# AAL VC

> AAL VC is a VC fund in Vancouver backing Artificial Intelligence and Software. See 31 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Vancouver, Canada
- Total investments: 31
- Last investment: Jul 2026
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/aal-vc
- Website: https://aal.vc/

AAL VC is a VC fund founded by a team of experienced technologists and operators and built on top of a diverse tech community of LPs and experts. AAL VC invests in Seed+ companies across North America and Europe, with a focus on deeply technical founders buidling in AI/ML, devtools, cloud, infra, and open source.

## Contacts

5 contacts available for AAL VC. Shizune tracks 2 team members at AAL VC. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/aal-vc?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.5M–$27M |
| Pre-Seed | $100k–$15M |
| Series A | $6.7M–$40M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Artificial Intelligence | 16 | 52% |
| Software | 12 | 39% |
| Generative AI | 5 | 16% |
| Information Technology | 5 | 16% |
| Developer Tools | 4 | 13% |

54 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 13 | 42% |
| Series A | 7 | 23% |
| Pre-Seed | 5 | 16% |
| Venture - Series Unknown | 3 | 10% |
| Series B | 1 | 3% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 19 | 61% |
| United Kingdom | 3 | 10% |
| Canada | 2 | 6% |
| France | 1 | 3% |
| Luxembourg | 1 | 3% |

6 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Dmitry Stepanov | General Partner | 4 | https://shizune.co/investors/profile/dmitry-stepanov |
| Eugene Mikhaylov | GP | 2 | https://shizune.co/investors/profile/eugene-mikhaylov |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| ZML | ZML develops a production inference stack that decouples artificial intelligence workloads from specific proprietary hardware targets. The platform compiles open-source machine learning models directly into optimized code for multiple chip types without using traditional Python runtimes. | $20M | Seed | Jul 08, 2026 |  |
| xmemory | xmemory is an AI‑focused startup working on advanced, structured memory architectures for AI agents and large‑language‑model (LLM) systems. It provides a specialized AI infrastructure layer that enables AI agents to transition from stateless to stateful by implementing a structured, hierarchical memory architecture. | $4M | Pre-Seed | Mar 18, 2026 |  |
| xmemory | xmemory is an AI‑focused startup working on advanced, structured memory architectures for AI agents and large‑language‑model (LLM) systems. It provides a specialized AI infrastructure layer that enables AI agents to transition from stateless to stateful by implementing a structured, hierarchical memory architecture. | $4M | Pre-Seed | Mar 18, 2026 |  |
| Laminar | Laminar is a Information Service providing firm offering an open source platform for observability, analytics, evals and chain management. | $3M | Seed | Mar 16, 2026 |  |
| Algorized | Algorized is a Swiss-based start-up developing advanced sensing and perception technologies. Impact-driven, its mission is to accelerate human sensing technologies to protect life. The solution is designed for human presence and objects detection, tracking and positioning as well as vital signs monitoring, even through obstacles, and includescomplex processing algorithms for ultra-wideband (UWB) impulse radar sensors. Algorized technology is built for application in a variety of fields from people safety, greener buildings and life-saving technologies through to autonomous vehicles, human machine interaction and consumer electronics. | $13M | Series A | Feb 10, 2026 |  |
| Etched | Etched.ai designing specialized chips for language model inference. | $500M | Venture - Series Unknown | Jan 13, 2026 |  |
| Autonomous Technologies Group | Autonomous is an AI-powered fintech company that helps users manage investments and financial decisions independently. | $15M | Pre-Seed | Jan 07, 2026 |  |
| AlgoX2 | AlgoX2, backed by Bessemer Venture Partners, is a clean-sheet data-streaming platform designed by the team behind the New York Stock Exchange’s trading technology. It is Kafka API compatible with native support for Redis, NATS, and MQTT. AlgoX2 unifies stream processing, connectors, and lakehouse gateways in a single fault-tolerant cluster,delivering up to 10X higher throughput and up to 90% lower TCO than legacy stacks, with ultra-low latency. | $3.5M | Seed | Oct 08, 2025 |  |
| Zencoder | Zencoder is an innovative AI coding agent platform that enhances software development by enabling developers to leverage embedded AI agents in their workflow, leading to faster product delivery. Zencoder leverages embedded AI agents to improve the code generation of the LLMs and reduce hallucinations through deep syntactic and semantic analysis ofthe developer's repository and the generated code. Further, the agentic workflow helps correct the code generated by the LLMs, giving developers time to focus on high-value tasks. |  | Seed | Jul 09, 2025 |  |
| 21st | 21st dev provides an open-source platform for discovering, sharing, and generating reusable React UI tools for frontend development. |  | Pre-Seed | Mar 25, 2025 |  |

10 of 31 investments shown.

## Co-investors
- [33East](https://shizune.co/investors/profile/33east) — VC Fund, 4 deals together
- [Begin Capital](https://shizune.co/investors/profile/begin-capital) — VC Fund, 4 deals together
- [Fly Ventures](https://shizune.co/investors/profile/fly-ventures) — VC Fund, 4 deals together
- [Davidovs Venture Collective](https://shizune.co/investors/profile/davidovs-vc) — VC Fund, 3 deals together
- [Radical Ventures](https://shizune.co/investors/profile/radical-ventures) — VC Fund, 3 deals together
- [RTP Global](https://shizune.co/investors/profile/rtp-global) — VC Fund, 3 deals together

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## FAQ

### What does AAL VC invest in?

AAL VC invests primarily in Artificial Intelligence, Software and Generative AI startups, most often at Seed and Series A stage. Most of the 31 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is AAL VC's check size?

AAL VC typically joins rounds of $1.5M–$27M at Seed, $100k–$15M at Pre-Seed and $6.7M–$40M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds AAL VC participates in.

### How do I contact AAL VC?

Public channels for AAL VC include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at AAL VC?

The team at AAL VC includes Dmitry Stepanov (General Partner) and Eugene Mikhaylov (GP). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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