The Business Development Bank of Canada (BDC), established in 1944 and headquartered in Montreal, is a financial institution dedicated to supporting small and medium-sized enterprises (SMEs) across Canada. BDC offers a range of financial products and services, including business loans, corporate financing, and subordinate financing, as well as consulting services related to strategic planning, human resource management, and international expansion. With a focus on various industries such as aerospace, automotive, construction, fisheries, food and beverage, manufacturing, mining, oil and gas, technology, and tourism, BDC operates through a network of over 100 offices, providing services in both official languages.
SVP Growth and Transition Capital, Wholesale Financing
Nicole Leite
Principal
Vern Malcolm
Managing Director, Growth and Transition Capital
Mona Minhas
Partner
Mike Notto
Partner
Sal Rabbani
Managing Partner, Advisory Services
Andrianiaina Rajaobelina
Associate Principal
Chantal Remy
Senior Vice President, Quebec and Atlantic and Advisory Services
Kunle Tauhid
Vice President, Financing and Consulting
Maxime Tourangeau
Partner
David Wan
Director, Growth and Transition Capital
Past deals in Canada
Nanoprecise
Series C in 2025
Nanoprecise Sci Corp specializes in condition monitoring systems that leverage Internet of Things technology and artificial intelligence to enhance predictive maintenance across various industries. The company has developed RotationLF, a comprehensive hardware and software solution that integrates physics, material science, and data analytics to identify issues in machinery and predict the remaining time to failure. The RotationLF sensors are capable of capturing critical data such as RPM, vibration, sound, temperature, and humidity. This innovative solution is applicable to a wide range of machinery, including pumps, motors, and turbines, serving sectors like petrochemicals, utilities, manufacturing, HVAC, oil and gas, mining, and infrastructure. Founded in 2015 and headquartered in Edmonton, Canada, with an additional office in Bangalore, India, Nanoprecise has gained recognition for its ability to deliver cost-effective and scalable monitoring solutions that enhance operational reliability and efficiency.
Quadshift
Venture Round in 2025
Quadshift is a venture builder firm established in 2017 and based in Toronto, Canada. The company specializes in acquiring and developing B2B software companies within niche vertical markets. By leveraging its expertise in finance, sales, marketing, creative, engineering, and management, Quadshift aims to create new opportunities and enhance customer value. The firm is dedicated to transforming commerce across various industries through the provision of world-class SaaS solutions.
Cardinal Energy
Post in 2024
Cardinal Energy Ltd. is an oil and natural gas company based in Calgary, Canada, focused on the acquisition, exploration, and production of these resources primarily in Alberta and Saskatchewan. Established in 2010, Cardinal Energy operates several key properties, including Bantry, Mitsue, House Mountain, Grande Prairie, Wainwright, and Midale. The company specializes in producing low decline light, medium, and heavy quality oil, contributing to the energy landscape of Western Canada.
KOHO
Series D in 2023
KOHO Financial is a Toronto-based company founded in 2014 that offers an application-based banking platform designed to simplify financial management for users. The platform facilitates day-to-day banking operations while providing a range of tools, including goal setting, cash flow projections, group spending features, and detailed spending insights. These resources enable users to effectively manage their expenses and banking activities from their mobile devices, enhancing their overall financial management experience.
EverGen Infrastructure
Post in 2023
EverGen, Canada’s Renewable Natural Gas Infrastructure Platform, is combating climate change and helping communities contribute to a sustainable future, starting on the West Coast.
Philer AI
Grant in 2023
Philer AI has been approved by the Law Society of Ontario as part of the Access to Innovation program, becoming the second technology platform in Ontario given the green light to deliver legal services to the end consumers.
Northstar Clean Technologies
Post in 2023
Northstar Clean Technologies focuses on the recovery of components and provides Environmentally-friendly reprocessing solutions for single-use asphalt shingles. The company was founded in 2017 and is headquartered in Delta, British Columbia, Canada.
Vive Crop Protection
Series C in 2023
Vive Crop Protection, Inc. is a Canadian company that develops and markets a range of crop protection products, including fungicides, insecticides, and nematicides. Founded in 2006 and headquartered in Mississauga, Ontario, with additional operations in Boston and Calgary, the company focuses on creating effective and sustainable pesticides for both organic and non-organic farming. Vive Crop Protection employs its innovative Allosperse Delivery System, which enhances the targeting and performance of pesticide active ingredients. This technology allows farmers to optimize their use of pesticides, improving crop quality and yields while promoting increased productivity and sustainability on farms. The company's products are designed to integrate easily with liquid fertilizers and other chemicals, aiding in the control of diseases affecting various crops, including sugar beets, dry beans, alfalfa, potatoes, and corn.
Royal Helium
Post in 2023
Royal Helium Ltd. is a helium exploration and development company based in Saskatoon, Canada, with a focus on primary helium production in southern Saskatchewan and southeastern Alberta. The company holds helium leases and permits that have been thoroughly evaluated for their helium potential over a period of two years, with assessments conducted by experts in geology and engineering. Royal Helium has established a strategic collaboration with The Saskatchewan Research Council to advance the development of a helium facility. Its projects benefit from proximity to established oil and gas infrastructure, as well as accessibility via highways and roads, enhancing the feasibility of its operations.
Summit Nanotech
Series A in 2023
Summit Nanotech Corporation is a cleantech company based in Calgary, Canada, that specializes in innovative lithium extraction methods aimed at supporting the global energy transition. Founded in 2018, the company has developed a patented direct lithium extraction (DLE) technology that offers a more sustainable and environmentally friendly approach compared to traditional extraction methods. By collaborating with mining companies and lithium asset owners in Chile and Argentina, Summit Nanotech aims to conserve natural resources while optimizing lithium production operations. Its focus on providing cost-effective solutions positions Summit Nanotech as a key player in the lithium supply chain, addressing industry challenges while minimizing environmental impact.
Royal Helium
Post in 2022
Royal Helium Ltd. is a helium exploration and development company based in Saskatoon, Canada, with a focus on primary helium production in southern Saskatchewan and southeastern Alberta. The company holds helium leases and permits that have been thoroughly evaluated for their helium potential over a period of two years, with assessments conducted by experts in geology and engineering. Royal Helium has established a strategic collaboration with The Saskatchewan Research Council to advance the development of a helium facility. Its projects benefit from proximity to established oil and gas infrastructure, as well as accessibility via highways and roads, enhancing the feasibility of its operations.
Foodtastic
Debt Financing in 2022
Foodtastic is a Quebec-based franchisor that operates a diverse portfolio of restaurant concepts, including La Belle et La Boeuf, Carlos & Pepe's, Souvlaki Bar, Nickels, and Bacaro. With over 900 restaurants in its system generating more than $830 million in sales, Foodtastic is a prominent player in the restaurant industry. The company provides a variety of culinary styles and beverages, creating entertaining dining experiences for its customers. Additionally, Foodtastic is expanding its reach internationally, boasting over 100 restaurants outside of Canada.
Entosystem
Venture Round in 2022
Entosystem is a Canadian company based in Sherbrooke, founded in 2016, that specializes in producing insect-based proteins and flour aimed at enhancing the nutritional value of food waste. The company utilizes innovative insect farming technologies to recycle grocery waste, creating high-value insect protein products for the animal nutrition market, particularly for livestock such as fish and poultry. With a commitment to sustainability, Entosystem contributes to the circular agriculture economy by providing eco-friendly options that help reduce food waste while offering nutritious feed alternatives. Currently, the company employs a small team to support its operations.
