Participated · Series E · May 2026

Photonic pursues a distributed approach to quantum computing through its Entanglement First architecture, which combines silicon-based qubits with native photonic connectivity to enable scaling across existing telecom fiber infrastructure. The company positions this architecture as a path toward fault-tolerant, commercial-scale quantum systems that can interoperate with global cloud and telecom networks. Photonic is engaged in programs including Canada’s Quantum Champions Program and Stage B of DARPA’s Quantum Benchmarking Initiative. With the recent financing, Photonic has raised over $350 million USD to date and closed a round valuing the company at $2.0 billion USD post-money. The firm says it will use the new capital to advance platform development, deepen telecom and strategic partnerships, grow its team, and pursue near-term milestones. Investors supporting Photonic range from government development banks and national telecoms to multinational strategic and growth equity backers.

Participated · Equity · Feb 2026

Headquartered in Montreal, Mecademic builds what it touts as the world’s most compact and precise industrial robots, enabling manufacturers and labs to automate complex tasks in confined spaces. The company’s open-architecture, standards-compliant robotic arms target high-tech sectors that demand speed and micron-level accuracy. Growing faster than the broader automation market, Mecademic is experiencing heightened demand across the U.S., Europe, and Asia-Pacific regions. To capitalize, management plans to broaden its product line, scale global sales operations, and establish a larger headquarters. Governance has been strengthened with the appointment of Dominique Jodoin as Chairman and finance veteran David Massé as CFO, while the founding technical team remains in place. The fresh capital infusion positions Mecademic to deepen R&D and accelerate international expansion amid what it sees as a “period of rapid growth for automation.”

Participated · Series C · Jan 2026

Waabi builds a Physical AI platform that couples a verifiable, end-to-end AI model with an advanced neural simulator, allowing one shared ‘brain’ to control both autonomous long-haul trucks and urban robotaxis. The technology is designed to reason about the physical world and speed safe deployment of self-driving vehicles. With its latest financing, the company is focusing on accelerating commercial rollout in autonomous trucking while preparing a push into ride-hailing robotaxis through a new partnership with Uber. Waabi intends to run its robotaxi service exclusively on Uber’s platform, leveraging the additional milestone-based capital committed by Uber. The firm positions its simulator as a key competitive advantage, enabling rapid AI training and validation without excessive on-road testing. Financially, Waabi has now secured up to $1 billion USD of fresh capital, including a $750 million Series C round and contingent follow-on funding from Uber. This infusion provides significant runway to scale its engineering team, expand pilot programs, and advance toward full-scale commercialization.

Led · Series B · Jan 2026

Brickeye develops a construction IoT and risk-mitigation platform that delivers real-time monitoring, automated risk controls, and actionable insights to contractors, developers, owners, and insurers. The software integrates connected sensors with analytics to detect issues early and reduce costly project delays or damages. Its services are already deployed in more than 20 countries, demonstrating meaningful global traction. The company plans to deepen its IoT-enabled software capabilities and layer in additional AI-driven services. Proceeds from the latest funding will also be used to hire additional engineering and field operations staff. Brickeye intends to expand sales across North America and into international regions such as the Middle East, South America, and Europe. While revenue figures were not disclosed, the company’s customer base and geographic footprint highlight growing market adoption.

Participated · Equity · Nov 2025

Founded in 2019 by Alexa Suter, Huha creates women’s underwear, bras, tanks, boxers and shorts designed for health, comfort, and performance. Its flagship Mineral Undies line combines tree-derived TENCEL and SMARTCEL fibres with permanently embedded zinc-oxide liners to deliver breathable, antimicrobial properties aimed at supporting skin wellness. The brand positions itself as a category-defining shift in intimates, solving issues such as recurring UTIs that inspired the founder’s original concept. Huha currently offers inclusive sizing from 2XS to 3XL and focuses on meticulous fit, comfort and functional fabrics. The company has built strong consumer resonance, amplified by a successful pitch on Season 18 of Dragons’ Den. Proceeds from its recent funding will fuel continued product innovation, strengthen category leadership, and support expansion into additional markets. Although specific revenue or user figures were not disclosed, District Ventures Capital cited “impressive momentum” as a key investment rationale.