SOSV

SOSV is a global venture capital firm that supports early-stage startups through active, founder-first development programs. Its flagship initiatives HAX and IndieBio provide facilities, engineering resources, services, and laboratory equipment to accelerate product development and prepare companies for subsequent funding rounds. SOSV focuses on deep technology across health, environmental, and cross-border software sectors, aiming to solve human and planetary health challenges. In addition to providing capital, the firm emphasizes intensive programmatic support to help portfolio companies move quickly from seed toward growth, including customer acquisition and scale. The firm operates globally with a bias toward startups targeting rapid international expansion, especially in Asia, and tends to back a small cohort of high-potential companies to accelerate their progress and attract leading investors.

Michael Aberman

Partner

Lindsay Atkenson

Analyst

William Bao Bean

General Partner

Hugh Bowen

Associate

Shawn Broderick

Venture Partner

Past deals in Canada

Hyperlume

Seed Round in 2025
Hyperlume Inc., based in Ottawa, Canada, specializes in developing advanced optical connectivity solutions. The company focuses on high-performance computing, artificial intelligence, and high-end processors, aiming to enhance data transfer speeds and enable scalable optical interconnects for edge computing platforms.

Proton Intelligence

Seed Round in 2024
Proton Intelligence develops a wearable device that monitors potassium levels in real-time via interstitial fluid, closely correlated to blood. This enables clinicians and patients to manage medications and diets effectively for improved heart and kidney care, particularly targeting hyperkalemia in chronic kidney disease patients with co-morbidities.

Avidbots Corp.

Series D in 2024
Avidbots Corp., founded in 2014 and based in Ottawa, Canada, develops autonomous commercial floor cleaning robots. Its flagship product, NEO, uses laser mapping technology to efficiently clean various spaces such as airports, retail malls, hospitals, and warehouses across seven countries.

EIO Diagnostics

Convertible Note in 2024
EIO Diagnostics Inc. is a Canadian company specializing in udder health technology for dairy farming. Founded in 2017 and based in Duncan, it develops the FirstLook Mastitis detection system, which aims to prevent mastitis infections in dairy animals. The system employs a multispectral sensor installed at the entrance of the milk parlor to capture images of the udder as cows enter, enabling early detection of infection indicators through advanced infrared image analysis and computer vision. This technology automates the screening process, allowing farmers to monitor udder health efficiently, reduce labor costs, and enhance milk quality.

Avidbots Corp.

Convertible Note in 2024
Avidbots Corp., founded in 2014 and based in Ottawa, Canada, develops autonomous commercial floor cleaning robots. Its flagship product, NEO, uses laser mapping technology to efficiently clean various spaces such as airports, retail malls, hospitals, and warehouses across seven countries.

Proton Intelligence

Seed Round in 2024
Proton Intelligence develops a wearable device that monitors potassium levels in real-time via interstitial fluid, closely correlated to blood. This enables clinicians and patients to manage medications and diets effectively for improved heart and kidney care, particularly targeting hyperkalemia in chronic kidney disease patients with co-morbidities.

DropGenie

Convertible Note in 2024
Founded in Montreal, Canada in 2018, DropGenie is a biotechnology company specializing in automated genetic engineering. It offers a platform that uses microfluidics technology to miniaturize and automate complex synthetic biology workflows, enabling scientists to make changes to genomes efficiently while reducing costs and improving standardization and reproducibility.

FleetOperate

Convertible Note in 2022
FleetOperate is a truck driver marketplace platform founded in 2018 and based in Winnipeg, Manitoba. The company facilitates on-demand driving services by connecting carriers and shippers with registered truck drivers. Its platform allows users to book shipments from specific locations and track drivers in real-time, addressing issues such as driver shortages, high turnover rates, and unseated trucks. By offering a Driver-as-a-Service model, FleetOperate helps maintain low operational costs, thereby simplifying the transportation of essential goods for its clients.

Swap Robotics

Seed Round in 2022
Founded in 2019, Swap Robotics is a Canadian company specializing in the manufacture of electric, autonomous robots for utility-scale solar installations. Their robots are designed to cut grass and clear snow from sidewalks, adhering to a robotics-as-a-service concept.

Aima

Seed Round in 2022
Aima is a Vancouver-based company founded in 2019 that focuses on transforming the management of menstrual pain. The company provides a weekly proactive pain management system designed specifically for menstruators, offering personalized and effective solutions to address period pain. Aima's platform aims to empower users by enabling them to manage their pain with greater freedom and dignity. Through its innovative approach, Aima seeks to improve the overall experience of menstruators by providing accessible and tailored pain relief options.

Spindle Biotech

Seed Round in 2022
Spindle Biotech Inc., founded in 2017 and headquartered in Toronto, Canada, specializes in the development and commercialization of synthetic RNA technologies. The company focuses on a proprietary RNA polymerase that enhances large-scale mRNA vaccine production, reflecting the increasing relevance of synthetic RNA in biotechnological applications. Leveraging advances in mRNA technology, Spindle Biotech aims to facilitate high-throughput ribonucleoprotein (RNP)-based CRISPR and RNA screening. Utilizing advanced enzymes and microfluidic technology, it creates RNA arrays with high fidelity, which are vital for gene-editing and drug discovery initiatives. Through these innovations, Spindle Biotech seeks to support biotechnology companies in harnessing the transformative potential of synthetic RNA.

Avidbots Corp.

Series C in 2022
Avidbots Corp., founded in 2014 and based in Ottawa, Canada, develops autonomous commercial floor cleaning robots. Its flagship product, NEO, uses laser mapping technology to efficiently clean various spaces such as airports, retail malls, hospitals, and warehouses across seven countries.

