Draft:Justus Parmar

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  • Comment: The subject needs to demonstrate notability according to the WP:GOLDENRULE. Since press releases, interviews, passing references do not count towards this, that means this draft does not have the independent sourcing required for this. There are also some signs of AI usage, which is also not allowed. ChrysGalley (talk) 12:45, 17 May 2026 (UTC)

Justus Parmar is a Canadian entrepreneur and venture capitalist. He is the founder and chief executive officer of Fortuna Investments, a private investment and advisory firm.[1] Parmar has been cited in media reports on venture capital, space investment, uranium markets, and other investment-related topics.[2][3] In 2018, he was named to Business in Vancouver's Forty Under 40 list.[4]

Early life and education

Parmar was born in Duncan, British Columbia, on Vancouver Island. His parents immigrated to Canada from India.[5] He earned a Bachelor of Commerce from the University of Victoria.[5] He also completed private equity and venture capital studies at Harvard University.[5]

Career

Parmar founded Fortuna Investments in 2015.[1] The firm has described its work as focused on venture capital and advisory services in sectors including space technology, nuclear energy, critical metals, robotics, and clean technology.[1]

In 2023, Fortuna Investments announced an expansion into the United States with the opening of an office in Miami Beach, Florida.[1] The firm later announced additional offices in New York, Los Angeles, and Midland, Texas.[6]

In 2023, former National Football League player Frostee Rucker joined Fortuna Investments as vice president of its West Coast office.[7]

Parmar has appeared or been quoted in media coverage related to venture capital, public markets, space investment, and uranium markets. He was quoted by SpaceNews in coverage of possible public listings by space companies.[2] He has also appeared in interviews discussing the space economy and related investment themes.[8][9]

In 2025, Parmar was quoted by Reuters in reporting on the potential impact of United States nuclear energy executive orders on uranium prices and investment.[3]

Recognition

In 2018, Parmar was named to Business in Vancouver's Forty Under 40 list, which recognizes business leaders under the age of 40 for achievement, leadership, and community contribution.[4]

Philanthropy

Parmar founded the Justus Parmar Group Scholarship Foundation, which has awarded scholarships to finance students at the University of British Columbia.[4]

He has also been involved with Face of Today, a nonprofit organization focused on youth mental health, and the Fortuna Foundation, a charitable organization supporting mental health, education, financial literacy, and community initiatives.[1]

References

  1. "Fortuna Investments Announces U.S. Expansion and First Space Investment". Yahoo Finance. February 14, 2023. Retrieved 2026-05-16.
  2. "SpaceX IPO plan sets stage for a surge of other space listings". SpaceNews. December 11, 2025. Retrieved 2026-05-16.
  3. "Trump's nuclear energy orders would boost uranium prices, investments, experts say". Reuters via U.S. News. May 27, 2025. Retrieved 2026-05-16.
  4. "Justus Parmar". Business in Vancouver. December 4, 2018. Retrieved 2026-05-16.
  5. "Justus Parmar on starting something from scratch and watching it grow". The Globe and Mail. December 16, 2018. Retrieved 2026-05-16.
  6. "Fortuna Investments Expands to Midland, Texas". Yahoo Finance. July 15, 2025. Retrieved 2026-05-16.
  7. "Ex-NFL player Rucker joins Fortuna Investments as VP". Venture Capital Journal. May 9, 2023. Retrieved 2026-05-16.
  8. "It's about to be very cheap to put things in outer space". BNN Bloomberg. Retrieved 2026-05-16.
  9. "Investing in the stars: Space economy stocks to buy, avoid". Yahoo Finance. January 31, 2024. Retrieved 2026-05-16.

Category:Living people Category:Canadian businesspeople Category:Canadian venture capitalists Category:University of Victoria alumni Category:Businesspeople from British Columbia