Bioenterprise Canada

Established in 2003, Bioenterprise Canada is a business accelerator focused on the commercialization of Agri-Technologies. It provides coaching and catalytic services to companies at all stages, offering advice on business plans, financial strategies, marketing, investment preparation, and capital funding sourcing.

Dave Smardon

President and CEO

6 past transactions

FireRein

Seed Round in 2019
FireRein Inc. is a Canadian company founded in 2012 that specializes in manufacturing advanced firefighting solutions. It offers a range of water additive products, including Eco-Gel, a plant-based alternative to traditional toxic firefighting foams, which aids in preventing, protecting, and extinguishing fires. The company also produces Eco-Rinse, designed for cleaning firefighting equipment, and FireRein TPP, which enhances the thickness and viscosity of Eco-Gel when mixed with water. FireRein's products are eco-friendly and safe for both users and the environment, making them suitable for various applications in residential, commercial, and industrial settings. Additionally, FireRein conducts training programs to ensure effective use of its products, emphasizing safety and environmental protection in firefighting practices.

DaganTech

Seed Round in 2019
DaganTech applies deep learning and machine learning to satellite images and historical farm data to predict crop yields and loss risks. We are currently launching enterprise applications for Crop Assurance and Reinsurance firms. Their vision is to track development on every farm on earth.

Spornado

Pre Seed Round in 2018
Spornado is an Agtech company offering an early warning system for crop diseases. It uses a wind-powered air sampler and DNA analysis to detect disease spores before they become visible in fields, enabling farmers to make informed decisions about fungicide spraying.

Ardra Bio

Seed Round in 2018
Ardra Inc. is a renewable chemicals company based in Toronto, Canada, specializing in the production of petroleum-free specialty chemicals for the personal care and cosmetics industry. Utilizing technology developed at the University of Toronto, Ardra employs model-guided metabolic engineering and synthetic biology to create biocatalysts that convert renewable resources into essential chemicals. The company's flagship product is 1,3-butanediol, a sustainable alternative to petroleum-based counterparts, which is utilized in various applications including cosmetics, food, polymers, and pharmaceuticals. With the cosmetics sector relying heavily on petroleum chemicals, valued at approximately $2.6 billion, Ardra aims to provide environmentally friendly solutions that stabilize and sustain the supply chain while reducing ecological impact.

teaBOT

Grant in 2017
teaBOT is a company that specializes in creating robotic kiosks for customized tea experiences. These kiosks enable customers to order personalized cups of loose-leaf tea quickly, with preparation taking less than a minute. Users can control the kiosks via a touch screen or their smartphones to mix and blend various flavors according to their preferences. This innovation addresses the common challenges faced by tea enthusiasts who desire to create their own blends but often find the process tedious and complicated at home. By offering a convenient and efficient solution, teaBOT simplifies tea blending and enhances the enjoyment of fresh, quality tea. Additionally, customers can select their favorite blends and order them for home use, further expanding their tea experience.

Betterfrost Technologies

Seed Round in 2017
Founded in 2014, Betterfrost Technologies specializes in developing ultra-low energy de-icing and defrosting solutions. Their innovative technology controls heat propagation to efficiently remove ice from surfaces in electric vehicles, refrigeration systems, and other applications.
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