Investissement Quebec

Investissement Québec is a financial institution established in 1998, dedicated to supporting economic growth in the province of Québec. It serves as both a consulting and financing partner for businesses seeking to expand or establish operations in the region. The organization offers a range of financial assistance and solutions tailored to the needs of corporations, facilitating their investment projects and helping to foster a favorable business environment. By combining the roles of a financial institution and an economic development agency, Investissement Québec aims to promote sustainable economic development and drive innovation within the province.

Sébastian Boisjoly

Vice President of Venture Capital and Investment funds

Pierre Gabriel Cote

President and Chief Executive Officer

Xavier Kato

Investment Director

Guy LeBlanc

Chief Executive Officer

Bicha Ngo

Senior Executive Vice President of Private Equity

Christian Settano

Senior Executive Vice President of Finance, Risk Management and Information Technology

Past deals in Canada

dcbel

Venture Round in 2023
dcbel's mission is to deliver energy that lets people live a life without compromise. dcbel™ (formerly known as Ossiaco) sits at the nexus of residential solar power, electric vehicle charging, the smart home, and customer-centric utilities. The dcbel team has a proven history of rethinking energy distribution for everything from large utility customers to distributed energy resource providers. dcbel's AI-driven sustainable technologies enable people to leverage solar energy to power their cars, their homes, and their lifestyles. dcbel has numerous worldwide patents in power electronics and power conversion and is backed by a number of globally respected investors.

MY01

Series A in 2023
MY01 offers real-time, accurate muscle pressure measurement that allows users to take timely action. MY01 capitalizes on clinically proven sensitivity and specificity for diagnosing Acute Compartment Syndrome (ACS). The company was founded in 2015 and based in Montréal, Quebec, Canada.

Bridgr

Seed Round in 2023
Bridgr is a Marketplace that allows manufacturing SMBs find and collaborate with qualified experts to sustain, grow and digitalize their operations. It provides both parts a collaborative platform set to help them increase their productivity and work.

FemTherapeutics Inc.

Seed Round in 2023
FemTherapeutics Inc. is a Montreal-based medical device company with a mission to personalize therapeutics in women’s health. FemTherapeutics has developed an artificial intelligence platform that leverages patient data to design novel medical devices, and offer customization to achieve better clinical outcomes. Our first product involves the customization of gynecological prosthetics (or vaginal pessaries) to improve the management of Pelvic Floor Disorders in women.

Beehivr

Seed Round in 2022
Beehivr Technology Inc. is a Canadian company based in Repentigny, incorporated in 2013, that specializes in developing mobile solutions aimed at enhancing sales enablement for sales professionals and retailers. The company focuses on improving the effectiveness of sales interactions by optimizing meeting preparation, presentation, and closing processes. Beehivr's solutions streamline critical meeting time by accelerating preparation, boosting responsiveness, and automating meeting summaries, thereby reinforcing the relationship between sales professionals and their clients. Through its innovative approach, Beehivr aims to elevate the art and science of selling.

Potloc

Series B in 2022
Potloc Inc. operates an online consumer insights platform that enables businesses to access valuable data regarding consumer behavior and purchasing habits. Founded in 2014 and headquartered in Montreal, Canada, with additional offices in Toronto, Paris, and Geneva, Potloc conducts geotargeted surveys through social networks, offering a modern alternative to traditional research methods. By leveraging these surveys, Potloc assists clients in improving customer experience, converting competitors' clients, and enhancing product or service offerings. The platform empowers businesses by providing insights that help them connect with their target audiences and drive profitability. With a growing team of nearly 60 employees, Potloc serves hundreds of businesses seeking to understand and engage with consumers more effectively.

Volinergy

Non Equity Assistance in 2022
Volinergy is a company specialized in the electrification of airways through innovative battery module technologies related to battery thermal and energy management, mechanical assembly and software deployment. The electrification of air transport is very promising, but is limited by the battery systems that bring important limitations. The first main problem is related to the autonomy of the vehicle which is directly linked to the low energy density of Li-ion cells. The second problem is the low durability of the batteries that require frequent system changes, which is expensive and not optimal for high volume deployment. The third issue is battery safety since Li-ion cells have an intrinsic thermal runaway problem. Volinergy has developed new technologies around energy management, thermal management, mechanical assembly and data management. All together, these technologies allow to better cool the battery system and to avoid the propagation of a thermal runaway, while better managing the energy to reduce losses and inaccessible energy and finally to better process the data at the Li-ion cells. The technologies are appropriately protected according to their use and novelty. Volinergy sells battery modules as a product and a SaaS platform, which is based on Artificial Intelligence (AI) and Machine Learning (ML) algorithms.

Amilia

Venture Round in 2022
Amilia is an online registration and client membership management solution designed primarily for small and midsize businesses. It helps businesses collaborate with members through registration management, billing and fundraising activities and also offers reporting capabilities. It is suitable for schools, clubs, camps, associations and other membership-based organizations.

