
Good News Ventures
#609-10 St Mary St, Toronto, Ontario, M4Y 1P9, Canada
Overview
At Good News Ventures, we invest in early stage technology companies founded by true grit entrepreneurs. We back passionate and determined founders as they develop their impressive ideas into prominent businesses. We admire those who embrace the risk and uncertainty and aren’t afraid to break with convention. We invest in all sectors including AI, IoT, big data, B2B, cloud/SaaS, mobile, marketplaces, finance, healthcare, applications, infrastructure, networking, security, space technology, storage. Our partners provide significant value in strategic advice and networking. We have put together exceptional roster of advisors who have various background and can help entrepreneurs take ideas from a concept to a business through mentorships and guidance. We focus on providing exceptional value for the founders and remarkable returns for investors. We evaluate risk vs rewards and ensure potential returns are in line with our investment philosophy. The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark—Michelangelo
- Total investments
- 19
- Lead investments
- 3
- Investments · 12mo
- 1
- Active investors
- 4
Sector focus
- FinTech
Investment portfolio
- Huddle01
Participated · Equity · Feb 2026
Huddle01 is building a decentralized real-time communications network (dRTC) on Arbitrum Orbit with Caldera integration, targeted at gaming, social apps, AI, metaverses, and general video conferencing. Its product suite includes Huddle01 Meet for video calls, Huddle Cloud for low-cost real-time infrastructure, Farhouse for spaces and streams, and HuddlePad, a token-launch platform that uses Uniswap’s Continuous Clearing Auction (CCA) mechanism. The testnet has processed more than 3.3 million transactions, logged over 1.2 billion meeting minutes, attracted 170,000–204,000 active users, and driven 100,000+ mobile app downloads. In production, the network has delivered 840+ million minutes of service and supports thousands of community-run nodes. Huddle01 plans to launch its mainnet and conduct a Token Generation Event (TGE) for its native $HUDL token in Q1 2026, allocating 21% of the TGE supply to node operators. A current public sale is offering 10% of the 200 million-token supply via CCA at a floor price of 0.1 USDC, with a five-day auction window. The company recently strengthened its balance sheet with a $6.6 million capital infusion from prominent crypto investors and angels.
- Pipeshift
Participated · Seed · Jan 2025
Pipeshift provides an end-to-end MLOps stack for enterprises to train, deploy and scale open-source GenAI models, including LLMs, vision, audio and image models, across any cloud or on-prem GPUs. The company emphasizes a modular stack that lets enterprises bring down GPU infrastructure costs without additional engineering effort. Pipeshift positions its platform to help customers deploy AI workloads in production faster and more reliably. The startup raised $2.5M in a Seed funding round and said it will use the proceeds to expand operations and accelerate development efforts. The round was led by Y Combinator and SenseAI Ventures, with participation from multiple VCs and angels. Founders are Pranav Reddy, Arko Chattopadhyay and Enrique Ferrao.
- Spellbook
Participated · Series A · Jan 2024
Spellbook launched the first generative AI tool for lawyers in 2022 and has since become a leading provider of legal AI for transactional work. Its platform, powered by large language models such as OpenAI’s GPT-5, assists nearly 4,000 law firms and corporate legal departments across 80 countries—including clients like Nestlé, eBay, and Kennedys—in streamlining contract workflows. In 2025 the company reported tripling its revenue and introduced a Compare to Market feature that grounds negotiations in data from hundreds of thousands of contracts. Management believes early market entry and proven traction position Spellbook to lead consolidation in the rapidly maturing legal tech sector. Recent funding has given the company a post-money valuation of $350 million and resources to pursue strategic acquisitions. Spellbook is backed by prominent investors such as Khosla Ventures, Thomson Reuters Ventures, Inovia Capital, The Legaltech Fund, Bling Capital, and Moxxie Ventures. The company intends to leverage its growing data infrastructure to deliver even more precise, specialized outputs for legal professionals.
- Coinchange
Led · Equity · Nov 2023
Coinchange provides an Earn API that enables businesses and fintechs to embed institutional-grade active stablecoin yield portfolios into their applications, supporting major stablecoins as well as BTC and ETH. Its platform emphasizes on-chain asset management to avoid reliance on centralized custody or counterparties, and offers asset visibility, reporting transparency, and risk-managed returns comparable to traditional money-market products. Coinchange employs yield optimization, risk trenching strategies, machine-learning sequencing of yield opportunities, and real-time portfolio monitoring to maximize returns and manage risk. The company also operates regulated and compliant brokerage services in the US and across Europe and works closely with regulators to maintain security and compliance. Management highlights benefits for API partners including new revenue streams, improved customer retention and conversion, and enhanced regulatory compliance. Coinchange reports over 500 business clients and plans to expand its team and products to grow its clientele and scale operations. The company recently raised $10 million to support expansion and product development.
- Voltpost
Participated · Seed · Jul 2023
Voltpost retrofits existing lampposts into a modular, upgradable Level 2 EV charging platform designed for rapid, low‑cost curbside and parking lot deployments. The system is powered by a mobile app and emphasizes minimal installation time, no trenching, and a small physical footprint. Voltpost positions its product to generate new municipal revenue streams, provide infrastructure data for city planning, and accelerate EV adoption—particularly in underserved urban areas. The company highlights the ability to install chargers in about an hour, enabling faster rollout compared with traditional curbside solutions. Voltpost has run demonstrations with drivers, OEMs, and government agencies, maintains a demo unit at Newlab at Michigan Central, and participated in Plug and Play Detroit Mobility and associated pitch events. Its recent grant awards from Michigan programs support deployments in the Detroit metro area and broader Michigan market expansion. Voltpost designs sleeve-mounted chargers that tap into existing lamppost electrical feeds and dispense a 20-foot retractable cable from about eight feet, with the plug docked below for easy access. Each charger delivers 7.6 kilowatts and a single post can support two chargers; current hardware fits metal posts only. The team built its own equipment after customer discovery with city agencies and utilities found bring-your-own-plug designs failed UL requirements and drivers preferred integrated cables. Voltpost plans to sell to cities, utilities and private hosts, bundling installation, maintenance and operations into an annual fee while leaving per-session pricing to the host. The company is in talks with municipal, utility and private partners across the U.S. and hopes to launch initial pilots with one partner in each sector. Voltpost recently closed seed financing and intends to raise a Series A to scale after early deployments.