Proton Intelligence

Seed Round in 2022
Proton Intelligence develops a wearable device that monitors potassium levels in real-time via interstitial fluid, closely correlated to blood. This enables clinicians and patients to manage medications and diets effectively for improved heart and kidney care, particularly targeting hyperkalemia in chronic kidney disease patients with co-morbidities.

Milk Moovement

Series A in 2022
Founded in 2018, Milk Moovement is a Canadian software company specializing in dairy supply chain management. It offers a cloud-based platform that tracks milk pick-ups, monitors production, and provides actionable intelligence to optimize processes and maximize profitability.

EIO Diagnostics

Convertible Note in 2022
EIO Diagnostics Inc. is a Canadian company specializing in udder health technology for dairy farming. Founded in 2017 and based in Duncan, it develops the FirstLook Mastitis detection system, which aims to prevent mastitis infections in dairy animals. The system employs a multispectral sensor installed at the entrance of the milk parlor to capture images of the udder as cows enter, enabling early detection of infection indicators through advanced infrared image analysis and computer vision. This technology automates the screening process, allowing farmers to monitor udder health efficiently, reduce labor costs, and enhance milk quality.

Zennea Technologies

Convertible Note in 2022
Zennea Technologies is a medical device company based in Surrey, Canada, specializing in the development of therapeutic wearables aimed at reducing snoring and improving overall health through enhanced sleep quality. The company's flagship product, ZENS, is a comfortable and discreet sleep wearable that targets the root cause of snoring, thereby assisting individuals with chronic snoring and mild obstructive sleep apnea. Zennea conducts clinical trials to validate the efficacy of its device, which not only helps reduce snoring but also tracks sleep quality, providing valuable insights for users to make informed decisions about their health and sleep habits.

OzoneBio

Seed Round in 2022
OzoneBio is a cleantech company based in Calgary, Canada, founded in 2021. The company specializes in the production of bio-plastics derived from lignocellulosic waste, utilizing a unique dead cell fermentation technology known as "Zombie cells." This innovative approach allows OzoneBio to convert challenging and toxic feedstocks into high-value products while circumventing the significant costs and complexities associated with traditional live-cell fermentation methods. The company's offerings include wood-waste derived adipic acid and vanillin, which serve as sustainable alternatives in various industries. By focusing on waste reduction and the conversion of waste products into usable materials, OzoneBio contributes to environmental sustainability while providing valuable applications for its clients.

Millennia TEA

Seed Round in 2022
Millennia TEA, founded in 2016 and based in Saint John, Canada, specializes in the production and sale of a unique category of tea known as Fresh-leaf. The company is dedicated to promoting health and well-being through its antioxidant-rich teas, which are designed to enhance clarity, focus, and energy. Millennia TEA employs a distinct method of processing, where tea leaves are picked, washed, and flash-frozen rather than heated and dried. This technique preserves the leaves' natural properties, which are believed to aid in reducing inflammation and supporting a robust immune system. By offering nutrient-rich teas, Millennia TEA aims to contribute to consumers' overall health and happiness. The company's products are available both in physical stores and online.

Treepz

Seed Round in 2022
Treepz is a technology-driven transportation company focused on enhancing mobility across Africa. Founded in 2019 and headquartered in Ontario, Canada, Treepz operates in Nigeria, Ghana, Uganda, and Kenya, providing users with a reliable and comfortable commuting experience. Its application allows users to book trips for daily, inter-city, or corporate travel at the tap of a button. The platform offers features such as vehicle assistants, licensed drivers, and e-wallet payments, ensuring that users can book and pay for fast and convenient trips in real-time. Through its innovative approach, Treepz aims to create a safer and more efficient transportation system for commuters in the region.

FleetOperate

Convertible Note in 2022
FleetOperate is a truck driver marketplace platform founded in 2018 and based in Winnipeg, Manitoba. The company facilitates on-demand driving services by connecting carriers and shippers with registered truck drivers. Its platform allows users to book shipments from specific locations and track drivers in real-time, addressing issues such as driver shortages, high turnover rates, and unseated trucks. By offering a Driver-as-a-Service model, FleetOperate helps maintain low operational costs, thereby simplifying the transportation of essential goods for its clients.

Ceragen

Convertible Note in 2022
Ceragen is a biotechnology company that helps farmers increase crop yields through plant microbiome engineering. It develops precision microbiome engineering via inoculant products tailored for controlled environment agriculture, enabling crops to respond to environmental stress and to produce more in limited space with an all-natural solution. Ceragen was established in Kitchener, Ontario.

Swap Robotics

Seed Round in 2022
Founded in 2019, Swap Robotics is a Canadian company specializing in the manufacture of electric, autonomous robots for utility-scale solar installations. Their robots are designed to cut grass and clear snow from sidewalks, adhering to a robotics-as-a-service concept.

Treepz

Convertible Note in 2021
Treepz is a technology-driven transportation company focused on enhancing mobility across Africa. Founded in 2019 and headquartered in Ontario, Canada, Treepz operates in Nigeria, Ghana, Uganda, and Kenya, providing users with a reliable and comfortable commuting experience. Its application allows users to book trips for daily, inter-city, or corporate travel at the tap of a button. The platform offers features such as vehicle assistants, licensed drivers, and e-wallet payments, ensuring that users can book and pay for fast and convenient trips in real-time. Through its innovative approach, Treepz aims to create a safer and more efficient transportation system for commuters in the region.

Ardra Bio

Convertible Note in 2021
Ardra Inc. is a renewable chemicals company based in Toronto, Canada, specializing in the production of petroleum-free specialty chemicals for the personal care and cosmetics industry. Utilizing technology developed at the University of Toronto, Ardra employs model-guided metabolic engineering and synthetic biology to create biocatalysts that convert renewable resources into essential chemicals. The company's flagship product is 1,3-butanediol, a sustainable alternative to petroleum-based counterparts, which is utilized in various applications including cosmetics, food, polymers, and pharmaceuticals. With the cosmetics sector relying heavily on petroleum chemicals, valued at approximately $2.6 billion, Ardra aims to provide environmentally friendly solutions that stabilize and sustain the supply chain while reducing ecological impact.