Dozr
Series B in 2022
Dozr Inc. operates an online platform that connects equipment renters with lenders, facilitating the rental of various types of equipment. This includes earth-moving machinery, agricultural tools, trucks, snow removal equipment, and more specialized items like aerial work platforms and irrigation equipment. The platform serves a diverse clientele, ranging from multinational construction firms to small business owners and farmers. Founded in 2015 and based in Kitchener, Canada, Dozr aims to enhance the equipment rental industry through technology, making it more efficient and accessible. The company has developed a comprehensive online marketplace that allows rental companies to list their idle equipment and enables contractors to easily search and book necessary tools. Additionally, Dozr has launched a beta version of WebStores, which provides rental companies with tailored e-commerce storefronts, further driving the digitization of the equipment rental sector in North America.
KOHO
Series D in 2022
KOHO Financial is a Toronto-based company founded in 2014 that offers an application-based banking platform designed to simplify financial management for users. The platform facilitates day-to-day banking operations while providing a range of tools, including goal setting, cash flow projections, group spending features, and detailed spending insights. These resources enable users to effectively manage their expenses and banking activities from their mobile devices, enhancing their overall financial management experience.
Sierra Wireless
Post in 2022
Sierra Wireless, Inc. is a provider of device-to-cloud Internet of Things (IoT) solutions, primarily operating in North America, Europe, and the Asia Pacific. The company is structured into two main segments: IoT Solutions and Embedded Broadband. The IoT Solutions segment delivers recurring connectivity services, cloud management software, and cellular modules and gateways, while the Embedded Broadband segment focuses on high-speed cellular embedded modules used in various applications, including automotive and mobile computing. Sierra Wireless serves a diverse clientele, including enterprises, industrial firms, and original equipment manufacturers (OEMs), utilizing both direct and indirect distribution channels such as distributors and mobile network operators. Founded in 1993 and headquartered in Richmond, Canada, Sierra Wireless has established itself as a key player in the wireless communication equipment sector, addressing the needs of industrial, commercial, and public safety markets.
Nicoya Lifesciences
Series A in 2021
Nicoya Lifesciences Inc. is a Canadian company based in Kitchener that specializes in developing advanced sensor products for the biotechnology and pharmaceutical industries. Founded in 2012, Nicoya creates instruments designed to analyze biomolecular interactions, including proteins, antibodies, DNA, RNA, and small molecules. Their product lineup includes surface plasmon resonance (SPR) instruments, spectrophotometers, sensor chips, reagents, and accessories, as well as the OpenSPR, a personal label-free biomolecular analysis instrument. In addition to hardware, Nicoya offers software solutions for real-time kinetic analysis, instrument control, and optical peak tracking, enhancing the capabilities of their analytical tools.
Vosker
Debt Financing in 2021
Vosker provides remote area monitoring technology using solar power and artificial intelligence for cutting-edge surveillance solutions. It offers mobile security cameras that operate on 4G/LTE networks and are powered by solar energy, providing surveillance capabilities. These cameras are primarily used in various industries. Vosker was founded in 2018, and headquartered in Victoriaville, Quebec.
General Fusion
Series E in 2021
General Fusion Inc. is a Canadian company focused on the development of commercial Magnetized Target Fusion (MTF), a promising hybrid approach that combines elements of magnetic fusion and inertial confinement fusion. Founded in 2002 and based in Burnaby, the company aims to create utility-scale fusion power plants that can provide clean, safe, and abundant energy. General Fusion is pioneering a patent-pending concept that leverages advancements in MTF, which has seen limited exploration since the 1970s. The company is dedicated to demonstrating and commercializing this innovative energy solution by the end of the decade. It is supported by a network of global energy venture capital firms, industry leaders, and technology innovators, all working to reduce technical risks and accelerate the path to viable fusion energy.
Booxi
Seed Round in 2021
Booxi is a retail-tech company based in Montreal, Quebec, that specializes in an appointment booking platform tailored for retailers. The platform includes a range of features designed to enhance business management, such as Customer Relationship Management (CRM), appointment scheduling, online payment processing, and staff calendar management. By integrating these functionalities, Booxi aims to improve customer experience and streamline operational processes associated with event and appointment management, making it easier for retailers to manage their appointments effectively.
MSP Corp
Funding Round in 2021
MSP Corp focuses on acquiring and partnering with high-performing Managed Service Providers (MSPs) in Canada and the United States. The company aims to enhance these MSPs by providing essential resources, technology, and business support, thereby empowering them to deliver superior services. MSP Corp specializes in cloud computing, cybersecurity, and IT support, offering a range of technology, hardware, and software solutions. Additionally, it manages the financial and operational aspects of its partners to optimize their revenue and overall performance. By fostering collaboration and innovation, MSP Corp seeks to strengthen the capabilities of exceptional MSP teams.
Hydrostor
Venture Round in 2021
Hydrostor Inc. is a company based in Toronto, Canada, that specializes in developing and operating compressed air energy storage systems. Founded in 2010, Hydrostor's technology offers a solution for addressing the electricity system's needs for dispatchable capacity and renewable energy integration. The company's systems provide long-duration, emission-free energy storage, capable of delivering hundreds of megawatts for 4 to 24 hours, making them suitable for both behind-the-meter applications and remote operations, particularly in mines and large industrial facilities. Hydrostor's approach also allows for the repurposing of retired fossil fuel plants and utilizes existing mining infrastructure. The company serves clients primarily in the United States, Australia, and Canada, and has established a strategic partnership with AECOM to enhance its service offerings.
Novamera
Series A in 2021
Novamera Inc. is a Canadian company specializing in the mining of gold, copper, and other ores through an innovative method known as Sustainable Mining by Drilling. This approach targets steeply dipping, narrow vein deposits that are typically deemed uneconomic with conventional extraction techniques. Novamera employs advanced high-resolution subsurface imaging and directional drilling in a two-pass process to accurately determine the physical shape of mineral veins, enhancing drilling precision and efficiency. The company's proprietary software and hardware integrate with traditional mining equipment to create more flexible and cost-effective systems. By focusing on climate-smart, surgical mining practices, Novamera aims to unlock value in mineral deposits that would otherwise remain untapped. The company is headquartered in Mississauga, Canada, with an additional office in Baie Verte.
Introhive
Series C in 2021
Introhive offers a SaaS platform that helps organizations increase revenues and improve customer experience management. Its platform brings relationship intelligence into CRM with data automation and sales acceleration. The company also provides an enterprise relationship management (ERM) solution that helps get relationship insights and boost productivity. It was founded in 2012 by Jody Glidden and Stewart Walchli and is based in Fredericton, New Brunswick.
The GIST
Debt Financing in 2021
The GIST is a media company based in Toronto, Canada, that focuses on providing sports content and community experiences specifically for women. Founded in 2017, the company aims to address the underrepresentation of women in sports discussions by curating and contextualizing sports news. The GIST offers various platforms for engagement, including e-newsletters, daily social media updates, a website, and organized viewing parties. Recognizing the importance of inclusivity in sports conversations, the company seeks to empower underserved fans and foster connections among them. Through its initiatives, The GIST strives to create a more equitable sports culture where diverse voices are heard and valued.
Neurescence
Debt Financing in 2021
Neurescence Inc. is a biotechnology company based in Toronto, Canada, specializing in the development of advanced optical imaging tools for brain diseases and therapeutics. The company offers two types of graded-refractive-index (GRIN) lenses designed for implantation in various regions of the brain and spinal cord, facilitating the transmission of fluorescence signals from neurons to imaging sensors. Additionally, Neurescence has developed Quartet, a miniature fluorescence microscope paired with data collection software optimized for neuronal calcium imaging. This system allows users to capture and analyze neuronal activity, providing time-stamped data for individual neurons. By enabling real-time monitoring of neuronal activities, Neurescence aims to enhance the understanding of brain functions and assist healthcare providers in diagnosing and treating conditions such as Alzheimer's, epilepsy, and depression. Incorporated in 2014, Neurescence continues to innovate in the field of biological imaging.
