# Pathbreaker Ventures: portfolio, investments and team > Pathbreaker Ventures is a vc firm based in Canada. 6 investments on record, latest Dec 2024. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/pathbreaker-ventures (Millionrounds; every figure on the page links to its filing or article) Canada · [Investor](https://millionrounds.com/investors) # Pathbreaker Ventures Filed with the SEC to raise a fund in Apr 2026, closing $18M. Last cheque observed Dec 2024. Email VC firm Quiet New fund $18M, Apr 2026 Pre-seed Seed Series A Hardware Software Follow Pathbreaker Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fpathbreaker-ventures) Cheques on record **0%** of best year **0** **cheques in 12 months**, 6 on record Since the last cheque **688** days **00** hrs **00** min **00** sec Median round **$6.9M** Cheque size, as they say **$250K – $1.0M** Rounds led **0 of 6** Mostly in **United States, 100%** Pitch Pathbreaker Ventures ## Pathbreaker Ventures highlights - 01 6 rounds on record - 02 Mostly Seed and Series A: 75% of its rounds ## What they do > Pathbreaker invests in specialized founders determined to solve the world’s hardest problems through novel hardware and software technologies. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** $250K – $1.0M as they say - **Stages:** Pre-seed Seed Series A - **Sectors:** Hardware Software - **Based in:** San Francisco, Canada - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **6 appearances** - **2024** 1 round - **Dec** **[Slip Robotics](https://millionrounds.com/company/slip-robotics)** Series B · US · TechCrunch **$28M** With 5 others - **2019** 2 rounds - **Oct** **[Diligent Robotics](https://millionrounds.com/company/diligent-robotics)** Seed · US · Siliconhillsnews **$3.0M** With 8 others - **Oct** **[Edify Labs](https://millionrounds.com/company/edify-labs)** US · Prweb **$10M** With 7 others - **2018** 2 rounds - **Oct** **[VergeSense](https://millionrounds.com/company/vergesense)** US · FinSMEs **$1.5M** With 1 other - **Jan** **[Apprente](https://millionrounds.com/company/apprente)** Seed · US · FinSMEs **$4.8M** With 6 others - **2017** 1 round - **Apr** **[Mux](https://millionrounds.com/company/mux)** Series A · US · FinSMEs **$9.0M** With 8 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **1 named** RG **Ryan Gembala** Manager i Filing they signed We also hold **1** person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$29M** gross assets of its funds Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** Pathbreaker Ventures II, LLC - **SEC number:** CRD 310746 ## What they claim to have backed From their own portfolio page (on their website) **36** of 44 we have independently watched raise [Antares Industries](https://millionrounds.com/company/antares)[AptEdge](https://millionrounds.com/company/aptedge)[Biobot Analytics](https://millionrounds.com/company/biobot-analytics)[Bravo Ordnance](https://millionrounds.com/company/bravo-ordnance)[Burnbot](https://millionrounds.com/company/burnbot)[CompScience](https://millionrounds.com/company/compscience)[Datagrid](https://millionrounds.com/company/datagrid)[Delivery Collective](https://millionrounds.com/company/delivery-collective)[Diligent Robotics](https://millionrounds.com/company/diligent-robotics)[Esper](https://millionrounds.com/company/esper)[Exia Labs](https://millionrounds.com/company/exia-labs)[Fathom Radiant](https://millionrounds.com/company/fathom-radiant)[First Bite](https://millionrounds.com/company/first-bite)[FoxGlove](https://millionrounds.com/company/foxglove)[Framework](https://millionrounds.com/company/framework)[Frec](https://millionrounds.com/company/frec)[General Galactic](https://millionrounds.com/company/general-galactic)[GrayMatter Robotics](https://millionrounds.com/company/graymatter-robotics)[Hyphen](https://millionrounds.com/company/hyphen)[Ingest](https://millionrounds.com/company/ingest)[K2 Space](https://millionrounds.com/company/k2-space)[Koobz](https://millionrounds.com/company/koobz)[Material](https://millionrounds.com/company/material)[OptimoRoute](https://millionrounds.com/company/optimoroute)[Orderful](https://millionrounds.com/company/orderful)[Oway](https://millionrounds.com/company/oway)[Presso](https://millionrounds.com/company/presso)[Reliable Robotics](https://millionrounds.com/company/reliable-robotics)[Row64](https://millionrounds.com/company/row64)[Safely You](https://millionrounds.com/company/safely-you)[Simbe Robotics](https://millionrounds.com/company/simbe)[Slip Robotics](https://millionrounds.com/company/slip-robotics)[Superhuman](https://millionrounds.com/company/superhuman)[TextIQ](https://millionrounds.com/company/relativity)[Think Orbital](https://millionrounds.com/company/thinkorbital)[nTopology](https://millionrounds.com/company/ntopology) Inevitable Technologies Jan 21, Parkade Piñata Farms Rangeview Remedy Robotics Sept 10th, Spiketrap Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. New fund on file **$18M** raised in Apr 2026 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Pre-seed Seed Series A Median round joined **$6.9M** the round, not its cheque Led 0 of 6 rounds **0%** - **Said size:** $250K – $1.0M - **Sole investor:** Never alone - **Last cheque:** Dec 2024 Rounds by stage said on their site - Seed said *2* - Series A said *1* - Series B *1* - Pre-seed said *-* Cheques by month Led Joined Dec 2023 Nov 2026 **Pitching Pathbreaker Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Pathbreaker Ventures put money into. [**Slip Robotics** $28M · Dec 2024](https://millionrounds.com/company/slip-robotics)[**Diligent Robotics** $3.0M · Oct 2019](https://millionrounds.com/company/diligent-robotics)[**VergeSense** $1.5M · Oct 2018](https://millionrounds.com/company/vergesense)[**Mux** $9.0M · Apr 2017](https://millionrounds.com/company/mux) ## Mentioned on podcasts Episodes that name Pathbreaker Ventures in their description, not their title. - [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) 11 Mar 2020 · 47 min 207. Breaking Convention, Hitting The Fundraise Wall & Why Deep-tech Is Not More Capital Intensive Than Software (Ryan Gembala) With [Ryan Gembala](https://millionrounds.com/person/ryan-gembala) Mentions [Pathbreaker Ventures](https://millionrounds.com/fund/pathbreaker-ventures) Apple PodcastsShow page ## Quick answers about Pathbreaker Ventures ### What does Pathbreaker Ventures invest in? Pathbreaker Ventures invests most often at Seed and Series A (75% of the rounds on record), in sectors such as Hardware and Software. ### How active is Pathbreaker Ventures? 6 investments on record, 0 of them in the last 12 months. The most recent was in Dec 2024. ### What has Pathbreaker Ventures invested in recently? Its most recent investments on record: Slip Robotics (Series B, Dec 2024), Diligent Robotics (Seed, Oct 2019) and Edify Labs (Undisclosed round, Oct 2019). ### How big are Pathbreaker Ventures's cheques? The median round it joins is $6.9M. It says it writes cheques of $250K to $1.0M. ### Does Pathbreaker Ventures lead rounds? Rarely, if at all: none of its 6 investments on record names it as the lead. ### Where does Pathbreaker Ventures invest? Most of the companies it backs are in the United States (100%). ### Is Pathbreaker Ventures investing now? No investments in the last 12 months; the latest was in Dec 2024. ### What kind of investor is Pathbreaker Ventures? Pathbreaker Ventures is a VC firm based in San Francisco, Canada. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=pathbreaker-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=pathbreaker-ventures)