Fonds de solidarité FTQ

Fonds de solidarité FTQ is a private equity and venture capital firm established in 1983 and headquartered in Montreal, Canada. The firm specializes in investing in small and medium-sized businesses, primarily within Quebec, focusing on sectors such as aerospace, agri-food, chemicals, construction materials, life sciences, telecommunications, and tourism. Fonds de solidarité FTQ targets projects requiring investments of $3 million or more and offers loans up to $2 million. The firm does not invest in retail, real estate, farming, biotechnology, or financial services. It actively seeks opportunities in various industries, including environmental initiatives, cultural projects, and advanced manufacturing. The firm typically holds its investments for five to ten years, with a preference for equity financing and an ability to take minority or majority stakes in portfolio companies. By prioritizing projects that positively impact the Quebec economy, Fonds de solidarité FTQ aims to foster local development and growth while supporting business succession and innovation.

Khalil Akrout

Director, Private Equity and Impact Investing

Louis Aubuchon

Director, Private Equity and Impact Investing

Saloua Benkhouya

Vice President, Private Equity and Impact Investing

Hugo Bisaillon

Director, Private Equity and Impact Investing

Jean-Philippe Boutet

Director, Private Equity and Impact Investing

Guy Boutin

Director, Private Equity and Impact Investing

Justin Brasier

Director, Private Equity and Impact Investing

Olivier Brossard

Director, Private Equity and Impact Investing

Janie Béïque

President and CEO

Nadia Di Chiara

Director, Private Equity and Impact Investing

Pierre-Luc Cormier

Director, Private Equity and Impact Investing

François Saloff Coste

Director, Private Equity and Impact Investing

Denis Cyr

Director, Private Equity and Impact Investing

Serge Côtes

Director, Private Equity and Impact Investing

Alain Denis

Senior Vice President, Innovation

Marie-Pierre Donati

Director, Private Equity and Impact Investing

Amélie Dugas-Sampara

Director, Private Equity and Impact Investing

Marc-André Faix

Director, Private Equity and Impact Investing

Véronique Gagnon

Director, Private Equity and Impact Investing

Danny Gagné

Director, Private Equity and Impact Investing

Mickaël Galvani

Director, Private Equity and Impact Investing

Pierre-Pascal Giasson

Director, Private Equity and Impact Investing

Isabelle Gourdeau

Director, Private Equity and Impact Investing

Louis Gourdeau

Director, Private Equity and Impact Investing

Geneviève Guertin

Vice President, Private Equity and Impact Investing

Martin Guestier

Director, Private Equity and Impact Investing

Daniel Hinse

Vice President, Private Equity and Impact Investing

Philippe P. Huneault

Vice President, Private Equity and Impact Investing

Emmanuelle Héroux

Director, Private Equity and Impact Investing

Patrice Jolivet

Vice President, Private Equity and Impact Investing

Dominic Lainesse

Director, Private Equity and Impact Investing

Julien Laplante

Director, Private Equity and Impact Investing

Alexandre Laporte

Director, Private Equity and Impact Investing

Martin Latreille

Director, Private Equity and Impact Investing

Youssef Lemgendez

Director, Private Equity and Impact Investing

Benoit Leroux

Director, Private Equity and Impact Investing

Raphaël Marcel

Director, Private Equity and Impact Investing

Stéphan Marois

Director, Private Equity and Impact Investing

Pierre-Jean Mathon

Director, Private Equity and Impact Investing

Claudia O'Connor Messier

Director, Private Equity and Impact Investing

Serge Michaud

Director, Private Equity and Impact Investing

Véronique Missout

Director, Private Equity and Impact Investing

Julie Morand

Vice President, Private Equity and Impact Investing

Martin Ostiguy

Director, Private Equity and Impact Investing

Céline Palhol

Director, Private Equity and Impact Investing

Nicolas du Parc

Director, Private Equity and Impact Investing

Dany Pelletier

Executive Vice President, Private Equity and Impact Investing

Maxime Pesant

Director, Private Equity and Impact Investing

Gilles Poulin

Vice President, Private Equity and Impact Investing

Julie Proulx

Director, Private Equity and Impact Investing

Sophie Robillard

Vice President, Private Equity and Impact Investing

Florence Rozen

Scientific Director, Private Equity and Impact Investing

Dany Sarrazin-Sullivan

Director, Private Equity and Impact Investing

Sébastien Sauvageau

Director, Private Equity and Impact Investing

Marc-Olivier Sirard

Director, Private Equity and Impact Investing

Benoît Tétrault

Director, Private Equity and Impact Investing

Past deals in Montreal

Ventus Therapeutics

Series C in 2022
Ventus Therapeutics U.S., Inc. is a biopharmaceutical company based in Natick, Massachusetts, with an additional location in Montreal, Canada. Founded in 2019, it focuses on discovering and developing novel small-molecule medicines that target the innate immune system to address autoimmune diseases, inflammatory diseases, and cancer. The company employs a structural immunology platform that integrates protein engineering to elucidate molecular structures and mechanisms of action. This platform facilitates the development of precise binding and functional screening assays, as well as structure-based modeling. Ventus Therapeutics is advancing an emerging pipeline of drug programs aimed at key targets within the innate immune system, leveraging its proprietary capabilities in rational and structure-based drug design.

