Innovacorp

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.

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 Nova Scotia

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.

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.

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.

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.

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.

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.

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.

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.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.