Fundraising FoxNEXT AI
AcceleratorToronto · Pre-Seed–Series A · 8 people tracked
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Investment thesis
NEXT AI is a founder and venture-development acceleration network for AI-enabled startups incorporated in Canada. Each year it selects top early-stage teams building ambitious AI-powered solutions and supports them across both AI product development and market commercialization. Leveraging an ecosystem of AI scientists, business experts, mentors and investors, the program delivers a world-class curriculum, workshops, and free office space in Toronto and Montreal, running from March through late summer via in-person and remote tracks. It targets teams with a business and technical co-founder, a scalable model, and AI at the core. The program takes no equity and provides no direct funding, but connects ventures to a network of angels and VCs across North America.
Source: firm website, verified Sep 27, 2026.
Team · 8 people
from the firm's website
What they invest in
from 2 of 3 portfolio companiesEnterprise Software ×2AI & Machine Learning ×1Cybersecurity ×1Data & Infrastructure ×1Fintech ×1SaaS ×1
HQs:Canada×2
Portfolio companies · 3 tracked
alumni founders can tell you what the program is really like
Feroot discovers and monitors third-party scripts, tags, and trackers on websites to detect malicious or unwanted code and block threats.
CybersecurityEnterprise SoftwareSaaSToronto, CA
Ivan Tsarynny(Founder)inVitaliy Lim(Founder)in
Co-investorsStoneMill VenturesTrue VenturesY CombinatorAndros15 VenturesHaystackIndustry Ventures+2 more
Senso builds infrastructure that acts as a verified-context layer for AI agents, enabling organizations to ensure that AI answers align with their actual ground truth.
AI & Machine LearningData & InfrastructureEnterprise SoftwareFintechToronto, CA
Saroop Bharwani(Founder)inThomas Nelson(Founder)in
Co-investorsLuge CapitalMendoza VenturesRising TideTechstarsY CombinatorAndreessen Horowitz+6 more
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Intuitive
Portfolio news
latest coverage across their companiesFrequently asked questions
- What stage does NEXT AI invest at?
- NEXT AI invests at the Pre-Seed, Seed, Series A stages.
- What sectors does NEXT AI focus on?
- NEXT AI focuses on AI & Machine Learning, Sector Agnostic.
- Where is NEXT AI located?
- NEXT AI is headquartered in Toronto, CA.
- Who does NEXT AI co-invest with?
- NEXT AI most often shares deals with Y Combinator, Luge Capital, Mendoza Ventures, among 7 tracked co-investors.
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