Bioenterprise Canada
Bioenterprise Canada is a business accelerator based in Guelph, Canada, established in 2003 to support the growth of companies in the agri-tech sector. It serves as a commercialization agent, assisting businesses at various stages, from startups to established enterprises. By leveraging a global network of industry contacts and professionals, Bioenterprise helps assess and mitigate the risks associated with early-stage ventures. The organization collaborates with researchers and entrepreneurs to facilitate the transition of innovative ideas into market-ready products and services. Its offerings include business plan development, financial and marketing strategy support, investment preparation, and access to various funding sources. Through its focus on commercializing agri-businesses, Bioenterprise plays a crucial role in fostering innovation and growth within the agricultural technology landscape.
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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 focused on providing an early alert system for crop diseases, specifically assessing risks associated with sclerotinia in canola and late blight in potatoes. The company's wind-powered air sampler collects disease spores from the air and water, enabling farmers to detect the presence of crop disease long before it becomes visible in the field. By offering highly sensitive DNA analysis, Spornado assists farmers in determining the optimal timing and type of fungicide application. This proactive approach eliminates uncertainty in fungicide usage, allowing for more efficient resource management, ultimately saving farmers time and money while protecting their crop yields.
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
Betterfrost Technologies Inc. is a Canadian company based in Toronto, founded in 2014, that specializes in developing innovative energy-saving refrigeration and ice-management systems. The company focuses on ultra-low energy de-icing technology applicable to electric vehicles, refrigeration, and aerospace sectors. Betterfrost utilizes high-power energy pulses to efficiently melt ice and frost, requiring significantly less energy—up to 20 times less—than traditional methods. This technology not only enhances the performance of refrigeration systems and ice makers but also offers solutions for gas vaporizers, solar panels, and industrial power lines. By controlling heat propagation and penetration depth, Betterfrost's solutions contribute to improved energy efficiency and operational effectiveness for its clients.
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