WeCook Meals

Series C in 2022
WeCook Meals produces and delivers home cooked fast food. Its online sales platform allows users to select from a range of meals, meats, and snacks; choose delivery location; and receive order. WeCook Meals was formerly known as Nutrition Fit Plus and changed its name to WeCook Meals. The company was incorporated in 2010 and is based in Dorval, Canada.

Worximity Technology

Series B in 2022
Founded by Yannick Desmarais, Worximity Technology create businesses applications for mobile and tablets, mainly on iOS. Worximity Technology is devoted to develop innovative real-time apps in order to resolve existing problems within enterprises. Stay in touch with your production 24/7, no matter where you are. In this new era of IoT, Worximity keeps you connected with your smart factory. Up and running in less than a day, the mobile dashboard provides an overview of your production in real time.

Tengiva

Debt Financing in 2022
Developer of a supply chain operations software designed to optimize the use of resources and processes in the textile and clothing supply chains. The company's software features in-stock textile products and curated fabrics from worldwide suppliers and centralizes and provides structured access to data for textile manufacturers, industry-promotional associations, governmental organizations, and finished apparel brands, enabling businesses to optimize resource usage, increase transparency across the entire supply chain, and promote improved practices.

Entosystem

Venture Round in 2022
Entosystem is a Canadian company based in Sherbrooke that specializes in producing entomological proteins and flour derived from insects. Founded in 2016, the company uses innovative insect farming technologies to convert food waste, particularly grocery waste, into high-value insect protein products. These products, which include dried and live larvae, are aimed primarily at the animal nutrition market. Entosystem's ecologically responsible approach positions it as a key player in the circular agriculture economy, emphasizing sustainability and the recuperation of nutritional value from waste. The company currently employs a small team of six people.

Emma

Series A in 2022
Emma combines innovative technologies and insurance expertise to simplify and accelerate the life insurance purchase process.
Founded in 1973, Les Produits métalliques A.T. specializes in manufacturing snow removal equipment. The Matane-based company has some 40 employees.

Prehos

Seed Round in 2022
Prehos is an innovative Quebec City-based company providing advanced technological solutions in the field of prehospital emergency care, community paramedicine, care management and patient transportation planning and optimization.

Congruence Therapeutics

Series A in 2022
Congruence Therapeutics operates as a biotechnology company working at the interface of computational and experimental drug discovery to design novel small molecules for diseases of protein misfolding.

LeddarTech

Series D in 2022
LeddarTech Inc. is a developer of advanced detection and ranging systems utilizing time-of-flight measurement technology with infrared LEDs. Founded in 2007 and headquartered in Quebec City, Canada, the company offers a range of products, including smart sensor modules for various applications, such as traffic management and industrial use. LeddarTech specializes in environmental sensing platforms, particularly for autonomous vehicles and advanced driver assistance systems (ADAS), enabling customers to address key sensing and perception challenges. Its LeddarVision™ sensor-fusion platform and the LeddarEngine™ for LiDAR development support automotive system integrators in creating comprehensive sensing solutions applicable across multiple mobility sectors, including autonomous shuttles and delivery vehicles. The company holds numerous patents that contribute to innovations in automotive sensing technologies. LeddarTech also provides interconnected sensor solutions for urban infrastructure, public safety, navigation, and agriculture, and sells its products online.

RenoRun

Series B in 2022
RenoRun is building the world's largest single source platform for general contractors to purchase materials. Their mobile-friendly platform is a one-stop-shop when it comes to construction material supply. This app is revolutionizing the construction industry by maximizing productivity, saving contractors wasted run-around hours, and allowing their clients to leave their competition in the dust. Their trained runners will collect and deliver the desired materials to the job site. RenoRun was founded in 2016 and is headquartered in Montreal, Canada, with offices in Toronto and Austin, Texas.

TickSmith

Series A in 2022
TickSmith Corp. designs and develops a data management system TickVault. The company offers a big data platform for recording, storing, transforming, analyzing, and delivering structured and unstructured financial data such as trade and quote history, news, and events, research, and corporate actions. The platform manages tick data, reference data, FIX messages, back-office data, financial and media content, PDFs, time-series, and statements. Additionally it provides data management, web portal and services, access and identity management, workflow management, monitoring, and audit logs. TickSmith Corp.’s clientele include exchange and data vendors, trading groups, and regulators, and SROs. The company was founded in 2012 and is headquartered in Montréal, Canada.

Imperial Mining Group

Grant in 2021
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.

eXplorance

Venture Round in 2021
At eXplorance, a Learning Experience Management (LEM) solutions provider, we empower organizations in making the right decisions with fact-based learning analytics. Our offerings, Blue® and Bluepulse®, help instill a culture of continuous improvement by evaluating, analysing, and improving stakeholder needs, expectations, skills, knowledge, and competencies.

