Business Development Bank of Canada

The Business Development Bank of Canada (BDC) is a government-owned financial institution established in 1944. Headquartered in Montreal, BDC specializes in providing financing, consulting services, and venture capital to small and medium-sized enterprises (SMEs) across Canada. Its services include business loans, corporate financing, and strategic planning, catering to a wide range of industries such as manufacturing, technology, and tourism. BDC operates through a network of over 100 offices, offering services in both official languages.

Trevor Allibon

Managing Director, Subordinate Financing

Timothy April

Managing Director

Kyle Feucht

Senior Director, Growth and Transition Capital

Jasmin Ganie-Hobbs

Director of Tech Financing

Saif Hashmi

Principal

Lily Lam

Director, Funds

Patrick Latour

Senior Vice President

Sandy Li

Associate

Vern Malcolm

Managing Director, Growth and Transition Capital

Benoît Mignacco

Vice President, Digital Lending

Mona Minhas

Partner

Jérôme Nycz

Executive Vice President

Matt Price

Managing Director, Growth and Transition Capital

Sal Rabbani

Managing Partner, Advisory Services

Andrianiaina Rajaobelina

Associate Principal

Chantal Remy

Senior Vice President, Quebec and Atlantic and Advisory Services

Victor Scutaru

Managing Director

Kunle Tauhid

Vice President, Financing and Consulting

David Wan

Director, Growth and Transition Capital

Ronald Warburton

Managing Partner

358 past transactions

GlitchSecure

Seed Round in 2025
GlitchSecure is a security platform focused on real-time continuous security testing to identify and remediate software vulnerabilities. The company provides year-round security assessments, expert-driven insights, and verified reports aimed at eliminating false positives. By offering ongoing monitoring of assets for vulnerabilities, GlitchSecure enables organizations to safeguard their products and infrastructure effectively. The platform is designed to deliver actionable results from experienced security researchers, helping users enhance their security posture and prevent breaches.

PrePad

Grant in 2025
PrePad provides advanced software solutions for optimizing capital lifecycle management, execution tactics, and asset development in the oil and gas drilling and completion industries.

SRTX

Venture Round in 2025
Sheerly Genius Inc. is a Canadian company specializing in the manufacture of pantyhose crafted from ballistic-grade fibers, similar to those used in bulletproof vests and climbing equipment. Founded in 2017 and headquartered in Port Carling, the company focuses on providing consumers with durable and stylish inner garments. Its innovative products are available for purchase through online retail channels, catering to a market that values both quality and resilience in apparel.

Nanoprecise

Series C in 2025
Nanoprecise Sci Corp is a Canadian company specializing in condition monitoring systems that leverage the Internet of Things and artificial intelligence. Founded in 2015 and based in Edmonton, with an additional office in Bangalore, India, the company offers RotationLF, an innovative hardware and software solution. This system integrates principles from physics and material science with advanced data analytics to diagnose machinery issues and predict remaining time to failure. The RotationLF sensors uniquely capture multiple data points, including RPM, vibration, sound, temperature, and humidity. The accompanying software utilizes AI algorithms to analyze this data, enabling anomaly detection, fault characterization, and predictive maintenance. Nanoprecise's solutions are applicable across various sectors, including petrochemical, utilities, manufacturing, HVAC, oil and gas, mining, and infrastructure, providing industries with a cost-effective means to enhance asset reliability and prevent failures.

Uresta

Seed Round in 2025
Uresta is a manufacturer of innovative bladder support devices aimed at helping women manage stress urinary incontinence. The device functions as a support shelf that prevents leaks during moments of pressure while allowing for unobstructed urination. Uresta's products are designed to provide a safe, comfortable, and reusable alternative to traditional non-absorbent pads made from hypoallergenic medical-grade polymers. By focusing on the needs of women experiencing incontinence, the company offers a practical solution that enhances everyday comfort and confidence.

Styx Intelligence

Seed Round in 2025
Styx Intelligence is an AI-driven platform focused on digital risk protection, aimed at safeguarding businesses against cyber threats and managing risks linked to digital transformations. The company offers visibility into potential threats targeting digital assets and supports remediation efforts. Its technology monitors a wide array of sources, including the surface, deep, and dark web, as well as social networks and news media, to identify vulnerabilities and exposures. By addressing concerns related to cyber security, privacy, regulatory compliance, third-party risks, and brand protection, Styx Intelligence enables organizations to navigate the complexities of the digital landscape more securely and effectively.

Nexera Robotics

Seed Round in 2025
Nexera Robotics is a technology company that specializes in developing innovative robotic arm grasper solutions for various applications. By integrating advanced hardware and software systems, Nexera Robotics addresses the challenges faced by robots in reliably grasping a wide range of objects without causing damage. Their grasping technology enhances operational efficiency in industries by improving order processing speed and accuracy, while also supporting the management of large and diverse inventories. Through its unique approach, Nexera Robotics aims to revolutionize automation and robotics, making it easier for robots to handle different items effectively.

Dispersa

Seed Round in 2025
Dispersa is a company dedicated to developing environmentally friendly biosurfactants derived from food waste. Unlike traditional surfactants that rely on palm oil or petroleum, Dispersa utilizes microbes to create surfactants that are both sustainable and circular in nature. These biosurfactants excel at dispersing oil particles by enveloping them in micelles, facilitating their breakdown and removal. By providing a sustainable alternative to synthetic and petroleum-based surfactants, Dispersa aims to enhance the sustainability and affordability of the biosurfactant market, offering industry users access to environmentally responsible products for the first time globally.

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.

Certn

Venture Round in 2025
Certn is a technology company based in Victoria, Canada, established in 2016. It specializes in applicant screening and risk management solutions for employers, landlords, and property management firms. The company's platform employs machine learning and artificial intelligence to evaluate customer credibility, promoting financial inclusion. Certn offers services such as criminal record checks, identity verification, employment and education verification, reference checks, and its proprietary Softcheck, which scans global databases for negative news and violations. The platform provides a 3-dimensional scoring approach, including social, behavioral, and financial profiling, to help clients make informed decisions about applicants.

Quadshift

Venture Round in 2025
Quadshift is a venture builder firm established in 2017 and based in Toronto, Canada. The company specializes in acquiring and developing B2B software companies within niche vertical markets. By leveraging its expertise in finance, sales, marketing, creative, engineering, and management, Quadshift aims to create new opportunities and enhance customer value. The firm is dedicated to transforming commerce across various industries through the provision of world-class SaaS solutions.

