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.

Kristin Aamodt

Associate

Sarah Applebaum

Associate

Rob Barbara

Associate

Maren Hjorth Bauer

Associate

Tony Bommel

Associate

Charles Conn

Associate

Todd Crescenzo

Associate

Matthieu Dederichs

Associate

Mark Evans

Associate

Bernard W. Gray

Associate

Bettina Hamelin

Associate

Christian Hernandez

Associate

Jacki Jenuth

Associate

Christophe Jurczak

Associate

Patrick Kappel

Venture Manager, Space stream

Eva Lau

Associate

Jiong Ma

Associate

Sacha Mann

Associate

Sue Marks

Associate

Oliver Plunkett

Associate

Jay Rhind

Associate

Robert Russell

Venture Leader, Energy Stream

Shally Shanker

Associate

KJELL SKAPPEL

Founding Partner and Associate

Susanne Stuffers

Associate

Alison Sunstrum

Founding Partner and Fellow

Katharine Tomko

Associate

Malcolm Fraser

Associate

Past deals in Geospatial

Eartheye Space

Pre Seed Round in 2024
Eartheye Space specializes in developing a comprehensive geographic information platform. This platform aggregates and presents data from various satellites, offering multiple sensor views on a single screen. It enables clients to securely extract information and generate insights in real-time, making geospatial data more accessible, affordable, and user-friendly for informed decision-making.

Kall Morris

Non Equity Assistance in 2022
Kall Morris is a space solutions company focused on developing innovative technology for the rendezvous, retrieval, and relocation of objects in orbit. With roots in both academia and industry, the company aims to transition from laboratory development to low Earth orbit operations in 2024, anticipating positive revenue by 2025. Kall Morris specializes in creating a commercially viable platform for collecting orbital debris, utilizing a future fleet of spacecraft equipped with proprietary artificial intelligence and machine learning software, alongside patented hardware. This technology enables the non-destructive securing of various in-space hazards, supporting the preservation of space for all users and facilitating critical missions for satellite operators. The company’s systems allow for the collection of multiple small debris pieces or large rocket bodies, significantly reducing the risk of orbital collisions.

TrustPoint

Non Equity Assistance in 2022
TrustPoint is developing a next-generation GPS signal processing technology to provide the performance and reliability required for safety-critical automation, vital infrastructure, and seamless augmented reality.

precursor SPC

Non Equity Assistance in 2022
Precursor SPC is focused on creating an AI-driven network of ground sensors and satellites that deliver geospatial intelligence services aimed at addressing critical challenges related to space weather and natural disasters. The company offers real-time information on space weather conditions and advanced earthquake forecasting, enabling decision-makers to anticipate seismic events and manage operational risks effectively. Their two primary applications include predicting earthquakes days ahead of occurrences and providing high-resolution, real-time representations of the ionosphere for space weather nowcasting. Precursor SPC targets key market segments such as insurance providers, government agencies, and large asset holders, equipping them with insights that help minimize damage and enhance preparedness for significant environmental events.

Lumi Space

Non Equity Assistance in 2022
Lumi Space is a developer of advanced satellite technology focused on providing precise information for space surveillance, particularly concerning satellite orbits and collision avoidance. The company offers data services and satellite retroreflectors, which enhance the accuracy of tracking space debris and satellite movements. Lumi Space is also engaged in research and development of high-power laser technologies aimed at minimizing the environmental impact associated with satellite operations. As the reliance on space infrastructure grows and the number of satellites increases, Lumi Space addresses the critical challenge of space debris, contributing to safer and more sustainable space activities.

Kayhan Space

Non Equity Assistance in 2021
Kayhan Space is a company focused on enhancing the safety of satellite operations through its mission analysis platform. It offers a cloud-based collision avoidance service that generates timely collision warnings and decision guidance for satellite operators. By integrating various spaceflight operations tools, Kayhan Space provides satellite operators with clear and actionable insights regarding close approaches, enabling them to make informed decisions and maintain their core missions effectively. The company's services are designed to improve space situational awareness, thereby fostering trust and transparency in the management of satellite traffic.

