Country comparison
Canada vs Switzerland: startup funding compared
Since 4 June 2025, startups in Canada raised $4.8B across 114 rounds, 1.5 times Switzerland's $3.3B.
Capital raised running total by month
Where the money goes share of capital by sector
Canada
Switzerland
Biggest rounds
Switzerland
Stage mix share of rounds
Most active investors rounds joined
| Investor | Canada | Switzerland |
|---|---|---|
| Founderful | · | 14 |
| Venture Kick | · | 10 |
| Zürcher Kantonalbank | · | 9 |
| High-Tech Gründerfonds | · | 7 |
| BDC Capital | 6 | · |
| Garage Capital | 6 | · |
| Inovia Capital | 6 | · |
| Kickfund | · | 6 |
| Investissement Québec | 5 | · |
| Khosla Ventures | 5 | · |
| RTP Global | 2 | 3 |
| Y Combinator | 3 | 2 |
Startup hubs rounds and capital by city
Canada
Switzerland
Latest rounds
Questions
Which country raised more startup funding, Canada or Switzerland?
Canada. Since 4 June 2025, startups in Canada raised $4.8B across 114 rounds, against $3.3B across 128 rounds in Switzerland, 1.5 times more. That is 0.7% and 0.5% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in Canada and Switzerland?
114 rounds in Canada and 128 rounds in Switzerland since 4 June 2025, about 6 and 7 a month.
Are startup rounds bigger in Canada or Switzerland?
The median round is $6M in Canada and $7.5M in Switzerland, and the average round $42.2M and $25.7M. 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 4 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 Switzerland?
The biggest startup rounds in Switzerland since 4 June 2025 are Oviva ($234M, Series D, 22 Jan 2026), Kandou AI ($225M, Series A, 23 Mar 2026) and Gravis Robotics ($200M, Series A, 17 Aug 2026).
Which sectors attract the most startup funding in Canada and Switzerland?
In Canada, AI ($2.1B, 43% of the capital), Robotics & Hardware ($1.2B, 25%) and Enterprise software ($372M, 8%) lead. In Switzerland, AI ($1.1B, 33% of the capital), Health ($1.1B, 33%) and Climate & Energy ($358M, 11%) lead.
Is Canada or Switzerland better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 55% of rounds in Canada and 61% in Switzerland. Canada recorded 45 Pre-Seed or Seed rounds and Switzerland 53 Pre-Seed or Seed rounds, with a median of $3.3M and $4.3M.
How much growth funding (Series B and later) goes to Canada and Switzerland?
Startups in Canada raised $1.9B in 20 Series B or later rounds, 39% of the country's capital. In Switzerland, $1.3B in 17 rounds, 40% 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 Switzerland?
Founderful (14 rounds, 11 led), Venture Kick (10 rounds, 1 led) and Zürcher Kantonalbank (9 rounds) are the most active investors in Switzerland.
Which investors back startups in both Canada and Switzerland?
10 investors joined rounds in both countries. The most active: Y Combinator (3 in Canada, 2 in Switzerland), RTP Global (2 in Canada, 3 in Switzerland), White Star Capital (2 in Canada, 1 in Switzerland), New Enterprise Associates (1 in Canada, 1 in Switzerland) and Planet First Partners (1 in Canada, 1 in Switzerland).
Which cities lead startup funding in Canada and Switzerland?
Toronto leads Canada with $2.3B across 37 rounds, ahead of Vancouver ($903M). Zurich leads Switzerland with $885M across 56 rounds, ahead of Basel ($689M).
Which month brought the most startup funding?
In Canada, January 2026 ($1.2B). In Switzerland, July 2025 ($459M).
How much did startups in Canada and Switzerland raise in the last 90 days?
In the 90 days to 10 Nov 2026, startups in Canada raised $274M across 9 rounds and in Switzerland $523M across 19 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.