LSL Pharma Group

Post in 2024
LSL Pharma Group is a manufacturing company that innovates and manufactures life sciences products. Formed to integrate the operations of its Canadian subsidiaries, each boasting over two decades of expertise, LSL Pharma Group excels as a niche manufacturer in the life science industry. The company offers turnkey formulation, development and manufacturing services.

MultiCloud Decentralized Applications

Debt Financing in 2024
Headquartered in Montreal, Canada, MultiCloud Decentralized Applications Inc. is revolutionizing the cloud storage industry with secure, scalable, and cost-effective solutions powered by decentralized infrastructure. Our flagship product, Cloud Libertas, is a cutting-edge storage platform that offers up to 50% cost savings compared to AWS S3, eliminates data transfer fees, and ensures end-to-end encryption, unlimited API calls, and seamless multi-cloud compatibility. MultiCloud’s expertise spans major cloud platforms like AWS, Azure, and Google Cloud Platform, allowing us to design architectures that prevent vendor lock-in while optimizing performance and scalability. Beyond storage, we also develop decentralized applications (DApps) to empower businesses with enhanced privacy, security, and resilience. We are committed to advancing Web 3.0 technologies and providing innovative solutions to meet the growing demands of the digital economy. Seeking Strategic Investors MultiCloud Decentralized Applications is actively seeking angel and institutional investors to accelerate our growth and expand our transformative offerings. Join us in building the future of decentralized cloud storage and infrastructure. For investment opportunities or to discuss strategic partnerships, please reach out via LinkedIn or through the contact form on our official website.

Laserax

Series C in 2024
Laserax Inc. is a Canadian company based in Québec that specializes in the manufacturing of laser systems for various industrial applications. Founded in 2010, the company provides a range of products, including laser marking, cutting, welding, and cleaning systems. Additionally, Laserax develops custom laser solutions tailored to specific industry needs. Its technologies are utilized in sectors such as automotive, primary metals, and other manufacturing fields, allowing for high-speed marking and efficient processing of materials. The company's turnkey machines and original equipment manufacturer (OEM) systems are designed for reliability and safety, enabling them to operate effectively on moving parts without compromising quality.

Mysa

Series B in 2024
Mysa is a developer of innovative high-voltage smart thermostats designed to optimize home heating while reducing energy costs. The company offers a fully featured thermostat that includes smart learning capabilities, which can lead to approximately 15% savings on energy bills. Mysa's Wi-Fi-enabled devices allow homeowners to monitor and control their home’s temperature remotely through a smartphone app, providing convenience and efficiency. Additionally, the thermostats utilize location tracking to identify and address any appliances that may be left on when the house is unoccupied. Mysa also generates detailed energy reports that inform users about their daily energy consumption and potential utility expenses. The thermostats seamlessly integrate with popular smart home platforms, including Amazon Alexa, Google Home, and Apple HomeKit, enhancing their utility and user experience.

Tracktile

Pre Seed Round in 2024
Tracktile is a software company that specializes in manufacturing process management. It helps businesses achieve traceability, gain visibility, and derive insights from their production processes. The platform models existing production processes, integrates with various touchpoints, and empowers operational performance and data management.

FLO

Series E in 2024
AddÉnergie Technologies Inc. is a leading Canadian company specializing in smart charging solutions for electric vehicles. Established in 2009 and based in Québec, the company develops, manufactures, and operates a range of charging stations tailored for various market segments, including the public sector, employers, multi-residential buildings, and fleets. Its product offerings include the SmartTWO and SmartDC charging stations for commercial and industrial use, as well as specialized solutions like the CoRe+ charger for private areas and the Curbside Charger. AddÉnergie is also the provider of the Electric Circuit and VERnetworkTM, two of Canada’s largest charging station networks, which collectively feature over 2,000 charging stations. The company supplies both the hardware and software necessary for managing these networks, and it is poised to expand its operations through new partnerships and networks internationally.

Cardinal Energy

Post in 2024
Cardinal Energy Ltd. is an oil and natural gas company based in Calgary, Canada, focused on the acquisition, exploration, and production of these resources primarily in Alberta and Saskatchewan. Established in 2010, Cardinal Energy operates several key properties, including Bantry, Mitsue, House Mountain, Grande Prairie, Wainwright, and Midale. The company specializes in producing low decline light, medium, and heavy quality oil, contributing to the energy landscape of Western Canada.

KOHO

Series D in 2023
KOHO Financial Inc. is a financial technology company founded in 2014 and headquartered in Toronto, Canada. The company offers a digital banking platform that provides low-cost banking services through a prepaid, reloadable Visa-backed debit card and a user-friendly mobile application. This platform enables customers to conduct day-to-day banking operations and includes features such as financial goal setting, cash flow projections, group spending management, and detailed spending insights. By equipping users with these tools, KOHO aims to simplify money management and enhance the overall banking experience for its customers.

Eavor

Series B in 2023
Eavor Technologies Inc., established in 2017 and headquartered in Calgary, Canada, specializes in generating industrial-scale electricity using innovative geothermal technology. The company's proprietary system, Eavor-Loop™, harnesses heat from deep within the earth, utilizing wells to produce brine from a subsurface aquifer. This heat is then employed for commercial heating applications and power generation. Eavor's technology mitigates challenges faced by traditional geothermal solutions, offering a clean, carbon-neutral, and scalable baseload power source. The company operates the Eavor-Lite™ Demonstration Project, a prototype of its technology suite, to validate and refine its innovative approach.

TerraVest Industries

Post in 2023
Terravest Capital Inc. is a publicly traded income trust that encompasses a diversified portfolio of businesses primarily focused on manufacturing and services in the energy sector. The company operates through several segments, including Home Heating and Cooling Products, Compressed Gas Storage and Distribution Equipment, Energy Processing Equipment, and Service. Its Compressed Gas Equipment segment is the largest revenue generator, producing engineered products for the storage, distribution, and dispensing of compressed gases, such as liquid propane. Additionally, Terravest manufactures home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, and fiberglass storage tanks, positioning itself as a key player in the energy processing and distribution market.

Medreddie

Grant in 2023
Medreddie is a company that specializes in streamlining clinical procurement and market research within the healthcare sector. It has developed a medical procurement platform that aims to expedite the procurement process for healthcare equipment. Utilizing artificial intelligence, Medreddie's platform surveys the competitive landscape, provides access to fair request for proposal questions, and facilitates meaningful engagement with vendors and peers. This innovative approach enables hospitals to acquire essential equipment more efficiently, ultimately enhancing patient outcomes.

