Energy plan 2016-2025: Andrée-Lise Méthot on the advisory expert panel

The Minister of Energy and Natural Resources announced that Andrée-Lise Méthot, Founder and Managing partner of Cycle Capital Management (CCM), was chosen to be part of the first group of experts consulted for the development of Quebec’s next energy plan. This group is mandated to discuss the future of energy in Quebec and provide recommendations to improve Quebec’s leadership in efficiency and innovation in the energy sector.

Six other experts, from Quebec, United States and Norway, specialised in implementing energy productivity solutions and energy public services are also part of the group. Louis Carbonneau, Venture Partner at CCM and principal at Point Law Group is also part of the group.

There will be two other roundtables on renewable energy and hydrocarbons. Ultimately, the intention for this initiative is to stimulate discussion and to arrive at a consensus on a plan to extend Quebec’s leadership in renewable energy, energy efficiency and energy innovation.

To know more, subscribe to the public consultation or participate to the online discussion forum, go to www.Politiqueenergetique.gouv.qc.ca.

To watch the video recording http://webcasts.pqm.net/client/mrn/event/1346/fr/.

 

About Cycle Capital Management

A pioneer among Canadian venture capital funds focused on the clean-tech sector, Cycle Capital invests in companies developing and commercializing clean technologies and striving to reduce greenhouse gas emissions, optimizing resource use, and improving process efficiency throughout a product’s life cycle.

With assets under management of $230 million, Cycle Capital invests in Quebec and northeastern North America. Cycle Capital is composed of experienced investment professionals, strategic advisors, and industrial partners with in-depth knowledge of the sector. Cycle Capital has a special relationship with its strategic partners, notably Brookfield Renewable Energy, Rio Tinto Alcan, Cascades, Master Group, Lonza, Gaz Métro, Systemex Énergies, Aluminerie Alouette, and Hydro-Québec.

Cycle Capital Management and Desjardins-Innovatech Invest in Inocucor Technologies

Image Inocucor
Inocucor Technologies, Inc., the Montreal-based ag biotech company that develops sustainable soil, seed and plant accelerators for agriculture, today announced it has raised an interim round of investment capital from two of Canada’s leading financial groups.

Cycle Capital Management, a Montreal Cleantech venture capital fund that made its first investment in Inocucor in late 2013, led the round with participation from Desjardins Innovatech, Canada’s leading cooperative financial group with more than $200 billion in assets.

The investment will fund further commercialization of Inocucor’s patented technology, which uses fermentation similar to winemaking–employing up to an unprecedented 15 strains of compatible yeasts and bacteria–to produce powerful solutions that improve seed germination and increase crop yields.

“All eyes in agriculture are focused on biological, rather than chemical, solutions to improve yields and build healthy soils,” said Donald R. Marvin, president and CEO of Inocucor. “Cycle Capital and Desjardins are helping fund Inocucor’s important mission to create new sustainable products that help farmers feed a growing world population.”

Marvin said this investment sets the stage for the imminent launch of a major equity financing to accelerate the company’s commercialization of its second-generation cell-free bio-stimulation product targeting the production agriculture market. Proceeds from this financing may also be used to acquire complementary technologies and products currently under review by the company.

“Over the past year, we have watched Inocucor achieve several important technology and product development milestones and are very excited to continue our investment in the company to pursue its development,” said Andrée-Lise Méthot, founder and managing partner of Cycle Capital Management.

Roland Leger, Investment Manager for Desjardins Innovatech, said “We look for cutting-edge companies with game-changing technologies that have the capability to impact and transform major world markets. We found that at Inocucor and are very pleased to join this financing.”

Inocucor’s growth strategy is focused on establishing commercial partnerships that include its intellectual property as a key ingredient for new bio-stimulation and bio-protection products for large-scale production farmers. It also plans to make strategic acquisitions that will speed the commercialization of its proprietary microbial consortia technology and broaden its product pipeline.

Last September, Inocucor cemented its first commercial strategic partnership with Axter Agrosciences Inc., one of Canada’s leading providers of foliar feeding crop solutions, to develop products based on the combined action of Inocucor’s second-generation cell-free growth stimulant and Axter’s biostimulants, CropBooster® and RR SoyBooster®.

In October, Inocucor and McGill University signed a research and licensing agreement to co-produce a new class of sustainable bio-stimulant products for large-scale agriculture that have the potential to increase crop yields by at least 10 to 15 percent.

