Montréal’s Ax.c Innovation Hub Secures $1.1M Funding Renewal From City

Deal Summary

Ax.c, the Montréal innovation hub operated by ÉTS, announced a $1.5 million (approx $1.1M USD) funding renewal from the city of Montréal over three years, extending subsidies for startup office space and supporting international expansion. The deal was announced on Tuesday and includes a partnership with the DMZ incubator, though the primary transaction is the city's funding.