Creative Destruction Lab (CDL)
The Creative Destruction Lab (CDL) is a seed-stage acceleration program founded in 2012 at the Rotman School of Management in Toronto, Canada. It is dedicated to supporting massively scalable, science- and technology-based ventures by providing a unique coaching process focused on specific objectives. CDL connects startups with experienced entrepreneurs and leading scientists across various sectors, including artificial intelligence, healthcare, quantum computing, blockchain, energy, and cleantech. The program has expanded its reach, operating in six cities: Vancouver, Calgary, Toronto, Montreal, Halifax, and New York City, and emphasizes the commercialization of scientific and technological advancements.
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Past deals in New Brunswick
Kognitiv Spark
Seed Round in 2018
Kognitiv Spark Inc. is a Canadian company specializing in mixed reality software solutions designed to enhance the capabilities of industrial workers. Founded in 2016 and headquartered in Fredericton, the company’s flagship product, RemoteSpark, is a cloud-based application that enables remote technicians to connect with experts through devices like tablets, phones, laptops, and HoloLens headsets. This platform facilitates real-time guidance by allowing experts to see what technicians see and to provide holographic instructions and resources, significantly improving task execution and training. Kognitiv Spark's offerings are particularly beneficial in sectors such as aerospace, defense, and security, where they help reduce equipment downtime, streamline knowledge transfer, and minimize the necessity for expert travel. With a focus on industrial-grade security and low-bandwidth operation, RemoteSpark is recognized for its reliability and effectiveness in complex operational environments.
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