Devolutions, a Quebec-based productivity platform provider, has launched a new corporate venture capital arm, Devolutions Ventures. This move signals a significant investment in the IT and managed service provider technology landscape, potentially fostering innovation and offering a safety net for emerging companies. The company intends to invest between $500,000 CAD and $3 million USD, and has already made several initial investments, including in Montréal-based Obkio.
Read the full article at BetaKit
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