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

Katharine Tomko

Associate

Past deals in Industrial Automation

sensmore

Non Equity Assistance in 2023
Sensmore is a technology company that specializes in developing artificial intelligence automation software tailored for heavy machinery. Its innovative solutions include proprietary perception software combined with adaptable sensor technology that can be deployed across various systems. This approach allows for cost-effective implementation, enabling mine operators and other users to enhance productivity while reducing operational costs and improving safety in their operations. The company also offers an asset management platform to further support clients in optimizing their equipment utilization and performance.

Build Beyond

Non Equity Assistance in 2022
Build Beyond is a pioneering space technology company specializing in orbital debris recycling. It designs and manufactures innovative, autonomous devices that capture and process metals from defunct satellites and other space assets. Using advanced electromagnetic forces and fields, these devices transform the harvested metals into valuable manufacturing feedstock or propellant rods, with no moving parts and minimal heat application. This contactless recycling process enables clients to efficiently manage and repurpose space waste, promoting a cleaner and more sustainable space environment.

Iris Dynamics

Non Equity Assistance in 2021
Iris Dynamics Ltd. is a privately-owned Canadian technology startup based on Vancouver Island, British Columbia. The company specializes in the development of electric linear actuators featuring a magnetic force controlled feedback system, which enhances the human-machine interface across various applications. This innovative technology has been implemented in multiple sectors, including aircraft controls, flight simulation, remotely piloted vehicles, heavy equipment, submersibles, automotive systems, industrial automation, robotics, and semiconductor manufacturing. Iris Dynamics aims to improve processes that previously relied on less efficient and more costly technologies while also developing high-performance stabilization platforms for diverse client-led projects. The company actively sponsors advanced electromagnetic research at major Canadian universities and is seeking industry partners to further advance its technology.

Continuum Industries

Non Equity Assistance in 2021
Continuum Industries Ltd is a technology company based in Edinburgh, United Kingdom, founded in 2018. It specializes in developing automation and optimization tools for engineers and planners involved in infrastructure design. The company's software solutions are specifically tailored for power, utility, and renewable energy sectors, enabling users to visualize, analyze, and assess routing options for infrastructure projects such as railways, roads, pipelines, and power lines. By leveraging artificial intelligence, Continuum Industries' tools enhance design automation and workflow management, allowing engineering professionals to significantly reduce the time required for early-stage design work and improve the efficiency of existing engineering designs.

Hydromea

Non Equity Assistance in 2021
Hydromea is a developer of a portable underwater robotics ecosystem that focuses on providing access to submerged assets and data in underwater environments. The company has created a scalable multi-robot inspection and sensing system that can be permanently installed at sea or deployed from mobile autonomous crafts. This system is designed for remote tasking to conduct regular inspections, environmental measurements, and emergency responses. Hydromea's technology features in-house developed sensors that can be fitted to drones, enabling faster data collection both onshore and offshore. By emphasizing portability, affordability, and ruggedness, the company aims to deliver valuable insights to clients while ensuring its solutions can withstand harsh underwater conditions.

Ehva

Non Equity Assistance in 2021
Ehva is a technology company that specializes in automation solutions and test services for integrated photonics research and development (R&D) and manufacturing processes. Established as a spin-off from the Center for Optics, Photonics, and Lasers (COPL), Ehva leverages its roots in world-class photonics research to deliver innovative solutions. The company offers cloud-based software for creating and implementing complex tasks, facilitating multi-user collaboration, generating structured data, and providing AI-assisted analysis. Additionally, Ehva supplies test stations and services to its clients, aiming to streamline their R&D and production workflows by breaking bottlenecks in integrated photonics testing and manufacturing.

Komfort IQ

Non Equity Assistance in 2021
Komfort IQ is a company focused on enhancing energy efficiency in commercial buildings, addressing the significant energy consumption attributed to HVAC systems. By employing artificial intelligence, the Internet of Things, and machine learning algorithms, Komfort IQ has developed an innovative system that optimizes heating and cooling. This technology not only manages temperature preferences for individuals throughout the workday but also supports commercial offices in reducing energy usage and lowering electricity costs. The company's solutions aim to create a more comfortable and efficient working environment, contributing to sustainability efforts in the built environment.

