Investissement Quebec

Investissement Québec is a Canadian financial institution established in 1998, dedicated to supporting the growth of small and medium-sized enterprises (SMEs) as well as large companies in the province of Québec. The organization offers a variety of financing solutions and consulting services to assist businesses in their expansion projects. By combining the strengths of financial institutions and economic development agencies, Investissement Québec aims to facilitate the establishment and growth of companies within the region. The institution plays a crucial role in providing financial assistance and guidance to corporations looking to invest in Québec, thereby contributing to the local economy.

Pierre Gabriel Côté

President and CEO

Guy LeBlanc

CEO

Past deals in Quebec

Nouveau Monde Graphite

Post in 2024
Nouveau Monde Graphite Inc. is a mineral exploration company focused on the acquisition, exploration, evaluation, and development of graphite properties in Quebec, Canada. Founded in 2011 and headquartered in Saint-Michel-des-Saints, the company owns the Matawinie property, which consists of 319 mining claims covering 17,585 hectares located north of Montreal. Nouveau Monde Graphite is dedicated to developing a natural graphite-based anode material aimed at supplying the lithium-ion battery industry, thereby targeting the growing North American market for battery-grade materials. The company emphasizes environmentally responsible practices in its operations, aligning with the increasing demand for sustainable and low-impact sources of natural graphite for battery manufacturers. Its projects include the Matawinie Mine and the Battery Material Plant, positioning Nouveau Monde Graphite as a key player in the green energy transition.

Theratechnologies

Post in 2024
Theratechnologies Inc. is a biopharmaceutical company focused on developing therapeutic products primarily for HIV patients. Founded in 1993 and headquartered in Montreal, Canada, the company utilizes proprietary technologies such as Long Acting Peptides to enhance the stability of therapeutic proteins. Its lead product, tesamorelin, has completed phase III clinical trials for HIV-associated lipodystrophy and is undergoing phase II trials for mild cognitive impairment and growth hormone deficient abdominal obesity. Theratechnologies also has a preclinical product for acute kidney injury. The company markets two approved products: EGRIFTA in Canada and the United States, and Trogarzo, which is also approved for the U.S. market. It engages in various collaborations and licensing agreements, including partnerships with PDC Biotech GmbH and EMD Serono, to address additional medical needs related to HIV. The company's primary revenue source comes from RxCrossroads, a U.S.-based customer.

Nurau

Seed Round in 2024
Nurau is a Montreal-based company founded in 2020, specializing in a data-driven support application aimed at enhancing workplace productivity and reducing employee turnover. The platform offers a variety of resources including team-building exercises, group meditation, live webinars, workbooks, and on-demand content, along with chat and forum features. By addressing significant mental health challenges and providing tools for effective management, Nurau seeks to create a healthier and more supportive work environment for managers and their teams.

Epitopea

Seed Round in 2024
Epitopea is a biotechnology company focused on developing innovative immunotherapies for cancer treatment by targeting a new class of tumor-specific antigens. The company employs a proprietary approach that combines immunopeptidomics, mass spectrometry, genomics, and bioinformatics to identify conserved, aberrantly expressed tumor-specific antigens hidden within cancer's non-coding DNA. This technology aims to create therapies that effectively eliminate malignant cells while minimizing damage to healthy tissue, thereby reducing side effects and providing lasting benefits for patients. Research conducted by Drs. Claude Perreault and Pierre Thibault at the Institute for Research in Immunology and Cancer at Université de Montréal has been instrumental in the discovery of these novel antigens, known as Cryptigen™ TSAs, which are shared among patients with the same cancer type.

LeddarTech

Post in 2024
LeddarTech Inc. is a Canadian company that specializes in developing advanced detection and ranging systems, utilizing time-of-flight measurement technology with infrared LEDs. Its product offerings include smart sensor modules for various applications, such as single-element and multi-element sensor modules, LED-based traffic management sensors, and sensor evaluation kits. These solutions are designed for a wide range of applications, including advanced driver assistance systems (ADAS), autonomous driving, public safety, and industrial monitoring. LeddarTech's flagship platform, LeddarVision™, integrates multiple sensor types to create comprehensive 3D environmental models, facilitating improved perception and navigation capabilities in vehicles. The company aims to address critical sensing challenges for OEMs and automotive suppliers, helping them enhance performance while reducing development time and costs. Founded in 2007 and headquartered in Quebec City, Canada, LeddarTech maintains a research and development office in Toronto and has secured numerous patents in the field of remote sensing technologies.

Cultures Gen V

Venture Round in 2024
Cultures Gen V is a producer of diversified greenhouse vegetables, focusing on sustainable practices that respect both people and the environment. The company cultivates a variety of crops, including conventional lettuce and tomatoes, along with organic cucumbers, peppers, mini cucumbers, and tomatoes. Its operations serve markets across Quebec, Ontario, and the United States, aiming to provide high-quality produce while adhering to environmentally friendly farming methods.

LeddarTech

Post in 2023
LeddarTech Inc. is a Canadian company that specializes in developing advanced detection and ranging systems, utilizing time-of-flight measurement technology with infrared LEDs. Its product offerings include smart sensor modules for various applications, such as single-element and multi-element sensor modules, LED-based traffic management sensors, and sensor evaluation kits. These solutions are designed for a wide range of applications, including advanced driver assistance systems (ADAS), autonomous driving, public safety, and industrial monitoring. LeddarTech's flagship platform, LeddarVision™, integrates multiple sensor types to create comprehensive 3D environmental models, facilitating improved perception and navigation capabilities in vehicles. The company aims to address critical sensing challenges for OEMs and automotive suppliers, helping them enhance performance while reducing development time and costs. Founded in 2007 and headquartered in Quebec City, Canada, LeddarTech maintains a research and development office in Toronto and has secured numerous patents in the field of remote sensing technologies.

