Ontario Centres of Excellence

Ontario Centres of Excellence, Inc. is a not-for-profit organization based in Toronto, Canada, dedicated to enhancing the Ontario economy through the commercialization of innovative research. Established in 1987, it focuses on accelerating industry research and development by investing in collaborative projects between academia and industry. The organization provides early-stage seed financing to startups, supports the commercialization of academic research through licensing and spin-off companies, and promotes skills development for a skilled workforce. Its investment arm specializes in seed, startup, and early-stage investments primarily in sectors such as energy and environment, advanced manufacturing, advanced health technologies, and information and communications technologies. Ontario Centres of Excellence aims to drive economic growth by fostering innovation and supporting the success of emerging companies in Ontario.

Past deals in Ottawa

Smats Traffic Solutions

Seed Round in 2017
Smats Traffic Solutions Inc., founded in 2015 and based in Ottawa, Canada, specializes in the development of advanced vehicle detection software aimed at optimizing traffic flow on roadways and at key transportation hubs such as ports and borders. The company offers a comprehensive traffic management solution that includes travel time measurement, origin-destination pattern analysis, and traffic signal optimization. Additionally, it provides queue management solutions tailored for various environments, including borders, port management, work zones, and rail yards. Smats Traffic Solutions employs hardware sensors alongside machine learning and artificial intelligence to deliver actionable traffic analytics, facilitating improved monitoring and management of congestion. The company also manufactures portable traffic tools, including tablets and specialized traffic boxes, ensuring efficient data collection and analysis for effective decision-making.

Datenight Babysitting

Pre Seed Round in 2015
Datenight Babysitting is a mobile- and web- app that connects parents with experienced, local babysitters. With hundreds of pre-interviewed babysitters in both Toronto and Ottawa, Datenight allows parents to register, see a list of great babysitters and schedule interviews with them quickly and easily. Datenight Babysitting's sky-high parent-approval rate makes makes it simple to connect with great babysitters that your family will love and makes booking and paying for babysitting a breeze.

Aetonix

Pre Seed Round in 2014
Aetonix Systems Inc. is a Canadian company based in Ottawa that specializes in mobile health solutions aimed at improving chronic care management and supporting patients with pre/post-operative needs. Its primary offering, aTouchAway, is a secure and user-friendly digital platform that facilitates communication among healthcare professionals, patients, and family caregivers. The platform enables remote management of care through features such as virtual visits, appointment scheduling, and reminders, as well as the monitoring of vital health indicators including oxygen saturation, heart rate, blood pressure, and more. Additionally, aTouchAway includes tools for messaging, custom assessment surveys, and alerts, ensuring that care teams and families remain connected and informed. Aetonix is dedicated to simplifying the complexities of home healthcare while adhering to privacy regulations.

GaN Systems

Grant in 2011
GaN Systems develops and manufactures gallium nitride power switching transistors for various applications. Its products include 650 V E-HEMT and 100 V E-HEMT transistors, serving consumer brand and enterprise equipment manufacturers globally.
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