BDC Capital

Hexoskin develops smart clothing designed for health, fitness, and wellness. The company specializes in body-worn sensing technologies that incorporate sensors to capture various body metrics, including cardiorespiratory activity, physical activity, and sleep patterns. These metrics are transmitted in real-time to smartphones, allowing users to monitor their health status continuously. Hexoskin's garments facilitate the sharing of health data online, enabling digital health management and predictive health analytics through an integrated platform that communicates with various applications. This innovative approach empowers customers to take control of their health and wellness.

Maxa AI provides enterprise AI software that enhances financial and operational performance for mid-sized and large organizations. Its platform runs alongside existing ERP and transactional systems, using machine learning to monitor, forecast, and optimize financial data and to convert siloed information into actionable insights. It delivers hyper-automation with a standardized semantic layer within the Snowflake Data Cloud, enabling automatic generation of insights at lower cost while supporting past, present, and future analytics. The result is a unified tool for financial and operational decision-making that helps businesses gain faster, deeper visibility into performance.

Founded in 2004, Ambyint specializes in artificial lift optimization solutions for the oil and gas industry. Its flagship product, the Ambyint Production Optimization Platform, combines advanced physics-based analytics with AI to automate operations, enhance production, reduce operating costs, and predict failures across various well types.

GHGSat specializes in global emissions monitoring services using proprietary remote-sensing technology. It measures greenhouse gas, air quality gas, and other trace gas emissions from industrial facilities worldwide, providing actionable insights for businesses to make strategic decisions towards sustainability.

DarwinAI Corp. is a Canadian company that specializes in artificial intelligence technology, particularly in the development of deep neural networks for enterprise applications. Founded in 2017 and based in Waterloo, the company offers GenSynth, a software platform designed for developers and data scientists to streamline the deep learning development process. GenSynth employs generative synthesis technology, allowing for the automatic creation of optimized, explainable AI models that meet specific performance criteria while ensuring transparency throughout the development stages. Additionally, DarwinAI has developed an AI-powered visual quality inspection system aimed at enhancing the PCBA manufacturing lifecycle. This system leverages specialized optics and advanced algorithms to detect defects in products, improving quality and consistency while reducing costs for manufacturers.

Founded in 2016, Symend is a global leader in digital debt recovery solutions. It empowers enterprises across financial services, telecommunications, and utilities sectors to optimize collection effectiveness through personalized engagements driven by applied behavioral science and AI.

Periculum develops an advanced data intelligence platform that leverages artificial intelligence and machine learning models. This platform processes large datasets, extracts meaningful insights, and automates data-driven workflows to enhance efficiency, optimize operations, and facilitate informed strategic decisions.

Noze specializes in digital odor perception technology, aiming to replicate the human sense of smell digitally. Utilizing advanced machine learning and an innovative sensor based on NASA technology, Noze detects and identifies odors with precision. Their primary goal is to improve patient outcomes by enabling real-time disease detection through breath-based biomarkers at any point-of-care.

PathFactory is a B2B content insight and activation platform that helps marketers deliver relevant content throughout the buyer’s journey. The platform enables on-demand, binge-worthy content experiences and tracks each buyer’s consumption to provide hyper-relevant, real-time content recommendations, accelerating the buying process and improving lead quality. By analyzing how content influences the path to purchase, PathFactory delivers actionable insights and signals about content performance across channels, enabling enterprises to optimize content delivery and measure its impact on revenue. Founded in 2012 and based in Toronto, Canada, PathFactory supports marketers seeking to shorten sales cycles and increase the efficiency of content-driven demand generation.

SkyWatch is a company that offers a digital infrastructure for the distribution of Earth observation data and derived intelligence. Founded in 2014 and headquartered in Waterloo, Ontario, it has developed a satellite data intelligence platform that aims to make satellite data accessible to a wide range of users. The platform enables developers to integrate Earth observation data into their applications and workflows efficiently, supporting various applications such as crop monitoring, market prediction, tracking of ships and airplanes, and measuring global warming. By providing tools for data analysis and access to remote sensing datasets, SkyWatch empowers users to leverage satellite data for diverse purposes.

Founded in 2016, Symend is a global leader in digital debt recovery solutions. It empowers enterprises across financial services, telecommunications, and utilities sectors to optimize collection effectiveness through personalized engagements driven by applied behavioral science and AI.