Proton Intelligence

Seed Round in 2021
Proton Intelligence develops a wearable device that monitors potassium levels in real-time via interstitial fluid, closely correlated to blood. This enables clinicians and patients to manage medications and diets effectively for improved heart and kidney care, particularly targeting hyperkalemia in chronic kidney disease patients with co-morbidities.

Proton Intelligence

Convertible Note in 2021
Proton Intelligence develops a wearable device that monitors potassium levels in real-time via interstitial fluid, closely correlated to blood. This enables clinicians and patients to manage medications and diets effectively for improved heart and kidney care, particularly targeting hyperkalemia in chronic kidney disease patients with co-morbidities.

Avidbots Corp.

Convertible Note in 2021
Avidbots Corp., founded in 2014 and based in Ottawa, Canada, develops autonomous commercial floor cleaning robots. Its flagship product, NEO, uses laser mapping technology to efficiently clean various spaces such as airports, retail malls, hospitals, and warehouses across seven countries.

DropGenie

Seed Round in 2021
Founded in Montreal, Canada in 2018, DropGenie is a biotechnology company specializing in automated genetic engineering. It offers a platform that uses microfluidics technology to miniaturize and automate complex synthetic biology workflows, enabling scientists to make changes to genomes efficiently while reducing costs and improving standardization and reproducibility.

ShapeMeasure

Convertible Note in 2021
ShapeMeasure is a Vancouver-based company that specializes in developing and distributing automated measuring and cutting tools for the construction industry. Their innovative solutions enable precise measurement and cutting of flooring materials, such as hardwood, laminate, and vinyl, streamlining the construction process. By facilitating accurate measurements and layouts, ShapeMeasure simplifies tasks that were previously complex, allowing users to perform these operations with ease and efficiency. The company also offers an online shopping platform for its range of products, making it accessible for customers in need of high-quality construction tools.

Treepz

Seed Round in 2021
Treepz is a technology-driven transportation company focused on enhancing mobility across Africa. Founded in 2019 and headquartered in Ontario, Canada, Treepz operates in Nigeria, Ghana, Uganda, and Kenya, providing users with a reliable and comfortable commuting experience. Its application allows users to book trips for daily, inter-city, or corporate travel at the tap of a button. The platform offers features such as vehicle assistants, licensed drivers, and e-wallet payments, ensuring that users can book and pay for fast and convenient trips in real-time. Through its innovative approach, Treepz aims to create a safer and more efficient transportation system for commuters in the region.

EIO Diagnostics

Seed Round in 2021
EIO Diagnostics Inc. is a Canadian company specializing in udder health technology for dairy farming. Founded in 2017 and based in Duncan, it develops the FirstLook Mastitis detection system, which aims to prevent mastitis infections in dairy animals. The system employs a multispectral sensor installed at the entrance of the milk parlor to capture images of the udder as cows enter, enabling early detection of infection indicators through advanced infrared image analysis and computer vision. This technology automates the screening process, allowing farmers to monitor udder health efficiently, reduce labor costs, and enhance milk quality.

Ceragen

Seed Round in 2021
Ceragen is a biotechnology company that helps farmers increase crop yields through plant microbiome engineering. It develops precision microbiome engineering via inoculant products tailored for controlled environment agriculture, enabling crops to respond to environmental stress and to produce more in limited space with an all-natural solution. Ceragen was established in Kitchener, Ontario.

Ceragen

Convertible Note in 2021
Ceragen is a biotechnology company that helps farmers increase crop yields through plant microbiome engineering. It develops precision microbiome engineering via inoculant products tailored for controlled environment agriculture, enabling crops to respond to environmental stress and to produce more in limited space with an all-natural solution. Ceragen was established in Kitchener, Ontario.

Milk Moovement

Seed Round in 2021
Founded in 2018, Milk Moovement is a Canadian software company specializing in dairy supply chain management. It offers a cloud-based platform that tracks milk pick-ups, monitors production, and provides actionable intelligence to optimize processes and maximize profitability.

OzoneBio

Seed Round in 2021
OzoneBio is a cleantech company based in Calgary, Canada, founded in 2021. The company specializes in the production of bio-plastics derived from lignocellulosic waste, utilizing a unique dead cell fermentation technology known as "Zombie cells." This innovative approach allows OzoneBio to convert challenging and toxic feedstocks into high-value products while circumventing the significant costs and complexities associated with traditional live-cell fermentation methods. The company's offerings include wood-waste derived adipic acid and vanillin, which serve as sustainable alternatives in various industries. By focusing on waste reduction and the conversion of waste products into usable materials, OzoneBio contributes to environmental sustainability while providing valuable applications for its clients.

FleetOperate

Convertible Note in 2021
FleetOperate is a truck driver marketplace platform founded in 2018 and based in Winnipeg, Manitoba. The company facilitates on-demand driving services by connecting carriers and shippers with registered truck drivers. Its platform allows users to book shipments from specific locations and track drivers in real-time, addressing issues such as driver shortages, high turnover rates, and unseated trucks. By offering a Driver-as-a-Service model, FleetOperate helps maintain low operational costs, thereby simplifying the transportation of essential goods for its clients.

