FounderFuel is a mentor-driven venture accelerator based in Montreal, Canada, founded in 2011 by Real Ventures. The organization offers a three-month intensive program designed to support new startups in advancing along the venture path. During this program, participants benefit from the guidance of a network comprising veteran entrepreneurs, operators, and executives, which helps them refine their business visions, expand their professional networks, and accelerate their development. FounderFuel primarily focuses on seed funding opportunities, particularly in the technology sector, with a keen interest in startups leveraging artificial intelligence and machine learning.

Real Ventures is a venture capital firm based in Montreal, Canada, with an additional office in Toronto. Founded in 2007, it specializes in making direct and fund of fund investments, focusing primarily on early-stage companies, including seed stage and growth capital investments. The firm emphasizes investing in a diverse range of sectors, such as internet software, telecommunication services, agtech, fintech, and entertainment, among others. Real Ventures aims to invest approximately 80% of its capital in Quebec-based companies while also targeting opportunities across Canada, particularly in the Toronto-Waterloo corridor. Typical investments range from $0.25 million to $1.15 million, with the firm seeking a minimum 5% stake in its portfolio companies. In addition to financial backing, Real Ventures is committed to supporting entrepreneurs and fostering the development of robust tech ecosystems throughout Canada.

BDC Capital Inc. is the private equity and venture capital division of the Business Development Bank of Canada, focusing on direct investments and fund of funds strategies. The firm specializes in providing risk capital to small and medium-sized enterprises, including subordinate financing, recapitalizations, and mezzanine investments. BDC Capital's venture capital activities encompass a wide range of stages from seed funding to pre-IPO financing, with a particular emphasis on technology-based companies in sectors such as healthcare, information technology, and clean technology. It aims to support women-led businesses and typically invests between CAD 3 million and CAD 35 million, taking minority stakes in its portfolio companies. BDC Capital seeks to exit investments within three to five years through various strategies, including initial public offerings or strategic sales. Established in 1975 and headquartered in Montreal, the firm has a presence in key Canadian provinces, actively participating in syndicates and maintaining a focus on high-growth potential companies.

Fonds de solidarité FTQ is a private equity and venture capital firm based in Montreal, Canada, focusing on investments in small and medium-sized businesses primarily in Quebec. The firm specializes in various financial activities including start-ups, early ventures, mergers, acquisitions, and business successions. It invests in diverse sectors such as aerospace, agri-food, natural resources, and life sciences, while avoiding retail, real estate, and biotechnology. Fonds de solidarité FTQ typically seeks projects requiring investments of $3 million or more and offers loans up to $2 million. It targets companies with specific financial criteria, such as minimum capitalization and revenue thresholds, and can take both minority and majority stakes in its portfolio. The firm aims to foster economic development by supporting companies that positively impact the Quebec economy and holds investments for five to ten years, extending to over ten years in cases of business succession. With a strategic focus on regional growth, Fonds de solidarité FTQ operates across various regions of Quebec, reinforcing its commitment to local development and innovation.

Anges Québec is a venture capital firm based in Montreal, Canada, founded in 2008. It specializes in seed and startup investments in a diverse range of sectors, including clean technologies, industrial and manufacturing, innovative services, information and communications technologies, medical devices, optics, electronics, real estate, retail, and life sciences. The firm focuses on innovative companies with large target markets and has facilitated over 210 investments in more than 115 enterprises, contributing over $80 million to the Quebec economy. Anges Québec comprises a network of more than 230 angel investors who typically invest between $25,000 and $100,000 individually, and collectively between $250,000 and $1,000,000 per project. Additionally, the firm supports its members in enhancing their investment knowledge and skills through a professional development center.

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.

Fondaction is a Montreal-based investment firm established in 1996, specializing in both direct and fund of fund investments, primarily in small and medium-sized enterprises across various sectors, with a strong emphasis on clean energy and agri-food. The firm engages in private equity and venture capital investments, targeting companies at various stages, including seed, startup, and later-stage transactions, primarily within Quebec. Fondaction's direct investments range from CAD 0.5 million to CAD 10 million, while fund investments typically fall between CAD 0.5 million and CAD 75 million per transaction. With a commitment to socially responsible finance, Fondaction integrates sustainable development principles into its investment strategy, supporting over 1,050 SMEs and contributing to job creation in the region. The organization manages assets exceeding one billion dollars, derived from retirement savings of more than 131,000 shareholders. Fondaction is recognized for its transparency in sustainable development practices and compliance with international reporting standards.

