Country comparison
United Kingdom vs Canada: startup funding compared
Since 2 June 2025, startups in the United Kingdom raised $22.4B across 606 rounds, 4.7 times Canada's $4.8B.
Capital raised running total by month
Where the money goes share of capital by sector
United Kingdom
Canada
Biggest rounds
United Kingdom
Stage mix share of rounds
Most active investors rounds joined
| Investor | United Kingdom | Canada |
|---|---|---|
| Y Combinator | 19 | 3 |
| Entrepreneurs First | 19 | 2 |
| Fuel Ventures | 18 | · |
| LocalGlobe | 17 | · |
| AlbionVC | 16 | · |
| British Business Bank | 16 | · |
| General Catalyst | 11 | 2 |
| Seedcamp | 13 | · |
| Accel | 11 | 1 |
| Balderton Capital | 12 | · |
| Haatch | 12 | · |
| Notion Capital | 12 | · |
Startup hubs rounds and capital by city
United Kingdom
Canada
Latest rounds
Questions
Which country raised more startup funding, the United Kingdom or Canada?
The United Kingdom. Since 2 June 2025, startups in the United Kingdom raised $22.4B across 606 rounds, against $4.8B across 114 rounds in Canada, 4.7 times more. That is 3.2% and 0.7% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in the United Kingdom and Canada?
606 rounds in the United Kingdom and 114 rounds in Canada since 2 June 2025, about 34 and 6 a month.
Are startup rounds bigger in the United Kingdom or Canada?
The median round is $7M in the United Kingdom and $6M in Canada, and the average round $37M 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 the United Kingdom?
The biggest startup rounds in the United Kingdom since 2 June 2025 are Isomorphic Labs ($2.1B, Series B, 12 May 2026), Nscale ($2B, Series C, 9 Mar 2026) and Wayve ($1.2B, Series D, 24 Feb 2026).
What is the biggest startup round in Canada?
The biggest startup rounds in Canada since 2 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 the United Kingdom and Canada?
In the United Kingdom, AI ($14.5B, 65% of the capital), Health ($1.7B, 7%) and Robotics & Hardware ($1.4B, 6%) lead. In Canada, AI ($2.1B, 43% of the capital), Robotics & Hardware ($1.2B, 25%) and Enterprise software ($372M, 8%) lead.
Is the United Kingdom or Canada better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 60% of rounds in the United Kingdom and 55% in Canada. The United Kingdom recorded 262 Pre-Seed or Seed rounds and Canada 45 Pre-Seed or Seed rounds, with a median of $3.5M and $3.3M.
How much growth funding (Series B and later) goes to the United Kingdom and Canada?
Startups in the United Kingdom raised $12B in 82 Series B or later rounds, 53% of the country's capital. In Canada, $1.9B in 20 rounds, 39% of the capital.
Who are the most active startup investors in the United Kingdom?
Y Combinator (19 rounds, 2 led), Entrepreneurs First (19 rounds) and Fuel Ventures (18 rounds, 13 led) are the most active investors in the United Kingdom.
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 the United Kingdom and Canada?
49 investors joined rounds in both countries. The most active: Y Combinator (19 in the United Kingdom, 3 in Canada), Entrepreneurs First (19 in the United Kingdom, 2 in Canada), General Catalyst (11 in the United Kingdom, 2 in Canada), Plural (11 in the United Kingdom, 1 in Canada) and Accel (11 in the United Kingdom, 1 in Canada).
Which cities lead startup funding in the United Kingdom and Canada?
London leads the United Kingdom with $15.6B across 396 rounds, ahead of Cambridge ($1.3B). Toronto leads Canada with $2.3B across 37 rounds, ahead of Vancouver ($903M).
Which month brought the most startup funding?
In the United Kingdom, May 2026 ($4.4B). In Canada, January 2026 ($1.2B).
How much did startups in the United Kingdom and Canada raise in the last 90 days?
In the 90 days to 12 Nov 2026, startups in the United Kingdom raised $2.8B across 74 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.