NorthSpring Capital Partners

Mesosil develops responsive antimicrobial materials to prevent infection at the medical device-tissue interface, with lifetime length of effect. Our technology is ideally suited for dental restoratives and dental implant surfaces. The result is greatly improved patient outcome with no change to practitioner workflow, reducing the likelihood of recurrent caries and detachment of dental restorations, or peri-implant wound infection that could result in implant loss and implant revision.

Noa Therapeutics is a preclinical biotech firm that is leading the way in the development of multimodal treatments. To simplify the course of care for patients in need, we developed a single, non-steroidal, small molecule with tunable efficacy

Oncoustics is focused on enhancing clinical workflow productivity through the development and deployment of advanced artificial intelligence solutions for non-invasive disease monitoring. The company utilizes AI to analyze raw ultrasound signals from accessible handheld devices, enabling rapid differentiation between healthy and diseased tissues. This innovative approach uncovers novel acoustic biomarkers that align with established medical standards. Initially concentrating on liver disease, which represents a significant global diagnostic market, Oncoustics has pursued Breakthrough Device Designation from the FDA for its OnX device, designed to detect liver fibrosis, and is progressing with a 510K filing. The company is also advancing several additional liver-related products and has gathered clinical data on various other organ conditions, including prostate, kidney, breast, and thyroid diseases and cancers.

Able Innovations focuses on creating advanced medical devices aimed at improving patient transfer in healthcare settings. The company has developed robotic technologies that automate labor-intensive tasks for frontline healthcare staff, allowing a single caregiver to safely and efficiently transfer patients laterally without physical effort. This innovation enhances the quality of care by providing a dignified experience for both patients and caregivers. Additionally, the technology helps healthcare facilities improve clinical throughput while minimizing the risk of injuries among staff, addressing a critical challenge in the healthcare industry.

Rehabtronics is a technology development company specializing in medical devices aimed at aiding recovery from neurological injuries, such as strokes and spinal cord injuries. The firm offers a range of rehabilitation products, including intermittent electrical stimulation technology designed to reduce pressure injuries in patients with mobility and sensation deficits. By focusing on innovative solutions, Rehabtronics seeks to enhance the rehabilitation process and improve patient outcomes for those facing significant physical challenges.

Mesosil develops responsive antimicrobial materials to prevent infection at the medical device-tissue interface, with lifetime length of effect. Our technology is ideally suited for dental restoratives and dental implant surfaces. The result is greatly improved patient outcome with no change to practitioner workflow, reducing the likelihood of recurrent caries and detachment of dental restorations, or peri-implant wound infection that could result in implant loss and implant revision.

FluidAI Medical is a company dedicated to enhancing patient care through innovative technology in post-operative recovery. It has developed a smart catheter system that employs artificial intelligence to monitor patients' health data within the body. This proactive approach enables the early detection of postoperative complications, allowing healthcare providers to access critical health information promptly. By leveraging data-driven insights, FluidAI aims to improve recovery outcomes and transform the standards of post-operative care.

DarwinAI Corp. is a company that designs and develops a platform for creating deep neural networks aimed at enterprise artificial intelligence. Based in Waterloo, Canada, the company offers GenSynth, a software platform that accelerates the deep learning development cycle for developers and data scientists. GenSynth automatically generates models that meet specific performance targets while ensuring transparency and providing insights into the factors influencing decision-making. DarwinAI's technology, referred to as Generative Synthesis, optimizes and explains deep learning processes, thereby eliminating uncertainties in AI development. Additionally, the company has developed an AI-powered visual quality inspection system for the PCBA manufacturing lifecycle, which utilizes specialized optics and artificial intelligence to detect product defects. This system enhances product quality and consistency, ultimately reducing costs and improving customer satisfaction in manufacturing.

Forcen Inc. is a Toronto-based company that develops and manufactures innovative force-sensing film technology for various applications, including surgical robotics, industrial robotics, and aerospace and defense. Founded in 2015, Forcen specializes in providing real-time force feedback, allowing users to accurately gauge the force applied during surgical procedures or industrial tasks. This technology can be seamlessly laminated onto medical devices and robotic systems, enhancing their performance and safety. By delivering precise data on force and torque, Forcen aims to improve operational efficiency and reduce complications in both medical and industrial environments.

Workwolf is a Toronto-based start-up focused on addressing significant challenges in the employment market, specifically applicant filtration and resume verification. Founded by Erik Simins, a subject matter expert in human resources, the company offers a blockchain and AI-driven background verification solution that allows candidates to create verified profiles while providing employers with detailed reports on candidate credentials. This technology aims to reduce resume fraud and streamline the hiring process, resulting in faster time-to-hire and fewer mis-hires. Workwolf has received three global awards for its innovation and market potential, and is currently preparing for a $4.5 million seed financing round to further its growth and development.

YOURIKA combines years of AI research from the University of Waterloo (Top 5 in AI) with our proprietary technology and domain expertise to make smarter and more connected learning products. This includes our own platform, ORBITS, that liberates teenage students to work smarter when learning remotely.

