — | 1 job opening · 1 partnership |
| 6 | GaN Systems Manufacturer of semiconductor and system solutions for various application areas | $220M | 54 mo ago | 200 | — | WordPressSentryMySQL+33 | — | 155 patents GaN power semiconductor devices and advanced thermal/packaging solutions for high‑current switching | — |
| 7 | 5N Plus Manufacturer of specialty semiconductors and performance materials for essential technologies | $157M | 12 mo ago | 259 | Arjang Roshan CEO & President | Apple iCloud MailMicrosoft 365Python+10 | 18 signals ▼25% Earnings · Leadership · Contracts | 42 patents Metal powder atomization and processing for high‑performance alloy production | — |
| 8 | POET Technologies Manufacturer of interposer platforms for communication between photonic and electronic devices | $155M | 8 mo ago | 20 | Suresh Venkatesan CEO | WebflowApple iCloud MailMicrosoft 365+12 | 5 signals ▼62% Earnings · Contracts | — | 1 job opening · 1 partnership |
| 9 | Untether AI Developer of hardware and software for artificial intelligence inference acceleration | $152M | 58 mo ago | 122 | Chris Walker CEO & President | WordPressMySQLPHP+21 | — | 78 patents High‑performance computational memory and dataflow architectures for AI acceleration | — |
| 10 | SMTC Corporation SMTC Corporation is global provider of end-to-end electronics manufacturing services (EMS) | $121M | 65 mo ago | 861 | Ed Smith CEO | BootstrapApache HTTP ServerjQuery+5 | 4 signals ▲300% Leadership · Contracts · M&A | — | — |
| 11 | Enablence Photonic integrated circuits for telecommunication and related Industry | $94M | 14 mo ago | 202 | Evan Chen CEO | Cart FunctionalitySquarespace CommerceSquarespace+13 | 8 signals Earnings · Leadership · Regulatory | 60 patents Integrated planar waveguide circuits with segmented structures and reflective diffraction gratings. | — |
| 12 | E2ip Technologies Provider of engineering and prototyping services for electronic manufacturing industry | $88M | 37 mo ago | 263 | Eric Saint-Jacques CEO and BOARD MEMBER | WordPressApple iCloud MailMicrosoft 365+25 | — | — | 1 job opening · 1 launch · 1 award |
| 13 | RANOVUS Manufacturer of silicon-based interconnects solutions | $71M | 38 mo ago | 64 | — | WordPressMySQLPHP+15 | — | 89 patents Silicon photonic waveguide detectors and linearized Mach‑Zehnder interferometers for high‑speed optical links | 1 expansion · 1 award |
| 14 | SMT Intelligence Electronic circuit manufacturing firm | $68M | 31 mo ago | — | Stephane Deschenes Founder | WordPressMySQLRedis+29 | — | — | — |
| 15 | Onechip photonics InP based Photonics Integrated Circuits | $64M | 165 mo ago | — | Valery Tolstikhin Founder & CEO | — | — | 42 patents Integrated photonic components for wavelength multiplexing, lasers, detectors, and switching | — |
| 16 | Nu-Wave Photonics Developer of fiber optic components | $59M | 314 mo ago | — | Peter Scovell ex-CEO | — | — | — | — |
| 17 | Otilu Mionics Developer of advanced materials for electronics, displays, and quantum computing | $55M | 43 mo ago | 54 | Michael Helander President & CEO | WordPressApple iCloud MailGoogle Workspace+12 | — | — | — |
| 18 | Aupera Provider of an AI and cloud-based integrated systems for video processing and real-time analytics applications | $50M | 56 mo ago | — | Roy Liao Founder & CEO | — | — | 2 patents Flash-based storage architecture and data management (file systems, RAID) | — |
| 19 | Fresco Microchip RF, mixed signal and DSP solutions focused on digital television market | $48M | 179 mo ago | — | — | — | — | 22 patents RF front‑end tuning, filtering, and DSP for television receiver signal processing | — |
