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CORRECTION: Active Impact Investments closes its third fund, adding $110 million in dry powder for climate tech
CORRECTION: Active Impact Investments closes its third fund, adding $110 million in dry powder for climate tech

Yahoo

time08-05-2025

  • Business
  • Yahoo

CORRECTION: Active Impact Investments closes its third fund, adding $110 million in dry powder for climate tech

More than doubled AUM in one of the toughest fundraising markets in decades VANCOUVER, BC, May 07, 2025 (GLOBE NEWSWIRE) -- Active Impact Investments, Canada's largest climate tech seed fund, has closed its third fund at $110 million CAD, bringing total assets under management to over $180 million. With nearly twice the size of its previous fund, Active Impact is doubling down on the Canadian market opportunity, where conditions are aligning to support climate innovation globally, and reaffirming their thesis of backing early-stage climate tech ventures that abate emissions and advance the adoption of scalable clean solutions. Fund III has already invested in Canadian-based Jetson, Skyward, RIPTK, ThinkLabs AI and U.S. based Lumo and Zeno. The fund was co-anchored by Northleaf Capital Partners through its Canadian venture capital strategy and Fondaction, and further supported by Boann, Co-operators Corporate Venture Capital Fund, Deloitte Ventures and InBC. The VC firm will add 18 more companies to Fund III, for a total of 25, primarily in Canada with some allocation in the U.S. 'Thanks to our amazing investors, we get the privilege to support 25 more insanely talented founders so they can build the future of climate. There is a massive difference between the divisive rhetoric from both sides on climate and the reality that exists in the middle,' said Mike Winterfield, Founder and Managing Partner, Active Impact Investments. 'Sadly this has led some investors to leave the space at exactly the time when the data has us most excited about huge financial outcomes. Even better, we see Canada quickly emerging as a top destination for building climate tech companies with world-class affordable talent, strong public support, effective policies like IRAP and SR&ED, and globally respected and stable leadership.' In the 2024 Global Cleantech 100 list by the Cleantech Group, 13 of the world's top private companies are based in Canada, second only to the U.S. but an outsized representation considering Canada has one-tenth the population. Additionally, Canada is increasingly attractive to the world's top tech talent with the Tech Talent Strategy that offers open work permits to H-1B visa holders in the U.S. for up to three years, with an initial cap of 10,000 applications filled in just 48 hours. A greater influx of talent to Canada is expected given the US shifting policies in relation to immigration and academia. 'We're investing in companies that deliver cost savings for their customers while achieving meaningful emissions reduction or advancing more efficient clean technology with no sacrifice in quality,' said Tom Boddez, General Partner, Active Impact Investments. 'Fund III has already made seven investments with very strong early traction. For example, Jetson here in Vancouver is a fully integrated heat pump solution that has grown rapidly and is now expanding into new markets. Zeno, which is U.S. based but has initial operations in Kenya for their electric motorbikes and battery charging network, has launched their first model and grown to a waitlist of over 10,000 qualified purchasers in a year. We are searching for outstanding founders or operators that want to build a climate company. If you've been successful with another venture and you want to build something massive in clean energy and transportation, infrastructure and carbon solutions, sustainable food and water or circular economy, we want to talk.'

Unlocking Your Wallet's Superpower: Active Impact Investments Empowers Viewers to Invest in a Better Future
Unlocking Your Wallet's Superpower: Active Impact Investments Empowers Viewers to Invest in a Better Future

Yahoo

time29-01-2025

  • Business
  • Yahoo

Unlocking Your Wallet's Superpower: Active Impact Investments Empowers Viewers to Invest in a Better Future

MIAMI, Jan. 29, 2025 /PRNewswire/ -- Tired of feeling like your investments don't align with your values? Learn how to make a positive difference while potentially earning strong returns with a new segment on Viewpoint with Dennis Quaid featuring Active Impact Investments. Millions of people today are looking for ways to invest their money in a way that reflects their values and creates positive change in the world. Active Impact Investments is a company that helps people achieve exactly that. Viewpoint with Dennis Quaid will explore the growing trend of impact investing and how Active Impact Investments is making it accessible to everyone. "Scientists have been warning us about the negative effects of our emissions for years but it's starting to hit close to home with increased frequency and intensity of weather events in several states. The great news is that there are products that are actually better and cheaper that can help us reduce these emissions and we seek to invest in those types of companies who we think can be big winners," stated Mike Winterfield, Managing Partner at Active Impact Investments. Unlike traditional investing that focuses solely on financial returns, impact investing considers the social and environmental impact of a company alongside its financial performance. This rapidly growing field is targeting strong financial returns while also providing the chance to make a meaningful difference. Active Impact Investments is a leader in the impact investing space, providing individuals with a diverse range of investments that help to mitigate climate change. The company's innovative approach is helping to make impact investing more accessible than ever before with investments in companies like FutureCard. About Viewpoint with Dennis QuaidViewpoint with Dennis Quaid is an acclaimed educational program hosted by distinguished actor Dennis Quaid. The program offers viewers an in-depth look at pressing issues and innovative solutions across various industries. Learn more at About Active Impact InvestmentsActive Impact Investments is a leading climate tech investing firm that empowers individuals to align their investments with their values. Visit their website at to explore your impact investing options. About FutureCardFutureCard** is the high-reward debit card that puts more money back in your pocket on everyday purchases. Earn 5% (and more) cashback at over 50,000 participating businesses, making FutureCard the most rewarding debit card for your daily spending. Go to View original content to download multimedia: SOURCE Viewpoint Sign in to access your portfolio

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