Innovacorp is an early-stage venture capital firm that helps knowledge-based startups commercialize their technologies in the global marketplace. It invests in early stage Nova Scotia entrepreneurs, combining venture capital with business mentoring and incubation facilities. Innovacorp was established in 1995 and based in Halifax, Canada.
400 - 1871 Hollis Street Halifax, Nova Scotia B3J 0C3
Robert Burns
Venture Capital Investment Manager
Lidija Marusic
Investment Manager, Life Sciences
Andrew Ray
Managing Director
Jon Saari
Founding Member and Investment Manager
Malcolm Fraser
President and CEO
Past deals in Canada
Oneka Technologies
Seed Round in 2021
Oneka Technologies Inc. is a Canadian company specializing in the manufacture of wave-powered desalination systems that convert ocean water into potable water. Founded in 2015 and headquartered in Sherbrooke, Canada, with a testing site in Port St. Lucie, Florida, Oneka addresses the challenges of traditional desalination, which is often costly, inefficient, and environmentally harmful. By harnessing wave energy, Oneka's technology offers a sustainable and affordable solution to water scarcity, producing fresh water with zero greenhouse gas emissions and minimal land use. This innovative approach significantly reduces water costs—by up to 75%—for coastal communities and private islands, while delivering a low-maintenance and eco-friendly alternative in the growing desalination market.
Oneka Technologies
Grant in 2021
Oneka Technologies Inc. is a Canadian company specializing in the manufacture of wave-powered desalination systems that convert ocean water into potable water. Founded in 2015 and headquartered in Sherbrooke, Canada, with a testing site in Port St. Lucie, Florida, Oneka addresses the challenges of traditional desalination, which is often costly, inefficient, and environmentally harmful. By harnessing wave energy, Oneka's technology offers a sustainable and affordable solution to water scarcity, producing fresh water with zero greenhouse gas emissions and minimal land use. This innovative approach significantly reduces water costs—by up to 75%—for coastal communities and private islands, while delivering a low-maintenance and eco-friendly alternative in the growing desalination market.
3D BioFibR
Seed Round in 2020
3D BioFibR Inc. is a biomaterial manufacturing company based in Halifax, Canada, founded in July 2020. The company specializes in producing high-value biofibers such as spider silk, collagen, and chitosan, which have diverse applications in biomedical engineering, green textiles, defense, and aerospace. Utilizing innovative dry-spinning and wet-spinning processes, 3D BioFibR creates fibers that replicate the biomechanical and biochemical properties of natural materials. Notably, its collagen fibers, branded as CollaFibR™, are reported to be stronger than natural tendons, while its spider silk is claimed to be tougher than steel and significantly more flexible. The company aims to address critical engineering challenges by providing commercially viable products for 3D bioprinting, cell culture, and tissue engineering. Through its pioneering research and proprietary production methods, 3D BioFibR seeks to become a leader in the sustainable manufacturing of advanced biofibers.
FoodByte
Venture Round in 2020
FoodByte Inc. is a software company based in Wolfville, Canada, established in 2017. It specializes in developing tools that assist food processors in generating and managing food safety plans. Its key products include Traceability+, which facilitates product recalls, lot code tracking, and inventory management, and Standards+, which helps food processors and consultants create and oversee work plans. The platform aims to automate food safety processes for small teams, eliminating the reliance on paper-based documentation and enabling users to upload standard operating procedures, including HACCP plans. By linking these procedures to relevant monitoring forms, FoodByte allows food manufacturers to prioritize production and growth while ensuring compliance with safety and regulatory standards.
ReelData AI
Pre Seed Round in 2019
ReelData provides a suite of artificial intelligence and automation products that allow land-based fish farms to increase production volumes while decreasing risk and wasted resources. It also provides reliable, accurate monitoring, analysis, and optimized automation working with each farm 1-on-1 to increase operational efficiency, save costs, grow fish faster, and reduce risks.
My Intelligent Machines
Seed Round in 2019
My Intelligent Machines (MIMs) is a Montreal-based company specializing in artificial intelligence and systems biology. It offers biopharmaceutical companies interactive augmented intelligence systems that facilitate accurate biological simulations during the early stages of drug development. These systems assist life scientists in creating precisely targeted and personalized therapies. MIMs also develops software designed for efficient and personalized medicine and agricultural systems, packaged as a software-as-a-service solution. Its offerings support patient stratification and the selection of therapeutic targets and biomarkers, which are essential for advancing personalized therapies. The company emphasizes open and explainable AI and data integration, enabling life-science organizations to leverage their big data and artificial intelligence capabilities to enhance food and drug production.
