Business Development Bank of Canada

BDC offers financing, consulting services, subordinate financing and venture capital. They focus on small and medium-sized enterprises (SMEs). BDC's services are available across Canada in both official languages through a network of more than 100 offices. Its head office is in Montreal.

Trevor Allibon

Managing Director, Subordinate Financing

Timothy April

Managing Director

Patrick Latour

SVP Growth and Transition Capital, Wholesale Financing

Vern Malcolm

Managing Director, Growth and Transition Capital

Mona Minhas

Partner

Mike Notto

Partner

Sal Rabbani

Managing Partner, Advisory Services

Andrianiaina Rajaobelina

Associate Principal

Kunle Tauhid

Vice President, Financing and Consulting

Maxime Tourangeau

Partner

280 past transactions

Royal Helium

Post in 2023
Royal Helium is a helium exploration and development company with land holdings in southern Saskatchewan and southeastern Alberta. Royal Helium is a helium leaseholder whose land has been methodically evaluated for helium potential for over two years and has been vetted by helium experts, professional geologists, and engineers.

Hojicha Co.

Debt Financing in 2022
Hojicha Co. brings the authentic hojicha experience to homes and cafes outside of Japan by offering freshly roasted hojicha made from tea leaves grown exclusively in Kyoto. As the leading supplier of hojicha in North America and the UK, Hojicha Co. offers a wide range of roasted green tea leaves and the original Hojicha Powder, the key ingredient for the famous hojicha latte.

Fieldless Farms

Series A in 2022
Fieldless Farms is an AgTech startup that produces leafy greens year-round using indoor farming technology. Fieldless' products are produced in a controlled environment, making it safe to eat right out of the box with no washing required. Fieldless is on a mission to replace foreign products and complex supply chains with foods that are safer, more secure, and more sustainable.

Fieldless Farms

Debt Financing in 2022
Fieldless Farms is an AgTech startup that produces leafy greens year-round using indoor farming technology. Fieldless' products are produced in a controlled environment, making it safe to eat right out of the box with no washing required. Fieldless is on a mission to replace foreign products and complex supply chains with foods that are safer, more secure, and more sustainable.

Dynamic Capital Equipment Finance

Debt Financing in 2022
Dynamic Capital Equipment Finance is a financial services finance company located in Kelowna.

Entosystem

Venture Round in 2022
Entosystem uses innovative insect farming technologies to position themselves as a dominant player in the circular agriculture economy. The company’s ecologically responsible process recycles grocery waste to produce a high value-added insect protein product intended for the animal nutrition market. The Sherbrooke company was founded in 2016 and presently employs 6 people.

Andion Global

Private Equity Round in 2022
Andion Global is a technology provider that offers a fully integrated, comprehensive solution for Wastewater Treatment.

Axya

Seed Round in 2022
Axya startup created an online platform connecting small and medium-sized shop owners with suppliers. It provides an easy-to-use marketplace that standardizes and centralizes the subcontracting process for the manufacturing industry.

Dozr

Series B in 2022
Dozr is bringing e-commerce to the equipment rental industry, and making construction efficient through technology.We are on a mission to power the digitization of North America's $60B+ equipment rental industry. The rental industry has been underserved by technology, and we are building the foundational infrastructure to help its transition to e-commerce. Through DOZR.com, we have built the world's largest online marketplace to connect rental companies to contractors. And recently, we launched WebStores in beta, which is the "Shopify for B2B rentals", enabling any rental company to have their individualized e-commerce storefront.

KOHO Financial

Series D in 2022
KOHO Financial provides an application-based banking platform to simplify financial products available to everyone. Its platform helps users to complete their day-to-day banking operations while offering tools such as goals, cash flow projections, group spending, spending insights, and categorizations to let users manage their expenses and banking operations on the go. The company was founded in 2014 and is headquartered in Toronto, Ontario.

Sierra Wireless

Post in 2022
Sierra Wireless, Inc. provides wireless wide area modem solutions for the mobile computing, rugged mobile, and machine-to-machine (M2M) markets. The company develops and markets wireless modems for mobile computers; embedded modules for original equipment manufacturers (OEMs); and fixed and mobile wireless data solutions for industrial, commercial, and public safety applications. Sierra Wireless was established in Richmond Hill, Ontario by John Daly.

SPYPOINT

Debt Financing in 2021
Spypoint develops and markets surveillance systems for the outdoors industry. Its unique AI-driven cellular-based remote monitoring technology has enabled the company to lead the industry into the next stage of its evolution. Every year since 2018, Spypoint has been named one of Canada's fastest growing companies.

Nicoya Lifesciences

Series A in 2021
Nicoya is a provider of advanced analytical instruments for the biotechnology and pharmaceutical industries.

General Fusion

Series E in 2021
General Fusion develops utility-scale fusion power using a new, patent-pending concept based on recent developments in Magnetized Target Fusion (MTF). MTF has been relatively unexplored by the fusion community since the 1970s, but if proven it would provide a practical near-term path to fusion energy. It is the goal of General Fusion to demonstrate and commercialize this new clean, safe, and economical concept by the end of the decade. General Fusion is supported by a global syndicate of energy venture capital funds, industry leaders, & technology pioneers.

