The Canadian AI Index

Investors / Powerhouse Ventures

Powerhouse Ventures

Powerhouse Ventures is a venture capital firm based in the United States. Powerhouse Ventures has backed 2 Canadian AI companies in the Index, joining 3 tracked rounds and leading 1. The most recent was ThinkLabs's US$28M Series A in March 2026. Powerhouse Ventures most often invests alongside Active Impact Investments, Amplify Capital and Blackhorn Ventures.

VC based in US. 2 Canadian AI companies in the Index, 3 tracked rounds, 1 as lead.

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Type
VC
HQ country
US
Companies
2
Tracked rounds
3
Led
1
First tracked deal
Adaptis, Mar 2023
Latest tracked deal
ThinkLabs, Mar 2026

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
ThinkLabsSeed · May 2024 · US$5M round (lead)Series A · Mar 2026 · US$28M roundUS$33MLed Seed
AdaptisPre-seed · Mar 2023 · US$1.5M roundUS$1.5M—

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

Frequent co-investors

Active Impact Investments (2 shared rounds), Amplify Capital (2 shared rounds), Blackhorn Ventures (2 shared rounds), 2048 Ventures (1 shared round), Blue Vision Capital (1 shared round), Edison International (1 shared round), Energy Impact Partners (1 shared round), GE Vernova (1 shared round)

Data as of November 10, 2026.

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