On October 15, 2025, Spring Impact Capital announced the successful close of its $14-million venture capital fund with investment from Spring Activator, Social Finance Fund-backed Boann as well as Realize Capital Partners, the United Church of Canada Foundation, First West Credit Union, Rally Assets, the University of Victoria and the Peter Gilgan Foundation, along with undisclosed individuals and family offices. The firm plans to back as many as 25 cleantech and healthtech startups at the pre-seed and seed stages, intending to issue cheques between $250,000 and $400,000 with the ability to lead rounds and room for follow-on investments.
Spring Impact Capital, based in Vancouver, B.C., was launched in 2023 by leaders from Vancouver impact investing incubator and accelerator Spring Activator to back more early-stage Canadian startups developing scalable climate and health technology solutions.
Osler, Hoskin & Harcourt LLP advised Spring Impact Capital with a team consisting of Laura Webb (Emerging and High Growth Companies).
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