Innovacorp

Innovacorp is an early-stage venture capital firm based in Halifax, Canada, dedicated to supporting knowledge-based startups in Nova Scotia. Established in 1995, Innovacorp focuses on helping entrepreneurs commercialize their technologies for the global market. The firm combines venture capital investment with business mentoring and offers incubation facilities to foster the growth of early-stage companies. Through its comprehensive approach, Innovacorp aims to enhance the entrepreneurial ecosystem in the region.

Robert Burns

Venture Capital Investment Manager

Andrew Ray

Managing Director

Jon Saari

Founding Member and Investment Manager

Past deals in Canada

Oneka Technologies

Seed Round in 2021
Oneka Technologies Inc. is a Canadian company specializing in the manufacture of wave-powered desalination systems that convert ocean water into potable water. Founded in 2015 and headquartered in Sherbrooke, Canada, with a testing site in Port St. Lucie, Florida, Oneka addresses the challenges of traditional desalination, which is often costly, inefficient, and environmentally harmful. By harnessing wave energy, Oneka's technology offers a sustainable and affordable solution to water scarcity, producing fresh water with zero greenhouse gas emissions and minimal land use. This innovative approach significantly reduces water costs—by up to 75%—for coastal communities and private islands, while delivering a low-maintenance and eco-friendly alternative in the growing desalination market.

Symbi Medical

Grant in 2021
Symbi Medical is a digital health company that focuses on enhancing patient management through its procedural care navigation platform. Serving clients across Canada and the United States, the platform is designed to assist patients both before and after medical procedures. It is fully compliant with PHIPA and HIPAA regulations, ensuring the protection of patient data, and integrates seamlessly with electronic medical record (EMR) systems. This allows Symbi to facilitate thousands of patient interactions and provide personalized care journeys at scale. The company’s team includes medical advisors from reputable institutions such as the University of Michigan, St. Michael's Hospital, and Nova Scotia Health. In March 2021, Symbi Medical was acquired by Blue Charm Adherence.

Oneka Technologies

Grant in 2021
Oneka Technologies Inc. is a Canadian company specializing in the manufacture of wave-powered desalination systems that convert ocean water into potable water. Founded in 2015 and headquartered in Sherbrooke, Canada, with a testing site in Port St. Lucie, Florida, Oneka addresses the challenges of traditional desalination, which is often costly, inefficient, and environmentally harmful. By harnessing wave energy, Oneka's technology offers a sustainable and affordable solution to water scarcity, producing fresh water with zero greenhouse gas emissions and minimal land use. This innovative approach significantly reduces water costs—by up to 75%—for coastal communities and private islands, while delivering a low-maintenance and eco-friendly alternative in the growing desalination market.

3D BioFibR

Seed Round in 2020
3D BioFibR Inc. is a biomaterial manufacturing company based in Halifax, Canada, founded in July 2020. The company specializes in producing high-value biofibers such as spider silk, collagen, and chitosan, which have diverse applications in biomedical engineering, green textiles, defense, and aerospace. Utilizing innovative dry-spinning and wet-spinning processes, 3D BioFibR creates fibers that replicate the biomechanical and biochemical properties of natural materials. Notably, its collagen fibers, branded as CollaFibR™, are reported to be stronger than natural tendons, while its spider silk is claimed to be tougher than steel and significantly more flexible. The company aims to address critical engineering challenges by providing commercially viable products for 3D bioprinting, cell culture, and tissue engineering. Through its pioneering research and proprietary production methods, 3D BioFibR seeks to become a leader in the sustainable manufacturing of advanced biofibers.

Symbi Medical

Grant in 2020
Symbi Medical is a digital health company that focuses on enhancing patient management through its procedural care navigation platform. Serving clients across Canada and the United States, the platform is designed to assist patients both before and after medical procedures. It is fully compliant with PHIPA and HIPAA regulations, ensuring the protection of patient data, and integrates seamlessly with electronic medical record (EMR) systems. This allows Symbi to facilitate thousands of patient interactions and provide personalized care journeys at scale. The company’s team includes medical advisors from reputable institutions such as the University of Michigan, St. Michael's Hospital, and Nova Scotia Health. In March 2021, Symbi Medical was acquired by Blue Charm Adherence.

FoodByte

Venture Round in 2020
FoodByte Inc. is a software company based in Wolfville, Canada, established in 2017. It specializes in developing tools that assist food processors in generating and managing food safety plans. Its key products include Traceability+, which facilitates product recalls, lot code tracking, and inventory management, and Standards+, which helps food processors and consultants create and oversee work plans. The platform aims to automate food safety processes for small teams, eliminating the reliance on paper-based documentation and enabling users to upload standard operating procedures, including HACCP plans. By linking these procedures to relevant monitoring forms, FoodByte allows food manufacturers to prioritize production and growth while ensuring compliance with safety and regulatory standards.

ReelData AI

Pre Seed Round in 2019
ReelData AI specializes in developing artificial intelligence software tailored for the aquaculture industry. Based in Halifax, Canada, the company offers advanced monitoring solutions for fish farms, utilizing feed cameras to measure key metrics such as biomass, sea lice presence, and overall fish health in real-time. This technology enables fish farms to optimize their operations by providing crucial insights into weight distributions, feeding patterns, and growth analysis. By improving the efficiency of feed usage and enhancing fish health, ReelData AI aims to support aquaculture businesses in maximizing their productivity and sustainability. The company was established in 2019.

