RiSC Capital

RiSC Capital is a venture capital firm established in 2019 and headquartered in Toronto, Canada. The firm focuses on investing in the Canadian deep tech sector, aiming to support innovative companies that are developing advanced technologies. Through its investments, RiSC Capital seeks to foster growth and advancement in this specialized area of the technology landscape.

Scott J. Pelton

Co-Founder

Colin Webster

Co-Founder

7 past transactions

Skygauge

Seed Round in 2022
Skygauge has reinvented the drone to perform work not possible with drones today. Their first application is performing industrial inspections (Ultrasonic Testing). Instead of having workers on ropes, boom lifts, and scaffolding The Skygauge will perform inspections 5-10x faster. This reduces turnaround time, cost of inspection, and increases safety because workers are not exposed to work at height. Once they dominate the inspection market our core technology will branch out into pressure washing/cleaning, painting/coating, and attach a robot arm for general work. The same way robot arms created a workforce in factories their drones will create a workforce in the sky.

MesoMat

Seed Round in 2022
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.

Aeroflux

Seed Round in 2021
Developer of aircraft braking systems intended to provide frictionless and virtually wear-free braking. The company's magnetic brake technology provides completely contactless, wear-free, and maintenance-free braking of large passenger jets, enabling airline companies to save cost in maintenance and operating costs per plane.

Innovere

Seed Round in 2020
Innovere Medical specializes in the development of wireless peripheral devices aimed at enhancing patient comfort during magnetic resonance imaging (MRI) exams. The company's innovative products are designed to provide clear audio signals to patients while minimizing the disruptive noise typically associated with MRI procedures, transforming it into a more manageable background hum. One of their key offerings, MRI-Voicelink, facilitates seamless, noiseless, and wireless communication between clinicians inside and outside the MRI suite. This technology not only improves the overall MRI experience for patients but also fosters greater participation, ultimately helping to alleviate anxiety during the imaging process.

Skygauge

Seed Round in 2020
Skygauge has reinvented the drone to perform work not possible with drones today. Their first application is performing industrial inspections (Ultrasonic Testing). Instead of having workers on ropes, boom lifts, and scaffolding The Skygauge will perform inspections 5-10x faster. This reduces turnaround time, cost of inspection, and increases safety because workers are not exposed to work at height. Once they dominate the inspection market our core technology will branch out into pressure washing/cleaning, painting/coating, and attach a robot arm for general work. The same way robot arms created a workforce in factories their drones will create a workforce in the sky.

Semantic Health

Seed Round in 2020
Operator of an online medical data platform intended to automate medical coding to build an actionable data layer for hospitals. The company's platform provides a disruptive data engine for medical data analysis to extract medical codes and insights from patient charts to create a longitudinal and real-time actionable data layer, enabling hospitals to improve patient care, efficiencies, and value-based care.

Brink Bionics

Seed Round in 2020
Brink Bionics Inc, founded in 2018 and based in Waterloo, Canada, specializes in developing advanced bionic technology aimed at enhancing user experiences in gaming. 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 improved hand dexterity. Additionally, Brink Bionics has created an impulse neurocontroller that integrates seamlessly with gaming setups, allowing users to enhance their gaming performance without the need for replacing existing hardware. This innovative technology not only facilitates communication between users and their devices but also aims to improve reaction times and overall engagement in gaming activities.
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