FundedIQ

Recently Funded Startups in Toronto

Updated Sep 2026

Funded startups in Toronto number 856 in FundedIQ, tracked with their funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the startup funding landscape in Toronto, along with the 100 most recently funded startups there.

The median disclosed round is $3.5M, with the middle half of rounds falling between $950K and $18M. Artificial Intelligence, Financial Services and Natural Resources hold the most companies by sector. Startups in Toronto closed 515 funding rounds over the last 24 months, 253 of them in the last 12 months, and raised $27B in disclosed capital.

Toronto leans toward early growth stages. Artificial Intelligence and Financial Services dominate the mix, often backed by Khosla Ventures. Small teams characterize the region. This concentration of early stage ventures means a high volume of companies seeking initial scale. Sourcing focuses on seed and series A transitions where technical talent outweighs operational maturity.

Toronto funded startup statistics

Funded startups in Toronto
856
tracked in the database
Funding rounds, last 12 months
253
515 over 24 months
Disclosed capital raised, 24 months
$27B
453 of 515 rounds disclosed an amount
Median round size
$3.5M
middle half $950K to $18M

Most recent funding round on record: Aug 2026. Investors appearing most often across Toronto funding rounds: Khosla Ventures.

100 most recently funded startups in Toronto

100 of 856

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.

