Canada · Investor

Fondaction

Last cheque observed Oct 2026; 10 cheques on record.

Deploying nowVC firm

SeedSeries ASeries BSdgSocial ImpactTech For Good

Deploying now
100%of best year1cheques in 12 months, 10 on record
Since the last cheque9days00hrs00min00sec
Median round$12MRounds led0 of 10Sole investor3 roundsExits1 from the portfolioMostly inCanada, 90%
Pitch Fondaction

Fondaction highlights

  1. 01

    1 cheques in the last 12 months

  2. 02

    Mostly Venture and Growth: 78% of its rounds

  3. 03

    Sole investor in 3 rounds, median $2.5M

  4. 04

    1 exits from the portfolio

What they do

Fondaction investit dans des entreprises et des fonds qui ont un impact positifFrom their own website
Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries ASeries B
Sectors
SdgSocial ImpactTech For Good
Based in
Clarke City, Canada
Cold pitches
Not stated

The record

Every round we can evidence, newest first10 appearances

  1. 2026

    1 round

  2. Oct
    Assembler AISeed · CA · The SaaS News$4.0MWith 6 others
  3. 2019

    1 round

  4. Feb
    HortauCA · FinSMEs$20MWith 5 others
  5. 2011

    2 rounds

  6. Jul
    EnerkemGrowth · CA$31MWith 4 others
  7. Jul
    EnerkemSeries C · CA · enerkem.com$31MWith 4 others
  8. 2009

    1 round

  9. May
    NexioVenture · CA · nexio.com$2.8MSole investor
  10. 2007

    3 rounds

  11. Nov
    N(i)²Venture · CA · ni2.com$2.5MSole investor
  12. Sept
    InEdgeVenture · CA · sqliaison.com$1.4MSole investor
  13. May
    Aceris 3D InspectionVenture · CA$4.9MWith 1 other
  14. 2005

    2 rounds

  15. Dec
    OptosecurityVenture · CA · optosecurity.com$5.1MWith 2 others
  16. Jun
    GEOCOMtmsVenture · US$3.1MWith 4 others

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.

Funds they back

2 fund commitments on record

Managers
1

Every fund on record that it has committed money to, and the managers who invest it.Source: fund news.

Exits from the portfolio

Companies it backed that were later bought or listed1 in all

GEOCOMtmsBought by RedPrairieUndisclosedMar 2007

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

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

Quick answers about Fondaction

What does Fondaction invest in?

Fondaction invests most often at Venture and Growth (78% of the rounds on record), in sectors such as Sdg, Social Impact and Tech For Good.

How active is Fondaction?

10 investments on record, 1 of them in the last 12 months. The most recent was in Oct 2026.

What has Fondaction invested in recently?

Its most recent investments on record: Assembler AI (Seed, Oct 2026) and Hortau (Undisclosed round, Feb 2019).

How big are Fondaction's cheques?

The median round it joins is $12M.

Does Fondaction lead rounds?

Rarely, if at all: none of its 10 investments on record names it as the lead.

Where does Fondaction invest?

Most of the companies it backs are in Canada (90%) and the United States (10%).

Is Fondaction investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

Who does Fondaction invest alongside?

Most often BDC Capital (2 rounds together), Braemar Energy Ventures (2 rounds together) and Innovatech Québec (2 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it