My Intelligent Machines

Seed Round in 2019
My Intelligent Machines (MIMs) is a Montreal-based company specializing in artificial intelligence and systems biology. It offers biopharmaceutical companies interactive augmented intelligence systems that facilitate accurate biological simulations during the early stages of drug development. These systems assist life scientists in creating precisely targeted and personalized therapies. MIMs also develops software designed for efficient and personalized medicine and agricultural systems, packaged as a software-as-a-service solution. Its offerings support patient stratification and the selection of therapeutic targets and biomarkers, which are essential for advancing personalized therapies. The company emphasizes open and explainable AI and data integration, enabling life-science organizations to leverage their big data and artificial intelligence capabilities to enhance food and drug production.

Salient Energy

Seed Round in 2019
Salient Energy is focused on the commercialization of a novel zinc-ion battery developed from research at the University of Waterloo. This innovative battery technology is designed for electricity storage in the grid, offering a safer and more sustainable alternative to conventional lithium-ion batteries. Salient Energy's proprietary cathode materials uniquely incorporate zinc into their crystal lattice, resulting in a relatively high energy density. This advancement allows for the use of traditional battery designs compatible with existing manufacturing processes, making it feasible to produce these batteries in current facilities worldwide. Consequently, Salient Energy's products provide a cost-effective, long-lasting solution for energy storage, catering to the needs of electric industry stakeholders.

Proteoform Scientific

Seed Round in 2019
Proteoform empowers researchers with new technology to simplify protein sample preparation in both top-down and bottom-up proteomics. The Company’s first commercialized product, the ProTrap XG, is a disposable two-stage cartridge that delivers fast, reproducible, and robust results with unmatched protein purity of 99.8%, recovery greater than 95%, and workflow simplicity. It was founded in 2018 and is headquartered in Halifax, Nova Scotia.

Coloursmith Labs

Seed Round in 2019
Coloursmith Labs Inc. is an optical filtering technology company based in Halifax, Canada, founded in 2018. The company specializes in developing advanced optical filters for contact lenses that enhance color saturation and assist individuals with color vision deficiencies. By integrating materials science with vision science, Coloursmith Labs aims to create innovative, tint-free products that provide protection against harmful light while improving visual experiences. The company serves the healthcare sector, focusing on enhancing the capabilities of human vision to improve the quality of life for its users.

Optina Diagnostics

Seed Round in 2019
Optina Diagnostics Inc. is a diagnostics company based in Montréal, Canada, founded in 2010. It specializes in the early detection of Alzheimer's disease through innovative hyperspectral imaging technology that examines the retina. By employing non-invasive diagnostic tests, Optina Diagnostics identifies key biomarkers, such as beta-amyloid plaques, which are crucial for assessing patients' health and disease risk. The company's advanced imaging systems also aid in the detection of age-related macular degeneration and ocular diabetic retinopathy, providing physicians with critical information that enables timely and appropriate patient care. Through its focus on retinal features and artificial intelligence, Optina Diagnostics aims to transform the assessment of brain health and address under-diagnosed diseases.

Saccade Analytics

Venture Round in 2019
Saccade Analytics Inc., founded in 2016 by Dr. Mimi Galiana, is a Montreal-based company that develops clinical tools for analyzing eye and head movement data to assess brain function. The company's flagship product, InSight, is designed to assist clinicians and therapists in diagnosing and monitoring conditions such as concussions, vestibular disorders, and other neurological issues. Dr. Galiana's extensive 30-year research background at McGill University in eye and head movement analysis laid the foundation for the company's innovative approach. Saccade Analytics aims to enhance the standard of neurological care by translating advanced research into practical, accessible tools for healthcare professionals.

Densitas

Venture Round in 2019
Densitas Inc. is a Canadian company that specializes in developing advanced breast imaging analytics technologies for healthcare systems and radiology departments. Founded in 2011, Densitas offers a web-based analytics platform known as densitasenterprise, which includes several components: densitasdensity for assessing breast tissue density according to the ACR BI-RADS scale, densitasquality for evaluating image quality, and densitasrisk for providing breast cancer risk assessments. These solutions leverage artificial intelligence to deliver on-demand insights that facilitate risk-based patient management, enabling healthcare administrators to monitor clinical and operational performance metrics. The platform is designed to integrate with existing workflows, utilizing standard DICOM images to support both point-of-care and retrospective analysis of mammograms. Densitas aims to enhance diagnostic accuracy and improve patient outcomes in breast cancer screening.

Spring Loaded

Venture Round in 2019
Spring Loaded Technology Inc. designs and manufactures innovative bionic knee braces aimed at enhancing mobility and reducing pain for various users. The company's flagship product, the Levitation knee brace, is the first compact device of its kind that improves leg muscle power output, making it beneficial for athletes and individuals with knee injuries or mobility impairments. The product line includes specialized models such as the UpShot tactical knee brace, designed to prevent injuries during intense activities, and the Levitation Ski knee brace, which helps reduce muscle fatigue and joint pain for skiers. These braces cater to a wide range of activities, including weight lifting, running, cycling, and various skilled trades, supporting those with conditions like osteoarthritis and knee injuries. Established in 2012 in Dartmouth, Canada, Spring Loaded sells its products online, focusing on enhancing performance and restoring mobility for its users.

