Fonds de solidarité FTQ is a private equity and venture capital firm based in Montreal, Canada, with additional offices in Quebec. Established in 1983, the firm specializes in investing in small and medium-sized businesses across various sectors, including natural resources, aerospace, agri-food, life sciences, and culture. It primarily focuses on projects that require funding of $3 million or more and provides loans up to $2 million. The firm actively seeks investment opportunities in Quebec, particularly in regions such as Abitibi-Témiscamingue and Montérégie. Fonds de solidarité FTQ invests in a range of activities, including business succession, financial restructuring, and market development, while avoiding sectors like retail, real estate, and biotechnology. It typically engages in equity financing and unsecured debt with investment horizons ranging from five to ten years. The firm aims to support projects that positively impact the Quebec economy and often takes either minority or majority stakes in its portfolio companies.
Vice President, Investments - Agri-Food and Health
Martin Latreille
Investment Director of IT and Telecom
Dany Sarazin-Sullivan
Investment Manager
Past deals in Quebec
Flare
Series B in 2024
Flare is a proactive digital footprint monitoring solution for organizations. Its AI-driven technology constantly scans the online world, including the dark, deep, and clear web, to discover unknown events, automatically prioritize risks, and deliver actionable intelligence you can use instantly to improve security.
Epitopea
Seed Round in 2024
Epitopea is a biotechnology company focused on developing innovative immunotherapies for cancer treatment by targeting a new class of tumor-specific antigens. The company employs a proprietary approach that combines immunopeptidomics, mass spectrometry, genomics, and bioinformatics to identify conserved, aberrantly expressed tumor-specific antigens hidden within cancer's non-coding DNA. This technology aims to create therapies that effectively eliminate malignant cells while minimizing damage to healthy tissue, thereby reducing side effects and providing lasting benefits for patients. Research conducted by Drs. Claude Perreault and Pierre Thibault at the Institute for Research in Immunology and Cancer at Université de Montréal has been instrumental in the discovery of these novel antigens, known as Cryptigen™ TSAs, which are shared among patients with the same cancer type.
Energir
Private Equity Round in 2024
Energir is a energy producer located in Montreal Canada.
InnovMetric Software
Venture Round in 2024
InnovMetric Software Inc., founded in 1994 in Quebec City, Canada, is a prominent provider of 3D metrology software solutions, primarily known for its flagship product, PolyWorks. The company focuses on serving the manufacturing sector by developing software that integrates high-density point cloud digitizers and tactile probing devices, enabling precise assembly and minimizing rejected parts while reducing time-to-market for products. InnovMetric collaborates with various business partners to offer a wide array of technical services, ensuring customized PolyWorks solutions are deployed effectively throughout the manufacturing process, from product engineering to production. With approximately 125 employees, including 30 application specialists, InnovMetric also maintains a global network of support partners across multiple countries, enhancing its service offerings and expertise in the field.
Qohash
Series B in 2024
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.
Flare
Series A in 2022
Flare is a proactive digital footprint monitoring solution for organizations. Its AI-driven technology constantly scans the online world, including the dark, deep, and clear web, to discover unknown events, automatically prioritize risks, and deliver actionable intelligence you can use instantly to improve security.
WorkJam
Series D in 2022
WorkJam, Inc. is a technology company that develops an employee engagement platform designed to enhance the relationship between employers and their front-line workforce. Founded in 2014 and headquartered in Montreal, Canada, with additional locations in Cincinnati, Ohio, and Melbourne, Australia, WorkJam offers a web and mobile app that can operate independently or be integrated with existing workforce management systems. The platform features tools for shift and task management, communication, training, and recognition, enabling shift-based, hourly, and non-desk workers to effectively manage their work life. By promoting agile scheduling and transformative communication, WorkJam empowers organizations in various sectors, including retail, healthcare, and manufacturing, to improve operational efficiency, labor cost management, and customer experience through a more engaged workforce. The company also has a strategic partnership with Digital Goodie to further enhance its offerings.
Inversago Pharma
Series C in 2022
Inversago Pharma Inc. is a preclinical-stage biotechnology company based in Montreal, Canada, focused on developing innovative therapies targeting metabolic and fibrotic disorders. The company specializes in peripherally-restricted CB1 receptor inverse agonists, which aim to offer new treatment options for conditions such as Prader-Willi syndrome, diabetes, and related metabolic disorders. Inversago Pharma's research includes addressing complications associated with diabetic kidney disease, non-alcoholic steatohepatitis, and various fibrotic diseases, including interstitial lung disease. Founded in 2015, the company is dedicated to enhancing patient outcomes through its pioneering approach to CB1 blockade.
FemTherapeutics
Grant in 2022
FemTherapeutics Inc. is a Montreal-based medical device company with a mission to personalize therapeutics in women’s health. FemTherapeutics has developed an artificial intelligence platform that leverages patient data to design novel medical devices, and offer customization to achieve better clinical outcomes. Our first product involves the customization of gynecological prosthetics (or vaginal pessaries) to improve the management of Pelvic Floor Disorders in women.
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.
Epitopea
Seed Round in 2022
Epitopea is a biotechnology company focused on developing innovative immunotherapies for cancer treatment by targeting a new class of tumor-specific antigens. The company employs a proprietary approach that combines immunopeptidomics, mass spectrometry, genomics, and bioinformatics to identify conserved, aberrantly expressed tumor-specific antigens hidden within cancer's non-coding DNA. This technology aims to create therapies that effectively eliminate malignant cells while minimizing damage to healthy tissue, thereby reducing side effects and providing lasting benefits for patients. Research conducted by Drs. Claude Perreault and Pierre Thibault at the Institute for Research in Immunology and Cancer at Université de Montréal has been instrumental in the discovery of these novel antigens, known as Cryptigen™ TSAs, which are shared among patients with the same cancer type.
