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.

Desjardins Capital is the private equity and venture capital arm of Mouvement des caisses Desjardins, based in Quebec, Canada. It provides growth capital, mezzanine, and select debt financing to early-stage through mature companies across industrial, manufacturing, technology, and service sectors, with emphasis on health care, life sciences, and biotechnology. The firm also supports cooperatives, including worker-owned and housing cooperatives, and network cooperatives, financing development, acquisitions, expansions, and succession plans. It primarily invests in Quebec and surrounding regions, and can finance growth, acquisitions, management buyouts, and modernization. Investments may be equity or debt, including unsecured loans, with instruments ranging from senior debt to equity, and tenures typically five to eight years for equity and three to five years for debt. The firm often takes minority stakes with board participation. It does not invest in natural resource exploration or financial services. Desjardins Capital traces its roots to 1974 and operates within the Desjardins Group.

Founded in 1953, BDC Capital is a Canadian investment firm specializing in growth and expansion financing. It focuses on information technology, technology, energy, cleantech, and healthcare sectors across Canada.

Real Ventures is a Canada-based early-stage venture capital firm founded in 2007 and based in Montreal. It backs early-stage Canadian technology startups and supports entrepreneurs who aim to build successful, global companies. The firm provides stage-specific guidance, mentorship, and access to networks and resources to accelerate founders' growth. By strengthening the Canadian startup ecosystem, Real Ventures helps teams with product development, go-to-market planning, and fundraising through connections to experienced operators, partners, and peers. Its active portfolio includes more than 100 companies valued at about $10 billion, illustrating its broad impact on Canada's technology landscape.

Anges Québec is a network of more than 230 angel investors focused on accelerating innovation in Québec by providing capital and time to early-stage companies across sectors. The collective has invested more than 80 million in the Québec economy, making more than 210 investments in over 115 innovative companies. Through its professional development center, Anges Québec supports its members with ongoing knowledge and skills development in investment practice.

Inovia Capital is a Montreal-based venture capital firm that backs software-enabled startups with global ambitions. The firm operates as a full-stack investor across early and growth stages, providing capital, coaching, and access to a broad network of talent in Canada, the United States, and Europe. It focuses on software-as-a-service and related sectors such as commerce, digital health, enterprise platforms, the future of work, security, travel, and hospitality, and emphasizes an operator mindset to help founders build influential and enduring businesses.

Cycle Capital Management Inc., established in 2009, is a Montreal-based venture capital firm specializing in late-stage investments in clean technology and renewable energy sectors. It focuses on companies in the development and commercialization phases, with a particular interest in biomass, green transportation, green buildings, and smart grid technologies. The firm invests primarily in North America, with a focus on Canada, and typically allocates between CAD $0.1 million and CAD $8 million per portfolio company. Cycle Capital takes minority stakes and provides advisory services to its investees, aiming to hold investments for five to seven years. It manages multiple funds totaling CAD $230 million in assets under management.

Anges Québec, established in 2008, is a Montreal-based venture capital firm that operates an angel investor network. It specializes in seed and early-stage investments, primarily in manufacturing, healthcare, renewable energy, retail, and technology sectors across Canada. The firm connects experienced investors with entrepreneurs seeking funding, with individual investments ranging from $25,000 to $100,000 and group investments from $250,000 to $1,000,000 per project. Anges Québec's extensive network and expertise make it a significant player in Canada's startup ecosystem.

TandemLaunch is an accelerator based in Montréal, Canada that scouts, accelerates, and commercializes early-stage technologies from universities, in close partnership with major consumer electronics brands. The program provides entrepreneurs with mentorship, turn-key engineering and business resources, and up to $800k in seed financing. Graduates can pursue additional investment through TandemLaunch Ventures and its network of more than 50 limited partners. Founded in 2010, the company focuses on supporting early-stage technology ventures and aims to bring academic innovations to international markets through collaborative ecosystem partnerships.