EverGen Infrastructure

Post in 2023
EverGen Infrastructure is a Canadian company dedicated to combating climate change by developing a Renewable Natural Gas Infrastructure Platform, primarily on the West Coast in British Columbia. The company operates three organic waste facilities and two renewable natural gas facilities, which convert organic materials into renewable natural gas. This initiative not only helps reduce greenhouse gas emissions but also supports communities in their transition to a more sustainable future. Through its operations, EverGen Infrastructure aims to promote the use of renewable energy and contribute to a carbon-free future.

Clear Blue Technologies

Post in 2023
Clear Blue Technologies International Inc. is a company that specializes in developing and selling smart off-grid power solutions. It provides innovative products designed to power, control, monitor, and manage solar and hybrid power systems for various applications, including street lights, security systems, telecommunications, emergency power, and Internet of Things (IoT) devices. The company offers a range of solutions, including solar and wind controllers, telecom solar power systems, illumience cloud controls, Nano-grid power packs, and solar and wind-powered outdoor lighting systems under the Illumient brand. Additionally, Clear Blue Technologies provides remote power management services, enabling users to monitor and control their systems over the Internet. Headquartered in Toronto, Canada, the company operates in multiple regions, including Canada, the United States, the Middle East, and Africa, promoting environmentally friendly and cost-effective energy solutions.

Arolytics

Seed Round in 2023
Arolytics is a software company that provides a data management platform tailored for the energy sector, focusing on emissions management and regulatory compliance. The platform is designed to optimize emission reduction strategies by integrating and synthesizing data from various emissions sensors. It automates the generation of regulatory compliance reports and offers actionable recommendations for reducing pollution. Arolytics enables energy companies to gain valuable insights into methane measurement data, facilitating more effective management of emissions while reducing associated costs.

Flojoy

Seed Round in 2023
Flojoy will assist with a new open source solution that allows firms that are traditionally excluded from the automated testing process to use no-code Python testing to construct test scripts in an automated manner.

Medreddie

Grant in 2023
Medreddie is a company that specializes in streamlining clinical procurement and market research within the healthcare sector. It has developed a medical procurement platform that aims to expedite the procurement process for healthcare equipment. Utilizing artificial intelligence, Medreddie's platform surveys the competitive landscape, provides access to fair request for proposal questions, and facilitates meaningful engagement with vendors and peers. This innovative approach enables hospitals to acquire essential equipment more efficiently, ultimately enhancing patient outcomes.

Opalia

Grant in 2023
Opalia is a manufacturer specializing in the production of milk and milk ingredients derived from mammary cells, aimed at providing an alternative to traditional cow milk. Utilizing advanced technology, the company creates real milk without the use of cows, ensuring that the final product retains the performance, taste, and nutritional profile comparable to or exceeding that of conventional dairy. By focusing on sustainability and ethical production methods, Opalia seeks to offer consumers a viable and innovative option in dairy products, addressing the growing demand for alternatives to traditional dairy.

PragmaClin Research

Grant in 2023
PragmaClin is a digital health innovator focused on transforming the management of Parkinson's Disease and other neurological disorders. The company develops advanced assessment tools that leverage cutting-edge technology to facilitate remote monitoring and management of movement disorders. By allowing patients to assess and track the severity of their symptoms from the comfort of their own homes, PragmaClin empowers individuals to take an active role in their health journey. This approach not only enhances the quality of care but also aims to improve the overall well-being of patients dealing with the challenges of Parkinson's Disease.

TechJutsu

Grant in 2023
TechJutsu is a technology company specializing in Identity and Access Management (IAM) solutions. It offers a range of products and services, such as single sign-on, multi-factor authentication, privileged access management, and identity governance, to help organizations securely manage user access to critical systems and data.

Acrylic Robotics

Grant in 2023
Acrylic Robotics is an art-tech startup that leverages artificial intelligence and robotics to innovate within the fine art sector. The company has developed a platform that produces authenticated painted artwork at scale, utilizing robotics to create digital fingerprints of original works. This technology allows for the reproduction of art with real paint on canvas, providing artists with a means to digitize and automate the consumer art industry. Through its advancements, Acrylic Robotics aims to enhance the scalability and authenticity of fine art production.

Philer AI

Grant in 2023
Philer AI has been approved by the Law Society of Ontario as part of the Access to Innovation program, becoming the second technology platform in Ontario given the green light to deliver legal services to the end consumers.

Gaia Refinery

Grant in 2023
Gaia Refinery is focused on developing innovative technologies to address environmental challenges through carbon removal. The company is creating wind-driven methane-capture technology aimed at producing rocket-grade natural gas. Additionally, Gaia specializes in Biomass Carbon Removal and Direct Air Capture technology, which effectively extracts carbon dioxide from the atmosphere and securely stores it in various forms, including underground, in oceans, soil, and trees. By providing these energy refining services, Gaia Refinery aims to contribute to the restoration of Earth's balance by offering cost-effective solutions for carbon removal from both the atmosphere and biomass.

Acuicy

Grant in 2023
Acuicy is a technology company that specializes in helping businesses achieve their net-zero carbon goals through data-driven insights. It offers a proprietary platform that combines artificial intelligence with deep industry data to provide tailored low-carbon solutions for supply chains. The platform enables businesses to identify capital-efficient ways to reduce their operational carbon footprint and understand the financial returns of these investments, thereby supporting their sustainability objectives while maintaining profitability.

Cheekbone Beauty

Grant in 2023
Cheekbone Beauty is an internet-first brand specializing in sustainable color cosmetics. The company offers a range of cruelty-free beauty products, including liquid lipsticks and complexion items such as contour and highlight palettes. Designed with sensitive skin in mind, these cosmetics are safe for use and are not tested on animals. Cheekbone Beauty is committed to providing women with socially conscious beauty options that reflect a dedication to sustainability and ethical practices.

Amp Health

Grant in 2023
Amp Health is dedicated to preventing chronic diseases, with a specific focus on diabetes prevention. The company has developed the Struggle app, a medical detection application that utilizes artificial intelligence and behavioral modification techniques to assist prediabetics in avoiding the progression to full diabetes. By analyzing blood glucose data, the app offers personalized tips and prompts based on users' activity and glucose levels. This approach empowers individuals to make healthier dietary and exercise choices by tailoring recommendations to their unique motivations. Amp Health aims to impact the lives of 10 million people over the next decade by fostering proactive health management and disease prevention.

