TandemLaunch Secures $37M for Deep Tech and Sustainability Startups

Montreal-based TandemLaunch, a venture creation studio and seed fund, has successfully closed its fourth fund, TandemLaunch Ventures Fund IV (TLVIV), raising over $37 million. The fund aims to support 15 startups specializing in deep technology and innovative sustainability solutions.

The new investment pool brings together contributions from Venture Capital Catalyst Initiative (VCCI), BDC Capital, Fonds de solidarité FTQ, and more than 30 family offices and angel investors from both domestic and international markets. TandemLaunch has built a reputation for identifying and commercializing cutting-edge technologies developed in academic institutions, helping transform them into scalable, high-growth ventures. With TLVIV, the company will continue providing financial backing and strategic support to emerging startups with significant market potential.

Helge Seetzen, CEO and Managing Partner of TandemLaunch, emphasized the importance of sustainable solutions in the field of AI-driven computing. He noted that the firm remains committed to fostering deep technology companies in fields such as advanced computing, communication, and materials. He pointed out that AI-driven solutions like Recho.ai are working on improving real-time speed, security, and energy efficiency for edge devices while reducing the environmental footprint of data centers. With AI adoption increasing at an unprecedented rate, the demand for sustainable computing technologies has become more critical.

Managing Partner Émilie Boutros highlighted TandemLaunch's dedication to fostering a diverse and inclusive entrepreneurial ecosystem. She stated that a multicultural approach to supporting talented entrepreneurs and technologists has proven to be a key driver of success. She also revealed that TLVIV has already made investments in two startups, Agapyo and Waveshaper, both of which are leveraging deep tech innovations to transform their respective industries. These companies, led by women co-founders and technologists, align with TandemLaunch's mission to drive groundbreaking advancements in technology.

The TandemLaunch model stands out within Canada’s startup landscape due to its unique approach to identifying and nurturing disruptive technologies with strong commercial potential. By bringing together experienced entrepreneurs, technical talent, and seed capital, the company facilitates a more efficient startup process while mitigating the risks associated with launching new technological innovations. With TLVIV, TandemLaunch aims to accelerate the development of next-generation solutions that will shape the future of deep tech and sustainability.