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Innovacorp

Venture CapitalActive

Innovacorp, an early-stage venture capital firm, helps knowledge-based startups commercialize their technologies in the global marketplace.

Halifax, CanadaFounded 1995innovacorp.ca/
171
Investments
4
Exits
$250M
AUM
2.3%
Exit Rate

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Investment Thesis & Strategy

Innovacorp is an early-stage venture capital firm that invests in fintech, information services, internet, and search engine companies, helping them commercialize their technologies in the global marketplace.

Investment Activity

Deals per year over the last 8 years

1
2015
0
2016
2
2017
1
2018
1
2019
0
2020
3
2021
4
2022

Portfolio Companies

Selected investments from their portfolio of 171 companies

U
Ulu
Consumer · Seed, 2022
Active
S
Swiftsure Innovations
Other · Seed, 2022
Active
D
DeNova Sciences
Biotech · Seed, 2022
Active
P
Poseidon Marine Technologies
Cleantech · Seed, 2022
Active
D
Denarius Metals
Other · Series A, 2021
Active
C
Cerebra Health
Healthcare · Series A, 2021
Active
V
Vena Medical
Healthcare · Series A, 2021
Active
M
Mara Renewables Corporation
Biotech · Growth, 2019
Active
A
Adaptiiv Medical Technologies
Healthcare · Series A, 2018
Active
S
Side Door
Marketplaces · Seed, 2017
Active
S
Symphony.ai
AI/ML · Growth, 2017
Active
S
SkySquirrel Technologies
Other · Seed, 2015
Active

Notable Exits

CompanyTypeYearValue / Acquirer
CarbonCure TechnologiesAcquisition2024
VerafinAcquisition2021$2.75B
Cevian Design SolutionsAcquisition2017
Eye-DAcquisition2016

Frequently Asked Questions

Innovacorp focuses on Series A, Series B, Series C+ stage investments.

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