HAXIO

Non Equity Assistance in 2021
HAXIO specializes in AI-driven visual inspection solutions for manufacturing. Their core product is an AI-powered software that enhances existing video surveillance cameras with intelligent anomaly detection capabilities. This allows for real-time monitoring of production lines, identifying defects, and enabling swift corrective actions. HAXIO focuses on seamless integration with leading industrial systems, empowering manufacturers to leverage their existing infrastructure and deploy AI-driven quality control more efficiently and cost-effectively than traditional methods.

PulSenics

Non Equity Assistance in 2021
Pulsenics specializes in real-time electrochemical system monitoring and control solutions, employing artificial intelligence to enhance the efficiency of electrochemical processes. The company's technology offers critical insights into various operational parameters, such as electrolyte concentration, membrane health, power consumption, and electrode adsorption. By facilitating effective process control, Pulsenics aims to improve the quality of final effluent while optimizing maintenance schedules. This focus on operational efficiency not only aids in reducing overall energy consumption but also lowers operating expenditures for businesses involved in electrochemical treatments.

LGN

Non Equity Assistance in 2021
LGN Innovations, Inc. specializes in artificial intelligence-based perception systems that aim to replicate human-level perception in autonomous technologies. Founded in 2018 and headquartered in San Francisco, with additional offices in London and Zagreb, the company develops innovative products such as LGN Auto-Calibrate, which connects AI systems to sensor arrays, and LGN Intelligent Select, which efficiently compresses and filters data. Their technology enhances the resolution and imaging capabilities of various devices, facilitating applications across multiple sectors, including automotive, retail, and satellite industries. By optimizing data capture and processing, LGN's solutions reduce costs and power consumption while promoting high-level autonomy, making advanced AI capabilities accessible to a broader range of industries.

AWE Technologies

Non Equity Assistance in 2021
AWE Technologies specializes in developing wave-based, non-invasive sensor technologies. They use a range of wave energies, from acoustics to electromagnetics, to characterize, measure, and manipulate objects and fluids. Their core technologies include acoustic resonance spectroscopy, swept frequency acoustic interferometry, and acoustic manipulation, serving diverse industries such as biomedical, environmental, energy, and manufacturing.

Nfinite Nanotech

Non Equity Assistance in 2021
Nfinite Nanotechnology is an advanced materials company specializing in open-air atomic layer deposition (ALD) technology to produce functional nanomaterials. The company focuses on enabling innovations in various sectors, including sustainable packaging, batteries, and photovoltaics. Nfinite has developed a rapid open-air nanocoating system that delivers large-area, high-quality ultrathin films at speeds up to 100 times faster than traditional ALD methods, significantly reducing costs. This technology sets new industry standards by providing packaging manufacturers with the ability to create cost-effective, sustainable packaging solutions that are fully compostable, recyclable, and capable of preserving product freshness and shelf life. Through its innovative approach, Nfinite aims to accelerate the development and commercialization of transformative technologies for a sustainable future.

InOrbit

Seed Round in 2020
InOrbit, Inc. is a technology company that specializes in a cloud-based robot management platform designed to facilitate the development, deployment, and operation of autonomous robots across various industries. Founded in 2017 and headquartered in Mountain View, California, InOrbit provides a comprehensive suite of services including real-time analytics, incident management, adaptive diagnostics, and predictive analytics. The platform supports secure cloud-robot communications and enables effective monitoring and management of robot performance. InOrbit's technology is particularly valuable in the rapidly growing commercial service robot market, which is projected to reach $50 billion by 2024. The company serves a diverse clientele spanning agriculture, hospitality, logistics, and retail, and collaborates with prominent partners such as Google and Qualcomm. The founding team comprises experts with extensive backgrounds in robotics and technology, collectively holding over 50 patents in relevant fields. Through its innovative approach, InOrbit aims to bridge the autonomy gap and enhance the operational capabilities of robotics companies and operators globally.

