National Research Council

The National Research Council (NRC) is the Government of Canada's primary organization dedicated to research, development, and technology-based innovation. It encompasses approximately 20 institutes and national programs that cover a diverse range of scientific and technological disciplines. NRC provides various services aimed at advancing Canada's innovation landscape, supporting both public and private sector initiatives. Through its comprehensive approach, NRC plays a crucial role in fostering collaboration and driving progress across multiple fields, thereby contributing to the nation's economic growth and technological advancement.

Duncan Stewart

Director General

68 past transactions

Hydron Energy

Grant in 2025
Hydron Energy is a company dedicated to providing cleaner fuel solutions for hard-to-decarbonize sectors within transportation and industry. It develops innovative gas separation technologies aimed at converting raw gases into refined fuels, addressing both environmental and economic challenges in the market. The company's focus is on producing renewable natural gas (RNG) from sources such as anaerobic digesters, wastewater treatment plants, and landfills. By offering an affordable and scalable approach to gas upgrading, Hydron Energy enables significant cost savings compared to traditional methods, contributing to the transition towards more sustainable energy practices.

Laserax

Grant in 2024
Laserax Inc. is a manufacturer of laser systems tailored for industrial applications, established in 2010 and based in Québec, Canada. The company specializes in laser marking, cutting, welding, and cleaning solutions, providing both standard and custom laser machines for various sectors including automotive, primary metals, and other manufacturing industries. Laserax's products enhance traceability and efficiency by allowing high-speed marking and processing of moving parts without compromising quality. Additionally, the company offers laser process development, safety services, and on-site support to ensure optimal performance and reliability of its systems.

Virica

Grant in 2024
Virica Biotech is a biotechnology company focused on enhancing the production and development of viral vector therapeutics to improve human health. The company has developed a Viral Sensitizer technology, which includes a library of over one hundred small molecules. These molecules are designed to safely bypass the body's natural immunological defenses that typically hinder the effectiveness of viral medicines. By utilizing a throughput screening process, Virica identifies these viral sensitizers to aid producers of viral medicine in optimizing their production processes in a cost-effective manner.

Xennial Innovations

Grant in 2024
Xennial Innovations Inc. specializes in transforming businesses through seamless solutions and artificial intelligence. The company leverages in-house accelerators, AI, and human talent to drive global innovation and delivery. Their services include AI-driven business transformation, next-generation technology solutions, and strategic consulting to elevate brands and optimize operations.

Xennial Innovations

Grant in 2024
Xennial Innovations Inc. specializes in transforming businesses through seamless solutions and artificial intelligence. The company leverages in-house accelerators, AI, and human talent to drive global innovation and delivery. Their services include AI-driven business transformation, next-generation technology solutions, and strategic consulting to elevate brands and optimize operations.

Maia Farms

Grant in 2024
Maia Farms specializes in the production of CanPro, a mushroom-based protein aimed at food manufacturers seeking high-quality ingredients. The company develops mycoprotein as a sustainable alternative to red meat, utilizing crop biomass to create an environmentally friendly product. CanPro is characterized by its high protein density, superior digestibility compared to plant-based alternatives, and rapid hydration properties, which facilitate the development of nutritious food products. By focusing on these attributes, Maia Farms supports the food industry in creating healthier and more sustainable options for consumers.

NURA Medical

Grant in 2024
NURA Medical focuses on developing medical devices and technology software aimed at enhancing patient care, particularly in pediatric settings. The company's innovative weight estimation device and medication dosing software streamline the administration process, allowing a single nurse to effectively manage medication delivery. This efficiency helps healthcare organizations optimize their workforce, enabling them to allocate resources to other critical areas, especially during times of staff shortages. NURA Medical's solutions are designed to improve clinical outcomes while addressing the pressing challenges faced by healthcare providers.

GH Power

Grant in 2023
GH Power is a company that designs and operates power plants, specializing in green hydrogen technology. It uses a process involving aluminum and water to generate thermal electricity, fuel cell grade hydrogen, and aluminum oxide, serving the transportation industry.

Orgmatch

Non Equity Assistance in 2023
Orgmatch is a technology company that specializes in governance management solutions for community investment teams. It helps organizations, such as Patagonia and Google.org, maximize the impact of their nonprofit investments by reducing operational inefficiencies and enhancing transparency. The company's platform combines data analysis, stakeholder management tools, and collaborative features to support informed decision-making, increase stakeholder engagement, and streamline compliance processes.

