M

MacKinnon Bennett and Co.

20 employees

MKB is a Montreal-based merchant bank that sources, structures and manages private investments in renewable energy.

Investor insights

Sectors invested in

Software7
Energy5
Transportation3
Renewable Energy3
Turning Movement Counts2
Internet2
Mobile2
Mobile Apps2
Internet of Things2
Solar2
Artificial Intelligence2
Traffic Data Collection2
Vehicle Counting2
Software Development2
Portable Video Collection Units2
Video Analytics2
Traffic Studies2
Smart Grid Software1
Information Technology1
Enterprise Software1

Funding rounds participated in

$29M sweet spot round size

Most of their 15 investments are in rounds between $15M and $50M

Investor type

Investment Bank

Basic info

Industry

venture capital and private equity principals

Sectors

Next Generation
Smart City
Private Equity
Urban Infrastructure
Mobility
Renewable Energy
Growth Equity

Date founded

2007

Investments made

X

XNRGY Climate Systems raised undisclosed on March 20, 2023

Investors: Idealist Capital and MacKinnon Bennett and Co.

M

Mara Renewables Corporation raised $40M on May 17, 2022

Investors: Export Development Canada | Exportation et développement Canada, InvestEco Capital, Thai Union Ingredients and MacKinnon Bennett and Co.

R

Raptor Maps — Solar Software raised $22M on April 13, 2022

Investors: Data Point Capital, Congruent Ventures, ENGIE New Ventures, Blue Bear Capital, Buoyant Ventures and MacKinnon Bennett and Co.

U

Undisclosed raised $375M on February 24, 2022

Investors: Lerer Hippeau, Main Street Capital Corporation, Red Ventures and MacKinnon Bennett and Co.

B

Bluon raised $28M on January 11, 2022

Investors: Ferguson Ventures Inc, SUPERSEED Ventures, Ecosystem Integrity Fund and MacKinnon Bennett and Co.

B

Bird raised undisclosed on August 4, 2021

Investors: Relay Ventures, Sand Hill Angels, Obelysk Inc., Alate Partners and MacKinnon Bennett and Co.

U

Undisclosed raised $53M on October 30, 2020

Investors: Export Development Canada | Exportation et développement Canada, Caisse de dépôt et placement du Québec (CDPQ), Energy Impact Partners and MacKinnon Bennett and Co.

B

BBOXX raised $50M on August 27, 2019

Investors: DOEN Participaties B.V., Bamboo Capital Partners, Mitsubishi Corporation and MacKinnon Bennett and Co.

S

Sense raised $10M on July 29, 2019

Investors: Prelude Ventures, Capricorn Investment Group, Energy Impact Partners, IDO Investments - Oman Investment Authority and MacKinnon Bennett and Co.

O

Opus One Solutions from GE Digital raised undisclosed on June 24, 2019

Investors: Renewal Funds, Export Development Canada | Exportation et développement Canada and MacKinnon Bennett and Co.

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