FundedIQ

Recently Funded Biotechnology Startups in Canada

Updated Sep 2026

Funded Biotechnology startups in Canada number 191 in FundedIQ, tracked with their funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the Biotechnology startup funding landscape in Canada, along with the 100 most recently funded Biotechnology startups in Canada.

Biotechnology startups in Canada closed 147 funding rounds over the last 24 months, 67 of them in the last 12 months, and raised $3.0B in disclosed capital. The median disclosed round is $1.7M, with the middle half of rounds falling between $530K and $10M. Toronto and Vancouver hold the deepest concentrations of these companies.

Toronto leads a concentration of mid-sized teams. These firms possess enough staff to handle complex operations without the rigidity of massive corporations. Such a profile attracts vendors who provide scalable infrastructure. Early stage ventures in Vancouver and Montreal offer a different entry point for those targeting lean operations before rapid expansion begins.

Biotechnology funded startup statistics in Canada

Funded Biotechnology startups in Canada
191
tracked in the database
Funding rounds, last 12 months
67
147 over 24 months
Disclosed capital raised, 24 months
$3.0B
129 of 147 rounds disclosed an amount
Median round size
$1.7M
middle half $530K to $10M

Most recent funding round on record: Jun 2026.

100 most recently funded Biotechnology startups in Canada

100 of 191

Ordered by the date of the latest funding round. Each row gives the company, its location and industry, what it does, the stage and date of that round, and the disclosed amount.

