FundedIQ

Funded Science and Engineering Startups in Canada

Across the 13 most recent Canada science and engineering rounds shown, the largest disclosed amount is Anyon Systems at $17M (closed 2025-12-15), which is…

Across the 13 most recent Canada science and engineering rounds shown, the largest disclosed amount is Anyon Systems at $17M (closed 2025-12-15), which is far above most other disclosed rounds in the table. The next-largest disclosed amounts cluster at $7M (Nfinite Nanotech, 2024-05-14) and $6M (Agnostiq, 2023-04-05), while several entries are comparatively small or undisclosed (e.g., Exact Technology on 2023-11-23 is undisclosed; Celerity Craft on 2024-10-16 is $20K).

Timing clusters are visible: three rounds close within a month in late 2025 (Nfinite Nanotechnology $3M on 2025-12-16; Anyon Systems $17M on 2025-12-15; Arcanus Aerial Systems $3M on 2026-03-30 is outside that month but remains the most recent). Geographically, Ontario-based companies dominate the visible set (Toronto, Waterloo, Dorval/Quebec is one exception), and stage labeling is mixed with many “Series Unknown” classifications (5 entries) alongside multiple undisclosed amounts (4 entries). The date window spans 2022-01-05 (Clearford Water Systems, $200K) through 2026-03-30 (Arcanus Aerial Systems, $3M).

Most recent rounds

13 shown

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Frequently asked

Which disclosed round is the size outlier, and what sits just below it?

Anyon Systems’ $17M (2025-12-15) is the largest disclosed amount in the 13-row list, and it dwarfs the next-largest disclosed rounds: Nfinite Nanotech at $7M (2024-05-14) and Agnostiq at $6M (2023-04-05). Several other disclosed rounds are in the sub-$1M range, including Canada Jetlines’ $580K (2023-04-27).

Are the most recent closings clustered in a narrow date window?

Late 2025 shows tight clustering among the top-of-table entries: Nfinite Nanotechnology closed $3M on 2025-12-16 and Anyon Systems closed $17M on 2025-12-15. The overall shown window runs from 2022-01-05 (Clearford Water Systems, $200K) to 2026-03-30 (Arcanus Aerial Systems, $3M), but only those two consecutive December dates are adjacent in the disclosed amounts.

Does this list over-represent any city or province?

Ontario is the clear concentration: Toronto appears for Arcanus Aerial Systems (2026-03-30), Exact Technology (2023-11-23), inMotive (2023-10-20), and Agnostiq (2023-04-05), while Waterloo covers Nfinite Nanotechnology (2025-12-16) and Nfinite Nanotech (2024-05-14). Outside Ontario, British Columbia shows up via Celerity Craft (Squamish, 2024-10-16) and Sonus Microsystems (Vancouver, 2024-02-26), Quebec via Anyon Systems (Dorval, 2025-12-15), and Halifax and Ottawa via OceanSync (2022-08-14) and Clearford Water Systems (2022-01-05).

What does the stage mix look like, and how much is missing?

“Series Unknown” is the most common stage label in the visible rows (5 of 13), and “undisclosed” amounts appear in 4 of 13 entries (Exact Technology, inMotive, Neptune Nanotechnologies, and OceanSync). By contrast, there are fewer clearly labeled stages such as Seed (Agnostiq $6M on 2023-04-05; Nfinite Nanotech $7M on 2024-05-14) and Grant (OceanSync, amount undisclosed, on 2022-08-14).

Are there very small disclosed rounds that stand out from the rest?

Yes: Celerity Craft’s $20K (2024-10-16) is the smallest disclosed amount in the table, and it is followed by a relatively low but still larger $200K debt round for Clearford Water Systems (2022-01-05). Most other disclosed rounds are clustered at $580K (Canada Jetlines, 2023-04-27) and above, with multiple multi-million rounds like Arcanus Aerial Systems’ $3M (2026-03-30) and Nfinite Nanotechnology’s $3M (2025-12-16).

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