Radical Ventures Fund I

Radical Ventures

cb Email

Status

ACTIVE

Global HQ

Toronto, Canada

Countries of investment

Canada
United States
United Kingdom
Israel

Investment stages

Seed
Series A
Series B
Series C
Growth

Industries

AI
Generative AI
Machine Learning
Deep Tech
Science
Robotics
Autonomous Vehicles
Biotechnology
Quantum Computing
Enterprise Software
Space Tech

About
Radical Ventures is a Toronto-based venture capital firm dedicated to artificial intelligence. It backs founders building AI companies across North America, the UK and Israel, and maintains close ties to the research community that made Toronto an AI hub. Its network includes senior figures in machine learning research.

Min check size: $5M
Max check size: $25M
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Investment Thesis

Radical Ventures invests exclusively in artificial intelligence, on the thesis that AI is a general-purpose technology requiring specialist technical judgment rather than generalist software diligence. It backs companies from seed through growth across foundation models, applied AI and AI-enabled industry transformation, drawing on advisors from the academic AI community.

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Manager's Experience

Founded in 2017 in Toronto and led by Co-Founder and Managing Partner Jordan Jacobs (JD from Osgoode Hall, co-founded Layer 6 AI and was co-CEO until TD Bank Group acquired it, then TD's Chief AI Officer for Business and Strategy) and Co-founder and Partner Tomi Poutanen (MSc in computer engineering and MBA from the University of Toronto, co-founded Layer 6, earlier worked on machine learning for web search at Yahoo and Bing). The team includes Partners Sanjana Basu, David Katz, Rich Kotite, Richa Mehta, Daniel Mulet, Parasvil Patel, Aaron Rosenberg, Vin Sachidananda, Ryan Shannon, Rob Toews, and Molly Welch, with John Megrue as Vice Chair and Dr. Fei-Fei Li as Scientific Partner. A $650M early-stage fund closed in October 2025, the firm's sixth fund overall, after an $800M growth fund. About 80 portfolio companies, including Cohere, Waabi, Xanadu, Etched, Crusoe, World Labs, Writer, You.com, Latent Labs, and Aspect Biosystems. Based in Toronto with offices in London and San Francisco, backing AI companies from early incubation through pre-IPO.