Who we are

Teralys Capital is a technology-focused fund of funds financing private venture capital funds that invest in information technology, life sciences and cleantech companies. The fund has over $700 million in capital commitments from Caisse de dépôt et placement du Québec, the Solidarity Fund QFL and Investissement Québec. Teralys Capital is also managing two existing portfolios of venture capital funds with additional assets under management of over $600 million. It is currently the largest fund of funds in Canada.

What We Do

Teralys Capital is committed to leading the Canadian technology venture capital industry towards a stronger future. With innovative strategies backed by a visionary management team, top tier partners and a fresh perspective, we understand how to invest efficiently in order to generate long lasting value and strong returns.

Teralys Capital invests principally in Québec and Canadian information technology, life sciences, and cleantech funds. Our partner funds cover the entire investment spectrum from early stage start-ups to expansion, growth and technology buy-outs. We also invest internationally, not only to benefit from favorable returns from established markets abroad, but also to support our leading technology funds and entrepreneurs here at home by extending their international reach and bringing back best practices from around the globe.

Furthermore, we are actively engaged in bolstering our already favorable environment for smart and profitable Canadian technology initiatives and further anchor our vibrant technology eco-system in the world economy.

Together with our primary partner funds and investors, Teralys Capital aims to bring strong, innovative Canadian technology companies to the forefront.

 

Why Are We Doing This?

  • We are passionate about supporting and encouraging outstanding Canadian technology entrepreneurs with powerful, game changing ideas.
  • We strongly believe that the timing is right to lead the Canadian venture capital industry towards a bright future with innovative strategies and a fresh perspective.
  • We are proactive and committed to generate positive, long term returns for our investors and build a solid investment firm.

Where We Invest

Geography

Teralys Capital invests in technology-focused funds with 75% allocated across Canada, 50% of which will be invested in Québec, and 25% internationally.

  • Que
  • Canada
  • International

Sector

Our sector allocation corresponds to the industry mix with approximately 50% in information technology funds, 25% in life sciences and 25% in cleantech and other technologies.

  • Information Technology
  • Life Sciences
  • Cleantech
 

Stage

We intend to cover the entire investment spectrum with approximately 70% of our capital targeting early stage funds and the remaining 30% in growth, expansion and technology buyout funds.

  • Venture Capital
  • Growth & Buyout

Type

Over 90% of our funds will be direct investments, and up to 10% will be secondary.

  • Direct fund investments
  • Secondary transactions

Meet Our Team

Jacques Bernier, B. Sc.
Managing Partner
jbernier@teralyscapital.com

Jacques is a highly respected venture capitalist, entrepreneur and investor who’s helped shape the Canadian technological innovation scene. Through a 30 year career of contributions to the high-tech community, he has been actively involved in more than a dozen emerging high-tech companies as Founder/CEO or angel investor as well as Senior Vice-President of the Solidarity Fund QFL.  Jacques’ widely valued wisdom and experiences continue to define, develop and implement a new approach to venture capital in Québec and abroad.

Éric Legault, MBA
Managing Partner
elegault@teralyscapital.com

Éric is a senior investment executive with over 15 years in the financing, strategic planning and structuring of high technology and new media opportunities. Prior to the creation of Teralys Capital, Éric was responsible for the venture capital program of the Caisse de dépôt et placements du Québec as a direct and fund investor. His hands-on experience, straightforward approach and creative problem solving skills make him a key ally in supporting partner funds and entrepreneurs with solid advice, original strategies and new approaches to challenges.

Luc Couture, CA, CF
Partner
lcouture@teralyscapital.com

For more than 20 years, Luc has built a solid track record in the financing, evaluation and management of technology and telecom companies. Luc’s professional integrity, clear vision and creative thinking have repeatedly proven invaluable in the resolution of complex problems and analysis of opportunities. As a Senior Investment Advisor at the Solidarity Fund QFL, Luc’s developed a respected reputation as a valuable advisor in numerous M&A and financing transactions that will be key to Teralys Capital’s efficiency and returns-focused portfolio management.

Anick Sivret, BA, CA
Vice-President Finance
asivret@teralyscapital.com

As a diligent executive at leading financial institutions the past 15 years, Anick has developed strong processes for controlling, monitoring and evaluating investments, managed legal documentation for investments & divestments and gained an extensive understanding of international taxation laws and processes. Anick provides the structured backbone for our innovative processes and initiatives.

Florian Kohler, MBA
Principal
fkohler@teralyscapital.com

Florian’s career has led him across several continents where he has been intricately involved in the due diligence, structuring and post-investment monitoring of several private equity funds. He was recently responsible for the Asian and North African portfolios at the Swiss Investment Fund for Emerging Markets (SIFEM). His international experience provides a large network of contacts from abroad and brings a fresh set of eyes in the evaluation of new investments that will prove valuable in Teralys Capital’s aim to reshape Canada’s venture capital industry.