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Fondaction

North America, Quebec, Canada, Clarke City

Description

Fondaction CSN is a labor fund that invests savings collected from officials and SMEs, among which companies in the social economy.

Investor Profile

Fondaction has made 20 investments, with 5 in the past 12 months and 5% as lead.

Stage Focus

  • Series Unknown (30%)
  • Private Equity (25%)
  • Series A (15%)
  • Seed (10%)
  • Corporate Round (10%)
  • Series B (5%)
  • Post Ipo Equity (5%)

Country Focus

  • Canada (90%)
  • United States (10%)

Industry Focus

  • Recycling
  • Software
  • Waste Management
  • Agriculture
  • Manufacturing
  • Biofuel
  • Cleantech
  • Robotics
  • Farming
  • Employment
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Fondaction frequently co-invest with?

Fonds de solidarité FTQ
North America, Quebec, Canada, Montréal
Co-Investments: 4
Cycle Capital
North America, Quebec, Canada, Montréal
Co-Investments: 4
Telegraph Hill Capital
North America, California, United States, San Francisco
Co-Investments: 3
BDC Venture Capital
North America, Alberta, Canada, Calgary
Co-Investments: 2
Business Development Bank of Canada
North America, Quebec, Canada, Montréal
Co-Investments: 2
Braemar Energy Ventures
North America, New York, United States, New York
Co-Investments: 3
Caisse de Depot et Placement du Quebec
North America, Quebec, Canada, Montréal
Co-Investments: 2
The Westly Group
North America, California, United States, Menlo Park
Co-Investments: 3
Azure Capital Partners
North America, California, United States, San Francisco
Co-Investments: 2
Investissement Quebec
North America, Quebec, Canada, Quebec
Co-Investments: 5

Which angels does Fondaction often collaborate with?

AB
North America, Ohio, United States, Cleveland
Shared Deals: 1

What are some of recent deals done by Fondaction?

BioAlert Solutions

Sherbrooke, Quebec, Canada

BioAlert Solutions is a continuous monitoring device used to detect legionella pneumophila.

IndustrialManufacturingWater Purification
SeedMar 26, 2025
Amount Raised: $1,748,687
VoIP.ms

Terrebonne, Quebec, Canada

VoIP.ms is a Canadian voice over internet protocol (VoIP) based in Montreal with a lot of phone features easily available at low to no cost.

TelecommunicationsVoIP
Private EquityFeb 26, 2025
Équipement St-Germain

Quebec, Quebec, Canada

Équipement St-Germain offers rental of heavy equipment, and machineries to general contractors in construction, and landscaping companies.

ConstructionMachinery ManufacturingRental
Private EquityDec 3, 2024
Manulift

Saint-augustin, Quebec, Canada

Manulift EMI specializes in telescopic.

Manufacturing
Private EquityNov 20, 2024
Entosystem

Sherbrooke, Quebec, Canada

Entosystem uses innovative insect farming technologies to position themselves as a dominant player in the circular agriculture economy.

AgricultureAnimal FeedBiotechnologyFarmingRecycling
Series UnknownOct 2, 2024
Amount Raised: $42,934,499
Sofiac

Montréal, Quebec, Canada

SOFIAC helps commercial and industrial sector businesses to increase their profitability through development, financing.

FinanceFinancial ServicesSupply Chain Management
Series UnknownJan 25, 2024
Amount Raised: $65,073,805
Innergex

Longueuil, Quebec, Canada

Innergex Renewable Energy is a hydro, wind and solar energy resources.

EnergyEnvironmental EngineeringRenewable Energy
Post Ipo EquityOct 26, 2023
Amount Raised: $136,638,321
Waste Robotics

Quebec, Quebec, Canada

Waste Robotics designs and delivers intelligent recycling robots to replace human pickers in recycling centres.

Artificial Intelligence (AI)Industrial AutomationRecyclingRoboticsSoftwareWaste Management
Series UnknownSep 7, 2023
Amount Raised: $7,308,200
Omy Laboratoires

Quebec, Quebec, Canada

Omy Laboratoires develops and manufactures personalized cosmetic skin-care products using its AI based skin analysis system.

BeautyWellness
Series AApr 11, 2023
Amount Raised: $11,000,000
Voilà! Technologies

Quebec, Quebec, Canada

Voilà! Technologies is a workforce optimization software startup.

Human ResourcesSoftware
Series AOct 24, 2022
Amount Raised: $10,037,742