Draft:Radical Ventures
Submission declined on 4 February 2026 by AllWeKnowOfHeaven (talk).
Where to get help
How to improve a draft
You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article. Improving your odds of a speedy review To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags. Editor resources
|  |
| Type | Private |
|---|---|
| Industry | Venture capital |
| Founded | 2017 |
| Founders | Jordan Jacobs Tomi Poutanen Benji Sucher |
| Headquarters | Toronto, Ontario |
| Key people | Jordan Jacobs (Managing Partner) Tomi Poutanen (Partner) Ed Clark (Partner) Dominic Barton (Partner) Fei-Fei Li (Scientific Partner) |
| AUM | US$1.8 billion (2024)[1] |
| Website | radical |
Radical Ventures is a Toronto-based venture capital firm investing in artificial intelligence (AI) and deep tech.[2][3] Founded in 2017, the firm manages approximately US$1.8 billion in assets and maintains close ties to the Vector Institute.[1][4]
Notable investments include Cohere (LLMs),[5] Waabi (autonomous trucking),[6][7] Covariant (robotics),[8] Xanadu (quantum computing),[9] Untether AI (chips),[10] Hebbia,[11] and You.com.[12]
History and Funds
[edit]Founders Jordan Jacobs[13] and Tomi Poutanen[14] (previously of Layer 6 AI, acquired by TD Bank Group[15][16]) launched Radical[17] to address the capital gap for Canadian deep tech.[18][19][20] Their US$325 million Fund II (2019) was anchored by CPP Investments and others.[21] Subsequent raises include a US$550 million Fund III (2023), a US$800 million Growth Fund (2024)[22][23] and $650 million raise in 2025.[24][25][1]
Investing across AI infrastructure and vertical applications, Radical supports portfolio companies via its internal "Velocity Team."[26][27] The firm integrates academic expertise, with Fei-Fei Li as a Scientific Partner and Geoffrey Hinton as an advisor.[28][29]
People
[edit]Key partners include former TD Bank Group CEO Ed Clark, former McKinsey & Company Global Managing Partner Dominic Barton, and Salim Teja.[30]
References
[edit]- 1 2 3 Silcoff, Sean (2024-08-15). "Radical Ventures launches $800-million USD AI growth fund". BetaKit.
- ↑ "Radical Ventures raises US$650M fund". The Logic. 2025-10-07.
- ↑ Silcoff, Sean (2019-05-07). "Toronto's Radical Ventures launches US$350-million AI fund". The Globe and Mail.
- ↑ "History of the Vector Institute". Vector Institute. Retrieved 2024-02-01.
- ↑ "Cohere raises $270M Series C from Inovia, NVIDIA, Oracle, Salesforce, and others". BetaKit. 2023-06-08.
- ↑ Press, The Canadian (2026-01-28). "Waabi secures US$1 billion in funding as it pushes self-driving trucks, robotaxis". Toronto Star. Retrieved 2026-02-03.
- ↑ "Raquel Urtasun launches Waabi with $83.5M USD Series A to commercialize autonomous trucking technology". BetaKit. 2021-06-08.
- ↑ "Covariant raises $80M Series C". TechCrunch. 2021-07-27.
- ↑ "Xanadu raises $100M USD Series C to build photonic quantum computer". BetaKit. 2022-11-09.
- ↑ "Untether AI raises $135 million to build chips for AI inference". VentureBeat. 2021-07-20.
- ↑ "Hebbia raises $30M Series A led by Index Ventures". TechCrunch. 2022-09-01.
- ↑ "You.com raises $25M". TechCrunch. 2022-07-14.
- ↑ "Jordan Jacobs on AI's 'profound' implications, responsible development – and why he backed Cohere | University of Toronto". www.utoronto.ca. Retrieved 2026-02-03.
- ↑ Hemmadi, Murad (2023-07-14). "Radical's Jordan Jacobs on investing in AI before its breakout moment—and after". The Logic. Retrieved 2026-02-03.
{{cite web}}: CS1 maint: deprecated archival service (link) - ↑ "TD Bank embraces AI future with purchase of startup built by U of T alumni | University of Toronto". www.utoronto.ca. Retrieved 2026-02-03.
- ↑ David, Emilia (2025-08-11). "TD Securities taps Layer 6 and OpenAI to deliver real-time equity insights to sales and trading teams". VentureBeat. Archived from the original on 2025-08-15. Retrieved 2026-02-03.
- ↑ "TD's AI chief quits to start health care firm, backed by bank and Inovia Capital". The Globe and Mail. 2022-04-25. Retrieved 2026-02-03.
- ↑ "Radical Ventures launches with $350M fund for deep tech". TechCrunch. 2019-05-07.
- ↑ "TD Bank acquires artificial intelligence startup Layer 6". Reuters. 2018-01-09.
- ↑ "Former Layer 6 founders launch massive $350-million AI venture capital fund". Financial Post. 2019-05-07.
- ↑ "Radical Ventures Launches USD $350 Million Fund Focused on AI". BetaKit. 2019-05-07.
- ↑ "Radical Ventures raises nearly $800mn to focus on AI". www.ft.com. Retrieved 2026-02-03.
{{cite web}}: CS1 maint: deprecated archival service (link) - ↑ "Seeding the Future: Radical Ventures and the Rise of Canadian AI". Financial Post.
- ↑ "Radical Venture Closes $650 million early-stage AI fund". Globe and Mail.
{{cite news}}: CS1 maint: deprecated archival service (link) - ↑ "Radical Ventures raises $550mn for new AI fund". Financial Times. 2023-01-01.
- ↑ "Investment Strategy". Radical Ventures. Retrieved 2024-02-01.
- ↑ "Velocity Program". Radical Ventures. Retrieved 2024-02-01.
- ↑ "AI pioneer Fei-Fei Li joins Radical Ventures as scientific partner". Forbes. 2021-01-01.
- ↑ "Geoffrey Hinton among advisers to new Radical Ventures AI fund". The Globe and Mail. 2019-05-07.
- ↑ "About Radical Ventures". Radical Ventures. Retrieved 2024-02-01.
Wikipedia articles must be written neutrally in a formal, impersonal, and dispassionate way. They should not read like a blog post, advertisement, or fan page. Rewrite the draft to remove:
Instead, only summarize in your own words a range of independent, reliable, published sources that discuss the subject.
If you have a conflict of interest (e.g. you are the subject, an employee, or a relative) or are being paid to edit, you must disclose this to comply with Wikipedia's Terms of Use.