FundedIQ

Funded Gaming Startups in Canada

Disclosed round sizes in Canada’s funded gaming set a clear ceiling: Dapper Labs raised $250M on 2021-09-21, dwarfing the next-largest disclosed amounts of…

Disclosed round sizes in Canada’s funded gaming set a clear ceiling: Dapper Labs raised $250M on 2021-09-21, dwarfing the next-largest disclosed amounts of $40M (Horizon Blockchain Games, 2022-10-04) and $30M (NorthStar Gaming, 2025-01-27). Below that top bracket, many disclosed rounds cluster around single-digit to low tens of millions, while several recent entries list undisclosed or missing amounts.

The 21 rounds shown span from 2020-11-10 (Battlefy) through 2025-01-27 (NorthStar Gaming). City-level geography is concentrated in Ontario and British Columbia: Toronto appears repeatedly (NorthStar Gaming 2025-01-27 $30M; PopReach 2024-11-22 $1M; Odyssey Interactive 2022-10-21 $19M; Horizon Blockchain Games 2022-10-04 $40M; Uken Games 2022-08-17 undisclosed; Meta4 Interactive 2022-08-17 undisclosed), while Vancouver/British Columbia also recurs (NexGami is Vancouver 2024-05-30 $3M; Dapper Labs 2021-09-21 $250M; Blinkmoon 2023-01-10 undisclosed; Dapper Labs’ $250M is the biggest disclosed outlier on the list). Stage labels are mixed and partially opaque: five of 21 rows carry “undisclosed” or blank amounts, and five of 21 rows use “Series Unknown.”

Most recent rounds

21 shown
N
NorthStar Gaming
Toronto, Canada · Gaming
Series Unknown · Jan 2025
$30M
P
PopReach
Toronto, Canada · Gaming
Series Unknown · Nov 2024
$1.1M
N
NexGami
Vancouver, Canada · Gaming
Seed · May 2024
$2.5M
S
Sinn Studio Inc.
Toronto, Canada · Gaming
Seed · May 2024
$2.5M
M
MetalCore
Moncton, Canada · Gaming
· Mar 2024
$3.7M
S
Squido Studio
Montréal, Canada · Gaming
Series Unknown · Nov 2023
$1.1M
L
Lighthouse Games
Leamington, Canada · Gaming
Seed · Jul 2023
Undisclosed
M
Mino Games
Montréal, Canada · Gaming
Series B · Feb 2023
$15M
B
Blinkmoon
Vancouver, Canada · Gaming
Pre-Seed · Jan 2023
Undisclosed
O
Odyssey Interactive
Waterloo, Canada · Gaming
Series A · Oct 2022
$19M
H
Horizon Blockchain Games
Toronto, Canada · Gaming
Series A · Oct 2022
$40M
M
Meta4 Interactive
Montréal, Canada · Gaming
Grant · Aug 2022
Undisclosed
U
Uken Games
Toronto, Canada · Gaming
Grant · Aug 2022
Undisclosed
C
Codename Entertainment
Victoria, Canada · Gaming
Grant · Jul 2022
$1.4M
F
Frima
Quebec, Canada · Gaming
Venture - Series Unknown · Jul 2022
Undisclosed
W
Wondr Gaming
Toronto, Canada · Gaming
Post-IPO Equity · Feb 2022
$2.9M
E
Enthusiast Gaming
Toronto, Canada · Gaming
Post-IPO Equity · Jan 2022
$800k
H
Hidden Bands
Victoria, Canada · Gaming
Seed · Oct 2021
$100k
D
Dapper Labs
Vancouver, Canada · Gaming
Series D · Sep 2021
$250M
T
TGS Esports
Richmond, Canada · Gaming
Seed · Aug 2021
$100k
B
Battlefy
Vancouver, Canada · Gaming
· Nov 2020
$4.6M

Related listings

Frequently asked

What’s the largest disclosed round in this Canada gaming set, and how does it compare to the rest of the disclosed amounts?

The largest disclosed amount is Dapper Labs’ $250M on 2021-09-21, which dwarfs the next-largest disclosed amounts: $40M (Horizon Blockchain Games, 2022-10-04) and $30M (NorthStar Gaming, 2025-01-27). Most other disclosed entries sit well below $20M (for example, Odyssey Interactive at $19M on 2022-10-21).

Are there any short temporal clusters among the most recent rounds?

Yes. In 2024, multiple rounds land close together: NorthStar Gaming ($30M) on 2025-01-27 is the most recent, but in 2024 alone there are consecutive entries for PopReach ($1M) on 2024-11-22, NexGami ($3M) on 2024-05-30, and Sinn Studio Inc. ($3M) on 2024-05-22. In 2023, the list also clusters around mid-year and late-year entries, such as Squido Studio ($1M) on 2023-11-14 and Lighthouse Games (undisclosed) on 2023-07-05.

Which cities are over-represented compared with other geographies in these 21 rows?

Toronto is the most frequent city in the shown rows: NorthStar Gaming (Toronto, 2025-01-27, $30M), PopReach (Toronto, 2024-11-22, $1M), Odyssey Interactive (Toronto, 2022-10-21, $19M), Horizon Blockchain Games (Toronto, 2022-10-04, $40M), Uken Games (Toronto, 2022-08-17, undisclosed), and Meta4 Interactive (listed as Montréal, but Uken and others reinforce Toronto’s concentration). British Columbia also recurs through Vancouver and broader BC: NexGami (Vancouver, 2024-05-30, $3M), Blinkmoon (Vancouver, 2023-01-10, undisclosed), and Dapper Labs (Vancouver, 2021-09-21, $250M).

How much of this dataset has undisclosed or missing amounts versus disclosed deal sizes?

Five of 21 rows do not provide a numeric disclosed amount: Lighthouse Games (undisclosed, 2023-07-05), Blinkmoon (undisclosed, 2023-01-10), Meta4 Interactive (undisclosed, 2022-08-17), Uken Games (undisclosed, 2022-08-17), and Frima (undisclosed, 2022-07-01). In addition, MetalCore (2024-03-12) shows a numeric $4M but blank stage classification, while several entries use “Series Unknown” for the round type.

Is the stage mix dominated by particular labels, or are labels often opaque?

Stage information is often opaque in this slice: five of 21 rows list “Series Unknown” (NorthStar Gaming 2025-01-27 $30M; PopReach 2024-11-22 $1M; Squido Studio 2023-11-14 $1M; MetalCore 2024-03-12 $4M; Frima 2022-07-01 undisclosed). When stage labels are specific, they range across Seed (e.g., NexGami 2024-05-30 $3M; Sinn Studio Inc. 2024-05-22 $3M), Series A (Odyssey Interactive 2022-10-21 $19M; Horizon Blockchain Games 2022-10-04 $40M), and later-stage markers like Series D for Dapper Labs (2021-09-21 $250M).

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