Creative Destruction Lab

The Creative Destruction Lab (CDL) is a seed-stage acceleration program founded in 2012 at the Rotman School of Management in Toronto, Canada. It is dedicated to supporting massively scalable, science- and technology-based ventures by providing a unique coaching process focused on specific objectives. CDL connects startups with experienced entrepreneurs and leading scientists across various sectors, including artificial intelligence, healthcare, quantum computing, blockchain, energy, and cleantech. The program has expanded its reach, operating in six cities: Vancouver, Calgary, Toronto, Montreal, Halifax, and New York City, and emphasizes the commercialization of scientific and technological advancements.

Malcolm Fraser

Associate

Dennis Kavelman

Founding Partner

Anthony Lacavera

Founding Partner

Past deals in Ontario

Nanology Labs

Seed Round in 2021
Nanology Labs has designed and is developing Manganescan®, a novel theranostic agent (MRI contrast agent/Radio-sensitizer) that allows detection of brain tumors at early stages using MRI. Simultaneously, it sensitizes cancer cells which improves radiation therapy outcomes. The agent is 3x more sensitive than current Gadolinium contrast agents (GBCAs), can cross the blood brain barrier and enables early and precise detection and targeting of brain cancer.

Hyivy Health

Non Equity Assistance in 2021
Hyivy Health creates an intelligent and holistic pelvic rehabilitation device for the 1 in 3 women worldwide who will experience a pelvic health complication in their lifetime. Our device provides the first quantifiable data set on the pelvic floor and 3 different therapies from multiple sensors and mechanical functions to help keep track of progress, adapt treatment plans and provide more effective, comfortable rehab experiences.

Paradox Immunotherapeutics

Non Equity Assistance in 2021
Paradox Immunotherapeutics is a pharmaceutical company that develops treatments for patients suffering from rare amyloid diseases. It uses an immunotherapy drug design platform to design drugs that harness the body’s own immune system to clear lethal deposits from affected organs and reverse organ damage.

Kraken Sense

Non Equity Assistance in 2021
Kraken Sense develops an automated pathogen detection platform that includes sensors to detect bacterial contamination in real-time, using cutting edge nanotechnology and state of the art calibration techniques. The company's solution makes monitoring low-cost and easy to use with an IoT enabled dashboard and analytics tools.

ViroCarb

Non Equity Assistance in 2021
Virocarb is a science-driven biotech company focused on the development and commercialization of innovative drugs for viral infections with urgent unmet therapeutic needs.

MinervaAI

Non Equity Assistance in 2021
MinervaAI predicts who poses money laundering and terrorist financing risk to banks. We provide automated, accurate and audit-proof AML investigations at a fraction of the cost of compliance.

Armilla AI

Non Equity Assistance in 2021
Armilla AI is a governance platform that enables algorithmic accountability to drive ethical decisions with transparency. The platform utilizes algorithmic accountability for tracking and governance and allows models to be tested in a matter of hours, vetting both the models themselves and the underlying datasets, helping clients by providing continuous monitoring of ongoing performance, accuracy, and algorithmic accountability by detecting errors.

Nfinite Nanotech

Non Equity Assistance in 2021
Nfinite Nanotechnology is an advanced material company that enables breakthrough innovations to redefine how we live, use, and create using open-air atomic layer deposition (ALD) technology. Nfinite makes functional nanomaterials that accelerate the development and commercialization of transformative technologies for a sustainable future, such as sustainable packaging, batteries, and photovoltaics. They have created a rapid open-air nanocoating system that produces large-area, high-quality, ultrathin films at up to 100x the speed of conventional ALD at a lower cost.

Private AI

Non Equity Assistance in 2021
Private AI Inc., established in 2017 and located in Toronto, Canada, specializes in the development of privacy-preserving machine learning and natural language processing tools. The company aims to create solutions that enhance secure and seamless data analysis, thereby supporting innovative software development while safeguarding user privacy. Through its advanced technologies, Private AI seeks to address the growing demand for data security in various applications, ensuring that sensitive information remains protected during analysis and processing.

Index Biosystems

Non Equity Assistance in 2021
Index Biosystems is a genetic food system traceability solutions provider specializing in source-of-origin traceability and identity preservation. By guaranteeing sub-population level source-of-origin identification, we empower a TraceForward approach to traceability. Index’s core technology involves inserting an inert genetic construct into food system products - a Nuclid™. This includes inputs, feed, seed, food and additives. Identification can be accurately achieved within a few hours independent of packaging (even in co-mingled or transformed products), greatly reducing the impacts of any recall. Our solution works in concert with legacy systems and expands the scope of what is traceable - from seed to waste, including post-digestion. Because this solution provides simple identification, there are many use-cases. Some use cases that we’ve identified include: Recall scope reduction Operational insights GMO identification Fraud identification Feed and seed security IP tracking Food system certification Waste tracking

VYouPoint Aero

Non Equity Assistance in 2021
VYouPoint Aero is a start-up company that develops web applications for regional and low-cost airlines.

