Top Semiconductor Companies in Canada (2026 Update)
BounceWatch lists 49 Semiconductor companies in Canada. Half were founded in 2015 or later. 55% have a recorded funding round, 1 in the last twelve months. Most are based in Toronto, Montreal and Edmonton.
- Companies
- 49
- Median founded
- 2015
- of 46 with a year
- Raised funding
- 55%
- 27 companies
- Hiring now
- 1
- companies with open roles
What changed at these 49 companies recently?
We recorded 20 changes here in the last 180 days, including 8 awards, 5 product launches, 3 funding events, 3 traction updates and 1 expansion moves. Each entry below carries the date we observed it, from public sources.
-
SpaceBridge
— New Product Launched
-
KA Imaging Inc.
— Grant Received
-
Cooledge Lighting Inc.
— New Product Launched
-
Boréas Technologies
— Growth Metrics Shared
-
Gamotech
— Fundraising Intent
-
Ayrton Energy
— Expansion Announced
-
Octasic
— Growth Metrics Shared
-
DIGITHO
— Award Received
Showing 49 Companies
| Company | City | Founded | Focus | Services | Target Customers | Business Model | Revenue Model | Employees | Funding Stage | |
|---|---|---|---|---|---|---|---|---|---|---|
|
|
Tenstorrent
Run anything. Run anywhere. |
|
2016 |
AI Computing
Computer Architecture
+12
|
AI Compute Solutions
Hardware Manufacturing
+2
|
Tech Companies
Research Institutions
+3
|
B2B
Open Source
+1
|
Licensing
Product Sales
+1
|
1,218 | Series D |
|
|
Norcada
MEMS and Photonics |
|
2001 |
MEMS Devices
Photonics Products
+12
|
Manufacture Of Advanced Scientific Research Products
Custom Engineered Solutions For Scientific Equipment
+1
|
Scientific Researchers
Academic Institutions
+1
|
B2B
E Commerce
+1
|
Product Sales
Project Based
+1
|
35 | Grant |
|
|
FLITE Material Sciences Corpor...
making everyday materials extraordinary |
|
2018 |
Surface Engineering
Industrial Applications
+12
|
Laser Surface Functionalization
Open-Air Diamond-Like Coatings
+3
|
Aerospace Industry
Automotive Industry
+3
|
B2B
B2G
+1
|
Service Fee
Project Based
+1
|
4 | Non Equity Assistance |
|
|
One Silicon Chip Photonics
An Integrated Precise and Reliable Motion Sensing Solut… |
|
2015 |
ADAS
Photonics Integrated Circuit...
+13
|
— | — | — | — | 14 | Seed |
|
|
DIGITHO
Reprogrammable Photomask for Direct Lithography for Sem… |
|
2021 |
Traceability
Microchip
+4
|
Reprogrammable Photomasks For Photolithography
Microchip Serialization For Secure Traceability
+2
|
Semiconductor Manufacturers
Automotive Industry Stakeholders
+2
|
B2B
Platform
+1
|
Subscription
Product Sales
+1
|
8 | Seed |
|
|
Boréas Technologies
Driving the Haptic Revolution Through Low Power Electro… |
|
2016 |
Haptic Technology
Low Power Electronics
+10
|
Piezo Driver Development
Haptic Solutions
+3
|
Electronics Manufacturers
Haptic Technology Integrators
+3
|
B2B
Platform
+1
|
Product Sales
Service Fee
+1
|
40 | Series B |
|
|
Stathera, Inc.
Breakthrough Silicon Timing Technology |
|
2015 |
MEMS Timing Solutions
Timing Technology
+12
|
Software Development
Data Analytics
+1
|
Businesses Seeking Data Analysis Solutions
Companies Needing Communication Tools
+1
|
B2B
B2B2B
|
— | 33 | Series B |
|
|
McGuire Aero Propulsion Soluti...
Transformative, Net-Zero Power Generation |
|
2015 |
Power Generation
Net-zero Emissions
+8
|
Domain Parking And Registration
|
Individuals Or Businesses Looking To Park Or Register A Domain
|
B2B
Platform
|
Product Sales
Project Based
+1
|
5 | Grant |
|
|
Permalution
Tapping into floating water: Cloud, fog and steam |
|
2020 |
Technology
Innovation
+4
|
Climate Adaptation Solutions
Fog Water Harvesting
+1
|
Agricultural Industry
Data Centers
+3
|
B2B
B2G
+1
|
Product Sales
Project Based
+1
|
8 | Grant |
|
|
Cooledge Lighting Inc.
