iNovia Capital Raises $110M for Third Fund

iNovia Capital has raised $110m for its third fund, iNovia Investment Fund III L.P. 

Investors in the fund include Teralys Capital, BDC Venture Capital, AVAC Ltd., Alberta Enterprise, the BC Renaissance Capital Fund, as well as more than fifteen entrepreneurs from Canada, the US and abroad.

iNovia III will continue to invest in founders and management teams innovating the Internet, Digital Media and Communications industries in North America.
The initial investment size can be as low as only a few hundred thousand in seed stage companies with more mature investments as high as $10m over the life of a given company.



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