CarbiCrete
Series A in 2022
CarbiCrete is a Montreal-based company that specializes in carbon removal technology aimed at producing low-cost, sustainable building solutions. Founded in 2016 and headquartered in Westmount, Canada, the company has developed a process for creating cement-free, carbon-negative concrete. This innovative concrete utilizes industrial by-products and captured carbon dioxide, replacing traditional cement with steel slag and curing the mixture with carbon dioxide. This method not only prevents the greenhouse gas emissions typically associated with cement production but also permanently removes carbon dioxide from the atmosphere. By licensing its technology to precast concrete manufacturers, CarbiCrete enables businesses to significantly reduce their greenhouse gas emissions while promoting environmentally friendly construction practices.
LeddarTech
Series D in 2022
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.
Groupe Crete inc
Venture Round in 2021
The Crête Group's activities are the results of a family-run company founded by Gérard Crête in 1949 and developed thereafter by his son Martin and his grandson Sébastien. For the past sixty years, their business, human and community relations have been defined by honesty, respect and integrity. It is understood that, despite its impressive track record, the Crête family knew how to stay humble and modest in spite of their numerous success that they willingly share with all of their partners that accompanied them during those years. Going over this site, you will discover the passionate story of this family native of the Mauricie, that, during many years, knew how to get out of a tricky situation in an unstable economy and an industry constantly restructuring. A family as determined as dynamic, constantly challenging their own company politics while always seeking excellence. The Crête family is in business for long! Groupe Crete's misssion is to remain a performing and flexible company of the Québec softwood transformation industry, a renewable ressource. By manufacturing products that are adapted to the needs of our customers. The company develops innovative products that are respectful of the environment, with the objective to generate value for the community, its customers, employees and shareholders.
Troilus Gold
Post in 2021
Troilus Gold is a Canadian based development stage resource company focused on the potential restart and mineral expansion of the former producing Troilus gold and copper mine, located within the Frotêt-Evans Greenstone Belt in Quebec.
Groupe Beaudoin
Venture Round in 2021
Groupe Beaudoin is a service provider based in Quebec, Canada, specializing in energy-efficient solutions for residential, commercial, and institutional projects. The company offers a range of services, including plumbing, natural gas installation, radiant heating, and geothermal systems. By focusing on affordability and efficiency, Groupe Beaudoin aims to meet the diverse needs of its clientele while ensuring high-quality installation and maintenance services.
DMB Distribution alimentaire
Venture Round in 2020
DMB Distribution Alimentaire offers distribution service to supermarkets and large grocery stores in Québec.
Sollio Cooperative Group
Venture Round in 2020
Sollio Cooperative Group, based in Montreal, Quebec, is an agri-food federation that serves over 60,000 members through nearly 70 cooperatives across Canada. Established in 1922, it employs more than 13,000 individuals and generates annual revenues of approximately $6.3 billion. The organization is structured into three main divisions: Olymel S.E.C, which includes brands such as Olymel, Flamingo, and Lafleur; the Agri-business division, which operates under various banners including La Coop and Agrico; and the BMR Group, known for its BMR and Unimat stores. Sollio Cooperative Group provides agricultural producers with essential goods and services, supporting them in crop production and enhancing their operational capabilities.
Inversago Pharma
Series B in 2020
Inversago Pharma Inc. is a preclinical-stage biotechnology company based in Montreal, Canada, focused on developing innovative therapies targeting metabolic and fibrotic disorders. The company specializes in peripherally-restricted CB1 receptor inverse agonists, which aim to offer new treatment options for conditions such as Prader-Willi syndrome, diabetes, and related metabolic disorders. Inversago Pharma's research includes addressing complications associated with diabetic kidney disease, non-alcoholic steatohepatitis, and various fibrotic diseases, including interstitial lung disease. Founded in 2015, the company is dedicated to enhancing patient outcomes through its pioneering approach to CB1 blockade.
Deco-Rampe
Venture Round in 2020
Déco-Rampe is the specialist in railings, ramps, and fences in Quebec. We offer you a wide choice of high-end models requiring very little maintenance. All our products are technically and aesthetically superior. Our avant-garde product allows us to guarantee your satisfaction
WorkJam
Series C in 2020
WorkJam, Inc. is a technology company that develops an employee engagement platform designed to enhance the relationship between employers and their front-line workforce. Founded in 2014 and headquartered in Montreal, Canada, with additional locations in Cincinnati, Ohio, and Melbourne, Australia, WorkJam offers a web and mobile app that can operate independently or be integrated with existing workforce management systems. The platform features tools for shift and task management, communication, training, and recognition, enabling shift-based, hourly, and non-desk workers to effectively manage their work life. By promoting agile scheduling and transformative communication, WorkJam empowers organizations in various sectors, including retail, healthcare, and manufacturing, to improve operational efficiency, labor cost management, and customer experience through a more engaged workforce. The company also has a strategic partnership with Digital Goodie to further enhance its offerings.