Salient Energy
Seed Round in 2019
Salient Energy is commercializing a revolutionary new battery based on research at the University of Waterloo. Their zinc-ion battery is perfectly suited, both technically and economically, for storing electricity in the grid. The company's proprietary cathode materials store energy in zinc in a way that has never been commercialized before – Salient Energy has made unique cathode materials that can actually incorporate zinc in their crystal lattice instead of just reacting on the surface. This allows the batteries to have a relatively high energy density. It also allows the user to use of traditional battery designs that are compatible with standard manufacturing equipment. This means that the cheaper, safer, and the longer-lasting battery can be made in existing battery factories around the world.
Proteoform Scientific
Seed Round in 2019
Proteoform empowers researchers with new technology to simplify protein sample preparation in both top-down and bottom-up proteomics. The Company’s first commercialized product, the ProTrap XG, is a disposable two-stage cartridge that delivers fast, reproducible, and robust results with unmatched protein purity of 99.8%, recovery greater than 95%, and workflow simplicity. It was founded in 2018 and is headquartered in Halifax, Nova Scotia.
Coloursmith Labs
Seed Round in 2019
Coloursmith Labs Inc. is an optical filtering technology company based in Halifax, Canada, founded in 2018. The company specializes in developing advanced optical filters for contact lenses that enhance color saturation and assist individuals with color vision deficiencies. By integrating materials science with vision science, Coloursmith Labs aims to create innovative, tint-free products that provide protection against harmful light while improving visual experiences. The company serves the healthcare sector, focusing on enhancing the capabilities of human vision to improve the quality of life for its users.
Thorasys
Venture Round in 2019
Thorasys Thoracic Medical Systems Inc. is a Montreal-based company specializing in respiratory medical devices. The company focuses on developing innovative pulmonary diagnostic technologies aimed at diagnosing and monitoring lung diseases, including asthma and chronic obstructive pulmonary disease. Utilizing a forced oscillation technique, Thorasys provides equipment that enables healthcare professionals to measure lung capacity across diverse patient populations. This technology facilitates early detection of lung diseases, enhancing the ability to monitor respiratory health effectively.
Saccade Analytics
Venture Round in 2019
Saccade Analytics Inc., founded in 2016 by Dr. Mimi Galiana, is a Montreal-based company that develops clinical tools for analyzing eye and head movement data to assess brain function. The company's flagship product, InSight, is designed to assist clinicians and therapists in diagnosing and monitoring conditions such as concussions, vestibular disorders, and other neurological issues. Dr. Galiana's extensive 30-year research background at McGill University in eye and head movement analysis laid the foundation for the company's innovative approach. Saccade Analytics aims to enhance the standard of neurological care by translating advanced research into practical, accessible tools for healthcare professionals.
Spring Loaded
Venture Round in 2019
Spring Loaded Technology Inc. designs and manufactures innovative bionic knee braces aimed at enhancing mobility and reducing pain for various users. The company's flagship product, the Levitation knee brace, is the first compact device of its kind that improves leg muscle power output, making it beneficial for athletes and individuals with knee injuries or mobility impairments. The product line includes specialized models such as the UpShot tactical knee brace, designed to prevent injuries during intense activities, and the Levitation Ski knee brace, which helps reduce muscle fatigue and joint pain for skiers. These braces cater to a wide range of activities, including weight lifting, running, cycling, and various skilled trades, supporting those with conditions like osteoarthritis and knee injuries. Established in 2012 in Dartmouth, Canada, Spring Loaded sells its products online, focusing on enhancing performance and restoring mobility for its users.
Spinologics
Venture Round in 2019
Spinologics Inc, founded in 2010 and headquartered in Montréal, Canada, specializes in the development and manufacturing of innovative spinal care products. The company offers a range of devices, including Scolioscreen, which enables the use of smartphones to screen for spinal deformities, and the Scolioscreen APP, designed to measure trunk rotation angles. Additionally, Spinologics produces Cervision, a tool that helps maintain patients' shoulders and arms during procedures, ultimately reducing surgery time and providing x-rays of the cervical spine. The company also operates a Biomechanics Numerical Lab, which focuses on the design of medical devices and provides consulting services in biomechanics. Spinologics aims to address unmet clinical needs by leveraging its expertise in spine-related technologies to enhance surgical techniques and improve patient outcomes.
