# Canada Rocket Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/canada-rocket-company

- Industry: Aerospace
- Headquarters: Toronto, Canada
- Website: www.canadarocketcompany.com
- Total disclosed funding: $10M
- Latest round: Seed (Sep 16, 2026)
- Investors on record: 8

## About

Based in Canada, Canada Rocket Company specializes in the development and launch of advanced rocket systems, aiming to enhance the country's capabilities in space exploration and technology.Canada Rocket Company, founded in 2026 in Toronto, Canada, focuses on developing advanced rocket systems. Canada Rocket Company primarily focuses on developing and launching advanced rocket systems to enhance Canada’s capabilities in space. Their flagship products include the R-1 and R-2 launch vehicles, both of which utilize the E-1 methalox engine, designed and built in Canada. The R-1 is a responsive light-lift vehicle capable of delivering up to 700kg to Low Earth Orbit (LEO) and is optimized for tactical operations, enabling launches within 96 hours of call-up. In contrast, the R-2 is a reusable medium-lift launch vehicle that can transport up to 6,500kg to a 500km LEO, making it suitable for a range of commercial and governmental applications. The company aims to serve a diverse client base, including government agencies, satellite operators, and commercial enterprises seeking reliable and cost-effective access to space. While the primary market for these products is Canada, the company is also positioned to serve international clients seeking to leverage Canadian technology and expertise in launch services.Revenue generation for Canada Rocket Company is structured around B2B transactions with government and commercial clients seeking launch services. The company has successfully raised CAD 6.2 million in Seed funding to support its initial operations and develop its launch capabilities, indicative of strong investor confidence in its business model. The transactions typically involve direct engagements with clients for launch contracts, where customers pay for scheduled launches based on payload requirements and mission specifications. The pricing structure is aligned with the operational costs associated with the R-Series Fleet, ensuring competitive rates for the delivery of space payloads. Given the focus on responsive launch capabilities and reusability, revenue is expected to be bolstered by repeat customers requiring ongoing access to launch services for satellite deployment and other space missions. In January 2026, Canada Rocket Company raised CAD 6.2 million in seed funding co-led by BDC Capital and Garage Capital, with participation from Ripple Ventures, Panache Ventures, Northside Ventures, Carvalho Capital and Cold Capital. This funding will be utilized to expand the company's team, develop infrastructure, and progress its reusable launch vehicle program. The company plans to enhance its product offerings with new designs and launches, aiming to establish a robust presence in both Canadian and international markets.

## Funding rounds

- Seed, Sep 16, 2026, $6M — Business Development Bank of Canada, Garage Capital, Cold Capital, Northside Ventures, Panache Ventures, Ripple Ventures
- Seed, Jan 16, 2026, $4.5M — BDC Capital, Ripple Ventures, Garage Capital, Panache Ventures, Carvalho Capital, Northside Ventures

## Investors

- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Seed
- Ripple Ventures (https://capitalatlas.ai/funds/ripple-ventures) — Seed
- Garage Capital (https://capitalatlas.ai/funds/garage-capital) — Seed
- Panache Ventures (https://capitalatlas.ai/funds/panache-ventures) — Seed
- Carvalho Capital (https://capitalatlas.ai/funds/carvalho-capital) — Seed
- Northside Ventures (https://capitalatlas.ai/funds/northside-ventures) — Seed
- Business Development Bank of Canada — Seed
- Cold Capital — Seed