TandemLaunch, founded in 2010 and based in Montréal, Canada, is an accelerator that focuses on scouting, accelerating, and commercializing early-stage technologies developed at leading universities. The organization collaborates with innovative entrepreneurs and major consumer electronics brands to transform initial ideas into successful startup ventures with the potential for global impact. Through its incubation program, TandemLaunch offers mentorship, comprehensive engineering and business resources, and seed financing of up to $800,000. Graduates of the program have access to additional venture capital from the TandemLaunch Ventures fund and its network of over 50 Limited Partners. The firm particularly targets investments in early-stage technology companies, with a specific focus on the information technology sector within Quebec.

Inovia Capital is a venture capital firm based in Montreal, Canada, founded in 2007 by Chris Arsenault. The firm specializes in investing in early-stage and growth-stage companies, targeting sectors such as mobile technology, consumer internet, software as a service, digital media, healthcare, and biotechnology, among others. With over $1 billion in assets under management, Inovia Capital seeks to support passionate tech founders with global ambitions by providing not only capital but also coaching and access to talent within key ecosystems in Canada, the United States, and Europe. The firm focuses on applied services and infrastructure platforms aimed at transforming complex legacy industries, including financial services and healthcare.

Desjardins Group is a financial services cooperative that provides a comprehensive array of personal and business services. For individuals, it offers products such as credit and prepaid cards, personal and auto loans, insurance, and investment options. Businesses benefit from services that include financing solutions, insurance, payroll management, and international cash management. Additionally, Desjardins Securities provides a full suite of securities brokerage services, catering to both individual investors and institutional clients through various investment products and advisory services. Its venture capital division manages a range of funds, including Desjardins Venture Capital and Capital régional et coopératif Desjardins, aiming to support businesses with financial resources and expertise. Through these diverse offerings, Desjardins Group plays a significant role in the financial ecosystem, addressing the needs of both personal and commercial clients.

Export Development Canada is an export credit agency established in 1944 and headquartered in Ottawa, Canada. Its primary mission is to assist Canadian companies, both large and small, in expanding their operations internationally. The agency provides a range of credit services, which include loans and financial support, to facilitate global trade. The majority of its investment portfolio comprises loans receivable, along with significant holdings in cash and marketable securities. Through these services, Export Development Canada plays a vital role in enhancing the competitiveness of Canadian businesses in the global marketplace.

White Star Capital is a global venture capital fund and multi-stage technology investment platform established in 2007. It focuses on early-stage investments in technology companies across North America, Europe, and Asia. With offices in New York, London, Montreal, Toronto, Paris, Tokyo, and Hong Kong, the firm leverages its extensive experience and networks to support exceptional entrepreneurs in scaling their businesses internationally. White Star Capital partners closely with founders from Series A onwards, providing the necessary resources and insights to facilitate growth in diverse markets.

National Bank of Canada, established in 1859 and headquartered in Montreal, offers a comprehensive range of financial products and services to retail, commercial, corporate, and institutional clients both domestically and internationally. The organization operates through four main segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment provides personal banking services, commercial banking solutions, and various insurance products. Wealth Management offers investment solutions, trust services, and lending options. In the Financial Markets segment, the bank specializes in risk management products, underwriting, and advisory services for mergers and acquisitions. The U.S. Specialty Finance and International segment focuses on specialty finance and financial services in emerging markets. National Bank also operates a network of 483 branches and 1,573 banking machines, aiming to deliver exceptional service and client satisfaction across all its offerings.

Panache Ventures is a venture capital firm founded in 2018 and based in Montréal, Canada, with additional offices in Calgary, Vancouver, Toronto, and San Francisco. The firm specializes in pre-seed and seed-stage investments, focusing on sectors that leverage Canada's strengths, including artificial intelligence, fintech, digital health, enterprise software, and blockchain. Panache Ventures aims to support innovative startups primarily within Canada, although it has a presence in the United States as well. The firm typically seeks to make initial investments of up to USD 1 million, targeting a diverse array of technology sectors such as cybersecurity, virtual reality, and data analytics.

The Creative Destruction Lab (CDL) is a seed-stage acceleration program founded in 2012 at the Rotman School of Management in Toronto, Canada. It is dedicated to supporting massively scalable, science- and technology-based ventures by providing a unique coaching process focused on specific objectives. CDL connects startups with experienced entrepreneurs and leading scientists across various sectors, including artificial intelligence, healthcare, quantum computing, blockchain, energy, and cleantech. The program has expanded its reach, operating in six cities: Vancouver, Calgary, Toronto, Montreal, Halifax, and New York City, and emphasizes the commercialization of scientific and technological advancements.