Thorasys

Venture Round in 2019
Thorasys Thoracic Medical Systems Inc. is a Montreal-based company specializing in respiratory medical devices. The company focuses on developing innovative pulmonary diagnostic technologies aimed at diagnosing and monitoring lung diseases, including asthma and chronic obstructive pulmonary disease. Utilizing a forced oscillation technique, Thorasys provides equipment that enables healthcare professionals to measure lung capacity across diverse patient populations. This technology facilitates early detection of lung diseases, enhancing the ability to monitor respiratory health effectively.

Spinologics

Venture Round in 2019
Spinologics Inc, founded in 2010 and headquartered in Montréal, Canada, specializes in the development and manufacturing of innovative spinal care products. The company offers a range of devices, including Scolioscreen, which enables the use of smartphones to screen for spinal deformities, and the Scolioscreen APP, designed to measure trunk rotation angles. Additionally, Spinologics produces Cervision, a tool that helps maintain patients' shoulders and arms during procedures, ultimately reducing surgery time and providing x-rays of the cervical spine. The company also operates a Biomechanics Numerical Lab, which focuses on the design of medical devices and provides consulting services in biomechanics. Spinologics aims to address unmet clinical needs by leveraging its expertise in spine-related technologies to enhance surgical techniques and improve patient outcomes.

My01

Seed Round in 2019
MY01 Inc. is a Montreal-based company that designs and develops a digital medical device specifically for measuring muscle pressure, which is critical for diagnosing Acute Compartment Syndrome (ACS). Founded in 2015, MY01 focuses on providing real-time and accurate measurements that enable timely clinical decisions. The company's sensor technology utilizes capacitive pressure sensors featuring a stable vacuum reference and advanced coating materials, ensuring tailored sensing capabilities. This innovative approach enhances the sensitivity and specificity of ACS diagnostics, equipping medical professionals with essential tools for effective patient care.

Trip Ninja

Seed Round in 2019
Trip Ninja Inc. is a travel management platform based in Halifax, Canada, that specializes in optimizing multi-destination trip planning. Founded in 2015, the company offers a user-friendly application that allows travelers to search for and compare various trip routes, focusing on minimizing costs while maximizing convenience. Trip Ninja serves both consumers directly through its website and businesses via an API, making it a versatile tool for travel agencies. By employing a sophisticated algorithm, the platform efficiently calculates and suggests optimal travel plans, empowering users to make informed decisions when booking their trips.

Invisible Agents

Grant in 2019
Invisible Agents, incorporated in 2018 and based in Halifax, Canada, provides tailored solutions for non-profits and churches to enhance their fundraising efforts. The company leverages machine learning and data analytics to bridge the gap between data collection and effective fundraising strategies. By simplifying the application of advanced technology, Invisible Agents enables organizations to utilize data-driven insights, improving their ability to raise funds. This innovative approach addresses the evolving challenges faced by non-profits, shifting the focus from budget constraints to the effective use of technology and expertise in fundraising initiatives.

ReelData AI

Seed Round in 2019
ReelData AI specializes in developing artificial intelligence software tailored for the aquaculture industry. Based in Halifax, Canada, the company offers advanced monitoring solutions for fish farms, utilizing feed cameras to measure key metrics such as biomass, sea lice presence, and overall fish health in real-time. This technology enables fish farms to optimize their operations by providing crucial insights into weight distributions, feeding patterns, and growth analysis. By improving the efficiency of feed usage and enhancing fish health, ReelData AI aims to support aquaculture businesses in maximizing their productivity and sustainability. The company was established in 2019.

Symbi Medical

Grant in 2019
Symbi Medical is a digital health company that focuses on enhancing patient management through its procedural care navigation platform. Serving clients across Canada and the United States, the platform is designed to assist patients both before and after medical procedures. It is fully compliant with PHIPA and HIPAA regulations, ensuring the protection of patient data, and integrates seamlessly with electronic medical record (EMR) systems. This allows Symbi to facilitate thousands of patient interactions and provide personalized care journeys at scale. The company’s team includes medical advisors from reputable institutions such as the University of Michigan, St. Michael's Hospital, and Nova Scotia Health. In March 2021, Symbi Medical was acquired by Blue Charm Adherence.

ReelData AI

Grant in 2019
ReelData AI specializes in developing artificial intelligence software tailored for the aquaculture industry. Based in Halifax, Canada, the company offers advanced monitoring solutions for fish farms, utilizing feed cameras to measure key metrics such as biomass, sea lice presence, and overall fish health in real-time. This technology enables fish farms to optimize their operations by providing crucial insights into weight distributions, feeding patterns, and growth analysis. By improving the efficiency of feed usage and enhancing fish health, ReelData AI aims to support aquaculture businesses in maximizing their productivity and sustainability. The company was established in 2019.