Cycle Momentum

Grant in 2023
Cycle Momentum is a Montreal-based accelerator established in 2014 that focuses on supporting cleantech startups. It is dedicated to working with entrepreneurs who develop and commercialize innovative clean technologies, aiming to cultivate globally competitive companies. The accelerator provides a tailored program that includes training workshops, networking opportunities, and access to experienced mentors. Additionally, Cycle Momentum connects these startups with investors to enhance their growth potential. By concentrating on seed-stage, early-stage, and later-stage companies, particularly in B2B, commercial transportation, energy, and cleantech sectors, Cycle Momentum plays a crucial role in fostering the development of promising Canadian ventures in the clean technology arena.

Local Logic

Series B in 2023
Local Logic is a location intelligence platform based in Montreal, Quebec, that specializes in digitizing the built environment to provide actionable insights for consumers, investors, developers, and governments. By leveraging artificial intelligence and geospatial data, the platform quantifies lifestyle and location characteristics, offering predictive analytics that inform decision-making in the real estate sector. With access to over 75 billion data points, Local Logic supports clients in the $217 trillion real estate market across the US and Canada, providing tools for urban planning and project strategy. The company collaborates with various stakeholders, including commercial real estate, travel, and media firms, to enhance the planning and development of sustainable and equitable urban spaces.

My01

Series A in 2023
MY01 Inc. is a Montreal-based company that designs and develops a digital medical device specifically for measuring muscle pressure, which is critical for diagnosing Acute Compartment Syndrome (ACS). Founded in 2015, MY01 focuses on providing real-time and accurate measurements that enable timely clinical decisions. The company's sensor technology utilizes capacitive pressure sensors featuring a stable vacuum reference and advanced coating materials, ensuring tailored sensing capabilities. This innovative approach enhances the sensitivity and specificity of ACS diagnostics, equipping medical professionals with essential tools for effective patient care.

FemTherapeutics

Seed Round in 2023
FemTherapeutics Inc. is a Montreal-based medical device company focused on personalizing therapeutics in women's health. The company has developed an artificial intelligence platform that utilizes patient data to create innovative medical devices, specifically customizable gynecological prosthetics designed to enhance the management of Pelvic Floor Disorders. Their initial product line features patient-specific vaginal pessaries, which aim to provide effective symptomatic relief for conditions such as pelvic organ prolapse and stress urinary incontinence. By employing advanced technologies like three-dimensional printing, FemTherapeutics seeks to improve clinical outcomes and restore quality of life for women facing these health challenges.

Equisoft

Private Equity Round in 2023
Equisoft Inc. is a global provider of innovative digital solutions tailored for the life insurance and wealth management industries. Founded in 1994 and headquartered in Montreal, Canada, with an additional office in Sydney, Australia, the company specializes in delivering a comprehensive ecosystem of services. Its offerings include SaaS policy administration, customer relationship management, financial planning tools, and solutions for asset allocation and portfolio analysis. Equisoft also provides financial advisors with tools for wealth management proposals, as well as software for quotes, illustrations, and agency management systems. The company is recognized as a leading partner for Oracle's insurance policy administration platform, leveraging extensive expertise in data migration and integration. Through its diverse range of services, Equisoft aims to empower clients to navigate the complexities of digital transformation in the financial sector.

NorthStar Earth & Space

Series C in 2023
NorthStar Earth & Space Inc. offers a comprehensive environmental information platform that leverages satellite-based data analytics to deliver precise earth observation and space object tracking services. Founded in 2015 and based in Montreal, Canada, the company provides critical insights across various sectors, including forestry, agriculture, energy, water management, urban planning, and space monitoring. Their services encompass forest preservation and monitoring, crop management, natural resource exploration, and water security. Additionally, NorthStar specializes in space object tracking, which includes monitoring, identifying, and cataloging numerous space objects to facilitate collision warnings and mitigate risks. The company’s innovative platform aims to support sustainable development and enhance decision-making for the effective management of Earth's resources.

Prompt

Grant in 2022
Prompt is a non-profit organization based in Montreal, Canada, dedicated to enhancing research and development capabilities within the information and communications technology (ICT) sector. By facilitating business alliances, Prompt supports Quebec-based companies and institutional projects through its AI innovations grant program. The organization funds a wide range of initiatives in both software and hardware development, focusing on areas such as cybersecurity, optics-photonics and microelectronics, wireless technologies, artificial intelligence, big data, the Internet of Things (IoT), intelligent transportation, immersive technologies and virtual reality, as well as media technologies. Through these efforts, Prompt aims to foster innovation and collaboration in the ICT market.

FTEX

Seed Round in 2022
FTEX is a Montreal-based start-up focused on developing advanced smart connected drive systems specifically for light electric vehicles. The company designs and produces the electronics, software, and applications that manage vehicle motors, all of which are interconnected in real-time through a cellular network to FTEX’s cloud platform. This system offers users a range of functionalities via the mobile EVionics operating system, including location tracking, usage monitoring, diagnostics, remote locking, collision detection, service alerts, and theft insurance. FTEX aims to promote the adoption of personal electric vehicles by providing innovative motor controllers that improve performance, extend range, and enhance the overall user experience through the application of cutting-edge technology and standards.

FemTherapeutics

Grant in 2022
FemTherapeutics Inc. is a Montreal-based medical device company focused on personalizing therapeutics in women's health. The company has developed an artificial intelligence platform that utilizes patient data to create innovative medical devices, specifically customizable gynecological prosthetics designed to enhance the management of Pelvic Floor Disorders. Their initial product line features patient-specific vaginal pessaries, which aim to provide effective symptomatic relief for conditions such as pelvic organ prolapse and stress urinary incontinence. By employing advanced technologies like three-dimensional printing, FemTherapeutics seeks to improve clinical outcomes and restore quality of life for women facing these health challenges.

