Cycle Momentum

Overview

Cycle Momentum is an accelerator and open innovation platform that brings together an international collective of entrepreneurs, investors, and innovators to address major environmental challenges. As a member of the Cycle Capital platform, Cycle Momentum offers entrepreneurs training workshops, networking sessions, and mentoring, and collaborates with leading companies to stimulate technology acquisition and integration. To increase the impact of its programs, Cycle Momentum has partnered with several local and international investment funds as part of its Circle of Partner Funds, whose members are involved with participating startups. Cycle Momentum receives financial support from the Government of Quebec, the Green Fund, Cycle Capital, Canada Economic Development for Quebec Regions, Fasken, PricewaterhouseCoopers, Export Development Canada, Investissement Québec, Power Sustainable, TELUS Pollinator Fund for a Better World, Hydro-Québec, and Alice Capital. In October 2023, Cycle Momentum launched Origo, a climate technology investment program in Quebec, to support entrepreneurs developing innovative solutions. The program aims to address the challenges faced by startups in accessing funding during the pre-seed and seed stages. Cycle Momentum has invested $1.85 million in nine startups, matched through the Circle of Partner Funds, and now counts over 80 investors in the Circle of Partner Funds and 20 industrial partners in the Circle of Allies for Climate. The organization continues to grow its community to support the development of the most promising cleantech companies. Looking ahead, Cycle Momentum's ambition focuses on building partnerships with innovation zones designated by the Government of Quebec to contribute to the development of strategic sectors such as hydrogen and industrial decarbonization of heavy transport, battery value chains, transport electrification, agriculture, and mining. The organization aims to scale up its investment capacity to support even more startups at the pre-seed and seed stages and increase its international impact by establishing partnerships with industrial players and investors in the most dynamic ecosystems around the world.

Investment Focus

• Innovative solutions addressing major environmental challenges
• Technology-based products with a clear value proposition
• Uniquely owned and defensible intellectual property

Portfolio Companies