Ventus Therapeutics

Series B in 2021
Ventus Therapeutics U.S., Inc. is a biopharmaceutical company based in Natick, Massachusetts, with an additional location in Montreal, Canada. Founded in 2019, it focuses on discovering and developing novel small-molecule medicines that target the innate immune system to address autoimmune diseases, inflammatory diseases, and cancer. The company employs a structural immunology platform that integrates protein engineering to elucidate molecular structures and mechanisms of action. This platform facilitates the development of precise binding and functional screening assays, as well as structure-based modeling. Ventus Therapeutics is advancing an emerging pipeline of drug programs aimed at key targets within the innate immune system, leveraging its proprietary capabilities in rational and structure-based drug design.

district m

Series C in 2021
district m Inc. is a digital media company based in Montreal, Canada, that specializes in programmatic advertising solutions for both advertisers and publishers. Established in 2013, the company provides a comprehensive data management platform that enables real-time tracking of advertising campaigns. Its offerings include a range of services such as data and contextual targeting, engagement metrics, reporting, multi-targeting, and geotargeting, aimed at optimizing sales and conversions for advertisers. Additionally, district m operates a programmatic publisher platform that focuses on inventory monetization, yield optimization, and quality control, supporting publishers in maximizing their advertising revenue. With operations extending to Toronto and New York, district m aims to simplify the programmatic advertising process while delivering effective solutions.

Sollio Cooperative Group

Venture Round in 2020
La Coop fédérée is an agri-food federation of cooperatives that represent agricultural producers and consumers. It represents more than 60,000 members grouped into close to 70 cooperatives in multiple Canadian provinces. La Coop fédérée employs more than 13,000 employees and has a revenue of $6.3 billion. Its activities are divided into three divisions: Olymel S.E.C (under the Olymel, Flamingo and Lafleur banners, the Agri-business division (under the La Coop, Élite, Agrocentre, Agrico and Agromart banners), and the BMR Group (under the BMR, Unimat and Potvin & Bouchard banners). La Coop fédérée was founded on 1922 and is headquartered in Montreal, Quebec in Canada.

GHGSat

Series B in 2020
GHGSat Incorporated provides greenhouse gas emissions monitoring data and services. The company offers data products, including surface reflectance images, abundance datasets, concentration maps, and monitoring and emission rates. Its analysis services include monitoring of targeted sites, such as natural gas leaks from pipelines; emission rate estimations, including inventory analysis emission rate of species; augmented analysis of emissions; mosaics of commercial satellite imagery products; and trending analysis of emissions from individual sites, or grouped sites. The company offers its products through a network of resellers to oil and gas, power generation, mining, waste management, and agriculture markets in Canada and internationally. GHGSat Incorporated was founded in 2011 and is based in Montreal, Canada.

Inversago Pharma

Series B in 2020
Inversago Pharma Inc. is a preclinical-stage biotechnology company based in Montreal, Canada, focused on developing innovative peripherally-restricted cannabinoid-1 receptor (CB1) inverse agonists. Founded in 2015, the company aims to address various health conditions, including Prader-Willi syndrome, Type-1 diabetes, obesity, and other metabolic disorders such as non-alcoholic steatohepatitis. Inversago's approach seeks to overcome limitations associated with earlier generations of CB1 blockers, thereby maximizing their therapeutic potential. By advancing new drug candidates, Inversago Pharma is positioned to provide healthcare professionals and patients with effective treatment options for metabolic and fibrotic disorders.

Scandium Canada

Post in 2020
Imperial Mining Group Ltd. operates as a mineral exploration company in Canada. The company primarily explores for copper-zinc, gold, scandium-niobium-tantalum, and silver deposits. The company holds interests in the Crater Lake project comprising 96 contiguous claims covering an area of 47 square kilometers located to the northeast of Schefferville, Quebec; and the Opawica project, which includes 42 contiguous mining titles in Gand and Lespérance townships covering an area of 23.45 square kilometers situated to the east of Desmaraisville in the Chibougamau mining camp. It also holds interests in the Carheil property comprising 100 contiguous claims covering an area of approximately 46.47 square kilometers; and the Brouillan property, which includes 13 claims covering a surface area of approximately 7.22 square kilometers located in the north of the town of La Sarre. In addition, the company holds an interest in the La Ronciere project, which consists of 45 mining claims covering an area of 25.1 square kilometers in Gand and La Roncière townships. Imperial Mining Group Ltd. is based in Montreal, Canada.

WorkJam

Series C in 2020
WorkJam, Inc. is a company that offers a web and mobile application designed to enhance workforce management and employee engagement across various industries, including retail, hospitality, healthcare, and manufacturing. Founded in 2014 and headquartered in Montreal, Canada, with additional offices in Cincinnati, Ohio, and Melbourne, Australia, WorkJam's platform provides features for shift and task management, scheduling, communication, training, and employee recognition. It aims to empower shift-based and non-desk workers by facilitating agile scheduling and effective communication, ultimately driving operational efficiency and productivity. The company's solutions also support improved labor cost management and customer experience by fostering a motivated and engaged workforce. WorkJam has established a strategic partnership with Digital Goodie to further enhance its offerings.