Aifred Health Inc. is a Montreal-based company that specializes in developing a deep-learning clinical decision support tool aimed at enhancing personalized medicine in psychiatry. Founded in 2017, Aifred Health addresses the challenges associated with the traditional trial-and-error approach to treatment selection for mental health, particularly in depression, which is a leading cause of medical impairment worldwide. The company's application software provides features such as treatment prediction, interpretability, and patient data tracking, enabling physicians to make informed decisions tailored to individual patients. By processing de-identified data, Aifred Health's AI model facilitates personalized therapeutic choices, thereby improving the likelihood of effective treatment outcomes for patients who often do not respond to initial interventions.

Canvass AI offers an AI-driven platform tailored for Industrial Operations. It empowers operators to enhance product quality, optimize processes, and reduce energy consumption in their daily tasks.

Klue is a B2B SaaS company that specializes in market and competitive intelligence, founded in 2015 by Jason Smith and Sarathy Naicker, and is based in Vancouver, Canada. The company offers a competitive enablement platform that assists sales and revenue teams in utilizing competitive intelligence to enhance their business outcomes. Klue's platform aggregates and organizes intelligence from various internal and external sources, providing actionable insights that help organizations navigate competitive environments effectively. By leveraging this curated intelligence, businesses can make informed decisions and improve their competitive positioning in the market.

Cinchy Inc. is a Toronto-based company that specializes in developing a data collaboration platform utilizing data fabric technology. Founded in 2014, Cinchy's platform connects multiple data sources within a networked architecture, allowing organizations to manage and protect their data more effectively. By liberating data from application silos, Cinchy transforms it into a network of federated data products, facilitating real-time collaboration among systems and users. This approach eliminates the inefficiencies and errors associated with traditional data integration methods, such as APIs and spreadsheets, resulting in significant time and cost savings. Cinchy serves a diverse clientele, including major banks, retailers, and educational institutions, helping them accelerate transformation projects, improve data governance, and modernize legacy systems. The company's solutions also enhance compliance and streamline data workflows, ultimately fostering a more efficient and collaborative data environment.

Founded in 2007, Hopper is a Montreal-based company that develops a mobile application using big data to predict and analyze airfares and accommodations. It provides travel recommendations and notifies users when prices are at their predicted lowest points.

SkyWatch is a company that offers a digital infrastructure for the distribution of Earth observation data and derived intelligence. Founded in 2014 and headquartered in Waterloo, Ontario, it has developed a satellite data intelligence platform that aims to make satellite data accessible to a wide range of users. The platform enables developers to integrate Earth observation data into their applications and workflows efficiently, supporting various applications such as crop monitoring, market prediction, tracking of ships and airplanes, and measuring global warming. By providing tools for data analysis and access to remote sensing datasets, SkyWatch empowers users to leverage satellite data for diverse purposes.

Praemo Inc. is a Canadian company based in Kitchener, founded in 2017, that specializes in developing detection technology for the industrial sector. Its primary product, Razor, is an analytics engine that integrates artificial intelligence and the Industrial Internet of Things (IIoT) to analyze operational data and deliver actionable insights. Praemo's technology is designed to identify abnormal equipment and process behavior, enabling organizations in manufacturing, automotive, consumer packaged food, aerospace, oil and gas, mining, and agriculture to predict and prevent disruptions in their operations. By leveraging its expertise and advanced analytics, the company helps its clients transform data into strategic recommendations, thus enhancing their operational efficiency and competitiveness in a data-driven market.

Precision AI develops artificial intelligence powered drones for agriculture, enabling AI-based farming practices from field to plant level. The company uses custom-built AI technology in drones to assist crop protection and crop management, replacing traditional bulk spraying with targeted applications to reduce chemical use. This approach aims to create healthier, more profitable farms. Headquartered in North America, Precision AI is rapidly scaling with a highly skilled team focused on solving agricultural challenges worldwide.

Imagia Cybernetics Inc. is a Montreal-based company that specializes in medical image analysis solutions aimed at cancer detection and management. The company focuses on early detection and quantification of cancer changes, which is crucial for improving patient outcomes. Imagia's Artificial Clinical Intelligence Platform delivers timely insights into primary tumors and metastasis, thereby personalizing the cancer care continuum for patients. Utilizing a unique approach called Deep Radiomics, which combines radiomics and deep learning, the platform analyzes routine clinical imaging data to identify robust biomarkers that can predict patient outcomes. By leveraging advancements in artificial intelligence and federated learning, Imagia enhances the capabilities of clinicians, enabling them to conduct predictive, diagnostic, and prescriptive analytics while maintaining data privacy.