FleetOperate

Seed Round in 2020
FleetOperate is a truck driver marketplace platform founded in 2018 and based in Winnipeg, Manitoba. The company facilitates on-demand driving services by connecting carriers and shippers with registered truck drivers. Its platform allows users to book shipments from specific locations and track drivers in real-time, addressing issues such as driver shortages, high turnover rates, and unseated trucks. By offering a Driver-as-a-Service model, FleetOperate helps maintain low operational costs, thereby simplifying the transportation of essential goods for its clients.

Chinova Bioworks

Seed Round in 2020
Chinova Bioworks develops natural antimicrobial solutions based on a chitosan polymer derived from fungal-sourced technology, offering broad-spectrum protection to extend the shelf life of juices and other products. The company targets the beverage industry and broader markets, including foods, cosmetics, and personal care items, with a natural preservative designed to reduce spoilage and waste. Founded in 2016 and based in Fredericton, Canada.

Mobio Interactive

Seed Round in 2020
Mobio Interactive is a digital health company that develops tools for performance and health improvement in consumer and clinical populations. It offers an AI-powered digital theragnostic platform that delivers clinically validated psychotherapy programs personalized to each patient using digital biomarkers to quantify brain states without relying on wearables. Its mobile health stack enables private, remote delivery of therapy across multiple indications. The company also provides mindfulness applications Am Mindfulness, Wildflowers Mindfulness, and Actify Mindfulness that deliver medical-grade mindfulness training and objectively assess efficacy through mood, stress, and physiological signals captured by computer vision, such as heart rate, heart rate variability, breathing rate, and relative oxygen saturation. Founded in 2014, Mobio Interactive is headquartered in Toronto with offices in Zurich and Shanghai.

Motion Metrics

Convertible Note in 2020
Motion Metrics is a Canadian technology company specializing in artificial intelligence and computer vision to enhance mine safety, productivity, and energy efficiency. The company provides solutions such as missing tooth detection for shovels and loaders, tooth wear monitoring, payload monitoring, boulder detection for haul trucks, and particle size analysis for various mining equipment. These market-leading technologies have been implemented at over 60 mines across six continents and are relied upon by some of the world's largest mining companies. Motion Metrics maintains offices in Canada, Chile, South Africa, Australia, and Russia to offer swift, localized support to its clients.

DropGenie

Convertible Note in 2020
Founded in Montreal, Canada in 2018, DropGenie is a biotechnology company specializing in automated genetic engineering. It offers a platform that uses microfluidics technology to miniaturize and automate complex synthetic biology workflows, enabling scientists to make changes to genomes efficiently while reducing costs and improving standardization and reproducibility.

Aquova

Seed Round in 2020
Aquova offers adaptive AI-based sensors and power controllers that unlocks the potential of data in the electrochemical industry. Its patent-pending Advanced Data Management (ADM) technology is a combination of hardware and software working seamlessly together to enhance the performance of electrochemical processes, thereby reducing the energy consumption of electrochemical operations. The company was established in 2017 and is based in Toronto, Ontario.

Millennia TEA

Seed Round in 2020
Millennia TEA, founded in 2016 and based in Saint John, Canada, specializes in the production and sale of a unique category of tea known as Fresh-leaf. The company is dedicated to promoting health and well-being through its antioxidant-rich teas, which are designed to enhance clarity, focus, and energy. Millennia TEA employs a distinct method of processing, where tea leaves are picked, washed, and flash-frozen rather than heated and dried. This technique preserves the leaves' natural properties, which are believed to aid in reducing inflammation and supporting a robust immune system. By offering nutrient-rich teas, Millennia TEA aims to contribute to consumers' overall health and happiness. The company's products are available both in physical stores and online.

Milk Moovement

Pre Seed Round in 2020
Founded in 2018, Milk Moovement is a Canadian software company specializing in dairy supply chain management. It offers a cloud-based platform that tracks milk pick-ups, monitors production, and provides actionable intelligence to optimize processes and maximize profitability.

Zennea Technologies

Seed Round in 2020
Zennea Technologies is a medical device company based in Surrey, Canada, specializing in the development of therapeutic wearables aimed at reducing snoring and improving overall health through enhanced sleep quality. The company's flagship product, ZENS, is a comfortable and discreet sleep wearable that targets the root cause of snoring, thereby assisting individuals with chronic snoring and mild obstructive sleep apnea. Zennea conducts clinical trials to validate the efficacy of its device, which not only helps reduce snoring but also tracks sleep quality, providing valuable insights for users to make informed decisions about their health and sleep habits.

Millennia TEA

Seed Round in 2019
Millennia TEA, founded in 2016 and based in Saint John, Canada, specializes in the production and sale of a unique category of tea known as Fresh-leaf. The company is dedicated to promoting health and well-being through its antioxidant-rich teas, which are designed to enhance clarity, focus, and energy. Millennia TEA employs a distinct method of processing, where tea leaves are picked, washed, and flash-frozen rather than heated and dried. This technique preserves the leaves' natural properties, which are believed to aid in reducing inflammation and supporting a robust immune system. By offering nutrient-rich teas, Millennia TEA aims to contribute to consumers' overall health and happiness. The company's products are available both in physical stores and online.

Breather Products

Series D in 2019
Breather Products Inc. is a company that specializes in providing on-demand private workspaces designed for productivity. Founded in 2012 and headquartered in Montreal, Canada, Breather has established a network of flexible office spaces available for reservation via its web and mobile applications. The company's offerings allow clients to rent spaces by the hour, day, or month, catering to various business needs. With locations in major cities, including New York, San Francisco, Los Angeles, Boston, Chicago, Washington, Toronto, Montreal, and London, each workspace is equipped with essential technology to facilitate immediate productivity. Breather aims to create comfortable and private environments that enhance operational efficiency for businesses and corporate clients.