AdeptMind

Non Equity Assistance in 2021
AdeptMind is an AI company that innovates in e-commerce product discovery using active learning and deep learning. Its co-founders recently came out of a quite successful sale of their previous company, Maluuba. This time around, they are looking to grow a kick-ass Silicon Valley style team right here in downtown Toronto, Ontario, Canada.

PulSenics

Non Equity Assistance in 2021
PulSenics is a provider of real-time electrochemical system monitoring and control solutions. It utilizes artificial intelligence technology for electrochemical system monitoring and provides insights about electrolyte concentration, membrane health, power consumption, electrode adsorption, and others.

e-Zinc

Non Equity Assistance in 2021
e-Zn Inc., trading as e-Zinc, is an energy storage technology company that develops electrochemical technology for storing energy in zinc metals. Its Zn reactor products have applications in residential houses, islands, remote communities, third world countries, military bases, mining sites, mobile communities, telecommunication sites, emergency responses, and electric vehicle charging stations. The company was founded in 2012 and is based in Toronto, Canada.

ALT TEX

Non Equity Assistance in 2021
ALT TEX is creating sustainable textiles regenerated from post-industrial waste.

Inteligex

Non Equity Assistance in 2021
Inteligex is focused on developing innovative stem cell-based therapeutics aimed at restoring function in patients with spinal cord injuries and other central nervous system diseases. The company is pioneering novel technologies that modify the spinal microenvironment and provide regenerative therapeutic cells to replace essential cells lost due to injury. Through its development program, Inteligex aspires to become the first entity to offer an effective treatment for spinal cord injuries, a condition that currently lacks viable therapies. The successful implementation of its solutions could benefit hundreds of thousands of patients globally, significantly advancing the field of regenerative medicine.

RockMass Technologies

Seed Round in 2020
RockMass Technologies is revolutionizing structural mapping by developing a data collection tool made for geologists. The company creates data collection more efficient, accurate and safe for geologists in mining, exploration, civil engineering and education. At RockMass, our goal is to improve geological mapping in the mining, civil engineering, and exploration industries with our revolutionary mapping technologies.

Jaynes Computing

Non Equity Assistance in 2020
Jaynes Computing is an AI company utilizing state of the art Probablistic deep learning that enable organizations to make better decions and optimize resources, that translate to profits. Jaynes Computing offers a AI as a Service platform for supply chain optimization, like sales forecasting, inventory optimization, scenario simulation.

Qoherent

Pre Seed Round in 2020
Qoherent is a provider of software development tools. It provides heterogeneous computing solutions through advanced research systems.

NXT Farm

Pre Seed Round in 2020
NXT Farm provides industry-first algorithms for processing satellite imagery which help a farmer optimize their inputs and maximize their yields.

EnPowered

Non Equity Assistance in 2020
EnPowered helps businesses take charge of their energy usage and costs. We provide free audits on energy bills to deliver up to 70% in cost reductions. We also run analytics on our customers’ energy usage to help them save even more, offering energy retrofits to reduce energy consumption. We are working to give Power to the People. We help our customers control their energy usage and costs, and also allow small businesses to group together to get lower electricity rates; group-buying for energy.

Per Vices

Non Equity Assistance in 2020
Phi is currently designed as a PCIe card for developers. It is hardware (a software defined radio) that allows software developers to write applications to interact with all types of wireless signals and wireless devices.

Mayday

Non Equity Assistance in 2020
MAYDAY LABS INC. designs and develops wellness and productivity software solutions. The company offers calendar scheduling assistant solutions, including automatic travel time scheduling. MAYDAY LABS INC. was incorporated in 2018 and is based in Toronto, Canada.

Brink Bionics

Non Equity Assistance in 2020
Brink Bionics Inc. is a Canadian company based in Waterloo, founded in 2018, that specializes in the development of advanced bionic technologies. The company's flagship product, the Axo Hand, is a myo-electric prosthesis designed for adults with below-elbow limb differences, offering six degrees of freedom for enhanced functionality. In addition to its focus on prosthetics, Brink Bionics integrates machine learning and brain-computer interfaces to create innovative solutions for the gaming industry, including a product called Impulse that enhances interaction with gaming mice. Through its cutting-edge technology, Brink Bionics aims to improve the quality of life for individuals with limb differences while also advancing the gaming experience.

