Organization · Corporate Venture Capital
asterX
AsterX is the corporate venture capital arm of Quebecor, based in Montreal, Canada. It invests in innovative and sustainable startups across various sectors, leveraging Quebecor's resources to support portfolio growth.
Overview
What asterX does
What asterX is
AsterX is the corporate venture capital arm of Quebecor, based in Montreal, Canada. It invests in innovative and sustainable startups across various sectors, leveraging Quebecor's resources to support portfolio growth.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Corporate Venture Capital
- Founded
- Founded in 2021
- Approximate age
- About 5 years
- Structured capabilities
- Funder
- Last reviewed
- May 5, 2026
Official channels
Find asterX elsewhere
Open the official website or a supported primary organization account.
Capability profile
asterX as a funder
Investment thesis
AsterX invests in entrepreneurs first, emphasizing authenticity and transparency, with a focus on sustainable business models and societal impact, particularly in sectors relevant to Quebecor's core interests.
Focus narrative
AsterX invests in early-stage to post-seed startups, with initial investments ranging from $250,000 to $5 million. The organization is particularly interested in sectors that align with Quebecor's core business, including AdTech/MarTech, data intelligence platforms, B2C virtual marketplaces, media and entertainment technologies, sports technologies and esports, cybersecurity, managed IoT solutions, home automation, and educational technologies. AsterX also focuses on revolutionary innovations that address significant societal challenges, such as decarbonization technologies and health technologies.
Value beyond capital
AsterX provides its portfolio companies with access to Quebecor's extensive operational network, facilitating commercial partnerships, validation, and resource access. The firm emphasizes long-term support for entrepreneurs, helping them navigate growth stages while leveraging Quebecor's expertise in various sectors.
Terms and economics
- Typical check
- $250,000–$5,000,000
Focus and fit
- Stages
- Seed · Series A · Series B · Growth Equity
- Sectors
- Adtech · Martech · SaaS · Consumer · Media · Sports Tech · Cybersecurity · IoT · Edtech · Healthcare
- Regions
- North AmericaEurope
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded notable exits
- Delve Laboratories
Portfolio context
AsterX's portfolio includes various innovative companies, such as Aerial, a WiFi motion intelligence and analytics platform; Arcadia.tv, an athletic video games platform blending sports and esports; Billdr, an AI-native construction operating system; Elia, a hybrid workspace-management IoT ecosystem; IONODES, connected enterprise IoT video solutions; Optable, an identity management platform; Paratus Medical, an AI emergency-response platform; Potloc, an AI-powered survey platform; Puzzle Medical Devices, a minimally invasive heart-pump technology; Receptiv, an AI suite for advertising solutions; and Delve Laboratories, a cybersecurity company acquired by Secureworks.
Common questions
What to know about asterX
Upseed classifies asterX under the Corporate Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
May 5, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.