• Airex Energy

  Participated · Equity · Mar 2023

  Airex Energy uses its proprietary CarbonFX™ technology to transform biomass into biochar, biocarbon and biocoal for carbon sequestration, green steel production and sustainable fuel/thermal applications. The company has operated the first and only industrial biocoal production plant in Canada since 2016 and exports solutions to the United States, Europe and Asia. Airex is advancing major projects in Québec/Canada and Europe, including upgrades to a Port‑Cartier biochar plant and plans announced with partners to build Canada’s first dedicated biochar plant. By 2026 the Port‑Cartier plant is expected to have North America’s largest annual biochar production capacity and the SUEZ–Airex partnership aims to produce 350,000 tonnes of biochar by 2035. Microsoft has chosen Carbonity, an Airex flagship project, for its carbon credits, reflecting external recognition of the company’s technology and projects. Airex Energy is a Montreal-based company that develops and delivers decarbonization solutions capable of significantly reducing greenhouse gas emissions. Its proprietary CarbonFX technology transforms biomass into environmentally friendly products such as biochar, biocoal and biocarbon. Since 2016 the company has operated Canada’s first industrial production facility specializing in biocoal and now exports its products to the US, Europe and Asia. Led by CEO Michel Gagnon, Airex plans to use recent funding to expand growth initiatives, including a Quebec biochar project tied to its partnership with Suez, which aims to boost biochar production in Europe and North America by 2035. Other initiatives include concluding agreements in Quebec’s biocarbon sector and in Asia’s biocoal sector, along with continuous improvements to its underlying technology. The company raised $38M to support these projects and accelerate commercialization.

• LeddarTech

  Led · Convertible Note · Dec 2018

  LeddarTech develops LiDAR sensors using an approach described as an advanced combination of optical-wave signal processing and software algorithms. The company relies on patented software to improve the sampling rate and resolution of LiDAR "echo" signals. Those improvements enable its LiDAR systems to capture distance information for all objects within the field of view. The article describes its core solution in technical terms but does not provide product lines or customer details. Financially, LeddarTech recently received a $59 million strategic investment. No revenue, user metrics, investors, or further financial details are provided in the report. LeddarTech is described as a global leader in flexible, robust and accurate ADAS and AD sensing technology. The company has evolved into a comprehensive end-to-end environmental sensing provider that helps customers solve sensing, fusion and perception challenges across the value chain. Core products include LeddarVision, a raw-data sensor fusion and perception platform supporting Level 2+ to Level 5 autonomy, LeddarSteer digital beam steering, and the LiDAR XLRator development solution built on the LeddarEngine. LeddarTech supports LiDAR makers and Tier 1-2 automotive system integrators and holds over 100 granted or pending patents. The company says it will use recent financing to accelerate development and commercialization and to augment engineering resources to meet demand from global OEM and Tier 1-2 customers. Management emphasizes enabling customers to deploy reliable, cost-effective ADAS and autonomous-driving solutions across brands and markets. LeddarTech provides a versatile and scalable automotive LiDAR development platform built around its LeddarEngine. The LeddarEngine pairs automotive‑grade, functional‑safety certified SoCs (LeddarCore) with LeddarSP signal‑processing software. The company’s patented technologies target ADAS and autonomous‑driving applications across automobiles, trucks, buses, delivery vehicles, robotaxis, shuttles and more. LeddarTech reports strong traction, with six tier‑1 vendors actively developing automotive‑grade LiDAR solutions based on its systems‑on‑chip and additional interest from other prospective strategic partners. To accelerate product introduction and scale its organization, the company closed a bridge financing and plans to expand its research and development teams. Management said the funds will support go‑to‑market efforts and organizational growth as it pursues further opportunities. LeddarTech is a Quebec City, Quebec, Canada-based provider of automotive-grade solid-state LiDARs. Led by CEO Charles Boulanger, the company develops Leddar, a patented solid-state LiDAR sensing technology that combines advanced light wave digital signal processing and software algorithms. Its sensors are used across automotive, intelligent transport systems, drones, and industrial vehicles. The company raised US$101 million in a Series C financing to support its growth. LeddarTech intends to use the funds to enhance its ASIC development efforts, expand its R&D team, and accelerate ongoing LiDAR development programs with select Tier‑1 automotive customers for rapid market deployment. LeddarTech supplies advanced detection and ranging systems based on patented sensing technology that performs time-of-flight measurement using pulses from infrared LEDs processed through algorithms. Its Leddar technology ranges from off-the-shelf sensor kits for makers to customized solutions for large volumes, offering integration opportunities to brand owners, integrators and OEMs. Led by CEO Charles Boulanger, the company targets a wide range of object detection under various environmental conditions. LeddarTech completed a $7M equity financing to support its growth. The company intends to use the funds to accelerate sales and marketing for its sensor modules and to support the ramp-up of its manufacturing and service operations. In coming quarters the team will focus on increasing brand visibility in key sensor markets and accelerating trial and adoption through commercial relationships with strategic customers and partners worldwide.