Arylla

Non Equity Assistance in 2020
Arylla Inc. is a Canadian company specializing in nanotechnology-based invisible ink designed for fraud detection in luxury goods. Founded in 2015 and based in Winnipeg, Arylla's ink assists resellers in verifying the authenticity of high-value items such as leather goods, footwear, and ready-to-wear clothing. The company collaborates with luxury brands, applying its ink during production and facilitating a revenue-sharing model that enables these brands to monetize the resale of their products while combating counterfeit sales. Additionally, Arylla offers a tiered security platform for printing invisible labels that support food authentication and develops scanners for verifying fluorescent signatures.

Spellbook

Non Equity Assistance in 2020
Rally is a web app where users can manage their contracts and company’s legal documents in a frictionless manner and entirely on the cloud.

PhenoTips

Non Equity Assistance in 2020
PhenoTips is a computer software company that provides solution for clinical genetics, phenotyping, and human phenotype ontology. It offers smart software solutions streamlined for clinical use that can be integrated with existing electronic health records. The company was founded in 2014 and headquartered in Ontario, Canada.

Altis Labs

Non Equity Assistance in 2020
Altis Labs is a clinical information company located in Toronto, where it leverages expertise in artificial intelligence and medicine. The company focuses on developing AI-powered software designed to predict drug efficacy and accelerate clinical development. By utilizing deep learning-based imaging biomarkers and proprietary real-world imaging data combined with clinical context, Altis Labs enables biopharma companies to measure treatment effects more accurately and earlier in the clinical trial process. This innovative approach aims to enhance the speed and success rate of late-stage trials, ultimately guiding personalized treatment and facilitating therapeutic research and development.

Alexi

Non Equity Assistance in 2020
Alexsei is a developer of an advanced legal platform that specializes in providing high-quality, comprehensive answers to complex legal questions. Utilizing cutting-edge artificial intelligence, natural language processing, and machine learning technologies, the platform delivers affordable legal insights in a memo format with rapid turnaround times. By leveraging collective intelligence and a knowledge management system, Alexsei enables legal professionals to efficiently upload, share, and manage their research, streamlining the process of legal inquiry. This innovative approach allows the company to offer significant cost savings while maintaining high standards of accuracy and depth in legal responses.

401 Labs

Non Equity Assistance in 2020
401 Labs is an innovative technology company dedicated to the development and deployment of cutting-edge AI solutions for safety critical systems.

Bibu Labs

Non Equity Assistance in 2020
Dynamic Defence Against Cyber Attacks for IoT
Epineuron Technologies, Inc. is a medical device company based in Hamilton, Canada, that specializes in developing innovative treatment strategies for peripheral nerve injuries. Incorporated in 2016, the company focuses on bioelectronic medicine and aims to establish a new standard of care for nerve repair and regeneration. Epineuron is working on a range of surgical solutions designed to repair and treat peripheral nerve injuries, with the goal of becoming a leader in bioelectronic nerve care through its neuroregenerative therapy.

Phaseshift Technologies

Pre Seed Round in 2020
At Phaseshift, we develop novel high performance alloys using Computational Chemistry and Machine Learning. Our Machine Learning models are trained to predict material properties associated with a large range of alloy compositions in a a few seconds. This, along with our computational chemistry models, enable us to model the behavior of any alloy composition in a time and cost efficient way without any compromises with the accuracy. We use our solution to develop materials for our clients that have a very specific set of needs that are unmet by existing material choices. Currently we are focused on a specialized class of materials - Amorphous Alloys and High Entropy Alloys. These materials are often considered as some of the toughest materials known to us but are less easily commercialized than traditional alloys. Some use cases of these alloys are found in the bio-medical industry, aerospace industry, nuclear industry, etc. We can also optimize our materials for the ever evolving manufacturing landscape and are currently working on projects that involve optimizing are materials for Additive Manufacturing.

Tiny Mile

Pre Seed Round in 2020
Tiny Mile is a robotics company that develops a four-kilogram teleoperated (and semi-autonomous) last-mile delivery robot. The company is a startup based in Toronto, Canada. It helps small businesses with affordable delivery.

Evercloak

Seed Round in 2020
Evercloak Inc., founded in 2018 and based in Waterloo, Canada, specializes in the production of ultra-thin graphene and other two-dimensional nanomaterial films. The company employs an economical and energy-efficient manufacturing process to create continuous coatings of single-layer nanomaterials. By utilizing an advanced manufacturing platform, Evercloak produces ultra-thin nanomaterial membranes that support clean technology applications. These innovations aim to lower costs, reduce energy consumption, and decrease greenhouse gas emissions across various sectors, including oil and gas, nuclear energy, mining, and agri-food.