CarbonCure

Corporate Round in 2018
CarbonCure Technologies Inc. offers innovative technology that allows concrete producers to sequester waste carbon dioxide (CO2) into their products, effectively transforming it into a solid mineral during the concrete manufacturing process. By sourcing CO2 from industrial emitters, the company enables manufacturers to create greener and stronger concrete without compromising on quality or price. This retrofit technology not only enhances the performance characteristics of traditional concrete but also helps producers tap into the growing green building market. CarbonCure's solutions are designed to provide material, environmental, and production advantages while reducing the overall carbon footprint associated with concrete production. The company, incorporated in 2007 and headquartered in Dartmouth, Canada, also supports its clients with marketing and environmental reporting services to strengthen their competitive position in the industry.

Aqualitas

Venture Round in 2018
Aqualitas Inc. is a Canadian company specializing in the production and sale of medical cannabis products. Established in 2014 and located in Bedford, Nova Scotia, Aqualitas utilizes an innovative aquaponics growing platform that emphasizes the importance of water quality in its cultivation process. This method combines aquaculture and hydroponics to create a sustainable and efficient growing environment. The company is committed to delivering high-quality cannabis by adhering to rigorous testing standards, ensuring that its products are safe, pure, and consistent. Aqualitas is dedicated to advancing the science of cannabis cultivation while maintaining a strong focus on client satisfaction.

Aqualitas

Seed Round in 2018
Aqualitas Inc. is a Canadian company specializing in the production and sale of medical cannabis products. Established in 2014 and located in Bedford, Nova Scotia, Aqualitas utilizes an innovative aquaponics growing platform that emphasizes the importance of water quality in its cultivation process. This method combines aquaculture and hydroponics to create a sustainable and efficient growing environment. The company is committed to delivering high-quality cannabis by adhering to rigorous testing standards, ensuring that its products are safe, pure, and consistent. Aqualitas is dedicated to advancing the science of cannabis cultivation while maintaining a strong focus on client satisfaction.

Trip Ninja

Pre Seed Round in 2018
Trip Ninja Inc. is a travel management platform based in Halifax, Canada, that specializes in optimizing multi-destination trip planning. Founded in 2015, the company offers a user-friendly application that allows travelers to search for and compare various trip routes, focusing on minimizing costs while maximizing convenience. Trip Ninja serves both consumers directly through its website and businesses via an API, making it a versatile tool for travel agencies. By employing a sophisticated algorithm, the platform efficiently calculates and suggests optimal travel plans, empowering users to make informed decisions when booking their trips.

Harbr

Seed Round in 2018
Harbr Inc. is a Canadian company that specializes in developing artificial intelligence (AI) software tailored for the construction management sector. Founded in 2016 and based in Halifax, Nova Scotia, Harbr's software solutions aim to organize and manage project data effectively, ensuring that construction projects stay on schedule. The company offers a range of products, including a construction super schedule that features daily logs for user protection, tools for team connectivity on job sites, and enterprise solutions that link multiple job sites and teams together. Additionally, Harbr provides an embedded credit onboarding platform designed for lenders and credit bureaus, which simplifies the collection and transformation of unstructured business credit and payment data. This comprehensive approach streamlines the qualification process through document evaluation, data extraction, and decision insights, enhancing cost-effectiveness and scalability for businesses.

Appili Therapeutics

Seed Round in 2018
Appili Therapeutics Inc. is a biopharmaceutical company based in Halifax, Canada, focused on developing and commercializing innovative treatments for infectious diseases. Founded in 2015, the company addresses unmet medical needs by advancing a diverse portfolio of anti-infective therapies. This includes Favipiravir, aimed at treating pandemic influenza and COVID-19, as well as ATI-2307, an antifungal candidate in clinical trials for cryptococcal meningitis and invasive candidiasis. Additionally, Appili is developing ATI-1501, a taste-masked oral formulation of metronidazole, and ATI-1503, targeting gram-negative bacteria. The company also works on ATI-1701, a live-attenuated vaccine for Francisella tularensis, illustrating its commitment to improving patient outcomes in the face of serious infections.

Trip Ninja

Pre Seed Round in 2017
Trip Ninja Inc. is a travel management platform based in Halifax, Canada, that specializes in optimizing multi-destination trip planning. Founded in 2015, the company offers a user-friendly application that allows travelers to search for and compare various trip routes, focusing on minimizing costs while maximizing convenience. Trip Ninja serves both consumers directly through its website and businesses via an API, making it a versatile tool for travel agencies. By employing a sophisticated algorithm, the platform efficiently calculates and suggests optimal travel plans, empowering users to make informed decisions when booking their trips.

Appili Therapeutics

Seed Round in 2017
Appili Therapeutics Inc. is a biopharmaceutical company based in Halifax, Canada, focused on developing and commercializing innovative treatments for infectious diseases. Founded in 2015, the company addresses unmet medical needs by advancing a diverse portfolio of anti-infective therapies. This includes Favipiravir, aimed at treating pandemic influenza and COVID-19, as well as ATI-2307, an antifungal candidate in clinical trials for cryptococcal meningitis and invasive candidiasis. Additionally, Appili is developing ATI-1501, a taste-masked oral formulation of metronidazole, and ATI-1503, targeting gram-negative bacteria. The company also works on ATI-1701, a live-attenuated vaccine for Francisella tularensis, illustrating its commitment to improving patient outcomes in the face of serious infections.

