iNovia Capital announces iNovia III, $110m new venture capital fund
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
Great news for iNovia Capital, and for all the partners (Chris Arsenault, John Elton, and many more), iNovia Capital has just announced a new VC fund called iNovia III, from Teralys Capital, BDC, , AVAC Ltd., Alberta Enterprise, the B.C. Renaissance Capital Fund, and existing iNovia general partners. 2 of our portfolio companies will do over $100M in revenue this year, with several more on a revenue run rate of over $10M, plus a number of earlier stage investments that are growing at extraordinary rates. $37M funding in BeyondTheRack that reaffirmed our commitment to eCommerce (further building on ourinvestment in Well.ca) 1st Y Combinator alumnus company, Vidyard – aninvestment that also fits perfectly alongside AppDirect in our belief around the consumerization of enterprise applications. 7 co-investments with Greycroft Partners, 3 each with Rho Canada, Panorama Capital and Metamorphic Ventures and 2 with Accel Partners. 6 investments with seed funds Real Ventures and Extreme VP andhelping to launch Growlab with amazing partners and co-investors. This is a great time to be an entrepreneur in Montreal and in Canada. And to join the VCs as well: iNovia is hiring now an associate. If you haven’t applied yet, do it now!













No comments yet.