BlueDot is a global health intelligence company that empowers organizations to anticipate and respond effectively to infectious disease threats. Using AI-driven analytics and human expertise, it monitors over 190 diseases worldwide, providing critical insights on outbreaks.

Solid State AI develops a software as a service platform for advanced manufacturing, enabling process and equipment engineers to increase yields, optimize process parameters, and reduce maintenance costs and downtime. The platform uses hybrid quantum-classical machine learning to predict production lines and dynamically optimize parameters to adapt to changing environments, improving product quality and plant revenue while allowing engineers to focus on high-value tasks. It is particularly effective on sparse or noisy data with limited datasets.

Cinchy Inc. is a Toronto-based company that specializes in developing a data collaboration platform utilizing data fabric technology. Founded in 2014, Cinchy's platform connects multiple data sources within a networked architecture, allowing organizations to manage and protect their data more effectively. By liberating data from application silos, Cinchy transforms it into a network of federated data products, facilitating real-time collaboration among systems and users. This approach eliminates the inefficiencies and errors associated with traditional data integration methods, such as APIs and spreadsheets, resulting in significant time and cost savings. Cinchy serves a diverse clientele, including major banks, retailers, and educational institutions, helping them accelerate transformation projects, improve data governance, and modernize legacy systems. The company's solutions also enhance compliance and streamline data workflows, ultimately fostering a more efficient and collaborative data environment.

Founded in 2007, Hopper is a Montreal-based company that develops a mobile application using big data to predict and analyze airfares and accommodations. It provides travel recommendations and notifies users when prices are at their predicted lowest points.

Canvass AI offers an AI-driven platform tailored for Industrial Operations. It empowers operators to enhance product quality, optimize processes, and reduce energy consumption in their daily tasks.

Klue is a B2B SaaS company that specializes in market and competitive intelligence, founded in 2015 by Jason Smith and Sarathy Naicker, and is based in Vancouver, Canada. The company offers a competitive enablement platform that assists sales and revenue teams in utilizing competitive intelligence to enhance their business outcomes. Klue's platform aggregates and organizes intelligence from various internal and external sources, providing actionable insights that help organizations navigate competitive environments effectively. By leveraging this curated intelligence, businesses can make informed decisions and improve their competitive positioning in the market.

Powerside is a manufacturer of power intelligence products that focus on delivering advanced monitoring technologies and power quality solutions. The company offers a comprehensive range of products, including power monitoring systems, PQube 3 power analyzers, and low and medium voltage power correction technologies. In addition to these products, Powerside provides a suite of power quality services aimed at helping clients improve their energy efficiency. The company serves a diverse array of industries, including power and energy, data centers, transportation, medical, semiconductor, telecom, manufacturing, military, and government. By enabling industrial clients and other businesses to analyze their workflows and mitigate high surcharge rates, Powerside plays a vital role in enhancing operational efficiency and power management.

Canvass AI offers an AI-driven platform tailored for Industrial Operations. It empowers operators to enhance product quality, optimize processes, and reduce energy consumption in their daily tasks.

Alert Labs Inc. is a Kitchener, Canada-based company founded in 2015 that specializes in manufacturing water and flood monitoring sensors. As a subsidiary of Watsco, Inc., Alert Labs develops cellular-connected home protection technology designed for smart home monitoring services. The company's products include reliable and easy-to-install hardware and software that gather and analyze real-time data on water leaks, floods, and power issues. By providing homeowners with the ability to receive immediate alerts and insights through their smartphones, Alert Labs aims to help prevent property damage and reduce costs associated with water-related incidents.

Founded in 2007, Hopper is a Montreal-based company that develops a mobile application using big data to predict and analyze airfares and accommodations. It provides travel recommendations and notifies users when prices are at their predicted lowest points.

Imagia Cybernetics Inc. is a Montreal-based company that specializes in medical image analysis solutions aimed at cancer detection and management. The company focuses on early detection and quantification of cancer changes, which is crucial for improving patient outcomes. Imagia's Artificial Clinical Intelligence Platform delivers timely insights into primary tumors and metastasis, thereby personalizing the cancer care continuum for patients. Utilizing a unique approach called Deep Radiomics, which combines radiomics and deep learning, the platform analyzes routine clinical imaging data to identify robust biomarkers that can predict patient outcomes. By leveraging advancements in artificial intelligence and federated learning, Imagia enhances the capabilities of clinicians, enabling them to conduct predictive, diagnostic, and prescriptive analytics while maintaining data privacy.

