Dominion Dynamics
About Dominion Dynamics
Dominion Dynamics is a DefenseTech startup based in Ottawa, Ontario, Canadasince 2025. The company reached Series A stage in June 2026 with a null round led by Georgian. Dominion Dynamics's investor base includes 9 institutional funds, with Georgian leading the most recent equity round.
Dominion Dynamics is an Ottawa-based defence technology company building Canada's next-generation Arctic surveillance and defence systems. Founded in 2025 by Eliot Pence, the company aims to become Canada's 'defence neoprime'—a vertically integrated provider that develops the hardware, software, and systems integration capabilities needed to modernize the country's Arctic monitoring and response capacity. Its flagship product, AuraNet, is a distributed platform of ruggedized sensor nodes, autonomous drones, and AI-powered analytics software that provides continuous, real-time situational awareness across Canada's vast Arctic territory. The system detects, tracks, and anticipates potential threats—from unauthorized maritime vessels and aircraft to adversary activities—using a mesh of low-cost deployable hardware nodes that aggregate and process data at the edge. AuraNet is designed to replace aging analogue systems that currently provide limited coverage of Canada's Northern frontier and operates in extreme cold-weather conditions that disable conventional commercial hardware. In June 2026, Dominion closed Canada's largest defence-tech Series A, raising CAD $139 million led by Georgian, with new investors Valor Equity Partners, Valor Atreides AI Fund, Expeditions, Lakestar, OMERS Ventures, BDC Capital's Strong North Fund, Deloitte Ventures, Royal Bank of Canada, and JDY Capital, plus follow-on support from Bessemer Venture Partners, British Columbia Investment Management Corporation, Garage Capital, Golden Ventures, and Silent Ventures. Total funding across all rounds reaches approximately CAD $169 million.
Dominion Dynamics Funding Rounds Timeline
2 rounds · since 2025
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Series A | June 2026 | Undisclosed | — | Georgian | Valor Equity Partners, Expeditions, Lakestar, OMERS Ventures, BDC Capital, Bessemer Venture Partners, Golden Ventures |
| Seed | 2024 | Undisclosed | — | Georgian | Bessemer Venture Partners, Garage Capital, Golden Ventures, Silent Ventures |
Investors in Dominion Dynamics
9 institutional investors across 2 rounds
Lead investors
Co-investors
Recent news about Dominion Dynamics
Questions about Dominion Dynamics
How much has Dominion Dynamics raised?
Dominion Dynamics has raised null across 2 funding rounds since 2025.
Who are the investors of Dominion Dynamics?
Dominion Dynamics's investors include Georgian, Valor Equity Partners, Lakestar, OMERS Ventures, BDC Capital, Bessemer Venture Partners, Golden Ventures, Garage Capital, Silent Ventures.
When was Dominion Dynamics's last funding round?
Dominion Dynamics's most recent round was a null Series A in June 2026, led by Georgian.
Where is Dominion Dynamics headquartered?
Dominion Dynamics is headquartered in Ottawa, Ontario, Canada, and was founded in 2025 by Eliot Pence.