iNovia’s New Fund Seeks Early Stage Start-ups

Montreal-based iNovia Capital just launched a $107 million venture fund, and they’re looking for suitable IT, life sciences and cleantech companies to fund in Seed and Early Stage capacities. The firm boasts a number of members with entrepreneurial experience, or as they term it, “Entrepreneurial Capital.” Startup North terms Entrepreneurial Capital as a group staffed with people with startup experience instead of ex-bankers.

Inovia also recently funded Standout Jobs to the tune of $2 million. The startup, founded in early 2007, recently launched RECEPTION, which leverages social media tools for use in online recruiting systems and to showcase company cultures, at the DEMO 08 conference.