Investissement Quebec

Investissement Québec is a Canadian financial institution established in 1998, dedicated to supporting the growth of small and medium-sized enterprises (SMEs) as well as large companies in the province of Québec. The organization offers a variety of financing solutions and consulting services to assist businesses in their expansion projects. By combining the strengths of financial institutions and economic development agencies, Investissement Québec aims to facilitate the establishment and growth of companies within the region. The institution plays a crucial role in providing financial assistance and guidance to corporations looking to invest in Québec, thereby contributing to the local economy.

Pierre Gabriel Côté

President and CEO

Guy LeBlanc

CEO

Bicha Ngo

CEO

Past deals in Montreal

Nouveau Monde Graphite

Post in 2024
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.

Theratechnologies

Post in 2024
Theratechnologies Inc. is a biopharmaceutical company focused on developing therapeutic products primarily for HIV patients. Founded in 1993 and headquartered in Montreal, Canada, the company utilizes proprietary technologies such as Long Acting Peptides to enhance the stability of therapeutic proteins. Its lead product, tesamorelin, has completed phase III clinical trials for HIV-associated lipodystrophy and is undergoing phase II trials for mild cognitive impairment and growth hormone deficient abdominal obesity. Theratechnologies also has a preclinical product for acute kidney injury. The company markets two approved products: EGRIFTA in Canada and the United States, and Trogarzo, which is also approved for the U.S. market. It engages in various collaborations and licensing agreements, including partnerships with PDC Biotech GmbH and EMD Serono, to address additional medical needs related to HIV. The company's primary revenue source comes from RxCrossroads, a U.S.-based customer.

Nurau

Seed Round in 2024
Founded in 2020, Nurau is headquartered in Montreal, Canada. It develops a managerial platform that uses artificial intelligence to provide insights into employee needs and engagement levels, aiming to improve overall organizational performance.

Epitopea

Seed Round in 2024
Epitopea is a transatlantic biotechnology company focused on developing immunotherapies that target a novel class of tumor‑specific antigens. Using a proprietary pipeline that combines immunopetidomics, mass spectrometry, genomics and bioinformatics, the company identifies conserved, aberrantly expressed antigens hidden in cancer’s ‘junk’ DNA. These Cryptigen TSAs are shared across patients with the same cancer indication, allowing therapies to selectively eliminate malignant cells while sparing healthy tissue, with the goal of providing durable, low‑side‑effect treatments.

Cycle Momentum

Grant in 2023
Cycle Momentum is a Montreal-based accelerator established in 2014 that focuses on supporting cleantech startups. It is dedicated to working with entrepreneurs who develop and commercialize innovative clean technologies, aiming to cultivate globally competitive companies. The accelerator provides a tailored program that includes training workshops, networking opportunities, and access to experienced mentors. Additionally, Cycle Momentum connects these startups with investors to enhance their growth potential. By concentrating on seed-stage, early-stage, and later-stage companies, particularly in B2B, commercial transportation, energy, and cleantech sectors, Cycle Momentum plays a crucial role in fostering the development of promising Canadian ventures in the clean technology arena.

Local Logic

Series B in 2023
Local Logic is a location intelligence platform based in Montreal, Quebec, that focuses on digitizing the built environment to make location data understandable and actionable for various stakeholders, including consumers, investors, developers, and governments. The platform harnesses artificial intelligence, geospatial data, and user-generated information to offer insights into lifestyle and location characteristics. With proprietary insights derived from over 75 billion data points, Local Logic provides predictive and precise analytics that inform decision-making in the real estate sector, which impacts the vast real estate market in the US and Canada. The company's services cater to commercial real estate, urban planning, and other location-based industries, assisting major developers and investors in shaping sustainable and equitable urban environments.

MY01

Series A in 2023
Founded in 2015, MY01 specializes in developing digital medical devices for accurate real-time muscle pressure measurement. Its flagship product is designed to enhance the diagnosis of Acute Compartment Syndrome (ACS) by providing timely and precise measurements.

