Montreal-based venture capital firm Inovia Capital has secured an initial $200 million for its sixth venture fund, Inovia Venture Fund 6.
The fund will target next-generation technology companies developing AI-native solutions and emerging frontier technologies.
Major Canadian Investors Participate in Fundraising
The fund’s limited partners (LPs) include La Caisse de dépôt et placement du Québec, BDC, Investissement Québec, Teralys Capital, Fonds de solidarité FTQ, Fondaction and CIBC.
Fund to Back AI-Native and Frontier Technology Companies
Inovia Venture Fund 6 plans to invest in companies advancing artificial intelligence-native technologies and other emerging frontier technologies.
Inovia Capital Operates Across Multiple Investment Stages
Inovia Capital invests in technology companies across three stages through its Discovery, Venture and Growth strategies.
The firm adopts an operator-led approach, offering founders support at different stages of development, mentorship and access to a global network.
Firm Manages More Than $2.5 Billion in Assets
Inovia Capital manages more than US$2.5 billion and operates across Montreal, Toronto, Waterloo, Calgary, the San Francisco Bay Area, London and Abu Dhabi.