M
Toronto, Canada · Biotechnology
Medicenna is a clinical-stage immunotherapy company focused on oncology and the development and…
Series Unknown ·
$4.4M
H
Toronto, Canada · Biotechnology
Cybin is a clinical-stage biopharmaceutical company on a mission to create safe and effective…
Series Unknown ·
$50M
H
Blackfalds, Canada · Biotechnology
Hemostemix Inc. is a Canadian biotechnology company that specializes in creating blood-derived cell therapies…
Series Unknown ·
$260k
A
Toronto, Canada · Biotechnology
Avicanna is an organization in the biopharmaceutical sector that concentrates on enhancing medical cannabis…
Series Unknown ·
$430k
K
Kintra
Toronto, Canada · Biotechnology
Kintra is creating an AI-powered biometrics platform for tracking hormones and biomarkers in elite athletes,…
Seed ·
Undisclosed
E
Markham, Canada · Biotechnology
Edesa Biotech is a privately-held company in the clinical stage that specializes in creating therapies for…
Series Unknown ·
$2.5M
M
Vancouver, Canada · Biotechnology
ME Therapeutics is a biotech company that specializes in finding and creating drugs for immuno-oncology that…
Series Unknown ·
$360k
A
Victoria, Canada · Biotechnology
Aurinia Pharmaceuticals is a clinical stage biopharmaceutical company focused on developing and…
Series Unknown ·
$3.1M
P
Plurilock
Victoria, Canada · Biotechnology
Plurilock is an innovative, identity-centric cybersecurity company that reduces or eliminates the need for…
Series Unknown ·
Undisclosed
M
Toronto, Canada · Biotechnology
Medicus Pharma is a biotechnology research company that fast-tracks the progress of life sciences and…
Series Unknown ·
$16M
P
Toronto, Canada · Biotechnology
ProteinQure is a biotechnology company specializing in creating innovative peptides for various medical…
Series Unknown ·
$1.8M
A
Vancouver, Canada · Biotechnology
Anodyne's mission is to create critical chemicals sustainably. Anodyne's approach takes advantage of nature's…
Series Unknown ·
$720k
N
Vancouver, Canada · Biotechnology
NervGen Pharma is a medicine company dedicated to creating solutions for the treatment of nerve damage and…
Series Unknown ·
$60M
Z
Saskatoon, Canada · Biotechnology
ZYUS is a biopharmaceutical company focused on providing patients with cannabinoids and other plant-based…
Series Unknown ·
$190k
R
Calgary, Canada · Biotechnology
Resverlogix Corporation, a biopharmaceutical company, focuses on the development of novel therapeutics in…
Series Unknown ·
$2.0M
X
Calgary, Canada · Biotechnology
XORTX Therapeutics Inc. is a BioPharmaceutical company focused on developing innovative therapies to treat…
Series Unknown ·
$5.0M
Z
Thunder Bay, Canada · Biotechnology
Zentek is a technology company specializing in nanomaterials, specifically developing technologies using…
Series Unknown ·
$11M
D
Diamond Therapeutics
Toronto, Canada · Biotechnology
Diamond Therapeutics is a company based in Toronto that specializes in the development of psychedelic drugs.…
Series Unknown ·
Undisclosed
E
Ottawa, Canada · Biotechnology
Esphera SynBio functions as a biotech company that offers treatments and preventive solutions for diseases…
Seed ·
$370k
S
Hamilton, Canada · Biotechnology
Stoked Bio is a biotechnology company focused on discovering and developing new therapeutics for…
Series Unknown ·
$370k
S
Hamilton, Canada · Biotechnology
Synmedix's mission is to provide new therapies that avoid the pitfalls of the past by avoiding resistance,…
Seed ·
$370k
O
Toronto, Canada · Biotechnology
Ontario Genomics is a non-profit organization that supports the development and application of genomics and…
Series Unknown ·
$5.1M
R
Vancouver, Canada · Biotechnology
Restart Life Science is a research and development-driven company that is focused on investigating the…
Series Unknown ·
$70k
K
Winnipeg, Canada · Biotechnology
Kane Biotech Inc., a biotechnology company, engages in the research and development of products to prevent…
Series Unknown ·
$850k
T
Toronto, Canada · Biotechnology
Theralase Technologies is a biopharmaceutical company that specializes in creating and selling patented laser…
Series Unknown ·
$3.4M
L
Vancouver, Canada · Biotechnology
Lungpacer Medical is developing a novel therapeutic solution for preserving the integrity and strength of the…
Series Unknown ·
$12M
N
NanoTess Inc.
Calgary, Canada · Biotechnology
NanoTess is a commercializing nanotechnology solution that offers technological innovation solutions to solve…
Series Unknown ·
Undisclosed
A
Toronto, Canada · Biotechnology
Alpha computing Corp. (Nasdaq: ALP) is an AI computing infrastructure provider that offers hardware-enforced,…
Series Unknown ·
$319M
P
Vancouver, Canada · Biotechnology
PreveCeutical a medicine or other treatment designed to stop disease or ill health from occurring; “Ceutical”…
Series Unknown ·
$730k
A
Richmond, Canada · Biotechnology
Applied Biological Materials provides research reagents and custom services at low prices. It began operation…
Series Unknown ·
$370k
T
Vancouver, Canada · Biotechnology
Tydra Labs is a biotechnology company that transforms crustacean shell waste into chitin and bio-products.
Pre-Seed ·
$1.2M
M
Calgary, Canada · Biotechnology
Marvel Biosciences is a biotech company that provides discovery and the development of a synthetic derivative…
Series Unknown ·
$360k
A
Vancouver, Canada · Biotechnology
