About Industrial Robotics sector in Canada
The Industrial Robotics sector in Canada comprises 67 companies, including 24 funded companies having collectively raised $538M in venture capital money and private equity. Out of these, 17 are Series A+ funded.
Industrial Robotics sector in Canada has seen 7 acquisitions and 1 IPO. This represents almost 11.9% of all such companies - which is higher than the 5.3% exit rate of tech companies in general.
This sector includes companies that develop robots to perform/automate tasks such as material handling, metal fabrication, welding, etc. in manufacturing facilities and factories.
Industrial Robotics sector is also known as Manufacturing Robots or Industrial Automation.
Companies included in Industrial Robotics
Companies which develop robots that automate (sometimes intelligent automation) a task primarily in the manufacturing facilities and factories (production lines, warehouse automation). The feed also includes companies that develop software (computer vision, autopilots, etc) or hardware modules (sensors, actuators, etc) specifically for industrial robots.Companies excluded in Industrial Robotics
Companies that offer robots to perform tasks in consumer robots, professional robots used specifically for commercial use cases and service companies that offer services for robots such as rentals, repairing, maintenance, etcTop Industrial Robotics Companies in Canada
There are more than 67 companies in Industrial Robotics in Canada. Vention is the top Industrial Robotics company in Canada, ranked using Tracxn Score (what's this?).
Here are 5 of the top Industrial Robotics companies in Canada:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of a modular hardware and software platform for industrial automation | Montreal (Canada) | 2016 | Series C | $153M | |
Provider of a collaborative welding robot system | North Vancouver (Canada) | 2013 | Series B | $53.1M | |
Provider of artificial intelligence and robotics solutions | Vancouver (Canada) | 2017 | Series A | $100M | |
Developer of robotic arms for personal assistance and research purposes | Boisbriand (Canada) | 2006 | Series B | $57M | |
Industrial AI driven control system developer that enables sustainable manufacturing | Toronto (Canada) | 2022 | Seed | $8M |
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Companies founded year-on-year in the Industrial Robotics sector in Canada
6 Industrial Robotics startups in Canada were founded in 2016 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | - |
2024 | 1 |
2023 | - |
2022 | 1 |
2021 | 3 |
2020 | 1 |
2019 | 2 |
2018 | 3 |
2017 | 5 |
2016 | 6 |
Stage-wise distribution of Industrial Robotics sector companies in Canada
Out of the total 67 Industrial Robotics companies in Canada, 24 have secured funding. Among them, 17 have reached Series A or higher, and 12 to Series B or beyond.
Founded - 67
Funded - 24
Series A+ - 17
Series B+ - 12
Series C+ - 9
Company Stage | No. of companies |
|---|---|
Founded | 67 |
Funded | 24 |
Series A+ | 17 |
Series B+ | 12 |
Series C+ | 9 |
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Funding Trends in the Industrial Robotics sector in Canada
Total funding year-on-year in the Industrial Robotics sector in Canada
The Industrial Robotics sector in Canada saw a total funding of more than $538M in the last 10 years. The most amount of funding was in 2022 at more than $245M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $75.6M |
2024 | $10.9M |
2023 | $17.6M |
2022 | $245M |
2021 | $49.7M |
2020 | $70.4M |
2019 | $15.2M |
2018 | $27M |
2017 | $26M |
Recent Funding Rounds in Industrial Robotics in Canada
In the year 2025, till September 2025, Industrial Robotics companies in Canada have raised $75.6M in equity funding across 5 rounds.
In the same period last year (i.e. till July 2024), Industrial Robotics companies in Canada had raised $10.9M across 6 rounds.
So, 2025 has seen a 592.99% rise in funding in Industrial Robotics companies in Canada as compared to 2024.
Here are some recent, important funding rounds in Industrial Robotics companies in Canada:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series B | 6535 | Sep 05, 2025 | ||
Seed | 7760 | Apr 14, 2025 | ||
Series B | 7786 | Mar 11, 2025 | ||
Series A | 6218 | Feb 27, 2025 | ||
Series A | 3328 | Jan 24, 2025 | - |
Top Investors in Industrial Robotics in Canada
Plug and Play Tech Center is the top investor in Industrial Robotics companies in Canada based on number of companies invested.
Here are some top investors in Industrial Robotics companies in Canada:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | - | |
Montreal (Canada) | ||
Ottawa (Canada) | ||
Montreal (Canada) | Vention and Omnirobotic | |
Zurich (Switzerland) | - |
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M&A activity in Industrial Robotics sector in Canada
In the year 2025, till September 2025, 2 acquisitions happened in Industrial Robotics sector in Canada.
Here are some recent, important acquisitions in Industrial Robotics sector in Canada:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Sep 12, 2025 | ||
Business Acquisition | Aug 28, 2025 | ||
Business Acquisition | Jun 01, 2019 | ||
Business Acquisition | Feb 06, 2019 | ||
Business Acquisition | Sep 24, 2015 |
Acquisition trends in Industrial Robotics sector in Canada
Here are the acquisition trends in Industrial Robotics sector in Canada:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2025 | 2 |
2024 | - |
2023 | - |
2022 | - |
2021 | - |
2020 | - |
2019 | 2 |
2018 | - |
2017 | - |
2016 | - |
IPOs in Industrial Robotics in Canada
In the year 1998, till July 1998, 1 IPO happened in Industrial Robotics sector in Canada.
Here are some recent, important IPOs in Industrial Robotics sector in Canada:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Jul 27, 1998 | Toronto Stock Exchange (TSX) |
Colleges which produce the most Industrial Robotics companies in Canada
Companies founded by alumni from top colleges in the Industrial Robotics in Canada
Most number of Industrial Robotics startups in Canada have been founded by alumni from University of Toronto, Harvard Business School and Harvard University.
College | No. of companies |
|---|---|
University of Toronto | 3 |
Harvard Business School | 1 |
Harvard University | 1 |
Massachusetts Institute of Technology | 1 |
Stanford University | 1 |
University of Waterloo | 1 |
Total funding in Industrial Robotics companies founded by alumni from top colleges in Canada
In the last 10 years, Harvard Business School and Harvard University graduates' Industrial Robotics companies in Canada have raised the most funding among top colleges, and Stanford University alumni are third.
College | Total Funding |
|---|---|
Harvard Business School | $153M |
Harvard University | $153M |
Stanford University | $23.2M |
University of Toronto | $6.59M |
University of Waterloo | $6.59M |
Massachusetts Institute of Technology | - |
Top News in Industrial Robotics in Canada
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Vention's AI-powered automation controller, with built-in cellular, is now commercially available.
RoboticsTomorrow•May 05, 2025•Vention
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Miller Electric, Novarc Technologies announce partnershipCanadian Metalworking•Feb 27, 2025•Novarc Technologies, Miller
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Miller Electric Mfg. LLC and Novarc Technologies Forge PartnershipGlobeNewswire•Feb 25, 2025•Miller, Novarc Technologies
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Bota Systems partners with Kinova to add sense of touch to AI roboticsThe Robot Report•Jan 18, 2025•Kinova, Bota Systems
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