ManagingLife

Non Equity Assistance in 2020
ManagingLife is tackling the chronic pain and opioid crisis head-on. Chronic pain drives more health plan costs than any other chronic condition, and is the number one reason for disability claims. It is a costly problem that plan sponsors are increasingly looking for solutions from their health plans and disability carriers. Our industry-leading digital solution helps patients and doctors better measure, monitor, and manage chronic pain. As a result, we: * reduce absenteeism for employers * lower costs for health plans * shorten and prevent short and long-term disability claims Our solution is used by over 45,000 people worldwide and is licensed by Green Shield Canada and RBC Insurance, who collectively have more than 2.5 million lives under coverage. It is used at 7 hospitals, including a VA hospital in SF and Canada's largest academic hospital, University Health Network. ManagingLife was founded in 2012 and headquartered in Toronto, Ontario.

Tiny Mile

Non Equity Assistance in 2020
Tiny Mile is a robotics company that develops a four-kilogram teleoperated (and semi-autonomous) last-mile delivery robot. The company is a startup based in Toronto, Canada. It helps small businesses with affordable delivery.

Quantum bridge technologies QBT

Pre Seed Round in 2020
QBT is building the next generation of the internet by overlaying their proprietary software and quantum repeater hardware in order to allow quantum communication between any two parties around the globe.

Manifold

Pre Seed Round in 2020
Developer of a mobile LiDAR scanning application designed to simplify and improve construction site documentation. The company's software allows users to scan job sites using the LiDAR in iPhone and automatically generate a digital copy of the environment that includes floor plans, measurements, virtual tours and more, that can easily be accessed over the web, preserve raw information, apply machine learning to automatically track progress, search the site and even automate safety inspections, enabling clients to generate floor plans, height maps, point clouds and deliver augmented and virtual reality content.

Arma Biosciences

Non Equity Assistance in 2020
Arma Biosciences is a Toronto-based developer of a sensor platform designed for continuous monitoring of various physiological markers. The platform's sensing tips are compatible with multiple biological fluids, including saliva, blood, urine, sweat, and tears, allowing for rapid development to detect diverse health indicators. This technology enables users to access critical information regarding their health status, including the monitoring of cardiac biomarkers that are indicative of heart failure progression. By facilitating personalized health monitoring, Arma Biosciences aims to enhance individual awareness and management of health conditions.

EcoPackers

Seed Round in 2019
EcoPackers Inc. is a Toronto-based company established in 2018 that specializes in the production and sale of biodegradable packaging materials. The company focuses on creating eco-resins derived from plants, offering a 100% biodegradable alternative to traditional plastic inputs. These eco-resins enable plastic manufacturers globally to develop innovative, non-toxic, and compostable single-use packaging solutions. Through its commitment to sustainability, EcoPackers aims to reduce the environmental impact of plastic packaging.

FluidAI Medical

Pre Seed Round in 2019
NERv Technology Inc. develops an implantable biochip with biosensors to detect post-operative complications, such as internal bleeding, leakage of bodily fluids, and infection within the abdominal cavity. The biosensor collects data and identifies the complications as it develops and informs both patient and physician in real-time. It also detects changes in the levels of biomarker. The company serves physicians, surgeons, hospitals, and patients. NERv Technology Inc. was founded in 2014 and is based in Kitchener, Canada.

ODAIA

Seed Round in 2019
ODAIA Intelligence Inc. is a Canadian company that specializes in developing an artificial intelligence-based platform for customer engagement analysis. Founded in 2018 and headquartered in Toronto, ODAIA offers a cloud-based software as a service (SaaS) platform that enables enterprise clients to automate the mapping of customer touchpoints and journeys. Utilizing advanced techniques in big data mining, process journey mapping, and machine learning, the platform provides insights into customer behavior, predicts future actions, and identifies potential churn. ODAIA simplifies data ingestion and normalization from various sources, offering an intuitive dashboard for visualizing insights and predictions. The company was established by a team of academics and industry professionals, including members from the University of Toronto and the University of Lausanne, whose research has been widely recognized in the field.

Ratio.City

Seed Round in 2019
Ratio.City Inc. is a Toronto-based company founded in 2017 that develops a platform offering online mapping and analysis tools for real estate professionals. The platform assists clients in identifying and evaluating potential development locations, enabling them to unlock the full potential of urban sites. Ratio.City provides three-dimensional building massing options tailored to low-rise, medium-rise, and high-rise guidelines, along with relevant data and technology to support various real estate industry projects.

Feroot, Inc.

Non Equity Assistance in 2019
Feroot, Inc. develops intrusion and threat detection platform. It offers Client-facing attack surface monitoring, real time notifications, security access analysis, keystroke sniffing, asset discovery; Alerts and notifications, integrations, data skimming and unauthorized transfer, scripts; Forensics, caching and storing, script difference, loading chain; and Custom scenarios. The company was founded in 2017 and is based in Toronto, Canada.