Mimir Networks

Venture Round in 2017
Mimir Networks specializes in cybersecurity solutions aimed at helping businesses safeguard their critical networks and internet-facing applications from various forms of cyberattacks. The company offers a range of tools that enhance the capabilities of IT staff, enabling proactive network protection. Mimir has developed a pioneering Petabyte+ distributed network forensics platform that can be deployed across a campus or within a single data center. Their services cater to a diverse clientele, including large enterprises, Internet Service Providers, data centers, and small to medium-sized businesses. Mimir’s offerings include Software as a Service (SaaS), Infrastructure as a Service (IaaS), and on-premise appliances. Founded by experienced network security professionals in Canada, Mimir Networks is an early-stage technology company with a growing presence in both the U.S. and Canada.

Neothermal Energy Storage

Pre Seed Round in 2017
Neothermal Energy Storage Inc., based in Bridgewater, Canada, specializes in manufacturing electric thermal storage heaters aimed at enhancing the efficiency and sustainability of home heating systems. Founded in 2015, the company provides innovative solutions that allow homeowners to transition from oil-based heating to off-peak electricity. Its products, which integrate with existing boilers and furnaces, utilize chemical heat storage cells to improve performance and reduce carbon emissions. By offering these add-on devices through certified electricians and HVAC contractors, Neothermal Energy Storage helps homeowners lower their carbon footprint while maintaining effective indoor heating.

Appili Therapeutics

Seed Round in 2016
Appili Therapeutics Inc. is a biopharmaceutical company based in Halifax, Canada, focused on developing and commercializing innovative treatments for infectious diseases. Founded in 2015, the company addresses unmet medical needs by advancing a diverse portfolio of anti-infective therapies. This includes Favipiravir, aimed at treating pandemic influenza and COVID-19, as well as ATI-2307, an antifungal candidate in clinical trials for cryptococcal meningitis and invasive candidiasis. Additionally, Appili is developing ATI-1501, a taste-masked oral formulation of metronidazole, and ATI-1503, targeting gram-negative bacteria. The company also works on ATI-1701, a live-attenuated vaccine for Francisella tularensis, illustrating its commitment to improving patient outcomes in the face of serious infections.

Densitas

Debt Financing in 2016
Densitas Inc. is a Canadian company that specializes in developing advanced breast imaging analytics technologies for healthcare systems and radiology departments. Founded in 2011, Densitas offers a web-based analytics platform known as densitasenterprise, which includes several components: densitasdensity for assessing breast tissue density according to the ACR BI-RADS scale, densitasquality for evaluating image quality, and densitasrisk for providing breast cancer risk assessments. These solutions leverage artificial intelligence to deliver on-demand insights that facilitate risk-based patient management, enabling healthcare administrators to monitor clinical and operational performance metrics. The platform is designed to integrate with existing workflows, utilizing standard DICOM images to support both point-of-care and retrospective analysis of mammograms. Densitas aims to enhance diagnostic accuracy and improve patient outcomes in breast cancer screening.

Densitas

Seed Round in 2016
Densitas Inc. is a Canadian company that specializes in developing advanced breast imaging analytics technologies for healthcare systems and radiology departments. Founded in 2011, Densitas offers a web-based analytics platform known as densitasenterprise, which includes several components: densitasdensity for assessing breast tissue density according to the ACR BI-RADS scale, densitasquality for evaluating image quality, and densitasrisk for providing breast cancer risk assessments. These solutions leverage artificial intelligence to deliver on-demand insights that facilitate risk-based patient management, enabling healthcare administrators to monitor clinical and operational performance metrics. The platform is designed to integrate with existing workflows, utilizing standard DICOM images to support both point-of-care and retrospective analysis of mammograms. Densitas aims to enhance diagnostic accuracy and improve patient outcomes in breast cancer screening.

PhotoDynamic

Seed Round in 2016
PhotoDynamic, Inc. is a biotech company based in Halifax, Canada, founded in 2012. The company focuses on developing and manufacturing light-activated natural products aimed at dental health. Its primary offering includes a botanical foam combined with a medical device that utilizes natural extracts from a wild Nova Scotia plant to effectively remove dental plaque and combat harmful pathogens. The technology is designed to address significant market needs in both over-the-counter and pharmaceutical sectors, providing solutions that help reduce gum inflammation and plaque accumulation, particularly around braces and the gum line.

Appili Therapeutics

Seed Round in 2016
Appili Therapeutics Inc. is a biopharmaceutical company based in Halifax, Canada, focused on developing and commercializing innovative treatments for infectious diseases. Founded in 2015, the company addresses unmet medical needs by advancing a diverse portfolio of anti-infective therapies. This includes Favipiravir, aimed at treating pandemic influenza and COVID-19, as well as ATI-2307, an antifungal candidate in clinical trials for cryptococcal meningitis and invasive candidiasis. Additionally, Appili is developing ATI-1501, a taste-masked oral formulation of metronidazole, and ATI-1503, targeting gram-negative bacteria. The company also works on ATI-1701, a live-attenuated vaccine for Francisella tularensis, illustrating its commitment to improving patient outcomes in the face of serious infections.

