Discovery
Program

The Inovia Discovery Program is one of the 3 key pillars of our investment strategy. Dedicated to growing the tech ecosystem in North America and Europe from the ground up, it’s the foundation of our full-stack model. Today, we celebrate two years of doubling down on GP investments in North America through our Discovery Fund I!

More about our Discovery Fund I

Discovery Program at a glance

Our Discovery Program supports promising emerging fund managers and early-stage companies in North America and Europe. Through capital, strategic resources, and hands-on guidance, we help foster the next generation of great venture capital firms and tech companies.

Recognition from Forbes and CBInsights highlights the strength of our Discovery Portfolio and underscores the caliber of managers we support.

View our Portfolio Our managers in the press

Funds Supported to Date

Emerging Managers Backed to Date

1100 +

Underlying Portfolio Companies

Unicorns

Successful Exits

Our Perspectives

Emerging managers are best positioned to capture the next generation of category-defining companies.

With leaner, more agile teams, they operate on the front lines of innovation and embrace the early-stage risks that traditional funds can’t afford to take. Our fund investment team is purpose-built to back these GPs, from their formative Fund 0s and 1s all the way forward. Our investment in 23 emerging managers is a testament to our commitment and expertise in supporting the early stage of the tech ecosystem.

Discovery Program Advantages

Experienced Partners

With two decades of experience investing in our ecosystem, we know what it takes to build an established VC firm. Utilizing our expertise, we can support emerging managers in their journey from emerging to established.

Canadian Roots. Global Mindset.

Our access to a strong network of ecosystem partners and experts across North America and Europe enables us to support the best emerging managers globally.

Beyond Capital

Inovia’s Discovery Program does more than providing capital. Our team actively pursue co-investment opportunities with our portfolio GPs, make LP introductions, and provide insights and mentorship to help support our community of emerging managers.