V
Toronto, Canada · Artificial Intelligence (AI)
Veeda AI is a physical artificial intelligence company dedicated to building the foundational spatial…
Seed ·
$90M
P
Toronto, Canada · Information Technology, Media and Entertainment, Sports
Peripheral Labs develops a neural rendering platform for sports media.
Seed ·
$8.7M
F
Toronto, Canada · Artificial Intelligence (AI)
Fisent Technologies helps companies leverage the benefits of GenAI technology with its BizAI, an Applied…
Seed ·
$4.3M
L
Toronto, Canada · Information Technology, Security, Software
Legio is a software development company that offers security operations, compliance and risk rolutions.
Seed ·
$5.0M
C
Courtstairs
Toronto, Canada · Legal Tech
Legal tech that makes you informed quickly!
Pre-Seed ·
Undisclosed
T
Toronto, Canada · Financial Services
Plaid for telematics data in commercial trucking. Companies building insurance products and fleet software…
Series A ·
$20M
I
Toronto, Canada · Dental, Health Care, Information Technology
InsideDesk is a solution to prevent revenue leakage, maximize claim collection and enhance the patient…
Series Unknown ·
$13M
L
Looki
Toronto, Canada · Artificial Intelligence (AI)
Looki is building the next generation of human-centric ai platforms - emotionally aware, and deeply embedded…
Series A ·
Undisclosed
S
Toronto, Canada · Self-Storage, Transportation, Warehousing
Storwell Self Storage is a warehousing company that offers self-storage and business storage services.
Series Unknown ·
$1.1M
P
Toronto, Canada · Energy
PowerBank is a renewable energy company that develops, owns, and operates clean energy infrastructure…
Series Unknown ·
$4.2M
N
Toronto, Canada · Natural Resources
NexGold Mining Corp. is a gold-focused exploration and development company with assets in Canada and is…
Series Unknown ·
$7.0M
C
Toronto, Canada · Commerce and Shopping
Innovative Destruction Lab (CDL) is a no-expense/no-value association that conveys a targets based coaching…
Series Unknown ·
$11M
M
Toronto, Canada · Biotechnology
Medicenna is a clinical-stage immunotherapy company focused on oncology and the development and…
Series Unknown ·
$4.4M
T
Toronto, Canada · Advertising
Tulong Tech is focused on industries where cultural intelligence has the highest impact on human outcomes and…
Series Unknown ·
$390k
V
Toronto, Canada · Energy
Volta Energy helps businesses transform into sustainable, cost-effective practices using digital technology.…
Series Unknown ·
$1.1M
W
Toronto, Canada · Consumer Electronics
WearDOXX is a medical device company that develops a wearable sweat-based diagnostic and monitoring solution…
Series Unknown ·
$5.0M
F
Toronto, Canada · Financial Services
Float offers modern financial services, powerful software and industry-leading support designed for every…
Series C ·
$60M
H
Toronto, Canada · Biotechnology
Cybin is a clinical-stage biopharmaceutical company on a mission to create safe and effective…
Series Unknown ·
$50M
I
Toronto, Canada · Gaming
Ionik offers a comprehensive suite of advertising and marketing solutions, focusing on data-driven…
Series Unknown ·
$100M
C
Toronto, Canada · Natural Resources
Caprock Mining is a mineral exploration and mining company that primarily explores gold and other minerals…
Series Unknown ·
$420k
F
Toronto, Canada · Energy
Full Circle Lithium is a company that specializes in processing battery materials and is committed to…
Series Unknown ·
$3.5M
D
Toronto, Canada · Natural Resources
Denarius Metals is a company that is involved in acquiring, exploring, developing, and eventually operating…
Series Unknown ·
$9.0M
D
Toronto, Canada · Energy
dynaCERT is a growing energy sector company that specializes in delivering Carbon Emission Reduction…
Series Unknown ·
$3.5M
J
Toronto, Canada · Community and Lifestyle
June is the foremost complete virtual care platform created to support women at every stage of their health…
Pre-Seed ·
$1.7M
P
Toronto, Canada · Commerce and Shopping
PesoRama is a dollar store retailer that sells a variety of products at a fixed price. Their stores carry a…
Series Unknown ·
$15M
C
Toronto, Canada · Natural Resources
Canstar Resources is a Canadian mineral exploration and development company led by a professional, highly…
Series Unknown ·
$350k
G
Toronto, Canada · Natural Resources
Generation Mining is a company primarily involved in developing zinc and molybdenum projects in Canada. It…
Series Unknown ·
$310M
M
Metrix Group
Toronto, Canada · Data and Analytics
Metrix Group provides learning strategy, analytics, curriculum design, learning program, design and…
Series Unknown ·
Undisclosed
N
Toronto, Canada · Natural Resources
NOA Lithium Brines is a lithium exploration and development firm founded to purchase assets with high…
Series Unknown ·
Undisclosed
G
Toronto, Canada · Natural Resources
Graycliff Exploration is a mineral exploration company.
Series Unknown ·
$2.0M
P
Potentia Renewables
Toronto, Canada · Energy
Potentia Renewables is a renewable energy asset developer and operator that offers renewable energy…
Series Unknown ·
Undisclosed
A
Toronto, Canada · Biotechnology
Avicanna is an organization in the biopharmaceutical sector that concentrates on enhancing medical cannabis…
Series Unknown ·
$430k
K
Kintra
Toronto, Canada · Biotechnology
Kintra is creating an AI-powered biometrics platform for tracking hormones and biomarkers in elite athletes,…
Seed ·
Undisclosed
F
Toronto, Canada · Energy
