Radical Ventures

Radical Ventures is an early-stage venture capital firm investing in entrepreneurs applying deep technology to transform massive industries. With a primary focus on artificial intelligence, Radical Ventures partners with entrepreneurs with global ambition to build enduring companies. The firm is based in Toronto, Canada, and is backed by global investors.

Rob Toews

Partner

51 past transactions

Pixxel

Venture Round in 2023
Pixxel is a company that manufactures remote sensing satellites, providing valuable data on various resources such as minerals and water on the Moon, Mars, and asteroid belts. Founded in 2018 by students from BITS Pilani, an Indian university, the company is headquartered in Bengaluru, India. Pixxel's technology aims to contribute to advancements in space exploration and resource management by delivering high-resolution satellite imagery and data analysis.

Chemix

Seed Round in 2023
Operator of an AI platform designed to offer high-performance batteries. The company's platform offers high-performance batteries custom-designed for specific EV market segments including e-motorcycles, sports cars, and long-range premium EVs through a purpose-built AI-based battery design platform, MIX, coupled with a vast amount of in-house collected data, accelerating the battery development process, enabling customers the widest range of potential battery on sustainable chemistries that contain low to no cobalt as well as zero nickel elements.

Covariant

Series C in 2023
Covariant is a developer of artificial intelligence for robotics. Covariant is building the Covariant Brain, a universal AI to give robots the ability to see, reason and act on the world around them.

Infima

Seed Round in 2022
infima is a Stanford University spinoff building a prediction-as-a-service platform for the $25T credit market. Our mission-critical predictions of borrower, security and market behavior set new accuracy and latency standards, enabling market participants to boost performance by making superior investment, trading, structuring, rating, and servicing decisions in real time.

Hebbia

Seed Round in 2022
Hebbia Inc. designs and develops AI productivity tools for knowledge workers. The company was incorporated in 2020 and is based in West Hollywood, California.

Signal 1

Seed Round in 2022
Signal 1’s AI platform helps hospitals tackle these by integrating AI-driven insights directly into existing workflows, delivering improved patient outcomes, enhanced hospital efficiency and reduced stress for front-line workers.

Unlearn

Series B in 2022
Unlearn is a San Francisco-based company founded in 2017 that specializes in using artificial intelligence to enhance clinical research. It develops innovative software tools aimed at improving clinical trial design, including the creation of Digital Twins to generate Intelligent Control Arms. By utilizing historical datasets and disease-specific machine-learning models, Unlearn produces virtual placebo patients derived from actual patient baseline data, which helps to increase trial power, accelerate timelines, and provide patient-level insights. This approach reduces or eliminates the need for concurrent control arms in clinical studies, streamlining the research process. Unlearn has garnered significant attention, securing $20 million in funding and collaborating with leading pharmaceutical companies. Its work has been recognized in prestigious publications, including a peer-reviewed article in Nature, and it has been acknowledged as a key player in digital health innovation. The company continues to engage with regulators and industry leaders to drive advancements in clinical research through the application of AI technologies.

PocketHealth

Series A in 2022
PocketHealth is a better way to instantly receive and share sensitive medical imaging information. PocketHealth’s platform allows patients to share imaging records electronically with patients.

Pixxel

Series A in 2022
Pixxel is a company that manufactures remote sensing satellites, providing valuable data on various resources such as minerals and water on the Moon, Mars, and asteroid belts. Founded in 2018 by students from BITS Pilani, an Indian university, the company is headquartered in Bengaluru, India. Pixxel's technology aims to contribute to advancements in space exploration and resource management by delivering high-resolution satellite imagery and data analysis.

Twelve Labs

Seed Round in 2022
Twelve Labs transforms video into machine-consumable form.

Crossing Minds

Series A in 2021
Crossing Minds applies next-generation artificial intelligence to enrich the human experience. Using predictive models and cultural taste correlations, Crossing Minds builds products and services that appreciate and adapt to every individual. Crossing Minds' first product, Hai, is a platform of cultural discovery. It generates custom, personalized recommendations in categories ranging from music, books, movies, tv shows, podcasts, and videos games - with further channels in development such as restaurants, travel activities, alcohol and more. Hai was designed to feel like a game: intuitive and playful. As users rate and archive items for their library, or add third-party accounts to improve their profile. It also opens more mediums of discovery and introduces advanced features like chat and voice interaction. In understanding the full spectrum of a user’s taste, Hai’s suggestions speak to the heart of a person’s preferences, and can adapt to mood and situation. Founded in 2016, Crossing Minds is headquartered at San Francisco, California.

