The Canadian AI Index

Investors / The Cannon Project

The Cannon Project

The Cannon Project is a venture capital firm based in the United States. The Cannon Project has backed 1 Canadian AI company in the Index, joining 1 tracked round. The most recent was Gumloop's US$50M Series B in March 2026. The Cannon Project most often invests alongside Benchmark, Box Group and First Round Capital.

VC based in US. 1 Canadian AI company in the Index, 1 tracked round.

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Type
VC
HQ country
US
Companies
1
Tracked rounds
1
Led
0
First tracked deal
Gumloop, Mar 2026
Latest tracked deal
Gumloop, Mar 2026

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
GumloopSeries B · Mar 2026 · US$50M roundUS$70.1M—

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

Frequent co-investors

Benchmark (1 shared round), Box Group (1 shared round), First Round Capital (1 shared round), Nexus Venture Partners (1 shared round), Shopify Ventures (1 shared round), Y Combinator (1 shared round)

Data as of November 10, 2026.

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