The Toronto-based investment firm will use the new money to back early-stage AI startups. The Canada Pension Plan Investment Board contributed US$75 million to the fund. (The Globe & Mail)
Skip to content
The Toronto-based investment firm will use the new money to back early-stage AI startups. The Canada Pension Plan Investment Board contributed US$75 million to the fund. (The Globe & Mail)
Talking point: AI is currently driving the market for investing in private technology companies, with AI deals accounting for 63.3 per cent of the total raised in the 12 months through September 2025, according to PitchBook data. Radical’s recent additions to its early-stage portfolio include hiring tech firm Ribbon, developer toolmaker Unblocked, drug developer Intrepid and M&A software startup OffDeal. The venture firm also doubled down on flagship investment Cohere, co-leading the company’s latest US$600-million round. The new early-stage fund, incorporated in April, is Radical’s fourth. Attuned Intelligence also announced Tuesday that Radical had co-led a US$13-million seed round for the U.S. startup building AI agents for health-care call centres.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
News
Cenovus announces $5.7B takeover of Athabasca, with a nod to Carney’s Mega Deduction
Briefing
Defence minister picks longtime CCI executive as new chief of staff
U of T launches $100M program to draw top-tier PhD students to focus on key social issues
Brookfield says there’s ‘enough to go around’ as it partners with rivals on AI investments
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
