Panache Ventures is Canada's most active seed stage venture capital fund. Panache is led by a team of experienced operators, with a strong angel investor track record, years of institutional VC experience and a strong network in Canada, in Silicon Valley and worldwide. The fund has a founders-first philosophy, a commitment to diversity and strategically coinvests with smart angel investors and seed stage funds. If you are going to invest in the best early stage tech startups, better invest with Panache! Panache Ventures est le fonds de capital de risque d’amorçage le plus actif au Canada. Panache est mené par une équipe d’opérateurs d’expérience, anges investisseurs à succès et avec des années d’expérience en capital de risque. L’équipe a un réseau vaste au Canada, dans la Silicon Valley et ailleurs dans le monde. Le fonds a une approche qui favorise les entrepreneurs, privilégie la diversité et co-investit stratégiquement avec les meilleurs anges investisseurs et autres fonds d’amorçage. Si vous voulez investir dans les meilleures jeunes entreprises techno, faites-le avec Panache !
External link for Panache Ventures
3 Place Ville Marie
12350
Montreal, Quebec H3B 0E7, CA
Congrats Landseer Enga and Anam H.! Excited to be part of Revyl (YC F24)'s journey to revolutionize end-to-end testing using AI 🇨🇦 🔥
Excited to share our investment in Revyl (YC F24)! After pioneering an AI-driven approach to testing that saved Uber more than $25M, Revyl is bringing the same technology to the masses. 🚀🇨🇦🔥
Panache Ventures has some exciting updates on the market and our team. 2024 has marked a rebound in the venture landscape. And this shows in our results - fund performance is currently tracking in the top quartile of North American funds (source: Carta). The last several months have been some of the busiest since the inception of Panache Ventures in 2018. We've made 12 new pre-seed and seed stage investments so far this year, and are seeing portfolio companies like Certn, Kora, and Fispan emerging from the 'venture winter' stronger than ever. Late-stage financing is picking up, with companies such as Relay Financial and CoLab Software leading the way. Team Updates We're celebrating the contributions of Chris Neumann and the promotion of Sarah Willson. After almost 3 years at Panache Ventures, Chris Neumann is departing at the end of the year to explore new opportunities. Chris will share more about his next adventure in 2025, but for the time being, he remains hard at work at Panache until the end of the year. He joins an exceptional group of Panache alumni who have started new companies and funds. We look forward to supporting Chris in his new endeavor, as he remains a close friend of the firm. Sarah Willson has been promoted to Principal in Toronto. Sarah joined us as an analyst 3 years ago and has quickly become an industry star. She is deeply engaged in the venture community and has directly sourced and facilitated many recent investments. Sarah is an ex-operator and has been a mentor to founders across the country. More than 20% of our investments across two funds are in BC and we will continue to invest in the BC tech ecosystem. Our Vancouver-based Analyst, Melaniia Volkodav, has been making a big impact in the local ecosystem since joining Panache from CDL Vancouver. She will be working closely with Managing Partner Patrick Lor to support and invest in BC technology entrepreneurs. 2025: It’s Time to Play Offense Panache believes that the market has bottomed, and plans on investing $49 million of its committed capital into early-stage Canadian companies over the next two years. While macro risks remain, we are seeing renewed confidence in the tech sector. To support this, we’re continuing our mission to be the most data-driven VC in early-stage tech. Our data team is led by Associate Domenic Del Vecchio, and is supported by two analysts with programming and data science experience. We’ll have more exciting news soon. For now, back to work - we’ve got deals to close!
Calling Kitchener-Waterloo founders and investors! Panache Ventures and Garage Capital are hosting a spoooky Halloween Social on October 30th and you’re invited! 🎃👻 Join us for an evening of networking, drinks, and light bites as we bring together founders, investors, and community partners in the Kitchener-Waterloo tech ecosystem. 🎭 Costumes are optional but highly encouraged! The more creative the better! ️⚡ Limited space, so RSVP now (registration is subject to approval) https://lu.ma/lau9ahmo Prashant Matta Inshaal Qadir Sarah Willson Alejandro Marin Mike McCauley Devon Galloway Kate Grant Will Shaw Laura Fetter Andry Tanusdjaja, CPA, CFA Christina Wood
Panache is excited to share its recent investment in Dreamwell AI ! Congrats to Kazzy Khazaal, Anthony Bobsin and the whole team that is transforming the way brands run influencer marketing.
