Founded in 2017, BrainBox AI develops autonomous building technology that optimizes HVAC systems using artificial intelligence. Its cloud-based solution analyzes data to predict maintenance needs and maximize energy efficiency, reducing operational costs.
Sollum Technologies Inc., established in 2015 and headquartered in Montreal, Canada, specializes in designing and manufacturing innovative lighting systems. The company's core product is a smart LED lighting solution that dynamically replicates the full spectrum of natural sunlight, optimizing growth conditions for crops and animals. Sollum works closely with greenhouse producers, tailoring light recipes to match the growth cycles of various plants, regardless of their native climate or greenhouse location. This adaptive technology not only enhances energy efficiency and productivity but also improves produce quality, all while minimizing environmental impact.
HaiLa Technologies
Grant in 2021
HaiLa Technologies is a fabless semiconductor and software company that develops hyper power-efficient wireless system-on-chip solutions for Internet of Things deployments. Founded in 2019, the company aims to enable sustainable scaling of IoT sensor networks by dramatically reducing the power consumption of wireless radios, which extends battery life and can reduce or eliminate the need for sensor batteries. Its platform supports multiple applications across consumer electronics, building and process automation, medical technology, agriculture, and smart cities by enabling IoT devices to operate over existing wireless infrastructure. HaiLa focuses on enabling smaller batteries and longer lifespans for devices deployed at scale. The company is headquartered in Montreal, with offices in Copenhagen and San Francisco.
Flyscan Systems Inc. is a Québec-based company established in 2015, specializing in the development of airborne technology for detecting oil leaks in pipelines. The company's innovative platform automates the identification of small oil leaks and offers various visual inspection functions tailored for the energy sector. By utilizing industrial optics and photonics systems mounted on airborne vehicles, Flyscan provides remote detection services that enable clients to monitor underground pipelines effectively. This technology helps clients promptly address any leakages, thereby mitigating potential environmental damages.
PyroGenesis designs, develops, manufactures, and commercializes advanced plasma processes and systems for defense, metallurgical, mining, advanced materials, oil and gas, and environmental industries. Headquartered in Montreal, it provides products and solutions such as DROSRITE for metal recovery from dross, plasma atomized metal powders, PUREVAP silicon production from quartz, plasma torches for waste treatment and high-purity materials production, plasma arc gasification and waste destruction systems, and custom reactors and furnaces, along with related services. PyroGenesis positions itself as a leading developer and supplier of turnkey plasma process equipment and contract research for global clients.
Maxen
Pre Seed Round in 2021
Maxen is a Montreal-based company focused on reducing the environmental footprint of buildings by enhancing energy efficiency and operational management. The company develops management systems that allow building managers to optimize their operations and energy processes. Maxen's platform facilitates equipment audits compatible with computerized maintenance management systems, integrating seamlessly with clients' building management systems. This approach enables businesses to achieve centralized, structured, and accessible operations management, ultimately promoting sustainable practices within the built environment.
Sollum Technologies Inc., established in 2015 and headquartered in Montreal, Canada, specializes in designing and manufacturing innovative lighting systems. The company's core product is a smart LED lighting solution that dynamically replicates the full spectrum of natural sunlight, optimizing growth conditions for crops and animals. Sollum works closely with greenhouse producers, tailoring light recipes to match the growth cycles of various plants, regardless of their native climate or greenhouse location. This adaptive technology not only enhances energy efficiency and productivity but also improves produce quality, all while minimizing environmental impact.
Nouveau Monde Graphite
Grant in 2020
Nouveau Monde Graphite Inc. is a mineral exploration company focused on the acquisition, exploration, evaluation, and development of graphite properties in Quebec, Canada. Founded in 2011 and headquartered in Saint-Michel-des-Saints, the company owns the Matawinie property, which consists of 319 mining claims covering 17,585 hectares located north of Montreal. Nouveau Monde Graphite is dedicated to developing a natural graphite-based anode material aimed at supplying the lithium-ion battery industry, thereby targeting the growing North American market for battery-grade materials. The company emphasizes environmentally responsible practices in its operations, aligning with the increasing demand for sustainable and low-impact sources of natural graphite for battery manufacturers. Its projects include the Matawinie Mine and the Battery Material Plant, positioning Nouveau Monde Graphite as a key player in the green energy transition.
PowerTree
Seed Round in 2020
PowerTree Inc. is a Montreal-based company founded in 2018 that specializes in developing software solutions for the electrical maintenance of buildings. Its easy-to-use platform enables electricians and electrical engineers to manage and document their work independently, eliminating the need for external electrical drafters. The software optimizes daily operations, provides real-time information about electrical infrastructure, and facilitates collaboration among departments and shifts. Additionally, it generates email alerts for predefined situations, allowing electricians to address issues promptly and effectively.