Harfang Exploration
Post in 2019
Harfang Exploration Inc is a Canadian mining exploration company focused on discovering gold districts primarily in Quebec. The company is engaged in the acquisition and exploration of mineral properties, with a significant emphasis on gold and lithium. Its main projects include the Lac Menarik gold property in the James Bay region, which is noted for being underexplored, as well as other properties such as Menarik East, Serpent, Lake Fagnant, Lake Aulneau, and Lake Tapiatic. Harfang's strategy involves developing mining projects and establishing partnerships with other exploration and mining firms to enhance its exploration efforts in these resource-rich areas.
Distillerie Mariana
Venture Round in 2019
Distillerie Mariana is a producer of spirits and craft beverages located in Louiseville, Quebec. The company specializes in a diverse range of products, including gins, rums, liqueurs, and Quebec grain whiskey. Distillerie Mariana is committed to environmental sustainability while reinventing international classics, offering unique flavors such as dark chocolate flavored rum, cream, and wildflower flavored gin.
Stradigi AI
Series A in 2019
Stradigi AI Inc., established in 2005 and based in Montreal, Canada, specializes in developing an artificial intelligence software-as-a-service (SaaS) platform. This platform, known as Kepler AI, empowers businesses to leverage AI capabilities for data-driven decision-making across various functions. By utilizing advanced artificial intelligence, machine learning, and deep learning technologies, Stradigi AI enables organizations to access automated workflows that streamline the deployment of AI solutions. The platform aims to accelerate the project lifecycle, allowing companies to derive valuable insights from their data, enhance customer experiences, increase revenue, and improve operational efficiency. Stradigi AI's services are designed to make AI accessible to users, regardless of their technical expertise, fostering a transformative impact on business performance.
Sollio Cooperative Group
Venture Round in 2019
Sollio Cooperative Group, based in Montreal, Quebec, is an agri-food federation that serves over 60,000 members through nearly 70 cooperatives across Canada. Established in 1922, it employs more than 13,000 individuals and generates annual revenues of approximately $6.3 billion. The organization is structured into three main divisions: Olymel S.E.C, which includes brands such as Olymel, Flamingo, and Lafleur; the Agri-business division, which operates under various banners including La Coop and Agrico; and the BMR Group, known for its BMR and Unimat stores. Sollio Cooperative Group provides agricultural producers with essential goods and services, supporting them in crop production and enhancing their operational capabilities.
Stelmine Canada
Post in 2019
Stelmine Canada is a Canadian mineral exploration company focused on the acquisition, exploration, and development of mining properties in Quebec. The company's asset portfolio includes several properties, such as the Courcy, Mercator, Joubert, Nouvelles, Ilnu, and Trieste properties. Stelmine is actively planning the establishment of a new gold mining camp in the eastern part of the Opinaca metasedimentary basin, indicating its commitment to advancing mineral resources in the region.
MAS Chibougamau Inc
Venture Round in 2019
Founded in Chibougamau in February 1962, M.A.S. Chibougamau Inc. is a local company specializing in the wholesale and retail distribution of industrial products and services for the mining, forestry and heavy industrial sectors as well as for the automotive sector. It also offers repair and engineering services through its major business partners.
Fromagerie Montebello
Venture Round in 2019
A cheesemaker's dream Alain Boyer made cheese for several years at the Fromagerie de Plaisance, only to take another route… without, however, mourning the loss of the profession. In 2011, the stars realigned. Fromagerie Montebello was born in the heart of the Petite-Nation, to the great pleasure of lovers of fine cheeses who first adopted Tête à Papineau with enthusiasm! Thanks to the support of bodies that believed in the project, including the Quebec Ministry of Finance and the Economy, the Quebec Ministry of Agriculture, Fisheries and Food, Investissement Quebec, Canada Economic Development and the Center local de développement Papineau, the premises on rue Principale now had an occupant. The artisanal production and marketing of cheese products was launched.
Enerkem
Corporate Round in 2019
Enerkem Inc. is a cleantech company based in Montreal, Canada, specializing in the production of renewable biofuels and chemicals derived from waste materials. The company utilizes a proprietary thermochemical process to convert non-recyclable municipal solid waste into cellulosic ethanol and other renewable chemicals. Over a decade of research has validated Enerkem's technology, which addresses issues related to oil dependence and waste disposal. The company operates advanced facilities that support its business model of producing biofuels profitably from a diverse range of feedstocks. Enerkem is majority-owned by a mix of institutional and clean-technology investors, including various venture capital firms and industrial investors. With a workforce of approximately 170 employees across Canada and the United States, Enerkem is committed to transforming waste into sustainable energy solutions.
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.
LeddarTech
Convertible Note in 2018
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.
Kaloom Networks
Series A in 2018
Kaloom Inc. is a Montreal-based company that specializes in large-scale networking solutions, analytics, and artificial intelligence. Founded in 2014, Kaloom develops an automated, programmable data center networking platform aimed at transforming the management and operation of networks for various sectors, including telecommunications, cloud services, gaming, and data center operations. The company's offerings include programmable spine and leaf switches, as well as storage and application servers. Its platform is designed to support simultaneous 4G and 5G applications, facilitating network slicing and reducing operational complexities and costs for clients managing distributed edge networks. With a team of experienced technology veterans, Kaloom is backed by notable investors and maintains research and development facilities in Montreal, along with a sales office in Silicon Valley.
