Generalist · Montreal, QC
Fonds de solidarité FTQ
Quebec's largest development capital, labour-sponsored.
- Cheque
- $2M to $10M
- Role
- Can lead a round
- Pace
- Deploying heavily
- Kind
- Generalist
- Based in
- Montreal, QC
- Founded
- 1983
- Works in
- FR + EN
- Last deal seen
- March 2026
- Stages
- Series A, Series B and later
Their thesis, in full
Founded in 1983, the Fonds de solidarite FTQ is the largest development capital investment network in Quebec with $23.7B in net assets (May 2026). It functions as a labour-sponsored venture capital corporation (LSVCC) eligible for federal and provincial tax credits. The Fonds supports thousands of Quebec companies through direct and indirect venture and growth investments. For tech, initial cheques start at $2M and total investments can exceed $10M. Anchor LP in many Canadian tech VC funds (Inovia, White Star, TandemLaunch, Diagram, AQC Capital). Strong recent push into AI-native deal sourcing via 2026 partnership with Jolt Capital.
What they bring past the cheque
- Largest QC development capital pool
- Anchor LP in Canadian tech funds
- LSVCC tax credit context
- Long-term patient capital
- Jolt Capital AI-sourcing partnership
Questions they usually ask
Have an answer ready for each one before the first call.
- Are you targeting direct FTQ investment or indirect via one of its 90+ partner VC funds?
- How does your business contribute to Quebec employment, which is core to the Fonds' mandate?
- What is your scale-up plan and how does long-horizon LSVCC capital fit?
Follow-on
With 23,7 G$ in net assets, the Fonds can follow on from seed to growth with cheques scaling beyond 10 M$, and amplifies follow-on indirectly via 90+ partner VC funds (Inovia, Diagram, White Star, TandemLaunch).
Who to talk to
- Janie BeiquePresident and Chief Executive Officer
- Dany PelletierExecutive Vice-President, Private Equity and Impact Investing
- Philippe P. HuneaultVice-President Equity and Impact Investing - Technology, Fund Management and Chief International Business Development
- Isabelle RenaudExecutive Vice President, Saving Market
Portfolio
Names they back, most notable first.
- FemtumSeries A · 2026
- Profil electriqueTransfer · 2025
- Mistral Venture Partners Fund IV2024
Often in the same rounds
Investors seen alongside them in past rounds.
Similar investors
Overlapping sectors and stages. Useful to build a list of 10 to 20 names for one round.
See how they fit your round
Set your stage, sector and amount once. Fractal App tells you if Fonds de solidarité FTQ can lead it, tracks every follow-up, and counts the days of silence. Free, no card.
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