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.
14 Articles
14 Articles

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…

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…
$110 million close for Active Impact Investments’ third fund
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Vancouver's Active Impact Closes $110M Fund Targeting Climatech Innovation
Vancouver-based Active Impact Investments announced this week that it has closed its third fund at $110 million. This makes Active Impact Canada’s largest climate tech seed fund with total assets under management to over $180 million, according to a statement from the firm. At nearly twice the size of its previous fund, Active’s new fund is “doubling down on the Canadian market opportunity, where conditions are aligning to support climate innova…
Active Impact Investments holds $110-million final close for third climate tech seed fund
Vancouver-based Active Impact Investments has held a $110-million CAD final close for its third early-stage climate technology fund. The fund is co-anchored by new investor Northleaf Capital Partners and returning major investor Fondaction. Fund III is nearly double the size of Active Impact’s second fund, and brings in fresh institutional backers such as Boann, Co-operators Corporate Venture Capital Fund, Deloitte Ventures, and InBC. “We see…
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