Industries We Review
Seventeen sectors where the Canadian market has depth, and where a company can evidence a real product, intellectual property or a verified resource asset.
Depth, Evidence and Precedent
We review sectors where three conditions hold: the Canadian market has an established base of investors and professionals who understand the business model, there is precedent for companies of that type entering the market through a Reverse Takeover, and a company can produce evidence a third party is able to verify.
Sector fit alone does not qualify a company. A business in a sector we review still has to meet our selection criteria — a verifiable asset, documented ownership, auditable financial reporting, capable management and a budget for preparation.
4 sectors
Artificial Intelligence
Applied AI companies with deployed models, proprietary data rights and contracted revenue.
What we reviewMachine Learning
ML infrastructure, MLOps and applied modelling businesses with a defensible technical position.
What we reviewEnterprise Software
B2B SaaS and enterprise platforms with contracted recurring revenue and measurable retention.
What we reviewDeepTech
Science-led companies with granted patents, laboratory validation and a defined commercialisation path.
What we review4 sectors
Cybersecurity
Security products and services with certified capability, referenceable customers and renewal history.
What we reviewPost-Quantum Cryptography
PQC implementations and migration tooling built on standardised algorithms with validated implementations.
What we reviewQuantum Technologies
Quantum computing, sensing and communications companies with hardware milestones and institutional partners.
What we reviewHigh-Performance Computing
HPC platforms, compute providers and specialised silicon with secured capacity and contracted demand.
What we review3 sectors
FinTech
Regulated and regulation-adjacent financial technology with licences, compliance history and unit economics.
What we reviewFinancial Infrastructure
Payments rails, clearing, custody and market infrastructure with institutional counterparties.
What we reviewBlockchain Infrastructure
Infrastructure, tooling and enterprise applications — not token issuance or speculative digital assets.
What we review6 sectors
Data Centers
Data centre operators and developers with site control, power agreements and tenant commitments.
What we reviewAdvanced Manufacturing
Precision, automated and materials manufacturing with qualified production and contracted offtake.
What we reviewIndustrial Technologies
Automation, robotics and industrial software with deployed installations and service revenue.
What we reviewCritical Minerals
Lithium, rare earth, nickel, copper and graphite projects with defined resources and secure title.
What we reviewMining and Resources
Exploration, development and production companies with compliant technical reporting.
What we reviewEnergy Technologies
Storage, grid technology, efficiency and generation businesses with contracted revenue and permits.
What we reviewSector Fit Is Not Enough
Regardless of sector, we do not review companies without a product, technology, licence or asset; single-idea projects; companies with opaque ownership; sanctioned parties; defence and military projects; speculative token ventures; or companies without a budget for legal, audit and corporate preparation.
Let’s discuss the next step for your project.
Tell us what you are working on and where it is stuck. If we are not the right people for it, we will say so and point you somewhere better.