About Third Eye Capital
Third Eye Capital, established in 2005, is a private debt fund primarily based in Toronto, Canada. It specializes in financing Conventional Debt round of companies based in Canada. Its portfolio includes 7 firms, spanning the Consumer Goods, Real Estate and Construction sectors.
As of Jan 2026, Third Eye Capital has witnessed 2 portfolio exits so far. Its most notable investments include companies like Bonterra Resources, Wabi Iron & Steel Corp and QMX Gold.
Its latest investment was a $10M Conventional Debt round in Big Eagle Services on Mar 13, 2016.
Key Metrics
Founded Year
2005
Location
Toronto, Canada
Portfolio Companies
Sectors of Investment
Stages of Investment
Conventional Debt & Venture Debt
Locations of Investment
Third Eye Capital's List of Top Investments
Third Eye Capital has a portfolio of 7 companies. Their most notable investments include Bonterra Resources and Wabi Iron & Steel Corp.Their portfolio spans across and Canada. They have invested in Consumer Goods, Real Estate and Construction, Mining, across Conventional Debt, Venture Debt stages. Here is the list of top investments by Third Eye Capital:
Key facts about Bonterra Resources
- Founded Year: 2007
- Location: Vancouver (Canada)
- Stage: Public
- Employee Count: 29 as on Jul 01, 2024
- Investors: Wexford Capital, Cormark Securities and 2 Others
- Latest Funding Round: Post IPO, Jun 12, 2025, $*****
- Highlight: Public
Manufacturer of mining equipment and iron and steel castings. It designs and manufactures loading and conveyance systems for the mining industry. The company also produces general and abrasion-resistant castings. Its integrated divisions provide a one-stop shop for various manufacturing solutions. These solutions include design and engineering, mechanical equipment manufacturing, ferrous casting production, machining services, heat-treatment services, and digital scanning and modeling. A focus on safety and sustainable manufacturing practices is integrated into its operations.
Key facts about Wabi Iron & Steel Corp
- Founded Year: 1907
- Location: Temiskaming Shores (Canada)
- Stage: Funding Raised
- Employee Count: 35 as on Jul 01, 2024
- Investors: Third Eye Capital
- Latest Funding Round: Conventional Debt, $*****
3. QMX Gold
Key facts about QMX Gold
- Founded Year: 1988
- Location: Toronto (Canada)
- Stage: Acquired
- Investors: Sprott Asset Management, Cormark Securities and 8 Others
- Latest Funding Round: Post IPO, Mar 20, 2020, $*****
- Highlight: Acquired
4. Laura
Laura is a brand of apparels and accessories for women. Product catalogue includes dresses, jumpsuits, sweaters, jackets, jeans, shorts and others. The company sells its products through offline retail stores as well as online. It is headquartered in Montreal, Quebec, Canada.
Key facts about Laura
- Founded Year: 1930
- Location: Laval (Canada)
- Stage: Funding Raised
- Employee Count: 685 as on Jul 01, 2024
- Investors: Third Eye Capital
- Latest Funding Round: Conventional Debt, $*****
Banister Pipelines is a utility construction company which offers pipe laying and pipeline network development services. Claims to operate a fleet of 200+ construction vehicles & equipment. Other services are pipeline replacements, project maintenance, emergency repairs, cathodic protection system installation, and consulting.
