Innovacorp

Innovacorp is an early-stage venture capital firm based in Halifax, Canada, dedicated to supporting knowledge-based startups in Nova Scotia. Established in 1995, Innovacorp focuses on helping entrepreneurs commercialize their technologies for the global market. The firm combines venture capital investment with business mentoring and offers incubation facilities to foster the growth of early-stage companies. Through its comprehensive approach, Innovacorp aims to enhance the entrepreneurial ecosystem in the region.

Robert Burns

Venture Capital Investment Manager

Andrew Ray

Managing Director

Past deals in Canada

Oneka Technologies

Seed Round in 2021
Founded in 2015, Oneka Technologies develops wave-powered desalination systems that convert ocean water into drinkable water. Its modular units aim to provide sustainable and affordable drinking water solutions for water-scarce regions worldwide, reducing costs by up to 75% compared to traditional methods.

Symbi Medical

Grant in 2021
Symbi Medical is a digital health company that provides a procedural care navigation platform designed to help patients manage their health before and after medical procedures. The platform is HIPAA and PHIPA compliant, facilitating thousands of patient interactions through seamless integration with electronic medical record (EMR) vendors. By delivering personalized care journeys at scale, Symbi aids healthcare organizations in enhancing clinical decision-making, managing risk, and improving health outcomes for their patient populations. The company boasts a team of medical advisors affiliated with prominent institutions such as the University of Michigan, St. Michael's Hospital, and Nova Scotia Health. Symbi Medical was acquired by Blue Charm Adherence in March 2021, further expanding its capabilities in the healthcare sector.

Oneka Technologies

Grant in 2021
Founded in 2015, Oneka Technologies develops wave-powered desalination systems that convert ocean water into drinkable water. Its modular units aim to provide sustainable and affordable drinking water solutions for water-scarce regions worldwide, reducing costs by up to 75% compared to traditional methods.

3D BioFibR

Seed Round in 2020
Founded in 2020, 3D BioFibR Inc. specializes in manufacturing biomaterials, focusing on producing high-value biofibers such as spider silk, collagen, and chitosan. The company serves global markets including biomedical engineering, green textiles, defense, and aerospace engineering. Its products include 3D tissue cultures and collagen tendons for biomedical research.

Symbi Medical

Grant in 2020
Symbi Medical is a digital health company that provides a procedural care navigation platform designed to help patients manage their health before and after medical procedures. The platform is HIPAA and PHIPA compliant, facilitating thousands of patient interactions through seamless integration with electronic medical record (EMR) vendors. By delivering personalized care journeys at scale, Symbi aids healthcare organizations in enhancing clinical decision-making, managing risk, and improving health outcomes for their patient populations. The company boasts a team of medical advisors affiliated with prominent institutions such as the University of Michigan, St. Michael's Hospital, and Nova Scotia Health. Symbi Medical was acquired by Blue Charm Adherence in March 2021, further expanding its capabilities in the healthcare sector.

FoodByte

Venture Round in 2020
FoodByte Inc. is a Canadian company founded in 2017, specializing in software solutions for food processors to streamline food safety management. Based in Wolfville, FoodByte offers products such as Traceability+, which facilitates product recalls, lot code tracking, and inventory management, and Standards+, which aids in the creation and monitoring of work plans for food safety. The company's compliance platform replaces traditional paper-based documentation, enabling users to upload standard operating procedures, including hazard analysis critical control point plans, and link them to relevant monitoring forms. This automation allows food manufacturers to prioritize production and growth while ensuring adherence to safety standards and regulatory requirements.

TotaliQ

Seed Round in 2020
TotaliQ Technology Inc., established in 2016 and headquartered in St. John's, Canada, specializes in developing knowledge sharing software. This platform enables employees to capture, share, and leverage their collective business and technical expertise, fostering cross-training and real-time expertise inventory. It also offers a safety-focused software that curates actionable occupational health and safety expertise, aiding organizations in maintaining employee well-being, particularly during crises like the COVID-19 pandemic.

SiMBi

Venture Round in 2020
SiMBi is a Vancouver-based company that operates an audio-visual book library designed for students and educators. The platform aims to foster a love for reading among students by offering a unique motivational approach that encourages them to engage with literature while contributing positively to their global community. SiMBi's innovative model not only enriches the educational experience but also promotes social responsibility among young readers.

ReelData AI

Pre Seed Round in 2019
ReelData AI specializes in developing artificial intelligence software tailored for the aquaculture industry. Based in Halifax, Canada, the company offers advanced monitoring solutions for fish farms, utilizing feed cameras to measure key metrics such as biomass, sea lice presence, and overall fish health in real-time. This technology enables fish farms to optimize their operations by providing crucial insights into weight distributions, feeding patterns, and growth analysis. By improving the efficiency of feed usage and enhancing fish health, ReelData AI aims to support aquaculture businesses in maximizing their productivity and sustainability. The company was established in 2019.

