Fund profile / Canada

Version One Opportunities Fund III

Geography: Canada
Stage: Series A
Fund size: $30M
Focus: AI/ML, Biotech, Deep Tech and Robotics & Automation
Signals: Published

N°01 / About

About Version One Opportunities Fund III

Version One Opportunities Fund III is a $30M follow-on vehicle paired with Fund V ($78M) for a combined $108M raise. The fund concentrates follow-on capital into the strongest Fund V positions at Series A and Series B, allowing the lean two-GP partnership to protect ownership in breakout companies. Anchored by Northleaf, HarbourVest, and new LP Vintage Investment Partners.

N°02 / Thesis

Investment Focus

Location / RegionCanada

Funding StageSeries A

Industry Focus

AI/ML

Biotech

Deep Tech

Robotics & Automation

Investor Signals Profile

active

Sweet Spot

Bold, mission-driven founders building generational AI/robotics tech seed-B

generational-tech

bold-founders

physical-AI

AI-agents

category-defining

Bullish Signals

$78M Fund V + $30M Opportunities Fund closed 2026blog

Physical AI robotics focus: Mowito $3M pre-seed ledblog

AI agents emerging focus: Pilot Protocol $4.5M seed ledblog

Portfolio includes Ada, Coinbase, Uniswap, Shippo, Jobberportfolio

Active thought leadership: 3 free ebooks publishedcontent

Q2 2026 momentum: major milestones, launches, fundraising winsblog

Portfolio companies: $79B+ market cap (Uniswap UNI token)website

Ada: 4B+ automated interactions; enterprise-scale tractionwebsite

Headout: 20M+ guests, 196 countries, 81 destinations servedportfolio

Back founders committed to vision; obsess execution dailywebsite

Mission-driven founders defining new markets & categorieswebsite

Support from Day 1: pre-product, pre-category claritywebsite

Contrarian Signals

Limits cold access; portfolio-concentrated follow-on modelblog

Invests pre-product when category is unclearwebsite

Founder Do's

Build off-the-wall ideas with generational potential

Show vision for transforming world; obsess execution

V1 Fund V portfolio: hit breakout metrics for follow-on

Mission-driven founders welcomed pre-product, pre-category clarity

AI-agent infrastructure & physical robotics sweet spots

Founder Don'ts

Not cold-access — primarily Fund V portfolio follow-on

Avoid incremental tech; seek category-defining boldness

Don't approach without clear founder obsession signal

24 signals on Version One Opportunities Fund III

12 bullish · 2 contrarian · 5 pitch do's · 3 don'ts · 2 GP profiles, each with its source. From €9/month, cancel anytime.

See a signal free View Plans Browse all Signal Profiles →

Facts

Fund Overview

Fund Size$30M

Saves0

Website

People

Key People

Boris Wertz, Angela Tran

Boris WertzFounding Partner

Angela TranGeneral Partner

N°04 / See also

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