Backing Loon: Building Canada’s Digital Dollar

We’re excited to announce our investment in Loon, a Canadian company building the country’s first regulated digital dollar. Version One led Loon’s $3M pre-seed round, alongside Garage Capital and a group of strategic Canadian angel investors. Loon is on a mission to create trusted, transparent payment infrastructure for Canada’s digital economy — starting with CADC, […]

Three Years of ChatGPT: Where We Are With AI Today

This November marks three years since the launch of ChatGPT. That moment brought AI into the mainstream, with large language models (LLMs) seen as the breakthrough technology powering it. Since then, innovation in AI has been relentless — perhaps one of the fastest cycles we’ve ever witnessed in tech. It’s worth pausing to reflect on […]

The rise of “India for India” opportunities

India has long been recognized as home to the largest developer ecosystem in the world, stemming from the global trend of outsourcing software development to India’s pool of skilled and cheaper developers. But what started as a move by Western companies to reduce development costs has now evolved into a thriving and dynamic tech hub […]

Announcing our investment in Bolt. Earth, India’s largest EV charging network

Today, we are very excited to announce we’ve co-led the $5M Series A+ round for Bolt.Earth, India’s largest EV charging network. We joined our friends at USV and Prime Venture Partners (both returning investors). The Indian EV market grew by 40-50% in 2024 and enjoys strong government support. Bolt.Earth is India’s largest, most utilized, and fastest-growing charging network, […]