What does Mistral.vc do?

Mistral Venture Partners is a seed and early-stage venture capital firm based in Ottawa, Canada, with additional offices in Toronto, Montreal, and Los Angeles. Founded in 2012, the firm focuses on investing in Canadian technology startups and has also expanded its reach to the US market. Mistral aims to fill the gap in early-stage capital for Canadian innovators by providing hands-on support from a team of experienced entrepreneurs and investors. The firm has raised around $60 million across its first two funds and has invested in 27 companies across various locations. Mistral typically acts as the first institutional investor, often leading funding rounds to help startups grow and prepare for later-stage financing. Its investment focus includes sectors such as enterprise software, B2B SaaS, AI, and blockchain, targeting startups that address significant business challenges. Mistral emphasizes ethical investing and offers operational support to help companies achieve product-market fit, leveraging its extensive network to foster growth and facilitate future fundraising.