# MEDTEQ+

> MEDTEQ+ is a VC fund in Montreal backing Health Care and Medical Device. See 33 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Montreal, Canada
- Total investments: 33
- Last investment: Jul 2026
- Lead investor: 48%
- Fund size: $10M
- Last fund: Jul 2018
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/consortium-medteq
- X (Twitter): https://twitter.com/medteq_ca
- Website: http://www.medteq.ca/en/

MEDTEQ+ is a non-profit organization for industrial research and innovation in medical technology. The organization accelerates the development of innovative technological solutions to improve patients’ health and quality of life by mobilizing Canadian talents. They bringing together the key players in healthcare and innovation allows them andtheir partners, to offer Canadians access to novel solutions.MEDTEQ’s mission is, through collaborative, industry-led projects, to accelerate innovation and position, on a global scale, products and services developed by the Canadian medical technologies industry.

## Contacts

5 contacts available for MEDTEQ+. Shizune tracks 4 team members at MEDTEQ+. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/medteq?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.5M–$4M |
| Series A | $2.9M–$20M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 22 | 67% |
| Medical Device | 13 | 39% |
| Biotechnology | 6 | 18% |
| Medical | 5 | 15% |
| Artificial Intelligence | 5 | 15% |

38 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 14 | 42% |
| Funding Round | 5 | 15% |
| Series A | 4 | 12% |
| Grant | 3 | 9% |
| Pre-Seed | 3 | 9% |

7 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 26 | 79% |
| United States | 1 | 3% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Diane Côté | President & CEO | 1 | https://shizune.co/investors/profile/diane-c%C3%B4t%C3%A9 |
| Jacques Milette | Président sortant du CA, MEDTEQ+ | 0 | https://shizune.co/investors/profile/jacques-milette |
| Meryeme Lahmami | Investment manager | 0 | https://shizune.co/investors/profile/meryeme-lahmami |
| Robert Ritlop | Director of Investments | 4 | https://shizune.co/investors/profile/robert-ritlop |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| AI4Eyes | AI4Eyes focuses on leveraging artificial intelligence to improve the diagnosis and treatment of dry eye disease. The company provides tools and solutions that assist healthcare professionals in identifying and managing this condition more effectively. By utilizing machine learning algorithms, AI4Eyes aims to enhance clinical decision-making andpatient outcomes in ophthalmology. The company addresses the complexity of dry eye disease and the challenges faced by doctors in staying updated with the latest practices. | $492.4K | Grant | Jul 07, 2026 |  |
| NURA Medical | At NURA Medical, our mission is to improve pediatric patient care and clinical efficiency in emergency situations. Our IV Assistant facilitates medication preparation, ensuring children receive the right medication dosage every time. | $73K | Grant | Jul 18, 2024 |  |
| Swiftsure Innovations | Swiftsure Innovations provides registered nurses with the tools required to improve patient outcomes.It develops a medical device that enhances oral care for patients on life support with the aim of decreasing the incidence of ventilator-acquired pneumonia, length of mechanical ventilation, and length of hospital stay.Creative Destruction Labssupports the company. | $1.7M | Seed | May 18, 2023 |  |
| Eli | Eli empowers women to understand their body and the transitions it goes through every day, and across life. We develop a device that uses saliva to capture hormone fluctuations at home, and an app that gives women the information they want to own their health decisions. | $3.6M | Seed | Apr 04, 2023 |  |
| Arbutus Medical | Every hospital in the world is faced with a major challenge - the rising cost of heathcare - we want to do something about it. Arbutus Medical’s purpose is to develop a portfolio of “frugal innovation” devices that save costs for hospitals and improve access to orthopedic surgery for 5 million patients by 2030. Arbutus Medical's flagshipproduct is a radically affordable orthopaedic power tool system that is used in North American Trauma Centers, veterinary hospitals, military deployments, NGO missions, and hospitals in over 30 low- and middle-income countries worldwide. | $2.3M | Seed | Feb 13, 2023 |  |
| LUCID | LUCID curates and creates personalized therapeutic music using biometrics, psychometrics, and AI to improve mental health and wellness. | $2.3M | Seed | Aug 12, 2022 |  |
| LUCID | LUCID curates and creates personalized therapeutic music using biometrics, psychometrics, and AI to improve mental health and wellness. | $2.5M | Pre-Seed | Aug 12, 2022 |  |
| HALEO Clinic | HALEO’s mission is to improve human health and performance by increasing access to high quality care for poor sleep. Our specialty clinic is accessible through our mobile app, providing professional and digital SaaS solutions that are clinically proven to improve sleep and mood. Our services help organizations reduce costs related to productivitylosses, accidents, burnout and disability by helping their employees sleep better. | $4M | Seed | Jul 05, 2022 |  |
| Ditch Labs | Ditch Labs is a digital health company pioneering substance addiction treatment by combining AI-driven behavioural therapy with revolutionary drug delivery devices. Using a novel digital therapeutic approach, Ditch is aiming to solve the world’s leading cause of preventable death, starting with nicotine addiction. | $350K | Seed | Feb 14, 2022 |  |
| Sonic Incytes | Sonic Incytes is a medical device start-up company developing quantitative ultrasound for point-of-care diagnostic and procedure guidance. our mission to enable routine assessment and management of liver health, with diagnostic accuracy you can count on. | $7.3M | Series A | Dec 07, 2021 |  |

10 of 33 investments shown.

## Co-investors
- [Anges Quebec](https://shizune.co/investors/profile/anges-quebec) — VC Fund, 11 deals together
- [AQC Capital](https://shizune.co/investors/profile/anges-qu%C3%A9bec-capital) — VC Fund, 10 deals together
- [Real Ventures](https://shizune.co/investors/profile/real-ventures) — VC Fund, 10 deals together
- [Innovacorp](https://shizune.co/investors/profile/innovacorp) — VC Fund, 8 deals together
- [Desjardins Venture Capital](https://shizune.co/investors/profile/desjardins-venture-capital) — VC Fund, 4 deals together
- [Leva Capital](https://shizune.co/investors/profile/leva-capital) — VC Fund, 3 deals together

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## FAQ

### What does MEDTEQ+ invest in?

MEDTEQ+ invests primarily in Health Care, Medical Device and Biotechnology startups, most often at Seed and Funding Round stage. Most of the 33 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is MEDTEQ+'s check size?

MEDTEQ+ typically joins rounds of $1.5M–$4M at Seed and $2.9M–$20M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds MEDTEQ+ participates in.

### How do I contact MEDTEQ+?

Public channels for MEDTEQ+ include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at MEDTEQ+?

The team at MEDTEQ+ includes Diane Côté (President & CEO), Jacques Milette (Président sortant du CA, MEDTEQ+) and Meryeme Lahmami (Investment manager). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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