# Desjardins Venture Capital: portfolio, investments and team

> Desjardins Venture Capital is a government based in Canada. 95 investments on record, 4 in the last 12 months, latest Oct 2026.

Source: https://millionrounds.com/fund/desjardins-venture-capital (Millionrounds; every figure on the page links to its filing or article)

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

# Desjardins Venture Capital

Last cheque observed Oct 2026; 95 cheques on record.

Deploying now Government

Seed Series A Growth Tech For Good Sustainable Development Goals Impact

Deploying now

**50%** of best year **4** **cheques in 12 months**, 95 on record

Since the last cheque **12** days **00** hrs **00** min **00** sec

Median round **$4.0M** Rounds led **0 of 95** Sole investor **8 rounds** Exits **10 from the portfolio** Mostly in **Canada, 100%**

Pitch Desjardins Venture Capital

## Desjardins Venture Capital highlights

- 01 4 cheques in the last 12 months
- 02 Mostly Venture and Seed: 54% of its rounds
- 03 Sole investor in 8 rounds, median $1.5M
- 04 10 exits from the portfolio

## What they do

- **Type:** Government (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Growth
- **Sectors:** Tech For Good Sustainable Development Goals Impact
- **Based in:** Montréal, Canada
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **95 appearances**

- **2026** 3 rounds
- **Oct** **[Bia Health](https://millionrounds.com/company/bia-health)** CA · BetaKit **$1.5M** With 2 others
- **Jun** **[Picketa Systems](https://millionrounds.com/company/picketa-systems)** Seed · CA · East Valley Ventures **$2.1M** With 9 others
- **Feb** **[ECOTIERRA](https://millionrounds.com/company/ecotierra)** Debt · CA **$200K** With 1 other
- **2025** 4 rounds
- **Nov** **[Auriginal Mining](https://millionrounds.com/company/auriginal-mining)** CA **$3.4M** With 1 other
- **Sept** **[Osblock](https://millionrounds.com/company/osblock)** Debt · CA **$1.3M** With 1 other
- **Jun** **[Can-Explore inc](https://millionrounds.com/company/can-explore-inc)** Venture · CA **$13M** With 1 other
- **Jun** **[Greybox Solutions](https://millionrounds.com/company/greybox-solutions)** Venture · CA **$700K** With 2 others
- **2024** 8 rounds
- **Nov** **[QScale](https://millionrounds.com/company/qscale)** Debt · CA **$170M** With 2 others
- **Oct** **[Entosystem](https://millionrounds.com/company/entosystem)** Venture · CA **$43M** With 3 others
- **Oct** **[Laserax](https://millionrounds.com/company/laserax)** Series C · CA **$46M** With 3 others
- **Sept** **[BrainBox AI](https://millionrounds.com/company/brainbox-ai)** Venture · CA **Undisclosed** With 1 other
- **Aug** **[Ananda Devices](https://millionrounds.com/company/ananda-devices)** Grant · CA **$256K** With 2 others
- **Aug** **[Inscora](https://millionrounds.com/company/inscora)** Pre-seed · CA **$1.5M** With 1 other
- **Jun** **[Picketa Systems](https://millionrounds.com/company/picketa-systems)** Venture · CA **Undisclosed** With 2 others
- **Apr** **[Qohash](https://millionrounds.com/company/qohash)** Series B · CA **$17M** With 3 others
- **2023** 4 rounds
- **Nov** **[Pathway Medical](https://millionrounds.com/company/pathway-medical)** Seed · CA **$5.0M** With 1 other
- **Jun** **[NeuroServo](https://millionrounds.com/company/neuroservo)** Seed · CA **$1.7M** With 3 others
- **May** **[Picketa Systems](https://millionrounds.com/company/picketa-systems)** Seed · CA · Tall Grass Ventures **$1.1B** With 6 others
- **Feb** **[PreVu3D](https://millionrounds.com/company/prevu3d)** Series A · CA **$10M** With 3 others
- **2022** 9 rounds
- **Oct** **[Voilà! Technologies](https://millionrounds.com/company/voila-technologies)** Series A · CA **$10M** With 2 others
- **Jul** **[HALEO Clinic](https://millionrounds.com/company/haleo-clinic)** Seed · CA **$4.0M** With 3 others
- **Jun** **[POTLOC](https://millionrounds.com/company/potloc)** Series B · CA **$27M** With 4 others
- **May** **[WeCook - Repas WeCook](https://millionrounds.com/company/wecook-repas-wecook)** Series C · CA **$31M** With 3 others
- **Feb** **[Wrk](https://millionrounds.com/company/wrk)** Series A · CA **$24M** With 5 others
- **Feb** **[Lexop](https://millionrounds.com/company/lexop)** Venture · CA **Undisclosed** With 3 others
- **Feb** **[Axya](https://millionrounds.com/company/axya)** Seed · CA **$3.9M** With 5 others
- **Feb** **[WALO](https://millionrounds.com/company/walo)** Seed · CA **$1.1M** Sole investor
- **Jan** **[Optina Diagnostics](https://millionrounds.com/company/optina-diagnostics)** Series A · CA **$2.1M** With 4 others
- **2021** 7 rounds
- **Dec** **[Sonoscope](https://millionrounds.com/company/sonoscope)** Venture · CA **$4.0M** With 2 others
- **Nov** **[MEDIAVORE](https://millionrounds.com/company/mediavore)** Seed · CA **$800K** With 1 other
- **Aug** **[Angel Host](https://millionrounds.com/company/angel-host)** Seed · CA **$5.2M** With 2 others
- **Aug** **[Mako Financial Technologies](https://millionrounds.com/company/mako-financial-technologies)** Seed · CA **$1.6M** Sole investor
- **Jul** **[Motorleaf](https://millionrounds.com/company/motorleaf)** Grant · CA **$250K** With 1 other
- **Apr** **[My Intelligent Machines](https://millionrounds.com/company/my-intelligent-machines)** Seed **$5.0M** With 3 others
- **Mar** **[Heyday AI](https://millionrounds.com/company/heyday-ai)** Seed **$5.2M** With 2 others
- **2020** 5 rounds
- **Dec** **[Microbrasserie Le Bockale inc](https://millionrounds.com/company/microbrasserie-le-bockale-inc)** Venture **$1.7M** With 1 other
- **Sept** **[E2metrix](https://millionrounds.com/company/e2metrix)** Grant **$3.9M** With 2 others
- **Aug** **[Breathe Life](https://millionrounds.com/company/breathe-life)** Series A **$4.9M** With 3 others
- **Jun** **[Dose Juice](https://millionrounds.com/company/dose-juice)** Venture **$6.5M** With 2 others
- **Jan** **[FjordAl Aluminium](https://millionrounds.com/company/fjordal-aluminium)** Venture **Undisclosed** With 2 others

