Funded Consumer Electronics Startups in Canada
Across the 50 most recent consumer electronics financings shown, the largest disclosed round is D-Wave Systems’ $150M (2025-01-23), which sits far above th…
Across the 50 most recent consumer electronics financings shown, the largest disclosed round is D-Wave Systems’ $150M (2025-01-23), which sits far above the next-largest disclosed amounts (including Silfab Solar’s $125M on 2023-03-08 and e2ip technologies’ $120M on 2023-04-26). Most other disclosed rounds cluster at much smaller ticket sizes, with several entries in the single-digit millions (e.g., Field Effect Software $3M on 2025-09-30; Nanalysis $2M on 2025-06-06).
The list also concentrates temporally and geographically: 14 companies have round dates in 2025 alone (from 2025-10-19 CoLab Software through 2025-01-23 D-Wave Systems), and Toronto appears repeatedly across multiple years (e.g., POET Technologies $25M on 2025-07-07; Mysa $8M on 2024-10-02; VueReal $11M on 2023-03-27). Stage disclosure is heavily incomplete: 35 of 50 rows are labeled “Series Unknown,” and another 9 rows list “undisclosed” round amounts.
Most recent rounds
50 shownRelated listings
Frequently asked
What does the size distribution look like, and is any single disclosed round clearly an outlier?
D-Wave Systems’ $150M on 2025-01-23 is the only disclosed round above $125M in this view, dwarfing the next-largest disclosed amounts such as Silfab Solar’s $125M (2023-03-08) and e2ip technologies’ $120M (2023-04-26). Several other disclosed rounds are far smaller, like Mogile Technologies’ $680K (2025-08-13) and Avalon Holographics’ $100K (2023-09-06).
Do the most recent rounds cluster into a narrow time window?
Yes. Fourteen of the 50 rows have 2025 round dates, spanning from CoLab Software on 2025-10-19 to D-Wave Systems on 2025-01-23, with repeated activity in mid-2025 (e.g., POET Technologies $25M on 2025-07-07; Nanalysis $2M on 2025-06-06; AXIBO $9M on 2025-04-23).
Which cities show up repeatedly, suggesting local concentration rather than a flat distribution?
Toronto recurs across different years with multiple disclosed rounds, including POET Technologies $25M (2025-07-07), Forcen $2M (2025-03-04), VueReal $11M (2023-03-27), and Rose Rocket $38M (2023-06-20). Other repeated metro areas include Vancouver, B.C. (e.g., Spexi $12M on 2024-12-04 and HyperCharge Networks $730K on 2025-03-14).
How complete is stage and amount disclosure in this dataset, and what does that imply for deal interpretation?
Stage labels are incomplete: 35 of 50 rows show “Series Unknown.” Amount disclosure is also uneven, with 9 rows marked “undisclosed” (e.g., CyberQP on 2025-06-05; Levven Electronics on 2025-05-27; Devocean on 2023-03-08), so comparisons of “largest” and “smallest” only apply to disclosed amounts.
Are there notably small disclosed rounds that stand apart from the rest?
The smallest disclosed amount shown is Cyberworks Robotics at $10K (2022-12-16). Several other very small disclosed rounds are also present, such as Avalon Holographics $100K (2023-09-06) and SubC Imaging $40K (2023-04-03), but $10K sits at the floor of disclosed values.
Know which startups just got funded. Every week.
Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.
Free. Sent every Monday. Unsubscribe anytime.