# Solidarity Fund QFL: portfolio, investments and team

> Solidarity Fund QFL is an investment firm. 12 investments on record, latest Jul 2007. Portfolio, stages, co-investors and team.

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

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

# Solidarity Fund QFL

Last cheque observed Jul 2007. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Investment firm

Series A Series C Series B

Cheques on record

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

Since the last cheque **7039** days **00** hrs **00** min **00** sec

Median round **$6.0M** Rounds led **0 of 12** Sole investor **1 rounds** Exits **1 from the portfolio** Mostly in **Canada, 80%**

Pitch Solidarity Fund QFL

## Solidarity Fund QFL highlights

- 01 12 rounds on record
- 02 Mostly Series A and Series C: 67% of its rounds
- 03 Sole investor in 1 rounds, median $2.5M
- 04 1 exits from the portfolio

## What they do

- **Type:** Investment firm (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **12 appearances**

- **2007** 2 rounds
- **Jul** **[Simpler Networks](https://millionrounds.com/company/simpler-networks)** Series C · CA **$9.0M** With 4 others
- **Jan** **[Enerkem](https://millionrounds.com/company/enerkem)** Venture · CA **$8.6M** With 3 others
- **2006** 1 round
- **Nov** **[Aegera Therapeutics](https://millionrounds.com/company/aegera-therapeutics)** Series C · CA **$12M** With 5 others
- **2005** 3 rounds
- **Sept** **[Versatel Networks](https://millionrounds.com/company/versatel-networks)** Series C **$8.5M** With 1 other
- **May** **[Tranzyme](https://millionrounds.com/company/tranzyme)** Series A · US **Undisclosed** With 6 others
- **Apr** **[Bluestreak Network](https://millionrounds.com/company/bluestreak-network)** Series B · US **$6.0M** With 2 others
- **2004** 4 rounds
- **Sept** **[Above Security](https://millionrounds.com/company/above-security)** Series A · CA **$2.5M** Sole investor
- **Jul** **[Lysac Technologies](https://millionrounds.com/company/lysac-technologies)** Venture · CA **$3.8M** With 3 others
- **May** **[Simpler Networks](https://millionrounds.com/company/simpler-networks)** Series A · CA **$16M** With 4 others
- **Mar** **[Goal Semiconductor](https://millionrounds.com/company/goal-semiconductor)** Series A **$3.9M** With 1 other
- **2003** 1 round
- **Jul** **[Nanox](https://millionrounds.com/company/nanox)** Series B · CA **$3.0M** With 2 others
- **2002** 1 round
- **Nov** **[LxDATA](https://millionrounds.com/company/lxdata)** Series A · CA **$5.3M** With 2 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.

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[Lysac Technologies](https://millionrounds.com/company/lysac-technologies)** Bought by Archer Daniels Midland Company **Undisclosed** Apr 2006

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

## The cheque

Series A Series C Series B

Median round joined **$6.0M** the round, not its cheque Alone, median **$2.5M**

Led 0 of 12 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Jul 2007
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Series A *5*
- Series C *3*
- Series B *2*
- Venture *2*

Cheques by year Led Joined

2002 2007

Often in the room with

- [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 5
- [Desjardins Venture Capital](https://millionrounds.com/fund/desjardins-venture-capital) 3
- [BCE Inc (Bell Canada Enterprises)](https://millionrounds.com/fund/bell-ventures) 2
- [Highland Capital Partners](https://millionrounds.com/fund/highland-capital-partners) 2
- [Innovatech Grand Montreal](https://millionrounds.com/fund/innovatech-grand-montreal) 2
- [Kodiak Venture Partners](https://millionrounds.com/fund/kodiak-venture-partners) 2

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## Who they invest alongside

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

[**BDC Capital** VC firm **5** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**Desjardins Venture Capital** Government **3** rounds together](https://millionrounds.com/fund/desjardins-venture-capital)[**BCE Inc (Bell Canada Enterprises)** Corporate VC **2** rounds together](https://millionrounds.com/fund/bell-ventures)[**Highland Capital Partners** VC firm **2** rounds together](https://millionrounds.com/fund/highland-capital-partners)[**Innovatech Grand Montreal** VC firm **2** rounds together](https://millionrounds.com/fund/innovatech-grand-montreal)[**Kodiak Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/kodiak-venture-partners)[**Multiple Capital** VC firm **2** rounds together](https://millionrounds.com/fund/multiple-capital)

## Quick answers about Solidarity Fund QFL

### What does Solidarity Fund QFL invest in?

Solidarity Fund QFL invests most often at Series A and Series C (67% of the rounds on record).

### How active is Solidarity Fund QFL?

12 investments on record, 0 of them in the last 12 months. The most recent was in Jul 2007.

### How big are Solidarity Fund QFL's cheques?

The median round it joins is $6.0M.

### Does Solidarity Fund QFL lead rounds?

Rarely, if at all: none of its 12 investments on record names it as the lead.

### Where does Solidarity Fund QFL invest?

Most of the companies it backs are in Canada (80%) and the United States (20%).

### Is Solidarity Fund QFL investing now?

No investments in the last 12 months; the latest was in Jul 2007.

### Who does Solidarity Fund QFL invest alongside?

Most often BDC Capital (5 rounds together), Desjardins Venture Capital (3 rounds together) and BCE Inc (Bell Canada Enterprises) (2 rounds together).

### What kind of investor is Solidarity Fund QFL?

Solidarity Fund QFL is an investment firm.

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