Two Small Fish Ventures
Venture capitalToronto · Pre-Seed–Series A · 7 people tracked
Investment thesis
Two Small Fish Ventures is an early-stage deep tech investor focused on the next frontier of computing and its applications. The team, made up of former engineers, entrepreneurs, and operators, backs founders early and supports them as they aim to become industry-disrupting, world-class companies. Their experience spans semiconductors, AI product development, and founding and scaling global technology companies, which they use to help startups grow.
Source: firm website, verified Aug 3, 2026.
Team · 7 people
from the firm's website
What they invest in
from 6 of 40 portfolio companiesAI & Machine Learning ×3Creator Economy ×3Deep Tech ×2Advanced Manufacturing ×1B2B Marketplaces ×1Climate Tech ×1Direct to Consumer ×1E-commerce ×1
HQs:Canada×4United States×1
Investments · 40 tracked
founders shown can be your intro pathA creator marketing platform connecting brands with creators to drive content creation and distribution globally.
Applied Brain Research develops state space models and edge AI hardware for real-time voice and sensor processing on devices without cloud connectivity.
AI & Machine LearningDeep TechHardware
An MIT spinoff developing AI systems for logical reasoning and prototype development, focusing on semiconductor-based hardware with a goal to achieve tenfold productivity gains by 2030.
Company founded and led by Martin Ordonez, quoted as a founder testimonial.
Nothing is a Toronto-based design studio led by designer and creative director Rahul Bhogal, offering brand strategy, identity, motion, packaging, and website design and development.
Creator EconomyMarketing TechToronto, CA
Rahul Bhogal(Designer & Creative Director)
Printify is a print-on-demand platform that enables entrepreneurs to build eCommerce businesses by connecting them with a global network of printing providers.
B2B MarketplacesCreator EconomyDirect to ConsumerE-commerceSaaSWilmington, US
James BerdigansJanis Berdigans(Executive Officer, Director)Gatis Dukurs(Director)Ravi Inukonda(Director)Edgars Peics(Executive Officer)Artis Grizans(Executive Officer)
Skip is a food delivery platform that connects consumers with over 50,000 restaurants and retailers across Canada, offering meal delivery, grocery services, and workplace food benefits through Skip For Business.
FoodTechLogistics & Supply ChainMarketplaces
Stratum.ai develops machine learning solutions for mining operations to address operational challenges and inefficiencies.
Advanced ManufacturingAI & Machine LearningClimate TechDeep TechToronto, CA
Daniel Mogilny(Founder)inFarzi Yusufali(Founder)inDanial(Co-founder)in
Portfolio news
latest coverage across their companiesViggle · aiwiki.ai · Mar 25, 2026
Frequently asked questions
- What stage does Two Small Fish Ventures invest at?
- Two Small Fish Ventures invests at the Pre-Seed, Seed, Series A stages.
- What is Two Small Fish Ventures's typical check size?
- Two Small Fish Ventures typically writes checks of $1M – $3M.
- What sectors does Two Small Fish Ventures focus on?
- Two Small Fish Ventures focuses on AI & Machine Learning, Cleantech, Cybersecurity, Deep Tech, Semiconductors.
- Where is Two Small Fish Ventures located?
- Two Small Fish Ventures is headquartered in Toronto, CA.
- Does Two Small Fish Ventures lead rounds?
- Yes, Two Small Fish Ventures leads investment rounds.
Co-investors · 16
Bling Capital is a seed-stage venture firm that backs entrepreneurs seeking to find and scale product-market fit, supported by its Bling Product Council of over 100 product leaders.
Dreamers VC is an early-stage venture firm that leverages a global network to connect founders with companies and provide support in high-growth markets.
AlleyCorp is a firm of technologists, investors, and entrepreneurs that both builds and invests in transformative companies.
Change Ventures is a venture capital firm that backs ambitious Baltic founders at the pre-seed and seed stages, providing initial capital, hands-on support and access to a network of later-stage investors.
GV (formerly Google Ventures) is a venture investment firm that backs founders across many industries, aiming to build long-term relationships and support companies across multiple stages and milestones.
Khosla Ventures is a venture capital firm known for backing bold, contrarian bets in world-class teams that can reshape entire industries.
Techstars is a startup accelerator and early-stage investor that funds ambitious founders and provides capital, mentorship, and access to a global network of investors, operators, and corporate partners.
FJ Labs is a venture capital firm specializing in marketplaces and network-effect businesses, having built a large portfolio of marketplace startups with over 30 becoming unicorns.
Moxxie Ventures is an early-stage venture firm that backs technical founders building software and smart systems to solve meaningful problems.
Scribble Ventures is an early-stage venture firm run by product and go-to-market leaders from OpenAI, Meta, Twitter, and a16z, backing AI native founders at the pre-seed and seed stages.
Parade Ventures is a San Francisco Bay Area venture firm that leads and co-leads seed-stage rounds as a first check into new companies. It targets businesses with recurring revenue, high margins, and repeatable sales models across B2B and consumer categories, connecting portfolio founders with a network of experienced operators.
L Catterton Growth is the growth investing arm of L Catterton, a consumer-focused private equity group that has made over 300 investments in consumer brands since 1989. The firm manages roughly $40 billion and backs middle-market companies and emerging high-growth consumer businesses; this unit is listed with a London office.
▶4 more co-investors
Mangrove Capital PartnersSand Hill AngelsTapas CapitalConcrete Ventures
Firms observed investing alongside Two Small Fish Ventures, from public investor directories. Shared companies are the overlap with Two Small Fish Ventures's recorded portfolio.
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