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Benoit Forcier, Senior Partner at Cycle Capital

Benoit Forcier

Senior Partner @ Cycle Capital

Montréal, Canada

Benoit Forcier is a Series B investor at Cycle Capital in Montréal focused on Sensor and Travel. Benoit (Ben) is a Senior Partner at Cycle Capital. He Attended Concordia University.

Total investments:
7
Last investment:
Lead investor:
43%

Last updated:

Industries Benoit Forcier invests in

SensorTravelRailroadLogisticsHealth Care

Stages Benoit Forcier invests in

Series BSeedVenture - Series Unknown

Countries Benoit Forcier invests in

Canada

Contacts

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Personal email
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Investment Focus

Industry

  • Sensor 1 (14%)
  • Travel 1 (14%)
  • Railroad 1 (14%)
  • Logistics 1 (14%)
  • Health Care 1 (14%)
See all 12 industries →

Stage

  • Series B 3 (43%)
  • Seed 2 (29%)
  • Venture - Series Unknown 2 (29%)

Investments

CompanyDescriptionRoundLinks
Airex Energy has successfully developed an exciting new technology for biomass torrefaction. Based on a unique patented cyclonic bed reactor, CarbonFX enables large scale biocoal production from a variety of feedstock, including woody biomass and agricultural waste. $27.4M / Series B / Mar 10, 2023
Effenco is an autotech company company specializing in heavy-duty vehicle electrification and connected mobility for the transport industry. It develops and markets its Active-Stop-Start electric hybrid technology, a system that improves the energy efficiency of heavy goods vehicles and reduces its greenhouse gas emissions by 30%. Thecompany's current technology electrifies the propulsion and on-board equipment of vocational heavy-duty trucks, using an ultracapacitor-based technology.Effenco’s technology is an electric system designed to shut down the engine of vocational trucks when they are stationary and to provide electric power to the vehicle equipment, cab and chassis accessories including the HVAC system. Their system eliminates engine to use when immobile for a new and existing heavy-duty vehicle.Effenco was founded in 2006 and is headquartered in Montréal, Quebec, Canada with operations in the United States and Europe. $7.6M / Series B / Sep 11, 2020
Flyscan develops automated, airborne, leak and threat detection services for oil and gas pipeline operators. $4.3M / Venture - Series Unknown / Aug 11, 2020
Laboratoire M2 manufactures innovative disinfection products from its proprietary platform named THYMOX TECHNOLOGY. Laboratoire M2 is also working on expanding its line of THYMOX TECHNOLOGY products and applications.the lab which has developed this technology branded as THYMOX.In order to ensure its exclusive ownership of the technology,Laboratoire M2 acquired the intellectual property rights to Thymox. The company holds Canadian and US and South-American patents on the product’s formulation and application, and has applied for patents in 40 other countries. $4.6M / Series B / May 08, 2017
Airex Energy has successfully developed an exciting new technology for biomass torrefaction. Based on a unique patented cyclonic bed reactor, CarbonFX enables large scale biocoal production from a variety of feedstock, including woody biomass and agricultural waste. $10M / Venture - Series Unknown / Mar 09, 2017
Airex Energy has successfully developed an exciting new technology for biomass torrefaction. Based on a unique patented cyclonic bed reactor, CarbonFX enables large scale biocoal production from a variety of feedstock, including woody biomass and agricultural waste. Seed
Laboratoire M2 manufactures innovative disinfection products from its proprietary platform named THYMOX TECHNOLOGY. Laboratoire M2 is also working on expanding its line of THYMOX TECHNOLOGY products and applications.the lab which has developed this technology branded as THYMOX.In order to ensure its exclusive ownership of the technology,Laboratoire M2 acquired the intellectual property rights to Thymox. The company holds Canadian and US and South-American patents on the product’s formulation and application, and has applied for patents in 40 other countries. Seed

Co-Investors

Cycle Capital

About Cycle Capital

VC Fund · Montréal, Canada

Cycle Capital is a pioneer in Canadian Cleantech venture capital fund management investing in companies at the development and commercialization stages in North America. Founded in 2009 by Andrée-Lise Méthot, Founder and Managing Partner, Cycle Capital’s Platform has become an important venture capital investor of the Cleantech industry with its 3funds totaling $230M Assets Under Management (AUM). Cycle Capital is looking to invests in promising ventures that are not capital intensive and/or that can benefit from the leverage brought by Cycle Capital extensive network of investors, strategic partners and advisors.In addition to its core investments, Cycle Capital targets companies with high growth potential – especially those with strong intellectual property, leading edge technologies and with exceptional management talent that would benefit from the firm’s network of strategic industrial partners and expert advisors. With its core investment and business expertise, Cycle Capital plays an active role adding meaningful and tangible value to its portfolio companies at all stages of their life.

Cycle Capital Contacts

NameEmailPhoneSocials
Catherine Bérubé
Catherine Bérubé Head of Communications and Public Relations
Louis Carbonneau
Louis Carbonneau Venture Partner
Amit Srivastava
Amit Srivastava Senior Partner
Andrée-Lise Méthot
Andrée-Lise Méthot Founder and Managing Partner

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FAQ

What does Benoit Forcier invest in?

Benoit Forcier invests primarily in Sensor, Travel and Railroad startups, most often at Series B and Seed stage. Most of the 7 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

How do I contact Benoit Forcier?

Public channels for Benoit Forcier include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

When did Benoit Forcier last invest?

The most recent investment recorded for Benoit Forcier closed in Mar 2023. Shizune tracks 7 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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