MONTREAL, Feb. 19, 2019
Canada's Go-To VC Firm Aligns for Early- and Growth-Stage Investments, Opens London Office
MONTREAL, Feb. 19, 2019 /PRNewswire/ -- Today Inovia Capital, Canada's premier venture firm, announced that it has accelerated its leadership position by raising a fourth early-stage fund of US $200 million, as well as a new US $400 million growth-stage fund. The firm is further expanding activities in its core markets of Canada and Silicon Valley, and has opened a new office in London, providing entrepreneurs with a valuable bridge across the two continents.
Inovia backs founders with global aspirations, who leverage technology to improve people's lives. The firm invests in applied services and infrastructure platforms focused on transforming complex legacy industries, such as financial services, healthcare, commerce, transportation, travel and others.
With this announced expansion, Inovia is one of the few firms in the world that can offer full-stack venture support to entrepreneurs – from early-stage through growth and beyond – by providing them with multi-stage capital, resources and coaching and supporting their rapid scale.
Chris Arsenault, general partner and co-founder, Inovia Capital, said: "We are excited to help build the next generation of respected global companies with a deep ambition to create a lasting, positive impact on humankind."
Patrick Pichette, general partner, Inovia Capital, said: "Inovia Capital is laser-focused on supporting entrepreneurs. We invest in long-term relationships because we know from experience what it takes to build global champions."
About Inovia Capital
Inovia Capital is a venture firm that partners with audacious founders to build enduring global technology companies. We seek to transform venture capital by perfecting the craft of investing in people first. We roll up our sleeves to serve founders with dedicated, long-term mentorship, a global talent network and strategic support for global scale. Together, we rewrite the rules of old industries, push technology frontiers and pursue bold visions of a better future. Inovia Capital manages over US $1B across five funds including early and growth stages, and holds offices in Montreal, Toronto, Calgary, San Francisco and London. For more information, visit inovia.vc.
Peggy Tierney Galvin
Nadel Phelan, Inc.