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Idealist Capital

5455 rue de Gaspé, suite 445, Montréal, QC, H2T 3B3, Canada

Overview

Private equity growth fund focused on climate change solutions.

Founded

2022

Deals · 12mo

1

Links

WebsiteLinkedIn

Stage focus

Series B

Geographic focus

Canada

Sector focus

—

Investment portfolio

7rounds
NAMEDATESIZE
SPARK Microsystems
Mar 2026Led
$12 MSeries B
Mechasys
Aug 2025Led
$23 MSeries A
Mosaic Manufacturing
Sep 2024Led
$21 MOther Equity
Parity
Jun 2024Led
$19 MSeries B
dcbel
Aug 2023Participated
$50 MSeries B
SPARK Microsystems
Mar 2023Led
$25 MSeries B
Sollum Technologies
Jan 2023Led
$30 MOther Equity
SPARK Microsystems
Mar 2026Led
$12 MSeries B
Mechasys
Aug 2025Led
$23 MSeries A
Mosaic Manufacturing
Sep 2024Led
$21 MOther Equity
Parity
Jun 2024Led
$19 MSeries B
dcbel
Aug 2023Participated
$50 MSeries B
SPARK Microsystems
Mar 2023Led
$25 MSeries B
Sollum Technologies
Jan 2023Led
$30 MOther Equity
7
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Idealist Capital: 7 funding rounds are recorded in the selected participation categories.All available history.
Idealist Capital: 7 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A10
Series B31
Other Equity20

Monthly Deal Activity

Idealist Capital: 7 deals are recorded across 46 months.All available history.
Idealist Capital: 7 deals are recorded across 46 months. All available history
MonthDeals
Jan '231
Feb '230
Mar '231
Apr '230
May '230
Jun '230
Jul '230
Aug '231
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '241
Jul '240
Aug '240
Sep '241
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '251
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '261
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Idealist Capital: Clean Energy & Sustainability is the largest displayed sector by deal count (4 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.

Idealist Capital: Clean Energy & Sustainability is the largest displayed sector by deal count (4 deals). All available history
SectorDeals
Clean Energy & Sustainability4
Hardware & Robotics3
Manufacturing3
Networks, Cloud & Communication2
Real Estate & Construction2
Space & Frontier Tech2
Transportation & Logistics2
Health & Life Sciences1
AI & Machine Learning1
Food & Agriculture1

Deal Size Distribution

Idealist Capital: 7 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.

Idealist Capital: 7 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M0
$10M-$25M5
$25M-$50M1
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Idealist Capital: Canada has the largest recorded deal count among the displayed regions (7 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Idealist Capital: Canada has the largest recorded deal count among the displayed regions (7 deals). All available history
RegionDeals
Canada7
Idealist Capital: 10 co-investors are shown, with Real Ventures sharing 3 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.

Idealist Capital: 10 co-investors are shown, with Real Ventures sharing 3 recorded deals. All available history
Co-investorShared deals
Real Ventures3
Cycle Capital Management2
Fondaction2
NanoDimension2
Coatue1
Economic Development Canada1
EDC1
Freycinet Investments1
Investissement Québec1
Volvo Cars1

Investment Strategy

Idealist Capital: Led accounts for 86% and participating for 14% of round participation.All available history.
Idealist Capital: Led accounts for 86% and participating for 14% of round participation. All available history
CategoryDeals (count)Share (%)
Led686%
Participating114%
Idealist Capital: Single-lead accounts for 83% and co-led for 17% of lead dynamics.All available history.
Idealist Capital: Single-lead accounts for 83% and co-led for 17% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead583%
Co-led117%

Team

Steeve Robitaille

Co-Managing Partner