Alset AI Ventures Inc.
Category: Venture Capital
A venture capital firm providing strategic investment and support for early-stage AI, decentralized technology, and cloud computing companies. Alset AI Ventures Inc. was founded in 1999. The company is led by Adam Ingrao. Based in Vancouver, Canada. Team size: Not specified. Total funding raised: Not applicable; the company is publicly traded and raises capital through the stock market.. Latest round: Publicly traded on TSXV, OTC, and FSE markets.. Key investors include Public market shareholders.
- Founded
- 1999
- Headquarters
- Vancouver, Canada
- Team size
- Not specified
- Total funding
- Not applicable; the company is publicly traded and raises capital through the stock market.
Value proposition
Provides capital, hands-on strategic guidance, access to public company exposure, and a network of advisors and investors to help startups scale.
Products and solutions
Cedarcross International Technologies Inc. (49% ownership), Vertex AI Ventures Inc. (49% ownership)
Unique value
A publicly traded venture capital model that offers investors liquid access to the growth of early-stage AI and decentralized technology.
Target customer
Early-stage and established technology companies in AI, decentralized tech, and cloud computing.
Industries served
Artificial Intelligence, Cloud Computing, Decentralized Technology
Technology advantage
The company's public structure provides a unique advantage for both investors (liquidity) and portfolio companies (access to public markets). The leadership team has extensive experience in capital markets, brand building, and technology.
How they differentiate
Alset AI differentiates itself from traditional VC firms by being a publicly traded entity, offering liquidity to its investors. It focuses specifically on the intersection of AI, cloud computing, and decentralized technology, providing hands-on support beyond capital.
Main competitors
Gradient Ventures, Y Combinator, Antler
Key partnerships
NVIDIA Inception VC Alliance
Notable customers
Cedarcross International Technologies Inc., having secured cumulative revenues of approximately $29.7 million year-to-date.
Major milestones
Changed name from Alset Capital to Alset AI Ventures in August 2024. Accepted into the NVIDIA Inception VC Alliance. Appointed new experienced leadership, including CEO Adam Ingrao and President Julie McClure. Formed an AI Advisory Board with executives from former Google, Panasonic, and Huawei.
Growth metrics
Financials are public. The company reports a healthy current ratio of 7.49, but a negative net profit margin, reflecting its stage as an investment issuer focused on growth.
Market positioning
A specialized, publicly accessible investment vehicle for exposure to early-stage AI and decentralized technology ventures.
Geographic focus
Based in Canada, with a global investment scope.
Patents and IP
Not applicable, as it is an investment firm. Patents would be held by its portfolio companies.
About Adam Ingrao
Adam Ingrao has over 25 years of experience in driving growth and scaling businesses in the consumer, lifestyle, and technology sectors. He has a strong track record in both public and private equity-backed companies, with notable roles at Microcel Corporation, Dorel Industries, Reebok, and the NFL.
Official website: https://www.alsetai.com/