Joyride

Non Equity Assistance in 2019
Joyride powers the largest global network of micromobility operators. They offer turnkey software solutions for dockless bike-share and electric scooter operators. Their platform includes a white-label mobile application for end-users and a web-based dashboard for fleet operators. They currently power customers in 100-plus markets worldwide, and their management software enables an any-sized business to launch their fleet within 24 hours and seamlessly scale their operations from five to 500,000-plus vehicles.

Lake Project

Non Equity Assistance in 2019
Buy With Impact aims to direct consumer finance towards fighting climate change because we believe that consumer behavior will become an increasingly powerful catalyst in driving sustainability action. Consumers today lack options to fight climate change without upending their entire lifestyle & spending habits. We also don't have a way to understand if our small, day-to-day actions are making any impact at all. The Impact Card solves both of these challenges - It's a credit card and accompanying app that measures the environmental impact of their everyday spending and automatically offsets that impact by funding certified green projects through UN sanctioned offsets.

Zed Network

Pre Seed Round in 2019
Zed Network operates as a payment orchestration platform that facilitates payment acceptance and payouts across a wide global landscape. It enables clients to accept payments in over 100 countries and make payouts in more than 200 countries, supporting over 150 currencies through a single API integration. The company's technology is designed to streamline domestic and cross-border payment processes, including risk management and loyalty programs. By offering a unified platform, Zed Network helps clients avoid the complexities of integrating with multiple payment processors, while also managing various payment platforms and handling non-standardized reporting files. This comprehensive solution allows clients to efficiently access payment acceptance and collections through a single technology interface.

QEYnet

Non Equity Assistance in 2019
QEYnet is ushering in a new era of ultra-secure communications by building the world's first satellite network for Quantum Key Distribution.

QReserve Inc.

Non Equity Assistance in 2019
QReserve helps organizations understand, manage, promote and share resources, expertise and facilities through our powerful web platform, professional cataloguing services, and analytics tools. We provide unprecedented quantifiable data on utilization rates, associated revenues, capacity, and performance. QReserve helps thousands of users discover, access and purchase time on over ten thousand resources every day with notable institution level clients that include SickKids, UBC Okanagan and McMaster University.

TasteGuru

Pre Seed Round in 2019
Developer of an AI-based software intended to offer a personalized shopping experience. The company's software helps consumers find their favorite food and drinks based on personal taste preferences using artificial intelligence technology, enabling retailers and brands to increase product trial, customer experience, consumer engagement, product awareness, target marketing and localize assortment.

16 Bit

Non Equity Assistance in 2019
16 Bit Inc. is a Toronto-based company that develops artificial intelligence software for medical imaging analysis. The company aims to enhance physicians' diagnostic capabilities through innovative algorithms designed for various applications, including breast cancer screening, neurological emergency detection, and pediatric bone age assessment. By creating sophisticated systems that help triage mammograms and interpret tomographic images, 16 Bit seeks to improve the quality and accessibility of healthcare for patients.

Arfront Technologies

Non Equity Assistance in 2019
Arfront Technologies is an Augmented reality solution provider based in Toronto, Canada.

CapIntel

Non Equity Assistance in 2019
CapIntel Inc. is a financial technology company based in Toronto, Canada, founded in 2017. It offers an online platform designed for financial advisors and asset management sales teams, facilitating the management of client portfolios and enhancing communication between asset managers and advisors. The platform provides tools for comparing investment performance, switching funds, and generating easy-to-read proposals, all while delivering live updates. By integrating investment analytics with collaborative tools, CapIntel's solution helps advisors build client confidence and improve their understanding of investments. The platform has gained traction among financial professionals in North America, proving effective in increasing sales and enabling better service delivery.

StratumAI

Pre Seed Round in 2019
StratumAI specializes in advanced mining technology aimed at optimizing resource modeling for hard rock mining. The company employs deep learning techniques to enhance the accuracy of predictions regarding mineral deposits, particularly gold, by improving the traditional method of statistical interpolation used to estimate the quantity of resources between drill holes. This innovative approach not only identifies the most promising drilling locations but also provides a clearer picture of the mineral concentration in the surrounding areas. StratumAI's technology is versatile, demonstrating effectiveness across various metals, including base metals like copper. Current pilot projects indicate that the implementation of their technology could generate approximately $10 million in annual value for the average mining operation, thereby offering significant improvements in operational efficiency and resource management.

...