Densitas
Venture Round in 2019
Densitas Inc. is a Canadian company that specializes in developing advanced breast imaging analytics technologies for healthcare systems and radiology departments. Founded in 2011, Densitas offers a web-based analytics platform known as densitasenterprise, which includes several components: densitasdensity for assessing breast tissue density according to the ACR BI-RADS scale, densitasquality for evaluating image quality, and densitasrisk for providing breast cancer risk assessments. These solutions leverage artificial intelligence to deliver on-demand insights that facilitate risk-based patient management, enabling healthcare administrators to monitor clinical and operational performance metrics. The platform is designed to integrate with existing workflows, utilizing standard DICOM images to support both point-of-care and retrospective analysis of mammograms. Densitas aims to enhance diagnostic accuracy and improve patient outcomes in breast cancer screening.
Optina Diagnostics
Seed Round in 2019
Optina Diagnostics Inc. is a diagnostics company based in Montréal, Canada, founded in 2010. It specializes in the early detection of Alzheimer's disease through innovative hyperspectral imaging technology that examines the retina. By employing non-invasive diagnostic tests, Optina Diagnostics identifies key biomarkers, such as beta-amyloid plaques, which are crucial for assessing patients' health and disease risk. The company's advanced imaging systems also aid in the detection of age-related macular degeneration and ocular diabetic retinopathy, providing physicians with critical information that enables timely and appropriate patient care. Through its focus on retinal features and artificial intelligence, Optina Diagnostics aims to transform the assessment of brain health and address under-diagnosed diseases.
Invisible Agents
Grant in 2019
Invisible Agents, incorporated in 2018 and based in Halifax, Canada, provides tailored solutions for non-profits and churches to enhance their fundraising efforts. The company leverages machine learning and data analytics to bridge the gap between data collection and effective fundraising strategies. By simplifying the application of advanced technology, Invisible Agents enables organizations to utilize data-driven insights, improving their ability to raise funds. This innovative approach addresses the evolving challenges faced by non-profits, shifting the focus from budget constraints to the effective use of technology and expertise in fundraising initiatives.
ReelData AI
Grant in 2019
ReelData provides a suite of artificial intelligence and automation products that allow land-based fish farms to increase production volumes while decreasing risk and wasted resources. It also provides reliable, accurate monitoring, analysis, and optimized automation working with each farm 1-on-1 to increase operational efficiency, save costs, grow fish faster, and reduce risks.
Symbi Medical
Grant in 2019
Symbi Medical is a digital health company that focuses on enhancing patient management through its procedural care navigation platform. Serving clients across Canada and the United States, the platform is designed to assist patients both before and after medical procedures. It is fully compliant with PHIPA and HIPAA regulations, ensuring the protection of patient data, and integrates seamlessly with electronic medical record (EMR) systems. This allows Symbi to facilitate thousands of patient interactions and provide personalized care journeys at scale. The company’s team includes medical advisors from reputable institutions such as the University of Michigan, St. Michael's Hospital, and Nova Scotia Health. In March 2021, Symbi Medical was acquired by Blue Charm Adherence.
ReelData AI
Seed Round in 2019
ReelData provides a suite of artificial intelligence and automation products that allow land-based fish farms to increase production volumes while decreasing risk and wasted resources. It also provides reliable, accurate monitoring, analysis, and optimized automation working with each farm 1-on-1 to increase operational efficiency, save costs, grow fish faster, and reduce risks.
CarbonCure
Corporate Round in 2018
CarbonCure Technologies Inc. offers innovative technology that allows concrete producers to sequester waste carbon dioxide (CO2) into their products, effectively transforming it into a solid mineral during the concrete manufacturing process. By sourcing CO2 from industrial emitters, the company enables manufacturers to create greener and stronger concrete without compromising on quality or price. This retrofit technology not only enhances the performance characteristics of traditional concrete but also helps producers tap into the growing green building market. CarbonCure's solutions are designed to provide material, environmental, and production advantages while reducing the overall carbon footprint associated with concrete production. The company, incorporated in 2007 and headquartered in Dartmouth, Canada, also supports its clients with marketing and environmental reporting services to strengthen their competitive position in the industry.
