Startups That Raised Funding in Montreal

NorthStar Earth & Space

Location: Montreal, Canada

Funding: Secures Over CAD$40M

Date: 9 days ago

NorthStar Earth & Space provides space-based sensor data and analytical services for space situational and domain awareness, enabling defense and commercial operators to detect, track, and mitigate potential threats to spacecraft and enhance the resilience of space operations.

Réseau express métropolitain (REM)

Location: Montreal, Quebec, Canada

Website: rem.info

Funding: raises $1.85 billion

Date: 11 days ago

Réseau express métropolitain (REM) is an automated light rail rapid transit network in Montreal, Quebec, providing electric train service to connect urban and suburban areas and bolster public transportation capacity.

Morocco Strategic Minerals Corporation

Location: Montreal, Canada

Funding: Raises $7.5 M

Date: 50 days ago

Morocco Strategic Minerals Corporation is a Montreal-based mineral exploration company that identifies, evaluates, and develops mining assets, with a focus on strategic resource projects in Morocco.

SmartD Technologies

Location: Montreal, Quebec, Canada

Website: smartd.tech

Funding: Secures $15M

Date: 85 days ago

SmartD Technologies develops silicon carbide-based variable frequency drives to deliver high-efficiency, high-performance motor control solutions for industrial applications.

MTY Food Group

Location: -

Funding: Raised to C$49.00

Date: 126 days ago

MTY Food Group is a Canadian restaurant franchisor operating a diverse portfolio of quick-service, fast casual, and casual dining brands, providing franchise development, support services, and supply chain solutions to partners globally.

MTY Food Group

Location: -

Funding: Raised to C$48.00

Date: 126 days ago

MTY Food Group is a Canadian restaurant franchisor and operator that owns and franchises a diversified portfolio of quick-service and casual dining brands across North America, providing support in marketing, training and supply chain management to its franchisees.

Secai

Location: Montreal, Canada

Website: secai.ca

Funding: Raises $6.2M

Date: 132 days ago

Secai is a Montreal-based healthtech company offering a government-certified voice AI platform, Voxira, to automate front desk and exam room workflows in clinics, improving patient access and administrative efficiency.

Aya Gold & Silver

Location: Canada

Website: ayagoldsilver.com

Funding: Raised to C$39.00

Date: 133 days ago

Aya Gold & Silver is a Montreal-based mining company specializing in the exploration, development, and production of gold and silver, notably through its flagship Zgounder silver mine in Morocco.

Stingray Group

Location: -

Funding: Raised to C$21.00

Date: 134 days ago

Stingray Group is a Canadian media and technology company that offers music and audio content via radio channels, streaming services, digital signage solutions and mobile apps for consumer and commercial markets.

Bombardier

Location: Montreal, Quebec, Canada

Website: bombardier.com

Funding: secures $1.18

Date: 135 days ago

Bombardier is a Canadian manufacturer of business jets, providing design, production and support services for high-performance corporate aircraft to clients worldwide.

Kainova Therapeutics

Location: Montreal, Canada

Website: kainovatx.com

Funding: Secures $32M

Date: 136 days ago

Kainova Therapeutics is a clinical-stage biopharmaceutical company developing breakthrough immuno-oncology and inflammation therapies aimed at delivering novel treatments for patients.

Saputo

Location: -

Funding: Raised to C$47.00

Date: 137 days ago

Saputo Inc. is a leading dairy processing company that produces, markets, and distributes cheese, milk, and other dairy products to retailers, foodservice operators, and distributors worldwide.

Kaster Technologies

Location: Montreal, Canada

Website: kaster.ca

Funding: raises $1.6 m

Date: 137 days ago

Kaster Technologies is a Polytechnique Montréal spinoff that develops advanced algorithms to optimize pharmaceutical manufacturing and distribution, reducing drug shortages and ensuring consistent drug supply for pharmacies.

5N Plus

Location: -

Funding: Raised to C$33.00

Date: 139 days ago

5N Plus is a global producer of advanced specialty materials, providing high-purity metals and compounds for semiconductors, solar energy, pharmaceuticals and other high-tech applications.

5N Plus

Location: -

Funding: Raised to C$30.00

Date: 141 days ago

5N Plus produces and supplies high-purity metal compounds and engineered materials used in electronics, renewable energy and semiconductor applications, providing critical specialty chemicals that enable advanced technology manufacturing.

Alithya Group

Location: -

Funding: Raised to C$3.00

Date: 147 days ago

Alithya Group is a Montreal-based technology consulting firm specializing in digital strategy, business transformation, and IT services, helping organizations implement and optimize enterprise solutions and data-driven initiatives.

Saputo

Location: -

Funding: Raised to C$41.00

Date: 154 days ago

Saputo Inc. is a leading global dairy processing company that produces, markets and distributes a wide range of dairy products, including cheese, milk, cream and other value-added dairy offerings.

Air Canada

Location: Canada

Website: aircanada.com

Funding: Raised to C$24.00

Date: 160 days ago

Air Canada is Canada’s largest airline, providing scheduled passenger and cargo air transportation across domestic and international routes, with a focus on operational efficiency and customer service.

Champion Iron

Location: -

Funding: Raised to C$7.00

Date: 182 days ago

Champion Iron is a Canadian iron ore mining company that develops and operates the high-grade Bloom Lake mine in Quebec, supplying premium iron ore to global steelmakers.

Saputo

Location: Montreal, Quebec, Canada

Funding: Raised to C$45.00

Date: 189 days ago

Saputo is a leading Canadian dairy processing company that produces and markets a wide range of dairy products, including cheese, milk, and yogurt, to retail, foodservice, and industrial customers worldwide.

