FundedIQ

Recently Funded Startups in Waterloo

Updated Sep 2026

FundedIQ tracks 46 funded startups in Waterloo, with their funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the startup funding landscape in Waterloo, along with the 46 most recently funded startups there.

Artificial Intelligence, Data and Analytics and Health Care hold the most companies by sector. Startups in Waterloo closed 15 funding rounds over the last 24 months, 9 of them in the last 12 months, and raised $93M in disclosed capital. The median disclosed round is $2.4M, with the middle half of rounds falling between $1.2M and $8.8M.

Artificial Intelligence dominates the mix, followed by Data and Analytics and Health Care. The presence of Information Technology and Apps adds a layer of general software utility. Because early stages prevail over later rounds, filtering by sub-sector identifies the specific technical focus of a company before its maturity is established.

Waterloo funded startup statistics

Funded startups in Waterloo
46
tracked in the database
Funding rounds, last 12 months
9
15 over 24 months
Disclosed capital raised, 24 months
$93M
12 of 15 rounds disclosed an amount
Median round size
$2.4M
middle half $1.2M to $8.8M

Most recent funding round on record: Aug 2026.

46 most recently funded startups in Waterloo

46 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.

L
Waterloo, Canada · Artificial Intelligence (AI)
Welcome to LoopX! We're here to enhance safety, productivity, and sustainability in mining and beyond through…
Seed ·
$4.0M
M
MMSENSE Technologies
Waterloo, Canada · Artificial Intelligence (AI)
MMSENSE Technologies develops advanced RF/microwave/mmWave/sub-THz technologies to address real-world…
Series Unknown ·
Undisclosed
Q
Waterloo, Canada · Consumer Electronics
The QuantumCore foundation of a new era of products enables scalable, stable, and dependable qubit…
Series Unknown ·
$1.2M
M
Waterloo, Canada · Data and Analytics
Mappedin, with its headquarters in Waterloo, Ontario, is the top platform for managing indoor spatial data,…
Series B ·
$25M
A
Applied Brain Research
Waterloo, Canada · Artificial Intelligence (AI)
Applied Brain Research Inc is the maker of Nengo, a neuromorphic artificial intelligence interactive…
Seed ·
Undisclosed
N
Waterloo, Canada · Science and Engineering
Nfinite Nanotechnology is an advanced material company that enables breakthrough innovations to redefine how…
Series Unknown ·
$2.8M
D
Waterloo, Canada · Hardware
Dejero provides video streaming and connectivity solutions.Powered by intelligent network aggregation…
Series Unknown ·
$20M
M
Waterloo, Canada · Healthcare, Artificial Intelligence, B2B Software
MedReddie simplifies clinical procurement and market research to drive the future of healthcare.
Seed ·
$1.1M
T
TitanFile
Waterloo, Canada · Information Technology
TitanFile offers a cloud-based file sharing solution for professionals to exchange files easily. The platform…
Series Unknown ·
Undisclosed
E
Waterloo, Trinidad and Tobago · Transportation
enVgo is a startup that focuses on eco-friendly technology. They aim to improve the sustainability,…
Seed ·
$2.0M
N
Waterloo, Canada · Artificial Intelligence (AI)
Pre-Seed ·
$1.3M
A
Waterloo, Canada · Financial Services
Axelar is a cross-chain communication tool developing interoperability software to connect blockchain…
Series Unknown ·
$30M
E
Waterloo, Canada · Energy
Evercloak is a manufacturer of ultra-thin graphene and other 2-d nanomaterial films designed for cleantech…
Series Unknown ·
$250k
M
Waterloo, Australia · Artificial Intelligence (AI)
Metakosmos is focused on creating advanced complex systems, protective technologies, and real-time…
Pre-Seed ·
$1.3M
C
Co Guard
Waterloo, Canada · Information Technology
Co Guard is a company specializing in network security services such as SBOM, auditing, extended CI/CD, and…
Series Unknown ·
Undisclosed
I
Illumisonics
Waterloo, Canada · Health Care
Illumisonics is a company that creates optical, ultrasonic, and nano-technologies for use in medical and…
Series Unknown ·
Undisclosed
Z
Zircuit
Waterloo, Canada · Other
Zircuit is a zero-knowledge rollup that enables the boundless possibilities of web3.
Seed ·
Undisclosed
N
Waterloo, Canada · Science and Engineering
Nfinite Nanotechnology is an advanced material company that enables breakthrough innovations to redefine how…
Seed ·
$6.5M
G
G12
Waterloo, Canada · Education
G12uni is a platform that helps high school students make informed decisions about their university and major…
·
Undisclosed
H
Waterloo, Canada · Information Technology
High-Q Technologies is creating innovative therapies, and the standard in protein structure determination is…
Series Unknown ·
$3.8M
S
Waterloo, Canada · Artificial Intelligence (AI)
Established in 2018 by experts in Mobile Device Management, Springdel was created to tackle the issue of an…
Series A ·
$5.0M
T
Waterloo, Canada · Data and Analytics
A data analytics and visualization platform that seamless integrates with your existing data sources, such as…
Seed ·
$1.3M
P
Waterloo, Canada · Artificial Intelligence (AI)
Periculum specializes in developing AI and ML software for data analytics, catering specifically to…
Series Unknown ·
$150k
R
Roll
Waterloo, Canada · Mobile
Roll is a social app that uses online board games to let people connect more authentically.
Pre-Seed ·
Undisclosed
M
MAPflow
Waterloo, Canada · Health Care
MAPflow Improving patient access and health outcomes by making it easier for chemists to perform effective…
Series Unknown ·
Undisclosed
M
Mentor Me Healthcare
Waterloo, Canada · Health Care
Mentor Me Healthcare intends to assist every internationally educated health professional (IEHP) in obtaining…
Series Unknown ·
Undisclosed
T
Tactycs
Waterloo, Canada · Sales and Marketing
Tactycs is a marketing strategy tool that acts as your data driven marketing director. The Tactycs software…
Series Unknown ·
Undisclosed
V
Waterloo, Canada · Consumer Electronics
VueReal is engineering the next electronic systems by mass integration of high-efficiency nano/micro-devices…
Series Unknown ·
$11M
M
Waterloo, United States · Community and Lifestyle
Being the biggest supplier of services for people with intellectual and other developmental impairments in…
Series Unknown ·
$1.8M
D
Waterloo, Canada · Artificial Intelligence (AI)
DarwinAI is a rapidly growing visual quality inspection company providing manufacturers an end-to-end…
Series A ·
$5.9M
P
Waterloo, Canada · Energy
Do you know what ingredients are in the food you produce? Do you fear pollutants from abroad? Are you…
Series Unknown ·
$2.4M
K
Ka Imaging
Waterloo, United States · Medical Equipment Manufacturing
KA Imaging, a University of Waterloo spin-off, focuses in creating cutting-edge X-ray imaging technologies…
Series Unknown ·
Undisclosed
O
Waterloo, Canada · Gaming
Series A ·
$19M
M
Waterloo, Canada · Data and Analytics
Maerospace is a data and analytics company based in Canada.
Pre-Seed ·
$100k
G
Waterloo, Canada · Apps
Geeq is an apps company based in Canada.
Venture - Series Unknown ·
$25M
E
Waterloo, Canada · Information Technology
Strong new quantum advancements guarantee colossal advantages, yet in addition present serious dangers to…
Series A ·
$5.4M
E
Waterloo, Canada · Apps
Building a new breed of mobile games
Seed ·
$1.4M
C
Waterloo, Canada · Commerce and Shopping
Convictional is a supplier enablement platform that helps enterprise B2C retailers and B2B distributors build…
Series B ·
$35M
R
Waterloo, Canada · Transportation
Developer of a cloud logistics platform created to facilitate personalized mass transit. The company's…
Series A ·
$16M
N
Waterloo, Canada · Biotechnology
Nicoya is a provider of advanced analytical instruments for the biotechnology and pharmaceutical industries.
Series A ·
$16M
M
Waterloo, Canada · Government and Military
Magnet Forensics is a global leader in the development of software solutions for digital forensic…
Post-IPO Secondary ·
$74M
U
Waterloo, Canada · Community and Lifestyle
Uvaro's career success platform includes training, paid experience, advancement and ongoing coaching to…
Series A ·
$12M
A
Waterloo, Canada · Artificial Intelligence (AI)
Adaptive Pulse builds software for customer success teams to predict churn and prioritize their retention…
Pre-Seed ·
$600k
S
Waterloo, Canada · Data and Analytics
SkyWatch provides a digital infrastructure for the distribution of Earth observation data and derived…
·
$17M
A
Waterloo, Canada · Health Care
AceAge is a healthcare technology company, creating intuitive products to ease the aging process and improve…
·
$5.0M
A
Waterloo, Canada · Commerce and Shopping
ApplyBoard is the world's largest online platform that empowers students around the world to access the best…
·
$70M

