How many total Spatial Computing companies are there in Canada?

As of November 2026, Canada has 530 active Spatial Computing companies.

How many Spatial Computing companies in Canada are funded?

As of November 2026, 182 companies have received funding in this sector.

What is the total funding raised by Spatial Computing companies in Canada?

Spatial Computing companies in Canada have collectively raised $836M in funding till date.

Which is the highest funded Spatial Computing company in Canada?

As of November 2026, Veeda AI has raised $90M in funding, highest among the funded Spatial Computing companies in Canada.

How many Spatial Computing unicorns are there in Canada?

Canada has produced one unicorn in the Spatial Computing sector till date.

List of 682 Spatial Computing Startups in Canada & Market Trends (Nov 2026)

Q: Who are the top investors in Spatial Computing companies in Canada?

The top investors in Spatial Computing companies in Canada by number of investments are Plug and Play Tech Center and BDC.

The Spatial Computing sector in Canada comprises 682 companies, including 182 funded companies having collectively raised $836M in venture capital money and private equity. Out of these, 69 are Series A+ funded, and 1 has achieved unicorn status.

Spatial Computing sector in Canada has seen 32 acquisitions and 15 IPOs. This represents almost 6.9% of all such companies - which is higher than the 3.8% exit rate of tech companies in general.

This sector includes companies that develop various human computer interaction techniques that are perceived by users as taking place in the real world.

Spatial Computing sector is also known as Spatial Computing Solutions, Advanced Spatial Computing or Digital Spatial Computing.

Includes companies that manufacture AR/VR/XR display devices (head-mounted devices, smartphone-based headsets), gesture recognition hardware and applications, AR/VR applications, and metaverse platforms. Companies providing digital twin platforms are also covered here. Excludes service-based companies developing custom VR applications or digital twins. Companies developing applications and use cases that do not use spatial awareness are not included here.

Key Metrics

Total Companies

682

Top Companies

NexTech AR Solutions, Mappedin & more

Total Funding

$836M

Funded Companies

182

Series A+ Companies

Series C+ Companies

Unicorns Created

IPOs

Acquisitions

Also known as

Spatial Computing Solutions or Advanced Spatial Computing

View complete details of this sector

There are 682 Spatial Computing startups in Canada which include NexTech AR Solutions, Mappedin, Base Two, Airy 3D, Magicplan. Out of these, 182 startups are funded, with 69 having secured Series A+ funding, and 1 achieving unicorn status.

2026 has seen the creation of 9 Spatial Computing startups in Canada. Over the past 10 years, an average of 33 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University of Waterloo, University of Toronto and Harvard University.

1. NexTech AR Solutions

Provider of AI and augmented reality solutions for events and commerce. The company delivers 3D modeling, virtual photography, and product configuration. It offers event management, navigation, and team-building platforms. The business provides tools for creating immersive shopping experiences and managing events. It integrates with e-commerce platforms, offering security and compliance.

Key facts about NexTech AR Solutions

Founded Year: 2018
Location: Toronto (Canada)
Stage: Public
Total Funding till date: $2.1M
Investors: Super Ventures, Ecampusontario and 1 Other
Latest Funding Round: Post IPO, Oct 26, 2026, $*****
Tracxn Score: 69/100 What is this?
Competitors Rank: 1 of 62 Competitors

2. Mappedin

Provider of an indoor mapping platform. It provides solutions to create, visualize, and maintain maps for malls, stadiums, retail places, and offices. The cloud-based mapping solution provides developer tools and features CMS and analytical capabilities.

Key facts about Mappedin

Founded Year: 2011
Location: Waterloo (Canada)
Stage: Series B
Total Funding till date: $34.8M
Investors: FedDev Ontario, CEP and 10 Others
Latest Funding Round: Series B, Apr 07, 2026, $*****
Tracxn Score: 61/100 What is this?
Competitors Rank: 2 of 16 Competitors

View full list of companies in this sector

3. Base Two

Developer of an AI platform for manufacturing process optimization and control. The platform provides tools for connecting plant and lab databases, preparing data, and building digital twins. It offers recommendations to accelerate scale-up and optimize process quality control. The platform supports process engineers and modelers in streamlining operations and enhancing workflow efficiency.