Chocmod

Venture Round in 2020
Chocmod is a family business founded in 1948 and located in Roncq in northern France. Truffles world leader, the company manufactures and distributes chocolate truffles through more than 45 countries on 5 continents. In 2011, a second production unit has been installed in St-Jean-sur-Richelieu near Montreal in order to serve the American market.

Amex Exploration

Post in 2019
Amex Exploration Inc. is a mining exploration company based in Montreal, Canada, focused on acquiring, exploring, and developing gold and base metal projects primarily in Quebec. The company holds interests in several key properties, including the Perron gold project, which encompasses 116 mining claims over 4,518 hectares in Rouyn-Noranda. Additionally, Amex Exploration owns the Cameron property, the Madeleine West and East properties, and the Pusticamica property, among others, totaling substantial land holdings across the region. The Eastmain River properties, located in the Eeyou Istchee Territory of Baie James, further enhance its portfolio. The company is also exploring an option to acquire the Gowan property near the Kidd Creek Mine in Timmins. With a commitment to developing viable deposits in mining-friendly jurisdictions, Amex Exploration aims to advance its exploration and evaluation activities to bring its projects into production.

Stradigi AI

Series A in 2019
Stradigi AI Inc., founded in 2005 and based in Montreal, Canada, specializes in developing an AI-based software-as-a-service (SaaS) platform designed to enhance business performance through data-driven insights. The company’s flagship product, the Kepler AI platform, empowers users across various business functions to leverage artificial intelligence and machine learning technologies. By providing automated machine learning workflows, Stradigi AI enables organizations to accelerate the deployment of AI solutions, facilitating the extraction of valuable insights from their data. This approach allows businesses to enhance customer experiences, increase revenue, and achieve operational efficiencies, thereby transforming how they make data-driven decisions.

Coveo

Private Equity Round in 2019
Coveo Solutions Inc. develops an intelligent enterprise search platform designed for mid-to-large size organizations across various industries. Its offerings include Coveo for Salesforce, which enhances search functionality and automated content recommendations, and Coveo for Sitecore, which facilitates personalized website search. The platform integrates data from on-premise and cloud applications, enabling employees and customers to access relevant information and expertise seamlessly. Coveo also provides solutions for customer service and customer relationship management, aiding in self-service initiatives and optimizing contact center performance. Founded in 2004 and headquartered in San Mateo, California, with research and development in Quebec City, Coveo maintains additional offices in Montreal, Amsterdam, and the United Kingdom. The company has established strategic technology partnerships with Salesforce and Sitecore and generates significant revenue from the United Kingdom, with additional income from the United States, Canada, and other regions.

Sollio Cooperative Group

Venture Round in 2019
La Coop fédérée is an agri-food federation of cooperatives that represent agricultural producers and consumers. It represents more than 60,000 members grouped into close to 70 cooperatives in multiple Canadian provinces. La Coop fédérée employs more than 13,000 employees and has a revenue of $6.3 billion. Its activities are divided into three divisions: Olymel S.E.C (under the Olymel, Flamingo and Lafleur banners, the Agri-business division (under the La Coop, Élite, Agrocentre, Agrico and Agromart banners), and the BMR Group (under the BMR, Unimat and Potvin & Bouchard banners). La Coop fédérée was founded on 1922 and is headquartered in Montreal, Quebec in Canada.

LANDR

Series B in 2019
LANDR Audio Inc. provides a cloud based intelligent audio mixing and mastering technology for musicians. It offers MixGenius, an intelligent music production system that listens and responds using complex algorithms to engineer music. The company’s MixGenius includes psychoacoustic and spectral analysis system that actively listens to music and detects detailed features in the audio signals. LANDR Audio Inc. was formerly known as MixGenius, Inc. LANDR Audio Inc. was founded in 2012 and is based in Montreal, Canada.

CARTIER

Venture Round in 2019
CARTIER agency offers integrated communications and marketing services. These include in particular creation, design, content marketing, mobile marketing, relationship marketing, strategic planning, brand positioning and branding, sponsorship, social media, print, digital and audiovisual production, as well as a full media service

Enerkem

Corporate Round in 2019
Enerkem Inc., a development stage company, focuses on the development and production of renewable biofuels and chemicals from waste. The company primarily focuses on the commercial production of cellulosic ethanol. Its proprietary thermochemical process converts waste into biofuels and chemicals. The company has a strategic partnership with NOVA Chemicals Corporation. The company is based in Montreal, Canada.

