Fonds Innovexport

Fonds Innovexport is a venture capital firm specializing in seed and start-up investments. The firm seeks to invest in companies with innovative products or services with strong export potential. The firm does not invest in farming and forestry, mining, biotechnology, real estate, brick and mortar retail sales, businesses involving sexual, religious, political and similar activities, legal, environmental, ethical or governance issues and any project of a company that already has the required financial resources. The firm prefers to invest through convertible debt or equity. The typically makes equity investment from $0.05 to $1 million for each round of funding, up to a maximum of $3 million per business. Fonds Innovexport is based in Quebec City, Canada.

Richard Bordeleau

President

Jean-Simon Cayer

Principal of Investments and Director

Virginie Jacques

Financial Director

26 past transactions

C2Ro

Seed Round in 2018
C2RO is a high-tech enterprise software company based in Montreal, Canada. It offers privacy-aware video analytics solution for physical spaces using proprietary edge-cloud AI. C2RO's product, Perceive™, is enabling the digital transformation of physical spaces, including retail and commercial real estate, and smart city towards experiential and interactive environments for visitors. C2RO solutions are built for scale and reuse existing surveillance cameras while being compliant with the most restrictive data privacy regulations in the world.

AlayaCare Inc.

Series C in 2020
AlayaCare is a start-up that delivers an end-to-end home health care software platform and hardware ecosystem. The platform allows home care agencies to deliver mixed telehealth/visiting health solutions enabling empowered patients to live better while driving down the cost of care. The founders are a proven team of entrepreneurs who have founded, scaled, and sold two mobile software business. AlayaCare aims to provide a solution to a market mired in legacy software and suboptimal business processes. In doing so, it delivers better outcomes for the patient, better tools for the providers, and better economics for the payers. It promotes an open culture where every team member has the obligation to dissent, but the obligation to always keep the big picture in mind. Through its association with The Madiro Fund, the company also contributes its solution free of charge to NGOs working in the developing world who are seeking to leverage mobile technology to improve the lives of those less fortunate. Adrian Schauer and Neil Grunberg launched the company in Montréal, Quebec in 2014.

AlayaCare Inc.

Series B in 2018
AlayaCare is a start-up that delivers an end-to-end home health care software platform and hardware ecosystem. The platform allows home care agencies to deliver mixed telehealth/visiting health solutions enabling empowered patients to live better while driving down the cost of care. The founders are a proven team of entrepreneurs who have founded, scaled, and sold two mobile software business. AlayaCare aims to provide a solution to a market mired in legacy software and suboptimal business processes. In doing so, it delivers better outcomes for the patient, better tools for the providers, and better economics for the payers. It promotes an open culture where every team member has the obligation to dissent, but the obligation to always keep the big picture in mind. Through its association with The Madiro Fund, the company also contributes its solution free of charge to NGOs working in the developing world who are seeking to leverage mobile technology to improve the lives of those less fortunate. Adrian Schauer and Neil Grunberg launched the company in Montréal, Quebec in 2014.

Aerial Technologies Inc.

Seed Round in 2018
Aerial Technologies Inc. develops cloud based solutions that leverage wireless infrastructure and machine learning solutions. The company offers Motion Capture Plug, a WiFi Motion device that provides insights on the motion activity in a given area for the use in homes, workplaces, residences, hospitals, hotels, or anywhere to improve the quality of life of its users. It serves ISPs and MSOs; healthcare players; security systems integrators; and smart object manufacturers worldwide. The company was founded in 2015 and is based in Montreal, Canada. It has regional offices in the United States and Spain.

Stratuscent

Seed Round in 2018
Stratuscent is a vertical AI startup from Montreal that is building an chemical sensing platform which seamlessly integrates the power of novel AI algorithms, material innovations and robust additive manufacturing technologies. Stratuscent’s AI driven chemical sensor can identify and quantify the ubiquitous mix of chemicals that make up our environment.

AlayaCare Inc.

Venture Round in 2017
AlayaCare is a start-up that delivers an end-to-end home health care software platform and hardware ecosystem. The platform allows home care agencies to deliver mixed telehealth/visiting health solutions enabling empowered patients to live better while driving down the cost of care. The founders are a proven team of entrepreneurs who have founded, scaled, and sold two mobile software business. AlayaCare aims to provide a solution to a market mired in legacy software and suboptimal business processes. In doing so, it delivers better outcomes for the patient, better tools for the providers, and better economics for the payers. It promotes an open culture where every team member has the obligation to dissent, but the obligation to always keep the big picture in mind. Through its association with The Madiro Fund, the company also contributes its solution free of charge to NGOs working in the developing world who are seeking to leverage mobile technology to improve the lives of those less fortunate. Adrian Schauer and Neil Grunberg launched the company in Montréal, Quebec in 2014.