Covariant

Series C in 2021
Covariant is a developer of artificial intelligence for robotics. Covariant is building the Covariant Brain, a universal AI to give robots the ability to see, reason and act on the world around them.

ClimateAI

Series A in 2021
ClimateAI develops an AI-powered enterprise software platform that enables to predict physical risks of climate change on real assets. It helps investors, insurers, and governments develop climate-resilient strategies. ClimateAI is composed of a team of scientists, engineers, and business leaders from Stanford, Princeton, Harvard, and Berkeley who all believe that climate change is the most important problem of our generation. Thew company was founded in 2017 and is based in San Francisco, California.

Untether AI

Venture Round in 2021
Untether AI Corporation specializes in manufacturing neural network-based inference processors and chips, aimed at enhancing the capabilities of devices such as augmented reality headsets and wearables. Founded in 2017 and headquartered in Toronto, Canada, the company focuses on creating a new class of specialized processors that prioritize efficiency by minimizing complexity while maintaining essential operations for neural net inference. This approach allows devices to perform critical functions like machine vision and speech recognition within strict energy constraints, addressing challenges that current inference technologies face. Untether AI's innovative architecture is designed to maximize inference output while minimizing power consumption, making it well-suited to meet the evolving demands of various applications.

Waabi

Series A in 2021
Waabi operates as a self-driving technology start-up. Waabi is bringing the promise of self-driving closer to commercialization than ever before.

Cape Privacy

Series A in 2021
Empowering data scientists and data owners to collaborate in a secure and trusted way

Promise Robotics

Seed Round in 2021
Promise Robotics enables the building industry to harness industrialized robotics and AI towards the production of more affordable and sustainable buildings. The company provides ready-to-deploy industrialized robotics systems coupled with SaaS Production Management Services for the production of NetZero-ready timber buildings.

Genesis Therapeutics

Series A in 2020
Their academia-leading research was the initial component of our expanding portfolio of AI technologies. They are combining novel deep neural networks, biophysical simulation, and massively scalable computing infrastructure to achieve industry-leading performance in a molecular generation and property prediction. The company was founded in 2019 and based in South San Francisco, California.

Acerta Analytics

Series A in 2020
Acerta Systems Analytics Inc. specializes in providing machine intelligence solutions that convert raw machine data into actionable insights. The company's primary offering, Acerta CHECK, employs a combination of statistical methods, data mining algorithms, and machine learning techniques to identify critical issues and anomalies in machine behavior. Targeting the automotive sector, Acerta's solutions cater to OEMs, parts suppliers, and vehicle testing equipment providers, enhancing vehicle health monitoring and data acquisition. Additionally, the company's algorithms are utilized in the aerospace industry for airplane health management and engine testing. By detecting anomalies and predicting equipment failures, Acerta supports manufacturers in optimizing their processes and improving product quality. Founded in 2014 and based in Waterloo, Canada, Acerta is committed to transforming quality control in the automotive industry through advanced artificial intelligence applications.

Pngme

Seed Round in 2020
Pngme is an all-inclusive mobile finance platform with mobile payments, savings, and a digital-footprint-based credit score giving MSME's (Micro, Small, and Medium Enterprises) and un/underbanked consumers access to finance.

Dark Slope

Seed Round in 2020
Dark Slope Studios Inc., founded in 2018 and based in Toronto, Canada, specializes in developing games, educational content, and narrative experiences aimed at location-based entertainment venues, cultural institutions, and brands. The company creates immersive virtual and augmented reality experiences that allow multiple users to interact within shared environments, ranging from shipping containers to large play areas and arenas. Dark Slope also operates a motion capture studio, which facilitates the production of real-time mocap animation for broadcast purposes. Additionally, the company focuses on applications for immersive learning related to health and safety, field operations, and soft skill development, offering realistic three-dimensional spaces for training and collaboration. This approach is designed to enhance user engagement, improve retention, and streamline the onboarding process for organizations.