Booxi

Seed Round in 2021
Booxi is a Montreal, Quebec-based retail-tech company that has developed an appointment booking platform used by retailers.

Terranova Security

Debt Financing in 2021
Terranova Security provides phishing, GDPR, and security awareness programs to change behaviors and reduce data breaches. Terranova Security's products are the foundation for creating programs in information security, sustainable development, privacy, and other compliances, which are driven by internal policies and regulatory and compliance requirements. It's to reduce the human risk factor to effectively counter all cyber attacks.

Grüvi

Seed Round in 2021
Gruvi makes non-alcoholic craft beer and wine on the planet. They strive to create an inclusive community focused on making better choices within their daily lives. They provide various types of non-alcoholic craft beer such as alcohol-free dry red blend, dry secco, and bubbly rose.

AON3D

Series A in 2021
AON3D builds physics-informed software, sensing systems, and hardware for advanced manufacturing processes.

#Paid

Series B in 2021
#Paid is a tech company that operates a creative marketing platform that combines brand and creator collaboration. The platform allows brands to collaborate with relevant artists, travelers, storytellers, and photographers from all over the world for product placement on social media platforms.

MSP Corp

Funding Round in 2021
MSP Corp acquires and partners with high-performing Managed Service Providers in Canada and the United States to provide resources, technology, and business support to empower exceptional MSP teams. We enable the best to be even better.

NuChem Sciences

Venture Round in 2021
NuChem Sciences is drug discovery in chemistry contract research organization (CRO) located in Montréal. It has established a diverse customer base of biotech, pharma, and academic research laboratories within North America. Its broad range of therapeutic areas including inflammation, diabetes, bone, obesity, infectious diseases, cancer, and pain.

E-SMART

Funding Round in 2021
E-SMART is a technology company that provides software solutions for a safer fleet. It develops and manufactures innovative software solutions that allow fleets to significantly improve vehicle safety while also lowering fuel consumption. With its innovative advanced driver assistance system and the E-SMART Intelligent Speed Adaptation solution, it is assisting fleets in setting new safety standards across the board. Intelligent Speed Adaptation (ISA), also known as Active Speed Management (ASM) or Advanced Driver Assistance System (ADAS), reduces speeding incidents by up to 88%. The ability to control speed in all locations by governing speed to each speed zone in real time. In order to avoid bridge strikes, the E-SMART technology detects low bridges and alerts the driver of a potential low bridge.

Hydrostor

Venture Round in 2021
Hydrostor develops and operates long-duration energy storage systems to replace the use of fossil fuels. It addresses bulk electricity system needs for dispatchable capacity, renewable integration and optimization, transmission deferral, and ancillary services, and is ideal for use in behind-the-meter or remote applications for mines and large industrial operations. Hydrostor’s solution delivers low-cost, long-duration bulk energy storage (hundreds of MWs, 4-24+ hours) that is synchronous and emission-free and can be located where required by the grid, including the ability to replace retired fossil fuel plants and the need for a new transmission.

Spark

Series A in 2021
Spark is a platform specifically designed to power the entire process of selling and marketing real estate. Using technology to help turn leads into buyers, inventory into contracts, and information into usable metrics. Spark is a safe, secure and cost-effective solution for selling and marketing real estate.

Novamera

Series A in 2021
Novamera is a venture backed start-up that is developing an innovative technology/process, called Sustainable Mining by Drilling, to recover ore from steeply dipping, narrow vein deposits that are considered uneconomic when applying traditional extraction methods.

Comet Biorefining

Series C in 2021
Comet Biorefining is a leading provider of sustainable high-quality cost-competitive cellulosic glucose technology for applications in renewable biofuels and biochemicals. The company’s proprietary technology allows for the conversion of wood, wheat straw, bagasse, corn stover and other agricultural waste materials into high purity cellulosic glucose syrup. These non-food sources offer lower cost and price stability when compared to food sugar sources such as corn or sugar cane. Demonstrated at 5 dry tons per day scale, Comet is focusing on commercial scale up and development of commercial partnerships with applications in renewables industries.

Buddha Brands

Venture Round in 2021
Buddha Brands makes plant-based snacks and beverages made with clean and purposeful ingredients so consumers can feel good about eating. Delicious snacks and beverages from Buddha Brands include thirsty buddha coconut water, thirsty buddha sparkling coconut water, and hungry buddha nutrition bars. Buddha Brands promotes healthy lifestyles by enabling communities to live better, eat better, and do better with mindfulness in mind.

Paper

Series C in 2021
Paper is a developer of an educational platform designed to make personalized tutoring available to all students. It provides tutoring, after-school enrichment, and college and career resources to support students at every step of their academic journey. The platform connects students with a certified educator who can answer questions and provide contextualized feedback on exactly where the student went wrong in the learning process.

Tulip

Series C in 2021
Tulip Retail is the world’s first cloud-based retail platform built exclusively for store associates. It was founded in 2013 by a team of mobile and e-commerce experts who are passionate about shaping the future in-store experience. Dedicated to store associate empowerment, Tulip is bringing the best of online shopping to the selling floor with an intuitive, simple to use mobile app that enables: assisted selling, endless aisle, clienteling, store communications and point of sale. Leading retailers like Saks Fifth Avenue, Kate Spade, Coach, Frye Boots, Bonobos, and Toys”R”Us use Tulip to help them deliver an unparalleled omnichannel shopping experience.

