Participated · Equity · Sep 2025

Tetra Digital Group provides institutional-grade digital asset infrastructure through its subsidiaries Tetra Trust (custody) and Tetra Unity (asset orchestration). The company offers end-to-end solutions for custody, orchestration, and digital currency services with an emphasis on regulatory compliance. Tetra plans to launch a regulated Canadian fiat‑backed stablecoin in early 2026, subject to regulatory approvals, leveraging its custody infrastructure. The proposed stablecoin will be backed 1-for-1 by Canadian dollar reserves held in Canada under Canadian regulatory oversight. Tetra aims to enable reliable, institutional-grade payments and remittances at scale while maintaining Canadian regulatory and consumer-protection standards. The company is inviting additional qualified institutions to join the initiative to help shape Canadian digital payments. Tetra Trust Company is a regulated crypto custodian based in Calgary, Alberta that offers custody and key management for cryptocurrency assets including bitcoin, ether and tokenized securities. It received its Certificate of Registration from the Government of Alberta on July 5, 2021 and launched as Canada’s first qualified custodian for cryptocurrency assets. Tetra aims to provide a Canadian-based regulated custody solution to service providers, ETFs, trading platforms, investors and fiduciaries, addressing a market previously limited to U.S. providers and unregulated Canadian custodians. The company emphasizes secure key management to mitigate the risk of theft and loss. Tetra estimates the Canadian market for crypto custodial services is in the tens of billions of dollars and aims to have more than a billion dollars’ worth of assets under management by the end of 2021. Leadership cited in the announcement includes CEO Eric Richmond and board chair Jenna Kaye.

Participated · Series C · Aug 2022

Vive Crop Protection is a Toronto-based company focused on evolving crop inputs through its precision chemistry™ platform. It leverages patented Allosperse® Delivery Technology to optimize conventional and biological crop inputs for improved product performance from the jug to the field. The company is led by CEO Darren Anderson. In May 2024 Vive secured a Series C extension funding round for an undisclosed amount. Backers were not disclosed. The company says the extension will enable it to further advance its technologies and drive demand into new markets. Vive Crop Protection leverages proprietary Allosperse technology, a nanoscale, polymer-based delivery system designed to improve the targeting and performance of both synthetic and biological active ingredients. The technology is intended to enhance farmers' ROI and sustainability profiles by improving product efficacy. Over the last 18 months the company has experienced rapid growth, evidenced by new product registrations and increases in customer base and employment. Revenue has more than doubled in that period from sales of its seven EPA-registered products. The company plans to use new capital to accelerate commercial deployment of its product portfolio into new North American markets and to advance its research and development pipeline. Led by CEO Darren Anderson, Vive has also complemented its equity raise with debt financing from Silicon Valley Bank. Vive develops the Allosperse delivery system, which uses nanotechnology to wrap chemical and biological crop inputs in small polymer particles that control how active ingredients interact with their environment. By encapsulating actives, Vive enables co-mixing and co-application with fertilizers and other inputs, improving on-farm efficiency and reducing labor time. Its products are being used on 1.2 million acres in the U.S., and the company reports 2x year-on-year growth over the last four years. Vive has focused on developing a line of branded products while attracting growing interest from established ag-input players seeking differentiated, value-added applications for older chemistries. The company plans to use new funding to expand its U.S. sales team, establish distribution channels across the continental United States, and invest in research and development. Vive aims to combine chemical reliability with the benefits of biological inputs and has deliberately avoided taking strategic investors to retain control over commercialization. Vive Crop Protection is a Toronto, ON, Canada–based company that makes products to protect crops from pests. Its core technology is the patented Allosperse delivery system, which delivers active ingredients in ultra-small particles that coat leaves and improve plant penetration. The company reported receiving an additional investment to support its growth. The amount of the funding and the backers were not disclosed in the article. Vive is led by CEO Keith Thomas. The company said it intends to use the funds to accelerate its growth.