Nouveau Monde Graphite
Grant in 2019
Nouveau Monde Graphite Inc. is a mineral exploration company focused on the acquisition, exploration, evaluation, and development of graphite properties in Quebec, Canada. Founded in 2011 and headquartered in Saint-Michel-des-Saints, the company owns the Matawinie property, which consists of 319 mining claims covering 17,585 hectares located north of Montreal. Nouveau Monde Graphite is dedicated to developing a natural graphite-based anode material aimed at supplying the lithium-ion battery industry, thereby targeting the growing North American market for battery-grade materials. The company emphasizes environmentally responsible practices in its operations, aligning with the increasing demand for sustainable and low-impact sources of natural graphite for battery manufacturers. Its projects include the Matawinie Mine and the Battery Material Plant, positioning Nouveau Monde Graphite as a key player in the green energy transition.
Kaloom develops fully automated, programmable software for data center networking. Its solution aims to disrupt cloud and data center network management for enterprises, cloud providers, gaming companies, data center operators, and 5G wireless providers. Founded in 2014, Kaloom is headquartered in Montreal, Canada.
Brisk Synergies
Grant in 2019
Brisk Synergies Inc. is a technology company specializing in the design and development of solutions for urban planners and engineers focused on traffic movement analysis. Founded in 2013 and headquartered in Waterloo, Canada, with an additional office in Montréal, the company offers advanced software platforms, including BriskLUMINA and BriskVANTAGE. BriskLUMINA tracks and classifies individual road users while detecting near-misses and potentially dangerous interactions, whereas BriskVANTAGE employs artificial intelligence and computer vision to monitor real-time video data, enabling the identification of collision risks. These tools provide transportation engineers with critical insights into road safety issues, allowing for proactive measures to enhance traffic infrastructure and urban mobility. As of January 2020, Brisk Synergies operates as a subsidiary of Transoft Solutions, Inc.
Fractal Systems
Grant in 2019
Fractal Systems Inc. is a technology company specializing in heavy oil solutions, focusing on enhancing producer margins, streamlining infrastructure, and facilitating the transportation of heavy oil and bitumen. Established in 2006 and headquartered in Sherbrooke, Canada, with additional offices in Calgary, the company develops, patents, and implements innovative technologies. One of its key offerings is JetShear, a suite of technologies designed to improve the quality of bitumen products and reduce their viscosity, thereby allowing processed fluids to flow more easily through transport pipelines. Fractal Systems aims to provide cost-effective solutions that address the challenges associated with heavy oil production and transportation.
Boréas Technologies
Grant in 2018
Founded in 2016, Boréas Technologies specializes in manufacturing high-voltage, low-power integrated circuits for consumer and industrial markets. Headquartered in Bromont, Canada, the company's products include semiconductor solutions for applications such as computer mice, haptic trackpads, and micropumps.
Carbicrete offers innovative technology for producing cement-free, carbon-negative concrete. It licenses this technology to precast concrete manufacturers, enabling them to create sustainable building solutions that reduce greenhouse gas emissions.
Dundee Sustainable Technologies
Grant in 2018
Dundee Sustainable Technologies Inc. specializes in the development and commercialization of innovative hydrometallurgical processes aimed at addressing challenges in the mining industry, both in Canada and internationally. The company focuses on its proprietary CLEVR process, which efficiently extracts precious metals while simultaneously removing and stabilizing harmful contaminants like arsenic, antimony, and cadmium. Additionally, Dundee's GlassLock process further stabilizes arsenic and produces an insoluble glass residue that complies with environmental regulations. The company is adept at processing complex and refractory materials, allowing for the extraction of base and precious metals from ores, concentrates, and tailings that conventional methods cannot exploit due to metallurgical or environmental constraints. Founded in 1997 and headquartered in Montreal, Canada, Dundee Sustainable Technologies was previously known as Nichromet Extraction Inc. and rebranded in January 2014.
Concentric Agriculture
Grant in 2017
Concentric Agriculture Inc. is a Montreal-based company specializing in the research, development, manufacturing, and marketing of biological products for agricultural applications. Founded in 2007 and formerly known as Inocucor Technologies, the company focuses on enhancing the phyto-microbiome, which includes seeds, plants, root systems, and surrounding soil. Concentric develops innovative solutions such as the Inocucor Garden Solution, a live-cell formulation derived from microorganisms that optimizes plant growth and soil quality while helping crops withstand extreme weather conditions. The company's offerings include cell-free biological formulations for bio-stimulation and active compounds for bio-fertility and bio-protection. These products are utilized in various agricultural practices, including seed treatments, soil drenches, and foliar sprays, across traditional and organic farming, hydroponics, greenhouses, and orchards, both in Canada and internationally. Concentric Agriculture aims to provide safe and effective advancements in agtech that enhance crop yields and promote sustainable agricultural practices.
