About Victory Square Technologies
Victory Square Technologies is a venture capital firm founded in 2015. It is primarily based out of Vancouver, Canada. As of Jun 2021, Victory Square Technologies has invested in 47 companies. It primarily invests in Seed round in Canada based startups. Its investments are spread across a wide range of sectors from High Tech to Blockchain Technology and Enterprise Applications. Most recently it participated in the $***** Seed round of Stardust Solar Overall, Victory Square Technologies portfolio has seen 2 unicorns, 7 IPOs and 3 acquisitions including key companies like Binance, Bitcoin and AspenTech. Victory Square Technologies has team of 9 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Victory Square Technologies' List of Top Investments
Victory Square Technologies has a portfolio of 47 companies, including 2 unicorns. Their most notable investments are in Capaciti and Stardust Solar.Their portfolio spans across Canada, United States, Singapore and 5 more locations. They have invested in High Tech, Blockchain Technology, Enterprise Applications and 18 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Victory Square Technologies:1. Binance
Online exchange platform for cryptocurrency. It allows users to buy, sell, and trade digital assets through multi-lingual solutions. It offers APIs, web-based, and app-based devices to access trading platforms for investing in cryptocurrencies. It also, features news articles, blogs, and discussion forums to assist new users. It enables users to track crypto live prices, explore new cryptocurrencies, and discover top gaining cryptos or top losing cryptocurrencies directly on the platform.
Key facts about Binance
- Founded Year: 2017
- Location: Abu Dhabi (United Arab Emirates)
- Stage: Series C
- Total Funding till date: $2.02B
- Employee Count: 14,673 as on Aug 31, 2026
- Investors: Fiparin, Janse Capital and 43 Others
- Latest Funding Round: Series C, Mar 12, 2025, $*****
- Highlight: Editors' Pick
2. Bitcoin
Decentralized P2P cryptocurrency for payments. It is based on the Bitcoin Blockchain. It enables users to send, receive, and make payments using digital currencies. It allows transfers through wallets, exchanges, events, and more.
Key facts about Bitcoin
- Founded Year: 2009
- Location: Las Vegas (United States)
- Stage: Public
- Total Funding till date: $100M
- Employee Count: 50 - 199 as on Mar 01, 2026
- Investors: 2020 Ventures, World Capital Holdings Group and 78 Others
- Latest Funding Round: Post IPO, Oct 21, 2021, $*****
- Highlight: Public
3. Ethereum
Blockchain-based public network for decentralized applications. It is a blockchain-based distributed computing platform and operating system featuring smart contract functionality. It provides a decentralized virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. It enables developers to build and deploy decentralized applications.
Key facts about Ethereum
- Founded Year: 2013
- Location: Toronto (Canada)
- Stage: Series B
- Employee Count: 979 as on Sep 30, 2026
- Investors: 2020 Ventures, 27th Street Capital and 109 Others
- Latest Funding Round: Series B, Oct 21, 2021, $*****
- Highlight: Editors' Pick
4. Enjin
Blockchain based gaming platform to create virtual assets. The portal creates gaming assets, recaptures the lost revenue, manages the marketplace by offering in-gaming assets in exchange for online engagement, and enables players to use various gaming characters, and more. The portal also developed a crypto wallet for traders, holders & gamers. The crypto wallet is available on Android & iOS platforms.
Key facts about Enjin
- Founded Year: 2009
- Location: Singapore (Singapore)
- Annual Revenue: SGD 1M - 10M as on Jun 30, 2013
- Stage: Seed
- Total Funding till date: $19M
- Employee Count: 77 as on Sep 30, 2026
- Investors: DEG, Blockchain Coinvestors and 19 Others
- Latest Funding Round: Seed, Mar 31, 2021, $*****
- Highlight: Editors' Pick
5. AspenTech
Provider of enterprise asset performance management, asset performance monitoring, and asset optimization software solutions. The company develops modeling, simulation, and advanced process control tools that help design and optimize complex process plants across sectors such as energy, chemicals, and engineering-intensive industries. Its asset performance management and predictive analytics applications use sensor and historian data to monitor equipment health, anticipate failures, and reduce unplanned downtime. Additional products cover production planning, scheduling, and manufacturing execution, connecting engineering models with real-time plant data for better operational decisions throughout the asset lifecycle.