Golden Valley Mines
Post in 2018
Golden Valley Mines Ltd. is a Canadian company focused on identifying, acquiring, and developing mineral exploration and evaluation projects. The company primarily explores for a variety of minerals, including gold, copper, zinc, silver, cobalt, molybdenum, nickel, and platinum group metals. It holds 16 exploration properties located in key mining regions such as the Abitibi Greenstone Belt, the James Bay, Mistassini, and Otish regions of northern Quebec, as well as the Nunavik region and the Athabasca Basin in Saskatchewan. Golden Valley Mines typically conducts initial exploration on grassroots targets in which it holds a 100% interest, after which it seeks partners to fund further exploration. This strategy allows the company to maintain its generative programs while pursuing systematic exploration at other majority-owned projects. Established in 2000, Golden Valley Mines is headquartered in Val-d'Or, Canada.
Kintavar Exploration
Post in 2018
Kintavar Exploration Inc. is a natural resource corporation focused on the exploration and development of gold and base metal properties in Canada, particularly in Quebec. The company's flagship project is the Mitchi copper property, spanning approximately 30,000 hectares in the Grenville geological province. In addition to Mitchi, Kintavar holds interests in the Anik gold property, which consists of 120 claims covering 6,700 hectares southeast of Chapais, and the Riviere à l’aigle project, comprising 161 claims over 9,026 hectares in the Chapais-Chibougamau region. The company aims to identify and acquire underexplored properties in geologically favorable areas, primarily focusing on the Abitibi gold district and the Grenville geological province. Kintavar Exploration is headquartered in Boucherville, Canada.
Composites Vci
Venture Round in 2018
Composites Vci is a transportation environmental consulting company located in Saint-lin-laurentides.
Stelmine Canada
Post in 2018
Stelmine Canada is a Canadian mineral exploration company focused on the acquisition, exploration, and development of mining properties in Quebec. The company's asset portfolio includes several properties, such as the Courcy, Mercator, Joubert, Nouvelles, Ilnu, and Trieste properties. Stelmine is actively planning the establishment of a new gold mining camp in the eastern part of the Opinaca metasedimentary basin, indicating its commitment to advancing mineral resources in the region.
Harfang Exploration
Post in 2018
Harfang Exploration Inc is a Canadian mining exploration company focused on discovering gold districts primarily in Quebec. The company is engaged in the acquisition and exploration of mineral properties, with a significant emphasis on gold and lithium. Its main projects include the Lac Menarik gold property in the James Bay region, which is noted for being underexplored, as well as other properties such as Menarik East, Serpent, Lake Fagnant, Lake Aulneau, and Lake Tapiatic. Harfang's strategy involves developing mining projects and establishing partnerships with other exploration and mining firms to enhance its exploration efforts in these resource-rich areas.
BCI Foods
Private Equity Round in 2018
BCI Foods is a food production company based in Saint-Hyacinthe, Québec, specializing in canned soups and sauces. The company offers a diverse array of products, including savory soups, ready-to-serve soups, broths, sauces, and ready-to-eat pasta and meals in packets. BCI Foods emphasizes innovation within the food industry and aims to enhance store brand growth by delivering high-quality dining experiences that align with its core principles. Their product line also includes luxury recipes and health-oriented options, enabling customers to enjoy flavorful and nutritious meals.
Sphinx Resources
Post in 2018
Sphinx is engaged in the generation and acquisition of exploration projects in Québec and Canada which is recognized as an attractive mining jurisdiction worldwide.
Taxelco
Venture Round in 2018
Taxelco owns and operates Téo Taxi, a revolutionary fully electric on-demand transportation service, Taxi Diamond, Montreal’s leading taxi company and Taxi Hochelaga, the industry leader in paratransit services.
Mnubo
Series B in 2018
Mnubo Inc. specializes in smart data management and analytics for the Internet of Things (IoT), catering to enterprises, service providers, and device manufacturers. Founded in 2012 and headquartered in Montreal, Canada, with an office in Tokyo, Japan, Mnubo offers a cloud platform that allows original equipment manufacturers (OEMs) to connect, collect, analyze, and act on data from their devices. The company provides services for real-time IoT data streams, including object modeling and lifecycle management, across various sectors such as wearables, industrial, automotive, building, and healthcare. By utilizing its analytics solutions, manufacturers gain insights that enhance product usage, boost customer engagement, and reduce operational costs. Mnubo operates as a subsidiary of Aspen Technology, Inc. since July 2019.
Enerkem
Corporate Round in 2018
Enerkem Inc. is a cleantech company based in Montreal, Canada, specializing in the production of renewable biofuels and chemicals derived from waste materials. The company utilizes a proprietary thermochemical process to convert non-recyclable municipal solid waste into cellulosic ethanol and other renewable chemicals. Over a decade of research has validated Enerkem's technology, which addresses issues related to oil dependence and waste disposal. The company operates advanced facilities that support its business model of producing biofuels profitably from a diverse range of feedstocks. Enerkem is majority-owned by a mix of institutional and clean-technology investors, including various venture capital firms and industrial investors. With a workforce of approximately 170 employees across Canada and the United States, Enerkem is committed to transforming waste into sustainable energy solutions.
Groupe Meloche
Venture Round in 2017
Groupe Meloche, Inc. is a manufacturer of mechanical components and assemblies primarily serving the aerospace, military, telecommunications, transport, and medical sectors. Established in 1974 and headquartered in Salaberry-de-Valleyfield, Canada, the company specializes in producing aerostructure and aircraft engine components through a vertical integration strategy. This encompasses precision machining, surface treatment, painting, assembly, and non-destructive testing. Groupe Meloche operates five manufacturing sites—three in Salaberry-de-Valleyfield, along with locations in Bromont and Montreal—and maintains an administration and innovation center in Beauharnois. The company's product offerings include structural components made from aluminum and titanium, as well as engine components crafted from various metals, enabling clients to construct high-quality engines and aircraft structures.
