Montreal and Paris, February 13, 2018 – Cycle Capital and Demeter have signed a cooperation agreement aimed at reinforcing their sectoral expertise and understanding of the global issues at stake in the ecological and energy transition markets. This agreement constitutes an additional asset for their investors and entrepreneurs.
For Andrée-Lise Méthot, Founder and Managing Partner at Cycle Capital: “The transition to clean energies is driving the development of new technologies, on international markets. This cooperation agreement will enable our investors and portfolio companies to benefit from an even wider network of strategic international professionals and our organizations to fully leverage our respective strengths.”
For Stéphane Villecroze, Managing Partner at Demeter: “We are delighted with this cooperation agreement between our two management companies which share a common vision and culture. Our primary objective is to enable the emergence of the future champions of the ecological and energy transition markets which are entering a new operational dimension.”
This cooperation agreement will share expertise in the energy transition sector, performance goals, a culture of responsibility and commitment as investors as well as proven experience in actively supporting entrepreneurs. Demeter and Cycle Capital are looking forward to growing asset value, sharing human capital and eventual co-investment opportunities.
Demeter has just been selected by the City of Paris to set up and manage the Paris Green Fund, a territorial growth investment fund financing innovative and fast-growing SMEs for sustainable cities.
About Cycle Capital Management
Cycle Capital Management (www.cyclecapital.com) is an impact investor and the most active cleantech venture capital investment platform in Canada. With offices in Montreal, Toronto and Qingdao, in mainland China, and a presence in New York and Seattle, Cycle Capital holds more than $350M under management and invests across North America and China in mid-market companies that have developed technologies to reduce greenhouse gas emissions and optimize resource use and processes.
Demeter (www.demeter-im.com) is a major European player in private equity for ecological and energy transition. Its funds invest from €500K to €30M to support companies in this sector at all stages of their development: innovative startups, fast-growing SMEs and midcaps companies as well as infrastructure projects. Demeter’s team, which includes 33 people based in Paris, Grenoble, Metz and Madrid, manages €1B and has completed 120 investments in 12 years.
Head of communications and public relations, Cycle Capital Management
+1 514 629-1022
Sandra Markovic Da Rocha
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