Diagram is a Montreal-based venture launchpad and private equity firm established in 2016. It focuses on building innovative companies in the financial and insurance technology sectors, aiming to provide wellness solutions for all. By assembling teams of experienced founders with ambitious ideas, Diagram equips them with necessary capital, expertise, and infrastructure to drive innovation. The firm primarily targets investments in insurance, financial services, and healthcare, supporting the development of the next generation of global companies from Canada.

Founded in 1995, Desjardins Capital is a private equity arm of Desjardins Group based in Montreal, Canada. The firm seeks to invest in companies operating in the food, retail, transportation, manufacturing, healthcare, and construction sectors.

Caisse de dépôt et placement du Québec (CDPQ) is a privately owned investment manager based in Quebec City, Canada, established in 1965. It serves pension funds, insurance plans, and various organizations, focusing on long-term investment strategies. The firm operates globally across multiple asset classes, including public equity, fixed income, private equity, infrastructure, and real estate. CDPQ's private equity investments range from direct investments to fund of funds, emphasizing minority stakes rather than controlling interests. Its portfolio includes sectors such as healthcare, energy, materials, financial services, information technology, and consumer products. The firm also has a notable interest in mining and natural resources at all stages of development. In real estate, CDPQ targets direct investments in shopping centers, office buildings, and multi-residential properties. For fixed income, it invests in a variety of securities, including treasury bills and mortgage-backed securities. CDPQ employs fundamental analysis to guide its investment decisions and seeks opportunities in Quebec, North America, and Asia, with a commitment to sustainability and long-term value creation.

Desjardins Capital is a private equity and venture capital arm of Mouvement des caisses Desjardins specializing in startups, venture debt, mezzanine, early venture, mid venture, late venture, middle market, mature and later stage. The firm does not invest retail, company turnaround, and venture capital investment firms. The firm seeks to invest in healthcare, trading companies and distributors, agricultural services, and life sciences sectors. The firm’s life sciences investments includes the firm focuses on the biotechnology and pharmaceutical fields with a particular focus on therapeutic products, medical equipment, and services, at all stages of their development. It also seeks to invest in life sciences companies having a proprietary intellectual property, a multi-product development strategy, assets less than $50 million, net worth less than $20 million, and having 50 percent of its staff based in Québec. It seeks to invest in Quebec with a focus on Saguenay-Lac-Saint-Jean, Charlevoix and Haute Côte-Nord, Côte-Nord, Chaudières-Appalaches, Quebec City, Central Quebec, Eastern Townships, Montreal, Outaouais, Abitibi-Témiscamingue, Nord-du-Québec and Northern Québec, Eastern Montérégie, Richelieu-Yamaska, Mauricie, Laval and Laurentians, Lanaudière , Bas-Saint-Laurent, Gaspésie-Îles-de-la-Madeline, Côte-Nordat, South Shore and North Shore, Greater Montreal, and Center and East of Montréal. The firm seeks to invest between $0.09 million and $24.22 million in form of equity and between $0.09 million and $484 million in form of debt. The firm invests in businesses and cooperatives. Within businesses it seeks to invest in development capital. It provides capital for acquisitions and mergers, expansion and modernization, management buyout, business transfer and buyout, innovation, development of cooperatives, increasing working capital. It does not invest in natural resource exploration, and financial services. The firm invests in industrial, manufacturing, service sectors, technology and telecommunication sector. The firm’s industrial investments include industrial technology, from manufacturing to nanotechnology, as well as the chemical, electronic, energy-related technology, food, and heavy industry sectors. Within information technology and telecommunications, it seeks to invest in information management, knowledge management, telecommunication equipment, microelectronic, security, and Internet services as well as biotechnology. The firm provides both equity and loans. In case of equity, it can invest for periods of 5 to 8 years, requires board participation and can be a minority or majority shareholder. It provides unsecured loans for 3 to 5 years. It can also finance through instruments that fall between senior debt and equity. The firm seeks to invest up to $20 million with a horizon of five to eight years, and take the form of common or preferred shares, debentures (convertible or non-convertible, participatory), or mezzanine. The firm provides development capital of less than $5 million in the industrial sector in all of Québec’s other administrative regions. It invests between $.1million and $20 million to support businesses with growth or acquisition projects in the industrial sector across all Québec regions. It also invests in small and medium sized companies based in the Greater Montreal region in Canada. The firm typically provides mezzanine capital to companies which have a minimum of two years of profitability, has projects involving an acquisition or consolidation, a management buyout, an expansion, and a recapitalization or a succession. It prefers to hold minority stakes in its portfolio companies. Within cooperatives, it invests in all business sectors except natural resource exploration and financial services. Cooperatives active in the tourism and recreation sector are eligible provided they are managed by a seasoned operator, offer products and services other than simply lodging services and have a history of profitability. The real estate sector is eligible in the context of housing cooperatives. Amounts of over $0.2 million are invested for periods that vary generally between 3 to 10 years. It provides worker shareholder cooperative financing to cooperatives with worker-members from the same employer and whose payroll represents over 80% of that of the company. This type of financing, in the form of a non-guaranteed loan, provides worker shareholder cooperatives with financing to acquire or to grow their equity participation in the company that employs its members. It provides Desjardins cooperative financing to support development and growth plans, for the medium or long term in the form of a non-guaranteed loan, participatory or not, it may also take the form of privileged shares, participatory or not. It provides Network Growth Capital to cooperative network organizations to support members of their respective networks. These cooperative leaders may be cooperative federations or cooperatives that exert significant influence on their network. Cooperative must be willing to establish a joint credit committee (made up of cooperative leader and Desjardins Business Capital régional et coopératif) to review and authorize requests. The firm was formerly known as Investissement Desjardins. Desjardins Capital was founded in 1974 and is based in Québec, Canada with additional offices across Québec, Canada.

