Marius Thebault promoted as Principal
Cycle Capital and Demea Sustainable Investment, managers of the Circular Innovation Fund, announce the appointment of Marius Thebault as principal. MONTREAL, Quebec, February 2, 2026
Our mission is to empower entrepreneurs, investors and companies to scale innovative, high-performance solutions to the major challenges facing humanity.
We are financial entrepreneurs. We dream big and set our sights high, doing everything in our power to turn those dreams into reality. Along the way, we inspire our partners and collaborators to dream more, to dare more and to outdo themselves.
We’re fully invested in a mission of capital importance. For us, excellence is intrinsic to who we are.
We are genuine and fair partners. We respect our commitments and assume our responsibilities with honesty and transparency. Our relationships with partners and collaborators are founded on loyalty and solidarity, during times of hardship and in success.
A venture capital investment team that partners with ambitious entrepreneurs to build innovative, world-class clean technology companies. Founded in 2009, Cycle Capital is a leading venture capital firm that manages a platform of seven funds investing in North America and Europe. Cycle Capital has two venture growth stage funds in deployment: Cycle Capital Fund V dedicated to DeepTech: microelectronics, photonics, and digitalization, and Circular Innovation Fund dedicated to circularity and new materials. Through its Cycle H2O Fund (WaterTech) and its Cycle Momentum initiative, Cycle Capital supports the emergence of cutting-edge technologies at the seed/early stage within the ecosystem.
An accelerator and open innovation platform dedicated to clean technologies, Cycle Momentum offers entrepreneurs training workshops, networking sessions, and mentorship, and collaborates with established companies to stimulate the adoption and integration of technologies. Through its corporate programs, Cycle Momentum also fosters connections between investors and entrepreneurs to accelerate the growth of the most promising companies in the ecosystem, and manages a matching fund, the Origo Matching Program, designed to make equity investments in seed and early-stage companies.
Cycle Innovation Forum brings together entrepreneurs, investors, and industry leaders to discuss emerging technologies and opportunities and redefine the future of clean technology.
Cycle Capital’s mission is to propel innovative technologies that deliver solutions to the major challenges facing humanity. To achieve this, we work with talented entrepreneurial teams and invest in high-performing companies that generate a real, positive impact.
We do this by working with talented entrepreneurial teams and investing in companies that positively impact the environment and society.
Cycle Capital and Demea Sustainable Investment, managers of the Circular Innovation Fund, announce the appointment of Marius Thebault as principal. MONTREAL, Quebec, February 2, 2026
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