# Panache Ventures

> Panache Ventures is a VC fund backing Software and Artificial Intelligence. See 155 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Montréal, Canada
- Total investments: 155
- Last investment: May 2026
- Lead investor: 14%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/panache-ventures/
- X (Twitter): https://twitter.com/panachevc
- Website: https://www.panache.vc/
- Facebook: https://www.facebook.com/panache.vc/

Panache Ventures is a venture capital firm specializing in pre-seed and seed-stage startup investments. It seeks to invest in sectors that play to Canada’s strengths: artificial intelligence (AI), fintech, digital health, enterprise software, and blockchain.

## Contacts

5 contacts available for Panache Ventures. Shizune tracks 9 team members at Panache Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/panache-ventures?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1M–$6M |
| Pre-Seed | $717k–$2.5M |
| Series A | $6.3M–$20M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 38 | 25% |
| Artificial Intelligence | 21 | 14% |
| Information Technology | 20 | 13% |
| SaaS | 13 | 8% |
| FinTech | 12 | 8% |

150 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 76 | 49% |
| Pre-Seed | 30 | 19% |
| Series A | 18 | 12% |
| Funding Round | 5 | 3% |
| Series B | 2 | 1% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 80 | 52% |
| United States | 16 | 10% |
| Israel | 1 | 1% |
| Singapore | 1 | 1% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Mike Cegelski | Founder & Managing Partner | 4 | https://shizune.co/investors/profile/mike-cegelski |
| Patrick Lor | Managing Partner | 18 | https://shizune.co/investors/profile/patrick-lor |
| Chris Neumann | Partner | 4 | https://shizune.co/investors/profile/chris-neumann |
| Francois Arbour | LP / Venture Partner | 7 | https://shizune.co/investors/profile/francois-arbour |
| Geneviève Tanguay | Partner | 2 | https://shizune.co/investors/profile/genevi%C3%A8ve-tanguay-53ea |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Nord Quantique | Nord Quantique creates quantum processors based on second-generation technology. | $30M | Venture - Series Unknown | May 18, 2026 |  |
| Ranger AI | Ranger AI helps manufacturers decrease response time to win new business, increase bid throughput. | $8.4M | Seed | May 14, 2026 |  |
| InstaSwitch | InstaSwitch is account activation infrastructure for business banking. | $4.7M | Seed | May 05, 2026 |  |
| Featherless.ai | Featherless.ai is a serverless AI hosting provider with GPU orchestration system. | $20M | Series A | Apr 30, 2026 |  |
| Biossil | Biossil is an applied AI drug discovery platform to create specialized treatments for distinct patients. | $70M | Venture - Series Unknown | Apr 23, 2026 |  |
| Soma Energy | Soma Energy helps data centers run more effectively and generators trade more intelligently by optimizing the production, storage, and consumption of electricity. |  | Pre-Seed | Apr 02, 2026 |  |
| Canada Rocket Company | Canada Rocket Company is an aerospace company engaged in the development of defence and space infrastructure that enables sovereign launch capabilities. | $4.5M | Seed | Jan 16, 2026 |  |
| Cybrid | Cybrid uses APIs that enable banks, and financial institutions to seamlessly launch a cryptocurrency and De-fi products. | $10M | Series A | Oct 22, 2025 |  |
| Gia | Gia is an AI-powered growth platform designed especially for owners of agencies and consulting firms in professional services. | $1.1M | Pre-Seed | Sep 22, 2025 |  |
| Parable | Parable is the AI intelligence layer for enterprise operations. | $16.6M | Seed | Sep 02, 2025 |  |

10 of 155 investments shown.

## Co-investors
- [Real Ventures](https://shizune.co/investors/profile/real-ventures) — VC Fund, 13 deals together
- [Golden Ventures](https://shizune.co/investors/profile/golden-venture-partners) — VC Fund, 12 deals together
- [N49P](https://shizune.co/investors/profile/n49p) — VC Fund, 12 deals together
- [Garage Capital](https://shizune.co/investors/profile/garage-capital) — VC Fund, 11 deals together
- [Luge Capital](https://shizune.co/investors/profile/luge-capital) — VC Fund, 10 deals together
- [Inovia Capital](https://shizune.co/investors/profile/inovia-capital) — VC Fund, 8 deals together

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## FAQ

### What does Panache Ventures invest in?

Panache Ventures invests primarily in Software, Artificial Intelligence and Information Technology startups, most often at Seed and Pre-Seed stage. Most of the 155 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Panache Ventures's check size?

Panache Ventures typically joins rounds of $1M–$6M at Seed, $717k–$2.5M at Pre-Seed and $6.3M–$20M 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 Panache Ventures participates in.

### How do I contact Panache Ventures?

Public channels for Panache Ventures include LinkedIn, X (Twitter) 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 Panache Ventures?

The team at Panache Ventures includes Mike Cegelski (Founder & Managing Partner), Patrick Lor (Managing Partner) and Chris Neumann (Partner), among 9 team members tracked by Shizune. 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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