Amount$225M
SeriesSeries C
AnnouncedJun 9, 2026
SectorArtificial Intelligence
Sub-sectorAI-native
RegionCanada
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Series C round (5.0× the median) — an outlier.
Syndicate size
8 investors on the cap table.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series C rounds (999)
Round size distribution95th pct
smaller Series C roundslarger
vs. Artificial Intelligence (650)
Round size in sector93th pct
$20Kthis round: $225M$75M
