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.

Michael Dennis

Investment Manager

Andrew Gannon

Investment Associate

Dawn House

Vice President, Client Engagement & Communications

Lidija Marusic

Investment Manager

Ben McDade

Investment Associate

Andrew Ray

Vice President, Investment

Jon Saari

Investment Manager

Past deals in Canada

Planetary

Pre Seed Round in 2022
Planetary Hydrogen Inc. produces pure hydrogen from renewable electricity. The company produces hydrogen through Planetary Hydrogen Ocean Air Capture (OAC) technology and SeaOH2 process, which converts renewable electricity and mineral salt into hydrogen and carbon dioxide. It also provides carbon dioxide storage services. The company was incorporated in 2019 and is headquartered in Gatineau, Canada.

Freshr Technologies

Venture Round in 2022
Impactful Health Research and Development Inc. designs and develops compostable packaging solutions to prolong the shelf life of fresh fish. The company’s product is used to reduce organic waste; capture more value from fresh fish for retailers, exporters, and processors; and reduce plastic waste, reliance on petrochemicals, and greenhouse gas emissions. The company was incorporated in 2017 and is based in Montréal, Canada.

Proposify

Venture Round in 2021
Proposify is a software as a service (SaaS) platform designed to streamline the proposal creation process for businesses. By providing a user-friendly interface and customizable templates, Proposify enables sales teams to quickly produce professional proposals that enhance their chances of closing deals. The platform allows for the storage of approved content in one location, significantly reducing the time required to assemble proposals. With features such as Salesforce integration, interactive pricing, and client viewing metrics, Proposify enhances the buyer's experience and facilitates real-time tracking of proposal engagement. Additionally, it includes a legally binding electronic signature tool to expedite sign-offs, allowing sales representatives to focus more on selling rather than manual tasks. Proposify also offers customizable roles and permissions, ensuring that brand control is maintained throughout the proposal process while supporting collaboration across sales and marketing teams. Overall, Proposify aims to improve efficiency, reduce costs, and increase profitability for service providers and sales professionals.

Renderator

Pre Seed Round in 2021
Renderator is a real estate platform designed to assist developers in marketing and pre-selling new developments while collecting actionable data. It offers a sophisticated virtual tour platform that allows users to explore properties that have not yet been built, enhancing awareness and generating leads through its On-tour Inquiry System. The platform includes SuitesFlow, which digitalizes both existing and future buildings, providing an interactive overview of multiple properties and enabling users to access crucial information on available units in one location. Renderator’s tools also feature virtually staged model suites for outdated apartment buildings and interactive street views for proposed developments, transforming floor plans into an engaging web application. This comprehensive approach helps real estate developers better understand their market and increase their brand value.

QRA Corp

Seed Round in 2021
QRA develops advanced enterprise software tools for the early-stage validation and verification of engineered systems.

Audioptics Medical

Seed Round in 2021
Audioptics Medical is a product development and medical imaging technology company. Audioptics Medical aims to advance the state of hearing diagnostics, providing diagnostic precision and certainty to the otolaryngological community.

Symbi Medical

Grant in 2021
Developer of a healthcare platform intended to assist patients before and after medical procedures. The company uses a HIPAA-compliant patient management platform to support thousands of patient interactions and deliver personalized care journeys at scale, helping organizations improve clinical decision-making to better manage risk, intervene effectively, and improve health outcomes across their patient population.

Reazent

Seed Round in 2021
Reazent is an agricultural technology company that develops safe and natural products for agricultural applications. Reazent is on a mission to replace synthetic agrochemicals with more economically viable, sustainable, and safer solutions.

Granville Biomedical

Pre Seed Round in 2020
Granville Biomedical is a health tech company, specializing in the design of anatomical models to enhance health care training, advance patient education, and innovate device demonstration. Through extensive research and development involving mechanical, simulation, and biological testing, Granville Biomedical has designed a novel, biocompatible Nasopharyngeal (NP) swab for nasal specimen collection.

Smooth Meal Prep

Pre Seed Round in 2020
Smooth Meal Prep is a food delivery platform that specializes in providing healthy, fitness-focused meals directly to customers' doors in Halifax. The service allows users to choose meal plans tailored to their individual fitness goals and lifestyle preferences. By offering freshly cooked meal kits, Smooth Meal Prep ensures that customers can enjoy convenient, nutritious meals that can be easily reheated and consumed at their convenience. The company aims to support individuals in achieving their fitness objectives and maintaining a healthy lifestyle through its thoughtfully curated meal options.

