Cycle Capital Management Investments & Fund Profile

Overview

Venture capital fund investing in Canadian Cleantech companies.

Founded

2005

Deals · 12mo

2

Links

Website LinkedIn X (Twitter)

Stage focus

Series A

Series B

Geographic focus

Canada

United States

Sector focus

Finance

Financial Services

Venture Capital

Investment portfolio

41rounds

LedParticipated

NAME	DATE	SIZE
Quintessent	Aug 2026Led	$40 MSeries A
SPARK Microsystems	Mar 2026Participated	$12 MSeries B
Blumind	Apr 2025Led	$15 MSeries A
Sonocharge Energy	Jan 2025Led	$24 MOther Equity
watttron	Apr 2024Participated	$13 MSeries B
Fibracast	Oct 2023Led	$45 MSeries A
Local Logic	Aug 2023Participated	$13 MSeries B
SPARK Microsystems	Mar 2023Participated	$25 MSeries B
Airex Energy	Mar 2023Led	$38 MOther Equity
PreVu3D	Feb 2023Led	$10 MSeries A
VueReal	Apr 2022Led	$14 MSeries B
SPARK Microsystems	Feb 2021Led	$14 MOther Equity
Quintessent	Aug 2026Led	$40 MSeries A
SPARK Microsystems	Mar 2026Participated	$12 MSeries B
Blumind	Apr 2025Led	$15 MSeries A
Sonocharge Energy	Jan 2025Led	$24 MOther Equity
watttron	Apr 2024Participated	$13 MSeries B
Fibracast	Oct 2023Led	$45 MSeries A
Local Logic	Aug 2023Participated	$13 MSeries B
SPARK Microsystems	Mar 2023Participated	$25 MSeries B
Airex Energy	Mar 2023Led	$38 MOther Equity
PreVu3D	Feb 2023Led	$10 MSeries A
VueReal	Apr 2022Led	$14 MSeries B
SPARK Microsystems	Feb 2021Led	$14 MOther Equity

41 Items

41

Items

...

Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Cycle Capital Management: 41 funding rounds are recorded in the selected participation categories. All available history
Round type	Led deals	Participated deals
Seed	0	1
Series A	6	3
Series B	3	9
Series C+	0	2
Other Equity	10	7

