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Veeda AI

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Multimodal world models simulating reality for physical AI.

Toronto, CanadaFounded 2026AI
Valuation $250–500M Last recorded · 2026
Total funding $50–100M Disclosed equity funding
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About Veeda AI

Veeda AI is a Toronto-headquartered firm, established in June 2026, focused on building the next generation of multimodal foundation world models for Physical AI. The company was founded by a team of distinguished researchers from Nvidia: Dr. Sanja Fidler, a renowned computer scientist and professor at the University of Toronto who led Nvidia's AI research lab in Toronto for eight years, serves as the leader; she is joined by former Nvidia colleagues Zan Gojcic as CTO and Huan Ling as Chief Scientist. The founding team's background is rooted in developing world models and algorithms for understanding three-dimensional data at Nvidia's Spatial Intelligence Lab.

Shortly after its incorporation, Veeda AI secured one of Canada's largest seed financing rounds, raising over US$90 million. The round was co-led by prominent venture capital firms Khosla Ventures and Radical Ventures, signaling strong investor confidence in the company's mission. The capital is being deployed to recruit scientists and machine learning engineers and to acquire the substantial compute power necessary for training its complex models.

The company's core offering is the development of high-fidelity, scalable simulated environments based on world models, which are AI models that create an internal simulation of the real world. This technology is positioned as a critical infrastructure layer for the entire robotics and Physical AI sector. It allows embodied agents, such as robots, to learn through interaction in a safe, virtual setting, bypassing the physical risks and limitations of real-world training. Veeda AI's objective is to solve significant challenges at the intersection of AI, robotics, and embodied intelligence to unlock new scaling opportunities for Physical AI.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2026
Headquarters
Toronto, Canada
Open positions
7
Dealroom signal
84.3/100
Industry
Enterprise Software
Sector
AI, Core AI, Simulation Tech, Generative AI, MLops, genAI Model Maker, genAI Applications, Woman Founder, AI Model Maker, AI Model Training and Development, AI Agents, ai model layer
Business model
SaaS
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEED✓Equity / VC Aug 2026 $90M $360M Khosla Ventures · Radical Ventures ↗
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇦 Canada · Toronto HQ
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Market sentiment

Posts on X, past 7 days

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