Dreamwell AI closes $2.3m pre-seed round with Tim Draper at Draper Associates and Panache Ventures. Dreamwell AI is first to market with a solution which can finally enable brands to deeply evaluate and enhance return on influencer ad spend. The granularity of data and AI-generated insights and campaigns are unique to the Dreamwell product. The company's founders, Kazzy Khazaal and Anthony Bobsin, are leaders in bringing more transparency to the influencer marketing business and I am grateful to partner with them. Thank you Dan Whateley at Business Insider for covering this exciting company.
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Great conversation this morning on the #deeptech investing landscape in Canada. 🚀🇨🇦🔥
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Excited to come to Toronto next week for Elevate! I'll be on the "moonshots" stage talking about how VCs identify cutting-edge opportunities as part of Creative Destruction Lab's Deep Tech track. 🚀
Check out Panache General Partner Prashant Matta 's BetaKit op-ed where he shares some inside data from Canada's leading early-stage VC on the state of the Canadian startup ecosystem and his thoughts on what that means for 2025
I am calling a market bottom in venture. Panache Ventures data shows a significant boost in new Canadian startup formation in 2024, setting the stage for stronger investment activity going into 2025. It is time to play offence. To our knowledge, this dataset is unique and Panache Ventures is sharing it publicly for the first time. My hope is that the founder and investor community can band together and steer the market narrative to one of growth and optimism. Thank you BetaKit for publishing my op-ed and special thanks to my colleague Inshaal Qadir for the data and insights.
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Vancouver Founders Day kicks off in a few hours! 🚀🇨🇦🔥
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Canadian 🇨🇦 #VCs don't lead rounds! UK 🇬🇧 VCs don't lead rounds! European 🇪🇺 VCs don't lead rounds! VCs in my country don't invest without a US 🇺🇸 lead! #fundraising #startups
We are thrilled to announce our investment in Perceptive Space. Built on advancements in AI and sensor fusion, Perceptive analyzes decades of space weather and operational data to deliver near real-time space weather insights. The company is led by Founder & CEO Padmashri Suresh, an exceptional technical founder with both AI and Spacetech expertise and deep understanding of customer demand in the industry. Panache Ventures led the $3.9m pre-seed financing with participation from a group of investors who specialize in AI and Spacetech, including Estonia’s Metaplanet, London, UK-based 7percent Ventures, San Francisco’s Mythos Ventures, and New York City-based AIN Ventures. BetaKit and TechCrunch coverage below 👇🏻 https://lnkd.in/epq6TYwQ https://lnkd.in/eM3Hmy8E
I am thrilled to announce that Perceptive Space is emerging from stealth and to share the news of our recent $2.8M oversubscribed pre-seed raise. I started Perceptive Space to help make humanity’s ambitions in space resilient to space weather. Space weather, which refers to the changing environmental conditions in space primarily influenced by the Sun, can drag satellites out of their orbits, cause satellite failures, result in GPS signal outages, threaten the safety of astronauts, and disrupt space-based operations. As the space industry scales up to a post-Starship world of daily launches and 100,000 satellites around Earth, and a multi-planetary future for humanity, insufficient space weather intelligence will seriously hinder our ability to operate. Perceptive Space is addressing this problem through our AI-powered space weather prediction platform that provides accurate hyperlocal space weather predictions and actionable insights about the impact and risk of space weather. Through our platform, engineers and decision-makers will have the space weather decision intelligence required from design through the deorbit of their missions, supporting quick decision-making to ensure safe and reliable mission operations. I am joined on this journey by an exceptional group of engineers and scientists who have worked at the cutting edge of space weather and AI and are excited about humanity's future as a multi-planetary civilization. I am grateful for the support and backing of our investors, who have backed world-class AI and dual-use companies and are supporting us in this journey - Prashant Matta | Panache Ventures, Rauno Miljand | Metaplanet, Vishal Maini | Mythos Ventures, Jeff Crusey | 7percent Ventures, Sherman Williams II | AIN Ventures As humanity continues to reach for the stars, we must protect our investments and infrastructure from the Sun's fury. Without better space weather predictions, the bright future of the space industry may remain just out of reach. This is why we are building Perceptive Space. If you are an aerospace engineer or a machine learning scientist, and want to join us on this journey, please DM me. If you are a satellite operator or launch provider and want to get early access to our platform, please sign up here: https://lnkd.in/gh8ASmYd Read our story on SpaceNews by Debra Werner here : https://lnkd.in/gU85YxW4 Read the TechCrunch coverage by Aria Alamalhodaei here: https://lnkd.in/gEhujYjv #spaceweather #solarflares #AI #space