Companies / AI Infrastructure/Compute
AI infrastructure and compute companies in Canada
The Canadian AI Index tracks 21 Canadian AI infrastructure and compute companies. They have raised C$204M across 14 rounds, including C$92M in 2026.
Largest rounds
| Company | Round | Date | Amount | Investors |
|---|---|---|---|---|
| Micrologic | Venture round | Sep 2026 | C$45M | Fonds de solidarité FTQ, Investissement Québec |
| Lemurian Labs | Series A | Dec 2025 | US$28M | Pebblebed, Hexagon (leads) and 1 more |
| CentML | Seed | Oct 2023 | US$27M | Gradient Ventures (lead) and 5 more |
| Featherless AI | Series A | May 2026 | US$20M | AMD Ventures (lead) and 1 more |
| Lemurian Labs | Seed | Oct 2023 | US$9M | Oval Park Capital (lead) and 4 more |
| Shakudo | Series A | Jul 2023 | US$7.2M | GreatPoint Ventures (lead) and 1 more |
| Shakudo | Series A | Feb 2026 | US$7M | Wittington Ventures (lead) |
| Sapien | Seed | Apr 2024 | US$5M | Primitive Ventures, Animoca Brands, Artichoke Capital and 1 more |
| JetScale AI | Seed | Feb 2026 | C$5.4M | Diagram Ventures, BDC Seed Venture Fund (leads) |
| Tracel AI | Seed | Aug 2025 | US$3M | Golden Ventures, OSS Capital (leads) |
US$ rounds converted to C$ at the Bank of Canada rate on each round's date to rank them.
All 21 companies
| Company | Category | HQ | Founded | Date raised | Disclosed raised | Status |
|---|---|---|---|---|---|---|
| MicrologicSovereign cloud hosting government and enterprise data and AI workloads on Canadian infrastructure | AI Infrastructure/Compute | Québec City, QC | — | Sep 2026 | C$45M | Active |
| Private AI (o/a Limina)Sensitive data infrastructure layer that lets regulated enterprises deploy AI against confidential datasets | AI Infrastructure/Compute | Toronto, ON | 2017 | May 2026 | C$2M | Active |
| Featherless AIAI inference platformTeam in Canada | AI Infrastructure/Compute | San Francisco, CA, US | 2023 | May 2026 | US$20M | Active |
| JettyRunbook-driven evaluation and monitoring platform for AI agent runs | AI Infrastructure/Compute | Montréal, QC | 2024 | May 2026 | US$2M | Active |
| JetScale AICloud optimization and emissions reduction | AI Infrastructure/Compute | Montréal, QC | 2025 | Feb 2026 | C$5.4M | Active |
| ShakudoAI operating system for regulated industries | AI Infrastructure/Compute | Toronto, ON | 2021 | Feb 2026 | US$14.2M | Active |
| TurbopufferSearch infrastructure (vector and full-text) for AI applications | AI Infrastructure/Compute | Ottawa, ON | 2023 | Dec 2025 | — | Active |
| Lemurian LabsHardware-agnostic software stack to run AI workloads on any hardwareFounded in Canada | AI Infrastructure/Compute | Santa Clara, CA, US | 2018 | Dec 2025 | US$37M | Active |
| Tracel AIOpen-source AI infrastructure: the Burn deep learning framework in Rust and the CubeCL compute language for portable, efficient training and inference | AI Infrastructure/Compute | Québec City, QC | 2023 | Aug 2025 | US$3M | Active |
| Inference LabsVerifiable AI inference with zero-knowledge proofs | AI Infrastructure/Compute | Hamilton, ON | 2023 | Apr 2024 | US$2.3M | Active |
| SapienDecentralized human-in-the-loop AI data labeling | AI Infrastructure/Compute | Toronto, ON | 2023 | Apr 2024 | US$5M | Active |
| CentMLPlatform that optimizes ML model deployment and compute utilizationAcquired by Nvidia; deal value could exceed US$400M including earn-outs | AI Infrastructure/Compute | Toronto, ON | 2022 | Oct 2023 | US$27M | Acquired by Nvidia; deal value could exceed US$400M including earn-outs |
| ByteShapeAdaptive quantization and compression that optimizes language, vision-language and image models for target hardware | AI Infrastructure/Compute | Toronto, ON | — | — | — | Active |
| CoolIT SystemsLiquid cooling for AI data centresAcquired by Ecolab | AI Infrastructure/Compute | Calgary, AB | 2001 | — | — | Acquired by Ecolab |
| Crashlabs AIResearch lab building multi-agent alignment environments that test whether AI agents preserve their goals, permissions and judgment when interacting with other agents | AI Infrastructure/Compute | Toronto, ON | — | — | — | Active |
| DeepliteSoftware that compresses and optimizes AI models to run on edge hardwareAcquired by STMicroelectronics | AI Infrastructure/Compute | Montréal, QC | 2018 | — | — | Acquired by STMicroelectronics |
| Denvr DataworksAI compute and defence AI infrastructure | AI Infrastructure/Compute | Calgary, AB | — | — | — | Active |
| Kepler CommunicationsOptical space data relay network | AI Infrastructure/Compute | Toronto, ON | — | — | — | Active |
| PolarGridEdge GPU network for real-time AI inference, routing requests to nodes near end users for low-latency voice and video AI | AI Infrastructure/Compute | Ottawa, ON | — | — | — | Active |
| TailscaleSecure networking; AI-era infra; acquired Border0 | AI Infrastructure/Compute | Toronto, ON | 2019 | — | — | Active |
| Tiptree Advanced SystemsAgent-based infrastructure for collaborative AI research and literature verification | AI Infrastructure/Compute | Montréal, QC | 2024 | — | — | Active |
Data as of October 20, 2026.