MICC Financial

Pre Seed Round in 2020
MICC Financial is a platform that helps groups of people save money, access capital, and build credit. MICC allows you to set up your group objectives and meet your targets together.

Plasma Agricultural Solutions

Grant in 2020
Plasma Agricultural Solutions develops treatments that improve seed health and quality.

3D BioFibR

Seed Round in 2020
3D BioFibR Inc. engages in biomaterial manufacturing services that produces biofibers such as spider silk, collagen, and chitosan. It provides services to global markets, which includes biomedical engineering, green textiles, defense, and aerospace engineering. It offers products for 3D tissue cultures and collagen tendons for biomedical research. The company was founded in 20202 and is based in Halifax, Canada.

Marecomms

Grant in 2020
Marecomms is a developer of underwater acoustic communications systems enabling wireless communications over long distances.

myFlock

Grant in 2020
myFlock make the working lifestyle on and around todays poultry farm easier and more efficient, while simultaneously reducing the cost to produce their goods.

Garden manager

Grant in 2020
Garden manager is software to help grow food in urban environments and on small-scale farms.

Design by Science

Grant in 2020
Design by Science is sustainable materials and machines for the 3D printing of large objects and structures.

Mabel Systems

Grant in 2020
Tracker Inventory Systems provides the most user-friendly inventory systems for primary processing facilities to reduce their operating costs and to provide production visibility for management and sales. Our key differentiator is we use computer vision technology to automate data entry which is a manual and error-prone process.

Symbi Medical

Grant in 2020
Developer of a healthcare platform intended to assist patients before and after medical procedures. The company uses a HIPAA-compliant patient management platform to support thousands of patient interactions and deliver personalized care journeys at scale, helping organizations improve clinical decision-making to better manage risk, intervene effectively, and improve health outcomes across their patient population.

Prospre Nutrition

Grant in 2020
Prospre Nutrition is a nutrition app with the goal of making nutrition-focused meal planning easy.

KorrAI

Pre Seed Round in 2020
Korrai Technologies Ltd. is a digital technology company based in Delta, Canada, founded in 2020. It specializes in developing artificial intelligence software tailored for the natural resources and environmental sectors. The company's software interprets air and lidar imagery to provide contextual insights, enabling precision mapping for applications in mining and environmental monitoring. Its AI tools generate pre-trained footprint features and learner solutions, facilitating assessments in various areas such as quarries, mines, waterbodies, forestry, and infrastructure. Korrai's platform also offers satellite-based ground motion monitoring, allowing clients to detect minute changes in the earth's surface and create accurate risk maps. This technology aids businesses in making informed decisions regarding environmental impacts and resource management, addressing challenges related to climate change and land use.

Proposify

Venture Round in 2020
Proposify is a software as a service (SaaS) platform designed to streamline the proposal creation process for businesses. By providing a user-friendly interface and customizable templates, Proposify enables sales teams to quickly produce professional proposals that enhance their chances of closing deals. The platform allows for the storage of approved content in one location, significantly reducing the time required to assemble proposals. With features such as Salesforce integration, interactive pricing, and client viewing metrics, Proposify enhances the buyer's experience and facilitates real-time tracking of proposal engagement. Additionally, it includes a legally binding electronic signature tool to expedite sign-offs, allowing sales representatives to focus more on selling rather than manual tasks. Proposify also offers customizable roles and permissions, ensuring that brand control is maintained throughout the proposal process while supporting collaboration across sales and marketing teams. Overall, Proposify aims to improve efficiency, reduce costs, and increase profitability for service providers and sales professionals.

Kute Lab

Grant in 2020
Kute Lab is creating a two-sided platform; one side offers a mobile application to users that simplifies cosmetics ingredients (A chemist in your pocket) and on the other side provides market assessment to beauty manufactures.

KorrAI

Pre Seed Round in 2020
Korrai Technologies Ltd. is a digital technology company based in Delta, Canada, founded in 2020. It specializes in developing artificial intelligence software tailored for the natural resources and environmental sectors. The company's software interprets air and lidar imagery to provide contextual insights, enabling precision mapping for applications in mining and environmental monitoring. Its AI tools generate pre-trained footprint features and learner solutions, facilitating assessments in various areas such as quarries, mines, waterbodies, forestry, and infrastructure. Korrai's platform also offers satellite-based ground motion monitoring, allowing clients to detect minute changes in the earth's surface and create accurate risk maps. This technology aids businesses in making informed decisions regarding environmental impacts and resource management, addressing challenges related to climate change and land use.

