The Canadian AI Index

Companies / Industrial/Manufacturing AI

Industrial and manufacturing AI companies in Canada

The Canadian AI Index tracks 54 Canadian industrial and manufacturing AI companies. They have raised C$604M across 40 rounds, including C$89M in 2026.

Largest rounds

CompanyRoundDateAmountInvestors
CoLab SoftwareSeries CNov 2025US$72MIntrepid Growth Partners (lead) and 5 more
Watch OutVenture roundDec 2025C$100MLISI Group, EMTEK
GeologicAISeries BJul 2025US$44MBlue Earth Capital (lead) and 4 more
Nanoprecise Sci CorpSeries CMar 2025US$38MYaletown Partners, BDC Industrial Innovation Venture Fund (leads) and 3 more
GeologicAISeries AJul 2023US$30MBreakthrough Energy Ventures (lead) and 1 more
ManevaSeries AJun 2026US$27MUSVP (lead) and 2 more
CruxOCMSeries AAug 2024US$17MM12 (lead) and 10 more
AxyaSeries ASep 2026C$17MMcRock Capital (lead) and 4 more
BaseTWOSeries AJan 2025US$11.5MAXA Venture Partners (lead) and 5 more
FemtumSeries AMar 2026C$16MBDC Capital (lead) and 6 more

US$ rounds converted to C$ at the Bank of Canada rate on each round's date to rank them.

All 54 companies

Data as of October 20, 2026.

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