The Canadian AI Index

Investors / Battery Ventures

Battery Ventures

Battery Ventures is a venture capital firm based in the United States. Battery Ventures has backed 2 Canadian AI companies in the Index, joining 2 tracked rounds and leading 2. The most recent was Bench IQ's US$5.3M seed round in August 2025. Battery Ventures most often invests alongside CIBC Innovation Banking, Haystack VC and Inovia Capital.

VC based in US. 2 Canadian AI companies in the Index, 2 tracked rounds, 2 as lead.

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Type
VC
HQ country
US
Companies
2
Tracked rounds
2
Led
2
First tracked deal
AssistIQ, May 2025
Latest tracked deal
Bench IQ, Aug 2025

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
Bench IQSeed · Aug 2025 · US$5.3M round (lead)US$7.4MLead
AssistIQSeries A · May 2025 · US$11.5M round (lead)C$18.4MLead

A round's size is the whole round as announced, not this investor's cheque.

Frequent co-investors

CIBC Innovation Banking (1 shared round), Haystack VC (1 shared round), Inovia Capital (1 shared round), Maple VC (1 shared round), MVP Ventures (1 shared round), Tamarind Hill (1 shared round)

Data as of November 10, 2026.

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