FundedIQ

Funded Hardware Startups in Montreal

Hardware funding rounds in Montreal show one clear size outlier: eStruxture’s $127M (2023-01-18) dwarfs the next-largest disclosed amount, which is Kinova…

Hardware funding rounds in Montreal show one clear size outlier: eStruxture’s $127M (2023-01-18) dwarfs the next-largest disclosed amount, which is Kinova Robotics’ $32M (2022-02-09). The remaining disclosed rounds cluster mostly between $3M and $23M, including Mechasys’ $23M (2025-08-26), and several $3M–$4M checks (PreVu3D $3M on 2020-06-18, Latys $3M on 2023-02-07, Connektica $4M on 2025-04-08, Siyata Mobile $4M on 2024-08-14, and Haply $4M on 2023-03-21). Temporally, the 11 rows span 2020-06-18 through 2025-08-26, with a dense mid-window where 2023 accounts for five entries (2023-01-18 through 2023-10-11). Geographic naming is consistently Montreal (10 of 11), with one spelling variant noted as “Montréal” among the same city in the data.

Stage labels are also skewed: six of the 11 rows are explicitly “Series Unknown,” and one is marked “undisclosed” (Félix & Paul Studios on 2024-02-13). Disclosed “Seed” and “Series A” appear multiple times—Seed for Haply ($4M, 2023-03-21) and Latys ($3M, 2023-02-07), and Series A for Mechasys ($23M, 2025-08-26), Stathera ($11M, 2023-05-18).

Most recent rounds

11 shown

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Frequently asked

What’s the largest disclosed Montreal hardware round here, and how does it compare to the rest?

The largest disclosed amount is eStruxture’s $127M on 2023-01-18, which is far above the next-largest disclosed round at $32M (Kinova Robotics on 2022-02-09). After that, most disclosed checks sit in a $3M–$23M band, including Mechasys’ $23M (2025-08-26) and multiple $3M–$4M rounds (e.g., Latys $3M on 2023-02-07; Connektica $4M on 2025-04-08).

Do the rounds cluster in a particular time window, or are they spread evenly?

They’re concentrated in the middle of the displayed period: 2023 contains five entries (2023-01-18 through 2023-10-11), including eStruxture ($127M) and Stathera ($11M). The earliest row shown is PreVu3D on 2020-06-18 ($3M), while the most recent is Mechasys on 2025-08-26 ($23M).

Which stage classifications dominate, and how much of the list is non-specific?

“Series Unknown” appears in six of the 11 rows (e.g., Connektica on 2025-04-08 for $4M, Siyata Mobile on 2024-08-14 for $4M, and Haply is Seed on 2023-03-21 but multiple others are unknown). One additional row is explicitly “undisclosed” (Félix & Paul Studios on 2024-02-13), leaving fewer entries with explicit stage labels such as Seed (Haply $4M, 2023-03-21; Latys $3M, 2023-02-07) and Series A (Mechasys $23M, 2025-08-26; Stathera $11M, 2023-05-18).

Are there any city/geography patterns or naming inconsistencies within Montreal?

Geography is consistently Montreal: 10 of 11 entries list “Montreal”/“Montréal” with the rest following the same city, including Mechasys (Montreal, Quebec) on 2025-08-26 and eStruxture (Montréal) on 2023-01-18. The main difference is formatting/spelling (“Montréal” vs “Montreal”), not another city in the data.

Are there smaller-price outliers relative to the lowest disclosed round?

The smallest disclosed amount is $3M, appearing in two places: Latys on 2023-02-07 and PreVu3D on 2020-06-18. Several other disclosed amounts sit just above that floor, including $4M rounds for Connektica (2025-04-08), Siyata Mobile (2024-08-14), and Haply (2023-03-21), suggesting a lower-end cluster distinct from the much larger $10M+ rounds like HaiLa ($10M on 2023-10-11) and Stathera ($11M on 2023-05-18).

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