Freycinet Ventures

Freycinet Ventures is a Toronto-based venture capital investment firm established in 2013. The firm focuses on supporting high-impact Canadian ventures, particularly those located in the Toronto-Waterloo corridor. It specializes in investing in companies within the technology, food, water, and health-tech sectors. Freycinet Ventures enhances its financial investments with experienced mentorship and access to valuable networks, enabling portfolio companies to accelerate their growth. The Chief Investment Officer and President, James Appleyard, collaborates closely with the firms in which Freycinet invests, providing guidance and support to help them achieve their potential.

James Appleyard

Founder, Chief Investment Officer and President

Past deals in Toronto

Mosaic Manufacturing

Funding Round in 2024
Mosaic Manufacturing Ltd. is a Toronto-based company founded in 2014 that specializes in 3D printing technology. The company develops hardware and software solutions that enable the blending of multiple filaments into a single strand for use in 3D printers. This innovative approach allows users to print with various materials using a single extruder, enhancing the capabilities of 3D printing without the need for extensive modifications. Mosaic's patented multi-material technology supports flexible output, mass customization, and the creation of complex geometries, positioning it as a key player in modernizing polymer supply chains. By providing automated and adaptable additive manufacturing platforms, Mosaic aims to make manufacturing more sustainable and resilient, empowering industries to produce high-quality products on-demand while reducing reliance on traditional manufacturing methods.

PUSH

Seed Round in 2020
PUSH Design Solutions Inc. is a Toronto-based technology company founded in 2013 that specializes in workout performance monitoring and analysis. The company develops the PUSH Band 2.0, a wristband designed to track workouts involving both the body and equipment, along with an online portal for organizing training programs and storing performance data. PUSH aims to enhance human performance through its innovative technology, which serves both enterprise clients and consumers. Under the PUSH Pro brand, the company offers solutions for professional sports, wellness, and military applications, enabling coaches and trainers to remotely schedule and deliver training programs while analyzing user data. The PUSH Athlete brand targets consumers by providing a connected fitness experience that integrates professional coaching, data analytics, community engagement, and traditional fitness equipment, thereby transforming standard equipment into smart devices.

Flipd

Pre Seed Round in 2019
Flipd Inc. is a Canadian company founded in 2016 that develops a digital wellness application aimed at fostering healthy screen habits among users. The application provides various services tailored for students, educators, and productivity enthusiasts. For students, it enables class management by allowing users to join multiple classes, set reminders, track progress, and earn rewards. Educators benefit from a personalized dashboard that offers insights into student performance and classroom metrics. The productivity features include tools for creating schedules, locking phones to minimize distractions, and hiding distracting applications. With over one million users and more than a billion minutes of productive time logged, Flipd is dedicated to helping individuals engage in wellness activities, focus, and achieve a more balanced use of technology. The company has garnered attention from numerous prestigious publications, positioning itself as a significant player in the wellness market.

Hubba

Series B in 2018
Hubba, established in Toronto, Canada in 2011, operates a software platform designed to connect brands with retailers. Its core service enables brand marketers to digitally showcase their product portfolio, create comprehensive product stories by aggregating information and media, and share this content securely with retail partners. The platform facilitates synchronization of product data across multiple channels, provides visibility into how products are presented by retailers, and offers customizable access controls for partners. Hubba currently supports over 75,000 small to medium-sized businesses.

Mosaic Manufacturing

Venture Round in 2018
Mosaic Manufacturing Ltd. is a Toronto-based company founded in 2014 that specializes in 3D printing technology. The company develops hardware and software solutions that enable the blending of multiple filaments into a single strand for use in 3D printers. This innovative approach allows users to print with various materials using a single extruder, enhancing the capabilities of 3D printing without the need for extensive modifications. Mosaic's patented multi-material technology supports flexible output, mass customization, and the creation of complex geometries, positioning it as a key player in modernizing polymer supply chains. By providing automated and adaptable additive manufacturing platforms, Mosaic aims to make manufacturing more sustainable and resilient, empowering industries to produce high-quality products on-demand while reducing reliance on traditional manufacturing methods.

Borrowell

Debt Financing in 2016
Borrowell Inc. is a financial technology company based in Toronto, Canada, founded in 2014. It specializes in offering a range of financial products and services, including personal loans, credit cards, and free credit scores. Borrowell operates an online marketplace-lending platform that provides Canadians with access to borrowing options and unsecured consumer loans. The company is dedicated to enhancing financial prosperity for its users by offering tools for credit education, personalized credit coaching, and AI-driven recommendations for financial products. By delivering resources such as credit monitoring and tailored options from marketplace partners, Borrowell aims to help customers secure low-interest loans and improve their overall financial well-being.

Proteocyte AI

Seed Round in 2014
Proteocyte AI is a molecular diagnostics company based in Toronto, Canada, specializing in the development of advanced solutions for predicting cancer risk. The company's flagship product, Straticyte, is a laboratory service that accurately assesses the risk of oral lesions transforming into cancer by analyzing proprietary protein biomarkers in biopsy samples. By employing a combination of advanced imaging, digital pathology, and proprietary algorithms, Straticyte enables clinicians to identify high-risk lesions while allowing for effective monitoring of moderate and low-risk cases, ultimately helping to avoid unnecessary surgeries. Founded in 2011 and initially known as Proteocyte Diagnostics Inc., the company rebranded to Proteocyte AI in March 2018, reflecting its commitment to innovative diagnostic solutions in the field of oncology.

PumpUp

Seed Round in 2014
PumpUp is a fitness application that fosters a supportive community for individuals striving to achieve their health goals. Based in Toronto, with an additional office in San Francisco, the platform allows users to track their fitness progress and share their journeys in a safe environment. Through its features, PumpUp provides coaching, fitness tips, and reminders, empowering users to adopt and maintain a healthy lifestyle. By connecting like-minded individuals, PumpUp creates an encouraging atmosphere where users can motivate each other and celebrate their achievements, making the pursuit of health and wellness more accessible and enjoyable.
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