
Active Impact Investments
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
Frequently Asked Questions
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