Founded in 2015, Pitstop is a Canadian company that develops artificial intelligence software for vehicle fleet management. Its platform integrates data from various sources such as connected vehicles, dealerships, and suppliers to provide real-time predictive maintenance insights, enabling enterprises to optimize asset performance and lower operational costs.

Imagia Cybernetics Inc. is a Montreal-based company that specializes in medical image analysis solutions aimed at cancer detection and management. The company focuses on early detection and quantification of cancer changes, which is crucial for improving patient outcomes. Imagia's Artificial Clinical Intelligence Platform delivers timely insights into primary tumors and metastasis, thereby personalizing the cancer care continuum for patients. Utilizing a unique approach called Deep Radiomics, which combines radiomics and deep learning, the platform analyzes routine clinical imaging data to identify robust biomarkers that can predict patient outcomes. By leveraging advancements in artificial intelligence and federated learning, Imagia enhances the capabilities of clinicians, enabling them to conduct predictive, diagnostic, and prescriptive analytics while maintaining data privacy.

Founded in 2007, Hopper is a Montreal-based company that develops a mobile application using big data to predict and analyze airfares and accommodations. It provides travel recommendations and notifies users when prices are at their predicted lowest points.

Klue is a B2B SaaS company that specializes in market and competitive intelligence, founded in 2015 by Jason Smith and Sarathy Naicker, and is based in Vancouver, Canada. The company offers a competitive enablement platform that assists sales and revenue teams in utilizing competitive intelligence to enhance their business outcomes. Klue's platform aggregates and organizes intelligence from various internal and external sources, providing actionable insights that help organizations navigate competitive environments effectively. By leveraging this curated intelligence, businesses can make informed decisions and improve their competitive positioning in the market.

PiinPoint is a location analytics company based in Sunnyvale, California, founded in 2013 by Adam Saunders and Jim Robeson. The company offers a web-based platform that enables businesses to identify new locations for expansion and forecast potential site sales in North America. PiinPoint's services include monitoring the performance of existing locations, identifying key factors for success, and generating detailed reports that analyze various potential sites. By providing tailored forecasting models and integrating multiple datasets—such as traffic patterns, demographics, and available real estate—PiinPoint equips organizations with the tools necessary to validate and determine optimal expansion locations.

Plasticity Labs Inc. is a Canadian company specializing in a workplace platform that focuses on measuring and enhancing organizational happiness and performance. Founded in 2012 and based in Kitchener, the company provides tools for assessing team dynamics and training individuals in psychological behaviors that contribute to higher performance and job satisfaction. Its platform features dashboards, insights, and reporting capabilities that facilitate meaningful connections among employees and provide a channel for communication. Additionally, Plasticity Labs offers preloaded and custom surveys to identify strengths and areas for growth. The company also provides a mobile application and research services, including survey creation, predictive modeling, and policy development. By integrating various data sources, Plasticity Labs aims to deliver predictive workforce analytics that help organizations understand the factors affecting employee performance and well-being.

TopLog is an online platform focused on log data analysis, utilizing advanced machine learning techniques to enhance system monitoring for IT resources. By providing a cloud-based log management tool with an interactive user interface, TopLog helps system administrators gain valuable insights into their systems' performance. The platform enables clients to predict issues in real time, facilitating prompt identification and resolution of problems. This innovative approach not only streamlines event troubleshooting but also aids in preventing potential failures, ultimately saving time and resources for organizations.

Canopy Labs Software Inc. offers a predictive customer analytics platform designed for small and mid-sized enterprises. Founded in 2012 and based in Toronto, Canada, the company assists businesses in analyzing data to forecast customer preferences and churn rates. The platform enables users to develop customer models, plan sales campaigns, and optimize lead lists, ultimately aiming to enhance revenue and sales growth. By providing tools for marketing strategy and audience analysis, Canopy Labs has supported numerous companies in effectively understanding and engaging with their customers. As of November 2018, Canopy Labs operates as a subsidiary of Drop Technologies Inc.