EXO Insights

Grant in 2023
EXO Insights specializes in biometric-driven solutions aimed at enhancing training and human performance. Established in 2016, the company integrates advanced biometrics with artificial intelligence and machine learning to provide actionable insights for various sectors, including energy, technology, and emergency response. Their flagship product, the BioTwin platform, utilizes personal protective equipment integrated with biometrics to improve performance in high-risk environments. EXO Insights has successfully deployed this technology across numerous clients, including Ontario Power Generation and the RCMP, and has received recognition through awards from the National Research Council and the University of Waterloo for its innovative contributions to the field. The company's focus on understanding workforce behaviors through data analytics allows clients to effectively train their employees in immersive virtual and augmented reality settings, ultimately linking human performance to enhanced business outcomes.

Quantum Bridge

Grant in 2023
Quantum Bridge is dedicated to enhancing security for organizations that require the protection of highly confidential and classified information. The company develops proprietary software and quantum repeater hardware aimed at improving quantum communications. Its focus is on the commercialization of quantum and quantum-inspired products, which include secure communication tools and a distributed symmetric key exchange system. These innovations are designed to ensure that communication remains quantum-safe, thereby reinforcing network and endpoint security. By providing solutions that enhance resilience in existing networks, Quantum Bridge aims to meet the growing demand for unbreakable security in today's digital landscape.

SkyAcres Agrotechnologies

Grant in 2023
SkyAcres Agrotechnologies is a business that enables individuals and small-scale farmers to convert underutilized spaces into profitable vertical farms. It provides a patent-pending, energy-efficient aeroponic system that grows a variety of fruits and vegetables, along with software for managing the growing process and an AI-driven marketplace connecting growers with commercial buyers. SkyAcres' model democratizes farming, promoting food security, health, and sustainability, while generating profit for growers with minimal investment or experience required.

EXO Insights

Grant in 2022
EXO Insights specializes in biometric-driven solutions aimed at enhancing training and human performance. Established in 2016, the company integrates advanced biometrics with artificial intelligence and machine learning to provide actionable insights for various sectors, including energy, technology, and emergency response. Their flagship product, the BioTwin platform, utilizes personal protective equipment integrated with biometrics to improve performance in high-risk environments. EXO Insights has successfully deployed this technology across numerous clients, including Ontario Power Generation and the RCMP, and has received recognition through awards from the National Research Council and the University of Waterloo for its innovative contributions to the field. The company's focus on understanding workforce behaviors through data analytics allows clients to effectively train their employees in immersive virtual and augmented reality settings, ultimately linking human performance to enhanced business outcomes.

KorrAI

Grant in 2022
KorrAI is focused on addressing climate change by enhancing the resilience of critical infrastructure through innovative technology. The company has developed a satellite-based ground motion monitoring platform that detects changes in the Earth's surface, such as subsidence. By utilizing satellite data, the Internet of Things (IoT), and artificial intelligence, KorrAI provides accurate risk assessments and millimeter-scale movement tracking. This information enables clients to make informed decisions regarding the engineering and maintenance of vital structures, including bridges, dams, and highways. Through its integration of advanced technologies and data analytics, KorrAI aims to support the creation of more resilient infrastructure in the face of environmental challenges.

Litus

Pre Seed Round in 2022
Litus specializes in developing nanotechnology and chemical processing solutions aimed at enhancing the efficiency and sustainability of lithium production. The company focuses on a patented method for selectively extracting lithium from aqueous sources, ensuring high purity while minimizing contamination of the source water. By eliminating wasteful processes and reducing associated costs, Litus enables its customers and partners to create energy systems that are abundant, accessible, and efficient. Through its innovative approach, Litus addresses critical energy challenges while promoting environmentally responsible practices in lithium extraction.

FemTherapeutics

Grant in 2022
FemTherapeutics Inc. is a Montreal-based medical device company focused on personalizing therapeutics in women's health. The company has developed an artificial intelligence platform that utilizes patient data to create innovative medical devices, specifically customizable gynecological prosthetics designed to enhance the management of Pelvic Floor Disorders. Their initial product line features patient-specific vaginal pessaries, which aim to provide effective symptomatic relief for conditions such as pelvic organ prolapse and stress urinary incontinence. By employing advanced technologies like three-dimensional printing, FemTherapeutics seeks to improve clinical outcomes and restore quality of life for women facing these health challenges.

EXO Insights

Grant in 2022
EXO Insights specializes in biometric-driven solutions aimed at enhancing training and human performance. Established in 2016, the company integrates advanced biometrics with artificial intelligence and machine learning to provide actionable insights for various sectors, including energy, technology, and emergency response. Their flagship product, the BioTwin platform, utilizes personal protective equipment integrated with biometrics to improve performance in high-risk environments. EXO Insights has successfully deployed this technology across numerous clients, including Ontario Power Generation and the RCMP, and has received recognition through awards from the National Research Council and the University of Waterloo for its innovative contributions to the field. The company's focus on understanding workforce behaviors through data analytics allows clients to effectively train their employees in immersive virtual and augmented reality settings, ultimately linking human performance to enhanced business outcomes.