Booxi

Seed Round in 2021
Booxi is a developer of business management software focused on simplifying appointment-based operations for retailers. The company's platform provides a range of features, including Customer Relationship Management (CRM), appointment management, online payment processing, and staff calendar management. By integrating these functionalities, Booxi aims to enhance the customer experience while streamlining event and appointment scheduling for businesses. The software also incorporates marketing automation tools and a virtual assistant, further supporting retailers in managing their appointments efficiently.

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.

Zilia

Seed Round in 2021
Zilia is a medical technology company that has developed a non-invasive platform utilizing imaging, spectrometry, and artificial intelligence to assess various biomarkers in the human eye. The focus is primarily on measuring oxygen levels, which play a vital role in ocular diseases such as glaucoma, diabetic retinopathy, and age-related macular degeneration. Zilia's flagship product, the Zilia Ocular, is an innovative ocular oximeter that integrates hardware and software to assist eye care professionals in the prevention, diagnosis, and management of these conditions. The technology combines interactive analytical software with devices and data management tools to provide valuable insights into the metabolic state of ocular tissues and their relationship to overall health, enabling healthcare providers and researchers to effectively monitor and understand eye diseases.

XpertSea

Series B in 2021
XpertSea Solutions Inc. develops solutions to count aquatic organisms for aquaculture farmers and scientists worldwide. It offers XperCount, a connected device for counting, sizing, and imaging small aquatic organisms. The company also provides a platform for generating, storing, and analyzing data about aquatic populations. XpertSea Solutions Inc. was founded in 2009 and is based in Quebec, Canada.

Algolux

Series B in 2021
Algolux, based in Canada, is an artificial intelligence software company focused on enhancing vision systems through advanced perception technology. Founded by a team of recognized researchers led by Dr. Felix Heide, Algolux develops machine learning solutions that improve safety and performance while lowering costs and time-to-market. One of its key products, Eos, is an embedded perception solution that offers up to three times the accuracy of current computer vision technologies, particularly in challenging environments. Eos is designed to work with various sensor and lens configurations, streamlining the process of training data capture and annotation. Additionally, Algolux provides Atlas, a tool that automates camera tuning, ensuring optimal image quality for various computer vision applications. This product aims to minimize program risks through a scalable, metrics-based methodology applicable to diverse camera setups.

Buddha Brands

Venture Round in 2021
Producer of plant-based snacks intended to help the community lead a positive and healthy life. The company's offerings include plant-powered beverages and snacks made with clean, vegan ingredients, palm oils, and other major allergens like dairy, soy, and peanuts without sugar alcohols, enabling customers with certified vegan and keto, and gluten-free snack alternatives.

AlayaCare

Series D in 2021
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.

Ferme d’hiver

Debt Financing in 2021
Ferme d'hiver is developing a complete Agro Tech solution including cultivars, recipes, software and clean room automation for production 12 months a year without chemical pesticides.

Ferme d’hiver

Seed Round in 2021
Ferme d'hiver is developing a complete Agro Tech solution including cultivars, recipes, software and clean room automation for production 12 months a year without chemical pesticides.

InfinityQ Technology

Seed Round in 2021
infinityQ Technology, Inc. is focused on developing quantum-analog computing solutions. Our first-gen quantum-analog computer, infinityQube, uses analog electronics, operating at room temperature, to exploit certain quantum effects. We help our clients solve highly complex problems across a range of industries including finance, pharmaceuticals, logistics and chemistry. infinityQube is available to the end-consumer via our cloud interface or on-prem integration. Developed by researchers who have led cutting-edge high-performance computing initiatives, infinityQube can outperform both classical CPUs and existing quantum computing devices for optimization problems-- without the need for technical expertise in quantum mechanics and without cryogenics. We are a new type of green tech, rooted in analog, adiabatic in nature, with the energy consumption of your desk lamp. infinityQube's unique design supports flexible and highly scalable deployment. We plan to leave the world a little better than how we found it. Female founded, led, and engineered. Proudly based in Montréal, Quebec.

Novaxis Solutions

Venture Round in 2021
Novaxis Solutions is an internet company.

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.
Ki3 Photonics Technologies is an optical quantum technology that targets the generation and manipulation of non-classical photons, necessary for the development and commercial success of quantum technologies.

Microbrasserie Le Bockale

Venture Round in 2020
Microbrasserie Le Bockale produces and sells non-alcoholic microbrewery beers. It offers flavored beers without alcohol. The company was incorporated in 2014 and is based in Drummondville, Canada.

Zetane Systems

Pre Seed Round 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.

e2ip technologies

Debt Financing in 2020
e2ip technologies specializes in human machine Interface (HMI) Solutions and printed electronics technologies.

FLO

Series C in 2020
AddÉnergie Technologies Inc. is a leading Canadian company specializing in smart charging solutions for electric vehicles. Established in 2009 and based in Québec, the company develops, manufactures, and operates a range of charging stations tailored for various market segments, including the public sector, employers, multi-residential buildings, and fleets. Its product offerings include the SmartTWO and SmartDC charging stations for commercial and industrial use, as well as specialized solutions like the CoRe+ charger for private areas and the Curbside Charger. AddÉnergie is also the provider of the Electric Circuit and VERnetworkTM, two of Canada’s largest charging station networks, which collectively feature over 2,000 charging stations. The company supplies both the hardware and software necessary for managing these networks, and it is poised to expand its operations through new partnerships and networks internationally.