NewOrbit

Non Equity Assistance in 2021
NewOrbit specializes in manufacturing machinery related to air and spacecraft, focusing on enhancing network capabilities and image resolutions. The company has developed a satellite system that operates at extremely low altitudes, four times lower than traditional low Earth orbit satellites. This innovative approach significantly improves resolution and signal quality while maintaining a similar size, enabling clients to reduce mission costs and enhance overall performance. By propelling satellites to lower altitudes, NewOrbit aims to increase efficiency and affordability in the New Space sector.

Arkion

Seed Round in 2021
SkyQraft AB specializes in aerial inspections of power lines using long-range drones equipped with advanced imaging technology. Founded in 2019 and based in Stockholm, Sweden, the company employs fixed-wing unmanned aircraft to survey electric grids, capturing comprehensive 360-degree views of power lines. This data is processed through a machine learning-based risk assessment system, enabling the identification of potential issues. When problems are detected, SkyQraft dispatches ground crews to address the repairs. The innovative use of drones and automated analytics positions SkyQraft as a leader in enhancing the safety and efficiency of power line maintenance in northern Europe.

Paper Crane

Non Equity Assistance in 2021
Paper Crane is a startup focused on developing foundational artificial intelligence technologies that enhance access to advanced geospatial data insights. The company offers a technology platform that simplifies the utilization of location intelligence for a wide range of users. This platform includes licensed location data and a variety of analytical tools, allowing organizations and individuals to access geo and weather data with flexible usage rights. By making these insights more accessible, Paper Crane aims to democratize location intelligence, benefiting various sectors and users in their decision-making processes.

Salo Sciences

Non Equity Assistance in 2021
Salo Sciences is focused on addressing climate change and biodiversity loss through innovative technology. The company develops a climate technology platform that employs high-resolution remote sensing and artificial intelligence to monitor ecosystem health across vast areas at a low cost. By utilizing satellite data, Salo Sciences enables environmental stakeholders to track forest changes, quantify carbon stocks, and assess wildfire risks. This comprehensive monitoring capability allows organizations to improve land stewardship and implement effective conservation and restoration strategies. Ultimately, Salo Sciences aims to enhance sustainability efforts and promote climate resilience, making a significant contribution to the natural climate system.

Watermarq

Non Equity Assistance in 2021
Watermarq specializes in providing decision-useful insights to promote investment and collective action for water security. The company utilizes innovative technologies, including artificial intelligence and machine learning, to analyze satellite imagery and generate high-resolution, basin-specific data on water availability, quality, value, and access. This data is designed to assist clients in the public, private, and financial services sectors in making informed decisions regarding environmental, social, and governance risks. By focusing on operational insights, Watermarq enables its clients to estimate future risks based on observed data, rather than relying on speculation.

Orbital EOS

Non Equity Assistance in 2021
Orbital EOS S.L. is a company based in Valencia, Spain, that specializes in earth observation solutions through satellite-based technologies. Founded in 2019, the company focuses on addressing challenges in the maritime domain, including oil spill detection, ship monitoring, coastal surveillance, wildfire detection, logistics, and air quality assessment. Its platform employs artificial intelligence and utilizes multispectral and hyperspectral sensors for continuous monitoring and analysis of oceanic areas, enabling effective detection and classification of marine pollution events. Orbital EOS aims to provide valuable insights and support to various industries reliant on maritime environments.

Geckomatics

Non Equity Assistance in 2021
Geckomatics specializes in providing geoinformation solutions that assist businesses and governments in managing public space assets. The company offers a cloud-based platform that delivers up-to-date data and flexible services, ensuring users have access to the latest information. By leveraging advanced technologies such as data analytics, artificial intelligence, and geospatial imaging, Geckomatics develops custom mobile mapping systems that enable efficient navigation tailored to specific requirements. Their secure and scalable interface is designed to enhance the decision-making process for users, ultimately improving the management of geographical data and public assets.