Non Equity Assistance in 2019
Inventing the future of wearables and personal technology, ethically. We provide a low cost, highly secure wearable eyeglass-based physical and mental health monitor with optical (fNIRS) sensing. We use blockchain to encrypt personal data. We provide real-time feedback for those who have high stress and need to improve their physical and mental well-being in a secure way (knowledge workers, nursing, long hour workers, developers, gamers, lawyers, bankers, students, athletes).

Spiderwort

Angel Round in 2019
Spiderwort is a Canadian company based in Ottawa, founded in 2015, that specializes in developing biomaterials for regenerative medicine. The company focuses on creating plant-derived cellulose-based biomaterials, which are engineered to form various scaffold architectures. These innovative biomaterials aim to facilitate the repair and regeneration of tissues within the human body, including applications for spinal cord injury repair and soft tissue regeneration. Currently in the pre-clinical stage, Spiderwort's products show promising results in terms of biocompatibility and the ability to induce angiogenesis, which is the generation of new blood vessels within the scaffolds. By utilizing both biological and synthetic polymers, Spiderwort offers a range of product forms, including powders, gels, membranes, and pastes, contributing to advancements in healthcare and regenerative therapies.

Forcen

Seed Round in 2019
Sensor Medical improves surgical safety through force-sensing technology.

Nanology Labs

Seed Round in 2019
Nanology Labs has designed and is developing Manganescan®, a novel theranostic agent (MRI contrast agent/Radio-sensitizer) that allows detection of brain tumors at early stages using MRI. Simultaneously, it sensitizes cancer cells which improves radiation therapy outcomes. The agent is 3x more sensitive than current Gadolinium contrast agents (GBCAs), can cross the blood brain barrier and enables early and precise detection and targeting of brain cancer.

SiteVue

Pre Seed Round in 2019
SiteVue Inc. provides a real-time site management platform that allows project managers to monitor construction progress by storing the data securely in the cloud and make it accessible to the entire project staff. Its platform provides services, such as automated photo mapping, deficiency tracking, and custom report generation. The company was founded in 2016 and is based in Kitchener, Canada.

SpaceRyde

Seed Round in 2019
SpaceRyde is a Canadian company founded in 2018 and headquartered in Toronto that specializes in providing on-demand launch services for small satellites. The company has developed an innovative launch platform where a high-performing ultra-light rocket is carried by a balloon to the edge of the atmosphere. Once at this altitude, the rocket is ignited to deliver microsatellites into Low Earth Orbit. SpaceRyde aims to simplify access to space for microsatellite operators, positioning itself as a key player in the emerging satellite launch market. The company has also established a strategic partnership with Solar Ship Inc. to enhance its operational capabilities.

Mission Control Space Services Inc.

Non Equity Assistance in 2019
Mission Control is a space exploration and robotics company specializing in spacecraft operations, onboard autonomy and artificial intelligence. We are developing a full-stack robotic control solution. Our technology is designed to control and automate robotic assets operating in harsh and remote environments and increase the safety, efficiency and scientific or financial return of missions.

Tag Innovation

Non Equity Assistance in 2019
Tag is a Loyalty Innovation Lab supporting loyalty programs and their partners. With expertise in software development, analytics, blockchain, and message gateways, Tag is currently focused on supporting the travel industry both directly and via partnerships with preferred vendors in the space. They are currently looking for opportunities to apply emergent tech to enhance and facilitate cross program partnerships.

Synex Medical

Seed Round in 2019
Synex Medical specializes in non-invasive blood testing technology, focusing on the development of a portable device that enables users to monitor metabolite concentrations without penetrating the skin. Utilizing a miniaturized magnetic resonance system, the company can accurately detect critical blood metabolites such as glucose, lactate, and ketones. This innovative approach employs only magnets and radio waves, ensuring there are no adverse health effects associated with its use. By providing precise information about metabolic health, Synex Medical aims to empower individuals to take proactive steps in managing their health and well-being.

Grain Discovery

Non Equity Assistance in 2019
Grain Discovery is an online marketplace based in Toronto, Ontario, that utilizes blockchain technology to enhance the efficiency, transparency, and security of transactions in the agricultural sector. Founded in 2018, the company addresses key challenges in the global commodity supply chain, such as loss of provenance and market opacity. By ensuring proof of origin and employing smart contracts, Grain Discovery facilitates secure title transfers and payments while improving communication and data flow across supply chain software. This innovative approach allows farmers to differentiate their products, track their supply chains effectively, and potentially command premium prices. Through its platform, Grain Discovery aims to strengthen the connections between farmers and buyers, transforming the way agricultural commodities are traded.

