BrainBox AI Inc. is a Montreal-based company founded in 2017 that specializes in developing artificial intelligence solutions for building energy management. The company focuses on optimizing heating, ventilation, and air conditioning (HVAC) systems through its autonomous technology, which employs cloud-based computing and deep learning algorithms. By analyzing data generated from building operations, BrainBox AI provides predictive maintenance modules and fault detection diagnostics, helping building operators enhance energy efficiency and reduce operational costs. The technology allows buildings to operate autonomously, contributing to significant energy savings and lower carbon emissions.
HaiLa Technologies Inc.
Grant in 2021
HaiLa Technologies Inc. develops a wireless connectivity platform designed for remote data capture and management devices, with a focus on Internet of Things (IoT) applications. The company provides sensors and software that facilitate the semi-passive transmission of data using ambient waves, allowing for the broad deployment of IoT sensors within existing network infrastructures. HaiLa's products cater to various sectors, including smart homes, agriculture, industrial applications, wearables, implantable medical devices, and automotive. Founded in 2017 and originally known as Wavelite, the company rebranded to HaiLa Technologies Inc. in June 2019. It operates from its headquarters in Montreal, Canada, with additional offices in Copenhagen, Denmark, and San Francisco, California. The company's mission is to enable sustainable scaling of IoT deployments through significant reductions in power consumption, thereby eliminating the need for sensor batteries.
Flyscan Systems Inc. is a Québec-based company established in 2015, specializing in the development of airborne technology for detecting oil leaks in pipelines. The company's innovative platform automates the identification of small oil leaks and offers various visual inspection functions tailored for the energy sector. By utilizing industrial optics and photonics systems mounted on airborne vehicles, Flyscan provides remote detection services that enable clients to monitor underground pipelines effectively. This technology helps clients promptly address any leakages, thereby mitigating potential environmental damages.
Maxen
Pre Seed Round in 2021
Maxen is a Montreal-based company focused on reducing the environmental footprint of buildings by enhancing energy efficiency and operational management. The company develops management systems that allow building managers to optimize their operations and energy processes. Maxen's platform facilitates equipment audits compatible with computerized maintenance management systems, integrating seamlessly with clients' building management systems. This approach enables businesses to achieve centralized, structured, and accessible operations management, ultimately promoting sustainable practices within the built environment.
Effenco is an autotech company focused on the electrification of heavy-duty vehicles and connected mobility within the transport sector. Established in 2006 and headquartered in Montréal, Quebec, the company has developed the Active-Stop-Start electric hybrid technology, which enhances the energy efficiency of heavy goods vehicles and reduces greenhouse gas emissions by 30%. This innovative system utilizes ultracapacitor-based technology to electrify the propulsion and on-board equipment of vocational trucks. Effenco's solution automatically shuts down the engine when vehicles are stationary, providing electric power to essential systems such as heating, ventilation, and air conditioning. By eliminating engine use during idling, the technology significantly lowers operational costs and environmental impact, making it an attractive option for both existing and new heavy-duty vehicles. Effenco operates in the United States and Europe, leveraging extensive real-world operating data and advanced AI algorithms to support its mission of fostering a sustainable future in the transport industry.
Nouveau Monde Graphite
Grant in 2020
Nouveau Monde Graphite Inc. is a mineral exploration and development company based in Saint-Michel-des-Saints, Quebec, Canada. Founded in 2011, the company focuses on acquiring and evaluating mineral properties, primarily targeting graphite. It holds a 100% interest in the Matawinie property, which comprises 319 mining claims covering 17,585 hectares north of Montreal. Nouveau Monde is committed to operating under high environmental standards in Quebec, a region known for its mining-friendly policies. The company is developing a natural graphite-based anode material that meets battery-grade specifications to serve the growing North American lithium-ion battery market. Its operations encompass the Matawinie Mine Project and the Battery Material Plant project, emphasizing the production of graphite with a low environmental footprint to support local battery manufacturers.
PowerTree
Seed Round in 2020
PowerTree Inc., founded in 2018 and based in Montreal, Canada, develops a user-friendly software solution designed to streamline electrical maintenance for buildings. This platform enables electricians and electrical engineers to manage their documentation independently, eliminating the need for an electrical drafter. By providing real-time information about electrical infrastructure, the software enhances collaboration across departments and shifts. Additionally, it generates email alerts when predefined situations arise, allowing electricians to address issues promptly and effectively. PowerTree's focus on optimizing daily operations and maintaining up-to-date documentation supports companies in keeping their electrical systems well-managed and efficient.
Kaloom Networks
Grant in 2019
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.
