# Canada Economic Development for Quebec Regions: portfolio, investments and team

> Canada Economic Development for Quebec Regions is an investment firm. 26 investments on record, 12 in the last 12 months, latest Aug 2026.

Source: https://millionrounds.com/fund/canada-economic-development-for-quebec-regions (Millionrounds; every figure on the page links to its filing or article)

[Investor](https://millionrounds.com/investors)

# Canada Economic Development for Quebec Regions

Last cheque observed Aug 2026; 26 cheques on record.

Deploying now Investment firm

Grant Debt Consulting Manufacturing

Deploying now

**92%** of best year **12** **cheques in 12 months**, 26 on record

Since the last cheque **86** days **00** hrs **00** min **00** sec

Median round **$888K** Rounds led **0 of 26** Sole investor **18 rounds** Mostly in **Canada, 100%**

Pitch Canada Economic Development for Quebec Regions

## Canada Economic Development for Quebec Regions highlights

- 01 12 cheques in the last 12 months
- 02 Mostly Grant and Debt: 100% of its rounds
- 03 Sole investor in 18 rounds, median $766K

## What they do

- **Type:** Investment firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Consulting Manufacturing
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **26 appearances**

- **2026** 9 rounds
- **Aug** **[Femtum](https://millionrounds.com/company/femtum)** Debt · CA **$1.4M** With 2 others
- **May** **[Nord Quantique](https://millionrounds.com/company/nord-quantique)** CA · TechStartups **$30M** With 8 others
- **May** **[ALU MC3](https://millionrounds.com/company/alu-mc3)** Grant · CA **$731K** Sole investor
- **May** **[AluQuebec](https://millionrounds.com/company/aluquebec)** Grant · CA **$1.1M** Sole investor
- **May** **[ARA Robotics](https://millionrounds.com/company/ara-robotics)** Grant · CA **$621K** With 1 other
- **May** **[Electra Battery Materials](https://millionrounds.com/company/electra-battery-materials)** Debt · CA **$20M** With 2 others
- **May** **[Elysis](https://millionrounds.com/company/elysis)** Grant · CA **$73M** Sole investor
- **Mar** **[UberSpec](https://millionrounds.com/company/uberspec)** Debt · CA **$364K** Sole investor
- **Mar** **[Garde-Malade](https://millionrounds.com/company/garde-malade)** Debt · CA **$350K** Sole investor
- **2025** 8 rounds
- **Dec** **[Anyon Systems](https://millionrounds.com/company/anyon-systems)** Grant · CA **$17M** With 1 other
- **Nov** **[Gamotech](https://millionrounds.com/company/gamotech)** Grant · CA **$71K** With 3 others
- **Nov** **[Medscint](https://millionrounds.com/company/medscint)** Debt · CA **$285K** Sole investor
- **Sept** **[Osblock](https://millionrounds.com/company/osblock)** Debt · CA **$1.3M** With 1 other
- **Feb** **[WattByWatt](https://millionrounds.com/company/wattbywatt)** Debt · CA **$975K** Sole investor
- **Feb** **[Distriq](https://millionrounds.com/company/distriq)** Grant · CA **$3.7M** Sole investor
- **Feb** **[Export Outaouais](https://millionrounds.com/company/export-outaouais)** Grant · CA **$570K** Sole investor
- **Feb** **[La Ruche](https://millionrounds.com/company/la-ruche)** Grant · CA **$400K** Sole investor
- **2024** 6 rounds
- **Dec** **[Quebec Tech](https://millionrounds.com/company/quebec-tech)** Grant · CA **$9.0M** Sole investor
- **Nov** **[Esplanade Quebec](https://millionrounds.com/company/esplanade-quebec)** Grant · CA **$2.0M** Sole investor
- **Nov** **[ADDERE Service-conseil](https://millionrounds.com/company/addere-service-conseil)** Grant · CA **$357K** Sole investor
- **Nov** **[2 Degrés](https://millionrounds.com/company/2-degres)** Grant · CA **$800K** Sole investor
- **Sept** **[Calcul Quebec](https://millionrounds.com/company/calcul-quebec)** Grant · CA **$2.6M** Sole investor
- **Aug** **[Ananda Devices](https://millionrounds.com/company/ananda-devices)** Grant · CA **$256K** With 2 others
- **2023** 3 rounds
- **Nov** **[Centre for Commercialization of Cancer Immunotherapy](https://millionrounds.com/company/centre-for-commercialization-of-cancer-immunotherapy)** Grant · CA **$3.4M** Sole investor
- **Nov** **[TANIT](https://millionrounds.com/company/tanit)** Grant **$435K** Sole investor
- **Nov** **[Tempehine](https://millionrounds.com/company/tempehine)** Grant · CA **$572K** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The cheque

