Active Impact Investments
Active Impact Investments is Canada's largest climate tech seed fund, managing over $140M across three funds to invest in and actively support early-stage, capital-efficient climate technology companies across four verticals: clean energy, infrastructure, sustainable food, and circular economy.
- Company typePrivate
- Founded2017
- HeadquartersNorth Vancouver, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Active Impact Investments does
Active Impact Investments is a North Vancouver-based venture capital firm that operates as Canada's largest climate tech seed fund, with over $140 million in assets under management across three successive funds (Fund I, Fund II, Fund III). The firm invests in early-stage, capital-efficient climate technology companies that are market-ready and deliver measurable environmental impact, organized around four thematic verticals: Clean Energy & Transportation, Infrastructure & Carbon Solutions, Sustainable Food & Water, and Circular & Sharing Economy. Active Impact has made 37 investments across its portfolio and achieved 7 exits as of December 2024, with portfolio companies having collectively mitigated 1 million tonnes of CO2 equivalent emissions.
The firm's core product is active, hands-on post-investment support — including sales coaching, talent placement, fundraising assistance, founder summits, and monthly Active Academy sessions — delivered through a global network of operators and investors. This support model is built around a 10-person specialized team led by Managing Partner Mike Winterfield, with additional Partners Tom, Sam, and Sophie (promoted December 2025), and operational leadership including Kelley MacDonald (VP Operations) and Imran Jiwa (VP, Impact & Finance). Active Impact does not develop proprietary technology; its value creation is entirely through capital deployment and high-touch portfolio services.
Revenue is generated through standard VC fund economics: approximately 2% annual management fees on committed capital plus 20% carried interest on profits above the preferred return threshold. Fund III closed at $110 million in July 2025 — nearly double Fund II — with co-anchor institutional backing from Northleaf Capital and Fondaction, and additional participation from Boann, Co-operators, Deloitte Ventures, InBC, EDC, and Vancity. The firm is B Corp certified (top 10% global score) and received the 2023 Foresight Canada Cleantech Innovation Funder of the Year award. Recent portfolio investments span heat pumps (Jetson), AI grid intelligence (ThinkLabs AI), electric motorcycles in East Africa (Zeno), mushroom mycelium food tech (Maia Farms), wildfire prevention (Skyward Wildfire), and modular housing (CABN).
Active Impact Investments firmographics
Firmographics- Name
- Active Impact Investments
- Legal name
- Active Impact Investments Management Inc.
- Website
- https://www.activeimpactinvestments.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Active Impact Investments is Canada's largest climate tech seed fund, managing over $140M across three funds to invest in and actively support early-stage, capital-efficient climate technology companies across four verticals: clean energy, infrastructure, sustainable food, and circular economy.
- Ownership category
- akta.pro rank
Active Impact Investments industry classification
Industry- Product category
- Climate Tech Venture Capital
- NAICS
- Portfolio Management and Investment Advice (52394), Funds, Trusts, and Other Financial Vehicles (525), Other Investment Pools and Funds (5259)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Climate / Clean Tech & Decarbonization Funds (FSANAJAA)
- akta.pro secondary industries
- Renewable Energy & Energy Transition Funds (FSANAJAB), Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG)
Keywords
Where Active Impact Investments is headquartered
LocationHeadquarters
- HQ city
- North Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Active Impact Investments business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others, Infrastructure
Revenue model
- Fund Management - Management Fees: VC funds typically charge 2% management fees on committed capital during the investment period
- Fund Management - Carried Interest: Standard VC fund structure with carried interest (typically 20%) on profits above the preferred return threshold, paid to the GP upon successful exits
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Active Impact Investments product offering
Product offeringCore offering
Active Impact Investments is Canada's largest climate tech seed fund, managing three venture capital funds (Fund I, Fund II, and Fund III at $110M) that provide seed-stage equity capital to early-stage climate technology companies across four thematic verticals: Clean Energy & Transportation, Infrastructure & Carbon Solutions, Sustainable Food & Water, and Circular & Sharing Economy. Beyond capital deployment, the firm delivers hands-on post-investment support including sales coaching, talent placement, fundraising assistance, monthly coaching calls, Active Academy sessions, and founder summits accessed through a global network of operators and investors.
