AQC Capital

Founded in 2016, Merinio designs and develops cloud-based workforce automation software. Its platform streamlines labor forecasting, shift fulfillment, scheduling validation, compliance management, and communication to enhance operational efficiency, minimize costs, and improve employee satisfaction.

Puzzle Medical Devices develops innovative heart pump solutions to treat advanced heart failure. Its flagship product, ModulHeart, is a modular percutaneous device designed to reduce cardiac afterload and improve renal perfusion. The device's unique design enables safe percutaneous implantation, supporting both renal and cardiac function with low risk of complications. Puzzle Medical has successfully completed its first-in-human study, demonstrating improvements in cardiac and kidney function.

Montreal-based My Intelligent Machines designs biology software that combines artificial intelligence and systems biology to support early-stage drug development and personalized therapies. The company offers a software-as-a-service platform enabling augmented intelligence-driven simulations, patient stratification, and the identification of therapeutic targets and biomarkers. By leveraging big data and AI, it helps life-science teams design precise therapies and streamline research, while also applying its platform to agriculture to optimize production systems. The goal is to accelerate efficient, targeted therapies and improve outcomes across biopharma and related fields.

Inversago Pharma Inc. is a preclinical-stage biotechnology company based in Montreal, Canada, specializing in the development of peripherally-restricted CB1 receptor inverse agonists aimed at treating various metabolic and fibrotic disorders. Founded in 2015, the company focuses on creating innovative therapies for conditions such as Prader-Willi syndrome, diabetes, and complications related to obesity. Its pipeline includes treatments for diabetic kidney disease, non-alcoholic steatohepatitis, and progressive fibrosis, including interstitial lung disease. Inversago Pharma aims to improve patient outcomes by offering new therapeutic options that target the underlying mechanisms of these diseases.

Evey Innovation Inc. is a Montreal-based company founded in 2014 that specializes in developing a personal assistant for home environments, designed to manage and streamline the operation of various connected devices. Its innovative platform includes advanced features such as water damage detectors that alert residents to potential leaks, allowing for escalation to employees if necessary or even the automatic shutoff of the water valve. By enhancing the safety and well-being of residents in their apartments, Evey Innovation not only increases resident autonomy but also helps reduce overall operating costs.

Montreal-based My Intelligent Machines designs biology software that combines artificial intelligence and systems biology to support early-stage drug development and personalized therapies. The company offers a software-as-a-service platform enabling augmented intelligence-driven simulations, patient stratification, and the identification of therapeutic targets and biomarkers. By leveraging big data and AI, it helps life-science teams design precise therapies and streamline research, while also applying its platform to agriculture to optimize production systems. The goal is to accelerate efficient, targeted therapies and improve outcomes across biopharma and related fields.

Thorasys Thoracic Medical Systems Inc. is a Montreal-based respiratory medical device company dedicated to advancing pulmonary diagnostics. The company focuses on the development of innovative technologies for the diagnosis and monitoring of lung diseases, including asthma and chronic obstructive pulmonary disease. Utilizing a unique forced oscillation technique, Thorasys has created pulmonary function test equipment that allows healthcare professionals to accurately measure lung capacity across diverse patient populations. This technology facilitates early detection of lung diseases, thereby enhancing patient care and treatment outcomes.

Founded in 2015, MY01 specializes in developing digital medical devices for accurate real-time muscle pressure measurement. Its flagship product is designed to enhance the diagnosis of Acute Compartment Syndrome (ACS) by providing timely and precise measurements.

Saccade Analytics Inc. is a Montreal-based company that specializes in developing clinical tools for analyzing data from patients' eye and head movements during simple tasks to assess brain function. Founded in 2016 by Dr. Mimi Galiana, a pioneer in the field of eye and head movement analysis, the company aims to enhance neurological care by translating advanced research into practical applications. Its flagship product, InSight, is designed for clinicians and therapists to diagnose and monitor conditions such as concussions, vestibular disorders, and other neurological issues. By harnessing decades of research, Saccade Analytics strives to provide accessible diagnostic tools that improve patient outcomes.

LynX Inspection Inc. is a developer and manufacturer of innovative inspection equipment that specializes in three-dimensional analysis and X-ray imaging to evaluate the integrity of precision parts. Founded in 2016 and headquartered in Québec, Canada, the company utilizes its proprietary technology, Predictive 3D Radiography, to provide advanced inspection solutions for the industrial market. LynX Inspection targets sectors requiring stringent quality control, such as aerospace, defense, and automotive, by offering non-destructive testing methods that enable the detection of defects in complex components. Their equipment features capabilities like X-ray simulation, auto image alignment, and multi-angle imaging, allowing for detailed inspections and precise identification of issues within a three-dimensional framework.

Laurent Pharmaceuticals Inc., established in 2012 and based in Montreal, Canada, is a biopharmaceutical company focused on developing orally-active drug candidates to modulate the immuno-inflammatory response in cystic fibrosis patients. Its lead product, LAU-7b, is a novel once-a-day oral form of fenretinide currently in clinical development stages.