Aqualitas
Venture Round in 2018
Aqualitas Inc. is a Canadian company specializing in the production and sale of medical cannabis products. Established in 2014 and located in Bedford, Nova Scotia, Aqualitas utilizes an innovative aquaponics growing platform that emphasizes the importance of water quality in its cultivation process. This method combines aquaculture and hydroponics to create a sustainable and efficient growing environment. The company is committed to delivering high-quality cannabis by adhering to rigorous testing standards, ensuring that its products are safe, pure, and consistent. Aqualitas is dedicated to advancing the science of cannabis cultivation while maintaining a strong focus on client satisfaction.
Aqualitas
Seed Round in 2018
Aqualitas Inc. is a Canadian company specializing in the production and sale of medical cannabis products. Established in 2014 and located in Bedford, Nova Scotia, Aqualitas utilizes an innovative aquaponics growing platform that emphasizes the importance of water quality in its cultivation process. This method combines aquaculture and hydroponics to create a sustainable and efficient growing environment. The company is committed to delivering high-quality cannabis by adhering to rigorous testing standards, ensuring that its products are safe, pure, and consistent. Aqualitas is dedicated to advancing the science of cannabis cultivation while maintaining a strong focus on client satisfaction.
Trip Ninja
Pre Seed Round in 2018
Trip Ninja Inc. is a travel management platform based in Halifax, Canada, that specializes in optimizing multi-destination trip planning. Founded in 2015, the company offers a user-friendly application that allows travelers to search for and compare various trip routes, focusing on minimizing costs while maximizing convenience. Trip Ninja serves both consumers directly through its website and businesses via an API, making it a versatile tool for travel agencies. By employing a sophisticated algorithm, the platform efficiently calculates and suggests optimal travel plans, empowering users to make informed decisions when booking their trips.
Harbr
Seed Round in 2018
Harbr Inc. is a Canadian company that specializes in developing artificial intelligence (AI) software tailored for the construction management sector. Founded in 2016 and based in Halifax, Nova Scotia, Harbr's software solutions aim to organize and manage project data effectively, ensuring that construction projects stay on schedule. The company offers a range of products, including a construction super schedule that features daily logs for user protection, tools for team connectivity on job sites, and enterprise solutions that link multiple job sites and teams together. Additionally, Harbr provides an embedded credit onboarding platform designed for lenders and credit bureaus, which simplifies the collection and transformation of unstructured business credit and payment data. This comprehensive approach streamlines the qualification process through document evaluation, data extraction, and decision insights, enhancing cost-effectiveness and scalability for businesses.
Appili Therapeutics
Seed Round in 2018
Appili Therapeutics Inc. is a biopharmaceutical company based in Halifax, Canada, focused on developing and commercializing innovative treatments for infectious diseases. Founded in 2015, the company addresses unmet medical needs by advancing a diverse portfolio of anti-infective therapies. This includes Favipiravir, aimed at treating pandemic influenza and COVID-19, as well as ATI-2307, an antifungal candidate in clinical trials for cryptococcal meningitis and invasive candidiasis. Additionally, Appili is developing ATI-1501, a taste-masked oral formulation of metronidazole, and ATI-1503, targeting gram-negative bacteria. The company also works on ATI-1701, a live-attenuated vaccine for Francisella tularensis, illustrating its commitment to improving patient outcomes in the face of serious infections.
Trip Ninja
Pre Seed Round in 2017
Trip Ninja Inc. is a travel management platform based in Halifax, Canada, that specializes in optimizing multi-destination trip planning. Founded in 2015, the company offers a user-friendly application that allows travelers to search for and compare various trip routes, focusing on minimizing costs while maximizing convenience. Trip Ninja serves both consumers directly through its website and businesses via an API, making it a versatile tool for travel agencies. By employing a sophisticated algorithm, the platform efficiently calculates and suggests optimal travel plans, empowering users to make informed decisions when booking their trips.
