WUTIF Capital

WUTIF Capital Inc. is an angel fund based in Vancouver, Canada, established in 2003. The fund focuses on co-investing alongside angel investors in promising technology ventures primarily located in British Columbia. Since making its first investments in late 2004, WUTIF has concentrated on companies operating in various sectors, including communications and information technology, health and life sciences, physical sciences, energy, and fuel cells. Through its investment strategy, WUTIF aims to support the growth of innovative startups in these areas.

Michael Volker

President

Past deals in Vancouver

Lucent Biosciences

Seed Round in 2021
Lucent Biosciences specializes in the development of innovative biofertilizers aimed at enhancing agricultural sustainability. The company offers a unique class of micronutrient fertilizers that promote higher crop yields and nutrient levels while being environmentally friendly. Their products are designed to improve soil health and sequester carbon, contributing to climate-positive farming practices. By utilizing sustainable bioactive crop nutrition, Lucent Biosciences enables farmers to cultivate nutrient-dense crops without polluting groundwater, thereby supporting regenerative agriculture and reducing overall costs per hectare.

Pocketed

Seed Round in 2021
Pocketed aims to help eliminate financial barriers for entrepreneurs through its platform, which connects businesses to eligible grants and tax credits, and helps them apply for these opportunities through its marketplace.

LifeBooster

Series A in 2021
LifeBooster is a predictive analytics company focused on health and safety, utilizing wearable technology to help self-insured industrial workforces reduce preventable workplace injuries. Their primary offering, ErgoSenz, consists of wireless motion capture sensors and a cloud-based risk analytics engine. This system enables health and safety professionals to identify and assess risk factors associated with musculoskeletal disorders (MSDs), which account for a significant percentage of workplace injuries and result in substantial financial costs to businesses. ErgoSenz provides an objective evaluation of workforce biomechanics, allowing companies to tailor training and risk mitigation strategies to specific needs. In addition to proactive injury prevention, the system facilitates comprehensive incident analysis, enabling safety professionals to reconstruct events surrounding injuries. By shifting the focus from reactive to proactive health and safety measures, LifeBooster aims to eliminate preventable injuries in the workplace.

Apera AI

Seed Round in 2020
Developer of a 4D vision technology designed to provide industrial robotics operations and automation. The company's technology helps robots, automated guided vehicles, and personal robots to perform complex tasks with a human-like 3D vision based on vision intelligence, and motion intelligence, enabling clients to have enhanced capacity of robotic systems, increased efficiencies, reduced downtime, and instant ROI.

Arbutus Medical

Seed Round in 2020
Arbutus Medical Inc. is a Vancouver-based company that develops and manufactures affordable surgical power tools aimed at improving access to orthopedic surgery. Founded in 2014, the company offers a range of products, including orthopedic surgical tools, drill kits, skeleton traction kits, and training courses. Their flagship product is a cost-effective orthopedic power tool system designed to address the rising healthcare costs faced by hospitals. This innovative system is utilized in North American trauma centers, veterinary hospitals, military deployments, and non-governmental organization missions, as well as in over 30 low- and middle-income countries. Arbutus Medical aims to enhance healthcare accessibility for an estimated five million patients by 2030 through its commitment to "frugal innovation." Customer support is provided through phone, email, and an online application, ensuring comprehensive assistance for all inquiries.

Lucent Biosciences

Seed Round in 2020
Lucent Biosciences specializes in the development of innovative biofertilizers aimed at enhancing agricultural sustainability. The company offers a unique class of micronutrient fertilizers that promote higher crop yields and nutrient levels while being environmentally friendly. Their products are designed to improve soil health and sequester carbon, contributing to climate-positive farming practices. By utilizing sustainable bioactive crop nutrition, Lucent Biosciences enables farmers to cultivate nutrient-dense crops without polluting groundwater, thereby supporting regenerative agriculture and reducing overall costs per hectare.