Monthly Deal Activity

Cycle Capital Management: 41 deals are recorded across 201 months. All available history
Month	Deals
Feb '10	1
Mar '10	0
Apr '10	0
May '10	1
Jun '10	0
Jul '10	0
Aug '10	0
Sep '10	0
Oct '10	0
Nov '10	0
Dec '10	0
Jan '11	0
Feb '11	1
Mar '11	0
Apr '11	0
May '11	0
Jun '11	2
Jul '11	1
Aug '11	0
Sep '11	0
Oct '11	0
Nov '11	0
Dec '11	0
Jan '12	0
Feb '12	0
Mar '12	0
Apr '12	0
May '12	0
Jun '12	0
Jul '12	0
Aug '12	0
Sep '12	0
Oct '12	1
Nov '12	0
Dec '12	0
Jan '13	0
Feb '13	0
Mar '13	0
Apr '13	0
May '13	0
Jun '13	0
Jul '13	0
Aug '13	0
Sep '13	0
Oct '13	0
Nov '13	0
Dec '13	0
Jan '14	0
Feb '14	0
Mar '14	0
Apr '14	0
May '14	0
Jun '14	0
Jul '14	0
Aug '14	0
Sep '14	1
Oct '14	0
Nov '14	1
Dec '14	0
Jan '15	0
Feb '15	0
Mar '15	0
Apr '15	0
May '15	1
Jun '15	0
Jul '15	0
Aug '15	0
Sep '15	0
Oct '15	0
Nov '15	0
Dec '15	0
Jan '16	0
Feb '16	0
Mar '16	0
Apr '16	0
May '16	0
Jun '16	3
Jul '16	1
Aug '16	0
Sep '16	0
Oct '16	0
Nov '16	0
Dec '16	0
Jan '17	0
Feb '17	0
Mar '17	1
Apr '17	1
May '17	1
Jun '17	1
Jul '17	1
Aug '17	0
Sep '17	0
Oct '17	0
Nov '17	1
Dec '17	1
Jan '18	1
Feb '18	0
Mar '18	0
Apr '18	1
May '18	0
Jun '18	1
Jul '18	0
Aug '18	0
Sep '18	0
Oct '18	0
Nov '18	0
Dec '18	0
Jan '19	0
Feb '19	0
Mar '19	0
Apr '19	0
May '19	0
Jun '19	1
Jul '19	0
Aug '19	0
Sep '19	0
Oct '19	2
Nov '19	0
Dec '19	0
Jan '20	0
Feb '20	0
Mar '20	0
Apr '20	1
May '20	0
Jun '20	0
Jul '20	0
Aug '20	0
Sep '20	0
Oct '20	0
Nov '20	1
Dec '20	0
Jan '21	0
Feb '21	1
Mar '21	0
Apr '21	0
May '21	0
Jun '21	0
Jul '21	0
Aug '21	0
Sep '21	0
Oct '21	0
Nov '21	0
Dec '21	0
Jan '22	0
Feb '22	0
Mar '22	0
Apr '22	1
May '22	0
Jun '22	0
Jul '22	0
Aug '22	0
Sep '22	0
Oct '22	0
Nov '22	0
Dec '22	0
Jan '23	0
Feb '23	1
Mar '23	2
Apr '23	0
May '23	0
Jun '23	0
Jul '23	0
Aug '23	1
Sep '23	0
Oct '23	1
Nov '23	0
Dec '23	0
Jan '24	0
Feb '24	0
Mar '24	0
Apr '24	1
May '24	0
Jun '24	0
Jul '24	0
Aug '24	0
Sep '24	0
Oct '24	0
Nov '24	0
Dec '24	0
Jan '25	1
Feb '25	0
Mar '25	0
Apr '25	1
May '25	0
Jun '25	0
Jul '25	0
Aug '25	0
Sep '25	0
Oct '25	0
Nov '25	0
Dec '25	0
Jan '26	0
Feb '26	0
Mar '26	1
Apr '26	0
May '26	0
Jun '26	0
Jul '26	0
Aug '26	1
Sep '26	0
Oct '26	0

Sector Breakdown

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

Cycle Capital Management: Clean Energy & Sustainability is the largest displayed sector by deal count (26 deals). All available history
Sector	Deals
Clean Energy & Sustainability	26
Manufacturing	11
Hardware & Robotics	9
Space & Frontier Tech	8
Health & Life Sciences	8
Networks, Cloud & Communication	6
Enterprise Software	5
AI & Machine Learning	5
Food & Agriculture	5
Real Estate & Construction	4
Data, Analytics & IT	4
Fintech	4
Professional Services	4
Transportation & Logistics	3
Travel & Hospitality	2
Consumer & Lifestyle	2
AR/VR	1

Deal Size Distribution

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

Cycle Capital Management: 41 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)	Deals
<$5M	8
$5M-$10M	7
$10M-$25M	16
$25M-$50M	7
$50M-$100M	3
$100M-$250M	0
$250M-$500M	0
$500M-$1B	0
$1B+	0

Deals By Geography

Top 3 of 3 regions; European countries are grouped as Europe.

Cycle Capital Management: Canada has the largest recorded deal count among the displayed regions (33 deals). All available history
Region	Deals
Canada	33
United States	7
Europe	1

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.

Cycle Capital Management: 20 co-investors are shown, with BDC Capital sharing 11 recorded deals. All available history
Co-investor	Shared deals
BDC Capital	11
Desjardins Capital	8
Real Ventures	6
Sustainable Development Technology Canada	5
Export Development Canada	3
Investissement Québec	3
IPM Group	3
NanoDimension	3
Pangaea Ventures	3
Presidio Partners	3
Anges Québec Capital	2
ArcTern Ventures	2
BASF Venture Capital	2
Braemar Energy Ventures	2
Breakthrough Energy Ventures	2
Closed Loop Capital	2
Economic Development Canada	2
Evergy Ventures	2
GroundBreak Ventures	2
Idealist Capital	2