Tag: fondaction
Active Impact Investments launches third climate tech seed fund with $70 million in initial commitments
LPs include Northleaf, Fondaction, Co-operators, Deloitte Ventures, University of Victoria. Vancouver-based Active Impact Investments has secured over $70 million CAD in initial commitments for…
Recharge Véhicule Électrique raises over $7 million to expand at-home EV charging
RVE’s president says the funding will help free up 4,000 megawatts of power from the grid. Québec-based Recharge Véhicule Électrique (RVE) has received over…
Brightspark seeks to recreate its “home run” exits of Think Dynamics, Radian6 as it launches $120-million fund
Brightspark Ventures has made an initial close of $60 million towards its target. Brightspark Ventures thinks now is the right time to be investing…
AI beauty lab Omy raises $11 million CAD to expand personalized skin care product line in North America
Omy launched its AI virtual skin consultant in 2020. Montréal-based artificial intelligence (AI) beauty lab Omy has raised $11 million CAD to expand its…
Smart horticultural lighting provider Sollum closes $30 million CAD to expand library of ‘light recipes’
Sollum previously received federal, provincial grants to support the production of greenhouse tomatoes, strawberries. Montréal-based Sollum Technologies, which provides smart lighting solutions to greenhouse…
Nolk raises $30 million, acquires home goods brands Ergonofis, Opposite Wall
Nolk intends to use the capital for more acquisitions. Montréal startup Nolk, which offers a data and analytics platform for e-commerce brands, has raised…
Idealist Capital secures $250 million initial close for new climate impact fund
The fund is led by Québec business leaders with ties to Power Corp and Bombardier. New climate impact fund Idealist Capital has secured a…
Moozoom raises $5 million to improve youth mental health with socio-emotional learning videos
Amplify Capital, Telus Pollinator-backed Moozoom eyes US expansion. The state of children’s mental health was a major public health issue prior to COVID-19, and…
Inovia raises $420 million CAD for fifth early-stage venture fund
Inovia’s Shawn Abbott says it’s a great time to be a well-capitalized VC. Inovia Capital has secured $420 million CAD ($325 million USD) for…
CarbiCrete tops up Series A funding to $23.5 million
Originally developed at McGill University, CarbiCrete’s tech produces cement-free, carbon-free concrete. Montréal-based cleantech company CarbiCrete has secured an additional $6 million USD as part…