Pre-Seed Stage Investing In Newfoundland & Labrador
We are a Venture Capital fund focused on Newfoundland and Labrador.
We invest in pre-seed innovation companies with founders who disrupt and develop their bold ideas.
Who We Are
We started Pelorus Venture Capital in 2015 because we believe in building the Atlantic Canadian ecosystem and saw unique potential in Newfoundland and Labrador.
We partner early and work closely with founders as an active advisor. We strive to be authentic and transparent in all our communication to create an aligned relationship between investor and entrepreneur.
We Manage Venture NL I & II
Venture Newfoundland and Labrador LP I and II are private venture capital funds created by Pelorus VC, the Province of Newfoundland and Labrador, BDC Capital Inc. and a number of angel investors.
Our goal is to invest in and partner with talented entrepreneurs with innovative technologies to help them commercialize their product and services, while providing venture returns for the investors.
Created in
2021
Fund size
$30M
Initial investment
$250K-500K
Stage
Pre-seed & seed
Focus
Newfoundland & Labrador, Sector Agnostic
People we backed
Team
Chris Moyer | Managing Partner
MBA, Saint Mary’s University, CMA Designation, B.Comm Dalhousie University
Chris has been with Pelorus VC since its inception in 2015. He is highly active in the Atlantic Canadian ecosystem. With 10 years at Growthworks, he has a deep background in finance and accounting.
Chris currently sits on the boards of four private, investee companies; HeyOrca, Mysa, Seaformatics, and BreatheSuite. He is also an observer on the Sequence Bio, Rally, and CoLab board. He is also an Associate with Creative Destruction Lab, one of the leading accelerators in Canada, and serves as a mentor with Propel, an Atlantic Canada based accelerator.
Sarah Murphy | Partner
BBA, St. Francis Xavier University
Sarah has a background working with early-stage startup companies, including Harbr.com and as a founder of her own construction-tech startup. She was an EIR with Propel ICT, an Atlantic Canada accelerator, and has mentored startups throughout Atlantic Canada through groups like Propel, Volta, and Creative Destruction Lab. She currently sits on the board of three investee companies; Cyno, Swiftsure, and SiftMed.
Sarah is one of the co-authors of the Gender Diversity Playbook, a collection of best practices that startup companies can use to build more diverse and stronger performing organizations.
Ed Clarke | Venture Partner
MBA, University of Ottawa, B. Comm Memorial University
Ed Clarke is an experienced entrepreneur with a particular expertise in forming global networks with technology at their core. Ed founded three companies, most recently Global Ad Source, a global advertising intelligence company which was acquired by UK-listed firm GlobalData PLC in 2018.
Greg Smyth | Venture Partner
Mechanical Engineering, Memorial University
Greg lives and works in Silicon Valley where he just finished 4 years with Tesla. During his time with Tesla he managed Supply Chain for Automotive Raw Materials, Body Structures as well as AutoPilot hardware. Prior to working with Tesla, Greg spent 10 years working in the Oil and Gas industry, most of that time with ExxonMobil. Greg is also the founder of GlobalNL, a non-profit organization building a global community of people passionate about Newfoundland and Labrador. Greg is currently building video content for YouTube and LinkedIn, focused on the mid-career pivot.
LinkedIn