The Canadian AI Index

Investors / Graphite Ventures

Graphite Ventures

Graphite Ventures is a venture capital firm based in Canada. Graphite Ventures has backed 18 Canadian AI companies in the Index, joining 9 tracked rounds and leading 3. The most recent was PataBid's C$2M pre-seed round in October 2026. Graphite Ventures most often invests alongside Developer Capital, Sprout Fund II and Accelia Capital.

VC based in Canada. 18 Canadian AI companies in the Index, 9 tracked rounds, 3 as lead.

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Type
VC
HQ country
Canada
Companies
18
Tracked rounds
9
Led
3
First tracked deal
Korbit, May 2023
Latest tracked deal
PataBid, Oct 2026
Website
graphitevc.com

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
PataBidPre-seed · Oct 2026 · C$2M round (lead)C$2MLead
GlowtifySeed · Nov 2025 · C$3.4M round (lead)C$3.4MLead
MycroftSeed · Sep 2025 · US$3.5M roundUS$3.5M—
TrustyPre-seed · Jul 2025 · C$1M round (lead)C$1MLead
Raven ConnectedSeries A · Jun 2024 · C$10M roundC$10M—
MaxaSeries A · May 2024 · US$21M roundUS$21M—
CaveloSeed · Nov 2023 · C$5M roundC$10M—
Kento HealthPre-seed · Oct 2023 · US$3M roundUS$3M—
KorbitSeries A · May 2023 · C$11.3M roundC$11.3M—
Arima*———
BaseTWO*—US$11.5M—
ODAIA*—US$25M—
Pitstop*—C$3.8M—
ProNavigator*———
Sidian*———
StackAdapt*———
Super Advisor*———
Tracktile*—C$575K—

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

Developer Capital (2 shared rounds), Sprout Fund II (2 shared rounds), Accelia Capital (1 shared round), Alumni Ventures (1 shared round), Amiral Ventures (1 shared round), Antler Canada (1 shared round), AQC Capital (1 shared round), BDC Industrial Innovation Venture Fund (1 shared round)

Data as of November 10, 2026.

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