FundedIQ

Funded Transportation Startups in Canada

Among the 19 most recent Canada transportation entries shown, the largest disclosed round is Montreal Port Authority’s $839M (2026-04-09).

Among the 19 most recent Canada transportation entries shown, the largest disclosed round is Montreal Port Authority’s $839M (2026-04-09). That single figure dwarfs the rest of the disclosed amounts in this slice: the next-largest disclosed amounts are $40M (Shift Transit, 2026-04-28) and $35M (7 Gen, 2025-04-22), while multiple rounds sit at single-digit millions (for example, Reaction Dynamics $6M on 2026-03-16 and GreenPower Motor Company $5M on both 2026-01-09 and 2024-02-13).

The time window concentrates heavily in 2026: 6 of the 19 rows are dated between 2026-01-09 and 2026-05-19. Geographically, Vancouver appears repeatedly across years (GreenPower Motor Company on 2026-01-09 and 2024-02-13; 7 Gen on 2025-04-22; Synergy Aviation Ltd. is listed in Vancouver, though the amount is undisclosed), while several Ontario locations cluster around Toronto/Mississauga/Waterloo (Shift Transit 2026-04-28; Pride Group Logistics 2025-02-04, Mississauga; RideCo 2022-02-17, Waterloo). Stage/amount classification is also uneven: 5 of 19 entries are labeled “Series Unknown,” and 2 of 19 list amounts as undisclosed (Synergy Aviation Ltd., 2026-03-04; Pride Group Logistics, 2025-02-04). The most recent round date shown is 2026-05-19 (Val-d’Or Regional Airport, $9M), and the oldest is 2021-03-29 (Tyltgo, $2M).

Most recent rounds

19 shown
V
Val-d'Or Regional Airport
Rouyn-noranda, Canada · Transportation
Series Unknown · May 2026
$8.7M
S
Shift Transit
Toronto, Canada · Transportation
Series Unknown · Apr 2026
$40M
M
Montreal Port Authority
Montréal, Canada · Transportation
Series Unknown · Apr 2026
$839M
R
Reaction Dynamics
Saint Laurent, Canada · Transportation
Series Unknown · Mar 2026
$6.1M
S
Synergy Aviation Ltd.
Vancouver, Canada · Transportation
Series Unknown · Mar 2026
Undisclosed
L
LeeWay Marine
Dartmouth, Canada · Transportation
Series Unknown · Feb 2026
$30k
G
GreenPower Motor Company
Vancouver, Canada · Transportation
Series Unknown · Jan 2026
$5.0M
7
7 Gen
Vancouver, Canada · Transportation
Series Unknown · Apr 2025
$35M
P
Pride Group Logistics
Mississauga, Canada · Transportation
Series Unknown · Feb 2025
Undisclosed
G
GreenPower Motor Company
Vancouver, Canada · Transportation
Series Unknown · Feb 2024
$5.0M
L
Louelec
Montréal, Canada · Transportation
Series Unknown · Dec 2023
$3.0M
K
Kite Mobility
Thornhill, Canada · Transportation
Seed · Aug 2023
$2.6M
T
TransCanna
Vancouver, Canada · Transportation
Post-IPO Debt · Aug 2022
$16M
L
Loop Energy
Burnaby, Canada · Transportation
Grant · May 2022
$7.6M
F
Facedrive
Toronto, Canada · Transportation
Post-IPO Equity · Mar 2022
$3.7M
R
RideCo
Waterloo, Canada · Transportation
Series A · Feb 2022
$16M
E
Enedym
Hamilton, Canada · Transportation
Grant · Feb 2022
$2.4M
7
7 Generation Capital
Vancouver, Canada · Transportation
· Jun 2021
$20M
T
Tyltgo
Kitchener, Canada · Transportation
Seed · Mar 2021
$1.8M

Related listings

Frequently asked

What stands out about the largest disclosed funding amount in this Canada transportation list, and how far above the rest is it?

The largest disclosed round is Montreal Port Authority’s $839M on 2026-04-09, which dwarfs the remaining disclosed amounts; the next-largest disclosed figures in the rows are $40M (Shift Transit, 2026-04-28) and $35M (7 Gen, 2025-04-22).

Is funding concentrated in a recent date window within the 19 rows, or is it evenly spread over time?

It’s skewed toward 2026: 6 of 19 rows have round dates between 2026-01-09 (GreenPower Motor Company) and 2026-05-19 (Val-d’Or Regional Airport). Outside that, earlier clusters include 2022-heavy entries such as RideCo ($16M, 2022-02-17) and TransCanna ($16M, 2022-08-02).

Which cities appear more than once, suggesting geographic clustering?

Vancouver is repeated across multiple entries and years: GreenPower Motor Company is listed in Vancouver with $5M on 2026-01-09 and $5M on 2024-02-13, and 7 Gen is also listed in Vancouver with $35M on 2025-04-22 (with Synergy Aviation Ltd. listed in Vancouver as well, amount undisclosed). Ontario also shows multiple nodes around Toronto/Mississauga/Waterloo, including Shift Transit (Toronto, $40M on 2026-04-28) and RideCo (Waterloo, $16M on 2022-02-17).

How dominant is “Series Unknown,” and does it line up with any undisclosed amounts?

“Series Unknown” appears on 5 of 19 rows, spanning entries like Montreal Port Authority ($839M on 2026-04-09) and Val-d’Or Regional Airport ($9M on 2026-05-19). Separately, 2 of 19 rows are explicitly “undisclosed” on the amount—Synergy Aviation Ltd. (Vancouver, 2026-03-04) and Pride Group Logistics (Mississauga, 2025-02-04)—so not all classification opacity is tied to undisclosed dollars.

Are there outliers that look materially different from the rest beyond the largest-round effect?

Yes: LeeWay Marine lists only $30K on 2026-02-19, which is far below the bulk of disclosed multi-million rounds in the table. At the other extreme (besides the $839M outlier), several entries cluster around the $5M–$9M band, such as Reaction Dynamics ($6M, 2026-03-16) and GreenPower Motor Company ($5M, 2026-01-09).

What stage mix is most common among the dated entries that do disclose a stage label?

Among rows with an explicit stage label (as opposed to blank/Series Unknown), Seed and grant show up multiple times: Kite Mobility is Seed ($3M, 2023-08-29) and Tyltgo is Seed ($2M, 2021-03-29), while Loop Energy is Grant ($8M, 2022-05-02) and Enedym is Grant ($2M, 2022-02-07). Post-IPO also appears more than once (TransCanna Post-IPO Debt $16M on 2022-08-02; Facedrive Post-IPO Equity $4M on 2022-03-01), with one Series A labeled entry (RideCo, $16M on 2022-02-17).

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