SmartMed

Grant in 2020
SmartMed mission is to design and implement smart, customizable, and user-friendly software solutions that save time, and empower users to efficiently manage the information they need so they can focus on the quality of the process.

Vendura Wellness

Grant in 2020
Habit Forming Technologies is building JackHabbit, an app that uses machine learning and gamification to nudge users into behaviors aimed at improving their physical and mental health. It will offer real-world rewards and in-app payoffs to encourage university students, among others, to cultivate beneficial habits, such as sleeping more and healthier eating.

TotaliQ

Seed Round in 2020
TotaliQ developed a platform that lets companies tap and share the expertise of their staff members. It solves a problem common to many companies: they employ people with a vast range of expertise, but it’s difficult for all employees to access that knowledge.

FoodByte

Venture Round in 2020
FoodByte Inc. is a Canadian company established in 2017, specializing in software solutions for food safety management. Based in Wolfville, the company offers an online platform designed to assist food processors in developing and maintaining comprehensive food safety plans. Its key products include Traceability+, which enables businesses to conduct recalls, track lot codes, and manage inventory efficiently, and Standards+, which facilitates the creation and monitoring of work plans for food processors and consultants. FoodByte's platform simplifies the food safety planning process by breaking it down into manageable steps tailored to meet individual needs, generating necessary documentation, and outlining monitoring requirements to ensure compliance with food safety standards.

SiMBi

Venture Round in 2020
SiMBi is a Vancouver-based company that operates a platform offering an audio-visual book library tailored for students and educators. The platform is designed to foster a love for reading among students by providing engaging content and unique motivational incentives. SiMBi distinguishes itself by contributing to the global community, creating a sense of connection and responsibility among its users. This approach not only enhances the reading experience but also encourages students to participate in community-building initiatives.

Snap Accounts Payable Company

Venture Round in 2020
SnapAP has developed a solution that automates the accounts payable process – the process a company uses to pay the money it owes to customers and lenders.

safa

Venture Round in 2020
safa develops an online artificial intelligence platform for employee retention program. The company was founded in 2018 and is based in St. John's, Canada.

Bloxo

Non Equity Assistance in 2020
Bloxo gives anyone the power to organize pickup activities, with current friends or friends that have not yet been met. We provide organizers with the tools to bring together both players and facilities to host fantastic pickup sports games. Our mission is a world where everyone plays sports and lives a healthy lifestyle. https://www.instagram.com/bloxo.co/ Our team is now comprised of 8 members, some full and part time. We will be officially launching in March 2020! After we master pickup sports we will expand into other markets which we are currently prototyping. Find us on the App store for IOS or the Google play store Current Non-Dilutive funding: Volta Labs 25k National research council 30k RBC talent hub 10k Venture for Canada 2.5k

RIDDL

Seed Round in 2019
A platform that manages and measures impact investments for companies doing good in the world and those who invest in them. RIDDL is a cloud-based platform that uses artificial intelligence to provide investors with data that could help them determine how to use their investments to effect change related to various causes, including health, poverty, education, climate change, gender equity and others.

ReelData AI

Pre Seed Round in 2019
ReelData Inc. develops artificial intelligence software for aquaculture feed cameras, which allows fish farms to measure biomass, sea lice, and health in real-time. Its software helps farms to reduce the amount of fish-feed needed and provides information to optimize the health of the fish. The company was incorporated in 2019 and is based in Halifax, Canada.

My Intelligent Machines

Seed Round in 2019
MIMs, a Montreal-based SAAS company was founded in June 2016 by Sarah Jenna (CEO), Mickaël Camus (CTO) and Abdoulaye Baniré Diallo (CSO). MIMs mission is to provide Biopharma and Agtech companies with AI-powered systems biology software for population stratification, target and biomarker discovery to help them develop a more efficient and personalized medicine and agriculture.

TablePlus

Venture Round in 2019
TablePlus makes database management easier, faster & more efficient. TablePlus provides native tool with simple UI that allows you to simultaneously manage multiple DB such as MySQL, Postgres, SQL Server, SQLite, Microsoft SQL Server and more.

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.

