# Dominion Dynamics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dominion-dynamics

- Industry: Software
- Headquarters: Kanata, Canada
- Website: www.defendthedominion.com
- Total disclosed funding: $113M
- Latest round: Series A (Jun 30, 2026)
- Investors on record: 14

## About

Dominion Dynamics, founded in 2025 by Eliot Pence (CEO) in Ottawa, Canada, specializes in creating a dual-use Arctic sensing network. In January 2026, Dominion Dynamics raised CAD 21 million in seed funding led by Georgian, with participation from British Columbia Investment Management Corporation, and Bessemer Venture Partners.
Dominion Dynamics specializes in the development of a dual-use, persistent Arctic sensing network comprising advanced, AI-driven technologies designed for both military and civilian applications. The core product integrates Commercial Off-The-Shelf (COTS) sensors across multiple domains, including land, sea, air, and space, into a cohesive data fabric that enhances situational awareness and decision-making capabilities. This network aims to address critical Intelligence, Surveillance, and Reconnaissance (ISR) and Command and Control (C2) gaps in the Arctic region, serving a diverse client base that includes government defense entities, security agencies, and organizations involved in environmental monitoring. The systems are designed for seamless integration with existing command-and-control architectures, facilitating interoperability and data sharing across various platforms and networks. Dominion Dynamics primarily markets its solutions within North America and select allied nations, targeting regions with strategic interests in Arctic security and resource management. In June 2026, Dominion Dynamics raised CAD 139 million in series A funding led by Georgian, with participation from Bessemer Venture Partners, British Columbia Investment Management Corporation, Garage Capital, Golden Ventures, Silent Ventures, BDC Capital, Deloitte Ventures, Expeditions Fund, Lakestar, OMERS Ventures, Royal Bank of Canada, and Valor Equity.

Dominion Dynamics generates revenue through direct sales and partnerships with regional governments and defense organizations that utilize its advanced sensing technologies. The company's transaction structure typically revolves around B2B engagements, where clients procure systems and services tailored to their specific operational needs. These transactions may include long-term contracts for system integration, maintenance, and upgrades, often accompanied by ongoing support and training services. Specific pricing plans are structured around the complexity and customization of the solutions provided, reflecting the unique requirements of each client. Key offerings in these transactions include the Arctic sensing network and its associated AI-driven capabilities, which are pivotal for clients seeking to enhance their situational awareness and operational effectiveness in challenging environments.

The company plans to use the June 2026 funding to accelerate development of its defense software and drone platforms, expand manufacturing capacity, and grow its engineering team.

## Funding rounds

- Series A, Jun 30, 2026, $98M — BDC Capital, Valor Equity Partners, British Columbia Investment Management Corporation, Bessemer Venture Partners, Georgian, Royal Bank of Canada, Golden Ventures, OMERS Ventures, Lakestar, Garage Capital, Deloitte Ventures, Expeditions Fund, Silent Ventures, JDY Capital
- Seed, Jan 19, 2026, $15M — British Columbia Investment Management Corporation, Bessemer Venture Partners, Georgian

## Investors

- British Columbia Investment Management Corporation — Seed, Series A
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Seed, Series A
- Georgian — Seed, Series A
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series A
- Valor Equity Partners (https://capitalatlas.ai/funds/valor-equity-partners) — Series A
- Royal Bank of Canada — Series A
- Golden Ventures (https://capitalatlas.ai/funds/golden-ventures) — Series A
- OMERS Ventures (https://capitalatlas.ai/funds/omers-ventures) — Series A
- Lakestar (https://capitalatlas.ai/funds/lakestar) — Series A
- Garage Capital (https://capitalatlas.ai/funds/garage-capital) — Series A
- Deloitte Ventures (https://capitalatlas.ai/funds/deloitte-ventures) — Series A
- Expeditions Fund (https://capitalatlas.ai/funds/expeditions-fund) — Series A
- Silent Ventures (https://capitalatlas.ai/funds/silent-ventures) — Series A
- JDY Capital — Series A