Pantheon Design

Grant in 2022
Pantheon Design specializes in creating advanced 3D printing systems aimed at revolutionizing medium-scale manufacturing. The company focuses on developing flexible manufacturing solutions that cater to hardware innovators and integrators. Its printers are designed to deliver end-use quality parts significantly faster and at a lower cost compared to traditional methods. Pantheon Design's technology boasts industry-leading tolerances, superior surface finishes, and mechanical properties, ensuring that clients can produce high-quality products with ease and efficiency. By streamlining the manufacturing process, Pantheon Design addresses the common challenges faced by businesses in the production of parts, ultimately enhancing productivity and reducing costs.

EXO Insights

Grant in 2021
EXO Insights specializes in biometric-driven solutions aimed at enhancing training and human performance. Established in 2016, the company integrates advanced biometrics with artificial intelligence and machine learning to provide actionable insights for various sectors, including energy, technology, and emergency response. Their flagship product, the BioTwin platform, utilizes personal protective equipment integrated with biometrics to improve performance in high-risk environments. EXO Insights has successfully deployed this technology across numerous clients, including Ontario Power Generation and the RCMP, and has received recognition through awards from the National Research Council and the University of Waterloo for its innovative contributions to the field. The company's focus on understanding workforce behaviors through data analytics allows clients to effectively train their employees in immersive virtual and augmented reality settings, ultimately linking human performance to enhanced business outcomes.

Ekona

Series A in 2021
Ekona Power Inc. is a Vancouver-based company focused on producing industrial-scale hydrogen through innovative renewable energy generation technology. The company utilizes methane from feedstock to create clean hydrogen and electrical power by converting natural gas into hydrogen, clean energy, and carbon dioxide. This solution caters to industrial hydrogen consumers as well as natural gas transmission and distribution companies, offering a low-cost approach to accessing clean energy for various industrial processes.

Mealful

Non Equity Assistance in 2021
Mealful is a meal plan platform that aims to simplify access to nutritious meals by eliminating the need for grocery shopping and cooking. It offers curated meal plans sourced from local restaurants, independent chefs, and catering companies, ensuring a diverse range of food options. Meals are delivered hot and fresh twice daily, making it convenient for customers to enjoy quality dining experiences at an affordable price. Mealful is dedicated to becoming a comprehensive solution for food, catering to the needs of individuals seeking healthy and convenient meal choices.

Dear Life

Pre Seed Round in 2021
Dear Life is for someone grieving a loss who wants to keep their loved one’s memory alive with a beautiful tribute, but lacks technical and creative know-how. We easily preserve their legacy with photos, videos, and written stories of life-defining moments. Unlike competitors, Dear Life generates a cinematic experience of your loved one’s life story, created in a guided step-by-step process, and in collaboration with friends and family.

Mech Solutions

Grant in 2021
Mech Solutions Ltd., established in 2017, is a comprehensive 3D printing company that offers a range of services including retail, 3D printing services, software development, and mechanical solutions. The company's flagship project, Cloud 3D Print, launched in 2019, is a cloud-based platform designed to streamline the 3D printing process. This platform integrates project management tools, online slicing, and remote control capabilities, while leveraging artificial intelligence to enhance printing success rates. By minimizing print failures and reducing production times, the software aids users in managing their projects effectively. Additionally, Mech Solutions provides custom model and prototype development services and offers a variety of third-party 3D printers, filaments, and accessories, helping clients turn their ideas into reality through innovative 3D printing solutions.

OraQ

Pre Seed Round in 2021
OraQ AI is a clinical decision support system established in 2021 and headquartered in Alberta, Canada. The company focuses on empowering patients by enhancing treatment strategies and providing advanced assessments and detailed risk profiling. Utilizing the capabilities of artificial intelligence and machine learning, OraQ AI's platform aims to transform the way dental professionals engage with, diagnose, and treat patients holistically. This innovative approach enables healthcare providers to verify, validate, and improve their treatment recommendations, ultimately promoting better wellness practices among patients.

BAIOTEQ

Seed Round in 2021
World's #1 biosecurity platform for post-pandemic health & safety, based on Health Canada, CDC & WHO guidelines. BAIOTEQ is a government-funded social enterprise dedicated to creating a world without outbreaks by maximizing health & safety. BAIOTEQ certified spaces protect occupant health, promote anti-aging and boost revenue.