BlueGrid

Venture Round in 2019
BlueGrid specializes in developing advanced technologies for monitoring and managing remote business-critical infrastructure. The company's flagship platform, RimotRF, utilizes Industrial Internet of Things (IIoT) technology to provide a comprehensive remote monitoring solution. This service is designed to minimize downtime, disruptions, and maintenance costs for vital operations. Additionally, BlueGrid is innovating in the marine sector with its vessel-to-grid technology, which enhances marine electrification by delivering real-time intelligence. This technology supports marine vessels and utilities in planning and optimizing their operations for charging and carbon credit management, thereby maximizing both environmental and economic value. Based in Dartmouth, Canada, BlueGrid is committed to providing effective solutions for diverse industries.

Nxtgen Care

Venture Round in 2019
Nxtgen Care is a smart business intelligence platform creates a community of care for seniors care operators, helping them reduce costs while enhancing care levels.

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.

Carbide

Pre Seed Round in 2019
Securicy Data Solutions Ltd. is a Canadian company that specializes in developing web-based software to assist businesses in building and implementing cyber security policies. Primarily targeting small and mid-sized enterprises, Securicy offers a software-as-a-service platform that includes virtual consulting, implementation tools, learning management, awareness training, and compliance management services. The company's solutions facilitate the creation of tailored policies and procedures designed to protect sensitive data and IT infrastructure. By guiding organizations in establishing and maintaining effective information security programs, Securicy enables clients to enhance their security posture, making it a competitive advantage in sectors that require stringent compliance. Founded in 2016 and headquartered in Sydney, Canada, Securicy was previously known as Arista Data Solutions Ltd.

Densitas

Venture Round in 2019
Densitas Inc. specializes in developing breast imaging analytics technologies aimed at enhancing radiology departments, diagnostic imaging facilities, and healthcare systems. The company's flagship product, densitasenterprise, is a web-based analytics platform that includes tools such as densitasdensity for ACR BI-RADS density scale assessments, densitasquality for image quality evaluations, and densitasrisk for breast cancer risk assessments. These solutions facilitate risk-based management of patients by providing healthcare administrators with on-demand insights to monitor clinical, quality, and operational performance indicators. Additionally, the platform is designed to operate on standard DICOM images, ensuring seamless integration with existing workflows and supporting both point-of-care and retrospective processing of mammograms. Founded in 2011 and based in Halifax, Canada, Densitas is committed to advancing value-based care through innovative healthcare analytics powered by artificial intelligence.

Optina Diagnostics

Seed Round in 2019
Optina Diagnostics Inc. develops a technology for the early detection of Alzheimer’s disease through hyperspectral imaging of the eye. Its Optina Diagnostic retinal imaging test serves the healthcare industry. The company was founded in 2010 and is headquartered in Montréal, Canada.

Spring Loaded Technology

Venture Round in 2019
Spring Loaded Technology is changing the way the world moves. We're a company that thrives at the interface of research and development to build and deliver breakthrough technologies that can change and improve lives. Our flagship product, LevitationTM is the world’s first compact and powerful bionic knee brace capable of enhancing the power output of the leg muscles. For athletes, our braces offer reduced fatigue, heightened endurance, and increased performance. For individuals with a knee injury or mobility impairment, our braces function to restore mobility, reduce joint compression, and reduce pain. Whether it’s new heights of athletic performance or a return to the lifestyle you are accustomed to, Spring Loaded Technology is building a brace for you.

MY01

Seed Round in 2019
MY01 offers real-time, accurate muscle pressure measurement that allows users to take timely action. MY01 capitalizes on clinically proven sensitivity and specificity for diagnosing Acute Compartment Syndrome (ACS). The company was founded in 2015 and based in Montréal, Quebec, Canada.

Saccade Analytics

Venture Round in 2019
Saccade Analytics began in 2016 with Dr. Mimi Galiana, whose research at McGill University led the field of eye and head movement analysis for over 30 years. She came to understand that although her work had tremendous potential, much more was needed before it would help patients. With this goal, she founded Saccade Analytics and recruited Isabel Galiana to assist in building the business. Since then, we have grown under the mission to improve the standard of neurological care by translating advanced research into accessible tools.

Thorasys

Venture Round in 2019
Thorasys Thoracic Medical Systems Inc. is a Canadian medical device start-up specializing in respiratory diagnostics. The company has developed tremoFlo, an advanced Airwave Oscillometry System that measures lung function effortlessly by applying a gentle multi-frequency airwave to the patient's respiratory airflow. This innovative technology assists healthcare professionals in diagnosing and monitoring lung diseases, such as asthma and chronic obstructive pulmonary disease, through a unique pulmonary function testing method known as forced oscillation. By enabling accurate lung capacity measurements for patients of all types, Thorasys aims to facilitate early detection and management of respiratory conditions. The company is headquartered in Halifax, Canada, and leverages cutting-edge research and technology in its product development.