UmbraCity

Seed Round in 2020
UmbraCity operates an umbrella sharing network that utilizes fully automated rental kiosks positioned in high-traffic areas. This innovative service allows customers to conveniently rent umbrellas, providing a practical solution for staying dry in inclement weather. In addition to its rental service, UmbraCity serves as a unique marketing platform, leveraging its kiosks to offer advertising opportunities in urban environments. By combining amenity services with an advertising medium, the company enhances the user experience while generating visibility for brands in busy city locations.

LifeBooster

Seed Round in 2020
LifeBooster is a predictive analytics company focused on health and safety, utilizing wearable technology to help self-insured industrial workforces reduce preventable workplace injuries. Their primary offering, ErgoSenz, consists of wireless motion capture sensors and a cloud-based risk analytics engine. This system enables health and safety professionals to identify and assess risk factors associated with musculoskeletal disorders (MSDs), which account for a significant percentage of workplace injuries and result in substantial financial costs to businesses. ErgoSenz provides an objective evaluation of workforce biomechanics, allowing companies to tailor training and risk mitigation strategies to specific needs. In addition to proactive injury prevention, the system facilitates comprehensive incident analysis, enabling safety professionals to reconstruct events surrounding injuries. By shifting the focus from reactive to proactive health and safety measures, LifeBooster aims to eliminate preventable injuries in the workplace.

Netskrt

Seed Round in 2020
Netskrt revolutionizes the Internet experience by extending the reach of internet video to the outskirts of the network. Traditionally, rail and air passengers have limited access to the internet content they want to watch. With the Netskrt mCDN, they can use their existing internet video subscriptions just like they do at home.

A&K Robotics

Seed Round in 2020
A&K Robotics Inc., founded in 2015 and headquartered in Vancouver, Canada, specializes in designing and building innovative robotic systems. The company focuses on developing intelligent navigation systems that enhance robots' ability to collaborate with humans. A&K Robotics creates electric micro-mobility platforms and self-driving robotic pods, which aim to improve quality of life and promote environmental sustainability. Their products are intended for use in large facilities such as airports, malls, and museums, as well as in crowded urban areas and future smart cities, providing individuals with greater freedom of mobility. Through its advancements in robotic technologies, A&K Robotics seeks to push the boundaries of the industry and explore practical applications that can significantly benefit society.

HAVEN IAQ

Seed Round in 2020
TZOA (pronounced 'zoa')is the creator of Haven, the complete solution to indoor air quality in your home (residential) or building (commercial).

Life360 Innovations

Seed Round in 2020
Manufacturers of medical devices and products intended to distribute urology-related licensed medical devices and products all over Canada. The company's products allow non-surgical personalized self-managed bladder leakage solutions which are inserted into the urethra and control urine leaks, enabling customers to treat their urinary problems with more protection from additional risks of infection.

Human in Motion Robotics

Seed Round in 2020
Human in Motion Robotics

ehsAI

Seed Round in 2020
ehsAI is a next wave compliance technology company that uses artificial intelligence and machine learning to help organizations reduce the cost and risks of permitting and compliance. ehsAI is committed to integrity, diversity and innovation in all its transactions and developing disruptive solutions that transform environmental, health and safety and compliance management for business. ehsAI serves the technology, manufacturing, energy, chemical, construction and retail industries.

Ibbaka

Seed Round in 2020
Ibbaka provides strategic pricing advisory services.

Riipen

Seed Round in 2019
Riipen is an experiential education platform for universities and colleges so that their students graduate with the employable skills and industry connections that will get them relevant employment upon graduation. We connect faculty and students, inside and out of the classroom, to companies that want a more effective and engaging way to create brand awareness and recruit on campuses across the globe.

Starling Minds

Seed Round in 2019
Starling Minds Inc. provides digital mental health therapy. The company also offers disability management, treatment, and absence management services. It offers solutions in the areas of business, disability management, education, healthcare, insurance providers, and workers compensation. The company was founded in 2013 and is based in Vancouver, Canada.

