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The Canada Pension Plan Investment Board (CPPIB) focuses on late-stage venture and growth equity investments globally, primarily through direct investments and commitments to established venture capital funds. Its strategy emphasizes long-term value creation in high-growth sectors, leveraging its patient capital and global network.
Deal activity increased 33% year-over-year (4 deals in the last 12 months). Their most common stage is growth (43% of deals). Average disclosed round size is $516.9M (across 46 rounds with reported amounts).
Portfolio
49
Fund Size
—
Top Stage
Growth
Last 12 Mo
4
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
49 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 9fin | Series C | $170M | Mar 2026 |
 Wealthsimple | Growth | $750M | Oct 2025 |
 OneDigital | Unknown | — | Sep 2025 |
 Coralogix | Series E | $115M | Jun 2025 |
| CChestnut Carbon | Series D | $160M | Feb 2025 |
 Eruditus | Series F | $150M | Oct 2024 |
 Cohere | Series D | $500M | Jul 2024 |
 Fervo Energy | Series C | $221M | Feb 2024 |
 VoltaGrid LLC | Growth | $210M | Jul 2023 |
 Redaptive | Growth | $200M | Dec 2022 |
 Form Energy | Series E | $450M | Oct 2022 |
| VoltaGrid LLC | Growth | $150M | Oct 2022 |
 Ziply Fiber | Growth | $450M | Sep 2022 |
 Meati Foods | Series C | $150M | Jul 2022 |
 Klarna | Growth | $800M | Jul 2022 |
 Project Canary | Series B | $111M | Feb 2022 |
| CCanalyst | Series C | $70M | Jan 2022 |
 Eikon Therapeutics | Series B | $517.8M | Jan 2022 |
 Fabric | Series C | $200M | Oct 2021 |
 Clarifai | Series C | $60M | Oct 2021 |
 Databricks | Series H | $1.6B | Aug 2021 |
| Eruditus | Growth | $650M | Aug 2021 |
 Redwood Materials | Series C | $700M | Jul 2021 |
 Covariant | Series C | $80M | Jul 2021 |
 Flipkart | Growth | $3.6B | Jul 2021 |
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Top Co-Investors
Temasek Holdings6 shared
Dragoneer Investment Group5 shared
GIC5 shared
Accel4 shared
Fidelity Investments4 shared
SoftBank Vision Fund4 shared
Andreessen Horowitz4 shared
Silver Lake4 shared
T. Rowe Price4 shared
Coatue Management4 shared
Tiger Global Management4 shared
Franklin Templeton4 shared
NewView Capital3 shared
Index Ventures3 shared
Insight Partners3 shared
Breakthrough Energy Ventures3 shared
T. Rowe Price Associates, Inc.3 shared
Baillie Gifford3 shared
Salesforce2 shared
NEA (New Enterprise Associates)2 shared
Last updated: 15 April 2026