Funded Transportation Startups in Canada
Among these 14 transportation startups in Canada, the largest disclosed round is Reaction Dynamics’ $10M on 2025-06-18, but most other disclosed amounts si…
Among these 14 transportation startups in Canada, the largest disclosed round is Reaction Dynamics’ $10M on 2025-06-18, but most other disclosed amounts sit well below that level (several are $5M or less, including GreenPower Motor Company at $1M on 2025-05-13 and $5M on 2024-02-13). The disclosed amounts also show an early-2022 clustering: multiple rounds land between 2022-02-07 and 2022-03-01, including Enedym (Grant, $2M on 2022-02-07), RideCo (Series A, $16M on 2022-02-17), Facedrive (Post-IPO Equity, $4M on 2022-03-01), and TransCanna (Post-IPO Debt, $16M on 2022-08-02).
Geographically, British Columbia appears repeatedly with Vancouver/Burnaby entries such as GreenPower Motor Company ($1M on 2025-05-13; $5M on 2024-02-13), 7 Gen ($35M on 2025-04-22), and Loop Energy ($8M on 2022-05-02), while Ontario and Quebec contribute fewer but include notable amounts like RideCo’s $16M (2022-02-17) and Reaction Dynamics’ $10M (2025-06-18). Stage labels are fragmented: 7 of 14 rows are “Series Unknown,” 1 row is “undisclosed” (Pride Group Logistics, 2025-02-04), and the date window spans 2021-03-29 (Tyltgo) through 2025-06-18 (Reaction Dynamics).
Most recent rounds
14 shownRelated listings
Frequently asked
What stands out about the largest disclosed round versus the rest of the list?
Reaction Dynamics’ $10M (Series A) on 2025-06-18 is the top disclosed amount here. Several other disclosed rounds are materially smaller, including GreenPower Motor Company’s $1M on 2025-05-13 and Tyltgo’s $2M on 2021-03-29.
Is there a concentration in time among these transportation rounds?
Yes, early 2022 is dense: Enedym closes on 2022-02-07 ($2M), RideCo on 2022-02-17 ($16M), and Facedrive on 2022-03-01 ($4M). Separately, a second notable date cluster appears in the mid-2025 window with Reaction Dynamics (2025-06-18, $10M) plus GreenPower Motor Company (2025-05-13, $1M) and 7 Gen (2025-04-22, $35M).
Do any cities or provinces appear more often than others in this set?
British Columbia shows up repeatedly via Vancouver/Burnaby-based companies: GreenPower Motor Company (Vancouver; $1M on 2025-05-13 and $5M on 2024-02-13), 7 Gen (Vancouver; $35M on 2025-04-22), and Loop Energy (Burnaby; $8M on 2022-05-02). Ontario also recurs with Toronto/Mississauga/Waterloo/Kitchener entries like RideCo (Waterloo; $16M on 2022-02-17) and Facedrive (Toronto; $4M on 2022-03-01).
How does stage classification look across the 14 rows?
Stage naming is dominated by incomplete labels: 7 of 14 entries are “Series Unknown,” and 1 is explicitly “undisclosed” (Pride Group Logistics on 2025-02-04). Only a smaller subset has explicit stages such as Series A (Reaction Dynamics on 2025-06-18; RideCo on 2022-02-17) or Seed (Kite Mobility on 2023-08-29; Tyltgo on 2021-03-29).
Are there outliers that differ sharply from the rest of the disclosed amounts?
7 Gen’s $35M on 2025-04-22 is a clear high-end outlier relative to many other disclosed rounds in the list, such as Louelec’s $3M (2023-12-11), Enedym’s $2M (2022-02-07), and Tyltgo’s $2M (2021-03-29). The list also includes entries with non-numeric disclosure signals, including Pride Group Logistics marked “undisclosed” (2025-02-04).
Know which startups just got funded. Every week.
Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.
Free. Sent every Monday. Unsubscribe anytime.