Forcen Inc. is a Toronto-based company that develops and manufactures innovative force-sensing film technology for various applications, including surgical robotics, industrial robotics, and aerospace and defense. Founded in 2015, Forcen specializes in providing real-time force feedback, allowing users to accurately gauge the force applied during surgical procedures or industrial tasks. This technology can be seamlessly laminated onto medical devices and robotic systems, enhancing their performance and safety. By delivering precise data on force and torque, Forcen aims to improve operational efficiency and reduce complications in both medical and industrial environments.

CalendarHero is a company that specializes in developing a digital assistant application aimed at enhancing workplace productivity by minimizing distractions from operational tasks. Its automated virtual assistant streamlines various office functions, including meeting scheduling, workload management, and contact list organization. By setting reminders and storing essential background information, CalendarHero's platform enables enterprise managers to efficiently manage their time and resources, significantly improving overall productivity within organizations.

Nicoya Lifesciences Inc. is a Canadian company based in Kitchener that specializes in developing advanced sensor products for the biotechnology and pharmaceutical industries. Founded in 2012, Nicoya creates instruments designed to analyze biomolecular interactions, including proteins, antibodies, DNA, RNA, and small molecules. Their product lineup includes surface plasmon resonance (SPR) instruments, spectrophotometers, sensor chips, reagents, and accessories, as well as the OpenSPR, a personal label-free biomolecular analysis instrument. In addition to hardware, Nicoya offers software solutions for real-time kinetic analysis, instrument control, and optical peak tracking, enhancing the capabilities of their analytical tools.

SSIMWAVE Inc. is a software company specializing in video quality monitoring and optimization solutions tailored for the media, communication, and entertainment industries. Founded in 2013 and based in Waterloo, Canada, SSIMWAVE develops tools that enhance video quality through perceptual measurements. Their offerings include the Video QoE Monitor for on-demand content, Video QoE Monitor Live for real-time broadcast monitoring, and the Perceptual Stream Optimizer, which enhances video encoding processes. Additionally, the Smart Video Streaming technology allows for adaptive streaming that optimizes viewer experience while reducing bandwidth costs. SSIMWAVE's platform automates the assessment of video quality, enabling organizations, including major studios, to improve the consistency and effectiveness of their quality assurance processes.

RYSE creates devices to motorize and automate window coverings. The RYSE SmartShade automates existing window shades that has a beaded chain or cord loop. RYSE was awarded the Motorized Product of the Year by the Consumer Technology Association in 2017, RYSE is compatible with a variety of window shades and allows you to control and schedule your shades from the comfort of your phone.

Intellijoint Surgical Inc. is a Canadian medical device company founded in 2010 and headquartered in Waterloo, Canada. The company specializes in developing innovative tools to assist orthopedic surgeons, primarily focusing on hip replacement surgery. Their flagship product, Intellijoint HIP, is a miniaturized system that enhances the accuracy of implant selection and positioning. This affordable and easy-to-use device combines hardware and software, utilizing miniature optical sensors and microelectronics to provide real-time quantitative data on cup position, leg length, and offset during surgery. By integrating this technology into the surgical workflow without altering established techniques, Intellijoint HIP allows surgeons to make informed decisions quickly, improving surgical precision and patient outcomes while also enhancing hospital efficiencies. In recognition of its contributions to the field, Intellijoint Surgical received the North American Frost & Sullivan Enabling Technology Leadership Award in 2016.

KA Imaging Inc. is a Canadian company based in Waterloo that focuses on designing and manufacturing advanced X-ray detectors for both medical and non-medical applications. Founded in 2015, the company has developed the world's first portable dual energy subtraction X-ray detector, which enhances the sensitivity of disease identification, including conditions such as pneumonia and fractures. This innovative device, known as Reveal, has received FDA clearance and is sold globally. KA Imaging offers a range of products, including static detectors for identifying faults in infrastructure, dual-energy detectors for baggage screening, dynamic detectors for inspecting moving parts, and specialized mammography detectors. With a team of 20 full-time and 10 part-time employees, the company holds 52 global patents and 17 issued US patents, emphasizing its commitment to advancing X-ray imaging technology across various sectors.

HTBASE provides a software-defined platform designed for medium and large enterprises, offering a composable IT infrastructure solution. The company's technology transforms compute, storage, and network resources into a flexible, hardware-agnostic pool that can be scaled according to client needs. By enabling organizations to streamline their operations, HTBASE supports the efficient delivery of technology solutions and accelerates the transition to cloud computing. This approach allows IT teams to optimize their processes and focus on delivering enhanced services, ultimately creating greater value for their organizations.

Synergy Disc Replacement Inc(SDRI) produces Cervical disc implant to restore patient's balance, range of motion and alignment.

Perimeter Medical Imaging is a medical technology company focused on enhancing cancer surgery through innovative imaging solutions. The company specializes in ultra-high-resolution, real-time imaging tools designed to meet significant unmet medical needs in the surgical field. By providing advanced imaging capabilities, Perimeter aims to improve the accuracy and outcomes of cancer surgeries, ultimately benefiting patients and healthcare providers alike.

Founded in 1996, directworx (formerly Pegasus Direct Mail Worx) offers state-of-art response technologies for direct mail and transactional mail campaigns encompassing all aspects of creative, data cleansing, dynamic imaging and delivery electronically or through postal services