Participated · Series A · Jan 2022

Botpress provides an end-to-end platform for building, deploying, and managing AI agents, offering the infrastructure layer to run autonomous agents safely, reliably, and at scale. The company serves thousands of customers across industries including customer support, fintech, IT services, and consumer tech. Headquartered in Montreal, Quebec, Botpress focuses on enterprise-grade agent infrastructure and conversational AI tooling. The company plans to use its new funding to enhance platform development, expand global customer support, and scale engineering and go-to-market teams. Financially, Botpress completed a $25.0M Series B in June 2025 to accelerate product development and commercial expansion. Botpress provides an open-source toolkit that helps developers build conversational AI applications, using human language as the user interface instead of traditional GUIs. The company says its tooling reduces complexity for developers and integrates with normal developer workflows. Since releasing the first version in 2017, Botpress has attracted more than 100,000 developers worldwide, including users at Fortune 500 companies. It offers a commercial open-source product today and plans to invest in a turnkey cloud offering to simplify deployment and scaling. Botpress currently has 25 employees and intends to triple headcount over the next year as it deploys the new financing. The company is remote-first with offices in Montreal and Quebec City and emphasizes diversity and inclusion in its hiring as it scales.

Participated · Equity · Mar 2021

AEPONYX builds integrated photonics products combined with fast‑tuning, ultra‑small MEMS devices aimed at moving data over fiber for next‑generation networks. The company targets Telecom as its first market vertical while noting its technology also applies to quantum computing, LiDAR, and sensors. AEPONYX is actively building out a 5G product portfolio to serve growing global 5G network demand. Prior funding rounds were focused on product and test development, and the business is now accelerating its Telecom portfolio. The company is based in Montreal and cites strong market potential as 5G adoption eclipses 4G at a similar point. Management emphasizes delivering compact, high‑data‑rate optical devices to advance global 5G infrastructure. Aeponyx is a Montreal, Canada–based leader in micro optical switches that combines silicon photonics with Micro-Electro-Mechanical-Systems (MEMS) in a patented planar platform. The company designs and markets small micro optical switches for tunable transceivers and optical circuit switches, targeting fiber optic access to the cloud. Led by CEO Philippe Babin, Aeponyx plans to use the new financing to ramp up commercial production of its planar micro optical switch chips. Aeponyx is an alumnus of Silicon Catalyst, the California incubator focused exclusively on semiconductors, which contributed in-kind support. The article reports aggregated funding, including prior investments, in-kind contributions and non-dilutive government financing, reached CAD$18M. Aeponyx designs and markets planar micro optical switch chips that combine silicon photonics with micro-electrical-mechanical-system (MEMS) technology. Its patented platform targets chips for fiber optic access to the cloud, including tunable transceivers and optical circuit switches. The company is led by CEO Philippe Babin. Aeponyx is an alumnus of Silicon Catalyst, a California-based incubator focused on semiconductors. The firm raised CAD$4.3M in seed financing to advance its technology. It intends to use the proceeds to complete development and industrialization of its planar micro optical switch chips.

Led · Seed · Jan 2020

Contxtful Technologies is an attention-based advertising technology company based in Montreal that builds AI-driven solutions to identify receptive users and valuable digital inventory. Led by CEO David Jacobs, its flagship product Receptivity leverages AI to identify the most valuable inventory across the internet by analyzing innumerable micro-patterns of content interactions. Receptivity curates digital inventory by identifying receptive users, which the company says leads to increased revenue and performance. FinSMEs reported on April 7, 2025 that Contxtful raised $1.9M in funding in a round led by NJP Ventures. The company intends to use the funds to enhance its technology, scale operations, and expand its market reach. Contxtful develops products that leverage non-private, sensor-based mobile data to provide insights on mobile users and improve how advertisers and insurers interact with customers. The company is commercializing two initial products: Receptivity, for advertisers and publishers to increase ad campaign performance and ad inventory monetization; and Rituals, for insurers to identify and promote better risk-reducing habits among customers. Led by CEO Guillaume Bouchard and based in Montreal, Contxtful intends to use the $2M seed financing to expand operations. The seed round was led by Fonds Innovexport and included Fonds Québecor Innovation inc., La Capitale Assureur de l’administration publique, Anges Québec, private angels and founding partners. Contxtful is a graduate of TandemLaunch, a Montreal deep-tech incubator.