WeCook - Repas WeCook

Series C in 2022
Founded in 2013, WeCook Meals (formerly Nutrition Fit Plus) is a leader in home meal delivery, offering a wide range of tasty, balanced and personalized healthy meals made with fresh produce and meat, and healthy snacks. Subscribers can order from a diversified weekly menu. The Dorval-based company has over 450 employees serving Québec and Ontario.

Talent.com

Series B in 2022
Talent.com is a platform that centralizes jobs available on companies'​ career websites, staffing agencies, or job boards. The company was founded in 2020 and is headquartered in Montreal, Quebec, Canada.

Produits métalliques A.T. inc. (Les)

Debt Financing in 2022
Founded in 1973, Les Produits métalliques A.T. is a Matane-based manufacturer specializing in snow removal equipment for customers in Eastern Canada. The company employs approximately 40 individuals and offers a range of products, including snow scratchers, spreaders, and harnesses, as well as gravel dumpsters and trailers. These machines are designed to aid in the efficient removal of snow, gravel, and other materials from roadways, contributing to improved safety and accessibility during winter conditions.

Prehos

Seed Round in 2022
Prehos is a Canadian company based in Quebec City, with an office in Montreal, founded in 2015. Initially a project of Chalifour Digital Solutions, Prehos became a distinct entity focused on enhancing prehospital care. The company develops a medical fleet management platform that optimizes various tasks in the prehospital care chain. This platform features cartography, real-time traffic conditions, and emergency department status, which collectively assist paramedics, ambulance services, and health agencies in improving their efficiency and effectiveness. Prehos employs a diverse team, including professionals in development, quality assurance, customer support, and data science, with several members bringing firsthand experience as paramedics. The company's mission is to enhance patient care through innovative technological solutions tailored for paramedical and extrahospital services.

LeddarTech

Series D in 2022
LeddarTech Inc. is a Canadian company that specializes in developing advanced detection and ranging systems, utilizing time-of-flight measurement technology with infrared LEDs. Its product offerings include smart sensor modules for various applications, such as single-element and multi-element sensor modules, LED-based traffic management sensors, and sensor evaluation kits. These solutions are designed for a wide range of applications, including advanced driver assistance systems (ADAS), autonomous driving, public safety, and industrial monitoring. LeddarTech's flagship platform, LeddarVision™, integrates multiple sensor types to create comprehensive 3D environmental models, facilitating improved perception and navigation capabilities in vehicles. The company aims to address critical sensing challenges for OEMs and automotive suppliers, helping them enhance performance while reducing development time and costs. Founded in 2007 and headquartered in Quebec City, Canada, LeddarTech maintains a research and development office in Toronto and has secured numerous patents in the field of remote sensing technologies.

RenoRun

Series B in 2022
RenoRun Inc. is a construction materials delivery company that provides a wide range of products, including beams, bricks, and concrete mixes, primarily serving the construction industry. Established in 2016 and headquartered in Montreal, Canada, RenoRun operates in key markets such as Toronto, Canada, and Austin, Texas. The company offers a mobile-friendly platform that allows general contractors to efficiently order materials and receive timely deliveries directly to job sites, thereby enhancing productivity and reducing downtime. With a focus on streamlining the procurement process, RenoRun aims to be the largest single-source platform for construction materials, simplifying the supply chain for contractors and builders.

Sonoscope

Funding Round in 2021
Sonoscope, founded in 2010 and based in Quebec, Canada, specializes in the development of innovative medical technologies and devices, particularly focused on ultrasound equipment for critical care environments. The company aims to transform point-of-care ultrasound applications in resuscitation and acute care medicine, enabling clinicians to deliver rapid diagnoses and immediate treatments. In addition to its technological offerings, Sonoscope provides training in "echo guided life support," enhancing the skills of medical professionals in utilizing these advanced tools effectively. By facilitating improved monitoring and diagnostic capabilities, Sonoscope contributes to reducing inpatient costs and improving patient outcomes in critical healthcare settings.

Scandium Canada

Grant in 2021
Scandium Canada is a Canadian exploration and deposit development company that specializes in technology metals, primarily focusing on its flagship Crater Lake project in Quebec, which targets scandium and rare earth elements. In addition to Crater Lake, the company holds several other properties, including La Ronciere and Opawica, and is engaged in the exploration of copper-zinc and gold resources. Through its projects, Scandium Canada aims to advance the development of critical metals essential for various technologies and industrial applications.

Explorance

Venture Round in 2021
Explorance is a leading provider of Journey Analytics solutions, focused on enhancing feedback mechanisms in various sectors, including higher education and the workplace. The company's mission is to help organizations foster impactful and fulfilling experiences for their stakeholders through innovative solutions such as the Blue suite and Metrics That Matter (MTM). By offering tools for gathering and analyzing feedback, Explorance enables organizations to make informed decisions about recruiting, engagement, and retention. With a client base that includes over 750 organizations across 45 countries—comprising 35% of the Fortune 100 and more than 25% of the QS top 100 universities—Explorance is recognized for its commitment to empowering both clients and employees through a culture of autonomy and trust. Headquartered in Montreal, the company also operates in cities such as Chicago, Chennai, Melbourne, Amman, and London, and has been recognized as one of the best workplaces in Canada.