CogniFrame Inc

Non Equity Assistance in 2019
Innovative and Creative Entrepreneur with experience covering Financial services, Technology, Transportation , AI/Machine Learning & Quantum Technology. Cogniframe (www.cogniframe.com), The Hybrid Machine Learning Company, was founded by Vish in March 2016. CogniFrame is the Financial Services Operating Layer that sits on top of Quantum Cloud.and combines Classical + Quantum Optimization & Simulation algorithms and processes to help institutions improve their outcomes. Vish also owns Logistrics (www.logistrics.com) which is in its 15th year of operation in the mapping, logistics software, mobile dispatch, scheduling and tracking space serving the transportation sector including the largest crew hauler in the U.S serving the railroads. Besides previous stints in senior leadership roles with both Scotiabank & HSBC covering retail and commercial banking, payments, etc., he has significant global business experience. Prior to founding Logistrics in 2006, Vish worked as a Vice President & Officer of the U.S Subsidiary of BCE Emergis (Emergis Technologies). He has also held board positions in a number of startups. Vish is a member of York Angels, which is one of the largest angel groups in Canada. He was featured in the A List in 2018 for his success and contribution to Canada as an Indo-Canadian. Vish holds an Economics degree and an MBA both from the University of Mumbai, India.

Poket

Non Equity Assistance in 2019
POKET generates location-specific insights by leveraging the power of community and rewarding it back in the process. It offers a solution for deploying crowdsourcing engagements. POKET works with researchers and organizations to customize a suite of mobile tools for crowdsourcing data. Ideal use-cases include self-reported data, citizen-generated data, high-frequency data collection or participatory mapping.

Lunie

Non Equity Assistance in 2019
Lunie is a non-custodial cryptocurrency platform, built for mobile and the web. We're adding support for every proof of stake blockchain to enable growth.

QuantumSense

Seed Round in 2018
QuantumSense is a Canadian artificial intelligence company that specializes in advanced semantic search technology. It has developed a platform capable of performing searches at the sentence level, moving beyond traditional keyword-based methods. This technology encapsulates the meaning and structure of words, allowing for more accurate and efficient comparisons in meaning across documents and archives. By utilizing machine learning models, QuantumSense also offers capabilities such as question answering, named entity recognition, and sentiment analysis. These features enable businesses to analyze unstructured data effectively, improving decision-making processes. The platform is particularly beneficial in the finance sector for better predictions through the integration of sentiment and fundamental analysis, as well as in the insurance industry, where it can automate and expedite the claims process.

MesoMat

Non Equity Assistance in 2018
MesoMat specializes in advanced sensing technology, focusing on the development of plastic-based fibers that serve as lightweight strain sensors. These innovative fibers are designed to monitor fatigue, fracture, and failure in critical material systems. By integrating these sensing fibers with custom electronics and software, MesoMat provides a comprehensive condition-based monitoring platform that leverages real-time data to prevent material failure. The fibers can be easily embedded into various materials, including those in high-strain environments that are typically difficult to access with traditional strain sensors. MesoMat's technology aims to enhance safety and efficiency in numerous applications, particularly in sectors where material integrity is crucial.

DarwinAI

Seed Round in 2018
DarwinAI Corp. specializes in designing and developing a platform that generates deep neural networks for enterprise artificial intelligence applications. The company's flagship product, GenSynth, is a software platform that provides developers and data scientists with tools to accelerate the deep learning development cycle in a transparent manner. GenSynth automatically creates new models that meet specific performance targets while maintaining transparency throughout the development process, allowing users to understand the factors influencing model decisions. Founded in 2017 and headquartered in Waterloo, Canada, DarwinAI leverages patented Generative Synthesis technology to enhance the efficiency, portability, scalability, and comprehensibility of artificial intelligence, making advanced AI accessible to a broader audience.

Agnostiq

Non Equity Assistance in 2018
Agnostiq Inc. is a Toronto-based enterprise technology startup that specializes in security software for quantum cloud computing. Founded in 2018, the company offers solutions designed to ensure the privacy of data and algorithms while enabling users to experiment with quantum processors over the cloud. Agnostiq's software is compatible with current quantum hardware, allowing users to adjust security levels based on their specific needs. By integrating with existing software development kits, Agnostiq provides cross-platform solutions that cater to various cloud service providers. This innovative approach allows privacy-sensitive users to leverage the advantages of quantum computing without compromising their proprietary information.

eMurmur

Non Equity Assistance in 2018
EMurmur is a digital health company that creates apps that specializes in detecting, analyzing, and classifying heart murmurs. They specializes in Machine Learning for the analysis of data for medical applications. The company also offers educational solutions for classroom teaching and self-paced learning. Emurmur uses Machine Learning to identify and classify heart murmurs, its absence, and heart sounds. It was founded in 2015 and is based in Ottawa, Ontario, Canada.

