# Ecofuel: portfolio, investments and team

> Ecofuel is an accelerator based in Canada. 5 investments on record, latest Mar 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/ecofuel (Millionrounds; every figure on the page links to its filing or article)

Canada · [Investor](https://millionrounds.com/investors)

# Ecofuel

Last cheque observed Mar 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Accelerator

Pre-seed Seed Series A Logistics Transportation Cleantech

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 5 on record

Since the last cheque **2770** days **00** hrs **00** min **00** sec

Median round **$1.5M** Cheque size, as they say **$72K – $72K** Rounds led **0 of 5** Sole investor **1 rounds** Mostly in **Canada, 100%**

Pitch Ecofuel

## Ecofuel highlights

- 01 5 rounds on record
- 02 Mostly Seed and Pre-seed: 100% of its rounds
- 03 Sole investor in 1 rounds, median $1.0M

## What they do

- **Type:** Accelerator (from a list, unverified)
- **Cheque size:** $72K – $72K as they say
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** Logistics Transportation Cleantech
- **Based in:** Montreal, Canada
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **5 appearances**

- **2019** 1 round
- **Mar** **[Global Spatial Technology Solutions](https://millionrounds.com/company/global-spatial-technology-solutions)** CA · Innovacorp **$2.0M** With 1 other
- **2018** 1 round
- **Nov** **[BluWave-ai](https://millionrounds.com/company/bluwave-ai)** Pre-seed · CA · Obj **$1.0M** Sole investor
- **2015** 3 rounds
- **Feb** **[Netlift](https://millionrounds.com/company/netlift)** Seed · CA **$60K** With 1 other
- **Feb** **[SabrTech](https://millionrounds.com/company/sabrtech)** Seed · CA **$60K** With 1 other
- **Feb** **[FilmOrganic](https://millionrounds.com/company/filmorganic)** Seed · CA **$60K** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The cheque

Pre-seed Seed Series A

Median round joined **$1.5M** the round, not its cheque Alone, median **$1.0M**

Led 0 of 5 rounds **0%**

- **Said size:** $72K – $72K
- **Sole investor:** 1 rounds
- **Last cheque:** Mar 2019

Rounds by stage said on their site

- Seed said *3*
- Pre-seed said *1*
- Series A said *-*
- Series B said *-*

Cheques by year Led Joined

2015 2019

Often in the room with

- [Cycle Capital](https://millionrounds.com/fund/cycle-capital) 3

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## Who they invest alongside

The investors most often in the same rounds as Ecofuel. A count of rooms they were both in, not a relationship either has claimed.

[**Cycle Capital** Private equity **3** rounds together](https://millionrounds.com/fund/cycle-capital)

## Recently backed

The latest companies Ecofuel put money into.

[**BluWave-ai** $1.0M · Nov 2018](https://millionrounds.com/company/bluwave-ai)

## Quick answers about Ecofuel

### What does Ecofuel invest in?

Ecofuel invests most often at Seed and Pre-seed (100% of the rounds on record), in sectors such as Logistics, Transportation and Cleantech.

### How active is Ecofuel?

5 investments on record, 0 of them in the last 12 months. The most recent was in Mar 2019.

### What has Ecofuel invested in recently?

Its most recent investments on record: Global Spatial Technology Solutions (Undisclosed round, Mar 2019) and BluWave-ai (Pre-seed, Nov 2018).

### How big are Ecofuel's cheques?

The median round it joins is $1.5M. It says it writes cheques of $72K to $72K.

### Does Ecofuel lead rounds?

Rarely, if at all: none of its 5 investments on record names it as the lead.

### Where does Ecofuel invest?

Most of the companies it backs are in Canada (100%).

### Is Ecofuel investing now?

No investments in the last 12 months; the latest was in Mar 2019.

### Who does Ecofuel invest alongside?

Most often Cycle Capital (3 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=ecofuel) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=ecofuel)