Industrial, Clean and Energy Technology (ICE) Venture Fund

We operate on the frontier of innovation where tomorrow’s technologies are born. With deep expertise and agility, we manage $300 million in capital — investing in Canada’s most innovative technology companies, firms that are redefining how the world works by bringing digital transformation to a wide range of industries. We’re often the first institutional investor in, because we recognize opportunity when we see it.

This fund is closed to new investments and now focused on supporting existing portfolio companies.

Building the future

We help entrepreneurs with bold ideas build global companies. We support full-stack solutions — software, data and devices — because transformative change often requires a combination of technologies.

Our focus

Early-stage investment and beyond
Lead investments and reserve capital for follow-on rounds
Broad networks and alliances to help companies grow

Who this fund is for

Breakthrough innovations happen where disciplines meet. We proudly invest in entrepreneurs bringing novel solutions to where industry and enterprise applications intersect, including:

Industry

Environmental, social and governance (ESG)
Energy and electrification
Mobility, logistics & supply chain
Industrial systems
Real estate and infrastructure
Space and aerospace

Enterprise

Artificial intelligence and machine learning
Cloud computing
Data intelligence
Enterprise platforms and applications
Internet of Things (IoT) / infrastructure
Security, privacy and compliance

We’re company builders

Our team specializes in helping companies take off, providing hands-on product, marketing, sales and talent support. We work closely with entrepreneurs to understand the best ways we can help them grow into global successes.