HazardHub

Non Equity Assistance in 2021
HazardHub Inc., founded in 2016 and based in San Diego, California, specializes in providing comprehensive property-level hazard risk databases across the United States. The company focuses on aggregating and analyzing risk data related to various environmental threats, including wind, hail, tornadoes, flooding, earthquakes, and wildfires. By leveraging third-generation geospatial risk files, HazardHub transforms extensive datasets into actionable insights that enable users to assess the probability and severity of potential hazards affecting their properties. The platform aims to enhance disaster management efforts by offering hazard alerts that help communities safeguard their land and buildings from unforeseen geographical risks. HazardHub is committed to making its geographic hazard data accessible to all individuals, allowing them to understand the risks associated with their locations.

Blue Ocean Gear

Non Equity Assistance in 2021
Blue Ocean Gear specializes in the design and manufacture of advanced GPS tracking buoys, specifically engineered to meet the challenging demands of modern fixed gear fishing. Their innovative SmartBuoy product suite provides fishers, aquaculture farmers, and ocean scientists with the ability to track and monitor data from their equipment in real-time, regardless of location. This technology significantly improves operational efficiency and profitability by reducing fuel costs and minimizing the risk of lost gear, while also offering valuable insights into local ocean conditions. Additionally, Blue Ocean Gear's solutions contribute to addressing environmental issues related to marine plastic pollution and gear entanglement, promoting more sustainable management of ocean resources.

Aquark Technologies

Non Equity Assistance in 2021
Aquark Technologies specializes in the development of compact cold-atom systems aimed at advancing quantum applications such as atomic clocks, sensors, and navigation systems. The company employs a unique laser geometry technique, stemming from over a decade of proprietary research at the University of Southampton, to miniaturize these systems to the size of a matchbox. This innovation enables the creation of plug-and-play quantum devices that offer portability and support the integration of quantum technologies into everyday life, paving the way for the next generation of quantum sensing and computing solutions.

RockMass

Seed Round in 2020
RockMass Technologies is transforming the field of structural mapping through the development of innovative data collection tools tailored for geologists. The company's technology enhances the efficiency, accuracy, and safety of data collection in various sectors, including mining, exploration, civil engineering, and education. By providing real-time measurements of structural information from exposed rock faces, RockMass enables geologists to effectively analyze and assess the stability of geological formations. This advancement not only improves the process of geological mapping but also supports safety and operational efficiency in the industries it serves.

Miles Space

Non Equity Assistance in 2020
Miles Space, based in Tampa, Florida, specializes in the development of advanced spacecraft propulsion and communication technologies. The company focuses on creating innovative solutions such as plasma thrusters and signal processing systems, which enhance communication capabilities for Low Earth Orbit (LEO) and Geostationary Orbit (GEO) applications. Their offerings enable clients to deploy communication systems worldwide at a significantly reduced cost compared to traditional satellite dishes. Additionally, Miles Space is working on a miniature spacecraft designed to travel into outer space, showcasing their newly developed navigation and propulsion technologies. Through these advancements, the company aims to revolutionize space communication and exploration.

4pi Lab

Non Equity Assistance in 2020
4pi Lab specializes in early wildfire detection, geolocation, and monitoring solutions aimed at mitigating the impacts of catastrophic wildfires. The company leverages its proprietary services platform and the EPiC satellite constellation to provide real-time detection and monitoring of wildfires with exceptional accuracy, offering AI-alerted reporting at a resolution of 5 meters. This technology enables organizations to identify very small fires quickly, facilitating data-driven responses within minutes and addressing the growing global wildfire epidemic. By employing advanced satellite technology, 4pi Lab aims to enhance the effectiveness of wildfire management and response efforts.

