About Radical Ventures
Radical Ventures is a venture capital firm founded in 2017. It is primarily based out of Toronto, Canada. As of Sep 2026, Radical Ventures is an active investor, having invested in 96 companies, with 18 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and HealthTech. Most recently it participated in the $***** Seed round of Mantic Overall, Radical Ventures portfolio has seen 13 unicorns, 1 IPO and 16 acquisitions including key companies like Cohere, World Labs and You Technologies. A lot of funds co-invest with Radical Ventures, with names like Index Ventures sharing a substantial percentage of its portfolio. Radical Ventures has team of 24 people including 16 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Radical Ventures' List of Top Investments
Radical Ventures has a portfolio of 96 companies, including 13 unicorns. Their most notable investments are in Covariant and Covariant.Their portfolio spans across United States, Canada, United Kingdom and 1 more locations. They have invested in Enterprise Applications, High Tech, HealthTech and 25 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Radical Ventures:
1. Cohere
Developer of enterprise AI platform and multilingual language and retrieval models. The company provides tools for workplace productivity, intelligent search, and semantic text representation. It offers models for relevance-based result refinement and high-performance generative tasks. The platform supports customization and private deployments, catering to various industries. It also provides developer resources, including API access and technical documentation.
Key facts about Cohere
- Founded Year: 2019
- Location: Toronto (Canada)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $1.54B
- Employee Count: 1,207 as on Aug 31, 2026
- Investors: Sapphire Ventures, Salesforce Ventures and 37 Others
- Latest Funding Round: Series D, Sep 24, 2025, $*****
- Highlight: Editors' Pick
2. World Labs
Developer of artificial intelligence models for research automation and analysis. Provides software systems that process datasets, generate insights, and support experimental workflows across scientific and technical domains. Offers tools for data ingestion, model training, evaluation, and deployment within research environments. Enables automation of literature review, hypothesis testing, and analytical reporting through machine learning methods.
Key facts about World Labs
- Founded Year: 2023
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.23B
- Employee Count: 107 as on Aug 31, 2026
- Investors: Fidelity Investments, Salesforce Ventures and 13 Others
- Latest Funding Round: Series B, Feb 18, 2026, $*****
- Highlight: Acquired
3. Twelve Labs
AI-based platform offering video editing solutions. It leverages AI technology to extract time, objects, text in the video, conversation, people, and actions to synthesize information into vectors. It also provides API for creating and editing videos.
Key facts about Twelve Labs
AI-enabled key-word based private search engine. The users can get reviews from real users & experts while making any expensive purchase. Its AI-driven platform provides summaries for any queries. It also enables users to get the content they want & can also build their own knowledge base.
Key facts about You Technologies
- Founded Year: 2020
- Location: Palo Alto (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $199M
- Employee Count: 337 as on Sep 30, 2026
- Investors: Georgian, Salesforce Ventures and 20 Others
- Latest Funding Round: Series C, Sep 03, 2025, $*****
- Highlight: Editors' Pick
5. Waabi
Developer of physical artificial intelligence platform for autonomous trucks and robotaxis. The platform enables scalability across various form factors, geographies, and environments. It utilizes a shared artificial intelligence model for both autonomous trucks and robotaxis. The company focuses on delivering safer and more efficient autonomous transportation solutions. It employs neural simulation and end-to-end artificial intelligence to set new standards for safety.
Key facts about Waabi
- Founded Year: 2021
- Location: Toronto (Canada)
- Stage: Series C
- Total Funding till date: $1.03B
- Employee Count: 349 as on Aug 31, 2026
- Investors: HarbourVest Partners, Volvo Group and 28 Others
- Latest Funding Round: Series C, Jan 28, 2026, $*****
- Highlight: Editors' Pick
Radical Ventures' Year-on-Year Investment Trends
Radical Ventures has invested in 96 companies over the last 9 years, with an average of 12 new investments annually in the last 5 years. In 2025, it made 23 investments, while as of Sep 2026, it has made 20 investments in this year. Its most recent first time investment was in Mantic and most recent follow-on round was in Pixxel.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 12 | 8 | 20 |
2025 | 19 | 4 | 23 |
2024 | 7 | 8 | 15 |
2023 | 6 | 6 | 12 |
2022 | 13 | 4 | 17 |
2021 | 7 | 3 | 10 |
2020 | 8 | 1 | 9 |
2019 | 4 | 1 | 5 |
2018 | 2 | 0 | 2 |
2017 | 2 | 0 | 2 |
Radical Ventures' Investments by Stage
Radical Ventures has made 35 investments in Seed stage with an average round size of $22.5M, 31 investments in Series A stage with an average round size of $45.9M, 10 investments in Series B stage with an average round size of $114M, 3 investments in Series C stage with an average round size of $193M and 1 investment in Series E stage with an average round size of $1.38B.Stage of entry | No. of Investments |
|---|---|
Seed | 35 |
Series A | 31 |
Series B | 10 |
Series C | 3 |
Series E | 1 |
Note: We have considered here, only first round of investments
Radical Ventures' Investments by Sector
Radical Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Artificial Intelligence - Industry Applications, Vertical SaaS and HealthTech. Notably, it has invested in 88 Tech companies, 80 Enterprise (B2B) companies, 73 Software companies and at least 47 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 56 |
High Tech | 42 |
Artificial Intelligence - Industry Applications | 16 |
