Radical Ventures, a Toronto-based AI-focused venture capital firm, launched an $800-million growth fund in August 2023. The firm appointed Richa Mehta as a partner to lead its growth strategy, responsible for investments and team expansion. Mehta, previously the youngest Principal at ICONIQ Capital, brings experience in growth-stage tech investing across various sectors. Radical Ventures, founded in 2017, primarily invests in Canadian and international AI startups and has increased its assets under management to $1.8 billion with this new fund. The firm’s portfolio includes notable AI startups like Cohere, Waabi, and Xanadu.