Montreal, October 4, 2023 – Cycle Capital, a leading ClimateTech venture capital investment platform, is pleased to announce the addition of two new strategic advisors. Mark Little, Suncor’s former President and CEO and Raj Singh, former Executive Vice President at Marvell Semiconductor, have joined the firm to increase the investment teams’ expertise in industrial scaling up and microelectronics, a key component of Cycle Capital’s Fund V’s investment thesis.

 

“We are delighted that Mark and Raj have joined Cycle Capital. Both Mark and Raj bring a strong combination of executive leadership and energy and microelectronics sector experience to the firm,” said Andrée-Lise Méthot, Founder and Managing Partner of Cycle Capital. “Mark will support Cycle Capital in expanding its presence in Alberta, a base for Canada’s leading energy companies, and Raj’s addition will help Cycle Capital reinforce its expertise in semiconductors and continue to expand its presence in the United States.”

 

Mark Little, based in Calgary, served 14 years at Suncor between 2008 and 2022 before becoming the Co-Founder and CEO at Jotson, a climatetech company that helps households manage energy consumption, costs and emissions. Mark has a Bachelor of Science (B.Sc.) in Computer Science from the University of Calgary, a Bachelor of Applied Petroleum Engineering Technology from SAIT, and he completed the Advanced Management Program at Harvard Business School in 2015.

Meanwhile, Raj Singh, was previously executive vice president of the processors business group at Marvell Semiconductor and  joins the Cycle Capital team from San Francisco, California. He has over four decades of executive experience in technology, specializing in the semiconductor industry, including as CEO of Wavesat, a semiconductor manufacturing company that Cavium Networks acquired. Alongside his current role, Raj is the founder of Banchory LLC – an advisory tech consultancy firm –  and a member of the board of directors at Kandou in Switzerland.

 

About 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 .

 

Catherine Bérubé +1 514 629-1022  / [email protected]