Tenomix

Grant in 2023
Tenomix is focused on developing innovative technologies aimed at enhancing the pathology workflow, particularly in the staging process of colorectal cancers. The company has created a robotic scanning device that assists pathology staff in the efficient and reliable collection of lymph nodes from surgically removed colon cancer tissues. This technology facilitates the accurate identification of cancer spread, ultimately improving cancer care while also helping to reduce healthcare costs. Through its advancements, Tenomix seeks to address inefficiencies in cancer diagnosis and treatment, contributing to more effective patient outcomes.

ORCHID Analytics

Grant in 2023
We are reimagining healthcare operations and management by developing evidence-based data-driven technologies to aid with decision-making.

Greymate Care

Grant in 2023
Greymate Care is a provider of in-home care services in Nigeria, focusing on the elderly, vulnerable, convalescent, and disabled individuals. The company offers a range of services including companionship, personal care, light housekeeping, meal preparation, and assistance with daily living activities such as bathing and dressing. Greymate Care's trained caregivers also support clients by accompanying them to social events, appointments, and engaging in conversations. The company emphasizes compassionate care that promotes independence and dignity, allowing clients to maintain a sense of inclusion within their communities while receiving the support they need in the comfort of their homes.

ReCarbon

Grant in 2023
ReCarbon, Inc. is a technology company based in Santa Clara, California, focused on recycling waste carbon dioxide emissions into valuable products. Founded in 2011, ReCarbon develops proprietary plasma generation systems that utilize microwave plasma technology to convert flue gas emissions, specifically CO2 and methane, into clean hydrogen and syngas. The company's innovative platform targets significant carbon dioxide emitters, including industrial operations, landfills, wastewater treatment facilities, biomass, and biogas sites. By facilitating decentralized and community-based production processes, ReCarbon aims to enable a circular economy that transforms greenhouse gas emissions into low carbon hydrogen and industrial gases, contributing to the development of a sustainable hydrogen economy.

North Star Payroll

Grant in 2023
North Star Payroll provides the software solution to simplify payroll processing with tailored service offerings to meet your company's needs.

Nucliq Biologics

Grant in 2023
Nucliq Biologics will provide a simplified gut health report with detailed information about personalized food and customized probiotic recommendations for customers and doctors.

Noa Therapeutics

Grant in 2023
Noa Therapeutics is a preclinical biotechnology company specializing in the development of innovative, multimodal treatments for immune diseases. The company's approach involves creating a single, non-steroidal, small molecule with adjustable potency, targeting three distinct therapeutic pathways to simplify and enhance patient care.

Permalution

Grant in 2023
Permalution is focused on creating innovative solutions to address pressing global issues related to water scarcity and climate change. The company specializes in developing fog water forecasting and harvesting technologies that aim to sustainably supplement municipal water supplies. Its offerings include advanced fog collection systems and tools designed to predict fog events, allowing municipalities to harness this alternative source of fresh water. By leveraging these technologies, Permalution seeks to help communities mitigate the challenges posed by the impending water crisis.

NLPatent

Grant in 2023
NLPatent is a pioneering AI-driven platform specializing in natural language patent search. It serves prominent Am Law 100 law firms and Fortune 500 companies, offering a proprietary fine-tuned Large Language Model for swift and accurate results. Users can input invention descriptions in full sentences, receiving conceptually relevant patent results within seconds, outperforming human experts. The platform excels in patentability evaluations and freedom-to-operate searches, often uncovering critical references missed by traditional methods. Additionally, NLPatent provides "AI + Human" outsourcing services in partnership with Global Patent Solutions, combining AI speed and accuracy with professional search expertise.

Myomar Molecular

Grant in 2023
Myomar Molecular is a biotechnology company focused on developing a diagnostic tool to detect early-stage muscle atrophy. This innovative technology aims to assist physiotherapists and medical professionals in accessing appropriate therapy approaches, reducing patient hospitalization time, and monitoring recovery progress effectively.

Waggle Mail

Grant in 2023
Waggle Maill combines simplicity and customization by selecting high-quality, dependable products that are appropriate for your dog's age, needs, and breed. Less time spent buying equals more time spent bonding.

NANOSentinel

Grant in 2023
NANOSentinel Technologies is a business-to-business platform as a service company focused on enhancing safety in the clean tech manufacturing sector. The company has developed a portable device designed to detect toxic nanomaterials on workplace surfaces, particularly within the chemical manufacturing industry. This device provides an easy-to-use surface test that allows for the rapid identification and quantification of contamination. By enabling users to monitor and manage exposure to hazardous nanomaterials, NANOSentinel aims to protect the health of workers and promote safer manufacturing practices.

trippl

Grant in 2023
Trippl is a software company that provides map-based itinerary planning solutions for Destination Marketing Organizations (DMOs). Its platform enables DMOs to showcase their curated data, helping consumers plan, route, and book trips directly on destination websites. This enhances visitor engagement, optimizes marketing strategies, and promotes sustainable travel practices.

LyfeMD

Grant in 2023
LyfeMD is a wellness application focused on managing inflammatory bowel disease through a holistic approach to digestive health. The company offers a platform that provides customized, doctor-recommended advice tailored to each patient's specific needs. This includes disease-specific nutrition plans, recipes, and guidance on physical activities and yoga-based therapies. By integrating these components, LyfeMD enables patients to make informed nutrition and lifestyle changes that complement their medical treatments, ultimately promoting improved health and well-being.

NanoTerraTech Advanced Materials

Grant in 2023
NanoTerraTech has developed Environmentally Friendly and Sustainable Advanced Materials from Forestry Waste that Replaces Fossil Fuel Derived Carbon Materials in Manufacturing. Producers of BIO-Graphite, Carbon Black, Carbon Nanotubes, Carbon Nanofibers, Activated Carbon

Ora Medical

Grant in 2023
Ora Medical specializes in developing innovative rehabilitation technology targeted at children with mobility challenges. Its flagship product, Levity, is a smart pediatric gait trainer that employs a unique partial weight-bearing mechanism. This design not only supports children as they learn to walk but also allows them to engage with their environment using their arms, promoting greater independence. The device utilizes real-time data collection, which aids parents and clinicians in monitoring each child's rehabilitation progress. Additionally, Ora Medical's approach incorporates artificial intelligence to adapt the smart walking aid to the individual needs of each patient, facilitating personalized rehabilitation and helping them achieve optimal mobility at their own pace.