Inversago Pharma Inc. is a preclinical-stage biotechnology company based in Montreal, Canada, specializing in the development of peripherally-restricted CB1 receptor inverse agonists aimed at treating various metabolic and fibrotic disorders. Founded in 2015, the company focuses on creating innovative therapies for conditions such as Prader-Willi syndrome, diabetes, and complications related to obesity. Its pipeline includes treatments for diabetic kidney disease, non-alcoholic steatohepatitis, and progressive fibrosis, including interstitial lung disease. Inversago Pharma aims to improve patient outcomes by offering new therapeutic options that target the underlying mechanisms of these diseases.

Keatext is a Montreal-based technology company that provides an AI-powered text analytics platform to synthesize customer feedback from multiple channels including surveys, online reviews, chat logs, social media, and support tickets. Using natural language processing, the platform consolidates data into a single view to surface actionable insights, helping businesses understand what customers care about, identify improvement opportunities, and make data-driven decisions to enhance customer experience and related outcomes.

SpherePlay, founded in 2014 and based in Montréal, Quebec, specializes in creating, delivering, and monetizing virtual reality (VR) experiences across various platforms. The company offers a suite of VR media players designed to help broadcasters, publishers, and commercial content distributors integrate VR experiences into their existing media distribution workflows through their own apps and websites. This solution enables the production, delivery, and sharing of immersive VR/360° content with high realism and user-friendliness.

SportLogiq is a Montreal-based developer of an artificial intelligence–driven sports analytics platform that analyzes games from standard broadcast footage. The system uses computer vision to track the location and actions of every player on the ice, field, or court, translating movement into actionable insights for teams, broadcasters, analysts, and fans. By turning game footage into quantitative data, the platform supports strategy development, viewer engagement, and data-informed storytelling across sports. Founded in 2014, the venture-backed company focuses on enabling organizations to understand game dynamics and enhance performance and coverage.

Flyscan Systems Inc. is a Québec-based company established in 2015, specializing in the development of airborne technology for detecting oil leaks in pipelines. The company's innovative platform automates the identification of small oil leaks and offers various visual inspection functions tailored for the energy sector. By utilizing industrial optics and photonics systems mounted on airborne vehicles, Flyscan provides remote detection services that enable clients to monitor underground pipelines effectively. This technology helps clients promptly address any leakages, thereby mitigating potential environmental damages.

Minitrade, Inc. operates an online platform that facilitates the buying and exchanging of women's, kids', and maternity branded clothing. Founded in 2012 and based in Quebec City, Canada, the company enables users to sell and exchange gently used clothing items, including tops, bottoms, dresses, swimwear, and outerwear for girls, boys, and women. Minitrade offers busy parents a solution to declutter their closets while providing access to high-quality clothing at significantly reduced prices, often around 70 percent off retail. The platform has successfully attracted a growing customer base, with approximately 6,000 active members in Canada. The founder, Isabelle Doucet, established Minitrade in response to her own experiences as a parent, recognizing the need for a more economical and sustainable way to manage children's wardrobes.

Handyem Inc. specializes in designing and fabricating analytical instrument platforms tailored for life science researchers. Founded in 2010 and based in Québec, Canada, the company offers innovative portable flow cytometers, including the HPC-100 and HPC-150 models. The HPC-100 is a personal cytometer that allows researchers to conduct various cytometry experiments, including cell cycle and DNA analysis, using its Cytodyem light software for configuration and data acquisition. The HPC-150 serves broader applications in life science research, bioprocessing, and water quality testing. Handyem aims to enhance the accessibility and efficiency of cytometric analysis in research settings.

iLOC Technologies Inc. specializes in the design, development, and commercialization of personal life safety and security products. Founded in 2011 and based in Montreal, Canada, the company focuses on creating innovative GPS tracking devices tailored for individuals with special needs, such as those suffering from Autism Spectrum Disorder and Alzheimer’s disease. Its product lineup includes the TRiLOC GPS Locator, which aids in locating individuals with cognitive impairments, the BlueBeacon, which provides location data in areas with weak GPS signals, and the Prime Mobile, an emergency personal monitoring device suitable for various vulnerable populations. Additionally, iLOC offers the GPS-Smartsole, a device that discreetly tracks the location of the wearer by integrating into footwear. These products are designed to enhance the safety and security of individuals while providing peace of mind to their families and caregivers.

Fortem Inc. is a company specializing in the development of physical security information management technologies aimed at enhancing public safety and private security worldwide. The company's flagship product, Omnipresence 3D, is an advanced command and control software that offers a unified monitoring and alarm platform for various security and safety systems, including CCTV, fire detection, access control, and more. Featuring a unique 3D interface, Omnipresence 3D allows for comprehensive integration of existing security equipment, facilitating real-time incident response and management. Fortem's solutions are implemented in a diverse range of environments, including security-conscious cities, military facilities, mass transit systems, airports, utilities, and large campuses. Founded in 2005 and headquartered in Montreal, Canada, Fortem was previously known as Feeling Software Inc., having rebranded in March 2012.

Founded in Montreal, Canada in 2010, Novidev Santé Active produces and markets organic fruit juices under the Anti+ brand. Its product range includes blueberry, cranberry, and pomegranate drinks, distributed through natural food stores and grocery chains across Canada.