Solvera Solutions
Debt Financing in 2021
Solvera Solutions is an IT consulting firm based in western Canada that specializes in delivering innovative and value-driven business solutions. The company focuses on developing integrated enterprise systems and mobile applications, utilizing proven processes, open-source technologies, and intranet solutions. By offering services in business analytics and project management, Solvera Solutions enables organizations to achieve customized application development and software integration tailored to their specific needs.
Deeplite
Seed Round in 2021
Deeplite is a Montreal-based company that specializes in optimization software for deep learning applications, focusing on the deployment of deep neural networks (DNN) on both cloud and edge devices. The company's flagship product, Neutrino, utilizes a proprietary AI engine to automatically streamline DNN models, making them smaller, faster, and more energy-efficient. This technology addresses common challenges associated with deep learning, such as the size and speed of models, which can hinder deployment on smaller hardware and impact battery life in devices. Deeplite's solutions are applicable across various sectors, including automotive, smartphones, smart cameras, and IoT devices, thereby enabling efficient AI integration in everyday technology. By leveraging advancements in tinyML and a unique design space exploration approach, Deeplite empowers clients to optimize their AI investments and enhance their deep learning capabilities.
Exact Imaging
Venture Round in 2021
Exact Imaging specializes in high-resolution micro-ultrasound systems aimed at improving real-time imaging and guided biopsies in the urological sector, particularly for prostate cancer. The company's flagship product, the ExactVu system, operates at 29 MHz, providing exceptional resolution that allows for the visualization and targeting of suspicious regions. In addition to enabling precise systematic biopsies, Exact Imaging offers the FusionVu application, which integrates micro-ultrasound with MRI to enhance prostate imaging and biopsy accuracy. Founded in 2003 and headquartered in Markham, Canada, the company was previously known as Imagistx, Inc. before rebranding in 2015.
ClearRisk
Debt Financing in 2021
ClearRisk, Inc. specializes in providing cloud-based software solutions tailored for the insurance industry in North America. Founded in 2006 and based in St. John's, Canada, the company offers three main products: ClearRisk Manager, an online platform that helps organizations develop and implement risk management plans; ClearRisk Tracker, designed for mid-market municipalities to manage insurance claims, exposures, incidents, and policies; and ClearRisk Underwriter, a web application that facilitates automation and collaboration for insurance brokers and underwriters. ClearRisk's solutions enable insurance professionals, including brokers and risk managers, to efficiently organize, analyze, and automate their risk and claims data, ultimately enhancing their risk management capabilities. The company was previously known as Livyer Enterprises Ltd. before rebranding in August 2008.
Budge Studios
Venture Round in 2021
Budge Studios Inc. is a Montreal-based company that develops and publishes children's applications for smartphones and tablets. Founded in 2010, the company offers a diverse portfolio of entertaining and educational apps that feature a mix of original and branded content, including popular characters such as Barbie, Thomas & Friends, and Hello Kitty. Budge Studios aims to create safe and age-appropriate gaming experiences for children, fostering creativity and innovation through its engaging puzzles and games. Additionally, the company runs the Budge Playgroup program, which allows parents to participate in the development of new apps, enhancing the creative process.
Peak Power
Series A in 2021
Peak Power Inc. is a Toronto-based energy storage services provider established in 2015, with operations in New York, New England, and California. The company specializes in intelligent software solutions, notably its flagship platform, Peak Synergy, which optimizes energy management for commercial real estate and industrial clients. By focusing on battery energy storage systems, grid-interactive buildings, and electric vehicles, Peak Power helps customers minimize operational costs, reduce emissions, and participate in energy markets by selling energy back to the grid. The software is designed to enhance existing revenue streams and adapt to evolving market conditions, while the company's services encompass project development, construction, operation, financing, and maintenance. Peak Synergy has been deployed across over 13 million square feet of real estate, managing approximately 150 MWh of combined battery and electric vehicle capacity.
Borrowell
Series C in 2021
Borrowell Inc., founded in 2014 and based in Toronto, Canada, is a financial technology company that specializes in providing credit education and personal financial services. The company offers free credit scores, credit monitoring, and personalized financial product recommendations through its online marketplace-lending platform. Borrowell helps Canadians access various financial products, including personal loans, credit cards, and mortgages, while also providing tools for debt management and financial improvement. By integrating innovative digital solutions such as personalized credit coaching and AI-driven recommendations, Borrowell aims to enhance the financial well-being of its customers and promote responsible borrowing practices.
VEERUM
Series A in 2021
VEERUM is a SaaS provider that applies digital technology to asset ownership, helping our clients build and maintain a better world. VEERUM's Asset Visualization Platform provides stakeholders with the latest tools and information to optimize asset outcomes. VEERUM provides a secure cloud-based web solution enabling data transparency across the entire asset lifecycle. It allows asset stakeholders to view aggregated asset data in the context of a 3D model. All information is available for a total audit history of the asset. We are the simplest and easiest to use solution on the market so you can stay ahead of the competition on your journey to digital adoption. Our clients are accelerating the transition to digital asset ownership, effectively building and maintaining the world’s critical infrastructure. Founded in 2014, VEERUM is a global software provider headquartered in Calgary, Alberta.
Tealbook
Series A in 2021
Tealbook, Inc. is an online supplier knowledge management and procurement platform headquartered in Toronto, Canada. Founded in 2014, the company provides a centralized system that consolidates credible and up-to-date information about suppliers, enabling procurement teams to identify and connect with qualified suppliers. The platform offers a comprehensive view of supplier data, including company details, product offerings, diversity status, and client recommendations. It also integrates with various enterprise resource planning systems and procurement tools, enhancing the visibility and knowledge of preferred suppliers. Tealbook's innovations have garnered industry recognition, such as being included in the CIX Top 20 and the Gartner Cool Vendor list. Through its services, Tealbook aims to improve buyer-supplier relations and streamline the procurement process for enterprises.
Aifred Health
Seed Round in 2020
Aifred Health Inc. is a Montreal-based company that specializes in developing a deep-learning clinical decision support tool aimed at enhancing personalized medicine in psychiatry. Founded in 2017, Aifred Health addresses the longstanding challenges associated with the trial-and-error approach to treatment selection in depression, which is a leading cause of medical impairment. The company's application software features treatment prediction, interpretability, patient data tracking, and electronic patient record capabilities. By processing de-identified data, Aifred's AI model generates tailored therapeutic options for individual patients, enabling clinicians to make more informed decisions among various treatment options that may appear effective at a population level but vary significantly in effectiveness for individuals.
Aya
Seed Round in 2020
Aya Payments, founded in 2018 and based in Toronto, Ontario, specializes in developing payment tools and programs for employee benefits packages. The company has created a healthcare payment platform aimed at simplifying medical payments for users. This platform enables individuals to access, manage, and monitor healthcare costs while offering various financial products, including payment, deposit, lending, and investment options. By focusing on enhancing financial flexibility, Aya Payments strives to alleviate the stress associated with healthcare payments, ultimately improving the overall user experience in managing healthcare expenses.