Vertical SaaS | 16 |
HealthTech | 10 |
Others | 77 |
Note: We have considered here, only first round of investments
Radical Ventures' Investments by Geography
Radical Ventures has made most investments in United States (53), followed by Canada where it has made 21 investments.Country | No. of Investments |
|---|---|
United States | 53 |
Canada | 21 |
United Kingdom | 5 |
India | 1 |
Note: We have considered here, only first round of investments
Radical Ventures' recent investments
Radical Ventures has made 20 investments in 2026 so far. Mantic and Pixxel are the latest among them.Here are the most recent investments by Radical Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 18, 2026 | United Kingdom | Seed | 6709 | [+1] | |
Sep 07, 2026 | India | Series C | 8853 | [+4] | |
Aug 20, 2026 | United States | Series C | 3070 | [+12] | |
Aug 19, 2026 | Canada | Seed | 7909 | [+1] | |
Aug 07, 2026 | United States | Series B | 9507 | [+4] |
Unicorns in Radical Ventures' Portfolio
Radical Ventures has 13 unicorns in its portfolio - Emerald, Muon Space, Prime Intellect and others. The most recent unicorn in their portfolio is Emerald. It became a unicorn in 2026, 1 years after Radical Ventures first invested in it.Here is a list of unicorns in Radical Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
64 | Developer of a platform optimizing power grids and artificial intelligence infrastructure | 2024 | Washington, DC | Series A | ffhplzc | ||
68 | Provider of integrated satellite constellation technology stack for Earth intelligence missions | 2021 | Menlo Park | Series C | cqetzvh | ||
63 | Provider of compute and infrastructure platform for agentic model development | 2023 | San Francisco | Series A | sfnzecu | ||
63 | Developer of robots and related data, models, and hardware solutions | 2024 | San Mateo | Series B | mmejvet | ||
69 | Developer of physical artificial intelligence platform for autonomous trucks and robotaxis | 2021 | Toronto | Series C | rgwiooj |
IPOs and Publicly Listed companies in Radical Ventures' Portfolio
1 of Radical Ventures' portfolio company became public - Xanadu. It got listed on the Toronto Stock Exchange (TSX), in Mar 2026 at marketcap of $433MHere are Radical Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 26, 2026 | Jun 24, 2019 | Series A | 1948 |
Acquired companies in Radical Ventures' Portfolio
16 companies from Radical Ventures' portfolio have been acquired. The most recent acquisition was World Labs in Sep 2026 by AMD for $*****.Here are Radical Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 28, 2026 | Sep 13, 2024 | Series A | 3406 | |
Oct 22, 2025 | Jul 26, 2023 | Seed | 8148 | |
Sep 23, 2025 | May 30, 2025 | Series C | 4483 | |
Jun 27, 2025 | Oct 25, 2023 | Seed | 6221 | |
Jun 27, 2025 | Oct 18, 2021 | Series A | 4556 |
Team profile of Radical Ventures
Radical Ventures has a team of 24 members including 16 Partners and 4 Principals located in Canada, United States and 2 more locations. Radical Ventures' team sits on the board of 8 companies.Here is a list of top team members in Radical Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | |||
Partner | Toronto | - | ||
Partner | Toronto | - | ||
Partner | - | - | - | |
Partner | Canada | |||
Partner | Toronto | - | ||
Partner | Toronto | |||
Partner | Ottawa | |||
Partner | Toronto | |||
Partner | London | - | ||
Partner | Toronto | - |
Co-investors of Radical Ventures
Over the past 9 years, 742 investors have co-invested in Radical Ventures's portfolio companies. This includes funds and angels.
- Invested before Radical Ventures: Andreessen Horowitz, Felicis Ventures and 242 others have invested in rounds before Radical Ventures. There are 4 companies where Andreessen Horowitz has invested before Radical Ventures and 3 companies where Felicis Ventures has invested before Radical Ventures.
- Top Co-investors of Radical Ventures: 272 investors entered a company along with Radical Ventures. These include investors like Index Ventures (6 companies).
- Invested after Radical Ventures: A total of 226 investors have invested in Radical Ventures's portfolio after their investments. Top Investors include Nvidia (9 companies), Salesforce Ventures (4 companies) and Tiger Global Management (4 companies).
Recent News related to Radical Ventures
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Reliance Global Share Price Hits Over 1-Year High on Brookfield's A$29 Billion Acquisition DealInvesting•Sep 16, 2026•Brookfield Asset Management, Radical Ventures, Com.au, ACME Group and 1 other
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Radical Ventures Announces Largest Venture Capital Fund in Canadian HistoryCNW•Sep 15, 2026•PSP Investments, CPP Investments, Radical Ventures, Mantic and 2 others
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Temasek, Seraphim Lead Pixxel's $100 Million Series C Funding RoundVCCircle•Sep 07, 2026•Temasek, Pixxel, Seraphim, Pixxel.com and 6 others
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Prime Intellect Raises $130M at $1B Valuation for AI Training PlatformSiliconAngle•Jul 09, 2026•Prime Intellect, NVentures, Radical Ventures, LeapXpert and 8 others
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TwelveLabs Raises $100 Million in Series B Funding for Video Intelligence PlatformCaproasia•Jul 04, 2026•New Enterprise Associates, Twelve Labs, Amazon, Radical Ventures
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AI Agent Infrastructure Sail Research Raises $80 MillionPANews•Jun 25, 2026•Kleiner Perkins, Redpoint Ventures, Theory Ventures, Sequoia and 5 others
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From Minecraft AI to Physical AI — Descartes launches robot training simulator with Oasis 3Wowtale•Jun 10, 2026•Valor Equity Partners, Atreides Management, Benchmark, Decart and 7 others
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Generalist AI Raises $400M, Reaches $2B ValuationVentureburn•Jun 05, 2026•Generalist AI, Radical Ventures
