Garage Capital
@GarageCapital
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Founders turned investors. Backing the best teams who will change the way we work, live, and play with advice and early risk capital
KW+Toronto & SF
Joined March 2018
Calgary #FinTech startup @LoonFinance (spun out of @Paytrie) has launched and closed $3 million in pre-seed funding to develop a regulated, Canadian dollar-backed #stablecoin. @kevinzhangTO #CDNTech
https://t.co/cw89QVbfE4
betakit.com
Calgary-based FinTech startup will become the new issuer of Paytrie’s CADC stablecoin.
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I'm excited to announce @LoonFinance , a new entity set up to issue the industry leading Canadian dollar backed stablecoin, $CADC. Led by @VersionOneVC with participation from @GarageCapital and a syndicate of Canadian angels and partners 🇨🇦
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We're thrilled to partner w @EliotPence & @mitchcarkner in building @DominionDynamic. This is important for Canada and there's no better team to do it!
Dominion Dynamics is building a modern Canadian defence prime! https://t.co/uZTqjKdsDO
@EliotPence @mitchcarkner
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Quantified self is about to get a big upgrade. Being created by a veteran team of neuroscientists and wearable experts. Thrilled to back @anamonterohoras, @TheFrontalLobe_, and the @atlaswearable team on this mission! More to come 👀
We track steps, heart rate, sleep… But nothing has ever helped us understand the mind, our most vital organ. Until now.
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We need more energy online asap - @MattLoszak and the @AaloAtomics team are executing FAST to help meet the growing demand. Congrats on this milestone.. and for what's to come!
Beyond excited to announce Aalo’s $100M Series B, led by Valor Equity Partners. We now have the capital to build our first nuclear power plant, the Aalo-X, which we’re aiming to turn on *next summer*. Here's our plan: 🧵
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Thrilled to partner with @tricrobotics @adamstager as they bring robotics to the field. Helping farmers grow better food—without chemicals—is the kind of robot future we're very excited to see!
We just raised a $5.5M Seed Round led by @versiononevc to transform how farmers protect our food. 🌱🤖 Chemical sprays aren’t working anymore. Our robot, Luna, uses UV light + automation to fight pests + disease—no chemicals needed. We're just getting started.
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🚀 Vapi 2.0 is live on Product Hunt. A big milestone for the team! Vapi is the infrastructure layer for real-time voice agents. It lets developers deploy LLM-powered phone agents that can talk, listen, reason, and act with sub-500ms latency and support for 60+ minute
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🚀 @bankwithrelay is on an incredible trajectory, and there's so much more coming. Congrats @ycwest and team on the @Forbes Fintech 50 recognition - well deserved! Grateful to be involved. 🙏
Relay made the 2025 Forbes Fintech 50! 🚀🚀🚀 Proud to be listed among these awesome companies, and even more proud of what this represents: the real impact Relay is having on small business owners across the U.S. and how our team shows up to make them successful. 💰 We have a
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“We did not raise $1.5BN. That's revenue. That is also 1/3 of OpenAI’s revenue. We might be the best thing that has ever happened to NVIDIA. They can keep the high margin training business, we can take the low margin inference business.” This is such a fire discussion with
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It was a pleasure being back on 20VC with Harry Stebbings. His craft of interviewing is second to none and we went deep. This is the interview after we just launched 19,000 chips in Saudi Arabia. We built the largest inference cluster in the region in a matter of weeks to unlock
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Tax season is here for startups, but don’t worry, founders, we’ve got you covered. Finta takes care of your 1099s, Delaware franchise tax, income taxes, and R&D tax credits. You get peace of mind and time back to focus on your startup.
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Real world application of AI that is helping make the lives' of businesses and customers better. Huge milestone. Congrats @mimurchison @davehariri and team @ada_cx ! 🇨🇦 🚀
1/ 🧵Today we’re celebrating a big milestone at Ada: we have now powered more than 5 billion customer service interactions, saved our customers more than 32 million hours of labour, and are autonomously resolving up to 83% of conversations. We are now doubling our conversation
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Excited to share that Float has raised $70M in our Series B round, led by the Growth Equity Fund of Goldman Sachs! This investment is about fueling the growth of the Canadian economy and we are just getting started! https://t.co/uC1GvUf3ZU
theglobeandmail.com
Float has kept up its torrid growth pace, topping $30-million in annual revenues and 4,000 customers across Canada, and avoided sweeping layoffs while keeping its headcount to about 100 people
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We've raised $20M from Bessemer, joined by Abstract, AI Grant, Y Combinator, Saga Ventures, and Michael Ovitz. Vapi is the platform for bringing voice AI agents to the world at scale. Today, we’re handling millions of calls per month for customers worldwide. Voice is the most
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Groq has made the Fortune 50 Innovators List for 2024. Sharing the stage with AI legends like Meta and Nvidia still feels surreal. To our team, this is another testament your drive, dedication, and relentless pursuit of what ti means for AI to be truly fast.
fortune.com
These 50 companies exemplify the innovation, progress, and potential of AI.
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I pulled a control rod out of an active nuclear reactor. It was @MattLoszak's idea — he cofounded Aalo Atomics to build a nuclear reactor safe enough for your backyard, a bold idea... and one worthy of an experiment. Our hypothesis was that we would survive this experiment
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Astranis has won a DoD contract to design next-gen Resilient GPS satellites. R-GPS is a new $1.9 billion program to: ▸ build 24+ small satellites ▸ boost GPS resilience ▸ deter GPS attacks by America's adversaries Here’s why it matters, and why we’re honored to play a part:
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We've come a long way since YC W16 Demo Day — from launching the company, to launching satellites. YC did a great job with this feature, check it out!
Astranis got their start by building a prototype in their small apartment. Now, they're gearing up to launch 4 new satellites on a dedicated Falcon 9 rocket. We visited @Astranis to learn how they built a billion dollar satellite company. https://t.co/qTgNZdourP
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