Panache Ventures is a Canadian early-stage venture capital firm that focuses on pre-seed and seed investments in technology startups. Founded in 2018, it maintains an office network across Montreal, Calgary, Vancouver, Toronto, and San Francisco. The firm backs companies in artificial intelligence, cybersecurity, blockchain, virtual reality, enterprise software and data analytics, fintech, digital health, B2B software, consumer tech, property technology, and supply chain, among other technology-driven sectors. Panache seeks to support ambitious startups with potential for scale, emphasizing opportunities in Canada while enabling cross-border activity into the United States.

Established in 2012, AQC Capital is a Montreal-based venture capital firm focused on investing in early-stage (pre-seed and seed) technology companies within the province of Quebec.

White Star Capital is a global multi-stage technology investment firm and venture platform headquartered in New York, with a presence across North America, Europe and Asia. It backs exceptional entrepreneurs building ambitious, internationally scalable tech companies, helping portfolio founders scale their businesses from Series A onwards through its experience, networks and value-add support. The firm invests across software, information technology and digital assets, operating a core venture program and a dedicated digital asset strategy that backs crypto networks and blockchain-enabled businesses. Its offices span New York, London, Montreal, Toronto, Paris, Tokyo and Hong Kong, enabling it to partner with founders to expand internationally.

Front Row Ventures is a venture capital firm based in Montreal, Quebec, founded in 2016. It funds student-led technology startups in Canada, with seed investments up to 25,000 CAD per venture, and seeks to grow startup and venture capital culture on Montreal campuses by supporting students to learn, start, and scale technology ventures.

Founded in Toronto in 2007, Lumira Ventures is a venture capital firm focusing on investments in biotechnology, biopharmaceuticals, medical devices, digital health, and consumer health companies. With offices across North America, the firm invests primarily in Canada and the United States, typically allocating between USD 5 million to USD 15 million per investment. Lumira Ventures actively supports its portfolio companies by facilitating access to funding sources, partners, and market opportunities.

Founded in 2013, Impression Ventures is a Toronto-based venture capital firm specializing in early-stage investments in the Fintech sector. It focuses on technology and software companies across various sectors such as consumer, SMB, enterprise, e-commerce, financial applications, SaaS, and online financial services. The firm typically invests in Ontario, Toronto, Ottawa, Montreal, and Quebec-based companies, with a focus on series A and B rounds.

TechnoCap is a Canadian investment firm specializing in private equity and venture capital investments in technology companies across Canada. Founded in 1993 and based in Montreal, Quebec, it targets small and medium-sized technology firms, supporting early-stage and growth opportunities across sectors such as information technology, telecommunications, software, mobile, electronics, instrumentation, energy, environment, and healthcare.

Established in 2016, Innovexport is a venture capital firm headquartered in Quebec City, Canada. It focuses on investing in international markets with a strategic emphasis on the manufacturing, software, and artificial intelligence sectors.

Echo Capital Inc. is a Canadian venture capital firm based in Montreal, specializing in startup and growth capital investments primarily in the technology sector, with a focus on telecommunications, linguistic technology, and manufacturing. The firm targets small and medium-sized private companies located in the Outaouais region and the city of Gatineau, typically making debenture and equity investments of up to $1 million per portfolio company. Echo Capital excludes investments in real estate and retail businesses. The firm manages the Echo Capital FIER Outaouais fund, which primarily invests in Québec companies through loans, with Investissement Québec as its main investor, alongside Desjardins Venture Capital and various private investors from the Montreal financial community. The National Capital Region, where the firm operates, is recognized for its high concentration of technology companies. Echo Capital's management team possesses diverse expertise in areas such as financing, mergers and acquisitions, business valuation, and due diligence, and they maintain a robust network of relationships with other private equity funds.

Founded in 2023, Linearis Ventures is a venture capital firm based in Montreal, Canada. It invests in innovative life sciences companies focused on preventing, detecting, and curing diseases through direct investments. The company brings together experts in biomarker discovery, drug development, healthcare innovators, and AI pioneers to support discoveries that transform healthcare systems and improve patient care.

Founded in 2017, Holt Xchange is a venture capital firm based in Montreal, Canada. It focuses on investing in early-stage fintech companies operating in sectors such as digital banking, payments, real estate tech, and cybersecurity.

