The Canadian AI Index

Companies / Ranovus

Ranovus

Ranovus is an AI hardware and semiconductors company based in Ottawa, Ontario. It received a C$2M grant in August 2025 from Invest Ontario.

Co-packaged optics and quantum-dot laser interconnects for AI compute clusters (Odin platform).

ranovus.com

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Founded
2012
HQ
Ottawa, ON
Category
AI Hardware/Semiconductors
Status
Active
Disclosed raised
C$2M

Funding history

RoundDateAmountInvestors
GrantAug 20, 2025 C$2MInvest Ontario (lead). Up to C$2M through the Invest Ontario Fund toward a C$100M expansion of the Ottawa optical semiconductor manufacturing facility, 125 new jobs. The C$100M is company investment, not a round

Founders

Also backed by

Investors listed on their own portfolio pages or in reported coverage. Round details are not tracked in the Index.

MaRS Investment Accelerator Fund

In the newsletter

Sources

Data as of November 10, 2026.

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