My Intelligent Machines

Seed Round in 2019
Montreal-based My Intelligent Machines designs biology software that combines artificial intelligence and systems biology to support early-stage drug development and personalized therapies. The company offers a software-as-a-service platform enabling augmented intelligence-driven simulations, patient stratification, and the identification of therapeutic targets and biomarkers. By leveraging big data and AI, it helps life-science teams design precise therapies and streamline research, while also applying its platform to agriculture to optimize production systems. The goal is to accelerate efficient, targeted therapies and improve outcomes across biopharma and related fields.

Salient Energy

Seed Round in 2019
Salient Energy is focused on commercializing an innovative zinc-ion battery developed from research at the University of Waterloo. This battery technology is designed for efficient electricity storage in the power grid, boasting a proprietary cathode that incorporates zinc within its crystal lattice, rather than merely reacting on the surface. This unique approach results in a battery with a relatively high energy density, making it a competitive alternative to traditional lithium-ion batteries. Salient Energy's batteries are not only safer and longer-lasting but also compatible with existing manufacturing processes, allowing for production in current battery factories worldwide. The company's goal is to provide the electric industry with sustainable and reliable energy storage solutions.

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, designed to enhance color saturation and assist individuals with color vision deficiencies. By focusing on innovative materials and the principles of light and optics, Coloursmith Labs aims to create products that offer protection from harmful light while addressing chromatic applications. Their mission centers on integrating science and creativity to expand the potential of human vision, thereby improving the quality of life for their users.

MY01

Seed Round in 2019
Founded in 2015, MY01 specializes in developing digital medical devices for accurate real-time muscle pressure measurement. Its flagship product is designed to enhance the diagnosis of Acute Compartment Syndrome (ACS) by providing timely and precise measurements.

Densitas

Venture Round in 2019
Densitas is a global leader in artificial intelligence solutions for mammography and breast cancer screening, developing breast imaging analytics for radiology departments, healthcare systems, and DI departments. The company offers a web-based analytics platform called densitasenterprise, which includes densitasdensity for ACR BI-RADS density assessments, densitasquality for image quality evaluations, and densitasrisk for breast cancer risk assessments. These tools provide on-demand, risk-based insights to monitor clinical, quality, and operational performance, support workflow integration, quality control, and value-based care. The platform is designed to be fully PACS-centric, operating on routinely archived DICOM images and supporting point-of-care and retrospective processing of mammograms. Densitas was founded in 2011 and is based in Halifax, Canada.

Spring Loaded

Venture Round in 2019
Spring Loaded Technology Inc. is a Canadian company that specializes in the design and development of bionic knee braces aimed at enhancing leg strength and mobility. Its flagship product, the Levitation knee brace, is recognized as the world's first compact and powerful device that assists with knee extension while alleviating pain and joint compression. The company offers a variety of knee braces tailored for diverse applications, including athletic activities such as skiing, running, and cycling, as well as for individuals dealing with knee osteoarthritis, injuries, and mobility impairments. Spring Loaded's products are engineered to improve performance, reduce fatigue, and support individuals in daily activities, including skilled trades. Established in 2012 and based in Dartmouth, Canada, the company prioritizes the intersection of research and development to create innovative solutions that enhance quality of life. Its products are available for purchase online.

Thorasys

Venture Round in 2019
Thorasys Thoracic Medical Systems Inc. is a Montreal-based respiratory medical device company dedicated to advancing pulmonary diagnostics. The company focuses on the development of innovative technologies for the diagnosis and monitoring of lung diseases, including asthma and chronic obstructive pulmonary disease. Utilizing a unique forced oscillation technique, Thorasys has created pulmonary function test equipment that allows healthcare professionals to accurately measure lung capacity across diverse patient populations. This technology facilitates early detection of lung diseases, thereby enhancing patient care and treatment outcomes.

Saccade Analytics

Venture Round in 2019
Saccade Analytics Inc. is a Montreal-based company that specializes in developing clinical tools for analyzing data from patients' eye and head movements during simple tasks to assess brain function. Founded in 2016 by Dr. Mimi Galiana, a pioneer in the field of eye and head movement analysis, the company aims to enhance neurological care by translating advanced research into practical applications. Its flagship product, InSight, is designed for clinicians and therapists to diagnose and monitor conditions such as concussions, vestibular disorders, and other neurological issues. By harnessing decades of research, Saccade Analytics strives to provide accessible diagnostic tools that improve patient outcomes.

Optina Diagnostics

Seed Round in 2019
Optina Diagnostics is a diagnostics company focusing on retinal imaging and artificial intelligence to provide non-invasive tests that detect signs of neurodegenerative and ocular diseases. By analyzing retinal images, it identifies biomarkers associated with Alzheimer's disease, as well as eye conditions like age-related macular degeneration and diabetic retinopathy, enabling clinicians to assess brain health and disease risk early. The platform aims to support timely diagnosis and treatment decisions with a simple eye exam.