Agendrix

Venture Round in 2021
Manage better. Support your workforce. Improve employee retention. Save more time. Meet Agendrix, the workforce management and time clock software. - Get started with your first schedule in less than 5 minutes - Your employees can access their schedule anywhere, anytime on the web or their mobile phone (iOS / Android) - Centralize all employee availability, preferences, leaves, replacements, and constraints in one convenient place - Your employees create and submit their own requests via the app itself; you then simply review and approve them - Clocked starting, break, and finishing times are automatically recorded in the timesheets - Export your employees’ timesheets to your payroll software of choice - Communicate professionally with your employees in private or in group using an internal messaging system

Introhive

Series C in 2021
Introhive offers a SaaS platform that helps organizations increase revenues and improve customer experience management. Its platform brings relationship intelligence into CRM with data automation and sales acceleration. The company also provides an enterprise relationship management (ERM) solution that helps get relationship insights and boost productivity. It was founded in 2012 by Jody Glidden and Stewart Walchli and is based in Fredericton, New Brunswick.

ApplyBoard

Series D in 2021
ApplyBoard is a technology company that simplifies the study abroad search, application, and acceptance process by connecting international students, recruitment partners, and educational institutions on a single platform. Through its platform and team of experts, the application process is streamlined from discovery and application to enrollment, assisting thousands of students in pursuing their dreams of studying abroad. In 2023, ApplyBoard was named one of the fastest-growing technology companies in Canada by Deloitte as part of its Fast 50 and Fast 500 rankings. This marked the fifth consecutive year that ApplyBoard was recognized by Deloitte as one of North America’s fastest-growing companies. The ApplyBoard Team has grown rapidly in the past 8 years, employing more than 1,200 team members. The ApplyBoard headquarters is located in downtown Kitchener, Ontario, a dedicated office in Gurugram, India, and team members in 30 countries including Nepal, Bangladesh, China, the Philippines, Vietnam, the United Kingdom, Brazil, Mexico, and the United States.

Clir Renewables

Series B in 2021
Clir is a renewable energy optimization and reporting software that increases the performance and profitability of renewable plants through a cloud based platform software as a service, that integrates deep domain expertise with AI.

Xanadu

Series B in 2021
Since its founding in 2016, Xanadu has focused extensively on the effects quantum will have on society and how to best service those needs. Xanadu's ultimate goal is to provide quantum on demand to enable significant computational improvements over the best classical methods to solve really tough real-world problems. Xanadu has amalgamated leading scientists and professionals to pair academic research with industry veterans to develop a massively scalable venture.

The GIST

Debt Financing in 2021
The GIST is an audience engagement company focused on connecting and empowering underserved sports fans, particularly women, within the sports industry. Founded by women who recognized the lack of diversity and representation in sports conversations, The GIST addresses the challenges faced by fans who often feel excluded. By providing sports news, experiences, and a community tailored specifically for women, The GIST fosters a space where female fans can engage with sports on their terms. The company aims to level the playing field and ensure that all sports enthusiasts have the opportunity to participate in discussions and experiences that enrich their connection to the sports world.

Neurescence

Debt Financing in 2021
Neurescence is a biotechnology company that offers biological optical imaging. The company's product Quartet, a miniature fluorescence microscope, and data collection software for neuronal calcium imaging. Users can access and save photos from the microscope using the software. Neuronal activity can be extracted for each selected neuron using the manual selection of neurons. Every frame is time-stamped and saved in the user-selected format.

Precision AI

Seed Round in 2021
Precision AI is on a mission to accelerate artificial intelligence-based farming practices to create healthier, happier, and more profitable farms. By leveraging custom-built AI technology in drones, Precision AI takes crop production decisions from a whole field to an individual plant level. Transforming the industry's dependence on bulkier technology for decades, the outcome of these solutions helps craft the machines of tomorrow that will feed the world. With headquarters in North America, Precision AI is scaling rapidly with an elite team dedicated to solving the agricultural challenges of farms around the world.

Medtrica

Venture Round in 2021
Medtrica It gives medical workers the equipment and supplies they need to properly care for their patients. produces high-end, high-quality medical products with an emphasis on patient safety, comfort, and facility financial requirements. Standard, bariatric, and mental therapeutic bed and stretcher mattresses are available, as are goods for endoscopic and respiratory precleaning and protection.

Solvera Solutions

Debt Financing in 2021
Solvera Solutions delivers innovation and value to our clients throughout western Canada.

Deeplite

Seed Round in 2021
Deeplite creates intelligent optimization software for deep learning deployed on cloud servers and edge devices. Deeplite provides a platform that uses AI to automatically make other AI models smaller, faster, and more energy efficient creating compact, high-performance deep neural networks that can run at the “edge” in vehicles, cameras, sensors, phones; devices you use every day. A significant challenge with deep learning models is that they are too large to deploy on small hardware, too slow to process mission critical applications or compromise battery life. Deeplite solves this problem by using a fully automated, proprietary and patented AI engine to optimize DNN models so that they can be deployed to any hardware platform on any device. . Our technology leverages years of research and new developments in tinyML to produce fast, efficient and scalable deep learning solutions for challenging real-world environments. At Deeplite, we enable AI for everyday life.