Red Leader

Non Equity Assistance in 2020
Red Leader Technologies, founded in 2018 and based in Palo Alto, California, specializes in developing hardware and software solutions for high-definition software-defined lidar systems aimed at 3D mapping. The company’s innovative lidar technology functions as a three-dimensional camera, offering full-depth information and controllable zoom capabilities without relying on beam steering techniques. This advanced system allows for the simultaneous imaging of hundreds of lasers, significantly enhancing image resolution and improving manufacturability while ensuring straightforward integration for clients.

Open Ocean Robotics

Non Equity Assistance in 2020
Open Ocean Robotics is a company focused on collecting ocean data using solar-powered autonomous boats. Founded in 2018 and based in Victoria, British Columbia, the company operates unmanned surface vehicles (USVs) equipped with sensors, cameras, and communication devices. These boats can gather information from various locations in the ocean, providing real-time data that can aid in protecting endangered whale species, optimizing shipping routes for fuel efficiency, combating illegal fishing, and enhancing understanding of climate change impacts. By offering a safe, efficient, and cost-effective alternative to traditional crewed vessels, Open Ocean Robotics enables clients to monitor ocean traffic and conduct marine observations effectively.

MicroTraffic

Non Equity Assistance in 2020
MicroTraffic is a company that leverages AI-powered computer vision technology to enhance road safety by analyzing existing overhead traffic camera footage. Its platform identifies near-misses, assesses the likelihood of future collisions, and assists cities in developing proactive safety improvement plans. By providing ongoing monitoring of risk reduction, MicroTraffic supports traffic engineering teams within public works departments, aligning with the Vision Zero initiative to eliminate traffic fatalities. The company has been deployed in 95 cities worldwide, including major urban areas such as Los Angeles, Austin, and Beijing. With a remarkable crash prediction accuracy of 94%, cities implementing MicroTraffic's safety measures have reported an average risk reduction of 80%. This initiative addresses the critical issue of road crashes, which rank as the eighth leading cause of death globally and impose significant financial burdens on municipalities.

Impossible Sensing

Non Equity Assistance in 2020
Impossible Sensing specializes in developing advanced optical sensor technologies tailored for both terrestrial and extraterrestrial environments. The company creates ultra-sensitive laser spectrometers and onboard systems for landers and rovers, facilitating automated sample capture by flyby spacecraft. Their innovations support various fields, including space exploration, ocean exploration, mining, and energy sectors. By leveraging techniques such as laser-induced breakdown spectroscopy (LIBS), ultraviolet spectroscopy, and Raman spectroscopy, Impossible Sensing aims to enhance geochemical analysis and enable low-limit detection in challenging conditions. Their commitment to integrating artificial intelligence and cutting-edge optoelectronics positions them as a key player in the future of exploration and scientific discovery.

Red Leader

Non Equity Assistance in 2020
Red Leader Technologies, founded in 2018 and based in Palo Alto, California, specializes in developing hardware and software solutions for high-definition software-defined lidar systems aimed at 3D mapping. The company’s innovative lidar technology functions as a three-dimensional camera, offering full-depth information and controllable zoom capabilities without relying on beam steering techniques. This advanced system allows for the simultaneous imaging of hundreds of lasers, significantly enhancing image resolution and improving manufacturability while ensuring straightforward integration for clients.

Deep Planet

Non Equity Assistance in 2020
Deep Planet operates an agri-tech platform that utilizes artificial intelligence and machine learning to analyze satellite imagery and IoT sensors, specifically focusing on the wine grape growing sector. The company aims to provide actionable insights that assist wine growers and winemakers in making informed decisions. By leveraging space technology, Deep Planet contributes to global sustainability efforts, offering valuable data that enhances farming and sourcing strategies across various industries, including agriculture, forestry, and resource management. The company has garnered support from notable organizations such as the European Space Agency and the University of Oxford, and has been recognized as a significant player in the FoodTech sector.

NXT Farm

Non Equity Assistance in 2019
NXT Farm provides industry-first algorithms for processing satellite imagery which help a farmer optimize their inputs and maximize their yields.