Northstar Clean Technologies

Post in 2023
Northstar Clean Technologies, established in 2017 and headquartered in Delta, British Columbia, specializes in the recycling of single-use asphalt shingles. The company employs proprietary process technology to extract and recover valuable components such as asphalt cement, fiberglass, and mineral aggregates. These recovered materials are then repurposed for use in asphalt pavement, shingle manufacturing, and various construction products, contributing to environmentally-friendly reprocessing solutions. Operating primarily within Canada, Northstar Clean Technologies is dedicated to promoting sustainability in the construction and industrial sectors through its innovative recycling efforts.

Healthybud

Debt Financing in 2023
Healthybud is a Canadian pet wellness brand dedicated to improving the health and longevity of dogs through innovative nutrition solutions. The company specializes in producing nutrient-based healing foods made from purely natural, human-grade ingredients without additives or artificial preservatives. Their product offerings incorporate powerful components such as ashwagandha, blueberries, reishi, and hormone-free meats, designed to bolster immune systems and promote overall wellness in dogs. Collaborating with veterinarians, nutritionists, and prominent universities, Healthybud aims to revolutionize the pet pantry by providing pet owners with access to healing ingredients and superfoods that help prevent common diseases and health issues in their canine companions.

Vive Crop Protection

Series C in 2023
Vive Crop Protection, Inc. is a Canadian company specializing in the development and marketing of crop protection products, including fungicides, insecticides, and nematicides. Founded in 2006 and headquartered in Mississauga, Ontario, the company also operates in Boston, Massachusetts, and Calgary, Canada. Vive Crop Protection focuses on creating effective and sustainable pesticides for both organic and non-organic farming. Utilizing its innovative Allosperse Delivery System, the company enhances the targeting and performance of pesticide active ingredients, allowing farmers to achieve higher crop quality and yields while using fewer resources. Its products are designed to integrate seamlessly with liquid fertilizers and other chemicals, effectively controlling diseases in crops such as sugarbeets, dry beans, alfalfa, potatoes, and corn, thereby promoting increased productivity and sustainability in agriculture.

Royal Helium

Post in 2023
Royal Helium Ltd. is a helium exploration and development company based in Saskatoon, Canada, with a focus on primary helium production in southern Saskatchewan and southeastern Alberta. The company holds helium leases and permits that have been thoroughly evaluated for their helium potential over a period of two years, with assessments conducted by experts in geology and engineering. Royal Helium has established a strategic collaboration with The Saskatchewan Research Council to advance the development of a helium facility. Its projects benefit from proximity to established oil and gas infrastructure, as well as accessibility via highways and roads, enhancing the feasibility of its operations.

Optel Group

Private Equity Round in 2023
Optel Group specializes in traceability systems primarily for the pharmaceutical and medical device sectors. The company offers solutions that ensure the quality of consumer health products and combat counterfeiting. By providing comprehensive traceability of product distribution, Optel helps organizations achieve regulatory compliance while enhancing supply chain intelligence. Its technologies enable clients to identify, verify, and track individual products, which fosters trust with suppliers and customers. Additionally, Optel is expanding its expertise to other industries, including health-related sectors and smart manufacturing, to promote end-to-end traceability and operational efficiencies. This adaptability positions Optel as a crucial partner in ensuring product safety and maximizing resource utilization across various markets.

Summit Nanotech

Series A in 2023
Summit Nanotech Corporation is a cleantech company based in Calgary, Canada, focused on revolutionizing lithium extraction to support the global energy transition. Founded in 2018, the company specializes in a patented direct lithium extraction (DLE) technology that aims to provide sustainable and economically viable solutions for lithium producers. By collaborating with mining companies and lithium asset owners in regions such as Chile and Argentina, Summit Nanotech seeks to optimize operations and conserve natural resources while minimizing environmental impact. The company's innovative approach positions it as a leader in developing cost-effective solutions for the growing demand for battery-grade lithium.

Tuktu Care

Pre Seed Round in 2023
Tuktu Care is a community-based service provider that connects individuals needing support to local companions for everyday tasks. The platform facilitates assistance with activities such as shopping, cleaning, cooking, and transportation to appointments. By leveraging an AI-driven approach, Tuktu efficiently identifies and matches users with suitable companions, ensuring a personalized experience akin to familial support. This model addresses the challenges faced by traditional service providers, offering a cost-effective and flexible alternative that enables users to maintain their independence and quality of life while receiving the necessary help for daily errands and companionship.

Magnestar

Pre Seed Round in 2023
Magnestar is a technology company focused on enhancing communication between Earth and space by predicting and mitigating communication outages. It employs a skilled team to develop both software and hardware solutions that facilitate the monitoring of signal communication in outer space. Magnestar's platform enables users to conduct interference simulations, both short-term and long-term, and integrates these simulations within a collaborative infrastructure to streamline coordination processes. The company provides near real-time monitoring of the spectrum environment, ensuring compliance and effective communication between satellite and Earth systems. By equipping assets with its advanced technology, Magnestar aims to improve their longevity and service quality, ultimately enhancing safety in space and fostering reliable space services for future explorations.

Royal Helium

Post in 2022
Royal Helium Ltd. is a helium exploration and development company based in Saskatoon, Canada, with a focus on primary helium production in southern Saskatchewan and southeastern Alberta. The company holds helium leases and permits that have been thoroughly evaluated for their helium potential over a period of two years, with assessments conducted by experts in geology and engineering. Royal Helium has established a strategic collaboration with The Saskatchewan Research Council to advance the development of a helium facility. Its projects benefit from proximity to established oil and gas infrastructure, as well as accessibility via highways and roads, enhancing the feasibility of its operations.

Foodtastic

Debt Financing in 2022
Foodtastic is a Quebec-based franchisor that operates a diverse portfolio of restaurant concepts, including La Belle et La Boeuf, Carlos & Pepe's, Souvlaki Bar, Nickels, and Bacaro. With over 900 restaurants in its system generating more than $830 million in sales, Foodtastic is a prominent player in the restaurant industry. The company provides a variety of culinary styles and beverages, creating entertaining dining experiences for its customers. Additionally, Foodtastic is expanding its reach internationally, boasting over 100 restaurants outside of Canada.

Swiss Water

Post in 2022
Swiss Water Process removes caffeine from coffee for leading coffee roasters throughout the United States and 56 different countries around the world. As the only consumer-branded decaffeination process, Swiss Water Process stands for environmentally responsible, chemical-free caffeine removal for Specialty Coffees.

