Raising capital to boost our mission

Client
Services
Consumer
Partnership
Ubenwa Team
Technology
Finished

We hit a major milestone this year as we closed our first venture capital round of financing.

We raised CA$3.2M form Radical Ventures and AIX Ventures

We raised CA$3.2M from two of the best AI-focussed VCs in Canada and the US: Radical Ventures and AIX Ventures. We also convinced several AI luminaries to bet on us and participate as angel investors, including Yoshua Bengio, a deep learning pioneer; Marc Bellemare, CIFAR AI Chair; and Hugo Larochelle, the head of Google Brain in Montreal. Read the full press release.

Raising capital was far from an easy journey

We pitched to over 30 VCs, had hundreds of conversations, learned so much in the process and met so many brilliant people. I'm happy we closed successfully as capital provides the fuel to pursue our ambitious goals. You can read our feature in BetaKit and TechCrunch.

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