Transcontinental

Location: Montreal, Quebec, Canada

Website: transcontinental.com

Funding: Raised to C$28.00

Date: 196 days ago

Transcontinental Inc. is a Montreal-based company specializing in flexible packaging, label manufacturing and commercial printing services, serving consumer packaged goods, retail and publishing clients.

Transcontinental

Location: Montreal, Quebec, Canada

Website: transcontinental.com

Funding: Raised to C$27.00

Date: 196 days ago

Transcontinental is a Canadian company specializing in commercial printing, publication production, and flexible packaging solutions, serving consumer goods and media clients across North America.

Laurentian Bank of Canada

Location: Canada

Funding: Raised to C$40.50

Date: 197 days ago

Laurentian Bank of Canada is a Montreal-based chartered bank providing personal and commercial banking, wealth management, brokerage, and insurance services, with a focus on serving individuals, small and mid-sized businesses, and institutional clients.

Osisko Development

Location: Canada

Funding: Raised to C$9.00

Date: 198 days ago

Osisko Development is a Canadian gold exploration and development company focused on advancing high-grade precious metal projects, including the flagship Windfall Lake gold deposit in Quebec.

INLAN

Location: Montreal, Canada

Funding: Secures US$ 5M

Date: 198 days ago

INLAN is a Montreal-based deep-tech IoT company developing next-generation battery-less IoT tags and AI-ready data infrastructure to enable scalable, maintenance-free tracking solutions for global supply chains.

Laurentian Bank of Canada

Location: Canada

Funding: Raised to C$40.50

Date: 205 days ago

Laurentian Bank of Canada is a Montreal-based financial institution providing personal and business banking, wealth management, and specialized lending solutions to clients across Canada.

David's Tea

Location: Montreal, Canada

Website: davidsTEA.com

Funding: Closes $3.0 M

Date: 219 days ago

David's Tea is a Canadian specialty tea retailer offering a diverse selection of premium loose-leaf teas, custom blends, and tea accessories through its retail stores and online platform, emphasizing unique flavors and a personalized customer experience.

Stingray Group

Location: -

Funding: Raised to C$16.00

Date: 222 days ago

Stingray Group is a Canadian media and technology company that delivers multi-platform music and video content, offering curated digital music channels, background music services, and broadcast solutions to TV networks, radio stations, and businesses.

Adentra

Location: -

Funding: Raised to C$46.00

Date: 224 days ago

Adentra is a Canada-based contract research organization offering a suite of outsourced clinical development services, including regulatory affairs, pharmacovigilance and clinical operations. The company provides customized solutions to streamline drug development, ensure regulatory compliance and accelerate time-to-market for pharmaceutical and medical device clients.

Stingray Group

Location: -

Funding: Raised to C$19.00

Date: 225 days ago

Stingray Group is a Montreal-based provider of music and media content services, offering streaming, distribution, and advertising solutions to businesses and consumers.

Saputo

Location: Montreal, Quebec, Canada

Website: saputo.com

Funding: Raised to C$37.00

Date: 228 days ago

Saputo is a Canadian dairy processor based in Montreal that manufactures and distributes a broad portfolio of dairy products, including cheese, milk, and cream, to retail, foodservice, and industrial customers worldwide.

Flare

Location: Montreal, Quebec, Canada

Website: flare.io

Funding: Secures $30 M

Date: 233 days ago

Flare offers a cloud-based telecom expense management platform that helps enterprises optimize and control their communications spending through analytics, procurement, and managed services, driving cost savings and operational efficiency.

Aya Gold & Silver

Location: -

Funding: Raised to C$17.50

Date: 280 days ago

Aya Gold & Silver is a Canadian precious metals mining company focused on the exploration, development, and production of gold and silver assets, primarily operating its Tangier and Zgounder mines in Morocco.

Bitmine Immersion Technologies, Inc.

Location: -

Funding: Raises ETH Treasury to $9 Billion

Date: 284 days ago

Bitmine Immersion Technologies develops immersion-cooled, GPU-accelerated computing infrastructure for efficient cryptocurrency mining and AI workloads, while strategically building a significant Ethereum treasury.

Saputo

Location: -

Funding: Raised to C$34.00

Date: 316 days ago

Saputo is a leading global dairy processing company based in Montreal, Canada. It manufactures and distributes a wide range of dairy products—including cheese, milk, and cream—to retail, foodservice, and ingredient customers.

AssistIQ

Location: Montreal, Canada

Website: assistiq.com

Funding: raises $11.5M

Date: 394 days ago

AssistIQ provides AI-enabled computer vision technology for hospitals, offering real-time supply tracking solutions to optimize supply chain management in operating and procedural rooms.

Novisto

Location: Montreal, Canada

Website: novisto.com

Funding: Raises $27M

Date: 402 days ago

Novisto develops software that helps organizations manage and report on sustainability data, enabling improved ESG (Environmental, Social, and Governance) performance and compliance.

Osisko Gold Royalties Ltd

Location: -

Funding: Raises Dividend to $0.06

Date: 409 days ago

Osisko Gold Royalties Ltd is a precious metals royalty company that acquires and manages royalties and streams primarily focused on gold and other metals, providing investors with exposure to the resource sector without direct mining operations.

Air Canada

Location: Canada

Website: aircanada.com

Funding: raised to $25.00

Date: 410 days ago

Air Canada is Canada’s flag carrier airline, providing passenger and cargo air transportation services across a global network with a focus on safety, customer experience, and operational efficiency.