On June 10, 2026, Caisse de dépôt et placement du Québec announced its participation in nesto’s C$302 million Series E funding round, with a mix of primary and secondary capital, bringing the company’s valuation to C$1.47 billion.
This round brings together prominent new investors, including La Caisse, Fidelity Investments, PICTON Investments and Endeavor Catalyst, alongside existing investors, including Portage, Diagram, NAventures, the Fonds de solidarité FTQ and Fondaction.
Fasken advised La Caisse on this transaction with a team consisting of Marie-Josée Neveu, Guillaume Synnott, Julien Fournier, Dalia Tullio and Jean-Jerry Anty.
Jurisdiction
- Québec