Nouveau Monde Graphite
Grant in 2019
Nouveau Monde Graphite Inc. is a mineral exploration and development company based in Saint-Michel-des-Saints, Quebec, Canada. Founded in 2011, the company focuses on acquiring and evaluating mineral properties, primarily targeting graphite. It holds a 100% interest in the Matawinie property, which comprises 319 mining claims covering 17,585 hectares north of Montreal. Nouveau Monde is committed to operating under high environmental standards in Quebec, a region known for its mining-friendly policies. The company is developing a natural graphite-based anode material that meets battery-grade specifications to serve the growing North American lithium-ion battery market. Its operations encompass the Matawinie Mine Project and the Battery Material Plant project, emphasizing the production of graphite with a low environmental footprint to support local battery manufacturers.
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.
Dundee Sustainable Technologies
Grant in 2018
Dundee Sustainable Technologies Inc. specializes in the development and commercialization of innovative hydrometallurgical processes aimed at treating complex and refractory materials in the mining sector. The company focuses on two proprietary processes: the CLEVR process, which extracts precious metals while simultaneously removing and stabilizing hazardous contaminants like arsenic, antimony, and cadmium, and the GlassLock process, which stabilizes arsenic and produces an environmentally compliant glass residue. These processes enable the extraction of precious and base metals from ores, concentrates, and tailings that conventional methods cannot efficiently handle due to metallurgical or environmental challenges. In addition to its technological offerings, Dundee Sustainable Technologies provides technical services to assist mining clients in evaluating various processing alternatives. Established in 1997 and headquartered in Montreal, Canada, the company was previously known as Nichromet Extraction Inc. and became Dundee Sustainable Technologies Inc. in January 2014. It operates as a subsidiary of Dundee Corporation.
Concentric Agriculture
Grant in 2017
Concentric Agriculture Inc. is a Montreal-based company specializing in the research, development, manufacturing, and marketing of biological products for agricultural applications. Founded in 2007 and formerly known as Inocucor Technologies, the company focuses on enhancing the phyto-microbiome, which includes seeds, plants, root systems, and surrounding soil. Concentric develops innovative solutions such as the Inocucor Garden Solution, a live-cell formulation derived from microorganisms that optimizes plant growth and soil quality while helping crops withstand extreme weather conditions. The company's offerings include cell-free biological formulations for bio-stimulation and active compounds for bio-fertility and bio-protection. These products are utilized in various agricultural practices, including seed treatments, soil drenches, and foliar sprays, across traditional and organic farming, hydroponics, greenhouses, and orchards, both in Canada and internationally. Concentric Agriculture aims to provide safe and effective advancements in agtech that enhance crop yields and promote sustainable agricultural practices.
Flyscan Systems Inc. is a Québec-based company established in 2015, specializing in the development of airborne technology for detecting oil leaks in pipelines. The company's innovative platform automates the identification of small oil leaks and offers various visual inspection functions tailored for the energy sector. By utilizing industrial optics and photonics systems mounted on airborne vehicles, Flyscan provides remote detection services that enable clients to monitor underground pipelines effectively. This technology helps clients promptly address any leakages, thereby mitigating potential environmental damages.
AEPONYX Inc. is a Montreal-based company that designs and manufactures fabless micro optical switch semiconductor chips. Founded in 2011, AEPONYX specializes in creating advanced photonic integrated circuits that leverage a combination of micro-electro-mechanical systems (MEMS) and silicon photonics. These chips are specifically targeted for applications in fiber optic access to the Cloud and optical switching, facilitating enhanced tunability in both transmission and reception within pluggable transceivers. By integrating MEMS with silicon photonics, AEPONYX aims to deliver compact, high-speed, and energy-efficient solutions that support disaggregated switching systems and optical circuit switching. The company's patented technologies position it to contribute significantly to the evolution of optical communications, improving data capacity while reducing power consumption.
Orbite Technologies
Grant in 2015
Orbite Technologies is a Canadian company focused on mineral processing and resource development, specializing in clean technology. The company employs innovative and proprietary processes to produce high-value products, including alumina, rare earth oxides, and rare metal oxides, while aiming to maintain low production costs and sustainability. Its feedstocks encompass a range of materials such as aluminous clay, kaolin, bauxite, and waste residues. Orbite is finalizing its first commercial high-purity alumina production plant in Cap-Chat, Québec, and has completed basic engineering for a proposed smelter-grade alumina plant utilizing clay from its Grande-Vallée deposit. The company holds a portfolio of 16 intellectual property families, with patents granted in several countries, supporting its technological advancements. Additionally, Orbite operates a technology development center in Laval, Québec, where it continues to refine and validate its processes.
SiXtron Advanced Materials
Venture Round in 2009
Founded in 2004, SiXtron is a private, venture backed company located in Montreal, Quebec, focusing on developing anti-reflective coating solutions for the solar cell industry. Other highly scalable and cost-effective thin film coating solutions, for both the electronics industry and the industrial coatings sector, are under development. Sixtron thin films have unique optical and mechanical properties, and can be deposited without the complex requirements of hazardous silane gas.
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