Pixxel

Non Equity Assistance in 2019
Pixxel is a space data company based in Bengaluru, India, that specializes in manufacturing remote sensing satellites. Founded in 2018, the company develops a constellation of hyperspectral earth imaging satellites capable of capturing geospatial data from every location on the planet. These satellites provide globally accessible, real-time data that can be used for various applications, including climate monitoring, crop yield prediction, urban planning, and disaster response. The constellation is designed to offer global coverage every 24 hours, enabling users to detect, monitor, and predict environmental and economic phenomena. Through its advanced analytical tools, Pixxel aims to support organizations in making informed decisions based on ever-changing data.

Ratio.City

Seed Round in 2019
Ratio.City Inc. is a Toronto-based company founded in 2017 that specializes in online mapping and analysis tools for the real estate industry. Its platform enables real estate professionals to strategically identify and evaluate urban development opportunities, helping them unlock the full potential of various sites. The company offers three-dimensional building simulations that comply with city planning regulations, facilitating informed land valuations. This technology allows users to efficiently assess potential development locations and determine land values quickly, streamlining the decision-making process for real estate developers.

RoadBotics by Michelin

Non Equity Assistance in 2019
RoadBotics by Michelin specializes in advanced computer vision technology to assess and monitor public infrastructure, particularly roads. The company automates image mapping and road evaluations, utilizing machine vision and machine learning to quickly identify road issues on a large scale. Its web-based platform generates interactive maps and unbiased ratings, allowing governments and communities to make informed, data-driven decisions about their infrastructure assets. This approach not only streamlines the road assessment process but also helps municipalities effectively plan maintenance and save taxpayer resources. By providing practical tools for road condition evaluation, RoadBotics supports hundreds of communities globally in enhancing their public infrastructure management.

XOCEAN

Angel Round in 2019
XOCEAN Limited is a company that specializes in providing Data Collection-as-a-Service through its innovative uncrewed surface vessels (USVs). Founded in 2017 and based in Greenore, Ireland, XOCEAN focuses on delivering comprehensive ocean data solutions for surveyors, government bodies, and various offshore industries. The company's USVs are designed for unmanned operations over the horizon, utilizing satellite communications for real-time data acquisition, processing, and interpretation. XOCEAN also offers its CyberDeck, a secure cloud-based platform that enables remote monitoring and control of USVs, ensuring high-quality data collection while allowing adjustments to sensor parameters as needed. Their services encompass a range of applications, including seabed mapping, environmental monitoring, fisheries, bathymetry, and met ocean data. By leveraging proprietary technology, XOCEAN provides a safe, economical, and carbon-neutral approach to meeting the ocean data needs of its clients.

Geocento

Non Equity Assistance in 2019
Geocento is focused on transforming the commercial earth observation sector by addressing the limitations of traditional single-source supply chains in satellite imagery procurement. The company has developed an online earth imagery system that facilitates flexible access to a diverse range of satellite data from multiple suppliers, allowing clients to overcome the challenges associated with legacy systems. By promoting a multi-source approach, Geocento enhances the usability and scalability of earth observation capabilities, enabling businesses to leverage powerful insights and analytics tailored to their specific needs. The company's model supports dynamic and competitive market access, driving innovation and efficiency in the procurement process. Geocento aims to provide industry specialists with easy-to-use web-based imagery portals, ultimately contributing to opportunities in health, sustainability, and environmental management.

Bluefield

Seed Round in 2019
Bluefield Technologies Inc. specializes in the development of microsatellite sensors aimed at monitoring methane emissions. The company employs advanced artificial intelligence for imaging and analysis, allowing for precise and continuous detection of methane leaks, particularly in the oil and gas sector. Its technology not only aids in identifying emissions but also provides insights into environmental monitoring and livestock management. By offering a subscription-based platform, Bluefield enables its clients, including oil and gas companies, government agencies, and environmental organizations, to access real-time alerts and analytics, thereby supporting efforts to track climate change and reduce greenhouse gas emissions. Founded in 2017, Bluefield is headquartered in Palo Alto, California.

