A Vancouver-based venture capital firm says it is “doubling down” on investments in Canadian enterprises after closing a $110-million fund built to back clean technology.
In closing its third fund, Active Impact Investments has raised its total assets under management to $180 million, more than double its previous total. Founder and managing partner Mike Winterfield said the firm’s success has come at a tough time for green financing.
U.S. President Donald Trump’s administration has been openly hostile against environmental and climate policies. The president’s move to upend trade agreements through sweeping and inconsistent tariff policies has hobbled companies’ capacity to plan and raise money.
Winterfield said his firm’s response has been to focus even
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