The Canadian AI Index

Investors / Build Ventures

Build Ventures

Build Ventures is a venture capital firm based in Canada. Build Ventures has backed 3 Canadian AI companies in the Index, joining 4 tracked rounds and leading 1. The most recent was Musical AI's US$4.5M seed round in January 2026. Build Ventures most often invests alongside Alteryx Ventures, BDC Seed Venture Fund and Brightspark Ventures.

VC based in Canada. 3 Canadian AI companies in the Index, 4 tracked rounds, 1 as lead.

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Type
VC
HQ country
Canada
Companies
3
Tracked rounds
4
Led
1
First tracked deal
TrojAI, Apr 2024
Latest tracked deal
Musical AI, Jan 2026

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
Musical AIPre-seed · Feb 2025 · C$2.1M round (lead)Seed · Jan 2026 · US$4.5M roundC$8.3MLed Pre-seed
Potential MotorsBridge/Extension · May 2024 · C$2M roundC$2M—
TrojAISeed · Apr 2024 · US$5.8M roundUS$5.8M—

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

Frequent co-investors

Alteryx Ventures (1 shared round), BDC Seed Venture Fund (1 shared round), Brightspark Ventures (1 shared round), Farpointe Capital (1 shared round), Flybridge Capital Partners (1 shared round), Flying Fish Partners (1 shared round), Heavybit (1 shared round), New Brunswick Innovation Foundation (1 shared round)

Data as of November 10, 2026.

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