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asterX operates as the corporate venture capital arm of Quebecor, investing in and supporting innovative startups. The firm provides financing, strategic guidance, and access to Quebecor's network, aiming to cultivate ventures that generate value within Quebecor’s business segments and for society. Its methodology leverages deep industry insight to nurture promising companies.
Founded in 2021, asterX builds upon Quebecor's entrepreneurial legacy, originating in 1950 with Pierre Péladeau. He established Quebecor with a modest loan to acquire his first newspaper. After his passing in 1999, his son, Pierre Karl Péladeau, led the company's successful transition into the digital economy, influencing asterX's creation.
The firm partners with bold entrepreneurs, offering expansion within the Quebec venture capital landscape. asterX is dedicated to advancing economic and sustainable growth, with a vision to propel the knowledge economy and enable positive transformations across environmental and healthcare sectors.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 30, 2026 | Billdr | $3.2M Seed | White Star Capital | Desjardins Capital, Formentera Capital, One Way Ventures, Goodwater Capital, Kima Ventures, Moving Capital, Quebecor, Simple Capital |
| Jan 1, 2025 | Optable | $20.0M Series A | — | Accomplice VC, BDC Venture Capital, Brightspark Ventures, OMERS Ventures, Alex Blum, David Hahn, David Yaffe, Jim Payne, Deloitte Ventures, Desjardins Capital, Michael Nuzzo |