Latest fund size
$17M
Announced
November 13, 2026
Global HQ
Canada
Members only
Check size
$500K-$1M
Members only
Stage focus
Pre-Seed
Members only
Regions of investment
North America
Members only
Northside Ventures is a Toronto-based pre-seed venture capital firm founded by Alex McIsaac, formerly the Canadian partner at Global Founders Capital. The firm backs Canadian founders at or near company formation, whether they are building in Canada or the United States, and describes itself as an institutional angel investor.
Members only
Names, roles, emails and LinkedIn profiles for the team, plus the fund's website.
Northside Ventures invests at pre-seed in Canadian founders, often before they have built a product.
The firm covers a broad range of sectors, with particular interest in AI applications, AI infrastructure, and frontier technology including robotics, space, and defence. Defence is its fastest-growing category.
Its first fund was split roughly evenly between companies building in Canada and in the United States.
Members only
What the fund looks for in founders and which sectors it backs.
Northside Ventures launched Fund II with a $30 million target and has secured $17 million across two closes, announced in November 2026.
CIBC Innovation Banking and Intact Private Capital are co-anchor investors, joined by TD Innovation Partners, Bain Capital Ventures, family offices, and Canadian tech founders.
The firm's first fund totaled $11 million.
Members only
Fund size, LPs and track record.
Leadership
Investment Strategy
Northside Ventures writes an average initial check of $500,000 from Fund II, up from $225,000 in its first fund, and reserves 20% of the fund for follow-on investments.
The firm plans to back about 40 companies over three years and has made about a dozen investments from Fund II so far.
It sources deals with an internal AI product and a scout program at Canadian universities.
Notable Investments
Members only
Leadership, investment strategy, notable investments and exits.
