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McRock Capital

vc$84.5M

Fund Size

$84.5M

Location

Canada

Links

Investment Thesis

McRock Capital invests in the digital transformation of industrial sectors through software innovations powered by AI and IIoT, capitalizing on the convergence of data analytics with industrial and urban environments to drive efficiency and growth. With a track record of strong returns from prior funds, Fund III scales this approach amid a challenging market, prioritizing high-conviction investments in resilient industrial tech leaders.[1][2][3][5]

About McRock Capital

McRock Capital's Fund III, closed at over C$120 million (approximately $88 million USD), focuses exclusively on industrial software companies, particularly those leveraging artificial intelligence and the Industrial Internet of Things (IIoT) for digital transformation of industrial sectors.[1][2][3] The fund targets high-growth startups in Canada, the United States, Europe, and Israel, aiming to build a portfolio of about 10 companies.[1][2] Backed by major industrial corporations like Autodesk, Caterpillar, and Emerson/AspenTech, it accelerates the AI-powered industrial future.[1]

Sectors

industrial_softwareaiiiot

Stages

seed

Geography Focus

CanadaUnited_StatesEuropeIsrael

Notable Investments

Foundation EGIOneLayer

FAQ

What does McRock Capital invest in?

McRock Capital invests in industrial_software, ai and iiot at the seed stage.

Which geographies does McRock Capital focus on?

McRock Capital focuses on Canada, United_States, Europe and Israel, and is headquartered in Canada.