Rize Health

Seed Round in 2019
Rize Health operates a virtual marketplace and patient management platform for clinical trials, connecting patients with suitable studies and enabling digital participation. The platform supports onboarding, scheduling, and remote data capture to streamline enrollment and reduce dropout rates for researchers, while improving trial efficiency. Headquartered in London, Ontario, the company focuses on patient engagement through a patient-centric interface that matches individuals to appropriate trials.

Zennea Technologies

Convertible Note in 2019
Zennea Technologies is a medical device company based in Surrey, Canada, specializing in the development of therapeutic wearables aimed at reducing snoring and improving overall health through enhanced sleep quality. The company's flagship product, ZENS, is a comfortable and discreet sleep wearable that targets the root cause of snoring, thereby assisting individuals with chronic snoring and mild obstructive sleep apnea. Zennea conducts clinical trials to validate the efficacy of its device, which not only helps reduce snoring but also tracks sleep quality, providing valuable insights for users to make informed decisions about their health and sleep habits.

ShapeMeasure

Pre Seed Round in 2019
ShapeMeasure is a Vancouver-based company that specializes in developing and distributing automated measuring and cutting tools for the construction industry. Their innovative solutions enable precise measurement and cutting of flooring materials, such as hardwood, laminate, and vinyl, streamlining the construction process. By facilitating accurate measurements and layouts, ShapeMeasure simplifies tasks that were previously complex, allowing users to perform these operations with ease and efficiency. The company also offers an online shopping platform for its range of products, making it accessible for customers in need of high-quality construction tools.

DropGenie

Seed Round in 2019
Founded in Montreal, Canada in 2018, DropGenie is a biotechnology company specializing in automated genetic engineering. It offers a platform that uses microfluidics technology to miniaturize and automate complex synthetic biology workflows, enabling scientists to make changes to genomes efficiently while reducing costs and improving standardization and reproducibility.

Avidbots Corp.

Series B in 2019
Avidbots Corp., founded in 2014 and based in Ottawa, Canada, develops autonomous commercial floor cleaning robots. Its flagship product, NEO, uses laser mapping technology to efficiently clean various spaces such as airports, retail malls, hospitals, and warehouses across seven countries.

Spindle Biotech

Seed Round in 2019
Spindle Biotech Inc., founded in 2017 and headquartered in Toronto, Canada, specializes in the development and commercialization of synthetic RNA technologies. The company focuses on a proprietary RNA polymerase that enhances large-scale mRNA vaccine production, reflecting the increasing relevance of synthetic RNA in biotechnological applications. Leveraging advances in mRNA technology, Spindle Biotech aims to facilitate high-throughput ribonucleoprotein (RNP)-based CRISPR and RNA screening. Utilizing advanced enzymes and microfluidic technology, it creates RNA arrays with high fidelity, which are vital for gene-editing and drug discovery initiatives. Through these innovations, Spindle Biotech seeks to support biotechnology companies in harnessing the transformative potential of synthetic RNA.

Zennea Technologies

Convertible Note in 2019
Zennea Technologies is a medical device company based in Surrey, Canada, specializing in the development of therapeutic wearables aimed at reducing snoring and improving overall health through enhanced sleep quality. The company's flagship product, ZENS, is a comfortable and discreet sleep wearable that targets the root cause of snoring, thereby assisting individuals with chronic snoring and mild obstructive sleep apnea. Zennea conducts clinical trials to validate the efficacy of its device, which not only helps reduce snoring but also tracks sleep quality, providing valuable insights for users to make informed decisions about their health and sleep habits.

Wastack

Seed Round in 2018
Wastack, established in 2016 and headquartered in Montreal, Quebec, specializes in waste management technology. The company develops camera software and devices that analyze waste streams at transfer stations and landfills, helping identify contaminants and optimize recycling processes. This enables clients to enhance their recycling rates and generate additional revenue. In 2024, Wastack was acquired by Dover Corporation based in the United States.

NeuroQore

Convertible Note in 2018
NeuroQore, Inc. is a Canadian company based in Ottawa, founded in 2012, that specializes in developing innovative neuromodulation treatment systems aimed at addressing treatment-resistant depression and related neurobehavioral conditions. The company's flagship product is a monophasic repetitive transcranial magnetic stimulation system that utilizes a unique semiconductor switch to emit a novel magnetic pulse. This technology is designed to help patients overcome challenges associated with major depressive disorder and suicidality, ultimately improving their quality of life. NeuroQore collaborates with leading universities and research clinics globally, reflecting its commitment to advancing the field of neuromodulation and transforming the lives of those affected by these debilitating disorders.

HITCH Tech

Seed Round in 2018
Founded in 2018 and based in Kitchener, Canada, HITCH Tech Inc. develops an educational video platform tailored for African schools. It creates battery-powered video hotspots that store educational videos offline, allowing students to access them regardless of power or internet connectivity.

Forward Robotics

Seed Round in 2018
Forward Robotics specializes in developing heavy-lift, long-range cargo drones equipped with proprietary avionics and control software. The company aims to revolutionize supply chain logistics by offering on-demand distribution solutions through its DroneLink technology.

Trendy Butler

Series A in 2018
Trendy Butler is a men’s apparel subscription service that curates and ships monthly boxes valued at up to $150 for a fixed subscription price. Each box is assembled to fit the customer’s style preferences, sizes, and personal profile, using partnerships with contemporary brands to supply a range of clothing and accessories. The offering includes shirts, pants, outerwear, sweaters, hoodies, and related items, enabling subscribers to refresh their wardrobe while enjoying predictable pricing. The service uses technology to tailor selections and deliver quality fashion at a competitive price. Trendy Butler serves customers across the United States, including Alaska and Hawaii, and Canada. The company was founded in 2013 and is based in Woodland Hills, California.

