Ecofuel is a venture capital fund and a specialized and personalized accelerator dedicated to cleantech startups. Ecofuel, powered by Cycle Capital, works with entrepreneurs to help build globally competitive companies. Ecofuel Fund invests smart money in seed and early stage startups that develop and commercializes clean technologies, while the Ecofuel Accelerator offers entrepreneurs training workshops, networking sessions, an experienced mentor ecosystem.
The Ecofuel Fund, a $30M venture capital fund co-founded by Cycle Capital, is funded by Investissement Québec, acting as mandatory of the Government of Québec, BDC Capital, the investment arm of the Business Development Bank of Canada (BDC), Fondaction, the Fonds de solidarité FTQ and the Centre Québécois de valorisation des biotechnologies (CQVB).