Led · Seed · Feb 2026

Shearwater Aerospace is a Montreal-based company focused on bringing artificial-intelligence autonomy to uncrewed aircraft operations. Its flagship product, Smart Flight, combines weather-optimized routing with topographical training to keep drones mission-ready in dynamic conditions. The platform enables long-range and beyond-visual-line-of-sight (BVLOS) missions, promising greater endurance, range, and reliability for commercial, governmental, and defense clients. With its technology, the company targets critical use cases that demand robust autonomy in challenging environments. The newly raised capital will fund further advancement of its autonomous capabilities, early customer deployments, and the expansion of both engineering and customer-facing teams. No revenue or user figures were disclosed in the article, and investor identities remain confidential. The company appears to be positioning itself as a foundational provider of autonomy software for next-generation unmanned aircraft fleets.

Participated · Series A · Dec 2025

INLAN is a Montreal-based deep-tech company building a new class of ultra-low-cost, battery-less IoT tags that merge the affordability of RFID with the performance of active IoT devices. Its core offering couples these tags with an AI-ready data infrastructure, enabling continuous, granular, and reliable sensing across industrial and supply-chain environments. By making item-level data economically and technically feasible at massive scale, the company aims to unlock next-generation, AI-driven supply-chain visibility and automation. The founders report spending two years developing their proprietary tag chip technology, positioning the hardware for large-scale deployment. With fresh capital, INLAN plans to expand both manufacturing and the supporting software backbone to support massive IoT adoption. The company was incubated at TandemLaunch and views its breakthrough as removing the historic trade-off between affordability and performance in sensing technologies. No operating metrics such as revenue or user counts were disclosed. Financially, INLAN has now raised a US$5 million Series A round to accelerate commercialization.

Participated · Equity · Oct 2023

HaiLa Technologies develops ultra-low-power multi-protocol radio communications, including Wi‑Fi, aimed at enabling ambient IoT sensing. Its core products are energy-efficient system-on-chip (SoC) solutions and related implementations such as backscatter to minimize radio power use. The company plans to commercialize these SoCs to extend device battery life, enable smaller batteries, and reduce battery waste. Customers and partners target smart home and building automation, consumer electronics, mobile, industrial, transportation, medical, and agriculture markets. HaiLa was founded in 2019 in Montreal and was originally conceptualized at Stanford University. Financially, HaiLa has raised USD $16.8 million to date, including non-dilutive financing from Sustainable Development Technology Canada and TechnoClimat Quebec, and recently announced an additional USD $10.35 million financing.

Participated · Seed · Feb 2023

AAVAA develops proprietary brain-computer interface technology and a range of assistive and consumer products spanning hearing technology and AR/VR solutions. Its core technology transforms brain and bio signals into device control using subtle eye and facial movements. The company has filed five patents across more than 20 countries and was developed by a team of neuroscientists and entrepreneurs. Its product portfolio includes assistive devices and consumer applications designed for ease of use, functionality, and affordability. AAVAA aims to accelerate research and development to expand its accessible product offerings and better serve individuals with mobility and speech impairments. The company recently received a $1.3 million grant to support these efforts. AAVAA Technologies is building a "bionic ear" platform that combines sensors and integrated software to detect a user’s attention and automatically enhance or control audio in wearable devices. Its technology can amplify a selected voice, enable attention-based commands, and monitor aspects of brain and body health. The system detects head direction, eye-gaze, intentional eye blinks and other facial movements, and can be integrated into earphones, earbuds, eyeglasses and other wearables. The company launched demonstration and development kits in January 2023 as part of a commercialization program and said it expects to begin licensing its platform for commercial use by mid-2023. AAVAA was founded in 2021 and is led by CEO Barclay Knapp, CTO Naeem Komeilipoor and COO Lex Schindler. Financially, the startup has recently closed a $2 million CAD pre-seed financing to accelerate commercialization.

Participated · Seed · Feb 2023

LATYS develops a patented drop-in metasurface antenna that passively repeats and focuses wireless signals to extend range and avoid interference. The device is signal-agnostic, operating from sub-7 GHz to mmWave 5G, uses off-the-shelf components, and fits a thin, small form factor. LATYS’ passive approach isolates signals in space rather than broadcasting omnidirectionally, which the company says avoids the bandwidth-halving and latency of traditional mesh hops. Field trials demonstrated more than a 4x increase in throughput for existing router networks and over 300% improvement in dead-zone throughput, while reducing network energy usage by more than 8x. The product targets 5G, IoT, Wi‑Fi, and Industry 4.0 use cases, and LATYS plans to commercialize its first-generation product for customers facing range and interference limits.