Island Water Technologies

Seed Round in 2016
Island Water Technologies Inc. is a Canadian company based in Montague that specializes in self-powered wastewater treatment solutions for both domestic and industrial applications. Founded in 2013, the company offers modular, solar-powered systems designed to efficiently manage wastewater. In addition to its treatment technologies, Island Water Technologies provides monitoring solutions for wastewater systems, enhanced septic systems, and engineering services for on-site wastewater management. The company is committed to developing next-generation technologies in wastewater treatment sensing and control, utilizing two proprietary technologies for improved efficiency and effectiveness in the sector.

Swarmio Media

Seed Round in 2016
Swarmio Media Group Inc., established in 2014 and headquartered in Whitby, Canada, specializes in providing technological solutions for the gaming and real-time application industries. The company's core product, Swarmio Hive, is a cloud-based computing grid platform that leverages artificial intelligence and swarm intelligence algorithms to drastically reduce latency, ensuring a seamless gaming experience. Swarmio Media serves clients in North America, Europe, Asia, and Oceania, partnering with telecom operators and supporting a wide range of gaming and enterprise applications.

aioTV

Venture Round in 2016
aioTV Inc. specializes in providing a cloud-based video platform that caters to telcos, cable, satellite, and wireless service providers globally. Established in 2010, the company focuses on integrating various sources of live and on-demand video content, enabling service providers to offer comprehensive viewing experiences. aioTV's suite of products, including PassBox, aioCloud, and aioPro, supports the curation and management of video assets, helping operators and media companies enhance their content offerings. The platform also features tools such as the Metadata Manager, Composer, and Personalization Engine, which utilize artificial intelligence to deliver tailored video experiences for consumers. With a commitment to innovation, aioTV has secured several patents related to the packaging and distribution of multiple video content sources. The company is headquartered in Denver, Colorado, with additional facilities in Halifax, Canada.

Swept

Seed Round in 2016
Swept is a technology company founded in August 2014 by Matt Cooper and Michael Brown, based in Nova Scotia. It specializes in developing software solutions tailored for the janitorial industry. The company's operational cleaning management platform is designed to help commercial cleaning businesses manage their operations more effectively. This platform facilitates communication between cleaning companies, their employees, and customers, while also enabling real-time inspections and supply ordering. By streamlining these processes, Swept aims to enhance profitability and improve customer retention for its clients in the cleaning sector.

Densitas

Seed Round in 2015
Densitas Inc. is a Canadian company that specializes in developing advanced breast imaging analytics technologies for healthcare systems and radiology departments. Founded in 2011, Densitas offers a web-based analytics platform known as densitasenterprise, which includes several components: densitasdensity for assessing breast tissue density according to the ACR BI-RADS scale, densitasquality for evaluating image quality, and densitasrisk for providing breast cancer risk assessments. These solutions leverage artificial intelligence to deliver on-demand insights that facilitate risk-based patient management, enabling healthcare administrators to monitor clinical and operational performance metrics. The platform is designed to integrate with existing workflows, utilizing standard DICOM images to support both point-of-care and retrospective analysis of mammograms. Densitas aims to enhance diagnostic accuracy and improve patient outcomes in breast cancer screening.

LeadSift

Venture Round in 2015
LeadSift Inc. is a company that specializes in intent data mining, utilizing publicly available information to identify relevant actions taken by individuals across various social media platforms, including Twitter, Facebook, and LinkedIn. Founded in 2012 and based in Halifax, Canada, LeadSift's platform employs proprietary artificial intelligence and data mining technologies to convert social media chatter into actionable insights for B2B marketers. By analyzing millions of data points, the company offers sales intelligence that helps businesses craft targeted messaging and improve customer engagement. LeadSift collaborates with rapidly growing B2B software companies, enabling them to drive tangible results and create new business opportunities through effective outreach and follow-up strategies.

Cellufuel

Venture Round in 2014
CelluFuel Inc. specializes in producing synthetic renewable fuels derived from forestry resources. Established in 2008 and headquartered in Halifax, Canada, the company is dedicated to advancing the commercialization of renewable liquid fuels across North America. It focuses on the development and deployment of innovative technology that converts woody biomass into renewable diesel fuel. By operating a synthetic renewable fuel refinery, CelluFuel aims to provide sustainable energy solutions that deliver both economic and environmental benefits.

The Rounds

Seed Round in 2014
The Rounds is a healthcare technology company focused on enhancing communication among physicians in Canada and beyond. The platform offers a secure and convenient environment for physicians to connect and collaborate on clinical cases, facilitating real-time consultations and second opinions. Designed to improve healthcare outcomes, The Rounds enables medical professionals to access communities of practice, learning opportunities, and curated information tailored to their clinical interests. With a commitment to privacy, the platform complies with both PIPEDA and HIPAA regulations, and it supports tens of thousands of physician collaborations each month. By fostering a social approach to healthcare, The Rounds is transforming how physicians engage with one another, ultimately aiming to provide better patient care.

