Highlights from our Q2 2026 Newsletter:
Q2 was a busy one. We welcomed @float_financial and Ranger AI to our portfolio and doubled down on @gaiia_software as it closed a US$40M Series B. On the exits side, Reliant AI was acquired by fellow portfolio company @cohere, which also announced a deal with Germany's @Aleph__Alpha, and @jaidehealth was acquired by @AMNHealthcare. We partnered with Northleaf to launch Discovery, a new platform for the next generation of Canadian founders and emerging VCs. Mia Morisset was promoted to Partner, and we brought the Inovia community together in Toronto for our 2026 AGM.
Read more 👉 https://t.co/my3O9o0yeV
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Faits saillants de notre infolettre Q2 2026 :
Un trimestre bien chargé. Nous avons accueilli @float_financial et Ranger AI dans notre portefeuille et réinvesti dans @gaiia_software, qui a clôturé une série B de 40 M$ US. Du côté des sorties, Reliant AI a été acquise par @cohere, qui a également annoncé une entente avec l'entreprise allemande @Aleph__Alpha, et @jaidehealth a été acquise par @AMNHealthcare. En partenariat avec Northleaf, nous avons lancé Discovery, une nouvelle plateforme pour la prochaine génération de fondateurs canadiens et de firmes émergentes. Mia Morisset a été promue associée, et nous avons réuni la communauté Inovia à Toronto pour notre AGA 2026.
Pour en savoir plus 👉 https://t.co/1TZZA7U7ci
July is a big month for the Montréal tech and investment community, and our team will be there for it!
Here's where to find us during @startupfest week:
• July 8: FundFest
A half-day event for investors, by investors, bringing together the VC ecosystem for candid discussions, strategic insights, and meaningful relationship-building. We're proud to support this one. Investor ticket required — details at https://t.co/j5UZE4xzxG
• July 8: VC Social
Our favourite evening of the summer is back. Inovia is proud to co-host this festive gathering alongside fellow VCs and our friends at @espacecdpq! Expect great conversations, cocktails, and the kind of energy only a Montréal summer night delivers. Invite-only.
More to come from the ground, stay tuned!
Contracts are central to how businesses operate, yet too often remain a bottleneck to moving quickly.
Congratulations to @scottastevenson and the @SpellbookLegal team on the launch of Autonomous Contract Management, bringing an AI-native approach to the full contract lifecycle. Excited to see what this unlocks for legal teams and everyone who works with agreements. 🚀
Today we're launching @SpellbookLegal's biggest thing yet: Autonomous Contract Management
It’s the first end-to-end AI infrastructure for contracts
The world is speeding up. We are in one of the biggest investment cycles in decades.
Behind every rocket launch, FIFA game, and datacenter, lies a web of hundreds of agreements.
Agreements are the invisible threads that allow us to work together.
We have infrastructure for finance (Stripe, Ramp), eCommerce (Shopify) and many business functions.
But agreement infrastructure is lacking. This creates a painful bottleneck on our ability to work together.
Online purchases take milliseconds. But agreements still take weeks.
CLMs were supposed to be the answer, but were designed in a pre-AI era.
AI fundamentally changed how computers can accelerate agreements.
Spellbook is the most used AI contract review tool in the world, with ~5,000 customers in 80 countries
Now we are expanding to deliver the first end-to-end, AI native stack for contracts.
From the moment a deal lands in your inbox, to the day it renews years later, Spellbook’s AI supports teams every step of the way, across all business teams.
It runs 24/7. While you sleep, it's reading the deals that came in overnight, flagging the parts that actually need a lawyer, and clearing the busywork that used to kill mornings.
Nothing gets handed off between systems or slips after signature, and the intelligence stays with you for the life of the contract.
AI for lawyers is great. There are 20 million lawyers in the world, and many are our users.
But there are billions who touch contracts. We're excited to help everyone move faster and do more of what they love, by building the best AI-powered contract infrastructure in the world.
Get early access: https://t.co/ehs7vRMAr9
Introducing @runneth, the AI brain for Marketing.
It's like having your own mac mini in the cloud.
Seriously. We built infrastructure to give *every* customer their own dedicated virtual machine.
June takes our team across five cities and two continents, with conversations spanning travel tech, go-to-market, AI infrastructure, and the venture landscape itself.
Where to find us: https://t.co/Majf5wROwg
See you there!
« Il vaut mieux décider vite, itérer, faire des erreurs et les corriger rapidement que d'attendre la certitude et de se faire dépasser. »
🎥 La rediffusion de l'allocution de @chrisarsenault au Cercle canadien de Montréal est maintenant en ligne.
Une réflexion franche sur la vélocité, le talent canadien en IA, et pourquoi le Canada se doit d'agir comme premier client de ses propres champions technologiques. Suivie d'un entretien avec Marie Josée Lamothe, présidente de Tandem International.
À visionner 👇
https://t.co/AI0nPwj1C7
Today, we’re introducing Discovery by Inovia x Northleaf, a platform focused on pre-seed and seed, built on a long-standing collaboration between our teams.
Official press release: https://t.co/aycjSeUV8D
More: https://t.co/2u56yZN3uq
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Aujourd’hui, nous présentons Discovery par Inovia et Northleaf, une plateforme axée sur le pré-amorçage et l’amorçage, issue d’une collaboration de longue date.
Communiqué de presse : https://t.co/R5Lb3xVaQi
Pour en savoir plus : https://t.co/0WylPVA57X
We've raised $5M to build organizational memory.
Every company runs on decisions, but as teams grow the, context behind them gets lost. We built Sentra to make sure that never happens again.
Start using Sentra for free today!
Highlights from our Q1 2026 Newsletter: 1 Exit, 1 New Investment, a Partnership with Mila to Launch the Venture Scientist Fund, and the 3rd Edition of our State of Canadian Software Report!
👀 To learn more: https://t.co/ljcClaZHSX
#Newsletter
Our colleague @sgwoods sat down with two old Google friends who've seen AI history from the inside. Mo Cheppudira (ex-OpenAI) and @tmu (ex-OpenAI, ex-Anthropic). Six-part series.
#AI
🔗 Full playlist in comments.
Today we're launching Latent-Y: the world's first autonomous agent for drug design, lab-validated end to end.
Give it a research goal. Latent-Y reasons, designs, iterates, and delivers lab-ready antibodies, autonomously or collaboratively, with the biological reasoning of a PhD protein design expert.
Technical report: https://t.co/E7IHfkvvD3
Blog post: https://t.co/GfJAfzj0Qx
Apply for access: https://t.co/E0SR9znZiP
Why don’t we have a “Waymo for every robot”?
Because most autonomy stacks are hardware-heavy, GPS-dependent, and fragile outside controlled settings.
@teraai_'s latest post breaks down the limitations and their approach to software-defined, vision-based navigation.
👇
We’re proud to announce that Spellbook is the exclusive AI legal drafting and review partner of the Canadian Bar Association.
Through this partnership, Spellbook will serve as the exclusive provider of AI-powered contract drafting and review tools for CBA's network of 40,000+ legal professionals across Canada.
CBA members will benefit from exclusive pricing across Spellbook’s full suite of tools.
More: https://t.co/MVVLMKRL96
Coding isn't holding you back. Product work is.
Introducing Modem, your dev team's auto-triage PM.
It listens to user signals 24/7, finds problems before you do & does the work you're slow at – filing tickets, pinging teammates, closing the loop.
Sign up today at @modemdev