Inovia
Inovia Capital is a prominent venture capital firm based in Montreal, Canada, with a strong presence in North America and the European Union. Founded in December 2007 and led by Co-Founder and CEO Chris Arsenault, Inovia manages over $2.2 billion in assets. The firm operates offices in Montreal, Toronto, Calgary, San Francisco, London, and Abu Dhabi, focusing on building impactful technology companies. Inovia invests across all stages, from pre-seed to pre-IPO, with typical investment checks ranging from $1 million to $25 million. The firm provides capital, mentorship, and access to a global
Investing activity
Inovia appears in 1 AI deal tracked by the Lounge deals desk. The rounds are mostly Series E. The most recent is Cohere (Series E (initial close), Oct 2026).
Inovia most often invests alongside Schwarz Group, Government of Canada, Prosperity7 and Nvidia, and the companies it backs on Lounge are mostly in Foundation models.
Deals
Frequently asked questions about Inovia
What AI companies has Inovia invested in?
Inovia's AI investments include Cohere. The 1 round on Lounge are listed on this page with amounts, dates and co-investors.
Where is Inovia based?
Inovia is based in Montreal, Quebec, Canada.
What stage does Inovia invest at?
In the rounds tracked on Lounge, Inovia has invested at Series E.
Who does Inovia co-invest with?
Inovia's most frequent co-investors on Lounge are Schwarz Group (1 deal), Government of Canada (1 deal), Prosperity7 (1 deal), Nvidia (1 deal) and Bell Ventures (1 deal).
How can founders reach Inovia?
Founders on Lounge can see Inovia's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Inovia to their Investor Pipeline to track the conversation.