Ecofuel Accelerator is a Quebec-based firm established in 2014 that specializes in supporting clean technology startups. The accelerator provides seed financing of up to $150,000, primarily through convertible notes. It runs a rigorous selection process to choose up to six teams for its intensive 10-16 week programs, which occur twice a year. Participants benefit from a comprehensive curriculum that includes training workshops, networking opportunities, and access to an experienced mentor ecosystem. The program aims to foster entrepreneurship and facilitate the successful establishment of new companies in the clean technology sector. Additionally, teams are hosted in a dedicated facility in Montreal for the duration of their participation, enhancing their collaborative experience.

The Business Development Bank of Canada (BDC) is a government-owned financial institution established in 1944, headquartered in Montreal. It aims to foster economic growth and job creation by providing financial products and services primarily to small and medium-sized enterprises (SMEs) across Canada. BDC offers a range of services, including business loans, subordinate financing, venture capital, and consulting support in areas such as strategic planning and human resource management. The bank serves various industries, including aerospace, automotive, construction, food and beverage, manufacturing, mining, oil and gas, technology, and tourism. With a network of over 100 offices, BDC operates in both official languages, ensuring access to its services for a diverse clientele nationwide.

Novacap Investments, Inc. is a Canadian private equity and venture capital firm established in 1981, with a headquarters in Montreal and additional offices in Toronto and Brossard. The firm specializes in investing in mid-market companies across North America, particularly in sectors such as technology, media, telecommunications, consumer products, healthcare, and financial services. Novacap typically targets companies with revenues between $10 million and $300 million, enterprise values of $50 million to $350 million, and a minimum EBITDA of $3 million, often seeking majority stakes. With $2.8 billion in assets under management, Novacap employs a hands-on investment strategy that combines operational expertise with active partnerships with entrepreneurs to foster growth and create long-term value in its portfolio companies.

Founded in 2001, Sidex is a government investment firm based in Montreal, Canada. The firm seeks to invest in companies focused on the mineral exploration sector.

