Radical Ventures
Facts
- HQ
- Toronto, ON, CA
- Sectors
- Venture Capital and Private Equity Principals
- Employees
- 54
Gatik raises $200.0M Series D, bringing total equity funding to $504.7M; listed among 15 largest US rounds of September 2026
AlleyWatch lists the largest US startup funding rounds for September 2026 (titled as August in headline), including detailed company profiles; one highlighted deal: Santa Clara-based autonomous trucking company Gatik raised $200.0M in a Series D, bringing its total equity funding to $504.7M.
Radical Ventures launches Canada’s largest VC fund with US$1B first close to back global AI 'breakouts'
Toronto-based Radical Ventures has launched Canada’s largest-ever venture capital fund with a first close just over US$1 billion, aiming to back about 12 fast-growing companies worldwide and help them reach trillion-dollar valuations by investing heavily in AI-driven firms across North America and Europe.
Canada Seeks Ways to Stop Startups Leaving for U.S. After Founders Cite Limited Canadian VC Funding
Canada is intensifying efforts to prevent startups from relocating to the U.S. after founders like Miles Schwartz say Canadian venture capital was scarce, prompting government and business searches for ways to keep companies home.
Anthropic Walks Away From ~$6 Billion Acquisition of Israeli AI Startup Decart Ahead of Possible Fall IPO
Anthropic terminated due diligence and walked away from an approximately $6 billion acquisition of Israeli AI startup Decart weeks before its expected fall IPO, though both companies say smaller collaboration remains possible. The failed deal raises questions as Anthropic pursues a potential public listing with reported lofty future revenues and valuations.
Emerald AI raises $150M Series A at $1.05B valuation to make AI data centers grid-responsive
Emerald AI, a Washington, D.C. startup founded in 2024, raised $150 million in a Series A at a $1.05 billion valuation to commercialize software that makes AI data centers grid-responsive and help address rising power demand from AI infrastructure.
Emerald AI raises $150M Series A at $1.05B valuation to make data centers grid-responsive
Emerald AI, a Washington, DC startup that makes data centers responsive to grid needs via its Emerald Conductor platform, raised $150 million in a Series A at a $1.05 billion valuation. The round was co-led by Energize Capital and DCVC with participation from strategic investors including NVIDIA, Samsung Ventures, Siemens, Aramco Ventures and others; funds will expand operations and development.
Castelion raises $1B Series C to scale hypersonic missile production; Muon Space closes Series C to accelerate satellite builds
Hypersonic missile maker Castelion and satellite startup Muon Space each closed Series C funding rounds to speed production—Castelion raised $1 billion to scale hypersonic strike missile manufacturing; Muon Space secured capital to accelerate satellite production and deployment.
Muon Space raises $250 million Series C led by Eclipse Capital, reportedly valued at $1.5 billion
Muon Space raised $250 million in a Series C led by Eclipse Capital to scale production and build larger satellites and constellations, with a reported $1.5 billion valuation and plans for up to 500 satellites per year by 2027. The five-year-old company has deployed 11 satellites, has 50+ in development (13 booked for launch next year), and will debut a 500-kg MuSat XL for Hubble Network.
Anthropic in early talks to acquire Nvidia-backed Israeli AI startup Decart for about $6 billion
Anthropic is reportedly in early talks to buy Nvidia-backed Israeli AI startup Decart for about $6 billion, which would be its largest acquisition; Decart builds chip-efficiency software and models like Lucy and Oasis and was valued near $4 billion after a $300 million funding round last May.
Anthropic in early talks to buy Nvidia-backed Decart AI in deal Bloomberg says could be about $6 billion
Anthropic is reportedly in early talks to acquire Nvidia-backed startup Decart AI, a deal Bloomberg says could be about $6 billion, as Anthropic seeks capacity and performance improvements ahead of a large IPO.
AlleyWatch lists 19 Biggest Global Startup Funding Rounds of July 2026, including a ¥50B Chinese AI raise and $1.4B German robotics deal
An AlleyWatch roundup, using CrunchBase data, lists the largest global startup funding rounds in July 2026, highlighting major multi‑hundred‑million and billion‑dollar investments across AI, robotics, nuclear fusion, quantum computing, and military AI.
Bill Gurley Says AI Startups Are Raising at 'Crazy Valuations' While Other Firms Struggle to Raise Capital
Investor Bill Gurley warns that AI companies are raising funds at 'crazy valuations' while most other startups struggle to raise capital, and he offers guidance for investing in this environment.
TwelveLabs Secures $100M Series B Led by NEA and Naver Ventures to Expand Video AI Platform
TwelveLabs raised $100 million in a Series B round to expand its enterprise video AI platform, which helps organizations analyze and monetize large video archives through natural language processing. The funding round was co-led by NEA and Naver Ventures, reflecting a trend of increased investment in specialized vertical AI solutions.
TwelveLabs Raises $100M Series B Led by NEA and NAVER Ventures to Expand Video Intelligence Platform Globally
TwelveLabs, a San Francisco-based video intelligence company, raised $100 million in a Series B round led by NEA and NAVER Ventures to expand its AI-driven video analysis platform and global operations. The company plans to enhance R&D and open new offices in New York and London to meet increasing customer demand.
HIVE’s BUZZ HPC Secures $220M AI GPU Cloud Contract with Bell AI Fabric and Cohere for Canadian Sovereign AI Infrastructure
HIVE Digital Technologies' subsidiary BUZZ HPC secured a $220 million, three-year sovereign AI GPU cloud contract with Bell AI Fabric and Cohere Inc., deploying NVIDIA Grace Blackwell GPU infrastructure in Canada for enterprise and government AI workloads. The deal supports Canadian AI sovereignty by combining national data centers, connectivity, and AI models powered by renewable energy and built with local partners like Hypertec.
Twelve AI Labs Valued at Nearly $130 Billion Raise $29 Billion Without Commercial Products
Twelve AI startups dubbed 'Virgin Unicorns' have raised over $29 billion with a combined valuation nearing $130 billion despite having no commercial products. These companies, backed by top investors, reflect a high-stakes bet on AI's future commercialization potential.
Former Amazon Prime Air Founders Raise $4.5M for Radical’s Solar-Powered Autonomous Aircraft Startup
Seattle-based startup Radical, founded by ex-Amazon Prime Air employees James Thomas and Cyriel Notteboom, raised $4.5 million to develop autonomous solar-powered aircraft for long-duration stratospheric flights to provide connectivity and imaging services. They recently demonstrated a prototype that flew nonstop for over 24 hours and plan to expand their team and capabilities.
AI2 Spinout BirchAI Raises $3.1M Seed to Automate Healthcare Customer-Support Call Summaries
BirchAI, an AI2 spinout founded in June 2020, raised $3.1 million in seed funding for software that transcribes, summarizes and analyzes healthcare customer-support calls to reduce post-call documentation time and improve employee and patient satisfaction. CEO Kevin Terrell says the Seattle startup targets medical device, pharmaceutical and insurance companies and lets employees edit AI-generated summaries.
People
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Cyriel Notteboom Executive Officer, Director, Promoter
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James Thomas Executive Officer, Director, Promoter
