Inovia: Closes Fifth Early-Stage Fund, at US$325 Million

Inovia Closes Fifth Early-Stage Fund, at US$325 Million

  • Inovia Capital, a Toronto, Canada-based venture capital firm, closed its fifth early-stage fund, at US$325M
  • The fund aims to invest in global, sustainable companies that strengthen the Canadian tech ecosystem
  • The platform is a venture capital firm that partners with founders to build impactful and enduring global companies
  • The team leverages an operator-led mindset to provide founders with multi-stage support, mentorship, and access to a worldwide network
  • The company manages over US$2.2B with operations in Toronto, Montreal, Calgary, San Francisco, and London
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Lloyds Strengthens AI Strategy After Assessing Financial Value of Deployments

The bank plans to enhance its artificial intelligence capabilities further.Highlights: Lloyds assesses the financial value of its AI...

Santander Tightens Operations with Closure of 44 More Branches

The bank continues its restructuring as customer preferences shift to digital banking.Highlights: Santander is closing 44 more branches...

Stablecoin Bank Kontigo Suffers Cyber Attack, Disrupting Operations

The cyber incident raises concerns about security in fintech.Highlights: Kontigo, a prominent stablecoin bank, experienced a cyber attack.The...

Universal Launches UAE’s First Central Bank Registered Stablecoin

The new digital currency aims to enhance financial transactions in the UAE.Highlights: Universal launched the UAE's first Central...