Appili Therapeutics
Seed Round in 2017
Appili Therapeutics Inc. is a biopharmaceutical company based in Halifax, Canada, focused on developing and commercializing innovative treatments for infectious diseases. Founded in 2015, the company addresses unmet medical needs by advancing a diverse portfolio of anti-infective therapies. This includes Favipiravir, aimed at treating pandemic influenza and COVID-19, as well as ATI-2307, an antifungal candidate in clinical trials for cryptococcal meningitis and invasive candidiasis. Additionally, Appili is developing ATI-1501, a taste-masked oral formulation of metronidazole, and ATI-1503, targeting gram-negative bacteria. The company also works on ATI-1701, a live-attenuated vaccine for Francisella tularensis, illustrating its commitment to improving patient outcomes in the face of serious infections.
Mimir Networks
Venture Round in 2017
Mimir Networks is providing cyber security tools to address the issue of constantly evolving attacks. Mimir provides an experienced trusted security advisor, in the form of intelligence tools, to augment knowledge of IT staff and allow them to proactively protect their networks. We have also developed the world’s first Petabyte+ distributed network forensics platform that can be distributed across a campus or housed in a single data centre. Mimir provides protection for large enterprise, Internet Service Providers (ISP), data centres and small to medium size business. We do this with a combination of Software as a Service (SaaS), Infrastructure as a Service (IaaS) and/or on-premise appliance. A Canadian company, Mimir was founded by network security professionals who spent over 25 years building and protecting some of the world’s largest networks. We are an early stage technology company with sales in both the US and Canada.
Neothermal Energy Storage
Pre Seed Round in 2017
Neothermal Energy Storage Inc., based in Bridgewater, Canada, specializes in manufacturing electric thermal storage heaters aimed at enhancing the efficiency and sustainability of home heating systems. Founded in 2015, the company provides innovative solutions that allow homeowners to transition from oil-based heating to off-peak electricity. Its products, which integrate with existing boilers and furnaces, utilize chemical heat storage cells to improve performance and reduce carbon emissions. By offering these add-on devices through certified electricians and HVAC contractors, Neothermal Energy Storage helps homeowners lower their carbon footprint while maintaining effective indoor heating.
Appili Therapeutics
Seed Round in 2016
Appili Therapeutics Inc. is a biopharmaceutical company based in Halifax, Canada, focused on developing and commercializing innovative treatments for infectious diseases. Founded in 2015, the company addresses unmet medical needs by advancing a diverse portfolio of anti-infective therapies. This includes Favipiravir, aimed at treating pandemic influenza and COVID-19, as well as ATI-2307, an antifungal candidate in clinical trials for cryptococcal meningitis and invasive candidiasis. Additionally, Appili is developing ATI-1501, a taste-masked oral formulation of metronidazole, and ATI-1503, targeting gram-negative bacteria. The company also works on ATI-1701, a live-attenuated vaccine for Francisella tularensis, illustrating its commitment to improving patient outcomes in the face of serious infections.
PhotoDynamic
Seed Round in 2016
PhotoDynamic is developing a device that uses natural extracts from a wild Nova Scotia plant to erase heavy plaque buildup on teeth.
Appili Therapeutics
Seed Round in 2016
Appili Therapeutics Inc. is a biopharmaceutical company based in Halifax, Canada, focused on developing and commercializing innovative treatments for infectious diseases. Founded in 2015, the company addresses unmet medical needs by advancing a diverse portfolio of anti-infective therapies. This includes Favipiravir, aimed at treating pandemic influenza and COVID-19, as well as ATI-2307, an antifungal candidate in clinical trials for cryptococcal meningitis and invasive candidiasis. Additionally, Appili is developing ATI-1501, a taste-masked oral formulation of metronidazole, and ATI-1503, targeting gram-negative bacteria. The company also works on ATI-1701, a live-attenuated vaccine for Francisella tularensis, illustrating its commitment to improving patient outcomes in the face of serious infections.
