The Canadian AI Index

Companies / CentML

CentML

CentML is an AI infrastructure and compute company based in Toronto, Ontario. It raised a US$27M seed round in October 2023 led by Gradient Ventures. It was acquired by Nvidia; deal value could exceed US$400M including earn-outs in June 2025.

Platform that optimizes ML model deployment and compute utilization.

centml.ai

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Founded
2022
HQ
Toronto, ON
Category
AI Infrastructure/Compute
Status
Acquired by Nvidia; deal value could exceed US$400M including earn-outs
Disclosed raised
US$27M

Funding history

RoundDateAmountInvestors
SeedOct 25, 2023 US$27MGradient Ventures (lead); Radical Ventures, NVentures (Nvidia), Deloitte Ventures, Thomson Reuters Ventures, Misfit Ventures. US$27M (C$37M) seed closed early September 2023, announced Oct 25 (CNW); led by Gradient Ventures with Radical Ventures, Nvidia, Deloitte Ventures and Thomson Reuters Ventures; BetaKit adds Misfit Ventures and Golden Ventures; Golden is on neither the release nor its own portfolio listing, so no row

Founders

Sources

Data as of November 10, 2026.

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