Venture Newfoundland and Labrador
Venture capitalSt. John's · Pre-Seed–Seed · 3 people tracked
Investment thesis
Pelorus Venture Capital invests in pre-seed and seed innovation companies based in Newfoundland and Labrador, backing bold founders developing disruptive ideas. The firm manages the Venture Newfoundland and Labrador LP I and II funds, created with Pelorus VC, the Province of Newfoundland and Labrador, BDC Capital, and angel investors. It aims to help talented entrepreneurs commercialize innovative technologies while delivering venture returns, partnering early and working closely with founders as an active, transparent advisor across the Atlantic Canadian ecosystem. The fund is sector agnostic with initial investments of $250K-$500K.
Source: firm website, verified Jul 29, 2026.
Team · 3 people
from the firm's websiteFounding Partner and President of Pelorus Venture Capital, leading strategy, deal sourcing, and execution. He has over a decade of finance and investment experience at GrowthWorks Atlantic and launched and manages the VNL I & II funds.
An experienced early-stage tech operator and founder who previously worked with Harbr.com and co-founded a construction-tech company. She served as an Entrepreneur-in-Residence with Propel, mentors founders through the Creative Destruction Lab, and co-authored the Gender Diversity Playbook.
A Newfoundlander who spent a decade in oil and gas with ExxonMobil before working at Tesla and Rivian, then co-founded Diagon. He angel invests, advises early-stage startups, and founded GlobalNL, a non-profit connecting Newfoundlanders and Labradorians worldwide.
Frequently asked questions
- What stage does Venture Newfoundland and Labrador invest at?
- Venture Newfoundland and Labrador invests at the Pre-Seed, Seed stages.
- What is Venture Newfoundland and Labrador's typical check size?
- Venture Newfoundland and Labrador typically writes checks of $250K – $500K.
- What sectors does Venture Newfoundland and Labrador focus on?
- Venture Newfoundland and Labrador focuses on Sector Agnostic.
- Where is Venture Newfoundland and Labrador located?
- Venture Newfoundland and Labrador is headquartered in St. John's, CA.
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