company
Toronto-based venture capital firm specializing in AI investments, backing startups across robotics, foundation models, and emerging AI infrastructure.
No evidence-backed relationships are recorded.
Prime Minister Mark Carney named 13 advisers to an AI council on October 2, with homegrown champions and sovereign infrastructure among its five priorities. It cannot spend or legislate, so its sway over procurement depends on ministers acting on what it recommends.
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A $200M extension prices the robot foundation model startup at $3B, led by an investor already on the cap table. The field evidence is a company claim about three-second demos.
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The round takes Pixxel to $195m, well past what European rivals raising at Univity's EUR 27m scale can put behind a sovereign bid. It arrived after the NRO and India's own regulator had already signed.
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Atreides Management, Mubadala Capital and Valor Equity Partners co-led an initial close of $3.9 billion at a $30.9 billion post-money valuation. One of Crusoe's six contracted gigawatts is running today.
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What Anthropic wanted from Decart was cheaper serving, not a new product line, and the walk-away leaves the buy-versus-license question on compute efficiency sitting exactly where operators keep finding it.
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Sources cited by TechCrunch say the 44-person lab is in talks at a $6 billion pre-money valuation, weeks after closing at $2.3 billion. That is a 2.6x step-up, and more than 3x pre-to-pre.
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Veeda AI raised $90 million three months after being founded, co-led by Khosla Ventures and Radical Ventures. The pitch: simulated reality is the infrastructure layer robotics is missing.
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