Funded Startups in Burnaby
In the 11 Burnaby-area funding entries shown (sorted by round date descending), Xenon Pharmaceuticals’ $551M round on 2026-03-10 is a major disclosed outli…
In the 11 Burnaby-area funding entries shown (sorted by round date descending), Xenon Pharmaceuticals’ $551M round on 2026-03-10 is a major disclosed outlier: it is far above the next-largest disclosed amounts ($150M for D-Wave Systems on 2025-01-23, and $50M for Svante on 2024-08-15), while several other entries sit in the sub-$10M range such as Loop Energy’s $8M (2022-05-02) and pH7’s $8M (2026-04-13). Sector coverage is also uneven: Energy appears in 4 entries (Stardust Solar Energy $2M on 2026-05-13; pH7 $8M on 2026-04-13; Svante $50M on 2024-08-15; and Svante is Energy again on 2024-08-15), alongside Natural Resources in 2 (Salish Sea Indigenous Guardians Association $660K on 2026-05-11; MAX Power Mining $15M on 2026-03-09) and other singletons.
Temporally, the most recent year concentrates heavily in 2026: 7 of 11 rounds are dated in 2026, spanning from 2026-06-17 (Swiss Water $5M) back to 2026-03-09 (MAX Power Mining $15M). At the same time, stage labels are mostly non-specific in this slice: 9 of 11 rows are marked “Series Unknown,” with just one “Private Equity” entry (123Dentist on 2022-07-12, amount undisclosed) and one “Grant” entry (Loop Energy $8M on 2022-05-02).
Most recent rounds
11 shownRelated listings
Frequently asked
What does the largest disclosed Burnaby round look like relative to the rest of the list?
Xenon Pharmaceuticals’ $551M (2026-03-10) dwarfs the next-largest disclosed amounts, including D-Wave Systems’ $150M (2025-01-23) and Svante’s $50M (2024-08-15). Several other disclosed rounds cluster much lower, such as pH7’s $8M (2026-04-13) and Loop Energy’s $8M (2022-05-02).
Are there any tight time clusters among the most recent rounds?
Yes. In 2026, 7 of 11 entries are dated between 2026-03-09 (MAX Power Mining $15M) and 2026-06-17 (Swiss Water $5M), with multiple rounds in March 2026 including Xenon Pharmaceuticals $551M (2026-03-10), MAX Power Mining $15M (2026-03-09), and pH7 $8M (2026-04-13 just after that window).
Which sectors are over-represented in this Burnaby slice?
Energy is the only sector repeated 3+ times, appearing 4 times in the 11-row view: Stardust Solar Energy (Energy, $2M on 2026-05-13), pH7 (Energy, $8M on 2026-04-13), Svante (Energy, $50M on 2024-08-15), and Greenlight Innovation (Energy, $800K on 2023-11-17). All other sectors shown appear 1–2 times (e.g., Natural Resources: Salish Sea Indigenous Guardians Association $660K on 2026-05-11 and MAX Power Mining $15M on 2026-03-09).
What stage mix dominates these entries, and how often are amounts undisclosed?
Non-specific stage labeling dominates: 9 of 11 entries are “Series Unknown.” Only one row is “Private Equity” (123Dentist on 2022-07-12) and its amount is undisclosed, while the remaining “Grant” appears once (Loop Energy $8M on 2022-05-02).
Are there outliers besides the largest disclosed amount?
Yes. The smallest disclosed amount is Salish Sea Indigenous Guardians Association’s $660K (2026-05-11), which is far below even the next-lowest disclosed amounts like Greenlight Innovation’s $800K (2023-11-17). Also, 123Dentist (2022-07-12) is an outlier for disclosure: it is “Private Equity” with an undisclosed amount, unlike the other rows that show disclosed dollar figures.
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