Connect with us

Technology

Jolt Capital and Fonds de solidarité FTQ form strategic partnership to enhance Québec’s Venture Capital ecosystem via AI-powered intelligence platform

Published

on

MONTREAL and PARIS, May 7, 2026 /CNW/ – Jolt Capital, a leading European private equity firm specializing in growth-stage deeptech, and the Fonds de solidarité FTQ (“Fonds”), Québec’s largest development capital fund, today announced a strategic partnership to accelerate the growth of the province’s technology sector.

Under this agreement, the Fonds’ partner venture capital funds will gain exclusive access to Jolt.Ninja, Jolt Capital’s proprietary AI-native investment platform. Developed internally since 2016, Jolt.Ninja leverages advanced the latest developments in foundation models, natural language processing and agentic AI to monitor over 5 million company profiles in real-time and analyze more than 8 million patents to identify high-fidelity investment signals. This initiative marks the first step in a broader long-term collaboration between Jolt Capital and the Fonds aimed at strengthening the Québec innovation pipeline.

Augmenting the Québec VC Ecosystem

The integration of Jolt.Ninja provides Québec investors with an “always on” digital smart companion that augments every stage of the investment lifecycle:

Deal Sourcing: Identification of “off-radar” targets through automated screening that adds one new company every minute.Research & Analysis: Comprehensive sector analysis and access to an AI agent that supports partners at all stages of investment.Value Creation: Automated document ingestion, portfolio management playbooks, and monitoring of 8 million key executives for management transitions.Strategic Intelligence: Access to a repository of deeptech research reports–the Jolt Library–covering semiconductors, AI, and energy to democratize complex market insights.

This partnership underscores a shared commitment to an “alliance of middle powers” as recently extolled by Prime Minister Mark Carney. By bridging the investment ecosystems of Canada and Europe, both organizations are fostering a strategic corridor that allows high-growth technology companies to scale across international markets more efficiently.

Jean Schmitt, President and Managing Partner of Jolt Capital, commented:

“At Jolt Capital, we believe that the next generation of industrial giants will be built on data-driven discipline. By opening Jolt.Ninja to the Fonds and its partners, we are empowering the local ecosystem with the same intellectual engine we use to scale deeptech leaders in Europe. This collaboration is a testament to the power of middle powers working together to secure technological sovereignty and industrial excellence.”

Dany Pelletier, Executive Vice-President, Private Equity and Impact Investing at Fonds de solidarité FTQ, added:

“Our mission has always been to drive Québec’s socio-economic growth by supporting the businesses of tomorrow. Partnering with Jolt Capital allows our network of VC funds to leverage world-class AI tools to identify and support the most promising innovations. This is about giving our ecosystem a competitive edge on the global stage while ensuring sustainable value creation for the workers of Québec.”

Philippe Huneault, Vice President, Private Equity and Impact Investing,  Fund Management and Chief of International Business Development at Fonds de solidarité FTQ, stated:

“This partnership represents a natural evolution of our efforts to internationalize the investment landscape in Quebec. By combining Jolt’s technological capabilities with our deep local roots, we are creating a unique synergy that benefits the entire investment chain. This reflects our commitment to a fair technological transition, for the benefit of our partners and the economy as a whole.”

Jolt Capital’s Expansion in Canada

The partnership coincides with the unveiling of Jolt Capital’s new Montreal office at 1555 rue Peel. This milestone follows a period of rapid expansion by the PE firm in the Canadian market:

May 2024: Opening of the Montreal HQ and the recruitment of Clement Bourgogne to lead regional operations.November 2024: Execution of Jolt Capital’s first Canadian investment (Dolphin Semiconductor).August 2025: Relocation of Managing Partner Eoghan Hickey to Montreal to oversee North American growth.March 2026: Appointment of Tara Akhavan as the third full-time partner in Canada, further solidifying the local leadership team.

About Jolt Capital (www.jolt-capital.com)

Jolt Capital is a leading private equity firm specialized in growth investing in deeptech companies, with a mission to build future European leaders with a global focus. Since 2011, Jolt Capital invests in European B2B companies with revenues between €10M and €50M. Jolt Capital’s team is composed solely of experienced investors and managers of high-tech companies. Its proprietary AI platform, Jolt.Ninja, enables enriched sourcing, accelerated due diligence and automatic detection of investment or acquisition targets. Jolt Capital is located in Paris, Lausanne, Copenhagen, Milan, Montreal, Seoul, Tokyo, and London.

