At ventureLAB’s third HardTech Summit, speakers discussed challenges and opportunities facing deep technology startups across the country and offered entrepreneurs advice on navigating them.
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Startups & Innovation
Richmond Hill-based PharmaGuide wins investment from Pfizer Canada for innovative AI patient portal
PharmaGuide patient portal, PharmaVisionAI, aims to ease the administrative burden faced by physicians in the Canadian health care system by using technology to facilitate drug coverage processes.
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Markham headquartered restaurant software startup Snappy secures $7-million Series A round
Founded in 2016, Snappy offers restaurant management technology for customer touchpoints including point-of-sale, online orders, loyalty programs, reservations, waitlists, and custom-branded mobile apps and websites.
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Sustainable semiconductor solutions with AI: ventureLAB recaps the deeptech-focused panel at Elevate Festival
ventureLAB’s VP of the Hardware Catalyst Initiative, Avinash Persaud, took on the role of moderator for a thought-provoking panel discussion “Sustainable Semiconductor Solutions with AI” at Elevate Festival 2023.
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Breaking barriers: women tech founders change venture capital landscape
Across the country, organizations are pushing for greater gender diversity to support women’s participation in the tech sector. VentureLAB’s Tech Undivided program and the federal government’s Women Entrepreneurship Strategy (WES) are among the initiatives helping women entrepreneurs grow and scale their businesses.
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Hugh Chow, global leader in innovation and technology appointed CEO at ventureLAB
“On behalf of the Board of Directors, it is our pleasure to welcome Hugh to the dynamic ventureLAB team,” said Yalda Riahi, Chair of ventureLAB’s Board of Directors. “We believe that Hugh’s unique expertise in many of the technology-centric sectors will help move us to the next chapter of helping Canadian companies succeed globally. We also believe his leadership will contribute significantly to Canada’s goal of solidifying our position in key high-value industries, including semiconductors, AI and medtech.”
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ventureLAB launches nation’s first Hardware Angel Network
The network, the organization said in a release issued at Collision 2023 in Toronto, “catalyzes investments in the Canadian hardware and deep-tech sectors,” through the raising of capital and development of third-party partnerships for startups.
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ventureLAB Unveils Canada’s First Hardware Angel Network
ventureLAB announced the launch of the Hardware Angel Network (HAN), the only hardware and deep-tech focused investor network supporting pre-seed and seed stage startups in the country.
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Ontario Supporting More Innovation in Growing Tech Sector
The province’s $107 million Critical Technology Initiatives funding supports programs led by not-for-profit organizations that will accelerate the use of critical technology by Ontario companies and enable the development of innovative made-in-Ontario solutions. Full news release: news.ontario.ca
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Culture, recreation-based initiatives could get up to $10K from Aurora’s new community grant program
The grant program will offer up to $10,000 to eligible organizations and individuals through four submission deadlines each year.
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ventureLAB initiative attracting tech firms to York Region
The semiconductor industry supports a variety of products since the semiconductors, or tiny chips, can be found in thousands of products such as computers, smartphones, appliances, gaming hardware and medical equipment like ventilators. This has been an important initiative through the pandemic given the global shortage of supplies, the region stated.
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Aurora entrepreneur driven to propel economic growth in York Region
“I have lived in York Region for over 30 years, and have worked here for half that time. Contributing to the continual growth and success of our Region is truly important to me,” says Loo. “York Region has a phenomenal history of innovation and entrepreneurship – and it’s important that we continue to build on this…”
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YSpace receives $3 million to support women entrepreneurs
ELLA, run by York University’s innovation hub, YSpace, has received $3 million from a federal government program called Women Entrepreneurship Strategy (WES) to expand support for woman entrepreneurs across the country.
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Celebrating the future of women in tech at ventureLAB
On March 29, women entrepreneurs, founders from ventureLAB’s Tech Undivided initiative and senior leaders in the hardware and semiconductor industry came together from across the province to celebrate and recognize women in the tech sector.
Read More The one-of-a-kind startup making it easy for companies to use autonomous machinery
ventureLAB’s Accelerate AI company, Cyberworks Robotics, is a one-of-a-kind startup that’s making it easy for companies to use autonomous machinery. A real-time example can be seen in ventureLAB’s Innovation Space where Cyberworks Robotics’ sensor technology is actively used on the floor cleaning machines, keeping the space tidy using a fully autonomous vehicle.
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Easly and ventureLAB announce new partnership to drive innovation in Canada
“Thanks to our partnership with ventureLAB, more Canadian entrepreneurs will learn how they can take advantage of government tax credits to secure a more predictable cash flow and access capital sooner,” said Alastair Nimmons, Executive Vice President at Easly.
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