Investment Fund
Circular Economy Fund
Asset Class
Venture Capital
Venture capital fund that invests in and supports innovative companies in the circular economy sector in Québec. Established in 2021 in partnership with RECYC-Québec and the Ville de Montréal, it is the first venture capital fund of its kind in Canada, focused on nurturing SMEs that adopt business practices rooted in the circular economy. Additional partners include Fondaction, the Lucie and André Chagnon Foundation, and Concordia University Inter-Generational Fund.
Key points
Investment Sector
Circular Economy
Funds, Size and Period
Fund I: CAD 20M - 2021-2031
Geographic Presence
Québec, Canada
Investment Count
9
Fond d'investissement
PRIMAccès
Classe d'actif
Immobilier
Fonds dédié à améliorer l'accès au logement et à la propriété en investissant dans des projets de logements coopératifs au Québec, offrant des solutions abordables.
Développé en partenariat avec la Confédération québécoise des coopératives d'habitation et le Gouvernement du Québec, il vise à soutenir des initiatives qui favorisent l’accessibilité au logement pour tous.
Points clés
Secteur d’investissement
Logement abordable et social
Nombre de fonds et taille
90 CAD M$
2023-2027
Présence géographique
Québec (Canada)
Nombre d'investissements
1
Investment approach
Betting on Circular Economy
Innovative solutions are needed to optimize resource use, reduce or recover residual materials, and decrease GHG emissions in sectors such as agri-food, recycling, and eco-construction.
Supporting companies that launch innovative initiatives in these fields, the Circular Economy Fund accelerates ecological transition and environmental protection.
Visit the fund's website
SDGs Pursued by the Fund
Each fund is based on a theory of change that functions as a conceptual framework for how investments are made towards social and environnemental goals, linked to the SDGs.
Accelerating change
Corporate Impact Indicators
16,939
tonnes of valorized residual materials
10,183
tonnes of virgin substituted materials
11,110
tonnes eq. CO2 of GHGs avoided
Accélérer le changement
Impact projects
Projects Supported by the Circular Economy Fund
AssistIQ
- Provider of a solution that displays the cost of medical supplies in real time directly at the point of use, during the procedure.
- AssistIQ reduces surgical equipment waste and thereby the carbon footprint, without impacting the quality of patient care or requiring additional work.
LOOP
- Producer of juices and other food products from fruit and vegetable waste from major retailers.
- LOOP fights against food waste and offers consumers upcycled, nutritious, healthy, high quality and safe products.
CarbiCrete
- Producer of cement-free concrete with no carbon emissions.
- Injection of CO₂ into fresh concrete which permanently captures the gas.
Our funds
Discover our Funds
SOFIAC
A turnkey solution in energy efficiency enabling companies to increase their profitabilityand competitiveness by reducing energy costs and GHG emissions.
Inlandsis
A carbon finance fund that supports greenhouse gas reduction projects in NorthAmerica.
Circular Economy Fund
A venture capital fund that invests in and supports innovative companies in the circulareconomy sector in Québec.
LCC
A growth capital fund that supports Québec companies offering innovative climatesolutions to reduce GHG emissions.
PRIMAccès
A fund dedicated to improving access to housing and homeownership by investing incooperative housing projects in Québec that provide affordable solutions.