Miraex

Grant in 2020
Miraex SA is a Swiss company based in Lausanne, established in 2019, that specializes in the development and manufacture of photonic sensors, quantum transducers, and quantum converters. The company focuses on providing advanced solutions for industrial applications, aerospace, security and defense, and quantum networking and computing. Miraex's innovative systems are designed to enhance next-generation sensing and computing capabilities, particularly in challenging environments where traditional electronic sensors are ineffective. The company's offerings include high-sensitivity measurement tools and infrastructure for distributed quantum computing, aimed at preventing asset failures before they occur.

Rithmik Solutions

Non Equity Assistance in 2020
Rithmik Solutions Ltd. is a Montreal-based company that specializes in developing software solutions tailored for the mining industry. Founded in 2017, Rithmik focuses on predictive maintenance for mobile mining equipment through its artificial intelligence platform. The company's flagship product, the Asset Health Analyzer, utilizes AI to monitor equipment health by creating a virtual model of a healthy asset alongside its physical counterpart. This innovative approach allows for the early detection of deviations from optimal performance, thereby providing insights that help clients reduce maintenance costs and increase equipment uptime. Rithmik Solutions is dedicated to enhancing productivity and profitability within the mining sector through its advanced analytics systems.

i-5O

Non Equity Assistance in 2020
i-5O is a developer of an artificial intelligence-based operations management platform aimed at enhancing production output for manufacturers. The company’s technology aggregates and analyzes data from various Internet of Things sources, providing insights into key performance metrics such as labor efficiency, capacity utilization, and processing times. This enables manufacturers to make informed decisions and quickly identify and address inefficiencies in their operations. i-5O envisions a future where humans and machines collaborate effectively, ensuring that advancements in robotics and automation lead to meaningful improvements in productivity and performance.

ThermoAI

Non Equity Assistance in 2020
ThermoAI is a developer of advanced sensor technology and proprietary machine learning algorithms aimed at optimizing industrial combustion processes. By leveraging IoT and AI, the company’s systems continuously monitor various factors such as moisture content, atmospheric pressure, and air intake levels to enhance combustion efficiency. This technology enables power plant operators to achieve near-perfect chemical reactions, resulting in significant fuel savings, increased energy output, and extended lifespans for expensive equipment. Additionally, ThermoAI's solutions contribute to lowering emissions, thereby supporting environmental sustainability while improving operational performance in power generation facilities.

Weav3d

Non Equity Assistance in 2020
WEAV3D Inc. is a technology company based in Norcross, Georgia, specializing in composite forming machinery and processing equipment. Founded in 2017, the company has commercialized a unique composite forming technology initially developed at the Georgia Institute of Technology. This technology integrates weaving and composite consolidation into an automated, continuous process that significantly reduces waste, cycle time, and material handling costs. WEAV3D's composite forming process allows for the production of lightweight structural composite parts using optimized lattice structures combined with various molding techniques, including injection molding and compression molding. This innovative approach can lower part costs by up to 75% compared to traditional carbon fiber composite manufacturing methods, making it advantageous for businesses in high-volume and cost-sensitive markets.

ARIX Technologies

Non Equity Assistance in 2020
ARIX Technologies, Inc. is a robotics and data analytics company specializing in the design and development of crawling robots for pipeline inspection, primarily serving the oil and gas and petrochemical industries. Founded in 2017 and headquartered in Jackson, Louisiana, with an engineering office in Houston, Texas, the company focuses on integrating advanced robotics with data analytics to transform corrosion detection and analysis in manufacturing facilities. By providing innovative inspection services, ARIX Technologies aims to enhance safety, improve sustainability, and help manufacturing companies significantly reduce operational costs.

