The Canadian AI Index

Investors / Government of Canada — Strategic Innovation Fund

Government of Canada — Strategic Innovation Fund

Government of Canada — Strategic Innovation Fund is a government or Crown investor based in Canada. Government of Canada — Strategic Innovation Fund has backed 2 Canadian AI companies in the Index, joining 2 tracked rounds and leading 2. The most recent was Coveo's C$15.2M grant in September 2024.

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

Suggest a correction

Type
Government/Crown
HQ country
Canada
Companies
2
Tracked rounds
2
Led
2
First tracked deal
Aspect Biosystems, Jul 2024
Latest tracked deal
Coveo, Sep 2024

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
CoveoGrant · Sep 2024 · C$15.2M round (lead)C$15.2MLead
Aspect BiosystemsGrant · Jul 2024 · C$72.8M round (lead)C$151.8MLead

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

Frequent co-investors

Government of British Columbia (1 shared round)

Data as of November 10, 2026.

Support the Index by subscribing to the newsletter.

This database updates weekly. Get the update, plus the week's Canadian AI news, by email.

Subscribe on Substack

Opens Substack in a new tab.