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Quebec Government

1150, avenue Honoré-Mercier, Québec, G1A 1A3, Canada

Overview

Government organization shaping Quebec's future across various sectors.

Founded

1867

Deals · 12mo

1

Links

WebsiteLinkedInX (Twitter)

Stage focus

Debt

Geographic focus

Canada
Switzerland
United States

Sector focus

Association
Government
Non Profit

Investment portfolio

14rounds
NAMEDATESIZE
Dispersa
Mar 2026Participated
$4 MSeed
Exterra Carbon Solutions
May 2025Participated
$15 MSeries A
H55
Jul 2024Led
$73 MSeries C
Neurenati Therapeutics
Apr 2024Led
$1 MOther Equity
BrainBox AI
Jul 2023Participated
$30 MOther Equity
Mila - Quebec Artificial Intelligence Institute
Apr 2023Led
$21 MOther Equity
Kaloom
Sep 2022Led
$21 MOther Equity
Zilia
Aug 2021Participated
$4 MSeed
AppDirect
Mar 2021Led
$44 MDebt
Alliance Magnesium
Mar 2020Participated
$118 MDebt
Emovi
Sep 2019Led
$4 MGrant
Element AI
Sep 2019Participated
$151 MSeries B
Dispersa
Mar 2026Participated
$4 MSeed
Exterra Carbon Solutions
May 2025Participated
$15 MSeries A
H55
Jul 2024Led
$73 MSeries C
Neurenati Therapeutics
Apr 2024Led
$1 MOther Equity
BrainBox AI
Jul 2023Participated
$30 MOther Equity
Mila - Quebec Artificial Intelligence Institute
Apr 2023Led
$21 MOther Equity
Kaloom
Sep 2022Led
$21 MOther Equity
Zilia
Aug 2021Participated
$4 MSeed
AppDirect
Mar 2021Led
$44 MDebt
Alliance Magnesium
Mar 2020Participated
$118 MDebt
Emovi
Sep 2019Led
$4 MGrant
Element AI
Sep 2019Participated
$151 MSeries B
14
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Insights

Time horizon

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Deal Distribution

Quebec Government: 14 funding rounds are recorded in the selected participation categories.All available history.
Quebec Government: 14 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed02
Series A01
Series B01
Series C+10
Other Equity32
Grant10
Debt21

Monthly Deal Activity

Quebec Government: 14 deals are recorded across 108 months.All available history.
Quebec Government: 14 deals are recorded across 108 months. All available history
MonthDeals
Nov '171
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '191
Jul '190
Aug '190
Sep '192
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '201
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '211
Apr '210
May '210
Jun '210
Jul '210
Aug '211
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '221
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '231
May '230
Jun '230
Jul '231
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '241
May '240
Jun '240
Jul '241
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '251
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '261
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Quebec Government: Health & Life Sciences is the largest displayed sector by deal count (5 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.

Quebec Government: Health & Life Sciences is the largest displayed sector by deal count (5 deals). All available history
SectorDeals
Health & Life Sciences5
AI & Machine Learning4
Clean Energy & Sustainability3
Networks, Cloud & Communication2
Fintech2
Enterprise Software2
Professional Services2
Data, Analytics & IT2
Space & Frontier Tech2
Education & Workforce1
Hardware & Robotics1
Manufacturing1
Real Estate & Construction1
Transportation & Logistics1

Deal Size Distribution

Quebec Government: 14 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.

Quebec Government: 14 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M6
$5M-$10M0
$10M-$25M3
$25M-$50M2
$50M-$100M1
$100M-$250M2
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Quebec Government: Canada has the largest recorded deal count among the displayed regions (12 deals).All available history.

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

Quebec Government: Canada has the largest recorded deal count among the displayed regions (12 deals). All available history
RegionDeals
Canada12
United States1
Europe1
Quebec Government: 20 co-investors are shown, with BDC Capital sharing 3 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.

Quebec Government: 20 co-investors are shown, with BDC Capital sharing 3 recorded deals. All available history
Co-investorShared deals
BDC Capital3
Investissement Québec2
Real Ventures2
Sustainable Development Technology Canada2
ABB1
Alternative Capital Group1
Anges Québec1
BDC Thrive Lab1
BoxOne Ventures1
Caisse de dépôt et placement du Québec1
Clean Energy Ventures1
Cycle Capital Management1
Cycle Momentum1
Data Collective1
Dragonfly1
Fondaction1
Fonds Innovexport1
Front Row Round1
Good & Well1
Hanwha Asset Management1

Investment Strategy

Quebec Government: Led accounts for 50% and participating for 50% of round participation.All available history.
Quebec Government: Led accounts for 50% and participating for 50% of round participation. All available history
CategoryDeals (count)Share (%)
Led750%
Participating750%
Quebec Government: Single-lead accounts for 86% and co-led for 14% of lead dynamics.All available history.
Quebec Government: Single-lead accounts for 86% and co-led for 14% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead686%
Co-led114%

Team

Pierre Fitzgibbon

Ministre de l’économie, de l’innovation et de l’énergie