Spring Loaded

Grant in 2014
Spring Loaded Technology Inc. designs and manufactures innovative bionic knee braces aimed at enhancing mobility and reducing pain for various users. The company's flagship product, the Levitation knee brace, is the first compact device of its kind that improves leg muscle power output, making it beneficial for athletes and individuals with knee injuries or mobility impairments. The product line includes specialized models such as the UpShot tactical knee brace, designed to prevent injuries during intense activities, and the Levitation Ski knee brace, which helps reduce muscle fatigue and joint pain for skiers. These braces cater to a wide range of activities, including weight lifting, running, cycling, and various skilled trades, supporting those with conditions like osteoarthritis and knee injuries. Established in 2012 in Dartmouth, Canada, Spring Loaded sells its products online, focusing on enhancing performance and restoring mobility for its users.

CarbonCure

Series B in 2013
CarbonCure Technologies Inc. offers innovative technology that allows concrete producers to sequester waste carbon dioxide (CO2) into their products, effectively transforming it into a solid mineral during the concrete manufacturing process. By sourcing CO2 from industrial emitters, the company enables manufacturers to create greener and stronger concrete without compromising on quality or price. This retrofit technology not only enhances the performance characteristics of traditional concrete but also helps producers tap into the growing green building market. CarbonCure's solutions are designed to provide material, environmental, and production advantages while reducing the overall carbon footprint associated with concrete production. The company, incorporated in 2007 and headquartered in Dartmouth, Canada, also supports its clients with marketing and environmental reporting services to strengthen their competitive position in the industry.

DeCell Technologies

Seed Round in 2013
DeCell Technologies Inc. is an emerging biomedical device manufacturer that is developing advanced tissue products for use in wound healing and surgical reconstructions. DeCell Technologies’ main facilities are located in Halifax, Nova Scotia, Canada.

Performance Genomics

Seed Round in 2013
Performance Genomics Inc. is a genomics-based research company based in Truro, Canada, focusing on developing genetic products for agricultural species and humans, particularly in the areas of fertility and reproductive longevity. Since its establishment in 1999, the company has utilized a unique Mouse Model System to identify genes that influence fertility and reproductive lifespan in mammals. Its research includes whole genome scans and the creation of DNA markers for enhancing reproductive longevity in livestock, such as swine and dairy cows. Performance Genomics has developed predictive algorithms, known as Genome Apps, to assist in livestock breeding and evaluate human reproductive health. The company is currently securing financing to refine its analysis using advanced DNA sequencing technologies and collaborates with industry partners to validate applications of its findings. Its business model involves licensing applications for livestock breeding and animal health, while also exploring long-term partnerships for human and consumer genomics applications. Collaborations with research institutions, such as Genome Quebec and Dalhousie University, further bolster its research capabilities.

Karma Gaming

Series A in 2013
Karma Gaming, based in Halifax, Nova Scotia, specializes in developing video games for regulated lotteries. With over 30 years of combined gaming industry experience, the company creates an online gaming platform that offers customers the chance to win cash prizes. By integrating casual and social game mechanics, Karma Gaming appeals to a broad audience while providing an engaging way to participate in lottery games. Their expertise in the gaming sector ensures a deep understanding of both player preferences and regulatory requirements in the lottery space.

LeadSift

Seed Round in 2012
LeadSift Inc. is a company that specializes in intent data mining, utilizing publicly available information to identify relevant actions taken by individuals across various social media platforms, including Twitter, Facebook, and LinkedIn. Founded in 2012 and based in Halifax, Canada, LeadSift's platform employs proprietary artificial intelligence and data mining technologies to convert social media chatter into actionable insights for B2B marketers. By analyzing millions of data points, the company offers sales intelligence that helps businesses craft targeted messaging and improve customer engagement. LeadSift collaborates with rapidly growing B2B software companies, enabling them to drive tangible results and create new business opportunities through effective outreach and follow-up strategies.

TitanFile

Seed Round in 2012
TitanFile Inc. is a Canadian company that specializes in a cloud-based enterprise file sharing solution designed for professionals to securely exchange files of various types, including documents and presentations. Founded in 2011, TitanFile's platform enhances productivity by automatically organizing communications and documents around clients, groups, or projects, thereby reducing filing overhead. Key features include email integration, group communication, audit logs, mobile access, a client portal, data residency options, enterprise integration, and user management solutions. The company also offers customized on-premise solutions to meet specific client needs. TitanFile serves a diverse range of industries, including accounting, government, healthcare, higher education, human resources, legal, and manufacturing. Its headquarters is located in Waterloo, Canada, with additional offices in Toronto and Kitchener.

Equals6

Seed Round in 2012
Equals6 Inc. operates Equals6, an online academic and career development networking community designed for students to connect with peers and access essential resources for achieving their goals. The platform facilitates collaboration among students by allowing them to share ideas, showcase their academic and career talents, and connect with others based on school, location, or shared interests. Additionally, Equals6 partners with companies and educational institutions to help identify and recruit top student talent. The platform offers tools for employers to post job opportunities, offer scholarships, and provide guidance to students, while students can stay informed about organizational news and opportunities. Equals6 also features networking groups for discussions and collaborative work, enabling users to engage in meaningful exchanges and brainstorm on various topics. Based in Halifax, Canada, Equals6 aims to bridge the gap between academic and professional spheres for students, educators, and organizations.

