Led · Equity · Apr 2026

SmartD Technologies develops SiC-based variable-speed drives that it says feed motors with true sine waves, enabling filter-free drive systems that meet IEEE 519 harmonic recommendations (under 5% THDi). Its Clean Power drives use wide-bandgap SiC devices and multilevel inverter (MLI) topology to reduce switching losses, improve efficiency, lower torque ripple, and eliminate the need for external harmonic and output filters. The company reports growing commercial momentum and adoption in sectors such as water infrastructure and data centres and says it is transitioning from innovation to scale. SmartD claims its technology cuts capital and operating costs by removing external filters and oversized infrastructure, allows long cable runs, and extends motor and electrical infrastructure life. The firm is focused on scaling deployment across global markets following recent funding.

Led · Seed · Apr 2026

Relocalize develops autonomous, robotics- and AI-driven micro‑factories that manufacture 100% water‑based cold packs for last‑mile deliveries in food and pharmaceutical cold chains. The company is moving from initial pilot projects to commercial deployment, beginning with the construction of its first micro‑factory in Montreal. It has signed a confidential supply agreement with a major food cold‑chain customer to support rollout. Leadership includes CEO and cofounder Wayne McIntyre, who framed the Montreal facility as both a supply hub and a demonstration of the technology. Relocalize announced financing to support deployment, including a $7M seed extension and structured deployment capital from CVW Sustainable Royalties that can total up to $22.5M.

Participated · Seed · Jan 2026

Founded in 2020 in Montreal, Billdr has evolved from a home-renovation marketplace into a vertical SaaS provider focused on eliminating operational bottlenecks for general contractors. Its cloud platform centralizes customer relationship management, estimating, invoicing, project and team management, and payment processing, while layering in AI to automate routine workflows. The company currently serves hundreds of contractors across Canada and the United States. With its new capital, Billdr plans to deepen its AI capabilities, add financial infrastructure such as bill pay and lending, and introduce real-time building-material pricing. These enhancements are aimed at expanding the product’s value proposition and accelerating adoption across North America. Revenue figures were not disclosed, but the company’s user traction underscores demand for modernized contractor tools.

Participated · Series D · Jan 2026

Founded in 2016, Vention offers an "Apple-like ecosystem" that merges engineering CAD software with a catalog of modular hardware so factory teams can build automated workstations without coding. Its physical AI layer applies machine-learning-driven perception and motion planning, while generative AI tools allow customers to design full robot fleets in minutes. The platform is used in more than 4,000 factories worldwide by clients such as Boeing, L’Oréal, and Lockheed Martin, and the company now employs roughly 330 people. CEO Etienne Lacroix reports that 70 % of users are in the United States, 20 % in Europe, and 10 % in Canada. Vention surpassed a $100 million CAD annual run rate in late 2023, demonstrating strong commercial traction. With fresh capital, the firm plans to deepen its physical AI research, add new software features, and scale its European operations through its German offices.

Participated · Seed · Oct 2025

Founded in 2020 by Patrick Murphy, Stéphane Turbide, and Simon Vallée, Maket positions itself as the “ChatGPT for architecture,” embedding expert design logic into an intuitive generative-AI workflow. Users input basic project parameters and the software produces customised floor plans, allows real-time layout edits, and renders 3D visualisations, while offering AI-driven design recommendations. Key features include rapid floor-plan generation, style exploration, and an impending regulatory assistant that checks zoning code compliance; Maket 2.0, slated for early 2026, will add HVAC planning and material take-offs. The product is sold via subscription starting around $30 CAD per month, with larger enterprise tiers for builders and prefab manufacturers. Since launching publicly in 2023, the company has attracted more than one million registered users and grown to roughly 14–15 employees. To date it has raised over $4 million CAD in total funding, fuelled by a recent seed round.