FundedIQ

Funded Startups in Guelph

The nine most recent funded entries in Guelph span from 2021-06-22 (Quarter4, $2M) to 2026-05-15 (Canadian Food Innovation Network, $2M).

The nine most recent funded entries in Guelph span from 2021-06-22 (Quarter4, $2M) to 2026-05-15 (Canadian Food Innovation Network, $2M). Disclosed deal sizes show a clear outlier: Goodleaf Farms’ $78M round (2023-05-17) sits far above the rest of the disclosed amounts, with the next-largest being AXIBO at $9M (2025-04-23), and several other disclosed rounds clustered under $4M (e.g., Friendlier $4M on 2023-12-12; eQcell $850K on 2022-08-02). Sector and stage signals also concentrate: Agriculture and Farming appears in three entries (Bioenterprise Canada, Goodleaf Farms, both in Guelph; plus Goodleaf Farms’ $78M on 2023-05-17), while “Series Unknown” dominates five of the nine rows and another two rows are explicitly “undisclosed.” By stage naming, only two entries specify Seed (Friendlier, $4M on 2023-12-12) and one specifies Venture – Series Unknown (eQcell, $850K on 2022-08-02). Recent activity is clustered in 2026–2025, with two entries in 2026 (including Bioenterprise Canada with undisclosed terms) and multiple disclosed amounts in 2025 (Current Water Technologies $160K on 2025-05-26; AXIBO $9M on 2025-04-23).

Most recent rounds

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Frequently asked

Which disclosed round is the outlier in this Guelph list, and how does it compare to the rest of the disclosed amounts?

Goodleaf Farms is the standout: $78M on 2023-05-17. That dwarfs the next-largest disclosed amount, AXIBO’s $9M on 2025-04-23, and most other disclosed rounds here (e.g., Friendlier $4M on 2023-12-12; eQcell $850K on 2022-08-02).

How much of the list is concentrated in the most recent year (roughly 2025–2026)?

Four of the nine entries fall in 2025–2026: Canadian Food Innovation Network ($2M on 2026-05-15), Bioenterprise Canada (undisclosed on 2026-05-08), Current Water Technologies ($160K on 2025-05-26), and AXIBO ($9M on 2025-04-23). The other five entries are earlier (2024-12-05 through 2021-06-22).

Are “Series Unknown” or “undisclosed” terms common across these Guelph rounds?

Yes. Five of nine rows list “Series Unknown” (e.g., Canadian Food Innovation Network $2M on 2026-05-15; AXIBO $9M on 2025-04-23), and two rows are explicitly “undisclosed” (Bioenterprise Canada on 2026-05-08; Hydra-Slide on 2024-12-05). Only a few specify a stage label (Seed for Friendlier; Venture – Series Unknown for eQcell).

Does any sector show over-representation in this slice of Guelph funding?

Agriculture and Farming appears in three of nine entries: Bioenterprise Canada (2026-05-08, undisclosed), Goodleaf Farms (2023-05-17, $78M), and Goodleaf Farms’ same sector classification. Other sectors in the list typically appear once (e.g., Artificial Intelligence for Quarter4, $2M on 2021-06-22; Biotechnology for eQcell, $850K on 2022-08-02).

Which stage naming patterns stand out versus the entries that don’t disclose a stage?

Only one row explicitly names a specific stage category beyond “Series Unknown/undisclosed” as Seed: Friendlier on 2023-12-12 with $4M. eQcell is the only row with “Venture – Series Unknown” ($850K on 2022-08-02), while the majority remain “Series Unknown” or “undisclosed” (seven of nine combined).

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