VCs in Saskatoon

Saskatoon hosts three venture capital funds managing between C$62 million and C$505 million in assets under management. This investor base concentrates heavily on agriculture, food technology, and software, with capital flowing across pre-seed through Series B stages. Westcap Mgt.

Ltd. operates the largest fund at C$505 million and has completed 179 deals across healthcare, energy, and software sectors. Conexus Venture Capital, the only locally-led investor in Saskatchewan, manages US$45 million and invests across the Prairies. PIC Investments Group focuses on seed through Series A rounds in agribusiness, food and beverages, and industrial manufacturing.

Founders in Saskatoon benefit from concentrated investor attention in agtech and software verticals, where two funds actively deploy capital. Pre-seed stage companies have the most options, with two funds offering that support. Series B companies should target Westcap, which has the scale and experience to lead larger rounds.

Sectors outside food tech, software, and industrial manufacturing face narrower local support and may need to pursue funding from regional centers.