About the Fonds de solidarité FTQ

The Fonds de solidarité FTQ is a source of pride in Québec, delivering on its mission through a unique business model created more than 40 years ago. Since then, the Fonds has mobilized and engaged Québec by leveraging the retirement savings of more than 816,000 shareholders-savers.

With net assets totaling $23.0 billion as of November 30, 2025, the Fonds supports thousands of companies through direct and indirect venture and growth investments, guided by the belief that its investments generate both financial and societal impact. For more information, visit fondsftq.com or follow us on LinkedIn.

SOURCE Le Fonds de Solidarité des Travailleurs du Québec (FTQ)

Continue Reading

Technology

Smarter Cars, Robots and Disease Prevention: WSTDF Examines How Future Industries Take Shape

Published

on

By

CHONGQING, China, Oct. 22, 2026 /PRNewswire/ — A news report from iChongqing.

The 2026 World Science and Technology Development Forum opened in Chongqing on October 21, bringing together around 800 participants, including experts and scholars, to explore how automotive technology, robotics and other advances could shape future industries.

Wang Guangqian, President of the China Association for Science and Technology, called for technological breakthroughs, closer integration of technological and industrial innovation, greener development and stronger technology governance. He emphasized that future industries connect science and technology with the economy.

Li Junhua, UN Under-Secretary-General for Economic and Social Affairs, described engineering as a bridge between scientific discovery and industrial practice. He stressed that achieving the UN’s 2030 Sustainable Development Goals requires stronger international scientific cooperation and participation by all countries and communities.

Zhu Huarong, Chairman of China Changan Automobile Group, said cars were evolving from transportation tools into “self-evolving intelligent car robots.” The automotive industry is increasingly integrating AI, chips, communications and big data, with applications extending into energy and urban governance. In Chongqing, vehicle-road-cloud data integration supports traffic management, while vehicle-to-grid interaction and integrated energy systems could turn vehicles into mobile nodes in green energy networks.

David Lopez Perez, Professor at Universitat Politècnica de Valencia, Spain, outlined applications ranging from urban drones and industrial inspection robots to humanoid assistants for older adults. Robots must reason, plan and coordinate, supported by digital twins, intelligent systems and future 6G networks. Interoperability and standardization remain essential.

Nils Stenseth, Member of Academia Europaea and Professor at the University of Oslo, described using air travel data to build a digital twin model exploring how to prevent local epidemics from becoming global pandemics. He highlighted multisource data, digital technologies and a strong global surveillance network as tools for addressing emerging pathogens.

Together, these examples underscored the importance of interdisciplinary, cross-sectoral and international cooperation in translating advanced technologies into practical solutions.

The opening ceremony also released the Top 10 Science and Technology Foresights of 2026, covering areas including AI, brain-computer interfaces and space resource development, alongside an intelligent sensing industry map and other outcomes.

Held in Chongqing for the first time since its launch in 2019, the forum ran through October 23, featuring 12 parallel forums on intelligent sensing, AI-powered simulation, embodied intelligence, smart manufacturing, green energy and new-energy vehicles, among other fields.

For more information about the 2026 WSTDF, click here.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/smarter-cars-robots-and-disease-prevention-wstdf-examines-how-future-industries-take-shape-302916248.html

SOURCE iChongqing

Continue Reading

Technology

Distribution Utility Meet (DUM 2026) to Bring Together India’s 40+ Power Distribution Utilities in Jaipur on 27-28 October 2026

Published

on

By

10th Edition of the Annual Conference and Exhibition of Power Distribution Utilities for Collaborative Growth | 27–28 October 2026 | Jaipur

NEW DELHI, Oct. 22, 2026 /PRNewswire/ — India Smart Grid Forum (ISGF) will organize the 10th edition of the Distribution Utility Meet (DUM 2026), India’s flagship annual conference and exhibition for the power distribution sector, on 27–28 October 2026 at Jaipur, Rajasthan. The milestone edition is being held in partnership with all three Rajasthan DISCOMs, Jaipur Vidyut Vitran Nigam Limited (JVVNL), Jodhpur Vidyut Vitran Nigam Limited (JdVVNL) and Ajmer Vidyut Vitran Nigam Limited (AVVNL) as Host Utilities. DUM 2026 is supported by the Ministry of Power, NITI Aayog, Energy Department of Rajasthan Government, Central Electricity Authority (CEA) and All India DISCOMs Association (AIDA). Power Foundation of India (PFI) is the Knowledge Partner, Rajasthan Renewable Energy Corporation Limited (RRECL) is the RE Partner and Pelocal is the Powered by Partner.