| 20 | OneChip Photonics Optical transceivers based on photonic integrated circuits (PICs) | $47M | 164 mo ago | — | Valery Tolstikhin Founder & CEO | — | — | 42 patents Integrated silicon photonic components for high‑density wavelength‑division optical networking | — |
| 21 | Spark Microsystems Provider of low-power radio transceivers for IoT applications 60Funding top 25%Talent top 25%News top 33%Innovation top 37% All 10 signals ▾Fundingtop 25% Talenttop 25% Newstop 33% Innovationtop 37% Moattop 37% Patentstop 40% Growthtop 45% Marketbottom 47% Techbottom 46% Globalbottom 37% Funding: Raised $46.3M across 5 rounds · 5 rounds over 9 yrs (0.6/yr) Talent: Analyst team rating 4/5 · 5 named leaders on record rank vs industry peers · Fliar Intelligence Index 60/100 | $46M | 2 mo ago | 64 | Mohammad Taherzadeh Co-Founder | WordPress Block EditorwpBakeryWordPress+28 | 3 signals Funding | 12 patents Ultra‑wideband wireless radios, transceivers, and signal‑processing methods for short‑range communication | 1 launch · 1 partnership |
| 22 | 1QBit Hardware-agnostic platform for quantum computing | $45M | 95 mo ago | 69 | — | WordPressApple iCloud MailGoogle Workspace+22 | — | — | 1 job opening |
| 23 | RavenQuest BioMed Manufacturer of UV curable adhesives and related materials | $43M | 83 mo ago | — | Jay Dhaliwal CEO | — | — | — | — |
| 24 | Nicoya Life Provider of hyperspectral optical microscopes for surface analysis | $35M | 54 mo ago | 105 | — | WordPressUnbounceElementor+36 | — | — | 2 launchs |
| 25 | PTSL Design and fabrication of PCB | $30M | 44 mo ago | 35 | Samer Bayram Founder | WordPressMySQLPHP+13 | — | — | — |
| 26 | Lite Access Fiber-optic deployment components provider | $26M | 43 mo ago | 20 | — | — | — | — | — |
| 27 | MDA Space Developer of chips, products, and systems for satellite communications technology | $25M | 15 mo ago | 191 | Yoav Leibovitch Co-Founder | WordPressMySQLPHP+24 | — | — | 1 partnership · 1 expansion |
| 28 | VueReal Developer of micro-LED based display technology | $25M | 16 mo ago | 45 | — | WordPressApple iCloud MailMicrosoft 365+19 | — | 643 patents MicroLED and microdisplay packaging, chiplet integration, and sensor-enabled display technologies. | — |
| 29 | Xandar Kardian Provider of radar-based sensors for detecting human presence | $24M | 54 mo ago | 36 | Sung Cho Co-Founder | WordPressMySQLPHP+31 | — | — | — |
| 30 | Aeponyx Manufacturer of silicon-based photonic transceivers | $17M | 62 mo ago | 34 | — | DudaNginxSnowplow Analytics+12 | — | 83 patents Advanced photonic packaging and hybrid integration for wavelength‑tunable optical components | 2 job openings |
| 31 | Anyon Systems Computation tools and simulations to design the hardware for quantum computers 62AI top 15%Patents top 20%Innovation top 26%Moat top 32% All 9 signals ▾AItop 15% Patentstop 20% Innovationtop 26% Moattop 32% Growthtop 35% Fundingtop 41% Techtop 49% Globalbottom 35% Marketbottom 29% AI: Holds AI/ML patents (G06N-family CPC) Patents: 65 patents matched (strict assignee match) · 49 filings since 2022 vs 16 in 2017-21 rank vs industry peers · Fliar Intelligence Index 62/100 | $17M | 6 mo ago | 24 | — | TurbopackApple iCloud MailMicrosoft 365+10 | — | 65 patents Cryogenic dilution refrigeration and qubit fabrication for scalable quantum computing hardware | 2 launchs · 1 partnership · 1 expansion |
| 32 | Stathera Provider of MEMS-based timing ICs and resonators | $15M | 37 mo ago | 19 | George Xereas Chief Executive Officer | WordPressVisual ComposerElementor+26 | — | 42 patents Temperature-compensated MEMS resonators and ML-enhanced clock signal correction for timing systems | 1 award |
