Radical Ventures Secures Over US$1B at First Close of Late-Stage AI Fund

Radical Ventures closed the first round of its Radical Breakouts Fund with over US$1 billion, marking Canada's largest venture capital fund. The fund targets late-stage AI scale-ups, aiming to provide domestic capital for companies often forced to seek funding abroad. Investors include major Canadian pension funds and banks, supporting Radical's global AI investment expansion.