Geomega Resources

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

Effenco

Series B in 2020
Effenco Development inc. designs and manufactures Hydraulic Equipment Assisting Devices (HEAD) for heavy-duty vocational vehicles. The company designs and manufactures electric hybrid starter-generators, ultracapacitors, electric motor-driven hydraulic pumps, and electric air conditioning compressors. The company caters to blue-chip customers in Canada, New York, California, France, and Norway on waste trucks, dump trucks, and yard tractors. Effenco Development inc. was founded in 2006 and is based in Montreal, Canada with additional offices in Los Angeles, California; Paris, France; Kongsberg, Norway.

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.

Breathe Life

Series A in 2020
Breathe Life Inc. designs and develops a software platform for insurance companies and assists them in conducting business online. The company's platform uses tools and analytics for the digital distribution of life insurance policies and eliminates the requirement of brokers. It also features a single-session quote creation and application process which enables consumers to purchase products on their own. It caters to life and health insurers, distribution organizations, and advisors. The company was incorporated in 2017 and is based in Montreal, Canada.

EBC inc

Venture Round in 2020
EBC Inc. is a construction and renovation company based in L'Ancienne-Lorette, Canada, with a strong presence in both domestic and international markets. Founded in 1968 by Fernand and Germain Houle, the family-owned business has completed over 600 projects valued at more than $6 billion. EBC specializes in a diverse range of construction services, including the development of office buildings, hospitals, residential care centers, educational institutions, and various commercial properties. The company also engages in civil engineering and earthworks, undertaking projects such as roads, bridges, hydroelectric and wind power developments, as well as marine and mining operations. EBC is recognized for its commitment to professionalism, budget adherence, and timely project delivery, which has earned it a solid reputation across Canada and beyond. The current president, Marie-Claude Houle, continues to uphold the core values of respect, integrity, and quality that have been foundational to the company since its inception.

BuyBack Booth

Seed Round in 2020
TouchTunes was an innovative start-up with a passion to reinvent the commercial jukebox business. In order to do that he assembled a talented group of technologists and business professionals to change music history. The technology to accomplish this included building a high quality kiosk (front-end), network infrastructure, back-end database, and music rights management system. Later in the product lifecycle, a mobile app was introduced and TouchTunes was second only to Apple® in number of downloaded songs. To capitalize the business, Tony and team raised over $100M through both venture and private equity sources. The company became the world's largest and most successful jukebox network and remains the leader in this market today. The company was sold in 2015 to private equity.

Dose Juice

Debt Financing in 2020
Founded in 2013, Dose Juices creates and markets cold pressed juices, organic smoothies and nut milks distributed in leading supermarket chains in Québec and Ontario. The company’s products are also available online. Headquartered in Saint-Hyacinthe, Dose has about 30 employees.

Nesto

Series A in 2020
Nesto is on a mission to offer a positive, empowering and transparent property financing experience, simplified from start to finish. Powered by the most advanced technology, we screen the whole market in seconds to find the most affordable mortgage while our commission-free experts provide you with unbiased support along the process. Simply, welcome to the bright future of home buying.

Sollum Technologies

Series B in 2020
Sollum Technologies Inc. designs and manufactures lighting systems. Its lighting systems include LED hardware and programmable platform to provide the right light at various stages of crop growth; and a natural circadian rhythm to animals. The company was incorporated in 2015 and is based in Montreal, Canada.

Eocycle

Venture Round in 2020
Eocycle Technologies Inc. develops, manufactures, and commercializes wind turbines for distributed wind energy applications. The company offers direct-drive wind turbines, custom generators/motors, and transverse flux permanent magnet generators/motors. It serves farms, ranches, greenhouses, and vineyards; residences; schools, colleges, and universities; governmental and institutional facilities, including office buildings, pumping stations, water treatment facilities, parks, arenas, stadiums, museums, and rest areas; retail businesses and small- or medium-size enterprises; golf courses, ski resorts, training centres, hotels, and recreational parks; rural electrification for developing countries; and isolated sites and remote areas where diesel-powered generation is used for producing electricity. The company offers its products through dealers worldwide. Eocycle Technologies Inc. was incorporated in 2000 and is headquartered in Gaspé, Canada.

Hopper

Venture Round in 2020
Hopper Inc. is a travel technology company that has developed a mobile application leveraging big data to predict and analyze airfare and hotel prices. Founded in 2007 and headquartered in Montreal, Canada, with additional offices in Cambridge, Massachusetts, New York, New York, and Sofia, Bulgaria, Hopper assists travelers in securing the best deals by providing timely notifications when flight and accommodation prices reach their predicted lowest points. By offering data-driven travel recommendations, Hopper enhances the booking experience for users, enabling them to make informed decisions and save money on their journeys.