Aspect Biosystems is a biotech company that is using its microfluidic 3D bioprinting technology to develop…
Series Unknown ·
$57M
P
Toronto, Canada · Biotechnology
PhenoTips is a computer software company that provides solution for clinical genetics, phenotyping, and human…
Series Unknown ·
Undisclosed
P
Charlottetown, Canada · Biotechnology
At Pegasus Biotech, our goal is to collaborate with clients to introduce innovative advancements to the…
Series Unknown ·
$360k
C
Montréal, Canada · Biotechnology
Congruence Therapeutics functions as a biotechnology firm that utilizes both computational and experimental…
Series Unknown ·
$40M
L
Vancouver, Canada · Biotechnology
Lancaster Resources is an active exploration company that prioritizes the emerging opportunity in the energy…
Series Unknown ·
$590k
X
Burnaby, Canada · Biotechnology
Xenon Pharmaceuticals is a biopharmaceutical organization zeroed in on the improvement of novel drugs through…
Series Unknown ·
$551M
B
Hamilton, Canada · Biotechnology
Block Biosciences is a life‑sciences startup that develops small‑molecule therapeutics aimed at blocking the…
Seed ·
$70k
A
Halifax, Canada · Biotechnology
AGADA Biosciences is an accelerated drug development form. They offer to develop standard operating…
Series Unknown ·
$420k
Z
Vancouver, Canada · Biotechnology
Zymeworks is a biotech company that uses computational methods to improve therapeutic antibodies and other…
Series Unknown ·
$183M
C
Montréal, Canada · Biotechnology
For the Quebec and Canadian markets, Cannara Biotech Inc. (TSXV: LOVE) is a vertically integrated producer of…
Series Unknown ·
$4.6M
E
Vancouver, Canada · Biotechnology
enGene is a developer of a mucosal immunotherapy platform designed to treat inflammatory bowel disease and…
Series Unknown ·
$18M
T
Toronto, Canada · Biotechnology
Telo Genomics, a biotech company that offers telomere platform for biopsies and related technologies in…
Series Unknown ·
$860k
E
Edmonton, Canada · Biotechnology
Entos develops next-generation genetic medicines using their proprietary Fusogenix proteolipid vehicle (PLV)…
Series Unknown ·
Undisclosed
M
Mediphage Bioceuticals
Toronto, Canada · Biotechnology
Mediphage Bioceuticals is a genetic medicine company focused on developing safe, effective, and personalized…
Series Unknown ·
Undisclosed
M
Montréal, Canada · Biotechnology
Morphocell Technologies is a regenerative medicine company focused on the development and commercialization…
Series A ·
$10M
B
Vancouver, Canada · Biotechnology
BioHarvest Sciences creates and markets ViniaTM, a food-based nutraceutical product. Utilizing a pioneering…
Series Unknown ·
$14M
A
Halifax, Canada · Biotechnology
Appili Therapeutics is an anti-infective pharmaceutical development company. Our approach lies in matching…
Series Unknown ·
$530k
G
Toronto, Canada · Biotechnology
Glow LifeTech is a biotechnology company headquartered in Canada that specializes in creating nutraceutical…
Series Unknown ·
$320k
T
Toronto, Canada · Biotechnology
Tailored Genes was established with the purpose of offering personalized viral vector solutions to…
Series Unknown ·
$1.0M
A
Halifax, Canada · Biotechnology
Founded in 2012, we are focused on researching, developing, and commercializing breakthrough medical device…
Series D ·
$35M
R
Toronto, Canada · Biotechnology
Reunion Neuroscience is a pharmaceutical company in the clinical stage that is working on creating treatments…
Series A ·
$133M
T
Laval, Canada · Biotechnology
Thryv Therapeutics Inc., formerly known as LQT Therapeutics Inc., is a privately owned company located in…
Venture - Series Unknown ·
Undisclosed
D
Pointe-claire, Canada · Biotechnology
Devonian is a late stage botanical pharmaceutical corporation with novel therapeutic approaches targeting…
Series Unknown ·
$1.7M
P
Toronto, Canada · Biotechnology
ProMIS Neurosciences is a biotechnology company that focuses on finding and creating targeted treatments and…
Series Unknown ·
$6.7M
D
Laval, Canada · Biotechnology
Harnessing the power of microbe-derived natural solutions to decarbonize the chemicals industry.
Series Unknown ·
$70k
3
Halifax, Canada · Biotechnology
3D BioFibR is a company that specializes in the production of biomaterials. They create high-value bio fibers…
Seed ·
$3.0M
R
Vancouver, Canada · Biotechnology
Rakovina Therapeutics specializes in creating innovative cancer treatments using new technology that targets…
Series Unknown ·
$2.1M
N
Toronto, Canada · Biotechnology
Newtopia is a company that provides personalized health solutions by using personal genetics and engagement…
Series Unknown ·
$1.4M
B
Montreal, Canada · Biotechnology
BetterLife Pharma Inc. is an emerging biotechnology company engaged in the development and commercialization…
Series Unknown ·
$1.1M
C
Cura Therapeutics
Montréal, Canada · Biotechnology
Cura Therapeutics is actively looking to form partnerships and collaborations with pharmaceutical and biotech…
Seed ·
Undisclosed
Z
Vancouver, Canada · Biotechnology
Zucara Therapeutics is developing the first once-daily therapeutic to prevent hypoglycemia (low blood sugar)…
Series B ·
$5.0M
S
Vancouver, Canada · Biotechnology
Sirona Biochem is a biotech firm that focuses on creating treatments for diabetes, cosmetic products for skin…
Series Unknown ·
$2.2M
F
Quebec, Canada · Biotechnology
Feldan Therapeutics has created a patented technology platform called the Feldan Shuttle, which allows for…