Local Logic
Series A in 2020
Local Logic is a location intelligence platform based in Montreal, Quebec, that specializes in digitizing the built environment to provide actionable insights for consumers, investors, developers, and governments. By leveraging artificial intelligence and geospatial data, the platform quantifies lifestyle and location characteristics, offering predictive analytics that inform decision-making in the real estate sector. With access to over 75 billion data points, Local Logic supports clients in the $217 trillion real estate market across the US and Canada, providing tools for urban planning and project strategy. The company collaborates with various stakeholders, including commercial real estate, travel, and media firms, to enhance the planning and development of sustainable and equitable urban spaces.
Busbud
Series C in 2020
Busbud is a mobile app and platform that connects passengers to bus operators. It enables its users to search, compare, and book city-to-city bus tickets for any location and from any location. It is a comprehensive source of city-to-city bus schedules and tickets around the world, gathering schedules for over 10463 cities in 89 countries, in 10 languages, and 15 currencies. The app offers a search tool allowing travelers to discover and plan their next bus trip. Busbud was founded by Michael Gradek, LP Maurice, and Frederic Thouin in October 2011. It is headquartered in Montreal City in Québec, Canada.
Effenco
Series B in 2020
Effenco is an autotech company focused on the electrification of heavy-duty vehicles and connected mobility within the transport sector. Established in 2006 and headquartered in Montréal, Quebec, the company has developed the Active-Stop-Start electric hybrid technology, which enhances the energy efficiency of heavy goods vehicles and reduces greenhouse gas emissions by 30%. This innovative system utilizes ultracapacitor-based technology to electrify the propulsion and on-board equipment of vocational trucks. Effenco's solution automatically shuts down the engine when vehicles are stationary, providing electric power to essential systems such as heating, ventilation, and air conditioning. By eliminating engine use during idling, the technology significantly lowers operational costs and environmental impact, making it an attractive option for both existing and new heavy-duty vehicles. Effenco operates in the United States and Europe, leveraging extensive real-world operating data and advanced AI algorithms to support its mission of fostering a sustainable future in the transport industry.
BinSentry
Series A in 2020
BinSentry is an agricultural technology company developing an innovative Internet of Things (IoT) solution which enables feed mills and livestock producers to effectively monitor on-farm inventory, dramatically increasing operational efficiencies. It was founded in 2017 and is based in Kitchener, Canada.
Preciseley Microtechnology
Private Equity Round in 2020
Preciseley Microtechnology Corporation specializes in the design and manufacturing of micro-electromechanical systems (MEMS), particularly focusing on optical micro-mirror products. Founded in 2006 and based in Edmonton, Canada, the company provides a range of devices including tilting, scanning, and piston mirrors, as well as linear and matrix mirrors, optical shutters, and MEMS driver evaluation boards. Their products cater to various applications in telecommunications, datacom, and 3D sensing markets, enabling functionalities such as variable optical attenuation and wavelength selection. Additionally, Preciseley offers MEMS sensors for seismic detection and high-temperature pressure sensing, supporting diverse operational needs. The company emphasizes custom product design to meet the specific requirements of its clients.
SOL Cuisine
Private Equity Round in 2020
Sol Cuisine Inc. is a Canadian company based in Mississauga, established in 1980, that specializes in the production of vegetarian, vegan, halal, gluten-free, and organic frozen and fresh meat alternatives. The company's product range includes items such as fattoush salad, various aioli sauces, vegan maki, vegan poutine, and savory morning swirls. Sol Cuisine aims to create high-quality, delicious foods using local and environmentally sustainable ingredients, providing consumers with nutritious and animal-friendly options that are designed to be superior to both meat-based products and other plant-based alternatives.
Flyscan
Venture Round in 2020
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.
D-Box Technologies
Post in 2020
D-BOX Technologies Inc. is a company that specializes in designing, manufacturing, and marketing advanced motion systems for various markets, including entertainment, simulation, and training. The company’s proprietary D-BOX Motion Code technology synchronizes motion effects with visual content, enhancing the viewer experience. D-BOX offers a range of products, including motion systems for commercial theaters, home theaters, and various industrial applications such as automotive and defense. Its product lineup includes motion seats, controllers, servers, and actuators, which are sold or leased to customers globally. D-BOX’s clientele comprises commercial entertainment centers, original equipment manufacturers, and individual consumers seeking immersive home entertainment experiences. Headquartered in Longueuil, Canada, D-BOX operates across multiple regions, including North America, Europe, and Asia.
Invixium
Series C in 2020
Invixium Inc. is a Canadian company specializing in biometric solutions aimed at enhancing access control, workforce management, and visitor screening for various industries. Established in 2012 and headquartered in Markham, Canada, Invixium designs a range of innovative products, including the Ixm Mycro, Ixm Touch, IXM Titan, IXM Merge, and Ixm Sense, which cater to both residential and industrial environments. These products incorporate advanced technologies such as face recognition, fingerprint tracking, and temperature detection to ensure security and health in workplaces. Invixium's fully integrated hardware and software solutions provide valuable analytics that improve safety and productivity. With a management team boasting over 200 years of collective experience in the biometric access control sector, Invixium's products have been deployed in diverse sectors, including government, healthcare, and education, across more than 60 countries. The company's commitment to quality is reflected in its manufacturing process, with all products proudly made in Canada.
Deeplite
Seed Round in 2020
Deeplite is a Montreal-based company that specializes in optimization software for deep learning applications, focusing on the deployment of deep neural networks (DNN) on both cloud and edge devices. The company's flagship product, Neutrino, utilizes a proprietary AI engine to automatically streamline DNN models, making them smaller, faster, and more energy-efficient. This technology addresses common challenges associated with deep learning, such as the size and speed of models, which can hinder deployment on smaller hardware and impact battery life in devices. Deeplite's solutions are applicable across various sectors, including automotive, smartphones, smart cameras, and IoT devices, thereby enabling efficient AI integration in everyday technology. By leveraging advancements in tinyML and a unique design space exploration approach, Deeplite empowers clients to optimize their AI investments and enhance their deep learning capabilities.
Symend
Series B in 2020
Symend Inc. is a company that specializes in debt recovery solutions through its innovative software platform. Established in 2016 and headquartered in Calgary, Canada, with additional offices in Toronto and Denver, Symend focuses on enhancing the debt collection process by utilizing automation, predictive analytics, and behavioral science. The platform aims to minimize debt delinquency while ensuring a positive experience for all stakeholders. It offers tools for treatment planning, campaign management, and self-service options, allowing businesses in sectors such as financial services, telecommunications, and utilities to engage customers effectively. By creating personalized interactions, Symend empowers individuals to manage their debts through flexible repayment options, ultimately fostering better financial outcomes and strengthening customer relationships.
Zetane
Debt Financing 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.
Tealbook
Seed Round in 2020
Tealbook, Inc. is an online supplier knowledge management and procurement platform headquartered in Toronto, Canada. Founded in 2014, the company provides a centralized system that consolidates credible and up-to-date information about suppliers, enabling procurement teams to identify and connect with qualified suppliers. The platform offers a comprehensive view of supplier data, including company details, product offerings, diversity status, and client recommendations. It also integrates with various enterprise resource planning systems and procurement tools, enhancing the visibility and knowledge of preferred suppliers. Tealbook's innovations have garnered industry recognition, such as being included in the CIX Top 20 and the Gartner Cool Vendor list. Through its services, Tealbook aims to improve buyer-supplier relations and streamline the procurement process for enterprises.
WeCook - Repas WeCook
Venture Round in 2020
Founded in 2013, WeCook Meals (formerly Nutrition Fit Plus) is a leader in home meal delivery, offering a wide range of tasty, balanced and personalized healthy meals made with fresh produce and meat, and healthy snacks. Subscribers can order from a diversified weekly menu. The Dorval-based company has over 450 employees serving Québec and Ontario.