QRA

Seed Round in 2021
QRA works with global organizations to automate the quality and consistency of engineering requirements. Their software tool QVscribe enables teams to identify risk, errors, and ambiguities before they manifest into late-stage rework, cost-overruns, and recalls.

Exact Imaging

Venture Round in 2021
Exact Imaging is the developer of the ExactVu™ system, the first micro-ultrasound operating at 29 MHz that provides unmatched resolution. The system enables visualization and targeting of suspicious regions, in addition to performing systematic TRUS biopsies for prostate cancer imaging.

ClearRisk

Debt Financing in 2021
ClearRisk is the Online Source for Risk Management Solutions. It offers three products to help an organization better manage it's risk. ClearRiskManager: Online platform that supplies the tools and guides the formalization of a Risk Management Plan. ClearRiskTracker: Provides the mid-market with affordable software to manange claims, exposures, litigation, incidents and insurance polices. ClearRiskTrainer: A five module online training course for business peole wanting to improve on their formal risk management knowledge.

Budge Studios

Venture Round in 2021
Budge Studios provides entertaining apps for kids. They develop and publish apps for smartphones and tablets played by children featuring profile properties including strawberry shortcake, chuggington, dora the explorer, spongebob squarepants, and minnie mouse.

Peak Power

Series A in 2021
Peak Power is a cleantech company founded in 2015 operating in Ontario, New York, New England, and California. Their flagship software, Peak Synergy, provides energy management solutions for commercial real estate and industrial customers by optimizing three core energy assets: battery energy storage systems, grid-interactive buildings, and electric vehicles. Peak Synergy enables customers to minimize operational costs, reduce emissions, and sell energy back to the grid. Peak Power’s software delivers results with innovative projects that take commercial and industrial scale storage systems and electric vehicles into electricity markets. Peak Synergy is deployed in over 13M sq. ft. of real estate, with ~150 MWh of battery and electric vehicle capacity under contract or committed.

ZenHub

Seed Round in 2021
ZenHub is project management software that is intended to assist developers in improving the software development lifecycle. The company's software assists businesses in planning their projects within GitHub and automating workflow to eliminate redundancies, extra steps, and hand-off delays, using live data to identify risks and bottlenecks, and creating a project's real-time roadmap, allowing clients to spend more time working on code and less time managing the work. ZenHub was established in 2014 in Vancouver, British Columbia by Matthew Butler.

Borrowell

Series C in 2021
Borrowell is a credit education company that offers free credit scores, education, and weekly credit monitoring. It also offers innovative digital tools like personalized credit coaching and AI-powered financial product recommendations. The company was founded in 2014 and is headquartered in Toronto, Ontario.

Longbow Advantage

Venture Round in 2021
Longbow Advantage is a trusted supply chain partner. They specialize in warehouse and workforce management implementations, upgrades, and integrations. Recognized for their leadership and expertise, their specialists combine operational experience, technical skill, and system knowledge to help companies get maximum ROI from their supply chain products. Founded in 2002, Longbow evolved from the understanding that companies need specialized knowledge to meet or exceed their expectations from their supply chain software. To meet this need, they developed expertise and a range of services to help JDA/RedPrairie and HighJump WMS users get the most from their system. They understand the cost and productivity concerns of supply chain professionals because they are industry insiders their Longbow was founded and built by people with experience in warehousing and transportation.

Foko Retail

Venture Round in 2021
Foko Retail is the mobile-first task management and communication software used by some of the world’s leading retailers and brands for operations, visual merchandising and marketing, internal communications, store audits and surveys, and more. With native apps for Android, iOS, and Web, you can take Foko Retail anywhere.

Eavor

Venture Round in 2021
Eavor is a technology-based energy company that provides a clean, carbon-neutral, scalable, baseload power solution. The company's solution represents a truly scalable form of clean baseload power. They achieve this by mitigating or eliminating many of the issues that have hindered traditional geothermal solutions. The system is made with existing commercial componentry configured in a completely novel way. They use the most recent advances in drilling techniques and merge them with the latest heat-to-power generation technology to create a scalable, steady, and reliable source of green power.

VEERUM

Series A in 2021
VEERUM is a SaaS provider that applies digital technology to asset ownership, helping our clients build and maintain a better world. VEERUM's Asset Visualization Platform provides stakeholders with the latest tools and information to optimize asset outcomes. VEERUM provides a secure cloud-based web solution enabling data transparency across the entire asset lifecycle. It allows asset stakeholders to view aggregated asset data in the context of a 3D model. All information is available for a total audit history of the asset. We are the simplest and easiest to use solution on the market so you can stay ahead of the competition on your journey to digital adoption. Our clients are accelerating the transition to digital asset ownership, effectively building and maintaining the world’s critical infrastructure. Founded in 2014, VEERUM is a global software provider headquartered in Calgary, Alberta.

