FundedIQ

Recently Funded Startups in Newfoundland

Updated Oct 2026

FundedIQ tracks 25 funded startups in Newfoundland, with their funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the startup funding landscape in Newfoundland, along with the 25 most recently funded startups there.

Startups in Newfoundland closed 14 funding rounds over the last 24 months, 10 of them in the last 12 months, and raised $377M in disclosed capital. The median disclosed round is $1.0M, with the middle half of rounds falling between $170K and $7.2M. Consumer Electronics, Data and Analytics and Energy hold the most companies by sector. St. John's and Clarenville hold the deepest concentrations of funded startups in Newfoundland.

St. John's anchors a market where Series B rounds dominate. Local venture capital firms drive these checks, creating a concentrated pool of influence. Approaching these companies means dealing with a tight circle of institutional backers who favor established growth over seed stage experiments. This concentration simplifies the path to decision makers who share similar risk profiles.

Newfoundland funded startup statistics

Funded startups in Newfoundland
25
tracked in the database
Funding rounds, last 12 months
10
14 over 24 months
Disclosed capital raised, 24 months
$377M
13 of 14 rounds disclosed an amount
Median round size
$1.0M
middle half $170K to $7.2M

Most recent funding round on record: May 2026.

25 most recently funded startups in Newfoundland

25 shown

Ordered by the date of the latest funding round. Each row gives the company, its location and industry, what it does, the stage and date of that round, and the disclosed amount.

A
St. John's, Canada · Energy
Atlas Salt is a salt mining company that produces gypsum mines, nepheline discoveries, and renewable energy…
Series Unknown ·
$910k
A
St. John's, Canada · Data and Analytics
AbbaTek Group is on a mission to transform the way environmental data is collected, analyzed, and shared in…
Series Unknown ·
$10k
S
Saint John's, Canada · Energy
Saint John Energy is a utility company that provides electrical products, renewable energy, rental, smart…
Series Unknown ·
$7.2M
C
St. John's, Canada · Consumer Electronics
CoLab is a cloud-based design review and issue-tracking application developed to help manufacturing teams…
Series Unknown ·
$1.0M
K
St. John's, Canada · Government and Military
Kraken Robotics is a marine technology company engaged in the design, development, and marketing of advanced…
Series Unknown ·
$294M
Q
St. John's, Canada · Food and Beverage
Quidi Vidi Brewery produces a variety of handcrafted beers, kegs, and growlers, as well as merchandise.
Series Unknown ·
$50k
T
St. John's, Canada · Information Technology
trophi.ai offers e-sports coaching services that aim to level the playing field by providing coaching…
Series Unknown ·
$700k
F
St. John's, Canada · Information Technology
Founded in 2012, Focus FS has quickly become a leading provider of advanced technology systems to a wide…
Series Unknown ·
$3.6M
A
St. John's, Canada · Artificial Intelligence (AI)
We are creating groundbreaking AI technology for marine vessel design teams. In essence, we utilize AI agents…
Series Unknown ·
$170k
A
St. John's, Canada · Artificial Intelligence (AI)
We blend Agentic AI, legacy data, and complex engineering workflows to bring risk-managed AI solutions to…
Series Unknown ·
$50k
Q
Quadrangle
Paradise, Canada · Community and Lifestyle
Quadrangle is a nonprofit group dedicated to establishing a community hub where LGBTQIA+ individuals can…
Series Unknown ·
Undisclosed
M
St. John's, Canada · Consumer Electronics
Mysa designs, builds, and sells smart thermostats for electric heating and cooling systems. Using the Mysa…
Series B ·
$8.2M
F
St. John's, Canada · Community and Lifestyle
First Light is a non-profit that offers programs and services focusing on Indigenous cultures and languages.
·
$420k
S
St. John's, Canada · Data and Analytics
The SiftMed AI platform offers a highly efficient method for reviewing and analyzing medical data that is not…
Series Unknown ·
Undisclosed
A
St. John's, Canada · Consumer Electronics
Avalon Holographics is engaged in the creation of holographic displays suitable for both commercial and…
Series Unknown ·
$100k
N
North Star Payroll
St. John's, Canada · Financial Services
North Star Payroll offers a software solution that streamlines payroll processing and provides customized…
Series Unknown ·
Undisclosed
N
Nucliq Biologics
St. John's, Canada · Health Care
Nucliq Biologics will provide a simplified gut health report with detailed information about personalized…
Series Unknown ·
Undisclosed
N
St. John's, Canada · Consumer Electronics
Notus Electronics is a manufacturing company that develops advanced wireless net monitoring, gear finding,…
Series Unknown ·
$100k
S
Clarenville, Canada · Consumer Electronics
SubC Imaging is devoted to developing innovative and dependable remedies for challenging predicaments that…
Series Unknown ·
$40k
A
St. John's, Canada · Energy
Altius Renewable Royalties is a royalty company that enables growth in wind and solar energy for a low carbon…
Series Unknown ·
$26M
G
Granville Biomedical
St. John's, Canada · Health Care
Granville Biomedical is a health tech company, specializing in the design of anatomical models to enhance…
Non-equity Assistance ·
Undisclosed
H
HYKE
St. John's, Canada · Data and Analytics
Hyke is a pioneer of transparency and a leader in consumer-centric data analytics. HYKE's mission is to…
Non-equity Assistance ·
Undisclosed
O
St. John's, Canada · Commerce and Shopping
Oliver POS is a revolutionary Point of Sale system for WooCommerce. Built especially for physical shops,…
Non-equity Assistance ·
Undisclosed
T
Txtsquad
St. John's, Canada · Data and Analytics
TxtSquad helps your team improve sales and service through team based texting with customers. Our easy to use…
Non-equity Assistance ·
Undisclosed
B
St. John's, Canada · Health Care
BreatheSuite allow patients to use their inhaler properly without the need for separate training devices. The…
Seed ·
$900k