Key facts about Base Two

Founded Year: 2022
Location: Toronto (Canada)
Stage: Series A
Total Funding till date: $17.2M
Investors: Glasswing Ventures, AXA Venture Partners and 14 Others
Latest Funding Round: Series A, Sep 26, 2024, $*****
Tracxn Score: 59/100 What is this?
Competitors Rank: 15 of 970 Competitors

4. Airy 3D

Developer of a 3D computer vision platform. It is is commercializing the world’s first passive, single sensor solution for 3D imaging that can be tailored to any camera sensor. Its Transmissive Diffraction Mask and computational imaging algorithms deliver profound savings in hardware, computation, and power usage. Coupled with the technology’s drop-in compatibility with standard camera sensors and lenses, it can bring 3D to users existing design in a size that is unmatched by other technologies without having to redesign your hardware and all the while maintaining your original 2D image.

Key facts about Airy 3D

Founded Year: 2015
Location: Montreal (Canada)
Stage: Series A
Total Funding till date: $13.5M
Investors: R7 Partners, Intel Capital and 6 Others
Latest Funding Round: Series A, Jul 17, 2018, $*****
Tracxn Score: 59/100 What is this?
Competitors Rank: 13 of 1,429 Competitors

5. Magicplan

MagicPlan is an AR-based visualization solution for building/creating floor plans & building models. The solution enables users to create floor plans using the phone's camera, add furnishings (from a list of cataloged items), create virtual tours with 360 panoramas, get automated markings/annotations (distance, surfaces, etc), and more. Additionally, users can also create estimation & take-off lists and conduct surveys. Its mobile app is available for iOS and Android devices.

Key facts about Magicplan

Founded Year: 2011
Location: Montreal (Canada)
Stage: Series A
Total Funding till date: $1.2M
Investors: Tekton Ventures and Partech Partners
Latest Funding Round: Series A, May 20, 2013, $*****
Tracxn Score: 58/100 What is this?
Competitors Rank: 9 of 2,362 Competitors

Access the full list of 682 Spatial Computing Startups in Canada

Companies founded year-on-year in the Spatial Computing sector in Canada

9 new startups have been founded so far in 2026 in the Spatial Computing sector in Canada. 67 Spatial Computing startups in Canada were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.

Total Number of Companies

Year	No. of companies
2026	9
2025	4
2024	10
2023	18
2022	27
2021	29
2020	47
2019	61
2018	67
2017	58

Stage-wise distribution of Spatial Computing sector companies in Canada

Out of the total 682 Spatial Computing companies in Canada, 182 have secured funding. Among them, 69 have reached Series A or higher, and 53 to Series B or beyond.

Founded - 682

Funded - 182

Series A+ - 69

Series B+ - 53

Series C+ - 51

Company Stage	No. of companies
Founded	682
Funded	182
Series A+	69
Series B+	53
Series C+	51

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Total funding year-on-year in the Spatial Computing sector in Canada

The Spatial Computing sector in Canada saw a total funding of more than $722M in the last 10 years. The most amount of funding was in 2022 at more than $171M. There has been a total funding of $129M in 2026 till date.

Total Funding

Year	Total Funding
2026	$129M
2025	$3.82M
2024	$27.4M
2023	$82M
2022	$171M
2021	$32.1M
2020	$52.5M
2019	$21.3M
2018	$76.3M
2017	$126M

Recent Funding Rounds in Spatial Computing in Canada

In the year 2026, till August 2026, Spatial Computing companies in Canada have raised $129M in equity funding across 3 rounds. In the same period last year (i.e. till July 2025), Spatial Computing companies in Canada had raised $2.04M across 4 rounds. So, 2026 has seen a 6210.4% rise in funding in Spatial Computing companies in Canada as compared to 2025.

