Founders turned investors. Backing the best teams who will change the way we work, live, and play with advice and early risk capital

KW+Toronto & SF
Garage Capital retweeted
15 yrs ago @spisallyouneed and I were building our companies side by side @UWVelocity. His intensity + vision was inspiring and hard to miss. Then it was an AI lab MSFT bought for $160M. Now: AI that runs a company autonomously. Proud to back @skyfallai via @GarageCapital.
Around 15 years ago, Kaheer Suleman and I started Maluuba with the vision of building Universal Turing Machines. Back then, we were one of the pioneer research labs building foundational modules of deep learning and Reinforcement learning with Turing award winners @Yoshua_Bengio and @RichardSSutton. There was no AI hype then, as there is now. Those were the good old days of doing pure scientific research unlike the n+1 research that we see today. Maluuba was later acquired by Microsoft and became @MSFTResearch Canada. Grounded in that same mission, we're finally ready to introduce @skyfallai to the world after a lot of experimentation in stealth over the last year. We're a frontier neo lab building the first Autonomous Enterprise by moving beyond the current LLM paradigm. For the last 5 years, the foundational model market has relied on a single paradigm: scaling laws for LLMs - more data, more compute, bigger models. However, the real world is messy and much more complicated. In order to achieve our long term vision, the next generation of AI models requires a different approach. Skyfall is solving the hardest open problems in frontier AI: long-horizon planning, data inefficiency, and brittle performance in dynamic real-world environments. To achieve the team's vision of a completely autonomous enterprise, the team is developing a next-generation frontier model (Enterprise World Models) using Continual Learning and World Modeling. Enterprise World Models can simulate the multi-layered consequences of strategic business actions. Our approach unlocks a new category in the foundation model market. To prove it, we're introducing Morpheus, a Continual Reinforcement Learning platform for AI researchers. I'm building this company with the people I trust the most: my longtime friend Kaheer Suleman (prev. Co-Founder of Maluuba) and my brother @omgiamgod (prev. YC founder). Sumit and Kaheer are the first principles thinkers I can trust to go to the end of the world with to achieve the mission impossible together. Together with a stellar team of 25 researchers and engineers, we're pushing a new frontier in AI forward. We unpacked our long term vision in today’s Forbes feature 🔗- read it to see what we’re building toward. Thank you so much Victor Dey for the interview. To achieve our goal of enterprise world models, we are soliciting bids to acquire small SaaS startups (up to $1M) and fully automate them. If you’re interested, submit your business here: skyfall.ai/acquisition Finally, thank you to our investors and advisors for believing in our vision since day one: @Fidelity , @sk121 (@touringcapital), @karam_n and @chrisarsenault (@inovia), @morgan_blumberg (@M13Company ), @stephpalmeri (@NextViewVC ), and @michaellitt and @mmccauley (@GarageCapital ), @jennydhe, @fchollet @NaveenGRao and so many others for supporting us in this journey.
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Big congrats on the $65M raise @jmorgan, Michael, and the @ollama team! Growing 100% m/m 🚀🚀 Grateful to be investors from the beginning and excited to double down again here!
9M devs monthly. 85% of the Fortune 500. 14 employees! AI spend is exploding. Open source models are part of the answer, and @ollama is how enterprises are runing them. Open + closed models is the future. Another 🇨🇦 AI powerhouse 💪 Proud investors @GarageCapital 🙏
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Garage Capital retweeted
Incredible milestone. Critical. At full scale. Huge congrats @MattLoszak, @yasir_fission, and the entire @AaloAtomics team - so much hard work to make this a reality. We @GarageCapital are grateful to be a small part of the journey. Next: Commercial!!
Very excited to announce that at 12:20am on the 4th of July, Aalo achieved criticality on our first full-scale reactor. We cut it close, but we pulled it off!! Working towards this goal with such an incredible group of humans has been the most fulfilling period of my life. This moment has been three years in the making. Last year, Executive Order 14301 called for at least three new reactors to go critical before July 4th, 2026. As of late last Friday night, that goal has been surpassed! When the EO was announced, we immediately sat down to figure out what the most ambitious scope would be, while still being potentially achievable by July 4th. Some of the team proposed doing simplified designs with smaller fuel loads, or building in existing facilities. One thing was clear: We wouldn't have time to integrate a full-scale sodium heat-removal loop to bring the reactor to its full 30 MWt. So here’s where we landed: ➡️ We purchased the entire commercial-scale fuel load. This is enough fuel to operate at 30 MWt / 10 MWe for 3 years before refueling. To my knowledge, it’s the largest fuel load that’s been taken critical in the DOE pilot program, by far. ➡️ We built a full-scale reactor vessel in our factory, and loaded in our commercial graphite layout. All the dimensions, vessel thickness, and manufacturing techniques are essentially the same as we will use for the imminent commercial version. There will be a few minor tweaks for sodium flow and full-power, but nothing major. ➡️ We built an entirely new reactor facility at the Idaho National Lab. Building a building is easy. Building a new reactor facility comes with a mountain of paperwork, policies, operation and training procedures, security, instrumentation and control, and more. Zero-power criticality might seem like a small step, but I can tell you, going through the exercise of building a reactor and taking it to criticality has been extremely valuable. The learnings on regulatory, ops, manufacturing, supply chain, QA, economics, engineering, and design will accelerate our path through to the final iteration at full-power. America is blessed to have a recent Cambrian explosion of startups in nuclear, all going after different markets, technologies, and strategies. I’m excited that sodium, gas, salt, and new PWRs are all getting pushed forward once again. The best outcome for humanity is to have all these advance in parallel, as quickly as possible, while maintaining safety. Thanks again to our amazing team, DOE, INL, BEA, and everyone else who helped us get to where we are today. This could not have happened anywhere else. Happy birthday, America!! 🇺🇸🇺🇸🇺🇸 There has never been a better time for nuclear energy. The Second Atomic Age has begun, and this one will be here to stay.
