About Ecofuel Accelerator
Ecofuel operates a startup accelerator and venture capital fund. The accelerator works with exceptional entrepreneurs in clean technology to help build globally competitive companies. In addition to seed financing of up to $100,000, Ecofuel offers an intensive program of training workshops, networking sessions, and an experienced mentor ecosystem.
Ecofuel Accelerator Headquarter Location
1000 Sherbrooke Street West Suite 1610
Montreal, Quebec, H3A 0A6,
Latest Ecofuel Accelerator News
Jan 28, 2019
Montreal-based seed-stage cleantech VC Ecofuel Fund recently announced its second closing, bringing its total investor commitments to $40.6 million. The fund amassed an additional $10.6 million to support cleantech companies from Quebec and Eastern Canada. Ecofuel initially closed $30 million in funding December 2017, led by the same LPs. Major investors include Desjardins Capital, Investissement Québec, BDC Capital, Fonds de solidarité FTQ, Fondaction, and the Consortium de recherche et innovations en bioprocédés industriels au Québec (CRIBIQ). “We’re happy to welcome Desjardins Capital as a new investor and receive increased commitment from the Government of Quebec, one of our initial investors,” said Richard Cloutier, managing partner of the Ecofuel Fund. “It is a clear demonstration of our investors’ confidence in our model and the collaborative synergies developed with the Ecofuel Accelerator.”
Ecofuel Accelerator Team
2 Team Members
Ecofuel Accelerator has 2 team members, including current Chief Executive Officer, President, Richard Cloutier.