Brightspark

Canada

Seed

About Brightspark

Brightspark is a venture capital firm based in Canada, focusing on Seed stage investments. The fund actively supports founders building innovative solutions in AI/ML, Climate & Sustainability, Deep Tech, providing strategic guidance and capital to help startups scale.

Investment Focus

Location / RegionCanada

Funding StageSeed

Industry Focus

Ai Ml

Climate Sustainability

Deep Tech

Investor Signals Profile

active

Sweet Spot

Canadian early-stage tech founder, pre-Seed to Series A, disruptive

Canadian early-stage tech

pre-Seed to Series A

deep tech

climate tech

SPV democratization

Bullish Signals

Hopper: $3.5B valuation, pre-Seed betexternal

$67.5M fund, 12 portfolio cosexternal

5,000+ accredited investors communityexternal

$50M+ deployed via SPV modelexternal

25+ years in Canadian VC marketexternal

Deep Sky: carbon removal, pre-Seed 2022website

Multiple exits: IBM, Salesforce, Canada Postwebsite

Secondaries program — rare at this sizewebsite

Active since 1999 — 5 fund generationswebsite

WinFax inventor — deep product DNAwebsite

Team: VC veterans + operators + next-gen GPswebsite

Upper top quartile returns, Fund IIwebsite

Mission: democratize VC access to accredited investorswebsite

Hopper #1 travel app, 70+ countrieswebsite

Brightspark Labs incubator, 1999 — earliest VCswebsite

Think Dynamics, Servicesoft, Borderfree exits legacywebsite

600+ tech jobs created via Delrina erawebsite

Jewlr, Tira Wireless, iStopover — next-gen companieswebsite

Contrarian Signals

Canada-only focus limits global reachexternal

SPV model adds investor complexityexternal

Small fund size vs. US peersexternal

Founder Do's

Be Canadian or Canada-focused

Pre-Seed or pre-Series A stage

Disruptive tech with clear market

Open to long-term partnership

Show early traction or strong vision

Founder Don'ts

Don't come post-Series A

Don't skip Canadian market angle

Don't expect fast exit pressure

Key GPs & Partners

Mark Skapinker

Co-Founder

veteranoperatorCanadian tech pioneer

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Fund Overview

Fund Size$100M

Saves0

Website

Key People

Sophie Forest

Mark SkapinkerCo-Founder

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