Cycle Capital Appoints Rémi Fournier as Managing Partner

ClimateTech venture capital firm Cycle Capital appointed Rémi Fournier as Managing Partner and capital investor, adding the serial entrepreneur to its leadership team alongside Andrée-Lise Méthot and Claude Vachet, pulse2.com reported. The appointment serves as part of the firm’s long-term succession planning as it prepares for its next stage of growth.

Leadership Experience Across Technology Sectors

Fournier brings extensive industry experience spanning telecommunications, digital advertising, cloud computing, and software. He previously co-founded Fibrenoire and helped build the company into what Cycle Capital described as the largest fiber network in Eastern Canada prior to its successful exit. Throughout his ventures, Fournier served as Chief Revenue Officer, managing sales strategy, organizational design, product commercialization, and acquisition-driven growth.

In his investment career, Fournier has completed more than 40 investment transactions and currently serves on the boards of several high-growth technology companies. Most recently, he worked as a Partner at BDC Capital, investing through the Sustainability Venture Fund and the Climate Tech Fund, which collectively represent over half a billion dollars in capital. In 2013, he founded Pinacle Road Capital to invest family capital directly into early-stage companies and participate as a limited partner in venture capital and private equity funds. Fournier holds a bachelor’s degree in computer engineering, pursued graduate studies in industrial engineering, and holds an Executive MBA.

Fournier Joins Cycle Capital as Part of Succession

Fournier’s relationship with Cycle Capital is not new. He has been involved with the broader Cycle ecosystem since 2022, serving as an Entrepreneur in Residence at Cycle Momentum.

We are delighted to share the great news that Rémi is joining Cycle Capital. He has been part of the family since 2022 as an entrepreneur in residence with Cycle Momentum, and we are glad to see that relationship deepen. His entrepreneurial experience will bring real value to the firm and to our portfolio companies. Rémi was selected as a key part of our succession: we took great care in choosing the people who will strengthen the firm as it grows and contribute to the leadership of Cycle Capital into its next chapter.

Andrée-Lise Méthot, Founder and Managing Partner of Cycle Capital

Cycle Capital Manages Seven Funds Across Two Continents

Founded in 2009, Cycle Capital manages seven funds that invest across North America and Europe. The firm’s investment strategies span DeepTech, circularity, new materials, and WaterTech.