Companies / Health/Bio AI
Health and biotech AI companies in Canada
The Canadian AI Index tracks 97 Canadian health and biotech AI companies. They have raised C$952M across 64 rounds, including C$515M in 2026.
Largest rounds
| Company | Round | Date | Amount | Investors |
|---|---|---|---|---|
| Biossil | Venture round | Sep 2026 | US$153M | OpenAI Startup Fund (lead) and 7 more |
| BenchSci | Series D | May 2023 | C$95M | Generation Investment Management (lead) and 4 more |
| Aspect Biosystems | Grant | Apr 2026 | C$79M | Government of Canada — Strategic Response Fund (lead) |
| Aspect Biosystems | Grant | Jul 2024 | C$72.8M | Government of Canada — Strategic Innovation Fund (lead) and 1 more |
| Biossil | Series B | Apr 2026 | US$43M | Founders Fund, OpenAI Startup Fund (leads) |
| Congruence Therapeutics | Venture round | Mar 2026 | US$39.5M | Dimension, OrbiMed (leads) and 7 more |
| Congruence Therapeutics | Venture round | Sep 2025 | US$32M | Amplitude Ventures, Fonds de solidarité FTQ, Lumira Ventures and 6 more |
| Altis Labs | Series A | Sep 2026 | US$25M | OrbiMed, Qiming Venture Partners USA (leads) and 4 more |
| Biossil | Series A | 2024 | US$22M | Founders Fund (lead) |
| FluidAI Medical | Series A | Oct 2023 | US$15M | SOSV, Graphene Ventures (leads) and 4 more |
US$ rounds converted to C$ at the Bank of Canada rate on each round's date to rank them.
All 97 companies
| Company | Category | HQ | Founded | Date raised | Disclosed raised | Status |
|---|---|---|---|---|---|---|
| Bia HealthBia Assistant, an AI clinical decision tool that helps clinicians choose a diagnostic plan for musculoskeletal patients and avoid unnecessary imaging and referrals | Health/Bio AI | Québec City, QC | 2016 | Oct 2026 | C$2.2M | Active |
| Deep BreatheAI interpretation of lung ultrasound images for point-of-care diagnosis | Health/Bio AI | London, ON | — | Oct 2026 | C$1M | Active |
| BiossilAI platform to identify and revive failed late-stage drug candidates | Health/Bio AI | Toronto, ON | 2023 | Sep 2026 | C$309.3M | Active |
| Altis LabsAI endpoints for oncology trials; IPRO model predicts survival from routine radiology scans (Nota platform) | Health/Bio AI | Toronto, ON | 2019 | Sep 2026 | US$31M | Active |
| MeissnerML discovery engine for superconductors; quantum simulations filter candidates | Health/Bio AI | Toronto, ON | 2025 | Sep 2026 | US$2.6M | Active |
| Scopia SurgicalAI surgical navigation and patient-specific digital twins for minimally invasive and robotic surgery | Health/Bio AI | Montréal, QC | — | Sep 2026 | C$2.7M | Active |
| WalawAI voice receptionist and patient communication platform for health and wellness clinics | Health/Bio AI | Montréal, QC | 2025 | Aug 2026 | C$1.5M | Active |
| SiftmedMedical-records AI for insurance claims | Health/Bio AI | St. John's, NL | 2021 | Jul 2026 | — | Active |
| AI4EyesAI-assisted ocular diagnostics platform | Health/Bio AI | Montréal, QC | — | Jul 2026 | C$100K | Active |
| KoonkieBioinformatics and eDNA analytics with AI ecological restoration monitoring | Health/Bio AI | Vancouver, BC | 2016 | Jul 2026 | C$2.9M | Active |
| Katalyze AIAgentic operating platform that unifies pharma manufacturing and quality data for process optimization in GxP environments | Health/Bio AI | Toronto, ON | 2023 | Jul 2026 | US$10.5M | Active |
| ElderellaAI care coordination app for family caregivers of elders; extracts tasks, medications and updates from messages, voice notes and documents | Health/Bio AI | Kitchener-Waterloo, ON | — | Jun 2026 | — | Active |
| CoralVirtual menopause care platform with AI capabilities | Health/Bio AI | Montréal, QC | — | 2026 | C$8.1M | Active |
| ScispotSelf-driving lab for life sciences | Health/Bio AI | Kitchener-Waterloo, ON | — | Jun 2026 | US$8M | Active |
| Cosm MedicalAI-driven design and manufacture of patient-specific gynecological devices (Gynethotics platform) | Health/Bio AI | Toronto, ON | 2017 | May 2026 | C$2M | Active |
| Future FertilityAI oocyte image assessment for fertility clinics | Health/Bio AI | Toronto, ON | 2018 | May 2026 | C$555K | Active |
| ProteinQureAI peptide and protein therapeutic design | Health/Bio AI | Toronto, ON | 2017 | May 2026 | C$12.8M | Active |