Inocucor’s first-generation product, Garden Solution®, is currently being sold to organic farmers, traditional farmers and greenhouse growers in the U.S. It has been shown to consistently speed germination and increase crop yields by an average of 10 to 15 percent. Its Aqua Solution® is sold as a water conditioner for ornamental ponds in Canada.

 

About Inocucor Technologies, Inc.

Inocucor Technologies, Inc., based in Montreal, is an ag biotech company that develops sustainable biological products for agriculture targeting the phyto-microbiome—the seeds, plants, root systems and the soil surrounding them. Inocucor’s first-generation product, Garden Solution®, employs live microbes to actively improve the health of the entire phyto-microbiome. Future generations of Inocucor products are powerful cell-free biological solutions for bio-stimulation and bio-protection in mainstream production agriculture. For more information, visit www.inocucor.com.

About Desjardins Innovatech

Desjardins –Innovatech provides capital, business network and expertise to assist companies and cooperatives in their growth, expansion, mergers, acquisitions or IPO.

About Cycle Capital Management

A pioneer among Canadian venture capital funds focused on the clean-tech sector, Cycle Capital invests in companies developing and commercializing clean technologies and striving to reduce greenhouse gas emissions, optimizing resource use, and improving process efficiency throughout a product’s life cycle. With assets under management of $230 million, Cycle Capital invests in Quebec and northeastern North America. Cycle Capital is composed of experienced investment professionals, strategic advisors, and industrial partners with in-depth knowledge of the sector. Cycle Capital has a special relationship with its strategic partners, notably Brookfield Renewable Energy, Rio Tinto Alcan, Cascades, Master Group, Lonza, Gaz Métro, Systemex Énergies, Aluminerie Alouette, and Hydro-Québec.

 

 

Source: 

Michele Wells

Michele Wells Communications

+1 303-417-0696

mwells@wellscommunications.net

Amit Srivastava joins Cycle Capital as Senior Partner

Andrée-Lise Méthot, Founder and Managing Partner of Cycle Capital Management (Cycle Capital) is pleased to announce that Amit Srivastava has joined her team as Senior Partner.

With more than 20 years of experience in venture capital, Amit brings to Cycle Capital team a very rich experience in international business development. Until recently, Amit served as Managing Partner and CEO of Entrepia Ventures. Prior to joining Entrepia in 2001, he worked for seven years at JP Morgan Chase, including four years at JP Morgan Partners (formerly Chase Capital Partners), where his responsibilities included leading venture capital investments in the electronics sector, oversight of private equity investments in India, and serving as the Portfolio Manager of a private equity portfolio of over 700 investments in the United States, Europe, Latin America and Asia, with an aggregate carried value exceeding $10 billion. He led or was a major investment team member in 17 deals where he invested a total of $114.5 million. Before he worked at JP Morgan Chase, he was a Principal for five years at Mercer Management Consulting, where he advised major global IT and communications companies on strategy, business development and operational effectiveness. Earlier in his career, he held marketing and engineering management positions during five years at Texas Instruments.

It is with pride that Cycle Capital welcomes Amit Srivastava among its team members. “To have had the privilege to work with Amit in recent years, I realize very well that he will add great value to Cycle Capital’s portfolios companies who will benefit most certainly from his knowledge of business development in foreign markets”, said Andrée-Lise Méthot. Amit Srivastava holds a Bachelor’s degree in Electrical Engineering from the Indian Institute of Technology, Kanpur, India, and a Master’s degree in Electrical Engineering from the Rensselaer Polytechnic Institute, Troy, New York, and an MBA from the Wharton School of the University of Pennsylvania. 

About Cycle Capital Management

A pioneer among Canadian venture capital funds focused on the clean-tech sector, Cycle Capital invests in companies developing and commercializing clean technologies and striving to reduce greenhouse gas emissions, optimizing resource use, and improving process efficiency throughout a product’s life cycle.

With assets under management of $230 million, Cycle Capital invests in Quebec and northeastern North America. Cycle Capital is composed of experienced investment professionals, strategic advisors, and industrial partners with in-depth knowledge of the sector. Cycle Capital has a special relationship with its strategic partners, notably Brookfield Renewable Energy, Rio Tinto Alcan, Cascades, Master Group, Lonza, Gaz Métro, Systemex Énergies, Aluminerie Alouette, and Hydro-Québec.

