It appears Montreal will welcome yet another Canadian venture cap firm to its roster. Toronto VC fund Highline Beta has opened an office in Montreal.

Highline Beta is the project of Marcus Daniels, Ben Yoskovitz and Lauren Robinson. The office will reside at WeWork Place Ville Marie, to be exact.

Sebastian Boisjoly, a lawyer by trade, will come on board Highline Beta as the Montreal executive director. Boisjoly has played an active role in establishing several large investment funds. He previously served at Investissement Quebec and the FTEQ (Fonds de transfert des entreprises du Québec) loan fund.

Growing the footprint

Highline Beta will now focus on “growing its footprint in Quebec”. It will build on work with RBC, AB InBev, Morneau Shepell, Aviva and other global clients.

“I’m excited to bring Highline Beta to Montreal and work with Quebec corporations and the ecosystem partners to operationalize their innovation mandates and expand our model here,” said Boisjoly. “Approaching corporate innovation mandates with a portfolio strategy is our strength. We have 20+ people with extremely diverse and entrepreneurial skill sets, working with corporate clients and startups in delivery and innovation teams.”

“We will be working with corporations to help them innovate and reach their goals through startup investments, while building out the innovation ecosystem here in Quebec, and accelerating our investments and co-creation work,” he added.

Boisjoly will build out operations, business and deal flow for Highline Beta’s corporate clients. He’ll also participate in key investments and manage client and LP relationships. There he’ll help Highline Beta focus on new business opportunities in Quebec and in other Francophone markets.

Finding a Montrealer with Quebec roots was undoubtedly an objective for the Toronto-based Daniels.

“We are very excited about having a deeply committed Montrealer with unique VC industry expertise help to solidify our leadership in the Pan-Canadian innovation ecosystem,” said Daniels.

“Establishing a Highline Beta Montreal office will allow us to bring our corporate-startup collaboration programs to Quebec and invest into innovation that will be headquartered in the province. We will now be covering Montreal, Toronto, and Vancouver, in addition to New York.