Veeda, a Toronto-based startup developing world models, has raised more than $90 million in seed funding, according to a source-based report from Murad Hemmadi at The Logic summarized by Techmeme. The report says Veeda is led by Sanja Fidler, described as a former Nvidia VP of AI Research. The startup is backed by Khosla and Radical, according to the same report. The Logic reports that Veeda is building control systems for physical AI. The provided material does not detail the company’s product timeline, customers, valuation, or the specific investors’ participation in the seed round beyond naming Khosla and Radical. The size of the reported round is the material signal. But because the details are reported from sources and not confirmed in a company announcement in the provided items, the figures and backers should be treated as reported rather than formally announced. Who benefits: Veeda benefits if the reported financing gives it a longer runway to hire and develop physical AI control systems. Khosla and Radical would gain early exposure if the company’s world-model approach proves viable. Who's exposed: It is too early to tell who is exposed. The report does not specify Veeda’s target market, product maturity, or competitive set.