Canada Rocket Company (CRC), a Toronto-based launch startup, has emerged from stealth with a $6.2M CAD ($4.5M USD) seed funding round led entirely by Canadian investors, marking one of the largest all-Canadian seed rounds to date for a space and defense startup. The round was co-led by the Business Development Bank of Canada ( BDC ) and Garage Capital ( Mike McCauley , Devon Galloway , Michael Litt ), with participation from Ripple Ventures ( Matt Cohen , Dominic Lau ), Pan