FemTherapeutics

Seed Round in 2023
FemTherapeutics is a Montreal-based medical device company dedicated to personalizing therapeutics in women’s health. It uses artificial intelligence and patient data to design customized gynecological prosthetics, initially focusing on improving the management of Pelvic Floor Disorders.

Equisoft

Private Equity Round in 2023
Equisoft Inc. is a global provider of innovative digital solutions tailored for the life insurance and wealth management industries. Founded in 1994 and headquartered in Montreal, Canada, with an additional office in Sydney, Australia, the company specializes in delivering a comprehensive ecosystem of services. Its offerings include SaaS policy administration, customer relationship management, financial planning tools, and solutions for asset allocation and portfolio analysis. Equisoft also provides financial advisors with tools for wealth management proposals, as well as software for quotes, illustrations, and agency management systems. The company is recognized as a leading partner for Oracle's insurance policy administration platform, leveraging extensive expertise in data migration and integration. Through its diverse range of services, Equisoft aims to empower clients to navigate the complexities of digital transformation in the financial sector.

NorthStar Earth & Space

Series C in 2023
NorthStar Earth & Space provides a global environmental information platform built on satellite-based earth observation and space object tracking. The company collects and analyzes surface chemistry data to deliver earth observation information across forestry, environment and water, agriculture, energy and natural resources, and urban planning, including forest monitoring, water security, crop management, resource exploration, and land-use insights. It also tracks and catalogs resident space objects to deliver precise collision warnings, space object identification, and de-orbit change detection, supporting safe operations and scientific research. Founded in 2015 and based in Montreal, the company aims to enable sustainable management of Earth's natural resources through data-driven analytics and timely information for decision making across industries.

Prompt

Grant in 2022
Prompt is a non-profit organization based in Montreal, Canada, dedicated to enhancing research and development capabilities within the information and communications technology (ICT) sector. By facilitating business alliances, Prompt supports Quebec-based companies and institutional projects through its AI innovations grant program. The organization funds a wide range of initiatives in both software and hardware development, focusing on areas such as cybersecurity, optics-photonics and microelectronics, wireless technologies, artificial intelligence, big data, the Internet of Things (IoT), intelligent transportation, immersive technologies and virtual reality, as well as media technologies. Through these efforts, Prompt aims to foster innovation and collaboration in the ICT market.

FTEX

Seed Round in 2022
FTEX is a Montreal-based developer of next-generation smart, connected drive systems for light electric vehicles. The company provides the electronics, software and applications that control vehicle motors, all connected in real time over cellular networks to FTEX's cloud platform. Its EVionics mobile operating system enables features such as location tracking, diagnostics, security, remote locking, collision detection, service and theft insurance. FTEX aims to accelerate adoption of personal electric vehicles by delivering smart motor controllers that enhance performance, range and user experience through novel technology and standards.

FemTherapeutics

Grant in 2022
FemTherapeutics is a Montreal-based medical device company dedicated to personalizing therapeutics in women’s health. It uses artificial intelligence and patient data to design customized gynecological prosthetics, initially focusing on improving the management of Pelvic Floor Disorders.

Talent.com

Series B in 2022
Talent.com is a platform that centralizes jobs available on companies'​ career websites, staffing agencies, or job boards. The company was founded in 2020 and is headquartered in Montreal, Quebec, Canada.

Prehos

Seed Round in 2022
Founded in Quebec City, Canada in 2015, Prehos is a technology company dedicated to enhancing patient care through innovative solutions for paramedical and extra-hospital services. Its platform optimizes prehospital care tasks by integrating cartography, real-time traffic conditions, and emergency department status.

RenoRun

Series B in 2022
RenoRun Inc. is a construction materials delivery company that caters to the needs of the construction industry. Founded in 2016 and headquartered in Montreal, Canada, the company offers a wide range of products, including beams, bricks, and concrete mixes. RenoRun has developed a mobile-friendly platform that allows general contractors to place orders easily, streamlining the process of procuring materials. This innovative service minimizes wasted time and effort for contractors by providing efficient delivery directly to job sites, with trained runners ensuring timely collection and drop-off of materials. In addition to its Montreal headquarters, RenoRun operates in Toronto, Canada, and Austin, Texas, positioning itself as a significant player in the construction supply market.

