Fondaction is a Quebec-based labour-sponsored investment fund created at the initiative of the CSN (Confederation of National Trade Unions). It invests retirement savings capital in Quebec companies and funds to generate positive economic, social, and environmental impacts, managing over $4 billion CAD in net assets.
They made 1 investment in the last 12 months. Average disclosed round size is $53.4M (across 19 rounds with reported amounts).
Portfolio
21
Fund Size
—
Top Stage
Unknown
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
24 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 nesto | Series E | — | Jun 2026 |
 Recharge Véhicule Électrique (RVE) | Unknown | — | Jan 2026 |
 Mechasys | Growth | $23M | Jan 2025 |
 Waste Robotics | Unknown | $7M | Sep 2023 |
 Omy Laboratoires | Series A | $11M | Apr 2023 |
 Equisoft | Unknown | $125M | Mar 2023 |
| SSollum Technologies | Unknown | $30M | Jan 2023 |
| nesto | Series C | $80M | Dec 2022 |
 Talent.com | Series B | $120M | Mar 2022 |
 Carbicrete | Series A | $12M | Jan 2022 |
 Voilà! | Series A | $13.8M | Jan 2022 |
| IInlandsis | Unknown | $130M | Jan 2022 |
 Voila | Series A | $6M | Jan 2022 |
| Talent.com | Series B | $120M | Jan 2022 |
| BBioAlert solutions | Unknown | $900K | Jan 2021 |
| BBioAlert solutions | Seed | — | Jan 2019 |
| BBioAlert | Seed | — | Jan 2019 |
| EESI Technologies | Growth | $10M | Jan 2018 |
 MY01 | Series A | $12.5M | — |
| LLithion Recycling | Unknown | $125M | — |
 Lithion | Unknown | $125M | — |
| EEntosystem | Growth | $58M | — |
 Buddha Brands | Unknown | $5.3M | — |
| LLAND DEGRADATION NEUTRALITY FUND | Unknown | — | — |
Top Co-Investors
Investissement Québec10 shared
BDC Capital4 shared
La Caisse4 shared
Idealist Capital3 shared
Fonds de solidarité FTQ3 shared
Desjardins Capital3 shared
Export Development Canada2 shared
IMM Investment2 shared
Sinovation Ventures2 shared
Azure Capital Partners2 shared
Fosun RZ Capital2 shared
GreenSky Ventures2 shared
Diagram2 shared
Portage Ventures2 shared
Endeavor2 shared
Fidelity Investments2 shared
Inovia Capital2 shared
HarbourVest Partners2 shared
Tekedia Capital1 shared
Mirova1 shared
Last updated: 20 October 2026