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, […]
Q3 2025 Portfolio in Review
It’s hard to believe we’re already three quarters into the year. At V1, we’re all about finishing strong, and Q3 gave us plenty of reasons to be excited about what’s ahead. As always, we’ve rounded up a quick snapshot of the action across our portfolio from the past quarter: Funding announcements We welcomed TRIC Robotics […]
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 […]
Announcing our investment in TRIC Robotics – Automating pest and disease control
Robotics has been a core focus of my time in deep tech. I recently wrote a post sharing our considerations on robotics and we’ve made three investments in the category within the past year, including Optimotive. Today, I am thrilled to be able to share the news that we’ve led the $5m seed round of […]
Q2 2025 Portfolio Review
It’s been an eventful quarter (when has it not?), and somehow we’ve already crossed the halfway mark of 2025. We wanted to take a moment to highlight just a few of the wins, milestones, and momentum we’ve seen this past quarter. As always, there’s a whole lot happening behind the scenes that can’t be shared […]