Hojicha

Debt Financing in 2022
Hojicha Co. brings the authentic hojicha experience to homes and cafes outside of Japan by offering freshly roasted hojicha made from tea leaves grown exclusively in Kyoto. As the leading supplier of hojicha in North America and the UK, Hojicha Co. offers a wide range of roasted green tea leaves and the original Hojicha Powder, the key ingredient for the famous hojicha latte.

Good Natured Products

Post in 2022
Good Natured Products Inc is a manufacturer and distributor of a diverse range of eco-friendly products primarily made from renewable, plant-based materials. The company focuses on producing items that are free from harmful chemicals such as BPAs and phthalates, ensuring safety for both human health and the environment. With over 400 offerings, Good Natured operates across five main categories: General Merchandise, Packaging, Industrial, Commercial Supplies, and Services. Their product line includes home and business goods, food packaging, and medical supplies, catering to various markets through wholesale, direct-to-business, and retail channels. The company's mission emphasizes minimizing waste and reducing environmental impact while promoting a fresh and approachable brand image.

Fieldless Farms

Debt Financing in 2022
Fieldless Farms is an AgTech startup that produces leafy greens year-round using indoor farming technology. Fieldless' products are produced in a controlled environment, making it safe to eat right out of the box with no washing required. Fieldless is on a mission to replace foreign products and complex supply chains with foods that are safer, more secure, and more sustainable.

Fieldless Farms

Series A in 2022
Fieldless Farms is an AgTech startup that produces leafy greens year-round using indoor farming technology. Fieldless' products are produced in a controlled environment, making it safe to eat right out of the box with no washing required. Fieldless is on a mission to replace foreign products and complex supply chains with foods that are safer, more secure, and more sustainable.

Dynamic Capital Equipment Finance

Debt Financing in 2022
Dynamic Capital Equipment Finance is a financial services finance company located in Kelowna.

Entosystem

Venture Round in 2022
Entosystem is a Canadian company based in Sherbrooke, founded in 2016, that specializes in the production of entomological proteins and flour derived from insects. The company employs innovative insect farming technologies to convert food waste from grocery stores into high-value insect protein products aimed at the animal nutrition market. Entosystem's offerings include dried larvae and live larvae, which are designed to provide nutritional benefits for livestock, such as fish and poultry. By focusing on sustainable practices, Entosystem positions itself as a key player in the circular agriculture economy, contributing to the reduction of food waste while supporting a more sustainable agri-food sector. The company currently employs a small team to support its operations.

Andion

Private Equity Round in 2022
Andion Global is a technology provider specializing in wastewater treatment and organic waste handling services for corporations and municipalities. The company focuses on creating renewable energy from organic feedstocks and offers a comprehensive solution that makes organic waste management efficient, sustainable, and economically viable. Andion aims to assist clients in meeting their carbon reduction targets by processing various types of organic waste, thereby minimizing greenhouse gas emissions associated with transportation, landfills, and waste incineration.

Axya

Seed Round in 2022
Axya is a startup that offers an online platform designed to connect small and medium-sized shop owners with suppliers in the manufacturing sector. The company provides a user-friendly marketplace that standardizes and centralizes the subcontracting process, addressing the complexities faced by buyers and suppliers. Through its innovative platform, Axya enables users to make informed decisions by providing valuable insights, streamlining the outsourcing process in the manufacturing industry.

Dozr

Series B in 2022
Dozr Inc. is an online platform based in Kitchener, Canada, that connects equipment renters with lenders, facilitating the rental of various equipment types. Established in 2015, Dozr aims to transform the equipment rental industry, which has traditionally been underserved by technology, into a more efficient e-commerce model. The platform allows renters to search for, find, and book equipment, including earth-moving machinery, agricultural tools, trucks, and aerial work platforms. Lenders can list their idle equipment, generating income from assets that would otherwise remain unused. Dozr serves a diverse clientele, ranging from multinational construction firms to small owner-operators and farmers. Recently, the company launched WebStores, enabling rental companies to create personalized e-commerce storefronts, further advancing its mission to digitize the North American equipment rental market.

KOHO

Series D in 2022
KOHO Financial Inc. is a financial technology company founded in 2014 and headquartered in Toronto, Canada. The company offers a digital banking platform that provides low-cost banking services through a prepaid, reloadable Visa-backed debit card and a user-friendly mobile application. This platform enables customers to conduct day-to-day banking operations and includes features such as financial goal setting, cash flow projections, group spending management, and detailed spending insights. By equipping users with these tools, KOHO aims to simplify money management and enhance the overall banking experience for its customers.

Sierra Wireless

Post in 2022
Sierra Wireless, Inc. is a provider of device-to-cloud Internet of Things (IoT) solutions, primarily operating in North America, Europe, and the Asia Pacific. The company is structured into two main segments: IoT Solutions and Embedded Broadband. The IoT Solutions segment delivers recurring connectivity services, cloud management software, and cellular modules and gateways, while the Embedded Broadband segment focuses on high-speed cellular embedded modules used in various applications, including automotive and mobile computing. Sierra Wireless serves a diverse clientele, including enterprises, industrial firms, and original equipment manufacturers (OEMs), utilizing both direct and indirect distribution channels such as distributors and mobile network operators. Founded in 1993 and headquartered in Richmond, Canada, Sierra Wireless has established itself as a key player in the wireless communication equipment sector, addressing the needs of industrial, commercial, and public safety markets.

Vosker

Debt Financing in 2021
Vosker provides remote area monitoring technology using solar power and artificial intelligence for cutting-edge surveillance solutions. It offers mobile security cameras that operate on 4G/LTE networks and are powered by solar energy, providing surveillance capabilities. These cameras are primarily used in various industries. Vosker was founded in 2018, and headquartered in Victoriaville, Quebec.

Nicoya Lifesciences

Series A in 2021
Nicoya Lifesciences Inc. is a Canadian company based in Kitchener that specializes in developing advanced sensor products for the biotechnology and pharmaceutical industries. Founded in 2012, Nicoya creates instruments designed to analyze biomolecular interactions, including proteins, antibodies, DNA, RNA, and small molecules. Their product lineup includes surface plasmon resonance (SPR) instruments, spectrophotometers, sensor chips, reagents, and accessories, as well as the OpenSPR, a personal label-free biomolecular analysis instrument. In addition to hardware, Nicoya offers software solutions for real-time kinetic analysis, instrument control, and optical peak tracking, enhancing the capabilities of their analytical tools.

