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"Top 25 Canadian Venture Capital Firms Actively Investing in 2026" - Listicle format, highly shareable

Written by Zaki Usman | Jan 16, 2026 7:25:45 PM

This is not a vanity list. It is a working map of capital for founders who want to raise in Canada in 2026 without wasting time on inactive funds, legacy brands, or firms that quietly stopped leading rounds. These firms are actively deploying, writing meaningful checks, and shaping outcomes at Seed through Series B+.

Use this list to shortlist by stage fit, match sector focus, identify lead versus follow behavior, and understand regional capital patterns. Strong founders target 5–8 funds with intent. Everyone else sprays.

🇨🇦 Top 25 Canadian VC Firms (2026)

1. Inovia Capital

Stage: Series A–Growth. Backs category leaders early and stays involved long-term. High bar for clarity and execution.

2. Real Ventures

Stage: Pre-Seed, Seed. Founder-first firm with deep early-stage support and strong PMF discipline.

3. Georgian

Stage: Series B+. Applied AI and enterprise software with deep diligence. Not for early discovery.

4. iNovia Capital

Stage: Seed–Series B. Product-led, globally ambitious companies with clear GTM.

5. Portag3 Ventures

Stage: Seed–Series B. Fintech-focused with strong institutional relationships and regulatory depth.

6. OMERS Ventures

Stage: Series A–Growth. Long-term capital with enterprise bias and strong governance expectations.

7. Golden Ventures

Stage: Seed. Selective, thesis-led, and founder-driven. Quality over volume.

8. Version One Ventures

Stage: Pre-Seed, Seed. Strong track record in product-driven companies and early signals.

9. Radical Ventures

Stage: Seed–Series A. Deep AI specialization. Technical credibility required.

10. White Star Capital

Stage: Seed–Series B. International mindset with strong cross-border expansion experience.

11. BDC Capital

Stage: Seed–Growth. Structured capital with policy alignment. Slower but stable.

12. Luge Capital

Stage: Seed–Series A. Fintech and data-driven businesses with institutional-grade rigor.

13. Panache Ventures

Stage: Pre-Seed. Operator-led fund backing technical founders early.

14. Framework Venture Partners

Stage: Series A–B. B2B SaaS focus with GTM discipline and sales efficiency bias.

15. Relay Ventures

Stage: Seed–Series A. Mobile, fintech, and data infrastructure plays.

16. Amplitude Ventures

Stage: Series A–Growth. Life sciences and health innovation with long timelines and deep science.

17. Diagram Ventures

Stage: Pre-Seed, Seed. Venture builder model suited to founders open to co-creation.

18. Bessemer Venture Partners

Stage: Series A+. Not Canada-only, but actively investing in Canadian winners.

19. Northleaf Capital

Stage: Growth. Later-stage institutional capital. Not for early rounds.

20. Stratford Partners

Stage: Growth. Operationally focused growth investing.

21. Celtic House Venture Partners

Stage: Seed–Series A. Quiet, disciplined, and selective with a long-term orientation.

22. Investissement Québec

Stage: Series A–Growth. Strategic capital tied to Quebec-based growth.

23. ScaleUP Ventures

Stage: Series B+. Scaling-focused fund for companies exiting early growth.

24. Highline Beta

Stage: Pre-Seed, Seed. Corporate-backed innovation and venture studio model.

25. Techstars Toronto

Stage: Pre-Seed. Accelerator-backed capital with global network access.

Final Advice for Founders

A strong raise in 2026 is not about finding money. It is about finding aligned capital. The firms above are active, but only a few will be right for your stage, sector, and ambition. Choose carefully.

Further Insights

External Resources

Disclaimer
This content is for general information only and does not constitute legal, financial, or investment advice. Outcomes are not guaranteed; external resources are provided without warranty or endorsement, and founders should consult qualified professionals for decisions about fundraising, valuations, and capital strategy.