Startup profile for Ultimarii: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.

Startup profile · funding coverage

Ultimarii funding, valuation and investors

Regulatory AI software for infrastructure permitting and compliance workflows.

Verified company research · funding, investors and latest developments

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Series A package

C$13M+ · September 2026

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

Not publicly disclosed

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

series a · Calgary, Alberta, Canada

Investors in latest funding

Other: BDC Industrial Innovation Venture Fund , Mistral Venture Partners , Staircase Ventures , Alpaca VC

Sources: latest funding · betakit.com Last verified: 2026-09-12

Overview

Ultimarii develops AI software for infrastructure permitting and regulatory workflows. Its September 2026 financing package included equity from institutional and angel investors, debt financing, and non-dilutive IRAP support.

Why Ultimarii is interesting

Ultimarii's C$13M-plus Series A package blends equity, undisclosed debt, and IRAP support, so the headline cannot be treated as pure venture equity.

Product & use cases

AI workspace for regulatory roadmaps, document generation, risk analysis, and private libraries tuned to energy and infrastructure permitting.

  • Accelerate major-project permitting applications
  • Regulatory research with citation-backed outputs
  • Expand into U.S. EPA / FERC / Texas frameworks

Key facts

  • More than C$13M across Series A equity, debt, and IRAP support
  • Equity backers include BDC Industrial Innovation Venture Fund, Mistral Venture Partners, Staircase Ventures, Alpaca VC, and 30-plus angels

Funding history (newest first)

Series A package

2026-09 C$13M+
  • BDC Industrial Innovation Venture Fund (participant)
  • Mistral Venture Partners (participant)
  • Staircase Ventures (participant)
  • Alpaca VC (participant)

Source: Read source · betakit.com

Market / IPO context

Editorial / static context — not a live quote.

By Venture Capital Tracker

Last updated:

Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.