General Fusion

Series E in 2021
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.

Booxi

Seed Round in 2021
Booxi is a Montreal-based retail technology company that specializes in appointment booking software tailored for retailers. Its platform enhances the customer experience by simplifying appointment scheduling and management. Booxi's software includes features such as Customer Relationship Management (CRM), online payment processing, and staff calendar management, allowing businesses to efficiently manage their operations related to events and appointments. By streamlining these processes, Booxi enables retailers to focus on improving service delivery and customer satisfaction.

Terranova Security

Debt Financing in 2021
Terranova Security provides phishing, GDPR, and security awareness programs to change behaviors and reduce data breaches. Terranova Security's products are the foundation for creating programs in information security, sustainable development, privacy, and other compliances, which are driven by internal policies and regulatory and compliance requirements. It's to reduce the human risk factor to effectively counter all cyber attacks.

Grüvi

Seed Round in 2021
Grüvi specializes in producing non-alcoholic craft beverages, including a variety of beers and wines. The company aims to foster an inclusive community by offering flavorful alternatives for individuals who prefer not to consume alcohol, particularly in social settings. Their product lineup features an assortment of non-alcoholic options, such as an alcohol-free dry red blend, dry secco, and bubbly rosé. By focusing on quality and taste, Grüvi provides consumers with healthier choices while promoting enjoyable experiences without the effects of alcohol.

AON3D

Series A in 2021
AON3D specializes in developing industrial 3D printing solutions with a focus on advanced materials. The company creates physics-informed software, sensing systems, and hardware designed for high-performance thermoplastics used in aerospace, research and development, automotive, and industrial applications. AON3D's printers are capable of operating under the hot print conditions required for these advanced materials, facilitating a seamless transition from product development to manufacturing. This capability allows clients to reduce costs by eliminating the need for expensive proprietary materials and license fees.

#Paid

Series B in 2021
#Paid is a technology company that offers a creative marketing platform designed to facilitate collaboration between brands and social media creators. The platform enables brands to connect with a diverse array of artists, travelers, storytellers, and photographers globally, allowing for authentic product placements on social media. By transforming creator-generated content into paid advertisements, #Paid promotes engaging partnerships that enhance brand visibility and reach. With a focus on meaningful collaborations, the company streamlines the process for brands looking to leverage the influence of creators in their marketing campaigns.

MSP Corp

Funding Round in 2021
MSP Corp is a Canadian-American business that acquires and partners with top-performing Managed Service Providers (MSPs) in North America. It provides resources, technology, and operational support to enhance the capabilities of these MSP teams, focusing on cloud computing, cybersecurity, and IT support services. The company offers hardware and software solutions alongside financial management assistance to empower its partner MSPs.

NuChem Sciences

Venture Round in 2021
NuChem Sciences is a contract research organization based in Montréal that specializes in drug discovery services for the pharmaceutical and biotechnology sectors. It serves a diverse clientele that includes biotech companies, pharmaceutical firms, and academic research laboratories across North America. The organization offers a wide array of services in medicinal chemistry and drug discovery biology, encompassing fragment screening, structure-activity relationship design, and computational drug design. By providing relevant data and expertise, NuChem Sciences aims to support its clients in advancing their projects efficiently in various therapeutic areas such as inflammation, diabetes, cancer, obesity, infectious diseases, and pain management.

E-SMART

Funding Round in 2021
E-SMART is a technology company that provides software solutions for a safer fleet. It develops and manufactures innovative software solutions that allow fleets to significantly improve vehicle safety while also lowering fuel consumption. With its innovative advanced driver assistance system and the E-SMART Intelligent Speed Adaptation solution, it is assisting fleets in setting new safety standards across the board. Intelligent Speed Adaptation (ISA), also known as Active Speed Management (ASM) or Advanced Driver Assistance System (ADAS), reduces speeding incidents by up to 88%. The ability to control speed in all locations by governing speed to each speed zone in real time. In order to avoid bridge strikes, the E-SMART technology detects low bridges and alerts the driver of a potential low bridge.

Hydrostor

Venture Round in 2021
Hydrostor Inc. is a Canadian company based in Toronto that specializes in developing and operating advanced compressed air energy storage systems. Founded in 2010, the company provides solutions designed to meet the electricity system's needs for dispatchable capacity, renewable integration, and transmission deferral. Its technology enables low-cost, long-duration energy storage, which can support hundreds of megawatts for periods ranging from 4 to over 24 hours. Hydrostor's emission-free systems are particularly suitable for use in remote applications, including mines and large industrial operations, and can repurpose retired fossil fuel plants and utilize existing mining infrastructure. The company serves clients across the United States, Australia, and Canada and has established a strategic partnership with AECOM to enhance its offerings.

Spark

Series A in 2021
Spark is a platform specifically designed to power the entire process of selling and marketing real estate. Using technology to help turn leads into buyers, inventory into contracts, and information into usable metrics. Spark is a safe, secure and cost-effective solution for selling and marketing real estate.

Novamera

Series A in 2021
Novamera Inc. is a Canadian company specializing in the mining of gold, copper, and other ores by employing innovative drilling techniques to extract resources from steeply dipping, narrow vein deposits. These deposits are often deemed uneconomic with conventional extraction methods. Novamera has developed a unique approach called Sustainable Mining by Drilling, which integrates high-resolution subsurface imaging with directional drilling in a two-pass process. This method allows for precise identification of the vein's physical shape, enabling more efficient and environmentally friendly mining practices. The company combines proprietary software and hardware with standard mining equipment to improve the efficiency and flexibility of mining operations, ultimately unlocking value in mineral deposits that were previously inaccessible. Headquartered in Mississauga, Canada, Novamera also has an office in Baie Verte, Canada.

Comet Biorefining

Series C in 2021
Comet Biorefining, Inc. is a Canadian company specializing in the development of sustainable ingredients and products derived from agricultural waste. It focuses on producing high-quality cellulosic glucose syrup, which is generated through its proprietary technology that converts materials such as wood, wheat straw, bagasse, and corn stover. This innovative approach provides a cost-effective and stable alternative to traditional food sugar sources. In addition to glucose syrup, Comet Biorefining offers plant dietary fibers and animal nutrition products. The company also provides biomass conversion and pretreatment services, alongside a range of consulting and project development services aimed at enhancing process technology and business development within the renewable biofuels and biochemicals sectors. With a demonstrated capacity for production at a small scale, Comet is actively pursuing commercial scale-up and partnerships to further its impact in the renewables industry.