Investissement Québec, Investment Arm is a venture capital and private equity arm of Investissement Québec Inc. specializing in development capital, project financing and venture capital and investment funds. It is involved in equity financing, debt financing and quasi equity financing. The firm does not invests development capital in agriculture, finance and insurance, real estate, retail sales and comparable activities and other sectors where the client base is made up primarily of individuals, except tourism. It seeks to invest in agri-food; mines, materials, energy, chemicals, and environment; forest products; life sciences; and information and communication technology. Within agri-food, the firm focuses on processing, distribution, and exports and biotechnologies companies. Within mines, metals, and minerals, it focuses on mineral exploration, mine development; advanced materials such as composite materials, new ceramics, polymers, high-strength steels, superalloys, refractory metals, heat protection materials, plastics, technical textiles, and others particularly for the aerospace, land transportation, construction, and industrial equipment industries; manufacture of new or improved products with high technological content; production and processing of metals, particularly aluminum. The firm also focuses on nanotechnologies particularly in the automobile and aeronautics, electronics, communications, chemical, pharmaceutical, and biotechnology industries. Within chemicals, it focuses on fine-chemical, petrochemicals, and specialty chemicals. In energy the firm focuses on hydroelectricity, wind energy, biomass cogeneration, manufacturing of equipment and components, and biofuels. Within environment, it focuses on water, air, contaminated soil, and waste. Within forest products, the firm focuses at every stage of the forest product development chain, including structural components and engineered wood, non-structural and cosmetic components, furniture, sawmills, pulp, paper, and cardboard plants, etc. It also takes part in projects involving the supply chain and product commercialization. Within life sciences and healthcare industry, the firm focuses on medical equipment and devices, specialty and generic pharmaceuticals, nutraceutical products, contractual research and drug manufacturing, and long-term care. Within information and communication technology, it focuses on digital animation, interactive entertainment, outsourcing, technology infrastructure, Internet, telecommunications, software, optics and photonics, security, data processing services, and health care technologies. The firm also focuses on companies active in software development, publishing, and high-value-added services and have developed proprietary technologies, technology integrators, and other processes in this area. It prefers to invest in companies based in Quebec, Canada. It invests in companies that want to consolidate, merge, or form a group, alliance, and partnerships to be more competitive in local, Canadian, or international markets and lead the Quebec market and has acquisition or development projects outside Quebec and need financing between CAD 5 million ($4.95 million) to CAD 100 million ($99.18 million) in the form of loan or share capital. In project financing the firm provides a minimum of $50,000 short or long term finance for up to 25 years. In development capital the firm provides equity participation of $2 million or more between 20% to 30% shares and debt financing up to $100 million. In venture capital and debt financing it provides direct venture capital investments in either equity or quasi-equity with an initial investment of at least $1 million. The firm seeks to invest in the form of share capital, preferred shares, senior debt, and junior debt. It also makes fund investments. Investissement Quebec, Investment Arm is based in Quebec, Canada, with additional office in Montréal, Canada.

Luge Capital is a venture capital firm based in Montreal, Canada, with an additional office in Ontario. Founded in 2018, the firm specializes in seed and early-stage investments, primarily focusing on the fintech sector and the application of artificial intelligence in financial services. Luge Capital typically invests between CAD 0.15 million and CAD 2 million, targeting innovative teams that aim to enhance customer experiences, simplify processes, and improve the efficiency of financial institutions through data-driven decision-making. The firm is dedicated to supporting entrepreneurs by leveraging its extensive network and industry insights to help build successful companies in North America.

Amorchem is a private equity and venture capital firm established in 1997 and based in Montreal, Canada. The firm focuses on investing in the life sciences sector, particularly in genomics, biotechnology, and therapeutics for diseases such as cancer, infectious diseases, inflammation, and diabetes. Amorchem primarily targets promising life science projects originating from universities and research centers in Quebec, employing an innovative model that finances research-stage projects to achieve pre-clinical proof-of-concept. The firm invests in various forms, including common stock and convertible securities, and often seeks a Board seat to actively participate in the growth of its portfolio companies. Amorchem's investment strategy emphasizes both early-stage and later-stage financing, and while it may act as a sole investor, it generally prefers to engage in syndicated deals. The firm primarily operates in Canada, the United States, and Europe, with a commitment to maximizing the commercial potential of quality academic research.

Brightspark Ventures is a Toronto-based venture capital firm founded in 1999, specializing in early-stage investments in Canadian software companies. With over two decades of experience, Brightspark has honed its focus on identifying exceptional startups and collaborating closely with them to foster growth and achieve strong returns. The firm allows individual accredited investors to participate in its investment opportunities, aligning their interests with those of the startups and their leadership teams. This investment model benefits both the investors and the portfolio companies, as the firms can leverage a network of supportive investors without the burden of extensive management. By leading investments and acting as a gatekeeper, Brightspark helps ensure that its portfolio companies can concentrate on their growth without distractions, making it an attractive partner for some of Canada's best technology startups.

Front Row Ventures is a venture capital firm established in 2016 and headquartered in Quebec, Canada, that focuses on investing in student-led startups. With a belief that students possess a unique opportunity to innovate during their university years, the firm aims to empower them to launch transformative ventures. Front Row Ventures typically invests up to $25,000 in promising projects, contributing to a broader mission of fostering startup and venture capital culture across Montreal's academic institutions. By engaging with the local technology sector, the firm encourages students to learn, participate, and create, thereby challenging the status quo and driving entrepreneurial growth in the region.

