Saturday, October 3, 2026
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Radical Ventures

Radical Ventures Closes Billion-Dollar Fund Meant to Keep AI Firms Canadian

Money · Startups & Tech Money

Radical Ventures Closes Billion-Dollar Fund Meant to Keep AI Firms Canadian

Canada's largest pension funds and banks have backed a new US$1 billion venture vehicle designed to stop homegrown AI companies from being pulled south for late-stage capital, though the fund itself is free to invest anywhere in the Western world.

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