Posts tagged Investment
New venture capital fund to support the creation and growth of next-generation technology flagships

MONTREAL, Feb. 17, 2021 /CNW Telbec/ - Quebec welcomes a new player in its innovative ecosystem with the launch of Boreal Ventures, the first venture capital fund dedicated to high-tech ("deep tech") companies in Quebec. Created in partnership with Centech, a Montreal-based incubator specializing in technology, this fund will support the development of companies in the pre-seed and seed stages in science and engineering. With an initial investment capital of $26 million, Boreal Ventures will support companies that emerge from Centech and Quebec's innovative ecosystem. The start-ups targeted by this new fund operate in applied science (deep tech) sectors such as artificial intelligence, medical technologies, industry 4.0, and connected objects.

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