TLDR Tech / Fintech
Radical Ventures launches Canada's largest AI fund with $1B first close
Radical Ventures launched its multi-billion-dollar Radical Breakouts Fund with a first close of more than $1 billion, backed by major Canadian pension funds and banks including CPP Investments, PSP Investments, HOOPP, TD, and BMO. The fund will target late-stage AI companies in Canada and globally, reflecting a push to give Canadian scaleups access to the kind of large private-growth capital that has historically been concentrated in the US.
Read the full story