US EditionCORRECTION: Active Impact Investments closes its third fund, adding $110 million in dry powder for climate tech
- Vancouver-Based Active Impact Investments completed a $110-million CAD final close in late 2023 for Fund III, its latest early-stage fund focused on climate technology.
- The firm raised $110 million CAD, nearly doubling its previous fund amid a challenging fundraising environment in November 2023.
- New institutional investors joining the fund include Boann, the Co-operators’ corporate venture arm, Deloitte Ventures, and InBC, contributing to increased investments primarily focused on Canadian climate technology startups.
- Founder Mike Winterfield noted that while fundraising is a fundamental responsibility for venture capitalists, it has the smallest impact on their overall performance.
- With over $180 million under management, Active Impact focuses on building portfolios driven by Canadian talent and supportive policies like IRAP and SR&ED, which Winterfield credits for Canada’s emerging climate tech leadership.
12 Articles
12 Articles
ParrySound.com
CORRECTION: Active Impact Investments closes its third fund, adding $110 million in dry powder for climate tech
VANCOUVER, BC, May 07, 2025 (GLOBE NEWSWIRE) -- Active Impact Investments, Canada’s largest climate tech seed fund, has closed its third fund at $110 million CAD, bringing total assets under management to over $180 million. With nearly twice the size…
WellandTribune.ca
Active Impact Investments closes its third fund, adding $110 million in dry powder for climate tech
VANCOUVER, BC, May 07, 2025 (GLOBE NEWSWIRE) -- Active Impact Investments, Canada’s largest climate tech seed fund, has closed its third fund at $110 million CAD, bringing total assets under management to over $180 million. With nearly twice the size…
Active Impact Investments holds $110-million final close for third climate tech seed fund
Vancouver-based Active Impact Investments has held a $110-million CAD final close for its third early-stage climate technology fund. The fund is co-anchored by new investor Northleaf Capital Partners and returning major investor Fondaction. Fund III is nearly double the size of Active Impact’s second fund, and brings in fresh institutional backers such as Boann, Co-operators Corporate Venture Capital Fund, Deloitte Ventures, and InBC. “We see…
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