Country comparison
China vs Canada: startup funding compared
Since 6 June 2025, startups in China raised $28.3B across 64 rounds, 5.9 times Canada's $4.8B.
Capital raised running total by month
Where the money goes share of capital by sector
China
Canada
Biggest rounds
Stage mix share of rounds
Most active investors rounds joined
| Investor | China | Canada |
|---|---|---|
| Qiming Venture Partners | 7 | · |
| BDC Capital | · | 6 |
| Garage Capital | · | 6 |
| IDG Capital | 6 | · |
| Inovia Capital | · | 6 |
| 5Y Capital | 5 | · |
| Investissement Québec | · | 5 |
| Khosla Ventures | · | 5 |
| Graphite Ventures | · | 4 |
| LAV | 4 | · |
| MPCi | 4 | · |
| OrbiMed | 3 | 1 |
Startup hubs rounds and capital by city
China
Canada
Latest rounds
Questions
Which country raised more startup funding, China or Canada?
China. Since 6 June 2025, startups in China raised $28.3B across 64 rounds, against $4.8B across 114 rounds in Canada, 5.9 times more. That is 4.0% and 0.7% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in China and Canada?
64 rounds in China and 114 rounds in Canada since 6 June 2025, about 4 and 6 a month.
Are startup rounds bigger in China or Canada?
The median round is $112M in China and $6M in Canada, and the average round $441M and $42.2M. The median shows the typical round; the average is pulled up by a few very large ones.
What is the biggest startup round in China?
The biggest startup rounds in China since 6 June 2025 are DeepSeek ($15B, 22 Oct 2026), Moonshot AI ($3.5B, Series F, 30 Jul 2026) and StepFun ($717M, 26 Jan 2026).
What is the biggest startup round in Canada?
The biggest startup rounds in Canada since 6 June 2025 are Waabi ($750M, 30 Jan 2026), Clio ($500M, Series G, 10 Nov 2025) and Cohere ($500M, 14 Aug 2025).
Which sectors attract the most startup funding in China and Canada?
In China, AI ($23.8B, 84% of the capital), Robotics & Hardware ($2.1B, 8%) and Health ($765M, 3%) lead. In Canada, AI ($2.1B, 43% of the capital), Robotics & Hardware ($1.2B, 25%) and Enterprise software ($372M, 8%) lead.
Is China or Canada better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 27% of rounds in China and 55% in Canada. China recorded 6 Pre-Seed or Seed rounds and Canada 45 Pre-Seed or Seed rounds, with a median of $41.9M and $3.3M.
How much growth funding (Series B and later) goes to China and Canada?
Startups in China raised $6.1B in 19 Series B or later rounds, 22% of the country's capital. In Canada, $1.9B in 20 rounds, 39% of the capital.
Who are the most active startup investors in China?
Qiming Venture Partners (7 rounds, 2 led), IDG Capital (6 rounds, 5 led) and 5Y Capital (5 rounds) are the most active investors in China.
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.
Which investors back startups in both China and Canada?
1 investor joined rounds in both countries. The most active: OrbiMed (3 in China, 1 in Canada).
Which cities lead startup funding in China and Canada?
Beijing leads China with $6.8B across 19 rounds, ahead of Shanghai ($1.2B). Toronto leads Canada with $2.3B across 37 rounds, ahead of Vancouver ($903M).
Which month brought the most startup funding?
In China, October 2026 ($15.5B). In Canada, January 2026 ($1.2B).
How much did startups in China and Canada raise in the last 90 days?
In the 90 days to 10 Nov 2026, startups in China raised $17.2B across 13 rounds and in Canada $274M across 9 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.