Since its first edition in Bengaluru in 2017, DUM has been held in Mumbai, New Delhi, Bhubaneswar, Kochi, and Lucknow, with two digital editions in 2020 and 2021. The 9th edition in Mumbai in November 2025 drew over 600 participants, including senior officers from 45 DISCOMs. The 10th edition comes to Rajasthan, one of India’s leading renewable energy states, making Jaipur a fitting venue for discussions on integrating renewables, storage and new large loads into distribution grid. DUM 2026 is expected to bring together over 500 participants, including senior officials from 40+ DISCOMs across India and 100+ speakers, including senior utility leaders, regulators, policymakers, researchers and technology providers.

Honorable Chief Minister of Rajasthan, Shri Bhajan Lal Sharma is expected to inaugurate DUM 2026 along with Honorable Minister of State for Energy, Shri Heera Lal Nagar on 27th October 2026 at The Lalit, Jaipur. 

Announcing the event, Shri Reji Kumar Pillai, President, ISGF, said: “DUM has grown over ten editions into the one platform where India’s DISCOM leaders assemble together and learn from each other’s successes. As distribution utilities move from turnaround to transformation, with smart meters, distributed renewables, storage and new large loads such as AI data centres and EVs, that peer learning matters more than ever. We are delighted to bring the 10th edition to Rajasthan with all three state DISCOMs as host utilities.”

BSES Rajdhani Power Limited, BSES Yamuna Power Limited, Tata Power Delhi Distribution Limited, The Tata Power Company Limited, Noida Power Company Limited and Chandigarh Power Distribution Limited join DUM 2026 as Co-Host Utilities. Oracle, Enspar and The Energy and Resources Institute (TERI) are the Thematic Session Partners, Indian Energy Exchange (IEX) is the Exchange Partner and Wirepas is the Delegate Bag Partner. WorkOnGrid, Eaton, Reformtech Co., Ltd., REConnect Energy, Radius Synergies Pvt. Ltd. and Stelmec Limited joined as Technology Innovation Partners. Power Foundation of India (PFI) is the Knowledge Partner, RRECL is the RE Partner and Pelocal is the Powered by Partner.

The DUM 2026 exhibition will showcase technologies and solutions for the distribution sector. The exhibitors include Power Foundation of India, JVVNL, The Tata Power Company Limited, Tata Power Delhi Distribution Limited, Brodersen Systems Pvt. Ltd., Taurus Powertronics, BENTEC, REConnect Energy, Oracle, Yitran Technologies, WorkOnGrid, Eaton, Reformtech Co., Ltd., RMC India, Enspar Sustainability Pvt. Ltd., Kimbal, Madhav Engineers Pvt. Ltd., Elektrolites, Phoenix Contact, Radius Synergies Pvt. Ltd., Stelmec Limited, Deliverain Research & Solutions, Future Grid, SM Systems, RRECL, Pelocal, and Chandigarh Power Distribution Limited.

Over two days, DUM 2026 will hold seven thematic sessions on the most pressing challenges and opportunities for DISCOMs:

DISCOMs Financial Transformation and Capital Market ReadinessScaling Digital Intelligence and Advanced Smart Meter Data AnalyticsRole of RE in Managing New and Emerging Loads and Ensuring Supply Reliability and Power QualityFlexibility Solutions for Distribution Networks and CEA Standards for Solar PV and BESSClimate Resilience and Securing the Physical Assets of DISCOMsIndia Energy Stack (IES), Data Exchange Framework, Cyber Security and Data Privacy for the Digital GridsBESS Applications in Power Distribution – Select Case Studies

Discussions will cover capital market instruments such as green and sustainability-linked bonds for DISCOMs, moving smart meter analytics from pilots to population scale, grid readiness for AI data centres and EV charging, grid-forming inverters for BESS, demand flexibility and time-of-day tariffs, climate-resilient network design, and DISCOM readiness for the India Energy Stack and the CEA (Cyber Security in Power Sector) Regulations, 2026.

DUM is a closed-door forum for power distribution utilities, with participation by invitation for DISCOMs, government and regulatory representatives. The meet provides a unique platform for knowledge exchange and collaboration among the DISCOM community, technology providers and policymakers. DUM 2026 reaffirms India’s commitment to grid modernization, digitalization and the transition toward a Net Zero power sector, and to the principle that utilities grow stronger by learning from each other’s experiences.

