Inovia secures $200-million USD first close for sixth early-stage VC fund

Inovia Capital has completed a $200-million USD ($282-million CAD) first close of its sixth early-stage venture capital (VC) fund. The multi-stage, Montréal-based technology investor announced the news today in a LinkedIn post . Returning Inovia limited partners (LPs) like the Business Development Bank of Canada, La Caisse de dépôt et placement du Québec, Canadian Imperial Bank of Commerce, Fondaction, Fonds de solidarité FTQ, Investissement Québec, and Teralys Capital supported the first close.