There is a cool new fund called DevCap based in Montreal founded by Max McCrea and Jordan Steiner. Developer Capital is a pre-seed and seed-stage investment corporation. They strive to provide what other investors promise: real support for our investments in the form of actionable technical and operational support via its partnership with Monadical.

Jordan and Max are not building your typical VC firm which is structured as an evergreen investment corp. They bring solid technical expertise for their founders.

We spoke about:

• Building a strong culture as a new VC fund
• How they built a relationship of trust and decided to start a fund together
• Culture principles they put into practice
• Deep dive on the excitement around AI and their investment thesis