The Canadian AI Index

Investors / Brightspark Ventures

Brightspark Ventures

Brightspark Ventures is a venture capital firm based in Canada. Brightspark Ventures has backed 13 Canadian AI companies in the Index, joining 9 tracked rounds and leading 4. The most recent was Coral's C$4M bridge round in 2026. Brightspark Ventures most often invests alongside AQC Capital, Deloitte Ventures and Desjardins Capital.

VC based in Canada. 13 Canadian AI companies in the Index, 9 tracked rounds, 4 as lead.

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Type
VC
HQ country
Canada
Companies
13
Tracked rounds
9
Led
4
First tracked deal
Optable, Apr 2023
Latest tracked deal
Coral, 2026
Website
brightspark.com

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
CoralSeed · Feb 2025 · C$4.1M round (lead)Bridge/Extension · 2026 · C$4M round (lead)C$8.1MLead
PricepointSeed · Jun 2026 · C$6.6M roundC$6.6M—
MycroftSeed · Sep 2025 · US$3.5M roundUS$3.5M—
ShopVisionSeed · Sep 2025 · US$4.1M round (lead)US$4.1MLead
OptableSeries A · Apr 2023 · US$20M roundVenture round · Jan 2025 · US$20M roundUS$40M—
Potential MotorsBridge/Extension · May 2024 · C$2M roundC$2M—
ForcenVenture round · Apr 2024 · C$8.4M round (lead)C$9.9MLead
AdHawk Microsystems*———
Data Sentinel*———
Hopper*———
Ruby*———
Valence Discovery*———
Wysdom.ai*———

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

* Held per the firm's portfolio page or reported coverage, without a round tracked in the Index.

Frequent co-investors

AQC Capital (2 shared rounds), Deloitte Ventures (2 shared rounds), Desjardins Capital (2 shared rounds), Diagram Ventures (2 shared rounds), Hearst Ventures (2 shared rounds), The51 (2 shared rounds), Anges Québec (1 shared round), Antler Canada (1 shared round)

Data as of November 10, 2026.

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