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Ecofuel is a venture capital fund and accelerator dedicated to seed stage cleantech startups. Ecofuel, powered by Cycle Capital, works with entrepreneurs to help build their companies. Ecofuel Fund invests money in startups that develop and commercializes clean technologies while the Ecofuel Accelerator offers entrepreneurs a specialized and personalized program of training workshops, networking sessions, an experienced mentor ecosystem. Held twice a year, Ecofuel's accelerator is a 10-16-week program twice involving a cohort of up to six selected teams. The firm was founded in 2014 and is based in Montréal, Canada.

Investor Status
Actively Seeking New Investments
Year Founded
Primary Investor Type
Other Investor Types
Venture Capital
Primary Office
  • 1000 Sherbrooke Street West
  • Suite 1610
  • Montreal, Quebec H3A 3G4
  • Canada

+1 (514) 000-0000

Ecofuel Investments (22)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
Helios UAV 17-Dec-2017 Accelerator/Incubator Air Generating Revenue 0000000 00000000
0000000 14-Dec-2017 0000 00000 00.000 Application Specific Semiconductors Profitable 0000000 00000000
000000000000000 00 01-Dec-2017 000000000000 000.00 Biotechnology Generating Revenue 0000000 00000000
00000000 000000000 13-Jun-2017 000000000000 Environmental Services (B2B) Generating Revenue
00000 000000000000 08-Jun-2017 000000000000 0000 Wireless Communications Equipment Startup
000000 01-Jan-2017 000000000000 Energy Storage Generating Revenue
00 000000000 09-Dec-2016 000000000000 Environmental Services (B2B) Generating Revenue
0000000 14-Nov-2016 00000 00000 00.000 Application Specific Semiconductors Profitable 0000000 00000000
ARDA Power 28-Sep-2016 Accelerator/Incubator Other Energy Startup 0000000 00000000
ElectroBAC 28-Sep-2016 Accelerator/Incubator 0000 Environmental Services (B2B) Generating Revenue
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Ecofuel Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
000000000 01-Jan-2016 000 00 00000000 Completed
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Ecofuel Team (7)

Name Title Deals Funds Boards Office Contact
Richard Cloutier Managing Partner, Ecofuel Fund and President & Chief Executive Officer, Ecofuel Accelerator 0 0 Montreal, Canada
Johanne Sévigny Managing Partner, Ecofuel Fund Montreal, Canada
Olivier Gagnon-Gordillo Director of Operations, Ecofuel Accelerator Montreal, Canada
Jonathan Gagnon-Martel Analyst, Ecofuel Fund Montreal, Canada
Catherine Bérubé Head of Communications and Public Relations, Ecofuel Montreal, Canada

1 Former Team Member

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Ecofuel Co-Investors (4)

Name With Exits Lead Partner
Cycle Capital Management 3 0
Fonds Innovexport 0 0
Joseph Malcoun 0 0
Silicon Catalyst 0 0
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