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SCALE AI

investment firm

About

SCALE AI is an industry-led consortium that shapes a new global supply chain platform.

Highlights

Total Funding Amount
$253.40M
Funding Rounds
2
Investors
2
Investments
16
Lead Investments
14
Exits
4

Details

Last Funding Type
Grant
Last Funding Money Raised
$23.40M
Industries
Artificial Intelligence,Logistics,Supply Chain Management
Founded date
Jan 1, 2017
Operating Status
Active
Investor Type
Government Office

SCALE AI is an industry-led consortium that shapes a new global supply chain platform, bolsters Canada’s leadership in artificial intelligence , and accelerates industry adoption of enabling technologies through collaborative and incremental projects.

SCALE AI (Supply Chains and Logistics Excellence AI) has been incorporated and is now designated as an Innovation Supercluster Initiative.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$253.40M
SCALE AI has raised a total of $253.40M in funding over 2 rounds. Their latest funding was raised on Jul 17, 2019 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 17, 2019 Grant $23.40M 1 Government Of Quebec — Detail
Dec 6, 2018 Grant $230M 1 Government of Canada — Detail

Investments

Number of Investments
Number of Lead Investments
16
14
SCALE AI has made 16 investments. Their most recent investment was on Nov 14, 2022, when Larus Technologies raised $800K.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 14, 2022 Larus Technologies
Grant $800K Analytics Yes
Nov 14, 2022 FreshBooks
Grant $1M Accounting Yes
Nov 14, 2022 Plusgrade
Grant $5.20M Aerospace Yes
Aug 23, 2022 D-Wave Systems
Grant $2.80M Electronics Yes
Aug 22, 2022 mimik
Grant $2M Cloud Computing Yes
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Investors

Number of Lead Investors
Number of Investors
2
2
SCALE AI is funded by 2 investors. Government Of Quebec and Government of Canada are the most recent investors.
Investor Name Lead Investor Funding Round
Government Of Quebec Yes Grant
Government of Canada Yes Grant

Employee Profiles

Number of Employee Profiles
3
SCALE AI has 3 current employee profiles, including Executive Julien Billot
Julien Billot
Executive
Hélène Desmarais
Board member
Albert Caponi
Executive

Exits

SCALE AI has had 4 exits. SCALE AI most notable exits include D-Wave Systems ,   Plusgrade

Date Company Name Exit Type Industry
Aug 8, 2022 D-Wave Systems IPO Electronics Detail
Sep 17, 2021 Plusgrade M&A Aerospace Detail
Mar 30, 2021 Dialogue IPO Health Care Detail
Mar 14, 2003 Roche IPO Biotechnology Detail
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