Theodorus is the venture capital arm of Université Libre de Bruxelles in Belgium, focusing on seed, early-stage, and start-up investments exclusively in spin-offs from the university. The firm specializes in sectors such as biotechnology, medical devices, engineering technologies, and high tech. It primarily invests in the Walloon region of Belgium, providing funding that ranges from 0.25 million € to 2 million € per company. Theodorus operates from its headquarters in Brussels, Belgium, and maintains an additional office in Montreal, Canada, where it supports projects that utilize proprietary disruptive technologies.

SOSV is a global venture capital firm founded in 1995 and headquartered in Princeton, New Jersey. Specializing in seed-to-growth stage investments, SOSV operates multiple accelerator programs worldwide, including HAX for hardware, IndieBio and RebelBio for life sciences, Chinaccelerator and MOX for cross-border internet ventures, Food-X for innovative food solutions, and dlab for blockchain technology. The firm focuses on investments in revolutionary deep technologies aimed at improving human and planetary health, as well as cross-border markets, particularly in Asia. SOSV invests in approximately 150 startups annually, providing support through its resources to accelerate product development and scaling. Over its two-decade history, SOSV has established a strong reputation, consistently ranking among the top venture capital firms globally.

Rho Capital Partners, Inc., founded in 1981 and headquartered in New York with additional offices in Palo Alto and Montreal, is a principal investment firm that focuses on direct and fund of fund investments. The firm actively invests across various stages, including seed, early, and growth capital, targeting sectors such as new media, technology, healthcare, and energy. Rho Canada Ventures, a division of Rho Capital, emphasizes early-stage investments in innovative Canadian technology companies, leveraging a team with extensive experience in both the U.S. and Canadian markets. Rho Capital aims to support entrepreneurs with diverse backgrounds and unconventional ideas, believing that significant opportunities can arise in unexpected places. The firm typically invests between $5 million and $20 million, favoring minority and majority stakes while maintaining a global investment focus, particularly in North America and Europe. Through its experience and sector expertise, Rho seeks to identify and nurture transformative companies that can redefine their industries.

First Ascent Ventures is a venture capital firm founded in 2015, based in Toronto, Canada, with additional offices in Montreal and San Francisco. The firm specializes in investing in emerging Canadian technology companies that focus on developing disruptive enterprise B2B software applications. These applications leverage advanced technologies such as cloud computing, big data, artificial intelligence, machine learning, and the Internet of Things. First Ascent Ventures typically invests between CAD 5 million and CAD 10 million in Series A and B funding rounds. The firm seeks to partner with committed entrepreneurs and management teams, offering not only financial support but also the expertise of experienced financial and operational executives to drive growth and facilitate successful exits for stakeholders.

Telesystem Ltd. is a Montreal-based private equity and venture capital firm founded in 1984 by Charles Sirois. The firm specializes in investments within the media and technology sectors, focusing on data analytics and industrial innovations. Telesystem targets mid and late-stage ventures, emerging growth, and early revenue stage companies, often serving as the lead investor in initial funding rounds. Its investment strategy includes taking both majority and minority stakes in companies, with a preference for opportunities in Canada and the United States. Over its history, Telesystem has been involved in creating, acquiring, financing, and managing companies primarily in the information and communication technologies sector. Additionally, Telesystem Space operates within Canada’s wireless telecommunications industry, expanding the firm's reach in technological investments.

Cycle Capital Management Inc. is a venture capital firm based in Montréal, Canada, specializing in late venture and growth capital investments. Founded in 2009, the firm primarily targets companies in the clean technology and renewable energy sectors, including biomass, green transportation, agriculture technologies, smart grid, and energy efficiency. Cycle Capital seeks to invest in ventures that are in the development and commercialization phases, particularly those with strong intellectual property and exceptional management teams. The firm typically invests between CAD $0.1 million and CAD $8 million in portfolio companies, which may have maximum revenues up to CAD $1 million. It focuses on making leading investments in North America, especially in the Québec region, while also exploring opportunities in China. Cycle Capital plays an active role in enhancing the value of its portfolio through advisory services and leveraging its extensive network of investors and strategic partners. The firm generally holds its investments for a period of five to seven years, managing a total of CAD $230 million in assets.

Claridge Inc., established in 1987 and headquartered in Montreal, Quebec, is a private investment firm with over five decades of experience in private equity investing. Founded by Charles Bronfman, the firm represents the interests of the Bronfman family and employs approximately 30 investment and administrative professionals. Claridge manages a diverse portfolio that includes direct equity investments in sectors such as food, real estate, technology, entertainment, and renewable energy. Additionally, the firm engages in third-party managed investments across various industries globally. Its portfolio is strategically designed to optimize economic sector and geographic diversity, allowing Claridge to navigate different economic cycles effectively. The firm's expertise in identifying transformational opportunities and enhancing portfolio company value has contributed to its ability to achieve superior risk-adjusted returns over time.

