The Canadian AI Index

Investors / Fusion Fund

Fusion Fund

Fusion Fund is a venture capital firm based in the United States. Fusion Fund has backed 2 Canadian AI companies in the Index, joining 2 tracked rounds. The most recent was Altis Labs's US$25M Series A in September 2026. Fusion Fund most often invests alongside BDC Sustainability Venture Fund, Benchstrength and Cycle Capital.

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

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Type
VC
HQ country
US
Companies
2
Tracked rounds
2
Led
0
First tracked deal
Blumind, Apr 2025
Latest tracked deal
Altis Labs, Sep 2026

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
Altis LabsSeries A · Sep 2026 · US$25M roundUS$31M—
BlumindSeries A · Apr 2025 · C$20M roundC$20M—

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

Frequent co-investors

BDC Sustainability Venture Fund (1 shared round), Benchstrength (1 shared round), Cycle Capital (1 shared round), Innovation Endeavors (1 shared round), Lumira Ventures (1 shared round), OrbiMed (1 shared round), Qiming Venture Partners USA (1 shared round), Real Ventures (1 shared round)

Data as of November 10, 2026.

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