SuccessFinder
Venture Round in 2019
SuccessFinder is a technology company that specializes in human resources. Through its cloud-based talent assessment and career success prediction platform, Success Finder leverages relevant predictive analytics powered by algorithms. This platform makes decisions across the employee lifecycle, from recruiting to development, performance, and succession. SuccessFinder can predict career satisfaction based on discriminating factors like human behavior and competencies. It was founded on 2017 and is headquartered in Montréal, Quebec.
General Fusion
Series E in 2019
General Fusion Inc. is a Canadian company focused on the development of commercial Magnetized Target Fusion (MTF), a promising hybrid approach that combines elements of magnetic fusion and inertial confinement fusion. Founded in 2002 and based in Burnaby, the company aims to create utility-scale fusion power plants that can provide clean, safe, and abundant energy. General Fusion is pioneering a patent-pending concept that leverages advancements in MTF, which has seen limited exploration since the 1970s. The company is dedicated to demonstrating and commercializing this innovative energy solution by the end of the decade. It is supported by a network of global energy venture capital firms, industry leaders, and technology innovators, all working to reduce technical risks and accelerate the path to viable fusion energy.
Altitude-Sports.com
Venture Round in 2019
Altitude-sports.com sells its products around the world. It is the first online outdoor retailer in Canada; e-commerce has barely taken off at this stage. The website becomes renowned thanks to people searching for extremely specific products often difficult to find in brick and mortar stores. Large sizes, technical mountaineering equipment and colors stores are too scared to carry are the brunt of the business.
Intelligent City
Debt Financing in 2019
Intelligent City Inc., founded in 2008 and based in Vancouver, Canada, specializes in the design and construction of urban housing. The company has developed a technology-enabled building platform aimed at addressing critical urban challenges such as affordability and sustainability. Its approach integrates various stages of construction—design, architecture, engineering, and fabrication—into a cohesive system. By leveraging principles of mass customization, Intelligent City combines the flexibility of personalized products with the cost-effectiveness of mass production. The company focuses on mass timber building services and employs advanced techniques, including passive house performance and automated manufacturing, to create housing solutions that are environmentally sustainable, socially responsible, and long-lasting.
Nix Sensor
Venture Round in 2019
Nix Sensor Ltd. specializes in developing digital color sensing equipment, particularly the Nix color sensor and accompanying application. Founded in 2012 and based in Hamilton, Canada, the company provides a solution that allows users to easily scan objects and obtain precise color data, which can be saved, shared, and compared through their smartphones. This technology caters to a wide range of professionals, including interior decorators, graphic designers, and artists, enabling them to streamline their color selection processes and manage their preferred shades effectively. Nix's portable spectrophotometers work seamlessly with their software, eliminating the need for traditional, manual color measurement methods. The company operates globally, serving various industries such as paint, cosmetics, and manufacturing.
Zymeworks
Post in 2019
Zymeworks Inc. is a clinical-stage biopharmaceutical company based in Vancouver, Canada, focused on the discovery, development, and commercialization of innovative biotherapeutics primarily for cancer treatment. The company's lead candidates include ZW25, a bispecific antibody undergoing Phase I and II clinical trials for various cancers such as biliary tract and gastroesophageal adenocarcinomas, and ZW49, a bispecific antibody-drug conjugate in Phase I trials targeting advanced or metastatic HER2-expressing cancers. Zymeworks utilizes a combination of proprietary molecular modeling, simulation software, and high-performance computing to optimize therapeutic antibodies and other protein-based treatments. The company has established strategic partnerships with several leading pharmaceutical firms, including Merck, Eli Lilly, and Bristol-Myers Squibb, among others, to enhance its research and development efforts. Additionally, Zymeworks is advancing a preclinical pipeline that includes candidates for oncology and other therapeutic areas, reflecting its commitment to addressing unmet medical needs.
Sofdesk
Series B in 2019
Sofdesk Inc. is a software company based in Montreal, Canada, that specializes in developing sales acceleration solutions for the solar, roofing, and utilities sectors. Founded in 2013, the company provides intuitive web applications designed to help small to medium-sized businesses enhance their infrastructure and scale operations. Its flagship products include SolarGraf, which assists solar installers in managing leads and proposals, and RoofGraf, tailored for roofing companies to streamline their business development efforts. By offering centralized and user-friendly tools, Sofdesk aims to reduce operational costs and improve efficiency in these industries.
Relogix
Series A in 2019
Relogix Inc., founded in 2010 and based in Ottawa, Canada, specializes in developing sensor-based devices for monitoring and tracking unused office spaces. The company offers a comprehensive solution that includes UtiLive, a system utilizing space tracking sensors and a machine learning analytics engine for data analysis. Relogix operates on a sensor-as-a-service model, which encompasses floor planning, deployment of sensor devices, and ongoing monitoring through a cloud-based application. The company's offerings are designed to support large enterprises and commercial real estate portfolios, enabling clients to make informed, data-driven decisions regarding their real estate strategies. Relogix's innovative workplace insights platform, Conexus, and advanced IoT occupancy sensors aim to enhance the workplace experience and optimize real estate utilization.
Element AI
Series B in 2019
Element AI Inc. is an artificial intelligence company that provides solutions for organizations seeking to leverage AI and machine learning technologies. Founded in 2016 and headquartered in Montreal, Canada, with an additional office in Toronto, the company operates an AI as a Service (AIaaS) platform, allowing businesses to launch and incubate AI solutions in collaboration with large corporations. Element AI focuses on delivering AI software products that enhance decision-making and operational efficiency across various sectors, including insurance, banking, manufacturing, logistics, retail, and consumer packaged goods. The company emphasizes research and development, maintaining strong ties to academia, and engages in policy discussions regarding the societal impacts of technology. Through its offerings, Element AI aims to help clients unlock insights, accelerate the adoption of AI, and improve overall business performance with explainable solutions.
Repare Therapeutics
Series B in 2019
Repare Therapeutics Inc. is a precision oncology company based in Montréal, Canada, specializing in the discovery and development of novel therapeutics through a synthetic lethality approach. Utilizing its proprietary SNIPRx platform, which combines genome-wide and CRISPR-enabled technology, the company systematically identifies targeted cancer therapies addressing genomic instability, particularly in DNA damage repair. Its lead candidate, RP-3500, is an oral small molecule inhibitor designed to treat solid tumors with specific DNA damage repair-related genomic alterations. Additionally, Repare is advancing a CCNE1-SL inhibitor program targeting tumors with CCNE1 amplification, along with a Polymerase Theta program focused on BRCA mutations and related genomic alterations. Founded in 2016, the company aims to improve cancer treatment by leveraging innovative drug discovery methods and addressing the unique vulnerabilities of tumor cells.
CSS Group
Debt Financing in 2019
CSS Group is a newly formed holding company enagaged in providing field services to Canadian government organizations.
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 that reflect the resources of 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 both Percé and Montreal, providing venues for patrons to enjoy their products. The establishment includes a shop for purchasing bottled beers and a patio that allows visitors to savor their brews by the sea. The company currently employs 37 people, contributing to the local economy and community.
ReelData AI
Seed Round in 2019
ReelData provides a suite of artificial intelligence and automation products that allow land-based fish farms to increase production volumes while decreasing risk and wasted resources. It also provides reliable, accurate monitoring, analysis, and optimized automation working with each farm 1-on-1 to increase operational efficiency, save costs, grow fish faster, and reduce risks.
