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General Information

Websitefondaction.com
Employees
Founded1996

Funds

Offices

HQ
2175 boul. De Maisonneuve East
Suite 103
Montreal, H2K 4S3, CAN
Québec, CAN
125, boul. Charest Est, bureau 602
Québec, G1K 3G5, CAN

Tags

Fondaction

Fondaction invests in venture capital in order to maintain and create jobs in Québec. Its net assets, which stood at $544.6 million as at November 30, 2008, are derived from retirement savings collected from more than 86,000 shareholders. It is the financial partner of about a hundred enterprises and partner and specialized funds. It favours enterprises that subscribe to a participatory management process, enterprises in the social economy (employee-controlled, cooperatives, etc.) and those that practice environmental stewardship.

Recent Milestones

Investments

Company Date Round Size Participants
Enerkem 7/11Series CC$29M5
Nexio 5/09Venture Round$2.75M1
N(i)² 11/07Venture Round$2.5M1
InEdge 9/07Venture Round$1.44M1
Aceris 3D Inspection 5/07Venture Round$4.88M2
Optosecurity 12/05Venture Round$5.1M3
GEOCOMtms 6/05Venture Round$3.07M5

Videos

Sources

  1. Enerkem announces total financing reached C$88 million in 2011 (enerkem.com) [edit]
  2. Fondaction invests $2.75 Million in Nexio (nexio.com) [edit]
  3. Fondaction invests 2.5 million dollars in N(i)² as part of a private round of financing to expand its international market presence (ni2.com) [edit]
  4. FONDACTION CSN INVESTS $1.5 MILLION IN THE GROWTH OF SQLIAISON (sqliaison.com) [edit]
  5. EDGAR [edit]
  6. Optosecurity closes 2005 with $5.1m venture capital investment (optosecurity.com) [edit]
  7. EDGAR [edit]
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Last Edited 4/25/13

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