Swarmio Media
Seed Round in 2016
Swarmio is a technology company specializing in game monetization solutions and a cloud-based computing grid platform aimed at optimizing latency for real-time applications, particularly in the gaming sector. The company employs proprietary artificial intelligence-based technology to reduce lag and enhance the overall gaming experience for both players and developers. Swarmio's platform supports game server hosting, catering to video game developers and esports organizers by providing tools that facilitate smoother multiplayer online games and esports events. Headquartered in Sydney, Nova Scotia, Canada, Swarmio operates globally, focusing on delivering an advanced, lag-less gaming experience.
aioTV
Venture Round in 2016
aioTV is an all-in-one metadata, curation, and personalization software development company. By enabling video operators, content owners and apps to build world-class video software solutions, aioTV makes it easy to turn metadata into relevant, accurate, and personalized video experiences for consumers. aioTV’s Metadata Manager, Composer, and Personalization Engine software tools help operators curate, organize, and control video assets by using aioTV’s cloud-based platform engine and leveraging existing content delivery and customer management infrastructure. One of the early pioneers of metadata management, content packaging, and distribution, aioTV remains at the forefront of innovation of the ever changing television landscape. aioTV has been awarded several key patents related to packaging multiple sources of video content. aioTV is headquartered in Denver, CO, USA, with design and engineering facilities in Halifax, NS, Canada. The collaborative team brings a unique combination of industry experience and technical prowess to the video content space.
Swept
Seed Round in 2016
Swept is a technology company founded in August 2014 by Matt Cooper and Michael Brown, based in Nova Scotia. It specializes in developing software solutions tailored for the janitorial industry. The company's operational cleaning management platform is designed to help commercial cleaning businesses manage their operations more effectively. This platform facilitates communication between cleaning companies, their employees, and customers, while also enabling real-time inspections and supply ordering. By streamlining these processes, Swept aims to enhance profitability and improve customer retention for its clients in the cleaning sector.
LeadSift
Venture Round in 2015
LeadSift Inc. is a company that specializes in intent data mining, utilizing publicly available information to identify relevant actions taken by individuals across various social media platforms, including Twitter, Facebook, and LinkedIn. Founded in 2012 and based in Halifax, Canada, LeadSift's platform employs proprietary artificial intelligence and data mining technologies to convert social media chatter into actionable insights for B2B marketers. By analyzing millions of data points, the company offers sales intelligence that helps businesses craft targeted messaging and improve customer engagement. LeadSift collaborates with rapidly growing B2B software companies, enabling them to drive tangible results and create new business opportunities through effective outreach and follow-up strategies.
Cellufuel
Venture Round in 2014
CelluFuel Inc. specializes in producing synthetic renewable fuels derived from forestry resources. Established in 2008 and headquartered in Halifax, Canada, the company is dedicated to advancing the commercialization of renewable liquid fuels across North America. It focuses on the development and deployment of innovative technology that converts woody biomass into renewable diesel fuel. By operating a synthetic renewable fuel refinery, CelluFuel aims to provide sustainable energy solutions that deliver both economic and environmental benefits.
CarbonCure
Series B in 2013
CarbonCure Technologies Inc. offers innovative technology that allows concrete producers to sequester waste carbon dioxide (CO2) into their products, effectively transforming it into a solid mineral during the concrete manufacturing process. By sourcing CO2 from industrial emitters, the company enables manufacturers to create greener and stronger concrete without compromising on quality or price. This retrofit technology not only enhances the performance characteristics of traditional concrete but also helps producers tap into the growing green building market. CarbonCure's solutions are designed to provide material, environmental, and production advantages while reducing the overall carbon footprint associated with concrete production. The company, incorporated in 2007 and headquartered in Dartmouth, Canada, also supports its clients with marketing and environmental reporting services to strengthen their competitive position in the industry.
DeCell Technologies
Seed Round in 2013
DeCell Technologies Inc. is an emerging biomedical device manufacturer that is developing advanced tissue products for use in wound healing and surgical reconstructions. DeCell Technologies’ main facilities are located in Halifax, Nova Scotia, Canada.
Performance Genomics
Seed Round in 2013
PGI develops DNA sequence-based predictive algorithms, or Genome Apps, to guide livestock breeding and to assess human reproductive health. The company was created in 1999 based on a unique Mouse Model System to identify genes controlling fertility and reproductive longevity in mammals. Previous R&D showed that genes identified with the Model could predict productive lifetime (herd life) of Holstein dairy cows with 30% accuracy. The proof-of-concept, achieved with now-outdated genomics technologies, was leveraged by the Company to form a strategic collaboration with a major player in the livestock genomics market. PGI is currently closing financing of $250K from venture capital and $150K from grant sources to refine the analysis of the Model using the latest DNA Sequence technologies and work with the Industry Partner to validate applications of the Fertility Genes for livestock breeding. The business model is based on: 1) licensing out of livestock breeding and animal health applications to the Industry Partner in return for milestones and royalties; and 2) pursue longer-term partnering, financing and R&D for human applications and consumer genomics markets. The PGI Management includes a genomics serial entrepreneur, a leading genetic scientist from the livestock breeding industry and a retired banker from Truro Nova Scotia. Major research partners / collaborators include Genome Quebec / McGill University Innovation Centre (Montreal QC) and Dalhousie University Faculty of Computer Science researcher Dr. Rob Beiko (Halifax Nova Scotia).
