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).