OPTEL Obtains Support from Fondaction and BDC Capital to Realize its Growth Projects

The BCorp-certified Quebec City-based company, which has been operating in the traceability solutions sector for over 30 years through its Optchain technology, is already helping many organizations improve the efficiency of their supply chains by minimizing their carbon footprint. With the support of Fondaction and BDC Capital, OPTEL is now looking to develop new turnkey technologies to improve the operational and environmental efficiency of businesses.

OPTEL's platform offers the possibility of leveraging real-time data to reduce indirect emissions (Scope 3) produced by the various phases of the supply chain caused by the extraction of materials and the transportation of products. According to OPTEL's CEO, "digital traceability is essential to move towards a socio-ecologically responsible world and to succeed in the next industrial revolution [...] It was important for us to be accompanied by financial partners who share our values and our vision, it's a question of consistency. With this support, our technology offering will be able to be linked to new sectors, as is already the case for the pharmaceutical, mining and agri-food sectors."

BCF is proud to have accompanied Fondaction in the implementation of this financing with a team composed of Charles-Antoine Dorion, Frédéric Dorion, Laurence Lavertu and Valérie Allard.

To read the press release (in french only), click here.