Key facts about AspenTech
- Founded Year: 1981
- Location: Bedford (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $100M
- Employee Count: 4,040 as on Sep 30, 2026
- Investors: Transpac, White Star Capital and 4 Others
- Latest Funding Round: PE, Aug 13, 2013, $*****
- Highlight: Acquired
Victory Square Technologies' Year-on-Year Investment Trends
Its most recent first time investment was in Stardust Solar and most recent follow-on round was in Taloflow.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 1 | 0 | 1 |
2020 | 0 | 0 | 0 |
2019 | 0 | 0 | 0 |
2018 | 5 | 1 | 6 |
2017 | 1 | 0 | 1 |
Victory Square Technologies' Investments by Stage
Victory Square Technologies has made 6 investments in Seed stage with an average round size of $706K and 1 investment in Series A stage with an average round size of $3.36M.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Series A | 1 |
Note: We have considered here, only first round of investments
Victory Square Technologies' Investments by Sector
Victory Square Technologies has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Energy, Enterprise Infrastructure and Environment. Notably, it has invested in 31 Tech companies, 29 Enterprise (B2B) companies, 22 Software companies and at least 17 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
FinTech | 2 |
Energy | 1 |
Enterprise Infrastructure | 1 |
Environment | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Victory Square Technologies' Investments by Geography
Victory Square Technologies has made most investments in Canada (5), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
Canada | 5 |
United States | 2 |
Note: We have considered here, only first round of investments
Victory Square Technologies' recent investments
Victory Square Technologies has not made any investment in 2026 so far.Here are the most recent investments by Victory Square Technologies:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 08, 2021 | Canada | Seed | 3281 | - | |
Oct 25, 2018 | United States | Seed | 3786 | ||
Jul 24, 2018 | Canada | Seed | 7547 | - | |
May 15, 2018 | Canada | Seed | 3983 | - | |
May 11, 2018 | United States | Seed | 3080 | - |
Unicorns in Victory Square Technologies' Portfolio
Victory Square Technologies has 2 unicorns in its portfolio - Binance and Omise. The most recent unicorn in their portfolio is Binance. It became a unicorn in 2025, 1 years before Victory Square Technologies first invested in it.Here is a list of unicorns in Victory Square Technologies' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
83 | Online exchange platform for cryptocurrency | 2017 | Abu Dhabi | Series C | hruvaun | ||
62 | Provider of payment solutions and processing technology for businesses and platforms | 2013 | Bangkok | Series C | jn{uyhr |
IPOs and Publicly Listed companies in Victory Square Technologies' Portfolio
7 of Victory Square Technologies' portfolio companies have become public. Stardust Solar got listed on the Toronto Stock Exchange - Venture Exchange (TSX-V), in Oct 2024 and Turnium got listed on the Toronto Stock Exchange - Venture Exchange (TSX-V).Here are Victory Square Technologies' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 07, 2024 | Jun 08, 2021 | Seed | 8512 | |
Jun 22, 2022 | - | - | 2482 | |
Sep 08, 2021 | - | - | 1618 | |
Jun 01, 2021 | - | - | 4824 | |
Feb 18, 2021 | - | - | 6185 |
Acquired companies in Victory Square Technologies' Portfolio
3 companies from Victory Square Technologies' portfolio have been acquired. The most recent acquisition was Tantalus Labs in Aug 2023 by Atlanticcultivation for $*****.Here are Victory Square Technologies' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 28, 2023 | - | - | 2026 | |
Jun 01, 2022 | - | - | 5150 | |
Apr 04, 2018 | - | - | 9864 |
Team profile of Victory Square Technologies
Victory Square Technologies has a team of 9 members including 2 Partners located in Canada. Victory Square Technologies' team does not sit on the board of any company as of now.Co-investors of Victory Square Technologies
Over the past 9 years, 7 investors have co-invested in Victory Square Technologies's portfolio companies. This includes funds and angels.
- Invested before Victory Square Technologies: Block X has invested before Victory Square Technologies.
- Invested after Victory Square Technologies: A total of 6 investors have invested in Victory Square Technologies's portfolio after their investments. Top Investors include Plug and Play Tech Center (1 company), David Tedman (1 company) and Ross Wightman (1 company).
Recent News related to Victory Square Technologies
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Victory Square Announces U.S. Patent Allowance for Insu Therapeutics' Needle-Free Insulin and GLP-1 Delivery PlatformPR Newswire•Oct 08, 2026•Victory Square Technologies
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Victory Square Technologies Reports Strong First-Half 2026 Financial ResultsCNW•Sep 01, 2026•Victory Square Technologies, Hydreight
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Victory Square Technologies Provides Update on Hydreight and Healthcare Investments Following FDA Advisory Committee RecommendatioCNW•Jul 29, 2026•Victory Square Technologies
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Victory Square Reports Q1 2026 Financial Results and Provides Portfolio UpdatePR Newswire•Jun 02, 2026•Victory Square Technologies
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Victory Square Technologies Reports Fiscal 2025 Results Highlighting Platform Scaling, Healthcare Infrastructure Growth and PortfoCNW•May 01, 2026•Victory Square Technologies
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Hydreight Technologies Signs Letter of Intent to Acquire Dynamic IV Therapy AI AgentFinancial Post•Sep 08, 2025•Hydreight, Auxano, Victory Square Technologies
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Hydreight Technologies Partners with Dr. Franklin Joseph to Expand Weight Loss Brand in the USFinancial Post•Apr 08, 2025•Hydreight, Victory Square Technologies
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$10M health accelerator launched to boost nationwide growth of healthcare brands.GlobeNewswire•Jan 21, 2025•Hydreight, Victory Square Technologies
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$10M health accelerator launched to boost nationwide growth of healthcare brands.Financial Post•Jan 21, 2025•Victory Square Technologies, Hydreight
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Victory Square Technologies Reports Net Income of $10,661,274 and Earnings per Share of $0.11 in Q3 2024Miningstockeducation•Dec 03, 2024•Victory Square Technologies
