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Fonds de solidarité FTQ led a $22m Series A funding round in Nolk.

Synopsis

Fonds de solidarité FTQ, a capital fund, led a $22m Series A funding round in Nolk, a developer of proprietary data and analytics platform, with participation from Fondaction, EDC and Panache Ventures. "Nolk is a dynamic and visionary company with solid ESG values. Through its e-commerce model, Nolk gives a second wind into the products of local and overseas companies. With the Fonds's investment, Nolk will have the capacity to invest in new companies to develop its market and its growth," Dany Pelletier, Fonds de solidarité FTQ Executive Vice-President, Private Equity and Impact Investing.

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