Industries with the most funded startups in Newfoundland

Sector counts across all 25 tracked companies in Newfoundland. A company assigned more than one industry is counted in each.

Where are funded startups located in Newfoundland?

Where funded startups in Newfoundland are based, by the city on the company record.

City
Funded startups
Clarenville
1
Paradise
1
Saint John's
1

About the FundedIQ Newfoundland startup funding data

FundedIQ tracks announced startup funding rounds and organises them by company, funding date, stage, amount, industry, location and investor. The dataset is refreshed weekly, and new rounds are normalised and de-duplicated before they are published, so the same round reported twice on different dates is recorded once.

Figures on this page cover the 25 funded startups in Newfoundland currently tracked. Round counts, capital totals and the median round are computed over a trailing 24 months. Rounds whose amount was not disclosed (1 of 14 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded startups in Newfoundland is dated May 2026.

The table above shows the 25 most recently funded companies. Full funding histories, investor lists and founder contacts across the whole dataset open on a FundedIQ plan.

Frequently asked questions

How many funded startups are there in Newfoundland?

FundedIQ tracks 25 funded startups in Newfoundland. This page lists the 25 most recently funded of them, ordered by the date of their latest round, and the full set is available on a FundedIQ plan.

How much funding have startups in Newfoundland raised?

Startups in Newfoundland tracked by FundedIQ have raised $377M in disclosed capital across 14 funding rounds over the last 24 months, including 10 rounds in the last 12 months. 13 of those 14 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.

What industries have the most funded startups in Newfoundland?

Consumer Electronics has the most, with 5 companies, followed by Data and Analytics (4), Energy (3) and Health Care (3). Sector counts include every company assigned that industry, and a company can carry more than one.

Which cities have the most funded startups in Newfoundland?

St. John's leads with 22 companies, then Clarenville (1), Paradise (1) and Saint John's (1).

What is a typical funding round size for startups in Newfoundland?

The median disclosed round over the last 24 months is $1.0M, and the middle half of rounds fall between $170K and $7.2M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.

How often is the Newfoundland startup funding data updated?

The dataset is refreshed weekly. New rounds are normalised and de-duplicated before they are published, and the most recent round currently on record for funded startups in Newfoundland is dated May 2026. Counts and totals on this page are recomputed on every refresh.

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