Dominion Dynamics, a Canadian defense technology startup building interoperable, “attritable” systems for contested environments, has raised a C$21 million (US$15.2 million) seed round led by Georgian, with participation from Bessemer Venture Partners and British Columbia Investment Management.
The financing, announced following the company’s launch in Q4 2025 and an earlier pre-seed round, brings Dominion’s total capital raised to C$26 million (US$18.8 million) since inception, a sizable early-stage tally for the defense sector.
Dominion says it is developing an “Arctic autonomy stack” that combines sensing, autonomy software, and networked platforms intended to operate across domains and integrate with allied forces. The company’s pitch centers on software-defined systems that can be fielded quickly and produced at a cost point low enough to be “risked” in combat—an approach it positions as a departure from legacy, platform-centric procurement.
Proceeds from the round will be used to accelerate deployment of Auranet, which Dominion describes as a network of ruggedized sensors and autonomous systems designed to monitor Canada’s northern frontier, as well as to advance an autonomous collaborative platform—a drone intended to operate alongside fifth-generation fighter jets. The company said it has completed field trials in Northern Ontario and is currently deployed in the Yukon, where it is validating systems for use by Canadians and NATO partners.
Dominion also outlined an expansion plan spanning headcount and infrastructure. The company said it is hiring engineering and operations talent in Ottawa and Toronto, aiming to increase the number of engineers across Canada by 5x. It plans to open a new development office in Toronto and a 25,000-square-foot factory in Kanata, Ontario, while expanding its XLabs programs to additional universities. Dominion added that it is advancing field initiatives, including deployment to the Arctic as part of Operation Nanook, and is developing its autonomous collaborative platform tailored for Arctic operations.
The company says its team includes talent from Anduril, Amazon, Tesla, and the Canadian Armed Forces, and that it is building what it calls a digital backbone for next-generation command-and-control.
KEY QUOTES:
“We are building systems that can scale, talk to each other, and be risked in combat. Future deterrence will depend on speed of fielding, economic advantage, and the ability to operate across domains.”
Eliot Pence, Founder and CEO, Dominion Dynamics
“Defense is no longer just about hardware; it is about software, data, and speed. In our view, Dominion Dynamics represents the future of the Canadian ecosystem: deep tech, dual-use, and mission-critical. We are backing a team that is fundamentally reimagining how Canada and its allies protect their interests.”
Margaret Wu, Lead Investor, Georgian