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 team

We hold **6** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Funds they back

## 1 fund commitment on record

- **Managers:** 1

Every fund on record that it has committed money to, and the managers who invest it. Source: fund news.

Managers it backs most

- [Teralys Capital 1 fund](https://millionrounds.com/fund/teralys-capital)

Most recent commitments

- [Teralys Capital Teralys Capital Innovation Fund](https://millionrounds.com/fund/teralys-capital)

## Exits from the portfolio

Companies it backed that were later bought or listed **10 in all**

**[WANTED Technologies](https://millionrounds.com/company/wanted-technologies)** Bought by [Corporate Executive Board(CEB)](https://millionrounds.com/fund/corporate-executive-board-ceb) **Undisclosed** Sept 2015

**[Enobia Pharma](https://millionrounds.com/company/enobia-pharma)** Bought by [Alexion Pharmaceuticals](https://millionrounds.com/fund/alexion-pharmaceuticals) **Undisclosed** Dec 2011

**[Coradiant](https://millionrounds.com/company/coradiant)** Bought by BMC Software **Undisclosed** Apr 2011

**[Tungle.me](https://millionrounds.com/company/tungle-me)** Bought by [BlackBerry](https://millionrounds.com/fund/cylance) **Undisclosed** Apr 2011

**[Topigen Pharmaceuticals](https://millionrounds.com/company/topigen-pharmaceuticals)** Bought by Pharmaxis **Undisclosed** Jan 2010

**[Natural Convergence](https://millionrounds.com/company/natural-convergence)** Bought by Broadview Networks **Undisclosed** Aug 2009

**[Galazar](https://millionrounds.com/company/galazar)** Bought by EXAR **Undisclosed** Jun 2009

**[Meriton Networks](https://millionrounds.com/company/meriton-networks)** Bought by Xtera Communications **Undisclosed** May 2008

