# Teralys Capital: portfolio, investments and team > Teralys Capital is a vc firm based in Canada. 3 investments on record, latest Sept 2025. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/teralys-capital (Millionrounds; every figure on the page links to its filing or article) Canada · [Investor](https://millionrounds.com/investors) # Teralys Capital Last cheque observed Sep 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Quiet New fund $375M, Mar 2016 VC firm Series A Series B Growth Climate Environnement Renewables Follow Teralys Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fteralys-capital) Cheques on record **0%** of best year **0** **cheques in 12 months**, 3 on record Since the last cheque **407** days **00** hrs **00** min **00** sec Median round **$50M** Rounds led **0 of 3** Pitch Teralys Capital ## Teralys Capital highlights - 01 3 rounds on record - 02 Mostly Debt and Growth: 67% of its rounds ## What they do > Nous sommes engagés à encourager et soutenir les entrepreneurs technologiques de calibre exceptionnel From their own website - **Type:** VC firm - **Cheque size:** Not stated - **Stages:** Series A Series B Growth - **Sectors:** Climate Environnement Renewables - **Based in:** Montreal, Canada - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **3 appearances** - **2025** 2 rounds - **Sept** **[WorkFusion](https://millionrounds.com/company/workfusion)** Growth · US · Crunchbase News **$45M** With 18 others - **Jan** **[Float Financial](https://millionrounds.com/company/float-financial)** Series B · CA · TechCrunch **$50M** With 4 others - **2019** 1 round - **Sept** **[Verafin](https://millionrounds.com/company/verafin)** Debt · CA · FinSMEs **$389M** With 6 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. Who backs their funds ## 10 LPs on record in Teralys Capital's funds - **Funds:** 1 The institutions that put money into its funds, which the firm then invests in companies. Source: fund news. - [**Fonds de solidarite Ftq** 1 fund](https://millionrounds.com/fund/fonds-de-solidarite-ftq) Fund Vintage Committed Teralys Capital Teralys Capital Innovation Fund - - - [**GO Capital Fund** 1 fund](https://millionrounds.com/fund/investissement-quebec) Fund Vintage Committed Teralys Capital Teralys Capital Innovation Fund - - - [**BDC Capital** 1 fund](https://millionrounds.com/fund/bdc-venture-capital) Fund Vintage Committed Teralys Capital Teralys Capital Innovation Fund - - - [**Fondaction CSN** 1 fund](https://millionrounds.com/fund/fondaction-csn) Fund Vintage Committed Teralys Capital Teralys Capital Innovation Fund - - - [**Fiera Capital** 1 fund](https://millionrounds.com/fund/fiera-capital) Fund Vintage Committed Teralys Capital Teralys Capital Innovation Fund - - - [**Bpifrance** 1 fund](https://millionrounds.com/fund/bpifrance) Fund Vintage Committed Teralys Capital Teralys Capital Innovation Fund - - - [**National Bank of Canada** 1 fund](https://millionrounds.com/fund/national-bank-of-canada) Fund Vintage Committed Teralys Capital Teralys Capital Innovation Fund - - - [**Desjardins Venture Capital** 1 fund](https://millionrounds.com/fund/desjardins-venture-capital) Fund Vintage Committed Teralys Capital Teralys Capital Innovation Fund - - - [**Consensus Business Group** 1 fund](https://millionrounds.com/fund/consensus-business-group) Fund Vintage Committed Teralys Capital Teralys Capital Innovation Fund - - - [**Knight Therapeutics** 1 fund](https://millionrounds.com/fund/knight-therapeutics) Fund Vintage Committed Teralys Capital Teralys Capital Innovation Fund - - Funds they back ## 4 fund commitments on record - **Managers:** 2 Every fund on record that it has committed money to, and the managers who invest it. Source: fund news. Managers it backs most - [Inovia Capital 3 funds](https://millionrounds.com/fund/inovia-capital) - [Diagram 1 fund](https://millionrounds.com/fund/diagram) Most recent commitments - [Diagram Diagram Climate Tech Fund](https://millionrounds.com/fund/diagram) - [Inovia Capital Fund VI](https://millionrounds.com/fund/inovia-capital) - [Inovia Capital Inovia Capital Fund VI](https://millionrounds.com/fund/inovia-capital) - [Inovia Capital Inovia Venture Fund 6](https://millionrounds.com/fund/inovia-capital) New fund on file **$375M** raised in Mar 2016 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Series A Series B Growth Median round joined **$50M** the round, not its cheque Led 0 of 3 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Sept 2025 Rounds by stage said on their site - Debt *1* - Growth said *1* - Series B said *1* - Series A said *-* Cheques by month Led Joined Nov 2023 Oct 2026 **Pitching Teralys Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Teralys Capital put money into. [**WorkFusion** $45M · Sept 2025](https://millionrounds.com/company/workfusion)[**Float Financial** $50M · Jan 2025](https://millionrounds.com/company/float-financial)[**Verafin** $389M · Sept 2019](https://millionrounds.com/company/verafin) ## Quick answers about Teralys Capital ### What does Teralys Capital invest in? Teralys Capital invests most often at Debt and Growth (67% of the rounds on record), in sectors such as Climate, Environnement and Renewables. ### How active is Teralys Capital? 3 investments on record, 0 of them in the last 12 months. The most recent was in Sept 2025. ### What has Teralys Capital invested in recently? Its most recent investments on record: WorkFusion (Growth, Sept 2025), Float Financial (Series B, Jan 2025) and Verafin (Debt, Sept 2019). ### How big are Teralys Capital's cheques? The median round it joins is $50M. ### Is Teralys Capital investing now? No investments in the last 12 months; the latest was in Sept 2025. ### What kind of investor is Teralys Capital? Teralys Capital is a VC firm based in Montreal, Canada. ### Has Teralys Capital raised a new fund? Its latest fund filing with the SEC was in Mar 2016, reporting $375M raised. ### When was Teralys Capital founded? Teralys Capital was founded in 2009. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM 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=teralys-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=teralys-capital)