ventureLAB

Southern Ontario’s tech sector, a North American powerhouse, is bolstering Canada’s economy significantly. Acknowledging this, the Canadian government has pledged continued investment.

FedDev Ontario’s support has been instrumental in establishing ventureLAB’s Hardware Catalyst Initiative (HCI), Canada’s sole lab and accelerator focusing on hardware and semiconductors. HCI has already propelled over 65 businesses, generating 400 jobs and 80 new intellectual properties.

Recently, Ministers Filomena Tassi and Mary Ng announced a $4.5 million investment in ventureLAB, enhancing HCI’s capabilities. This funding is set to foster 30 additional companies, maintain 170 jobs, and commercialize 25 new products.

Want to know more? Check out the source code here.

ventureLAB has announced the launch of the Hardware Angel Network (HAN) at York Region’s #YRtech pavilion during Collision.

This groundbreaking investor network aims to support pre-seed and seed stage startups in Canada’s hardware and deep-tech sectors.

HAN plays a vital role in coordinating investment opportunities, syndicating deals, and facilitating due diligence to foster early-stage Canadian companies throughout the ecosystem.

With a focus on hardware startups, HAN provides curated investment opportunities to foundational companies building transformative products with global impact.

Over 25 investors, including Boreal Ventures, Risc Capital, and Angel One Investor Network, have already committed to supporting HAN.

Want to know more? Check out the source code here.