Bolt Innovation Management, LLC is a venture capital firm based in San Francisco, California, with an additional office in Boston, Massachusetts. Founded in 2012, the firm specializes in pre-seed and seed-stage investments, focusing on companies at the intersection of digital and physical worlds. Bolt primarily invests in sectors such as healthcare, consumer goods, technology, and business services, and typically commits between $0.2 million and $1.5 million to its portfolio companies. The firm actively seeks to lead or co-lead funding rounds ranging from $1 million to $4 million. With over 70 investments made from its latest fund, Bolt is particularly interested in opportunities within the Boston and Bay areas, as well as New York City, Los Angeles, and Montreal.

Walter Capital Partners is a private equity firm and part of the Walter Group. Walter Capital invests capital and know-how in established small and medium-sized businesses to help accelerate their growth. Drawing on the entrepreneurial values of the Walter Group and the business leadership expertise of its Managing Partners, Walter Capital offers solutions that are above and beyond purely financial transactions. Headquartered in Montreal, Walter Capital provides a solid international network.

Pavilion Financial Corporation is an employee-owned investment services firm established in 2006, providing a range of advisory and execution services for institutional investors, including pension funds and foundations. The firm has expanded its capabilities through organic growth, strategic acquisitions, and the recruitment of specialized teams. Its subsidiaries, including Pavilion Advisory Group, deliver a comprehensive suite of integrated services, encompassing investment consulting, implemented consulting, transition management, securities trading, research, and wealth management. Pavilion Advisory Group's Research Division conducts extensive research across various domains, including investment manager, global macro, capital markets, quantitative, and alternative asset classes. The firm evaluates qualitative and performance characteristics of investment management firms globally and offers insights on asset allocation, market trends, and economic conditions. Additionally, it provides customized research and analysis to meet the specific needs of its clients, which include institutional investors, portfolio managers, and analysts. With offices in Minneapolis and Montreal, Pavilion Financial Corporation continues to position itself as a leader in the investment services sector.

Axium Infrastructure is an independent investment management firm founded in 2008 and based in Montreal, Canada. The firm specializes in both brownfield and greenfield investment opportunities, focusing on high-quality assets within core sectors such as energy, transportation, and social infrastructure in Canada and the United States. As an employee-owned firm, Axium Infrastructure is committed to managing its investments with a long-term perspective, targeting the infrastructure sector through its dedicated fund, Axium Infrastructure NA IV.

CTI Life Sciences is a Montreal-based venture capital firm that specializes in investing in emerging life sciences companies at various stages of development, particularly from pre-clinical to proof-of-concept and from proof-of-concept to Phase III. The firm focuses on sectors such as biotechnology, medical technology, biopharmaceuticals, and medical devices, primarily targeting companies located in North America, with a significant emphasis on the United States and Canada, especially Quebec. CTI Life Sciences typically invests between $5 million to $15 million in early-stage companies and $25 million to $50 million in later-stage ventures, with structured financial parameters for pre-money and post-money valuations. The firm aims to exit its investments through mergers and acquisitions. Founded in 2006, CTI Life Sciences manages approximately $245 million in assets.

Fonds régionaux de solidarité FTQ is a venture capital firm based in Brossard, Canada, that focuses on investing in companies within the technology, life sciences, and services sectors, primarily in the Montreal region of Quebec. The firm typically provides equity investments ranging from CAD 0.1 million to CAD 3 million per transaction. While it occasionally takes equity stakes in its portfolio companies, its primary approach involves offering loans to support business growth. As a subsidiary of Fonds de solidarité FTQ, the firm aims to foster local economic development by backing enterprises that contribute to the region's economic vitality.

XPND Capital is a Montreal-based investment firm established in 2011 that focuses on growth equity and buyout investments in companies located in Quebec. The firm seeks to partner with exceptional companies and talented entrepreneurs who are looking to accelerate their growth through internal development and strategic acquisitions. By targeting businesses with strong potential, XPND Capital aims to support their expansion into new markets and geographies.

