The Canadian AI Index

Investors / PSP Investments

PSP Investments

PSP Investments is a corporate investor based in Canada. PSP Investments has backed 2 Canadian AI companies in the Index, joining 3 tracked rounds and leading 1. The most recent was Cohere's US$500M venture round in August 2025. PSP Investments most often invests alongside AMD Ventures, NVentures (Nvidia) and Radical Ventures.

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

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Type
Corporate
HQ country
Canada
Companies
2
Tracked rounds
3
Led
1
First tracked deal
Promise Robotics, Oct 2023
Latest tracked deal
Cohere, Aug 2025

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
CohereSeries D · Jul 2024 · US$500M round (lead)Venture round · Aug 2025 · US$500M roundC$9.1BLed Series D
Promise RoboticsSeries A · Oct 2023 · US$15M roundUS$15M—

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

Frequent co-investors

AMD Ventures (2 shared rounds), NVentures (Nvidia) (2 shared rounds), Radical Ventures (2 shared rounds), Salesforce Ventures (2 shared rounds), Alate Partners (1 shared round), Cisco (1 shared round), Export Development Canada (1 shared round), Fujitsu (1 shared round)

Data as of November 10, 2026.

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