Fondaction
Impact investorMontreal · Seed–Growth
Find your way into Fondaction
Investment thesis
Fondaction channels shareholders' retirement savings into development capital that advances sustainable finance in Quebec. It backs innovative companies and funds addressing the energy transition and climate change, promotes social equity by improving access to entrepreneurship for women and cultural communities, and supports the social economy and participatory worker management. It excludes holdings in companies with fossil energy reserves, supports sustainable agri-food and circular-economy businesses, and invests in ecological urban development and natural-capital preservation, including international climate funds. The fund combines financial returns with measurable environmental and social impact objectives.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 8 of 9 portfolio companiesCircular Economy ×3Cleantech ×3Climate Tech ×3Construction Tech ×3Direct to Consumer ×2E-commerce ×2Fintech ×2Impact & Social Good ×2
HQs:Canada×7
Investments · 9 tracked
founders shown can be your intro pathBy year:2026 · 22025 · 12023 · 12022 · 37 dated
Active Impact Investments is a venture capital firm that invests in startups focused on climate, sustainability, and impact outcomes, backing companies across infrastructure, carbon solutions, and clean technology sectors.
CleantechClimate TechConstruction TechImpact & Social GoodVancouver, CA
Mike(Founder and Managing Partner)
Co-investorsInBC Investment Corp.Deloitte Ventures
CarbiCrete develops a carbon removal technology that enables the production of cement-free concrete by using industrial steel slag and injecting CO2 to provide strength while sequestering carbon.
Circular EconomyCleantechClimate TechConstruction TechNew MaterialsQuebec, CA
Co-investorsAera VCBDC Climate Tech Fund IIInnovative Solutions CanadaNew Climate VenturesSQN Venture Partners, LLCFonds de solidarité FTQ+1 more
Enerkem converts non-recyclable waste and biomass residues into biofuels and chemicals using gasification and syngas conditioning technology.
Circular EconomyCleantechClimate TechEnergyNew MaterialsMontreal, CA
Esteban Chornet(Founder, Professor Emeritus at Université de Sherbrooke)inVincent Chornet(Co-founder)
Co-investorsBraemar Energy VenturesRho VenturesCycle CapitalFonds de solidarité FTQMonarch Alternative Capital
Fonds de solidarité FTQ is a Quebec labour-sponsored investment fund offering retirement and savings products (RRSP, TFSA, RRIF) that channel individuals' savings into Quebec businesses.
FintechImpact & Social Good
Co-investorsGrandBanks CapitalDiagramEndeavor CatalystFonds de solidarité FTQLa CaisseNAventures
Mechasys develops an XR Projector for the construction industry, providing robotics and advanced layout solutions to improve field productivity and worker efficiency on construction sites.
Construction TechHardwareRoboticsMontreal, CA
Co-investors15th RockGlobal BrainNew Stack VenturesAgya VenturesSOSVToda
Nesto is an online mortgage lending platform in Canada that offers origination, funding, and servicing for residential mortgages with transparent pricing and simplified application processes.
AI & Machine LearningFintechPropTechSaaSCanada, CA
Malik Yacoubi(CEO & Co-Founder)inChase Belair(Co-Founder, Principal Broker)
Co-investorsBreyer CapitalDiagramNAventuresEndeavor CatalystExpedition Growth CapitalFonds de solidarité FTQ+1 more
Nolk acquires and operates direct-to-consumer brands with a focus on sustainability, emphasizing recycled or renewable materials and long-lasting, repairable products.
Circular EconomyDirect to ConsumerE-commerce
Alexandre Renaud(Founder)in
Co-investorsAngels of ManyBoxOne VenturesExport Development Canada (EDC)Fonds de solidarité FTQPanache Ventures
OMY Cosmetics sells a personalized exfoliating toner essence formulated with adjustable concentrations of AHAs, BHAs, and PHAs tailored to individual skin profiles.
ConsumerDirect to ConsumerE-commerceWellness & Fitness
Co-investorsMAINAccelia CapitalBDC Capital CorporationCrédit Mutuel Equity
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
La Ferme Tournevent
Portfolio news
latest coverage across their companiesNesto · thesaasnews.com · Jun 12, 2026
Fonds de solidarité FTQ · fintechfutures.com · Jun 11, 2026
CarbiCrete · prnewswire.com · Mar 30, 2026
Active Impact Investments · foresightcac.com · Jun 10, 2025
Frequently asked questions
- How many investments has Fondaction made?
- Fondaction has 9 tracked investments, including 3 dated in the last 24 months.
- What stage does Fondaction invest at?
- Fondaction invests at the Seed, Series A, Series B, Series C, Growth stages.
- What sectors does Fondaction focus on?
- Fondaction focuses on Advanced Manufacturing, AgTech, Circular Economy, Cleantech, Climate Tech, Energy, FoodTech, Impact & Social Good, PropTech.
- Where is Fondaction located?
- Fondaction is headquartered in Montreal, CA.
Media · Podcasts & interviews
from their channelValeur de l'action de Fondaction du 23 juin 2026 : conversation avec Stéphan Morency
Fondaction et Bâtirente
Fondaction / Optel
Fondaction et Bâtirente
Images
Similar investors
GET Fund is an impact venture capital investor backing Green European Tech startups building scalable, sustainable businesses from early to growth stage.
Orbia Ventures is the corporate venture capital arm of Orbia, backing startups focused on climate technology, decarbonization, sustainability, circular economy, food security, water infrastructure, data access, and energy storage.
Starquest Capital is an impact-focused investment firm dedicated to financing disruptive green technologies that reduce emissions, protect biodiversity, and enable climate adaptation. It operates several thematic funds: a Biodiversity Fund, a CCR-Fund for climate adaptation and disaster prevention, and a Protect fund for decarbonization technologies.
Emerald Technology Ventures is a venture capital investor focused on complex, cutting-edge technologies, supporting entrepreneurs at the frontier of scientific and industrial innovation.
SHIFT Invest is an early-stage impact investor that backs companies generating positive impact on climate and nature, and supports impact entrepreneurs in scaling their businesses.