zofiQ

In The Channel

Top Down Ventures closes oversubscribed C$38M Founders Fund I, with a 5.3x agentic AI exit already in the books

May 12, 2026 Robert Dutt Comments Off on Top Down Ventures closes oversubscribed C$38M Founders Fund I, with a 5.3x agentic AI exit already in the books
Top Down Ventures has closed Founders Fund I at C$38 million, oversubscribed, as the first institutional VC fund focused exclusively on early-stage MSP software and AI. Managing partner Joel Abramson joined In The Channel on announcement day to unpack the thesis, the zofiQ exit, and the market shift that has the fund bullish on the decade ahead.

Podcasts

The Buzz: Canada ranks second globally for ransomware, Top Down closes $38M MSP fund, and Barracuda maps the new email threat landscape

May 12, 2026 Robert Dutt Comments Off on The Buzz: Canada ranks second globally for ransomware, Top Down closes $38M MSP fund, and Barracuda maps the new email threat landscape
Canada moves to second globally in ransomware attacks per Fortinet, Top Down Ventures closes its oversubscribed Founders Fund I at $38M Canadian, and Barracuda’s analysis of 3.1 billion emails maps where the threat is heading next.