Light as a building material |
|
2009 |
Light Building Materials
Luminous Ceilings
+13
|
Design And Manufacturing Of Immersive Lighting Solutions
Integration Of Acoustic And Lighting Solutions
+2
|
Architects
Interior Designers
+6
|
B2B
B2B2B
+1
|
Product Sales
Project Based
+1
|
61 | Secondary Market |
|
|
HaiLa
Ultra Low Power RF |
|
2019 |
Wireless Connectivity
Fabless
+5
|
Low-power RF Connectivity Solutions
Automation Solutions
+1
|
Building Management Companies
Homeowners Looking For Smart Solutions
+4
|
B2B
White Label
+1
|
Product Sales
Licensing
|
34 | Venture round |
|
|
Prairie Clean Energy
Abundant, secure, sustainable biomass fuel. |
|
2020 |
Biomass Fuel
Clean Energy
+12
|
Aggregating And Processing Agricultural Residue
Producing Flax Fibre For Biomaterials
+2
|
Pulp And Paper Industry
Biomaterial Companies
+4
|
B2B
B2C
+1
|
Product Sales
One Time Purchase
|
13 | Grant |
|
|
Gamotech
Our goal is to cut down carbon emissions in maintenance… |
|
2019 |
Cleantech
Zero Emission
+12
|
Trailer-based Mobile Workstations
Truck-integrated Power Units
+1
|
Municipal Services
Commercial Fleet Operators
+2
|
B2B
B2G
|
Product Sales
One Time Purchase
+1
|
11 | — |
|
|
Ayrton Energy
Breaking the limits of hydrogen storage |
|
2021 |
Hydrogen Storage
Proprietary Technology
+12
|
Hydrogen Storage And Transportation Solutions
Development Of E-LOHC™ Technology
+1
|
Hydrogen Producers
Transporters Of Hydrogen
+2
|
B2B
B2B2B
+1
|
Product Sales
Licensing
+1
|
24 | Grant |
|
|
Astrus
AI for superhuman microchip design, software that empow… |
|
2022 |
Analog IC Design
Microchip Design
+6
|
Analog Microchip Design Automation
AI-based Semiconductor Physics Modeling
+2
|
Analog Design Engineers
Semiconductor Manufacturers
+2
|
B2B
SaaS
+1
|
Subscription
Usage Based
+1
|
23 | Pre-Seed |
|
|
Octasic
We solve complex real-world wireless and media processi… |
|
1998 |
Wireless Baseband Processing
Media Processing
+11
|
Modular RF Mission Applications
Software-Defined Mission Flexibility
+3
|
Defense Industry
Law Enforcement Agencies
+3
|
B2B
B2G
+1
|
Product Sales
Licensing
+1
|
197 | Series B |
|
|
KA Imaging Inc.
Innovative x-ray everywhere. |
|
2015 |
X-ray Imaging
Medical Devices
+12
|
Development Of X-ray Imaging Technologies
SpectralDR X-ray Systems
+2
|
Hospitals
Industrial Labs
+4
|
B2B
B2G
|
Product Sales
Service Fee
|
42 | Non Equity Assistance |
|
|
SPARK Microsystems
LE-UWB™ Wireless Technology Deterministic Wireless.™ De… |
|
2016 |
Ultra-Low Power Wireless Com...
UWB (Ultra-Wideband)
+13
|
Ultra-low Power Wireless Technology
Ultra-wideband Design And Development
+2
|
IoT Developers
Gaming Device Manufacturers
+4
|
B2B
Platform
|
Product Sales
Licensing
|
92 | Series B |
|
|
Ecotime
Tapping into unsused resources |
|
2017 |
Water Recycling
Energy Recycling
+7
|
— | — | — | — | 7 | Grant |
|
|
Accelovant
The Future of Fiber Optic Sensing |
|
2017 |
Fiber Optic Sensing
Materials Science
+11
|
— | — | — | — | 10 | Grant |
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