Innovation, Science and Economic Development Canada
Overview
Innovation, Science and Economic Development Canada (ISED) works with Canadians in all areas of the economy and in all parts of the country to improve conditions for investment, enhance Canada's innovation performance, increase Canada's share of global trade and build a fair, efficient and competitive marketplace . The department is responsible for regulating industry and commerce, promoting science and innovation, and supporting economic development .
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Xanadu Quantum Technologies Limited | Dec 2025 | Grant | Lead |
| Photonic Inc | Dec 2025 | Grant | Co-investor |
| Svante | Jul 2021 | Grant | Co-investor |
| MindBridge | Jun 2019 | Grant | Co-investor |
| Rove | Jul 2024 | Grant | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Innovation, Science and Economic Development Canada based?
Innovation, Science and Economic Development Canada is headquartered in Ottawa, Ontario, Canada.
When was Innovation, Science and Economic Development Canada founded?
Innovation, Science and Economic Development Canada was founded in 1892.
How many portfolio companies does Innovation, Science and Economic Development Canada have?
Innovation, Science and Economic Development Canada has 88 portfolio companies in Caplight's dataset.
What are some companies in Innovation, Science and Economic Development Canada's portfolio?
Portfolio companies visible on Caplight include Xanadu Quantum Technologies Limited, Photonic Inc, Svante, MindBridge, Rove.
What was Innovation, Science and Economic Development Canada's most recent investment shown here?
Innovation, Science and Economic Development Canada's most recent investment in this portfolio sample was in Xanadu Quantum Technologies Limited in 2025.
What sectors does Innovation, Science and Economic Development Canada focus on?
Innovation, Science and Economic Development Canada focuses on Telecommunications & Networking, Healthcare & Life Sciences, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Frontier & Industrial Tech, Healthcare & Life Sciences, Healthcare & Life Sciences, Consumer & Commerce, Healthcare & Life Sciences, Consumer & Commerce, Healthcare & Life Sciences, Healthcare & Life Sciences, Telecommunications & Networking, Healthcare & Life Sciences, Energy & Sustainability, Real Estate & PropTech, Consumer & Commerce, Energy & Sustainability, Frontier & Industrial Tech, Frontier & Industrial Tech, Enterprise Software, Cybersecurity, Frontier & Industrial Tech, Enterprise Software, Healthcare & Life Sciences, Energy & Sustainability, Real Estate & PropTech, Healthcare & Life Sciences, Energy & Sustainability, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Energy & Sustainability, Healthcare & Life Sciences, Consumer & Commerce, Healthcare & Life Sciences, Healthcare & Life Sciences, Enterprise Software, Healthcare & Life Sciences, Telecommunications & Networking, Mobility, Transportation & Logistics, Healthcare & Life Sciences, Cybersecurity, Cybersecurity, Healthcare & Life Sciences, Enterprise Software, Frontier & Industrial Tech, Healthcare & Life Sciences, Energy & Sustainability, Frontier & Industrial Tech, Energy & Sustainability, Healthcare & Life Sciences, Mobility, Transportation & Logistics, Frontier & Industrial Tech, Real Estate & PropTech, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, Enterprise Software, Frontier & Industrial Tech, Energy & Sustainability, Cybersecurity, AI, Data & Cloud Infrastructure, Consumer & Commerce, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Enterprise Software, Frontier & Industrial Tech, Energy & Sustainability, Healthcare & Life Sciences, Energy & Sustainability, Enterprise Software, Healthcare & Life Sciences, Energy & Sustainability, Enterprise Software, Media, Entertainment & Gaming, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Enterprise Software, Frontier & Industrial Tech, Telecommunications & Networking, Consumer & Commerce, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Enterprise Software, Media, Entertainment & Gaming, Crypto & Web3, Frontier & Industrial Tech, Enterprise Software, Enterprise Software, Mobility, Transportation & Logistics, FinTech, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, Frontier & Industrial Tech, Enterprise Software, Real Estate & PropTech, Real Estate & PropTech, Frontier & Industrial Tech, Enterprise Software, Media, Entertainment & Gaming, Mobility, Transportation & Logistics, Consumer & Commerce, Enterprise Software, Enterprise Software, Energy & Sustainability, Frontier & Industrial Tech, Consumer & Commerce, Telecommunications & Networking, Healthcare & Life Sciences, Frontier & Industrial Tech, Consumer & Commerce, Frontier & Industrial Tech, Frontier & Industrial Tech, Enterprise Software, Enterprise Software, Consumer & Commerce, Enterprise Software, AI, Data & Cloud Infrastructure, Consumer & Commerce, Frontier & Industrial Tech, Consumer & Commerce, Enterprise Software, Enterprise Software, Enterprise Software, Mobility, Transportation & Logistics, Frontier & Industrial Tech, Healthcare & Life Sciences, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, Mobility, Transportation & Logistics, Mobility, Transportation & Logistics, Enterprise Software, Frontier & Industrial Tech, Consumer & Commerce, Mobility, Transportation & Logistics, Frontier & Industrial Tech, Consumer & Commerce, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Frontier & Industrial Tech, Enterprise Software, Healthcare & Life Sciences, Mobility, Transportation & Logistics, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech.
What company stages does Innovation, Science and Economic Development Canada focus on?
Innovation, Science and Economic Development Canada typically invests at the MultiStage stage.
What is Innovation, Science and Economic Development Canada's AUM?
Innovation, Science and Economic Development Canada's assets under management are estimated between $1.0B and $10.0B.