Byos

Grant in 2021
Byos specializes in microsegmentation solutions that enhance network security by providing asset invisibility, isolation, and secure access to resources. Its platform is designed to facilitate communication without direct network connections, thereby preventing data leakage and device exposure. Byos supports a Zero Trust networking model, ensuring compatibility with a variety of devices and existing network environments. This approach significantly reduces security risks while improving operational efficiencies and data management. The company serves a diverse clientele across critical sectors such as defense, government, healthcare, manufacturing, energy, and financial services, securing assets ranging from industrial machinery to personal laptops.

qualiTEAS

Grant in 2021
qualiTEAS is a Canada-based company specializing in corrosion inspection and management services. It offers material testing, analysis, and consultation aimed at enhancing asset management practices. The company employs advanced techniques, including a machine learning-based computer vision technology known as Argus 1.21, which analyzes asset images to identify corrosion impacts. This digital inspection tool complements traditional on-site inspections and supports predictive maintenance through its integration into digital twin applications. In addition to corrosion assessment, qualiTEAS conducts environmental analysis, including chemical and microbial testing of soil and water, to provide clients with comprehensive insights into the origins and effects of corrosion. This combination of services enables effective consultation on preventive measures and corrosion control management.

Ethnocare

Non Equity Assistance in 2021
Ethnocare specializes in designing and manufacturing orthopaedic devices aimed at enhancing the mobility and comfort of amputees. Their flagship product, the Overlay, incorporates an integrated pump system that allows for easy and effective adjustments to the fit of the prosthesis, eliminating the need for traditional prosthetic socks. This innovative device features a flexible sports fabric sleeve and a series of pneumatic cells that respond to changes in the volume of the residual limb, ensuring a consistent and comfortable fit. By adapting to various limb morphologies, Ethnocare's products significantly improve the user experience for those requiring prosthetic devices.

EXO Insights

Grant in 2021
EXO Insights specializes in biometric-driven solutions aimed at enhancing training and human performance. Established in 2016, the company integrates advanced biometrics with artificial intelligence and machine learning to provide actionable insights for various sectors, including energy, technology, and emergency response. Their flagship product, the BioTwin platform, utilizes personal protective equipment integrated with biometrics to improve performance in high-risk environments. EXO Insights has successfully deployed this technology across numerous clients, including Ontario Power Generation and the RCMP, and has received recognition through awards from the National Research Council and the University of Waterloo for its innovative contributions to the field. The company's focus on understanding workforce behaviors through data analytics allows clients to effectively train their employees in immersive virtual and augmented reality settings, ultimately linking human performance to enhanced business outcomes.

AS WORKS

Grant in 2020
AS Works is developing a ducted fan Unmanned Aerial Vehicle with Artificial Intelligence and docking stations, resulting in an Unmanned Aerial System capable of operating without human involvement. Our system is capable of fully autonomous deployment, the accomplishment of a mission, recovery, and charging. The ducted fan makes our device much safer to handle than conventional drones, and the small size of our device and docking station makes it easily transportable for mobile applications.

Nucliq Biologics

Grant in 2020
Nucliq Biologics will provide a simplified gut health report with detailed information about personalized food and customized probiotic recommendations for customers and doctors.

Spellbook

Grant in 2020
Spellbook is a legal software startup that specializes in developing a generative artificial intelligence tool for contract drafting aimed at legal professionals. Its technology harnesses advanced language models to enhance contracting performance, utilizing extensive legal datasets. The platform automates document creation and streamlines routine legal tasks, allowing law firms to draft and review contracts more efficiently. Additionally, Spellbook supports online collaboration, enabling law firms to maintain clients' minute books in a shared workspace, thereby improving client intake processes and overall service delivery.

HYKE

Pre Seed Round in 2020
Hyke is a pioneer of transparency and a leader in consumer-centric data analytics. HYKE's mission is to revolutionize customer engagement by using psychology and technology as the main ingredients and a pinch of gamification as a spice.

Ionomr Innovations

Grant in 2020
Ionomr Innovations Inc. is a Vancouver-based company specializing in the design, adaptation, and manufacture of advanced ion-exchange membranes and polymer technologies. Founded in 2013, Ionomr focuses on creating environmentally friendly materials that replace toxic fluorinated chemicals often used in electrochemical applications. Its flagship product line, Aemion, is designed for various applications, including water treatment, energy storage, and clean energy generation. The company’s innovative membranes are known for their alkaline stability, strength, and performance, enabling optimal integration into electrochemical systems. By providing solutions that enhance efficiency and reduce environmental impact, Ionomr aims to support the decarbonization of the planet and foster the development of sustainable systems in the renewable energy and circular chemical economies. Additionally, Ionomr offers chemical engineering services to further support its clients in achieving their operational goals.

Ceapro

Grant in 2020
Ceapro Inc. is a biotechnology company headquartered in Edmonton, Canada, focused on developing and commercializing active ingredients derived from oats and other renewable plant resources. Operating internationally in markets such as the United States, Germany, China, and Canada, Ceapro serves the cosmeceutical, nutraceutical, and therapeutics sectors for both humans and animals. The company offers a range of natural active ingredients, including beta glucan, avenanthramides, oat powder, oat oil, oat peptides, and lupin peptides, which are marketed to the personal care, cosmetic, medical, and animal health industries. In addition to its established products, Ceapro is engaged in research and development of innovative technologies, such as Pressurized Gas eXpanded drying technology, and is collaborating with McMaster University on an inhalable therapeutic for COVID-19. Founded in 1997, Ceapro continues to explore advancements in its product offerings and extraction technologies to enhance health and wellness solutions.

