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

20

Investments

CompanyDateStageLead
JetScale AIFeb 2026SeedCo-investor
MechasysAug 2025Series ACo-investor
BioAlert SolutionsApr 2025SeedCo-investor
BioAlert SolutionsMar 2025SeedCo-investor
VoIP.msFeb 2025Buyout/LBOLead

Sector & Stage Mix

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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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