Quarterly funding report
Q3 2026 Canada Startup Funding Report
15 funded Canadian startups raised a combined $1.1B in Q3 2026. The biggest rounds, most active investors, and where the money went.
Top 10 funded companies
| # | Company | Sector | Raised | Profile |
|---|---|---|---|---|
| 1 | General Fusion | DeepTech | $335M | |
| 2 | Nesto | Fintech | $218.6M Series E | |
| 3 | Xanadu Quantum | DeepTech | $140.8M Debt | |
| 4 | Wafr Technologies | ClimateTech | $100M | |
| 5 | KOHO | Fintech | $93.2M | |
| 6 | Veeda AI | AI | $90M Seed | |
| 7 | Canadian startup | DeepTech | $75M | |
| 8 | Helcim | Fintech | $38M Series C | |
| 9 | Terminal | Other | $20M | |
| 10 | Legio | SaaS | $5M Seed |
Company names link to their site; “View” opens their Datapile profile. Ranked? Click “Badge” to embed it.
Funding by sector
Most active investors
Notable rounds
“General Fusion is a nuclear fusion startup that has developed magnetized target fusion technology, using mechanical compression to achieve fusion conditions.”
“Nesto is a Montreal-based digital mortgage platform that simplifies the mortgage process for consumers.”
“Xanadu Quantum is developing quantum computers based on photonics technology, which utilizes light for computing.”
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Data from Datapile’s funding database. Generated September 2026.