Key facts about Banister Pipelines
- Founded Year: 1948
- Location: Nisku (Canada)
- Stage: Funding Raised
- Investors: Third Eye Capital
- Latest Funding Round: Conventional Debt, $*****
Third Eye Capital's Investments by Stage
Third Eye Capital has made 1 investment in Conventional Debt stage with an average round size of $10M and 1 investment in Venture Debt stage with an average round size of $17.5M.Third Eye Capital's Investments by Geography
Third Eye Capital has made most investments in Canada (2).Third Eye Capital's recent investments
Third Eye Capital has not made any investment in 2026 so far.Here are the most recent investments by Third Eye Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 13, 2016 | Canada | Conventional Debt | 9668 | - | |
2012 | Canada | Venture Debt | 8156 | - | |
- | Canada | Conventional Debt | 4137 | - | |
- | Canada | Conventional Debt | 6022 | - | |
- | Canada | Conventional Debt | 2795 | - |
IPOs and Publicly Listed companies in Third Eye Capital's Portfolio
1 of Third Eye Capital's portfolio company became public - Bonterra Resources. It got listed on the Toronto Stock Exchange - Venture Exchange (TSX-V), in Mar 2009 at marketcap of undefinedHere are Third Eye Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 27, 2009 | - | - | 3523 |
Acquired companies in Third Eye Capital's Portfolio
1 company from Third Eye Capital's portfolio has been acquired. The most recent acquisition was QMX Gold in Jan 2021 by Eldorado Gold for $*****.Here are Third Eye Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 21, 2021 | 2012 | Venture Debt | 9499 |
Team profile of Third Eye Capital
Third Eye Capital has a team of 8 members including 2 Partners and 4 Principals located in Canada and Singapore.Here is a list of all team members in Third Eye Capital:
Name | Designation | Location | Contact Details |
|---|---|---|---|
Partner | Toronto | ||
Partner | Singapore | ||
Principal | Toronto | ||
Principal | Canada | - | |
Principal | Montreal | - | |
Principal | Toronto |
Co-investors of Third Eye Capital
Over the past 14 years, 7 investors have co-invested in Third Eye Capital's portfolio companies. This includes only funds.
- Invested before Third Eye Capital: Sprott Asset Management, CIBC World Markets and 2 others have invested in rounds before Third Eye Capital. There is 1 company where Sprott Asset Management has invested before Third Eye Capital and 1 company where CIBC World Markets has invested before Third Eye Capital.
- Invested after Third Eye Capital: A total of 3 investors have invested in Third Eye Capital's portfolio after their investments. Top Investors include Eldorado Gold (1 company) and Osisko Gold Royalties (1 company).
Recent News related to Third Eye Capital
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Dynacor Announces Closing of a $10 Million USD Credit FacilityYahoo•Apr 17, 2024•Dynacor, Third Eye Capital
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Ninepoint Partners Announces Partial Exit of Investments in Flagship Private Credit StrategyGlobeNewswire•Oct 17, 2023•Ninepoint, Third Eye Capital
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Ninepoint Partners Announces Successful Investment Exit in Flagship Private Credit StrategyGlobeNewswire•Aug 04, 2023•Ninepoint, Third Eye Capital, Cricket Energy
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Third Eye Capital Announces Appointment of David Steele as President and Chief Operating OfficerFinancial Post•Jul 27, 2023•Third Eye Capital, Russell Investment Group
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PesoRama’s US$20 Million Revolving Credit FacilityGlobal Legal Chronicle•Jun 22, 2023•PesoRama, SMPS Legal, Bennett Jones, Haynes and Boone and 1 other
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Ninepoint Partners and Third Eye Capital Announce Pieridae Energy’s Successful Refinancing and Early Repayment of Term LoanFinancial Post•Jun 15, 2023•Ninepoint, Third Eye Capital, Pieridae Energy, Voya Financial and 2 others
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BMO Provides $100MM Credit Facility to Support Ninepoint’s Credit FundABFJournal•Apr 28, 2023•BMO, Ninepoint, Third Eye Capital, Bye
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Third Eye Asset Management Launches TEC Credit Income Fund with Initial Close of Approximately 225 MillionCNW•Dec 02, 2021•Third Eye Capital, Davies Ward Phillips & Vineberg
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Aemetis Signs Terms Of $100 Million Of Construction And Working Capital Debt FinancingGlobeNewswire•Nov 23, 2021•Aemetis, Third Eye Capital
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Third Eye Capital Backs Management Buyout of Cricket Energy GroupCNW•Dec 02, 2020•Corporate Systems Engineering, Cricket Energy, Third Eye Capital