LeddarTech
Series C in 2017
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.
Stelmine Canada
Post in 2017
Stelmine Canada is a Canadian mineral exploration company focused on the acquisition, exploration, and development of mining properties in Quebec. The company's asset portfolio includes several properties, such as the Courcy, Mercator, Joubert, Nouvelles, Ilnu, and Trieste properties. Stelmine is actively planning the establishment of a new gold mining camp in the eastern part of the Opinaca metasedimentary basin, indicating its commitment to advancing mineral resources in the region.
Alimentation l'Epicier
Debt Financing in 2017
Alimentation l'Epicier Inc. is a Canadian food supplier founded in 1996 and headquartered in Saint Leonard, with branches in Quebec and Ontario. The company specializes in a diverse range of food products, including meat items available through its butchers' shop and a variety of non-perishable goods such as pasta, sauces, spices, and coffee. Alimentation l'Epicier also offers charcuterie and fish products, catering to both retail and online shoppers. With a focus on quality and accessibility, the company serves the local community by providing a wide selection of essential food items.
Kaloom Networks
Series A in 2017
Kaloom Inc. is a Montreal-based company that specializes in large-scale networking solutions, analytics, and artificial intelligence. Founded in 2014, Kaloom develops an automated, programmable data center networking platform aimed at transforming the management and operation of networks for various sectors, including telecommunications, cloud services, gaming, and data center operations. The company's offerings include programmable spine and leaf switches, as well as storage and application servers. Its platform is designed to support simultaneous 4G and 5G applications, facilitating network slicing and reducing operational complexities and costs for clients managing distributed edge networks. With a team of experienced technology veterans, Kaloom is backed by notable investors and maintains research and development facilities in Montreal, along with a sales office in Silicon Valley.
Reflex Photonics
Venture Round in 2017
Reflex Photonics Inc. specializes in high-performance optical connectivity solutions for semiconductor packaging and data transfer applications. Founded in 2002 and based in Montreal, Canada, with an office in Paris, France, the company develops a range of products, including embedded transceivers, optical interconnects, and optical test systems. Their offerings, such as the LightABLE™ technology and Light on Board® solutions, are designed to facilitate high-speed data transfer, achieving aggregate data rates exceeding 10 Gigabits per second and accommodating link distances from a few inches to 1000 feet. Reflex Photonics primarily serves the telecommunications, aerospace, and defense sectors, providing rugged, cost-effective solutions that enable the development of smaller, lower power systems with enhanced connectivity. As of late 2019, Reflex Photonics operates as a subsidiary of Smiths Interconnect, Inc.
JLR
Venture Round in 2016
JLR Inc. is a Montreal-based company that specializes in providing online services for real estate information and transaction processes. Founded in 1986, it focuses on property knowledge and innovative technology, integrating and distributing property data. JLR offers a range of solutions, including risk analysis, market share analysis, property valuation, and compliance, catering to financial institutions, government agencies, real estate professionals, and legal experts. The company compiles and structures data on real estate transactions across Quebec, facilitating informed decision-making for its clients. As of December 2018, JLR operates as a subsidiary of Equifax Canada Co.
JAMP Pharma
Venture Round in 2016
JAMP Pharma is a pharmaceutical company based in Boucherville, Quebec, specializing in the provision of health solutions for patients and consumers. The company focuses on contract manufacturing services for a wide range of pharmaceutical products, including generic molecules, medicinal granules, synthetic drugs, biotech drugs, and medical apparatus. In addition to manufacturing, JAMP Pharma offers integrated commercial operations, warehousing, assurance laboratory services, vault storage for controlled substances, and cold chain maintenance services, ensuring comprehensive support for its clients and maintaining high standards of product quality and safety.
Graphica Impression inc
Venture Round in 2016
Graphica Impression Inc. is a Québec-based company that has been providing digital printing services since its establishment in 1971. It specializes in large format printing, earning recognition for its quality and expertise in this area. The company's offerings cater to various client needs, making it a notable player in the digital printing industry.
Fresche Solutions
Venture Round in 2016
Fresche Solutions Inc. is a legacy management company that specializes in modernizing business-critical applications. It provides a comprehensive suite of tools and services, including the X-Analysis software for managing the IBM i lifecycle, iModernize for transforming AS/400 RPG and COBOL applications into modern architectures like Microsoft and Java, and the Newlook suite aimed at enhancing traditional IBM i systems. Additionally, the company offers business intelligence and development tools, as well as HP e3000 modernization solutions. Fresche Solutions also delivers consulting and technical support services, focusing on application and database modernization, project management, and ongoing application support. With a commitment to strategy and productivity, the company serves a diverse clientele in Canada and internationally. Founded in 1976 and based in Montreal, Canada, Fresche Solutions has expanded its operations with offices in several locations, including the United States, Australia, India, and the United Kingdom. Previously known as Fresche Legacy Inc., the company rebranded in April 2017.
Cartier Resources
Convertible Note in 2016
Ressources Cartier Resources (TSX-V: ECR) is an exploration company focused on discovery in the prolific Abitibi Gold Belt in Quebec.
Agropur
Venture Round in 2015
Agropur is a dairy cooperative founded in 1938 in Québec, recognized as one of the top 20 dairy producers worldwide. The company specializes in producing a wide range of dairy products, including ice cream, cheese, yogurt, milk, and other milk-derived items, serving retail, food service, and industrial sectors globally. Agropur emphasizes sustainable practices in its operations, reflecting a commitment to innovation as a core principle of its business strategy. With over 80 years of experience in the dairy industry, Agropur continues to leverage its expertise to meet the evolving needs of its clients and to maintain its leadership position in the market.
