Dominion Dynamics raises $139M CAD Series A to scale Arctic surveillance network and drone systems

OTTAWA, ON, June 30, 2026 /CNW/ - Dominion Dynamics, a defence technology company building next-generation defence systems for extreme environments, today announced a $139M CAD ($100M USD) Series A financing led by Georgian. The round included participation from Valor Equity Partners, Expeditions, Lakestar, OMERS, Business Development Bank of Canada (BDC), Royal Bank of Canada (RBC), Deloitte Ventures (Canada), JDY Capital and existing investors British Columbia Investment Management Corporation (BCI), Bessemer Venture Partners, Garage Capital, Golden Ventures and Silent Ventures. It marks the largest Series A funding round in the history of Canadian defence. Dominion has now raised $169M CAD since launching in June 2025.