Product overview
Active Impact Investments is a Canadian climate tech venture capital firm offering fund management products rather than traditional technology products. The company manages three VC funds (Fund I, Fund II, and Fund III at $110 million) that provide seed-stage investment to climate technology companies across four thematic verticals: Clean Energy & Transportation, Infrastructure & Carbon Solutions, Sustainable Food & Water, and Circular & Sharing Economy. Their offering consists of capital deployment and active portfolio support services rather than a distinct technology product or software platform.
Differentiator
Problem solved
Functional benefit
Brands
- Fund I: First fund focused on early-stage climate tech investments, invested in 15 companies
- Fund II
- Fund III
Products and services
- Fund I Active Impact Investments' first venture capital fund, providing seed-stage equity capital to early-stage climate technology companies across the firm's four thematic verticals (Clean Energy & Transportation, Infrastructure & Carbon Solutions, Sustainable Food & Water, Circular & Sharing Economy). Targeted at founders of capital-efficient, market-ready climate companies with immediate customer ROI, paired with hands-on sales, talent, and fundraising support. Invested in 15 companies, achieving 11X average revenue growth.
- Fund II Active Impact Investments' second venture capital fund, providing seed-stage equity capital to early-stage climate technology companies. Raised over $60M (hard cap) from institutional LPs including First West Credit Union, University of Victoria, Toronto Atmospheric Fund, Hamilton Community Foundation, Fondaction, EDC, Genus Capital Management clients, and Rally Assets. Invested in 17+ companies, with 69% of portfolio companies at least doubling revenue YoY in 2023 and 37% growing revenue 3X+.
- Fund III Active Impact Investments' third venture capital fund, providing seed and Series A equity capital to early-stage climate technology companies. Final close at $110M in July 2025, nearly double Fund II. Co-anchored by Northleaf (lead) and Fondaction, with additional institutional backing from Boann, Co-operators, Deloitte Ventures, InBC, Vancity, and Export Development Canada. Plans 25 new investments plus follow-on capital for top performers.
- Active Academy A post-investment education and capability-building program for Active Impact's portfolio company founders, complementing monthly coaching calls, founder summits, and global network access. Designed to support founders in the three core areas the firm focuses on: sales, talent, and fundraising.
Quantifiable outcome
- Portfolio companies achieved 11X average revenue growth (Fund I)
- +4 more outcomes
Companies that use Active Impact Investments
Customer profileNamed customers6 records
Segments2 records
Ideal customer profiles2 records
Active Impact Investments technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Active Impact Investments partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered supporting.
- Fort Capital PartnerssupportingSponsor of Canadian Climate Capital Summit hosted by Active Impact
- CartasupportingSponsor of Canadian Climate Capital Summit
- OslersupportingSponsor of Canadian Climate Capital Summit
- McCarthy TetreaultsupportingSponsor of Canadian Climate Capital Summit
- RBCxsupportingSponsor of Canadian Climate Capital Summit
- MNPsupportingSponsor of Canadian Climate Capital Summit
Scale indicators18 records
Recent moves6 records
Expansion highlights6 records
Active Impact Investments competitors and assessment
Company assessmentDirect peers
- Chrysalix Venture Capital: Vancouver-based venture firm investing in early-stage cleantech and industrial innovation. Direct peer as a Canadian-headquartered climate tech VC with overlapping sectors and a long-standing track record.
- InvestEco Capital: Canadian sustainable food and agriculture VC investing in early-stage companies. Comparable to Active Impact's Sustainable Food & Water vertical and as another Canada-based sustainability-focused seed investor.