Spinologics

Venture Round in 2019
Spinologics Inc develops and manufactures spinal care products. It offers products, such as Scolioscreen, a device that allows phones to be used to screen for spinal deformities; Scolioscreen APP, a software that can be combined with Scolioscreen device for measuring angle of trunk rotation; and Cervision, a tool to maintain patient’s shoulders and arms to reduce surgery time and to provide x-rays of the cervical spine. The company also operates Biomechanics Numerical Lab that provides biomechanics to design medical devices and consulting services. Spinologics Inc was founded in 2010 and is headquartered in Montréal, Canada.

Trip Ninja

Seed Round in 2019
TRIP NINJA INC. develops application allows user to search multi-destination trips around the world, optimized to provide the best route at the lowest cost. It offers services via both B2C on website and B2B via our API. The company was founded in 2015 and is headquartered in Halifax, Canada.

BlueNode

Grant in 2019
BlueNode provides data cleansing, analysis, auditing, and sharing for marine container ports. Marine container ports consume many different data sources for operational and business development purposes.

Invisible Agents

Grant in 2019
Invisible Agents, founded in 2018 and located in Halifax, Canada, provides innovative solutions aimed at enhancing fundraising efforts for non-profit organizations and churches. The company leverages advanced technologies, including machine learning and data visualization, to address the evolving challenges in fundraising. By focusing on improving the expertise of these organizations in utilizing modern technology, Invisible Agents helps them navigate the complexities of cross-channel communication and optimize their fundraising strategies. Through its services, the company aims to empower non-profits and churches to raise funds more effectively in a competitive landscape.

ReelData AI

Grant in 2019
ReelData Inc. develops artificial intelligence software for aquaculture feed cameras, which allows fish farms to measure biomass, sea lice, and health in real-time. Its software helps farms to reduce the amount of fish-feed needed and provides information to optimize the health of the fish. The company was incorporated in 2019 and is based in Halifax, Canada.

Symbi Medical

Grant in 2019
Developer of a healthcare platform intended to assist patients before and after medical procedures. The company uses a HIPAA-compliant patient management platform to support thousands of patient interactions and deliver personalized care journeys at scale, helping organizations improve clinical decision-making to better manage risk, intervene effectively, and improve health outcomes across their patient population.

ReelData AI

Seed Round in 2019
ReelData Inc. develops artificial intelligence software for aquaculture feed cameras, which allows fish farms to measure biomass, sea lice, and health in real-time. Its software helps farms to reduce the amount of fish-feed needed and provides information to optimize the health of the fish. The company was incorporated in 2019 and is based in Halifax, Canada.

Bright

Pre Seed Round in 2019
Bright is a B2B technology service provider that has developed a virtual amenities wellness program for on-site and work-from-home teams.

Cribcut

Non Equity Assistance in 2019
Scheduling software, client acquisition, and education; empowering mobile hairstylists.

NovaResp Technologies

Pre Seed Round in 2019
Developer of breathing support devices designed for patients suffering from sleep apnea. The company's device determines the respiratory health of sleep apnea patients and provides personalized breathing support with the help of positive airway pressure machines, enabling healthcare providers to save patients from strokes and heart attacks and provide them with a more comfortable sleeping environment.

BlueLight Analytics

Series A in 2018
BlueLight Analytics is the leading provider of evidence to support all aspects of light curing for the dental industry.

Marecomms

Pre Seed Round in 2018
Marecomms is a developer of underwater acoustic communications systems enabling wireless communications over long distances.

Eadie Technologies

Pre Seed Round in 2018
Eadie Technologies Inc. was founded by Dr. Brennan Eadie and, his Father, Mr. Frank Eadie. Dr. Brennan Eadie is a clinician-scientist and ophthalmologist with sub-specialty training in glaucoma. Mr. Frank Eadie is an experienced lawyer and entrepreneur. Mr. Jake McGeough is our highly motivated and diversely capable project manager. Their founders and employees share a passion for designing and producing ophthalmic diagnostic devices that are substantially better for patients and clinicians than the current gold standards. They are in the prototype development phase of their first products.

b-line

Venture Round in 2018
B-Line is a mobility survey platform that helps environmental consultants and organizations easily and affordably collect occupant mobility data to improve building occupants' health, achieve green building certifications, and enhance biking and transit infrastructure within cities, helping citizens to get to work faster. By employing mobile devices to passively collect users’ mobility patterns, B-Line generates real-time transportation reporting on users’ trip time, duration, distance, purpose, mode, as well as environmental and health impacts enabling real estate developers and property managers to understand how staff and customers navigate the built environment without having to purchase automated traffic counters and self-reporting travel surveys. https://vimeo.com/302334947

RetailDeep

Seed Round in 2018
RetailDeep is a facial recognition platform to identify and deliver personalized insights as customers walk into the store, saving retailers the cost and time to integrate facial recognition data with CRM/POS data, making it a scalable turn-key solution that can be set up in minutes.