Spinologics

Venture Round in 2019
Spinologics is a medical device company focused on spinal care technologies. It develops and manufactures devices and software to support spinal screening, imaging, and surgical workflows, including Scolioscreen, a phone-based screening device; Scolioscreen APP, software that works with the device to measure trunk rotation; and Cervision, a neck and cervical spine positioning tool used to reduce surgery time and improve x-ray imaging. The company also operates the Biomechanics Numerical Lab, which provides biomechanics support for medical device design and consulting services. Spinologics is positioned to translate ideas from concept to practice and serves healthcare facilities by offering orthopedic instruments, spinal implants, and disposable surgical tools to enhance patient outcomes.

Trip Ninja

Seed Round in 2019
Trip Ninja Inc., established in 2015 and based in Halifax, Canada, specializes in multi-destination flight booking solutions. Its core product is a web-based application that enables users to search for optimized travel routes worldwide at the lowest cost. Trip Ninja caters to both consumers via its website and businesses through its API, serving as a comprehensive tool for travel agencies seeking affordable and efficient trip planning.

Invisible Agents

Grant in 2019
Invisible Agents is a Halifax-based company, established in 2018, that specializes in developing technology solutions to enhance fundraising efforts for non-profits and churches. By leveraging machine learning and analytics, the company provides a tailored platform designed to bridge the gap between organizational data and effective fundraising actions. Invisible Agents empowers these organizations to utilize advanced technology, such as data visualization and cross-channel communication, to optimize their fundraising strategies. The company's focus is on making data-driven fundraising accessible and actionable, enabling non-profits to raise more funds and improve their overall effectiveness in achieving their missions.

ReelData AI

Seed Round in 2019
ReelData AI specializes in developing artificial intelligence software tailored for the aquaculture industry. Based in Halifax, Canada, the company offers advanced monitoring solutions for fish farms, utilizing feed cameras to measure key metrics such as biomass, sea lice presence, and overall fish health in real-time. This technology enables fish farms to optimize their operations by providing crucial insights into weight distributions, feeding patterns, and growth analysis. By improving the efficiency of feed usage and enhancing fish health, ReelData AI aims to support aquaculture businesses in maximizing their productivity and sustainability. The company was established in 2019.

ReelData AI

Grant in 2019
ReelData AI specializes in developing artificial intelligence software tailored for the aquaculture industry. Based in Halifax, Canada, the company offers advanced monitoring solutions for fish farms, utilizing feed cameras to measure key metrics such as biomass, sea lice presence, and overall fish health in real-time. This technology enables fish farms to optimize their operations by providing crucial insights into weight distributions, feeding patterns, and growth analysis. By improving the efficiency of feed usage and enhancing fish health, ReelData AI aims to support aquaculture businesses in maximizing their productivity and sustainability. The company was established in 2019.

Symbi Medical

Grant in 2019
Symbi Medical is a digital health company that provides a procedural care navigation platform designed to help patients manage their health before and after medical procedures. The platform is HIPAA and PHIPA compliant, facilitating thousands of patient interactions through seamless integration with electronic medical record (EMR) vendors. By delivering personalized care journeys at scale, Symbi aids healthcare organizations in enhancing clinical decision-making, managing risk, and improving health outcomes for their patient populations. The company boasts a team of medical advisors affiliated with prominent institutions such as the University of Michigan, St. Michael's Hospital, and Nova Scotia Health. Symbi Medical was acquired by Blue Charm Adherence in March 2021, further expanding its capabilities in the healthcare sector.

CarbonCure

Corporate Round in 2018
CarbonCure Technologies Inc. is a Canadian company that specializes in technology designed to sequester carbon dioxide (CO2) in concrete production. Founded in 2007 and headquartered in Dartmouth, Nova Scotia, the company provides a retrofit solution for existing concrete plants, allowing producers to incorporate waste CO2 from industrial emitters into their concrete products. During manufacturing, this CO2 is chemically converted into solid mineral carbonates, enhancing the strength of the concrete while reducing its carbon footprint. CarbonCure's innovative approach enables concrete manufacturers to produce green concrete without compromising quality or cost, thereby facilitating a shift towards sustainable building practices. The company also offers marketing and environmental reporting services to support its customers in the growing green building market. By licensing its technology at a low capital expenditure, CarbonCure generates a recurring revenue stream while contributing to the reduction of greenhouse gas emissions in the concrete industry.

Aqualitas

Venture Round in 2018
Aqualitas Inc. is a Canadian company specializing in the production and sale of medical cannabis products. Founded in 2014 and headquartered in Bedford, Nova Scotia, Aqualitas utilizes an innovative aquaponics growing platform, which integrates aquaculture and hydroponics, to cultivate cannabis in a sustainable and efficient manner. The company prioritizes water quality and employs rigorous testing standards to ensure that its products meet high safety, purity, and consistency levels. Aqualitas is committed to providing top-quality cannabis products to its clients, reflecting its scientific approach to cultivation and dedication to excellence.

Aqualitas

Seed Round in 2018
Aqualitas Inc. is a Canadian company specializing in the production and sale of medical cannabis products. Founded in 2014 and headquartered in Bedford, Nova Scotia, Aqualitas utilizes an innovative aquaponics growing platform, which integrates aquaculture and hydroponics, to cultivate cannabis in a sustainable and efficient manner. The company prioritizes water quality and employs rigorous testing standards to ensure that its products meet high safety, purity, and consistency levels. Aqualitas is committed to providing top-quality cannabis products to its clients, reflecting its scientific approach to cultivation and dedication to excellence.

