Cycle Momentum
Grant in 2023
Cycle Momentum is a Montreal-based accelerator established in 2014 that focuses on supporting cleantech startups. It is dedicated to working with entrepreneurs who develop and commercialize innovative clean technologies, aiming to cultivate globally competitive companies. The accelerator provides a tailored program that includes training workshops, networking opportunities, and access to experienced mentors. Additionally, Cycle Momentum connects these startups with investors to enhance their growth potential. By concentrating on seed-stage, early-stage, and later-stage companies, particularly in B2B, commercial transportation, energy, and cleantech sectors, Cycle Momentum plays a crucial role in fostering the development of promising Canadian ventures in the clean technology arena.
HaiLa Technologies
Grant in 2023
HaiLa Technologies is a fabless semiconductor and software company that develops hyper power-efficient wireless system-on-chip solutions for Internet of Things deployments. Founded in 2019, the company aims to enable sustainable scaling of IoT sensor networks by dramatically reducing the power consumption of wireless radios, which extends battery life and can reduce or eliminate the need for sensor batteries. Its platform supports multiple applications across consumer electronics, building and process automation, medical technology, agriculture, and smart cities by enabling IoT devices to operate over existing wireless infrastructure. HaiLa focuses on enabling smaller batteries and longer lifespans for devices deployed at scale. The company is headquartered in Montreal, with offices in Copenhagen and San Francisco.
BrainBox AI
Venture Round in 2023
Founded in 2017, BrainBox AI develops autonomous building technology that optimizes HVAC systems using artificial intelligence. Its cloud-based solution analyzes data to predict maintenance needs and maximize energy efficiency, reducing operational costs.
Equisoft
Private Equity Round in 2023
Equisoft Inc. is a global provider of innovative digital solutions tailored for the life insurance and wealth management industries. Founded in 1994 and headquartered in Montreal, Canada, with an additional office in Sydney, Australia, the company specializes in delivering a comprehensive ecosystem of services. Its offerings include SaaS policy administration, customer relationship management, financial planning tools, and solutions for asset allocation and portfolio analysis. Equisoft also provides financial advisors with tools for wealth management proposals, as well as software for quotes, illustrations, and agency management systems. The company is recognized as a leading partner for Oracle's insurance policy administration platform, leveraging extensive expertise in data migration and integration. Through its diverse range of services, Equisoft aims to empower clients to navigate the complexities of digital transformation in the financial sector.
Kaloom develops fully automated, programmable software for data center networking. Its solution aims to disrupt cloud and data center network management for enterprises, cloud providers, gaming companies, data center operators, and 5G wireless providers. Founded in 2014, Kaloom is headquartered in Montreal, Canada.
Element AI
Series B in 2019
Element AI is an artificial intelligence company that develops and delivers AI solutions for organizations to identify opportunities to deploy AI and machine learning. It operates an AI as a Service platform that enables businesses to launch and scale AI initiatives in partnership with large corporations. The company maintains an in-house research and development laboratory to advance AI technologies and their deployment in computing infrastructure. Element AI serves industries including insurance, banking and capital markets, manufacturing, logistics, retail, and consumer packaged goods. Founded in 2016 and headquartered in Montreal with an additional office in Toronto, it combines software products, services, and tools that help clients operationalize AI, augment decision-making, and improve business performance. Element AI also maintains collaborations with academia and engages in policy discussions related to technology's societal impact, while acting as an integrator to help organizations adopt and implement AI solutions.
Nouveau Monde Graphite
Post in 2019
Nouveau Monde Graphite Inc. is a mineral exploration company focused on the acquisition, exploration, evaluation, and development of graphite properties in Quebec, Canada. Founded in 2011 and headquartered in Saint-Michel-des-Saints, the company owns the Matawinie property, which consists of 319 mining claims covering 17,585 hectares located north of Montreal. Nouveau Monde Graphite is dedicated to developing a natural graphite-based anode material aimed at supplying the lithium-ion battery industry, thereby targeting the growing North American market for battery-grade materials. The company emphasizes environmentally responsible practices in its operations, aligning with the increasing demand for sustainable and low-impact sources of natural graphite for battery manufacturers. Its projects include the Matawinie Mine and the Battery Material Plant, positioning Nouveau Monde Graphite as a key player in the green energy transition.
Nouveau Monde Graphite
Grant in 2018
Nouveau Monde Graphite Inc. is a mineral exploration company focused on the acquisition, exploration, evaluation, and development of graphite properties in Quebec, Canada. Founded in 2011 and headquartered in Saint-Michel-des-Saints, the company owns the Matawinie property, which consists of 319 mining claims covering 17,585 hectares located north of Montreal. Nouveau Monde Graphite is dedicated to developing a natural graphite-based anode material aimed at supplying the lithium-ion battery industry, thereby targeting the growing North American market for battery-grade materials. The company emphasizes environmentally responsible practices in its operations, aligning with the increasing demand for sustainable and low-impact sources of natural graphite for battery manufacturers. Its projects include the Matawinie Mine and the Battery Material Plant, positioning Nouveau Monde Graphite as a key player in the green energy transition.
IVADO Labs is an artificial intelligence start-up located in Montreal, a hub for AI innovation. The company focuses on bridging the gap between advanced AI research and industry applications, aiming to tackle complex operational challenges faced by various sectors. It provides services such as applied research capabilities, custom algorithm development, and cross-functional expertise. By collaborating with organizations, IVADO Labs helps improve efficiency, reduce costs, and facilitate data-driven decision-making, particularly for logistics providers, manufacturers, and other enterprises. Through its efforts, IVADO Labs aims to enhance the adoption of AI technologies in practical, impactful ways.