News Summary

Celesta Capital, a Silicon Valley-based venture capital firm specializing in deep tech, has appointed Charles Lespérance as its first Canadian partner. Lespérance, previously a partner at BDC Capital’s Deep Tech Venture Fund, brings extensive experience in technology investment and structured finance. He will be based in Montréal to help Celesta source deals, make investments, and raise funds in Canada. Celesta, with $1.1 billion USD in assets and 106 companies in its portfolio, aims to leverage Canada’s research and technical workforce to expand its presence in the country. Lespérance’s hiring follows Celesta’s collaboration with McMaster University in Ontario to commercialize research. His expertise in quantum, mining, and oil and gas sectors, along with his established network, is expected to drive growth in Canada’s cooperative yet underfunded deep tech industry.