Booxi

Seed Round in 2021
Booxi is a retail-tech company based in Montreal, Quebec, that specializes in an appointment booking platform tailored for retailers. The platform includes a range of features designed to enhance business management, such as Customer Relationship Management (CRM), appointment scheduling, online payment processing, and staff calendar management. By integrating these functionalities, Booxi aims to improve customer experience and streamline operational processes associated with event and appointment management, making it easier for retailers to manage their appointments effectively.

Oxio

Series A in 2021
Oxio is a connectivity platform based in Quebec, Canada, founded in 2017 by Marc-André Campagna and Francis Careau. The company operates as an internet service provider, offering customized internet packages designed to enhance user experience. These packages include free installation, stable internet speeds, and the provision of a modem and router, all without requiring contracts. Oxio aims to change the way individuals connect with their internet service provider by delivering affordable and flexible internet solutions.

AlayaCare

Series D in 2021
AlayaCare is a start-up based in Montréal, Quebec, that offers a comprehensive home health care software platform and hardware ecosystem. Founded in 2014 by Adrian Schauer and Neil Grunberg, the company aims to modernize the home care industry, which often relies on outdated software and inefficient processes. AlayaCare's platform integrates various functions, including planning, clinical documentation, remote patient monitoring, and mobile care worker capabilities, enabling home care agencies to operate more effectively and efficiently. By providing mixed telehealth and in-person health solutions, AlayaCare empowers patients to improve their quality of life while simultaneously reducing care costs. The company promotes an open culture that encourages team members to voice dissent while maintaining a focus on overarching goals. Additionally, AlayaCare collaborates with NGOs in the developing world, offering its solution at no cost to enhance mobile technology's impact on underserved communities.

Visao

Grant in 2021
Visao is a Quebec-based company that provides manufacturers with advanced sales and marketing solutions through an innovative platform. This platform allows manufacturers to generate 3D and augmented reality models from their CAD files, enhancing the way products are presented to potential customers. By utilizing augmented reality, Visao helps manufacturers create interactive and engaging product experiences that offer greater customization and understanding of dimensions and configurations. This unique approach allows buyers to interact with products in ways that traditional images and videos cannot achieve. Visao is committed to delivering exceptional customer service and support, equipping clients with the necessary tools to thrive in a competitive market. The company focuses on transforming the way manufacturers showcase their offerings, ultimately enhancing the sales process and customer engagement.

Zetane

Pre Seed Round in 2020
Zetane Systems is a software technology company based in the Montreal region that focuses on applying artificial intelligence (AI) in commercial settings. The company has developed a proprietary AI development engine that offers a visual and intuitive platform for businesses to create AI solutions grounded in machine learning models. This platform addresses concerns regarding the transparency of complex neural networks, enabling stakeholders to better understand AI systems. By facilitating a collaborative environment, Zetane aims to streamline the development process, enhance stakeholder engagement, and reduce time to market while mitigating risks associated with AI deployment. In addition to its software offerings, Zetane provides comprehensive consulting services to support the integration of AI solutions across various industries, helping clients optimize their operations and achieve tangible results.

Geomega Resources

Debt Financing in 2020
GéoMégA, which owns 100% of both the Montviel lanthanides/niobium project and the Anik gold exploration project, is a mineral exploration and development company focused on the discovery and sustainable development of economic deposits in Québec. GéoMégA is committed to meeting Canadian mining industry standards and distinguishing itself with its innovative engineering, stakeholder’s engagement and its dedication to local transformation benefits.

Effenco

Series B in 2020
Effenco is an autotech company focused on the electrification of heavy-duty vehicles and connected mobility within the transport sector. Established in 2006 and headquartered in Montréal, Quebec, the company has developed the Active-Stop-Start electric hybrid technology, which enhances the energy efficiency of heavy goods vehicles and reduces greenhouse gas emissions by 30%. This innovative system utilizes ultracapacitor-based technology to electrify the propulsion and on-board equipment of vocational trucks. Effenco's solution automatically shuts down the engine when vehicles are stationary, providing electric power to essential systems such as heating, ventilation, and air conditioning. By eliminating engine use during idling, the technology significantly lowers operational costs and environmental impact, making it an attractive option for both existing and new heavy-duty vehicles. Effenco operates in the United States and Europe, leveraging extensive real-world operating data and advanced AI algorithms to support its mission of fostering a sustainable future in the transport industry.

Breathe Life

Series A in 2020
Breathe Life Inc. is a Montreal-based company that designs and develops a software platform specifically for the life insurance industry. Founded in 2017, it offers an enterprise Software-as-a-Service (SaaS) solution that facilitates the digital distribution of life and health insurance policies, eliminating the need for traditional brokers. The platform features a streamlined, single-session quote creation and application process, allowing consumers to independently explore financial products, identify their needs, and complete purchases online. By providing an end-to-end system, Breathe Life enhances the speed of policy delivery and helps insurers reduce operational costs, thereby improving overall efficiency in the distribution of financial security products.

Dose Juices

Debt Financing in 2020
Founded in 2013 and headquartered in Saint-Hyacinthe, Dose Juice specializes in the production and marketing of cold-pressed juices, organic smoothies, and nut milks. The company distributes its products through major supermarket chains in Québec and Ontario, as well as through online channels. With a commitment to offering natural and healthy beverages, Dose Juice aims to provide customers with accessible options at competitive prices. The company employs approximately 30 individuals dedicated to its operations and growth.

Nesto

Series A in 2020
Nesto Inc. is a Montreal-based mortgage broker established in 2017. The company specializes in providing financial and mortgage advice, focusing on various aspects of property-related lending, such as help to buy, buy-to-let, and affordable housing schemes. Nesto aims to create a positive and transparent property financing experience by leveraging advanced technology to screen the entire market for the most affordable mortgage options. Its platform utilizes artificial intelligence to identify relevant mortgage products quickly. Additionally, Nesto's commission-free experts offer unbiased support throughout the financing process, helping clients make informed decisions regarding their property investments.

