Transformative AI companies need access to capital at critical stages of growth to commercialize innovation, compete globally and create lasting economic value.
BMO is supporting that journey through a strategic investment in the Radical Breakouts Fund, a new venture capital strategy from Radical Ventures focused on helping high-growth AI companies scale into global leaders. The fund represents the largest venture capital fundraise in Canadian history and has secured more than US$1 billion in commitments from leading institutional investors.
“Canada has the talent and the resources to be an innovation leader across the board: from discovery to commercialization and adoption – helping to build the next era of world-class companies and the technologies that power them. As Canada's first bank, we've been investing in innovation for centuries and are proud to support this next generation."
Darryl White, Chief Executive Officer, BMO Financial Group
The investment reflects BMO’s commitment to strengthening Canada’s innovation ecosystem and supporting the commercialization of technologies that create long-term value for businesses, communities and the broader economy.
As BMO advances its AI strategy to enhance client experiences, augment employee expertise and automate routine processes, its Responsible AI Principles guide how the bank builds, operates and uses AI. Strong governance, risk management and oversight provide a foundation for scaling innovation with empathy, integrity and trust.
BMO earns top global ranking for Responsible AI Leadership
Artificial intelligence is transforming how organizations innovate, serve clients and create value. As AI adoption accelerates, trust, transparency and accountability remain essential to scaling its impact responsibly. BMO earned top recognition for Responsible AI Leadership in the 2026 Evident AI Index, receiving the highest available scores for Responsible AI principles, executive engagement and the integration […]
BMO leaders explore AI’s next frontier at Nrth Festival 2026
At the recent Nrth Festival 2026 (formerly Elevate Festival), Lovell Hodge, Head of AI, BMO Wealth, and Rohit Thomas, President, BMO Insurance, offered a clear view of AI’s next frontier: intelligence embedded in everyday work, improving decisions and creating value where it matters most. For Thomas, that future is already taking shape. His ambition is […]
Return on Intelligence: Leading through transformation: Why AI success starts with systems, culture, and trust
Presented by the BMO Institute for Applied Artificial Intelligence & Quantum In this episode of Return on Intelligence on Markets Plus, Kristin Milchanowski sits down with Lt General Ross Coffman (Ret.) Army Futures Command to explore why so many organizations struggle to scale AI and technology investments. While companies continue to prioritize new tools and capabilities, the conversation underscores a fundamental […]
