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RANOVUS
Ranovus
Semiconductor · Ottawa, Ontario · Canada · Founded · 2018 · ≈ · 112 · employees

Ranovus Funding History: Rounds, Investors & Valuation

Private

Ranovus has raised $45.5M across 2 funding rounds, plus 2 undated rounds.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Ranovus funding · at a glance
Total raised, all rounds
$45.5M
some round sizes not disclosed
Funding rounds
2
plus 2 undated rounds
Latest round
May 2026
May 2026
Lead on that event
Government of Canada
lead investor
2026
About Ranovus

Ranovus is backed by Canadian investors BDC Capital and OMERS, among others, as it scales its optical interconnect technology for AI data centers.

Funding timeline

The Ranovus funding timeline

2 funding rounds, the latest highlighted.

2018
Ranovus founded

Ranovus was founded in 2018, Canada.

UNDATED
Series B, Government grant

No date is disclosed for this round.

JAN 2023
Strategic Innovation Fund grant

A primary round — the company sells new shares to investors it selects. Led by Government of Canada.

Valuation basisAmountPrice / shareLeadGovernment of Canada
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Ranovus funding rounds in full

2 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
ODIN project LATEST
May 2026
$1.5M
—
—
Government of Canada, Ontario government
—
Strategic Innovation Fund grant
Jan 2023
—
—
—
Government of Canada
—
Series B
—
$24M
—
—
OMERS Ventures
Azure Capital Partners, T-Venture, BDC Venture Capital, Export Development Canada
Government grant
—
$20M
—
—
Government of Canada
—
Ranovus · investors

Investors

GGovernment of CanadaLEADOOMERS VenturesLEADOOntario governmentLEADBBDCOOMERSAAzure Capital PartnersIIP2 Launchpad

Frequently asked questions

What is Ranovus?›

Ranovus is an optical infrastructure company founded in 2018 and based in Canada.

Can I buy Ranovus stock?›

Ranovus has not gone public, so there is no listed stock to buy directly.

When was Ranovus founded?›

Ranovus was founded in 2018.

How many employees does Ranovus have?›

Ranovus has about 112 employees.

Who invested in Ranovus?›

Ranovus's lead investors include Government of Canada and Ontario government.

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