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About MEDTEQ

MEDTEQ, an accelerator and incubator program founded in 2013, is based in Montreal, Canada. With a presence in 4 countries, it has supported around 24 startups in sectors like HealthTech, Life Sciences. Most notable companies in its portfolio include SeamlessMD, Eli and QurCan Therapeutics. The program primarily supports Seed startups based in Canada. Its latest investment was a $493K Grant (prize money) round in Ai4eyes on Jul 08, 2026.
Key Metrics
Founded Year
2013
Location
Montreal, Canada
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed, Series A & 2 more
Locations of Investment

MEDTEQ's List of Top Investments

MEDTEQ has a portfolio of 24 companies. Their most notable investments are in Aifred Health and Aifred Health.Their portfolio spans across Canada, United States, Singapore and 1 more locations. They have invested in HealthTech, Life Sciences, Enterprise Applications and 5 other sectors, across stages such as Seed, Series A  and 2 more. Here is the list of top investments by MEDTEQ:
Seamless Mobile Health is a technology company with a mobile platform to prevent hospital readmissions. The platform empowers patients to manage their recovery process after surgery and enables hospitals to catch complications earlier. It is being piloted at various hospitals and health networks, including a Top 20 U.S. medical center. The platform won 1st place at Canada's national eHealth conference in May 2013.Seamless Mobile Health is an alumni of The Next 36 technology accelerator. SeamlessMD is a Forbes 30 Under 30 company in the Healthcare category. Named by CIX as one of Canada's top 20 hottest innovation companies in 2013.

Key facts about SeamlessMD

2. Eli

Eli is a provider of AI-based smart devices for women to monitor reproductive health. The platform provides a point-of-care device for women to get their everyday hormone profile, at home, from a saliva sample. The device helps to monitor their reproductive lives, including contraception, fertility, and menopause. It also provides an AI-based mobile app that enables users to interpret the information collected by the device and make informed decisions.

Key facts about Eli

Developer of precision medicine for solid tumors. It offers a nanotechnology drug delivery platform for the targeted delivery of nucleotide acids and chemotherapeutics to diseased areas for the treatment of cancer and neurodegenerative diseases.

Key facts about QurCan Therapeutics

4. BIOS

Developer of neural interfaces and AI for neural data analysis. It offers a platform to measure and analyze neural data in real-time. It focuses on creating programming languages for the nervous system. It allows insight into diseases and the creation of new treatments. It personalizes therapies using neural recordings and AI.

Key facts about BIOS

Developer of point-of-care ultrasound diagnostic device. The company offers Velacur to detect and manage liver diseases caused by metabolic syndrome. The data is tracked by the clinical decision-making support platform that uses AI to enable healthcare professionals to diagnose the problem and aid in treatment planning.

Key facts about Sonic Incytes

  • Founded Year: 2017
  • Location: Vancouver (Canada)
  • Stage: Series A
  • Total Funding till date: $9.84M
  • Employee Count: 45 as on Sep 30, 2026
  • Investors: Flucas Ventures, Mana Ventures and 18 Others
  • Latest Funding Round: Series A, Dec 07, 2021, $*****
  • Highlight: Editors' Pick

MEDTEQ's Investments by Stage

MEDTEQ has made 12 investments in Seed stage with an average round size of $1.87M, 2 investments in Series A stage with an average round size of $5.16M, 1 investment in Grant (prize money) stage with an average round size of $493K and 1 investment in Series B stage with an average round size of $5.4M.
Here are MEDTEQ's investments by stage:
Stage of entry
No. of Investments
Seed
12
Series A
2
Grant (prize money)
1
Series B
1
Breakdown of MEDTEQ's investments by stage of entrySeed (12)Series A (2)
Note: We have considered here, only first round of investments

MEDTEQ's Investments by Sector

MEDTEQ has a diverse portfolio, with companies operating in the HealthTech, Life Sciences, Enterprise Applications, Artificial Intelligence - Industry Applications and Vertical SaaS. Notably, it has invested in 23 Tech companies, 19 Enterprise (B2B) companies, 17 Software companies and at least 9 companies focusing on Tech hardware.
Here are MEDTEQ's investments by sector:
Sector
No. of Investments
HealthTech
12
Life Sciences
8
Enterprise Applications
5
Artificial Intelligence - Industry Applications
4
Vertical SaaS
3
Others
5
Breakdown of MEDTEQ's investments by sectorsHealthTech (12)Life Sciences (8)
Note: We have considered here, only first round of investments

MEDTEQ's Investments by Geography

MEDTEQ has made most investments in Canada (12), followed by United States where it has made 2 investments.
Here are MEDTEQ's investments by geography:
Country
No. of Investments
Canada
12
United States
2
Singapore
1
United Kingdom
1
Breakdown of MEDTEQ's investments by countriesCanada (12)United States (2)
Note: We have considered here, only first round of investments

MEDTEQ's recent investments

MEDTEQ has made 1 investments in 2026 so far - Ai4eyes.
Here are the most recent investments by MEDTEQ:
Date
Company
Location
Round Details
Round Amount
Co-Investors
Jul 08, 2026
Canada
Grant (prize money)
7545
-
May 22, 2023
United States
Seed
4628
Apr 04, 2023
Canada
Seed
1055
Feb 13, 2023
Canada
Seed
3520
Jul 25, 2022
United Kingdom
Seed
7665
-

Co-investors of MEDTEQ

Over the past 8 years, 83 investors have co-invested in MEDTEQ's portfolio companies. This includes funds and angels.

  • Invested before MEDTEQ: Real Ventures, BDC and 30 others have invested in rounds before MEDTEQ. There are 2 companies where Real Ventures has invested before MEDTEQ and 1 company where BDC has invested before MEDTEQ.
  • Top Co-investors of MEDTEQ: 30 investors entered a company along with MEDTEQ. These include investors like Anges Quebec (4 companies).
  • Invested after MEDTEQ: A total of 21 investors have invested in MEDTEQ's portfolio after their investments. Top Investors include BDC (2 companies) and Desjardins (2 companies).

Recent News related to MEDTEQ

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