Untether AI

Series A in 2020
Untether AI Corporation specializes in manufacturing neural network-based inference processors and chips, aimed at enhancing the capabilities of devices such as augmented reality headsets and wearables. Founded in 2017 and headquartered in Toronto, Canada, the company focuses on creating a new class of specialized processors that prioritize efficiency by minimizing complexity while maintaining essential operations for neural net inference. This approach allows devices to perform critical functions like machine vision and speech recognition within strict energy constraints, addressing challenges that current inference technologies face. Untether AI's innovative architecture is designed to maximize inference output while minimizing power consumption, making it well-suited to meet the evolving demands of various applications.

Cape Privacy

Seed Round in 2020
Empowering data scientists and data owners to collaborate in a secure and trusted way

Covariant

Series B in 2020
Covariant is a developer of artificial intelligence for robotics. Covariant is building the Covariant Brain, a universal AI to give robots the ability to see, reason and act on the world around them.

PocketHealth

Series A in 2020
PocketHealth is a better way to instantly receive and share sensitive medical imaging information. PocketHealth’s platform allows patients to share imaging records electronically with patients.

Aspect Biosystems

Series A in 2020
Aspect Biosystems Ltd. is a biotechnology company based in Vancouver, Canada, specializing in 3D bioprinting and tissue engineering. Founded in 2013, the company utilizes advanced microfluidics and its proprietary 3D bioprinting platform to create physiologically relevant living tissues, which aids medical research and the development of bioprinted therapeutics. Aspect's technology enables precise control over biomaterial composition and structure during tissue fabrication, and it offers contract testing services utilizing its 3DAirwayALI human tissue model. The company collaborates with pharmaceutical firms and academic institutions to explore pathways in respiratory diseases and is actively developing internal regenerative medicine programs targeting metabolic diseases and musculoskeletal disorders. Through partnerships with industry leaders, Aspect aims to advance the commercialization of bioprinted therapeutics.

Untether AI

Series A in 2019
Untether AI Corporation specializes in manufacturing neural network-based inference processors and chips, aimed at enhancing the capabilities of devices such as augmented reality headsets and wearables. Founded in 2017 and headquartered in Toronto, Canada, the company focuses on creating a new class of specialized processors that prioritize efficiency by minimizing complexity while maintaining essential operations for neural net inference. This approach allows devices to perform critical functions like machine vision and speech recognition within strict energy constraints, addressing challenges that current inference technologies face. Untether AI's innovative architecture is designed to maximize inference output while minimizing power consumption, making it well-suited to meet the evolving demands of various applications.

Pngme

Pre Seed Round in 2019
Pngme is an all-inclusive mobile finance platform with mobile payments, savings, and a digital-footprint-based credit score giving MSME's (Micro, Small, and Medium Enterprises) and un/underbanked consumers access to finance.

RoadBotics

Series A in 2019
RoadBotics empowers governments and communities to make objective, data-driven decisions about their public infrastructure assets. We automate image mapping and road assessments, generating interactive maps, unbiased ratings, and practical tools to save time and taxpayer dollars for hundreds of communities across the country and around the world.

Sensibill

Series B in 2019
Sensibill Inc., founded in 2012 and based in Toronto, Canada, operates a cloud-based application that enables users to access digital receipts directly from their bank accounts. The company offers a comprehensive digital receipts ecosystem, providing financial institutions with a turnkey solution to help retail customers manage itemized receipts through trusted banking applications. Sensibill's platform emphasizes a user-friendly interface, enhancing customer engagement and fostering loyalty among users. By integrating technology with design, Sensibill transforms the way customers interact with their financial services, turning them into advocates for the banking applications they utilize.

Xanadu

Series A in 2019
Xanadu Quantum Technologies Inc. is a Canadian company based in Toronto that specializes in developing photonic quantum computers. Founded in 2016, Xanadu integrates quantum silicon photonic chips into existing hardware to create a comprehensive quantum computing system. The company aims to provide quantum computing resources on demand, enabling significant computational advancements over traditional methods to address complex real-world challenges. Xanadu offers several platforms, including PennyLane, a Python library for quantum machine learning and hybrid quantum-classical computations, and Strawberry Fields, an open-source programming language for quantum applications. By combining academic research with industry expertise, Xanadu is positioned to drive innovation in the field of quantum technology.