Lynceus

Non Equity Assistance in 2020
Lynceus is a company that specializes in AI and machine learning solutions aimed at enhancing quality control in complex manufacturing processes. Founded by David Meyer and Guglielmo Montone in Paris, the company develops software that predicts the outcomes of quality tests in real-time, allowing manufacturers to identify potential defects and monitor machine performance effectively. By leveraging advanced algorithms, Lynceus enables clients to anticipate quality issues before they occur, facilitating timely adjustments to production processes. This proactive approach not only improves product quality but also leads to significant cost savings for manufacturers.

Phaseshift Technologies

Pre Seed Round in 2020
PhaseShift Technologies is addressing the critical need for new materials that can overcome limitations in performance, efficiency, cost, availability, and sustainability. Traditional material development relies heavily on trial-and-error, requiring costly and time-consuming physical experiments. This approach can extend projects over 10-20 years and cost millions of dollars, with no guarantee of success. PhaseShift's Rapid Alloy Design (RAD)™ technology revolutionizes this process by using AI to create optimized alloys tailored to specific use cases. Paired with Multi-Scale Simulations to accurately predict material performance, RAD™ minimizes the time and effort spent on unsuccessful trials. This leads to faster, more efficient development cycles and a significant reduction in resources required to meet design goals. Through the RAD™ platform, PhaseShift designs a portfolio of innovative alloys, which are commercialized via strategic partnerships with manufacturers.

aDolus Technology

Seed Round in 2020
aDolus Technology develops a cybersecurity platform designed to enhance the security of industrial and medical systems. The company's innovative solution generates Software Bills of Materials (SBOMs) from software binaries, allowing for the analysis of vulnerabilities, malware, and obsolescence within software components. By providing a risk score for software used in regulated and sensitive industries, aDolus enables organizations to detect counterfeit components and assess third-party risks, thereby safeguarding critical infrastructure. With a growing database of 32 million records and a vendor-agnostic approach, aDolus is positioned to address the urgent need for security solutions in a rapidly expanding market, particularly for the Internet of Things (IoT) and Industrial Control Systems (ICS). As the security landscape evolves with increasing regulatory demands and the proliferation of connected devices, aDolus aims to capitalize on significant opportunities across various sectors, including energy, transportation, medical, and defense.

Copperstone Technologies

Pre Seed Round in 2020
Copperstone Technologies specializes in developing advanced robotic systems to assist large mining companies in managing the liabilities and safety costs associated with tailings ponds. The company has created a field robot named HELIX, designed to access tailings ponds in previously unattainable ways. By equipping HELIX with sensors and sampling payloads, Copperstone enables the collection of critical data while minimizing risks to personnel. In addition to HELIX, the company offers expertise in electrical and mechanical design, employing remote sensing technologies to gather information from hazardous environments. This innovation allows clients to monitor equipment performance in remote locations, enhancing operational efficiency and reducing costs.

G2V Optics

Seed Round in 2019
G2V Optics Inc. is a manufacturer of light-emitting diode (LED) solar simulators and commercial lighting automation products, primarily serving the scientific, vertical farming, and industrial sectors. Founded in 2015 and based in Edmonton, Canada, the company focuses on developing technologies that enhance food production while minimizing freshwater and land usage. G2V Optics offers a range of products, including horticulture lighting, pico solar simulators, and sunbrick solar simulators. Their innovative solutions enable greenhouses, vertical farms, and home growers to achieve better crop yield and quality through advanced multi-zone lighting and plant monitoring systems. The company's commitment to leveraging technology aims to address the challenges of feeding a growing population sustainably.

Coastal Genomics

Non Equity Assistance in 2019
Coastal Genomics Inc., established in 2012 and based in Burnaby, Canada, specializes in research and development within the life sciences automation sector. The company is known for its ranger technology, which automates the gel-based size selection of biomolecules, a critical process in DNA analysis. By creating automated solutions tailored to sample preparation needs, Coastal Genomics addresses challenges in the medical diagnostics field, enhancing efficiency and precision in laboratory workflows.

Sobie Systems

Non Equity Assistance in 2019
Sobie Systems is a technology company specializing in IoT devices for HVAC systems. Their core product is a real-time monitoring device that connects directly to furnace control boards, transmitting error codes and enabling swift identification and resolution of potential issues. This not only enhances system efficiency and occupant comfort but also ensures safety by mitigating carbon monoxide risks.