– 30 –

Info :    Andrée-Lise Méthot, 514 865-3620, amethot@cyclecapital.com

Enerkem partners with AkzoNobel to jointly explore development of waste-to-chemicals facilities in Europe

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FOR IMMEDIATE RELEASE 

Enerkem partners with AkzoNobel to jointly explore development of waste-to-chemicals facilities in Europe 

Enerkem Inc. (www.enerkem.com), a waste-to-biofuels and chemicals producer, today announced it has signed an agreement with AkzoNobel, a leading global paints and coatings company and a major producer of specialty chemicals, to develop a project partnership to explore the development of waste-to-chemicals facilities in Europe.

“Enerkem’s global expansion follows the launch of our waste-to-biofuels and chemicals full-scale commercial facility in Edmonton, which sent a strong signal that our technology is ready to be deployed around the world,” said Vincent Chornet, President and CEO of Enerkem. “We are pleased to work with AkzoNobel to develop new facilities and products in Europe. With our lower-cost alternative to incineration and landfilling, we help chemical producers offer more sustainable products derived from waste and renewable sources rather than petroleum and we contribute to the transition to a circular economy.”

“By making synthesis gas from waste, we will have a sustainable and cost-effective feedstock for the chemical industry which would be fully in line with our Planet Possible approach to sustainable manufacturing,” explained Peter Nieuwenhuizen, AkzoNobel’s Director of Innovation and Partnerships.

In this new project partnership, Enerkem will license its exclusive breakthrough technology to convert municipal and other waste feedstocks into chemicals. The final business structure and sites are under discussions and will be announced at a later time.

 

About Enerkem 

Enerkem makes biofuels and renewable chemicals from waste. With its proprietary technology, Enerkem converts non recyclable municipal solid waste into methanol, ethanol and other widely used chemical intermediates. Headquartered in Canada, Enerkem operates both a demonstration plant and a pilot facility in Quebec and is beginning operations at Enerkem Alberta Biofuels, its first full-scale commercial facility. The company is developing additional biorefineries in North America and globally, based on its modular manufacturing approach. Enerkem’s technology and facilities help diversify the energy mix and make everyday products greener while offering a sustainable alternative to landfilling and incineration. www.enerkem.com

About AkzoNobel 

AkzoNobel is a leading global paints and coatings company and a major producer of specialty chemicals. We supply industries and consumers worldwide with innovative products and are passionate about developing sustainable answers for our customers. Our portfolio includes well-known brands such as Dulux, Sikkens, International and Eka. Headquartered in Amsterdam, the Netherlands, we are consistently ranked as one of the leaders in the area of sustainability. With operations in more than 80 countries, our 50,000 people around the world are committed to delivering leading products and technologies to meet the growing demands of our fast-changing world.

 

Source: 

Marie-Hélène Labrie

Senior Vice President, Government Affairs and Communications

Enerkem Inc.

+1 514 875-0284, x. 231

mlabrie@enerkem.com

Eocycle signs a partnership agreement with China.

Last October Eocycle Technologies participated in a trade mission to China directed by Quebec Premier Philippe Couillard.  This visit will enable Eocycle to expand its relationship with domestic businesses in order to diversify and reinforce the quality of its international supply chain, in addition to initiating discussions with a number of partners for the transfer of patented technologies in the country.

We should again point out that Eocycle owns several patents for its transverse flux permanent magnet (TFPM) motor – generator technology, which creates at low rotational speeds a power density and torque far superior to any other commercially available technologies.

Enerkem voted in the 50 Hottest Companies in Biofuels annual list for a sixth consecutive year

Sans titre

 

Thank you!

Enerkem voted in the 50 Hottest Companies in Biofuels annual list for a sixth consecutive year

Further to the recent announcements of our entry in the China market to build waste-to-biofuels facilities in partnership with three Chinese companies, Enerkem is proud to be ranked 14th in Biofuels Digest’s annual list of the 50 Hottest Companies in Biofuels 2014-15.

The 50 Hottest Companies list recognizes innovation and achievement in the biofuels sector. The ranking is based on votes from a panel of international selectors and from subscribers of Biofuels Digest.

From all of us at Enerkem, THANK YOU!

Partnership between Cycle Capital and Qingdao City Construction Investment Group

Jinan, October 28, 2014
Participating in Quebec Premier Philippe Couillard’s 2014 Québec-China Mission, Cycle Capital Management (CCM) announced today the signing of an agreement with Qingdao City Construction Investment Group (Chengtou). In collaboration with Cycle Capital Fund III, this Chinese partner will invest in companies in cleantech sector. In counterpart, Cycle Capital will support its Chinese partner in setting up a venture capital fund in Qingdao.