Karma Gaming
Series A in 2013
Based in Halifax, Nova Scotia, Canada, Karma’s team delivers over 30 years of gaming industry expertise, a proven entrepreneurial track record and a deep understanding of online casual and social gaming.
LeadSift
Seed Round in 2012
LeadSift Inc. is a company that specializes in intent data mining, utilizing publicly available information to identify relevant actions taken by individuals across various social media platforms, including Twitter, Facebook, and LinkedIn. Founded in 2012 and based in Halifax, Canada, LeadSift's platform employs proprietary artificial intelligence and data mining technologies to convert social media chatter into actionable insights for B2B marketers. By analyzing millions of data points, the company offers sales intelligence that helps businesses craft targeted messaging and improve customer engagement. LeadSift collaborates with rapidly growing B2B software companies, enabling them to drive tangible results and create new business opportunities through effective outreach and follow-up strategies.
TitanFile
Seed Round in 2012
TitanFile Inc. is a Canadian company that specializes in a cloud-based enterprise file sharing solution designed for professionals to securely exchange files of various types, including documents and presentations. Founded in 2011, TitanFile's platform enhances productivity by automatically organizing communications and documents around clients, groups, or projects, thereby reducing filing overhead. Key features include email integration, group communication, audit logs, mobile access, a client portal, data residency options, enterprise integration, and user management solutions. The company also offers customized on-premise solutions to meet specific client needs. TitanFile serves a diverse range of industries, including accounting, government, healthcare, higher education, human resources, legal, and manufacturing. Its headquarters is located in Waterloo, Canada, with additional offices in Toronto and Kitchener.
Equals6
Seed Round in 2012
Equals6 Inc. operates Equals6, an online academic and career development networking community designed for students to connect with peers and access essential resources for achieving their goals. The platform facilitates collaboration among students by allowing them to share ideas, showcase their academic and career talents, and connect with others based on school, location, or shared interests. Additionally, Equals6 partners with companies and educational institutions to help identify and recruit top student talent. The platform offers tools for employers to post job opportunities, offer scholarships, and provide guidance to students, while students can stay informed about organizational news and opportunities. Equals6 also features networking groups for discussions and collaborative work, enabling users to engage in meaningful exchanges and brainstorm on various topics. Based in Halifax, Canada, Equals6 aims to bridge the gap between academic and professional spheres for students, educators, and organizations.
DeNovaMed
Seed Round in 2012
DeNovaMed Inc. is an early-stage pharmaceutical company based in Halifax, Canada, focused on developing novel antibiotics to combat infections caused by drug-resistant bacteria, commonly referred to as superbugs. Founded in 2006, the company leverages its expertise in drug discovery, microbiology, and bacterial lipid metabolism to create innovative therapeutic approaches. DeNovaMed aims to enhance the effectiveness of existing antibiotics, particularly for treating skin, wound, and systemic infections, thereby providing healthcare providers with improved treatment options against challenging bacterial infections.
CarbonCure
Series A in 2012
CarbonCure Technologies Inc. offers innovative technology that allows concrete producers to sequester waste carbon dioxide (CO2) into their products, effectively transforming it into a solid mineral during the concrete manufacturing process. By sourcing CO2 from industrial emitters, the company enables manufacturers to create greener and stronger concrete without compromising on quality or price. This retrofit technology not only enhances the performance characteristics of traditional concrete but also helps producers tap into the growing green building market. CarbonCure's solutions are designed to provide material, environmental, and production advantages while reducing the overall carbon footprint associated with concrete production. The company, incorporated in 2007 and headquartered in Dartmouth, Canada, also supports its clients with marketing and environmental reporting services to strengthen their competitive position in the industry.