Buddha Brands

Venture Round in 2021
Buddha Brands is a producer of plant-based snacks and beverages that prioritizes clean and purposeful ingredients, allowing consumers to make health-conscious choices. The company offers a range of products, including Thirsty Buddha coconut water, sparkling coconut water, and Hungry Buddha nutrition bars, all crafted from vegan ingredients and free from common allergens such as dairy, soy, and peanuts. By focusing on mindful eating, Buddha Brands aims to promote healthier lifestyles and empower communities to lead positive, health-oriented lives. Its offerings cater to various dietary preferences, including certified vegan, keto, and gluten-free options, ensuring that customers have access to nutritious and delicious alternatives.

Paper

Series C in 2021
Paper, Inc., established in 2014 and headquartered in Montreal, Canada, with an additional office in Santa Monica, California, is a remote tutoring company. It designs an educational support system platform that offers live help, essay review, real-time feedback, and intervention tools for students and teachers. The platform aims to provide personalized learning support, connecting students with certified educators who can provide contextualized feedback and guide them towards a deeper understanding of academic concepts.

Tulip

Series C in 2021
Tulip Retail, Inc. is a cloud-based mobile platform designed specifically for retail store associates, founded in 2013 and headquartered in Toronto, Canada, with additional offices in Kitchener, London, Caerano di San Marco, and New York. The platform offers a suite of tools that empower store associates by providing real-time access to product and inventory information, customer profiles, and a variety of features for assisted selling and clienteling. Key components include a mobile associate app, checkout capabilities for omnichannel orders, and modules for streamlined store communications and look building based on customer preferences. By integrating mobile technology into the retail environment, Tulip aims to enhance the in-store shopping experience, boost sales, and improve customer service for leading retailers.

Agendrix

Venture Round in 2021
Agendrix is a cloud-based workforce management software designed to streamline employee scheduling, timesheet tracking, and workplace communication. The platform allows organizations to create schedules quickly, enabling employees to access their schedules anytime and anywhere via mobile or web applications. Agendrix centralizes employee availability, preferences, and leave requests, allowing workers to submit their own requests for approval. The software automatically records clock-in and clock-out times, simplifying timesheet management and facilitating seamless export to payroll systems. Additionally, it features tools for managing open shift requests and includes an internal messaging system for professional communication among employees. By enhancing visibility and efficiency, Agendrix supports organizations in improving employee retention and optimizing workforce management.

Introhive

Series C in 2021
Introhive, Inc. is a Canadian technology company based in Fredericton, New Brunswick, that specializes in developing contact mining software applications. Founded in 2012 by Jody Glidden and Stewart Walchli, the company offers a software-as-a-service (SaaS) platform designed to enhance revenue generation and improve customer experience management. Introhive's platform integrates relationship intelligence into customer relationship management (CRM) systems, utilizing data automation to accelerate sales processes. The company's enterprise relationship management solution provides valuable insights into client and prospect relationships, streamlining tasks such as sales hiring, prospecting, territory assignment, renewals, and lead scoring. By transforming disorganized data into actionable insights, Introhive aims to boost productivity and facilitate CRM adoption for its clients.

ApplyBoard

Series D in 2021
ApplyBoard is a technology company that facilitates the study abroad process for international students by connecting them with recruitment partners and educational institutions through a unified platform. The company simplifies the application journey, assisting students from around the globe in discovering, applying to, and enrolling in universities in North America. Founded eight years ago, ApplyBoard has rapidly expanded, employing over 1,200 team members and establishing a presence in 30 countries, including India, China, and the United States. In 2023, it received recognition from Deloitte as one of Canada’s fastest-growing technology companies for the fifth consecutive year, highlighting its significant impact on the education sector and its commitment to empowering students worldwide. The company's headquarters is located in Kitchener, Ontario, with an additional office in Gurugram, India.

Laurentide Paint

Private Equity Round in 2021
Laurentide Paint is a manufacturer and supplier of paint products.

Clir Renewables

Series B in 2021
Clir Renewables Inc. is a company that specializes in cloud-based renewable energy asset management and reporting software. Founded in 2016 and headquartered in Vancouver, Canada, with an additional office in Glasgow, United Kingdom, Clir's software-as-a-service platform is designed to assist asset managers and owners in optimizing the performance and profitability of renewable energy plants. By integrating deep domain expertise with artificial intelligence, Clir’s platform enhances annual energy production, monitors asset health, and effectively manages financial and technical risks associated with renewable energy assets.

Xanadu

Series B in 2021
Xanadu, founded in 2016, is a company dedicated to advancing quantum computing technology, focusing on its societal implications and practical applications. The organization aims to provide quantum computing on demand, achieving significant computational enhancements beyond classical methods for complex real-world challenges. Xanadu operates a quantum photonic platform that integrates quantum silicon photonic chips with existing hardware, creating a comprehensive quantum computing solution. By combining the expertise of leading scientists with industry professionals, Xanadu seeks to develop scalable quantum technologies that are accessible to a wide range of users, enabling them to address various business problems efficiently.

The GIST

Debt Financing in 2021
The GIST is a media company based in Toronto, Ontario, that focuses on providing sports content, experiences, and community specifically for women. Founded in 2017, The GIST curates and contextualizes sports news to empower and engage underserved sports fans who often feel excluded from mainstream conversations. The company offers a variety of platforms, including e-newsletters, social media content, a dedicated website, and GIST Viewing Parties, fostering a sense of community among its audience. By addressing the lack of diversity in the sports industry, The GIST aims to create a more inclusive environment where all fans can connect and engage with sports culture.

Neurescence

Debt Financing in 2021
Neurescence Inc. is a biotechnology company based in Toronto, Canada, focused on developing assessment tools for brain diseases and effective therapeutics. Established in 2014, the company specializes in biological optical imaging, offering innovative products such as its Quartet, a miniature fluorescence microscope designed for neuronal calcium imaging. This device allows for the simultaneous monitoring of neuronal activity across multiple regions of the brain and spinal cord in freely behaving subjects. Neurescence also provides GRIN lenses that facilitate imaging by transmitting fluorescence signals from neurons to a CMOS sensor, enabling healthcare providers to gain insights into brain function and localize areas for potential intervention in conditions such as Alzheimer's, epilepsy, and depression.
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