Multi-Family Office

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Zola Global

Zola Global was established in 2020 by Igor Gimelshtein, a former CFO of MedReleaf. The firm operates as a multi-family office that supplies patient capital to...

Zola Global logo

Zola Global

Zola Global was established in 2020 by Igor Gimelshtein, a former CFO of MedReleaf. The firm operates as a multi-family office that supplies patient capital to venture and private equity investments. It focuses on early-stage deployments across healthcare services, digital health, cannabis and psychedelics, media and entertainment, energy transition and renewables, and climate technology. Capital is deployed in North America, Africa, Asia, the Middle East and Central Asia, and South America. The firm also lists consumer technology among its areas of interest. Team members include Andreas Muhlbauer as business partner and manager of Zola Global Investors Ltd., Rob McLay as former vice president who left in 2024 to start Azalea Fund, and Nicholas Vita as co-investor and CEO of Columbia Care. No additional offices or headcount figures are disclosed. The structure centers on direct operational involvement with portfolio companies rather than passive fund commitments.

General information

Firm type

Multi Family Office

Year founded

2020

Location

Region

North America

Country

Canada

City

Toronto

Corporate office

Toronto, Canada

Principals

Igor Gimelshtein

Founder and Principal

Andreas Muhlbauer

Business Partner

Rob McLay

Business Partner

Nicholas Vita

Co-Investor

Sector focus

Cannabis & PsychedelicsDigital HealthHealthcare ServicesMedia & EntertainmentEnergy Transition & RenewablesClimateTech

Frequently asked questions

Who runs investment decisions at Zola Global?

Igor Gimelshtein serves as founder and principal. Andreas Muhlbauer acts as business partner managing Zola Global Investors Ltd.

What investment stages does Zola Global target?

The firm targets early-stage opportunities in venture and private equity formats.

Which regions does Zola Global invest in?

Investments span North America, Africa, Asia, the Middle East and Central Asia, and South America.

Does Zola Global participate in fund commitments or direct deals?

The firm deploys capital directly into startups and private equity opportunities alongside management teams.

How is Zola Global related to Columbia Care?

Nicholas Vita, CEO of Columbia Care, has partnered with Zola on multiple investments.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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