| 33 | OpSens Manufacturer of optical sensors | $15M | 60 mo ago | 18 | Christopher Simon CEO | WordPressMySQLPHP+31 | — | 140 patents Intravascular pressure sensing for cardiac/hemodynamic monitoring and structural heart interventions. | — |
| 34 | Blumind Developer of all-analog AI neural network architecture for edge applications 53AI top 25%Innovation top 31%Patents top 34%Funding top 35% All 9 signals ▾AItop 25% Innovationtop 31% Patentstop 34% Fundingtop 35% Talenttop 38% Growthtop 45% Globalbottom 44% Techbottom 41% Marketbottom 23% AI: Classified as an AI company · Holds AI/ML patents (G06N-family CPC) Innovation: 21 patents (top 51% of patent-holders) · 21 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 53/100 | $14M | 14 mo ago | 12 | Niraj Mathur Co-Founder & CEO | Craft CMSPHPYii+13 | — | 21 patents Low-power analog front‑ends and transistor‑based neural network hardware for vision/audio AI | 1 job opening |
| 35 | Metamaterial Manufacturer of metamaterials | $14M | 33 mo ago | 239 | Themos NA Co-founder and Chief Science Officer | WordPressMySQLPHP+22 | — | 13 patents Embedding functional foils/metamaterials into optical lenses and microwave components | — |
| 36 | Boreas Technologies Low-power IC chips | $12M | 31 mo ago | 45 | Simon Chaput Founder & CEO | — | — | — | 4 launchs |
| 37 | Brickeye Provider of construction risk mitigation platform integrating IoT and data analytics 37Funding top 33%Talent top 38%Product top 42%Moat bottom 45% All 6 signals ▾Fundingtop 33% Talenttop 38% Producttop 42% Moatbottom 45% Marketbottom 40% Globalbottom 36% Funding: Raised $10.0M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 37/100 | $10M | 4 mo ago | — | Anthony Fernando Co-Founder | — | — | — | — |
| 38 | Nord Quantique Manufacturer of superconducting qubits 50AI top 15%Innovation top 28%Patents top 32%Funding top 35% All 10 signals ▾AItop 15% Innovationtop 28% Patentstop 32% Fundingtop 35% Moattop 38% Talentbottom 49% Techbottom 39% Globalbottom 39% Marketbottom 25% Newsbottom 18% AI: Holds AI/ML patents (G06N-family CPC) Innovation: 27 patents (top 44% of patent-holders) · 27 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 50/100 | $7M | 1 mo ago | 10 | Julien Camirand Lemyre Chief Executive Officer | Apple iCloud MailMicrosoft 365GSAP+11 | — | 27 patents Fault-tolerant quantum hardware and error‑correction techniques for scalable quantum processors | 1 award |
| 39 | Noze Developer of a breath-based diagnostic platform to detect disease markers noninvasively | $7M | 22 mo ago | 54 | Ashok Masilamani Chief Technology Officer and Founder | WebflowGSAPjsDelivr+6 | — | — | — |
| 40 | AirTest Provider of sensors for building energy management 19Growth top 45%Funding top 49%Global bottom 37%Tech bottom 33% All 6 signals ▾Growthtop 45% Fundingtop 49% Globalbottom 37% Techbottom 33% Marketbottom 24% Newsbottom 22% Funding: Raised $5.3M across 15 rounds · 15 rounds over 22 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 19/100 | $5M | 26 mo ago | 13 | — | WebflowreCAPTCHAHSTS+9 | — | — | — |
| 41 | Astrus Developer of AI-powered software for superhuman microchip design and automation | $5M | 9 mo ago | 4 | Zeyi Wang Co-Founder & Research Engineer | Framer SitesApple iCloud MailGoogle Workspace+7 | — | — | — |
