Five start-ups looking for funding to spice things up

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Venture capital may be harder in the coming year with an uncertain economy, but 24 start-up companies still tried to convince investors to support their project on Tuesday.

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Leaders have only three minutes to present their young company on the occasion Demo Day organized by the National Bank and a consortium of Quebec incubators.

We chose five of them that stood out in the pack. The event was held in the Zú Atrium of Maison Alcan in Montreal.

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Biolift: avoid injuries to construction sites with exoskeleton

The company led by Laurent Blanchet has developed an exoskeleton to reduce the risks associated with work -related accidents. The device attaches to the body and provides better back support for physically engaged workers, such as construction workers.

In the context of labor shortages at construction sites, Biolift hopes to contribute to the productivity of builders. Eurovia Quebec, a subsidiary of French company VINCI, and Hydro-Quebec are among its customers. So far, 50 exoskeletons have been sold.

We’re in pre-marketing mode because we want to make sure users like the product. We did a great test last year and there we have more finished products. Next year, we want to market on a larger scale, but we need investors.

A quote from Laurent Blanchet, President and CEO, Biolift

Paperplane Therapeutics: managing the anxiety and pain of hospitalized children

A child receiving the COVID-19 vaccine.

Dr. Jean-Simon Fortin of Sainte-Justine University Hospital Center is looking for ways to reduce anxiety and pain in children. He has come up with a therapeutic solution using video games in virtual reality, which can disrupt the child, act on the nervous flows of the brain and reduce drug doses.

In the main victims of burns, from restless children to pain have become calm and relaxed, he explains in his presentation. During the COVID-19 vaccination campaign, more than 50,000 children benefited from this initiative.

LivingSafe: detecting an anxiety situation in a senior

An image of a man lying on the floor in his bedroom.

When David Landry’s grandmother collapsed and lost consciousness, she regrets no one will know in a reasonable time. This is a frustrating fact for staff and facilitieshe argued.

The young entrepreneur set up LivingSafe and developed Lisa, a smart tracking system. A device installed in a bedroom makes it possible, for example, to determine falls, night wandering, getting out of bed and vital signs. Elderly facility staff are notified when a malfunction occurs.

Gallea: makes the points of sale of works of art interactive and mobile

Paintings displayed in a meeting room

In hopes of democratizing art and filling in the empty walls, Guillaume Parent created Gallea, a platform for selling works of art online, but also intended for simplified management of local exhibitions within companies and businesses.

The pieces, often painted by artists, can be seen in offices, restaurants or hotels; the rotation takes place every few months. These are provided by the young company, which earns a commission when they are sold. Since its launch in 2018, the platform has represented more than 40,000 works.

UgoWork: revolutionizing 1950s forklift technology

A forklift in a tire warehouse.

In the battery sector, Lion Electric is often cited as a reference to Quebec. But the ecosystem also includes smaller players like UgoWork. Forklifts have still been using technology since the 1950s and it is slowing down operatorsunderlined marketing director Jean-François Marchand.

The young company has developed lithium-ion batteries that replace old lead-acid batteries and offer longer life. What also arouses the interest of customers like Toyota is that UgoWork offers a turnkey service: the installation of batteries and charging stations, and monitoring their condition in real time to avoid avoidance. and prevent cessation of operations.

Source: Radio-Canada

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