Flyscan Systems Inc. is a Québec-based company established in 2015, specializing in the development of airborne technology for detecting oil leaks in pipelines. The company's innovative platform automates the identification of small oil leaks and offers various visual inspection functions tailored for the energy sector. By utilizing industrial optics and photonics systems mounted on airborne vehicles, Flyscan provides remote detection services that enable clients to monitor underground pipelines effectively. This technology helps clients promptly address any leakages, thereby mitigating potential environmental damages.
E2metrix Inc. is a Canadian technology company focused on the design, development, manufacture, and commercialization of innovative wastewater and recirculated water treatment systems. Founded in 2010 and based in Sherbrooke, Québec, the company utilizes its proprietary electrolysis technology platform, ECOTHOR, to tackle wastewater challenges across various industries, including municipal water treatment, food processing, dairy processing, mining, and more. E2metrix specializes in providing solutions for phosphorus removal, ammonia reduction, and the recovery of resources, enabling clients to effectively manage and treat a broad range of contaminants in their wastewater.
Airex Energy
Venture Round in 2017
Airex Energy is a technology company developing torrefaction processes to convert biomass waste into carbonized products such as bio-coal and biochar. Its CarbonFX cyclonic bed reactor enables large-scale production from a range of feedstocks, including woody biomass and agricultural waste, to help reduce carbon emissions and support progress toward net-zero. The company was founded in 2008 and is based in Laval, Canada.
Orbite Technologies
Grant in 2015
Orbite Technologies is a Canadian mineral-processing and resource development company focused on clean technology. The company employs innovative and proprietary processes to produce alumina, silica, hematite, magnesium oxide, titanium oxide, and rare earth and rare metal oxides, aiming to do so at competitive costs while adhering to sustainable practices. Orbite utilizes diverse feedstocks, including aluminous clay, kaolin, bauxite, and other industrial residues, to address inefficiencies and environmental challenges in the minerals processing sector. Currently, the company is finalizing its first commercial high-purity alumina production plant in Cap-Chat, Québec, and has developed plans for a smelter-grade alumina production facility using clay from its Grande-Vallée deposit. With a robust portfolio of 16 intellectual property families, including multiple patents across various regions, Orbite operates a state-of-the-art technology development center in Laval, Québec, where it continues to refine and validate its technologies.
Fractal Systems
Grant in 2015
Fractal Systems Inc. is a technology company specializing in heavy oil solutions, focusing on enhancing producer margins, streamlining infrastructure, and facilitating the transportation of heavy oil and bitumen. Established in 2006 and headquartered in Sherbrooke, Canada, with additional offices in Calgary, the company develops, patents, and implements innovative technologies. One of its key offerings is JetShear, a suite of technologies designed to improve the quality of bitumen products and reduce their viscosity, thereby allowing processed fluids to flow more easily through transport pipelines. Fractal Systems aims to provide cost-effective solutions that address the challenges associated with heavy oil production and transportation.
SiXtron Advanced Materials
Venture Round in 2009
Sixtron Enterprises Inc. specializes in the development of anti-reflective coating solutions for the solar cell industry, with a particular focus on c-Si solar cell production lines. The company's flagship product, SunBox, is a gas handling solution designed to enhance the efficiency of solar cell manufacturing. In addition to its work in the solar sector, Sixtron is advancing thin film coating solutions applicable to the electronics and industrial coatings industries. These thin films are notable for their unique optical and mechanical properties and can be deposited without the complex requirements associated with hazardous silane gas. Founded in 2004 and based in Calgary, Canada, Sixtron Enterprises Inc. was previously known as SiXtron Advanced Materials Inc.
CVT Corp
Venture Round in 2007
CVT Corp. is an international technology company that specializes in the development, manufacturing, and marketing of continuously variable transmissions (CVTs). These advanced transmission systems are utilized across various industries, including power generation, oil and gas, mining, farming, and off-road equipment. The company serves a diverse customer base across multiple regions, including Canada, the United States, South America, Europe, Africa, Asia, and Australia. Founded in 2001 and originally known as S.O.E. Technologies, CVT Corp. rebranded in June 2007 and is headquartered in Sainte-Julie, Canada.