AlayaCare Inc.

Private Placement in 2018
AlayaCare is a start-up that delivers an end-to-end home health care software platform and hardware ecosystem. The platform allows home care agencies to deliver mixed telehealth/visiting health solutions enabling empowered patients to live better while driving down the cost of care. The founders are a proven team of entrepreneurs who have founded, scaled, and sold two mobile software business. AlayaCare aims to provide a solution to a market mired in legacy software and suboptimal business processes. In doing so, it delivers better outcomes for the patient, better tools for the providers, and better economics for the payers. It promotes an open culture where every team member has the obligation to dissent, but the obligation to always keep the big picture in mind. Through its association with The Madiro Fund, the company also contributes its solution free of charge to NGOs working in the developing world who are seeking to leverage mobile technology to improve the lives of those less fortunate. Adrian Schauer and Neil Grunberg launched the company in Montréal, Quebec in 2014.

Aerial Technologies Inc.

Convertible Note in 2017
Aerial Technologies Inc. develops cloud based solutions that leverage wireless infrastructure and machine learning solutions. The company offers Motion Capture Plug, a WiFi Motion device that provides insights on the motion activity in a given area for the use in homes, workplaces, residences, hospitals, hotels, or anywhere to improve the quality of life of its users. It serves ISPs and MSOs; healthcare players; security systems integrators; and smart object manufacturers worldwide. The company was founded in 2015 and is based in Montreal, Canada. It has regional offices in the United States and Spain.

LynX Inspection

Seed Round in 2018
LynX Inspection Inc. manufactures inspection equipment that combines three-dimensional (3D) analysis and X-ray imaging to analyze the internal and external structure of precision parts and detect defects. The company uses its patented technology, Predictive 3D Radiography, which analyzes the structure of complex parts. The company serves the industrial inspection market of manufactured parts and assemblies with tight tolerances, including the aerospace, defense, and automotive industries. LynX Inspection Inc. was founded in 2016 and is headquartered in Québec, Canada.

AEPONYX

Series A in 2019
AEPONYX INC. designs and manufactures fabless micro optical switch semiconductor chips for tunable transceivers and optical circuit switches. The company uses micro-electro-mechanical-systems and silicon photonics for use in disaggregated switching systems and enabling tunability in both transmission and reception in pluggable transceivers. The company was founded in 2011 and is based in Montreal, Canada.

C2Ro

Private Placement in 2019
C2RO is a high-tech enterprise software company based in Montreal, Canada. It offers privacy-aware video analytics solution for physical spaces using proprietary edge-cloud AI. C2RO's product, Perceive™, is enabling the digital transformation of physical spaces, including retail and commercial real estate, and smart city towards experiential and interactive environments for visitors. C2RO solutions are built for scale and reuse existing surveillance cameras while being compliant with the most restrictive data privacy regulations in the world.

Imeka

Seed Round in 2017
Imeka Solutions Inc. offering medical image processing services. It offers diffusion tensor imaging, tractography, free water imaging, and fiber bundling services. It caters to neurologists and clinicians, pharmaceutical and research professionals, and neurologists. The company was founded in 2011 and is based in Sherbrooke, Canada.

Contxtful Technologies Inc.

Private Placement in 2020
CONTXTFUL TECHNOLOGIES INC. designs and develops mobile digital solutions. Its software leverages non-private, sensor-based data for audience targeting. The company software solutions allows to measure brand engagement, send tailored marketing messages, and allows for relevant customer targeting. The company was founded in 2018 and is based in Montreal, Canada.

C2Ro

Private Placement in 2018
C2RO is a high-tech enterprise software company based in Montreal, Canada. It offers privacy-aware video analytics solution for physical spaces using proprietary edge-cloud AI. C2RO's product, Perceive™, is enabling the digital transformation of physical spaces, including retail and commercial real estate, and smart city towards experiential and interactive environments for visitors. C2RO solutions are built for scale and reuse existing surveillance cameras while being compliant with the most restrictive data privacy regulations in the world.