BoomersPlus

Venture Round in 2018
We connect boomers and experienced professionals with opportunities (from part-time to full-time work to volunteer and advisory roles) that fit their lifestyle, and we reduce the time-to-hire and cost-to-hire for employers looking to tap into experience.

CarbonCure Technologies

Corporate Round in 2018
CarbonCure Technologies Inc. provides technology to existing concrete plants that allows producers to sequester carbon dioxide into their concrete products. Its technology recycles waste carbon dioxide (CO2) to make concrete products. The company source waste CO2 from industrial emitters, and is added to the concrete during production, where it is chemically converted into a limestone-like mineral. The company was formerly known as Carbon Sense Solutions Inc. and changed its name to CarbonCure Technologies Inc. in January 2011. The company was incorporated in 2007 and is based in Dartmouth, Canada.

Aqualitas

Venture Round in 2018
Aqualitas is an aquaponic cannabis company rooted in science. Water and Quality – these are two of the most significant components of aqualitass, practices, and mission. It embodies its commitment to their clients. Their aquaponic process is water-based growing that produces a top-quality product and they employ rigorous testing standards to ensure their products are safe, pure, and consistent. It was founded in 2014 and is headquartered in Bedford, Nova Scotia.

IR Scientific

Seed Round in 2018
IR Scientific creates unique inorganic polymers that allows us to control a number of important variables – encouraging the body to heal itself while having little, to no negative impact on your body or the planet. Born of a passion for better-than-traditional patient treatments and improving lives, IR Scientific focuses on commercializing ion release materials for specific roles in consumer health, beauty and body repair.

Aqualitas

Seed Round in 2018
Aqualitas is an aquaponic cannabis company rooted in science. Water and Quality – these are two of the most significant components of aqualitass, practices, and mission. It embodies its commitment to their clients. Their aquaponic process is water-based growing that produces a top-quality product and they employ rigorous testing standards to ensure their products are safe, pure, and consistent. It was founded in 2014 and is headquartered in Bedford, Nova Scotia.

Nexus Robotics Inc

Grant in 2018
Nexus Robotics Inc. designs and develops autonomous machines specifically for the agriculture industry, focusing on weed management. Founded in 2017 and based in Halifax, Canada, the company has created a robotic system equipped with a camera that differentiates between weeds and crops. This technology allows the robots to effectively navigate fields and remove unwanted plants, thereby enhancing crop production efficiency.

Trip Ninja

Pre Seed Round in 2018
TRIP NINJA INC. develops application allows user to search multi-destination trips around the world, optimized to provide the best route at the lowest cost. It offers services via both B2C on website and B2B via our API. The company was founded in 2015 and is headquartered in Halifax, Canada.

Alentic Microscience

Venture Round in 2018
Alentic Microscience has developed a ground-breaking new imaging technology that provides high resolution without the use of lenses. Alentic has been able to develop small, light-weight yet robust devices that can capture images at high resolution in many important clinical and industrial analysis applications.

Harbr

Seed Round in 2018
Harbr Inc. is a Canadian company founded in 2016, headquartered in Halifax, Nova Scotia, that specializes in artificial intelligence (AI) software for construction management. The company develops tools designed to organize and manage data, helping construction projects stay on schedule. Harbr offers various products, including a free version that provides daily logs for users and construction sites, a pro version that connects team members on-site, and an enterprise solution that links multiple job sites and teams. Additionally, Harbr's platform facilitates the reconciliation of data from various external contractors, enabling comprehensive analytics and insights. It also features automated document evaluation and data extraction processes, aimed at enhancing efficiency and scalability while reducing the need for manual inputs and qualifications in project management.

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 has an anti-infective portfolio that includes several key candidates: Favipiravir, aimed at addressing pandemic influenza and COVID-19; ATI-2307, an antifungal agent in clinical development for cryptococcal meningitis and invasive candidiasis; and ATI-1501, an oral liquid formulation of metronidazole. Additionally, Appili is advancing ATI-1503, which targets gram-negative bacteria, and ATI-1701, a live-attenuated vaccine designed for Francisella tularensis. The company seeks to address unmet medical needs through improved therapies and the development of new classes of anti-infectives.