MGI Pacific

Seed Round in 2018
MGI Pacific is a real estate private equity firm specializing in raising debt and equity capital for opportunistic development projects in Canada, the United States, Greater China, and select other regions. The firm employs a bottoms-up approach to identify specific investment opportunities, leveraging proprietary data sets and algorithms to pinpoint promising sectors and geographies. MGI Pacific prioritizes its clients' interests, continuously adapting to their evolving needs by developing new services. Recognizing the dynamic nature of the global real estate market, the company emphasizes proactive management to generate alpha and help clients achieve their long-term objectives.

Zennea Technologies

Pre Seed Round in 2018
Zennea Technologies is a medical device company based in Surrey, Canada, specializing in the development of therapeutic wearables aimed at reducing snoring and improving overall health through enhanced sleep quality. The company's flagship product, ZENS, is a comfortable and discreet sleep wearable that targets the root cause of snoring, thereby assisting individuals with chronic snoring and mild obstructive sleep apnea. Zennea conducts clinical trials to validate the efficacy of its device, which not only helps reduce snoring but also tracks sleep quality, providing valuable insights for users to make informed decisions about their health and sleep habits.

ShapeMeasure

Angel Round in 2018
ShapeMeasure is a Vancouver-based company that specializes in developing and distributing automated measuring and cutting tools for the construction industry. Their innovative solutions enable precise measurement and cutting of flooring materials, such as hardwood, laminate, and vinyl, streamlining the construction process. By facilitating accurate measurements and layouts, ShapeMeasure simplifies tasks that were previously complex, allowing users to perform these operations with ease and efficiency. The company also offers an online shopping platform for its range of products, making it accessible for customers in need of high-quality construction tools.

EIO Diagnostics

Convertible Note in 2018
EIO Diagnostics Inc. is a Canadian company specializing in udder health technology for dairy farming. Founded in 2017 and based in Duncan, it develops the FirstLook Mastitis detection system, which aims to prevent mastitis infections in dairy animals. The system employs a multispectral sensor installed at the entrance of the milk parlor to capture images of the udder as cows enter, enabling early detection of infection indicators through advanced infrared image analysis and computer vision. This technology automates the screening process, allowing farmers to monitor udder health efficiently, reduce labor costs, and enhance milk quality.

Avidbots Corp.

Seed Round in 2018
Avidbots Corp., founded in 2014 and based in Ottawa, Canada, develops autonomous commercial floor cleaning robots. Its flagship product, NEO, uses laser mapping technology to efficiently clean various spaces such as airports, retail malls, hospitals, and warehouses across seven countries.

EIO Diagnostics

Seed Round in 2017
EIO Diagnostics Inc. is a Canadian company specializing in udder health technology for dairy farming. Founded in 2017 and based in Duncan, it develops the FirstLook Mastitis detection system, which aims to prevent mastitis infections in dairy animals. The system employs a multispectral sensor installed at the entrance of the milk parlor to capture images of the udder as cows enter, enabling early detection of infection indicators through advanced infrared image analysis and computer vision. This technology automates the screening process, allowing farmers to monitor udder health efficiently, reduce labor costs, and enhance milk quality.

Morfus Mixed Reality

Seed Round in 2017
Morfus Mixed Reality Inc. is a Vancouver-based company founded in 2016 that specializes in virtual reality technology. It provides innovative devices and software designed for architects, designers, and developers, enabling them to create, preview, and plan infrastructure projects. The company focuses on transforming 3D models and floor plans into immersive experiences accessible on mobile platforms. In addition to offering remote planning and collaboration tools, Morfus Mixed Reality also delivers customized devices and applications, along with project management solutions to enhance the design and construction process.

Mobio Interactive

Pre Seed Round in 2017
Mobio Interactive is a digital health company that develops tools for performance and health improvement in consumer and clinical populations. It offers an AI-powered digital theragnostic platform that delivers clinically validated psychotherapy programs personalized to each patient using digital biomarkers to quantify brain states without relying on wearables. Its mobile health stack enables private, remote delivery of therapy across multiple indications. The company also provides mindfulness applications Am Mindfulness, Wildflowers Mindfulness, and Actify Mindfulness that deliver medical-grade mindfulness training and objectively assess efficacy through mood, stress, and physiological signals captured by computer vision, such as heart rate, heart rate variability, breathing rate, and relative oxygen saturation. Founded in 2014, Mobio Interactive is headquartered in Toronto with offices in Zurich and Shanghai.

Proteorex Therapeutics

Seed Round in 2017
Proteorex Therapeutics Inc. is a biotechnology company focused on developing innovative therapeutics for diseases with significant unmet medical needs. Founded in 2014 and based in Toronto, Canada, the company specializes in manufacturing small molecule drugs that target challenging diseases. Utilizing a proprietary platform technology, Proteorex integrates novel synthesis design strategies, computational modeling, and patient-derived cell-based screening to identify and develop new lead compounds. This approach enables the company to unlock druggable targets that have previously been considered undruggable, particularly in the field of oncology. Proteorex also maintains an office in San Francisco, further enhancing its capabilities in drug discovery and development.

Canuevo Biotech

Pre Seed Round in 2017
Canuevo Biotech Inc. specializes in the development of cannabinoid (CBD) formulations and innovative drug delivery mechanisms aimed at enhancing the efficacy of these products. Founded in 2017 and headquartered in Fredericton, Canada, the company designs custom vessels for encapsulated CBD, offering a range of products, including skin creams and tablets. Canuevo's formulations target various neurological and movement disorders, such as epilepsy, Parkinson’s disease, and Alzheimer’s, as well as chronic inflammation and childhood disorders. The company also addresses the challenges of standardization and acceptance of cannabis-derived medications within the medical community, focusing on conditions like irritable bowel syndrome and pain regulation. Canuevo Biotech sells its products online, aiming to provide effective solutions for patients in need.