Trip Ninja

Pre Seed Round in 2018
Trip Ninja Inc., established in 2015 and based in Halifax, Canada, specializes in multi-destination flight booking solutions. Its core product is a web-based application that enables users to search for optimized travel routes worldwide at the lowest cost. Trip Ninja caters to both consumers via its website and businesses through its API, serving as a comprehensive tool for travel agencies seeking affordable and efficient trip planning.

Harbr

Seed Round in 2018
Harbr Inc. is a technology company that specializes in artificial intelligence-driven software solutions for the construction industry. Founded in 2016 and headquartered in Halifax, Nova Scotia, Harbr develops tools designed to enhance project management by organizing and managing data effectively. Its offerings include a range of construction management solutions, such as the free Super Schedule that provides daily logs for user and site safety, the Pro version that facilitates team connectivity on job sites, and the Enterprise solution that links multiple job sites and teams. Additionally, Harbr's platform streamlines the qualification process for lenders by automating document evaluation and data extraction, allowing businesses to reduce manual intake efforts and improve scalability.

Appili Therapeutics

Seed Round in 2018
Appili Therapeutics Inc. is a biopharmaceutical company based in Halifax, Canada, focused on acquiring, developing, and commercializing innovative medicines to address unmet needs in infectious diseases. Founded in 2015, the company has a diverse anti-infective portfolio that includes several clinical candidates. These include Favipiravir for pandemic influenza and COVID-19, ATI-2307, an antifungal agent for cryptococcal meningitis and invasive candidiasis, and ATI-1501, a taste-masked oral formulation of the antibiotic metronidazole. Additionally, Appili is developing ATI-1503, which targets gram-negative bacteria, and ATI-1701, a live-attenuated vaccine for Francisella tularensis. Through its work, Appili Therapeutics aims to provide effective solutions for patients suffering from serious infections.

Trip Ninja

Pre Seed Round in 2017
Trip Ninja Inc., established in 2015 and based in Halifax, Canada, specializes in multi-destination flight booking solutions. Its core product is a web-based application that enables users to search for optimized travel routes worldwide at the lowest cost. Trip Ninja caters to both consumers via its website and businesses through its API, serving as a comprehensive tool for travel agencies seeking affordable and efficient trip planning.

Appili Therapeutics

Seed Round in 2017
Appili Therapeutics Inc. is a biopharmaceutical company based in Halifax, Canada, focused on acquiring, developing, and commercializing innovative medicines to address unmet needs in infectious diseases. Founded in 2015, the company has a diverse anti-infective portfolio that includes several clinical candidates. These include Favipiravir for pandemic influenza and COVID-19, ATI-2307, an antifungal agent for cryptococcal meningitis and invasive candidiasis, and ATI-1501, a taste-masked oral formulation of the antibiotic metronidazole. Additionally, Appili is developing ATI-1503, which targets gram-negative bacteria, and ATI-1701, a live-attenuated vaccine for Francisella tularensis. Through its work, Appili Therapeutics aims to provide effective solutions for patients suffering from serious infections.

Mimir Networks

Venture Round in 2017
Mimir Networks is a Canadian company specializing in cybersecurity tools that help businesses safeguard critical networks and internet-facing applications from a wide range of cyber threats. Founded by network security professionals with over 25 years of experience, Mimir Networks offers innovative solutions, including the world's first Petabyte+ distributed network forensics platform. This platform can be deployed across various environments, whether distributed across a campus or centralized in a single data center. Mimir's services are designed to support large enterprises, Internet Service Providers, data centers, and small to medium-sized businesses, utilizing a blend of Software as a Service, Infrastructure as a Service, and on-premise appliances. The company aims to enhance the capabilities of IT staff by providing intuitive and cost-effective tools that enable proactive network protection.

Neothermal Energy Storage

Pre Seed Round in 2017
Neothermal Energy Storage Inc., established in 2015 and located in Bridgewater, Canada, specializes in manufacturing electric thermal storage heaters designed for homeowners. The company focuses on enhancing the efficiency and sustainability of existing heating systems, such as boilers and furnaces, by offering an innovative electric thermal storage device. This device allows homeowners to transition from oil-based heating to off-peak electricity, thereby significantly reducing their carbon footprint. By integrating with current heating systems, Neothermal's technology enables the use of stored off-peak electricity for heating, promoting a more environmentally friendly and cost-effective solution for central heating. The company's products are distributed through certified electricians and HVAC contractors, ensuring reliable installation and service for their customers.

