Where is ACET's headquarters located?

ACET's headquarters is located in Sherbrooke (Canada).

How big is ACET's investment team?

ACET has a team of 18, including 13 partners.

How many companies has ACET invested in?

ACET has invested in 80 companies, including SBQuantum & Agendrix.

Which companies has ACET invested in lately?

Simmunome & Octav are the latest investments by ACET.

How many exits has ACET been involved in?

ACET's portfolio has seen 3 acquisitions.

ACET - 2026 Investor Profile, Portfolio, Team & Investment Trends

ACET, an accelerator and incubator program founded in 2011, is based in Sherbrooke, Canada. With a presence in 3 countries, it has supported around 80 startups in sectors like High Tech, Enterprise Applications. As of Oct 2026, ACET has witnessed 3 portfolio exits. Most notable companies in its portfolio include SBQuantum, Agendrix and Boreas Technologies. The program is backed by a team of 18 people who primarily support Seed startups based in Canada. Its latest investment was a $1.48M Seed round in Simmunome on Sep 18, 2023, which also saw participation from Theodorus and Invest Quebec.

Key Metrics

Founded Year

2011

Location

Sherbrooke, Canada

Portfolio Companies

SBQuantum, Agendrix & 78 more

Sectors of Investment

High Tech, Enterprise Applications & 30 more

Stages of Investment

Seed

Locations of Investment

Canada, France & 1 more

View ACET's full profile

ACET has a portfolio of 80 companies. Their most notable investments are in BioAlert Solutions and LUMED.Their portfolio spans across Canada, France and Monaco. They have invested in High Tech, Enterprise Applications, Life Sciences and 29 other sectors, across stages such as Seed stage. Here is the list of top investments by ACET:

1. SBQuantum

Developer of quantum magnetometers and magnetic intelligence solutions for various industries. The company’s technology enhances magnetic field measurement specificity through a novel quantum magnetometer. This magnetometer powers a dashboard that allows clients to explore and navigate using fluctuations in the Earth’s magnetic field. Applications include mining exploration, autonomous vehicle navigation, defense, security sensing, and space-based data capture.

Key facts about SBQuantum

Founded Year: 2018
Location: Sherbrooke (Canada)
Stage: Seed
Total Funding till date: $4M
Employee Count: 39 as on Aug 31, 2026
Investors: Prospect Innovation, Quantonation and 3 Others
Latest Funding Round: Seed, Apr 16, 2026, $*****
Highlight: Editors' Pick

2. Agendrix

Agendrix is a cloud-based employee scheduling software. It has three products- employee scheduling that includes features for managing employee schedules, instant notifications, centralized visibility of leave and availability, open shift requests for available employees to apply for, and a bulletin board for communication, time and attendance software that automates timesheets and provides employee clock in- clock out functionality, and resource management software to allocate and manage services/resources. The employee scheduling and time and attendance software are priced at $1.5/employee/month. Clients include Subway, Burger King, Hello Print, metro and others.

Key facts about Agendrix

Founded Year: 2011
Location: Sherbrooke (Canada)
Stage: Acquired
Total Funding till date: $4.2M
Employee Count: 62 as on Aug 31, 2026
Investors: Desjardins, BDC and 1 Other
Latest Funding Round: Series A, Jun 22, 2021, $*****
Highlight: Acquired

3. Boreas Technologies

Low-power IC chips. Its offerings include piezo driver solutions and development kit combining two high voltage piezo drivers. Piezo actuators, TDK Power Hap 2.5G, and Mide Technology PPA-2014 are also included in the kit. The company developed this low power kit to observe the low power operation while using haptic technology.

Key facts about Boreas Technologies

Founded Year: 2016
Location: Bromont (Canada)
Stage: Series B
Total Funding till date: $12M
Employee Count: 39 as on Aug 31, 2026
Investors: Archerman Capital, Anges Quebec and 3 Others
Latest Funding Round: Series B, Nov 16, 2023, $*****
Highlight: Editors' Pick

4. Classcraft

App-based platform helping teachers to reward students. It offers teachers behavioral tools, student engagement, and classroom management tools. It also helps students to be motivated and engage in class by creating animated characters for them.