Chinova Bioworks

Convertible Note in 2017
Chinova Bioworks develops natural antimicrobial solutions based on a chitosan polymer derived from fungal-sourced technology, offering broad-spectrum protection to extend the shelf life of juices and other products. The company targets the beverage industry and broader markets, including foods, cosmetics, and personal care items, with a natural preservative designed to reduce spoilage and waste. Founded in 2016 and based in Fredericton, Canada.

Chinova Bioworks

Pre Seed Round in 2017
Chinova Bioworks develops natural antimicrobial solutions based on a chitosan polymer derived from fungal-sourced technology, offering broad-spectrum protection to extend the shelf life of juices and other products. The company targets the beverage industry and broader markets, including foods, cosmetics, and personal care items, with a natural preservative designed to reduce spoilage and waste. Founded in 2016 and based in Fredericton, Canada.

Trendy Butler

Convertible Note in 2016
Trendy Butler is a men’s apparel subscription service that curates and ships monthly boxes valued at up to $150 for a fixed subscription price. Each box is assembled to fit the customer’s style preferences, sizes, and personal profile, using partnerships with contemporary brands to supply a range of clothing and accessories. The offering includes shirts, pants, outerwear, sweaters, hoodies, and related items, enabling subscribers to refresh their wardrobe while enjoying predictable pricing. The service uses technology to tailor selections and deliver quality fashion at a competitive price. Trendy Butler serves customers across the United States, including Alaska and Hawaii, and Canada. The company was founded in 2013 and is based in Woodland Hills, California.

NeuroQore

Convertible Note in 2016
NeuroQore, Inc. is a Canadian company based in Ottawa, founded in 2012, that specializes in developing innovative neuromodulation treatment systems aimed at addressing treatment-resistant depression and related neurobehavioral conditions. The company's flagship product is a monophasic repetitive transcranial magnetic stimulation system that utilizes a unique semiconductor switch to emit a novel magnetic pulse. This technology is designed to help patients overcome challenges associated with major depressive disorder and suicidality, ultimately improving their quality of life. NeuroQore collaborates with leading universities and research clinics globally, reflecting its commitment to advancing the field of neuromodulation and transforming the lives of those affected by these debilitating disorders.

NeuroQore

Seed Round in 2016
NeuroQore, Inc. is a Canadian company based in Ottawa, founded in 2012, that specializes in developing innovative neuromodulation treatment systems aimed at addressing treatment-resistant depression and related neurobehavioral conditions. The company's flagship product is a monophasic repetitive transcranial magnetic stimulation system that utilizes a unique semiconductor switch to emit a novel magnetic pulse. This technology is designed to help patients overcome challenges associated with major depressive disorder and suicidality, ultimately improving their quality of life. NeuroQore collaborates with leading universities and research clinics globally, reflecting its commitment to advancing the field of neuromodulation and transforming the lives of those affected by these debilitating disorders.

Ranomics

Seed Round in 2016
Ranomics is a biotechnology company that builds a comprehensive database of rare genetic variations and their associated disease risks to support interpretation of genetic data. Founded in 2015 and headquartered in San Francisco, with a location in Toronto, it provides tools to access and integrate genomic information, including RanomicsDB, a query interface with VCF support, and Ranomics API, a developer-friendly API that enables variant interpretation software to incorporate its data into existing pipelines. The company serves healthcare professionals and software developers, enabling cost-effective and rapid insights into genetic variation and health predictions to inform drug discovery, genomics screening, and personalized health decisions.

Tapplock

Seed Round in 2016
Tapplock designs and markets smart fingerprint padlocks that store up to 500 fingerprints per lock and can be unlocked by fingerprint, smartphone, or backup morse-code. The devices are managed via the Tapplock app, which enables sharing and revoking access for multiple users. The company targets both consumers and enterprise clients with a fast, easy, and secure locking system backed by a biometric sensor and encrypted smartphone integration. The exterior is tempered martensitic stainless steel with a sleek finish, and certain models include a built-in phone charger. Founded in 2016 and based in Toronto, Canada, Tapplock emphasizes straightforward access control through the app in addition to traditional physical unlock methods.

Cell Reserves

Seed Round in 2016
Cell Reserves is a Canadian biopharmaceutical company specializing in the development of protein and peptide-based therapeutics. It employs molecular shields to enhance the bio-availability and longevity of these therapies, aiming to improve treatment outcomes for autoimmune diseases and excessive inflammation.

Chinova Bioworks

Seed Round in 2016
Chinova Bioworks develops natural antimicrobial solutions based on a chitosan polymer derived from fungal-sourced technology, offering broad-spectrum protection to extend the shelf life of juices and other products. The company targets the beverage industry and broader markets, including foods, cosmetics, and personal care items, with a natural preservative designed to reduce spoilage and waste. Founded in 2016 and based in Fredericton, Canada.

Qidni Labs

Pre Seed Round in 2016
Qidni Labs develops innovative renal replacement therapies. Based in Kitchener, Canada, the company focuses on creating portable dialysis technologies that are nearly waterless and battery-powered, aiming to enhance accessibility for kidney failure patients worldwide.

Ardra Bio

Seed Round in 2016
Ardra Inc. is a renewable chemicals company based in Toronto, Canada, specializing in the production of petroleum-free specialty chemicals for the personal care and cosmetics industry. Utilizing technology developed at the University of Toronto, Ardra employs model-guided metabolic engineering and synthetic biology to create biocatalysts that convert renewable resources into essential chemicals. The company's flagship product is 1,3-butanediol, a sustainable alternative to petroleum-based counterparts, which is utilized in various applications including cosmetics, food, polymers, and pharmaceuticals. With the cosmetics sector relying heavily on petroleum chemicals, valued at approximately $2.6 billion, Ardra aims to provide environmentally friendly solutions that stabilize and sustain the supply chain while reducing ecological impact.

