BMO has made a strategic investment in the Radical Breakouts Fund, a new venture capital strategy from Radical Ventures focused on supporting high-growth AI companies as they scale into global leaders. The Radical Breakouts Fund announced it has secured more than US$1 billion in commitments from leading institutional investors and is designed to provide late-stage capital to innovative AI companies during critical stages of growth. BMO plans to mobilize up to $70 billion in new capital for sectors critical to Canadian economic security and resilience over 10 years, including AI computing. "Canada has the talent and the resources to be an innovation leader across the board, from discovery to commercialization and adoption – helping to build the next era of world-class companies and the technologies that power them," said Darryl White, Chief Executive Officer, BMO Financial Group. BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of July 31, 2026.
Bank of MontrealBMO made a strategic investment in Radical Ventures' new Radical Breakouts Fund and plans to mobilize up to $70B in new capital including AI computing.
Radical Ventures launched its Radical Breakouts Fund, securing over US$1 billion in commitments including BMO's strategic investment.
