Fondaction
Impact investorMontreal · Seed–Growth
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 2 of 3 portfolio companiesAI & Machine Learning ×1Construction Tech ×1Fintech ×1Hardware ×1PropTech ×1Robotics ×1SaaS ×1
HQs:Canada×2
Investments · 3 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 12 dated
Producer of organic oils using a circular approach that revalorizes oilseed cake.
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)in
Co-investorsBreyer CapitalDiagramNAventuresEndeavor CatalystExpedition Growth CapitalFonds de solidarité FTQ+1 more
Portfolio news
latest coverage across their companiesNesto · fintechfutures.com · Jun 11, 2026
Frequently asked questions
- 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
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