# Who Invests With Real Ventures: 82 Co-Investors (2026)

> The 82 investors that have backed two or more of the same startups as Real Ventures, by kind: vc firms, accelerators and government funds.

Source: https://millionrounds.com/portfolio-maps/real-ventures-2-co-investors (Millionrounds; every figure on the page links to its filing or article)

## VC firms

63

- [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital)
- [Inovia Capital](https://millionrounds.com/fund/inovia-capital)
- [*IQ* Investissement Quebec](https://millionrounds.com/fund/investissement-quebec-2)
- [FJ Labs](https://millionrounds.com/fund/fj-labs)
- [Techstars](https://millionrounds.com/fund/techstars)
- [Panache Ventures](https://millionrounds.com/fund/panache-ventures)
- [SVB Capital](https://millionrounds.com/fund/svb-capital)
- [Centech](https://millionrounds.com/fund/centech)
- [Omers Ventures](https://millionrounds.com/fund/omers-ventures)
- [Cycle Momentum](https://millionrounds.com/fund/cycle-momentum)
- [Portage Ventures](https://millionrounds.com/fund/portage-vc)
- [Relay Ventures](https://millionrounds.com/fund/relay-ventures)
- [DCVC](https://millionrounds.com/fund/data-collective)
- [White Star Capital](https://millionrounds.com/fund/white-star-capital)
- [Real Ventures](https://millionrounds.com/fund/real-ventures)
- [Founders Fund](https://millionrounds.com/fund/founders-fund)
- [Mistral](https://millionrounds.com/fund/mistral)
- [Garage Capital](https://millionrounds.com/fund/garage-capital-2)
- [Robot Ventures](https://millionrounds.com/fund/robot-ventures)
- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)
- [Fidelity](https://millionrounds.com/fund/fidelity)
- [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners)
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital)
- [N49P](https://millionrounds.com/fund/n49p)

+39 more

## Accelerators

7

- [Y Combinator](https://millionrounds.com/fund/y-combinator)
- [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab)
- [FounderFuel](https://millionrounds.com/fund/founderfuel)
- [NEXT Canada](https://millionrounds.com/fund/next-ai)
- [Obvious Ventures](https://millionrounds.com/fund/obvious-ventures)
- [TandemLaunch](https://millionrounds.com/fund/tandemlaunch)
- [Google for Startups](https://millionrounds.com/fund/google-for-startups)

## Government funds

5

- [Export Development Canada](https://millionrounds.com/fund/export-development-canada)
- [Desjardins Venture Capital](https://millionrounds.com/fund/desjardins-venture-capital)
- [AQC Capital](https://millionrounds.com/fund/aqc-capital)
- [GO Capital Fund](https://millionrounds.com/fund/investissement-quebec)
- [Government of Canada](https://millionrounds.com/fund/government-of-canada)

## Angels and networks

4

- [*5G* 500 Global](https://millionrounds.com/fund/500-startups)
- [Anges Quebec](https://millionrounds.com/fund/anges-quebec)
- [*AM* Alan MacIntosh](https://millionrounds.com/fund/alan-macintosh)
- [AngelList](https://millionrounds.com/fund/angellist)

## Private equity and asset managers

3

- [National Bank of Canada](https://millionrounds.com/fund/national-bank-of-canada)
- [Ontario Municipal Employees Retirement System](https://millionrounds.com/fund/omers)
- [Gaingels](https://millionrounds.com/fund/gaingels)

