TORONTO, Oct. 15, 2015 /CNW Telbec/ - Cycle Capital Management (CCM) Inc., a leading venture capital firm dedicated to cleantech in Canada, announced today at CIX Cleantech hosted by Canadian Innovation Exchange (CIX) its expansion with the opening of a new office in Toronto.
"With Shirley Speakman, partner at Cycle Capital at the head of this new office, we increase our presence in the cleantech market Ontario supporting our continued growth. We are committed to expanding our network with new partners, investments in new cleantech companies alongside dynamic entrepreneurs", said Andrée-Lise Méthot, founder and Managing Partner of Cycle Capital.
"Our financial support will, among other things, allow cleantech companies in Ontario to access a new source of funding. Moreover, Cycle Capital is dedicated to supporting entrepreneurs, sharing our approach and vision and actively contributing to the cleantech ecosystem here in Ontario" said Shirley Speakman, partner at Cycle Capital Management.
Cycle Capital's office in Toronto is based in the MaRS Discovery District, one of the world's largest urban cleantech innovation hubs, located in a dynamic academic, business creative and research area.
About Cycle Capital Management
A pioneer among Canadian venture capital funds focused on the clean-tech sector, Cycle Capital invests in companies developing and commercializing clean technologies and striving to reduce greenhouse gas emissions, optimizing resource use, and improving process efficiency throughout a product's life cycle.
With assets under management of $230 million, Cycle Capital, invests in Quebec and North America. Cycle Capital, based in Montreal with an office in Toronto and presence in New York and Seattle, regroups seasoned investment professionals, strategic advisors and industrial partners with in-depth knowledge of the sector. Cycle Capital has a special relationship with its strategic partners, notably Brookfield Renewable Energy, Rio Tinto Alcan, Cascades, Group M3, Lonza, Gaz Métro, Systemex Énergies, Aluminerie Alouette, and Hydro-Québec. For more information on Cycle Capital visit: cyclecapital.com.
SOURCE Cycle Capital Management
Image with caption: "Logo: Cycle Capital Management (CCM) (CNW Group/Cycle Capital Management)". Image available at: http://photos.newswire.ca/images/download/20151015_C8440_PHOTO_EN_521787.jpg
For further information: Catherine Bérubé, Head of communications and public relations, [email protected], 514-495-1022 *203, 514-629-1022