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Active Impact Investments

North America, British Columbia, Canada, North Vancouver

Description

Active Impact Investments, based in North Vancouver, Canada, stands as a prominent venture capital firm dedicated to fostering innovation within the climate tech sector. As Canada's largest climate tech seed fund, the firm is committed to investing in companies that offer scalable solutions to environmental challenges while generating competitive financial returns. With over $140 million in assets under management (AUM), Active Impact has established itself as a key player in the impact investing landscape, particularly within the North American market. Their mission centers on supporting entrepreneurs who are building a sustainable future.

The firm primarily targets seed-stage companies, though it also considers pre-seed and Series A opportunities, demonstrating flexibility in its investment approach. Active Impact focuses on a diverse range of climate-related verticals, including clean energy, sustainable food and agriculture, circular economy, water and waste management, and sustainable infrastructure. They seek out companies with strong founding teams, innovative technologies, and clear pathways to significant environmental and social impact alongside financial viability. Their investment thesis emphasizes the dual mandate of profit and purpose, aligning their capital with the United Nations Sustainable Development Goals.

Active Impact Investments has successfully raised multiple funds to support its investment strategy. Notably, they closed their second fund, Fund II, at $60 million in 2021, followed by their third fund, Fund III, which secured $70 million in 2023. These fund sizes underscore their growing capacity and commitment to the climate tech space. For initial investments, Active Impact typically writes first cheques ranging from approximately $750,000 to $2,200,000 USD. They also reserve significant capital for follow-on rounds, indicating a long-term partnership approach with their portfolio companies as they scale. This strategic capital deployment aims to provide comprehensive support to high-potential climate ventures.

Investor Profile

Active Impact Investments has backed more than 27 startups, with 2 new investments in the last 12 months alone. The firm has led 7 rounds, about 26% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Canada.
  • Strong thematic focus on Software, CleanTech, SaaS.
  • Typical check size: $750K – $2.2M.

Stage Focus

  • Seed (70%)
  • Series A (15%)
  • Series B (7%)
  • Convertible Note (4%)
  • Series Unknown (4%)

Country Focus

  • United States (52%)
  • Canada (48%)

Industry Focus

  • Software
  • Cleantech
  • Saas
  • Energy Management
  • Energy
  • Renewable Energy
  • Electric Vehicle
  • Sustainability
  • Solar
  • Energy Efficiency
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Active Impact Investments frequently co-invest with?

ReGen Ventures
Oceania, New South Wales, Australia, Byron Bay
Co-Investments: 2
Accomplice
North America, Massachusetts, United States, Cambridge
Co-Investments: 2
Climate Capital
North America, California, United States, San Francisco
Co-Investments: 2
Blackhorn Ventures
North America, Colorado, United States, Denver
Co-Investments: 3
Thin Line Capital
North America, California, United States, Pasadena
Co-Investments: 3
Undivided
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 2
GI
North America, California, United States, Chino
Co-Investments: 2
Co-Investments: 2
Techstars Ventures
North America, Colorado, United States, Boulder
Co-Investments: 2
Powerhouse Ventures
North America, California, United States, Oakland
Co-Investments: 4

Which angels does Active Impact Investments often collaborate with?

BT
North America, California, United States, Los Angeles
Shared Deals: 1
Shared Deals: 1
Shared Deals: 1
Neil Murdoch
North America, Ontario, Canada, Toronto
Shared Deals: 1
DL
Europe, Catalonia, Spain, Barcelona
Shared Deals: 1
BH
North America, California, United States, Palo Alto
Shared Deals: 1

What are some of recent deals done by Active Impact Investments?

King Energy

Durango, Colorado, United States

King Energy is a next-generation energy company that brings solar power to multi-tenant commercial properties.

Clean EnergyEnergyRenewable EnergySolar
SeedOct 16, 2024
Amount Raised: $10,000,000
Zeno

Oakland, California, United States

Zeno is a climate conscious motor company that offers eco-friendly motorcycles.

AutomotiveCleanTechGreen Consumer GoodsSustainability
SeedSep 19, 2024
Amount Raised: $9,500,000
ThinkLabs AI

Toronto, Ontario, Canada

ThinkLabs AI is a specialist AI development and deployment firm.

Artificial Intelligence (AI)Sustainability
SeedMay 23, 2024
Amount Raised: $5,000,000
Lumo

Santa Rosa, California, United States

Lumo is a smart irrigation system that enables growers to save water, improve crop quality and reduce costs.

AgricultureAgTechFarmingHardwareInternet of ThingsSoftware
SeedMay 7, 2024
Amount Raised: $7,000,000
SWTCH

Toronto, Ontario, Canada

SWTCH is a provider of electric vehicle charging solutions for multi-tenant properties.

CleanTechElectric VehicleEnergyEnergy ManagementRenewable Energy
Series BApr 18, 2024
Amount Raised: $27,200,000
Optiwatt

San Francisco, California, United States

Track your EV spending! Monitor at-home EV charging costs and gas savings using your exact electricity rates.

Electric VehicleMobile AppsReal TimeSaaS
Series ASep 14, 2023
Amount Raised: $7,000,000
Metafold 3D

Toronto, Ontario, Canada

Metafold makes cloud-based design for additive manufacturing software

Software
SeedJul 18, 2023
Amount Raised: $1,784,806
Othersphere

Victoria, British Columbia, Canada

Othersphere identifies profitable and sustainable locations for deploying zero or low greenhouse gas industrial technologies.

FinanceIndustrialInformation Technology
SeedJul 17, 2023
Amount Raised: $2,272,891
Future

Silver Spring, Maryland, United States

The payments network for the low-carbon economy

FinTech
SeedJun 14, 2023
Amount Raised: $6,500,000
Dispatch Goods

San Francisco, California, United States

Dispatch Goods is a climate tech company that is disrupting waste through an end-to-end platform for reuse.

DeliveryFood and BeverageGreenTechSustainability
SeedJan 23, 2023