Cirque du Soleil

Debt Financing in 2019
Cirque du Soleil is an entertainment company based in Montreal, Canada, founded in 1984. It specializes in the production of live shows that combine performance art with theatrical plots, incorporating elements such as music, aerobatic, and aerial performances. The company organizes a variety of events, including seasonal shows, touring productions, resident performances, and arena shows, catering to diverse audiences. Cirque du Soleil also provides an online platform where users can find information about shows and purchase tickets. Additionally, it operates an online boutique that sells apparel, accessories, collectibles, and art related to its performances. The company's shows are prominently featured in locations such as Las Vegas, New York, Orlando, and Riviera Maya.

district m

Series A in 2019
district m Inc. is a digital media company based in Montreal, Canada, that specializes in programmatic advertising solutions for both advertisers and publishers. Established in 2013, the company provides a comprehensive data management platform that enables real-time tracking of advertising campaigns. Its offerings include a range of services such as data and contextual targeting, engagement metrics, reporting, multi-targeting, and geotargeting, aimed at optimizing sales and conversions for advertisers. Additionally, district m operates a programmatic publisher platform that focuses on inventory monetization, yield optimization, and quality control, supporting publishers in maximizing their advertising revenue. With operations extending to Toronto and New York, district m aims to simplify the programmatic advertising process while delivering effective solutions.

Kaloom

Series A in 2018
Kaloom Inc. provides large-scale networking, analytics and AI-based solutions. It offers programmable spine and leaf switches, and storage and application severs. It offers its services to data center operator, telcommunication, enterprise, cloud, and gaming industries. The company was founded in 2014 and is based in Montreal, Canada.

Taxelco

Venture Round in 2018
Taxelco is dedicated to providing ecological taxi transport solutions in Montreal. The company aims to consolidate the interests of the taxi industry for the benefit of stakeholders and citizens alike. By focusing on fully electric vehicles, Taxelco seeks to create operational synergies and leverage information technologies to enhance efficiency. A pilot project launched in November 2015 involved 50 electric taxis, designed to optimize performance in Montreal's challenging weather conditions. This initiative not only promotes sustainable transportation but also positions Montreal as a leader in green urban mobility, aligning with the city's cultural and innovative identity. Through its efforts, Taxelco contributes to responsible economic and social development within the community.

Mnubo

Series B in 2018
Mnubo Inc. specializes in smart data management and analytics for the Internet of Things (IoT), serving enterprises, service providers, and device manufacturers. Founded in 2012 and headquartered in Montreal, Canada, with an additional office in Tokyo, Japan, Mnubo's cloud platform allows original equipment manufacturers (OEMs) to connect, collect, analyze, and utilize data from their connected devices. The company provides real-time data collection and management services, including object modeling and lifecycle management. Its solutions cater to various sectors such as wearable technology, industrial applications, automotive, building management, and healthcare. By equipping manufacturers with actionable insights, Mnubo enhances product usage, boosts customer engagement, and reduces operational costs. As of mid-2019, Mnubo operates as a subsidiary of Aspen Technology, Inc.

Enerkem

Corporate Round in 2018
Enerkem Inc., a development stage company, focuses on the development and production of renewable biofuels and chemicals from waste. The company primarily focuses on the commercial production of cellulosic ethanol. Its proprietary thermochemical process converts waste into biofuels and chemicals. The company has a strategic partnership with NOVA Chemicals Corporation. The company is based in Montreal, Canada.

Lufa Farms

Venture Round in 2017
Lufa Farms is an agricultural and technology company located in Montreal, Quebec. It is reputed to have built the world's first commercial rooftop greenhouse. The company's first greenhouse began operations in early 2011. Its second greenhouse opened in late 2013.

Kaloom

Series A in 2017
Kaloom Inc. provides large-scale networking, analytics and AI-based solutions. It offers programmable spine and leaf switches, and storage and application severs. It offers its services to data center operator, telcommunication, enterprise, cloud, and gaming industries. The company was founded in 2014 and is based in Montreal, Canada.

JLR

Venture Round in 2016
JLR Inc. provides online services for searching real estate information and real estate transaction process. It offers solutions in the categories of risk analysis, investigation and recovery, market share analysis, real estate portfolio monitoring, business development, regulation and compliance, property valuation, and more. It serves financial institutions and insurers; government agencies; and real estate and mortgage brokers, appraisers, investors, notaries, and lawyers. The company was founded in 1986 and is based in Montreal, Canada. As of December 14, 2018, JLR Inc. operates as a subsidiary of Equifax Canada Co.

district m

Seed Round in 2016
district m Inc. is a digital media company based in Montreal, Canada, that specializes in programmatic advertising solutions for both advertisers and publishers. Established in 2013, the company provides a comprehensive data management platform that enables real-time tracking of advertising campaigns. Its offerings include a range of services such as data and contextual targeting, engagement metrics, reporting, multi-targeting, and geotargeting, aimed at optimizing sales and conversions for advertisers. Additionally, district m operates a programmatic publisher platform that focuses on inventory monetization, yield optimization, and quality control, supporting publishers in maximizing their advertising revenue. With operations extending to Toronto and New York, district m aims to simplify the programmatic advertising process while delivering effective solutions.

Fresche Solutions

Venture Round in 2016
Fresche Solutions Inc. is a legacy management company that specializes in modernizing business-critical applications and systems. Founded in 1976 and headquartered in Montreal, Canada, with additional offices globally, the company provides a range of services and tools designed to enhance and extend the life of legacy applications. Its offerings include the X-Analysis software suite for managing the IBM i lifecycle, iModernize for transforming AS/400 RPG and COBOL applications into modern architectures, and the Newlook suite for IBM i applications. Fresche also offers consulting and technical support services in areas such as application modernization, project management, and ongoing support. The company serves a diverse clientele both in Canada and internationally, focusing on delivering comprehensive modernization solutions that promote efficiency and reduce IT operating costs.