Taiga Robotics

Seed Round in 2019
Taiga Robotics is an industrial robotics machinery manufacturer specializing in providing custom automation solutions for businesses of all sizes. The company focuses on applications such as co-packing, induction, sorting, and order fulfillment, enabling industries to enhance their production lines and overall efficiency. Taiga Robotics employs advanced technology that allows for remote control of its robots through a virtual reality interface. Additionally, the company offers training and tailored setups to suit the unique operational requirements of its clients, making robotics more accessible and effective in various industrial settings.

LifeBooster

Non Equity Assistance in 2019
LifeBooster is a pioneer in the field of enterprise health and safety, specializing in risk analytics and wearable Internet of Things technology. The company has developed Senz, a connected worker platform that predicts and models risks and exposures across an entire workforce, aimed at preventing workplace injuries, illnesses, and fatalities. By digitizing and automating risk assessment processes, Senz provides health and safety professionals with the tools they need for accurate evaluations and effective injury prevention. LifeBooster's approach has achieved significant success, reportedly reducing risks in the industrial sector by up to 80%. Collaborating with local and global leaders in the fields of health and safety, risk management, and workers' compensation, LifeBooster has established itself as a leading provider of innovative connected worker solutions, dedicated to ensuring worker safety and well-being.

Altius Space Machines

Non Equity Assistance in 2019
Altius Space Machines, Inc. is a space robotics and technology company based in Louisville, Colorado, which was incorporated in 2010. The company specializes in developing innovative solutions for satellite servicing, focusing on the creation of low-cost space tugs capable of towing, repairing, upgrading, and refueling satellites. Altius offers a range of services including the design, prototyping, and testing of customized interfaces and robotic systems for satellites. Their technical expertise encompasses mechanisms, cryogenic systems, and satellite servicing interfaces, enabling clients to manage satellite life extension, end-of-life disposal, and on-orbit refueling. Additionally, Altius is involved in space debris capture and disposal, as well as sample retrieval from asteroids and comets for scientific missions. Through its advancements, Altius aims to make satellite operations more affordable and efficient, benefiting various operators, including those managing cubesat constellations.

Forcen

Seed Round in 2019
Forcen Inc. is a Canadian company specializing in the development and manufacture of force-sensing film technology for various applications, including surgical robotics, industrial robotics, and the aerospace and defense sectors. Founded in 2015 and headquartered in Toronto, Forcen's innovative force-sensing film can be integrated into medical devices, enabling real-time force feedback for surgeons and enhancing precision during procedures. This technology accurately measures the forces applied at the tool's tip and wirelessly transmits this information, thereby improving operational safety and reducing complications. As a tier 1 supplier, Forcen also provides comprehensive sensing networks for robotics original equipment manufacturers (OEMs), facilitating advanced force and torque sensor systems.

Waste Robotics

Grant in 2019
Waste Robotics specializes in developing intelligent recycling robots aimed at enhancing the efficiency of waste management processes. The company leverages advanced technologies, including computer vision, deep learning algorithms, and artificial intelligence, to create robotic systems capable of recognizing and extracting various types of waste materials. By replacing traditional human pickers in North American recycling centers, Waste Robotics addresses the challenges posed by rising labor costs and the scarcity of skilled workers. Its adaptable robotic solutions cater to a wide range of waste sectors, including organic matter, construction and demolition debris, and recyclable materials. Through these innovations, Waste Robotics seeks to transform the waste recycling industry, making facilities smaller, safer, and more efficient.

Averro Robotics and Technology

Non Equity Assistance in 2019
Averro Robotics and Technology is the creator of Rudy, the world's first guy wire robot. Rudy allows tower and flare stack owners to conduct non-destructive testing of their guy wires without needing rope access teams. The information Rudy gathers assists with preventative maintenance planning or extending the life of the wire.

