Strategic Innovation Fund
Government fundOttawa · Series A
Investment thesis
The Strategic Response Fund is a Canadian government program supporting large-scale, transformative and collaborative projects across all sectors of the economy. Budget 2023 set three priorities for the fund: clean technologies, critical minerals, and industrial transformation. Recent investments include $210 million to expand semiconductor packaging and commercialization capabilities with IBM Canada and C2MI, and $40 million with Nokia to advance Canada's 5G research and development using artificial intelligence and machine learning. The program aims to strengthen Canadian companies, supply chain resiliency, and the country's digital and advanced technology ecosystems.
Source: firm website, verified Aug 3, 2026.
Investments · 3 tracked
founders shown can be your intro pathPartner in the semiconductor sector investment expanding advanced packaging and R&D capabilities in Canada.
Received $210 million in SRF funding to expand semiconductor packaging and commercialization capabilities, in partnership with C2MI.
Received $40 million in SRF funding to advance Canada's 5G research and development and digital infrastructure using AI/ML.
Frequently asked questions
- What stage does Strategic Innovation Fund invest at?
- Strategic Innovation Fund invests at the Series A stage.
- What sectors does Strategic Innovation Fund focus on?
- Strategic Innovation Fund focuses on Advanced Manufacturing, AI & Machine Learning, Biotech, Cleantech, Deep Tech, New Materials, Semiconductors, Space Tech.
- Where is Strategic Innovation Fund located?
- Strategic Innovation Fund is headquartered in Ottawa, CA.
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