Round13 E-Fund, L.P.

Round13 in its investment in Alvéole’s Series A financing round

Client

Round13 E-Fund, L.P.

Value

$8.1 million

Service

Emerging and High Growth Companies

Date Closed

November 2022

Industry

Agribusiness

Lead Office

Toronto

 

On November 18, 2022, Alvéole announced it had closed its $8.1 million Series A financing round from Round13 Capital’s EarthTech Fund. This funding will be put towards Alvéole’s digital platform, which enables users to monitor their bees and assess their social and environmental impact.

Alvéole is a Montreal-based urban beekeeping start-up that provides bee-focused education and nature-driven amenities for schools and companies.

Osler, Hoskin & Harcourt LLP advised Round13 with a team consisting of David Jamieson and Yulia Yugay (Emerging and High Growth Companies).