Appili Therapeutics

Seed Round in 2016
Appili Therapeutics Inc. is a biopharmaceutical company based in Halifax, Canada, focused on acquiring, developing, and commercializing innovative medicines to address unmet needs in infectious diseases. Founded in 2015, the company has a diverse anti-infective portfolio that includes several clinical candidates. These include Favipiravir for pandemic influenza and COVID-19, ATI-2307, an antifungal agent for cryptococcal meningitis and invasive candidiasis, and ATI-1501, a taste-masked oral formulation of the antibiotic metronidazole. Additionally, Appili is developing ATI-1503, which targets gram-negative bacteria, and ATI-1701, a live-attenuated vaccine for Francisella tularensis. Through its work, Appili Therapeutics aims to provide effective solutions for patients suffering from serious infections.

Densitas

Debt Financing in 2016
Densitas is a global leader in artificial intelligence solutions for mammography and breast cancer screening, developing breast imaging analytics for radiology departments, healthcare systems, and DI departments. The company offers a web-based analytics platform called densitasenterprise, which includes densitasdensity for ACR BI-RADS density assessments, densitasquality for image quality evaluations, and densitasrisk for breast cancer risk assessments. These tools provide on-demand, risk-based insights to monitor clinical, quality, and operational performance, support workflow integration, quality control, and value-based care. The platform is designed to be fully PACS-centric, operating on routinely archived DICOM images and supporting point-of-care and retrospective processing of mammograms. Densitas was founded in 2011 and is based in Halifax, Canada.

Densitas

Seed Round in 2016
Densitas is a global leader in artificial intelligence solutions for mammography and breast cancer screening, developing breast imaging analytics for radiology departments, healthcare systems, and DI departments. The company offers a web-based analytics platform called densitasenterprise, which includes densitasdensity for ACR BI-RADS density assessments, densitasquality for image quality evaluations, and densitasrisk for breast cancer risk assessments. These tools provide on-demand, risk-based insights to monitor clinical, quality, and operational performance, support workflow integration, quality control, and value-based care. The platform is designed to be fully PACS-centric, operating on routinely archived DICOM images and supporting point-of-care and retrospective processing of mammograms. Densitas was founded in 2011 and is based in Halifax, Canada.

PhotoDynamic

Seed Round in 2016
PhotoDynamic, Inc. is a life sciences and biotechnology company based in Halifax, Canada, founded in 2012. The company specializes in developing light-activated natural products designed to remove dental plaque. Its innovative approach utilizes natural extracts from a wild plant native to Nova Scotia, combined with a light-emitting medical device. This platform targets various health and wellness needs, offering solutions that address both over-the-counter and pharmaceutical markets. By focusing on antimicrobial properties activated by light, PhotoDynamic aims to assist healthcare professionals in reducing gum inflammation and effectively managing plaque buildup, particularly around braces and gum lines.

Appili Therapeutics

Seed Round in 2016
Appili Therapeutics Inc. is a biopharmaceutical company based in Halifax, Canada, focused on acquiring, developing, and commercializing innovative medicines to address unmet needs in infectious diseases. Founded in 2015, the company has a diverse anti-infective portfolio that includes several clinical candidates. These include Favipiravir for pandemic influenza and COVID-19, ATI-2307, an antifungal agent for cryptococcal meningitis and invasive candidiasis, and ATI-1501, a taste-masked oral formulation of the antibiotic metronidazole. Additionally, Appili is developing ATI-1503, which targets gram-negative bacteria, and ATI-1701, a live-attenuated vaccine for Francisella tularensis. Through its work, Appili Therapeutics aims to provide effective solutions for patients suffering from serious infections.

Island Water Technologies

Seed Round in 2016
Island Water Technologies Inc. is a company based in Montague, Canada, that specializes in providing self-powered wastewater treatment solutions for both domestic and industrial applications. Founded in 2013, the company focuses on modular, solar-powered systems that enhance the efficiency and sustainability of wastewater management. Additionally, Island Water Technologies offers monitoring solutions for wastewater treatment systems, improved septic systems, and engineering services related to on-site wastewater management. The company is committed to advancing next-generation technologies in wastewater treatment sensing and control, emphasizing innovation and environmental responsibility in its operations.

Swarmio Media

Seed Round in 2016
Swarmio Media Group Inc., established in 2014 and headquartered in Whitby, Canada, specializes in providing technological solutions for the gaming and real-time application industries. The company's core product, Swarmio Hive, is a cloud-based computing grid platform that leverages artificial intelligence and swarm intelligence algorithms to drastically reduce latency, ensuring a seamless gaming experience. Swarmio Media serves clients in North America, Europe, Asia, and Oceania, partnering with telecom operators and supporting a wide range of gaming and enterprise applications.

aioTV

Venture Round in 2016
aioTV Inc. is a cloud-based video platform that provides solutions for telcos, cable service providers, satellite providers, and wireless service providers globally. Founded in 2010 and headquartered in Centennial, Colorado, with additional facilities in Halifax, Canada, the company specializes in metadata management, curation, and personalization software. aioTV's offerings include tools such as the Metadata Manager, Composer, and Personalization Engine, designed to help video operators and content owners organize and personalize their video assets effectively. The platform aggregates various sources of licensed and unlicensed content, enabling service providers to enhance user experiences with relevant video options. As an innovator in the television landscape, aioTV holds several patents related to content packaging and distribution, empowering clients to maximize the value of their video libraries while leveraging their existing content delivery and customer management infrastructures.