Brisk Synergies

Non Equity Assistance in 2018
Brisk Synergies Inc. specializes in designing solutions that assist urban planners and engineers in collecting, monitoring, and analyzing traffic movement video data. The company offers two primary software platforms: BriskLUMINA, which tracks and classifies individual road users while detecting near-misses and potential collisions, and BriskVANTAGE, which employs artificial intelligence and computer vision algorithms to analyze real-time video data for traffic safety insights. These tools enable transportation engineers and automotive planners to proactively address road safety issues without waiting for incidents to occur. Founded in 2013 and headquartered in Waterloo, Canada, with an additional office in Montréal, Brisk Synergies operates as a subsidiary of Transoft Solutions, Inc. The company's technologies contribute to sustainable urban mobility by helping cities enhance traffic infrastructure and improve overall road safety.

Solid State AI

Non Equity Assistance in 2018
Solid State AI is building a SaaS platform that enables process and equipment engineers in complex manufacturing industries to increase manufacturing yields, optimize process parameters, and reduce equipment maintenance costs and downtime. Our hybrid quantum-classical machine learning algorithms are particularly effective at predicting on sparse data sets – those with limited data, or those with lots of noise and only a few relevant signals.

NetraMark

Non Equity Assistance in 2018
Combines proprietary QML/ML algorithms with cross-domain expertise to bring ML commercialization into reality

Cohesys

Pre Seed Round in 2018
Cohesys uses inspiration from nature to create the next generation of surgical adhesives that are strong enough to replace titanium screws in craniomaxillofacial (CMF) fracture fixation. Its technology employs a resorbable, flexible polymer tape and bio-inspired adhesive system, resulting in safer and faster CMF fracture fixation procedures.

SRTX

Seed Round in 2018
Sheerly Genius Inc. is a Canadian company specializing in the manufacture of pantyhose crafted from ballistic-grade fibers, similar to those used in bulletproof vests and climbing equipment. Founded in 2017 and headquartered in Port Carling, the company focuses on providing consumers with durable and stylish inner garments. Its innovative products are available for purchase through online retail channels, catering to a market that values both quality and resilience in apparel.

RockMass Technologies

Convertible Note in 2018
RockMass Technologies is revolutionizing structural mapping by developing a data collection tool made for geologists. The company creates data collection more efficient, accurate and safe for geologists in mining, exploration, civil engineering and education. At RockMass, our goal is to improve geological mapping in the mining, civil engineering, and exploration industries with our revolutionary mapping technologies.

Mediphage Bioceuticals

Seed Round in 2018
Mediphage Bioceuticals is a genetic medicine company focused on developing safe, effective, and personalized transgene delivery platforms for the delivery of genes into cells for gene therapy, cell engineering and gene editing. Our flagship technology, ministring DNA (msDNA) is the safest transgene delivery vector on the market that does not compromise effectiveness and can be produced at a fraction of the cost of competing solutions.

TritonWear

Seed Round in 2018
TritonWear Inc., based in Kitchener, Canada, specializes in developing performance wearables that enable coaches and athletes to monitor performance in real time via mobile devices. The company offers a highly accurate sports wearable that uniquely provides personalized, AI-based auto-coaching, tailored to individual data. By focusing on the critical issues of inaccurate data and the lack of actionable feedback within the burgeoning fitness and sports wearables market, TritonWear has carved out a distinctive niche. The company aims to enhance athletic performance by delivering precise insights and guidance to users.

panCELLa

Seed Round in 2018
panCELLa Inc. is a biotechnology company based in Mississauga, Canada, founded in 2015. The company focuses on advancing cell-based therapies by developing the FailSafe cell therapy system, which is designed to enhance safety for regulators, clinicians, and patients involved in the treatment of degenerative and malignant diseases. This innovative system incorporates unbreakable safety switches into the cell design, aiming to improve the efficacy and safety of cell therapies in medical applications.

Blue Lava AI

Non Equity Assistance in 2018
Blue Lava AI enables any cancer treatment center to efficiently deliver world-class care for patients. Blue Lava uses AI tools and shared expertise to automatically review and ensure the quality of radiation therapy treatment plans.

Cosm Medical

Pre Seed Round in 2018
Cosm Medical is a VC-backed health-tech startup building and commercializing a software-enabled medical device platform to improve the lives of women affected by pelvic floor disorders.

HealthChain

Non Equity Assistance in 2018
HealthChain offers software solutions designed to enhance existing healthcare management systems and streamline workflows by replacing outdated technologies and paper-based processes. The company's platform utilizes advanced technology to ensure a safe and secure flow of medication information throughout the healthcare continuum. By incorporating automated prescribing rules, HealthChain improves the accuracy of drug therapy, ultimately optimizing patient outcomes.