TealBook

Series A in 2021
Tealbook is an enterprise software company that connects buyers and suppliers and provides the data needed to make procurement decisions. Tealbook’s innovations in buyer/supplier relations have earned recognition, including being named to the CIX Top 20 and a spot on the prestigious 2018 Gartner Cool Vendor list. Tealbook was founded in 2014 by Stephany Lapierre and is based in Toronto, Ontario, Canada.

CXsphere

Seed Round in 2021
CXsphere is a platform that combines artificial intelligence and a big data engine to aggregate and analyze customer-base-isolated data from social media platforms to deliver a comprehensive view of customers and generate a predictive profile of the end customer, enabling brand owners to identify their target audience and customers to monetarily benefit from their data.

Aifred Health

Seed Round in 2020
Aifred Health is a cutting-edge AI that will personalize treatment selection in depression, the world's top cause of medical impairment. Aifred addresses a decades-old trial-and-error technique to medicine selection. Almost 70% of people do not find relief after the first session, and 30% do not find relief by the fourth.

Kenota Health

Series A in 2020
Kenota Health develops next-generation rapid point-of-care system intended to be used for allergy testing in humans. Kenota's diagnostic tools are safe, simple, and offer a cheaper alternative to allergy testing using a thorough non-invasive technology, enabling physicians to improve patient outcomes.

Skygauge

Seed Round in 2020
Skygauge Robotics has reinvented the drone to perform a wider range of industrial work. Their first application is taking metal thickness checks on industrial structures, bridges, ships, and wind turbines. Instead of having workers on ropes, boom lifts, and scaffolding The Skygauge will perform thickness checks 5-20x faster. This reduces downtime, cost of inspection, and increases safety by keeping workers on the ground. Once they capture the inspection market, their technology will branch out into pressure washing/cleaning, painting/coating, maintenance, and construction. The same way robot arms created a workforce in factories their drones will create a workforce in the sky.

Roomvu

Pre Seed Round in 2020
Roomvu offers Automated VIDEO marketing for REALTORS®, curated by A.I. which integrates trending topics with REALTOR brands to automatically produce, publish, and post unique videos on each REALTORS®’ social media channels to generate leads | Roomvu offers eye-catching VIDEO ADS for Facebook Ads for Real Estate, Where agents can Reach leads they otherwise would never have had the opportunity to meet. Read more here https://www.inman.com/2021/02/09/roomvu-adds-digital-ads-to-its-automated-video-marketing/ Romvu has appeared on Inman News, TechCrunch, Forbes, Drastic Summit, Yahoo News, etc. You can also learn more in this short video Roomvu is backed by the National Association of Realtors’s Second Century Ventures and works with industry leaders in the real estate to facilitate its growth https://www.nar.realtor/newsroom/second-century-ventures-selects-10-tech-companies-for-2022-reach-canada-program

Tulip

Venture Round in 2020
Tulip Retail is the world’s first cloud-based retail platform built exclusively for store associates. It was founded in 2013 by a team of mobile and e-commerce experts who are passionate about shaping the future in-store experience. Dedicated to store associate empowerment, Tulip is bringing the best of online shopping to the selling floor with an intuitive, simple to use mobile app that enables: assisted selling, endless aisle, clienteling, store communications and point of sale. Leading retailers like Saks Fifth Avenue, Kate Spade, Coach, Frye Boots, Bonobos, and Toys”R”Us use Tulip to help them deliver an unparalleled omnichannel shopping experience.

MICC Financial

Pre Seed Round in 2020
MICC Financial is a platform that helps groups of people save money, access capital, and build credit. MICC allows you to set up your group objectives and meet your targets together.

Smooth Meal Prep

Pre Seed Round in 2020
Smooth Meal Prep is a food delivery platform that provides healthy fitness-focused meals conveniently to your door. They are committed to delivering convenient delicious and nutritious meals to Haligonians, helping them reach fitness goals, or just maintain a healthy life.

Granville Biomedical

Pre Seed Round in 2020
Granville Biomedical is a health tech company, specializing in the design of anatomical models to enhance health care training, advance patient education, and innovate device demonstration. Through extensive research and development involving mechanical, simulation, and biological testing, Granville Biomedical has designed a novel, biocompatible Nasopharyngeal (NP) swab for nasal specimen collection.

Aya

Seed Round in 2020
Aya Payments builds payment tools and programs for employee benefits packages. The company was founded in 2018 and based in Toronto, Ontario, Canada.

Local Logic

Series A in 2020
Local Logic is a location intelligence platform that digitizes the built world to make it universally understandable and actionable for consumers, investors, developers, and governments with the ambition of helping build cities that are more sustainable and equitable for the people that live in them. To achieve that dream, we’ve built proprietary insights on over 75Bn data points, that quantify the built world using data and AI. Our insights are used across the real estate vertical to inform decisions that impact the $217T real estate market throughout the US and Canada. The platform partners with commercial real estate, travel, and media companies, helping to guide individual projects and overall strategy for major developers and investors such as Ivanhoe Cambridge, Sonder, SmartCentres, and others. Local Logic is headquartered in Montreal, Quebec.