DalCor Pharmaceuticals

Series B in 2016
DalCor Pharmaceuticals specializes in precision medicine aimed at treating cardiovascular diseases by tailoring therapies to individual patients based on their genetic profiles. The company's primary product, dalcetrapib, is a cholesterol ester transfer protein inhibitor designed to mitigate residual cardiovascular risk in patients with a specific ADCY9 genetic profile. This approach is supported by pharmacogenomic research indicating that patients with acute coronary syndrome who possess a particular genetic variant experience a significant reduction in cardiovascular events when treated with dalcetrapib compared to placebo. Founded in 2015, DalCor has established its headquarters in Montreal, Canada, with additional offices in Sarasota, Florida; Zug, Switzerland; and Leatherhead, United Kingdom. The company has secured exclusive worldwide rights to dalcetrapib and the associated ADCY9 genetic marker from Roche, allowing it to focus on enhancing treatment outcomes for genetically targeted patients.

Triotech

Venture Round in 2016
Triotech is a Canadian company founded in 1999 that specializes in creating immersive and interactive media-based attractions for the entertainment and edutainment sectors. With installations in over 40 countries, it has garnered significant recognition for its innovative designs. Triotech's offerings include dark rides, flying theaters, dark coasters, and 4D simulators, all of which are complemented by customized components that ensure seamless hardware integration, software functionality, and effective project delivery. The company operates its own studio to develop state-of-the-art content tailored to its attractions, enhancing the visitor experience. Triotech also has offices in the USA, the UK, and China, further expanding its global reach.

Orckestra

Series B in 2015
Orckestra specializes in providing an omnichannel commerce platform that aims to redefine customer experience through advanced technology solutions. The platform centralizes various commerce experiences, facilitating seamless data exchange and workflow integration across the digital ecosystem. This approach allows organizations to optimize and customize their operations, fostering adaptability and innovation in the digital economy. By focusing on flexibility and robustness, Orckestra helps clients meet the evolving demands of consumers while enhancing their overall performance in an increasingly competitive landscape.

Coveo

Series D in 2015
Coveo Solutions Inc. develops an intelligent enterprise search platform designed for mid-to-large size organizations across various industries. Its offerings include Coveo for Salesforce, which enhances search functionality and automated content recommendations, and Coveo for Sitecore, which facilitates personalized website search. The platform integrates data from on-premise and cloud applications, enabling employees and customers to access relevant information and expertise seamlessly. Coveo also provides solutions for customer service and customer relationship management, aiding in self-service initiatives and optimizing contact center performance. Founded in 2004 and headquartered in San Mateo, California, with research and development in Quebec City, Coveo maintains additional offices in Montreal, Amsterdam, and the United Kingdom. The company has established strategic technology partnerships with Salesforce and Sitecore and generates significant revenue from the United Kingdom, with additional income from the United States, Canada, and other regions.

Falco Resources

Post in 2015
Falco Resources Ltd. engages in the exploration, development, and evaluation of mineral properties in Canada. The company explores for base and precious metals, such as gold, zinc, copper, and silver deposits. It owns mining claims and contractual rights in relation to mining concessions covering approximately 70,000 hectares of land in the Rouyn-Noranda mining camp located in the Province of Québec. Its principal asset is the Horne 5 Project located in the former Horne mine. The company was formerly known as Falco Pacific Resource Group Inc. and changed its name to Falco Resources Ltd. in July 2014. Falco Resources Ltd. was incorporated in 2010 and is headquartered in Montreal, Canada.

Gladius Pharmaceuticals

Series A in 2015
Gladius Pharmaceuticals Inc., a Montréal-based biotechnology firm developing novel drugs to treat life-threatening, multi-drug-resistant bacterial infections.Gladius is a disruptive platform technology play, capable of developing multiple novel drug candidates
Osisko Gold Royalties is an intermediate precious metal royalty company based in Montreal, Quebec. It specializes in acquiring and managing a diverse portfolio of over 130 royalties, streams, and precious metal offtakes, primarily focused on North America. The company's most significant asset is a 5% net smelter return royalty on the Canadian Malartic Mine, the largest gold mine in Canada. In addition to its royalty interests, Osisko maintains stakes in several publicly traded resource companies, including Barkerville Gold Mines and Osisko Mining. The company operates under two main segments: managing precious metal royalties and the exploration and development of mining projects. Osisko's income is predominantly generated from North America, with ongoing exploration efforts in various locations, including the Hammond Reef Project in Ontario and other ventures in Mexico.

Monarques Gold

Post in 2014
Monarques Gold Corporation (TSX-V: MQR) is an emerging gold producer whose goal is to continue to grow through its strong position in the North American quality project portfolio located in the Abitibi mining camp in Quebec, Canada. The Company currently holds more than 240 km² of gold properties including the Beaufor Mine, the Croinor Gold and Wasamac Advanced Projects, the Camflo and Beacon Mills, and six promising exploration projects. It also offers contract machining services from its Camflo plant with a capacity of 1,200 tonnes per day.

