Last updated:
April 25, 2025
2017
Founded
44
Investments
Offices
Venture Fund
Investor Type
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.
Investment Focus
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Artificial Intelligence & Machine Learning (AI/ML)
BioTech
Enterprise
ClimateTech & CleanTech
FinTech
PropTech
Toronto
Seed
Series A
Series B
Canada