VC-Backed Innoventé Obtains $2M Loan
Innoventé Inc., a Québec City-based developer of technology which converts organic wastes and residues into electricity, has entered into a loan agreement with government financial institution Investissement Québec. The amount of the loan is up to C$2 million, which the company will use to acquire equipment for construction of its Saint-Patrice-de-Beaurivage project and to fund its working capital. Founded in 2004, Innoventé is currently backed by the Caisse de dépôt et placement du Québec.
14 February 2013•3 mins read
