A Canadian defence technology company is planning to substantially expand its technical workforce following a major Series A round.
Ottawa-based Dominion Dynamics has secured US$100M in a round led by Georgian with participation from Valor Equity Partners, Expeditions, Lakestar, OMERS, Business Development Bank of Canada, Royal Bank of Canada, Deloitte Ventures Canada, JDY Capital, the British Columbia Investment Management Corporation, Bessemer Venture Partners, Garage Capital, Golden Ventures, and Silent Ventures.
The Canadian company was founded in 2025 by Eliot Pence, who serves the rapidly scaling startup as chief executive officer.
“Canada once built technology the rest of the world wanted, then convinced itself that was someone else’s role,” he says. “We started Dominion to show the capability never left, and this round lets us build at the scale and speed the moment demands.”
Dominion is focused on building an “autonomy stack for the Arctic.”
Earlier this year, Dominion deployed its flagship software platform, AuraNet, with the Canadian Armed Forces during Operation Nanook-Nunalivut.
Canadian Rangers used AuraNet across the High Arctic to turn scattered communications and data into a single operating picture.
The Canadian innovator, which has grown its team from one to 50 over the past year, intends to double the size of its workforce again to 100 by the end of 2026.
Pence says the upstart has already recruited high-level talent from organizations like Google, Tesla, Anduril, Rheinmetall, Rivian, and the Canadian Armed Forces.
“Starting in the Arctic means starting with the hardest problem set on Earth,” explains Pence. “The engineers joining Dominion understand that technology proven in the world’s toughest environment can succeed anywhere.”
To support growth, Dominion Dynamics recently moved into a 25,000-square-foot manufacturing facility in Kanata and opened a Toronto development office.
Earlier this year, the Government of Canada released its first Defence Industrial Strategy and established the Defence Investment Agency, which features enhanced spending on defence sector initiates.
Indeed, the federal government aims to create more than 100,000 new jobs nationwide as part of a major expansion of the sector.