Established in 2001, Sustainable Development Technology Canada (SDTC) is a Canadian organization that funds and supports innovative cleantech projects. It focuses on moving groundbreaking technologies to market, creating jobs, driving economic growth, and promoting environmental benefits. SDTC operates independently but collaborates with various stakeholders from private industry, academia, and governments.

Ecofuel is a venture capital fund specialized in cleantech startups. The Ecofuel Fund invests “smart money” in seed and early stage companies that develop and commercialize clean technologies. The Ecofuel Fund has $40.6 millions in assets under management and is sponsored by the following investors: Investissement Québec, acting as mandatory of the Government of Quebec, BDC Capital, the investment arm of the Business Development Bank of Canada (BDC), Fondaction, the Fonds de solidarité FTQ and the Quebec consortium for industrial bioprocess research and innovation (CRIBIQ) .

Founded in 2005, Champlain Financial is a Montreal-based merchant bank that invests in small to mid-market companies. Its team of seasoned professionals offers strategic direction and operational expertise to portfolio companies, focusing on sectors such as consumer goods, retail distribution, healthcare, and niche manufacturing.

BoxOne Ventures is a Montreal, Canada-based venture capital firm founded in 2018 that concentrates on early-stage investments across a broad spectrum of sectors including biotechnology, bioengineering, computational biology, life sciences, deep tech, data analytics, artificial intelligence and machine learning, healthcare, engineering, fintech, agtech, agriculture technology, food technology, and e-commerce. The firm invests its own capital and brings hands-on operational experience to support founders from the earliest stages through growth, often acting as the first cheque and providing capital, expertise, and a network to help entrepreneurs navigate their journey while avoiding unnecessary interference.

Founded in 1999, Brightspark is a Toronto-based venture capital firm specializing in early-stage investments in technology companies across Canada.

First Ascent Ventures is a Toronto-based venture capital firm, founded in 2015, with additional offices in Montreal and San Francisco. It concentrates on early-stage technology investments, primarily Series A and B rounds in enterprise B2B software and related domains such as cloud, big data, analytics, artificial intelligence and machine learning, mobility, IoT, and 5G-enabled solutions. The firm typically commits CAD 5 million to CAD 10 million per company and often takes a board seat to guide growth and strategic execution. While its origins center on Canadian technology companies, it pursues cross-border opportunities in the United States as well, leveraging its experience to help management teams achieve scale and pursue exits.

Established in 1984 by Charles Sirois, currently serving as Chairman and CEO, Telesystem is a Canadian private corporation focused on creating, acquiring, financing, and managing companies within the information and communication technologies sector globally.

Founded in 2022, Triptyq Capital is a venture capital firm based in Montreal, Canada. It focuses on investing in pre-seed and seed-stage technology companies within digital entertainment and interactive media sectors, including gaming, AR/VR/XR, web3, sports tech, music, social platforms, creator economy, animation, and 3D.

Rho Capital Partners is a principal investment firm established in 1981 and headquartered in New York, with additional offices in Palo Alto and Montreal. It pursues direct investments and fund of funds strategies, targeting seed through growth stages across technology, media, communications, healthcare, life sciences, energy technology, and related fields, including software (notably SaaS), mobile, semiconductors, and IT. The firm pursues global opportunities, with activity in North America and Europe, and has historically invested in ventures across early to late stages, taking minority and majority positions. It operates four divisions—Rho Ventures, Rho Canada Ventures, Rho Fund Investors, and Rho Acceleration—through which it backs high-growth entrepreneurs and helps scale innovative companies. The firm also invests in venture capital funds and aims to support companies that redefine industries, emphasizing unconventional ideas and long-term impact.

Founded in 1994, Pappas Capital is a venture capital firm specializing in life sciences. It invests in biotechnology, biopharmaceuticals, medical devices, and related ventures across North America, with a focus on preclinical to Phase 3 companies.

