INNOVATE™ Toronto

Edesa Biotech, Inc. is a biopharmaceutical company focused on commercializing latestage, research-validated assets. In 2020, the Markham-based company positioned itself on the frontline of the Covid-19 treatment race when one of its leading drug candidates showed great promise as a “rescue therapy” for hospitalized patients with a life-threatening form of...

OTI Lumionics develops advanced materials—by design—using quantum simulations, machine learning and in-house automated testing in pilot production. OTI works with the largest mobile device and display manufacturers in the world to enable materials for OLED displays used in next-generation consumer electronics and automotive applications. Their advanced electrode materials, and associated...

As digital transformation accelerates across industries in Canada, companies are looking to build a much stronger digital foundation to fundamentally change the way their business works. Artificial Intelligence (AI), hybrid cloud and quantum computing are playing a significant part in helping private and public organizations further advance and contribute to...

Guided by a vision of a world powered by ambitious entrepreneurs, the DMZ is a world-leading incubator on a mission to change the lives of founders both in Canada and around the globe. By equipping the next generation of leading tech entrepreneurs with the tools needed to build, launch, and...

Known for its diverse population and iconic skyline, Toronto is also the birthplace of the electron microscope, insulin, and pacemakers. And on a quiet side street south of the University of Toronto, one growing biotechnology company aims to contribute to the city’s entrepreneurial legacy. AmacaThera is a clinical-stage biotechnology company...

Located at the commercial centre of Canada, Ryerson University’s 10-incubator network provides Toronto’s ecosystem with an accessible first step for early-stage startups and entrepreneurs, as well as support for the growth of their ventures. At any time of year, you’ll find more than 300 startups on campus, and each incubator,...

Venture for Canada is a national charity that fosters the entrepreneurial skills and mindset of young Canadians. We recruit, train, and support young people to work for innovative Canadian small businesses and startups. Participants develop the network, knowledge, and entrepreneurial skills to have more impactful careers through our programs. In...

Thornhill Medical is a leading developer of innovative mobile medical technologies. Thornhill Medical’s ground-breaking solutions are produced to be used around the world by emergency health care providers, military medical teams and disaster relief responders.   Renowned Canadian research scientist and physician, Dr. Joseph Fisher, has spent his career achieving...

Amplify Capital is a Canadian-based investment fund that provides early-stage companies long-term equity solutions and strategic support to develop their business to solve challenges affecting our future. Led by veteran private equity executive Kathryn Wortsman, Amplify Capital invests exclusively in impact ventures that demonstrate significant, measurable impact alongside market-rate returns....

The key to innovation is seeing opportunity in unlikely places. For Antibe Therapeutics, the place is a cloud of noxious gas; the prize is a new generation of painkillers. In the wake of the opioid crisis, there is an urgent need for safer analgesics. Almost one-in-10 Canadians prescribed opioid medications...

Diabetes affects more than 422 million people worldwide, and according to the World Health Organization, the disease will be the seventh leading cause of death in 2030. Patients with insulin-dependent diabetes use insulin therapy to control hyperglycemia (high blood sugar levels). Unfortunately, the most significant side effect of insulin therapy...

“Regenerative medicine is the future, and not only is it the future, it’s a branch of medicine that Canada and the province of Ontario are actually quite good at.” – Prime Minister Justin Trudeau When it launched onto the scene in 2011, there was nothing else like it. Even today, ten years...

Portage Ventures (“Portage”) is a venture investor that partners with some of the world’s most innovative financial technology companies. Portage is the venture capital arm of multi-asset class alternative investment firm Sagard. It was cofounded in 2016 by Paul Desmarais III (Executive Chairman and CEO of Sagard) and Adam Felesky...

Balance is Canada’s largest digital asset custodian. Our solution powers financial services companies such as over-the-counter trading desks, exchanges, lenders, and ATM networks. The assets are kept secure on specialized hardware, kept fully offline in geographically distributed bank grade vaults that are access controlled, monitored, and guarded 24/7. Our internal...

WE ARE ON A MISSION TO BUILD THE INTERNET OUTSIDE OF EARTH Kepler Communications was founded in 2015 by a group of University of Toronto graduate students who met in the University of Toronto Aerospace Team, also known as UTAT. They noticed a massive renewal of interest and activity in...

Brickeye is a leader in industrial internet of things (IoT) and data analytics for risk mitigation in construction and infrastructure management. We empower customers to build and manage their projects and assets safer, smarter, and better. By integrating actionable, real-time data from IoT-enabled sensors and predictive analytics, we enable customers...

At Muse®, we live at the heart of personal transformation through human-centered technology. We are a team of engineers, scientists, artists, marketers, and developers with a mission to help people live happier, healthier, and more connected lives through leading brainwave technologies and experiences. Muse has worked with top-tier goods, transportation,...

Through technology and automation, Perch’s free analytics platform gives users detailed insights into all aspects regarding homeownership, all of which is supplemented by a dedicated mortgage advisor that strategizes with clients to help them achieve their homeownership goals. Perch’s mission is to empower Canadians to make more informed decisions when...

A national, bilingual, not-for-profit organization, Mitacs empowers Canadian innovation through effective partnerships that deliver solutions to the world’s most pressing problems. This effort is supported by the Government of Canada, the Government of Ontario, and other provincial and territorial governments. By driving economic growth and productivity, Mitacs creates meaningful change...

Construction is one of the largest industries in the world that serves all other sectors. The construction industry affects the economy, the environment, and society as a whole. Buildings generate nearly 40 percent of annual global Greenhouse gas emissions. Material production, construction waste, transportation, and construction processes account for about...

Carlos Secada as a child with his parents and sister lived alone in the middle of the Amazon jungle. He grew up deprived of any initiative coming from modernity and technology. It was only after returning to the city and studying, that he managed to start working for Accenture, and...

Peak Power is a Canadian climate tech company at the forefront of the energy transition. We are the only company bringing together batteries, grid-interactive buildings, and bi-directional electric vehicles into one technology platform, Peak Synergy. This technology enables our commercial and industrial real estate partners to achieve net-zero goals, cut operating...

Tech is about more than just new tools. It is about unlocking opportunities and markets, supporting new approaches, and empowering more high-tech innovations. Microsoft has worked closely with Toronto and Canada’s venture capital community looking to bolster its investments in Canadian startups.   Toronto and Canada’s venture capitalists are innovation...

One notable development is the move from internal combustion engines (ICE) to electric vehicles (EVs). The lithium-ion (Li-ion) batteries used in EVs are becoming more prevalent everywhere. These days, they are the go-to choice when it comes to powering everything from mobile phones to power tools, drones, EVs, and more....