| Blank BioRNA foundation models trained on tumour transcriptomes for patient stratification and biomarker discovery in oncologyTeam in Canada | Health/Bio AI | San Francisco, CA, US | — | May 2026 | US$7.2M | Active |
| BioConscious TechnologiesEndobits, an AI platform that detects medical events at their earliest stage for patients with diabetes | Health/Bio AI | Vancouver, BC | — | May 2026 | C$1.5M | Active |
| NodeAILife sciences AI | Health/Bio AI | Hamilton, ON | — | May 2026 | C$500K | Active |
| Aspect Biosystems3D-bioprinted tissue with AI | Health/Bio AI | Vancouver, BC | — | Apr 2026 | C$151.8M | Active |
| ViewsMLVirtual biomarker library | Health/Bio AI | Vancouver, BC | 2022 | Apr 2026 | C$4.9M | Active |
| Congruence TherapeuticsComputationally driven drug discovery using its Revenir platform (biophysics and machine learning) to design small-molecule correctors for protein-misfolding diseases | Health/Bio AI | Montréal, QC | 2021 | Mar 2026 | US$71.5M | Active |
| SecaiAI voice agents and clinical documentation for healthcare administration (Voxira) | Health/Bio AI | Montréal, QC | — | Feb 2026 | C$6.2M | Active |
| NutraMateAI document automation for Canadian pharmacies (Kroll integration) | Health/Bio AI | SK | — | Jan 2026 | C$90K | Active |
| A.I VALIAI tools for healthcare challenges | Health/Bio AI | Toronto, ON | — | Dec 2025 | C$1M | Active |
| Mesh Scheduling (MeshAI)AI-driven scheduling engine for healthcare delivery | Health/Bio AI | Kingston, ON | — | Dec 2025 | C$425K | Active |
| SigmaRPAAI-enabled healthcare referral management (Digital Worker) | Health/Bio AI | Oakville, ON | — | Dec 2025 | C$350K | Active |
| MedReddieAI agent that generates hospital procurement RFPs and aggregates regulatory, clinical and performance data on medical technologies | Health/Bio AI | Saint John, NB | 2020 | Nov 2025 | C$1.6M | Active |
| Waive MedicalAI automation of clinic paperwork, patient follow-up and task management | Health/Bio AI | Sudbury, ON | 2020 | Sep 2025 | C$67K | Active |
| AsephaAI workflow automation for pharmacies | Health/Bio AI | Toronto, ON | — | Jul 2025 | US$4M | Active |
| Sensifai HealthAI platform that analyzes wearable biometric data to detect systemic inflammation before symptoms appear | Health/Bio AI | Montréal, QC | 2023 | Jul 2025 | — | Active |
| AssistIQAI surgical supply and implant capture for hospitals | Health/Bio AI | Montréal, QC | — | May 2025 | C$18.4M | Active |
| Intrepid LabsAI and robotics for drug formulation discovery | Health/Bio AI | Toronto, ON | 2023 | May 2025 | US$11M | Active |
| Zilia HealthAI-enabled retinal imaging measuring ocular oxygen for eye disease detection | Health/Bio AI | Québec City, QC | 2012 | May 2025 | — | Active |
| vopemed (Vope Medical)AI real-time smoke and debris removal for endoscopic surgical video | Health/Bio AI | Montréal, QC | 2021 | Apr 2025 | C$2.3M | Active |
| ACTOGenerative AI commercialization and training platform for life sciences | Health/Bio AI | Toronto, ON | 2014 | Mar 2025 | C$3M | Active |
| AvitiaAI-powered on-site genomic cancer testing for laboratories and clinicians | Health/Bio AI | Montréal, QC | 2023 | Feb 2025 | C$5M | Active |
| HealthkindAI software that automates and personalizes patient-clinic communications for medical clinics | Health/Bio AI | Toronto, ON | — | Dec 2024 | C$1.3M | Active |
| OraQ AIML clinical risk intelligence and treatment planning for dental practices | Health/Bio AI | Calgary, AB | 2021 | Nov 2024 | C$2.6M | Active |
| ScribenoteAI scribe for veterinary medicine | Health/Bio AI | Kitchener-Waterloo, ON | — | Sep 2024 | US$8.2M | Active |
| Reliant AIAgentic AI research workbench for biopharmaAcquired by Cohere | Health/Bio AI | Montréal, QC | 2023 | Aug 2024 | US$11.3M | Acquired by Cohere |
| WisedocsAI medical record review and summarization for insurers and legal | Health/Bio AI | Toronto, ON | 2018 | Aug 2024 | C$12.7M | Active |
| RetiSpecAI analysis of hyperspectral retinal images to detect Alzheimer's disease pathology through an eye test | Health/Bio AI | Toronto, ON | 2016 | Jul 2024 | US$10M | Active |
| Swift MedicalComputer-vision wound care platform with touchless 3D measurement and automatic risk scoring | Health/Bio AI | Toronto, ON | 2015 | Jan 2024 | US$8M | Active |
