Cycle Capital, Canada’s largest clean technology venture capital investment platform, announced a new 109 millions dollars Fund for cleantech companies.
Cycle Capital Fund IV will focus on growth and commercialization stages for innovative cleantech companies across North America in key technology sectors: storage and efficiency, green chemistry, clean transportation, smart city technologies, Internet of Things, Big Data, artificial intelligence and agtech. The Government of Québec is contributing 50 millions dollars. The other investors are Teralys Capital, Fonds de solidarité FTQ, Fondaction, Suez, Hydro-Québec, Innergex Renewable Energy, McConnell Foundation, Rio Tinto, Vancity credit union, Trottier Family Foundation, several individuals and Cycle Capital managers.
- Cycle Capital