Led · Equity · Jun 2019

C2RO develops privacy-aware AI video analysis software as an enterprise SaaS product, with applications in retail and data analytics. The company reports ongoing deployments at customer sites and the establishment of new strategic partnerships despite COVID-19. It completed a financing round that includes new investors and follow-on participation from existing backers. The new funding is intended to grow the team and accelerate product rollout and strategic partnerships across Europe and North America. C2RO also plans to develop its IP portfolio and strengthen its leadership position in privacy-aware AI video analysis. Named investors in the announcement include Desjardins Capital Markets, Capital Angel Network, Maple Leaf Angels, TandemLaunch Inc., Fonds Innovexport, GCI Capital and several angel investors. C2RO is a Montreal-based provider of enterprise-grade cloud A.I. services. Its core products include C2RO Engage, a real-time cloud-based facial recognition platform introduced in June 2018, and Perceive, an anonymous customer journey analysis and demographic classification system launched in March 2019. The company emphasizes privacy and states its offerings are fully compliant with stringent regulations including the EU's General Data Protection Regulation (GDPR). Led by President & CEO Riccardo Badalone, C2RO secured CAD$2.25M in financing. The company intends to use the funds to accelerate commercialization of its enterprise cloud A.I. services. C2RO Cloud Robotics is a Montreal-based software firm that provides a cloud-based real-time data-processing engine to augment service robots' cognitive capabilities with AI services. Its SaaS platform enables instant knowledge sharing and collaboration among connected robots and sensors while supporting enterprise analytics and business intelligence. The company's initial product offerings, Mobility and Engage, enable advanced human interaction and behavioral analysis for customer-facing robot deployments. C2RO targets service-robot use cases in retail, hospitality and customer service to drive customer experience improvements and operational efficiencies. The firm positions its platform as the world's first Cloud Robotics SaaS Platform (B2B) and emphasizes simple deployment and management of robot fleets. Financially, it closed a US$1.1M seed financing to accelerate commercialization and go-to-market efforts.

Participated · Equity · Nov 2018

Aerial Technologies, established in 2015 and based in Montreal, develops a cloud-based WiFi Motion Intelligence platform that detects and classifies human motions using artificial intelligence. Its patented, low-cost solution leverages existing wireless infrastructure and analyzes disruptions in Wi‑Fi signals to infer human activities without special hardware, wearables, installations, or invasive cameras. The company positions the technology for applications in security, energy management, and automation across residential and professional environments. Earlier this summer Aerial launched a passive, non-invasive Remote Care application aimed at expanding access to telecare. Yaletown Partners led Aerial’s financing round, and Shyam Gupta, a Yaletown partner, will join Aerial’s board of directors. Yaletown said it will support Aerial as it pursues its mission to become the wireless standard for smart motion detection. Aerial Technologies offers a cloud-based Wi‑Fi motion analytics SaaS that leverages existing wireless infrastructure and machine learning to extract actionable motion data without requiring extra hardware, wearables, or cameras. Its passive, contextual solutions aim to recognize users and background activity for customers across smart home, security, home care/healthcare, energy management, and hospitality sectors. The company positions its product as a low-cost way for ISPs, MSOs, healthcare players, security integrators, and smart device manufacturers to access new revenue streams and end-user actionable data. Aerial said it will use newly raised capital to accelerate the addition of market-requested functionalities and to further advance its IP portfolio. The company is recruiting talent in Engineering, R&D, Operations, sales, and customer support to expand its global reach. Aerial is headquartered in Canada with regional offices in the USA and Europe. Aerial Technologies builds cloud-based software that processes distortions in existing Wi‑Fi signals to recognize presence, movement, activity and identity using machine learning. Its technology, created by VP of Technology Michel Allegue, leverages IP from McGill University, Rutgers University and Stevens Institute of Technology. The software can be deployed on virtually any Wi‑Fi network device and does not require additional sensors or hardware. Initial commercial applications the company targets include presence recognition, home intrusion detection, HVAC energy optimization, health monitoring and elderly care, and smart-home motion indication. The company says its solution has been evaluated in pilot projects with major telecom operators and will be offered on existing Wi‑Fi networks without new infrastructure investment. Aerial aims to accelerate commercialization with large telecommunications partners following the financing.