FuelPositive is a growth-oriented company based in Canada that is dedicated to offering financially viable…
Series Unknown ·
$4.6M
K
Toronto, Canada · Financial Services
KOHO is one seamless platform for your money and life. Founded in 2014, we are a forward-thinking fintech…
Series E ·
$93M
V
Toronto, Canada · Manufacturing
Volta is currently exploring its Falcon West, Root, White Lights, Junior Lake, Wakeman, Kim and Store Lake…
Series Unknown ·
$360k
B
Toronto, Canada · B2B Software, Artificial Intelligence (AI)
Beacon Software is a holding company that specializes in the acquisition of software businesses.
Series C ·
$225M
M
Toronto, Canada · Natural Resources
Maple Gold Mines is a Canada-based gold exploration company engaged in the gold mining sector. It is a…
Series Unknown ·
$2.3M
M
Toronto, Canada · Hardware
Micromem Technologies is a company that employs advanced technology to specialize in utilizing magnetic…
Series Unknown ·
$170k
C
Toronto, Canada · Energy
CSMC is an infrastructure and technology company focused on filling key gaps in future space exploration.
Series Unknown ·
$720k
T
Toronto, Canada · Artificial Intelligence (AI)
Tenet Fintech Group is an innovative Fintech service provider to the Chinese commercial lending sector.
Series Unknown ·
$2.0M
E
Toronto, Canada · Natural Resources
Eskay Mining is a TSX Venture Exchange-listed company headquartered in Toronto, Ontario. Eskay is an…
Series Unknown ·
$2.5M
P
Toronto, Canada · Natural Resources
The goal of Power Nickel, a junior exploration company based in Canada, is to turn the High-Grade Nisk…
Series Unknown ·
$20M
A
Toronto, Canada · Natural Resources
Almonty specializes in acquiring distressed and underperforming operations and assets in tungsten markets.…
Series Unknown ·
$700M
A
Toronto, Canada · Software
Argo is a transit technology and services company that provides an integrated public transportation system,…
Series Unknown ·
$330k
S
Toronto, Canada · Artificial Intelligence (AI)
shuriii is an edtech company that provides personalized platform based on artificial intelligence for…
Pre-Seed ·
$130k
H
Toronto, Canada · Blockchain and Cryptocurrency
Hut 8 Corp. is a cryptocurrency mining and Blockchain infrastructure company established through an exclusive…
Series Unknown ·
$4.3B
R
Retarget.gg
Toronto, Canada · Professional Services
ReTarget.gg allows websites to profit from traffic they would otherwise lose while retaining compliance and…
Series Unknown ·
Undisclosed
T
the-hyve
Toronto, Canada · Artificial Intelligence (AI)
The-Hyve develops a mobile application that connects adults with events and social experiences based on…
Pre-Seed ·
Undisclosed
M
Toronto, Canada · Biotechnology
Medicus Pharma is a biotechnology research company that fast-tracks the progress of life sciences and…
Series Unknown ·
$16M
P
Toronto, Canada · Natural Resources
The aim of Power Nickel, a Canadian-based junior exploration company, is to transform the High-Grade Nisk…
Series Unknown ·
$18M
P
Toronto, Canada · Biotechnology
ProteinQure is a biotechnology company specializing in creating innovative peptides for various medical…
Series Unknown ·
$1.8M
S
SpendSafe
Toronto, Canada · Education
Spendsafe is a financial technology firm that provides a prepaid Mastercard card and mobile app meant to…
Series Unknown ·
Undisclosed
A
Toronto, Canada · Financial Services
Abaxx Technologies is building Smarter Markets: markets empowered by better tools, better benchmarks and…
Series Unknown ·
$43M
A
Toronto, Canada · Financial Services
Anchorbase is single, intelligent platform that that connects your software, payments, and accounting tools…
Pre-Seed ·
$2.0M
B
Toronto, Canada · Blockchain and Cryptocurrency
Blockchain Venture Capital is leading Canada Crypto space to be first and only regulated stablecoin, CADT and…
Series Unknown ·
$130k
F
Toronto, Canada · Manufacturing
First Lithium Minerals Corp. is a Canadian mineral exploration and development firm that owns exploratory…
Series Unknown ·
$4.3M
T
Toronto, Canada · Natural Resources
Triple Flag is a pure play, gold-focused, emerging senior streaming and royalty company with a distinct…
Series Unknown ·
$300M
B
Toronto, Canada · Financial Services
Brompton’s success is achieved by offering innovative, well-conceived investment products with fair terms at…
Series Unknown ·
$25M
O
Toronto, Canada · Natural Resources
Orecap is a Canada-based gold exploration company. The Company is focused on gold exploration in various gold…
Series Unknown ·
$830k
S
Toronto, Canada · Natural Resources
Stardust Metal is a mining company that offers gold exploration services.
Series Unknown ·
$3.8M
C
Toronto, Canada · Natural Resources
Canada Nickel is advancing the next generation of high quality, high potential nickel-cobalt projects to…
Series Unknown ·
$3.6M
C
Toronto, Canada · Financial Services
CT REIT is a company that focuses on commercial real estate investment, specializing in properties that…
Series Unknown ·
$218M
F
Toronto, Canada · Financial Services
Hank Payments Corp. (TSXV: HANK) is a bank-enabled technology platform that acts as a personal financial…
Series Unknown ·
$3.4M
Q
Toronto, Canada · Information Technology
The objective of Quantum Bridge is to offer reliable security solutions for organizations that require…
Series A ·
$8.0M
R
Toronto, Canada · Data and Analytics
Relay is banking designed for growing businesses. Easily collaborate with your team on your banking, paying…
Series Unknown ·
$50M
L
Toronto, Canada · Financial Services
