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).