Anges Québec members invest $740k in Marmott Énergies
Members of angel investment network Anges Québec have invested $740,000 in Marmott Énergies Inc, a provider of geothermal energy used in residential buildings. Québec entrepreneur and investor Yves Racine led the round. Marmott, which is based in Montréal, said the proceeds of the investment will help the company to commercialize its geothermal solution for homes and apartments. Founded in 2010, Marmott is led by President Nathalie H. Tremblay. Earlier this year, Anges Québec Capital Fund, a fund established to invest alongside Anges Québec members, was recapitalized at $85 million.
16 June 2015•3 mins read