AV&R

Venture Round in 2014
AV&R Inc. is an engineering company based in Montreal, Canada, specializing in automation, machine vision, and robotics solutions. Founded in 1994, the company provides a range of services including robotic finishing such as polishing, deburring, and profiling, as well as automated assembly and sub-assembly of components. AV&R also offers robotic painting, automated visual inspection, and customized automation solutions to enhance manufacturing processes and ensure quality control, particularly for gas turbine parts used in the energy sector. The company's clients span various industries, including manufacturing, automotive, aerospace, defense, mining, energy, medical devices, and food and packaging. In June 2013, the company rebranded from AV&R Vision & Robotics Inc. to AV&R Inc.

GuestDriven

Series A in 2014
GuestDriven is a hospitality-focused guest engagement solution. We help hotels directly interact with guests, learn their preferences, build relationships and upsell inventory through personalized, moment-based targeted offers and communications. Guests are empowered with the ability to personalize and take full control of their stay, resulting in higher satisfaction, better reviews and more brand advocates. Founded in 2010 and headquartered in Montreal, Canada, GuestDriven has implementations in over 60 cities worldwide. Our team is dedicated to revolutionizing the most universal industry in the world.

Muse Entertainment

Venture Round in 2013
Muse Entertainment, founded in 1998, is an acclaimed film and television production company based in Quebec, Canada, with additional offices in Montreal, Toronto, and Los Angeles. The company specializes in producing a diverse range of content, including dramatic series, television movies, mini-series, family programs, documentary series, and lifestyle specials. Muse is recognized for its high-quality productions that resonate with audiences both in North America and internationally, boasting over 100 international awards and more than 300 nominations. The company has established itself as a leader in co-productions and international partnerships, collaborating with numerous firms across various countries to optimize production costs and leverage fiscal advantages. By effectively combining creative, artistic, technical, and financial resources, Muse Entertainment continues to develop a robust portfolio of projects for major television networks worldwide.

Coveo

Series C in 2012
Coveo Solutions Inc. develops an intelligent enterprise search platform designed for mid-to-large size organizations across various industries. Its offerings include Coveo for Salesforce, which enhances search functionality and automated content recommendations, and Coveo for Sitecore, which facilitates personalized website search. The platform integrates data from on-premise and cloud applications, enabling employees and customers to access relevant information and expertise seamlessly. Coveo also provides solutions for customer service and customer relationship management, aiding in self-service initiatives and optimizing contact center performance. Founded in 2004 and headquartered in San Mateo, California, with research and development in Quebec City, Coveo maintains additional offices in Montreal, Amsterdam, and the United Kingdom. The company has established strategic technology partnerships with Salesforce and Sitecore and generates significant revenue from the United Kingdom, with additional income from the United States, Canada, and other regions.

Acquisio

Private Equity Round in 2012
Acquisio specializes in providing performance marketing solutions tailored for local businesses and the agencies that serve them. The company offers a powerful programmatic engine that enables digital marketers to optimize search campaigns and manage social, mobile, and display initiatives through an intuitive dashboard. Acquisio's automated system handles a significant portion of campaign management, allowing users to focus on data analysis and campaign improvement. The company emphasizes exceptional customer support, providing access to Account Managers and Analysts as well as a dedicated trading desk. With a client base of over 500 agencies and more than 25,000 advertisers, Acquisio has established itself as a leader in the industry and has received multiple accolades for its rapid growth. The company operates from its headquarters in Montreal, with additional offices in New York, Seattle, London, and Japan.

Coveo

Series B in 2009
Coveo Solutions Inc. develops an intelligent enterprise search platform designed for mid-to-large size organizations across various industries. Its offerings include Coveo for Salesforce, which enhances search functionality and automated content recommendations, and Coveo for Sitecore, which facilitates personalized website search. The platform integrates data from on-premise and cloud applications, enabling employees and customers to access relevant information and expertise seamlessly. Coveo also provides solutions for customer service and customer relationship management, aiding in self-service initiatives and optimizing contact center performance. Founded in 2004 and headquartered in San Mateo, California, with research and development in Quebec City, Coveo maintains additional offices in Montreal, Amsterdam, and the United Kingdom. The company has established strategic technology partnerships with Salesforce and Sitecore and generates significant revenue from the United Kingdom, with additional income from the United States, Canada, and other regions.

Montrusco Bolton Investments

Venture Round in 2008
Montrusco Bolton Investments is a Canadian boutique investment firm based in Montreal, established in 1984. The firm specializes in asset management and serves a diverse clientele of over 100 institutional investors, including both Canadian and international clients. With a focus on providing tailored investment solutions, Montrusco Bolton aims to meet the unique needs of its clients in the dynamic financial landscape.

LxDATA

Venture Round in 2008
LxDATA creates reliable photonic solutions that assist reservoir and production engineering teams acquire critical sub-surface data and provide valuable information to better understand the sub-surface and the associated uncertainty. With real-time reservoir monitoring, information can be extracted and can be used as critical input into reservoir exploration and management decisions.