FZ Engineering

Non Equity Assistance in 2019
FZ Engineering is a 3D printing company that focuses on developing advanced processing systems for various industries. The company specializes in integrating 3D-printed metal and polymer components into existing supply chains, enhancing both surface quality and dimensional accuracy. By providing tailored post-processing solutions, FZ Engineering enables clients to meet specific operational requirements, thereby facilitating the adoption of 3D printing technology across diverse applications.

Skyline Robotics

Seed Round in 2018
Skyline Robotics Ltd is a technology company focused on automating real estate maintenance through its innovative window cleaning robot, Ozmo. Founded in 2017 and headquartered in Tel Aviv, Israel, with an additional office in New York, the company combines artificial intelligence, machine learning, and advanced robotics to create a system that efficiently cleans the windows of high-rise buildings. Ozmo employs sensors and computer vision to navigate complex architectural features, allowing it to operate without the need for additional infrastructure. This automation significantly reduces the risk of employee accidents and helps clients lower their operational costs. Skyline Robotics aims to revolutionize maintenance work at heights, enhancing safety and efficiency in the real estate sector.

MesoMat

Non Equity Assistance in 2018
MesoMat is a company that specializes in developing advanced plastic-based fibers designed to function as lightweight strain sensors. These innovative sensors are capable of monitoring fatigue, fracture, and failure in critical material systems. By integrating sensing fibers with custom electronics and software, MesoMat offers a comprehensive condition-based monitoring platform that utilizes real-time data to help prevent material failure. The sensing fibers can be easily embedded into various materials, making them suitable for high-strain environments that are typically difficult for traditional strain sensors to access. This technology positions MesoMat as a key player in enhancing material reliability and safety in numerous applications.

UFraction8

Grant in 2018
UFraction8 is a developer of innovative bioprocessing technology that specializes in scalable solutions for biomass filtration, separation, and dewatering. The company’s technology is applicable to a diverse range of microorganisms, including microalgae, yeast, and bacteria, allowing for the effective sorting of biomass from culture media without the use of harmful flocculants or traditional methods such as centrifugation and membrane filtration. By utilizing advanced microfluidic devices, uFraction8 enhances throughput for industrial-scale applications, including liquid particle processing and selective concentration of pathogens. This technology offers a cost-effective alternative to conventional liquid processing methods, enabling industries to improve efficiency and reduce expenses in their operations.

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.

LabsCubed

Pre Seed Round in 2018
LabsCubed Inc. is a Canadian company based in Kitchener that specializes in the manufacturing of automated testing systems for materials, particularly in the fields of plastics and polymers. Founded in 2016, the company provides innovative solutions that allow materials manufacturers to conduct rapid and intelligent stress tests on plastic and rubber samples. Its advanced machines employ intelligent software to streamline the testing process, enabling the efficient handling of multiple samples while gathering comprehensive data and analysis. By automating both physical testing and data collection, LabsCubed aims to help companies reduce costs and accelerate product development.

Variense

Non Equity Assistance in 2017
Variense is a startup based in Montreal that offers Industrial IoT sensing solutions.

LabsCubed

Non Equity Assistance in 2017
LabsCubed Inc. is a Canadian company based in Kitchener that specializes in the manufacturing of automated testing systems for materials, particularly in the fields of plastics and polymers. Founded in 2016, the company provides innovative solutions that allow materials manufacturers to conduct rapid and intelligent stress tests on plastic and rubber samples. Its advanced machines employ intelligent software to streamline the testing process, enabling the efficient handling of multiple samples while gathering comprehensive data and analysis. By automating both physical testing and data collection, LabsCubed aims to help companies reduce costs and accelerate product development.

Advanced Intelligent Systems

Non Equity Assistance in 2017
Advanced Intelligent Systems is a robotics research and development company that specializes in creating practical autonomous robots designed to automate labor-intensive and potentially hazardous tasks. The company has developed a proprietary library of hardware and software modules, enabling efficient product development while reducing costs and time. Its flagship product, the BigTop robot, is engineered to handle plant pots in nurseries and greenhouses, optimizing space and workflow. Advanced Intelligent Systems is actively engaged in understanding industry automation needs through market research and collaborates with universities, governmental organizations, and industry partners to innovate and enhance robotic solutions. The company protects its intellectual property through patents and trade secrets, ensuring the uniqueness of its technological assets and maintaining a robust pipeline of products in various stages of development.

