Fondaction and Investissement Québec have jointly invested seven million dollars in Marine Presse to support its technological transformation and maintain its leadership in the maritime transport industry.

Information on the Target

Marine Presse, based in Montreal, is a leading provider of integrated navigation solutions for maritime vessels. The company specializes in offering a comprehensive range of navigation products, from traditional paper charts to advanced digital navigation systems. These solutions are designed to provide reliable, efficient, and safe navigation information to users, solidifying Marine Presse's position as a key player in the global maritime transport sector.

With a dedicated workforce of over 70 employees at its Montreal headquarters, Marine Presse has established itself as a pioneer in creating high-performance solutions that drive the maritime industry forward. As the industry transitions towards digitalization, the company plays a crucial role in steering this change by continuously developing innovative technologies.

Industry Overview in Canada

The maritime transport sector in Canada is undergoing significant transformation, largely driven by advancements in technology and the increasing demand for efficient shipping solutions. The industry, comprising various sub-sectors including shippi

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Fondaction, Investissement Québec

invested in

Marine Presse

in 2018

in a Other VC deal

Disclosed details

Transaction Size: $7M

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