CDPQ launches $250 mln fund for growth-stage AI companies
Caisse de dépôt et placement du Québec (CDPQ) has launched a $250 million fund to invest in growing Québec companies with artificial intelligence (AI)-enabled product offerings. The fund, managed by the Canadian pension system's venture capital and technology team, will invest directly in expansion-stage companies with sound business models, growth potential, seasoned management and dedicated teams with AI experience. Target opportunities will include companies emerging from early stages of development in the portfolios of CDPQ-backed venture capital firms.
18 March 2019•4 mins read