Through its partnership with Qingdao City Construction Investment Group, Cycle Capital has promoted the establishment of a collaborative agreement for two companies of its portfolio, Enerkem and Eocycle in Qingdao.

“Building this type of partnership is one of the key elements to enable North American businesses in clean technology to access Asian markets with a greater probability of success,” said Andrée-Lise Méthot. She further noted that this partnership between Chengtou and Cycle Capital will provide an interesting opportunity for the portfolio companies wishing to expand and invest the Chinese market, she said.

About Cycle Capital Management 

A pioneer among Canadian venture capital funds focused on the clean-tech sector, Cycle Capital invests in companies developing and commercializing clean technologies and striving to reduce greenhouse gas emissions, optimizing resource use, and improving process efficiency throughout a product’s life cycle.

With $230 million in assets under management, Cycle Capital invests in Quebec and northeastern North America. Cycle Capital’s team is composed of experienced investment professionals, strategic advisors, and industrial partners with in-depth knowledge of the sector. Cycle Capital has a special relationship with its strategic partners, notably Brookfield Renewable Energy, Rio Tinto Alcan, Cascades, Master Group, Lonza, Gaz Métro, Systemex Énergies, Aluminerie Alouette, and Hydro-Québec.

About Qingdao City Construction Investment Group 

Founded in 2008, Qingdao City Construction Investment Group is directly owned by Qingdao municipal government. It is a China’s 3A enterprise, which is the highest level. With total assets of nearly 100 billion yuan, it has 15 core subsidiaries, covering land development, construction of the new Hongdao District, urban and rural development, tourism investment operation, municipal resource development, urban and rural financial services and other areas. Centered on the two major themes of “urban and rural infrastructure construction, and Qingdao’s tourism”, the Group plays a significant role to dedicate to the economic development of Qingdao in financing, control and integration of high-quality resources.

As a land development investment platform designated by the municipal government, Qingdao City Construction Investment Group has been innovative to improve market-oriented modes of operation in order to turn government resources into enterprises assets, enterprises assets into social capital, and social capital into enterprises capital. It has introduced a number of well-known state-owned key enterprises and municipal supporting units to accelerate the integration and development of land resources enhance land value and achieve win-win development.

The Group dedicates to promote the development of Hongdao as an important urban strategic reserve so as to construct a new northern urban district in respect of technology, culture, and ecology, including core area of 28.7 sq kilometers and oasis wetland of 22 sq. kilometers.

 

 

Source: Cycle Capital Management

Information: Guillaume Bérubé 514-282-4719

Enerkem is named in the 2014 Global Cleantech 100

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Enerkem is named in the 2014 Global Cleantech 100 

List recognizes the top private companies in clean technology 

Enerkem Inc. (www.enerkem.com), a waste-to-biofuels and chemicals producer, today announced it was named a 2014 Global Cleantech 100 company by the Cleantech Group, a global research and advisory firm focused on innovation in energy and the environment.

The Global Cleantech 100 represents the most innovative and promising ideas in cleantech. Featuring companies that are best positioned to solve tomorrow’s clean technology challenges, Global Cleantech 100 is a comprehensive list of private companies with the highest potential to make the most significant market impact.

“We are honoured to be part of this inspiring group of entrepreneurs,” said Vincent Chornet, President and CEO of Enerkem. “The launch of our first full-scale commercial facility in Edmonton was a huge milestone. As we enter global markets, we look forward to working with several communities around the world to accelerate the transition to a circular economy.”

The Global Cleantech 100 list is collated by combining proprietary Cleantech Group research data, with weighted qualitative judgments of hundreds of nominations, and specific inputs from a global 84-person expert panel. To qualify for the list, companies must be independent, for-profit, cleantech companies that are not listed on any major stock exchange.

“The Global Cleantech 100 each year provides us with invaluable insight into which companies key market players think are most likely to have a significant impact in the next 5-10 years,” said Richard Youngman, Cleantech Group’s Managing Director, Europe & Asia and creator of the program. “How the composition of the Global Cleantech 100 list changes over time is revealing of key megatrends and hot sub-sectors – and helps us all get a view on the future.”

This year, 5,995 companies from 60 countries were nominated, and were weighted and scored to create a short list of 327 companies. Short-listed nominees were reviewed by Cleantech Group’s Expert Panel, resulting in a finalized list of 100 companies from 17 countries.

The full report by Cleantech Group is available for download here.

