Portfolio snapshot: UTEST in the Wall Street Journal, OtoSim & Sylleta win pitch competitions

utestHere’s a snapshot of some recent portfolio activity:

  • UTEST, the early-stage technology accelerator MI runs in partnership with the University of Toronto, was cited in the Wall Street Journal as part of what makes Toronto the best place to build a start-up in Canada and the eighth-best place in the world. Applications for UTEST’s the third cohort are open until Thursday, April 17, 2014.
  • OtoSim Inc. placed first out of 20 companies in the Venture Pitch competition at the Fundica Funding Roadshow for Mississauga/Toronto on April 9. Watch for them at the MaRS Healthkick event on May 15, 2014.
  • Canadian start-up Sylleta won the highest scores at Start-Up Chile’s Demo Day on April 10. The company develops cost-effective and eco-friendly solutions for the marine industry. Syletta licensed technology from University of Toronto researchers Gilbert Walker and Nikhil Gunari through MaRS Innovation.

To learn more about these and other start-up companies or licenseable technologies, view MaRS Innovation’s portfolio.

Posted by Elizabeth Monier-Williams, director of marketing and communications.