
Cycle Capital
Description
Cycle Capital Management (CCM) is a leading Canadian venture capital firm dedicated to investing in and nurturing companies that are at the forefront of the cleantech and sustainability sectors. Based in Montréal, the firm has established itself as a key player in accelerating the development and commercialization of innovative clean technologies. With a primary geographic focus on North America, including both Canada and the United States, Cycle Capital is also expanding its reach into European markets, seeking out promising ventures that align with its mission to drive environmental and economic impact.
The firm's investment strategy centers on growth-stage companies, providing capital to businesses that have demonstrated significant potential and are ready to scale their solutions. Cycle Capital targets a diverse range of sub-sectors within cleantech, including energy transition, circular economy, sustainable agriculture, and smart cities. Beyond financial investment, CCM is known for offering strategic guidance, operational support, and access to its extensive network of industry experts and partners, aiming to foster the long-term success of its portfolio companies. Their commitment extends to integrating robust ESG (Environmental, Social, and Governance) principles into their investment decisions and portfolio management.
Cycle Capital typically deploys initial investments ranging from CAD $5 million to CAD $20 million per company, which translates to approximately USD $3.65 million to USD $14.6 million based on recent exchange rates. This strategic capital injection is designed to support companies through critical development and commercialization phases. Since its inception, Cycle Capital has built an impressive portfolio, having invested in more than 50 companies across various cleantech domains. The firm currently manages over $400 million in assets, underscoring its significant presence and influence in the global clean technology investment landscape.
Investor Profile
Cycle Capital has backed more than 37 startups, with 6 new investments in the last 12 months alone. The firm has led 11 rounds, about 30% of its total and boasts 4 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series Unknown, Series C rounds (top funding stages).
- Majority of deals are located in Canada, United States, Germany.
- Strong thematic focus on Waste Management, Renewable Energy, Energy.
- Led 4 rounds in the past year.
- Typical check size: $3.6M – $14.6M.
Stage Focus
- Series B (19%)
- Series Unknown (16%)
- Series C (14%)
- Series A (14%)
- Private Equity (11%)
- Seed (11%)
- Series D (5%)
- Corporate Round (5%)
- Convertible Note (3%)
- Grant (3%)
Country Focus
- Canada (78%)
- United States (19%)
- Germany (3%)
Industry Focus
- Waste Management
- Renewable Energy
- Energy
- Recycling
- Cleantech
- Electronics
- Analytics
- Manufacturing
- Biofuel
- Marketing
Frequently Asked Questions
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