The Canadian AI Index

Companies / Kitchener-Waterloo

AI companies in Kitchener-Waterloo

The Canadian AI Index tracks 34 AI companies headquartered in Kitchener-Waterloo. They have raised C$156M across 17 rounds, including C$21M in 2026.

Largest rounds

CompanyRoundDateAmountInvestors
BinSentrySeries CAug 2025US$50MLead Edge Capital (lead)
FluidAI MedicalSeries AOct 2023US$15MSOSV, Graphene Ventures (leads) and 4 more
ScispotSeries AJun 2026US$8MAvenue Growth Partners (lead) and 1 more
ScribenoteSeedSep 2024US$8.2MAndreessen Horowitz (lead) and 2 more
Upside RoboticsSeedFeb 2026US$7.5MPlural (lead) and 3 more
PlumVenture roundFeb 2023US$6MJFF Ventures, Strada Education Foundation
CaveloBridge/ExtensionJul 2025C$5MInovia Capital (lead)
CaveloSeedNov 2023C$5MInovia Capital (lead) and 1 more
CobionixVenture roundJul 2025US$3MTitletownTech (lead) and 2 more
PageSeedMar 2025C$4.1MTwelve Below (lead) and 4 more

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

All 34 companies

Data as of October 20, 2026.

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