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AQC Capital

North America, Quebec, Canada, Montréal

Description

AQC Capital is a Montréal-based investment fund deeply integrated into the Canadian venture capital ecosystem, specifically designed to support companies that have already secured initial funding from members of Réseau Anges Québec. Operating as a crucial follow-on or co-investment vehicle, AQC Capital aims to bridge the gap between angel investments and larger institutional rounds, providing essential capital for promising early-stage ventures. The fund is managed by Anges Québec Capital, a subsidiary of Anges Québec, ensuring a seamless alignment with the angel network's investment thesis and portfolio.

The fund primarily targets seed and start-up stage companies, offering significant financial support to help them scale and achieve their next milestones. AQC Capital typically invests between CAD $250,000 and CAD $1,500,000 per company. This translates to approximately $182,500 USD to $1,095,000 USD, based on current exchange rates. This strategic investment range allows AQC Capital to provide substantial capital injections while maintaining its focus on early-stage growth, complementing the initial smaller checks from angel investors.

With a total fund size of CAD $30 million, AQC Capital plays a vital role in nurturing the growth of innovative companies within Quebec and beyond. Since its inception, the fund has demonstrated a strong commitment to the startup community, having invested in more than 70 companies. This extensive portfolio underscores its active participation in fostering entrepreneurial success and its dedication to providing sustained financial backing to ventures emerging from the Anges Québec network, thereby strengthening the overall startup landscape in Canada.

Investor Profile

AQC Capital has backed more than 22 startups, with 5 new investments in the last 12 months alone. The firm has led 5 rounds, about 23% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series Unknown rounds (top funding stages).
  • Majority of deals are located in Canada.
  • Strong thematic focus on Health Care, Biotechnology, Software.
  • Led 4 rounds in the past year.
  • Typical check size: $182.5K – $1.1M.

Stage Focus

  • Series A (32%)
  • Seed (32%)
  • Series Unknown (18%)
  • Series B (9%)
  • Pre Seed (9%)

Country Focus

  • Canada (100%)

Industry Focus

  • Health Care
  • Biotechnology
  • Software
  • Information Technology
  • Biopharma
  • Pharmaceutical
  • Analytics
  • Artificial Intelligence (Ai)
  • Plastics And Rubber Manufacturing
  • Recycling
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does AQC Capital frequently co-invest with?

Fonds de solidarité FTQ
North America, Quebec, Canada, Montréal
Co-Investments: 3
Cycle Capital
North America, Quebec, Canada, Montréal
Co-Investments: 2
Amorchem
North America, Quebec, Canada, Montréal
Co-Investments: 3
JDRF T1D Fund
North America, Massachusetts, United States, Boston
Co-Investments: 2
BDC Venture Capital
North America, Alberta, Canada, Calgary
Co-Investments: 4
Sustainable Development Technology Canada
North America, Ontario, Canada, Ottawa
Co-Investments: 2
Genesys Capital
North America, Ontario, Canada, Toronto
Co-Investments: 3
Boreal Ventures
North America, Quebec, Canada, Montréal
Co-Investments: 2
Investissement Quebec
North America, Quebec, Canada, Quebec
Co-Investments: 3
Anges Quebec
North America, Quebec, Canada, Quebec
Co-Investments: 14

Which angels does AQC Capital often collaborate with?

Adrian Schauer
North America, Quebec, Canada, Montréal
Shared Deals: 1
Ray Muzyka
North America, Alberta, Canada, Edmonton
Shared Deals: 1
MC
North America, Texas, United States, Dallas
Shared Deals: 1

What are some of recent deals done by AQC Capital?

EmergConnect

Thornhill, Ontario, Canada

Re-inventing same-day care!

Health Care
SeedDec 20, 2024
Amount Raised: $1,217,475
Kelsen Legal Technologies Inc.

Toronto, Ontario, Canada

Kelsen is developing Kelsen Draft to help legal professional to save time developing complex texts with power of AI.

Artificial Intelligence (AI)Legal TechSaaS
Pre SeedNov 28, 2024
Trustii

Montréal, Quebec, Canada

Trustii is an automated pre-hire and pre-hire survey solutions application.

AppsSecuritySoftware
SeedOct 16, 2024
Amount Raised: $2,035,431
Moselle

Toronto, Ontario, Canada

Automated inventory forecasting, purchasing, and planning for fast growing multi-channel brands.

E-CommerceSmall and Medium BusinessesSoftwareSupply Chain Management
SeedOct 8, 2024
Amount Raised: $1,537,907
Hexoskin (Carré Technologies)

Montréal, Quebec, Canada

Hexoskin develops smart clothing with the ability to deliver predictive health analytics for health, fitness, and wellness.

AnalyticsHealth CareHealth DiagnosticsInternet of ThingsmHealthSoftwareWearablesWeb Development
Series UnknownAug 27, 2024
Amount Raised: $4,200,000
Maxa AI

Montréal, Quebec, Canada

Maxa AI provides automated machine intelligence technology solutions.

Artificial Intelligence (AI)Information TechnologyMachine LearningSoftware
Series AMay 29, 2024
Amount Raised: $21,000,000
BioIntelligence Technologies

Sherbrooke, Quebec, Canada

BioIntelligence Technologies offers real-time automated analytics tools.

AnalyticsDatabaseInformation Technology
SeedApr 23, 2024
Amount Raised: $3,659,813
ChrysaLabs

Montréal, Quebec, Canada

ChrysaLabs develops a real-time, portable and accurate soil fertility assessment technology for precision agriculture

AgricultureBiotechnologyInformation Technology
Series AMay 10, 2023
Amount Raised: $11,216,756
Maxa AI

Montréal, Quebec, Canada

Maxa AI provides automated machine intelligence technology solutions.

Artificial Intelligence (AI)Information TechnologyMachine LearningSoftware
SeedJun 28, 2022
Amount Raised: $2,330,265
Revelate

Montréal, Quebec, Canada

SaaS data fulfillment platform providing a suite of capabilities for data sharing and commercialization to fully realize the value of data.

B2BCloud Data ServicesData IntegrationEnterprise SoftwareSaaS
Series AJan 26, 2022
Amount Raised: $20,000,000