Invixium
Series B in 2019
Invixium Inc. is a Canadian company specializing in biometric solutions aimed at enhancing access control, workforce management, and visitor screening for various industries. Established in 2012 and headquartered in Markham, Canada, Invixium designs a range of innovative products, including the Ixm Mycro, Ixm Touch, IXM Titan, IXM Merge, and Ixm Sense, which cater to both residential and industrial environments. These products incorporate advanced technologies such as face recognition, fingerprint tracking, and temperature detection to ensure security and health in workplaces. Invixium's fully integrated hardware and software solutions provide valuable analytics that improve safety and productivity. With a management team boasting over 200 years of collective experience in the biometric access control sector, Invixium's products have been deployed in diverse sectors, including government, healthcare, and education, across more than 60 countries. The company's commitment to quality is reflected in its manufacturing process, with all products proudly made in Canada.
Nicoya Lifesciences
Venture Round in 2019
Nicoya Lifesciences Inc. is a Canadian company based in Kitchener that specializes in developing advanced sensor products for the biotechnology and pharmaceutical industries. Founded in 2012, Nicoya creates instruments designed to analyze biomolecular interactions, including proteins, antibodies, DNA, RNA, and small molecules. Their product lineup includes surface plasmon resonance (SPR) instruments, spectrophotometers, sensor chips, reagents, and accessories, as well as the OpenSPR, a personal label-free biomolecular analysis instrument. In addition to hardware, Nicoya offers software solutions for real-time kinetic analysis, instrument control, and optical peak tracking, enhancing the capabilities of their analytical tools.
Lynx Equity
Venture Round in 2019
Lynx Equity Limited is a private equity firm founded in November 2007 and headquartered in Toronto, Canada, with additional offices in San Diego, California, and Calgary, Canada. The firm specializes in management buyouts, recapitalizations, and growth capital investments in small to medium-sized enterprises, primarily targeting companies in North America, particularly in Ontario and Western Canada. Lynx Equity focuses on sectors such as manufacturing, business services, financial services, industrial products, food, clean energy, and consumer products. The firm typically invests between CAD $200,000 and CAD $8 million per transaction in companies with enterprise values ranging from CAD $1 million to CAD $10 million and revenues not exceeding CAD $25 million. Lynx Equity usually seeks to acquire a 100% stake in its portfolio companies, holding investments for three to five years, and structures its investments as a combination of debt and equity. The firm emphasizes transactions involving retiring entrepreneurs looking to transition their businesses.
Cognibox
Private Equity Round in 2019
Cognibox specializes in risk management and contractor compliance software, providing a comprehensive platform for supplier qualification and contractor management. Founded in 1972 and headquartered in Shawinigan, Canada, the company offers a Software as a Service (SaaS) solution that facilitates the entire contractor qualification process, including the search for potential suppliers, pre-qualification, evaluation, verification, and ongoing monitoring. Cognibox serves various industries, such as Aerospace, Mining, Metallurgy, Agriculture and Food, and Forest and Paper. In addition to its software platform, the company provides consulting services, e-learning training, and contractor support, ensuring that clients have access to the most current data and best practices for managing their supplier relationships.
Eigen Innovation
Series A in 2019
Eigen Innovations Inc. specializes in developing quality inspection and process control solutions for industrial manufacturers. Founded in 2012 and based in Fredericton, Canada, the company offers a vision analytics platform called Intellexon, which learns from operators to optimize machine settings. Additionally, Eigen provides a solution that captures video and sensor data from manufacturing processes, analyzing it with Intellexon software. This technology is applicable across various industries, including automotive, food processing, construction materials, and mining. By utilizing Eigen's integrated inspection solutions, manufacturers can create AI-inspection models that facilitate part-over-part inspections and generate standardized digital records for every product. The company's OneView software enables factory teams to automate processes and analyze data to identify and reduce defects, ultimately enhancing production efficiency and effectiveness.
Strato Automation
Venture Round in 2019
Based in the heart of Montreal, Strato Automation’s mission is to develop and market the most simple, open and smart building control products on the market, to benefit building owners and their occupants.
Avidbots Corp.
Series B in 2019
Avidbots Corp. is a Canadian company founded in 2014 that specializes in developing and manufacturing autonomous commercial floor cleaning robots. Its flagship product, NEO, is an advanced scrubbing robot designed to enhance cleaning efficiency in various environments, including airports, retail malls, hospitals, colleges, industrial sites, museums, and warehouses across multiple countries. Avidbots' robots utilize laser mapping technology to create detailed maps of their surroundings, enabling them to plan and execute optimal cleaning paths. The company's vision is to integrate robotics into everyday life, thereby expanding human potential through innovative cleaning solutions.
Bridgit
Series A in 2019
Bridgit Inc. is a Canadian company that specializes in developing construction project management solutions. Founded in 2014 and headquartered in Kitchener, Bridgit offers two primary products: Bridgit Bench, a workforce management and resource planning tool, and Bridgit Field, which focuses on inspection, task, and communication management. The company's mission is to enhance profitability in the construction industry through a people-first approach, transforming workforce data into actionable insights that support strategic and tactical decision-making. Bridgit serves a range of clients, including major construction firms such as Skanska and Balfour Beatty. The company has successfully raised over $35 million in equity financing from various investors, including Autodesk and Salesforce Ventures, enabling it to expand its offerings and support contractors and developers in managing their operations more efficiently.
Hortau
Venture Round in 2019
Hortau Inc. is a Canadian company specializing in wireless and web-based irrigation management systems, founded in 2002 by experts in agronomy and soil physics. The company designs and manufactures advanced irrigation solutions, including the WEB-TX4 Field Monitoring Stations, which collect vital soil and weather data, and the 1k Extended Range Sensor, a tensiometer that aids growers in managing irrigation in arid conditions. Hortau also offers Field Control Units for remote operation of irrigation valves and engines, alongside Irrolis, a cloud-based software that provides real-time data analysis for agricultural operations. Additionally, the company produces various sensors for soil tension and environmental conditions, as well as comprehensive Weather Stations to monitor climatic factors affecting crop health. With operations in the United States and a focus on enhancing crop production while reducing water and energy use, Hortau aims to support farmers in optimizing yield and productivity.
Nuvyyo
Series B in 2019
Nuvyyo Inc., founded in 2010 and based in Kanata, Canada, specializes in electronic solutions that enhance the home media experience for consumers in the U.S. and Canada. The company is best known for its Tablo product, launched in 2014, which is the first app-enabled digital video recorder (DVR) designed for over-the-air (OTA) television. Tablo enables users to discover, watch, and record free HDTV from their antenna on various devices, providing flexibility and accessibility for viewing. Additionally, Nuvyyo offers JetStreamHD, a mobile media solution that streams live TV, videos, songs, and photos to iPads, along with a Mobile Media Adapter that facilitates connectivity to home networks. The company's products are available online and through application stores, catering to a growing audience seeking innovative media solutions.
k-eCommerce
Seed Round in 2019
k-eCommerce specializes in providing integrated eCommerce solutions tailored for Microsoft Dynamics and SAP, enhancing both business-to-business (B2B) and business-to-consumer (B2C) engagement. Founded in 2001 and headquartered in Laval, Canada, the company offers a variety of services, including online payment processing and web design, alongside features for customer service, online marketing, and content management. Its solutions can be deployed either on demand or on-premise, catering to diverse business needs. k-eCommerce aims to simplify and accelerate online sales while automating various business operations, thereby assisting companies in expanding their market reach. The company serves clients across multiple countries, including Germany, Australia, and Britain, and operates as a subsidiary of Mediagrif Interactive Technologies Inc. since November 2013.
