GÉODAR Inc. Announces the Closing of a $1.5 Million Financing Round

Montreal, Quebec, Canada – September 26, 2025 – GÉODAR Inc. (“GÉODAR” or the “Company”) today announced the closing, during the summer of 2025, of a $1.5 million financing round to support the continued development and commercialization of its unique underground detection technology, designed to improve the safety and efficiency of excavation work.

This pre-seed round was initiated by its founder and carried out in partnership with AQC Capital and Anges Québec, alongside several strategic investors from the construction and technology sectors

This new investment will accelerate the market launch of our Explor™ sensor, which will significantly reduce accidents related to underground infrastructure. Our goal is clear: to provide contractors and excavator operators with a solution that is simple, quick to install, and reliable,” said Charles Gauthier, CEO at GÉODAR.

The Explor™ sensor, developed by GÉODAR, combines an excavator-mounted ground-penetrating radar, a high-precision GPS system, and an intelligent software interface. This patented technology enables operators to detect underground infrastructure (gas, water, electricity, telecommunications) in real time, thereby reducing the risk of accidents that each year result in hundreds of millions of dollars in repairs and service losses.

Already supported by multiple letters of intent from OEMs and major civil engineering contractors, GÉODAR plans to begin commercial pilot projects as early as April 2026, followed by large-scale deployment shortly thereafter.

“We see in GÉODAR an ambitious team and a technology with strong transformative potential for the infrastructure industry. Safety, efficiency, and cost reduction are at the heart of industry concerns; GÉODAR directly addresses this need,” said Stéphane Caron, Partner at AQC Capital.

About GÉODAR
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GÉODAR is a young company based in Montreal specializing in the design of an intelligent sensor for excavators. Its mission is to reduce the approximately 228 000 excavation accidents recorded each year, caused by damage to water mains, natural gas pipelines, and other public infrastructure during civil engineering work.The company is developing the Explor™ sensor, an integrated solution combining ground-penetrating radar (GPR), artificial intelligence, and a software interface to detect underground infrastructure in real time. With this innovation, GÉODAR aims to drastically reduce accidents and the costs associated with broken utilities, while making worksites safer, more efficient, and more sustainable.
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‍About AQC Capital

‍AQC Capital manages venture capital funds dedicated to innovative early-stage companies. In partnership with Anges Québec, the largest network of angel investors in the country, AQC Capital supports Quebec startups in their growth by providing both capital and strategic networks.
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About Anges Québec

Anges Québec is the largest network of angel investors in Canada. With more than 200 members, the network has invested over $148 million in more than 200 Quebec-based companies, in partnership with AQC Capital. Its mission is to drive local innovation and support high-potential entrepreneurs.