Desjardins Capital
Desjardins Capital is a private equity and venture capital firm based in Québec, Canada, and is a part of the Mouvement des caisses Desjardins. The firm specializes in investing in a variety of sectors, including healthcare, industrial technology, food, retail, and manufacturing. Its investment focus includes startups and companies at various growth stages, providing both equity and debt financing. Desjardins Capital targets businesses with significant growth potential, particularly those with proprietary intellectual property and a strong presence in Québec. The firm typically invests between $0.09 million and $24.22 million in equity, as well as offering loans ranging from $0.09 million to $484 million. In addition to traditional investments, it supports cooperatives and worker shareholder cooperatives, emphasizing sustainable growth and community development. Desjardins Capital has a history of fostering regional economic prosperity and aims to make a positive impact on the communities it serves.
Qohash Inc. is a Quebec City-based company that specializes in data security solutions through its online platform, Qostodian. Founded in 2018, Qohash offers a comprehensive suite of services that includes data discovery, integrity assurance, and threat detection and reporting. The platform is designed to help organizations monitor employee behavior and mitigate the risk of insider data breaches, which often take significant time to contain. By providing real-time alerts for risky activities, Qohash empowers businesses to act swiftly to prevent potential data breaches. Additionally, the platform supports compliance efforts by enabling entitlement reviews, exporting access control lists, and monitoring endpoints, making it suitable for sectors that require stringent data protection measures.
LeddarTech Inc. specializes in advanced detection and ranging systems using time-of-flight measurement technology with infrared LEDs. The company offers a range of smart sensor modules, including single-element and multi-element systems tailored for various applications, such as industrial, traffic management, and smart home solutions. LeddarTech's technology is particularly focused on enhancing advanced driver assistance systems (ADAS) and autonomous driving by providing perception solutions that integrate data from various sensor types, including cameras and radar. Their flagship platform, LeddarVision™, facilitates the creation of comprehensive 3D environmental models, addressing critical challenges in environmental sensing and perception. With over 140 patents granted or pending, LeddarTech is committed to innovation in the automotive sector, serving original equipment manufacturers (OEMs) and automotive suppliers to accelerate development cycles and improve time-to-market. Founded in 2007 and based in Quebec City, Canada, the company also maintains a research and development office in Toronto.
Korbit Technologies
Series A in 2023
Korbit Technologies, founded in 2018 and headquartered in Montreal, Canada, is focused on revolutionizing education through its AI-powered tutor, Korbi. This intelligent platform offers personalized learning experiences by adapting to each student's unique profile, providing interactive exercises, quizzes, visual diagrams, and real-time feedback. Korbi aims to enhance learning outcomes and motivation for students by delivering targeted pedagogical support in areas such as data science and artificial intelligence. The company also offers a free machine learning course and serves a diverse clientele, including students, educators, and corporations. With nearly 20,000 learners benefiting from its training programs, Korbit has gained recognition as one of the top AI startups globally, supported by partnerships with institutions like Mila, and has received media coverage from prominent outlets such as the New York Times and Forbes.
MY01 Inc. is a Montreal-based company that designs and develops a digital medical device specifically for measuring muscle pressure, which is critical for diagnosing Acute Compartment Syndrome (ACS). Founded in 2015, MY01 focuses on providing real-time and accurate measurements that enable timely clinical decisions. The company's sensor technology utilizes capacitive pressure sensors featuring a stable vacuum reference and advanced coating materials, ensuring tailored sensing capabilities. This innovative approach enhances the sensitivity and specificity of ACS diagnostics, equipping medical professionals with essential tools for effective patient care.
Puzzle Medical Devices
Series A in 2023
Puzzle Medical Devices Inc., founded in 2018 and based in Montreal, Canada, focuses on developing innovative heart pump technologies for treating advanced heart failure. The company's flagship product, the ModulHeart, is a modular percutaneous heart pump designed to reduce cardiac afterload and enhance renal perfusion in patients who are not candidates for heart transplant or surgical mechanical circulatory support. Its unique design allows for multiple pumps to be anchored in parallel within the descending aorta, facilitating hemodynamic support while minimizing risks associated with traditional procedures, such as bleeding and stroke. The ModulHeart aims to improve patient outcomes by providing sustained symptom relief, reducing hospital readmissions, and enhancing overall quality of life. Puzzle Medical has made significant progress, including completing its first-in-human study with positive results in cardiac and kidney function, receiving FDA Breakthrough Device Designation, and establishing a strong network of Key Opinion Leaders in the field.
WeCook - Repas WeCook
Series C in 2022
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.
A3 Surfaces
Seed Round in 2022
A3 Surfaces Inc. offers a surface treatment service incorporating various antimicrobial agents directly into the anodized aluminum layer. The antimicrobial effect of these surfaces prevents the transmission of hospital-acquired infections. The technology used by A3 Surfaces offers antibacterial products that eradicate pathogens and can be used on all commercial, industrial or institutional surfaces. Founded in 2015, this Chicoutimi company employs 5 people.
Oxio is a connectivity platform based in Quebec, Canada, founded in 2017 by Marc-André Campagna and Francis Careau. The company operates as an internet service provider, offering customized internet packages designed to enhance user experience. These packages include free installation, stable internet speeds, and the provision of a modem and router, all without requiring contracts. Oxio aims to change the way individuals connect with their internet service provider by delivering affordable and flexible internet solutions.
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