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Inovia Capital backs technology startups and growth-stage companies worldwide, providing equity investments and mentorship from seed through IPO and beyond. It deploys capital across four venture funds, two growth funds, and a continuation fund, while offering strategic guidance to help portfolio companies scale, go public, or be acquired. The firm differentiates itself through a multi-stage, multi-fund platform combined with a people-first, relationship-driven approach and a commitment to diversity and inclusion. Its goal is to help founders build enduring global technology companies and generate meaningful returns through successful exits or public offerings.
Industries
Venture Capital
Company Size
51-200
Company Stage
N/A
Total Funding
$6.2B
Headquarters
Montreal, Canada
Founded
2007
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Branch Energy raises $33M to deliver AI power in weeks, not years. Piva Capital and Clean Energy Ventures lead a $33 million Series B to take Branch's Arc systems to new markets. HOUSTON, Sept. 15, 2026 (GLOBE NEWSWIRE) - Branch Energy today announced a $33 million Series B funding round led by Piva Capital and Clean Energy Ventures, with participation from Active Impact Investments and Whitecap Venture Partners, and existing investors Prelude Ventures, Zero Infinity Partners and Inovia Capital. Electricity availability has become a major constraint on growth in the American economy. Power needed for AI data centers and electrification (EVs, HVAC, advanced manufacturing, etc.) is driving energy demand up faster than the aging grid can accommodate. The traditional solution to meet new demand is to build new power plants and the wires to carry their output, which takes years. Generation projects completed in the United States now wait a median of over five years from request to connection. Branch's answer is the Arc: a proprietary, self-contained "grid in a box." Everything needed to store and deliver electricity fits inside one container about the size of a parking space: an industrial-grade battery, grid connection equipment, cooling, autonomous controls, and the software that lets Branch run it safely and securely from the cloud. Branch installs Arc on-site at commercial buildings (warehouses, hotels, factories, retail, etc.). The systems are delivered by flatbed trucks and can be installed in just two days. Branch's model enables the building owner to avoid upfront payment for the system, with Branch handling permitting, installation, insurance, and operations. Branch also becomes the retail electricity provider for the host business, locking in lower rates for future years by optimizing the battery's charge and discharge cycle. The host provides a parking-space-sized plot of land and receives guaranteed savings on their energy bill, in addition to backup power during outages. Branch's revenues come from the electricity market by dispatching the battery's stored capacity to the grid or to contracted offtakers such as hyperscalers, and shifting energy from low-cost periods at night to high-cost periods during daily evening peaks. "Hyperscalers need power, and they need it now," said Alex Ince-Cushman, Co-Founder and CEO of Branch Energy. "We can do it on the timeline of a delivery, not a construction project. Our customers don't lift a finger, don't pay a dime, and get guaranteed savings." The company is now expanding its services from Texas to Illinois, among other markets. PJM, the regional grid operator for Illinois, has recently opened a path for large energy users like data centers to connect sooner when bringing their own capacity to the grid. Branch builds the most reliable way to deploy this capacity quickly: via Arc autonomous batteries deployed across unused parking lots, behind meters that already exist, and with no new land, permits, or transmission lines required. PJM's territory holds roughly 1.2 million commercial buildings and covers 20% of US national electricity demand, representing an extraordinary market opportunity for Branch. "Grids around the country need the distributed capacity that this system can supply, especially in states with fast-growing power demand, like Texas and Illinois," said Lee Larson, Principal at Piva Capital. "Branch Energy is an essential solution for business owners to reduce their monthly electricity bill, and their optimized battery fleet reduces system-wide costs for all of us. We're thrilled to partner with Alex and the excellent team he's built at Branch on the next phase of scaling." Branch is building toward tens of thousands of Arcs across the United States under long-term capacity agreements. A fleet