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ArcTern Ventures

2 Bloor Street West, Suite 504, Toronto, ON, M4W 3E2, Canada

Overview

Venture capital fund investing in early-stage cleantech companies.

Founded

2012

Deals ยท 12mo

3

Links

WebsiteLinkedInX (Twitter)

Stage focus

Series A
Series B

Geographic focus

Canada
United Kingdom
United States

Sector focus

CleanTech
Finance
Financial Services
Venture Capital

Investment portfolio

41rounds
NAMEDATESIZE
Muon Space
Aug 2026Participated
$250 MSeries C
Normal Computing
Mar 2026Participated
$50 MOther Equity
Harbinger
Nov 2025Participated
$160 MSeries C
Muon Space
Jun 2025Participated
$90 MDebt
Hyperlume
Feb 2025Led
$13 MSeed
King Energy
Oct 2024Led
$10 MOther Equity
Cyclic Materials
Sep 2024Led
$53 MSeries B
Recurrent
Mar 2024Participated
$16 MSeries A
Soly
Jan 2024Led
$33 MOther Equity
Trove
Aug 2023Led
$30 MSeries E
Ev.energy
Jul 2023Participated
$33 MSeries B
Winnow
Jun 2023Participated
$10 MSeries C
Muon Space
Aug 2026Participated
$250 MSeries C
Normal Computing
Mar 2026Participated
$50 MOther Equity
Harbinger
Nov 2025Participated
$160 MSeries C
Muon Space
Jun 2025Participated
$90 MDebt
Hyperlume
Feb 2025Led
$13 MSeed
King Energy
Oct 2024Led
$10 MOther Equity
Cyclic Materials
Sep 2024Led
$53 MSeries B
Recurrent
Mar 2024Participated
$16 MSeries A
Soly
Jan 2024Led
$33 MOther Equity
Trove
Aug 2023Led
$30 MSeries E
Ev.energy
Jul 2023Participated
$33 MSeries B
Winnow
Jun 2023Participated
$10 MSeries C
41
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Insights

Time horizon

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Deal Distribution

ArcTern Ventures: 41 funding rounds are recorded in the selected participation categories.All available history.
ArcTern Ventures: 41 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed20
Series A58
Series B39
Series C+13
Other Equity27
Debt01

Monthly Deal Activity

ArcTern Ventures: 41 deals are recorded across 147 months.All available history.
ArcTern Ventures: 41 deals are recorded across 147 months. All available history
MonthDeals
Aug '141
Sep '140
Oct '140
Nov '141
Dec '140
Jan '150
Feb '150
Mar '150
Apr '150
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '150
Nov '150
Dec '150
Jan '161
Feb '160
Mar '160
Apr '160
May '160
Jun '161
Jul '160
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '191
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '201
Feb '200
Mar '200
Apr '200
May '201
Jun '200
Jul '200
Aug '201
Sep '200
Oct '201
Nov '200
Dec '201
Jan '210
Feb '211
Mar '210
Apr '211
May '211
Jun '210
Jul '212
Aug '211
Sep '210
Oct '211
Nov '211
Dec '211
Jan '220
Feb '223
Mar '221
Apr '220
May '220
Jun '220
Jul '221
Aug '220
Sep '221
Oct '221
Nov '220
Dec '220
Jan '231
Feb '231
Mar '230
Apr '230
May '230
Jun '232
Jul '231
Aug '231
Sep '230
Oct '230
Nov '230
Dec '230
Jan '241
Feb '240
Mar '241
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '241
Oct '241
Nov '240
Dec '240
Jan '250
Feb '251
Mar '250
Apr '250
May '250
Jun '251
Jul '250
Aug '250
Sep '250
Oct '250
Nov '251
Dec '250
Jan '260
Feb '260
Mar '261
Apr '260
May '260
Jun '260
Jul '260
Aug '261
Sep '260
Oct '260

Sector Breakdown

ArcTern Ventures: Clean Energy & Sustainability is the largest displayed sector by deal count (22 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

ArcTern Ventures: Clean Energy & Sustainability is the largest displayed sector by deal count (22 deals). All available history
SectorDeals
Clean Energy & Sustainability22
Transportation & Logistics11
Enterprise Software10
Manufacturing8
AI & Machine Learning7
Real Estate & Construction6
Space & Frontier Tech6
Data, Analytics & IT5
Networks, Cloud & Communication5
Hardware & Robotics5
Food & Agriculture4
E-Commerce & Retail3
Marketing & Advertising2
Fintech2
Professional Services2
AR/VR1
Consumer & Lifestyle1
Media & Entertainment1

Deal Size Distribution

ArcTern Ventures: 41 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

ArcTern Ventures: 41 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M4
$5M-$10M3
$10M-$25M19
$25M-$50M8
$50M-$100M4
$100M-$250M1
$250M-$500M2
$500M-$1B0
$1B+0

Deals By Geography

ArcTern Ventures: United States has the largest recorded deal count among the displayed regions (18 deals).All available history.

Top 5 of 5 regions; European countries are grouped as Europe.

ArcTern Ventures: United States has the largest recorded deal count among the displayed regions (18 deals). All available history
RegionDeals
United States18
Canada11
Europe10
Australia1
India1
ArcTern Ventures: 20 co-investors are shown, with Energy Impact Partners sharing 5 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

ArcTern Ventures: 20 co-investors are shown, with Energy Impact Partners sharing 5 recorded deals. All available history
Co-investorShared deals
Energy Impact Partners5
BDC Capital3
Congruent Ventures3
Costanoa Ventures3
Fifth Wall3
ACME Capital2
Activate Capital2
Active Impact Investments2
Canada Pension Plan Investment Board2
Capricorn Investment Group2
Core Innovation Capital2
Cycle Capital Management2
Ecosystem Integrity Fund2
Future Energy Ventures2
Gaingels2
Galvanize2
Hitachi Ventures2
Hudson Structured Capital Management2
Inven Capital2
KAYA2

Investment Strategy

ArcTern Ventures: Led accounts for 32% and participating for 68% of round participation.All available history.
ArcTern Ventures: Led accounts for 32% and participating for 68% of round participation. All available history
CategoryDeals (count)Share (%)
Led1332%
Participating2868%
ArcTern Ventures: Single-lead accounts for 69% and co-led for 31% of lead dynamics.All available history.
ArcTern Ventures: Single-lead accounts for 69% and co-led for 31% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead969%
Co-led431%

Team

Ilse Treurnicht

Investment Team

Kristin Aamodt

Investment Director

Marc Faucher

Managing Partner

Mira Inbar

Associate Partner

Murray McCaig

Co-Founder & Managing Partner

Tom Rand

Managing Partner