Mech Solutions

Grant in 2020
Mech Solutions Ltd., established in 2017, is a comprehensive 3D printing company that offers a range of services including retail, 3D printing services, software development, and mechanical solutions. The company's flagship project, Cloud 3D Print, launched in 2019, is a cloud-based platform designed to streamline the 3D printing process. This platform integrates project management tools, online slicing, and remote control capabilities, while leveraging artificial intelligence to enhance printing success rates. By minimizing print failures and reducing production times, the software aids users in managing their projects effectively. Additionally, Mech Solutions provides custom model and prototype development services and offers a variety of third-party 3D printers, filaments, and accessories, helping clients turn their ideas into reality through innovative 3D printing solutions.

QuantWave Technologies

Grant in 2020
QuantWave Technologies focuses on creating advanced sensing solutions for industrial Internet of Things (IoT) applications. The company has developed a unique sensing system that combines microfluidics, high-frequency microwave technology, and machine learning. This innovative platform is designed to enable real-time monitoring and predictive data analysis, particularly for the food and beverage sectors and drinking water industries. By facilitating pathogen detection and enhancing operational quality, QuantWave aims to help manufacturers reduce contamination risks, improve the quality of their products, and achieve significant cost savings. The company's intelligent sensing system is geared towards optimizing decision-making processes and improving the overall efficiency of industrial manufacturing.

Deep Biologics

Grant in 2020
Deep Biologics is a biotechnology company that employs artificial intelligence to enhance the development of specific and effective biologics for therapeutic and diagnostic uses. It combines state-of-the-art in silico technologies with traditional screening methods to deliver faster, higher-quality results for biologics discovery pipelines.

TAKU Retail

Pre Seed Round in 2020
TAKU Retail is a pioneering location-based retail sales platform that enhances the shopping experience for local consumers by enabling multi-store merchants to engage more effectively with their neighborhoods. The company offers a sophisticated software technology platform designed for retail management, allowing retailers to seamlessly integrate and manage both in-store and online operations. By facilitating the swift import of customer and inventory data from existing point-of-sale systems, TAKU enables clients to monitor their entire business in real-time. This integrated approach provides retailers with comprehensive insights into sales, inventory, and customer interactions, ultimately helping them attract local shoppers and improve sales performance.

Pantheon Design

Grant in 2020
Pantheon Design specializes in creating advanced 3D printing systems aimed at revolutionizing medium-scale manufacturing. The company focuses on developing flexible manufacturing solutions that cater to hardware innovators and integrators. Its printers are designed to deliver end-use quality parts significantly faster and at a lower cost compared to traditional methods. Pantheon Design's technology boasts industry-leading tolerances, superior surface finishes, and mechanical properties, ensuring that clients can produce high-quality products with ease and efficiency. By streamlining the manufacturing process, Pantheon Design addresses the common challenges faced by businesses in the production of parts, ultimately enhancing productivity and reducing costs.

AgeRate

Seed Round in 2020
AgeRate is a biotechnology company that has developed a platform designed to track aging in real time by utilizing predictive algorithms and multi-omic datasets. The platform leverages DNA-methylation patterns to compare an individual's biological age with their chronological age through epigenetic testing. By providing valuable health insights, AgeRate enables consumers to monitor their aging process and make informed lifestyle changes aimed at slowing or potentially reversing their aging rate. The company's first product focuses on helping individuals understand their age rate and offers guidance on adopting healthier habits, such as improved diet and exercise.

Bloxo

Non Equity Assistance in 2020
Bloxo is a social marketplace that offers on-demand recreational sports opportunities tailored to individuals' interests and skill levels. The platform connects users with local recreational games, allowing them to participate at their convenience without the constraints of long-term commitments or strict schedules. By facilitating easy access to various sports activities, Bloxo enhances the recreational experience for users looking to engage in physical activities while fostering community interaction.

Rivelin Robotics

Grant in 2019
Rivelin Robotics specializes in the development of advanced robotic solutions for metal additive manufacturing post-processing. The company's AI technology, known as NetShape®, enables robots to autonomously perform tasks such as cutting, grinding, and polishing metal, thereby enhancing efficiency in manufacturing. By integrating state-of-the-art sensors and processes, Rivelin's robots offer improved dexterity and versatility, making industrial operations safer and more efficient. This innovation aims to eliminate repetitive and labor-intensive tasks, ultimately reducing costs and protecting the health of workers in the manufacturing sector.