Tread

Seed Round in 2019
Tread, Inc. is a Toronto-based company founded in 2016 that specializes in developing a platform for managing construction equipment services. The software facilitates interactions among contractors, brokers, and operators, enabling them to collaborate effectively as if they belong to the same fleet. By generating data-driven insights, Tread's platform helps improve equipment usage, enhancing operational efficiency within the construction industry.

RoadBotics

Seed Round in 2018
RoadBotics empowers governments and communities to make objective, data-driven decisions about their public infrastructure assets. We automate image mapping and road assessments, generating interactive maps, unbiased ratings, and practical tools to save time and taxpayer dollars for hundreds of communities across the country and around the world.

Landis

Seed Round in 2018
Landis is an innovative online selling and buying platform helping renters become homeowners. They allow their customers to select their dream home, rent it and purchase it anytime in the first twelve months. It also offers tools and incentives to their customers to improve their credit score and build up their down payment. Landis is also specializing in commercial, real estate technology, and residential. It also provides with a transparent and easy process to transition seamlessly from renting to owning. Landis was founded in 2017and is headquartered in New York, NY, USA.

Landis

Seed Round in 2018
Landis is an innovative online selling and buying platform helping renters become homeowners. They allow their customers to select their dream home, rent it and purchase it anytime in the first twelve months. It also offers tools and incentives to their customers to improve their credit score and build up their down payment. Landis is also specializing in commercial, real estate technology, and residential. It also provides with a transparent and easy process to transition seamlessly from renting to owning. Landis was founded in 2017and is headquartered in New York, NY, USA.

Inkbox

Series A in 2018
Inkbox is a Toronto-based company specializing in semi-permanent tattoos and tattoo kits. Founded by brothers Tyler and Braden Handley, Inkbox emerged from their desire for a tattoo experience that avoids the permanence typically associated with traditional tattoos. The company offers tattoo kits that include an applicator, tattoo ink, gloves, a pre-moistened cloth, and an ethyl alcohol wipe. Inkbox tattoos are made from an organic fruit-based formula that allows the designs to last for about two weeks while providing the look and feel of real tattoos. Customers can choose from a diverse range of designs across various categories, including nature, music, and quotes, or they can create custom designs. The application process is straightforward, enabling users to apply tattoos at home without the need for needles.
Virgo Surgical Video Solutions, Inc. is a company based in San Francisco, California, that specializes in developing a cloud-based video recording platform tailored for the healthcare sector, particularly in gastroenterology. Incorporated in 2017, Virgo offers its Virgo AI platform, which enables endoscopic video recording while ensuring HIPAA compliance, data encryption, and secure cloud storage. This innovative solution replaces traditional methods of capturing video from procedures like colonoscopies and upper endoscopies, which often relied on DVDs and thumb drives. By streamlining video capture and accessibility, Virgo enhances the ability of gastroenterologists to utilize video for various purposes, including patient care, quality improvement, research, and training.

Phenomic AI

Seed Round in 2018
Phenomic AI is a developer of a drug discovery platform designed to discovery and optimize therapeutics directly against phenotypic assays.The company's platform uses artificial intelligence to analyze phenotypes in complex disease models including high-content co-culture and 3D assays, enabling pharmaceutical companies to discover drugs in an easier way.

BenchSci

Series A in 2018
BenchSci's vision is to bring medicine to patients 50% faster by 2025. The company empowers scientists with the world’s most advanced biomedical artificial intelligence to run more successful experiments. Backed by F-Prime, Gradient Ventures (Google’s AI fund), and Inovia Capital, BenchSci's proprietary technology accelerates science at 15 top 20 pharmaceutical companies and over 4,300 leading research centers worldwide. BenchSci is a CIX Top 10 Growth company, certified Great Place to Work®, and top-ranked company on Glassdoor.

Medchart

Seed Round in 2018
MedChart Inc. operates a cloud-based platform designed to simplify the retrieval and management of healthcare records. Founded in 2014 and based in Toronto, Canada, the company enables patients to view, store, and share their medical records securely online. MedChart's offerings include a variety of document types, such as legal, hospital, clinical, and research documents. The platform automates the release of information process, enhancing the ease with which individuals can access their health data. By facilitating better ownership and management of medical records, MedChart aims to improve patient care and streamline interactions between patients and healthcare providers.