that size carries billions of dollars of annual revenue. "With utility-scale generation and storage challenged by interconnect and siting constraints, behind-the-meter commercial and industrial storage sites have become the ultimate market opportunity with ease of interconnect, ability to combine distributed AI data centers, and identifiable savings in rapidly growing markets," said Daniel Goldman, Co-Founder and Managing Partner of Clean Energy Ventures. "We believe the Branch Energy team has built the architecture and business model to be a multi-billion company and the leader in this emerging market." To learn more about Branch Energy's solution and inquire about their services, check out their website: https://branchenergy.com/ About Branch Energy: Branch Energy is a distributed energy company that makes it easy for commercial buildings to lower their energy bills while providing backup power at no cost. Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. Military Industry Today do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
A new funding round by property management system Guesty will propel new innovation in short-term rental operations
Moves in VC: week of august 23 - august 29. This week's Moves in VC contains 10 moves and 5 new fund announcements, compiled from 40+ sources. Icymi. Tarun Gupta left his role as a Partner at Jump Capital to join Ode with Anthropic as Head of Corporate Development. Western Venture5 Media. Aditya Singh joined Mayfield as a Partner. Aditya previously worked at Cota Capital as a General Partner. Manish Patel joined XYZ Venture Capital as a General Partner. Manish previously founded Nava Ventures. XYZ Venture Capital is an early-stage venture capital firm investing in the public sector, fintech, enterprise, climate, and tech-forgotten industries. Eylul Kayin joined Legion VC as a General Partner. Eylul previously worked at Gradient as a Partner. Legion VC is a venture capital firm focusing on AI companies. Nick Washburn left his role as a Senior Managing Director at Intel Capital and will be taking an as-yet unannounced senior operating role at a startup. Interested in having your job posting featured here? Eastern Venture5 Media. Richard Odior joined Cherryrock Capital as a Principal. Richard previously worked at Zeal Capital Partners as a Principal and Pre-seed Fund Manager. Cherryrock Capital is a venture capital firm focusing on software companies. Neal Mintz was promoted to Principal at Wischoff Ventures. Wischoff Ventures is an early-stage venture capital firm focusing on technology companies. Canada. Adam Taras was promoted to Partner at Georgian. Georgian is a venture capital firm focusing on B2B software companies. Joseph Kim left his role as a Talent Director at Inovia Capital. Joseph joined Mecka as a Talent Acquisition Director. New funds. These firms are ready to write checks, with new funds recently closed. San Francisco-based Makers Fund closed its fourth $250M fund to focus on interactive entertainment. San Francisco-based FGV Capital launched its second $35M fund to invest in fintech's intersection with AI, healthcare, commerce, and other industries. UK-based GALLOS Technologies raised $50M for its new fund supporting early-stage defense, security, and resilience companies. New Zealand-based GD1 raised $33.8M for its second fund to back New Zealand founders. Australia-based Blackbird Ventures raised $750M for its sixth fund. For emerging managers. Join over 3,000 VC professionals receiving key legal insights by Chris Harvey. Discover the "Law of VC" Substack with free checklists, forms, and guides. Stay tuned for next week's Moves in VC!
Toronto-based startup Peripheral has raised $8.7 million in seed funding co-led by Inovia Capital and Deloitte Ventures, with participation from existing backers Khosla Ventures and Entrepreneurs First. The round brings the company's total funding to $12.5 million. Founded in 2024 by Kelvin Cui and Mustafa Khan, Peripheral develops AI-powered spatial intelligence technology that transforms standard multi-camera feeds into fully navigable 3D environments for live sports. The company's neural rendering system reduces installation costs by over 90% compared to legacy volumetric capture systems. Peripheral recently demonstrated its technology for NBA and WNBA officials at the 2026 NBA Summer League through the NBA Launchpad programme. Videos showcasing the technology on Toronto Raptors social media gained millions of views. The startup will use the funding to expand its engineering team and accelerate deployments with sports leagues and stadiums. It plans to launch its first consumer-facing platform, a browser-based replay system, later this year.