Hopper

Venture Round in 2020
Hopper Inc. is a travel technology company based in Montreal, Canada, with additional offices in Cambridge, Massachusetts, New York, and Sofia, Bulgaria. Founded in 2007 by Frederic Lalonde and Joost Ouwerkerk, Hopper has developed a mobile application that leverages big data and predictive analytics to provide users with travel recommendations. The app specializes in analyzing and forecasting airfare and accommodations, enabling travelers to secure the best deals. Hopper notifies users when flight and hotel prices are anticipated to be at their lowest, allowing them to make informed decisions about their travel plans. The company's innovative platform aims to simplify the travel booking process, making it easier for users to plan and book their trips directly from their mobile devices.

Nouveau Monde Graphite

Debt Financing in 2020
Nouveau Monde Graphite Inc. is a mineral exploration company focused on the acquisition, exploration, evaluation, and development of graphite properties in Quebec, Canada. Founded in 2011 and headquartered in Saint-Michel-des-Saints, the company owns the Matawinie property, which consists of 319 mining claims covering 17,585 hectares located north of Montreal. Nouveau Monde Graphite is dedicated to developing a natural graphite-based anode material aimed at supplying the lithium-ion battery industry, thereby targeting the growing North American market for battery-grade materials. The company emphasizes environmentally responsible practices in its operations, aligning with the increasing demand for sustainable and low-impact sources of natural graphite for battery manufacturers. Its projects include the Matawinie Mine and the Battery Material Plant, positioning Nouveau Monde Graphite as a key player in the green energy transition.

Medicago

Grant in 2020
Medicago Inc. is a biotechnology company based in Quebec City, Canada, specializing in the research, development, production, and commercialization of vaccines. The company employs proprietary plant-based manufacturing and Virus-Like Particle (VLP) technologies to create innovative vaccines and therapeutics aimed at infectious diseases and public health challenges. Medicago's product pipeline includes a candidate for the H5N1 pandemic influenza VLP vaccine, which has successfully completed a Phase I clinical trial, as well as an H1N1 VLP vaccine and seasonal influenza vaccines. The company has established collaboration agreements with organizations such as Viridis S.A. and Genopole biopark for the manufacturing of its vaccines, and with Philip Morris International to develop a therapeutic protein. Medicago was incorporated in 1997 and continues to focus on addressing emerging health threats through its advanced vaccine technologies.

Geomega Resources

Post in 2020
GéoMégA, which owns 100% of both the Montviel lanthanides/niobium project and the Anik gold exploration project, is a mineral exploration and development company focused on the discovery and sustainable development of economic deposits in Québec. GéoMégA is committed to meeting Canadian mining industry standards and distinguishing itself with its innovative engineering, stakeholder’s engagement and its dedication to local transformation benefits.

WeCook - Repas WeCook

Venture Round in 2020
Founded in 2013, WeCook Meals (formerly Nutrition Fit Plus) is a leader in home meal delivery, offering a wide range of tasty, balanced and personalized healthy meals made with fresh produce and meat, and healthy snacks. Subscribers can order from a diversified weekly menu. The Dorval-based company has over 450 employees serving Québec and Ontario.

AlayaCare

Series C in 2020
AlayaCare is a start-up based in Montréal, Quebec, that offers a comprehensive home health care software platform and hardware ecosystem. Founded in 2014 by Adrian Schauer and Neil Grunberg, the company aims to modernize the home care industry, which often relies on outdated software and inefficient processes. AlayaCare's platform integrates various functions, including planning, clinical documentation, remote patient monitoring, and mobile care worker capabilities, enabling home care agencies to operate more effectively and efficiently. By providing mixed telehealth and in-person health solutions, AlayaCare empowers patients to improve their quality of life while simultaneously reducing care costs. The company promotes an open culture that encourages team members to voice dissent while maintaining a focus on overarching goals. Additionally, AlayaCare collaborates with NGOs in the developing world, offering its solution at no cost to enhance mobile technology's impact on underserved communities.

H2O Innovation

Post in 2019
H2O Innovation Inc. is a Canadian company specializing in integrated water treatment solutions utilizing membrane filtration technology. It operates through three primary segments: Water Technologies and Services, Specialty Products, and Operation and Maintenance Services. The Water Technologies and Services segment focuses on providing systems for drinking and industrial process water, as well as water reclamation, desalination, and wastewater treatment. The company also manufactures and supplies a range of membrane filtration systems, spare parts, and specialty reverse osmosis chemicals. Its Specialty Products segment includes a variety of consumables, such as membrane cleaners and coagulants, alongside maple syrup production equipment. The Operation and Maintenance Services segment offers public works services, construction for water infrastructure, and containerized treatment systems. Additionally, H2O Innovation provides technical support and software solutions for monitoring water treatment processes. Founded in 2000 and headquartered in Quebec City, the company has established itself as a leader in the water treatment industry, continuously expanding its market presence.

Stradigi AI

Series A in 2019
Stradigi AI Inc., established in 2005 and based in Montreal, Canada, specializes in developing an artificial intelligence software-as-a-service (SaaS) platform. This platform, known as Kepler AI, empowers businesses to leverage AI capabilities for data-driven decision-making across various functions. By utilizing advanced artificial intelligence, machine learning, and deep learning technologies, Stradigi AI enables organizations to access automated workflows that streamline the deployment of AI solutions. The platform aims to accelerate the project lifecycle, allowing companies to derive valuable insights from their data, enhance customer experiences, increase revenue, and improve operational efficiency. Stradigi AI's services are designed to make AI accessible to users, regardless of their technical expertise, fostering a transformative impact on business performance.

