Scale AI
Government fundMontreal · Pre-Seed–Late Stage
Investment thesis
Scale AI focuses on accelerating the real-world integration of AI across business sectors in Canada. It funds three types of initiatives: industry-led projects that fast-track AI adoption and commercialization within value chains, training programs to build AI and digital skills among professionals, and an Acceleration program that provides funding to help AI startups and SMEs grow. The organization emphasizes practical, applied AI that demonstrates current capabilities rather than future promise, and reports over $500 million in collective investment across companies deploying AI to strengthen their value chains.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 8 of 22 portfolio companiesAI & Machine Learning ×5EdTech ×3Deep Tech ×2Biotech ×1Fintech ×1Future of Work ×1Hardware ×1Healthtech ×1
HQs:Canada×6United States×1
Investments · 22 tracked
founders shown can be your intro pathventureLAB program supporting Canadian AI hardware and software startups in the supply chain industry, based in York Region.
ALL IN is an annual AI conference held in Montreal, Canada, bringing together thousands of decision-makers, startups, investors, researchers, and industry leaders from the Canadian and international AI ecosystems.
AI & Machine LearningMedia & EntertainmentMontreal, CA
Molecular diagnostics company offering clinical PCR systems using automation and microfluidics; acquired by QIAGEN in September 2020.
BiotechHealthtechAlbuquerque, US
Thomas Duensing(Executive Officer)Dennis Hynson(Executive Officer)Jack T. Ball(Director)J. Michael Schafer(Director)Janette Phi(Executive Officer)Bo E.H. Saxberg(Director)
CEIM (Centre d'entreprises et d'innovation de Montréal) is a technology incubator and accelerator that provides advisory services to innovative startups in areas such as financing, market validation, commercialization, and international business development.
Sector AgnosticMontreal, CA
Hélène Desmarais(Chairwoman of the Board & CEO)
A 6-month corporate accelerator matching AI supply chain startups at seed/Series A with corporations across five supply chain streams.
Creative Destruction Lab (CDL) is a global startup program for seed-stage, science-based companies that pairs founders with experienced entrepreneurs, angel investors, economists, and scientists through an objectives-based mentoring process.
AI & Machine LearningDeep TechEdTechSector AgnosticToronto, CA
Ajay Agrawal(Founder)Sonia Sennik(Chief Executive Officer, CDL-Global)
Toronto Metropolitan University (TMU) is a public university in Toronto, Canada offering 60+ undergraduate degrees, 65+ master's and PhD programs, and continuing education courses, certificates and microcredentials through The Chang School.
EdTechToronto, CA
The Holt Xchange is a fintech-focused venture fund and investment platform that uses a data-driven approach and a network of venture partners to invest in and scale early-stage fintech companies.
Fintech
Jan Arp(Founding General Partner)Brendan Holt Dunn
A personalized support program for companies with technology solving supply chain problems.
CEIM's incubation and acceleration program for Quebec startups developing AI-based products and services for supply chains.
DMZ's remote incubation and acceleration program for AI-powered supply chain startups limited by geography.
MaRS program building high-growth supply chain AI companies via events, co-working, PR, capital and talent programs, and market intelligence.
Alberta Machine Intelligence Institute (Amii) program helping early-stage founders build AI-powered supply chains via training and advisement.
Creative Destruction Lab program (with HEC Montreal) for scalable seed-stage science and technology companies focused on AI and data science.
Holdun-backed seed fintech investor that tracks early-stage fintechs globally and invests up to $130K in top applicants.
ventureLAB is an innovation hub and accelerator supporting hardware and enterprise software startups with advisory services, capital strategy, talent development, and technology commercialization.
AI & Machine LearningHardwareSemiconductors
Volta program offering AI supply chain ventures access to programming, funding, experts and investors in Atlantic Canada.
Frequently asked questions
- What stage does Scale AI invest at?
- Scale AI invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
- What sectors does Scale AI focus on?
- Scale AI focuses on AI & Machine Learning, Sector Agnostic.
- Where is Scale AI located?
- Scale AI is headquartered in Montreal, CA.
Media · Podcasts & interviews
from their channelScale AI @ ALL IN 2025 | Back to the future of Canadian AI: 6 years of Scale AI
Scale AI
Scale AI @ ALL IN 2025 | Patents That Matter: How to Decide if It’s Worth Protecting
Scale AI
VivaTech 2025: Canada’s AI is Open for Business
Scale AI
Q&A Session - Call for Projects STEM
Scale AI
Séance d'information - Appel à projets STIM
Scale AI
Scale AI AI Playbook for Business Leaders | ALL IN 2024
Scale AI
Images
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