Explorance

Venture Round in 2021
Explorance empowers organizations worldwide with Journey Analytics solutions. It specializes in gathering and analyzing feedback from students and employees to drive informed decisions and improve experiences. With products like Blue suite for feedback collection and analysis, and Metrics That Matter for learning effectiveness, Explorance serves over 750 clients across 45 countries, including Fortune 100 companies and top higher education institutions.

Booxi

Seed Round in 2021
Booxi is a Montreal-based retail technology company that specializes in appointment booking software tailored for retailers. Its platform enhances the customer experience by simplifying appointment scheduling and management. Booxi's software includes features such as Customer Relationship Management (CRM), online payment processing, and staff calendar management, allowing businesses to efficiently manage their operations related to events and appointments. By streamlining these processes, Booxi enables retailers to focus on improving service delivery and customer satisfaction.

Zetane Systems

Pre Seed Round in 2020
Zetane Systems is a Montreal-based software company specializing in commercial applications of artificial intelligence (AI). It offers a proprietary AI development engine that provides a visual, intuitive, and collaborative environment for businesses to build AI solutions. The company aims to make AI development more accessible, explain complex neural networks, increase stakeholder buy-in, reduce time to market, and mitigate risks prior to deployment. Additionally, Zetane Systems offers consulting services to facilitate the adoption of AI in diverse industries.

Breathe Life

Series A in 2020
Breathe Life Inc. is a Montreal-based company established in 2017 that specializes in providing a software platform for the life insurance industry. This enterprise Software-as-a-Service (SaaS) solution facilitates the digital distribution of life insurance policies, effectively removing the need for brokers. Breathe Life's platform enables insurers, distribution organizations, and advisors to enhance business operations by streamlining the policy delivery process and lowering operational costs. With features that allow consumers to create quotes and complete applications in a single session, the platform empowers users to independently purchase financial security products. Overall, Breathe Life aims to modernize and optimize how insurance companies engage with clients and manage their offerings.

Nesto

Series A in 2020
Nesto Inc. is a Montreal-based mortgage broker founded in 2017. The company focuses on providing financial and mortgage advice, covering various aspects of property-related lending, including help-to-buy, buy-to-let, and affordable housing schemes. Nesto aims to deliver a transparent and empowering property financing experience by utilizing advanced technology to quickly screen the market for affordable mortgage options. Its commission-free experts offer unbiased support throughout the entire process, helping homebuyers make informed financing and property decisions. Through its innovative approach, Nesto seeks to simplify the mortgage process from start to finish.

Hopper

Venture Round in 2020
Founded in 2007, Hopper is a Montreal-based company that develops a mobile application using big data to predict and analyze airfares and accommodations. It provides travel recommendations and notifies users when prices are at their predicted lowest points.

Nouveau Monde Graphite

Debt Financing 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.

Stradigi AI

Series A in 2019
Founded in Montreal in 2005, Stradigi AI develops an AI-based SaaS platform that accelerates time-to-value for data-driven decisions across all business functions. Its Kepler AI business platform enables business users to access automated machine learning workflows, creating a project lifecycle that speeds and scales AI deployment.

Pit Caribou

Venture Round in 2019
Pit Caribou is a microbrewery founded in 2007, located in L'Anse à Beaufils on the Gaspé Peninsula in Quebec. The brewery focuses on crafting quality beers by utilizing local resources from the Gaspé region. It offers a diverse selection of wheat and red beers in various flavors, catering to a wide range of customer preferences. In addition to its production facilities, Pit Caribou operates pubs in Percé and Montreal, where patrons can enjoy their offerings. The company also features a shop for customers to purchase bottled products and a patio that allows visitors to savor their beers by the sea. Currently, Pit Caribou employs 37 people.

Prehos

Seed Round in 2019
Founded in Quebec City, Canada in 2015, Prehos is a technology company dedicated to enhancing patient care through innovative solutions for paramedical and extra-hospital services. Its platform optimizes prehospital care tasks by integrating cartography, real-time traffic conditions, and emergency department status.