Peripheral raises $8.7M co-led by Inovia Capital and Deloitte Ventures, to expand spatial intelligence platform for live sports. TORONTO-(BUSINESS WIRE)-Peripheral, the AI research lab bringing spatial intelligence to live sports media, today announced $8.7M in new seed funding co-led by Inovia Capital and Deloitte Ventures, with follow-on participation from existing backers Khosla Ventures and Entrepreneurs First, bringing total funding to $12.5M for the Toronto-based startup. "The demand for immersive, interactive sports experiences is accelerating, and the infrastructure to deliver them at scale doesn't yet exist. That's the problem Peripheral is solving. Deloitte Ventures brings deep visibility into where sports media is heading. Inovia brings the experience of building category-defining companies in North America and EU. We're proud to have both joining Peripheral as partners," said Kelvin Cui, Co-founder and CEO, Peripheral. This new capital comes on the heels of Peripheral's demo for NBA and WNBA officials at 2026 NBA Summer League as part of the NBA Launchpad program, which identifies and tests emerging technologies with the potential to transform the business and experience of professional basketball. During Summer League, several videos showcasing the technology were released on Toronto Raptors social media accounts, and the clips gained millions of views. "At Deloitte Canada, we see growing momentum toward more immersive sports experiences, and Peripheral is helping advance that shift. Their approach to volumetric capture has the potential to make high-quality immersive content more practical for leagues, broadcasters, and rights holders. We're proud to support a team focused on expanding what's possible for the future of sports media," said Jon Wolkin, Managing Director at Deloitte Ventures. "Every time you meet Kelvin and Mustafa, you leave thinking about what sports will look like in ten years. They are doing something no one else has cracked: delivering real-time volumetric video and biomechanics from a platform that works at scale," said Inovia Partner Karamdeep Nijjar. "The interest from the NBA and teams across North America speaks for itself. We are excited by the opportunity ahead." Founded in 2024 by Kelvin Cui and Mustafa Khan, Peripheral Labs is the product of years spent building self-driving cars, planes, and race cars, at Huawei, Tesla and the University of Toronto. Using AI-based reconstruction, the company's technology transforms standard multi-camera feeds into fully navigable, game-like environments, enabling immersive replays, high-fidelity player tracking, and new viewing experiences that meet young fans' demands for interactive sports content. The company's neural rendering system cuts install costs by more than 90 percent compared to legacy volumetric capture systems, dramatically reducing camera requirements. Earlier this year, Peripheral also announced a first-of-its-kind partnership with the Quantum Sports and Learning Association (QSLA), a feeder program into pro leagues, to build North America's first biomechanics basketball shooting lab. Peripheral will use the new funding to expand its engineering team and accelerate deployments with sports leagues and stadiums. Peripheral will be debuting its first consumer-facing platform, a browser-based replay system, later this year. About Peripheral Founded in 2024 by Kelvin Cui and Mustafa Khan, Peripheral turns live sports broadcasts into interactive 3D experiences. Using AI-based reconstruction, the company's tech transforms standard multi-camera feeds into fully navigable, game-like environments, enabling immersive replays, high-fidelity player tracking, and new viewing experiences that meet young fans' needs for unique, interactive sports content. Peripheral is backed by Inovia Capital, Deloitte Ventures, Khosla Ventures, Entrepreneurs First, and others, and is currently being tested by the NBA via its LaunchPad program. For more information, visit www.peripheral.so. About Inovia Capital Inovia Capital is a leading multi-stage tech investor, partnering with founders to build impactful and enduring global companies. With three investment strategies - Discovery, Venture, and Growth - the team leverages an operator-led mindset to provide founders with multi-stage support, mentorship, and access to a worldwide network. Inovia manages over US$2.5 billion with operations in Montreal, Toronto, Waterloo, Calgary, the Bay Area, London and Abu Dhabi. For more information, visit www.inovia.vc. Peripheral. Release Versions
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Industries
Venture Capital
Company Size
51-200
Company Stage
N/A
Total Funding
$6.2B
Headquarters
Montreal, Canada
Founded
2007
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