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Canaan

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 5
Average round size
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The average size of a deal this fund participated in
$26M
Portfolio companies 5
Lead investments 0
Key employees Soon

Areas of investment

  • Automotive
  • E-Commerce
  • Sales
  • Medical Device
  • Manufacturing

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Canaan:
Typical Co-investors
Canaan is more likely to invest in rounds together with the following funds:
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Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Canaan:
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Clutch Canada

Automotive
E-Commerce
$15M29 Apr 2021 Old Toronto, Ontario, Canada

PACT Pharma

Biotechnology
Health Care
Personal Health
Pharmaceutical
$75M11 Jan 2020 Hayward, California, United States

Arrays Medical Imaging Corporation

Manufacturing
Medical Device
Sales
$3M16 Oct 2017 Fengtai District, Beijing, China

iwifi

Catering
Information Technology
Software
$463K02 Feb 2016 Beijing, Beijing, China
News
TrueFort Closes $30M Series B Round for Zero Trust Platform that Turns Application Intelligence Against Attackers

– TrueFort announced a $30m Series B round of financing led by Shasta Ventures with the participation of Canaan and existing investors Evolution Equity Partners, Lytical Ventures and Emerald Development Managers.
– As part of the financing round, Nitin Chopra, Managing Director at Shasta Ventures, is joining the company’s board of directors.
– The financing will support hiring across the company, expanded go-to-market activities and multiple R&D initiatives, including offerings that help enterprises better manage their application risk posture.
– Traditional security products have focused on protecting underlying IT infrastructure from threats but the success of attackers in executing ransomware, supply chain and phishing attacks show that there are still significant gaps in security coverage.

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Total investments 5
Average round size 26M
Peak activity year 2021
Lead investments 0
Group Appearance index 0.80

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Clutch Canada

Automotive
E-Commerce
$15M29 Apr 2021 Old Toronto, Ontario, Canada

PACT Pharma

Biotechnology
Health Care
Personal Health
Pharmaceutical
$75M11 Jan 2020 Hayward, California, United States

Arrays Medical Imaging Corporation

Manufacturing
Medical Device
Sales
$3M16 Oct 2017 Fengtai District, Beijing, China

iwifi

Catering
Information Technology
Software
$463K02 Feb 2016 Beijing, Beijing, China
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