Iscopia Software

Series B in 2008
Headquartered in Montreal, Iscopia provides on-demand online hiring solutions (delivered over the web as Software as a Service) that enable organizations of all sizes to recruit the best candidates and promote the most deserving employees. Iscopia's award-winning online hiring solution, AQSâ„¢, enables small and medium-sized businesses (SMB) to hire better employees and reduce turnover quickly, simply and economically. Our customer base ranges from industry leading test publishers and HR consultants to companies large and small.

Bluestreak Technology

Series D in 2007
Bluestreak Technology, Inc. specializes in delivering media applications and video services tailored for connected devices such as televisions, set-top boxes, smartphones, and tablets. Founded in 2002 and headquartered in Montreal, Canada, the company offers a range of products including the MachBlue platform, which enables over-the-top video services for various devices; MachBlue Smart Runtime Classic, which allows companies to develop cross-device experiences using Adobe Flash; and MachBlue Studio, an application testing and optimization tool. Bluestreak also provides solutions for mobile television, electronic program guides, video on demand, and live event broadcasting. The company's clientele features a diverse array of industry leaders, including Alcatel, Ericsson, LG, and Vodafone. Bluestreak Technology operates as a subsidiary of Espial Group, Inc. and has additional offices in France and South Korea.

Enobia Pharma

Series B in 2007
Enobia Pharma focuses on developing therapies for serious genetic bone disorders that currently lack approved treatments. The company specifically targets conditions such as hypophosphatasia (HPP), a rare metabolic disorder that affects bone mineralization and can lead to severe skeletal deformities and other health complications. Through its innovative research and development efforts, Enobia aims to provide effective solutions for patients suffering from these debilitating conditions.

Trellia Networks

Series B in 2007
Trellia Networks, Inc. develops enterprise mobility management solutions. It provides mobile policy management and enforcement solutions, which enable IT departments to centrally define, create, manage, automate, and enforce mobile policies; and a hosted Mobile Policy Management platform, which features 3G data plan management and 3G/Gobi asset management capabilities. The company’s products include mobile policy manager (MPM) for mobile broadband, which allows enterprises to choose pre-configured mobility policies, as well as deploy solutions, such as wire-line access, 3G, or VPNs; and MPM for mobile enterprise, which provides policy automation and enforcement for access, security, cost, and productivity to the functionality provided by the MPM for wireless broadband edition. Trellia Networks, Inc. was founded in 2003 and is based in Montreal, Canada.

OZ Communications

Series B in 2006
OZ Communications, Inc., a software company, provides consumer mobile messaging solutions. It offers OZ Mobile IM, a solution that enables mobile operators to offer access to already established instant messaging services; OZ Consumer Email, an email solution for consumer mobile phones and devices to send and receive emails to friends and family; and OZ SmartMail, an email solution for savvy, small business, and home business professionals. The company also provides OZ Mobile IMPS Server, a solution that enables mobile operators to build own mobile instant messaging communities; and OZ Mobile Social Networking, which enables mobile operators to deliver mobile social networking experience to end users. In addition, it offers device application development services, custom server solutions and system integration services, application service provider solutions, and business consulting services. The company's customers include mobile operators, handset manufacturers, portals, and online communities. It has strategic partnerships with America Online, Inc.; Microsoft; and Yahoo!. OZ Communications, Inc. was formerly known as OZ.COM. The company was founded in 1991 and is based in Montreal, Canada with regional offices in the United States, Europe, and India. As of November 4, 2008, OZ Communications Inc. operates as a subsidiary of Nokia Corp.

Coveo

Series A in 2006
Coveo Solutions Inc. develops an intelligent enterprise search platform designed for mid-to-large size organizations across various industries. Its offerings include Coveo for Salesforce, which enhances search functionality and automated content recommendations, and Coveo for Sitecore, which facilitates personalized website search. The platform integrates data from on-premise and cloud applications, enabling employees and customers to access relevant information and expertise seamlessly. Coveo also provides solutions for customer service and customer relationship management, aiding in self-service initiatives and optimizing contact center performance. Founded in 2004 and headquartered in San Mateo, California, with research and development in Quebec City, Coveo maintains additional offices in Montreal, Amsterdam, and the United Kingdom. The company has established strategic technology partnerships with Salesforce and Sitecore and generates significant revenue from the United Kingdom, with additional income from the United States, Canada, and other regions.

Bluestreak Technology

Series C in 2006
Bluestreak Technology, Inc. specializes in delivering media applications and video services tailored for connected devices such as televisions, set-top boxes, smartphones, and tablets. Founded in 2002 and headquartered in Montreal, Canada, the company offers a range of products including the MachBlue platform, which enables over-the-top video services for various devices; MachBlue Smart Runtime Classic, which allows companies to develop cross-device experiences using Adobe Flash; and MachBlue Studio, an application testing and optimization tool. Bluestreak also provides solutions for mobile television, electronic program guides, video on demand, and live event broadcasting. The company's clientele features a diverse array of industry leaders, including Alcatel, Ericsson, LG, and Vodafone. Bluestreak Technology operates as a subsidiary of Espial Group, Inc. and has additional offices in France and South Korea.