C2Ro

Series A in 2019
C2RO is a high-tech enterprise software company based in Montreal, Canada. It offers privacy-aware video analytics solution for physical spaces using proprietary edge-cloud AI. C2RO's product, Perceive™, is enabling the digital transformation of physical spaces, including retail and commercial real estate, and smart city towards experiential and interactive environments for visitors. C2RO solutions are built for scale and reuse existing surveillance cameras while being compliant with the most restrictive data privacy regulations in the world.
Transport Social Netlift Inc. develops a planned transportation application. It offers transportation service, which matches passengers with drivers willing to share available seats in their vehicle for a fee. The company offers its service through a mobile application. The company was founded in 2012 and is based in Montreal, Canada.

Laserax

Seed Round in 2014
Laserax Inc. manufactures and delivers laser systems for industrial applications. It offers laser marking, cutting, and welding systems; and laser process development, laser safety, and on-site support services. The company also specializes in the manufacture of custom laser solutions. Its products are used in various applications, such as laser marking and traceability, laser marking by materials, marking label type, laser cutting, laser welding, and laser cleaning. The company serves aluminum, steel, die casting, extrusion, manufacturing, and converting industries. Laserax Inc. was founded in 2010 and is based in Québec, Canada.

Contxtful Technologies Inc.

Seed Round in 2020
CONTXTFUL TECHNOLOGIES INC. designs and develops mobile digital solutions. Its software leverages non-private, sensor-based data for audience targeting. The company software solutions allows to measure brand engagement, send tailored marketing messages, and allows for relevant customer targeting. The company was founded in 2018 and is based in Montreal, Canada.

Laserax

Venture Round in 2018
Laserax Inc. manufactures and delivers laser systems for industrial applications. It offers laser marking, cutting, and welding systems; and laser process development, laser safety, and on-site support services. The company also specializes in the manufacture of custom laser solutions. Its products are used in various applications, such as laser marking and traceability, laser marking by materials, marking label type, laser cutting, laser welding, and laser cleaning. The company serves aluminum, steel, die casting, extrusion, manufacturing, and converting industries. Laserax Inc. was founded in 2010 and is based in Québec, Canada.

AEPONYX

Private Placement in 2019
AEPONYX INC. designs and manufactures fabless micro optical switch semiconductor chips for tunable transceivers and optical circuit switches. The company uses micro-electro-mechanical-systems and silicon photonics for use in disaggregated switching systems and enabling tunability in both transmission and reception in pluggable transceivers. The company was founded in 2011 and is based in Montreal, Canada.

Aerial Technologies Inc.

Venture Round in 2018
Aerial Technologies Inc. develops cloud based solutions that leverage wireless infrastructure and machine learning solutions. The company offers Motion Capture Plug, a WiFi Motion device that provides insights on the motion activity in a given area for the use in homes, workplaces, residences, hospitals, hotels, or anywhere to improve the quality of life of its users. It serves ISPs and MSOs; healthcare players; security systems integrators; and smart object manufacturers worldwide. The company was founded in 2015 and is based in Montreal, Canada. It has regional offices in the United States and Spain.

Aerial Technologies Inc.

Private Placement in 2018
Aerial Technologies Inc. develops cloud based solutions that leverage wireless infrastructure and machine learning solutions. The company offers Motion Capture Plug, a WiFi Motion device that provides insights on the motion activity in a given area for the use in homes, workplaces, residences, hospitals, hotels, or anywhere to improve the quality of life of its users. It serves ISPs and MSOs; healthcare players; security systems integrators; and smart object manufacturers worldwide. The company was founded in 2015 and is based in Montreal, Canada. It has regional offices in the United States and Spain.

AEPONYX

Seed Round in 2017
AEPONYX INC. designs and manufactures fabless micro optical switch semiconductor chips for tunable transceivers and optical circuit switches. The company uses micro-electro-mechanical-systems and silicon photonics for use in disaggregated switching systems and enabling tunability in both transmission and reception in pluggable transceivers. The company was founded in 2011 and is based in Montreal, Canada.

Botpress

Pre Seed Round in 2019
Botpress, Inc. designs and develops a dual-license open source chatbot development platform. Its software facilitates building of scripted, artificial intelligence, and application based chatbots. It caters to developers, individuals, companies, and more. Botpress, Inc. was founded in 2016 and is based in Newark, Delaware.