Mysa’s $20.3 Million Series B Funding Round

Fasken Martineau DuMoulin LLPadvised Cycle Capital Management in connection with this transaction.

Cycle Capital Management, an impact investor and a leading private cleantech venture capital investment platform with $0.5 billion under management, closed Mysa’s $20.3 million Series B equity funding round led by Cycle Capital. Mysa’s mission is to fight climate change by creating energy-efficient smart thermostats for electric home heating and cooling.

Co-investor Round13 Capital, through its Earth Tech Fund, Climate Innovation Capital and BDC’s Cleantech Practice, as well as existing investors Export Development Canada and Killick Capital also joined Mysa’s mission to fight climate change through the continued development of market-leading energy efficiency hardware and software, the creation of future-focused Demand Response solutions for electrical utilities, and the expansion of Mysa’s marketing and distribution channels on an international scale.

The Fasken team included Antonella Penta (Picture), Véronique Harvey-Bertrand and Anthony Sylvain. 

Involved fees earner: Véronique Harvey-Bertrand – Fasken Martineau; Antonella Penta – Fasken Martineau; Anthony Sylvain – Fasken Martineau;

Law Firms: Fasken Martineau;

Clients: Cycle Capital Management;

Sonia Carcano

Author: Sonia Carcano