DMF Medical

Venture Round in 2018
DMF Medical Incorporated is a Halifax-based company that specializes in designing and developing biomedical devices aimed at enhancing the safety of anesthesia. The company focuses on refining its prototype CO2 removal device, ZEROSORB, which utilizes membrane technology instead of traditional absorbent chemicals. This innovative approach helps to effectively remove carbon dioxide from anesthetic circuits, thereby improving patient safety during surgical procedures.

Daxsonics Ultrasound

Seed Round in 2018
Daxsonics Ultrasound Inc. specializes in the design and fabrication of high-frequency ultrasound solutions, focusing on custom electronics for medical imaging applications. The company offers a range of services including the development of modular and integrated ultrasound systems, piezoelectric transducer design, and medical imaging software. Its expertise extends to high-voltage electronics, piezoelectric composites, and advanced techniques such as lapping, dicing, and photolithography. Daxsonics also produces single element high-frequency transducers, high-frequency arrays, and low noise RF detection systems, contributing to innovations in ultrasound scanning technologies. The company is headquartered in Halifax, Canada, and aims to facilitate the miniaturization of ultrasonic imaging devices and enhance micro-imaging technologies for improved diagnostic capabilities.

Biopolynet

Seed Round in 2018
Biopolynet is a foundation focused on the design, research, and development of bioproducts with a strong commitment to environmental sustainability. The organization aims to provide cost-effective and innovative green solutions to address various industrial challenges. By developing a unique biopolymeric network, Biopolynet customizes its offerings for a wide range of applications across small, medium, and large-scale industries. Its cleantech platform leverages low-cost, agriculture-based feedstock to create biopolymers that effectively control the behavior of solids in water. This technology finds utility in diverse areas such as wastewater treatment, dust suppression, and firefighting, supporting clients in achieving their operational and environmental goals.

Ashored

Grant in 2017
Ashored focuses on developing technologies that promote sustainability in ocean harvest industries. The company is introducing an innovative underwater buoy release system designed for trap fishing, which allows fishers to deploy ropes and buoys on the ocean floor until they are needed. This system significantly reduces the risks of entanglement with marine life and minimizes the loss or damage of fishing gear. By utilizing machine learning, sonar, and geo-tracking, Ashored's solution enables the collection of vital data and the efficient location of lost traps. This approach not only helps prevent gear conflict and reduces ocean waste but also allows for sustainable fishing practices in protected or restricted areas, contributing to the preservation of at-risk marine habitats.

Trip Ninja

Pre Seed Round in 2017
TRIP NINJA INC. develops application allows user to search multi-destination trips around the world, optimized to provide the best route at the lowest cost. It offers services via both B2C on website and B2B via our API. The company was founded in 2015 and is headquartered in Halifax, Canada.

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 has an anti-infective portfolio that includes several key candidates: Favipiravir, aimed at addressing pandemic influenza and COVID-19; ATI-2307, an antifungal agent in clinical development for cryptococcal meningitis and invasive candidiasis; and ATI-1501, an oral liquid formulation of metronidazole. Additionally, Appili is advancing ATI-1503, which targets gram-negative bacteria, and ATI-1701, a live-attenuated vaccine designed for Francisella tularensis. The company seeks to address unmet medical needs through improved therapies and the development of new classes of anti-infectives.

Mimir Networks

Venture Round in 2017
Mimir Networks is providing cyber security tools to address the issue of constantly evolving attacks. Mimir provides an experienced trusted security advisor, in the form of intelligence tools, to augment knowledge of IT staff and allow them to proactively protect their networks. We have also developed the world’s first Petabyte+ distributed network forensics platform that can be distributed across a campus or housed in a single data centre. Mimir provides protection for large enterprise, Internet Service Providers (ISP), data centres and small to medium size business. We do this with a combination of Software as a Service (SaaS), Infrastructure as a Service (IaaS) and/or on-premise appliance. A Canadian company, Mimir was founded by network security professionals who spent over 25 years building and protecting some of the world’s largest networks. We are an early stage technology company with sales in both the US and Canada.

