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Fondaction

Fondaction

Overview

Fondaction is a labour-sponsored fund that invests in Quebec businesses to help maintain and create jobs in an environment that aligns with sustainable development objectives . The firm invests in companies and organizations that contribute to fighting climate change, protecting biodiversity, reducing inequalities, and promoting social justice . As a socially responsible financial institution, Fondaction emphasizes overall performance and economic, social, and environmental accountability .

Year Founded

1996

Portfolio Companies

50

Investments

Fondaction investments
CompanyDateStageLead
NestoJun 2026Series ECo-investor
TurtlebraceMay 2026Early FundingLead
JetScale AIFeb 2026SeedCo-investor
MechasysAug 2025Series ACo-investor
DimonoffJul 2025StrategicCo-investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersQuebec
Year Founded1996

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