LemFi offers personal and business banking accounts to users based on their current and native country. The…
Series Unknown ·
Undisclosed
D
Toronto, Canada · Financial Services
Developer Capital is an investment firm that offers funding to early stage AI startups.
Seed ·
$3.6M
P
Toronto, Canada · Consumer Electronics
POET Technologies is a company that specializes in the design and development of integration solutions. Their…
Series Unknown ·
$400M
C
Toronto, Canada · Manufacturing
Champion Electric Metals is a mineral exploration company that focuses on critical and precious metal…
Series Unknown ·
$130k
G
Toronto, Canada · Manufacturing
Global Atomic Corp, formerly Silvermet Inc, is a Canada-based zinc production company. The Company's…
Series Unknown ·
$37M
H
Toronto, Canada · Natural Resources
Honey Badger Silver Inc. is a mineral exploration company focused on the exploration and development of its…
Series Unknown ·
$4.5M
P
Toronto, Canada · Natural Resources
PTX Metals is a minerals exploration company with two flagship projects located in northern Ontario, which is…
Series Unknown ·
$5.1M
W
Toronto, Canada · Natural Resources
Western Metallica is a mineral exploration company. It works in the mineral resource exploration and…
Series Unknown ·
$270k
D
Diamond Therapeutics
Toronto, Canada · Biotechnology
Diamond Therapeutics is a company based in Toronto that specializes in the development of psychedelic drugs.…
Series Unknown ·
Undisclosed
S
Toronto, Canada · Administrative Services
Script Runner provides AI-powered prescription delivery and logistics software for pharmacies and healthcare…
Seed ·
$370k
S
Toronto, Canada · Health Care
Synakis patented a biodegradable hydrogel vitreous substitute that is injectable, non-cytotoxic in vitro and…
Seed ·
$1.9M
G
Toronto, Canada · Manufacturing
Galantas Gold Corporation is a public organization, double recorded on the TSX Venture Exchange, situated in…
Series Unknown ·
$100M
C
Toronto, Canada · Natural Resources
Series Unknown ·
$1.5M
M
Toronto, Canada · Financial Services
MaRS Discovery District is a nonprofit innovation organization that supports startup development, technology…
Series Unknown ·
$3.3M
O
Toronto, Canada · Biotechnology
Ontario Genomics is a non-profit organization that supports the development and application of genomics and…
Series Unknown ·
$5.1M
J
Toronto, Canada · Health Care
Jack.org is a charitable group that instructs and strengthens young pioneers to change the field of mental…
Series Unknown ·
$180k
H
Toronto, Canada · Natural Resources
With over 28,000 meters of previous drilling and a recently discovered copper porphyry target that increases…
Series Unknown ·
$23M
T
Toronto, Canada · Biotechnology
Theralase Technologies is a biopharmaceutical company that specializes in creating and selling patented laser…
Series Unknown ·
$3.4M
T
Toronto, Canada · Natural Resources
Troilus Gold is a Canadian company that is in the development stage and is primarily focused on restarting…
Series Unknown ·
Undisclosed
E
Toronto, Canada · Natural Resources
Electra is building North America’s only fully integrated, localized and environmentally sustainable battery…
Series Unknown ·
$20M
B
Toronto, Canada · Agriculture and Farming
Brazil Potash aims to invest in a cleaner, sustainable future. Founded in 2009 by both Brazilian and foreign…
Series Unknown ·
$47M
T
Toronto, Canada · Natural Resources
The Canadian Chrome Company is an exploration stage company that is participating in the discovery,…
Series Unknown ·
$60k
X
Toronto, Canada · Data and Analytics
One of the top manufacturers of photonic quantum hardware worldwide is Canadian company Xanadu Quantum…
Series Unknown ·
$300M
A
Toronto, Canada · Manufacturing
Amaroq Minerals is a company in Greenland that specializes in exploring the Nalunaq gold mine, which has a…
Series Unknown ·
$35M
O
Toronto, Canada · Gaming
OverActive Media began operations in November 2017 to build an integrated company delivering esports and…
Series Unknown ·
$1.4M
D
Toronto, Canada · Data and Analytics
DelphX will soon launch the first multi-level network for confidential trading and inventory caching of…
Series Unknown ·
$90k
S
Toronto, Canada · Transportation
Shift Transit is a leading provider in shared mobility operations
Series Unknown ·
$40M
B
Toronto, Canada · Artificial Intelligence (AI)
Biossil is an applied AI drug discovery platform to create specialized treatments for distinct patients.
Series Unknown ·
$70M
F
Toronto, Canada · Artificial Intelligence (AI)
Future Fertility is a fertility technology company focused on AI-enabled and non-invasive diagnostic…
Series A ·
$4.1M
A
Toronto, Canada · Biotechnology
Alpha computing Corp. (Nasdaq: ALP) is an AI computing infrastructure provider that offers hardware-enforced,…
Series Unknown ·
$319M
A
Toronto, Canada · Food and Beverage
AuX Labs is a food technology company that uses precision fermentation methods to manufacture real dairy…
Series Unknown ·
$4.0M
P
Toronto, Canada · Health Care
Perimeter Medical Imaging is a medical technology company driven to transform cancer surgery with ultra-high…
Series Unknown ·
$7.5M
P
Toronto, Canada · Travel and Tourism
A day at the beach or pool is supposed to be a relaxing experience. But resort guests want – or need – to…
Series Unknown ·
$1.5M
N
Toronto, Canada · Natural Resources
New Found Gold Corp. is actively exploring district size gold exploration projects in Newfoundland and…
Series Unknown ·
$77M