NanoXplore
Post in 2019
NanoXplore Inc. is a graphene company that specializes in the manufacture and supply of high-volume graphene powder for industrial applications. Founded in 2011 and headquartered in Montréal, Canada, the company operates production facilities in both Canada and Switzerland. NanoXplore offers a variety of graphene-based solutions, including GrapheneBlack powder and heXo-G graphene-plastic masterbatch pellets, as well as customized graphene-enhanced plastic and composite products. These offerings cater to various sectors such as transportation, packaging, and electronics. With a strong foundation in carbon chemistry, NanoXplore aims to enhance the performance of its customers' products through innovative graphene technologies.
NanoXplore
Post in 2019
NanoXplore Inc. is a graphene company that specializes in the manufacture and supply of high-volume graphene powder for industrial applications. Founded in 2011 and headquartered in Montréal, Canada, the company operates production facilities in both Canada and Switzerland. NanoXplore offers a variety of graphene-based solutions, including GrapheneBlack powder and heXo-G graphene-plastic masterbatch pellets, as well as customized graphene-enhanced plastic and composite products. These offerings cater to various sectors such as transportation, packaging, and electronics. With a strong foundation in carbon chemistry, NanoXplore aims to enhance the performance of its customers' products through innovative graphene technologies.
Orium
Venture Round in 2019
North America’s leading composable commerce consultancy and systems integrator, we work with best-in-class technology partners to set strong composable commerce foundations today that can support how brands serve their customers across channels in the future. Orium was founded in 2009 and is headquartered in Toronto, Ontario.
Groupe JLD Laguë
Private Equity Round in 2019
JLD - Laguë is a distributor of agricultural, commercial, and construction equipment in Quebec and Ontario. The company supplies a wide range of machinery, including tractors, mowers, forage harvesters, combine harvesters, balers, snowblowers, and various types of utility vehicles. In addition to equipment distribution, JLD - Laguë offers financing services to help clients acquire heavy trucks and related parts. The company distinguishes itself from competitors by actively pursuing innovative technological advancements to enhance its product offerings, ensuring that it meets the diverse needs of its customers in agricultural, snow removal, landscaping, and maintenance sectors.
H2O Innovation
Post in 2018
H2O Innovation Inc. is a Canadian company specializing in integrated water treatment solutions utilizing membrane filtration technology. It operates through three primary segments: Water Technologies and Services, Specialty Products, and Operation and Maintenance Services. The company provides systems and equipment for producing drinking and industrial process water, as well as for the reclamation, reuse, and desalination of water. In addition to offering membrane filtration systems and spare parts, H2O Innovation supplies specialty chemicals such as antiscalants, cleaners, and coagulants. The company also provides a range of services, including operation and maintenance for water treatment facilities, public works services, and construction for water and sewer lines. Its innovative technologies, such as Intelogx for data analysis and Clearlogx for automation, enhance the efficiency of water treatment processes. Founded in 2000 and headquartered in Quebec City, H2O Innovation has established itself as a leader in the water treatment industry, continuously expanding its market presence through a comprehensive range of products and services.
Angiochem
Series C in 2018
AngioChem Inc. is a clinical-stage biotechnology company based in Montreal, Canada, focused on discovering and developing innovative peptide drug conjugates aimed at treating neurological diseases. The company specializes in overcoming the challenges posed by the blood-brain barrier, using its proprietary EPiC platform, which employs a receptor-based approach to facilitate drug delivery to the central nervous system. AngioChem's product pipeline includes ANG1005, a taxane derivative designed to target brain cancer cells, and ANG4043, an anticancer therapy for breast cancer metastases in the brain. Additionally, the company develops peptide antibody conjugates and neurotensin derivatives for managing pain, as well as treatments for lysosomal storage diseases. Founded in 2003, AngioChem is committed to addressing significant medical needs in the realm of CNS disorders.
TouchBistro
Series D in 2018
TouchBistro, Inc. develops an iPad-based point of sale (POS) solution tailored for restaurants, cafes, bars, and food trucks. Founded in 2010 and headquartered in New York with an additional office in Toronto, the company offers various POS systems, including those specifically designed for food trucks, bars, and coffee shops. These systems enable efficient order management by allowing servers to take orders and submit them directly to the kitchen without returning to a terminal, thereby reducing errors and enhancing service speed. TouchBistro also provides features such as a reservation management platform, cloud reporting and analytics, and customer-facing displays, all aimed at improving the dining experience and operational efficiency. The software is available through the Apple App Store in the United States and internationally, making it accessible for a wide range of food and drink venues.
Keatext
Seed Round in 2018
Keatext Inc. is a Montreal-based company that offers a cloud-based text analytics platform designed to enhance business performance by analyzing customer feedback from various sources. Established in 2010, Keatext utilizes artificial intelligence and natural language processing to synthesize large volumes of unstructured data, such as open-survey responses, online reviews, chat logs, and social media posts. The platform provides clients with actionable insights through a comprehensive dashboard, enabling them to understand customer sentiments and identify key areas for improvement. By delivering instant clarity on customer preferences and needs, Keatext empowers businesses to cultivate meaningful relationships with their customers and respond effectively to their feedback.
REPerformance
Seed Round in 2018
REPerformance is a fitness platform dedicated to empowering individuals, particularly youth athletes, to excel in both sports and life through tailored health plans and fitness resources. Founded with the goal of addressing the stark drop-off in youth sports participation, the company offers a range of services including workout builders, analytics, self-assessments, and yoga information. Located within a university recreation center in Canada, REPerformance fosters a workplace culture where all employees actively engage in sports and fitness, enhancing their commitment to customer service and community involvement. The company has also collaborated with prominent organizations, such as Canada's largest sports and entertainment company, to create unique experiences for youth sports fans. By promoting personal growth and fitness education, REPerformance aims to support users in achieving their health and fitness goals.
Trip Ninja
Pre Seed Round in 2017
Trip Ninja Inc. is a travel management platform based in Halifax, Canada, that specializes in optimizing multi-destination trip planning. Founded in 2015, the company offers a user-friendly application that allows travelers to search for and compare various trip routes, focusing on minimizing costs while maximizing convenience. Trip Ninja serves both consumers directly through its website and businesses via an API, making it a versatile tool for travel agencies. By employing a sophisticated algorithm, the platform efficiently calculates and suggests optimal travel plans, empowering users to make informed decisions when booking their trips.
SpherePlay
Venture Round in 2017
SpherePlay creates, delivers, and monetizes VR experiences across all platforms. Its solution is a suite of VR media players that enables broadcasters, publishers and commercial content distributors to integrate virtual reality experiences to their existing media distribution workflow via their own apps and websites. The company was founded in 2014 and is headquartered in Montréal, Quebec.
Transit
Series A in 2017
Transit is a mobile app intended to help its users navigate their cities. Transit simplifies local travel in 125 cities worldwide. Upon launch, the bright, intuitive interface shows all nearby transportation options and departures. Users can plan trips, set reminders, and get notifications about disruptions. Plus, Transit also integrates other sustainable transport modes -- bike sharing, car sharing and Uber -- so users can determine the best way to get from A to B. With millions of active users in the US and Canada, Transit has emerged as the leading urban transit app in North America. The company is based in Montreal, Quebec.
Assent
Series B in 2017
Assent Compliance Inc. specializes in providing compliance software and data management solutions aimed at assisting manufacturers with product compliance, trade compliance, and sustainability management. Its offerings include a suite of tools such as Global Product Regulatory Software, Environmental Compliance Software, and Custom Compliance Survey Software, which facilitate the management of compliance portfolios, environmental regulations, and supplier communication. The company also features Inspection Software that enables the creation of custom compliance forms. Additionally, Assent provides services like regulatory compliance consulting, data procurement, and support for ethical supply chain initiatives. Founded in 2005 and headquartered in Ottawa, Canada, Assent is dedicated to helping businesses navigate complex regulatory environments while promoting responsible and sustainable practices within their supply chains.
