Innovation for Defence Excellence and Security
Overview
Innovation for Defence Excellence and Security (IDEaS) is a Government of Canada program administered by the Department of National Defence that provides funding to Canadian innovators to solve defence and security challenges.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Xanadu Quantum Technologies Limited | Jul 2025 | Grant | Co-investor |
| North Vector Dynamics | Aug 2025 | Grant | Co-investor |
| Tacteris Systems Inc. | Jun 2021 | Grant | Co-investor |
| EPIC Semiconductors | Mar 2023 | Grant | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Innovation for Defence Excellence and Security based?
Innovation for Defence Excellence and Security is headquartered in Ottawa, Ontario, Canada.
When was Innovation for Defence Excellence and Security founded?
Innovation for Defence Excellence and Security was founded in 2018.
How many portfolio companies does Innovation for Defence Excellence and Security have?
Innovation for Defence Excellence and Security has 11 portfolio companies in Caplight's dataset.
What are some companies in Innovation for Defence Excellence and Security's portfolio?
Portfolio companies visible on Caplight include Xanadu Quantum Technologies Limited, North Vector Dynamics, Tacteris Systems Inc., EPIC Semiconductors.
What was Innovation for Defence Excellence and Security's most recent investment shown here?
Innovation for Defence Excellence and Security's most recent investment in this portfolio sample was in North Vector Dynamics in 2025.
What sectors does Innovation for Defence Excellence and Security focus on?
Innovation for Defence Excellence and Security focuses on Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Energy & Sustainability, Cybersecurity, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Enterprise Software, Mobility, Transportation & Logistics, Frontier & Industrial Tech, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Telecommunications & Networking, Mobility, Transportation & Logistics, Cybersecurity, Energy & Sustainability.
What company stages does Innovation for Defence Excellence and Security focus on?
Innovation for Defence Excellence and Security typically invests at the MultiStage stage.
What is Innovation for Defence Excellence and Security's AUM?
Innovation for Defence Excellence and Security's assets under management are estimated between $1.2B and $1.2B.