Investissement Québec

Investissement Québec, established in 1998 and headquartered in Montreal, Canada, serves as a financial institution and economic development agency dedicated to supporting businesses looking to establish operations in the province. The organization provides a range of services, including site identification, business assistance, and the formation of strategic alliances across various industries. Its financial offerings encompass loans, equity financing, tax credits, development capital, project financing, loan guarantees, and equity investments. Investissement Québec focuses on key sectors such as aerospace, agri-food, transportation, information and communication technologies, life sciences, and microelectronics, positioning itself as a vital partner for corporations aiming to expand in Québec.

Maxime Courchesne

Investment Manager / Venture Capital

Guy LeBlanc

CEO

Didier Leconte

Vice-président, Sciences de la vie et technologie | Vice President, Life Sciences and Technology

Bicha Ngo

CEO

Past deals in Energy Management

Dcbel

Venture Round in 2023
dcbel's mission is to deliver energy that lets people live a life without compromise. dcbel™ (formerly known as Ossiaco) sits at the nexus of residential solar power, electric vehicle charging, the smart home, and customer-centric utilities. The dcbel team has a proven history of rethinking energy distribution for everything from large utility customers to distributed energy resource providers. dcbel's AI-driven sustainable technologies enable people to leverage solar energy to power their cars, their homes, and their lifestyles. dcbel has numerous worldwide patents in power electronics and power conversion and is backed by a number of globally respected investors.

Volinergy

Non Equity Assistance in 2022
Volinergy is a company specialized in the electrification of airways through innovative battery module technologies related to battery thermal and energy management, mechanical assembly and software deployment. The electrification of air transport is very promising, but is limited by the battery systems that bring important limitations. The first main problem is related to the autonomy of the vehicle which is directly linked to the low energy density of Li-ion cells. The second problem is the low durability of the batteries that require frequent system changes, which is expensive and not optimal for high volume deployment. The third issue is battery safety since Li-ion cells have an intrinsic thermal runaway problem. Volinergy has developed new technologies around energy management, thermal management, mechanical assembly and data management. All together, these technologies allow to better cool the battery system and to avoid the propagation of a thermal runaway, while better managing the energy to reduce losses and inaccessible energy and finally to better process the data at the Li-ion cells. The technologies are appropriately protected according to their use and novelty. Volinergy sells battery modules as a product and a SaaS platform, which is based on Artificial Intelligence (AI) and Machine Learning (ML) algorithms.

FLO

Series C in 2020
AddÉnergie Technologies Inc. is a leading Canadian company specializing in smart charging solutions for electric vehicles. Established in 2009 and based in Québec, the company develops, manufactures, and operates a range of charging stations tailored for various market segments, including the public sector, employers, multi-residential buildings, and fleets. Its product offerings include the SmartTWO and SmartDC charging stations for commercial and industrial use, as well as specialized solutions like the CoRe+ charger for private areas and the Curbside Charger. AddÉnergie is also the provider of the Electric Circuit and VERnetworkTM, two of Canada’s largest charging station networks, which collectively feature over 2,000 charging stations. The company supplies both the hardware and software necessary for managing these networks, and it is poised to expand its operations through new partnerships and networks internationally.

Eocycle

Venture Round in 2020
Eocycle Technologies Inc. develops, manufactures, and commercializes wind turbines for distributed wind energy applications. The company offers direct-drive wind turbines, custom generators/motors, and transverse flux permanent magnet generators/motors. It serves farms, ranches, greenhouses, and vineyards; residences; schools, colleges, and universities; governmental and institutional facilities, including office buildings, pumping stations, water treatment facilities, parks, arenas, stadiums, museums, and rest areas; retail businesses and small- or medium-size enterprises; golf courses, ski resorts, training centres, hotels, and recreational parks; rural electrification for developing countries; and isolated sites and remote areas where diesel-powered generation is used for producing electricity. The company offers its products through dealers worldwide. Eocycle Technologies Inc. was incorporated in 2000 and is headquartered in Gaspé, Canada.

Powerside

Series A in 2017
Power Survey is a leading provider of high quality power factor correction and harmonic filtering products and services, specializing in customized, low to medium voltage solutions. The company is dedicated point of contact to improve power quality. The company helps commercial and industrial energy customers reduce utility charges, equipment damage, and operational issues stemming from poor power factor and harmonic issues. They also support utilities to achieve their goals toward a more reliable and efficient grid to cope with the increasing energy demand while reducing the carbon footprint.

Eocycle

Debt Financing in 2017
Eocycle Technologies Inc. develops, manufactures, and commercializes wind turbines for distributed wind energy applications. The company offers direct-drive wind turbines, custom generators/motors, and transverse flux permanent magnet generators/motors. It serves farms, ranches, greenhouses, and vineyards; residences; schools, colleges, and universities; governmental and institutional facilities, including office buildings, pumping stations, water treatment facilities, parks, arenas, stadiums, museums, and rest areas; retail businesses and small- or medium-size enterprises; golf courses, ski resorts, training centres, hotels, and recreational parks; rural electrification for developing countries; and isolated sites and remote areas where diesel-powered generation is used for producing electricity. The company offers its products through dealers worldwide. Eocycle Technologies Inc. was incorporated in 2000 and is headquartered in Gaspé, Canada.

FLO

Venture Round in 2016
AddÉnergie Technologies Inc. is a leading Canadian company specializing in smart charging solutions for electric vehicles. Established in 2009 and based in Québec, the company develops, manufactures, and operates a range of charging stations tailored for various market segments, including the public sector, employers, multi-residential buildings, and fleets. Its product offerings include the SmartTWO and SmartDC charging stations for commercial and industrial use, as well as specialized solutions like the CoRe+ charger for private areas and the Curbside Charger. AddÉnergie is also the provider of the Electric Circuit and VERnetworkTM, two of Canada’s largest charging station networks, which collectively feature over 2,000 charging stations. The company supplies both the hardware and software necessary for managing these networks, and it is poised to expand its operations through new partnerships and networks internationally.

Powerside

Series A in 2016
Power Survey is a leading provider of high quality power factor correction and harmonic filtering products and services, specializing in customized, low to medium voltage solutions. The company is dedicated point of contact to improve power quality. The company helps commercial and industrial energy customers reduce utility charges, equipment damage, and operational issues stemming from poor power factor and harmonic issues. They also support utilities to achieve their goals toward a more reliable and efficient grid to cope with the increasing energy demand while reducing the carbon footprint.
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