Cycle Capital

Cycle Capital Management Inc., established in 2009, is a Montreal-based venture capital firm specializing in late-stage investments in clean technology and renewable energy sectors. It focuses on companies in the development and commercialization phases, with a particular interest in biomass, green transportation, green buildings, and smart grid technologies. The firm invests primarily in North America, with a focus on Canada, and typically allocates between CAD $0.1 million and CAD $8 million per portfolio company. Cycle Capital takes minority stakes and provides advisory services to its investees, aiming to hold investments for five to seven years. It manages multiple funds totaling CAD $230 million in assets under management.