News

‘The carbon tax is good for business’: Montreal’s Cycle Capital closes new $145-million cleantech fund

Cycle Capital managing partner Andrée-Lise Méthot says her firm’s new cleantech fund will target companies with “very deep intellectual property” that can reach international markets. Cycle Capital
article-aa

MONTREAL — Cycle Capital has closed a new $145-million cleantech fund, including a $10-million investment from Export Development Canada. 

The Montreal-based cleantech VC will use the fund, called Cycle Capital Fund IV, to invest mostly in North America, with a particular emphasis on Canadian companies. Cycle founder and managing partner Andrée-Lise Méthot told The Logic it would particularly target firms with “very deep intellectual property” that can reach international markets. “You want to have a financial impact, but we want to have impact in general, including CO2 reduction,” Méthot said.

Purchase a subscription to read the full article.

By entering your e-mail you consent to receiving commercial electronic messages from The Logic Inc. containing news, updates, offers or promotions about The Logic Inc.’s products and services. You can withdraw your consent at anytime. Please refer to our privacy policy or contact us for more details.

Already a subscriber?