Swept

Seed Round in 2016
Swept is a technology company that specializes in developing software solutions for the janitorial industry. Founded in August 2014 by Matt Cooper and Michael Brown, and based in Nova Scotia, Swept offers an operational cleaning management platform aimed at enhancing the efficiency of commercial cleaning businesses. The platform facilitates communication between cleaning companies, their employees, and customers, while also supporting real-time inspections and supply orders. By providing these tools, Swept enables cleaning companies to improve their operational effectiveness, increase profitability, and enhance customer retention.

Densitas

Seed Round in 2015
Densitas is a global leader in artificial intelligence solutions for mammography and breast cancer screening, developing breast imaging analytics for radiology departments, healthcare systems, and DI departments. The company offers a web-based analytics platform called densitasenterprise, which includes densitasdensity for ACR BI-RADS density assessments, densitasquality for image quality evaluations, and densitasrisk for breast cancer risk assessments. These tools provide on-demand, risk-based insights to monitor clinical, quality, and operational performance, support workflow integration, quality control, and value-based care. The platform is designed to be fully PACS-centric, operating on routinely archived DICOM images and supporting point-of-care and retrospective processing of mammograms. Densitas was founded in 2011 and is based in Halifax, Canada.

LeadSift

Venture Round in 2015
LeadSift Inc. is a company that specializes in developing intent data mining solutions to enhance sales intelligence for B2B marketers. Founded in 2012 and based in Halifax, Canada, LeadSift utilizes proprietary artificial intelligence and data mining technologies to analyze publicly available information from various social media platforms, including Twitter, Facebook, and LinkedIn. The company’s platform transforms extensive data points into actionable insights, allowing businesses to identify potential leads based on user behavior and engagement outside of their owned channels. By focusing on brand intent and audience segmentation, LeadSift helps fast-growing B2B software companies create targeted messaging for outreach and follow-up, ultimately driving new business opportunities.

Cellufuel

Venture Round in 2014
CelluFuel Inc. is a Canadian company based in Halifax, incorporated in 2008, that specializes in the production of synthetic renewable fuels derived from forestry resources. The company focuses on the commercialization of innovative technologies for converting woody biomass into renewable diesel fuel, positioning itself as a pioneer in the North American renewable energy sector. By operating a synthetic renewable fuel refinery, CelluFuel aims to provide sustainable energy solutions that contribute to both economic growth and environmental sustainability. Its commitment to clean and renewable practices underscores the company's goal of making a significant impact on the energy landscape.

The Rounds

Seed Round in 2014
The Rounds is a healthcare technology company focused on enhancing communication among physicians in Canada and beyond. The platform offers a secure and convenient environment for physicians to connect and collaborate on clinical cases, facilitating real-time consultations and second opinions. Designed to improve healthcare outcomes, The Rounds enables medical professionals to access communities of practice, learning opportunities, and curated information tailored to their clinical interests. With a commitment to privacy, the platform complies with both PIPEDA and HIPAA regulations, and it supports tens of thousands of physician collaborations each month. By fostering a social approach to healthcare, The Rounds is transforming how physicians engage with one another, ultimately aiming to provide better patient care.

Spring Loaded

Grant in 2014
Spring Loaded Technology Inc. is a Canadian company that specializes in the design and development of bionic knee braces aimed at enhancing leg strength and mobility. Its flagship product, the Levitation knee brace, is recognized as the world's first compact and powerful device that assists with knee extension while alleviating pain and joint compression. The company offers a variety of knee braces tailored for diverse applications, including athletic activities such as skiing, running, and cycling, as well as for individuals dealing with knee osteoarthritis, injuries, and mobility impairments. Spring Loaded's products are engineered to improve performance, reduce fatigue, and support individuals in daily activities, including skilled trades. Established in 2012 and based in Dartmouth, Canada, the company prioritizes the intersection of research and development to create innovative solutions that enhance quality of life. Its products are available for purchase online.

InNetwork

Seed Round in 2014
InNetwork Inc. is a Canadian company that specializes in providing tools for marketers to create and manage social media influencer outreach campaigns. Established in 2012, the company operates from Halifax and Toronto, offering a platform that enables brands to identify and engage trusted social media influencers. InNetwork’s solution is designed to simplify the influencer outreach process, allowing marketers to target specific customer demographics through detailed audience segmentation data. The platform not only connects marketers with a vetted network of influencers but also tracks and measures the effectiveness of influencer activities, ensuring that brands can communicate their messages efficiently and effectively. By streamlining the campaign process, InNetwork helps agencies and brand managers execute influencer outreach at scale, ultimately improving campaign results while saving time. InNetwork operates as a subsidiary of gShift Labs Inc.