756 more funded startups

856 startups · 100 visible Unlock with FundedIQ

This page shows the 100 most recent rounds (back to Apr 2026). The full 856-company history for this listing opens on a FundedIQ plan.

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Industries with the most funded startups in Toronto

Sector counts across all 856 tracked companies in Toronto. A company assigned more than one industry is counted in each.

Funding stages in Toronto

How the last 24 months of funding rounds for funded startups in Toronto break down by stage.

A further 396 rounds in this period were announced without a stage label and are not ranked above.

About the FundedIQ Toronto 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 856 funded startups in Toronto currently tracked. Round counts, capital totals and the median round are computed over a trailing 24 months. Rounds whose amount was not disclosed (62 of 515 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 Toronto is dated Aug 2026.

The table above shows the 100 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 Toronto?

FundedIQ tracks 856 funded startups in Toronto. This page lists the 100 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 Toronto raised?

Startups in Toronto tracked by FundedIQ have raised $27B in disclosed capital across 515 funding rounds over the last 24 months, including 253 rounds in the last 12 months. 453 of those 515 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.

What industries have the most funded startups in Toronto?

Artificial Intelligence has the most, with 112 companies, followed by Financial Services (106), Natural Resources (90) and Health Care (55). Sector counts include every company assigned that industry, and a company can carry more than one.

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

The median disclosed round over the last 24 months is $3.5M, and the middle half of rounds fall between $950K and $18M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.

What is the most common funding stage for startups in Toronto?

Seed is the most common labelled stage, with 44 rounds in the last 24 months, ahead of Pre-Seed (25) and Series A (21). A further 396 rounds were announced without a stage label and are not counted here.

How often is the Toronto 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 Toronto is dated Aug 2026. Counts and totals on this page are recomputed on every refresh.

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