Mesentech

Seed Round in 2019
Mesentech Inc. is a regenerative medicine company based in Vancouver, Canada, that specializes in developing novel drug conjugates for targeted bone therapy. Founded in 2013, the company utilizes a proprietary prodrug platform that selectively delivers therapeutics to bone, addressing challenging medical conditions such as osteoporosis and Duchenne muscular dystrophy. Its lead product, MES1007, is a bone-targeted prodrug of a prostaglandin mimetic designed to reverse bone loss by effectively targeting mesenchymal stem cells. This innovative approach enables the delivery of active pharmaceutical agents directly to the bone, minimizing systemic side effects often associated with high-dose treatments. Pre-clinical in-vivo models have validated the efficacy of Mesentech's technology, positioning the company to advance treatments for low-bone-density disorders and improve outcomes in bone healing and regeneration.

Bio Conscious

Seed Round in 2019
Bio Conscious is a health analytics company focused on proactive disease management and the prevention of complications from chronic conditions, particularly diabetes, which affects 420 million people globally. The company has developed a suite of products that includes Diabits, a consumer app that utilizes machine learning algorithms to predict future blood glucose levels, helping users avoid dangerous highs and lows. This app gathers data from both medical and wearable sensors, allowing for real-time predictions of metabolic states without requiring manual input. For healthcare providers, Bio Conscious offers Endobits, which aggregates data from Diabits to prioritize patient care and improve treatment outcomes. Endobits services are eligible for reimbursement under established CPT codes in the United States, enhancing the feasibility of its integration into existing healthcare practices.

Mesentech

Angel Round in 2019
Mesentech Inc. is a regenerative medicine company based in Vancouver, Canada, that specializes in developing novel drug conjugates for targeted bone therapy. Founded in 2013, the company utilizes a proprietary prodrug platform that selectively delivers therapeutics to bone, addressing challenging medical conditions such as osteoporosis and Duchenne muscular dystrophy. Its lead product, MES1007, is a bone-targeted prodrug of a prostaglandin mimetic designed to reverse bone loss by effectively targeting mesenchymal stem cells. This innovative approach enables the delivery of active pharmaceutical agents directly to the bone, minimizing systemic side effects often associated with high-dose treatments. Pre-clinical in-vivo models have validated the efficacy of Mesentech's technology, positioning the company to advance treatments for low-bone-density disorders and improve outcomes in bone healing and regeneration.

Penny

Seed Round in 2019
Penny AI Technologies Inc. is a Canadian company that develops an intelligent customer relationship management (CRM) application specifically designed for consultants in the direct sales industry. Founded in 2017 and headquartered in Squamish, the firm utilizes artificial intelligence and work automation to enhance client support. Its automation engine prioritizes next steps in the sales process, improving the overall customer experience. Additionally, Penny's technology helps create targeted lists of income-producing activities, thereby streamlining the efforts of direct sales professionals.

Keela

Seed Round in 2019
Keela provides technology solutions tailored for small and medium-sized nonprofit organizations that are often underserved by existing options. The company develops a software platform that enables nonprofits to effectively manage various aspects of their operations, including donor relations, volunteer mobilization, project management, and fundraising campaigns. By offering customizable data features, Keela's tools help organizations gain insights into their donor base, optimize campaigns, and maintain detailed donation records. The platform's design focuses on enhancing efficiency and integration of workflows, ultimately saving time and resources for these impact-driven organizations.

Keycafe

Seed Round in 2019
Keycafe Inc. is a company that offers an online platform for remotely managing access to homes and rental properties, catering primarily to homeowners in Canada. Established in November 2012 and based in Vancouver, Keycafe utilizes software as a service (SaaS) and Internet of Things (IoT) technology to facilitate intelligent property access management. The company's solutions enable users to securely exchange keys, making it easier for property owners and renters to manage access efficiently and conveniently.

Starling Minds

Seed Round in 2018
Starling Minds Inc. provides digital mental health therapy. The company also offers disability management, treatment, and absence management services. It offers solutions in the areas of business, disability management, education, healthcare, insurance providers, and workers compensation. The company was founded in 2013 and is based in Vancouver, Canada.