Black.ai

Non Equity Assistance in 2017
Black.ai is an Australian company based in Fitzroy, established in 2017. It specializes in developing an autonomous retail platform that utilizes artificial intelligence and multi-dimensional sensors to map stores in real-time. The platform monitors human behavior, automates the observation of people's movements, and detects notable events such as theft or stock interactions. This enables large format retailers to make real-time decisions, enhance staff response, prevent theft, and manage inventory more effectively.

Industrial Plankton

Non Equity Assistance in 2017
Industrial Plankton Inc. is a Canadian company established in 2010 and based in Victoria, British Columbia, specializing in the manufacturing of algal bioreactors for algae culture. The company prioritizes quality by producing all equipment in-house. Its flagship product, a 1000L algae bioreactor, was launched in 2012, followed by a 100L research reactor in 2014 and a full LED 1250L reactor in 2016. The company's bioreactors are fully automated, self-sterilizing, and self-cleaning, integrated with an application that streamlines the algae production process, reducing the time and skill needed by users. Additionally, an automated rotifer reactor is scheduled for launch, further expanding its product line.

SensorUp

Non Equity Assistance in 2017
SensorUp Inc. is a Calgary-based company that specializes in developing and operating an Internet of Things (IoT) platform. Founded in 2011, SensorUp provides innovative solutions for integrating sensor data, analytics, and mapping feedback through its SensorUp IoT Software Platform. This platform enables seamless connectivity between Internet-connected devices, allowing them to interact with each other and with third-party applications via the SensorUp Cloud. The company focuses on empowering industries with actionable insights by aggregating IoT data from diverse systems, particularly for asset-heavy sectors. One of its notable offerings is the Smart Cities Starter Kit, designed specifically for air quality monitoring. SensorUp aims to enhance operational visibility and support advanced methane detection and repair initiatives, aligning with stringent emissions reporting standards while promoting intelligent automation for improved safety and productivity in the workplace.

Intuitive AI

Non Equity Assistance in 2017
Intuitive AI is a more robust construct. One waste item at a time, their contributions are literally saving the earth. The primary purpose of the technology is to help automate a very tedious and incorrect procedure that assists buildings in reducing the volume of waste released into landfills and the sea.

Orbitless Drive

Non Equity Assistance in 2017
Orbitless Drive has developed a novel drivetrain technology known as the ORBITLESS Drive, which represents a significant advancement in gearbox design. This patent-pending technology can be applied across various sectors, including motion control, robotics, electric vehicles, and wind power, serving as an alternative to traditional planetary drives, harmonic gearsets, and spur gearsets. The ORBITLESS Drive is available in multiple configurations, including single stage and multi-stage options with varying gear ratios, allowing for customization to meet specific application needs. In addition to its innovative technology, Orbitless Drive offers technical consultancy services that assist clients with transmission design, analysis, and engineering support, catering to companies seeking to enhance their competitive edge in the power transmission market. The company's focus on low noise and reduced vibration positions it as a valuable partner for gear design professionals.

Canvass AI

Seed Round in 2017
Canvass AI is an artificial intelligence platform focused on enhancing industrial operations. The company provides scalable AI solutions that empower industrial engineers to adopt AI and create value without needing extensive data science expertise. Its software offers actionable insights and real-time guidance to production teams, complementing existing industrial technologies. By doing so, Canvass AI helps companies in sectors such as oil, gas, chemicals, and manufacturing improve operational performance, optimize processes, enhance quality, and reduce energy consumption. The platform aims to enable organizations to outperform competitors and establish new sustainability benchmarks in their operations.