FLO

Series C in 2020
FLO operates an electric vehicle charging network to provide smart charging services. Its platform helps to overcome climate change and accelerate EV adoption through a vertically integrated business model.

Busbud

Series C in 2020
Busbud is a mobile app and platform that connects passengers to bus operators. It enables its users to search, compare, and book city-to-city bus tickets for any location and from any location. It is a comprehensive source of city-to-city bus schedules and tickets around the world, gathering schedules for over 10463 cities in 89 countries, in 10 languages, and 15 currencies. The app offers a search tool allowing travelers to discover and plan their next bus trip. Busbud was founded by Michael Gradek, LP Maurice, and Frederic Thouin in October 2011. It is headquartered in Montreal City in Québec, Canada.

Effenco

Series B in 2020
Effenco is an autotech company company specializing in heavy-duty vehicle electrification and connected mobility for the transport industry. It develops and markets its Active-Stop-Start electric hybrid technology, a system that improves the energy efficiency of heavy goods vehicles and reduces its greenhouse gas emissions by 30%. The company's current technology electrifies the propulsion and on-board equipment of vocational heavy-duty trucks, using an ultracapacitor-based technology. Effenco’s technology is an electric system designed to shut down the engine of vocational trucks when they are stationary and to provide electric power to the vehicle equipment, cab and chassis accessories including the HVAC system. Their system eliminates engine to use when immobile for a new and existing heavy-duty vehicle. Effenco was founded in 2006 and is headquartered in Montréal, Quebec, Canada with operations in the United States and Europe.

GHGSat

Series B in 2020
GHGSat’s mission is to become the global reference for remote sensing of greenhouse gas (GHG), air quality gas, and other trace gas emissions from any source in the world. In June 2016, GHGSat launched the world’s first high-resolution satellite capable of measuring greenhouse gas (CO2 & CH4) emissions from any industrial facility in the world. GHGSat is using this unique satellite and its patented technology to provide greenhouse gas emissions monitoring data and services globally,with better accuracy and at at a fraction of the cost of comparable alternatives. Owners of industrial facilities are now able to monitor all of their facilities, local or remote, anywhere in the world, with a common technology, in near-real-time. Significantly improved emissions information is enabling industries to better measure, control, and ultimately reduce emissions of GHGs. Building on lessons learned from its demonstration satellite, GHGSat launched its second satellite in Sept 2020 and a third is scheduled for Q1'21. Three more satellites are under construction for launch in early 2022. GHGSat also uses the same instrument technology from its satellites on aircraft, to provide complementary resolution and performance for customers in shale plays. GHGSat’s technology can also be used to monitor air quality gases, as well as other trace gases, in the atmosphere. Business cases are being developed for key markets, such as measuring SOx from ships.

BinSentry

Series A in 2020
BinSentry is an agricultural technology company developing an innovative Internet of Things (IoT) solution which enables feed mills and livestock producers to effectively monitor on-farm inventory, dramatically increasing operational efficiencies. It was founded in 2017 and is based in Kitchener, Canada.

Preciseley Microtechnology

Private Equity Round in 2020
Precise Microtechnology Corporation is a MEMS design and manufacturing company. They provide design chips for variable optical attenuators, optical switches, tuneable filters, wavelength selective switches, and optical shutters.

SOL Cuisine

Private Equity Round in 2020
To make delicious and high-quality foods that are vegan, gluten-free and healthy, using local, environmentally sound ingredients. Taste and see!

CalendarHero

Venture Round in 2020
CalendarHero develops a digital assistant application designed to minimize the distractions at work from operational tasks. The company's digital assistant application is an automated virtual assistant that streamline office works including meeting scheduling, workload management, arranging contact list, setting reminders and storing background information, enabling enterprise managers to improve productivity at work.

Flyscan

Venture Round in 2020
Flyscan develops automated, airborne, leak, and threat detection services for oil and gas pipeline operators.

D-BOX Technologies

Post in 2020
D-BOX Technologies designs and manufactures motion systems for the entertainment and industrial markets worldwide. The company’s D-BOX Motion Code technology uses motion effects programmed for visual content that are sent to a motion system integrated into a platform, a seat, or other product and results in motion synchronization with on-screen action. It offers D-BOX MFX motion systems, D-BOX servers, and D-BOX transmitters for commercial theatres; motion platforms, systems, and controllers for home theatre submarket; and D-BOX actuators and motion interface to original equipment manufacturers (OEMs).

Fable

Seed Round in 2020
Fable is a leading accessibility platform powered by people with disabilities.The best digital teams work with Fable to make products more accessible for over 1 billion people who live with disabilities.

