---
title: "Veeda’s $90M+ Seed: Sanja Fidler’s World Models for Physical AI"
description: "Ex-Nvidia Spatial Intelligence Lab lead Sanja Fidler’s Veeda AI raised more than $90M seed backed by Khosla Ventures and Radical Ventures — multimodal foundation world models to train embodied agents in simulation. Among Canada’s largest seeds. No product customers disclosed."
date: 2026-08-19T00:00:00.000Z
tags: ["2026-vc-news", "startup-funding", "venture-capital", "artificial-intelligence", "robotics"]
source: https://venturecapitaltracker.com/2026-veeda-90m-seed-khosla-radical-world-models
---

# Veeda’s $90M+ Seed: Sanja Fidler’s World Models for Physical AI

> Ex-Nvidia Spatial Intelligence Lab lead Sanja Fidler’s Veeda AI raised more than $90M seed backed by Khosla Ventures and Radical Ventures — multimodal foundation world models to train embodied agents in simulation. Among Canada’s largest seeds. No product customers disclosed.

**Veeda AI** raised **more than $90 million** in seed financing reported **August 19, 2026**, backed by [Khosla Ventures](/fund/khosla-ventures) and Radical Ventures. The Logic’s exclusive — people familiar plus filings — is the source spine; Khosla confirmed. Radical has **no** `/fund/` page here.

**Unexpected truth:** three months after incorporation, a Toronto world-model lab from Nvidia’s Spatial Intelligence alumni prints one of **Canada’s largest seeds** — before naming a single customer.

This page is for scouts comparing world-model labs (AMI, World Labs, Waabi) on capital and thesis, not ARR. Last verified **August 31, 2026**.

## Five-minute decision

| If you need… | Verdict |
| --- | --- |
| What happened | **Funded (reported).** >$90M seed. Khosla + Radical. **No valuation.** |
| What Veeda is | Multimodal foundation world models for embodied-agent training. |
| Whether it is shipping | **Hiring / compute buildout.** No named product customers. |
| Whether to diligence | **Yes**, if you underwrite simulation-first Physical AI. **No**, if you need logos. |

**Investigate further when:** Fidler’s Nvidia SIL pedigree is your diligence shortcut.

**Wait or pass when:** you need revenue proof or a disclosed post-money.

## What happened

| Field | Detail |
| --- | --- |
| Company | Veeda Innovation d/b/a Veeda AI (Toronto HQ; offices MV / Singapore / Zurich) |
| Founders | Sanja Fidler (CEO), Huan Ling (chief scientist), Zan Gojcic (CTO) — ex-Nvidia |
| Round | **>$90M seed** · reported Aug 19, 2026 |
| Paper trail | Late July: **60.6M** seed shares @ **$1**; Strohband + Poutanen join board |
| Leads | Khosla Ventures, Radical Ventures |

Incorporated early June 2026 per The Logic’s filing review. Fidler spent eight years at Nvidia building Toronto research into the Spatial Intelligence Lab; she remains a University of Toronto CS faculty member and Vector Institute founding member.

## Who uses it — and why this fund fit

**Users today:** none named. Target buyers are teams training **embodied agents / humanoids / AV stacks** that cannot parallelize unsafe real-world trial-and-error. Veeda’s own framing: high-fidelity simulated environments — “the Matrix” for physical AI.

**Why Khosla + Radical write this check:**

- Same syndicate co-led **Discovery Loop** (Jeff Dean) earlier in August 2026 — pattern: research-heavy AI founding teams.
- Direct category overlap: Radical → World Labs, Decart; Khosla/Radical → Waabi ($750M January 2026). Veeda is another ticket on **world models**, not a random SaaS seed.
- Capital job is **people + GPU clusters**, not classic go-to-market. A $90M+ seed matches that burn profile.

Likely reason Fidler raises from them: they already understand the category’s capital intensity and will not force premature enterprise packaging.

## Why now

World-model financings set the bar in 2026: AMI Labs ~$1.03B (March), World Labs large rounds, Waabi’s $750M. Against that cohort, Veeda’s $90M+ is modest absolutely but enormous for a Canadian seed — and arrives weeks after Fidler left Nvidia with a public “world models is where the next breakthrough lies” line.

## What is not proven

- No valuation, ARR, or named design partners.
- Share count × $1 is a **paper trail**, not a full cap-table reconstruction.
- Simulation fidelity claims are thesis until third-party benchmarks appear.

## Competitive map

| Lab | Focus | Veeda contrast |
| --- | --- | --- |
| World Labs (Fei-Fei Li) | Spatial intelligence | Radical sits on both — compare, don’t conflate |
| Waabi (Urtasun) | AV world models | Same Toronto / Vector network; different product surface |
| AMI Labs (LeCun) | Foundation world models at mega-scale | Veeda is smaller capital, Physical-AI training angle |

## Implication

The unresolved issue is whether Veeda becomes the **training substrate** others build on — or another research lab that burns seed compute before a durable API. Watch hiring velocity and first named simulation customers before treating the $90M as proof of product-market fit.

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** August 31, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.