Profile
Radical Ventures is an AI-focused venture capital firm based in Toronto. It was founded by Jordan Jacobs and Tomi Poutanen, with roots tracing back to the Vector Institute AI research ecosystem. The team includes partners like Sanjana Basu, David Katz, Rich Kotite, and others. Radical Ventures distinguishes itself through deep technical relationships and a focus on defining technology shifts in AI, with a team that blends technical expertise and venture experience.
Radical Ventures invests primarily in AI, supporting sectors such as foundation models, robotics, autonomous systems, and materials science. Its new vehicle, the Radical Breakouts Fund, aims to provide late-stage growth capital in the AI sector. The firm has raised over $1 billion USD in its first close for this fund, targeting a multi-billion final amount, with key LPs including major Canadian pension funds and banks.
Notable portfolio companies include Cohere - large language models, Waabi - autonomous trucking, Etched - AI inference chips, World Labs - spatial intelligence, Xanadu - quantum computing, and Periodic Labs. These companies exemplify Radical Ventures' commitment to AI technologies that promise transformative impacts across industries.
Industry
Radical Ventures Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Radical Ventures II
|
Venture Capital (VC)
|
Financial Services
Fintech
Healthcare Services
Media and Entertainment
Robotics
SaaS
Security
Software
HealthTech
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$350 M
|
May 2019
|
|
Radical Ventures III
|
Venture Capital (VC)
|
Financial Services
Fintech
Food and Beverage
Foodtech
Healthcare Services
Robotics
SaaS
Security
Software
HealthTech
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$800 M
|
August 2024
|
|
Radical Breakouts Fund
|
Venture Capital (VC)
|
Robotics
AI
New materials
|
Late Stage (Series C+)
|
North America
Europe
|
$100+ m
|
$1000 M
|
September 2026
|
Contacts
Instant access on the web. Plans from $129/month — see pricing.