| 42 | Pontosense Developer of sensor and AI technology for risk and wellness detection 42Patents top 32%Innovation top 34%Moat top 38%Talent top 38% All 8 signals ▾Patentstop 32% Innovationtop 34% Moattop 38% Talenttop 38% Productbottom 48% Fundingbottom 47% Marketbottom 37% Globalbottom 36% Patents: 17 patents matched (strict assignee match) · 17 filings since 2022 vs 0 in 2017-21 Innovation: 17 patents (top 57% of patent-holders) · 17 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 42/100 | $4M | 13 mo ago | — | Yihong Qi Co-Founder | CTO | — | — | 17 patents RF front‑end components: millimeter‑wave antennas, circularly polarized structures, and filter circuits. | 1 launch · 1 partnership |
| 43 | SBQuantum Developer of quantum magnetometers and magnetic intelligence solutions for various industries | $4M | 2 mo ago | 12 | Rachel Taylor Co-Founder & COO | WordPressMySQLPHP+15 | — | — | — |
| 44 | Motion Gestures Provider of AI and cloud-based motion gesture recognition systems | $4M | 24 mo ago | 8 | Kashif Kahn Co-Founder & CEO | SilverstripePHPBootstrap+13 | — | — | — |
| 45 | Micromem Inc Developer of sensor-based solutions for multiple industries | $4M | 5 mo ago | 4 | — | — | — | 11 patents Magnetic storage devices, HDD read/write heads, and Hall‑effect lubrication monitoring sensors. | — |
| 46 | Femtum Manufacturer of fiber lasers | $4M | 3 mo ago | — | Simon Duval Co-Founder & CTO | WordPress Block EditorWordPressMySQL+31 | — | 8 patents Laser-based fabrication and modification of semiconductor photonic waveguide chips | 5 job openings · 1 partnership |
| 47 | FREDsense Provider of a biosensor platform to detect water-borne chemicals 55Innovation top 23%Talent top 28%Product top 36%Moat top 39% All 10 signals ▾Innovationtop 23% Talenttop 28% Producttop 36% Moattop 39% Techtop 44% Growthtop 45% Newstop 46% Fundingtop 49% Globalbottom 36% Marketbottom 34% Innovation: 5 product lines · Deep-tech classification: Tech Hardware Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 55/100 | $3M | 8 mo ago | 25 | Emily Hicks Co-Founder and President | WordPressApple iCloud MailGoogle Workspace+32 | — | — | 1 launch |
| 48 | TeraGo Internet, colocation and cloud services 57Innovation top 34%News top 36%Product top 37%Growth top 40% All 8 signals ▾Innovationtop 34% Newstop 36% Producttop 37% Growthtop 40% Techtop 42% Fundingtop 49% Marketbottom 48% Globalbottom 43% Innovation: 6 product lines News: 14 BI events in 12 mo (of 106 tracked, 9 types) · +8% YoY rank vs industry peers · Fliar Intelligence Index 57/100 | $2M | 14 mo ago | 100 | — | WordPressMySQLPHP+36 | 14 signals Earnings · Funding · Leadership | — | — |
| 49 | MetaVista3D Developer of AI-enhanced 3D display technology for immersive Metaverse experiences | $2M | 15 mo ago | — | Jeff Carlson CEO | UbuntuYouTubeVue.js+3 | 3 signals ▼50% Earnings · Announcements | — | — |
| 50 | Ynvisible Provides printable display technology based on electrochromic displays | $193K | 14 mo ago | 32 | Michael Robinson CEO | Webflow EcommerceCart FunctionalityWebflow+20 | 8 signals Announcements · Funding · Leadership | — | 1 partnership |
Top 12 Semiconductors companies in Canada
#1
Xanadu 🦄Public · Toronto, Ontario · founded 2016 · 188 employees$250Mraised▾
Manufacturer of cloud and AI-based application-specific ICs for quantum computing applications. It develops a quantum photonic processor and an open-source software platform. Its photonic-powered quantum processor chips are developed using squeezed light (fluctuation in light behaviour at the quantum level) concept for better calculations and computing speeds. It has developed open-source software that also includes a new quantum computing language, which is a dedicated machine learning platform for quantum computers.