Reno Sub Systems

Series C in 2017
Reno Sub-Systems, to our longtime semiconductor friends, colleagues and customers around the world. The founding of Reno has been a very gratifying challenge which has brought together many of the best and brightest minds in the field of Semiconductor Process Equipment Instrumentation. At a time when industry consolidation and the tightening of venture capital poses a serious threat to new business formation, the founders of Reno have demonstrated the incredible power of inventing world-class technologies to enable next generation processes. With three brand new and highly disruptive technologies, we are creating a paradigm shift in the industry. At Reno, we believe there is unlimited potential for new discoveries and innovative thinking. As we move forward into the 450mm era, Reno stands at the summit of semiconductor process control equipment technology, ready to set the standards for product performance, worldwide customer support and customer satisfaction.

Volta Labs

Grant in 2017
Volta, cofounded by GoInstant CEO Jevon MacDonald, emphasizes a founder-first, quality-over-quantity approach to building startups. “It’s all about the founders," says MacDonald. “We want to create world-class founders, who in turn will create world-class companies, right here in Halifax." Although it sounds like an accelerator, Volta insists otherwise: "We are a place of mentorship and community and we are not an accelerator," the site reads. Their goal is to provide mentorship, encourage new startups, develop growth in existing startups, develop support frameworks, and create a brand seen as "a beacon of the Atlantic startup community." Currently, Volta has 13 companies involved in its system, either as tenants or common space members. Those companies include TitanFile, FundMetric, and IntroHive. The non-accelerator is backed by big names including Omers and Deloitte.

The Money Finder

Seed Round in 2017
The Money Finder Inc. is a financial technology company based in Halifax, Canada, that focuses on cash flow planning training for financial professionals. Founded in 2006, the company offers a comprehensive program known as The Behavioural Cash Flow System, which includes training for the Certified Cash Flow Specialist (CCS) designation. This program is designed to ensure that participants not only learn the material but also effectively apply their knowledge and market their new skills. In addition to training, The Money Finder provides marketing materials, support, and a CCS Directory that lists financial professionals who have completed the training. The company's approach emphasizes practical application and sharing knowledge among advisors to enhance their financial practices.

Meta

Series A in 2017
MTI, a smart materials and photonics company which is changing the way we use, interact and benefit from light. From healthcare to defense, energy to aerospace– the possibilities are endless

Covina Biomedical

Private Equity Round in 2017
Covina Biomedical is a minimally invasive orthopaedics company producing injectable biomaterials that enhance quality of life. The company is developing its first platform product, a glass-based bone cement to enhance the longevity of orthopaedic implants. Using collaborative research approaches, and in partnership with end users, Covina Biomedical has created the first technology of its kind in the industry.

CacheFlo

Seed Round in 2017
Developer of a financial technology platform intended to provide a cash flow system and offer financial advisory. The company's platform generates easy-to-follow written reports, saves information automatically with a digital client intake form, reviews behavioral cash flow plans anytime, and makes required adjustments that can be customized based on individual goals, enabling financial planners and advisors to help fund the aspirations of their clients.

Neothermal Energy Storage

Pre Seed Round in 2017
NeoThermal Energy Storage Inc. manufactures electric thermal storage heaters for home owners. It offers its products though certified electricians or HVAC contractors. The company was incorporated in 2015 and is based in Bridgewater, Canada.

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 has an anti-infective portfolio that includes several key candidates: Favipiravir, aimed at addressing pandemic influenza and COVID-19; ATI-2307, an antifungal agent in clinical development for cryptococcal meningitis and invasive candidiasis; and ATI-1501, an oral liquid formulation of metronidazole. Additionally, Appili is advancing ATI-1503, which targets gram-negative bacteria, and ATI-1701, a live-attenuated vaccine designed for Francisella tularensis. The company seeks to address unmet medical needs through improved therapies and the development of new classes of anti-infectives.

Meta

Venture Round in 2016
MTI, a smart materials and photonics company which is changing the way we use, interact and benefit from light. From healthcare to defense, energy to aerospace– the possibilities are endless

The Money Finder

Seed Round in 2016
The Money Finder Inc. is a financial technology company based in Halifax, Canada, that focuses on cash flow planning training for financial professionals. Founded in 2006, the company offers a comprehensive program known as The Behavioural Cash Flow System, which includes training for the Certified Cash Flow Specialist (CCS) designation. This program is designed to ensure that participants not only learn the material but also effectively apply their knowledge and market their new skills. In addition to training, The Money Finder provides marketing materials, support, and a CCS Directory that lists financial professionals who have completed the training. The company's approach emphasizes practical application and sharing knowledge among advisors to enhance their financial practices.