Top 21 AI startups in Toronto
Jan 28, 2026
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26
1
Funding: $1B
Waabi develops autonomous driving technologies for commercial self-driving trucks. Waabi's autonomous driving system is trained, tested and validated using the Waabi Physical AI Platform - closed-loop simulator that automatically creates digital twins of the world based on data, simulates sensor operation in real time, creates scenarios for stress testing the Waabi driver and teaches the autonomous driving system to learn from its mistakes without human intervention. This allows the system to generalize and learn faster and from fewer examples than traditional autonomous driving systems. Waabi is collaborating with Volvo on the development of specialized autonomous trucks and with Uber Freight for truck rental.
Waabi develops autonomous driving technologies for commercial self-driving trucks. Waabi's autonomous driving system is trained, tested and validated using the Waabi Physical AI Platform - closed-loop simulator that automatically creates digital twins of the world based on data, simulates sensor operation in real time, creates scenarios for stress testing the Waabi driver and teaches the autonomous driving system to learn from its mistakes without human intervention. This allows the system to generalize and learn faster and from fewer examples than traditional autonomous driving systems. Waabi is collaborating with Volvo on the development of specialized autonomous trucks and with Uber Freight for truck rental.
3
Funding: $1B
Tenstorrent develops AI processors Tensix that feature precision, anchored in RISC-V’s open architecture, delivering specialized, silicon-proven solutions for both AI training and inference. Basing on these processors, the company also manufactures PCI boards for desktop computers, desktop workstations and servers for corporations and research institutes. They provide superior performance per dollar for developers who need to run, test and develop AI models, as well as port and develop libraries for high-performance computing (HPC). The company also offers own cloud service where these servers can be rented.
Tenstorrent develops AI processors Tensix that feature precision, anchored in RISC-V’s open architecture, delivering specialized, silicon-proven solutions for both AI training and inference. Basing on these processors, the company also manufactures PCI boards for desktop computers, desktop workstations and servers for corporations and research institutes. They provide superior performance per dollar for developers who need to run, test and develop AI models, as well as port and develop libraries for high-performance computing (HPC). The company also offers own cloud service where these servers can be rented.
4
Funding: $236.7M
Deep Genomics brings together world-leading expertise in machine learning and genome biology. We’re inventing a new generation of computational technologies that predict what will happen within a cell when DNA is altered by genetic variation, whether natural or therapeutic. Our systems predict the molecular effects of genetic variation, opening a new and exciting path to discovery for disease diagnostics and therapies.
Deep Genomics brings together world-leading expertise in machine learning and genome biology. We’re inventing a new generation of computational technologies that predict what will happen within a cell when DNA is altered by genetic variation, whether natural or therapeutic. Our systems predict the molecular effects of genetic variation, opening a new and exciting path to discovery for disease diagnostics and therapies.
5
Funding: $192.4M
Ada is an automated customer experience company that provides chat bots used in customer support.
Ada is an automated customer experience company that provides chat bots used in customer support.
6
Funding: $149.4M
Ecobee is a provider of Wi-Fi enabled smart thermostats comes with Amazon's Alexa voice assistant built in for residential and commercial applications.
Ecobee is a provider of Wi-Fi enabled smart thermostats comes with Amazon's Alexa voice assistant built in for residential and commercial applications.
7
Funding: $123.1M
Moonvalley allows to create cinematic videos using AI. It's Marey model, created in collaboration with new AI animation studio Asteria, offers customization options such as detailed camera and motion control and can generate HD clips up to 30 seconds long. Moonvalley claims it is also less legally risky than some other video creation models. The company works with content owners on licensing agreements and acquires legal datasets. It also provides content creators with the ability to request removal of their content from its models and offers refund policy to protect its users from copyright issues. Moonvalley also blocks certain content, such as NSFW language and doesn't allow users to create videos featuring specific people or celebrities.
Moonvalley allows to create cinematic videos using AI. It's Marey model, created in collaboration with new AI animation studio Asteria, offers customization options such as detailed camera and motion control and can generate HD clips up to 30 seconds long. Moonvalley claims it is also less legally risky than some other video creation models. The company works with content owners on licensing agreements and acquires legal datasets. It also provides content creators with the ability to request removal of their content from its models and offers refund policy to protect its users from copyright issues. Moonvalley also blocks certain content, such as NSFW language and doesn't allow users to create videos featuring specific people or celebrities.
8
Funding: $67.1M
Wysdom develops full-stack virtual assistant platform. Connect to customers, answer questions, complete purchases, and transact any time with a trusted cognitive enterprise care solution over social, web chat, and IVR.