- Mar 2026Grant (prize money)$2M
- Feb 2024Conventional Debt$2.8M
- Feb 2023Grant (prize money)$30M
- Nov 2022Series C$100M
#2
Series B · Montreal, Montreal · founded 2016 · 64 employees$46.3Mraised▾
Provider of low-power radio transceivers for IoT applications. It develops radio transceivers that enable the internet of things applications. Its features include low power consumption during transmitting and receiving, ultra-short wireless latency, and time-of-flight positioning. It has applications in gaming, audio, smart home and home security equipment, industrial, retail, and medical sectors.
- Mar 2026Series B$12.4M
- Mar 2023Series B$24.6M
- Apr 2022Series A$5.7M
- Feb 2021Series A$13.8M
#3
Public · Toronto, Ontario · founded 1985 · 20 employees$155.3Mraised▾
Manufacturer of interposer platforms for communication between photonic and electronic devices. It offers monolithic optoelectronic devices that combine electronics and optics onto a single chip for improvements in size, power, speed, and cost. It offers a platform that provides monolithic fabrication of integrated circuits containing analog, digital, and optical elements, with applications in devices, such as smartphones, tablets, servers, computers, and the Internet of things. It also develops gallium arsenide-based chip design processes having several market applications, including infrared sensor arrays for military and domestic monitoring and imaging applications.
- Oct 2025Post IPO$75M
- May 2025Post IPO$21.5M
- Sep 2024Post IPO$15M
- Apr 2024Post IPO$7.3M
#4
Series A · Sherbrooke, Quebec · founded 2020 · 10 employees$7.5Mraised▾
Manufacturer of superconducting qubits. It designs and develops bosonic code-enabled superconducting circuits that can alleviate errors on every individual qubit. It facilitates the development of error-correcting quantum computing technology.
- May 2026Series A$30M
- Feb 2022Seed$7.5M
- Grant (prize money)$5M
- Grant (prize money)$16M
#5
Public · Montreal, Montreal · founded 2000 · 259 employees$157Mraised▾
Manufacturer of specialty semiconductors and performance materials for essential technologies. The company develops and manufactures advanced materials that are core components for customer products. It deploys proprietary and proven technologies to create critical materials that enable a wide variety of technologies and products. The company transforms metals into value-added specialty materials.
- May 2025Grant (prize money)$8.8M
- Apr 2025Grant (prize money)$1.5M
- Jan 2025Grant (prize money)$9.3M
- Feb 2019Conventional Debt$5M
#6
Series D · Toronto, Ontario · founded 2016 · 350 employees$485.1Mraised▾
Developer of hardware and open-source software for artificial intelligence acceleration. The company provides tools for optimizing workloads on its hardware. It offers an open-source compiler designed to integrate with its AI software library. The company provides resources such as documentation and developer tutorials.
- Dec 2024Series D$693M
- Aug 2023Series C$100M
- Jun 2021Conventional Debt—
- May 2021Series C$200M
#7
Funding Raised · Montreal, Montreal · founded 2014 · 24 employees$16.7Mraised▾
Anyon Systems works in developing computation tools and simulations, using supercomputers, to help design the hardware for quantum computers. The company is working with Google to create 20-qubit quantum computers, and is in parallel working on developing 50-qubit also. Government of Canada invested $33.5 million in Anyon Systems' major academic partner, University of Sherbrooke.
