Investors / Two Small Fish Ventures
Two Small Fish Ventures
Two Small Fish Ventures is a venture capital firm based in Canada. Two Small Fish Ventures has backed 14 Canadian AI companies in the Index, joining 5 tracked rounds and leading 1. The most recent was YScope's US$3.9M seed round in March 2026. Two Small Fish Ventures most often invests alongside Andreessen Horowitz, AIX Ventures and Amazon Industrial Innovation Fund.
VC based in Canada. 14 Canadian AI companies in the Index, 5 tracked rounds, 1 as lead.
- Type
- VC
- HQ country
- Canada
- Companies
- 14
- Tracked rounds
- 5
- Led
- 1
- First tracked deal
- Ideogram, Aug 2023
- Latest tracked deal
- YScope, Mar 2026
- Website
- twosmallfish.vc
Portfolio
| Company | Rounds joined (date, round size) | Company's total raised | Role |
|---|---|---|---|
| YScope | Seed · Mar 2026 · US$3.9M round (lead) | US$3.9M | Lead |
| Haply Robotics | Venture round · Feb 2026 · C$16M round | C$20.8M | — |
| Blumind | Series A · Apr 2025 · C$20M round | C$20M | — |
| Viggle AI | Series A · Aug 2024 · US$19M round | US$19M | — |
| Ideogram | Seed · Aug 2023 · US$16.5M round | US$96.5M | — |
| Ada* | — | C$245.1M | — |
| Applied Brain Research* | — | C$1.5M | — |
| BenchSci* | — | C$95M | — |
| ByteShape* | — | — | — |
| Cedience* | — | — | — |
| Hepzibah AI* | — | — | — |
| Masterpiece X* | — | — | — |
| Stratum AI* | — | — | — |
| Tiptree Advanced Systems* | — | — | — |
A round's size is the whole round as announced, not this investor's cheque.
* Held per the firm's portfolio page or reported coverage, without a round tracked in the Index.
Frequent co-investors
Andreessen Horowitz (2 shared rounds), AIX Ventures (1 shared round), Amazon Industrial Innovation Fund (1 shared round), BDC Deep Tech Venture Fund (1 shared round), BDC Sustainability Venture Fund (1 shared round), Cycle Capital (1 shared round), Fusion Fund (1 shared round), Golden Ventures (1 shared round)
Data as of November 10, 2026.