Mysa

Debt Financing in 2020
Mysa is the first ever high-voltage thermostat that is truly smart. It is fully featured for the conscientious consumer: smart learning features which amount to approximately 15% savings on energy bills, remote access to control their home’s heating through their smartphone from anywhere in the world, and integration with popular smart home platforms (Amazon Alexa, Google Home, and Apple Homekit)

Librestream Technologies

Series D in 2020
Librestream Technologies Inc. develops the operations-driven video collaboration solution for enterprises. With its patented Onsight video collaboration solution, Librestream extends traditional video-conferencing and collaborative services to places previously unreachable by video such as an off-shore oil rig or a manufacturing plant floor. Collaborators across multiple locations can use a combination of Onsight software and camera devices to interact through live video, voice, image sharing and onscreen telestration. Industries as diverse as manufacturing, energy, healthcare, insurance, and government sectors are using Librestream’s Onsight solution to connect their ecosystem of employees, suppliers, and customers. These enterprises achieve cost-efficiencies resulting from accelerated problem resolution, reductions in downtimes and travel, improvements in customer service and increased productivity. To learn more about the company, its products and services, visit the website at www.librestream.com, email information@librestream.com or call 1.800.849.5507 (NA) / +1.204.487.0612 (Intl).

Invixium

Series C in 2020
Invixium is a leading global provider of touchless biometric solutions that utilize face recognition and temperature detection for access control, workforce management, and visitor screening. Invixium’s fully integrated hardware and software solution provides meaningful analytics to enterprises and industries for increased safety, health, security and productivity. During these unprecedented times, the security of organizations and the health of employees are ever so important. As countries ease lockdowns and plan for a return to the workplace, Invixium has been hard at work developing solutions to solve real-world problems at a rapid pace. By focusing on touchless biometric solutions that ensure the safety and security of the enterprise as well as the employee’s peace of mind; and by implementing technologies like fever detection, Invixium is leading the change into the new world of access control and workforce management. Our razor-sharp focus on enhancing the customer experience has driven us to devote countless hours to perfect our enterprise-grade software platform – IXM WEB. With intuitive workflows and data-driven dashboards, the software provides a comprehensive summary and health of your biometric system. Innovative features within the software, including IXM Time, Health, Link, Convert, and Translate, are designed to optimize enterprises’ access control or workforce management systems to be more efficient and productive. Invixium’s management team has a combined experience of more than 200 years in the biometric access control industry. This extensive experience manifests itself in everything that we have to offer. Invixium’s solutions have been deployed by major enterprises and industries across a broad spectrum of verticals including government, banking, healthcare, pharmaceuticals, refineries, seaports, mining, and higher education in over 60 countries. Invixium products are proudly Made in Canada.

Deeplite

Seed Round in 2020
Deeplite creates intelligent optimization software for deep learning deployed on cloud servers and edge devices. Deeplite provides a platform that uses AI to automatically make other AI models smaller, faster, and more energy efficient creating compact, high-performance deep neural networks that can run at the “edge” in vehicles, cameras, sensors, phones; devices you use every day. A significant challenge with deep learning models is that they are too large to deploy on small hardware, too slow to process mission critical applications or compromise battery life. Deeplite solves this problem by using a fully automated, proprietary and patented AI engine to optimize DNN models so that they can be deployed to any hardware platform on any device. . Our technology leverages years of research and new developments in tinyML to produce fast, efficient and scalable deep learning solutions for challenging real-world environments. At Deeplite, we enable AI for everyday life.

SmartMed

Grant in 2020
SmartMed mission is to design and implement smart, customizable, and user-friendly software solutions that save time, and empower users to efficiently manage the information they need so they can focus on the quality of the process.

Vendura Wellness

Grant in 2020
Habit Forming Technologies is building JackHabbit, an app that uses machine learning and gamification to nudge users into behaviors aimed at improving their physical and mental health. It will offer real-world rewards and in-app payoffs to encourage university students, among others, to cultivate beneficial habits, such as sleeping more and healthier eating.

VMOpro

Grant in 2020
VMOpro is a remote physiotherapy solution that enables patients to self-manage their injuries and conditions at home. The platform combines smart PhysioBalls that communicate with a mobile app and is monitored by physiotherapists through a clinical dashboard.

Kute Lab

Grant in 2020
Kute Lab is creating a two-sided platform; one side offers a mobile application to users that simplifies cosmetics ingredients (A chemist in your pocket) and on the other side provides market assessment to beauty manufactures.

Symend

Series B in 2020
Symend helps enterprises maximize collections effectiveness and optimize key metrics like recovery rates, liquidation rates, roll rates, and time to cure. By leveraging applied behavioral science and AI, Symend’s digital debt recovery solution empowers businesses in financial services, telecommunications, and utilities to create personalized engagements that guide customers towards positive financial outcomes. Founded in 2016 and globally recognized for innovation, Symend drives meaningful and sustainable improvements in collections strategies while fostering lasting customer relationships.

ApplyBoard

Series C in 2020
ApplyBoard is a technology company that simplifies the study abroad search, application, and acceptance process by connecting international students, recruitment partners, and educational institutions on a single platform. Through its platform and team of experts, the application process is streamlined from discovery and application to enrollment, assisting thousands of students in pursuing their dreams of studying abroad. In 2023, ApplyBoard was named one of the fastest-growing technology companies in Canada by Deloitte as part of its Fast 50 and Fast 500 rankings. This marked the fifth consecutive year that ApplyBoard was recognized by Deloitte as one of North America’s fastest-growing companies. The ApplyBoard Team has grown rapidly in the past 8 years, employing more than 1,200 team members. The ApplyBoard headquarters is located in downtown Kitchener, Ontario, a dedicated office in Gurugram, India, and team members in 30 countries including Nepal, Bangladesh, China, the Philippines, Vietnam, the United Kingdom, Brazil, Mexico, and the United States.