Ecoation Innovative Solutions

Seed Round in 2017
Ecoation Innovation Solutions specializes in providing greenhouse growers with advanced tools for the early detection of pests, diseases, and nutrient deficiencies that can impact crop value. By harnessing proprietary artificial intelligence and plant signal data, Ecoation's system delivers daily updates on crop health directly to growers through desktop and smartphone applications. This technology empowers growers to take prompt actions that enhance crop value, lower operating costs, and minimize pesticide usage. Based in Canada, Ecoation's innovative platform integrates elements of biology, automation, sensing, and robotics, aiming to transform agricultural practices and improve overall crop productivity. The company is currently conducting paid field trials in British Columbia greenhouses to demonstrate the effectiveness of its solutions.

A&K Robotics

Non Equity Assistance in 2016
A&K Robotics Inc. is a Canadian company based in Vancouver, founded in 2015, that specializes in designing and building advanced robotic systems. The company focuses on developing intelligent navigation systems that enable robots to work collaboratively with humans. A&K Robotics also creates electric micro-mobility platforms and self-driving robotic pods, which aim to enhance mobility in large facilities such as airports, malls, and museums, as well as in crowded urban environments. By pushing the boundaries of robotics technology, A&K Robotics seeks to improve quality of life and promote environmental sustainability through innovative real-life applications.

Vention

Non Equity Assistance in 2016
Vention Inc. is a digital manufacturing platform that simplifies the design and ordering of custom machines for industrial automation. Founded in 2016 and headquartered in Montreal, Canada, the company offers a cloud-based solution that includes a 3D Machine Builder, which features an extensive library of modular components for applications such as automated equipment, robot cells, tooling, and conveyors. Vention's platform allows engineers and manufacturing professionals to design, program, simulate, and order custom factory equipment efficiently, significantly reducing the time typically required for these processes. Additionally, the integration of artificial intelligence helps streamline the design experience, making industrial automation more accessible to both experienced professionals and newcomers in the field.

Eigen Innovations

Seed Round in 2015
Eigen Innovations Inc. is a company that specializes in developing quality inspection and process control solutions for industrial manufacturers. Founded in 2012 and based in Fredericton, Canada, Eigen Innovations provides the Intellexon vision analytics platform, which utilizes artificial intelligence and industrial Internet of Things technology to optimize machine settings based on operator needs. The company's solutions capture and analyze video and sensor data from manufacturing processes, facilitating automated inline inspections and generating standardized digital inspection records. These records enable factory teams to analyze data and identify the causes of defects, contributing to reduced reoccurrence. Eigen's software is applicable across various industries, including automotive, food processing, construction materials, and mining/smelting, helping manufacturers enhance operational efficiency and improve product quality.

Validere

Seed Round in 2015
Validere Technologies Inc. is a Toronto-based company that specializes in providing critical information about liquids through innovative measurement, reporting, and verification solutions. Founded in 2015, Validere develops portable devices, including the Validere Identifier, which assesses the hazardous nature of liquids by referencing a comprehensive library. Additionally, the company offers EDGE Connect, a platform that facilitates secure connections between buyers and sellers, enabling the discovery of arbitrage opportunities. Validere's main focus is on liquid fingerprinting, industrial process monitoring, and optimizing logistics within the energy sector. By delivering accessible and verifiable testing data, Validere aids organizations in making informed business decisions and enhances the accuracy of crude oil testing, ensuring accountability and quality across operations. The company's expertise in emissions management and tracking further positions it as a valuable partner for energy companies seeking to improve their financial and environmental performance.

Kiwi.ai

Non Equity Assistance in 2013
Kiwi is the world leader in motion recognition technology. With Kiwi's dead simple motion recognition platform, you can get your products tracking motions in literally a matter of minutes. Capture, analyze and improve anything: any motion, on any device, with any sensor. Based in Toronto, Canada, Kiwi's team works diligently to solve the ambiguous motions that surround us. By categorizing and analyzing motions, you can do anything from a simple repetition count in the gym, to analyzing safety metrics in a factory. The options are endless, reach out to us to find out how your products could benefit from motion recognition.
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