Second independent fund of funds raised by Teralys Capital in 2014 with a final size of $375M. Mandate aimed at financing and supporting the growth of innovative Canadian enterprises granted by the Venture Capital Action Plan launched by the Government of Canada in collaboration with the Government of Québec.


Key private investors from Canada and abroad include several financial institutions, public companies from the technology sector, as well as successful entrepreneurs.


The fund is active and currently fully committed. The portfolio to date includes 20 venture capital funds focused on innovation and based in Canada, the United States and Europe. The portfolio also includes 11 co-investments into Canadian and US companies.