TritonWear

Seed Round in 2018
TritonWear Inc., based in Kitchener, Canada, specializes in developing performance wearables that enable coaches and athletes to monitor performance in real time via mobile devices. The company offers a highly accurate sports wearable that uniquely provides personalized, AI-based auto-coaching, tailored to individual data. By focusing on the critical issues of inaccurate data and the lack of actionable feedback within the burgeoning fitness and sports wearables market, TritonWear has carved out a distinctive niche. The company aims to enhance athletic performance by delivering precise insights and guidance to users.

Roadmunk

Seed Round in 2018
Roadmunk is a web-based product roadmap visualization planning tool for product managers and stakeholders. It enables its users to manage an entire product portfolio across multiple teams with a range of comprehensive sharing features, master roadmapping, and a two-way data integration with Jira. Roadmunk supports various formats, including PDF, PowerPoint, URL, HTML, and PNG. It was launched in 2012 by Latif Nanji and Tomas Benda. Roadmunk is operated from Toronto, Ontario.

Drop

Series A in 2018
Drop Technologies Inc. operates a mobile-based loyalty platform that enables users to earn reward points on various brands through their debit and credit card purchases. Users can link their cards to the application, allowing them to accumulate points that can be redeemed for experiences, dining, and shopping. The platform caters to brick-and-mortar retailers, online retailers, and subscription services, enhancing the shopping experience by offering personalized rewards based on spending habits. The mobile application is accessible on both iOS and Android devices. Founded in 2015 and headquartered in Toronto, Canada, Drop Technologies Inc. was previously known as Drop Loyalty Inc. before rebranding in January 2018.

Tread

Pre Seed Round in 2018
Tread, Inc. is a Toronto-based company founded in 2016 that specializes in developing a platform for managing construction equipment services. The software facilitates interactions among contractors, brokers, and operators, enabling them to collaborate effectively as if they belong to the same fleet. By generating data-driven insights, Tread's platform helps improve equipment usage, enhancing operational efficiency within the construction industry.

Elucid Labs

Seed Round in 2017
Elucid Labs is a MedTech company developing augmented intelligence imaging solution for early detection and diagnosis of skin cancer. Its proprietary imaging technology probes the molecular makeup of the skin at different layers and produces an unique fingerprint for the mole/lesion. The company has developed a proprietary AI technology translates this fingerprint into valuable clinical informatics to assist dermatologists in making better, faster, and more well informed decisions. With its technology, detection and diagnosis of skin cancer can be performed at much earlier stages of development which in turn reduces the cost of treatment as well as significantly reducing the unnecessary biopsies carried out every year.

BenchSci

Seed Round in 2017
BenchSci's vision is to bring medicine to patients 50% faster by 2025. The company empowers scientists with the world’s most advanced biomedical artificial intelligence to run more successful experiments. Backed by F-Prime, Gradient Ventures (Google’s AI fund), and Inovia Capital, BenchSci's proprietary technology accelerates science at 15 top 20 pharmaceutical companies and over 4,300 leading research centers worldwide. BenchSci is a CIX Top 10 Growth company, certified Great Place to Work®, and top-ranked company on Glassdoor.

Acerta Analytics

Seed Round in 2017
Acerta Systems Analytics Inc. specializes in providing machine intelligence solutions that convert raw machine data into actionable insights. The company's primary offering, Acerta CHECK, employs a combination of statistical methods, data mining algorithms, and machine learning techniques to identify critical issues and anomalies in machine behavior. Targeting the automotive sector, Acerta's solutions cater to OEMs, parts suppliers, and vehicle testing equipment providers, enhancing vehicle health monitoring and data acquisition. Additionally, the company's algorithms are utilized in the aerospace industry for airplane health management and engine testing. By detecting anomalies and predicting equipment failures, Acerta supports manufacturers in optimizing their processes and improving product quality. Founded in 2014 and based in Waterloo, Canada, Acerta is committed to transforming quality control in the automotive industry through advanced artificial intelligence applications.

Plantiga

Venture Round in 2017
Plantiga provides human movement intelligence, a deep insight into health based on the way people move. Its platform is built to optimize health, prevent injury, and monitor recovery by detecting changes in functional movement patterns that the eye cannot see. The company was founded in 2017 and is headquartered in Vancouver, British Columbia.