• Prevtec microbia

  Participated · Equity · Mar 2017

  Prevtec Microbia is a Canadian biotechnology company developing biological products for the prevention of diseases in food animals. Its core products include swine E. coli vaccines Coliprotec F4 and the bivalent Coliprotec F4/F18, the latter receiving EU-wide marketing authorization in January 2017. Coliprotec F4 has been sold across Canada since 2007 and received EU marketing authorization in March 2015. The company reports a portfolio of technologies including three commercialized vaccines and aims to become a benchmark for biological products that can replace antibiotics in animals. Prevtec received a CAD $2.5 million investment from shareholders to support the launch of its second vaccine in the EU and to expand its European team to manage demand. Its partner and distributor Elanco plans to launch Coliprotec F4/F18 in May 2017, and Prevtec targets a European swine market of about 250 million heads annually. Prevtec Microbia is a Canadian biotechnology company developing biological products to prevent diseases in food animals, headquartered in Montreal, Quebec. Its first commercial product, Coliprotec-F4, a live oral swine E. coli vaccine, has been sold across Canada since 2008 and received a positive opinion from the European Committee for Medicinal Products for Veterinary Use in March 2015. The company is working to commercialize Coliprotec-F4 in Europe and to secure approval for another vaccine in Europe. Prevtec projects a target market of roughly 250 million animals per year and, under its five-year plan, aims to position itself in 12 countries on four continents with three products commercialized. Financially, the company secured a $7.2 million financing round that includes a $2.5 million equity investment from Investissement Québec to accelerate commercialization and strategic development. Prevtec Microbia develops technologies to improve animal health and is led by Michel Fortin, President and CEO. Its core commercial product is Coliprotec®F4, an E.coli vaccine for swine, which the company has sold in Canada since 2008 and which is also registered in Brazil and other countries. In January 2015 the European Committee for Medicinal Products for Veterinary Use issued a positive opinion recommending EU market authorization for Coliprotec®F4. Prevtec has secured a distribution agreement with Elanco for commercialization of Coliprotec®F4 in the European Union. The company completed a $4.7M financing and intends to use the proceeds to increase its commercial development efforts. Up to 36% of the financing was provided by current shareholders and the remaining 64% ($3.0M) was provided by a venture fund focused on animal health.

• Real Time Imaging Technologies

  Participated · Equity · Jun 2016

  Innovative Imaging Technologies is a Montreal-based developer of Reacts, a video-collaboration platform originally built for healthcare. Launched in 2014 and led by Dr. Yanick Beaulieu, the company provides medical organizations and hundreds of health professionals across Quebec with its platform. Reacts supports video conferencing, messaging, file sharing and transfer, application and screen sharing, and integrates tools such as augmented reality and real-time image overlay. The product was initially developed to fill a void in healthcare solutions but is also positioned for training and education and other industries. Development projects are underway in Ontario, France, the United States and China. The company raised $4M to accelerate commercialization across Canada and abroad.

• SweetIQ Analytics

  Participated · Series A · Nov 2015

  SweetIQ is a Montreal-headquartered local marketing automation and analytics platform founded in 2010. It helps Fortune 500 retail brands and marketing agencies improve the online findability of physical stores, run local marketing campaigns, and measure offline in-store impact using an online-to-offline attribution model. The company powers over 100 brands and marketing agencies across North America. SweetIQ has tripled its annual revenues for a second consecutive year. It plans to use the $4.2M Series A to fuel U.S. growth, double its team to accelerate the product roadmap, and launch new partnerships with major directories and offline data providers. The company is also adding new offline data sources to further enhance attribution and to enable prediction of foot traffic.

No current team members are available.