Investors / M12
M12
M12 is a corporate investor based in the United States. M12 has backed 2 Canadian AI companies in the Index, joining 2 tracked rounds and leading 1. The most recent was Mecka AI's US$60M Series B in October 2026. M12 most often invests alongside Angular Ventures, Bullpen Capital and Cendana Capital.
Corporate based in US. 2 Canadian AI companies in the Index, 2 tracked rounds, 1 as lead.
- Type
- Corporate
- HQ country
- US
- Companies
- 2
- Tracked rounds
- 2
- Led
- 1
- First tracked deal
- CruxOCM, Aug 2024
- Latest tracked deal
- Mecka AI, Oct 2026
Portfolio
| Company | Rounds joined (date, round size) | Company's total raised | Role |
|---|---|---|---|
| Mecka AI | Series B · Oct 2026 · US$60M round | US$120M | — |
| CruxOCM | Series A · Aug 2024 · US$17M round (lead) | US$17M | Lead |
A round's size is the whole round as announced, not this investor's cheque.
Frequent co-investors
Angular Ventures (1 shared round), Bullpen Capital (1 shared round), Cendana Capital (1 shared round), EIC Rose Rock Fund (1 shared round), Framework Ventures (1 shared round), Frank Slootman (1 shared round), Golden Ventures (1 shared round), Industry Ventures (1 shared round)
Data as of November 10, 2026.