Chrysalix Venture Capital, established in 2001 and headquartered in Vancouver, Canada, is an early-stage venture capital firm that focuses on industrial innovation. The firm invests in a diverse range of sectors, including clean technology, renewable energy, agriculture, artificial intelligence, data analytics, sensor components, the Internet of Things, robotic systems, blockchain, and advanced materials. Chrysalix connects market-driven challenges with breakthrough solutions, supporting technologies and entrepreneurial teams that address the evolving needs of global industries. The firm provides valuable assistance, leveraging its deep industry and technical expertise, management support, networking opportunities with industrial and financial partners, and management of intellectual property to facilitate access to capital for its clients.

McGill University, founded in 1821 through the bequest of James McGill, is a prominent Canadian educational institution recognized globally for its academic excellence. Located in Montreal, it serves a diverse student body of over 37,500 individuals from approximately 150 countries, making it the most internationally diverse research-intensive university in Canada. The university comprises two campuses and 11 faculties, offering around 300 programs of study. McGill is affiliated with four teaching hospitals, contributing to the education of more than 1,000 healthcare professionals annually. Known for attracting high-achieving students, McGill boasts the highest average entering grades in Canada and has produced a significant number of national and international award winners, including 136 Rhodes Scholars, the most from any Canadian university.

Tandem Expansion is a growth capital investment firm established in 2009 and based in Montreal, Canada. The firm specializes in making significant minority investments in small and mid-sized technology companies across various sectors, including information technology, clean technology, energy and resource technology, advanced materials, and life sciences. Tandem Expansion aims to identify companies with promising commercial prospects and unique value propositions. In addition to providing capital, the firm leverages its team's extensive experience in building businesses and fostering global relationships to enhance value creation for its portfolio companies. It typically targets investments between CAD 10 million and CAD 30 million, focusing on businesses that demonstrate technological innovation and growth potential.

Starburst Ventures is an innovation catalyst in the aerospace sector, recognized as the first global accelerator dedicated to aviation, space, and defense. Founded in 2012 and headquartered in California, it specializes in facilitating connections between established corporations and startups while offering strategic growth mentoring and consulting services. With a presence in major cities including Los Angeles, Paris, Montreal, Munich, San Francisco, and Singapore, Starburst has cultivated an extensive ecosystem that encompasses over 4,000 startups related to aerospace. The organization also hosts numerous international and national events, highlighting innovation in the industry, particularly at prominent air shows. Starburst Ventures focuses on series A and series B-stage investments, emphasizing the growth and development of aerospace companies worldwide.

NAMAKOR Holdings is a private equity firm that specializes in acquisition, middle market, and buyout investments. The firm also invests in private equity funds. The firm prefers to make investments in manufacturing or service distribution sector. The firm typically makes investments in companies located in Canada and USA. The firm prefers to make investments in companies having sales ranging from $20 million and $70 million, enterprise value between $25 million and $75 million, and EBITDA between $5 million and $15 million. The firm prefers to take active majority or buying more than 50% of shares and minority stakes. The firm invests through its own personal capital. NAMAKOR Holdings was founded in 2014 and is based in Montreal, Canada with an additional office in Tampa, Florida.

Founded in 2016, Fonds Innovexport is a venture capital firm based in Québec City, Canada. The firm seeks to invest in start-ups operating in the manufacturing, software, and artificial intelligence sectors.

Scotiabank, founded in 1832 and headquartered in Toronto, Canada, is a leading financial institution that provides a comprehensive range of banking products and services. The bank serves approximately 21 million customers across more than 55 countries, offering personal, commercial, corporate, and investment banking solutions. Its services include wealth management, corporate lending, equity underwriting, and advisory services for mergers and acquisitions. Additionally, Scotiabank has a private equity arm that focuses on middle-market investments, specializing in sectors such as healthcare, technology, and consumer products. The firm typically invests between $5 million and $25 million in companies, seeking both minority and majority ownership. With a commitment to understanding customer needs and managing risk, Scotiabank has established itself as a global financial services leader, supported by a workforce of over 86,000 employees dedicated to helping clients thrive.

Phoenix Partners is a private equity firm specializing in middle market and buyout. It also makes fund of fund investments in private equity funds. The firm seeks to make investments in the manufacturing, distribution sector, food processing, consumer packaged goods, plastic products manufacturing, transportation warehousing & logistics and metal products manufacturing. It primarily focuses on companies based in Quebec. The firm typically invests in companies with EBITDA in between CAD2 million ($1.51 million) and CAD10 million ($7.56 million). It prefers to take majority stake in its investments. Phoenix Partners was founded in 2012 and is based in Montreal, Canada with additional offices in Saint-Hubert, Laval, Canada.