Nouveau Monde Graphite

Debt Financing in 2020
Nouveau Monde Graphite Inc. is focused on the acquisition, exploration, evaluation, and development of mineral properties, primarily targeting graphite in Quebec, Canada. The company holds a 100% interest in the Matawinie property, which encompasses 319 mining claims over an area of 17,585 hectares located north of Montreal. Founded in 2011 and headquartered in Saint-Michel-des-Saints, Nouveau Monde aims to operate with high environmental standards in one of the most mining-friendly jurisdictions in the world. The company is strategically positioning itself to serve the growing North American lithium-ion battery market by providing a local, environmentally responsible supply of natural graphite, which is seen as advantageous for battery manufacturers in the region.

Medicom

Grant in 2020
Medicom is one of the world’s leading manufacturers and distributors of single-use infection-preventing products serving the medical, dental, industrial, veterinary, research, and cosmetics sectors.

Ferme d’hiver

Venture Round in 2020
Ferme d'hiver is developing a complete Agro Tech solution including cultivars, recipes, software and clean room automation for production 12 months a year without chemical pesticides.
Osisko Gold Royalties Ltd is a prominent intermediate precious metal royalty company based in North America, with a diverse portfolio comprising over 130 royalties, streams, and precious metal offtakes. The company's portfolio is primarily anchored by a 5% net smelter return royalty on the Canadian Malartic Mine, the largest gold mine in Canada. In addition to its royalty interests, Osisko holds stakes in several publicly traded resource companies, including Barkerville Gold Mines Ltd., Osisko Mining Inc., and Falco Resources Ltd. The company is engaged in acquiring and managing high-quality royalties and streams, as well as participating in future financing opportunities for various mining projects. Its operations are largely focused on North America, where it generates a significant portion of its income.

Medicago

Grant in 2020
Medicago Inc., a biotechnology company, focuses on the research, development, production, and commercialization of vaccines in Canada. The company develops its vaccines based on its proprietary technologies, including the plant-based Proficia technology and Virus-Like Particles (VLP) technology. Its product candidate includes H5N1 pandemic influenza VLP vaccine, which has completed a Phase I human clinical trial. The company is also developing H1N1 VLP vaccine for Influenza A/California/04/09 virus; and seasonal influenza vaccines. Medicago Inc. has collaboration agreements with Viridis S.A.; Genopole biopark to manufacture pandemic and seasonal influenza vaccines; and Philip Morris International to produce a therapeutic protein with a humancompatible glycosylation pattern. The company was incorporated in 1997 and is headquartered in Quebec City, Canada.

CIF Metal

Venture Round in 2020
CIF Metal is specialize in heavyweight, mid to large volume aluminum casting, using permanent and semi-permanent molds that are designed and manufactured in-house. High-quality. Cost-effective. The one-stop-shop experience you need.

Bois CFM inc

Grant in 2020
La Matapédia forestry cooperative The La Matapedia Forest Cooperative was incorporated in February 1994. It employs 89 workers, 70 of whom are members of the Cooperative. Its main activities carried out in public forests are mechanized commercial thinning , mechanized timber harvesting , manual timber harvesting , timber transport , the monitoring service and technology , forest road construction , maintenance of forest roads, harvesting and shredding of forest biomass. This cooperative is also the beneficiary of a supply guarantee (GA) and a harvesting permit for other uses (PRAU). It has the following two subsidiaries: Bois CFM: Founded in 2001, this subsidiary specializes in the manufacture of pallet components. This processing plant produces 9,351,320 bpm annually; CFM Energy: Founded in 2007, this subsidiary specializes in the management and sale of energy as a turnkey service offering for forest biomass energy systems to meet the needs of commercial, residential, industrial and institutional customers. in terms of heating.

Geomega Resources

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

InfinityQ Technology

Pre Seed Round in 2020
infinityQ Technology, Inc. is focused on developing quantum-analog computing solutions. Our first-gen quantum-analog computer, infinityQube, uses analog electronics, operating at room temperature, to exploit certain quantum effects. We help our clients solve highly complex problems across a range of industries including finance, pharmaceuticals, logistics and chemistry. infinityQube is available to the end-consumer via our cloud interface or on-prem integration. Developed by researchers who have led cutting-edge high-performance computing initiatives, infinityQube can outperform both classical CPUs and existing quantum computing devices for optimization problems-- without the need for technical expertise in quantum mechanics and without cryogenics. We are a new type of green tech, rooted in analog, adiabatic in nature, with the energy consumption of your desk lamp. infinityQube's unique design supports flexible and highly scalable deployment. We plan to leave the world a little better than how we found it. Female founded, led, and engineered. Proudly based in Montréal, Quebec.

WeCook Meals

Venture Round in 2020
WeCook Meals produces and delivers home cooked fast food. Its online sales platform allows users to select from a range of meals, meats, and snacks; choose delivery location; and receive order. WeCook Meals was formerly known as Nutrition Fit Plus and changed its name to WeCook Meals. The company was incorporated in 2010 and is based in Dorval, Canada.

