Dominion Dynamics
Ottawa-based Arctic sensor-network and autonomous-drone maker building Canada's 'defence neoprime.'
Dominion Dynamics, founded in June 2025 by CEO Eliot Pence (former Anduril Industries executive), builds AuraNet, a network of remote-region sensors and a mapping platform for areas with no or patchy cellular coverage, and Scout, an AI-powered autonomous drone able to operate independently or alongside crewed aircraft. Its technology has been used by the Canadian Rangers in the High Arctic. The company raised a C$21M seed round led by Georgian, followed by a C$139M Series A (announced June 2026, also led by Georgian, with Valor Equity Partners, Lakestar, JDY Capital, Bessemer Venture Partners, and Silent Ventures participating) reported as the largest Series A in Canadian defense-startup history, bringing total funding to roughly C$169M (~$122M).
Overview
- Headquarters
- Ottawa, Canada
- Founded
- 2025
- Employees
- 60
- Total funding
- C$169M (~$122M)
- Stage
- Series A
- Status
- active
- Domains
- Arctic sensor networks, Autonomous drones, Defense C2
- Website
- www.dominiondynamics.online
Founders3
- FounderEliot PenceFounder and CEO of Dominion Dynamics, an Ottawa-based Arctic sensor-network and autonomous-drone maker; previously an early Anduril Industries growth hire and Chief Business Officer at Osmo and Cambium Biomaterials.
- FounderAshley BradfordCTO at Dominion Dynamics, an Ottawa-based Arctic sensor-network and autonomous-drone maker. Title per aggregator sourcing — not yet confirmed via a primary company announcement.
- FounderMitch CarknerCOO and Board Director at Dominion Dynamics, an Ottawa-based Arctic sensor-network and autonomous-drone maker. Title per aggregator sourcing — not yet confirmed via a primary company announcement.
Investors13
- FundGeorgianToronto-based growth-equity firm investing in B2B software; led both Dominion Dynamics' C$21M seed and C$139M Series A rounds.
- FundSilent VenturesEarly-stage venture capital firm investing in aerospace, defense, and national security.
- FundOMERS VenturesVenture-capital arm of the OMERS pension plan; participated in Dominion Dynamics' Series A.
- FundBDCCanadian federal development bank's venture arm; participated in Dominion Dynamics' Series A.
- FundRBCxRBC's tech-banking and venture platform; participated in Dominion Dynamics' Series A.
- FundDeloitte Ventures CanadaDeloitte Canada's corporate venture-capital unit; participated in Dominion Dynamics' Series A.
- FundBCIBC's public-sector pension investment manager; a returning investor in Dominion Dynamics' Series A.
- FundGarage CapitalWaterloo-based seed-stage VC; a returning investor in Dominion Dynamics' Series A.
- FundGolden VenturesToronto-based seed-stage VC; a returning investor in Dominion Dynamics' Series A.
- FundValor Equity PartnersChicago growth-equity firm; led Anduril's Series E round.
- FundLakestarPan-European VC backing visionary tech entrepreneurs from seed to scale.
- FundBessemer Venture PartnersCentury-old VC with dedicated defense tech roadmap and advisory board.
- FundExpeditions FundWarsaw-based early-stage European venture fund investing in dual-use defense/deep-tech startups; backed by BAE Systems and the NATO Innovation Fund, closed a €197M Fund II in 2026. Participated in Uforce's $50M seed round.
Cap table0
Approximate ownership by holder. Indexed holders link to their records.
Raised per round
Percentages marked ~ are not disclosed. Some are a generic VC-pattern model (founders/team weighted heaviest, option pool lightest, other holders evenly) sized to whatever's left undisclosed — a standard industry shape, not this company's actual cap table.
Contracts0
No linked records yet.
Frequently asked
- What does Dominion Dynamics do?
- Dominion Dynamics, founded in June 2025 by CEO Eliot Pence (former Anduril Industries executive), builds AuraNet, a network of remote-region sensors and a mapping platform for areas with no or patchy cellular coverage, and Scout, an AI-powered autonomous drone able to operate independently or alongside crewed aircraft. Its technology has been used by the Canadian Rangers in the High Arctic. The company raised a C$21M seed round led by Georgian, followed by a C$139M Series A (announced June 2026, also led by Georgian, with Valor Equity Partners, Lakestar, JDY Capital, Bessemer Venture Partners, and Silent Ventures participating) reported as the largest Series A in Canadian defense-startup history, bringing total funding to roughly C$169M (~$122M).
- Where is Dominion Dynamics headquartered?
- Dominion Dynamics is headquartered in Ottawa, Canada and was founded in 2025.
- How much funding has Dominion Dynamics raised?
- Dominion Dynamics has raised C$169M (~$122M) in disclosed funding.
- What does Dominion Dynamics specialize in?
- Dominion Dynamics works across Arctic sensor networks, Autonomous drones, Defense C2.
Sources & citations4
4 sources behind every claim
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