Ultimarii raises $9.4M series a
Announced 11 September 2026
◆ The Round
Ultimarii raised $9.4M in series a funding, announced on 11 September 2026, led by Business Development Bank of Canada, Mistral Venture Partners, with participation from Staircase Ventures, Alpaca VC. The round is tracked live by Fusion42 as part of the Raise fund database and the Scout startup database.
◆ About Ultimarii
Calgary-based regulatory AI company that uses AI to navigate and streamline application and permitting processes. Ultimarii is based in Canada and currently at series a stage, operating in Enterprise Software, AI & ML.
◆ Investors
LeadBusiness Development Bank of Canada, Mistral Venture Partners
ParticipationStaircase Ventures, Alpaca VC
◆ Market context
This funding event is a citable node in Fusion42's market graph: it links Ultimarii's Scout profile to the funds behind the round and to related Wire analysis, and is refreshed from public announcements as the round is confirmed or extended. It is the same live market data Arthur reasons over when benchmarking a founder's own raise against what is closing in the market right now.
◆ Explore the market
◆ FAQ
How much did Ultimarii raise?
Ultimarii raised $9.4M in its series-a round, announced 2026-09-11.
Who invested in Ultimarii's series-a round?
The round was led by Business Development Bank of Canada and Mistral Venture Partners, with participation from Staircase Ventures and Alpaca VC.
What does Ultimarii do?
Calgary-based regulatory AI company that uses AI to navigate and streamline application and permitting processes.
Verified 12 September 2026 · Sources: public filings