- Renewal Funds: Vancouver-based impact VC investing in early-stage sustainable food and circular economy companies. Directly comparable as a Canadian sustainability-focused seed fund operating in overlapping verticals (sustainable food, circular economy).
- Congruent Ventures: US-based early-stage venture firm investing across climate tech, sustainable infrastructure, and decarbonization. Directly comparable to Active Impact as a seed-stage climate tech investor with hands-on operational support, and recently co-led the Zeno Series A alongside Active Impact.
- Obvious Ventures: San Francisco-based impact VC backing companies addressing planetary, health, and economic problems. Comparable to Active Impact as a thesis-driven early-stage investor in climate and sustainability.
- Lowercarbon Capital: US-based climate tech VC backing early-stage companies reducing CO2 across energy, industry, and nature. Highly comparable to Active Impact's seed-stage climate tech mandate and co-invested with Active Impact in Zeno's Series A.
- Cycle Capital: Montreal-based cleantech venture capital platform investing across North America in clean tech and decarbonization. Directly comparable to Active Impact as a Canadian cleantech VC investing in early to growth-stage climate solutions.
Broad incumbents
- Energy Impact Partners: Large global VC/PE firm co-founded with major utilities investing across the energy transition value chain. Broader incumbent that competes for climate tech deals across stages and offers a global LP and utility network.
- Breakthrough Energy Ventures: Bill Gates-backed multi-billion-dollar climate tech investment fund deploying capital across the full lifecycle. Broader incumbent operating at much larger scale; competes for the same climate tech deals at the seed/Series A boundary.
- BDC Capital (Climate Tech Fund): Canadian development bank's venture arm with dedicated climate tech funds. Comparable as a Canadian institutional capital provider in climate tech, though with much broader mandate and balance sheet.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Active Impact Investments social profiles
Digital presenceActive Impact Investments compliance and trust
Trust signalCompliance1 record
Active Impact Investments financial estimates
Financial estimateRevenue estimate
Valuation estimate
Active Impact Investments leadership team
Management profileNumber of profiles
Profiles11 records
Active Impact Investments funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Active Impact Investments M&A and investment
M&A and investmentM&A
Investments57 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Active Impact Investments
What does Active Impact Investments do?
Active Impact Investments is Canada's largest climate tech seed fund, managing three venture capital funds (Fund I, Fund II, and Fund III at $110M) that provide seed-stage equity capital to early-stage climate technology companies across four thematic verticals: Clean Energy & Transportation, Infrastructure & Carbon Solutions, Sustainable Food & Water, and Circular & Sharing Economy. Beyond capital deployment, the firm delivers hands-on post-investment support including sales coaching, talent placement, fundraising assistance, monthly coaching calls, Active Academy sessions, and founder summits accessed through a global network of operators and investors.
Is Active Impact Investments a public or private company?
Active Impact Investments is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Active Impact Investments founded?
Active Impact Investments was founded in 2017. It employs 1 to 10 people.
Where is Active Impact Investments based?
Active Impact Investments is headquartered in North Vancouver, Canada, in the North America region.
How does Active Impact Investments make money?
Two revenue lines are on record. Fund Management - Management Fees are the primary driver. The others are fund Management - Carried Interest.
Who are Active Impact Investments's main competitors?
Direct peers on record are Chrysalix Venture Capital, InvestEco Capital, Renewal Funds, Congruent Ventures, Obvious Ventures, Lowercarbon Capital and Cycle Capital. Broad incumbents are Energy Impact Partners, Breakthrough Energy Ventures and BDC Capital (Climate Tech Fund).
Does Active Impact Investments have an API?
No public API is recorded for Active Impact Investments.
What industry is Active Impact Investments in?
Active Impact Investments's product category is Climate Tech Venture Capital. Its primary akta.pro industry code is FSANAJAA, Climate / Clean Tech & Decarbonization Funds, with a secondary code of FSANAJAB, Renewable Energy & Energy Transition Funds. Its NAICS code is 52394 and its SIC code is 6282.