Inovia Capital

Inovia Capital, established in 2007, is a venture capital firm headquartered in Montreal, Canada, with additional offices in Toronto, Calgary, San Francisco, and London. The firm invests in early and growth-stage tech companies, focusing on software, SaaS, and applied services that transform complex legacy industries. Inovia manages over US$2.2 billion and provides capital, mentorship, and access to global networks to support founders with ambitious, influential business ideas.

Rania Ajakane

Associate

Pascale Archambault

Vice President

Alex Behal

Vice President

Andrew Biddell

Associate

Charlotte Borgognoni

Associate

Magaly Charbonneau

Partner

Steven Chung

Vice President

Simon Constantineau

Analyst

Etienne Gauthier

Associate

Patrick Ghoche

CFO

Raif Jacobs

Partner

Prem Kalevar

Vice President, Discovery Program

Phoebe Kitchen

Principal

Taha Mubashir

Principal

Noah Nagle

Associate

Gabi Piccininni

Associate

Jules Pichette

Associate

Steven G Woods

Partner and CTO

Hugues Lalancette

Partner

Past deals in Self-driving

Tera AI

Seed Round in 2025
Tera AI is a technology company developing a platform-agnostic, software-only spatial reasoning AI system for autonomous robots. This system enables any robot, using its existing camera, to navigate novel environments without prior setup or additional sensors. Tera's solution is designed to facilitate various applications, such as manipulation, mobile robotics, and automated driving.

Inverted AI

Seed Round in 2023
Inverted AI, a spinout from the University of British Columbia, specializes in developing proprietary software that predicts human driving behavior. The company focuses on creating AI agents that mimic human drivers for use in simulators designed to train self-driving cars. By employing probabilistic programming, Inverted AI's technology enables the creation of AI agents capable of safe and efficient vehicle control. This innovation provides vital data and insights necessary for advancing self-driving technology to higher levels of autonomy, specifically targeting 'level 4' and above. Through its research and product development, Inverted AI aims to enhance the capabilities of vehicle manufacturers in the autonomous driving sector.

OTTO Motors

Series C in 2020
OTTO Motors, a subsidiary of Clearpath Robotics Inc., specializes in the design, development, and delivery of self-driving vehicles aimed at automating material movement within factories and warehouses. Founded in 2015 and based in Kitchener, Canada, the company offers two primary products: the OTTO 100, which is designed for transporting human-scale payloads like boxes and carts, and the OTTO 1500, a heavy-duty vehicle capable of moving larger items such as pallets and racks. These autonomous mobile robots utilize infrastructure-free navigation to provide intelligent and efficient transportation solutions in various industrial sectors, including automotive, medical device, aerospace, and logistics. OTTO Motors combines proprietary hardware, software, and services to ensure reliable and safe operations in dynamic production environments.

Clearpath Robotics

Series C in 2020
Clearpath Robotics Inc. is a Canadian company that specializes in designing and manufacturing self-driving vehicles tailored for various industrial applications. Founded in 2009 and based in Kitchener, the company provides a range of autonomous solutions, including robotic utility vehicles, unmanned ground vehicles, heavy load transporters, and omnidirectional platforms, which are utilized in sectors such as mining, agriculture, and the military. In addition, Clearpath offers aerial drones and unmanned surface vessels, along with a suite of accessories including sensors, controllers, and networking products. The company also delivers comprehensive services such as systems design, navigation and control, and simulation, supporting clients in deploying safe and efficient autonomous mobile robotics within their facilities without the need to alter existing infrastructures. Clearpath serves over 500 innovative brands worldwide through its divisions, Clearpath Robotics and OTTO Motors.

OTTO Motors

Series B in 2016
OTTO Motors, a subsidiary of Clearpath Robotics Inc., specializes in the design, development, and delivery of self-driving vehicles aimed at automating material movement within factories and warehouses. Founded in 2015 and based in Kitchener, Canada, the company offers two primary products: the OTTO 100, which is designed for transporting human-scale payloads like boxes and carts, and the OTTO 1500, a heavy-duty vehicle capable of moving larger items such as pallets and racks. These autonomous mobile robots utilize infrastructure-free navigation to provide intelligent and efficient transportation solutions in various industrial sectors, including automotive, medical device, aerospace, and logistics. OTTO Motors combines proprietary hardware, software, and services to ensure reliable and safe operations in dynamic production environments.

Clearpath Robotics

Series B in 2016
Clearpath Robotics Inc. is a Canadian company that specializes in designing and manufacturing self-driving vehicles tailored for various industrial applications. Founded in 2009 and based in Kitchener, the company provides a range of autonomous solutions, including robotic utility vehicles, unmanned ground vehicles, heavy load transporters, and omnidirectional platforms, which are utilized in sectors such as mining, agriculture, and the military. In addition, Clearpath offers aerial drones and unmanned surface vessels, along with a suite of accessories including sensors, controllers, and networking products. The company also delivers comprehensive services such as systems design, navigation and control, and simulation, supporting clients in deploying safe and efficient autonomous mobile robotics within their facilities without the need to alter existing infrastructures. Clearpath serves over 500 innovative brands worldwide through its divisions, Clearpath Robotics and OTTO Motors.

OTTO Motors

Series A in 2015
OTTO Motors, a subsidiary of Clearpath Robotics Inc., specializes in the design, development, and delivery of self-driving vehicles aimed at automating material movement within factories and warehouses. Founded in 2015 and based in Kitchener, Canada, the company offers two primary products: the OTTO 100, which is designed for transporting human-scale payloads like boxes and carts, and the OTTO 1500, a heavy-duty vehicle capable of moving larger items such as pallets and racks. These autonomous mobile robots utilize infrastructure-free navigation to provide intelligent and efficient transportation solutions in various industrial sectors, including automotive, medical device, aerospace, and logistics. OTTO Motors combines proprietary hardware, software, and services to ensure reliable and safe operations in dynamic production environments.

Clearpath Robotics

Series A in 2015
Clearpath Robotics Inc. is a Canadian company that specializes in designing and manufacturing self-driving vehicles tailored for various industrial applications. Founded in 2009 and based in Kitchener, the company provides a range of autonomous solutions, including robotic utility vehicles, unmanned ground vehicles, heavy load transporters, and omnidirectional platforms, which are utilized in sectors such as mining, agriculture, and the military. In addition, Clearpath offers aerial drones and unmanned surface vessels, along with a suite of accessories including sensors, controllers, and networking products. The company also delivers comprehensive services such as systems design, navigation and control, and simulation, supporting clients in deploying safe and efficient autonomous mobile robotics within their facilities without the need to alter existing infrastructures. Clearpath serves over 500 innovative brands worldwide through its divisions, Clearpath Robotics and OTTO Motors.
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