CarbonCure

Series B in 2013
CarbonCure Technologies Inc. is a Canadian company that specializes in technology designed to sequester carbon dioxide (CO2) in concrete production. Founded in 2007 and headquartered in Dartmouth, Nova Scotia, the company provides a retrofit solution for existing concrete plants, allowing producers to incorporate waste CO2 from industrial emitters into their concrete products. During manufacturing, this CO2 is chemically converted into solid mineral carbonates, enhancing the strength of the concrete while reducing its carbon footprint. CarbonCure's innovative approach enables concrete manufacturers to produce green concrete without compromising quality or cost, thereby facilitating a shift towards sustainable building practices. The company also offers marketing and environmental reporting services to support its customers in the growing green building market. By licensing its technology at a low capital expenditure, CarbonCure generates a recurring revenue stream while contributing to the reduction of greenhouse gas emissions in the concrete 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
Performance Genomics Inc. is a genomics-based research company headquartered in Truro, Canada, focusing on the development of genetic products aimed at enhancing fertility, reproduction, and reproductive longevity in both agricultural species and humans. Established in 1999, the company employs a unique Mouse Model System to identify genes that influence fertility and reproductive longevity across various mammals. Performance Genomics develops DNA sequence-based predictive algorithms, known as Genome Apps, to inform livestock breeding practices and assess human reproductive health. The company has successfully demonstrated predictive capabilities for the productive lifetime of Holstein dairy cows through its earlier research. Its business model includes licensing livestock breeding and animal health applications to industry partners in exchange for milestones and royalties. Additionally, the company seeks to establish long-term partnerships and funding for research and development in human applications and consumer genomics. Performance Genomics collaborates with notable research institutions, including Genome Quebec and Dalhousie University, to further its mission in the genomics field.

Karma Gaming

Series A in 2013
Karma Gaming is a Halifax, Nova Scotia-based company specializing in the development of video games for regulated lotteries. With over 30 years of combined experience in the gaming industry, the company's team possesses a strong entrepreneurial background and a comprehensive understanding of online casual and social gaming. Karma Gaming has created a platform that integrates elements of casual and social game mechanics, allowing customers to engage in online games that offer cash prizes. This innovative approach not only enhances the gaming experience but also aligns with regulatory standards in the lottery sector.

LeadSift

Seed Round in 2012
LeadSift Inc. is a company that specializes in developing intent data mining solutions to enhance sales intelligence for B2B marketers. Founded in 2012 and based in Halifax, Canada, LeadSift utilizes proprietary artificial intelligence and data mining technologies to analyze publicly available information from various social media platforms, including Twitter, Facebook, and LinkedIn. The company’s platform transforms extensive data points into actionable insights, allowing businesses to identify potential leads based on user behavior and engagement outside of their owned channels. By focusing on brand intent and audience segmentation, LeadSift helps fast-growing B2B software companies create targeted messaging for outreach and follow-up, ultimately driving new business opportunities.

TitanFile

Seed Round in 2012
Founded in 2011, TitanFile develops a cloud-based enterprise file sharing solution that enables professionals across industries such as accounting, healthcare, legal, and manufacturing to securely exchange files. Its platform automatically organizes messages and documents around clients or projects, reducing filing overhead and increasing productivity.

InNetwork

Angel Round in 2012
InNetwork Inc. is a Canadian company that specializes in providing tools for marketers to create and manage social media influencer outreach campaigns. Established in 2012, the company operates from Halifax and Toronto, offering a platform that enables brands to identify and engage trusted social media influencers. InNetwork’s solution is designed to simplify the influencer outreach process, allowing marketers to target specific customer demographics through detailed audience segmentation data. The platform not only connects marketers with a vetted network of influencers but also tracks and measures the effectiveness of influencer activities, ensuring that brands can communicate their messages efficiently and effectively. By streamlining the campaign process, InNetwork helps agencies and brand managers execute influencer outreach at scale, ultimately improving campaign results while saving time. InNetwork operates as a subsidiary of gShift Labs Inc.

Equals6

Seed Round in 2012
Equals6 Inc. operates an online academic and career development networking community designed to connect students with resources and opportunities that support their goals. The platform facilitates interaction among students, allowing them to share ideas, showcase their academic and professional skills, and access tools to network with peers based on school or location. It also enables students to connect with organizations, including companies and educational institutions, to stay informed about job opportunities, scholarships, and industry news. Additionally, Equals6 provides features for creating and joining various networking groups, as well as tools for discussions, messaging, and collaboration. The company offers employers a way to engage with top student talent by posting jobs, offering scholarships, and providing mentorship. Based in Halifax, Canada, Equals6 aims to bridge the gap between academic pursuits and professional development for students, educators, and organizations.

DeNovaMed

Seed Round in 2012
DeNovaMed Inc. is an early-stage pharmaceutical company based in Halifax, Nova Scotia, Canada, focused on developing innovative antibiotics to address infections caused by drug-resistant bacteria, commonly known as superbugs. Established in 2006, the company leverages its expertise in drug discovery, microbiology, and bacterial lipid metabolism to create novel therapeutic approaches. DeNovaMed's products aim to enhance the effectiveness of existing antibiotics, particularly in treating skin, wound, and systemic infections. Through its research and development efforts, DeNovaMed seeks to provide healthcare providers with advanced solutions to combat the growing threat of antibiotic resistance.