Element AI
Series A in 2017
Element AI Inc. is an artificial intelligence company that provides solutions for organizations seeking to leverage AI and machine learning technologies. Founded in 2016 and headquartered in Montreal, Canada, with an additional office in Toronto, the company operates an AI as a Service (AIaaS) platform, allowing businesses to launch and incubate AI solutions in collaboration with large corporations. Element AI focuses on delivering AI software products that enhance decision-making and operational efficiency across various sectors, including insurance, banking, manufacturing, logistics, retail, and consumer packaged goods. The company emphasizes research and development, maintaining strong ties to academia, and engages in policy discussions regarding the societal impacts of technology. Through its offerings, Element AI aims to help clients unlock insights, accelerate the adoption of AI, and improve overall business performance with explainable solutions.
WebsiteBox
Debt Financing in 2017
WebsiteBox is a Toronto-based technology firm that specializes in providing comprehensive real estate websites for a one-time fee of $99, positioning itself as the most affordable option in the market. The company supports IDX integration with 265 multiple-listing-service boards across the United States and Canada, catering to over 10,000 real estate professionals. Its services include mobile-friendly website design, search engine optimization, customized content tailored to specific real estate niches, lead capture tools, and cloud hosting. Additionally, WebsiteBox offers backup integration with MLS data, analytics, online marketing tools, and live support, enabling real estate professionals to enhance their online presence and effectively grow their businesses.
Wherego
Debt Financing in 2017
Wherego helps Chinese travelers discover and enjoy Canada as a Chinese-friendly destination. Over 750k Chinese tourists are projected to visit Canada in 2017, growing at 23% growth rate. Traditionally they traveled in groups, travel by bus and takes a lot of pictures in landmarks. However, with the rise of middle- and upper- class in China, they are more willing to spend money on a memorable and unique experience in Canada. The company offers a mobile platform for Chinese tourists to discover, plan and purchase their itineraries. Supported by AI technology, Wherego recommends the best options for the itineraries.
Soundbite Medical Solutions
Seed Round in 2016
Soundbite Medical Solutions Inc. is a cardiovascular medical technology company based in Montreal, Canada, established in 2013. The company specializes in the development and commercialization of a proprietary wire-based device and generator console that delivers safe shockwave energy within the cardiovascular system. This technology is specifically designed to treat chronic total occlusions (CTOs), which are blockages in the arteries that can lead to serious health issues. Soundbite Medical Solutions targets patients suffering from peripheral artery disease (PAD) and coronary artery disease (CAD), conditions that affect millions of individuals in the United States. By focusing on innovative solutions for vessel preparation, the company aims to enhance treatment options for these prevalent cardiovascular diseases.
Mosaic Manufacturing
Seed Round in 2016
Mosaic Manufacturing Ltd., established in 2014 and headquartered in Toronto, Canada, specializes in 3D printing technology that enhances the capabilities of 3D printers. The company develops hardware and software solutions that enable the integration of multiple filaments into a single strand, allowing users to print complex, functional objects without the need for extensive modifications or additional equipment. Mosaic's patented multi-material 3D printing technology supports flexible manufacturing processes and mass customization, helping industries create high-quality products on-demand. By providing a comprehensive ecosystem of additive manufacturing solutions, Mosaic aims to make manufacturing more sustainable and resilient, transforming traditional polymer supply chains for leading companies.
Strongpoint
Debt Financing in 2016
Strongpoint provides companies with Netsuite and Salesforce to manage change in their systems, enabling them to drive growth with confidence and certainty.
Assent
Series A in 2016
Assent Compliance Inc. specializes in providing compliance software and data management solutions aimed at assisting manufacturers with product compliance, trade compliance, and sustainability management. Its offerings include a suite of tools such as Global Product Regulatory Software, Environmental Compliance Software, and Custom Compliance Survey Software, which facilitate the management of compliance portfolios, environmental regulations, and supplier communication. The company also features Inspection Software that enables the creation of custom compliance forms. Additionally, Assent provides services like regulatory compliance consulting, data procurement, and support for ethical supply chain initiatives. Founded in 2005 and headquartered in Ottawa, Canada, Assent is dedicated to helping businesses navigate complex regulatory environments while promoting responsible and sustainable practices within their supply chains.
Aterlo Networks
Seed Round in 2016
Aterlo Networks is focused on the development of networking products for internet and streaming media users. It offers its solutions for ISPs and content providers; maritime, energy, and mining sectors; and work camps. Aterlo Networks was founded in 2014 and is based in Kitchener, Ontario.
Invixium
Series A in 2016
Invixium Inc. is a Canadian company specializing in biometric solutions aimed at enhancing access control, workforce management, and visitor screening for various industries. Established in 2012 and headquartered in Markham, Canada, Invixium designs a range of innovative products, including the Ixm Mycro, Ixm Touch, IXM Titan, IXM Merge, and Ixm Sense, which cater to both residential and industrial environments. These products incorporate advanced technologies such as face recognition, fingerprint tracking, and temperature detection to ensure security and health in workplaces. Invixium's fully integrated hardware and software solutions provide valuable analytics that improve safety and productivity. With a management team boasting over 200 years of collective experience in the biometric access control sector, Invixium's products have been deployed in diverse sectors, including government, healthcare, and education, across more than 60 countries. The company's commitment to quality is reflected in its manufacturing process, with all products proudly made in Canada.
Spring Loaded
Grant in 2015
Spring Loaded Technology Inc. designs and manufactures innovative bionic knee braces aimed at enhancing mobility and reducing pain for various users. The company's flagship product, the Levitation knee brace, is the first compact device of its kind that improves leg muscle power output, making it beneficial for athletes and individuals with knee injuries or mobility impairments. The product line includes specialized models such as the UpShot tactical knee brace, designed to prevent injuries during intense activities, and the Levitation Ski knee brace, which helps reduce muscle fatigue and joint pain for skiers. These braces cater to a wide range of activities, including weight lifting, running, cycling, and various skilled trades, supporting those with conditions like osteoarthritis and knee injuries. Established in 2012 in Dartmouth, Canada, Spring Loaded sells its products online, focusing on enhancing performance and restoring mobility for its users.
Quartz Co.
Private Equity Round in 2015
Quartz Co. designs and manufactures insulated winter coats for both men and women, along with accessories such as scarves, woolen hats, and bags. The company caters to a diverse international market, selling its products in countries including France, Germany, Japan, Russia, Hong Kong, South Korea, Norway, the United States, Canada, and Switzerland. Established in 1997 and based in Montreal, Canada, Quartz Co. was originally known as Quartz Nature Inc. before rebranding in 2015. The company emphasizes creating modern outerwear that blends timeless design with high performance and sustainable practices, targeting consumers who embrace an active northern lifestyle.
Budge Studios
Private Equity Round in 2015
Budge Studios Inc. is a Montreal-based company that develops and publishes children's applications for smartphones and tablets. Founded in 2010, the company offers a diverse portfolio of entertaining and educational apps that feature a mix of original and branded content, including popular characters such as Barbie, Thomas & Friends, and Hello Kitty. Budge Studios aims to create safe and age-appropriate gaming experiences for children, fostering creativity and innovation through its engaging puzzles and games. Additionally, the company runs the Budge Playgroup program, which allows parents to participate in the development of new apps, enhancing the creative process.
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