Fortem said it raised $1.43 million from the Anges Québec group, the Anges Québec Capital fund, and other private investors. Of the total, the Anges Québec Capital fund contributed $500,000 and an additional $525,000 came from individual members of Anges Québec including Jean-Guy Gourdeau. Montreal-based Fortem said the current round of funding remains open until February to an additional $2.1 million.
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MODASUITE, the Canadian online menswear retailer, has secured unspecified seed funding from Real Ventures, Anges Quebec investors and Bolidea. The Montreal-based company will use the capital for its development initiative.