Coveo Solutions Inc. is an enterprise technology company that specializes in intelligent search and predictive insights, catering to mid-to-large size organizations across various industries. Founded in 2004 and headquartered in San Mateo, California, with research and development in Quebec City, Coveo offers a suite of products designed to enhance information retrieval and user experience. Notable offerings include Coveo for Salesforce, which provides tailored search capabilities and content recommendations, and Coveo for Sitecore, which facilitates personalized website search. The platform connects and unifies data from both cloud and on-premise applications, enabling efficient access to relevant information for employees and customers alike. Coveo's solutions aim to boost performance by driving revenue growth, reducing customer support costs, and enhancing satisfaction for both customers and employees. The company has established strategic partnerships with major technology providers and operates additional offices in Montreal, Amsterdam, and the United Kingdom, with significant revenue generation from the UK and North America.

Newtopia Inc. is a health technology company based in Toronto, Canada, that specializes in habit change and disease prevention. Founded in 2008, Newtopia operates a proprietary virtual platform that focuses on metabolic risk reduction by creating personalized lifestyle plans informed by social, psychological, and genetic insights. The company seeks to address significant health challenges, such as obesity and chronic diseases, which are linked to unhealthy lifestyle choices and have substantial economic impacts. By utilizing genetic testing and engagement science, Newtopia aims to inspire individuals to adopt healthier behaviors. The company has demonstrated an 80% success rate with beta clients and operates on a cost-effective model, making it an attractive partner for insurers and employers looking to improve health outcomes and achieve a meaningful return on investment. Through strategic partnerships, Newtopia is positioned to scale its innovative solutions in the health engagement market.

Neuralitic Systems specializes in mobile data intelligence technology, focusing on helping mobile service operators comprehend user behaviors that drive data service adoption. By providing insights into emerging trends and habits, the company enables operators to enhance decision-making related to subscriber acquisition, conversion, and retention. Its solutions are designed to automatically uncover new behavioral patterns, facilitating the dynamic leveraging of these insights to stimulate revenue growth within the data service sector.

Coveo Solutions Inc. is an enterprise technology company that specializes in intelligent search and predictive insights, catering to mid-to-large size organizations across various industries. Founded in 2004 and headquartered in San Mateo, California, with research and development in Quebec City, Coveo offers a suite of products designed to enhance information retrieval and user experience. Notable offerings include Coveo for Salesforce, which provides tailored search capabilities and content recommendations, and Coveo for Sitecore, which facilitates personalized website search. The platform connects and unifies data from both cloud and on-premise applications, enabling efficient access to relevant information for employees and customers alike. Coveo's solutions aim to boost performance by driving revenue growth, reducing customer support costs, and enhancing satisfaction for both customers and employees. The company has established strategic partnerships with major technology providers and operates additional offices in Montreal, Amsterdam, and the United Kingdom, with significant revenue generation from the UK and North America.

Neuralitic Systems specializes in mobile data intelligence technology, focusing on helping mobile service operators comprehend user behaviors that drive data service adoption. By providing insights into emerging trends and habits, the company enables operators to enhance decision-making related to subscriber acquisition, conversion, and retention. Its solutions are designed to automatically uncover new behavioral patterns, facilitating the dynamic leveraging of these insights to stimulate revenue growth within the data service sector.

Neuralitic Systems specializes in mobile data intelligence technology, focusing on helping mobile service operators comprehend user behaviors that drive data service adoption. By providing insights into emerging trends and habits, the company enables operators to enhance decision-making related to subscriber acquisition, conversion, and retention. Its solutions are designed to automatically uncover new behavioral patterns, facilitating the dynamic leveraging of these insights to stimulate revenue growth within the data service sector.

Prognomix, Inc. is a personalized medicine company based in Montreal, Canada, specializing in the development of pre-symptomatic diagnostic tools for diabetic complications through genomic signatures. Founded in 2005, the company focuses on creating molecular diagnostic kits that assess the risk of complications associated with Type 2 diabetes. Its product lineup includes PGX IR01, a predictive test for identifying complications in diabetic patients; PGx GR01, a screening test for assessing cardiovascular risk; PGx CD01, a companion diagnostic aimed at preventing cardiovascular and renal complications; and PGx IR02, an individual risk assessment product. Prognomix's research targets various complications of diabetes, including renal, ocular, cardiac, and vascular issues, contributing to a significant market opportunity estimated to be around $24 billion in the United States.