About Enerkem 

Enerkem makes biofuels and renewable chemicals from waste. With its proprietary technology, Enerkem converts non recyclable municipal solid waste into methanol, ethanol and other widely used chemical intermediates. Headquartered in Canada, Enerkem operates both a demonstration plant and a pilot facility in Quebec and is beginning operations at Enerkem Alberta Biofuels, its first full-scale commercial facility. The company is developing additional biorefineries in North America and globally, based on its modular manufacturing approach. Enerkem’s technology and facilities help diversify the energy mix and make everyday products greener while offering a sustainable alternative to landfilling and incineration. www.enerkem.com

About Cleantech Group 

Founded in 2002, Cleantech Group’s mission is to accelerate sustainable innovation. Core to this mission is i3, an online platform that connects corporates with innovation, at scale, by allowing them to find, vet, and connect with start-ups—efficiently building an innovation pipeline. In conjunction with i3, we offer premium Advisory Services for corporates in need of expertise designing and executing strategies for sustainable innovation, and managing the pipeline created in i3. The i3 platform comes to life at our global Events, which convene corporates and start-ups, along with other players shaping the future of sustainable innovation. Cleantech Group is headquartered in San Francisco, and has offices in London and New York. www.cleantech.com

 

Sources:

Annie Paré
Director of Communication
Enerkem Inc. 
+1 514 875-0284, x. 251
apare@enerkem.com

Yvette Shirinian
Cleantech Group
+1 415 233-9712
yvette.shirinian@cleantech.com

Cycle Capital launches Ecofuel Accelerator

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Andrée-Lise Méthot, Founder and Managing Partner of Cycle Capital Management is happy to announce the launch of Ecofuel, a new accelerator for startup companies in clean technology. The accelerator will be led by Simon McDougall, who will be its new CEO & Head Coach.

The four-month acceleration program is targeted for early-stage startups and will offer a seed investment of up to $100,000 and involves an intensive program with training workshops, networking sessions and a heavy-hitting mentoring ecosystem. Participating companies will also be hosted in a dedicated facility in Montreal for the duration of the program. Ecofuel will launch its first cohort in January 2015.

“Building on the Cycle Capital investment platform, Ecofuel is a lean and mean model that is based on expert volunteers who will help prepare our entrepreneurs to build globally competitive companies, says Ms. Méthot.”

“Our objective is to help propel our entrepreneurs to build a robust and ambitious business plan to present to investors at the end of the program, says Mr. McDougall. Our model is unique: an open platform that will permit all investing members to participate in funding the companies in each cohort.”

In addition to the financial and logistical support from Cycle Capital, Ecofuel is also counting on the support and collaboration of Écotech Quebec and Sustainable Development Technology Canada (SDTC). A group of world-class and internationally experienced mentors and trainers have been recruited to support the development of the participants including: Simon Olivier, Vice President Growth, Market Strategy and Business Development at GE Canada; Jane Kearns, Senior Advisor, Cleantech at MaRS; Jean Lamarre, Managing Partner at Lamarre consultants; Alexandre Taillefer, Managing Partner at XPND Capital; and Tony Van Bommel, Senior Managing Partner, Industrial, Clean and Energy Technology Venture Fund at BDC Capital.

Applications are being accepted until November 15th at midnight; candidates can apply at ecofuelaccelerate.com.

 

About Ecofuel

Ecofuel is a startup accelerator that works with entrepreneurs in clean technology to help build globally competitive companies. In addition to seed financing of up to $100,000, Ecofuel offers its entrepreneurs an intensive program of training workshops, networking sessions, and an experienced mentor ecosystem. Participating companies will be hosted in a dedicated facility in Montreal for the duration of the program. The objective of the program is to develop entrepreneurs and help in the successful creation of companies.

About Cycle Capital Management

A pioneer among Canadian venture capital funds focused on the clean-tech sector, Cycle Capital invests in companies developing and commercializing clean technologies and striving to reduce greenhouse gas emissions, optimizing resource use, and improving process efficiency throughout a product’s life cycle. With assets under management of $230 million, Cycle Capital invests in Quebec and northeastern North America. Cycle Capital is composed of experienced investment professionals, strategic advisors, and industrial partners with in-depth knowledge of the sector. Cycle Capital has a special relationship with its strategic partners, notably Brookfield Renewable Energy, Rio Tinto Alcan, Cascades, Group M3, Lonza, Gaz Métro, Systemex Énergies, Aluminerie Alouette, and Hydro-Québec.