Series Unknown ·
Undisclosed
O
Calgary, Canada · Biotechnology
Oncolytics Biotech focuses its research and development efforts on creating the cancer treatment REOLYSIN,…
Series Unknown ·
$20M
S
Montréal, Canada · Biotechnology
Synucure Therapeutics is a Canadian biotech company focused on conducting research into degenerative brain…
Seed ·
$2.8M
A
Moncton, Canada · Biotechnology
Pre-Seed ·
$30k
A
Toronto, Canada · Biotechnology
Augmenta is spurred by the conviction that generative techniques are set up to empower an unrest in the…
Seed ·
$10M
G
Geno10X Biosciences
Vancouver, Canada · Biotechnology
Series Unknown ·
Undisclosed
A
Toronto, Canada · Biotechnology
Series Unknown ·
$240k
T
Vancouver, Canada · Biotechnology
Series Unknown ·
$240k
H
Surrey, Canada · Biotechnology
HealthTech Connex Inc. is situated in the Health and Technology District and specializes in brain technology.…
Series Unknown ·
$3.8M
A
Montréal, Canada · Biotechnology
Avitia uses advanced molecular testing solutions to enhance cancer treatment. They provide on-site testing…
Seed ·
$5.0M
S
Syantra
Calgary, Canada · Biotechnology
Syantra is a precise biotechnology company that is revolutionizing the way cancer detection and treatment is…
Series Unknown ·
Undisclosed
P
Toronto, Canada · Biotechnology
Paradox Immunotherapeutics is a pharmaceutical company focused on creating treatments for individuals with…
Series Unknown ·
$10M
B
Vancouver, Canada · Biotechnology
Burcon NutraScience Corporation, together with its subsidiary, develops plant proteins and ingredients for…
Series Unknown ·
$6.6M
M
Kelowna, Canada · Biotechnology
MYND Life Science Inc. is a life sciences company focussed on improving mental health.
Series Unknown ·
$1.6M
E
Toronto, Canada · Biotechnology
Enhanced Medical Nutrition creates medical food products designed to assist patients in improving their…
Series A ·
$5.0M
H
Aurora, Canada · Biotechnology
Helix BioPharma is a biopharmaceutical company specializing in cancer therapy. The company is working on…
Series Unknown ·
$2.1M
Z
Calgary, Canada · Biotechnology
Zamplo is a digital health platform that aims to improve evidence-based research and empower individuals to…
Seed ·
$150k
P
Toronto, Canada · Biotechnology
Psyence Biomedical is a life science biotechnology company that focuses on advancement of psychedelic…
Series Unknown ·
$1.4M
B
Vancouver, Canada · Biotechnology
Borealis Biosciences is a company in the field of next-generation RNA medicines, specializing in molecular…
Series A ·
$30M
A
Toronto, Canada · Biotechnology
Awakn Life Sciences is a biotechnology company with clinical operations that develops and delivers…
Series Unknown ·
$540k
A
Quebec, Canada · Biotechnology
Aramis Biotechnologies is a company that focuses on developing innovative vaccines using plants as…
Series Unknown ·
$40M
Q
Cobourg, Canada · Biotechnology
Quantum Biopharma's management’s mission is to transform the facility into the largest hydroponic indoor…
Series Unknown ·
$3.6M
Y
Ottawa, Canada · Biotechnology
Yellowbird Diagnostics, Inc. specializes in biomedical imaging solutions across commonly used clinical…
Series Unknown ·
Undisclosed
K
Laval-ouest, Canada · Biotechnology
KisoJi Biotechnology is an early-stage biotechnology company developing antibodies for the treatment of…
Series B ·
$41M
N
NEXT Integrative Minds Life Sciences Ltd.
Toronto, Canada · Biotechnology
Our Neuro-literacy-based Training Programs™ are evidence-based non-clinical performance solutions. They…
Series A ·
Undisclosed
M
Toronto, Canada · Biotechnology
Materia is your trusted partner in driving innovation and unlocking the full potential of sustainable product…
Series Unknown ·
$30k
A
Vancouver, Canada · Biotechnology
Alpha Cognition is a clinical stage, biopharmaceutical company dedicated to developing novel treatments for…
Series Unknown ·
$36M
D
Toronto, Canada · Biotechnology
DRI Healthcare is a pioneer in global pharmaceutical royalty monetization. Over the course of three decades,…
Series Unknown ·
$632M
O
Vancouver, Canada · Biotechnology
Ondine Biomedical Inc., previously known as Ondine Biopharma Corporation, is committed to developing…
Series Unknown ·
$12M
N
Montréal, Canada · Biotechnology
NeuroTracker is a Montreal-based neurotech company owned by Nothing Artificial, specializing in assessing and…
Series Unknown ·
$2.0M
A
Vancouver, Canada · Biotechnology
Alpha-9 Theranostics is a clinical stage, radiopharmaceutical company developing differentiated and highly…
Series C ·
$175M
A
Richmond, Canada · Biotechnology
ARC Medical Inc. is committed to improving the quality of life for people who have undergone surgery by…
Series Unknown ·
$300k
V
Ottawa, Canada · Biotechnology
Cell and gene therapies, as well as viral vaccines, need higher production yields—and that's where we excel.…
Series Unknown ·
Undisclosed
P
Toronto, Canada · Biotechnology
Psyence (PSYG) is a clinical-stage life science biotechnology company pioneering the use of natural…
Series Unknown ·
$1.0M
A
Victoria, Canada · Biotechnology
Asep Medical Holdings Inc. (asepmedical.com) is dedicated to addressing the global issue of antibiotic…
Series Unknown ·
$990k
S
Toronto, Canada · Biotechnology
Synex Medical is working on creating a non-invasive blood testing technology that will allow users to track…
Series A ·
$22M