Groupe Technosub inc
Acquisition in 2015
Groupe Technosub Inc. is a Canadian company based in Rouyn-Noranda, specializing in the manufacture, sale, rental, and repair of pumps and pump components. Founded in 1983, the company offers a diverse range of products, including multistage, vertical turbine, centrifugal, and submersible pumps. These pumps are utilized in various applications, such as mine dewatering, water distribution, irrigation, and industrial processes, capable of handling fluids like fresh, salt, and demineralized water, as well as oils and emulsions under high pressure and temperature. Technosub primarily serves the mining, construction, environmental, and municipal infrastructure sectors, leveraging over 30 years of industry expertise to deliver high-quality products and engineering solutions.
Cartier Resources
Post in 2015
Ressources Cartier Resources (TSX-V: ECR) is an exploration company focused on discovery in the prolific Abitibi Gold Belt in Quebec.
SAIL Plein Air Inc.
Venture Round in 2015
SAIL Plein Air Inc. is a Canadian retailer specializing in outdoor, camping, hunting, and fishing products. The company offers a diverse range of items, including clothing, footwear, camping gear, and winter sports equipment. Its product lineup features outdoor pants, jackets, winter boots, and various accessories, catering to outdoor enthusiasts. SAIL Plein Air Inc. operates physical stores in multiple locations across Canada, including Beloeil, Brossard, Burlington, Etobicoke, Laval, Oshawa, Ottawa, Quebec, Vaughan, and Longueuil. In addition to its brick-and-mortar presence, the company provides online shopping services through its website, allowing customers to conveniently access its extensive product offerings. Formerly known as SKI-Mode Bernard Trottier Inc., the company rebranded in April 2009 and is headquartered in Laval, Canada.
Sphinx Resources
Post in 2014
Sphinx is engaged in the generation and acquisition of exploration projects in Québec and Canada which is recognized as an attractive mining jurisdiction worldwide.
Agropur
Venture Round in 2014
Agropur is a dairy cooperative founded in 1938 in Québec, recognized as one of the top 20 dairy producers worldwide. The company specializes in producing a wide range of dairy products, including ice cream, cheese, yogurt, milk, and other milk-derived items, serving retail, food service, and industrial sectors globally. Agropur emphasizes sustainable practices in its operations, reflecting a commitment to innovation as a core principle of its business strategy. With over 80 years of experience in the dairy industry, Agropur continues to leverage its expertise to meet the evolving needs of its clients and to maintain its leadership position in the market.
GuestDriven
Series A in 2014
GuestDriven is a hospitality-focused guest engagement solution that offers a comprehensive guest relationship management platform for hotels. Founded in 2010 and headquartered in Montreal, Canada, the company specializes in helping hospitality brands interact directly with guests, understand their preferences, and enhance their overall experience. GuestDriven provides a suite of integrated tools that enable hotels to deliver personalized, moment-based offers and communications, allowing guests to take control of their stay. This approach fosters stronger relationships, leading to increased satisfaction, positive reviews, and brand advocacy. With implementations in over 60 cities worldwide, GuestDriven is committed to transforming guest engagement in the hospitality industry.
Muse Entertainment
Venture Round in 2013
Internationally acclaimed Film and TV Production Company Founded in 1998, Muse Entertainment is a film and TV production company that is recognized across North America and internationally as a major producer of well-crafted, high-quality film and television productions with strong international appeal. TV productions that win over critics and audiences throughout the world Muse film and TV production company produces a wide range of dramatic series, television movies, mini-series and family programs for major networks around the world. Many of our television productions have garnered critical acclaim and large audiences – as well over 100 international awards and over 300 award nominations! Quality Productions for U.S. Television Networks In 2007, Muse opened offices in Los Angeles. As a result, our TV production company now has a large volume of projects in development and in production with free and cable television networks in the United States. A leader in Co-productions and International Partnerships Muse has become one of the most active film and TV production companies in the world. We combine our vast knowledge of international laws and practices with our thorough understanding of Canada’s tax credits, television funds and other forms of financial assistance. Under Canada’s official film production treaties, Muse has produced with companies in France, England, Ireland, Spain, Germany, Switzerland, Romania, Hungary, Morocco, Australia and South Africa, amortizing costs of production over a wider audience base and qualifying for the fiscal advantages offered for official co-productions. Our production company prides itself on its ability to bring creative, artistic, technical and financial resources together. Muse has development and production offices in Montreal, Toronto and Los Angeles.
Cogeco
Post in 2011
Cogeco Communications Inc. is a telecommunications company based in North America, recognized as the eighth-largest cable operator in the region. It operates in Canada under the Cogeco Connexion brand, primarily serving customers in Quebec and Ontario, and has a significant presence in the United States through its subsidiary, Atlantic Broadband, which offers services in 12 states. Cogeco provides a comprehensive range of services, including high-speed internet, video, and telephony, catering to both residential and business clients. The company emphasizes customer satisfaction by investing in advanced broadband network facilities to ensure fast, reliable service at competitive prices, while also focusing on improving profitability and creating shareholder value.
