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. It has already invested in Signal 1, a health startup that uses artificial intelligence to predict which hospital patients are at a higher risk, and Flare, a cybersecurity provider enabling organizations to protect their data, financial resources, and reputation.
Inovia Capital 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.
Inovia manages over US$2.2B with operations in Toronto, Montreal, Calgary, San Francisco, and London.