Grant Debt

Median round joined **$888K** the round, not its cheque Alone, median **$766K**

Led 0 of 26 rounds **0%**

- **Sole investor:** 18 rounds
- **Last cheque:** Aug 2026

Rounds by stage said on their site

- Grant *18*
- Debt *7*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Government of Canada](https://millionrounds.com/fund/government-of-canada) 4
- [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 2
- [Desjardins Venture Capital](https://millionrounds.com/fund/desjardins-venture-capital) 2
- [Natural Resources Canada](https://millionrounds.com/fund/natural-resources) 2
- [Real Ventures](https://millionrounds.com/fund/real-ventures-2) 2

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## Who they invest alongside

The investors most often in the same rounds as Canada Economic Development for Quebec Regions. A count of rooms they were both in, not a relationship either has claimed.

[**Government of Canada** Government **4** rounds together](https://millionrounds.com/fund/government-of-canada)[**BDC Capital** VC firm **2** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**Desjardins Venture Capital** Government **2** rounds together](https://millionrounds.com/fund/desjardins-venture-capital)[**Natural Resources Canada** Government **2** rounds together](https://millionrounds.com/fund/natural-resources)[**Real Ventures** Family office **2** rounds together](https://millionrounds.com/fund/real-ventures-2)

## Recently backed

The latest companies Canada Economic Development for Quebec Regions put money into.

[**Femtum** $1.4M · Aug 2026](https://millionrounds.com/company/femtum)[**Nord Quantique** $30M · May 2026](https://millionrounds.com/company/nord-quantique)[**ALU MC3** $731K · May 2026](https://millionrounds.com/company/alu-mc3)[**AluQuebec** $1.1M · May 2026](https://millionrounds.com/company/aluquebec)[**ARA Robotics** $621K · May 2026](https://millionrounds.com/company/ara-robotics)[**Electra Battery Materials** $20M · May 2026](https://millionrounds.com/company/electra-battery-materials)

## Quick answers about Canada Economic Development for Quebec Regions

### What does Canada Economic Development for Quebec Regions invest in?

Canada Economic Development for Quebec Regions invests most often at Grant and Debt (100% of the rounds on record), in sectors such as Consulting and Manufacturing.

### How active is Canada Economic Development for Quebec Regions?

26 investments on record, 12 of them in the last 12 months. The most recent was in Aug 2026.

### What has Canada Economic Development for Quebec Regions invested in recently?

Its most recent investments on record: Femtum (Debt, Aug 2026), Nord Quantique (May 2026) and ALU MC3 (Grant, May 2026).

### How big are Canada Economic Development for Quebec Regions's cheques?

The median round it joins is $888K.

### Does Canada Economic Development for Quebec Regions lead rounds?

Rarely, if at all: none of its 26 investments on record names it as the lead.

### Where does Canada Economic Development for Quebec Regions invest?

Most of the companies it backs are in Canada (100%).

### Is Canada Economic Development for Quebec Regions investing now?

Yes: it is actively investing, with 12 investments in the last 12 months.

### Who does Canada Economic Development for Quebec Regions invest alongside?

Most often Government of Canada (4 rounds together), BDC Capital (2 rounds together) and Desjardins Venture Capital (2 rounds together).

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