Ondaka

Seed Round in 2019
Ondaka, founded in 2017 and based in Palo Alto, California, specializes in providing interactive, high-resolution 3D visualizations of remote assets primarily for the oil and gas sector, as well as heavy equipment industries. The company's platform aims to enhance visual understanding and deliver contextualized data for facility engineers and project stakeholders. By integrating AI-powered data surfacing and IoT technologies, Ondaka enables clients to efficiently access critical information, thereby improving safety and reducing man-hours. Their growing clientele includes major operators and oilfield service companies, with solutions that span various stages of operations, from well pads to pipelines and refineries.

Wyvern

Non Equity Assistance in 2019
Wyvern operates hyperspectral Earth observation satellites designed to capture high-resolution imagery across various spectral bands. By utilizing advanced hyperspectral sensors, the satellites can identify distinct chemical and physical properties of the Earth's surface. This capability makes Wyvern's imagery a valuable resource for applications in site monitoring, mapping, and geospatial intelligence. The company's smaller satellites maintain the same spatial resolution and superior spectral content as larger counterparts, allowing industries such as agriculture, forestry management, and environmental monitoring to access critical data at a more affordable price. This enables faster, informed decision-making across multiple sectors.

Quantopo

Non Equity Assistance in 2019
Quantopo uses quantum computing and geometry-based algorithms to provide computation in supply chain and logistics. Quantopo’s time-series-based solutions are expected to help manufacturing companies better understand consumption patterns, future budgets, and optimal routing of supplies among different locations.

SB Quantum

Non Equity Assistance in 2019
SBQuantum is building an integrated product offering that first detects and then understands changes in magnetic resonance lines before visualizing the output on a customizable platform. They use magnetic intelligence to build a precise, localized magnetic model of the earth that will allow them to understand and navigate through the environment.

GeologicAI

Grant in 2018
GeologicAI is a software company that focuses on developing a cloud-based platform tailored for the oil and gas industry. The platform is designed to host, visualize, and analyze geological and production data, providing exploration and production companies with critical insights into reservoirs. GeologicAI specializes in generating and analyzing high-resolution geological data at the millimeter scale, which is essential for addressing the challenges associated with unconventional resource extraction. By offering valuable analytical tools, the company supports both oil and gas and mining sectors in optimizing their operations and decision-making processes.

Bluefield

Non Equity Assistance in 2018
Bluefield Technologies Inc. specializes in the development of microsatellite sensors aimed at monitoring methane emissions. The company employs advanced artificial intelligence for imaging and analysis, allowing for precise and continuous detection of methane leaks, particularly in the oil and gas sector. Its technology not only aids in identifying emissions but also provides insights into environmental monitoring and livestock management. By offering a subscription-based platform, Bluefield enables its clients, including oil and gas companies, government agencies, and environmental organizations, to access real-time alerts and analytics, thereby supporting efforts to track climate change and reduce greenhouse gas emissions. Founded in 2017, Bluefield is headquartered in Palo Alto, California.

Ideon Technologies

Non Equity Assistance in 2018
Ideon Technologies Inc. specializes in developing advanced bore-hole detectors and a subsurface intelligence platform for mineral exploration and monitoring. This platform employs cosmic-ray muon tomography, integrating proprietary detectors, imaging systems, inversion technologies, and artificial intelligence to achieve x-ray-like imaging capabilities down to 1 kilometer beneath the Earth's surface. By detecting subsurface muons, Ideon transforms data into reliable geophysical surveys and three-dimensional density maps, allowing exploration geologists to identify, map, and monitor mineral and metal deposits with enhanced precision. The company's innovative approach helps reduce drilling costs and risks, saves time, and minimizes environmental impacts associated with traditional exploration methods. Founded in 2011 and headquartered in Richmond, Canada, Ideon Technologies emerged as a spin-off from TRIUMF, Canada's national particle accelerator laboratory, and was previously known as CRM GeoTomography Technologies, Inc. until its name change in May 2020.