91 more funded startups

191 startups · 100 visible Unlock with FundedIQ

This page shows the 100 most recent rounds (back to Sep 2024). The full 191-company history for this listing opens on a FundedIQ plan.

Company
Location
Round
Amount

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Where are funded Biotechnology startups located in Canada?

Where funded Biotechnology startups in Canada are based, by the city on the company record.

City
Funded startups

Funded Biotechnology startups in Canada by province

The provinces with the most funded startups on record.

Funding stages of funded Biotechnology startups in Canada

How the last 24 months of funding rounds for funded Biotechnology startups in Canada break down by stage.

A further 117 rounds in this period were announced without a stage label and are not ranked above.

About the FundedIQ Biotechnology startup funding data in Canada

FundedIQ tracks announced startup funding rounds and organises them by company, funding date, stage, amount, industry, location and investor. The dataset is refreshed weekly, and new rounds are normalised and de-duplicated before they are published, so the same round reported twice on different dates is recorded once.

Figures on this page cover the 191 funded Biotechnology startups in Canada currently tracked. Round counts, capital totals and the median round are computed over a trailing 24 months. Rounds whose amount was not disclosed (18 of 147 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded Biotechnology startups in Canada is dated Jun 2026.

The table above shows the 100 most recently funded companies. Full funding histories, investor lists and founder contacts across the whole dataset open on a FundedIQ plan.

Frequently asked questions

How many funded Biotechnology startups are there in Canada?

FundedIQ tracks 191 funded Biotechnology startups in Canada. This page lists the 100 most recently funded of them, ordered by the date of their latest round, and the full set is available on a FundedIQ plan.

How much funding have Biotechnology startups in Canada raised?

Biotechnology startups in Canada tracked by FundedIQ have raised $3.0B in disclosed capital across 147 funding rounds over the last 24 months, including 67 rounds in the last 12 months. 129 of those 147 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.

Which cities have the most funded Biotechnology startups in Canada?

Toronto leads with 50 companies, then Vancouver (35), Montréal (17) and Calgary (10).

What is a typical funding round size for Biotechnology startups in Canada?

The median disclosed round over the last 24 months is $1.7M, and the middle half of rounds fall between $530K and $10M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.

What is the most common funding stage for Biotechnology startups in Canada?

Seed is the most common labelled stage, with 13 rounds in the last 24 months, ahead of Series A (7) and Series B (6). A further 117 rounds were announced without a stage label and are not counted here.

How often is the Biotechnology startup funding data in Canada updated?

The dataset is refreshed weekly. New rounds are normalised and de-duplicated before they are published, and the most recent round currently on record for funded Biotechnology startups in Canada is dated Jun 2026. Counts and totals on this page are recomputed on every refresh.

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