Founded in Montreal, Canada in 2006, CTI Life Sciences is a venture capital firm focusing on investments in the life sciences sector. It primarily invests in biotechnology, medical technology, and pharmaceutical companies at the pre-clinical to proof-of-concept stages, with a secondary focus on proof-of-concept to Phase III stages. The firm prefers investments in North America, particularly the United States and Canada.

GO Capital is a venture capital fund with a total capital of $50 million, dedicated to supporting emerging technology firms in Quebec. The fund specifically targets companies in advanced technologies, information technology, life sciences, and telecommunications that are seeking financing. GO Capital matches investments dollar for dollar with the Business Development Bank of Canada (BDC), effectively doubling the available capital to $100 million for selected firms. Additionally, FIER Partners has committed to investing $25 million as part of a new stream of seed funding aimed at technology companies. Other contributors to the fund include the BDC, the Caisse de dépôt et placement du Québec, the Solidarity Fund QFL, and Fondaction, which together enhance the financial resources available to support these young enterprises.

Founded in Montreal, Canada in 2021, Boreal Ventures is a venture capital firm focusing on investments in early-stage companies operating within Medtech, Healthtech, Artificial Intelligence, Semiconductors, Cleantech, Industry 4.0, and other science-based innovations.

Troilus Gold is a Canadian development-stage resource company focused on the potential restart and mineral expansion of the former producing Troilus gold and copper mine in Quebec.

Portage Ventures L.P. is a venture capital firm that specializes in early stage and startup investments. It typically makes investment in the technology sector with a focus on fintech companies, digital wealth management, insurance, personal and small business finance as well as applications of enabling technologies such as Artificial Intelligence in a financial services context and businesses that are consumer facing. The firm prefers to make investments globally and in companies that operate in Canada, Asia-Pacific and also in Europe with a focus on Germany. It seeks to make a minimum investment of $0.25 million in a business. Portage Ventures L.P. was founded in October 2016 and is based in Toronto, Canada with additional offices in Montreal, Canada; New York, New York and Paris, France. It operates as a subsidiary of Sagard Holdings ULC.

Amplitude Ventures is a Montreal-based venture capital firm that backs early-stage and growth companies in healthcare and life sciences. It focuses on Canadian opportunities with offices in Montreal, Toronto and Vancouver to support national and cross-border growth. The firm targets biotechnology, precision medicine, diagnostics, medical devices, drug delivery, monitoring equipment and health-tech solutions, and aims to translate scientific advances into patient impact. It partners with management teams to build scale and applies a disciplined, evidence-based investment approach to identify and back leading Canadian companies across North America.

Avrio Capital Inc. is a venture capital and private equity investment firm based in Alberta, Canada, with additional offices in Ontario and Quebec. Established in 2006, the firm specializes in investing in commercialization to growth-stage companies, focusing on later-stage, early-stage, mid-venture, middle-market, and emerging growth businesses. Avrio Capital targets companies in sectors such as food technology, advanced agriculture, industrial bioproducts, and nutraceutical ingredients, particularly those addressing global challenges in health, wellness, and sustainability. The firm typically invests between CAD $1 million and CAD $10 million in companies with sales values ranging from CAD $1 million to CAD $20 million, reserving significant capital for future financing rounds. Avrio Capital takes an active role in its investments, aiming to support the long-term growth of its portfolio companies throughout their development.

CIC Capital Ventures is a private equity and venture capital firm that focuses on investing in startup and middle-market companies, primarily in the technology sector, healthcare, food and beverage, manufacturing, consumer goods, business services, aeronautics, and media. The firm typically invests in companies located in Quebec, Ontario, and the northeastern United States, with growth capital investments ranging from $3 million to $50 million and venture capital investments from $0.5 million to $5 million. CIC Capital Ventures aims to take both majority and minority stakes in its portfolio companies. Headquartered in France, the firm has a presence in several countries, including Germany, Switzerland, the UK, Canada, and the USA, which allows it to engage closely with its portfolio companies and support their international development. It operates as a subsidiary of CM-CIC Investissement.

Founded in 2022, Blue Vision Capital is a Montreal-based venture capital firm focused on investing in seed-stage startups that demonstrate innovative solutions to climate change. The company targets investment themes within renewable energy, mobility, agriculture (ag-tech), and the circular economy.

