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country profile · #6 of 40 countries

AI in Canada

AI investment in Canada has gone quiet — $4.5B raised all-time, but nothing new in the past year while US AI startups raised $208.8B in the same period.

funding · all-time
$4.5B
orgs
9
Quiet year
$0 raised in the past 12 months
AI investment in Canada has gone quiet — $4.5B raised all-time, but nothing new in the past year while US AI startups raised $208.8B in the same period.
6 companies, 0 datacenters
trains abroad
Canada has 6 AI companies but zero AI datacenters — every model trained here runs on someone else's machines.
1.3%
1.3% of US AI funding
Canada has raised $4.5B for AI — about 1.3% of America's total.

head-to-head

top 5 orgs of 9 total

see all 9 orgs
Cohere
Toronto
$1.6B
Sep 2025
Tenstorrent
Toronto
$1.2B
Dec 2025
Waabi
Toronto
$1.0B
Coveo
Quebec City
$358M
Ada
Toronto
$200M
Moonvalley
Toronto
$154M
Jul 2025
Borealis AI
Toronto
Mila
Montreal
Vector Institute
Toronto