# Idealist Capital

> Idealist Capital is a VC fund in Montréal backing Energy, Agriculture and Manufacturing. See 11 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Montréal, Canada
- Total investments: 11
- Last investment: Mar 2026
- Lead investor: 82%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/idealist-capital
- Website: https://idealist.capital

Idealist Capital is a private equity growth fund that is partnering with entrepreneurs to drive climate change.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 3 | 27% |
| Agriculture | 3 | 27% |
| Manufacturing | 3 | 27% |
| Farming | 2 | 18% |
| CleanTech | 2 | 18% |

27 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 3 | 27% |
| Venture - Series Unknown | 3 | 27% |
| Private Equity | 2 | 18% |
| Series A | 1 | 9% |
| Funding Round | 1 | 9% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| SPARK Microsystems | SPARK Microsystems is a fabless semiconductor company that is leading the way towards ultra-low power wireless communications for the Internet of Things revolution. With its patented technologies, SPARK Microsystems will bring to market a high performance wireless transceiver that allows for orders of magnitude improved power consumption andlatency while providing higher data rates than competing technologies. For more information, please visit www.sparkmicro.com. | $12.4M | Series B | Mar 23, 2026 |  |
| Solugen Global | Solugen is transforming organic farming with Azogen, a fast-release ammoniacal nitrogen fertilizer generated through a completely circular process. | $36.5M | Private Equity | Mar 17, 2026 |  |
| Mechasys | At Mechasys, a team of engineers and contractors developed together an innovative laser projector that displays construction plans in real scale directly on construction sites. Using laser positioning technologies, we project construction drawings on floors with an accuracy of 3 mm. With our system, workers no longer need to draw plans onconstruction sites. They can lay down their materials 40% faster. This, speeds up the productivity rate on construction sites, reduces the human risk and optimizes the entrepreneur's profits. | $23M | Series A | Aug 26, 2025 |  |
| dcbel | dcbel's mission is to deliver energy that lets people live a life without compromise.dcbel™ (formerly known as Ossiaco) sits at the nexus of residential solar power, electric vehicle charging, the smart home, and customer-centric utilities. The dcbel team has a proven history of rethinking energy distribution for everything from largeutility customers to distributed energy resource providers.dcbel's AI-driven sustainable technologies enable people to leverage solar energy to power their cars, their homes, and their lifestyles.dcbel has numerous worldwide patents in power electronics and power conversion and is backed by a number of globally respected investors. | $55M | Venture - Series Unknown | Mar 07, 2025 |  |
| Entosystem | Entosystem uses innovative insect farming technologies to position themselves as a dominant player in the circular agriculture economy. The company’s ecologically responsible process recycles grocery waste to produce a high value-added insect protein product intended for the animal nutrition market. The Sherbrooke company was founded in 2016 andpresently employs 6 people. | $42.9M | Venture - Series Unknown | Oct 02, 2024 |  |
| Mosaic Manufacturing | Mosaic Manufacturing provides three-dimensional printing technology solutions. It was founded in June 2014 and is based in Ontario, Canada. | $20.6M |  | Sep 18, 2024 |  |
| Parity | Parity is a software for buildings that automatically manages their energy and tracks their savings. | $19M | Series B | Jun 11, 2024 |  |
| dcbel | dcbel's mission is to deliver energy that lets people live a life without compromise.dcbel™ (formerly known as Ossiaco) sits at the nexus of residential solar power, electric vehicle charging, the smart home, and customer-centric utilities. The dcbel team has a proven history of rethinking energy distribution for everything from largeutility customers to distributed energy resource providers.dcbel's AI-driven sustainable technologies enable people to leverage solar energy to power their cars, their homes, and their lifestyles.dcbel has numerous worldwide patents in power electronics and power conversion and is backed by a number of globally respected investors. | $50M | Series B | Aug 17, 2023 |  |
| Xnrgy Climate Systems | Xnrgy Climate Systems is an engineering and manufacturing company that provides air treatment systems for data centers, and industrial institutional buildings. They provide air systems and air handlers incorporating energy recovery technologies, cooling, heating coils, fans, and humidification systems. |  | Venture - Series Unknown | Mar 20, 2023 |  |
| SPARK Microsystems | SPARK Microsystems is a fabless semiconductor company that is leading the way towards ultra-low power wireless communications for the Internet of Things revolution. With its patented technologies, SPARK Microsystems will bring to market a high performance wireless transceiver that allows for orders of magnitude improved power consumption andlatency while providing higher data rates than competing technologies. For more information, please visit www.sparkmicro.com. | $24.7M | Series B | Mar 13, 2023 |  |

10 of 11 investments shown.

## Co-investors
- [Real Ventures](https://shizune.co/investors/profile/real-ventures) — VC Fund, 3 deals together
- [Canada Growth Fund Investment Management](https://shizune.co/investors/profile/canada-growth-fund-investment-management) — VC Fund, 2 deals together
- [Cycle Capital](https://shizune.co/investors/profile/cycle-capital) — VC Fund, 2 deals together
- [Fondaction](https://shizune.co/investors/profile/fondaction) — VC Fund, 2 deals together
- [+ND Capital](https://shizune.co/investors/profile/nd-capital) — VC Fund, 2 deals together
- [ArcTern Ventures](https://shizune.co/investors/profile/arctern-ventures) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund

## FAQ

### What does Idealist Capital invest in?

Idealist Capital invests primarily in Energy, Agriculture and Manufacturing startups, most often at Series B and Venture - Series Unknown stage. Most of the 11 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Idealist Capital last invest?

The most recent investment recorded for Idealist Capital closed in Mar 2026. Shizune tracks 11 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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