Teralys Capital, established in 2009 and headquartered in Montreal, Canada, is a fund of funds management firm specializing in venture capital investments. The company primarily invests in Canadian venture capital and growth-oriented funds, with a focus on information technology, life sciences, and cleantech sectors. Teralys Capital allocates a significant portion of its capital to early-stage companies and also invests in growth, expansion, and technology buyout funds. The firm's investment strategy includes a mix of direct fund investments and secondary market transactions, with a preference for Canadian-based funds, particularly those from Quebec.

One Way Ventures is a Boston-based venture capital firm that backs seed and early-stage technology startups, with a focus on immigrant founders. It invests in software, fintech, and other digital-sector companies across the United States and Canada and aims to help them scale globally from a US-centric base. Founded in 2017, the firm operates from Boston and maintains offices in Montreal and Mountain View to connect with founders across North America.

Entrepia Ventures is an investment firm established in 1999 and headquartered in Roseland, New Jersey, with additional offices in Montreal, New York, and Tokyo. It specializes in funding seed-stage to expansion-stage private companies, primarily focusing on the information technology sector, including multimedia and mobility applications, web-based solutions, core technologies, and information technology infrastructure. The firm predominantly invests in Japan and other Asian markets, actively supporting its portfolio companies in business development by leveraging strategic relationships for distribution, joint ventures, and partnerships with Japanese firms. Entrepia Ventures combines its extensive experience in the region with on-the-ground presence to provide essential resources and guidance, enhancing the success potential of its investments. Additionally, it invests in Japanese start-ups and seed businesses that can benefit from its cross-border operations.

adMare Bio innovations is a global life sciences venture, building Canadian life sciences from sea to sea.

Propulia Capital is a venture capital firm based in Montreal, Canada. It invests across seed, early, and later stages in technology companies, with a focus on artificial intelligence.

Founded in Montreal, Canada, BCF Ventures is a venture capital firm focusing on seed-stage investments in technology companies across North America and Europe. It prioritizes sectors such as finance, healthcare, education, logistics, artificial intelligence, big data, and security.

Founded in 2012, Ferst Capital Partners is a venture capital firm based in Montreal, Canada. The company focuses on investing in consumer fintech and digital assets.

Sanderling Ventures is a venture capital firm established in 1979 and headquartered in San Mateo, California, with additional offices in San Diego and Montreal. It focuses on seed and early-stage investments in the biomedical and healthcare technology sectors, while also participating in later-stage financings. Its portfolio targets opportunities in biotechnology, life sciences, therapeutics and pharmaceuticals, drug delivery, medical devices and instrumentation, imaging and diagnostics, medical informatics, healthcare information technology, eHealth, and healthcare services. The firm seeks opportunities across the United States and Canada.

ID Capital is a venture capital management firm based in Montreal, Canada, founded in 2006. The firm focuses on investing in innovative start-up businesses located in Quebec, specifically targeting companies that have developed unique technologies or products with strong intellectual property. ID Capital seeks to support enterprises that address specific needs in large potential markets, emphasizing early-stage and growth capital investments.

Founded in 1998, ProQuest Investments is a healthcare venture capital firm with over $875 million under management. Based primarily in Princeton, New Jersey, with additional offices in San Diego and Montreal, the company invests in healthcare companies seeking financings ranging from seed to late-stage. Their portfolio spans diverse therapeutic categories, including oncology, pain, and infectious disease.

Argo Global Capital is a venture capital and private equity firm established in 1997, headquartered in Wakefield, Massachusetts, with additional offices in Hong Kong, London, and Montreal. The firm specializes in all stages of growth, from start-ups to buyouts, with a particular emphasis on expansion stage financing. Argo Global Capital focuses on investing in companies at the intersection of wireless communications and the Internet, targeting sectors such as mobile commerce, entertainment, and wireless applications. The firm typically makes initial investments ranging from $4 million to $7 million, with total investments averaging between $8 million and $12 million. Argo Global Capital prefers to act as a lead investor and often seeks board representation in its portfolio companies.