**[GEOCOMtms](https://millionrounds.com/company/geocomtms)** Bought by RedPrairie **Undisclosed** Mar 2007

**[Lysac Technologies](https://millionrounds.com/company/lysac-technologies)** Bought by Archer Daniels Midland Company **Undisclosed** Apr 2006

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series A Growth

Median round joined **$4.0M** the round, not its cheque Alone, median **$1.5M**

Led 0 of 95 rounds **0%**

- **Sole investor:** 8 rounds
- **Last cheque:** Oct 2026
- **Exits:** 10 from the portfolio

Rounds by stage said on their site

- Venture *29*
- Seed said *16*
- Series B *13*
- Series A said *12*
- Series C *8*
- Debt *5*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 26
- [Investissement Quebec](https://millionrounds.com/fund/investissement-quebec-2) 17
- [Real Ventures](https://millionrounds.com/fund/real-ventures-2) 10
- [Government of Canada](https://millionrounds.com/fund/government-of-canada) 8
- [Fonds de solidarite Ftq](https://millionrounds.com/fund/fonds-de-solidarite-ftq) 7
- [Anges Quebec](https://millionrounds.com/fund/anges-quebec) 6

**Pitching Desjardins Venture Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Desjardins Venture Capital. A count of rooms they were both in, not a relationship either has claimed.

[**BDC Capital** VC firm **26** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**Investissement Quebec** Investment firm **17** rounds together](https://millionrounds.com/fund/investissement-quebec-2)[**Real Ventures** Family office **10** rounds together](https://millionrounds.com/fund/real-ventures-2)[**Government of Canada** Government **8** rounds together](https://millionrounds.com/fund/government-of-canada)[**Fonds de solidarite Ftq** VC firm **7** rounds together](https://millionrounds.com/fund/fonds-de-solidarite-ftq)[**Anges Quebec** Angel network **6** rounds together](https://millionrounds.com/fund/anges-quebec)[**T2C2 Capital** Investment firm **6** rounds together](https://millionrounds.com/fund/t2c2-capital)[**AQC Capital** Government **5** rounds together](https://millionrounds.com/fund/aqc-capital)[**Lothian Partners** VC firm **5** rounds together](https://millionrounds.com/fund/lothian-partners)[**National Bank of Canada** Private equity **5** rounds together](https://millionrounds.com/fund/national-bank-of-canada)[**Caisse de Depot et Placement du Quebec** Institutional LP **4** rounds together](https://millionrounds.com/fund/caisse-de-depot-et-placement-du-quebec)[**Export Development Canada** Government **4** rounds together](https://millionrounds.com/fund/export-development-canada)

## Recently backed

The latest companies Desjardins Venture Capital put money into.

[**Picketa Systems** $2.1M · Jun 2026](https://millionrounds.com/company/picketa-systems)[**ECOTIERRA** $200K · Feb 2026](https://millionrounds.com/company/ecotierra)[**Auriginal Mining** $3.4M · Nov 2025](https://millionrounds.com/company/auriginal-mining)[**Can-Explore inc** $13M · Jun 2025](https://millionrounds.com/company/can-explore-inc)[**Greybox Solutions** $700K · Jun 2025](https://millionrounds.com/company/greybox-solutions)[**QScale** $170M · Nov 2024](https://millionrounds.com/company/qscale)

## Quick answers about Desjardins Venture Capital

### What does Desjardins Venture Capital invest in?

Desjardins Venture Capital invests most often at Venture and Seed (54% of the rounds on record), in sectors such as Tech For Good, Sustainable Development Goals and Impact.

### How active is Desjardins Venture Capital?

95 investments on record, 4 of them in the last 12 months. The most recent was in Oct 2026.

### What has Desjardins Venture Capital invested in recently?

Its most recent investments on record: Bia Health (Undisclosed round, Oct 2026), Picketa Systems (Seed, Jun 2026) and ECOTIERRA (Debt, Feb 2026).

### How big are Desjardins Venture Capital's cheques?

The median round it joins is $4.0M.

### Does Desjardins Venture Capital lead rounds?

Rarely, if at all: none of its 95 investments on record names it as the lead.

### Where does Desjardins Venture Capital invest?

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

### Is Desjardins Venture Capital investing now?

Yes: it is actively investing, with 4 investments in the last 12 months.

### Who does Desjardins Venture Capital invest alongside?

Most often BDC Capital (26 rounds together), Investissement Quebec (17 rounds together) and Real Ventures (10 rounds together).

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