NURO

Grant in 2019
Nuro Corp, founded in 2017 and based in Waterloo, Canada, specializes in developing neurologically-powered communication software designed to assist doctors and patients. The company offers a range of products under its Neural Operating System (NUOS), which enables instant communication and computing through brain signals, eliminating the need for invasive procedures. Key offerings include NUOS ALS for ALS patients, NUOS TRAUMA for individuals with tetraplegia, and NUOS STROKE for stroke victims. Additionally, NUOS AI provides immediate access to insights derived from neurological and behavioral data, facilitating enhanced communication for incapacitated patients in various healthcare settings, including post-surgery, intensive care units, nursing homes, and rehabilitation facilities.

Miru Smart Technologies

Grant in 2019
Miru Smart Technologies, formerly known as Click Materials, is a Vancouver-based company specializing in advanced materials, particularly in the development of electrochromic windows for residential, commercial, and automotive applications. Founded as a university spin-off, Miru leverages over a decade of academic and industrial research to innovate traditional thin film production. This advanced fabrication process is designed to provide superior performance at lower manufacturing costs compared to existing technologies. By focusing on strategic partnerships, Miru aims to integrate its window technology into the growing trends of connected smart buildings and voice-activated smart homes, contributing to reduced greenhouse gas emissions and enhanced energy efficiency.

HRG Infrastructure Monitoring

Grant in 2019
Current inspection procedure for condition assessment of civil structures is time-consuming, capital intensive, dangerous, and highly dependent on subjective human judgment. HRG has developed AutoSpect (a patent-pending damage assessment software) paired with Dronic (a patent-pending drone-based data collection technology) to inspect structures faster, accurately, reliably and at a significantly reduced cost.

Byos

Grant in 2019
Byos specializes in microsegmentation solutions that enhance network security by providing asset invisibility, isolation, and secure access to resources. Its platform is designed to facilitate communication without direct network connections, thereby preventing data leakage and device exposure. Byos supports a Zero Trust networking model, ensuring compatibility with a variety of devices and existing network environments. This approach significantly reduces security risks while improving operational efficiencies and data management. The company serves a diverse clientele across critical sectors such as defense, government, healthcare, manufacturing, energy, and financial services, securing assets ranging from industrial machinery to personal laptops.

QuantWave Technologies

Grant in 2019
QuantWave Technologies focuses on creating advanced sensing solutions for industrial Internet of Things (IoT) applications. The company has developed a unique sensing system that combines microfluidics, high-frequency microwave technology, and machine learning. This innovative platform is designed to enable real-time monitoring and predictive data analysis, particularly for the food and beverage sectors and drinking water industries. By facilitating pathogen detection and enhancing operational quality, QuantWave aims to help manufacturers reduce contamination risks, improve the quality of their products, and achieve significant cost savings. The company's intelligent sensing system is geared towards optimizing decision-making processes and improving the overall efficiency of industrial manufacturing.

Hikai

Pre Seed Round in 2019
We improve well-being, productivity and engagement via personalized CBT training for employees and managers.

TAKU Retail

Pre Seed Round in 2019
TAKU Retail is a pioneering location-based retail sales platform that enhances the shopping experience for local consumers by enabling multi-store merchants to engage more effectively with their neighborhoods. The company offers a sophisticated software technology platform designed for retail management, allowing retailers to seamlessly integrate and manage both in-store and online operations. By facilitating the swift import of customer and inventory data from existing point-of-sale systems, TAKU enables clients to monitor their entire business in real-time. This integrated approach provides retailers with comprehensive insights into sales, inventory, and customer interactions, ultimately helping them attract local shoppers and improve sales performance.

EXO Insights

Grant in 2019
EXO Insights specializes in biometric-driven solutions aimed at enhancing training and human performance. Established in 2016, the company integrates advanced biometrics with artificial intelligence and machine learning to provide actionable insights for various sectors, including energy, technology, and emergency response. Their flagship product, the BioTwin platform, utilizes personal protective equipment integrated with biometrics to improve performance in high-risk environments. EXO Insights has successfully deployed this technology across numerous clients, including Ontario Power Generation and the RCMP, and has received recognition through awards from the National Research Council and the University of Waterloo for its innovative contributions to the field. The company's focus on understanding workforce behaviors through data analytics allows clients to effectively train their employees in immersive virtual and augmented reality settings, ultimately linking human performance to enhanced business outcomes.

NURO

Grant in 2018
Nuro Corp, founded in 2017 and based in Waterloo, Canada, specializes in developing neurologically-powered communication software designed to assist doctors and patients. The company offers a range of products under its Neural Operating System (NUOS), which enables instant communication and computing through brain signals, eliminating the need for invasive procedures. Key offerings include NUOS ALS for ALS patients, NUOS TRAUMA for individuals with tetraplegia, and NUOS STROKE for stroke victims. Additionally, NUOS AI provides immediate access to insights derived from neurological and behavioral data, facilitating enhanced communication for incapacitated patients in various healthcare settings, including post-surgery, intensive care units, nursing homes, and rehabilitation facilities.