| CliniaHealth-grade search and retrieval (RAG) infrastructure for healthcare AI applications; provider registries and clinical data search for payors and providers | Health/Bio AI | Montréal, QC | 2016 | Jan 2024 | C$10M | Active |
| Kento HealthAI-driven continuous cardiovascular care platform (cardiac rehabilitation and heart-disease management programs) | Health/Bio AI | Montréal, QC | — | Oct 2023 | US$3M | Active |
| FluidAI MedicalAI post-surgical fluid monitoring medical device | Health/Bio AI | Kitchener-Waterloo, ON | 2014 | Oct 2023 | US$15M | Active |
| SimmunomeAI disease simulation platform for drug target validation and patient biomarkers | Health/Bio AI | Montréal, QC | 2016 | Sep 2023 | C$2M | Active |
| BenchSciMachine learning decoding biomedical data for pharma R&D | Health/Bio AI | Toronto, ON | — | May 2023 | C$95M | Active |
| NozeAI digital nose for early disease detection | Health/Bio AI | Montréal, QC | 2015 | Mar 2023 | C$1M | Active |
| BlueDotInfectious disease intelligence platform using AI to detect, track and forecast outbreak risk for governments and enterprises | Health/Bio AI | Toronto, ON | 2013 | Jan 2023 | C$3M | Active |
| BioTwinAI human virtual twin from at-home metabolomics for health prediction | Health/Bio AI | Québec City, QC | 2020 | Nov 2022 | C$6.6M | Active |
| Aifred HealthAI clinical decision support for depression treatment | Health/Bio AI | Montréal, QC | — | — | — | Active |
| Arlo HealthHealthcare infrastructure for AI agents: licensed clinicians, prescriptions, labs and health records exposed through one MCP integration | Health/Bio AI | Vancouver, BC | — | — | — | Active |
| Assyro AIAI regulatory copilot that drafts pharma and biotech submissions and validates them against eCTD standards in real time | Health/Bio AI | Toronto, ON | 2025 | — | — | Active |
| Banting AIAI copilot for clinical trial sites: parses protocols, generates visit templates and documentation, and supports patient screening and feasibility work | Health/Bio AI | Toronto, ON | — | — | — | Active |
| BioeurekaAI image recognition identifying microbial colonies for rapid pathogen testing | Health/Bio AI | Montréal, QC | 2022 | — | — | Active |
| CareWayAI scribe that generates structured clinical notes and documentation from consultations, data hosted in QuebecAcquired by MEDFAR Clinical Solutions | Health/Bio AI | Saguenay, QC | 2022 | — | — | Acquired by MEDFAR Clinical Solutions |
| CedienceRegulatory intelligence platform using NLP, machine learning and generative AI to answer complex regulatory questions from past decisions | Health/Bio AI | Toronto, ON | — | — | — | Active |
| CorticoClinical workflow platform; publisher of the MedSafe-Dx clinical AI safety benchmark | Health/Bio AI | Vancouver, BC | — | — | — | Active |
| CorVista Health (formerly Analytics 4 Life)Machine-learned cardiac diagnostics from resting heart signals at point of careFounded in Canada | Health/Bio AI | Bethesda, MD, US | 2012 | — | — | Active |
| CyclicaAI-enabled drug discovery platform (MatchMaker proteome screening and polypharmacology models)Acquired by Recursion Pharmaceuticals | Health/Bio AI | Toronto, ON | 2013 | — | — | Acquired by Recursion Pharmaceuticals |
| Decoda HealthAI patient communication and admin automation | Health/Bio AI | Toronto, ON | 2023 | — | — | Active |
| DiaGen AI (formerly Proteic Biosciences)Generative AI discovery of small molecules and peptides for therapeutics | Health/Bio AI | Vancouver, BC | 2021 | — | — | Active |
| DIAGNOSCARA computer-assisted retina analysis, an AI screening service for diabetic retinopathy and other eye-related disease, built on the FLAIRE AI platformPublic | Health/Bio AI | Brossard, QC | 1998 | — | — | Public |
| DialogueVirtual healthcare platform with AI triageAcquired by Sun Life Financial | Health/Bio AI | Montréal, QC | — | — | — | Acquired by Sun Life Financial |
| DistillerSRAI-assisted systematic literature review software | Health/Bio AI | Ottawa, ON | — | — | — | Active |
| DreamFoldMachine learning for protein design | Health/Bio AI | Montréal, QC | — | — | — | Active |
| DrugBankStructured drug data infrastructure for AI applications | Health/Bio AI | Edmonton, AB | — | — | — | Active |
| eMurmurAI heart and lung sound analysis on an open digital stethoscope platform; FDA Class II cleared murmur detection | Health/Bio AI | Ottawa, ON | — | — | — | Active |
