Announcing our investment in Pluto, solving last-mile delivery at the vehicle level

Last-mile delivery is one of those markets that looks simple at first glance—until you dig in and realize how much of it is held together by workarounds. As quick commerce scales across India, delivery volumes are exploding. Companies want to deliver more. But the vehicles powering those deliveries haven’t really kept up. Most are still […]

Announcing Our Investment in Arctus Aerospace: Building High-Altitude Autonomy

We’re excited to share that Arctus Aerospace has raised a $2.6M pre-seed round, led by Version One Ventures alongside South Park Commons, gradCapital, and a group of angels including Balaji Srinivasan and Srinivas Narayan of OpenAI. Arctus is building something rare: a fundamentally new category of high-altitude, long-endurance autonomous aircraft for real-time Earth observation. Their […]

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 […]