AlayaCare

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.

H2O Innovation

Post in 2019
H2O Innovation is known for its state of the art water & wastewater treatment systems. Through the years, we have developed a strong knowledge of membrane filtration and a solid understanding of the water industry. This brought us to elaborate a comprehensive offer and provide complete engineering services, in-house manufacturing and thorough after sale service. The progression and maturity of the company naturally led us to erect a second pillar to enrich our business offer: the sale of specialty products and services, including the sale of maple equipment. With this solid business model, H2O Innovation positioned itself as a leader among the major water treatment players and is continuously increasing its market share.

Stradigi AI

Series A in 2019
Stradigi AI Inc., founded in 2005 and based in Montreal, Canada, specializes in artificial intelligence services through its AI platform. The company offers the Kepler AI business platform, designed to enhance data-driven decision-making across various business functions. By providing access to automated machine learning workflows, Stradigi AI enables organizations to streamline the AI deployment process, facilitating a project lifecycle that accelerates the time-to-value for insights derived from data. This approach allows businesses of all sizes to harness AI capabilities effectively, leading to measurable improvements in performance and decision-making.

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 flagship products, such as Coveo for Salesforce and Coveo for Sitecore, enhance user experience by providing consumer-like search capabilities and personalized recommendations based on specific tasks. The platform connects and unifies information from both on-premise and cloud applications, enabling employees and customers to access relevant insights and expertise seamlessly. Coveo's technology facilitates self-service, improves contact center performance, and fosters collaboration within companies. Founded in 2004, Coveo is headquartered in San Mateo, California, with research and development operations in Quebec City, Canada, and additional offices in Montreal, Amsterdam, and the United Kingdom. The company also offers consulting and support services and maintains strategic partnerships with major technology firms.

Voilà! Technologies

Seed Round in 2019
Voilà! Technologies is a workforce optimization software startup that focuses on automating various aspects of schedule management. The company provides tools that streamline personnel replacements and facilitate payroll preparation, all while helping businesses stay within their workforce budgets. By automating recall lists, Voilà! Technologies aims to enhance employee retention and improve overall operational efficiency for organizations.

Classcraft

Series A in 2019
Classcraft Studios Inc. develops web and mobile applications designed for classroom behavior management through an innovative role-playing game format. Founded in 2013 and headquartered in Sherbrooke, Canada, Classcraft provides tools that enable teachers to effectively manage, motivate, and engage students by transforming traditional classroom dynamics into an interactive gaming experience. The platform is accessible on various operating systems, including Android, iOS, OS X, Chrome, and Windows, making it versatile for educational settings. By incorporating game mechanics into lessons, Classcraft aims to enhance student engagement and improve the overall learning experience.

Armoires Perreault inc

Debt Financing in 2019
With the desire to inspire their customers and surpass their expectations, the company relies on high quality materials for the manufacture of cabinets, and also relies on a team of professionals dedicated to achieving perfection.

Congèlerie l'Héritier

Debt Financing in 2019
Established in 2018, Congèlerie l’Héritier packages and processes a diverse variety of fruit, mainly blueberries and frozen vegetables. The Normandin company is a regroupment of several agricultural producers and cooperatives. They employ around thirty workers.

LANDR

Convertible Note 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.

Pit Caribou

Venture Round in 2019
Founded in 2007, the mission of the Pit Caribou microbrewery is to craft quality beers by tapping into the resources of the Gaspé region. They are located in L'Anse à Beaufils, a fishing harbour in the town of Percé on the Gaspé Peninsula, and operate pubs in Percé and Montreal. In addition to their production facilities, they have a shop for stocking up on their bottled products and a patio for enjoying their beers by the sea. The company currently has 37 employees.

Neomed Institute

Debt Financing in 2019
NEOMED is a not-for-profit organization pioneering a new approach to drug development as a public-private partnership with government and biopharmaceutical companies. NEOMED is a response to the changing pharma R&D business model: in view of the considerable gap between basic research and later-stage drug development, we seek to create a bridge. We provide expertise and funding for academic labs and early biotechs, assisting them in bringing emerging therapeutic approaches to the stage of human proof of concept; at which point these de-risked projects will have gained significant value for NEOMED’s downstream partners.

Potloc

Series A in 2019
Potloc Inc. operates an online consumer insights platform that enables businesses to access valuable data regarding consumer behavior and purchasing habits. Founded in 2014 and headquartered in Montreal, Canada, with additional offices in Toronto, Paris, and Geneva, Potloc conducts geotargeted surveys through social networks, offering a modern alternative to traditional research methods. By leveraging these surveys, Potloc assists clients in improving customer experience, converting competitors' clients, and enhancing product or service offerings. The platform empowers businesses by providing insights that help them connect with their target audiences and drive profitability. With a growing team of nearly 60 employees, Potloc serves hundreds of businesses seeking to understand and engage with consumers more effectively.