For more information, visit www.dumindia.in

About India Smart Grid Forum (ISGF): India Smart Grid Forum (ISGF) is a Think-Tank of global repute on Smart Energy, Electric Mobility and Smart Cities. ISGF, established as a Public Private Partnership initiative of Government of India in 2011, is spearheading the mission to accelerate electric grid modernization and energy transition in India. ISGF is registered as a Not-for-Profit Society under Indian Societies Act. The main objectives of ISGF are to conduct research and studies on evolving technologies related to clean energy, energy efficiency, electric mobility, energy transition and electric grid modernization relevant in the Indian context through case studies, pilot demonstrations, cost- benefit analysis and other ancillary activities. ISGF also brings together experts from policy, regulation, academia, and industry to formulate and support enabling policies, standards, and regulations. ISGF’s multidisciplinary team works closely with policymakers, regulators, utilities, academia, and industry leaders to shape enabling frameworks and standards. Website: www.indiasmartgrid.org 

About Distribution Utility Meet (DUM): DUM is ISGF’s annual conference and exhibition for India’s power distribution utilities. It brings together senior DISCOM leaders, the Ministry of Power, MNRE, CERC and SERCs, state energy departments, international utility experts, research institutions and industry to share experience, evaluate new technologies and business models, address the challenges of managing millions of distributed energy resources, and propose regulatory and policy interventions for DISCOM sustainability. Website: www.dumindia.in

 

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/distribution-utility-meet-dum-2026-to-bring-together-indias-40-power-distribution-utilities-in-jaipur-on-2728-october-2026-302915244.html

Continue Reading

Technology

TIER IV and Technical University of Munich Bring NVIDIA Hyperion to Level 4 Autonomous Driving in Germany

Published

on

By

Announced at NVIDIA GTC Berlin, the initiative builds on the TUM Autoware Research Center by TIER IV and integrates NVIDIA Hyperion and Halos safety system to accelerate next-generation autonomous mobility

TOKYO, Oct. 21, 2026 /PRNewswire/ — TIER IV, the pioneering force behind Autoware, the world’s leading open-source software for autonomous driving, and the Technical University of Munich (TUM) today announced an expanded collaboration centered on NVIDIA Hyperion and NVIDIA Halos safety system to scale safe, high-performance autonomous driving systems across Germany.

NVIDIA Hyperion is a reference sensor and compute platform for Level 4 autonomous vehicles and robotaxis. It combines NVIDIA DRIVE AGX Thor accelerated computing with the NVIDIA Halos safety system to accelerate safe, production-ready autonomy.

Building upon the recent establishment of the TUM Autoware Research Center by TIER IV, the initiative will integrate NVIDIA Hyperion, including high-performance dual-DRIVE AGX Thor configurations into Autoware-based autonomous vehicle projects across Germany.

By bringing together NVIDIA’s automotive-grade compute and safety technologies, Autoware’s open-source software and TUM’s automotive research expertise, the initiative will provide researchers and developers with a powerful environment for building, testing and validating next-generation autonomous driving systems.

The work will focus on translating advanced research into safe, scalable real-world deployments, including autonomous public transportation and robotaxi applications.

“To transition autonomous mobility from academic research to trusted, real-world deployment, leveraging cutting-edge hardware such as NVIDIA Hyperion alongside leading open-source platforms like Autoware is essential. This partnership allows us to rigorously test autonomous vehicle systems on German roads, ensuring public transit solutions are built on transparent, verifiably safe, and collaborative technology rather than restrictive proprietary systems,” said Prof. Markus Lienkamp, Technical University of Munich.

“Building on years of joint work on Autoware between TUM and TIER IV, integrating advanced platforms like NVIDIA Hyperion lets us push real-time vehicle control and software architecture to a whole new level,” added Prof. Johannes Betz.

Shinpei Kato, founder and CEO of TIER IV, commented, “Scaling safe autonomous driving globally requires moving beyond closed, black box systems toward open, interoperable architectures. TUM is an exceptional partner for advancing cutting-edge research, and NVIDIA Hyperion, together with NVIDIA’s leadership in high-performance compute and commitment to open-source software ecosystems, provides the solid foundation needed to accelerate scalable, publicly trusted autonomous transit in Germany and beyond.”

“NVIDIA Hyperion provides the reference sensor and compute architecture needed to develop Level 4 autonomous vehicles and robotaxis at scale,” said Rishi Dhall, vice president of automotive at NVIDIA. “Together with TIER IV and TUM, we are combining NVIDIA DRIVE AGX Thor and the NVIDIA Halos safety system with an open-source autonomous driving platform to accelerate safe, production-ready autonomy.”

*Autoware is a registered trademark of the Autoware Foundation.

Media Contact: pr@tier4.jp

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/tier-iv-and-technical-university-of-munich-bring-nvidia-hyperion-to-level-4-autonomous-driving-in-germany-302916252.html

SOURCE TIER IV, Inc.

Continue Reading

Trending