Nano One

Grant in 2018
Nano One is a Vancouver-based technology company with a scalable industrial process for producing low cost high performance energy storage materials for batteries and a wide range of advanced nanostructured composite materials. This novel three-stage process uses equipment common to industry and is being engineered for high volume production and rapid commercialization. Nano One has 6 US and 6 International patents pending. Our management and technology teams consist of individuals seasoned in financing, capital growth, technology management, chemistry, materials science, batteries, process engineering and intellectual property.

Testfire Labs

Seed Round in 2018
Testfire Labs is a software and consulting services company focused on creating innovative products that utilize the latest advancements in artificial intelligence. The company’s primary offering, Hendrix.ai, is an enterprise productivity tool that employs natural language processing and machine learning to automatically capture and summarize meeting notes. This technology enhances organizational efficiency by transcribing, summarizing, and organizing meeting details and action items. By streamlining these processes, Testfire Labs enables clients to modernize their workflows and improve overall productivity, ultimately helping them achieve their goals more effectively.

TAKU Retail

Pre Seed Round in 2018
TAKU Retail is a pioneering location-based retail sales platform that enhances the shopping experience for local consumers by enabling multi-store merchants to engage more effectively with their neighborhoods. The company offers a sophisticated software technology platform designed for retail management, allowing retailers to seamlessly integrate and manage both in-store and online operations. By facilitating the swift import of customer and inventory data from existing point-of-sale systems, TAKU enables clients to monitor their entire business in real-time. This integrated approach provides retailers with comprehensive insights into sales, inventory, and customer interactions, ultimately helping them attract local shoppers and improve sales performance.

QuantWave Technologies

Grant in 2018
QuantWave Technologies focuses on creating advanced sensing solutions for industrial Internet of Things (IoT) applications. The company has developed a unique sensing system that combines microfluidics, high-frequency microwave technology, and machine learning. This innovative platform is designed to enable real-time monitoring and predictive data analysis, particularly for the food and beverage sectors and drinking water industries. By facilitating pathogen detection and enhancing operational quality, QuantWave aims to help manufacturers reduce contamination risks, improve the quality of their products, and achieve significant cost savings. The company's intelligent sensing system is geared towards optimizing decision-making processes and improving the overall efficiency of industrial manufacturing.

SolarSteam

Pre Seed Round in 2018
SolarSteam is a hardtech startup focused on creating innovative renewable concentrated solar technology aimed at reducing the costs and emissions associated with heat generation. The company targets hard-to-abate industries, such as cement, steel, chemicals, food and alcohol production, and mining, which depend on high-temperature heat from carbon-intensive sources. By providing an alternative energy solution, SolarSteam enables these industries to transition to more sustainable practices while effectively addressing rising energy costs and minimizing their carbon footprint.

Synovus Solutions

Grant in 2017
Synovus Solutions specializes in automated test equipment designed to streamline the research and development processes for its clients. The company focuses on creating test automation and control systems, allowing for efficient testing of engineering products in a virtual environment. By offering services such as LabVIEW consulting and engineering testing, Synovus Solutions enables clients to accelerate innovation and simplify the analysis of test results. Their solutions help clients reduce engineering efforts and bring new products and ideas to market more rapidly.

QReserve

Grant in 2017
QReserve is a provider of scheduling software that assists organizations in managing, promoting, and sharing resources such as meeting rooms, offices, desks, equipment, and facilities. The platform offers a variety of products, including room and desk scheduling, laboratory management, and property management, which facilitate the acceleration of research and development projects for students, researchers, and businesses. QReserve enhances resource utilization through professional cataloguing services and analytics tools, delivering valuable insights on utilization rates, revenues, capacity, and performance. The platform supports thousands of users daily, helping them discover and access over ten thousand resources. Notable clients include SickKids, UBC Okanagan, and McMaster University.

Aeponyx

Grant in 2016
AEPONYX Inc. is a Montreal-based company that designs and manufactures fabless micro optical switch semiconductor chips. Founded in 2011, AEPONYX specializes in creating advanced photonic integrated circuits that leverage a combination of micro-electro-mechanical systems (MEMS) and silicon photonics. These chips are specifically targeted for applications in fiber optic access to the Cloud and optical switching, facilitating enhanced tunability in both transmission and reception within pluggable transceivers. By integrating MEMS with silicon photonics, AEPONYX aims to deliver compact, high-speed, and energy-efficient solutions that support disaggregated switching systems and optical circuit switching. The company's patented technologies position it to contribute significantly to the evolution of optical communications, improving data capacity while reducing power consumption.

