Organization: MSBI Capital

iNovia inks agreements with Alberta institutions

iNovia Capital — formerly MSBi Capital — is implementing its strategic plan to expand beyond its Quebec base with a series of collaborative agreements with several academic institutions, primarily in Alberta. The seed and early-stage venture capital fund recently launched its $107-million iNovia Investment Fund II LP and has signed cooperation agreements with AVAC Ltd,…

MSBi Capital changes name to iNovia Capital

MSBi Capital has changed its name to iNovia Capital, broadening its network of academic partner institutions and expanding its business model beyond the Montreal region. MSBi was created in 2002 with funding from Valorisation-Recherche Quebec (VRQ) with $11 million in seed funding to commercialize technologies from McGill Univ, Sherbrooke Univ and Bishop’s Univ. It is…

Callio receives $1.25 million boost in VC funding

Callio Technologies has received $1.25 in venture financing to further technology and market development for its flagship Callio Secura information security compliance software. Funding from MSBi Capital and Société Innovatech du sud du Québec will help the Sherbrooke-based firm to penetrate new markets and develop new versions of its software. Callio Secura works as an…

MSBi creates subsidiary

MSBi Capital has launched MSBi Valorisation with $4 million in assistance from the regional development agency, Canada Economic Development. MSBi Valorisation will focus on technology projects and early-stage companies and preparing them for further financing….

MSBI invests $650,000 in new start-up firm

MSBI Capital has invested $650,000 in CarboPur Technologies Inc, a start-up firm founded on the research of Dr Jean-Pierre Farant at McGill Univ’s department of occupational health. CarboPur is commercializing a high density activated carbon felt with a low-cost manufacturing process and patented regeneration technology. Targeted applications include air and water filtration. The Montreal-based firm…