MGI Pacific

Seed Round in 2016
MGI Pacific is a real estate private equity firm specializing in raising debt and equity capital for opportunistic development projects in Canada, the United States, Greater China, and select other regions. The firm employs a bottoms-up approach to identify specific investment opportunities, leveraging proprietary data sets and algorithms to pinpoint promising sectors and geographies. MGI Pacific prioritizes its clients' interests, continuously adapting to their evolving needs by developing new services. Recognizing the dynamic nature of the global real estate market, the company emphasizes proactive management to generate alpha and help clients achieve their long-term objectives.

Avidbots Corp.

Seed Round in 2016
Avidbots Corp., founded in 2014 and based in Ottawa, Canada, develops autonomous commercial floor cleaning robots. Its flagship product, NEO, uses laser mapping technology to efficiently clean various spaces such as airports, retail malls, hospitals, and warehouses across seven countries.

Trendy Butler

Debt Financing in 2016
Trendy Butler is a men’s apparel subscription service that curates and ships monthly boxes valued at up to $150 for a fixed subscription price. Each box is assembled to fit the customer’s style preferences, sizes, and personal profile, using partnerships with contemporary brands to supply a range of clothing and accessories. The offering includes shirts, pants, outerwear, sweaters, hoodies, and related items, enabling subscribers to refresh their wardrobe while enjoying predictable pricing. The service uses technology to tailor selections and deliver quality fashion at a competitive price. Trendy Butler serves customers across the United States, including Alaska and Hawaii, and Canada. The company was founded in 2013 and is based in Woodland Hills, California.

Trendy Butler

Convertible Note in 2015
Trendy Butler is a men’s apparel subscription service that curates and ships monthly boxes valued at up to $150 for a fixed subscription price. Each box is assembled to fit the customer’s style preferences, sizes, and personal profile, using partnerships with contemporary brands to supply a range of clothing and accessories. The offering includes shirts, pants, outerwear, sweaters, hoodies, and related items, enabling subscribers to refresh their wardrobe while enjoying predictable pricing. The service uses technology to tailor selections and deliver quality fashion at a competitive price. Trendy Butler serves customers across the United States, including Alaska and Hawaii, and Canada. The company was founded in 2013 and is based in Woodland Hills, California.

Breather Products

Series B in 2015
Breather Products Inc. is a company that specializes in providing on-demand private workspaces designed for productivity. Founded in 2012 and headquartered in Montreal, Canada, Breather has established a network of flexible office spaces available for reservation via its web and mobile applications. The company's offerings allow clients to rent spaces by the hour, day, or month, catering to various business needs. With locations in major cities, including New York, San Francisco, Los Angeles, Boston, Chicago, Washington, Toronto, Montreal, and London, each workspace is equipped with essential technology to facilitate immediate productivity. Breather aims to create comfortable and private environments that enhance operational efficiency for businesses and corporate clients.

Crema

Seed Round in 2015
Crema is a Montreal-based company founded in 2014 that operates a digital loyalty program specifically designed for coffee shops. The platform allows users to discover local coffee shops, purchase coffee, and earn rewards through an application that can be accessed via Facebook or Google accounts. By providing technology similar to that used by larger chains, Crema empowers small independent coffee shops to engage with customers effectively. Users can buy monthly coffee plans redeemable at participating locations and earn crema points with each new order, enhancing their overall coffee experience and promoting customer loyalty within the community.

Ranomics

Pre Seed Round in 2015
Ranomics is a biotechnology company that builds a comprehensive database of rare genetic variations and their associated disease risks to support interpretation of genetic data. Founded in 2015 and headquartered in San Francisco, with a location in Toronto, it provides tools to access and integrate genomic information, including RanomicsDB, a query interface with VCF support, and Ranomics API, a developer-friendly API that enables variant interpretation software to incorporate its data into existing pipelines. The company serves healthcare professionals and software developers, enabling cost-effective and rapid insights into genetic variation and health predictions to inform drug discovery, genomics screening, and personalized health decisions.

Synbiota

Seed Round in 2014
Synbiota Inc. is a biotechnology company that specializes in developing a DNA prototyping platform designed to facilitate the creation of genetic circuits. Founded in 2013 and based in Toronto, Canada, Synbiota offers a web-based DNA design software that enables users to conceptualize genetic constructs before assembling them. Additionally, the company provides an electronic lab book, allowing users to document their research as they design, build, test, and refine their projects. By virtualizing the entire research and development pipeline, Synbiota significantly lowers the barriers to entry for creating innovative life science products, empowering individuals with access to biotechnology to develop groundbreaking applications in fields such as medicine, materials, food, and fuel.

Avidbots Corp.

Pre Seed Round in 2014
Avidbots Corp., founded in 2014 and based in Ottawa, Canada, develops autonomous commercial floor cleaning robots. Its flagship product, NEO, uses laser mapping technology to efficiently clean various spaces such as airports, retail malls, hospitals, and warehouses across seven countries.

Breather Products

Seed Round in 2013
Breather Products Inc. is a company that specializes in providing on-demand private workspaces designed for productivity. Founded in 2012 and headquartered in Montreal, Canada, Breather has established a network of flexible office spaces available for reservation via its web and mobile applications. The company's offerings allow clients to rent spaces by the hour, day, or month, catering to various business needs. With locations in major cities, including New York, San Francisco, Los Angeles, Boston, Chicago, Washington, Toronto, Montreal, and London, each workspace is equipped with essential technology to facilitate immediate productivity. Breather aims to create comfortable and private environments that enhance operational efficiency for businesses and corporate clients.
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