Upper Canada Equity Fund
Email: eoin@uppercanadaequityfund.ca
Website: http://uppercanadaequityfund.ca/
Phone: 613-967-9382
Office Headquarters Address:
280 Main St, Suite 103 Picton, ON, K0K 2T0
Background
Year Founded: 2015
Description: Upper Canada Equity Fund is an early-stage equity investment fund that co-invests in innovative enterprises to deliver financial and social returns. Unlike traditional venture capital firms that work towards an exit or the sale of a company to gain a return, Upper Canada Equity Fund deploys patient capital through a unique private-public investment model with the goal of building enterprises that boost rural economic diversification and contribute to sustainable development.
Fund Characteristics
Upper Canada Equity Fund
AUM: $5 million
Vintage year: 2017
Fund term: Evergreen
Asset class: Private equity
Investor eligibility: Institutional, Accredited
Minimum investment: $150,000
Geographic scope: Regional, Eastern Ontario
Committed capital: $3.5 million
Average investment size: $250,000
Investee type: For-profit social enterprises
Investment stage: Early
Success Story
Nectar Technologies
Prince Edward County, ON | 2019
Project name: Give bees a voice
Financing: $150,000
Honey bees are a pillar of our food supply. More than $575 billion of the crops we grow depend on bees for pollination. The problem of rising bee deaths endangers our food supply. Nectar Technologies’ mission is to grow a sustainable pollinated food supply chain. Using sensors and AI, Nectar gives bees a voice and: helps beekeepers raise healthy honeybee colonies; provides specialty crop growers with analytics to optimize pollination; and provides food brands with data to build a sustainable and resilient food supply chain.
