About
Inovia Capital is a Montreal-based venture capital firm founded in 2007 that manages about $2.7B across early-stage venture, growth equity, a Discovery fund-of-funds program for emerging managers and the Venture Scientist Fund co-launched with Mila. In October 2026 it announced a $200M first close for Fund VI, its sixth early-stage venture fund, toward a $325M target expected by Q1 2027. Described by the firm as its first fully AI-native fund, Fund VI is denominated in US dollars and will back seed to Series A companies in North America and Europe with initial cheques of $1M to $10M. All first-close commitments came from returning LPs including La Caisse, BDC, Investissement Québec, Teralys Capital, Fonds de solidarité FTQ, CIBC and Fondaction.