Tag: fonds de solidarité ftq
Electronic circuit manufacturer SMT Intelligence raises $68 million from the Fonds FTQ
SMT uses robotics, AI to produce over eight million electronic circuits annually. Laval, Québec-based electronic circuit manufacturing firm SMT Intelligence has received a $68-million…
GHGSat closes Series C1 to launch more greenhouse gas emissions-monitoring satellites
The Montréal-based startup secured $59.9 million CAD but did not disclose equity/debt split. Montréal-based global emissions monitoring company GHGSat has closed its Series C1…
Brightspark seeks to recreate its “home run” exits of Think Dynamics, Radian6 as it launches $120-million fund
Brightspark Ventures has made an initial close of $60 million towards its target. Brightspark Ventures thinks now is the right time to be investing…
Drug discovery startup Congruence Therapeutics closes $20 million CAD extension of Series A
BDC Capital’s Thrive Venture Fund joined to lead the extension. Congruence Therapeutics has secured an additional $20 million CAD ($15 million USD) for its…
WorkJam closes $50 million USD round co-led by Inovia, Fonds FTQ
WorkJam’s platform is geared towards supporting the frontline workforce. Frontline workforce management startup WorkJam has secured $50 million USD in a Series D round…
Nolk raises $30 million, acquires home goods brands Ergonofis, Opposite Wall
Nolk intends to use the capital for more acquisitions. Montréal startup Nolk, which offers a data and analytics platform for e-commerce brands, has raised…
Stradigi.ai vows to continue despite laying off more than two-thirds of its staff
Musician will.i.am is among the investors in the Québec AI startup. Despite laying off more than two-thirds of its workforce, Stradigi.ai is still a…
7 Generation Capital secures $8 million from Siemens, Fonds de solidarité FTQ
The Vancouver startup helps fleet operators transition to electric vehicles. Vancouver-based electric vehicle (EV) and charging infrastructure leasing company 7 Generation Capital (7Gen)…
Inovia raises $420 million CAD for fifth early-stage venture fund
Inovia’s Shawn Abbott says it’s a great time to be a well-capitalized VC. Inovia Capital has secured $420 million CAD ($325 million USD) for…
Worximity secures $14 million for smart factory analytics tech
Montréal-based startup Worximity has raised $14 million CAD to further advance its smart factory technology that utilizes machine learning, artificial intelligence, and the Internet…