Canadian venture investment rebounded in 2025, driven largely by artificial intelligence. According to analysis by Inovia Capital using PitchBook data, Canadian companies raised US$5.6 billion, a 29 per cent increase year over year. AI-native firms captured 40 per cent of all venture dollars, up sharply from 2024 and double their share in 2015.
Canada outpaced peer economies including the U.K., France, Australia, and Germany. Inovia partner Kory Jeffrey cited global investor interest. Major contributors included Toronto-based Waabi and Cohere, which raised US$750 million and US$600 million respectively.
Want to know more? Check out the source code on The Logic.