Venture Fund Formation

iNovia Capital in the launch of its $416 million venture capital fund

iNovia Capital
Key Contact
Chima Ubani

Partner, Emerging and High Growth Companies, Montréal

Team
Alain Fournier

Partner, Tax, Montréal

 

On October 14, 2021, iNovia Capital announced it had launched a new $416 million venture capital fund to extend support to several high-profile companies with the potential to go public. The continuation fund is meant to act as a bridge between late-stage growth and the public markets, allowing iNovia the opportunity to work longer with startups.

iNovia Capital is a Montréal-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 (Emerging & High Growth Companies) and Alain Fournier (Tax).

Value
$416 million
Date Closed
October 14, 2021
Lead Office
Montreal
Key Contact
Chima Ubani

Partner, Emerging and High Growth Companies, Montréal

Team
Alain Fournier

Partner, Tax, Montréal