News

Ecofuel unveils its 9th cohort

Montreal, March 25th, 2019 – Ecofuel, a venture capital fund and specialized and personalized accelerator in the cleantech sector, announces the five companies of the Ecofuel Accelerator spring 2019 Cohort. Selected amongst many applicants, they’re the participants of the ninth cohort of the Ecofuel Accelerator, which will continue until June 2019. Over the next three months, the entrepreneurs and executive teams from Bosk Bioproducts, ADCT, Impactful Health R&D, OPA Technologies and SG2B will experience an acceleration program tailored to their needs, which was already a success factor for many companies in the past five years. They will receive mentorship and advice from about forty...

The Billion Dollar Fund For Women™/Canada launches to tackle the gender funding gap

Six  Canadian Venture Funds have already pledged as part of the global campaign to mobilize $1B February 20th, 2019 (Toronto and Montreal) – The Billion Dollar Fund For Women launches its Canadian campaign to mobilize a consortium of Canadian venture funds to pledge to increase their investment in women-founded companies. While the gender pay gap is well documented in Canada, what is not is the gender funding gap of venture capital in companies. To address this, The Billion Dollar Fund for Women (“TBDF”) was established to tackle the gender funding gap. A founding group of Canadian venture capital funds are proud...

Ecofuel Fund successfully completes second closing expanding to $40.6M

Montreal, January 25th, 2019 – Ecofuel Fund - one of Canada’s largest seed stage cleantech venture capital funds - is pleased to announce its second closing for total investor commitments of $40.6 million. The Fund collected additional $10.6M in equity to support cleantech seed stage companies from Quebec and Eastern Canada. As part of this closing, the Fund welcomes Desjardins Capital and a number of high net worth investors and receives increased commitment from Investissement Québec, acting as mandatory of the Government of Québec. The other initial investors in the Fund are BDC Capital, the investment arm of the Business...

Ecofuel unveils its 8th cohort

Montreal, October 23rd, 2018 – Ecofuel, a venture capital fund and specialized and personalized accelerator in the cleantech sector, announces the six companies of the Ecofuel Accelerator Fall 2018 Cohort. Selected amongst 33 applicants, they’re the participants of the eight cohort of the Ecofuel Accelerator. Entrepreneurs from Tero, Lekla, Nexus Robotics, SPI Bio, BluWave-aiand Concept GEEBEE will experience in the last three months an acceleration program tailored to their needs, which was already a success factor for many companies in the past four years. They will receive mentorship and advice from about forty mentors who are references in cleantech, business, global...

Ecofuel Accelerator announces its 6th cohort

Montreal, December 17, 2017 – Ecofuel, a venture capital fund and specialized and personalized accelerator in the cleantech sector, announces the two companies of the Ecofuel Accelerator Autumn 2017 Cohort. Selected amongst 30 applicants, they’re the participants of the sixth cohort of the Ecofuel Accelerator, which will continue until December 2017. Entrepreneurs from Biotechnologies Ulysse and Helios UAV have experienced in the last four months an acceleration program tailored to their needs, which was already a success factor for many companies in the past three years. They have receive mentorship and advice from about forty mentors who are a reference in...

Ecofuel Fund: $30M to support cleantech companies

Montreal, December 17, 2017 – Ecofuel, a venture capital fund and specialized and personalized accelerator in the cleantech sector, announced today the first closing of the Ecofuel Fund, in the presence of the Quebec’s Minister of Energy and Natural Resources and Minister responsible for the Northern Plan and the Fund’s limited partners: Investissement Québec, acting as mandatory of the Government of Québec, BDC Capital, the investment arm of the Business Development Bank of Canada (BDC), Fondaction, the Fonds de solidarité FTQ and the Centre Québécois de valorisation des biotechnologies (CQVB). The Ecofuel Fund, a $30M venture capital fund, will invest...

Les Affaires – Demo Day d’Ecofuel:4 start-ups vertes à surveiller

"L’accélérateur Ecofuel, une sorte de FounderFuel pour les start-ups du secteur des technologies vertes, a tenu son premier Demo Day mardi soir. L’événement, qui s’est déroulé à l’Écomusée du fier monde, à Montréal, a permis aux quatre start-ups de la première cohorte de l’accélérateur de se présenter devant un public d’investisseurs." —Julien Brault, Les Affaires...

Journal Métro – 4 start-ups vertes à surveiller

"La première cohorte de l’accélérateur d’entreprises vertes Ecofuel passait à la prochaine étape mardi, à Montréal. Ce sont donc quatre jeunes entreprises sur une trentaine de postulants qui ont présenté leur plan d’affaires devant quelque 120 investisseurs potentiels, après trois mois intenses d’ateliers et de coaching. Coup d’oeil sur les projets proposés." — Jeff Yates, Journal Métro...

La Presse – Ecofuel – En route pour des piles à combustible abordables

"La pile à combustible fait rêver depuis longtemps, notamment dans le domaine automobile. Son coût de fabrication élevé en ralentit encore l’adoption par le grand public, mais une jeune entreprise de Varennes pourrait détenir une partie de la solution. Canetique a été fondée en 2010, à partir d’une technologie développée dans les laboratoires de l’Institut national de recherche scientifique (INRS), à Varennes." — Jean-François Codère, La Presse...