Innovation Guelph

Innovation Guelph helps ideas start, grow, and thrive by cultivating entrepreneurs, developing powerful partnerships, and supporting innovative initiatives that transform the way they do things in business and in their community. They help companies, entrepreneurs and youth to explore and solve business challenges through their hands-on approach to business coaching. They’re committed to helping businesses succeed.

6 past transactions

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.

Ardra Bio

Seed Round in 2018
Ardra is a startup based on technology developed at the University of Toronto. Their technology uses model-guided metabolic engineering and synthetic biology to develop biocatalysts for the production of specialty chemicals from renewable resources. Their current target is the cosmetics industry, which uses $2.6 billion worth of petroleum chemicals in a variety of products.

Teabot

Grant in 2017
teaBOTTM is creating a retail platform for customized grab-and go tea. Our robotic kiosks allow you to order a custom cup of loose-leaf tea and share your blends at the touch of a button. Customers control features on the touch screen or their smartphone and walk away with a personalized cup of tea in under a minute. Whether experimenting with new flavors, reordering a favorite, or trying a friend’s blend, teaBOTTM simplifies tea blending and speeds up the tea serving process. After talking to tea enthusiasts, we found that many tea drinkers love the idea of making their own blends but find it too tedious, expensive, or risky to do this at home. We decided to make this easier for everyone by building a robot that blends tea. After trying out different blends, customers can pick their favorites and order a pouch for home.

Betterfrost Technologies

Seed Round in 2017
Betterfrost Technologies provides ultra-low energy de-icing technology solutions for electric vehicles and refrigeration. They offer solutions that control heat propagation and heat penetration depth to use the heat necessary for the application.

Betterfrost Technologies

Seed Round in 2016
Betterfrost Technologies provides ultra-low energy de-icing technology solutions for electric vehicles and refrigeration. They offer solutions that control heat propagation and heat penetration depth to use the heat necessary for the application.

AceAge

Seed Round in 2016
AceAge is a healthcare technology company, creating intuitive products to ease the aging process and improve health outcomes. AceAge is the company behind the next innovation in healthcare technology. Its upcoming product is a home health appliance designed to help people take their medication properly. Karie is a personal health companion that organizes, schedules, and dispenses pills with easy one-button control. The CEO of AceAge, Spencer Waugh, created Karie to increase the health and safety of medical patients, and as a way to minimize the negative consequences of missed medications or general failure to adhere to medication directions. The success of medicine is dependent on the patient’s compliance with the medical directions that accompany it, making it an integral part of healthcare. The total direct and indirect costs of nonadherence in the US annually is $290 billion. By making daily medicine routines completely automated, Karie removes the chance of human error. Karie uses common multi-dose pouch packaging that can be pre-set by pharmacists. Doses are scheduled, delivered and monitored for the user. Karie is easy to use, enables greater patient autonomy and ensures better healthcare through a highly coordinated program.
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