Topigen Pharmaceuticals

Series B in 2005
Topigen Pharmaceuticals is a biotechnology company that is focused on the scientific research and development of therapeutic drugs. It develops treatments for respiratory disorders, including asthma and chronic obstructive pulmonary disease. Topigen Pharmaceuticals offers TPI ASM8, a drug that is developed for the management of moderate to severe asthma; and TPI 1100, a drug that is developed for the chronic obstructive pulmonary disease. Topigen Pharmaceuticals was acquired by Pharmaxis in January 2010. Topigen Pharmaceuticals was founded in 2000 and is based in Montreal, Quebec.

Bluestreak Technology

Series B in 2005
Bluestreak Technology, Inc. specializes in delivering media applications and video services tailored for connected devices such as televisions, set-top boxes, smartphones, and tablets. Founded in 2002 and headquartered in Montreal, Canada, the company offers a range of products including the MachBlue platform, which enables over-the-top video services for various devices; MachBlue Smart Runtime Classic, which allows companies to develop cross-device experiences using Adobe Flash; and MachBlue Studio, an application testing and optimization tool. Bluestreak also provides solutions for mobile television, electronic program guides, video on demand, and live event broadcasting. The company's clientele features a diverse array of industry leaders, including Alcatel, Ericsson, LG, and Vodafone. Bluestreak Technology operates as a subsidiary of Espial Group, Inc. and has additional offices in France and South Korea.
Microbridge Technologies Canada Inc. specializes in the manufacture and licensing of electronic calibration products and solutions, serving the consumer, automotive, and medical sectors both in Canada and internationally. The company offers a range of sensors, including linear analog-conditioned low differential air pressure sensors and micro flow sensors, as well as sensor conditioners featuring Rejustors. These Rejustor-based products, which include electrically adjustable resistors, are designed to calibrate and compensate analog circuits and systems. Microbridge's products find applications in various fields, including HVAC systems, medical CPAP devices, and blood pressure monitors. The company distributes its offerings through a network of distributors and has its headquarters in Montreal, Canada, with additional offices in Boston and San Jose. Founded in 1999, Microbridge Technologies Canada was previously known as Microbridge Technologies, Inc. until its name change in 2005.

Enobia Pharma

Series A in 2005
Enobia Pharma focuses on developing therapies for serious genetic bone disorders that currently lack approved treatments. The company specifically targets conditions such as hypophosphatasia (HPP), a rare metabolic disorder that affects bone mineralization and can lead to severe skeletal deformities and other health complications. Through its innovative research and development efforts, Enobia aims to provide effective solutions for patients suffering from these debilitating conditions.

Topigen Pharmaceuticals

Venture Round in 2004
Topigen Pharmaceuticals is a biotechnology company that is focused on the scientific research and development of therapeutic drugs. It develops treatments for respiratory disorders, including asthma and chronic obstructive pulmonary disease. Topigen Pharmaceuticals offers TPI ASM8, a drug that is developed for the management of moderate to severe asthma; and TPI 1100, a drug that is developed for the chronic obstructive pulmonary disease. Topigen Pharmaceuticals was acquired by Pharmaxis in January 2010. Topigen Pharmaceuticals was founded in 2000 and is based in Montreal, Quebec.

Sirios Resources

Post in 2004
Sirios Resources Inc. is an exploration company focused on evaluating and developing mineral resources in Canada, particularly gold and silver deposits. Established in 1994 and headquartered in Montreal, the company aims to discover significant gold reserves in the James Bay region of Quebec. Its flagship project, the Cheechoo project, encompasses 145 claims over an area of 7,400 acres. Through its exploration efforts, Sirios Resources seeks to contribute to the mining sector by identifying and advancing world-class mineral assets in this region.

Sirios Resources

Post in 2003
Sirios Resources Inc. is an exploration company focused on evaluating and developing mineral resources in Canada, particularly gold and silver deposits. Established in 1994 and headquartered in Montreal, the company aims to discover significant gold reserves in the James Bay region of Quebec. Its flagship project, the Cheechoo project, encompasses 145 claims over an area of 7,400 acres. Through its exploration efforts, Sirios Resources seeks to contribute to the mining sector by identifying and advancing world-class mineral assets in this region.
Microbridge Technologies Canada Inc. specializes in the manufacture and licensing of electronic calibration products and solutions, serving the consumer, automotive, and medical sectors both in Canada and internationally. The company offers a range of sensors, including linear analog-conditioned low differential air pressure sensors and micro flow sensors, as well as sensor conditioners featuring Rejustors. These Rejustor-based products, which include electrically adjustable resistors, are designed to calibrate and compensate analog circuits and systems. Microbridge's products find applications in various fields, including HVAC systems, medical CPAP devices, and blood pressure monitors. The company distributes its offerings through a network of distributors and has its headquarters in Montreal, Canada, with additional offices in Boston and San Jose. Founded in 1999, Microbridge Technologies Canada was previously known as Microbridge Technologies, Inc. until its name change in 2005.
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