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

  • Vancouver-Based Active Impact Investments closed its third early-stage climate tech fund at $110 million in 2025.
  • The fund's growth builds on earlier success including a $54 million Fund II close in 2021 and reflects strong investor confidence despite some market skepticism.
  • Fund III will hold 25 companies, primarily Canadian, with 18 new investments planned including Jetson, Skyward, and RIPTK, supported by institutional backers like Fondaction and Northleaf Capital Partners.
  • Founder Mike Winterfield expressed gratitude to their exceptional investors, enabling the team to back an additional 25 highly skilled founders in developing innovative solutions for the climate sector.
  • The fund's expansion signals confidence in Canada's climate tech sector, citing factors like effective policies, affordable talent, and stable leadership driving innovation and positive financial outcomes.
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CORRECTION: Active Impact Investments closes its third fund, adding $110 million in dry powder for climate tech

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…

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WellandTribune.ca broke the news in on Wednesday, May 7, 2025.
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