AlayaCare

Series C in 2019
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.

FjordAl Aluminum Inc

Grant in 2019
FjordAl Aluminium inc. produces premium quality aluminum rods for mechanical, welding, electrical and other applications, mainly in the metallurgical sector. Founded in 2017, FjordAl has about 20 employees at its Saguenay plant.

Alethia BioTherapeutics

Debt Financing in 2019
Alethia BioTherapeutics, Inc., a biotechnology company, engages in the discovery and development of monoclonal antibody-based therapeutics focusing on the cancer-associated epithelial-to-mesenchymal transition, ovarian cancer, and on cancer-induced bone loss. Its products include Isogranulatimide, a G2 checkpoint inhibitor, which potentiates the response to several DNA-damaging chemotherapeutic agents; sCLU, a heterodimeric disulphide-linked glycoprotein of 449 amino acids, the over-expression of which is observed in various malignancies, including prostate, bladder, kidney, breast, colon, and lung tumors; AB-0447, an antigen that is expressed at the surface of ovarian cancer epithelial cells in greater than eighty five percent of malignant tumors; and AB-0440, a cell-surface protease-like protein, whose expression is stimulated early in osteoclast differentiation in response to RANK ligand. The company was founded in 2002 and is based in Montreal, Canada.

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.

Laflamme Aéro

Venture Round in 2019
Laflamme Aéro produces and markets the LX300, a 300 kg autonomous helicopter for industrial and military use. Laflamme Aero is specialized in customizable unmanned helicopter and hardware, drone, simulator hardware.

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.

Kefiplant

Debt Financing in 2019
Kefiplant’s mission is to be a world leader in the production of fermented herbs. Benefiting from the wisdom of ancestral herb fermentation traditions, their creative team of specialists is committed to create extracts and products intended for companies in the food, supplement, cosmetic and animal nutrition sectors. Their one-of-a-king and patented technology enables to optimize and combine naturally benefits of herb fermentation. The fundamental values of Kefiplant combined with administrators' passion, direct the daily actions and allow the companies to offer health products adapted to the customers' needs. They are dedicated to contribute to their clients' well-being and they believe in the importance of respecting the delicate balance of their ecosystem through their health products.

Nouveau Monde Graphite

Debt Financing in 2018
Nouveau Monde Graphite Inc. is focused on the acquisition, exploration, evaluation, and development of mineral properties, primarily targeting graphite in Quebec, Canada. The company holds a 100% interest in the Matawinie property, which encompasses 319 mining claims over an area of 17,585 hectares located north of Montreal. Founded in 2011 and headquartered in Saint-Michel-des-Saints, Nouveau Monde aims to operate with high environmental standards in one of the most mining-friendly jurisdictions in the world. The company is strategically positioning itself to serve the growing North American lithium-ion battery market by providing a local, environmentally responsible supply of natural graphite, which is seen as advantageous for battery manufacturers in the region.

Inno-3B

Seed Round in 2018
Inno-3B Inc. specializes in developing innovative artificial intelligence software and automated vertical farming systems designed to address environmental challenges in agriculture. Founded in 2014 and based in Saint-Pacôme, Canada, the company offers a range of products, including the Yield Factory, which features environmental control chambers for plant and insect production, a patented lighting system, and built-in pest control. Inno-3B's fully automated and scalable growing systems cater to a variety of sectors, including food production, pharmaceuticals, and research, allowing users—from small-scale growers to large multinational producers—to cultivate organic produce, berries, and herbs locally. The company aims to provide cost-effective and eco-friendly solutions while supporting users in managing their growing processes effectively.

Oneka Technologies

Seed Round in 2018
Oneka Technologies Inc., founded in 2015 and based in Sherbrooke, Canada, specializes in manufacturing innovative water desalination systems that convert ocean water into drinkable water. The company's solution features autonomous buoys that harness ocean waves to produce fresh water. As waves impact the buoys, they create a vertical pumping motion that pressurizes seawater through reverse osmosis membranes, resulting in potable water. This water is then delivered to clients onshore via an underwater pipeline. Oneka's systems operate cost-competitively without recurring fuel expenses and do not require the use of coastal land or create visual disturbances, distinguishing them from other renewable energy solutions. The technology is scalable, allowing for the addition of more buoy units as demand increases, making it adaptable to varying water needs. Oneka also maintains a testing site in Port St. Lucie, Florida, to further its research and development efforts.

Effenco

Series A in 2018
Effenco Development inc. designs and manufactures Hydraulic Equipment Assisting Devices (HEAD) for heavy-duty vocational vehicles. The company designs and manufactures electric hybrid starter-generators, ultracapacitors, electric motor-driven hydraulic pumps, and electric air conditioning compressors. The company caters to blue-chip customers in Canada, New York, California, France, and Norway on waste trucks, dump trucks, and yard tractors. Effenco Development inc. was founded in 2006 and is based in Montreal, Canada with additional offices in Los Angeles, California; Paris, France; Kongsberg, Norway.

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.

