# Alpha Ascent Ventures

> Alpha Ascent Ventures is a VC fund in Toronto backing PaaS, FinTech and Biotechnology. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Toronto, Canada
- Total investments: 2
- Last investment: Jul 2022
- Lead investor: 50%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/ascentimpact/
- Website: https://www.ascentalpha.com/

Alpha Ascent Ventures is an investment firm.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| PaaS | 1 | 50% |
| FinTech | 1 | 50% |
| Biotechnology | 1 | 50% |
| Bioinformatics | 1 | 50% |
| Financial Services | 1 | 50% |

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 50% |
| Series A | 1 | 50% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Ireland | 1 | 50% |
| United States | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Payverse | Payverse is a payments processor that focuses on enabling global commerce through emerging technologies. Leveraging its UnionPay International direct connection, Payverse enables global commerce and payment acceptance for billions of UnionPay cards for U.S. merchants, including debit, credit, and prepaid cards.Payverse also designed and built acomprehensive payments platform that supports every aspect of the customer lifecycle, specializing in global e-commerce payment acceptance (not limited to UnionPay International). Our end-to-end lifecycle management solution spans the sales process, onboarding, risk management, transaction processing, funding, statements, and reporting. All of this with the power of choice for our customers. The Payverse platform is scalable--from a turnkey API-friendly solution to a white-label, full-scale operations solution, we've thought of everything our clients need across several channels including UnionPay International members, payment processors, direct merchants, ISV/tech partners, ISO agents, and wholesale ISOs.Payverse is currently working on solutions to implement other technologies into the current product and service offerings including B2B payments, remittance, BNPL, and cryptocurrency processing. | $3M | Seed | Jul 06, 2022 |  |
| Kastus Technologies | Kastus’ patented surface technology was initially developed in response to government, industry and healthcare requests to help reduce the spread of antibiotic-resistant infections, specifically those caused by bacteria and fungus surviving on surfaces and indoor environments. After over 10-years of advanced research and development, Kastus wasformally founded in 2014 by John Browne, leading the company to where it is today.Kastus today is an Award-Winning surface innovation company with global headquarters and manufacturing based in Ireland. Our patented range of Antiviral and Antibacterial surface coatings are designed to enhance surfaces across our range of products and integrated solutions. Our ISO validated coating technology has been proven to kill >99% of harmful bacteria, common viruses, fungi and antibiotic-resistant superbugs, which makes it particularly useful for products including glass and ceramics. This year, an independent ISO test report found Kastus is also proven to kill >99% of human coronavirus.In 2020, Kastus have actively helped businesses to reopen safely from lockdown with the launch of our New Antiviral and Antimicrobial screen protectors. A unique, easy to install product, designed to help businesses better protect their touchscreens. Following the launch of our screen protectors we have recently been awarded EU Funding for developing an innovative business solution to help fight Covid-19. | $6.7M | Series A | Jun 21, 2021 |  |

2 of 2 investments shown.

## Co-investors
- [Atlantic Bridge](https://shizune.co/investors/profile/atlantic-bridge) — VC Fund, 1 deal together
- [Carragh Holdings](https://shizune.co/investors/profile/carragh-holdings) — VC Fund, 1 deal together
- [Enterprise Ireland](https://shizune.co/investors/profile/enterprise-ireland) — VC Fund, 1 deal together
- [The Artemis Fund](https://shizune.co/investors/profile/the-artemis-fund) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Alpha Ascent Ventures invest in?

Alpha Ascent Ventures invests primarily in PaaS, FinTech and Biotechnology startups, most often at Seed and Series A stage. Most of the 2 investments tracked by Shizune back companies in Ireland. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Alpha Ascent Ventures last invest?

The most recent investment recorded for Alpha Ascent Ventures closed in Jul 2022. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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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