Alethia Biotherapeutics

Debt Financing in 2019
Alethia Biotherapeutics, Inc. is a biotechnology company based in Montreal, Canada, founded in 2002. It specializes in the discovery and development of monoclonal antibody-based therapeutics aimed at treating various forms of cancer, particularly focusing on cancer-associated epithelial-to-mesenchymal transition, ovarian cancer, and cancer-induced bone loss. The company's product portfolio includes Isogranulatimide, a G2 checkpoint inhibitor that enhances the effectiveness of DNA-damaging chemotherapy agents; sCLU, a glycoprotein linked to multiple malignancies; AB-0447, which targets a specific antigen prevalent in over eighty-five percent of ovarian cancer cases; and AB-0440, a protein involved in osteoclast differentiation associated with bone loss. Alethia Biotherapeutics employs patented STAR discovery technology to develop therapeutics that address clinically relevant disease-specific targets, thereby aiding healthcare professionals in managing cancer and its complications.

Enerkem

Corporate Round in 2019
Enerkem transforms non-recyclable waste into renewable biofuels and chemicals. Its proprietary thermochemical process converts municipal solid waste into biofuels like ethanol, addressing oil dependence and waste disposal challenges.

Nouveau Monde Graphite

Debt Financing in 2018
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.

Hopper

Series D in 2018
Founded in 2007, Hopper is a Montreal-based company that develops a mobile application using big data to predict and analyze airfares and accommodations. It provides travel recommendations and notifies users when prices are at their predicted lowest points.

Hopper

Series C in 2016
Founded in 2007, Hopper is a Montreal-based company that develops a mobile application using big data to predict and analyze airfares and accommodations. It provides travel recommendations and notifies users when prices are at their predicted lowest points.

Prevtec Microbia

Venture Round in 2015
Prevtec Microbia Inc. is a biotechnology company based in Montreal, Canada, specializing in the development, manufacturing, and marketing of products aimed at preventing bacterial infections and enhancing performance in food animal production. Founded in 2003 by Dr. John M. Fairbrother and Dr. Eric Nadeau, the company originated as a spin-off from the Faculté de médecine vétérinaire at the Université de Montréal. Prevtec Microbia is known for its flagship product, Coliprotec, a live vaccine designed to prevent post-weaning diarrhea in pigs caused by F4 (K88)-positive E. coli bacteria. The company operates primarily in Canada and Europe, focusing on sustainable solutions that improve animal health and food safety, thereby increasing production performance in the agri-food sector. As of 2019, Prevtec Microbia operates as a subsidiary of Elanco Canada Limited.

Audiokinetic

Venture Round in 2007
Audiokinetic Inc. is a Montreal-based company founded in 2000 that specializes in cross-platform audio solutions for the interactive media and gaming industries. The company is best known for its flagship product, Wwise, an integrated audio authoring middleware that enables sound designers and audio programmers to create sophisticated and immersive audio experiences. Wwise features an optimized sound engine, an event-based audio authoring tool, and a comprehensive audio pipeline solution. In addition to Wwise, Audiokinetic offers a range of innovative products, including SoundSeed, a family of interactive sound generators, and Wwise Motion, which allows real-time simulation and editing within the Wwise application. The company also provides consulting services, including custom tool development, project support, and sound engine integration. With a commitment to advancing audio production technology, Audiokinetic has established itself as a leader in the industry, helping developers create engaging soundscapes for video games and interactive media.

Hyperchip

Debt Financing in 2002
Hyperchip (www.Hyperchip.com) is the Petabit Routing Company. Founded in 1997, Hyperchip is a privately held company funded by Siemens, Argo Global Capital (backed by the worlds leading telcos) and TechnoCap, Montreal's leading net-focused venture fund. The company is headquartered in Montreal. All financial figures included in this press release are cited in Canadian dollars. Hyperchip and the Petabit Routing Company are trademarks of Hyperchip Inc. Other trademarks identified in this release are the property of their respective companies.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.