🌍 Exciting News from the Circular Innovation Fund (CIF) 🌿 We are thrilled to announce that Export Development Canada | Exportation et développement Canada (EDC) has joined us as a new Limited Partner (LP) in the Fund. The addition of EDC amplifies our fund, which already includes the backing of diverse investors, such as L'Oréal, Masonite®, Fonds de solidarité FTQ, strategic investor Axens, family offices including Haltra and Claridge Inc., as well as institutional investors, private investors and the managers, pushing our total fundraising amount to $160M and further strengthening CIF's commitment to fostering circular, sustainable innovations globally. “We are very pleased to have EDC, a long-time partner of Cycle Capital, join CIF as a new LP. EDC has supported innovative climatetech companies for many years, and we look forward to working with them to scale and grow innovative startups deploying technologies or business models that have a circular impact on the economy,” said Andrée-Lise Méthot, Founder and Managing Partner at Cycle Capital. “With the CIF management team, we are honoured to have EDC joining as a new investor. It obviously reinforces the fund's power and competencies to support the most promising champions of the circular economy,” said Stephane Villecroze, Co-founder & Managing Partner at Demeter. For more information: https://lnkd.in/eJJKmQ_T