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Garage Capital retweeted
Happy Canada Day! Happy Dominion Day!! We @GarageCapital are excited to double down again in this round. Congrats @EliotPence @mitchcarkner and team - let's go! 🇨🇦💪🇨🇦
We’ve made history. Today, on the eve of Canada Day, we’re announcing our $139 million Series A, the largest ever in Canadian defence. This is bigger than us. It’s an investment in the future of Canadian technology, sovereignty, and ambition. Watch the announcement from our CEO @EliotPence.
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Garage Capital retweeted
We’ve made history. Today, on the eve of Canada Day, we’re announcing our $139 million Series A, the largest ever in Canadian defence. This is bigger than us. It’s an investment in the future of Canadian technology, sovereignty, and ambition. Watch the announcement from our CEO @EliotPence.
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Garage Capital retweeted
We built @karpathy autoresearch functionality to work natively inside @transformerlab . I see this type of harness as part of all future ML research work now -- what used to take me months of work is now happening automatically while I sleep.
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AI needs a new compute paradigm. @sygaldry_tech is building it. Congrats to the team on this massive raise - we're excited to double down. Canadian founder, global ambition. 🇨🇦🚀
Today I'm pleased to share that Sygaldry has raised $139M to build quantum-accelerated AI servers for the AI data center. We've assembled an incredible early team and are hiring across the board. If you want to work at the frontier of both quantum and AI to shape the future of computing - come build with us! jobs.ashbyhq.com/sygaldry-te…
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Garage Capital retweeted
Float is betting on Canadian businesses—and we just put $100M behind it. New debt facilities from @SiliconVlyBank and more to unlock $1.5B+ in spending power. → Up to 4% on business accounts → Credit up to $3M, 1-day approvals, no personal guarantees bit.ly/4k38rbF
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Execution like this is rare. When @srlake, Aaron, & Matt decided to start another company with even bigger ambitions, we didn’t hesitate. They're exactly what we need more of from 🇨🇦 builders.🚀 @jetson_home is building the all-electric modern home: a better future for everyone.
Jetson raises $50-million as Stephen Lake’s home heating disruptor expands across U.S. theglobeandmail.com/business…
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💯 !! We’re thrilled to partner w @EliotPence and the @DominionDynamic team! 🇨🇦 💪
HUGE congrats to @EliotPence & the team at @DominionDynamic. What Dominion is doing is extremely ambitious - and very hard. And - it's exactly the kind of aggressive execution, bold risk-taking and fresh thinking that's needed to build and secure Canada. “Our approach has been, don’t try to sell right away. Don’t try to get a contract right away,” he said. “Build things that matter, that we know the CAF needs, deploy them as soon as possible with them, get their feedback, and then re-engineer the products to fit that feedback.” Huge props to @Georgian_io, @BessemerVP, @GarageCapital and @GoldenVentures for stepping up to fund this team. LFG
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Garage Capital retweeted
Toronto-based Canada Rocket Company emerged from stealth on Friday with $6.2 million in seed funding from entirely Canadian investors, supporting its mission to deliver sovereign, medium-lift space launch capability. betakit.com/canada-rocket-co…
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Garage Capital retweeted
.@BackboardIO, founded by a former Assent exec @RobImbeault, has raised a “substantial” pre-seed round to address #AI "amnesia" The round includes backing from Mistral Venture Partners, @GarageCapital, DevCap, and others. betakit.com/backboard-io-loo…
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Garage Capital retweeted
Well said and captured, @michaellitt !! Appreciate the kind words. ❤️ Incredible ride and some fun full circle moments. Grateful for what we're building @GarageCapital and to always be refining our craft alongside you and @devongall. 💪🚀
This is in no doubt an exciting moment for @GarageCapital, but it has to be said that we wouldn’t have been involved if it wasn’t for @mmccauley’s tenacity, conviction and heads down approach to pursuing great opportunities and staying on top of them.
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Garage Capital retweeted
This is in no doubt an exciting moment for @GarageCapital, but it has to be said that we wouldn’t have been involved if it wasn’t for @mmccauley’s tenacity, conviction and heads down approach to pursuing great opportunities and staying on top of them.
Huge congrats @JonathanRoss321, @sundeep, & the entire @GroqInc team! Jonathan, it was clear from our humble days at Google X that you had big ambitions. So happy for you! Thank you for letting us @GarageCapital participate in the first round (and several since). What a ride 🙏
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Garage Capital retweeted
Huge congrats @JonathanRoss321, @sundeep, & the entire @GroqInc team! Jonathan, it was clear from our humble days at Google X that you had big ambitions. So happy for you! Thank you for letting us @GarageCapital participate in the first round (and several since). What a ride 🙏
Today Groq entered into a non-exclusive licensing agreement with Nvidia for Groq’s inference technology. Along with other members of the Groq team, I’ll be joining Nvidia to help integrate the licensed technology. GroqCloud will continue to operate without interruption. Learn more here: groq.com/newsroom/groq-and-n…
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Garage Capital retweeted
I'm excited to announce @LoonFinance , a new entity set up to issue the industry leading Canadian dollar backed stablecoin, $CADC. Led by @VersionOneVC with participation from @GarageCapital and a syndicate of Canadian angels and partners 🇨🇦
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We're thrilled to partner w @EliotPence & @mitchcarkner in building @DominionDynamic. This is important for Canada and there's no better team to do it!
Dominion Dynamics is building a modern Canadian defence prime! theglobeandmail.com/business… @EliotPence @mitchcarkner
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