Firms

Inovia Capital

Inovia Capital

Montreal, CA

Canada-anchored venture platform founded in 2007, with Discovery, Venture and Growth strategies supporting technology companies from pre-seed to pre-IPO in North America and Europe. Its official page reports USD 2.5 billion firm-wide AUM, observed 2026-10-06. Verified technical investments span robotics, semiconductors, quantum computing and diagnostic hardware. Thalmic/Myo is an EMG peripheral interface, without evidence of brain sensing.

Founded
—
Type
Venture capital

Funds6

  • Venture Scientist Fund—

    CoGP withMila USD100M target, noverifiedclose. Plans55+ earlyAI oftenprecompany; target not assigned as closedamount.

  • Growth Fund III$300M

    Initial close USD300M, targetUSD450M; finalclose unverified. Official2024-07-04newsletter confirms firstclose.

  • Discovery Fund I$25M

    USD25M closed, emergingmanager investments and reserves fordirectearlystage; fundoffunds distinct from directholdings.

  • Venture Fund V$325M

    USD325M closed2022; announcement2022-06-15 corroborated official2022-07-05 newsletter.

  • Growth Fund II$450M

    Historical closed2021 USD450M; date year only.

  • Growth Fund I$400M

    Historical closed2019 USD400M; date year only.

Team

John Elton
John Elton

Inovia Capital, managing_partner

$25M$500K – $50MNew York City
$3M$150K – $10MToronto, Ontario
$1M$100K – $5MBritish Columbia
$1M$100K – $5MCanada
$1M$100K – $5MHong Kong
$1M$100K – $5MLondon
$1M$100K – $5MMontreal
$1M$100K – $5MMontreal
$1M$100K – $5MMontreal
$1M$100K – $5MMontreal

Co-investing

Y Combinator
Founders Fund
Khosla Ventures
Chris Arsenault
Felicis

Investments