On June 30, 2026, Dominion Dynamics announced that it raised US$100 million in a Series A financing led by Georgian, making it the largest Series A round in Canadian defence history. The round included participation from Valor Equity Partners, Expeditions, Lakestar, OMERS, Business Development Bank of Canada, Royal Bank of Canada, Deloitte Ventures (Canada), JDY Capital and existing investors British Columbia Investment Management Corporation, Bessemer Venture Partners, Garage Capital, Golden Ventures and Silent Ventures. Dominion Dynamics plans on utilizing the financing towards accelerating the development of AuraNet and Scout, its autonomous collaborative platform, and growing its team.
Dominion Dynamics is an Ottawa-based defence technology company building defence systems for extreme environments. Its products include AuraNet, a software platform that integrates communications and data into a single operating picture, and Scout, an autonomous collaborative platform designed for austere environments.
Osler, Hoskin & Harcourt LLP advised Dominion Dynamics with a team consisting of Chad Bayne, Justin Dharamdial, JD D’Souza and Husnain Malik (Emerging and High Growth Companies).
Key Contact
Partner, Emerging and High Growth Companies, Toronto
Team
Partner, Emerging and High Growth Companies, Toronto
Associate, Emerging and High Growth Companies, Calgary
Associate, Emerging and High Growth Companies, Toronto
