Export Development Canada

Export Development Canada (EDC) is an export credit agency established in 1944 and headquartered in Ottawa, Ontario. The organization is dedicated to supporting and enhancing Canada's export trade by facilitating international business opportunities for Canadian companies, both large and small. EDC offers a range of financial services, including trade financing, export credit insurance, and secured loans, specifically designed to assist Canadian exporters, investors, and their international buyers. Additionally, EDC engages in private equity and venture capital investments, further contributing to the growth and competitiveness of Canadian businesses in the global market.

Hozefa Abbas

Investment Partner

Erik Brien-Wright

Partner

Sean Brownlee

Director

Carl Burlock

Executive Vice President and Chief Business Officer

Isabela Murillo

Investment Manager

Richard Pinnock

Chief Diversity Officer and Director

Julie Pottier

senior Vice President

Eric Siegel

COO

Gabriel Sirois

Partner

Stephen Wilhelm

Lead Investment Manager, Equity

Past deals in Internet of Things

Koïos Intelligence

Seed Round in 2023
Koios Intelligence is focused on transforming the financial and insurance sectors through the use of AI-powered conversational systems. By developing advanced chatbots and virtual assistants, the company streamlines processes and enhances customer experiences across various stages, including pre-sales, sales, and post-sales. These solutions automate interactions and facilitate data collection, allowing organizations to reduce costs, improve operational efficiency, and deliver high-quality customer service. Through its innovative technology, Koios Intelligence aims to empower the financial industry by providing tools that enhance communication and operational effectiveness.

Mysa

Series B in 2021
Mysa is the first ever high-voltage thermostat that is truly smart. It is fully featured for the conscientious consumer: smart learning features which amount to approximately 15% savings on energy bills, remote access to control their home’s heating through their smartphone from anywhere in the world, and integration with popular smart home platforms (Amazon Alexa, Google Home, and Apple Homekit)

SPARK Microsystems

Private Equity Round in 2021
SPARK Microsystems International Inc. is a fabless semiconductor company based in Montréal, Canada, specializing in ultra-low power wireless communication technologies for the Internet of Things. Founded in 2016, the company develops a wireless transceiver known as SPARK Radio, which is designed to provide reduced latency and extended battery life for short-range wireless communications. This technology enables devices to operate using energy harvesting techniques, significantly enhancing energy efficiency and performance. By leveraging patented innovations, SPARK Microsystems aims to deliver high-performance wireless solutions that outperform competing technologies in terms of power consumption and data rates, facilitating the advancement of battery-less operations in wireless devices.

ThoughtWire

Debt Financing in 2020
ThoughtWire Corp. develops and markets an application platform for enterprise and cloud applications. The company was founded in 2009 and is based in Toronto, Canada.

SensorUp

Series A in 2020
SensorUp Inc. is a Calgary-based company established in 2011 that specializes in developing and operating an Internet of Things (IoT) platform. The company provides solutions for sensor data, analytics, and mapping through a unified API, enabling the interconnection of IoT devices, data, and applications over the web. The SensorUp IoT Software Platform facilitates integration with the SensorUp Cloud, allowing devices to communicate with one another and with third-party web applications. Among its offerings is the Smart Cities Starter Kit, designed for air quality monitoring. SensorUp aims to empower users by enabling intelligent automation and enhancing safety and productivity in various sectors.

SensorUp

Series A in 2020
SensorUp Inc. is a Calgary-based company established in 2011 that specializes in developing and operating an Internet of Things (IoT) platform. The company provides solutions for sensor data, analytics, and mapping through a unified API, enabling the interconnection of IoT devices, data, and applications over the web. The SensorUp IoT Software Platform facilitates integration with the SensorUp Cloud, allowing devices to communicate with one another and with third-party web applications. Among its offerings is the Smart Cities Starter Kit, designed for air quality monitoring. SensorUp aims to empower users by enabling intelligent automation and enhancing safety and productivity in various sectors.

Hortau

Venture Round in 2019
Hortau specializes in wireless and web-based irrigation management. Hortau integrates proprietary soil sensing innovations with the latest information technologies to deliver the most advanced irrigation management solutions on the market. Hortau was founded in 2002, by Dr. Jean Caron, Agronomist, Ph.D in Soil Physics and Jocelyn Boudreau, agricultural engineer, M.Sc. in Soil Physics. Their expertise is in Agronomy, Soil Physics and Agricultural Engineering. Improving crop production is their focus.

Brickeye

Series A in 2018
AOMS Technologies provides integrated Industrial IoT platforms for generating actionable insights from assets and processes to enhance efficiency and productivity, reduce operation costs, increase safety, and improve environmental sustainability. AOMS IoT platforms are integrated sensors and analytics tools developed for harsh environments and heavy industrial applications where conventional technologies fail, lose performance, or cannot be deployed efficiently.

Hortau

Venture Round in 2018
Hortau specializes in wireless and web-based irrigation management. Hortau integrates proprietary soil sensing innovations with the latest information technologies to deliver the most advanced irrigation management solutions on the market. Hortau was founded in 2002, by Dr. Jean Caron, Agronomist, Ph.D in Soil Physics and Jocelyn Boudreau, agricultural engineer, M.Sc. in Soil Physics. Their expertise is in Agronomy, Soil Physics and Agricultural Engineering. Improving crop production is their focus.

OMsignal

Series B in 2016
OMsignal Inc. is a Montreal-based company specializing in bio-sensing clothing that integrates advanced sensor technology to monitor vital health metrics. Founded in 2011, the company produces apparel such as the OMbra, a sports bra that captures detailed body signals, and the OMshirt, which tracks heart rate and breathing patterns. These garments connect to mobile devices, allowing users to access real-time biometric data through the OMsignal app. The app provides insights into heart rate, breathing rhythms, calorie expenditure, and other activity metrics, facilitating comprehensive health tracking. OMsignal's innovative approach aims to empower individuals to maintain their fitness and well-being through the seamless integration of technology into everyday life. The company's products are available for purchase online.
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