Venture Fund Formation

iNovia Capital in its US$325 million early-stage fund

iNovia Capital
Key Contact
Chima Ubani

Partner, Emerging and High Growth Companies, Montréal

Team
Elisabeth Novak

Associate, Emerging and High Growth Companies, Montréal

 

On June 15, 2022, iNovia Capital announced that it raised US$325 million for its fifth early-stage fund. The fund was strongly supported by existing and new investors, and will back tech-focused companies financially in their aspirations and new endeavors. This is part of their plan to help build global, sustainable companies that will strengthen Canada’s technology market.

iNovia Capital is a Montreal-based venture capital firm which invests in founders to build enduring global technology companies.

Osler, Hoskin & Harcourt LLP advised iNovia with a team consisting of Chima Ubani and Elisabeth Novak (Emerging & High Growth Companies).

Value
US$325 million
Date Closed
June 15, 2022
Lead Office
Montréal
Key Contact
Chima Ubani

Partner, Emerging and High Growth Companies, Montréal

Team
Elisabeth Novak

Associate, Emerging and High Growth Companies, Montréal