Industries with the most funded startups in Waterloo

Sector counts across all 46 tracked companies in Waterloo. A company assigned more than one industry is counted in each.

Funding stages in Waterloo

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

Stage
Rounds, last 24 months

A further 8 rounds in this period were announced without a stage label and are not ranked above.

About the FundedIQ Waterloo 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 46 funded startups in Waterloo currently tracked. Round counts, capital totals and the median round are computed over a trailing 24 months. Rounds whose amount was not disclosed (3 of 15 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 Waterloo is dated Aug 2026.

The table above shows the 46 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 Waterloo?

FundedIQ tracks 46 funded startups in Waterloo. This page lists the 46 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 Waterloo raised?

Startups in Waterloo tracked by FundedIQ have raised $93M in disclosed capital across 15 funding rounds over the last 24 months, including 9 rounds in the last 12 months. 12 of those 15 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.

What industries have the most funded startups in Waterloo?

Artificial Intelligence has the most, with 9 companies, followed by Data and Analytics (4), Health Care (4) and Information Technology (4). 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 Waterloo?

The median disclosed round over the last 24 months is $2.4M, and the middle half of rounds fall between $1.2M and $8.8M. 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 Waterloo?

Seed is the most common labelled stage, with 5 rounds in the last 24 months, ahead of Pre-Seed (1) and Series B (1). A further 8 rounds were announced without a stage label and are not counted here.

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

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