
Brightspark Ventures is a Canadian early-stage venture capital firm that has been investing in exceptional entrepreneurs since 1999. The firm invests in seed and Series A rounds across Canada across a generalist tech thesis including SaaS, software, hardware, deeptech, fintech, and e-commerce.
Deal activity decreased year-over-year (2 deals in the last 12 months vs 4 prior). Their most common stage is seed (48% of deals). Average disclosed round size is $18.3M (across 30 rounds with reported amounts).
Portfolio
24
Fund Size
$100M
Top Stage
Seed
Last 12 Mo
2
Team
Andrew Lugsdin
Partner
Éléonore Jarry-Ferron
Partner
Mark Skapinker
Partner
Sophie Forest
Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
33 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Seed | $6.6M | Jun 2026 | |
| Seed | $6.6M | Jan 2026 | |
| Seed | $4.1M | Oct 2025 | |
| Growth | $3.5M | Sep 2025 | |
| Seed | $4.1M | Sep 2025 | |
| Seed | $11M | Sep 2025 | |
| Seed | $4M | May 2025 | |
| Growth | $20M | Jan 2025 | |
| Seed | $2M | Jan 2024 | |
| Series A | — | Nov 2023 | |
| Series A | $20M | Jan 2023 | |
| Seed | — | Apr 2022 | |
| Series G | $175M | Jan 2021 | |
| PPrevu3D inc. | Seed | $2.5M | Jun 2020 |
| Series A | $7.5M | Sep 2019 | |
| AAdhawk | Series A | $13M | Jun 2019 |
| Series D | $100M | Oct 2018 | |
| Growth | $8.5M | Oct 2017 | |
| Growth | $16M | Mar 2016 | |
| HHubba | Seed | $45M | Jan 2014 |
| TTira Wireless | Series D | $5M | Jul 2007 |
| TTira Wireless | Series C | $13M | Mar 2006 |
| Seed | $500K | — | |
| Series B | $30M | — | |
| Series A | $6.4M | — |
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Top Co-Investors
Investissement Québec5 shared
Desjardins Capital5 shared
Whitecap Venture Partners4 shared
OMERS Ventures4 shared
BDC Capital4 shared
MaRS IAF4 shared
Export Development Canada4 shared
Accomplice3 shared
BoxOne Ventures3 shared
Threshold Ventures2 shared
Kensington Capital Partners2 shared
Breakthrough Energy Ventures2 shared
Deloitte Ventures2 shared
Hearst Ventures2 shared
GreenSky Ventures2 shared
Boreal Ventures2 shared
AQC Capital2 shared
Ripple2 shared
Luge Capital2 shared
Last updated: 20 October 2026