The Canadian AI Index

Companies / Intrepid Labs

Intrepid Labs

Intrepid Labs is a health and biotech AI company based in Toronto, Ontario. It had raised US$11M as of November 2026, most recently a US$7M seed round in May 2025 led by Avant Bio.

AI and robotics for drug formulation discovery.

intrepidlabs.tech

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Founded
2023
HQ
Toronto, ON
Category
Health/Bio AI
Status
Active
Disclosed raised
US$11M

Funding history

RoundDateAmountInvestors
SeedMay 12, 2025 US$7MAvant Bio (lead). C$9.8M; led by Avant Bio; announced with exit from stealth May 12 2025
Pre-seedMay 12, 2025 US$4MRadical Ventures (lead); Propagator Ventures. C$5.6M; previously unannounced, closed before the seed; led by Radical Ventures; Propagator Ventures participated; disclosed May 12 2025 (announcement date used; close date not stated)

Founders

Sources

Data as of November 10, 2026.

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