Here are some recent, important funding rounds in Spatial Computing companies in Canada:

Company	Round Raised	Amount Raised	Funding Date	Investors
Veeda AI	Seed	1361	Aug 19, 2026	Radical Ventures and 2 more
Mappedin	Series B	9701	Apr 07, 2026	Edison Partners and 1 more
Haply	Seed	4676	Jan 30, 2026	Sound Media Ventures and 4 more
Deep Sight	Seed	8804	Sep 16, 2025	i4 Capital
ASETS	Seed	5763	Jul 22, 2025	Accel and 2 more

See a more detailed list of funding rounds

Plug and Play Tech Center is the top investor in Spatial Computing companies in Canada based on number of companies invested.

Here are some top investors in Spatial Computing companies in Canada:

Investor	Location	Top Portfolio Companies
Plug and Play Tech Center	Sunnyvale (United States)	Base Two
BDC	Montreal (Canada)	Haply, QRA, VEERUM and ThoughtWire
Accelerator Centre	Waterloo (Canada)	Xesto, Altius Analytics Labs, Visionary Semiconductor and Mirage VR
Felicis Ventures	Menlo Park (United States)	-
Eight Roads Ventures	London (United Kingdom)	-

See a more detailed list of investors

In the year 2026, till October 2026, 1 acquisition happened in Spatial Computing sector in Canada. Last year, in 2025, a total of 3 acquisitions happened in Spatial Computing sector in Canada.

Here are some recent, important acquisitions in Spatial Computing sector in Canada:

Company	Acquisition Type	Acquisition Date	Acquirers
ConeLabs	Business Acquisition	Oct 14, 2026	CONSOR
ARway	Business Acquisition	Dec 01, 2025	NexTech AR Solutions
IGUIDE	Business Acquisition	Oct 02, 2025	REA
LlamaZOO	Business Acquisition	May 26, 2025	KPMG
Ping DSP	Business Acquisition	Sep 04, 2023	NORBIT

See a more detailed list of acquisitions

Acquisition trends in Spatial Computing sector in Canada

Here are the acquisition trends in Spatial Computing sector in Canada:

Total Number of Acquisitions

Year	No. of companies
2026	1
2025	3
2024	-
2023	2
2022	5
2021	4
2020	1
2019	3
2018	3
2017	2

In the year 2026, till July 2026, 1 IPO happened in Spatial Computing sector in Canada.

Here are some recent, important IPOs in Spatial Computing sector in Canada:

Company	IPO Date	Exchange Symbol
Secur3D	Jul 17, 2026	Canadian Securities Exchange (CSE)
Toggle3D	Jun 14, 2023	Canadian Securities Exchange (CSE)
ARway	Nov 04, 2022	OTC Markets (OTCMKTS)
NexTech AR Solutions	Oct 28, 2022	Frankfurt Stock Exchange (FRA)
ARway	Oct 26, 2022	Canadian Securities Exchange (CSE)

See a more detailed list of IPOs

Companies founded by alumni from top colleges in the Spatial Computing in Canada

Most number of Spatial Computing startups in Canada have been founded by alumni from University of Waterloo, University of Toronto and Harvard University.

College	No. of companies
University of Waterloo	20
University of Toronto	10
Harvard University	3
IIT Delhi	2
Queen's University	2
Carnegie Mellon University	1
Cornell University	1
ETH Zurich	1
Grenoble Ecole de Management	1
Harvard Business School	1

Total funding in Spatial Computing companies founded by alumni from top colleges in Canada

In the last 10 years, University of Toronto graduates' Spatial Computing companies in Canada have raised the most funding among top colleges. ETH Zurich alumni are second, and University of Waterloo alumni are third.

College	Total Funding
University of Toronto	$93.7M
ETH Zurich	$90M
University of Waterloo	$47.6M
Melbourne Business School	$17M
Harvard University	$10.3M
University of Oxford	$7.76M
Hong Kong University of Science and Technology (HKUST)	$4.4M
Stanford University	$4.3M
Queen's University	$20K
Carnegie Mellon University	-