Radical Ventures

2017

Founded

44

Investments

Canada

Offices

Venture Fund

Investor Type

About

Radical Ventures is a Toronto-based venture capital firm dedicated to investing in early-stage startups that leverage artificial intelligence (AI) and machine learning (ML) to transform industries. Founded in 2017 by Daniel Farcet and Ajay Agarwal, the firm focuses on North American companies and aims to partner with exceptional entrepreneurs to build enduring AI-driven businesses.

In August 2024, Radical Ventures raised nearly $800 million for its third institutional fund, marking the largest AI-focused fund to date.

This fund is dedicated to growth-stage startups and brings the firm's total assets under management to approximately $1.8 billion.

The firm's portfolio includes notable AI companies such as Cohere, a large language model developer valued at $5.5 billion, and Waabi, an autonomous driving company.

Portfolio Companies

Cohere, Waabi, Untether AI, Xanadu, Aspect Biosystems, Promise Robotics, Hebbia, Unlearn, Signal1, ClimateAi

Gepgraphic Focus

North America

Key Differentiators

Focus on AI and ML startups, Partnership with exceptional entrepreneurs, Global ambition to build enduring companies

Thypical Investment Size

Not specified

Total Funds Raised

$800 million

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Artificial Intelligence & Machine Learning (AI/ML)

BioTech

Enterprise

ClimateTech & CleanTech

FinTech

PropTech

Toronto

Seed

Series A

Series B

Canada