In 1996 was created Fondaction, which is appeared as VC. The leading representative office of defined VC is situated in the Clarke City. The venture was found in North America in Canada.
Besides, a startup requires to be at the age of 6-10 years to receive the investment from the fund. The fund has no exact preference in some founders of portfolio startups. In case when startup counts 3 or 5+ of the founder, the chance for it to get the investment is meager. Among the most successful fund investment fields, there are Software, Information Technology. For fund there is a match between the location of its establishment and the land of its numerous investments - Canada. Among the most popular portfolio startups of the fund, we may highlight Enerkem, Hortau, Nexio.
The top amount of exits for fund were in 2019. The fund is constantly included in less than 2 deals per year. The top activity for fund was in 2007. This Fondaction works on 16 percentage points less the average amount of lead investments comparing to the other organizations. The real fund results show that this VC is 7 percentage points more often commits exit comparing to other companies. The common things for fund are deals in the range of 10 - 50 millions dollars.
The usual cause for the fund is to invest in rounds with 4-5 partakers. Despite the Fondaction, startups are often financed by Braemar Energy Ventures, Waste Management, Cycle Capital. The meaningful sponsors for the fund in investment in the same round are Fonds de solidaritu00e9 FTQ, The Westly Group, Innovatech Quu00e9bec. In the next rounds fund is usually obtained by The Westly Group, Cycle Capital, Braemar Energy Ventures.
Funds with similar focus
Notable deals
| Company | Industry | Round Size | Date | Investors | Location |
Recharge Véhicule Électrique inc. | $4M | 07 Nov 2023 | Laval, Quebec, Canada | ||
Dispersa | $1M | 20 Apr 2023 | Laval, Quebec, Canada | ||
MY01 | $9M | 11 Apr 2023 | Montreal, Quebec, Canada | ||
Voilà! Technologies | $10M | 24 Oct 2022 | Quebec City, Quebec, Canada | ||
Moozoom | $3M | 17 Aug 2022 | Quebec, Quebec, Canada | ||
Carbicrete | $6M | 20 Apr 2022 | Montreal, Quebec, Canada | ||
Talent.com | $120M | 16 Mar 2022 | - | ||
HOLOS | 25 Feb 2022 | Quebec City, Quebec, Canada | |||
Lithion Recycling | $99M | 24 Jan 2022 | Quebec City, Quebec, Canada |
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| Company | Industry | Round Size | Date | Investors | Location |
Recharge Véhicule Électrique inc. | $4M | 07 Nov 2023 | Laval, Quebec, Canada | ||
Dispersa | $1M | 20 Apr 2023 | Laval, Quebec, Canada | ||
MY01 | $9M | 11 Apr 2023 | Montreal, Quebec, Canada | ||
Voilà! Technologies | $10M | 24 Oct 2022 | Quebec City, Quebec, Canada | ||
Moozoom | $3M | 17 Aug 2022 | Quebec, Quebec, Canada | ||
Carbicrete | $6M | 20 Apr 2022 | Montreal, Quebec, Canada | ||
Talent.com | $120M | 16 Mar 2022 | - | ||
HOLOS | 25 Feb 2022 | Quebec City, Quebec, Canada | |||
Lithion Recycling | $99M | 24 Jan 2022 | Quebec City, Quebec, Canada |
