Tech & Gadgets

Radical Ventures launches Canada's largest AI fund with $1-billion USD first close

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Radical Ventures has launched a new venture capital fund, the Radical Breakouts Fund, securing over $1.4 billion CAD in its initial phase. This is significant for the tech and gadget space because it addresses a long-standing issue: limited access to large-scale funding for Canadian AI companies seeking to grow beyond their early stages. The fund's focus on backing AI scaleups aiming to become trillion-dollar businesses suggests we’ll see increased investment in ambitious, globally-minded Canadian ventures.

Read the full article at BetaKit

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