RockMass

Convertible Note in 2018
RockMass Technologies is transforming the field of structural mapping through the development of innovative data collection tools tailored for geologists. The company's technology enhances the efficiency, accuracy, and safety of data collection in various sectors, including mining, exploration, civil engineering, and education. By providing real-time measurements of structural information from exposed rock faces, RockMass enables geologists to effectively analyze and assess the stability of geological formations. This advancement not only improves the process of geological mapping but also supports safety and operational efficiency in the industries it serves.

Local Logic

Non Equity Assistance in 2017
Local Logic is a location intelligence platform based in Montreal, Quebec, that specializes in digitizing the built environment to provide actionable insights for consumers, investors, developers, and governments. By leveraging artificial intelligence and geospatial data, the platform quantifies lifestyle and location characteristics, offering predictive analytics that inform decision-making in the real estate sector. With access to over 75 billion data points, Local Logic supports clients in the $217 trillion real estate market across the US and Canada, providing tools for urban planning and project strategy. The company collaborates with various stakeholders, including commercial real estate, travel, and media firms, to enhance the planning and development of sustainable and equitable urban spaces.

Nava

Pre Seed Round in 2017
Nava is a company focused on bridging the gap between offline and online experiences, aiming to capitalize on a significant market opportunity. By collaborating with business owners, chefs, artists, and designers, Nava crafts unique narratives that integrate content with data science, guiding consumers from discovery to purchase. The company utilizes behavioral and geospatial data to assist independent shop owners in attracting and retaining a loyal customer base. Additionally, Nava has developed a travel itinerary application that helps users explore lesser-known destinations tailored to their preferences. This application leverages data collected through user interactions and social graphs, employing machine learning to generate insights that enhance travel experiences. Overall, Nava is dedicated to providing small and medium-sized enterprises with tools to create immersive and personalized experiences for their customers.

SkyWatch

Seed Round in 2016
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, SkyWatch has developed a satellite data intelligence platform that makes satellite data accessible to a wide range of users. Its platform enables developers to integrate Earth observation data into their applications and workflows cost-effectively. By providing access to remote sensing datasets, SkyWatch assists users in analyzing satellite data for various applications, including monitoring agricultural progress, predicting market trends, tracking maritime and aerial movements, and assessing global warming.

SkyWatch

Non Equity Assistance in 2015
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, SkyWatch has developed a satellite data intelligence platform that makes satellite data accessible to a wide range of users. Its platform enables developers to integrate Earth observation data into their applications and workflows cost-effectively. By providing access to remote sensing datasets, SkyWatch assists users in analyzing satellite data for various applications, including monitoring agricultural progress, predicting market trends, tracking maritime and aerial movements, and assessing global warming.

Placenote

Non Equity Assistance in 2014
Placenote is a San Francisco-based company, founded in 2015, that specializes in augmented reality technology for visual mapping. It offers an online platform and mobile application that allows users to create 3D map markers by scanning physical spaces. The platform features a virtual sticky note system, enabling users to attach digital notes to objects and locations, facilitating the organization and sharing of information in a visually engaging manner. Placenote's mission is to enhance real-world interactions by enriching everyday experiences with immersive AR, ensuring users can easily navigate and connect with their surroundings. The company also has an office in Toronto, Canada.

PiinPoint

Non Equity Assistance in 2013
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 assists businesses in identifying new locations and forecasting future sales across North America. PiinPoint's services enable users to monitor the performance of existing locations, uncover key success factors, and explore potential sites for expansion. The platform integrates various datasets, including traffic, demographics, and available commercial real estate, to facilitate comprehensive location analysis. Additionally, PiinPoint provides reporting tools that deliver in-depth insights into prospective locations, aiding businesses in making informed decisions for growth.
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