Pit Caribou

Venture Round in 2019
Pit Caribou is a microbrewery founded in 2007, located in L'Anse à Beaufils on the Gaspé Peninsula in Quebec. The brewery focuses on crafting quality beers that reflect the resources of the Gaspé region. It offers a diverse selection of wheat and red beers in various flavors, catering to a wide range of customer preferences. In addition to its production facilities, Pit Caribou operates pubs in both Percé and Montreal, providing venues for patrons to enjoy their products. The establishment includes a shop for purchasing bottled beers and a patio that allows visitors to savor their brews by the sea. The company currently employs 37 people, contributing to the local economy and community.

AlayaCare

Series C in 2019
AlayaCare is a start-up based in Montréal, Quebec, that offers a comprehensive home health care software platform and hardware ecosystem. Founded in 2014 by Adrian Schauer and Neil Grunberg, the company aims to modernize the home care industry, which often relies on outdated software and inefficient processes. AlayaCare's platform integrates various functions, including planning, clinical documentation, remote patient monitoring, and mobile care worker capabilities, enabling home care agencies to operate more effectively and efficiently. By providing mixed telehealth and in-person health solutions, AlayaCare empowers patients to improve their quality of life while simultaneously reducing care costs. The company promotes an open culture that encourages team members to voice dissent while maintaining a focus on overarching goals. Additionally, AlayaCare collaborates with NGOs in the developing world, offering its solution at no cost to enhance mobile technology's impact on underserved communities.

Prehos

Seed Round in 2019
Prehos is a Canadian company based in Quebec City, with an office in Montreal, founded in 2015. Initially a project of Chalifour Digital Solutions, Prehos became a distinct entity focused on enhancing prehospital care. The company develops a medical fleet management platform that optimizes various tasks in the prehospital care chain. This platform features cartography, real-time traffic conditions, and emergency department status, which collectively assist paramedics, ambulance services, and health agencies in improving their efficiency and effectiveness. Prehos employs a diverse team, including professionals in development, quality assurance, customer support, and data science, with several members bringing firsthand experience as paramedics. The company's mission is to enhance patient care through innovative technological solutions tailored for paramedical and extrahospital services.

Alethia Biotherapeutics

Debt Financing in 2019
Alethia BioTherapeutics, Inc. is a biotechnology company based in Montreal, Canada, specializing in the discovery and development of monoclonal antibody-based therapeutics. The company focuses on critical areas such as cancer-associated epithelial-to-mesenchymal transition, ovarian cancer, and cancer-induced bone loss. Its product portfolio includes Isogranulatimide, a G2 checkpoint inhibitor that enhances the efficacy of various DNA-damaging chemotherapeutic agents, and sCLU, a glycoprotein linked to several malignancies, including prostate and breast cancers. Additionally, Alethia BioTherapeutics offers AB-0447, which targets a specific antigen prevalent in over eighty-five percent of ovarian cancer cases, and AB-0440, a protein that plays a role in osteoclast differentiation. Established in 2002, the company employs patented STAR discovery technology to develop therapeutics aimed at invasive carcinomas and associated complications.

Enerkem

Corporate Round in 2019
Enerkem Inc. is a cleantech company based in Montreal, Canada, specializing in the production of renewable biofuels and chemicals derived from waste materials. The company utilizes a proprietary thermochemical process to convert non-recyclable municipal solid waste into cellulosic ethanol and other renewable chemicals. Over a decade of research has validated Enerkem's technology, which addresses issues related to oil dependence and waste disposal. The company operates advanced facilities that support its business model of producing biofuels profitably from a diverse range of feedstocks. Enerkem is majority-owned by a mix of institutional and clean-technology investors, including various venture capital firms and industrial investors. With a workforce of approximately 170 employees across Canada and the United States, Enerkem is committed to transforming waste into sustainable energy solutions.

Nouveau Monde Graphite

Debt Financing in 2018
Nouveau Monde Graphite Inc. is a mineral exploration company focused on the acquisition, exploration, evaluation, and development of graphite properties in Quebec, Canada. Founded in 2011 and headquartered in Saint-Michel-des-Saints, the company owns the Matawinie property, which consists of 319 mining claims covering 17,585 hectares located north of Montreal. Nouveau Monde Graphite is dedicated to developing a natural graphite-based anode material aimed at supplying the lithium-ion battery industry, thereby targeting the growing North American market for battery-grade materials. The company emphasizes environmentally responsible practices in its operations, aligning with the increasing demand for sustainable and low-impact sources of natural graphite for battery manufacturers. Its projects include the Matawinie Mine and the Battery Material Plant, positioning Nouveau Monde Graphite as a key player in the green energy transition.

Effenco

Series A in 2018
Effenco is an autotech company focused on the electrification of heavy-duty vehicles and connected mobility within the transport sector. Established in 2006 and headquartered in Montréal, Quebec, the company has developed the Active-Stop-Start electric hybrid technology, which enhances the energy efficiency of heavy goods vehicles and reduces greenhouse gas emissions by 30%. This innovative system utilizes ultracapacitor-based technology to electrify the propulsion and on-board equipment of vocational trucks. Effenco's solution automatically shuts down the engine when vehicles are stationary, providing electric power to essential systems such as heating, ventilation, and air conditioning. By eliminating engine use during idling, the technology significantly lowers operational costs and environmental impact, making it an attractive option for both existing and new heavy-duty vehicles. Effenco operates in the United States and Europe, leveraging extensive real-world operating data and advanced AI algorithms to support its mission of fostering a sustainable future in the transport industry.