| GenieAI NowAI voice reception and clinic operations layer for medical and dental practices, integrated with ClearDent, OSCAR Pro and WELL Health | Health/Bio AI | Oakville, ON | — | — | — | Active |
| HEALWELL AIHealthcare AI for preventative care and clinical decision supportPublic | Health/Bio AI | Toronto, ON | 2012 | — | — | Public |
| Imagia Canexia Health (Imagia Cybernetics)Deep-learning oncology imaging and federated-learning platform, merged with Canexia Health in 2022Shut down | Health/Bio AI | Montréal, QC | 2015 | — | — | Shut down |
| Inference HealthAI agents for healthcare administrative workflows: referrals, intake, scheduling, follow-up | Health/Bio AI | Toronto, ON | — | — | — | Active |
| Light AISmartphone-photo AI strep screening (Health Canada licensed)Public | Health/Bio AI | Vancouver, BC | — | — | — | Public |
| LUCIDAI music therapeutics that curates and adapts personalized music sessions to a patient's emotional response, for anxiety and dementia care (Resonance Rx) and consumers (VIBE) | Health/Bio AI | Toronto, ON | — | — | — | Active |
| MIMOSA DiagnosticsHandheld multispectral imaging device with AI tissue analysis for wound and skin assessment | Health/Bio AI | Toronto, ON | 2016 | — | — | Active |
| Mutuo Health SolutionsAutoScribe ambient AI scribe that transcribes clinician-patient conversations into structured EMR records in real time (NLP and ML)Acquired by HEALWELL AI | Health/Bio AI | Toronto, ON | 2018 | — | — | Acquired by HEALWELL AI |
| NetraMarkAI clinical-trial patient stratificationPublic | Health/Bio AI | Toronto, ON | 2015 | — | — | Public |
| NovaResp TechnologiesAI predictive control for CPAP sleep-apnea therapy | Health/Bio AI | Halifax, NS | 2016 | — | — | Active |
| OncousticsAI on low-cost ultrasound for disease diagnostics | Health/Bio AI | Toronto, ON | 2018 | — | — | Active |
| OneChartAI ambient scribe that turns clinician-patient conversations into structured EMR notes and billing codes | Health/Bio AI | Toronto, ON | 2023 | — | — | Active |
| Pathway MedicalAI clinical decision support and evidence search for physiciansAcquired by Doximity | Health/Bio AI | Montréal, QC | 2019 | — | — | Acquired by Doximity |
| PeerSupport.ioVoice AI medical referrals | Health/Bio AI | Whitehorse, YT | 2020 | — | — | Active |
| PlantigaIn-shoe sensor movement intelligence with AI for athlete injury and load monitoring | Health/Bio AI | Vancouver, BC | 2008 | — | — | Active |
| Reveal Life ScienceSurgical AI via Raman spectroscopy | Health/Bio AI | Montréal, QC | 2015 | — | — | Active |
| Sabba HealthAI-automated insurance revenue cycle management for medical practices and billing teams | Health/Bio AI | Toronto, ON | 2024 | — | — | Active |
| Scaled InsightsBehavioural AI for personalized patient coaching and medication adherence | Health/Bio AI | Toronto, ON | 2018 | — | — | Active |
| Scopium AIAI cognitive platform for cardiovascular diagnosis and care pathways | Health/Bio AI | Toronto, ON | 2015 | — | — | Active |
| Semantic HealthNLP platform that analyzes unstructured clinical notes for medical coding and auditingAcquired by AAPC | Health/Bio AI | Toronto, ON | 2019 | — | — | Acquired by AAPC |
| Signal 1AI platform for hospital operations | Health/Bio AI | Toronto, ON | — | — | — | Active |
| Tali AIAmbient AI scribe and clinical documentation platform for EMRs, expanding into decision support and practice automation | Health/Bio AI | Toronto, ON | 2020 | — | — | Active |
| Valence DiscoveryAI-first drug design (now Valence Labs within Recursion)Acquired by Recursion Pharmaceuticals | Health/Bio AI | Montréal, QC | — | — | — | Acquired by Recursion Pharmaceuticals |
| Variational AIGenerative AI small-molecule drug discovery (Enki) | Health/Bio AI | Vancouver, BC | 2019 | — | — | Active |
| Verto HealthDigital twin platform that uses patented machine learning to consolidate patient data across hospital systems into a normalized record of each patient for population health management | Health/Bio AI | Toronto, ON | — | — | — | Active |
| Zeroshot BiolabsAI preclinical prediction from gene expression | Health/Bio AI | Vancouver, BC | — | — | — | Active |
Data as of October 20, 2026.