aioTV
Series A in 2011
aioTV is an all-in-one metadata, curation, and personalization software development company. By enabling video operators, content owners and apps to build world-class video software solutions, aioTV makes it easy to turn metadata into relevant, accurate, and personalized video experiences for consumers. aioTV’s Metadata Manager, Composer, and Personalization Engine software tools help operators curate, organize, and control video assets by using aioTV’s cloud-based platform engine and leveraging existing content delivery and customer management infrastructure. One of the early pioneers of metadata management, content packaging, and distribution, aioTV remains at the forefront of innovation of the ever changing television landscape. aioTV has been awarded several key patents related to packaging multiple sources of video content. aioTV is headquartered in Denver, CO, USA, with design and engineering facilities in Halifax, NS, Canada. The collaborative team brings a unique combination of industry experience and technical prowess to the video content space.
TitanFile
Seed Round in 2011
TitanFile Inc. is a Canadian company that specializes in a cloud-based enterprise file sharing solution designed for professionals to securely exchange files of various types, including documents and presentations. Founded in 2011, TitanFile's platform enhances productivity by automatically organizing communications and documents around clients, groups, or projects, thereby reducing filing overhead. Key features include email integration, group communication, audit logs, mobile access, a client portal, data residency options, enterprise integration, and user management solutions. The company also offers customized on-premise solutions to meet specific client needs. TitanFile serves a diverse range of industries, including accounting, government, healthcare, higher education, human resources, legal, and manufacturing. Its headquarters is located in Waterloo, Canada, with additional offices in Toronto and Kitchener.
Kivuto Solutions
Venture Round in 2009
Kivuto Solutions Inc. is a provider of digital distribution and management solutions focused on the academic sector. Established in 1997 and based in Ottawa, Canada, the company offers a range of services including electronic license management and cloud-based solutions for the secure delivery of digital resources such as software and eTexts. Kivuto facilitates the management, distribution, and tracking of licensed software, enabling seamless account management, secure e-commerce, and reporting. The company's services are utilized by over 60,000 academic institutions and organizations worldwide, helping to deliver digital products to millions of users in more than 195 countries. Kivuto's solutions support students, faculty, and staff while also serving software publishers and online retailers, ensuring efficient and secure access to educational resources.
DGI Clinical
Seed Round in 2001
DGI Clinical Inc. offers an interactive disease management tool, generating individualized information about symptoms as they are experienced over time. DGI Clinical Inc. (DGI) is a Nova Scotian company with operations in Halifax, Nova Scotia, Canada. Led by Dr. Kenneth Rockwood, a world leading dementia specialist and geriatrician, the company’s primary goal is to provide innovative health management technologies to the pharmaceutical and health care industries. In 2006, DGI launched www.DementiaGuide.com, a web-enabled tool that responds to a market impacted by staggering costs – both social and economic. With no cure in the horizon, the need for better care and treatment options is paramount to families living with dementia, health care providers and drug developers. Designed for use by caregivers and health professionals, DementiaGuide.com is unique because, while other websites offer static information on dementia, it is interactive and it allows users to identify and manage symptoms of dementia on an individualized basis. In addition to providing a wealth of information on Alzheimer’s disease and dementia, a key feature of DementiaGuide.com is its symptom tracking tool SymptomGuideTM, where users can create symptom profiles and track symptom changes as they are experienced by a person over time. Easy-to-read reports are generated that can be shared within families, and with physicians and health care teams. In this way, SymptomGuideTM provides critical information for diagnostic, treatment and disease management decisions. In addition, SymptomGuideTM’s functionality provides for aggregation of data for analysis and customized reporting to pharmaceutical companies. DGI offers time and cost saving solutions to the pharmaceutical industry's need to understand how their drugs work both in clinical trials and in post marketing.
Kivuto Solutions
Venture Round in 2001
Kivuto Solutions Inc. is a provider of digital distribution and management solutions focused on the academic sector. Established in 1997 and based in Ottawa, Canada, the company offers a range of services including electronic license management and cloud-based solutions for the secure delivery of digital resources such as software and eTexts. Kivuto facilitates the management, distribution, and tracking of licensed software, enabling seamless account management, secure e-commerce, and reporting. The company's services are utilized by over 60,000 academic institutions and organizations worldwide, helping to deliver digital products to millions of users in more than 195 countries. Kivuto's solutions support students, faculty, and staff while also serving software publishers and online retailers, ensuring efficient and secure access to educational resources.
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