H2O Innovation

Post in 2018
H2O Innovation Inc. is a Canadian company specializing in integrated water treatment solutions utilizing membrane filtration technology. It operates through three primary segments: Water Technologies and Services, Specialty Products, and Operation and Maintenance Services. The Water Technologies and Services segment focuses on providing systems for drinking and industrial process water, as well as water reclamation, desalination, and wastewater treatment. The company also manufactures and supplies a range of membrane filtration systems, spare parts, and specialty reverse osmosis chemicals. Its Specialty Products segment includes a variety of consumables, such as membrane cleaners and coagulants, alongside maple syrup production equipment. The Operation and Maintenance Services segment offers public works services, construction for water infrastructure, and containerized treatment systems. Additionally, H2O Innovation provides technical support and software solutions for monitoring water treatment processes. Founded in 2000 and headquartered in Quebec City, the company has established itself as a leader in the water treatment industry, continuously expanding its market presence.

Hopper

Series D in 2018
Hopper Inc. is a travel technology company based in Montreal, Canada, with additional offices in Cambridge, Massachusetts, New York, and Sofia, Bulgaria. Founded in 2007 by Frederic Lalonde and Joost Ouwerkerk, Hopper has developed a mobile application that leverages big data and predictive analytics to provide users with travel recommendations. The app specializes in analyzing and forecasting airfare and accommodations, enabling travelers to secure the best deals. Hopper notifies users when flight and hotel prices are anticipated to be at their lowest, allowing them to make informed decisions about their travel plans. The company's innovative platform aims to simplify the travel booking process, making it easier for users to plan and book their trips directly from their mobile devices.

Composites Vci

Venture Round in 2018
Composites Vci is a transportation environmental consulting company located in Saint-lin-laurentides.

Les Industries Amisco ltée

Venture Round in 2018
Les Industries Amisco ltée is a family-owned business established in 1954, specializing in the design, manufacture, and marketing of modern home furniture. Operating from two plants in Québec, the company produces a variety of residential furniture, including beds, chairs, stools, tables, benches, and desks, all crafted from steel, wood, and upholstery. Amisco distinguishes itself in the market with its stylish designs that cater to consumer preferences, emphasizing durability and an extensive customization program for finishes and coatings. The company's products are available at over a thousand retail locations across Canada and the United States, ensuring a broad reach within the furniture market.

BCI Foods

Private Equity Round in 2018
BCI Foods is a food production company based in Saint-Hyacinthe, Québec, specializing in canned soups and sauces. The company offers a diverse array of products, including savory soups, ready-to-serve soups, broths, sauces, and ready-to-eat pasta and meals in packets. BCI Foods emphasizes innovation within the food industry and aims to enhance store brand growth by delivering high-quality dining experiences that align with its core principles. Their product line also includes luxury recipes and health-oriented options, enabling customers to enjoy flavorful and nutritious meals.

Mnubo

Series B in 2018
Mnubo Inc. specializes in smart data management and analytics for the Internet of Things (IoT), catering to enterprises, service providers, and device manufacturers. Founded in 2012 and headquartered in Montreal, Canada, with an office in Tokyo, Japan, Mnubo offers a cloud platform that allows original equipment manufacturers (OEMs) to connect, collect, analyze, and act on data from their devices. The company provides services for real-time IoT data streams, including object modeling and lifecycle management, across various sectors such as wearables, industrial, automotive, building, and healthcare. By utilizing its analytics solutions, manufacturers gain insights that enhance product usage, boost customer engagement, and reduce operational costs. Mnubo operates as a subsidiary of Aspen Technology, Inc. since July 2019.

Hopper

Series C in 2016
Hopper Inc. is a travel technology company based in Montreal, Canada, with additional offices in Cambridge, Massachusetts, New York, and Sofia, Bulgaria. Founded in 2007 by Frederic Lalonde and Joost Ouwerkerk, Hopper has developed a mobile application that leverages big data and predictive analytics to provide users with travel recommendations. The app specializes in analyzing and forecasting airfare and accommodations, enabling travelers to secure the best deals. Hopper notifies users when flight and hotel prices are anticipated to be at their lowest, allowing them to make informed decisions about their travel plans. The company's innovative platform aims to simplify the travel booking process, making it easier for users to plan and book their trips directly from their mobile devices.

H2O Innovation

Post in 2016
H2O Innovation Inc. is a Canadian company specializing in integrated water treatment solutions utilizing membrane filtration technology. It operates through three primary segments: Water Technologies and Services, Specialty Products, and Operation and Maintenance Services. The Water Technologies and Services segment focuses on providing systems for drinking and industrial process water, as well as water reclamation, desalination, and wastewater treatment. The company also manufactures and supplies a range of membrane filtration systems, spare parts, and specialty reverse osmosis chemicals. Its Specialty Products segment includes a variety of consumables, such as membrane cleaners and coagulants, alongside maple syrup production equipment. The Operation and Maintenance Services segment offers public works services, construction for water infrastructure, and containerized treatment systems. Additionally, H2O Innovation provides technical support and software solutions for monitoring water treatment processes. Founded in 2000 and headquartered in Quebec City, the company has established itself as a leader in the water treatment industry, continuously expanding its market presence.

Agropur

Venture Round in 2015
Agropur is a dairy cooperative founded in 1938 in Québec, recognized as one of the top 20 dairy producers worldwide. The company specializes in producing a wide range of dairy products, including ice cream, cheese, yogurt, milk, and other milk-derived items, serving retail, food service, and industrial sectors globally. Agropur emphasizes sustainable practices in its operations, reflecting a commitment to innovation as a core principle of its business strategy. With over 80 years of experience in the dairy industry, Agropur continues to leverage its expertise to meet the evolving needs of its clients and to maintain its leadership position in the market.

