The Canadian AI Index

Founders / James Mignacca

James Mignacca

James Mignacca is the founder and CEO of Cavelo, a defence and security AI company based in Kitchener-Waterloo. Cavelo had raised C$10M across 2 rounds as of November 2026, most recently a C$5M bridge round in July 2025 led by Inovia Capital.

Founder/CEO of Cavelo.

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Cavelo

Attack surface management with data classification ML.

Role
Founder/CEO
HQ
Kitchener-Waterloo, ON
Status
Active
Disclosed raised
C$10M
Latest round
Bridge/Extension, Jul 29, 2025
Website
cavelo.com

Investors: Inovia Capital, Graphite Ventures, MaRS Investment Accelerator Fund

Founders are listed as named in primary coverage of their companies. Profile links are matched to the company before they are published. To correct this page or ask for it to be removed, email the Index.

Data as of November 10, 2026.

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