Montréal, October 25, 2023 – Cycle Capital and Cycle Momentum announce the appointment of Catherine Bérubé, Partner at Cycle Capital, as the board’s new Chairperson at Cycle Momentum. Catherine will succeed Andrée-Lise Méthot, Founder and Managing Partner of Cycle Capital, who has chaired Cycle Momentum for the past nine years.
“Claude Vachet, Patrick Gagné and I are very pleased to see Catherine take on this new role, and she is the ideal person to support Cycle Momentum’s next phase of growth. She has been instrumental in delivering the new collaboration with the government of Quebec including in crafting the new Origo program.” Having been the Chairperson of the Board at Cycle Momentum for nearly a decade, Andrée-Lise Méthot adds, “I’m leaving with a sense of accomplishment and, above all, of passing on to the next generation an organization that is healthy and well-funded, with a fantastic team and a mission to develop high-quality climatetech entrepreneurs.”
Patrick Gagné, CEO of Cycle Momentum, said, “Cycle Momentum’s team and Catherine have been working together for many years. We are excited to strengthen our collaboration to help climatetech startups access capital and enable us to scale the acceleration and open innovation programs, as well as the Origo matching funding program, in the years ahead. I’d also like to highlight the scope of Andrée-Lise’s work for the climate technology ecosystem. Without her, the organization’s development would not have been the same, and I would like to thank her on behalf of the entire Cycle Momentum team and the members of our Board of Directors.”
Catherine joined Cycle Capital in 2014. Her key responsibilities for Cycle Capital have included managing the firm’s “impact investing” practice, investor relations and public affairs. She also leads Cycle Central – a climatetech Innovation hub. In addition, Catherine sits on the boards of Clean Resource Innovation Network (CRIN) and SWITCH. She is also a Member of CVCA’s Diversity and Inclusion Committee.
Cycle Capital
Cycle Capital is a leading ClimateTech venture capital platform scaling impactful, sustainable innovation. Founded in 2009, Cycle Capital invests across North America, Europe and Asia in growing companies commercializing solutions to the major ecological challenges and contributing to a net-zero transition. Cycle Capital is the founder of Cycle Momentum Accelerator + Innovation Engine. Cycle Capital has developed an ESG and impact assessment methodology integrated into the investment workflow from the pre-investment phase to the exit of the portfolio company. For more information on Cycle Capital, visit www.cyclecapital.com .
Cycle Momentum
Cycle Momentum is an accelerator and open innovation platform that brings together an international collective of entrepreneurs, investors and innovators. Our mission is to find innovative solutions to the major ecological challenges facing humanity. Member of the Cycle Capital Platform, Cycle Momentum provides entrepreneurs with training workshops, networking sessions and mentoring, and works with leading companies to stimulate technology acquisition and integration. In order to increase the impact of its programs, Cycle Momentum has brought together several local and international investment funds as part of its Circle of Partner Funds, whose members are involved with participating startups.
Cycle Momentum can count on the financial support of the Gouvernement du Quebec, Cycle Capital, Canada Economic Development for Quebec Regions, Investissement Québec, Export Development Canada, Fasken, PricewaterhouseCoopers and the TELUS Pollinator Fund for Good.
For more information on Cycle Momentuml, visit : https://cyclemomentum.com/en/