Veeda AI Emerges From Nvidia's Toronto Lab With $124M CAD to Build World Models for Physical AI

Veeda AI has officially launched with $90 million USD ($124 million CAD) in funding to build world models — the simulated-reality engines that could let robots navigate the physical world without crashing into your furniture. Founded by Sanja Fidler, the former head of Nvidia's Toronto AI lab, the startup also brings aboard Nvidia veterans Zan Gojcic as CTO and Huan Ling as chief scientist. Backed by Toronto's Radical Ventures and Silicon Valley's **Khosla...