Innovation, Science and Economic Development Canada

Innovation, Science and Economic Development Canada

Ottawa, Ontarioised-isde.canada.ca

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 .

Year Founded

1892

Portfolio Companies

17

Investments

CompanyDateStageLead
XanaduDec 2025GrantCo-investor
XanaduJun 2025GrantLead
Aramis BiotechnologiesDec 2024DebtLead
7mesh Industries Inc.Oct 2024GrantCo-investor
SmileSonica Inc.Sep 2024GrantCo-investor

Sector & Stage Mix

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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Firmographic Details

HeadquartersOttawa, Ontario
Year Founded1892

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