The Canadian AI Index

Investors / FedNor

FedNor

FedNor is a government or Crown investor based in Canada. FedNor has backed 2 Canadian AI companies in the Index, joining 2 tracked rounds and leading 2. The most recent was LoopX's C$480K grant in February 2026.

Government/Crown based in Canada. 2 Canadian AI companies in the Index, 2 tracked rounds, 2 as lead.

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Type
Government/Crown
HQ country
Canada
Companies
2
Tracked rounds
2
Led
2
First tracked deal
Waive Medical, Sep 2025
Latest tracked deal
LoopX, Feb 2026

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
LoopXGrant · Feb 2026 · C$480K round (lead)C$480KLead
Waive MedicalGrant · Sep 2025 · C$67K round (lead)C$67KLead

A round's size is the whole round as announced, not this investor's cheque.

Data as of November 10, 2026.

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