Prevtec Microbia

Venture Round in 2015
Prevtec Microbia Inc. is a biotechnology company based in Montreal, Canada, focused on developing and marketing products that enhance the health of food animals, thereby improving production performance and food safety. Founded in 2003 by Dr. John M. Fairbrother and Dr. Eric Nadeau as a spin-off from the Université de Montréal's veterinary medicine faculty, Prevtec specializes in vaccines and technologies for preventing bacterial infections. Its flagship product, Coliprotec, is a live vaccine designed to prevent post-weaning diarrhea caused by F4 (K88)-positive E. coli bacteria in pigs. The company operates in Canada and Europe, delivering sustainable solutions that help reduce reliance on antibiotics while promoting animal health and performance.

Congebec

Private Equity Round in 2015
Congebec Inc., established in 1974, is a Canadian-based provider of refrigerated storage services, operating across Canada and the United States. It offers a range of temperature-controlled public storage solutions, including freezing and blast freezing, cross-docking, import/export services, bonded storage, trichinella treatments, order preparation, and distribution. Additionally, Congebec provides warehouse management systems and temperature control technologies. Its diverse client base comprises food chain operations such as producers, processors, wholesalers, retailers, brokers, carriers, restaurant chains, and government organizations. With locations in major cities across Canada, including Québec, Montréal, Winnipeg, Calgary, Saskatoon, and Toronto, Congebec ensures efficient and reliable storage solutions tailored to the unique needs of its clients within the food industry.

Agropur

Venture Round in 2014
Agropur is a dairy cooperative founded in 1938 in Québec, recognized as one of the top 20 dairy producers worldwide. The company specializes in producing a wide range of dairy products, including ice cream, cheese, yogurt, milk, and other milk-derived items, serving retail, food service, and industrial sectors globally. Agropur emphasizes sustainable practices in its operations, reflecting a commitment to innovation as a core principle of its business strategy. With over 80 years of experience in the dairy industry, Agropur continues to leverage its expertise to meet the evolving needs of its clients and to maintain its leadership position in the market.

Beyond the Rack

Series C in 2013
Beyond the Rack is a Montreal-based online shopping platform that functions as a private shopping club, offering exclusive deals on a wide range of products including apparel, accessories, fragrances, home goods, and electronics. With approximately 15 million active members in Canada and the United States, the platform features flash sales that provide discounts of up to 80% on designer and fast fashion items, all without a retail middleman. The company collaborates with over 3,000 brands to host 15-25 sales daily, which typically last between 48 to 72 hours or until items sell out. Membership is free and can be obtained through the website, promotional partners, or referrals from existing members. Beyond the Rack is recognized for its responsive customer service and efficient shipping, contributing to its reputation as a leading online retailer in the fashion industry.

Altasciences

Venture Round in 2013
Altasciences is a mid-sized contract research organization based in Laval, Quebec, specializing in preclinical and clinical pharmacology services for pharmaceutical and biotechnology companies. The company provides a comprehensive range of services, including preclinical safety testing, clinical pharmacology, drug formulation, manufacturing, bioanalysis, medical writing, biostatistics, and clinical monitoring. By offering integrated and customizable solutions, Altasciences supports sponsors in making informed decisions throughout early drug development. The company's focus is on accelerating the clinical research process to help bring effective drugs to market more rapidly, ultimately improving access for patients in need.

Audiokinetic

Venture Round in 2007
Audiokinetic Inc. specializes in providing audio solutions for the interactive media and gaming industries, both in Canada and internationally. Founded in 2000 and headquartered in Montreal, the company is best known for its flagship product, the WaveWorks Interactive Sound Engine (Wwise), which serves as an audio pipeline solution. Wwise features an optimized sound engine for managing audio processing and offers an event-based authoring tool for creating complex audio structures, integrating interactive music, and managing sound integration. Additionally, Audiokinetic develops various add-ons such as Wwise Convolution for reverberation effects, SoundSeed for interactive sound generation, and Wwise Motion for real-time audio authoring. The company also provides consulting services, including custom tool development, project support, and sound engine integration. Audiokinetic has established itself as a leader in audio technology for gaming, offering a comprehensive suite of tools designed to enhance the immersive experience of video games.

Ltrim Technologies

Series B in 2003
LTRIM Technologies is a development-stage fabless semiconductor company, engaged in the design and development of high-performance analog integrated circuit products. It was founded in October 1998 by Physics Engineer Yves Gagnon, Professor Yvon Savaria PhD, and Professor Michel Meunier PhD. The company was conceived to commercialize the results of a three-year R & D project carried out by the founders at the École Polytechnique of Montréal (one of Canada's leading post-secondary engineering institutions) between January 1998 and May 2000.

Octasic

Series B in 2002
Octasic, founded in 1998, is a semiconductor and technology company based in Montreal, Canada. It specializes in two key markets: wireless base stations and media gateways. The company's mission is to help customers bring products to market swiftly, with reduced investment and risk. Octasic achieves this by developing connectivity products that ensure high voice quality for network equipment providers in the wireless, VoIP, and TDM segments of the telecommunications industry. These products enable equipment manufacturers to lower system costs while maintaining reliable performance in terms of density and power consumption. With over two decades of experience, Octasic has established strategic partnerships with leading Tier-1 telecommunications and government OEMs worldwide.

Hyperchip

Debt Financing in 2002
Hyperchip (www.Hyperchip.com) is the Petabit Routing Company. Founded in 1997, Hyperchip is a privately held company funded by Siemens, Argo Global Capital (backed by the worlds leading telcos) and TechnoCap, Montreal's leading net-focused venture fund. The company is headquartered in Montreal. All financial figures included in this press release are cited in Canadian dollars. Hyperchip and the Petabit Routing Company are trademarks of Hyperchip Inc. Other trademarks identified in this release are the property of their respective companies.
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