CarbonCure

Series A in 2012
CarbonCure Technologies Inc. is a Canadian company that specializes in technology designed to sequester carbon dioxide (CO2) in concrete production. Founded in 2007 and headquartered in Dartmouth, Nova Scotia, the company provides a retrofit solution for existing concrete plants, allowing producers to incorporate waste CO2 from industrial emitters into their concrete products. During manufacturing, this CO2 is chemically converted into solid mineral carbonates, enhancing the strength of the concrete while reducing its carbon footprint. CarbonCure's innovative approach enables concrete manufacturers to produce green concrete without compromising quality or cost, thereby facilitating a shift towards sustainable building practices. The company also offers marketing and environmental reporting services to support its customers in the growing green building market. By licensing its technology at a low capital expenditure, CarbonCure generates a recurring revenue stream while contributing to the reduction of greenhouse gas emissions in the concrete industry.

aioTV

Series A in 2011
aioTV Inc. is a cloud-based video platform that provides solutions for telcos, cable service providers, satellite providers, and wireless service providers globally. Founded in 2010 and headquartered in Centennial, Colorado, with additional facilities in Halifax, Canada, the company specializes in metadata management, curation, and personalization software. aioTV's offerings include tools such as the Metadata Manager, Composer, and Personalization Engine, designed to help video operators and content owners organize and personalize their video assets effectively. The platform aggregates various sources of licensed and unlicensed content, enabling service providers to enhance user experiences with relevant video options. As an innovator in the television landscape, aioTV holds several patents related to content packaging and distribution, empowering clients to maximize the value of their video libraries while leveraging their existing content delivery and customer management infrastructures.

TitanFile

Seed Round in 2011
Founded in 2011, TitanFile develops a cloud-based enterprise file sharing solution that enables professionals across industries such as accounting, healthcare, legal, and manufacturing to securely exchange files. Its platform automatically organizes messages and documents around clients or projects, reducing filing overhead and increasing productivity.

Health Outcomes Worldwide

Venture Round in 2011
Health Outcomes Worldwide, Inc. is a Canadian company that specializes in developing e-health solutions for disease management aimed at healthcare organizations. Founded in 2005 and based in New Waterford, the company offers its flagship product, how2trak, which is a mobile and web-based data outcome measurement solution. This platform enables users to record clinical data related to wound management, diabetes practices, and various clinical indicators. By providing accessible reports, how2trak allows clinicians and managers to monitor patient outcomes and manage clinical practices effectively, thereby enhancing patient care and reducing delivery costs. The solution also facilitates compliance with patient safety standards by enabling surveillance of wound types and outcomes. Overall, Health Outcomes Worldwide aims to improve the quality of care delivered to patients through standardized measurement and evaluation processes.

Kivuto Solutions

Venture Round in 2009
Kivuto Solutions Inc. is a Canadian company specializing in the development of digital distribution and management solutions for academic software and resources. Founded in 1997 and formerly known as e-academy, Inc., Kivuto provides a cloud-based electronic license management system that facilitates the secure delivery and management of digital goods to individuals and organizations worldwide. The company serves over 60,000 academic institutions, enabling them to distribute software and eTexts to students, faculty, and staff through school-branded webstores. Kivuto’s offerings include account management, online verification, and e-commerce solutions, allowing for efficient tracking and reporting of licensed software. With a presence in over 195 countries, Kivuto aims to enhance the accessibility and delivery of digital educational content, contributing positively to communities at various levels.

DGI Clinical

Seed Round in 2001
DGI Clinical Inc. is a Canadian company based in Halifax that specializes in providing clinical metric solutions focused on dementia treatments. It serves pharmaceutical and biotech companies, as well as regulatory and reimbursement agencies, by offering tools that demonstrate clinically meaningful outcomes. The company's flagship product, SymptomGuide, is an interactive disease management tool that enables users to track and manage dementia symptoms over time, generating individualized reports that aid in diagnostic and treatment decisions. DGI Clinical also offers comprehensive support, including training programs for clinical study site initiation and ongoing assistance via telephone and email. With a commitment to innovative health management technologies, the company helps address the significant social and economic challenges posed by dementia, providing valuable data for drug development and efficacy assessments. DGI Clinical was originally founded as DementiaGuide Inc. in 2000 and rebranded in 2011.

Kivuto Solutions

Venture Round in 2001
Kivuto Solutions Inc. is a Canadian company specializing in the development of digital distribution and management solutions for academic software and resources. Founded in 1997 and formerly known as e-academy, Inc., Kivuto provides a cloud-based electronic license management system that facilitates the secure delivery and management of digital goods to individuals and organizations worldwide. The company serves over 60,000 academic institutions, enabling them to distribute software and eTexts to students, faculty, and staff through school-branded webstores. Kivuto’s offerings include account management, online verification, and e-commerce solutions, allowing for efficient tracking and reporting of licensed software. With a presence in over 195 countries, Kivuto aims to enhance the accessibility and delivery of digital educational content, contributing positively to communities at various levels.
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