Innostart Capital

Innostart Capital is a venture capital firm established in 2016 and based in Montreal, Canada. It specializes in early-stage investments, targeting small to medium-sized businesses. As a family office, Innostart Capital focuses on nurturing innovative companies, providing them with the necessary support and capital to facilitate growth and development in their respective markets.

Mélissa Bray

Co-Founder and Investor

13 past transactions

Livescale

Pre Seed Round in 2019
Through their multicloud SaaS platform, Livescale allows to create LiveShopping events on any web environment, providing live video streaming, engagement modules (chat/quizz/survey/...) and instant checkout, directly connected to your eCommerce platform. Get data, audience ownership & improved revenues by creating personal, authentic & experiential livestreaming events.

Pop Meals

Series A in 2019
Pop Meals is a food delivery service that utilizes artificial intelligence in logistics and cooking automation. The company combines centralized, large-scale production with customer data, machine learning and the chefs in the industry to offer food delivery experience. It applies artificial intelligence to last-mile delivery offering the lowest delivery costs in the industry. Dahmakan was founded in 2015 and is headquartered in Kuala Lumpur, Malaysia.

Ludex

Pre Seed Round in 2019
Ludex is a mobile platform where pro and casual gamers can easily compete with friends on video-games.

DokkuPay

Venture Round in 2018
DokkuPay is a payment solution app that allows users to purchase items first, and spread the total cost over 4 equal instalments with their savings account. And get this interest-free.

Flinks

Seed Round in 2018
Flinks Technology Inc. is a financial data aggregator based in Montreal, Canada, founded in 2016. The company provides solutions that enable businesses to connect their users' bank accounts, allowing access to critical financial data such as account balances and transaction histories. Flinks offers a hosted application programming interface (API) that facilitates the integration of banking information with mobile applications, helping companies enrich their data and deliver enhanced financial products. The platform not only validates account ownership but also ensures compliance in handling sensitive information. Trusted by numerous leading companies, Flinks aims to simplify online transactions and empower businesses to better serve their customers through improved data utilization.

AON3D

Seed Round in 2018
AON3D is a manufacturer based in Montreal, Quebec, specializing in high-temperature industrial 3D printers. Established in 2015 by Andrew Walker, Randeep Singh, and Kevin Han, the company addresses the growing demand for printing strong and dimensionally stable parts from advanced materials. Its flagship product, the AON-M2, features an open filament platform that allows users to select suitable materials for their projects, helping to reduce costs associated with proprietary materials and licensing fees. AON3D's printers are designed to operate under high-temperature conditions, making them ideal for applications in aerospace, automotive, and research and development sectors. The company aims to streamline the value chain from product development to manufacturing, enabling clients to achieve greater efficiency and cost-effectiveness.

Jogogo

Convertible Note in 2018
Jogogo is a company that focuses on improving the in-store experience for brick-and-mortar retailers through data-driven insights. It develops machine learning-powered customer engagement software that integrates digital metrics into physical retail environments. The company provides Wi-Fi-based mobile engagement solutions that include features such as location tracking, customer timelines, customer profiles, and bounce rate calculations. By offering a real-time data platform, Jogogo enables retailers to access valuable insights that can be integrated into their existing systems. This approach helps retail businesses enhance customer engagement and optimize the overall shopping experience.

Peerio

Seed Round in 2017
Peerio Inc. is a Montreal-based company founded in 2014 that specializes in employee communication software, offering messaging and file sharing services. The platform focuses on providing a secure and private workspace for teams, featuring real-time collaboration and secure cloud storage. Peerio emphasizes user privacy with its end-to-end encryption technology, which protects sensitive information from data breaches and unauthorized access. The software is utilized by major media organizations to safeguard confidential communications. Peerio's code is open-source and undergoes independent audits to ensure security and transparency. In 2019, Peerio became a subsidiary of WorkJam, Inc., further expanding its reach and capabilities in the realm of secure communication technologies.

Wilder Harrier

Seed Round in 2017
Wilder Harrier specializes in producing innovative and sustainable pet food, focusing on healthy and tasty options made from insect-based ingredients. Their first product, BugBites, is a dog treat crafted from cricket flour, fresh bananas, and peanuts. The company emphasizes the use of human-grade, nutritious ingredients to create high-protein pet food that requires significantly fewer resources than traditional meat sources. Through its commitment to sustainability, Wilder Harrier aims to provide pet owners with responsible food choices for their dogs.

Nobbas

Venture Round in 2017
Nobbas operates an online real estate browsing platform that aims to transform the process of searching for homes and apartments. Recognizing a significant communication gap among buyers, agents, and other stakeholders, Nobbas provides collaborative tools designed to enhance interaction and decision-making. Users can search for properties based on their preferred location and criteria, such as price and area, while also facilitating collective input from spouses, friends, or agents. This approach not only streamlines the property search process but also makes it more engaging and enjoyable for all parties involved in the decision to purchase or rent a home.

Hyasynth

Seed Round in 2017
Hyasynth Bio is a Montreal-based company that specializes in the production of natural cannabinoid compounds. It focuses on developing innovative solutions for researchers, healthcare professionals, and patients dealing with conditions such as multiple sclerosis, epilepsy, Alzheimer's disease, chronic pain, inflammation, and muscular dystrophy. By leveraging a combination of traditional and modern biological technologies along with computational analysis, Hyasynth Bio aims to create effective drugs for a wide range of diseases. The company utilizes a scalable platform based on engineered microbes to enhance its drug development process, effectively addressing the needs of the medical community.

LuckyHammers

Seed Round in 2017
LUCKYHAMMERS is a technology company dedicated to bringing imaginations to life, and committed to creating interactive and immersive experiences which entertain, engage and empower. After having developed hundreds of projects for global brands through a strong expertise in interactive content, our leadership saw an opportunity to create and publish original IPs and grow the business. In early 2016 after an extensive study of both VR & AR (and their encompassing technologies) we rebranded as LUCKYHAMMERS, shifting our focus from servicing the entertainment industry to creating new IPs which disrupt it. Through inclusive business models that fully leverage new and existing technologies we are now able to set new benchmarks for performance and creativity. Having partnered with the biggest names in gaming and VR, we believe our strategy will set us at the vanguard of a new breed of content that will enable full adoption of this technology in life, art and business. Led by veterans from multiple industries, LUCKYHAMMERS continues to add to its team of professionals who strive to craft products and experiences that push the boundaries of technology and imagination. Our entrepreneurial attitude and attention to detail is driven by our passion to create meaningful content that matters.

Jogogo

Seed Round in 2016
Jogogo is a company that focuses on improving the in-store experience for brick-and-mortar retailers through data-driven insights. It develops machine learning-powered customer engagement software that integrates digital metrics into physical retail environments. The company provides Wi-Fi-based mobile engagement solutions that include features such as location tracking, customer timelines, customer profiles, and bounce rate calculations. By offering a real-time data platform, Jogogo enables retailers to access valuable insights that can be integrated into their existing systems. This approach helps retail businesses enhance customer engagement and optimize the overall shopping experience.
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