The Canadian AI Index

Investors / HOOPP

HOOPP

HOOPP is a corporate investor based in Canada. HOOPP has backed 2 Canadian AI companies in the Index, joining 2 tracked rounds. The most recent was Cohere's US$500M venture round in August 2025. HOOPP most often invests alongside AFW Partners, AMD Ventures and Export Development Canada.

Corporate based in Canada. 2 Canadian AI companies in the Index, 2 tracked rounds.

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Type
Corporate
HQ country
Canada
Companies
2
Tracked rounds
2
Led
0
First tracked deal
Tenstorrent, Dec 2024
Latest tracked deal
Cohere, Aug 2025

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
CohereVenture round · Aug 2025 · US$500M roundC$9.1B—
TenstorrentSeries D · Dec 2024 · US$693M roundUS$2.5B—

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

Frequent co-investors

AFW Partners (1 shared round), AMD Ventures (1 shared round), Export Development Canada (1 shared round), Inovia Capital (1 shared round), NVentures (Nvidia) (1 shared round), PSP Investments (1 shared round), Radical Ventures (1 shared round), Salesforce Ventures (1 shared round)

Data as of November 10, 2026.

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