Participated · Equity · Jul 2022

Naoris Protocol offers a decentralized cybersecurity mesh in which network devices validate one another through a tokenized machine economy to eliminate single points of failure. Its protocol uses a novel consensus mechanism called Distributed Proof of Security (dPoSec) running on a purpose-built, high-throughput blockchain with a sharding architecture called Verge Clusters. The CYBER token is required to add machines to the network and is used to incentivize participants and validators to identify vulnerabilities and maintain trust. The company says its approach aligns with zero-trust architecture, is community-governed and censorship-resistant, and can be customized for industries such as banking, healthcare, governments, and the broader Web3 stack. Naoris finished an extensive period of research and development and plans to launch by the end of the year while scaling adoption of its validator mesh and self-healing capabilities. The company recently banked $11.5 million in funding to support moving into the next phase of serving a growing web2 and web3 customer portfolio.

Participated · Series A · Nov 2019

Stradigi AI is a Montreal-based AI provider whose core product is Kepler, an AI platform designed to infuse revenue-driving AI into multiple facets of business. Kepler combines rigorous software engineering with state-of-the-art algorithms and the company plans to expand its scope to serve business analysts and data scientists. Stradigi AI closed a CAD 53 million Series A to fuel North American expansion—with a core focus on the United States—and to support continuous product innovation of Kepler. The company will use the capital to build go-to-market strategies, accelerate Kepler’s evolution and bolster its team with 50 new positions across research, software, sales and marketing. Leadership pointed to a recent partnership with KPMG and institutional backing from Investissement Québec and the Fonds de solidarité FTQ as strategic assets for scaling internationally. Management aims to position Kepler among the top three leading AI platforms in North America as it commercializes AI from research to production.