Wysdom develops full-stack virtual assistant platform. Connect to customers, answer questions, complete purchases, and transact any time with a trusted cognitive enterprise care solution over social, web chat, and IVR.
9
Funding: CA$65M
Kira is a powerful machine learning software that identifies, extracts, and analyzes text in your contracts and other documents.
Kira is a powerful machine learning software that identifies, extracts, and analyzes text in your contracts and other documents.
10
Funding: $49.6M
Integrate.ai is building an AI powered platform for B2C enterprises that integrates with business processes to make customer interactions more natural and valuable.
Integrate.ai is building an AI powered platform for B2C enterprises that integrates with business processes to make customer interactions more natural and valuable.
11
Funding: $39.9M
InteraXon builds a wearable brain sensing headband Muse that leverages the world’s largest database of brain activity to help people live happier, healthier lives.
InteraXon builds a wearable brain sensing headband Muse that leverages the world’s largest database of brain activity to help people live happier, healthier lives.
13
Funding: $12M
Resemble AI creates custom voices using proprietary deep-learning models that can produce realistic speech synthesis.
Resemble AI creates custom voices using proprietary deep-learning models that can produce realistic speech synthesis.
14
Funding: CA$14M
Protexxa is a B2B SaaS cybersecurity platform that leverages Artificial Intelligence to rapidly identify, evaluate, predict, and resolve cyber issues for employees.
Protexxa is a B2B SaaS cybersecurity platform that leverages Artificial Intelligence to rapidly identify, evaluate, predict, and resolve cyber issues for employees.
15
Funding: $9.2M
CakeAI uses Analytics and Artificial Intelligence to drive Insights and Innovation in business.
CakeAI uses Analytics and Artificial Intelligence to drive Insights and Innovation in business.
16
Funding: $5.2M
WinterLight Labs develops a novel AI technology that can quickly and accurately quantify speech and language patterns to help detect and monitor cognitive and mental diseases.
WinterLight Labs develops a novel AI technology that can quickly and accurately quantify speech and language patterns to help detect and monitor cognitive and mental diseases.
17
Funding: $3.6M
Peripheral Labs is incorporating spatial intelligence into live sports broadcasts. Its technology generates volumetric video that allows users to view the game from multiple angles, creating an immersive experience. The system reduces the number of cameras from over 100 to just 32 standard ones, helping to reduce costs and operational expenses. It can allow broadcasters and fans to explore new ways to control their viewing experience using photorealistic 3D reconstruction technology. For example, if fans want to track only the player with the ball, they can do so. They can also freeze the action to see different angles of a foul or critical moment. The system also measures player biomechanics and generates statistics for teams and leagues using a proprietary set of sensors, similar to those in self-driving cars that capture the scene with depth.
Peripheral Labs is incorporating spatial intelligence into live sports broadcasts. Its technology generates volumetric video that allows users to view the game from multiple angles, creating an immersive experience. The system reduces the number of cameras from over 100 to just 32 standard ones, helping to reduce costs and operational expenses. It can allow broadcasters and fans to explore new ways to control their viewing experience using photorealistic 3D reconstruction technology. For example, if fans want to track only the player with the ball, they can do so. They can also freeze the action to see different angles of a foul or critical moment. The system also measures player biomechanics and generates statistics for teams and leagues using a proprietary set of sensors, similar to those in self-driving cars that capture the scene with depth.
18
Funding: CA$3.9M
Perceptive Space is building a space weather platform that provides space weather predictions for safe & reliable operations.
Perceptive Space is building a space weather platform that provides space weather predictions for safe & reliable operations.
19
Funding: $1.4M
Spark Plug is a generative AI model designed and trained to transform classic literature into culturally responsive language that resonates with a Gen Z audience. Spark Plug uses ethical data and youth culture to enhance the learning experience through increased engagement, content retention and rigor.
Spark Plug is a generative AI model designed and trained to transform classic literature into culturally responsive language that resonates with a Gen Z audience. Spark Plug uses ethical data and youth culture to enhance the learning experience through increased engagement, content retention and rigor.
20
Funding: $1.2M
Invision AI software enables edge devices running on mainstream processors to interpret the world around them by recognizing objects, tracking their movements, and identifying anomalies.
Invision AI software enables edge devices running on mainstream processors to interpret the world around them by recognizing objects, tracking their movements, and identifying anomalies.
21
Funding: $173.7K
Qoherent is accelerating the pace of AI signal processing for radio. Qoherent's AI can improve reliability of space communcations by switching to more resilient waveforms, another part of the spectrum, or another path in the constellation.
Qoherent is accelerating the pace of AI signal processing for radio. Qoherent's AI can improve reliability of space communcations by switching to more resilient waveforms, another part of the spectrum, or another path in the constellation.
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