Tech-active · Vancouver, BC
Yaletown Partners
Transforming industries through digital infrastructure, AI and automation for asset-heavy sectors.
- Cheque
- $3M to $15M
- Role
- Can lead a round
- Pace
- Deploying heavily
- Kind
- Tech-active
- Based in
- Vancouver, BC
- Vehicle size
- $100M
- Founded
- 2001
- Works in
- EN
- Last deal seen
- May 2026
- Stages
- Series A, Series B and later
Their thesis, in full
Yaletown Partners finances the Intelligent Industry thesis, namely the digital transformation of traditional sectors (energy, supply chain, industrial automation) across North America. The firm targets technology companies at Series A and B+, with cheques of $3M to $15M and a frequent lead posture. Yaletown mobilizes a deep network of industrial customers (utilities, mining, manufacturers) to accelerate go-to-market for portfolio companies. Innovation Growth Fund III had a $100M first close in July 2025, with a target of $250M. Offices in Vancouver, Calgary, Edmonton, Toronto, Montreal and San Francisco.
What they bring past the cheque
- Industrial network
- Customer intros
- Energy expertise
- Western Canada reach
- Series A lead
Questions they usually ask
Have an answer ready for each one before the first call.
- Which industrial customer would write a reference call today?
- What is the payback period on a typical enterprise deployment?
- How do you embed in an industrial customer's existing tech stack?
Follow-on
Reserves typically support one to two follow-on rounds, with Innovation Growth Fund III sized to lead Series B alongside US growth investors.
Portfolio
Names they back, most notable first.
- Photonic2026
- NanopreciseSeries B+ · 2025
- GHGSatSeries B+
- Field AISeries A
- Group14 TechnologiesSeries B+
- Elevated SignalsSeries A
- memQSeries A · 2026
Often in the same rounds
Investors seen alongside them in past rounds.
- Export Development Canada
- BDC Capital
Similar investors
Overlapping sectors and stages. Useful to build a list of 10 to 20 names for one round.
See how they fit your round
Set your stage, sector and amount once. Fractal App tells you if Yaletown Partners can lead it, tracks every follow-up, and counts the days of silence. Free, no card.
Open in the app →