H2O Innovation

Post in 2018
H2O Innovation is known for its state of the art water & wastewater treatment systems. Through the years, we have developed a strong knowledge of membrane filtration and a solid understanding of the water industry. This brought us to elaborate a comprehensive offer and provide complete engineering services, in-house manufacturing and thorough after sale service. The progression and maturity of the company naturally led us to erect a second pillar to enrich our business offer: the sale of specialty products and services, including the sale of maple equipment. With this solid business model, H2O Innovation positioned itself as a leader among the major water treatment players and is continuously increasing its market share.

Hopper

Series D in 2018
Hopper Inc. is a travel technology company that has developed a mobile application leveraging big data to predict and analyze airfare and hotel prices. Founded in 2007 and headquartered in Montreal, Canada, with additional offices in Cambridge, Massachusetts, New York, New York, and Sofia, Bulgaria, Hopper assists travelers in securing the best deals by providing timely notifications when flight and accommodation prices reach their predicted lowest points. By offering data-driven travel recommendations, Hopper enhances the booking experience for users, enabling them to make informed decisions and save money on their journeys.

Composites Vci

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

Alliance Magnesium

Funding Round in 2018
Alliance Magnesium Inc. specializes in the development of a patented electrolytic clean technology for producing magnesium from serpentine rock. Founded in 2003 and based in Brossard, Canada, the company aims to implement a sustainable approach by utilizing hydroelectricity as a clean energy source to extract magnesium from tailings. This innovative method distinguishes itself from traditional, energy-intensive processes predominantly used by magnesium producers, particularly in China, which are increasingly viewed as environmentally and economically unsustainable. Alliance Magnesium targets the automotive and aerospace industries, offering a more eco-friendly solution to meet the growing demand for magnesium.

Les Industries Amisco ltée

Venture Round in 2018
A family business since 1954, Amisco designs, manufactures and markets modern home furniture crafted from steel, wood and upholstery in its two Québec plants. Distributed in more than a thousand points of sale across Canada and the United States, Amisco products stand out from the competition with their trendy look tailored to consumer needs, their durability and their extensive customization program for finishes and coatings.
Camping coop des Érables de Montmagny offers 270 camping sites for rent to individuals, 60% of which are occupied by seasonal workers. A variety of activities are available to campers. Founded in 1983, the campsite employs about fifteen people.

VMIK Glasses

Debt Financing in 2018
VMIK Glass is a company specializing in the manufacture of tempered and laminated glass for the residential, commercial, industrial and institutional market. Glaziers, staircase manufacturers, door and window manufacturers and all construction professionals benefit from VMIK's expertise every day .

Frank & Oak

Series C in 2018
Frank & Oak is a vertically integrated online menswear brand with premium threads and a simple, integrated, and personalized shopping experience. Every month, Frank & Oak offers members a limited feed of premium clothing and accessories. Our curators act as a lifestyle partner, offering style advice, personalized product suggestions, and an easy-to-use shopping platform. Since launching in February 2012, the brand has seen tremendous growth, momentum, and media coverage for both its garments and its unique membership experience.

mnubo

Series B in 2018
Mnubo Inc. specializes in data management and analytics for the Internet of Things (IoT), serving enterprises, service providers, and device manufacturers. Founded in 2012 and based in Montreal, Canada, with an office in Tokyo, the company offers a cloud platform that allows original equipment manufacturers (OEMs) to connect, collect, and analyze data from connected devices. Mnubo provides services for real-time IoT data streams, including object modeling, sensor templates, and lifecycle management. Its solutions cater to various sectors, such as wearables, industrial applications, automotive, building management, and healthcare. By leveraging advanced analytics, Mnubo helps manufacturers enhance product usage, boost customer engagement, reduce churn, and lower operational costs. As of July 2019, Mnubo operates as a subsidiary of Aspen Technology, Inc.

Greybox Solutions

Series A in 2018
Greybox Solution is a digital turbo-charged healthcare platform.

Noze

Seed Round in 2018
Stratuscent Inc., based in Montreal, Canada, specializes in developing an advanced electronic chemical sensing platform known as CloudSense. This innovative technology leverages artificial intelligence algorithms and material innovations to identify and quantify various chemical footprints present in the environment. By integrating robust additive manufacturing techniques, Stratuscent aims to enhance the capabilities of its chemical sensors, enabling them to detect a wide range of chemicals. The company's focus on vertical AI positions it uniquely in the market, as it seeks to provide accurate and efficient solutions for environmental monitoring and analysis.

Netlift

Seed Round in 2017
Netlift Inc. is a transportation service provider based in Montreal, Canada, founded in 2012. The company operates a mobile application that facilitates ride-sharing by matching passengers with drivers who have available seats in their vehicles. This service is designed to assist daily commuters by offering an efficient and cost-effective solution for traveling between home and work, while also integrating with the city's public transit network. Netlift's platform enhances mixed-mode commuting by proposing optimal route options that meet users' travel requirements, making it easier for individuals to connect and share rides.