## Segment by segment

### VC firms

63 investors

- [**BDC Capital**](https://millionrounds.com/fund/bdc-venture-capital) VC firm Canada 23 backed
- [**Inovia Capital**](https://millionrounds.com/fund/inovia-capital) VC firm Canada 12 backed
- [*IQ* **Investissement Quebec**](https://millionrounds.com/fund/investissement-quebec-2) Investment firm - 10 backed
- [**FJ Labs**](https://millionrounds.com/fund/fj-labs) VC firm United States 8 backed
- [**Techstars**](https://millionrounds.com/fund/techstars) VC firm United States 8 backed
- [**Panache Ventures**](https://millionrounds.com/fund/panache-ventures) VC firm Canada 6 backed
- [**SVB Capital**](https://millionrounds.com/fund/svb-capital) VC firm United States 6 backed
- [**Centech**](https://millionrounds.com/fund/centech) VC firm Canada 6 backed

### Accelerators

7 investors

- [**Y Combinator**](https://millionrounds.com/fund/y-combinator) Accelerator United States 14 backed
- [**Creative Destruction Lab**](https://millionrounds.com/fund/creative-destruction-lab) Accelerator Canada 12 backed
- [**FounderFuel**](https://millionrounds.com/fund/founderfuel) Accelerator Canada 6 backed
- [**NEXT Canada**](https://millionrounds.com/fund/next-ai) Accelerator Canada 3 backed
- [**Obvious Ventures**](https://millionrounds.com/fund/obvious-ventures) Accelerator United States 3 backed
- [**TandemLaunch**](https://millionrounds.com/fund/tandemlaunch) Accelerator Canada 2 backed
- [**Google for Startups**](https://millionrounds.com/fund/google-for-startups) Accelerator United States 2 backed

### Government funds

5 investors

- [**Export Development Canada**](https://millionrounds.com/fund/export-development-canada) Government fund Canada 8 backed
- [**Desjardins Venture Capital**](https://millionrounds.com/fund/desjardins-venture-capital) Government fund Canada 6 backed
- [**AQC Capital**](https://millionrounds.com/fund/aqc-capital) Government fund Canada 5 backed
- [**GO Capital Fund**](https://millionrounds.com/fund/investissement-quebec) Government fund Canada 3 backed
- [**Government of Canada**](https://millionrounds.com/fund/government-of-canada) Government fund Canada 2 backed

### Angels and networks

4 investors

- [*5G* **500 Global**](https://millionrounds.com/fund/500-startups) Angel investor United States 5 backed
- [**Anges Quebec**](https://millionrounds.com/fund/anges-quebec) Angel network Canada 3 backed
- [*AM* **Alan MacIntosh**](https://millionrounds.com/fund/alan-macintosh) Angel investor - 2 backed
- [**AngelList**](https://millionrounds.com/fund/angellist) Angel network United States 2 backed

### Private equity and asset managers

3 investors

- [**National Bank of Canada**](https://millionrounds.com/fund/national-bank-of-canada) Private equity Canada 3 backed
- [**Ontario Municipal Employees Retirement System**](https://millionrounds.com/fund/omers) Investor Canada 2 backed
- [**Gaingels**](https://millionrounds.com/fund/gaingels) Private equity United States 2 backed

**How this map is made.** Every investor here has backed two or more of the same startups as Real Ventures, in rounds we track. Grouped by kind, each ranked by how many startups it shares with Real Ventures. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Portfolio map **Real Ventures portfolio map** 84 startups · $5.3B](https://millionrounds.com/portfolio-maps/real-ventures-2-portfolio-map)[Investments abroad **Real Ventures' investments in Canada** 51 startups · $769M](https://millionrounds.com/portfolio-maps/real-ventures-2-investments-canada)[Investments abroad **Real Ventures' investments in the United States** 24 startups · $4.1B](https://millionrounds.com/portfolio-maps/real-ventures-2-investments-united-states)[Sector portfolio **Real Ventures' AI portfolio** 20 startups · $651M](https://millionrounds.com/portfolio-maps/real-ventures-2-ai-portfolio)[Co-investors **Who invests with Y Combinator** 1,812 co-investors](https://millionrounds.com/portfolio-maps/y-combinator-co-investors)[Co-investors **Who invests with 500 Global** 996 co-investors](https://millionrounds.com/portfolio-maps/500-startups-co-investors)

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