Medicago
Private Equity Round in 2011
Medicago Inc. is a biotechnology company based in Quebec City, Canada, specializing in the research, development, production, and commercialization of vaccines. The company employs proprietary plant-based manufacturing and Virus-Like Particle (VLP) technologies to create innovative vaccines and therapeutics aimed at infectious diseases and public health challenges. Medicago's product pipeline includes a candidate for the H5N1 pandemic influenza VLP vaccine, which has successfully completed a Phase I clinical trial, as well as an H1N1 VLP vaccine and seasonal influenza vaccines. The company has established collaboration agreements with organizations such as Viridis S.A. and Genopole biopark for the manufacturing of its vaccines, and with Philip Morris International to develop a therapeutic protein. Medicago was incorporated in 1997 and continues to focus on addressing emerging health threats through its advanced vaccine technologies.
Groupe Technosub inc
Venture Round in 2011
Groupe Technosub Inc. is a Canadian company based in Rouyn-Noranda, specializing in the manufacture, sale, rental, and repair of pumps and pump components. Founded in 1983, the company offers a diverse range of products, including multistage, vertical turbine, centrifugal, and submersible pumps. These pumps are utilized in various applications, such as mine dewatering, water distribution, irrigation, and industrial processes, capable of handling fluids like fresh, salt, and demineralized water, as well as oils and emulsions under high pressure and temperature. Technosub primarily serves the mining, construction, environmental, and municipal infrastructure sectors, leveraging over 30 years of industry expertise to deliver high-quality products and engineering solutions.
Golden Valley Mines
Post in 2010
Golden Valley Mines Ltd. is a Canadian company focused on identifying, acquiring, and developing mineral exploration and evaluation projects. The company primarily explores for a variety of minerals, including gold, copper, zinc, silver, cobalt, molybdenum, nickel, and platinum group metals. It holds 16 exploration properties located in key mining regions such as the Abitibi Greenstone Belt, the James Bay, Mistassini, and Otish regions of northern Quebec, as well as the Nunavik region and the Athabasca Basin in Saskatchewan. Golden Valley Mines typically conducts initial exploration on grassroots targets in which it holds a 100% interest, after which it seeks partners to fund further exploration. This strategy allows the company to maintain its generative programs while pursuing systematic exploration at other majority-owned projects. Established in 2000, Golden Valley Mines is headquartered in Val-d'Or, Canada.
Incursion Voyages
Venture Round in 2010
Incursion Voyages is a travel and tourism company based in Québec, Canada, specializing in a wide range of travel services. The company provides guided group travel, accompanied travel, individual travel, corporate travel, tours, and cruises, including river cruises and long stays. Incursion Voyages focuses on catering to the diverse needs and preferences of its customers, ensuring memorable experiences through well-organized trips and travel arrangements.
Cartier Resources
Post in 2010
Ressources Cartier Resources (TSX-V: ECR) is an exploration company focused on discovery in the prolific Abitibi Gold Belt in Quebec.
Cartier Resources
Post in 2009
Ressources Cartier Resources (TSX-V: ECR) is an exploration company focused on discovery in the prolific Abitibi Gold Belt in Quebec.
Montrusco Bolton Investments
Venture Round in 2008
Montrusco Bolton Investments is a Canadian boutique investment firm based in Montreal, established in 1984. The firm specializes in asset management and serves over 100 institutional clients from both Canada and abroad. With a focus on tailored investment solutions, Montrusco Bolton aims to meet the diverse needs of its clientele through a disciplined investment approach and comprehensive market analysis.
Iscopia Software
Series B in 2008
Headquartered in Montreal, Iscopia provides on-demand online hiring solutions (delivered over the web as Software as a Service) that enable organizations of all sizes to recruit the best candidates and promote the most deserving employees. Iscopia's award-winning online hiring solution, AQS™, enables small and medium-sized businesses (SMB) to hire better employees and reduce turnover quickly, simply and economically. Our customer base ranges from industry leading test publishers and HR consultants to companies large and small.
Cogeco
Post in 2008
Cogeco Communications Inc. is a telecommunications company based in North America, recognized as the eighth-largest cable operator in the region. It operates in Canada under the Cogeco Connexion brand, primarily serving customers in Quebec and Ontario, and has a significant presence in the United States through its subsidiary, Atlantic Broadband, which offers services in 12 states. Cogeco provides a comprehensive range of services, including high-speed internet, video, and telephony, catering to both residential and business clients. The company emphasizes customer satisfaction by investing in advanced broadband network facilities to ensure fast, reliable service at competitive prices, while also focusing on improving profitability and creating shareholder value.
Bluestreak Technology
Series D in 2007
Bluestreak Technology, Inc. is a developer of media applications and software solutions for over-the-top and managed video services across various connected devices, including televisions, set-top boxes, smartphones, and tablets. Its flagship products include the MachBlue platform, which enables content owners and network operators to deliver video services, and MachBlue Smart Runtime Classic, designed for creating experiences using Adobe Flash applications. The company also offers MachBlue Studio, an application testing environment that aids in debugging and optimizing applications. Additionally, Bluestreak Technology provides a range of features for digital set-top boxes, such as user interfaces, electronic program guides, video on demand, and live event broadcasting. Founded in 2002 and headquartered in Montreal, Canada, Bluestreak Technology serves a diverse clientele that includes major industry players like Alcatel, Ericsson, and Samsung. The company operates as a subsidiary of Espial Group, Inc.
