byMediaBoost

Country comparison

Canada vs South Korea: startup funding compared

Since 9 June 2025, startups in Canada raised $4.8B across 114 rounds, 1.9 times South Korea's $2.5B.

CanadavsSouth Korea
$4.8BCapital raised$2.5B
114Rounds91
$6MMedian round$6.8M
0.7%Share of all capital0.4%
55%Early-stage rounds35%

Capital raised running total by month

$4.8B$2.4B Canada, end of Jun 25: $206MCanada, end of Jul: $392MCanada, end of Aug: $1.1BCanada, end of Sept: $1.1BCanada, end of Oct: $1.2BCanada, end of Nov: $2BCanada, end of Dec: $2BCanada, end of Jan 26: $3.2BCanada, end of Feb: $3.7BCanada, end of Mar: $3.9BCanada, end of Apr: $3.9BCanada, end of May: $4BCanada, end of Jun: $4.5BCanada, end of Jul: $4.5BCanada, end of Aug: $4.7BCanada, end of Sept: $4.7BCanada, end of Oct: $4.7BCanada, end of Nov: $4.8BSouth Korea, end of Jun 25: $22MSouth Korea, end of Jul: $194MSouth Korea, end of Aug: $214MSouth Korea, end of Sept: $478MSouth Korea, end of Oct: $478MSouth Korea, end of Nov: $490MSouth Korea, end of Dec: $490MSouth Korea, end of Jan 26: $557MSouth Korea, end of Feb: $692MSouth Korea, end of Mar: $1.3BSouth Korea, end of Apr: $1.6BSouth Korea, end of May: $1.9BSouth Korea, end of Jun: $1.9BSouth Korea, end of Jul: $1.9BSouth Korea, end of Aug: $1.9BSouth Korea, end of Sept: $1.9BSouth Korea, end of Oct: $2.5BSouth Korea, end of Nov: $2.5B Jun 25SeptDecMarJunSept
CanadaSouth Korea
Newsletter Startup rounds, in your inbox.

Free. Unsubscribe anytime.

Where the money goes share of capital by sector

Canada

  • AI43%$2.1B
  • Robotics & Hardware25%$1.2B
  • Other13%$611M
  • Enterprise software8%$372M
  • Fintech4%$190M
  • Health4%$181M

South Korea

  • AI77%$1.9B
  • Robotics & Hardware8%$207M
  • Health7%$165M
  • Enterprise software4%$109M
  • Climate & Energy1%$37.4M
  • Fintech1%$23.8M

Biggest rounds

Canada

  1. Waabi $750M 1
  2. Clio $500M 2
  3. Cohere $500M 3

South Korea

  1. FuriosaAI $620M 1
  2. Rebellions $400M 2
  3. Rebellions $250M 3

Stage mix share of rounds

CanadaSouth Korea
39%Pre-Seed and Seed16%
16%Series A19%
10%Series B16%
8%Series C and later13%
27%Other or undisclosed35%

Most active investors rounds joined

InvestorCanadaSouth Korea
Korea Development Bank·13
KB Investment·7
BDC Capital6·
Crit Ventures·6
Garage Capital6·
Hana Ventures·6
Inovia Capital6·
D.CAMP·5
Futureplay·5
Investissement Québec5·
Khosla Ventures5·
Bon Angels Venture Partners·4

Startup hubs rounds and capital by city

Canada

  • Toronto37$2.3B
  • Vancouver15$903M
  • Montreal25$535M
  • Montréal1$302M
  • Calgary9$155M
  • Richmond3$122M

South Korea

  • Seoul37$1.6B
  • Yongin1$122M
  • Anyang1$27.3M
  • Daejeon1$13.7M
  • Seongnam2$7.6M

Latest rounds

Questions

Which country raised more startup funding, Canada or South Korea?

Canada. Since 9 June 2025, startups in Canada raised $4.8B across 114 rounds, against $2.5B across 91 rounds in South Korea, 1.9 times more. That is 0.7% and 0.4% of all the capital FundraiseBase tracked worldwide over the period.

How many startup funding rounds were announced in Canada and South Korea?

114 rounds in Canada and 91 rounds in South Korea since 9 June 2025, about 6 and 5 a month.

Are startup rounds bigger in Canada or South Korea?

The median round is $6M in Canada and $6.8M in South Korea, and the average round $42.2M and $27.6M. The median shows the typical round; the average is pulled up by a few very large ones.

What is the biggest startup round in Canada?

The biggest startup rounds in Canada since 9 June 2025 are Waabi ($750M, 30 Jan 2026), Clio ($500M, Series G, 10 Nov 2025) and Cohere ($500M, 14 Aug 2025).

What is the biggest startup round in South Korea?

The biggest startup rounds in South Korea since 9 June 2025 are FuriosaAI ($620M, 29 Oct 2026), Rebellions ($400M, Growth, 30 Mar 2026) and Rebellions ($250M, Series C, 30 Sept 2025).

Which sectors attract the most startup funding in Canada and South Korea?

In Canada, AI ($2.1B, 43% of the capital), Robotics & Hardware ($1.2B, 25%) and Enterprise software ($372M, 8%) lead. In South Korea, AI ($1.9B, 77% of the capital), Robotics & Hardware ($207M, 8%) and Health ($165M, 7%) lead.

Is Canada or South Korea better for early-stage startups?

Early-stage rounds (Pre-Seed, Seed and Series A) make up 55% of rounds in Canada and 35% in South Korea. Canada recorded 45 Pre-Seed or Seed rounds and South Korea 15 Pre-Seed or Seed rounds, with a median of $3.3M and $1.5M.

How much growth funding (Series B and later) goes to Canada and South Korea?

Startups in Canada raised $1.9B in 20 Series B or later rounds, 39% of the country's capital. In South Korea, $901M in 27 rounds, 36% of the capital.

Who are the most active startup investors in Canada?

BDC Capital (6 rounds, 2 led), Inovia Capital (6 rounds, 1 led) and Garage Capital (6 rounds, 1 led) are the most active investors in Canada.

Who are the most active startup investors in South Korea?

Korea Development Bank (13 rounds, 5 led), KB Investment (7 rounds, 2 led) and Crit Ventures (6 rounds, 4 led) are the most active investors in South Korea.

Which investors back startups in both Canada and South Korea?

1 investor joined rounds in both countries. The most active: Salesforce Ventures (2 in Canada, 1 in South Korea).

Which cities lead startup funding in Canada and South Korea?

Toronto leads Canada with $2.3B across 37 rounds, ahead of Vancouver ($903M). Seoul leads South Korea with $1.6B across 37 rounds, ahead of Yongin ($122M).

Which month brought the most startup funding?

In Canada, January 2026 ($1.2B). In South Korea, October 2026 ($620M).

How much did startups in Canada and South Korea raise in the last 90 days?

In the 90 days to 10 Nov 2026, startups in Canada raised $274M across 9 rounds and in South Korea $636M across 2 rounds.

Where does this data come from?

FundraiseBase lists startup funding rounds from public announcements: press releases, company posts and news coverage, checked and updated every day. Amounts are in US dollars. Some rounds are never announced, so the figures show what was made public, not every round. Corrections are welcome.

More comparisons

Canada

South Korea

All country comparisons →