# Black Ice Capital

> Black Ice Capital is a VC fund in Toronto backing Apps, Rental and Farming. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Toronto, Canada
- Total investments: 3
- Last investment: Mar 2024
- Lead investor: 0%
- Last updated: Aug 2026

Black Ice Capital is an investment firm.

## Round sizes

| Stage | Round size |
| --- | --- |
| Venture - Series Unknown | $20M–$25M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Apps | 1 | 33% |
| Rental | 1 | 33% |
| Farming | 1 | 33% |
| Automotive | 1 | 33% |
| E-Commerce | 1 | 33% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Venture - Series Unknown | 2 | 67% |
| Series A | 1 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Sweden | 2 | 67% |
| India | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| VOI Technology | Voi is a micromobility company operating e-bikes and e-scooters in 150+ cities. EBIT-profitable since 2024. | $25M | Venture - Series Unknown | Mar 12, 2024 |  |
| Carla | Carla creates the most convenient, transparent, and simple online platform for purchasing or leasing an electric car. | $20M | Venture - Series Unknown | Jun 21, 2022 |  |
| UrbanKisaan | UrbanKisaan builds vertical farms in India and sells the produce directly to consumers via subscription based app. The farms create a positive change at every step from seed to store ensuring quality and traceability. They grow fresh veggies locally produced which are grown without using soil using 95% less water. It aims to create a sustainablefuture for farming and feed the world in a way that is good for both people and the planet.It was founded in 2017 and is headquartered in Hyderabad, Andhra Pradesh, India. | $6.4M | Series A | Jul 13, 2021 |  |

3 of 3 investments shown.

## Co-investors
- [VNV Global](https://shizune.co/investors/profile/vostok-nafta-investment) — VC Fund, 2 deals together
- [2xN](https://shizune.co/investors/profile/2xn) — VC Fund, 1 deal together
- [Balderton Capital](https://shizune.co/investors/profile/balderton-capital) — VC Fund, 1 deal together
- [BASF Venture Capital](https://shizune.co/investors/profile/basf-venture-capital) — VC Fund, 1 deal together
- [Bonnier Capital](https://shizune.co/investors/profile/bonnier-ventures) — VC Fund, 1 deal together
- [Creandum](https://shizune.co/investors/profile/creandum) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund

### Similar stage
- [Bossa Invest](https://shizune.co/investors/profile/bossanova-investimentos) — VC Fund
- [Almi Invest](https://shizune.co/investors/profile/almi-invest) — VC Fund
- [Korea Credit Guarantee Fund](https://shizune.co/investors/profile/korea-credit-guarantee-fund) — VC Fund

### Similar country
- [Almi Invest](https://shizune.co/investors/profile/almi-invest) — VC Fund
- [Chalmers Ventures AB](https://shizune.co/investors/profile/chalmers-ventures) — VC Fund
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund

## Featured in investor lists
- [Automotive Investors in Sweden](https://shizune.co/investors/automotive-investors-sweden)
- [Automotive VC Funds in Sweden](https://shizune.co/investors/automotive-vc-funds-sweden)

## FAQ

### What does Black Ice Capital invest in?

Black Ice Capital invests primarily in Apps, Rental and Farming startups, most often at Venture - Series Unknown and Series A stage. Most of the 3 investments tracked by Shizune back companies in Sweden. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Black Ice Capital's check size?

Black Ice Capital typically joins rounds of $20M–$25M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Black Ice Capital participates in.

### When did Black Ice Capital last invest?

The most recent investment recorded for Black Ice Capital closed in Mar 2024. Shizune tracks 3 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 Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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