On November 21, 2023, Active Impact announced that it has secured over $70 million for its third fund out of its goal of $120 million. The fund was co-anchored by Northleaf Capital Partners and Fondaction and had participation from Co-operators Corporate Venture Capital Fund, Deloitte and the University of Victoria. The fund plans to utilize the commitments for early-stage climate technology start-ups.
Active Impact is a climate tech seed fund operating in Vancouver.
Osler, Hoskin & Harcourt LLP advised Active Impact with a team consisting of Edward Vandenberg, Laura Webb and Sylvia Rowat (Emerging and High Growth Companies).