Careteam Technologies

Seed Round in 2018
Careteam Technologies Inc. is a Canadian company that has developed a personal care platform designed to assist patients and their family caregivers in managing the care of individuals who are acutely ill, recovering, or aging at home. The platform facilitates care coordination by providing a comprehensive care plan accessible through both mobile and web interfaces. This allows healthcare providers, patients, and family caregivers to view all relevant information and communicate securely based on their specific roles. Careteam's solution functions as a virtual binder, enabling patients to access essential health information as they transition between different healthcare settings. The company's primary clients are healthcare organizations responsible for managing the costs associated with home recovery, community care transitions, and aging-in-place scenarios.

Creatus Biosciences

Seed Round in 2018
Creatus Biosciences Inc. engages in the production of genetically engineered species of micro-organism to produce compounds from xylose sugars with applications in industries, such as biofuels and food additives. The company uses genetic engineering techniques that enable micro-organism to produces commercial chemicals with applications across many industrial markets. Creatus Biosciences Inc. was incorporated in 2014 and is based in West Vancouver, Canada.

Riipen

Seed Round in 2018
Riipen is an experiential education platform for universities and colleges so that their students graduate with the employable skills and industry connections that will get them relevant employment upon graduation. We connect faculty and students, inside and out of the classroom, to companies that want a more effective and engaging way to create brand awareness and recruit on campuses across the globe.

SHM Control

Seed Round in 2017
SHM Controls Inc. specializes in developing a smart touch-screen device that manages boilers and hot-water tanks for residential and commercial buildings, including schools and hospitals. Founded in 2011 and headquartered in Vancouver, Canada, the company addresses the rising costs of gas consumption in apartment buildings by offering a solution that allows users to monitor and control their heating systems remotely. The SHM Controller™ utilizes a predictive-adaptive algorithm and a mesh network of wireless sensors, enabling significant energy savings and reducing operating costs. Users can access the system via on-device controls or web and mobile applications, receiving alerts through email and text notifications. This innovative approach combines expertise from real estate, computer engineering, and HVAC technology to meet the market demand for efficient energy management solutions.

ChopValue

Seed Round in 2017
ChopValue is a business focused on recycling disposable chopsticks into sustainable designer products, including furniture and decorative items. The company operates a franchise model that utilizes micro-factories to produce engineered products made entirely from recycled materials. By leveraging locally available resources, ChopValue aims to minimize its environmental footprint while transforming waste into functional homeware and office furnishings. This approach not only promotes sustainability but also provides consumers with handcrafted products at reasonable prices, contributing to a more eco-friendly lifestyle.

CamDo Solutions

Seed Round in 2015
A world class team of engineers focused on enhancing the camera experience with bespoke solutions, having a current focus on GoPro cameras. Product range is broad including Time Lapse, Battery Eliminators, Solar Power Systems, Weather Proof Enclosures, Deep Water Housings, Underwater Wifi Extenders, Bullet Time Slice rigs etc. Customer base across the world ranging from consumers through to Google, NASA and National Geographic. We believe that every instance of photography and videography has it’s own flavour. We believe professionals and businesses should be able to capture unique and difficult footage. Our passion is developing adaptable solutions to go beyond camera limits and do more!

Wantering

Seed Round in 2012
Wantering operates an online fashion discovery platform to help users find clothes. It shows the fashion blogs and social networks into a digest of the most interesting fashion products on the web. The company is based in Vancouver, Canada. As of November 24, 2015, Wantering operates as a subsidiary of Clique Media, Inc.

Good Natured Products

Seed Round in 2011
Good Natured Products Inc specializes in manufacturing and distributing a wide range of eco-friendly products made from renewable, plant-based materials. The company's portfolio includes over 400 items categorized into five main business groups: General Merchandise, Packaging, Industrial, Commercial Supplies, and Services. Good Natured focuses on providing products that are free from harmful chemicals, such as BPAs and phthalates, promoting both environmental sustainability and consumer health. Its offerings encompass home and business products, food packaging, restaurant containers, as well as medical and industrial supplies. The company distributes its products through various channels, including wholesale, direct-to-business, and retail, aiming to drive sales while minimizing waste and reducing environmental impact.