Key facts about Classcraft

Founded Year: 2013
Location: Quebec City (Canada)
Stage: Acquired
Total Funding till date: $13.4M
Employee Count: 7 as on May 31, 2026
Investors: Whitecap Venture Partners, Brightspark Ventures and 7 Others
Latest Funding Round: Series A, Mar 26, 2021, $*****
Highlight: Acquired

5. UGOWORK

Key facts about UGOWORK

Founded Year: 2015
Location: Quebec City (Canada)
Stage: Series C
Total Funding till date: $74.2M
Employee Count: 62 as on Aug 31, 2026
Investors: Export Development Canada, Desjardins and 5 Others
Latest Funding Round: Series C, Jul 31, 2024, $*****

View the full list of portfolio companies

ACET has invested in 80 companies over the last 10 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Simmunome.

Here are ACET's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	0	0	0
2024	0	0	0
2023	2	0	2
2022	1	0	1
2021	2	0	2
2020	0	0	0
2019	1	0	1
2018	1	0	1
2017	2	0	2

View all investments by ACET

ACET has made 10 investments in Seed stage with an average round size of $1.45M.

View all investments by ACET

ACET has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Life Sciences, HealthTech and Blockchain - Industry Applications. Notably, it has invested in 50 Tech companies, 47 Enterprise (B2B) companies, 26 Software companies and at least 16 companies focusing on Consumer (B2C).

Here are ACET's investments by sector:

Sector	No. of Investments
Enterprise Applications	4
High Tech	3
Life Sciences	3
HealthTech	2
Blockchain - Industry Applications	1
Others	7

Note: We have considered here, only first round of investments

View all investments by ACET

ACET has made most investments in Canada (10).

View all investments by ACET

ACET has not made any investment in 2026 so far.

Here are the most recent investments by ACET:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Sep 18, 2023	Simmunome	Canada	Seed	2216	Theodorus [+3]
Sep 12, 2023	Octav	Canada	Seed	5809	Nascent [+7]
Oct 06, 2022	Immugenia	Canada	Seed	3947	adMare BioInnovations [+1]
Oct 12, 2021	Dyze Design	Canada	Seed	1432	Boreal Ventures [+1]
Sep 08, 2021	Gallea	Canada	Seed	7201	THCAP [+5]

See more recent investments made by ACET

3 companies from ACET's portfolio have been acquired. The most recent acquisition was Agendrix in Jun 2024 by The Citation Group for $*****.

Here are ACET's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Agendrix	Jun 20, 2024	-	-	1627
LUMED	Jan 11, 2024	Apr 19, 2017	Seed	2431
Classcraft	May 12, 2023	-	-	8040

View all acquired companies in ACET's portfolio

ACET has a team of 18 members including 13 Partners and 3 Principals located in Canada and Quebec. ACET's team sits on the board of 2 companies.

Here is a list of top team members in ACET:

Name	Designation	Location	Board Memberships	Contact Details
Sophie Forest	Partner	Montreal	Deep Sky and Callia	2 Phone numbers
Matthew Cassar	Partner	Sherbrooke	-	-
Jacques Lajoie	Partner	Sherbrooke	-	1 Email
Martial Bilodeau	Partner	Sherbrooke	-	1 Email
Marilyn Perron	Partner	Sherbrooke	-	-
Michel Coutu	Partner	Ottawa	-	-
Paul Gobeil	Partner	Montreal	-	-
Nathalie Beauregard	Partner	Montreal	-	-
Josee Ouellet	Partner	Quebec	-	-
Bernard Labrecque	Partner	Quebec	-	-
Louis Valiquette	Partner	Sherbrooke	-	-

View team details of ACET

Over the past 10 years, 34 investors have co-invested in ACET's portfolio companies. This includes funds and angels.

Invested before ACET: Cooperathon, Front Row Ventures and 1 other have invested in rounds before ACET. There is 1 company where Cooperathon has invested before ACET and 1 company where Front Row Ventures has invested before ACET.
Top Co-investors of ACET: 25 investors entered a company along with ACET. These include investors like Anges Quebec (3 companies).
Invested after ACET: A total of 6 investors have invested in ACET's portfolio after their investments. Top Investors include Amplify Capital (1 company) and Invest Quebec (1 company).