 

Information:

Guillaume Bérubé
514-282-4719 514-883-5948 (cell)
Web site: ecofuelaccelerate.com
Twitter: @ecofuelaccelerate

Agrisoma Announces Closing of Series A Round

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Agrisoma Announces Closing of Series A Round

Gatineau, Canada

Agrisoma Biosciences Inc. an agriculture technology company, today announced the first closing of its Series A financing round, expected to total $8 million through 2014. The funding round was led by Cycle Capital Management and included participation of BDC Venture Capital, one of Agrisoma’s current equity investors.

Steven Fabijanski, President and CEO stated, “We are very proud to include an experienced team like Cycle Capital Management as a new partner in our business. We welcome their expertise and network. We are also very excited to have one of our current equity partners BDC Venture Capital continue their support of the company as we focus on expanding our commercialization to new regions of production.”

Andrée-Lise Méthot, founder and Managing Partner of Cycle Capital has joined the Board of Directors at Agrisoma. She has been recognized as one of the most influential women in sustainable development and in the cleantech sector and a strong track record of investment in the sector. “The experience of Agrisoma team members and the quality of the technological development have convinced Cycle Capital to join this promising project for a greener economy”

In addition, Agrisoma announces the appointment of Rick Smith, Past President and CEO at Dow AgroSciences Canada Inc., to the Board as well as John Plaza, President and CEO and Founder of Imperium Renewables, an international leader in next generation biofuel production.

“I am excited to welcome our new Board members, who bring a depth of experience in financing, clean technologies, agriculture and renewable fuels. We are looking forward to drawing on their experience as we continue to grow the company.” said Fabijanski.

“Agrisoma is a great example of how BDC Capital is providing the most promising tech companies with access to the capital required to develop and commercialize innovative solutions for global markets,” stated Gary Bantle, Partner with BDC Capital.”

The funding is in support of Agrisoma’s further commercialization of Resonance® Carinata, the world’s first non-food crop that produces oil uniquely suited for biofuel production. Resonance Carinata is under commercial production in the USA and Canada and the oil has been used in the production of biodiesel, renewable diesel and biojet fuels. Resonance Carinata was used to fuel the world’s first 100% renewable biojet fuel flight that took place in Canada.

The production of Resonance Carinata is being expanded to multiple locations globally to provide a supply of sustainable, non-food oils for meeting the demand for sustainable biofuels. …2 Resonance Carinata is certified sustainable by the Roundtable on Sustainable Biomaterials (RSB), the global standard and certification scheme for sustainable biofuels. It is one of only four crops in the world to achieve that status. Resonance Carinata meal has recently received regulatory approval as an animal feed, further underscoring the value of this crop to meet the increasing demand for renewable fuel and providing meal for the production of livestock. Additionally, Resonance Carinata is grown on semi-arid farmland, creating new economic and production opportunities for growers.

About Cycle Capital Management

A pioneer among Canadian venture capital funds focused on the clean-tech sector, Cycle Capital invests in companies developing and commercializing clean technologies and striving to reduce greenhouse gas emissions, optimizing resource use, and improving process efficiency throughout a product’s life cycle. With assets under management of $230 million, Cycle Capital invests in Quebec and northeastern North America. Cycle Capital is composed of experienced investment professionals, strategic advisors, and industrial partners with in-depth knowledge of the sector. Cycle Capital has a special relationship with its strategic partners, notably Brookfield Renewable Energy, Rio Tinto Alcan, Cascades, Group M3, Lonza, Gaz Métro, Systemex Énergies, Aluminerie Alouette, and Hydro-Québec.

About BDC Venture Capital

With more than $1 billion under management and more than 25 years of industry experience, BDC Venture Capital is an investor of choice focusing on IT, health and energy/cleantech companies, as well as venture funds, with high growth potential. From seed through expansion to exit, their mandate is to help build outstanding Canadian companies, while working to create a sound financial ecosystem for Canadian technology ventures.

###

Media Contacts:

Mejda Lortie
Director, Regulatory and Government Affairs
Agrisoma Biosciences Inc.
mlortie@agrisoma.com
(819) 205 7795

 

About Agrisoma

Agrisoma Biosciences Inc. is an agricultural company that has commercialized carinata, a non-food oilseed crop designed for sustainable production of biofuels. Agrisoma sells carinata seed products under the Resonance brand name, and uses advanced crop improvement technologies to provide superior crop varieties to growers. For further information about Resonance Carinata, Agrisoma and its technology, collaborations and partnerships, please visit www.agrisoma.com.

 

®Resonance is a registered trademark of Agrisoma Bioscience, Inc. All other trademarks are those of their respective companies.

Note: Certain of the statements contained in this press release are forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.