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The Venture Codex

Inovia Capital

3 Place Ville-Marie, Suite 12350, Montréal, Quebec, H3B 0E7, Canada

Overview

Inovia Capital is a venture capital firm that works with founders to create influential and permanent businesses. The team leverages an operator mindset to provide founders with support, mentorship, and access to a worldwide network. Inovia manages over US$2.2B with operations in Montreal, Toronto, Calgary, San Francisco, and London.

Total investments
250
Lead investments
99
Investments · 12mo
27
Active investors
12

Sector focus

  • Finance
  • Financial Services
  • Venture Capital
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Investment portfolio

  • Peripheral Labs

    Led · Seed · Aug 2026

    Peripheral Labs uses technology from self-driving cars to reconstruct live sports into broadcast-quality photorealistic 3D volumetric video at lower cost than legacy systems. Its system produces immersive replays that can be explored in 3D and aims to make such experiences scalable for live sports productions. The company is working with leagues and stadiums on deployments. Peripheral plans to launch a browser-based consumer-facing replay product later this year that requires no special hardware. Financially, the company has raised a total of $12.5M following the newly announced $8.7M seed round.

  • StrongestLayer

    Led · Seed · Jul 2026

    StrongestLayer builds a reasoning-based email security platform that analyzes message intent and business context rather than relying on signatures, reputation, or historical patterns. The company says its system constructs arguments for legitimacy and maliciousness and weighs evidence to reach verdicts, enabling detection of attacks that look legitimate on the surface. StrongestLayer launched in 2024 and is based in San Francisco. Within months of release it won multiple competitive evaluations against legacy secure email gateways and newer AI-claimed platforms and reported production deployments grew more than eightfold since its initial funding. The company has published threat research, including a taxonomy of 44 email attack subtypes, and has made its detection framework available to the security community. Financially, StrongestLayer has raised $9.3M in total seed funding and is using the latest tranche to expand GTM and its platform ahead of a planned Series A.

  • Delos Intelligence

    Participated · Seed · Jul 2026

    Delos Intelligence builds generative AI products for business customers and counts clients such as TotalEnergies, Shiseido and Groupe Casino. The company reports tiered pricing (a student tier at €10, commercial tiers at €25/45/80 and enterprise pricing on request) and has promoted user-growth milestones and product-specific revenue claims. Founders are brothers Pierre and Thibaut de la Grand'rive. Employee counts reported in the press vary (around ~20 in April 2025, moving toward ~40 by the end of 2025). Delos launched a product called Workers that the company says achieved $1M ARR in a few days (self-reported). The company has stated plans for a Series A around March 2026 but had not closed one as of the reporting, and its cloud sovereignty migration to 100% Scaleway was still being finalized at the end of 2025 with some workloads running on Azure France.

  • Paraito

    Led · Seed · Jul 2026

    Paraito builds AI agents trained in civil law and land registers to autonomously collect property title acts, parse century-old handwritten indexes, and assemble structured, audit-ready real estate files. The company is developing Paraito Vista, an AI-driven multi-layer spatial data mapping utility that enables conversational exploration of dozens of mapped data layers in natural language. Paraito is led by CEO Annie Zheng and is based in Montreal, Canada. In July 2026 the company raised C$2.65M in pre-seed funding to scale its securities verification platform, expand its machine learning team, and commercialize Paraito Vista. The article does not disclose revenue, user metrics, or valuation.

  • Katalyze AI

    Participated · Seed · Jul 2026

    Katalyze AI provides an agentic operating system for pharmaceutical companies that unifies fragmented production data into a single source-grounded record and runs a catalog of domain-trained agents. The company is led by CEO Reza Farahani and is based in Mountain View, CA. Its platform is already deployed across five of the 20 largest global pharma companies. Katalyze reports that its solution has enabled pharma teams to deliver 10 million medication doses to patients. The company intends to use the Seed proceeds to expand operations and accelerate product development. The article does not disclose revenue, valuation, or prior funding details.

Team