DeNovaMed

Seed Round in 2012
DeNovaMed Inc. is an early-stage pharmaceutical company based in Halifax, Canada, focused on developing novel antibiotics to combat infections caused by drug-resistant bacteria, commonly referred to as superbugs. Founded in 2006, the company leverages its expertise in drug discovery, microbiology, and bacterial lipid metabolism to create innovative therapeutic approaches. DeNovaMed aims to enhance the effectiveness of existing antibiotics, particularly for treating skin, wound, and systemic infections, thereby providing healthcare providers with improved treatment options against challenging bacterial infections.

CarbonCure

Series A in 2012
CarbonCure Technologies Inc. offers innovative technology that allows concrete producers to sequester waste carbon dioxide (CO2) into their products, effectively transforming it into a solid mineral during the concrete manufacturing process. By sourcing CO2 from industrial emitters, the company enables manufacturers to create greener and stronger concrete without compromising on quality or price. This retrofit technology not only enhances the performance characteristics of traditional concrete but also helps producers tap into the growing green building market. CarbonCure's solutions are designed to provide material, environmental, and production advantages while reducing the overall carbon footprint associated with concrete production. The company, incorporated in 2007 and headquartered in Dartmouth, Canada, also supports its clients with marketing and environmental reporting services to strengthen their competitive position in the industry.

aioTV

Series A in 2011
aioTV Inc. specializes in providing a cloud-based video platform that caters to telcos, cable, satellite, and wireless service providers globally. Established in 2010, the company focuses on integrating various sources of live and on-demand video content, enabling service providers to offer comprehensive viewing experiences. aioTV's suite of products, including PassBox, aioCloud, and aioPro, supports the curation and management of video assets, helping operators and media companies enhance their content offerings. The platform also features tools such as the Metadata Manager, Composer, and Personalization Engine, which utilize artificial intelligence to deliver tailored video experiences for consumers. With a commitment to innovation, aioTV has secured several patents related to the packaging and distribution of multiple video content sources. The company is headquartered in Denver, Colorado, with additional facilities in Halifax, Canada.

TitanFile

Seed Round in 2011
TitanFile Inc. is a Canadian company that specializes in a cloud-based enterprise file sharing solution designed for professionals to securely exchange files of various types, including documents and presentations. Founded in 2011, TitanFile's platform enhances productivity by automatically organizing communications and documents around clients, groups, or projects, thereby reducing filing overhead. Key features include email integration, group communication, audit logs, mobile access, a client portal, data residency options, enterprise integration, and user management solutions. The company also offers customized on-premise solutions to meet specific client needs. TitanFile serves a diverse range of industries, including accounting, government, healthcare, higher education, human resources, legal, and manufacturing. Its headquarters is located in Waterloo, Canada, with additional offices in Toronto and Kitchener.

Kivuto Solutions

Venture Round in 2009
Kivuto Solutions Inc. is a provider of digital distribution and management solutions focused on the academic sector. Established in 1997 and based in Ottawa, Canada, the company offers a range of services including electronic license management and cloud-based solutions for the secure delivery of digital resources such as software and eTexts. Kivuto facilitates the management, distribution, and tracking of licensed software, enabling seamless account management, secure e-commerce, and reporting. The company's services are utilized by over 60,000 academic institutions and organizations worldwide, helping to deliver digital products to millions of users in more than 195 countries. Kivuto's solutions support students, faculty, and staff while also serving software publishers and online retailers, ensuring efficient and secure access to educational resources.

DGI Clinical

Seed Round in 2001
DGI Clinical Inc. specializes in providing clinical metric solutions that highlight the efficacy of dementia treatments for pharmaceutical and biotech companies, as well as regulatory and reimbursement agencies in Canada and abroad. The company offers an interactive tool called SymptomGuide, which enables users to track and manage dementia symptoms over time, generating personalized reports that can be shared with healthcare providers and family members. Founded in 2000 and based in Halifax, Nova Scotia, DGI Clinical aims to support the development, testing, and marketing of dementia products through its innovative health management technologies. The company also offers training programs and ongoing support to enhance the implementation of its solutions. By focusing on clinically meaningful outcomes, DGI Clinical plays a critical role in improving care for patients with dementia, assisting healthcare professionals in making informed diagnostic and treatment decisions.

Kivuto Solutions

Venture Round in 2001
Kivuto Solutions Inc. is a provider of digital distribution and management solutions focused on the academic sector. Established in 1997 and based in Ottawa, Canada, the company offers a range of services including electronic license management and cloud-based solutions for the secure delivery of digital resources such as software and eTexts. Kivuto facilitates the management, distribution, and tracking of licensed software, enabling seamless account management, secure e-commerce, and reporting. The company's services are utilized by over 60,000 academic institutions and organizations worldwide, helping to deliver digital products to millions of users in more than 195 countries. Kivuto's solutions support students, faculty, and staff while also serving software publishers and online retailers, ensuring efficient and secure access to educational resources.
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