Clear Blue Technologies

Debt Financing in 2020
Clear Blue Technologies, the Smart Off-Grid company, combines green energy with the proven advantages of communications and cloud technology to power and control off-grid lighting, security and mobile solutions. We are ushering in a new age of off-grid systems, that deliver the reliability of grid connected systems but are environmentally friendly, less costly, and can be monitored and controlled over the Internet.

Meta Materials

Convertible Note in 2020
Meta Materials is a platform technology company that partners with OEMs across an expanding range of industries. Its extensive technology platform encompasses three core capabilities, holography, lithography, and wireless sensing, and is software and AI-design driven.

Paper

Venture Round in 2020
Paper is a developer of an educational platform designed to make personalized tutoring available to all students. It provides tutoring, after-school enrichment, and college and career resources to support students at every step of their academic journey. The platform connects students with a certified educator who can answer questions and provide contextualized feedback on exactly where the student went wrong in the learning process.

MaxSold Incorporated

Venture Round in 2020
MaxSold Incorporated is a local pickup auction marketplace specializing in estate sales, downsizing and inventory liquidation.

CoolIT Systems

Venture Round in 2020
CoolIT Systems works research, design, and deliver next generation cooling products that provide a comprehensive solution while exceeding high OEM standards for reliability and maintenance-free operation. This carefully designed and patented technology unleashes the full potential of a PC, providing superior cooling performance while reducing system level noise and improving reliability of vital components. CoolIT also works with the AMD engineering group to provide the Reference cooling solution for the latest high performance video cards.

Revelate

Debt Financing in 2020
Revelate’s data fulfillment platform provides a suite of capabilities for data sharing and data commercialization for our customers to fully realize the value of their data. We reduce the burden for data teams to distribute data the way the consumer needs it, in and outside of their organization. Revelate integrates into the fabric of any data ecosystem to prepare, package, and distribute data from anywhere to anyone.

Drillform

Private Equity Round in 2020
Drillform products are specifically manufactured to be easily maintained and supported in the field by the drilling contractor and our own experienced field service technicians.

Zetane

Debt Financing in 2020
Zetane Systems is a Montreal-region software technology company specializing in commercial applications of artificial intelligence (AI). Zetane AI development engine is proprietary software that provides a visual, intuitive, and collaborative environment for businesses to build AI solutions and products based on machine learning models. The company aims to make the development of AI solutions more accessible to AI teams in businesses and promote abilities to explain the inner workings of complex neural networks to address “black box” concerns, increase stakeholder buy-in, reduce time to market, and mitigate risks prior to deployment. In addition to selling powerful software, the company also provides a full suite of consulting services to facilitate the adoption of AI solutions in diverse industries.

Eagle's Flight

Private Equity Round in 2020
Eagle's Flight is provides a comprehensive offering of learning programs that set the standard for learner engagement and business impact.
Benchmark Instrumentation & Analytical Services is an employee owned measurement solution company. The company provide the means to capture your measurement on your terms, and we expect our performance to be benchmarked by your experience with us.

TealBook

Seed Round in 2020
Tealbook is an enterprise software company that connects buyers and suppliers and provides the data needed to make procurement decisions. Tealbook’s innovations in buyer/supplier relations have earned recognition, including being named to the CIX Top 20 and a spot on the prestigious 2018 Gartner Cool Vendor list. Tealbook was founded in 2014 by Stephany Lapierre and is based in Toronto, Ontario, Canada.

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.

Reshift security

Seed Round in 2020
Reshift security is an application security testing company. Reshift security helps modern software development teams write more secure software. They develop detailed testing services that are customized to the organization in order to improve and strengthen its security posture.

SuccessFinder

Venture Round in 2019
SuccessFinder is a technology company that specializes in human resources. Through its cloud-based talent assessment and career success prediction platform, Success Finder leverages relevant predictive analytics powered by algorithms. This platform makes decisions across the employee lifecycle, from recruiting to development, performance, and succession. SuccessFinder can predict career satisfaction based on discriminating factors like human behavior and competencies. It was founded on 2017 and is headquartered in Montréal, Quebec.

General Fusion

Series E in 2019
General Fusion develops utility-scale fusion power using a new, patent-pending concept based on recent developments in Magnetized Target Fusion (MTF). MTF has been relatively unexplored by the fusion community since the 1970s, but if proven it would provide a practical near-term path to fusion energy. It is the goal of General Fusion to demonstrate and commercialize this new clean, safe, and economical concept by the end of the decade. General Fusion is supported by a global syndicate of energy venture capital funds, industry leaders, & technology pioneers.

Nemalux

Private Equity Round in 2019
Nemalux designs and manufactures LED lighting solutions for harsh and hazardous locations. They serve the military and aerospace, grain processing, nuclear power, automation and control, mining, and heavy industrial sectors. Their products are intended to address common harsh and dangerous industrial challenges. It also develops custom solutions and advises the industry, clients, and prospects.
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