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Key people at Ecofuel Fund.
Ecofuel Fund operates as a dedicated venture capital fund, channeling resources into early-stage cleantech companies. It specializes in supporting startups that are developing and commercializing environmentally beneficial intellectual property, aiming to foster advancements in sustainable technologies. The fund focuses on providing strategic capital to accelerate the growth of these innovative businesses within the clean technology sector.
The fund's origins trace back to the vision of Andrée-Lise Méthot, who founded Cycle Capital, a key player in its establishment. Born from an insight into the nascent cleantech market's need for specialized investment, the initiative evolved from the Ecofuel Accelerator, launched in 2014. This groundwork culminated in the formal establishment of Ecofuel Fund as a venture capital entity in 2017, leveraging Cycle Capital's deep expertise in impact investing.
Ecofuel Fund's primary focus is on empowering the next generation of cleantech enterprises, serving as a financial partner to founders driving environmental innovation. Its long-term vision centers on cultivating a robust ecosystem for clean technologies, aspiring to contribute significantly to a sustainable global economy by backing companies with high potential for positive ecological impact. The fund remains committed to nurturing these ventures from their foundational stages.
Key people at Ecofuel Fund.
Ecofuel Fund has 5 tracked investments across 2 companies. The latest tracked deal is $27.0M Series B in POTLOC in June 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 1, 2022 | POTLOC | $27.0M Series B | GUY Leblanc | Caphorn, XAnge, BDC Capital, Brightspark Ventures, Desjardins Capital, Tony VAN Marken |
| Dec 1, 2020 | POTLOC | $16.0M Series A | Caphorn | XAnge, Brightspark Ventures, Desjardins Capital, Investissement Québec |
| Nov 14, 2019 | POTLOC | $9.8M Series A | Jacques Perreault, GUY Leblanc | CapHorn Invest, Desjardins Capital |
| Mar 14, 2019 | AEPONYX | $5.9M Series A | Purnesh Seegopaul | Fonds Innovexport |
| Dec 18, 2017 | AEPONYX | $3.4M Seed | Ecofuel Fund, Fonds Innovexport | — |