- Dec 2025Grant (prize money)$16.7M
#8
Public · Toronto, Ontario · founded 2003 · 202 employees$93.5Mraised▾
Enablence Technologies Inc. designs, manufactures, and sells optical components and subsystems for FTTH, metro, and long-haul markets worldwide. It offers a line of Transmit Optical Sub-Assembly (TOSA) and Receive Optical Sub-Assembly (ROSA) products, a range of Arrayed Waveguide Gratings: iMS switches and iROAD solutions for multi-channel reconfigurable optical add/drop multiplexer and PLC-based VOA/Multiplexer modules. They offer GE-PON, BPON and GPON products for the global rollout of Fiber-to-the-Home (FTTH). The company also provides optical component design, custom wafer fabrication, hybrid integration, and packaging and testing services for telecommunications, aerospace, defense, and bio/chemical-sensor markets. It utilizes its patented technologies including planar lightwave circuit ("PLC") intellectual property in the production.
- Apr 2025Post IPO$23.5M
- Jul 2018Post IPO$1M
- Jun 2017Post IPO$7.4M
- Mar 2016Conventional Debt$2.2M
#9
Acquired · Toronto, Ontario · founded 2013$10Mraised▾
Provider of construction risk mitigation platform integrating IoT and data analytics. The platform offers real-time monitoring, alerts, and analytics for construction projects. It focuses on mitigating water damage, monitoring concrete, and managing environmental risks. The platform serves general contractors, owners, developers, and insurance providers with risk mitigation solutions.
- Jan 2026Series B$10M
- Oct 2023Series A$10M
#10
Seed · Sherbrooke, Quebec · founded 2018 · 12 employees$4Mraised▾
Developer of quantum magnetometers and magnetic intelligence solutions for various industries. The company’s technology enhances magnetic field measurement specificity through a novel quantum magnetometer. This magnetometer powers a dashboard that allows clients to explore and navigate using fluctuations in the Earth’s magnetic field. Applications include mining exploration, autonomous vehicle navigation, defense, security sensing, and space-based data capture.
- Apr 2026Seed$4M
#11
Series A · Quebec City, Quebec · founded 2016$3.7Mraised▾
Femtum is a manufacturer of fiber lasers. The company offers fiber laser products like Femtum Ultra 2800, Femtum UltraTune 3400, and Femtum Amp 2800. It can be used in Fundamental physics, Nonlinear optics, Supercontinuum generation, Strong-field physics, Biomedical, Tissue ablation, Hyperspectral imaging/microscopy, Spectral Domain OCT, Military, Counter measurements, Advanced telecommunication, Chemical remote sensing, Spectroscopy, Ultrafast vibrational chemistry, Remote gas sensing, and Frequency Combs.
- Mar 2026Series A$11.8M
- Jan 2024Seed$3.7M
#12
Public · Toronto, Ontario · founded 1985 · 4 employees$3.8Mraised▾
Developer of sensor-based solutions for multiple industries. The company designs and develops sensor technology for various applications. The technology combines sensitivity, robust structure, cost effectiveness, and small size. It holds patents claiming priority in multiple applications.
- Jan 2026Post IPO$200K
- Oct 2025Post IPO$29.6K
- Jun 2025Post IPO$174.8K
- Jan 2025Post IPO$281.1K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Semiconductors coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Semiconductors is moving in Canada
A read on the academic research around Semiconductors — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 739 Canada-affiliated papers.
- Polytechnique Montréal94
- University of Toronto60
- University of Waterloo57
- McGill University45
- University of British Columbia35
- Photonics15→24
- Transistor7→13
- Voltage5→11
- Photonic integrated circuit13→17
- Amplifier1→5
- Converters1→8
- Power (physics)1→7
- Photonics8→12
- Transient (computer programming)2→6
- Adder1→5
- Electronic circuit4→8
Where semiconductors 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.
Who's filing semiconductors patents in Canada
Canada semiconductors patent filing is cooling — 1,206 filings from 674 assignees (2016–2025), led by Vuereal, ATI Technologies ULC, GAN Systems; annual filings 129→94.
- Vuereal173
- ATI Technologies ULC84
- GAN Systems81
- Ignis Innovation65
- Intel65
- Advanced Micro Devices59
- Alpha & Omega Semiconductor INT58
- Tischler Michael A57
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.