Trellia Networks
Series B in 2007
Trellia Networks, Inc. develops enterprise mobility management solutions. It provides mobile policy management and enforcement solutions, which enable IT departments to centrally define, create, manage, automate, and enforce mobile policies; and a hosted Mobile Policy Management platform, which features 3G data plan management and 3G/Gobi asset management capabilities. The company’s products include mobile policy manager (MPM) for mobile broadband, which allows enterprises to choose pre-configured mobility policies, as well as deploy solutions, such as wire-line access, 3G, or VPNs; and MPM for mobile enterprise, which provides policy automation and enforcement for access, security, cost, and productivity to the functionality provided by the MPM for wireless broadband edition. Trellia Networks, Inc. was founded in 2003 and is based in Montreal, Canada.
OZ Communications
Series B in 2006
OZ Communications, Inc., a software company, provides consumer mobile messaging solutions. It offers OZ Mobile IM, a solution that enables mobile operators to offer access to already established instant messaging services; OZ Consumer Email, an email solution for consumer mobile phones and devices to send and receive emails to friends and family; and OZ SmartMail, an email solution for savvy, small business, and home business professionals. The company also provides OZ Mobile IMPS Server, a solution that enables mobile operators to build own mobile instant messaging communities; and OZ Mobile Social Networking, which enables mobile operators to deliver mobile social networking experience to end users. In addition, it offers device application development services, custom server solutions and system integration services, application service provider solutions, and business consulting services. The company's customers include mobile operators, handset manufacturers, portals, and online communities. It has strategic partnerships with America Online, Inc.; Microsoft; and Yahoo!. OZ Communications, Inc. was formerly known as OZ.COM. The company was founded in 1991 and is based in Montreal, Canada with regional offices in the United States, Europe, and India. As of November 4, 2008, OZ Communications Inc. operates as a subsidiary of Nokia Corp.
Bluestreak Technology
Series C in 2006
Bluestreak Technology, Inc. is a developer of media applications and software solutions for over-the-top and managed video services across various connected devices, including televisions, set-top boxes, smartphones, and tablets. Its flagship products include the MachBlue platform, which enables content owners and network operators to deliver video services, and MachBlue Smart Runtime Classic, designed for creating experiences using Adobe Flash applications. The company also offers MachBlue Studio, an application testing environment that aids in debugging and optimizing applications. Additionally, Bluestreak Technology provides a range of features for digital set-top boxes, such as user interfaces, electronic program guides, video on demand, and live event broadcasting. Founded in 2002 and headquartered in Montreal, Canada, Bluestreak Technology serves a diverse clientele that includes major industry players like Alcatel, Ericsson, and Samsung. The company operates as a subsidiary of Espial Group, Inc.
Topigen Pharmaceuticals is a biotechnology company that is focused on the scientific research and development of therapeutic drugs. It develops treatments for respiratory disorders, including asthma and chronic obstructive pulmonary disease. Topigen Pharmaceuticals offers TPI ASM8, a drug that is developed for the management of moderate to severe asthma; and TPI 1100, a drug that is developed for the chronic obstructive pulmonary disease. Topigen Pharmaceuticals was acquired by Pharmaxis in January 2010. Topigen Pharmaceuticals was founded in 2000 and is based in Montreal, Quebec.
Bluestreak Technology
Series B in 2005
Bluestreak Technology, Inc. is a developer of media applications and software solutions for over-the-top and managed video services across various connected devices, including televisions, set-top boxes, smartphones, and tablets. Its flagship products include the MachBlue platform, which enables content owners and network operators to deliver video services, and MachBlue Smart Runtime Classic, designed for creating experiences using Adobe Flash applications. The company also offers MachBlue Studio, an application testing environment that aids in debugging and optimizing applications. Additionally, Bluestreak Technology provides a range of features for digital set-top boxes, such as user interfaces, electronic program guides, video on demand, and live event broadcasting. Founded in 2002 and headquartered in Montreal, Canada, Bluestreak Technology serves a diverse clientele that includes major industry players like Alcatel, Ericsson, and Samsung. The company operates as a subsidiary of Espial Group, Inc.
Topigen Pharmaceuticals
Venture Round in 2004
Topigen Pharmaceuticals is a biotechnology company that is focused on the scientific research and development of therapeutic drugs. It develops treatments for respiratory disorders, including asthma and chronic obstructive pulmonary disease. Topigen Pharmaceuticals offers TPI ASM8, a drug that is developed for the management of moderate to severe asthma; and TPI 1100, a drug that is developed for the chronic obstructive pulmonary disease. Topigen Pharmaceuticals was acquired by Pharmaxis in January 2010. Topigen Pharmaceuticals was founded in 2000 and is based in Montreal, Quebec.
Sirios Resources
Post in 2004
Sirios Resources Inc. is an exploration company based in Montreal, Canada, focused on the evaluation and discovery of mineral resources, primarily gold and silver deposits. Founded in 1994, the company aims to identify world-class gold and lithium deposits in the James Bay region of Quebec. Its flagship project, the Cheechoo project, encompasses 145 claims over 7,400 acres and is recognized as a significant gold discovery. In addition to Cheechoo, Sirios also holds other projects, including Aquilon, Maskwa, and Li-52, further expanding its exploration efforts in the region.
Ltrim Technologies
Series B in 2003
LTRIM Technologies is a development-stage fabless semiconductor company, engaged in the design and development of high-performance analog integrated circuit products. It was founded in October 1998 by Physics Engineer Yves Gagnon, Professor Yvon Savaria PhD, and Professor Michel Meunier PhD. The company was conceived to commercialize the results of a three-year R & D project carried out by the founders at the École Polytechnique of Montréal (one of Canada's leading post-secondary engineering institutions) between January 1998 and May 2000.
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