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Veeda AI raises over $90M in seed financing led by Khosla and Radical Ventures to develop world models for physical AI.

PRIVATEAug 19, 2026•about 12 hours ago

Amount Raised

$90 Million

Round Type

Seed

TorontoSoftwareArtificial IntelligenceMachine Learning

Investors

Radical VenturesKhosla Ventures

Description

Toronto-based Veeda AI has secured over US$90 million in seed financing. The round, led by Khosla Ventures and Radical Ventures, is among the largest seed raises in Canadian history. Founded by Sanja Fidler after her departure from Nvidia, the company focuses on multimodal foundation world models. With new directors added from its lead investors, Veeda aims to push advancements in AI research.

Company Information

Company

Veeda AI

Location

Toronto, Ontario, Canada

About

Veeda AI is a Toronto-based startup founded by computer vision researcher Sanja Fidler. The company focuses on developing multimodal foundation world models that simulate physical reality, aiming to create scalable environments for embodied agents to learn through interaction. The approach emphasizes training in high-fidelity simulated environments rather than through trial and error in the real world. The founders have previous experience in building software that simulates interactions between autonomous vehicles and physical environments.

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Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Veeda AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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