LightIntegra Technology Inc.

Seed Round in 2009
LightIntegra Technology Inc. is a medical diagnostics company based in Vancouver, Canada, established in 2009. It specializes in developing innovative diagnostic solutions to enhance platelet quality and reduce complications associated with blood transfusions, particularly in cancer patients. The flagship product, ThromboLUX, is an in-vitro diagnostic test that delivers both qualitative and quantitative assessments of microparticle content in platelet samples. This rapid test identifies the size distribution of microparticles, which is critical for determining the suitability of platelet units for various medical applications, including prophylactic and therapeutic uses. Additionally, LightIntegra offers control kits and ThromboSight, a software tool that facilitates the analysis of test results. The company's technology leverages advancements in dynamic light scattering and laser optics to provide a safe, efficient, and straightforward diagnostic approach for evaluating platelet function and quality.

Augurex

Seed Round in 2007
Augurex Life Sciences is a biotechnology company based in Vancouver, focused on developing biomarkers to enhance patient clinical management and improve disease outcomes. The company specializes in proprietary blood tests that utilize point-of-care technology. These tests are designed to connect with disease-specific applications and electronic health records, allowing healthcare providers to personalize clinical decision-making and optimize patient management. By leveraging innovative biomarker research, Augurex aims to transform the way diseases are monitored and treated, ultimately leading to better health outcomes for patients.

MailChannels

Seed Round in 2007
MailChannels Corporation provides email filtering and email delivery solutions to meet the challenges of IP blacklisting and spam issues. It offers MailChannels Cloud, an email relay service that identifies spammers within a network to improve email reputation and reliability of email delivery; and MailChannels Dedicated, a carrier-grade software that blocks the delivery of spam from a network to the Internet. The company caters to shared hosting, dedicated hosting, VPS hosting, cloud hosting, and Internet service providers. Its clientele include Enom, Arvixe, SendGrid, SherWeb, and Hostwinds. MailChannels Corporation was founded in 2004 and is based in Vancouver, Canada.

Aprio

Seed Round in 2005
Aprio Inc. develops a board portal software designed to facilitate efficient board meetings and enhance communication among directors. The platform offers features such as automated agenda creation and user-friendly tools for managing director and committee memberships. It also provides reporting capabilities to monitor board activity, ensuring that organizations maintain secure and transparent governance. Serving a diverse clientele that includes credit unions, financial institutions, corporations, non-profits, and public companies across North America, Aprio aims to simplify good governance for organizations of all sizes. Founded in 2003 and based in Vancouver, Canada, Aprio is recognized for delivering exceptional customer experiences in the board management software industry.

Actenum

Seed Round in 2005
Actenum optimized schedule software turns upstream oil and gas operations scheduling from a painstaking manual task.

Zymeworks

Seed Round in 2005
Zymeworks Inc. is a clinical-stage biopharmaceutical company based in Vancouver, Canada, that specializes in the discovery, development, and commercialization of biotherapeutics, primarily for cancer treatment. The company’s leading candidates include ZW25, a bispecific antibody currently undergoing Phase I and II clinical trials targeting various cancers, and ZW49, a bispecific antibody-drug conjugate in Phase I trials for advanced HER2-expressing cancers. Zymeworks employs advanced computational biotechnology techniques, utilizing proprietary molecular modeling and high-performance computing to optimize therapeutic antibodies and other protein-based therapeutics. The company has established strategic partnerships and collaborations with several major pharmaceutical firms, including Merck, Eli Lilly, and Bristol-Myers Squibb, among others, to enhance its research and development efforts. Founded in 2003, Zymeworks continues to focus on developing innovative solutions for cancer and other serious diseases.
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