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AQC Capital

3 Place Ville-Marie, Suite 1-100, Montréal, QC, H3B 0E7, Canada

Overview

Investment fund supporting angel investors in innovative startups.

Founded

2012

Deals · 12mo

7

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed

Geographic focus

Canada

Sector focus

Financial Services

Investment portfolio

20rounds
NAMEDATESIZE
Élisa Interactive
Aug 2026Participated
$0.88 MSeed
Solving.AI
Jul 2026Led
$0.78 MSeed
SELLIT9
Jun 2026Participated
$3 MSeed
Pricepoint
Jun 2026Participated
$7 MSeed
Jetty
May 2026Led
$2 MSeed
Coral
Mar 2026Led
$3 MOther Equity
FrontlineIQ
Oct 2025Led
$3 MSeed
Uno Platform
Aug 2025Led
$3 MSeed
Moselle
Oct 2024Led
$2 MSeed
ReliON
Jul 2024Participated
$2 MOther Equity
Propulso
Jun 2024Participated
$2 MOther Equity
Saguaro Technologies
Jun 2024Led
$3 MSeed
Élisa Interactive
Aug 2026Participated
$0.88 MSeed
Solving.AI
Jul 2026Led
$0.78 MSeed
SELLIT9
Jun 2026Participated
$3 MSeed
Pricepoint
Jun 2026Participated
$7 MSeed
Jetty
May 2026Led
$2 MSeed
Coral
Mar 2026Led
$3 MOther Equity
FrontlineIQ
Oct 2025Led
$3 MSeed
Uno Platform
Aug 2025Led
$3 MSeed
Moselle
Oct 2024Led
$2 MSeed
ReliON
Jul 2024Participated
$2 MOther Equity
Propulso
Jun 2024Participated
$2 MOther Equity
Saguaro Technologies
Jun 2024Led
$3 MSeed
20
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Deal Distribution

AQC Capital: 20 funding rounds are recorded in the selected participation categories.All available history.
AQC Capital: 20 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed94
Series A03
Other Equity13

Monthly Deal Activity

AQC Capital: 20 deals are recorded across 56 months.All available history.
AQC Capital: 20 deals are recorded across 56 months. All available history
MonthDeals
Mar '221
Apr '220
May '220
Jun '221
Jul '221
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '232
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '241
Feb '240
Mar '240
Apr '241
May '241
Jun '242
Jul '241
Aug '240
Sep '240
Oct '241
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '251
Sep '250
Oct '251
Nov '250
Dec '250
Jan '260
Feb '260
Mar '261
Apr '260
May '261
Jun '262
Jul '261
Aug '261
Sep '260
Oct '260

Sector Breakdown

AQC Capital: Health & Life Sciences is the largest displayed sector by deal count (7 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

AQC Capital: Health & Life Sciences is the largest displayed sector by deal count (7 deals). All available history
SectorDeals
Health & Life Sciences7
Enterprise Software5
AI & Machine Learning5
E-Commerce & Retail3
Fintech3
Education & Workforce2
Transportation & Logistics2
Marketing & Advertising2
Developer Tools2
Clean Energy & Sustainability1
Data, Analytics & IT1
Networks, Cloud & Communication1
Hardware & Robotics1
Food & Agriculture1
Gaming & eSports1

Deal Size Distribution

AQC Capital: 20 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

AQC Capital: 20 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M14
$5M-$10M4
$10M-$25M2
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

AQC Capital: Canada has the largest recorded deal count among the displayed regions (18 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

AQC Capital: Canada has the largest recorded deal count among the displayed regions (18 deals). All available history
RegionDeals
Canada18
United States1
H1w 2m11
AQC Capital: 20 co-investors are shown, with Anges Québec sharing 13 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

AQC Capital: 20 co-investors are shown, with Anges Québec sharing 13 recorded deals. All available history
Co-investorShared deals
Anges Québec13
Investissement Québec6
BDC Capital3
MaRS3
Boreal Ventures2
Brightspark Ventures2
Desjardins Capital2
Diagram Ventures2
Formentera Capital2
Graphite Ventures2
Groupe Benoit2
Kastello2
Real Ventures2
TELUS Ventures2
Akinox1
Amiral Ventures1
Amplify Capital1
Cycle Momentum1
Ecofuel1
Emmertech1

Investment Strategy

AQC Capital: Led accounts for 50% and participating for 50% of round participation.All available history.
AQC Capital: Led accounts for 50% and participating for 50% of round participation. All available history
CategoryDeals (count)Share (%)
Led1050%
Participating1050%
AQC Capital: Single-lead accounts for 20% and co-led for 80% of lead dynamics.All available history.
AQC Capital: Single-lead accounts for 20% and co-led for 80% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead220%
Co-led880%

Team

David Dufresne

Partner

Kalthoum Bouacida

Member Board of Directors