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.

Sarah Applebaum

Associate

Rob Barbara

Associate

Tony Bommel

Associate

Charles Conn

Associate

Todd Crescenzo

Associate

Mark Evans

Associate

Bernard W. Gray

Associate

Bettina Hamelin

Associate

Christophe Jurczak

Associate

Patrick Kappel

Venture Manager, Space stream

Sue Marks

Associate

Oliver Plunkett

Associate

Jay Rhind

Associate

KJELL SKAPPEL

Founding Partner and Associate

Susanne Stuffers

Associate

Katharine Tomko

Associate

Malcolm Fraser

Associate

Past deals in Ottawa

Spiderwort

Angel Round in 2019
Spiderwort is a company focused on developing innovative biomaterials for regenerative medicine, aiming to repair and regenerate human tissues. Founded in 2015 and based in Ottawa, Ontario, the company utilizes plant-derived cellulose to create various scaffold architectures, including powders, gels, membranes, and pastes. Currently in the pre-clinical stage, Spiderwort's novel biomaterials have shown promising results in terms of biocompatibility and their ability to induce angiogenesis, the generation of new blood vessels within the scaffolds. This approach seeks to advance applications in the healthcare industry, particularly for spinal cord injury repair and soft tissue regeneration, by utilizing plant-based materials rather than traditional synthetic substances.

eMurmur

Non Equity Assistance in 2018
eMurmur is a digital health company based in Ottawa, Ontario, that focuses on developing applications for the detection, analysis, and classification of heart murmurs. Established in 2015, the company utilizes advanced machine learning techniques to analyze medical data, particularly in auscultation. Its platform not only assists healthcare professionals in diagnosing heart conditions but also incorporates features for remote recording of heart sounds, tele-auscultation, and cloud integration. Additionally, eMurmur provides educational solutions aimed at enhancing classroom learning and self-paced education. Through its innovative technology, eMurmur aims to improve the screening, monitoring, and consultation processes related to heart, lung, and bowel health.

reDock

Non Equity Assistance in 2017
reDock Inc., established in 2016 and headquartered in Ottawa, Canada, specializes in AI-driven software that streamlines and accelerates the response to complex Request for Proposals (RFPs) for IT consulting, IT staffing, and management consulting firms in North America. The platform manages corporate projects, resumes, templates, compliance, requirement matching, and more, enabling proposal development teams to focus on high-value tasks while the software automates and optimizes the background processes, potentially reducing response time by up to tenfold.
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