# Developer Capital

> Developer Capital is a VC fund in Toronto backing Artificial Intelligence and Software. See 6 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Toronto, Canada
- Total investments: 6
- Last investment: Jan 2026
- Lead investor: 17%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/developer-capital/
- Website: https://www.devcap.ai/

Developer Capital is an investment firm that offers funding to early stage AI startups.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Artificial Intelligence | 4 | 67% |
| Software | 2 | 33% |
| Mining | 1 | 17% |
| Internet | 1 | 17% |
| Marketing | 1 | 17% |

13 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 50% |
| Pre-Seed | 2 | 33% |
| Series A | 1 | 17% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Backboard.io | Backboard.io provides developers a single stateful interface to more than 400 LLMs and SLMs for app development. |  | Pre-Seed | Jan 07, 2026 |  |
| Rithmik Solutions | We increase uptime in mines with advanced analytics that optimize maintenance and extend equipment life. |  | Series A | Dec 01, 2025 |  |
| Glowtify | Glowtify is an AI-powered marketing tool developed to assist e-commerce enterprises in optimizing their marketing efforts and generating growth. | $2.4M | Seed | Nov 12, 2025 |  |
| Mycroft | Mycroft is the AI-native cybersecurity and compliance platform purpose-built for modern companies. Founded by experienced builders and security professionals with over 30 years of combined expertise, the company delivers security outcomes that go beyond checkbox compliance. The core product is Mycroft's AI Security and Compliance Officer, anautonomous AI agent designed to manage and operate your full security and IT stack – from securing your laptops to acing your next SOC 2 audit. This isn't just a tool; it's your virtual CISO, GRC expert, and IT ops team, all rolled into one. Focus on building your vision, while our AI Agent ensures your foundation is rock solid and fully compliant, 24/7. It's time to modernize your GRC and scale with confidence. | $3.5M | Seed | Sep 22, 2025 |  |
| Unified API | One API to integrate them all | $807.6K | Pre-Seed | Oct 07, 2024 |  |
| Rithmik Solutions | We increase uptime in mines with advanced analytics that optimize maintenance and extend equipment life. | $1.5M | Seed | Mar 21, 2024 |  |

6 of 6 investments shown.

## Co-investors
- [Sprout Fund LP](https://shizune.co/investors/profile/sprout-fund-lp) — VC Fund, 4 deals together
- [Chrysalix Venture Capital](https://shizune.co/investors/profile/chrysalix-energy) — VC Fund, 2 deals together
- [Ecofuel Fund](https://shizune.co/investors/profile/ecofuel-s-seed-investment-fund) — VC Fund, 2 deals together
- [Graphite Ventures](https://shizune.co/investors/profile/graphite-ventures) — VC Fund, 2 deals together
- [Accelia Capital](https://shizune.co/investors/profile/accelia-capital) — VC Fund, 1 deal together
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — 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 Developer Capital invest in?

Developer Capital invests primarily in Artificial Intelligence, Software and Mining startups, most often at Seed and Pre-Seed stage. Most of the 6 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Developer Capital last invest?

The most recent investment recorded for Developer Capital closed in Jan 2026. Shizune tracks 6 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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