Nano One

Grant in 2016
Nano One is a Vancouver-based technology company with a scalable industrial process for producing low cost high performance energy storage materials for batteries and a wide range of advanced nanostructured composite materials. This novel three-stage process uses equipment common to industry and is being engineered for high volume production and rapid commercialization. Nano One has 6 US and 6 International patents pending. Our management and technology teams consist of individuals seasoned in financing, capital growth, technology management, chemistry, materials science, batteries, process engineering and intellectual property.

Synovus Solutions

Grant in 2015
Synovus Solutions specializes in automated test equipment designed to streamline the research and development processes for its clients. The company focuses on creating test automation and control systems, allowing for efficient testing of engineering products in a virtual environment. By offering services such as LabVIEW consulting and engineering testing, Synovus Solutions enables clients to accelerate innovation and simplify the analysis of test results. Their solutions help clients reduce engineering efforts and bring new products and ideas to market more rapidly.

Crowdlinker

Grant in 2014
Crowdlinker is an end-to-end digital product studio based in Toronto with a relentless focus on our customers. We connect people through technology by being the strongest link between companies, their ideas, and their clients. We do so by excelling at digital strategy, creative design, full-stack development of websites & web/mobile apps, and digital marketing - we offer differentiated value through our end-to-end services. Our clients include large startups like Freshbooks, League, Top Hat and Mercatus, as well as enterprises like Nestlé, Unilever, and DHX Media. “We are Crowdlinkers. We believe in connecting people and communities through technology. We strive to be the strongest links between companies, their ideas, and their clients.”

Sirona Biochem

Grant in 2010
Sirona Biochem is a biotechnology company based in Vancouver, Canada, focused on developing and selling active ingredients for cosmetic and pharmaceutical applications. The company specializes in diabetes therapeutics, as well as anti-inflammatory and anti-infective treatments. Additionally, it creates cosmetic agents aimed at anti-aging and skin depigmentation. Sirona Biochem employs a proprietary chemistry technique to enhance the pharmaceutical properties of carbohydrate-based molecules. Its developmental pipeline includes a sodium glucose co-transporter inhibitor for diabetes treatment, alongside skin lightening compounds. The company's business model involves licensing these active ingredients to partners, generating revenue through upfront payments, milestones, and royalties. Since its inception in 2006, Sirona Biochem has expanded its presence into international markets, particularly in Canada and France.

Day4 Energy

Grant in 2009
Day4 Energy, headquartered globally, specializes in developing and delivering advanced photovoltaic (PV) technologies, products, and services for residential, commercial, and utility-scale solar applications. Their patented innovations focus on enhancing the performance of crystalline silicon solar cells through superior electrode technology, enabling them to extend the reach of solar energy worldwide.

DokDok

Grant in 2009
DokDok is a Montreal-based technology startup focused on transforming email communication and collaboration. The company offers a suite of products designed to optimize email data for enhanced productivity. One of its key offerings, Context.IO, serves as an email API that integrates email seamlessly into collaboration and productivity applications, eliminating the cumbersome manual processes often associated with email integration. This allows users to engage with their email data more effectively without altering their existing workflows. Additionally, DokDok provides an attachment management application that simplifies the process of managing email attachments, enabling users to easily find, compare, and work on different versions of documents. This application is accessible for free through the Google Apps Marketplace, further supporting users in streamlining their email-related tasks.

Lysac Technologies

Venture Round in 2004
Lysac Technologies Inc. is a Canadian company focused on creating advanced consumer-safe and environmentally friendly superabsorbents derived from natural and renewable resources. Its flagship products, known as Safe and Natural Absorbent Polymers (SNAPs), are designed to hold a significant amount of liquid relative to their mass while being hypoallergenic, biodegradable, and food grade. These innovative superabsorbents have versatile applications across various sectors, including personal hygiene products, food pads, disposable medical items, chemical spill management, and telecommunications. By prioritizing sustainability and safety, Lysac Technologies aims to provide solutions that help consumer goods producers minimize their environmental impact.

Icron Technologies

Grant in 2003
Icron Technologies Corporation specializes in the design and manufacture of high-performance video and USB extension solutions catering to commercial, industrial, and consumer markets. The company’s patented technologies, such as ExtremeUSB and ExtremeLink, enable the extension of USB 2.0 and video signals over various media, including CAT 5e/6/7 cables and fiber optics, allowing users to connect personal computers, servers, and embedded systems to peripheral devices from remote locations. Icron's products serve diverse applications in sectors such as aerospace, digital signage, education, government, industrial automation, medical diagnostics, and proAV, among others. The company primarily serves original equipment manufacturers, peripheral device manufacturers, and corporate clients, focusing on markets in Canada, the United States, and Europe. Founded in 1998 and based in Burnaby, Canada, Icron Technologies operates as a subsidiary of Maxim Integrated Products, Inc.
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